User Manual for Tengwei models including: 2A4MQ-RKN99, 2A4MQRKN99, RKN99 Mechanical keyboard, RKN99, Mechanical keyboard, keyboard

760多国语言-25-04-03

dg06170

User Manual

Jingheng Tengwei (Huizhou) Electronic Technology Co., Ltd. RKN99 Mechanical keyboard 2A4MQ-RKN99 2A4MQRKN99 rkn99


File Info : application/pdf, 1 Pages, 1.97MB

PDF preview unavailable. Download the PDF instead.

GetApplicationAttachment.html?id=8412334
;9+83'4;'2
3KINGTOIGR1K_HUGXJ
(QJOLVK,XGT¨GOY'HXWVFK(VSDxRO 7UNoH

)54:+4:9
+TMROYN  ,XGT¨GOY   *K[ZYIN  +YVG²UR      7UNoH   

/4:85*;):/54

1K_HUGXJ

9O`K 2=.

6GIQGMKIUTZKTZ

2G_U[Z 

1K_HUGXJ

(GIQROMNZ 8-(

3GT[GR

9]OZIN 3KINGTOIGRY]OZINKY

^1K_IGVY9]OZIN6[RRKX

<KXYOUT ;9(-(:

^;9(:_VK)IGHRK

^-*UTMRK

:NOYVXUJ[IZJUKYTUZY[VVUXZLGYZINGXMOTM

/4*/)':58,;4):/54 )GVY2UIQ



3'4;'2:/3+9+::/4-

5VKXGZOUTYUTZNK:OSK3GOT/TZKXLGIK

..3399 ??33**

6XKYYGTJNURJZNKQTUHLUXGVVXU^OSGZKR_YKIUTJY[TZORZNK_KGXYZGXZYLRGYNOTMKTZKXOTMZNK SGT[GRGJP[YZSKTZSUJK8UZGZKZNKQTUHZUGJP[YZZNKT[SHKXY )RUIQ]OYKZUOTIXKGYK)U[TZKX IRUIQ]OYKZUJKIXKGYK
6XKYY ZNK QTUH OT Z[XT ZU GJP[YZ ZNK *GZK??33** GTJ :OSK ..3399 XKYVKIZO\KR_ 9OSORGXR_ XUZGZK ZNK QTUH ZU GJP[YZ ZNK T[SHKXY  )RUIQ]OYK ZU OTIXKGYK )U[TZKXIRUIQ]OYK ZU JKIXKGYK
'LZKX IUSVRKZOTM ZNK YKZZOTMY VXKYY GTJ NURJ ZNK QTUH UTIK SUXK LUX Y ZU YG\K GTJ K^OZ 'RZKXTGZO\KR__U[IGTYNUXZVXKYY,T:ZUW[OIQR_YG\KGTJK^OZ

145(,;4):/54 <UR[SK

<UR[SKIGROHXGZOUT /LZNK\UR[SKJOYVRG_OYOTIUXXKIZOZ]ORRHKG[ZUSGZOIGRR_ IGROHXGZKJGLZKXZNKJXO\KXOYZ[XTKJUT *XO\KXJU]TRUGJGJJXKYY ]]]XQMGSOTMIUS

)ROIQGHRK9IXURR1TUH :NK\UR[SKGJP[YZSKTZOYYKZZUJKLG[RZGLZKXVU]KXOTMUT )RUIQ]OYKXUZGZOUTLUX\UR[SK )U[TZKXIRUIQ]OYKXUZGZOUTLUX\UR[SK )ROIQZNKQTUHZUKTZKXZNKYKZZOTMYSKT[GTJYNUXZVXKYYZUIUTLOXS_U[XUVKXGZOUT

=/8+*)544+):/54 :_VK)OTZKXLGIK :_VK).;(

6R[MOTZNK;9(IGHRKVXKYYZNKQTUHZUKTZKXZNK SKT[!ZNKJOYVRG_YKRKIZY;9(3UJKGTJZNK JOYVRG_YNU]Y;9(9[IIKYY
6R[MOT;9(IGHRK!YNUXZVXKYY,48ZUY]OZIN ZU]OXKJSUJK



(:)544+):/54
:UMMRKZNKY]OZINZU54
(:IUTTKIZOUTYZKVY :[XTZNKQTUHZUYKRKIZGT_ULZNK(:OIUTY (:(:(::GQK(:LUXK^GSVRK 6GOXOTM :[XTZNKQTUHZUYKRKIZ(:!VXKYYGTJNURJZNKQTUHGTJZNKJOYVRG_YNU]Y(:6GOXOTM OTJOIGZOTMZNGZOZNGYKTZKXKJZNKVGOXOTMYZGZK! 2OTQOTM :[XTZNKQTUHZUYKRKIZ(:!VXKYYZNKQTUHYNUXZR_GTJZNKJOYVRG_YNU]Y(:2OTQOTM OTJOIGZOTMZNGZOZNGYKTZKXKJZNKIUTTKIZOUTYZGZK!
(:IUTTKIZOUT]OZNIUSHOTGZOUTQK_Y 6GOXOTM 6XKYYGTJNURJGT_YKZUL,47=+LUXZNXKKYKIUTJYLUXK^GSVRKRUTMVXKYY,T7 ZNKJOYVRG_YIXKKT]ORRYNU](:6GOXOTMOTJOIGZOTMZNGZZNKJK\OIKNGYKTZKXKJVGOXOTMSUJK 2OTQOTM 6XKYY,47=+HXOKLR_LUXK^GSVRKYNUXZVXKYY,T7ZNKJOYVRG_YIXKKT]ORR YNU](:2OTQOTMOTJOIGZOTMZNGZZNKJK\OIKNGYKTZKXKJROTQOTMSUJK
:[XTUT_U[XJK\OIK
Y(:YKGXINLUXZNOYQK_HUGXJGTJIUTTKIZYKGXINLUXZNKTGSKJOYVRG_KJ  
'LZKXIUSVRKZOTMZNKIUTTKIZOUTZNKJOYVRG_]ORRG[ZUSGZOIGRR_XKZ[XTZUZNKSGOTOTZKXLGIK
9OSORGXR_XKVKGZZNKGHU\KYZKVYZUYZUXKMXU[VYUL(:JK\OIKY

(: (: (:

1OTJR_8KSOTJKX HKLUXKY]OZINOTMVRKGYKVGOX MXU[VYUL(:OTGJ\GTIK

-)544+):/54 :UMMRKZNKY]OZINZU54 -2OTQOTM9ZKVY 6XKYYZNKQTUHZUKTZKXZNKSKT[ZNKQTUHYKRKIZY-3UJK 6XKYY ZNK QTUH YNUXZR_ ZNK QK_HUGXJ Y]OZINKJ ZU - SUJK GTJ ZNK JOYVRG_ YIXKKT YNU]Y- 2OTQOTMOTJOIGZOTMZNGZOZNGYKTZKXKJZNKIUTTKIZOUTYZGZK! /ZJOYVRG_Y-9[IIKYYUTIKZNKIUTTKIZOUTOYY[IIKYYL[RGTJG[ZUSGZOIGRR_HGIQZU.USKYIXKKT -6GOXOTM9ZKVY :NKQTUHYKRKIZY-3UJK 6XKYYGTJNURJZNKQTUHGTJZNKJOYVRG_YNU]Y-6GOXOTMVR[MOTZNK-JUTMRK /ZJOYVRG_Y-9[IIKYYUTIKZNKIUTTKIZOUTOYY[IIKYYL[RGTJG[ZUSGZOIGRR_HGIQZU.USKYIXKKT
-)544+):/54=/:.)53(/4':/541+?9 :UMMRKZNKY]OZINZU54 -)UTTKIZOUT]OZNIUSHOTGZOUTQK_Y 6XKYYGTJNURJ,46LUXYKIUTJYZUKTZKXZNK-VGOXOTMSUJK:NKJOYVRG_]ORRYNU]- 6GOXOTM /TYKXZZNKXKIKO\KXGTJZNKJOYVRG_]ORRYNU]-9[IIKYY]NOINSKGTYOZOYIUTTKIZKJY[IIKYYL[RR_ ,XOKTJR_XKSOTJKX 6GOXKJGZZNKLGIZUX_TUTKKJZUVGOXGMGOT
-*UTMRK9ZUXGMKGXKG





,;4):/541+?*/962'?56+8':/54

..3399 ??33** (:
<UR[SK'JP[YZSKTZ
=OT2UIQ
=OXKJSUJK

)GVY2UIQ =OTSUJK -

.USK2G_U[Z2GTM[GMK
:NKSGOTYIXKKTIGTHKYKZZU 3GOT :OSKOTZKXLGIK )[YZUSO`GHRK-/,OSGMK]OZNJXO\KXY[VVUXZ 2G_U[ZY]OZINOTM =OT3GI 2GTM[GMKYKRKIZOUT +TMROYN)NOTKYK (GIQROMNZ+LLKIZY)URU[X9KZZOTMY 9KRKIZZNK+LLKIZGTJVXKYYQTUH ;YKZNKQTUHZUINUUYKJOLLKXKTZHGIQROMNZKLLKIZY 9KRKIZZNK)URU[XGTJVXKYYQTUH ;YKZNKQTUHZUINUUYKJOLLKXKTZHGIQROMNZIURU[X (GIQROMNZ(XOMNZTKYY9VKKJ9KZZOTMY 9KRKIZZNK(XOMNZTKYYGTJVXKYYQTUH ;YKZNKQTUHZUGJP[YZHGIQROMNZHXOMNZTKYY 9KRKIZZNK9VKKJGTJVXKYYQTUH ;YKZNKQTUHZUGJP[YZHGIQROMNZKLLKIZYVKKJ


4[S2UIQ 3GISUJK (:

);9:53(')12/-.:9+:
9ZKV6XKYY,TZUI[YZUSO`KHGIQROMNZ 9ZKV6XKYY,T(GIQ+TZKXZNKHGIQROMNZXKIUXJOTMSUJK]NKTZNKQK_HUGXJHGIQROMNZOY ULL/TJOIGZKYZNGZZNKHGIQROMNZYZGXZYXKIUXJOTM 9ZKV6XKYYZNKQK_Y]NOIN_U[]GTZZUI[YZUSO`KGTJXKVKGZYZKV 9ZKV=NKTOZOYJUTKVXKYYOTM,T(GIQGMGOT]ORRYG\KZNKYKZZOTMYGTJK^OZZNKHGIQROZ XKIUXJOTMSUJK

(')12/-.:)54:852

,4 ,4 ,4 ,4 ,4" ,4Bb ,4=OT
,4YVGIKHGX

(GIQROMNZ(XOMNZTKYY (GIQROMNZ(XOMNZTKYY (GIQROMNZ9VKKJ (GIQROMNZ9VKKJ 9]OZINHGIQROMNZIURUX (GIQROMNZ3UJK9]OZINOTM =OTJU]Y2UIQ 6XKYYGTJNURJLUXZNXKKYKIUTJYZUXKYZUXK ,GIZUX_YKZZOTMY

9+)54*'+?)53(/4':/54,;4):/541+?9

,4*KR ,4.USK ,46M[V
,4 ,4 ,4' ,49

9IX21 +TJ 6G[YK 6XZ9I /TY 9]OZINZU=OTJU]YY_YZKS 9]OZINZU3GIY_YZKS



3;2:/3+*/'1+?,58=/4*5=9 =OTJU]YY_YZKS,T' Y]OZINZU=OTJU]YY_YZKS

,4, ,4, ,4, ,4, ,4, ,4, ,4, ,4, ,4, ,4, ,4, ,4,

)USV[ZKX (XU]YKX 3GORHU^ )GRI[RGZUX 6RG_KX 9ZUV 2GYZYUTM 6RG_VG[YK 4K^ZYUTM 3[ZK <UR[SK <UR[SK

3;2:/3+*/'1+?,583')

3')Y_YZKS,T9 Y]OZINZU3GIY_YZKS

,4, ,4, ,4, ,4, ,4, ,4, ,4, ,4, ,4, ,4,

9IXKKT(XOMNZTKYY 9IXKKT(XOMNZTKYY 1K_HUGXJ(GIQROMNZ(XOMNZTKYY 1K_HUGXJ(GIQROMNZ(XOMNZTKYY 2GYZYUTM 6RG_VG[YK 4K^Z9UTM 3[ZK <UR[SK <UR[SK

*U]TRUGJ*XO\KX'JJXKYY KTXQMGSOTMIUSJU]TRUGJ 

62'4/,/)':/543'4;+22+*+9.58'/8+9

5V§XGZOUTYY[XR
OTZKXLGIKVXOTIOVGRKJKR
NK[XK

..3399 ??33**

 'VV[_K` Y[X RK HU[ZUT KZ SGOTZKTK`RK KTLUTIª VKTJGTZ KT\OXUT  YKIUTJKY P[YW[
¡ IK W[K R
GTTªK IUSSKTIK ¡ IROMTUZKX VU[X KTZXKX JGTY RK SUJK JK XªMRGMK SGT[KR :U[XTK` RK HU[ZUT VU[XGP[YZKXRKYINOLLXKY *GTYRKYKTYJKYGOM[ORRKYJ
[TKSUTZXKVU[XG[MSKTZKXJGTYRKYKTY OT\KXYKJKYGOM[ORRKYJ
[TKSUTZXKVU[XJOSOT[KX
 'VV[_K` Y[X RK HU[ZUT ¡ ZU[X JK XµRK VU[X XªMRKX RG JGZK ''3300 KZ R
NK[XK ..3399 XKYVKIZO\KSKTZ*KS«SKZU[XTK`RKHU[ZUTVU[XXªMRKXRKYINOLLXKY *GTYRKYKTYJKYGOM[ORRKY J
[TKSUTZXKVU[XG[MSKTZKXJGTYRKYKTYOT\KXYKJKYGOM[ORRKYJ
[TKSUTZXKVU[XJOSOT[KX
;TK LUOY RKY XªMRGMKY ZKXSOTªY GVV[_K` ¡ TU[\KG[ Y[X RK HU[ZUT VKTJGTZ  YKIUTJKY VU[X KTXKMOYZXKX KZ W[OZZKX <U[Y VU[\K` ªMGRKSKTZ GVV[_KX HXO©\KSKTZ Y[X ,T: VU[X KTXKMOYZXKX KZ W[OZZKXXGVOJKSKTZ

,54):/54*;(5;:54

)GROHXGMKJ[\UR[SK

<UR[SK

9OR
GLLOINGMKJ[\UR[SKKYZOTIUXXKIZORYKXGG[ZUSGZOW[KSKTZ

IGROHXªGVX©YRGSOYKYU[YZKTYOUTJ[VORUZK

'JXKYYKJKZ§R§INGXMKSKTZJ[VORUZK 

]]]XQMGSOTMIUS

(U[ZUTJKJ§LORKSKTZIROW[GHRK 2KXªMRGMKJ[\UR[SKKYZXªMRªVGXJªLG[ZGVX©YRGSOYKYU[YZKTYOUT 8UZGZOUTJGTYRKYKTYJKYGOM[ORRKYJ
[TKSUTZXKVU[XRK\UR[SK 8UZGZOUTJGTYRKYKTYOT\KXYKJKYGOM[ORRKYJ
[TKSUTZXKVU[XRK\UR[SK )ROW[K` Y[X RK HU[ZUT VU[X KTZXKX JGTY RK SKT[ JKY XªMRGMKY KZ GVV[_K` HXO©\KSKTZ VU[X IUTLOXSKXR
UVªXGZOUT

35*+)(2 :_VK)OTZKXLGIK :_VK).;(

(XGTINKXRKI£HRK;9(GVV[_KXY[XRKHU[ZUTVU[XKTZXKX JGTYRKSKT[!R
ªIXGTYªRKIZOUTTK;9(3UJKKZR
ªIXGT GLLOINK;9(9[IIKYY
(XGTINKXRKI£HRK;9(!GVV[_KXHXO©\KSKTZY[X,48 VU[XVGYYKXKTSUJKI£HRª



)544+):/</:(:
R
OTZKXX[VZK[XRGZªXGRKYZVUYOZOUTTªY[Xl54y!
ZGVKYJKRGIUTTK^OUT(: :U[XTK`RKHU[ZUTVU[XYªRKIZOUTTKXR
[TKJKYOIµTKY(: (:(:(:6XKTK`(:VGX K^KSVRK 'VVGOXGMK :U[XTK`RKHU[ZUTVU[XYªRKIZOUTTKX(:GVV[_K`Y[XRKHU[ZUTKZSGOTZKTK`RK KTLUTIª!R
ªIXGTGLLOINK(:6GOXOTMOTJOW[GTZW[
ORKYZKTZXªJGTYR
ªZGZJ
GVVGOXGMK! 2OGOYUT :U[XTKXRKHU[ZUTVU[XYªRKIZOUTTKX(:!GVV[_KXHXO©\KSKTZY[XRKHU[ZUTKZR
ªIXGT GLLOINK(:2OTQOTMOTJOW[GTZW[
ORKYZKTZXªJGTYR
ªZGZJKIUTTK^OUT!
(:IUTTK^OUTG\KIJKYZU[INKYIUSHOT§KY 'VVGOXGMK 'VV[_K`Y[XT
OSVUXZKW[KRRKIUSHOTGOYUTJKZU[INKY,4'@+LKZSGOTZKTK`RG KTLUTIªKVKTJGTZZXUOYYKIUTJKYVGXK^KSVRKGVV[_K`RUTM[KSKTZY[X,T'R
ªIXGTGLLOINK(: 6GOXOTMOTJOW[GTZW[KR
GVVGXKORKYZKTZXªKTSUJKJ
GVVGOXGMKSUJKJ
GVVGOXGMK 2OGOYUT  'VV[_K` HXO©\KSKTZ Y[X ,4'  @  + VGX K^KSVRK GVV[_K` HXO©\KSKTZ Y[X ,T'R
ªIXGTGLLOINK(:2OTQOTMOTJOW[GTZW[KR
GVVGXKORKYZKTZXªKTSUJKROGOYUT
5[\XK`(:JK\UZXK6)GVVGXKORSUHORKKZ8KINKXINK`RKIRG\OKX)UTTKIZK`\U[YG\KIRKTUS 
'VX©YG\UOXZKXSOTªRGIUTTK^OUTR
ªIXGTXK\OKTZG[ZUSGZOW[KSKTZ¡R
OTZKXLGIKVXOTIOVGRK
*KS«SKXªVªZK`RKYªZGVKYIOJKYY[YVU[XSªSUXOYKXMXU[VKYJKVªXOVNªXOW[KY(:

(: (: (:

8GVVKR G\GTZJKVXUIªJKX¡R
ªINGTMK\K[ORRK`LUXSKX MXU[VKYJK(:¡R
G\GTIKMXU[VKYJK(:¡R
G\GTIK



)544+):/</:R
OTZKXX[VZK[XRGZªXGRKYZVUYOZOUTTªY[Xl54y! +ZGVKYJKRGROGOYUT- 'VV[_K`Y[XRKHU[ZUTVU[XKTZXKXJGTYRKSKT[RKHU[ZUTYªRKIZOUTTK-3UJK 6XKYY ZNK QTUH YNUXZR_ ZNK QK_HUGXJ Y]OZINKJ ZU - SUJK GTJ ZNK JOYVRG_ YIXKKT YNU]Y- 2OTQOTMOTJOIGZOTMZNGZOZNGYKTZKXKJZNKIUTTKIZOUTYZGZK! /ZJOYVRG_Y-9[IIKYYUTIKZNKIUTTKIZOUTOYY[IIKYYL[RGTJG[ZUSGZOIGRR_HGIQZU.USKYIXKKT -6GOXOTM9ZKVY RKHU[ZUTYªRKIZOUTTK-3UJK 6XKYYGTJNURJZNKQTUHGTJZNKJOYVRG_YNU]Y-6GOXOTMVR[MOTZNK-JUTMRK /ZJOYVRG_Y-9[IIKYYUTIKZNKIUTTKIZOUTOYY[IIKYYL[RGTJG[ZUSGZOIGRR_HGIQZU.USKYIXKKT
)544+>/54-'<+)*+9:5;).+9)53(/4+9 R
OTZKXX[VZK[XRGZªXGRKYZVUYOZOUTTªY[Xl54y! )UTTK^OUT-G\KIRKYZU[INKYIUSHOT§KY 'VV[_K` Y[X ,46 KZ SGOTZKTK`RKY KTLUTIªKY VKTJGTZ  YKIUTJKY VU[X KTZXKX JGTY RK SUJK JK IU[VRGMK-2
ªIXGTGLLOINK-6GOXOTM /TYªXK`RKXªIKVZK[XKZR
ªIXGTGLLOINKXG-9[IIKYYIKW[OYOMTOLOKW[KRGIUTTK^OUTKYZXª[YYOK 8GVVKRGSOIGR R
GVVGOXGMKKYZKLLKIZ[ªKT[YOTKORT
KYZVGYTªIKYYGOXKJKR
KLLKIZ[KX¡ TU[\KG[
@UTKJKYZUIQGMKJ[JUTMRK-


,54):/544+3+4:*+9:5;).+9*+,54):/54*+2
',,/).'-+

..3399 ??33** (:
8§MRGMKJ[\UR[SK
=OT2UIQ
3UJKI HR§

)GVY2UIQ =OTSUJK -

4[S2UIQ 3GISUJK (:

'II[KOR3OYKKTVGMK2GTM[K
2
ªIXGTVXOTIOVGRVK[Z«ZXKXªMRªY[X 6XOTIOVGR /TZKXLGIKZKSVUXKRRK /SGMK-/,VKXYUTTGROYGHRKG\KIVXOYKKTINGXMKJ[VORUZK )NGTMKSKTZJKVXªYKTZGZOUT =OT3GI 9ªRKIZOUTJKRGRGTM[K 'TMRGOY)NOTUOY +LLKZYJKX§ZXU§IRGOXGMK6GXGS¦ZXKYJKIU[RK[X 9ªRKIZOUTTK`+LLKIZKZGVV[_K`Y[XRKHU[ZUT ;ZOROYK`RKHU[ZUTVU[XINUOYOXJOLLªXKTZYKLLKZYJKXªZXUªIRGOXGMK 9ªRKIZOUTTK`)URU[XKZGVV[_K`Y[XRKHU[ZUT ;ZOROYK`RKHU[ZUTVU[XINUOYOXJOLLªXKTZKYIU[RK[XYJKXªZXUªIRGOXGMK 8§MRGMKYJKRGR[SOTUYOZ§KZJKRG\OZKYYKJ[X§ZXU§IRGOXGMK 9ªRKIZOUTTK`(XOMNZTKYYKZGVV[_K`Y[XRKHU[ZUT ;ZOROYK`RKHU[ZUTVU[XXªMRKXRGR[SOTUYOZªJ[XªZXUªIRGOXGMK 9ªRKIZOUTTK`9VKKJKZGVV[_K`Y[XRKHU[ZUT ;ZOROYK`RKHU[ZUTVU[XXªMRKXRG\OZKYYKJKR
KLLKZJKXªZXUªIRGOXGMK


8-2'-+96+89544'2/99*;8:85)2'/8'-+
ZGVK'VV[_K`Y[X,TVU[XVKXYUTTGROYKXRKXªZXUªIRGOXGMK ZGVK'VV[_K`Y[X,T(GIQVU[XKTZXKXJGTYRKSUJKJ
KTXKMOYZXKSKTZJ[XªZXUªIRGOXGMK RUXYW[KRKXªZXUªIRGOXGMKJ[IRG\OKXY
ªZKOTZIKRGYOMTOLOKW[KRKXªZXUªIRGOXGMKIUSSKTIK ¡KTXKMOYZXKX ZGVK'VV[_K`Y[XRGZU[INKW[K\U[YYU[NGOZK`VKXYUTTGROYKXKZXªVªZK`R
ªZGVK ZGVK2UXYW[K\U[YG\K`ZKXSOTªGVV[_K`¡TU[\KG[Y[X,T(GIQVU[XKTXKMOYZXKXRKY VGXGS©ZXKYKZW[OZZKXRKSUJKJ
KTXKMOYZXKSKTZVGXXªZXUªIRGOXGMK

)54:82+*;8:85)2'/8'-+

,4 ,4 ,4 ,4 ,4! ,4v ,4=OT
,4YVGIKHGX

+IRGOXIOXRGIU[RK[X 'ZZªT[KXRGIU[RK[X 8GRKTZOXRGIU[RK[X 'IIªRªXKXRGIU[RK[X )NGTMKXRKIU[RK[XJ[XªZXUªIRGOXGMK +TZXKXRKSUJKJ[XªZXUªIRGOXGMK <KXXU[ORRKXRGZU[INK=OT 3GOTZKTK`RGVXKYYOUTVKTJGTZYKIUTJKYVU[X XKYZG[XKXRKYVGXGS©ZXKYJ
[YOTK

:5;).+9*+,54):/5496)/'2+9

,49[VVX ,45XOM ,46M6X
,4 ,4 ,47 ,49

'XX«ZJKLOR ,OT 6G[YK'ZZT /SVXªIXGTY_YZ /TYKX (GYI[RKXKTSUJKY_YZ©SK=OTJU]Y (GYI[RKXKTSUJKY_YZ©SK3GI



:5;).+3;2:/3*/'65;82+9?9:3+*+=/4*5=9

+TSUJK=OTJU]Y,47 (GYI[RKXKTSUJKY_YZ©SK]OTJU]Y

,4, ,4, ,4, ,4, ,4, ,4, ,4, ,4, ,4, ,4, ,4, ,4,

5XJOTGZK[X (XU]YKX (U¯ZKG[^RKZZXKYªRKIZXUTOW[KY )GRI[RGZXOIK 3[YOW[K 'XX©ZKX *KXTO©XKINGTYUT 0U[KXSKZZXKKTVG[YK )NGTYUTY[O\GTZK 3[KZ *OSOT[KXRK\UR[SK '[MSKTZKXRK\UR[SK

:5;).+3;2:/3*/'65;82+9?9:3+*+3') 6XKYYKX,49KTY_YZ©SKJK3GI (GYI[RKXKTSUJKY_YZ©SKSGI

,4, ,4, ,4, ,4, ,4, ,4, ,4, ,4, ,4, ,4,

*OSOT[ZOUTJK2G2[SOTUYOZªJKR
ªIXGT '[MSKTZGZOUTJK2G2[SOTUYOZªJKR
ªIXGT *OSOT[ZOUTJK2G2[SOTUYOZªJ[XªZXUªIRGOXGMKJ[IRG\OKX '[MSKTZGZOUTJK2G2[SOTUYOZªJ[XªZXUªIRGOXGMKJ[IRG\OKX *KXTO©XKINGTYUT 0U[KXSKZZXKKTVG[YK )NGTYUTY[O\GTZK 3[KZ *OSOT[KXRK\UR[SK '[MSKTZKXRK\UR[SK

:ªRªINGXMKXR
GJXKYYKJ[VORUZK KTXQMGSOTMIUSJU]TRUGJ 

3'4;+22+@+/:+/49:+22;4-

,ºNXKT9OKJOKLURMKTJKT5VKXGZOUTKTG[L JKX@KOZNG[VZYINTOZZYZKRRKG[Y

..3399 ??33**

.GRZKT9OKJKT1TUVLIG9KQ[TJKTRGTMMKJX½IQZHOYJOK0GNXKY`GNR`[HROTQKTHKMOTTZ[TJ9OK OTJKTSGT[KRRKT+OTYZKRRSUJ[YMKRGTMKT!SOZJKS*XKNQTUVL]KXJKTJOK@GNRKTKOTMKYZKRRZ OS ;NX`KOMKXYOTTKXN·NZMKMKTJKT;NX`KOMKXYOTT\KXXOTMKXZ
*KT1TUVLQ[X`JX½IQKT[SJGY*GZ[S0033::H`]JOK;NX`KOZ..3399KOT`[YZKRRKT JKX*XKNQTUVLYZKRRZJOK@GNRKTKOT OS;NX`KOMKXYOTTKXN·NZMKMKTJKT;NX`KOMKXYOTT\KXXOTMKXZ
4GINJKX+OTYZKRR[TMJX½IQKT9OKKXTK[Z9KQ[TJKTRGTM[S`[YVKOINKXT[TJ`[HKKTJKTUJKX JX½IQKT9OKQ[X`,T:[S`[YVKOINKXT[TJ`[HKKTJKT

1456,,;41:/54

1GROHXOKX[TMJKX2G[ZYZ¢XQK

<UR[SK

=KTTJOK2G[ZYZ¥XQKGT`KOMKGHTUXSGROYZ]OXJYOKTGIN

JKSLLTKTJKY:XKOHKXYG[ZUSGZOYINQGROHXOKXZ 'JXKYYKLºXJKT:XKOHKX*U]TRUGJ ]]]XQMGSOTMIUS

1TUVL,[TQZOUT

2G[ZYZ¥XQKXKMRKXTGINJKS+OTYINGRZKTYZGTJGXJS¥ OM

/S;NX`KOMKXYOTT 2G[ZYZ¥XQK

-KMKTJKT;NX`KOMKXYOTT 2G[ZYZ¥XQK

*X½IQKT9OKQ[X`G[LJKT1TUVL[SJGY+OTYZKRR[TMYSKT½G[L`[X[LKTJX½IQKT9OKQ[X`G[L

JOK51,[TQZOUT

;9(35*;9 :_VK)/TZKXLG` :_VK).;(

9INROK KT9OKJGY;9(1GHKRGTJX½IQKT9OKJKT1TUVL[S JGY 3KT½ G[L`[X[LKT! G[L JKS *OYVRG_ ]OXJ;9( 3UJ[Y G[YMK]¥NRZ[TJG[LJKS*OYVRG_]OXJ;9(+XLURM  9ZKIQKT 9OK JGY ;9(1GHKR KOT! JX½IQKT 9OK Q[X` ,48 [SOTJKTQGHKRMKH[TJKTKT3UJ[Y`[]KINYKRT


(:<+8(/4*;49ZKRRKT9OKJKT9INGRZKXG[L54
1TUVL(:<KXHOTJ[TM3KZNUJK 1TUVL]¥NRKT(:(:(:9_SHURKOTKHKROKHOMK-X[VVK\UT(:JOK 6GGX[TM `(1TUVL]¥NRKT(:!RGTMKY*X½IQKTJKY1TUVLKYJGY*OYVRG_`KOMZ(:6GGX[TM JGYNGZJKT6GOXOTM9ZGZ[YKOTMKMKHKT! <KXHOTJ[TM `[S(KOYVOKR]¥NRKT9OK(:!JX½IQKT9OKQ[X`JKT1TUVLJGY*OYVRG_`KOMZ(: <KXHOTJ[TMKYHKJK[ZKZJGYY9OKJKT(GIQROTQ9ZGZ[YKOTMKMKHKTNGHKT!
(:IUTTKIZOUT]OZNIUSHOTGZOUTQK_Y 6GGX[TM .GRZKT9OKKOTKHKROKHOMK1USHOTGZOUT\UT,47=+JXKO9KQ[TJKTRGTMMKJX½IQZ `(RGTMKY*X½IQKT\UT,T7'[LJKS(ORJYINOXSKXYINKOTZJOK'T`KOMK(:6GGX[TMJOK GT`KOMZJGYYJGY-KX¥ZOTJKT6GOXOTM3UJ[YHKLOTJKZ <KXHOTJ[TM *X½IQKT9OKQ[X`,47=+`(Q[X`,T7G[LJKS*OYVRG_KXYINKOTZ(: <KXHOTJ[TM]GYGT`KOMZJGYYJGY-KX¥ZOTJKT1UVVR[TMYSUJ[Y½HKXMKMGTMKTOYZ
9[INKT9OKTGINJOKYKX:GYZGZ[XG[LJKS(:JKY-KX¥ZY[TJYZKRRKT9OKKOTK<KXHOTJ[TMSOZJKS 4GSKTJKX9[INGT`KOMKNKX 
4GIN'HYINR[YYJKX<KXHOTJ[TMQKNXZJGY*OYVRG_G[ZUSGZOYIN`[X.G[VZYINTOZZYZKRRK`[X½IQ
=OKJKXNURKT9OKJOKUHOMKT9INXOZZK[S-X[VVKT\UT(:-KX¥ZKT`[YVKOINKXT

(: (: (:

@[X+XOTTKX[TM <UXJKS;SYINGRZKTHOZZK -X[VVKT\UT(:OS<UXG[Y



-)544+):/54 9ZKRRKT9OKJKT9INGRZKXG[L54 -<KXHOTJ[TM9INXOZZK *X½IQKT9OKJKT1TUVL[SOTJGY3KT½G[L`[X[LKTJKX1TUVL]¥NRZ-3UJ[Y  TJKXT 9OK  JGY :GYZKTLKRJ G[L - '[L JKS (ORJYINOXS KXYINKOTZ- <KXHOTJ[TM [S GT`[`KOMKTJGYYJOK<KXHOTJ[TM]OKJKXNKXMKYZKRRZ][XJK! -6GGX[TM9INXOZZK *KX1TUVL]¥NRZJKT-3UJ[Y *X½IQKT9OKJKT*XKNQTUVL[TJG[LJKS(ORJYINOXSKXYINKOTZ-6GGX[TM+SVL¥TMKXKOTRKMKT! *GY)UJKVGGXOYZKXLURMXKOIN(ORJYINOXSKXYINKOTZ-+XLURM@[X½IQ`[X.G[VZYINTOZZYZKRRKGT
-'49).2;993/:153(/4':/549:'9:+4 9ZKRRKT9OKJKT9INGRZKXG[L54 1USHOTGZOUTJKX-<KXHOTJ[TMYSKZNUJK 9KQ[TJKTRGTM,T6JX½IQKT[SJGY-6GGX[TMKOT`[MKHKTJGY*OYVRG_`KOMZ-6GGX[TM GT JKT +SVL¥TMKX KOTYZKIQKT JGY *OYVRG_ `KOMZ- +XLURM  GT JGY NKO Z JKX 6GOXOTM )UJK OYZ KXLURMXKOIN @[X+XOTTKX[TM +OTK]KXQYKOZOMK1UVVR[TMKXLUXJKXZQKOTKKXTK[ZK1UVVR[TM
-9VKOINKXHKXKOIN


3'4;+22+@+/:+/49:+22;4-

..3399 ??33**
(:

2G[ZYZ¢XQK

)GVY2UIQ

4[S2UIQ

=OT2UIQ
1GHKRMKH[TJKTKX 3UJ[Y

=OT3UJ[Y -

3GI3UJ[Y (:

9ZGXZYKOZK2G_U[Z9VXGINK
*KX.G[VZHORJYINOXSQGTTG[L .G[VZGTYOINZ @KOZ 'TVGYYHGXK-/,(ORJKX:XKOHKX[TZKXYZ[Z`Z 2G_U[Z =OT3GI 9VXGINK +TMROYIN*K[ZYIN .OTZKXMX[TJHKRK[INZ[TMYSUJ[Y,GXHKOTYZKRR[TMKT =¥NRKT9OKJKT+LLKQZ*X[IQQTUVL[SJKT .OTZKXMX[TJHKRK[INZ[TMYKLLKQZG[L`[X[LKT*XKNKT9OKJKT8KMRKX[SJKT .OTZKXMX[TJHKRK[INZ[TMYKLLKQZG[Y`[]¥NRKT =¥NRKT9OKJGY,GXHK*X[IQQTUVL<KX]KTJKT9OKJKT1TUVL[SKOTKGTJKXK .OTZKXMX[TJHKRK[INZ[TMYLGXHK`[]¥NRKT .KRROMQKOZ-KYIN]OTJOMQKOZJKX.OTZKXMX[TJHKRK[INZ[TM =¥NRKT9OKJGY.KRROMQKOZ*X[IQQTUVL<KX]KTJKT9OKJKT1TUVL[SJOK .KRROMQKOZJKX.OTZKXMX[TJHKRK[INZ[TMKOT`[YZKRRKT =¥NRKT9OKJGY-KYIN]OTJOMQKOZ*X[IQQTUVL<KX]KTJKT9OKJKT1TUVL[SJOK -KYIN]OTJOMQKOZJKY.OTZKXMX[TJHKRK[INZ[TMYKLLKQZYKOT`[YZKRRKT



(+4;:@+8*+,/4/+8:+./4:+8-8;4*(+2+;).:;4-
9INXOZZ*X½IQKT9OK,T[SJOK.OTZKXMX[TJHKRK[INZ[TMKOT`[YZKRRKT 9INXOZZ*X½IQKT9OK,T(GIQ[SJKT'[LTGNSKSUJ[YL½XJOK.OTZKXMX[TJHKRK[INZ[TM G[L`[X[LKT]KTTJOK:GYZGZ[XHKRK[INZ[TMG[Y`KOMZGTJGYYJOK .OTZKXMX[TJHKRK[INZ[TMSOZJKX'[LTGNSKHKMOTTZ 9INXOZZ*X½IQKT9OKJOK:GYZKTJOK9OKGTVGYYKTS·INZKT[TJ]OKJKXNURKT9OK9INXOZZ 9INXOZZ=KTT9OKLKXZOMYOTJJX½IQKT9OKKXTK[Z,T(GIQ[SJOK+OTYZKRR[TMKT`[YVKOINKXT [TJJKT.OTZKXMX[TJHKRK[INZ[TMY'[LTGNSKSUJ[Y

9:+;+8;4-*+8./4:+8-8;4*(+2+;).:;4-

,4 ,4 ,4 ,4 ,4 ,4Bb ,4=OT
,4YVGIKHGX

.KRROMQKOZJKX.OTZKXMX[TJHKRK[INZ[TM .KRROMQKOZJKX.OTZKXMX[TJHKRK[INZ[TM -KYIN]OTJOMQKOZJKX.OTZKXMX[TJHKRK[INZ[TM -KYIN]OTJOMQKOZJKX.OTZKXMX[TJHKRK[INZ[TM 9]OIN.OTZKXMX[TJHKRK[INZ[TM3UJ[Y (GIQROMNZ3UJK9]OZINOTM =/4:GYZK9VKXXKT ;SYINGRZKT`]OYINKT9KINY:GYZKT8URRU\KX[TJ ,[RR1K_8URRU\KX

@=+/:+:'9:+4153(/4':/54,;41:/549:'9:+4

,4+TZL ,46UY ,4(ORJ
,4 ,4 ,4' ,49

8URRKT +TJK 6G[YK *X[IQ +OTLM ;SYINGRZKT`[S=OTJU]Y9_YZKS ;SYINGRZKTG[L3GI9_YZKS



3;2:/3+*/':'9:+,8=/4*5=9 =OTJU]YY_YZKS,T' =KINYKR`[S=OTJU]YY_YZKS

,4, ,4, ,4, ,4, ,4, ,4, ,4, ,4, ,4, ,4, ,4, ,4,

)USV[ZKX (XU]YKX (XOKLQGYZKT )GRI[RGZUX 8KINTKX .·XG[L 2KZ`ZKX9UTM =OKJKXMGHK6G[YK 4¥INYZKX9UTM 8[NK (GTJ (GTJ

3;2:/3+*/':'9:+,83')

3')9_YZKS,T9 G[L3')9_YZKS]KINYKRT

,4, ,4, ,4, ,4, ,4, ,4, ,4, ,4, ,4, ,4,

(ORJYINOXSNKRROMQKOZ (ORJYINOXSNKRROMQKOZ .KRROMQKOZJKX.OTZKXMX[TJHKRK[INZ[TMJKX:GYZGZ[X .KRROMQKOZJKX.OTZKXMX[TJHKRK[INZ[TMJKX:GYZGZ[X 2KZ`ZKX9UTM =OKJKXMGHK6G[YK 4¥INYZKX9UTM 8[NK (GTJ (GTJ

:XKOHKXNKX[TZKXRGJKT'JXKYYK KTXQMGSOTMIUSJU]TRUGJ 

)54,/-;8')/4*+:/+3653'4;'2

8KGROIKRGYYOM[OKTZKYUVKXGIOUTKYKTRG OTZKXLG`VXOTIOVGRJKZOKSVU

..3399 ??33**

3GTZKTMGVXKYOUTGJURGVKXORRGJ[XGTZK[TUYYKM[TJUYNGYZGW[KKRG²UIUSOKTIKGVGXVGJKGX _OTMXKYKGRSUJUJKGP[YZKSGT[GR!-OXKRGVKXORRGVGXGGP[YZGXKRT»SKXU G[SKTZGKTYKTZOJUJK RGYGM[PGYJKRXKRUP_JOYSOT[_KKTYKTZOJUIUTZXGXOUGRGYGM[PGYJKRXKRUP
6XKYOUTK RG VKXORRG IUXZG VGXG GP[YZGX RG LKING ??33** _ RG NUXG ..3399 XKYVKIZO\G SKTZK!*KRSOYSUSUJUMOXKRGVKXORRGVGXGGP[YZGXKRT»SKXU G[SKTZGKTYKTZOJUJKRGYGM[PGYJKR XKRUP_JOYSOT[_KKTYKTZOJUIUTZXGXOUGRGYGM[PGYJKRXKRUP
;TG\K`IUSVRKZGJGRGIUTLOM[XGIO´TVXKYOUTK_VXKYOUTKYKM[TJUYT[K\GSKTZKVGXGM[GXJGX_ YGROXUVXKYOUTKIUXZU,T:VGXGM[GXJGX_YGROXX¢VOJGSKTZK

,;4)/4*+6+8/22'

)GROHXGIO±TJK\UR[SKT

<UR[SK

9OKR\UR[SKTS[KYZXGIUSVUXZGSOKTZUGTUXSGRYK

IGROHXGX¢G[ZUS¢ZOIGSKTZKGRGHXOXKRIUTZXURGJUX *OXKIIO±TJKJKYIGXMGJKRIUTZXURGJUX 

]]]XQMGSOTMIUS

,[TIO±TJKVKXORRG

+RGP[YZKJK\UR[SKTVXKJKZKXSOTGJUJKYV[ªYJKRKTIKTJOJU

+TYKTZOJUNUXGXOU <UR[SKT

+TYKTZOJUGTZONUXGXOU <UR[SKT

6XKYOUTKHXK\KSKTZKRGVKXORRGVGXGGIIKJKXGRSKT»JKIUTLOM[XGIO´T6XKYOUTKHXK\KSKTZK

VGXGIUTLOXSGXRGL[TIO´T

)54+>/4658)'(2+

:_VK)IUTKIZUX :_VK).;(

 /TYKXZK KR IGHRK ;9( _ VXKYOUTK RG VKXORRG VGXG OTMXKYGX GR SKT»! +R 3UTOZUX YKRKIIOUTG KR3UJU ;9( _ KR SUTOZUX S[KYZXG)UTK^O±T;9(K^OZUYG  /TYKXZK KR IGHRK [YH! 6XKYOUTK ,48KT IUXZU VGXG IGSHOGXGRSUJUJKIGHRK


)54+>/4(: +ROTZKXX[VZUXYKSGXIGGRKYZGJU54
3§ZUJUJKIUTK^O±TJKVKXORRG(: 6XKYOUTKRGVKXORRGVGXGOTMXKYGXGRSKT»YKRKIIOUTKKR®IUTU(:(:(:IUTRGVKXORRGI[GR W[OKXIUTP[TZUJK(: +SVGXKPGSOKTZU IUSU YKRKIIO´T JK VKXORRG(:!6XKYOUTK RGXMGSKTZK RG VKXORRG  RG VGTZGRRG JK \OY[GRO`GIO´T+SVGXKPGSOKTZU(:OTJOIGW[KYKNGOTZXUJ[IOJUKRKYZGJUJKKSVGXKPGSOKTZU! )UTK^O±T IUSUYKRKIIO´TJKVKXORRG(:!6XKYOUTKRGXMGSKTZKRGVKXORRGRGVGTZGRRGJK\OY[GRO`GIO´T )UTK^O±T(:OTJOIGW[KYKNGKTZXGJUKTKRKYZGJUJKXKIUTK^O´T!
)UTK^O±T(:IUTIUSHOTGIO±TJKZKIRGY +SVGXKPGSOKTZU 6[RYGIO´TRGXMG,47=+GRSUJUJKKSVGXKPGSOKTZUVUXKPKSVRUV[RYGTJU VXURUTMGJGSKTZK,T7RGVGTZGRRGSUYZXGX¢+SVGXKPGSOKTZU(:OTJOIGTJUW[KKRJOYVUYOZO\U NGKTZXGJUKTSUJUJKKSVGXKPGSOKTZU )UTK^O±T  6[RYK HXK\KSKTZK ,47=+ VUX KPKSVRU V[RYK HXK\KSKTZK ,T7  RG VGTZGRRG SUYZXGX¢)UTK^O±T(:OTJOIGTJUW[KKRJOYVUYOZO\UNGKTZXGJUKTSUJUJK\OTI[RGIO´T
'HXG RG IUSV[ZGJUXGZKRªLUTU S´\OR (: H[YW[K _ IUTKIZK KR JOYVUYOZO\U H[YW[K KR TUSHXK S[KYZXG 
;TG\K`LOTGRO`GJGRGIUTK^O´TRGVGTZGRRG\UR\KX¢G[ZUS¢ZOIGSKTZKGRGOTZKXLG`VXOTIOVGR
*KRSOYSUSUJUXKVOZGRUYVGYUYGTZKXOUXKYVGXGGRSGIKTGXMX[VUYJKJOYVUYOZO\UY(:

(: (: (:

8KIUXJGZUXOU GTZKYJKIGSHOGXVUXLG\UXKSVGXKPK MX[VUYJK(:IUTGTZKRGIO´T



)54+>/4*++ROTZKXX[VZUXYKSGXIGGRKYZGJU54 3§ZUJUJKIUTK^O±T- 6[RYKKRSGTJUVGXGKTZXGXKTKRSKT»KRSGTJUYKRKIIOUTG3UJU- 6[RYKHXK\KSKTZKKRSGTJUKRZKIRGJUIGSHOGX¢GRSUJU-_RGVGTZGRRGSUYZXGX¢+TRGIK- OTJOIGTJUW[KNGKTZXGJUKTKYZGJUJKIUTK^O´T! 3[KYZXG )UTK^O±T - K^OZUYG [TG \K` W[K RG IUTK^O´T YK NG XKGRO`GJU IUT ª^OZU _ \[KR\K G[ZUS¢ZOIGSKTZKGRGVGTZGRRGJKOTOIOU 3§ZUJUJKKSVGXKPGSOKTZU- +RSGTJUYKRKIIOUTG3UJU-6XKYOUTGRGVKXORRGRGVGTZGRRGS[KYZXG+TRGIK-OTYKXZGX KRXKIKVZUX! 9KS[KYZXG)UTK^O±T-K^OZUYG[TG\K`W[KRGIUTK^O´TYKNGXKGRO`GJUIUXXKIZGSKTZK_\[KR\K G[ZUS¢ZOIGSKTZKGRGVGTZGRRGJKOTOIOU
-)54+>/4)54:+)2'*+)53(/4')/4 +ROTZKXX[VZUXYKSGXIGGRKYZGJU54 )USHOTGIO±TJKZKIRGY3§ZUJUJKKSVGXKPGSOKTZU- 6XKYOUTK J[XGTZK  YKM[TJUY ,T 6 VGXG OTMXKYGX G -RG VGTZGRRG SUYZXGX¢ +SVGXKPGSOKTZU -OTYKXZGXKRXKIKVZUX!+YJKIOXKRIUJOLOIGJUL[KK^OZUYU /TYKXZK KR XKIKVZUX _ RG VGTZGRRG SUYZXGX¢ )UTK^O±T - K^OZUYG RU W[K YOMTOLOIG W[K YK NG IUTKIZGJUIUXXKIZGSKTZK 8KIUXJGZUXOU YKNGKSVGXKPGJUI[GTJUYGRKJKL¢HXOIGTUKYTKIKYGXOUKSVGXKPGX T[K\GSKTZK
XKGJKGRSGIKTGSOKTZU-


56+8')/4*+:+)2'*+,;4)/46'4:'22'

..3399 ??33**
(:

<UR[SKT =OT2UIQ 3UJUIGHRKGJU

(RUW3G_¸Y 3UJU=OT -

4[S2UIQ 3UJU3GI (:

9KRKIIO±TJKOTZKXLG`)GSHOUJKJOYK¯U/JOUSG
9KV[KJKIUTLOM[XGXRGVGTZGRRGJKOTOIOUKT /TZKXLG`VXOTIOVGR /TZKXLG`JKZOKSVU /SGMKT-/,VKXYUTGRO`GHRKIUTZXURGJUXJKYUVUXZK )GSHOUJKJOYK²U =OT3GI /JOUSG /TMRKY+YVG²UR 3UJUJKXKZXUOR[SOTGIO±TGP[YZKJKIURUX 9KRKIIOUTKKR+LKIZUV[RYKKRSGTJUVGXGKTZXGXKTKRKLKIZUJKXKZXUOR[SOTGIO´T -OXKKRSGTJUVGXGYKRKIIOUTGXKRKLKIZUJKXKZXUOR[SOTGIO´T 9KRKIIOUTKKR)URUXJKRGR[`V[RYKKRSGTJUVGXGKTZXGXKTKRIURUXJKRG XKZXUOR[SOTGIO´T-OXKKRSGTJUVGXGYKRKIIOUTGXUZXUIURUXJKXKZXUOR[SOTGIO´T 'P[YZKJKRHXORRU\KRUIOJGJJKRGXKZXUOR[SOTGIO±T 9KRKIIOUTKKR(XORRUV[RYKKRSGTJUVGXGKTZXGXKTKRHXORRUJKRG XKZXUOR[SOTGIO´T-OXKKRSGTJUVGXGYKRKIIOUTGXKRHXORRUJKRGXKZXUOR[SOTGIO´T 9KRKIIOUTKRG<KRUIOJGJV[RYKKRSGTJUVGXGKTZXGXKTRG\KRUIOJGJJKRG XKZXUOR[SOTGIO´T-OXKKRSGTJUVGXGYKRKIIOUTGXJOLKXKTZKY\KRUIOJGJKYJK XKZXUOR[SOTGIO´T


)540;4:5*+8+:85/2;3/4')/46+8954'2/@'*'
6GYU6[RYK,TVGXGVKXYUTGRO`GXRGR[`JKLUTJU 6GYU6[RYK,T(GIQ+TZXKKTKRSUJUJKMXGHGIO´TJKRGXKZXUOR[SOTGIO´TI[GTJURG XKZXUOR[SOTGIO´TJKRZKIRGJUKYZªGVGMGJG/TJOIGW[KRGXKZXUOR[SOTGIO´TKSVOK`GG MXGHGX 6GYU6[RYKRGYZKIRGYW[KJKYKKVKXYUTGRO`GX_XKVOZGKRVGYU 6GYU)[GTJUNG_GZKXSOTGJUV[RYGTJU,T(GIQJKT[K\UM[GXJGX¢RUYGP[YZKY_YGRJX¢ JKRSUJUJKMXGHGIO´TGIUTZXGR[`

)54:852*+8+:85/2;3/4')/4

,4 ,4 ,4 ,4 ,4 ,4c ,4=OT
,4YVGIKHGX

(XORRUJKRG2[`JK,UTJU (XORRUJKRG2[`JK,UTJU <KRUIOJGJJKRG2[`JK,UTJU <KRUIOJGJJKRG2[`JK,UTJU )GSHOGX)URUXJKRG2[`JK,UTJU )GSHOGX3UJUJKRG2[`JK,UTJU =OTJU]Y2UIQ 3GTZKTMGV[RYGJUJ[XGTZKZXKYYKM[TJUYVGXG XKYZG[XGX'P[YZKYJKL¢HXOIG

:+)2'9*+,;4)/4*+)53(/4')/49+)54*'+?

,49[VX ,4/TOIOU ,48KV¢M
,4 ,4 ,4' ,49

(RUW*KYVR ,OT 6G[YK/TZKX /SVX6GTZ /TY )GSHOUGYOYZKSG=OTJU]Y )GSHOGXGYOYZKSG3GI



)2'<+3;2:/3+*/'6'8'=/4*5=9 =OTJU]YY_YZKS,T' IGSHOGXGRYOYZKSGJK=OTJU]Y

,4, ,4, ,4, ,4, ,4, ,4, ,4, ,4, ,4, ,4, ,4, ,4,

5XJKTGJUX 4G\KMGJUX ([`´T )GRI[RGJUXG 8KVXUJ[IZUX *KZKTKX )GTIO´T'TZKXOUX 8OVXUJ[IOX6G[YGX )GTIO´T9OM[OKTZK 9ORKTIOGX <UR[SKT <UR[SKT

)2'<+3;2:/3+*/'6'8'3')

3')Y_YZKS,T9 IGSHOGXGRYOYZKSGJK3GI

,4, ,4, ,4, ,4, ,4, ,4, ,4, ,4, ,4, ,4,

(XORRUJKRGVGTZGRRG (XORRUJKRGVGTZGRRG (XORRUJKRGXKZXUOR[SOTGIO´TJKZKIRGJU (XORRUJKRGXKZXUOR[SOTGIO´TJKZKIRGJU )GTIO´T'TZKXOUX 8OVXUJ[IOX6G[YGX )GTIO´T9OM[OKTZK 9ORKTIOGX <UR[SKT <UR[SKT

*OXKIIO´TJKRIUTZXURGJUXJKJKYIGXMG KTXQMGSOTMIUSJU]TRUGJ 

6.'?):'.5(1'(6+3+.3

 

..3399 ??33**

.G            VKU                 
. _    33  33))'        U         
      :    ,T:   

.161

1

<UR[SK

+



KVG

3..1.'.(6'')+6+1':+ 6   .         V
65(5.5+51+.+

:_VK)  

:_VK).;(

;9( !;9( ;9( ;9(!,48 


(:
54
(: :U[XTK`RKHU[ZUTVU[XYªRKIZOUTTKXR
[TKJKYOIµTKY(: (:(:(:(:  (:! (: I           !      (:!       (:           !
(:  ,47=+ ,T7(:I   ,47=+,T7 (:
(:  

          (:

(: (: (:

  (:



 54
 -             -!     -   
 -           -      -   
 54  ,46 -      -       





..3399 ??33**
(:



)GVY2UIQ

4[S2UIQ

=OT2UIQ
 

=OTJU]Y 

3GI (:


   -/,  =OT3GI            




,T ,T(GIQ   ,T(GIQ 

6'(+.+)(+:1

,4 ,4 ,4 ,4 ,4" ,4Bb ,4=OT
,4YVGIKHGX

      =OTJU]Y2UIQ ) _KI

13.'.1.'.>1'(

,4*KR ,4.USK ,46M[V
,4 ,4 ,4' ,49

9IX21 +TJ 6G[YK 6XZ9I /TY KVKKKG=OTJU]Y KVKKKG3GI



=/4*5=9

=OTJU]Y,T' =OTJU]Y

,4, ,4, ,4, ,4, ,4, ,4, ,4, ,4, ,4, ,4, ,4, ,4,

           

3') 3'),T9 3')

,4, ,4, ,4, ,4, ,4, ,4, ,4, ,4, ,4, ,4,

         

 KTXQMGSOTMIUSJU]TRUGJ 





..3399 ??33**

             
<<00''++0066 
          )Q7    

 <UR[SK

         
ZZZUNJDPLQJFRP

    


:_VK) :_VK).;( 

86% 75$ 75$ 86%(0
4 


 54
(: 21%7(:(:(: %7   (:!      (:      (:!       (:    
 ,47=+)Q4 (:  ,47  =  +      ,T7       (: 
(:

%7

(: (: (:

 



) 54 ) ) *-  - ) ) -* -
) 54 ) ,46*-   -        
)



..3399 ??33** (:

=OT2UIQ 

)GVY2UIQ  -


   *,)  =OT3GI           


4[S2UIQ /CE (:



,T ,T(GIQ   ,T(GIQ


,4 ,4 ,4 ,4 ,4" ,4Bb ,4=OT ,4YVGIKHGX

      :LQGRZV/RFN 


,4*KR ,4.USK ,46M[V
,4 ,4 ,4' ,49

9IX21 6XZ9I 6G[YK 6XZ9I /TY  0DF


9+0&195

:LQGRZV)1$:LQGRZV

,4, ,4, ,4, ,4, ,4, ,4, ,4, ,4, ,4, ,4, ,4, ,4,

           

/#%

3'),49 3')

,4, ,4, ,4, ,4, ,4, ,4, ,4, ,4, ,4, ,4,

         

KTXQMGSOTMIUSJU]TRUGJ 

3'4;+29'':'?'8/

@GSGT'TG'XG_º`ºTJKQORKSRKX 

..3399 ??33**

?R_GTVY·TSK_KHGRG_GTGQGJGXJ½àSK_O_GQRGQYGTO_KHGYRZ[ZGXGQSGT[KRG_GXSUJ[TG MOXOT 9G_RGX G_GXRGSGQ O¨OT J½àSK_O J·TJ½X½T  'XZXSGQ O¨OT YGGZ _·T½TJK G`GRZSGQ O¨OT YGGZ _·T½T½TZKXYOTK
9XGY_RG:GXONO??33**\K9GGZO..3399G_GXRGSGQO¨OTJ½àSK_KHGYT(KT`KXKQORJK YG_RGXG_GXRGSGQO¨OTJ½àSK_OJ·TJ½X½T 'XZXSGQO¨OTYGGZ_·T½TJKG`GRZSGQO¨OTYGGZ_·T½T½T ZKXYOTK
'_GXRGXZGSGSRGJQZGTYUTXGQG_JKZSKQ\K¨QSGQO¨OTJ½àSK_OHOXQK`JGNGYGTO_KHGYRZ[Z[T 'RZKXTGZOLURGXGQN`RHOXKQORJKQG_JKZSKQ\K¨QSGQO¨OT,T:Z[RGXTGQYGHGYGHOROXYOTO`

*Ü3+,5419?54; <UR[SK

9KYYK\O_KYOQGROHXGY_UT[ 9KYYK\O_KYOM·YZKXMKYO_GTRYGY½X½I½G¨RJQZGTYUTXG UZUSGZOQURGXGQQGROHXKKJORKIKQZOX *XO\KXOTJOXSKROTQO ]]]XQMGSOTMIUS

:QRGTGHOROX1G_JXSG*ºÝSKYO -½¨G¨RJQZGTYUTXGYKYYK\O_KYOG_GX\GXYG_RGTGG_GXRGTX 9KYYK\O_KYOO¨OTYGGZ_·T½TJKJ·TJ½XSK 9KYYK\O_KYOO¨OTYGGZ_·T½T½TZKXYOTKJ·TJ½XSK '_GXRGXSKT½Y½TKMOXSKQO¨OTJ½àSK_KZQRG_T\KORKSOTO`OUTG_RGSGQO¨OTQYGHGYT

1'(252;35* :_VK)GXG_½` :_VK).;(

1UT[S[TGMKZOXOT;9(
_OZGQTQGHRUY[T[ZGQT SKT½_KMOXSKQO¨OTJ½àSK_KHGYT!KQXGTJG;9( 3UJKYK¨OROX\KKQXGTJG;9(9[IIKYY
;9(QGHRUY[T[ZGQT!QGHRUR[SUJGMK¨SKQO¨OT ,48Z[RGXTGQYGHGYT



7(6^
]7A,*7^,'A2


(> B7(N7
72
0^72B/
A,*7

..3399 ??33**

 &]= 0&= 7^ 
E,^,9 7:E$: 7N B0
] (5= A: (&9 (5#(9 5A H 7(A(&9 A7^ /C]> 0&7(
6 A,*7,^ 'A2
0&= &]= A#2< (6 
6 7] C'0&= 7&A&H 717A#2< (6 A#&9 B*50&= ,A&H 717A#2< (6 *
7&*7N 6 C'0&= &]= 7&A&H 717A#2< (6 A#&9 B*50&= ,A&H 717A#2< (6 *  &]= 0&= A#2< A *': E 
6 7] ,6 :??33** :A2< ,6 B*5A,*7..3399
,6 C&
7:,9 7:
0(2<  &]= )Q7A#2< 6 ; 7] B*5227C0&
6 A,*7EA^ 
] 6 A&2< 
6 7] A(': (2^ 'B*,^ D0^  &]= 0&= 7^ 
E,&^ 7,7] ,9 7A: #2< 6 ; 7] B*5227C0&
6 A,*7

$6
a
6]*>9 <UR[SK

7( (6A:'(56A/:'
 7^ 7(B/
!*(56A/:'
E&]> ^2
&6 5> (6A:'C' 26C&609 *6
796
B*5A 9 D
^
7E(aA,2(a
7,Ca 0*E(aA,2(aE^77
 ]]]XQMGSOTMIUS

=]&0&=B*9E^        

7(A
2< &]2BA/:'/7'
   .;(:_VK) :_VK)

86%  C0&;9( ;9(/8A(H 86%,48 


(:('Ü2'4:/9/ 'TGNZGX54QUT[S[TGG_GXRGTSZX
(:HGÝRGTZYGJSRGX 'MKZOXOT\K(:YOSMKRKXOTJKTNKXNGTMOHOXOTOYK¨SKQO¨OTJ½àSK_O¨K\OXOT (:(:(: XTKàOT(:
OGRT +RKZOXSK (:YK¨SKQO¨OTJ½àSK_O¨K\OXOT!J½àSK_OHGYRZ[Z[T\KKQXGTJGKRKZOXSK J[X[S[TGMOXJOàOTOM·YZKXKT(:6GOXOTM(:+RKZOXSKM·X½TZ½RKTOX! (GÝRGTZ (:OYK¨SKQO¨OTJ½àSK_O¨K\OXOT!J½àSK_KQYGHOXY½XKHGYT\KKQXGTJGHGàRGTZ J[X[S[TGMOXORJOàOTOM·YZKXKT(:2OTQOTM(:(GàRGT_UXM·X½TZ½RKTOX!
OLXKROGTGNZGXRGXRG(:HGÝRGTZY +RKZOXSK .KXNGTMOHOX,47=+YKZOTO½¨YGTO_KHU_[TIGHGYRZ[Z[T·XTKàOT,T7_G[`[T HGYTKQXGTJGIONG`TKRKZOXSKSUJ[TGMOXJOàOTOM·YZKXKT(:6GOXOTMM·X½TZ½RKTKIKQZOX (GÝRGTZ ,47=+Z[RGXTGQYGIGHGYT·XTKàOT,T7Z[RGXTGQYGHGYTKQXGTJGIONG`T HGàRGTZSUJ[TGMOXJOàOTOM·YZKXKT(:2OTQOTMSKYGPM·X½TZ½RKTKIKQZOX
)ONG`T`T(:
YOTOG¨TH[QRG\_K_OGXG_T\KHGàRGTTM·X½TZ½RKTKTGJGXG_T 
(GàRGTZZGSGSRGTJQZGTYUTXGKQXGTUZUSGZOQURGXGQGTGGXG_½`KJ·TKIKQZOX
(KT`KXKQORJKMX[V(:IONG`TYGQRGSGQO¨OT_[QGXJGQOGJSRGXZKQXGXRG_T

(: (: (:

.GZXRGZSG MK¨O_GVSGJGT·TIKR½ZLKTMX[V (:
_O·TIKJKTKRKZOXOT


7(A
2< &]2C0&*>>       54 627(A
<2&]2*>>        %7(:(:(:    %7 6 >]    (:      (:6 >]      A
<]2&]2     (:     (:A
<]2&]2    
7(A
<2&]2*>>C',9:7( =]&B2&C 6 >]   ,47=+         ,T7     (:6 >]     A
<]2&]2,47=+ ,T7 (:A
<]2&]2     
                                                 

(: (: (:

    



-('Ü2'4:/ 'TGNZGX54QUT[S[TGG_GXRGTSZX -HGÝRGTZYTTGGSGRGX 3KT½_KMOXSKQO¨OTJ½àSK_KHGYTJ½àSK-3UJKT[YK¨KX *½àSK_KQYGHOXY½XKHGYTQRG\_K-SUJ[TGMK¨KX\KKQXGTJG[TRGXM·YZKXOROX-2OTQOTM HGàRGTZJ[X[S[TGMOXJOàOTOHKROXZOX! (GàRGTZHGGXRURJ[à[TJG-9[IIKYYSKYGPM·X½TZ½RKTOX\KUZUSGZOQURGXGQ'TGKQXGTGMKXO J·T½R½X -+RKZOXSK'JSRGX *½àSK-3UJKT[YK¨KX *½àSK_OHGYRZ[ZZ[à[T[`JGKQXGTJG[M·YZKXOROX-6GOXOTM-JUTMRK
ZGQT (GàRGTZHGGXRURJ[à[TJG-9[IIKYYSKYGPM·X½TZ½RKTOX\KUZUSGZOQURGXGQ'TGKQXGTGMKXO J·T½R½X
,8+2'4'.:'82'82'('Ü2'4:/ 'TGNZGX54QUT[S[TGG_GXRGTSZX -1USHOTGY_UTZ[RGXORKHGÝRGTZ -KRKZOXSKSUJ[TGMOXSKQO¨OT,46Z[RGXTYGTO_KHU_[TIGHGYRZ[Z[T+QXGTJG- 6GOXOTMM·X½TZ½RKTKIKQZOX 'RI__KXRKZOXOT\KKQXGTJG[M·YZKXORKIKQZOX-9[IIKYYH[JGHGGX_RGHGàRGTJàGTRGSTG MKROX .GZXRGZSG ,GHXOQGJGKRKZOXORJOZKQXGXKRKZOXSK_KMKXKQ_UQ
-*UTMRK*KVURGSGGRGT

7(A
2< &]2C0&*       54 627(A
<2&2] -  &]= &]= A#2]< A7^ /A]> &> &]= A*2< C0&-          *   -A
<]2&]2         -/8A(H            627(6 >]  C0&-       -6 >]          -/8A(H          
7(A
2< &]2C0&*C',::7( =]&B2&C       54 7(A
<]2&2] -6 =]&(,&  ,46         *  -6 >]         -/8A(H           

]2
AH6,(6/7*


,5419/?54:;;+18'41;22'4/3/

..3399 ??33** (:
9KY'_GX
=OT2UIQ
1GHRUR[3UJ[

)GVY2UIQ =OTSUJK -.@

'TG9G_LG*º`KT*OR
'TGKQXGT[KQORJKG_GXRGTGHOROX 'TG9G_LG @GSGTGXG_½`½ `KRRKZOXORKHOROX-/,M·X½TZ½Y½Y½X½I½JKYZKàOORK *½`KTJKàOZOXSK =OT3GI *ORYK¨OSO +TMROYN)NOTKYK 'XQG/Q+LKQZRKXO8KTQ'_GXRGX +LLKIZOYK¨OT\KJ½àSK_KHGYT ,GXQRGXQGQKLKQZRKXOYK¨SKQO¨OTJ½àSK_OQ[RRGTT )URU[XOYK¨OT\KJ½àSK_KHGYT ,GXQRGXQGQXKTMOYK¨SKQO¨OTJ½àSK_OQ[RRGTT 'XQG/Q6GXRGQRÝ.`'_GXRGX (XOMNZTKYYYK¨OT\KJ½àSK_KHGYT 'XQGQVGXRGQRàTG_GXRGSGQO¨OTJ½àSK_OQ[RRGTT 9VKKJYK¨OT\KJ½àSK_KHGYT 'XQGQKLKQZON`TG_GXRGSGQO¨OTJ½àSK_OQ[RRGTT


4[S2UIQ 3GISUJK (:

7(N7
72
 =]&$6
a
62B/
!*

..3399 ??33** (:
(56A/': 

*H27(N7
7 =]&=OT
C0&A/:'/7'

)GVY2UIQ C0&=OT C0&-

4[S2UIQ C0&3GI C0&*>>

0720*6(> BB ^#9&#a%7.7
           *,)         =OT3GI    (> BA2$A$Ea $BH E*a 
6 7] /E: $BH E*a                           ,7&/,7] 
E$BH E*a ,7&A(,H E$BH E*a                         



@+2'81'//1'?'8/
'JS'XQGà·`KRRKZOXSKQO¨OT,TJ½àSKYOTKHGYT 'JS,T(GIQZ[RGXTGHGYT'XQGQQG_ZSUJ[TGMOXOTQRG\_KGXQGàQGVGR_QKT 'XQGàTQG_JGHGRGJàTM·YZKXOX 'JS`KRRKZOXSKQOYZKJOàOTO`Z[RGXGHGYT\KGJSZKQXGXRG_T 'JSRKSZGSGSRGTJàTJG,T(GIQZ[RGXTGZKQXGXHGYRJàTJGG_GXRGXQG_JKJOROX\K GXQGJGTG_JTRGZSGRQG_ZSUJ[TJGT¨QRX

(')12/-.:)54:852

,4 ,4 ,4 ,4 ,4" ,4Bb ,4=OT
,4YVGIKHGX

'XQG/Q6GXRGQRà 'XQG/Q6GXRGQRà 'XQG/Q.` 'XQG/Q.` 'XQGQXKTMOTOJKàOZOXSK 'XQG/Q3UJ[*KàOZOXSK =OTJU]Y1OROJO ,GHXOQGG_GXRGXTMKXO_½QRKSKQO¨OT½¨YGTO_K HGYRZ[Z[T

153(/4'9?54<+,5419/?54:;2'8/

,4*KR ,4.USK ,46M[V
,4 ,4 ,4' ,49

9IX21 +TJ 6G[YK 6XZ9I /TY =OTJU]YYOYZKSOTKMK¨SK 3GIYOYZKSOTKMK¨



ûþþlû
ü û)Qiþþlû ü ûFn + Backiþþlûûþl ü û ûü  ü iûFn + Backûþiûûþûûûþl

ûþþþl

,4 ,4 ,4 ,4 ,4" ,4Bb ,4=OT ,4YVGIKHGX

þ þl þ þl þûlþl þûl þl þl ûlþl  þûü:LQGRZV ûþ iþiûþû

þû ûlþlü 

,4*KR ,4.USK ,46M[V
,4 ,4 ,4' ,49

9IX21 +TJ 6G[YK 6XZ9I /TY ü:LQGRZV ü0DF



=/4*5=9//43;2:/3+*?':;2'8/

=OTJU]YYOYZKSO,T' =OTJU]YYOYZKSOTKMK¨O

,4, ,4, ,4, ,4, ,4, ,4, ,4,

(ORMOYG_GX :GXG_I 3GOR1[Z[Y[ .KYGV3GQOTKYO 5_TGZ *[XGQRGZ 9UTGXQ

,4,

5_TGZJ[XGQRGZ

,4,

9XGJGQOGXQ

,4,

9KYYO`

,4,

9KY

,4,

9KY

3')//43;2:/3+*?':;2'8/

3')YOYZKSO,T9 3GIYOYZKSOTKMK¨O

,4, ,4, ,4, ,4, ,4, ,4, ,4, ,4, ,4, ,4,

+QXGT6GXRGQRà +QXGT6GXRGQRà 1RG\_K'XQG/Q6GXRGQRà 1RG\_K'XQG/Q6GXRGQRà 9UTGXQ 5_TGZJ[XGQRGZ 9XGJGQOGXQ 9KYYO` 9KY 9KY

*XO\KXOTJOXSKROTQO KTXQMGSOTMIUSJU]TRUGJ 

 :,1'2:6

:LQGRZVû)Q$:LQGRZV

,4, ,4, ,4, ,4, ,4, ,4, ,4, ,4, ,4, ,4, ,4, ,4,

ûlþl l l þiþü þi  û þ    

 0$&

0DF)Q60DF

,4, ,4, ,4, ,4, ,4, ,4, ,4, ,4, ,4, ,4,

þ þl þ þl þ þlüþll þþlüþll û þ    

 KTXQMGSOTMIUSJU]TRUGJ 

,))='84/4-
:NOY JK\OIK IUSVROKY ]OZN VGXZ  UL ZNK ,)) 8[RKY 5VKXGZOUT OY Y[HPKIZ ZU ZNK LURRU]OTM Z]U IUTJOZOUTY :NOYJK\OIKSG_TUZIG[YKNGXSL[ROTZKXLKXKTIKGTJZNOYJK\OIKS[YZGIIKVZGT_ OTZKXLKXKTIKXKIKO\KJOTIR[JOTMOTZKXLKXKTIKZNGZSG_IG[YK[TJKYOXKJUVKXGZOUT
'T_INGTMKYUXSUJOLOIGZOUTYTUZK^VXKYYR_GVVXU\KJH_ZNKVGXZ_XKYVUTYOHRKLUXIUSVROGTIK IU[RJ\UOJZNK[YKX
YG[ZNUXOZ_ZUUVKXGZKZNKKW[OVSKTZ
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
,))8GJOGZOUT+^VUY[XK9ZGZKSKTZ :NOY KW[OVSKTZ IUSVROKY ]OZN ,)) XGJOGZOUT K^VUY[XK ROSOZY YKZ LUXZN LUX GT [TIUTZXURRKJ KT\OXUTSKTZ :NOYZXGTYSOZZKXS[YZTUZHKIURUIGZKJUXUVKXGZOTMOTIUTP[TIZOUT]OZNGT_UZNKXGTZKTTGUX ZXGTYSOZZKX
('::+8/+9
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

/9+*9:':+3+4:
:NOY JK\OIK IUTZGOTY ROIKTIKK^KSVZ ZXGTYSOZZKXYXKIKO\KXY ZNGZ IUSVR_ ]OZN  /TTU\GZOUT 9IOKTIKGTJ+IUTUSOI*K\KRUVSKTZ)GTGJG
YROIKTIKK^KSVZ899Y5VKXGZOUTOY Y[HPKIZZUZNKLURRU]OTMZ]UIUTJOZOUTY  :NOYJK\OIKSG_TUZIG[YKOTZKXLKXKTIK :NOYJK\OIKS[YZGIIKVZGT_OTZKXLKXKTIKOTIR[JOTMOTZKXLKXKTIKZNGZSG_IG[YK[TJKYOXKJ UVKXGZOUTULZNKJK\OIK )KZGVVGXKORIUTZOKTZJKYªSKZZK[XYXªIKVZK[XYYGTYROIKTIKW[OYUTZIUTLUXSKYG[^899YGTY ROIKTIK J
/TTU\GZOUT 9IOKTIKY KZ *ª\KRUVVKSKTZ ªIUTUSOW[K )GTGJG 2
K^VRUOZGZOUT KYZ YU[SOYKG[^JK[^IUTJOZOUTYY[O\GTZKY  )KZGVVGXKORTKJUOZVGYIG[YKXJ
OTZKXLªXKTIKY  )KZ GVVGXKOR JUOZ GIIKVZKX ZU[ZK OTZKXLªXKTIK _ IUSVXOY RKY OTZKXLªXKTIKY W[O VU[XXGOKTZ IG[YKX[TLUTIZOUTTKSKTZOTJªYOXGHRKJKR
GVVGXKOR
'T_INGTMKYUXSUJOLOIGZOUTYTUZK^VXKYYR_GVVXU\KJH_ZNKVGXZ_XKYVUTYOHRKLUXIUSVROGTIK IU[RJ\UOJZNK[YKXYG[ZNUXOZ_ZUUVKXGZKZNKKW[OVSKTZ :U[YRKYINGTMKSKTZYU[SUJOLOIGZOUTYTUTK^VXKYYªSKTZGVVXU[\ªKVGXRKXKYVUTYOHRKJKRG IUTLUXSOZªVU[XXGOZ\OJKXR[ZOROYGZK[XKYZNGHOROZª¡K^VRUOZKXRªW[OVKSKT
/9+*)8GJOGZOUT+^VUY[XK9ZGZKSKTZ :NOYKW[OVSKTZIUSVROKY]OZN/9+*)8,XGJOGZOUTK^VUY[XKROSOZYYKZLUXZNLUXGT[TIUTZXURRKJ KT\OXUTSKTZ :NOYZXGTYSOZZKXS[YZTUZHKIURUIGZKJUXUVKXGZOTMOTIUTP[TIZOUT]OZNGT_UZNKXGTZKTTGUX ZXGTYSOZZKX )KZGVVGXKORKYZ )UTLUXSKG[^ROSOZKYJK^VUYOZOUTJKXG_UTTKSKTZ8,/9+*)ªZGHROKYVU[X[TKT\OXUTTKSKTZ TUTIUTZXµRª )KZªSKZZK[X TK JUOZ VGY «ZXK IUOSVRGTZª U[LUTIZOUTTKX KT UTP[TIZOUT G\KI ZU[ZK G[ZXKGTZKTTKU[ZXGTYSKZZK[X
=.+4;9/4-'1+?(5'8*
3GOTZGOTVXUVKXVUYZ[XKGTJG\UOJK^IKYYO\KLUXIKUTZNKQK_Y :GQKXKM[RGXHXKGQYZUVXK\KTZNGTJLGZOM[K )RKGTZNKQK_HUGXJXKM[RGXR_ZUXKSU\KJ[YZGTJJOXZ '\UOJK^VUYOTMZNKQK_HUGXJZUROW[OJY 1KKVZNKQK_HUGXJOTGY[OZGHRKKT\OXUTSKTZLXKKLXUSK^ZXKSKZKSVKXGZ[XKYUXN[SOJOZ_ 8KSKSHKXZNKYKZOVYLUXGIUSLUXZGHRKGTJJ[XGHRKQK_HUGXJK^VKXOKTIK

,KKRLXKKZUIUTZGIZ[Y]OZNGT_VXUJ[IZOYY[KYUXW[KYZOUTY =K]ORRXKVR_GYW[OIQR_GYVUYYOHRKZUKTY[XKGRR_U[XTKKJYGXKNGTJRKJ

  3GT[LGIZ[XKX 0OTM.KTM:KTM=KO.[O@NU[+RKIZXUTOI:KINTURUM_)U2ZJ 'JJXKYY 4U3OT_OTMYZXUGJ?[GT`NU[:U]T(UR[U)U[TZ_.[O`NU[)OZ_-[GTMJUTM6XU\OTIK

-(: +^KI[ZO\KYZGTJGXJ -(:




Acrobat Distiller 11.0 (Windows)