5.=A2?"<A6C.A6<;.;1:<A6<; '<.1.00612;A ff;0?2.@2152.?A?.A2 fl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fl64B?2.;;<;H.?1)52<?F<32:<A6<;
%@0F05<9<4Fff%* 2*1,7,9(%$6(62)(027,216 "<@A =@F05<9<46@A@ A<1.F /2962C2 A5.A <B? 0<4;6A6<;@ 62 <B? =2?02=A6<;@ :2:<?62@ 6;A2?=?2A.A6<;@ .?2 2@@2;A6.9 6;4?2162;A@ <3 2:<A6<;@(A.;92F (05.05A2?.;1fi2?<:2(6;42?5.C2=?<=<@21.AD< 3.0A<?A52<?F 6;D56052:<A6<;@5.C2 AD< 6;4?2162;A@[email protected].?<[email protected] .;1 . 0<4;6A6C2 9./29 )52F =?2@B:21 A5.A <B? 2E=2?62;02 <3 2:<A6<; 4?<D@ 3?<: <B? .D.?2;2@@ <3 <B? =?2@2;A .?<[email protected] )52F .9@< /2962C21 A5.A2:<A6<;@.?2=5F@6<9<460.99F@6:69.?fl<?2E.:=92<B?52.?A/2.A@ 3.@A2?D52;D2.?22E06A21.?2@0.?21<?.;4?F,2.?2=5F@6<9<460.99F .?<B@21.;1 9<<8 A< A522EA2?;.9D<?91 3<?2E=9.;.A6<; )5B@ 6; A526? C62D.;2:<A6<;.92E=2?62;02?2>B6?2@.0<;@06<B@6;A2?=?2A.A6<;<3A52 .?<[email protected] %5F@6<9<460.9 .?<[email protected] %2?026C2 2EA2?;.9 E=2?62;02<3 @A6:B9B@ 2:<A6<; <4;6A6C2 9./296;4 ,*85(fi&+$&+7(5>fi,1*(5 +(25<2)(027,21 ff3F<B.?2.?<B@21.3A2?[email protected]2E2?06@2.;1@<:2<;2A2.@2@F<BA52 .?<[email protected].9?2.1F0.B@21/FA522E2?06@2:.F92.1A<=?<C<0.A6<;)<A2@A A56@ A52<?F (05.05A2? .;1 (6;42? 6;720A21 @B/720A@ D6A5 2=6;2=5?6;2 . 1?B4 A5.A =?<1B02@ 5645 .?<[email protected] )52; A52@2 @B/720A@ D2?2 :.12 A< </@2?C2 A52 /25.C6<B? <3 <A52?@ 26A52? 6; .; 2B=5<?60 :.;;2?62@5<<A6;4=.=2?@.A.D.@A2/.@82A<?6;.;F.;4?F:.;;2? 62 @A<:=6;4 <BA <3 A52 ?<<: @ =?2160A21 A52 2B=5<?60 .;1 .;4?F /25.C6<B?<3<A52?@ 6;39B2;02A520<4;6A6C26;A2?=?2A.A6<;<3A52@B/720A@J <D;.?<[email protected] ffi6<&+2/2*,&$/&+$1*(6 ff;A52=@F05<9<460.9.?2.05.;42@.?2C6@6/926;02?A.6;:2;A.93B;0A6<;@ "2:<?F0<;02;A?.A6<;.;1=2?3<?:.;02.?2;24.A6C29F.3320A21D52;.
5.=A2?"<A6C.A6<;.;1:<A6<; =2?@<; 6@ 2:<A6<;.99F 16@AB?/21 '2.@<;6;4 2??<?@ .?2:<?2 3?2>B2;A 3<?2:<A6<;.9@A.A2@A5.;3<?;<?:.9.?4B:2;A@ ;35(66,212)(027,216 2'<$1*8$*( :<A6<;@ 0.; /2 2E=?2@@21 /F /<1F 9.;4B.42 <1F 9.;4B.42 6@ .; 6:=<?A.;A=.?A<30<::B;60.A6<;.;10.;0<::B;60.A2 <3D5.AD2 .?20<::B;60.A6;4<1F9.;4B.42@0<:26;09B@A2?@<3@64;.9@42@AB?2@ .;1=<@AB?2@12=2;16;4<;A522:<A6<;@.;1<A52?:2;A.9@A.A2@<1F 9.;4B.426@D<?A5.A5<B@.;1D<?1@ =2?@<;J@ /<1F :<C2:2;A@ A5.A 0<;C2F 2:<A6<;@ A5?<B45 3.06.9 2E=?2@@6<;@.?20.9921I.3320A16@=9.F@J )52F6;160.A2D52A52?.;6;16C61B.9 6@<=2;.;1?202=A6C2.;4?F16@A?.0A21<?.;B:/2?<3<A52?2:<A6<;@ (<:2I.3320A16@=9.F@J.?20<::<;9F6;A2?=?2A21fl<?2E.:=926;16C61B.9@ D5< @6A 6; . @9B:=21 =<@6A6<; .?2 @B==<@21 A< /2 B;5.==F .;1 16@6;A2?2@A21)5<@2D5<@:692 @6AB=?645A.;15.C2?.6@212F2/?<D@ .?25.==F.;16;A2?2@A21 4?2.A12.9<36;3<?:.A6<;6@0<;C2F212C2;D6A5<BA@=2.86;4)56@6@ 0.9921;<;C2?/.90<::B;60.A6<;#<;C2?/.90<::B;60.A6<;0.;0<;C2F .@:B05.@C2?/.90<::B;60.A6<;fflB:.;/26;4@?2.1.;1?2.0AA<A52@2 ;<;C2?/.9@64;.9@.00B?.A29F)52;<;C2?/.9@64;@<342@AB?2=<@AB?2 .;1/<1F:<C2:2;A@.?20<B;A92@@ <1F9.;4B.426;;<;C2?/.90<::B;60.A6<;6;C<9C2@/<1F:<C2:2;A@ .;142@AB?2@D56050<::B;60.A6<;?2@2.?052?@0.99 86;2@6@)52;<; C2?/.9 0B2@ 46C2; A5?<B45 3.06.9 2E=?2@@6<; A<B05 2F2 0<;A.0A .;1 =2?@<;.9@=.026;39B2;02A526;16C61B.9J@6;A2?.0A6<;ff3@64;9.;4B.42 6@ ?6461 6A 0.; /2 .@@B:21 A5.A A52 =2?@<; 6@ .;E6<B@ <? A2??63621 (<:2A6:2@=2<=92 962./<BA5<DA52F3229/BAA52;/<1F?2C2.9@ D5.A A52F5.C26;:6;1<1F9.;4B.42?2C2.9@=92.@B?2<?16@=92.@B?29682 <?16@9682A2;@6<;<??29.E.A6<;,52;;<;C2?/.9@64;.9@.?2@2;AA52F @B442@A.AA6AB12B;12?@A.;16;4.;12:=.A5F %@F05<9<46@A@09.6:A5.AA526;39B2;02.;6;16C61B.9:.82@<;<A52?@ 12=2;1@<;D5.A52@.F@5<D52@.F@ 6A.;1/F56@/<1F
%@0F05<9<4Fff%* 9.;4B.42(6;025<DD2@.F6@6:=<?A.;A6;0<;C2F6;4.:2@@.42 <32:<A6<;6@0<::B;60.A21D6A5<BA.0AB.9D<?1@ffi2;2?.99F6A6@ ;<AD5.AD2@.FA5.A5.@6:=.0A<;<A52?=2<=92/BA6A6@D5.AD21<;JA @.FA5.A/20<:2@@64;6360.;A )5<B45 A52/<1F 9.;4B.42 6@ 3.6?9FB;12?@A<<1 6;42;2?.9A52?2.?2 0B9AB?.916332?2;02@6;;<;C2?/.90<::B;60.A6<; $1$*,1*1(*$7,9((027,216 :<A6<;@.?2.=.?A<3<B?1.69F9632.;12E6@A2;02)52F3<?:A52C2?F 3./?60 <3 <B? 9632 .;1 6;A2?=2?@<;.9 ?29.A6<;@,2 0.;;<A 6:.46;2 9632 D6A5<BA2:<A6<;@ :<A6<;@2E6@A<;.0<;A6;BB:)52?2.?2C.?6<B@ 6;A2;@6A62@<3.; 2:<A6<; A5.A 0.;/2 2E=2?62;021 /FB@ ,2 0.; 2E=2?62;02 2EA?2:2 29.A6<; <? @9645A5.==6;2@@ @2C2?2 4?623 <? 7B@A=2;@6C2;2@@ ffl<D2C2? :<@A<3B@[email protected]:.6;A.6;./.9.;02<32:<A6<;@ ,52;3.021D6A5.0<;3960A6;4@6AB.A6<;6;16C61B.9@.AA2:=AA<.17B@A .;1 12?6C2 . 0<=6;4 :205.;6@: 26A52? D6A5 A.@8 <? 1232;@2 <?62;A21 ?2.0A6<;@)52@20<=6;4=.AA2?;@529=A52:=?2C2;A./;<?:.92:<A6<;.9 ?2.0A6<;@@B05.@.;E62AF12=?2@@6<;2A0 1;,(7< 6@.0<;16A6<;A5.A .;6;16C61B.912C29<=@6;0.@2<33.69B?2A<.1<=A.;.==?<=?6.A224< 1232;@2fl<?2E.:=92 63A52 6;16C61B.93.69@A<.152?2A<.1232;@2<3 ?.A6<;.96G.A6<; 3<? 56@ 6::<?.9 .0A 9682 052.A6;4 <? @A2.96;4 52:.F 12C29<=6;A2;@2.==?252;@6<;./<BAA52<BA0<:2@<3@B05.;.0A;E6<B@ 6;16C61B.9@36;16A163360B9AA<0<;02;A?.A2<?A<:.821206@6<;@2C2;3<? A?6C6.9:.AA2?@ )52@A.A2<312=?2@@6<;.3320A@.;6;16C61B.9J@./696AFA<A56;8?.A6<;.99F 3229 [email protected] .;1 D<?8 23320A6C29F )52 0<;16A6<; <C2?D529:@ A52 :<<1 @A.A2 <3 A52 6;16C61B.9 20.B@2 <3 6A@ 2;1B?6;4 ;.AB?2 A52 6;16C61B.9D5<@B332?@3?<:12=?2@@6<;12C29<=@.C.?62AF<3@F:=A<:@ 9682163360B9AF6;3.996;4.@922=6;0?2.@2192C29<3 =@F05<:<A<?.46A.A6<; <? ?2A.?1.A6<; 120?2.@21 ./696AF A< A56;8 <? 0<;02;A?.A2 .;1 9<@@ <3 6;A2?2@A6;=2?@<;.9<?@<06.9.0A6C6A62@
5.=A2?"<A6C.A6<;.;1:<A6<; ff; 1.69F 9632 D2 .?2 <3A2; 3.021 D6A5 0<;3960A6;4 @6AB.A6<;@ *;12? 12:.;16;4.;1@A?2@@3B90<;16A6<;@.9<A<3;24.A6C22:<A6<;@968232.? .;E62AF16@4B@A2A012C29<= 6;.; 6;16C61B.9A<.0<;@612?./922EA2;A (B05;24.A6C22:<A6<;@63.99<D21A<=?2C.693<?.9<;4A6:2.?296829FA< .3320A .1C2?@29FA52=2?@<;J@=@F05<9<460.9.;1[email protected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● 1+$1&(6(/)$:$5(1(66 2.D.?2<3F<B?<D;2:<A6<;@.;132296;4@ )?FA<4.6;6;@645A6;A<A52I5<DJ.;1ID5FJ<3F<B?32296;4@ ● 335$,6(7+(6,78$7,212%-(&7,9(/< ffA5.@/22;=?<=<@21A5.A2:<A6<; 6@=?202121/F2C.9B.A6<;<3A522C2;Aff3A522C2;A6@2E=2?62;021.@ 16@AB?/6;4F<B?@F:=.A52A60;2?C<B@@F@A2:6@.0A6C.A21.;1F<B 3229@A?2@@21ff3F<B1<;<A2E=2?62;02A522C2;A.@16@AB?/6;4A52; A52?26@;<@A?2@@ffl2;026A6@F<BD5<120612@D52A52?A<3229@.1 .;1.;E6<B@<?5.==F.;1?29.E21 ● 2620(2)021,725,1* )56@6;C<9C2@0<;@A.;A<?=2?6<1602C.9B.A6<; <3 F<B? =.@A .00<:=96@5:2;A@ 2:<A6<;.9 .;1 [email protected] @A.A2@ ?2.9 .;1C60.?6<B@2E=2?62;02@=<@6A6C2[email protected]D<B912;5.;02F<B? 3.6A5 6; F<B?@293 .;1 92.1 A< 2;5.;021 32296;4 <3 D299;2@@ .;1 0<;A2;A:2;A ● 1*$*(,16(/)02'(//,1* 2A52 612.9 3<?F<B?@293'2=2.A219F </@2?C2A52/2@A=.?A@<3F<B?=.@A=2?3<?:.;02.;1B@2A52:.@.; 6;@=6?.A6<;.;1:<A6C.A6<;A<=2?3<?:/2AA2?6;A523BAB?2
%@0F05<9<4Fff%* ● ffi(5&(378$/5(25*$1,=$7,21$1'&2*1,7,9(5(6758&785,1* )?FC62D6;4 A52 2C2;A@ 16332?2;A9F .;1 [email protected] A52 <A52? @612 <3 A52 0<6; '2@A?B0AB?2 F<B? A5<B45A@ A< 2;5.;02 =<@6A6C2 .;1 ?2.@@B?6;4 32296;4@.;1296:6;.A2;24.A6C2A5<B45A@ ● (&5($7,9( fl6;1.;112C29<=.;6;A2?2@A<?.5<//F;4.426;.; .0A6C6AFA5.A6;A2?2@A@.;1.:B@2@F<B ● (9(/23 $1' 185785( *22' 5(/$7,216+,36 5<<@2 F<B? 3?62;1@ 0.?23B99F6;A520<:=.;F<35.==F.;10522?3B93?62;1@F<BD6993229 5.==F 6;42;2?.9 ● $9((03$7+< )?FB;12?@A.;16;4<A52?J@32296;4@A<<".82F<B? ?29.A6<;@56=@ :2.;6;43B9 .;1 C.9B./92 (228 .@ D299 .@ =?<C612 @B==<?A:BAB.99F ● ffi$57,&,3$7(,1&20081,7<6(59,&( ffl29=F<B?@293/F529=6;4<A52?@ F1<6;40<::B;6AF@2?C6023<?2E.:=92529=6;4.;6;A29920AB.99F 05.992;421 05691 92.?; .; .1.=A6C2 @8699 F<B D699 4.6; 6:=<?A.;A 6;@645A@./<BAF<B?<D;163360B9A62@ 1+$1&,1*326,7,9((027,216 $B?2:<A6<;@5.C2.=B?=<@2)52F529=B@.1.=AA<A522C2?05.;46;4 2;C6?<;:2;A.;1.?26:=<?A.;A3<?<B?@B?C6C.9.;1D299/26;4#24.A6C2 2:<A6<;@968232.?.;42?<?16@4B@A=?2=.?2B@:2;A.99F.;1[email protected] 3<?A.86;4 6::216.A2.0A6<;A<D.?1@A52@A6:B9B@A5.A 6@A5?2.A2;6;4 fl<? 2E.:=92 63 A52?2 D.@ ;< 32.? D2 D<B915.C2 0.B45A . =<6@<;<B@ @;.82 6; <B? 5.;1 )5<B45 ;24.A6C2 2:<A6<;@ =?<A20A B@ 6; @B05 @6AB.A6<;@2E02@@6C2<?6;.==?<=?6.A2B@2<3A52@22:<A6<;@0.;/20<:2 9632 A5?2.A2;6;4 A< B@ .@ 6A 0.; 5.?: <B? 6::B;2 @F@A2: .;1 5.C2 @2?6<B@0<;@2>B2;02@3<?<B?52.9A5 %<@6A6C2 2:<A6<;@ @B05 .@ 5<=2 7<F <=A6:6@: 0<;A2;A:2;A .;1 4?.A6AB122;2?46@2B@.;12;5.;02<B?@2;@2<32:<A6<;.9D299/26;4 ,52;D22E=2?62;02=<@6A6C2.3320AD216@=9.F.4?2.A2?=?232?2;023<?. 9.?42 C.?62AF <3 .0A6<;@ .;1 612.@,2 0.; A56;8 <3:<?2 =<@@6/696A62@ .;1 <=A6<;@ A< @<9C2 D5.A2C2? =?</92:@ D2 3.02 .;1 A5B@ D2 /20<:2 =?<.0A6C2
5.=A2?"<A6C.A6<;.;1:<A6<; %@F05<9<46@A@5.C23<B;1A5.A=2<=92D5<D2?2@5<D;369:@12=60A6;4 7<F .;1 0<;A2;A:2;A 0.:2 B= D6A5 :<?2 612.@ ?24.?16;4 A56;4@ A52F D<B91 9682 A<1< .@ 0<:=.?21 A< A5<@2D5<D2?2 @5<D; 369:@ 2C<86;4 .;42?.;132.?%<@6A6C22:<A6<;@46C2B@.4?2.A2?./696AFA<0<=2D6A5 .1C2?@206?0B:@A.;02@.;1>B6089F?2AB?;A<.;<?:.9@A.A2)52F529= B@@2AB=9<;4A2?:=9.;@.;14<.9@.;13<?:;2D?29.A6<;@56=@+.?6<B@ D.F@<32;5.;06;4=<@6A6C22:<A6<;@.?246C2;/29<D ● (9(/230(17 2) 3(5621$/,7< 75$,76 <3 <=A6:6@: 5<=23B9;2@@ 5.==6;2@@ .;1 . =<@6A6C2 @293 ?24.?1 ● fl6;16;4 326,7,9( 0($1,1* 6; 16?2 06?0B:@A.;02@ ● ffl.C6;4 48$/,7<&211(&7,216 D6A5<A52?@.;1@B==<?A6C2;2AD<?8 <3 09<@2 ?29.A6<;@56=@ ● (,1* (1*$*(' 6; D<?8 .;1 4.6;6;4 :.@A2?F )$,7+ 5.C6;4 6; A52 @<06.9 @B==<?A @F@A2: 92.1@ A< 5<=2 .;1 =B?=<@23B9 9632 ● ,9,1* ffi26,7,9( ,17(535(7$7,216 A< 1.69F 9632 5.==2;6;4@ 027,21$/17(//,*(1&( )52 0<;02=A <3 2:<A6<;.9 6;A299642;02 D.@ <?646;.99F 3<?:B9.A21 /F %2A2?(.9<C2F.;1fi<5;".F2?6; :<A6<;.96;A299642;020<;@6@A@ <3A52./696AFA<:<;6A<?.002@@2E=?2@@.;1?24B9.A2<;2J@<D;2:<A6<;@ A52 0.=.06AF A< 612;A63F 6;A2?=?2A .;1 B;12?@A.;1 <A52?J@ 2:<A6<;@ .;1 A52 ./696AF A< B@2 A56@ 6;3<?:.A6<; A< 4B612 <;2J@ A56;86;4 .;1 .0A6<;@ :<A6<;.96;A299642;026;09B12@ 2@@2;A6.90<:=<;2;A@.00<?16;4A< ".F<?.;1(.9<C2F)52F.?2 00B?.0F 6;A52=2?02=A6<;<32:<A6<;@<3<;2@293 .;1<A52?@ .;1 A52./696AFA<2E=?2@@2:<A6<;@23320A6C29F )52 .D.?2;2@@ <3 A52 6;39B2;02 <3 2:<A6<;@ <; A56;86;4:2:<?F 1206@6<;:.86;4.;10<=6;4/25.C6<B? *;12?@A.;16;4 .;1 .;.9FG6;4 2:<A6<;@)56@ 6@ <3A2; 0<:=92E .;1 2C2;0<;A?.160A<?F:<A6<;@5.C2D612@<06.96:=960.A6<;
%@0F05<9<4Fff%* .=.06AF A< ?24B9.A2 <;2J@ 2:<A6<;@ 6; @B05 . D.F A5.A ;24.A6C2 2:<A6<;@.?264;<?21.;1=<@6A6C22:<A6<;@.?22;0<B?.421 .;629 ffi<92:.; . %@F05<9<46@A .;1 . 7<B?;.96@A D5< D?6A2@ ./<BAA52/25.C6<B?.9@062;02@3<?A52#2D-<?8)6:2@2E=9.6;@A5.A :<A6<;.9 ff;A299642;02 <?ff 3<?@5<?A 6@:<?2 6:=<?A.;A 3<?.5.==F =?<1B0A6C2 9632 A5.; ff& ffi<92:.; @B442@A@ :<A6<;.9 &B<A62;A & 0<;@6@A@<3:.7<?=.?A@ ;<D6;4<B?<D;2:<A6<;@ ".;.46;4<B?2:<A6<;@ "<A6C.A6;4<B?@29C2@ '20<4;6@6;4A522:<A6<;@<3<A52?@ ffl.;196;4 ?29.A6<;@56=@ 00<?16;4A<ffi<92:.;2.05<3A52@2292:2;A@=9.F@.;6:=<?A.;A?<92 6;@5.=6;4A52<BA0<:2@D22E=2?62;026;9632!2AB@2E.:6;22.05<3 A52@2292:2;A@<;2H/F<;2 12:,1*2852:1(027,216 :<A6<;@.?2=<D2?3B9?2.0A6<;@@<6A 6@6:=<?A.;A3<?2C2?F<;2<3B@A<?20<4;6G2<B?32296;4@ff3D2.?2;<A .D.?2<3<B?<D; 32296;4@D20.;;<A:.82 6;A299642;A05<602@ fl<? 2E.:=92A.86;4B=.7</@2920A6;4.@=<B@2/BF6;4.5<B@2,52; D21<;<A ?20<4;6G2 <B? 2:<A6<;@ D2 D699;<A/2 ./92 A< 2E=?2@@ A5?<B45 3.02 <? /<1F 9.;4B.42 )56@ 0.; ;24.A6C29F .3320A <B? 6;A2?=2?@<;.9 ?29.A6<;@
5.=A2?"<A6C.A6<;.;1:<A6<; $1$*,1* 285 (027,216 )56@ ?29.A2@ A< ?24B9.A6;4 A52 ;.AB?2 6;A2;@6AF.;12E=?2@@6<;<32:<A6<;@ffA6@6:=<?A.;A/<A53<? <B? :2;A.952.9A5.;16;A2?=2?@<;.9 23320A6C2;2@@ff3D20.;;<A0<;A?<9 <B?A2:=2?=2<=92D699.C<61B@.;1D2:.F36;1 6A163360B9AA<42A 6;A<@B6A./927</@.;13?62;106?092 27,9$7,1*2856(/9(6D2;221A<:<A6C.A2<B?@29C2@A<D<?89<;4 .;15.?1<;.A.@8?2:.6;6;42;A5B@6.@A60.;1<=A6:6@A60./<BAA52 36;.9 <BA0<:2 (B002@@ 0.; /2 .0562C21 <;9F 63 D2 0.; 129.F 4?.A6360.A6<;.;1=BA<33?2026C6;4@:.99?2D.?1@6::216.A29F6;<?12? A<42A9.?42?<;2@@<:2A6:29.A2? ff(&2*1,6,1*$1',1)/8(1&,1*27+(56@(027,216ff3D20.;?20<4;6G2 .00B?.A29F.;<A52?=2?@<;J@0B??2;A:<<1D20.;120612D52A52?6A 6@ A52 ?645A A6:2 A< .@8 3<? . 3.C<B? %2?@<;@ D5< .?2 @869921 6; 42;2?.A6;4@A?<;42:<A6<;@6;<A52?@0.;A5?6C2.@92.12?@<?6;A52 =?<:<A6<;<3@.92@ $1'/,1* 5(/$7,216+,36 )56@ 0.; .9@< /2 A2?:21 I6;A2?=2?@<;.9 6;A299642;02J ffl.A05 (8699@ <3 /26;4 ./92 A< 0<<?16;.A2 A52 233<?A@ <3 @2C2?.9 =2<=92 .;1 A< ;24<A6.A2 @<9BA6<;@ A< 0<:=92E 6;A2?=2?@<;.9 =?</92:@ /26;4 4<<1 .A 46C6;4 <A52?@ 3221 /.08 6; . D.FA5.A1<2@;<A<332;1A52:0.;/26:=<?A.;A6;9632<BA0<:2 )<@B:B=@<06.9=<6@2@<06.9@8699@A?<;4:<A6C.A6<;.;1=2?@6@A2;02 <=A6:6@:.;10<;@062;A6<B@;2@@;221A</212C29<=21D6A5BA:<@A0.?2 )52@2 A?.6A@ D52; D299 12C29<=21 D699 2;./92 .; 6;16C61B.9 A< .0562C2 /2@AA56;4@6;9632 " fi &7,9,7< ffi?2.A=2<=929682".5.A:.ffi.;156(D.:F+6C28.;.;1..?2 2E02=A6<;@ A< A52 A52<?F <3 @2>B2;A6.9 12C29<=:2;A <3 D.;A@ <3 ".@9<D6@0B@@A52?2.@<;@#.:2@<:2:<?2=2?@<;.96A62@9682 ".5.A:.ffi.;156 &7,9,7< %?2=.?2.@0521B92A<:.;.42F<B?A6:2.;1?2@<B?02@@B002@@3B99F fl6;1<BA3?<:F<B?=22?4?<B=D5.A86;1<3@0521B92A52F5.C2:.12
%@0F05<9<4Fff%* ffi2,176725(0(0%(5 "<A6C.A6<;6@.;6;A2?;.9=?<02@@A5.A.0A6C.A2@4B612@.;1:.6;A.6;@ /25.C6<B? "<A6C26@0<;@612?21.@.;6;A2?;.9@A.A2A5.A@2A@/25.C6<B?6;:<A6<; #2216@A529.08<3@<:2/6<9<460.92@@2;A6.9@9682D.A2?.;13<<1 ?6C26@.@A.A2<3:<A6C.A6<;.9.?<[email protected]A5.A6@=?<1B021 /F.;221 %?6:.?F1?6C2@.?2A52/6<9<460.9;221@<3A52/<1F96825B;42?A56?@A .;1@2E (20<;1.?F1?6C2@.?2A52;221@A<.0562C24.6;=?2@A642=<D2?.;1 ?20<4;6A6<;0B?6<@6AF.;12E=9<?.A6<; ".@9<DJ@:<1290.;/20<;02=AB.96G21.@.=F?.:61D52?2A52/.@60 ;221@.?2.AA52/<AA<:.;1A5256452?92C29;221@.?2.AA52A<= :<A6<; 6@ 0<;@612?21 .@ . ?2@=<;@2 A< @A6:B96 A5.A 6;C<9C2@ =5F@6<9<460.9 05.;42@ %?6:.?F2:<A6<;@.?2B;[email protected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
5.=A2?"<A6C.A6<;.;1:<A6<; 2;A?.9 .;1 BA<;<:60 ;2?C<B@ @F@A2: =9.F . :.7<? ?<92 6; A52 ?24B9.A6<;<32:<A6<; B9AB?2 @A?<;49F 6;39B2;02@ A52 2E=?2@@6<; .;1 6;A2?=?2A.A6<; <3 2:<A6<;@ ff;<?12?A<2;@B?2[email protected].;1=@F05<9<460.9D299/26;4D2;221A< :.;.422:<A6<;@23320A6C29F ffl!fi flfi ,5.A6@:<A6C.A6<; "2;A6<;A52AF=2@<3:<A6C2@ E=9.6;5B;42?1?6C2 ,5.A.?2<@:<?202=A<?@ E=9.6;A52;2213<?.33696.A6<; 6@0B@@A526:=<?A.;02<3.0562C2:2;A E=9.6;".@9<DJ@ffl62?.?05F<3;221@ ,5.A6@A52;.AB?2<32:<A6<; "2;A6<;AD<AF=2@<32:<A6<;ffi6C22E.:=92@ E=9.6; A52 =5F@6<9<460.9 .;1 =@F05<9<460.9 05.;42@ 1B?6;4 2:<A6<; E=9.6;2E=?2@@6<;@<32:<A6<;@ ffl<D.?2;24.A6C22:<A6<;@:.;.421 ,5.A.?2A52C.?6<B@D.F@3<?2;5.;06;4=<@6A6C22:<A6<;@ ,5.A6@.;E62AF E=.;1& ,5<D?<A2./<BA:<A6<;.9ff;A299642;02 E=9.6;A52292:2;A@<3:<A6<;.9&B<A62;A.@46C2;/F.;629 ffi<92:.; ❖❖❖❖❖
$>.D.3:7:2Dfi$( "flffiffffl ffffififf "flffiffflffl## *473078*@9/?0>?,-74>30/?3014=>?;>D.3:7:24.,77,-:=,?:=D,? 04;E42 ffl0=8,9D49'30,;;74.,?4:9:10C;0=4809?,7?0.394<@0>?:>?@/D ?30A,=4:@>;=:.0>>0>:1;>D.3:7:2D2,A04?,>.409?414.>?,?@>*@9/?H> 7,-:=,?:=D,? 04;E42307;0/49/0A07:;4924?49?:,949/0;09/09?>.409.0 ffl&?,970Dff,77:180=4.,B,>,>?@/09?:1*@9/?ff0B,>49>?=@809?,7 49-=492492;>D.3:7:2D?:(94?0/&?,?0> @=492?30>,80?480ffi=,9.4>ffl,7?:9:1fl927,9/,7>:.:9?=4-@?0/?: 0C;0=4809?,7 ;>D.3:7:2D (('5)24(:3(4,0(165,135;&+2/2*; 90C;0=4809?-0249>B4?3,;=:-708;=:-7084>?30;309:809:9 :=?30=07,?4:9>34;B34.3?300C;0=4809?0=B4>30>?:>?@/D-0?B009?B: :=8:=0A,=4,-70> 9 0C;0=4809?0= ?309 8,60> , ?09?,?4A0 >?,?0809? ,-:@? ?30 =07,?4:9>34;-0?B009?30A,=4,-70>-0492>?@/40/'34> 4>,3D;:?30>4> ffD;:?30>0>,=0-,>0/:9?3069:B70/20?3,?,7=0,/D0C4>?>49?301407/:1 >?@/D ': ?0>? , 3D;:?30>4> ?30 =07,?4:9>34;> -0?B009 A,=4,-70> ,=0 0C,8490/),=4,-70>,=01,.?:=>?3,?.,9.3,920&:80:1?30A,=4,-70> ,=0 , '30 49/0;09/09? A,=4,-70 '34> 4> ?30 A,=4,-70 40 8,94;@7,?0/ -D ?30 0C;0=4809?0= - '30/0;09/09? A,=4,-70 fi? 4> ?30 A,=4,-70B34.3 4>80,>@=0/ ,9/ 4> 0C;0.?0/ ?: .3,920 ,> , =0>@7? :1 .3,920> .,@>0/ -D ?30 0C;0=4809?,7 8,94;@7,?4:9 . '30 49?0=A09492A,=4,-70'30=0,=0:?30=0C?=,90:@> 1,.?:=> ?3,? ,=0 74607D ?: ,110.? ?30 0C;0=4809? fi9 ,77 0C;0=4809?> 80,>@=0> ,=0 ?,609 ?: 3:7/ >@.3 1,.?:=> .:9>?,9? 90C;0=4809?0=@>@,77DB:=6>B4?3?B:2=:@;>:=308,D>@-50.? ?30 >,80 2=:@; ?: ?B: .:9/4?4:9> '30 2=:@;> ,=0
flC;0=4809?> , '30 0C;0=4809?,7 2=:@; 2=:@; >@-50.?0/ ?: ?30 49/0;09/09? A,=4,-70 :1 ?30 0C;0=4809? - '30.:9?=:72=:@;2=:@;?3,?4>9:?0C;:>0/?:?3049/0;09/09? A,=4,-70 *3470=0;:=?492,9 0C;0=4809? ?30;=:-708 3D;:?30>4>A,=4,-70> ,9/.:9?=:7>8@>?-0.70,=7D>?,?0/'30;=:.0/@=0,/:;?0/?:.:9/@.? ?300C;0=4809?,9/?30>?,?4>?4.,7,9,7D>4>8@>?-00C;7,490/'30=0>@7?> :1?300C;0=4809?>8@>?-0/4>.@>>0/B4?3=010=09.0?:?303D;:?30>4> ,9/ ?30:=0?4.,7-,.62=:@9/ :9.7@>4:98@>?-0/=,B9=02,=/492 ?30 =07,?4:9>34;>-0?B009?30A,=4,-70>?0>?0/
$>.D.3:7:2Dfi$( "flffiff< ffifffflffi ff fl42%/(0 ':>?@/D?300110.?:1/4=0.?0/:->0=A,?4:9:9?30,..@=,.D :1=0;:=? fl/$1 :9/@.??300C;0=4809?49?B:>0=40>fi90,.3>0=40>0C;:>0 , ;4.?@=0 1:= >0.:9/> #-?,49 ?30 ,9>B0=> 1:= ?30 <@0>?4:9> 49 0,.3>0=40>:8;,=0?309@8-0=:1.:==0.?,9>B0=>49-:?3?30>0=40> $6(4,$/5 ;4.?@=08:@9?0/:9, .,=/-:,=/ ,9/.:A0=0/ B4?3, 17,;, 74>?:1 <@0>?4:9>:9 ?30;4.?@=0,60D ?: ?30<@0>?4:9>>?:; .7:.6,9/B=4?4928,?0=4,7> fl42&('74( '300C;0=4809?4>/:9049?B:>0=40> ffl(4,(5<$57$/2%5(48$6,21 &0,??30>@-50.?.:81:=?,-7D491=:9?:1,?,-70'30.,=/-:,=/B4?3 ?3017,;.:A0=492?30;4.?@=04>;7,.0/:9?30?,-70fi9>?=@.??30>@-50.? ?:-0=0,/D ,9/:->0=A0?30;4.?@=0.,=01@77D *4?3?30G>?,=?H >429,7 :;09 ?30 17,; ?: 0C;:>0 ?30 ;4.?@=0> ,9/ >?,=? ?30 >?:; .7:.6 >48@7?,90:@>7D1?0=,7,;>0:1>0.:9/>>,DG>?:;H,9/.7:>0?3017,; $=0>09??30>@-50.?B4?3?3074>?:1<@0>?4:9>,9/,>6348 30=?:,9>B0= ?30<@0>?4:9>,-:@??30;4.?@=049:90:=?B:B:=/> ffl(4,(5<<,4(&6('2%5(48$6,21 fi9?34>>0=40>0C;:>0?30>,80;4.?@=01:=?30>0.:9/?480'30?480 /@=,?4:94>>0.:9/>ffl4A0?30>,80>0?:1<@0>?4:9>,9/:-?,49?30 =0>;:9>0>ffi49/:@??309@8-0=:1.:==0.?,9>B0=>B4?3?30307;:1?30 60D ":?0 '30 ,9>B0=> >3:@7/ -0 .:==0.?0/ :97D ,1?0= ?30 >0.:9/ >0=40>4>/:90 15647&6,215 I*4?3?30G>?,=?H>429,7fiB477>3:BD:@,;4.?@=01:=, >3:=?/@=,?4:9#->0=A0?30;4.?@=0.,=01@77D ,?0=fiB47724A0D:@,>0? :1<@0>?4:9>,-:@??30;4.?@=0>,9/D:@3,A0?:,9>B0=0,.3<@0>?4:9 49 :90 := ?B: B:=/> ":?0 ffl4A0 ?30 >,80 49>?=@.?4:9> 49 -:?3 ?30 >0=40>
flC;0=4809?> fl4(&$76,215 '30 ,9>B0=> ?: ?30 <@0>?4:9> 8@>? -0 -=401 fi? >3:@7/ -0 49 :90 := ?B: B:=/> ;3=,>0> *309 ?30 >@-50.? 4> ,9>B0=492 ?30 <@0>?4:9> 49 ?30 /4=0.?0/ :->0=A,?4:9 >0=40>/:9:? ,77:B30= 348 ?: .:9>@7? ?30 ,9>B0=> ?3,? > 30 3,> B=4??09 49 ?30 14=>? >0=40> '30 ,9>B0=> ?: ?30 <@0>?4:9> 8@>? -0 .30.60/ :97D ,1?0= ?30 .:8;70?4:9 :1 ?30 >0.:9/ >0=40> '30 >@-50.? >3:@7/ 9:? 69:B ?3,? > 30 3,> ?: ,9>B0= ?30 >,80 >0? :1 <@0>?4:9> ?B4.0 $6$$1$/;5,5 ffi49/ :@? ?30 9@8-0= :1 .:==0.? ,9>B0=> 49 0,.3 >0=40> ,9/ 149/ ?30 /4110=09.0 -0?B009 ?30 ?B: ffi49/ :@? ?30 ;0=.09?,20 :1 ,..@=,.D 49 0,.3 >0=40> ',-@7,?0 ?30 =0>@7?> :1 ,77 >@-50.?> ffi49/ :@? ?30 8,C48@8 ,9/ 84948@8 >.:=0 49 0,.3 >0=40> ,7.@7,?0 ?30 80,9 49 0,.3 >0=40> ff$%/(5+29,1*6+(3(4&(16$*(2)$&&74$&;2)4(3246%()24($1'$)6(4 ',4(&6('2%5(48$6,21 &7": ",80 "@8-0=:1.:==0.?,9>B0=> ,>@,7 4=0.? 4110=09.0fififi :->0=A,?4:9 :->0=A,?4:9 fi fifi fifi ':?,7 !0,9 !,C !49 %,920
$>.D.3:7:2Dfi$( fl2,165)24',5&755,21 ffl090=,77DB0 149/ ?3,??30>@-50.?> 24A08:=09@8-0=:1.:==0.? ,9>B0=> 49 ?30 >0.:9/ >0=40> 4>.@>>B30?30=/4=0.?0/:->0=A,?4:93,>[email protected]/?30,..@=,.D :1 =0;:=? 4>.@>> ?30 80,9 ;0=1:=8,9.0 ,9/ ?30 49/4A4/@,7 /4110=09.0> 21&/75,21 &?,?0 B30?30= /4=0.?0/ :->0=A,?4:9 3,> 48;=:A0/ ?30 ,..@=,.D:1=0;:=?
flC;0=4809?> "flffiff < fflffffff fl42%/(0 ':/0?0=8490?30;:>>4-474?D:1/4A4>4:9:1,??09?4:9-0?B009 ?B:?,>6> fl/$1:9/@.??300C;0=4809?49?B:;,=?>40fi?B:8@>.@7,=?,>6> fifi ?B: 809?,7 ?,>6> :8;,=0 ?30 49/4.0> :1 ?30 ?B: ;,=?> B4?3 0,.3 :?30= $6(4,$/5 &?:;B,?.3,9/B=4?4928,?0=4,7> fl42&('74( '300C;0=4809?4>.:9/@.?0/49?B:;,=?> fl$46 ff9275&7/$46$5.5 ffl(4,(5<$ !@>.@7,=?,>6":fi9>?=@.??30>@-50.??3,?,??30>?,=? >429,7 > 30>3:@7//=,B,>8,9D ?=4,9270>,> > 30.,9 B4?330= 34> =423?3,9/77:B >0.:9/>?:/:?30B:=6??3009/:1 >0.:9/> >?:;?30B:=6,9/.:@9??309@8-0=:190,?7D/=,B9?=4,9270>'34>4> &&49270?,>6F ffl(4,(5<% !@>.@7,=?,>6":B49>?=@.??30>@-50.??:/=,B,> 8,9D.4=.70>,>30.,9B4?330= 34>701?3,9/'30?480,77:B0/4> >0.:9/> '30 >,80 ;=:.0/@=0 ,> 49 ?30 14=>? >0=40> 4> 1:77:B0/ ":?0 /:B9?30>.:=0'34>4>&&49270?,>6 ffl(4,(5<& 'B:8@>.@7,=?,>6>ff0=049>?=@.?348?:/=,B?=4,9270> B4?330= 34>=423?3,9/,9/.4=.70>B4?330= 34>701?3,9/>48@7?,90:@>7D ,? ?30 >?,=? >429,7 '30 ?480 ,77:B0/ 4> >0.:9/> ":?0 /:B9 ?30 9@8-0=:1?=4,9270>,9/.4=.70>/=,B9>0;,=,?07D'30>.:=01:=?=4,9270> 4> /:@-70 ?,>6 9@8-0= ,9/ .4=.70 4> /:@-70 ?,>6 9@8-0= ffi=:8?30,-:A0>.:=0>.,7.@7,?0?3049/0C:1/4A4>4-474?D-D,;;7D492?30 1:=8@7, fi9/0C:1/4A4>4-474?D 1 2 1 2 S S D D ID '307:>>:10114.409.D4>.,7.@7,?0/-D@>492?301:=8@7,Ffi
$>.D.3:7:2Dfi$( fl$46<<ff92(16$/ff$5.5 ffl(4,(5< !09?,7',>6":fi9>?=@.??30>@-50.??:>?,=?B=4?492?30 ,7;3,-0?>49?30=0A0=>0:=/0=40E?:,,??30=0,/D>429,7'30?480 ,77:B0/ 4> >0.:9/> ":?0 /:B9 ?30 9@8-0= :1 .:==0.?7D B=4??09 ,7;3,-0?>'34>4>>49270?,>6& ffl(4,(5< !09?,7?,>6":ffl4A0?30>@-50.?,9@8-0=>,D '34> B477 -0 .,770/ ,> ?30 G-,>0 9@8-0=H '309 24A0 30= 348 ,9:?30= 9@8-0=>,D '34>B477-0.,770/,>?30G24A099@8-0=H ??30=0,/D >429,7 49>?=@.?30= 348 ?: ,// ?30 24A099@8-0= ?: ?30 -,>09@8-0= 7:@/7D& 303,>?:,//?3024A099@8-0=?:0A0=D=0>@7?492?:?,740 ,9/>::9'30?480,77:B0/4> >0.:9/> ":?0/:B9?309@8-0=:1.:==0.?,9>B0=>,9/?34>4>>49270?,>6& ffl(4,(5< 'B:809?,7?,>6>ffl4A0930= 348,9:?30=-,>09@8-0= ,9/24A099@8-0= fi9>?=@.?348?3,?,??30>?,=?>429,7> 303,>?: >?,=?B=4?492?30,7;3,-0?>49?30=0A0=>0:=/0=,9/,??30>,80?4802: :9,//492?3024A099@8-0=?:?30-,>09@8-0=:=,77D,>1,>?,>;:>>4-70 '30?4807484?4> >0.:9/>'30,7;3,-0?>B=4??09B477-0,9/?30 ,//492 B477 -0 ;;7D ?30 >,80 1:=8@7, .,7.@7,?0 ?30 49/0C :1 /4A4>4-474?D,9/7:>>:10114.409.D 15647&6,215 !@>.@7,=',>6FI??30>?,=?>429,7@>492D:@==423? 3,9//=,B,>8,9D?=4,9270>,>D:@.,9J 75&7/$46$5.< I??30>?,=?>429,7/=,B,>8,9D.4=.70>,>D:@ .,9B4?3D:@=701?3,9/J !@>.@7,=?,>6I??30>?,=?>429,7/=,B.4=.70>B4?3D:@=701? 3,9/,9/?=4,9270>B4?3D:@==423?3,9/ !09?,7?,>6FI??30>?,=?>429,7B=4?0?30,7;3,-0?>49?30=0A0=>0 :=/0=J !09?,7?,>6FI??30>?,=?>429,7,>0C;7,490/?:D:@0,=740=,// ?30 24A09 9@8-0= ?: ?30 -,>0 9@8-0= ,9/ .:9?49@0 ?: ,// ?30 24A09 9@8-0=?:?30=0>@7?492,9>B0=ffl4A0?30,9>B0=>:=,77D
flC;0=4809?> !09?,7 ?,>6 I? ?30 >?,=? >429,7B=4?0 ?30 ,7;3,-0?> 49 ?30 =0A0=>0:=/0=,9/,7>:,//?3024A099@8-0=?:?30-,>09@8-0=:=,77DJ fl4(&$76,215 ,=08@>?-0?,609?:>00?3,?-:?3?,>6>,=0/:90>48@7?,90:@>7D 9>B0=> ?: ?30 ;=:-708> >3:@7/ -0 ,@/4-70 ?: ?30 0C;0=4809? $6$$1$/;5,5 ,7.@7,?0 ?30 49/0C :1 /4A4>4-474?D ,9/ ?30 7:>> :1 0114.409.D 1:= $,=? ,9/ $,=? F >0;,=,?07D ff$%/(<5+29,1*5&24(52)fflffl,1'(:2)',8,5,%,/,6;$1' /2552)()),&,(1&;2)6+(*4273)2475&7/$4ff$5.5 &7": ",80 & & fi9/0C :>>:10114.409.D :1/4A4>4-474?D ':?,7 !0,9 !,C !49 %,920 ff$%/(<5+29,1*5&24(52)fflffl,1'(:2)',8,5,%,/,6;$1' /2552)()),&,(1&;2)6+(*4273)24(16$/ff$5.5 &7": ",80 & & fi9/0C :>>:10114.409.D :1/4A4>4-474?D ':?,7 !0,9 !,C !49 %,920
$>.D.3:7:2Dfi$( ff$%/(< 5+29,1*6+(,1'(:2)',8,5,%,/,6;$1'/2552)()),&,(1&;)24 075&7/$4$1'0(16$/6$5.5 &7": ",80 !@>.@7,=?,>6> !09?,7?,>6> fi9/0C:1 :>>:1 fi9/0C:1 :>>:1 /4A4>4-474?D 0110.409.D /4A4>4-474?D 0110.409.D ':?,7 !0,9 !,C !49 %,920 fl2,165)24',5&755,21 !,C48@8 49/0C :1 /4A4>4-474?D 4> '34> 80,9> ?3,? /4A4>4:9 :1 ,??09?4:9 4> ;0=10.? 4>.@>> ?30 49/0C :1 /4A4>4-474?D :1 8@>.@7,= ?,>6> B4?3 ?3,? :1 ?30 809?,7 ?,>6> 4>.@>> 1,.?:=> ?3,? .:9?=4-@?0 ?: ?30 3423 fi 21&/75,21 &?,?0?3049/0C:1/4A4>4-474?D49?B:;,=?>
flC;0=4809?> "flffiff< fifffiffffffff fl42%/(0 ':>?@/D?300110.?:1B477:917@.?@,?4:9:1,??09?4:9 fl/$1 :9/@.??300C;0=4809?49?3=00>0=40> *4?3,90@?=,7,??4?@/0 *4?3,;:>4?4A0,??4?@/0,9/ *4?3,902,?4A0,??4?@/0 :8;,=0 ?30 9@8-0= :1 17@.?@,?4:9> :..@==0/ 49 ?30 ?3=00 >0=40> B4?30,.3:?30= $6(4,$/5 /:@-70;0=>;0.?4A0-::6142@=0>?:;.7:.6,9/B=4?492 8,?0=4,7> fl42&('74( 01:=0>?,=?492>3:B?30/:@-70;0=>;0.?4A0-::6142@=0 ?: ?30 >@-50.? ,9/ 149/ :@? B30?30= > 30 >00> ?30 142@=0 :9.0 ,> 3,71 :;090/,9/,9:?30=?480,>3,71.7:>0/-::67>:?07730= 348?3,??30 >341? 1=:8 :90 ,>;0.? ?: ?30 :?30= 49 ?30 >,80 142@=0 4> 69:B9 ,> 17@.?@,?4:9 '300C;0=4809?4>.:9/@.?0/49?3=00>0=40> ffl(4,(5<"0@?=,7,??4?@/0&3:B?30/:@-70;0=>;0.?4A0-::6142@=0 ?:?30>@-50.?B4?3?30 49>?=@.?4:9>?3,? 4?,;;0,=>:9.0,>3,71:;09 ,9/ ,9:?30= ?480 ,> 3,71 .7:>0/ -::6 & 30 4> 1@=?30= ?:7/ ?: 3,A0 , 90@?=,7,??4?@/0,9/B3470:->0=A49230= 34>,??09?4:9B:@7/>341?1=:8 :90,>;0.?:1?30-::6?:?30:?30=fi9?34>>0=40>> 30>3:@7/9:??=D?: 20?17@.?@,?4:9>9:==0>4>?4?fi1?30D>?477:..@=A:7@9?,=47D& 30>3:@7/ ;@? , /:? 49 30= 34> -::6 1:= 0A0=D 17@.?@,?4:9 ?3,? :..@=> ff0= 34>
$>.D.3:7:2Dfi$( ,??09?4:9>3:@7/9:?-0?,609,B,D1=:8?30-::6142@=0B34708,6492, 8,=649?30-::6ffi:=?300C;0=4809??:-0249?30>?,=?>429,74>24A09 ,9/?30>?:;B,?.34>>?,=?0/>48@7?,90:@>7D >0.:9/>,=0,77:B0/ 1:=:->0=A,?4:9??3009/:14??309@8-0=:117@.?@,?4:9>?3,?:..@==0/ ,=09:?0//:B9 ffl(4,(5< $:>4?4A0,??4?@/0ff0=0?30>@-50.?4>49>?=@.?0/?:,>>@80 ,;:>4?4A0,??4?@/0?3,?4>?=D?:20?,>8,9D17@.?@,?4:9>,>;:>>4-70 ffi:77:B?30>,80;=:.0/@=0,>49?30,-:A0>0=40> ffl(4,(5 < "02,?4A0,??4?@/0 ff0=0 ?30 >@-50.? 4> 49>?=@.?0/ ?: =0>4>??30:..@==09.0:117@.?@,?4:9>-@?41?30D>?477:..@=> 30>3:@7/ 9:?04?/:B9'3091:77:B?30>,80;=:.0/@=0,>49?30,-:A0>0=40> 15647&6,215 ffl(4,(5< Iff0=04>,/:@-70;0=>;0.?4A0-::6142@=0B34.3,;;0,=> :9.0 ,> 3,71 :;090/ ,9/ ,9:?30= ?480 ,> , 3,71 .7:>0/ -::6 '30 :>.477,?4:9-0?B009?30?B:,>;0.?>:1?30142@=04>17@.?@,?4:9 ::6,? ?30-::6B4?3,90@?=,7,??4?@/0:9:??=D?:20?17@.?@,?4:9>9:=?=D ?: =0>4>? 4? fi1 ?30D >?477 :..@= 8,60 , /:? 49 D:@= -::6 1:= 0A0=D 17@.?@,?4:9?3,?:..@=>*3470/:492>:/:9:?B4?3/=,BD:@=,??09?4:9 1=:8?30-::6142@=0J ffl(4,(5< I>>@80,;:>4?4A0 ,??4?@/0 ?3,? 4> ?=D ?:20?,>8,9D 17@.?@,?4:9>,>;:>>4-70,9/9:?04?/:B9,>/:9049?30;=0A4:@>>0=40>J ffl(4,(5< I>>@80,902,?4A0,??4?@/0?3,?4>=0>4>??30:..@==09.0 :117@.?@,?4:9>?:?300C?09?;:>>4-70fi1?30D>?477:..@=9:?04?/:B9,> /:9049?30;=0A4:@>>0=40>J fl4(&$76,215 '30>@-50.?>3:@7/9:?B4?3/=,B30= 34>,??09?4:9 1=:8 ?30-::6 142@=0 B309 30 9:?0> /:B9 ?30 17@.?@,?4:9> '30 ,??4?@/0> 8@>? -0 >?=4.?7D ,>>@80/ -D ?30 >@-50.? $6(1$/;5,5 ffi49/ :@? ?30 9@8-0= :1 17@.?@,?4:9> :..@==0/ 49 ?30 90@?=,7 ;:>4?4A0 ,9/ 902,?4A0 >0=40> ,7.@7,?0 ?30 80,9 1:= ?30 2=:@; 49 0,.3 :1 ?30 >0=40>
flC;0=4809?> ff$%/(5+29,1*6+(170%(42))/7&67$6,21571'(41(764$/325,6,8( $1'1(*$6,8($66,67'( &7 ",80 ": :1ffi7@.?@,?4:9@9/0= 4110=09.0 ": "0@?=,7 $:>4?4A0 "02,?4A0 "0@?=,7 "0@?=,7 $:>4?4A0 fi>0=40> fifi&0=40> fififi&0=40> fififi fififi fififififi ':?,7 !0,9 !,C !49 %,920 fl2,165)24',5&755,21 4>.@>> 49/4A4/@,7 /4110=09.0> 4>.@>> B30?30= IB477J 3,> ,9D .:9?=:7 :A0= 17@.?@,?4:9> 21&/75,215 &?,?0?309@8-0=:117@.?@,?4:9>:..@==0/49?30?3=00>0=40>
$>.D.3:7:2Dfi$( "flffiff< fflfflfflffffififfffi fl42%/(0 ':/0?0=8490?300110.?:1/4>?=4-@?4:9:170,=9492;0=4:/:9 =0?09?4:9 fl/$1 :9/@.? ?30 0C;0=4809? 49 ?B: >0=40> !,>>0/80?3:/ ,9/ 4>?=4-@?0/80?3:/$=0>09??3074>?14A0?480>490,.3>0=40>:=,77D,9/ .:8;,=0?309@8-0=:1B:=/>.:==0.?7D=0.,770/490,.3>0=40> $6(4,$/5 'B:74>?>:1B:=/> 4>?,9/ 4>?.:9?,49492?B09?D B:=/>490,.3>?:;B,?.3,9/B=4?4928,?0=4,7> fl42&('74( :9/@.??300C;0=4809?49?B:>0=40> ffl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ffl(4,(5< ,564,%76('0(6+2',56 $=0>09? ?30 B:=/> 1=:8 ?30 74>? :=,77D ,? ?30 =,?0 :1 >0.:9/> , B:=/ ,9/ >0.:9/> 49?0=A,7 -0?B009 ?B: =0,/492> 1?0= ?30 >0.:9/ ;=0>09?,?4:9 49?=:/@.0 849@?0> /4>?=,.?4:9 ;0=4:/ $=0>09? ?30 74>? ?B4.0 ,2,49 ,> -01:=0
flC;0=4809?> ffl4A0 849@?0> /4>?=,.?4:9 ;0=4:/ ffl4A0;=0>09??3074>?:9.0,2,49,9/,77:B>0.:9/>/4>?=,.?4:9 >6 ?30 >@-50.? ?: =0.,77 ?30 B:=/> 1=:8 ?30 74>? ":?0 /:B9 ?30 .:==0.? =0>;:9>0> 15647&6,215)24%26+6+(5(4,(5 I 4>?09.,=01@77D?:?30B:=/>fi,8 2:492?:=0,/+:@B4773,A0?:=0.,77?308,1?0=fi1494>3=0,/492J fl4(&$76,215 '30 ?480 >;09? :9 70,=9492 ?30 74>?> ,9/ >3:@7/ -0 ?30 >,80 70,A492 :@? ?30 49?0=A,7 ,9/ ?30 /4>?=,.?4:9 ;0=4:/> '30 74>? >3:@7/-0;=0>09?0/,? ,9@941:=8 =,?0,9/ 49 ,9 0A09 ?:90 $6$$1$/;5,5 ffi49/:@??309@8-0=:1B:=/>.:==0.?7D70,=9?490,.3>0=40> ff$%/(5+29,1*6+(170%(42)924'5&244(&6/;/($416,1($&+5(4,(5 &7": ",80 "@8-0=:1B:=/>.:==0.?7D=0.,770/ !,>>0/fi 4>?=4-@?0/fifi 4110=09.0fififi ':?,7 !0,9 !,C !49 %,920 fl2,165)24',5&755,21 >;0=?30:=D/4>?=4-@?0/80?3:/4>,/A,9?,20:@>,9/0.:9:84.,7 &?@/D ?30 2=:@; ?,-70 ,9/ 49/4.,?0 ?30 ?=09/ flC;7:=0 ?30 .,@>0> 1:= ?30 =0>@7?> :-?,490/ 21&/75,21 &?,?0B30?30=/4>?=4-@?0/80?3:/:170,=94921,.474?,?0> =0?09?4:9
$>.D.3:7:2Dfi$( "flffiff< ffiffff fl42%/(0 ':/0?0=8490?300110.?:180,9492:9=0?09?4:9 fl/$1 :9/@.? ?300C;0=4809? 49 ?B:>0=40> $=0>09?0,.3 74>? 14A0 ?480>:=,77D:8;,=0?309@8-0=:1B:=/>=0.,770/490,.3>0=40> $6(4,$/5 , 74>? :19:9>09>0 >D77,-70> , 74>? :1 B:=/> >?:; B,?.3,9/B=4?4928,?0=4,7> fl42&('74( :9/@.??300C;0=4809?49?B:>0=40> ffl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ffl(4,(5< !24'5 ff0=0@>0?3074>?:1B:=/>,9/1:77:B?30>,80 ;=:.0/@=0,>49?30fiF&0=40> 15647&6,215 ffl(4,(5 < I??30=0,/D>429,7fiB477=0,/:@?,74>?:1 9:9>09>0>D77,-70>9:9>09>0>D77,-704>,.:8-49,?4:9:170??0=> -@?9:?,B:=/ff0=04>,90C,8;70fiB477=0,/?3074>??480>B4?3, ;,@>0 ,? ?30 09/ :1 0,.3 ?=4,7 4>?09 .,=01@77D ,> D:@ B477 3,A0 ?: =0;=:/@.0?309:9>09>0>D77,-70,??3009/:1?30=0,/492J ffl(4,(5< GfiB477=0,/:@?,74>?:1B:=/>9:B 4>?09.,=01@77D1:=D:@ B4773,A0?:=0;=:/@.0?308,??3009/:1=0,/492>J fl4(&$76,215 '30=,?0:1;=0>09?,?4:9,9/?30?:908@>?-0.:9>?,9??3=:@23:@? ?30 0C;0=4809? '30 >@-50.? >3:@7/ -0 60;? -@>D /@=492 ?30 /4>?=,.?4:9 ?480
flC;0=4809?> $6$$1$/;5,5 ffi49/ :@? ?30 9@8-0= :1 B:=/> .:==0.?7D =0.,770/ 1=:8 0,.3 74>? ff$%/(5+29,1*6+(170%(42)924'5&244(&6/;4(&$//('%;6+(57%-(&65 &7": ",80 "@8-0=:1.:==0.?,9>B0=> ":9>09>0 *:=/>fifi 4110=09.0 >D77,-70>fi fifi ':?,7 !0,9 !,C !49 %,920 fl2,165)24',5&755,215 &?,?0 49 B3,? B,D ?30 8,?0=4,7 70,=9? 49 ?30 ?B: >0=40> /4110= 1=:8 :90 ,9:?30= 49 ?304= 80,94921@790>> ffl4A0 =0,>:9> 1:= ?30 -0??0= ;0=1:=8,9.0 49 ?30 >0.:9/ >0=40> 21&/75,21 &;0.41D?30[email protected]:180,9492:9=0?09?4:9
$>.D.3:7:2Dfi$( "flffiff< ffffifflfflff fl42%/(0 ':>?@/D0C;0=4809?,77D?300110.?:108:?4:9:9?30>;00/ :1=0>;:9>0> fl/$1 :9/@.??300C;0=4809?49?B:>0=40>:8;,=0?30=0>;:9>0> ,9/=0,.?4:9?480:1?3008:?4:9,7B:=/>B4?3?3:>0:1?309:908:?4:9,7 B:=/> $6(4,$/5 74>?>:1>?48@7@>B:=/> 4>?,9/ 4>?fl,.374>?3,> B:=/>9:908:?4:9,7,9/08:?4:9,7B:=/>>?:;B,?.3,9/B=4?492 8,?0=4,7> fl42&('74( '300C;0=4809?4>.:9/@.?0/49?B:>0=40> ffl(4,(5<,5621026,21$/924'5 &0,??30>@-50.?.:81:=?,-7D,9/;7,.0 4>?-01:=030= 348fi9>?=@.? 30= 348?3,?,??30>?,=?>429,7> 303,>?:=0,/?3014=>?>?48@7@> B:=/809?,77D,9/?309B=4?0?3014=>?B:=/?3,?.:80>?:30= 34>849/ fi9?34>B,D> 303,>?:=0>;:9/?:,>8,9D>?48@7@>B:=/>,>;:>>4-70 B4?3:97D,>49270=0>;:9>0 1:=0,.3B:=/ *4?3 ?30G>?,=?H >429,7?30 >@-50.?4>,77:B0/?:24A0?30=0>;:9>0>'30?480,77:B0/4>>0.:9/> '30G>?:;H>429,74>24A09,9/?309@8-0=:1=0>;:9>0B:=/>B=4??09-D ?30>@-50.?4>9:?0//:B9 ffl(4,(5<,56026,21$/924'5 '30>,80;=:.0/@=0,>49?30fi>0=40>4>1:77:B0/-@?@>492 4>? '309@8-0=:1=0>;:9>0B:=/>B=4??09-D?30>@-50.?4>9:?0//:B9 15647&6,215 I*4?3 ?30G>?,=?H>429,7=0,/0,.3>?48@7@>B:=/,9/ B=4?0/:B9?3014=>?=0>;:9>0?3,?.:80>?:D:@=849/,2,49>?4?:9?49@0 ?477D:@,=0,>60/?:>?:;J'30>,8049>?=@.?4:9>,=0=0;0,?0/1:=?30fifi >0=40>,7>: fl4(&$76,215 ':8,60 >@=0 ?3,? ?30 >@-50.? 3,> @9/0=>?::/ ?30 49>?=@.?4:9> 24A0 30= 348 := B:=/> ,> , ?=4,7 $6$$1$/;5,5 ":?0 /:B9 ?30 9@8-0= :1 =0>;:9>0> 1:= 08:?4:9,7 ,9/ 9:9 08:?4:9,7 >0=40> >0;,=,?07D
flC;0=4809?> ,7.@7,?0 ?30 =0,.?4:9 ?480 %' -D @>492 ?30 1:77:B492 1:=8@7, >0;,=,?07D 1:= ?30 ?B: >0=40> Number of responses ime Taken RT ,7.@7,?0 ?30 80,9 1:= =0>;:9>0> ,9/ =0,.?4:9 ?480 1:= ?30 ?B: >0=40> >0;,=,?07D 1',8,'7$/ffi(57/6 ff$%/( &3:B492?309@8-0=:1=0>;:9>0>49?3014=>?,9/>0.:9/ >0=40>:1?300C;0=4809? &7 ",80 4>? 4>? 4110=09.0 ": 9:9 08:?4:9,7 084?:9,7 '#' !fl" ff$%/( &3:B492?30=0,.?4:9?480:1?3014=>?,9/>0.:9/>0=40>:1?300C;0=4809? &7 ",80 4>? 4>? 4110=09.0 ": 9:9 08:?4:9,7 084?:9,7 '#' !fl" fl2,165)24',5&755,21 (>@,77D 7:92 =0,.?4:9 ?480 :@? :1 ?30 B,D =0>;:9>0> ,9/ 1,47@=0 ?:=0>;:9/ ?: >:80B:=/>8,D-0 49/4.,?:=>:1 >:80.:8;70C0> %0,.?4:9?4804>2090=,77D8:=049?30.,>0:108:?4:9,7=0>;:9>0> ?3,9 1:= 9:9 08:?4:9,7 =0>;:9>0> 0;09/492@;:9?3049/4A4/@,70C;0=409.0>?3008:?4:9,7=0>;:9>0> ?09/ ?: A,=D 1=:8 ;0=>:9 ?: ;0=>:9 21&/75,21 &?,?0B30?30= ?300110.?:108:?4:9 :9?30>;00/ :1 =0>;:9>0>3,>:..@==0/
#<,B,18580Bffl#' ● ,,fi',#(' ffl< * ,8072=2?. 9;8,.<< 8/ /8,><270 87 87. =1270 *7- 2078;270 8=1.; =1270< 27 =1. .7?2;876.7= ● ,,flffl"&fi', &1.,58<..68=287*5+87-8/*//.,=287 =1*= 2< /8>7- [email protected] 27/*7=< *7- ,*;.02?.;< ● ff(%fi+fflfi'fflfi <=*0. 8/ =1. 87<.= 8/ 9>+.;=B =1;8>01 =1. ,8695.=287 8/ =..7< ● ff-%,"((ff ffl< * <=*0. 8/ ;.<987<2+252=B 27-.9.7-.7,. *7- <.5/ <>998;=270 ● &'fi+#fl #;8/8>7- 58<< 8/ 6.68;B ● #%#fl,#(' &1. 7..- 8; @*7= .A9.;2.7,.- /8; =1. ,869*7B 8/ 8=1.;< ● ffl"#fi.fi&fi', &1. -.<2;. 8/ * 9.;<87 =8 6..= <=*7-*;-< 8/ .A,.55.7,. ● '!fi* 70.; 2<.A9.;2.7,.-@1.7 /*,.-+B /;><=;*=287;.<>5=270 27 <*-7.<< *7- -.9;.<<287 ● *,# #ffl#fl% ',fi%%#!fi'fflfi ;./.;<=8=1.><.8/6*,127.<524.,869>=.;< 8; ;8+8=< =8 9.;/8;6 ,8695.A =*<4< 9;80;*66.- +B .A9.;=< 27 =1. ;.<9.,=2?. /2.5- ● *fl#' %8/= <9870B 92742<1 0;*B 7.;?. ,.55< /58*=270 27 ,.;.+;8<927*5 /5>2- ● *fl#' ,(*&#'! ;.. =1274270 *7- 185-270 =1. 3>-06.7=< =255 *55 =1. 2-.*< *;. .A1*><=.- ● ('.fi*!fi', "#'$#'! &1274270 =8 <85?. 9;8+5.6< @12,1 1*?. -./272=. *7<@.;< ● -*#(+#,1 &.7-.7,B =8 <..4 /8; 78?.5 .A9.;2.7,. 0*27 95.*<>;. +B 8+=*27270 27/8;6*=287
fl58<<8;B ● "*(&(+(&fi+ &1;.*-524. <=;>,=>;.< /8>7- 279*2;< &1.;. *;. 9*2;< 8/ *>=8<86.< *7- 9*2; 8/ <.A ,1;868<86.< ;- ● ('+ffl#(-+'fi++ 6.*7270 +.270 *@*;. 8/ =1. 9;.<.7= ● fl+fi ,-ff1 ffi2<=8;B 8/ *7 27-2?2->*5 @2=1 * 9;8+5.6 ● fi*fiffi*fl%(*,fi0&1.0;*B6*==.;*7-=1.1201.<=.?85?.-<=;>,=>;. ● (*)-+ (%#+fi-& (12=. /*==B =2<<>. ,877.,=270 =1. 5./= *7- ;201= 1.62<91.;.< ● "-'$#'! .*7270/>5 0;8>9270 8/ ;.5*=.- 27/8;6*=287 =1*= ,*7 +. <=8;.- 27 %& ● ('fflfi),+%B6+852,;.9;.<.7=*=2878/*,5*<<8/8+3.,=<@2=1<86. <2625*;2=2.< 8; .0 >;72=>;. ;>2=< ● *fifl,#.fi"#'$#'!ffl778?*=287<=1;8>016><2,9*27=270*;=*7- <,2.7,. ● (' %#ffl, (1.7.?.; * 9.;<87 1*< =8 ,188<. [email protected] =@8 8; 68;. -.<2;.< 68=2?.< 8; -.6*7-< A*695. ,188<270 [email protected] 1201.; <=>-2.< *7- 38+ 87 1*7- ● fi.fi%()&fi', ffl= 2< =1. 9*==.;7 8/ 9;80;.<<2?. 8;-.;5B *7- 9;.-2,=*+5. ,1*70.< =1*= +.027 *= ,87,.9=287 *7- ,87=27>. =1;8>018>= 52/. ● fiffl#+#(' fl$#'! *4270 3>-06.7=< +B -;*@270 ,87,5><287< /8;62708927287<.?*5>*=270.?.7=<8;8+3.,=<+*<.-87.?2-.7,.< ● #.fi*!fi', "#'$#'! =1274270 27 -2//.;.7= @*B< =8 *;;2?. *= * 78?.5 <85>=287 8; .0 ><287 ><2, ● 1+%fi0#fl 0.7.;*5 =.;6 ;./.;;270 =8 -2//2,>5=B 27 ;.*-270 ● )#+(ff#ffl fi&(*1 &12< 185-< * 58= 8/ -.=*25< *+8>= 2698;=*7= .?.7=< 27 87.E< 52/. ● &(,#(' A,2=.- <=*=. 8/ 627-
#<,B,18580Bffl#' ● *-+,*fl,#(' 2< .A9.;2.7,.- @1.7 =1.;. 2< *7 8+<=*,5. [email protected] =1. -.<2;. *7- * 08*5 0 #8528 *//52,=.- ,125- @*7=270 =8 ;>7 * ;*,. ● -'ffl,#('fl% #0fiff'fi++ &1. =.7-.7,B =8 =1274 8/ =1270< 875B 27 =.;6<8/=1.2;><>*5/>7,=287<&12<,*7+.*5262=*=28727<85?270 * 9;8+5.6 fl ● fi'fi*fl% +1ffl"(%(!1 2< ,87,.;7.- @2=1 =1. +*<2, 9;27,295.< 8/ 1>6*7 +.1*?28; ● %fl'ff+ *;. ,.55< @12,1 <.,;.=. 18;687.< ● *(/," ;./.;< =8 =1. 91B<2,*5 *<9.,= /8; .A*695. 1.201= *7- @.201= ● (*&('fi+ 1.62,*5<>+<=*7,.<=1*=95*B*;85. 270;8@=1*7- -.?.5896.7= 8/ *7 27-2?2->*5 *7- *5<8 9;8,.<< 6.=*+852<6 ● fl%%-ffl#'fl,#(' #.;,.2?2708+3.,=<8;.?.7=< =1*=*;.78=9;.<.7= ● fi&#+)"fi*fi+ &1. <B66.=;2,*5 1*5?.< 8/ =1. ,.;.+;>6 *7- ,.;.+.55>6 ● (&fi(+,fl+#+&1.91B<285802,*5=.7-.7,B=86*27=*27*727=.;7*5 +8-25B <=*=. 8/ +*5*7,. 27 =.;6< 8/ /88- @*=.; *2; =.69.;*=>;. *7- <5..9 ● 1)(,"fi+#+ =.7=*=2?. <=*=.6.7= 8/ =1. ;.5*=287<129 [email protected] ?*;2*+5.< &1. <=*=.6.7= 2< 6*-. @2=1 =1. 1.59 8/ <=;870 0>.<< @8;4 8; 1>7,1 ● ',*(+)fiffl,#(' %.5/ .A*627*=287 8; 27=.;7*5 27<9.,=287 ● %%-+#(' #.;,.2?270 =1. 8+3.,= 27 * @;870 @*B ● '+#!",<85>=287/8;*9;8+5.6=1*=8,,>;<27*/5*<1<>--.75B ● 'ffl-ffifl,#(' <=*0. 27 =1. ,;.*=2?. 9;8,.<< 8; *<<2625*=287 8/
fl58<<8;B =1. 5.*;7.- 6*=.;2*5 =8 +. <=8;.- 27 =1. +;*27 ● '+,#'ffl, ,8695.A>72?.;<*5+.1*?28>;=1*= 2<;202-5B9*==.;7.- =1;8>018>= * <9.,2.< ffl= 2< 27+8;7 8; >75.*;7.- +.1*?28; 8; .0 <>,4270 ;./5.A 27 =1. 7.@+8;7 ● fifl*'#'! 8-2/2,*=287 27+.1*?28;*< *;.<>5=8/ .A9.;2.7,. =;*27270 .A98<>;. *7- 8998;=>72=B ● fifl*'#'!#+flffi#%#,1 125-;.7@2=178;6*527=.5520.7,.+>=1*?270 9;8+5.6< 27 ;.*-270 @;2=270 8; 5.*;7270 7>6+.;< ● #'ff 2< * <>+3.,=2?. .A9.;2.7,. ● 1fi%#'+"fifl," 5*B.;8//*=*7-9;8=.27<,8?.;270=8.71*7,. =1. <9..- 8/ 7.>;*5 =;*7<62<<287 ● fl,-*fl,#(' ;./.;< =8 ,1*70.< =1*= *;. 8;-.;5B *7- ;.5*=.- =8 0;8@=1 *7- -.?.5896.7= A*695. =*54270 *7- @*54270 27 *7 27/*7= ● 'fi&('#ffl+ ";0*72C*=287*5 <=;*=.0B =8 ;.6.6+.; 0 !$& ● (,#.fi &1*= 68?.< *7 8;0*72<6 27=8 *,=287 ● fi-*(' !.;?. .55+*<2, >72= 8/ =1. 7.;?8>< <B<=.6 ● fi-*(,*fl'+&#,,fi*+ 1.62,*5< ;.5.*<.- *= =1. <B7*9<. ● fi!fl,#.fifi#' (*fflfi&fi', (2=1-;*@*5 8/* ;.@*;- =8 ,8;;.,= =1. +.1*?28; 8/ * ,125- =12< 2< 78= 9>72<16.7= ● ffi+fi*.fl,#(' (*=,1270 * 9.;<87 <2=>*=287 8; *7 27,2-.7= @2=1 * 9>;98<. ● .fi* %fifl*'#'! %=>-B270 *7- ;.1.*;<270 * 6*=.;2*5 .?.7 */=.; 5.*;7270 1*< =*4.7 95*,. ● +1ffl"(%(!1 2< -.;2?.- /;86 =@8 fl;..4 =.;6< D#<B,1.E6.*7270 +(-% %(!(+ 6.*7270 <=>-B
#<,B,18580Bffl#' ● +1ffl"()"1+#ffl+ 2<,87,.;7.-@2=1=1.;.5*=287<129[email protected]91B<2,*5 9;89.;=2.< 8/ <=26>52 *7- 8>; 9<B,185802,*5 .A9.;2.7,.< 8/ =1.6 ● fi*fflfi),#(' &1.9;8,.<<+B@12,1<.7<8;B27/8;6*=2872<8;0*72C.- *7*5B<.- *7- 27=.;9;.=.- ● *fi'fl,fl% #.;28-2, -.?.5896.7= /;86 ,87,.9=287 =8 +2;=1 ● *(ffi%fi&(%.#'! 08*5-2;.,=.-=12742708;.0*,125-*;;*70270 * 320<*@ 9>CC5. ● fifi*+ ,125-;.7 8/ <*6. *0. 0;8>9 *7- 6*=>;2=B 5.?.5 ● -ffifi*,1 %.A>*5 6*=>;*=287 27 .*;5B *-85.<,.7=< 5.*-270 =8 =1. *99.*;*7,. 8/ <.,87-*;B <.A>*5 ,1*;*,=.;2<=2,< ● -fi+,#(''fl#*fi *7 27<=;>6.7= ,87<2<=270 8/ :>.<=287< -.<207.- =8 6.*<>;. *7 *<9.,= 8/ +.1*?28; ● fi %fi0 ffl,#(' %=.;.8=B9. ;.<987<. =*4270 95*,. *= =1. <927*5 5.?.5 8; .0 B. @274270 ;./5.A ● fi,#*fi&fi', ffl< =*4270 5.*?. /;86 *,=2?. ?8,*=287*5 52/. ● (,fi %fifl*'#'! fi.*;7270 @2=18>= >7-.;<=*7-270 0 ;.,2=*=287 8/ 98.6< +B 42-< ● fi)*fi++#(' 58,4270 =1;.*=.7270 8; 9*27/>5 6.68;2.< /;86 ,87<,28><7.<< ● fifl+('#'! $.*<872702<<.5.,=2?.=1274270.2=1.;=1;8>0127->,=2?. 8; -.->,=2?. ;.*<87270 ● ffl#fi'fflfi ffl<*<B<=.6*=2,<=>-B=1.;.<>5=<8/@12,1,*7+.,5*;2/2.- *= *7B 9827= 8/ =26. ● 1'()+fi * 0*9 [email protected] =@8 7.>;87< ● fi&fl',#ffl fi&(*1 ;./.;< =8 0.7.;*5 [email protected].
fl58<<8;B ● "*fi+"(%ff ,.;=*2762726>65.?.58/<=26>5*=2878/<.7<.8;0*7 =8 *,=>*55B .A9.;2.7,. =1. <.7<*=287 ● fi*fl,(!fi'+ 7?2;876.7=*5*0.7=<=1*=,*><.-.?2*=287<2778;6*5 -.?.5896.7= ● "#'$#'! ffl< * ,8072=2?. *,=2?2=B >72:>. =8 1>6*7 +.270< ● 'ffl('ff#,#('fiff,#&-%-+ <=26>5>< =1*=78;6*55B 9;8->,.< *7 27?85>7=*;B ;.<987<. A*695. 88- %*52?*=287 27 * 1>70;B -80 ● 'ffl('ff#,#('fl%fi+)('+fi &1.>75.*;7.-8; 27?85>7=*;B;.<987<. =8*7*=>;*5<=26>5><8;.A*695.B.@274270;.<987<.<=26>5>< 0><1 8/ *2; ● fl*#flffi%fi 7B 6.*<>;*+5. ,87-2=287 .?.7= ,1*;*,=.;2<=2,< 8; +.1*?28; =1*= *;. ,87=;855.- 8; 8+<.;?.- 27 * <=>-B ● #+-fl% %%-+#(' #1B<2,*5 <=26>52 =1*= ,87<2<=.7=5B 9;8->,. .;;8;< 279.;,.9=2878;.0 527..7,58<.-+B*;;8@1.*-< 2<9.;,.2?.- *<<18;=.;=1*7=1.<*6.5.70=18/527..7,58<.-+B/.*=1.;1.*-< ● (*$#'! fi&(*1 .68;B 9;8,.<<.< =1*= 9;.<.;?. ;.,.7=5B 9.;,.2?.- .?.7=< 8; .A9.;2.7,.< &12< 2< *5<8 ,*55.- %& 8; .0;.=*27270*=.5.9187.7>6+.;=89*<<87*72698;=*7=6.<<*0. /8;0.==270 =1. 7>6+.; 87,. =1. 6.<<*0. 2< 9*<<.- 87
#<,B,18580Bffl#' *;85(*-.*;85&*?;2<#<B,18580B%.,87--2=287ffi*;9.; 85527< #>+52<1.;< 1;2<=891.; #.=.;<87 ffl7=;8->,=287 =8 #<B,18580B ffi*;9.; 85527< #>+52<1.;< 52//8;- & 8;0*7 $2,1*;- ff270 (.2<C *7- %,1895.; ffl7=;8->,=287 =8 #<B,18580B %.?.7=1 -2=287 &*=* ,fl;*@ ffi255 #>+52,*=287 .5-6*7'7-.;<=*7-270#<B,18580B8>;=1-2=287 ,fl;*@ ffi255 ffl7-2* .;7*5- >77 ffl7=;8->,=287 =8 #<B,18580B 2/=1 -2=287 ffl&% #>+52,*=287 ffi250*;-=427<87*7-=427<87ffl7=;8->,=287=8#<B,18580B "A/8;- fflffi #>+52<1270 8#?=fi=- !*=*;*3 # #<B,18580B ffl #' 8>;=1 -2=287 %;272?*<* #>+52,*=287< B<8;. !$& #<B,18580B &.A= 884 /8; 5*<< )ffl !$& !.@ .512 %*7-1B* ff# fl.7.;*5 #<B,18580B &12;- $.?2<.- -2=287 7685 #>+52,*=287< !.@ .512 %*7-1B*ff#*7-#*-6*$*8 &.A=8848/#<B,18580B fl8805. %.*;,1 /8; #2,=>;.< fi*>;* .;4 125- .?.5896.7= #.*;<87 #>+52,*=287 ffl7-2* %@*;7*5*=1* fflB.; ffl7=;8->,=287 =8 #<B,18580B #;.62.; #>+52<1270 869*7B *70*58;. 2+2580;*91B
0%&- ffl5&34*0/ ffi"1&2 !fi'%&ff! "$ %*ffl!fi!ffi* Time 3 hrs 15 min Max Marks : 100 %($&fflfl!fifi!(ff ffi#'%&ff! %ff % & ffl ) !)"4*34)&.&"/*/(0'0(03 !)"4*3$"3&345%9.&4)0% !)"4*3"/"80/ !)"4*3-5$45"4*0/0'44&/4*0/ !)"4"2&(&/&3 !)"4*3%&6&-01.&/4 !)"4*393-&8*" !)"4*33&/3029.&.029 !)"4*3$0/$&14 !)0)"3&81-"*/&%4)&)*&2"2$)90'/&&%3 %($ * !fl&fflfl!fifi!(ff ffiff % & %ffl) !)"4*34)&"*.0'/%5342*"-ffi39$)0-0(9 ff4"4&"/9470%&.&2*430'*/42031&$4*0/.&4)0% !2*4&4)&%*''&2&/$&3#&47&&/&81&2*.&/4"-"/%$0/420-(20513 !)"4*3$2&4*/*3. !)&2&*36*35"-$&/42&-0$"4&%*/4)"*/ &'*/&1&2$&145"-$0/34"/$9 &/4*0/4)&491&30'4)*/,*/( &/4*0/4)&-"730'-&"2/*/("$$02%*/(40fi)02/%*,& *34*/(5*3)&/0491& '20.1)&/0491& !)"4*3%0-&3$&/$& *34*/(5*3)#*0-0(*$"-/&&%'20.30$*"-/&&% !)"4*3$-0/*/(
ffi3$9$)0-0(9ffi %($ *!fl&ffl fl!fifi!(ff ffiff % & %ffl ) 81-"*//"452"-*34*$0#3&26"4*0/ 2"7"/&"4%*"(2".0'fl&520/"/%-"#&-4)&1"243 81-"*/4)&$)"2"$4&2*34*$30'3&/3"4*0/ 81-"*/0/(4&2..&.029 !2*4&"/04&0/.*403*3 !2*4&"/04&0/12&/"4"-34"(&*/%&6&-01.&/4 81-"*/&%5$"4*0/"-139$)0-0(9 !2*4&"/04&0/$2&"4*6&4)*/,*/( 81-"*/35#+&$4*6&'"$40230'"44&/4*0/ 81-"*/4)&$"53&30'"#/02."-'02(&44*/( 07%0905."/"(&"/(&281-"*/ 81-"*/3526&9.&4)0% %($ *&(!!fl&fflfl!fifi!(ff ffiff % & %ffl ) 2"7"/&"4%*"(2".0'2"*/-"#&-*431"243"/%&81-"*/4)&*2 '5/$4*0/ 81-"*/-&"2/*/(#9$-"33*$"-$0/%*4*0/*/( 81-"*/ 4)& 20-& 0' &/6*20/.&/4 0/ 4)& %&6&-01.&/4 0' 4)& */%*6*%5"- 81-"*/4)&'"$40237)*$)*/'-5&/$&120#-&.30-6*/(*/4)*/,*/( ffi2"$4*$"-ffi"24 %($ *&(!!fl&fflfl!fifi!(ff ffi#'%&ff! % ) !2*4& 4)& 1-"/ "/% 120$&%52& 905 )"6& "%014&% 40 345%9 4)& &''&$40'%*2&$4&%0#3&26"4*0/0/4)&"$$52"$90'2&1024 !2*4&4)&1-"/"/%120$&%52&905)"6&"%014&%40345%9%*6*3*0/ 0'"44&/4*0/#&47&&/470.53$5-"24"3,3 !2*4& 4)& 1-"/ "/% 120$&%52& 905 )"6& "%014&% 40 345%9 4)& &''&$40'&.04*0/0/4)*/,*/(#9'2&&"330$*"4*0/ ❖❖❖❖❖