0 " 0 $ ( " c % 1 " " ( & " 3 * & & , % + $
!"#$%"& (" )&*+%,&" -,+%$& . /,+-"& (" 0,-1*(*+$"($0"0 2"+%*(*34" 2"+% *(*34"55 67778 677789:6;< 9:6;< :#,;3" <= >&8$(,(
!"#$%&'%( *#"+#,,( - ./&' 0,1($'( 0,1($'( 23""3"# 4(+,3' 56"7,(8( - '3,3%%&7$9
!"#$%"& (" )&*+%,&".,+%$& / 0,+."& (" 1,.2*(*+$"($1"1 3"+%*(*45"6 78889:;7<=
!"#$%&'( Francisco Carballo
0>?@AB?> CA D?EFGHIJ K ILEGL>J EJGHM?JNA>HIJMJ AM 4?ECBNHGOB6 PMHQA>BHCJC CA (?MC>ABR 1H>AIG?> JB?IHJC? CAE 2AMG>? CA ,BGLCH?B 0?BI?E?MHJEAB CA EJ NHBNJ HMBGHGLIHSMR Luis Alfonso Herrera Robles
0>?@AB?>9HMQABGHTJC?> CA EJ PMHQA>BHCJC "LGSM?NJ CA 2HLCJC ULV>AWR $NDJ>GA IL>B?B AM AE 0>?T>JNJ CA .?IH?E?TFJ JCBI>HG? JE 1ADJ>GJNAMG? CA 2HAMIHJB .?IHJEABR
!"#$%%&'(% *( (+#,(*-.(./ "01 23
XJEGA> 1R YHTM?E?
!"#$%"& (" )&*+%,&" .AMGH> K DAMBJ> EJ CABI?E?MHJEHCJC 3"MG?E?TFJ6 78889:;7<=
)>JMIHBI? 2J>ZJEE? K (LHB "E@?MB? !A>>A>J &?ZEAB 30>SE?T? K BAEAIIHSM=
2?M EJ I?EJZ?>JIHSM CA-
0>HNA>J ACHIHSM AM ABDJ[?E- NJ>W? :;7\ ] :;7\ XJEGA> 1R YHTM?E? ] :;7\ CAE D>SE?T? K BAEAIIHSM- )>JMIHBI? 2J>ZJEE? K (LHB "E@?MB? !A>>A>J &?ZEAB ] :;7\ CA ABGJ ACHIHSM- 2$1*# K P"2U ] :;7\ 2$1*# DJ>J G?C?B E?B I>^CHG?B ,EHBJZAGB6 7:6 ;_;;7 #J>IAE?MJ OGGD-``aaaRIHC?ZR?>T A9NJHE- DLZEHIJIH?MABbIHC?ZR?>T PMHQA>BHCJC "LGSM?NJ CA 2HLCJC ULV>AW 3P"2U= "QR 0ELGJ>I? ,EFJB 2JEEAB +?R 7:7; )?QHBGA 2OJNHWJE6 2R0R c:c7; 2HLCJC ULV>AW6 2OHOLJOLJ6 Y^dHI? aaaRLJIeRNd` ,CHIHSM CA E?B GAdG?B K I??>CHMJIHSM- ,EHBJZAG YJ[^ 2?>>AIIHSM- "MJ .ACJM? A $BJZAE fA>CAG "BHBGAMGA CA ACHIHSM- (ELHB 1JENJL $NJTAM CA ILZHA>GJ- g(J TE?ZJEHWJIHSM CA EJ HMCHJMHWJIHSMh6 CAE J>GHBGJ NAdHIJM? 0AC>? (JBIOi 1HBG>HZLHC? D?> ,CHIH?MB #AEEJGA>>J6 .R(R +JQJB CA %?E?BJ6 :_8 ZHB6 ;_;:j #J>IAE?MJ aaaRAC9ZAEEJGA>>JRI?N kLACJM >HTL>?BJNAMGA D>?OHZHCJB6 BHM EJ JLG?>HWJIHSM ABI>HGJ CA E?B GHGLEJ>AB CAE I?DK>HTOG6 ZJe? EJB BJMIH?MAB ABGJZEAIHCJB AM EJB EAKAB6 EJ >AD>?CLIIHSM G?GJE ? DJ>IHJE CA ABGJ ?Z>J D?> ILJElLHA> NACH? ? D>?IACHNHAMG?6 I?ND>AMCHC?B EJ >AD>?T>J@FJ K AE G>JGJNHAMG? HM@?>NVGHI?6 K EJ CHBG>HZLIHSM CA AeANDEJ>AB CA AEEJ NACHJMGA JElLHEA> ? D>^BGJN? DmZEHI?BR $ND>AB? AM ,BDJ[J 0>HMGAC HM .DJHM $.#+- 8n_9c<98:\779<<9; 1ADSBHG? (ATJE- #9\8_<9:;7\ $ND>AB? D?> #??o 0>HMG 1HTHGJE .R" ! #
(J TE?ZJEHWJIHSM CA EJ HMCHJMHWJIHSMh ` )*%+,* ./"#,/#0,$#%/ 3:;;86 G^IMHIJ K CHNAMBH?MAB QJ>HJZEA=R 1A 0AC>? (JBIO
,BGA NJDJ @LBH?MJ AE HMTE^B6 AE ABDJ[?E K AE @>JMI^B DJ>J D>?CLIH> LMJ MLAQJ IJ>G?T>J@FJ ZJBJCJ AM E?B BHTMHIJC?B CA EJB DJEJZ>JB gHMCH?h A gHMCFTAMJhR 0>ABAMGJMC? AE @LMCJNAMG? CA MLABG>?B D>?IAB?B I?MGAND?>VMA?B CA TE?ZJEHWJIHSM6 AE NJDJ AB LMJ QLAEGJ J EJ >AD>ABAMGJIHSM CA EJ HTM?>JMIHJ K I?M@LBHSM lLA AdDA>HNAMGJ>?M E?B AL>?DA?B JE EEATJ> JE I?MGHMAMGA JNA>HIJM?R PM ?>CAM NLMCHJE @LGL>? ? I?MGAND?>VMA? HNDEHIJ AE >AM?NZ>JNHAMG? CA E?B I?MGHMAMGAB6 BHM ANZJ>T?6 AE NJDJ >AAeJ GJNZH^M AE ^DHI? I>AIHNHAMG? ILEGL>JE K D?EFGHI? CA DLAZE?B lLA pM? HND?>GJ BH I?>>AIGJ ? A>>SMAJNAMGAp OJM BHC? CAM?NHMJC?B gHMCH?Bh ? gHMCFTAMJBhR
.LNJ>H? "T>JCAIHNHAMG?B6 8 0>SE?T?- XJEGA> 1R YHTM?E?6 DAMBJC?> CABI?E?MHJE6 1&,/2#(2% 3,&+,**% 4 56#( 7*8%/(% 9'&&'&,6 77
$R
Modernidad/colonialidad
7R "MAIC?GJ>H? i6 :c :R (J I?E?MHJEHCJC- EJ IJ>J ?ILEGJ CA EJ N?CA>MHCJC6 :\ cR (J I?E?MHJEHCJC J E? EJ>T? K J E? JMIO?- AE !ANHB@A>H? *IIHCAMGJE AM AE O?>HW?MGA I?E?MHJE CA EJ N?CA>MHCJC6 <8
BJIHSM I?M )>JMIHBI? 2J>ZJEE?6 _7
$$R
Conocimiento y desobediencia epistémica
\R "MAIC?GJ>H? ii6 77c jR ,BDJIH?B TA?T>VI?B K E?IJEHWJIH?MAB ADHBGAN?ESTHIJB- EJ >JGH? AMG>A EJ E?IJEHWJIHSM TA?T>V IJ K EJ BLZJEGA>MHWJIHSM CA I?M?IHNHAMG?B6 77n nR 2JNZHJMC? EJB ^GHIJB K EJB D?EFGHIJB CAE I?M?IHNHAMG?- ESTHIJ CA EJ I?E?MHJEHCJC K D?BI?E?MHJEHCJC HNDA>HJE6 7<7 _R 4A?D?EFGHIJ CA EJ BAMBHZHEHCJC K CAE I?M?IHNHAMG?- B?Z>A CABI?E?MHJEH9 CJC6 DAMBJNHAMG? @>?MGA>HW? K CAB?ZACHAMIHJ ADHBG^NHIJ6 7nc 8R (JB TA?D?EFGHIJB CAE I?M?IHNHAMG? K I?E?MHJEHCJC CAE D?CA>- I?MQA>BJ9 IHSM I?M 2JGOA>HMA XJEBO6 787
$$$R
Fijando posiciones
7;R "MAIC?GJ>H? iii6 ::7 77R (J >JWSM D?BI?E?MHJE- OA>AMIHJB I?E?MHJEAB K GA?>FJB D?BI?E?MHJEAB6 ::c 7:R (J ?DIHSM CABI?E?MHJE- CABD>AMCHNHAMG? K JDA>GL>JR PM NJMHABG? K LM IJB?6 :\7 7cR .?Z>A EJ HCAJ CA "N^>HIJ (JGHMJ- I?MQA>BJIHSM I?M "MG?MH? (JBG>J6 :8n
$fR
Hacia una política descolonial
7H? iv6 c:n 7\R ,E QLAEI? CA EJ >JWSM- B?Z>A EJB >AQ?ELIH?MAB6 HMCADAMCAMIHJB K >AZA9 EH?MAB CA MJEAB CAE xviii K D>HMIHDH?B CAE xix6 cc7 7jR (J >AQ?ELIHSM GAS>HIJ CAE WJDJGHBN?- I?MBAILAMIHJB OHBGS>HIJB6 ^GHIJB K D?EFGHIJB6 cc8 7nR 0AMBJNHAMG? @>?MGA>HW? K >AD>ABAMGJIHSM- I?MQA>BJIHSM I?M YJ>FJ $[H9 T? 2EJQ? K &J@JAE .VMIOAW9YJGA?B 0JMHJTLJ6 cj8
fR
Estéticas descoloniales
7_R "MAIC?GJ>H? v6 c8n 78R 7'($:'(#( CABI?E?MHJE6 c88 :;R "IGHQJ> E?B J>IOHQ?B6 CABIAMG>JEHWJ> J EJB NLBJB- AE YLBA? CA ">GA $B9 EVNHI? CA 1?OJ K AE YLBA? CA EJB 2HQHEHWJIH?MAB "BHVGHIJB CA .HMTJ9 DL>6 <7\ :7R ,BG^GHIJB CABI?E?MHJEAB- I?MQA>BJIHSM I?M )>JMIHBI? 2J>ZJEE?6
Epílogo6
;,*$'& <= >#?/%*%6 <\n
Referencias bibliográficas
p p p p p p p
0>SE?T?6
!"#$%&%' )*$+," -.&/%$%0 1,/2*3%" 3,24%$%/.*$ !"#$%&'%( *#"+#,,( -.&' /,0($'( 12""2"# 3(+,2'
!*"* $%2 56 ,2+73.*/+,2 /%"8*$.2+*2 3, 9:%+;./*1* <=>.?%2 2, $%2 $$,?*"%/0 ?.?%2 $%2 @7,",8%2AB C * $* 8,8%".* 3, 9/+%/.% D*8E"*/%F-%/+,20 *2,2./*3% * 8*/2*$?* 1%" $* 1%$.4G* 3, !*24%0 )*2H./&+%/I
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xvi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
VW
)*$+," XI -.&/%
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
VI >Q*2,0 *2.8.28%0 ,$ 3%478,/+*$ 3, 9/* J*%8. 3, R%72* 2%E", ,$ +"*E*P% 3, ),.;8*/ ,/ $%2 +,"".+%".%2 %471*3%2 1%" c2"*,$' >?2 /"%?&52%5."2 (0 @&(,2$%2 `WaV5b' H++1'ZZdddI *$P*;,,"*I4%8Z1"%&"*88,2Z",E,$*"4H.+,4+7",ZWaV5ZaeZ*"4H.+,4+7",F?.%$,/4,F WaV5eWfVV6ggee5hh55IH+8$ `4%/27$+*3% ,/ S,E","% 3, WaV5bI
!"#$%&%' )*$+," -.&/%$%0 1,/2*3%" 3,24%$%/.*$
V6
O2 1",4.2*8,/+, ,/ $* S"%/+,"* 3%/3, /*4.# $* .3,* 3, 4%81.$*" ,2+* */+%$%&G*I i* /,4,2.3*3 3, H*4," ,2+, $.E"% 27"&.# *$ 4%/S"%/+*" $*2 ",*$.3*F 3,2 3, ^.73*3 j7L",;0 $* ,/4*"/*4.#/ 8.28* 3, $* $$*&* @7, 2,1*"* ,$ J%"F +, 3,$ R7" 3,$ 87/3%I J% 17,3, H*E," 8,P%" &,%&"*SG* 1*"* ,/+,/3," $* 1,"+./,/4.* 3, $* %14.#/ 3,24%$%/.*$I i* S"%/+,"* ,/+", ^.73*3 jY*",; : O$ !*2% `\,M*2b ,2 7/ $7&*" .3,*$ 1*"* .817$2*" 7/ 1"%:,4+% 3, +*/ ,/Q"&.4*2 .81$.4*4.%/,2 1%$G+.4*2 : ,1.2+Q8.4*2I J% 1%3"G* 2," 3, %+"* S%"8*I i* %14.#/ 3,24%$%/.*$ ,2 7/* 8*/,"* 3, 2," : 2,/+." @7, /*4, 3,0 1%" : 1*"* $%2 %($72$#7(' 72 ,# 5&2""#0 ,2%2 @7, 4*3* 3G* $$,&*/ * j7L",; ",4$*8*/3% 27 $7&*" ,/ 7/ 87/3% @7, 2, ,81,T* ,/ ",4H*;*"$%2I kl7.Q/,2 2%/0 ,/+"*F 3% ,$ 2.&$% xxi, $%2 <4%/3,/*3%2B 3, $%2 @7, :* H*E$*E* m"*/+; m*/%/ H*4, 8L2 3, ga *T%2n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i*+./* @7, ,/ $*2 4H*E%$*2 : $%2 E*"".%2 3, $* 1"%1.* O7"%1*I R," : *4+7*" 3,24%$%/.*$8,/+, 2.&/. 4* *$&% 8L2 @7, 1%2+7F "* ./+,$,4+7*$I O2 */+, +%3% 7/ 4%81"%8.2% ,/ 1%2 3, ",2.&/. 4*" $* 3.&/.F 3*3 : $* P72+.4.*I
)I -I0 1,/2*3%" 3,24%$%/.*$ 9 )*$+," -.&/%$% `/*+7"*$ 3, ^%""*$ 3, ]72+%20 !*81* o"./&* 3, $* 9"F &,/+./*b $% */.8* 7/* 1,"21,4+.?* 1$*/,+*".*I [E2,"?* : ,M1$.4* ,$ ,2+*3% 3, 4%2*2 3,23, ,$ R7" 3,$ 87/3% : :* /% 2%$% 3,23, 98Q".4* i*+./*0 4%8% *4%/2,P*"G* ,$ 2.2+,8* 7/.?,"2.+*".% : 272 *4*"+%/*3*2 3.?.2.%/,2 &,%&"L F 4*2I R,8,P*/+, ./27E%"3./*4.#/ ,81.,;* * ",/3." S"7+%2I R72 $,4+%",2 $$,&*/ 3,23, $7&*",2 3, 3.SG4.$ *44,2% 1*"* $%2 1,/2*3%",2 /*4.3%2 ,/ $.2'5"# 98Q".4*I O24".E.8%2 2%E", 7/ ?.*P,"% +,/*;I ]7,/* 1*"+, 3, 27 +.,81%
%$ V5
)*$+," XI -.&/%
%$3,3.4* * ,2+*E$,4," 3.L$%&%2N $% 8.28% ,/ ^H./* @7, ,/ R73LS".4*0 ,/ ]"*2.$ @7, ,/ ,$ _,./% K/.3%0 ,/ ]%$.?.* @7, ,/ $%2 !*G2,2 ]*P%20 ,/ _72.* @7, ,/ O21*T*0 ,/ -*""7,4%2 @7, ,/ -%$3*?.*I ^%/ $* 1%17$*".3*3 $$,&*/0 4%8% ,2 3, 271%/,"0 $%2 *3?,"2*".%2I 9$&7/%2 3, ,$$%2 2, *&"71*/ ,/ 98Q".4* i*+./* : $,2 *.&, $* 4",4.,/+, 1"%:,44.#/ ./+,"/*4.%/*$ 3, )*$+," -.&/%$%I i% *472*/ 3, 4%/2+"7." 27 S*8* 4%8% ",1",2,/+*/+, 3, -# A"#$ %(;#"%# +"*E*P*/3% ,/ 7/* 7/.?,"2.3*3 */&$%2*P%/* 3, Q$.+, : ,24".E.,/3% ,/ ./&$Q2I i, ",4$*8*/0 .&7*$8,/+,0 ,$ H,4H% 3, H*E," *3%1+*3% 4%/4,1+%2 ,8*/*3%2 3, $* ",*$.3*3 $*+./%*8,".4*/* 2./ 1,3." 1,"8.2% 1".8,"% WI -.&/%$% ",21%/F 3, * 272 8*$@7,".,/+,2' G4+%" ]%"&,0 ,$ H78%".2+* 3*/Q20 2*EG* 3, @7Q 2, +"*+*E*' p,$ ./&$Q2 /% ,2 8. $,/F &7*q0 2%$G* 3,4."0 p:% 2.81$,8,/+, $* 72%qB `^*"E*$$% : -.&/%$%0 WaVW' W5ebI 9$&% 8L2' ,/ 27 *1*"*+% 4"G+.4% 3,P* E.,/ 2,/+*3*2 272 S7,/+,2N ",4%F /%4, ,24"717$%2*8,/+, ,$ 8Q".+% *P,/%I J% 2%/ 1%4%2 $%2 1,/2*3%",2 3, $* ",&.#/ @7, H*/ &*/*3% ?.2.E.$.3*3 &"*4.*2 * $%2 E7,/%2 % 4.%2 3, )*$+," -.&/%$%I U%: $* +,%"G* 2%4.*$ ,8*/*3* 3, $* ,M1,".,/4.* $*+./%*8,".4*/* ,2 +%8*3* ,/ 2,".% 1%" 1"%1.%2 : ,M+"*T%2I C* /% 2, $* 17,3, 3,24*"+*" 3, 7/ 1$78*;% % ",374."0 4%8% ,/ +*/+*2 %4*2.%/,20 * 7/* /%+* * 1., 3, 1L&./*I O2* ,2 7/* 3, $*2 E*+*$$*2 ,/ $*2 @7, /7,2+"% ,24".+%" H* 1*"+.4.1*3% ./S*+.F &*E$, : ?.4+%".%2*8,/+,I
WI >Q*2, 3, $* H.2+%".*3%"* R.$?.* _.?,"* ^72.4*/@7. `WaVWb ,$ +,M+% ,/ ./&$Q2 17E$.4*3% 1%" 7/* ",?.2+* ,3.+*3* &"*4.*2 * $%2 *721.4.%2 3, $* K/.?,"2.3*3 3, X7r,I 92.8.28%0 $* */F +"%1#$%&* ./&$,2*0 */4*3* ,/ ]%$.?.*0 9$.2%/ R1,33./& !*$$,+ `WaVVb0 2*4# 7/ 1,@7,T% $.E"% ,/ ,21*T%$ ,/ @7, $, ,/8.,/3* $* 1$*/* * 1,/2*3%",2 3,24%$%/.*$,2 4%8% 9/GE*$ l7.P*/%0 J,$2%/ -*$3%/*3%F\%"",2 : ,$ 1"%1.% -.&/%$%I >Q*2, +*8E.Q/ $* ?,3*3* ",S,F ",/4.* * -.&/%$% : 27 2717,2+% 1*4H*8*/.28% 3, !*E$% R+,S*/%/. `WaVVbI >*$, +*8E.Q/ 4%/27$+*" $* 4"G+.4* 3, 8*:%" 4*$*3% +,#".4% H,4H* 1%" j%2Q -*7".4.% X%8./&7,2 `Waafb : $* ",217,2+* 3, -.&/%$% `Waafb *$ +,M+% 3,$ 2%4.#$%&% E"*2.$,T%I o72+*?% i./2 _.E,."% `WaVVb 17E$.4# 7/ +,M+% ./+,",2*/+, ,/ ,$ @7, 47,2+.%/* +*/+% *$ 1%24%$%/.*$.28% 4%8% $* 3,24%$%/.*$.3*3 1*"* 3*" 47,/+* 3, $* 2.+7*4.#/ H.2+#".4* E"*2.$,T*I O37*"3% _,2+",1% : 9M,$ _%P*2 `WaVab H*4,/ 7/ ",4%"".3% 1%" $%2 ",1*"%2 @7, H* ",4.E.3% ,$ 1,/2*8.,/+% 3,2F 4%$%/.*$ ,/ +%"/% * <$*2 +,"&.?,"2*4.%/,20 $.8.+*4.%/,20 $.8.+*4.%/,2 4%/4,1+7*$,2B `?Q*2, ,$ %4+*?% 4*1G+7$%b0 1L&./*2 3, ./+,"Q2 1*"* *@7,$$%2 ./+,",2*3%2 ,/ $%2 3,E*+,2 *4*3Q8.4%2 ,/ +%"/% * $* %14.#/ 3,24%$%/.*$I
!"#$%&%' )*$+," -.&/%$%0 1,/2*3%" 3,24%$%/.*$
Vg
X, 7/ +.,81% * ,2+* 1*"+,0 2%/ $%2 ,7"%1,%2 $%2 @7, 2, 3*/ 1%" *$73.3%2 : 4%/+"*+*4*/ 4%/ ?."7$,/4.* $*2 %E2,"?*4.%/,2 3, -.&/%$%I i, ",4$*8*/ 27 S*$+* 3, ",21,+% *$ *E%$,/&% ./+,$,4+7*$ 3,$ 4%/+./,/+,I i,2 8%$,2+* 27 ."",F ?,",/4.* */+, ,$ 7/.?,"2*$.28% @7, 3,E,"G* 7/."/%2 ,/ 7/ 8.28% 1$*/% 3, $74H* 2%4.*$0 3, ,21,"*/;* ,8*/4.1*3%"*I _G,/ /,"?.%2%2 */+, 272 ./?,4+.F ?*2 4%/+"* ,$ <,7"%4,/+".28%BI R./ ,8E*"&%0 ,$ *"&,/+./% ,2+L ,81,T*3% ,/ $$,?*" *3,$*/+, $% @7, ,$ $#2%S% *S"%*8,".4*/% i,d.2 o%"3%/ `WaVWb $$*F 8* <7/ 4*8E.% ,/ $* &,%&"*SG* 3, $* "*;#/BI O$$% .81$.4*0 ,/+", %+"*2 4%2*20 3*" ?.3* * 7/ $,/&7*P, 4*1*; 3, ,/4*"*"2, 4%/ $*2 &"%2,"*2 *2.8,+"G*2 ,/ $* 3.2+".E74.#/ 87/3.*$ 3,$ 1%3,"I 92.8,+"G*2 @7, /% 2%$% 2, 8*/. ,2+*/ ,/ $* 1%$G+.4* : $* ,4%/%8G*0 2./% @7,0 3.2.87$*3*8,/+,0 2%E",?.?,/ ,/ $* 4.,/F 4.*0 ,$ *"+, : $* ",$.&.#/I i* 8.2.#/ 3,$ *4+.?.2+* 3,24%$%/.*$ 1*2* 1%" 1$7"*F $.;*" ,$ 4*81% 3,$ 4%/%4.8.,/+% : $* 2,/2.E.$.3*3 +*/+% ,/ ,$ L8E.+% 3, $*2 1"L4+.4*2 4%8% ,/ ,$ 3, $*2 4",,/4.*2 6I !%" ,$ 8%8,/+%0 @7,",8%2 2.+7*" ,$ 1,/2*8.,/+% 3, )*$+," -.&/%$% 4%/ 4,$,".3*3N :* H*E"L ,21*4.% ,/ ,2+, $.E"% 1*"* ,/8,/3*" $* *"E.+"*".,3*3 3, /7,2+"*2 1".8,"*2 %"*4.%/,2' Vb i* <4%$%/.*$.3*3B ,2+L ./3.2%$7E$,8,/+, $.&*3* * $* 4",*4.#/ : ,$ 3,F 2*""%$$% 3,$ 87/3% 8%3,"/%I O/ %+"*2 1*$*E"*2' ,2 4%/2+.+7+.?* 3, $* 8%3,"/.3*3 : /% 7/% 3, 272 1"%374+%2 3,".?*3%2I k9 @7Q /%2 ",S,".F
6I !*"* ,/+"*" 3, $$,/% ,/ ,$ 3,E*+,0 ?Q*2, ,$ *"+G47$% 3, )*$+," -.&/%$% `WaVVb 1*"* /,B#=228 "# ($,&$2'
Ve
Wb
6b
5b
gb
)*$+," XI -.&/%
%$8%2 4%/ <4%$%/.*$.3*3Bn kX, @7Q /%2 2."?, ,$ /,%$%&.28% 17,2+% ,/ 4."47$*4.#/ 1%" 9/GE*$ l7.P*/%n i* 4%$%/.*$.3*3 2, S7/3* ,/ $* 4$*2.F 4*4.#/ "*4.*$ZQ+/.4*Z2,M7*$ 3, $%2 2,",2 H78*/%2I O2+* 4$*2. 4*4.#/ H* 2.3% 2%1%"+, 3, $* $#&.4* .81,".*$ : H* 2%E",?.?.3% * $*2 3.S,",/+,2 ,/4*"/*4.%/,2 H.2+#".4*2 3,$ 4%$%/.*$.28%I X,E, 3,4."2, @7, -.&/%$% 2, 1"%172%0 H*4, 3Q4*3*20 H*4," 1*+,/+,2 $%2 $,&*3%2 4%$%/.*$,20 ,2%2 @7, 1,"37"*/ 3,23, ,$ 2.&$% xvi , ./7:,/ 3,4.2.?*8,/+, ,/ $* *4+7*F $.3*3I O$ 47,2+.%/*8.,/+% @7, 27E:*4, * $* ,M1*/2.#/ ,7"%1,* 1%" ,$ 87/3%I O2+* 3.21,"2.#/ 7/.?,"2*$.;# 7/* H.2+%".* $%4*$ `$* 27:* 1"%1.*b0 *$ +.,8F 1% @7, 2.$,/4.# % 3,?*$7# +%3*2 $*2 3,8L2I O/ ,2, 2,/+.3%0 3,E,8%2 1,/2*" $* 8%3,"/.3*3 4%8% 7/ 1"%:,4+% 4.?.$.;*+%".%N ,2 3,4."0 ,8./,/F +,8,/+, 4%$%/.*$I 9 -.&/%$% $, &72+* 72*" $* 2.&7.,/+, .8*&,/' $* 4%$%F /.*$.3*3 ,2 $* $#&.4* 3,$ 87/3% *4+7*$N $* 8%3,"/.3*3 : 272 1"Q3.4*2 3, 2*$?*4.#/ 2%/ +*/ 2%$% 27 ",+#".4*I X,+"L2 3, 4*3* ,/7/4.*3% 3, ,8*/4.F 1*4.#/ @7, 1"%1%/, $* 8%3,"/.3*30 H*: 7/* *44.#/ 3, 3%8./.% : %1",F 2.#/ 4%/ @7, *?*/;* $* 4%$%/.*$.3*3I 98Q".4* i*+./* ,2 7/* ./?,/4.#/ 3,$ 4%$%/.*$.28% ,M+,"/% , ./+,"/%I i* <8%3,"/.3*3B : ,$ <3,2*""%$$%B 2."?,/ 4%8% 1"%8,2*2 2.,81", ,247"".F 3.;*2I 9H%"* E.,/0 -.&/%$% ,2 4%/24.,/+, 3, @7, ,/ $* <./?,/4.#/B 3, 98Q".4* 2, ,/47,/+"*/ $*2 4$*?,2 1"%S7/3*2 ,/ $*2 @7, 2, S7/3* ,$ 87/F 3% 8%3,"/%Z4%$%/.*$I O/ 27 H.2+%".* : 272 $74H*2 2%4.*$,2 H*: ,/2,T*/F ;*2 3, ?*$%" ./4*$47$*E$,I i* /7,2+"* ,2 7/* Q1%4* 3, 4*8E.% &,%1%$G+.4%I i%2 ,2+*3%2 H*2+* *H%"* 1,".SQ".4%2 ?*/ *3@7.".,/3% 7/ 1*1,$ 3, 1".8,"G2.8* .81%"+*/4.*I i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j7L",;0 $%2 ,S,4F +%2 3, 3.4H* 1%$G+.4*' ?.%$,/4.* ,M*4,"E*3* : ,21,4+*47$*"0 4".8./*$.3*3 &*$%1*/+,0 E*/4*""%+* 3, $*2 $.E,"+*3,2 1YE$.4*2 3, $*2 @7, 2, 7S*/*E* ,$ <87/3% 4.?.$.;*3%B0 8.&"*4.%/,2 8*2.?*20 4%$*12% 8,3.%*8E.,/+*$ :
!"#$%&%' )*$+," -.&/%$%0 1,/2*3%" 3,24%$%/.*$
Vh
1%E",;* &,/,"*$.;*3*I O/ ,2+, 4%/+,M+%0 $* &7,""* 2, 4%/4.E, .$.8.+*3*I J% +.,/, ",2+".44.%/,2 : +%3%2 2%8%2 1%+,/4.*$,2 ,/,8.&%2I eb i* 1%$G+.4* 3,24%$%/.*$ /% 2%$% ".T, 4%/ $* 8*+".; 4%$%/.*$ 3,$ 1%3," : $, ",1"%4H* 272 .//,&*E$,2 4%2+%2 H78*/%20 2./% @7, 3.247+,0 +*8E.Q/0 4%/ ,$ $QM.4% $%2#4% : 4.,/+G 4% H,",3*3% 3, $* +"*3.4.#/ ,7"%1,* : 4%/F 2.3,"*3% ,$ Y/.4% 1,"8.+.3% 1*"* 1,/2*" : H*4," 1%$G+.4* 37"*/+, $%2 +",2 2.&$%2 */+,".%",2I O2 /,4,2*".% ,81",/3," 7/ 3,28*"@7,0 7/ 3,21",/3.F 8.,/+% 3, ,2+* +"*3.4.#/ ./+,$,4+7*$ 2. ,2 @7, @7,",8%2 .8*&./*" .$ ;.$7( 2$ 2, D.2 D.24#$ ;.%?(' ;.$7('I i* +*",* 3,$ 1,/2*3%" 3,24%F $%/.*$ ,2 *:73*" * 1"%1%/," 7/ ?%4*E7$*".% @7, /%2 1,"8.+* ." 8L2 *$$L 3, $* $%2%SG* 1%$G+.4* %44.3,/+*$N @7, *:73, * 3./*8.;*" 7/* 4%/?,"2*F 4.#/ @7, ,2+L *1,/*2 ,/ 272 ./.4.%2I hb i* 3,8%4"*4.* :* /% 17,3, 2," 3,8%4"*+.;*3*I X,E, 2," 3,24%$%/.;*3*I J% ,20 1%" ,P,81$%0 ,$ Y/.4% 4%/4,1+% @7, 27E278, S%"8*2 ?*$.3*2 3, 2%4.*E.$.3*3I X,24%$%/.;*" $* 3,8%4"*4.* 2.&/. 4* ",374."$* * 272 P72+%2 : ",&.%/*$,2 +Q"8./%2I O2 ./3.21,/2*E$, 1,"8.+." @7, %",;4*/ %+"*2 4%/4,14.%/,2 3, $% @7, 17,3,/ 2," 4%87/.3*3,2 *"8#/.4*20 1*4G 4*2I O2+*2 4%/4,14.%/,2 :* 2, 3.247+,/ 4%/ ./2.2+,/4.*' R78* v*d2*: `$%2 9/3,2b0 ^*"*4%$,2 `^H.*1*2b0 U, `^H./*b0 KE7/+7 `yS".4* R7E2*H*F ".*/*b0 RH*"G* `,$ .2$*8bI O/ $* ?.*E.$.3*3 3, %+"*2 S%"8*2 3, .8*&./*" ,$ &%E.,"/% : $* P72+.4.* "*3.4* 7/* 3, $*2 +*",*2 S7/3*8,/+*$,2 3, $* 2%4.,F 3*3 1%$G+.4* &$%E*$I xb O$ *"+, ,2 7/ 8.4"%4%28%2 3, $* 4%/ .4+.?.3*3 4%/+,81%"L/,*I i* ,2+QF +.4* ",?,$* 4%/ 1",4.2.#/ ,$ 4*".; 4%$%/.*$ 3, $* $%2%SG* 4%/+./,/+*$I X,23, ,$ 2.&$% xviii 2, H* 3*3% * $* +*",* 3, 3%8,2+.4*" : 4%/2+",T." $* #2'5?2'&'0 ,/+,/3.3* 4%8% ,$ ,/%"8, *E*/.4% 3, $*2 1,"4,14.%/,2 2,/2%F ".*$,2I U*4," $* 4"G+.4* 3, $* ,2+Q+.4* ,@7.?*$, * 4%/+".E7." * $* 3,24%$%/.F ;*4.#/ 3,$ 2,"0 ,$ 2*E," : ,$ 2,/+."I >*$, *T*3." $% 2.&7.,/+,' ,$ *"+, /% 2%$% ",?,$* $* H,".3* 4%$%/.*$0 2./% @7, 17,3, 4%/+".E7." * 27 2*/*4.#/I
9/+%$%&G*0 8*/7*$ 3, 72% O/ ,2+* */+%$%&G* 2, ",4%&,/ ,/2*:%2 @7, 4%./4.3,/ ,/ ,$ +.,81% 4%/ $*2 8%/%&"*SG*2 17E$.4*3*2 1%" )*$+," -.&/%$% ,/ $*2 Y$+.8*2 3%2 3Q4*3*2' >?2 :#"E2" F&72 (0 5?2 32$#&''#$%2G -&52"#%HI >2""&5("&#,&5H #$7 *(,($&=#8 5&($ `1,/2*8%2 ,/ $* ?,"2.#/ 4%"",&.3* : *78,/+*3* ,/ Waa6bN 1&'5("&#'
Vx
)*$+," XI -.&/%
%$,(%#,2'J7&'2<(' A,(+#,2'K *(,($&#,&7#7I %($(%&;&2$5(' '.+#,52"$(' H 42$8 '#;&2$5( 0"($52"&=( `Waa6bN >?2 :#"E2" F&72 (0 L2'52"$ M(72"$&5HG N,(+#, !.5."2'I :2%(,($&#, O45&($' `WaVVb0 +G+7$%2 @7, H*/ +,"8./*3% 1%" S%"8*" 7/* +".$%&G*I \*8E.Q/ 2%/ 4%/+,81%"L/,%2 3, -# P72# 72 /;Q"&%# -#5&$#
`Waahb w7/ $.E"% 3, 4%8E*+, @7, H* 4%/+".E7.3% * ",1,/2*" $* H.2+%".* <.E,F "%*8,".4*/*Bw0 : 3, -2#"$&$A 5( R$,2#"$G :2%(,($&#, 32 2%5&($' 0"(; 9.8 "#'&# #$7 5?2 /;2"&%#' `WaVWb0 ,24".+% *$ *$.8#/ 4%/ $* ./?,2+.&*3%"* "72* -*3./* >I \$%2+*/%?*I O/ 3,/.+.?*0 ,/ ,2+* */+%$%&G* 2, ",4%&,/ $%2 1"./4.1*$,2 +,M+%2 3, )*$+," -.&/%$% 4%8% 1,/2*3%" 3,24%$%/.*$0 ,24".+%2 ,/+", Vfff : WaV50 $%2 Y$+.8%2 Vg *T%2 3, 27 1"%3744.#/ ./+,$,4+7*$I O$ $,4+%" /% ,/4%/+"*"L *@7G ,2+73.%2 3, 2,8.#+.4* /. ,/2*:%2 2%E", $* $.+,"*+7"* $*+./%*8,".4*/* 3,$ 2.&$% xx0 4*81%2 ,/ $%2 @7, ,2+*E$,4.# 27 1",2+.&.% *4*3Q8.4% ,/ m"*/F 4.* : $%2 O2+*3%2 K/.3%2 37"*/+, $%2 *T%2 %4H,/+* 3,$ 2.&$% 1*2*3%I \*8F 1%4% 2, ",4%&,/ ,/ ,2+, $.E"% 272 3,4.2.?*2 ./?,2+.&*4.%/,2 2%E", $* 4%/F @7.2+* : 4%$%/.;*4.#/ 3, $* J7,?* O21*T*I \"*E*P%2 @7,0 P7/+% * $%2 ",*$.;*3%2 1%" R,"&, o"7;./2r.0 *:73*"%/ * 3*"$, 7/* /7,?* %".,/+*4.#/ * $* ./?,2+.&*F 4.#/ 2%E", ,$ -QM.4% /%?%H.21*/%0 H*2+* ,/+%/4,2 7/* 1"%?./4.* 3,$ 4%/%F 4.8.,/+% 8L2 E.,/ */@7.$%2*3*I i* ,2+Q+.4* ,2 7/ *27/+% @7, H* 1",%471*3% * /7,2+"% *7+%" 3,23, 2.,81", : *$ @7, H* 3,3.4*3% 3.?,"2%2 ,2+73.%2 ,/ $%2 Y$+.8%2 *T%2I R72 ,/2*:%2 2%E", *"+,2 ?.27*$,2 : ,2+Q+.4* 2%/ 1"%374+% 3, 272 ",,M.%/,2 3,4%$%/.*$,20 3, *HG @7, 2,*/ ./4$7.3%2 ,/ ,2+, 4%81,/3.% 4%8% 7/ *27/+% 3, 1".8,"G2.8* .81%"+*/4.*I i* 8*:%" 1*"+, 3, $%2 +,M+%2 *@7G ",7/.3%2 S7,"%/ ,24".+%2 ,/ ./&$Q2I ^%/ ,$ 1*2% 3, $%2 8,2,2 2, +"*37P,"%/ *$ 4*2+,$$*/% : *1*",4.,"%/ ,/ ",?.2F +*2 ,21,4.*$.;*3*2 3, 98Q".4* i*+./* : O21*T*I J%2 ",S,".8%2 * 17E$.4*F 4.%/,2 4%/ +."*P,2 ",374.3%2 : 3.2+".E74.#/ 4."47/24".+* * 4.,"+*2 L",*2 &,%F &"L4*2I O/ *$&7/%2 4*2%2 ,2%2 ,/2*:%2 17,3,/ ,/4%/+"*"2, ,/ c/+,"/,+I R7 3.2+".E74.#/ H* 8,P%"*3% 272+*/4.*$8,/+,0 1,"% 2.&7,/ *""*2+"*/3% 1"%E$,F 8*2I !%" ,P,81$%' $* 8*:%"G* 3, $*2 +"*3744.%/,2 2, H.4.,"%/ 4%/ 4,$,".3*3 : 2./ $* ",?.2.#/ 3,$ *7+%" wH%8E", @7, 1.,/2* : ,24".E, ,/ ,21*T%$wI O2+* ,3.4.#/ /%2 H* E"./3*3% $* %1%"+7/.3*3 /% 2%$% 3, P7/+*" +,M+%2 3.21,"2%2 `, .81",24./3.E$,2b0 2./% 3, 4%/+*" 4%/ $* 1%"8,/%".;*3* ",?.2.#/ 3, -.&/%$%I R, H* 17$.3% : 7/. 4*3% ,$ ,2+.$% 3, 4*3* 7/% 3, $%2 ,24".+%2 :0 8L2 .81%"+*/+, *Y/0 2, H* 1"%4,3.3% * *4+7*$.;*"$%2I O/ ,2, 2,/+.3%0 $* */F +%$%&G* @7, ,$ $,4+%" +.,/, ,/+", 272 8*/%2 ,2 ,$ 1".8," ,2S7,";% ",*$.;*3% H*2+* $* S,4H* 1%" ",4%1.$*" $*2 4%/+".E74.%/,2 3, )*$+," -.&/%$% * $* +,%F "G* 2%4.*$ 4%/+,81%"L/,*I
!"#$%&%' )*$+," -.&/%$%0 1,/2*3%" 3,24%$%/.*$
Vf
X.?.3.8%2 ,2+, ?%$78,/ ,/ 4./4% 2,44.%/,2 : 7/ ,1G$%&%' ib -%3,"/.F 3*3Z4%$%/.*$.3*3N iib ^%/%4.8.,/+% : 3,2%E,3.,/4.* ,1.2+Q8.4*N iiib m.P*/F 3% 1%2.4.%/,2N ivb U*4.* 7/* 1%$G+.4* 3,24%$%/.*$ : vb O2+Q+.4*2 3,24%$%F /.*$,2I ^*3* *1*"+*3% 2, *E", 4%/ 7/* ,/+"*3* 3%/3, ,$ *7+%" ,M1$.4* ,$ 4%/+,M+% ,/ ,$ @7, $%2 4*1G+7$%2 S7,"%/ ,24".+%2 : 17E$.4*3%2 1%" ?,; 1".8,F "*I 9$ /*$ 3, $*2 7/.3*3,2 2, ./4$7:, 7/* ,/+",?.2+* ,/ $* @7, 3.S,",/+,2 ./+,"$%47+%",2 ./?.+*/ * -.&/%$% * 4$*". 4*" 272 .3,*20 3.*$%&*" 4%/ 3.2+./F +*2 ",*$.3*3,2 : ?*".*3*2 +"*3.4.%/,2 ./+,$,4+7*$,2 : 1%$G+.4*2I i* ./+,/4.#/ 3,$ ,1.$%&% w+,M+% ,24".+% ,M1"%S,2% 1*"* ,2+, ?%$78,/w ,2 8."*" H*4.* ,$ S7+7"%0 *3?,"+." $% @7, 2.&7, 1*"* ,$ 1,/2*8.,/+% : $* *44.#/ 3,24%$%/.*$I !*"* ,2+* */+%$%&G* *3%1+*8%2 $* S#"87$* @7, ,$ 1"%1.% -.&/%$% 7+.$.;# ,/ >?2 :#"E2" F&72 (0 L2'52"$ M(72"$&5H0 ./21."*3* ,/ $%2 ,2@7,8*2 3,$ P*;;' 4.,"+%2 S"*2,%20 *$&7/%2 +,8*2 4*1.+*$,20 *1*",4,"L/ 7/* : %+"* ?,; ,/ 4%/F +,M+%2 *$&% 3.2+./+%2I O$$% *:73*"L * @7, ,$ $,4+%" 4%81",/3* $% @7, ,2 ?,"3*3,"*8,/+, 8,37$*" : ?,*0 3, 1*2%0 $%2 3.?,"2%2 8*+.4,2 1$*28*3%2 ,/ 272 ,/2*:%2I
!"#$%&% !"#$%& () *+,-.#.
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
LM]
^*$,/+ T> Y0&2%
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` $%( -.B$/( ,0/2/2 -0/+,%( ".,%( 1/ -%2,*-,% "/+% ,*=80J2 1/ 104/+&/2-0*(> : ,%1% /$$% 1/8/ (.=*+(/ $* 2%,* "%(0,04* 1/$ (.+&0=0/2,% 1/ 26&+@" /2 a+/-0* 9 A.3%B.5 /2 !("*A*> :=8%( "+%9/-,%( "%$#,0-%( ;./+%2 -+/*1%( "%+ $* ?.#+$+@"=+C- 3% #" 5.=+%3"3 =+D+#3 1/ $%( 9 $*( 0210&2*1*( @./ -+/*+%2 /$ $01/+*O&% "%$#,0-%3 .2% 9* /2 /$ a%6 80/+2% 1/ a+/-0* 9 /$ %,+% -%2 /2%+=/( "%(080$01*1/( 1/ N*-/+ $% =0(=% /2 !("*A*> b.0OB( /(,*=%( "+/(/2-0*21% /$ -%=0/2O% 1/ $* 1/(%--01/2$0O*6 -0?2 1/ !.+%"* @./3 -%=% /( 1/ /("/+*+3 /=/+&/ /2 /$ P.+ c/$ P.+ 1/ !.+%"* 024/2,*1% /2 /$ (0&$% xviii, *$ =0(=% ,0/="% @./ /$ %+0/2,*$0(=%3 @./ (0+40? "*+* -0+-.2(-+080+ Q--01/2,/ 9 $/&0,0=*+ $%( 10(/A%( 1/ %--01/2,*$0O*-0?2 1/$ =.21%c>
U !$ =/%$$% 1/ ,%1*( /(,*( -./(,0%2/( "./1/ ;%+=.$*+(/ 1/ .2* =*2/+* (0=6 "$/C /2,+/ $%( *A%( HMGG 9 FGGG E$%( D$,0=%( MGG *A%( 1/ $* N0(,%+0* =.26 10*$I (.+&0? .2* 2./4* -040$0O*-0?2 /2 /$ "$*2/,*3 $* -040$0O*-0?2 %--01/2,*$> !(,* -040$0O*-0?2 /( .2* 01/2,01*1 -040$0O*,%+0* -.9% (.+&0=0/2,% -%02-01/ -%2 /$ d/2*-0=0/2,% /.+%"/%> :2,/( 1/ HMGG3 20 a+/-0* 20 d%=* /+*2 $*( 8*(/( 1/ ,*$ -040$0O*-0?23 "./(,% @./ ,*$ -040$0O*-0?2 2% /K0(,#*> a+/-0* 9 d%=* (/ -%240+,0/+%2 /2 "0$*+/( 1/ $* -040$0O*-0?2 %--01/2,*$ * "*+,0+ 1/ $* -%2(,+.--0?2 -040$0O*,%+0* /2 /$ d/2*-0=0/2,% 9 1/ $* 01/* 1/ .2* -040$0O*6 -0?2 @./ /(,*8* e*$ %/(,/ 1/ f/+.(*$J2g -%2 -/2,+% /2 d%=*> h%+ /(* +*O?23 dJ=0 V+*&./ EHiiFI ".1% *+&.=/2,*+ @./ !.+%"* (/ *(0/2,* /2 e$* 4#* d%=*2*g> '* -;%D" -040$0O*-0?2 (.+&0? /2 /$ "$*2/,* /2 $* -%2 ./2-0* 1/ $* /K".$6 (0?2 1/ =%+%( 9 _.1#%( 1/ $* "/2#2(.$* U8J+0-* 9 /$ e1/(-.8+0=0/2,% 1/$ \./4% Y.21%g> !(,%( 1%( *-%2,/-0=0/2,%( (%$010 -*+%2 $* ,/+-/+* -%$.=6
!"#$%&%
LMi
2*C $* N0(,%+0* $%-*$ /2 $* -.*$ $* -+0(,0*21*1 %--01/2,*$ E@./ N*8#* "/+101% (. -/2,+%3 f/+.(*$J23 /2 $*( -+.O*1*(I (/ +/-%2(,0,.9? -%2 -/2,+% /2 d%=*3 *$ e%/(,/g 1/ f/+.(*$J2> '%( -+0(,0*2%( %--01/2,*$/(3 *$ %/(,/ 1/ f/+.(*$J23 (/ /K"*210/+%2 / 024/2,*+%2 e$*( U210*( Q--01/2,*$/(g3 *$ %/(,/ 1/ d%=*` $*( eU($*( 1/$ h%20/2,/g3 ,*=80J2 1/-#*2 $%( -*(,/$$*2%(> !$ N/-N% 1/ @./ 7%$?2 -+/9/+* @./ N*8#* 1/(/=8*+-*1% /2 $*( U210*(3 9 @./ /$ "*"* :$/_*21+% vi3 *$ 02,/2,*+ -%++/&0+ /$ /2,./+,% /2 /$ j+*,*1% 1/ j%+1/(0$$*( EHLiLI $*( 1/2%=02*+* eU210*( Q--01/2,*$/(g3 *8+0? $*( "./+6 ,*( "*+* @./ /2 /$ j+*,*1% 1/ k*+*&%O* EHMFiI (/ 104010/+*2 $%( 1%=020%( /2 $%( =*+/( 1/ :(0* 8*_% $* 1/2%=02*-0?2 1/ eU210*( Q+0/2,*$/(g /2,+/ $%( =%2*+-*( 1/ h%+,.&*$ 9 !("*A*> '* ,*2 1/8*,01* -./(,0?2 /2,+/ /$ Q/(6 ,/ 9 /$ !(,/ ;./ .2* 024/2-0?2 1/$ "*"*1% 9 $%( =%2*+-*( 08J+0-%(> '* 10(,02-0?2 /2,+/ Q+0/2,/ 9 Q--01/2,/ /( .2* --0?2 %--01/2,*$3 2% .2* %26 ,%$%&#* "$*2/,*+0*> \% ;./+%2 $%( %+0/2,*$/( @.0/2/( (/ +/-%2%-0/+%2 .80-*6 1%( /2 ,*$ "*+,/ 1/$ =.21%3 (02% @./ ;./+%2 $%( @./ (/ +/-%2%-0/+%2 -%=% %--01/2,*$/( E*$ %/(,/ 1/ f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h%+ /(% ,*2,% V/0_02& -%=% '* Y/-*3 f/+.(*$J23 d%=*3 j/2%6 -N,0,$B2 % 7.O-% ;./+%2 ,%1%( /$$%( -/2,+%( -%(=%$?&0-%( c/$ -/2,+% 1/$ /("*-0% 9 /$ "+/(/2,/ /2 /$ ,0/="%c> !(,% /( $% @./ N0O% P02 /=8*+&%3 d%=* 9 $./&% /$ =/+010*2% 1/ a+//2l0-N E/2 '%21+/(I ;./+%2 $%( @./ (/ 02(,*$*+%2 -%=% -/2,+%( 1/$ =.21%> !$ -/2,+% 0="/+0*$ $% 0=".(% $* 2./4* -040$0O*6 -0?23 $* D$,0=* /2 *"*+/-/+ (%8+/ /$ "$*2/,* 9 $* "+0=/+* /2 0="%2/+(/ 9 *2.$*+ * ,%1*( $*( %,+*( -040$0O*-0%2/(> 7%2 /(,* /K"$0-*-0?2 @.0/+% "%2/+ 1/ +/$0/4/ @./ $* e/(,+.-,.+* "+%;.26 1*g 1/ $* -040$0O*-0?2 %--01/2,*$ /(,B -%2(,0,.01* "%+ $* =.#.-+"#+3"3 ` 9 (. e/(,+.-,.+* 40(08$/g3 /2 $* (."/+ -0/3 "%+ $* +/,?+0-* E/2 /$ (/2,01% 1/ 10(6 -.+(% (.*(%+0%I 1/ $* B.3%&-+3"3 > !$ "*,+?2 E% =*,+0OI -%$%20*$ 1/ "%1/+3 /2 $* ;.21*-0?2 N0(,?+0-* 1/$ -%2-/",% @./ 2%( %;+/-0? /2 .2 *+,#-.$% :2#8*$
LZG
^*$,/+ T> Y0&2%
%$b.0_*2% EHiiHIH3 /( /$ -%2-/",% ;.21*=/2,*$ 1/$ "/2(*+3 1/(N*-/+ E1/(/26 &*2-N/I 9 +/6N*-/+ E+/(.+&0+3 +/6/K0(,0+3 +//=/+&/+I 1/(-%$%20*$C $* -%$%(*$ ,*+/* 1/ 1/(N*-/+2%( 1/ $* (.8_/,0401*1 =%1/+2%[-%$%20*$ /2 $* @./ ;.0=%( *1%-,+02*1%( "*+* +/N*-/+2%( -%=% (._/,%( 1/(-%$%20*$/(> !(,* /( .2* ,*+/* 8B(0-* (02 $* -.*$ 2% N*8+B 1/(-%$%20O*-0?2 20 /-%2?=0-*3 20 "%$#,0-*3 20 +/$0&0%(*3 20 /(,J,0-*3 20 /"0(,J=0-*` (02 $* -.*$ /$ +*-0(=% 9 /$ "*,+0*+-*1%3 -%24/+,01% /2 =*(-.$0201*1 /2 /$ "+%-/(% 1/ (/-.$*+0O*-0?2 1.+*2,/ /$ (06 &$% xviii, -%2,02.*+B2 (0/21% $*( 8*(/( 1/ 5;G%=+C-3 9 $* 1/(-%$%20*$01*1 -%2(0(,0+B D20-*=/2,/ /2 .2* (/+0/ 1/ -*=80%( @./ 2% *$,/+*+B2 $%( "+02-06 "0%( ;.21*2,/( 1/ $* =%1/+201*1[-%$%20*$01*13 9* @./ $%( (._/,%( *&/2,/( 4/+B2 /2 /$$*3 /2 $* 1/(-%$%20*$01*13 .2 (0="$/ +//="$*O% 1/$ (%-0*$0(=%3 (02 1/("+/210=0/2,% 1/ $%( N%+0O%2,/( =%1/+2%( 1/ (/2,01%> !$ -%2-/",% -$*4/ /2 /$ 10(-.+(% *.,%-%2(,0,.,04% 1/ $* -040$0O*-0?2 %--01/2,*$ /( /$ 1/ e=%1/+201*1g3 $% -.*$ N* "/+=0,01% @./ /$ *.,%++/$*,% 1/ (.( *&/2,/( N*9* .(*1% /(,/ -%2-/",% /2 .2* 1%8$/ =*20%8+* 0="/+0*$C "+0=/+%3 /-N*21% /2 $*( =B+&/2/( 1/ $* .%;=;B%-% ,%1% *@./$$% @./ (/ (*$0/+* 1/$ 01/*$ -040$0O*,%+0% %--01/2,*$ c9 10&% %--01/2,*$ "%+@./ N*8#* 4*+0%( =%1/$%( -040$0O*,%+0%(C 7N02*3 U210*3 $%( +/02%( 1/ m;+0-*3 /$ U2-*2*6 ,%3 /$ Y*9*83 :2BN.*-c`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e-%$%20*$01*1g % =*,+0O -%$%20*$ 1/ "%1/+3 "%+ (. "*+,/3 1/(0&2* $* /(,+.-,.+* -%2-/",.*$ "+%;.21* 1/ $* -040$0O*-0?2
H> !(,/ *+,#-.$%C e7%$%20*$01*1 9 Y%1/+201*1[d*-0%2*$01*1g3 ".8$0-*1% /2 HiiH3 ;./ *-,.*6 $0O*1% 9 ,+*1.-01% *$ 02&$J( /2 Y0&2%$% 9 !(-%8*+ EFGGiI>
!"#$%&%
LZH
%--01/2,*$3 /(,+.-,.+* @./ &.#* $%( 10(/A%( &$%8*$/( /2 2%=8+/ 1/ 9 /2 +/6 ;/+/2-0* * $* =%1/+201*1> '* N0(,%+0* 1/ $* ,/%+#* "%$#,0-* 1/ $* !.+%"* =%1/+2* E1/(1/ Y*@.0*6 4/$%I3 -%2 (.( +/;/+/2-0*( &+0/&*( Eh$*,?2 9 :+0(,?,/$/(I3 (%$% 1* -./2,* 1/ $* N0(,%+0* /-%2?=0-* 9 "%$#,0-* 1/ $* "+%"0* !.+%"*C 1/$ "+%-/(% N0(,?+0-% 1/ $* =%1/+201*1> '% @./ @./1* /2 (0$/2-0% /( $* -%$%20*$01*13 /$ $*1% =B( %(-.+% 1/ $* =%1/+201*1> h%+ /(%3 /$ -%2-/",% 1/ -%$%20*$01*1 10;#-0$=/26 ,/ N.80/+* "%101% (.+&0+ /2 !.+%"*` (.+&0?3 "+/-0(*=/2,/3 /2 $.&*+/( 1%21/ $* =%1/+201*1 (/ =*20;/(,? -%=% -%$%20*$01*13 -%=% "+%&+/(% @./ 8*6 ++#*3 1/(40+,.*8* 9 1/4*$.*8*> '* -%$%20*$01*1 (/ =*20;/(,?3 "./(3 ;./+* 1/ !.+%"* /2 (.( 1%( "0$*+/(C /$ +*-0(=% 9 /$ "*,+0*+-*1% @./ &%8/+2*8* $*( 1/-0(0%2/( 9 $*( -$*(0 -*-0%2/( -%&2%(-0,04*(3 J,0-*(3 /(,J,0-*(3 +/$0&0%(*(3 /-%2?=0-*( 9 "%$#,0-*(3 /2,+/ %,+*(> '* -%$%20*$01*1 2% ,%-? /$ -./+"% 1/ "/2(*1%+*( 9 "/2(*1%+/( /.+%"/%(` 9 (0 $% N0O%3 ;./ 1/(1/ $* 10(,*2-0*3 /2 $* ,%=* 1/ -%2-0/2-0* 1/ $* 8*+8*+0/ 1/ $* "+%"0* -040$0O*-0?2 /.+%"/*> \% %8(,*2,/3 2% /+* "%(08$/ @./ T/(-*+,/(3 "%+ /_/="$%3 /(,.40/+* /2 $* "0/$ 1/ Q,,%8*N 7.&%*2%` * =/2%( @./ /$ -./+"% /.+%"/% N.80/+* (01% +/*$=/2,/ .204/+(*$ 9 (/ ".10/+* ,+*2(=.,*+ 9 1/_*+ (/2,0+ $% @./ (0/2,/2 $%( -./+"%( ,+*2(/K.*$/( 1/ -%$%+ ;+/2,/ * $* ,+*2(/K.*$01*1 8$*2-*> '* &/%"%$#,0-* 1/$ -%2%-0=0/2,% %3 =/_%+ *D23 1/$ (/2,0+3 "/2(*+ 9 -+//+ /( ;.21*=/2,*$ "*+* 1*+2%( -./2,* 1/ @./ $* .204/+(*$01*1 1/$ -%2%-0=0/26 ,% /( .2* --0?2 +/&0%2*$ @./ $%&+? -%24/2-/+ * =.-N* &/2,/ 1/ @./ 2% /+* .2* 024/2-0?23 (02% @./ /$ =.21% +/*$=/2,/ /+* *(#>
UU j%1% /(,% 40/2/ *$ -*(% "*+* 1/(-+080+ /$ "/+#%1% -%="+/2101% /2,+/ HMGG 9 FGGG -%=% $* %--01/2,*$0O*-0?2 1/$ =.21%> >==+3%-$"#+@"=+C- ,0/2/ *@.# .2 1%8$/ (/2,01%C "%+ .2 $*1%3 (/ +/ /+/ * $* ;.21*-0?2 N0(,?+0-*3 (.+&0=0/2,%3 -%2(%$01*-0?2 9 /K"*2(0?2 1/ $* -040$0O*-0?2 %--01/2,*$` "%+ /$ %,+%3 (/ +/ /6 +/ *$ "+%-/(% 1/ /K"*2(0?23 /2 /$ -.*$ (/ 4* &/(,*21% $* -%$%20*$01*13 $* /(6 ,+.-,.+* 1/ &/(,0?2 2/-/(*+0* "*+* =*2/_*+3 -%2,+%$*+ 9 1%=02*+ EQna%+=*23 HiMF 9 HiM]` '*,%.-N/3 Hi]iI> op @.J /( $% @./ %-.++/ * "*+,0+ 1/$ *A% FGGG3 "%+ 1*+ .2* ;/-N* *"+%K0=*1*q Q-.++/ @./3 /2,+/ HMGG 9 FGGG3 Q--06 1/2,/ E$* -040$0O*-0?2 %--01/2,*$I ;.21?3 ,+*2(;%+=?3 -%2(%$01? 9 -%2,+%$? $* =*,+0O -%$%20*$ 1/ "%1/+> '* 01/* 1/ -040$0O*-0?2 %--01/2,*$ "%+ $*( +*O%6
LZF
^*$,/+ T> Y0&2%
%$2/( *2,/( =/2-0%2*1*( 2% /( .2 =/+% $.&*+ &/%&+B -% 1/$ "$*2/,*3 (02% /$ $.&*+ &/%&+B-% -+/*1% 9 -%2(,0,.01% "%+ @.0/2/( (/ 01/2,0 -*+%2 -%2 .2 $.&*+ /2 /$ "$*2/,* @./ 2% /( &/%&+B -% (02% 01/%$?&0-% 9 "%$#,0-%> h./( 80/23 * "+02-0"0%( 1/$ (0&$% xxi Q--01/2,/ 9* 2% "./1/ -%2,+%$*+ $* =*,+0O -%$%20*$` (/ $/ /(,B /(-*"*21% 1/ $*( =*2%(> !(,*=%( *2,/ .2 -*=80% 1/ J"%-* "$*2/,*+0% 9 2% 9* /2 .2* J"%-* 1/ -*=80% /2 $* $#2/* ,/="%+*$ E9 =%+*$ 1/$ /@.0$08+0%3 "*+* -0,*+ * 7J(*+ r*$$/_%I3 /2 $% @./ ,%1% (/ (.8(.=/ /2 /$ ?.5<> !(,*=%( *2,/ /$ 1/(6-%2,+%$ "$*2/,*+0% 1/ $* =*,+0O -%$%20*$ 1/ "%1/+> '* =*20;/(,*-0?2 =B( 2%,%+0* 9 /401/2,/ /( $* 1/(%--01/2,*$0O*-0?23 @./ /( $* @./ N%9 10(".,* /$ -%2,+%$ 1/ $* =*,+0O> p * ,%1% /(,%3 [email protected] /( $* 1/(%--01/2,*$0O*-0?2q <*9 4*+0*( =*2/+*( 1/ /K"$0-*+$*> !2 /$ $/2&.*_/ 1/ $* =%1/+201*1[-%$%20*$01*13 $* 1/(%--01/2,*6 $0O*-0?2 /( $* 10(".,* "%+ /$ -%2,+%$ 1/ $* =*,+0O -%$%20*$ 1/ "%1/+ =*2,/6 20/21% $*( +/&$*( 1/$ _./&%3 "/+% 1/("$*O*21% /$ "%1/+ 1/ $*( 1/-0(0%2/( /2 $* /(;/+* 02,/+6/(,*,*$> r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
!"#$%&%
LZX
O*1%+*3 "+%&+/(0(,*3 1/=%-+B,0-* 9 1/(*++%$$0(,* 1/ $* =%1/+201*1> : "*+,0+ 1/$ *A% FGGG3 *"+%K0=*1*=/2,/3 Q--01/2,/ F 9* 2% -%2,+%$* $* =*,+0O -%$%6 20*$` 9 /(,% /( .2* 1/ $*( +*O%2/( @./ /K"$0-*2 $* 1/(02,/&+*-0?2 1/ !.+%"*3 *(# -%=% $* -+0(0( 9 "*.$*,02* "J+101* 1/ $01/+*O&% &$%8*$ 1/ !(,*1%( R201%(> '* =*,+0O (0&./ /2 "0/3 "/+% 9* 2% $* -%2,+%$* Q--01/2,/` "%+ /(% ,*=6 80J2 (/ N*8$* 1/ .2 e=.21% =.$,0"%$*+g> '%( VdU7P X (%2 .2 ".2,% =*,/6 +0*$ 9 (0=8?$0-% 1/ ,*$ 1/("$*O*=0/2,%> '* R20?2 P%40J,0-*3 /2 (. =%=/2,%3 2% ;./ .2 "+%6 -/(% 1/ 1/(%--01/2,*$0O*-0?2 c(0 80/2 10(".,? /$ -%2,+%$ N/&/=?20-% 1/$ "$*2/,* *$ -*"0,*$0(=% $08/+*$c3 9* @./ (/ =*2,.4% /2 /$ =*+-% 1/ $* =0(=* -%(=%$%&#*` ;./ /$ %,+% $*1% 1/ $* =0(=* =%2/1*C -%=.20(=% ;+/2,/ * $06 8/+*$0(=%> '* 1/(%--01/2,*$0O*-0?23 /2 -*=80%3 /( 10("/+(*3 2% N*9 .2* 01/%$%&#* %"./(,* *$ $08/+*$0(=%3 (02% -%2,+02-*2,/( -.9%( ;.21*=/2,%( 2% /(,B2 9* /2 Q--01/2,/3 (02% /2 $*( N0(,%+0*( $%-*$/( /2 $*( -.*$/( Q--01/2,/ 02,/+402% * $% $*+&% 1/ MGG *A%( c/2 /$ 1%8$/ "+%-/(% -%2(,0,.9/2,/ 9 1/(,06 ,.9/2,/ 1/ $* =*,+0Oc> h0/2(%3 "%+ /_/="$%3 /2 $* a./++* 1/$ Q"0% @./ 1/(6 *+,0-.$? $* $*+&* N0(,%+0* 1/ $* -040$0O*-0?2 -N02*> T/ /(* N.=0$$*-0?2 N%9 ,/2/=%( .2* =./(,+*C $* 1/(%--01/2,*$0O*-0?2 "%$#,0-* *"+%"0B21%(/ 1/ $*( /(,+*,/&0*( /-%2?=0-*( 1/ $* /-%2%=#* 1/$ -+/-0=0/2,% 9 $* *-.=.$*-0?2> !$ ,J+=02% 1/(%--01/2,*$0O*-0?2 ;./ 02,+%1.-01% "%+ P*=./$ <.2,02&6 ,%2 EHiiZI> 7.*21% *2.2-0? e/$ -N%@./ 1/ $*( -040$0O*-0%2/(g3 /(,/ *.,%+ *2,0-0"? @./ Q--01/2,/ *$&D2 1#* "/+1/+#* /$ $01/+*O&% (%8+/ /$ "$*2/,*3 9 1/(-+080? .2* 1/ $*( ;./+O*( 0="$0-*1*( /2 ,J+=02%( 1/ 1/(%--01/2,*$0O*6 -0?2` /( 1/-0+3 *2,0-0"*8* @./ %,+*( -040$0O*-0%2/(3 .2* 4/O 1%=/A*1*( "%+ Q--01/2,/3 9* 2% *-/",*+#*2 /(/ 1%=020%> !(% ;./ * =/10*1%( 1/ $* 1J-*1* 1/ $%( 2%4/2,* 93 /2 /(/ =%=/2,%3 2% /+* ,*2,% 7N02* $% @./ "+/%-."*8* * <.2,02&,%2 (02% /$ 0($*=> h%+ /(% ,+*O? .2* $#2/* @./ 10401#*3 "%+ .2 $*1%3 Q--01/2,/ 93 "%+ /$ %,+%3 $* -+0(,0*21*1 %+,%1%K* +.(*3 *$ 2%+,/3 9 *$ (.+ $*( +/&0%2/( 0($B=0-*(> !$ ,J+=02% ;./ *"+%"0*1% "*+* 1/(-+080+ /$ *.&/ /-%2?6 =0-% *(0B,0-% 9 $*( -%2(/-./2-0*( "%$#,0-*( 1/ /(/ *.&/ L> <.2,02&,%2 0=*&06
F> !(,*1%( R201%( 9 $%( /(,*1%( -/2,+*$/( 1/ $* R20?2 !.+%"/* =B( /$ d/02% R201%> X> VdU7PC V+*(0$3 5/1/+*-0?2 d.(*3 U210*3 7N02* 9 P.1B;+0-*> L> s0(N%+/ Y*N8.8*20 EFGG]I3 2*,.+*$ 1/ P02&*".+3 /2 (. $08+% /0% H%I J5+"- K%B+5?0%&%7 /0% L&&%5+5$+9#% 20+4$ .4 8#.9"# A.I%& $. $0% !*(, E!$ 2./4% N/=0(;/+0% *(0B,0-%C /$ 0++/(0(6
LZL
^*$,/+ T> Y0&2%
%$2*8* @./ %##.5 /2,+*+#*2 /2 .2 "+%-/(% 1/ 1/(%--01/2,*$0O*-0?2> M##.5 ,+*2(6 ;%+=*+%2 $* 1/(%--01/2,*$0O*-0?2 /2 -;%5$&. "+%9/-,% /-%2?=0-% 9 "%$#,0-%> !(,% (0&20-? /$ -+/-0=0/2,% *-/$/+*1% 1/ P02&*".+3 7%+/* 1/$ P.+3 7N02*3 U21%2/(0* 9 Y*$*(0*3 1/(%8/1/-0/21% $*( +/&$*( 1/$ 5%21% Y%2/,*+0% U2,/+6 2*-0%2*$ 9 1/$ V*2-% Y.210*$> '% @./ =/2%( 1/(/*2 /(,%( %+&*20(=%( /( @./ $* (0,.*-0?2 (/ $/( /(-*"/ 1/ $*( =*2%(> h%+ %,+% $*1%3 /$ -+/-0=0/2,% 1/ :(0* 2% N.80/+* (01% "%(08$/ -%2 e$* *9.1* "*+* /$ 1/(*++%$$%g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j.+@.#*3 $*( -%2(/-./2-0*( -.$,.+*$/( 1/ $* 1/(%--06 1/2,*$0O*-0?2 "%$#,0-* /-%2?=0-* /2 $%( !=0+*,%( m+*8/( 1/$ a%$;%3 /,-> M
UUU h/+% /(,% 2% /( ,%1%> '* %"-0?2 1/(-%$%20*$ % 1/(-%$%20*$01*1 -%/K0(,/ / 02,/+40/2/ /2 $* ,+0$%&#* 1/ $*( ,+*9/-,%+0*( &$%8*$/( N%9 9 (/&.+*=/2,/ $% N*+B * $% $*+&% 1/$ (0&$% xxi> h/+% /(,* 2% /( $* D20-* /(;/+* /2 $* @./ 02,/+6
,08$/ -*=80% 1/$ "%1/+ &$%8*$ N*-0* /$ /(,/I /$*8%+* /$ -%2-/",% 1/ 1/(%--01/2,*$0O*-0?2> h*+* .2* /$*8%+*-0?2 1/ $*( %"-0%2/( %--01/2,*$0O*2,/(3 1/(%--01/2,*$0O*2,/( 9 1/(-%$%20*6 $/(3 4J*(/ Y0&2%$% EFGHHI3 /("/-0*$=/2,/ /$ "+0=/+ -*"#,.$%3 "> Ft6tZ> M> P%8+/ $* 1/(%--01/2,*$0O*-0?2 /2 /$ B=80,% 1/$ *+,/ 9 1/ $%( =.(/%( 4J*2(/ 1%( *+,#-.$%( ".8$0-*1%( /2 L9&""@) N.-$%B?.&"&6 O+5;"# N;#$;&% +- H.&$0 J4&+=" "-3 $0% *+33#% M"5$ C ed/6!=/+&02&3 T/-/2,/+02& *21 T/$02W02&C PN0;,02& ,N/ a/%&+*"N0/( %; P/2(02&3 V/$0/6 402& *21 s2%l02&g E=*9% 1/ FGHXI EN,,"C[[lll>08+**O>%+&[/((*9([Mi[I 9 e!2*-,02& ,N/ :+-N04/3 T/-/2,/+02& ,N/ Y.(/(g E2%40/=8+/ 1/ FGHXI EN,,"C[[lll>08+**O>%+&[/((*9([ttI3 /(,/ D$,0=% ".8$0-*1% /2 /$ -*"#,.$% FG 1/ /(,/ 4%$.=/2> rJ*(/ *(0=0(=% 7%%W/ EFGHXI>
!"#$%&%
LZM
40/2/ $* %"-0?2 1/(-%$%20*$C ,*=80J2 02,/+40/2/ /2 /$ 1/8*,/ -%2 $*( %"-0%6 2/( 02(,0,.-0%2*$/( +/$0&0%(*( E-+0(,0*20(=% c02-$.01* $* -+0(,0*21*1 %+,%6 1%K*c3 0($*=0(=%3 _.1*#(=%I3 -%2 $%( (0(,/=*( 1/ 01/*( (/-.$*+/( E$08/+*$0(=%3 =*+K0(=%3 -%2(/+4*1.+0(=%I 9 -%2 $*( %"-0%2/( 10(-0"$02*+0*( E-0/2-0*( N.=*2*( 9 2*,.+*$/(3 /(-./$*( "+%;/(0%2*$/(I> '* %"-0?2 1/(-%$%20*$ -%2 6 &.+* .2* /(;/+* "*+* /$ /K0(,0+3 /$ "/2(*+ 9 /$ N*-/+ @./ "+%=./4/ 40(0%2/( 1/ 401* "$/2* 9 *+=?20-*` 1/2.2-0* $* (02 +*O?2 1/$ 1/(*++%$$% /-%2?=0-% 9 (.( -%2(/-./2-0*(C /K"$%,*-0?23 40%$/2-0*3 &./++*(3 %"+/(0?23 02_.(,0-0*( 9 1/(0&.*$1*1/( /K,+/=*(> Q8(/+4/=%( -.B$/( (%2 $%( ,+/( /(-/2*+0%( /2 $%( @./ N%9 (/ 1/("$0/&*2 ;.,.+%( &$%8*$/(C c '* +/%--01/2,*$0O*-0?2 =/10*2,/ $* -%2,02.01*1 1/$ "+%9/-,% 02-%="$/,% 1/ $* =%1/+201*1 %--01/2,*$> c '* 1/(%--01/2,*$0O*-0?2 1/2,+% 1/ $%( $#=0,/( 1/ $* =%1/+201*1 %--01/2,*$> c '* 1/(-%$%20*$01*1 /2 /$ (.+&0=0/2,% 1/ .2* (%-0/1*1 "%$#,0-* &$%8*$ @./ (/ 1/("+/21/ 1/ $* +/%--01/2,*$0O*-0?2 9 1/ $* 1/(%--01/2,*$0O*-0?2> '* +/%--01/2,*$0O*-0?2 9 $* 1/(%--01/2,*$0O*-0?2 (%2 $.-N*( @./ ,0/2/2 $.&*+ /2 $*( /(;/+*( -%2,+%$*1*( "%+ $* *.,%+01*1 9 $* /-%2%=#*> '* "+0=/+* /( /$ "+%9/-,% 1/$ "+/(01/2,/ V*+*-W Q8*=*3 @./ 8.(-* +/"*+*+ $%( 1*A%( @./ N*2 -*.(*1% a/%+&/ ^> V.(N 9 T0-W 7N/2/9 *$ $01/+*O&% /(,*1%.206 1/2(/ 9 %--01/2,*$> '* 1/(%--01/2,*$0O*-0?2 /( $* "%$#,0-* 1/ $*( "%1/+%6 (*( /-%2%=#*( /=/+&/2,/( E7N02*3 P02&*".+3 U21%2/(0*3 V+*(0$ 9 j.+@.#*3 * @.0/2/( *N%+* (/ (.=* f*"?2I> '* 1/(-%$%20*$01*1 /( /$ "+%9/-,% @./ 1/ 2/ 9 =%,04* /$ (.+&0=0/2,% 1/ .2* (%-0/1*1 "%$#,0-* &$%8*$ @./ (/ 1/("+/21/ ,*2,% 1/ $* +/%--01/2,*$0O*-0?2 -%=% 1/ $* 1/(%--01/2,*$0O*-0?2> : "/(*+ 1/ $* -%="$/_01*13 *=80&u/1*13 N/,/+%&/2/01*1 / 0="+/40(080$01*1 1/ $* &%"< #+3"3 3 +/(.$,* "%(08$/ 10(,02&.0+ -?=% (/ %+0/2,*2 $%( ,+/( "+02-0"*$/( "+%6 9/-,%( @./ -%2(,+.9/2 ;.,.+%( &$%8*$/(> !$ "/2(*=0/2,% ;+%2,/+0O% /( $* -%210-0?2 2/-/(*+0* "*+* @./ /K0(,*2 $%( "+%9/-,%( 1/(%--01/2,*$0O*1%+ 9 1/(-%$%20*$` (02 /=8*+&%3 /(,%( 10 /6 +/2 +*10-*$=/2,/ /2 (.( %8_/,04%( +/("/-,04%(> !( -%210-0?2 2/-/(*+0* "%+6 @./ *+=*+ $* 1/(%--01/2,*$0O*-0?2 0="$0-* "/2(*+ 9 *+&.=/2,*+ /2 (0,.*6 -0?2 1/ /K,/+0%+01*1 -%2 +/("/-,% * $* "+%"0* %--01/2,*$0O*-0?2 =%1/+2*> '* /K,/+0%+01*1 2% /( .2 *;./+* 1/$ -*"0,*$0(=% 9 1/ $* -040$0O*-0?2 %--01/26 ,*$3 (02% /$ "4;%&" @./ (/ -+/* /2 /$ "+%-/(% 1/ -+/*+ /$ "3%-$&.> !$ *1/2,+% 1/ $* =%1/+201*1 %--01/2,*$ N* (01% -%2(,+.01% 1/(1/ /$ d/2*-0=0/2,%3
LZZ
^*$,/+ T> Y0&2%
%$8*(*1% /2 $* 1%8$/3 (0=.$,B2/* 9 -%2,02.* -%$%20O*-0?2 1/$ /("*-0% 9 1/$ ,0/="%> !$ *2,+%"?$%&% N*0,0*2% Y0-N/$6d%$"N j+%.0$$%, EFGGFI $% /K"$0-* 1/ /(,* =*2/+*C eP0 $* =%1/+20O*-0?2 ,0/2/ @./ 4/+ -%2 $* -+/*-0?2 1/$ $.&*+ c-%=% .2* +/$*-0?2 1/2,+% 1/ .2 /("*-0% 1/ 201%c3 $* =%1/+201*1 ,0/2/ @./ 4/+ -%2 $* "+%9/--0?2 1/ /(/ $.&*+ c$% $%-*$c (%8+/ .2 ;%21% /("*-0*$ ,/?+0-*=/2,/ 0$06 =0,*1%> '* =%1/+201*1 ,0/2/ @./ 4/+ ,*2,% -%2 $* +/$*-0?2 /2,+/ /$ $.&*+ 9 /$ /("*-0%3 -%=% -%2 $* +/$*-0?2 /2,+/ /$ /("*-0% 9 /$ ,0/="%> h*+* "%1/+ "+/ 6 &.+*+ /$ /("*-0% ,/?+0-*=/2,/ 0$0=0,*1% c/2 %"%(0-0?2 *$ /("*-0% 1/2,+% 1/$ -.*$ ,0/2/ $.&*+ $* &/(,0?2c (/ 2/-/(0,* "%2/+ /$ /("*-0% /2 +/$*-0?2 -%2 /$ ,0/="% % +/=0,0+(/ * .2* ,/="%+*$01*1 D20-*3 @./ /( $* "%(0-0?2 1/$ (._/,% .80-*1% /2 /(/ $.&*+> '* =%1/+201*1 ,0/2/ @./ 4/+ -%2 /(,%( *("/-,%( 9 =%6 =/2,%( /2 /$ 1/(*++%$$% 1/$ -*"0,*$0(=% =.210*$ @./ +/@.0/+/2 $* "+%9/--0?2 1/$ (._/,% 0210401.*$ % -%$/-,04% ,*2,% (%8+/ /$ /("*-0% -%=% (%8+/ /$ ,0/="%> j0/2/ @./ 4/+ -%2 $* N0(,%+0-01*1g Ej+%.0$$%,3 FGGFI>
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h%+ $* =0(=* +*O?23 /$ =*+K0(=% (%$% (0+4/ 1/ *9.1* $0=0,*1* * @.0/6 2/( =0&+*2 1/$ =.21% 2%6/.+%"/% * !.+%"* 9 !(,*1%( R201%(> h/2(*+ /2 /K,/+0%+01*1 /K0&/ .2* /"0(,/=%$%&#* ;+%2,/+0O*> :-,.*$=/2,/3 $* /"0(,/=%6 $%&#* ;+%2,/+0O* (0+4/ ,*2,% * $%( "+%"?(0,%( 1/ $* 1/(%--01/2,*$0O*-0?2 -%=% * $%( 1/ $* 1/(-%$%20*$01*1` "/+% $* 1/(%--01/2,*$0O*-0?2 2% $$/&* ,*2 $/_%( -%=% $* 1/(-%$%20*$01*1>
!"#$%&%
LZt
!$ "/2(*=0/2,% ;+%2,/+0O% -%21.-/ * $* %"-0?2 1/(-%$%20*$3 @./ %;+/-/3 "*+* @.0/2/( 2% 2%( /2-%2,+*=%( -?=%1%( -%2 $*( %"-0%2/( /K0(,/2,/(3 .2* /(;/+* /2 $* -.*$ "%1/+ (/+6/(,*21%3 "/2(*+ 9 N*-/+ @./ 2%( (0,D* /2 $* /K0(,/26 -0* 9 /2 $* =/=8+/-#* (02 -.%,*( 1/ $* (%-0/1*1 "%$#,0-* &$%8*$` /(,* (/ 1/ 2/ /2 (.( "+%-/(%( 1/ "/2(*+ 9 1/ N*-/+3 1/(/2&*2-N*1%( 1/ $*( 02(,+.--0%2/( 1/ $*( 02(,0,.-0%2/( /(,*,*$/(3 +/$0&0%(*(3 -%+"%+*,04*(> p .2% 1/ $%( "+%9/-,%( 1/ $* (%-0/1*1 "%$#,0-* &$%8*$ /( /$ @./ -%2 &.+* $* %"-0?2 1/(-%$%20*$> '* (%6 -0/1*1 "%$#,0-* @./ /=/+&/ =.210*$=/2,/ c@./ 02-$.9/ $*( $.-N*( 1/ $%( =06 &+*2,/( @./ +/-N*O*2 (/+ *(0=0$*1%( 9 "+%=./4/2 $* 1/(-%$%20O*-0?2c -%2,06 2D* /$ $/&*1% 1/ $* 7%2;/+/2-0* 1/ V*21.2&C (0 $* 1/(-%$%20O*-0?23 1.+*2,/ $* a./++* 5+#*3 2% ;./ 20 -%=.20(,* 20 -*"0,*$0(,*3 * "+02-0"0%( 1/$ (0&$% xxi /(,* 2% /( 20 +/%--01/2,*$0O*-0?2 20 1/(%--01/2,*$0O*-0?23 (02% 1/(-%$%20*$06 1*1> '* 1/(-%$%20*$01*1 +/@.0/+/ .2* 1/(%8/10/2-0* /"0(,J=0-*3 "%+@./ /$ "/2(*=0/2,% ;+%2,/+0O% /( "%+ 1/20-0?2 "/2(*+ /2 /K,/+0%+01*13 /2 $%( /("*6 -0%( 9 ,0/="%( @./ $* *.,%62*++*,04* 1/ $* =%1/+201*1 024/2,? -%=% (. /K,/6 +0%+ "*+* $/&0,0=*+ (. "+%"0* $?&0-* 1/ -%$%20*$01*1> :N%+* 80/23 $* 1/(-%$%20*$01*1 2% /( .2 "+%9/-,% @./ ,/2&* "%+ %8_/,04% 0="%2/+(/ -%=% .2 2./4% .204/+(*$ *8(,+*-,% @./ +//="$*-/ 9 B%G.&% $* +/%--01/2,*$0O*-0?2 9 $* 1/(%--01/2,*$0O*-0?2> !( .2* ,/+-/+* ;./+O* @./3 "%+ .2* "*+,/3 (/ 1/("+/21/ 1/ *=8%( "+%9/-,%( 93 "%+ %,+*3 +/-$*=* (. "*"/$ * $* N%+* 1/ -%2(,+.0+ ;.,.+%( @./ 2% "./1/2 (/+ *8*21%2*1%( 20 /2 =*2%( 1/ $* +/%--01/2,*$0O*-0?23 20 * $%( 10(/A%( 1/(%--01/2,*$0O*1%+/(> T/(-%2%O-% (0 /2 /(,/ =%=/2,% $* +/%--01/2,*$0O*-0?2 *("0+* * =*2,/2/+ $*( --0%2/( 1/$ 2%+,/ *,$B2,0-% .204/+(*$3 $% @./ (0&20 -*+#* =*2,/2/+ $* =%1/+20O*-0?2 9 $* =%1/+6 201*1> h*+* @.0/2/( 2% @.0/+/2 (/+ *(0=0$*1%( 20 * $* +/%--01/2,*$0O*-0?2 20 * $* 1/(%--01/2,*$0O*-0?23 /$ "/2(*=0/2,% ;+%2,/+0O% 9 $* 1/(-%$%20*$01*1 (%2 /$ -*=02% "*+* 0=".$(*+ $*( /K0&/2-0*( 9 $* 02 ./2-0* -+/-0/2,/ 1/ $* (%-0/1*1 "%$#,0-* &$%8*$> !( 1/=*(0*1% "+%2,% "*+* * +=*+ @.J (.-/1/+B "+?K0=*=/26 ,/> '% @./ N*9* @./ N*-/+ 1/ *2,/=*2% /(,B (0/21% 1/ 201% "%+ $*( ;%+=*( @./ *1%",* $* -%2;+%2,*-0?2 /2,+/ +/%--01/2,*$0O*-0?2 9 1/(%--01/2,*$0O*-0?2>
Ur '* 1/(-%$%20*$01*1 ,*$ -%=% *@.# (/ -%2-08/ 2% "./1/ (/+ .2 "+%9/-,% /(6 ,*,*$> h%+ /(%3 26&+@" 9 A.3%B.5 +/("%21/2 =B( * $%( +*(&%( 1/ $* 1/(%--06 1/2,*$0O*-0?2 @./ * $%( 1/ $* 1/(-%$%20*$01*13 *.2@./ 2% ,%1% "+%9/-,% /(6
LZ]
^*$,/+ T> Y0&2%
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j0/2/ @./ (/+ 1/(-%$%20O*6 1*> p /$$% (0&20 -* @./ $* 3%B.=&"=+"3 /2 ,*2,% @./ 2*$01*13 2% /( /$ D20-% -%2-/",% @./ (.8(.=/ 01/*$/( 1/ 401* _.(,%(3 /@.0,*,04%(3 *+=?20-%(> \0 ,*="%-% /(3 -%=% =/10%3 /$ D20-% -%2-/",% @./ (.8(.=/ ;%+=*( .204/+(*6 $/( 1/ &%8/+2*80$01*1> :$$# /(,B2 9* ,J+=02%( @./ (/ 10(-.,/2 "%+ /$ "$*2/,* /2,/+%C 5;B"1 1"I5"6 /2 /$ @.0-N.* 1/$ !-.*1%+ % 5;B" Q"B"R" /2 /$ *96 =*+* 1/ V%$040*3 ;9;-$; /2 \&.20 8*2,D EN.=*201*1 N*-0* $%( %,+%(I3 T/ =%1% @./ /$ =/2,*1% &%80/+2% 1/$ "./8$%3 "%+ /$ "./8$% 9 "*+* /$ "./8$%3 @./ (/ =*20 /(,* N%9 /2 $* &+*2 1/(-%2/K0?2 1/=%-+B,0-* /2 ,%1%( $%( /(,*1%( @./ "+/10-*2 (/+ 1/=%-+B,06 -%(3 2% (%$% 2/-/(0,* (/+ +/"*+*1%3 (02% @./ 1/8/ (/+ 1/(6.204/+(*$0O*1%3 /( 1/-0+3 1/(-%$%20O*1%> T/=%-+*,0O*+ $* 1/=%-+*-0* ,0/2/ .2 (/2,01% "*+*$/$% * N.=*20O*+ /$ -*"0,*$0(=%> !2 23 1/(-%$%20O*+ $* 1/=%-+*-0* (0&20 -* +/1.-0+$* * (.( _.(,%( 9 +/&0%2*$/( ,J+=02%(> !(,* /( .2* ,*+/* ;.21*=/2,*$ /2 $* &/(,* 1/ $* (%-0/1*1 "%$#,0-* "*+* -%2(,+.0+ -%=.201*1/( *+=?20-*( 9 "*-# -*(3 =B( *$$B 1/ $* -%$%20*$01*1 1/$ "%1/+> !2 /(,* *2,%$%&#* e/$ N%+06 O%2,/ 1/ $* *+=%2#* &$%8*$g ;.2-0%2*3 "./(3 -%=% .2* /K"+/(0?2 .,%"#(,0-*3 /2 /$ (/2,01% @./ $/ 1* U==*2./$ ^*$$/+(,/02 *$ ,J+=02%> 7%2-/"-0?2 1/$ =.21% @./ (/ *"%9* /2 .2 +%8.(,% *2B$0(0( N0(,?+0-% E$* *2*$#,0-* 1/ $* -%6 $%20*$01*1I 9 *=80-0%2* "+%-/(%( (%-0*$/(3 /-%2?=0-%( 9 -.$,.+*$/( @./ (*-.1*2 $*( -+//2-0*(3 $%( (/2,0+/( 9 $%( (*8/+/( (%8+/ $%( @./ (/ ;.21? /$ %+1/2 &$%8*$ 02_.(,% @./ *D2 "/+1.+* /2 2./(,+%( 1#*(>
r :(# "./(3 $* %"-0?2 1/(-%$%20*$ 2% /( (%$% .2* %"-0?2 1/ -%2%-0=0/2,%3 .2* %"-0?2 *-*1J=0-*3 .2* =*,/+0* 1/ %5$;3+.3 (02% .2* %"-0?2 1/ 401*3 1/ "/2(*+ 9 1/ N*-/+> !( 1/-0+3 1/ 4040+ 9 -%24040+ -%2 @.0/2/( /2-./2,+*2 @./
