PLHMVFDSXEOLNDFMDDUW\NXáyZ3RGNUHĞOLáĪHĪąGDQLH]DPLHV]F]HQLDSU]HSURVLQWDNĪHZLQQ\FKPLHMVFDFK
WMZLQWHUQHWRZ\PZ\GDQLX RILFMDOQHMVWURQLHLQWHUQHWRZHM)XQGDFMLQDIDFHERRNRZ\PIDQSDJHXX
RNLHP6RUD]QDSRUWDOXLQWHUQHWRZ\P$0 E\áR]E\WGDOHNRLGąFHDMHJRXZ]JOĊGQLHQLHQLH
VáXĪ\áRE\)XQGDFMLJG\ĪSRZRGRZDáRE\Z]URVW]DLQWHUHVRZDQLDVDP\PLSXEOLNDFMDPL
=SRZ\ĪV]\FKPRW\ZyZ6ąG2NUĊJRZ\RU]HNáMDNZSXQNFLH,,Z\URNX
$SHODFMĊRGSRZ\ĪV]HJRZ\URNXZQLRVáDSRZyGND SR]ZDQDZ]DMHPQD ]DVNDUĪDMąFJRZSXQNFLH,,
=DVNDUĪRQHPXUR]VWU]\JQLĊFLX]DU]XFLáD
, QDUXV]HQLHSUDZDSURFHVRZHJRZV]F]HJyOQRĞFLDUWNSFDUWNSFDUWNSFDUW
NSFSRSU]H]
EUDNZV]HFKVWURQQRĞFLZRFHQLHPDWHULDáXGRZRGRZHJRVSUDZ\SROHJDMąF\QDSRPLQLĊFLXRNROLF]QRĞFL
SRGQRV]RQ\FKZWRNXSRVWĊSRZDQLDĪHZREHFIXQGDWRUDWRF]\áVLĊSURFHVNDUQ\]DSU]HVWĊSF]ą
G]LDáDOQRĞüZ\áXG]HQLDLRV]XVWZD]DNWyUH]RVWDáSUDZRPRFQLHVND]DQ\ZGQLXVW\F]QLDUDGR
NWyU\FKRGQRVLáDSRZyGNDZVZRLFKDUW\NXáDFK
]DPNQLĊFLHUR]SUDZ\]XV]F]HUENLHPGODVWURQ\GRVNáDGDQLDZQLRVNyZGRZRGRZ\FKERZLHPVWURQD
]JáRVLáDQDMZDĪQLHMV]\GRZyGZSRVWDFLZ\URNXNDUQHJRVND]XMąFHJR3*SU]HG]DPNQLĊFLHPUR]SUDZ\
PLPRWRVąG]DPNQąáUR]SUDZĊLSU]\MąáGRZyGGRSLHURSR]DPNQLĊFLXUR]SUDZ\GRNWyUHJRMHGQDNZ
ĪDGHQVSRVyEVLĊQLHRGQLyVáZV\WXDFMLJG\]DPNQLĊFLHUR]SUDZ\PRĪHQDVWąSLüGRSLHURZPRPHQFLHJG\
ZV]\VWNLHRNROLF]QRĞFLVSUDZ\]RVWDá\Z\MDĞQLRQHLPRĪH]DSDĞüRU]HF]HQLHVąGRZHFRQLHPLDáRPLHMVFD
ZQLQLHMV]HMVSUDZLH
:RSDUFLXRSRZ\ĪV]H]DU]XW\SRZyGNDSR]ZDQDZ]DMHPQDZQLRVáDR]PLDQĊSXQNWX,,Z\URNXL
RGGDOHQLHSRZyG]WZDZ]DMHPQHJRHZHQWXDOQLHRXFK\OHQLHZ\URNXLSU]HND]DQLHVSUDZ\GRSRQRZQHJR
UR]SR]QDQLD6ąGRZLSLHUZV]HMLQVWDQFML $SHODFMD]DZLHUDáDWHĪZQLRVHNR]DVąG]HQLHNRV]WyZ
SRVWĊSRZDQLDDSHODF\MQHJR
:RGSRZLHG]LQDDSHODFMĊSR]ZDQ\ SRZyGZ]DMHPQ\ ZQLyVáRMHMRGGDOHQLHL]DVąG]HQLHNRV]WyZ
SRVWĊSRZDQLDDSHODF\MQHJR
8]DVDGQLHQLHSUDZQH
6ąG$SHODF\MQ\]ZDĪ\áFRQDVWĊSXMH
$SHODFMDSR]ZDQHMZ]DMHPQHMFRGRVDPHM]DVDG\QLHE\áDVáXV]QDVNXWNRZDáDMHGQDNQLHZLHONą]PLDQą
]DVNDUĪRQHJR
UR]VWU]\JQLĊFLD
=GDQLHP6ąGX$SHODF\MQHJRURV]F]HQLHSRZyGNLZ]DMHPQHM]DVDGQLF]RE\áRXSUDZQLRQH]W\PMHGQDN
]DVWU]HĪHQLHPĪHRFKURQDSUDZQDQLHPRJáDE\üUR]FLąJQLĊWDQDWU]HFLąSXEOLNDFMĊSR]ZDQHMZ]DMHPQHMWM
QDSXEOLNDFMĊ]GQLDOLSFDUNWyUHMZ\GUXN]QDMGXMHVLĊQDNDNWVSUDZ\ 1LHVSRVyEZVDPHM