,$&D3U]HVáDQNLRFKURQ\GyEURVRELVW\FK:\URN6ąGX$SHODF\MQHJRZ%LDá\PVWRNX /(;QU :\URN 6ąGX$SHODF\MQHJRZ%LDá\PVWRNX ]GQLDZU]HĞQLDU ,$&D 3U]HVáDQNLRFKURQ\GyEURVRELVW\FK 7(=$DNWXDOQD 3U]HVáDQNL RFKURQ\ GyEU RVRELVW\FK ]RVWDá\ XUHJXORZDQH Z DUW  NF 3U]HVáDQNDPL W\PL Vą LVWQLHQLH GREUD RVRELVWHJR ]DJURĪHQLH OXE QDUXV]HQLH WHJR GREUD EH]SUDZQRĞü ]DJURĪHQLD OXE QDUXV]HQLD 3LHUZV]H GZLH SU]HVáDQNL PXVL XGRZRGQLü SRZyG GRFKRG]ąF\ RFKURQ\ FR GR WU]HFLHM XVWDZD XVWDQDZLD GRPQLHPDQLH EH]SUDZQRĞFL 'RPQLHPDQLH WR MHVW Z]UXV]DOQH L SR]ZDQD Z]DMHPQD PRJáD EURQLü VLĊ Z\ND]XMąFĪHQLHG]LDáDáDEH]SUDZQLH 8=$6$'1,(1,( 6NáDGRU]HNDMąF\ 3U]HZRGQLF]ąF\ 6ĊG]LRZLH6$ 6HQWHQFMD 6ąG$SHODF\MQ\Z%LDá\PVWRNX,:\G]LDá&\ZLOQ\SRUR]SR]QDQLXZGQLXVLHUSQLDUZ %LDá\PVWRNXQDUR]SUDZLHVSUDZ\]SRZyG]WZD$0SU]HFLZNR  Z:L]SRZyG]WZDZ]DMHPQHJR  Z:SU]HFLZNR$0RRFKURQĊGyEURVRELVW\FKQDVNXWHNDSHODFMLSRZyGNL SR]ZDQHMZ]DMHPQHM RG Z\URNX6ąGX2NUĊJRZHJRZ%LDá\PVWRNX]GQLDNZLHWQLDUV\JQDNW,& ,]PLHQLD]DVNDUĪRQ\Z\URNZSNW,,RW\OHĪHQDGDMHWUHĞFLRĞZLDGF]HQLDSRZyGNL SR]ZDQHMZ]DMHPQHM QDVWĊSXMąFHEU]PLHQLH-D$0SU]HSUDV]DP  Z:]DSRPyZLHQLH]DZDUWHZWUHĞFLDUW\NXáyZ RSXEOLNRZDQ\FKZGQLDFKLVW\F]QLDUQDSRUWDOX  SROHJDMąFHQDSRVáXĪHQLXVLĊZW\WXáDFK