6ZRERGDZ\SRZLHG]LVWDQRZLMHGHQ]]DVDGQLF]\FKILODUyZVSRáHF]HĔVWZDGHPRNUDW\F]QHJRLQLH RJUDQLF]DVLĊGRLQIRUPDFMLLSRJOąGyZNWyUHVąRGELHUDQHSU]\FK\OQLHXZDĪDQHVą]DQLHREUDĨOLZHOXE QHXWUDOQHOHF]RGQRVLVLĊWDNĪHGRW\FKNWyUHREUDĪDMąREXU]DMąOXEZSURZDG]DMąQLHSRNyMNZHVWLRQXMąF XVWDORQ\SRU]ąGHN SRUZ\URNL(73&]GQLDJUXGQLDU+DQG\VLGHY:LHOND%U\WDQLDVNDUJDQU $]GQLDNZLHWQLDU7KH6XQGD\7LPHVY:LHOND%U\WDQLD , VNDUJDQU $]GQLDPDMDU2EHUVFKOLFNY$XVWULDVNDUJDQU  $RUD]Z\URN6ąGX 1DMZ\ĪV]HJR]GQLDOLSFDU,9&6.261&QUSR]  6NDUĪąF\SRZRáXMąF VLĊQDZROQRĞüVáRZDFKURQLRQąZDUWXVW.RQVW\WXFML53RUD]DUWXVW.RQZHQFMLLPRĪOLZRĞü SRVáXJLZDQLDVLĊZG\VNXUVLHSXEOLF]Q\PSHZQąGDZNąSU]HVDG\QLHGRVWU]HJDLĪZROQRĞüZ\UDĪDQLD SRJOąGyZQLHPRĪHE\üDEVROXW\]RZDQDSURZDG]LáRE\WRERZLHPGRQDUXV]DQLDF]FLLGREUHJRLPLHQLD DUWXVWL.RQVW\WXFML53DUWXVW.RQZHQFML  :NRQVHNZHQFMLRGMHGQRVWNL XF]HVWQLF]ąFHMZGHEDFLHSXEOLF]QHMZ\PDJDVLĊ]DFKRZDQLDSHZQ\FKJUDQLFZV]F]HJyOQRĞFL SRV]DQRZDQLDGREUHJRLPLHQLDLSUDZLQQ\FK:RU]HF]QLFWZLH6ąGX1DMZ\ĪV]HJRGRPLQXMHVWDQRZLVNR NWyUHQDOHĪ\SRG]LHOLüLĪVDPRSRZRáDQLHVLĊQDZROQRĞüSUDV\LSUDZRVZRERG\Z\SRZLHG]LQLH]ZDOQLD RGRGSRZLHG]LDOQRĞFL]DVNXWNLQDUXV]HQLDGyEURVRELVW\FKGRNRQDQHJRSU]\JRWRZDQ\PLRSXEOLNRZDQ\P PDWHULDáHPSUDVRZ\PDRSU]\SLVDQLXG]LHQQLNDU]RZLRGSRZLHG]LDOQRĞFLGHF\GXMHZNRQNUHWQ\P SU]\SDGNXDQDOL]DLRFHQD]GHU]HQLDREXNRQNXUHQF\MQ\FKDGRQLRVá\FKVSRáHF]QLHZDUWRĞFLDPLDQRZLFLH SUDZDVZRERG\Z\SRZLHG]LLSUDZDGRRFKURQ\F]FLLJRGQRĞFL SRUZ\URNL6ąGX1DMZ\ĪV]HJR]GQLD SDĨG]LHUQLNDU,,&.1261&1USR]]GQLDOXWHJRU,,,&=3 261&QUSR]L]GQLDOXWHJRU,&6.261&='QUSR]  6ąGZDUWRĞFLXMąF\PRĪHE\üX]QDQ\]DSU]HNUDF]DMąF\JUDQLFHNU\W\NLPRĪOLZHMGR]DDNFHSWRZDQLDMDNR QLH]QDMGXMąF\GRVWDWHF]QHMSRGVWDZ\IDNW\F]QHMPDQLSXORZDQLHSUDZGąRU]HF]\ZLVWRĞFLQLHPRĪHE\ü ERZLHPDNFHSWRZDQH SRUZ\URNL(73&]GQLDNZLHWQLDU3UDJHUL2EHUVFKOLFNY$XVWLDVNDUJD QU$]GQLDOXWHJRU'H+DHVL*LMOVHOVY%HOJLDVNDUJDQU5HSRUWV ,]GQLDOXWHJRU-HUX]DOHPY$XVWULDVNDUJDQU(&+5,,RUD]Z\URNL 6ąGX1DMZ\ĪV]HJR]GQLDOXWHJRU,,,&6.261&1USR]]GQLDF]HUZFD U,,,&.QLHSXEO]GQLDZU]HĞQLDU,&6.261&U1USR]] GQLDVW\F]QLDU,&6.261&U1USR]]GQLDVW\F]QLDU,9&6. 261&QUSR]L]GQLDOLSFDU,9&6.261&QUSR]   :UR]SR]QDZDQ\PSU]\SDGNXVąG\WUDIQLHX]QDá\LĪSXEOLNDFMHSR]ZDQHJRQLHVSHáQLDá\Z\PRJyZ VWDUDQQRĞFLLHW\NLG]LHQQLNDUVNLHMVNRURQLHMHVWSUDZGąMDNRE\SRZyGNDX]\VNDáD]DGRĞüXF]\QLHQLH]D WRĪHXQLHPRĪOLZLRQRMHM]DELFLHZáDVQHJRG]LHFNDFRZSURVWZ\QLND]Z\URNX(73&]NWyU\P VNDUĪąF\SRZLQLHQVLĊ]DSR]QDüVNRUR]GHF\GRZDáVLĊSXEOLF]QLH]DELHUDüJáRVZWHMVSUDZLH =DVąG]RQH QDU]HF]SRZyGNL]DGRĞüXF]\QLHQLHZ\QLNDáR]IDNWXLĪSROVNLXVWDZRGDZFDSU]HZLGXMąFZ\MąWNLRG RJyOQHJR]DND]XDERUFMLMHGQRF]HĞQLHQLHRNUHĞOLáĞFLVá\FKSURFHGXUPHG\F]Q\FKNWyUHXPRĪOLZLá\E\ F]\QLHQLHXĪ\WNX]HZVSRPQLDQ\FKZ\MąWNyZGRNRQXMąFZDGOLZHMNRQVWUXNFMLSUDZQHMOHJDOL]DFMLDERUFML