LNV0*RRFKURQĊGyEURVRELVW\FKZ]ZLą]NX]SXEOLNDFMDPLWHNVWyZSUDVRZ\FKGRW\F]ąF\FK NU\W\F]QHMRFHQ\MHMRVRE\LWUHĞFLZ\URNX(73& 1DJUXQFLHSURFHVyZZ\WRF]RQ\FKSU]H]SRZyGNĊWRF]\áDVLĊZODWDFKV]HURNDGHEDWD SXEOLF]QDGRW\F]ąFDGRSXV]F]DOQRĞFLDERUFMLZNWyUHMZ]LąáXG]LDáSR]ZDQ\SXEOLNXMąFDUW\NXá\Z LQWHUQHFLHRGQRV]ąFHVLĊGRRVRE\SRZyGNLNRPHQWXMąFHMHMSRVWDZĊLG]LDáDQLD:GQLXOLSFDUQD VWURQLHLQWHUQHWRZHMZZZ  SOSR]ZDQ\]DPLHĞFLáPDWHULDáSUDVRZ\]DW\WXáRZDQ\  ZNWyU\P VWZLHUG]Lá,]DVáDQLDQLHWHMSURVWHMSUDZG\VáRZDPLRW\PĪH;;QLH]áDPDáDSUDZDDMHG\QLHSUyERZDáD HJ]HNZRZDüSU]\VáXJXMąFHMHMSUDZDMHVWDEVXUGDOQH $GROI(LFKPDQQWHĪQLHáDPDáKLWOHURZVNLFKSUDZ F]\WR]QDF]\ĪHQLHPRĪQDJRQD]ZDüPRUGHUFą ZW\PSU]\SDGNXMXĪQLHGRV]á\PDMDNQDMEDUG]LHM GRV]á\P " &]\RGWHUD]ĪHE\QLHVSUDZLDüSU]\NURĞFL PRĪHMXĪQLHMHPXVDPHPX MHJRG]LHFLRP SU]HVWDQLHP\RNUHĞODüMHJRG]LDáDOQRĞüMDNR]EURGQLF]ą"=NROHLZHZU]HĞQLXUSR]ZDQ\ RSXEOLNRZDáQDWHMVDPHMVWURQLHLQWHUQHWRZHMDUW\NXá]DW\WXáRZDQ\  ZNWyU\P]DZDUáQDVWĊSXMąFH VWZLHUG]HQLH6]DQRZQLSUDZQLF\3DQL;;VSLHV]ĊZDVSRLQIRUPRZDüĪHMDWDNĪHXZDĪDPĪHURELHQLH NDV\QDW\PĪHQLHSR]ZRORQRNRPXĞ]DELüG]LHFNDMHVWREU]\GOLZHPRUDOQLH,MDWDNĪHXZDĪDPĪH DERUFMDMHVW]DPRUGRZDQLHPF]áRZLHNDDNWRĞNWRURELQDW\PNDVĊQLF]\PV]F]HJyOQLHQLHUyĪQLVLĊRG QD]LVWyZ3R]ZDQ\MHVWWDNĪHZVSyáDXWRUHPNVLąĪNLSRGW\WXáHP  ZNWyUHM]DZDUáQDVWĊSXMąF\ IUDJPHQWGRW\F]ąF\SRZyGNL-DNSRND]XMHVSUDZD;;NWyUDZFLąĪQDQRZRUR]JU\ZDPHGLDOQLHL ILQDQVRZRIDNWĪHXQLHPRĪOLZLRQRMHM]DELFLHZáDVQHJRG]LHFNDQLHGDMHVLĊWHJRZ\NOXF]\ü3RZyGND QLHGąĪ\áDQLJG\GRDQRQLPL]DFMLVZRLFKGDQ\FKRVRERZ\FKZ\SRZLDGDáDVLĊQDWHPDWNZHVWLL ]ZLą]DQ\FK]GRSXV]F]DOQRĞFLąDERUFMLL]DLQLFMRZDQ\FKSU]H]VLHELHSURFHVyZVąGRZ\FK-HMKLVWRULDVWDáD VLĊRJyOQLH]QDQDV]HURNRNRPHQWRZDQDDSRZyGNDE\áDNRMDU]RQD]SRVWDZąSURDERUF\MQą:U ]RVWDáDZ\EUDQDQDUDGQąPLDVWD  QDNDGHQFMĊULSU]\QDOHĪ\GRNOXEXUDGQ\FK   3R]ZDQ\MHVW]Z\NV]WDáFHQLDILOR]RIHPLG]LHQQLNDU]HPF]áRQNLHP  Z\NRQXMHZROQ\]DZyG G]LHQQLNDU]D 2FHQLDMąF]DVDGQRĞüSRZyG]WZD6ąG2NUĊJRZ\VWZLHUG]LáLĪSR]ZDQ\ZSU]\WRF]RQ\FKSXEOLNDFMDFK QDUXV]\áGREUDRVRELVWHSRZyGNLZSRVWDFLGREUHJRLPLHQLDLJRGQRĞFL 3RGNUHĞOLáLĪF]áRQHN  PD SUDZR]RGZRáDQLHPGR]DVDGVZRMHMUHOLJLLX]QDZDü]DELHJSU]HU\ZDQLDFLąĪ\]D]DEyMVWZR3RJOąG\ NDWROLNyZQLHVąMHGQDNMHG\Q\PLIXQNFMRQXMąF\PLZ3ROVFHLVąRVRE\QLHSRG]LHODMąFHWDNLHJR ĞZLDWRSRJOąGX2GUyĪQLHQLD]DWHPZ\PDJDRJyOQHZ\UDĪDQLHVZRMHJRVWDQRZLVNDZSXEOLF]QHMGHEDFLH QDWHPDWGRSXV]F]DOQRĞFLDERUFMLRGVSHUVRQDOL]RZDQ\FK]DU]XWyZXVLáRZDQLD]DEyMVWZD:NRQVHNZHQFML NLHURZDQLHZVWRVXQNXGRNRELHW\NWyUDFKFHVNRU]\VWDü]XSUDZQLHQLDGRSU]HUZDQLDFLąĪ\ZSU]\SDGNX GR]ZRORQ\PSU]H]RERZLą]XMąFHSUDZR]DU]XWXGRNRQDQLDOXEXVLáRZDQLDGRNRQDQLD]DEyMVWZDLZLą]DQLH MHMSRVWDZ\]LGHRORJLą]EURGQLDU]\QD]LVWRZVNLFKQDUXV]DMHMGREUDRVRELVWH 1DWRPLDVWWZLHUG]HQLHSU]H] SR]ZDQHJRZ]DNZHVWLRQRZDQ\FKSXEOLNDFMDFKMDNRE\SRZyGNDURELáDNDVĊQDW\PĪHQLHSR]ZRORQRMHM ]DELüG]LHFNDF]\UR]JU\ZDáDPHGLDOQLHLILQDQVRZRIDNWĪHXQLHPRĪOLZLRQRMHM]DELFLHZáDVQHJR G]LHFNDQLHPRĪHE\üNZDOLILNRZDQHMDNRU]HWHOQHVNRURSRZyGNDX]\VNDáDRU]HF]HQLHP(73&MHG\QLH