6NáDGRU]HNDMąF\ 6HQWHQFMD 6ąG1DMZ\ĪV]\SRUR]SR]QDQLXZ,]ELH2GSRZLHG]LDOQRĞFL=DZRGRZHMQDSRVLHG]HQLXZGQLXJUXGQLD UZQLRVNXSHáQRPRFQLNDZQLRVNRGDZF\7/RZ\GDQLHXFKZDá\]H]ZDODMąFHMQDSRFLąJQLĊFLHGR RGSRZLHG]LDOQRĞFLNDUQHMVĊG]L6ąGX2NUĊJRZHJR  Z:;<]DF]\Q]DUW†NNLDUW† NNQDSRGVWDZLHDUW†FXVWDZ\]GQLDOLSFDU3UDZRRXVWURMXVąGyZSRZV]HFKQ\FK XFKZDOLá ,RGPyZLü]H]ZROHQLDQDSRFLąJQLĊFLHVĊG]L6ąGX2NUĊJRZHJR  Z:;<GRRGSRZLHG]LDOQRĞFL NDUQHM]DZVND]DQ\ZHZQLRVNXF]\Q]DUW†NNLDUW†NN ,,NRV]WDPLSRVWĊSRZDQLDLPPXQLWHWRZHJRREFLąĪ\ü6NDUE3DĔVWZD 8]DVDGQLHQLHIDNW\F]QH 3HáQRPRFQLNRVNDUĪ\FLHODSU\ZDWQHJR7/DGZ33]áRĪ\áZQLRVHNRZ\GDQLHXFKZDá\]H]ZDODMąFHM QDSRFLąJQLĊFLHGRRGSRZLHG]LDOQRĞFLNDUQHMVĊG]L6ąGX2NUĊJRZHJR  Z:;<]DWRĪH ZGQLDFKPDMDURUD]F]HUZFDUDSRQDGWRQDUR]SUDZLHZGQLXVW\F]QLDUZ 6ąG]LH2NUĊJRZ\P  Z:  :\G]LDá.DUQ\2GZRáDZF]\XO  ]QLHZDĪ\áDRUD]]QLHVáDZLáD SRNU]\ZG]RQHJR7/SRSU]H]XĪ\ZDQLHVáyZDQW\VHPLFNLFKZ\ZRáDáDXSRNU]\ZG]RQHJRX]DVDGQLRQH ]QLHZDĪHQLHJG\ĪXĪ\ZDQLHVáyZZVWRVXQNXGRSRGVąGQHJRĪHMHVWLQQHMQDFMLWR]QDF]\Ī\GRZVNLHM Z\ZRáDáRXSRNU]\ZG]RQHJRSRQLĪHQLHSRF]XFLHEUDNXEH]SLHF]HĔVWZDRUD]DQW\VHPLW\]P WM]DF]\Q]DUW†NNRUD]DUW†NN 8]DVDGQLHQLHSUDZQH 6ąG1DMZ\ĪV]\]ZDĪ\áFRQDVWĊSXMH $QDOL]DSU]HGPLRWRZHJRZQLRVNXSURZDG]LGRX]QDQLDLĪMHVWRQEH]]DVDGQ\ZVWRSQLXRF]\ZLVW\P 3RZ\ĪV]\QLH]DVáXJLZDáQDXZ]JOĊGQLHQLHQLHW\OH]XZDJLQDEUDNGRVWDWHF]QHJRXSUDZGRSRGREQLHQLD SRSHáQLHQLDSU]H]VĊG]LĊ6ąGX2NUĊJRZHJR  Z:;<F]\QXZ\SHáQLDMąFHJR]QDPLRQDSU]HVWĊSVWZD RNUHĞORQHJRZDUW†NNRUD]]DUW†NNFRQLHZ\ND]DQLDWDNRZHMRNROLF]QRĞFLZ MDNLPNROZLHNZUĊF]VWRSQLX 5R]SR]QDZDQ\SU]H]6ąGZQLRVHNVNLHURZDQ\ZQLQLHMV]HMVSUDZLHGRW\F]\F]\QXĞFLJDQHJR]RVNDUĪHQLD SU\ZDWQHJR:WDNLFKSU]\SDGNDFKVąGG\VF\SOLQDUQ\RU]HND]DVDGQLF]RQDSRGVWDZLHZQLRVNXLGRZRGyZ ]DáąF]RQ\FKSU]H]ZQLRVNRGDZFĊERZLHPWRU]HF]ąRVNDUĪ\FLHODDQLHVąGXMHVWIRUPXáRZDQLHRUD] Z\ND]\ZDQLHSU]HVáDQHNX]DVDGQLDMąF\FK]H]ZROHQLHQDSRFLąJQLĊFLHVĊG]LHJRGRRGSRZLHG]LDOQRĞFL NDUQHMWRWHĪRVNDUĪ\FLHODDQLHVąGG\VF\SOLQDUQ\REFLąĪDSRZLQQRĞüJURPDG]HQLDLSURZDG]HQLD