,,2=3RVWDQRZLHQLH1DF]HOQHJR6ąGX$GPLQLVWUDF\MQHJR /(;QU 3RVWDQRZLHQLH 1DF]HOQHJR6ąGX$GPLQLVWUDF\MQHJR ]GQLDNZLHWQLDU ,,2= 7(=$DNWXDOQD :\NáDGQLD XVWDZRZHJR RNUHĞOHQLD JG\ RVRED WD Z\NDĪH VSURZDG]D VLĊ GR SU]\MĊFLD ĪH WR QD XELHJDMąF\P VLĊ R SU]\]QDQLH SUDZD SRPRF\ VSRF]\ZD FLĊĪDU Z\ND]DQLD Z MDNLHM V\WXDFML VLĊ ]QDMGXMH L ĪH MHVW WR V\WXDFMD XSUDZQLDMąFD JR GR SU]\]QDQLD SUDZD SRPRF\ 2U]HF]HQLH VąGX Z WHM NZHVWLL ]DOHĪ\ ]DWHP RGWHJRF]\VWURQDZ\NDĪHSU]HVáDQNLRNWyU\FKPRZDZSU]HSLVLHDUW†SNWSSVD 8=$6$'1,(1,( 6NáDGRU]HNDMąF\ 6HQWHQFMD 1DF]HOQ\6ąG$GPLQLVWUDF\MQ\SRUR]SR]QDQLXZGQLXNZLHWQLDUQDSRVLHG]HQLXQLHMDZQ\PZ ,]ELH2JyOQRDGPLQLVWUDF\MQHM]DĪDOHQLD,6QDSRVWDQRZLHQLH:RMHZyG]NLHJR6ąGX$GPLQLVWUDF\MQHJRZ %\GJRV]F]\]GQLD  PDUFDUV\JQDNW,,6$%GRRGPRZLHSU]\]QDQLDSUDZDSRPRF\Z VSUDZLH]HVNDUJL,6QDGHF\]MĊ:RMHZRG\.XMDZVNR3RPRUVNLHJR]GQLD  F]HUZFDU1U  ZSU]HGPLRFLHZHMĞFLDQDWHUHQQLHUXFKRPRĞFLZFHOXZ\NRQDQLDUREyWEXGRZODQ\FKSRVWDQDZLDRGGDOLü ]DĪDOHQLH 8]DVDGQLHQLHIDNW\F]QH 3RVWDQRZLHQLHP]GQLD  PDUFDUV\JQDNW,,6$%G:RMHZyG]NL6ąG$GPLQLVWUDF\MQ\Z %\GJRV]F]\QDSRGVWDZLHDUW†SNWXVWDZ\]GQLDVLHUSQLDU3UDZRRSRVWĊSRZDQLXSU]HG VąGDPLDGPLQLVWUDF\MQ\PL ']81USR]]SyĨQ]P RGPyZLá,6SU]\]QDQLDSUDZDSRPRF\ ZVSUDZLH]MHMVNDUJLQDGHF\]MĊ:RMHZRG\.XMDZVNR3RPRUVNLHJR]GQLD  F]HUZFDUZ