96$3RWZLHUG]HQLHSRE\WXZDUHV]FLH8U]ĊGX%H]SLHF]HĔVWZDZNRQWHNĞFLHG]LDáDOQRĞFLSROLW\F]QHM ]ZLą]DQHM]ZDONąRVXZHUHQQRĞüLQLHSRGOHJáRĞüRUD]XSUDZQLHQLDNRPEDWDQFNLH:\URN:RMHZyG]NLHJR6ąGX $GPLQLVWUDF\MQHJRZ:DUV]DZLH 2SXEOLNRZDQRZZZQVDJRYSO/(;QU :\URN :RMHZyG]NLHJR6ąGX$GPLQLVWUDF\MQHJRZ:DUV]DZLH ]GQLDVW\F]QLDU 96$ 8=$6$'1,(1,( 6NáDGRU]HNDMąF\ 6HQWHQFMD :RMHZyG]NL6ąG$GPLQLVWUDF\MQ\Z:DUV]DZLHSRUR]SR]QDQLXQDUR]SUDZLHZGQLXVW\F]QLDU VSUDZ\]HVNDUJL-:QDGHF\]MĊ3UH]HVD,QVW\WXWX3DPLĊFL1DURGRZHM.RPLVMLĝFLJDQLD=EURGQL SU]HFLZNR1DURGRZL3ROVNLHPX]GQLD  F]HUZFDU1U  ZSU]HGPLRFLHSRWZLHUG]HQLD SU]HE\ZDQLDEH]Z\URNXZ8U]ĊG]LH%H]SLHF]HĔVWZDVNDUJĊRGGDOD 8]DVDGQLHQLHIDNW\F]QH 6NDUĪąF\-:SLVPHP]GQLD  UZ\VWąSLáGR,QVW\WXWX3DPLĊFL1DURGRZHMRSRWZLHUG]HQLH SU]HE\ZDQLDZDUHV]FLH8U]ĊGX%H]SLHF]HĔVWZDZ-/RGGQLD  USU]H]RNUHVGQL=GDQLHP VNDUĪąFHJR]RVWDáDUHV]WRZDQ\]SRZRGXMHJRVSU]HFLZXFRGRVSRVREXQDXF]DQLDOHNFMLKLVWRULLFRGR RFHQ\LĪZDOND]1DURGHPĩ\GRZVNLPVáXĪ\áDQLHSRGOHJáRĞFL3ROVNLRUD]VWDZDáZREURQLHSDPLĊFL +RORNDXVWX1DVWĊSQLHZWRNXGDOV]HJRSRVWĊSRZDQLDX]XSHáQLáVZRMHZ\MDĞQLHQLDVWZLHUG]HQLHPĪHZ V]NROHSRGVWDZRZHMZ*QDOHĪDáGRWDMQHMRUJDQL]DFMLQLHSRGOHJáRĞFLRZHM:UDPDFKWHMRUJDQL]DFML ]U\ZDáQDSLV\DQW\VHPLFNLHUR]SURZDG]DáXORWNLLZ]\ZDáGRERMNRWXXURF]\VWRĞFLVWDOLQRZVNLHRUD] QLV]F]\áWU\EXQ\]NWyU\FKPLDQRSU]HPDZLDü:SU]HSURZDG]HQLXSRVWĊSRZDQLDZ\MDĞQLDMąFHJR VNDUĪąF\VWZLHUG]LáĪHQDSU]HáRPLHODW]RVWDáDUHV]WRZDQ\LXZLĊ]LRQ\ZZLĊ]LHQLX