Alfa Romeo Giulietta 2019 Instrukcja Obsługi (in Polish)


2;>&’,#$%A2*;>&’,#$% .*.+%3/
L*.$() $(> 5E?0+# .34a5*E?0+# -/-"+(+
>#03=>3403( -"+*03.,%a-/,"4$E#
S 86* +534,.+*B -/+3/) !E/=>/=03@ >#&(A*
/6"703B -"+*03.,3()a-/,"4$E() 5
,3("%>,% +!/2>*) + "%01() 5.,#+75(,
+(!#"#@ >#$/)3#.$ #6* +)>3(’.+*B
-/+3/) !E/=>/=03@ >#&(A* /6"703B
-"+*03.,3()a-/,"4$E() 5 ,3("%>,%
-"+(035>*) 2/ "%01% 5.,#+75(, +(!#"#;
+)*9 ),5$" B+/#%)D
86* %#,$*5>3B $"*6 :#23/@ >#&(A*
>#03.>?B ># -#>(&% -"+*03., :8_b<;
2:8‘M "#7M9*N O"]*+%+6’&%[O’
C/.+0+(!7&>( $"*6* .$"/’(>3# )/A>#
5*63("#B -/-"+(+ 2/$*,#>3( -"+*03.,75
!"#930+>*01 q8^r@ qg^r@ q_8or S2&#
5(".’3a"*>,75@ !2+3( -"+(532+3#>/U >#
5*=53($�+%;
2*7#"#$’# $# &:[&’9+6#O"N
C/ 5*6"#>3% A?2#>(’ .$#0’3 "#23/5(’ >#
5*=53($�+% -/’#53? .34 >#.$4-%’?0(
3>9/")#0’(R
2 O"][O’ Q‘M$9L\5*=53($&#>3( 5*,#+%
+#-"/!"#)/5#>*01 .$#0’3 "#23/5*01
S-"(.($U; F*.+0+(!7&>3#># ’(.$ #,$%#&>3(
.E%01#># .$#0’#;
2 O"][O’ [M%T7%&9L\5*=53($&#>#
’(.$ >#+5# .E%01#>(’ .$#0’3 "#23/5(’ 3
-"+*03.,3 !"#930+>( 2/ 5*6/"% -#.)#;2 O"][O’ T%6$9L\5*67" .$#0’3 "#23/5*01@
.$"/’(>3( 3 %.$#53(>3# 2O534,%;
2:*"N7’&#$’9 R%RM"9T$’9Lb$#*+]R$9L
*+#OL’ M#T’%&9L
86* /2>#&(OB A?2#>? .$#0’4 "#23/5?@
>#&(A* /6"703B -"+*03.,3()a-/,"4$E()
o:#03.,#B -"+*03.,3
!"#930+>(
&%6># 5*=53($�+%
6?2O %A*B -"+*03.,75 ># ,3("/5>30*
;
2:*"N7’&#$’9 *":87’9
R%RM"9T$’9Lb$#*+]R$9L *+#OL’ M#T’%&9L
C"+*$"+*)#B >#03=>34$( -"+*03.,3
!"#930+>(
&%6># 5*=53($�+%R -/
+5/&>3(>3% -"+*03.,% /2$5#"+#># ’(.$
-3("5.+# )/A&35# 2/ 2/.$"/’(>3# .$#0’#
"#23/5#;
;%*+M#L#$’9 M#T’# X.@ b c@Y
Y#03.>?B ># 5*=53($�+% -"+*03.,
!"#930+>* qL$"/’(>;r@ # >#.$4->3( 5*6"#B
0+4.$/$&35/=B .$#0’3 "#23/5(’ -/-"+(+
,5#$%"4 ># 5*=53($�+%;
$*) $"*63( -"+*03.,3 !"#930+>(
%)/A&353#’? 2/,E#2>? "(!%�’4
2/.$"#’#>(’ 0+4.$/$&35/=03;
86* .,#./5#B 6E42>3( 5-"/5#2+/>*
>%)(" S3 5-"/5#2+3B -/>/5>3(
-"#532E/5* >%)(" .$#0’3U@ >#&(A*
>#03.>?B -"+*03., !"#930+>*
SK.%DU;
C/ 5-"/5#2+(>3% /.$#$>3(’ 0*9"* .$#0’3
(,"#> $(> ’(.$ 5*E?0+#>* 3 .*.$()#%$/)#$*0+>3( 2/.$"#’# .34 2/ 5*6"#>(’
.$#0’3;
,"#> $(> +>3,>3( #%$/)#$*0+>3( -/ W
.(,%>2#01 &%6 -/ >#03=>3403% -"+*03.,75
!"#930+>*01 q 2:L[O’9 " 97M#$N oH9"RV *+M%L9$’9p
86* -/5"703B 2/ (,"#>% !E75>(!/
"#23//2$5#"+#0+#@ >#&(A* >#03.>?B >#
5*=53($�+% -"+*03., qF*’2Or &%6
q:#23/r;
=#T’% ;.H
S2&# 5(".’3a"*>,75@ !2+3( -"+(532+3#>/U
C/ 5*6"#>3% $"*6% "#23/ _8o >#
5*=53($�+% -/’#53? .34 3>9/")#0’(
2/$*0+?0( .E%01#>(’ .$#0’3;
F /6"463( ,#A2(’ &3.$* -"+*03., !"#930+>*
q8oMr %)/A&353# -"+(.,/0+(>3( 2/ ’(2>(’
+ &3$(" ># &3=03(;
(M":O’*7 QM#U’O"$: o(M"9Q6Vp NS%W6’&’#
&:[&’9+69$’9\
5*,#+% 5.+*.$,301 .$#0’3 _8oI
5*,#+% .$#0’3 93&$"/5#>*01 5(2E%!
q:/2+#’75rI
5*,#+% .$#0’3 93&$"/5#>*01 5(2E%!
qX>.()6&(.r S)%&$3-&(,.75U; F /6"463(
,#A2(’ &3.$* -"+*03., !"#930+>* q8oMr
%)/A&353# -"+(.,/0+(>3( 2/ ’(2>(’ + &3$("
># &3=03(;
(M%QM#S%&#$’9 *+#OL’
C/+*0’( -"/!"#)/5#&>( 2/.$4->(
.? 5( 5.+*.$,301 $"*6#01 .*.$()% 3
)/A># ’( %#,$*5>3B@ 2/$*,#’?0 ’(2>(!/ +

^KTcb^X_b8

-"+*03.,75 !"#930+>*01 -"/!"#)/5#>3#@
%)3(.+0+/>*01 5 0+4=03 !7">(’
5*=53($�+#;
N(=&3 2/.$"/’/># ’(.$ ’(2># +( .$#0’3
"#23/5*01@ ,$7"? +#)3("+# .34
+#-"/!"#)/5#B@ >#&(A* >#03.>?B 3
-"+*$"+*)#B -"+*03., !"#930+>* 5E#=035*
2&# A?2#>(’ -/+*0’3 -"/!"#)/5#>3#
2/ )/)(>$% 5*()3$/5#>3#
-/$53("2+#’?0(!/ .*!>#E% #,%.$*0+>(!/;
L*.$() )/A( +#-#)34$#B )#,.*)#&>3(
hZ .$#0’3 "#23/5*01 5 ,#A2*) $"*63(R 5
0+4=03 !7">(’ (,"#>% 5*=53($&#>( .? s
.$#0’( "#23/5(;
Y#03.>?B ># 5*=53($�+%
-"+*03., !"#930+>* q-"+(!&;r@ #6*
5*=53($&3B 5.+*.$,3( .$#0’( "#23/5(
+#-"/!"#)/5#>( 5 5*6"#>*) +#,"(.3(
0+4.$/$&35/=03;
.NT’%
86* 5(’=B 2/ )(>% q8%23/r@ >#&(A*
>#03.>?B ># 5*=53($�+% -"+*03.,
!"#930+>* q8%23/r;
H# -/="(2>30$5() )(>% q8%23/r )/A>#
2/,/>#B >#.$4-%’?0*01 %.$#53(DR
qo#&#>0(ag#2(r S%.$#53(>3( 6#&#>.%
2O534,% .$"/># -"#5#a&(5# /"#+
-"+72a$*EUI
qF*"75>*5#0+r S2&# 5(".’3a"*>,75@
!2+3( -"+(532+3#>/UR #6* %.$#53B $/>*
>3.,3(@ 5*./,3( 3 ="(2>3(I
q_O534,a-"42,/=Br S+ 5*’?$,3()
5(".’3 + .*.$()() pbtgbU #%$/)#$*0+>#
,/>$"/&# -/+3/)% !E/=>/=03 5 +#&(A>/=03
/2 -"42,/=03 .#)/01/2%I
qT/%2>(..r S2&# 5(".’3a"*>,75@ !2+3(
-"+(532+3#>/UR -/-"#53# ’#,/=B 2O534,%
-"+* >3.,3) -/+3/)3( !E/=>/=03I
q8%$; FE?0+; :#23#rR )/A># 5*6"#B
.-/="72 >#.$4-%’?0*01 /-0’3R "#23/
5E?0+/>(@ "#23/ 5*E?0+/>( &%6
-"+*5"70(>3( .$#>% #,$*5>(!/ -"+(2
/.$#$>3) -"+(,"40(>3() ,&%0+*,# 5
-/E/A(>3( Lc +)*9 3/=+$3%5$,
F >3>3(’.+*) "/+2+3#&( /-3.#>/
.-/./6* /6.E%!3 2/$*0+?0( 2+3#E#>3#
$"*675H6N9+%%+_~
@ 8Kx S+#&(A>3( /2
5*-/.#A(>3#U@ KLo;
86* 5*6"#B A?2#>( O"72E/ #%23/ .-/="72
$*01@ ,$7"( .? 2/.$4->(@ >#&(A* >#03.>?B
-"+*03., !"#930+>* q5*6/"% O"72E#r;
ES’#$# N+&%MN X$#
$#*+]R$:bR%RM"9T$’Y
Y#&(A* >#03.>?B ,"7$,/ -"+*03.,
!"#930+>*
&%6 /6"703B 5 ,3("%>,%
+!/2>*) + "%01() 5.,#+75(, +(!#"#
-"+*03.,3()a-/,"4$E() o: XYcX:@ #6* /2$5/"+*B >#.$4->*
%$57" &%6 >#03.>?B ,"7$,/ -"+*03.,
!"#930+>*
#&6/ /6"703B 5 ,3("%>,%
-"+(035>*) 2/ "%01% 5.,#+75(, +(!#"#
-"+*03.,3()a-/,"4$E() o: XYcX:@ #6* -/5"703B 2/ -/0+?$,%5*6"#>(!/ %$5/"% &%6 -/5"703B 2/
-/0+?$,% -/-"+(2>3(!/ %$5/"%@ ’(=&3
/2$5#"+#>3( 63(A?0(!/ $"5# >3( 2E%A(’
>3A [ .(,%>2;
!":87’9 RM"9&’L#$’9 N+&%M‘& T%
RM"%TNbT% +:PN
Y#&(A* >#03.>?B 3 -"+*$"+*)#B
-"+*03., !"#930+>*
@ #6* 5 .+*6,3
.-/.76 -"+(53>?B 5*6"#>* %$57"
&%6 -"+*$"+*)#B >#03=>34$* -"+*03.,
!"#930+>*
@ #6* .+*6,/ -"+(53>?B
%$57" 5.$(0+;
2:8‘M N+&%MN X(M"9Q6VY
KF8G8 Y3(,$7"( %"+?2+(>3#
H6N9+%%+_~
>3( /9("%’? )/A&35/=03
-"+(!&?2#>3# %$5/"75 -/-"+(+ ,#$(!/"3(
532>3(’?0( 50+(=>3(’ ># &3=03(;
KF8G8 F -"+*-#2,% >3(,$7"*01
%"+?2+(D 93")*.RR69~
-"+*03., $(>
)/A( 6*B >3(#,$*5>*; 86* %"%01/)3B $4
9%>,0’4 5 "#)#01 /2$5#"+#>(!/ O"72E#@
>#&(A* >#03.>?B -"+*03., !"#930+>*
qC"+(!&;r;
86* 5*6"#B A?2#>? ,#$(!/"34@ >#&(A*
/6"703B -"+*03.,3()a-/,"4$E()
o:#.$4->3( >#03.>?B
$(> .#) -"+*03.,a-/,"4$E/@ #6*
-/$53("2+3B 5*67";
N(=&3 +#)3("+# .34 #>%&/5#B $4 9%>,0’4@
>#&(A* >#03.>?B -"+*03., !"#930+>* qxr;


2:[&’9+6#$’9 ’$U%MS#OL’ % N+&%M"9
86* 5*=53($&3B 3>9/")#0’( / .E%01#>*)
%$5/"+(@ 5 -"+*-#2,% %"+?2+(D
/6.E%!%’?0*01 $(!/ $*-% 9%>,0’4@ >#&(A*
>#03.>?B -"+*03., !"#930+>* qb>9/r;
86* 5*’=B + $(!/ (,"#>%@ >#&(A* >#03.>?B
-"+*03., !"#930+>* qxr;
1T+&#M"#$’9 6%*%&9 N+&%M‘&
86* /2$5#"+#B %$5/"* +>#’2%’?0(
.34 ># -E*03( %"+?2+(>3% KLo &%6
%"+?2+(>3% + 9%>,0’?H6N9+%%+_~
@
>#&(A* >#03.>?B -"+*03., !"#930+>* q‡r@ #
>#.$4->3( -"+*03., !"#930+>* qL1%99&(r
S<2$5#"+#>3( &/./5(U;
86* 5*E?0+*B $(!/ $*-% 9%>,0’4@ >#&(A*
>#03.>?B -"+*03., qL1%99&(r S<2$5#"+#>3(
&/./5(U -/>/5>3(;
(%&+#M"#$’9 N+&%MN
86* 5E?0+*B $(!/ $*-% 9%>,0’4@ >#&(A*
>#03.>?B -"+*03., !"#930+>* q‡r@ #
>#.$4->3( -"+*03., !"#930+>* qC/5$7"+r;
86* 5*E?0+*B $4 9%>,0’4@ >#&(A* >#03.>?B
-"+*03., qC/5$7"+r -/>/5>3(;
+%&4#"="<$, 9SFLXYYXOr
:(’(.$"#0’# %"+?2+(>3#H6N9+%%+_~
R
%#,$*5>3B 5 %"+?2+(>3% 9%>,0’4
H6N9+%%+_~
I
>#03.>?B ># -#>(&% -"+*03., ^X_b8I
5 -"+*-#2,% #,$*5>(!/ O"72E#
q^%&$3)(23#r >#03.>?B -"+*03., !"#930+>*
q5*6/"% O"72E#rI
5*6"#B >/=>3, ^(23#H6N9+%%+_~
I
>#03.>?B -"+*03., !"#930+>* q_/2#B
%"+?2+;rI
/2>#&(OB# %"+?2+(>3%
#%23/H6N9+%%+_~
I
/ 3&( 5*)#!# $(!/ %"+?2+(>3( #%23/@
>#&(A* 5-"/5#2+3B ,/2 CbY 5*=53($&#>*
># (,"#>3( .*.$()% &%6 -/$53("2+3B >#
%"+?2+(>3% 5*=53($&#>* CbYI
5*6"#B qc#,r &%6 qY3(r 5 )/)(>03(
A?2#>3# +#"(’(.$"/5#>3# %"+?2+(>3#
#%23/H6N9+%%+_~
’#,/ %&%63/>(I
"(’(.$"#0’3 %"+?2+(>3# #%23/ )/A>#
2/,/>#B "75>3(A -/-"+(+ >#03=>3403( >#
-#>(&% -"+*03.,%
&%6 5*6"#>3( /-0’3
qc(&(9/>ao&%($//$1r;
?/#!&0, /.9
gehY
N(=&3 -/2E?0+(>3( %"+?2+(>3# KLo
/26*5# .34@ !2* .*.$() ’(.$ 5E?0+/>*@
5750+#. >#.$4-%’( /2$5#"+#>3(
%$5/"75 +>#’2%’?0*01 .34 ># %"+?2+(>3%;
3% +
E#2%’?0(!/ -/"$% KLo +#&(0# .34
/2E?0+*B %"+?2+(>3( S.)#"$9/>U@
/2E?0+#’?0 +#5.+( ,#6(& >#’-3("5
/2 !>3#+2# 5 .#)/01/2+3(@ # >3( /2
%"+?2+(>3#; J#6&( 53.+?0( &%6 /2E?0+/>(
5 >3(-"#532E/5* .-/.76 )/!E*6*
+#,E703B 9%>,0’4 E#2/5#>3# 3a&%6
>3(,/"+*.$>3( 5-E*>?B ># .$#> -/"$%
KLo;KF8G8 C/"$* KLo .E%A? 2/ -"+(.*E#>3#
2#>*01 + -(>2"3}(·#@ .)#"$9/># 3$2; /"#+
2/ -/5/&>(!/ E#2/5#>3# %"+?2+(>3#@ 0/
>3(.$($* >3( +#5.+( ’(.$ !5#"#>$/5#>(@
-/>3(5#A +#&(A* /2 $*-%a)#",3
%"+?2+(>3# +(5>4$"+>(!/;
Y3(,$7"( -#)3403 KLo )/!? >3( 6*B
/6.E%!35#>( -"+(+ .*.$() 5750+#. )/A( >3( >#.$4-/5#B
-"+(E?0+#>3( #%$/)#$*0+>( $"*6% q:#23/r
># $"*6 q^(23#r;
G2*6* /2$5#"+#>3( %A*5#>(!/
%"+?2+(>3# >3( >#.$?-3E/@ >#&(A*
.-"#52+3B ’(!/ ,/)-#$*63&>/=B@
5*63("#’?0 $"*6 ^(23#R ># 5*=53($�+%
.*.$()%*
,/)%>3,#$;
?FHJNGU ,/m
S+#&(A>3( /2 5*-/.#A(>3#UgeiY
C/ -/2E?0+(>3% %"+?2+(>3# 2/ !>3#+2#
8Kx .*.$() +#0+*># /2$5#"+#B O"72E/
8Kx + $#,3(!/ %"+?2+(>3#@ / 3&( ’(!/
/2$5#"+#>3( ’%A .34 "/+-/0+4E/;
C/+3/) !E/=>/=03 >#&(A* 5*"(!%&/5#B
+# -/)/0? -"+*03.,%a-/,"4$E#
>#
-#>(&% &%6 -/-"+(+ (&()(>$ .$("/5#>3#
!E/=>/=03? 5 -/2E?0+/>*) %"+?2+(>3%;
,0’#)3 %"+?2+(>3#
-/2E?0+/>(!/ 2/ O"72E# 8Kx .$("%’( .34
6(+-/="(2>3/ -"+(+ $/ %"+?2+(>3(;

^KTcb^X_b8

+)*9 +%=%?"#
.7+:&#OL# +M:8N -969U%$
86* %#,$*5>3B $"*6 c(&(9/>@ >#&(A*
>#03.>?B ># -#>(&% -"+*03., Cp J/)%>3,#$ ># 5*=53($�+% -/$53("2+#
-/2E?0+(>3( $(&(9/>%;
5*,#+ ,/)-#$*63&>*01 $(&(9/>75
,/)7",/5*01 3 /6.E%!35#>*01 -"+(+ >3(
9%>,0’3@ >#&(A* +#-/+>#B .34 +( .$"/>?
555;2"3}(%0/>>(0$;(%;
cN$7OL9 R%T*+#&%&9
H# -/="(2>30$5() -"+*03.,75
!"#930+>*01 532>3(’?0*01 >#
5*=53($�+% )/A&35( ’(.$R
5-"/5#2+#>3( >%)("% $(&(9/>% S+#
-/)/0? ,5#$%"* !"#930+>(’ 532>3(’?0(’
># 5*=53($�+%UI
5*=53($&#>3( 3 >#53?+*5#>3( -/E?0+(D
+ ,/>$#,$#)3 532>3(’?0*)3 5 .-3.3(
$(&(9/>75 $(&(9/>% ,/)7",/5(!/I
5*=53($&#>3( 3 >#53?+*5#>3( -/E?0+(D
+ ,/>$#,$#)3 + "(’(.$"% /.$#$>301
-/E?0+(DI
-"+*-3.*5#>3( )#,.*)#&>3( h\
$(&(9/>75a%"+?2+(D #%23/@ #6* %E#$53B
3 -"+*.-3(.+*B 2/.$4- 2/ >301 3 301
-/2E?0+#>3(I
-"+(,#+*5#>3( "/+)75 $(&(9/>30+>*01
+ .*.$()% 2/ $(&(9/>% ,/)7",/5(!/ 3
/25"/$>3( /"#+ 5*E?0+(>3( 2O534,%
)3,"/9/>% .*.$()/5(!/ 5 0(&%
-"+(-"/5#2+(>3# "/+)75 -"*5#$>*01;86* +#-/+>#B .34 + 5*,#+() $(&(9/>75
,/)7",/5*01 3 /6.E%!35#>*01
9%>,0’3@ >#&(A* 5(’=B ># .$"/>4
555;2"3}(%0/>>(0$;(% ,%6
.,/>$#,$/5#B .34 + <6.E%!? J&3(>$75
S>%)(" )/A( 6*B 3>>* 5 +#&(A>/=03
/2 ,"#’%@ 5 ’#,3) ,&3(>$ .34 +>#’2%’(R
>#&(A* +#-/+>#B .34 + $#6(&? /2>3(.3(>3#
+>#’2%’?0? .34 5 .(,0’3 qF*,#+ >%)("75
2/ <6.E%!3 J&3(>$#r 5 >3>3(’.+(’
-%6&3,#0’3U;
=9L9*+M#OL# +969U%$N 7%S‘M7%&9Q%
86* +#"(’(.$"/5#B $(&(9/> ,/)7",/5*@
>#&(A*R
%#,$*5>3B 5 $(&(9/>3( ,/)7",/5*)
9%>,0’4H6N9+%%+_~
I
>#03.>?B ># -#>(&% -"+*03., Cp ’(=&3 5 .*.$()3( >3( +#"(’(.$"/5#>/
’(.+0+( A#2>(!/ $(&(9/>% ,/)7",/5(!/@
5750+#. 5*=53($&#>* ’(.$ /2-/53(2>3
(,"#>I
5*6"#B qc#,r@ #6* "/+-/0+?B
-"/0(2%"4 "(’(.$"#0’3@ # >#.$4->3(
/2>#&(OB 5 $(&(9/>3( ,/)7",/5*)
%"+?2+(>3( / 3&( $(&(9/> $(!/ 5*)#!#@ >#&(A*
5-"/5#2+3B ># ’(!/ ,5#$%"+( ,/2
CbY 5*=53($&#>* ># (,"#>3( .*.$()% &%6
-/$53("2+3B 5 $(&(9/>3( ,/)7",/5*)
5*=53($&#>* CbYI
># (,"#>3( qc(&(9/>r )/A># +#5.+(
+#"(’(.$"/5#B $(&(9/> ,/)7",/5*@
>#03.,#’?0 ># -"+*03., !"#930+>*qY#.$#5;rR >#03.>?B -"+*03., !"#930+>*
q_/2#B %"+?2+;r 3 -/.$4-/5#B $#,@ ’#,
/-3.#>/ -/5*A(’I
5*6"#B qc#,r &%6 qY3(r 5 )/)(>03(
A?2#>3# +#"(’(.$"/5#>3# $(&(9/>%
,/)7",/5(!/ ’#,/ %&%63/>(I
KF8G8 C/ 5*,/>#>3% #,$%#&3+#0’3
/-"/!"#)/5#>3# >#&(A*@ 5 0(&%
+#-(5>3(>3# -"#532E/5(!/ 2+3#E#>3#@
%.%>?B $(&(9/> + &3.$* -/53?+#>*01 +
"#23() %"+?2+(D@ .,#./5#B 50+(=>3(’.+(
.-#"/5#>3( .*.$()% "75>3(A + 5*,#+%
%"+?2+(D o&%($//$1 ># $(&(9/>3( 3
5*,/>#B >/5? "(’(.$"#0’4;
(M"9$%*"9$’9 T#$:O_ +969U%$N X*R’*N
+969U%$‘& ’ %*+#+$’O_ R%PZO"9)Y
< 3&( $(&(9/> ,/)7",/5* -"+(532%’(
9%>,0’4 -"+(>/.+(>3# .-3.% $(&(9/>75
-/-"+(+ $(01>/&/!34H6N9+%%+_~
;
Y# -*$#>3( / .,/-3/5#>3( .-3.%
$(&(9/>75 2/ .*.$()% /2-/53(2+3(B
qc#,r;
F -"+*-#2,% %2+3(&(>3# /2-/53(2+3
qY3(r@ )/A&35( 642+3( 5*,/>#>3( $(’
/-("#0’3 5 -"+*.+E/=03;
/#&’Z":&#$’9 R%PZO"9$’#
F*,/>#>3( /-3.#>*01 -/>3A(’ 0+*>>/=03
)/A&35( ’(.$ $*&,/ 5750+#.@ ’(=&3 .? />(
/6.E%!35#>( -"+(+ %A*5#>* $(&(9/>
,/)7",/5*;
Y#53?+*5#>3( -/E?0+(>3# )/A&35( ’(.$ 5
’(2(> + >#.$4-%’?0*01 .-/./675R


-/-"+(+ 5*6"#>3( 3,/>*SL-3.
$(&(9/>75 $(&(9/>% ,/)7",/5(!/UI
-/-"+(+ 5*6"#>3( -/+*0’3 q<.$;
-/E?0+;rI
-/-"+(+ 5*6"#>3( 3,/>*S,5#$%"#
!"#930+>#UI
-/-"+(+ >#03=>3403( -"+*03.,%
!"#930+>(!/ qF*5/E#’ -/>/5;r;
E#M"ZT"#$’9 $#TO_%T"ZO:S
R%PZO"9$’9S
H# -/)/0? -"+*03.,75 !"#930+>*01
5*=53($&#>*01 ># (,"#>3( )/A>#
+#"+?2+#B >#.$4-%’?0*)3 9%>,0’#)3
2/$*0+?0*)3 -/E?0+(>3# $(&(9/>30+>(!/R
<263("#>3(R >#03.>?B -"+*03.,
!"#930+>* q<2-/5;r &%6 -"+*03., >#
,3("/5>30*
I
<2"+%0#>3(R >#03.>?B -"+*03.,
!"#930+>* qH3!>/"%’r &%6 -"+*03., >#
,3("/5>30*
I
<2"+%0#>3( -/E?0+(>3#I
K.$#53#>3( 5
/0+(,35#>3%a5+>#53#>3(I
F*E?0+#>3(a5E?0+#>3( )3,"/9/>%I
C"+(>/.+(>3( "/+)/5*I
C"+(01/2+(>3( + ’(2>(!/ #,$*5>(!/
-/E?0+(>3# 2/ 2"%!3(!/I
J/>9("(>0’#aE?0+(>3( 25701
#,$*5>*01 -/E?0+(D;>":+$’7 &’#T%S%[O’ !@!
86* .,/"+*.$#B + $(’ 9%>,0’3@ $(&(9/>
,/)7",/5* )%.3 /6.E%!35#B 5*)3#>4
53#2/)/=03 L^L -/-"+(+H6N9+%%+_~
;
F "#+3(@ !2*6* 9%>,0’# $# >3(
6*E# /6.E%!35#># -"+(+ $(&(9/>@
/2>/=>* -"+*03., !"#930+>*
’(.$
2(+#,$*5/5#>* S5*.+#"+#>*U;
C/ /2(6"#>3% 53#2/)/=03 $(,.$/5(’
># 5*=53($�+% -/’#53 .34 (,"#>
%)/A&353#’?0* 5*67" .-/="72 /-0’3
qC/.E%01#’r@ qF*5/E;r &%6 qH3!>/"%’r;
_/ &3.$* 53#2/)/=03 L^L /$"+*)#>*01
># $(&(9/> ,/)7",/5* )/A># 5(’=B@
>#03.,#’?0 -"+*03., !"#930+>*
;
KF8G8 Y3(,$7"( $(&(9/>* ,/)7",/5(@
-/ -/E?0+(>3% .34 + .*.$()()
3( %5+!&42>3#B
%.$#53(>3# 2/$*0+?0(!/ -/$53("2+#>3#
/2(6"#>3# 53#2/)/=03 L^L@
.,/>93!%"/5#>(!/ ># $(&(9/>3(; F
-"+*-#2,% 5*.E#>3# 53#2/)/=03 L^L
-/-"+(+ .*.$()3,
)/A( +#%5#A*B@ 3A )%.3#E -/>3(=B
2/2#$,/5* ,/.+$ +53?+#>* + A?2#>3()
-/$53("2+#>3# 2/.$#"0+(>3# 53#2/)/=03
L^L 5*.E#>(’ + $(&(9/>%; F "#+3(
’#,301,/&53(, -"/6&()75 2/$*0+?0*01
-/5*A.+(’ 9%>,0’3 >#&(A* +5"703B .34 2/
.5/’(!/ /-("#$/"# $(&(9/>30+>(!/;
!’M’ 4:9* cM99
L3"3 %)/A&353# -/.E%!35#>3( .34 !E/.()
2/ 5*.*E#>3# 53#2/)/=03 $(,.$/5*01@+#"+?2+#>3# O"72E#)3 )%&$3)(23#&>*)3@
-/E?0+(>3#)3 $(&(9/>30+>*)3 3 >3( $*&,/@
#6* )/A&35( 6*E/ -#$"+(>3( .34 ># 2"/!4
3 $"+*)#>3( "?, ># ,3("/5>30*@ # 2+34,3
L3"3@ ’(2>/0+(.>( 5*,/>*5#>3( 3>>*01
>3(+642>*01 0+*>>/=03;
86* %#,$*5>3B L3"3@ >#&(A* >#03.>?B
2E%A(’ 3 +5/&>3B -"+*03., +>#’2%’?0* .34
5="72 (&()(>$75 .$("/5#>3#
>#
,3("/5>30*; C/ %.E*.+(>3% -/257’>(!/
,"7$,3(!/ .*!>#E% 2O534,/5(!/ )/A>#
"/+-/0+?B 3>$("#,0’4 + 9%>,0’? L3"3;
KF8G8 K"+?2+(>3( ,/)-#$*63&>( +
L3"3 )%.3 6*B .-#"/5#>( + .*.$()()
"(’(.$"#0’3 S-#$"+ 5E#=035# .(,0’#U;
Y#&(A* )753B 5*"#O>3(@ >/")#&>*)
$()-() 3 + >/")#&>? !E/=>/=03?;
g%>,0’# L3"3 2/.$4-># ’(.$ ># 3C1/>(•#01
sL 3 5(".’#01 -7O>3(’.+*01;
+)*9 #,2$<,&0,
@9$N QP‘&$9 $#&’Q#OL’
/=03
>#53!#0’3 )/A># "(!%&/5#B
5*E?0+>3( -/20+#. /2$5#"+#>3#
3>.$"%,0’3 !E/./5*01@ -/.E%!%’?0 .34
-"+*03.,3()a-/,"4$E()
S 86* 5E?0+*B ^(>% !E75>( >#53!#0’3@
>#&(A* >#03.>?B -"+*03., Y8] ># -#>(&%
.*.$()%@ # >#.$4->3( >#03.>?B ’(2(> +
>#.$4-%’?0*01 -"+*03.,75 ># (,"#>3(R

^KTcb^X_b8

qF1("( $/«r S_/,?2«UR #6* /2>#&(OB
&%6 ,3("/5#B .34 2/ 2#>(!/ )3(’.0#
2/0(&/5(!/I
q]3(5 )#-r SF*=53($& )#-4UR #6*
5*=53($&3B ># (,"#>3( )#-4I
qb>9/")#$3/>r Sb>9/")#0’(UR #6*
5*=53($&3B ># (,"#>3( 3>9/")#0’(
2/$*0+?0( >#53!#0’3I
qX)("!(>0*r SL*$; #5#"*’>#UR
5*.+%,35#>3( .+-3$#&3@ ,/)3.#"3#$75
-/&30’3 3$2;
_/.$4->( .? $#,A( -"+*03.,3 !"#930+>(R
qL($$3>!.r SK.$#53(>3#UR 5*67"
%.$#53(D .*.$()%I
qL$/-r SH#$"+*)#’UR -"+("5#>3(
>#53!#0’3I
q_3}("$r S<6’#+2UR )/A&35( /6’#+2*
%.$#53/>(’ $"#.*I
q:(-(#$r SC/5$7"+UR 5*+>#0+(>3(
$"#.* 2/ /.$#$>3(!/ 5*6"#>(!/ )3(’.0#
2/0(&/5(!/;
2_9M9 +%ƒ X;%7ZTƒY
86* %"%01/)3B -"/5#2+(>3( 2/ 2#>(!/
)3(’.0# 2/0(&/5(!/@ >#&(A* 5 )(>%
!E75>*) >#53!#0’3 >#03.>?B -"+*03.,
!"#930+>* q_/,?2«r 3 5*6"#B ’(2>? +
-/>3A.+*01 /-0’3R
q822"(..r S82"(.UR 5*.+%,35#>3(
)3(’.0# 2/0(&/5(!/ -/-"+(+
5-"/5#2+(>3( >%)("% &%6 >#+5* %&30*I
q:(0(>$r S<.$#$>3(UR -"+*5/E*5#>3(
)3(’.0# 2/0(&/5(!/ +#-&#>/5#>(!/ ’%A
50+(=>3(’I
qC/3>$ /9 b>$("(.$r SC%>,$ C -&#>/5#>3( $"#.* 5(2E%! )3(’.0#
%A*$(0+>/=03 -%6&30+>(’ S-%>,$% C -/-"+(+ 5*67" + &3.$* &/,#&3+#0’3 3 )3(’.0
%A*$(0+>/=03 -%6&30+>(’I
qg#}/%"3$(.r SK&%63/>(UR
-"+*5/E*5#>3( #2"(.% &%6 )3(’.0#
2/0(&/5(!/ +#-3.#>(!/ ’%A 50+(=>3(’I
qb>$(".(0$3/>r SL,"+*A/5#>3(UR
,3("/5#>3( .34 5 .$"/>4 .,"+*A/5#>3#
2"7!I
qG/ p/)(r SC"/5#2O 2/ 2/)%UR
-&#>/5#>3( &%6 -/$53("2+#>3( $"#.* -/2
#2"(. 2/)/5*I
qc"3-r SC/2"7AUR -&#>/5#>3( >/5(’
-/2"7A* &%6 -"+*5/E*5#>3( ’(2>(’ + ’%A
+#-3.#>*01I
qc/5> M(>$"(r SM(>$"%)
)3(’.0/5/=03UR #6* 2/$"+(B 2/ 0(>$"%)
A?2#>(’ )3(’.0/5/=03I
qM&/.(.$ c/5>.r SY#’6&3A.+(
)3(’.0/5/=03UR #6* 2/$"+(B 5 /,/&30(
2#>(’ )3(’.0/5/=03;
qc"#3&.r Sc"#.*UR #6* +#-3.#B 5 -#)3403
-/,/>*5#>? $"#.4@ 6* )70 ’? -"+*5/E#B
5 -"+*.+E/=03;
^/A># $#,A( 5.,#+#B )3(’.0( 2/0(&/5(@
-/2#’?0 5.-7E"+42>( !(/!"#930+>(@
5*63("#’?0 -%>,$ ># )#-3( &%6 -/-"+(+
>%)(" -%>,$% C 86* 5*=53($&3B ># (,"#>3( )#-4 2&#
#,$%#&>(’ -/+*0’3 .#)/01/2%@ 5 ^(>%
!E75>*) >#53!#0’3 >#&(A* >#03.>?B
-"+*03., !"#930+>* q]3(5 ^#-r SF*=53($&
)#-4U;
G2* )#-# 5*=53($&#># ’(.$ ># (,"#>3(@
2/.$4->( .? >#.$4-%’?0( /-0’(R
q^(>%rR -/5"7$ 2/ ^(>% !E75>(!/
>#53!#0’3I
qvawrR -/534,.+#>3(a-/)>3(’.+#>3(
)#-*I
qc3)( /9 8""3}#& SG/2+3># 2/$#"03#
># )3(’.0(Uac3)( $/ _(.$3>#$3/>
SM+#. -/+/.$#E* 2/ )3(’.0#
2/0(&/5(!/Ua_3.$#>0( S<2&(!E/=BUrR
5*=53($&#>3( ’(2>(’ + >#.$4-%’?0*01
/-0’3R qc3)( /9 8""3}#& SG/2+3># 2/$#"03#
># )3(’.0(Ur@ qc3)( $/ _(.$3>#$3/> SM+#.
-/+/.$#E* 2/ )3(’.0# 2/0(&/5(!/Ur@
q_3.$#>0( S<2&(!E/=BUr S$*&,/ -/20+#.
>#53!#0’3UI
qc%"> T3.$ ST3.$# +#,"4$75UrR
5*=53($&#>3( &3.$* )/A&35*01 /6’#+275 5
"#)#01 $"#.* S$*&,/ -/20+#. >#53!#0’3UI
q<-$3/>.r S<-0’(UR )/A># +)3(>3B
5*=53($&#>3( )#-*@ +)3(>3B %.$#53(>3#
>#53!#0’3@ -/5$7"+*B /.$#$>3?
5.,#+75,4 2/$*0+?0? 2"/!3@ 5*=53($&3B
&3.$4 5.,#+75(, 3 -"+("5#B >#53!#0’4;


.7+N#6’"#OL# S#R
F 0(&% 2/,/>#>3# #,$%#&3+#0’3 )#-
>#53!#0’3 >#&(A* +5"703B .34 2/ 8L<
)#",3 8&9# :/)(/;
@9$N N*+#&’9)
F -"+*-#2,% )#-* 2/.$4->( .?
>#.$4-%’?0( %.$#53(>3#R
q^#- L($%-r SK.$#53(>3# )#-*UR
2/.$/./5#>3( $"*6% 5*=53($&#>3# )#-*I
qL-((2 T3)3$r ST3)3$ -"42,/=03UR
#,$*5#0’#a2(+#,$*5#0’# .*!>#&3+#0’3
#,%.$*0+>(’ -"+(,"/0+(>3# &3)3$%
-"42,/=03 /"#+ 5-"/5#2+#>3( 5#"$/=03
&3)3$% -"42,/=03I
qY#53!#0’#rR 2/.$/./5#>3( >#53!#0’3I
q_^LrR +)3#># $"*6% 5*=53($&#>3#
.*!>#E% GCL ># 5*=53($�+%I
qc^M L$#$3/> T3.$rR 5*=53($&#>3( >#
(,"#>3( &3.$* .$#0’3 "#23/5*01 >#2#’?0*01
3>9/")#0’( / "%01% 2"/!/5*) c^M
Sc"#9930 ^(..#!( M1#>>(&U;
3$U%MS#OL9
86* 5*6"#B ’(2>? + -/>3A.+*01
3>9/")#0’3@ 5 )(>% !E75>*) >#53!#0’3
>#&(A* >#03.>?B -"+*03., !"#930+>*
qb>9/")#0’(rR
:%01 2"/!/5*I
G2+3( ’(.$()«R 5*=53($&#>3( 5E#.>(’
-/+*0’3 ># )#-3(I
c"3- M/)-%$("R ,/)-%$("@ ,$7"*
!"/)#2+3 !E75>( 3>9/")#0’( / $"#.3(@
,$7"? -"+()3("+# %A*$,/5>3,;E#QM%W9$’9
C"+*03., !"#930+>* qX)("!(>0*r SL*$;
#5#"*’>#U >#&(A* >#03.>?B@ #6* 5*6"#B
>#’6&3A.+* .+-3$#& &%6 -/.$("%>(, -/&30’3 3
’(01#B 2/ >3(!/ +!/2>3( + >#53!#0’?;
-M:8 o.R6’7#OL9p
Y#03.>?B ># -#>(&% -"+*03., 8CCL@ #6*
5*=53($&3B ># (,"#>3( >#.$4-%’?0(
%.$#53(>3#R
b>9/")#0’( $"*675 ^%&$3)(23#a:#23/
b>9/")#0’( /!7&>(
c()-; +(5>4$"+>#
J/)-; -/2"7A*
H(!#"
J/)-#.
/.;/<$ /NYHHLNXw =$q%
C/ >#03=>3403% -"+*03.,% 8CCL >#.$4-%’(
5(’=03( 2/ )(>% 8-&3,#0’( .*.$()%
_/.$4->/=B -/.+0+(!7&>*01 %.E%! +#&(A*
/2 ,/>93!%"#0’3 .#)/01/2% 3 /2 "*>,%@ >#
,$7"*) !/ +#,%-3/>/;
86* .,/"+*.$#B + %.E%! >#&(A* -/6"#B #-&3,#0’4 53¥4+ G//!&( C&#* &%6 + 8--&( L$/"( 3
+#"(’(.$"/5#B .34 -/-"+(+ #-&3,#0’4 &%6
># .$"/>3( 555;_"3}(K0/>>(0$;(%;
(’9M&*": T%*+]R T% N*PNQ &
*#S%O_%T"’9
C/ %"%01/)3(>3% #-&3,#0’3 53¥43 5-"/5#2+(>3% .5/301 2#>*01%53("+*$(&>3#’?0*01@ #6* 5(’=B 2/ %.E%!
,/>3(0+>( ’(.$ .-#"/5#>3( -/-"+(+
o&%($//$1 -/.3#2#>(!/ .)#"$9/>#
3 "#23//2$5#"+#0+#@ ’#, /-3.#>/
5 "/+2+3#&( q:(’(.$"#0’# $(&(9/>%
,/)7",/5(!/r;
C/ 5*,/>#>3% .-#"/5#>3# 3
>#03=>3403% 3,/>*#
"#23//2$5#"+#0+% 642+3( )/A># 5(’=B
2/ %.E%! />&3>(;
86* )70 ,/"+*.$#B + %.E%! />&3>(@
%A*$,/5>3, )%.3 5*,/>#B -"/0(2%"4
#,$*5#0’3 +!/2>3( +( 5.,#+75,#)3
-/’#53#’?0*)3 .34 5 #-&3,#0’3 53¥4-/ .-#"/5#>3% %"+?2+(D -/-"+(+
H6N9+%%+_~
;
<*+#&’9$’# N*PNQ 7+‘M:S’ S%W$# "#M"ZT"#^ "# R%S%OZ
M#T’%%T+&#M"#O"#
F )(>% "#23# -"+(+>#0+/>*) 2/ %.E%!
# 5(’=B 2/ .(,0’3
%.$#53(D -/-"+(+ 3,/>4
; F .(,0’3 $(’
%A*$,/5>3, 642+3( )7!E .-"#52+3B /-0’(
.*.$()% 3 +)3(>3B ’( 5(2E%! 5E#.>*01
-"(9("(>0’3;
.7+N#6’"#OL# *:*+9S‘&
F "#+3(@ !2*6* 2/.$4-># 6*E#
#,$%#&3+#0’# .*.$()% 53¥4@ -/20+#. ,/"+*.$#>3# + %.E%!
3, +/.$#>3(
-/3>9/")/5#>* / >3(’ ,/)%>3,#$()
532/0+>*) ># (,"#>3( "#23//2$5#"+#0+#;

^KTcb^X_b8


<*PNQ’ %$6’$9, T% 7+‘M:O_ S%W$# &9L[^
& *#S%O_%T"’9
8-&3,#0’( X99303(>$ _"3}(@ C("9/")#>0( 3
)*RM#" /-"#0/5#>/ -/ $/@ 6* ,&3(>$ )7!E
03(.+*B .34 &(-.+*)3 2/=53#20+(>3#)3
-/20+#. ’#+2*@ # ,/"+*.$#B + >301 )/A>#
># 5.+*.$,301 "*>,#01@ ># ,$7"*01
2/.$4->( .? %.E%!3 N(=&3 5 "#23//2$5#"+#0+% +#3>.$#&/5#>*
’(.$ .*.$() >#53!#0’3@ 2/.$4- 2/ %.E%!
# ,/"+*.$#>3(
+ %.E%! qT3}(r 93")* c/)c/);
(9MU%MS#$O9
8-&3,#0’# C("9/")#>0( )# .-/5/2/5#B@
A( ,3("/50# >#63("+( =)3#E/=03
-/20+#. ’#+2* $*) .#)/01/2() 3
642+3( )3#E =53#2/)/=B )/A&35/=03
5E#.>(!/ -/’#+2%; KA*$,/5>3, 642+3(
)7!E =&(2+3B .5/’( /.3?!>3403# 2+34,3
.-(0’#&>()% &30+>3,/53 /"#+ 5.,#O>3,/)
2/.$4->*) ># (,"#>3( "#23#; C/>#2$/
2+34,3 #-&3,#0’3 C("9/")#>0( 642+3(
)/A># ,/"+*.$#B + -/"#2 2/$*0+?0*01
’#+2*@ -"+(,#+*5#>*01 ># 63(A?0/@
"(’(.$"/5#B .5/’( $"#.* 3 5 +#&(A>/=03 /2
.5/’(!/ .$*&% +# ,3("/5>30? /$"+*)*5#B
/2-/53(2>3( /2+>#,3; K)/A&353# />#
$#,A( %A*$,/5>3,/53 )/>3$/"/5#>3(
5E#.>*01 5*>3,75 ># .)#"$9/>3( 2+34,3
#-&3,#0’3 3 %2+3(&3 ># $/ +!/2*@ 642+3( )7!E
"75>3(A 2+3(&3B .34 .5/3)3 5*>3,#)3
+( .-/E(0+>/=03?#
.$"/>3( 555;_"3}(K0/>>(0$;(%;C/-"+(+ >#03.,#>3( 5*)3(>3/>*01
-"+*03.,75 !"#930+>*01 .*.$()%
3, 642+3( )7!E
5(’=B 2/ >#.$4-%’?0*01 .(,0’3R
2*7#a$’7’R 5*=53($&#>3( -(5>*01
.$#>75 .#)/01/2%R -/+3/) >#E#2/5#>3#
3 .$#> #,%)%&#$/"#@ 03=>3(>3( /&(’% 3$-;
2*7#a$’7’ T:$#S’O"$9R
5*=53($&#>3( 5.,#O>3,75 2*>#)30+>*01R
C"+(03?A(>3( G@ -/E/A(>3( -(2#E%
S1#)%&0#@ -"+*.-3(.+(>3#U 3$2;
1T"$#7#R 5 .(,0’3 <2+>#,#
!"/)#2+/>( .? 2#>( / .%,0(.#01
%A*$,/5>3,75; J#A2# /2+>#,#@ 6"?+/5#@
."(6"># 3 +E/$#@ 5 +#&(A>/=03 /2 5*>3,75
%A*$,/5>3,#@ )/A( +/.$#B +#6&/,/5#>3#
&%6 /26&/,/5#>#;
5’O"$’7R 5*=53($&#>3( 0+#.75 -/2"7A*@
="(2>301 -"+(63(!75 $*)0+#./5*01@
/2&(!E/=03 3$2;
-M#*:R %A*$,/5>3, )/A( 5*6"#B
’(2>? + "7A>*01 $"#. 3 +2/6*5#B >/5(
2/=53#20+(>3# +53?+#>( + ’#+2?@
5*=53($&#B )#-4 $"#.@ 501/2+3B 2/
5.+*.$,301 +"(#&3+/5#>*01 $"#.;
AB@%L9 +M#*:R $5/"+(>3( /./63.$(’
$"#.* &%6 5*67" $"#.* .-/="72
%$5/"+/>*01 -"+(+ .3(63( 50+(=>3(’ /"#+
"(’(.$"/5#>3( =% GCL /2 -%>,$%
-/0+?$,/5(!/ q8r 2/ -%>,$% ,/D0/5(!/
qor;
<*+#&’9$’#R 5*67" ’(2>/.$,3 )3#"*
/"#+ )/A&35/=B %$5/"+(>3# ,/-33
+#-#./5(’ 2#>*01;
=9L9*+M%&#$’9 ’ RM"97#":&#$’9 T#$:O_
" R%TM‘W:
_#>( + -/2"7A* )/A># +#-3.*5#B 5
-#)3403 .*.$()% 3 %2/.$4->3#B 3>>*)
2+34,3 #-&3,#0’3 $()% )/A># -7O>3(’ -"+(’"+(B 6#+4
+!"/)#2+/>*01 2#>*01@ 5*=53($&#’?0
#>#&3+4 /!7&>? 2#>*01 + -/2"7A*; F340(’
3>9/")#0’3 2/.$4->*01 ’(.$ ># .$"/>3(
555;_"3}(K0/>>(0$;(%;
86* 5 -(E>3 ,/"+*.$#B + 9%>,0’3 $(’ %.E%!3@
%A*$,/5>3, )%.3 5*"#+3B +!/24 >#
"(’(.$"/5#>3( 2#>*01 5 .#)/01/2+3(;
T/,#&3+#0’4 !(/!"#930+>? 2#>(!/
%A*$,/5>3,# 5.,#+%’( >#.$4-%’?0# 3,/>#
; H# -/="(2>30$5() #-&3,#0’3 >#
.)#"$9/>#3,
642+3( )7!E +2(0*2/5#B@ 0+* +!#2+# .34
># "/+-/+>#5#>3( ’(!/ -/+*0’3 3 2+3(&(>3(
.34 2#>*)3 +( .-/E(0+>/=03?;
4UU’O’9$+ ;M’q9
8-&3,#0’# X99303(>$ _"3}( %)/A&353#
5*=53($&#>3( 5 0+#.3( "+(0+*53.$*)
3>9/")#0’3 / 5E#.>*) .$*&% ’#+2*@ 0/
-/+5#&# ># .$/->3/5( +534,.+#>3(
’(!/ .,%$(0+>/=03@ ’(=&3 01/2+3 /
+%A*03( -#&35# 3 ()3.’( .+,/2&35*01
+#>3(0+*.+0+(D;
<0(># .$*&% ’#+2* +#&(A># ’(.$ /2
0+$("(01 5.,#O>3,75@ ,$7"( )/>3$/"%’?


>#.$4-%’?0( -#"#)($"*R -"+*.-3(.+#>3(@
+5#&>3#>3(@ +)3#># 63(!75@ -"42,/=B;
2*7#"#$’# UN$7OL’ 4UU’O’9$+ ;M’q9
86* %"%01/)3B $4 9%>,0’4@ >#&(A*
>#03.>?B -"+*03., !"#930+>* X99303(>$
_"3}(;
F "#23//2$5#"+#0+% +/.$#>3(
5*=53($&/>* (,"#>@ ># ,$7"*) 532>3(’? s
5.,#O>3,3R C"+*.-3(.+#>3(@ H5#&>3#>3(@
C"42,/=B 3 H)3#># 63(!75;
F.,#O>3,3 $( 642? ,/&/"% .+#"(!/@
2/-7,3 .*.$() >3( 642+3( )3#E
5*.$#"0+#’?0*01 2#>*01@ #6* /0(>3B .$*&
’#+2*;
C/ +!"/)#2+(>3% 5*.$#"0+#’?0(’ 3&/=03
2#>*01 5.,#O>3,3 $( -"+*63/"? W ,/&/"75@
5 +#&(A>/=03 /2 2/,/>#>(’ /0(>*R
03()>/+3(&/>* S2/.,/>#E#U@ ’#.>/+3(&/>*@
A7E$*@ -/)#"#D0+/5* 3 0+("5/>* S6#"2+/
+E#U;
F -"+*-#2,% 2E%A.+*01 -/.$/’75 >#
5*=53($�+% -/’#53 .34 %+*.,#>#
2/$*010+#. ="(2>3# 5.,#O>3,75 Sql"(2;
5.,;rU@ #6* -7O>3(’ -/>/5>3( 5*=53($&#B
5 ,/&/"#01 -/.+0+(!7&>( 5.,#O>3,3@ !2*
$*&,/ .#)/0172 5+>/53 ’#+24;
S:\>#M
_+34,3 )*RM#" )/A># +#5.+( )3(B
,/>$"/&4 >#2 -/-"#5>*) .$#>()
5E#.>(!/ .#)/01/2%;
)*RM#" -/$"#93 5 0+#.3( "+(0+*53.$*)
"/+-/+>#5#B >3(-"#532E/5/=03
5 2+3#E#>3% -/’#+2% 3 3>9/")/5#B%A*$,/5>3,# / %-E*53( $(")3>% ’(!/
-"+(!&?2% /,"(./5(!/; 86* /6.E%!35#B
#-&3,#0’4@ >#&(A* >#03.>?B -"+*03.,
!"#930+>* q)*RM#"r;
Y# 5*=53($�+% -/’#53 .34 (,"#>@ >#
,$7"*) 532>3(’( .(,0’# q0#"(Rb>2(ƒr@
5 ,$7"(’ +>#’2%’? .34 5.+*.$,3(
.+0+(!7E/5( 3>9/")#0’( / .$#>3(
.#)/01/2%;
C/-"+(+ >#03=>3403( -"+*03.,%
!"#930+>(!/ q8,$*5>( .*!>#E*r )/A>#
5*=53($&3B .+0+(!7E* "/+-/+>#>*01 5
.#)/01/2+3( #>/)#&33 S/ 3&( 5*.$4-%’?U@
,$7"( .-/5/2/5#E* +#=53(0(>3( .34
&#)-,3 .*!>#&3+#0*’>(’;
@%R#M
~>%$$9O+S+#&(A>3( /2
5*-/.#A(>3#U $/ >/5* +(.$#5
+3>$(!"/5#>*01 + %.E%!#)3
*01
6(+-3(0+(D.$5% 3 ,/>$"/&3 .#)/01/2% >#
/2&(!E/=B;
F 0(&% %+*.,#>3# 2/2#$,/5*01
3>9/")#0’3 >#&(A* 5(’=B ># .$"/>4
555;2"3}(%0/>>(0$;(%;
/.+,2$%#$,
Y# -#>(&% >#&(A* >#03.>?B -"+*03.,
@
#6* 5*=53($&3B ># (,"#>3( )(>% !E75>(
%.$#53(D;3#
-/+*0’3 )(>% "7A>3 .34 5 +#&(A>/=03 /2
5(".’3;
^/>3$/"I
J/)%>3,#$* _Y8I
H(!#"I
L#9($*a 8..3.$#>0( Sg%>,0’(
5.-/)#!#’?0( 6(+-3(0+(D.$5/ 3 ’#+24UI
l53#$E#I
_"+53 3 6&/,#2*I
<-0’( 5*E?0+(>3#I L3&>3,#I
8%23/I
c(&(9/>ao&%($//$1I
J/>93!%"#0’# "#23#I
b>9/")#0’( .*.$()/5(;
F"703B 2/ >#.$#53(D 6#+/5*01I
M&(#" -("./>#& 2#$# SJ#.%’ 2#>(
/./63.$(U;
2;>&’,#$% $#?")3,&0$ " +)*9$%
0,’5* B5#,D
H# -/)/0? $(’ 9%>,0’3 )/A># 5*6"#B@ 0+*
># 5*=53($�+% )#’? 6*B 5*=53($&#>(
,/)%>3,#$* 2/$*0+?0( .*.$()% 8&9#
_Y8 Sq3( Sq ("=%&%#$, <;"."2%
C"+*03.,
5="72 (&()(>$75
.$("/5#>3# ># ,3("/5>30* %)/A&353#
5E?0+(>3( $"*6% "/+-/+>#5#>3#
!E/./5(!/ 5 "#)#01 9%>,0’3 qc(&(9/>r;
X)3$/5#>* ’(.$ ,"7$,3 .*!>#E 2O534,/5*
S.*!>#E #,%.$*0+>*U 3 ># 5*=53($�+%

^KTcb^X_b8

-/’#53# .34 (,"#> -"/-/+*0’3 +#0140#’?0*
%A*$,/5>3,# 2/ 5*-/53(2+(>3#
-/&(0(>3#;
C"+*03.,
@ ’(=&3 +/.$#>3( >#03=>34$*
-/20+#. ,/)%>3,#$% !E/./5(!/
.*.$()%@ %)/A&353# #,$*5#0’4 $"*6%
"/+-/+>#5#>3# !E/./5(!/ 5 "#)#01
$"*675 q:#23/a^%&$3)(23#r@ 2+34,3 0+()%
)/A># .$("/5#B !E/./5/ "#23() 3
/2$5#"+#0+() KLo;
86* )3(B -(5>/=B@ A( -/&(0(>3#
!E/./5( +/.$#>? +#5.+( "/+-/+>#>(
-"+(+ .*.$()@ +#&(0# .34 -"+(.$"+(!#B
-/>3A.+*01 5.,#+75(,R
)753B !E/.() + >/")#&>? !E/=>/=03?I
-"+(2 5*-/53(2+(>3() -/&(0(>3#
-/0+(,#B +#5.+( ># .*!>#E #,%.$*0+>*
Sq6((-rUI
/ 3&( $/ )/A&35(@ >#&(A* +)>3(’.+*B 2/
)3>3)%) .+%) 5(5>?$"+ .#)/01/2%;
H#&(0# .34 $#,A( +#),>?B .+*6* 3
/$53("#>* 2#01 S2&# 5(".’3a"*>,75@ !2+3(
-"+(532+3#>/U;
2&# /-$*)#&>(!/ 9%>,0’/>/5#>3#
+#&(0# .34 +#),>?B /,># 3 (5(>$%#&>3(
2#01 /$53("#>* 5 .#)/01/2+3( S2&#
5(".’3a"*>,75@ !2+3( -"+(532+3#>/U@ #6*
%>3,>?B .+%)75 + +(5>?$"+I
3# !E/./5(
-/53>>* 6*B 5*-/53#2#>( 5
6(+-3(0+>*01 5#"%>,#01 ’#+2*@ +
+#01/5#>3() >/") /6/53?+%’?0*01 52#>*) ,"#’% 3 2/$*0+?0*01 -"#532E/5(!/
%A*$,/5#>3# $(&(9/>% ,/)7",/5(!/;
2:8‘M &’96%7M%+$:
F ,3&,% .-(0*930+>*01 -"+*-#2,#01
.*.$() >3( ’(.$ 5 .$#>3( +32(>$*93,/5#B
5 .-/.76 ’(2>/&3$* 5*-/53#2#>(!/
-/&(0(>3# !E/./5(!/ 3 A?2# 2/,/>#>3#
5*6/"% .-/="72 )#,.*)#&>3( 0+$("(01
#&$(">#$*5;
L*.$() +#-"/-/>%’( &3.$4 >%)("*0+>?
)/A&35*01 #&$(">#$*5@ A?2#’?0 -/2#>3#
-/53?+#>(!/ + ,#A2? + >301 >%)("%;
2:7#" R%69O9) QP%*%&:O_
(%69O9$’# QP%*%&9 1GK5/4\
C<^ 8YKTKN
C bYLc:KJMNX Ge (%69O9$’# QP%*%&9 & M#S#O_ +M:8N
-454c1/\
H8_HF<¡ ¶,/>$#,$‡
FdobX:H YK^X: ¶>%)("‡
FdobX:H YK^X: C <__HF<¡
FdJ YbX<_Xo:8YX C <_Xo:8YX C C LHKJ8N ¶,/>$#,$‡
C (%69O9$’# QP%*%&9 & M#S#O_ UN$7OL’
!@!\
FdlTbN L^L Y8 ¶>%)("‡
FdlTbN L^L _< ¶,/>$#,$‡ Y8
¶$(&(9/> ,/)7",/5*‡
C (%69O9$’# QP%*%&9 & M#S#O_
(1AF>E4J 2 !B!-4@34
GA1C/1@K23F>B@\
FdlTbN Y8 YK^X: ¶>%)("‡
FdlTbN ¶,/>$#,$‡
C:HXYbXl
C (%69O9$’# QP%*%&9 & M#S#O_ +M:8N
=.;31 .@bc@b;.H\
FefMH ¶0+4.$/$&35/=B‡¶-#.)/‡ a
¶+#-"/!"#)/5#># .$#0’#‡
FefMH J8Y8e _8o
¶+#-"/!"#)/5#># .$#0’#‡
(%69O9$’# QP%*%&9 & M#S#O_ +M:8N
@<5-3@4;3.\
<_cFj:H KcFj: ¶%$57"‡
<_cFj:H 8ToK^ ¶#&6%)‡
<_cFj:H FdJ ¶5*,/>#50#‡
<_cFj:H G8cKYXJ ¶!#$%>(,‡
<_cFj:H CT8dTbLcm ¶-&#*&3.$#‡
<_cFj:H C<_M8Lc ¶-/20#.$‡
<_cFj:H 8K_b ¶#%23/,.3?A,#‡