FIAT PANDA 2019 Libretto Uso Manutenzione (in Italian)


( 9*(%5$ "+ .NA HcK 2*+ 2-+-))$’- 2"
20-&%-6
7UUNI\NC^7 Z% #(2$ 5"
2*’’"2#(+5(,-%)$ 5-++=",0"(%)$
<’-%(%)-; "+ 2"2)-,( 2" 5"2())"1-’:
())’(1-’2$ *% ’"+(2#"$ &’(5*(+- 5-++(
0’-22"$%- <’-%(%)-; +(2#"(%5$ (+
&*"5()$’- "+ #$%)’$++$ 5-++( 1-))*’(6
.( 5"2())"1(/"$%- 5-+ 2"2)-,(
D’(1")m !$%)’$+ V (##$,0(&%()(
5(+ +(,0-&&"$ 5-++( 20"(
;5(*%
,-22(&&"$ 5-5"#()$ 2*+ 5"20+(m - 5( *%
(11-’)",-%)$ (#*2)"#$6 4-’ ’"())"1(’-
+( 0’-5"20$2"/"$%- (++="%)-’1-%)$
5-+ 2"2)-,(; $##$’’- (20-))(’-
#>- +=",0"(%)$ 2" ’(<<’-55" - (&"’-
%*$1(,-%)- 2*++( &>"-’(6
7UUNI\NC^7 ?*0-’(%5$ " OM i,Y> -
0-’ 1-+$#"): "%<-’"$’" (" Ma i,Y>; +(
0’-5"20$2"/"$%- (++="%)-’1-%)$ 5-+
2"2)-,( D’(1")m !$%)’$+; 2" 5"2())"1(
’",(%-%5$ (8"+")()( ( ’"-%)’(’- "%
<*%/"$%- 9*(%5$ +( 1-+$#"): ’")$’%( (
-22-’- "%<-’"$’- (" OM i,Y>6 Z% 9*-2)$
#(2$; +="%5"#(/"$%- 2*+ 9*(5’$ 2)’*,-%)"
2" 20-&%- - "+ .NA 2*++( &>"-’( ’",(%-
(##-2$6 ?- +( 1-+$#"): 1-))*’( 2*0-’(
" Ma i,Y>; "+ 2"2)-,( D’(1")m !$%)’$+
2" 5"2"%2-’"2#- #$,0+-)(,-%)- - $&%"
(/"$%- (*)$%$,( 21$+)( 5(+ 2"2)-,( 2*"
<’-%" ’"2*+)( "%"8")(6 4-’ +( ’"())"1(/"$%-
2(’: %-#-22(’"$ ’*$)(’- %*$1(,-%)- +(&>"-’( *%( 1$+)( #>- +( 1-+$#"): 1"-%-
’"0$’)()( (+ 5" 2$))$ 5-" OM i,Y>6
.2.50<9 5V C5&"Q*J(,
>#)’E
H0-’ 1-’2"$%"Y,-’#()"; 5$1- 0’-1"2)$K
Z+ \’(#)"$% 4+*2 V *% (*2"+"$ (++( &*"5(
- (++$ 20*%)$ "% 0(’)-%/( 2* 0-’#$’2" (
2#(’2( (5-’-%/( H%-1-; &>"(##"$; <(%&$
-##6K; #>- 0-’,-))- 5" 5"2)’"8*"’- +(
<$’/( ,$)’"#- "% ,$5$ $))",(+- 2*++=(22-
(%)-’"$’- 9*(%5$ *%( ’*$)( )-%5- (
2+"))(’-6
Z+ \’(#)"$% 4+*2 (&"2#- <’-%(%5$ +- ’*$)-
#>- 0-’5$%$ (5-’-%/( H$ 2+"))(%$ 0"[
5-++- (+)’-K; )’(2<-’-%5$ #$2B +( <$’/(
,$)’"#- 2* 9*-++- #>- >(%%$ ,(&&"$’
0’-2( 2*+ )-’’-%$6
0)4$#%B$)*&O7%4%)4$#%B$)*&
7++=(11"(,-%)$ "+ 2"2)-,( V 5"2())"1()$6
4-’ ())"1(’- "+ 2"2)-,( \’(#)"$% 4+*2
0’-,-’- "+ 0*+2(%)- \n <"&6 M‘G "+ .NA 2*+
0*+2(%)- 2" (##-%5- - 2*+ 5"20+(m 1"-%-
1"2*(+"//()$ *% ,-22(&&"$ 5-5"#()$6
4-’ 5"2"%2-’"’- "+ 2"2)-,( 0’-,-’-
%*$1(,-%)- "+ 0*+2(%)-
6
>3);%&):B$)*&
W*-2)( <*%/"$%- (&"2#- 2$))$ +( 2$&+"(
5" ca i,Y>6 ?*0-’(%5$ 9*-2)( 1-+$#"):
2" 5"2())"1( (*)$,()"#(,-%)- H"+ .NA 2*+
0*+2(%)- ’",(%- (##-2$K - 2" ’"())"1(
%$% (00-%( +( 1-+$#"): 2#-%5- 2$))$ +(
2$&+"( 5-" ca i,Y>6
%!>PIQQRX
.=())"1(/"$%- 5-+ 2"2)-,( \’(#)"$%
4+*2 0’$1$#( +=-<<-))$ 8+$##(&&"$
5"<<-’-%/"(+- 2*++=(22(+- (%)-’"$’-;
())’(1-’2$ "+ 2"2)-,( <’-%(%)-; 0-’
$))","//(’- +( )’(/"$%- 2* <$%5" %$%
$,$&-%-"6
Z% #(2$ 5" (%$,(+"( (+ 2"2)-,( \’(#)"$%
4+*2; 2*+ 9*(5’$ 2)’*,-%)" 2" "++*,"%-’:
+( 20"(
!E’( +*#- <"22(6
!""#$%&’$#
.,).R7E? 2<’*))( (+ ,-&+"$ +R(5-’-%/(
5"20$%"8"+-; ,( %$% V "% &’(5$ 5"
(*,-%)(’+(@ $##$’’- 9*"%5" "% $&%" #(2$
#(*)-+( 2*" <$%5" 2#"1$+$2"; 2-%/( #$’’-’-
’"2#>" "%&"*2)"<"#()"6
.-)W*(%5$ +R7E? "%)-’1"-%-; - 2"
(11-’)$%$ +- 0*+2(/"$%" 2*+ 0-5(+- 5-+
<’-%$; %$% (++-&&-’")- +( 0’-22"$%-; ,(
,(%)-%-)- "+ 0-5(+- 8-% 0’-,*)$ 2-%/(
)",$’-@ #$2B 1" (’’-2)-’-)- %-+ ,"%$’

?Z!XIN^^7

20(/"$ 0$22"8"+-; #$,0()"8"+,-%)- #$% +-
#$%5"/"$%" 5-+ <$%5$ 2)’(5(+-6
..)?- +R7E? "%)-’1"-%-; V 2-&%$ #>- 2"
2)( ’(&&"*%&-%5$ "+ +",")- 5" (5-’-%/( )’(
0%-*,()"#" - <$%5$ 2)’(5(+-G $##$’’-
’(++-%)(’- 0-’ (5-&*(’- +( ,(’#"(
(++R(5-’-%/( 5"20$%"8"+-6
./)4-’ (1-’- +( ,(22",( -<<"#"-%/(
5-++=",0"(%)$ <’-%(%)- V %-#-22(’"$ *%
0-’"$5$ 5" (22-2)(,-%)$ 5" #"’#( Maa i,G
5*’(%)- 9*-2)$ 0-’"$5$ V $00$’)*%$ %$%
-<<-))*(’- <’-%()- )’$00$ 8’*2#>-; ’"0-)*)-
- 0’$+*%&()-6
.0)++ 2"2)-,( 7E? %$% 0*Q #$%)’$1-’)"’-
+- +-&&" %()*’(+" 5-++( <"2"#(; - %$% 0*Q
"%#’-,-%)(’- +=(5-’-%/( $))-%"8"+- 5(++-
#$%5"/"$%" 5-++( 2)’(5(6
.1)Z+ 2"2)-,( 7E? %$% 0*Q -1")(’-
"%#"5-%)"; #$,0’-2" 9*-++" 5$1*)" ( 1-+$#"):
-##-22"1( "% #*’1(; &*"5( 2* 2*0-’<"#" (
8(22( (5-’-%/( $ (9*(0+(%"%&6
.2).- #(0(#"): 5-+ 2"2)-,( 7E? %$%
5-1$%$ ,(" -22-’- 0’$1()- "% ,$5$
"’’-20$%2(8"+- - 0-’"#$+$2$ )(+- 5(
#$,0’$,-))-’- +( 2"#*’-//( 0’$0’"( - 5-&+"
(+)’"6
.3)4-’ "+ #$’’-))$ <*%/"$%(,-%)$ 5-+
2"2)-,( 7E? V "%5"20-%2(8"+- #>- &+"
0%-*,()"#" 2"(%$ 5-++( 2)-22( ,(’#(
- 5-++$ 2)-22$ )"0$ 2* )*))- +- ’*$)-; "%
0-’<-))- #$%5"/"$%" - 2$0’())*))$ 5-+ )"0$ -
5-++- 5",-%2"$%" 0’-2#’"))-6
/4)W*(%5$ "+ T-#>(%"#(+ E’(i- 722"2)
"%)-’1"-%-; V 0$22"8"+- (11-’)"’- 5-++-
’*,$’$2"): 0’$1-%"-%)" 5(+ 2"2)-,(6 \(+-
#$,0$’)(,-%)$ V 5( ’")-%-’2" %$’,(+-6
A*’(%)- +( <’-%()( ,(%)-%-’- #$,*%9*- "+
0-5(+- 5-+ <’-%$ 8-% 0’-,*)$6
/()4-’ "+ #$’’-))$ <*%/"$%(,-%)$ 5-+
2"2)-,( N?! V "%5"20-%2(8"+- #>- &+"0%-*,()"#" 2"(%$ 5-++( 2)-22( ,(’#(
- 5-++$ 2)-22$ )"0$ 2* )*))- +- ’*$)-; "%
0-’<-))- #$%5"/"$%" - 2$0’())*))$ 5-+ )"0$; -
5-++- 5",-%2"$%" 0’-2#’"))-6
/,)A*’(%)- +=-1-%)*(+- *)"+"//$ 5-+ ’*$)"%$
5" 2#$’)( "+ 2"2)-,( N?! #$%)"%*( (
<*%/"$%(’-6 \-%-’- #$,*%9*- 0’-2-%)-
#>- "+ ’*$)"%$ 5" 2#$’)(; (1-%5$ 5",-%2"$%"
"%<-’"$’" ’"20-))$ (+ %$’,(+- 0%-*,()"#$
0’-2-%)( *%( ,"%$’- (5-’-%/( ’"20-))$ (&+"
(+)’" 0%-*,()"#"6
/-).- 0’-2)(/"$%" 5-+ 2"2)-,( N?! %$%
5-1$%$ "%5*’’- "+ #$%5*#-%)- ( #$’’-’-
’"2#>" "%*)"+" - %$% &"*2)"<"#()"6 .( #$%5$))(
5" &*"5( 5-1=-22-’- 2-,0’- (5-&*()(
(++- #$%5"/"$%" 5-+ <$%5$ 2)’(5(+-; (++(
1"2"8"+"): -5 (+ )’(<<"#$6 .( ’-20$%2(8"+"):
0-’ +( 2"#*’-//( 2)’(5(+- 20-))( 2-,0’- -
#$,*%9*- (+ #$%5*#-%)-6
/.)Z+ 2"2)-,( N?! %$% 0*Q ,$5"<"#(’-
+- +-&&" %()*’(+" 5-++( <"2"#(; - %$% 0*Q
"%#’-,-%)(’- +=(5-’-%/( 5"0-%5-%)- 5(++-
#$%5"/"$%" 5-++( 2)’(5(6
//)Z+ 2"2)-,( N?! %$% 0*Q -1")(’-
"%#"5-%)"; #$,0’-2" 9*-++" 5$1*)" ( 1-+$#"):
-##-22"1( "% #*’1( - &*"5( 2* 2*0-’<"#" (
8(22( (5-’-%/( $ (9*(0+(%"%&6
/0).- #(0(#"): 5-+ 2"2)-,( N?! %$%
5-1$%$ ,(" -22-’- 0’$1()- "% ,$5$
"’’-20$%2(8"+- - 0-’"#$+$2$ )(+- 5(
#$,0’$,-))-’- +( 2"#*’-//( 0’$0’"( - 5-&+"
(+)’"6
/1)4-’ "+ #$’’-))$ <*%/"$%(,-%)$ 5-+
2"2)-,( 7?I V "%5"20-%2(8"+- #>- &+"
0%-*,()"#" 2"(%$ 5-++( 2)-22( ,(’#(
- 5-++$ 2)-22$ )"0$ 2* )*))- +- ’*$)-; "%
0-’<-))- #$%5"/"$%" - 2$0’())*))$ 5-+ )"0$; -
5-++- 5",-%2"$%" 0’-2#’"))-6
/2).- 0’-2)(/"$%" 5-+ 2"2)-,( 7?I %$%
5-1$%$ "%5*’’- "+ #$%5*#-%)- ( #$’’-’-’"2#>" "%*)"+" - %$% &"*2)"<"#()"6 .( #$%5$))(
5" &*"5( 5-1=-22-’- 2-,0’- (5-&*()(
(++- #$%5"/"$%" 5-+ <$%5$ 2)’(5(+-; (++(
1"2"8"+"): -5 (+ )’(<<"#$6 .( ’-20$%2(8"+"):
0-’ +( 2"#*’-//( 2)’(5(+- 20-))( 2-,0’- -
#$,*%9*- (+ #$%5*#-%)-6
/3)Z+ 2"2)-,( 7?I %$% 0*Q #$%)’$1-’)"’-
+- +-&&" %()*’(+" 5-++( <"2"#(; - %$% 0*Q
"%#’-,-%)(’- +=(5-’-%/( $))-%"8"+- 5(++-
#$%5"/"$%" 5-++( 2)’(5(6
04)Z+ 2"2)-,( 7?I %$% 0*Q -1")(’-
"%#"5-%)"; #$,0’-2" 9*-++" 5$1*)" ( 1-+$#"):
-##-22"1( "% #*’1(; &*"5( 2* 2*0-’<"#" (
8(22( (5-’-%/( $ (9*(0+(%"%&6
0().- #(0(#"): 5-+ 2"2)-,( 7?I %$%
5-1$%$ ,(" -22-’- 0’$1()- "% ,$5$
"’’-20$%2(8"+- - 0-’"#$+$2$ )(+- 5(
#$,0’$,-))-’- +( 2"#*’-//( 0’$0’"( - 5-&+"
(+)’"6
0,)Z+ 2"2)-,( bE7 %$% V "% &’(5$ 5"
"%#’-,-%)(’- +=(5-’-%/( 5-&+" 0%-*,()"#"
2*++( 2)’(5( $+)’- " +",")" ",0$2)" 5(++- +-&&"
5-++( <"2"#(G &*"5(’- 2-,0’- #$% #(*)-+(
"% <*%/"$%- 5-++- #$%5"/"$%" 5-+ ,(%)$
2)’(5(+-6
0-)Z+ 2"2)-,( bE7 %$% V "% &’(5$ 5"
-1")(’- "%#"5-%)"; #$,0’-2" 9*-++" 5$1*)"
(5 -##-22"1( 1-+$#"): "% #*’1(; &*"5(
2* 2*0-’<"#" ( 8(22( (5-’-%/( $00*’-
(9*(0+(%"%&6
0.)Z+ 2"2)-,( bE7 #$2)")*"2#- *% ("*)$
(++( &*"5(G "+ &*"5()$’- %$% 5-1- ,("
’"5*’’- +=())-%/"$%- 5*’(%)- +( &*"5(6 .(
’-20$%2(8"+"): 5-++( &*"5( V 2-,0’-
(<<"5()( (+ &*"5()$’-6 .- #(0(#"): 5-+
2"2)-,( bE7 %$% 5-1$%$ ,(" -22-’-
0’$1()- "% ,$5$ "’’-20$%2(8"+- -
0-’"#$+$2$ )(+- 5( #$,0’$,-))-’- +(
2"#*’-//( 5-+ &*"5()$’- 2)-22$; 5-&+" (+)’"


$##*0(%)" 0’-2-%)" ( 8$’5$ 5-++( 1-))*’( -
5" )*))" &+" (+)’" *)"+"//()$’" 5-++( 2)’(5(6
.2.50<2 !2 9-.212/
9119 =-2!9
.2.50<9 636 C6J*S
3&"R$ 6(,*&(#E
H0-’ 1-’2"$%"Y,-’#()"; 5$1- 0’-1"2)$K
WTSWWSWYSWZSWXS
UWSUYSUZSUXSRQSRPSRUS
] *% 2"2)-,( 5" (*2"+"$ (++( &*"5(;
#$2)")*")$ 5( *% 2-%2$’- +(2-’ *8"#()$
%-++( 0(’)- 2*0-’"$’- 5-+ 0(’(8’-//(
<"&6 MO; "% &’(5$ 5" ’"+-1(’- +( 0’-2-%/(
5" 1-"#$+" 5(1(%)" (++( 1-))*’( (5 *%(
5"2)(%/( ’(11"#"%()( -5; "% #(2$ 5"
#$++"2"$%- ",,"%-%)-; "%)-’1"-%-
<’-%(%5$ (*)$,()"#(,-%)- +( 1-))*’(
0-’ -1")(’- +=*’)$ $00*’- ,")"&(’%- &+"
-<<-))"6
%">PIQQVP
Z+ 2"2)-,( V ())"1$ 2$+$ 2-G
+( #>"(1- 5" (11"(,-%)$ V "% 0$2"/"$%-
T7I@
+( 1-+$#"): 5-++( 1-))*’( V #$,0’-2(
)’(M-cai,Y>@
+- #"%)*’- 5" 2"#*’-//( 5-" 0$2)"
(%)-’"$’" 2$%$ (++(##"()-6
] )*))(1"( 0$22"8"+- 5"2())"1(’- H-
2*##-22"1(,-%)- ’"())"1(’-K "+ 2"2)-,(
(&-%5$ 2*+ T-%* 5" ?-)*0 5-+ 5"20+(m6
Z+ 2"2)-,( "%)-’1"-%- %-++- 2")*(/"$%"
"% #*" #=V *% ’"2#>"$ 5" #$++"2"$%-
",,"%-%)- -5 "+ &*"5()$’- %$% 0’-,-
)-,0-2)"1(,-%)- "+ 0-5(+- 5-+ <’-%$6
?- "+ 2"2)-,( ’"+-1( +( 0$22"8"+"): 5" *’)$
#$%)’$ "+ 1-"#$+$ #>- 0’-#-5- 0$)’-88-
0’-5"20$’’- +( 1-))*’( (5 *%( 0$22"8"+-
<’-%()( 5R-,-’&-%/(6
?- "+ &*"5()$’- %$% -<<-))*( (+#*%
"%)-’1-%)$ 0-’ -1")(’- +R*’)$; "+ 2"2)-,(
0*Q ’(++-%)(’- (*)$,()"#(,-%)- +(
1-))*’( "% ,$5$ 5( 0’-0(’(’- +( 1-))*’(
(5 *%( 0$22"8"+- #$++"2"$%-6
Z% 2")*(/"$%" 5" ’"2#>"$ #$++"2"$%-; %-+
#(2$ "% #*" +R(/"$%- 2*+ 0-5(+- <’-%$ 5(
0(’)- 5-+ &*"5()$’- %$% 2"( 2*<<"#"-%)-;
"+ 2"2)-,( 0*Q "%)-’1-%"’- "% ,$5$ 5(
$))","//(’- +( ’"20$2)( 5-++R",0"(%)$
<’-%(%)-; ’"5*#-%5$ 5" #$%2-&*-%/(
*+)-’"$’,-%)- +( 1-+$#"): 5-++( 1-))*’(6
C-+ #(2$ 5" 0-’#$’’-%/( 5" 2)’(5- "%
2(+")( #$% 2-1-’( 0-%5-%/(; "+ 2"2)-,(
0$)’-88- "%)-’1-%"’- #$% #$%2-&*-%)-
(/"$%- 2*++R",0"(%)$ <’-%(%)-6
L$#4%&)%7&*:*$7%4%4*$B:
E*:#*aE*&@
G (+ )-’,"%- 5-++="%)-’1-%)$
5" <’-%()( (*)$,()"#(; "+ 2"2)-,(
?)(’)p?)$0 2" ())"1-’: 2-#$%5$ +-
,$5(+"): 5-2#’"))- %-+ 0(’(&’(<$
S?"2)-,( ?)(’)p?)$0S %-+ #(0")$+$
S711"(,-%)$ - &*"5(S6
L$#4%&)%7&*:*$7%<:B6%&B:)3:($G
(+ )-’,"%- 5-++="%)-’1-%)$ 5" <’-%()(
(*)$,()"#( "+ ,$)$’- 0$)’-88- (%5(’-
"% 2)(++$ - 20-&%-’2"; ( ,-%$ #>- "+
&*"5()$’- %$% 0’-,( "+ 0-5(+- 5-++(
<’"/"$%-6
7UUNI\NC^7 A$0$ +=(’’-2)$ 5-++(
1-))*’( +- 0"%/- 5-+ <’-%$ 0$22$%$
’",(%-’- 8+$##()- 0-’ #"’#( O 2-#$%5"
0-’ ,$)"1" 5" 2"#*’-//(6 722"#*’(’2" 5"
0’-,-’- "+ 0-5(+- 5-+ <’-%$ 9*(+$’( +(
1-))*’( 5$1-22- (1(%/(’- +-&&-’,-%)-6
7UUNI\NC^7 Z+ 2"2)-,(
.1.2" ())"1(
"%2-’-%5$ +( ’-)’$,(’#"(6 Z+ 2"2)-,(
.1.2" ())"1( 2- +- #"%)*’- 5" 2"#*’-//(
5-" 0$2)" (%)-’"$’" %$% 2$%$ (++(##"()-6
0)4$#%B$)*&O7%4%)4$#%B$)*&
] 0$22"8"+- 5"2())"1(’- H-
2*##-22"1(,-%)- ’"())"1(’-K "+ 2"2)-,(
(&-%5$ 2*+ T-%* 5" ?-)*0 5-+ 5"20+(m6
K3%7:%)<&)7%;%&)%@:#*%<&(:#%
Z% 5-)-’,"%()- #$%5"/"$%" 5" &*"5(; 9*(+"
(5 -2-,0"$G

?Z!XIN^^7

&*"5( "% 0’$22","): 5" *%( #*’1(
H1-5-’- <"&6 McK@
1-"#$+" 5" 0"##$+- 5",-%2"$%" -Y$ %$%
(++"%-()" (++( #$’2"( 5" ,(’#"( H1-5-’-
<"&6 MdK@
#(,8"$ 5" #$’2"( 5( 0(’)- 5" (+)’"
1-"#$+" H1-5-’- <"&6 MMK@ +R"%)-’1-%)$ 5-+
2"2)-,( 0*Q ’"2*+)(’- "%())-2$ $00*’-
’")(’5()$6 Z+ &*"5()$’- 5-1- 0-’)(%)$
2-,0’- 0’-2)(’- 0(’)"#$+(’- ())-%/"$%-;
,(%)-%-%5$ "+ #$%)’$++$ 5-++( 1-))*’(
0-’ &*"5(’- "% #$,0+-)( 2"#*’-//(6
%#>>PIQQVU
%$>PIQQVR
%%>PIQQVV
7UUNI\NC^7 C-+ #(2$ 5" ,(’#"(
2* 2)’(5- "% 0’$22","): 5" (+8-’"
#$% <’(2#>- 20$’&-%)" V $00$’)*%$
5"2())"1(’- "+ 2"2)-,( 0-’ -1")(’- #>- +(
0’-2-%/( 5" ’(," (++=(+)-//( 5-+ #$<(%$
$00*’- 5-+ 0(’(8’-//( "%)-’<-’"2#(%$
#$% "+ 2"2)-,(6
.2.50<9 J5><.
CJ,KJ&$Q* 5S&$ >&$’’)&$
<(,J*(&J,% .S’*$+E
H0-’ 1-’2"$%"Y,-’#()"; 5$1- 0’-1"2)$K
YQSYPSYUSYRSYVSYTS
.( 1-))*’( 0*Q -22-’- 5$)()( 5-+
2"2)-,( 5" ,$%")$’(&&"$ 5-++( 0’-22"$%-
0%-*,()"#" 5-%$,"%()$ "\4T?
H"%5"’-#) \"’- 4’-22*’- T$%")$’"%&
?m2)-,K #>- V "% &’(5$; )’(,")- "
2-%2$’" 1-+$#"): ’*$)(; 5" ,$%")$’(’- +$
2)()$ 5" &$%<"(&&"$ 5-&+" 0%-*,()"#"6
Z+ 2"2)-,( (11"2( "+ &*"5()$’- "% #(2$
5" *%$ $ 0"[ 0%-*,()"#" 2&$%<";,-5"(%)- +=(##-%2"$%- ( +*#- <"22(
5-++( 20"(
2*+ 9*(5’$ 2)’*,-%)" -
+( 1"2*(+"//(/"$%-; 2*+ 5"20+(m; 5" *%
,-22(&&"$ 5-5"#()$ 5" (11-’)",-%)$6
C-+ #(2$ "% #*" 2" )’())" 5" *% 2$+$
0%-*,()"#$ 2&$%<"$; "+ 2"2)-,(
0*Q -22-’- "% &’(5$ 5" "%5"#(’%- +(
0$2"/"$%-G 2" ’(##$,(%5( #$,*%9*-
5" #$%)’$++(’- +( 0’-22"$%- 2* )*))" -
9*())’$ &+" 0%-*,()"#"6
\(+- 2-&%(+(/"$%- 1"-%- 1"2*(+"//()(
(%#>- ( <’$%)- 5" *%$ 20-&%",-%)$ -
2*##-22"1$ (11"(,-%)$ 5-+ ,$)$’-;
<"%#>_ %$% 2" -2-&*- +( 0’$#-5*’( 5"
IN?N\6
?#&<$73#:7%#$4$*
Z+ 2"2)-,( "\4T? %-#-22")( 5" *%(
<(2- "%"/"(+- 5" S(*)$(00’-%5",-%)$S
H+( #*" 5*’()( 5"0-%5- 5(++$ 2)"+- 5"
&*"5( - 5(++- #$%5"/"$%" 5-++( 2)’(5(G
+( #$%5"/"$%- $))",(+- V +( &*"5( "%
’-))"+"%-$ ( Pa i,Y> 0-’ (+,-%$ Oa
,"%K; #>- "%"/"( -2-&*-%5$ +( 0’$#-5*’(
5" I-2-)6
.( 0’$#-5*’( 5" I-2-) 5-1- -22-’-
-<<-))*()(G
$&%" 1$+)( #>- +( 0’-22"$%- 5-&+"
0%-*,()"#" 1"-%- ,$5"<"#()(@
9*(%5$ 2" 2$2)")*"2#- (%#>- 2$+$ *%$
0%-*,()"#$@
9*(%5$ 2" ’*$)(%$Y"%1-’)$%$ &+"
0%-*,()"#"@


9*(%5$ 2" ,$%)( "+ ’*$)"%$ 5" 2#$’)(6
4’",( 5" -<<-))*(’- "+ I-2-); &$%<"(’-
&+" 0%-*,()"#" (" 1(+$’" %$,"%(+" 5"
0’-22"$%- ’"0$’)()" %-++( )(8-++( 5-++-
0’-22"$%" 5" &$%<"(&&"$ H1-5-’- 9*(%)$
5-2#’"))$ (+ 0(’(&’(<$ SI*$)-S %-+
#(0")$+$ SA()" )-#%"#"SK6
?- %$% 2" -<<-))*( "+ I-2-); "% )*))" " #(2"
2$0’( #")()"; +( 20"(
0*Q 5(’- <(+2-
2-&%(+(/"$%" 2* *%$ $ 0"[ 0%-*,()"#"6
4-’ -2-&*"’- "+ IN?N\; #$% 1-))*’(
<-’,( - 5"20$2")"1$ 5" (11"(,-%)$
"% 0$2"/"$%- T7I; (&"’- 2*+ T-%*
4’"%#"0(+- 0’$#-5-%5$ #$,- 2-&*-G
0’-,-’- "+ 0*+2(%)-#$% 0’-22"$%-
8’-1-G "+ 5"20+(m 1"2*(+"//( +( 2#’"))(
I-2-)@
0’-,-’- "+ 0*+2(%)-$00*’-
0-’ -<<-))*(’- +( 2#-+)( HS?"S $00*’-
SC$SK@
0’-,-’- "+ 0*+2(%)-#$% 0’-22"$%-
8’-1-G "+ 5"20+(m 1"2*(+"//( +( 2#’"))(
S!$%<-’,(’-S@
0’-,-’- "+ 0*+2(%)-$00*’-
0-’ -<<-))*(’- +( 2#-+)( HS?"S 0-’
-<<-))*(’- "+ I-2-) $00*’- SC$S 0-’
*2#"’- 5(++( 1"5-()(K@
0’-,-’- %*$1(,-%)- "+ 0*+2(%)-
#$% 0’-22"$%- +*%&( 0-’ )$’%(’- (++(
1"5-()( 2)(%5(’5 $ (+ ,-%* 0’"%#"0(+- (
2-#$%5( 5-+ 0*%)$ "% #*" #" 2" )’$1( %-+
,-%*6
7 0’$#-5*’( 5" I-2-) -<<-))*()( 2*+
5"20+(m 1-’’: 1"2*(+"//()$ "+ ,-22(&&"$SI-2-)6 2(+1()$S "+ 9*(+- "%5"#( #>-
+=(*)$(00’-%5",-%)$ V 2)()$ (11"()$6
’&)7%;%&)%7%A3);%&):B$)*&
Z+ 2"2)-,( V ())"1$ 0-’ 1-+$#"): 2*0-’"$’"
(‘Mi,Y>6
Z% (+#*%- 2")*(/"$%" #$,- "% #(2$ 5"
&*"5( 20$’)"1(; 0(’)"#$+(’" #$%5"/"$%" 5-+
,(%)$ 2)’(5(+- H(5 -26G &>"(##"$; %-1-;
2)-’’()$666K +( 2-&%(+(/"$%- 0*Q )(’5(’-
$00*’- ’"2*+)(’- 0(’/"(+- 2*+ ’"+-1(,-%)$
5-++$ 2&$%<"(&&"$ #$%)-,0$’(%-$ 5" 0"[
0%-*,()"#"6
Z% 0(’)"#$+(’" #$%5"/"$%" H(5 -26 1-))*’(
#(’"#( "% ,$5$ (2",,-)’"#$ 2*
5" *% +()$; )’("%$ 5" *% ’",$’#>"$;
0%-*,()"#$ 5(%%-&&"()$ $00*’-
*2*’()$; *2$ 5-+ ’*$)"%$ 5" 2#$’)(;
*2$ 5-+ i") S3"upD$S; *2$ 5" #()-%-
5( %-1-; *2$ 5" 0%-*,()"#" 5"1-’2"
0-’ (22(+-K; "+ 2"2)-,( 0*Q 5(’- <(+2-
2-&%(+(/"$%" $00*’- 5"2(8"+")(’2"
)-,0$’(%-(,-%)-6 C-+ #(2$ 5" 2"2)-,(
5"2(8"+")()$ )-,0$’(%-(,-%)- +( 20"(
+(,0-&&-’: 0-’ #"’#( fM 2-#$%5"
- 2*##-22"1(,-%)- ’-2)-’: (##-2( (
+*#- <"22(@ #$%)-,0$’(%-(,-%)- 2*+
5"20+(m 1-’’: 1"2*(+"//()$ *% ,-22(&&"$
5-5"#()$6
\(+- 2-&%(+(/"$%- 1"-%- 1"2*(+"//()(
(%#>- "% 2-&*")$ (5 *%$ 20-&%",-%)$ -
2*##-22"1$ ’"(11"$ 5-+ ,$)$’-; 9*(+$’(
%$% 1-%"22-’$ ’"0’"2)"%()- +- #$%5"/"$%"
5" #$’’-))$ <*%/"$%(,-%)$6
!""#$%&’$#
0/)Z+ 2"2)-,( #$2)")*"2#- *% ("*)$
(++( &*"5(G "+ &*"5()$’- %$% 5-1- ,("
’"5*’’- +R())-%/"$%- 5*’(%)- +( &*"5(6 .(
’-20$%2(8"+"): 5-++( &*"5( V 2-,0’-
(<<"5()( (+ &*"5()$’-; #>- 5-1- )-%-’- "%
#$%2"5-’(/"$%- +- #$%5"/"$%" 5-+ )’(<<"#$ 0-’
&*"5(’- "% #$,0+-)( 2"#*’-//(6 Z+ &*"5()$’-
V 2-,0’- )-%*)$ ( ,(%)-%-’- *%( 5"2)(%/(
5" 2"#*’-//( ’"20-))$ (+ 1-"#$+$ #>- +$
0’-#-5-6
00)?-; 5*’(%)- +="%)-’1-%)$ 5-+ 2"2)-,(;
"+ &*"5()$’- 0’-,- ( <$%5$ "+ 0-5(+-
5-++=(##-+-’()$’- $ -<<-))*( *%( 2)-’/()(
1-+$#- V 0$22"8"+- #>- +( <*%/"$%- 5"
<’-%()( (*)$,()"#( 2" "%)-’’$,0( H(5
-2-,0"$ 0-’ 0-’,-))-’- *%=-1-%)*(+-
,(%$1’( -1(2"1( 5-++=$2)(#$+$K6
01)Z+ <(2#"$ +(2-’ %$% V 1"2"8"+- (5 $##>"$
%*5$6 C$% &*(’5(’- 5"’-))(,-%)-; $
*)"+"//(%5$ 2)’*,-%)" $))"#" H(5 -2-,0"$
+-%)"K; "+ <(2#"$ +(2-’ 5( *%( 5"2)(%/(
"%<-’"$’- ( ‘a #,G 0$)’-88- #(*2(’- 5(%%"
(++( 1"2)(6 Z+ <(2#"$ +(2-’ V 0’-2-%)- (%#>-
9*(%5$ +( #>"(1- V "% 0$2"/"$%- T7I ,(
+( <*%/"$%- V 20-%)(; %$% 5"20$%"8"+- $ V
2)()( 5"2())"1()( ,(%*(+,-%)- )’(,")-
T-%* 5" ?-)*0 5-+ 5"20+(m6
02)Z+ 2"2)-,( "%)-’1"-%- 2* 1-"#$+"
#>- 1"(&&"(%$ %-++( 0’$0’"( #$’2"( 5"
,(’#"(6 C$% 1-%&$%$ )*))(1"( 0’-2"
"% #$%2"5-’(/"$%- 1-"#$+" 5" 0"##$+-
5",-%2"$%" H(5 -2-,0"$ 8"#"#+-))-; ,$)$K
$00*’- 0-’2$%- -5 (%",(+" - #$2- H(5
-2-,0"$ 0(22-&&"%"K -5 "% &-%-’(+- )*))"
9*-&+" $2)(#$+" #>- 0’-2-%)(%$ *%( 8(22(
’"<+-22"$%- (++( +*#- -,-22( 5(+ +(2-’ H(5
-2-,0"$ 1-"#$+" 20$’#>" 5" <(%&$K6

?Z!XIN^^7

03)C-+ #(2$ "% #*" +( 1-))*’(; 0-’
"%)-’1-%)" 5" ,(%*)-%/"$%-; 5-88( -22-’-
0$2"/"$%()( 2* 5" *% 8(%#$ ( ’*++" H(5
*%(1-+$#"):#$,0’-2()’(M-cai,Y>K
$00*’- %-+ #(2$ "% #*" 2"( 2$))$0$2)(
(5 *% +(1(&&"$ "% *% (*)$+(1(&&"$
(*)$,()"#$ ( ’*++"; (1-%5$ *% $2)(#$+$
%-++( 0(’)- (%)-’"$’- H(5 -2-,0"$ *%=(+)’(
1-))*’(; *% ,*’$ $5 *% (+)’$ $2)(#$+$K; "+
2"2)-,( 0$)’-88- ’"+-1(’%- +( 0’-2-%/(
-5 "%)-’1-%"’-6 Z% 9*-2)$ #(2$ V 0-’)(%)$
%-#-22(’"$ 5"2())"1(’- "+ 2"2)-,( (&-%5$
2*+ T-%* 5" ?-)*0 5-+ 5"20+(m6
14)?- "+ 2"2)-,( 2-&%(+( +( #(5*)( 5"
0’-22"$%- 2* *%$ 20-#"<"#$ 0%-*,()"#$; 2"
’(##$,(%5( 5" #$%)’$++(’- +( 0’-22"$%- 2*
)*))" - 9*())’$6
1().="\4T? %$% -2",- "+ &*"5()$’-
5(++=$88+"&$ 5" #$%)’$++(’- +( 0’-22"$%-
5-&+" 0%-*,()"#" $&%" ,-2-@ %$% V 5(
"%)-%5-’2" #$,- *% 2"2)-,( 2$2)")*)"1$
5-++( ,(%*)-%/"$%- $00*’- 5" 2"#*’-//(6
1,).( 0’-22"$%- 5-&+" 0%-*,()"#" 5-1-
-22-’- 1-’"<"#()( #$% 0%-*,()"#" <’-55"6
?-; 0-’ 9*(+2"(2" ,$)"1$; 2" #$%)’$++( +(
0’-22"$%- #$% &+" 0%-*,()"#" #(+5"; %$%
’"5*’’- +( 0’-22"$%- (%#>- 2- V 2*0-’"$’-
(+ 1(+$’- 0’-1"2)$; ,( ’"0-)-’- "+ #$%)’$++$
9*(%5$ &+" 0%-*,()"#" 2(’(%%$ <’-55"6
1-)Z+ 2"2)-,( "\4T? %$% V "% &’(5$
5" 2-&%(+(’- 0-’5")- ",0’$11"2- 5-++(
0’-22"$%- 5-&+" 0%-*,()"#" H(5 -26 +$
2#$00"$ 5" *%$ 0%-*,()"#$K6 Z% 9*-2)$
#(2$ (’’-2)(’- +( 1-))*’( <’-%(%5$ #$%
#(*)-+( - 2-%/( -<<-))*(’- 2)-’/()-
8’*2#>-6
1.)Z+ 2"2)-,( <$’%"2#- *%"#(,-%)-
*% (11"2$ 5" 8(22( 0’-22"$%- 5-&+"
0%-*,()"#"G %$% V "% &’(5$ 5" &$%<"(’+"6
1/)Z+ &$%<"(&&"$ "%2*<<"#"-%)- 5-&+"
0%-*,()"#" (*,-%)( " #$%2*," 5"
#$,8*2)"8"+-; ’"5*#- +( 5*’()( 5-+
8())"2)’(5( - 0*Q "%<+*"’- 2*++( #(0(#"): 5"
&*"5(’- +( 1-))*’( "% ,$5$ 2"#*’$6
!**#+"#$%!
,0)Z+ 2-%2$’- +(2-’ 0$)’-88- (1-’-
<*%/"$%(+"): +",")()( $5 (22-%)- ( #(*2(
5-++- #$%5"/"$%" (),$2<-’"#>-; #$,-
0"$&&"( 8())-%)-; &’(%5"%-; 0’-2-%/( 5"
%-88"( <"))(; %-1- (88$%5(%)-; <$’,(/"$%-
5" 2)’()" 5" &>"(##"$ 2*+ 0(’(8’-//(6
,1).( <*%/"$%(+"): 5-+ 2-%2$’- 0*Q "%$+)’-
-22-’- #$,0’$,-22( 5(++( 0’-2-%/( 5"
0$+1-’-; #$%5-%2(; 20$’#"/"( $ &>"(##"$ 2*+
0(’(8’-//(; 5(++- #$%5"/"$%" 5-+ )’(<<"#$ H(5
-2-,0"$ 1-"#$+" ,(’#"(%)" %$% (++"%-()" (++(
0’$0’"( 1-))*’(; 1-"#$+" ,(’#"(%)" "% 2-%2$
)’(21-’2(+- $ "% 5"’-/"$%- $00$2)( 2*++(
2)-22( #$’2"(; #*’1( #$% 0"##$+$ ’(&&"$
5" #*’1()*’(K; 5(++- #$%5"/"$%" 5-+ <$%5$
2)’(5(+- - 5(++- #$%5"/"$%" 5" &*"5( H(5
-2-,0"$ &*"5( <*$’"2)’(5(K6 722"#*’(’2"
0-’)(%)$ 5" ,(%)-%-’- 2-,0’- 0*+")$
"+ 0(’(8’-//(6 4-’ -1")(’- 5" ’"&(’- "+
0(’(8’-//( *)"+"//(’- 5-)-’&-%)" 20-#"<"#" -
0(%%" 8-% 0*+")"6 Z%$+)’- +( <*%/"$%(+"): 5-+
2-%2$’- 0*Q -22-’- +",")()( $ (22-%)- "%
(+#*%- #$%5"/"$%" 5" &*"5(; )’(<<"#$ - <$%5$
2)’(5(+-6
,2)!(’"#>" 20$’&-%)" 0$2"/"$%()" 2*+ )-))$
5-++( 1-))*’( 0$)’-88-’$ "%)-’<-’"’- #$% "+
#$’’-))$ <*%/"$%(,-%)$ 5-+ 2-%2$’-6 4’",(
5" 0(’)"’- (22"#*’(’2" 0-’)(%)$ 5" 2"2)-,(’-
8-%- "+ #(’"#$ "% ,$5$ 5( %$% #$0’"’- "+
#(,0$ 5R(/"$%- 5-+ 2-%2$’-6
,3)?- "% 2-&*")$ ( &’(<<"; 2#>-&&"()*’-;
’$))*’( 5-+ 0(’(8’-//( <$22- %-#-22(’"$
-<<-))*(’%- +( 2$2)")*/"$%-; $##$’’-
’"1$+&-’2" -2#+*2"1(,-%)- (++( I-)-
722"2)-%/"(+- 3"()6 C$% -<<-))*(’-
+( 2$2)")*/"$%- 5-+ 0(’(8’-//(
(*)$%$,(,-%)-; 0-’"#$+$ 5"
,(+<*%/"$%(,-%)$F ?" ’(##$,(%5(
#$,*%9*- 5" -<<-))*(’- +( 2$2)")*/"$%-
5-+ 0(’(8’-//( %-+ #(2$ "% #*" -22$ 2"(
5(%%-&&"()$ %-++( /$%( 5-+ 2-%2$’- +(2-’6
-4)C$% ,(%$,-))-’- %_ -<<-))*(’- (+#*%
"%)-’1-%)$ 2*+ 2-%2$’- +(2-’6 C$% $2)’*"’-
+- (0-’)*’- 0’-2-%)" %-+ ’"#$0’",-%)$
-2)-)"#$ *8"#()$ 2$))$ (++$ 20-##>"$
’-)’$1"2$’- "%)-’%$6 Z% #(2$ 5" &*(2)$
5-+ 2-%2$’- $##$’’- ’"1$+&-’2" (++( I-)-
722"2)-%/"(+- 3"()6
-()C$% #$0’"’- "+ #(,0$ 5=(/"$%- 5-+
2-%2$’- #$% (5-2"1" $ (+)’" $&&-))"6
4’-2)(’- ())-%/"$%- (%#>- (5 $&&-))"
0’-2-%)" 2*+ #$<(%$ 5-++( 1-))*’( H(5
-2-,0"$ 2)’()$ 5" %-1-K -5 (22"#*’(’2" #>-
%$% "%)-’<-’"2#(%$ #$% +( +*#- -,-22( 5(+
+(2-’6
-,)Z% #(2$ 5" )’("%$ 5" ’",$’#>" $ 1-))*’(
’",$’#>"()( $##$’’- 5"2())"1(’- "+ 2"2)-,(
(&-%5$ 2*+ T-%* 5" ?-)*0 5-+ 5"20+(m6


.2.50<2 !2
>4/5082/70
/66->9752
X%( 5-++- 0"[ ",0$’)(%)" 5$)(/"$%" 5"
2"#*’-//( 5-++( 1-))*’( V ’(00’-2-%)()(
5(" 2-&*-%)" 2"2)-," 5" 0’$)-/"$%-G
#"%)*’- 5" 2"#*’-//(@
2"2)-,( ?EI H?-() E-+) I-,"%5-’K@
(00$&&"()-2)(@
2"2)-," 5" ’")-%*)( 8(,8"%"@
7"’ 8(& <’$%)(+" - +()-’(+"6
4’-2)(’- +( ,(22",( ())-%/"$%- (++-
"%<$’,(/"$%" <$’%")- %-++- 0(&"%-
2-&*-%)"6 ] 5" <$%5(,-%)(+-
",0$’)(%/(; "%<())"; #>- " 2"2)-," 5"
0’$)-/"$%- 2"(%$ *)"+"//()" %-+ ,$5$
#$’’-))$ 0-’ &(’(%)"’- +( ,(22",(
2"#*’-//( 0$22"8"+- ( &*"5()$’- -
0(22-&&-’"6
4-’ +( 5-2#’"/"$%- 2*++( ’-&$+(/"$%-
5-&+" (00$&&"()-2)( 1-5-’- 9*(%)$
5-2#’"))$ (+ 0(’(&’(<$ S700$&&"()-2)(S
%-+ #(0")$+$ S!$%$2#-%/( 5-++(
1-))*’(S6
6275-40 !2
.26-40889
\*))" " 0$2)" 2*" 2-5"+" 5-++( 1-))*’( 2$%$
5$)()" 5" #"%)*’- 5" 2"#*’-//( ( )’- 0*%)"
5" (%#$’(&&"$; #$% ’-+()"1$ (’’$)$+()$’-6
Z+ ,-##(%"2,$ 5-++=(’’$)$+()$’-
"%)-’1"-%- 8+$##(%5$ "+ %(2)’$ "% #(2$ 5"
8’*2#( <’-%()( $ 5" <$’)- 5-#-+-’(/"$%-
5$1*)( (5 *% *’)$6 W*-2)( #(’())-’"2)"#(
#$%2-%)-; "% #$%5"/"$%" %$’,(+"; "+ +"8-’$
2#$’’",-%)$ 5-+ %(2)’$ 5-++( #"%)*’(;
"% ,$5$ 5( (5())(’2" 0-’<-))(,-%)-
(+ #$’0$ 5-++=$##*0(%)-6 Z% #(2$ 5"
"%#"5-%)-; +( #"%)*’( 2" 8+$##>-’:
’"5*#-%5$ "+ ’"2#>"$ 5" ",0())$ (++="%)-’%$
5-++=(8")(#$+$ $ 5" 0’$"-/"$%- (++=-2)-’%$
5-++( 1-))*’(6
Z+ &*"5()$’- V )-%*)$ ( ’"20-))(’- H-5
( <(’ $22-’1(’- ( )*))" " 0(22-&&-’"K +-
5"20$2"/"$%" +-&"2+()"1- +$#(+" ’"&*(’5$
+=$88+"&$ - +- ,$5(+"): 5" *)"+"//$ 5-++-
#"%)*’- 5" 2"#*’-//(6
7++(##"(’- 2-,0’- +- #"%)*’- 5"
2"#*’-//( 0’",( 5" ,-))-’2" "% 1"(&&"$6
2<>20=/ !0110 6275-40
!2 .26-40889
Z%5$22(’- +( #"%)*’( )-%-%5$ "+ 8*2)$
-’-))$ -5 (00$&&"()$ #$%)’$ +$
2#>"-%(+-6
4-’ (++(##"(’- +- #"%)*’-; ",0*&%(’- +(
+"%&*-))( 5" (&&(%#"$ H7K <"&6 Me -5
"%2-’"’+( %-++( 2-5- 5-++( <"88"( HEK;
<"%$ ( 0-’#-0"’- +$ 2#())$ 5" 8+$##$6?- 5*’(%)- +=-2)’(/"$%- 5-++( #"%)*’(
9*-2)( 5$1-22- 8+$##(’2"; +(2#"(’+(
’"(11$+&-’- 0-’ *% 8’-1- )’())$ -5
-2)’(’+( %*$1(,-%)- -1")(%5$ ,(%$1’-
8’*2#>-6
4-’ 2+(##"(’- +- #"%)*’-; 0’-,-’-
"+ 0*+2(%)- H!K6 7##$,0(&%(’- +(
#"%)*’( 5*’(%)- "+ ’"(11$+&",-%)$; 0-’
-1")(’- #>- 2" ())$’#"&+"6 .( #"%)*’(;
0-’ ,-//$ 5-++=(’’$)$+()$’-; 2"
(5())( (*)$,()"#(,-%)- (+ #$’0$
5-+ 0(22-&&-’$ #>- +( "%5$22(
#$%2-%)-%5$&+" +"8-’): 5" ,$1",-%)$6
YWS
!$% 1-))*’( 0(’#>-&&"()( "% <$’)-
0-%5-%/( +R(’’$)$+()$’- 0*Q 8+$##(’2"@
#"Q V %$’,(+-6 Z%$+)’- "+ ,-##(%"2,$
5-++R(’’$)$+()$’- 8+$##( "+ %(2)’$ (5 $&%"
2*( -2)’(/"$%- ’(0"5( $ "% #(2$ 5"
<’-%()- 8’*2#>-; *’)" - #*’1- ( 1-+$#"):
2$2)-%*)(6
Z+ 2-5"+- 0$2)-’"$’- V 5$)()$ 5" #"%)*’-
5" 2"#*’-//( "%-’/"(+" ( )’- 0*%)" 5"
(%#$’(&&"$ #$% (’’$)$+()$’-6 Z%5$22(’-
+- #"%)*’- 5-" 0$2)" 0$2)-’"$’" 2-#$%5$
9*(%)$ "++*2)’()$ "% <"&6 Mf H1-’2"$%" ( d
0$2)"K $00*’- <"&6 MP H1-’2"$%" ( M 0$2)"K6

?Z!XIN^^7

%&>PIQQTQ
YYSYZSYXS
%’>PIQQTP
%(>PIQQTU
7UUNI\NC^7 I"#$++$#(%5$; 5$0$
"+ ’"8(+)(,-%)$; "+ 2-5"+- 0$2)-’"$’-
"% #$%5"/"$%" 5" %$’,(+- *)"+"//$;
<(’ ())-%/"$%- %-+ ’"0$2"/"$%(’-
#$’’-))(,-%)- +( #"%)*’( 5" 2"#*’-//(
"% ,$5$ 5( #$%2-%)"’%- *%( 0’$%)(
5"20$%"8"+"): (++=*)"+"//$6
40=/1982/70 27
9150889 6275-40 !2
.26-40889
H0-’ 1-’2"$%"Y,-’#()"; 5$1- 0’-1"2)$K
ZQSZPS
] 0$22"8"+- -<<-))*(’- +( ’-&$+(/"$%- "%
(+)-//( 2* d 5"1-’2- 0$2"/"$%"6 4-’
#$,0"-’- +( ’-&$+(/"$%- 0’-,-’-
"+ 0*+2(%)- H7K <"&6 ML -5 (+/(’- $5
(88(22(’- +R",0*&%()*’( HEK6
I-&$+(’- 2-,0’- +R(+)-//( 5-++- #"%)*’-;
(5())(%5$+- (++( #$’0$’()*’( 5-"
0(22-&&-’"G 9*-2)( 0’-#(*/"$%- 0*Q
’"5*’’- %$)-1$+,-%)- "+ ’"2#>"$ 5" +-2"$%"
"% #(2$ 5" *’)$6
.( ’-&$+(/"$%- #$’’-))( 2" $))"-%-
9*(%5$ "+ %(2)’$ 0(22( #"’#( ( ,-): )’(
+R-2)’-,"): 5-++( 20(++( -5 "+ #$++$6 4-’
(+#*%- 1-’2"$%" +- #"%)*’- 5" 2"#*’-//(
(%)-’"$’" 0’-1-5$%$ *% 2$+$ 0*%)$ 5"
(%#$’(&&"$ <"22$ *8"#()$ 2*+ ,$%)(%)-
5-++( 0$’)(6
%)>PIQQTR
&*>PIQYYY
!""#$%&’$#
10)C$% 0’-,-’- "+ 0*+2(%)- H!K <"&6 Me
5*’(%)- +( ,(’#"(6
11)I"#$’5(’2" #>-; "% #(2$ 5=*’)$ 1"$+-%)$;
" 0(22-&&-’" 5-" 2-5"+" 0$2)-’"$’" #>- %$%
"%5$22(%$ +- #"%)*’-; $+)’- (5 -20$’2"
0-’2$%(+,-%)- (5 *% &’(1- ’"2#>"$;
#$2)")*"2#$%$ *% 0-’"#$+$ (%#>- 0-’ &+"
$##*0(%)" 5-" 0$2)" (%)-’"$’"6
12).( #"%)*’( 5" 2"#*’-//( 0$2)-’"$’-
#-%)’(+- H0-’ 1-’2"$%"Y,-’#()"; 5$1-

0’-1"2)$K V 5$)()( 5" <"88"( 5" 2-’1"/"$
<"&6 ea6 C$% *2(’- +( #"%)*’( 5" 2"#*’-//(
#$% +( <"88"( 5" 2-’1"/"$ %$% (++(##"()(6 Z%
9*-2)$ #(2$; "% #(2$ 5" "%#"5-%)-; 1" V *%
<$’)- ’"2#>"$ 5" +-2"$%" - 5" ,$’)-6 4’",(
5" *)"+"//(’- +( #"%)*’( 1-’"<"#(’- 2-,0’-
#>- +( <"88"( 5" 2-’1"/"$ 2"( #$’’-))(,-%)-
(++(##"()(6
13).- #"%)*’- 0$2)-’"$’" +()-’(+" 5-2)’( -
2"%"2)’( 2$%$ 5$)()- 5" *% 5"20$2")"1$ 5"
’-&$+(/"$%- 5-++( 0$2"/"$%- 5-++( +"%&*-))(
,-)(++"#( H&(%#"$ ,-)(++"#$K6 ?" #$%2"&+"( 5"
’-&$+(’- +( 0$2"/"$%- 5-++( +"%&*-))( ’"20-))$
(+ %(2)’$ 5-++( #"%)*’( 5" 2"#*’-//( 0-’
,"&+"$’(’- "+ #$,<$’) - ’"5*’’- +( ’*,$’$2"):
"%)-’%$ (8")(#$+$6
24).( ’-&$+(/"$%- "% (+)-//( 5-++- #"%)*’-
5" 2"#*’-//( 5-1- -22-’- -<<-))*()( (
1-))*’( <-’,(6
2()A$0$ +( ’-&$+(/"$%- "% (+)-//(;
1-’"<"#(’- 2-,0’- #>- "+ #*’2$’- ( #*"
V <"22()$ +=(%-++$ 2"( 8+$##()$ "% *%(
5-++- 0$2"/"$%" 0’-5"20$2)-6 N2-’#")(’-
0-’)(%)$; #$% 0*+2(%)- H7K <"&6 ML ’"+(2#"()$;
*%=*+)-’"$’- 20"%)( 1-’2$ "+ 8(22$ 0-’
#$%2-%)"’- +$ 2#())$ 5-+ 5"20$2")"1$ 5"
(%#$’(&&"$ 9*(+$’( "+ ’"+(2#"$ %$% <$22-
(11-%*)$ "% #$’’"20$%5-%/( 5" *%( 5-++-
0$2"/"$%" 2)(8"+")-6
.2.50<9 .34 C.$"*
3$#* 4$+J,K$&E
Z+ 2"2)-,( ?EI (11-’)- " 0(22-&&-’" 5-"
0$2)" (%)-’"$’- +()$ &*"5()$’-; (%)-’"$’-
+()$ 0(22-&&-’$ H0-’ 1-’2"$%"Y,-’#()";
5$1- 0’-1"2)$K - 0$2)-’"$’" H0-’
1-’2"$%"Y,-’#()"; 5$1- 0’-1"2)$K 5-+
,(%#()$ (++(##"(,-%)$ 5-++( 0’$0’"(
#"%)*’( 5" 2"#*’-//(6
Z+ 2"2)-,( 2-&%(+( "+ ,(%#()$
(++(##"(,-%)$ 5-++- #"%)*’- 5"
2"#*’-//( ())’(1-’2$ 2-&%(+(/"$%"
1"2"1- H(##-%2"$%- 5" 20"- 2*+ 9*(5’$
2)’*,-%)" - 5" "#$%- 2*+ 5"20+(mK -
)’(,")- *%( 2-&%(+(/"$%- (#*2)"#(
H1-5-’- 9*(%)$ 5-2#’"))$ %-" 0(’(&’(<"
2-&*-%)"K6
7UUNI\NC^7 4-’ +( 5"2())"1(/"$%-
0-’,(%-%)- 5-++=(11"2()$’- (#*2)"#$
’"1$+&-’2" (++( I-)- 722"2)-%/"(+- 3"()6
] 0$22"8"+- ’"())"1(’- "% $&%" ,$,-%)$
+=(11"2()$’- (#*2)"#$ (&-%5$ 2*+ T-%*
5" ?-)*0 5-+ 5"20+(m6
’&B@&#*:B$)*&4@%:<%)*3#$7%
4%<3#$;;:
.- "#$%- 1"2*(+"//()- 2*+ 5"20+(m <"&6 e‘
"%5"#(%$G
PG #"%)*’( 5" 2"#*’-//( 0$2)$ (%)-’"$’-
+()$ &*"5()$’-@
UG #"%)*’( 5" 2"#*’-//( 0$2)$
0$2)-’"$’- 2"%"2)’$ HvK@
RG #"%)*’( 5" 2"#*’-//( 0$2)$
0$2)-’"$’- #-%)’(+- HvK@
VG #"%)*’( 5" 2"#*’-//( 0$2)$
0$2)-’"$’- 5-2)’$ HvK@
TG #"%)*’( 5" 2"#*’-//( 0$2)$ (%)-’"$’-
+()$ 0(22-&&-’$ HvK@
,G #"%)*’( 5" 2"#*’-//( %$% (++(##"()(@
JG #"%)*’( 5" 2"#*’-//( (++(##"()(6
HvK 4-’ 1-’2"$%"Y,-’#()"; 5$1- 0’-1"2)$
&!>PIPQUP

?Z!XIN^^7

!$% #"%)*’- 5" 2"#*’-//( +()$ &*"5()$’-
-Y$ 0(22-&&-’$ H#$% 0(22-&&-’$
2-5*)$K 2+(##"()-; 2*0-’(%5$ " Oa i,Y>
$00*’- ’-2)(%5$ (5 *%( 1-+$#"):
#$,0’-2( )’( ‘a i,Y> - Oa i,Y> 0-’
*% )-,0$ 2*0-’"$’- ( M 2-#$%5";
>( "%"/"$ *% #"#+$ 5" 2-&%(+(/"$%"
(#*2)"#>- ’-+()"1$ (" 0$2)" (%)-’"$’"
H2-&%(+(/"$%- (#*2)"#( #$%)"%*( 0-’ "
0’"," e 2-#$%5" 2-&*")( 5( *% *+)-’"$’-
S8--0S 5-++( 5*’()( 5" #"’#( La 2-#$%5"K
- 5(+ +(,0-&&"$ 5-++( 20"(6 \-’,"%()$
"+ #"#+$; +- 20"- ’",(%&$%$ (##-2- (
+*#- <"22( <"%$ (++$ 20-&%",-%)$ 5-++(
1-))*’( $00*’- (++R(++(##"(,-%)$ 5-++(
#"%)*’(6 ?- +( #"%)*’( 1"-%- %*$1(,-%)-
2+(##"()( 5*’(%)- +( ,(’#"(; +(
2-&%(+(/"$%- (#*2)"#( ’"0’-%5- #$,-
5-2#’"))$ 0’-#-5-%)-,-%)- - 1"-%-
1"2*(+"//()( +="#$%(
6
4-’ " 0$2)" 0$2)-’"$’" +( 2-&%(+(/"$%-
(11"-%- 2$+$ 9*(%5$ *%( 9*(+*%9*-
5-++- #"%)*’- 1"-%- 2+(##"()( *%")(,-%)-
( *%( 2-&%(+(/"$%- (#*2)"#( 5" )’-
8--06 Z% #(2$ 5" #(,8"$ 5" 2)()$ 5"
*%( 9*(+*%9*- #"%)*’( 5" 2"#*’-//(
H(%)-’"$’- $00*’- 0$2)-’"$’-K 1-’’:
#$,*%9*- 2-&%(+()$ (%#>- +$ 2)()$
5-++- (+)’- #"%)*’- H(%)-’"$’"Y0$2)-’"$’"K6
C-+ #(2$ 1-%&(%$ 2+(##"()- 0"[ #"%)*’-;
+( 2-&%(+(/"$%- 1"2"1( H1"2*(+"//(/"$%-
5-++="#$%(
K >( "%"/"$ - )-’,"%( "%
,$5$ "%5"0-%5-%)- 0-’ $&%" 20"(6 .(
2-&%(+(/"$%- #(,8"-’: #$%5"/"$%-H1"2*(+"//(/"$%- 5-++="#$%(
K 9*(%5$
2" ’"(++(##-’: +( ’"20-))"1( #"%)*’( 5"
2"#*’-//(6
7UUNI\NC^7 I*$)(%5$ +( #>"(1- 5"
(11"(,-%)$ "% 0$2"/"$%- T7I 2- )*))-
+- #"%)*’- H(%)-’"$’" - 0$2)-’"$’"K ’"2*+)(%$
&": (++(##"()-; 1-’’(%%$ 1"2*(+"//()-
+- "#$%-
0-’ *% )-,0$ 0(’" ( ca
2-#$%5"6
>40507.2/795/42
ZZUSZRSZVSZTS
RRS
.( 1-))*’( V 5$)()( 5" 0’-)-%2"$%()$’"
0-’ +- #"%)*’- 5" 2"#*’-//( (%)-’"$’"
#>-; "% #(2$ 5" *’)$ <’$%)(+- 1"$+-%)$;
’"#>"(,(%$ 5" (+#*%" #-%)",-)’" "+
%(2)’$ 5-++- #"%)*’-; &(’(%)-%5$ #$2B
+( 0-’<-))( (5-’-%/( 5-++- #"%)*’- 5"
2"#*’-//( (+ #$’0$ 5-&+" $##*0(%)"
0’",( #>- "%"/" +=(/"$%- 5" )’())-%",-%)$6
.=())"1(/"$%- 5-" 0’-)-%2"$%()$’" V
’"#$%$2#"8"+- 5(++=(’’-)’(,-%)$ 5-+
%(2)’$ 1-’2$ +=(’’$)$+()$’-6
.( 1-))*’( V "%$+)’- 5$)()(; 2*+
+()$ #$%5*#-%)-; 5" *% 2-#$%5$
5"20$2")"1$ 5" 0’-)-%2"$%(,-%)$
"%2)(++()$ "% /$%( 8())"#(+#(&%$ H2*
(+#*%- 1-’2"$%" "+ 2-#$%5$ 5"20$2")"1$
5" 0’-)-%2"$%(,-%)$ V 0’-2-%)-
0-’ -%)’(,8" " 0(22-&&-’" (%)-’"$’"KG+=(11-%*)( ())"1(/"$%- V ’"#$%$2#"8"+-
5(++=(##$’#"(,-%)$ 5-+ #(1$ ,-)(++"#$6
A*’(%)- +="%)-’1-%)$ 5-+ 0’-)-%2"$%()$’-
2" 0*Q 1-’"<"#(’- *%( +-&&-’( -,"22"$%-
5" <*,$@ 9*-2)$ <*,$ %$% V %$#"1$ -
%$% "%5"#( *% 0’"%#"0"$ 5" "%#-%5"$6
Z+ 0’-)-%2"$%()$’- %$% %-#-22")( 5"
(+#*%( ,(%*)-%/"$%- %_ +*8’"<"#(/"$%-6
W*(+*%9*- "%)-’1-%)$ 5" ,$5"<"#( 5-++-
2*- #$%5"/"$%" $’"&"%(+" %- "%1(+"5(
+R-<<"#"-%/(6
?- 0-’ -1-%)" %()*’(+" -##-/"$%(+"
H(5 -26 (++*1"$%"; ,(’-&&"()-; -##6K "+
5"20$2")"1$ <$22- 2)()$ ’(&&"*%)$ 5(
(#9*( -Y$ <(%&>"&+"(; V %-#-22(’"$
’"1$+&-’2" (++( I-)- 722"2)-%/"(+- 3"() 0-’
<(’+$ 2$2)")*"’-6
7UUNI\NC^7 4-’ (1-’- +(
,(22",( 0’$)-/"$%- 5(++=(/"$%- 5-+
0’-)-%2"$%()$’-; "%5$22(’- +( #"%)*’( 5"
2"#*’-//( )-%-%5$+( 8-%- (5-’-%)- (+
8*2)$ - (+ 8(#"%$6
12<2595/42 !2 69426/
4-’ (*,-%)(’- +( 0’$)-/"$%- $<<-’)(
(&+" $##*0(%)" "% #(2$ 5" "%#"5-%)-; &+"
(’’$)$+()$’"; 2$%$ 5$)()"; (+ +$’$ "%)-’%$;
5" *% 5"20$2")"1$ #>- #$%2-%)- 5"
5$2(’- $00$’)*%(,-%)- +( <$’/( #>-
(&"2#- 2*+ )$’(#- - 2*++- 20(++- 5*’(%)-
+=(/"$%- 5" )’())-%",-%)$ 5-++- #"%)*’- 5"
2"#*’-//( "% #(2$ 5" *’)$ <’$%)(+-6