¡Descarga concepto de trata y más Apuntes en PDF de Antropología Social solo en Docsity!
!
!
"#$%&%! '()*+! ,-! .-! /01223-! .%! 45%4%! 67! 87578! 9(:%! ;#&! <)&78! 67! 7=>$#4%;)?&! 87=(%$@! %&A$)8)8;#&;7>4(%$! 7! 9)84?5);#-! B&! C-! ,-! D%5;E%! F%84%G#! H! I-! J5788#K%-! /F##568-3-!
L;4%8! 67$! M! F#&N
M&475&%;)#&%$! 8#O57! P)N5%;)#&78! 7&! L&6%$(;E%!
/>>-! Q2RS3-! D5%&%6%@! M&84)4(4#! 67! P)N5%;)#&78-! M"TI@
QUVSVWSQ02XQ1SXSX-!
%&$'(&'&$)$+(+$,-.&/0+$10/$23/+$)$45%0'&136/$+4-&%7$&/8%3+3+$10/15'-&%$*$,3+'6(310^2 $
9:;<$%=>;$+:?@A@$(=>B$
Y&)K758)6%6!67!,%Z&!
.%!45%4%!67!>758#&%8+!8#O57!4#6#!67!:([7578+!;#&!<)&78!67!7=>$#4%;)?&!87=(%$!;#&84)4(H7!(&%!67!$%8!>5#O$7:AS
4);%8!:A8!N5%K78!67!$#8!%;4(%$78!>5#;78#8!:)N5%4#5)#8-!.%8!KE;4):%8!67!7$$%!8(7$7&!875!>758#&%8!78>7;)%$:7&47!
K($&75%O$78+!$%8!;(%$78+!&#!;%O7!6(6%!67!7$$#+!>57;)8%&!67!(&%!>5#47;;)?&!78>7;)%$-!
F#&!7$!<)&!67!;#:O%4)5!78%!:#6%$)6%6!67!45%4%!H!67!#<57;75$7!>5#47;;)?&!%!$%8!>758#&%8!KE;4):%8!67!7$$%+!87!
9%&! >(784#! 7&! %;;)?&! 6(5%&47! $#8! $4):#8! %G#8! K%5)%8! )&);)%4)K%8! [(5E6);%8! H! >#$E4);%8+! 7&457! $%8! ](7! 9%H! ](7!
6784%;%5+!7&!7$!A:O)4#!67!$%8!I%;)#&78!Y&)6%8+!$#8!^5#4#;#$#8!](7!;#:>$7:7&4%&!$%!F#&K7&;)?&!;#&45%!7$!;5)S
:7&!#5N%&)*%6#!45%&8&%;)#&%$!H+!7&!B8>%G%+!7$!^$%&!)&47N5%$!67!$(;9%!;#&45%!$%!45%4%!67!87578!9(:%!;#&!
<)&78!67!7=>$#4%;)?&!87=(%$!/011QS01203-!
Y&%!;#&;7>;)?&!;#557;4%!H!(&!6)%N&?84);#!;75475#!8#O57!$%!>5#O$7:A4);%!67!$%!45%4%!67!>758#&%8!;#&!<)&78!67!
7=>$#4%;)?&!87=(%$!578($4%&!):>578;)&6)O$78!>%5%!;#&87N()5!](7!87%&!7<);%;78!$%8!>#$E4);%8!H!:76)6%8!67!6)84)&S
4%!E&6#$7!/>#$);)%$78+:>$7:7&4%&!>%5%!;#:O%4)5!787!67$)4#-!
B8+!>(78+!$7NE4):#+!)&;$(8#!&7;78%5)#+!>$%&47%587!H!784(6)%5!/78!$#!](7!9%57:#8!7&!$%!>5787&47!;#:(&);%;)?&3!8)!
$%!67<)&);)?&!67!45%4%!](7!87!K)7&7!7:>$7%&6#!7&!$%!$7N)8$%;)?&!)&475&%;)#&%$!H!&%;)#&%$+!%8E!;#:#!$%!;#&;7>;)?&!
8#O57! $%! 45%4%! ](7! %8(:7&! 67475:)&%6#8! 87;4#578! 8#;)#>#$E4);#8! 67! &(7845#! >%E8+! 578($4%&! #! &#! %67;(%6%8!
>%5%!;#:O%4)5!67!:%&75%!7<);%*!$%8!<#5:%8!67!78;$%K)4(6!H!K)#$7&;)%!7&!7$!A:O)4#!67!$%!>5#84)4(;)?&-!
^%5%!7$$#+!57%$)*%57:#8!(&!%&A$)8)8!9)84?5);#!67!$%!N784%;)?&!H!7K#$(;)?&!67$!;#&;7>4#!67!45%4%+!6747&)Z&6#!
67!:%&75%!78>7;)%$!7&!7$!784(6)#!67$!M&<#5:7!67!2Q0U!67$!F#:)4Z!67!7=>754#8!67!$%!"#;)76%6!67!I%;)#&78+!7$!
;(%$!<(7!<(&6%:7&4%$!>%5%!7$!57;#&#;):)7&4#!:(&6)%$!67!$%!>5#O$7:A4);%!67!$%!45%4%!;#&!<)&78!67!7=>$#4%;)?&!
87=(%$!H!;#&84)4(H?!$%!O%87!>%5%!7$!F#&K7&)#!67!2QWQ!67!I%;)#&78!Y&)6%8!>%5%!$%!57>578)?&!67!$%!45%4%!67!
>758#&%8!H!67!$%!7=>$#4%;)?&!67!$%!>5#84)4(;)?&!%[7&%-!
ͳǤ
F#:#! 78! 8%O)6#+! $%! 7=>578)?&! _45%4%! 67! O$%&;%8! 675)K%! 67! $%! 7=>578)?&! _45%4%! 67! &7N5#8-! B&! (&! ;#&47=4#! :%5;%6#!>#5!$%8!):>#54%&478!;#55)7&478!:)N5%4#5)%8!](7!87!678%55#$$%5#&!%!<)&%$78!67$!8)N$#!aMa!7&457!B(5#>%!H! K%5)#8!>%E878!67!L:Z5);%!/B84%6#8!Y&)6#8!H!L5N7&4)&%!7&!78>7;)%$3!H+!>#5!$#!](7!%!$%!>5#84)4(;)?&!;#&;)75&7+! >#5!7$!;#:O%47!%O#$);)#&)84%!>#5!$%!8(>578)?&!67!$%!57N$%:7&4%;)?&!67!$%!>5#84)4(;)?&+!$%!7=>578)?&!_45%4%!67! O$%&;%8`!87!(4)$)*?!>%5%!67&(&;)%5!$%!8(>(784%!7=)847&;)%!67!(&!45A<);#!)&475&%;)#&%$!/7&457!>%E878!67!B(5#>%!H! 67!7847!;#&4)&7&47!9%;)%!L:Z5);%!H!b<5);%!67$!"(53!%!N5%&!78;%$%!67!:(7578!7(5#>7%8!&%O%&!8#:7S 4)6%8!%!78;$%K)4(6!87=(%$-!
B$!97;9#!67!](7!%!>%54)5!67!$%!45%4%!67!78;$%K#8!&7N5#8!H!4#:A&6#$%!;#:#!57<757&47!>(6)787!;#&845()587!(&%! >5#O$7:A4);%! H! (&! ;#&;7>4#! 67! 45%4%! 67! O$%&;%8! 578($4%! H%! 67! >#5! 8E! >5#O$7:A4);#! H! ;(784)#&%O$7+! >(78! $%! 45%4%!67!78;$%K#8!&7N5#8!>5787&4%O%!K%5)%8!6)<757&;)%8!):>#54%&478!;#&!$%!8(>(784%!45%4%!67!O$%&;%8-!c7[%&S 6#!%$!:%5N7&!$%!6)8>%5)6%6!67!:%N&)4(6!](7!%:O#8!<7&?:7!9%OE%!%$;%&%6#!7&!$%!Z>#;%!/7$!&:75#!67! &7N5#8!](7!9%OE%&!8)6#!#O[74#!67!45%4%!H!78;$%K)%6#8!&#!47&E%!>%5%&N?&!;#&!7$!&:75#!67!:([7578!7(5#>7%8! 8#:74)6%8!%!78;$%K)4(6!87=(%$3+!>5787&4%&!K%5)%8!6)<757&;)%8!57$7K%&478!7&457!8E-!
B&!>5):75!$(N%5+!$%!45%4%!67!&7N5#8!<(7!6(5%&47!$%5N#!4)7:>#!$7N%$!H!#5N%&)*%6%!>#5!$#8!B84%6#8-!"?$#!67!787!
:#6#!>(6#!%6]()5)5!$%8!6):7&8)#&78!](7!4(K#!/d9#:%8+!2QQV3-!^#5!8(!$%6#+!$%!45%4%!67!O$%&;%8! 8)7:>57!9%!
8)6#!)$7N%$!H!>7587N()6%!>#5!$#8!B84%6#8-!/c7!97;9#+!$%!)&7<);)7&;)%!#!$%!;#55(>;)?&!>#$E4);%+K)6%6!)$7N%$+!>5#9)O)6%+!>(76%!678%55#$$%587!
%!N5%&!78;%$%-3!P)7&45%8!](7!$#8!78;$%K#8!&7N5#8!75%&!>5#>)76%6! $7N%$!67!8(!7=>$#4%6#5+!$%8!:([7578!KE;4):%8!
67!$%!45%4%!67!O$%&;%8+!KE;4):%8!67!78;$%K)4(6!87=(%$+!&(&;%!<(75#&!;#&8)675%6%8!>#5!$#8!B84%6#8!;#:#!4%$78+!
;#:#!>5#>)76%6! $7N%$!67!8(8!45%<);%&478!#!67!8(8!>5#=7&74%8^0 -!
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`!/F9%(:#&4+! 011Q@!XR3-!
267#897:#;79<=8>?9@A9:#;76;=9B>B#C9D>C#B9#8E#89F67:#9C#98G6#HED=A=G6#97>#;9789DE=B6#;67#C>#;6C=:#B9A9@=B6#
J#9@A79D>B6#>#8E#BE9F6K#'@#9C#?>7<6#B9#C>#A7>A>#B9#98G68#@9D768:#97>#E@#>L8E7B6#ME9#E@#98G6#HED=A=G6#
;EB=989#79#C>#;6C=#;>7>#;9B=7#8E#;76A9<<=N@#J#B9@E@<=>7#>#8E#>?6K#&9#?6B6#?EJ#B=H979@A9:#C>#?EO97#
6LC=D>B># ># ;768A=AE=789# 8=9?;79# ;EB6# 79# C># ;6C=# ># B9@E@<=>7# 8E# 8=AE><=N@# J# ;>7># 6LA9@97# >?;>76# J#
;76A9<<=N@#P#98#ME9:#9@#>CDE@68#<>868#B9#<677E;<=N@#;6C=<=>C#D7>G9:#@6#6LAEG=989#9C#>?;>76#>C#
ME9#A9@I>#B9797:#C>#;7=G><=N@#B9#C=L97A>B#B9#C68#98G68#@9D768#97>#;79G=>#>#C>#A7>A>#;76;=>?9@A9#B=:#98#
B9<=7:#>#8E#A7>@8;67A9#6#A7>8C>B6K#P'@#C>#?>J67I>#B9#C68#<>868#9C#>;798>?=9@A6#@6#97>#79>C=S>B6#;67#C68#A7>A>@T
A98#9E76;968:#8=@6#;67#@9D768#B9#6A7>8#A7=LE8#6#;67#D7E;68#B9#U7>L98KR#'@#9C#<>86#B9#C>8#?EO9798#LC>@<>8:#C>#
;7=G><=N@#B9#C=L97A>B:#9C#H67S>?=9@A6:#C>#98G=S><=N@:#6@#9@#C>#?>J67I>#B9#C68#<>868#A7>8#8E#A7>@8;67A9#6#
A7>8C>B6#>#6A76#;>I8:#>C#ME9#;6BI>@#Q>L97#G=>O>B6#9@D>F>B>8#PH>C8>8#;76?98>8#B9#9?;C96#6#?>A7=?6@=>C98RK#
+=9@A7>8#ME9#C68#98G68#@9D768#@E@<>#AEG=976@#C>#=@A9@<=N@#B9#>L>@B6@>7#8E#A=977>:#C>8#?EO9798#ME9#HE976@#
GI8#B9#A7>A>#ME97I>@#9?=D7>7#6#98A>L>@#=@A9798>B>8#9@##9CC6#9@#L>8A>@A98#<>868K#
/=@>C?9@A9:# E@># A97<97># B=H979@<=># B=D@># B9# ?9@<=N@# >A>F9# ># C>8# ;9786@>8# <6@8=B97>B>8# <6?6# ?9@6798# B9#
9B>BK#!68#@9D768#?9@6798#B9#9B>B#GI8#B9#C>#98G=S><=N@#J#B9#C>#A7>A>#@E@<>#B=976@#8E#<6@89@A=?=9@A6K#
'@#9C#<>86#B9#C>#A7>A>#B9#98G68#@9D768:#HE989@#V8A68#?>J6798#6#?9@6798#B9#9B>B:#9C#<6@89@A=?=9@A6#98#
=?;9@8>LC9K# '8# 6LG=6# ME9# 8=# ># C68#?9@6798# @9D768# 89# C98# QEL=989# B>B6# C># 6;<=N@# B9# <6@89@A=7# 6# @6:# @E@<>#
Q>L7I>@#B=#98G=AEB#=?;C=<>#<6@<9;AE>C?9@A9#H67S>?=9@A6:#;7=G><=N@#B9#C=L97A>B#J#>E89@<=>#B9#
;68=L=C=B>B#B9#<6@89@A=?=9@A6:#A>@A6#9@#9C#<>86#B9#C68#?>J6798#B9#9B>B#<6?6#9@#9C#B9#C68#?9@6798K#!>#;68=T
L=C=B>B# B9# ME9# E@># ;9786@>:# @9D7># 6# LC>@<>:# ?>J67# 6# ?9@67# B9# 9B>B:# ;E9B># <6@89@A=7# 9@# <6@G97A=789# 9@#
98G6#798ECA>#>L8E7B>K#
2976:#9@#9C#<>86#B9#C>#A7>A>#B9#LC>@<>8:#C>8#?9@6798#B9#9B>B#89#<6@8=B97>76@#PJ#<6@8=B97>@R#GI8#B9#C>#
A7>A>#>E@ME9#@6#QEL=989@#8=B6#H67S>B>8#>#;768A=AE=789:#>E@ME9#QEL=989@#B>B6#8E#<6@89@A=?=9@A6#>C#A7>8C>B6#J#
9?;C96#9@#C>#;768A=AE<=N@K#'@#C>#A7>A>#B9#LC>@<>8:#C>8#?9@6798#86@#<6@8=B97>B>8#GI8#B9#A7>A>#>E@ME9#@6#
Q>J>@#8=B6#A7>8C>B>B>8#>#C>#HE97S>#@=#H67S>B>8#>#;768A=AE=789K#(E#<6@89@A=?=9@A6#@6#98#A9@=B6#9@#K#
+U8#>CCU#B9#98>8#79C9G>@A98#B=H979@<=>8:#J#8=#B9O>?68#>C#?>7D9@#C>#;76LC9?UA=<>#B9#C68#?9@6798#B9#9B>B#J#
@68# <9@A7>?68# 9@# C>8# ;9786@>8# ?>J6798# B9# 9B>B:# ME9# 98# 9C# <>86# ME9# 9@# 98A9# A9WA6# @68# =@A9798>:# >?L68#
H9@N?9@68#T9C#B9#C>#A7>A>#B9#@9D768#J#9C#B9#C>#A7>A>#B9#LC>@<>8T#A9@I>@#E@#@X@A9:#989@<=>C:#
ME9#OE8A=H=<>L>#8E#>8=?=C><=N@4#C>#98G=AEB:#9C#H67S>?=9@A6:#C>#;7=G><=N@#B9#C=L97A>B#;67#;>7A9#B9#6A7>8#;9786T
@>8:#9C#86?9A=?=9@A6#B9#?>@97>#H67S>B>#>#B9A97?=@>B68#A7>L>O68#6#>B98K#Y89#97>#9C#9C9?9@A6#G9#9@#
9C# ME9# 89# 8E8A9@A>L># C># >8=?=C><=N@# 9@A79# A7>A># B9# @9D768# J# A7>A># B9# LC>@<>8:# J# ME9# <6@H97I># ># 98A># XCA=?>#
9W;798=N@#<=97A>#7>SN@#B9#897:#E@>#OE8A=H=<><=N@#<6@<9;AE>CK#
'@#79C><=N@#>#C>#;768A=AE<=N@:#C>#A7>A>#B9#LC>@<>8#89#9@A9@BI>#HE@B>?9@A>C?9@A9#<6?6#9C#B98;C>S>?=9@A6#B9#
E@># ?EO97# =@BE<=B6# ;67# E@# >LE86# P9@D>F6R# J# 89DE=B6# 9@# 9C# CED>7# B9# CC9D>B># ;67# E@# H67S>?=9@A6# PG=6C9@<=>:#
>?9@>S>8R#>#;768A=AE=789:#;67#8E#<6@G978=N@#9@#98G>#89WE>CK#!>#A7>A>#B9#LC>@<>8#97>#A7>A>#B9#98G>8#LC>@T
<>8K# &9# ?>@97># ?U8# ;79<=8>4# B98;C>S>?=9@A6:# D9@97>C?9@A9# L>O6# 9@D>F6:# B9# ?EO9798# ;>7># 86?9A97C>8# >#
98G=AEB#89WE>CK#'8#B9<=7:#@6#;6BI>#B98G=@789#B9#C>#98G=S><=N@K#
"@A9#C>#>C>7?>#86<=>C#ME9#9C#?6G=?=9@A6#>L6C=<=6@=8A>#Q>LI>#8E8<=A>B6#9@#A67@6#>#C68#8E;E98A68#<>868#B9#A7>A>#
B9#LC>@<>8#J#C>8#=@H67?><=6@98#B=8<79;>@A98#ME9#Q>LI>#86L79#9C#>8E@A6:#C>#(6<=9B>B#B9#,><=6@98#B9<=B=N#79>C=T
S>7#E@>#=@G98A=D><=N@#;>7>#>G97=DE>7#C>#B=?9@8=N@#79>C#ME9#C>#A7>A>#B9#?EO9798#J#@=F68#A9@I>#9@#'E76;>#J#"?VT
7=<>K#
2>7>#9CC6:#89#<6@8A=AEJN#E@#.6?=AV#98;9<=>C#B9#9W;97A68:#9@#9C#ME9#H=@>C?9@A9#;>7A=<=;>76@#B6<9#;9786@>8ZK#'C#
.6?=AV#=@G98A=DN#C>#;76LC9?UA=<>#B9#C>#A7>A>#9@#[#;>I898#J:#;>7>#<6@H=DE7>7#9C#=@H67?9#ME9#B9LI>#9?=A=7:#79>T
Z# (^) !>8#;9786@>8#ME9#H67?>76@#;>7A9#B9C#.6?=AV#HE976@#C>8#8=DE=9@A98#P.Q>E?6@A:#[]]^4#T_\RK#_R#!>#;7=@<98>#=A>C=>@>#.7=8A=@>#a=E8A=@=>@=# b>@B=@=#P_\ccT_^^R:#ME=9@#A9@I>#]#>F68#9@#_^[dK#/E@B>B67>#B9#C>#*@=N@#B9#C>8#?EO9798#=A>C=>@>8#<>ANC=<>8:#67D>@=S><=N@#ME9#B9H9@BI># C>#G=@<=N@#B9#C>8#?EO9798#>#C>#B6#;>;>C#9@#<6@A7>#B9#C>#B98G=@<=N@#B9#C>#0DC98=>#;76;ED@>B>#;67#C68#C=L97>C98K#'7>#A>?L=V@# ?=9?L76#B9#C>#*@=N@#=@A97@><=6@>C#B9#C>8#?EO9798#<>ANC=<>8K#(E#B98=D@><=N@#<6?6#?=9?L76#B9C#.6?=AV#HE9#>;6J>B>#;67#+E886C=@=K#)>LI># ;>7A=<=;>B6#9@#G>7=68#<6@D79868#86L79#C>#A7>A>K#[R#!>#B6#2>EC=@>#!E=8=#P_\eT^d^R:#E7EDE>J>:#d^#>F68K#/E9#C>#;7=?97>#?EO97#B=;C6T ?>B>#9@#?9B=<=@>#B9#8E#;>I8K#&9#=B96C6DI>#H9?=@=8A>#J#86<=>C=8A>K#/E9#E@>#B9#C>8#HE@B>B67>8#B9C#?6G=?=9@A6#>L6C=<=6@=8A>#9@#"7D9@A=@>#J# *7EDE>JK#+=9?L76#B9#C>#.6?=8=N@#<6@8ECA=G>#86L79#C>#A7>A>#B9#C>#(6<=9B>B#B9#,><=6@98K#ZR#'C#?>J67#b>8<6?#f6Q@86@:#OE7=8A>#B9#H67?>T <=N@:#HE9#9C#B=798#=@G98A=D><=6@98#86L79#9C#A9779@6K#&=7=DI>#C>#89<<=N@#C9D>C#B9#C>#"86<=><=N@#B9#Q=D=9@9#86<=>C#>?97=<>@>#P"()"RK# "EA67# B9# @E?976868# >7AI# ;768A=AE<=N@K# &=7=D=N# C># =@G98A=D><=N@# 86L79# C># A7>A># 9@# -7=9@A9# P_^Z]T_^Z[RK# dR# 'C# B6?# /99?>@#(@6h#P_\edT_^]R:#]#>F68:#98A>B6E@=B9@89K#&=79#"86<=><=N@#>?97=<>@>#B9#Q=D=9@9#86<=>CK#/E9#9C#;798=B9@A9#B9C#.6?=AV# 98;9<=>C#B9#9W;97A68K#R#%>F68:#L7=AU@=<>:#B=79#B9#C>#(9<<=N@#(6<=>C#B9#C>#(6<=9B>B#B9#,><=6@98K#cR# (=B@9J#g98A#)>77=8#P_\ecT_^c[R:#d\#>F68:#L7=AU@=<6:#98;9<=>C=8A>#9@#C>#;76A9<<=N@#B9#C>#=@H>@<=>:#?=9?L76#B9#C>#.6?=8=N@#<6@8ECA=G>#86L79# C>#A7>A>#B9#?EO9798#J#B9#@=F68#B9#C>#(6<=9B>B#B9#@><=6@98K#268A97=67?9@A9:#897I>#;798=B9@A9#B9#C>#.6?=8=N@#B9#<9@8E7>#B9#C>8#;9CI8#9@# a7>@# b79A>F>K# eR# "CH79A# B9# +9E76@# P_\eT_^[\R:# ce# >F68:# 8E=S6:# =@D9@=976:# 9G>@DVC=<6:# ?=9?L76# ># /9B97><=N@# >L6C=<=6@=8A>#
06789:9#+;<6#:=>9?9>=#@<=A#=?#:=B;>7C?#;#B;6#D7C?#69I:=#=B#J=D;A#@<=#=K76J;#89B9#MN:;<8=O#9#P79B=?>7;A#G=:9#;B=L;#@<=#=B#.9D7JQ#?9#G<=8=#B7D7J;:6=#;#
=6;#R8=N7?7>7C?#=6J:7>J;S#8=#J:;J;#F#@<=#8=I=#>9?678=:;:#J;DI7Q?#>9D9#J:;J;#B96#8=6GB;T;D7=?J96#8=#D7;#B;#G:96J7J<>7C?#67?#@<=#=K76J;#=?#=BB96#89B9#?7#P79B=?>7;6U#'?#6<#9G7?7C?A#H;F#J;DI7Q?#J:;J;#;9;>>79?=6W#FA#R=?#=6=#6=?J789#;DGB79S#8=B#JQ:D7?9A#B;#7?P=6J7L;>7C?#8=#X9H?69?#G:<=I;#B;#=K76V
J=?>7;#8=#R;#8=B#(<:S#M.H;9?#QB#=?#G:7P;89A#J=:D7?C#G9:#;67C?#;DGB7;#8=B#JQ:D7?9#RJ:;V
J;SU#
,96# =?>9?J:;D96# ;@<^# >9?# 7C?# RG<:;D=?J=# 89LD_J7>;S# 8=B# 67L?7N7>;89# 8=B# JQ:D7?9A# G<=6# =?#
?7?L`?#D9D=?J9#6=#87=:9?#=?#B;6#6=679?=6#:;T9?=6#@<=#B;#E<6J7N7>;6=?#M=6#=P78=?J=#@<=#?9#B;6#H;I^;OU#
"BN:=J#8=#+=<:9?A#=?#79?=6A#6=a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
'?#B;#D76D;#B^?=;A#!=#!<>#6=a;B;#@<=#=B#.9D7JQ#=6J_#=?J=?87=?89#G9:#J:;J;A#R8=#D;?=:;#;I69B<;?89#9?#6<#>9?6=?J7D7=?J9#F#67?#D;?79I:;6#89B96;6US#M.H;9B9>;#;#;6;#8=#J9B=:;?>7;#9#B;#BB=P;#8=#9?#6<#>9?6=?J7D7=?J9A#?9#=6A#=?#=B#6=?J789#=?#@<=# =?#D7#9G7?7C?#8=I=:^;D96#=?J=?8=:B9A#;?J=#MUUUOU#e'6;#G=:69?;f#>9B9>;#G:96J7J9D9#B;6#9N7>7?;6#8=# >9B9>;>7C?#H9?9:;IB=6#>9B9>;:^;?#=DGB=;8;6#9#89DQ6J7>;6U#&=#H=>H9A#?9#J:;N7>;A#=?#=B#6=?J789#7B=L;B#8=B#JQ:D7V ?9W#FA#=?#=B#6=?J789#:<7?#8=B#JQ:D7?9A#?9#J:;N7>;#D9B9>;U#M.H;9?>B9?678=:;?89#B;#J:;J;#R=?#;696#8=#RJ:;J;SA#=?#=B#6=?J789#;DGB7;89#8=B#JQ:D7?9#@<=#6=#;67>79# 8=#P79B=?>7;#?7#P79B;>7C?#8=#B;#B7I=:J;8A#g=?#?9DI:=#8=#@=4#RB;#J:;J;# 8=# G:96J7J9?J:;D96# =?# QBA# R=6# ;BD=?J=# 67C?# P9B;8;6# ;# B;# G:96J7J<>7C?# :=G:=6=?J;I;# 7C?OU#!96#=KG=:J96#?9#J=?^;?#;696#:=;B=6#8=#J:;J;A#8=#=6>B;P7J<8#6=K<;BU#2:<=I;#8=# =BB9# =6# @<=# 6=# 8=6=?J=?87=:9?# 8=# B96# >;696# D_6# 6;?L:;?J=6# 8=# J:;J;# 69I:=# B96# @<=# 9IJ7C?# MPQ;6=#.H;;GU#\YOU#
ͶǤ V V
$:;6#B;#;89G>7C?#8=#B;#.9?P=?>7C?#8=#[j[#B;#G:9IB=D_J7>;#8=#B;#J:;J;#8=6;G;:=>7C#=?#'<:9G;#8=#B;#=6>=?;# 69>7;B#F#8=#B;#;L=?8;#G9B^J7>;U#(CB9#;G;:=>7C#8=#D;?=:;#G7C?#;#;BL;696A#>9D9#=B#=6J;V IB=>7D7=?J9#8=#I<:8=B=6#G;:;#D7B7J;:=6#=?#8=J=:D7?;8;6#>9B9?7;6#9#=B#:9?#N7?=6#8=# 6<#=KGB9J;>7C?#6=K<;B#@<=#6<:L7C#=?#-:B=;?6#=?#[k[#M=6J<87;89#G9:#'8L;:#+9:7?A#[lkOU#
"#>9D7=?T96#8=#B;#8Q>;8;#8=#[lZA#>9?#=B#7?>:=D=?J9#8=#B96#NB7;#'<:9G;#9>>78=?J;B#F#B;# >:=>7=?J=#G;:J7>7G;>7C?#8=#D;89#8=B#6=K9#8=#B96#G;^6=6#=<:9G=96A#B;#G:9IB=D_J7>;# 8=# B;# J:;J;# >9?# N7?=6# 8=# =KGB9J;>7C?# 6=K<;B# :=;G;:=>7C# =?# ?<=6J:9# >9?J7?=?J=# H;6J;# >9?P=:J7:6=# =?# J=D;# 8=# ;>J<;B78;8U#
29:#B9#@<=#;#'6G;a;#6=#:=N7=:=A#B;#>9?=K7C?#=?J:=#=B#N=?CD=?9#8=#B;#G:96J7J<>7C?#F#=B#8=#B;#7?D7L:;>7C?#H;#6789# 79?=6#D_6#8=6J;>;8;6#=?J:=#B;6#9><::78;6#8<:;?J=#B;6#BJ7D;6#8Q>;8;6#=?#=B#D=:>;89# 8=B#6=K9#8=#?<=6J:9#G;^6U#!;#D;F9:^;#8=#B;6#D=?#H9F#B;#G:96J7J<>7C?#=?#'6G;a;#69?#7?D7L:;?V J=6#=KJ:;?E=:;6#M=?#J9:?9#;#7=?J9A#6=L?#;BL_B>9D=8=?#69I:=#J989#8=#G;^6=6#8=#!;J7?9;DQ:7>;#M.9B9DI7;A#m:;67BA#'><;89:O# F#B;#'<:9G;#8=B#'6J=#M%:;?7;OA#F#H;?#P7;E;89#H;6J;#?<=6J:9#G;^6#G9:#D9J7P96#N9?CD7>96#F#B;I9:;B=6W#=6#8=>7:A#69?#B9#@<=#BB;D;D96#R7?D7L:;?J=6SU#
&=#D;?=:;#G;:;B=B;#;#=6=#>;DI79A#6=#H;#789#L=?=:;?89#=?#'6G;a;#<_B#=6#B;#67J<;V >7C?# :=;B# 8=# B;6# DH9# D=:>;89# V=KJ:;?E=:;6# 7?D7L:;?J=6# =?# 6<# D;F9:^;A# >9D9# H=D96# P76J9V#F#69I:=#>CD9#H;I:^;#@<=#L=6J79?;:#G9B^J7>;D=?J=#=B#N=?CD=?9#8=#B;#G:96J7J<>7C?U#
&6786#69#:;<=:=6>?;#@A;9=B=;>=7?@C#9@#B;>6D=E>#6>?F6#:GH6F67#=>:=IF@>?67#J#:6FB@8;#869#76D;#76#B;:KF6>86C#
6DK9=B@#J#867BF=A6#6>#?LF:=>;7#86#?F@?@#J#67B9@<=?G8#76DG@9M#$;8@7#;#9@#IF@>#:@J;FN@#86#9@7#:GH6F67#O6>#7=?G@P
B=E>#86#KF;7?=?GB=E>Q#7;>##7=8;#6>I@S@8@7#J#T;FU@8@7#@#KF;7?=?G=F76#K;F#F6867#
:@T=;7@7C#J#76#6>BG6>?F@>#6>#G>@#7=?G@B=E>#86#@G?L>?=B@#67B9@<=?G8#76DG@9M#
"7NC#K;F#B=?@F#@9IG>;7#6H6:K9;7#86#9;7#B=6>?;7#VG6#K;8FN@>#?F@6F76#@#B;9@B=E>C#9@#@G?;F@#T6:=>=7?@#J#@A;9=B=;>=7?@#
W6::@#!=6>@7#XYZZ[C#\Y]P\Y^#@76<6F@#VG6#69#^a#86#9@7#KF;7?=?G?@7#67?b>#6>#9@#KF;7?=?GB=E>#T;FU@8@7#K;F# :@T=@7#=>?6F>@B=;>@967c#7E9;#G>#a#R@>#696I=8;#9=AF6:6>?6#O<6>86F#7G#BG6FK;QM#!=6>@7#XYZZ[4#dd#=86>?=T=B@#69# ^Za#86#9;7#B@7;7#86#9@7#KF;7?=?G?@7#VG6#R@J#6>#'7K@S@#B;>#69#B@7;#86#(;:@9J#+@:C#OG>@#:GH6F#B@:A;J@>@#
VG6C#86#>=S@C#TG6#<6>8=8@#B;:;#67B9@<@#6>#<@F=@7#;B@7=;>67#J#;A9=I@8@#@#6H6FB6F#9@#KF;7?=?GB=E>MQ#'>#69# +@>=P
T=67?;#K;9N?=B;#K;F#9@#@A;9=B=E>#86#9@#KF;7?=?GB=E>#76#@T=F:@#VG6#O9@#KF;7?=?GB=E>Q#X6>#?;8;7#9;7#B@7;7#J#B=FBG>7?@>P
B=@7_#67#OG>@#T;F:@#86#67B9@<=?G8Qc#e9;#VG6#99@:@:;7#KF;7?=?GB=E>#67#67B9@<=?G8#76DG@9e#X&=F6BB=E>#W6>6F@9#86#9@# +GH6FC#YZZ\4#`_M#
26F;#67;7#K;FB6>?@H67#J#9@#@:@9I@:@#6>?F6#KF;7?=?GB=E>C#?F@?@#J#67B9@<=?G8#76DG@9#VG6#=:K9=B@>#6>#:;8;#@9IGP >;#R@>#7=8;#B;FF;A;F@8;7#K;F#9;7#67?G8=;7#:b7#T=@A967#VG6#76#R@>#F6@9=U@8;#7;AF6#69#?6:@#X9;#BG@9#>;#7=I>=T=B@# >6I@F#9@#6D=7?6>B=@#86#B@7;7#86#?F@?@C#67B9@<=?G8#J#6DK9;?@B=E>#76DG@9C#VG6#9@:6>?@A96:6>?6#9;7#R@J_M#
"#9@#K@F#VG6#76#?F@>7T;F:@A@#69#:6FB@8;#869#76D;#67K@S;9C#VG6#9@#KF;A96:b?=B@#86#9@#?F@?@#86#:GH6F67#B;># T=>67#86#6DK9;?@B=E>#76DG@9#76#B;>7;9=8@A@#B;:;#?6:@#86#@B?G@9=8@8#6>#9;7#:68=;7#86#B;:G>=B@B=E>C#VG6#76#
6>B6>8N@#69#86A@?6#7;AF6#9@#I67?=E>#67?@?@9#86#9@#KF;7?=?GB=E>C#J#VG6#69# 9;AAJ#@A;9=B=;>=7?@#8=TG>8N@#7G#<=7=E>#
7;AF6#9@#7=?G@B=E>#86#9@7#:GH6F67#OKF;7?=?G=8@7QC#86786#69#b:A=?;#86#9@7#.=6>B=@7#(;B=@967#76#=A@>#F6@9=U@>8;#J# KGA9=B@>8;#PJ@#86786#9@#8LB@8@#86#9;7#>;<6>?@#869#7=I9;#<6=>?6C#K6F;#7;AF6#?;8;#8GF@>?6#9;7#@S;7#869#>G6<;# :=96>=;# ?F@>7BGFF=8;7P# G>@# 76F=6# 86# =><67?=I@B=;>67# 7;AF6# 9@# KF;7?=?GB=E># J# 69# :6FB@8;# 869# 76D;# 6># '7K@S@# XKG686>#<6F76#7G7#F6T6F6>B=@7#6>#(;9@>@C#YZZ`C#YZZfC#YZ\Z_M#(6#?F@?@#86#=><67?=I@B=;>67#F6T6F=8@7#@#8=7?=>?@7# B=G8@867#J#F6I=;>67#67K@S;9@7C#A@7@8@7#6>#G>#B;>?@B?;#8=F6B?;C#:b7#;#:6>;7#KF;9;>I@8;#6#=>?6>7;C#76Ig># 9;7#B@7;7C#B;>#9;7#B;96B?=<;7#=>8@I@8;7C#J#F6@9=U@8@7#B;>#?LB>=B@7#86#=><67?=I@B=E>#KF;K=@7#86#9@7#.=6>B=@7#(;P B=@967#X6>BG67?@7C#6>?F6<=7?@7#6>#KF;TG>8=8@8C#767=;>67#86#;A76F<@B=E>#8=F6B?@C#F69@?;7#;#R=7?;F=@7#86#<=8@_M##
!;7#F67G9?@8;7#86#67;7#67?G8=;7#;TF6B6>#G>@#=:@I6>#869#:6FB@8;#869#76D;#J#869#:G>8;#86#9@#KF;7?=?GB=E>#VG6# 8=T=6F6#A@7?@>?6#86#9@#K@>;Fb:=B@#?F@U@8@#K;F#69#@A;9=B=;>=7:;M#(G7#@G?;F67#>;#>=6I@>#9@#6D=7?6>B=@#86#F69@P B=;>67#86#6DK9;?@B=E>#>=#86#B@7;7#86#?F@?@M#h#6>#:;8;#@9IG>;#=I>;F@>#9;7#@7K6B?;7#:b7#8GF;7C#KF;A96:b?=B;7# J#?6FF=A967#86#9@#KF;7?=?GB=E>M#+b7#@g>C#K;>6>#86#:@>=T=67?;C#@>@9=U@>#J#BF=?=B@>#7=?G@B=;>67#86#676#?=K;M#26F;# ?@:A=L>#7@B@>#@#9@#9GU#B@7;7#:GJ#8=7?=>?;7#J#7=?G@B=;>67#8=T6F6>?67M#.;:;#<6F6:;7C#F6<69@>#KF;B67;7#86#:=P IF@B=E>#Ji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dM#
ͷǤ V
2@F@# =>?6>?@F# 69G8=F# 9@# T@97@B=E># 86# 7G7# =>TG>8@8;7# K;FB6>?@H67# 6# =>?6>?@F# B;>T6F=F967# <6F@B=8@8# @# L7?;7C# 9@7# @A;9=B=;>=7?@7#:@>=KG9@>#J#?6FI=<6F7@>#9@#>;B=E>#86#?F@?@C#<;9<=6>8;#@7N#@#K;>6F#6>#KFbB?=B@#9@#?F6?@#J@#G?=9=U@8@# K;F#9;7#6DK6F?;7#869#.;:=?L#86#9@#(;B=68@8#86#,@B=;>67M#
d#!;7#696<@8;7#J#B;>?G>86>?67#K;FB6>?@H67#86#:GH6F67#J#>=S@7##T=>67#86#6DK9;?@B=E>#76DG@9#>;#7E9;#76#F6<69@>#=>TG>P 8@8;7#6>#'7K@S@C#7=>;#?@:A=L>#B;>#F67K6B?;#@#:GBR;7#;?F;7#K@N767#J#6>#F69@B=E>#@#8@?;7#86#b:A=?;#:G>8=@9M#-TF6B6FL#@9IG>;7#86#9@7# B=TF@7#VG6#B@9BG9@#(=88R@F?R#j@F@#6>#G>@#KGA9=B@B=E>#F6B=6>?6M#">?67#86#6DK;>6F9;7C#B;><=6>6#86B=F#VG6#j@F@#XYZ\Z4#[ZP[_#@A;I@#K;F# G>@# K;9N?=B@# 86# K6>@9=U@B=E># 86# 9@#KF;7?=?GB=E>C# 86# K6>@9=U@B=E># ?@>?;# 86# 9@# <6>?@# G# ;T6F?@# B;:;# 86# 9@# B;:KF@# ;# 86:@>8@# 86# 76F<=B=;7# 76DG@967#<6>@967C#86#:@>6F@#VG6#8=TNB=9:6>?6#KG686>#BG67?=;>@F76#7G7#8@?;7#@K69@>8;#@#7GKG67?@7#@T=>=8@867#B;>#69#:;<=:=6>?;#@#T@<;F# 86#9@#F6IG9@B=E>#9@A;F@9#86#9@#KF;7?=?GB=E>M#.@9BG9@#VG6C#@#T6BR@#86#YZZ[C#R@AN@#Y]kd#:=99;>67#86#67B9@<;7#6>#69#:G>8;C#86#9;7#BG@967#\kY# :=99;>67#6F@>#67B9@<@7#76DG@967C#67#86B=FC#:GH6F67# J#>=S@7#6>I@S@8@7C#76BG67?F@8@7C#<6>8=8@7#J#T;FU@8@7#@#6H6FB6F#9@#KF;7?=?GB=E>M#2;F# ?@>?;C#9@#67B9@<=?G8#76DG@9#7GK;>N@#G>#dkYa#869#I9;A@9#86#B@7;7#86#67B9@<=?G8M##(=#8@:;7#K;F#AG6>@#9@#B=TF@#86#d#:=99;>67#86#KF;7?=?G?@7# 6>#69#:G>8;C#VG6#R@#7=8;#@7G:=8@#K;F#<@F=;7#;FI@>=7:;7#;T=B=@967C#>G67?F@7#.;F?67#W6>6F@967#6>?F6#699;7#X2;>6>B=@#86#9@#.;:=7=E>#+=D?@C# YZZf4#YY_C#6>?;>B67#>;7#6>B;>?F@FN@:;7#B;>#G>#K;FB6>?@H6#86#G>#lZa#86#67B9@<@7#76DG@967M#j@F@#XYZ\Z4#Y[YPY[l_#67?=:@#VG6#6>#'GF;P K@#J#"7=@#9@7##F6KF676>?@F#869#lZ#@9#d#K;F#B=6>?;#86#9@7#:GH6F67#VG6#6H6FB6>#9@#KF;7?=?GB=E>C#:=6>P ?F@7#VG6#6>#9;7#'7?@8;7#*>=8;7#69#K;FB6>?@H6#86#67B9@<@7#76DG@967#67#:6>;FC#869#`#@9#YZ#K;F#B=6>?;#86#9@7#KF;7?=?G?@7M#"T=F:@#VG6C#6># 67?6#K@N7C#9@#:@J;FN@#86#9@7#K6F7;>@7#;#9;#7;>#K@F@#76F#6DK9;?@8@7#76DG@9:6>?6C#7=>;#K@F@#?F@A@H;#T;FU;7;#6>#9@#@IF=P BG9?GF@C# 69# 76F<=B=;# 8;:L7?=B;C# 9@7# TbAF=B@7# J# 9@# :6>8=B=8@8M# .@9BG9@# VG6# 6># m;:A@J# G>@# 86# B@8@# 7=6?6# KF;7?=?G?@7# 67# 67B9@<@# XKM# ^Y_M# (6S@9@#VG6#9@#:@J;FN@#86#9@7#KF;7?=?G?@7#VG6#?F@A@H@A@>#6>#9;7#B9GA67#86#2@?K;>I#XU;>@#86#KF;7?=?GB=E>#6>#m@>In;nC#$@=9@>8=@#>;#6F@># 67B9@<@7c# 7E9;# G>@# K6VG6S@# K@F?6# 9;# 6F@# XKKM# YYdPYY_M# '7?=:@# VG6# 6># $@=9@>8=@# G>@# 86# B@8@# 8=6U# KF;7?=?G?@7# 67# # 8=F6B?@#XKM#Yl#J#VG6#6>#0?@9=@#G>@#86#B@8@#?F67#KF;7?=?G?@7#67#67B9@<@#76DG@9#XKM#l`^_M#'>#?;8;7#9;7#B@7;7C#K;F#?@>?;C#K;FB6>?@H67#86# ?F@?@C#86#67B9@<=?G8#76DG@9C#:GJ#@96H@8;7#86#9;7#]Z#J#^Z#K;F#B=6>?;#86#67B9@<@7#76DG@967#VG6#7G696>#KF67GK;>6F#J#@76<6F@F#9@7#@A;9=B=;>=7P ?@7M#
.6789:;<967=#:>?=#@67#<>:>#A<9>67:>#6#<78BC:C<>#DE#76#@67#CF#C<#H6>#7#C<#A96>8B8F@BJ7#C67C<#K:L
9B:>#C<##89:M:;:7N#F7:#C:HC:9Q##
*7:>#A:G:#>:MB<7C6#OF<#K<7?:7#:#A96>8B8FB9>=#F7:#KA:G:=#:H#76#<7@6789:9#89:L
M:;6=#9<@F99B<967#:#H:#A96>8B8F@BJ7#A69#K6HF78:C#A96AB:=#<>#C<@B9=#>B7#OF<#7:CB<#H:>#S69R:><#:#8B8F@BJ7# ><# TBR6# <7# H:# P:E69?:# C<# H6># @:>6># D<7# F7# UVWXY# C<# N# :# 89:KZ># C<# :PBI6>=# S:PBHB:9<># E#
@676@BC6>Q#
2:98<# C8B8F@BJ7# H6# 9:7# :# >F># S:PBHB:>Q# *7:# C<# # @67SB<>:#
I:7:9#F76>#[Q\##:H#P<>=#C<>@:7>:7C6#F76>#C6>#C?:>#:#H:#>F>#:PBI:>#OF<#
89:M:;:# <7# F7# 9<>8:F9:78<# I:7:# ]\# # 89:M:;:7C6# ^C?:# E# 76@T<_# D/# 296I9<>B>8:>=#
V\4#VULV``NQ#
'><#<>#6Q#a.JP6#H6#B78<9A9<8:7#E#K:H69:7#H6>#:F869<>#C8FCB6b#
'78B<7C<7#E#:SB9P:7#OF<#<>:>#PF;<9<>#^>67#K?@8BP:>#C<#F7:#89:8:=#:#H:#OF<#C<76PB7:7#@6P6#^89:8:#<>89F@8FL 9:H=#A69OF<#A:C<@?:7#F7:#^>B8F:@BJ7#C<#KFH7<9:MBHBC:C_#<7#>F#A:?>#E#><#<7@F<789:7#<7#F7:#^>B8F:@BJ7#C<#KFH7A:G:#D/#296I9<>B>8:>=#V\`4#VcdNQ#'7#>F#A:?>=#A69OF<#>FS9?:7#C<>BIF:HC:L C<>#C<#IZ7<96#A69#><9#PF;<9<>#E#A:C<@?:7#CBSB@FH8:C<>#<@67JPB@:>#A69#><9#A6M9<>Q#'7#'>A:G:=#A69OF<#CF#PBI9:@BJ7#E#A69OF<=#:H#<7@6789:9><#<7#F7:#>B8F:@BJ7#C<#B9989:8BK:=#76#AF896#A:?>4#
<7#<>86>#@:>6>#H:#SBIF9:#C<#C<#@:A8:@BJ7#76#8<=#>B76#OF<#<>#H:#<>89F@8F9:#<@67JPB@:#C<#H6>#A:?><>#C<#69BL I<7#OFB<7#f:W#:#<>8:>#PF;<9<>=#E##9<@8<#@:>6#'>A:G:N#OFB<7=#:#89:KZ>#C<#H:>#H#C<#B7PBI9:@BJ7#E#H:# BPA6>BMBHBC:C#C<#:@@#>B8g:#<7#F7:#>B8F:@BJ7#C<#KFH7<9:MBHBC:C#OF<#C<>8BL 8F@BJ7Q#DAQ#Vc[NQ#
h#:OF?#@JP6#><#6MKB:#6#<7#9B8F:@BJ7#C<#KFH7<9:MBHBC:C#E#><#<78B<7C<#OF<#M:>8:#@67# H:# 8<7@B:# C<# Z>8:# A:9:# OF<# T:E:# 89:8:Q# (<# 6MKB:=# B7@HF>6=# H:# 8B8F@BJ7# :;<7:=#AF<>#K:9B:>#C<#H:>#PF;<9<>#<@F:869B:7:>#@67@<97BC:>#<;<9@<7#H:#A96>8B8F@BJ7#@:HH<;<9:#C<#P:7<9:#:F8JL 76P:Q# "# H6># :F869<># H<># M:>8:# @67# OF<# ><# C<>8B8F@BJ7=# :F7OF<# Z>8<# ><:# :F8J76P6=#A69#@F<78:#A96AB:=#E#><#9<:HB@<#>B7#PFH8:#HH:P:8BK6#OF<=#@6P6#AF<#<7##:F869<>#@FHA<7#:#A:?><>=#:#'@F:C69#E#:#'>A:L G:=#76#E:#:#A<9>67:>=#7B#>BOFB<9:#:#i6MB<976>=#C<#H:#>B8F:@BJ7#C<#KFH7<9:MBHBC:C#C<#H:>#<@F:869B:7:>#B7PBI9:7L 8<>=#@67KB98BZ7C6H6>#:>?#<7#:I<78<>#9<>A67>:MH<>#C<#H:#89:8:Q#
269#689:#A:98<=#H6>#:F869<>#8:@T:7#@6P6#^9#C<#89jSB@6#BH?@B86#C<#B7PBI9:78<>#:#H:>#A<9>67:>#E#M:7@6>#OF<# A9<>8:967#CB7<96#:#H:>#B7PBI9:78<>#<@F:869B:7:>4#H:>#PF;<9<>#^I<>8B67:967##C<#A9<>8:PB>8:>#6# M:7@6>#C<#>F#A:?>=#<>#C<@B9=#:#89:KZ>#C<#9#C<#89jSB@6#BH?@B86#C<#B7PBI9:78<>Q#DAQ#Vc[N#
&<#<><#P6C6#@9BPB7:HBR:7#:#A<9>67:>#E#<78BC:C<>#OF<#76#T:7#T<@T6#Pj>#OF<#A9<>8:9#CB7<96#:#PF;<9<>#OF<#><# H6#T:7#A<>#A69#<#:#Q#
/B7:HP<78<=# H6># :F869<># :@F>:7# :# H:># S:PBHB:># C<# H:># <@F:869B:7:># B7PBI9:C:># C<# ^8:>=# A69# 4#^H:>#PF;<9<>#@678B7g:7#>B<7C6##C<#F7:#S69P:##89:7>7:@B67:H# C<>C<#>F>#A:?><>#C<#69BI<7=#:#89:KZ>#C:>#:#>F>#S:PBHB:>Q_#DAQ#Vc[NQ#
'H#<9969#L6#H:#89<8:L#C<#6#<7#9B8F:@BJ7#C<#KFH7<9:MBHBC:C#H6#<7@6789:P6>#8:PMBZ7#<7#
<9<>#TFP:76>#@67#SB7<>#C<#A:G:=#:A96M:C6#A69#<;6#C<#+B7B>896>#<#:>FP<#H:#C<#>8:#AFIH6>:9><#<7#89<>#4#H:>#:@@B67<>#D@:A8:@BJ7=#
89:7>A698#P#4#^:P<7:R:=#SF<9R:=#<7I:G6=#:MF>6#C<#A6L C<9=#KFH7<9:MBHBC:C=#A:I6#6#96M9<#H:#K?@8BP:Q_#DAQ#XNQ#
2<9@j8<><#<#P:78B<7<#6#<7#9<#T:#>FA9BPBC6#@67#9<>A<@86#:# H:#^KFH7<9:MBHBC:C_Q#2<96=#@6P6#T#KB>86=#H:#^KFH7<9:MBHBC:C_#76#<>#A69#>?#F76#C<#H6>#P#B7@HFBC6>#<7#H:# C8:#T:MH:#C<#:MF>6#C<#>B8F:@B67<>#C<#KFH7<9:MBHBC:CQ#'H#P#6#DC<#A6C<9#6#C<#F7:# >B8F:@BJ7#C<#KFH7<9:MBHBC:CN=#76#H:#KFH7<9:MBHBC:C#<7#>?#D@6P6#8:PA6@6#H6#><9?:#?NQ#
07896CF@BC6#<=#@6P6#><#T:@<#<7#BI7BSBL @:8BK6_`# C<# H:># PF;<9<># # OF<# <;<9@<7# H:# A96>8B8F@BJ7# <7# H6># H6@:H<># C<# A96>8B8F@BJ7# DAB>6>=# >:F7:>=# @HFM<>kN#C<#'>A:G:#<>8j7#^<7#P:76>#C<#9#C<#89:8:#C<#><9<>#TFP:76>_#DAQ#mNQ#
`#&<>P<78BC:#A69#:@8BK:#E#A69#A:>BK:#H:#8<7@B:#C<#F7#m\Y#C<#A96>8B8F8:>#K?@8BP:>#C<#89:8:=#H:#C6IPj8B@:#:M6HB@B67B>8:#@:PMB:#C<#89<8:# D:F7OF<#76#C<#:@8B8FC4#H:#C<>T67<>8BC:C#B78P<78BC6#:#C<#H:#S:H<7@B:#:#H:#BPA9<@B>BJ7#D^A69@<7L 8:;<#PFE#>BI7BSB@:8BK6_NQ#
!67#689:;<;9=;7>67#>6?8;@=#ABC6<;E=#FB#GC:=BA68;:;F6FH#I6A6#=BJ6A#:6#BK;7>B=<;6#FB#G9:C=>6A;BF6F#
B=#B:#AB;>C<;E=#B#;=G6:;F6A#:6#:BJ6:;L6<;E=#FB#@7>6M#NB6?97#C=#BOB?I:9#FB#B::9M#
(BJP=#!;B=67#QRSST4#USVUWXY#B:#ZB;V
>C<;E=# I6A>;B7B=# FB# C=6# D<;A6=<;6# FB# JA6=# GC:=BA68;:;F6FHY# <9?9# :6# FB# G;G;A# D7;>C6<;9=B7# ^6?;:;6AB7# <9=#
JA6GB7# =B;>C<;E=# =9# Z6\6# 7;F9# :;8AB# QD=9# >;B=B=# 9>A6#
B:B<<;E=HXY#7;=9#D<9=>A6#7C#G9:C=>6FHY##I9A#B::9#DB7#C=6#^6:6<;6#Z68:6A#FB#:6#:;8BA>6F#FB#B:B<<;E=#B=#AB:6<;E=#6:#
<9?BA<;9#7BKC6:HM#_#B7>9#B7#I6A6#:6#6C>9A6#A6LE=#I6A6#=9#:BJ6:;L6A#:6#IA97>;>C<;E=M#.9?9#D^6<>9AB7#[CB#BKI:;<6=#
:6#GC:=BA68;:;F6F#FB#:67#?COBAB7#[CB#B=>A6=#B=#B:#?C=F9#FB#:6#IA97>;>C<;E=H#7B`6:6Y#B=>AB#9>A97Y#:97#7;JC;B=>B74#
:6# I98ABL6Y# :6# ^6:>6# FB# ^9A?6<;E=Y# :6# IAB<6A;BF6F# :689A6:Y# :6# <6AB=<;6# FB# 6I9\97# ;=7>;>C<;9=6:B7Y# :67# <6AJ67#
^6?;:;6AB7#Q!;B=67Y#RSST4#aSVaWXM#
!6# 7CIAB7;E=# FB:# 68C79# B=# AB:6<;E=# 6# :6# 7;>C6<;E=# FB# GC:=BA68;:;F6F# # :97# A6L9=6?;B=>97# [CB# FB# B7B# ?9F9# B7JA;?B=#?B#I6ABB=;8:B7##?C#;<68:B7M#
'=#IA;?BA#:CJ6AY#F;9A>;A6>6# FB:#2A9>9<9:9Y#B=#:6#[CBY#<9?9#ZB?97#G;7>9##ICBFB#<9?IA986A7BY#B:#AB[C;7;>9#FB:#68C79#6I6ABB#:67#689:;<;9=;7>67#98G;6=Y#7C7IB=F;B=V F9#7;B?IAB#7C7#6AJC?B=>6<;9=B7#6#:67#ICBA>67#FB#B::67M#
(;#I6A6#[CB#Z6\6#>A6>6#867>6#<9=#:6#BK;7>B=<;6#FB#C=6#7;>C6<;E=#FB#GC:=BA68;:;F6F#QI98ABL6Y#FB7B?I:B9Y#;AABV JC:6A;F6F#6F?;=;7>A6>;G6XY#B=>9=9A;9#FB#C=6#IBA79=6#B=#B76#7;>C6<;E=#QI9A#BOB?V I:9Y#<9=#=BB#6C>9?b>;<6?B=>B#B=#C=6#7;>C6<;E=#FB#>A6>6c#:6#JA6=#?6\9A]6#FB#;=?;JA6=>B7#Q>A686OB=#B=#:6#6<>;G;F6F# [CB#>A686OB=Y#:6#IA97>;>C<;E=Y#B:#7BAG;<;9#F9?@7>;<9Y#:6#6JA;CA6#9#B:#<9?BA<;9X#7B#>9A=6=#;I79#^6<>9#B=#G]<>;?67# FB#>A6>6Y#6C=[CB#:6#?;JA6<;E=#7B#AB6:;B#<9=>A6>6<;9=B7#9^;<;6:B7c#A6V >;7>6#FB#B76#IBA79=6#GC:=BA68:B#7B#<9=G;BA>B#B=#C=#>A6>6=>B#FB#IBA79=67Y#6C=[CB#7C#<9=>A6>6<;E=#7B6#B7>A;6?B=>B#:BJ6:M#'=#FB^;=;>;G6Y#>9F97#9#:6#JA6=#?6\9A]6#FB#:97#IA99A;97#[CBF6=#A6>6# # >9F97# :97# 6<>9AB7# [CB# :97# ^6<;:;>6=# QIAB7>6?;7>67Y# <9=>A6>;7>67X# [CBF6=# A6>6M#
Ǥ
':#B?IB`9#FB#:67#689:;<;9=;7>67#6<>C6:B7#I9A#G;=A;<68:B?B=>B#IA97>;>C<;E=##>A6>6#?BF;6=>B#:6#FB^;=;V <;E=#FB#@7>6#B=#^C=<;E=#FB#:6#BK;7>B=<;6#FB#C=6#D7;>C6<;E=#FB#GC:=BA68;:;F6FHY#689<6#6#<9=<:C7;9=B7#687CAF67c# <68A]6Y#;=<:C79Y#FB<;A#[CB#<9=7>;>C\B#C=6#D:EJ;<6#FB:#FB:;A;9H#QB=#B:#7B=>;F9#[CB#%B?9#d9FB;Y#RSSR#<9=^;BAB#6# B7>6#BKIAB7;E=XM#"FB?b7Y#^6<;:;>6#:6#9A;97##FB#:67#IBA79=67#FB#C=#?9F9#C# 9>A9#;?I:;<6F67#B=#B::97M#
26A6#BG;>6A#FBA;G67#<9=C6:B7#>6=#;=797>B=;8:B7##=B^67>67Y#CAJB#AB>9?6A#B:#7;J=;^;<6F9#?b7#B7>A;<>9##IAB<;V 79#[CB#F;A6>6#>B=]6#6=>B7#FB#[CB#^CB7B#79?B>;F6#I9A#B:#?9G;?;B=>9#689:;<;9=;7>6Y#6#I6A>;A#FB:# .9?;>@#FB#BKIBA>97#FB#,6<;9=B7#*=;F67Y#6#FB7G;A>C6<;9=B7##6?I:;6<;9=B7#>BAJ;GBA76F9A67#FB#7C#7B=>;F9M#'=# B7>6#:]=B6Y#?B#I6AB;G6##6FBA6>6#IA9ICB7>6#I9A#:6#9AJ6=;L6<;E=# e:986:#%;JZ>7#QRSSf4#gX4#
B:#AB<:C>6?;B=>9Y#B:#>A6=7I9A>BY#:6#>A6=7^BAB=<;6Y#6<9J;F6#9#B:#AB<;89#FB#IBA79=67Y#I9A#A686O9#9#7BAG;<;97# ^9AL6F97Y#:6#B7<:6G;>CF#9#IAb<>;<67#7;?;:6AB7#6#:6#B7<:6G;>CFY#:6#7BAG;FC?8AB#9#:6#AB?9<;E=#FB#EAJ6=97M#
'7>6#FB^;=;<;E=#7CIA;?B#:97#>@A?;=97#;=FB^;=;F97##6?8;JC97#[CB#;=<:C\B#:6#FB^;=;<;E=#FB:#2A9>9<9:9#FB#,6<;9=B7# *=;F67Y##A6#:6#=9<;E=#FB#>A6>6#B=#B:#IA9A9#I6A6#79?B>BA:67#6# >A686O9#^9AL979Y#6#B7<:6G;>CFM#
####################################################### a#'=#?CA97#F997#FB#<6Ab<>BA#OCA]F;<9#;?I9A>6=>B7#AB:6<;9=6F97#<9=#B:#>B?6#B:#AB[C;7;>9#FB:#68C79#6I6ABBA6F6M#+B#:;?;>9#6#<;>6A#>AB7#FB#B::97#Q:67#@A?;=9#79=#?]67XM#':#26A:6?B=>9#'CA9IB9Y#B=#7C#AB79:C<;E=#FB:#Wh#FB# B=BA9#FB#WaaT#798AB#:6#>A6>6#FB#7BAB7#ZC?6=97Y#;=<:C]6#<9?9#>A6>6#:6#BKI:9>6<;E=#[CB#7B#IA9FC<]6#D68C76=F9#FB#C=6#7;>C6<;E=#FB#GC:=BV A68;:;F6FHM#(BJP=#:6#&B<;7;E=#+6A<9#FB:#.9=7BO9#FB#:6#*=;E=#'CA9IB6Y#FB#Wa#FB#OC:;9#FB#RSSRY#:6#>A6>6#;?I:;<6#DIAb<>;<67#M#B=#+6V [CBF6Y# RSSg4# iSSXM# ':# 6A>];J6# 6# [C;B=B7# <9?B>6=# DBKI:9>6<;E=# 7BKC6:# B?I:B6=F9# G;9:B=<;6Y# ;=>;?;F6<;E=#9#B=J6`9Y#9#68C76=F9#FB#C=6#7;>C6<;E=#FB#7CIBA;9A;F6F#9#FB#=B;?6MH#
