Buscar

silva-fp-dr-rcla

Prévia do material em texto

!
!
!
!
!"#$%&'#()(%*%'+)(!),*-)!,#'+)*
*./0123*45*657892:;*<21=3>*
*
#?7:2:9:3*45*@53A2B?A2;7*5*C2B?A2;7*%D;:;7*
*
C;EF97*45*&23*C1;G3*
!
@%H,H@#)*(%*'!I'!-%&<JC#%*%*
K#(&H%'+&)+#@&)<#)*(H*@&!-H*I)!&!**
"H*%'+)(H*(%*'LH*-)!,H*
!
!
<1;M23*45*-;91;*5*'21M;*
!
!
HG25?:;43GN*-G3OP*(GP*C=;?Q*K9?Q*R2;?Q*
!
!
+575*45*(39:3G;43*
C9G73*45*-S7T@G;49;UV3*5E*@53A2B?A2;7*
WG5;*45*C3?A5?:G;UV3*5E*@5313Q2;*&5Q23?;1*
!
!
&23*C1;G3*X'-Y*
Z[[\*
!
 
 
 
 
 
 
 
 
 
 
551.49 Silva, Flavio de Paula e 
S586g Geologia de subsuperfície e hidroestratigrafia do Grupo 
Bauru no estado de São Paulo / Flavio de Paula e Silva. – 
Rio Claro : [s.n.], 2003 
166 f. : il., gráfs., tabs. + CD-ROM 
 
Tese (doutorado) – Universidade Estadual Paulista, Instituto 
de Geociências e Ciências Exatas 
Orientador: Chang Hung Kiang 
 
1. Águas subterrâneas. 2. Estratigrafia. 3. Hidrogeologia. 4. 
Aqüífero. I. Título. 
 Fichas catalográficas elaborada pela STATI – Biblioteca UNESP 
 Campus de Rio Claro/SP 
 
 
 
 
 
 
 
UNIVERSIDADE ESTADUAL PAULISTA 
 “Júlio de Mesquita Filho” 
Instituto de Geociências e Ciências Exatas 
Campus de Rio Claro 
 
 
GEOLOGIA DE SUBSUPERFÍCIE E HIDROESTRATIGRAFIA DO 
GRUPO BAURU 
NO ESTADO DE SÃO PAULO 
 
Flavio de Paula e Silva 
 
Orientador: Prof. Dr. Chang Hung Kiang 
 
 
Tese de Doutorado 
Curso de Pós-Graduação em Geociências 
Área de Concentração em Geologia Regional 
 
 
COMISSÃO JULGADORA 
 
 
Presidente Prof. Dr. Chang Hung Kiang 
Prof. Dr. Osmar Sinelli 
Prof. Dr. Uriel Duarte 
Prof. Dr. Cláudio Riccomini 
Examinadores 
Prof. Dr. João Carlos Dourado 
 
 
Rio Claro, 2003 
"!
!"#$"%&%'($)"*%+,%-%.//0%1%!"#$#%&'()"(*+,*+-"./01&"("((2&).#"*3.'3&%.'/&'()#(!.+-#(4'+.+("5((67#(8'+$#9(
(
(
!
*
*
*
(%(#C)+]&#)*
!
!
!
:")&1#(
;*3"(3.','$2#((
<(5&=2'("*-#*'>(6#$'=%">(
?#*(5"+*(/&$2#*>(?='(4"'3.&@("(A$'B&#>(
?#*(5"+*(-'&*>(C'D("(;$D9(
8"$#('5#.(&=1#=)&1&#='$>(
8"$'(5#3&B'E7#(=#*(5#5"=3#*()"()"*F=&5#>(
8"$#('-#&#(='*(2#.'*()&/01"&*>(
8"$'('$"%.&'()"("*3'.5#*(G+=3#*>(*"5-."999(
(
(
(
!
!
!
!
!
HI&B".()"B".&'(*".(J('3K(#(L$3&5#(-"=*'5"=3#("(#()"..')"&.#(#$2'.(J(3.'=*/#.5'.M*"9N(
!
""!
!"#$"%&%'($)"*%+,%-%.//0%1%!"#$#%&'()"(*+,*+-"./01&"("((2&).#"*3.'3&%.'/&'()#(!.+-#(4'+.+("5((67#(8'+$#9(
(
(
*
)@&)(%C#6%"+H'*
!
#!$%&'(!$)($*+,+-!
!
• ! .!/'01$23"$! *+! 4$2+$0+2&'! 567",'! *'! 87&$*'! *+! 49'! :$%;'! <! 4=584:>! 1+;$!
)+2&";! ,+779'! *'7! (+;$&?("'7! +! 1+(@"7! *+! 1'A'7>! +71+,"$;0+2&+! $'7! )+?;')'7! B'9'!
/$(;'7! 4"0$2C+! *+! 4'%D$>! /E7$(! 5"$2,3"! F+&'! +! G+(2$2*'!H";;"! 5$7&'7! G($2,'!
G";3'>!1+;'!,'01$23+"("70'!+!$0"D$*+!I%+!&J0!2'(&+$*'!+7&+!(+;$,"'2$0+2&'K!
• ! ='!L+1$(&$0+2&'!*+!M)%$7!+!82+()"$!8;E&(",$!*'!87&$*'!*+!49'!:$%;'!<!L=88>!
N+)"'2$;! *+! =($($I%$($>! 1'(! 1+(0"&"(! '! $,+77'! $'! O$2,'! *+! *$*'7! *+! 1'A'7! *$!
"27&"&%"A9'K! =)($*+,"0+2&'7! +71+,"$"7! $'7! $0")'7! :$%;'! /E7$(! G+((+"($! P%"D! +!
F'(O+(&'!*+!:$%;$!+!4";Q$>!1+;'!$%RS;"'!+!,''1+($A9'K!
• ! .! TU*(';')! <! 4+(Q"A'7! *+! :+(@";$)+0>! 2$! 1+77'$! *'! ,'01$23+"('! 82)+23+"('!
G+(2$2*'!/'2&+>!1+;$!"2+7&"06Q+;!,';$O'($A9'!+!+27"2$0+2&'7>! 7+0!'7!I%$"7!+7&+!
&($O$;3'!29'!&+("$!7+!0$&+("$;"D$*'K!
• ! .! T"*(')+'! :'A'7! =(&+7"$2'7>! 2$! 1+77'$! *'! )+?;')'! H$2*+(;+U! V'0$"2+!
W'2&+"('>!1+;$!"2@'(0$AX+7!*+!1'A'7!&%O%;$(+7!1('@%2*'7!,'27&$2&+7!*'7!$(I%"Q'7!
*$!+01(+7$K!
• ! ='7!,';+)$7!)+?;')'7!*'!P$O'($&?("'!*+!=26;"7+!*+!5$,"$7!<!P85=/>!*$!Y2+71!*+!
N"'!/;$('>!:('@K!L(K!W6("'!P%S7!=77"2+>!L(K!G;6Q"'!P%S7!G+(2$2*+7>!L(K!=;+R$2*(+!
/$01$2+!Z"*$;>!G+(2$2*'!4$2&'7!/'((J$!+!B[;"'!4+&7%'!V"2+2>!1+;$7!*"7,%77X+7!+!
7%)+7&X+7!$1(+7+2&$*$7!"2@'(0$;0+2&+K!
• ! .!L$)0$(!/$(2"+(! F+&'>! 1+;'!*+7+2Q';Q"0+2&'!*'! 7'@&\$(+!*+! $26;"7+! *+!1+(@"7!
)+'@S7",'7>!*+2'0"2$*'!*+!!]=2$;')^K!
• ! ='7! 1('@+77'(+7! *'%&'(+7>! B'+;! /$(2+"('! *+! /$7&('! +! L"0$7! L"$7_5("&'>! 1+;$!
'1'(&%2"*$*+!,'2,+*"*$!2$!1%O;",$A9'!*'7!&($O$;3'7!1"'2+"('7!I%+!*+($0!'(")+0!$!
+7&$!&+7+K!
• ! .! :('@`K! L(`K! W$("$! N"&$! /$+&$2'_/3$2)>! 1+;$7! 7%)+7&X+7! +! $26;"7+! ,(S&",$! *$!
0"2%&$!*+7&$!&+7+K!
"""!
!"#$"%&%'($)"*%+,%-%.//0%1%!"#$#%&'()"(*+,*+-"./01&"("((2&).#"*3.'3&%.'/&'()#(!.+-#(4'+.+("5((67#(8'+$#9(
(
(
• ! ='! :('@K! L(K! /3$2)! T%2)! a"$2)>! 1+;$! *+*",$A9'! +! "2,$276Q+;! +7&S0%;'! 2$!
'("+2&$A9'!*+7&$!1+7I%"7$K!
• ! .! &'*'7! '7! $%&'(+7! 0+2,"'2$*'7! 2'! *+,'((+(! *+7&$! +R1'7"A9'! I%+>! ,'0! )($2*+!
,'01+&J2,"$! +! *+*",$A9'>! ,'2&("O%S($0! 1$($! $! *"Q%;)$A9'! *'! ,'23+,"0+2&'!
,"+2&S@",'!$1;",$*'!2+7&$!&+7+K!
!
"Q!
!"#$"%&%'($)"*%+,%-%.//0%1%!"#$#%&'()"(*+,*+-"./01&"("((2&).#"*3.'3&%.'/&'()#(!.+-#(4'+.+("5((67#(8'+$#9(
(
(
!
*
&%'!6H*
!
87&%*'7!%&";"D$2*'!1+(@"7!)+'@S7",'7!+!*$*'7!*+!1'A'7!1+(0"&"($0!+7&$O+;+,+(!'!$(,$O'%A'!
+7&($&")(6@",'!+!3"*('+7&($&")(6@",'>!*+!7%O7%1+(@S,"+>!*$7!(',3$7!0+7'D?",$7!*'!b(%1'!5$%(%>!
*$!5$,"$!*'!:$($26>!+0!49'!:$%;'K!L%$7!7%1+(@S,"+7!*+!*"7,'(*c2,"$!(+)"'2$"7>!4d!+!4e>!*+!
,$(6&+(!,('2'+7&($&")(6@",'>!@'($0!"*+2&"@",$*$7>!,'27&"&%"2*'_7+!+0!+R,+;+2&+7!3'("D'2&+7_)%"$!
1$($! *"7&"2A9'! +! *+;"0"&$A9'! *+! %2"*$*+7! )+'@S7",$7>! ,'((+71'2*+2&+7! f7! %2"*$*+7!
;"&'+7&($&")(6@",$7! @'(0$"7K! =! 1("0+"($! *+;"0"&$! '7! +7&($&'7! $&("O%S*'7! f7! @'(0$AX+7! /$"%6! g!
:"($1'D"23'>!$O$"R'>!+!4$2&'!=2$7&6,"'>!$,"0$h!$!7+)%2*$!0$(,$!'!,'2&$&'!+2&(+!$!G'(0$A9'!
4$2&'!=2$7&6,"'>!$O$"R'>!+!'7!7+*"0+2&'7!*$7!@'(0$AX+7!=($A$&%O$!+!=*$0$2&"2$>!$,"0$K!#7!
,("&E("'7!*+!,'((+;$A9'!%&";"D$*'7!1+(0"&"($0!+7&$O+;+,+(!2'Q$7!(+;$AX+7!;"&'+7&($&")(6@",$7!1$($!
'! b(%1'! 5$%(%K! G'($0! "*+2&"@",$*$7! $7! @'(0$AX+7! /$"%6>! 4$2&'! =2$7&6,"'>! =($A$&%O$>!
=*$0$2&"2$! +!W$(S;"$>! +! (+,'23+,"*$7! *%$7!2'Q$7!%2"*$*+7! ;"&'+7&($&")(6@",$7>! *+2'0"2$*$7!
*+! G'(0$A9'! :"($1'D"23'! +! G'(0$A9'! 5"(")i"K! #! 7%O7&($&'! O$76;&",'! $1(+7+2&$_7+!
,'01$(&"0+2&$*'!+0!*+1(+77X+7!+!$;&'7!"2&+(2'7>!'("+2&$*'7!1(+@+(+2,"$;0+2&+!F8_4HK! !=7!
1("2,"1$"7!+7&(%&%($7!"*+2&"@",$*$7!@'($0!$7!*+1(+77X+7!*+!:(+7"*+2&+!5+(2$(*+7>!L($,+2$>!4%*!
W+2%,,">!j%+"('D!+!N"'!:(+&'>!+!'7!$;&'7!*+!V$2$O">!:+(+"($!5$((+&'!+!:$($)%$A%!:$%;"7&$K!!=!
+Q';%A9'!*$!7+*"0+2&$A9'!*'!b(%1'!5$%(%!@'"!0$(,$*$!1+;'!,'2&(';+!&+,&k2",'!*'!7%O7&($&'!
2$!;',$;"D$A9'!+!0")($A9'!*'7!*+1',+2&('7>!+!1+;$!$&%$A9'!+R1(+77"Q$!*$!+('79'K!!!
!
!
!
Q!
!"#$"%&%'($)"*%+,%-%.//0%1%!"#$#%&'()"(*+,*+-"./01&"("((2&).#"*3.'3&%.'/&'()#(!.+-#(4'+.+("5((67#(8'+$#9(
(
(
!
)I'+&)C+*
!
4%O7%(@$,+!7&%*"+7!%7"2)!)+'13U7",$;! ;')7!$2*!\+;;!*$&$!'O&$"2+*!@('0!\$&+(!\+;;7!\+(+!
@%2*$0+2&$;! "2! *+@"2"2)! 7&($&")($13",! $2*! 3U*('7&($&")($13",! @($0+\'(C7! '@! ! &3+!W+7'D'",!
5$%(%! b('%1! 7+*"0+2&$(U! %2"&7! '@! :$($26! 5$7"2>! "2! &3+! 4&$&+! '@! 49'! :$%;'K! l2! &3+! 1(+7+2&!
7&%*U! &\'! "01'(&$2&! (+)"'2$;! %2,'2@'(0"&U! 7%(@$,+7! \+(+! "*+2&"@"+*! <! ! 4d! $2*! 4e! <!
,'27&"&%&"2)! +R,+;;+2&!0$(C+(7!\3",3! ,$2!O+! ,'((+;$&+*! &'! @'(0$;! ;"&'7&($&")($13",! %2"&7K! ! 4d!
7+1$($&+7! %2*+(;U"2)! /$"%6! $2*! :"($1'D"23'! @'(0$&"'27! @('0! 'Q+(;U"2)! 4$2&'! =2$7&6,"'!
G'(0$&"'2K! 4e! 7%(@$,+! "7! ,'"2,"*+2&! \"&3! &3+! ,'2&$,&! O+&\++2! %2*+(;U"2)! 4$2&'! =2$7&6,"'!
G'(0$&"'2!$2*!'Q+(;U"2)!=($A$&%O$!$2*!=*$0$2&"2$!@'(0$&"'27K!!F+\! ;"&3'7&($&")($13",!
(+;$&"'273"17! @'(! &3+! 5$%(%! b('%1! \+(+! 'O&$"2+*! $11;U"2)! ,'((+;$&"'2! $2*! "2&+(1(+&$&"'2!
,("&+("$! O$7+*! %1'2! (+)"'2$;! %2,'2@'(0"&U! 7%(@$,+7K! /$"%6>! 4$2&'! =2$7&6,"'>! =($A$&%O$>!
=*$0$2&"2$! $2*!W$(S;"$! @'(0$&"'27! \+(+! (+,')2"D+*! "2! 7%O7%(@$,+! "2! $**"&"'2! &'! &\'! 2+\!
@'(0$&"'27!2$0+*!:"($1'D"23'!$2*!5"(")%"K!V3+! O$7$;&",! 7%O7&($&+! "7! 7+)0+2&+*! 73'\"2)! $!
1('0"2+2&! 3")3>! '("+2&+*! F8_4H>! 7+1$($&"2)! &\'!0$m'(! O$7"2$;! ;'\7K! V3+!0$m'(! 7&(%,&%($;!
@+$&%(+7! "*+2&"@"+*! $(+!:(+7"*+2&+!5+(2$(*+7>!L($,+2$>!4%*!W+2%,,">!j%+"('D! $2*!N"'!:(+&'!
*+1(+77"'27!$2*!V$2$O">!:+(+"($!5$((+&'!$2*!:$($)%$A%!:$%;"7&$!3")37K!! V3+! 7+*"0+2&$(U!
+Q';%&"'2! '@! 5$%(%! b('%1! "7! 0$(C+*! OU! &3+! 7&(%,&%($;! ,'2&(';! '@!O$7$;&",! 7%O7&($&+! '@!
*+1',+2&+(7!$2*!OU!Q+(U!$,&"Q+!+('7"'2K!
!
Q"!
!"#$"%&%'($)"*%+,%-%.//0%1%!"#$#%&'()"(*+,*+-"./01&"("((2&).#"*3.'3&%.'/&'()#(!.+-#(4'+.+("5((67#(8'+$#9(
(
(
!
J"(#C%*@%&),*
!
!
L8Ll/=VnNl= KKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKK"!
=bN=L8/lW8FV#4 KKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKK""!
N84YW#KKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKK"Q!
=54VN=/VKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKQ!
oFLl/8!b8N=PKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKQ"!
oFLl/8!L8!GlbYN=4KKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKR!
oFLl/8!L8!V=58P=4KKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKR"Q!
oFLl/8!L8!bNMGl/#4KKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKR"Q!
dK! lFVN#LYpq# KKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKd!
dKdK! b+2+($;"*$*+7KKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKd!
dKeK! #Om+&"Q'KKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKe!
dKrK! M(+$!*+!87&%*'KKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKr!
dKsK! /'2,+"&'!*+!%2"*$*+!3"*('+7&($&")(6@",$ KKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKs!
dKtK! 5$7+!*+!*$*'7KKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKu!
eK! WvV#L#4!YVlPlw=L#4 KKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKx!
eKdK! /'27"*+($AX+7!)+($"7KKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKx!
eKeK! :+(@"7!)+'@S7",'7!%&";"D$*'7!2$!1('71+,A9'!*+!6)%$!7%O&+((c2+$KKKKKKKKKKKKKKKKKKKKKKKKKKKdd!
eKeKdK! =!1+(@";$)+0!)+'@S7",$KKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKde!
eKeKdKdK! :+(@";!*+!($"'7!)$0$ KKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKds!
eKeKdKeK! :+(@";!*+!1'&+2,"$;!+71'2&c2+' KKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKdu!
eKeKdKrK! :+(@";!*+!(+7"7&"Q"*$*+KKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKdy!
eKeKdKsK! :+(@";!7k2",'!'%!$,[7&",' KKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKed!
eKeKeK! =1;",$A9'!)+';?)",$!*+!1+(@"7!)+'@S7",'7KKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKer!
rK! b8#P#bl=!L#!bNY:#!5=YNYKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKex!
rKdK! b+2+($;"*$*+7KKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKex!
rKeK! =71+,&'7!;"&'+7&($&")(6@",'7 KKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKrz!
rKrK!=71+,&'7!+7&(%&%($"7!+!&+,&k2",'7 KKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKrt!
Q""!
!"#$"%&%'($)"*%+,%-%.//0%1%!"#$#%&'()"(*+,*+-"./01&"("((2&).#"*3.'3&%.'/&'()#(!.+-#(4'+.+("5((67#(8'+$#9(
(
(
rKsK!l*$*+KKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKrx!
rKtK!=0O"+2&+7!*+1'7","'2$"7!+!+Q';%A9'!1$;+')+')(6@",$KKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKry!
sK! 84VN=VlbN=Gl=!L8!4Y54Y:8NGo/l8!L#!bNY:#!5=YNY KKKKKKKKKKKKKKKKKKKKKKKKKr{!
sKdK! V($O$;3'7!1(EQ"'7!*+!7%O7%1+(@S,"+!,'0!O$7+!+0!1+(@"7!)+'@S7",'7KKKKKKKKKKKKKKKKKKKKKKr{!
sKeK! Y2"*$*+7!;"&'+7&($&")(6@",$7!,(+&6,+$7!7%1($O$76;&",$7KKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKsz!
sKrK! /("&E("'7!*+!,'((+;$A9'!+7&($&")(6@",$ KKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKsd!
tK! =N/=5#Yp#!84VN=VlbNMGl/#!L8!4Y54Y:8NGo/l8!L#!bNY:#!5=YNYK
! KKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKsx!
tKdK! 4%1+(@S,"+7!*+!*+7,'2&"2%"*$*+!(+)"'2$"7 KKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKsx!
tKeK! #7!,'01$(&"0+2&'7!*+!,'((+;$A9'KKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKsy!
tKeKdK! /'01$(&"0+2&'!7%*'+7&+KKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKs{!
tKeKdKdK! G'(0$A9'!/$"%6 KKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKtz!
tKeKdKeK! G'(0$A9'!:"($1'D"23' KKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKts!
tKeKdKrK! G'(0$A9'!4$2&'!=2$7&6,"' KKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKtt!
tKeKdKsK! G'(0$A9'!=($A$&%O$KKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKtu!
tKeKdKtK! G'(0$A9'!=*$0$2&"2$ KKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKtu!
tKeKeK! /'01$(&"0+2&'!2'(*+7&+ KKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKty!
tKeKeKdK! G'(0$A9'!4$2&'!=2$7&6,"' KKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKty!
tKeKeKeK! G'(0$A9'!=($A$&%O$KKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKuz!
tKeKeKrK! G'(0$A9'!=*$0$2&"2$ KKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKud!
tKeKrK! /'01$(&"0+2&'!,+2&('_'("+2&$;KKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKue!
tKeKrKdK! G'(0$A9'!5"(")i" KKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKus!
tKeKrKeK! G'(0$A9'!=($A$&%O$KKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKut!
tKeKrKrK! G'(0$A9'!=*$0$2&"2$ KKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKuu!
tKeKrKsK! G'(0$A9'!W$(S;"$ KKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKux!
tKeKsK! /'01$(&"0+2&'!2'('+7&+ KKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKuy!
tKeKsKdK! G'(0$AX+7!/$"%6!+!:"($1'D"23'KKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKxz!
tKeKsKeK! G'(0$A9'!4$2&'!=2$7&6,"' KKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKxz!
tKeKsKrK! G'(0$A9'!=($A$&%O$KKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKxd!
tKeKsKsK! G'(0$A9'!=*$0$2&"2$ KKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKxe!
tKrK! #!+0O$7$0+2&'!O$76;&",'!*'!b(%1'!5$%(% KKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKxr!
tKrKdK! /'27"*+($AX+7!"2","$"7KKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKxr!
Q"""!
!"#$"%&%'($)"*%+,%-%.//0%1%!"#$#%&'()"(*+,*+-"./01&"("((2&).#"*3.'3&%.'/&'()#(!.+-#(4'+.+("5((67#(8'+$#9(
(
(
tKrKeK! /'2@")%($A9'!$&%$;!*'!7%O7&($&'!O$76;&",' KKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKxt!
tKrKeKdK! L+1(+779'!*+!:(+7"*+2&+!5+(2$(*+7 KKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKxx!
tKrKeKeK! L+1(+779'!*+!L($,+2$KKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKxy!
tKrKeKrK! L+1(+779'!*+!4%*!W+2%,," KKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKxy!
tKrKeKsK! L+1(+779'!*+!N"'!:(+&'KKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKx{!
tKrKeKtK! L+1(+779'!*+!j%+"('D KKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKx{!
tKrKeKuK! =;&'!*+!:+(+"($!5$((+&' KKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKyz!
tKrKeKxK! =;&'!*+!V$2$O"KKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKyz!tKrKeKyK! =;&'!*+!:$($)%$A%!:$%;"7&$ KKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKyz!
tKrKrK! N+;$A9'!*'!7%O7&($&'!O$76;&",'!,'0!'%&($7!+7&(%&%($7!"2@+("*$7KKKKKKKKKKKKKKKKKKKKyd!
tKsK! /'01'(&$0+2&'!(+)"'2$;!*$7!%2"*$*+7!,(+&6,+$7!7%1($O$76;&",$7 KKKKKKKKKKKKKKKKKKKKKKKKye!
tKsKdK! G'(0$AX+7!/$"%6!+!:"($1'D"23'KKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKK{z!
tKsKeK! G'(0$A9'!4$2&'!=2$7&6,"' KKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKK{r!
tKsKrK! G'(0$A9'!5"(")i" KKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKK{u!
tKsKsK! G'(0$A9'!=($A$&%O$KKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKK{u!
tKsKtK! G'(0$A9'!=*$0$2&"2$ KKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKdzz!
tKsKuK! G'(0$A9'!W$(S;"$ KKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKdze!
uK! =!48LlW8FV=pq#!L#!bNY:#!5=YNYKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKdzt!
xK! TlLN#84VN=VlbN=Gl=!L#!bNY:#!5=YNY KKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKddy!
xKdK! =71+,&'7!)+($"7!*'!,'23+,"0+2&'!7'O(+!'!=IiS@+('!5$%(% KKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKddy!
xKeK! :$(c0+&('7!*"(+&'7!*+!$Q$;"$A9'!3"*('*"2c0",$!*'7!$I%S@+('7 KKKKKKKKKKKKKKKKKKKKKKKKKKKdee!
xKeKdK! :'('7"*$*+!+@+&"Q$KKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKdee!
xKeKeK! /'2*%&"Q"*$*+!3"*(6%;",$ KKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKder!
xKeKrK! V($270"77"Q"*$*+ KKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKder!
xKeKsK! /$1$,"*$*+!+71+,S@",$KKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKdes!
xKeKtK! Z$D9'!*+!1('*%A9'KKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKdes!
xKrK! L"7,%779'!7'O(+!'7!1$(c0+&('7!3"*('*"2c0",'7!*+!$Q$;"$A9'KKKKKKKKKKKKKKKKKKKKKKKKKKKKKdes!
xKsK! L$2'!*+!@'(0$A9'KKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKdeu!
xKtK! =Q$;"$A9'!*+!$I%S@+('7!$&($QE7!*+!1+(@"7!)+'@S7",'7 KKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKdey!
xKuK! #!4"7&+0$!=IiS@+('!5$%(%KKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKdrr!
xKxK! =7!%2"*$*+7!3"*('+7&($&")(6@",$7!(+)"'2$"7!*'!4"7&+0$!=IiS@+('!5$%(%KKKKKKKKKKKKKdr{!
xKxKdK! =IiS@+('!/$"%6!g!=Ii"&$(*'!:"($1'D"23' KKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKdr{!
"R!
!"#$"%&%'($)"*%+,%-%.//0%1%!"#$#%&'()"(*+,*+-"./01&"("((2&).#"*3.'3&%.'/&'()#(!.+-#(4'+.+("5((67#(8'+$#9(
(
(
xKxKeK! =IiS@+('!4$2&'!=2$7&6,"' KKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKdsd!
xKxKrK! =IiS@+('!5"(")i"KKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKdsr!
xKxKsK! =Ii"&$(*'!=($A$&%O$KKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKdsu!
xKxKtK! =IiS@+('!=*$0$2&"2$KKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKdsu!
xKxKuK! =IiS@+('!W$(S;"$ KKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKdsy!
yK! /#F/PY4|84 KKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKdtz!
{K! N8G8N}F/l=4!5l5Pl#bNMGl/=4KKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKdtu!
dzK! =F8~#4 KKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKdux!
R!
!"#$"%&%'($)"*%+,%-%.//0%1%!"#$#%&'()"(*+,*+-"./01&"("((2&).#"*3.'3&%.'/&'()#(!.+-#(4'+.+("5((67#(8'+$#9(
(
(
!
J"(#C%*(%*<#@!&)'*
!
G")%($!d!<!W$1$!*+!;',$;"D$A9'!*$!6(+$!+7&%*$*$KKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKt!
G")%($!e!<!/'01$($A9'!+2&(+!,%(Q$7!*+!($"'7!)$0$!'O&"*$7!1'(!*"@+(+2&+7!0E&'*'7K KKKKKKKKKKKKKKKK{!
G")%($!r!<!V+;$!1("2,"1$;!*'!*#/3O'."!=2$;')K KKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKdz!
G")%($!s!<!87I%+0$!*+!'1+($A9'!*+!1+(@";$)+0!*'!&"1'!,'01%&$*'("D$*$K KKKKKKKKKKKKKKKKKKKKKKKKKKKKKdr!
G")%($!t!<!871+,&('!*+!+0"779'!*+!($"'7!)$0$!*+!0"2+($"7!($*"'$&"Q'7K KKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKds!
G")%($!u! _!N+1(+7+2&$A9'! +7I%+06&",$!*'!1'&+2,"$;! +! *"7&("O%"A9'!*$7! ,'((+2&+7! +;E&(",$7! $'!
(+*'(!*+!,$0$*$7!1+(0+6Q+"7K KKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKdx!
G")%($!x!_!=(($2m'!*+!+;+&('*'7!1$($!0+*"A9'!*+!(+7"7&"Q"*$*+7!0%;&"+;+&('*'7!+0!&+7&+0%23'!
+!+0!1'A'7KKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKd{!
G")%($!y!_!87I%+0$!7"01;"@",$*'!*+!%0!7"7&+0$!*+!*%$7!O'O"2$7!*'!1+(@";!"2*%A9'!K KKKKKKKKKKKKKez!
G")%($!{!_!87I%+0$!7"01;"@",$*'!*+!(+)"7&('!*'!1+(@";!7k2",'K KKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKee!
G")%($!dz!<!G'(0$&'7!*+!,%(Q$7!*+!($"'7!)$0$!+!1'&+2,"$;!+71'2&c2+'!O$7+$*$7!2$!Q$("$A9'!*'!
,'2&+[*'!$()";'7'K KKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKet!
G")%($! dd! _! :$*(X+7! *+! 1+(@"7! *+! Q$("$A9'! )($2%;'0E&(",$! "*+$;"D$*'7! 1$($! "2&+(1(+&$A9'!
1$;+'$0O"+2&$;K KKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKeu!
G")%($!de! _!:$*(X+7! ,$($,&+(S7&",'7! *+! @'(0$&'7!*+! ,%(Q$7!*+! ($"'7! )$0$!1$($! "2&+(1(+&$A9'!
1$;+'0O"+2&$;!K KKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKex!
G")%($!dr!<!M(+$!*+!','((J2,"$!*$7!%2"*$*+7!7%1($O$76;&",$7!,(+&6,+$7!2$!5$,"$!*'!:$($26!KKe{!
G")%($! ds! <! :('1'7&$! ,;677",$! *+! 7%O*"Q"79'! +7&($&")(6@",$! *'7! 7+*"0+2&'7! ,(+&6,+'7!!!!!!!!!!!!!!!!!!!!
7%1($O$76;&",'7K KKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKre!
G")%($!dt!<!:('1'7&$!*+!7%O*"Q"79'!+7&($&")(6@",$!*'!b(%1'!5$%(%!+;$O'($*$!1'(!5$(,+;'7!�!
4%)%"'K KKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKrr!
G")%($!du!<!N+;$AX+7!+7&($&")(6@",$7!2$!1$(&+!'("+2&$;!*$!5$,"$!5$%(%KKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKrs!
G")%($!dx!<!=(,$O'%A'!+7&(%&%($;!*$!5$,"$!*'!:$($26KKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKru!
G")%($!dy!<!W$1$!)+';?)",'!*'!b(%1'!5$%(%!2'!87&$*'!*+!49'!:$%;'!K KKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKsr!
G")%($! d{! <! /'01$($A9'! +2&(+! $! ,'((+;$A9'! ;"&'+7&($&")(6@",$! ,'0! O$7+! +0! *+7,("AX+7! *+!
&+7&+0%23'7!*+! 7'2*$)+0!+! $! ,'((+;$A9'!1('1'(,"'2$*$!1+;'7! 1+(@"7! )+'@S7",'7! 'O&"*'7!
+0!1'A'7!1+(@%($*'7!1$($!+R&($A9'!*+!6)%$KKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKst!
R"!
!"#$"%&%'($)"*%+,%-%.//0%1%!"#$#%&'()"(*+,*+-"./01&"("((2&).#"*3.'3&%.'/&'()#(!.+-#(4'+.+("5((67#(8'+$#9(
(
(
G")%($!ez!<!/'01$($A9'!+2&(+!1+(@"7!)+'@S7",'7!*+!($"'7! )$0$!+! "2*%A9'>!,'0!*+7,("A9'!*+!
&+7&+0%23'!+R&($S*'!*+!1'A'!+0!:"($1'D"23'!�4:�K KKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKsu!
G")%($!ed!<!:+(@";!*+!($"'7! )$0$!*+!1'A'!1+(@%($*'!2$!,"*$*+!*+!M;Q$(+7!W$,3$*'!�4:�>!2'!
7%*'+7&+! 1$%;"7&$>! "2*",$2*'! $7! 7%1+(@S,"+7! *+! *"7,'(*c2,"$! 4d! +! 4e! +! $7! Q$("$AX+7!
(+;$&"Q$7!*'!&+'(!*+!%0"*$*+!2$!7+*"0+2&$A9'!*'!b(%1'!5$%(%KKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKsy!
G")%($!ee!<!P',$;"D$A9'!*'7!,'01$(&"0+2&'7!+7&%*$*'7!1$($!(+,'23+,"0+2&'!+!,$($,&+("D$A9'!
*$7!%2"*$*+7!)+'@S7",$7!,'((+71'2*+2&+7!f7!%2"*$*+7!;"&'+7&($&")(6@",$7!*'!b(%1'!5$%(%K
KKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKs{!
G")%($! er! <! 4+A9'! )+';?)",$! FH_48>! +2&(+! $7! ,"*$*+7! *+! :(+7"*+2&+! Z+2,+7;$%! +! N+)+2&+!
G+"m?K KKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKtd!G")%($!es!<!4+A9'!)+';?)",$!4H_F8>!+2&(+!$7!,"*$*+7!*+!87&(+;$!*'!F'(&+!+!/$"$O%KKKKKKKKKKKKKte!
G")%($!et!<!4+A9'!)+';?)",$!4H_F8>!+2&(+!$7!;',$;"*$*+7!*+!W+2*'2A$!+!l2)67!�L"7&("&'!*+!
F'Q$!b($2$*$�KKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKt{!
G")%($!eu!_!4+A9'!)+';?)",$!FH_48>!+2&(+!$7!,"*$*+7!*+!5";$,!+!M;Q$('!*+!/$(Q$;3' KKKKKKKKKKKur!
G")%($! ex! _! 4+A9'! )+';?)",$! FH_48>! +2&(+! $7! ;',$;"*$*+7! *+! 5$2*+"($2&+7! L�#+7&+!
�W%2",S1"'!*+!4%*!W+2%,,"�!+!:';'2" KKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKu{!
G")%($! ey! <!W$1$! *+! ,'2&'(2'! +7&(%&%($;! *'! ]+0O$7$0+2&'^! O$76;&",'! *'! b(%1'! 5$%(%! 2'!
87&$*'!*+!49'!:$%;'KKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKxu!
G")%($!e{!<!:+(@";!H_8!*'! &'1'!*$! 7%1+(@S,"+! *'!O$7$;&'>! +2&(+! $! ,"*$*+!*+!5$%(%! +! '!N"'!
:$($26KKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKyr!
G")%($! rd! <! 4+A9'! )+';?)",$! FH_48>! +2&(+! $7! ,"*$*+7! *+!:(+7"*+2&+!81"&6,"'! +!8,3$1'(9>!
,(%D$2*'!$!L+1(+779'!*+!:(+7"*+2&+!5+(2$(*+7!+!'!=;&'!*+!:$($)%$A%!:$%;"7&$ KKKKKKKKKKKKKKys!
G")%($!re!<!4+A9'!)+';?)",$!FH_48>!+2&(+!$7!,"*$*+7!*+!:$2'($0$!+!YO"($m$($>!,(%D$2*'!$!
L+1(+779'!*+!L($,+2$!+!$!L+1(+779'!*+!j%+"('DK KKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKyt!
G")%($!rr!<!4+A9'!)+';?)",$!FH_48!+2&(+!$7!,"*$*+7!*+!=2*($*"2$!+!L%$(&"2$>!,(%D$2*'!$!
L+1(+779'!*+!4%*!W+2%,,">!'!=;&'!*+!V$2$O"!+!$!L+1(+779'!*+!j%+"('DK KKKKKKKKKKKKKKKKKKKKKK!yu!
G")%($! rs! <! 4+A9'! )+';?)",$! FH_48>! +2&(+! $7! ;',$;"*$*+7! *+! 5$2*+"($2&+7! L�#+7&+!
�W%2",S1"'! *+! 4%*!W+2%,,"�! +! =($($I%$($>! ,(%D$2*'! $! L+1(+779'! *+! 4%*!W+2%,,">! '!
=;&'!*+!V$2$O">!$!L+1(+779'!*+!N"'!:(+&'!+!'!7'+()%"0+2&'!;+7&+!*'!O$7$;&'KKKKKKKKKKKKKKKKKKyx!
G")%($!rt!<!4+A9'!)+';?)",$!4H_F8>!+2&(+!$7!;',$;"*$*+7!*+!:;$2$;&'!*'!4%;!�W%2",S1"'!*+!
W"($2&+!*'!:$($2$1$2+0$�!+!Z";$!=;Q+7!�W%2",S1"'!*+!/$(*'7'�>!,(%D$2*'!$!L+1(+779'!
*+!:(+7"*+2&+!5+(2$(*+7>!L+1(+779'!*+!L($,+2$!+!$!L+1(+779'!*+!4%*!W+2%,,"KK KKKKKKKKKKyy!
R""!
!"#$"%&%'($)"*%+,%-%.//0%1%!"#$#%&'()"(*+,*+-"./01&"("((2&).#"*3.'3&%.'/&'()#(!.+-#(4'+.+("5((67#(8'+$#9(
(
(
G")%($! ru! <! 4+A9'! )+';?)",$! 4H_F8>! +2&(+! $7! ;',$;"*$*+7! *+! 87&(+;$! *'! F'(&+! +! l2)67!
�W%2",S1"'!*+!F'Q$!b($2$*$�>!,(%D$2*'!$!L+1(+779'!*+!:(+7"*+2&+!5+(2$(*+7>!'!=;&'!*+!
:$($)%$A%!:$%;"7&$>! $!L+1(+779'!*+!j%+"('D! >! '! =;&'!*+! V$2$O"! +! $!L+1(+779'!*+!N"'!
:(+&'KKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKy{!
G")%($!rx!<!W$1$!*+!"7?1$,$7!1(+7+(Q$*$7!*$7!@'(0$AX+7!/$"%6!+!:"($1'D"23' KKKKKKKKKKKKKKKKKKKKK{d!
G")%($!ry<!W$1$!*+!"7?1$,$7!1(+7+(Q$*$7!*$!G'(0$A9'!4$2&'!=2$7&6,"'KKKKKKKKKKKKKKKKKKKKKKKKKKKKKKK{s!
G")%($!r{<!W$1$!*+!"7?1$,$7!1(+7+(Q$*$7!*$!G'(0$A9'!5"(")i"KKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKK{x!
G")%($!sz!<!W$1$!*+!"7?1$,$7!*$!G'(0$A9'!=($A$&%O$KKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKK{{!
G")%($!sd!<!W$1$!*+!"7?1$,$7!*$!G'(0$A9'!=*$0$2&"2$ KKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKdzd!
G")%($!se<!W$1$!*+!"7?1$,$7!*$!G'(0$A9'!W$(S;"$ KKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKdzs!
G")%($!sr!<!/'((+;$A9'! +7&($&")(6@",$! ,'0!)'3+5! 2$! 7%1+(@S,"+! *+!*"7,'(*c2,"$! 4d! �O$7+!*$!
G'(0$A9'!4$2&'!=2$7&6,"'� KKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKdzx!
G")%($!ss!<!W$1$!*+!1'(,+2&$)+0!*+!$(+"$!*$!7%,+779'!/$"%6!g!:"($1'D"23'KKKKKKKKKKKKKKKKKKKKKKKKdzy!
G")%($!st!<!/'((+;$A9'!+2&(+! *'"7! 1'A'7! 7"&%$*'7!2$! ,"*$*+!*+!49'! B'7E!*'!N"'!:(+&'>! ,'0!
)'3+5!2'!2SQ+;!*'!0$( KKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKddd!
G")%($!su!<!/'((+;$A9'!+2&(+!*'"7!1'A'7!1+(@%($*'7!2$!,"*$*+!*+!5"(")i">!,'0!)'3+5!2'!2SQ+;!
*'!0$( KKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKdde!
G")%($!sx!_!!:("2,"1$"7!+;+0+2&'7!&+,&k2",'7!*$7!O'(*$7!*$!O$,"$!5$%(% KKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKdds!
G")%($! sy! <! N$*"'$&"Q"*$*+! $2k0$;$! $1(+7+2&$*$! 1+;'7! 1+(@"7! *+! ($"'7! )$0$! *$! G'(0$A9'!
=*$0$2&"2$!2$!(+)"9'!*+!49'!B'7E!*'!N"'!:(+&' KKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKddt!
G")%($!s{!<!/'((+;$A9'!+2&(+!1+(@"7!*+!1'A'7!1+(@%($*'7!2$7!,"*$*+7!*+!:(+7"*+2&+!:(%*+2&+!+!
N+)+2&+!G+"m? KKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKddx!
G")%($!tz!<!:+(@";!";%7&($&"Q'!*'!*$2'!*+!@'(0$A9'!','((+2&+!2$7!1('R"0"*$*+7!*$!1$(+*+!*'7!
1'A'7 KKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKde{!
G")%($!td!<!N+;$A9'!+2&(+!@$&'(!*+!@'(0$A9'!�G�>!(+7"7&"Q"*$*+!*$!6)%$!*+!@'(0$A9'!�N\�!+!
*"c0+&('!*'7!)(9'7 KKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKdrd!
G")%($! te! <! /'((+;$A9'! ($"'7! )$0$! =:l! B".*+*! (+7"7&"Q"*$*+! +! ! &+01'! *+! &(c27"&'! B".*+*!
(+7"7&"Q"*$*+ KKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKdrs!
G")%($!tr!<!W$1$!*+!"7?1$,$7!+!*+!"7?;"&$7!*'7!7+*"0+2&'7!0%"&'!1+(0+6Q+"7>!0'*+($*$0+2&+!
1+(0+6Q+"7!+!"01+(0+6Q+"7!*'!b(%1'!5$%(%K KKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKdru!
G")%($!ts!<!4%O*"Q"79'!3"*('+7&($&")(6@",$!*'!4"7&+0$!=IiS@+('!5$%(%K KKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKdsz!
R"""!
!"#$"%&%'($)"*%+,%-%.//0%1%!"#$#%&'()"(*+,*+-"./01&"("((2&).#"*3.'3&%.'/&'()#(!.+-#(4'+.+("5((67#(8'+$#9(
(
(
G")%($!tt!<!W$1$!*+!"7?;"&$7!*'7!7+*"0+2&'7!1+(0+6Q+"7!+!"01+(0+6Q+"7!*$7!@'(0$AX+7!/$"%6!
+!:"($1'D"23'K KKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKdse!
G")%($!tu!_!W$1$!*+!"7?;"&$7!*'7!7+*"0+2&'7!1+(0+6Q+"7!+!"01+(0+6Q+"7!*$!G'(0$A9'!4$2&'!
=2$7&6,"'KKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKdss!
G")%($!tx!_!W$1$!*+!"7?;"&$7!*'7!7+*"0+2&'7!1+(0+6Q+"7!+!"01+(0+6Q+"7!*$!G'(0$A9'!5"(")i"K
KKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKdst!
G")%($! ty! _! W$1$! *+! "7?;"&$7! *'7! 7+*"0+2&'7! 1+(0+6Q+"7! +! "01+(0+6Q+"7! *$! G'(0$A9'!
=*$0$2&"2$K KKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKdsx!
G")%($! t{! _! W$1$! *+! "7?;"&$7! *'7! 7+*"0+2&'7! 1+(0+6Q+"7! +! "01+(0+6Q+"7! *$! G'(0$A9'!
W$(S;"$KKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKds{!
!
!
R"Q!
!"#$"%&%'($)"*%+,%-%.//0%1%!"#$#%&'()"(*+,*+-"./01&"("((2&).#"*3.'3&%.'/&'()#(!.+-#(4'+.+("5((67#(8'+$#9(
(
(
!
J"(#C%*(%*+)I%,)'*
!
V$O+;$!d_!Z$;'(+7!*+!($"'7!)$0$!=:l!*+!(+@+(J2,"$!1$($!$;)%0$7!(',3$7!K KKKKKKKKKKKKKKKKKKKKKKKKKKKKKKdt!
V$O+;$! e! _! Z$;'(+7! *+! &+01'! *+! &(c27"&'! +! Q+;',"*$*+! 7k2",$! 'O&"*'7! +0! ;$O'($&?("'! 1'(!
,'01$23"$7!*+!1+(@";$)+0 KKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKer!
V$O+;$! r! <! /$($,&+("D$A9'! *$7! %2"*$*+7! ;"&'+7&($&")(6@",$7! ,'27$)($*$7! *'! b(%1'! 5$%(%! +!
,'27"*+($*$7!2+7&$!1+7I%"7$KKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKse!
V$O+;$! s! <! Z$("$AX+7! *'! 2SQ+;! 1"+D'0E&(",'! *'! =IiS@+('! 4$2&'! =2$7&6,"'>! 2$! (+)"9'! *+!
:(+7"*+2&+!:(%*+2&+KKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKdry!
!
!
!
J"(#C%*(%*@&W<#CH'*
*
b(6@",'!d!_!/'01$($A9'!+2&(+!'!2[0+('!*+!0%2",S1"'7!I%+!7+!%&";"D$0!*+!6)%$!7%1+(@","$;!+!7%O&+((c2+$!1$($! $O$7&+,"0+2&'!1[O;",'!2'!87&$*'!*+!49'!:$%;'! +! +2&(+! '7!0%2",S1"'7!
I%+! 7+! %&";"D$0>! 1$(,"$;! '%! "2&+)($;0+2&+>! *+! 6)%$! 7%O&+((c2+$! *'! 4"7&+0$! =IiS@+('!
5$%(%KKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKe!
b(6@",'! e! <! N+;$A9'! +2&(+! '! 2[0+('! *+! 1+(@"7! ,'2Q+2,"'2$"7! +! ,$;"O($*'7>! %&";"D$*'7! 2$!
1+7I%"7$KKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKx!
b(6@",'! r! <! 87&"0$&"Q$! *'! Q';%0+! *+! (',3$7! *'! b(%1'! 5$%(%>! *+! $,'(*'! ,'0! $!
1+(0+$O";"*$*+!$1$(+2&+!+7&"0$*$!$&($QE7!*'7!1+(@"7!)+'@S7",'7K KKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKdrx!
b(6@",'!s!<!87&"0$&"Q$!*'!Q';%0+!*+!6)%$!$(0$D+2$*'!2$7!(',3$7!*'!b(%1'!5$%(%>!*+!$,'(*'!
,'0!$!1+(0+$O";"*$*+!$1$(+2&+!+7&"0$*$!$&($QE7!*'7!1+(@"7!)+'@S7",'7K KKKKKKKKKKKKKKKKKKKKKKKKdrx!
!
!
d!
!"#$"%&%'($)"*%+,%-%.//0%1%!"#$#%&'()"(*+,*+-"./01&"("((2&).#"*3.'3&%.'/&'()#(!.+-#(4'+.+("5((67#(8'+$#9(
(
(
^P! #"+&H(!_LH*
^P^P!@5?5G;124;457*
=!6(+$!*+!$@;'($0+2&'!*$7!%2"*$*+7!7%1($O$76;&",$7!,(+&6,+$7!2'!87&$*'!*+!49'!:$%;'!E!*+!
,+(,$!*+!ddxKzzz!C0�!�:;$2'!87&$*%$;!*+!N+,%(7'7!TS*(",'7>!L=88>!d{{z�>!,'((+71'2*+2&+!$!
sx�!*'!&+(("&?("'!1$%;"7&$>!+!$O($2)+!+0!7+%!*'0S2"'!"01'(&$2&+7!,"*$*+7!,'0'!49'!B'7E!*'!
N"'! :(+&'>! =($A$&%O$>! =($($I%$($>! Z'&%1'($2)$>! :(+7"*+2&+! :(%*+2&+>!W$(S;"$>! V%19>! P"27>!
5$%(%>!L($,+2$>!=2*($*"2$>!G+(2$2*?1';"7>!+&,K!!F+7&$7!+!2$7!*+0$"7!,"*$*+7!,"(,%27,("&$7>!$!
6)%$! 7%O&+((c2+$>! $(0$D+2$*$!2'7! 7+*"0+2&'7!*'! b(%1'!5$%(%! +! +R&($S*$! $&($QE7! *+!1'A'7!
&%O%;$(+7>! (+1(+7+2&$! $! @'2&+! 1("2,"1$;! '%! $;&+(2$&"Q$!*+!'O&+2A9'!*+! (+,%(7'7!3S*(",'7>! 7+m$!
1$($! $O$7&+,"0+2&'! 1[O;",'>! "2*%7&("$;>! ,'0+(,"$;>! (%($;! '%! *'0E7&",'>! 7%7&+2&$2*'! '!
*+7+2Q';Q"0+2&'! +,'2k0",'! (+)"'2$;! +! $! I%$;"*$*+! *+! Q"*$! *$7! 1'1%;$AX+7! I%+! *+;$! 7+!
%&";"D$0K!!L'7!ust!0%2",S1"'7!*'!87&$*'!*+!49'!:$%;'>!sue!�xd>u��!79'!$O$7&+,"*'7>!1$(,"$;!
'%! "2&+)($;0+2&+>! 1'(! 6)%$! 7%O&+((c2+$! *'7! *"Q+(7'7! $IiS@+('7! +R"7&+2&+7K! L+7&+7>! esz!
0%2",S1"'7! �t{>d��! ,$1&$0!6)%$!*'!4"7&+0$!=IiS@+('!5$%(%>! 7+2*'!I%+! +0!edz! �yx>t��!'!
$O$7&+,"0+2&'!E!"2&+)($;0+2&+!@+"&'!1'(!6)%$!7%O&+((c2+$!�b(6@",'!d��/8V845>!d{{x�K!
:+;'!@$&'!*+!+7&$(!&'&$;0+2&+!$@;'($2&+!+0!&+(("&?("'!1$%;"7&$>!+7&+!$IiS@+('!1'*+!@$,";0+2&+!
7+(!$,+77$*'!1'(!+7,$Q$AX+7!+!1+(@%($AX+7!*+!O$"R'!,%7&'>!@'(2+,+2*'>!!2$!0$"'("$!*'7!,$7'7>!
$! Q$D9'! *+7+m$*$! 1+;'7! %7%6("'7K! ! :+;$! 0+70$! ($D9'>! &+0_7+! 0'7&($*'! +R&(+0$0+2&+!
Q%;2+(6Q+;!f!"2@";&($A9'!*+!,'2&$0"2$2&+7!'()c2",'7!+!"2'()c2",'7!�L=88>!d{xu>!d{x{�K!
=7!Q$DX+7!'O&"*$7!+0!1+(@%($AX+7!2'!4"7&+0$!=IiS@+('!5$%(%!79'!+R&(+0$0+2&+!Q$("6Q+"7!
+0!Q"(&%*+!*+! 7%$! (+,'23+,"*$!*"Q+(7"*$*+! ;"&'@$,"';?)",$>! I%+! ,';',$! +0!,'2&$&'>! ;$&+($;! +!
Q+(&",$;>! 7+*"0+2&'7! ,'0! *"@+(+2&+7! ,$($,&+(S7&",$7! *+! 1'('7"*$*+! +! 1+(0+$O";"*$*+K! =!
%&";"D$A9'!*$!+R1(+779'!�=IiS@+('!5$%(%�>!*'!1'2&'!*+!Q"7&$!*+!Z"+"($!�d{yd�>!2+0!7+01(+!E!
$*+I%$*$>!m6!I%+!+0!0%"&$7!*+!7%$7!1'(AX+7!+77+!7"7&+0$!(+1(+7+2&$!0$"7!*+!%0!$IiS@+('!'%!
$%&J2&",'7!$Ii",;%*+7K!
=! I%$;"*$*+! 1(+,6("$! *$7! "2@'(0$AX+7! +R&($S*$7! *'7! (+;$&?("'7! *+! 1+(@%($A9'! *+! 1'A'7!
7+01(+!7+!,'27&"&%"%!+0!'O7&6,%;'!f!"*+2&"@",$A9'!+!f!*+;"0"&$A9'!*$7!*"Q+(7$7!D'2$7!$IiS@+($7!
*'! 4"7&+0$! 5$%(%>! *"@",%;&$2*'! '! +7&$O+;+,"0+2&'! *+! %0$! ,'((+;$A9'! +2&(+! '7! $71+,&'7!
;"&'+7&($&")(6@",'7! +! '! 7+%!1'&+2,"$;! 3S*(",'K!877$!1(+',%1$A9'! m6! 3$Q"$! 7"*'!0$2"@+7&$*$!36!
0%"&'! 1+;'! L=88! �d{xu�>! I%$2*'! *'7! 87&%*'7! *+! M)%$7! 4%O&+((c2+$7! 2$7! N+)"X+7!
=*0"2"7&($&"Q$7! x>! y! +! {>! $'! $*0"&"(! I%+!'! ,'23+,"0+2&'!3"*(')+';?)",'!*$I%+;+!0'0+2&'!
e!
!"#$"%&%'($)"*%+,%-%.//0%1%!"#$#%&'()"(*+,*+-"./01&"("((2&).#"*3.'3&%.'/&'()#(!.+-#(4'+.+("5((67#(8'+$#9(
(
(
]29'!1+(0"&"$!%0$!*+0$(,$A9'!,;$($!*$7!(+)"X+7!0$"7!1+(0+6Q+"7!+!2+23%0$!,'((+;$A9'!,'0!
$!7"&%$A9'!)+';?)",$^K!
*
@G`O2A3* ^* T* C3EF;G;UV3* 5?:G5* 3* ?0E5G3* 45* E9?2AaF237* 895* 75* 9:212b;E* 45* `Q9;*
79F5GO2A2;1*5*79c:5GGd?5;*F;G;*;c;7:5A2E5?:3*F0c12A3*?3*%7:;43*45*'V3*-;913*5*5?:G5*37*
E9?2AaF237*895* 75*9:212b;Ee* F;GA2;1* 39* 2?:5QG;1E5?:5e*45*`Q9;* 79c:5GGd?5;*43*'27:5E;*
)8faO5G3*I;9G9*X<3?:5N*C%+%'Ie*^gghYP*
"#$
%&'
$(
'"(
(
"((
'((
$((
%((
)((
"
#!$
%!
&
'(
)*
+,
)-
.
Fonte: CETESB , 1997
/0'+1%2-!34'2'"-!5.64$-!$%!78!94':-
7';6%22<(%4
7',%21)*)4:
942*)4:
=(6%>24:
!
!
/'27"*+($2*'!$!Q$7&$!6(+$!*+!','((J2,"$!*'7!7+*"0+2&'7!5$%(%!2'!87&$*'!*+!49'!:$%;'>!$!
+R"7&J2,"$! *+!)($2*+!2[0+('!*+!0%2",S1"'7! $77+2&$*'7!2+7&+! *'0S2"'! +! $! "01'(&c2,"$! *+7&$!
%2"*$*+!)+';?)",$!,'0'!(+7+(Q$!+7&($&E)",$!*+!6)%$!7%O&+((c2+$>!'!+7&%*'!3"*('+7&($&")(6@",'!
'($!$1(+7+2&$*'!(+Q+7&+_7+!*+!)($2*+!"2&+(+77+!$,$*J0",'>!1(6&",'!+!+,'2k0",'>!2$!0+*"*$!+0!
I%+! 1'*+(6! Q"(! $! $%R";"$(! *+! 0$2+"($! +@+&"Q$! 2'! 1;$2+m$0+2&'>! ,'27+(Q$A9'! +! %&";"D$A9'!
($,"'2$;!!*+77+7!(+,%(7'7!3S*(",'7K!
!
!
^PZP!Hci5:2M3*
#! 'Om+&"Q'! *+7&$! 1+7I%"7$! @'"! +7&%*$(! '! $(,$O'%A'! ;"&'+7&($&")(6@",'! *+! 7%O7%1+(@S,"+! +!
+7&$O+;+,+(!$!3"*('+7&($&")($@"$!*$!7+IiJ2,"$!2+',(+&6,+$!7%1($O$76;&",$>!+0!c0O"&'!*'!87&$*'!
r!
!"#$"%&%'($)"*%+,%-%.//0%1%!"#$#%&'()"(*+,*+-"./01&"("((2&).#"*3.'3&%.'/&'()#(!.+-#(4'+.+("5((67#(8'+$#9(
(
(
*+! 49'! :$%;'>! %&";"D$2*'_7+! 1("2,"1$;0+2&+! *+! 1+(@"7! )+'@S7",'7! �($*"'$&"Q'7>! +;E&(",'7! +!
$,[7&",'7�>!+!*+!*+7,("AX+7!*+!$0'7&($7!*+!,$;3$!+!*+!&+7&+0%23'7!*+!7'2*$)+0>!'O&"*'7!*+!
1+(@%($AX+7!+@+&%$*$7!1$($!+R&($A9'!*+!6)%$!7%O&+((c2+$>!*+!0'*'!$!"*+2&"@",$(!+!,'((+;$,"'2$(!
$7! *"7&"2&$7! %2"*$*+7! $IiS@+($7>! +! $Q$;"$(! '! 1'&+2,"$;! 3S*(",'! *'! 4"7&+0$! 5$%(%K! =71+,&'7!
&+,&k2",'7>!$0O"+2&+7!*+1'7","'2$"7!+!+Q';%A9'!1$;+')+')(6@",$!@'($0!,'27"*+($*'7!+0!($D9'!
*$!"2&+(,'2+R9'!+2&(+!'7!&+0$7!7+0>!,'2&%*'>!,'27&"&%"(!1('1?7"&'!0$"'(!*+7&+!+7&%*'K!V($&$_
7+>!1'(&$2&'>!*+!%0!+7&%*'!(+)"'2$;!*+!7%O7%1+(@S,"+>!,$;,$*'!+0!1+(@"7!)+'@S7",'7>!+0!6(+$!*+!
7+*"0+2&$A9'!*'!b(%1'!5$%(%K!
Y0! &($O$;3'!*+7&$! 2$&%(+D$! 7+! m%7&"@",$! 1+;$! 1(?1("$! *"Q+(7"*$*+! ;"&';?)",$! +! +7,$77+D!*+!
O'$7! +R1'7"AX+7! *+! (',3$7! *'! b(%1'! 5$%(%>! @$&'(+7! I%+! ,'01;",$0! +! *"@",%;&$0! $7!
,'((+;$AX+7! *+! 7%1+(@S,"+K! =! %&";"D$A9'! *+! 1+(@"7! )+'@S7",'7! ,'27&"&%"_7+! 2%0$! *$7!0+;3'(+7!
@+(($0+2&$7! 1$($! "2Q+7&")$(! '! ,'01'(&$0+2&'! &("*"0+27"'2$;! (+)"'2$;! *+! %2"*$*+7!
;"&'+7&($&")(6@",$7! +0! 7%O7%1+(@S,"+K! W%"&'! %&";"D$*$7! 2$! 1('71+,A9'! 0"2+($;! *+!
3"*(',$(O'2+&'7!+>!0$"7!(+,+2&+0+2&+>!*+!6)%$!7%O&+((c2+$>!+7&$7!@+(($0+2&$7!79'!*+!+R&(+0$!
%&";"*$*+!2$!$Q$;"$A9'!+!;',$;"D$A9'!*+77$7! m$D"*$7!!+!7+!,';',$0!+2&(+!'7!0E&'*'7!*+!0$"'(!
(+7';%A9'>!+R"7&"2*'!*+D+2$7!*+!&"1'7!*+!7'2*$7!,'0!@"2$;"*$*+7!+71+,S@",$7>!*+!$,'(*'!,'0!'!
&"1'! *+! 1+7I%"7$! $! 7+(! (+$;"D$*$K! #%&('! $71+,&'! I%+! (+Q+7&+! *+! "01'(&c2,"$! +7&+! +7&%*'! E! '!
2[0+('!1'%,'!+R1(+77"Q'!*+!1+7I%"7$7!I%+!"2,'(1'($0!1+(@"7! )+'@S7",'7!2$!,'2@")%($A9'!*'!
$(,$O'%A'!+7&($&")(6@",'!*'!b(%1'!5$%(%K!
!
!
^P\P!WG5;*45*%7:943*
=! (+)"9'! $O($2)"*$! 1'(! +7&$! 1+7I%"7$! ,'01(++2*+! $! 1'(A9'! 1$%;"7&$! *+! ','((J2,"$! *$7!
%2"*$*+7!,(+&6,+$7!7%1($O$76;&",$7>!,'0!6(+$!*+!,+(,$!*+!ddxKzzz!C0�>!;"0"&$*$!$!2'(&+!1+;'!
N"'!b($2*+>!$!'+7&+!1+;'!N"'!:$($26>!$!7%;!1+;'!N"'!:$($2$1$2+0$!+!$!;+7&+!1+;$7!+R1'7"AX+7!
*+! (',3$7! O$76;&",$7! *$! G'(0$A9'! 4+(($! b+($;>! 7'O(+! $7! I%$"7! $77+2&$0_7+! '7! 7+*"0+2&'7!
5$%(%>!$&($QE7!*+!,'2&$&'!*"7,'(*$2&+!+('7"Q'K!
F+7&$!(+)"9'!+7&9'!1(+7+2&+7!$7!%2"*$*+7!$&("O%S*$7!f7!@'(0$AX+7!/$"%6>!4$2&'!=2$7&6,"'>!
=($A$&%O$>!=*$0$2&"2$!+!W$(S;"$>!*+!$,'(*'!,'0!$!,'2,+1A9'!*+!4'$(+7!"3('$9!�d{yz�>!'%!'7!
)(%1'7!/$"%6!�@'(0$AX+7!N"'!:$($26!+!4$2&'!=2$7&6,"'�!+!5$%(%!�@'(0$AX+7!=($A$&%O$>!49'!
B'7E! *'! N"'! :(+&'>! :(+7"*+2&+! :(%*+2&+! +! 8,3$1'(9�>! 7+)%2*'! 7%O*"Q"79'! 1('1'7&$! 1'(!
s!
!"#$"%&%'($)"*%+,%-%.//0%1%!"#$#%&'()"(*+,*+-"./01&"("((2&).#"*3.'3&%.'/&'()#(!.+-#(4'+.+("5((67#(8'+$#9((
(
G+(2$2*+7! �d{{y�K! =7! 6(+$7! *+! ','((J2,"$! *'7! 7+*"0+2&'7! $&("O%S*'7! f! G'(0$A9'! l&$I%+("!
@'($0!1('1'7"&$*$0+2&+!+R,;%S*$7!*+7&+!+7&%*'>!+0!($D9'!*$7!1+(7"7&+2&+7!*[Q"*$7!I%$2&'!$'!
7+%!1'7","'2$0+2&'!,('2'+7&($&")(6@",'!+>!&$0OE0>!1+;$!"2*"71'2"O";"*$*+!*+!1+(@"7!)+'@S7",'7K!!
L'! 0+70'! 0'*'>! '7! &+((+2'7! $*m$,+2&+7! $'! ;"0"&+! 7%*+7&+! *$! 6(+$! *+! ','((J2,"$! *'7!
7+*"0+2&'7!5$%(%>! $&("O%S*'7! f!G'(0$A9'!W$(S;"$! 2'!0$1$!)+';?)",'!*'! l:V! �d{yd�>! @'($0!
*+7,'27"*+($*'7!1+;$!"2+R"7&J2,"$!*+!1+(@"7!)+'@S7",'7K!
=!G")%($!d!0'7&($!$!;',$;"D$A9'!*$!6(+$!+7&%*$*$!2'!,'2&+R&'!)+')(6@",'!*$!=0E(",$!*'!
4%;>!*$!5$,"$!*'!:$($26!+!*'!87&$*'!*+!49'!:$%;'K!
!
!
^PjP!C3?A52:3*45*9?24;45*=24G357:G;:2QG`O2A;*
Y2"*$*+! 3"*('+7&($&")(6@",$! 1'*+! 7+(! *+@"2"*$! ,'0'! $! 1$(&+! *+! %0! ,'(1'! (',3'7'! I%+!
@'(0$!%0$!%2"*$*+!3"*(')+';?)",$!*"7&"2&$!,'0!(+;$A9'!$'!@;%R'!*+!6)%$!�W$R+U>!d{us>!'-+)!
4+$O+(>!d{yy�K!!N+Q"7$2*'!+7&+!,'2,+"&'>!4+$O+(!�#-9(1&39�!(+*+@"2"%!'!&+(0'!,'0'!]%0!,'(1'!
(',3'7'! *"7&"2)%"*'! +! ,$($,&+("D$*'! 1'(! 7%$! 1'('7"*$*+! +! 1+(0+$O";"*$*+^K! L+77+!0'*'>! '!
$(,$O'%A'!)+';?)",'!1'*+!7+(!7%O*"Q"*"*'!+0!1'(AX+7!0$"7!1+(0+6Q+"7!'%!0+2'7!1+(0+6Q+"7!
�$IiS@+('7! +! $Ii"&$(*'7>! ! (+71+,&"Q$0+2&+�>! $%R";"$2*'!2$!*+&+(0"2$A9'!*'! 7"7&+0$!*+! @;%R'!
(+)"'2$;K!
=!*+@"2"A9'!*+!%2"*$*+7!3"*('+7&($&")(6@",$7>!+0!+7,$;$!(+)"'2$;>!+2Q';Q+!$!$1;",$A9'!*+-!
,'2,+"&'7! +7&($&")(6@",'7>! *+! 0'*'! $! +7&$O+;+,+(_7+! '! $(,$O'%A'! ,'2,+"&%$;! )+($;! *'7!
*+1?7"&'7h! 0$1+$0+2&'! *+! 7%O7%1+(@S,"+! %&";"D$2*'! "2@'(0$AX+7! *+! &+7&+0%23'7>! 1+(@"7!
)+'@S7",'7>!$0'7&($7!*+!,$;3$!+!*$*'7!*+!1+(@%($A9'>!*+!0'*'!$!7+!*+@"2"(!$7!;"&'@6,"+7h!&+7&+7!
*+! ;$O'($&?("'! +0! $0'7&($7! *+! &+7&+0%23'7! *'7! $IiS@+('7! +! $Ii"&$(*'7h! ! &+7&+7! *+!
O'0O+$0+2&'! &=( *&3+! *'7! $IiS@+('7! +! $Ii"&$(*'7! 1$($! *+&+(0"2$A9'! *+! 7%$7! ,$($,&+(S7&",$7!
3"*('*"2c0",$7! +! 1+7I%"7$! 7'O(+! '7! +@+"&'7! 0'*"@",$*'(+7! *+("Q$*'7! *'7! 1(',+77'7!
*"$)+2E&",'7!+!&+,&k2",'7!2$7!1('1("+*$*+7!*'7!$IiS@+('7>!$'!;'2)'!*+!7%$!3"7&?("$!+Q';%&"Q$K!!
/'0'! +R+01;'! *+! %0! +7&%*'! *+7&$! 2$&%(+D$! ,"&$_7+! '! &($O$;3'! *+7+2Q';Q"*'! 1+;$!
Y2"Q+(7"*$*+! *+! a$27$7! 7'O(+! '! :'P#3'( ?Q+&/".( 6D*3"5>! *"71'2"O";"D$*'! 2'! +2*+(+A'! *$!
"2&+(2+&!+0!233-RSSOOO9P%*9+P'=*9")+K!
!
!
t!
!"#$"%&%'($)"*%+,%-%.//0%1%!"#$#%&'()"(*+,*+-"./01&"("((2&).#"*3.'3&%.'/&'()#(!.+-#(4'+.+("5((67#(8'+$#9(
(
(
!
!"#"$%&
'($)*
+& %&,'" #
!"#"$ %&'($ )*
-$.&,/* 0&1/,"$
!"#"$%& 2&3)%&$&'($ )*
4&$&,&3&,".&
!)*
!)*
4&$
&,5
!"#
"$
673 )5
%&'(
$)*
!"#"$%&' ($) *
89:&
;*9 '
")$&
!"#"$ %&'($)* <=7&>"$."9:&
!"# "$
%
? &$)
. @*
&'( $)*
,/*
!"#"$%&'($)* +&%&,'"#
!"#"$ %&'($)* -$.&,/*0 &1/,"$
!"#"$%& 2&3)%&$&'($)*
4&$&,&3&,".&
!)*
!)*
4&$&,5
!"#"$
673)5%&'($)*
!"#"$%&'($)* 89:& ;*9'
")$&
!"#"$%&'($)* <=7&>"$."9:&
!"#"$%
?& $).@*&'($)*
,/*
!"#"$%&'($)* 4$*.)##A*
!)* B)"'C
'(*!+ '(*!+
')*!+')*!+
)'*!, %-*!,
%-*!,)'*!,
./0123!24!+53!61783!
9:;<=>1!23!+78!
?<7@3!A17<7
B103!?<3//3
23!+78
B=C1/!?4<1=/
61<1CD
E>41C3
908FC0=>3
D#E&9&FG$5H)E&
I JKI
L.
G<41!24!3>3<<HC>=1
23!?<7@3!A17<7
6I!6<724C04
!"#$%"&'(
B1<J8=1
+3<3>1K1
L01@4M1
N=3!O81<3
9<1P107K1
+I!QI!NI!6<403
9<1<1R71<1
+53!61783
!
!
<2Q9G;*^*k*6;F;*45*13A;12b;UV3*4;*`G5;*57:94;4;P*
u!
!"#$"%&%'($)"*%+,%-%.//0%1%!"#$#%&'()"(*+,*+-"./01&"("((2&).#"*3.'3&%.'/&'()#(!.+-#(4'+.+("5((67#(8'+$#9(
(
(
^PlP!I;75*45*4;437*
=! O$7+! *+! *$*'7! %&";"D$*$! 2+7&$! 1+7I%"7$! @'"! +R&($S*$>! 1("2,"1$;0+2&+>! *+! $(I%"Q'7! *+!
(+;$&?("'7!*+!1+(@%($A9'!*+!1'A'7!*'!L+1$(&$0+2&'!*+!M)%$7!+!82+()"$!8;E&(",$!*'!87&$*'!*+!
49'!:$%;'!<!L=88!+!/'01$23"$!*+!4$2+$0+2&'!567",'!*'!87&$*'!*+!49'!:$%;'!<!4=584:!
+>! +0! 0+2'(! 2[0+('>! *+! +01(+7$7! 1$(&",%;$(+7! *'! ($0'! *+! 1+(@%($A9'! +! *+! &($O$;3'7!
(+$;"D$*'7! 1'(! +7&+! $%&'(>! ,'27&$2*'! *+! 1+(@"7! ;"&'+7&($&")(6@",'7>! *+7,("AX+7! *+! $0'7&($7! *+!
,$;3$>!*$*'7!*+!&+7&+!*+!O'0O+$0+2&'!+!1+(@"7!)+'@S7",'7>!*+!1'A'7!;"7&$*'7!2'7!=2+R'7!l!+!llK!
L'7! ttz! 1'A'7! ;+Q$2&$*'7>! rtx! @'($0! %&";"D$*'7! 1$($! +;$O'($A9'! *'!0$1$! *+! ,'2&'(2'!
+7&(%&%($;! *'! &'1'! *$! G'(0$A9'! 4+(($! b+($;>! %2"*$*+! +7&$! I%+! 7+! ,'01'(&$! ,'0'!
+0O$7$0+2&'! *'! 4"7&+0$! =IiS@+('! 5$%(%! 2$! I%$7+! &'&$;"*$*+! *$! 6(+$! +7&%*$*$K! L$*'7!
3"*('*"2c0",'7! O67",'7>! ,'0'! 2SQ+;! +7&6&",'>! 2SQ+;! *"2c0",'>! Q$D9'! *+! 1('*%A9'! +! Q$D9'!
+71+,S@",$>! @'($0! 'O&"*'7! +0! eur! 1'A'7K! L$*'7! *+! &($270"77"Q"*$*+>! ,'+@","+2&+! *+!
$(0$D+2$0+2&'!+!1'('7"*$*+!+@+&"Q$!29'!+7&9'!*"71'2SQ+"7K!
G'($0!'O&"*'7!dyz!1+(@"7!)+'@S7",'7>!$O($2)+2*'!dxt!;',$;"*$*+7!*"@+(+2&+7!*'!87&$*'!*+!
49'!:$%;'>!+2&(+!0%2",S1"'7>!*"7&("&'7!+!Q";$7!�b(6@",'!e�K! !L+7&+7>!te!,'((+71'2*+0!$!1+(@"7!
,$;"O($*'7>! +0! )+($;! ,'0! ,%(Q$7! *+! 1'&+2,"$;! +71'2&c2+'>! ($"'7! )$0$! =:l! �?5".&1'=(
8"3.#$"+5( T=*3&3+3"�>! (+7"7&"Q"*$*+!2'(0$;! ,%(&$>! (+7"7&"Q"*$*+! "2*%D"*$! +! Q+;',"*$*+! 7k2",$>!
1(',+77$*'7! 1'(! +I%"1$0+2&'7! ,'01%&$*'("D$*'7>! ,%m'7! (+)"7&('7! *$7! 1('1("+*$*+7!
1+&('@S7",$7! 1'*+0! 7+(! %&";"D$*'7! 1$($! $26;"7+7! I%$2&"&$&"Q$7K! #7! *+0$"7! dey! 1+(@"7! 79'!
*+7")2$*'7! ,'2Q+2,"'2$"7>! 7+0!,$;"O($A9'!=:l>! $1(+7+2&$2*'! ,%(Q$7!*+! ($"'7! )$0$! +0!,17!
�1#+=3*( -".( *"1#=)�>! 1'&+2,"$;! +71'2&c2+'>! (+7"7&J2,"$! +! (+7"7&"Q"*$*+! du! +! us! 1';+)$*$7>!
1'*+2*'!7+(!%&";"D$*'7!7'0+2&+!1$($!$26;"7+7!I%$;"&$&"Q$7K!
=!1+7I%"7$!O"O;"')(6@",$!&$0OE0!1+(0"&"%!(+%2"(!,+(,$!*+!tz!1+(@"7!;"&';?)",'7!+;$O'($*'7!
,'0! O$7+! 2$! *+7,("A9'! *+! &+7&+0%23'7! *+! 7'2*$)+0! *+! 1'A'7! 1+(@%($*'7! 1+;'! l27&"&%&'!
b+';?)",'!<!lb>!1%O;",$*'7!2'7!&($O$;3'7!*+!=("*!�d{uu�>!W+DD$;"($!�d{xs�!+!5$(,3$!�d{yz�K!
=0'7&($7!*+!,$;3$!$(0$D+2$*$7!2$!;"&'&+,$!*$!(+)"'2$;!*+!=($($I%$($!*'!L+1$(&$0+2&'!*+!
M)%$7! +! 82+()"$! 8;E&(",$! *'! 87&$*'! *+! 49'! :$%;'! <! L=88>! &$0OE0! @'($0! (++R$0"2$*$7>!
I%$2*'!2+,+776("'>!1$($!,$;"O($A9'!*+!1+(@"7K!
x!
!"#$"%&%'($)"*%+,%-%.//0%1%!"#$#%&'()"(*+,*+-"./01&"("((2&).#"*3.'3&%.'/&'()#(!.+-#(4'+.+("5((67#(8'+$#9(
(
(
!
@G`O2A3*Z*k*&51;UV3*5?:G5*3*?0E5G3*45*F5GO27*A3?M5?A23?;27*5*A;12cG;437e*9:212b;437*?;*
F578927;P*
"'#
)'
(
'(
%(
&(
#(
"((
"'(
"%(
"#
!$
%!
,%
21
).
O3CM4C>=3C1=/ O18=K<123/
!
!
!
!
ZP! 6m+H(H'*!+#,#n)(H'**
ZP^P!C3?7245G;Uo57*Q5G;27*
87&$!1+7I%"7$!@'"!O$7+$*$!1("2,"1$;0+2&+!2$!"2&+(1(+&$A9'!+!,'((+;$A9'!*+!,%(Q$7!)+($*$7!
1+;'7! 1+(@"7! )+'@S7",'7! ,'(("*'7! +0! 1'A'7! 1$($! ,$1&$A9'! *+! 6)%$! 7%O&+((c2+$>! *+! 0'*'! $!
"*+2&"@",$(! +0! 7%O7%1+(@S,"+! $7! %2"*$*+7! +7&($&")(6@",$7! 1(+7+2&+7! 2'!b(%1'!5$%(%! +! $Q$;"$(!
7+%! 1'&+2,"$;! 3S*(",'K! #! ,("&E("'! *+&+(0"2$2&+! 1$($! 7+;+A9'! *'7! 1'A'7! @'"! 7%$!
(+1(+7+2&$&"Q"*$*+! +0! 6(+$! +! $! +R"7&J2,"$! *+! 1+(@";! )+'@S7",'K! ! :'(&$2&'>! 29'! 3'%Q+!
1(+',%1$A9'! +0! ;+Q$2&$(! I%$2&"*$*+!*+!*$*'7>!0$7! 7"0>! 1'A'7! ,'0! "2@'(0$AX+7!*+!0+;3'(!
I%$;"*$*+K!
#7! 1+(@"7! )+'@S7",'7! 79'! '(")"2$;0+2&+! $1(+7+2&$*'7! +0! 1$1+;! ,'2&S2%'>! 2'! @'(0$&'!
)(6@",'>! )+($;0+2&+! 2$7! +7,$;$7! 1$*(9'! *+! d-tzz! '%! d-ezz>! ,'27"*+($*$7! +7,$;$7!
+R,+77"Q$0+2&+! )($2*+7! 1$($! $26;"7+7! +7&($&")(6@",$7! *+! 7%,+77X+7! 7+*"0+2&$(+7K! :'*+0! 7+(!
y!
!"#$"%&%'($)"*%+,%-%.//0%1%!"#$#%&'()"(*+,*+-"./01&"("((2&).#"*3.'3&%.'/&'()#(!.+-#(4'+.+("5((67#(8'+$#9(
(
(
*"7&"2)%"*'7! +2&(+! 1+(@"7( ,'2Q+2,"'2$"7( '%( 29'! ,$;"O($*'7! +! 1+(@"7( ,'01%&$*'("D$*'7( '%(
,$;"O($*'7K!
=2&+("'(0+2&+!$'!$*Q+2&'!*'7!7"7&+0$7!,'01%&$*'("D$*'7>!$7!7'2*$7!*+!1+(@";$)+0!+($0!
'O(")$*$7! $! *+7,+(! Q6("$7! Q+D+7! 2'! 0+70'! 1'A'! 1$($! (+)"7&($(! $7! *"@+(+2&+7! ,%(Q$7>! +0!
*"@+(+2&+7! +7,$;$7>! *+! $,'(*'! ,'0! $7! +R")J2,"$7! *'7! 1('1("+&6("'7K! 87&+7! 1+(@"7! @",$($0!
,'23+,"*'7!,'0'!,'2Q+2,"'2$"7K!=!,%(Q$!+($!(+)"7&($*$!0+,$2",$0+2&+!+0!1$1+;>!2%0$![2",$!
Q"$!+!%0$!Q+D!+R&($Q"$*$>!29'!3$Q"$!,'2*"AX+7!&E,2",$7!*+!'O&+(_7+!%0$!7+)%2*$!,?1"$>!$!29'!
7+(>! (+$;"D$2*'! 2'Q$! 1+(@";$)+0K! :'(! +7&+! 0'&"Q'>! 0%"&$7! "2@'(0$AX+7! )+'@S7",$7>!
+R&(+0$0+2&+!Q$;"'7$7!*'!1'2&'!*+!Q"7&$!)+';?)",'>!@'($0!1+(*"*$7!$'!;'2)'!*'7!$2'7!+!2%2,$!0$"7!(+,%1+($*$7K!!/'0'!29'!1'77%S$0!%0$!,$;"O($A9'!$*+I%$*$!+!!7'@("$0!"2&+(@+(J2,"$!*'!
@;%"*'! *+! 1+(@%($A9'>! *'! *"c0+&('! *'! 1'A'>! +&,>! 1(+7&$Q$0_7+! 7'0+2&+! 1$($! $26;"7+7!
I%$;"&$&"Q$7K!
/'0!'! 7%()"0+2&'!*'7! 7"7&+0$7! ,'01%&$*'("D$*'7!2'!87&$*'!*+!49'!:$%;'>! 2'! @"2$;! *+!
d{{s>! '7! (+)"7&('7! *$7! 1('1("+*$*+7! 1+&('@S7",$7! *$7! (',3$7! 1$77$($0! $! 7+(! )($Q$*'7! +0!
$(I%"Q'!*")"&$;>!1+(0"&"2*'!2%0$![2",$!*+7,"*$!$'!1'A'>!$!$I%"7"A9'!+!'!$(0$D+2$0+2&'!*+!
*$*'7!1$($!1'7&+("'(!0$2"1%;$A9'!+!"01(+779'!*$7!,%(Q$7!+0!I%$;I%+(!+7,$;$>!&$2&'!Q+(&",$;!
,'0'!3'("D'2&$;K!!/'0'!1'77%+0!,$;"O($A9'!2'!1$*(9'!=:l>!1(+7&$0_7+!&$0OE0!1$($!$26;"7+7!
I%$2&"&$&"Q$7>! '%! 7+m$>! 1'*+_7+!+@+&%$(!,6;,%;'7! ,'0!O'$!1(+,"79'! ,'0!'7!Q$;'(+7! $*I%"("*'7!
1+;$7!7'2*$7>!*+!0'*'!$26;')'!$'!I%+!E!(+$;"D$*'!2$!"2*[7&("$!1+&(';S@+($K!
V'*'7!'7!1+(@"7!'O&"*'7!@'($0!*")"&$;"D$*'7!*+!0'*'!$!1+(0"&"(!7+%!0$2%7+"'!+0!+7,$;$!
0$"7! ,'2Q+2"+2&+K! =! +7,$;$! Q+(&",$;! 1$*(9'! *+! @'(0$&$A9'>! 1$($! $26;"7+! *'7! 1+(@"7>! @'"! *+!
d-dKtzzK!
F'!,$7'!*'7!1+(@"7!,'2Q+2,"'2$"7>!(+)"7&($*'7!+0!1$1+;>!@'($0!&'0$*'7!Q$;'(+7!$!,$*$!z>t!
0+&('! 2$! +7,$;$! *+! 1('@%2*"*$*+! *$7! )($2*+D$7! @S7",$7! +R1(+77$7! 1+;$7! ,%(Q$7K! #7! Q$;'(+7!
+R&($S*'7!@'($0>!+2&9'>!"27+("*'7!+0!1;$2";3$!*'!*#/3O'."!8R,+;!�+R&+279'!R;7�>!,'0!'7!I%$"7!
@'($0!)+($*'7!)(6@",'7!$26;')'7!$'7!1+(@"7!+0!1$1+;K!!
F'!,$7'!*'7!!1+(@"7!,'01%&$*'("D$*'7>!'7!(+)"7&('7!@'($0!'O&"*'7!*"(+&$0+2&+!*+!$(I%"Q'!
*+!&+R&'!*")"&$;!�+R&+279'!&R&�>!$!,$*$!z>et!0+&('!*+!1('@%2*"*$*+>!&($27@'(0$*'7!1$($!@'(0$&'!
*+!1;$2";3$!8R,+;!�+R&+279'!KR;7�!+!%&";"D$*'7!1$($!$!)+($A9'!*'7!)(6@",'7!$26;')'7!$'7!1+(@"7!
(+$"7K!
87&+7!)(6@",'7!@'($0!+2&9'!&($271'(&$*'7!1$($!'!1(')($0$!/'(+;*($\!{Kz!+!*+7$)(%1$*'7!
1$($! 7+;+A9'! 7'0+2&+! *'7! +;+0+2&'7! (+1(+7+2&$&"Q'7! *$7! ,%(Q$7! )+'@S7",$7>! *$2*'! '(")+0! $!
{!
!"#$"%&%'($)"*%+,%-%.//0%1%!"#$#%&'()"(*+,*+-"./01&"("((2&).#"*3.'3&%.'/&'()#(!.+-#(4'+.+("5((67#(8'+$#9(
(
(
1+(@"7! *")"&$;"D$*'7! �@'(0$&'! ,*(�>! 1'7&+("'(0+2&+! +01(+)$*'7! 2$7! $26;"7+7>! ,'((+;$AX+7! +!
+;$O'($A9'!*+!7+AX+7!)+';?)",$7K!
=!G")%($!e!0'7&($>!,'0'!+R+01;'>!%0$!,'01$($A9'!*'!@'(0$&'!*$7!,%(Q$7!*+!($"'7!)$0$!
'O&"*$7! *+!*"@+(+2&+7!0'*'7K! !=! ,%(Q$! ]=^! (+1(+7+2&$! &(+,3'!*+!%0!1+(@";! ,'2Q+2,"'2$;! 2$!
+7,$;$!Q+(&",$;!'(")"2$;!*+!d-ezz>!(+)"7&($*'!0+,$2",$0+2&+!+0!+7,$;$!],17^K!=!,%(Q$!]5^!@'"!
)+($*$! )($@",$0+2&+! 2'! *#/3O'."! 8R,+;>! $! 1$(&"(! *$! +R&($A9'! *+! Q$;'(+7! 2%0E(",'7! ;"*'7!
*"(+&$0+2&+! *'! 1+(@";! $1(+7+2&$*'! 2$! ,%(Q$! ]=^K! =! ,%(Q$! ]/^! @'"! ,'2,+O"*$! $! 1$(&"(! *$!
$I%"7"A9'! *+! *$*'7! *")"&$"7! +0! +I%"1$0+2&'! ,'01%&$*'("D$*'>! 1$*(9'! =:l>! +! )+($*$!
)($@",$0+2&+! 2'! *#/3O'."! 8R,+;K! ! 4$;"+2&$_7+! I%+! +7&$! [;&"0$! ,%(Q$! @'"! 'O&"*$! +0! 1'A'!
*"@+(+2&+>!1'(E0!7"&%$*'!2$!0+70$!,"*$*+>!1'*+2*'_7+!2'&$(!%0$!+R,+;+2&+!,'((+71'2*J2,"$!
+2&(+!'7!1+(@"7K!
!
!
!
!
<2Q9G;* Z* k* C3EF;G;UV3* 5?:G5* A9GM;7*
45* G;237* Q;E;* 3c:24;7* F3G* 42O5G5?:57*
Ep:3437P**
=�!/%(Q$!*+!($"'7!)$0$!,'2Q+2,"'2$;!
+R&($S*$!*+!,?1"$!+0!1$1+;!�+7,$;$!,17�K!!
5�!/%(Q$!*+!($"'7!)$0$!,'2Q+2,"'2$;!
)+($*$! $&($QE7! *$! ;+"&%($! *'7! Q$;'(+7!
(+)"7&($*'7! 2'7! 1+(@"7! +0! 1$1+;! �+7,$;$!
,17�K!!
/�! /%(Q$! *+! ($"'7! )$0$! ,$;"O($*'>!
'O&"*$! $&($QE7! *+! Q$;'(+7! *")"&$"7!
(+)"7&($*'7!1+;$!7'2*$!�+7,$;$!=:l�K!
!!
")(
"&(
"-(
?4)-.!@4&4
A*,.B
?4)-.!@4&4
A/9=B
6
<3
S7
C2
=2
12
4!
T:
U
C-&,424DE-!%(62%!*'2F4.!$%!24)-.!>4&4!
-;6)$4.!,-2!$)1%2%(6%.!&G6-$-.
V3>18=2124W!6<4/=24C04!A4<C1<24/!X!+6
/ 3 C
+4:!4/>181!Y3<=Z3C018
dz!
!"#$"%&%'($)"*%+,%-%.//0%1%!"#$#%&'()"(*+,*+-"./01&"("((2&).#"*3.'3&%.'/&'()#(!.+-#(4'+.+("5((67#(8'+$#9(
(
(
:$($! "2&+(1(+&$A9'! *'7! 1+(@"7! &($27@'(0$*'7! +0! $(I%"Q'! *")"&$;! @'"! *+7+2Q';Q"*'! %0!
*#/3O'."!+71+,S@",'!*+!$26;"7+!2'!P85=/!<!P$O'($&?("'!*+!=26;"7+!*+!5$,"$7>!*$!YF84:!*+!
N"'! /;$('>! "2@'(0$;0+2&+! *+2'0"2$*'! *+! =2$;')! �G")%($! r�K! ! 87&+! *#/3O'."! E! O$7&$2&+!
7"01;+7>!1'(E0!0%"&'![&";!1$($!$)";"D$(!$7!"2&+(1(+&$AX+7K! !#!1(')($0$!1+(0"&+!$!"01'(&$A9'!
*'!$(I%"Q'!,'0!'7!*$*'7!*")"&$"7>!*"71'2*'!'7!1+(@"7!+0!@'(0$&'!)(6@",'!2$!&+;$!1("2,"1$;!1$($!
Q"7%$;"D$A9'! (61"*$K! #! 1+(@";! 1'*+! 7+(! @$&"$*'! +0! "2&+(Q$;'7! ,'((+71'2*+2&+7! f7! %2"*$*+7!
)+';?)",$7!(+,'23+,"*$7!+!*"7,("0"2$*'!+0!&+(0'7!;"&';?)",'7!,'0!$!$1;",$A9'!*+!1$(c0+&('7!
*+!$26;"7+!O$7+$*'7!+0!"2&+(Q$;'7!*+!Q$("$A9'!*$7!)($2*+D$7!@S7",$7!0+27%($*$7>!,'0'!($"'7!
)$0$! 2$&%($;>! (+7"7&"Q"*$*+! '%! &+01'! *+! &(c27"&'! *+! '2*$! 7'2'($K! #! (+7%;&$*'! E! *$*'! +0!
&+(0'7!*+! +71+77%($! $O7';%&$! *+! ,$*$! ,'01'2+2&+! ;"&';?)",'!*+2&('!*'! "2&+(Q$;'! $2$;"7$*'>!
@$,";"&$2*'!$!+;$O'($A9'!*'7!0$1$7!*+!"7?;"&$7K!!
:$($! $Q$;"$A9'! *$7! D'2$7! $IiS@+($7! 0$"7! 1('0"77'($7! @'"! %&";"D$*'! '! 0+70'! *#/3O'.">!
1'(E0>!'7!1$(c0+&('7!*+!$26;"7+!@'($0!$m%7&$*'7!*+!0'*'!$!+R1(+77$(!'7!(+7%;&$*'7!+0!&+(0'7!
*+!;"&';')"$7!*+!0$"'(!'%!0+2'(!1+(0+$O";"*$*+!$1$(+2&+K!!
!
!
!
<2Q9G;*\*k*+51;*FG2?A2F;1*43*23456"7&*)?;13QP*
dd!
!"#$"%&%'($)"*%+,%-%.//0%1%!"#$#%&'()"(*+,*+-"./01&"("((2&).#"*3.'3&%.'/&'()#(!.+-#(4'+.+("5((67#(8'+$#9(
(
(
ZPZP!-5GO27*Q53Oa72A37*9:212b;437*?;*FG37F5AUV3*45*`Q9;*79c:5GGd?5;*
=!1$(&"(!*'!@"2$;!*$!*E,$*$!*+!xz!+!"2S,"'!*$!*E,$*$!*+!yz>!'7!1('m+&'7!*+!,$1&$A9'!*+!6)%$!
7%O&+((c2+$>!*+7+2Q';Q"*'7!1+;'!L+1$(&$0+2&'!*+!M)%$7!+!82+()"$!8;E&(",$!*'!87&$*'!*+!49'!
:$%;'!<!L=88!1$($!$7!1(+@+"&%($7!1$%;"7&$7>!1$77$($0!$!,'2&$(!,'0!'!$%RS;"'!*+!@+(($0+2&$7!
*+! 1+(@";$)+0! )+'@S7",$>! "&+0! I%+! 7+! &'(2'%! 'O(")$&?("'! 2$! ,'27&(%A9'! *+! 1'A'7! +0! D'2$7!
7+*"0+2&$(+7K! ! #7! +I%"1$0+2&'7! *+! 1+(@";$)+0! +2&9'! *"71'2SQ+"7! +($0! *'! &"1'! +;E&(",'_
,'2Q+2,"'2$;>! ,'0! (+)"7&($*'(! 0+,c2",'! +! 7'2*$! *+! 1+I%+2'! *"c0+&('>! *+7+2Q';Q"*'7! 1$($!
1+7I%"7$!0"2+($;!+!I%+!@'($0!$*$1&$*'7!1$($!%&";"D$A9'!+0!@%('7!*+!)($2*+!*"c0+&('!�0$"'(!
*'!I%+!y!1';+)$*$7�>!+0!1'A'7!1$($!+R&($A9'!*+!6)%$K!!/'27"7&"$0!*+!%0$!,%(Q$!*+!:'&+2,"$;!
871'2&c2+'!�4:�>!%0$!*+!N$"'7!b$0$!�+0!%2"*$*+7!,17�>!%0$!*+!N+7"7&J2,"$!�NV/�!!+!*%$7!
*+! N+7"7&"Q"*$*+! �NVZ! *+! du�! +! us��K! ! ='! ,'2&(6("'! *'7! +I%"1$0+2&'7! +2&9'! %&";"D$*'7! 2$!
"2*[7&("$! 1+&(';S@+($>! 29'! *"71%23$0! *+! ,'((+AX+7! $%&'06&",$7! +! 7"7&+0$7! +@","+2&+7! *+!
,$;"O($A9'>! 7+2*'!0%"&'! "2@;%+2,"$*'7!1+;'!*"c0+&('!*'!1'A'>! &"1'!*+! @;%"*'!*+!1+(@%($A9'>!
+&,>!@'(2+,+2*'!7'0+2&+!(+)"7&('7!1$($!$26;"7+7!I%$;"&$&"Q$7K! !=;E0!*$!I%$;"*$*+!1(+,6("$!*$!
"2@'(0$A9'>! $! "2+R"7&J2,"$! *+! ,%(Q$! "2*",$&"Q$! *+! 1'('7"*$*+! @'"! 7+01(+! @$&'(! ;"0"&$2&+! 2$!
"2&+(1(+&$A9'! *+77+7! 1+(@"7! +! I%+>! +0! 0%"&'7! ,$7'7>! 29'! +($0! ,$1$D+7! *+! +;%,"*$(!
*+&+(0"2$*$7!7"&%$AX+7!)+';?)",$7K!
F'! "2S,"'! *+! d{{t>! ,'0! $! +2&($*$! 2'! 0+(,$*'! *+! +I%"1$0+2&'7! *+! 1+(@";$)+0!
,'01%&$*'("D$*'7>! *+7+2Q';Q"*'7! +71+,"@",$0+2&+! 1$($! $! (+$;"D$A9'! *+! "2Q+7&")$AX+7! 1$($!
,$1&$A9'! *+! 6)%$! 7%O&+((c2+$>! 3'%Q+! %0! 7$;&'! @'(0"*6Q+;! 2$! I%$;"*$*+! *$7! "2@'(0$AX+7!
@S7",$7!0+27%($*$7K!!L"71'2*'!*+!7'2*$7!*+!)($2*+!*"c0+&('>!,$;"O($*$7!2'!1$*(9'!=:l!+!,'0!
+;+Q$*$! (+7';%A9'>! '7! 1+(@"7! 1$77$($0! &$0OE0! $! @'(2+,+(! *$*'7! 1$($! %0$! $Q$;"$A9'!
I%$2&"&$&"Q$K! #! ,'2m%2&'! *+! ,%(Q$7! *"71'2SQ+"7! 2'7!0'*+(2'7! +I%"1$0+2&'7! ,'01(++2*+! $!
,%(Q$!*+!:'&+2,"$;!871'2&c2+'>!*+!N+7"7&"Q"*$*+!8;E&(",$!F'(0$;>!*+!N+7"7&"Q"*$*+!l2*%D"*$>!
*+!N$"'7!b$0$!,'0!,$;"O($A9'!=:l! +! *+!4k2",'!/'01+27$*'>! +7&$! [;&"0$!1$($! (+)"7&('! *'!
&+01'! *+! &(c27"&'! *+! %0$! '2*$! 7'2'($! 2'! 0+"'! @S7",'>! I%+! 1+(0"&+! 7%$! "2&+(1(+&$A9'! +0!
&+(0'7!*$!1'('7"*$*+!&'&$;!*$!(',3$K!
!
de!
!"#$"%&%'($)"*%+,%-%.//0%1%!"#$#%&'()"(*+,*+-"./01&"("((2&).#"*3.'3&%.'/&'()#(!.+-#(4'+.+("5((67#(8'+$#9(
(
(
ZPZP^P! )*F5GO21;Q5E*Q53Oa72A;*
:+(@";! )+'@S7",'!1'*+! 7+(! *+@"2"*'! ,'0'!$! (+1(+7+2&$A9'!)(6@",$! +2&(+!$! 1('@%2*"*$*+!*'!
1'A'! +! I%$;I%+(! 1('1("+*$*+! 1+&('@S7",$! (+)"7&($*$! 1'(! +I%"1$0+2&'7! $1('1("$*'7K! ! 877+7!
+I%"1$0+2&'7!%7$0! 7+27'(+7! +71+,"$"7! I%+! 7+! *+7;',$0!*+2&('!*'!1'A'>! 1%R$*'7!1'(!,$O'7!+;E&(",'7>! +! (+)"7&($0! ,'2&"2%$0+2&+! $7! 1('1("+*$*+7! @S7",$7! *'! 0+"'>! 7+2*'! 1'(! "77'>!
*+2'0"2$*'7! )+2+(",$0+2&+!2'!1$77$*'!*+!1+(@"7! +;E&(",'7>! "2*+1+2*+2&+0+2&+!*'!1(',+77'!
@S7",'!*+!0+*"A9'!%&";"D$*'K!
80! d{ex>! '7! "(09'7! /'2($*! +! W$(,+;! 4,3;%0O+()+(>! I%+! &($O$;3$Q$0! +0! 1+7I%"7$!
)+'@S7",$! *+! 7%1+(@S,"+! *"(+,"'2$*$! 1$($! 6)%$! 7%O&+((c2+$! +! (+,%(7'7! 0"2+($"7>! (+$;"D$($0!
(+)"7&('7!+;E&(",'7!,'0! 7"01;+7!7+27'(+7!*+7,"*'7!*+2&('!*+!%0!1'A'!*+!1+&(?;+'!2$!G($2A$K!!
877+7! (+)"7&('7! *+($0! '(")+0! $'! 1("0+"('!;$"13.&1'$( U#."! �&+7&+0%23'! +;E&(",'�K! ! #! &+(0'!
V"$$(W#%! '%!;$"13.&1'$(W#%! @'"! ,%23$*'!+0!d{rr>! 2'7!8Y=K! !F$!G($2A$!%&";"D$_7+! '! &+(0'!
:&'%.'-2&"( ;$"13.&Q+"! +! +0! :'(&%)$;! %7$_7+! '! &+(0'!:&'%.'/&'K! ! F'! 5($7";! +! 2$! =0E(",$!
P$&"2$!'!&+(0'!@",'%!7+2*'!]:+(@";!b+'@S7",'^!�F+(U>!d{{t�K!
F'!1("2,S1"'>! $7! '1+($AX+7!*+!1+(@";$)+0! (+)"7&($Q$0! 7'0+2&+! $7! 1('1("+*$*+7! +;E&(",$7!
*$7!(',3$7h!)($*$&"Q$0+2&+!@'($0!"2,'(1'($*$7!$7!$,[7&",$7!+!($*"'$&"Q$7K!!=&%$;0+2&+>!)($A$7!
$'!*+7+2Q';Q"0+2&'!*+!"2[0+('7!&"1'7!*+!7+27'(+7>!1'*+_7+!*"@+(+2,"$(!$7!*"Q+(7$7!;"&';')"$7!
$&($Q+77$*$7!1+;'!1'A'>!O+0!,'0'!'%&($7!1('1("+*$*+7!1+&('@S7",$7!1'(!0+"'!*$!,'2*%&"Q"*$*+!
+;E&(",$>! 1'&+2,"$;! +;+&('I%S0",'! 2$&%($;>! Q+;',"*$*+! *+! 1('1$)$A9'! *+! '2*$7! 7'2'($7! +!
,'2&+[*'!($*"'$&"Q'!+71'2&c2+'!'%!"2*%D"*'!�!F+(U>!#-9(1&3K�K!
=7!,%(Q$7!)+'@S7",$7!*"71'2SQ+"7!$&%$;0+2&+!!2$!1('71+,A9'!*+!6)%$!7%O&+((c2+$!2'!87&$*'!
*+! 49'! :$%;'! 79'! '! :'&+2,"$;! 871'2&c2+'>! N+7"7&"Q"*$*+! F'(0$;>! N+7"7&"Q"*$*+! l2*%D"*$>!
N$"'7!b$0$!=:l! +! 4k2",'!/'01+27$*'K! !877+7! 1+(@"7! )+'@S7",'7! (+)"7&($0!$7! 1('1("+*$*+7!
+;E&(",$7>!+;+&('0$)2E&",$7>!($*"'$&"Q$7!+!$,[7&",$7!*$7!(',3$7K!!87&$7!1('1("+*$*+7!29'!1'*+0!
7+(! %&";"D$*$7! *"(+&$0+2&+! 2'! ,6;,%;'! *$! 1'('7"*$*+>! 1+(0+$O";"*$*+>! 7$;"2"*$*+! *$7! 6)%$7!
"2&+(7&","$"7>!,'2&+[*'!*+!$()";$>!&"1'!*+!@;%"*'>!+&,K!!F$!(+$;"*$*+!&$"7!1('1("+*$*+7!1+&('@S7",$7!
79'!"2@+("*$7!$!1$(&"(!*'7!1$(c0+&('7!@S7",'7!0+27%($*'7!1+;'7!1+(@"7K!!!
=77"0>! $! 1'('7"*$*+! 1'*+! 7+(! +7&"0$*$! $! 1$(&"(! *+!0+*"AX+7! *'! &+01'! )$7&'! 1$($! %0$!
'2*$! +;67&",$! 1+(,'((+(! %0!,+(&'!&(+,3'!*+! (',3$h!$! 7$;"2"*$*+!1'*+! 7+(! *+("Q$*$!$! 1$(&"(! *'!
1'&+2,"$;! +;+&('I%S0",'! I%+! 7+! *+7+2Q';Q+! +71'2&$2+$0+2&+! +0! ($D9'! *'! ,'2&($7&+! 2$!
dr!
!"#$"%&%'($)"*%+,%-%.//0%1%!"#$#%&'()"(*+,*+-"./01&"("((2&).#"*3.'3&%.'/&'()#(!.+-#(4'+.+("5((67#(8'+$#9(
(
(
,'2,+2&($A9'! "k2",$! +2&(+! '! @;%"*'! *+! 1+(@%($A9'! +! 6)%$! *$! @'(0$A9'h! '! ,'2&+[*'! $()";'7'!
1'*+!7+(!+7&"0$*'!$!1$(&"(!*$!I%$2&"*$*+!*+!($*"'$&"Q"*$*+!2$&%($;!I%+!$!(',3$!1'77%">!+&,K!!!
=! "2&+(1(+&$A9'! *+! &'*'7! '7! 1$(c0+&('7! (+)"7&($*'7! 1+;'7! 1+(@"7! )+'@S7",'7! ,'2*%D! f!
*+&+(0"2$A9'! *$7! ;"&';')"$7! $&($Q+77$*$7! 1+;'! 1'A'>! *$! ;"&'+7&($&")($@"$! +! *$7! D'2$7! 0$"7!
1+(0+6Q+"7!�3"*('+7&($&")($@"$�K!
=!G")%($!s!0'7&($!,'0'!E!(+$;"D$*$!%0$!1+(@";$)+0!)+'@S7",$!+0!1'A'K!
!
!
<2Q9G;*j*k*%7895E;*45*3F5G;UV3*45*F5GO21;Q5E*43*:2F3*A3EF9:;43G2b;4;P*
!
F+7&+! &?1",'! 7+(9'! $O'(*$*'7>! *+! 0'*'! 7%06("'>! '7! 1("2,S1"'7! O67",'7! %&";"D$*'7! 2$!
$26;"7+! +! "2&+(1(+&$A9'!*$7! ,$($,&+(S7&",$7! 1+&('@S7",$7! (+)"7&($*$7! 1+;'7! 1+(@"7! )+'@S7",'7! +0!
1'A'7!*+!+R1;'($A9'!*+!6)%$!7%O&+((c2+$>!,%m'!+2&+2*"0+2&'!@'"!*+!@%2*$0+2&$;!"01'(&c2,"$!
2'!*+7+2Q';Q"0+2&'!*+7&$!1+7I%"7$K!
ds!
!"#$"%&%'($)"*%+,%-%.//0%1%!"#$#%&'()"(*+,*+-"./01&"("((2&).#"*3.'3&%.'/&'()#(!.+-#(4'+.+("5((67#(8'+$#9(
(
(
ZPZP^P^P! -5GO21*45*G;237*Q;E;**
v!'! (+)"7&('! ,'2&S2%'!*'7!1%;7'7! �@?&'27�>! +0"&"*'7!1+;$! ($*"$A9'!2$&%($;! ;"O+($*$!1+;'7!
"7?&'1'7! ($*"'$&"Q'7! 1(+7+2&+7! 2$7! (',3$7! ,"(,%2Q"D"23$7! $'! 1'A'>! (+1(+7+2&$*'7!
1("2,"1$;0+2&+! 1+;'! Y(c2"'! �Yert�>! V?("'! �V3ere�! +! :'&677"'! �asz�K! ! L+7&+7>! '! asz! E! '! 0$"7!
$O%2*$2&+! +! E!+2,'2&($*'!2'7! @+;*71$&'7! 1'&677",'7>! O"'&"&$! +! Q6("'7! $()";'_0"2+($"7! �G")%($!
t�K!!!
!
I MN J JMN K KMN O
4*'5##)*
;P$)"F/*FB($)*
;P$)"FQ$R,)*FSF!5/)*
D,"$=)&F/*#F!&)*#FG&.&FT."%UU
4$
*
@
&
@
)9)
/
&
/
"
F/
"F
"
.
)#
#A
*F
3
*
$F/
"
#)
,
'"
=
$&
V
A
*
!
<2Q9G;*l*k*%7F5A:G3*45*5E277V3*45*G;237*Q;E;*45*E2?5G;27*G;423;:2M37*X'A=19Ec5GQ5Ge*
^ghZYP*
!
=7!@+(($0+2&$7!*+!1+(@";$)+0!0$"7!$2&")$7!%&";"D$Q$0!,'2&$*'(+7!b+")+(_Wi;;+(>!I%+!79'!
$01';$7! ,'2&+2*'! %0! )67! I%+! 7+! "'2"D$! $'! 7+(! $&"2)"*'! 1'(! %0$! ($*"$A9'>! )+($2*'! %0$!
,'((+2&+! +;E&(",$! 1('1'(,"'2$;! f! "2&+27"*$*+! *+77$! ($*"$A9'K! =1(+7+2&$0>! ,'2&%*'>! O$"R$!
(+7';%A9'>!($D9'!1+;$!I%$;!7+!&'(2$($0!'O7';+&'7K! !87&+7!,'2&$*'(+7!0+*+0!'!&'&$;!*+!1%;7'7!
1'(!7+)%2*'!�,17�!2$!,3+)$*$>!7+0!;+Q$(!+0!,'2&$!$!"2&+27"*$*+!*$!($*"$A9'K!!!
=7!0'*+(2$7! @+(($0+2&$7! *+! ($"'7! )$0$!%&";"D$0!,"2&";k0+&('7>! ,'01'7&'7! *+! ,("7&$;! *+!
"'*+&'!*+!7?*"'!$&"Q$*'!1'(!&6;"'>!I%+!+0"&+!;%0"2+7,J2,"$!$1?7!7+(!$&"2)"*'!1'(!($*"$A9'K!!=!
,'((+2&+! +;E&(",$! 1('*%D"*$! 1+;$! ;%0"2+7,J2,"$! E! $01;"$*$! ,+(,$! *+! %0!0";39'! *+! Q+D+7! +!
dt!
!"#$"%&%'($)"*%+,%-%.//0%1%!"#$#%&'()"(*+,*+-"./01&"("((2&).#"*3.'3&%.'/&'()#(!.+-#(4'+.+("5((67#(8'+$#9(
(
(
(+)"7&($*$K! !=! +@","J2,"$! *'7! ,"2&";k0+&('7! E! ,+(,$!*+!dz!Q+D+7!0$"'(! *'!I%+!'7! ,'2&$*'(+7!
b+")+(_Wi;;+(>!1'*+2*'!7+(!,$;"O($*'7!*+!$,'(*'!,'0!'7!1$*(X+7!=:l!+!(+)"7&($(!'7!Q$;'(+7!
$O7';%&'7! *$! +2+()"$! ,$1&$*$>! '! I%+! ;3+7! ,'2@+(+! ,$(6&+(! I%$2&"&$&"Q'K! =! G")%($! e! ,'01$($!
1+(@"7!*+!($"'7!)$0$!(+)"7&($*'7!+0!+7,$;$!,17!+!=:lK!
/'2@'(0+! $%0+2&$!'! ,'2&+[*'!*+! +;+0+2&'7! ($*"'$&"Q'7!2$7! (',3$7>!0$"'(! E! '! Q$;'(! *'!
(+)"7&('!@+"&'!1+;$!@+(($0+2&$!*+!($"'7!)$0$K!!#7!@';3+;3'7!79'>!+0!)+($;>!$!;"&';')"$!I%+!0$"7!
,'2,+2&($!0"2+($"7! ($*"'$&"Q'7>! "7&'! 1'(I%+! &+2*+0!$! @"R$(! '! +;+0+2&'!1'&677"'K!8Q$1'("&'7!
1'&677",'7>! +! $7! (',3$7! ,("7&$;"2$7! (",$7! +0! 1'&677"'! &+2*+0! $! $1(+7+2&$(! +;+Q$*$!
($*"'$&"Q"*$*+K!L+!0'*'!)+($;>! "2,;%7X+7!*+!0$&+("$"7!Q%;,c2",'7!$%0+2&$0!$!($*"'$&"Q"*$*+!
*$7!(',3$7K!='!,'2&(6("'>!'7!$(+2"&'7!;"01'7!+!,$;,6("'7!1'77%+0!O$"R$!($*"'$&"Q"*$*+K! !B6!'7!
$(+2"&'7! $()";'7'7! +! 7";&"&'7! 1'77%+0! ($*"'$&"Q"*$*+7! "2&+(0+*"6("$7K! ! /'0'! (+@+(J2,"$>!
1'*+0'7!'O7+(Q$(!$;)%27!Q$;'(+7!0E*"'7!*+!($"'7!)$0$!=:l!2$!V$O+;$!dK!
!
+;c51;*^T*$;13G57*45*G;237*Q;E;*)-#*45*G5O5GB?A2;*F;G;*;1Q9E;7*G3A=;7*X'A=19Ec5GQ5Ge*
^ghZYP*
&3A=;* &@*)-#*
/$(Q9'! z!
T$;"&$!�F$/;�! z!
b"17"&$!�/$4#s�! z!
=2"*("&$!�/$4#s�Te#�! z!
/$;,6("'! t!<!dz!
L';'0"&'! dz!<!ez!
=(+2"&'!;"01'! dz!<!rz!
=(+2"&'!$()";'7'! rz!<!st!
G';3+;3'! sz!<!dsz!
4";Q"&$!�a/;�! �!tzz!
!
!
/'27"*+($2*'! %0$! @'(0$A9'! ,'2&+2*'! +R,;%7"Q$0+2&+! %0! [2",'!0"2+($;! ($*"'$&"Q'>! ! $!
;+"&%($!@+"&$!1+;'!1+(@";!*+!($"'7!)$0$!�bN�!7+(6!1('1'(,"'2$;!$-!
?5
.
5I5!C
ρ
ρ−= !
'2*+!ρ5!E!$!*+27"*$*+!*'!0"2+($;!($*"'$&"Q'>!I5!E!'!7+%!Q';%0+>!ρ.!E!$!*+27"*$*+!*$!
@'(0$A9'!+!?5!E!'!@$&'(!*+!1('1'(,"'2$;"*$*+!+71+,S@",'!*'!0"2+($;!($*"'$&"Q'!1(+7+2&+K!
#!1+(@";!*+!($"'7! )$0$!7+!,'27&"&%"!2%0!*'7!0+;3'(+7! "2*",$*'(+7! ;"&';?)",'7!+0!(',3$7!
7+*"0+2&$(+7>!%0$!Q+D!I%+!1'*+!*"7&"2)%"(!$(+2"&'7!+!,$;,6("'7!*+!@';3+;3'7>!*+7*+!I%+!'7!*'"7!
du!
!"#$"%&%'($)"*%+,%-%.//0%1%!"#$#%&'()"(*+,*+-"./01&"("((2&).#"*3.'3&%.'/&'()#(!.+-#(4'+.+("5((67#(8'+$#9(
(
(
1("0+"('7! &"1'7! 29'! +7&+m$0! ,'2&$0"2$*'7! 1'(! 0"2+($"7! ($*"'$&"Q'7K! ! 80! 3"*(')+';')"$>! E!
%&";"D$*'!1$($!*"7&"2)%"(!$7!,$0$*$7!$(+2'7$7!1'%,'!$()";'7$7>!1+(0+6Q+"7>!I%+!,'27&"&%+0!'7!
$IiS@+('7>!%0$!Q+D!I%+!+;+Q$*'7!&+'(+7!*+!$()";$!*"0"2%+0!*($7&",$0+2&+!$!1'('7"*$*+!+@+&"Q$!
+!1+(0+$O";"*$*+!*+77$7!(',3$7!�=;)+(>!d{uu�K!
!
!
ZPZP^PZP! -5GO21*45*F3:5?A2;1*57F3?:d?53*
#!1+(@";!*+!1'&+2,"$;!+71'2&c2+'>!,'23+,"*'!,'0'!4:!�6-#=3'="#+*(8#3"=3&'$�>!(+)"7&($!$!
*"@+(+2A$! *+! 1'&+2,"$;! +;E&(",'! 2$&%($;! +2&(+! %0! +;+&('*'! 0?Q+;! $'! ;'2)'! *'! 1'A'! +! %0!
+;+&('*'!*+!1'&+2,"$;!@"R'>!1'7","'2$*'!2$!7%1+(@S,"+!*'!&+((+2'K!
=7!*+@;+RX+7!2$!,%(Q$!*'!4:!79'!'(")"2$*$7>!1("2,"1$;0+2&+>!1+;$!*"@+(+2A$!*+!7$;"2"*$*+!
+2&(+!$!;$0$!*+!1+(@%($A9'!+!'7!@;%"*'7!*$!@'(0$A9'!+!!1+;$!1(+7+2A$!*+!@';3+;3'7!I%+!$&%$0!,'0'!0+0O($2$7!,$&"k2",$7!7+;+&"Q$7!�1'&+2,"$;!+;+&('I%S0",'�K!4+!$!@'(0$A9'!E!1+(0+6Q+;!+!
29'!$()";'7$>!'!1'&+2,"$;!+;+&('I%S0",'!&'&$;!�81�!)+($*'!1'(!+77+7!*'"7!@+2k0+2'7!+I%"Q$;+!$-!
!
'5/
'OX;- ;')−= !
!
'2*+!'O!+!'5/!,'((+71'2*+0!f!$&"Q"*$*+!I%S0",$>!(+71+,&"Q$0+2&+!*$!6)%$!*+!@'(0$A9'!+!
*'! @";&($*'! *$! ;$0$>! +! X! E! %0! ,'+@","+2&+! *+! 1('1'(,"'2$;"*$*+>! (+;$,"'2$*'! $'! &"1'>!
,'2,+2&($A9'!+!&+01+($&%($!*$!7';%A9'!7$;"2$K!!
T$Q+2*'! *"@+(+2A$! 2$! ,'2,+2&($A9'! "k2",$! +2&(+! $! 6)%$! *$! @'(0$A9'! +! '! @;%"*'! *+!
1+(@%($A9'! +! 7+2*'! $7! (',3$7! 1+(0+6Q+"7>! 3$Q+(6! 0")($A9'! *+! S'27! *$! 7';%A9'! 0$"7!
,'2,+2&($*$!1$($!$!0+2'7!,'2,+2&($*$>!'(")"2$2*'!%0$!,'((+2&+!+;E&(",$K!!4+!$7!(',3$7!@'(+0!
"01+(0+6Q+"7!29'!','((+(6!$!0")($A9'!*+!S'27K!!:'(&$2&'>!$!,%(Q$!*'!4:!@'(2+,+!%0$!"*E"$!*$!
,$1$,"*$*+!*+!&(',$!"k2",$!+>!,'27+Ii+2&+0+2&+>!*$!1+(0+$O";"*$*+!*$!@'(0$A9'!�G")%($!u�K!
#!4:!E!*"&'!2+)$&"Q'!7+>!(+;$&"Q$0+2&+>!3'%Q+(!$,[0%;'!*+!,$()$7!2+)$&"Q$7!2$!1$(+*+!*'!
1'A'K!V$;!7"&%$A9'!','((+!@(+2&+!$!,$0$*$7!1+(0+6Q+"7!,'0!6)%$!*+!@'(0$A9'!(+;$&"Q$0+2&+!
0$"7!7$;)$*$7!*'!I%+!'!@;%"*'!*+!1+(@%($A9'>!*$2*'_7+!$7!*+@;+RX+7!*'!4:!f!+7I%+(*$K!4+(6!
*"&'!1'7"&"Q'!7+!+7&+!$,[0%;'!@'(!*+!,$()$7!1'7"&"Q$7!2$!1$(+*+!*'!1'A'K!!F+7&+!,$7'>!$!6)%$!*+!
@'(0$A9'!*$7!,$0$*$7!1+(0+6Q+"7!E!0+2'7!7$;"2$!*'!I%+!'!@;%"*'!*+!1+(@%($A9'>!*$2*'_7+!$7!
dx!
!"#$"%&%'($)"*%+,%-%.//0%1%!"#$#%&'()"(*+,*+-"./01&"("((2&).#"*3.'3&%.'/&'()#(!.+-#(4'+.+("5((67#(8'+$#9(
(
(
*+@;+RX+7! *'! 4:! f! *"(+"&$K! N+77$;Q$_7+! I%+! "2Q+(7X+7! 1('1'7"&$"7! *+! 1';$("*$*+! 2'!
+I%"1$0+2&'! (+)"7&($*'(! &$0OE0! 1('Q',$0! "2Q+(7X+7! *$7! ,%(Q$7K! G(+2&+! $! @'(0$AX+7!
$()";'7$7! "01+(0+6Q+"7! 29'!','((+0!*+@;+RX+7! �;"23$!O$7+!*+! @';3+;3'7�K! ! :'(! '%&('! ;$*'>! $!
1(+7+2A$!*+!$()";$!*"71+(7$!2$7!,$0$*$7!$(+2'7$7!(+*%D+0!$7!*+@;+RX+7!*'!4:K!
!
+6!4/0D0=>3
.@
+6!4/0D0=>3
O7<M1!23!+6
9<4C=03
[38Y48Y3
[38Y48Y3
[38Y48Y3
9<4C=03
\3C1!=CM12=21
\3C1!=CM12=21
]1:@53!24
=/381P53
[87^3!24
>3<<4C04/
+6!4/0D0=>3W!@304C>=18!R71C23!>3<<4C04/
/53!=:@42=21/!24!S87=<
O7<M1!+6W!R71C23!1/!>3<<4C04/!S874:
_
_
_
_
_
_
_
_
_
_
_
_
_
_
_
_
_
_
_
_
_
_
_
_
_
_
_
_
_
_
_
_
_
_
_
_
_
_
_
_
_
_
_
_
_
_
_
_
H
H
H
H
H
H
H
H
H
H
H
H
H
H
H
H
H
H
H
H
H
H
H
H
H
H
H
H
H
H
H
H
H
H
H
H
H
H
H
H
H
H
H
H
H
H
H
H
[38Y48Y3
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
_
_
_
_
_
_
_
_
_
_
_
_
_
_
_
_
N.6N.+.`]9abE!.+cd.BG]LO9!eE!6E]. ÒL9V!.!eL+]NLAdLabE!
e9+!OENN.`].+!.Vf]NLO9+!9E!N.eEN!e.!O9B9e9+!6.NB.Gg.L+
!
!
<2Q9G;*q*T*&5FG575?:;UV3*57895E`:2A;*43*F3:5?A2;1*5*427:G2c92UV3*4;7*A3GG5?:57*51p:G2A;7*
;3*G543G*45*A;E;4;7*F5GE5`M527*XE342O2A;43*45*'A=19Ec5GQ5Ge*^ghZYP*
!
dy!
!"#$"%&%'($)"*%+,%-%.//0%1%!"#$#%&'()"(*+,*+-"./01&"("((2&).#"*3.'3&%.'/&'()#(!.+-#(4'+.+("5((67#(8'+$#9(
(
(
=7!*+@;+RX+7!*'!4:!79'>!1'(&$2&'>!@%2A9'!*'!,'2&($7&+!+2&(+!$7!(+7"7&"Q"*$*+7!*$!6)%$!*+!
@'(0$A9'! +! *'! @;%"*'! *+! 1+(@%($A9'K! ! T$Q+2*'! ")%$;*$*+! *+! 7$;"2"*$*+! +2&(+! '7! (+@+("*'7!
@;%"*'7>!29'!3$Q+(6!*+@;+R9'!*'!4:>!0+70'!@(+2&+!$!,$0$*$7!1+(0+6Q+"7K!!
#!4:!E!%&";"D$*'!+0!3"*(')+';')"$!1$($!"2*",$(!,$0$*$7!1+(0+6Q+"7>!*+;"0"&$(!&'1'!+!O$7+!
*+! @'(0$AX+7>! +7&"0$(! $! (+7"7&"Q"*$*+! *$! 6)%$! *+! @'(0$A9'! +! $%R";"$(! 2$! "2&+(1(+&$A9'! *+!
$0O"+2&+7! *+1'7","'2$"7K! ! /'0'! &'*$! &E,2",$! *+! $26;"7+! I%$2&"&$&"Q$! *+77$! @+(($0+2&$! @'"!
*+7+2Q';Q"*$!1$($! $0O"+2&+! 1+&(';S@+('>! '2*+!'! 7$;! 1(+*'0"2$2&+! 2$7! @'(0$AX+7! E!F$/;>! '7!
,6;,%;'7!$2$;S&",'7!*+Q+0!;+Q$(!+0!,'2&$!'!&"1'!3"*('I%S0",'!1(+7+2&+!2$!6(+$!1+(@";$*$>!*+!
0'*'!$!@$D+(!$7!,'((+AX+7!2+,+776("$7K!!
!
!
ZPZP^P\P! -5GO21*45*G5727:2M24;45*
#7!1+(@"7!*+!(+7"7&"Q"*$*+!0+*+0!$!(+7"7&J2,"$!f!1$77$)+0!*$!,'((+2&+!+;E&(",$!$&($QE7!*+!
%0!1$,'&+!*+!(',3$7>!'O+*+,+2*'!$!P+"!*+!#30!I%+!*+&+(0"2$-!
6
WC. = !
'2*+!(!!E!$!(+7"7&J2,"$!+;E&(",$!�'30�>!4!$!6(+$!&($27Q+(7$;!�0��>!P!'!,'01("0+2&'!�0�!+!N!$!
(+7"7&"Q"*$*+!�'30K0�g0!'%!'30K0�K!
#7!&"1'7!*+!1+(@"7!%&";"D$*'7!2$!1+7I%"7$!*+!6)%$!7%O&+((c2+$!79'!*+!(+7"7&"Q"*$*+!$1$(+2&+!
�N4F�! +! "2*%D"*$! �lP�K! ! =&E! @"2$;! *'7! $2'7! {z>! +($! %&";"D$*'! 7'0+2&+! %0! '%&('! 1+(@";>!
*+2'0"2$*'!(+7"7&J2,"$!�NV/�K!
#7! 1+(@"7! *+! (+7"7&"Q"*$*+! $1$(+2&+! 1'77%+0! %0! $(($2m'! *+! +;+&('*'7! *+! +0"779'! +!
(+,+1A9'!*+!,'((+2&+!+;E&(",$>!,'2@'(0+!0'7&($*'!2$!G")%($!xK!!F+7&+7>!%0$!,'((+2&+!*+!O$"R$!
@(+IiJ2,"$! +! "2&+27"*$*+! ,'27&$2&+! E! +2Q"$*$! *'! +;+&('*'! =>! *+! 0$"'(! 1'&+2,"$;>! 1$($! '!
+;+&('*'!5>!*+!0+2'(!1'&+2,"$;>!+!0+*"*$!2'7!+;+&('*'7!W!+!F>!,'0!+71$A$0+2&'!,'23+,"*'K!!
#7!+;+&('*'7!=!+!5!79'!,3$0$*'7!*+!+;+&('*'7!*+!,'((+2&+>!+2I%$2&'!'7!+;+&('*'7!W!+!F!79'!
,3$0$*'7!*+!+;+&('*'7!*+!1'&+2,"$;K!
87&+! 7"7&+0$! *+! $(($2m'! *+! +;+&('*'7! *'7! 1+(@"7! *+! (+7"7&"Q"*$*+! $1$(+2&+! E! ,3$0$*'! *+!
F'(0$;K! ! 4+! $! *"7&c2,"$! =_W! @'(! ")%$;! $! du! 1';+)$*$7>! E! *"&'! F'(0$;! /%(&'>! +! 7+! @'(! us!
1';+)$*$7>!E!*"&'!F'(0$;!P'2)'K!!87&+!$(($2m'!E!0%"&'!"2@;%+2,"$*'!1+;$!;$0$!*+!1+(@%($A9'>!
d{!
!"#$"%&%'($)"*%+,%-%.//0%1%!"#$#%&'()"(*+,*+-"./01&"("((2&).#"*3.'3&%.'/&'()#(!.+-#(4'+.+("5((67#(8'+$#9(
(
(
1'(! "2Q$79'! *+! @";&($*'! *+! ;$0$>! +&,>! $;E0! *+! 2+,+77"&$(! *+! %0! 0+"'! ,'2*%&"Q'! 1$($!
&($270"779'!*$!,'((+2&+!+;E&(",$K!
!
!
����
����
������ �������
�������
��
��
�����
������
��
��
�������������������������
����������
��
��
��������������
��
���
�����������
����������������������������������������������
����
�����
�������������������
�������������������
��
���
�����������
����
����
�����������������������
���
����
�����������������������������������������������������
��
������������������������������������������������
�����
����� ������
������
��
��
������������������������������������������������������� ����������������������������������������������������������������������
�����������������������������������������������������������������������������������
������������������������������������������������������������������������
��
��������������������������������������������������
��������������������������
���
���
������
����
���������������������������
��������������������������������������������
�����
��
������������������������������������������
������
������
����
����
����
����������� �� �����������������������������������������������������������������������������
����
����
������
������
������
�������
������������������������������������������������������������������������������������������������������� ���������������������������������������������������� �������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������
����������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������
�����������������������
��������
����������������������������������������������������
��
���������
���
�����������������������������������������������������������������������������������������������������������������������������������������
��������
�����������������������������������������������������������������������������������������������������������������������������������������������������������������������
����
�������������������������������������������������
����
��������������������������������������������������������
�����
�����
���
���
������
������������������������������������
����
����
�����
�������
����
�����
�
��������������������
������
����
����
�����
�����
������������
�������
�����
�����
��
��
������������������
���������
�������������������������������
�
�����������
��������������
��
���
�����������
���������������������������������������������������
����
�����
�������������������
������������
�������
����������������������������������
�����
��
�����������
������������������
��
����
��������������
���
���
����������������������������
���
����
���������������
��
��
���
���
����������������
��������
���
���
����
����
�������������������
�������������
����
����
�����������������������
�����
��
�����������������
����
�������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������
������������
����
�������������������������������������������������������
�����
�������������������������������������������
���
���
�����������
����������������������������������������
��
������������������������������������������������������������������������
��
������������������������������������������������������������
����
�������������
���
���������������������������
����
������������������������������������������������������������������������������
���
�������������������������������������������������������������������������������������������
�����
����������������������������������������������������������������������
��
�����������������������������������������������������������
�����������������
���������������������������������������������������������������
��
������
��
��
�����
�����
����
����
��
��
������������
������������������������
�����
�����
�������
�
���
�����������������
����
����
����������
��
���
����������������������������������
��������
�����������������
������
�
��
�������������
�����
�����
���������������
�����������
����
����
��
��
��������
����������
����
����
��������������
�����
��
���������������������
����������������������������������������
��������������������������������������
������������������������������������������������
��
����
��������������������������������
!
<2Q9G;* h* T* )GG;?i3* 45* 515:G3437* F;G;* E542UV3* 45* G5727:2M24;457* E91:2515:G3437* 5E*
:57:5E9?=3*5*5E*F3U37*XE342O2A;43*45*"5Gre*^gglYP*
!
#7!1+(@"7!*+!(+7"7&"Q"*$*+!"2*%D"*$!�lP�!@'($0!"2&('*%D"*'7!Q"7$2*'!+;"0"2$(!+@+"&'7!;$0$_
1'A'K!!=!@+(($0+2&$!*+!"2*%A9'!,'27&$!*+!*%$7!O'O"2$7>!%0$!&($270"77'($!+!'%&($!(+,+1&'($K!!
=!O'O"2$! &($270"77'($! E! $;"0+2&$*$!1'(! %0$! ,'((+2&+! *+! "2&+27"*$*+!+! @(+IiJ2,"$! �ez!CTD�!
,'27&$2&+7>! 1('*%D"2*'! %0! ,$01'! 0$)2E&",'! 1("06("'! I%+! @;%"! ,'$R"$;0+2&+! $'! 1'A'!
�1+(1+2*",%;$(! $'! +"R'!*$!O'O"2$�K! !='!1+2+&($(! 2$7! (',3$7>!+7&+!,$01'!1("06("'! "2*%D!2'7!
@;%"*'7!,'2*%&'(+7!%0$!,'((+2&+!+;E&(",$!I%+>!1'(!7%$!Q+D>!*+7+2Q';Q+!%0!,$01'!0$)2E&",'!
7+,%2*6("'>!,'0!"2&+27"*$*+!1('1'(,"'2$;!f!,'2*%&"Q"*$*+!+;E&(",$!*$7!(',3$7K!!j%$2&'!0+2'(!
$! ,'2*%&"Q"*$*+!*$! (',3$>!0+2'(! '! ,$01'! 7+,%2*6("'!'(")"2$*'K! !87&+! ,$01'! 7+,%2*6("'! E!
+2&9'!(+)"7&($*'!2$!O'O"2$!(+,+1&'($!�G")%($!y�K!
ez!
!"#$"%&%'($)"*%+,%-%.//0%1%!"#$#%&'()"(*+,*+-"./01&"("((2&).#"*3.'3&%.'/&'()#(!.+-#(4'+.+("5((67#(8'+$#9(
(
(
=7!;"0"&$AX+7!*+7&+!&"1'!*+!1+(@";!+7&9'!(+;$,"'2$*$7!$!1'A'7!1+(@%($*'7!,'0!;$0$!0%"&'!
7$;)$*$>! f! "2Q$79'! 0%"&'! 1('@%2*$! +! f! 1(+7+2A$! *+! (',3$7! ,'0! (+7"7&"Q"*$*+! 0%"&'! $;&$K!!
N',3$7!,'0!(+7"7&"Q"*$*+!$,"0$!*+!tzz!'30K0!29'!79'! 7$&"7@$&'("$0+2&+!I%$2&"@",$*$7!+!$7!
;+"&%($7! 'O&"*$7! *+Q+0! 7+(! ,'((")"*$7K! ! #! ($"'! *+! "2Q+7&")$A9'! *+7&$! @+(($0+2&$! $&"2)+! uz!
1';+)$*$7! �d>t!0�>! 1'(&$2&'>! 7+! '! *"c0+&('!*+! "2Q$79'! @'(! "2@+("'(! $! d>t!0!+!$! +71+77%($!*$!
,$0$*$!&$0OE0!@'(!0$"'(!*'!I%+!d>t!0>!'!1+(@";!"2*%A9'!@'(2+,+!$!(+7"7&"Q"*$*+!*$7!,$0$*$7!
,'0!O$7&$2&+!1(+,"79'K!
!
A3K=C1!<4>4@03<1
N4S4<4C>=18!24
@<3S7C2=2124
9C48!7C=0D<=3!24!<3>Y1
9:@8=S=>123<
E/>=8123<
A3K=C1!0<1C/:=//3<1
!
<2Q9G;* s* T* %7895E;* 72EF12O2A;43* 45* 9E* 727:5E;* 45* 49;7* c3c2?;7* 43* F5GO21* 2?49UV3*
XE342O2A;43*45*"5Gre*^gghYP*
!
#!1+(@";!*+!(+7"7&J2,"$!+;E&(",$!�NV/�!E!%0!7"7&+0$!0'2'+;+&('*'>!'2*+!$!,'((+2&+!+;E&(",$!
E!+2Q"$*$!1+;'!,$O'!*+!1+(@";$)+0!$&E!'!+;+&('*'!*+2&('!*'!1'A'>!+71$;3$2*'_7+!+0!&'*$7!$7!
*"(+AX+7!$&($QE7!*$7!(',3$7>!+!(+&'(2$2*'!$!%0!+;+&('*'!+7&$,"'26("'!2$!7%1+(@S,"+K!!=7!;+"&%($7!
'O&"*$7!2'!1+(@";!29'!1'*+0!7+(!%&";"D$*$7!1$($!$26;"7+7!I%$2&"&$&"Q$7>!$1+2$7!I%$;"&$&"Q$7K!
80! )+($;>! 2%0$!'1+($A9'!*+!1+(@";$)+0!*+!1'A'! 79'! @+"&$7! *%$7! ,%(Q$7! 7"0%;&c2+$7!*+!
(+7"7&"Q"*$*+-! $! 2'(0$;! ,%(&$! +! $! "2*%A9'K! ! /'0'! (+@+("*'! $2&+("'(0+2&+>! $! (+7"7&"Q"*$*+!
2'(0$;!,%(&$!;J!0%"&'!1(?R"0'!f!1$(+*+!*'!1'A'>!7+2*'!1'"7>!$@+&$*$!1+;$!;$0$!*+!1+(@%($A9'>!
D'2$!"2Q$*"*$!+!D'2$!Q"()+0K!!B6!$!(+7"7&"Q"*$*+! "2*%D"*$! "2Q+7&")$!+0!0$"'(!1('@%2*"*$*+>!
ed!
!"#$"%&%'($)"*%+,%-%.//0%1%!"#$#%&'()"(*+,*+-"./01&"("((2&).#"*3.'3&%.'/&'()#(!.+-#(4'+.+("5((67#(8'+$#9(
(
(
7+2*'!0%"&'!1'%,'!$@+&$*$!1+;$!;$0$!*+!1+(@%($A9'!+!D'2$!"2Q$*"*$K! !87&$!7"&%$A9'!@$D!,'0!
I%+>! @(+2&+! $! D'2$7!1+(0+6Q+"7>! +R"7&$! %0$!*"@+(+2A$! +2&(+! '7! Q$;'(+7! *+! (+7"7&"Q"*$*+! ;"*'7!
1+;$7! *%$7! ,%(Q$7K! ! L+77$! @'(0$>! +7&+! 1+(@";! ,'27&"&%"_7+! 2%0! "2*",$*'(! *+! 1+(0+$O";"*$*+K!!
G(+2&+! $! D'2$7! 1'%,'! 1+(0+6Q+"7>! 29'! ','((+2*'! "2Q$79'! *'! @";&($*'! *$! ;$0$! @'(0$A9'!
$*+2&('>!+77$7!*%$7!,%(Q$7!*+Q+0!$1(+7+2&$(!Q$;'(+7!7"0";$(+7K!
80!3"*(')+';')"$>! $! ,%(Q$!*+! (+7"7&"Q"*$*+! E!0%"&'! "01'(&$2&+! *+Q"*'! f7! ,$($,&+(S7&",$7!
$O$"R'!(+;$,"'2$*$7K!
• ! =I%S@+('7! 1'(&$*'(+7! *+! 6)%$! *',+! +! (',3$7! ,'01$,&$7! �1'%,'! 1'('7$7�!
$1(+7+2&$0!(+7"7&"Q"*$*+7!0%"&'!$;&$7>!(+;$&"Q$0+2&+!f7!'%&($7!@'(0$AX+7K!
• ! =I%S@+('7! 1'(&$*'(+7! *+! 6)%$! 7$;)$*$! $1(+7+2&$0! (+7"7&"Q"*$*+7!1(?R"0$7! f7! *$7!
$()";$7K!
• ! =7!+71+77%($7!*$7!,$0$*$7!1'*+0!7+(!*+&+(0"2$*$7!,'0!O'$!1(+,"79'K!
• ! =I%S@+('7! ,'2&+2*'! $()";'_0"2+($"7! *"71+(7'7! &+2*+0! $! $1(+7+2&$(! (+7"7&"Q"*$*+7!
0$"7!O$"R$7>!"7&'!1'(!I%+!$7!$()";$7!$1(+7+2&$0!,$()$7!+;E&(",$7!+0!7%$!7%1+(@S,"+!
I%+!@$,";"&$0!$!1$77$)+0!*$7!,'((+2&+7!+;E&(",$7!�79'!,'2*%&'($7�K!
• ! 8R1+("0+2&'7! +0! ;$O'($&?("'! ,'2@"(0$0! I%+! $! (+7"7&"Q"*$*+! *$7! @'(0$AX+7!!
$%0+2&$! ,'0! '! $%0+2&'! *$! )($2%;'0+&("$! *'7! 7+*"0+2&'7>! $77"0! ,'0'! $!
1+(0+$O";"*$*+!�4,3;%0O+()+(>!d{xs�K!
L+77+!0'*'>! $7!0+;3'(+7! D'2$7! $IiS@+($7! 79'! "2*",$*$7!1+;$7!0$"'(+7! (+7"7&"Q"*$*+7! +0!
1+(@";>!+R,+A9'!f7!D'2$7!*+!1'('7"*$*+!0%"&'!(+*%D"*$!�4,3;%0O+()+(>!#-9(1&39�!
!
!
ZPZP^PjP! -5GO21*7t?2A3*39*;A07:2A3*
#! 1+(@";! 7k2",'! ,'27"7&+! 2'! (+)"7&('! *'! &+01'! +0! I%+! %0$! '2*$! 7'2'($! *+0'($! $!
$&($Q+77$(! %0! "2&+(Q$;'! *+! (',3$! *+! %0! �1E�! *+! ,'01("0+2&'! �rz>sy! ,0�K! ! 87&+! &+01'! *+!
&(c27"&'! E! ,3$0$*'!*+!δ&!+! (+)"7&($*'>! 7+)%2*'!'7! 1$*(X+7!=:l>! +0!0",('77+)%2*'7g1EK!=7!
@+(($0+2&$7! $&%$"7! *"71X+0! *+! e! &($270"77'(+7! +! e! '%! s! (+,+1&'(+7>! ,'0! $! @"2$;"*$*+! *+!
0"2"0"D$(!'%!,'01+27$(!$7! "2&+(@+(J2,"$7!'(")"26("$7!*'!1(?1("'!1'A'!2$!,3+)$*$!*$7!'2*$7!
7'2'($7>!7+2*'!1'(!"77'>!*+2'0"2$*$7!*+!1+(@";!7k2",'!,'01+27$*'!�G")%($!{�K!
!
ee!
!"#$"%&%'($)"*%+,%-%.//0%1%!"#$#%&'()"(*+,*+-"./01&"("((2&).#"*3.'3&%.'/&'()#(!.+-#(4'+.+("5((67#(8'+$#9(
(
(
B32483!24!'!<4>4@03<4/
[38Y48Y3
[38Y48Y3
9<4C=03
.C
4<
h=
1!
1 >
i/
0=>
1
0"
0'
!0!j!0 X0" '
]<1C/:=//3<
N4>4@03<
63P3
+3C21
!
<2Q9G;*g*T*%7895E;*72EF12O2A;43*45*G5Q27:G3*43*F5GO21*7t?2A3*XE342O2A;43*45*"5Gre*^gglYP*
!
#! &+01'! *+! &(c27"&'! )%$(*$! %0$! +7&(+"&$! ,'((+;$A9'! ,'0! $! 1'('7"*$*+! &'&$;! *$! (',3$K!!
j%$2&'!0$"'(!$!1'('7"*$*+>!0$"'(!I%$2&"*$*+!*+!@;%"*'!�6)%$�!I%+!1(++2,3+!'7!1'('7!*$!(',3$!
+!0$"'(! '! &+01'!*+! &(c27"&'! *$!'2*$! 7'2'($!1$($!$&($Q+77$(! +7&+!0$&+("$;K! !j%$2&'!0+2'(!'!
&+01'!*+!&(c27"&'>!0+2'(!7+(6!$!1'('7"*$*+!*$!(',3$K!!:$($!@'(0$AX+7!7+*"0+2&$(+7!@+,3$*$7>!!

Continue navegando