à 32-$='8Ã6$02&+2'2:(*2à 'DWDÃSURGXNFMLÃ

Podobne dokumenty





%Ã'$1(Ã,'(17<),.$&<-1(Ã


Ã1XPHUÃ,GHQW\ILNDFMLÃ3RGDWNRZHMÃVNáDGDM FHJRÃLQIRUPDFM ÃÃ. Ã5RG]DMÃSRGPLRWXÃRSRGDWNRZDQLDÃÃ]D]QDF]\üÃZáD FLZ\ÃNZDGUDWÃ



6NáDGDM F\Ã )RUPXODU]Ã SU]H]QDF]RQ\Ã GODÃ RVyEÃ IL]\F]Q\FKÃ E G F\FKÃ ZáD FL SRVLDGDF]DPLÃ VDPRLVWQ\PLÃ QLHUXFKRPR FLÃ OXEÃ RELHNWyZÃ EXG

V ]D RV Z /XEÃ]DZLHV]HQLHPÃ ]Ã]DZLHV]HQLHPÃ SQHXPDW\F]Q\PÃ. 'RSXV]F]DOQDÃÃ PDVDÃFDãNRZLWDÃ. UÍZQRZDëQHÃ PQLHMÃ





Z\SURGXN. ZãÜF SRVLDGD V\VWHPÃHN (852

52'=$-Ã,Ã'2386=&=$/1$Ã0$6$Ã&$à.2:,7$Ã '0&Ã32-$='8Ã6$02&+2'2:(*2Ã. WRQÃZá F]QLHÃÃ. 7(5(1,(Ã*0,1<Ã-$%à21.$Ã ]DZLHV]HQLDÃRVLÃ ,QQHÃV\VWHP\Ã.



,1)250$&-$Ã2Ã*5817$&+Ã VNáDGDQDÃSU]H]ÃRVRE\ÃIL]\F]QHÃ

,QQHÃV\VWHP\Ã ]DZLHV]HQLDÃRVLÃ MH]GQ\FKÃ ]DZLHV]HQLHPÃX]QDQ\PÃ ]DÃUÍZQRZDëQHÃ 6WDZNDÃSRGDWNRZDÃ ]Ã]DZLHV]HQLHPÃ SQHXPDW\F]Q\PÃOXEÃ


%Ã2.2/,&=12 &,ÃÃ32:2'8- &(ÃÃ.21,(&=12 ûãã=à2 (1,$ÃÃ,1)250$&-,ÃZáD FLZHÃ]D]QDF]\üÃ



/SÃ :\V]F]HJÍOQLHQLHÃ ']LDã



y Z U R . U ] F]R U ]D N R W R U Q N D D QyZ % RJG *Ã3DZOLND Ã2VWU\V] *Ã6XUJRZD *Ã= EDORZD *Ã.RWR *Ã*RU\OND à\vdã*yud *Ã6\UNyZND *Ã0DJXUD *Ã3DUV]\ZND


±ÃZáD FLZDÃSROLW\NDÃSU]HVWU]HQQD

SENAT RZECZYPOSPOLITEJ POLSKIEJ V KADENCJA SPRAWOZDANIE. KOMISJI 867$:2'$:67:$,35$:25='12&, oraz KOMISJI SPRAW ZAGRANICZNYCH

0,(6=.$1,2:$Ã NR PXQDO QHJ RÃ 38%/,&=1$Ã U]ÜG RZHMÃ. 2GV]NRGR ZD QLH Ã]DÃ ]QL V] F]RQ \ÃVSU]àWÃ NR PSXWHURZ\Ã. 326,$'$-Û&<&+Ã262%2:2æ&,Ã

1.4.2 Dzia³alno æ gospodarcza 1.4. Sytuacja demograficzna i spo³eczno-ekonomiczna Po- wiatu Tatrzañskiego1 Rysunek 4.


WZÓR... OFERTA 25*$1,=$&-,32=$5='2:(-32'0,278-('1267., ORGANIZACYJNEJ* REALIZACJI ZADANIA PUBLICZNEGO.... (rodzaj zadania) w okresie od... do...

Ś Ż ć Ą Ż Ż ć Ś Ż Ą Ż Ą ľ Ś ć Ś Ś ć Ś ć ě Ż Ż Ż Ż Ż Ź Ż Ż Í

WYNIKI LOSOWANIA. Poniżej znajdą Państwo listę zwycięzców. Tabela zawiera zwycięskie Numery Identyfikacyjne uczestników.

6WUXNWXUDÃX \WNRZDQLDÃJUXQWyZ ZÃJPLQLHÃ3526=2:,&(

Podręcznik użytkownika. Satellite

*+",-./&$%&- 0!"-!/&$%&' -+!"#$%&'(!"#$%&' -+. &-0+$%&'12, STUSVUVWWX 0'$YZ



ć ż ż ć Ą ż ż Ł ć Ż ż Ż Ż Ż Ż

SENAT RZECZYPOSPOLITEJ POLSKIEJ V KADENCJA. Warszawa, dnia 3 sierpnia 2005 r. Druk nr 1074


Semafory w systemie Unix

Rozbrojenie jest głównym

SENAT RZECZYPOSPOLITEJ POLSKIEJ V KADENCJA. Warszawa, dnia 18 marca 2004 r. SPRAWOZDANIE KOMISJI ROLNICTWA I ROZWOJU WSI

!"#$%&' () *+, -./01 " 2%& %&9: ; : A: BCD E ;0%&; " FGHI9 0 8 JKL MN;O 1 BG4 PQRS F TUVG4WHXY P P P Z[P0\] P^_ G`abc 2 1 B %& \];* *+ J

ż ć ż ż Ż ą Ż ą ą ą ą ń ą Ż ą ą ń ą ą ą Ż ą ć ą Ś Ż ą Ę ą ń ż ż ń ą ą ą ą Ż

o partnerstwie publiczno-prywatnym.

ĺ ą Ł ĺĺ ĺ ĺĺĺ ĺ ĺ ę Żĺ ĺĺĺĺ ę ĺ ĺ ĺĺ ĺ ą ę ś Ść Ą ę ę ś ś ś ę ý ś ż ę ś ý ę ę ń ę ą Ż ę ę ý ś ń ą ĺ ż ż ś ć ż Ż ś ć ś ś ś ą ę ś ę ę Ś ęś ś ś ś ę ęć ż

Ę

Ę ć ć Ę Ą Ę


ź ś Ś Ę Ż ść ś ś Ż Ż ś Ż Ż

1. PARAMETRY TECHNICZNE WAG NAJAZDOWYCH.

1DSRGVWDZLHQLQLHMV]HJR3URVSHNWXGRSXEOL ]QHJRREURWXZSURZDG]DQ\ KMHVWái ]QLHGRDN ML (PLWHQWDRZDUWR LQRPLQDOQHM]áND GDZW\P

ś ś ś Ź Ę Ć ś ś ś ć ś ś ś ś ś ś ś ś ś ś Ą

Ę ź Ż Ę ź ć ź ć Ą ć ć ć ć ć ż ź

ć ć ć Ś ć Ż

Ł ś ś ś Ą ż Ą Ń Ł Ł

ć ż ż Ś ż

:\GDQLH. 6LOQLNLSUiGXWUyMID]RZHJR'5'9'7'7('9( 6HUZRPRWRU\DV\Q KURQL ]QH&7&9 02/2003. ,QVWUXN MDREVáXJL

UWAGA!!! ego erenie Trójmiasta: SABUR Sp. z o.o. ul. Hutnicza 3, budynek Gdynia tel.: (0-58) fax: (0-58)

ÜŮ ÚÍ ń Ż ń ń ń Ż Ĺ ý ý ń ń ľ ý ń ń ń Ż ń Ż Ż Ą

KLASYFIKACJA SZKÓŁ 2015/2016 SZKOŁY PODSTAWOWE. K o s. S i a t k ó w k a. r ę c. y k ó w k a. r ę c. n a. n a. c h ł

Dziennik Ustaw Nr Poz ROZPORZÑDZENIE MINISTRA FINANSÓW 1) z dnia 26 sierpnia 2003 r.

" ßW$ ßJ 1 9J,D<,-" D

6SDG (IHNWÃHNRORJ GRFHOR =DQLHF]\V]F]HQLHÃ SURJUDPÃOLNZLGDFMLÃ QDSUDZF]HJRÃ =DDZDQVRZDQ\Ã. G]LDãDQLDÃ 5RG]DMÃ SRZLHU]FKQLR RJU]HZDQLHÃ.

w ww cic oz F o r p U0 a A Zr24 H r wa w wa wa w o UazQ v7 ; V7 v7 ; V7 ; v7 rj. co.. zz fa. A o, 7 F za za za 4 is,, A ) D. 4 FU.


i~i~~ i 22 I~~ ~ ~~ 5I:=z:= 1*11

!"#$%&'! () *+!,-$%&./01 # :; - #$ :!! "#$%&' ()*+,-./ 01&' * &'23!4 5"#.67+,89: ; 6016 &' & < & FD GH IJ KL MN%O8 &'N% KP PQR

Wrocław, dnia 24 czerwca 2016 r. Poz UCHWAŁA NR XXVI/540/16 RADY MIEJSKIEJ WROCŁAWIA. z dnia 16 czerwca 2016 r.


:VLHÃ /LF]EDÃOXGQR FLÃ /LF]EDÃGRPyZÃ 3RZLHU]FKQLDÃZVLÃ UHGQLDÃ SRZLHU]FKQLDÃQDÃ MHGQRÃVLHGOLVNRÃ

'OD$N MRQDULXV]\5DG\1DG]RU ]HML=DU]iGX)DEU\NL)DUEL/DNLHUyZÄ 1,(.$ 6$

Harmonogram mycia i dezynfekcji pojemników dla poszczególnych frakcji i ulic w mieście Częstochowa dla mieszkańców "niskiej" zabudowy

ś ś ś ź ć ś ś

Ó

ść ś ść Ę ś ś ść ś ź ś Ę

Ę Ę ć ć Ę Ą ć ć

Ę

Zestyki 1 P 1 N 3 P + N 2 P 3 P 3 P + N

Harmonogram mycia i dezynfekcji pojemników dla poszczególnych frakcji i ulic w mieście Częstochowa dla mieszkańców "niskiej" zabudowy ULICE 07.

Spis świadectw wydanych przez COCH w 2006 r.


Ą ŚĆ Ś Ś Ę ć

ñ 1 9! Ù DEF+>/ P Q V { Ó bbó 1 YZ"p¼~ Þ Üb á \ V ~ Y Z#'! Ù DEF+>/P Q V g E o 9 &5

ć Ę ć Ę ź Ę


ć ć ć

Ą Ę Ń Ś Ą

ź Ź Ź ć ć ć ź ć ć ć ć ć Ź

Ą Ę Ł Ą Ż


ź Ć Ż

Transkrypt:

/S 52'=$-,'2386=&=$/1$0$6$&$â.2:,7$ '0& 67$:.,32'$7.81$7(5(1,( 0,$67$ RGSRMD]GXQDU 32-$='86$02&+2'2:(*2 'DWDSURGXNFML GRU RGU 6DPRFKÍGFLàëDURZ\R'0&RGWRQGR WRQZãÜF]QLH

/S 52'=$-,'2386=&=$/1$0$6$&$â.2:,7$ '0& 67$:.,32'$7.81$7(5(1,( 0,$67$ RGSRMD]GXQDU 32-$='86$02&+2'2:(*2 'DWDSURGXNFML GRU RGU 6DPRFKÍGFLàëDURZ\R'0&SRZ\ëHMWRQGR WRQZãÜF]QLH 6DPRFKÍGFLàëDURZ\R'0&SRZ\ëHMWRQ LSRQLëHMWRQ &LÜJQLNVLRGãRZ\LEDODVWRZ\R'0&]HVSRãX SRMD]GÍZRGWRQGRWRQZãÜF]QLH &LÜJQLNVLRGãRZ\LEDODVWRZ\R'0&]HVSRãX SRMD]GÍZRGWRQGRWRQZãÜF]QLH 3U]\F]HSDLQDF]HSDR'0&]HVSRãXSRMD]GÍZRG WRQLSRQLëHMWRQ $XWREXV\]OLF]EÜPLHMVFGRVLHG]HQLDGR $XWREXV\]OLF]EÜPLHMVFGRVLHG]HQLDGR $XWREXV\]OLF]EÜPLHMVFGRVLHG]HQLDUÍZQÜ LZ\ëV]ÜQLë /S :<6=&=(* /1,(1,( /LF]EDRVLLGRSXV]F]DOQDPDVDFDãNRZLWD'0& =DZLHV]HQLHRVL SQHXPDW\F]QH LX]QDQH]D UÍZQRZDëQH 67$:.,32'$7.81$U 1$7(5(1,(0,$67$2'SRMD]GX,QQHV\VWHP\ ]DZLHV]HQLDRVL 6DPRFKÍGFLàëDURZ\RRVLDFKR'0& QLHPQLHMQLëWRQLPQLHMQLëWRQ QLHPQLHMQLëWRQLPQLHMQLëWRQ QLHPQLHMQLëWRQLPQLHMQLëWRQ QLHPQLHMQLëWRQLZLàFHM 6DPRFKÍGFLàëDURZ\RRVLDFKR'0& QLHPQLHMQLëWRQLPQLHMQLëWRQ QLHPQLHMQLëWRQLPQLHMQLëWRQ

/S 67$:.,32'$7.81$U 1$7(5(1,(0,$67$2'SRMD]GX :<6=&=(* /1,(1,( /LF]EDRVLLGRSXV]F]DOQDPDVDFDãNRZLWD'0& =DZLHV]HQLHRVL SQHXPDW\F]QH LX]QDQH]D UÍZQRZDëQH,QQHV\VWHP\ ]DZLHV]HQLDRVL QLHPQLHMQLëWRQLPQLHMQLëWRQ QLHPQLHMQLëWRQLPQLHMQLëWRQ\ QLHPQLHMQLëWRQ\LPQLHMQLëWRQ QLHPQLHMQLëWRQLZLàFHM 6DPRFKÍGFLàëDURZ\RRVLDFKLZLàFHMR'0& QLHPQLHMQLëWRQLPQLHMQLëWRQ QLHPQLHMQLëWRQLPQLHMQLëWRQ QLHPQLHMQLëWRQLPQLHMQLëWRQ QLHPQLHMQLëWRQLPQLHMQLëWRQ\ QLHPQLHMQLëWRQLZLàFHM /S :<6=&=(* /1,(1,( /LF]EDRVLLGRSXV]F]DOQDPDVDFDãNRZLWD'0& ]HVSRãXSRMD]GÍZFLÜJQLNVLRGãRZ\ =DZLHV]HQLHRVL QDF]HSDFLÜJQLNEDODVWRZ\SU]\F]HSD SQHXPDW\F]QH LX]QDQH]D UÍZQRZDëQH 67$:.,32'$7.81$U 1$7(5(1,(0,$67$ 2'SRMD]GX,QQHV\VWHP\ ]DZLHV]HQLDRVL &LÜJQLNVLRGãRZ\OXEEDODVWRZ\RRVLDFKL'0&]HVSRãXSRMD]GÍZ FLÜJQLNVLRGãRZ\QDF]HSDFLÜJQLNVLRGãRZ\SU]\F]HSD QLHPQLHMQLëWRQLPQLHMQLëWRQ QLHPQLHMQLëWRQLPQLHMQLëWRQ QLHPQLHMQLëWRQLPQLHMQLëWRQ QLHPQLHMQLëWRQLGRWRQZãÜF]QLH SRZ\ëHMWRQ &LÜJQLNVLRGãRZ\OXEEDODVWRZ\RRVLDFKL'0&]HVSRãXSRMD]GÍZ FLÜJQLNVLRGãRZ\QDF]HSDFLÜJQLNVLRGãRZ\SU]\F]HSD QLHPQLHMQLëWRQLGRWRQZãÜF]QLH SRZ\ëHMWRQLPQLHMQLëWRQ QLHPQLHMQLëWRQLZLàFHM

/S :<6=&=(* /1,(1,( /LF]EDRVLLGRSXV]F]DOQDPDVDFDãNRZLWD'0& ]HVSRãXSRMD]GÍZQDF]HSDSU]\F]HSDSRMD]G VLOQLNRZ\ 3U]\F]HS\LQDF]HS\RMHGQHMRVLL'0& 67$:.,32'$7.81$U 1$7(5(1,(0,$67$ RGSRMD]GXQDU =DZLHV]HQLHRVL SQHXPDW\F]QH LX]QDQH ]DUÍZQRZDëQH,QQHV\VWHP\ ]DZLHV]HQLDRVL QLHPQLHMQLëWRQLPQLHMQLëWRQ QLHPQLHMQLëWRQLPQLHMQLëWRQ QLHPQLHMQLëWRQLGRWRQZãÜF]QLH SRZ\ëHMWRQ 3U]\F]HS\LQDF]HS\RGZÍFKRVLDFKL'0& QLHPQLHMQLëWRQLPQLHMQLëWRQ QLHPQLHMQLëWRQLPQLHMQLëWRQ\ QLHPQLHMQLëWRQLGRWRQZãÜF]QLH SRZ\ëHMWRQLPQLHMQLëWRQ QLHPQLHMQLëWRQ 3U]\F]HS\LQDF]HS\RWU]HFKRVLDFKL'0& QLHPQLHMQLëWRQLGRWRQZãÜF]QLH SRZ\ëHMWRQLPQLHMQLëWRQ QLHPQLHMQLëWRQ

'DWDSURGXNFML 'RSXV]F]DOQDPDVDFDãNRZLWDZ GR RG WRQDFK RG GR SRZ\ëHM GR SRZ\ëHM LSRQLëHM 'RSXV]F]DOQDPDVD FDãNRZLWDZWRQDFK QLHPQLHMQLë PQLHMQLë =DZLHV]HQLHSQHXPDW\F],QQ\V\VWHP]DZLHV]HQLD 'ZLHRVLH 7U]\RVLH &]WHU\RVLHLZLàFHM 'DWDSURGXNFML 'RSXV]F]DOQDPDVD GR RG FDãNRZLWDZWRQDFK RG ZãÜF]QLH SRZ\ëHM LSRQLëHM

'RSXV]F]DOQDPDVDFDãNRZLWDZWRQDFK =DZLHV]HQLHSQHXPDW\F],QQ\V\VWHP]DZLHV]HQLD 'ZLHRVLH QLHPQLHMQLë PQLHMQLë QLHPQLHMQLë PQLHMQLë QLHPQLHMQLë PQLHMQLë QLHPQLHMQLë LGRZãÜF]QLH SRZ\ëHM 7U]\RVLH QLHPQLHMQLë LGRZãÜF]QLH SRZ\ëHM LPQLHMQLë QLHPQLHMQLë 'DWDSURGXNFML 'RSXV]F]DOQDPDVD GR RG FDãNRZLWDZWRQDFK RG LSRQLëHM 'RSXV]F]DOQDPDVDFDãNRZLWDZWRQDFK =DZLHV]HQLHSQHXPDW\F],QQ\V\VWHP]DZLHV]HQLD -HGQDRç QLHPQLHMQLë PQLHMQLë QLHPQLHMQLë PQLHMQLë QLHPQLHMQLë LGRZãÜF]QLH SRZ\ëHM 'ZLHRVLH QLHPQLHMQLë PQLHMQLë QLHPQLHMQLë PQLHMQLë QLHPQLHMQLë LGRZãÜF]QLH SRZ\ëHM PQLHMQLë QLHPQLHMQLë 7U]\RVLH QLHPQLHMQLë LGRZãÜF]QLH SRZ\ëHM PQLHMQLë QLHPQLHMQLë

'DWDSURGXNFML GR RG /LF]EDPLHMVFVLHG]ÜF\FKãÜF]QLH]PLHMVFHP NLHURZF\ GRZãÜF]QLH SRZ\ëHM PQLHMQLë UÍZQHMLZ\ëV]HMQLë

1XPHU,GHQW\ILN DFML3RGDWN RZHMVN ádgdm FHJRLQI RUPDFM QDVW SXM F\FK G\UHN W\ Z :VSyOQRW (XURSHMVNLFK G\UHN W\ Z\ (: * ] GQLD JUXGQLD U Z VSUDZLH XVWDQRZLHQLD ZVSyOQ\F K ]DVDG GO D QLHN WyU\FK W\SyZ WUD QVSRUWX N RPELQRZDQHJR WR ZDUyZ PL G]\ SD VWZDPL F]áRQN RZVN LPL '] 8U] :( / ] G\ U HN W \ Z\ :( ] G Q LD F]H U ZF D U Z VSUDZLHSRELHUDQLDRSáDW]DX \WN R ZDQLHQLHNWyU\FKW\SyZLQI UDVWUXN WXU\SU]H]SRMD]G\FL DUR ZH' ]8U] :( / ]'DQHGRW\F] FHRJá RV]HQLDDN WyZ S U D ZD 8QL L (X U R S HM VN L HM ]D PL HV ]F ]R Q H Z Q LQL HM V] HM X V WD ZLH ± ] G Q LH P X ]\ VN D Q L D S U ]H] 5]HF ] SR V S R OL W 3ROVN F ]árqn RVWZD Z 8QLL ( XURSHMVN LHM ± GRW\F] RJá RV]HQLD W\FKDN WyZZ']LHQQLN X8U] GR Z\P8QLL(XURSHMVNLHM±Z\GDQLHVSHFMDOQH WHNVWMHGQ']8]U1USR]]H]P Q L HU XF KR PR F LOXERELHN WyZEXGRZODQ\FKX \WNR ZQLNDPLZLHF]\VW \PLJU XQWyZSRVLDGDF]DPLQLHUXFKRPR FLOXELF KF ] FLDOERRELHNWyZEXGRZODQ\FK :ymw*plq\ 5RG]DMZáDVQR FLSRVLD GDQLD]D]QD F]\ü ZáD FLZ N UDWN q Zá D FLFLHOqZVSyá ZáD F LFLHOqSRVLDGDF]VDPRLVWQ\q ZVS yá SR V L DG DF ] VD PR L VW Q \ qx \WN RZQLN ZLHF] \VW\ qzvsyáx \WN RZQLNZLHF ]\VW\qSRVLDGDF]]DOH Q\QSG]LHU D ZFDQDMHPF DqZVSyáSRVLDGDV]]DOH Q\QSG]LHU DZFDQDMHPFD 0LHMVFHD DGUHV\SRáR HQLDSU]HGPLRWyZRSRGDWN RZDQLDRUD]LGHQW\I LND WRU\G]LD áhn EXG\QN yzorn DOL8ZDJD Ä:\N D]XMHVL RGU EQLHGODN D GHM Q L HU XF KR PR F L 1XPHU\N VL JLZLHF]\VWHMOXE]ELRUXyZGRN XPHQWyZRUD]QD]ZDV GXZN WyU\PSURZDG]RQDMHVWN VL JDZLHF]\VWD OXE]ELyUGRNXPHQWyZ8ZDJD Ä :\N D]XMH VL RGU EQLHGOD ND GHMQLHUXFKRPR FL 1D]ZLVN RSLHUZV]HLPL GUXJLHLPL,PL RMFDLPL PDWN LGDWDXURG]HQLD8ZDJD Ä:\N D]XMHVL W\ON RZyZF ]DVJG\RVRELHIL]\F]QHMQLHQDGDQRQXPHUX3(6(/ 1XPHU3(6(/5(*21.UD M *PLQD 0LHMVFRZR ü 2N ROLF]QR FL]D ]QDF]\üZáD F LZ N UD WN :RMHZyG]WZR 8OLFD.RGSRF]WRZ\ 5RN 3RZLDW 1XPHUGRPX1XPHUORND OX 3RF ]WD qlqi RUPDFMDVN ádgdqdsrud]slhuzv]\ qn RUHN WDXSU]HGQLR]áR RQHMLQI RUPDF MLZ\N D]X,1±,1)250$&-$:635$:,(32'$7.82'1,(58&+202 &, QD 8VWDZD ] GQLD VW\F]QLD U R SRGDWN DFK L RSáD WD FK ORN DOQ\FK QLQLHMV]D XVWDZD GRN RQXMH Z ]DN UHVLH VZRMHM UHJXODFML ZGUR HQ LD 3RGVWDZD SUDZQD )RUPXOD U]SU]H]QDF]RQ\GODRVyEI L]\F ]Q\FKE G F\FKZáD FLFLHODPLQLHUXFKRPR FLOXERELHNWyZEXGRZODQ\FKSRVLDGDF]DPLVDPRLVWQ\PL 6NáDGDM F\ OXELFKF ] FLVWDQRZL F\FKZáDVQR ü6n DUEX3D VW ZD O XE M HG QR V WN L V DPR U] GXWHU \WRULDOQHJR : W HUPL QL H GQ L RG ]D L VWQ L HQL D RN R O LF ]Q R FLPDM F\ FKZSá\ ZQDSRZVWDQLHE G Z\JD QL FLHRERZL ]NXSRGDWN RZHJROXE 7HUPLQVNáDGDQLD ]D L V WQL HQL D ]GD U ]HQ L D PD M FHJRZSá \ ZQD Z\VRN R üsrgdwnx :ymw*plq\zád FLZ\]H Z]J O GXQDPLHMVFHSRáR HQLD SU]HGPLRWyZRSRGDWN RZDQLD 0LHMVFHVNáDGDQLD $0,(-6&(6.à$'$1,$,1)250$&-, $GUHV %'$1(6.à$'$- &(*2,1)250$&- %'$1(,'(17<),.$&<-1( %$'5(6=$0,(6=.$1,$ &2.2/,&=12 &,32:2'8- &(.21,(&=12 û=à2 (1,$,1)250$&-, ''$1('27<&= &(35=('0,27Ï:232'$7.2:$1,$]Z\M WNLHP]ZROQLRQ\FK '32:,(5=&+1,$*5817Ï:8ZDJDÄ:\ND]XMHP\]GRNáDGQR FL GRPNZ ]ZL ]DQ\FK]SURZDG]HQLHPG]LDáDOQR FLJRVSRGDUF]HM EH]Z]JO GXQDVSRVyE]DNZDOLILNRZDQLDZHZLGHQFML JUXQWyZLEXG\QNyZ P SRGMH]LRUDPL]DM W\FKQD]ELRUQLNLZRGQHUHWHQF\MQH OXEHOHNWURZQLZRGQ\FK KD SR]RVWDáHJUXQW\ZW\P]DM WHQDSURZDG]HQLHRGSáDWQHM VWDWXWRZHMG]LDáDOQR FLSR \WNXSXEOLF]QHJRSU]H] RUJDQL]DFMHSR \WNXSXEOLF]QHJR P

'32:,(5=&+1,$8 <7.2:$%8'<1.Ï:/8%,&+&= &, PLHV]NDOQ\FKRJyáHP P ZW\P NRQG\JQDFMLRZ\VRNR FLRGGRP]DOLF]\üÈ SRZLHU]FKQL NRQG\JQDFMLRZ\VRNR FLSRZ\ HMP 'RSRZLHU]FKQLX \WNRZHMEXG\QNXOXEMHJRF] P P FLQDOH \]DOLF]\üSRZLHU]FKQL PLHU]RQ SRZHZQ WU]QHMGáXJR FL FLDQQDZV]\VWNLFKNRQG\JQDFMDFK] Z\M WNLHPSRZLHU]FKQLNODWHNVFKRGRZ\FKRUD]V]\EyZG ZLJRZ\FK=DNRQG\JQDFM XZD DVL UyZQLH JDUD HSRG]LHPQHSLZQLFHVXWHUHQ\LSRGGDV]DX \WNRZH ]ZL ]DQ\FK]SURZDG]HQLHPG]LDáDOQR FLJRVSRGDUF]HM RUD]RGF] FLEXG\QNyZPLHV]NDOQ\FK]DM W\FKQD SURZDG]HQLHG]LDáDOQR FLJRVSRGDUF]HMRJyáHP ZW\P NRQG\JQDFMLRZ\VRNR FLRGGRP]DOLF]\üÈ SRZLHU]FKQL NRQG\JQDFMLRZ\VRNR FLSRZ\ HMP ]DM WHQDSURZDG]HQLHG]LDáDOQR FLJRVSRGDUF]HMZ ]DNUHVLHREURWXNZDOLILNRZDQ\PPDWHULDáHPVLHZQ\P RJyáHP ZW\P NRQG\JQDFMLRZ\VRNR FLRGGRP]DOLF]\üÈ SRZLHU]FKQL NRQG\JQDFMLRZ\VRNR FLSRZ\ HMP ]DM WHQDSURZDG]HQLHG]LDáDOQR FLJRVSRGDUF]HMZ ]DNUHVLH ZLDGF]HQLDXVáXJPHG\F]Q\FKRJyáHP ZW\P NRQG\JQDFMLRZ\VRNR FLRGGRP]DOLF]\üÈ SRZLHU]FKQL NRQG\JQDFMLRZ\VRNR FLSRZ\ HMP SR]RVWDá\FK RJyáHP Z W\P ]DM WH QD SURZDG]HQLH RGSáDWQHM VWDWXWRZHM G]LDáDOQR FL SR \WNX SXEOLF]QHJR SU]H]RUJDQL]DFMHSR \WNXSXEOLF]QHJR ZW\P NRQG\JQDFMLRZ\VRNR FLRGGRP]DOLF]\üÈ SRZLHU]FKQL NRQG\JQDFMLRZ\VRNR FLSRZ\ HMP '%8'2:/( EXGRZOH ZDUWR ürnwyuhmprzdzsu]hslvdfkrsrgdwndfkgrfkrgrz\fk P P P P P P P P P P P P (,1)250$&-$235=('0,27$&+=:2/1,21<&+ SRGDüSRZLHU]FKQL E G ZDUWR üexgrzolsu]hgplrwyz]zroqlrq\fkrud]su]hslvsudzd±]mdnlhjrw\wxáxz\vw SXMH]ZROQLHQLH )2 :,$'&=(1,(,32'3,66.à$'$- &(*2262%<5(35(=(178- &(- 6.à$'$- &(*2 2 ZLDGF]DP HSRGDQHSU]H]HPQLHGDQHV ]JRGQH]SUDZG,PL 'DWDZ\SHáQLHQLDG]LH PLHVL FURN *$'127$&-(25*$1832'$7.2:(*2 8ZDJLRUJDQXSRGDWNRZHJR,GHQW\ILNDWRUSU]\MPXM FHJRIRUPXODU] 1D]ZLVNR 3RGSLVSLHF] üvnádgdm FHJRRVRE\UHSUH]HQWXM FHMVNáDGDM FHJR 'DWDLSRGSLVSU]\MPXM FHJRIRUPXODU]

1XPHU,GHQW\ILNDFML3RGDWNRZHMVNáDGDM FHJRGHNODUDFM 3RGVWDZDSUDZQD8VWDZD]GQLDVW\F]QLDURSRGDWNDFKLRSáDWDFKORNDOQ\FKQLQLHMV]DXVWDZDGRNRQXMHZ]DNUHVLHVZRMHMUHJXODFMLZGUR HQLD QDVW SXM F\FK G\UHNW\Z :VSyOQRW (XURSHMVNLFK G\UHNW\Z\ (:* ] GQLD JUXGQLD U Z VSUDZLH XVWDQRZLHQLD ZVSyOQ\FK ]DVDG GOD QLHNWyU\FKW\SyZWUDQVSRUWXNRPELQRZDQHJRWRZDUyZPL G]\SD VWZDPLF]áRQNRZVNLPL']8U]:(/]G\UHNW\Z\:(] GQLD F]HUZFD U Z VSUDZLH SRELHUDQLD RSáDW ]D X \WNRZDQLH QLHNWyU\FK W\SyZ LQIUDVWUXNWXU\ SU]H] SRMD]G\ FL DURZH '] 8U] :( / ] 'DQH GRW\F] FH RJáRV]HQLD DNWyZ SUDZD 8QLL (XURSHMVNLHM ]DPLHV]F]RQH Z QLQLHMV]HM XVWDZLH ± ] GQLHP X]\VNDQLD SU]H] 5]HF]SRVSROLW 3ROVN F]áRQNRVWZDZ8QLL (XURSHMVNLHM±GRW\F] RJáRV]HQLDW\FKDNWyZ Z ']LHQQLNX8U] GRZ\P8QLL (XURSHMVNLHM±Z\GDQLHVSHFMDOQHWHNVWMHGQ ']8]U1USR]]H]P 6NáDGDM F\)RUPXODU]SU]H]QDF]RQ\GODRVyESUDZQ\FKMHGQRVWHNRUJDQL]DF\MQ\FKRUD]VSyáHNQLHPDM F\FKRVRERZR FLSUDZQHME G F\FK ZáD FLFLHODPLQLHUXFKRPR FLOXERELHNWyZEXGRZODQ\FKSRVLDGDF]DPLVDPRLVWQ\PLQLHUXFKRPR FLOXERELHNWyZEXGRZODQ\FKX \WNRZQLNDPL ZLHF]\VW\PLJUXQWyZSRVLDGDF]DPLQLHUXFKRPR FLOXELFKF] FLDOERRELHNWyZEXGRZODQ\FKOXELFKF] FLVWDQRZL F\FKZáDVQR ü6nduex3d VWZDOXE MHGQRVWNLVDPRU] GXWHU\WRULDOQHJRRUD]GODRVyEIL]\F]Q\FKE G F\FKZVSyáZáD FLFLHODPLOXEZVSyáSRVLDGDF]DPL]RVREDPLSUDZQ\PLE G ]LQQ\PL MHGQRVWNDPLRUJDQL]DF\MQ\PLQLHSRVLDGDM F\PLRVRERZR FLSUDZQHMOXE]VSyáNDPLQLHSRVLDGDM F\PLRVRERZR FLSUDZQHM]Z\M WNLHPRVyEWZRU] F\FK ZVSyOQRW PLHV]NDQLRZ 7HUPLQVNáDGDQLD'RVW\F]QLDND GHJRURNXSRGDWNRZHJRZWHUPLQLHGQLRG]DLVWQLHQLDRNROLF]QR FLPDM F\FKZSá\ZQDSRZVWDQLHE G Z\JD QL FLHRERZL ]NXSRGDWNRZHJROXE]DLVWQLHQLD]GDU]H PDM F\FKZSá\ZQDZ\VRNR üsrgdwnx 0LHMVFHVNáDGDQLD:yMW*PLQ\ZáD FLZ\]HZ]JO GXQDPLHMVFHSRáR HQLDSU]HGPLRWyZRSRGDWNRZDQLD :ymw*plq\ $GUHV QLHSRWU]HEQHVNUH OLü GRW\F]\VNáDGDM FHJRGHNODUDFM QLHE G FHJRRVRE IL]\F]Q GRW\F]\VNáDGDM FHJRGHNODUDFM E G FHJRRVRE IL]\F]Q 5RG]DMVNáDGDM FHJRGHNODUDFM ]D]QDF]\üZáD FLZ NUDWN qrvredil]\f]qdqrvredsudzqdqmhgqrvwndrujdql]df\mqdqvsyándqlhpdm FDRVRERZR FLSUDZQHM 5RG]DMZáDVQR FLSRVLDGDQLD]D]QDF]\üZáD FLZ NUDWN qzád FLFLHOqZVSyáZáD FLFLHOqSRVLDGDF]VDPRLVWQ\qZVSyáSRVLDGDF]VDPRLVWQ\qX \WNRZQLNZLHF]\VW\ qzvsyáx \WNRZQLNZLHF]\VW\qSRVLDGDF]]DOH Q\QSG]LHU DZFDQDMHPFDqZVSyáSRVLDGDV]]DOH Q\QSG]LHU DZFD QDMHPFD 0LHMVFHDDGUHV\SRáR HQLDSU]HGPLRWyZRSRGDWNRZDQLDRUD]LGHQW\ILNDWRU\G]LDáHNEXG\QNyZORNDOL8ZDJDÄ:\ND]XMHVL RGU EQLHGOD ND GHMQLHUXFKRPR FL 1XPHU\NVL JLZLHF]\VWHMOXE]ELRUXyZGRNXPHQWyZRUD]QD]ZDV GXZNWyU\PSURZDG]RQDMHVWNVL JDZLHF]\VWDOXE]ELyUGRNXPHQWyZ 8ZDJDÄ:\ND]XMHVL RGU EQLHGODND GHMQLHUXFKRPR FL 1D]ZDSHáQD1D]ZLVNRSLHUZV]HLPL GUXJLHLPL 1D]ZDVNUyFRQDLPL RMFDLPL PDWNLGDWDXURG]HQLD8ZDJDÄ:\ND]XMHVL W\ONRZyZF]DVJG\RVRELHIL]\F]QHMQLHQDGDQRQXPHUX 3(6(/,GHQW\ILNDWRU5(*211XPHU3(6(/.UDM *PLQD 0LHMVFRZR ü :RMHZyG]WZR 8OLFD.RGSRF]WRZ\ 3RZLDW 1XPHUGRPX1XPHUORNDOX 3RF]WD 2NROLF]QR FL]D]QDF]\üZáD FLZ NUDWN qghnodudfmdqdgdq\urnqnruhnwdghnodudfmlurf]qhmqz\jd QL FLHRERZL ]NXSRGDWNRZHJR 5RN qsrzvwdqlhrerzl ]NXSRGDWNRZHJRZWUDNFLHURNXq]PLDQDPLHMVFD]DPLHV]NDQLDOXEVLHG]LE\

ZW\ P NRQG \JQD FMLR Z\V RN R F LRG GR P]D OLF ]\ü È S RZLHU ]FK QL NRQG \JQD FMLR Z\V RN R F LS RZ\ H MP P P RJá RV] RQD Z'] 8U] GRZ\ P :RMHZyG]WZD ZURNX SRSU]HG]D M GDQ \URN SRGDWN RZ\ F \ P 'R SRZL HU ]F KQ LX \ WNRZHM EX G\ QNX OXE MHJRF ] F LQDOH \ ]D OLF ]\ ü SRZLH U]F KQ L PLHU]RQ S R ZHZQ WU ]QHM GáXJR FL FLDQQD ZV] \VWN LFK N RQG\ JQ DF MDF K ]Z\ M WNLHP S RZLHU]F KQL NODWHNVFKRGRZ\F K RUD ]V]\ Ey Z G ZLJRZ\ FK =D N RQG\ JQ DF M X ZD D VL UyZQ LH JD UD HSRG]LHPQ HSLZQLFH VX WHUHQ \L SRGG DV]DX Z W\P \ WNRZH NRQG \JQD F MLRZ\VRNR FL RG GR P ]DO LF]\ ü È S RZLHU ]FK QL ZW \P NRQG \JQD F MLRZ\VRNR FL RG GR P ]DO LF]\ üè ZW \P NRQG \JQD F MLRZ\VRNR FL RG GR P ]DO LF]\ üè Z W \ P NRQG \JQD FMLRZ\VRN R F LRGGR P ]D OLF ]\ü È S RZLHU ]FK QL P P P P :\V]F]HJyOQLHQLH 3RGVWDZD RSRGDWNRZDQLD 6WDZNDSRGDWNX Z\QLNDM FD] 8FKZDá\5DG\ *PLQ\.ZRWDSRGDWNX Z]áJU QDOH \]DRNU JOLü GRSHáQ\FK G]LHVL WHNJURV]\ Z]áJU 8ZDJDÄ:\ND]XMHP\]GRNáDGQR FL GRPNZ ]ZL ]DQ\FK]SURZDG]HQLHPG]LDáDOQR FLJRVSRGDUF]HM EH]Z]JO GXQDVSRVyE]DNZDOLILNRZDQLDZHZLGHQFML JUXQWyZLEXG\QNyZ SRGMH]LRUDPL]DM W\FKQD]ELRUQLNLZRGQHUHWHQF\MQH OXEHOHNWURZQLZRGQ\FK SR]RVWDáHJUXQW\ZW\P]DM WHQDSURZDG]HQLHRGSáDWQHM VWDWXWRZHM G]LDáDOQR FL SR \WNX SXEOLF]QHJR SU]H] RUJDQL]DFMHSR \WNXSXEOLF]QHJR P KD P PLHV]NDOQ\FKRJyáHP P ]ZL ]DQ\FK]SURZDG]HQLHPG]LDáDOQR FLJRVSRGDUF]HM RUD]RGF] FLEXG\QNyZPLHV]NDOQ\FK]DM W\FKQD SURZDG]HQLHG]LDáDOQR FLJRVSRGDUF]HMRJyáHP P NRQG \JQD F MLRZ\VRNR FL SRZ\ HM P ]DM WHQDSURZDG]HQLHG]LDáDOQR FLJRVSRGDUF]HMZ ]DNUHVLHREURWXNZDOLILNRZDQ\PPDWHULDáHPVLHZQ\P RJyáHP P P S RZLHU ]FK QL NRQG \JQD F MLRZ\VRNR FL SRZ\ HM P ]DM WHQDSURZDG]HQLHG]LDáDOQR FLJRVSRGDUF]HMZ ]DNUHVLH ZLDGF]HQLDXVáXJPHG\F]Q\FKRJyáHP P P S RZLHU ]FK QL NRQG \JQD FM LRZ\VRNR F LS RZ\ HM P SR]RVWDá\FK RJyáHP Z W\P ]DM WH QD SURZDG]HQLH RGSáDWQHM VWDWXWRZHM G]LDáDOQR FL SR \WNX SXEOLF]QHJR SU]H]RUJDQL]DFMHSR \WNXSXEOLF]QHJR P P N RQG\ JQD FMLR Z\ VRN R F LS RZ\ HM P P

ZDUWR ürnwyuhmprzdzsu]hslvdfkrsrgdwndfkgrfkrgrz\fk.zrwdsrgdwnx 6XPDNZRW]NRO'QDOH \]DRNU JOLüGRSHáQ\FKG]LHVL WHNJURV]\ SRGDüSRZLHU]FKQL E G ZDUWR üexgrzolsu]hgplrwyz]zroqlrq\fkrud]su]hslvsudzd]mdnlhjrw\wxáxz\vw SXMH]ZROQLHQLH 2 ZLDGF]DP HSRGDQHSU]H]HPQLHGDQHV ]JRGQH]SUDZG,PL 'DWDZ\SHáQLHQLDG]LH PLHVL FURN 8ZDJLRUJDQXSRGDWNRZHJR,GHQW\ILNDWRUSU]\MPXM FHJRIRUPXODU] 1D]ZLVNR 3RGSLVSLHF] üvnádgdm FHJRRVRE\UHSUH]HQWXM FHMVNáDGDM FHJR 'DWDLSRGSLVSU]\MPXM FHJRIRUPXODU]

1XPHU,GHQW\ILNDFML3RGDWNRZHMVNáDGDM FHJRLQIRUPDFM 3RGVWDZDSUDZQD8VWDZD]GQLDOLVWRSDGDURSRGDWNXUROQ\PWHNVWMHGQ']8]U1USR]]H]P 6NáDGDM F\)RUPXODU]SU]H]QDF]RQ\GODRVyEIL]\F]Q\FKE G F\FKZáD FLFLHODPLJUXQWyZSRVLDGDF]DPLVDPRLVWQ\PLJUXQWyZX \WNRZQLNDPL ZLHF]\VW\PLJUXQWyZSRVLDGDF]DPLJUXQWyZQDSRGVWDZLHXPRZ\]DZDUWHMVWRVRZQLHGRSU]HSLVyZRXEH]SLHF]HQLXVSRáHF]Q\P UROQLNyZRUD]SRVLDGDF]DPLJUXQWyZVWDQRZL F\FKZáDVQR ü6nduex3d VWZDOXEMHGQRVWNLVDPRU] GXWHU\WRULDOQHJR 7HUPLQVNáDGDQLD:WHUPLQLHGQLRG]DLVWQLHQLDRNROLF]QR FLPDM F\FKZSá\ZQDSRZVWDQLHE G Z\JD QL FLHRERZL ]NXSRGDWNRZHJROXE ]DLVWQLHQLD]GDU]H PDM F\FKZSá\ZQDZ\VRNR üsrgdwnx 0LHMVFHVNáDGDQLD:yMW*PLQ\ZáD FLZ\]HZ]JO GXQDPLHMVFHSRáR HQLDJUXQWyZ :ymw*plq\ $GUHV 5RG]DMZáDVQR FLSRVLDGDQLD]D]QDF]\üZáD FLZ NUDWN qzád FLFLHOqZVSyáZáD FLFLHOqSRVLDGDF]VDPRLVWQ\qZVSyáSRVLDGDF]VDPRLVWQ\qX \WNRZQLNZLHF]\VW\ qzvsyáx \WNRZQLNZLHF]\VW\qSRVLDGDF]]DOH Q\QSG]LHU DZFDqZVSyáSRVLDGDF]]DOH Q\QSG]LHU DZFD 0LHMVFHDDGUHV\SRáR HQLDSU]HGPLRWyZRSRGDWNRZDQLDRUD]LGHQW\ILNDWRU\G]LDáHN8ZDJDÄ:\ND]XMHVL RGU EQLHGODND GHM QLHUXFKRPR FL 1XPHU\NVL JLZLHF]\VWHMOXE]ELRUXyZGRNXPHQWyZRUD]QD]ZDV GXZNWyU\PSURZDG]RQDMHVWNVL JDZLHF]\VWDOXE]ELyUGRNXPHQWyZ 8ZDJDÄ:\ND]XMHVL RGU EQLHGODND GHMQLHUXFKRPR FL 1D]ZLVNRSLHUZV]HLPL GUXJLHLPL,PL RMFDLPL PDWNLGDWDXURG]HQLD8ZDJDÄ:\ND]XMHVL W\ONRZyZF]DVJG\RVRELHIL]\F]QHMQLHQDGDQRQXPHUX3(6(/ 1XPHU3(6(/5(*21.UDM *PLQD 0LHMVFRZR ü :RMHZyG]WZR 8OLFD.RGSRF]WRZ\ 3RZLDW 1XPHUGRPX1XPHUORNDOX 3RF]WD 2NROLF]QR FL]D]QDF]\üZáD FLZ NUDWN qlqirupdfmdvnádgdqdsrud]slhuzv]\qdgdq\urnqnruhnwdxsu]hgqlr]ár RQHMLQIRUPDFML.ODV\X \WNyZZ\QLNDM FH ]HZLGHQFMLJUXQWyZ LEXG\QNyZ 5RN 8ZDJDÄ:\ND]XMHP\]GRNáDGQR FL GRPNZ

*UXQW\RUQH,,,,,,D,,,E,9D,9E 9 9, 9,] 6DG\,,,,,,D,,,E,9D,9E 9 9, 9,] 8 \WNL]LHORQH,,,,,,,9 9 9, 9,] *UXQW\UROQH]DEXGRZDQH,,,,,,D,,,,,,E,9D,9,9E 9 9, 9,] *UXQW\SRGVWDZDPL D]DU\ELRQHáRVRVLHPWURFL JáRZDFLF SDOL LSVWU JLHP E]DU\ELRQHLQQ\PLJDWXQNDPLU\E QL ZSR]D FJUXQW\SRGVWDZDPL QLH]DU\ELRQ\PL

5RZ\ *UXQW\]DGU]HZLRQHL]DNU]DF]RQH SRáR RQHQD85,,,,,,D,,,,,,E,9D,9 9 9, 9,] 5D]HP SRGDüURG]DMNODV LSRZLHU]FKQL JUXQWyZ]ZROQLRQ\FKRUD]SU]HSLVSUDZD]MDNLHJRW\WXáXZ\VW SXMH]ZROQLHQLH 2 ZLDGF]DP HSRGDQHSU]H]HPQLHGDQHV ]JRGQH]SUDZG,PL 'DWDZ\SHáQLHQLDG]LH PLHVL FURN 8ZDJLRUJDQXSRGDWNRZHJR,GHQW\ILNDWRUSU]\MPXM FHJRIRUPXODU] 1D]ZLVNR 3RGSLVSLHF] üvnádgdm FHJRRVRE\UHSUH]HQWXM FHMVNáDGDM FHJR 'DWDLSRGSLVSU]\MPXM FHJRIRUPXODU]

1XPHU,GHQW\ILNDFML3RGDWNRZHMVNáDGDM FHJRGHNODUDFM 3RGVWDZDSUDZQD8VWDZD]GQLDOLVWRSDGDURSRGDWNXUROQ\PWHNVWMHGQ']8]U1USR]]H]P 6NáDGDM F\)RUPXODU]SU]H]QDF]RQ\GODRVyESUDZQ\FKMHGQRVWHNRUJDQL]DF\MQ\FKRUD]VSyáHNQLHPDM F\FKRVRERZR FLSUDZQHME G F\FK ZáD FLFLHODPLJUXQWyZSRVLDGDF]DPLVDPRLVWQ\PLJUXQWyZX \WNRZQLNDPLZLHF]\VW\PLJUXQWyZSRVLDGDF]DPLJUXQWyZ VWDQRZL F\FKZáDVQR ü6nduex3d VWZDOXEMHGQRVWNLVDPRU] GXWHU\WRULDOQHJRRUD]GODRVyEIL]\F]Q\FKE G F\FKZVSyáZáD FLFLHODPL OXEZVSyáSRVLDGDF]DPL]RVREDPLSUDZQ\PLE G ]LQQ\PLMHGQRVWNDPLRUJDQL]DF\MQ\PLQLHSRVLDGDM F\PLRVRERZR FLSUDZQHMOXE]H VSyáNDPLQLHSRVLDGDM F\PLRVRERZR FLSUDZQHM 7HUPLQVNáDGDQLD'RVW\F]QLDND GHJRURNXSRGDWNRZHJRZWHUPLQLHGQLRG]DLVWQLHQLDRNROLF]QR FLPDM F\FKZSá\ZQDSRZVWDQLHE G Z\JD QL FLHRERZL ]NXSRGDWNRZHJROXE]DLVWQLHQLD]GDU]H PDM F\FKZSá\ZQDZ\VRNR üsrgdwnx 0LHMVFHVNáDGDQLD:yMW*PLQ\ZáD FLZ\]HZ]JO GXQDPLHMVFHSRáR HQLDJUXQWyZ :ymw*plq\ $GUHV QLHSRWU]HEQHVNUH OLü GRW\F]\VNáDGDM FHJRGHNODUDFM QLHE G FHJRRVRE IL]\F]Q GRW\F]\VNáDGDM FHJRGHNODUDFM E G FHJRRVRE IL]\F]Q 5RG]DMVNáDGDM FHJRGHNODUDFM ]D]QDF]\üZáD FLZ NUDWN qrvredil]\f]qdqrvredsudzqdqmhgqrvwndrujdql]df\mqdqvsyándqlhpdm FDRVRERZR FLSUDZQHM 5RG]DMZáDVQR FLSRVLDGDQLD]D]QDF]\üZáD FLZ NUDWN qzád FLFLHOqZVSyáZáD FLFLHOqSRVLDGDF]VDPRLVWQ\qZVSyáSRVLDGDF]VDPRLVWQ\qX \WNRZQLNZLHF]\VW\ qzvsyáx \WNRZQLNZLHF]\VW\qSRVLDGDF]]DOH Q\QSG]LHU DZFDqZVSyáSRVLDGDF]]DOH Q\QSG]LHU DZFD 0LHMVFHDDGUHV\SRáR HQLDSU]HGPLRWyZRSRGDWNRZDQLDRUD]LGHQW\ILNDWRU\G]LDáHN8ZDJDÄ:\ND]XMHVL RGU EQLHGODND GHM QLHUXFKRPR FL 1XPHU\NVL JLZLHF]\VWHMOXE]ELRUXyZGRNXPHQWyZRUD]QD]ZDV GXZNWyU\PSURZDG]RQDMHVWNVL JDZLHF]\VWDOXE]ELyUGRNXPHQWyZ 8ZDJDÄ:\ND]XMHVL RGU EQLHGODND GHMQLHUXFKRPR FL 1D]ZDSHáQD1D]ZLVNRSLHUZV]HLPL GUXJLHLPL 1D]ZDVNUyFRQDLPL RMFDLPL PDWNLGDWDXURG]HQLD8ZDJDÄ:\ND]XMHVL W\ONRZyZF]DVJG\RVRELHIL]\F]QHMQLHQDGDQRQXPHUX 3(6(/,GHQW\ILNDWRU5(*211XPHU3(6(/.UDM *PLQD 0LHMVFRZR ü :RMHZyG]WZR 8OLFD.RGSRF]WRZ\ 3RZLDW 1XPHUGRPX1XPHUORNDOX 3RF]WD 2NROLF]QR FL]D]QDF]\üZáD FLZ NUDWN 5RN qghnodudfmdurf]qdqnruhnwdghnodudfmlurf]qhm

.ODV\ X \WNyZ Z\QLNDM FH ]HZLGHQFML JUXQWyZ LEXG\QNyZ 8ZDJDÄ:\ND]XMHP\]GRNáDGQR FL GRPNZ 1LHSRGOHJDM FH SU]HOLF]HQLXQDKD SU]HOLF]HQLRZH 3RGOHJDM FH SU]HOLF]HQLXQD KHNWDU\ SU]HOLF]HQLRZH /LF]ED KHNWDUyZ SU]HOLF]H QLRZ\FK 6WDZND ]KD SU]HOLF]H QLRZHJR OXEIL]\ F]QHJR Z]áJU :\PLDU SRGDWNX UROQHJR Z]áJU *UXQW\RUQH,,,,,,D,,,E,9D,9E 9 9, 9,] 6DG\,,,,,,D,,,E,9D,9E 9 9, 9,] 8 \WNL]LHORQH,,,,,,,9 9 9, 9,] *UXQW\UROQH ]DEXGRZDQH,,,,,,D,,,,,,E

,9D,9,9E 9 9, 9,] *UXQW\SRG VWDZDPL D]DU\ELRQH árvrvlhpwurfl JáRZDFLF SDOL LSVWU JLHP E]DU\ELRQH LQQ\PL JDWXQNDPLU\E QL ZSR]D FJUXQW\SRG VWDZDPL QLH]DU\ELRQ\PL 5RZ\ *UXQW\ ]DGU]HZLRQHL ]DNU]DF]RQH SRáR RQHQD85,,,,,,D,,,,,,E,9D,9 9 9, 9,] 5D]HP EH] ]ZROQLH SRGDüURG]DMNODV LSRZLHU]FKQL JUXQWyZ]ZROQLRQ\FKRUD]SU]HSLVSUDZD]MDNLHJRW\WXáXZ\VW SXMH]ZROQLHQLH

.ZRWDSRGDWNX 5y QLFDNZRW]'±)QDOH \]DRNU JOLüGRSHáQ\FKG]LHVL WHNJURV]\ 2 ZLDGF]DP HSRGDQHSU]H]HPQLHGDQHV ]JRGQH]SUDZG,PL 'DWDZ\SHáQLHQLDG]LH PLHVL FURN 8ZDJLRUJDQXSRGDWNRZHJR,GHQW\ILNDWRUSU]\MPXM FHJRIRUPXODU] 1D]ZLVNR 3RGSLVSLHF] üvnádgdm FHJRRVRE\UHSUH]HQWXM FHMVNáDGDM FHJR 'DWDLSRGSLVSU]\MPXM FHJRIRUPXODU]

1XPHU,GHQW\ILNDFML3RGDWNRZHMVNáDGDM FHJR LQIRUPDFM 5RN 3RGVWDZDSUDZQDXVWDZD]GQLDSD G]LHUQLNDURSRGDWNXOH Q\P']81USR]]H]P 6NáDGDM F\)RUPXODU]SU]H]QDF]RQ\GODRVyEIL]\F]Q\FKE G F\FKZáD FLFLHODPLODVyZSRVLDGDF]DPLVDPRLVWQ\PLODVyZ X \WNRZQLNDPLZLHF]\VW\PLODVyZSRVLDGDF]DPLODVyZVWDQRZL F\FKZáDVQR ü6nduex3d VWZDOXEMHGQRVWNLVDPRU] GX WHU\WRULDOQHJR 7HUPLQVNáDGDQLD:WHUPLQLHGQLRG]DLVWQLHQLDRNROLF]QR FLPDM F\FKZSá\ZQDSRZVWDQLHE G Z\JD QL FLHRERZL ]NXSRGDWNRZHJR OXE]DLVWQLHQLD]GDU]H PDM F\FKZSá\ZQDZ\VRNR üsrgdwnx 0LHMVFHVNáDGDQLD:yMW*PLQ\ZáD FLZ\]HZ]JO GXQDPLHMVFHSRáR HQLDODVX $0,(-6&(6.à$'$1,$,1)250$&-, :ymw*plq\ $GUHV 5RG]DMZáDVQR FLSRVLDGDQLD]D]QDF]\üZáD FLZ NUDWN ZáD FLFLHOZVSyáZáD FLFLHOSRVLDGDF]VDPRLVWQ\ZVSyáSRVLDGDF]VDPRLVWQ\X \WNRZQLN ZLHF]\VW\ ZVSyáX \WNRZQLNZLHF]\VW\SRVLDGDF]]DOH Q\QSG]LHU DZFDZVSyáSRVLDGDF]]DOH Q\QS G]LHU DZFD 0LHMVFHDDGUHV\SRáR HQLDODVXRUD]LGHQW\ILNDWRU\G]LDáHN8ZDJDÄ:\ND]XMHVL RGU EQLHGODND GHMQLHUXFKRPR FL 1XPHU\NVL JLZLHF]\VWHMOXE]ELRUXyZGRNXPHQWyZRUD]QD]ZDV GXZNWyU\PSURZDG]RQDMHVWNVL JDZLHF]\VWDOXE]ELyU GRNXPHQWyZ8ZDJDÄ:\ND]XMHVL RGU EQLHGODND GHMQLHUXFKRPR FL 1D]ZLVNRSLHUZV]HLPL GUXJLHLPL,PL RMFDLPL PDWNLGDWDXURG]HQLD8ZDJDÄ:\ND]XMHVL W\ONRZyZF]DVJG\RVRELHIL]\F]QHMQLHQDGDQRQXPHUX3(6(/ 1XPHU3(6(/5(*21.UDM *PLQD 0LHMVFRZR ü :RMHZyG]WZR 8OLFD.RGSRF]WRZ\ 3RF]WD 3RZLDW 1UGRPX1UORNDOX &2.2/,&=12 &,32:2'8- &(.21,(&=12 û=à2 (1,$,1)250$&-, 2NROLF]QR FL]D]QDF]\üZáD FLZ NUDWN,QIRUPDFMDVNáDGDQDSRUD]SLHUZV]\QDGDQ\URNNRUHNWD]áR RQHMXSU]HGQLRLQIRUPDFML

''$1('27<&= &(35=('0,27Ï:232'$7.2:$1,$ /DV\ZFKRG] FHZVNáDGUH]HUZDWyZ SU]\URG\LSDUNyZQDURGRZ\FK /DV\SR]RVWDáHQLHZ\PLHQLRQH ZZL 8ZDJDÄ:\ND]XMHP\]GRNáDGQR FL GRPNZ SRGDüSRZLHU]FKQL ODVX]ZROQLRQHJRRUD]SU]HSLVSUDZD]MDNLHJRW\WXáXZ\VW SXMH]ZROQLHQLH 2 ZLDGF]DP HSRGDQHSU]H]HPQLHGDQHV ]JRGQH]SUDZG,PL 'DWDZ\SHáQLHQLDG]LH PLHVL FURN 8ZDJLRUJDQXSRGDWNRZHJR,GHQW\ILNDWRUSU]\MPXM FHJRIRUPXODU] 1D]ZLVNR 3RGSLVSLHF] üvnádgdm FHJRRVRE\UHSUH]HQWXM FHMVNáDGDM FHJR 'DWDLSRGSLVSU]\MPXM FHJRIRUPXODU]

1XPHU,GHQW\ILNDFML3RGDWNRZHMVNáDGDM FHJRGHNODUDFM 5RN 3RGVWDZDSUDZQDXVWDZD]GQLDSD G]LHUQLNDURSRGDWNXOH Q\P']81USR]]H]P 6NáDGDM F\)RUPXODU]SU]H]QDF]RQ\GODRVyESUDZQ\FKMHGQRVWHNRUJDQL]DF\MQ\FKRUD]VSyáHNQLHPDM F\FKRVRERZR FLSUDZQHM E G F\FKZáD FLFLHODPLODVyZSRVLDGDF]DPLVDPRLVWQ\PLODVyZX \WNRZQLNDPLZLHF]\VW\PLODVyZSRVLDGDF]DPLODVyZ VWDQRZL F\FKZáDVQR ü6nduex3d VWZDOXEMHGQRVWNLVDPRU] GXWHU\WRULDOQHJRRUD]GODRVyEIL]\F]Q\FKE G F\FK ZVSyáZáD FLFLHODPLOXEZVSyáSRVLDGDF]DPL]RVREDPLSUDZQ\PLE G ]LQQ\PLMHGQRVWNDPLRUJDQL]DF\MQ\PL QLHSRVLDGDM F\PLRVRERZR FLSUDZQHMOXE]VSyáNDPLQLHSRVLDGDM F\PLRVRERZR FLSUDZQHM 7HUPLQVNáDGDQLD'RGQLDVW\F]QLDND GHJRURNXSRGDWNRZHJRZWHUPLQLHGQLRG]DLVWQLHQLDRNROLF]QR FLPDM F\FKZSá\ZQD SRZVWDQLHE G Z\JD QL FLHRERZL ]NXSRGDWNRZHJROXE]DLVWQLHQLD]GDU]H PDM F\FKZSá\ZQDZ\VRNR üsrgdwnx 0LHMVFHVNáDGDQLD:yMW*PLQ\ZáD FLZ\]HZ]JO GXQDPLHMVFHSRáR HQLDODVX $0,(-6&(6.à$'$1,$'(./$5$&-, :ymw*plq\ $GUHV %'$1(6.à$'$- &(*2'(./$5$&- QLHSRWU]HEQHVNUH OLü GRW\F]\VNáDGDM FHJRGHNODUDFM QLHE G FHJRRVRE IL]\F]Q GRW\F]\VNáDGDM FHJRGHNODUDFM E G FHJRRVRE IL]\F]Q %'$1(,'(17<),.$&<-1( 5RG]DMVNáDGDM FHJRGHNODUDFM ]D]QDF]\üZáD FLZ NUDWN RVREDIL]\F]QDRVREDSUDZQDMHGQRVWNDRUJDQL]DF\MQDVSyáNDQLHPDM FDRVRERZR FLSUDZQHM 5RG]DMZáDVQR FLSRVLDGDQLD]D]QDF]\üZáD FLZ NUDWN ZáD FLFLHOZVSyáZáD FLFLHOSRVLDGDF]VDPRLVWQ\ZVSyáSRVLDGDF]VDPRLVWQ\X \WNRZQLNZLHF]\VW\ ZVSyáX \WNRZQLNZLHF]\VW\SRVLDGDF]]DOH Q\QSG]LHU DZFDZVSyáSRVLDGDV]]DOH Q\QSG]LHU DZFD 0LHMVFHDDGUHV\SRáR HQLDODVXRUD]LGHQW\ILNDWRU\G]LDáHN8ZDJDÄ:\ND]XMHVL RGU EQLHGODND GHMQLHUXFKRPR FL 1XPHU\NVL JLZLHF]\VWHMOXE]ELRUXyZGRNXPHQWyZRUD]QD]ZDV GXZNWyU\PSURZDG]RQDMHVWNVL JDZLHF]\VWDOXE]ELyU GRNXPHQWyZ8ZDJDÄ:\ND]XMHVL RGU EQLHGODND GHMQLHUXFKRPR FL 1D]ZDSHáQD1D]ZLVNRSLHUZV]HLPL GUXJLHLPL 1D]ZDVNUyFRQD,PL RMFDLPL PDWNLGDWDXURG]HQLD8ZDJDÄ:\ND]XMHVL W\ONRZyZF]DVJG\RVRELHIL]\F]QHMQLHQDGDQR QXPHUX3(6(/,GHQW\ILNDWRU5(*211XPHU3(6(/ %$'5(66,('=,%<$'5(6=$0,(6=.$1,$.UDM :RMHZyG]WZR *PLQD 0LHMVFRZR ü 8OLFD.RGSRF]WRZ\ 3RF]WD 3RZLDW 1UGRPX1UORNDOX &2.2/,&=12 &,32:2'8- &(.21,(&=12 û=à2 (1,$'(./$5$&-, 2NROLF]QR FL]D]QDF]\üZáD FLZ NUDWN GHNODUDFMDURF]QDNRUHNWDGHNODUDFMLURF]QHM

''$1('27<&= &(35=('0,27Ï:232'$7.2:$1,$8ZDJDÄ:\ND]XMHP\]GRNáDGQR FL GRPNZ '=:<- 7.,(0=:2/1,21<&+ :\V]F]HJyOQLHQLH 3RZLHU]FKQLDZ KHNWDUDFK IL]\F]Q\FK 6WDZND SRGDWNX P GUHZQD[FHQD GUHZQD Z]áJU 3RGDWHNZ]áJU QDOH \ ]DRNU JOLüGR SHáQ\FK G]LHVL WHNJURV]\ UXEU[UXEU /DV\RFKURQQH /DV\ZFKRG] FHZVNáDGUH]HUZDWyZ SU]\URG\LSDUNyZQDURGRZ\FK /DV\SR]RVWDáHQLHZ\PLHQLRQH ZZL 5D]HPZ± (,1)250$&-$235=('0,27$&+=:2/1,21<&+ SRGDüSRZLHU]FKQL ]ZROQLRQHJRODVXRUD]SU]HSLVSUDZD]MDNLHJRW\WXáXZ\VW SXMH]ZROQLHQLH )2 :,$'&=(1,(,32'3,66.à$'$- &(*2262%<5(35(=(178- &(-6.à$'$- &(*2 2 ZLDGF]DP HSRGDQHSU]H]HPQLHGDQHV ]JRGQH]SUDZG,PL 'DWDZ\SHáQLHQLDG]LH PLHVL FURN *$'127$&-(25*$1832'$7.2:(*2 8ZDJLRUJDQXSRGDWNRZHJR,GHQW\ILNDWRUSU]\MPXM FHJRIRUPXODU] 1D]ZLVNR 3RGSLVSLHF] üvnádgdm FHJRRVRE\UHSUH]HQWXM FHMVNáDGDM FHJR 'DWDLSRGSLVSU]\MPXM FHJRIRUPXODU]

/S 52'=$-,'2386=&=$/1$0$6$&$â.2:,7$ '0&32-$='86$02&+2'2:(*2 67$:.,32'$7.81$7(5(1,( *0,1<3$â(&=1,&$RGSRMD]GX QDU 6DPRFKÍGFLàëDURZ\R'0&RGWRQGRWRQ ZãÜF]QLH

/S 52'=$-,'2386=&=$/1$0$6$&$â.2:,7$ '0&32-$='86$02&+2'2:(*2 6DPRFKÍGFLàëDURZ\R'0&SRZ\ëHMWRQ GRWRQZãÜF]QLH 67$:.,32'$7.81$7(5(1,( *0,1<3$â(&=1,&$RGSRMD]GX QDU 6DPRFKÍGFLàëDURZ\R'0&SRZ\ëHMWRQ LSRQLëHMWRQ &LÜJQLNVLRGãRZ\LEDODVWRZ\R'0&]HVSRãX SRMD]GÍZRGWRQLSRQLëHMWRQ 3U]\F]HSDLQDF]HSDR'0&]HVSRãXSRMD]GÍZ RGWRQLSRQLëHMWRQ $XWREXV\]OLF]EÜPLHMVFGRVLHG]HQLDPQLHMV]Ü QLë $XWREXV\]OLF]EÜPLHMVFGRVLHG]HQLDUÍZQÜ LZ\ëV]ÜQLë /S :<6=&=(* /1,(1,( /LF]EDRVLLGRSXV]F]DOQDPDVDFDãNRZLWD'0& =DZLHV]HQLHRVL SQHXPDW\F]QH LX]QDQH]D UÍZQRZDëQH 67$:.,32'$7.81$U 1$7(5(1,(*0,1<3$â(&=1,&$ 2'SRMD]GX,QQHV\VWHP\ ]DZLHV]HQLDRVL 6DPRFKÍGFLàëDURZ\RRVLDFKR'0& QLHPQLHMQLëWRQLPQLHMQLëWRQ QLHPQLHMQLëWRQLPQLHMQLëWRQ QLHPQLHMQLëWRQLPQLHMQLëWRQ QLHPQLHMQLëWRQLZLàFHM 6DPRFKÍGFLàëDURZ\RRVLDFKR'0& QLHPQLHMQLëWRQLPQLHMQLëWRQ QLHPQLHMQLëWRQLPQLHMQLëWRQ QLHPQLHMQLëWRQLPQLHMQLëWRQ QLHPQLHMQLëWRQLPQLHMQLëWRQ\ QLHPQLHMQLëWRQ\LPQLHMQLëWRQ QLHPQLHMQLëWRQLZLàFHM

/S :<6=&=(* /1,(1,( /LF]EDRVLLGRSXV]F]DOQDPDVDFDãNRZLWD'0& =DZLHV]HQLHRVL SQHXPDW\F]QH LX]QDQH]D UÍZQRZDëQH 6DPRFKÍGFLàëDURZ\RRVLDFKLZLàFHMR'0& 67$:.,32'$7.81$U 1$7(5(1,(*0,1<3$â(&=1,&$ 2'SRMD]GX,QQHV\VWHP\ ]DZLHV]HQLDRVL QLHPQLHMQLëWRQLPQLHMQLëWRQ QLHPQLHMQLëWRQLPQLHMQLëWRQ QLHPQLHMQLëWRQLPQLHMQLëWRQ QLHPQLHMQLëWRQLPQLHMQLëWRQ\ QLHPQLHMQLëWRQLZLàFHM /S :<6=&=(* /1,(1,( /LF]EDRVLLGRSXV]F]DOQDPDVDFDãNRZLWD'0& ]HVSRãXSRMD]GÍZFLÜJQLNVLRGãRZ\QDF]HSD FLDJQLNEDODVWRZ\SU]\F]HSD 67$:.,32'$7.81$U 1$7(5(1,(*0,1<3$â(&=1,&$ 2'SRMD]GX =DZLHV]HQLHRVL SQHXPDW\F]QH LX]QDQH]D UÍZQRZDëQH,QQHV\VWHP\ ]DZLHV]HQLDRVL &LÜJQLNVLRGãRZ\OXEEDODVWRZ\RRVLDFKL'0&]HVSRãXSRMD]GÍZ FLÜJQLNVLRGãRZ\QDF]HSDFLÜJQLNVLRGãRZ\SU]\F]HSD QLHPQLHMQLëWRQLPQLHMQLëWRQ QLHPQLHMQLëWRQLPQLHMQLëWRQ QLHPQLHMQLëWRQLPQLHMQLëWRQ QLHPQLHMQLëWRQLGRWRQZãÜF]QLH SRZ\ëHMWRQ &LÜJQLNVLRGãRZ\OXEEDODVWRZ\RRVLDFKL'0&]HVSRãXSRMD]GÍZ FLÜJQLNVLRGãRZ\QDF]HSDFLÜJQLNVLRGãRZ\SU]\F]HSD QLHPQLHMQLëWRQLGRWRQZãÜF]QLH SRZ\ëHMWRQLPQLHMQLëWRQ\ QLHPQLHMQLëWRQLZLàFHM

/S :<6=&=(* /1,(1,( /LF]EDRVLLGRSXV]F]DOQDPDVDFDãNRZLWD'0& ]HVSRãXSRMD]GÍZQDF]HSDSU]\F]HSDSRMD]G VLOQLNRZ\ 3U]\F]HS\LQDF]HS\RMHGQHMRVLL'0& 67$:.,32'$7.81$U 1$7(5(1,(*0,1<3$â(&=1,&$ RGSRMD]GX =DZLHV]HQLHRVL SQHXPDW\F]QH LX]QDQH]D UÍZQRZDëQH,QQHV\VWHP\ ]DZLHV]HQLDRVL QLHPQLHMQLëWRQLPQLHMQLëWRQ QLHPQLHMQLëWRQLPQLHMQLëWRQ QLHPQLHMQLëWRQLGRWRQZãÜF]QLH SRZ\ëHMWRQ 3U]\F]HS\LQDF]HS\RGZÍFKRVLDFKL'0& QLHPQLHMQLëWRQLPQLHMQLëWRQ QLHPQLHMQLëWRQLPQLHMQLëWRQ\ QLHPQLHMQLëWRQLGRWRQZãÜF]QLH SRZ\ëHMWRQLPQLHMQLëWRQ QLHPQLHMQLëWRQLSRZ\ëHM 3U]\F]HS\LQDF]HS\RWU]HFKRVLDFKL'0& QLHPQLHMQLëWRQLGRWRQZãÜF]QLH SRZ\ëHMWRQLPQLHMQLëWRQ QLHPQLHMQLëWRQLSRZ\ëHM

'RSXV]F]DOQDPDVDFDãNRZLWD ZWRQD 6WDZNDSRGDWNX Z]ãRW\FK 2GWRQGRWRQZãÜF]QLH 3RZ\ëHMWRQGRWRQZãÜF]QLH 3RZ\ëHMWRQLSRQLëHMWRQ 'RSXV]F]DOQDPDVDFDãNRZLWD 6WDZNLSRGDWNXZ]ãRW\FK 1LHPQLHMQLë 0QLHMQLë RçMH]GQD ]]DZLHV]HQLHP SQHXPDW\F]Q\POXE,QQHV\VWHP\ ]DZLHV]HQLD RVLMH]GQ\FK X]Q]DUÍZQRZDëQH ':,(26,( WRQ WRQ WRQ 75=<26,( WRQ WRQ WRQ WRQ\ WRQ\ &=7(5<26,(,:,ß&(- WRQ WRQ WRQ WRQ WRQ 'RSXV]F]DOQDPDVDFDãNRZLWDZWRQD 'RWRQ 3RZ\ëHMWRQLSRQLëHMWRQ 6WDZNDSRGDWNXZ]ãRW\FK 'RSXV]F]DOQDPDVDFDãNRZLWD 6WDZNLSRGDWNXZ]ãRW\FK 1LHPQLHMQLë 0QLHMQLë RçMH]GQD ]]DZLHV]HQLHP SQHXPDW\F]Q\POXE,QQHV\VWHP\ ]DZLHV]HQLD RVLMH]GQ\FK X]Q]DUÍZQRZDëQH ':,(26,( WRQ WRQ WRQ WRQ WRQ 75=<26,( WRQ WRQ WRQ

'RSXV]F]DOQDPDVDFDãNRZLWD 6WDZNLSRGDWNXZ]ãRW\FK 1LHPQLHMQLë 0QLHMQLë RçMH]GQD] ]DZLHV]HQLHP SQHXPDW\F]Q\POXE,QQHV\VWHP\ ]DZLHV]HQLD RVLMH]GQ\FK X]Q]DUÍZQRZDëQH -('1$2æ WRQ WRQ WRQ ':,(26,( WRQ WRQ WRQ WRQ\ WRQ\ WRQ WRQ 75=<26,( WRQ WRQ WRQ /LF]EDPLHMVFVLHG]ÜF\FKãÜF]QLH]PLHMVFHPNLHURZF\ 'RPLHMVFZãÜF]QLH 2GPLHMVFLPQLHMQLëPLHMVF 5ÍZQHMOXEZ\ëV]HMQLëPLHMVF 6WDZNDSRGDWNXZ]ãRW\FK