Você está na página 1de 8

!" $%&'()*'+#,-.'/0 1'2(/'0 3%/(+4+5'06 7*+(8%'*0. % 9:;8:*0.

#$M,$nd$% !/$#/! 2! 8$'!8*#M*%$ 8!l9x&1/! &*%


1&%'#98$&'*% %*&*#*%

E1"061, V)#F,-$
;+$3)6#$101) J)1)60- 1) G}, 706-,# 8 ;JG706
)1"+)#F,-$?":#%06=D6

#ACO>?H i,6 >)$, 10 6)%,>D$+0}, 1) 1$3)6#,# 4$F,# 1) >04)6$0$#& 064$#40#


#,+,6,# %6$0> $+#46">)+4,# ) >0+$:)#40> )> #"0# F)6:,6>0+%)#
#,+,6$101)# $+"#$4010# ) 6"$1,#0#= E#40# )HF)6$>)+40)# 0F,+40> F060 0
)HF-,60}, ) F6,1"}, 1) +,30# 6)-0)# %,> 0 4)%+,-,.$0 #,+,60 04"0-&
%"U,# F6,F#$4,# 0.)+%$0> F)6%)F)# 0%)6%0 1) "> >"+1, c") #)
460+#:,6>0 3)-,o>)+4)= V)#4) 4)H4, F6,F,+*, ">0 6):-)H}, #,D6) 0 6)-0},
)+46) 4)%+,-,.$0 ) , F6,%)##, )HF)6$>)+40- 1) %6$0}, 1) $+#46">)+4,#
#,+,6,# F060 0 F)6:,6>0+%)=
"FRFQBFC3G[FQAO i)6:,6>0+%){ ()%+,-,.$0{ 2+#46">)+4,# #,+,6,#{ !#$%0
)HF)6$>)+40-{ W64) #,+,60=
'=ERA ?T E[A SFSAB =@ $@YR=C[H 5):-)%4$,+# ,+ >0%*$+$% >)40>,6F*,#)# $+
#,"+1 $+#46">)+4#=
!DCEBFGEH [/ 6)%,>D$+$+. #)3)60- @$+1# ,: >04)6$0-#& #,"+1 064$#4# %6)04)
$+#46">)+4# 0+1 >0+$:)#4 $+ 4*)$6 F)6:,6>0+%)# "+)HF)%4)1 0+1 +,$#/
#,+,6$4$)#= (*)#) )HF)6$>)+40- 0%4$,+# 0$> 4, 4*) )HF-,604$,+ 0+1 F6,1"%4$,+
,: +)A 6)-04$,+# 4, %"66)+4 #,"+1 4)%*+,-,./& A*,#) $+4)+4$,+# 06) 6)-04)1 4,
F)6%)F4$,+# ,: 0 A,6-1 4*04 460+#:,6> $4#)-: :0#4= (*) F0F)6 F6,F,#)# 0
6):-)H$,+ ,+ 4*) 6)-04$,+ D)4A))+ 4)%*+,-,./ 0+1 4*) )HF)6$>)+40- F6,%)##
,: %6)04$+. #,"+1 $+#46">)+4# :,6 4*) F)6:,6>0+%)=
LA\]?BPCH i)6:,6>0+%){ ()%*+,-,./{ G,"+1 2+#46">)+4#{ EHF)6$>)+40>"#$%{ G,"+1 064=

#$/*8+1&!(d$% %*&*#!% $ '$/&*,cI1/!%


;B#(&'$ +% U0'5A+% (&+% '$&1+ 6$%$&4+0456+% '#(/(01+% 9+A 5&%'#BA$&'+% %+&+#+%J
$c"$#5A$&'(5% 9#5(6+% ( "(#'5# 6( #$9+A/5&()*+ 6$ 654$#%+% +/m$'+% $ A('$#5(5% (6("'(6+% $A
&+4( IB&)*+, ! $c"$#5j&95( 6$ 9#5()*+ 6$%'$% 5&%'#BA$&'+% "(%%+B "+# 654$#%(% I(%$%,
e&595(0A$&'$[ $%'$% 5&%'#BA$&'+% "$#'$&95(A (+ AB&6+ (9U%'59+[ $ $#(A 9+&I$995+&(6+% 9+A
A('$#5(5% 9+A+ 0('`$%[ /(##(% 6$ ()+[ 9+#6(%[ A(6$5#([ 6$&'#$ +B'#+%, L(5% #$9$&'$A$&'$[
5&9+#"+#$5 (+ "#+9$%%+ 9+A"+&$&'$% $0g'#59+% $ $0$'#^&59+%[ 9+A+ 9("'(6+#$% "5$WW+:$0g'#59+ $
+%950(6+#$% $0$'#^&59+% 6$ %+A[ (%%5A 9+A+ 9+A"B'(6+#$% $ %+I'H(#$% bB$ "+%%5/505'(#(A +
'#(/(01+ 6$ (%%+95()*+ $&'#$ %+&% $ 5A(G$&% 6$ 4i6$+ "#+m$'(6(%, e&9+#"+#$5 (+ "#+9$%%+
9#5('54+ + B%+ 6$ #$9B#%+% $0$'#^&59+%[ /B%9(&6+ &+4+% %+&% $ ('#(i6+ "$0( "+%%5/5056(6$ 6$
9#5(# #$0()`$% $&'#$ BA '5"+ 6$ '$9&+0+G5( $ +B'#+,
ZA '$#A+% 9+A"+%595+&(5% +9+##$ BA( #$0()*+ $&'#$ + "#+9$%%+ 6$ 9#5()*+ %+&+#( $ +
P

;4$-$o, , 4)6>, $+#46">)+4, #,+,6, +, -".06 1) $+#46">)+4, >"#$%0- %,> 0 $+4)+}, 1) )#40D)-)%)6 6)-0)#
%,> , 4)6>, 064) #,+,60= V)#4) #)+4$1,& )+4)+1, 064) #,+,60 %,>, "> 4)6>, >0$# 0>F-,& >"$40# 3)o)#
6)-0%$,+01, F6,%)##,# %6$04$3,# *D6$1,# c") $+%-")> 0 $+4).60}, )+46) ,# >)$,# #,+,6,& 3$#"0-& F-y#4$%,&
0##$> %,>, %,> , )#F0, ) 0 )HF-,60}, 1) 4)%+,-,.$0#= j $+#46">)+4, #,+,6,& F,6 1)6$30},& 6)-0%$,+0M#)
%,> ,# 6)%"6#,# $+)6)+4)# 0, F6,%)##, %,>F,#$%$,+0- )#4)+1$1, 10 064) #,+,60=

q2JJF2q

!" $%&'()*'+#,-.'/0 1'2(/'0 3%/(+4+5'06 7*+(8%'*0. % 9:;8:*0.

"#+9$%%+ 6$ ("#+"#5()*+ '$9&+0TG59([ &( A$656( $A bB$ ( A(&5"B0()*+ 6$ A('$#5(5% $ +


6$%$&4+045A$&'+ 6$ %+&+#56(6$% %$ (mB%'(A "(#( BA( A$%A( I5&(056(6$ "+g'59(, a+# 5%'+[ &*+
%*+ bB(5%bB$# A('$#5(5% bB$ %*+ B'505W(6+%[ md bB$ g ( "#+9B#( "+# A('$#5(5% bB$ "#+6BW(A
%+&% bB$ 9+&6BW + "#+9$%%+, kd '(A/gA BA( /B%9( 9+&'i&B( $A #$9+A/5&(# 9+A"+&$&'$% $
+/m$'+% $A 6$%B%+ "#+6BW56+% 5&6B%'#5(0A$&'$[ &( /B%9( 6$ &+4(% "+%%5/5056(6$% 6$ G$#()*+
6$ A('$#5(5% %+&+#+% $ 45%B(5%,
OB'#+ I('+# #$0$4(&'$ &( 9#5()*+ 6$%'$% 5&%'#BA$&'+% $c"$#5A$&'(5% 9+A"#$$&6$ (
$c"0+#()*+ 6$ G$%'+% 5&$#$&'$% bB$ 9+A"+&1(A + "#+9$%%+ "$#I+#A('54+, ;$%'$ A+6+[
"#+"+&1+ ( 56g5( 6$ $c"0+#(# ( 9+A/5&()*+ 6$ A('$#5(5% $ ( 9+&%'#B)*+ 6$ 5&%'#BA$&'+%
%+&+#+% $ 5&'$#I(9$% $0$'#^&59(% bB$ $c"0+#$A "+%%5/5056(6$% G$%'B(5% bB$ %$ #$0(95+&(A 9+A
( "+g'59( 6$%$&4+0456(,22
! 56g5( 6$ "#+6BW5# #$0()`$% $&'#$ + A$5+ %+&+#+ $ 45%B(0 %$ $%'$&6$B (+ B%+ 6$
9+A"B'(6+#$% $ %+I'H(#$% $%"$9iI59+% "(#( A$65(# + "#+9$%%+ 6$ (%%+95()*+[ #$%B0'(&6+
'#(/(01+% $A bB$ ( "#+m$)*+ 6$ 4i6$+ g '#(&%I+#A(6( ( "(#'5# 6( A(&5"B0()*+ 6(% 5&I+#A()`$%
%+&+#(% +/'56( 6+% 5&%'#BA$&'+%[ +B (+ 9+&'#d#5+[ bB(&6+ +% %+&% 6+% 5&%'#BA$&'+% %*+
'#(&%I+#A(6+% ( "(#'5# 6( 0$5'B#( 6$ 5&I+#A()`$% $c'#(i6(% 6+% 4i6$+%,
ZA Nhhf[ ( 5&%'(0()*+ K'&0'%.#0 !"#")'0 . U&0*'&0x B'505W+B 5&%'#BA$&'+% %+&+#+% 6$
9+#6( 9+&%'#Bi6+% $A A(6$5#( $ A$'(0 "(#( "#+6BW5# %+&% $ (95+&(# 9+A/5&()`$% &(% 5A(G$&%
6$ 4i6$+ "#+m$'(6(%, !% 5A(G$&% 6$ 4i6$+ I+#(A #$(05W(6(% "$0(% 9+:(B'+#(% 6+ "#+m$'+ &(
%$GB&6( A$'(6$ 6( 6g9(6( 6$ JYYh &(% $%'()`$% $ 5&'$#5+#$% 6+% '#$&% bB$ 9+A"B&1(A (
#$6$ I$##+45d#5( 6+ $%'(6+ 6$ K*+ a(B0+, v$%'( 5&%'(0()*+[ ( 9+A"+%5)*+ A$'d059( 6+%
5&%'#BA$&'+% %+&+#+% 6$B 9+&'5&B56(6$ (+ B&54$#%+ "+g'59+ 6(% AdbB5&(% I$##+45d#5(%,22
O% "#+9$65A$&'+% 6$ #$9+A/5&()*+ 6$ A('$#5(5% $ +/m$'+% A$ 0$4(#(A ( 6$%$&4+04$#
BA( (/+#6(G$A 9+&'$c'B(0 6+ '$#A+ '$9&+0+G5([ $%"$95(0A$&'$ bB(&6+ ("059(6+ (+
5&%'#BA$&'+ %+&+#+ +B S% 5&'$#I(9$% 6$ 9+&'#+0$ (B65+45%B(0, ]B%bB$5[ &$%'$ %$&'56+[ $c"0+#(#
+% %5G&5I59(6+% bB$ $A$#G$A 6$%'$ "#+9$%%+, a+# $c$A"0+[ &+ $%"$'d9B0+ AB0'5Ai65(
X#.5")<"0.0 >NhJhNhJJE[ #$(05W(6+ &+ VA/5'+ 6+ K)"\.+" F@*')1'e[ ( "#$%$&)( 6$ BA "5(&+
"#$"(#(6+ g 9+&mBG(6( S 6$ BA( AdbB5&( 6$ $%9#$4$# bB$ g B'505W(6( 9+A+ 5&%'#BA$&'+
%+&+#+, Z%'$% 6+5% 5&%'#BA$&'+% %*+ B%(6+% 6$ A+6+ ( "#+6BW5#$A BA( +"+%5)*+ 6$ %$&'56+%,
O "5(&+ g 45%'+ &+ "(09+ 9+A+ BA "5(&+ A$%A+[ "+#gA[ + %$B %+A $&9+&'#(:%$ (0'$#(6+ "$0(
"#$"(#()*+ 6$ %B(% 9+#6(%[ (%%$A$01(&6+:%$ A(5% ( BA 5&%'#BA$&'+ "$#9B%%54+ 6$ $%"$9'#+
%+&+#+ 9+A"0$c+[ + bB$ 9+A"#+A$'$ + $bB50i/#5+ 6$ %B( #$6$ A(bBi&59(, O %+A 6( AdbB5&(
6$ $%9#$4$#[ "+# +B'#+ 0(6+[ '#(/(01(6+ AB%59(0A$&'$[ #$%GB(#6( ( %$AV&'59( 6( 05&GB(G$A
$%9#5'( $ 6+ $%9#5'T#5+[ $ &*+ "$#A5'$ bB$ + +B45&'$ %$ 6$%'(bB$ 6$%'$ 9(A"+ 6$ %5G&5I59()*+,
!A/+% "$#'$&9$A (+ B&54$#%+ '$9&+0TG59+ 6(% (0(4(&9(% $ $&G#$&(G$&%, a+#gA[ $&bB(&'+ (
AdbB5&( 6$ $%9#$4$# #$(I5#A( $%'$ '$##5'T#5+[ + "5(&+ 9#5( BA 6$%45+ bB$ (%%5&(0( BA
(I(%'(A$&'+ 6+ A(bB5&5%A+ 6$ +#5G$AX,
OB'#+% 5&%'#BA$&'+% %*+ 9+&%'#Bi6+% 9+A + ("#+4$5'(A$&'+ 6$ A('$#5(5% 9+'565(&+%[ bB$
%*+ "+%'+% $A &+4( IB&)*+, ZA ("#+&#**5` >NhJJE[ B'505W$5 BA( G#(6$ 6$ G$0(6$5#( $ ("T%
Q

WF6)#)+401, +, 22 :)#4$30- 7,+404, SG}, 706-,#T= (60D0-*, 6)0-$o01, )> F06%)6$0 %,> W-)H0+160 i$+4,& J0D$0+0
v$%4,6 ) !06$0 p"-$0 !064$+#= W# $>0.)+# "4$-$o010# +0 $+#40-0}, :,60> 6)0-$o010# F,6 W-)H0+160 i$+4, ) J0D$0+0
v$%4,6=

WF6)#)+401, +, 2v J)#4$30- B#,'!'#J &$+'(&Y*(!S 3g*(#S I9S "(,.&! . !3'. .+.'3#,("! SG}, 706-,#T ) +, M.%'(/!+
H,'.3,!"(#,!+ *. _(,2$!2.& :+.'3h,("! SG}, i0"-,T= (6040M#) 1, 460D0-*, 1)#)+3,-3$1, +, >D$4, 1, i6,U)4,
Wc"06F0& 6)0-$o01, U"+4, 0, -0D,6046$, 1) 7,+#46"}, 1) 2+#46">)+4,# 1, 9)F0640>)+4, 1) W64)# )
7,>"+$%0}, 10 ;+$3)6#$101) J)1)60- 1) G}, 706-,# 8 ;JG706& ) %,,61)+01, F)-, 0"4,6 1)#4) 064$.,= j i6,U)4,
Wc"06F0 ,DU)4$30 1$3"-.06 ) $+4)6%0>D$06 6)#"-401,# 1) F)#c"$#0# %"U,# :,%,# #}, 0 %6$0}, )HF)6$>)+40- 1)
6)%"6#,# #,+,6,# ) 3$#"0$# F,6 >)$, 1) 0F6)#)+40)# 064#4$%0# ) ,:$%$+0#= 76$01, )> QRPR& , F6,U)4, 4)>
%,+401, %,> 0 04"0}, 1) )#4"10+4)# 1, %"6#, 1) >#$%0 10 ;JG706=

E#40 0}, 1) 460+#:,6>0}, 1, F$0+, ) 1, "#, 1) ,DU)4,# )> +,30 :"+}, )#4y F6)#)+4) +0 ,D60 1) p,*+ 70.)&
) F,##"$ $+#F$60}, +0 +,}, 1) 3.!*8&!*. 1) !06%)- 9"%*0>F=

WF6)#)+401, +, @#,#3('(.% M.%'(/!+ #0 B#,'.&4#3!38 i$%(" S[)-:0#4 a 26-0+10 1, V,64)T=

q2JJf2q

!" $%&'()*'+#,-.'/0 1'2(/'0 3%/(+4+5'06 7*+(8%'*0. % 9:;8:*0.

#$9+#'(# %B( /(##(% 5&'$#&( >(% "$bB$&(% /(##(% "(#(0$0(% &+ 5&'$#5+# 6( G#(6$E I+5 "+%%i4$0
$c'#(5# 654$#%+% '+&% 6$%'$ +/m$'+, l'505W$5 BA 9("'(6+# "5$W$0g'#59+ "(#( 9("'B#(# (% 45/#()`$%
6+ A$'(0[ + bB$ "+%%5/505'+B + #$(09$ 6+ '5A/#$ $ ( $%9B'( 6+% %+&%2r+9B0'+%s,
OB'#+% 5&%'#BA$&'+% I+#(A 9+&%'#Bi6+% 9+A A('$#5(5% $A &+4(% IB&)`$%[ %$&6+ bB$ +
(%"$9'+ 45%B(0 6$%'$% 5&%'#BA$&'+% /B%9( 9+&%$#4(# ( +#5G$A 6+% A('$#5(5% B'505W(6+%, ! +")*+
6$ 6$5c(#[ AB5'(% 4$W$%[ +% 9+A"+&$&'$% B'505W(6+% &( 9+&%'#B)*+ 6+% 5&%'#BA$&'+% %+&+#+%
$A %B(% I+#A(% +#5G5&(5% #$I$#$:%$ mB%'(A$&'$ S 56g5( 6$ A(&'$# BA 9(A"+ 6$ '$&%*+ 05A5&(#
bB$ %$ 9+0+9( $&'#$ ( A$AT#5( 6+ bB$ g $ ( "+%%5/5056(6$ 6+ 45# ( %$# 6$%'$% +/m$'+%, Z%'$
"#+9$65A$&'+[ (0gA 6$ (%%5&(0(# BA( #$0()*+ i&'5A( $&'#$ 9+A"+&$&'$% A('$#5(5% $
"+%%5/5056(6$% 6$ G$#()*+ %+&+#( $ 45%B(0[ "+%%B5 9+A+ I+#)( A+'#5W ( 56g5( 6$ #$9+A/5&()*+
'$9&+0TG59([ &( A$656( $A bB$ + "#+9$%%+ 9#5('54+ /B%9( "#+6BW5# '$&%*+ &+% %5G&5I59(6+% $
()`$% 9#5%'(05W(6(% $A '+#&+ 6+% +/m$'+% $ A('$#5(5% B'505W(6+%,
O 15/#565%A+ 6$ 05&GB(G$&% (#'i%'59(% $ ( $c"0+#()*+ 6$ (%"$9'+% '$9&+0TG59+%[ "#$%$&'$
$A AB5'+% '#(/(01+% (#'i%'59+% 9+&'$A"+#V&$+%[ ("+&'(A "(#( BA( $%'5AB0()*+ %5&$%'g%59(
6+% %$&'56+% $ BA( #$9+A/5&()*+ 5&4$&'54( 6$ 9+&1$95A$&'+% #$0(95+&(6+% S% '$9&+0+G5(%
%+&+#(% 6$%$&4+0456(% &+ %g9B0+ ~~, ZA $%"$95(0[ ( '$&6j&95( 6$ ("#+c5A()*+ $&'#$ +
'#(/(01+ %+&+#+ $ + "0d%'59+:45%B(0[ 9(#(9'$#i%'59( #$0(95+&(6( S 4$#'$&'$ (#'i%'59( ( bB(0 %$ '$A
6$&+A5&(6+ 6$ !#'$ K+&+#([ 056( 65#$'(A$&'$ 9+A + 15/#565%A+ 6$ 05&GB(G$&% (#'i%'59(%
("059(6( S 9#5()*+ 6$ (A/5$&'$% %+&+#+% >8e3k.[ NhhFE, Z%'$% '#(/(01+% "(#$9$A %$
#$0(95+&(# 65#$'(A$&'$ 9+A ( '#(&%I+#A()*+ '$9&+0TG59( ( bB(0 ( %+95$6(6$ 9+&'$A"+#V&$(
('#(4$%%([ (%%5A 9+A+ %$ 6$%6+/#(A 6$ "#+/0$Ad'59(% bB$ $A$#G$A 6$ &+4(% #$0()`$%
$%'(/$0$956(% 9+A + '$A"+ $ + $%"()+ %+95(0 >K!8.Z=[ NhJhE,
! 5&4$%'5G()*+ 6$%'(% #$9+A/5&()`$% 6$ A('$#5(5% $ 9+A"+&$&'$% $0$'#^&59+% &( (#'$
%+&+#( '$A A$ 0$4(6+ ( #$I0$'5# (9$#9( 6$ 9+A+ $%'$ 9(A"+ 6$ 9#5()*+ '$A %$ "+%595+&(6+ $A
#$0()*+ (+ (64$&'+ 6$ &+4(% '$9&+0+G5(% &+ %g9B0+ ~~, L5&1(% +/%$#4()`$% A$ 0$4(A (
#$I0$'5# (9$#9( 6( #$0()*+ $&'#$ ( "$#I+#A(&9$ (#'i%'59( $ ( $c"$#5A$&'()*+ '$9&+0TG59( bB$ %$
6$%6+/#( 6( 9#5()*+ 6$ &+4+% 5&%'#BA$&'+% %+&+#+% $0g'#59+% $ $0$'#^&59+%[ '(&'+ $A #$0()*+
(+% A+6+% +"$#(95+&(5%[ +B %$m([ S% %B(% 5&%$#)`$% $A "#+9$%%+% 6$ 9#5()*+[ bB(&'+ $A
#$0()*+ (+% A+45A$&'+% %B/m$'54+% $ 56$+0TG59+% bB$ %$ 6$%6+/#(A, L$B +/m$'54+ &$%'$ '$c'+
g A$01+# 9+A"#$$&6$# '(5% bB$%'`$%,

'$/&*,*I1! $ !I$&/1!8$&'* 8!l9x&1/*


! #$I0$c*+ %+/#$ ( #$0()*+ $&'#$ "$#I+#A(&9$ $ '$9&+0+G5( &*+ %$ #$I$#$ "#$95%(A$&'$ (+
AB&6+ "T%:5&6B%'#5(0[ A(% $&9+&'#(:%$ &+ 9$&'#+ I+9(0 6$ bB$%'`$% bB$ $&4+04$A + I(W$#
(#'i%'59+ $ +% "#+9$%%+% 6$ 9#5()*+[ BA( 4$W22bB$ + '$#A+ '$9&+0+G5( "+6$ %$# 45%'+ $A #$0()*+
&*+ %+A$&'$ (+% ("(#('+% #$0(95+&(6+% S "#+6B)*+ A('$#5(0 9+A+ '(A/gA $A #$0()*+ (+%
5&%'#BA$&'+% 5&'$0$9'B(5% $ %$&%+#5(5% bB$ "#+6BW$A %$&'56+% $ %B/m$'5456(6$%, !%%5A[
"+6$A+% "$&%(# &( $c5%'j&95( 6$ '$9&+0+G5(% %+95(5% bB$ (G$&95(A 65%9B#%+%[ 56$+0+G5(% $
"#d'59(% 9+0$'54(%,
lA( 5&'$#()*+ 9+&'i&B( $&'#$ ( A('$#5(056(6$ 6+% ("(#('+% $ ( 9+##$0()*+ 6$ $%bB$A(%
5&'$0$9'B(5% 6$4$ %$# 9+&%56$#(6( (+ #$I0$'5#A+% %+/#$ + '$#A+ '$9&+0+G5([ '$&6+ $A 45%'( bB$
( A('$#5(05W()*+ 6$ 9$#'+ '5"+ 6$ '$9&+0+G5( $&9+&'#(:%$ 9+A"0$'(A$&'$ 5A/#59(6( 9+A (%
I+#A(% 6$ "$&%(A$&'+ $ 6$ ()*+ 6$ BA 6$'$#A5&(6+ 9+&'$c'+ 15%'T#59+:%+95(0, !% '$9&+0+G5(%
$0$'#^&59(% $ 65G5'(5% ('B(5% 9+&%'5'B$A[ &$%'$ %$&'56+[ BA 9(A"+ $%"$9iI59+ 6$ #$0()`$%
>8Q}[ JYY-E,
! #$0()*+ $&'#$ '$9&+0+G5( $ "$#I+#A(&9$ "+6$ %$#2245%B(05W(6( 90(#(A$&'$ &( AU%59(, !
AU%59( "#+"595( BA( 45%B(05W()*+ 90(#( 6$%'( #$0()*+ &( A$656( $A bB$ +% 5&%'#BA$&'+%
%+&+#+% %*+ ("(#('+% '$9&+0TG59+% bB$ "+%%B$A $%'#$5'( #$0()*+ 9+A + A+6+ 6$ "$&%(A$&'+
$ 9+&1$95A$&'+ 6$ BA( 6$'$#A5&(6( %+95$6(6$, !0I#$6 \$00 >JYffE[ (+ 6$%9#$4$# +
q2JJY2q

!" $%&'()*'+#,-.'/0 1'2(/'0 3%/(+4+5'06 7*+(8%'*0. % 9:;8:*0.

5&%'#BA$&'+ AB%59(0 $A %$B (%"$9'+ '$9&+0TG59+[ (%%5&(0( bB$ $%'$ '5"+ 6$ 65%"+%5'54+ "+%%B5
"#+"#5$6(6$% $%"$95I59(%[ md bB$[ 65I$#$&'$A$&'$ 6$ BA 5&%'#BA$&'+ #$0(95+&(6+ S %B/%5%'j&95(
A('$#5(0[ 9+A+ + A(91(6+[ %$B "#+"T%5'+ g 6$%$&9(6$(# #$()`$% "%59+0TG59(% &( #$6$ %+95(0,
a+6$A+% 9+A"#$$&6$# +% 5&%'#BA$&'+% %+&+#+% 9+A+ AdbB5&(% %+&+#(% 6$'$#A5&(6(%
&*+ %+A$&'$ "+# %B(% #$0()`$% $%'#B'B#(5% 9+A+ '(A/gA "$0+% %$&'56+% bB$ "#+m$'(A+% %+/#$
$0$%, 3+A+ '+6( AdbB5&([ + 5&%'#BA$&'+ %+&+#+ (G$&95( BA A+6+ 6$ #$0()*+ 9+A + 9+#"+[
('54(&6+ ()`$% $ %$&'56+%, ! I+#A( 9+A+ &+% #$0(95+&(A+% 9+A +% 5&%'#BA$&'+% %+&+#+%
9+##$%"+&6$ &*+ %+A$&'$ S %B( 65A$&%*+ $%'#B'B#(0[ 9+A+ '(A/gA S 65A$&%*+ %$&%+#5(0 $
9+G&5'54( bB$ 9+&%'5'BiA+% 9+A $0$%,
!%%5A[ ( 56g5( 6$ AdbB5&( &*+ %$ $&9+&'#( (bB5 I+9(6( %+A$&'$ &(% "#+"#5$6(6$%
$%'#B'B#(5% 6+ 65%"+%5'54+ 'g9&59+[ A(% &( #$0()*+ $&'#$ + 65%"+%5'54+ $ +% A+6+% 6$ #$0()*+
bB$ %$ 6$%6+/#(A 6+% $%bB$A(% 9+#"+#(5%[ 5&'$0$9'B(5% $ %$&%+#5(5% bB$ $I$'54(A #$%B0'(6+%
&( #$6$ %+95(0 >\Z88[ JYffE, v$%'$ %$&'56+[ (% AdbB5&(% %+&+#(% "+%%B$A 9+A"+&$&'$%
A('$#5(5%[ A(% '(A/gA 9+A"+&$&'$% $&$#Gg'59+%[ %B/m$'54+% $ 5A(G5&d#5+%,
Z%'( (/+#6(G$A (9$#9( 6( AdbB5&( (#'59B0(:%$ 9+A + "$&%(A$&'+ 6$ Pg05c \B(''(#5,
K$GB&6+ \B(''(#5 >JYYNE 1d AdbB5&(% bB$ ('B(A 9+A+ 65%"+%5'54+% A('$#5(5%[ bB$ 5&'$#I$#$A
$ A+65I59(A ( 65&VA59( 6+ 1+A$A 9+A + A$5+[ bB$ %B/%'5'B$A %$B% /#()+% $ "$#&(%[ +B
$%'$&6$A + +01(# $ ( $%9B'( &+ $%"()+, L(% '(A/gA "+6$A+% $&'$&6$# 9+A+ AdbB5&(% +%
9+A"+&$&'$% %$A5T'59+% #$0(95+&(6+% S "$%bB5%([ +#G(&5W()*+[ 65(G#(A()*+ $ B'505W()*+ 6+%
9+A"+&$&'$% A('$#5(5%, a+6$A+% I(0(# '(A/gA 6$ AdbB5&(% 6$%$m(&'$% bB$ "#+6BW$A BA(
%B/m$'5456(6$ &$%'$% 9+A"+&$&'$%[ $ bB$ 6$05&$5(A BA( "+%%i4$0 B'505W()*+, Z "+# I5A[ + (B'+#
(%%5&(0( ( $c5%'j&95( 6$ AdbB5&(% (/%'#('(% bB$ %*+ '#(&%4$#%(5%2 r(+% &i4$5% A(bBi&59+%
A('$#5(5%[ 9+G&5'54+%[ (I$'54+%[ %+95(5%s 2>\l!..!=e[ JYYN[ ", X_E[ $ bB$ 01$% +I$#$9$A
9+&%5%'j&95(, ! AdbB5&( (/%'#('( g '#(&%4$#%(0 ( '+6+% $%'$% +B'#+% &i4$5% 1$'$#+Gj&$+%
$&BA$#(6+%[ $c'#(5&6+ 6$0$% #$0()`$% $ "+'j&95(%, lA 9+&mB&'+ 9+A+ $%'$ g 6$&+A5&(6+ "+#
\B(''(#5 6$2r(G$&95(A$&'+ A(bBi&59+sR
K$ 6$%9+&%'#B5#A+% BA A(#'$0+[ #$'5#(&6+:01$ %$B 9(/+R g %$A"#$ BA A(#'$0+[ A(% $A $%'(6+
?AB'50(6+D, !2 ?9(/$)(D 26+ A(#'$0+ : +B'#( A$'dI+#( W++AT#I59( : "+6$ %$# #$6BW56( "+# IB%*+, Z0(
'#(&%"+#d $&'*+ BA 05A5(# 6$ 9+&%5%'j&95( I+#A(0 +&6$ "$#6$#d %B( I+#A(w $%'( %.0+'$+ A(bBi&59(
+"$#([ (05d%[ '(&'+ $A BA "0(&+ '$9&+0TG59+[ bB(&'+ $A BA "0(&+ 5A(G5&d#5+ >bB(&6+ %$ $4+9([ "+#
$c$A"0+[ ( 0$A/#(&)( +/%+0$'( 6( I+59$ $ 6+ A(#'$0+E, 3+&%$b$&'$A$&'$[ $%'(A+% ("$&(% 65(&'$
6$ BA( A(%%( A$'d059( 6$4+0456( (+ (05%(A$&'+[ S 6$%'$##5'+#5(05W()*+[ bB$ "#$9$6$ %B( $&'#(6(
&BA( I+#A( A(bBi&59(, a(#( B0'#("(%%(# $%%$ '5"+ 6$ $c"$#5j&95([ %5A50(# S bB$6( 6+ "$6()+ 6$ 9$#(
9(#'$%5(&+[ '$&'$A+%[ 5&4$#%(A$&'$[ (%%+95(# + A(#'$0+ $ + /#()+[ + "#$G+ $ ( /5G+#&(, Z0$% A(&'jA
$&'#$ %5 #$0()`$% 6$ $&9(6$(A$&'+ %5&'(GAd'59(%, KB(2?6(&)( 9+0$'54(D2"+6$#d A$%A+ #$%%B%95'(# (
6$IB&'( 9+#"+#()*+ 6+% I$##$5#+%[ ( %5&5%'#( g"+9( 6(% (&'5G(% A5&(% 6$ I$##+[ +% B%+% (&9$%'#(5% 6(%
#+6(% 6$ I$##+,,, >,,,E O +/m$'+ 'g9&59+ &*+ g &(6( I+#( 6+ 9+&mB&'+ 'g9&59+ ( bB$ "$#'$&9$2>\l!..!=e[
JYYN[ ", XF:XfE,

! 56g5( 6$ '$9&+0+G5( $&9+&'#(:%$ #$0(95+&(6( 9+A + %Bm$5'+ &( A$656( $A bB$ $0$
9+A"(#'501( + (G$&95(A$&'+ A(bBi&59+, v$%'$ %$&'56+[ (% AdbB5&(% A(&'jA 9$#'+ &i4$0 6$
(0'$#56(6$ 9+A +% %Bm$5'+%[ md bB$ (+ A$%A+ '$A"+ $A bB$ %$ (9+"0(A $ $%'$&6$A (%
"+'j&95(% 9+#"+#(5%[ 9+A"+#'(A:%$ 9+A+ 9+A"+&$&'$% $%'#(&1+% (+% 9+#"+%,
a+# +B'#+ 0(6+[ (% AdbB5&(% A(&'gA $&'#$ %5 65&(A5%A+% 6$ '#+9(, Z%'$% 65&(A5%A+% 6$
5&'$#9VA/5+ ("+&'(A "(#( + %$&'56+ 6$ bB$ (% AdbB5&(% &$9$%%5'(A %$A"#$ 6$ $0$A$&'+%
$c'$#5+#$% "(#( $c5%'5#$A 9+A+ '(0[ + bB$ 9+&I$#$ ( $0(% BA( 65&VA59( %B%'$&'(6( &(
(#'59B0()*+ 6(% 65I$#$&)(% $&'#$ (% "(#'$% 6$ BA '+6+ bB$ $0(% 9+A"`$A, Z%'( 56g5( 6$
(0'$#56(6$ $ 9+&$c*+ "+6$ %$# ("059(6( '(A/gA &( #$0()*+ 9+A +% 1BA(&+%[ &( A$656( $A
bB$ +% 65%"+%5'54+% 'g9&59+% "+6$A %$# 45%'+% &BA( #$0()*+ 6$ 9+A"0$A$&'(#56(6$ 9+A +
1+A$A[ bB$ +% 9+&%'#+$A[ +% I(W$A IB&95+&(# $ (+ A$%A+ +% "+6$A '#(&%I+#A(#,
Z&4+0456( $A '+6+ $%'$ 65&(A5%A+[ "+# 6$'#d% 6( AdbB5&( 'g9&59( $&9+&'#(:%$ (
bB$%'*+ 6+% $I$5'+% bB$ $0(% %*+ 9("(W$% 6$ G$#(# $ 6( "$#6( 6( IB&95+&(056(6$, !
"+%%5/5056(6$ 6( AdbB5&( (0'$#(# + IB&95+&(A$&'+ +B "(#(# 6$ IB&95+&(# $%'d %$A"#$
q2JNh2q

!" $%&'()*'+#,-.'/0 1'2(/'0 3%/(+4+5'06 7*+(8%'*0. % 9:;8:*0.

"$#%$GB5&6+ %B( 9("(956(6$ 6$ "#+6BW5# $I$5'+%[ %$m( $A 6$9+##j&95( 6$ BA( 6$9+A"+%5)*+


6$ &i4$0 A$9V&59+[ $%'#B'B#(0 +B 5&I+#A(95+&(0w +B "+# BA( I(01( 6$ &i4$0 +"$#(95+&(0 &(
#$0()*+ $&'#$ + 5&654i6B+ $ ( AdbB5&(,
a$#9+##$&6+ $%'( (/+#6(G$A[ "+6$A+% 9+A"#$$&6$# 6+5% (%"$9'+% IB&6(A$&'(5%, O
"#5A$5#+ 6$0$% #$I$#$:%$ S #$0()*+ 6$ 9+&'5&B56(6$ $&'#$ +% 9+0$'54+% 1BA(&+% $ (% AdbB5&(%[
+ bB$ IB&6(A$&'( + "#T"#5+ %$&'56+ 6+ '$#A+ '$9&+0+G5(, O %$GB&6+ "+&'+ #$I$#$:%$ (+ %$&'56+
6$ bB$ (+ A+65I59(#A+% (% "(#'$% 6$ BA( AdbB5&([ +B %$ (0'$#(#A+% + %$B IB&95+&(A$&'+[
$%'(A+% A+65I59(&6+ $A A(5+# +B A$&+# G#(B[ ( #$6$ '$9&+0TG59( bB$ %$ #$0(95+&( 9+A $0(,

! 8_l91&! "$#M*#8_'1/! &! !#'$


=$I5#+:A$ (bB5 (+ 9+&'$c'+ 5&'$G#(0 $A bB$ BA( "$#I+#A(&9$ g 9+&%'#Bi6( $ +"$#(6(
(#'5%'59(A$&'$, O% &i4$5% A(bBi&59+% 6$ BA( "$#I+#A(&9$ "+6$A 4(#5(#[ $ 6$"$&6$A 6(%
#$0()`$% $&'#$ +% 654$#%+% #$9B#%+% B'505W(6+% "(#( "#+A+4$#$A +% +/m$'54+% 6$ BA $4$&'+,
a+# +B'#+ 0(6+[ 4+B 5&4$%'5# &+ I('+ 6$ bB$ BA( "$#I+#A(&9$ %$ 05G( $ %$ $%'$&6$ "+# '+6( (
#$6$ %+95(0 (0gA 6+ $4$&'+ "$#I+#Ad'59+ "#+"#5(A$&'$ 65'+, e%'+ bB$# 65W$# bB$ (+ A$%A+
'$A"+ $A bB$ $0( #$I0$'$ BA( 65A$&%*+ $"5%'$A+0TG59( 6( #$0()*+ 6+ 1+A$A 9+A + A$5+[ %$
("#$%$&'( 9+A+ BA A+'+# bB$ A+45A$&'( $%'( #$0()*+,
! AdbB5&( "$#I+#Ad'59( 6( (#'$ "+%%B5 BA( $%'#$5'( #$0()*+ 9+A (% 5&I+#A()`$%
%$&%+#5(5% bB$ '#+9(A+% 9+A + A$5+, KB(% I+#A(% 6$ ()*+ 5&90B$A ( 5&6B)*+ 6( 5A(G5&()*+ $
+ 05A5(# $&'#$ (% ()`$% 6$ 9+&'#+0$ $ 6$%9+&'#+0$ 9+#"+#(0 $ 'g9&59+, Z0( "$#"(%%( + $%"()+
%+95(0 "+# A$5+ 6$ 45/#()`$%[ 5%'+ g[ +%950()`$% "#+m$'(6(% "$0+% A+45A$&'+% G$#(6+% "$0+%
G$%'+% $ ()`$% 9+#"+#(5%,
Z%'$ m+G+ 6$ #$0()`$% $&'#$ ()`$% $ A$5+ g 6$%$&9(6$(6+ "$0( AdbB5&( "$#I+#Ad'59(
('#(4g% 6( A(&5"B0()*+ 6$ 9+A"+&$&'$% %$&%+#5(5% bB$ 9#5(A A+45A$&'+% &( 5A(G5&()*+ $
&+ "#T"#5+ I0Bc+ 6$ 9+&$c`$% $&'#$ +% &i4$5% 1$'$#+Gj&$+% bB$ 9+A"`$A +% (G$&95(A$&'+%
A(bBi&59+%, ! "$#I+#A(&9$ $A %5[ "+6$ %$# 45%'( 9+A+ BA (G$&95(A$&'+ A(bBi&59+ bB$ %$
$%'$&6$ $ %$ 9+&$9'( 9+A +B'#+% (G$&95(A$&'+% 9+A +% bB(5% $0( $%'(/$0$9$ 9+&'('+[
"$#A5'5&6+ ( "(%%(G$A 6$ 5&I+#A()`$% $&'#$ $%'$% 9+&'$c'+%,
! "$#I+#A(&9$ (#'i%'59( 5A"059( $A $%'(/$0$9$# ( '#(&%6B)*+_ $&'#$ &i4$5%[ +B %$m([ (
9+&4$#%*+ bB(05'('54( $&'#$ 65I$#$&'$% %B"+#'$% $ A$5+% 6$ 9+&6B)*+, ! AdbB5&( "$#I+#Ad'59(
"+%%B5 9+A+ 9(#(9'$#i%'59( ( 9("(956(6$ 6$ '#(&%6BW5#22 5&I+#A()`$% %$&%+#5(5% "+# 65I$#$&'$%
A$5+%[ '#(/(01(&6+ 9+A+ BA( (Gj&95( 6$ A$65()*+ &( #$6$ %+95(0, v$%'$ %$&'56+[ (
"$#I+#A(&9$ (#'i%'59( %$ 9+0+9( 9+A+ BA( AdbB5&( %$&%+#5(0 $ "$#9$"'54([ &( A$656( $A bB$
I(W +% %5G&+% %+95(5% ('#(4$%%(#$A 6+ $%"()+ 5A(G5&d#5+ >A$&'(0E "(#( + $%"()+ 9+0$'54+
>%+95(0E[ $ 459$:4$#%(,
Q$m(A+% 5%'+ "+# A$5+ 6+ 5&%'#BA$&'+ %+&+#+ A(5% BA( 4$W, v( ()*+ 6$ (95+&(A$&'+ 6+
%+A[ + AU%59+ I(W + G$%'+ %+&+#+ '#(&%"(%%(# 6+ 5A(G5&d#5+ S $%9B'( 9+0$'54( "+# A$5+ 6$ BA(
%g#5$ 6$ "#+9$%%+% 6$ '#(&%6B)*+, v+ 5&%'#BA$&'+ (9U%'59+ $%'$ "#+9$%%+ +9+##$ $&'#$ (%
5&%'V&95(% "%ibB59(% $ Ii%59(% 6+ 9+#"+[ bB$ 6$4$A %$# (#'59B0(6(% $&'#$ %5 "(#( ( G$#()*+ 6+
%+A[ md bB$ $c5%'$ BA( 9+##$0()*+ 65#$'( $&'#$ + G$%'+ %+&+#+[ ( $%'#B'B#( A$9V&59( 6+
5&%'#BA$&'+ $ ( bB(056(6$ %+&+#( "+%%i4$0 6$ %$# +/'56( >e!||Z..![ JYYFE, v$%'$ %$&'56+[ (
A+65I59()*+ 6( $%'#B'B#( 6+ 5&%'#BA$&'+ (9U%'59+ (9(##$'( $A AB6(&)(% &(% %+&+#56(6$%
"+%%i4$5% 6$ %$#$A G$#(6(% $ &( #$0()*+ 6+ AU%59+ 9+A + 5&%'#BA$&'+[ md bB$ #$65A$&%5+&(
+% (%"$9'+% G$%'B(5% 5&$#$&'$%, Z&'#$'(&'+[ %$ "$&%(#A+% $%'$ "#+9$%%+ '+A(&6+ 9+A+
$c$A"0+ ( ()*+ 6+ AU%59+ $A BA 5&%'#BA$&'+ $0$'#^&59+[ "+6$A+% 45%B(05W(# BA( +B'#(
65A$&%*+ 6$%'( #$0()*+,
]

j 4)6>, 460+#1"}, ~ 0F-$%01, 0c"$ +, #)+4$1, 1) %,+3)6#}, ) F0##0.)> )+46) >)$,#= V0 :#$%0& , 4)6>, )#4y
0##,%$01, 460+#:,6>0}, 1) "> 4$F, 1) )+)6.$0 )> ,"46,=

q2JNJ2q

!" $%&'()*'+#,-.'/0 1'2(/'0 3%/(+4+5'06 7*+(8%'*0. % 9:;8:*0.

Q(A+% '+A(# BA $c$A"0+ $%"$9iI59+ "(#( "$#9$/$# $%'( 65A$&%*+R ( "$#I+#A(&9$ X*0&(
<") 0"$" 1.)<")5.)M #$(05W(6( "$0( "#5A$5#( 4$W $A JY_7 "+# !045& 8B95$# >|eZ\8Z=w \=OKKw
3k!=vO[ Nhh7E, O '#(/(01+ $c"0+#( ( 9("'B#( $ (A"05I59()*+ 6$ +&6(% 9$#$/#(5% "(#(
"#+6BW5# BA( "$#I+#A(&9$ AB%59(0, ZA %B( "$#I+#A(&9$[ !045& 8B95$# ("#+c5A+B +B I5c+B
654$#%+% (B'+:I(0(&'$% $A 5&%'#BA$&'+% 6$ "$#9B%%*+[ $ ( "(#'5# 6(% 4(#5()`$% 6(% +&6(%
9$#$/#(5% 9("'B#(6(% "$0+% $0$'#+6+% "+%595+&(6+% $A %B( 9(/$)([ $ "+%'$#5+# '#(&%6B)*+ 6(%
A$%A(% $A %+A "$0+% (0'+:I(0(&'$%[ + 9+A"+%5'+# $c"0+#( ( 45/#()*+ $ ( #$%%+&V&95( 6+%
5&%'#BA$&'+% &+ (A/5$&'$ >kO8LZK[ JYf7[ "(G, -Y-:-YXE, O %5%'$A( (A"05I59( (% +&6(%
9$#$/#(5%[ "#+m$'(&6+:(% &+% 5&%'#BA$&'+% 6$ "$#9B%%*+ "+# A$5+ 6+% (0'+:I(0(&'$%, v$%'$
9(%+[ + "#+9$%%+ 6$ '#(&%6B)*+ #$6BW ( "(%%(G$A "$0+ G$%'+ Ii%59+F[ &( A$656( $A bB$ %$
("T5( &( 9+&4$#%*+ 65#$'( 6(% 4(#5()`$% 6$ 4+0'(G$A 9("'B#(6( &( %B"$#Ii95$ 6( 9(/$)( "+#
A$5+ 6+ %5%'$A( (6("'(6+ 6$ $0$'#+$&9$I(0+G#(I5(, X*0&( <") 0"$" 1.)<")5.) $c"0+#( + B%+ 6$
'$9&+0+G5( 9+&%'#Bi6( 5&595(0A$&'$ "(#( B%+ Ag659+ 9+A BA( I5&(056(6$ (#'i%'59([ (+ A$%A+
'$A"+ $A bB$ #$4$0( ( %B'50 #$0()*+ $&'#$ 9+#"+ $ AdbB5&([ md bB$ ("+&'( "(#( + "#+9$%%+ 6$
'#(&%6B)*+ A$65(6( $&'#$ &i4$5% $&$#Gg'59+% 9+#"+#(5%[ $0g'#59+% $ (9U%'59+%, ! 9+&'5&B56(6$
$&'#$ 9+#"+ $ A$5+ g ("+&'(6( &$%'$ $c"$#5A$&'+ (#'i%'59+ "+# A$5+ 6+ "#+9$%%+ 6$ A$65()*+
'$9&+0TG59( $A bB$ 4(#5()`$% #$0(95+&(6(% S ('5456(6$ 9$#$/#(0 %*+ A$&%B#(6(% $0$'#59(A$&'$
&( %B"$#Ii95$ 6( 9(/$)( $ 9+&4$#'56(% $A %+&+#56(6$% &+ (A/5$&'$,
Z%'$ '5"+ 6$ $c"$#5A$&'()*+ '$9&+0TG59( &( "$#I+#A(&9$ "#+6BW$A &+4(%
9+A"#$$&%`$% (9$#9( 6( #$0()*+ $&'#$ 9+#"+ $ '$9&+0+G5( $0$'#^&59(, !+ B'505W(# 65%"+%5'54+%
$0$'#^&59+% 9+A+ + 95'(6+ (95A([ + "$#I+#A$# $c"0+#( $ A+65I59( (% IB&)`$% "+%%i4$5% 6$ BA(
AdbB5&( 'g9&59([ $ 6$A+&%'#( 9+A $%'( ()*+ +% 9(A"+% %$&%i4$5% bB$ "+6$A %$ 6$%6+/#(#
6$ BA( &+4( #$0()*+ $&'#$ + 1+A$A $ ( AdbB5&(, O +/m$'+ 'g9&59+ g "+%'+ $A &+4( IB&)*+[ $
5%'+ + (I(%'( 6$ %B( 05G()*+ 9+A + (G$&95(A$&'+ A(bBi&59+ bB$ + "#+6BW5B[ (%%5A 9+A+
(I5#A( BA( &+4( "+%%5/5056(6$ 6$ B%+ $ BA( &+4( #$6$ 6$ #$0()`$%,

* !&`&/1* #912*%* 2! 8*#'$ '$/&*,cI1/! 2* *+X$'*


ZA %B( "$#I+#A(&9$ r$..#.9[ + (#'5%'( (0$A*+ @+0I Q+%'$00 6$%"$6()( 9$A 0VA"(6(%[
"#+6BW5&6+ BA #Bi6+ 4+0BA+%+, K$GB&6+ Q+%'$00[ bB(&6+ (% 0VA"(6(% %*+ 6$%"$6()(6(% $0(%
&*+ "#+6BW$A 0BW[ A(% %+A, a+#gA[ + %+A 6+ 6$%"$6()(A$&'+ 6B#( "+B9+[ $ md &+ 5&%'(&'$
"+%'$#5+# %$ "+6$ 45%B(05W(# +% I#(GA$&'+%, Z%'$ %+A $&9+&'#(:%$[ "+#'(&'+[ $&'#$ (
IB&95+&(056(6$ $ (2 rA+#'$s 2IB&95+&(0 6( 0VA"(6([ bB$ "$#6$ %B(% 9(#(9'$#i%'59(% (+ %$#
6$%"$6()(6(, O% I#(GA$&'+% &*+ (#'59B0(A A(5% ( 56g5( 6$ G$#()*+ 6$ 0BW (%%+95(6( (+
+/m$'+ 5&6B%'#5(0[ A(% 6$ #$%i6B+, K$GB&6+ Q+0%'$00R2r+2&0 &0 +:1&('$ "< ' /.,("$$'%. 5*0&( '#/ '
/.,("$$'%. .?.#+J d2.# '# "-\.(+ (2'#%. &+0 <")5M -.("5&#% 0"5.+2&#% .$0. '#/ /"&#%
0"5.+2&#% /*)&#% +2. +)'#0<")5'+&"#s2>QOK.Z88[ JYfJE,
@+0I Q+%'$00 #$(05W+B 654$#%+% '#(/(01+% 9Bm(% '$Ad'59(% %$ #$0(95+&(A 9+A + %+A
"#+6BW56+ &+ 5&%'(&'$ $A bB$ +9+##$ ( #B"'B#( I+#A(0 6+ +/m$'+, Z%'(% $c"$#5j&95(%
"$#I+#Ad'59(% 6$ @+0I Q+%'$00 &+% 0$4(A ( "$#9$/$# bB$ + 6$%"$6()(A$&'+ 6+ +/m$'+ $ (
A(&5I$%'()*+ %+&+#+:#B56+%( 6( #B"'B#( 6$ %B( I+#A( "#+6BW$A %$&%()`$% 6$
6$%9+&'5&B56(6$ $ 5&'$##B")*+ &+% $%bB$A(% bB$ 6$I5&$A (% #$0()`$% 6$%'$ +/m$'+ 9+A +
(G$&95(A$&'+ A(bBi&59+ bB$ + "#+6BW5B,
!9#$65'+ +9+##$# (0G+ %$A$01(&'$ 9+A +% "#+9$%%+% 6$ #$9+A/5&()*+ 6$ A('$#5(5% "(#(
( 9#5()*+ 6$ 5&%'#BA$&'+% &( AU%59( $0$'#^&59( $c"$#5A$&'(0, =$I5#+:A$ S% "#d'59(% ('B(5% 6$
5&'$#4$&)*+ $A $bB5"(A$&'+% %+&+#+% $ 45%B(5% #$(05W(6(% "+# '$&6j&95(% (#'i%'59(% 9+A+
(&)(*&+ -.#/&#%[ 2')/3'). 2'(B&#% $ (#'$ %+&+#(, LB5'+% 6$%'$% '#(/(01+% 9+##+/+#(A 9+A (
b

E>D,60 0# 306$0)# )-~46$%0# )>$4$10# )#4)U0> 1$6)40>)+4) 6)-0%$,+010# 0 $>)6#}, 1, F)6:,6>)6 +, )#401,
0-F*0& %,66)#F,+1)+1, +)#4) #)+4$1, 0,# .)#4,# >)+40$#& *y 40>D~> ">0 6)-0}, )+46) 0 0D)64"60 ) ,
:)%*0>)+4, 1,# ,-*,#='' V0 F)6:,6>0+%) 1) <"%$)6& 0# ,+10# 0-F*0 #) $+4)+#$:$%030> c"0+1, )-) :)%*030 ,#
,-*,# ) F06030> c"0+1, ,# ,-*,# )60> 0D)64,# SXj<!EG& P\f_& F0.= Y\YMY\^T=

q2JNN2q

!" $%&'()*'+#,-.'/0 1'2(/'0 3%/(+4+5'06 7*+(8%'*0. % 9:;8:*0.

56g5( 6$ 65%%+95(# +% 9+A"+&$&'$% $0$'#^&59+% $ +% 95#9B5'+% 6$ %B(% 5&'$&)`$% 6$ +#5G$A "(#(


G$#(# #Bi6+% $ %+&+#56(6$% /$A 65I$#$&'$% 6(bB$0(% G$#(6(% "$0+ B%+ 9+&4$&95+&(0, ZA
9+&mB&'+[22 + B%+ 6+ '+bB$ &+% 9+A"+&$&'$ $ 5&'$#I(9$% 9+A+ $0$A$&'+ 6$ "+'$&95(05W()*+ 6+
G$%'+ $ 6( "#$%$&)( Ii%59( #$5&%$#$A + 5A"#+45%+[ + (9(%+ $ ( $c"$#5j&95( 5A$65('( &+
"#+9$%%+ 9#5('54+:AB%59(0[ #$4$0(&6+ + 6$45# 9+A+ BA 6+% (%"$9'+ IB&6(A$&'(5% 6+ I(W$#
(#'i%'59+f,22
Z%'( 5&'$#4$&)*+ #B56+%( $ G$%'B(0 #$(05W(6( "$0( $c"$#5A$&'()*+ AB%59(0 &+% %5%'$A(%
$0$'#^&59+% $4+9( ( '#(&%I+#A()*+ 6( $%'#B'B#( 6$'$#A5&i%'59( 6( AdbB5&( 5&6B%'#5(0 $ 6$ %B(
+#6$&()*+ $%bB$Ad'59(, ! 9+A/5&()*+ 6$ 9+A"+&$&'$% $0$'#^&59+% 6$ I+#A( &*+
9+&4$&95+&(0 "#+6BW BA( 6$%'$##5'+#5(05W()*+ A(bBi&59( 6(% 'g9&59(% (%%+95(6(% S +#5G$A
5&6B%'#5(0 6$%'$% 9+A"+&$&'$%, 3+A $%'( ()*+[ + "$#I+#A$# %+&+#+ ("+&'( "(#( ( &+)*+ 6$
AdbB5&( $&bB(&'+ "+'$&95(056(6$ %B/m$'54([ $ (+ $%9("(# 6( #5G56$W 6+% A(&B(5% $ 5&%'#B)`$%
'g9&59(%[ $0$ '(A/gA 5&'$#4gA &(% 9+A"#$$&%`$% "B#5%'(% bB$ 95#9B0(A (% &+)`$% 6$ AU%59([
(#'$ $ '$9&+0+G5(,
O I+9+ 6$%'$ "#+9$%%+ 9#5('54+ $&9+&'#(:%$ &( ()*+ 6$ 5&'$#4$&)*+ &+ A(bB5&5%A+
"#+m$'(6+ "$0( 5&6U%'#5( &+% +/m$'+% bB$ $0( A$%A( "#+6BW, K$ 9+A"#$$&6$#A+% $%'(
5&'$#4$&)*+ 9+A+ BA( 5&'$##B")*+ 6( 0TG59( 6$ IB&95+&(A$&'+ 6+ 95#9B5'+[ g "+%%i4$0
("#+c5A(# $%'$ "#+9$65A$&'+ S 56g5( 6$ /.,("$$'%. 6$ @+0I Q+%'$00[ md bB$ + #Bi6+ bB$ %$
6$%6+/#( 6(% 5&'$#4$&)`$% $ #$9+A/5&()`$% #$(05W(6(% "+# (#'5%'(% $A 95#9B5'+% $
9+A"+&$&'$% $0$'#^&59+% A(&5I$%'( BA( $%"g95$ 6$ "#+0+&G(A$&'+ '$A"+#(0 6+ 5&%'(&'$ 6$
5&'$##B")*+[ bB$ (9+&'$9$ 9+&'5&B(A$&'$, OB %$m([ +9+##$ (0G+ %$A$01(&'$ (+ A+A$&'+ 6$
6$%"$6()(A$&'+ 6+ +/m$'+[ "+#gA[ ( 5&'$#4$&)*+ $A A$5+ $0$'#^&59+ "+%%5/505'( BA( $%"g95$
6$2r9+&G$0(A$&'+ %+&+#+s26( A+#'$ '$9&+0TG59( 6+ +/m$'+ +B 9+A"+&$&'$ 5&6B%'#5(0[ $c'#(5&6+
6$%'$ A+A$&'+ BA( A59#+:"$#9$")*+ 6$ %B( A$'(A+#I+%$ A(bBi&59(,

%*/1$2!2$ 2$ /*&'#*,$K 1&'$##9"()* $ '#!&%M*#8!()*


;$0$BW$ (&(05%( bB$ ( "5#('(#5( $ + 4i#B% %*+ +% "$#5G+% ('54+% 6(% AdbB5&(% 'i"59(% 6(
%+95$6(6$ 6$ 9+&'#+0$[ IB&95+&(&6+ 6$ I+#A( %$A$01(&'$ S (&'5G( %(/+'(G$A &(% AdbB5&(%
$&$#Gg'59(% 6(% %+95$6(6$% 65%95"05&(#$%, Z&bB(&'+ ( %(/+'(G$A g BA (#'5Ii95+ bB$ $A"$##(
(% $&G#$&(G$&% 6( AdbB5&( A$9V&59([ +% 4i#B% 9(B%(A 5&'$#I$#j&95( &( 65&VA59( 6+% I0Bc+%
$&$#Gg'59+% $ 5&I+#A(95+&(5% 6$ AdbB5&(% $0$'#^&59(% $ 65G5'(5%[ 6$I+#A(&6+ +B 5&'$##+A"$&6+
( '#+9( 6$ 6(6+% (+ 9+A"#+A$'$# + A(bB5&5%A+ 9$&'#(0 6+ %5%'$A( >;Z8Zl|Z [ JYYNE, Z%'(%
()`$%[ (0gA 6$ "#+6BW5#$A #Bi6+ &( 5&I+#A()*+ $ 5&'$##B")*+ &+ %5%'$A([ (%%5&(0(A I+#A(% 6$
#$%5%'j&95( S %+95$6(6$ 6$ 9+&'#+0$,
;5(&'$ 6(% %5'B()`$% 6$ 9+&'#+0$ $ (&$%'$%5( "#+6BW56( "$0+% 65%"+%5'54+% 'g9&59+%
('B(5%[ + "$#I+#A$# %+&+#+ 5&'#+6BW $0$A$&'+% bB$ (#'59B0(A 5&'$#4$&)`$% A(bBi&59(% &BA
%5%'$A( bB$ %$ A+%'#( 9(6( 4$W A(5% I$91(6+ $ 1+A+Gj&$+, Z%'( 5&'$##B")*+ "$#I+#Ad'59(
6$%+#G(&5W( (% I+#)(% 9("5'(0i%'59(% (+ 5&'#+6BW5# BA I+9+ '*+"1"&G+&(" &( AdbB5&([ BA(
%5&GB0(#5W()*+ $ $c"(&%*+ 6$ %$B% B%+% >\l!..!=e[ JYYNE,
.(0 ()*+ (A"05( + %$&'56+ 6+ '$#A+ '$9&+0+G5( &( A$656( $A bB$ "#+/0$A('5W( (%
&+)`$% #$6B95+&5%'(% 6$"+%5'(6(% &+ B%+ 6+% 65%"+%5'54+% 'g9&59+% ('B(5%[ $ g &$%'$ %$&'56+
bB$ "+6$A+% 9+A"#$$&6$# + $c"$#5A$&'(05%A+ /(%$(6+ &( %5&GB0(#5W()*+ 6(% AdbB5&(%
%+&+#(% &( "$#I+#A(&9$, Z0$ 5&'#+6BW BA( $%"g95$ 6$ 4i#B% &+ %5%'$A( 6$ 9+&'#+0$[
6$%$&9(6$(&6+ BA "#+9$%%+ 6$ #B"'B#( &( 0TG59( 6$ IB&95+&(A$&'+ 6( #$6$ %+95(0,

W c")#4}, 1, 4,c") +,# %$6%"$4,# )-)46+$%,# ) #"0 6)-)3+%$0 F060 0 F)6:,6>0+%) #,+,60 :,$ %,+#$1)6010
F$,+)$60>)+4) F,6 !$%*)- I0$#3$#o )> #)"# 460D0-*,#& )#F)%$0->)+4) %,> 0 %6$0}, 1, F6$>)$6, %$6%"$4, 1)
760%@-)D,H& +, :$+0- 1,# 0+,# ]R& ) #"0 ):)4$30 6)0-$o0}, +,# 0+,# bR U"+4, 0, G(E2! SIW2Gv2Gm& QRR^T=

q2JN-2q

!" $%&'()*'+#,-.'/0 1'2(/'0 3%/(+4+5'06 7*+(8%'*0. % 9:;8:*0.

#$M$#^&/1!%
854#+%
;Z8Zl|Z[ \500$%2<21+(D%*.0o%., =5+ 6$ u(&$5#+R Z65'+#( -X, N,( Z65)*+, JYYN,
\Z88[ !0I#$6 : 3%/?(+4+5C 0(= ,05'/, !&'1#+"+0+Gt .+6(t, \#* ]#$'(&1(:e#0(&6([ Q+0, X[ v, N[ _:Y, JYff,
\l!..!=e[ Pg05c : 10+.&+.%6 :& (+D+ ;0*0='5&0 %.8m8'/+, =5+ 6$ u(&$5#+, Z65'+#( -X, J,( Z65)*+, JYYN,
kO8LZK[ .1+A < L4%/8*+('/ 0(= %u;%*'&%(804 &:.'/6 8%/?(+4+5CW &:.'/ 0(= /:48:*%, v$H }+#M, =+B'0$6G$,
-,( $65)*+, JYf7,
8Q}[ a5$##$ : H. 8%/(+4+5'0. =0 '(8%4'52(/'0, K*+ a(B0+Ka, Z6, -X, J,( Z65)*+, JYY-,
8e3k.[ !0(& < $+:(= H*86 X%C+(= &:.'/W a%8>%%( /08%5+*'%.Z v$H }+#M, l&5'$6 K'('$%, =5WW+05 e&'$#&('5+&(0
aB/059('5+&%, J,( Z65)*+, NhhF,
K!8.Z=[ 31#5%2<2L(80(54%=##3%/?(+4+5C 0(= 8?% 8*0(.@+*&08'+( +@ ;%*@+*&0(/%, 3(A/#56G$[ L(%%(91B%$''%,
.1$ Le. "#$%%, J,( Z65)*+, NhJh,
2Ki'5+%22&(225&'$#&$'2
e!||Z..![ P$#&(&6+, 9%D%(=+ + N0;%4 =+ !(.8*:&%(8+ (0 ,-.'/0 L4%8*+0/-.8'/0, JYYF, ;5%"+&i4$0 $AR
1''"RHHH,$9(,B%",/#"#+I5(WW$''('$c'+,1'A0,
QOK.Z88[ @+0I < H( !(8%*D'%> >'8? T+4@ "+.8%44, =$45%'( lA/#$0( ,Q+0BA$ X[ v, -, 7h:7J, JYfJ, ;5%"+&i4$0 $AR
1''"Rm+B#&(0%,5B"B5,$6B5&6$c,"1"BA/#$00((#'590$45$HP50$Yhff_N
@!eKQeK|[ L591$0 : 1*0/[4% ?'.8+*C, ;5%"+&i4$0 $AR 1''"R9#(9M0$,+#G3#(9M0$]+c,1'A, NhhX,
;Q;
|eZ\8Z=[ .1+A(% w \=OKK[ u(%+& w 3k!=vO[ =B%%$002<2F?&6 3?% %0*4C 5:*:. +@ %4%8*+('/ &:.'/, Z005"%5% !#'%,
Nhh7,

q2JNX2q

Você também pode gostar