Você está na página 1de 15

!

@>%38+<:ABC!8D3+8!+%;3+%;"!8;=8+#;!E!8;4#F:%!:D38+=#F:#>1!!
GD;#E%!<8!HD#!2:;3%+:#!D#3H+#>!<8!>#!#=#0:>:<#<1!!
1+1!K<%>=%!LM;NH8,!O%FF#!
2%D3:=:F:#!3D:-8+;:<#<!4#35>:F#!<8!L#>4#+#6;%!7!3D:-8+;:<#<!
4%*4>H38D;8!!
!
!
!
!

!"#$%"$&'()*"%+$',)'-"./%/01$"!# %!&&&"!'(!)*#+,%!-../01!2334566,,,1+8-:;3#<8=:>%;%=:#1%+.! --'!


!
K<%>=%!LM;NH8,!O%FF#5!V@>%38+<:ABC!8D3+8!+%;3+%;"!8;=8+#;!E!8;4#F:%!:D38+=#F:#>W1!
!
'18!GD3+8!+%;3+%;"!KD3+%4%.9D8;:;!E!G;4#F:%!&D38+=#F:#>1!
!
!
G>! #+38! F%D38*4%+MD8%! 4H8<8! ;8+! 4H8;3%! 8D! +8>#F:5D! F%D! F:8+3#;! 4+8%FH4#F:%D8;!!
#D3+%4%>5.:F#;! 8D! 3%+D%! #>! 38*#! <8! >#! +84+8;8D3#F:5D"! 3#D3%! >#! <8! !"# $%!$&! F%*%! >#! <8>!
'()%*(+# &,'&1! G;3#! 38D;:5D! 8D3+8! :<8D3:<#<! E! #>38+:<#<"! 8D3+8! >%! 4+%4:%! +8F%D%F:0>8! E! >#!
#>38+:<#<! 8Z53:F#! +8F%++8! >#! FH>3H+#! 0#A%! >#! =%+*#! <8! >%! NH8! @>%38+<:AB! <8D%*:D#! -!.(*%&#
%/,-'0(*%(+'1!!
!
G;38!8;4#F:%!:D38+=#F:#>!%!8;=8+#!;8D;:0>8!<8!4+%Z:*:<#<!0:4%>#+!<8!+%;3+%;!3:8D8!HD#!
2:;3%+:#!4+%4:#!E!48FH>:#+!<8!F#3M;3+%=8;!!NH8!#NH6!D%;!4+%4%D8*%;!8Z#*:D#+1!
!
[#! +8>#F:5D! <8! #>38+:<#<"! F#+#! #! F#+#"! #! >#! NH8! 3#*0:9D! ;8! +8=:8+8! [9-:D#;"! 8;! HD#!
+8>#F:5D!93:F#!%+:.:D#+:#"!=HD<#D38!<8!>#!#=8F3:-:<#<!E!NH8!;8!8Z4+8;#!#!3+#-9;!<8!>#!:*#.8D"!
#!3+#-9;!<8>!+%;3+%!NH8!*8!*:+#!E!*8!+8F>#*#"!;:D!NH8!4H8<#!%>-:<#+>8"!;:D!NH8!4H8<#!<8A#+!
<8!;8+!+8;4%D;#0>8!<8!;H!*:;8+:#1-!!
!
K;6!4#+#![9-:D#;!8>!+%;3+%"!E!8D!4#+3:FH>#+!>#!*:+#<#"!8;!8>!4+:DF:4:%!<8!>#!F%DF:8DF:#!
8*%3:-#"!E#!NH8!>#!:<8D3:<#<!;5>%!4H8<8!F%D;3:3H:+;8!#!4#+3:+!<8!>#!*:+#<#!<8>!%3+%C!!!=+8D38!#!
8>>#!<8-8>#*%;!DH8;3+#!=+M.:>!<8;DH<8,"!D%;!-%>-8*%;!-H>D8+#0>8;!E!F%*4+8D;:0>8;"!;%*%;!
3+#;4#;#<%;1!!
!
K;6!8>!;8+!2H*#D%!D%!4H8<8!8D38D<8+;8!D:!;8+!8D38D<:<%!;:D%!8D!HD#!F%*4>8A#!+8<!<8!
+8>#F:%D8;"!F%D;3:3H:<#;!4%+!*:+#<#;!NH8!;8!8D3+8F+H,#D!F%D!%3+#;"!8D!HD!8D3%+D%!#*H80>#<%!
4%+! ;:.D%;! :<8D3:3#+:%;! <8! <:-8+;%! %+<8D! E! +8.:;3+%"! ! 4%+! >#! =:;:%D%*6#! <8>! +%;3+%"! 4%+! 8>!
#F8D3%!<8!HD!.8;3%!=#F:#>1!!
!!!

!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
!
! @[\]GO1&^_"! 2838+"! 1!0-'(!! &"! 4#41! -5! `GD3+8! +%;3+%;1! @%0+8! >#! 8*8+.8DF:#! <8! >#! 8;=8+#! 6D3:*#!
:D38+=#F:#>A"!G<:3%+:#>!@:+H8>#"!B#<+:<"!-..C"!441!'CD!#!'ED!
"
! [GL&FK@"!G**#DH8>"!!23$(/%!$&#)-+#4,'&#2&$5'-"!!4#4#++5;"!B#<+:<"!'EEC"!41!GH!

---! !"#$%"$&'()*"%+$',)'-"./%/01$"!# %!&&&"!'(!)*#+,%!-../01!2334566,,,1+8-:;3#<8=:>%;%=:#1%+.!


!
K<%>=%!LM;NH8,!O%FF#5!V@>%38+<:ABC!8D3+8!+%;3+%;"!8;=8+#;!E!8;4#F:%!:D38+=#F:#>W1!
!
K;6"!>#!FH8;3:5D!<8!INH9!8;!8>!+%;3+%J!D%!4H8<8!;8+!+8;4%D<:<#!<8;<8!HD#!48+;48F3:-#!!
8ZF>H;:-#*8D38!4>M;3:F#"!8;!<8F:+"!<8;<8!>#;!F%D;:<8+#F:%D8;!39FD:F#;!#;%F:#<#;!#!>#!=#F3H+#!
<8! HD! +83+#3%"! ! ;:D%! ! #38D<:8D<%! #! >%;! 4+%0>8*#;! 4;:F%>5.:F%;8=:;%D5*:F%;! <8! >#!
+84+8;8D3#F:5D!%"!*M;!4+8F:;#*8D38"!#!>#;!F%D<:F:%D8;!<8!;H!:D#FF8;:0:>:<#<1!K;6!>#!2:;3%+:#!
<8>! +83+#3%! %FF:<8D3#>! 8;3M! <:-:<:<#! 8D! HD! +83+#3%! :D%F8D38! E! =:8>! NH8! .%,#! <8>! +%;3+%!
+84+8;8D3MD<%>%!8D!>#!=%+*#!F>M;:F#"!E!HD!+83+#3%!NH8!3:8D8!4#+#!;6!3%<%!8>!+8;483%!E!3%<#!>#!
F%DF:8DF:#!8D!>%;!*8<:%;!<8!8Z4+8;:5D!<8!>#!4:D3H+#"!48+%!NH8!D%!.%,#!<8!;H!%0A83%!4%+NH8!
D%!;#08!%!D%!NH:8+8!+84+8;8D3#+>%1!G>!+%;3+%!*:;*%!2#!<8;#4#+8F:<%!<8!>#!4:D3H+#!*%<8+D#!E!
F%D!9>"!3%<%;!>%;!+8F%D%F:*:8D3%;"!E!=:>:#F:%D8;!F%D!>#!3+#<:F:5D!<8!>#!4;:F%>%.6#!F>M;:F#1!G>!
+%;3+%"!F%*%!>%!;H4%!4>#;*#+!k#F%DC"!D%!8;!#>.%!=:A%1!G>!+%;3+%"!8>!<8!>%;!%3+%;!3#D3%!F%*%!8>!
DH8;3+%"! F#*0:#"! ;8! <8=%+*#"! ;8! 8;=H*#1! F:D.HD#! :*#.8D! 4H8<8! <#+D%;! >#! :<8#! <8>! 3%<%1!
3D#! =%3%! D%! >%! #0#+F#1! @8! #<2:8+8! #! >%! +8#>"! 48+%! D%! >%! <8-8>#1! 18! #26! >#! :*4%;:0:>:<#<!
0#F%D:#D#!<8!F%*4>83#+!8>!+83+#3%!<8!HD!2%*0+81!
!
K;6!8>!<8;#++%>>%!<8>!+83+#3%!0#A%!D:D.HD#!F:+FHD;3#DF:#!4H8<8!8D38D<8+;8!;5>%!F%*%!
HD!=8D5*8D%!NH8!#3# 8!LD:F#*8D38!#!>#!2:;3%+:#!<8>!#+38C!#HDNH8!3#*4%F%!HD#!2:;3%+:#!<8!>#!
:*#.8D"! #*4>:#<#! *8<:M3:F#! E! FH>3H+#>*8D38"! 4%<+6#! <#+! ;H=:F:8D38! FH8D3#! 3%<#-6#! <8>!
D#F:*:8D3%! <8>! +%;3+%! #! 4#+3:+! <8>! 8;4#F:%! :D38+=#F:#>"! <#<%! NH8! 8;3%! 8D-H8>-8! HD!
#F%D38F:*:8D3%! NH8! +8*:38! #! *HF2%! #D38;! <8! 3%<#! FH8;3:5D! +84+8;8D3#3:-#"! 8;#! 8;!
4+8F:;#*8D38! >#! 38;:;! <8! @>%38+<:AB! 8D! 1!0-'(!# 61! ! [#! 8>8-#F:5D! <8>! +%;3+%! 4+%=#D%! #! >#!
F#38.%+6#!<8!+83+#3%!8;!8>>#!*:;*#!HD#!%48+#F:5D!*HE!3#+<6#!E!4+8F#+:#!8D!8>!8;4#F:%88D3+88
+%;3+%;"! NH8! F%*%! 3#>! D%! 4H8<8! #4#+8F8+! 8D! D:D.LD! +83+#3%! #:;>#<%1! ! G>! #+38! <8>! +83+#3%"! 8D!
3#D3%! 4+%F8;%! <8! +8-8>#<%! NH8! 4%D8! <8! *#D:=:8;3%! %! ;#F#! #! >#! >H,! >#! :D<:-:<H#>:<#<"!
48+38D8F8!#!HD!#*4>:%!*%-:*:8D3%!<8!4+%<HFF:5D!<8!+%;3+%;!NH8!4%;88!HD!8;3#3H;!4+%4:%!<8!
.9D8+%!2:;35+:F%!*M;!#>>M!<8!3%<#!*#D:=8;3#F:5D!2:;35+:F#!#+36;3:F#!E!4>M;3:F#1!![#!4%;:0:>:<#<!

!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
#
! LM@N3GO!O\44K"!K<%>=%"!P7'(/*%!#8(*&/9#+(#)-'%:(#)-+#;&#;#-+#)-!<(''&#)-#+(#*('/-P1!q+#DF:;!k#F%DC!
]28! 1+:=3! %=! &! #D<! 328! 38#+! #4#+3! %=! 328! =>8;2! )LM@N3GO! O\44K"!K<%>=%0! 8! L%>1! '/! "! -..H"! 8D!K+38"!
&D<:-:<H%! E! @%F:8<#<"! q#FH>3#<! <8! k8>>#;!K+38;"! 3F&LGO@&1K1! 4\B2[3]GF@G! 1G! BK1O&11! GD!
-8+;:5D! :*4+8;#! 441! 'D'8'HGC! ! L8+;:5D! 8>8F3+5D:F#5!
2334566,,,1HF*18;6k34B6+8-:;3#;600#6''C'DDE/6#+3:FH>%;6KO&@.H.H''.'D'K121q!

!"#$%"$&'()*"%+$',)'-"./%/01$"!# %!&&&"!'(!)*#+,%!-../01!2334566,,,1+8-:;3#<8=:>%;%=:#1%+.! --C!


!
K<%>=%!LM;NH8,!O%FF#5!V@>%38+<:ABC!8D3+8!+%;3+%;"!8;=8+#;!E!8;4#F:%!:D38+=#F:#>W1!
!
<8!=#F:#>:<#<!-#!HD:<#!#>!4+%F8;%!<8!#D3+%4%.9D8;:;!*:;*%G1!]%<%!>%!8;48F6=:F%!E!;:D.H>#+!
NH8!;8!#D%3#!8D!8>!+%;3+%!F%*%!+#;.%!<8!F#+MF38+!%!F%*%!4#3+5D!E!>6D8#!<8!38*48+#*8D3%;!
+8.:%D#>8;! E! 4+%4:8<#<8;! #<NH:+:<#;! ;5>%! 4H8<8! 8D3+#+! 8D! 8>! +53H>%! =#F:#>! #! 3+#-9;! <8! >#!
4+%3+#FF:5D!<8>!3:8+D%!8D3+838D:*:8D3%!<8>!*H3H%!:>H*:D#+;8!<8!>%;!+%;3+%;!<8!*#<+8;!8!2:A%;!
8D! 8>! 48+6%<%! <8>! F%0:A%! 4%;D#3#>1! ! @H! 2#F:#! #NH6! E! 2#F:#! #>>M! 8;3M! #DF>#<%! 8D! #D3:.H#;!
;:DF+%D:,#F:%D8;! 2:;35+:F%83+:0#>8;! <8! >%;! AH8.%;! <8! 38+DH+#! 4+%3%8;F9D:F%;C! 8;! 4#+38! <8! HD!
F%DAHD3%!<8!8;NH8*#;!:DD#3%;!<8!4#+3:F:4#F:5D!0:48+;%D#>!8*%3:-#D1!!
!
G>! :D<:-:<H#>:;*%! *%<8+D%"! 4%+! ;H! 4#+38"! D#F8! FH#D<%! >#! *:;*#! .8D38! +8<#F3#! ;H!
#H3%<8;F+:4F:5D"!FH#D<%!8D;#E#!>#!#H3%F+8#F:5D!)-#!"=!8;!<8F:+"!FH#D<%!8*4:8,#!#!+8F>#*#+!
>%;! <8+8F2%;! <8! #H3%+! ;%0+8! ;H;! 4+%4:#;! 2:;3%+:#;"! #H3%0:%.+#=6#;! E! %4:D:%D8;"! #;6! F%*%!
3#*0:9D!>%;!<8+8F2%;!;%0+8!;H!!:*#.8D"!!F%D-8+3:<%;!#;6!8D!<:;8 #<%+8;!E!8*4+8;#+:%;!<8!;H!
4+%4:#!#4#+:8DF:#1!!

GD!>#!F%D=:.H+#F:5D!<8!>#!:<8D3:<#<!38D8*%;!NH8!3+#*#+D%;!HD!E%!E"!*#>!%!0:8D"!>%!
:D38D3#*%;1!]%<#;!>#;!=:.H+#;!<:;:*H>#D!8>!-#F6%"!NH8!;8!#<H8 #!<8!>#;!=%+*#;"!;8!#<H8 #!<8!
>#;! =:FF:%D8;1! G>! 38#3+%! <8! DH8;3+#;! FH#>:<#<8;"! DH8;3+#! :*#.8D! <8>! *HD<%"! DH8;3+%!
F%*4+%*:;%111!8>!-#F6%!8D.H>>8!8;38!3:4%!<8!8;3+HF3H+#;!F%*%!;:!D#<#1!]%<#;!>#;!4+838D;:%D8;!
<8! F%D;3+H:+! HD! E%! 8;3#0>8! #! 4#+3:+! <8! >%! ;%F:#>! D%;! >>8-#D! #! HD#! 4%;:F:5D! NH8! F#+8F8! <8!
#H38D3:F:<#<! E!#DF>#A8!%D3%>5.:F%1!! [%;!FH#<+%;! *%<8+D%;!8;3MD!>>8D%;!<8!:<8D3:<#<8;!#!>#!
<8+:-#"! <8! +%;3+%;! ;:D! 48+=:>8;"! <8! DH8-%;! 8;4#F:%;! <8>! #D%D:*#3%1! G>! 8;4#F:%! 4L0>:F%! ;8!
F%*4%+3#! 7#! 8;38! +8;48F3%7! D%! F%*%! HD! 8;4#F:%! ;%F:#>"! <838+*:D#<%! 4%+! 8;3+HF3H+#;! E!
A8+#+NH6#;"!;:D%!F%*%!HD!8;4#F:%!4+%3%;%F:#>"!HD!8;4#F:%!4+8-:%!#!>%!;%F:#>!#>!3:8*4%!NH8!;H!
+8NH:;:3%"!4+8*:;#!8;F9D:F#!<8!FH#>NH:8+!;%F:8<#<1!!!

!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
$
! @[\]GO1&^_"! 2838+"! 1!0-'(!! &"! 4#41! -5! `GD3+8! +%;3+%;1! @%0+8! >#! 8*8+.8DF:#! <8! >#! 8;=8+#! 6D3:*#!
:D38+=#F:#>A"!G<:3%+:#>!@:+H8>#"!B#<+:<"!-..C"!'DH1!
%
! !k&[O"! OH<%>="! `@%0+8! >#! 4#+3:F:4#F:5D! 8*%F:%D#>1! 3D#! F%D3+:0HF:5D! #>! 4+%0>8*#! <8>! ;8+! 2H*#D%! 8D! ;H!
8D3%+D%A"! GD! O1! k1! "! 1:8! HD08,R>3:.38! L8+.#D.8D28:3! <8;! B8D;F28D.8;F2>8F23;1! k8:3+R.8! ,H! 8:D8+!
2#>R%#D32+%4%>%.:8"!q+#DB=H+3!'EH("!441!CE!7!(C1!

--G! !"#$%"$&'()*"%+$',)'-"./%/01$"!# %!&&&"!'(!)*#+,%!-../01!2334566,,,1+8-:;3#<8=:>%;%=:#1%+.!


!
K<%>=%!LM;NH8,!O%FF#5!V@>%38+<:ABC!8D3+8!+%;3+%;"!8;=8+#;!E!8;4#F:%!:D38+=#F:#>W1!
!
18!#>>6!NH8!2#E#!NH8!:D38++%.#+!I45*%!+8#>:,#+!HD!+83+#3%!<8!HD!2%*0+8!NH8!.&!--#
HD#!:<8D3:<#<!8D!=H.#J!IS#E!4%;:0:>:<#<8;!F:8+3#;!<8!=:A#+!HD#!:*#.8D!8D!*8<:%!<8>!-9+3:.%"!
8D! 8>! =>H:+! <8! >#;! DH8-#;! ;%F:8<#<8;! >6NH:<#;J! [%;! AH8.%;! <8! >8D.H#A8! 2#0:3H#>8;! =+#F#;#D!
#D38! >#;! 8Z48+:8DF:#;! <8>! %+:.8D! E! >%;! :D38D3%;! <8!+8F%D%F:*:8D3%! :<8D3:3#+:%1! NH:8D! <8;8#!
#-#D,#+!8D!8;38!4HD3%!8D3+#!D8F8;#+:#*8D38!8D!8>!38++8D%!=+%D38+:,%!8D3+8!<8;FH0+:*:8D3%!%!
:D-8DF:5D1! K;6! ;5>%! ;8+M! 4%;:0>8! =:A#+! HD#! :*#.8D! #DF>#<#! #! HD#! :<8D3:<#<! 4%+! *8<:%! <8!
DH8;3+#!#H3%8D#++#F:5D"!<8!>#!:D-8DF:5D!<8!;6"!#!3+#-9;!<8!8;#!*:+#<#!0:,F#!2#F:#!>#!38D;:5D!
8D3+8! >%! NH8! 28*%;! ;:<%! E! >%! NH8! 0H;F#*%;! ;8+1! ]%<%! 2%*0+8! ;8! F%D;3+HE8! #;6"! 4%+! ;H;!
4#>#0+#;"!4%+!>%!NH8!<:F8!E!;8!<:F8!<8!;6!*:;*%1!G>!+8>#3%!<8!HD!2%*0+8!;%0+8!;6!*:;*%!8;!>%!
LD:F%!NH8!4%;88*%;!4#+#!+88F%D;3+H:+>%1!!
!
4%D!=+8FH8DF:#!;HF8<8!NH8"!4#+#!#.%3#+!<8!HD#!*#D8+#!*M;!F%*4>83#!HD!8;3H<:%"!8>!
#+3:;3#! ;8! :D;4:+#! 8D! =%3%.+#=6#;! <8! HD#! *:;*#! 48+;%D#! #! <:;3:D3#;! 8<#<8;5! 8>! +83+#3%!
<8=:D:3:-%! 4%<+M! +84+8;8D3#+>%! *M;! A5-8D8;! %! 0#A%! HD! #;48F3%! <:;3:D3%! #>! NH8! %=+8F8! 8D! 8>!
*%*8D3%! <8! 4%;#+! 4%+NH8! >%! NH8! >8! 4#+8F:5! *M;! +8#>"! *M;! -8+<#<8+%"! 8;! 8;8! #;48F3%! NH8!
<8;FH0+:5! F%*%! 8>! *M;! +8-8>#<%+! <8! >#! #H39D3:F#! 48+;%D#>:<#<"! <8! #>.%! F%*LD! #! 3%<#! >#!
%$(<-/#.'&*-!&!F%D!>%;!NH8!>%;!AH8.%;!<8!>#!*8*%+:#!3:8D8!NH8!2#09+;8>#;1!!
!
GD! 8>! +83+#3%! F%DF843H#>! D%! <80:8+#D! :D38+8;#+! >#;! =%3%;! <8! 0L;NH8<#! E! F#43H+#!
%0A83:-#"!<#<%!NH8!;H!:D38DF:5D!8;!*M;!0:8D!>#!'-.'-!-/,(*%>/#<8!48+;%D#>:<#<8;!<:;%F:#<#;1!
@H!:D38DF:5D!D%!8;!F+8#+!HD!8=8F3%!#D<+5.:D%"!;:D%!HD#!8;48F:8!<8!<:#.D5;3:F%!8;NH:,%:<81!
!
[#! 4:D3H+#! 2#>>#"! NH:,M;"! ;H! 4+H80#! <8F:;:-#! 8D! 8>! +83+#3%! E! 3#>! -8,"! *M;!
4#+3:FH>#+*8D38"! 8D! 8>! #H3%++83+#3%1! ! G;38! 4#+8F8! +8;3#0>8F8+! 8>! F#+MF38+! 8;48FH>#+! NH8!
F%D;3:3HE8"! NH:,M;"! ;H! *M;! ;8F+83#! -8+<#<1! GD! 8>! +83%! NH8! 8>! 8;48A%! ;H;F:3#! #>! 4:D3%+! 9;38!
4#+8F8!<8;4+8D<8+;8!<8!3%<#!#<28+8DF:#!%0A83:-#C!#>F#D,#"!4%+!=:D"!>#!<8;DH<8,!4;6NH:F#1![#!
4:D3H+#!8;!8>!<:0HA%!<8!DH8;3+%!;:;38*#!D8+-:%;%!4+%E8F3#<%!;%0+8!8>!>:8D,%1!
!

!"#$%"$&'()*"%+$',)'-"./%/01$"!# %!&&&"!'(!)*#+,%!-../01!2334566,,,1+8-:;3#<8=:>%;%=:#1%+.! --D!


!
K<%>=%!LM;NH8,!O%FF#5!V@>%38+<:ABC!8D3+8!+%;3+%;"!8;=8+#;!E!8;4#F:%!:D38+=#F:#>W1!
!

--H! !"#$%"$&'()*"%+$',)'-"./%/01$"!# %!&&&"!'(!)*#+,%!-../01!2334566,,,1+8-:;3#<8=:>%;%=:#1%+.!


!
K<%>=%!LM;NH8,!O%FF#5!V@>%38+<:ABC!8D3+8!+%;3+%;"!8;=8+#;!E!8;4#F:%!:D38+=#F:#>W1!
!
-18!O%;3+%;!E!BM;F#+#;1!
!!
!
&D38+=#F:#>:<#<"!F#08!4+8F:;#+"!!D%!8;!;5>%!>#!,%D#!<8!<8!HD#!2:;3%+:#!D#3H+#>8;%F:#>!<8!
>#!#=#0:>:<#<1!4H#D<%!8>!#+38!*%<8+D%!*H8;3+#!+%;3+%;!3%<#-6#"!>8-#D3#!#F3#!#!>#!-8,!<8!HD#!
48+*#D8D38! F#3M;3+%=8! :D38+=#F:#>1! 18;<8! 3:8*4%;! *HE! 38*4+#D%;! >#! 2:;3%+:#! <8! >%;!
8DFH8D3+%;!F%D!8>!8Z3+# %!=H8!3#*0:9D!HD#!8;FH8>#!-:;H#>!<8>!38++%+1!k#F%DH"!<#!FH8D3#!<8!
8>>%!<8;<8!HD#!;#F+#>:<#<!;8FH>#+!NH8!+84+8;8D3#!:F5D:F#*8D38!8>!FH8+4%!F%*%!*('/-"!F%*%!
>%! 2H*#D%! *H3:>#<%! NH8! +8.+8;#! #! >#! #D:*#>:<#<"! NH8! ;8! 8DF:8++#! E! 8D=+8D3#! #! ;6! *:;*%!
<8;0%+<#D<%!>%;!8;38+8%3:4#<%;!<:;FH+;%;!<8!>#!*#;FH>:D:<#<! E!>#!F%D;3+HFF:5D!FH>3H+#>!<8!
>%;! .9D8+%;"! NH8"! %0;8;:%D#<%! 4%+! ;H! 4+%Z:*:<#<! #! >#! *H8+38! E! ;H! ;8*8A#D,#! #>! F#<M-8+!
>>8.#!#!<:;%>-8+;8"!#!<8;#4#+8F8+!%!#!<8-8D:+!*%D;3+H%1!
!
[#;!FH>3H+#;!*M;!#D3:.H#;!D8F8;:3#D!<8!>#!*M;F#+#!F%*%!8>!*8<:%!<8!#=+%D3#+!>%!D%8
2H*#D%"! >%! 8Z3+#2H*#D%"! F%D! HD! F%++8;4%D<:8D38! D%8+%;3+%! %! +%;3+%! ;H;3:3H3%+:%1! GD! >#!
94%F#!#+F#:F#"!F%*%!8D!>#!*%<8+D#"!>%!NH8!8+#!+%;3+%!;8!F%D-:8+38!8D!8>!+83+#3%!8D!8;FH<%!
F%D3+#! #NH8>>%! NH8! <8=%+*#! E! D:8.#! >%;! +%;3+%;1! [#! *M;F#+#! 8;! 8>! 8;FH<%! =#F:#>! NH8! ;8!
>8-#D3#!8D!>#!.H8++#!<8!>#;!*:+#<#;(1!!
!
O8;H8D#!#!3+#-9;!<8!8;#;!*M;F#+#;!8>!;:>8DF:%!2:8+M3:F%!<8!>%!;#.+#<%"!NH8!:D-#<8!8>!
+%;3+%! E! >%;! %A%;! 2#;3#! =:A#+>%;! 8D! HD#! 8;48F:8! <8! +84%;%! +6.:<%! E! *#A8;3H%;%1! F%! 2#E! 8>!
*8D%+! #3:;0%! <8! *%-:*:8D3%! D:! <8! <:D#*:;*%"! %! <8! =H8+,#! 4%38DF:#>! NH8! 4H<:8+#! ;8+!
<8;4>8.#<#"! 8D! 8;%;! +%;3+%;! F%D-8+3:<%;"! 8D! ;H! 3+#-8;6#! <8>! >6*:38"! 8D! #H39D3:F%! *#38+:#>!
;#.+#<%1!
!
!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
&
! B:8D3+#;!8>!4#4#!.+:3#D<%!<8!q+#DF:;!k#F%D! *H8;3+#!3%<#-6#!HD!+%;3+%!8D!8Z4>%;:5D"!>%;!#H3%++83+#3%;!<8!
KD<E!T#+2%>! #>F#D,#D! 8>! 8;3#<%! <8>!<8;4+8D<:*:8D3%! <8! ;6! 8D! >#! <:;3+:0HF:5D! #H3%*M3:F#1! !K*0#;! %0+#;!
3:8D8D!3%<#-6#!HD!>H.#+!8D!8>!*#+.8D!<8>!#+38!8Z4+8;:-%"!E#!NH8!D%!;5>%!>#!<8;*8*0+#F:5D"!;:D%!3#*0:9D!>#!
F%D.8>#F:5D! <8>! +%;3+%"! 8;3MD! ;HA83#;! #>! 4+:DF:4:%! 8Z4+8;:5D1! 18! 9;38! ;8! <8+:-#D! <8F:<:<#*8D38! DH8-%;!
4+%F8<:*:8D3%;!<8!>#!8;393:F#!=#F:#>!8D!>#;!#+38;!4>M;3:F#;1!
'
! LK@N3GO!O\44K"!K<%>=%"!!`[#!*%<#!8D!>#!4%;*%<8+D:<#<1!18F%D;3+HFF:5D!<8>!=8D5*8D%!=#;2:%DPC!GD!
FUBK1K@1! ''! V! GD8+%8^HD:%1-..D1! O8-:;3#! 4+63:F#! <8! 4:8DF:#;! @%F:#>8;! E! ^H+6<:F#;1! 3D:-8+;:<#<!

!"#$%"$&'()*"%+$',)'-"./%/01$"!# %!&&&"!'(!)*#+,%!-../01!2334566,,,1+8-:;3#<8=:>%;%=:#1%+.! --(!


!
K<%>=%!LM;NH8,!O%FF#5!V@>%38+<:ABC!8D3+8!+%;3+%;"!8;=8+#;!E!8;4#F:%!:D38+=#F:#>W1!
!
@8!3+#3#!<8!8;8!;:>8DF:%!2:8+M3:F%!NH8!:D-#<8!8>!8;4#F:%!<8!;H!3+#-8;6#!2#F:#!8>!*M;!
#>>M!<8>!>6*:38!<8>!*HD<%1!
!
F%!2#E!8D!8;%;!+%;3+%;!E#!#>8.+6#!D:!<%>%+C!4>#F8+!D:!<:;4>#F8+C!=8>:F:<#<!D:!#*#+.H+#1!
]%<%! 8>! F%*4>8A%! E! 3H4:<%! +8>#3%! <8! >%;! F#*0:%;! 8*%F:%D#>8;! <8! =%+3HD#! 8! :D=%+3HD:%! 2#!
;:<%!3+#;F8D<:<%1!
!
G;3%;!+%;3+%;!D%;!*:+#D!<8;<8!*M;!#>>M!<8!>#!3+#.8<:#!E!<8!>#!F%*8<:#1!F%!+68DC!48+%!
3#*4%F%! >>%+#D1! G;3MD! #26! 4#+#! NH8! >%;! F%D38*4>8*%;! 8D! HD! #F3%! NH8! 3+#;F:8D<8! >#! 4H+#!
=+H:F:5D! 8;393:F#1! \! NH8! ;H0>:*#! 9;3#! 2#F:#! 8>! #F3%! <8! -8D8+#F:5D! 4+%4:%! <8! >#! #F3:3H<!
+8>:.:%;#!#D38!>%!NH8!4%;88!-:+3H#>:<#<!E!-#>8DF:#!;#.+#<#1!
!
!
!
!
!
!

!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
4%*4>H38D;8"!!B#<+:<1!2334566,,,1HF*18;6:D=%6D%*#<#;6''6#-+%FF#-123*!

--/! !"#$%"$&'()*"%+$',)'-"./%/01$"!# %!&&&"!'(!)*#+,%!-../01!2334566,,,1+8-:;3#<8=:>%;%=:#1%+.!


!
K<%>=%!LM;NH8,!O%FF#5!V@>%38+<:ABC!8D3+8!+%;3+%;"!8;=8+#;!E!8;4#F:%!:D38+=#F:#>W1!
!

!
!

!"#$%"$&'()*"%+$',)'-"./%/01$"!# %!&&&"!'(!)*#+,%!-../01!2334566,,,1+8-:;3#<8=:>%;%=:#1%+.! --E!


!
K<%>=%!LM;NH8,!O%FF#5!V@>%38+<:ABC!8D3+8!+%;3+%;"!8;=8+#;!E!8;4#F:%!:D38+=#F:#>W1!
!
C18!G;48A%!E!8;48A:;*%!%!<5D<8!F%*:8D,#!#!8NH:-%F#+;8![#F#D1!
!
!
O8F#4:3H>8*%;1!INH9!8;!HD!+%;3+%J![%!NH8!;8!%=+8F8!#!>#!-:;3#!<8!>%;!<8*M;1!L8%!8>!
+%;3+%! <8! 8D=+8D38"! D%! 2#E! #H3%++8=>8Z:5D1!K>! 4+:DF:4:%! 8+#! >#! +8#>:<#<! :D38+=#F:#>! 4+:*#+:#"!
>H8.%!-:D%!8>!8DFH8D3+%!<8!+%;3+%;!2H*#D%;!8D!:*M.8D8;!8;48FH>#+8;1!
!
2838+! @>%38+<:AB! D%;! %=+8F8! HD#! 0+8-8! 2:;3%+:#! <8>! 8;48A%! F%*%! %0A83%8H38D;:>:%5!
#D38;!<8!*8<:#<%;!<8>!;:.>%!WW!D%!2#E!HD#!8Z38D;:5D!<8!>%;!8;48A%;!#!>#;!.+#D<8;!*#;#;!<8!
4%0>#F:5D! )8;3%! >%! +8FH8+<#! FH#D<%! +80#38! 8>! 38%+8*#! <8! [#F#D01!K;6! 4H8;"! ! .+#F:#;! #! 8;#!
FH>3H+#! ;#3H+#<#! <8! 8;48A%;! 8;! NH8! 4H<:8+%D! 3+:HD=#+! :<8#;! F%*%! >#! <8! HD#! +8>#F:5D!
%+:.:D#+:#!<8!#H3%++8=8+8DF:#!%!8>!D#+F:;:;*%!=+8H<:#D%1!G>!*:3%!<8!F#+F:;%!8;!3#*0:9D!-:;3%!
F%*%!HD!#FF:<8D38!<8!>#!D#F:8D38!#H3%++8=>8Z:5D1!G;8!+%;3+%!#D38!8>!NH8!F#8!8*0%0#<%!D%!8;!
#LD!8>!;HE%!4+%4:%1!!
!
K>! 4+:DF:4:%! 8DF%D3+#*%;! HD! AH8.%! 0:4%>#+! :D38+=#F:#>! 8D! <%D<8! 8>! %3+%! 2#F8! >#;!
-8F8;!<8!8;48A%!48+;%D#>"!48+%!F%D!>#!48FH>:#+:<#<!<8!NH8!8;!>%!F%D3+#+:%!<8!HD!8;48A%5!D%!
2#E!D:!>#!<:;F+8F:5D!<8!HD!+8=>8A%!8D!F+:;3#>!%!8D!*83#>"!!D:!3#*4%F%!HD#!+84+%<HFF:5D!<8!>#!
:*#.8D!;:D%!HD!8F%!#=8F3:-%1!
!
[>8.#! HD! *%*8D3%! 8D! NH8! P>%;! :D<:-:<H%;! ;8! +83:+#D! 2#0:3H#>*8D38! <8>! F#*4%! <8!
:D38+F#*0:%!<8!*:+#<#;!88NH8!>%;!.+:8.%;!;:8*4+8!F%*4+8D<:8+%D!3#*0:9D!F%*%!F#*4%!<8!
:D38+F#*0:%! <8! 4#>#0+#;88! #! HD#! ;:3H#F:5D! <%D<8! E#! D%! D8F8;:3#D! 8>! F%*4>8*8D3%! <8! >#!
4+8;8DF:#! <8! >%;! %3+%;"! ;:D%! NH8"! 4%+! <8F:+>%! #;6"! ;%D! 8>>%;! *:;*%;! >%;! NH8! 4H8<8D!
F%*4>8*8D3#+;8!#!;6!*:;*%;P/1!
!
G;#!:<8D3:<#<!=#F:#>!<8>!E%8838D8+!HD!+%;3+%!4+%4:%88!F%:DF:<8!F%D!8>!;H+.:*:8D3%!<8>!
:D<:-:<H#>:;*%!)#>.H:8D!NH8!2#!<8!-#>8+;8!4%+!;6!*:;*%05!8>!:D<:-:<H%!#<%43#!>#!543:F#!<8!
HD#!*:+#<#!8Z3+# #!<:+:.:<#!#!9>!*:;*%1!G;3%;!;HA83%;!<8>!+9.:*8D!:D<:-:<H#>:;3#!2#D!F#6<%!

-C.! !"#$%"$&'()*"%+$',)'-"./%/01$"!# %!&&&"!'(!)*#+,%!-../01!2334566,,,1+8-:;3#<8=:>%;%=:#1%+.!


!
K<%>=%!LM;NH8,!O%FF#5!V@>%38+<:ABC!8D3+8!+%;3+%;"!8;=8+#;!E!8;4#F:%!:D38+=#F:#>W1!
!
8D!*#D%;!<8>!4%<8+!<8>!8;48A%1!@8!:D:F:#!#;6!>#!:>H;:5D!<8>!4%<8+!+8#>:,#+"!;:D!HD!%3+%!+8#>"!P8>!
4#48>! <8! >#;! <%;! 4#+38;! 8D! 8>! AH8.%! <8! +8>#F:5D! 8D! >#! 8;=8+#! 0:4%>#+C! 8;3#! :>H;:5D! ;8! -#!
F%DF+83#D<%!8D!8>!FH+;%!<8!>#!2:;3%+:#!8H+%48#!<8!>%;!*8<:%;!E!*8D3#>:<#<8;!2#;3#!>>8.#+!#!
HD!4HD3%!8D!8>!NH8!>%;!:D<:-:<H%;!*:;*%;!;8!F%D;:<8+#D!<8=:D:3:-#*8D38!F%*%!>%!4+:*8+%!
;H;3#DF:#>"!E!;H;!+8>#F:%D8;!F%D!%3+%;"!F%*%!>%!;8.HD<%!#FF:<8D3#>PE1!
!
G>! AH8.%! <8! #H3%F%*4>8*8D3#F:5D! <8>! :D<:-:<H%! #D38! 8>! 8;48A%! )E! %3+%;! *8<:%;!
8.%39FD:F%;"!F%*%!8>!>:0+%0!8;!H3:>:,#<%!4#+#!>#!;H0>:*8!=:FF:5D!<8!>#!#H3%D%*6#"!HD!;H8 %!
<8!<%*:D:%!;%0+8!HD%!*:;*%"!F%*%!8>!<8>!8;3%:F:;*%1!G;!>#!:*#.8D"!4%+!8A8*4>%"!<8>!;#0:%!
NH8!4H8<8!;8+!;H!4+%4:%!;8 %+"!;:D!<8A#+;8!48D83+#+!4%+!D:D.HD#!*:+#<#!#A8D#1!@8!4+%;F+:08!#!
>%;! <8*M;! <8! ;H! 8;4#F:%! :D38+:%+! E! ;8! >%;! ;H;3:3HE8! 4%+! *8<:%;! 39FD:F%;! <8!
#H3%F%*4>8*8D3#+:8<#<1!@H+.8!HD#!;%F:8<#<!*%<8+D#!>>8D#!<8!:D<:-:<H%;!NH8!-:-8D!<8D3+%!
<8!HD#!4%<8+%;#!=:FF:5D! +8#>5! P8D! 8>!=#D3#;*#!<8! HD#!8;=8+#!6D3:*#!NH8! F%D3:8D8!HD!LD:F%!
2#0:3#D38"! 8;8! :D<:-:<H%! *:;*%1! G;#! NH:*8+#! +8#>! ;%;3:8D8! 3%<#;! >#;! +8>#F:%D8;!
:D<:-:<H#>:;3#;1! X#+#D3:,#! 8>! F#;%! 4#+3:FH>#+! <8! F#<#! :D<:-:<H%! 8D! HD#! 0H+0HA#! 3H4:<#! <8!
+8<8;"! FH#D<%! HD%! 8D! %F#;:%D8;! 8D! +8#>:<#<! NH:8+8! 2H:+! <8! ;6! *:;*%! E! <8! ;H! E%!
#H3%F%D3#.:%;%1!!
!
4%*%! ;8! 2#F8! 8-:<8D38! 8;3#! 38%+6#! <8! >#! :D38+=#F:#>:<#<! ;H4%D8! 2#F8+;8! F#+.%! <8>!!
38%+8*#!<8![#F#D"!;%0+8!8>!-!,()%&#)-+#-!.-?&1!!
!
K!*%<%!<8!+8;8 #!<:+8*%;!NH8"!;8.LD![#F#D"!8D!8>!48+6%<%!4+888;48FH>#+!8>!:D=#D38!
;8!8Z48+:*8D3#!F%*%!HD#!:*#.8D!=+#.*8D3#<#!8!:D<:;3:D3%!<8!>%!%3+%!8Z38+:%+"!<8!*%<%!NH8!
>#!#H3%:*#.8D!8D!8>!8;48A%!%48+#!F%*%!>:08+#<%+#!<8!#NH8>>#!:D;%4%+3#0>8!#H3%;8D;#F:5D1!
!
1808! 8D38D<8+;8! #;6! 8>! -!,()%&# )-+# -!.-?&"! 8D! 8>! ;8D3:<%! >#F#D:#D%"! F%*%! HD#!
:<8D3:=:F#F:5D! :*#.:D#+:#! 8=8F3%! <8>! #;H*:+! HD#! :*#.8D1! G>! %/0(/!! F%D;3+HE8! ;H! HD:<#<!
#>+8<8<%+! <8! >#! :*#.8D! <8! ;H! 4+%4:%! FH8+4%! 8D! 8>! 8;48A%"! >%! F#H3:-#D38! 8;! 84+8F:;#*8D388!
!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
(
! @[\]GO1G&^_"!2838+"!1!0-'(!#6"!!@:+H8>#"!G<:3%+:#>!@:+H8>#"!B#<+:<"!-..C"!!41!'E.1!
)
! @[\]GO1G&^_"!2838+"!1!0-'(!#6"!!@:+H8>#"!G<:3%+:#>!@:+H8>#"!B#<+:<"!-..C"!!41!'E-!

!"#$%"$&'()*"%+$',)'-"./%/01$"!# %!&&&"!'(!)*#+,%!-../01!2334566,,,1+8-:;3#<8=:>%;%=:#1%+.! -C'!


!
K<%>=%!LM;NH8,!O%FF#5!V@>%38+<:ABC!8D3+8!+%;3+%;"!8;=8+#;!E!8;4#F:%!:D38+=#F:#>W1!
!
8;3#!:*#.8D!HD:=:F#<#"!FHE%!+8F%D%F:*:8D3%!#;H*8!F%D!AL0:>%'.1!
!
@:D!8*0#+.%"!F%*%!*%;3+#+M!@>%38+<:AB"!8;3#!4:8,#!385+:F#!38*4+#D#"!>#!*M;!=#*%;#"!
<8>! F%+4H;! <8! >#;! <%F3+:D#;! >#F#D:#D#;! +84+8;8D3#! HD#! 0+:>>#D38! F%D;3+HFF:5D! 8NH:-%F#<#5!
F%D;3+H:<#!8D!=HDF:5D!<8!=#>;#;!8-#>H#F:%D8;!<8!>#!F%*HD:F#F:5D!<:M<:F#!38*4+#D#!8D3+8!8>!
D: %! E! ;H! F%*4>8*8D3#<%+8F%*4# 8+%''"! NH8"! 4+8;F:D<:8D<%! <8! >%;! *8<:%;! 4+8D#3#>8;! <8!
;H4>8*8D3#F:5D"! 8;! 4%+! +8.>#! .8D8+#>! >#! *#<+81! [#! 4+%4:#! :*#.8D! 8;48FH>#+"! F%*%! 3#>"! D%!
4H8<8!#4%+3#+!#>!#H3%!<:#.D5;3:F%!<8>!D: %!D#<#!NH8!D%!8;3H-:8+#!<8>:D8#<%!8D!9>!E#"!<8;<8!
2#F8! 3:8*4%"! #>! D:-8>! <8! >%;! AH8.%;! <8! +8;%D#DF:#! -%F#>8;"! 3MF3:>8;"! :D38+=#F:#>8;! E!
8*%F:%D#>8;"! E! ;H;! ;8<:*8D3%;! :D38+D%;'-1!KD38;! <8! 3%<%! 8DFH8D3+%! F%D! >#! 4+%4:#! :*#.8D!
8;48FH>#+"!HD!:D=#D38!D%8<8;#38D<:<%!`;#08A!*HE!0:8D!E!*HE!8Z#F3#*8D38!>%!NH8!;:.D:=:F#!
;8+!HD#!-:<#!:D-H>D8+#<#!8D!8>!:D38+:%+!<8!HD!<L%!;%4%+3#<%+8F%D38D8<%+1!`GD!HD#!8;3+HF3H+#!
4;6NH:F#!<8!<L4>:F8!HD:F:<#<"!;H=:F:8D38*8D38!0:8D!F%D=%+*#<#"!#4#+8F8!>#!#H3%8Z48+:8DF:#!
=:.H+#3:-#! <8>! D: %"! NH8! %F#;:%D#>*8D38! 48+F:08! ;H!+8=>8A%! 8D! HD! *8<:%! -63+8%"! *83M>:F%! %!
#FH%;%"!F%*%!HD!8;3+#3%!<8!48+F84F:5D!;H4>8*8D3#+:%"!<:-8+3:<%!E!FH+:%;%"!;%0+8!HD!38A:<%"!
3H4:<%!E#!E!+8F%D=%+3#D38"!<8!8Z48+:8DF:#;!<8!+8;%D#DF:#C!8D!#0;%>H3%!#4#+8F8!>#!:*#.8D!8D!
8>!8;48A%!F%*%!>#!.'%$-'(!E!%*D:++80#;#D38!:D=%+*#F:5D!;%0+8!8>!4+%4:%!4%<8+8;8+86D38.+%C!
2#E"!8D!3%<%!F#;%1!HD!0#++HD3#+!:D:F:#>!<8!>#!4+%4:#!4+8;8DF:#!F%*%!FH8+4%!F%28+8D38!8D3+8!
FH8+4%;! F%28+8D38;! 8D! 8>! 8;4#F:%! -:;H#>! +8#>A'C1! 28+%! 8;38! ;8+8:*#.8D8FH8+4%! 6D38.+%! D%!
;:.D:=:F#! F#;:! D#<#! =+8D38! #! >#;! F8+38,#;! 4+8:*#.:D#+:#;"! D%8:<93:F#;"! <8! :D38.+:<#<! <H#>!
;8D;:3:-%88*%F:%D#>1! 3D! D: %! NH8! F+8F8! 8D! HD! *&/,%/33$! ;H=:F:8D38*8D38! 0H8D%! 8;3M!
;H=:F:8D38*8D38! :D=%+*#<%! 3#*0:9D"! E! <8;<8! 2#F8! 3:8*4%"! 4%+! %3+#;! =H8D38;"! ;%0+8! >%;!
*%3:-%;!<8!;H!F%D38DF:5D!8D!HD#!=%+*#!NH8!>8!F%>*#1!@H!:D38+9;!4%+!>#!F%28+8DF:#!8;3M!*M;!
%! *8D%;! ;#3:;=8F2%! *HF2%! (/,-!! <8! >#;! :D=%+*#F:%D8;! 8;48FH>#+88:<93:F#;1! 2%+! ;H! :*#.8D!
-:;3#! 8D! 8>! 8;48A%! D%! #4+8D<8! #! F%D%F8+! D:D.HD#! 4%;:0:>:<#<! <8! ;8+! E! <8! =8>:F:<#<"!
!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
!*
! [K4KF"! ^#FNH8;"! ! )G;F+:3%;! '05! `1+# -!,()%&# )-+# -!.-?&# *&$&# 0&'$()&'# )-# +(# 03/*%>/# )-+# ;&A"!
Y4%*HD:F#F:5D!4+8;8D3#<#!8D!8>!WL&!4%D.+8;%!&D38+D#F:%D#>!<8!2;:F%#DM>:;:;"!8D!OH+:F2"!8>!'(!<8!AH>:%!<8!
'EGEZ!
!!
!
!"
! @[\]GO1&^_"!2838+"!1!0-'(!#6"!GZFH+;%!E5!!`15D<8!F%*:8D,#!#!8NH:-%F#+;8![#F#DA"!G<:3%+:#>!@:+H8>#"!
B#<+:<"!-..C"!441!G(E!8!G/.!
!#
! @[\]GO1&^_"! 2838+"! 1!0-'(!# 6"! GZFH+;%! E5! ! `15D<8! F%*:8D,#! #! 8NH:-%F#+;8! [#F#DA"! G<:3%+:#>! @:+H8>#"!

-C-! !"#$%"$&'()*"%+$',)'-"./%/01$"!# %!&&&"!'(!)*#+,%!-../01!2334566,,,1+8-:;3#<8=:>%;%=:#1%+.!


!
K<%>=%!LM;NH8,!O%FF#5!V@>%38+<:ABC!8D3+8!+%;3+%;"!8;=8+#;!E!8;4#F:%!:D38+=#F:#>W1!
!
+#<:F#>*8D38!DH8-#"!=HD<#<#!8ZF>H;:-#*8D38!8D!>%!:*#.:D#+:%8-:;H#>1!KNH6!F#08!F%D;:<8+#+!
F%*%!<#3%!FH>3H+#>!;:.D:=:F#D38!7;8.LD!28*%;!<8;F+:3%7!NH8!#D38;!<8>!;:.>%!W&W!>#!*#E%+6#!
<8! >%;! 2%.#+8;! 8H+%48%;! D%! 38D6#D! 8;48A%"! <8! *%<%! NH8"! 0#A%! 8>! #;48F3%! 2:;35+:F%8FH>3H+#>!
*M;! ;:*4>8! E! >>#D%"! 8>! 38%+8*#! >#F#D:#D%"! NH8! ;8! 8DHDF:#! F%*%! HD! <%.*#! #D3+%4%>5.:F%!
-M>:<%!:D38*4%+#>*8D38"!#4#+8F8!F%*%!#>.%!#<8*M;!<8!:*4+8F:;%!#38D<:8D<%!#>!<#3%!<8!>#;!
38*4+#D#;!:*4+8;:%D8;"!F%*%!:*4+8F:;%!8!:D=HD<#<%!2:;35+:F#*8D381!!!!

!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
B#<+:<"!-..C"!41!G/.1!

!"#$%"$&'()*"%+$',)'-"./%/01$"!# %!&&&"!'(!)*#+,%!-../01!2334566,,,1+8-:;3#<8=:>%;%=:#1%+.! -CC!


!
K<%>=%!LM;NH8,!O%FF#5!V@>%38+<:ABC!8D3+8!+%;3+%;"!8;=8+#;!E!8;4#F:%!:D38+=#F:#>W1!
!
G18! -$5+&'-!#)-#A%'-!%!FH#D<%!>#!.H8++#!F#+8F8!<8!+%;3+%1!!
!
!
18;<8! 48+;48F3:-#! 2:;35+:F#;! E! #D3+%4%>5.:F#;! F%D38*4%+MD8#;"! 8D! 8>! FH+;%! <8! >#!!
+8=>8Z:5D!8D!3%+D%!#!>#!8;393:F#!<8!>#!.H8++#!!7:D#H.H+#<#!4%+!^{D.8+!E!;H;! -$.-!,()-!#)-#
A*-'&BC!E!F%D3:DH#<#!4%+!@>%38+<:AB!8D!;H;! -$5+&'-!#)-#A%'-BD7"!4%<8*%;!;%;38D8+!NH8!>#!
.H8++#! *%<8+D#! 2#! F#*0:#<%! <8! *%<%! +#<:F#>! F%D! 8>! 28F2%! >%.6;3:F%! 7D%! *8D%+7! <8! D%!
4%<8+!-8+>8!8>!+%;3+%!#>!8D8*:.%"!8;3%!2#F8!NH8!E#!D%!4H8<#!2#0>#+;8!<8!HD!7'-/,-E##GD!8>!
=+8D38!E#!D%!;8!2#E#D!#F3%+8;!2H*#D%;!;:D%!*%D:3%+8;"!FM*#+#;!)>#!:*#.8D!+88*4>#,#!#!>#;!
4#>#0+#;! 8;F+:3#;"! F%D! ;H! #4>#;3#D38! =H8+,#! -:;H#>! E! *8<:M3:F#0"! E#! D%! ;8! -8! 8>! +%;3+%! <8>!
#<-8+;#+:%!D:!8>!<8!>#;!-6F3:*#;!;5>%!*8+F#<%;"!8<:=:F:%;!<8-#;3#<%;!E!%=:F:D#;!<8!*%D:3%+8%!
F%D! 8-#>H#<%+8;! *:>:3#+8;1! ! [#;! .H8++#;! *%<8+D#;! ;%D"! 4H8;"! #;943:F#;"! ;%D! .H8++#;! <%D<8!
D%!;8!-8D!>#;!-6F3:*#;"!<%D<8!D%!2#E!;#D.+8!D:!NH8A:<%;!<8!28+:<%;1!
!
G>!4#+#<:.*#!<8!>#!.H8++#!*8<:M3:F#!=H8!>#!D%F28!<8>!'(!<8!8D8+%!<8!'EE'!FH#D<%!
>#;!:*M.8D8;!8D-:#<#;!4%+!>#!4FF!<:8+%D!>#!-H8>3#!#>!*HD<%"!HD#!.H8++#!<%D<8!D%!;8!-86#D!
>#;!-6F3:*#;"!<%D<8!D%!2#06#!;#D.+8!D:!NH8A:<%;!<8!>%;!28+:<%;111![#!:*#.8D!+88*4>#,#!#!>#;!
4#>#0+#;!8;F+:3#;"!F%D!;H!#4>#;3#D38!=H8+,#!-:;H#>11!
!
18! #>>6! NH8! 8>! +83+#3%! *%<8+D%! F>M;:F%"! E#! D%! 4H8<8! F%++8;4%D<8+! #! +%;3+%;! NH8! ;8!
=%+*#D!8D!8>!:D38+F#*0:%!<8!*:+#<#;!*%D;3+H%;#;!E!*8FMD:F#;C!4%+!8;%!8;!F%*4+8D;:0>8!>#!
:*4+8;:5D!<8!NH8!8D!#*4>:#;!,%D#;!<8>!#+38!<8!>#!B%<8+D:<#<!>#!4+%3+#FF:5D!;8!2#!<838D:<%"!
%!0:8D!2#!F%*8D,#<%!#!4%D8+!<8!+8>:8-8!8D!8>!+%;3+%!2H*#D%!>%!D%82H*#D%"!8Z3+#2H*#D%1!!
[#! <83+#FF:5D! E! >#! #0;3+#FF:5D! 2#D! .#D#<%! >#! ;H4+8*#F6#! F%*%! 8D8+.6#;! 4>M;3:F%! =#F:#>8;!
F%D=%+*#<%+#;! =+8D38! #! >#! 4+%3+#FF:5D1! MD:*%;! <8=%+*#<%+8;! E! -#F:#<%+8;! <8>! +%;3+%! 2#D!
3+#D;=%+*#<%!8>!.&','(%,!8D!)F,'(%,!E!8D!(5!,'(%,C!#>!+83+#3%!F%++8;4%D<8!HD#!<%0>8!38D<8DF:#!
<8>! #+38! =#F:#>5! 8Z4+8;#+! 8;3#<%;! *M;! #>>M! <8! >#! 8Z4+8;:5D"! 4%+! HD! >#<%"! E! 3+#D;=%+*#+! 8>!
+%;3+%!8D!4+538;:;!4%;32H*#D#"!4%+!%3+%1!!F%!8D!-#D%!8>!DH8-%!>H.#+!*M;!F#+#F38+6;3:F%!<8>!
!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
!$
! ^|FXGO"!G+D;3"! -$.-!,()-!#)-#A*-'&"!G<1!]H;NH83;"!!k#+F8>%D#"!-..D!
!%
! @[\]GO1&^_"!2838+"! -$5+&'-!#)-#(%'-=#-/#+(!#03-/,-!#)-+#,-''&'"!G<1!!2+88]8Z3%;"!L#>8DF:#!-..C!

-CG! !"#$%"$&'()*"%+$',)'-"./%/01$"!# %!&&&"!'(!)*#+,%!-../01!2334566,,,1+8-:;3#<8=:>%;%=:#1%+.!


!
K<%>=%!LM;NH8,!O%FF#5!V@>%38+<:ABC!8D3+8!+%;3+%;"!8;=8+#;!E!8;4#F:%!:D38+=#F:#>W1!
!
*HD<%!*8<:M3:F%!:DD%-#<%!8;!8;#!:D38+=#F8!NH8!D%!<8;:.D#!E#!8>!8;4#F:%!<8!8DFH8D3+%!8D3+8!
+%;3+%;"!;:D%!8>!4HD3%!<8!F%D3#F3%!8D3+8!+%;3+%!E!D%8+%;3+%!%!8D3+8!<%;!D%8+%;3+%;1!
+
+

!"#$%"$&'()*"%+$',)'-"./%/01$"!# %!&&&"!'(!)*#+,%!-../01!2334566,,,1+8-:;3#<8=:>%;%=:#1%+.! -CD!


!

Você também pode gostar