Apostila De Eletricidade Aplicada

Transcript

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C?;76 =7C676 51 A 743>?<6A 1 ?>;;>6?;> 6R1 76 =1;;>3?>6 >2M?;<=76 =1;;>3?>6 ?>2W;<=76 1;<4<37576 37 6CD>;LE=<> 51 421@1 >A 6C7 ;1?7FR1 51 1;<>3?> D7;7 1 1=<5>3?> > 7 D16 ;1?7FR1 57 ?>;;7 >A ;>27FR1 71 612 ! &C7351 6> F7 5> 7F1 ?>A D>;7518 6>H7 D1351 7 >A =13?7?1 =1A 1C?;1 EA R 1C D>27 <3L2CQ3=<7 5> CA 7 =1;;>3?> >2M?;<=78 1@6>;97 6> BC> 1 7F1 75BC<;;:9>2 BC73?<575> 5> A 743>?<6A 1 > M =7D7P 5> ;>?>; <35>L<3<57A >3?> 6?>6 6R1 =J7A 7516 EA R6 7;?;A 73>3?>6 6?> EA R 1L>;>=> CA 7 973?74>A 61@;> 16 37?C;7<68 D1<6 72MA 5> D166C<; CA 7 L1;F7 5> 7?;7FR1 A 7<1;8 D15> 6>; L> ?7A 73J1 > L1;A 7?1 5> 7=1;51 =1A 76 3>=>66<575>6 6 2<476 5> 7F1 =13?>351 3EBC>2 > =1@72?1 =136?A 16 A >2J1;>6 EA R6 4 3$ 3! . Q B 6 DU216 516 EA R6 21=72 376 6C76 >X?;>A <575>68 21=7<6 135> J: 7 A 7<1; =13=>3?;7FR1 5> 2<3J76 A 743M?<=76 2>6 6R1 =J7A 7516 31;?> > 6C2 )U21 A 743M?<=1 M ?157 6CD>;LE=<> 376 BC7<6 67>A 1C >3?;7A 2<3J76 A 743M?<=76 <4C;7 ! 4 3$ 3$ . D L1;F7 A 743M?<=7 3R1 6> 7D;>6>3?7 C3 31 EA R 7 D7;?> =>3?;72 51 EA R8 J: CA 7 2<3J7 ;D>35<=C27; ^ 6C7 2<3J7 5> =>3?;18 =J7A 757 2<3J7 3>C?;7 >6?> D13?1 51 EA R 3R1 J: L1;F7 5> 7?;7FR1 A 743M?<=7 <3J7 >C?;7 <4C;7 ! 4 3$ 3& . D > A C <3J7 5> L1;F7 A 743M?<=7 M CA 7 2<3J7 <39<6E9>2 BC> L>=J7 1 =<;=C CA EA R8 D7667351 D1; 6>C6 DU216 )7;7 D;197; D;7?<=7A >3?> 7 >X<6?Q3=<7 576 2<3J76 5> L1;F7 A 743M?<=7 51 EA R D15>A 16 L7P>; 7 >XD>;6D>=?;1 A 743M?<=1 )7;7 ?728 =121=7 6> CA EA R 61@;> CA 7 A >67[ 61@;> 1 EA R CA 9<5;1 D2731 > >A 6>4C<57 5>;;7A 7 6> 2 1 9<5;1 6 2 C3<;R1 D>27 7?;7FR1 51 EA R8 L1;A 7351 1 =<;=C 1 9<5;18 A 16?;7351 766 L1;F7 A 743M?<=7 M 7 C3<575> 51 L2CX1 A 743M?<=1 )15>A 16 31?7; 7?;79M6 51 >6D>=?;1 A 743M?<=1 BC> 76 2<3J76 5> L1;F7 A 743M?<=7 =7A <3J7A 5>3?;1 51 EA RT 67>A D1; CA 516 DU216 > >3?;7A D1; 1C?;18 L1;A 7351 766;97 6> ?7A @MA 7 4;735> =13=>3?;7FR1 5> 2<3J76 316 DU216 516 EA R68 1C 6>H78 376 6C76 >X?;>A <575>6 4 3$ 3) . D > A Q B 6>3?<51 576 2<3J76 5> L1;F7 3CA EA R M 51 DU21 31;?> D7;7 1 DU21 6C28 L1;7 51 EA R <4C;7 ! 4 3$ 3+ . " C AB Q B > CA EA R L1; BC>@;751 >A ?;Q6 D7;?>68 D1; >X>A D218 =757 CA 7 5>6?76 D7;?>6 =136? 5> =7A D1 A 743M?<=1 51 EA R 71 >6D7F1 1=CD751 D1; 6C7 2<3J7 5> L1;F7 A 743M?<=7 4 3$ 31 . AB : B Q B 16 EA R6 1@6>;97 6> 1 A >6A 1 D;<3=ED<1 576 =7;476 >2M?;<=76 1 7D;1X 31A >6 <4C7<6 6> ;>D>2>A > DU216 5> 31A >6 5;>3?>6 6> 7?;7>A " <4C;7 ! ! <4C;7 ! " <4C;7 ! # 5 . " '# ' A 7 =1;;>3?> >2M?;<=7 D15> 6>; D;15CP<57 D>21 A 193?1 5> CA 7 @1@<37 >A CA =7A D1 A 743M?<=1 L7?1 >6?> 57 A 7<1; 2>?;<=<575> 6?> M 1 A 151 A 7<6 4>;72 5> D;15CFR1 5> >2>?;<=<575> D7;7 L<36 51A M6?<=168 <35C6?;<7<6 > A 7;E?;97A 168 73?>;<1;A >3?>8 BC> 7 =1;;>3?> >2M?;<=7 M A 193?1 5> >2M?;136 31 =<;=CA 168 741;78 76 2<3J76 5> L1;F7 >2>?;16?:?<=7 > 76 2<3J76 A 743M?<=76 =13=Q3?;<=76 71 =135C?1;8 D;15CP<576 D>21 >2M?;13 2 > >A A 193?1 <3J76 5> L1;F7 >2>?;16?:?<=7 <4C;7 " >2M?;13 D7;751 =13?MA 2<3J76 5> L1;F7 >2>?;16?:?<=7 31 6>3?<51 ;75<72 *XD>;2>?;16?:?<=78 76 2\A <376 5> 72CA E3<1 6> 7?;7E;>A D1; D166CE;>A =7;476 =13?;:;<76 >8 =136>Bb>3?>A >3?>8 ;>D>2<; =7;476 >2M?;<=76 51 A >6A 1 31A > 6 2<3J76 5> L1;F7 >2>?;16?:?<=7 6R1 7 A 736?7FR1 51 =7A D1 >2>?;16?:?<=1 51 >2M?;13 <4C;7 " &C7351 1 >2M?;13 D>;=1;;> CA =135C?1;8 >2> =;<7 CA =7A D1 A 743M?<=1 =13=Q3?;<=1 71 =135C?1;8 =CH76 2<3J76 5> L1;F7 4<;7A 31 6>3?<51 516 D13?><;16 51 ;>2U4<18 BC7351 1 6>3?<51 51 A 193?1 51 >2M?;13 M 57 5<;>6BC>;57 # >2M?;13 >A A 193?1 ?>A 16 51<6 =7A D16[ 1 >2M?;<=1 > 1 >2>?;1A 743M?<=1 >6D7F1 >A BC> 7?C7A 76 L1;F7 5> 7?;7FR1 > ;>DC26R1 ?>A 1 31A > 5> N=7A D1 5> L1;F7O[ 766A 6> CA N=7A D1 >2>?;16?:?<=1O 1C 66A >3?> N=7A D1 >2M?;<=1O 37 L<4C;7 57 >6BC>;57 > ?QA 6> N=7A D16 A 743M?<=16O 37 L<4C;7 ^ 5<;> 51<6 DU216 51 2M?;<=1 5> 5C76 >6L>;76 >2>?;6 <4C;7 " <4C;7 " # ; =13=>DFR1 516 >2M?;136 >6=27;>=> ?1516 16 >L>;97516 >A 2>?;1?M=3<=7 )7;7 5>A 136?;7; 7 >X<6?Q3=<7 5> CA =7A D1 A 743M?<=1 71 ;>51; 5> CA =135C?1; D>;=1;;<51 D1; CA 7 =1;;>3?>8 2<47 6> D1; <3?>;A M5<1 5> CA 7 =J79>8 CA L<1 4;1661 5> =1@;> >A 6M;<> =1A CA 7 D<2J7 1C 7=CA C2751; L<1 5> =1@;> M <3?;15CP<51 >A CA 1; CA 7 L12J7 5> =7;?12<37 BC> M A 73?<57 37 D16;D>35<=C27; 71 =135C?1; 1A 7 =J79> 2<4757 >6D72J7 6> 2 L>;;1 6>4C<;8 @7?> 6> 2>9>A >3?> 37 =7;?12<37 D7;7 7HC57; 1 72<3J7A >3?1 57 2 >6D>=?;1 A 743M?<=1 " ) , @?MA 6> 7 5<;>FR1 57 =1;;>3?> 31 =135C?1; 6>4C;7351 1 =1A 7 A R1 >6BC>;57[ 1 D12>47; <35<=7 7 5<;>FR1 57 =1;;>3?> > 7 =C;97?C;7 516 5>516 1 6>3?<51 5> ;1?7FR1 576 2<3J76 5> L1;F7 A 743M?<=78 =13=Q3?;<=7 71 =135C?1; 7A D1 A 743M?<=1 *>;3?<51 51 =7A D1 A 743M?<=1 C67351 @W661276 > 7 ;>4;7 57 A R1 >6BC>;57 + W661276 135C?1; D>;=1;;<51 D1; =1;;>3?> <4C;7 " >XD>; >;6?>5 5>A 136?;7 BC>8 >6?7351 1 =135C?1; 7=3?> 37 5<;>FR1 8 7 D13?7 57 74C2J7 5>69<7 6> D7;7 7 >6BC>;57 <4C;7 " 7 L72?7 57 @W661278 7D2<=7 6> 1 D;1=>661 51 *12?\A >?;1[ =1A CA D1C=1 5> :4C7 6724757 q 672 3CA D;7?1 5> 21CF78 A >;4C2J7 6> 76 D13?76 516 L<16 =1A 1 A 16?;7 7 L<4C;7 7@7351 BC> 31 DU21 3>47?<91 L1;A 7 6> @12J7 5> 4:6 J<5;14Q3<1 <4C;7 " " ) ) 7351 6> 71 =135C?1; ;>?<2E3>1 7 L1;A 7 5> 73>2 1C >6D<;78 76 2<3J76 A 743M?<=76 =13=Q3?;<=76 5R1 CA 7 ;>6C2?73?> 8 D>;D>35<=C27; 71 D2731 57 >6D<;7 D16D>35> 51 6>3?<51 57 =1;;>3?> 31 =135C?1; <4C;7 " ! 7A D1 A 743M?<=1 71 ;>51; 5> CA 7 >6D<;7 > 5> CA 7 @1@<37 <4C;7 " " <35<=7FR1 57 >3?;757 > 67E57 57 =1;;>3?> 3CA =135C?1; 1C 3CA 7 @1@<37 6R1 ;>D;>6>3?7516 76 =1A 1 A 16?;7 7 L<4C;7 71 2751 =;CP>?7 37 >3?;757 ;>D;>6>3?7 7 =7C57 57 6>?7 > 1 D13?1 5> 67E57 ;>D;>6>3?7 7 D13?7 57 6>?7 <4C;7 " # " - )7;7 =13J>=>; 7 D127;<575> 5> @1@<3768 7D2<=7A 16 76 6>4C<3?>6 ;>4;76T <4C;7 " " & 1A 7351 6> 1 612>3U<5> 37 A R1 >6BC>;578 =1A 1 37 L<4C;78 1 D12>47; <35<=7 7 D16 7 =C;97?C;7 516 5>516 7 5<;>FR18 7 >3?;757 > 7 67E57 57 =1;;>3?> BC7351 16 ?>;A <37<6 51 612>3U<5> 6R1 9<6E9><6 <4C;7 " !6 . # # # $ ?>36R1 > 7 =1;;>3?> D;15CP<576 D1; L13?>6 4>;751;76 D15>A 6>; =13?E3C76 1C 72?>;37576 =1;;>3?> M =13?E3C7 BC7351 =<;=C27 31 =<;=C3?<518 =1A 1 ?>A 16 >6?C5751 7?M 741;7 3?;>?73?18 6> 7 =1;;>3?> 67< 1;7 D1; CA 8 1;7 D1; 1C?;1 @1;3>8 37 L13?> 4>;751;78 =<;=C27 1;7 3CA 8 1;7 31C?;1 6>3?<518 31 =<;=C3?> 72?>;3757 L13?> 4>;751;7 5> =1;;>3?> 72?>;3757 =J7A 7 6> 72?>;3751; > ;>D;>6>3?:66>A 16 3CA 4;:L<=1 16 9721;>6 57 =1;;>3?> 31 >;?<=72 > 1 ?>A D1 J1;;E7A 16 CA 7 =C;978 =1A 1 7 57 L<4C;7 7@7D;>6>3?7FR1 57 97;<7FR1 57 =1;;>3?> 72?>;3757 <4C;7 # *>A 16 7E BC>8 31 <36?73?> <3<=<728 7 =1;;>3?> ?>A 9721; 3C218 =;>6=>351 7?M CA 9721; A :X3?> 7 P>;1[ 3>6?> <36?73?>8 7 =1;;>3?> A C57 5> 6>3?<518 D1;MA 8 6>C6 9721;>6 6R1 16 A >6A 16 57 D;<;7 D7;?> A >6A 1 7=13?>=> =1A 7 ?>36R1 >667 97;<7FR1 =1A D2>?78 >A 7A @16 16 6>3?<518 61L;<57 D>27 =1;;>3?> 72?>;37578 5: 6> 1 31A > 5> =<=21 3WA >;1 5> =<=216 5>6=;27 =1;;>3?> 72?>;37578 37 C3<575> 5> ?>A D18 =J7A 7 6> L;>BbQ3=<7 C7 C3<575> M 1 =<=21d6>4C351 1C % >;?P A >5<57 >A <36?;CA >3?16 =J7A 7516 L;>Bb>3=EA >?;16 6 L;>BbQ3=<76 A 7<6 =1A CA >3?>6 C67576 6R1 # =d6 > # =d6 C;73?> CA =<=218 7 =1;;>3?> > 7 ?>36R1 ?1A 7A 9721;>6 5;>3?>6 5> <36?73?> 7 <36?73?>[ >66>6 6R1 56 A 1A >3?\3>16 1C <36?73?\3>168 5>3?;> 16 BC7<6 =CA D;> 5>6?7=7; 1 9721; A :X?73?18 37 D;:?<=78 3R1 M 1 9721; A :XA D;>4751 > 6L<=7P )1; >X>A D218 CA A 1?1; 7@61;9> CA 7 =1;;>3?> 5> BC> M 1 9721; >L<=7P >L<3> 6> =1A 1 9721; >L<=7P 5> CA 7 =1;;>3?> 72?>;3757 71 9721; 5> CA 7 =1;;>3?> =13?E3C7 BC> D;15CP<66> 7 A >6A 7 BC73?<575> 5> =721; 3CA 7 A >6A 7 ;>6<6?Q3=<7 >< 5> / 1C2> 66> 9721; M >XD;>661 D1;T >L S A 7X S # 8 # A 7X √ )1; 737214<78 D7;7 7 ?>36R18 ?>A 16T >L S A 7X S # 8 # A 7X √ 73?1 1 912?EA >?;1 =1A 1 1 7A D>;EA >?;1 D7;7 =1;;>3?> 72?>;3757 A >5>A 9721;>6 >L<=7P>6 !! . 7 '. # % , + 6 A 1?1;>6 >2M?;<=16 6R1 A :BC<376 BC> ?;736L1;A 7A >3>;4<7 >2M?;<=7 >A >3>;4<7 A >=\3<=7[ 7665>8 >2> <;: 7@61;9>; CA 7 5757 BC73?<575> 5> >3>;4<7 >2M?;<=78 > >A ?;1=7 7=<137 CA 7 =7;478 D1; >X>A D218 CA @135> 6?> D;1=>661 5> =139>;6R1 57 L1;A 7 5> >3>;4<7 M 73:2141 71 BC> 6> 9>;6?> A 1?1;8 ?7A @MA 5XD216R18 7D;19> 7 >3>;4<7 D;19>3<>3?> 57 BC> =1A @C6?E9>2 D7;7 A 193?7; 1 9>E=C21 CA A 1?1; >2M?;<=1 1 =1A @C6?E9>2 M 7 >3>;4<7 >2M?;<=7 6 A 1?1;>6 >2M?;<=16 >A 4>;72 6> =1A DG>A 5> 5C76 D7;?>6T 1 ;1?1; BC> M 7 D7;?> A U9>2 > 1 >6?7?1; 1C =7;=7F7 BC> M 7 D7;?> LA 16 =276668 BC73?1 ^ >3>;4<7 >2M?;<=7 7@61;9<578 57 6>4C<3?> A 73><;7T 5> A 131L:6<=1 ?;6 >2M?;<=16 5> 6 A 1?1;>6 >2M?;<=16 5> =1;;>3?> 72?>;3757 LC3=<137A BC7351 2<47516 ^ CA 7 ;>5> 5> ?>36R1 72?>;3757[ 6R1 A 131L:6<=16 1C ?; 3>=>66 ?>36R1 A 131L:6<=7 1C 5> ?>36R1 ?;6 >2M?;<=16 5> =1;;>3?> =13?E3C7 LC3=<137A BC7351 2<47516 ^ CA 7 ;>5> 5> ?>36R1 =13?E3C7 6 A 1?1;>6 5> 6R1 J1H> 16 A 7<6 C?<2A 16 >3=13?;: 216 >A ;>L;<4>;751;>6 51A M6?<=16 >A A :BC<376 L>;;7A >3?76 >?= 6 A 1?1;>6 5> 6R1 5> >A D;>41 A 7<6 ;>6?;351 >3=13?;7516 37 ?;7FR1 >2M?;<=78 4;735>6 27A <3751;>6 >?= *7A 16 >6?C57; =1A A 7<1; D;1LC35<575> 16 A 1?1;>6 5> 2>6 D15>A 6> =27664C351 1 6<6?>A 7 >2M?;<=1 5> 723?7FR1 > 1 D;<3=ED<1 5> LC3=<137A >3?1 1C 7;;73BC>8 >A T 5> <35CFR1 1C 766E3=;131 1?1;>6 ?; ;1?1; >A =C;?1 1C 47<127 5> >6BC<21 5> ;1?1; @1@<3751 6E3=;131 5> <35CFR1 1C 766E3=;131 1?1;>6 A 131L:6<=16 6M;<> 5> 7;;73BC> =7D7= A 7;=J7 <35C?<97 L76> 5<9<5<57 5> 7;;73BC> D1; ;>DC26R1 5> DU21 5<9<5<51 X<6?>A 1C?;16 ? A 1?1;>6 5> 8 BC> 6> >3=13?;7A A 7<6 ;7;7A >3?> 6 A 1?1;>6 5> <35CFR1 ?73?1 ?;A 31 >6?7?1; CA H141 5> @1@<376 BC> D;15CP>A CA =7A D1 A 743M?<=1 1 <3?>;<1; 51 A 1?1;8 7D1<7351 6> 61@;> A 73=7<68 >3=13?;7 6> 7 D7;?> A U9>28 1C ;1?1; 6?> ;1?1; 5<6DG> 5> CA >3;127A >3?1 =136?6 =135C?1;>6 1C @7;;76 D16?76 >A =C;?1 =<;=C3?;> 6< ;1?1; >A =C;?1 1C >A 47<127 5> >6BC<21 1C D15>A ?7A @MA D166C<; CA 1C?;1 ? >3;127A >3?18 =CH16 >X?;>A 16 6R1 2>97516 7 73M<6 =12>?1;>6 >2>?;<=7A >3?> <6127516 51 > >3?;> 6< > 61@;> 16 BC7<6 6> 7DU<7A >6=1976 5> =7;9R18 L6?7?1;8 BC> 316 D>;A A 2<47; 1 A 1?1; 7 CA =<;=CX?>;31 <4C;7 <4C;7 1?1; 7<127 1?1; + 1@<3751 A 1?1; 5> <35CFR1 D166C< 9>21=<575> D;7?<=7A >3?> =136?73?> 6 A 1?1;>6 5> <35CFR1 5> D>BC>37 D1?Q3=<7 6R18 37 A 7<1;<7 576 9>P>68 A 131L:6<=168 =1A ;1?1; >A =C;?1[ D7;7 7 D7;?<57 3>=>66 5<6D166D>=<7<68 CA 7 9>P BC> 3R1 ?>A 7;;73BC> D;UD;<1 / : 16 A 1?1;>6 ?; <35CFR1 6R1 5> A 7<1; D1?Q3=<7 > ?>A 7;;73BC> D;UD;<1 1A 1 >X<4>A 4;735> =1;;>3?> 57 ;>5>8 31 <36?73?> 5> D7;?<578 C67A 6> 5<6D166D>=<7<6 D7;7 5 1C C3<9>;672 1 >3;127A >3?1 51 ;1?1; M 2>9751 ^6 >6=19768 D1; <3?>;A M5<1 5> CA =1A C?751; =12>?1; =136?3?;> 6< 8 > 2<4751 71 >6?7?1; 6?> ? A 1?1; LC3=<137 ?73?1 =1A =1A 1 =1A )166C< 9>21=<575> 97;<:9>2 1 A 1?1; ^ ;>DC26R1 1 >3;127A >3?1 51 ;1?1; M 2>9751 ^6 >6=1976 BC> >6?R1 2<47576 >A =C;?1 =<;=C21=<575> 97;<:9>28 6>351 C6C72A >3?> >A D;>4751 =1A 1 A 1?1; ;>DC26R1 <35CFR1 7 D7;?<57 LC3=<137 =1A 1 A 1?1; 5> ;>DC26R1 BC> ?>A 7;;73BC> D;UD;<1 >8 D16?>;<1;A >3?>8 D1; CA 5<6D163?;ELC418 76 2\A <376 51 =12>?1; 6R1 =121=7576 >A =C;?1 =<;=C <35CFR1 A 131L:6<=1 6 A 1?1;>6 5> =1;;>3?> =13?E3C7 D15>A 6>; =27664C351 1 A 151 5> >X=A T 7C?1 >X=6 5> A 1?1;>6 6M;<>6 A 1?1;>6 D7;72>216 A 1?1;>6 A <6?16 1C =1A D1C35 =1A >X=D>35>3?> CA A 1?1; 5> 5<6?<34C6?7?1; =1A DU216 <35C?1;>68 1 ;1?1; =1A >3;127A >3?1 <35CP<51 > 1 =1A C?751; 2>6 6R1 >A D;>47516 >A ;7PR1 5> ?>;>A 6C76 9>21=<575>6 97;<:9><68 =13L1;A > 7 =1;;>3?> 31 =7A D1 <35C?1; > 7=1;518 =1A 76 31;A 76 @;76<2><;76 5> >2>?;1?M=3<=7 + 8 ?1516 16 A 1?1;>6 >2M?;<=16 5>9>A D166C<; CA 7 D27=7 A >?:2<=7 L<;A >A >3?> D;>67 71 >6?7?1;8 37 BC72 6R1 A 7;=75768 5> A 73><;7 2>4E9>28 D>21 A >316 76 6>4C<3?>6 =7;7=?>;E6?<=76T 1A >8 A 7;=7 =1A >;=<72 1C 6EA @121 <5>3?;=<73?>[ > 3WA >;1 5> L7@;<=7FR1[ 6DM=<> 5> =1;;>3?> 72?>;3757 1C =13?E3C7 [ 6DM=<> 5> A 1?1; <35CFR18 D7;72>218 >?= [ 3WA >;1 5> L76>6 1C L;>BbQ3=<7 >A =<=216d6>4 A 1?1;>6 5> [ )1?Q3=<7 31A <372 >A Ko 8 % ) % ) S # 8 Ko 8 1C >A = 9 = 9 S #8 Ko [ >36R1 31A <372 1C ?>36G>6 31A <37<6 5> 1D>;7FR1[ 1;;>3?> 31A <372 ^ D2>37 =7;47[ *>21=<575> 734C27; 31A <372 ^ D2>37 =7;47 ;1?7FG>6 DdA <3 [ >36R1 > =1;;>3?> 51 =<;=C=C35:;<1 A 1?1;>6 5> <35CFR1 =1A ;1?1; @1@<3751 5> 73M<6 1516 16 A 1?1;>6 5>9>A ?;7P>;8 7<3578 37 A >6A 7 1C 31C?;7 D27=78 1 >6BC>A 7 576 2<47FG>6 6 D27=76 5> =7;7=?>;E6?<=76 D15>A 7<357 <35<=7;T 7?1; 5> D1?Q3=<7 31A <372 ^ D2>37 =7;47[ 6DM=<> 5> 6>;9 D>BC>37 5C;7FR1[ BC7351 L72?7 >6?7 <35<=7FR18 1 A 1?1; M 5> 6>;93?1 D>;A <66E9>2 57 ?>A D>;7?C;7 516 >3;127A >3?16 > D7;?>6 75H7=>3?>68 >A 4;7C6 =>3?E4;7516[ L7?1; 5> 6>;9=7;47 BC> 1 A 1?1; D15> 6CD1;?7; >A 6>;92M?;<=1 C3<9>;672 M CA A 1?1; BC> D>;A 2<47FR18 ?73?1 37 =1;;>3?> =13?E3C7 =1A 1 37 =1;;>3?> 72?>;37578 D1<6 1 6>C ;1?1; @>A =1A 1 6>C >6?7?1; 6R1 L1;A 7516 D1; =J7D76 5> L>;;1 6<2E=<18 BC> ;>5CP>A 71 A E3L>276 =1;;>3?>6 <35CP<576 376 A 76676 A >?:2<=768 BC7351 61@ 7 7FR1 5> CA =7A D1 A 743M?<=1 97;<:9>2 <4C;7 76 ;73JC;76 51 >6?7?1; 6R1 721H7576 76 @1@<376 5> =7A D1 4>;72A >3?> 5C76 8 3>=>66:;<76 D7;7 7 L1;A 7FR1 51 =7A D1 <35C?1; 76 ;73JC;76 51 ;1?1; 6R1 >3;127576 5<;>?7A >3?> 76 @1@<376 <35CP<5768 =CH76 D13?76 ?>;A <37<6 6R1 2<47576 5>9<57A >3?> 376 2\A <376 BC> L1;A 7A 1 =12>?1; <4C;7 <35CP<51 > 1 =7A D1 <35C?1; 8 6R1 2<47516 >A 6M;<>8 =1A 1 A 16?;7 1 5<74;7A 7 )7;7 7 A C573F7 51 6>3?<51 5> ;1?7FR18 @76?7 <39>;?>; 76 2<47FG>6 316 D1;?7 >6=19768 1C 76 2<47FG>6 576 @1@<376 51 =7A D1 <35C?1;8 BC7351 7 =1274>A 5> 2<47FG>6 71 =12>?1;8 6R1 >BC<972>3?>6 716 51<6 6>3?<516 <4C;7 6 A 1?1;>6 C3<9>;67<6 7D;>6>3?7A CA 72?1 =13HC4751 5> D7;?<578 5>6>39129>A 72?7 9>21=<575>8 6R1 =136?;CE516 D7;7 ?>36G>6 5> # * > #* 1C > 31;A 72A >3?> 7 6C7 D1?Q3=<7 3R1 97< 72MA 5> # # o 8 67291 >A =7616 >6D>=<7<6 6?> ? A 1?1; M 7D2<=751 37 A 7<1;<7 516 7D7;>2J16 D1;?:?><6 >2>?;151A M6?<=16 > >A 724CA 76 A :BC<376 D1;?:?><6 C67576 37 <35W6?;<7 !!3$ 3$ . >R A 1?1; A 131L:6<=1 5> 73>2 >A =C;?1 M CA A 1?1; 5> <35CFR1 5> ;1?1; ? >6BC<21 > 6>C >6?7?1; M 5> DU216 672<>3?>6 =1A =79<575>68 135> 6R1 =121=7516 73M<6 5> =1@;> 1C 27?R18 BC> 7@;7F7A D1C=1 A >316 57 A >?75> 5> =757 DU21 <4C;7 ! =;<751 D>216 73M<68 CA L2CX18 5>9<51 76 =1;;>3?>6 <35CP<576 D;15CP<576 D>21 L2CX1 97;<:9>28 5>L76751 >A 7?;761 51 L2CX1 1;<4<3751 D>276 @1@<376 516 DU216 <35C?1;>68 6C;4<351 =1A 7 ;>6C2?73?>8 CA =7A D1 4<;7?U;<1 ;1?1; 5>3?;1 5>2> M L1;F751 7 4<;7; 31 A >6A 1 6>3?<51 5>9<51 71 =7A D1 D;15CP<51 D>276 =1;;>3?>6 <35CP<576 376 @7;;76 721H7576 376 ;73JC;76 51 ;1?1; <4C;7 " R1 =136?;CE516 D7;7 ?>36G>6 5> # * > # *8 # 1C # % P8 o 7 # o > 31;A 72A >3?> D7;7 > DU216 D7;7 9>21=<575>6 5> "# # 7 !# # ) >A # % P > # # # 7 ## ) D7;7 # % P ?>A 9>21=<575> =136?73?> 3R1 75A ;>4C274>A > 3>A ;>9>;6<@<2<575> 7D2<=7FR1 5>66>6 A 1?1;>6 6> L7P >A D>BC>376 A :BC<376 ?7<6 =1A 1T ?1=7 5<6=168 ;>2U4<168 6>;91 A >=73<6A 168 >?=[ D1;BC> M CA A 1?1; 5> @7 D7;?<57 > @7353?1 !!3$ 3& . >R " S A 1?1; 5> L76> 7CX<2<7; M CA A 1?1; 5> <35CFR1 =136? CA ;1?1; ? >6BC<21 > CA >6?7?1; L1;A 751 D1; =1;176 5> =J7D76 <6127576 5> L>;;1 6<2E=<18 =1A ;73JC;76 37 D7;?> <3?>;378 L3;127A >3?168 D;<3= 7CX<2<7; 6R1 721H7516 376 ;73JC;76 <61275768 5>621=7576 5> CA \34C21 5> "# Y >2M?;<=16 CA 51 1C?;1 6 A 1?1;>6 A 131L:6<=16 5> <35CFR1 6>A 5<6D16 D7;?<578 3R1 ?>A 7;;73BC> D;UD;<18 D1; 3R1 D;15CP<; =7A D1 ;1?7?<918 57E 7 3>=>66<575>8 5> 6> C?<2 7CX<2<7; =1A =7;7=?>;E6?<=76 5;>3?>6 51 D;<3= 16 =7A D16 A 743M?<=16 5>L767516 >3?;> 6<8 D;15CP7A CA 7 ;>6C2?73?> ;1?7?<978 BC> D1; <35CFR1 A 193?> 1 ;1?1; ?3?;1 5>2> >3;127A >3?1 D;<3= A 151 D;>=<618 A 76 1 7CX<2<7; M =136>4C<51 5> A 73><;7 >A DE;<=78 A 76 6>A D;> >A ;>27FR1 71 D;<3= q 7 !# q 51 3WA >;1 5> =135C?1;>6 51 D;<3= 7 6>FR1 51 =135C?1; 97;<7 5> # q 7 # q 51 =135C?1; >A D;>4751 31 D;<3=36G>68 @76?7 5>651@;7; 1 >3;127A >3?1 51 D;<3=3?> D7;7 # * >A 5C76 9>P>6 1 3WA >;1 5> =135C?1;>68 =1A 6C7 6>FR1 ;>5CP<57 D>27 A >?75>8 5<9<5<51 >A 51<6 =<;=C D166<@<2 2<47; >A D7;72>21 D7;7 # * > >A 6M;<> D7;7 #* <4C;7 >3;127A >3?1 7CX<2<7; 3R1 5>9> 6>; A 15C6 ?>;A <37<6 5>9>;R1 6>; 2<47516 CA 3CA 516 >X?;>A 16 > 1 1C?;1 31 =>3?;1 57 2<47FR1 6M;<> 51 D;<3= 1 =135>36751; BC> L<=7 2<4751 >A 6M;<> =1A 1 7CX<2<7;8 3R1 ;>=>@7 CA 7 ?>36R1 72MA 5> # * >;72A >3?> M C6751 1 >3;127A >3?1 7CX<2<7; 61A >3?> D7;7 1 7;;73BC>8 5>D1<68 D1; <3?>;A M5<1 5> CA <3?>;;CD?1; =1A 735751 D1; CA 5<6D163?;ELC41 1 7CX<2<7; M 5>62<47518 D>;A 73>=>351 1 =7A D1 ;1?7?<91 D>27 7FR1 51 6>3?<51 5> ;1?7FR1 51 ;1?1; > D>21 =1A D13>3?> 5> =7A D1 =;<751 D>276 =1;;>3?>6 <35CP<576 376 @7;;76 51 ?A =C;?1 ?C72A >3?> >6?>6 A 1?1;>6 6R1 L7@;<=7516 D7;7 5C76 ?>36G>6 # * > # *8 D7;7 76 L;>BbQ3=<76 5> # % P 1C # % P8 D7;7 76 D1?Q3=<768 5> d 7 = 9 1@;> 1 A 1?1; M =121=751 CA =135>36751; >2>?;12E?<=1 =1A 6C7 D;1?>FR1 =13L1;A > 7 L<4C;7 7@7276 7@7A 16 76 =7;7=?>;E6?<=76 D;<3=6 A 131L:6<=16 5> L76> 7CX<2<7; ?7@>27 7@73?> >A 7A D>;>6 516 A 1?1;>6 A 131L:6<=16 >A 4>;728 376 5<9>;676 D1?Q3=<76 ;>27=<137576 =1A 7 ?>36R1 5> 723?7FR1 7@>27 " 3, 3 d d d d !!6 , G H 8 8 8 #8 8# !8 8# d 7@>27 #= , +6 * @ E ### ## ### $$6, G H 8 8 8 8 8 "8 8# : E T : S 3 3 3 -6 * @ E ## !# # ## C " # " # E T : C ## # # )7;7 9>21=<575> >A 97P<1 L1< ?1A 757 7 9>21=<575> 5> 6<3=;13<6A 18 >A @1;78 37 D;:?<=78 >667 9>21=<575> 6>H7 2<4><;7A >3?> A >31; 9>21=<575> A 7;=757 37 D27=7 516 A 1?1;>6 ;>L>;> 6> ^BC>27 A >5<57 ^ D2>37 =7;47 6 A 1?1;>6 A 131L:6<=16 5> <35CFR1 ?QA 16 6>4C<3?>6 <3=139>3<>3?>6T )>BC>37 =7D7=<575> D7;7 6CD1;?7; 61@;>=7;47[ + 7353?1[ + 7 D1?Q3=<7[ 73C?>3FR1 5> =C6?1 >2>9751 6 A 1?1;>6 A 131L:6<=16 5> <35CFR1 5> L76> 7CX<2<7; 6R1 C?<2A A :BC<376 5> 2797; ;1CD768 >A >2>?;1@1A @768 >A 4>275><;768 >3=>;75><;76 5> D1?Q3=<7 >2>975768 >?= =135>36751; 7D2<=751 316 A 1?1;>6 5> L76> 7CX<2<7; ?>A 5CD27 L<372<575>T 7; A 7<1; =13HC4751 31 7;;73BC>[ );15CP<; A 7<1; 5>L767A >3?1 >3?;> 16 =7A D16 A 743M?<=16 D;<3= 7CX<2<7; =7D7=<575> 516 =135>36751;>6 5> D7;?<578 5>?>;A <3757 >XD>;3?72A >3?> D>216 L7@;<=73?>6 5> A 1?1;>68 97;<7 71 97;<7; 7 D1?Q3=<7 51 A 1?1;8 =13L1;A > 7 ?7@>27 7@7 A :X27 3, 3 d d d d d > 5> 5> 5> 5> 5> 5> "H 7?M " 7?M " # 7?M # 7?M # ! # 7?M # 7?M ! !!3$ 3) . >R Q A 1?1; ?; =1A DG> 5> CA >6?7?1; =1A ;73JC;76 31 6>C <3?>;<1;8 135> 6R1 721H7576 9:;<76 @1@<376 D>;L>3?> <6127576 57 A 7667 >6?7?U;<=7 > >3?;> 6<8 5>9<57A >3?> 5<6?;<@CE576 > 2<47576 L1;A 7351 ?;Q6 =<;=C 66 6?76 L76>6 5>9>;R1 >6?7; 2<47576 >A ?;<\34C21 r 1C >6?;>27 7 CA 7 ;>5> ?; 6C76 @1@<376 D;15CP7A CA =7A D1 ;>6C2?73?> 4<;7?U;<1 5> 9721; <397;<:9>2 A 1?1; ?; 7D2<=7FR1 A 7<6 =1A CA ?>A 6>C ;1?1; 51 ? >6BC<218 D15>351 ?7A @MA 6>; 51 ? D1; <3?>;A M5<1 5> ;>16?7?1 =7A D1 4<;7?U;<1 71 D7667; D>276 @7;;76 1C =135C?1;>6 D;15CP 3>6?>6 =1;;>3?>6 <35CP<5768 L7P>351 =1A BC> 1 ;1?1; =;<> CA =7A D1 A 743M?<=1 BC> 7=1A D73J> 6>C 6>3?<51 5> 4<;1 # )15> 6> >3C3=<7; 1 6>4C<3?> D;<3=ED<1 5> LC3=<137A >3?1T ?;Q6 >3;127A >3?16 <5Q3?<=16 8 + > 6?;<=7A >3?> =121=7516 =1A 16 ;>6D>=?<916 >3?;> 6<8 D>;=1;;<516 D1; ?;Q6 =1;;>3?>6 72?>;37576 5> <4C72 L;>BbQ3=<7 > 9721; >L<=7P8 A 76 5>L767576 CA 7 57 1C?;7 5> #Y >2M?;<=16 1C 5> d 5> D>;E1518 D;15CP>A CA =7A D1 A 743M?<=1 ;1?7?<91 s =1A 7A D2 =136?73?>8 <4C72 7 8 9>P>6 1 9721; A :X =757 CA 516 ?;Q6 =7A D16 =1A D13>3?>6 s 8 s + > s <4C;7 s S 8 X s + 8 135> s + S A :X =136<5>;751 <4C;7 =7A D1 A 743M?<=1 ;1?7?<91 4<;7 =1A 9>21=<575> C38 L7P>351 CA 7 ;1?7FR1 >A =757 D>;E151 57 =1;;>3?> 5> 723?7FR1 6>3?<51 5> 4<;1 >6?: 6C@1;5<3751 ^ 6>BbQ3=<7 5> L76>6 576 =1;;>3?>6 316 ?;Q6 >3;127A >3?16 576 L76>6 51 A 1?1; BC> D7;7 4<;7; 71 =13?;:;<1 M D;>=<61 <39>;?>; 6> 7 =1;;>3?> 5> 51<6 >3;127A >3?16 A 4>;728 16 ?;Q6 >3;127A >3?16 6R1 2<47516 >A >6?;>27 1C ?;<\34C218 D7;7 ;>=>@>; 2<47FR1 5> CA 7 2<3J7 ?;3?<51 5> 4<;1 51 =7A D1 D15>;: 6>; <39>;?<518 ?;1=7351 6> 66A >3?> 51<6 L<16 57 2<3J7 2<47516 716 ?>;A <37<6 51 A 1?1; <4C;7 <4C;7 4;:L<=1 7@731<572 BC> M 7 ;>D;>6>3?7FR1 57 L > A 57 =1;;>3?> 72?>;37?<978 > 51 =7A D1 A 743M?<=1 97;<:9>2 D;15CP<51 D1; CA 7 =1;;>3?> BC> 97;<7 D>;<15<=7A >3?> 6>C 6>3?<51 > 6C7 <3?>36<575> A 7 =1;;>3?> 72?>;3757 <4C;7 A 1?1; ?; <35CFR1 ?>A ;1?7FR1 5> =7A D1 4<;73?> 5> 7=1;51 =1A 7 L;>BbQ3=<7 57 ;>5> > 51 3WA >;1 5> D7;>6 5> DU216T 3 S # X 135>T S L;>BbQ3=<7 5> ;>5> >2M?;<=7 > ) S 3WA >;1 ) 5> DU216 51 A 1?1; 6=1;;>47A >3?1 5;>3F7 >3?;> 7 9>21=<575> 51 =7A D1 4<;73?> > 7 51 ;1?1; 5: 6> 1 31A > 5> >6=1;;>47A >3?1 >;72A >3?> 1 >6=1;;>47A >3?1 M >XD;>661 D>;=>3?C72A >3?> >A ;>27FR1 ^ 9>21=<575> 5> 6<3=;13<6A 1 >C 9721; M @76=1;;>47A >3?1 M =72=C2751 D>27 ;>27FR1T 6 S 36 3 X # # 36 35>T 6 S >6=1;;>47A >3?18 >A q [ 36 S 9>21=<575> 6E3=;137[ 3 S 9>21=<575> 51 ;1?1; ;1?1; 51 A 1?1; ^ D2>37 =7;47 5: CA >6=1;;>47A >3?1 BC> 97;<7 5> q D7;7 16 A 1?1;>6 D1?>3?>6 7?M q D7;7 16 5> D>BC>37 D1?Q3=<7 6?>6 A 1?1;>6 2>97A 973?74>A 61@;> 1 A 1?1; 6E3=;1318 D>21 L7?1 5> D15>; D7;?<; =1A =7;47 % : 51<6 ? A 1?1;>6 5> <35CFR18 =13L1;A > 7 L1;A 7 51 >3;127A >3?1 51 6>C <35CP<51T 1?1; 5> ;1?1; 47<127 5> >6BC<21[ 1?1; 5> ;1?1; @1@<3751 1?1; =1A 7<127 5> 6BC<21 >3;127A >3?1 51 <35CP<51 5>6?> ? A 1?1; M L1;A 751 D1; @7;;76 5> 72CA E3<1 1C =1@;>8 =121=7576 5>3?;1 576 ;73JC;76 51 ;1?1; > ?>351 6C76 >X?;>A <575>6 ;>C3<576 7?;79M6 5> 73M<6 5> =C;?1 =<;=C =1@;>8 6R1 61257576 716 73M<6 6?> A 1?1; M ?7A @MA =J7A 751 ;1?1; >A =C;?1 =<;=C21=<575> 51 A 1?1; M D;7?<=7A >3?> =136?73?>8 D1<6 1 >6=1;;>47A >3?1 97;<7 D1C=1 =1A 7 =7;47 L7?1; 5> D1?Q3=<7 7CA >3?7 =1A 7 C?<237 =7;47 31A <3728 BC7351 72=73F7 1 6>C A :X >3?R1 >2>97351 6> 7 =7;478 5 =U6 s ;>353?1 =;>6=>8 =1A 7 =7;478 7?M 5>?>;A <3751 D13?18 ?7A @MA 937 =7;47 31A <372 BC7351 76 D>;576 L 97;<:9><6 6> >BC<972>A [ 72MA 5>6?> D13?1 1 ;>353?1 D7667 7 @7;E6?<=76 7=A 6>; 1@6>;97576 31 4;:L<=1 6>4C<3?>8 135> =C;976 ;>27=<137A 1 ;>353?18 7 9>21=<575> > 1 L7?1; 5> D1?Q3=<7 =1A 7 D1?Q3=<7 612<= 9>A ;>27=<13751 =1A 1 >6=1;;>47A >3?18 31 4;:L<=1 6>4C<3?> M @73?18 6>351 D;UD;<1 D7;7 7;;73BC>6 6>A =7;47 &C7351 6> 3>=>663?1 >2>97 6> 7 ;>6<6?Q3=<7 51 <35CP<51 C67351 6> ;1?1;>6 =1A 5CD27 1C ?; <35CFR1 =1A 1 ;1?1; >A =C;?1 =<;=C > ?;736A <66R18 7=<137351 @1A @76 =>3?;ELC4768 =1A D;>661;>6 5> 7;8 9>3?<2751;>68 ?1;316 A >=\3<=16 >?= 1?1; + 1@<3751 >3;127A >3?1 51 <35CP<51 M =136?6 5> =1@;> <6127516 >3?;> 6< > A 13?7516 376 ;73JC;76 51 ;1?1; =13HC4751 31 7;;73BC>8 5>6?> ? A 1?1;8 M @>A A >2J1; BC> 1 73?>;<1;8 D1;BC> D15>A 16 <36>;<; ;>6<6?1;>6 >A 6M;<> =1A 76 L76>6 51 >3;127A >3?1 51 ;1?1; % : ?A BC> 16 ;>6<6?1;>6 6R1 A 13?7516 31 ;1?1; > >2 7 6C7 9>21=<575> 31;A 728 7?;79M6 5> A >=73<6A 16 =>3?;ELC416 C?;1 ? ;1?1; @1@<3751 M 7BC>2> >A BC> 6>C6 >3;127A >3?16 6> 2<47A ^ 73M<6 =12>?1;>6 61@;> 16 BC7<6 7DU<7A 6> 76 >6=1976 )7;7 >6?>6 ? ;>16?7?168 >A >6?;>27 8 2<47516 >A 6M;<> =1A 16 >3;127A >3?16 51 ;1?1; 7?;79M6 5> >6=1976 > 73M<6 =12>?1;>6 A >5<57 BC> 1 A 1?1; 7CA >3?7 7 6C7 9>21=<575>8 A 731@;7 6> 1 ;>16?7?1 7 L ;>?<;7; 4;757?<97A >3?> 16 ;>6<6?1;>6 51 =<;=C3;127A >3?16 >A >6?;>27 A 724C36 ? A 1?1;>68 D7;7 BC> 76 >6=1976 3R1 LA 5>6476?7351 6> 5C;73?> 7 A 7;=J7 31;A 728 >276 6R1 6C6D>3676 >8 7?;79M6 5> 727973=768 16 73M<6 6R1 =C;?1 =<;=C ;>16?7?16 72MA 5> 6> A >2J1;7; 1 =13HC4751 51 A 1?1; D15> 6> 97;<7; 7 9>21=<575> 51 A >6A 18 D1;MA =1A 1 <3=139>3<>3?> 5> 7CA >3?7; 7 D>;57 D1; >L> 316 ;>6<6?1;>68 5C ;>353?1 A 1?1; =1A ;1?1; @1@<3751 M C6751 BC7351 6> 3>=>66 7<357 BC7351 6> D;>=<67 97;<7; 7 9>21=<575>8 =1A 1 31 =761 576 4;C768 >2>9751;>68 >?= 6 A 1?1;>6 5> <35CFR18 47<127 1C ;1?1; @1@<37518 7D;>6>3?7A 76 6>4C<3?>6 973?74>36T R1 668 ;1@C6?168 5> 7;;73BC> D;UD;<1 > @1A ;>353?1 ? >6BC<21 5>9> 6>; C?<2A ?1516 16 21=7<6 135> J7H7 D>;<41 5> >XD216R18 9<6?1 3R1 D;15CP<; L7E6=768 D1<6 3R1 =13?MA =13?7?16 5>626 =12>?1;8 >6=19768 >?= ?A D;>4751 BC7351 J: 3>=>66<575> 5> 7;;73BC> > D7;7576 L;>Bb>3?>6 6>;9;A 3?> BC> >X<4> A 7<1; =13HC4751 <3<=<72 2MA 5<6618 =1A ;>16?7?16 6> ?>A 9>21=<575> ;>4C2:9>2 1A 1 5>6973?74>36 516 A 1?1;>6 766E3=;1316 = D1?Q3=<7 3R1 <4C72 7 C3<575>8 6>351 @76 5> D>BC>37 D1?Q3=<78 67291 31 =761 5> 6>;>A @>A =136?;CE516 ? >6BC<21 7D;>6>3?7 CA @7X=>?1 316 5> 47<1276 >6D>=<7<68 > 6C7 9>21=<575> 3R1 D15> 6>; ;>4C2757 D1; A ><16 =1A C36 &C7351 L1; 3>=>66:;<1 7 9>21=<575> 37 D;1D1;FR1 5> D7;7 1C 9<=> 9>;678 C67 6> >L>?C7; >3;127A >3?16 >6D>=<7<6 5> >6?7?1r. '. !!3& 3! . #B 3?>;;CDFR1 5> CA 7 1C A 7<6 L76>6 57 ;>5> 1A 1 7CXE2<1 5> CA A C2?EA >?;18 D15> 6>; 9>; J: L<16 <3?>;;1A D<5168 =13>XR1 612?78 =13?7?1 L;1CX18 LC6E9>2 BC> ?>36R1 >A CA 7 1C A 7<6 L76>6 57 ;>5> 1A >X=>FR1 57 W2? 5>D>35> 57 ;>5> 57 5<6?;<@CX?>;378 76 1C?;76 =7C676 D15>A 6>; L7=<2A >3?> ;>D7;7576 >16?7?1 5> 7;;73BC> <3?>;;1A D<51 1A 1 7CXE2<1 5> CA A C2?EA >?;18 D15> 6> 9>; 51 =<;=C6<6?1;>6 1C 1 A 7C LC3=<137A >3?1 516 =13?7?16 6?> 5>L> L:=<2 ;>D7;7FR1 !!3& 3$ . B : @ C >36R1 @736R18 ^ 9>21=<575> 5>=;>6=>8 D1<6 7 D1?Q3=<7 M D;1D1;=<1372 7 >27 1A CA 912?EA >?;1 5>9>A 16 =13L>;<; 1 9721; 57 ?>36R1 > 7HC6?: 27 71 5>9<51 9721;8 BC7351 D166E9>2 <47FR1 ?;1=757 1;;<4> 6> 1 5>L> 76 2<47FG>6 !!3& 3& . U 3?>;;CDFR1 5> CA 7 576 L76>6 A 1?1; LC3=<137 =1A 1 6> L166> A 131L:6<=18 6C7 9>21=<575> @7 7D;>6>3?7 CA ;CE51 =7;7=?>;E6?<=18 =1361A > CA 7 =1;;>3?> A C 7 5> ;>4 >8 31 =761 5> >6?7; =1A =7;478 7=7@7 D1; BC>3;127A >3?1 >9> 6> D7;7; 7 A :BC<37 5<7?7A >3?>8 21=72L>?;1 > ;>D7;: 218 6>A D;> BC> D166E9>2 <47FR1 ?;1=757 1;;<4> 6> 1 5>L> 76 2<47FG>6 761 6> A C5> 76 2<47FG>6 > 1 A 1?1; =13?<3C> 7D;>6>3?7351 1 D;1@2>A 78 M D1; BC> 1 5>L>;31 , !!3) 3! . #B 3?>;;CDFR1 3CA 7 576 L76>6 51 >6?7?1; ?;;;CDFR1 3CA 7 576 L76>6 516 A 1?1;>6 ?;3;127A >3?1 >A A 131L:6<=1 > 1 A 1?1; 3R1 7;;73=7 =136CA 1 5> =1;;>3?> 6>;: >X=>66<91 > 1 >3;127A >3?18 =1A 1 M U@9<18 6> 7BC>=>;: 5>A 76<757A >3?>8 D15>351 7?M BC>?;18 D;1=C;7 6> 7 L76> <3?>;;1A D<57 > 7 6>4C<;8 C67351 6> 1 A >6A 1 D;1=>6618 9>; BC72 7 2<47FR1 1C @1@<37 5>L> 1 5>L>D7;1 M 66 3?>;;CDFR1 51 =<;=C ?;7@72J1 1C 7CX<2<7; 516 >6?7?1;>6 A 131L:6<=16 <3?>;;CDFR1 37 723?7FR1 5> CA 7 576 @1@<376 1C 376 D;UD;<76 @1@<376 8 31 =135>36751; 1C 31 <3?>;;CD?1; =>3?;ELC41 L7P =1A BC> 1 A 1?1; 3R1 7;;73BC> 1=72

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?;736L1;A 751;>6 6R1 A CA >BC3?16 >2>?;V3<=16 ' ' 7D2<=7FR1 5> CA 7 ?>36R1 71 D; CA ?;736L1;A 751; ;>6C2?7 31 7D7;>=3?1 5> CA 7 ?>36R1 <35CP<57 31 6>C 6>=C35:;<1 # # # 0 ( <4C;7 CA >3?7351 6> 7 ?>36R1 7D2<=757 71 D;36R1 <35CP<57 31 6>=C35:;<1 7CA >3?7 37 A >6A 7 D;1D1;FR1 <4C;7 *>; 7?;79M6 516 >X>A D216 576 L<4C;76 7=8 31 ?;736L1;A 751; ?1A 751 =1A >X>A D21[ 7 ?>36R1 51 6>=C35:;<1 M 6>A D;> 7 A >?75> 57 ?>36R1 7D2<=757 31 D;27FR1 >3?;> 76 ?>36G>6 31 D; 6>=C35:;<1 5>D>35> LC357A >3?72A >3?> 57 ;>27FR1 >3?;> 1 3WA >;1 5> >6D<;76 31 D; 6>=C35:;<1 CA ?;736L1;A 751; =1A D; # # >6D<;76 > 6>=C35:;<1 5> # # >6D<;76 7 ?>36R1 31 6>=C35:;<1 6>;: 1 51@;1 57 ?>36R1 31 D;31A <37351 6> 1 3WA >;1 5> >6D<;76 51 D; 2Q 6>T 67>A D7;7 =757 ) > 51 6>=C35:;<1 5> D15> 6> >6=;>9>;T BC> >3?;7 *>; BC> 1 ;>6C2?751 57 ;>27FR1 >6=;>9>;T d ) M 1 A >6A 1 57 ;>27FR1 * d*) 1418 D15> 6> 7?>A 7?<=7A >3?>8 D15> 6>8 >6=;>9>; BC>8 D7;7 1 ?;736L1;A 751; C6751 =1A 1 >X>A D21T ;>6C2?751 5>6?7 ;>27FR1 * d*) M 5>31A <3751 5> ;>27FR1 5> ?;736L1;A 7FR1 ;>27FR1 5> ?;736L1;A 7FR1 >XD;>667 7 ;>27FR1 >3?;> 7 ?>36R1 7D2<=757 71 D; 7 ?>36R1 <35CP<57 31 6>=C35:;<1 A ?;736L1;A 751; D15> 6>; =136?;CE51 5> L1;A 7 7 ?>; BC72BC>; ;>27FR1 5> ?;736L1;A 7FR1 BC> 6> 3>=>66 )1; >X>A D21T 7@>27 AB V > * S X *) 8 * S 8 X *) #8 * S # 8 X *) !& . , /0 # # / >31A <37A 6> 5<6HC3?1;>6 16 5<6D16 A 731@;7 > D;1?>FR18 =7D7P>6 5> >6?7@>2>=>;8 =135CP<; > <3?>;;1A D>; =1;;>3?>6 >A =1356 31;A 7<6 51 =<;=C6?7@>2>=>;8 =135CP<; D1; ?>A D1 >6D>= <3?>;;1A D>; =1;;>3?>6 >A =1356 731;A 7<6 >6D>= =C;?1 =<;=Cd1C 61@;>=7;47 6 5<6HC3?1;>6 5>31A <37516 ?M;A <=16 D166C>A CA 5<6D16 <3?>;;CDFR1 57 =1;;>3?> =136? A >?7<6 5> =1>L<=<>3?>6 5> 5<27?7FR1 ?M;A <=7 5;>3?>6 27?R1 > 7F1 8 61257516 5<27?7FR1 5>6<4C72 576 2\A <3768 D1; >L>=3?18 D;191=751 D1; CA 7 <4C;7 =1;;>3?> 5> 61@;>=7;47 A 15>;757 5> 21347 5C;7FR18 L7P <3?>;;1A D>; 7 D76674>A 57 =1;;>3?> 31 =<;=C 7 5<27?7FR1 5>6<4C72 576 2\A <376 5>?>;A <37 BC> 76 A >6A 76 6> =C;9>A > 5>62<4C>A 1 5<6D166 5<6D16?:2<=16 6R1 ;>2M6 ?M;A <=16 >8 >A =>;?16 ? 5<6HC3?1;>68 6R1 7HC6?:9><6 >A LC3FR1 57 ?>A D>;7?C;7 7A @<>3?> 2MA 516 ;>2M6 @?:2<=168 A C6 6R1 D;19<516 5> ;>2M6 A 743M?<=16 @1@<376 5> 7@>;?C;7 8 BC> 7?C7A A >=73<=7A >3?>8 5>62<47351 1 5<6HC3?1; BC7351 7 =1;;>3?> M <3?>367 > 5> =C;?7 5C;7FR1 ;>2M6 5> A :X67;A 7A 8 ?7A @MA 8 BC7351 1=1;;> CA =C;?1 =<;=CA CA 7 1C 376 ?;Q6 L76>6 <4C;7 <6HC3?1; ?;=1 * # D7;7 =1;;>3?>6 7?M 5>67;A 7A BC7351 L72?7 ?>36R1 >A CA 7 576 L76>6 ?M;A <=1 @?:2<=1 H C 8 16 ? D166C>A N@1@<37 5> A E32>A >3?1 ?H W : AB C : <4C;7 &C7351 1=1;;> CA 7CA >3?1 5> <3?>36<575> 57 =1;;>3?>8 1 >2>A >3?1 @?:2<=1 6> 5>621=78 D;191=7351 1 5>67;A 7A >3?1 57 D>F7 8 7 BC72 ;>=>@> 7 7FR1 5> CA 7 A 127 6?> ? 5<6HC3?1; M <5>72 D7;7 D;1?>FR1 =13?;7 61@;>=7;47 5<6HC3?1; ;>D;>6>3?751 >6BC>A 7?<=7A >3?> 37 L<4C;7 7@72>?;1A 743M?<=1 H C W : AB ?H C C : <4C;7 &C7351 CA 7 =1;;>3?> 5> 5>?>;A <3757 <3?>36<575> D>;=1;;> 7 @1@<37 8 7 J76?> D>F7 5>6?;797 7 727973=7 8 BC>8 D>27 7FR1 5> CA 7 A 1278 5>62<47 1 =13?7?1 6?> ? 5<6HC3?1; M <5>72 D7;7 D;1?>FR1 =13?;7 =C;?1 =<;=CD;>6>3?7 CA 5<6HC3?1; =1A D;1?>FR1 ?M;A <=7 > >2>?;1A 743M?<=7 H C ?H W : AB M 7?;7E57[ 7 C C <4C;7 6?> ? 5<6HC3?1; M <5>72 D7;7 D;1?>FR1 =13?;7 61@;>=7;47 > =C;?1 =<;=CA 5<6HC3?1;>6 ?>;A 1A 743M?<=16 =1A D>367516 BC> =13?QA CA 6>4C351 D7; @?:2<=18 =7D7P 5> 3>C?;72L> >9>3?C72 >2>97FR1 5> ?>A D>;7?C;7 7A @<>3?> <4C;7 X<6?>A 5<6HC3?1;>6 BC> 5>67;A 7A 76 ?;Q6 L76>6 BC7351 7 61@;>=7;47 1=1;;> >A 7D>376 CA 7 576 L76>6 ? 5<6HC3?1; C6751 37 D;1?>FR1 5> =<;=C @736R1 6R1 16 5<6HC3?1;>6 >A =7 5> A 7?>;<72 <61273?> )7;7 7 D;1?>FR1 5> =<;=C <2CA <37FR1 > ?1A 7576 6R1 C67516 16 5<6HC3?1;>6 >A =7?;1A 7; o >6?<34J1C6>[ <7BC<=f8 57 <>A >36[ & 8 57 >3>;72 2>?;<= >?= + + C68 72MA 516 >2>A >3?16 ?M;A <=16 > >2>?;1A 743M?<=168 D15>A ?>; =1A 1 7=>66U;<16 @1@<37 5> A E336R1 ?7A @MA =J7A 7578 ;>2M 5> 6C@?>36R1 8 BC> 3CA 7 L72?7 1C BC>57 5> ?>36R1 <3?>;;1A D> 7 D76674>A 5> =1;;>3?>8 3R1 573BC3?16 31 =761 CA A 1?1; ?;5> 5> 723?7FR1 BC7351 J: CA 7 BC>57 5> >3>;4<7 37 2<3J7 1C 7?M A >6A 1 7 L72?7 ;>2M >2>?;1EA R A 73?MA 7 D>F7 ?;797351 7 D>F7 8 L>=J7351 1 =<;=CA =1356 5> L7P>; @7F7 72?7351 ?>36R18 1 >2>?;1EA R 3R1 LC3=<1378 > 7A 127 5>621=7 7 D>F7 1A <6?18 7 @7;;7 M 5>6?;79757 >8 7=<13757 D>27 A 127 8 5>67;A 7351 76 ?;Q6 L76>6 57 =J79>8 > >6?7 6U D15>;: 6>; ;>7;A 757 A 73C72A >3?> 66;?>P7 5> BC> 1 A 1?1; 3R1 912?7;: 7 LC3=<137; BC7351 7 ?>36R1 6> ;>6?7@>2>=>; <4C;7 Q B )15>;>A 16 ?>; ?7A @MA CA ;>2M 5> 61@;>=1;;>3?> BC> 7?C7;: 6>A D;> BC> 7 =1;;>3?> 7?<34<; 9721;>6 >2>97516 2> ?>A 1 A >6A 1 LC3=<137A >3?1 51 ;>2M ?M;A <=1 H: A >3=<13751 <4C;7 <6HC3?1; ?;=1 * 8 <>A >368 =1A ;>2M ?M;A <=1 @?:2<=1 7HC6?:9>28 ;>2M A 743M?<=1 3R1 7HC6?:9>28 ;>2M 5> 6C@?>36R1 @1@<37 5> A E3 ;>2M 5> 5<6D7;1 D7;7 7=<137A >3?1 7 5<6?\3=<7 ,* ) % ( R1 5<6D16?<91 5> 23?> 5> CA =<;=C;;CDFR1 >A =7616 5> =C;?16 =<;=C=7;476 5> 21347 5C;7FR1 L<46 !> " <4C;7 ! <4C;7 " !& 3& 3! . AB C A #* 6 6>4C;73F76 % 6R1 =1A D16?76 5> @76> > LC6E9>2 L<46 # > @76> M =136?;CE57 4>;72A >3?> 5> >6?>7?;A 1L<16 5> LA =13?7?16 >A L1;A 7 5> 47;;76 D;7?>75768 BC> 47;73?>A 1 =13?7?1 >2M?;<=1 D>;L> 72?7 5C;7@<2<575>[ 7 >6676 47;;76 6> HC3?7A A 1276 BC> 7CA >3?7A 7 D;>66R1 5> =13?7?1 7 S 7?>;<72 <61273?> >6?>7?A L1;A 7 5> 47;;7 = S 127 + 76> 5> A 13?74>A 5> LC6E9><6 51 <6?>A 7 % <4C;7 C6E9>2 % <4C;7 # LC6E9>2 D166C< CA =1;D1 5> D1;=>2737 L<4 5> 6>FR1 ;>?734C27;8 =1A 6CL<=<>3?> ;>6<6?Q3=<7 A >=\3<=78 =13?>351 376 >X?;>A <575>6 L7=76 D;7?>7576 >3?;1 51 =1;D1 5> D1;=>2737 6> 721H7A 1 >21 LC6E9>2 > 1 >21 <35<=751; 5> BC>;616 >A 7;><7 >6D>=<728 5> 4;73C27FR1 75>BC757 <4C;7 1;D1 5> D1;=>2737 >21 LC6E9>2 M L> =1@;>8 >A L1;A 7 5> 27A <3768 97P7576 >A 5>?>;A <37516 D13?16 D7;7 ;>5CP<; 7 6>FR1 =135C?1;7 L<4 X<6?>A 7<357 >216 LC6E9><6 L> L D;7?7 9<;4>A 21 <35<=751; 5> BC>2 <4C;7 >?<;7351 6> 1 LC6E9>2 5> 6>4C;73F78 1@?MA 6> CA 7 6>D7;7FR1 9<6E9>2 516 @1;3>68 ?1;37351 5<6D>36:9>2 >A 724C36 =7616 7 C?<2 CA 6>==<13751; 75<=<1372 )7;7 6> ;>?<;7; 1 LC6E9>28 M 3>=>66:;<7 7 C?<2 CA 5<6D16 L<@;7 <61273?>8 =1A >347?>6 D7;7 >X?;7FR18 1 BC72 ;>=>@> 1 31A > 5> NDC3J1 67=7 LC6E9><6O !& 3& 3$ . AB C A E G H 6 6>4C;73F76 6R1 =1A D16?76 5>T @76> 7@>;?7 1C D;1?>4<578 ?7A D78 LC6E9>28 D7;7LC61 5> 7HC6?> > 73>2 9 CA >2>A >3?1 5> D1;=>2737 L<4 BC> =1A D1;?7 CA =1;D1 A >?:2<=18 ;16=751 <3?>;37A >3?>8 > >X?>;37A >3?> 2<4751 7 CA 516 @1;3>6[ 1 1C?;1 @1;3> >6?: <612751 51 D;<;1 > 2<4751 71 D7;7LC61 5> 7HC6?> <4C;7 S @1;3> 2<4751 71 =1;D1 ;16=751 + S @1;3> 2<4751 71 D7;7LC61 5> 7HC6?> : CA 5<6D16;72A >3?> 5> D1;=>27378 =1A CA =1;D1 A >?:2<=1 ;16=7518 BC> L2 ^ @76> > 3R1 6> <3C?<22 L<4 <4C;7 )>;A <36D>FR1 9<6C72 51 <35<=751; 51 LC6E9>2 > 7 6C@6?6?> 61@ ?>36R1 > W CA 5<6D16 D1;=>27378 =1A CA D7;7LC61 A >?:2<=1 BC>8 <3?;15CP<51 37 @76>8 5> 1 C61 5> LC6E9><6 5> N=7D7=<575>O 6CD>;<1; 7 57 <35<=757 L<4 <4C;7 A 13?74>A 51 D7;7LC61 5> 7HC6?> M L> CA 7 =J79> >6D>=<72 ?7A @MA CA >2>A >3?1 5> D1;=>27378 ;16=751 <3?>;37A >3?>8 BC> D;1?>4> 7 ;16=7 A >?:2<=7 57 @76> 7@>;?78 >9 5> =13?7?16 7=<5>3?7<68 37 ?;1=7 51 LC6E9>2 L<4 <4C;7 > Q@ =136? CA =1;D1 5> D1;=>2737 >A =CH16 >X?;>A 16 A >?:2<=16 6> L =1@;> DC;1 1C ;>=1@>;?1 =1A CA 7 =7A 757 5> P<3=18 ;61 >A 7;><7 >6D>=<728 5> 4;73C27FR1 75>BC7578 BC> LC3=<137 =1A 1 A ><1 >X?<3?1; 51 7;=1 912?7<=18 >9;<41 5> >XD216R18 31 =761 57 BC>2 L<46 !> " 127 C6R1 516 >216 > >XDC26R1 57 >6D12>?7 6D12>?7 13?7?1 6CD>;<1; 21 LC6E9>2 21 <35<=751; 5> BC><7 13?7?1 <3L>;<1; <4C;7 ! <4C;7 " )166C< CA <35<=751;8 9<6E9>2 7?;79M6 57 ?7A D78 5>31A <3751 >6D12>?78 =1A =1;>6 =1;;>6D135>3?>6 >A =761 5> BC>21 <35<=751; 5> BC>A M =136? CA L<1 A C >6?: 2<4751 >A D7;72>21 =1A 1 >21 LC6E9>2 1 =761 5> LC6R1 51 >21 LC6E9>28 1 L<1 51 <35<=751; 5> BC> LC35<;:8 D;191=7351 1 5>6D;>353?1 57 >6D12>?7 6 ;>2M6 ?M;A <=16 6R1 5<6D164>;8 =13?;127; 1C =1A 7357; CA =<;=C2M?;<=18 7?C7351 6>A D;> D>21 >L>27 =1;;>3?> >2M?;<=7 L<4 # <4C;7 # !& 3) 3! . ?R 6 ;>2M6 ?M;A <=16 ?QA =1A 1 >2>A >3?1 @:6<=1 1 N@?72O 66> >2>A >3?1 M =136? 5C76 2\A <376 L<376 31;A 72A >3?> L>;;1 > 3EBC>2 8 61@;>D16?76 > 61257576 L<46 <4C;7 !& 3) 3$ . " L<4 &C7351 51<6 A >?7<68 5> =1>L<=<>3?>6 5> 5<27?7FR1 5;>3?>68 6R1 C3<516 >A 6CD>;D16A 16 CA D7; A >?:2<=1 > >66>6 A >?7<6 L1;>A >A L1;A 7 5> ?<;768 ?>;>A 16 CA D7; A >?:2<=1 1C @?72 =1A 7 =13L1;A 7FR1 7D;1D;<757 D7;7 1 ;>2M A 9<;?C5> 57 5;>3F7 51 =1>L<=<>3?> 5> 5<27?7FR18 CA 516 A >?7<6 6> 721347 A 7<6 BC> 1 1C?;1 )1; >6?7;>A ;<4<57A >3?> C3<5168 1 5> A >31; =1>L<=<>3?> 5> 5<27?7FR1 D;191=7 CA >3=C;97A >3?1 51 =13HC3?1 D7;7 1 6>C 27518 7L76?7351 1 =13HC3?1 5> CA D13?1 5>?>;A <3751 66> A 193?1 D15> 6>; C6751 D7;7 5<9>;616 L<368 =1A 1 5<6D7;7; CA 47?<2J1 > 7@;<; CA =<;=CA 7 LC3FR1 5> L7P>; =1A BC> 7 7@>;?C;7 1C 1 L>=J7A >3?1 516 =13?7?16 6>H7 1 A 7<6 ;:D<51 D166E9>28 7 L BC> 1 7;=1 >2M?;<=1 3R1 D;191BC> 7 612574>A 1C 1 5>6476?> 516 =13?7?16 <4C;7 !& 3) 3& . : AB 6 =7;7=?>;E6?<=76 516 @?7<6 7D2<=7516 716 ;>2M6 D>;A A 716 A >6A 16 1 =13?;12> 5>T 61@;>=7;47 37 D;1?>FR1 5> A 1?1;>6[ =13?;12> 57 ?>A D>;7?C;7 7A @<>3?>[ ?>A D1;3?> =1A CA 7 @1@<37 5> 5CD21 @1@<3751 @1@<37 t 8 1C 6>H78 @1@<37 5> =13?7?1; =1A 6>=C35:;<1 !& 3) 3) . : 6 ;>2M6 ?M;A <=16 D15>A 6>;T 5<;>?16 1C <35<;>?16[ =1A ;>?>3FR1 1C 6>A ;>?>3FR1[ =1A D>367516[ 5;>3=<7<6 !& 3) 3+ . 6 ;>2M6 5<;>?16 6R1 7BC>=<516 D>27 D76674>A 57 =1;;>3?> 5> =7;47 D>21 D;UD;<1 @?72 ;>2M @?:2<=1 5<;>?1 5>67;A 7 1 5<6HC3?1;8 BC7351 J: CA 7 61@;>=7;47 7FR1 @?72 M 2>3?78 D1;MA 1 5>621=7A >3?1 M @;C6=18 D>27 7FR1 51 47?<2J1 @6>;97FR1T 7@>;?C;7 ;:D<57 >9A 516 =13?7?16 ! % * 0 ) + 6 =J79>6 7CX<2<7;>6 ?<;7 6R1 =J79>6 5> =1A 7351 A 73C72 BC> ?QA D1; L<372<575> <3?>;;1A D>; 1C >6?7@>2>=>; A 1A >3?73>7A >3?>8 D1; DC2618 CA =<;=C =1A 73518 D7;7 <3<=<7;8 <3?>;;1A D>; 1C =13?<3C7; CA D;1=>661 5> 7C?1A 7FR1 )15>A 6>; A 13?7576 >A =7D16A >A D7<3M<6 L<46 > <4C;7 <4C;7 6 @1?1><;76 D15>A ?>; 5<9>;616 @1?G>6 74;CD7516 >A D7<3M<6 1C =7 =757 @1?R1 D15> 7=<137; ?7A @MA 5<9>;616 =13?7?168 7@;<51;>6 1C L>=J751;>6 X?>;37A >3?>8 6R1 =136?;CE576 =1A D;1?>FR1 =13?;7 2<47FR1 7=<5>3?72 L<4 8 6>A D;1?>FR1 L<4 1C =1A =J79> ?=J75C;78 5>31A <3757 =1A C?751; 5> =1A 7351 L<4 <4C;7 <4C;7 <4C;7 6 @1?1><;76 D;1?>4<576 L<4 D166C>A CA 7 4C7;3 5> 7 2<47FR1 7=<5>3?72 > D166C>A 21341 =C;61 D7;7 7 2<47FR1 6 @1?1><;76 =1A =J79> L<4 6R1 51 ? ?>A D1; L<372<575> 5<; BC> BC72BC>; D>6617 2<4C> 1 =<;=C<;76 7<357 D15>A 6>; 7D;>6>3?7576 31 ?35>3?> >66> =7618 6C7 C?<26?<37 6> 71 =1A 7351 5> D13?>6 ;1273?>68 L72J76 >2M?;<=76 1C8 7<3578 A :BC<376 1D>;7?;

6 >A BC> 1 1D>;751; ?>A 5> 2<4: 276 >A 9:;<76 D166 5;>3?>6 L<4 ! 276 D166C>A L1;A 7?1 737?VA <=1 6 @1?1><;76 2CA <31676 6R1 51?7576 5> 2\A D7576 <3?>;3768 BC> 6> <2CA <37A BC7351 16 @1?G>6 6R1 7=<137516 L<4 " <4C;7 <4C;7 ? @ AB ; ! " R1 5>9>A 6>; C67576 D7;7 5>62<47; 3>A D7;7 2<47; >A >;4Q3=<7 !& 3+ 3! . 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AB 6 =13?7?1;>6 6R1 =136?;CE516 5> CA 4;735> 3WA >;1 5> D>F768 ?>351 =1A 1 >2>A >3?16 D;<3=D;>6>3?7516 37 L<4C;7 7@7 61A @;7 73>2 >A =C;?1 ?>A 7 L<372<575> 5> >2D<57FR1 D;15CP<57 31 3W=2>1 D>21 =7A D1 A 743M?<=1 5> 13?7?1 L 7;;C>27[ + 1@<37[ 7 3W=2>16 516 A 743>?16 L A U9>2 [ + 1@<37 5> 61A @;7[ <4C;7 # CD1;?> 57 A 127 51 =13?7?1 A U9>2[ 127 51 =13?7?1 A U9>2[ 13?7?1 A U9>2[ ! 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