Giorgio Giovannini et Ivano Sedili_La construction parasismique ...

of 37 /37
!"#! "#$%&#$ "'()*++'+' ',-.$ /01'2' %& '()*+,-'+.() /&,&*.*0.1-2 &//%.132 4 %& +2,,2 ',-2 *.-3456 67 -893#$%-7#$.5 :65 76;<.#=>65 :6 ;$.57%>;7#$. 6. 76%%6 ;%>6 ?00 @A B C 26-%.#.& D%$8 )6%.-;>3-% E

Embed Size (px)

Transcript of Giorgio Giovannini et Ivano Sedili_La construction parasismique ...

  • !

    !

    !

    !!! !

    !

    !"#!$!

    "#$%$!"'()*++'+'!',-.$!/01'2'!

    %&$'()*+,-'+.()$/&,&*.*0.1-2$&//%.132$4$%&$+2,,2$',-2 *.-3456!67!-893#$%-7#$.5!:65!76;65!:6!;$.57%>;7#$.!6.!76%%6!;%>6!

    [email protected]!B!C!26-%.#.&!D%$8!)6%.-;>3-%!E!!

  • 26-%.#.&!D%$8!)6%.-;>3-%! ! 0+*[email protected]!!

    ! H!

    !

    +5678$98:$;5?8:$

    !"! #$%&'()*%#'$+"""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""+,!

    ,"! -./+/.#/0./+.%+-1+*'$/%&)*%#'$+.$+%.&&.+*&).+"""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""+2!

    GIH!!20!/0'/J0!10!K*J!IIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIII!L!

    GIG!!?+0!/(2?M'(+!*/'*M'N?0!O!2*!C!KP?+"*!E!IIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIII!A!

    3"! /#/0'-'4#.+""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""+!5!

    QIH!!10/FR'SM'(+!1?!SP0+(J0+0!/'/J'N?0!IIIIIIIIIIIIIIIIIIIIIIIIIIIIIII[email protected]!

    QIG!!MTS0/!1U(+10/!/'/J'N?0/!IIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIII!HG!

    QIQ!!F*?/0/!10/!/0'/J0/!IIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIII!HQ!

    QIL!!20!R'/N?0!/'/J'N?0!IIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIII!HL!

    2"! .06-1*.0.$%+(.+-1+/%&)*%)&.+"""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""+!7!

    8"! /'--#*#%1%#'$+(9)$+:1%#0.$%+""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""+!;!

    7"! *'$*.6%#'$+"""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""+,5!

    "! ?'$(1%#'$/+"""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""+3!!

    !5"! *'$*-)/#'$+"""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""+32!

    :#:-#'4&16=#.+"""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""+37!

    !

    !

    ! !

  • 26-%.#.&!D%$8!)6%.-;>3-%! ! 0+*[email protected]!!

    ! G!

    !

    #@ .A

  • 26-%.#.&!D%$8!)6%.-;>3-%! ! 0+*[email protected]!!

    ! Q!

    ,6%7#;-3686.7!X-%!:65!;$>;;;655#,65!=>#!:9X-556.7!3-! 3-%&6>%!:>!8>%I!?.6!_$#5!=>6!3-!

    8-7#W%6!-!7-5596!5>__#5-886.7!$.!93#8#.6!3-!X-%7#6!6.!6a;W5I!!!

    26!&%-.:!-,-.7-&6!:6!3-!76%%6!;%>6!;$886!8-79%#->!:6!;$.57%>;7#$.!657!5-!:#5X$.#\#3#79!:#%6;7686.7!

    5>%!36!;686.7!->b:655$>5!:6!3-!;$>;7!i7%6!>7#3#596!:-.5!3-!;$.57%>;7#$.I!0336!&-%-.7#7!:$.;!5$.!-;;655#\#3#79!8i86!:-.5!365!%9$.5!365!

    X3>5!X->,%65!:>!8$.:6e!$j!3U>7#3#5-7#$.!:>!\97$.!-%89!67!:6!3U-;#6%!5$.7!#8X$55#\365!Y!;->56!:6!36>%5!

    ;$k75!936,95I!!

    F$886!$.! -! :#7! 3-! ;$.57%>;7#$.! 6.! 76%%6! ;%>6! 657! X%956.76! 5>%! 7$>5! 365! ;$.7#.6.75I! S-%! ;$.7%6! 365!

    %9$.5!7$>;5#$.!;$%%65X$.:6.7!67!56!5>X6%X$56.7!5$>,6.7!-,6;!:65!%9$.5!=>#!

    X%956.76.7!>.! %#5=>6! 5#58#=>6!936,9! ]3%21*"#4^I! 265! 7%68\3686.75!:6! 76%%6! 5$33#;#76.7! 365! 57%>;7>%65!-,6;!:65!_$%;65!67!:65!-;;939%-7#$.5!#!%#5=>6.7!:U6.:$88-&6%!$>!:U9;%-56%!:65!8>%5!

    =>#!$.7!979!;$.57%>#7!X$>%!%6X%6.:%6!X%#.;#X-3686.7!:65!6__$%75!,6%7#;->aI!

    2-!76%%6!657!7%W5!56.5#\36!Y!;6!&6.%6!:6!5$33#;#7-7#$.!Y!;->56!:6!565!8->,-#565!X%$X%#9795!89;-.#=>65!

    _-;6!Y!3-!7%-;7#$.!X%#.;#X-3686.7I!F$886!6aX3#=>6%!:$.;!3-!X%956.;6!:6!;$.57%>;7#$.!6.!76%%6!:-7-.7!

    :6!X3>5#6>%5!5#W;365!:-.5!:65!%9$.5!_$%7686.7!5#58#=>65!l!'3!657!X$55#\36!=>U>.6!8-#5$.!;$.57%>#76!

    >.#=>686.7!6.!76%%6!;%>6!X>#556!5>XX$%76%!:6!7635!6__$%75!l!N>63365!5$3>7#$.5!;$.57%>;7#,65!$.7!979!

    8#56!6.!m>,%6e!$>!X$>%%-#6.7!i7%6!-XX3#=>965!X$>%!-893#$%6%! 36!;$8X$%7686.7!:U>.6!57%>;7>%6!6.!

    76%%6!l!

    07!X$>%!_#.#%e!657b;6!=>6!3-!76%%6!;%>6e!&%`;6!Y!5-!%-X#:#79!:6!;$.57%>;7#$.!67!5$.!-:-X7-7#$.!Y!3U->7$b

    ;$.57%>;7#$.e!657!>.!\$.!8-79%#->!X$>%!3-!%6;$.57%>;7#$.!-X%W5!>.!7%68\3686.7!:6!76%%6!l!

    !

    !

    !

    [email protected]+!+E+!"#$%&'%&("&')**+,)-.&'%&("&/-.,$#+/$)-.&%.&$%##%&/#+%&%$&/"#$%&'%,&0-.%,&1&2"+$),3+%&,),4)3+%&%.&/-45"#"),-.&67%&8%.,)9&:;;

  • 26-%.#.&!D%$8!)6%.-;>3-%! ! 0+*[email protected]!!

    ! L!

    [email protected] %8:$:E=:;8:$8

  • 26-%.#.&!D%$8!)6%.-;>3-%! ! 0+*[email protected]!!

    ! c!

    -%89e! 365! \%#=>65! 6.! 76%%6! ;>#76! 67! >.6! \$..6! X-%7#6! 6.! ;6I! 0.! 6__67! 3-! ,#336!

    -.;#6..6!97-#7!#.#[email protected]!67!%6X%956.7-#7!:95$%8-#5!>.!5#76!7$>%#57#=>6I!

    F6776! X%68#W%6! ;$.57-7-7#$.! :98$.7%6! =>6! 36! ;$8X$%7686.7! X-%-5#58#=>6! .6! :9X6.:! X-5!

    >.#=>686.7! :>! 8-79%#->! :6! ;$.57%>;7#$.e! ;$886! $.! -! ,>! -,6;! 3U9;%-5686.7! :65! 57%>;7>%65! X3>5!

    %9;6.765!-,6;!:65!8-79%#->a!8$:6%.65I!

    !

    !

    [email protected]+3+E+F./)%..%&/)$"'%((%&'%&>"4&"5#C,&(%&,@),4%&'+&:;;7%6!%68-%=>6!.9;655-#%6!657! 36! _-#7!=>6! 3-!;#7-:6336!6.!76%%6!;%>6!-!5>%,9;>!X$>%!:65!8#33#6%5!

    :U-..965!-,-.7!:6!5U6__$.:%6%I!2-!5$3#:#79!39&6.:-#%6!:6!;6776!;#7-:6336!-!6.:$%8#!3U$X#.#$.!X>\3#=>6!

    5>%! 36! %#5=>6! 5#58#=>6!:-.5! 3-! %9$.! ;-%! 6336! .U-! X-5! 5>\#! :6!:$88-&65!:6X>#5! 3$.&768X5I! F63-! -!

    ;$.:>#7e!X6>7bi7%6e!Y!5$>5b657#86%!365!X%$\3W865!5#58#=>65!=>#!7$>;

  • 26-%.#.&!D%$8!)6%.-;>3-%! ! 0+*[email protected]!!

    ! A!

    1U->7%65!,6%5#$.5!%6;$.:>#56.7!36!:6&%9!936,9!:6!:657%>;7#$.!Y!>.6!%68#56!6.!97-7!:65!;$.57%>;7#$.5!

    -.;#6..65I!'3!-!979!:98$.7%9!X-%!>.!;6%7-#.!.$8\%6!:U6a68X365!=>6!365!;$.57%>;7#$.5!%657%>;7>%965!

    $>!=>#!$.7!5>\#!:65!7%-,->a!:6!C!%6._$%;686.7!Ee!X-%-:$a-3686.7e!$.7!979!X-%8#! 365=>63365!=>#!$.7!

    5>\#! X3>5! :6! :9&`75I! F63-! 5U6aX3#=>6! X-%! >.6! X6%76! :6! 5-,$#%! _-#%6! 67! :6! 8-#7%#56! :65! 76;65!

    ;$.57%>;7#,65!7%-:#7#$..63365I!p!K-8!>.6!-.-3456!X3>5!X%9;#56!-!;$._#%89!;6776!7#! .U$.7! X-5! 5>\#7! :65! %9.$,-7#$.5! %9;6.765! $.7! 5>\#7! 8$#.5! :6! :9&`75! X-%! %-XX$%7! Y! ;63365!

    %6._$%;965I!'3!-XX-%-n7!9,#:6.7!3U#8X$%7-.;6!:>!5$#&.6!-55>%9!Y!;65!#.76%,6.7#$.5I!!

    16!X3>5!:U->7%65!97>:65!$.7!-77%#\>9!>.6!X-%7#6!:65!;->565!:>!;$33-X56!:65!\`7#86.75!6.!76%%6!;%>6!Y!

    3-!:9&%-:-7#$.!X%$,$=>96!X-%!365!76%8#765e!=>#!$.7!;$.7%#\>9!Y!%9:>#%6!3-!;-X-;#79!X$%7-.76!:65!8>%5!

    6.!%9:>#5-.7!3-!;$365!&%-.>3-#%65!=>#!365!;$8X$56.7I!!

    165!;$.57-7-7#$.5!5#8#3-#%65e!5>%! 3-!X%$\398-7#=>6!:65!7%-,->a!:6!%6.$>,633686.7e!$.7!979!_-#765!6.!

    '7-3#6e! Y! /-.! "#>3#-.$I! 1-.5! ;6! ;-5! 36! ,#33-&6! -.;#6.! ;$.57%>#7! 6.! X#6%%65! -! %95#579! 8#6>a! =>6! 365!

    ;$.57%>;7#$.5!6.!\97$.!-%89e!=>#!$.7!X%$,$=>9!36!X3>5!&%-.:!.$8\%6!:6!,#;7#865I!?.!->7%6!6a68X36!

    657! Y! *%86.#-! 6.! F$3$8\#6e! $j! 6.! Hqqq! -X%W5! 36! 59#586! 365! \`7#86.75! ;$.57%>#75! -,6;!8-79%#->a!

    #.:>57%#635! 97-#6.7! 7%W5! 6.:$88-&95! 67! #3! -! _-33>! 365! :97%>#%6e! -3$%5! =>6! 365! 8-#5$.5! 6.! 76%%6! 67!

    \-8\$>e!=>#!5$.7!7%W5!%9X-.:>65e!$.7!%95#579!-556g!\#6.I!

    ?.!-5X6;7!Y!5$>3#&.6%!657! 3-!X6%76!:6!;$..-#55-.;6!:65! 76;65!;$.57%>;7#,65! 7%-:#7#$..63365I!0.!

    6__67! 7%-:#7#$..633686.7! 3U-%;%6! 97-#7! -:-X796! :6! _-r$.! Y! ;$%%#&6%! 365! X$#.75! _-#\365! :65!

    8-79%#->a!>7#3#595I!*,6;! 3U#.7%$:>;7#$.!:65!.$>,6->a!8-79%#->a!X3>5!X6%_$%8-.75! 365!%W&365!:6!\-56!

    :6! 3-! ;$.;6X7#$.!$.7! 9795! $>\3#95! X$>%! ;3#W%65! =>#! %65568\3-#6.7! Y!

    ;63365!>7#3#5965!:-.5!3-!;$.57%>;7#$.!6.!\97$.!-%89!67!6.!-;#6%I!F63-!-!6>!:65!6__675!.9_-5765!X$>%!365!

    \`7#86.75! 6.! 76%%6! ;%>6! ;-%! 565! _-#\365565! $.7! 979! -;;6.7>965! ->! 3#6>! :Ui7%6! ;$8X6.5965! X-%! >.6!

    ;$.;6X7#$.!X3>5!5$#&.96I!F67!-5X6;7!-!979!;$.57-79!X-%!365!(+"!->!/-3,-:$%e!$j!365!->7$;3>!:65!8-#5$.5!X3>5!&%-.:65!=>#!.U97-#6.7!X-5!-:-X7965!->a!%#5=>65!5#58#=>65!:6!3-!%9$.I!

    !

    [email protected]!$$-A8$:B7C;7#$.! 6.! 76%%6! 657! ;63>#! :6! 3-!

    %9$.! :6! s-;

  • 26-%.#.&!D%$8!)6%.-;>3-%! ! 0+*[email protected]!!

    ! V!

    365!a!=>#! ,#,6.7!:-.5!:65! ;$.57%>;7#$.!6.! 76%%6I! S$>%! 3-!

    %6;$.57%>;7#$.e!;6;#!-!X$>559!365!.!6I!

    F$.;6%.-.7!365!C!\.&-5!Ee!63365!56!;-%-;79%#56.7!X-%!36>%!_$%86!;$8X-;76!]6.!X%9,-36.;6!;#%;>3-#%6^!

    67! X-%! 365! :#86.5#$.5! %9:>#765I! 26>%! 7$#7! 657! ;$.57#7>9! &9.9%-3686.7! 6.! X-#336! 67! #3! 657! :$.;! 39&6%!

    ]3%21*"#"(#6^I!

    !

    [email protected]+8+E+8/[email protected]"&'D+.%&E2+.H"&$#"')$)-..%((%&6!2)-'%#-9&:;;J9&5A&KL=+

    !

    !

    [email protected]+7+E+>2+.H"&$#"')$)-..%((%&%.&E"+H%&6!2)-'%#-9&:;;J9&5A&KM=+

    !

    *X%W5!36!7%68\3686.7!:6!76%%6!:[email protected]@He!365!;%#7W%65!57%>;7>%635!X-%-5#58#=>65!$.7!979!:9,63$XX95!67!

    -893#$%95I! '35!7#6..6.7!7$>[$>%5!6.!;$8X76! 3U>7#3#5-7#$.!:6!8-79%#->a! 3$;->ae!>.6!;$.57%>;7#$.!_-;#36!

    ]X$>%!&-%-.7#%!3U->7$!;$.57%>;7#$.^!67!>.!;$k7!%9:>#7!;$886!$\[6;7#_!X%9X$.:9%-.7I!

    165!76;65!-:$X7965!5$.7!X-%!6a68X36!3-!:#5X$5#7#$.!:>!7$#7!=>#!.U657!X-5!X3-;9!:#%6;7686.7!5>%!

    365!8>%5!8-#5!5>%!:65!-XX>#5!#.:9X6.:-.75I!16!;6776!_-r$.e!5$.!X$#:5!.6!,-!X-5!Y!-__6;76%!365!X-%$#5I!

    *>!.#,6->!:6!_$.:-7#$.5e!:65!X#6%%65!5$.7!>7#3#5965!X$>%!=>U63365!5$#6.7!X3>5!57-\365!67!X>#556.7!-#.5#!

    &-%-.7#%! >.6! \-56! 5$3#:6! Y! 3-! 57%>;7>%6I! 165! %6._$%;686.75! 5$.7! 5$>,6.7! #.7%$:>#75! :-.5! 365!8>%5!

    ]3%21*"#7^I!

    !

  • 26-%.#.&!D%$8!)6%.-;>3-%! ! 0+*[email protected]!!

    ! o!

    !

    [email protected]+2+.H"%.*-#/@%&"?%/&E"4E-+&6!2)-'%#-9&:;;J9&5A&:L=&

    !

    !

    [email protected]+;+E+>2+.H"&%.&5),@&,$"E)(),@&6!2)-'%#-9&:;;J9&5A&:N=&

    !

    !

    [email protected]+>+E+8-+$C.%4%.$&).'@5%.'".$&5-+#&("&$-)$+#%&6!2)-'%#-9&:;;J9&5A&.6!C!\.&-!E! 657! :[email protected]@@@! %$>X#65! #.:#6..65e! 3U9=>#,-36.7! :U6.,#%[email protected]!6>%$I!

    *X%W5! 36! 59#586! :65! $%&-.#5-7#$.5! .$.! &$>,6%.686.7-365! $.7! -#:9! 3-! X$X>3-7#$.! 3$;-36!O!

    _#.-.;#W%686.7!:U>.!;f79!67!X$>%!3-!_$%8-7#$.!=>#!X6%867!3U->7$!;$.57%>;7#$.!:6!3U->7%6I!

    J-3&%9!36!;$k7!%9:>#7!:65!;$.57%>;7#$.5e!;6!=>#!5$>,6.7!67!8-3%6>5686.7!;$.:>#7!Y!:65!:#5;$>%5!

    3#95! Y! X%$\3W865! :6! 74X6! 5$;#-3e! 365! .6! 7%W5! \$..6! X6%;6X7#$.! :6! 36>%!

  • 26-%.#.&!D%$8!)6%.-;>3-%! ! 0+*[email protected]!!

    ! q!

    0.! %95>8-.7e! $.! -! :$.;! $\56%,9! ;6! =>#! -! %95#579! ->! 7%68\3686.7! :6! 76%%6! :-.5! 3-! %9$.I! (.! 3U-!

    -.-3459!67!$.!-!97-\3#!X$>%=>$#!#3!97-#7!6.;$%6!6.!X#6:I!S>#5!$.!-!-XX3#=>9!;65!76;65I!F6X6.:-.7!

    ;63365b;#!.U$.7!X-5!979!:65!.$>,63365!:9;$>,6%765!8-#5!X3>7f7!>.6!%6:9;$>,6%76!:65!;$..-#55-.;65!:>!

    5-,$#%! _-#%6! 7%-:#7#$..63I! /6>3686.7! 6.5>#76! $.! -! ;7#$.5!6.;$%6!X3>5!6__#;-;65I!

    !

    ?.!->7%6!6a68X36!#.79%655-.7!657!;63>#!:65!C!P-tt-!P$>565!E!;%!

    _$%86!%$.:6e!=>U$.!-!,>!i7%6!3-!_$%86!#:9-36!X$>%!>.6!;$.57%>;7#$.!X-%-5#58#=>6I!0.!X-%7#;>3#6%!#3!4!-!

    >.!;-5!:$;>86.79!=>#!#.:#=>6!>.!\$.!;$8X$%7686.7!:6!;6!74X6!:6!;$.57%>;7#$.!_-;6!->a!59#5865!O!36!

    C!P>-.&[#!F-5736!EI!?.!7%68\3686.7!:6!76%%6!-!_#55>%9!365!8>%5!:6!;6!\`7#86.7e!=>#!8-3&%9!7$>7!-!

    %95#579!->a!56;$>5565I!J-#.76.-.7!#3!657!-XX639!C!0-%7-t6!R65#57-.7!F-5736!E!]3%21*"#48^I!

    !

    [email protected]+!5+E+O+".HP)&!",$(%&%.&!2).%&6Q+&R&O%9&:;;S=+

    !

    0.!$>7%6!$.!$\56%,6!=>6!:-.5!365!8>%5!:65!C!P-tt-!E!#3!4!-!:65!%6._$%;686.75!a!6.!

    \-8\$>!]3%21*"#44^I!!

    !

    !!! !

    [email protected]+!!+E+T%.*-#$,&2-#)0-.$"+U&'".,&(%,&4+#,&6I,$#-V,W)9&:;;X=+

    F6X6.:-.7e!$.!.6!X6>7!X-5!;$.;3>%6!=>6!7$>5!;65!93986.75!$.7!979!#.7%$:>#75!:-.5!3-!57%>;7>%6!-,6;!

    >.!\>7!X-%-5#58#=>6I!

  • 26-%.#.&!D%$8!)6%.-;>3-%! ! 0+*[email protected]!!

    ! [email protected]!

    R68-%=>6!O!$.!-!X-%39!X3>5#6>%5!_$#5!:6!_$%86!%$.:6!8-#5!6336!.U657!X-5!>.6!6a#&6.;6!O!3-!_$%86!657!

    X3>5!:#__#;#36!Y!-776#.:%6!67!$.!X6%:!\6->;$>X!:U65X-;6I!?.6!8-#5$.!:6!_$%86!;-%%96!657!->55#!>.!7%W5!

    \$.!;#76e!3U#8X$%7-.7!;U657!:U9,#76%!:65!_$%865!;$8X36a65!=>#!

    _-,$%#56.7!3-!;$.;6.7%-7#$.!:65!;$.7%-#.765!:-.5!:65!6.:%$#75!X%9;#5I!!

    !

    !

    !

    [email protected] *=:;B7BK=8$

    [email protected]#$$N8:D?=OA8$:=:;=GC8$*,-.7! :U-\$%:6%! 3-! 76! :6! 3-! ;$.57%>;7#$.! X-%-5#58#=>6! -XX3#=>96! ->a! ;$.57%>;7#$.5!

    ,6%.-;>3-#%65!67!6.!X-%7#;>3#6%!;63365!6.!76%%6!;%>6e!$.!;$886.;6!X-%! #.7%$:>#%6! 36!X5! -! 568\39! _$.:-86.7-3! :U-\$%:6%! 365! $%#.65! 67! 365! 6__675!

    X%#.;#X->a!:65!59#5865!X$>%!X$>,$#%!8#6>a!;$8X%6.:%6!3U-.-3456!:65!5457W865!;$.57%>;7#_5I!

    2-!5#58$3$!657! 3-!5;#6.;6!=>#!-.-3456!365!;->565!:65!7%68\3686.75!:6!76%%6!67!3-!X%$X-&-7#$.!:65!

    $.:65!:-.5!36!5$3I!

    1-.5!36!;$>%5!:6!5$.!\#!:65!;-7-57%$X%65!6.!%-#5$.!:65!

    59#5865I!F6X6.:-.7e!:9_#.#%!;65!X6!:6!X%9X-%-7#$.!_-;6!->!59#586!:-.5!

    3-=>6336! 56! 7%$>,6.7! 365! $>,%-&65! ;$.57%>#75! X-%! 3U76! >.6! 59%#6! :U$8#55#$.5! :6!

    3U:6! )#;7#[email protected]@[email protected]! F! [email protected]! [email protected]@[email protected]@@c! '%-.! AIL! [email protected]@[email protected]@c! S-t#57-.! VIA! [email protected]@[email protected]@@[email protected]@Q! '%-.!]K-8^! AIc! [email protected]@@[email protected]@[email protected]@G! *_&%=>#6! VIA! [email protected][email protected]@@!

    %FGHDFB+ !+ E+Q+%(3+%,& %U%45(%,& '[email protected][email protected]%4%.$,& ,),4)3+%,& #@/%.$,& ()@,& 1& '%,& Y"Z,& -[& ("& /-.,$#+/$)-.& %.& \%##%& %,$& $#C,&')**+,@%+

    26!59#586!657!>.!X%63!=>#!_-#7!X-%7#6!:>!;$8X36a6!_$.;7#$..686.7!:6!.$7%6!X3-.W76I!

    /65!6__675!5$.7!3-!:98$.57%-7#$.!9,#:6.76!:6!3-!:4.-8#=>6e!7$>[$>%5!-;7#,6e!:6!3-!M6%%6I!!

    2U$%#.6!:>! 76%86!C!59#586!E!:9%#,6!:>!&%6;!C!56#58u5!E!67!r-! 5#&.#_#6! 56;$>556I! 26!8$7! %95>376!:>!

    _-#7!=>U>.! 7%68\3686.7!:6! 76%%6!657!:9_#.#! ;$886!>.6!5>;;655#$.!:6!8$>,686.75! %-X#:65!:-.5! 36!

    76%%-#.I! F65! #8X>35#$.5! 5$.7! ;->5965! X-%! :65! _%-;7>%65! =>#! 56! ,9%#_#6.7! 5>#76! Y! 3U-;;>8>3-7#$.! :6!

    ;$.7%-#.765!936,965!:-.5!36!768X5!]X3>5#6>%5!8#33#6%5!:U-..965^I!F65!;-55>%65!$.7!X%#.;#X-3686.7!3#6>!

    :-.5!3-!3#7

  • 26-%.#.&!D%$8!)6%.-;>3-%! ! 0+*[email protected]!!

    ! HH!

    S$>%!-336%!X3>5!6.!:97-#3e!.$>5!X$>,$.5!-__#%86%!=>6!36!8-79%#63!=>#!;$8X$56!3-!X-%7#6!5>X9%#6>%6!:>!

    &3$\6!657!>.!5$3#:6!93-57#=>6I!'3!6a#576!:$.;!>.!8$:>36!:U93-57#;#79!=>U$.!X6>7!7%$>,6%!6.!-.-345-.7!3-!

    %63-7#$.!3#.9-#%6!;$.7%-#.76b:9_$%8-7#$.!=>#!;-%-;79%#56!;6!8-79%#->!]3%21*"#49^I!26!5$3!=>#!56!:9X3-;6!Y!\-556!,#76556e! #3!6.7%-n.6!>.6!:9_$%8-7#$.!93-57#=>6!:65! %$;6!;6776!;$.7%-#.76!:6,#6.7!

    7%$X!#8X$%7-.76e!;U657bYb:#%6!3$%5=>6!$.!-776#.7!3-!%95#57-.;6!->!;#5-#33686.7!:>!8-79%#->e!3-!%>X7>%6!

    :6!3-!%$;#7!\%>7-3686.7!O!3U9.6%!56!%63`;5!-55#57$.5!->!59#586!]3%21*"#4:^I!

    !

    [email protected]+!,+E+8/[email protected]",&'D+.&%,,")&'%@,),$"./%&1&("&/-45#%,,)-.&+.)"U)"(%&%$&,/[email protected]",&'%,&')**@#%.$%,&/"[email protected]#)%,&'%&,-()'%&[email protected]#)3+%,&6Y"##)"+U9&:;;X9&5A&L.!59#586e!36!;4;36!%6;$886.;6I!S-%!;$.59=>6.;6e!.$>5!%68-%=>$.5!=>6!X3>5!36!768X5!6.7%6!

    :6>a! 7%68\3686.75! :6! 76%%6! 657! 3$.&e! X3>5! #3! _->7! 5U-776.:%6! Y! >.! 59#586! ,#$36.7e! ;-%! 3-! =>-.7#79!

    :U9.6%!-;;>8>396!-,-.7!>.6!.$>,6336!%>X7>%6!56%-!5>X9%#6>%6I!

    S$>%!:95#&.6%!3-!5$>%;6!:>!59#586!.$>5!>7#3#5$.5!36!76%86!76;6!:6!_$46%!$>!765!365!:#%6;7#$.5I!/#!36!8#3#6>!:>!76%%-#.!657!5! X$>,$.5! %6X%956.76%! 365! 5>%_-;65! :U$.:6! 5$>5! _$%86! :6! 5X65I! 26!

    ;6.7%6!;$88>.!X3-;9!Y!3-!,6%7#;-36!67!X%$[679!->!.#,6->!:6!3-!5>%_-;6!5U-XX6336!9X#;6.7%6!]3%21*"#4;^I!

  • 26-%.#.&!D%$8!)6%.-;>3-%! ! 0+*[email protected]!!

    ! HG!

    /$>,6.7! 365! 59#5865! 5$.7! 5>#,#5! X-%! :65! 56;$>5565! 56;$.:-#%65! :U#.76.5#79! 8#.6>%6! -XX63965!

    %9X3#=>65I! '3! _->7! -77%#\>6%! ;65! 9\%-.3686.75! Y! 3-! %6;$8\#.-#5$.! :>! 8-79%#63! :6! 3U9;$%;6! :-.5! 36!

    .$>,63!97-7!:6!;$.7%-#.76I!

    !

    [email protected]+!2+E+Y-,)$)-.&'+&*-Z%#&%$&'%&([email protected])/%.$#%&'D+.&,@),4%&'".,&+.&4)()%+&2-4-HC.%&%$&),-$#-5%&6Y"##)"+U9&:;;X9&5A&SL=+

    R68-%=>6!O!36!X%#.;#X6!:6!X%$X-&-7#$.!:65!$.:65!Y!3U#.79%#6>%!:>!&3$\6e!-#.5#!=>6!365!3$#5!:6!%9_36a#$.!

    67!:6!%9_%-;7#$.!5$.7!7%W5!;$8X36a65I!1-.5!36!;-:%6!:6!.$7%6!%6;6!.$>5!.$>5!#.79%655$.5!:U-,-.7-&6!->a!;$.59=>6.;65!6.!5>%_-;6I!

    !

    [email protected]!$$+PO8:$9QBA98:$:=:;=GC8:$'3! 6a#576! :6>a! _-r$.5! :6! ;%96%! >.6! :9_$%8-7#$.! #.#7#-36! :-.5! >.! 5$3#:6!O! X-%! ;$8X%655#$.! $>! X-%!

    ;#5-#33686.7I!?.6!X-%7#6!:65!$.:65!7%-,6%56!36!,$3>86!:>!;$%X5e!7-.:#5!=>6!3U->7%6!%6576!Y!3-!5>%_-;6I!

    265!$.:65!:6!,$3>86!X6>,6.7!i7%6!&9.9%965!X-%!;!X-%!;6!$.! _%-XX6! 36!5$3#:6!X-%!;$8X%655#$.e!$.!$\56%,6!>.6!:9_$%8-7#$.!=>#!

    -__6;76!36!,$3>86!67!=>#!;$%%65X$.:!Y!>.6!$.:6!3$.>:#.-36I!265!:#__9%6.75!X$#.75!:>!5$3#:6!,#\%6.7!

    -,6;!>.!8$>,686.7!5#.>5$v:-3!=>#!5>#,6!3-!:#%6;7#$.!:6!X%$X-&-7#$.!:6!3U$.:6I!2-!%9$.!5$33#;#796!657!

    ;$8X$596!:U>.6!59%#6!:6!g$.65!;$8X%#8965!]365!.m>:5^!67!6.!7%-;7#$.!],6.7%65^I!07-.7!:$..9!=>6!;6!

    74X6! :U$.:65! 657! 36! X3>5! %-X#:6e! $.! 365! -XX6336! $.:65! X%#8-#%65! ]$.:65! S^I! F6! 5$.7! 6.! 6__67! 365!

    X%68#W%65!$.:65!=>U$.!X6%r>6!3$%5!:U>.!59#586I!

    /#!X-%! ;$.7%6!$.!-XX3#=>6!>.!;%! 3-! 5>%_-;6! 5>X9%#6>%6!:>! 5$3#:6e! 3-!:#%6;7#$.!:U$5;#33-7#$.!:65!

    X$#.765! 657! X6%X6.:#;>3-#%6! Y! 3-! :#%6;7#$.! :6! X%$X-&-7#$.! :6! 3U$.:6I! (.! X-%36! :$.;! :U$.:65!

    7%-.5,6%5-365I!1-.5!;6!;-5e!:65!6__$%75!:6!;#5-#33686.75!56!X%$:>#56.7!6.7%6!:65!,$3>865!93986.7-#%65!

    =>#!;$8X$56.7!36!5$3#:6I!F65!$.:65!5$.7!-\5$%\965!X-%!365!3#=>#:65!67!56!:9X3-;6.7!8$#.5!,#76!=>6!365!

    $.:65!SI!03365!5$.7!-XX63965!$.:65!56;$.:-#%65!]$.:65!/^I!

    F$886!-.7#;#X9!;#b:655>5e!>.!;7!->55#!6.7%-n.6%!:65!:9_$%8-7#$.5!=>#!#.79%6556.7!56>3686.7!

    3-!5>%_-;6!:>!5$3#:6I!(.!:#57#.&>6!X-%!6a68X36!365!$.:65!:6!R-436#!&9.W%6.7!>.6!5$%76!:6!36!

    5$>5!3-!5>%_-;6!:>!5$3#:6e!67!365!$.:65!:6!2$,6!]$.:65!2^I!265!$.:65!:6!2$,6!5$.7!>.!74X6!X-%7#;>3#6%!

    :U$.:6! :6! ;#5-#33686.7! 7%-.5,6%5-3I! 0.! 6__67e! ->! ;$.7%-#%6! :65! $.:65! /e! 36! ;#5-#33686.7! 56! X%$:>#7!

    3686.7!X%W5!:6!3-!5>%_-;6!67!=>6!36>%!,#76556!657!

    6.;$%6!#._9%#6>%6!X-%!%-XX$%7!->a!->7%65e!365!$.:65!:6!5>%_-;6!5$.7!7%W5!:657%>;7#,65!67![$>6.7!>.!%f36!

    ;6.7%-3!:-.5!3-!:9,-57-7#$.!:U$>,%-&65!X6.:-.7!365!7%68\3686.75!:6!76%%6I!

  • 26-%.#.&!D%$8!)6%.-;>3-%! ! 0+*[email protected]!!

    ! HQ!

    !

    [email protected]+!8+E+7)**@#%.$,&$Z5%,&'D-.'%,&'".,&+.&,-()'%&"?%/&/-45-#$%4%.$&@(",$)3+%&6>-($9&KXMJ=+

    !

    [email protected]$$'5C:8:$98:$:E=:;8:$0.!&9.9%-3!$.!X6>7!:#,#56%! 365!59#5865!6.!:6>a!;-79&$%#65I!(.!:#57#.&>6!6.7%6! 365!7%68\3686.75!:6!

    76%%6!=>#!7$>;aI!265!X%68#6%5!5$.7!5$>,6.7!

    :U$%#.6! 76;7$.#=>6! $>! ,$3;-.#=>6I! S-%! ;$.7%6! 365! :6>a#W865! =>#! 5$.7! 8$#.5! ,#$36.75! 5$.7!

    X%#.;#X-3686.7! :>5! ->a! -;7#,#795! 8-#.65I! 1-.5! 36! ;-:%6! :6! ;6! 7%-,-#3! $.! 5U#.79%6556%-!

    X%#.;#X-3686.7!->!X%68#6%!74X6!:6!59#586e!=>#!657!5$>,6.7!3-!;->56!:65!&%-.:5!:9&`75!

    [email protected][email protected]+F6!74X6!:6!59#586!657!X%$,$=>9!X-%!36!;#5-#33686.7!6.7%6!365!_-#3365!-;7#,65I!2U9X#;6.7%6!56!5#7>6!Y!3-!

    ,6%7#;-36!:65!X3-.5!:6!5>\:>;7#$.I!

    [email protected][email protected]+265! 9\%-.3686.75! 5$.7! X%$,$=>95! X-%! 3-! 8$.796! :>! 8-&8-! ,6%5! 3-! 5>%_-;6I! F63-! 56! _-#7! X-%! :65!

    %>X7>%65!:-.5!3-!;%$>76e!:65!6aX3$5#$.5!$>!6.;$%6!X-%!:65!6__$.:%686.75!:6!;65I!

    [email protected][email protected]@[email protected]+F6! 74X6! :6! 59#586! 657! 6.&6.:%9! X-%! 365! -;7#$.5! 8-#.65!w! #3! X6>7! 5U-%! :U6aX3$5#$.5! .>;39-#%65!

    5$>76%%-#.65e!365!;5b5$3!X-%!3-!;$.57%>;7#$.!:6!

    \-%%-&65!$>!X-%!:65!$>,%-&65!5$>76%%-#.65!X$>%!36!:%-#.-&6I!

    [email protected]+?.!:6%.#6%!74X6!:6!59#586!.-7>%63!657!X%$,$=>9!X-%!3U6__$.:%686.7!:65!;-,#795!.-7>%63365!5>#76!Y!3-!

    :#55$3>7#$.! :6! 3-! %$;#! 365! ;$8X$56I! (.! -55#576! Y! ;65! 9,9.686.75! 6.! &9.9%-3! :-.5! 365! X-45!

    t-%57#=>65! $j! 36! ;-3;-#%6! 67! 36! &4X56! 5$.7! :#55$>5! X-%! 365! 6->a! -;#:65I! +$%8-3686.7! 365! 6__675!

    X%$,$=>95!5$.7!7%W5!%657%6#.75I!

  • 26-%.#.&!D%$8!)6%.-;>3-%! ! 0+*[email protected]!!

    ! HL!

    S$>%!_#.#%!#3!_->7!;#76%!3U6__$.:%686.7!:65!-.;#6..65!8#.#W%65e!=>#!5$.7!5$>76.>65!>.#=>686.7!X-%!:65!

    X#365! 5$>X365! 6.! \$#5I! /63$.! 3U6a76.5#$.! :6! 3-! g$.6!8#.#W%6! 365! 6__675! X6>,6.7! i7%6! X3>5! $>!8$#.5!

    #8X$%7-.75I! F63-!X6>7! -%%#,6%! [>5=>U->!X$#.7!:6!8$:#_#6%! 3-! 7$X$&%-X! 3#6>!67! ;%96%!:65! 3-;5!Y!

    ;->56!:65!X6%7>%\-7#$.5!:6!3-!:#%6;7#$.!:U9;$>3686.7!:6!3U6->I!

    [email protected]$$%8$?=:GC8$:=:;=GC8$26! %#5=>6! 5#58#=>6! 657! >.! ;$.;6X7! =>#! :$#7! i7%6! 57%#;7686.7! 3#9! ->a! :9&`75! =>U>.! 9,9.686.7!

    59#58#=>6!X6>7!X%$,$=>6%I!2U#.76.5#79!657!865>%96!563$.!:#__9%6.765!9;\#7! >.! X%$;9:9! :6!8$:6%.#5-7#$.! :-.5! 365! -..965!

    5>#,-.765I! 0336! -! 3U-,-.7-&6! :Ui7%6! 7%W5! X-%3-.76! X$>%! ;6! =>#! ;$.;6%.6! 365! 6__675! :U>.! 59#586! 5>%!

    3U6.,#%$..686.7!;$.57%>#7I!/65!3#8#765!X%#.;#X-365!5$.7!3#965!Y!565!;-%-;79%#57#=>65!=>-3#7-7#,65!]67!.$.!

    =>-.7#7-7#,65^e!3U#8X$55#\#3#79!:6!5$.!-XX3#;-7#$.!:-.5!:65!g$.65!.$.!\`7#65!67!36!_-#7!=>U6336!.6!X%6.:!

    X-5!6.!;$8X76!3-!:#__9%6.;6!:6!=>-3#79!6.7%6!365!$>,%-&65I!

    2U9;#55-.;6!

    :65! 59#5865! X-%! 3-!865>%6! =>-.7#7-7#,6! :6! 36>%! 9.6%! 98#56I! +$>5! .U-.-345$.5! X-5! 6.! :97-#3! 365!

    _$%8>365!=>#!X6%86776.7!:6!:976%8#.6%! 3-!8-&.#7>:6!X-%!;6776!9;a!5#&.->a!

    X%9;>%56>%5!8-#5!3U6aX9%#6.;6!-!8$.7%9!=>6!3-!;$8\#.-#5$.!:6!;65!:6%.#6%5!.U657!X-5!7$>[$>%5!_#-\36I!

    F6>ab;#!X6>,6.7!i7%6!O!

    2U-;;6.7>-7#$.!:6!3U-;7#,#79!,$3;-.#=>6!$>!59#58#=>6! 165!,-%#-7#$.5!:-.5!36!.#,6->!:U6->!:-.5!365!X>#75! J$:#_#;-7#$.5!:-.5!3-!7$X$&%-X%-7#$.!:>!%-:$.!$>!:>!X$76.7#63!936;7%#=>6! 2U$\56%,-7#$.!:65!-.#8->a!

    16! X3>5! 365! _-;76>%5! 8-#.5! [$>6.7! >.! %f36! 7%W5! #8X$%7-.7! =>#! 657! 3#96! Y! 3U#.76%X%97-7#$.! :6! ;65!

    5#&.->a!67!Y!3-!%-X#:#79!:U#.76%,6.7#$.I!

  • 26-%.#.&!D%$8!)6%.-;>3-%! ! 0+*[email protected]!!

    ! Hc!

    )>! 3U#8X$55#\#3#79!:6! %9:>#%6! 36! %#5=>6! 5#58#=>6! #3! 657!8#6>a!:6! 5>#,%6!>.! ;6%7-#.!.$8\%6!:6! %W&365!

    :-.5! 3-! ;$.57%>;7#$.I!F63-!:$#7! 56! _-#%6! #.:9X6.:-886.7!:>!8-79%#->!:6! ;$.57%>;7#$.e!8-#5! #3! _->7!

    i7%6! 6.;$%6! X3>5! -776.7#_5! -,6;! :65!8-79%#->a! X-5! -:-X795! X$>%! %95#576%! Y! ;6! 74X6! :6! 5$33#;#7-7#$.!

    ;$886!;U657!36!;-5!X$>%!3-!76%%6!;%>6I!

    26!;!5#76!657!_$.:-86.7-3!67!#3!657!36!_-;76>%!=>#!#._3>6.;6!:6!8-.#W%6!5#&.#_#;-7#,6!3-!%9X$.56!

    3$;-36! :U>.! 7%68\3686.7! :6! 76%%6I! S$>%! >.!8i86! 59#586!:6>a! 76%%-#.5! :#__9%6.75! X6>,6.7! :$..6%!

    :65! %9X$.565!,#\%-7$#%65! 7%W5!:#__9%6.765I! 26!8#3#6>! #.76%-! _$%7686.7!-,6;! 36! 5#&.-3!,#\%-7$#%6!=>#!

    X6>7!i7%6!8$:#_#9!X$>%!;6!=>#!;$.;6%.6!3-!:>%96e!3U-8X3#_#;-7#$.!67!3-!%9X-%7#7#$.!_%9=>6.7#6336I!

    ?.!5#&.-3!5#58#=>6!6.!6__67!5>\#7!:65!7%-.5_$%8-7#$.5!67!3-!%9X$.56!,#\%-7$#%6!:U>.!$>,%-&6!:9X6.:!

    :6!7%$#5!_-;76>%5I!!

    26!5#&.-3!7%-.58#5!X-%!36!5>\57%-7>8!%$;a!6.!X%$_$.:6>%e!;U657bYb:#%6!36!5#&.-3!$%#.63!->!_$46%I!

    2-!7%-.5_$%8-7#$.!=>#!56!X%$:>#7! 3$%5!:6!3-!7%-,6%596!:6!76%%-#.5!-,6;!:#__9%6.765!X%$X%#9795!]6__67!:6!5#76^I!

    2U#.76%-;7#$.! 5$3b$>,%-&6e! -,6;! 3-! 7%-.58#55#$.!:65! 5$33#;#7-7#$.5! =>#! X-556.7! :>! 76%%-#.! Y! 3-!;$.57%>;7#$.!67!=>#!X%$:>#56.7!:6!.$>,63365!%95$.-.;65I!

    265!$\56%,-7#$.5!$.7!8$.7%9!=>6!365!6__675!:6!5#76!X6>,6.7!-,$#%!:65!;$.59=>6.;65!#8X$%7-.765I!*>a!

    5$88675! :65! %63#6_5! 365! -8X3#7>:65! 5$.7! .$%8-3686.7! -8X3#_#965! X-%! %-XX$%7! ->! 8i86! 74X6! :6!

    76%%-#.!5#7>9!6.!X3-#.6I!

    265! X3-#.65! -33>,#-365e! ;$.57#7>965! X-%! 36! %68X3#55-&6! :U>.6! ,-3396! X-%! :65! 76%%-#.5! :97%#7#=>65!

    86>\365!5$.7!.677686.7!36!5#76!36!X3>5!:9_-,$%-\36I!2-!76.6>%!6.!6->!8$:#_#6!3-!%9X$.56!:>!5#76!67!657!

    &9.9%-3686.7!:9_-,$%-\36I!

    265!_%9=>6.;65!X3>5!:9_-,$%-\365!X$>%!365!$>,%-&65!:6!&9.#6!;#,#3!5$.7!;$8X%#565!6.7%[email protected][email protected]!PgI!

    265!X3>5!_-#\365!$.7!>.!#8X-;7!#8X$%7-.7!5>%!365!$>,%-&65!93-.;95!;$886!365!X$.75!67!365!7$>%5I!265!

    ->7%65! X%$,$=>6.7! :65! :657%>;7#$.5! #8X$%7-.765! :-.5! 365! \`7#86.75! :6! X67#76! 7-#336! 67! :-.5! 365!

    $>,%-&65! X3>5! %#:65I! 1-.5! 36! ;-:%6! :6! .$7%6! 7%-,-#3e! $.! 56! ;$.;6.7%6%-! X%#.;#X-3686.7! 5>%! ;65!

    :6%.#W%65! ;-%! 365! ;$.57%>;7#$.5! 6.! 76%%6! 5$.7! 5$>,6.7! 3#965! Y! :65! X67#75! \`7#86.75I! 2U6aX9%#6.;6! -!

    8$.7%9!=>6!365!\`7#86.75!\-5e!:6!H!$>!G!97-&65!5$.7!8$#.5!7$>;%65!6.!76%%6!;%>6I!

    1U->7%65!6__675!:6!5#76!;93W\%65!=>U$.!;#76%-!5-.5!7%-#76%!:-.5!365!:97-#35!5$.7!3-!6%!X3>5!:6!:9&`75!=>6!36!59#586!3>#!8i86I!

    *,-.7! :U-.-3456%! :65! 5$3>7#$.5! ;$.57%>;7#,65! X$>%! -893#$%6%! 36! ;$8X$%7686.7! :U>.6! 57%>;7>%6!

    5$>8#56!->a!-;;939%-7#$.5!!_-,$%-\36!X$>%!3-!;$.57%>;7#$.I!

    !

  • 26-%.#.&!D%$8!)6%.-;>3-%! ! 0+*[email protected]!!

    ! HA!

    !

    [email protected] 2;O75D8;8A

  • 26-%.#.&!D%$8!)6%.-;>3-%! ! 0+*[email protected]!!

    ! HV!

    !

    !

    [email protected]+!+E+B45("/%4%.$&'".H%#%+U&,-+,&+.%&*"("),%&6!"#"0",9&,A'A=+

    !

    ?.!6a68X36!=>#!;$.;6%.6!;6!:6%.#6%!;-5!:U68X3-;686.7!:-.&6%6>a!657! 36!59#586!:>!c!8-#[email protected]!6.!

    S9%$>I! />#76! ->! 59#586!:6!8-&.#7>:6!VIoe!>.6!-,-3-.;.6!76>%!

    6.7%[email protected]@[email protected]@!8!:U-37#7>:6!67!6336!-!68X$%79!3-!,#336!:6!T>.&[email protected]@@!8W7%65!X3>5!-,-3I!2U9.$%86!

    8-556! :6!8-79%#63! ]%$;.6! ,#76556! 5>X9%#6>%6! Y! [email protected]@!

    t8x59! 3-! 8$%7! :6! =>-5#86.7! [email protected]@@@! X6%5$..65! ]3%21*"# 98^I! D-;6! Y! 3-! ,#$36.;6! :>!X! #8X$%7-.7! %68-%=>6%!=>6! 3-!8-[$%#79!:65! ;$.57%>;7#$.5! 979! 6.! -:$\6!

    X3>7f7!=>U6.!\97$.I!

  • 26-%.#.&!D%$8!)6%.-;>3-%! ! 0+*[email protected]!!

    ! Ho!

    !

    !

    [email protected]+,5+E+^D"?"("./2%&3+)&,D%,$&"E"$$+%&,+#&+.%&H#".'%&5"#$)%&'%&("&?)((%+

    !

    /#!>.6!X6.76!657!:$..96! #3! _->:%-#7!:$.;!;%96%!>.6!X3-76_$%86!%!=>6! 3-!8-#5$.!5$#7!

    57-\36I!0.!$>7%6e!5>%!;6776!X3-76_$%86e!#3!_->7!X3-;6%!3-!8-#5$.!Y!>.6!:#57-.;6!5>__#5-.76!X-%!%-XX$%7!

    ->a!:9;3#,#795I!

    S$>%! >.6! ;$.57%>;7#$.! 7%W5! 8-55#,6e! >.! 5$3! 8$#.5! %#:6! ]X-%! 6a68X36! >.! 5$3! 5-\3$..6>a^! 657!

    %6;$88-.:9e! 7-.:#5!=>6!X$>%!:65!8-#5$.5! 39&W%65!67!X3>5! _36a#\365!>.6! 5$3! %$;a!657! #:9-36I! F6!

    :#5;$>%5!:9%#,6!:>!_-#7!=>6!>.6!8-#5$.!7%W5!%#:6!-77#%6!X3>5!:U6__$%75!5-.5!X$>,$#%!56!:9_$%86%e!:$.;!

    5#!36!5$3!657!_36a#\36!#3!56!:9_$%86%-!5-.5!5$33#;#76%!6a;655#,686.7!3-!;$.57%>;7#$.I!

    !

    !

    !

    [email protected] *B77=D=65I!/-!_$%86!67! 365!

    8-79%#->a! =>#! 3-! ;$8X$56.7! 5$.7! X-%! 6a68X36! :976%8#.-.75I! 2$%5! :U>.! 7%68\3686.7! :6! 76%%6e! 365!

    \`7#86.75! 5$.7! 5$>,6.7! -__6;795! X-%! 365! _$%;65! 5!:>!:$>\36!X-%!%-XX$%7!->a!_$%;65!:-.5!36!56.5!,6%7#;-3I!26!:-.&6%!X%#.;#X-3!:-.5!36!

    ;-5!:65!8$>,686.75!a! ;U657! =>6! 365!8>%5!:6! 3-! 57%>;7>%6!X6>,6.7! 5$%7#%! :6! 36>%!X3-.!67!

    ;$.:>#%6!-#.5#!Y!3U6__$.:%686.7!:>!7$#7I!

    *_#.! :U97>:#6%! 5$.! ;$8X$%7686.7! 3$%5! :U>.! 59#586e! $.! ;$.5#:W%6! >.! 8>%! 5#8X36! :U76>%! ,e!3$.&>6>%!%#"I!2-!%95#57-.;6!:>!8>%!657!\6->;$>X!X3>5!&%-.:6!:-.5!36!56.5!3$.>:#.-3!;-%!

    3U#.6%7#6! !!"#$ ! !!!!!" !!!"!!!"#$ !

    !!!!!" ! 657! \6->;$>X!X3>5! #8X$%7-.76! :-.5! 36! 56.5! 3$.>:#.-3! =>6!

    7%-.5,6%5-3!Y!;->56!:6!3!yy!6I!16!X3>5!;67!6__67!657!-8X3#_#9!X-%!3-!7%$#5#W86!X>#55-.;6!:>!76%86!:-.5!

  • 26-%.#.&!D%$8!)6%.-;>3-%! ! 0+*[email protected]!!

    ! Hq!

    3U9=>-7#$.I! /#! 36!8$>,686.7! #7! :-.5! 36! 56.5! 7%-.5,6%5-3! ->!8>%e! $.! $\56%,6! 6.!

    6__67!=>6!365!:9&`75!56%$.7!\6->;$>X!5>X9%#6>%5I!0.! #.7%$:>#5-.7!:65!%6._$%;686.75!,6%7#;->a!:-.5!

    ;6!;-5!X3>5!:9_-,$%-\36e!$.!,$#7!=>6!3-!%95#57-.;6!->&86.76!8-#5!=>U6336!%6576!7%W5!#.5>__#5-.76I!?.6!

    -893#$%-7#$.!:6!3-!%9X$.56!657!X$55#\36!6.!#.7%$:>#5-.7!>.!;!\$>7!:>!8>%e!X-%!6a68X36!6.!

    \$#5I! 16>a!8>%5! X-%-33W365! .$.! ;$.7%6,6.795! .6! %95#576%$.7! X-5! Y! >.6! 5$33#;#7-7#$.! 7%-.5,6%5-36I! 2-!

    86#336>%6! 5$3>7#$.!657!:$.;!:6!;$.57%>#%6!>.6!\$n76! ;-7%6!8>%5!$%7a! ]3%21*"#94^I!265!8>%5!X6%X6.:#;>3-#%65!;$.57#7>6.7!-#.5#!>.6!5$%76!:6!;$.7%6,6.7686.7!67! 3-!;#%6! 365! :9&`75! :-.5! 365! 8>%5! =>#! 56! 7%$>,6.7! 6.! X$5#7#$.! :9_-,$%-\36! ];U657bYb:#%6!

    X6%X6.:#;>3-#%65!Y!3-!:#%6;7#$.!:6!3-!5$33#;#7-7#$.^I!

    !

    [email protected]+,!+E+8Z,$C4%&'%&/2"_."H%&"+&E-+$&'%,&4+#,&3+)&,$"E)(),%&("&,%/$)-.&6!"#"0",9&,A'A=&

    !

    !

    [email protected]+,,[email protected]$")(&'D+.&/2"_."H%&%.&E-),&"+&.)?%"+&'%&(D".H(%&6!"#"0",9&,A'A=&

    2-! :9_$%8-7#$.! 596! X-%! >.! 59#586! :6! X>#55-.;6! 8$46..6! 657! -XX%$a#8-\36! :-.5!

    3U$%:%6!:[email protected][email protected]!8I!2U-;;939%-7#[email protected]@[email protected]!&I!S$>%!>.6!-;;939%-7#$.!:[email protected]@!&e!3-!

    _$%;6!9=>#,-36.76!=>#!-!%!36!\`7#86.7!;$%%65X$.:!->[email protected]!:6!3-!;37#86!

    :6!3-!57%>;7>%6!z!]J#[email protected]@H^!

    265! $5;#33-7#$.5! ,6%7#;-365! 5$.7! 36! :6>a#W86! 74X6! :U$5;#33-7#$.! =>#! X%$:>#7! 36! X-55-&6! :65! $.:65!

    5#58#=>65I! 1-.5! 3-! X3>X-%7! :65! ;-5e! 365! _$%;65! ,6%7#;-365! =>6! 365! ,#\%-7#$.5! &9.W%6.7! :-.5! 3-!

    ;$.57%>;7#$.! $.7! :65! ;$.59=>6.;65!8#.#8-365! X$>%! 3-! 57-\#3#79I! 265! 6__675! 8-[6>%5! -__6;76%$.7! 365!

    93986.75! 365! X3>5! 3$>%:5! ;$886! X-%! 6a68X36! 365! 57%>;7>%65! :6! 7$#7>%6e! 365! 93986.75! 5>5X6.:>5!

    ]\-3;$.5^e!365!-%;!:9X3-;686.7!!5$3!;$8\#.9!Y!:65!_$%;65! 3-79%-365I!

    1-.5! ;6! ;-5e! 365! 6__675! :9X6.:6.7! 5>%7$>7! :6! 3-! _$%86! :6! 3-! 57%>;7>%6!O! >.6! _$%86! ;$8X-;76! 67!

    %9&>3#W%6!-55>%6!>.6! %95#57-.;6! 5>X9%#6>%6e! 7-.:#5!=>U>.6! ;$.57%>;7#$.!:6! _$%86! #%%9&>3#W%6e!$j! 365!

    ;6.7%65!:6!&%-,#79!67!:6!7$%5#$.!.6!;$v.;#:6.7!X-5e!%95>376!\6->;$>X!X3>5!6aX$596!Y!5>\#%!:65!:9&`75I!

    !

  • 26-%.#.&!D%$8!)6%.-;>3-%! ! 0+*[email protected]!!

    ! [email protected]!

    [email protected] 'BAD8O.6! 97-X6! _$.:-86.7-36! :-.5! 3-! ;$.57%>;7#$.! :U>.6! 57%>;7>%6I! 0336! %6=>#6%7! >.6!

    \$..6!,>6!:U6.568\36!67!56!\-56!5>%!>.6!\$..6!6aX9%#6.;6!67!5-,$#%b_-#%6!X3>7f7!=>6!5>%!:65!;-3;>35!

    -.-347#=>65I! 0336! 89%#76! >.6! -776.7#$.! X-%7#;>3#W%6! ;-%! 365! ;! $.7! :65!

    %9X6%;>55#$.5! #8X$%7-.765! X$>%! 3-! 5>#76! :>! :#86.5#$..686.7I! S$>%! ;6! =>#! ;$.;6%.6! 36! &9.#6!

    X-%-5#58#=>6!:65! 3-;>.65!:-.5!;6776!97-X6!X6>,6.7!;$.:>#%6!Y!:65!;$.59=>6.;65!:95-57%6>565!;-%!

    >.6!6%%6>%!657!:#__#;#3686.7!%-77%-X96!X-%!365!;-3;>35I!

    C!C># 0D(%@">(# 0%"># +)>E1# "(# @.#"(#/%@">&%)>>"@">(#/"0D(%@">(&e!S#6%#.$!2657>gg#!67!J-%;!K-:$>ae!XI!qL^!

    2-! %W&36! :6! \-56! :-.5! 3-! ;$.57%>;7#$.! X-%-5#58#=>6! 657! 3-! %9&>3-%#79e! ;-%! 365! :#5;$.7#.>#795! 67! 365!

    _$%865!6a7%-,-&-.765!:>!\`7#86.7!;$.:>#56.7!Y!>.6!-8X3#_#;-7#$.!:65!5$33#;#7-7#$.5I!S-%!;$.7%6!>.6!

    _$%86!;$8X-;76!67!>.!5457W86!X$%76>%!%9&>3#6%!_-;#3#76.7!>.!;.!;$8X$%7686.7!5#58#=>6!_-,$%-\36I!?.6!\$..6!;$.;6X7#$.!X6>7!:9[Y!&-%-.7#%!->!8$#.5!36!

    Vcd!:6!3-!59;>%#79!:U>.6!57%>;7>%6!_-;6!->a!5$33#;#7-7#$.5!5#58#=>65I!

    265!X%$\3W865!5#58#=>65!;3-55#=>65!5$.7!O!

    2U97-&6!5$>X36! 265!;$3$..65!;-X7#,65! 26!8-%7W3686.7! 2-!3#=>9_-;7#$.!

    2-!X%68#W%6! 76!=>U#3! _->7!-\$%:6%! 3$%5!:6! 3-! ;$.;6X7#$.!657! 3-! _$%86!:>!\`7#86.7I! '3! 5U-!

    :U>.!;%!3-!5>#76!:65!7%-,->aI!F$886!.$>5!-,$.5!:#7!

    #3! _->7! X%#,#39%! :65! _$%865! 36! X3>5! %9&>3#W%65! 67! ;$8X-;765! X$55#\365! =>#! -55>%6.7! >.! \$.!

    ;$8X$%7686.7!:6!3-!57%>;7>%6!:-.5!7$>5!365!:#%6;7#$.5I!16!X3>5!3-!76>%!:65!\`7#86.75![$>6!>.!%f36!

    :6! X%#8-#%6! #8X$%7-.;6e! =>63=>6! 5$#7! 36! 8-79%#->! :6! ;$.57%>;7#$.I! S$>%! ;6! =>#! ;$.;6%.6! 3-!

    ;$.57%>;7#$.!6.!76%%6!#3!657!#8X$%7-.7!:6!56!3#8#76%!Y!H!$>!8-a#8>8!G!97-&65e!Y!;->56!:65!_%9=>6.;65!

    =>#!5$.7!&9.9%965!X-%!365!59#5865I!

    265! _$%865! ;$8X36a65! _-,$%#56.7! :65! ,#\%-7#$.5! 67! 7$%5#$.5! 3$;-3#5965! =>#! 5$33#;#76.7! 6a;655#,686.7!;6%7-#.5!6.:%$#75!=>#!X6>,6.7!;$.:>#%6!Y!:65!%>X7>%65!3$;-3#5965!67!X-%! 3-!5>#76!Y! 3U6__$.:%686.7!:>!\`7#86.7!6.7#6%I 265! _$%865! 54897%#=>65! 5$.7! :$.;! 365! X3>5! #.:#=>965e! ;-%! 63365! $.7! 3-! ;-%-;79%#57#=>6! :Ui7%65!

    %9&>3#W%65!67!:6!X3>5!63365!5$.7!&9.9%-3686.7!;$8X-;765!]3%21*"#9:^I!2-!X%956.;6!:6!X3>5#6>%5!-a65!:6!54897%#6!-55>%6!3-!;$v.;#:6.;6!:>!;6.7%6!:6!&%-,#79!67!:6!;#5-#33686.7e!:$.;!9,#76!3-!X%$X-&-7#$.!:65!

    6__$%75! :6! 7$%5#$.I! 265! 6__$%75! 5#58#=>65! X-556.7! X-%! 36! ;6.7%6! :6!8-556! ]J^! :6! 3U$>,%-&6! 67! 5$.7!

    :#57%#\>965! ->a! 93986.75! :6! 3-! 57%>;7>%6! Y! X-%7#%! :>! ;6.7%6! :6! ;#5-#33686.7H! ]/^I! /#! ;65! :6>a! .6!

    ;$v.;#:6.7!X-5!#3!4!-!3U#.7%$:>;7#$.!:U>.!8$86.7!:6!7$%5#$.!:k!Y!3U6a;6.7%#;#79!:6!;6776!_$%;6I!1-.5!;6!

    ;-5! 36! \`7#86.7! 657! 5$>8#5! Y! :65! 6__$%75! :6! 7%-;7#$.! ;$8\#.96! Y! :65! 5$33#;#7-7#$.5! :6! 7$%5#$.! =>#!

    ->&86.76.7!365!:9_$%8-7#$.5I!1-.5!3-!;$.57%>;7#$.!6.!76%%6!;%>6!:65!:9_$%8-7#$.5!6a;655#,65!5$.7!Y!

    9,#76%!;-%!63365!->%$.7!3U6__67!:6!%9:>#%6!3-!;$%65I!

    !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!H!26!;6.7%6!:6!;#5-#33686.7!;$%%65X$.:!->!;6.7%6!:6!&%-,#79!:65!#.6%7#65!

  • 26-%.#.&!D%$8!)6%.-;>3-%! ! 0+*[email protected]!!

    ! GH!

    !

    [email protected]+,3+E+BU%45(%,&'%&*-#4%,&*"?-#"E(%,A&^"&5#@,%./%&'%&5(+,)%+#,&"U%,&'%&,[email protected]$#)%&",,+#%&("@H+("#)[email protected]&%$&("&/-45"/)[email protected]+

    S3>5!>.!X3-.!657!;$8X-;7e!:-,-.7-&6! #3! 56%-!57-\36I!F6;#!5#&.#_#6!=>U>.6!_$%86!;-%%96!657!8#6>a!X-%!

    %-XX$%7!Y!>.6!_$%86!%6;7-.&>3-#%6!67!:6!8i86e!>.6!_$%86!;#%;>3-#%6!56%-!3-!X3>5!_-,$%-\36!6.!-\5$3>I!

    /#!365!.9;655#795!_$.;7#$..63365!68Xi;.6!_$%86!;$8X36a6!6.!X3>5#6>%5!_$%865!;$8X-;765I!26!3#6.!6.7%6!;65!93986.75!56!

    _-#7!&9.9%-3686.7!X-%!:65![$#.75!X-%-5#58#=>65I!F6>ab;#!:$#,6.7!i7%6!-556g!3-%&65!X$>%!9,#76%!=>6!365!

    93986.75!.U6.7%6.7!X-5!6.!;$33#5#$.I!F6!;;7#$.! 6.! C!!#L! 657! X-%! 6a68X36! X6>! 57-\36I! 1-.5! ;6! ;-5! :6! 3-!86#336>%6! 5$3>7#$.! ;U657! :6! 3-!59X-%6%!6.!:6>a!$>!7%$#5!93986.75I!26!8i86!%-#5$..686.7!#.79%6556!:65!_$%865!:6!;$.57%>;7#$.!6.!

    C!M!E!67!6.!C!F!EI!

    2-!%9X-%7#7#$.!:65!6__$%75!:-.5!>.6!57%>;7>%6!,-!56!_-#%6!Y!X%$%-7-!:65!%#:#795I!265!93986.75!365!X3>5!

    %#:65! 8$\#3#56%$.7! X3>5! :U6__$%75! X$>%! -776#.:%6! 365! 8i865! :9_$%8-7#$.5! =>6! 365! 93986.75! X3>5!

    5$>X365I! '3! _->7!:$.;!9,#76%!:65!76>%5!:U97-&65! #%%9&>3#W%65!;-%! 365!5$33#;#7-7#$.5!56!;$.;6.7%6%$.5!

    :-.5! 365!93986.75! 365!X3>5!;$>%75I!F$886!$.!-!:9[Y!:#7!:-.5! 36!;-:%6!:6! 3-!;$.57%>;7#$.!6.!76%%6! #3!

    _->7!9,#76%!:65!76>%5!7%$X!#8X$%7-.765!X$>%!.6!X-5!-776#.:%6!365!_%9=>6.;65!;%#7#=>65!67!:$.;!;6!

    ;%#7W%6!.6!X$56!X-5!7%$X!:6!5$>;#5I!

    2-!=>-3#79!:U>.6!;$.57%>;7#$.!_-;6!->a!59#5865!X6>7!i7%6!%6X%956.796!X-%!3-!_$%8>36!5>#,-.76!O!

    !!N>-3#79!57%>;7>%-36!{!%95#57-.;6!|!:>;7#3#79!!!!!]"%$5!3-!%95#57-.;6!:U>.6!57%>;7>%6!657!_-#\36!67!X3>5!6336!:$#7!:6,%-!i7%6!_36a#\36!-_#.!:6!%95#576%I!

    !

    !

    !

    [email protected] &9B68$2-! 76;6! :6! 3U-:$\6! 657! 7%W5! :#__>596! :-.5! 3-! ;$.57%>;7#$.! 6.! 76%%6! ;%>6I! /$>,6.7e! 3$%5! :U>.!

    7%68\3686.7!:6! 76%%6e! 365! g$.65!\`7#65!6.!-:$\6! 5$.7! 365!X3>5! 7$>;5!&%-.:!.$8\%6!:6!,#;7#865I!0.!F36!-!5>\#!365!:9&`75!365!X3>5!#8X$%7-.75!3$%5!

    :>!59#586!:>!GV! _9,%#6%[email protected]@!]8-&.#7>:6!oIo^I!2Yb\-5e! 365!;$.57%>;7#$.5!6.!-:$\6!5$.7!X-%7$>7I!?.!

    6a68X36! X%9;#6>a! 67! 5#&.#_#;-7#_! :6! 3U-%7! ;$3$.#-3! ;U97-#7! 3U9&3#56! C!'.8-;>3-:-! F$.;6X7#$.!E! :6! 3-!

    F-8X-}#-e! 9%#&96! -,6;! 3-! 76;6! :6! 3U-:$\6! 6.! HVco! X-%! 365! ~95>#765I! F6776! 9&3#56! -! 979!

    ;$8X3W7686.7!:97%>#76!X-%!36!59#586!]3%21*"#9;^I!

  • 26-%.#.&!D%$8!)6%.-;>3-%! ! 0+*[email protected]!!

    ! GG!

    [email protected]+,2+E+BH(),%&`&G.4"/+("'"&!-./%5$)-.&a9&("&!"45"b)"&6!2)(%=9&"?".$&%$&"5#C,&(%&,@),4%&'+&:MA;:A:;K;+

    !

    Ji86!5#!$.!%6,#6.7!->!59#586!:>!HV!8-#[email protected]!6.!S9%$>e!$.!,$#7!=>6!3-!8-[$%#79!:65!g$.65!&%-,686.7!

    7$>;a!=>6!:U->7%65I!F6;#!

    8$.7%6!=>U6.!%65X6;7-.7!:65!;$.:#7#$.5!:6!;$.57%>;7#$.!X-%7#;>3#W%65e!365!57%>;7>%65!6.!\%#=>65!;%>65!

    X6>,6.7!-%%#,6%!Y!56!;$8X$%76%!:6!8-.#W%6!;$.,6.-\36!_-;6!->a!5$33#;#7-7#$.5!8>37#X365!X%$:>#765!X-%!

    >.!59#586I!

    F6776! 76;6! .9;655#76! :$.;! :65! 5$3>7#$.5! 6__#;-;65I! '3! _->7! -.-3456%! =>635! 5$.7! 365! _-;76>%5!

    :976%8#.-.75! =>#! X6>,6.7! -893#$%6%! 3-! %9X$.56! 67! 36! ;$8X$%7686.7!:U>.!\`7#86.7! 6.! -:$\6e! -_#.!

    :U9,#76%!3-!%>#.6!;$8X3W76!:6!3-!57%>;7>%6!5$>8#56!Y!:65!56;$>5565I!

    !

    [email protected]#$$%5$6?=GC8$S%68#W%686.7! ;U657! _$.:-86.7-3! :6! %6&-%:6%! 3U93986.7! \-56! :6! 3-! 76;6!O! 3-! \%#=>6! 6.! 76%%6!

    ;%>6I!26!:#86.5#$..686.7!67!3-!;$8X$5#7#$.!:6!3-!\%#=>6![$>6.7!6.!6__67!>.!%f36!7%W5!#8X$%7-.7I!165!

    655-#5!;$.:>#75!X-%!FR*M6%%6!$.7!8$.7%9!=>U>.6!\%#=>6!:6!_$%86!;-%%96!Y!>.6!%95#57-.;6!89;-.#=>6!

    5>X9%#6>%6! _-;6! ->! 59#586! X-%! %-XX$%7! Y! >.6! \%#=>6! %6;7-.&>3-#%6I! 1-.5! ;6! 56.5e! :65! \$..65!

    :#86.5#$.5!Y!;#!X6%867!:U$\76.#%!>.!-:$\6!:6!7!=>-3#79! %95>376!:U>.!\$.!893-.&6!

    6.7%6!76%%6!-%$>56e!76%%6!5-\36>56e!X-#336!67!6->I!S$>%!;6!=>#!;$.;6%.6!3-!76%%6!-%$>56e!3-!;5!#8X$%7-.76!;U657!:6!,9%#_#6%!=>U6336!.6!;$.7#6..6!X-5!:6!8-7#W%6!$%&-.#=>6I!165!X-%7#;>365!:6!;6!

    74X6!X6>,6.7!6.!6__67!X$%76%!Y!3-!:979%#$%-7#$.!:>!8-79%#->!=>#!;$8X$56!3-!\%#=>6!67!;$.:>#%6!Y!>.6!

    ;76! :6! 3-! %95#57-.;6I! 1-.5! 36! 893-.&6e! $.! >7#3#56%-! >.! ,$3>86! :6! 76%%6! -%$>56e! 7-.:#5! =>6!

    3U9=>#,-36.7!:6!7%$#5!:6!76%%6!5-\36>56I!26!,$3>86!X-#336!;$%%65X$.:!Y!:#a!,$3>865!:6!76%%6I!*,-.7!:6!

    3U#.7%$:>#%6!$.!:$#7!5U-55>%6%!=>U6336!5$#7!\#6.!5W;7!->55#!>7#3#56%!:65!->7%65!

    _#\%65!,9&97-365I!2U6->!Y!893-.&6%!:$#7!i7%6!9&-3!->[email protected]!:>!,$3>86!56;!_#.-3!:6!76%%6!67!9&-3686.7!

    6a68X76!:6!8-7#W%6!$%&-.#=>6I!

    0.! %9;-X#7>3-.7e! 36! \$.! %-XX$%7! :6! 76%%6! X$>%! $\76.#%! >.6! \%#=>6! #:9-36! 657!O! Ha! -%$>56! 67! Qa!

    5-\36>56I! 0.! 5>#76! #3! _->7! -[$>76%! 3-! X-#336!O! [email protected]! ,$3>86! :6! 76%%6! 67! 3U6->!O! @IQa! ,$3>86! :6! 76%%6!

    ]F-%-g-5e!&M/M^I!

  • 26-%.#.&!D%$8!)6%.-;>3-%! ! 0+*[email protected]!!

    ! GQ!

    +$>5!%68-%=>$.5!=>6!;6!.U657!X-5!_-;#36!:U-,$#%!X-%7$>7!Y!:#5X$5#7#$.!;65!:#__9%6.75!74X65!:6!76%%6I!

    1-.5!3-!8-[$%#79!:65!;-5!3-!76%%6!68X3$496!657!:#%6;7686.7!;6336!=>U$.!7%$>,6!5>%!36!5#76I!

    F3-#%686.7! 365!\%#=>65!:$#,6.7!i7%6!_-\%#=>965!:6!8-.#W%6!-,#596!-_#.!:U9,#76%!7$>7!:9_->75!67!X$>%!

    =>U#35!8-#.7#6..6.7!3-!_$%86!#:9-36I!

    265!:9_->75!X3>5!;$>%-.75!=>#!X6>,6.7!5>%,6.#%!3$%5!:>!:98$>3-&6!67!-X%W5!-,6;!36!59;56!:U>.!8->,-#5!%68X3#55-&6!:>!8$>36!w!KI *>&86.7-7#$.!:6!3-!\-56!Y!;->56!:U>.6!=>-.7#79!:U6->!7%$X!936,96!w!FI D#55>%65!:6!%67%-#7!!!X%$79&6%!:>!5$36#3!X6.:-.7!36!59;765!365!#8X6%_6;7#$.5!;$8X$%76.7!>.6!X6%76!:6!%95#57-.;6!89;-.#=>6I!

    !

    [email protected]!$$0=:8$8A$O75D8$*_#.!:6!&-%-.7#%!>.6!7%-.58#55#$.!$X7#8-36!:65!6__$%75e!3U-%%-.&686.7!:65!\%#=>65!657!7%W5!#8X$%7-.7I!

    />%7$>7! :-.5! >.6! :#5X$5#7#$.! 6.! X-..6%6556! $.! .9;655#76! >.6! ;6%7-#.6! %#&>6>%! ]3%21*"# 95^I! F6776!:#5X$5#7#$.! ;3-55#=>6! .9;655#76! 6.! $>7%6! 3U>7#3#5-7#$.! :65! :68#b\%#=>65I! 265! -:$\65! :$#,6.7! i7%6!

    X-%_-#7686.7! -3#&.95I! 1-.5! 36! 56.5! ,6%7#;-3e! >.! ;$.7%f36! %-X#:6! 67! 6__#;-;6! 657! X$55#\36! &%`;6!

    3U>7#3#5-7#$.!:>!_#3!Y!X3$8\I!

    '3!_->7!X%i76%!->55#!\6->;$>X!:U-776.7#$.!Y!3-!:#5X$5#7#$.!:>!8$%7#6%!6.7%6!365!\%#=>65I!0.!6__67e!36!%f36!

    :>!8$%7#6%!657!,#7-3!O!#3!657!>.!93986.7!:6!3#-#5$.!=>#!56%7!Y!&-%-.7#%!>.6!\$..6!%9X-%7#7#$.!:65!6__$%75!

    :-.5! 36!8>%I! /-.5! >.6! %9X-%7#7#$.! >.#_$%86e! :65! 6.:%$#75! 56%$.7! X3>5! 5$33#;#795! =>6! :U->7%65! 67! :6!

    ;$.59=>6.;6!;6%7-#.65!\%#=>65!56!;-556%$.7!X3>5!_-;#3686.7I!2U9X-#556>%!:6!3-!;$>;__#5-.7!]->!8#.#8>8!G!;8^I!26!8$%7#6%!:$#7!-%%#,6%!Y!%68X3#%!7$>5!365!65X-;65!6.7%6!365!\%#=>65!:-.5!

    365!:6>a!56.5!X%#.;#X->a!]3%21*"#96^I!

    !

    !

    [email protected]+,8+E+7),5-,)$)-.&%.&5"..%#%,,%&'%,&E#)3+%,&%.&$%##%&/#+%+

    !

  • 26-%.#.&!D%$8!)6%.-;>3-%! ! 0+*[email protected]!!

    ! GL!

    !

    !

    [email protected]+,7+E+c)'%&3+)&'@#)?%&'D+.%&4"+?"),%&'),5-,)$)-.&'+&4-#$)%#&6!"#"0",9&,A'A=+

    16!8i86e!>.6!=>-.7#79!6a;655#,6!:6!8$%7#6%!657!:9_-,$%-\36I!26!8$%7#6%!657!6.!6__67!36!X$#.7!_-#\36!

    :>! 8>%I! S$>%! 8#6>a! %6.:%6! 3U#:96! $.! X6>7! _-#%6! >.6! 5#8X36! ;$8X-%-#5$.! -,6;! 3-! 8-r$..6%#6I! 0.!

    7657-.7!7%$#5!\%#=>65!3U>.!5>%!3U->7%6!Y!3-!;$8X%655#$.e! 3-!X%68#W%6!_$#5!-,6;!:65!;$>;65! 67! 3-! :6>a#W86! 5-.5! 8$%7#6%e! $.! ,$#7! =>6! :-.5! ;6! :6%.#6%! ;-5! 3-! %95#57-.;6! 657!

    X%65=>6! 36! :$>\36I! F63-! 5U6aX3#=>6! X-%! 36! _-#7! =>6! 36! 8$%7#6%! 67! 365! \%#=>65! $.7! >.! ;$6__#;#6.7! :6!

    X$#55$.! ! ]=>#! :9;%#7! 3-! :9_$%8-7#$.! 3-79%-36^! :#__9%6.7I! 26! 8$%7#6%! 68Xi;65!=>#!56!_#55>%6.7!67!:$.;! 36>%!%95#57-.;6!657!%9:>#76I!26!8$%7#6%!657!.9;655-#%6!X$>%!9,#76%! 3-!

    ;$.;6.7%-7#$.!:65!;$.7%-#.765e!8-#5!3U9X-#556>%!:6!3-!;$>;&86.76!365!X6%_$%8-.;65!:U>.!8$%7#6%I!0.!>7#3#5-.7!>.!8$%7#6%!:6!76%%6!67!Hcd!

    :6!;#86.7!X%$:>#7!>.6!->&86.7-7#$.!Y! 3-! 7%-;7#$.!:6!GIc! _$#5I!S$>%! 3-! %9X$.56!->a!59#5865!6336!657!

    :$.;!>.6!\$..6!5$3>7#$.I!26!X%$\3W86!,#6.7!:>!_-#7!=>6!36!;#86.7!.U657!X-5!_-;#36!Y!%6X9%6%!67!#3!657!

    X3>7f7! ;5! #3! _->7! 9,#76%! >.! 8$%7#6%! 6.7#W%686.7! 6.! ;#86.7! ;-%! #3! 56%-#7! 7%$X! %#:6! X-%!

    %-XX$%7!->a!\%#=>65!=>#!56!_#55>%6%-#6.7!Y!;->56!:6!3U#8X$55#\#3#79!:6!56!:9_$%86%!->a!6a7%98#795I!

    !

    [email protected]$$'BAD8O

  • 26-%.#.&!D%$8!)6%.-;>3-%! ! 0+*[email protected]!!

    ! Gc!

    ?.6! 5$3>7#$.! 939&-.76! 67! 6__#;-;6! X$>%! ->&86.76%! 3-! %95#57-.;6! :65!8>%5! _-;6! ->a! 59#5865! 657! :6!

    ;$.57#7>6%! :65! ;$.7%6_$%75! :-.5! 365! ;$#.5! ]3%21*"# 97^I! F65! ;$.7%6_$%75! 56%,6.7! Y! ;$.76.#%! 365! 6__675!:Z>.6!;5596!67!5$>7#6..6.7!8#6>a! 36!8>%I!+$%8-3686.7! #35! 5$.7!-XX3#=>95!->a!&%-.:5!

    \`7#86.75! 7635! =>6! 365! ;-76! #35! 5$.7! _-;#365! Y!

    ;$.57#7>6%!67!657!:$.;!_$%7686.7!;$.56#3395!,>!3U-XX$%7!=>U#35!:$..6.7I!

    !

    !

    [email protected]+,

  • 26-%.#.&!D%$8!)6%.-;>3-%! ! 0+*[email protected]!!

    ! GA!

    2-! 3$.&>6>%!8-a#8-36!:>!8>%!657!:#a! _$#5! 3-!:#86.5#$.!:6! 3-!\%#=>6!w! #3! _->7!-[$>76%! 3U9X-#556>%!:65!

    ;$>;%!8-a#8-36! :>!8>%! 657! Gc! _$#5! 3-! :#86.5#$.! :6! 3-! \%#=>6!w! #3! _->7! -[$>76%! 3U9X-#556>%! :65!

    ;$>;+E+7),5-,)$)-.&'%,&E#)3+%,&"?%/%.*-#$,&?%#$)/"+U&6!"#"0",9&,A'A=+

    !

  • 26-%.#.&!D%$8!)6%.-;>3-%! ! 0+*[email protected]!!

    ! GV!

    !

    [email protected]+35+E+]+#&%.&"'-E%&"?%/%.*-#$,&?%#$)/"+U&%&2-#)0-.$"+U&6/2"3+%&N&",,),%,=&6!"#"0",9&,A'A=+

    165!%6._$%;686.75!->!.#,6->!:65!-.&365!5$.7!5>%686.7!>7#365e!,>!=>U#35!;$.57#7>6.7!>.!X$#.7!:93#;-7!

    :6! 3-! 57%>;7>%6I!165! 5$3>7#$.5!X$55#\365!X$>%! 365! 57-\#3#56%! 5$.7! %6X%956.7965!:-.5! 3U#8-&6! 5>#,-.76!

    ]3%21*"#:4^!O!

    !

    [email protected]+3!+E+8-(+$)-.,&5-+#&("&,$"E)(),"$)-.&'%,&0-.%,&'D".H(%&6]).W%9&:;;K9&5A&:N=+

    ?.6! ->7%6! 5$3>7#$.! 6__#;-;6! =>#! X6%867! 5-.5! :$>76! :6! 57-\#3#56%! 36! 8>%! ;U657! >7#3#5-7#$.! :U>.! _#367!

    897-33#=>6! ]3%21*"#:9^!=>#! ;$.57#7>6%-#7!>.6!-%8-7>%6!\#6.! %6X-%7#6! 5>%! 7$>76! 3-! 5>%_-;6!:>!8>%I! 26!5$>;#!%6576!5-!:#5X$.#\#3#79I!

    !

    [email protected]+3,+E+e)(%$&[email protected]$"(()3+%&,+#&+.&4+#&%.&"'-E%&6>(-.'%$&%$&"(A9&:;KK9&5A&KN=+

    !

  • 26-%.#.&!D%$8!)6%.-;>3-%! ! 0+*[email protected]!!

    ! Go!

    *_#.!:6!;$8X-%6%! 36!;$8X$%7686.7!:U>.6!8-#5$.!57-\#3#596!$>!X-5e!$.!X6>7!X%$;9:6%!-,6;!>.! 7657!

    5#8X36I!0.!6__67e! 5#! 36! 3-\$%-7$#%6!.6!:#5X$56!X-5!:U$>7#35! 5$X95!X$>%! 3-!5#8>3-7#$.!:65!$.:65!

    5#58#=>65e!$.!X6>7!X3-;6%!3-!8-#5$.!5>%!>.!X3-.!#.;3#.9I!(.!X6>7!:$.;!7%-.5_$%86%!3U-.&36!X-%!%-XX$%7!

    Y!3U.6!8-&.#7>:6!;$%%65X$.:-.76I!?.!6a68X36!657!8$.7%9!:-.5!3-!_#&>%6!5>#,-.76!

    ]3%21*"#::^!O!

    !

    [email protected]+33+E+\%,$&5-+#&4%,+#%#&(%,&5%#*-#4"./%,&,),4)3+%,&'D+.%&4"),-.&%.&"'-E%&,".,&%$&"?%/-,%"+U&).$%#.%,&6>(-.'%$&%$&"(A9&:;KK9&5A&K;=+

    !

    !

    !

    [email protected] +B?DJ=:$2-! 76;6! :>! 7$%;a! ->7%65! 76;65! :6! ;$.57%>;7#$.! 6.! 76%%6!

    ;%>6!;-%!6336!657!;3-55#_#96!;$886!;$.57%>;7#$.!8#a76I!0.!6__67!6336!;$8\#.6!36!8-79%#->!76%%6!-,6;!>.!

    8-79%#->!,9&97-3!;$886! 36!\$#5!$>! 36!\-8\$>!X$>%!8#6>a!6aX3$#76%! 365!;-%-;79%#57#=>65! _-,$%-\365!

    :6!;65!:6>a!8-79%#->a!67!:6!36>%!#.76%-;7#$.I!

    F$886!$.!-!:#7!3-!76%%6!;%>6!657!>.!8-79%#->!_-;#3686.7!%6X9%-\36!67!-!_-#\36!;$k7!=>#!56!X%i76!\#6.!

    X$>%!>.!%68X3#55-&6I!26!\$#5!X-%!;$.7%6!$__%6!>.6!7%W5!\$..6!%95#57-.;6!Y!3-!7%-;7#$.!67!5>%7$>7!Y!3-!

    _36a#$.e!=>#!6.!;-5!:6!59#586!56!%9,W36!:976%8#.-.76I!

    2-! 3#8#7-7#$.!:>!7$%;! 36!\-8\$>5!67!

    :$.;!#3!.U657!X-5!-XX3#;-\36!.U#8X$%76!$jI!

    16! X3>5! 3-! ;$.57%>;7#$.! 6.! 7$%;.6! ;6%7-#.6! 39&W%679! X-%! %-XX$%7! ->a! ->7%65!

    76;65e! ;6! =>#! -893#$%6! ;$.5#:9%-\3686.7! 5$.! ;$8X$%7686.7! 5#58#=>6I! 2-! 57%>;7>%6! X$%76>56!

    657! ;$.57#7>96! X-%! :65! X$>7%65! 67! ;$3$..65! 6.! \$#5I! 1$.;! 56%$.7! ;65! 93986.75! Y! %6X%6.:%6! 365!

    5$33#;#7-7#$.5!6.&6.:%965!X-%! 36! 7%68\3686.7!:6! 76%%6I! 2-! 76%%6!=>#! [$>6! 36! %f36!:6! %68X3#55-&6!:65!

    X-%$#5! ;$.7%#\>6! Y! %#:#_#6%! 3U6.568\36! :6! 3-! 57%>;7>%6! 8-#5! .U-! X-5! :6! _$.;7#$.! X$%76>56I! 2-!

    _#55>%-7#$.!:U>.!8>%! 6.! 7$%;!\`7#86.7! 67! X6>7! i7%6! %9X-%9!

    _-;#3686.7!$>! 5>\57#7>9! 5-.5! 7%$X!:6!:#__#;>3795I!16!X3>5! 5-! %>X7>%6! ;$.7%#\>6!Y!:#55#X6%!>.6!X-%7#6!

    :U9.6%!:>!59#586!5-.5!;$.57#7>6%!>.!:-.&6%!X$>%!365!

  • 26-%.#.&!D%$8!)6%.-;>3-%! ! 0+*[email protected]!!

    ! Gq!

    !

    S$>%! ;65! %-#5$.5! 3-! 76;6!:>! 7$%;65!89;-.#=>65!

    5>__#5-.765!=>#!3>#!X6%86776.7!:6!%95#576%!:6!8-.#W%6!5-7#5_-#5-.76!->a!7%68\3686.75!:6!76%%6I!F63-!-!

    979!;$._#%89!X-%!:65!97>:65!5;#6.7#_#=>65!67!8i86!X-%!:65!59#5865!%9635I!

    265!;$.5#:9%-7#$.5!5>%!365!865>%65!X-%-5#58#=>65!&9.9%-365!%6576.7!\#6.!5>%!,-3-\365!X$>%!36!7$%;-3#79!:65!8-79%#->a!67!3-!_$%86!&3$\-36!:6!3-!8-#5$.!5$.7!Y!;X-%-,-.7I! 16! X3>5! X$>%! =>6! ;6! ;$8X$%7686.7! _-,$%-\36! 5$#7! ,9%#_#9! #3! _->7!

    %65X6;76%!>.!;6%7-#.!.$8\%6!:6!%W&365!;$.57%>;7#,65I!

    *>!.#,6->!:6!3-!;$.;6X7#$.e! 3-!8-#5$.!:6!_$%86!;>\#=>6!%6576! 36!X%#.;#X6!:6!\-56!Y!-XX3#=>6%!X$>%!

    -893#$%6%!3-!%9X$.56!&3$\-36!->a!6__$%75I!1-.5!36!;-5!$j!:65!_$%865!X-%7#;>3#W%65!56%$.7!.9;655-#%65!

    $.!,6#336%-!Y!:9;$8X$56%!;65!:6%.#W%65!6.!_$%865!5#8X365I!

    2-! 57%>;7>%6!X$%76>56!X%#.;#X-36e! ;$.57#7>96! 6.!\$#5e! :$#7! i7%6! 54897%#=>6! ;6! =>#! 657! %9-3#5-\36! X-%!

    =>-7%6!;$3$..65!:-.5! 365!-.&365!:>!;-%%9!:6!\-56I! 265! ;$3$..65!:$#,6.7!i7%6!;%! \-56! X$>%! =>6! 3U6.568\36! X>#556! 7%-,-#336%! :6! _-r$.! $X7#8-36! 67! 6aX3$#76%! ->!8#6>a! 3-! _$%86!

    ;>\#=>6I!

    2-!57%>;7>%6!56;$.:-#%6e!;$.57#7>96!X-%!:65!;$3$..65!X3>5!8#.;65!657!->55#!;7%65!

    ->a!6a7%98#795I!

    26!7%6#33#5!:6!%68X3#55-&6!-!X-%!;$.7%6!>.#=>686.7! 3-!_$.;7#$.!:6!5$>76.#%! 3-!76%%6!=>#!,-!;$.57#7>6%!

    365!8>%5!w!:65!93986.75!5$>X365!67!X6>!65X-;95!5$.7!:$.;!5>__#5-.75I!

    26!%f36!_$.:-86.7-3!:-.5!3-!;$.57%>;7#$.!6.!7$%;;7#$.!6.!\$#5!6.!&9.9%-3e!

    657!;$.57#7>9!X-%! 365!;$.7%6,6.7686.75I!F6>ab;#!-55>%6.7! 3-!57-\#3#79!:6! 3-!57%>;7>%6!:-.5! 36!X3-.!:6!

    565! _-r-:65I! '3! _->7! :$.;! =>6! ;65! 93986.75! 5$#6.7! \#6.! :#86.5#$..95! 67! 5>%7$>7! =>6! 36>%5!

    -5568\3-&65!5$#6.7!5$#&.95!:6!8-.#W%6!-776.7#,6!X$>%!9,#76%!=>6!3U8#:#79!_-,$%#56!3-!:9&%-:-7#$.!

    :>!\$#5!67!3U6.:$88-&686.7!:6!;65!:6%.#6%5I!265!8>%5!6.!;$3$8\-&6!;$.57#7>95!>.#=>686.7!X-%!:65!

    X-..6->a!:6!7$%;!59#586!:6!s$\6!

    ]~-X$.^!6.!HqccI!

    F$886!:-.5! 36! ;-5!:6! 3U-:$\6e! 3-! 7$#7>%6!:$#7!i7%6! 39&W%6!67!-XX>496!:6!8-.#W%6!>.#_$%86!5>%! 365!

    8>%5!X$>%!9,#76%!>.6!;$.;6.7%-7#$.!:6!;$.7%-#.765I!

    S$>%!;6!=>#!;$.;6%.6!365!8-79%#->a!:6!;$.57%>;7#$.!>7#3#595!#3!_->7!=>6!36!\$#5!$>!36!\-8\$>!5>\#556.7!

    >.! 768X5! :6! 59;__#5-.7! -X%W5! 36>%! ;$>X6I! F63-! 657! _$.:-86.7-3! X$>%! 3-! :>%-\#3#79! :6! 3-!

    57%>;7>%6! ;-%! >.6! 76.6>%! 6.! 6->! 7%$X! 936,96! %9:>#7! 365! ;-%-;79%#57#=>65! :>! \$#5! 67! _-,$%#56! >.6!

    _#55>%-7#$.!#%%9&>3#W%6!;$8\#.96!-,6;!:65!:9_$%8-7#$.5!67!;,%6e!=>#!%9:>#56.7!5-!%95#57-.;6I!16!X3>5!>.6!8#:#79!936,96!X%$,$=>6!3-!:9&%-:-7#$.!%-X#:6!Y!

    ;->56!:U#.56;765!67!;

  • 26-%.#.&!D%$8!)6%.-;>3-%! ! 0+*[email protected]!!

    ! [email protected]!

    !

    [email protected]+32+E+]"),-.&5"#",),4)3+%&%.&$-#/2),&6!"#"0",&%$&"(A9&,A'A=+

    !

    FR*bM6%%6!-!:9,63$XX9!>.! 5457W86!:6! ;$.57%>;7#$.!X$>%! 36! 7$%;#!657!\-59! 5>%!>.6! 76;6!

    -.;657%-36!X%956.76!:-.5!3-!%9$.!:6!F6%6.!->!/-3,-:$%I!26!\>7!:6!;6776!%6;a!>7#3#595!-;7>633686.7!

    67!5>%7$>7!->a!.9;655#795!5#58#=>65I!2-!X-%7#;>3-%#79!:6!;6!X%$7$74X6!657! 3-! 3#8#7-7#$.!:6!3U>7#3#5-7#$.!

    :>!\$#5e!=>#!:-.5!;6%7-#.65!g$.65!657!>.6!%655$>%;6!X%9;#6>56!67!5$.!>7#3#5-7#$.!6a76.5#,6!;->56!:65!

    X%$\3W865!:6!:9_$%657-7#$.I!'3!_->7!56!%6.:%6!;$8X76!=>6!36!\$#5!657!>.6!%655$>%;6!#8X$%7-.76!67!5#!

    ;5!657!_-;#3686.7!-;;655#\36e!;63-!.U657!X-5!36!;-5!X$>%!X3>5#6>%5!%9$.5I!

    2U#:96!:6!;6776!76;6!657!:6!;%96%!:65!;$3$..65!=>#!.6!5$.7!X-5!;$.57#7>965!:6!\$#5I!F63>#b;#!657!

    %68X3-;9!X-%!:65!7#&65!:6!\-8\$>!=>#!5$.7!X$5965!:-.5!:65!5$>\-55686.75!_$%895!X-%!:65!\3$;5!6.!

    \97$.!;%6>aI!265! 7#&65!5$.7! 3#965!6.7%6!63365!X-%!:65! _#35! 5$>X365!6.! _6%!$>!6.!8-7#W%6!,9&97-36I!165!

    97%#6%5!6.!\-8\$>!-55>%6.7! 3-! 57-\#3#79!:6! 3U6.568\36!:6! 3-!;$3$..6!=>#!657!6.5>#76! %68X3#6!X-%!>.!

    8$%7#6%!:6!76%%6!67!X-#336!X$>%!->&86.76%!5$.!#.6%7#6I!16!X3>5!63365!56%$.7!%6._$%;965!3$;-3686.7!X-%!

    :65!97%#6%5!5>XX3986.7-#%65!6.!-;#6%I!

    F6776!5$3>7#$.!\#6.!=>6! _-,$%-\36!X$>%! 3-! _-#\36!>7#3#5-7#$.!:>!\$#5!.9;655#76! 3U68X3$#!:>!\97$.e!=>#!

    :$.;!.U657!X-5!7$>[$>%5!%6X9%-\36I!16!X3>5!$.!#8-.6!=>6!3-!%9-3#5-7#$.!:65!;$3$..65!;$8X$5965!X-%!

    365! 7#&65! :6! \-8\$>! 657! X3>5! :93#;-76! 67! 5>%7$>7! X3>5! 36.76! X-%! %-XX$%7! Y! 3-! X$56! :U>.6! ;$3$..6!

    8$.$3#76!6.!\$#5!67!:$.;!.6!%65X6;76!X-5!365!X%#.;#X65!:6!\-56!:6!3U->7$b;$.57%>;7#$.I!!

    !

    !"##$%#&"#

    !"#"$%&'%()*'+"),%)-./01$'--23/)4"$"0+052-")6)7289$%,.):"$";"0)

  • 26-%.#.&!D%$8!)6%.-;>3-%! ! 0+*[email protected]!!

    ! QH!

    !

    [email protected][email protected]$")(&'D+.%&/-(-..%&%.&E"4E-+&"?%/&@$#)%#,&%$%45(),,"H%&%.&4-#$)%#&6!"#"0",&%$&"(A9&,A'A=+

    !

    !

    !

    [email protected] ZBA95! 76%%-#.e! 63365!

    ;$.57#7>6.7!3U$%&-.6!:6!;$..6a#$.!6.7%6!36!5$3!67!3-!57%>;7>%6I!03365!:$#,6.7!-55>%6%!>.6!%9:>;7#$.!:65!

    ;$.7%-#.765!X$>%!=>6!;63365b;#!.6!:9X-556.7!X-5!3-!;-X-;#79!X$%7-.76!:>!5$3I!

    +$>5! -,$.5!:9[Y!86.7#$..9! 3U#8X$%7-.;6!:>! ;;7>%6I!?.!\`7#86.7!

    ;$.57%>#7! 563$.! 365! %W&365! X-%-5#58#=>65! 8-#5! X3-;9! 5>%! >.! 5$3! :6! 8->,-#56! =>-3#79! 5>\#%-! :65!

    ;$.59=>6.;65!:95-57%6>565I!!

    265! _$.:-7#$.5! :$#,6.7! X6%8677%6! 3-! %6X%#56! :6! :#__9%6.75! 74X65! :U6__$%75! ]7%-;7#$.e! ;$8X%655#$.e!

    _36a#$.^! 563$.! 365! -;7#$.5! =>#! -.7! 5>%! 3-! 57%>;7>%6! ]X$#:5! X%$X%6e! ;7#36e! ,6.7e! .6#&6e!

    59#5865eh^I!

    S$>%! 36! ;-5! :6! 3-! ;$.57%>;7#$.! 6.! 76%%6! ;%>6! ;63-! -! >.6! #8X$%7-.;6! 6.;$%6! X3>5! 936,96! ;-%! 63365!

    :$#,6.7! &-%-.7#%! 3-! :>%-\#3#79! :>! 8-79%#->! :65! 8>%5! 6.! $__%-.7! >.6! \$..6! X%$76;7#$.! ;$.7%6! 365!

    -&6.75! :U9%$5#$.I! 0.! 6__67! 36! X%#.;#X6! ;39! :6! 3-! ;$.57%>;7#$.! 6.! 76%%6! ;%>6! ;U657! :6! X$559:6%! C!:65!

    \$..65!\$7765!67!>.!\$.!;!EI!F63-!657!:#%6;7686.7!3#9!->55#!Y!3-!;$.;6X7#$.!X-%-5#58#=>6!;-%!3-!

    :9&%-:-7#$.!:65!8>%5!X$%76>%5!;$.:>#7!Y!>.!\-#556!#8X$%7-.7!:6!3-!%95#57-.;6!67!:$.;!:6!3-!;-X-;#79!

    :6!5>%,#,%6!->a!7%68\3686.75!:6!76%%6I!

    2U-&6.7!;3#8-7#=>6!=>#!86.-;6! 365! _$.:-7#$.5!657! 3U6->I!S$>%!;63-!63365!:$#,6.7!i7%65!;$8X$5965!:6!

    8-79%#->a!=>#!.6!56!:#55$3,6.7!X-5!Y!;$.7-;7!-,6;!3-!X3>#6!$>!3U6->!=>#!%>#556336!5>%!36!76%%-#.!$>!:-.5!

    36!5$>5!5$3I!165!8-79%#->a!%$;a!$>!:>!8$%7#6%!57-\#3#59!X-%!:>!;#86.7!568\36!i7%6! 3-!5$3>7#$.! 3-!

    X3>5! #.:#=>96I! 1>! \$#5! ->55#! X$>%%-#7! i7%6! >7#3#59! Y! ;$.:#7#$.! =>U#3! .6! 5>\#556! X-5! :6! ,-%#-7#$.!

    :U8#:#79!=>#!-;;93W%6!5-!:9&%-:-7#$.e!:$.;!6.!&9.9%-3!#3!657!X%9_9%-\36!:6!3U9,#76%I!165!_$.:-7#$.5!

    6.!\%#=>65!6.!76%%6!;>#76!5$.7!:9;$.56#33965!X$>%!:65!g$.65!5#58#=>65!;-%!63365!5$.7!7%W5!%#:65!8-#5!

    X$55W:6.7!>.6!_-#\36!%95#57-.;6!6.!7%-;7#$.!67!;#5-#33686.7I!2-!:#5X$.#\#3#79!:65!8-79%#->a!6.!X3-;6e!

    365!;$k75!67!36!768X5!:6!%9-3#5-7#$.![$>6.7!->55#!>.!%f36!:-.5!36!;

  • 26-%.#.&!D%$8!)6%.-;>3-%! ! 0+*[email protected]!!

    ! QG!

    26! 5$>\-55686.7! :$#7! 5$%7#%! :U->! 8$#.5! [email protected]! ;8! :>! 5$3! X$>%! 9,#76%! =>6! 3U6->! 6a79%#6>%6! X>#556!

    ;$.7-8#.6%!3-!8-7#W%6!:>!8>%I!F63-!X6>7!56!X-556%!X-%!3U-\5$%X7#$.!:6!3U8#:#79!5>#76!Y!>.6!X3>#6!$>!

    6.!;-5!:U#.$.:-7#$.!]3%21*"#:6^I!S$>%!9,#76%!;6!:6%.#6%!;-5!#3!_->7!=>6!36!.#,6->!#.79%#6>%!5$#7!%6559!:6!8-.#W%6!=>6!3U6->!.6!X9.W7%6!X-5!Y!3U#.79%#6>%I!'3!657!%-#5$..-\36!:6!:$..6%!>.6!X6.76!->!76%%-#.!

    6a79%#6>%!X$>%!9,#76%!3U-;;>8>3-7#$.!:U6->I!

    [email protected]+37+E+T),3+%&'D"E,-#5$)-.&%$&'D).-.'"$)-.&6!"#"0",9&,A'A=+

    265! _$.:-7#$.5! :$#,6.7! -,$#%! >.6! 3-%&6>%! 8#.#8-36! :6! [email protected]! ;8! 67! X3>5! 6.! &9.9%-3! 3-! 3-%&6>%!

    %6;$88-.:96!657!:6!HIc! _$#5! 3-! 3-%&6>%!:>!8>%I!2-!X%$_$.:6>%!X-%!;$.7%6!:9X6.:!:6! 3-!=>-3#79!:>!

    76%%-#.!6.!X3-;6!67!:65!;;7>%6I!0336!.6!:6,%-#7!X-5!i7%6!6.!:655$>5!:[email protected]!;8I!

    !

    [email protected]+39!:6!&%-.>3-75!67!&-3675!=>#!X6>,6.7!865>%6%![>5=>[email protected]@!88I!'3!657!>7#3#59!X$>%!:65!$>,%-&65!8-55#_5!=>#!.6!:68-.:6.7!X-5!>.6!%95#57-.;6!7%W5!936,96I!

  • 26-%.#.&!D%$8!)6%.-;>3-%! ! 0+*[email protected]!!

    ! QQ!

    !

    !

    [email protected]+3;+ E+8-+E",,%4%.$&%.&E(-/,&'%&[email protected]$-.& #%45(),&'%&[email protected]$-.& 6"=A& !-(-..%&%.&E-),& ()@%&"+& ,-+E",,%4%.$&%.&[email protected]$-.& 6E=&6!"#"0",9&,A'A=+

    !

    !

    !

    [email protected]+3>+E&BU%45(%&'%&'@[email protected]#)-#"$)-.&'D+.&*-.'"$)-.&'".,&+.&%45("/%4%.$&'@*"?-#"E(%&1&/"+,%&'%&("&5%.$%&'+&$%##").&3+)&/-.'+)$&(D2+4)')[email protected]&,+#&(%&4+#&6!"#"0",9&,A'A=+

    !

    !

    !

    !

    !

    !

    !

  • 26-%.#.&!D%$8!)6%.-;>3-%! ! 0+*[email protected]!!

    ! QL!

    !

    #"@ 'BAD7C:=BA$!

    26!7;7#$.!6.!76%%6!;%>6!:-.5!365!g$.65!5#58#=>65!657!7%W5!:93#;-7I!0.!6__67e!3-!76%%6!

    ;%>6!657! ;$._%$.796!Y!:65!X%9[>:#;65I!0.!;-5!:6! 7%68\3686.7!:6! 76%%6e!6336!657! 5$>,6.7!;$.5#:9%96!

    ;$886! 3-! ;->56!X%#8-#%6!:65!:9&`75!67!:>!&%-.:!.$8\%6!:6!8$%75I! /65!X%$X%#9795!89;-.#=>65!.6!

    5$.7!X-5!-:9=>-765!Y! 3-!%6X%#56!:65!6__$%75!:6!7%-;7#$.!6.&6.:%95!X-%! 365!7%68\3686.75!:6!76%%6!67!

    ;$.7%#\>6.7!Y!:$..6%!Y!3-!76%%6!;%>6!>.!56.5!:6!_%-#79!67!:U#.59;>%#79I!265!:9\-75!5>%!3-!.9;655#79!:6!

    ;%96%!:65!.$%865!$>!8i86!:U#.76%:#%6!3U>7#3#5-7#$.!:6!;6!8-79%#->!:-.5!365!g$.65!Y!%#5=>6!X6%5#576.7!

    67!#35!%6576.7!7%W5!-;7>635I!

    2-! ;$.57%>;7#$.!X-%-5#58#=>6!657! 5$>,6.7! 5$X96I! 265! 5$3>7#$.5!X%$X$5965! 5$.7! ;$8X36a65!67!

    7%W5!;6!:-.5!36!;-5!:6!3-!76%%6!;%>6e!>.6!;$.57%>;7#$.!_-;#36!]X$>%!3U->7$!;$.57%>;7#$.^!

    67!>.!;$k7!%9:>#7!5$.7!365!$\[6;7#_5!X%#8-#%65I!26!:9_#!657!:$.;!:U$\76.#%!=>63=>6!;#!%65X6;76!;65!;$.7%-#.765I!

    1-.5!36!;$>%5!:6!5$.!;7#$.!6.!76%%6!;%>6I!

    *,6;! 3U-XX-%#7#$.!:6!.$>,6->a!8-79%#->a!C!8$:6%.65!E!7635!=>6! 36!\97$.!67! 3U-;#6%e!$.!-!X6%:>!>.6!

    X-%7#6!:65!;$8X976.;65!Y!\`7#%!6.!76%%6I!2-!%6;;$>X!-;7#,6!

    ->[$>%:U#e! :$#7! :$.;! ;$.:>#%6! X%68#W%686.7! Y! >.6! %6:9;$>,6%76! :6! ;65! 76;65I! 0.5>#76e! 36!

    :9,63$XX686.7!:65!76;65!X6>7e!-,6;!:65!.$>,63365!5$3>7#$.5e!-#:6%!Y!-&%-.:#%!>379%#6>%686.7!36!

    .#,6->!:6!59;>%#79!X$>%!365!;7#$.!X-%-5#58#=>6!657!;$.;6%796!X-%!7$>76!>.6!59%#6!:U93986.75!=>U#3!_->7!\#6.!%676.#%I!26!

    ;$8X$%7686.7!_#.-3!:6!3-!57%>;7>%6!_-;6!->a!59#5865!,-!:9X6.:%6!:65!#.76%-;7#$.5!6.7%6!3U6.568\36!

    :6! ;65! 93986.75! 67! :6! 3U#.76%-;7#$.! 5$3b57%>;7>%6I! '3! _->7! X%i76%! -776.7#$.! =>6! ;6! X-%7#6! 5$#7!

    6__#;-;6I!?.6!\$..6!;$.;6X7#$.e!-#.5#!=>U>.!\$..6!;!5#76!:U68X3-;686.7!5$.7!:65!=>657#$.5!

    _$.:-86.7-365I! 2-! ;$8X$5#7#$.! :>x:65! 8-79%#->xae! 36! 5$#.! :-.5! 3-! X;7#$.e! 365!

    _$.:-7#$.5e!67;I!5$.7!7$>5!:65!:#5;$>%5!=>#!:$#,6.7!6.7%6!-.-34595I!2Z#.;$%X$%-7#$.!:6!%6._$%;686.75!

    =>#! $.7! 36! \>7! :6! 57-\#3#56%! 3-! 57%>;7>%6! 657! 3U->7%6! X-%7#6! #8X$%7-.76! =>#! X6%867! :U->&86.76%! 3-!

    57-\#3#79! &9.9%-36I! F6;#! -! >.6! #8X$%7-.;6! ;-X#7-36! :-.5! 36! :$8-#.6!:6! 3-! 76%%6! ;%>6I! S$>%! ;6! _-#%6e!

    :-.5!3-!;$.57%>;7#$.!$.!;$>X36!3-!76%%6!-,6;!:65!->7%65!8-79%#->a!]X-%!6a68X36!:6!.-7>%6!,9&97-36^I!

    F65! ->7%65! 8-79%#->a! 6aX3$#795! %95#576.7! \#6.! Y! 3-! 7%-;7#$.! 67! Y! 3-! _36a#$.e! =>#! 5$.7! 365! X%$X%#9795!

    ;%#7#=>65! _-;6!->a!5$33#;#7-7#$.5!X>#55-.765!6.&6.:%965!X-%! 365! 7%68\3686.75!:6!76%%6I!S-%!;$.7%6e! #3!

    _->7! %68-%=>6%!=>6! 3-! 76%%6!;%>6!X$55W:6!>.6!;6%7-#.6!:>;7#3#79!6.!;$8X%655#$.!67!6.! ;#5-#33686.7!

    =>#! 3>#! -55>%6! >.6! ;6%7-#.6! :9_$%8-\#3#79! -,-.7! %>X7>%6I! 26! ;$>X3-&6! :6! 3-! 76%%6! -,6;! 36! \$#5! 5U657!

    %9,939!7%W5!6__#;-;6!67!X6%867!:U6aX3$#76%!->!8#6>a!365!X%$X%#9795!:65!:6>a!8-79%#->aI!

    ?.6!-.-3456!Y!7$>5!.#,6->a!657!:$.;!#.:#5X6.5-\36I!*,6;!:65!865>%65!X6%7#.6.765!$.!X6>7!:$.;!-,$#%!

    >.6!\$..6!%9X$.56!8i86!-,6;!>.!8-79%#->!=>UY! 3-!\-56!.U657!X-5! 36!X3>5! #.:#=>9!X$>%!;6!74X6!:6!

    5$33#;#7-7#$.5I! F$886! $.! -! ,>! 7$>5! 365! 8-79%#->ae! 4! ;$8X%#5! 365! X3>5! 8$:6%.65e! 5#! 8-3! >7#3#595!

    X%$,$=>6.7! :65! :9&`75! #8X$%7-.75! 6.! ;-5! :6! 59#586I! ?.6! ;$.;6X7#$.! 5$#&.96! =>#! %65X6;76! 365!

    ;%#7W%65! 6556.7#635! 5>%! 3-! _$%86! &9.9%-36! 67! 365! :#86.5#$.5! :6! 3-! 57%>;7>%6e! -,6;! >.6! -776.7#$.!

    X-%7#;>3#W%6! ->a! :97-#35! X6%867! :$.;! :U$\76.#%! :65! %95>37-75! 7%W5! 5-7#5_-#5-.75! -,6;! :65! 8-79%#->a!

  • 26-%.#.&!D%$8!)6%.-;>3-%! ! 0+*[email protected]!!

    ! Qc!

    C!X->,%65!Ee! X6>! 93-\$%95! 67! :$.;! :65! ;$k75! 7%W5! %657%6#.75I! F63-! 657! 5k%686.7! >.! -,-.7-&6! 7%W5!

    #8X$%7-.7! =>#! $__%6! 3-! 76%%6! ;%>6! 67! =>#! X$>%%-#7! 56! %9,936%! 3-! 86#336>%6! 5$3>7#$.! X$>%! >.! &%-.:!

    .$8\%6!:6!%9$.5I!!

    2-!&%-.:6!:#5X$.#\#3#79!67!3-!%-X#:#79!:-.5!3-!;$.57%>;7#$.!5$.7!:6>a!_-;76>%5!=>#![$>6.7!Y!_-,6>%!:6!3-!

    76%%6!;%>6!:-.5!3-!%6;$.57%>;7#$.!-X%W5!>.!59#586I!16!X3>5!365!;$k75!9.6%&97#=>65e!:6!;$.57%>;7#$.!67!

    :6! %6;4;3-&6!:65!8-79%#->a! 5$.7! ->55#! 7%W5! _-#\365! =>#! %6.:6.7! 3-! 76%%6! ;%>6!>.!8-79%#->!=>#! -! 979!

    #8X$%7-.7!:-.5!36!X-559!67!=>#!X$>%%-#7!36!:6,6.#%!X$>%!36!_>7>%I!

    !

    !

    N#O#1>"#'$)=1"#)P#()1("(#$.">+)*"#'('#*'.""#@.>%R*"#=1%#3.&&"#$&(%(1"#1>"#@)*.#'(.#.$$/.>(#&.#$)*('"#"(#">#"?$(#&.#+.$.+%('G#@.%&.>

  • 26-%.#.&!D%$8!)6%.-;>3-%! ! 0+*[email protected]!!

    ! QA!

    F=67=BK?5OJ=8$

    K677#.#e!+I!][email protected]@^I#T)#/"7$%#-3*:$\60.&3#5\3#;-7#$.! .$.! 5X9;#_#96^I! Z/)0"#J# H1%/"# /"# K)>&(*1+(%)># I.*.&%&@%=1"I!D%-.;6!O!0:#7#$.5!FR*M6%%6!

    F-%-g-5e! I! ! R#,6%$e! *I! ]-..96! :6! X>\3#;-7#$.! .$.! 5X9;#_#96^I! [)*+,%J# H1%/"# /"# K)>&(*1+(%)>#I.*.&%&@%=1"I!D%-.;6!O!0:#7#$.5!FR*M6%%6!

    F-%-g-5e! I! ! R#,6%$e! *I! ][email protected]@Q^I! \',.0%#J# H1%/"# /"# K)>&(*1+(%)># I.*.&%&@%=1"I! D%-.;6!O!0:#7#$.5!FR*M6%%6!

    F#("**.#+*1/.#>"3$e!JI!][email protected]@V^I!K)&(*1V%)>%#&()*%+)#@)>[email protected]">(.#("**.#+*1/.M#I*)$)&(.#$"*#1>#@"()/)#/%#Q."#/"3$F$.56%,-g#$.6:6#K6.#*%;e! 1I! ! P$_8-..e! JI! ][email protected]^I! Z6!O! F$.;6X7#$.! 67! 1#86.5#$..686.7! :65!

    K`7#86.75I!/>#556!O!S%65565!X$3476;65!67!>.#,6%5#7-#%65!%$8-.:65!

    J#.t6e!"I!][email protected]@H^I!K)>&(*1+(%)>#@.>1.#556!O!SS?R!X%65565!X$3476;65!

    S3-_t6%e! "I! ! 0%#;t56.e! "I! ! D6%.-.:6ge! ~I! ]HqVH^I! H")#_1%2%>#K,%>.I!F


SELF CONSTRUCTION COMPETITION_ita
SELF CONSTRUCTION COMPETITION_ita
Roberto Giovannini - La Notte
Roberto Giovannini - La Notte
Giovannini, Manuale di corrispondenza commerciale.pdf
Giovannini, Manuale di corrispondenza commerciale.pdf
04 IT Construction 1-114
04 IT Construction 1-114
IMER Group - Full Construction
IMER Group - Full Construction
ivano pelosin - assopiscine 2
ivano pelosin - assopiscine 2
oö¡;ë ö3;3Ï ö Ï2Ï c; 3Ïj;É - slc-mt.com · superior luxury construction superior luxury construction superior luxury construction superior luxury construction f;3c ñàÏ+ë+
oö¡;ë ö3;3Ï ö Ï2Ï c; 3Ïj;É - slc-mt.com · superior luxury construction superior luxury construction superior luxury construction superior luxury construction f;3c ñàÏ+ë+
Ivano Mastrosimone - Portfolio
Ivano Mastrosimone - Portfolio
ivano larocca portfolio
ivano larocca portfolio
ivano martelli - nota biografica · Title: Microsoft Word - ivano martelli - nota biografica Author: Ivano Martelli Created Date: 5/5/2019 11:50:03 AM
ivano martelli - nota biografica · Title: Microsoft Word - ivano martelli - nota biografica Author: Ivano Martelli Created Date: 5/5/2019 11:50:03 AM
Metrocubo108-ST-bassa-singole - lecasistemi.it · 33098 Valvasone - Pordenone direttore responsabile Franco Giovannini comitato di redazione Franco Giovannini Luca Beligni ... M10
Metrocubo108-ST-bassa-singole - lecasistemi.it · 33098 Valvasone - Pordenone direttore responsabile Franco Giovannini comitato di redazione Franco Giovannini Luca Beligni ... M10
Construction & Maintenance Control Office
Construction & Maintenance Control Office
PROJECT & CONSTRUCTION MANAGEMENT NEL SETTORE …
PROJECT & CONSTRUCTION MANAGEMENT NEL SETTORE …
Ivano Fracena - n. 5, 2010
Ivano Fracena - n. 5, 2010
Garieni & Giovannini - Un Trapezio Per Lisistrata
Garieni & Giovannini - Un Trapezio Per Lisistrata
Ivano Fracena - n. 2, 2007
Ivano Fracena - n. 2, 2007
Sentence construction (1): infinitive
Sentence construction (1): infinitive
Studio Retribuzione Property Construction
Studio Retribuzione Property Construction
Roberto Giovannini - Monografia
Roberto Giovannini - Monografia
IT Construction Trade 2015
IT Construction Trade 2015