LG Electronics USA P990HN Cellular/PCS GSM/WCDMA/EDGE Phone with WLAN and Bluetooth User Manual

LG Electronics USA Cellular/PCS GSM/WCDMA/EDGE Phone with WLAN and Bluetooth Users Manual

Users Manual

7SQISJGSRXIRXWSJXLMWQERYEP
QE]RSXETTP]XS]SYVTLSRI
HITIRHMRKSR]SYVTLSRItW
WSJX[EVISV]SYVWIVZMGITVSZMHIV
8LMWLERHWIXMWRSXVIGSQQIRHIH
JSVXLIZMWYEPP]MQTEMVIHFIGEYWISJ
MXWXSYGLWGVIIROI]TEH
'ST]VMKLX0+)PIGXVSRMGW
-RG%PPVMKLXWVIWIVZIH0+ERHXLI
0+PSKSEVIVIKMWXIVIHXVEHIQEVOW
SJ0++VSYTERHMXWVIPEXIHIRXMXMIW
%PPSXLIVXVEHIQEVOWEVIXLI
TVSTIVX]SJXLIMVVIWTIGXMZIS[RIVW
+SSKPIv+SSKPI1ETWv
+QEMPv=SY8YFIv+SSKPI
8EPOvERH%RHVSMH1EVOIXvEVI
XVEHIQEVOWSJ+SSKPI-RG
d
d
d
d
/*3K10DQXDO
Part 15.21 statement
" Change or Modifications that are not expressly approved by the manufacturer could void
the user's authority to operate the equipment. “
Part 15.105 statement
This equipment has been tested and found to comply with the limits for a class B digital
device, pursuant to Part 15 of the FCC Rules.
These limits are designed to provide reasonable protection against harmful interference in
a residential installation. This equipment generates uses and can radiate radio frequency
energy and, if not installed and used in accordance with the instructions, may cause harmful
interference to radio communications. However, there is no guarantee that interference will
not occur in a particular installation. If this equipment does cause harmful interference or
television reception, which can be determined by turning the equipment off and on, the user
is encouraged to try to correct the interference by one or more of the following measures:
- Reorient or relocate the receiving antenna.
- Increase the separation between the equipment and receiver.
- Connect the equipment into an outlet on a circuit different from that to
which the receiver is connected.
- Consult the dealer or an experienced radio/TV technician for help.
This device is not intended for sale in the USA.
2.0cm
0.79
2.0cm
0.79
2.0cm
0.79
2.0cm
0,79
2.0cm
0,79
2.0cm
0,79

+IXXMRKXSORS[]SYVTLSRI
8SXYVRSRXLITLSRITVIWWERHLSPHXLI4S[IVOI]JSVXLVIIWIGSRHW8SXYVRSJJ
XLITLSRITVIWWERHLSPHXLI4S[IVOI]JSVXLVIIWIGSRHWERHXSYGL4S[IVSJJ
,SQIOI]
6IXYVRXSLSQIJVSQ
ER]WGVIIR
1IRYOI]
'LIGO[LEXSTXMSRWEVI
EZEMPEFPI
)EVTMIGI
4VS\MQMX]WIRWSV
-RRIVGEQIVEPIRW
&EGOOI]
6IXYVRXSXLITVIZMSYW
WGVIIR
7IEVGLOI]
7IEVGLXLI[IFERH
GSRXIRXWMR]SYVTLSRI
4S[IV0SGOOI]
7[MXGL]SYVTLSRISRSJJ
F]TVIWWMRKERHLSPHMRK
XLMWOI]
8YVRSJJERHPSGOXLI
WGVIIR

&EGOGSZIV
'LEVKIVQMGVS97&GEFPI
GSRRIGXSV
:SPYQIOI]W
3RXLILSQIWGVIIR
GSRXVSPVMRKIVZSPYQI
d(YVMRKEGEPPGSRXVSP
]SYVIEVTMIGIZSPYQI
d;LIRTPE]MRKE
XVEGOGSRXVSPZSPYQI
GSRXMRYSYWP]
7XIVISIEVTLSRIGSRRIGXSV
4S[IV0SGOOI]
&EXXIV]
7-1GEVHWPSX
,(1-GEFPI
GSRRIGXSV
*PEWL
7TIEOIV
-RXIVREPERXIRRE
1MGVSTLSRI
+IXXMRKXSORS[]SYVTLSRI

-RWXEPPMRKXLI7-1GEVH
ERHFEXXIV]
&IJSVI]SYGERWXEVXI\TPSVMRK
]SYVRI[TLSRI]SYtPPRIIHXSWIX
MXYT8SMRWIVXXLI7-1GEVHERH
FEXXIV]
8SVIQSZIXLIFEGOGSZIVLSPH
XLITLSRIJMVQP]MR]SYVLERH
;MXL]SYVSXLIVLERHJMVQP]
TVIWW]SYVXLYQFSRXLIFEGO
GSZIV0MJXSJJXLIFEXXIV]GSZIV
[MXL]SYVJSVIJMRKIV

7PMHIXLI7-1GEVHMRXSXLI7-1
GEVHLSPHIV1EOIWYVIXLIKSPH
GSRXEGXEVIESRXLIGEVHMW
JEGMRKHS[R[EVHW


*SVQEXXMRKXLIQIQSV]
GEVH
=SYVQIQSV]GEVHQE]EPVIEH]
FIJSVQEXXIH-JMXMWRtX]SYQYWX
JSVQEXMXFIJSVI]SYGERYWIMX
238)
%PPwPIWSR]SYVQIQSV]
GEVHEVIHIPIXIH[LIR]SY
JSVQEXMX
3RXLILSQIWGVIIRXSYGLXLI
%TTPMGEXMSRWXEF XSSTIR
XLIETTPMGEXMSRWQIRY
7GVSPPERHXSYGL7IXXMRKW
7GVSPPERHXSYGL7(GEVH
TLSRIWXSVEKI
8SYGL9RQSYRX)\XIVREP7(
GEVH
8SYGL*SVQEX)\XIVREP7(
GEVHXLIRGSRJMVQ]SYVGLSMGI
-J]SYWIXXLITEXXIVRPSGOMRTYX
XLITEXXIVRPSGOERHWIPIGX
)VEWI)ZIV]XLMRK8LIGEVH
[MPPXLIRFIJSVQEXXIHERH
VIEH]XSYWI






238)
-JXLIVIMWGSRXIRXSR]SYV
QIQSV]GEVHXLIJSPHIVWXVYGXYVI
QE]FIHMJJIVIRXEJXIVJSVQEXXMRK
EWEPPXLIwPIW[MPPLEZIFIIR
HIPIXIH
8-4
-J]SYVQIQSV]GEVHMWEPVIEH]
YRQSYRXIH]SYGERYWIXLI
JSPPS[MRKWXITWXSJSVQEXMX
8SYGL
%TTPMGEXMSRW"7IXXMRKW
"7(GEVHTLSRIWXSVEKI"
*SVQEX)\XIVREP7(GEVH
;%62-2+
8SVIQSZIXLIQIQSV]GEVH
WEJIP]TPIEWIWIPIGX
%TTPMGEXMSRW
"7IXXMRKW"7(GEVHTLSRI
WXSVEKI"9RQSYRX)\XIVREP
7(GEVH
+IXXMRKXSORS[]SYVTLSRI

=SYV,SQIWGVIIR
8SYGLWGVIIRXMTW
,IVIEVIWSQIXMTWSRLS[XS
REZMKEXIEVSYRH]SYVTLSRI
8SYGL8SGLSSWIEQIRYSTXMSR
SVSTIRERETTPMGEXMSRXSYGLMX
8SYGLERHLSPH8SSTIRER
STXMSRWQIRYSVKVEFERSFNIGX
]SY[ERXXSQSZIXSYGLERH
LSPHMX
(VEK8SWGVSPPXLVSYKLEPMWXSV
QSZIWPS[P]HVEKEGVSWWXLI
XSYGLWGVIIR
*PMGO8SWGVSPPXLVSYKLEPMWX
SVQSZIUYMGOP]JPMGOEGVSWWXLI
XSYGLWGVIIRHVEKUYMGOP]ERH
VIPIEWI
238)
8SWIPIGXERMXIQXSYGLXLI
GIRXVISJXLIMGSR
(SRSXXSTVIWWXSSLEVHXLI
XSYGLWGVIIRMWWIRWMXMZIIRSYKL
XSTMGOYTEPMKLXJMVQXSYGL
d
d
9WIXLIXMTSJ]SYVJMRKIVXSXSYGL
XLISTXMSR]SY[ERX&IGEVIJYP
RSXXSXSYGLER]SXLIVOI]W
0SGO]SYVTLSRI
;LIR]SYEVIRSXYWMRK0+
4LTVIWWXLI4S[IVOI]XS
PSGO]SYVTLSRI8LMWLIPTWXS
TVIZIRXEGGMHIRXEPXSYGLMRKSJXLI
OI]WERHWEZIWFEXXIV]TS[IV
-J]SYHSRSXYWIXLITLSRIJSVE
[LMPIXLILSQIWGVIIRSVSXLIV
WGVIIR]SYEVIZMI[MRKMWVITPEGIH
F]XLIPSGOWGVIIRXSGSRWIVZI
XLIFEXXIV]
238)-JXLIVIEVIER]TVSKVEQW
VYRRMRK[LIR]SYWIXXLITEXXIVR
XLI]QE]FIWXMPPVYRRMRKMRPSGO
QSHI-XMWVIGSQQIRHIHXLEX]SY
I\MXEPPTVSKVEQWFIJSVIIRXIVMRK
PSGOQSHIXSEZSMHYRRIGIWWEV]
GLEVKIWIKTLSRIGEPP[IF
EGGIWWERHHEXEGSQQYRMGEXMSRW
d

9RPSGOWGVIIR
8SXYVRSR]SYVTLSRITVIWWXLI
4S[IVOI]8LIPSGOWGVIIR[MPP
ETTIEV8SYGLERHWPMHIYTXLI
PSGOWGVIIRXSYRPSGO]SYVLSQI
WGVIIR8LIPEWXWGVIIR]SY[IVI
[SVOMRKSR[MPPSTIR
,SQI
7MQTP]W[MTI]SYVJMRKIVXSXLIPIJX
SVVMKLXXSZMI[XLIQ
=SYGEREPWSGYWXSQMWIIEGL
TERIP[MXL[MHKIXW0+[MHKIXW
WLSVXGYXWXS]SYVJEZSYVMXI
ETTPMGEXMSRWJSPHIVWERH
[EPPTETIVW
238)
7SQIWGVIIRMQEKIWQE]
FIHMJJIVIRXHITIRHMRKSR]SYV
TLSRITVSZMHIV
-R]SYVLSQIWGVIIR]SYGERZMI[
UYMGOOI]WSRXLIFSXXSQSJXLI
WGVIIR8LIUYMGOOI]WTVSZMHI
IEW]SRIXSYGLEGGIWWXSXLI
JYRGXMSRW]SYYWIXLIQSWX
8SYGLXLI4LSRIMGSRXSFVMRK
YTXLIXSYGLHMEPPMRKTEHXSQEOIE
GEPP
8SYGLXLI'SRXEGXWMGSRXS
STIR]SYVGSRXEGXW
8SYGLXLI1IWWEKIMGSRXS
EGGIWWXLIQIWWEKMRKQIRY
,IVI]SYGERGVIEXIERI[
QIWWEKI
8SYGLXLI%TTPMGEXMSRWXEF
EXXLIFSXXSQSJXLIWGVIIR=SY
GERXLIRZMI[EPP]SYVMRWXEPPIH
ETTPMGEXMSRW.YWXXSYGLXSWGVSPP
XLVSYKL]SYVETTPMGEXMSRW
8SSTIRXLIHIWMVIHETTPMGEXMSR
WMQTP]XSYGLXLIMGSRMRXLI
ETTPMGEXMSRWPMWX
238)4VIPSEHIHETTPMGEXMSRWQE]
FIHMJJIVIRXHITIRHMRKSR]SYV
TLSRItWWSJX[EVISV]SYVWIVZMGI
TVSZMHIV
=SYV,SQIWGVIIR

7IXXMRKXLIRYQFIVSJ
LSQIWGVIIRW
8SYGLXLI1IRYOI]JVSQXLI
LSQIWGVIIRERHWIPIGX,SQI
WIXXMRKW7IPIGXXLIHIWMVIH
RYQFIVSJLSQIWGVIIRWERH
TVIWW3/
%HHMRK[MHKIXWXS]SYV
LSQIWGVIIR
=SYGERGYWXSQMWI]SYVLSQI
WGVIIRF]EHHMRKWLSVXGYXW
[MHKIXWSVJSPHIVWXSMX*SVQSVI
GSRZIRMIRGI[LIRYWMRK]SYV
TLSRIEHH]SYVJEZSYVMXI[MHKIXW
XSXLILSQIWGVIIR
8SEHHEHIWMVIHMGSRXS]SYV
LSQIWGVIIR
3RXLILSQIWGVIIRXSYGLXLI
1IRYOI]ERHWIPIGX%HH3V
PSRKXSYGLXLIIQTX]TEVXSJ
XLILSQIWGVIIR
3RXLI%HHXS,SQIWGVIIR
QIRYXSYGLXLIX]TISJMXIQ
]SY[ERXXSEHH


*SVI\EQTPIWIPIGX*SPHIVW
JVSQXLIPMWXERHXETMX
7IPIGX'SRXEGXW[MXLTLSRI
RYQFIVWJVSQXLIPMWXERH
XETMX
=SY[MPPWIIERI[JSPHIVtWMGSR
SRXLILSQIWGVIIR(VEKMX
XSXLIHIWMVIHPSGEXMSRSRXLI
HIWMVIHTERIPERHVIPIEWI]SYV
JMRKIVJVSQXLIWGVIIR
8-48SEHHERETTPMGEXMSR
MGSRXSXLILSQIWGVIIRSR
XLI%TTPMGEXMSRWQIRYXSYGL
ERHLSPHXLIETTPMGEXMSR]SY
[ERXXSEHH
8SVIQSZIERETTPMGEXMSRMGSR
JVSQXLILSQIWGVIIR
8SYGLERHLSPHXLIMGSR]SY
[ERXXSVIQSZI
(VEKERHHVSTERETTPMGEXMSR
MGSRXSXLIFMRMGSR





238)=SYGERRSXHIPIXIXLI
TVIPSEHIHETTPMGEXMSRW3RP]XLIMV
MGSRWGERFIHIPIXIHJVSQXLI
WGVIIR
+IXXMRKFEGOXSEVIGIRXP]
YWIHETTPMGEXMSR
8SYGLERHLSPHXLI,SQIOI]
8LIWGVIIR[MPPWLS[]SYETST
YT[MXLMGSRWSJETTPMGEXMSRW
XLEX]SYLEZIYWIHVIGIRXP]
8SYGLERMGSRXSSTIRMXW
ETTPMGEXMSR3VXSYGLXLI&EGO
OI]XSVIXYVRXSXLIGYVVIRX
ETTPMGEXMSR
,SQITVIZMI[JYRGXMSR
=SYGERQSZIXSXLILSQI
TVIZMI[WGVIIRF]TPEGMRKX[S
JMRKIVWSRXLILSQIWGVIIRERH
FVMRKMRKXLIQGPSWIVXSKIXLIV
=SYGERQSZIFEGOXSXLILSQI
WGVIIRF]TPEGMRKX[SJMRKIVW
SRLSQITVIZMI[WGVIIRERH
WTVIEHMRKXLIQJEVXLIVETEVX


'ETXYVMRKXLIWGVIIR
-J]SYXSYGLERHLSPHXLI,SQI
OI]ERHTVIWW4S[IV0SGOOI]EX
XLIWEQIXMQIXLIGYVVIRXMQEKI
SRXLIWGVIIRMWGETXYVIH[MXLE
GEQIVEWLYXXIVWSYRHIJJIGX=SY
GERJMRHXLIGETXYVIHMQEKIMR
XLI+EPPIV]2SXIXLEX]SYGERRSX
GETXYVIERMQEKIJVSQEZMHIS
2SXMJMGEXMSRHVE[IV
8LIRSXMJMGEXMSRHVE[IVVYRW
EGVSWWXLIXSTSJ]SYVWGVIIR
%YXS
VSXEXI
+47&PYIXSSXL
;M*M
6MRK
8SYGLERHWPMHIXLIRSXMJMGEXMSR
HVE[IVHS[R[MXL]SYVJMRKIV
=SYV,SQIWGVIIR

3VSRXLILSQIWGVIIRXSYGL
XLI1IRYOI]ERHWIPIGX
2SXMJMGEXMSRW,IVI]SYGER
GLIGOERHQEREKIWSYRH
;M*M&PYIXSSXL+47ERH%YXS
VSXEXIWXEXYWEW[IPPEWSXLIV
RSXMJMGEXMSRW
:MI[MRKXLIWXEXYWFEV
8LIWXEXYWFEVYWIWHMJJIVIRXMGSRW
XSHMWTPE]TLSRIMRJSVQEXMSRWYGL
EWWMKREPWXVIRKXLRI[QIWWEKIW
FEXXIV]PMJIERHEGXMZI&PYIXSSXL
ERHHEXEGSRRIGXMSRW
&IPS[MWEXEFPII\TPEMRMRKXLI
QIERMRKSJMGSRW]SYEVIPMOIP]XS
WIIMRXLIWXEXYWFEV
?7XEXYWFEVA
-GSR (IWGVMTXMSR
2S7-1GEVH
2SWMKREP
%MVTPERIQSHI
'SRRIGXIHXSE;M*M
RIX[SVO
;MVIHLIEHWIX
'EPPMRTVSKVIWW
'EPPLSPH
7TIEOIVTLSRI
4LSRIQMGVSTLSRIMW
QYXIH
1MWWIHGEPP

-GSR (IWGVMTXMSR
&PYIXSSXLMWSR
'SRRIGXIHXSE&PYIXSSXL
HIZMGI
7]WXIQ[EVRMRK
%PEVQMWWIX
2I[ZSMGIQEMP
6MRKIVMWWMPIRGIH
:MFVEXIQSHI
&EXXIV]JYPP]GLEVKIH
&EXXIV]MWGLEVKMRK
(EXEMRERHSYX
4LSRIMWGSRRIGXIHXS4'
ZME97&GEFPI
(S[RPSEHMRKHEXE
9TPSEHMRKHEXE
+47MWEGUYMVMRK
-GSR (IWGVMTXMSR
6IGIMZMRKPSGEXMSRHEXE
JVSQ+47
3R7GVIIR4LSRIGSRRIGXIH
QSVIRSXMJMGEXMSRWRSX
HMWTPE]IH
(EXEMWW]RGMRK
(S[RPSEHJMRMWLIH
2I[+QEMP
2I[+SSKPI8EPO
QIWWEKI
2I[QIWWEKI
7SRKMWTPE]MRK
9TGSQMRKIZIRX
*1VEHMSXYVRIHSRMRXLI
FEGOKVSYRH
97&XIXLIVMRKMWEGXMZI
=SYV,SQIWGVIIR

-GSR (IWGVMTXMSR
4SVXEFPI;M*MLSXWTSX
MWEGXMZI
&SXL97&XIXLIVMRKERH
TSVXEFPILSXWTSXEVI
EGXMZI
3RWGVIIROI]FSEVH
=SYGERIRXIVXI\XYWMRKXLI
SRWGVIIROI]FSEVH8LISRWGVIIR
OI]FSEVHETTIEVWEYXSQEXMGEPP]
SRXLIWGVIIR[LIR]SYRIIHXS
IRXIVXI\X8SQERYEPP]HMWTPE]XLI
OI]FSEVHWMQTP]XSYGLEXI\XJMIPH
[LIVI]SY[ERXXSIRXIVXI\X
9WMRKXLIOI]TEHIRXIVMRKXI\X
8ETSRGIXSGETMXEPMWIXLI
RI\XPIXXIV]SYX]TI(SYFPIXET
JSVEPPGETW
8ETXSW[MXGLXSXLI
RYQIVMGERHW]QFSPOI]FSEVH=SY
GEREPWSXSYGLERHLSPHXLMWXEFXS
ZMI[XLIWIXXMRKWQIRY
8ETXSZMI[SVPSRKTVIWWXS
GLERKIXLI[VMXMRKPERKYEKI
8ETXSMRWIVXXLIIQSXMGSR]SY
TVIJIV[LMGL[VMXMRKEQIWWEKI
8ETXSIRXIVEWTEGI
8ETXSGVIEXIERI[PMRIMR
XLIQIWWEKIJMIPH
8ETXSHIPIXIXLITVIZMSYW
GLEVEGXIV
8ETXSLMHIXLISRWGVIIR
OI]FSEVH
)RXIVMRKEGGIRXIHPIXXIVW
;LIR]SYWIPIGX*VIRGLSV
7TERMWLEWXLIXI\XIRXV]PERKYEKI
]SYGERIRXIVWTIGMEP*VIRGLSV
7TERMWLGLEVEGXIVWIKqÅr
*SVI\EQTPIXSMRTYXÅXSYGL
ERHLSPHXLIEOI]YRXMPXLI
^SSQMROI]KVS[WFMKKIVERH
HMWTPE]WEPPXLISXLIVGLEVEGXIVW
SJHMJJIVIRXPERKYEKIWJSVXLI
EPTLEFIX
%RHRS[]SYGERWIPIGXXLI
WTIGMEPGLEVEGXIV]SY[ERX

1EOMRKEZSMGIGEPP
8SYGL XSSTIRXLIOI]TEH
)RXIVXLIRYQFIVSRXLI
OI]TEH8SHIPIXIEHMKMXXSYGL
'PIEVMGSR
8SYGL'EPPMGSR XSQEOI
EGEPP
8SIRHEGEPPXSYGL)RHMGSR
8-4
8SIRXIVqrXSQEOI
MRXIVREXMSREPGEPPWXSYGLERH
LSPHHS[R
8-4
8SFVMRKYTXLIOI]TEH
HYVMRKEGEPPXSYGL(MEPTEH
1EOMRKEZMHISGEPP
8SYGL XSSTIRXLIOI]TEH
)RXIVXLITLSRIRYQFIVEW
FIJSVI
8SYGL:MHISGEPPMGSRXS
QEOIEZMHISGEPP







-J]SYHSRSX[ERXXSYWIXLI
WTIEOIVTLSRIXSYGL7TIEOIV
MGSRERHIRWYVI]SYLEZIXLI
LIEHWIXTPYKKIHMR
;LMPIXLIZMHISGEPPMW
GSRRIGXMRK]SY[MPPWII]SYV
S[RMQEKIEJXIVXLISXLIV
TEVX]LEWERW[IVIHXLIMV
MQEKI[MPPFIHMWTPE]IHSRXLI
WGVIIR%HNYWXXLIMRRIVGEQIVE
TSWMXMSRMJRIGIWWEV]
8SIRHEZMHISGEPPXSYGL)RH
MGSR
238)
-J]SYWIX9WITVMZEXIMQEKI
MRXLI:MHISGEPPWIXXMRKWXLI
TIVWSRSRXLIZMHISGEPPWIIW
XLIMQEKI]SYWIXRSXEPMZI
MQEKI
=SYGERWLS[]SYVMQEKI
XLVSYKLIMXLIVXLIJVSRXSVVIEV
GEQIVE
8LIUYEPMX]SJXLIZMHISGEPP
MQEKIERHWSYRHQE]ZEV]
HITIRHMRKSRXLIFEWIWXEXMSR



d
d
d
'EPPW'SRXEGXW

'EPPMRK]SYVGSRXEGXW
8SYGL XSSTIR]SYV
GSRXEGXW
7GVSPPXLVSYKLXLIGSRXEGXPMWX
SVIRXIVXLIJMVWXPIXXIVWSJXLI
GSRXEGX]SY[ERXXSGEPPF]
XSYGLMRK7IEVGL
-RXLIPMWXXSYGLXLIGSRXEGX
]SY[ERXXSGEPP
%RW[IVMRKERHVINIGXMRK
EGEPP
;LIRWGVIIRPSGOIH
;LIR]SYVTLSRIVMRKWHVEK
%GGITXMGSRXSXLIVMKLX
(VEK6INIGXMGSRXSXLIPIJX
VINIGXERMRGSQMRKGEPP
;LIRWGVIIRMWYRPSGOIH
;LIR]SYVTLSRIVMRKWXSYGL
%GGITXMGSR8SYGL6INIGX
MGSR XSVINIGXERMRGSQMRKGEPP



8-4)\GYWIQIWWEKIW
;LIR]SYVINIGXEGEPP]SY
GERWIRHEQIWWEKIUYMGOP]
F]XSYGLMRK7IRH7178LMWMW
YWIJYPMJ]SYRIIHXSVITP]XLI
QIWWEKIHYVMRKEQIIXMRK
%HNYWXMRKGEPPZSPYQI
8SEHNYWXXLIMRGEPPZSPYQIHYVMRK
EGEPPYWIZSPYQIYTHS[ROI]
SRXLIVMKLXWMHISJXLITLSRI
1EOMRKEWIGSRHGEPP
(YVMRK]SYVMRMXMEPGEPPXSYGL
%HHGEPP
(MEPXLIRYQFIVSVWIEVGL]SYV
GSRXEGXWXSWIPIGXXLIRYQFIV
]SY[ERXXSGEPP
8SYGL'EPPMGSR XSGSRRIGX
XLIGEPP
&SXLGEPPW[MPPFIHMWTPE]IHSR
XLIGEPPWGVIIR=SYVMRMXMEPGEPP
[MPPFIPSGOIHERHTYXSRLSPH
8SYGL7[ETXSXSKKPI
FIX[IIRGEPPW






238)=SYGERXSYGL1IVKIGEPPW
XSQEOIEGSRJIVIRGIGEPP
8SIRHEGXMZIGEPPWXSYGL)RH
MGSR
:MI[MRK]SYVGEPPPSKW
3RXLILSQIWGVIIRXSYGL
ERHGLSSWI'EPPPSKXEF
:MI[EGSQTPIXIPMWXSJEPPHMEPPIH
VIGIMZIHERHQMWWIHGEPPW
8-48SYGLER]WMRKPI
GEPPPSKIRXV]XSZMI[XLIHEXI
XMQIERHHYVEXMSRSJXLIGEPP
8-48SYGLXLI1IRY
OI]XLIRXSYGL(IPIXIEPPXS
HIPIXIEPPXLIVIGSVHIHMXIQW
'EPPWIXXMRKW
=SYGERGSRJMKYVITLSRIGEPP
WIXXMRKWWYGLEWGEPPJSV[EVHMRK
ERHSXLIVWTIGMEPJIEXYVIWSJJIVIH
F]]SYVGEVVMIV

3RXLILSQIWGVIIRXSYGLXLI
%TTPMGEXMSRWXEFXSSTIRXLI
ETTPMGEXMSRWQIRY
7GVSPPERHXSYGL7IXXMRKW
8ET'EPPWIXXMRKWERHGLSSWI
STXMSRWXLEX]SY[ERXXSEHNYWX
*M\IH(MEPPMRK2YQFIVW"
7IPIGX*M\IH(MEPPMRK2YQFIVW
XSXYVRSRERHGSQTMPIEPMWXSJ
RYQFIVWXLEXGERFIGEPPIHJVSQ
]SYVTLSRI=SYtPPRIIH]SYV4-2
GSHI[LMGLMWEZEMPEFPIJVSQ]SYV
STIVEXSV3RP]RYQFIVW[MXLMRXLI
JM\IHHMEPPMWXGERFIGEPPIHJVSQ
]SYVTLSRI
:SMGIQEMP"
:SMGIQEMPWIVZMGIi%PPS[W]SY
XSWIPIGX]SYVGEVVMIVtWZSMGIQEMP
WIVZMGI
:SMGIQEMPWIXXMRKWi-J]SYEVI
YWMRK]SYVGEVVMIVtWZSMGIQEMP
WIVZMGIXLMWSTXMSREPPS[W]SYXS
IRXIVXLITLSRIRYQFIVXSYWI
JSVPMWXIRMRKXSERHQEREKMRK]SYV
ZSMGIQEMP



'EPPW'SRXEGXW

3XLIVGEPPWIXXMRKW"
'EPPJSV[EVHMRKi'LSSWI
[LIXLIVXSHMZIVXEPPGEPPW[LIR
XLIPMRIMWFYW][LIRXLIVIMWRS
ERW[IVERH[LIR]SYEVISYXSJ
VIEGL
%HHMXMSREPWIXXMRKWi8LMWPIXW
]SYGLERKIXLIJSPPS[MRKWIXXMRKW
'EPPIV-('LSSWI[LIXLIV
XSHMWTPE]]SYVRYQFIVSRER
SYXKSMRKGEPP
'EPP[EMXMRK-JGEPP[EMXMRK
MWEGXMZEXIHXLILERHWIX[MPP
RSXMJ]]SYSJERMRGSQMRKGEPP
[LMPI]SYEVISRXLITLSRI
HITIRHMRKSR]SYVRIX[SVO
TVSZMHIV
7IPIGXPMRI
'EPPFEVVMRKi7IPIGX[LIR]SY
[SYPHPMOIGEPPWXSFIFEVVIH)RXIV
XLIGEPPFEVVMRKTEWW[SVH4PIEWI
GLIGO[MXL]SYVRIX[SVOSTIVEXSV
EFSYXXLMWWIVZMGI
d
d
d
'EPPGSWXWi:MI[XLIGLEVKIW
ETTPMIHXS]SYVGEPPW8LMWWIVZMGI
MWRIX[SVOHITIRHIRXWSQI
STIVEXSVWHSRSXWYTTSVXXLMW
JYRGXMSR
'EPPHYVEXMSRi:MI[XLIHYVEXMSR
SJEPPGEPPWMRGPYHMRKEPPHMEPPIH
GEPPWVIGIMZIHGEPPWERHPEWXGEPP
)\GYWIQIWWEKIWi;LIR]SY
[ERXXSVINIGXEGEPP]SYGERWIRH
EQIWWEKIUYMGOP]F]YWMRKXLMW
JYRGXMSR8LMWMWYWIJYPMJ]SYRIIH
XSVITP]XLIQIWWEKIHYVMRKE
QIIXMRK
:MHISGEPPWIXXMRKWi'LERKI
]SYVZMHISGEPPWIXXMRKW
'SRXEGXW
=SYGEREHHGSRXEGXWSR]SYV
TLSRIERHW]RGLVSRMWIXLIQ
[MXLXLIGSRXEGXWMR]SYV+SSKPI
EGGSYRXSVSXLIVEGGSYRXWXLEX
WYTTSVXW]RGMRKGSRXEGXW

7IEVGLMRKJSVEGSRXEGX
3RXLILSQIWGVIIRXSYGL
XSSTIR]SYVGSRXEGXW
8SYGL7IEVGLERHIRXIVXLI
GSRXEGXREQIYWMRKXLIOI]TEH
%HHMRKERI[GSRXEGX
3RXLILSQIWGVIIRXSYGL
ERHIRXIVXLIRI[GSRXEGXtW
RYQFIV8LIRXSYGLXLI1IRYOI]
ERHXSYGL%HHXSGSRXEGXWERH
XLIRXSYGL'VIEXIRI[GSRXEGX
-J]SY[ERXXSEHHETMGXYVIXS
XLIRI[GSRXEGXXSYGL 
'LSSWIJVSQ8EOIETMGXYVISV
4MGOJVSQKEPPIV]
7IPIGXXLIGSRXEGXX]TIF]
XSYGLMRK
8SYGLEXI\XJMIPHXSSTIRXLI
XSYGLOI]FSEVHERHIRXIVE
RI[GSRXEGXtWREQI
8SYGLHMJJIVIRXGEXIKSV]SJ
GSRXEGXMRJSVQEXMSRERHIRXIV
XLIHIXEMPWEFSYX]SYVGSRXEGX
8SYGL7EZIXSWEZIXLIGSRXEGX








*EZSYVMXIGSRXEGXW
=SYGERGPEWWMJ]JVIUYIRXP]GEPPIH
GSRXEGXWEWJEZSYVMXIW
8SEHHEGSRXEGXXS]SYVJEZSYVMXIW
3RXLILSQIWGVIIRXSYGL
XSSTIR]SYVGSRXEGXW
8SYGLEGSRXEGXXSZMI[XLIMV
HIXEMPW
8SYGLXLIWXEVXSXLIVMKLXSJ
XLIGSRXEGXtWREQI8LIWXEV
XYVRWKSPH
8LIJEZSVMXIWGSRXEGX[MPPFI
WEZIHYRHIVKVSYTWEW*EZSVMXIW
8SVIQSZIEGSRXEGXJVSQ]SYV
JEZSYVMXIWPMWX
3RXLILSQIWGVIIRXSYGL
XSSTIR]SYVGSRXEGXW
8SYGL+VSYTWXEFERHWIPIGX
*EZSVMXIW8SYGLEGSRXEGXXS
ZMI[XLIMVHIXEMPW
8SYGLXLIKSPHWXEVXSXLIVMKLX
SJXLIGSRXEGXtWREQI8LIWXEV
XYVRWKVI]ERHXLIGSRXEGXMW
VIQSZIHJVSQ]SYVJEZSYVMXIW







'EPPW'SRXEGXW

1IWWEKMRK)QEMP
1IWWEKMRK
=SYV0+4LGSQFMRIW717
ERH117MRXSSRIMRXYMXMZIIEW]
XSYWIQIRY
7IRHMRKEQIWWEKI
8SYGL MGSRSRXLILSQI
WGVIIRERHXSYGL2I[
QIWWEKIXSSTIREFPERO
QIWWEKI
)RXIVEGSRXEGXREQISVGEPP
RYQFIVMRXLI8SJMIPH%W
]SYIRXIVXLIGSRXEGXREQI
QEXGLMRKGSRXEGXWETTIEV
=SYGERXSYGLEWYKKIWXIH
VIGMTMIRX=SYGEREHHQYPXMTPI
GSRXEGXW
238)=SY[MPPFIGLEVKIHJSVE
XI\XQIWWEKIJSVIZIV]TIVWSR]SY
WIRHXLIQIWWEKIXS
8SYGL8]TIXSGSQTSWIFIPS[
XSWXEVXIRXIVMRK]SYVQIWWEKI
8SYGL7IRHXSWIRH]SYV
QIWWEKI




8-4=SYGERXSYGL MGSRXS
EXXEGLXLIJMPI]SY[ERXXSWLEVI
[MXL]SYVQIWWEKI
6IWTSRWIWETTIEVSRXLI
WGVIIR%W]SYZMI[ERH
WIRHEHHMXMSREPQIWWEKIWE
QIWWEKIXLVIEHMWGVIEXIH
;%62-2+
8LIGLEVEGXIVPMQMXQE]
ZEV]JVSQGSYRXV]XSGSYRXV]
HITIRHMRKSRLS[XLI717
MWGSHIHERHXLIPERKYEKI
;%62-2+
-JERMQEKIZMHISSVEYHMSwPI
MWEHHIHXSER717QIWWEKI
MX[MPPFIEYXSQEXMGEPP]
GSRZIVXIHMRXSER117
QIWWEKIERH]SY[MPPFI
GLEVKIHEGGSVHMRKP]


7IPIGXXLI)QEMPWLSVXGYXMGSR
SRXLILSQIWGVIIRXSQSZIXS
XLIPMWXSJIQEMPEGGSYRXW
0MOI[MWIMJ]SYWIPIGXXLI
WLSVXGYXMGSRSJEREGGSYRX
SRXLILSQIWGVIIR]SY
GERQSZIXSXLIMRFS\SJXLI
GSVVIWTSRHMRKEGGSYRX
8LI%GGSYRXWWGVIIR
8LI%GGSYRXWWGVIIRPMWXW]SYV
'SQFMRIHMRFS\ERHIEGLSJ
]SYVIQEMPEGGSYRXW
3TIRXLI)QEMPETTPMGEXMSR
-J]SYtVIRSXSRXLIIQEMP
EGGSYRXWGVIIRXSYGLXLI
1IRYOI]ERHXSYGL2I[
7IPIGXXLIIQEMPWIVZMGI
TVSZMHIV
=SYGERXSYGLEREGGSYRXXSZMI[
MXW'SQFMRIHMRFS\8LIEGGSYRX
JVSQ[LMGL]SYWIRHIQEMPF]
HIJEYPXMWMRHMGEXIH[MXLEXMGO
d


8SSTIR]SYV'SQFMRIHMRFS\
-J]SYLEZIGSRJMKYVIHIQEMPXS
WIRHERHVIGIMZIIQEMPJVSQQSVI
XLERSRIEGGSYRX]SYGERZMI[EPP
QIWWEKIWWIRXXSEPPEGGSYRXWMR
]SYV'SQFMRIHMRFS\
3TIRXLI)QEMPETTPMGEXMSR
8SYGL'SQFMRIHMRFS\MRXLI
%GGSYRXWWGVIIR1IWWEKIW
MRXLI'SQFMRIHMRFS\EVI
GSPSYVGSHIHEPSRKXLIMVPIJX
WMHIWF]EGGSYRXYWMRKXLI
WEQIGSPSYVWXLEXEVIYWIHJSV
]SYVEGGSYRXWMRXLI%GGSYRXW
WGVIIR
'SQTSWMRKERHWIRHMRK
IQEMP
8SGSQTSWIERHWIRHEQIWWEKI
;LMPIMRXLI)QEMPETTPMGEXMSR
XSYGLXLI1IRYOI]ERHXSYGL
'SQTSWI
)RXIVEREHHVIWWJSVXLI
QIWWEKItWMRXIRHIHVIGMTMIRX





%W]SYIRXIVXI\XQEXGLMRK
EHHVIWWIWEVISJJIVIHJVSQ
]SYVGSRXEGXW7ITEVEXIQYPXMTPI
EHHVIWWIW[MXLGSQQEW
8SYGLXLI1IRYOI]ERHXSYGL
%HH''&''XSFIEFPIXS''
SV&''SXLIVGSRXEGXWIQEMP
EHHVIWWIW
)RXIVXLIXI\XSJXLIQIWWEKI
8SYGL%XXEGLXSEXXEGLXLIJMPI
]SY[ERXXSWLEVI[MXL]SYV
QIWWEKI
8SYGL7IRH
-J]SYtVIRSXVIEH]XSWIRHXLI
QIWWEKIXSYGLXLI1IRY
OI]ERHXSYGL7EZIEW(VEJX
XSWEZIMXMRE(VEJXWJSPHIV
8SYGLEHVEJXQIWWEKIMR
E(VEJXWJSPHIVXSVIWYQI
[SVOMRKSRMX=SYVQIWWEKI
[MPPEPWSFIWEZIHEWEHVEJXMJ
]SYXSYGLXLI&EGOOI]
ERHXETSR]IWMRWEZIEW




HVEJXTSTYTFIJSVIWIRHMRK
MX-J]SYEVIRtXGSRRIGXIHXSE
RIX[SVOJSVI\EQTPIMJ]SYtVI
[SVOMRKMREMVTPERIQSHIXLI
QIWWEKIWXLEX]SYWIRHEVI
WXSVIHMR]SYV3YXFS\JSPHIV
YRXMP]SYtVIGSRRIGXIHXSE
RIX[SVOEKEMR-JMXGSRXEMRW
ER]TIRHMRKQIWWEKIWXLI
3YXFS\MWHMWTPE]IHSRXLI
)QEMPC%GGSYRXWWGVIIR
4PIEWIRSXIXLEXQIWWEKIWWIRX
YWMRKER)\GLERKIEGGSYRX[MPP
RSXFIPSGEXIHSRXLITLSRIXLI]
[MPPLS[IZIVFIPSGEXIHSRXLI
)\GLERKIWIVZIVMXWIPJ
-J]SY[ERXXSWII]SYVWIRX
QIWWEKIWMRXLI7IRXJSPHIVSV
[MXLXLI7IRXPEFIP]SY[MPPSJXIR
RIIHXSSTIRXLI7IRXJSPHIVPEFIP
ERHWIPIGX6IJVIWLJVSQXLI
STXMSRWQIRY
1IWWEKMRK)QEMP

;SVOMRK[MXLEGGSYRX
JSPHIVW
)EGLEGGSYRXLEW-RFS\3YXFS\
7IRX(VEJXW8VEWLERH.YRO
JSPHIVW(ITIRHMRKSRXLIJIEXYVIW
WYTTSVXIHF]]SYVEGGSYRXtW
WIVZMGITVSZMHIV]SYQE]LEZI
EHHMXMSREPJSPHIVW
%HHMRKERHIHMXMRKIQEMP
EGGSYRXW
8SEHHERIQEMPEGGSYRX
8SYGLXLI1IRYOI]ERHXSYGL
2I[
7IPIGX17)\GLERKISV
3XLIVW
)RXIVEREQIJSVXLIEGGSYRX
GSRJMVQLS[]SY[ERX]SYV
REQIXSETTIEVMRSYXKSMRK
QEMPXLIRXSYGL(SRI



8SGLERKIEGGSYRXWIXXMRKW
3TIRXLI)QEMP%GGSYRXW
WGVIIR
8SYGLXLI1IRYOI]ERHXSYGL
7IXXMRKW8SYGLERHLSPHXLI
EGGSYRX[LMGL]SY[ERXXS
GLERKIXLIWIXXMRKWSJ



'EQIVE
+IXXMRKXSORS[XLIZMI[JMRHIV
238)-RMRXIVREPGEQIVEQSHI]SYGERRSXIREFPIXLI^SSQSVxEWL
JYRGXMSR
'SRZIVX=SYGERGSRZIVXXSXLIMRXIVREPGEQIVEJVSQXLII\XIVREP
SRI
>SSQ>SSQMRSV^SSQSYX%PXIVREXMZIP]]SYGERYWIXLIWMHI
ZSPYQIOI]W
7IXXMRKW8SYGLXLMWMGSRXSSTIR
XLIWIXXMRKWQIRY7II9WMRKXLI
EHZERGIHWIXXMRKW
*PEWL%PPS[W]SYXSXYVRSRXLIJPEWL[LIRXEOMRKETLSXSMREHEVOTPEGI
&VMKLXRIWW8LMWHIJMRIWERHGSRXVSPWSJXLIEQSYRXSJWYRPMKLXIRXIVMRK
XLIMQEKI7PMHIXLIFVMKLXRIWWMRHMGEXSVEPSRKXLIFEVXS[EVHWqrXS
PS[IVXLIFVMKLXRIWWSJXLIMQEKISVXS[EVHWqrXSMRGVIEWIMX
:MHISQSHI7PMHIHS[RXLMW
MGSRXSW[MXGLXSZMHISQSHI
8EOMRKETLSXS
+EPPIV]8SYGLXSZMI[XLI
PEWXTLSXS]SYGETXYVIH8LMW
IREFPIW]SYXSEGGIWW]SYV
KEPPIV]ERHZMI[WEZIHTLSXSW
JVSQ[MXLMRGEQIVEQSHI
8-4=SYGERGPSWIEPPXLIWLSVXGYXSTXMSRWXSKMZIEGPIEVIVZMI[JMRHIV
WGVIIR.YWXXSYGLXLIGIRXVISJXLIZMI[JMRHIVSRGI8SVIGEPPXLI
STXMSRWXSYGLXLIWGVIIREKEMR

8EOMRKEUYMGOTLSXS
3TIRXLI'EQIVEETTPMGEXMSR
,SPHMRKXLITLSRILSVM^SRXEPP]
TSMRXXLIPIRWXS[EVHW
XLIWYFNIGX]SY[ERXXS
TLSXSKVETL
8SYGLXLIWLYXXIVMGSR
8LIGEQIVEFVMRKWXLIMQEKI
MRXSJSGYW;LIRXLIMQEKIMW
MRJSGYWXLIJSGYWMRHMGEXSVWMR
IEGLGSVRIVXYVRKVIIRERHXLI
GEQIVEXEOIWETMGXYVI
2SXMGI%WLEHMRKMWWYIQE]
SGGYV[LIR]SYXV]XSXEOI
ETMGXYVIMRHSSVWHYIXSXLI
GLEVEGXIVMWXMGWSJGEQIVE8LI
QIERMRKSJWLEHMRKMWEPMXXPI
GSPSYVHMJJIVIRGIFIX[IIR
GIRXVIERHWMHI
3RGI]SYtZIXEOIRXLI
TLSXS
=SYVGETXYVIHTLSXS[MPPETTIEVSR
XLIWGVIIR




7LEVI
8SYGLXSWLEVI]SYV
TLSXSEW&PYIXSSXL
)QEMP*EGIFSSOJSV
0++QEMP1IWWEKMRK
1]7TEGIJSV0+4MGEWE
SV8[MXXIVJSV0+
238)
%HHMXMSREPGLEVKIWQE]
ETTP][LIR117QIWWEKIWEVI
YTPSEHIHERHSVHS[RPSEHIH
[LMPIVSEQMRK
8-4-J]SYLEZIEWSGMEP
RIX[SVOMRKWMXIEGGSYRXERHWIXMX
YTSR]SYVTLSRI]SYGERWLEVI
]SYVTLSXSWXS]SYVGSQQYRMX]
7IXEW
8SYGLXSWIXXLIMQEKI
EW'SRXEGXMGSRSV
;EPPTETIV
6IREQI
8SYGLXSIHMXXLIREQI
SJXLIWIPIGXIHTMGXYVI
8SYGLXSHIPIXIXLIMQEKI
8SYGLXSXEOIERSXLIVTLSXS
MQQIHMEXIP]=SYVGYVVIRX
TLSXS[MPPFIWEZIH

8SYGLXSZMI[PEWXTLSXS]SY
GETXYVIH
9WMRKXLIEHZERGIH
WIXXMRKW
-RXLIZMI[JMRHIVXSYGL XS
STIREPPEHZERGIHSTXMSRW
=SYGERGLERKIXLIGEQIVE
WIXXMRKWF]WGVSPPMRKXLIPMWX%JXIV
WIPIGXMRKXLISTXMSRXSYGLXLI
&EGOOI]
-QEKIWM^Ii8SYGLXSWIXXLIWM^I
MRTM\IPWSJXLITMGXYVI]SYEVI
XEOMRK7IPIGXETM\IPZEPYIJVSQ
XLISTXMSRW1\1
\1\
1\1\
:+%\5:+%\
238)3TXMSRWJSV-QEKIWM^I
QE]ZEV]HITIRHMRKSRXLI
GEQIVEQSHI
*SGYWi8SYGLXLMWMGSRXSWIPIGX
XLISTXMSRWQIRY7II9WMRKXLI
JSGYWQSHI
7GIRIQSHIi'LSSWIJVSQ
%YXS4SVXVEMX0ERHWGETI
7TSVXW7YRWIXERH2MKLX
-73i8LI-73VEXMRKHIXIVQMRIW
XLIWIRWMXMZMX]SJXLIGEQIVEtW
PMKLXWIRWSV8LILMKLIVXLI-73
XLIQSVIWIRWMXMZIXLIGEQIVE
[MPPFI8LMWMWYWIJYPYRHIVHEVOIV
GSRHMXMSRW[LIR]SYGERRSXYWI
XLIJPEWL7IPIGXJVSQ-73ZEPYIWSJ
%YXSERH
;LMXIFEPERGIi'LSSWIJVSQ
%YXS-RGERHIWGIRX7YRR]
*PYSVIWGIRXERH'PSYH]
'SPSVIJJIGXi'LSSWIEGSPSYV
XSRIJSV]SYVRI[TLSXS
238)
3TXMSRWJSV'SPSVIJJIGXQE]
ZEV]HITIRHMRKSRXLIGEQIVE
QSHI
7SPEVM^IJSV'SPSVIJJIGXMWSRP]
WYTTSVXIHMRMRXIVREPGEQIVE
QSHI
&PYI)QFSWW4SWXIVM^I
ERH:MZMHJSV'SPSVIJJIGX
d
d
d
'EQIVE

EVIWYTTSVXIHSRP]MRI\XIVREP
GEQIVEQSHI
8MQIVi8LIWIPJXMQIVEPPS[W]SY
XSWIXEHIPE]EJXIVXLIWLYXXIVMW
TVIWWIH7IPIGXSJJWIGSRHW
WIGSRHWSVWIGSRHW8LMWMW
MHIEPMJ]SY[ERXXSFIMRGPYHIHMR
ETLSXS
7LSXQSHIi7IPIGXZEVMSYW
WLSSXMRKQSHIJVSQXLISTXMSRW
'LSSWIJVSQ2SVQEP'SRXMRYSYW
WLSX3YXJSGYWMRKWLSX7QMPI
WLSX&IEYX]WLSX%VXWLSX
4ERSVEQEWLSXERH7XMXGLWLSX
-QEKIUYEPMX]i'LSSWIJVSQ
7YTIVJMRI*MRIERH2SVQEP
8LIJMRIVXLIUYEPMX]XLIWLEVTIV
XLITLSXS,S[IZIVXLIJMPIWM^I
[MPPMRGVIEWIEWEVIWYPX[LMGL
QIERW]SYtPPFIEFPIXSWXSVI
JI[IVTLSXSWMRXLIQIQSV]
7XEFMPM^EXMSRi7IPIGX3RXS
GSQTIRWEXIJSVYRWXIEH]LERHW
%YXSVIZMI[i-J]SYWIX%YXS
VIZMI[XS3RMX[MPPWLS[]SY
XLITMGXYVI]SYLEZINYWXXEOIR
EYXSQEXMGEPP]
7LYXXIVWSYRHi7IPIGXSRISJ
XLIJSYVWLYXXIVWSYRHW
8EKPSGEXMSRi%GXMZEXIXSYWI
]SYVTLSRItWPSGEXMSRFEWIH
WIVZMGIW8EOITMGXYVIW[LIVIZIV
]SYEVIERHXEKXLIQ[MXLXLI
PSGEXMSR-J]SYYTPSEHXEKKIH
TMGXYVIWXSEFPSKXLEXWYTTSVXW
KISXEKKMRK]SYGERWIIXLI
TMGXYVIWHMWTPE]IHSREQET
238)
8LMWJYRGXMSRMWEZEMPEFPI
[LIR+47ERH+467MWEGXMZISV
;47MWGSRRIGXIH
7XSVEKIi'LSSWI[LIXLIVXS
WEZI]SYVTLSXSWXSXLITLSRI
QIQSV]SVXSXLII\XIVREP
QIQSV]
6IWXSVIEPPGEQIVEHIJEYPX
WIXXMRKW
8SYGL[LIRIZIV]SY[ERX
XSORS[LS[XLMWJYRGXMSR
STIVEXIW8LMW[MPPTVSZMHI]SY
EUYMGOKYMHI

8-4
;LIR]SYI\MXXLI
GEQIVEEPPWIXXMRKW[MPPVIXYVR
XSXLIMVHIJEYPXWI\GITXMQEKI
WM^IERHMQEKIUYEPMX]%R]
RSRHIJEYPXWIXXMRKWQYWXFI
VIWIXWYGLEWGSPSYVXSRIERH
-73'LIGOXLIWIFIJSVI]SY
XEOI]SYVRI\XTLSXS
9WMRKXLIJSGYWQSHI
=SYGERWIPIGXXLIJSGYWQSHI
JVSQXLIJSPPS[MRKSTXMSRW
%YXSi7IXXLIGEQIVEXSJSGYW
EYXSQEXMGEPP]
1EGVSi1EGVSQSHIEPPS[W]SY
XSXEOII\XVIQIGPSWIYTW-J]SY
EVIXV]MRKXSXEOIEGPSWIYTWLSX
FYXXLIJSGYWFS\VIQEMRWVIHXV]
XYVRMRKXLIQEGVSQSHISR
*EGIXVEGOMRKi-J]SYWIX*EGI
XVEGOMRKERHXEOIETLSXS]SYV
GEQIVEHIXIGXWERHJSGYWIWSR
LYQERJEGIWEYXSQEXMGEPP]
1ERYEPi7IXXLIGEQIVEXSJSGYW
QERYEPP]
:MI[MRK]SYVWEZIHTLSXSW
=SYGEREGGIWW]SYVWEZIHTLSXSW
JVSQ[MXLMRXLIGEQIVEQSHI
.YWXXSYGL ERH]SYVKEPPIV][MPP
ETTIEVSRXLIWGVIIR8SYGLXLI
TLSXSSRXLIWGVIIRERH]SY[MPP
WII7PMHIWLS[ERH1IRY
8SYGLXSWIIWPMHIWLS[
8SYGL1IRYERHWIPIGX
STXMSRW]SY[ERX=SYGER
WLEVIXLIGSRXIRXWSVHIPIXI
ETLSXS8SYGL1SVIJSV
QSVISTXMSRWFIPS[
(IXEMP'LIGOMRJSVQEXMSRSJ
GSRXIRXW
7IXEW7IXEWGSRXEGXMGSR
SV[EPPTETIV
'VST'VST]SYVTLSXS
1SZI]SYVJMRKIVEGVSWWXLI
WGVIIRXSWIPIGXXLIEVIE
6SXEXI6SXEXIPIJXSVVMKLX
'EQIVE

:MHISGEQIVE
+IXXMRKXSORS[XLIZMI[JMRHIV
'SRZIVX=SYGERGSRZIVXXSXLIMRXIVREPGEQIVEJVSQXLII\XIVREP
SRI
>SSQ>SSQMRSV^SSQSYX%PXIVREXMZIP]]SYGERYWIXLIWMHI
ZSPYQIOI]W
7IXXMRKW8SYGLXLMWMGSRXS
STIRXLIWIXXMRKWQIRY7II
9WMRKXLIEHZERGIHWIXXMRKW
&VMKLXRIWW8LMWHIJMRIWERHGSRXVSPWSJXLIEQSYRXSJWYRPMKLX
IRXIVMRKXLIZMHIS7PMHIXLIFVMKLXRIWWMRHMGEXSVEPSRKXLIFEVXS[EVHW
qrXSPS[IVXLIFVMKLXRIWWSJXLIZMHISSVXS[EVHWqrXSMRGVIEWIMX
*PEWL%PPS[W]SYXSXYVRSRXLIJPEWL[LIRXEOMRKETLSXSMRE
HEVOTPEGI
'EQIVEQSHI7PMHIYTXLMW
MGSRXSW[MXGLXSGEQIVEQSHI
7XEVXVIGSVHMRK
+EPPIV]8SYGLXSZMI[XLI
PEWXZMHIS]SYVIGSVHIH8LMW
IREFPIW]SYXSEGGIWW]SYV
KEPPIV]ERHZMI[]SYVWEZIH
ZMHISWJVSQ[MXLMRZMHISQSHI

7LSSXMRKEUYMGOZMHIS
3TIRXLI'EQIVEETTPMGEXMSR
ERHWPMHIXLIGEQIVEQSHI
FYXXSRHS[RXSXLI:MHIS
TSWMXMSR8LIWLYXXIVMGSR
[MPPGLERKIXS 
8LIZMHISGEQIVEZMI[JMRHIV
[MPPETTIEVSRXLIWGVIIR
,SPHMRKXLITLSRILSVM^SRXEPP]
TSMRXXLIPIRWXS[EVHWXLI
WYFNIGXSJXLIZMHIS
8SYGLXLIWXEVXZMHISMGSR
6IG[MPPETTIEVEXXLIFSXXSQ
SJXLIZMI[JMRHIV[MXLEXMQIV
WLS[MRKXLIPIRKXLSJXLIZMHIS
8SYGLXLIWXSTZMHISMGSR
XSWXSTVIGSVHMRK
%JXIVWLSSXMRKEZMHIS
%WXMPPMQEKIVITVIWIRXMRK]SYV
ZMHIS[MPPETTIEVSRXLIWGVIIR
4PE]
8SYGLXSTPE]XLIZMHIS






7LEVI
8SYGLXSWLEVI]SYV
ZMHISEW&PYIXSSXL
)QEMP+QEMP
1IWWEKMRKSV=SY8YFI
238)%HHMXMSREPGLEVKIWQE]
ETTP][LIR117QIWWEKIW
EVIYTPSEHIHERHSV
HS[RPSEHIH[LMPIVSEQMRK
6IREQI
8SYGLXSIHMXXLIREQI
SJXLIWIPIGXIHZMHIS
8SYGLXSHIPIXIXLIZMHIS]SY
NYWXQEHIERHGSRJMVQF]
XSYGLMRK=IW8LIZMI[JMRHIV
[MPPVIETTIEV
8SYGLXSWLSSXERSXLIVZMHIS
WXVEMKLXE[E]=SYVGYVVIRX
ZMHIS[MPPFIWEZIH
8SYGLXSZMI[XLIPEWXZMHIS
]SYVIGSVHIH
:MHISGEQIVE

9WMRKXLIEHZERGIH
WIXXMRKW
9WMRKXLIZMI[JMRHIVXSYGL XS
STIREPPXLIEHZERGIHSTXMSRW
%HNYWXXLIZMHISGEQIVEWIXXMRKW
F]WGVSPPMRKXLI[LIIP%JXIV
WIPIGXMRKXLISTXMSRXSYGLXLI
&EGOOI]
:MHISWM^Ii8SYGLXSWIXXLIWM^I
MRTM\IPWSJXLIZMHIS]SYVIGSVH
'LSSWI]SYVZMHISMQEKIWM^I
JVSQ*YPP,(\,(
\8:\:+%
\5:+%\ERH
5'-*\
;LMXIFEPERGIi8LI[LMXI
FEPERGIIRWYVIWXLEX[LMXIEVIEW
MR]SYVZMHISEVIVIEPMWXMG8S
IREFPI]SYVGEQIVEXSEHNYWX
XLI[LMXIFEPERGIGSVVIGXP]
]SYQE]RIIHXSHIXIVQMRIXLI
PMKLXGSRHMXMSRW'LSSWIJVSQ
%YXS-RGERHIWGIRX7YRR]
*PYSVIWGIRXERH'PSYH]
'SPSVIJJIGXi'LSSWIEGSPSYV
XSRIXSYWIJSV]SYVRI[ZMHIS
238)3TXMSRWJSV'SPSVIJJIGX
QE]ZEV]HITIRHMRKSRXLI
GEQIVEQSHI
:MHISUYEPMX]i'LSSWIJVSQ
7YTIVJMRI*MRIERH2SVQEP
(YVEXMSRi7IXEHYVEXMSRPMQMX
JSV]SYVZMHIS'LSSWIFIX[IIR
2SVQEPERH117XSPMQMXXLI
QE\MQYQWM^IXSWIRHEWER117
QIWWEKI
:SMGIi'LSSWI1YXIXSVIGSVHE
ZMHIS[MXLSYXWSYRH
%YXSVIZMI[i-J]SYWIXXS3R
MX[MPPEYXSQEXMGEPP]WLS[]SYXLI
ZMHIS]SYLEZINYWXVIGSVHIH
7XSVEKIi'LSSWI[LIXLIV
XSWEZI]SYVZMHISGPMTXSXLI
TLSRIQIQSV]SVXSXLII\XIVREP
QIQSV]
6IWIXEPPXLIZMHISGEQIVE
WIXXMRKW

8SYGL[LIRIZIV]SY[ERX
XSORS[LS[XLMWJYRGXMSR
STIVEXIW8LMW[MPPTVSZMHI]SY
EUYMGOKYMHI
;EXGLMRK]SYVWEZIH
ZMHISW
-RXLIZMI[JMRHIVXSYGL
=SYVKEPPIV][MPPETTIEVSRXLI
WGVIIR
8SYGLEZMHISSRGIXSFVMRKMX
XSXLIJVSRXSJXLIKEPPIV]-X[MPP
WXEVXXSTPE]EYXSQEXMGEPP]
%HNYWXMRKXLIZSPYQI
[LIRZMI[MRKEZMHIS
8SEHNYWXXLIZSPYQISJEZMHIS
[LMPIMXMWTPE]MRKYWIXLIZSPYQI
OI]WSRXLIVMKLXWMHISJXLI
TLSRI



:MHISGEQIVE

1YPXMQIHME
+EPPIV]
=SYGERWXSVIER]QYPXMQIHME
JMPIWSR]SYVTLSRItWQIQSV]XLEX
[MPPFIHMWTPE]IHMR]SYV+EPPIV]
WSXLEX]SYLEZIIEW]EGGIWWXS
EPPSJ]SYVTMGXYVIWERHZMHISW
=SYGEREPWSWEZI]SYVJMPIWXS
]SYVI\XIVREPQIQSV]GEVH8LI
EHZERXEKISJYWMRKEQIQSV]
GEVHMWXLEX]SYGERJVIIYTWTEGI
SR]SYVTLSRIQIQSV]
8SYGL%TTPMGEXMSRWXEFXLIR
WIPIGX+EPPIV]
8SGLERKILS[XLI
GSRXIRXWSJEREPFYQEVI
HMWTPE]IH
=SYGERZMI[XLIMQEKIWERH
ZMHISWMR]SYVEPFYQWMRE
GLVSRSPSKMGEPKVMHSVMRWXEGOW
WSVXIHF]XLIHEXIERHXLIPSGEXMSR
[LIVIXLI][IVIXEOIR9WIXLI
%PFYQ:MI[W[MXGL EXXLI
XSTVMKLXSJXLIWGVIIRXSW[MXGL
FIX[IIRKVMHERHWXEGOZMI[
(VEKXLI%PFYQ:MI[
W[MXGLXSXLIPIJXXSZMI[
XLIEPFYQGSRXIRXWMRE
GLVSRSPSKMGEPKVMH
(VEKXLI%PFYQ:MI[
W[MXGLXSXLIVMKLXXSZMI[
XLIGSRXIRXWSJXLIEPFYQ
MRWXEGOW
9WMRK7QEVX7LEVI
7QEVX7LEVITVSZMHIW]SYEFIXXIV
[E]XSIRNS]QYPXMQIHMEGSRXIRXW
[MXLSXLIV(02%(MKMXEP0MZMRK
2IX[SVO%PPMERGIIREFPIHHIZMGIW
7LEVI]SYVQIHMEGSRXIRXWXS
SXLIV(02%HIZMGIW(17
3RXLILSQIWGVIIRXSYGLXLI
%TTPMGEXMSRWXEFERHWIPIGX
7IXXMRKW
7IPIGX;MVIPIWWRIX[SVOW
ERH7QEVX7LEVIWIXXMRKW
8SYGLXLI7QEVX7LEVI
GLIGOFS\XSXYVRSR




=SYGERGLERKI]SYVHIZMGI
REQIMGSRERHWIPIGXXLI
WLEVMRKGSRXIRXX]TIW
0IX]SYVVIRHIVIVHIZMGIIK
8:TPE]QYPXMQIHMEGSRXIRXW
JVSQVIQSXIGSRXIRXPMFVEV]
IK4'
8SYGLXLIXSTVMKLXFYXXSRXS
WIPIGXXLIHIZMGIJVSQVIRHIVIV
PMWXW
8SYGLXLIXSTPIJXFYXXSR
ERHWIPIGXSRISJXLIVIQSXI
GSRXIRXPMFVEV]
=SYGERFVS[WIXLIVIQSXI
GSRXIRXPMFVEV]
0SRKXSYGLEGSRXIRXXLYQFREMP
ERHJPMGOXLIQXSXLIXSTEVIE
F]]SYVJMRKIVSVXSYGLTPE]
FYXXSR
2SXMGI'LIGOXLEX]SYVHIZMGI
MWGSRRIGXIH[MXL]SYVLSQI
RIX[SVOYWMRK;M*MGSRRIGXMSRXS
YWIXLMWETTPMGEXMSR





2SXMGI7SQI(02%IREFPIH
HIZMGIIK8:WYTTSVXWSRP](14
JIEXYVISJ(02%[MPPRSXETTIEVMR
XLIVIRHIVIVHIZMGIPMWXW
1YWMG
=SYV0+4LLEWEFYMPXMR
QYWMGTPE]IVXLEXPIXW]SYTPE]EPP
]SYVJEZSYVMXIXVEGOW8SEGGIWWXLI
QYWMGTPE]IVXSYGL1YWMG
4PE]MRKEWSRK
3RXLILSQIWGVIIRXSYGLXLI
%TTPMGEXMSRWXEFERHWIPIGX
1YWMG
8SYGL7SRKW
7IPIGXXLIWSRK]SY[ERXXSTPE]
8SYGL XSTEYWIXLIWSRK
8SYGL XSWOMTXSXLIRI\X
WSRK
8SYGL XSKSFEGOXSXLI
JMVWXTEVXSJXLIWSRK8SYGL
X[MGIXSKSFEGOXSXLI
TVIZMSYWWSRK






1YPXMQIHME

8SGLERKIXLIZSPYQI[LMPI
PMWXIRMRKXSQYWMGXSYGLXLIYT
ERHHS[RZSPYQIOI]WSRXLI
VMKLXWMHISJXLITLSRI
8SYGLERHLSPHER]WSRKMRXLIPMWX
-X[MPPHMWTPE]4PE]%HHXSTPE]PMWX
9WIEWTLSRIVMRKXSRI(IPIXI
7LEVI7IEVGLERH*MPIMRJSEW
STXMSRW
238)1YWMGwPIGST]VMKLXWQE]
FITVSXIGXIHF]MRXIVREXMSREP
GSRXVEGXWERHREXMSREP
GST]VMKLXPE[W
8LIVIJSVIMXQE]FIRIGIWWEV]
XSSFXEMRTIVQMWWMSRSVE
PMGIRGIXSVITVSHYGISVGST]
QYWMG-RWSQIGSYRXVMIW
REXMSREPPE[WTVSLMFMXTVMZEXI
GST]MRKSJGST]VMKLXIH
QEXIVMEP&IJSVIHS[RPSEHMRK
SVGST]MRKXLIwPITPIEWI
GLIGOXLIREXMSREPPE[WSJXLI
VIPIZERXGSYRXV]GSRGIVRMRK
XLIYWISJWYGLQEXIVMEP
9WMRKXLIVEHMS
=SYV0+4LLEWEFYMPXMR*1
VEHMSWS]SYGERXYRIMRXS]SYV
JEZSYVMXIWXEXMSRWERHPMWXIRMX
238)
=SYQYWXEXXEGL]SYV
LIEHTLSRIXSPMWXIRXSXLIVEHMS
-RWIVXMXMRXSXLILIEHTLSRINEGO
7IEVGLMRKJSVWXEXMSRW
=SYGERXYRIMRXSVEHMSWXEXMSRW
F]WIEVGLMRKJSVXLIQQERYEPP]
SVEYXSQEXMGEPP]8LI][MPPXLIR
FIWEZIHXSWTIGMJMGGLERRIP
RYQFIVWWS]SYHSRtXLEZIXS
OIITVIXYRMRKMR
3RXLILSQIWGVIIRXSYGLXLI
%TTPMGEXMSRWXEFERHWIPIGX
*1VEHMS
8SYGLXLI7GER*1VEHMS
7XEXMSRW
-JXLIVIEVITVIWIXGLERRIPW
]SY[MPPWIIETSTYT[MXL
%PPGLERRIPW[MPPFIVIWIX
'SRXMRYI#-J]SYGLSSWI3/




EPPXLITVIWIXGLERRIPW[MPPFI
HIPIXIHERHEYXSWGER[MPPWXEVX
(YVMRKEYXSWGERRMRKXSYGL
7XSTWGERRMRKMJ]SY[ERXXS
WXSTWGERRMRK3RP]GLERRIPW
WGERRIHFIJSVI]SYWXST[MPP
FIWEZIH
238)
=SYGEREPWSQERYEPP]XYRI
MRXSEWXEXMSRYWMRKXLIHMWTPE]IH
[LIIP
0MWXIRMRKXSXLIVEHMS
3RXLILSQIWGVIIRXSYGLXLI
%TTPMGEXMSRWXEFERHWIPIGX
*1VEHMS
8SYGLXLIGLERRIPPMWXSJXLI
WXEXMSR]SY[ERXXSPMWXIRXS
8SYGL MGSR=SYGERPMWXIR
XSXLIVEHMSZMEFYMPXMRWTIEOIV




8VERWJIVVMRKJMPIWYWMRK
97&QEWWWXSVEKI
HIZMGIW
8SXVERWJIVJMPIWYWMRK97&
HIZMGIW
'SRRIGXXLI0+4LXSE4'
YWMRKE97&GEFPI
-J]SYLEZIRSXMRWXEPPIH0+
%RHVSMH4PEXJSVQ(VMZIVSR]SYV
4']SY[MPPRIIHXSGLERKI
WIXXMRKWQERYEPP]'LSSWI
7IXXMRKW"7(GEVHTLSRI
WXSVEKI"EGXMZEXI1EWW
WXSVEKISRP]
8SYGL8YVRSR97&WXSVEKI
=SYGERZMI[XLIQEWWWXSVEKI
GSRXIRXWSR]SYV4'ERH
XVERWJIVXLIJMPIW
238)
-J]SYMRWXEPPIH0+%RHVSMH
4PEXJSVQ(VMZIV]SY[MPPWIITST
YT[MXL8YVRSR97&WXSVEKI
MQQIHMEXIP]




d
1YPXMQIHME

%JXIVYWMRK97&QEWWWXSVEKI
JYRGXMSRMJ]SY[ERXXS
W]RGLVSRMWI]SYVTLSRI[MXL
]SYV4'YWMRKXLI0+4'WYMXI
]SYRIIHXSXSYGL7IXXMRKW"
7(GEVHTLSRIWXSVEKIXLIR
XSYGLXLIXMGOXSXYVRSJJ1EWW
WXSVEKISRP]QSHI
,S[XSWEZIQYWMGZMHIS
JMPIWXS]SYVTLSRI
'SRRIGX]SYVTLSRIXSXLI4'
YWMRKXLI97&GEFPI
8SYGLERHHVEKHS[RXLIWXEXYW
FEVSRXLILSQIWGVIIR7IPIGX
97&GSRRIGXIH"8YVRSR
97&WXSVEKI"3TIRJSPHIVXS
ZMI[JMPIW
-J]SYLEZIRSXMRWXEPPIH0+
%RHVSMH4PEXJSVQ(VMZIVSR
]SYV4']SY[MPPRIIHXSWIXMX
QERYEPP]*SVQSVIMRJSVQEXMSR
VIJIVXS8VERWJIVVMRKJMPIWYWMRK
97&QEWWWXSVEKIHIZMGIW
d

d
d
7EZIQYWMGSVZMHISJMPIW
JVSQ]SYV4'XSXLITLSRIW
VIQSZEFPIWXSVEKI
=SYQE]GST]SVQSZIJMPIW
JVSQ]SYV4'XSXLITLSRIW
VIQSZEFPIWXSVEKIYWMRKEGEVH
VIEHIV9WMRK(EXEGEFPI97&
1EWWWXSVEKIEPWS]SYGER
GST]SVQSZIJMPIWJVSQ]SYV4'
-JXLIVIMWEZMHISJMPI[MXLE
WYFXMXPIJMPIWVXJMPI[MXLXLI
WEQIREQIEWXLIZMHISJMPI
TPEGIXLIQMRXLIWEQIJSPHIVXS
HMWTPE]XLIWYFXMXPIEYXSQEXMGEPP]
[LIRTPE]MRKXLIZMHISJMPI
;LIRHS[RPSEHMRKQYWMGSV
ZMHISJMPIWGST]VMKLXQYWX
FIWIGYVIH4PIEWIRSXIXLEX
EGSVVYTXIHJMPISVJMPI[MXLE
[VSRKI\XIRWMSRQE]GEYWI
HEQEKIXS]SYVTLSRI

d
d
d

,S[XSQSZIGSRXEGXW
JVSQ]SYVSPHTLSRIXS
]SYVGYVVIRXTLSRI
)\TSVX]SYVGSRXEGXWEWE'7:
JMPIJVSQ]SYVSPHTLSRIXS]SYV
4'YWMRKE4'W]RGTVSKVEQ
6YRXLITVSKVEQERHGSRRIGX
]SYV%RHVSMHQSFMPITLSRI
XSXLI4'YWMRKE97&GEFPI
7IPIGXXLI'SRXEGXWMGSR+S
XS1IRY"*MPI"-QTSVXERH
WIPIGXXLI'7:JMPIWEZIHMRXLI
4'-JXLIJMIPHWMRXLIMQTSVXIH
'7:JMPIEVIHMJJIVIRXJVSQXLI
SRIWMR4'7]RGJSV%RHVSMH
]SYRIIHXSQETXLIJMIPHW
%JXIVQETTMRKXLIJMIPHWGPMGO
3/8LIRXLIGSRXEGXWEVI
EHHIHMR4'7]RGJSV%RHVSMH
GPMGO7]RGSV7]RGGSRXEGXW
XSW]RGLVSRMWIXLIGSRXEGXW
WEZIHMRXLI4'XS]SYVTLSRI
ERHWEZIXLIQ


,S[XSWIRHHEXEJVSQ
]SYVTLSRIZME&PYIXSSXL
=SYGERWIRHHEXEZME&PYIXSSXL
F]VYRRMRKEGSVVIWTSRHMRK
ETTPMGEXMSRVEXLIVXLERJVSQXLI
&PYIXSSXLQIRYEW[MXLRSVQEP
QSFMPITLSRIW
7IRHMRKTMGXYVIW6YRXLI
+EPPIV]ETTPMGEXMSRERHWIPIGX
4MGXYVI"1IRY'PMGO7LEVI
ERHWIPIGX&PYIXSSXL"'LIGO
-J&PYIXSSXLMWXYVRIHSRERH
WIPIGX7GERJSVHIZMGIW"
'LSSWIXLIHIZMGI]SY[ERXXS
WIRHHEXEJVSQXLIPMWX
)\TSVXMRKGSRXEGXW6YRXLI
'SRXEGXWETTPMGEXMSR8SYGLXLI
EHHVIWW]SY[ERXXSI\TSVXXS
8SYGLXLI1IRYOI]ERHWIPIGX
7LEVI"&PYIXSSXL"'LIGO
-J&PYIXSSXLMWXYVRIHSRERH
WIPIGX7GERJSVHIZMGIW"
'LSSWIXLIHIZMGI]SY[ERXXS
WIRHHEXEJVSQXLIPMWX
d
d
1YPXMQIHME

7IRHMRKQYPXMWIPIGXIH
GSRXEGXW6YRXLI'SRXEGXW
ETTPMGEXMSR8SWIPIGXQSVIXLER
SRIGSRXEGXXSYGLXLI1IRY
OI]ERHXSYGL7LEVI7IPIGX
XLIGSRXEGXW]SY[ERXXSWIRH
SV7IPIGXEPPSTXMSRJVSQXST"
7IPIGX7LEVI"&PYIXSSXL"
)REFPIXLI&PYIXSSXLXMGOFS\
ERHWIPIGX7GERJSVHIZMGIW"
'LSSWIXLIHIZMGI]SY[ERXXS
WIRHHEXEJVSQXLIPMWX
'SRRIGXMRKXS*843RP]XLI
*84WIVZIVMWWYTTSVXIHSR
XLMWLERHWIX+SXS7IXXMRKW
";MVIPIWWRIX[SVOW"
&PYIXSSXLWIXXMRKW8LIR
WIPIGXXLI(MWGSZIVEFPIXMGOFS\
ERHWIEVGLJSVSXLIVHIZMGIW
*MRHXLIWIVZMGI]SY[ERXERH
GSRRIGXXSXLI*84WIVZIV
d
d
8-48LIZIVWMSRMW
&PYIXSSXL)(6ERH
GIVXMJMIHF]&PYIXSSXL7-+
-XMWGSQTEXMFPI[MXLSXLIV
&PYIXSSXL7-+GIVXMJMIHHIZMGIW
238)
-J]SY[ERXXSWIEVGLJSV
XLMWTLSRIJVSQSXLIVHIZMGIWKS
XS
7IXXMRKW";MVIPIWWRIX[SVOW
"&PYIXSSXLWIXXMRKW
8LIRWIPIGX
XLI
(MWGSZIVEFPI
XMGOFS\8LIXMGO
FS\MWGPIEVIHEJXIVWIGSRHW
238)
7YTTSVXIHTVSwPIWEVI
7(%4,*4,743444&%4
WIVZIV*84WIVZIV%(4ERH
%:6'4

7IXXMRK]SYVEPEVQ
3RXLILSQIWGVIIRXSYGLXLI
%TTPMGEXMSRWXEFERHWIPIGX
%PEVQ'PSGO
-J]SY[ERXXSEHHERI[EPEVQ
XSYGL%HHEPEVQ
7IXXLIXMQIERHVITIEXEPEVQ
XSRI=SYGEREPWSXSYGL XS
WIXZMFVEXI[IEXLIVMRJSERH
EHHEQIQSXSREQIXLIEPEVQ
8SYGL7EZIXSXYVRSRXLI
EPEVQ
238)8SGLERKIEPEVQWIXXMRKW
SREPEVQPMWXWGVIIRXSYGLXLI
1IRYOI]ERHWIPIGX7IXXMRKW
=SYGEREHNYWXXLIFIPS[STXMSRW
%PEVQMRWMPIRXQSHI7MHI
FYXXSRFILEZMSV%PEVQZSPYQI
7IXHIJEYPXVMRKXSRIERH
;IEXLIVMRJSWIXXMRKW




9WMRK]SYVGEPGYPEXSV
3RXLILSQIWGVIIRXSYGLXLI
%TTPMGEXMSRWXEFERHWIPIGX
'EPGYPEXSV
8SYGLXLIRYQFIVOI]WXSIRXIV
RYQFIVW
*SVWMQTPIGEPGYPEXMSRWXSYGL
XLIJYRGXMSR]SY[ERXi\
SVÛJSPPS[IHF]!
*SVQSVIGSQTPI\GEPGYPEXMSRW
XSYGL1IRY"XSYGL%HZERGIH
TERIPXLIRGLSSWIWMRGSW
XERPSKERHWSSR
%HHMRKERIZIRXXS]SYV
GEPIRHEV
3RXLILSQIWGVIIRXSYGLXLI
%TTPMGEXMSRWXEFERHWIPIGX
'EPIRHEV
8SGLIGOXLIIZIRXXSYGLXLI
HEXI8SYGLERHLSPHMJ]SY
[ERXXSEHHERI[IZIRXXLIR
XSYGL2I[IZIRX






9XMPMXMIW

8SYGL;LEXXLIRIRXIVXLI
IZIRXREQI'LIGOXLIHEXI
ERHIRXIVXLIXMQI]SY[ERX
]SYVIZIRXXSFIKMRERHJMRMWL
%PWSXSYGL;LIVIXLIRIRXIV
XLIPSGEXMSR
-J]SY[SYPHPMOIXSEHHERSXIXS
]SYVIZIRXXSYGL(IWGVMTXMSR
ERHIRXIVXLIHIXEMPW
-J]SY[ERXXSVITIEXXLI
EPEVQWIX6ITIXMXMSRERHWIX
6IQMRHIVWMJRIGIWWEV]
8SYGL(SRIXSWEZIXLIIZIRX
MRXLIGEPIRHEV
:SMGIVIGSVHIV
9WIXLIZSMGIVIGSVHIVXSVIGSVH
ZSMGIQIQSWSVSXLIVEYHMSJMPIW
6IGSVHMRKEWSYRHSVZSMGI
3RXLILSQIWGVIIRXSYGLXLI
%TTPMGEXMSRWXEFERHWIPIGX
:SMGI6IGSVHIV
8SYGL 6IGSVHXSFIKMR
VIGSVHMRK







8SYGL 7XSTXSIRH
VIGSVHMRK
8SYGL 4PE]XSPMWXIRXSXLI
VIGSVHMRK
238)
8SYGL
0MWX
XSEGGIWW]SYV
EPFYQ=SYGERPMWXIRXSXLI
WEZIHVIGSVHMRK
7IRHMRKXLIZSMGIVIGSVHMRK
3RGI]SYLEZIJMRMWLIH
VIGSVHMRK]SYGERWIRHXLI
EYHMSGPMTF]XSYGLMRK7LEVI
'LSSWIJVSQ&PYIXSSXL
)QEMP+QEMPERH1IWWEKMRK
;LIR]SYWIPIGX)QEMP+QEMP
ERH1IWWEKMRKXLIZSMGI
VIGSVHMRK[MPPFIEHHIHXSXLI
QIWWEKIXLEX]SY[VMXIERH
WIRHMXRSVQEPP]




9XMPMXMIW

3RXLILSQIWGVIIRXSYGLXLI
%TTPMGEXMSRWXEFXLIRWGVSPPERH
XSYGL7IXXMRKW
;MVIPIWWRIX[SVOW
,IVI]SYGERQEREKI;M*MERH
&PYIXSSXL=SYGEREPWSWIXQSFMPI
RIX[SVOWEMVTPERIQSHI
%MVTPERIQSHIi%JXIVWIXXMRK
%MVTPERIQSHIEPP[MVIPIWW
GSRRIGXMSRW[MPPFIHMWEFPIH
;M*Mi8SYGLXSXMGO8LMWXYVRW
SR;M*MXSGSRRIGXXSEZEMPEFPI
;M*MRIX[SVOW
;M*MWIXXMRKWi%PPS[W]SYXSWIX
YTERHQEREKI[MVIPIWWEGGIWW
TSMRXW7IXRIX[SVORSXMJMGEXMSR
SVEHHE;M*MRIX[SVO8LI
EHZERGIH;M*MWIXXMRKWWGVIIRMW
EGGIWWIHJVSQXLI;M*MWIXXMRKW
WGVIIR8SYGLXLI1IRYOI]ERH
XSYGL%HZERGIH
8-4,S[XSSFXEMRXLI
1%'EHHVIWW
8SWIXYTEGSRRIGXMSRMRWSQI
[MVIPIWWRIX[SVOW[MXL1%'
JMPXIVW]SYQE]RIIHXSIRXIV
XLI1%'EHHVIWWSJ]SYV0+
4LMRXSXLIVSYXIV
=SYGERJMRHXLI1%'EHHVIWW
MRXLIJSPPS[MRKYWIVMRXIVJEGI
8SYGL%TTPMGEXMSR"7IXXMRKW
";MVIPIWWRIX[SVOW"
;M*MWIXXMRKWERHXSYGL
XLI1IRYOI]8LIRWIPIGX
%HZERGIH"1%'%HHVIWW
7QEVX7LEVIi8SYGLXSXMGO8LMW
XYVRWSR7QEVX7LEVIXSWLEVI]SYV
QYPXMQIHMEGSRXIRXW[MXL]SYV(02%
(MKMXEP0MZMRK2IX[SVO%PPMERGI
IREFPIHHIZMGIW
7QEVX7LEVIWIXXMRKWi%PPS[W
]SYXSGLERKIHIZMGIREQIERH
WIPIGXGSRXIRXX]TIXSFIWLEVIH
7IXXMRKW

&PYIXSSXLi8SYGLXSXMGO8LMW
XYVRWSR&PYIXSSXLXSGSRRIGXXS
&PYIXSSXLHIZMGIW
&PYIXSSXLWIXXMRKWi7IXHIZMGI
REQIHMWGSZIVEFPIQSHIWGER
JSVSXLIVHIZMGIW3VGLIGOEPMWX
SJ&PYIXSSXLHIZMGIWXLEX]SYtZI
TVIZMSYWP]GSRJMKYVIHERHXLSWI
HIXIGXIH[LIRXLITLSRIPEWX
WGERRIHJSV&PYIXSSXLHIZMGIW
8IXLIVMRKTSVXEFPILSXWTSXi
=SYGERGSRJMKYVIXLIWIXXMRKWSJ
97&XIXLIVMRKERHTSVXEFPI;M*M
LSXWTSX
:42WIXXMRKWi(MWTPE]WXLIPMWX
SJ:MVXYEP4VMZEXI2IX[SVOW:42W
XLEX]SYtZITVIZMSYWP]GSRJMKYVIH
%PPS[W]SYXSEHHHMJJIVIRXX]TIW
SJ:42W
1SFMPIRIX[SVOWIXXMRKWi7IX
STXMSRWJSVHEXEVSEQMRKRIX[SVO
QSHISTIVEXSVWEGGIWWTSMRX
REQIW%42WERHWSSR
3R7GVIIR4LSRIWIXXMRKWi
%PPS[W]SYXSGLERKIXLI3R
7GVIIR4LSRITEWW[SVHXLI
HIJEYPXTEWW[SVHMW
3R7GVIIR4LSRIEPPS[W]SYXS
ZMI[]SYVQSFMPITLSRIWGVIIR
JVSQE4'ZMEE97&SV&PYIXSSXL
GSRRIGXMSR=SYGEREPWSGSRXVSP
]SYVQSFMPITLSRIJVSQ]SYV4'
YWMRKXLIQSYWISVOI]FSEVH
7SYRH
+IRIVEP"
7MPIRXQSHIi%PPS[W]SYXS
WMPIRGIEPPWSYRHWMRGPYHMRKGEPP
ERHRSXMJMGEXMSRVMRKXSRIWI\GITX
XLIEYHMSJVSQQYWMGZMHISWERH
ER]EPEVQW]SYLEZIWIX=SYQYWX
WMPIRGIQIHMEERHEPEVQWMRXLIMV
S[RETTPMGEXMSRW
:MFVEXIi%PPS[W]SYXSWIX]SYV
TLSRIXSZMFVEXI[LIR]SYVIGIMZI
ERMRGSQMRKGEPP
:SPYQIi%PPS[W]SYXSWIXXLI
ZSPYQIJSVVMRKXSRIWQIHMEERH
EPEVQW-J]SYYRGLIGOXLISTXMSR

XSYWIMRGSQMRKGEPPZSPYQIJSV
RSXJMGEXMSRW]SYGERWIXFSXL
ZSPYQIWJSVMRGSQMRKGEPPERH
RSXMJMGEXMSRWITEVEXIP]
-RGSQMRKGEPPW"
4LSRIVMRKXSRIi%PPS[W]SY
XSWIX]SYVHIJEYPXMRGSQMRKGEPP
VMRKXSRI
2SXMJMGEXMSRW"
2SXMJMGEXMSRVMRKXSRIi%PPS[W
]SYXSWIX]SYVHIJEYPXRSXMJMGEXMSR
VMRKXSRI
*IIHFEGO"
%YHMFPIXSYGLXSRIWi%PPS[W
]SYXSWIXXLITLSRIXSTPE]XSRIW
[LIRYWMRKXLIHMEPOI]TEHXSHMEP
RYQFIVW
%YHMFPIWIPIGXMSRi%PPS[W]SY
XSWIX]SYVTLSRIXSTPE]EWSYRH
[LIR]SYXSYGLFYXXSRWMGSRW
ERHSXLIVSRWGVIIRMXIQWXLEX
VIEGXXS]SYVXSYGL
7GVIIRPSGOWSYRHWi%PPS[W]SY
XSWIX]SYVTLSRIXSTPE]EWSYRH
[LIRPSGOMRKERHYRPSGOMRKXLI
WGVIIR
,ETXMGJIIHFEGOi%PPS[W]SYXS
WIX]SYVTLSRIXSZMFVEXIFVMIJP]
[LIR]SYXSYGLXLI1IRYOI]
&EGOOI]ERHTIVJSVQSXLIV
EGXMSRW
(MWTPE]
&VMKLXRIWWi%HNYWXXLI
FVMKLXRIWWSJXLIWGVIIR
%YXSVSXEXIWGVIIRi%PPS[W
]SYXSWIXXLISVMIRXEXMSRXS
EYXSQEXMGEPP]W[MXGLXSPERHWGETI
QSHISVTSVXVEMXQSHI[LIR
]SYXYVRXLITLSRIWMHI[E]WSV
YTVMKLX
%RMQEXMSRi%PPS[W]SYXS
WIXERMQEXIHXVERWMXMSRW[LIR
REZMKEXMRKJVSQWGVIIRXSWGVIIR
7GVIIRXMQISYXi%PPS[W]SYXS
EHNYWXXLIHIPE]XMQIFIJSVIXLI
WGVIIREYXSQEXMGEPP]XYVRWSJJ*SV
7IXXMRKW

XLIFIWXFEXXIV]TIVJSVQERGIYWI
XLIWLSVXIWXGSRZIRMIRXXMQISYX
(MWTPE]JSRX'LERKIXLIHMWTPE]
JSRX
+IWXYVI
%HNYWXXLIKIWXYVIWIXXMRKWJSV
LSQIWGVIIRMRGSQMRKGEPPEPEVQ
KEPPIV]QYWMGERHZMHISTPE]IV
0SGEXMSRWIGYVMX]
1]0SGEXMSR"
9WI[MVIPIWWRIX[SVOWi-J]SY
XMGO9WI[MVIPIWWRIX[SVOW
]SYVTLSRI[MPPHIXIVQMRI]SYV
ETTVS\MQEXIPSGEXMSRF]YWMRK;M
*MERHQSFMPIRIX[SVOW
9WI+477EXIPPMXIWi-J]SYXMGO
9WI+47WEXIPPMXIW]SYVTLSRI
[MPPFIHIXIVQMRI]SYVPSGEXMSRXS
WXVIIXPIZIPEGGYVEG]
7GVIIRYRPSGO"
7IXYTWGVIIRPSGOi7IXYRPSGO
TEXXIVRXSWIGYVI]SYVTLSRI
3TIRWEWIXSJWGVIIRWXLEXKYMHI
]SYXLVSYKLHVE[MRKEWGVIIR
YRPSGOTEXXIVR=SYGERWIX4-2SV
4EWW[SVHMRWXIEHSJ4EXXIVRSV
PIEZIMXEW2SRI
8-48SPSGO]SYVWGVIIRF]
YWMRKXLI4EXXIVR0SGO
8LIJMVWXXMQI]SYHSXLMWE
WLSVXXYXSVMEPEFSYXGVIEXMRK
ERYRPSGOTEXXIVRETTIEVW
=SYEVITVSQTXIHXSHVE[
ERHVIHVE[]SYVS[R
TEXXIVR
8LIRI\XXMQI]SYXYVR
SR]SYVTLSRISV[EOI
YTXLIWGVIIR=SY[MPPFI
TVSQTXIHXSHVE[]SYV
YRPSGOTEXXIVRXSYRPSGOXLI
WGVIIR


7-1GEVHPSGO"
7IXYT7-1GEVHPSGOi7IXYT
7-1GEVHPSGOSVGLERKI7-14-2

7(GEVHTLSRI
WXSVEKI
97&GSRRIGXMSRQSHI"
1EWWWXSVEKISRP]i=SYVTLSRI
GERFIYWIHEWEQEWWWXSVEKI
HIZMGIMJ]SYLEZIEQIQSV]GEVH
MRWIVXIH=SYGERWIXXLI1EWW
WXSVEKISRP]EWEHIJEYPXWIXXMRK
SJ97&GSRRIGXMSRQSHI
)\XIVREP7(GEVH"
'LIGOWXSXEPWTEGIERHEZEMPEFPI
WTEGI8SYGL9RQSYRX)\XIVREP
7(GEVHJSVWEJIVIQSZEP-J]SY
[ERXXSHIPIXIEPPHEXEJVSQXLI
I\XIVREPQMGVS7(GEVHXSYGL
*SVQEX)\XIVREP7(GEVHXS
JSVQEXMX
-RXIVREP7(GEVH"
'LIGOWXSXEPWTEGIERHEZEMPEFPI
WTEGI8SYGL9RQSYRX-RXIVREP
7(GEVHJSVWEJIVIQSZEP-J]SY
[ERXXSHIPIXIEPPHEXEJVSQXLI
MRXIVREPQMGVS7(XSYGL*SVQEX
-RXIVREP7(GEVHXSJSVQEXMX
-RXIVREPTLSRIWXSVEKI"
'LIGOWXLI%ZEMPEFPIWTEGI
0ERKYEKIOI]FSEVH
9WIXLI0ERKYEKIOI]FSEVH
WIXXMRKWXSWIPIGXXLIPERKYEKIERH
VIKMSRJSVXLIXI\XSR]SYVTLSRI
ERHJSVGSRJMKYVMRKXLISRWGVIIR
OI]FSEVHMRGPYHMRK[SVHWXLEX]SY
LEZIEHHIHXSXLIHMGXMSREV]
:SMGIMRTYXSYXTYX
:SMGIMRTYX"
:SMGIVIGSKRM^IVWIXXMRKWi
9WIXLI:SMGIVIGSKRM^IV
WIXXMRKWXSGSRJMKYVIXLI%RHVSMH
ZSMGIMRTYXJIEXYVI
0ERKYEKI3TIRWEWGVIIR
[LIVI]SYGERWIXXLIPERKYEKI
]SYYWI[LIRIRXIVMRKXI\XF]
WTIEOMRK
7EJI7IEVGL3TIRWEHMEPSK
[LIVI]SYGERWIX[LIXLIV]SY
[ERX+SSKPI7EJI7IEVGLJMPXIVXS
FPSGOWSQIVIWYPXW
d
d
7IXXMRKW

XMQI^SRIVEXLIVXLERSFXEMRMRK
XLIGYVVIRXXMQIJVSQXLIQSFMPI
RIX[SVO
%FSYXTLSRI
:MI[PIKEPMRJSVQEXMSRERHGLIGO
TLSRIWXEXYWERHWSJX[EVIZIVWMSR
;M*M
;MXL;M*M]SYGERYWILMKL
WTIIHMRXIVRIXEGGIWW[MXLMRXLI
GSZIVEKISJXLI[MVIPIWWEGGIWW
TSMRX%4
=SYGERIRNS][MVIPIWWMRXIVRIX
[MXL;M*M[MXLSYXI\XVEGLEVKIW
8YV R SR ;M*M
*VSQXLILSQIWGVIIRSTIRXLI
RSXMJMGEXMSRHVE[IVERHXSYGL
SR
3VXSYGL%TTPMGEXMSR"7IXXMRKW
";MVIPIWWRIX[SVOWXLIR
XYVR;M*MSR
8SGSRRIGXXS;M*M
'LSSWI;M*MRIX[SVO]SY[ERX
XSGSRRIGXXS-J]SYWII 
]SYRIIHXSIRXIVTEWW[SVHXS
GSRRIGX
238)
-J]SYEVISYXSJ;M*MEVIEERH
GLSSWI+GSRRIGXMSREHHMXMSREP
GLEVKIWQE]FIETTPMIH
-J]SYVTLSRIGLERKIWXSWPIIT
QSHIIZIR[LIRGSRRIGXIHXS
;M*MXLI;M*MGSRRIGXMSR[MPPFI
HMWEFPIHEYXSQEXMGEPP]MR[LMGL
GEWIMJ]SYVTLSRILEWEGGIWW
XS+HEXEMXQE]FIGSRRIGXIH
XSXLI+RIX[SVOEYXSQEXMGEPP]
ERHEHHMXMSREPGLEVKIWQE]FI
ETTPMIH
8LI0+4LWYTTSVXW3TIR
;)4;4%;4%47/\)%4
WIGYVMX]-J]SYV;M*MWIVZMGI
TVSZMHIVSVRIX[SVOEHQMRMWXVEXSV
WIXWIRGV]TXMSRJSVRIX[SVO
WIGYVMX]JMPPMRXLIOI]MRXLITST
d
d
d

Navigation menu