Elementos sobre la justicia

Citation preview

!"#"$%&’(’&)*"(!+(,-’%./.+ !"#$%!&%"’(#’)!’*%"+’*+,+-./%!+

0+)12)#./#3’4%.1/*#’ ,#-#!5+"’"+.1#’,%’6)"5/*/%’7’4%.1/*#’0+)12)#./#8’91:,+;+’#5/!%?’@’A+;+5BC’ (/5+1/%,’ D!/E#1"/(%(’(#,’F+"%1/+3’4%*),5%(’(#’G)1/"91)(#!*/%3’HIJK? L//3’MKN’9B;/!%"?’@’O>+,#**/:!’P#L5+"’(#’G)1/"91)(#!*/%Q RSATC’UVNWUKNWVMNWXXUWJ’O/-91#"+Q RSATC’UVNWUKNWVMNWXVIWV’O(/;/5%,Q P#+1Y%’(#,’(#1#*Z+’7’G)"5/*/%’@’41%!*/%’7’[#1#*Z+’*+!"5/5)*/+!%,’@’41%!*/%’7’S#9%1%*/:!’(#’9+(#1#"’7’G)"5/*/%’ 51%!"/*/+!%,’7’R?’=%-.1%!+’>#5/!%3’+,#**/:!’P#L5+"’(#’G)1/"91)(#!*/% a’’ (/5+1/%,’D!/E#1"/(%(’(#,’F+"%1/+ a’’D!/E#1"/(%(’(#,’F+"%1/+3’’4%*),5%(’(#’G)1/"91)(#!*/% a’ 4%.1/*#’0+)12)#./# a’ #5/!%3’9+1’#,’‘1:,+;+

‘1/-#1%’#(/*/:!C’A+;+5B’[?>?3’!+E/#-.1#’(#’HIJK

RSATC’UVNWUKNWVMNWXXUWJ’O/-91#"+Q’ RSATC’UVNWUKNWVMNWXVIWV’O(/;/5%,Q

>++1(/!%*/:!’#(/5+1/%,C’ (/5+1/%,’D!/E#1"/(%(’(#,’F+"%1/+ P1%()**/:!C’’S%!5/%;+’F#"51#9+3’*+!’#,’%9+b+’(#’,%’ -.%6%(%’’ ’ ’ (#’41%!*/%’#!’>+,+-./% [/"#$+’(#’*)./#15%C’c/;)#,’F%-Y1#&3’d/,d%’[e [/%;1%-%*/:!C’‘1#*+,+-./’ DW[%E/(’F#b#" R-91#"/:!C’f91#""?’ "5)(/+’e1Bg*+’b’[/;/5%,’S?’h? (/5+1/%,’D!/E#1"/(%(’(#,’F+"%1/+ !""#"!$%$&’$()*+,(-$./012!$34($5$6#789.2.$):%$4)$44 Z559C77#(/5+1/%,?)1+"%1/+?#()?*+

R-91#"+’b’Z#*Z+’#!’>+,+-./%’ .&#/$’")*/")-*"’)#/)0%1%-2#*

P+(+"’,+"’(#1#*Z+"’1#"#1E%(+"?’ "5%’+.1%’!+’9)#(#’"#1’1#91+()*/(%’"/!’#,’9#1-/"+’91#E/+’9+1’#"*1/5+’(#’,%’ (/5+1/%,’D!/E#1"/(%(’ (#,’F+"%1/+?

0&$%"$.1&

2*3!&4&’ i%’G)"5/*/%’#!’,%’9#1"9#*5/E%’*+-9%1%(%’(#’4%.1/*#’0+)12)#./#’?????????? ’ 3#11#*-)4*-2&*/%)0’$#/* 5$%*&1-//.3$’ S+.1#’,%’1#;),%*/:!’6)(/*/%,’??????????????????????????????????????????????????????????????????? ’

/L

M

2+*%"(6 7+(,-’%./.+("$(!+(’"8+*+/.3$(1"(8&1"*"’ 9:(7+(,-’%./.+;(-$(%"*/"*(8&1"* J?’’ ,’*+!51%9+(#13’g!%,-#!5#’*+!+*/(+?’D!’%!B,/"/"’(#’,%’(#-+*1%*/%’ 0.2;(!+’(!.)"*%+1"’ J?’’ ,’"#!5/(+’(#,’%15Y*),+’XX’(#’,%’>+!"5/5)*/:!’(#,’]’(#’+*5).1#’(#’JUKN’’ H?’’ i%’1#*#9*/:!’(#’,%"’!+1-%"’#)1+9#%"’(#’91+5#**/:!’(#’,+"’(#1#*Z+"’’ A=>!2.;$#2$#7$."?#2$B="C?10.$9"!208;’??????????????????????????????????????????????????? ’ M?’’ i+"’#^#*5+"’(#’,%’*)#"5/:!’91/+1/5%1/%’(#’*+!"5/5)*/+!%,/(%(’Om‘>Q’’ b’,%’^)!*/:!’(#’1#;),%*/:!’(#,’>+!"#6+’>+!"5/5)*/+!%,’????????????????????????? ’

JMK

J]U JXU

JUJ HJM HHK

2+*%"(G =-’%./.+(%*+$’./.&$+!(>(%*+$’./.3$(/&$’%.%-/.&$+! 9:(7+("H.’%"$/.+(1"(!+(,-’%./.+(%*+$’./.&$+! J?’’ ji%’!+*/:!’(#’6)"5/*/%’51%!"/*/+!%,’5/#!#’"#!5/(+k’????????????????????????????????? ’ H?’’ c+(%,/(%(#"’b’-#*%!/"-+"’(#’,%’6)"5/*/%’51%!"/*/+!%,’?????????????????????????? ’

H]K HXJ

+-/"/+!#"’(#’,%’E#1(%(’#’/!"5/5)*/+!#"’#2)/E%,#!5#"’??????????????????????????? ’ H?’’ >+-/"/+!#"’(#’/!E#"5/;%*/:!’???????????????????????????????????????????????????????????????? ’ M?’’ >+-/"/+!#"’9%1%’#,’#"5%.,#*/-/#!5+’(#’,+"’Z#*Z+"???????????????????????????????? ’ ]?’’ G)"5/*/%’51%(/*/+!%,’b’*+!")#5)(/!%1/%’??????????????????????????????????????????????????? ’ K?’’ G)1/"(/**/+!#"’/!5#1!%*/+!%,#"’+’/!5#1!%*/+!%,/&%(%"’???????????????????????????? ’

HVV HUU MIU MJM MHJ

0:(7+’("$’"I+$J+’(1"(!+(,-’%./.+(%*+$’./.&$+! J?’’ S+.1#’,%’"/!*#1/(%(’(#’,+"’91+*#"+"’(#’6)"5/*/%’51%!"/*/+!%,’??????????????????? ’ H?’’ F#9%1%1’,+"’9#16)/*/+"’(#’,%’Z/"5+1/%’?????????????????????????????????????????????????????? ’

MMK M]U

9$"H&’ F#^#1#!*/%’(#’,%"’*+!51/.)*/+!#"’-#!*/+!%(%"’????????????????????????????????????? ’

MKV

E///

2*3!&4& 7+(=-’%./.+("$(!+(8"*’8"/%.?+(/+*+1+(( 1"(K+)*./"(L&-*M-")."

‘+1’,%’;#!#1+"%’E+,)!5%(’(#,’‘1+^#"+1’4%.1/*#’0+)12)#./#’5#!;+’#,’91/E/W ,#;/+’(#’91#"#!5%1’")’,/.1+’!1’-’/$%()(%2&’)1*)56($#+#*7’2)#’1#*+;#’)!%’"#1/#’ ?#$!"+!"5/5)*/+!%,’OrstuQ3’[/1#*5+1’(#’,%’ "*)#,%’ [+*5+1%,’(#’[#1#*Z+’(#’,%’D!/E#1"/(%(’(#’A)1(#+"3’[/1#*5+1’(#,’R!"5/5)5+’ 9%1%’#,’[#"%11+,,+’(#’,%’ !"#$%!&%’S)9#1/+1’41%!*:^+!%’OR[ SD4Q’b’(#,’ cB"5#1’H’o>+!5#!*/+"+"’9l.,/*+"p3’^)#’91+9)#"5+’#!’HIJ]’9+1’#,’‘1#"/(#!5#’ (#’,%’h"%-.,#%’T%*/+!%,’^1%!*#"%’9%1%’Z%*#1’9%15#’(#,’>+!"#6+’S)9#1/+1’ (#’,%’c%;/"51%5)1%’OuvwQ?’S/’%’#,,+’"#’")-%’2)#’Z%’"/(+’*+,%.+1%(+1’1#;),%13’ (#"(#’HIIV3’(#’,%’_1;%!/&%*/:!’R!5#1!%*/+!%,’(#’,%’41%!*+^+!Y%’Oxys Q’#!’ *%,/(%(’(#’#L9#15+’"+.1#’%")!5+"’*+!"5/5)*/+!%,#"3’(#’^+15%,#*/-/#!5+’(#’,%"’ *%9%*/(%(#"’(#’,%"’/!"5/5)*/+!#"’6)(/*/%,#"3’b’(#’,%’6)"5/*/%’51%!"/*/+!%,’#!’ 7.;$@!C;#;$#2$0.2L10+!"#6+’(#’ "5%(+3’-#(/%!5#’#,’h*5+’i#;/",%5/E+’(#,’JI’(#’"#95/#-.1#’ (#’JUJ]’Ozzz?*#!5#!%1/+*+!"#6+(##"5%(+?*+-Q8’"#’*+!"+,/(:’#!’#,’"#-/W !%1/+’+1;%!/&%(+’9+1’,%’-/"-%’)!/E#1"/(%(’b’#,’>+,#;/+’(#’h.+;%(+"’F+W "%1/"5%"’9%1%’%!%,/&%1’#,3’#!5+!*#"’91+b#*5+3’Z+b’h*5+’i#;/",%5/E+’IH’(#,’J’ (#’6),/+’(#’HIJK’o9+1’-#(/+’(#,’*)%,’"#’%(+95%’)!%’1#^+1-%’(#’#2)/,/.1/+’(#’ 9+(#1#"’b’1#%6)"5#’/!"5/5)*/+!%,p3’b’"#’*+!*1#5:’#!’,%’l,5/-%’E/"/5%’(#,’%)5+1’ %’>+,+-./%’*+!’-+5/E+’(#,’4+1+’+1;%!/&%(+’9+1’,%’1#E/"5%’S#-%!%’"+.1#’ oi%’6)"5/*/%’#!’#,’9+"*+!q/*5+C’6)"5/*/%’51%!"/*/+!%,’b’6)"5/*/%’9#!%,’-/,/5%1p?’ E#!5+"’5+(+"’#!’,+"’2)#’4%.1/*#’0+)12)#./#’%9+15:’")"’,)*#"’*+!’/!-#!"%’ .1/,,%!5#"’b’9#15/!#!*/%? L

!"#$%$

M=$12#2121;@."=0A.;$@!C;#;$QG=#$87$A!$+!"5/5)*/+!%,’*+-+’o6)#&’*+!"5/5)*/+!%,p?’ 4)!*/:!’6)1/"(/**/+!%,’%’(/^#1#!*/%1’/;)%,-#!5#’(#’,%’^)!*/:!’*+!"),5/E%’2)#’ ?#;!"".77!$#7$ .2;#B.$?#$K;+!"),5%’/!"#15%’#’/-.)/(%’(#,’#"5%5)5+’(#’ ,%’1%-%’6)(/*/%,3’%"Y’!+’*)-9,%’)!%’^)!*/:!’6)1/"(/**/+!%,? !D#$!07!"!"$D182$G=#$7!$2.01J2$?#$T@.?#"$B=?101!7U-$@!"!$2.;.+!"#6+’(#’ "5%(+’b’(#’,%’6)1/"(/**/:!’%(-/!/"51%5/E%’b’#!’ #"9#*/%,’1#*/#!5#-#!5#’#,’(#,’>+!"#6+’>+!"5/5)*/+!%,3’#!’9%15/*),%1’EY%’,%’ *)#"5/:!’91/+1/5%1/%’(#’*+!"5/5)*/+!%,/(%(’O|}uQ? _51%’91#*/"/:!’1#"),5%’!#*#"%1/%’*+!’,%’!+*/:!’(#’c/!/"5#1/+’‘l.,/*+’ #!’41%!*/%3’/!"#15+’#!’#,’+1(#!’6)(/*/%,’9#1+’"+-#5/(+’%’,%’6#1%12)Y%’(#,’c/W !/"51+’(#’G)"5/*/%’*+-+’(/1#*5+1’(#’,%’9+,Y5/*%’*1/-/!%,’(#,’ "5%(+3’#6#-9,+3’ !+"’(/*#’4%.1/*#3’(#’,%’o*+!*#9*/:!’^1%!*#"%’(#’,%’"#9%1%*/:!’(#’9+(#1#"p3’ 2)#’!+’(#.#’,,#E%1’%’*+!^)"/+!#"’*+!’#,’*+!*#95+’(#’c/!/"5#1/+’‘l.,/*+’#!’ >+,+-./%? h(E#15/(+’(#’#"5+"’#,#-#!5+"’(#’E+*%.),%1/+3’#,’,#*5+1’!+’#!*+!51%1B’ (/g*),5%(’%,;)!%’#!’%91#*/%1’#,’*)/(%(+"+’b’");#"5/E+’#!51%-%(+’*+!*#95)%,’ 2)#’#,’%)5+1’!+"’91+9+!#’#!’*%(%’)!%’(#’,%"’51#"’9%15#"’#!’2)#’(/E/(#’,%’+.1%? !’,%’91/-#1%’#"5)(/%’(#"(#’,%’9#1"9#*5/E%’5#:1/*%’,%’6)"5/*/%’#!’#,’-%1*+’ (#’,%’"#9%1%*/:!’(#’9+(#1#"?’ !’9%15/*),%1’%.+1(%’#,’%!B,/"/"’(#’,%’(#-+*1%W 01!$0.2;.$@."$7!$!"W=>#2D182$?#$7!;$>=!2.;$#2$#7$."?#2$B="C?10.$9"!208;$I$D182$?#$>!2#"!$ !+5%.,#’*+!’,+"’#^#*5+"’(#’,%’%9,/*%*/:!’(#’,%’g;)1%’/!51+()*/(%’#!’,%’1#W E/"/:!’*+!"5/5)*/+!%,’(#,’HM’(#’6),/+’(#’HIIN’(#’,%’*)#"5/:!’91/+1/5%1/%’(#’ *+!"5/5)*/+!%,/(%(’O|}uQ? !’#"5#’9)!5+’*%.#’(#"5%*%1’2)#’,%"’9%15/*),%1/(%(#"’(#’,%’/!*+19+1%W */:!’(#’,%"’!+1-%"’#)1+9#%"’"+.1#’91+5#**/:!’(#’,+"’(#1#*Z+"’Z)-%!+"’#!’ #7$."?#2$B="C?10.$9"!208;$7.$77#N!2$!$!2!71H!"$2.$;.7.$7.;$#7#>#2+!"5/5)*/:!’9)#(#3’!+’+."5%!5#3’"#1’ 0.2;1?#"!?!$@."$#7$B=#H$!?>121;.$2.$0.29.">#$ %’,%’>+!E#!*/:!’ )1+9#%’(#’[#1#*Z+"’0)-%!+"? 4/!%,/&%’#,’%)5+1’*+!’#,’5#-%’(#’,%’6)"5/*/%’51%!"/*/+!%,’2)#’%.+1(%’#!’,%’ 5#1*#1%’9%15#’(#,’,/.1+?’S#’/!5#11+;%’%,’1#"9#*5+’"/’,%’!+*/:!’(#’6)"5/*/%’51%!W "/*/+!%,’5/#!#’"#!5/(+3’9%1%’1#"9+!(#1’(#’-%!#1%’9+"/5/E%3’,)#;+’(#’%!%,/&%1’ ")’^)!(%-#!5+’b’")’9#15/!#!*/%’#!’#,’-%1*+’(#,’*+!*#95+’(#’1#;),%*/:!’2)#’ %51%E/#"%’#,’91+9:"/5+’(#’,%’91#"#!5#’+.1%’#!’5+(%"’")"’9%15#"? h.+1(%3’#!5+!*#"3’,%"’-+(%,/(%(#"’b’-#*%!/"-+"’(#’,%’-/"-%’%’9%15/1’ (#’")"’*)%51+’#6#"’^)!(%-#!5%,#"C’,+"’(#1#*Z+"’%’,%’6)"5/*/%3’%’,%’E#1(%(3’%’,%’ 1#9%1%*/:!’b’%’,%’!+’1#9#5/*/:!3’)!/(+"’%’,%"’!#*#"%1/%"’1#^+1-%"’/!"5/5)*/+W !%,#"’2)#’(#.#!’;%1%!5/&%1,+"? L%-/!%’#!"#;)/(%’%,;)!%"’#L9#1/#!*/%"’(#’6)"5/*/%’51%!"/*/+!%,3’9%15/W *),%1-#!5#’#!’#,’B-./5+’^1%!*:^+!+3’(#5%,,%!(+’*%"+"’*+!*1#5+"’#!’>%!%(B3’ L///

!"#"$%&’(’&)*"(!+(,-’%./.+

>+"5%’(#’c%1g,3’c%(%;%"*%13’c%,/3’c%11)#*+"3’P+;+3’F)-%!/%3’>Z%(3’PlW !#&3’A)1d/!%’4%"+3’A)1)!(/3’>%-.+b%3’iY.%!+’b’F)%!(%?’‘%1%’*+!*,)/1’*+!’ %,;)!%"’#!"#$%!&%"’(#’#"+"’91+*#"+"3’(#"5/!%(+"’%’1#9%1%1’,+’2)#’#,’%)5+1’ ,,%-%’o,+"’9#16)/*/+"’(#’,%’0/"5+1/%p? S+!3’9+1’")9)#"5+3’-)*ZY"/-%"’,%"’1#q#L/+!#"’2)#’#,’#L%-#!’(#’#"5+"’ *%"+"’")"*/5%’b’2)#’Z%*#!’#E/(#!5#’#!’91/-#1’,);%1’,%’"/!;),%1/(%(’(#,’*%"+’ *+,+-./%!+’b’,%’#"9#*/g*/(%(’(#’,%"’"+,)*/+!#"’2)#’(#.#-+"’/-%;/!%1’#!’ -%5#1/%’(#’6)"5/*/%’51%!"/*/+!%,? K>@#".$D182$;.2$>=0A!;$7!;$@1;.;$#20.2.$#7#>#2+,+-./%?’i%"’(/^#1#!*/%"’9%1#*#!’ #N1?#2.$D182$7!;$;#>#B!2H!;R$S;C-$#2$P"!201!$0.>.$#2$ .7.>W ./%’,%’o%-./*/:!’(#’6)"5/*/%p’#"5B’(#"^%"%(%’1#"9#*5+’(#’,+"’-#(/+"’2)#’"#’,#’ %"/;!%!3’9)#"’,+"’1#*)1"+"’2)#’"#’(#"5/!%!’%,’^)!*/+!%-/#!5+’(#’,%’6)"5/*%’ 9%1#*#!’#!’*+!51%(/**/:!’#!’%-.+"’9%Y"#"’*+!’,+"’(/"*)1"+"’1#*)11#!5#"’ ^%E+1%.,#"’%’,%’91+-+*/:!’(#’,%’6)"5/*/%3’#,’-#6+1%-/#!5+’(#,’%**#"+’%’,+"’ 6)#*#"’b’,%’(/"-/!)*/:!’(#’,%’(#-+1%’#!’,+"’6)/*/+"? cB"’%,,B’(#’#"%’*+!"5%5%*/:!’2)#3’%,’g!%,3’!+’#"’#,’^%*5+1’(#5#1-/!%!5#3’ 9)#"’#"’#!’,%’*%,/(%(’(#’,%’;#"5/:!’(#’,+"’1#*)1"+"’2)#’"#’(#"5/!#!’(+!(#’"#’ #!*)#!51%’,%’*,%E#’(#’#"5#’%")!5+3’#"’#!’#,’%!B,/"/"’(#’,%’,#;/5/-/(%(’(#’,%’ ,%.+1’(#,’6)#&’(+!(#’"#’#!*)#!51%’5%,’E#&’)!+’(#’,+"’#,#-#!5+"’-B"’,,%-%W 5/E+"’(#,’51%.%6+’2)#’%2)Y’"#’91#"#!5%? !’#"5#’"#!5/(+’!+"’1#*)#1(%’4%.1/*#’0+)12)#./#’2)#’oi%’1#;),%*/:!’ ,#’9#1-/5#’%,’6)#&’(#"#-9#$%1’)!’1+,’(#’9%*/g*%(+13’#"’(#*/13’(#’%9%*/;)%1’ ,+"’*+!q/*5+"’b’!+’(#’*%)"%1,+"?’ "5+’#"’9%15/*),%1-#!5#’*/#15+’9%1%’#,’6)#&’ *+!"5/5)*/+!%,3’9)#"’9)#(#’9%*/g*%1’#,’(#.%5#’%,’*)#"5/+!%1’#,’91+()*5+’(#’ ,%"’%,/%!&%"’#!51#’#,’#6#*)5/E+’b’#,’,#;/",%5/E+’(#./(+’%’,%’,:;/*%’-%b+1/5%1/%’ .$!$7!$#2X$.$@=#?#$@!01/0!"7.$!7$"#;.7N#"$ ,+"’9+"/.,#"’(#"%*)#1(+"’#!51#’#"5+"’(+"’9+(#1#"p? L/E

!"#$%$

,’%)5+1’%(E/#15#’2)#’o,%’^)!*/:!’(#’1#;),%*/:!’!+’"#’,/-/5%’%’;%1%!5/&%1’ 2)#’"#’91#"#1E#!’,+"’(+-/!/+"’(#’*+-9#5#!*/%’(#’*%(%’9+(#1’O#!’*%"+’(#’ 2#0#;1?!?$>#?1!2+,+-./%’9+1’Z%.#1’*+!51/.)/(+’*+!’,%’ g!%!*/%*/:!’(#’,%’51%()**/:!’(#’,+"’5#L5+"’2)#’/!5#;1%!’#"5#’,/.1+?’S)’*%,/(%(’ b’,%’9#15/!#!*/%’(#’")’*+!5#!/(+’9%1%’#!1/2)#*#1’#,’(#.%5#’%*5)%,’"+.1#’#,’ ^)5)1+’(#’!)#"51%’6)"5/*/%’./#!’-#1#*Y%!’#,’#"^)#1&+’(#’5+(+"? A+;+5B3’HH’(#’+*5).1#’(#’HIJK

#5/!% >+!"#6#1+’(#’ "5%(+ ‘1+^#"+1’(#’,%’D!/E#1"/(%(’(#,’F+"%1/+

LE/

5$%*&1-//.3$

N&)*"(!+(*"4-!+/.3$(,-1./.+!

F#;),%1’#"’%1./51%1?’hZ+1%’./#!3’#,’%1./51%6#’(#’,%"’1#,%*/+!#"’#!51#’,+"’9+(#W 1#"’9l.,/*+"’9)#(#’1#%,/&%1"#’#!’(/"5/!5+"’!/E#,#"C’%1./51%6#’+1;%!/&%*/+!%,3’ %1./51%6#’91+*#()1%,3’%1./51%6#’!+1-%5/E+? [#"(#’#"5%’9#1"9#*5/E%3’,%’1#;),%*/:!’*/#15%-#!5#’#"5B’%,’"#1E/*/+’(#,’ #2)/,/.1/+’(#’9+(#1#"’+’(#’,%"’1#,%*/+!#"’/!5#1/!(/E/()%,#"’O%)!2)#’#!’#"5#’ *%"+’"#’51%5%’(#’)!%’(/-#!"/:!’#"5B5/*%Q8’9#1+’#"5B’-)*Z+’-B"’%,’"#1E/*/+’ (#,’1##2)/,/.1/+’9#1-%!#!5#’(#’,+"’9+(#1#"3’")9,/#!(+3’-#(/%!5#’%6)"5#"’/!W ()*/(+"3’%6)"5#"’2)#’(#.#1Y%!’"#1’#"9+!5B!#+"’O9#1"9#*5/E%’(/!B-/*%8’,:;/*%’ ;1;10!$?#7$B=#W.$?#$@.?#"#;$#2$7!$?#>.0"!01!$0.2;+!"#6+’>+!"5/5)*/+W 2!7$9"!208;-$@."$#B#>@7.-$;#$!=!!71;10!$?#7$B=#W.$ (#’9+(#1#"3’,%’^)!*/:!’1#;),%(+1%’(#’,%"’6)1/"(/**/+!#"’O#"9#*/%,-#!5#’(#’ ,%"’")91#-%"Q’!+’"#’/!"*1/.#’l!/*%-#!5#’#!’)!%’"+,%’(/-#!"/:!’1#,%*/+!%,’ ?1"#012.;_$7!$;!201J2-$G=#$0.""#;@.2?#$!$7!$9!0=7D.;$0!;.;-$0.>.$@.?#"$!=!"$G=#$7!$B=;12.-$#2$7!$>#?1?!$#2$G=#$#7$B=#H$#;$=2$@.?#"$G=#$ #-%!%’(#’,%’*+-)!/(%(’9+,Y5/*%? K

!"#"$%&’(’&)*"(!+(,-’%./.+

[#’,+’%!5#1/+1’"#’(#"91#!(#’,%’91#;)!5%3’-B"’"#!*/,,%’(#’1#"+,E#13’%*#1*%’ (#’,%’#L5#!"/:!’(#,’9+(#1’(#’1#;),%*/:!?

@:(OL+’%+(M-Q(8-$%&(!+(,-’%./.+(8-"1"(%"$"*(( -$+(#.’.3$(*"4-!+1&*+R !’#"5#’*%"+’"#’51%5%’(#’91#;)!5%1"#’9+1’,%’#L5#!"/:!’b’,%’!%5)1%,#&%’(#’,%"’ *+-9#5#!*/%"’2)#’"#’-+E/,/&%!’9%1%’#6#1*#1’,%’^)!*/:!’(#’1#;),%*/:!?’i%’ 1#;),%*/:!’,#’9#1-/5#’%,’6)#&’(#"#-9#$%1’)!’1+,’(#’9%*/g*%(+13’#"’(#*/13’(#’ %9%*/;)%1’,+"’*+!q/*5+"’b’!+’(#’*%)"%1,+"?’ "5+’#"’9%15/*),%1-#!5#’*/#15+’ 9%1%’#,’6)#&’*+!"5/5)*/+!%,3’9)#"’9)#(#’9%*/g*%1’#,’(#.%5#’%,’*)#"5/+!%1’#,’ 91+()*5+’(#’,%"’%,/%!&%"’#!51#’#,’#6#*)5/E+’b’#,’,#;/",%5/E+’(#./(+’%’,%’,:;/*%’ >!I."1D182$0.2;1;%99#,,#55/3’91+W ^#"+1’/5%,/%!+3’*%,/g*%.%’%’,+"’P1/.)!%,#"’>+!"5/5)*/+!%,#"’*+-+’+,/;%12)Y%"’ /,#;Y5/-%"¡’cB"’#!’;#!#1%,3’j,%’6)"5/*/%’9)#(#’"#1’/,#;Y5/-%k’0#’%,,Y’)!%’ E#1(%(#1%’91#;)!5%’9%1%(:6/*%’#!’)!’*+!5#L5+’(#’*+!"+,/(%*/:!’(#,’ "5%(+’ (#’(#1#*Z+’2)#’91+-)#E#’#,’9+(#1’6)1/"(/**/+!%,? !5+!*#"3’j*)B,#"’"#1Y%!’,+"’/!(/*/+"’(#,’;+./#1!+’(#’,+"’6)#*#"k’j ,’ Z#*Z+’(#’/!5#19+!#1’(#-%!(%"’%!5#’"Y’-/"-+"k’j ,’Z#*Z+’(#’(#*/(/1’61 $&*)9’$#$*k’ji%’*1#%*/:!’(#’91/!*/9/+"’’I)/#=#1%k’j ,’Z#*Z+’(#’,/.#1%1"#’(#,’ 5#L5+’,#;/",%5/E+’+’*+!"5/5)*/+!%,k’ji%’51%/*/:!’(#,’#"9Y1/5)’(#’,%’,#b3’(#’,%’ ’*+!"5/5)*/:!’+’(#’,%’/!5#!*/:!’(#,’,#;/",%(+1’b’#,’*+!"5/5)b#!5#k’j ,’Z#*Z+’ (#’2)#’#,’6)#&’*+!"5/5)*/+!%,’)5/,/*#’1#"#1E%"’(#’/!5#191#5%*/:!k K7$ .2;#B.$ .2;+!"5/5)*/+!%,’"#’1#Zl"%’%’*+!51+,%1’,%"’,#b#"’2)#’#L91#"%!’(/1#*W 5%-#!5#’,%’E+,)!5%(’9+9),%13’b%’"#’51%5#’(#’,%"’,#b#"’(#’1#^#1#!(+’OJUXHQ’+’ (#’,%"’,#b#"’(#’1#E/"/:!’(#’,%’*+!"5/5)*/:!’OHIIMQ3’Z%*/#!(+’(#,’9)#.,+’)!%’ #"9#*/#’(#’o5%.l’*+!"5/5)*/+!%,p3’(#’,Y-/5#’/!^1%!2)#%.,#¡’g!%,-#!5#3’§#,’ l!/*+’*+!51+,%(+1’#!’"/5)%*/:!’(#’!+’"#1’*+!51+,%(+’!)!*%¤’n’#"5#’9)#(#’ "#1’#,’,Y-/5#’-B"’%,,B’(#,’*)%,’"#’9/#1(#’,%’*+!g%!&%’#!’,%’6)"5/*/%C’j*)B,’#"’ ,%’,#;/5/-/(%(’(#’)!’9+(#1’2)#’#"*%9%’%’5+(+’*+!51+,’+3’%,’-#!+"3’2)#’(%’,%’ /-91#"/:!’(#’!+’5#!#1’!/!;)!%’+.,/;%*/:!k’R!*,)"+’"/’*,%1%-#!5#’#L/"5#!’ -#*%!/"-+"’9%1%’*+-91+-#5#1’,%’1#"9+!"%./,/(%(’O*/E/,3’9#!%,3’(/"*/9,/!%1/%Q’ +’9%1%’1#^+1-%1’,%"’(#*/"/+!#"? "’#!’#,’!l*,#+’(#’#"5#’-%1;#!’(#’-%!/+.1%3’2)#’"#9%1%’,%’*+(#5#1W -/!%*/:!’(#’,%’!+1-%’(#’")’"+.1#(#5#1-/!%*/:!3’(+!(#’1#"/(#’#,’1/#";+’(#’ (#".+1(%-/#!5+? "5+’(%’+1/;#!’%’(+"’91#;)!5%"? !’91/-#1’,);%13’j,%’9%15/*/9%*/:!’(#’)!’6)#&’#!’#,’9+(#1’,#;/",%5/E+3’ #"’(#*/13’#!’,%’#,%.+1%*/:!’(#,’"#!5/(+’(#’,%’!+1-%3’#"’")g*/#!5#3’*+-+’5%,3’ 9%1%’6)"5/g*%1’,%’*1Y5/*%’(#’)!’o;+./#1!+’(#’,+"’6)#*#"pk’S/!’()(%3’"/’#"5%’ 9%15/*/9%*/:!’"#’Z%*#’-#(/%!5#’)!%’/!5#191#5%*/:!’-)b’,/.1#’(#’,%’,#b3’b’ "/’#"5%’/!5#191#5%*/:!’,,#E%’%’2)#’#,’#"5%5)"’(#,’6)#&’9%"#’(#’*+,#;/",%(+1’%’ V

!"#"$%&’(’&)*"(!+(,-’%./.+

,#;/",%(+1’#!’91+9/#(%(?’ !’-#!+1’;1%(+3’9+1’")9)#"5+3’"/’#,’6)#&’"#’,/-/5%’ %’%9+15%1’91#*/"/+!#"’*+-9,#-#!5%1/%"3’"/!’*+!51%(#*/1’,%’,#b3’!/’(#"!%5)W "!71H!"7!$.$!F!?1"7#$?#>!;1!?.R$a#;@=8;$?#$+-+’#!’#,’*%"+’(#’,%’,#b3’,%’*+!*/"/:!’b’,%’/-91#*/"/:!’(#’,+"’5#L5+"’ *+!"5/5)*/+!%,#"’+.,/;%!’%,’6)#&’%’(%1,#’"#!5/(+’%’,%"’(/"9+"/*/+!#"’2)#’(#.#’ Z%*#1’1#"9#5%1?’‘+12)#3’%!5#’,%’,%;)!%’(#,’5#L5+’*+!"5/5)*/+!%,3’#,’6)#&’(#.#’ N.7N#";#$0.2;+15#?’ "’%’#"5#’91#*/+’2)#’#,’P1/.)!%,’>+!"5/5)*/+!%,’"#1B’%*#95%(+’b’ *+-91#!(/(+’b3’9+1’,+’5%!5+3’,#;Y5/-%3’(#"(#’,%’*)-.1#’(#,’ "5%(+’Z%"5%’,+"’ *+!g!#"’(#,’9%Y"? !’"#;)!(+’,);%13’b’-B"’#!’;#!#1%,3’,%’^)!*/:!’(#’1#;),%*/:!’*+!51/.)b#’ %’2)#’,%"’>+15#"’"#%!’,+"’9/,%1#"’(#,’#(/g*/+’*+!"5/5)*/+!%,C’,%’6)"5/*/%’"/;)#’ "/#!(+3’*+-+’"#’Z%’1#*+1(%(+3’)!’9+(#1’*+!"5/5)/(+’2)#’"+,%-#!5#’(/"9+!#’ (#’)!’9+(#1’(#’%!5#9#!l,5/-%’9%,%.1%’#!’,%’(#-+*1%*/%3’-/#!51%"’2)#’#,’ 9+(#1’(#’l,5/-%’9%,%.1%’9#15#!#*#’%,’9)#.,+’*+!"5/5)b#!5#’+’,#;/",%(+1’2)#’ (%’5+(%’")’,#;/5/-/(%(’%,’P1/.)!%,’>+!"5/5)*/+!%,?’i%’1#,%*/:!’(#’/!5#1%**/:!’ N

!"#$%&’%#$()&’*+,-%.)/+*+’&

(#’,%"’>+15#"’")91#-%"’*+!’#,’9)#.,+’,#"’*+!g#1#3’9%1%’1#5+-%1’,%’#L91#"/:!’ (#’i+)/"’4%E+1#)3’)!’1+,’-B"’(#’*+!51+,’2)#’(#’.,+2)#+? [#"(#’#"5#’B!;),+’(#.#’*+-91#!(#1"#’,%’"/!;),%1’^)!*/:!’(#’,%"’>+1W 5#"’")91#-%"’#!’,%’1#;),%*/:!’(#,’#2)/,/.1/+’(#,’"/"5#-%’(#-+*1B5/*+?’ ,,%"’ 1#91#"#!5%!’#,’#",%.:!’^%,5%!5#’2)#’/-9/(#’,%’91#9+!(#1%!*/%’(#’)!’9+(#1’ "+.1#’+51+’b’2)#’1#91#"#!5%3’%’#"5#’5Y5),+3’#,’/!"51)-#!5+’91/E/,#;/%(+’(#’ 1#%,/&%*/:!’b’;%1%!5Y%’(#,’#"5%(+’(#’(#1#*Z+? "5+"’%"9#*5+"’(#’,%’1#;),%*/:!’6)(/*/%,3’5%!’%91#*/%(%’9+1’,%’(#-+*1%W */%’*+!"5/5)*/+!%,3’(#,’*1#*/#!5#’9+(#1’(#,’9+(#1’6)1/"(/**/+!%,3’9/,%1’(#’,+"’ "5%(+"’#"5%./,/&%(+"3’b’(#’,%’/-9,#-#!5%*/:!’(#’,+"’(/"9+"/5/E+"’(#’6)"5/*/%’ 51%!"/*/+!%,’#!’,%"’"+*/#(%(#"’#!’"/5)%*/:!’(#’*+!q/*5+’+’9+"*+!q/*5+’"+!’,+"’ 2)#’#"5B’+.1%’/!5#!5%’9+!#1’#!’9#1"9#*5/E%?’>+!’)!’9)!5+’(#’*+!E#1;#!*/%3’ %’"%.#13’)!%’6)"5/*/%’/!(#9#!(/#!5#’b’,#;Y5/-%3’#6#’91/!*/9%,’(#’)!’ "5%(+’ (#’(#1#*Z+’*+!"+,/(%(+p?

U

2STUV(W 7S(XYZU[\[S(V](^S(ZV_STS\[‘](( aV(_baVTVZ

9:(7+(,-’%./.+;(-$(%"*/"*(8&1"*

6:( !(/&$%*+8&1"*;(c$+!#"$%"(/&$&/.1& E$(+$d!.’.’(1"(!+(1"#&/*+/.+(/&$’%.%-/.&$+!(( "$(%Q*#.$&’(1"(/&$%*+8&1"*"’

K7$W"!2$12D182$ /!-#(/%5%-#!5#’%’,%’5#+1Y%’%!;,+"%6+!%’(#’,+"’+=’+J()*/")2*1*/+’()O9#"+"’b’ *+!51%9#"+"Q3’b’9+1’,+’5%!5+3’#"9#*/%,-#!5#3’%,’1+,’(#’,%’>+15#’S)91#-%3’*+!’ ^1#*)#!*/%’*%,/g*%(%’(#’*+!51%9+(#13’"/!’2)#’#"5+’*Z+2)#’#!’,+’-B"’-Y!/-+’ *+!’,%’(+*51/!%’*+!"5/5)*/+!%,/"5%’#"5%(+)!/(#!"#?’n3’2)/&B"3’(#./(+’%’2)#’,%’ !+*/:!’(#’*+!51%9+(#1’"#’Z%’)5/,/&%(+’#!’41%!*/%’%!5#"’2)#’!%(%’9%1%’#"5/;W -%5/&%1’%,’>+!"#6+’>+!"5/5)*/+!%,’+3’-B"’#!’;#!#1%,3’%’,+"’6)#*#"3’,%’/(#%’(#’ *+!51%9+(#1’Z%’%(2)/1/(+’)!%’*+!!+5%*/:!’5%!’!#;%5/E%?’[#’%,,Y’#,’"/;)/#!5#’ 9,%!5#%-/#!5+’(#’>,%)(#’e+b%1(C’o !’JUUH’#,’>+!"#6+’>+!"5/5)*/+!%,’"#’ "/5l%’#!’#,’5#11#!+’(#,’#2)/,/.1/+’(#’9+(#1#"3’!+’9+12)#’Z%b%’1#*/./(+’*+-W 9#5#!*/%’9%1%’1##2)/,/.1%1’,+"’9+(#1#"3’*+-+’,+’1#*+1(:’#,’‘1#"/(#!5#’(#’,%’

J

$ [".9#;."$#>8"1+!"5/5)*/+!%,’#1%’)!’*+!51%9+(#1p?H’ "5%’9+"/*/:!’,%’ 51%!"-/5/:’b’%-9,/g*:’G%*2)#"’F+.#15C’o ,’>+!"#6+’>+!"5/5)*/+!%,’!)!*%’ "#’Z%’*+!"/(#1%(+’)!’*+!51%9+(#1?’S/#-91#’Z%’5#!/(+’#,’5#-+1’"#*1#5+’(#’ 2)#’9+1’^)#1%’"#’,#’*%5%,+;)#’*+-+’5%,?’ ,’>+!"#6+’"#’*+!"/(#1%’"/-9,#’b’ 9,#!%-#!5#’#,’;)%1(/B!’(#’,%"’,/.#15%(#"3’-+"51B!(+"#’/!51%5%.,#’#!’1#,%*/:!’ *+!’")’1#"9#5+’l!/*%-#!5#’*)%!(+’,%’+*%"/:!’,+’%-#1/5%’E#1(%(#1%-#!5#p?M’ V!01#[email protected].$>];$?#$#0.$!$7!;$"#!001.2#;$0=!;1+#@1?8">10!;$"#;@#0@.",%)(#’e_nhF[3’oR!51+()*5/+!p3’#!)8F’(9&#$)"’()#/($#$6$#%/(7)1F,L6#1#2&’)"’()9%6?%#&(7)K,1*/,%)(#’P0_ TRe3’oi#"’ *+!51#W9+)E+/1"C’E#1"/+!’(+)*#’#5’E#1"/+!’()1#p3’.%6?%#&()1%+*6I3’-%1&+’(#’JUUJ3’9?’HV8’‘/#11#’‘ hT’b’ ‘Z/,/99#’>_0 T3’8*):*+’)+*+=,’)"6)K%/"’7)"6)+%/$&’ 9%6?%#&)*6I)*26()"’)9%6?%#&3’ (/5/+!"’[+*)-#!5"’ c/,,#’#5’)!#’!)/5"3’HIIM?’ !’#,’9,%!+’6)1Y(/*+3’E#1’>Z%!5%,’c Fhi3’8’()$/*6I):&*/T*#():*+’)U)1*) 56($#+’)’6&%9,’//’7)1’()+1,()"F6/)+%/$&’ 9%6?%#&-$P171@!00A1-$(::%X$e8.$VSbg&-$8’(’560F RA F’b’[+-/!/2)#’R>3’i#’*+!51#W9+)E+/13’*#5’/!*+!!)3’*&$Q)+#$Q3’9?’XNH?

!"#$"%&’()*+&,-)."/’*$0-’(-"%&’&%1,&

#,’9+(#1’2)#’#"’+.6#5+’(#’-+(#1%*/:!’b3’-B"’#!’;#!#1%,3’"+.1#’#,’#2)/,/.1/+’ ;,+.%,’(#,’"/"5#-%’(#’9+(#1#"?’D!’6)#&’*+!"5/5)*/+!%,’*)b%"’(#*/"/+!#"’!+’ ^)#1%!’+.,/;%5+1/%"’9%1%’5+(+"’b’(#’^+1-%’%."+,)5%’!+’5#!(1Y%’-B"’2)#’)!’ *+!51%9+(#1’!+-/!%,’b’!+’^)!*/+!%,?’D!%’+9+"/*/:!’9+,Y5/*%’*+!’)!’(#1#W *Z+’(#’#!-/#!(%’#!*)%(1%(+’-)b’#"51/*5%-#!5#’b’)!’(#1#*Z+’/!#L/"5#!5#’ %’,,#E%1’)!’%")!5+’%,’>+!"#6+’>+!"5/5)*/+!%,3’"#’9%1#*#1Y%’-B"’%’)!’o*+!W 51%9+(#1’9,%5:!/*+p?JK’D!’;+./#1!+’2)#3’#!’9#1/+(+’(#’*+Z%./5%*/:!3’9)#(%’ %9%1#*#1’*+-+’)!’E#1(%(#1+’*+!51%9+(#1’^1#!5#’%,’9+(#1’91#"/(#!*/%,3’(#W ./(+’%’,%’!)#E%’1#9%15/*/:!’(#’*+-9#5#!*/%"’#!’#,’/!5#1/+1’(#,’#6#*)5/E+3’#!’’ )!’9#1/+(+’(#’*+!*+1(%!*/%’(#’,%"’-%b+1Y%"’"#’E#’1#,#;%(+’"/-9,#-#!5#’%’)!’’ 9+(#1’(#’#6#*)*/:!3’"/!’9+"/./,/(%(’1#%,’(#’-+(#1%*/:!’+’/-9#(/-#!5+?’’ !’1#")-#!3’#,’*+!51%9+(#1’9%"%’(#’"#1’E/15)%,’%’1#%,’%’9%15/1’(#,’-+-#!5+’ #!’2)#’")’*%9%*/(%(’(#’/!q)#!*/%’#"’")g*/#!5#’b’-#(/.,#?’S)’#g*%*/%’91B*5/*%’ "#’*+!E/#15#’%"Y’#!’#,’.%1:-#51+’(#’")’,#;/5/-/(%(’^)!*/+!%,?’ "5+’9#1-/5#’ (/^#1#!*/%1’,+"’*+!51%9+(#1#"’#!’^)!*/:!’(#’")’!%5)1%,#&%3’91/-#1+3’b’#!’ 9=201J2$?#$;=$@.?#"-$?#;@=8;R

5A:( $’+>&(1"(-$+(%.8&!&4e+(1"(!&’(/&$%*+8&1"*"’ h’,+’,%1;+’(#’")"’#!"#$%!&%"3’S,+.+(%!’c/,%*/*’-+"51:’*+!’-)*Z%’*+!E/*W */:!’2)#’,+’9+,Y5/*+’b’,+’6)1Y(/*+’"+!’,+"’(+"’(#5#1-/!%!5#"’(#’,%’(#-+*1%*/%’ 9,)1%,/"5%’b’#,’ "5%(+’(#’(#1#*Z+?’S/-9,#-#!5#3’#"5+"’(+"’9%1B-#51+"’"#’ %15/*),%!’-B"’(#’,+’2)#’"#’#L*,)b#!?’i%’/(#%’(#’)!%’*+-./!%5+1/%’2)#’Z%W ;%’91/-%1’)!%"’E#*#"’,+’9+,Y5/*+3’#"’(#*/1’,%"’#,#**/+!#"’b’#,’E+5+3’b’+51%"’,+’ 6)1Y(/*+3’#"’(#*/1’,%’!+1-%’b’#,’6)#&3’9+(1Y%’1#5+-%1"#’%*B’9%1%’#".+&%1’)!%’ 5/9+,+;Y%’(#’,+"’*+!51%9+(#1#"’#!’,%’(#-+*1%*/%? !"9&."%&’()*+&,-)-."+)0’%0+*$5-’(-"12.X$#7$M#2!?.X$.$#7$k.D1#"2.R$ P+(+"’#6#1*#!’#^#*5/E%-#!5#’)!%’^)!*/:!’(#’-+(#1%*/:!? ‘#1+’ #!’ #"5#’ 9)!5+3’ ,%’ ^)!*/:!’ (#’ *+!51%9+(#1’ 9#1-/5#’ )!%’ !)#E%’ (/"5/!*/:!’2)#’1#9+"%’"+.1#’)!’*1/5#1/+’g!%,/"5%C’,%’E+*%*/:!’/!51Y!"#*%’ (#’*%(%’)!+’(#’,+"’9+(#1#"?’ "5+’1#-/5#’%’,+"’,Y-/5#"’(#’,%’1#E#1"/./,/(%(’ 9+(#17*+!51%9+(#1?’h,;)!+"’"+!’*+!51%9+(#1#"’9+1’#"#!*/%8’"+!’!%5)1%,’b’ #"51)*5)1%,-#!5#’*+!51%9+(#1#"’"+.1#’,+"’*)%,#"’,+"’+51+"’%*5+1#"’*+!"5/5)W */+!%,#"’"#’%9+b%!’9%1%’-+(#1%1’,+"’9+(#1#"’(#,’"/"5#-%?’P%,’#"’#,’*%"+’(#,’ 6)#&’+’(#’,%’+9+"/*/:!?’‘+1’#,’*+!51%1/+3’+51+"’1#"9+!(#!’9#1^#*5%-#!5#’%’ ,%’/(#%’(#’()%,/(%(’(#’,%"’/(#!5/(%(#"’b’9+1’,+’5%!5+’(#’,%"’,#;/5/-/(%(#"’b’ *+-9#5#!*/%"3’b’"+,%-#!5#’%**#(#!’%’,%’^)!*/:!’(#’*+!51%9+(#1’-#(/%!5#’#,’ #"9Y1/5)’b’#,’6)#;+’(#,’"/"5#-%?’T+’"+!’-B"’2)#’*+!51%9+(#1#"’+*%"/+!%,#"’+’ *+!6#5)1%,#"?’P%,’#"’#,’*%"+’(#,’S#!%(+JV’2)#’)5/,/&%’")’^%*),5%(’(#’/-9#(/13’ #!’#,’91+*#"+’,#;/",%5/E+3’"+.1#’5+(+’*)%!(+’,%’h"%-.,#%’T%*/+!%,’"#’+9+!#’ 9+,Y5/*%-#!5#’+3’#!’#,’91+*#"+’(#’1#E/"/:!’(#’,%’*+!"5/5)*/:!3’%,’-+-#!5+’ ?#$7!$N.@#?1"$ b’(#*/(/13’"+.1#’5+(+’#!’9#1/+(+’(#’*+Z%./5%*/:!’*)%!(+’"#’*+!E/#15#’#!’#,’ E#1(%(#1+’(#5#!5+1’(#,’9+(#1’#6#*)5/E+?’ ,’1#"5+’(#,’5/#-9+3’#,’;+./#1!+’#"’ #7$#27!0#$?#7$@"#;1?#2 i P3’oi%’\ƒ-#’^8@=D71G=#$!=B.="?pA=1_$=2$"8W1>#$G=1$>!2G=#$?#$0.2(/&$%*+","#8!&’ ,’l!/*+’91+9:"/5+’(#’,%’*,%"/g*%*/:!’91#*#(#!5#’#"’*+!51/.)/1’%’/(#!5/g*%1’ -#6+1’,+"’*+!51%9+(#1#"’#!’,%’(#-+*1%*/%3’9%1%’!+’-%!5#!#1’,%’/,)"/:!’(#’ 2)#’5+(+’o/-9#(/(+1p’#"’%)5+-B5/*%-#!5#’)!’*+!51%9+(#1?’‘+1’#,,+’1#"),5%’ 1#,#E%!5#’)!%’1#q#L/:!’"+.1#’51#"’%*5+1#"’#"#!*/%,#"’(#,’"/"5#-%’(#’#!)!*/%W */:!’*+-9#5/5/E%’(#’,%"’!+1-%"JN’#!’,%’(#-+*1%*/%’*+!"5/5)*/+!%,’*+!5/!)%C’ #,’>+!"#6+’>+!"5/5)*/+!%,3’#,’9)#.,+’b’,%’+9/!/:!’9l.,/*%?

JN

’ S#;l!’,%’#L91#"/:!’(#’[+-/!/2)#’F+)""#%)?

HV

!"#"$%&’(’&)*"(!+(,-’%./.+

!">’":-),*,-)&"%&’()*+&,-)?"-$"+!"#6+’>+!"5/5)*/+!%,’%*5l%’*+-+’*+!51%9+(#1’6)1Y(/*+’#"51)*5)1%,3’,+’ 2)#’%-#1/5%’%,;)!%"’91#*/"/+!#"?’ !’91/-#1’,);%13’^+1-%,-#!5#3’#,’>+!"#6+’ >+!"5/5)*/+!%,’#"’)!’9+(#1’*+!"5/5)/(+’b3’%’#"#’5Y5),+3’/!"5/5)*/+!%,/&%(+3’#"’ (#*/13’2)#1/(+’9+1’#,’*+!"5/5)b#!5#’+1/;/!%1/+?’h,;)!+"’,#’*+!g#1#!’/!*,)"+’ =2$@.?#"$B="1;?1001.2!7-$?#$A#0A.$128?1.?#"!01J2$ O#,’6)#&’*+!"5/5)*/+!%,’o1#;),%(+1’(#’,%’%*5/E/(%(’!+1-%5/E%’(#’,+"’9+(#1#"’ 9l.,/*+"pQJU’+’(#’E/;/,%!*/%’;#!#1%(+1%’(#’+.,/;%*/+!#"’O#,’6)#&’*+!"5/5)*/+!%,’ 91+5#*5+1’(#’,+"’(#1#*Z+"’^)!(%-#!5%,#"Q?’ !’#^#*5+3’-#(/%!5#’")’^%*),5%(’(#’ /-9#(/13’#,’6)#&’*+!"5/5)*/+!%,’")91/-#’(#’,%’,#b’")"’/!*+!"5/5)*/+!%,/(%(#"?’ jT+’,+’*%,/g*%.%’0%!"’“#,"#!’*+-+’)!’,#;/",%(+1’!#;%5/E+k’c#(/%!5#’")’ ^%*),5%(’(#’(#*/(/13’#,’6)#&’*+!"5/5)*/+!%,’9%15/*/9%3’#"5%’E#&’9+"/5/E%-#!5#3’ #!’,%’1##"*1/5)1%’(#’,%’,#b3’#!’,%’*+(#5#1-/!%*/:!’(#,’"#!5/(+’(#’,%’!+1-%3’ #2$@!"+!"#6+3’#,’91#"/(#!5#’(#’,%’F#9l.,/*%’5/#!#’,%’9+"/./,/(%(’(#’"+,/*/5%1’ )!%’!)#E%’(#,/.#1%*/:!’"+.1#’,%’,#b’+’(#’91+-),;%1,%’"/!’,%"’(/"9+"/*/+W !#"’,/5/;/+"%"?’i%’-%b+1Y%’,#;/",%5/E%3’9+1’")’9%15#3’"#’E#’91+;1#"/E%-#!5#’ #!-%1*%(%’#!’)!’"/"5#-%’(#’1#"51/**/+!#"’*+!"5/5)*/+!%,#"’2)#’,%’+.,/;%!’ %’/!5#1/+1/&%13’%!5#"’(#’,%’E+5%*/:!’(#’)!%’,#b3’)!%’#"9#*/#’(#’o*),5)1%’(#’ *+!"5/5)*/+!%,/(%(p?’ !’*)%!5+’%’,+"’6)#*#"’+1(/!%1/+"3’")’/!5#191#5%*/:!’(#’

JU

$ e.=1;$PSng^Kc-$Te#$ .2;#17$0.2;+!"5/W 5)*/+!%,’1#l!#’,+"’51#"’*1/5#1/+"’(#’/(#!5/g*%*/:!’9%1%’"#1’*+!"/(#1%(+’*+-+’ )!’E#1(%(#1+’*+!51%9+(#1’6)1Y(/*+3’+’/!*,)"+’6)1/"(/**/+!%,3’#!’,%’(#-+*1%*/%’ *+!"5/5)*/+!%,?’ "5+"’*1/5#1/+"’(/^Y*/,-#!5#’"#’9)#(#!’51%"9+!#1’%,’91/-#1+’ (#’5+(+"’,+"’%*5+1#"’(#-+*1B5/*+"C’#,’9)#.,+3’"+.#1%!+’b’*+!"5/5)b#!5#? 3!">’"%&’()*+&,-)",0.%/(02$-?"-$"+/-2$& i,#;%-+"’%2)Y’6)"5%-#!5#’%’+51+’,Y-/5#’(#’,%’,:;/*%’o1#;1#"/E%p’(#’,%’1+!(%’(#’ ,+"’9+(#1#"’b’*+!51%9+(#1#"’#!’,%’2)#’)!’9+(#13’#!’^)!*/:!’(#’,%"’1#,%*/+!#"’ E%1/%.,#"’(#’^)#1&%3’9%1#*#’#1/;/1"#’*+-+’*+!51%9+(#1’9%1%’-+(#1%1’)!’5#1*#1’ 9+(#1?’ ,’91/-#1’,Y-/5#3’*+-+’E/-+"3’"#’91#"#!5%’9+12)#’%,;)!+"’9+(#1#"’ #"5B!’/!"5%,%(+"’#"51)*5)1%,-#!5#’#!’#,’1+,’(#’*+!51%9+(#1?’n’#,’"#;)!(+’ ,Y-/5#3’,%’1#E#1"/./,/(%(’(#’,%"’/(#!5/(%(#"3’*Z+*%’*+!’)!’9+(#1’9%15/*),%13’#,’ 9)#.,+?’[/*Z+’(#’+51+’-+(+3’j9+(#-+"’/-%;/!%1’2)#’#,’9)#.,+3’#,’91/-#1+’ (#’,+"’9+(#1#"3’9)#(%’"#1’#,’9+(#1’9+1’#,’2)#’5+(+"’,+"’9+(#1#"’#L/"5#!’b’%’ ,%’E#&’#,’*+!51%9+(#1’%’,+"’9+(#1#"’*+!"5/5)/(+"k’‘%1#*#’2)#’!+3’9+12)#3’#!’ 91/-#1’,);%13’#,’9)#.,+’#"’"+.#1%!+?’hZ+1%’./#!3’,%’,:;/*%’^+1-%,’(#,’(#1#W 0A.$?1/0=7.$#2$7!$?#>.0"!01!$"#@"#;#2+!"5/W 5)*/+!%,?’h’#"5#’5Y5),+3’#,’9+(#1’*+!"5/5)b#!5#’*/#15%-#!5#’-+E/,/&%’)!%’^%*),5%(’(#’/-9#(/1’9%1%’ *+!g1-%1’#,’91/!*/9/+’"#;l!’#,’*)%,’#!’,%’(#-+*1%*/%’#,’9)#.,+’"+.#1%!+’#"’2)/#!’9+"##’#,’9+(#1’(#’,%’’ l,5/-%’9%,%.1%?’

MI

HJ

’ S,+.+(%!’cRih>R>3’i#’*+!51#W9+)E+/13’*#5’/!*+!!)3’*&$Q)+#$Q3’9?’XUM?

HH

’ S#;l!’,%’#L91#"/:!’(#’S,+.+(%!’c/,%*/*?’

!"#$"%&’()*+&,-)."/’*$0-’(-"%&’&%1,&

o_9/!/:!’9l.,/*%’b’*+!51%9+(#1p?’0#’%2)Y’)!’.#,,+’5#-%’(#’1#q#L/:!’2)#’ 8"1#2-$;#"C!$=2!$8D182$7!$S;.01!01J2$?#$ ."h[R P’O(/1?Q3’R#+$#%//*#&’)"’)1*)56($#+’3’‘D43’HII]3’’ 99?’XHHWXHM?

M]

!"#$"%&’()(&’(&*%$"’("+$",-./%*%$"(&"+0.")$1.(."23$&*420&0.

!;=2.21.$!7$"#;@#0%/1+3’(#,’MI’+*5).1#WJ’(#’!+E/#-.1#’(#’JUUK3HK’,%’[#*,%1%*/:!’(#’A%W -%d+’"+.1#’,%’(#-+*1%*/%3’,+"’(#1#*Z+"’b’,%"’,/.#15%(#"’(#,’M’(#’!+E/#-.1#’ (#’HIIIHX$.$D182$7!$a#07!"!01J2$?#$[!"C;$?#7$(,$?#$9#D"#".$?#$)44jYRHV h’,%’,)&’(#’#"5+"’/!"51)-#!5+"3’b’5#!/#!(+’#!’*)#!5%’,%’(/E#1"/(%(’(#’ (#1#*Z+"’2)#’*%1%*5#1/&%’#,’#"9%*/+’^1%!*:^+!+3’#"’91+.%.,#’2)#’,%’1#q#L/:!’ "+.1#’,%’/!(#9#!(#!*/%’%-#1/5#’)!%’1#E%,)%*/:!’b’2)#’#,’91/!*/9/+’-/"-+’ (#.%’1#^+1-),%1"#?’ !’#^#*5+3’,%’.l"2)#(%’(#’/!(#9#!(#!*/%’"+,%-#!5#’ 5/#!#’"#!5/(+’*)%!(+’"#’9+!#’#!’9#1"9#*5/E%’*+!’,%"’-/"/+!#"’%51/.)/(%"’%’ ,%"’/!"5/5)*/+!#"?’>+!E/#!#’#!5+!*#"’5#!#1’)!%’*+!*#9*/:!’1#%,-#!5#’-/W ,/5%!5#’(#’,%’/!(#9#!(#!*/%?’i%’/!(#9#!(#!*/%’"#’91+-)#E#3’"#’(#g#!(#3’"#’ 1#/E/!(/*%8’#"’5%!’^1B;/,’2)#’./#!’-#1#*#’)!’*+-.%5#?’‘+1’#,,+’"#’1#2)/#1#’ =2!$"#L#O1J2$2.$.$?#$7.;$!F.;$@.;#!51%,’b’ g"1#2!21!-$b.7?!N1!-$*=7W!"1!qY-$G=#$?#;@=8;$?#$".>@#"$0.2$#7$ *+-)!/"-+’b’#!’,%’9#1"9#*5/E%’(#’,%’/!5#;1%*/:!’#)1+9#%3’.)"*%1+!’1#E%,+1/W &%1’#,’91/!*/9/+’(#’,%’/!(#9#!(#!*/%8’9+1’+51+’,%(+’#"5B!’,+"’9%Y"#"’%^1/*%!+"’ Ofl^1/*%’_**/(#!5%,’+’>#!51%,Q’2)#’#!’#,’-+-#!5+’(#’")"’51%!"/*/+!#"’!+’ 1#E%,+1/&%1+!3’"/!+’2)#’-B"’./#!’"+.1#E%,+1%1+!’#,’91/!*/9/+’(#’/!(#9#!W (#!*/%3’%’1/#";+’(#’E%*/%1,+’(#’")’")"5%!*/%’b’(#’!+’*+!"/(#1%1’(#’-%!#1%’ ")g*/#!5#’,%"’91B*5/*%"’-%!/g#"5%-#!5#’*+!51%1/%"’%’#"5#’91/!*/9/+?’m)/&B"’ MX

!"#$"%&’()(&’(&*%$"’("+$",-./%*%$"(&"+0.")$1.(."23$&*420&0.

@."G=#$D182$#O1;#2;1J2$9!;012!?."!$#2$7!$@".07!>!01J2$?#$7!$ /!(#9#!(#!*/%’(#,’9+(#1’6)(/*/%,’b’9+12)#’#"5%’^%"*/!%*/:!’*+!’^1#*)#!*/%’ "/1E#’*+-+’#L*)"%’9%1%’)!%’E#1(%(#1%’#!*%1!%*/:!’(#’#"5#’91/!*/9/+? ,’91/!*/9/+’(#’/!(#9#!(#!*/%’#"5B’91+^)!(%-#!5#’,/;%(+’%’,%’"#9%1%*/:!’ (#’9+(#1#"8’#!’#"5#’-%1*+3’#,’*+!51+,’(#’*+!"5/5)*/+!%,/(%(’(#.#’"#1’)!’%1-%’ (#’91+5#**/:!3’9+12)#’(#.#’*+!51/.)/1’%’(#g!/1’#,’%,*%!*#’(#’*%(%’9+(#13’ *)b+’*%-9+’,#;%,’b’,#;Y5/-+’(#’*+-9#5#!*/%"’5#1-/!%’%,,Y’(+!(#’*+-/#!&%’ #,’(#,’9+(#1’*+!51%1/+?HN’D!’.)#!’#6#-9,+’#"’,%’*+!"51)**/:!’(#,’9+(#1’6)W "1;?1001.2!7$@."$@!">’()’HK’-%/’HIIU3’Z559C77*+)1W*+!"5/5)5/+!!#,,#W!/;#1?+1;7(+*)-#!5"7 %E/"7HIIU7%E/"‹!‹IIH‹**‹HIIU?9(^? K]

’ S#!5#!*/%’ !'’ I]7>>7c 3’ Z559C77*+)1W*+!"5/5)5/+!!#,,#W!/;#1?+1;7(+*)-#!5"7%11#5"7-%W 5/#1#‹#,#*5+1%,#7HIIU7%11#5‹!‹HIIU‹II]‹**‹-#?9(^? KK

’ P*99%&$)(6&)1F,$*$)"’()9&*$#L6’()"’)1*)",-%+&*$#’7)"’()"&%#$()’$)"’()1#2’&$,()"*/()1F’(9*+’):&*/+%9=%/’Q) _*-*J%7)"#I)*/()*9&H(7)[\\\ [\‘\3’_R43’HIJI3’9?’HX? KX

’ ‘%1%’91#*/"/+!#"’%(/*/+!%,#"3’E#1’0_DFmD AR ’b’