AB>@8O 687=8 =4@5O >;:>=A:>3> 2 @><0=5 . . ">;AB>3> «>9=0 8 <8@»

52 8:>;0528G ">;AB>9 A>74020; @><0= >9=0 8 <8@ A 1863 ?> 1869 3>4. 5@2>=0G0;L=> >= 70<0= > 2>72@0I5=88 45:01@8AB0 87 AAK;:8 2 1856 3>4C, 8 3;02=K< 35@>5< 4>;65= 1K; 1KBL 5B@ 20=>28G >104>2. >1@075 >104>20 ">;AB>9 E>B5; ?>:070BL B@03548N 35@>O 45:01@8ABA:>3> 2>AAB0=8O, GLO M?>E0 >AB0;0AL 2 ?@>H;>< 8 :>B>@K9 C65 =5 A<>65B >1@5AB8 A51O 2 87<5=82H51I5AB25. > 4;O B>3>, . GB>1K 4>AB>25@=> 2>AA>740BL A>1KB8O 1825 3>40, ">;AB>AL 25@=CBLAO : 8AB>@88 B5G5AB25==>9 2>9=K (:0: =0?8A0; 2 A2>5< 4=52=8:5 >48= 87 45:01@8AB>2: ...2A5 9=K 1812 3>40...). 5@2K5 3;02K @><0=0 ?5@2>=0G0;L=> =07K20;8AL 1805-9 8 @0AA:07K20;8 >1 8AB>:0E 2>9=K 8 > ;N4OE, CG0AB2>202H8E 2 =59. "0: ?>O28;8AL 3;02=K5 35@>8 ?@>872545=8O, 2 B>< G8A;5 >48= 87 ;N18@>< =4@59 >;:>=A:89.

06=> 70<5B8BL, GB> 4;O ?>;>68B5;L=KE 35@>52 ">;AB>3> 2A5340 E0@0:B5@5= A;>6=K9 687=5==K9 ?CBL, ?>;=K9 =525@=KE ?>ABC?:>2, >H81>:, 1>;57=5==KE ?>8A:>2 A2>53> ?@54=07=0G5=8O 2 687=8.

>AB0@05A;548BL AC4L1C =4@5O >;:>=A:>3> 8 ?CB8 53> =@02AB25==KE 8A:0=89 2 @><0=5.

B0:, 2?5@2K5 < :=O7O =4@5O, G5;>25:0 A CAB0;K<, A:CG0NI8< 273;O4><, 2 A25BA:>< A0;>=5 ==K 02;>2=K (5@5@, 345 A>18@0NBAO 2A5 ;CGH85 ?@54AB028B5;8 2KAH53> ?5B5@1C@3A:>3> >1I5AB20, ;N48, A :>B>@K<8 2?>A;54AB288 1C45B ?5@5A5:0BLAO AC4L10 35@>O: :@0A028F0 -;5= C@038=0 8 55 1@0B =0B>;L, 3;02=K9 :CB8;0 5B5@1C@30, L5@ 57CE>2, 2=51@0G=K9 AK= 3@0D0 57CE>20, 8 4@C385. 5:>B>@K5 ?>O2;ONBAO 745AL, GB>1K ?>:070BL A51O 2 A25B5, 4@C385 GB>1K A45;0BL A515 :0@L5@C, ?@>428=CBLAO ?> A;C615. !>25@H82 >1@O4 ?@825BAB28O =8:>9... 8 =5 =C6=>9 B5BCH:8, 3>AB8 A>18@0NBAO, GB>1K =0G0BL =5?@8=C645==K9 A25BA:89 @073>2>@, 8 E>7O9:0 A0;>=0 ?@5?>4=>A8B A2>8< 3>ABO< 0110B0 >@8> 8 28:>=B0 >@B5<0@0, :0: @>AB18D =0 3>@OG5< 1;N45. =O7L =4@59 157@07;8G5= : MB>1I5AB2C, >= CAB0; >B =53>, ?>?02 2 70:>;4>20==K9 :@C3, 87 :>B>@>3> =5 2K@20BLAO, >= @5H05B =09B8 A2>5 ?@54=07=0G5=85 =0 2>5==>< ?>?@8I5, 8, >AB0282 65=C, :>B>@CN =5 ;N18B (...8:>340 =5 65=8AL... 3>2>@8B >= L5@C, =5 65=8AL 4> B5E ?>@... ?>:0 BK =5 ?5@5AB0=5HL ;N18BL BC 65=I8=C, :0:CN BK 2K1@0;...), >B?@02;O5BAO =0 2>9=C 1805 3>40, =045OAL >1@5AB8 A2>9 "C;>=. 45AL >G5=L 206=> 70<5B8BL, GB>, A >4=>9 AB>@>=K, O2;OOAL 2@03>< 0?>;5>=0, >;:>=A:89 2 B> 65 2@5E20G5= 845O<8 =0?>;5>=87<0: ?5@54 A@065=85< >= ?@87=05BAO A515, GB> 3>B>2 ?>65@B2>20BL >BF><, A5AB@>9, 65=>9, 3>B>2 ?@>;8BL :@>2L 4@C38E ;N459 @048 A2>59 ;8G=>9 ?>154K, GB>1K 70=OBL <5AB> CBC7>20, 0 ?>B>< =5206=>, GB> 1C45B ?>B><....

>340 =0G8=05BAO 1>9, >;:>=A:89 E20B05B 7=0;>G0 53> ?> 75<;5, 1568B 2?5@548 A>;40B, GB>1K ?@>A;028BLAO, => ?>;CG05B @0=5=85 :0: 1C4B> ?0;:>9 ?> 3>;>25. B:@K2 3;070, =4@59 2848B 2KA>:>5, 15A:>=5G=>5 =51>, :@><5 :>B>@>3> =8G53>, =8G53> =5B 8... 2A5 ?CAB>5, 2A5 >1<0=..., 8 0?>;5>= :065BAO 2A53> ;8HL <0;5=L:8<, =8GB>6=K< G5;>25G:>< ?> A@02=5=8N A 25G=>ABLN. ! MB>3> <><5=B0 2 4CH5 >;:>=A:>3> =0G8=05BAO >A2>1>645=85 >B =0?>;5>=>2A:8E 8459.

>72@0I0OAL 4><>9, :=O7L =4@59 <5GB05B =0G0BL =>2CN 687=L C65 =5 A <0;5=L:>9 :=O6=>9 A 15;8GL8< 2K@065=85< ;8F0, 0 A 65=I8=>9, A :>B>@>9 =0455BAO =0:>=5F A>740BL 548=CN A5 =5 CA?5205B 65=0 C<8@05B ?@8 @>40E, 8 C?@5:, :>B>@K9 =4@59 ?@>G5; =0 55 ;8F5: ...GB> 65 2K A45;0;8 A> <=>N? 2A5340 1C45B ?@5A;54>20BL 53>, 70AB02;OO GC2AB2>20BL A51O 28=>20BK< ?5@54 =59.

>A;5 A<5@B8 :=O38=8 87K >;:>=A:89 6825B 2 A2>5< 8<5=88 2 >3CG0@>2>, 70=8<0OAL CAB@>9AB2>< E>7O9AB20 8 @07>G0@>202H8AL 2 687=8. AB@5B82H8AL A L5@><, ?>;=K< =>2KE 8459 8 AB@5<;5=89, 2ABC?82H8< 2 <0A>=A:>5 >1I5AB2> 8 65;0NI8< ?>:070BL, GB> >= 4@C3>9, ;CGH89 L5@, G5< 1K; @0=LH5, :=O7L =4@59 >B=>A8BAO : A2>5=859, AG8B0O, GB> >= 4>;65= 4>6820BL A2>N 687=L... =5 B@52>60AL 8 =8G53> =5 65;0O. !51O >= >ICI05B ?>B5@O==K< 4;O 687=8 G5;>25:><.

>5E02 2 B@04=>5 : 3@0DC >AB>2C ?> 45;0<, >;:>=A:89 ?@>5760; ?> 75;5=5NI5B>@K9, @0AB>?K@82 ACGLO, :070;>AL, 3>2>@8;: A5 >4=> 8 B> 65, 8 2A5 >1<0=! 5B =8 25A=K, =8 A>;=F0, =8 AG0ABLO...

!>3;0A82H8AL ?5@5=>G520BL 2 B@04=><, >;:>=A:89, ?>4>94O =>GLN : >:=C, CA;KH0; 3>;>A 0B0H8 >AB>2>9, :>B>@0O, 2>AE8I0OAL :@0A>B>9 =>G8, E>B5;0 27;5B5BL : =51C.

>72@0I0OAL >1@0B=> 8 ?>5E02 ;5A><, :=O7L =4@59 8A:0; 4C1 8 =5 =0E>48;. C1 @0AF25;, ?>:@K;AO 75;5=LN 8, :070;>AL, ;N1>20;AO A>1>9. 2 MB>B <><5=B =4@59 @5H8;, GB> 2 31 3>4 687=L =5 B>;L:> =5 70:>=G5=0, 0, =0>1>@>B, ;8HL =0G8=05BAO. 65;0=85 A45;0BL B0:, GB>1K 8 452>G:0, :>B>@0O E>B5;0 C;5B5BL 2 =51>, 8 L5@, 8 2A5-2A5 C7=0;8 > =5< 8 GB>1K =5 68;8 >=8 B0: =57028A8<> >B 53> 687=8, GB>1K =0 2A5E >=0 >B@060;0AL..., >E20B8;> 53>. 5@=C2H8AL 2 5B5@1C@3, =4@59 ?>ABC?8; =0 G8=>2=8GLN A;C61C 8 70=O;AO A>740=85< 70:>=>?@>5:B>2, A>H5;AO A> !?5@0=A:8<, => 2A:>@5 >B:070;AO >B MB>9 A;C61K, A C60A>< 4;O A51O ?>=O2, GB> 8 745AL, 70=8<0OAL 2>?@>A0<8 3>AC40@AB20, ;N48 @C:>2>4AB2CNBAO 8A:;NG8B5;L=> A2>8<8 ;8G=K<8 8=B5@5A0<8.

=>2L 2>7@>48BLAO : 687=8 ?><>3;0 >;:>=A:>2L : 0B0H5 >AB>2>9, A :>B>@>9 >= 2AB@5B8;AO =0 10;C ?> A;CG0N =0ABC?;5=8O 1811 3>40. 5 ?>;CG82 @07@5H5=8O >BF0 =0 65=8BL1C, :=O7L =4@59 C5E0; 70 3@0=8FC.

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

B0:, ?>AB83=C2 70:>=K 2KAH59, E@8AB80=A:>9 ;N128, =4@59 >;:>=A:89 C<8@05B. = C<8@05B ?>B> C2845; 2>7<>6=>ABL 25G=>9 ;N128, 25G=>9 687=8, 0 2A5E ;N18BL, 2A5340 65@B2>20BL A>1>9 4;O ;N128 7=0G8;> =8:>3> =5 ;N18BL, 7=0G8;> =5 68BL MB>N 75<=>N 687=LN....

'5< 1>;LH5 :=O7L =4@59 >B40;O;AO >B 65=I8=, B5< 1>;LH5 @07@CH0;0AL ?@53@040 <564C 687=LN 8 A<5@BLN 8 >B:@K20;AO 52CN, 25G=CN 687=L. =5 :065BAO, GB> 2 >1@075 =4@5O >;:>=A:>3>, G5;>25:0 ?@>B82>@5G82>3>, A?>A>1=>3> >H810BLAO 8 8A?@02;OBL A2>8 >H81:8, ">;AB>9 2>?;>B8; A2>N 3;02=CN 845N > A3> G5;>25:0: 'B>1K 68BL G5AB=>, =C6=> @20BLAO, ?CB0BLAO, 18BLAO, >H810BLAO... 0 3;02=>5 1>@>BLAO. A?>:>9AB285 4CH52=0O ?>4;>ABL.

/