ࡱ > ) + & ' ( 5@ Y bjbj22 4 X X ( ( ( 8 &) G=K9 @==0O 8 :>?0A=>ABL
>43>B>2;5=>: >3>68= 8E08; ?> <0B5@80;0F80F88 @>3@5AA82=KE ><<C=8:0F89 8 8=B5@=5B- ?C1;8:0F8O1I5AB25==>3> D>=40 =D>@@==0O 8 :>?0A=>ABL P A G E R E F _ T o c 8 9 5 3 9 5 0 9 \ h 1
H Y P E R L I N K \ l " _ T o c 8 9 5 3 9 5 1 0 " 2545=85 P A G E R E F _ T o c 8 9 5 3 9 5 1 0 \ h 1
H Y P E R L I N K \ l " _ T o c 8 9 5 3 9 5 1 1 " A=>2=K5 ?>=OB8O :>9 157>?0A=>AB8 P A G E R E F _ T o c 8 9 5 3 9 5 1 1 \ h 2
H Y P E R L I N K \ l " _ T o c 8 9 5 3 9 5 1 2 " "8?8G=K5 C3@>7K 2 8=B5@=5B5: P A G E R E F _ T o c 8 9 5 3 9 5 1 2 \ h 4
H Y P E R L I N K \ l " _ T o c 8 9 5 3 9 5 1 3 " ;0AA8D8:0F8O 40==KE P A G E R E F _ T o c 8 9 5 3 9 5 1 3 \ h 4
H Y P E R L I N K \ l " _ T o c 8 9 5 3 9 5 1 4 " 0@L5@K 4>ABC?0 P A G E R E F _ T o c 8 9 5 3 9 5 1 4 \ h 5
H Y P E R L I N K \ l " _ T o c 8 9 5 3 9 5 1 5 " #@>25=L ?5@2K9 P A G E R E F _ T o c 8 9 5 3 9 5 1 5 \ h 7
H Y P E R L I N K \ l " _ T o c 8 9 5 3 9 5 1 6 " B>@>9 #@>25=L: 57>?0A=>ABL :>25=L: ??0@0B=>5 >15A?5G5=85 :>25=L: ?5@0F8>==0O !8AB525=L; @8:;04=K5 ?@>3@0<5 87102;5=85 P A G E R E F _ T o c 8 9 5 3 9 5 2 0 \ h 1 4
H Y P E R L I N K \ l " _ T o c 8 9 5 3 9 5 2 1 " -;5:B@>==0O ?>GB0 8 =B5@=5B P A G E R E F _ T o c 8 9 5 3 9 5 2 1 \ h 1 5
2545=85
=D>@==0O 157>?0A=>ABL ( I T S e c u r i t y , I n f o s e c ) MB> B5>@8O 8 ?@0:B8:0 8A?>;L7>20=8O :>2 8 8=D>@==KE A8AB5< B0:81@07>1K:
@54>B2@0B8BL A;CG09=CN ?>B5@N 8;8 ?>2@5645=85 8=D>@<?LNB5@=KE A8AB5< ;N4L;L7CNI8B0BL/ =0AB@>8BL A8AB51K 4>AB8GL <0:A83> C@>2=O 8E =0456=>AB8 8 157>?0A=>AB8.
@54>B2@0B8BL A;CG09=CN ?>B5@N 8;8 ?@54=0B5@N 8;8 ?>2@5645=85 40==KE 8 >1>@C4>20=8O 4@C38<8 ;N4L<8.
0G=53>, GB> 157>?0A=>ABL 2>>1I5, 8 8=D>@==0O 157>?0A=>ABL 2 G0AB=>AB8, MB> =5 40==>ABL, =5 :>2KE ?@8OB89, :>B>@K9 65B >15A?5G8BL B@51C525=L 70I8BK. 57>?0A=>ABL MB> ?@>F5AA, MB> =5?@5@K2=>5 8 27087028A85 87<5=5=85 A8AB5?0A=>ABL - MB> =5 B>;L:> B5E=8G5A:85 4K, ?@>1;5 H8@5, MB> - A>2>:C?=>ABL >@30=870F8>==KE, 70:>=>40B5;L=KE 8 B5E=8G5A:8E ?@8OB89
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
A=>2=K5 ?>=OB8O :>9 157>?0A=>AB8
07>2K5 ?>=OB8O :>9 157>?0A=>AB8:
#3@>7K
#O728AB8
B0:8.
#3@>70 157>?0A=>AB8 :>9 A8AB55 ?@54=05 8;8 =5 ?@54=05 2>76=>5 ?@>8AH5AB285, :>B>@>5 65B >:070BL =565;0B5;L=>5 2>7459AB285 =0 :><?LNB5@=CN A8AB5@7K 3CB 1KBL =5C<KH;5==KH81:8 ?>;L7>20B5;59, A1>8 >1>@C4>20=8O ?@>3@0<< 8;8 AB8E89=K5 154AB28O. #<KH;5==K5 6=> @0745;8BL =0 @O4 3@C?? >B ;>38G=KE ?>;CG5=85 :0:8E- ;81> =570A;C65==KE 2K3>4, 4> 8@@0F8>=0;L=KE @07@CH5=85 8=D>@20B5;8 2K45;ONB A;54CNI85 284K C3@>7
0) C3@>70 >B:070 2 >1A;C6820=88 ;N1>9 D09; 8;8 @5AC@A A8AB5;65= 1KBL 4>ABC?5= 2 ;N1>5 2@51;N45=88 ?@02 4>ABC?0. A;8 GB>- B> AB0=>28BAO =54>ABC?=K >=> 15A?>;57=>.
1) C3@>70 F5;>AB=>AB8 ( C5 8765=85) . 15A?5G5=85 =587AB8 8=D>@ 2@570 @0A:@KB8O ( :@060, CB5G:0)
@8G8=K MB8E C3@>7 6=> A25AB8 : A;54CNI8@8O;L7>20B5;59 ( ?> >F5=:02 MB> >B 7 5 % 4> 9 0 % 2A5E A1>52, C40;5=89 8 ?>2@5645=89)
H81:8 ?@>3@0<3> >15A?5G5=8O
??0@0B=K5 ?>;><:8
@54=05 ?>2@5645=85 ( 28@CAK, B828@>20==>5 ?>2@5645=85)
@068
@>A:8 M;5:B@>?8B0=8O 8 D>@A- @=K5 >1AB>OB5;LAB20 ( =02>4=5=85, ?>60@)
#O728ABL :>9 A8AB5 =5:0O =5C40G=0O 55 E0@0:B5@8AB8:0, :>B>@0O 45;05B 2>76=K7=8:=>25=85 C3@>7K.
@0 >?@545;ONI8E CO728ABL >@30=870F88. 5@2K9 D0:B>@ - ?>A;54AB28O 8=F845=B0 A 157>?0A=>ABLN. >GB8 2A5 >@30=870F88 CO7282KB5@OA;54AB289 8=F845=B>2 A 157>?0A=>ABLN 65B ?>B@51>20BL 7=0G8B5;L=KE 2;>65=89, 4065 5A;8 ?>AB@040;8 =5:@8B8G5A:85 A5@28AK. "5< =5 A0 @8A:>2 ( AB@0E>20=85 8;8 ?C=:BK 2 4>3>2>@0E) 3CB 30@0=B8@>20BL, GB> 4065 D8=0=A>2K5 ?>B5@8 =5 ?@8254CB : :@878AC >@30=870F88.
>;55 A5@L57=K5 ?>A;54AB28O 2>7=8:0NB, :>340 =0@CH05BAO 2=CB@5==OO @01>B0 >@30=870F88, GB> ?@82>48B : C1KB:076=>AB59, ?>B5@L @01>G53> 2@5B ?> 2>AAB0=>2;5=8N.
B>@>9 D0:B>@ MB> CG5B ?>;8B8G5A:8E 8;8 >@30=870F8>==KE ?>A;54AB289.
4=82 ?@8 >?@545;5=88 2>76=KE ?>A;54AB289 O2;O5BAO 2545=85 @55AB@0 8=D>@==KE F5==>AB59. ;O :064>9 8=D>@==>9 F5==>AB8 4>;6=> 1KBL A>AB02;5=> A;54CNI55 >?8A0=85
"8?: >1>@C4>20=85, ?@>3@0<;L7C5BAO 2 A8AB51I53> =07=0G5=8O 8;8 :@8B8G5A:>65=88
B25BAB25==K9 70 40==CN 8=D>@==CN F5==>ABL.
$878G5A:>5 8;8 ;>38G5A:>5 ?>;>65=85
I D 8;8 CG5B=K9 => 2>76=>.
B0:0 =0 :><?LNB5@=CN A8AB5 459AB285, ?> ?>8A:C 8 8A?>;L7>20=8N CO728AB8. B0:0 @50;870F8O C3@>7K.
>;8B8:0 157>?0A=>AB8 >15A?5G8205B >A=>2C 4;O 2=54@5=8O A@54AB2 >15A?5G5=8O 157>?0A=>AB8 ?CB5< C<5=LH5=8O G8A;0 CO728<KE <5AB 8 - :0: A;54AB285 - C7K 2 8=B5@=5B5:
!1>9 2 @01>B5 >4=>3> 87 :>=5=B>2 A5B8 A1>9 87- 70 >H81>: ?@8 ?@>5:B8@>20=88 8;8 >H81>: >1>@C4>20=8O 8;8 ?@>3@0<< 65B ?@825AB8 : >B:07C 2 >1A;C6820=88 8;8 :>?0A=>AB8 87- 70 =5?@028;L=>3> DC=:F8>=8@>20=8O :0:>3>- ;81> :>=5=B0 A5B8. KE>4 87 AB@>O 1@0=46=K5 >B:07K 2 02B>@870F88 A5@25@0<8 0CB5=B8D8:0F88 O2;ONBAO ?@8<5@052, :>B>@K5 >:07K20N 2;8O=85 =0 157>?0A=>ABL.
!:0=8@>20=85 8=D>@@878@>20==K5 ?@>AB@ :@8B8G5A:>9 8=D>@C<KH;5==8:0@87>20==K;L7>20B5;O<8 65B ?@>8AE>48BL, 8A?>;L7CO @07;8G=K5 <5E0=87==>5 ?8AL A =525@=K A:>=D83C@8@>20==K5 A?8A:8 C?@02;5=8O 4>ABC?>25 8A?>;L7>20=85 =5A:>;L:8<8 ;N4L4=>3> 845=B8D8:0B>@0 8 B. 4.
A?>;L7>20=85 8=D>@ =07=0G5=8N 4;O F5;55 >B;8G=KE >B 02B>@87>20==KE, 65B ?@825AB8 : >B:07C 2 >1A;C6820=88, 87;8H=8< 70B@0B0B5@5 @5?CB0F88. 8=>2=8:03> 3CB 1KBL :0: 2=CB@5==85, B0: 8 2=5H=85 ?>;L7>20B5;8.
502B>@87>20==>5 C40;5=85, 48D8:0F8O 8;8 @0A:@KB85 8=D>@ 8A:065=85 8=D>@==KE F5==>AB59, :>B>@>5 65B ?@825AB8 : ?>B5@5 F5;>AB=>AB8 8;8 :>=D845=F80;L=>AB8 8=D>@=8:=>25=85 0B0:0 =502B>@87>20==KE ;N459 8;8 A8AB5B>@0O 65B ?@825AB8 : >B:07C 2 >1;C6820=88 8;8 7=0G8B5;L=K< 70B@0B0AAB0=>2;5=85 ?>A;5 8=F845=B0.
0A:0@04 ?>?KB:8 7020BLAO ?>4 02B>@87>20==>3> ?>;L7>20B5;O 4;O :@068 A5@28A>2 8;8 8=D>@2KE B@0=70:F89, :>B>@K5 ?@8254C : D8=0=A>2KB5@O1;5<0@30=870F88.
;0AA8D8:0F8O 40==KE
;O B>3> GB>1K @07@01>B0BL MDD5:B82=CN ?>;8B8:C 157>?0A=>AB8, 8=D>@<0F8O, E@0=81@010BK205@30=870F88, 4>;6=0 1KBL :;0AA8D8F8@>20=0 2 A>>B25BAB288 A 55 :@8B8G=>ABLN : ?>B5@5 :>=D845=F80;L=>AB8. 0 >A=>25 MB>9 :;0AA8D8:0F88 ?>B>< 6=> ;53:> @07@01>B0BL ?>;8B8:C 4;O @07@5H5=8O ( 8;8 70?@5I5=8O) 4>ABC?0 : =B5@=5BC 8;8 4;O ?5@540G8 8=D>@ =B5@=5BC.
>;LH8=AB2> >@30=870F89 8A?>;L7CNB B0:85 :;0AAK, :0: " ><3> ?>;L7>20=8O" . ;0AAK, 8A?>;L7C5;8B8:5 8=D>@==>9 157>?0A=>AB8, 4>;6=K 1KBL A>3;0A>20=K A 4@C38<8 ACI5AB2CNI8<8 :;0AA0;6=K 1KBL @0718BK =0 4 :;0AA0 157>?0A=>AB8, :064K9 87 :>B>@KE 88 B@51>20=8O ?> >15A?5G5=8N 157>?0A=>AB8 - :@8B8G5A:0O 8=D>@<=0;L=0O 8=D>@ ?>;L7>20=8O. -B0 A8AB5;6=0 8A?>;L7>20BLAO 2> 2A59 >@30=870F88. 8F0, >B25BAB25==K5 70 8=D>@==K5 F5==>AB8, >B25G0NB 70 =07=0G5=85 8B ?@>F5AA 4>;65= :>=B@>;8@>20BLAO @C:>2>4AB2>@30=870F88. ;0AAK >?@545;ONBAO A;54CNI81@07>@B :;0AA ?@8@<0F88, B@51CNI59 A?5F80;L=KE ?0A=>AB8 4;O >15A?5G5=8O 30@0=B89 55 F5;>AB=>AB8, GB>1K 70I8B8BL 55 >B =502B>@87>20==>9 48D8:0F88 8;8 C40;5=8O. -B> - 8=D>@B>@0O B@51C5B 1>;55 2KA>:8E 30@0=B89 G51KG=> 2 >B=>H5=88 55 B>G=>AB8 8 ?>;=>BK. @8<5@0@3> :;0AA0 65B A;C68BL 8=D>@ D8=0=A>2KE >?5@0F8OE 8;8 @0A?>@O65=8O @C:>2>4AB20.
><B :;0AA ?@8;55 :@8B8G5A:>9 :><9 8=D>@B>@0O ?@54=07=0G5=0 4;O 8A?>;L7>20=8O ", 2=CB@8 >@30=870F88, 5A;8 B>;L:> 55 @073;0H5=85 =5 B@51C5BAO @07;8G=K=>40B5;L=K<8 0:B0@87>20==>5 @073;0H5=85 65B =0=5AB8 A5@L57=K9 2@54 >@30=870F88, 55 0:F8>=5@02K< ?0@B=5@0<, 8/ 8;8 :;85=B0=0;L=0O 8=D>@B :;0AA ?@8@ G5;>25:5, 8A?>;L7>20=85 :>B>@>9 @07@5H5=> B>;L:> 2=CB@8 >@30=870F88. 5 =502B>@87>20==>5 @0A:@KB85 65B =0=5AB8 A5@L57=K9 2@54 >@30=870F88 8/ 8;8 55 A;C60I8 ?>;L7>20=8O: -B>B :;0AA ?@8 2A59 >AB0;L=>9 8=D>@B>@0O =5 ?>?0405B =8 2 >48= 87 C:070==KE 2KH5 :;0AA>2. %>BO 55 =502B>@87>20==>5 @0A:@KB85 =0@CH05B ?>;8B8:C, >=> =5 65B =0=5AB8 :0:>3>- ;81> 2@540 >@30=870F88, 55 A;C60I8< 8/ 8;8 :;85=B0ABC?0
@525=B82=K5 B C3@>7 8 0B0: 6=> @0AA;L:> C@>2=59 10@L5@>2 4>ABC?0. 45AL 1C45B ?>;57=> 2A?>4=CN A:07:C ?@> 0A8;8AC @5G=55 - @0AAB@5BL A8AB5?0A=>AB8, :>B>@0O 1K;0 A>740=0 4;O 687=5>15A?5G5=8O >I5O. ;O B>3> GB>1K 53> ?>1548BL =C6=> 1K;>: 4C1 A@C18BL, ;0@5F @0718BL, 709F0 87;>28BL, CB:C ?>4AB@5;8BL, O9F> @0718BL 8 ?>;CG8BL 83;C :>B>@0O ?> =0H59 0;;53>@88 8 5ABL B0 A0@B>@KE>B0. 'B> B09 2>76=>ABLN A:07>G=K9 35@>9 A45;05B A;>68B 8;8 2>A?>;L7C5BAO 4@C381@07>@8O >B45;L=0O, 3;02=>5 >= A2>53> 4>18;AO ?>;CG8; 4>ABC?. !:07:0 ;>6L, 40 2 =59 =0<5: 8 =5 =0 ?>:070=0 8 3>C@>2=520O AB@C:BC@0 157>?0A=>AB8. ". 5. 157>?0A=>ABL >15A?5G8205BAO A>740=85< 3>C@>2=52>9 70I8BK, ?>A@54AB2>2 4>ABC?0.
5@2K9 C@>25=L =5H=OO 70I8B0. 0I8B0 2;045=89 ( 740=89, A>>@C65=89) .
B>@>9 C@>25=L 0I8B0 :>25=L ??0@0B=>5 >15A?5G5=85 :>25=L ?5@0F8>==0O A8AB53@0<65=85 :>=:@5B=KE 40==KE)
=D>@ 6=> 87>1@078BL 2 2845 :>=F5=B@8G5A:8E >:@C6=>AB59, :0: :>;LF0 ;C:0, 345 A025=L 2=5H=OO 70I8B0, 0 A0A@54AB25==> A0@<0F8O, 40==K5.
0 AE5B65 8B=>H5=85 : 157>?0A=>AB8 O2;5=8O :0: M=5@3>>15A?5G5=85 8 4>ABC? : A5B8 =B5@=5B.
> :0B53>@88 M=5@3>>15A?5G5=8O >1J5:BK 45;OBAO =0 3 3@C??K. 5@20O :0B53>@8O :@8B8G5A:8 206=K5 >1J5:BK 8 ?@>872>4AB20, >AB0=>2:0 @01>BK :>B>@KE 3;0 ?@825AB8 : M:>;>38G5A:8D075 687=8 8;8 A5@L57=K< C1KB:025BA:>5 2@5<O : =8B=>A8;8AL 2>5==K5 702>4K, E8872>4AB20, B5;5@048>:>==K5 A;C61K, 8740B5;LAB20. A5 MB8 >1J5:BK 8<5;8 <8=8<C:0=0;0 >A=>2=>9 8 @575@2=K9, 0::C@=K5 I=>AB8 4;O :@0B:>A@>G=>9 @01>BK, A>1AB25==K9 4875;L=K9 8;8 15=78=>2K9 8AB>G=8: M;5:B@>?8B0=8O, ?>4:;NG5==K5 : >A=>2=>9 M;5:B@>A5B8 40==>3> >1J5:B0 G5@57 0??0@0BC@C 02B>3> 2:;NG5=8O @575@2=>3> M;5:B@>?8B0=8O. > 2B>@>9 :0B53>@88 >B=>A8;8AL >?5@0F8>==K5, E;04>:>@3>2;8 8 ?8I52>9 ?@>AB8, :@C?=K5 0BB@0:F8>=K, 3>AB8=8FK, 3>AC40@AB25==K5 CG@5645=8O 8 ?@. MB8 >1J5:BK 82KH5==K9 8<1I8E >B:;NG5=8OE M=5@3>?8B0=8O. B@5BL59 :0B53>@88 >B=>A8;AO 68;>9 A5:B>@.
=D>@==0O 157>?0A=>ABL 2 40==>2:C 8AB>G=8:>2 15A?5@51>9=>3> ?8B0=8O, 30@0=B8@CNI8E A>E@0=5=85 40==KE 8 >15A?5G5=85 @01>BK A :>2@5B:;NG5=8OE M;5:B@8G5AB20.
01>B0 A A5BLN =B5@=5B B>65 =0:;04K205B A2>8 >A>15==>AB8 2> 871560=85 28@CA=KE 8 E0:5@A:8E 0B0: 2A5 A>548=5=8O A 2=5H=59 A5BLN 4>;6=K 70I8I0BLAO <56A5B52K<8 M:@0=0<8 ( 1@0=4<0CM@0;0A@54AB2>76=>ABL C4>1=>3> 8 @53C;O@=>3> >1=>2;5=8O 107 0=B828@CA=KE ?@>3@0<25=L ?5@2K9
7CG0O 157>?0A=>ABL 740=89 2 ?5@2CN >G5@54L =C6=> @0AAB@5BL B0:85 284K 4>ABC?0 : 8=D>@<0F88:
!;CG09=0O :@060.
&5;5=0?@02;5==0O ( B828@>20==0O) :@060.
>AC40@AB25==>5 ( ?>;8F59A:>5 8;8 8=>9 A8;>2>9 AB@C:BC@K) 2B>@65=85.
@8 C;CGH5=88 157>?0A=>AB8 740=8O A;54C5B @C:>2>4AB2>20BLAO 74@02K< AB5@O;8 :;NG8, A65B5 ;8 K ?>?0ABL 2 A2>9 >D8A? A;8 K 65B5 ?@84CA>1 ?@>1@0BLAO 2=CB@L, 7=0G8B 3CB 8 4@C385
!;CG09=0O :@060 - 2>@K- 27;>20=K B>;L:> 2 0H51>@C4>20=88, => =5 2 40==KE %>@>H59 425@8 8 >:>==KE 702 >1KG=> 4>AB0B>G=>, GB>1K >3@048BL A51O >B =8E, B0: :0: C =8E =5B A8;L=>9 B820F88 4;O ?>:CH5=8O 8 =0 0HC A>1AB25==>ABL - 8E CAB@>8B ;N10O ;53:> 4>ABC?=0O A>1AB25==>ABL %>@>H0O 2=5H=OO 157>?0A=>ABL 7045@68B 8E
>B828@>20==K5 2>@K- 27;>- B> A?5F80;L=> ?>:CH05BAO =0 0A, ?>B> K - MB> K, B> MB> - C65 4@C30O ?@>1;5, :0:825=L 2=5H=59 70I8BK, >=8 2A5 @02=> ?@>94CB G5@57 =55 MB>;6=K 70I8B8BL =5?>A@54AB25==> >1J5:BK, :>B>@K5 ?>B5=F80;L=> 3CB 8=B5@5A>20BL 8E.
CB8 ?>;CG5=8O 8=D>@=B@>;L ?>18;O, =5?>A@54AB25==> G5;>25:0. - >=B@>;L 8 ?@>A;CH820=85 B5;5D>==KE :0=0;>2 A2O78, ?5@5E20B D0:A>2>9 8 459 A2O78, A>B>2>9 8 @048>A2O78.
- 5@5E20B :>9 8=D>@87;CG5=89 :>=8@>20==>5 2=54@5=85 2 107K 40==KE.
- !:@KB0O D>B>- 8 2845>AJ5?B8:0.
- 87C0;L=>5 =01;N45=85 70 >1J5:B>=8@>20==>5 ?>;CG5=85 8=D>@ ;8G=>AB8 ?CB54:C?0 8;8 H0=B060 4>;6=>AB=KE ;8F A>>B25BAB2CNI8E A;C61.
- >4:C? 8;8 H0=B06 A>B@C4=8:>2, 7=0:>1A;C6820NI53> ?5@A>=0;0 8;8 @>4AB25==8:>2, 7=0NI8E > @>45 45OB5;L=>AB8.
>AC40@AB2C 8;8 A8;>2K<AB20ABC? =52>76=>, 53> 6=> B>;L:> 70B@C4=8BL 065 5A;8 2K =5 AB0=5B5 A>B@C4=8G0BL A =8=8 25A @02=> ?@>;>@>3C 4;O A51O 8 ?>;CG0B 4>ABC? :C40 8 A;8 K ?>?KB05B5AL A?@OB02 GB>- ;81> 2 740=88, >=8 1C4CB 2?>;=5 AG0AB;82K @07=5AB8 M3> 740=85 =0 G0AB8, ;8HL 1K =09B8 MB> !?@OB0BLAO >B >@45@0 =0 >1KA: =52>76=>, 0 ?>MB>8B 8 ?@>1>202, 8=0G5 >=8 =0254CB 5I5 1>;LH89 15A?>@O4>: 2 >D8A5.
@8 CAB0=>2:5 4>?>;=8B5;L=KE A@54AB2 157>?0A=>AB8 CGB8B5 A;54CNI85 ;L7>20=85 4M4;>:0 =5 ?>72>;8B 157 :;NG0 >B:@KBL 425@L 87=CB@8, 8 B5< A0<K6=8B 2K=>A >1>@C4>20=8O.
>AB0B>G=> ?@>AB> CA8;8BL 425@8. 25@8 4>;6=K 1KBL D878G5A:8 :@5?:89 AB5?5=8, GB>1K 8E =5;L7O 1K;> 2K18BL C40@>38 8;8 A=OBL A ?5B5;L ?@8 ?>309 ;>< :@5?:860@=0O :><0=40 =5 A65B ?>?0ABL 2 740=85 ?@8 ?>60@5.
>AB0B>G=> 70?5@5BL @0<K =0 70D5AA8>=0;L=K5 27;>AOB A A>1>9 @07;8G=K5 >BA>1;5=8O 4;O >B?8@0=8O AB0=40@B=KE 70I5;>:) . >@K- 27;>, 87- 70 @8A:0 ?>@570BLAO >AB0B:0; 2 @0, GB> >=8 =5 A3CB >B:@KBL @0A;5 B>3>, :0: @07>1LNB A B5:;>, >B2048B 8E >B 0H53> >D8A0.
#B>;I5==>5 AB5:;> B0:65 65B 70B@C4=8BL 27;> ?@8 ?>60@5, >=> 65B AK3@0BL @>;L ;>2CH:8. A;8 AB028B5 @5HQB:8 =0 >:=>, :>B>@>5 65B ?@83>48BLAO :0: 020@89=K9 2KE>4 ?@8 ?>60@5, >1O70B5;L=> C1548B5AL, GB> @0B>@>9 :@5?8BAO @5H5B:0, ?>425H5=0 =0 ?5B;OE 8 ;53:> >B:@K205BAO.
!B5=K. 53G5 2;><8BLAO G5@57 A;01CN A 35=C, G53> A>2@5<5==KE 740=89 =5 8AB> - D0=5@=K5 ?5@53>@>4:8. A;8 0OI0O 157>?0A=>ABL, B> 20< A;54C5B @0AAB@5BL 25@>OB=>ABL ?@>=8:=>25=8O 87 4@C3>9 G0AB8 740=8O.
'5@40G=K5 ?>1I89 A ?@8;530NI8<8 740=8O A;54C5B ?>25A8BL 701K ?5@5:@KBL 4>ABC? G5@57 =53>.
'5@40G=K5 ?>425A=K5 ?>B>;:8 O2;ONBAO E>@>H8< < 4;O @074A;CH820NI8E/ A;54OI8E CAB@>9AB2, B0: :0: B0AB0B>G=> <5AB0 8 B0E>4OB M;5:B@8G5A:85 ?@>2>40. @87=0:0@65=8O G5@57 :@KHC 8;8 ?>B>;>: ,
r
t
v
ջf[L[ j hl2 UmH nH uhl2 mH nH u 2j hs hl2 >*B*UmH nH ph u hl2 mH nH uhs hl2 0J mH nH u$j hs hl2 0J UmH nH u j hl2 h / 5CJ UaJ hl2 h / 5CJ aJ hl2 h/ 5CJ NH aJ hl2 h+ 5CJ aJ hl2 h/ 5CJ aJ hl2 h+ OJ QJ h(~ OJ QJ
F
n @
t x
$
gdl2
$
gdl2
gdl2
d d [$` gdl2 $
d d [$` a$gdl2
d d [$gdl2 JX ~X Y
: @ B D F H J µ§§sµ§Y§ 2j hs hl2 >*B*UmH nH ph u jq h2P UmH nH u 2j hs hl2 >*B*UmH nH ph u hl2 mH nH uhs hl2 0J mH nH uhl2 CJ aJ mH nH u$j hs hl2 0J UmH nH u hl2 mH nH u j hl2 UmH nH u j{ h2P UmH nH u V X Z \
>
@
B
t
µ§§sµ§Y§ 2j hs hl2 >*B*UmH nH ph u j] h2P UmH nH u 2j hs hl2 >*B*UmH nH ph u hl2 mH nH uhs hl2 0J mH nH uhl2 CJ aJ mH nH u$j hs hl2 0J UmH nH u hl2 mH nH u j hl2 UmH nH u jg h2P UmH nH u t
v
x
z
|
~
" $ Z \ ^ ` | ~ µ§§sµ§Y§ 2j hs hl2 >*B*UmH nH ph u jI h2P UmH nH u 2j hs hl2 >*B*UmH nH ph u hl2 mH nH uhs hl2 0J mH nH uhl2 CJ aJ mH nH u$j hs hl2 0J UmH nH u hl2 mH nH u j hl2 UmH nH u jS h2P UmH nH u F H J | ~ * , . ` µ§§sµ§Y§ 2j hs hl2 >*B*UmH nH ph u j5 h2P UmH nH u 2j hs hl2 >*B*UmH nH ph u hl2 mH nH uhs hl2 0J mH nH uhl2 CJ aJ mH nH u$j hs hl2 0J UmH nH u hl2 mH nH u j hl2 UmH nH u j? h2P UmH nH u ` b d h j l n p r 2 4 6 : @ B D z | ~ µ§§sµ§Y§ 2j hs hl2 >*B*UmH nH ph u j! h2P UmH nH u 2j hs hl2 >*B*UmH nH ph u hl2 mH nH uhs hl2 0J mH nH uhl2 CJ aJ mH nH u$j hs hl2 0J UmH nH u hl2 mH nH u j hl2 UmH nH u j+ h2P UmH nH u
D F H J t v x 0 2 4 f µ§§sµ§Y§ 2j hs hl2 >*B*UmH nH ph u j
h2P UmH nH u 2j
hs hl2 >*B*UmH nH ph u hl2 mH nH uhs hl2 0J mH nH uhl2 CJ aJ mH nH u$j hs hl2 0J UmH nH u hl2 mH nH u j hl2 UmH nH u j
h2P UmH nH u f h j n p r t v x * , & : < µssgZOOBOO hl2 h" CJ NH aJ hl2 h" CJ aJ hl2 h / CJ NH aJ hl2 CJ aJ mH sH hl2 h / CJ aJ mH sH hl2 h / CJ aJ hl2 h
8 OJ QJ hl2 h / 5CJ aJ j hl2 h / 5CJ UaJ hl2 CJ aJ mH nH u$j hs hl2 0J UmH nH u hl2 mH nH u j hl2 UmH nH u j h2P UmH nH ux N , p v! ! ! $" 4" J" X" Z" % L&