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C3

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KJ BLM7 6 7N 6 8 6 &?8 O798M=97 E9? :FP = 6 P ?CB? :R6 Q GC 6 P ETS HLM7 6 U VJ 6 6XWXP C 6(  n#"  I"\( # !#!"+*
(6 )( (E% % * 4 G
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7 C Z [
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6 79C 6 <f C : ? ILM7 6 :FP C G? < 6 ?; Q 7 <96 6 8I8 6 6 4 B79= 6W <g6ihj6 B7 6 = 6 : _
+P "% )(#"+*  " n!" " !"
8 $? < 1?7 < IJ 6 ?7^= 6 8k? P EMS HLM7 6 ? < lLM7 6 = 6 8k?bm 6 4 : 6 4 GC 6 on <^< 6 LM7 6 * ( !" *(
?X8HmC 6 4 8 3 6O< J 6 Cpm79C 6 = 6 6 % X!" +"\$O% )(#"+*  % * ( % "+
:;P 8 $? < W 6\: q= 6 Q 8 6 ? 6 4 6 4 8 6;: 6 4 $? < :F6 = 6
:
%:* % (E"+* = 3 7 (#"(9
7 8 G A
7 = = " +(E* P( +* Z#" % " (%0* (E"
6 3 ? P9P ?C 6 H8 7 "8 6 8 < mr=97 6 Q &8 6 = 6 C < 6 C 6 < s_
< 6&P
7 6t6O< C 6\?e
< %:* ( +"
< <A6d:
Q 6 u GC 6 ? P9P 8 ILM7 6 4 
v>3 7 <P *" < U ( = 6 J7 6 m 6 4 * : 6 4 (BC#"HLM7 6XW * < = 6 4 $ < "\(U7 <96 B7AC f ? % 6w?
Q 7 < CB?$S* <: *S 6&<
%:* :;:;6 C 6&P C 6 4  6&< ( ? (EI" J 6 =97 P C!* D98 6OQ :F6 @x < = 3 ?7I(GC 6  : * (# W * < C 6&:;P 8k? % 6 7 <96 B79Cy_
f ? % 6 =jz 6 4 %0* 798 6O:F6O< ( P ?CK7 <96 B 7AC f ? % 6 O% Sq8" < =9C!"HLM7 6  6 (#( 6 p79C f ? % 6 %iS8" < =AC#"HLM7 6"6 !( P ?C
8k?B 7P"( 6 = 6 4 J 6 8+* PAP 6&4 6 =@? < "  8 6UP 8k? <
P * 79C{=&* <9<96 C|8+" 6 7 ?1Q 7 <96  6 4 C#" 6 = 3 ?X79D 6 &c 6 ( 6O< _
 6O: D98 6 8" < 6 ? H" C 6 = ?79D 6 } D&I" =&" :;6&< !"+* <A<96 8~ C 6q%: *"\}( 8 61< * : = 6t€ƒ‚V„V„H…,†K‡ ˆ‰9Ši…‹ Œv$ <
4 3
= 6 &% ?CG?)%0( 6 4 C#" 6 C7 < mC!H" 8H8 6 = 3 ?79D 6  W * < 7I(EH" 8"+ 6 8H? < * :F6O< &% 8H?)G( 79C 6 p 7&I" JX? < ( 6 ŽH" m9~

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#  ( +"  (#( +"
ˆ—q€„H…t†‰%$ G’'&"„( 8 3 ? < m8 6 6&< GC 6 8H? 8 Hm <96 = 6 BLM7 6 8 6 6 8 Hm <96
* !* $ ( #* ( )(E"*
: S 6&<9<A6 =97 P C @8V 6 d8 3 ?”N 6 = 6 C G? < = 6 8k?>mC H8I8 6  !"
)  (  +"  ( ( 
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n( "(  +"  (#( ( !* ( (E"+*
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!"
8k? mC H8I8 6 
+  % !( ( %0* (
ˆ—q€„H…t†K‡ ‚V—j•i‚ †q…i—j•… ,  #  96 &?C 6O< BC 6 8 3 ? < m8 6 = 3y6 4 798 6O:F6O<
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-  % V( ( #*)$ (
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8 3 ? < m8 6 = 6 8 3y6 4 798 6&:;6&< d?7eD CB== 61f 7 6 
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3  ( %0* ( &" %C(E"* I"
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 &"!( % = G ? ( 5* )(!( ( R*
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<  &"!( %
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* " * ." (E"$ &" " !" %0* &"\(E"*  ( *
= 9< 6 f 1LM7 3 < ? H= 6O< 6 4 8 6?> 7 I= 6 ? < lLM7 6 8 6 < = < GE 6 C : q=AS < ?”_
: HLM7 6 6 "  (f%:" )(E"  * (E"+* #!"+* ( )( I"\( # !*
< 6&4 : ? ILM7 6 \= 3 P 6 4 CG? < P C 6 <oW 6&:;P 6 4 CG? B79C 6XW J 6 6 = 6 C X_
( (E"+* (#% ( 5* % &" * ( &" * I(E"+* &"
? <oW~6 Zb= 3 7 <96 B79CBD : ? E :F6XW < 6 4 G7A= 6 8 3 6 J 8H7 < =A7 = H?mCG? :F:;6 = 6
n"( #  * %C(E"+* 
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<9<A6 8 6 8 LM7 6A@dWCBe6 ~ 6 < ?”_ ( ($
( *  )(!( ^% % 
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(   % #"\(E  ( !"  n"\( !  (#( " ( "
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" % % ( *
P 8 HLM7 6 8 6 $?8 &798l= 6 8H?\mCG? < = 6 7AC 6 [8k? f C :;6 = 6 P ?8 6 [? < YLq7 6 8 3 6 P ? 6&:;6&<   " #"  )% (
( 
6&< BC 6[6 8I8 6 O

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P ?C 6 N 6&:;P 8 6 * < J 6 7I" ( C 6 4 =A7&H" C 6 8 3 E@?7P( 6 79Cl= 6 " ?79D 6  6 ( 6&<
: 6&u :;6 ( 6O:FP {mT?CB= 6 Cl7 <
= 6 4 D&"( : ? #!H" LM7 6W * < = 6 JCB?w?7Am :F6O< ( 6 C}8 6 =Pk" ? :R6 Q B( C 6 = 6 8k? C#* 7 6  v ? < v% 6 %&?  W * <
P 6 7P(Q 6 %0* <Af C!* < ( 6 C ?> Q 86 U  8+" : "\( 6 " :;P * 6O4 6  P ?CU8 6  : ?)( 6 4 C#H" ?7N @`n" P ?CN%:* < (BC 6 * <
?79m :F6O< ( 6 8H?tJn"( 6 # 6 ?”NIk" ?8 6WqP * 79C mT?XCB= 6 C 8 6 : 6Ou :F6 = 6 4 DP"( : ? !#H" L 6 B ? <  : q* =&"$ 6 C
8 3 E@?7I( 6 7AC = 6 r  ?7AD 6  * < P 6 7I(  6 C 6 G( C#* 7AJ 6 C1?$J 6 ,% 7 <g< * : D9C 6 = 6%H ? % E 6 4 8 6 J 64 W % 6
LM7&" P 6 7P( ?79m :F6O< ( 6 C}8 6  P 6 C!( 6 Q%:* < #H" = 6 4 CG?XD98 6O:F6O< &( 

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2 6 = 6)( * m < = 3 7 < 6,4 + ?Xm 6 = 6-+ 79CpD *H<A6 ?”N * ?8 6 P ? ( (B6 = 3 ?D CB= P ?C 8k? ( 6 4 8 6)./+0* < =97 *
*
+ C * ? < m8 6 = 6)( J *1+G6)( (B6,(&W2.O6 LM7 *3 N 6 ? *H<( * 8 64. 6/56.,*H6O<7+ = 68. E@?Cpm 6W 8 6 . 6,5 .)*I6&<9+ *
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= 6 = 6 4 D *:+ 6,+ 8 6 = 6 mC 6 4 = 6 C 6 4 ? ./+0* < = 6 8 3y6/4 + ?m 6  x <.P 8H7 ( = 6;.O6)(rP ?XCG? :R6,Q + C 6)(OW =9? <(
#* * !* * * *
8 6FP C .&6,(<( 7 ( =97 = 6)( * m < < ? ; 7 +B6 8k? < +<* < = 68( 8 * = *:+ 6 4 >=58 ( 3 ?m *:+ =A7 CG? P9P C + *
* * &*
D'? (OW LM7 *2. <9+ C”u 8 6 8 3 6,(BP ? .O6&:;6&<9+ = 6,(1P ?8 6)(r6/+ = <. 8 6,< : D9C 6 = 6>P ?X8 6)( =@? <( 8 6 *
* * * *
P 6 4 C *H:R6,Q + C 6  v 6&4 P 6&< =9? <9+@( * <A. <(<* = 6 Q C 6 8k? . CB= 6 78H? . Cp= 6 ?”N * ?X8 6 <bP ?CB8 6 = 6 * *
*
„ ˆr‹Z’”„ ‚ †‚ …  <CB 5 7,= 6 „ ˆ1‹Z’”„ ‚ †‚ …~ ˆ:9‚ ˆ„H… <CB 8  2 ? 3 m79C 6 A CD P C 6)4 (p6&<9+G6E.O6)( = *Ih 6 4 C 6O<9+0(
P ?CB? :R6/Q + C 6)( 
*
v ? <( 8k? 3 m79C 6 A GF W < 6,( + 8 61P ? (d6/+ 8 6)( + 8k? . CB= 6 ?”N * ?8 6 = 6,( P ?8 6,(  = <A6 f ? * D98 6
* *
( 8 * = *1+ 6 4 C 6,4 ( 798 +G6 CB?>=@? <( 7 <\f ? * DA8 6 m7 * =9?m 6 = 6 8 3y6)4 . 798 6O:F6O<7+&W ?$J 6). 8 6,( =@? < m 6 C ( = 6
* #* * *
( 6O4 P ?CG? +0* <  = <96 + C P f C +G6H( 8 * = *1+ 6 4 C 6,4 ( 798 +G6 CG?R=9? <( 7 < D < m7 * =@?m 6;: ? *:( = 6)( 5*
* !*
P 6 C +B6)( J *:( LM7 6 7 (B6,(-*H:;P C + ? <9+G6)(I(B6 C <9+,P C 6)4 (p6&<9+G6,(  2 ?JX?8 6 79C P+0*H: ?8 6 =97^CG? P _ *
* * !*
P C + <CB 8 6)(+ ? *H<J(<* 7 <K. :;P C :6*:(6O<9+ C 6 8 6)(P 6 C +G6,(UP ?C~= 6)4 . C . E9?m 6r6/+ 8 6,(~P 6 C +B6)( !*
* * * * *
P ?C f C *L./+0* <  H *H<(. 3 6)( + 8 6 < : D9C 6 = 3 ?79D 6)(U: *I<(( <9+ 8 6)( P 6 C +G6,( J *L( LM7 6 7 (B6,( 
* *
: ? *L(~P 8I7 (*H:;P C + ? <7+B6)(E( <9+ 8 6)(}P 6 C +G6)(}P ?XC ( 6&4 P ?XCG? +<* <  *
* #*
D 7AC :6*I6 7N . ?XCG? ./+ 6 4 C *L(p6 CU8 6 P C D98 6OQ :F6XWNMPO*H6 m 6 8 6&< GQSR7T,?>= 6 4 J 6 8 P9P 6 4 7 <K. C *1+$6 Q C 6 *
* * *
P 79C 6/4 + ?DA8 * C"7 < 8 *I6&<;6&<9+ C 6 8 6. 6,5 .,*H6&<9+ = 6 P C + ? <.O6@+ ? < m 6&<9+<*H6 8VU 6/+ 8k? ( 8 * = *:+ 6 4 *
* !* *
?”N * ?8 6 <CB 8  Œ 8 3y6&4 P LM7 6 = 66MPO*H6 m 6 8Y8k?\JX?8 6 79C + C 7AJ 6&4 6
P 79C <CB 8 * = 6 4 ?8{? 6/4 + 6 4 = 6
!* *
WAXFA9Π7 ; 79CB= 3 EM7 *>.&6. 6/56.,*H6O<7+dP 6 7 +d: 6&u :;6 = 6&4 P ? (<(p6 Cd8 3 7 <*:+ 6 4 
+* * *
2 6 = 6 4 J 6 8 PAP 6O:F6O<7+ = 3 7 <96|6 N P C 6)(<( * <t6&<9+ C 6 8 6Y. 6,5 .)*I6&<9+ = 6P C + ? <.O6"+ ? < m 6&<9+0*I6 8 W *
* *
=@? <( 8H?t= * C 6,.,+0* < = 6 8H? J *:+B6)( (B61P 6 4 C *HP E 6 4 C * LM7 6-ZtWA6/+ 8k? ( 8 * = *:+ 6 4 7 +0* 8 *L(p6 8 3y6 4 Lq79? +0* < *
* *
= 6 8k? LM7@? <9+0*1+ 6 4 = 6[: 7AJ 6&:;6&<9+ = 6 8k? f C :;6( 7 * JX? <9+G6 
[>\  ^ ] ! < +`_ba !  < +_ca  
 
2 6 = 6 4 D *1+ : ? ( (<* LM7 6[P 6 7 +d( 3 6 N P C *H:;6 C}= 6 = * h 6 4 C 6O<7+<( : ? <* 6 Q C 6)(  = <96 = 3 6 8I8 6)(}6,( +d6&<
* *
f <./+0* < = 6,( LM7@? <9+<*:+ 6,4 (e? * *
Q 8k? ( + ? +0* < = 66( C +<*H6 c 3 6,( + _ ?”Q _5= * C 6 ^ ] fe hgiY < 
+*
e  !  5,j < a  < 9Π8 C (

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: ? L* ( gi  !  5/j < a   !  ,5 j < a  W = 6q( C +B6 Lq7 6  *
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  i 
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*
 IGF v *Ih 6 4 C &6 <9+G6,(d( 8 * = *:+ 6 4

* *
` * < 6 N P C *H:;6 .O6,+ +G6{f C .O6"P ?C 7 <*1+ 6 4 = Y * &*
6 ( 97 C f ? .&6 8  W <tP ?CB8 6 = <. = 3 7 9< 6"P C 6,(<( * < *
*
: ZS 6&<9<96 
e hg  < np9_ba onp9_ba  
l\  iY 
8
* * *
6,+ (<*.O6,+<+B6P C 6,(<(<* < 6)( + C 6O< =97 6 ?= *I:F6O<(<* <9<96 8H8 6wP ?C
CB? 9P P C +g? Q  e  !   B  
e hg  B  /5 j <  a  W A
i
* !* * *
< + C 7AJ 6 8 6. 6,5 .)*I6&<9+ = 6[P C + ? <J.&6+ ? < m &6 <9+0*I6 8I8 6 
5,j <  a  < np9_ba  tnp9_ba  
g \  8B 
* *
&. 6 ML 7 3 < 8 3y6,4 . C *1+E3@< ?X8 6&:;6&<9+. :F:;6 
< 
g \   8 5/j < a  np9_ba  onp9_ba  


s&' >  #$     &N Y  &m h&    Y 
* * *
= <96>f :* ( LM7 6 H8 ? . CB= 6 6/+ 8k? ( 8 * = *:+ 6 4 9< + 6,4 + 6- * &* * P* #*
4 . E *L( *L(OW < = :* + P C . 6 4 = 6 C ?wQ 8H?
*
. <J.&6&P+0* < 6*
= k
8 ? P l?  8 8 $
 c 8 q
L 7 = 4
6 6 6l:;6&:;6 )6 .,*9*H:;P * 6 ,6 (>(BP 6,.)*:3. +<* <( 6 : 6,+ * 7 6,(
I
8 ? m * *
4 C M
L

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= 3 &6 <9+ C 6&4 66,+ = 6 ( C +0*H6"6/+ 8H? f C :;6 = 6)(KP C 3 8 ( P C =97 *L(<( ? <9+ 7 <,: *H<*I: 7 : = 6P 6 C +G6,(  !*
*
2 ? f C :;6 = 6)(1P ?8 6)( =9? <( 8 6,(I+ 7ACBD *I<96)(r6/+. :;P C 6)(<(p6 79C ( ?”N * ?7N 6)(+rf < =9? :F6O< _ * *
+ ?X8 6&:;6&<9+ = *Ih 6 4 C 6&<9+G6 P ?C .O6 LM7 6 8k? + ? u . E 6F?> Q ? .,. :;P 8 * C P ?C 8 6)( = *Ih 6 4 C 6O<9+G6)( CB? < m 6O4 6)( *
* *
= 3 ?79D 6)( ( <9+ 6 4 mT?8 6&:;6&<9+[f < =@? :;6&<9+ ?8 6O:F6O<7+ = * h 6 4 C 6&<9+B6)( x < m 6O4 < 6 4 CB?8 W =@? <( 7 <
*
6,4 + ?m 6 = 6 + 79CpD *H<A6W 8 6)( ?79D 6)( =97 (+ ? + C 6/+ =97bC + C ?m *:(<(B6O<9+. :;:;6 = 6,(E+ 7AS 6 Q C 6)( !* * *
* *
. < J 6 Cpm 6&<9+G6,(t6/+ 8 356)4 . 798 6&:;6&<9+ S 6)( + ? .). 6 4 8 6 4 C 6 4 P= < J 6 C (B6O:F6O<7+&W =@? <( 8 6)( 6/4 + ?m 6,( = 6
* *
. :FP C 6)( (B6 7AC W 8 356)4 . 798 6&:;6&<9+l6,( + = 6,4 . 6 4 8 6 4 C 6d 4 6/+ 8 6,(2( + ? + C ({6,+ C + C ( ?m *L(<(p6&<9+Y. :F:;6 * !* * *
*
= 6,( = *Ih 7 (B6 79C ( jc 6,(@*I< = *:. ? +<* <( = *L./+G6O<7+ 8H? f C :;6 m 6&4 < 6 4 CG?X8 6 = 6)(}P ?X8 6)(  *
* D 79C8 6)(>+ 79CpD *H<A6)(&W 8H?d8 * m <96 = 6( LM7 6 8 6/+<+G66)(+ ( 7AJ 6O<9+ = 6)4 . C *1+G6|P ?CK7 <,P 8IS < :F6 = 6 * * *
*
= 6 mC 6 4 ŒdJ 6). 7 <96. 7ACBD 6 = 6 .O6,+<+B6r< ? + 79C 6I* 8 6)( +~P ( (<* D98 6 = 6I3 N 6 CU8 6)( ? < m8 6)( # *
*
= 3 6&<9+ C 6&4 66,+l( C +0*I6 ? *H<( * Lq7 6 8 3 ? < m8 6 = 6. ?8k?m 6   v ? <( 7 <96Y+ 79CpD *H<96 8 3y6,4 . 798 6&:;6&<9+ *
&* * &*
= *1+ 6/u + C 6 ? .,. 6 4 8 6 4 C 6 4 6,+.&6/+<+G6 ? .). 6 4 8 6 CG? +<* < = *1+(p6 f ? * C 6 = 6 : ? <* 6 Q C 6 C 6 4 m798 * 6 Q C 6 =@? <(
8 6
P ? (<( ?Xm 64*I<7+B6 CB?79D 6  2{3 ?C + =97 = 6,(<* m </6)(+ = <. 8 6H. <9+ Cu 8 6 = 6 8 3y6&4 P ? *L(<(p6 79C = 6 P* * *
8 3 ?79D 6( 7 P 6 C P ( 6b *
4 ? Q 8k?>8 * m <96 = 6q( LM7 6 8 6,+<+B6tP 79C}? +<+G6,*H< =AC 6.&6/+ D; 6)./+0*If  * *
 ?XD *:+ 7 6 8I8 6&:;6&<9+ 8k?e8 * m <96 = 64( Lq7 6 8 6/+<+B6 = 6)(-. :;P C 6,(<(p6 79C ( 6)( + 7 <96\P ?XCG?D 8 6 7 * 5* *
*
7 < ?XC . = 68.&6 C . 8 6  2 6)( ?79D 6)( = 68. :;P C 6)(<(p6 79C ( 8 6,(,P 8I7 ( C 6&4 P ? < =97 6,(;( <7+;.&6 7qN ( *
= 6 8k? ( 6 4 C *I6 g 
   2 6e< 7 :F6 C *H< = * LM7 6 8k? P ( *:+0* < = 6 8k? P C 6)(<( * < #* * * *
*
: *H<*I: ?8 6 W”_ WT W 8 6. E * h C 6&6 8 6. 6/56.,*H6O<7+ = 6 P C + ? <.&6 B GW 6,+ 8 6. E *Ih C 6 *
 8 3y6&4 P ? *:(<(p6 79C : ?”N *H: ?8 6 C 6 8k? +<* J 6  B  W WTi
*
2 6 = 6 mC 6 4 = 6 C 6 4 ? ./+0* < 6,( + ?7 (<( * 7 <96 mCG? < = 6 79CLM7 *(B6 + CB?=97 *1+ (B6 8 < 8 6 + S P 6 *
* * 1*
= 3 ? P9P 8 *L. ? +0* <oW . :;P C 6,(<(p6 79C 7 + 79CpD *H<A6WN( 7ACd8H? f C :;6 = 6,( P ?X8 6)(  *
* *
D 79C8 6. ? ( = 6,(. :FP C 6)( (<(p6 79C (&W 8 3 6 N P 6 4 C *H6&<J.&6 ? : <9+ C 6 4 LM7 6 8 6 = 6 mC 6 4 = 6 C 6 4 ? .,+<* < * *
&* *
= *1+ 6,u + C 6 ?7Nb?8 6O<9+ 79C ( = 6   W Tqn <R6 N P 8 * LM7 6.O6).,* . :;:F6 8 6 C 6,4 ( 798 + ? + = 3 7 < *
*
= 6,(<* m < LM7 *{P 6 C :F6/+ 7 <96 ?79m :;6&<9+ ? +0* < mCG?=A7 6 8I8 6 = 6 8k? P C 6)( (<* < 6O<7+ C 6 8 3 6&<9+ C 6&4 6 *
*
6,+ 8k? ( C +<*H6 = 6 8 3y6/4 + ?m 6 q` * 8 3 ?79m :F6O<7+ ? +0* < = 6dP C 6,(<(<* <w6,( ++ C P CB? P* = 6W 8 6 C *:( LM7 6* * #*
!* *
= 3 7 < = 6,4 . C . E 6O:F6O<9+ = 6 8H? . 7 . E 6 8 *H: *:+G6 ?X79m :;6&<9+G6 ?7 (<( *  =58 6,( + D *H6&<4. <9< 7bLM7 6 *
#* *
8 6 = 6)4 . C . E 6&:;6&<9+ = 6 8 3y6,4 . 798 6&:;6&<9+ 6O<7+ CG?Zu <96 = 6,( P 6 C +B6)( *H:;P C + ? <9+G6)( YΠ7 (<( * W * 8 *
? 6/4 + 66 #*
4 + C 7J 6 4 Lq7 3 7 < f ? .,+G6 79C   W T f ?$J C *L(B6 8 66. <9+ Cu 8 6 = 6)( 8 *H: *:+B6)(1P 79Ct8 6 * * * *
*
< : C 6 = 6 H ? . E   W  D W  FT =9? <( 8 6 (+ ? + C 6,+ =@? <( 8 6 C + CO=58 ( 3 ?m *1+ = 6
9
D * !* *
8 *I:6*1+G6,( ?7_ = 6 8 ?> Q = 6)( LM7 6 8 ( 8 6)(}P 6 C +B6)( = 6 J *I6&<9<96O<9+I*I< ? .).O6&PJ+ ?D98 6)( 
2 ? f C :;6* *
= ,6 ("P ?8 6,( = 6,(Y+ 79CBD *H<96,( J?XC *H6(B6 8 < LM7 3 * 8 ( 3 ?m *1+ = 3 7 <96+ 79CBD *I<96,? Q JX? P 6 79C
*7R= 3 7 <96 + 79CBD *I<96\?F *
Q mT? D 7AC 8 6)(dP C 6O:6* 6 Q C 6,(&W 8 6 CG? P9P C + = 6 P C 6,(<(<* <gP 6 7 + 6,u + C 6 * *
= 6 8 3 Cp=9C 6 * *
GW W Wg  Wj: ? *:( P 79C17 <96;+ 79CBD *H<96 ?\ Q mT? W 8H?\8 *I:6*1+G6 = 6 .&6 CB? P9P C +16,( + *
= 3 6&< J * C < !*  W   v ? <J( 8 6 . ? ( = 6,( + 79CBD *H<96,( ? Q mT? W 8 6 = 6 mC 6 4 = 6 C 6 4 ? ./+0* < 6,( + *
6&< C 6 8H? +0* * < = * C 6)./+G6 ?$J 6). 8H? +B6&:;P 6 4 CB? + 79C 6 Π*H<( * < ? *I<9+ 6 4 C&6,u +^? Q 6&:;P 8 S 6 CF= 6)( * *
JX?8 6 79C (+G6 *
8 ( LM7 *P 6 C :F6/+<+B6&<9+ 7 <A6 C 6 =97 ./+0* < CG? P* = 6 = 6 8k? +G6&:;P 6 4 CG? + 79C 6XWV( 79C + 7 + *
I … €Z€‚ ’KJ ‘ L…G $Aˆ—@‚ …i


* !*
=@? <( 8 6)( P C 6O:6* 6 Q C 6,( 6/4 + ?m 6,(  v ? <( .O6;. ? ( < C 6/+ C 7AJ 6>f C 6 4 LM7 6O:F:;6&<9+ 8 6)( XJ ?8 6 97 C (
  Wr W 
 ˆ„H…‹,†q…  ‰qOŠ&‚V—j…,ˆ /…• I
*
2 ? f C :;6 = 6)(rP ?8 6,( = 6q+ 79CpD *H<96 7 +0* 8 *:( ? <9+ 7 < + C * ? < m8 6 = 6 J *1+G6,(<(B6 ?ZJ 6). 7 < = 6 mC 6 4
* *
= 6 C 6 4 ? .,+<* << 798 6)(+I* 8H8I7 ( + C 6&4 6I( 79C}8k? 3 m79C 6.,* _ . <9+ C 6 

La section de passage
demeure constante

 IGQ D ?8 6)( = 6+ 7ACBD *I<96 @  W

 ˆ„H…‹,†q…  ‰qOŠ&‚V—j…,ˆ /…• I



*
2 ? f C :;6 = 6)(}P ?X8 6)( = 6+ 79CBD *H<96 7 +<* 8 *L( ? <7+ 7 <K+ C * ? < m 8 6 = 6 J *1+G6)( (B6q( S : 6,4 + C * LM7 616,( +
*
* 8I8H7 (+ C 6O4 6 ( 7ACd8H? 3 m79C 6q.,* _ . <9+ C 6 

La section de passage est


décroissante

   ASWA D X? 8 )6 ( = 6+ 79CBD *I<96   W T

 ˆ„H…‹,†q…>•’”“ $ G…‹‹Z…i‰ ˆ / …• I



*
2 ? f C :;6 = 6,(|P ?8 6,( = 6. F * : P C 6)( (B6 7AC|7 +0* 8 *L( ? <9+ 7 < + C * ? < m8 6 = 6 J *:+G6,(<(p6( S : 6/4 + C * LM7 6
*
6)(+@* 8H8I7 ( + C 6&4 6I( 79Cd8k? 3 m79C 6). * _ . <9+ C 6 

‘ ‰q&Ši’”“;ˆq•–q‚V—j…‹
    
    F

La section de passage est


croissante

*
 A D ? 8 )6 ( = 6. :;P C 6)(<(p6 79C   W T

 %r "){! 5B6 9 5;"0 'g%r0l!!B6


#"  $t "&N c   &' 7N&%d 

5* *
* * * * * * *
2 6)( + 79CBD : ? . E *I<96)( ( <9+ . <Y.  7 6)(.P 79C f <./+0* <9<96 C ( 7 ( = 6)( . < = *1+0* <(
* * !* * *
= 3 P 6 4 CG? +<* <m(BP 6)4 .)*13 LM7 6)( = 6 J *:+G6,(<(p6 = 6 C + ? +<* < 6/+ = 6 = 6 4 D *1+: ? (<(<* LM7 6 Lq7 3 <
* * *
= 6/4 3@<*:+8. :;:F6 8 6 $@’”‚V—,—j’”“ ‚V— ˆ„ 7 $@’”‚V—
†q… †q…‹i‚ €— ('7 ( LM7 3 ? Q P C 6,4 (B6O<7+ < ?
* 5* * * *
( 7 P9P ( 6 4 LM7 6 8 6)(E+ 79CBD : ? . E *I<96)( P 6 4 CB?C 6O<7+ ?7 P *H<9+ = 6 = 6)( * m <oWA: ? *:(~6 8I8 6,(E( <9+
* a* &* * * *
( 7AJ 6O<7+ = 6&: ? < = 6,4 ( ? P 6 4 C 6 CtE C ( = 6 .&6wP *I<7+t< : *H< ?8 6&< CG? *:( < = 6Ff ? ./+G6 79C (
*
JX?C * 6)4 (OWJ+G6 8 ( LM7 6 8 6)(UP 6 4 C * = 6)( = 6 = 6&4 : ?CpCG?m 616/+ = 3 ?XCBC&6/u +$W@P ?XC 6 N 6&:;P 8 6 
*H ?8ImC 6 * * * #* *
4 .&6,+ *I<. < J 6&4 <J*H6&<9+&W + ? <9+ LM7 6 8 3 < Po6 Q C 6 =@? <( 7 <A6 C 6 4 m * <
P C . E 6 =97 P *H<9+
* * *
= 6 = 6)( * m <jW * 8 6)(+,P ( (<* DA8 6 = 6
f ? * C 6 .O6 C + ? *I<96)( ETS P + E 6)Q (p6)(;( 79Ct8 3y6,4 . 7A8 6&:;6&<9+ LM7 *
!* * * &*
P 6 C :;6,+ + C <9+ = 6 = 6 4 mT?Xm 6 C}8 6,(. ?CB? .,+ 6 4 C *L( +<* LM7 6,( =A7 . :FP C +G6&:;6&<9+ E C ( _ = 6)( * m < 
* * *
= <A6R: ? . E *I<966)( +4. <.  7 6RP 7AC;LM7 3 * 8US ? *1+ 7 < ? .). CB== 6 LM7@? ( * 6 4 mT?8 *1+ 6b 4 6O<7+ C 6
* * *
8 6,( ? < m8 6)( = 6 8 3y6,4 . 7A8 6&:;6&<9+d6,+ 8 6,( ? < m8 6)( = 6)(dP ?8 6)( Π*H<( * W =@? <J( = 6,(@. < = *1+0* <(
&* *
E C ( _ = 6)( * m <oW   (p6 CB? P ( (<* DA8 6&:;6&<9+ = * h 6 4 C 6O<7+ = 6    W. 3 6)( + _ ?”Q _ = * C 6 LM7 6 8 3 ? < m8 6
* #* * *
= 3 *H<.,* = 6O<.&6 = 6 8 3y6,4 . 7A8 6&:;6&<9+Y( 79C{8 6,({P ?8 6,( =97;C + C <96. *H<.,* = 6 CG? P ? ( ?$J 6,..&6 8I7 *
* * * #* * * *
. ?X8 . 7A8 6&4 6 P 7AC~8 6 P *I<9+U< *I:6*I< ?8 T` * 8 356)4 . ?C +~6)( ++ C P\f C +$W 8 3y6)4 . 798 6O:F6O<9+~P 79CBCB? +
* !* * * * *
?8 C ( (p6 C 6,+ C 7AJ 6 CK=@? <( 7 <96|P (<*1+0* < = 6 = 6)4 . 8H8 6O:F6O<9+ P ?C CG? PAP C + ?7N P ?X8 6)( ”c 6 _
* * &* #* *
P 6&< =@? <7+&W =@? <( = 6,(. < = *:+0* <( 8 6 4 m 6 Q C 6&:;6&<9+ E C ( _ = 6)( * m < ( ? <( = 6,4 . C . E@?m 6[f C +  W
*
8 3 ? < m8 6   (p6 CB? P ? (<( ?D98 6O:F6O<9+ 6 4 mT?8 ? Q    P 7 *L( Lq7 6 8 3y6)4 . 798 6O:F6O<7+ ?79CG? +B6&< =9? <.&6
* *
? Q (B6 C 6 4 ?8 * m <96 C~=@? <( 8k?>= * C 6,.,+<* < m 6 4 : 6,4 + C * LM7 6 = 6,( P ?8 6,( 

I … €Z€‚ ’KJ ‘ L…G $Aˆ—@‚ …i




 "
$t  &     &  f  &N S  $
n  * * * * *
< ( ? *:+ LM7 6 8 C ( = 3 P 6 4 CG? +0* <( = 3 ? .). 6 4 8 6 4 CG? +0* <16,+ = 6 = 6,4 . 6 4 8 6 4 CB? +0* <oW&P ?C 6 N 6O:FP 8 6W
* * *
7 < . :;P C 6,(<(B6 79C 6,( + ? P9P 6 8 6 4 ? Q f <.,+<* <A<96 C
=@? <J( = 6,(6. < = *1+0* <( 6 4 8 * m < 6O4 6)( =97 * * +*
* *
P *H<9+ = 6 = 6)( * m < |c 6)( (<*:+ 7@? +<* <( *I< = * Lq7 6&<9+ Lq7 6 8 6K. :;P C 6,(<(p6 79C;= *1+
P 7J * C * &* * *
* *
P 6 4 C 6 Ct=@? <( 7 <96FP 8k?m 6 ? .,.&6OPJ+ ?DA8 6 = 6 JX?C * ? +<* <( = 6 8k?J *:+G6,(<(p6 = 6 C + ? +0* < 6/+ #* *
* * *
= 6)(. < = *1+0* <( = 3 6O<7+ C 6O4 6 =97 > 7 * = 6  ] 6 4 ? <9: *H<(OWP* 8KS ?\= 6)( C 6 4 m * <( = 3 P 6 4 CB? +0* < * * *
*
LM7 * 8H7 *( <9+
< 6i4 f ? ( +B6)(
6,+ LM7 *UP 6 7J 6&<9+ . < =97 * C 6/?. * P*
Q = 6)( = :F: ?m 6,(-+ C 6)Q ( *I:FP C*_ *
* *
+ ? <9+<( ?X7 <* J 6 ?7F= 6)( ?79D 6)(  D 79C D +B6&<* C{7 <FP C 6&: *H6 C 6)(+0*H: 6 4 =97 . :;P C +G6O:F6O<9+ * *
&* * * *
E C ( _5= 6)(<* m <oW < . <J(<* = 6 Q C 6 Lq7 6 8 6)( ? < m8 6)( = 6,f 7 *:+B6 = 6 8 3y6,4 . 7A8 6&:;6&<9+ = 6&:;6 79C 6&<9+
* * * * !* *
. <J( + ? <7+<( =9? <( 7 <96 C 6 4 m * < = 3 P 6 4 CG? +<* <
P C . E 6 =97 P *H<9+"< : *H< ?X8  v ? <(Y.&6. ? (OW *
* P*
8 6. 6/56.,*H6O<7+ = 6. E@?XCBm 6 6)(+ = <9< 6[ 4 P ?C[

@  } B np9_ba   np7_   
* * * * *
c 6,+ +G6 6 4 LM7@? +<* < + E 6 4 C * LM7 6W P 79C18H?LM7 6 8I8 6 < ? . <(<* = 6 4 C 6 4 LM7 6 8 6)( ? < m8 6)( a  6/+
* * *
  ( <9+ . <J( + ? <7+<(&W"*I< = * LM7 6 Lq7 6 8 68. 6,5 .,*H6&<9+ = 6K. E9?CBm 6 ?7Am :F6O<9+G6 ?7 f 79C 6/+
*
? Q :F6,( 79C 6 LM7 6 8 66. 6,5 .)*I6&<9+ = 6 = 6 4 D *:+ = *H: *H< 7 6  v ? <( 8k? C 6 4 ?8 *:+ 6X4 W>.&6,+ +G6K. 79CBD 6 *
*
6)(+ : q= *13 6F #*
4 P ?C>8 6,(,P 6 C +G6)(,6,+ 6 8H8 6;< 3 6)(+
P ? ( 7 <A6 =9C *:+G6;: ? (,P 8I7 + u + = 6wf C :;6 * *
R* * *
P ?CB?D 8 * LM7 6  2 ? 3 m79C 6 A * 8H8I7 ( + C 6 8H?[JX?C * ? +<* <;+ E 6 4 C * LM7 6 = 6 @ 6O<Ff .&<9+0* < = 6 * *
*
B>6,+ 8k? . :FP ?C 6r?U * *
Q 7 <96 JX?C * ? +0* <I+ S P* LM7 6 D +B6&< 7 6|P ?C = 6,(6,(<( ? *L( 6 N P 6 4 C *H:;6&<9+ ?7N 

Y
Point de design

Théorique

Expérimental

* :;P *C +B:F6O<7+ &E *C ( _5= 6,(<* m < = 3 7 < . * :FP C 6)( (B6 7AC
F
 Ac

`79C8k? . *79CpD 6 6 N P 6 4 C *I:F6O<7+ ?8 6 *H<Af 6 4 C *I6 79C 6  W * < = *L( +<*H< m7 6.<96,+ +G6O:F6O<7+ 8 6.P * *I<9+
< * : *H< ?X8  = <96 C 6 4 =97 ./+0* * < = 6 BA*I:FP 8 * LM7 6 7 <96 JX?C * ? +<* * < = 6 8 3 ? < m8 6 = 3 *I<.)* = 6&<J.&6 6/+
Q 7 < = 6,4 . C#* . E@?m 6*I<.)*IP*H6O<7+ = 6 8 3y6,4 . *7A8 6&:;6&<9+~?U
6 4 J 6&<9+ 7 6 8H8 6&:;6&<9+Y:e6&Q <A61?U Q 7 <96|P * (<*1+0* * <

‘ ‰q&Ši’”“;ˆq•–q‚V—j…‹
    
    F

* *
4 P ?XC B  2 C ( Lq7 6 B . <7+<*H< 7 6R?w * Q ?79m :;6&<9+G6 C 8 6 = 6,4 . C . E@?m 6 = 6 J *H6O<9+ = 6>P 8I7 (#*
< + 6,
*
6&<P 8I7 (E( 6 4 J 6 Q C 6 ;p7 ( LM7 3 ? .O6 Lq7 6 8 3y6,4 . 7A8 6&:;6&<9+ ? +<+G6,*H<9+ 7 <A(p6 7 * 8 ? Q P ?C +0* C=979LM7 6 8 8 6
*
C 6O< = 6O:F6O<7++ : D 6rf C +B6&:;6&<9+ *
*
D 7 *L( LM7 6 8 3 6 N P 6 4 C *I6&<.O6I*I< = * LM7 6 LM7 6 8k?[C 6 8H? +0* <
6&<9+ C 6 @ 6,+ Bb< 3 6,( + P ? ( 8 *H< 6 4 ? * C 6U6&<
#* *
P CB? +0* Lq7 6W 8 6)( ? < m8 6,( =97 > 7 * = 6 . E@? < m 6 C <9+ ?8 C (rP ?C1CG? PAP C +w? Q .&6 7N =97 P *H<9+ * *
* #* *
< : *H< ?8  = <96 ? P9P C . E 6"P 7AC P ?8 *I6 C ? Q .&6/+<+G6 = *15 . 798 + 6"4 6,+ 8 3 7 +<* 8 *:( ? +<* < = 3 7 <-(+ ? + C * *
Q ? < m8 6 JX?C * ?D98 6( 3 *I<. 8 *H< ? <9+P ?CCG? P9P C + ?,
?, * *
Q 8H?t= * C 6,.,+0* < ?”N * ?8 6@.O6 LM7 * ?X79m :;6&<9+G6
8 3 ? < m8 6 a  6/+ = *H: *H< 7 6 8 6 = 6 4 D *:+}: ? (<( * LM7 6 gi = *H: *H< 7 6 i

   K  F   


+* *
QΠ. ? 7 (p6 =97R= 6 4 J 6 8 P9P 6O:F6O<9+ = 6,(I. 7 . E 6,( 8 *I:6*1+G6)(( 79Cd8 6[: S 6 7 6,+ 8 6. ?C +G6 C W *
* #* #* +*
< C 6,+ C 7AJ 6 CG? P* = 6O:F6O<9+ = 6,(rP C 3 8 ( = 6 J *:+B6)( (B6;( 3y6 4 8 * m < ? <9+ =97 P C 3 8 P 8k? + 6,+ 8k? !*
* *
J *:+B6)(<(p6 ?”N * ?8 6F< 3 6,( +
P ? ( . <(+ ? <9+G6K(p6 8 < 8 3 E@?7 +B6 79Ct= 6)( P ?8 6,( {c 6/+
6Oh 6,+ 6,( + ?
* *
?7 ( (<* 7 <96 *H< > 7 6&<J.&6*H:;P C + ? <9+G6I( 79C~8H?,= *L(+ C * D97 +<* < = 6 J *:+B6)(<(p616&<9+ C 6 8 6 P C 6O:6*I6 C
*
6,+ 8 6 = 6 C <*H6 C 6,4 + ?m 6 = 3 7 < . :;P C 6,(<(p6 79C : 798 +<* 6,4 + ?m 6  2 ? 3 m79C 6 A Wl* 8H8I7 ( + C 6 = 6
#* !*
: ? <* 6 Q C 6H+ C 6)Q ( ? P9P C $N *H: ? +<* J 6 8k?e= *Ih 6 4 C 6,+<(,P C 3 8 ( = 6 J *1+G6)( (B6 =A7 P C 6O:6*I6 Ct?7 =97
*
= 6 C <*I6 C 6,4 + ?m 6 = 3 7 < . :;P C 6,(<(p6 79C : 798 +0* 6/4 + ?m 6 

!*
 AA D C 3 8 ( = 6 J *1+G6,(<(B6,( = 3 7 < . :;P C 6)(<(p6 79C ?”N * ?X8 *
QŒ 8 3 ? * = 6 = 6 8 3y6 4 LM7@? +<* < *
!
 Z Z  gi n p7_     Z Z gi rnp9_ba   np9_   
gi np9_ba  Y
*
6,+"6O<6. <( * = 6 4 CG? <9+ LM7 6 8 6)( ? < m8 6,( a  ,6 +   = 6O:F6 79C 6O<7+ . <( + ? <9+0(OW < J *:+ LM7 3 7 <96* * *
*
= *I:6*I< 7 +0* < = 6 8k? * *
. :;P ( ? <9+B6 gi W ?$J )6 .4Z  5 n Wj6&<9+ CG?u <96 7 <96 ?97 m F : 6O<7+ ? +0* < *
I … €Z€‚ ’KJ ‘ L…G $Aˆ—@‚ …i
4

=97 + CG?$JX? * 8 (BP 6)4 .)*13 LM7 6 ! Kc 6,+ +G6 ?79m :;6&<9+ ? +0* < =97 + CG?$JX? * 8 P C q=97 *1+w? Q ( < + 79C * #* * *
* *
7 <96 ?79m :F6O<7+ ? +0* < = 6 8H? : ? ( (B6 J 8H7 : * LM7 6 Lq7 * Lq7 *:+<+B6 8 6~P C 6&: *H6 C 6,4 + ?m 6  =58 ( 3 ?m *1+
&* * #*
= <. = 3 7 <g6Oh 6,+ ?X=9= *:+<* <A<96 8 LM7 *P C q=97 *1+ 7 <A6 = *H: *H< 7 +<* <6O<. C 6>P 8I7 ( f C +G6 = 6 * * *
8k?wJ *:+B6)( (B6 gi =@? <( 8 6 = 6 7N * 6&Q :;6 6/4 + ?m 6  ] ? + 79C 6 8I8 6&:;6&<9+&Wb.&6/+t6ihj6/+ ?79m :;6&<9+G6 8 6
+* * * *
8 < mR= 6,( 6/4 + ?m 6,( = 66( C +B6 LM7 3 7 <96 C 6 4 =97 .,+0* </: q= 6 4 C 6&4 6 = 6 gi W =@? <J( 8 6
P C 6&: *H6 C
* * * * *
6,4 + ?m 6\P 6 7 +H. ?7 (p6 C 7 <96K. < = *1+0* < = 3 P 6 4 CG? +<* < f C +G6O:F6O<9+ E C ( _5= 6)(<* m < P 79C>8 6 &* *
* *
= 6 C <*H6 C 6,4 + ?m 6  2 ? 3 m79C 6 SR : <7+ C 6 =@? <( 8H?RC 6 4 m * < =97 CB?$S < : ZS 6&< 8 3 6ihj6/+ * *
* * &*
= 3 7 <96 P 6 4 CB? +0* < E C ( _ = 6)( * m < 

!*
 ASR9 D C 3 8 = 6 J *:+B6)( (B6 6,+ * P 6 4 CG? +<* * < &E *C ( _ = 6)( * m <
* * * &*
D 7AC|= 6)(Y. < = *:+<* <( E C ( = 6)(<* m <oW 8 6+ CB?$J? * 8AC 6&4 6 8 f ? *:+ ( 79C"8 6 > 7 * = 6(B6 CB? = <.UP 8I7 ( P*
f ? * DA8 6 LM7 6Y.O6 8H7 *P C 6 4 = *:+oP ?C 8 6 + C * ? < m8 6 = 6,( J *:+G6,(<(p6)(l*H<*1+0* ?X8A  g \    g \   
 
* * *
c 6,+e6Oh 6,+e6,( +A+ C 6)Q (K*H:;P C + ? <9+bP 79Cb8 6,(K. :;P C 6,(<(p6 79C ( ?”N * ?7N 6/+A. ?7 (B6 CB? = 6)(
* *
6)4 . ?C +<(*H:;P C + ? <9+<( P ?XCrCG? PAP C + ?7.= 6,(<* m < (B6 8 < 8 6-+ C * ? < m8 6 = 6)( J *1+G6)( (B6,(  D 79C +* *
* * +*
+G6O<* C . :FPJ+B6 = 6;f ? .  < m8 D@?8 6 = 6 8 3 *I:FP ? .,+B6 = 6 8k? f C :;6 =97 P C 3 8{= 6 J *:+B6)( (B6 * #*
*
( 79CU8H?>= *H: *H< 7 +<* < =97 + CB?ZJX? * 8 (pP 6)4 .,*:3 LM7 6XW'* 8 6,( +. 79CG? <7+ = 3 *I<7+ C q=97 * C 6 7 <bf ? ./+G6 79C * #*
*H<Af 6 4 C *I6 79C ?g
Q 8 3 7 <*1+ 6;
4 < + 6w *
4 P ?C,8 64( S : D 8  R*
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* R*
= 3 x"7A8 6 C P 79CU8 6)(+ 79CpD : ? . E *H<96,(U6)( +d: = *:3 6O4 6. :;:F6I( 7 *1+  * *
 bZ  g i rnp9_   tnp9_   


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2 6 . 6,5 .)*I6&<9+ = 6&4 P 6&< =b=97 < : DAC 6 = 3y6/4 + ?m 6,( =97 . :FP C 6)( (B6 79C& v * ? <( 7 < = 6)(<* m <
P C 6 4 8 *I:6*I< ? * C 6 6/+( 3 * 8 : ? < LM7 6 = 3 ?7 + C 6,( = <9< 6O4 6)(OW <eP 79CpCG?>7 +<* 8 *L(B6 &* * * C 8 6 mCG? P E 6 = 6
~
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 O6 8H8 3 m79C 6  TjLq7 * C 6&P C 6)4 (p6&<9+G6 7 <  Cpa v <96 Ž? ./+ C d: ZS * * * * 6O<?d Q ? P9P 8 * LM7 6 C
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d’étages
 A T v * ?XmCG? :;:;6 = 6  * O6 8I8
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n <\< +B6 LM7 3 <b<96 = *:+P ? (E. <Af < =AC 6 8 6@. 6/56.,*H6O<7+  * * * ?$J 6,. 8k? <* +0* * < = 6 C 6&< = 6 _
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:;6&<9+ 9=58 ( 3 ?m *1+"P 8H7 + u + = 3 7 <Ff ? .,+G6 79C"= 6d. CpC 6)./+0* < LM7 * * * ? h 6)./+G6 8 6+ CB?$J? 89LM7 7
6,u + C 6rf ? *1+ C 6O4 6 8I8 6&:;6&<9+( 79C}8 6 > 7 * = 61P 79CU7 <K+ C * ? < m8 6 = 6 * &* <9< 6 *4  = <9*6rP f 6 * *L+(
J *:+G6,(<(p6)( =
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8 66+ CG?$JX? * 8 = 6/4 +G6 C :6*I< 64 W 8k? < +0* < = 6 C 6O< = 6&:;6&<9+ ( 3 ? P9P * ?8 6O:F6O<9+>P * 79C
8 * LM7 6b< C :
* *
C 6 8 *I6 C~8 6)( JX?C * ? +0* <( = 6 P C 6)( (<* <R6/+ = 6+G6&:;P 6 4 CG? + 79C 6 

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= <968+ 79CBD *H<96 ?gmT?  P 6 Q C 6 ?ZJ 6). 7 < . :;P C 6,(<(B6 79C 6,+ 7 <96K. E@? : D9C 6 = 6K. : _ *
*
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* * * *
P C 6)(<( * <R6,+ 8 6 = 6 4 D *:+ : ? (<(<* LM7 6 ( <9+ f <.,+<* < = 6q.&6)( = 6 7qNg?X7 + C 6)(I. :;P ( ? <9+G6,(  * *
2 6 = 6 4 D *1+: ? ( (<* LM7 6d.)* C . 798k? <9+|P ?C|8k? + 79CBD *I<96WMP ?XC 6 N 6O:FP 8 6W7.O6 < 3 6)(+ LM7 6 8 6 = 6 4 D *:+
* *
f 79C <*H6 P ?CU8 6 . :;P C 6)(<(p6 79C P 8H7 ( 7 <A6rf ? * D98 6 LM7@? <7+<*:+ 61 4 P C ZJ 6O< ? <9+ = 6 8 3 ? P9P C + = 6 #* *
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. : D97 (+0* DA8 6  D 79C .O6,+ +G6 CB? *L( <oWC.&6 C + ? *H<( ? (BP 6)./+0( 8 * 6,4 ( ?X7 . < = *:+<* <( E C ( _ = 6)( * m < * * &*
*
P 79CU7 <96+ 7ACBD *I<96\?
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8k? P 6 C f C : ? <.O6 E C ( _ = 6)( * m < = 6 8k? + 79CBD *H<96,?1 Q mT? U=9? <(Y( <
6O<(B6O: D98 6}6O<
f <.,+<* < * * *
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P 6 7AJ 6&<9+ = * h 6 4 C 6 CU= 6)( ? < m8 6)( = 3 *H<J.)* = 6&<.O6 m 6 4 : 6,4 + C * LM7 6,(  *
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8 6,( ? < m8 6,( = 6Ff 7 *1+G6 m 6 4 : 6,4 + C * Lq7 6)( : 6Ou :F6;6&< P 6 4 CB? +0* < E * * P* C ( _5= 6,(<* m <oW ( ?7 f
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*H<96,(l6&< f <./+0* <
= 6,( ? < m8 6,(   )na  6,( +  @   B rnp9_ba  np9_   

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n < ? P9P 6 8H8 6 = * h 7 (<* <k+ 7 + CG?X8 6&<9+<*L(<(p6&:;6&<9+ =A7 > 7 * = 6 =@? <J( 7 < 6,4 + ?m 6  c 6
* #*
P E 6O4 < :R6&Q <96U6,( + 6,4 + C *1+G6O:F6O<7+ 8 * 6O4 6 ? Q 8H? P 6 C f C : ? <.&6 = 6)(". :FP C 6)( (B6 79C ( P :;P 6,(  W * * *
* * *
P 79C 8 6,( LM7 6 8 ( < D +<*H6O<7+ 7 < m? *H<16O< P C 6)( (<* <[P ?C 7 <96 = 6)4 . 6 4 8 6 4 CG? +<* < = 6 8 3y6,4 . 7A8 6&:;6&<9+ * * *
=@? <( 8 3y6,4 + ?Xm 6 c 6&P 6&< =@? <9+$W.O6 CG?X8 6&<9+<*L(<(p6&:;6&<9+~6,( + 8 *H: *:+ 6U4 P ?C 8 6 = 6,4 . C . E 6O:F6O<9+ = 6 !*
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8 3y6)4 . 798 6O:F6O<9+ =97 P C 3 8  #*
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= 6,4 39<*H6^6&< f <.,+<* < = 6,( J *1+G6)( (B6,( = 3 6&<9+ C 6&4 6 6,+ = 6s( C +<*H6 = 6 8k? mC * 8I8 6 = 3 ?79D 6)(  *
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n < J 6 4 C *:3968+ 7; 79C ( 8H? = *Ih 7 ( * < =@? <( 8 6,( C 6&Po6 Q C 6,(H(B6 = 6&4 P 8k? .  ? <9+ ?ZJ 6). 8k?gmC * 8I8 6
* *
= 3 ?79D 6)(H. <J(<* = 6 4 C 6O4 6 "Π*I<(<* WYP 79C 7 < ( + ? + C W 8H?g= *Ih 7 (<* < (B6 CG? :F6,( 79C 6&4 6P ?C
8 6 * *
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CG? PAP C + = 6)( J *:+B6)( (B6)( ?D ( 8I7 6)( g 6O<9+ C 6 8k? ( C +0*H616/+ 8 3 6&<9+ C 6&4 6 =97 ( + ? + C& D 79C}7 < * * *
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C + C W 8k? = *Ih 7 ( * <K(p6 CG? :;6)( 7AC 6&4 6 P ?CU8 6 CG? PAP C + = 6)( J *:+B6)(<(p6)( C 6 ?8 +<* J 6,( ! 6&<9+ C 6 *
* #* * *
8k? ( C +0*I6U6,+ 8 3 6&<9+ C 6&4 6 =97;C + CO D 7AC .O6 = 6 C <J*H6 C W9.&6 CG? P9P C + 7 —j’”“;Š&G… †q * *
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* * *
D +B6&<* C= 6)( CB? P9P C +<( = 6~P C 6)( (<* <(lP 8I7 ( 6 4 8 6 J 6,4 ( XΠ7 ( (<* WS( 7 ( 8 3 ETS P + E 6)Q (p6 = 3y6,4 + ?Xm 6)( * *
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C 6O4 P 6,4 +<*:+<*Ifr( + 7 ( 6 4 mT?7qN@ WAP 79C~7 < CB? P9P C + = 61P C 6)(<( * <K+ + ?8 KJ 798H7 6 6,+}P 79C * * * * *
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7 < CG? P9P C + = 6"P C 6)( (<* < P ?C 6,4 + ?m 6    8 *H: *:+ 6 4 P ?XC 8k?~= * h 7 ( * <jW 8 6Y< : D9C 6 = 3y6,4 + ?Xm 6)( * *
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*
?7 + ? <9+ =@? <( 8 6)(( + ? + C ( LM7 6 =@? <( 8 6,( C + C (  2 ?bCG? *:( < 6)(+ Lq7 6 8 6 C 6O< = 6O:F6O<7+ #* * *
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= 3 7 <gP C .O6)( ( 7 ( = 6 = *Ih 7 ( * <R6)( +@+ 7 ; 79C ( P 8H7 ( f ? * D98 6 LM7 6-.O6 8I7 * = 3 7 <.P C .&6)( ( 7 ( * !* #*
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= 3 ? .). 6 4 8 6 4 CG? +0* < 7.= 6 J *:+G6,(<(p6 . <(+ ? <9+G6  Π*I<(<* Wc. :F:;6 7 <A6H+ 79CBD *H<96 ?\7 < CB? P _ *
* *
P C + = 6
P C 6)( (<* <s( 7 P 6 4 C *H6 79C ? * *
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6)(+;*I:FP (<( * D98 6
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* +* * *
= 6 mC 6 4 = 6 C 6 4 ? ./+0* < 8 C ( LM7 6 8 6)( ? < m8 6,( = 6 8 356)4 . 798 6&:;6&<9+". CBC *
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8 3 6&<9+ C 6&4 6}6/+[?[ * * *
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Q JX? P 6 79C ?w #* * *
q
L 7 X
? 
7 N 
? 8 A
= 7 ?  C * *
( + + W: ? *L( 8 6,( ? < m8 6,(@( <9+r:;6)( 7AC 6)4 (  =@? <( =  6)( = * C 6).,+<* <J( *
* *
+0* 6)( P 6,(
*
P9P ( 6O4 6)(  2 6,( ? < m8 6)( a  6,+  q( <9+ C 6,(BP 6).,+<* J 6&:;6&<9+ = 6 D W 6,+ _DSW P ?XC1CG? P9P C + *
* *
Q 8k? = * C 6)./+0* < ?”N * ?8 6  2 ?tJ *1+G6)( (B6 = 6I( C +0*I6 = 6 8k?[J? P 6 79C~?7 <* J 6 ?7\= 6)(~P ?X8 6)( =97
?,
*
( + ? + C 6)(+ g~    W : ? (OW 8k?bJ *:+G6,(<(p6wP 6 4 C * E P 6 4 C * LM7 6 = 6)( P ?8 6)( 6)( + =  CT T
*
: ? (~6,+ 8H?,J *:+G6,(<(p6 ?”N * ?8 6 g 6)(+. <J( + ? <7+B6  vR6/4 +G6 C : *H<96 r8 6d+ CG?$JX? * 8 (BP 6)4 .)*13 LM7 6 =97
#* *
C + CU= 3 7 < 6,4 + ?Xm 6 = 6 8k? + 7ACBD *I<96 
*
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2 )6 ( XJ ?8 6 79C ( = 6bP C ,6 (<( * < F : 6,( 97 C &6 4 6,(.?. * *


Q = * h 6 4 C 6O<7+<( P H* <9+0( = 3 7 < 6,4 + ?m 6 = 6K+ 79CBD I* <96
?$ST? <9+ 7 < = 6 m C 6 4 = 6 C 6 4 ? .,<+ * < * * P*
 W XW ( <9+ = <9< 6O4 6)( =@? < ( 8 6 + ?D98 6 ?7 .)* 5_ = ,6 (<( 7 (  *
* *
D C )6 (<( * <A+ + ?8 6 a D ? *
D C 6)( (<* < (+ ? +<* LM7 6 a D ?T
6&<9+ C 6&4 6q( + ? + CR9 R * *
( C +<*H6(+ ? + Cd W9D *
*
( C +0*H6(+ ? + CR9W W * * !* *
( C +0*H6 C + Cd W W

2 ? J *1+G6)( (B6eP 6 4 C *HP E 6 4 C * LM7 6 = 6)(wP ?8 6,(;6,( + =   QA : ? (OW 8k? G+ 6O:FP 6 4 CG? + 79C 6 + + ?8 6 *
= 3 6&<9+ C 6&4 6     GW W *
6,+ 8 3 ? < m8 6 = 3y6,4 . 798 6&:;6&<9+ ? Q 8k? ( *
C +0*I6 =97 ( + ? + C 6,( + *
a   D W  9x *
<A( 7 P9P ( ? <9+ LM7 6 8k? J?X8 6 7AC 6,+ 8H?,= * C 6)./+0* < = 6 * 8H?tJ *:+B6)(<(p6w?> Q 8 3 6&<9+ C 6&4 6
6,+r?1 *
Q 8H? ( C +0*H6 *
= 6 8 3y6,4 + ?Xm 6( <9+ 8 6)({: 6&u :;6)(&W = 6,4 +B6 C : *H<A6 U8 6 C 6&< = C #* LM7
= 6 8 3y6/4 + ?m 6 @c * <J(<* = 6 4 C 6 17 < mT?  P ?C f ? *1+ ?$J 6,. 5   R9F B  
6&:;

 6&<9+ *L(B6O<9 +  P* A6 
g 6,+
*
&6 4 P <(B6     WA Q

   
 

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= A< 62+ 79CpD *H<96 ?N * ?8 6 Po6 Q C 6 ?$J 6,. g . <( + ? <9+ 6,+ 8H? J *1+G6,(<(B6 ?D * * *
( 8I7 6 = 6 8 356)4 . 798 6&:;6&<9+
?wQ 8 3 6O<7+ C 6O4 6>6,+w?F *
Q 8k? ( C +<*H6 = 6 8 3y6,4 + ?m 6,6,( + =@? <( 8k?;= * C 6)./+0* < * *
?”N * ?8 6  2 6;. ,6 5 .,*H6&<9+
= 6 = 6 4 D *:+ 6)( + = 6 B  W A 2 6)( mT?  Lq7 *:+<+B6&<9+ 8 6)(dP ?8 6)( =97 *
(+ ? + Cd?ZJ 6). 7 < ? < m8 6
= 6  F  P ?XCUCG? P9P C +>?; * *
Q 8H?>= * C 6).,+<* < ?”N * ?8 6 @c~?8 . 798 6  
*
 8 6. 6,5 .,*H6&<9+ = 6. E@?Cpm 6L
* *C +0*H6 =A7RC!* + *C 

 8 6)( ? < m8 6)( C 6 8k? +0*Ifr( = 6 8 3y6)4 . 798 6O:F6O<7+>? Q 8 3 6O<7+ C 6O4 6 6/+ ?; Q 8H? (
*


  8 6 = 6 mC 6 4 = 6 C 6 4 ? .,+<* <A

*
&6 4 P <(B6 ?T @   T D@} Q Q  6,+ T Q  . U  W T

   
 

* #* *
= < 6,4 + ?m 6 = 6d+ 79CBD *H<96 ?”N * ?8 6 ( + ? + C*_ C + C )6 (+. <Y.  7b?$J 6). 7 < = 6 mC * 64 = 6 C 6 4 ? ,. +<* < *
*
  W T W 7 <-. 6/5 .)*H6O<9+ = 6 = 6 4 D *:+ B  W XR   6/+ 7 <96 J *1+G6,(<(B6 ?”N * ?X8 6 5   W W ^ B <
*
. <( + ? <9+G6 =@? <( 8 356,4 + ?m 6  2 ? J *1+G)6 ( (B6 6)(+ P 79C 6OF: 6O<7+ ?”N * ?8 6r6O< ( C <+ *H6 * =97eC #* * + CO

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 x ( +0*H:;6 18 6 + CB?ZJX? * 8 (BP 6)4 .)*13 LM7 6 = 6.&6,+ 6,4 + ?m 6 = 6+ 79CBD *I<96 *
?7 P *H<9+ = 6 = )6 ( * m <A
*

 x <K( 7 P9P ( ? <9+ 8k? : 6Ou :F6 J *1+G6,(<(B6 ?”N * ?8 6 : ? *L(|6&< C 6 4 =A7 *L( ? <9+ = 6  W 8H? J :* +B6)( (B6
#* * #* * *


= 6 C + ? +<* < =97eC + C W96)(+0*H:;6 1= 6 < 7AJ 6 ?7 8 6 + CB?ZJX? * 8 (BP 6)4 .)*13 LM7 6 

*
6O4 P <(B6 @?T GFSR;a '9?XaMm DrCD A  '9?XaMm

     

* *
= < . :;P C 6)(<(p6 79Cd?”N * ?8o= 6  6,4 + ?m 6)( ? 7 < CG? PAP C + = 6[P C 6)(<( * <A+ + ?8 6 = 6 XWAc 6 * *
* * 
. :;P C 6)(<(p6 79C"C 6.  *:+ = 6 8 3 ? * C ? Q     SW g 6,+     $? +G: x <
6)(+0*I: ? <9+ LM7 6 8 6
* #* *
C 6O< = 6&:;6&<9+YP 8 S + C P* LM7 6{6,( + = 6   WXQ P 79C . E@?XLq7 6 6,4 + ?m 6"6,+ LM7 6 8 6)(  6/4 + ?m 6,(
*
f <9+ 8 6g: 6&u :;6 + CG?$JX? * 8 W = 6,4 +G6 C : *H<96 g8 6,(8+G6O:FP 6 4 CG? + 79C 6,(b6,+ 8 6)(\P C 6)( (<* <(K+ + ?8 6,( * *
6&<9+ C 6@. E9? . 7 < = 6)( 6,4 + ?m 6)(  v 6,4 +B6 C : *H<A6  6 4 mT?X8 6&:;6&<9+ 8 6 C 6&< = 6&:;6&<9+*L(B6O<9+ C P* LM7 6 =97 #*
*
. :;P C 6)(<(p6 79CO

*
6O4 P <(B6     WXF Q

,6 4 + ?m 6   g    ? G+ : 
6O<7+ C 6O4 6  W 
6&<9+ C 6  6,+  R R9XW  FGF
6&<9+ C 6  6,+   FAXW   A$9T
*
( C +0*I6 QTqI XW

     

* &* * * *
= <t. :;P C 6,(<(B6 79C ?”N * ?8"= *:+ f 79C <* C-T Weaqm9? ( = 3 ? * C ?e Q 7 <96\P C 6)( (<* <o+ + ?8 6 = 3 ?7
* * *
: *H<( TSW W a D ?A ΠQ 8 3 6O<9+ C 6O4 6 = 6)( ?X79D  6,( = * C 6).,+ C *:.&6)(OW 8H? P C 6,(<(<* < + + ?8 6F6)(+  W W
* #*
a D ? 6,+ 8k? +B6&:;P 6 4 CB? + 79C 6+ + ?8 6~6,( +  g  QΠ.O6,+|6&< =9C *1+ 8 6,( = * ? :e6,Q + C 6,("*H<9+G6 C <96,(|6/+
* * *
6 N +G6 C <96,(Y( <9+ C 6,(BP 6)./+0* J 6&:;6&<9+ WA RT  : 6,+ WA D F : ”Œ 7 <* J 6 ?X7 =97 CG?$S <;: ZS 6O<oW
* * * *
LM7 * 6,( +H. <( + ? <9+ P 79C + 7 ( 8 6,( 6/4 + ?m 6,(&W 8 6 = 6 mC 6 4 = 6 C 6 4 ? .,+<* < 6)(+   W T WY6/+
* *
8 3 ? < m8 6 = 6 8 3y6,4 . 798 6&:;6&<9+ ?F * * * 
Q 8H? ( C +<*H6 =97 ( + ? + C 6,( +  P 79C + 7 ( 8 6)( 6/4 + ?m 6)(  2 ?
!* * #* * *
J *:+G6,(<(p6 = 6 C + ? +0* < =97;C + C 6)(+ F W W WrC 6 JJ? : *H<  v 6,4 +G6 C : *H<96 U8 6~< : D9C 6 = 3y6/4 + ?m 6)(
* * #*
* = 6O<9+0* LM7 6,( C 6 Lq7 *L(
6&< ( 7 P9P ( ? <9+ 7 < C 6O< = 6&:;6&<9+
P 8IS + C P* LM7 6   WXF Q W 7 <96
* * &* * * *
J *:+G6,(<(p6 ?N * ?8 64. <(+ ? <9+B6e6/+ 7 < O Cpa_5= <A6 _ f ? .,+ C (B6 8 < 8 6 mCB? P E 6 = 6  O 6 8H8 
*
c~?8 . 798 6  6&<( 7 *:+B6 8 61< : D9C 6 = 6 v 6  ?X8H8 6 C&

*
O6 4 P <(B6 oGW 6,4 + ? m ,6 (&W !  B !   W D F9Tq

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c 6 C + ? *I<96)( = <9< 6&4 6)( D +G6O< 7 6)(16 N P 6 4 C *I:F6O<9+ ?8 6&:;6&<9+ : <9+ C 6&<9+ LM7 6 8k?
8 *H: *:+B6 = 3 6Of _ *
*
3N. ? .)*1+ 6 4 = 3 7 < 6/4 + ?m 6 = 6. :;P C 6,(<(p6 79C ?”N * ?8 6)( + ? + +G6,*H<9+G6 8 C ( LM7 3 < ?b +* *
*
 7 <e< : D9C 6 = 6 H ? . E C 6 8k? +<*If = 6 WA D 
*
 7 < . 6,5 .,*H6&<9+ = 6 = 6 4 D *:+ = 6 WA T 
 7 < ? < m8 6 C 6 8k? +0*If = 6 8 3y6,4 . 798 6&:;6&<9+F?F *
Q 8k? ( C +0*H6 =97.C + Cd= 6     W P ?C*  #* *
*
CB? P9P C +>? Q 8k?>= * C 6,.,+<* < ?”N * ?X8 6L *
 7 < = 6 mC 6 4 = 6 C 6 4 ? .,+<* < = 6 WA T *
#*
!KC 7AJ 6 r8 3 *I<. C 6&4 :;6&<9+|: ?N *I: ?X89= 6@+B6&:;P 6 4 CB? + 7AC 6+ + ?8 6 LM7 * P 7ACBCG? *:+ 6, *
u + C 6 D +G6O< 7 * *
*
?7 <J* J 6 ?7 =97 P C 6&: *H6 C 6,4 + ?m 6 = 3 7 < . :;P C 6,(<(p6 79C{LM7 * Po6 Q C 6E( 7 ( 8 6,( . < = *:+<* <J( .)* _ * * * *
*
= 6,(<( 7 ( ?ZJ 6). 7 <96+G6O:FP 6 4 CG? + 79C 6+ + ?8 6 = 3 6&<9+ C 6&4 6 = 6 8 3 ? * C 6 4 mT?8 6[? Q  F Q Xc <( * = 6 4 C 6  *
*
7 <96 J *:+B6)( (B6 ?”N * ?8 6 . <J( + ? <7+B6? Q + CG?$J 6 C ( 8 3y6,4 + ?Xm 6 
* *
] +G6  2 6F< : D9C 6 = 6 H ? . E C 6 8H? +0* f ?e Q 8 3 6&<9+ C 6&4 6 =97 C + C 6,( + = 6,4 3@<*|P ?C     !* *
B    
* 
&6 4 P <(B6  W   g
   
  

* * *
= <-. :;P C 6,(<(p6 79C{?N * ?8 . :;P ( 6 4 = 3y6,4 + ?Xm 6)(2* = 6&<9+<* LM7 6)( ?$ST? <9+ 7 < = 6 mC 6 4 = 6 C 6 4 ? .,+<* < *
* *
  W T P (<(&6 Q = 6 7 < ? < m8 6 = 6 ( C +0*I6 = 6 8 3y6)4 . 798 6O:F6O<7+ C 6 8H? +0* f ?X7N P ?8 6)( = 6 *
*
    W   2 6I. 6,5 .)*I6&<9+ = 6 = 6 4 D *:+&W B  W T WA6,( +. <( + ? <9+UP 79C + 7 ( 8 6,( 6,4 + ?m 6,(  * * *
*
8 3 6&<9+ C 6&4 6 =97 P C 6O:6*I6 C 6,4 + ?m 6W 8H? +B6&:;P 6 4 CB? + 7AC 6+ + ?8 6[6,( +      DSF W 8k? P C 6)(<( * < *
* *
+ + ?8 6     GWA   p ~8H? P C 6)( (<* < (+ ? +<* LM7 6    F9D   p 6/+ 8k? ( 79C f ? .&6
*

? <9< 798H? * C 6 = 6
P ? (<( ?Xm 6 = 6 8 356)4 . 798 6&:;6&<9+16)(+ = 6 W 9D ^   v 6,4 +G6 C : *H<96 >8k?;J *1+G6,(<(B6
* *
 

?”N * ?X8 6U6,+ 8 6 = 6 4 D *:+  vR6/4 +G6 C : *H<96  ?X7 (<( * 8H? P 7 *L( ( ? <.O6;? Q f 79C <J* C ?tQ 8 3 ?CpD9C 6}P 79C f ? * C 6
* * C 8
f <./+0* <9<96 6I. :;P 6,(<(p6 * C 9
7 U
C @
= ? = 7 * ? *
<(E.&6,(. < *:+<* <(6&<A( P9P ( <9+ LM7 3 * 8o?  6,4 + ?Xm 6)( *
6,+ 7 < C 6&< = 6O:F6O<9+ : 6)4 . ? <* LM7 6 = 6 WAXQ QA
*
&6 4 P <(B6  g  Z  T : ? ( ^ ]  T A [aqm9? ( ! ]  _dGWA  H 

   
 :

*
= < . :FP C 6)( (B6 79C
?”N * ?8? 7 < = 6 mC 6 4 = 6 C 6 4 ? .,+<* <  WA  W 7 < . 6,5 .)*I6&<9+ = 6 * *
*
= 6 4 D *:+ B  W T 6,+ 7 <k. 6,5 .)*I6&<9+ = 6 . E@? CBm 6 @  W  9T}` * 8 3 ? < m 8 6 = 6s( C +<H* 6 *
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* * *
= 6 8 3y6,4 . 7A8 6&:;6&<9+FP 79C . E9?LM7 6 CG? < m 6&4 6 = 6 P ?X8 6)( = 6O:F6 79C 6 . <(+ ? <9+ 8 C ( LM7 6 8 6 *
* *
= 6 4 D *:+}6)(+ = *H: *H< 7 6X4 W = 6/4 +G6 C : *H<96  8 6 = 6 mC 6 4 = 6 C 6 4 ? ./+0* < = 6 8 3y6,4 + ?Xm 616,+ 8 6 . ,6 5 .)*I6&<9+
*
= 6 . E@?CBm 6 8 C ( Lq7 6 8H?J *:+B6)( (B6 ?”N * ?8 6 6)( + C 6 4 =97 *:+B6 = 6  W ? !* *
Q J *1+G6)( (B6 = 6 C + ? +0* <
* ?
. <J( + <7+B6  v [
 8 C ? 
m 8 =
6)( (<*I<96 6,(+ * < 6)( 6 *1+G6)( (B6 P J *  9
7 U
C 8 * *
6,( . < = *1+0* <( 


*
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2 )6 ( + 79CpD : ? . E *H<96,( CG?= * ?8 6)( C 6&4 P C 6)(p6&<9+G6O<7+ 8 3 7 < = 6,( = 6 7N . ? ( 8 6YP 8H7 (of C 6 4 LM7 6O<7+<(
* #* P* R*
LM7 3 < + C 7J 6 =@? <( 8 6 = : ? *H<96 = 6)(H+ 79CpD : ? . E *I<96)( {Œ 8k?.= * h 6 4 C 6&<J.&6 = 6)(;: ?”_
R*
. E *I<96)( ?N * ?8 6,(&W =@? <( 8 6)(d+ 79CpD : ? . E *H<96,( CG?X= * ?8 6)(OW 8 3y6,4 . 7A8 6&:;6&<9+ ?w8 *I6 7 =9? <( 7 < *
*
P 8H? <R< C : ?8 ?F !* * *
Q 8 3 ?”N 6 = 6 C + ? +0* <  D 7AC 8 6,( P :;P 6,( 6/+ 8 6)(@. :;P C 6,(<( 79C 6,( ( 7 f _* * *
* *
?> <9+B6)(  .O6,+ 6,4 . 798 6&:;6&<9+( 3y6/4 + ?D98 *H6
? Q P ?C +<* C= 6 8 3 6)* 8 =97bC + C|J 6 C ( 8k? P 6 4 C *IP E 6 4 C *H6XW !* *
*
+ ? < = *L( LM7 61P 79C~8 6,(+ 79CBD *I<96)(OW 8 6 > 7 * = 6rP 6&< 6/4 + C 61P ?C 8H? P 6 4 C *HP E 6 4 C *I6 6/+( C +~P ?C 8 6 *
.&6O<9+ C 6 

)g * 
 .{%10l0Y%r+.|0

* *
n < 7 +<* 8 *:(B6 8 6)(. :FP C 6)( (B6 7AC ( CB?= * ?X7N 7 .&6O<7+ C * f 79m 6)( 8 C ( LM7 3 < . E 6 C . E 6 7 < +* *
* *
CG? P9P C + = 6/P C 6)( (<* < 6 4 8 6 J 6&4 6 ?$J 6). 7 < f ? * D98 6 = 6 4 D *1+ J 8H7 :6* Lq7 6  2 ?8 *I:6*1+ ? +<* < * *
* *
=97 CB? P9P C + = 6\P C 6)(<( * < J *I6&<9+ : ? *H<9+G6O< ? <9+ = 68. <9+ CG? *I<7+B6)(>: 6)4 . ? <* Lq7 6)( 6,+ = 6)( *
*
: ? + 6 4 C * ?X7N P 8H7 + u + LM7 6 = 6 8 3y6)4 . 798 6O:F6O<7+  *
*
x (<(B6O<9+0*H6 8H8 6&:;6&<9+$W 7 <q. :;P C 6,(<(B6 79C .&6O<7+ C * f 79m 6{6)(+l. :;P ( 6&4 6 = 3 7 < C + C W = 3 7 <96* * !* *
* * v*
(B6,.,+<* < = * J 6 CBm 6O<7+B6 6,+ = 3 7 < . 8H8 6).,+B6 79C 7 /’”„ ‰y…  2 6 > 7 * = 6,6&<9+ C 6 P ?Cr8 6-.&6O<9+ C 6
#* *
=97C + Cw? P9P 6 8 6^ * * *
4 „B‡ ’Z…i‚V„ 7 (B6,.,+0* < = 3 *H< =97 .,+<* <jW{6)( + ? .). 6 4 8 6 4 C 6 4 =@? <( 8 6 C + C 6,+ #* *
8 6 Lq7 *:+<+B6
P ?C ( ? P 6 4 C *IP E 6 4 C *H6  D ?C[8H? ( 7 *1+G6Wc* 8 P ? (<(p6FP ?XC17 <96H(B6,.,+0* < = * J 6 Cpm 6&<9+G6 *
* *
7 Q 8 3 ?79m :;6&<9+ ? +0* < = 6 8k? ( 7AC f ? .O6 = 6 P ? (<( ?Xm 6 P C q=97 *:+ 7 < CB?8 6O<7+<*L( (B6&:;6&<9+ = 6 #*
*
38 56)4 . 798 6&:;6&<9+  v ? <(K.O6,+<+B6.P ?C +0*H6XW ? P9P 6 8 6 4 „H….†‚ }‰T‹Z…i‰ 8 3y6&4 <96 CBm *I6 .)*I< 6,4 +<* LM7 6g6,( +
*
+ CB? <(*f C : 6&4 616O<RP C 6)( (<* < (+ ? +<* LM7 6  *
 R


2 ? 3 m79C 6 R9  * 8I8H7 (+ C 6 !* *


7 < C + C + S *
P 6 = 3 7 < . :;P C 6,(<(B6 79C .&6O<9+ C * f 79m 6F6,+ ? Q 8H?
* *
3 m79C 6 R9 < < +G6 8 6)( = * *
C *I<.)*IP ?8 6)( x{8H8 6)( ( <9+ C 6OP 6,.,+<* J 6O:F6O<9+$W 8 6
= * ? :R6/Q + C 6d*H<f 6 4 C *I6 79C 6,+E( 7 P
*H:;6&<( * <(FP
6 4 C *I6 79C~= 6 8 3*  
6)* 8 
 6,+   W 8 6 = * ? :R6,Q + C 6 ?, *
Q 8k? ( C +0*H6 =97
#* * 
C + C  6/+ 8 3 6&P ? *:(<(p6 79CU= 6,( P ?8 6,(,?; Q 8H? *  C
( +0*H6  8

 R9  Q* + *C .&6&<9+ C *If 7Am 6

    &N    &J    &N$ 


5*
v ? < ( 7 <96H+ 7ACBD : ? . E *H<96XW 8 6;+ CG?$JX? * 8 p( P 6)4 ,. *:3 ML 7 6
6 * = 6 4 ?8 6)(+ = )6 4 . C *:+ P ?C[8 3y6 4 Lq79? +0* < *
= 3 x"7A8 6 C[

!
 5 \ Z  5  \ Z      r R9 
c 6,+ +G6 6N P *
C ,6 (<( * R
< P 6 7 + 6/u + C 6 6 N P C *I: 6O4 6 = I* h 6 4 C 6O:F:;6&<9+>?
*
Q 8 3 ? * = 6 = 6 8k?>C 6 k8 ? <+ * <K+ C * _
* *
m < : 6/4 + C *
* LM7 6 = )6 (. (<*I< 7 ( ? PAP 8 * Lq7 6&4 6 ?7 + C * ? < m8 6 = 6 J *1+G6)( (B6,( 

 g 5/j  <a   !
  Z   Z 
g


*
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 R9 v *I:F6O<(<* <( = 3 7 < C + C &. 6O<9+ C * f 79m 6 #* *
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n < J *1+ Lq7 6 =9? <( 8 6 . :;P C 6,(<(B6 79C .&6&<9+ C *If 7Am 6W 8 6 + CB?ZJX? * 8 6,( +eP C *I<.)*IP ?8 6&:;6&<9+
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8 *I6 7 P ?C~8 6 CG?8 6&<9+0*:(<(B6O:F6O<9+ = 6 8k?tJ *1+G6)( (B6 C 6 8k? +<* J 6  2 ?,J *:+B6)( (B6 ?D ( 8H7 6 C 6)( 798 + ? <9+G6 *
6)(+H+ C 6,Q ( 6 4 8 6 J 6&4 6 ?. * * *
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2 ? J *1+G6)( (B6 = 6 8 3y6,4 . 7A8 6&:;6&<9+ ? Q 8k? ( C +<*H6 =97 C + Cl= 3 7 <H. :;P C 6,(<(p6 79Cd 7 = 3 7 <96 * !* * * *
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P :FP 6E.&6O<9+ C * f 79m 6  6)( + 6 4 8 6 J 6O4 6W9.&6 LM7 *N(p6E+ CB?=97 *1+{P ?C{7 <A6~f C :;6 6&4 < 6 4 CBm 6,4 +0* LM7 6}< < * *
* *
J 7A8H7 6FP 7 *L( LM7 6 8 3 D; 6,.,+<*If~6,( + 8 3 ?79m :;6&<9+ ? +0* < = 6 8 3y6&4 <96 CBm *I6 = 6wP C 6)(<( * </6,+>P ? ( * *
* * *
8 3y6&4 <96 CBm *I6;.)*I< 6,4 +<* LM7 6 oΠ8 C (OWjP 79C . < J 6 C +0* C17 <96
P ?C +<*H6 = 6 8 3y6&4 <96 CBm *I6;.)*I< 6,4 +<* LM7 6 ? Q
* * *
8k? ( C +0*H6@( 7 ( 8k? f C :;6 = 6 P C 6,(<(<* <oW 8 3y6)4 . 798 6O:F6O<7+ 6)(+ CG?8 6&<9+0*{?, *
Q 8 3 ? * = 6 = 3 CBmT? <A6)( * *
? P9P 6 8I8 6&4 6,( = *Ih 7 (p6 79C (  n < = *L( +<*H< m7 6 = 6 7qN + S P 6)( 

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    :F  

     F   F  


  K
= < = * h 7 (<(B6 79C ( ? <( ? * 8 6,+ +G6,(t6,( + ( *H:;P 8 6O:F6O<7+ *
7 9< 68. < =97 *:+G6 ? <9< 798H? * C *
6wP 79C
*
8k?XLq7 6 8H8 6 < 7 +0* 8 *:(B6 8 6dP C *
H* <J.)*HP 6 = 6. <(B6 CpJX? +0* < = * *
6 8 3 *H:;P 798 ( * < ? < m798H? * C 6 ? 3@< = 6
= *I:6*I< 7 6 C 8H?FJ *:+B6)(<(p6 = 6 *
8 3y6)4 . 798 6O:F6O<9+16,+ ? *I<(<*Kf ? * C 6 ?79m :F6O<7+B6 Cr8H? P C 6,(<( * * < ox <
*
6Oh 6,+&Wc. :F:;6 =@? <( 8 6 = * h 7 (B6 7AC1?7 . 7 < + CB?ZJX? * 8 < *
3 6,( +rf ? *1+$W 8 6 . 7 P 8 6;(p6 CB? < 7A8 6&<
P C 6&: * 6 Q C 6 ? P9P C $N *I: ? +0*!* * < 9c 3 6)(+ _ ?”Q _5= * C 6 


 ^ ]  h g~ \  g~ \ 
  
W
&*
= <J.W  g \  
 5,j _ < np9_PnT
` * 8 6)(I*H< = :* .&6,(  6,+  *H< = * LM7 6&<9+ 8 3 6O<7+ C 6O4 6 6,+ H8 ? ( C +0*I6 =97 C + C ,6 + ML 7 6 8 3 I* < = *L.O6  * #* *
* *
= 6O4 < +G6 7 <eP *H<9+ =@? <J( 8 6 = *Ih 7 (p6 79C W <P 6 7 + )6 4 . C * C 6  *
 g \
 
   g~ \    g  \   g \   rR9 
= 3 7Q *  
g \  g \
  ~
*
v 6 P H8 7 O( W 8 6 P C *I<.)*IP 6 = 6 . <(p6 *C J? +0* < = 6 k8 ? : ? (<(B6tP 6 C ; *
: 6,+ = 3y,6 4 + ?XD98 * Cd8 3y6 4 LM7@? +0* < *
( 7 * JX? <9+G[ * *
6 P 79CU7 < CG?$S < LM7 6 8 . < LM7 6  *
^ ]  e  gi    8 e 
g i
* 7Q 8 WN*H< = * LM7 6 8k? 8H?CBm 6 79C~=97e= * h 7 (p6 79CO v * <.XW
  8  e h gi
gi   8e

x < m 6O4 < 6 4 CB?8 g \


 gi W = < . &* g    
  /6 +
P
*
?C . <( 6 4 Lq7 6&<9+$WY* 8 f ?7 + 7 <
mCB? < = CG? P9P C +  * 
*
P 79C 6ihj6,.,+ 7 6 C7
g 
~
* *
<96 = *Ih 7 (<* < H* :;P C + ? <9+G6 Ž *I< ?8 6O:F6O<9+ < *
!*
? ; 7 +G6 Lq7 6 P 79C"7  <

* *
6,4 . 798 6&:;6&<9+*H<. * :FP C 6)( (<* D98 6 e ./+G6 |8 3 ? < m8 6 = * h 7 (p6 79C P 6 7 +
4 P ?CU8 6
6,u + C 6. ?X8 . 7A8 61 CG? PAP C + *
g \
~ np9_ba  
g~ i
* *
c )6 ( = * h 7 p( 6 97 C (( <9+ J 8I7 : *H<96 7N : ? L* ( 8 6 7AC . 7 u }
+ 6,( + ?$J? 7< + ? m 6 7N  *
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    F      !K 
 *
H* 6O< LM7 6wP 6 7 . 7 +B6 7N W 8 6 = *Ih 7 (B6 79C ( ? <( ? * 8 6/+<+B6)( 7 +0* 8 *L(p6 7 < 6,(BP ? .O6 CG?X= * ?8
* * o* * * * *
*H:;P C + ? <7+lP 7AC D +G6O<* C{8H?r= *Ih 7 ( * < J 798H7 6 TΠ8 C (OW (<* 8H?rC 6 4 =97 .,+<* < = 3 6)(pP ? .O6 6,( +
;p79m 6H * * *
4 *H:;P C + ? <9+G6W <^P 7ACBCG?b7 +<* 8 *L(B6 Cr= 6,( ? * 8 6/+<+G6,( =@? <J( 8 6 = *Ih 7 (B6 79C& x ( (B6&<9+<*H6 8s_
*
8 6O:F6O<7+.O6+ S P 6 = 6 = *Ih 7 (B6 79C 6)(+I. <(+0*:+ 7 6 4 = 3 7 <96q. 7AC <9<A6 7 * #* * *
Q 8 3 < = *L(BP (p6 = 6)( *
4 #* 2
? * 8 6,+ +G6)(UP C 3 8 6&6,(  ? 3 m79C 6 RA  * 8I8H7 (+ C 6 .&6 m 6O< C 6 = 6 = * h 7 (p6 79CO

   R9 A v *Ih 7 ( (B6 7AC

? Q ? * 8 /6 +<+G6,(

* *
2 6,( ? * 8 6,+ +G6)("f C .&6&<9+ 8 3y6,4 . 798 6&:;6&<9+t?t
Q = * J 6 CBm 6 C P 8I7 ( CB? P* = 6&:;6&<9+ LM7 3 * 8 <96 8 3 ?7q_
CG? *1+Uf ? *:+ 8 * DAC 6&:;6&<9+ c 6).,*l. < =97 *:+ ?; * Q 7 < ? PAP ?C 6,* 8 P 8H7 (}P 6,+0*1+ ?$J 6). 7 < C 6&< = 6&:;6&<9+
( 7 P 6 4 C *I6 79Ce?7 = * h 7 (p6 79C ( ? <( ? * 8 6,+ +G6)( Ž * mAA T W: ? *L( 8k? P 8k?Xm 6 = 3 P 6 4 CG? +<* < ? Q * *
#*
E@?7 + C 6&< = 6&:;6&<9+16,( +1P 8I7 ( C 6)( + C 6,*H<9+G6>P 7 *L( Lq7 6 8 6 = 6)4 . C . E 6&:;6&<9+(B6 P C q=97 *:+ P 8I7 ( #*
* * * &* * * *
+ u +tP 79C = 6)(,f ? * D98 6)( = 6 4 D *:+0( Ž * m9 A Ti Œ 7 + C 6&:;6&<9+ = *1+$W < = *:+q. <9+ C”u 8 6 C ( 7_
* * *
.)*I6 7 (p6&:;6&<9+ 8H?>= *Ih 7 ( * <bP 79C 6&:;P 6,u . E 6 Cd8 6,(UP 6 C +G6,(}P ?C}= 6)4 . 8H8 6&:;6&<9+}: ? (<( *If 
* * *
] C : ?X8 6&:;6&<9+&W 8 6 < : D9C 6 = 3 ? * 8 6,+<+B6)(U6,( +dP 8H7 (~f ? * D98 6 LM7 6 8 61< : D9C 6 = 6[P ?8 6,( =97
#* * * * * * * !*
C + C& 2 ? f C :F6 = 6)( ? * 8I8 6/+G6)( 6)( + JX?C * 6&4 6XW9P ?C . <9+ C 6W < . <J(B6 C*J 6 CG? + 7; 7AC ( 7 <
R* #* * * *
6)(pP ? .&6 8 * D9C 6
6&<9+ C 6 8 6 D 7 + =97 C + C 6,+ 8 6,( ? * 8 6/+<+G6,(  2 6)( f <./+0* <( = 6 8 3 6,(BP ? .&6
*8 * D9C 6 ( <9+ : 798 +<*HP 8 6)( 
 * *
6 4 =97 * C 6 8 6)( mCG?X= *H6O<7+<( = 6 P C 6,(<(<* < (B6 8 < ) 
* *
 = <J*If C :6*:(B6 C 8 3y6)4 . 798 6O:F6O<7+ 
 *
6 4 =97 * C 6 8 61< : D9C 6 = 6 H ? . Eg?XCBC * JX? <9+( 79C}8 6)( ? * 8 6,+ +G6)( 

 
 
 K
2 e * &* * *
? J 8I7 +G6 = :* + . 8H8 6,.,+B6 C,8 6 > 7 * = 6 ? Q 8k? ( C +0*I6 9= 7 = *Ih 7 B( 6 79C P 79Ct8 6 = * C * m 6 C *
*
J 6 C ( 8k? ( C +<*H6  v ? < ( 8Hw * * * !*
? J 8I7 +G6XW < ? + 7 ; 79C (&Wo6O< P C O6 :6* 6 Q C 6 ? 9P P C ZN *I: ? +<* j
< W 8H? !* *
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    :F  

* * *
. <(B6 CpJX? +0* < = 6 8 3 *H:;P 798 (<* < ? < m798k? * C 6 rR9  

 g \  5/j _ < np9_Vn  

*8H7 +B6
 RA D

*
` * k8 ? P C 6)(<( * ^ 7 <*If *C :F6;+ *7 + ?7 + * 79C[=97^C#* + *C W 8 6 = 6 4 D 1* +(B6 CG?R= *L( + C * D97 6 4
* +*
< 6)(+
= 61f ? .  < 6 4 mT?8 6 (B6 8 < 

   
)

rR9 

* 7 Q   = 6 4 D *1+ + * + ?8 6/+  6,( + 8 6 = 6 4 D *:+ Lq7 *lP ? ( (B6 P ?C 8k? P 6 4 C *IP E 6 4 C *H6 =97.C#* + *C
Q 7 <A6(p6).,+<* * <
= 6,4 . C *1+G6|P ?C 8 3 ? < m8 6 ) +G6 8MLM7 3 * 8I8H7 (+ C 6"4 ( 79CY8H? 3 m79C 6 R9 D v>3 ?7 + C 6"P ?C +&W9?d
) =&* <A< 6&4 6 8 6 = 6 4 D *:+ = *Ih 6 4 C 6O<9+0*H6 8 6)(+ = 6)4 . C *:+}P ?XC P ?C1

   8 gi       8  

Œ 8* C ( * < ?b

     8
  
rR9 ZT

2 * C ( LM7 6 8k? f * C :;6 = 6 8k? J * 8H7 +G6"6)(+ =P* <9< 6O4 6 8  8
B W)+B6 8TLM7 3 * 8I8H7 (+ C 6"4 ( 79C 8k? 3 m79C 6
AXF W 8 6,( 6 4 LM7@? +0* * <( rR9  6,+ R9 ZTU=&* <9<A6&<9+ 8k? + ? * 8H8 6 = 6 8H?
J * 8H7 +G6W   
) B
P * 79C + * 7 +  ?
Q 8H? (B6)./+0* * < J* 798I7 6 ƒ

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4

        
*
= 9< 68. ?CG? .,+ 6 4 C *:( +0* LM7 6FP ?C +<*L. 7A8 * 6 Q C 6 = 6,(-. :FP C 6)( (B6 7AC (>6,( + 8 3 ? P9P ?C *:+0* < = 3 7 <96 *
*
P 8k?Xm 6 = 3 P 6 4 CG? +<* < 7. * * * * *
Q 8 3y6,4 . 798 6&:;6&<9+ = 6 J *H6&<9+ ( .)* 8I8k? + * C 6  c 6/+<+G6H*I<( + ?D * 8 *:+ 6 4 J * ”_ *
* *
8 6O<7+B6 =@? <( 8H?LM7 6 8I8 6 8 3y6,4 . 7A8 6&:;6&<9+{6,( + C 6&< J 6 C ( 6 4 C 6Of 798 6&:;6&<9+  6,+Y(B6 C 6 =9C 6)(<(p6 ?ZJ 6).
*
7 <96,f C 6 4 LM7 6O<.&6 = 6 LM7 6 8ILq7 6)(. S . 8 6)( P ?C (p6). < = 6 C 6.  *:+ 8 6,< : = 6"$@’”“ $AˆZ€q…  c 6 * *
*
P E 6O4 < :R6&Q <96"6)(+ ? +<+ C * DA7 6 4 ?U * * * *
Q = 6)(>. < = *1+0* <( = 3 P 6 4 CG? +<* <[6&< C 6 4 m *I:F6 = 6 = 6)4 . 8H8 6O:F6O<9+ *
*
= 6,( f ? * D98 6,( = 6 4 D *1+0(  .&6 Lq7 *6O<7+ CG? *I<96 7 <96tf C +G6 . Eq7 +G6 = 6tP C 6,(<( * < =9? <( 8 6 . : _ * *
P C 6,(<(p6 79COUc 6,+ +G6 . Eq7 +G6 < 3 6,( +\P ? (4( 7 * J *H6 ?^ Q 8k? : 6Ou :F6 J *:+B6)(<(p6 P ?XC;8 6 ( S +$6&Q :;6 .&6
* *
LM7 *d? Q ( < + 7AC 6&< m 6&< =AC 6 7 < C 6 J * C 6&:;6&<9+ = 6 8 3y6)4 . 798 6O:F6O<7+ J 6 C ( 8k?  <96 = 6>P 8I7 ( * :*
* *
f ? * DA8 6 P C 6)( (<* < =@? <( 8 6 . :;P C 6)(<(p6 79CO D ?CU8H? ( 7 *:+G6XW 8H? P C 6,(<(<* < =@? <( 8 6 ( S (+$6&Q :;6 *
*
= 6 J *I6&<9+~P 8I7 ("f ? * D98 6 Lq7 6 =@? <J( 8 6@. :FP C 6)( (B6 79C 6/+ 8 356)4 . 798 6&:;6&<9+ . E@? < m 6 6&<. C 6 = 6 * *
* * *
= * C 6)./+0* <>6,+ ? *H<( * 8 6. S . 8 6E. <9+0*I< 7 6  D 79C . E@?XLq7 6 J *1+G6,(<(B6 = 6 C + ? +0* <oW <-+ C 7J 6 #* * * #*
*
7 <^P *I<9+ = 3 *H<(+ ?D * 8 *1+ 6, !* * *
4 6/+ 8k?"; <./+0* < = 6 + 7 (q.O6)([P *H<9+0( 6/4 + ?DA8 *H6 7 <96 f C <9+<* 6 Q C 6 * #*
? P9P 6 8 6&4 6 8k? „ ‚ €—j…t†q… $@’”“ $AˆZ€q… 

Pression

1
2

*
Débit massique
 R9 F cS . 8 6 = 6[P :FP ? m 6

)g   
 /%10 }% {"!T+
%10

2 ,6 ( P ; * * *
: P 6)( .&6O<9+ C * f 79m 6,(of <.,+<* <A<96&<9+ = 3 7 9< 6": ? <* 6 Q C 62( *H: * 8H? * C 6 ?X7N . :FP C 6)( _ *
*
(B6 79C ( CB?= * ?X7 N @c 6&P 6&< =@? <9+$W9P 79C .&6,(U: ? . E *H<9,6 ( 8 3y6&4 <96 CBm *I6I(pP 6)4 .,*:3 LM7 6 = <9< 6&4 61P ?C &*
* *
8 3y6 4 LM7@? +<* < = 3 x{798 6 C ( 3 6 N P C *H:;6tP 8H7 + u + P ?C 7 <*:+ 6 4 = 6tP * = ( ?7g8 *H6 7R= 3 7 <96 6&4 <96 CBm *I6 *
‘ ‰q&Ši’”“;ˆq•–q‚V—j…‹
     KG 

P ? CY7 <*:+ 6 4 = 6U: ? (<(p6  v 6.O6,+<+B6Uf ? .  < ; * *


< P ?CB8 6 = 3 7 <96r–Aˆ‰ 5…i‰q †q… • –Aˆ €q…p’”‰ …( y…
*
: 6&<( * <J( = 3 7 <96 = *:( + ? <.&6 9ΠI* <(<* WP 79CU8 6)(
P 7 *:( LM7 6.O6,+<+B6 J?XC * ?XD98 6dP (<(&6 Q = 6 8 6,( = *H; * *
* *
P :FP 6)( 8 3y6 4 LM7@? +0* < = 3 x{798 6 C 6,( +@.&6 8H8 6 = 9< < 6O4 6tP ?C XFT W( *1+  &* *
g~ \ Z  g  \ Z  

  
n b *
< P 6 7 + C 6&: ?CBLM7 6 C~LM7 6 8k? + 6,u +B6 * = 6 4 ?8 6 P 79C~7 <961P :;P 6XW = 6)4 . C *:+B6rP ?C~8 3 E9?7 +G6 79C


*
* +*
= 6 8k? . 8 <A<96 = 6 8 * LM7 * = 6Wl—j…;† …G $@…i— †?$Aˆ”‹ =97 + S P 6 = 66> 7 * = 6
P 7 *L( LM7 6 8H? : ? ( (B6
*
J 8H7 : * LM7 61< 3 *H<9+B6 CpJ *I6&<9+}P ? ( =@? <J(@.O6,+<+B6 6 4 LM7@? +<* <  *
* * *
v 6 8k? :R6OQ :F6 f ? .  < Lq7 6wP 79C[7 <o. :;P C 6,(<(B6 79C .O6&<9+ C *If 79m 6W </P 6 7 +-. <(<* = 6 4 C 6 C * *
*
LM7 6 8 3y6,4 . 7A8 6&:;6&<9+b? *
Q 8 3 6&<9+ C 6&4 6 = 6 8H? P :;P 6
< 3 ? P ? ( = 6;P C  6 4 C + ? +<* <oW 7 6&<J. C 6W #* * * *
*
LM7 6 8k?eJ *1+G6,(<(B6 ?XD ( 8I7 6w6,( + CB?= * ?X8 6.?g Q 8 3 6&<9+ C 6&4 6 a   Q W 6/+ g  \  WiYΠ*H<( *
* *
8 356 4 LM7@? +0* < = 3 x{798 6 C P 79CU8 6,(}P :;P 6)( = 6 J *I6&<9+  *

   g~ \ Z  rR9  RM

*
v ? <(.O6,+<+B6tf : 798 6 8 3 *H< = *L.O6  *H< = * LM7 6 k8 ? ( C +0*I6 =97 C + C 6/+ LM7 6 g~ \ H* < = * LM7 6 8k? * 

!* *
!* * * *
P C ; 6)./+0* < = 6 k8 ?J *:+G,6 (<(p6 ?D ( 8H7 68(p6 8 < k8 ? = * C 6,.,+<* < = 6 8k?J *1+G6,(<(B6bP 6 4 C * E 6 4 C * LM7 6 *
*
Z   2 ? 3 m79C 6 RA Q : 9< + C 6 8 3 ?8I8H79C 6 = 3 7 < C + CU= 6[P :FP 6&. 6O<9+ C * f 79m 6  #* * *

 R9XQA Q* + *CU= 6[P * :FP 6.&6O<7+ C * f 79m 6


E  $t "&N c   &' 7N&%d      $&    q
&   cN
*
2{3y6 4 Lq79? 0+ * < R9  MR  < * * *
3 6,( + P ? ( . :;: q= 6lP 79Co8 6)( . ?8 . 97 8 (oP 7 L* ( Lq7 3 6 8H8 6Y<96Y. 9< +0*I6&<9+ *
P ? ( 8 6 = 6 4 D 1* + J I8 7 : 6/4 + C * * LM7 6  *
,6 +;< < P I8 7 ( ?7 . 7 <96 = 9< < 6O4 6 m 6 4 : 6/4 + C * LM7 6  D ?C P* *
I … €Z€‚ ’KJ ‘ L…G $Aˆ—@‚ …i
'

* * *
. J< ( 6 4 LM7 6O<9+$W < + CG? <(*f C :;6.&6/+<+G6 * *
6 4 LM7@? 0+ * < = 6q( C G+ 6 LM7 6 &. 6)(dP ?CB? :R6,Q + C 6)((B6 C 6 _
!*
+ C 7AJ 6O<9+ 6 N P 8 *L.)*1+G6O:F6O<7+ =@? <J( = 6)( *
f C : 97 8 ,6 ( ? < ?8IS +0* ML 7 )6 (  QΠP ?C +<* C =97 + C * ? < m8 6
*
= 6 J *:+G6,(<(p6? Q 8k? ( C +<*H6 =97eC + C < #* * * ?b

g~ \  Z  !  \  Z  g~ i np9_   RAICT


*
6,+ 8 3 6 N P C 6)( (<* < rR9I)RM = 6 J *I6&<9+ 
Z  gi np9_    Z 

   RAI 

* * * *


` * < ? 9P P 8 * ML 7 6l: ? *I<7+B6&< ? <7+ 8H?U= ,6 4 3@<J*:+0* < 9= 7 = 6 4 D :* + J 8I7 : 6,4 + C * LM7 6XW <[P 6 7 + 6)4 . C * C 6 

   8  g~ i *


* *
7 Q 8  I* < = * ML 7 6 8 3 &6 P ? *L(<(p6 79CK= 6 8 3 ?79D 6 ? Q 8H? ( C <+ *H6 =97>C + CO”Œ 8 C &( W 8 356 4 LM7@? 0+ * < RAI RT #* * +* *
= 6 J *I6&<9+ 

Z  
   
Z    

 np9_   RAICD
 8 
v 6U: ? <* 6 Q C 6UP 8I7 ( 7 <* J 6 C (B6 8H8 6XW ?$J 6,. 8 3 *I<7+ C q=97 ./+0*


#* * *
< =97 . 6,5 .)*I6&<9+ = 6. E@?CBm 6d* = 6 4 ?X8

*
@  
   B Z  6/+ A= 7 . 6/56.,*H6O<7+ = 6 = 6 4 D *:+ g~ i B Z  6 8H8 6( 3 6 N P C *H:;6 

@
    yd B  np9_    RAIGF

c 6,+ +G6 * #*
6 4 LM7@? +0* <^P 6 C :;6,+ = 6 C 6 m?CB= 6 C + C *:(. ? (+ S P* LM7 6,( = 6 8k? . E@?Cpm 6 ?X= *H:;6&< _
* *
8 = 6 8k? P :;P 6d.&6O<9+ C * f 79m 6@* = 6 4 ?8 6d6&< C 6 8H? +0* < ?$J 6). 8 6 = 6 4 D *:+ ?= *H:;6&<J(<* <9<96 8 * *
(<* <9<96
6,+ 8 3 ? < *
m8 6 = 6( C +<*H6 
!* P*
 (<*    W W* 8 ( 3 ?m *:+ = 3 7 <96 =9C *:+B6 = <9+ 8k? P 6O<7+B6r6)(+U< 6 4 mT? +0* J 6 *H<. 8 *I< 6&4 6 J 6 C (
8 6 D9? (  6,+ @
   = *H: *H< 7 6 ?ZJ 6). B 
#*
 (<*    W WV* 8 ( 3 ?m *1+ = 3 7 <96 =AC *1+G6 ?ZS? <9+ 7 <96,P 6O<7+B6>< 798H8 6 =9C *1+G6 P ?CB?8H8 6 Q 8 6 #*
? Q 8 3 ?”N 6 = 6)(  6,+ @
  j<96 = 6&4 P 6&< = P ? ( = 6 B 
!* &*
 (<*    W WJ* 8 ( 3 ?Xm *:+ = 3 7 <A6 =9C *:+B6 = <9+ 8k? P 6&<9+B6 6,( +dP (<*1+0* J 6 *I<. 8 *H< 6O4 6 J 6 C ( *
8 6 E9?7 +  6/+.@
   ?79m :F6O<7+B6 ?ZJ 6). B 
n < *
. <( + ? +G6 LM7 3 7 < ?79D 6 . 79CpD 6t *
4 6O< ?$JX? <9+   WT 6)(+I+ E 6 4 C * LM7 6&:;6&<9+ 8 6[P 8I7 ( *
?$J? * 
<7+ ?m 6 7N W P 7 *L( LM7 6 P 79C17 < : 6Ou :F6 = 6 4 D *1+ < D +<*H6O<7+ 8 3 E@?7 +B6 79C1= 6 . E9?CBm 6 8H? * *
P 8H7 *
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? P 8k? <  v ? <(I.O6)( = 6 7N : ? . E *H<96,(&W 7 <96tP ?C +<*H6 = 6 8 3y6O4 <96 Cpm *H6q.)*I< 6,4 +<* LM7 6 6)( + ?7 (<( *
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6&< `7 *:(<(p6 9=58 ( 3 ?m *:+ = 3 7 <96 JX?C * ? <9+G6 = 6 8k? + 79CBD *I<96 ? P 8H? < ?$ST? <9+ 8 6,(2. :;P ( ? <9+B6)( * *
6 4 8 6).,+ C * Lq7 6)(>?; Q 8 3 *I<9+ 6 4 C *H6 79C~= 6 8k? P ?C +<*H6*H:;:;6 CBm 6 4 
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P 6 8H8 6 „ ˆbŠ ˆq •–@…r‹G$ ‚Vpˆ„H…iW9P 79Cd? (<( 79C 6 C 7 <A6 = *:( + C * DA7 +0* < 7 <* f C :;6 = 6 8 3 6 ?7 ( 7ACd8H? *
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E. @? <9+ = 6 8 3 * C 6O< c~?8 *If *C <*H6XW ? . * <Y.  7\7 <96 C#*7 6 ?$J 6,. = 6,(. 7 * 8I8 6 Q C 6)("P 6 4 C *HP E 6 4 C * LM7 6)(OW
LM7 6 8 3 * < ? PAP 6 8H8 6 ?X79m 6,+<(&W P *79C[7 +0* 8 *:(B6 C18 3y6O4 <96 Cpm *H6 .,*H< 6/4 +0* Lq7 6FP C!*ZJ 6&< ? <9+ = 3 7 < ; 6/+
= 3 6 ?7 ( * C + ? <9+ = 3 7 < + 7AS?7o D ?C ( ? ( + CB7 ./+ 79C 6W 8H? + 79CpD *H<96 D 6 8 + * </6,( + ?8+*C ( 7 <96
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PJ+<*H: ?8 6r6O<9+ C 6 8k?,J *1+G6)( (B6 = 6 C + ? +0* < = 6 8k? C 7 6  6,+ 8H? J *1+G6)( (B6 =97?; 6,+ #*  *
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6)(+[: ?N *I: ?X8 6 P 7AC     W WP. 3 6)(+ _ ?Q _5= * C 6 P 79Cr7 <  6,4 . 798 6&:;6&<9++ ? < m 6&<9+<*H6 8 ?b

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C 7 6  ! 7 +G6Of *L(&W 6&< P CB? +0* Lq7 6 < 7 +0* 8 *:(B6     CT W P 79C 6 4 J *1+G6 C\8 6RP C DA8 6&Q :;6 * #*
= 3 *H<9+G6 C f 6 4 C 6&<J.&6[6&<9+ C 6 8 6,( ; 6,+0(U6O<9+ CG? <7+<(}6,+( C + ? <7+<( n < C 6O: ?XCBLM7 6 LM7 6 8 3 ? < m8 6    *
6)(+1:;6)( 7AC 6 4 P ?C CG? P9P C +F?\ * *
Q 8k?F= * C 6).,+<* < + ? < m 6&<9+0*I6 8I8 6 ?X7.8 *H6 7 = 6 8 6,:;6)( 79C 6 C P ?C
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2 6 C 6&< = 6&:;6&<9+ ETSq=9CG?X798 * Lq7 6d+ E 6 4 C * LM7 6 = 6 8k? + 79CpD *H<96 D 6 8 + <w6,( + 7 <96}f <.,+<* < = 6 * * *
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J *:+B6)(<(p6 =97.; 6,+ Xx <>6Oh 6,+&WX6O<;( 7 P9P ( ? <9+ = 6,(YP 6 C +G6)(Y< 6 4 m8 * m 6 ?D98 6)( =@? <( 8 6,( . < =97 *1+0( *
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c 6,+ +G6U: ? . E *H<A6 =&* *1+2( * < < * : ? Q '? :;6)(  Ž@CG? <.,*L( *GFAGT_GF QT ? < m8H? *L( = 3 *C * _
m *I<96W LM7 *1? Q P * 79C ( 7 * J *H6 ( ? . ?CpC * 6 Q C 6 ?7N x 4 + ? +<( = <*L(t6&< ? PAP *C + ? <9+ = 6)(,: *q= *:3 _
. ? +0* * <(6*I:FP * C + ? <9+G6,( ?7N + CB?ZJX?7qN= 6  * 6,O = yGF F 6/+  *ZSq= 6O<  2 ? + 79CBD *I<96
Ž@CG? <J.)*L( 6)( + 7 <96+ 79CpDR* : ? . E *I<96>“ ‚9 5…6,+ ˆF  L…& ˆq•( ‚ ’”— =9? <( 8k?XLq7 6 8H8 6 8 3y6,4 . *798 6&:;6&<9+
P 6O4 < 6,Q + C 6 CG?= * ?8 6O:F6O<9+"P ?C"8k? P 6 4 C *HP E 6 4 C *H6d6,+ ( * C + P ?C"8 6.&6O<7+ C 6 9c 6/+<+G6d: ? . E *H<A6d6,( +

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 W : ~? *H<( * LM7 6 = 6)( mCG? < = 6)(. EM7 +G6,( `T W W : ~?$J 6,. = 6)( = 6 4 D *1+0(d6&<9+ C 6  W 6/+ SW W
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^  B <  2 ? P 8k?m 6 P 79C 8H? /Z‚ 5…‹‹Z… ‹G$?…Z •i‚ & E&‰@…1ˆT†‚V“w…i—A‹i‚ ’”—@—j…i„V„H… = 6)(+ 79CpD *H<96,( Ž@CG? < _
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2 ? 3 m7AC 6 R9  * 8H8I7 ( + C 6 8 6)( P C *H<J.)*HP ?8 6,( . :;P ( ? <9+G6,( = 3 7 <96o+ 79CBD *H<96 ŽCB? <.,*L( 
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2{3 6 ?7 6,( + = *:( + C * D97 6&4 6 7 <* f C : 6&4 :;6&<9+ ( 79C
8k? .)* C . <Af 6 4 C 6&<.O6 = 6 8H?gC 7 6P ?XC 7 <96
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D ?C[8H? ( 7 *:+B6W 8 3y6,4 . 798 6&:;6&<9+[P ? ( (B6;P ?C17 <A66( 6 4 C *I6 = 3 ?X79D 6,( C *I6&<9+ ?DA8 6)((p6 C*J? <7+? Q
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= 6&: ? < = 6 JX?C *I6 qc 6 7NM_ .)* C 6q.  * J 6&<9+ 8 6}< : = 3 ˆ‰9Ši…‹1†‚VG…•( ƒ‚ •…‹  2{3 6 ?7\LM7 *1+<+B6@.O6)(
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6 4 8 6&4 :;6&<9+0(rP ? (<(p6 P ?C 8 6 C + C 7 6 8H8 6q.6 Q = 6 = 6 8 3y6O4 <96 Cpm *H6t6,+@3@< ?8 6&:;6&<9+rP ? (<(B6 P ?C
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2{3 ? (pP* CB? +G6 79C 6)(+ 7 <96H. * < =97 *:+B6 ? Q (B6)./+0* * < J?XC * ?XD98 6 Lq7 *{6)( + P ?XC +0*I6;*H<9+ 6 4 mCB?8 6 = 6)(
: ? . E *H<96,( ETS=ACG?798 * LM7 6,(/? Q C 6 4 ? .,+0* * < ?$ST? <9+e6)( (B6O<7+<*H6 8H8 :;6&<9+ = 6 7N f * <.,+<* * <(  2 ?
P C 6O:6* 6 Q C 6;6,( + .&6 8H8 6 = 6FP 6 C :F6/+<+ C 6 8 3 *H<(+ ?8I8k? +<* * < = 6 8H? + 79CpD *H<96H( 79Ct8 6
<* J 6 ?7^= 6
= 6)4 . E9?CBm 6XW7( ? <(|P *79C + ? <9+|P 6 CB=9C 6 8 3y6O4 <96 Cpm *H6 = *L(BP * <* D98 6 =@? <( 8 3 E@?7 +G6 7AC|= 6d. E9?CBm 6 
c 6).,*T6)( + *D +G6&< 7 6 mC? u .&6 ?U7 <A6". * :;P 6O<( ? +0* * <1P ?C 7 <96"P C 6)( (<(<* * < C 6 4 =A7 *:+B6 ?~ Q 8 3 6&<9+ C 6&4 6
=97b= * h 7 (p6 79CO 2 ?,= 6 7N * 6OQ :F6 f * <.,+<* * <F6)(+.&6 8H8 6 = 6 = *H: *H< 7 6 C|8 6,( P 6 C +G6)( ?7 : * S 6&<
= 3 7 <96 + CB? <( *:+0* * < mCG?=97 6 8H8 6 = 6 8k? (p6).,+<* * < =A7 = *Ih 7 (<(p6 79C?$J 6). 7 <96 (B6)./+0* * < = 6
( * C +0*I6 P 8I7 ( mCG? < = 6 LM7 6I.O6 8I8 6 ?,Q 8 3 6&<9+ C 6&4 6 Π*H<( * 8 6 = *Ih 7 (B6 79C CB?8 6O<7+<*:+ 8 3y6)4 . * 798 6O:F6O<9+
( ? <J(4( 6O4 P ?CB? +0* * <6O<: 6&u :;6A+B6&:;P( Lq7 3 * < C 6 4 7 (<(<*1+^?^ Q * D +B6&<* C;7 <96 P C 6)( (<* * < P 8I7 (

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Q 8k? ( *C +0*I6 =A7 C#* + *C}LM7 3 6 8H8 6 8 3 ?X79CG? *1+ 6,4 + 6 4 ( ? <( 8 6 = *Ih 7 (p6 79CO x 4 + ? <9+ =&* <A< 6&4 6
f ? * D98 6w?

LM7 6 8 6d+ CG?$JX? * 8 (pP 6)4 .,*:3 LM7 6 LM7 6 8 3 * <wP 6 7 +~6 N + CG? * C 6 = 3 7 <96I+ 7ACBD *I<96 6,( + =P* <9< 6O4 6 P ?Cd
     
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6 8LM7 6"P * 79Co8 3 6O<(B6O: D98 6 = 6)( + 79CpDR* : ? . E *H<96,(&W 8 3 6 N P C 6,(<(<* * < LM7 *9. ?CB? .,+ 6 4 C *L(B6 8 3y6O4 <96 Cpm *H6
P ?CK7 <*1+ 6 4 = 6 P * * = ( ?$S? <9+ = 6,( = *H:;6&<J(<* * <( = 3 7 <A6 8+* < m7 6 7AC = 3 7 <96+ 7ACBD *I<96 Ž@CG? < _
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P * 79CU8 6 = 6 mC 6 4 = 6 C 6 4 ? ./+0* * <  

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4 6)( + . :FP C *L(p6;6O<9+ C 6  6 4 C ,6 + 7 < ,6 +[f C 6 4 Lq7 &6 :;:F6O<7+tP C &6 < = = )6 (
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2 ? + 79CpD *H<96 ? P 8k? <6)(+ 7 <96.: ? . E *H<A6 ? Q L…& ˆq•( ‚ ’”— =A7 + S P 6 ˆ:9‚ ˆ„ LM7 * =&* *1+
( * <b< * : ?> Q 8 3 *H< m 6&4 <*I6 79C|?7 + C *:. E *H6O< *:.,+ *C ? P 8H? < yGF9D ”_GGQ RT{LM7 * ? 6&<(p6)* m < 6F4 ?Q
8 3 = <J* J 6 C ( *:+ 6 4 6). E <* LM7 6 = 6  C < * 6O< 6&4 P 79D98 * LM7 6 . E 6 Q LM7 6  2 6,( 6 4 8 6O4 :F6O<7+<([P C *I< _
.)*IP ?7N = 3 7 <968+ 79CBD *H<96 ? P 8k? <o( * <9+ (p6&: D98H?D98 6)(e? Q .O6 7N/= 3 7 < + 79CpD *H<A6 Ž@CG? <J.)*L(OW
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6,+3@< ?8 6O:F6O<7+ 7 < = * h 7 (p6 79CO c 6 8I7 * _ .)*o6,( + 6)(<(p6&<9+0*I6 8I8 6&:;6&<9+ 7 <96. * < =97 *1+G6. * <* LM7 6
LM7 * P 6 C :;6,+ = 6 C 6)4 . 7 P 6 4 C 6 C 8k? . * :;P * ( ? <9+G6 ?”N * ?X8 6 = 6 8k? J *1+G6,(<(B6 ( *7 ( 8k? f *C :F6 = 6
P C 6)(<( * * <  2 ? 3 m79C 6 R9 Z : * <9+ C 6 8 6,(FP C *H<J.)*HP ?8 6,(6. * :FP * ( ? <9+G6)( = 3 7 <96 + 79CBD *I<96
? P 8H? < 
2{3 *I<9< Z* JX? +0* * < = 6 ? P 8H? < ( 79C 8 6)(+ 79CpD *H<A6)( 6 N *L( + ? <9+G6,(&W ? 6,4 + 6 4 .&6 8H8 6 = 6 . * CpC * m 6 Cd8 6
P ? ( 6&<^f * <./+0* * < = 6 8k? P 7 *:(<( ? <.&6 = 6&: ? < = 6&4 6  D * 79C .O6Ff ? * C 6XW 8k?bC#* 7 66. * :FP * C +G6
= 6,( $Aˆ„H…‹FL…B €„ ˆTŠ&„H…‹ Lq7 *. E@? < m 6&<9+ 8 6 79C,? < m8 6FP * 79C ( 3 ?=@? PJ+B6 C ? *H<( *[?e Q 7 < = 6 4 D *:+
JX?C * ?D98 6 
2 ? J *:+B6)(<(p6 (BP 6)4 ). *13 LM7 6.6)(+ 6 4 8 6 J 6&4 6XW P 7 *L( LM7 356,4 + ? <9+ 7 9< 6 : ? . E *H<96 ?”N * ?8 6W 8 6 = 6 4 D *:+
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?= *I:F6O<(<* * <9<96 8H8 6 JX?C *I6[6&<9+ C 6   W D 6/+    XWA v ? <( 8 6( S (+$6OQ :F6 : 6/4 + C * LM7 6

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P 6 *HP E 6 4 C * LM7 6 ? Q 8 3 6O<9+ C 6O4 66,+.?.
4 C * !* *
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8 3 6,5 . ? .)*:+ 6 4 = 6E.O6,+ +G6~: * < = 6 = 6 4 D *:+l6/+ 8k? P 8k?m 6
? . E *I<96~6)(+2+ C 6)Q (2(p6&<( * D98 6 ?7NtJX?C * ? +0*
= 6[P 7 *:(<( ? <.&6 ?$J 6). 7 < R* *
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Q 8 3 6O<9+ C 6O4 6 
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c~?8 . 798 6  
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Q 8 3 6 N + C 6O4 :6*1+ 6 4 = 6 8 3 6,* 8  *
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J *:+B6)( (B6 CG?= * ?8 6 g    g  

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J *:+G6,(<(p6;+ ? < m 6&<9+0*I6 8H8 6 =A7.C + C =9? <( 8 6 P 8H? < = 6 #* *
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8k? = * C 6)./+0* < CG?X= * ?8 6}6)( +     W 8k? . :;P ( ? <9+G6 CG?= * ?8 6 = 6 8k?[J *1+G6,(<(B616,( + Z W : ? (
6,+ 8H?,J *1+G6,(<(B6+ ? < m 6&<9+<*H6 8I8 6 = 6)(dP ?8 6)(U6)(+ = 6 TSW W : ? (  2 6 = 6 4 D *:+ = 3 ? * C 6)(+ q T>aMm7? (
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= * ? :R6,Q + C 6r6 N +B6 C <A6t6O<R6O<7+ C 6O4 6 
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6/+ 8k? ( C +0*I6 =97


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Q 8H? ( C +<*H6 =97\C + C"C 6.  *:+ * !* * *
= 6 8 3 ? * C ? Q 7 <96Y+G6O:FP 6 4 CG? + 79C 6 + + ?8 6     F F * 6/+ 7 <96P C 6)( (<* < + + ?8 6    GWA  * *
a D ?A 2 ?FJ *:+B6)(<(p6 = 6 C + ? +0* < ?; #* *3 N C 4 4
Q 6 + 6&: *:+ 6 6,( P ?X8 6)( =97gC + C 6)(+ = 6    : ? ( 
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* *
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* *
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6,+ 8k? +B6&:;P 6 4 CB? + 7AC 6+ + ?8 6  W W 
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Q 8 3 6 N + C 6&4 : *:+ 6 4 = 6)(|P ?8 6,( = 6
T W W : ? ([6,+ 8 6 C 6O< = 6&:;6&<9+,: 6,4 . ? <* LM7 6 = 6 Q  W = 6,4 +G6 C : *H<96 
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7 (B6 79C (<* ( < CB? P9P C + * *
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*
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#* *
= 3 ?79D 6)( = * C 6,.,+ C *L.O6)({6,+ 8 6 C + C .&6&<9+ C *If 7Am 6UP (<(&6 Q = 6 = 6)("P ?X8 6)( CG?= * ?8 6,(d?1 *
Q 8k? ( C +0*H6  *
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   CT .&:
 8H?,J *1+G6,(<(B6 ?”N * ?X8 6F? Q 8 3 6&<9+ C 6&4 6[6,( +d3 N 6&4 6\? Q g   T : ? (
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= 6 J 6  . :FP 8 ,6 4 +B6 C .O6 = 6)(<* m <e6&< 7 +0* 8 *L( ? <9+ 
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v 6 *
 ?X8H8 6 C ( *:+ W D
 8 6-. * 6,5 .)*I6&<9+ = 6;+ CB?$J? * 8 6ihj6,.,+<*If = 6)( 6/4 + ?m 6,( ?”N * ?7qNg= <9< 6H &*
4 ( 79C18 6-+ ?XD98 6 ?7
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<96 Ž? ./+ C * #* 6
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* *


 8 61< : D9C 6 = 6 P ?8 6,( =97 . :;P C 6,(<(B6 79C .&6&<9+ C *If 7Am 6   T
 * #*
8 6 C 6&< = 6&:;6&<9+ P 8 S + C PJ* LM7 6 = 6,( 6/4 + ?m 6)( ?”N * ?7qN   WXQ
 = 6,( 6/4 + ?m 6,( ?”N * ?7N (B6O: D98k?XD98 6,(
 7 < mT?  P ?XC f ? *1+   R d   F9D'9?XaMm W 5  GW W9T'9?XaMm
c~?8 . 97 8 6  
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Q 8 3 6&<9+ C 6&4 6 =97 . :;P C 6,(<(p6 79Cd?”N * ?X8 
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*


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7 m
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* *


8k? P 7 *L( ( ? <.O6 C 6 LM7 *:(B6[P 79C 6&<9+ CB?u <A6 C .&6. :FP C 6)( (B6 7AC 
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v 6)( (<*H<A6 
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 8 6 + C * ? < m 8 6 = )6 ( J :* +B6)(<(p6)( ? Q k8 ? ( C +0*I6 =9R
7 C + U C =97 . :;P C 6,(<(B6 79C .&6O<7+ C * f 79m 6 

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*P C + ? <96/++ = 6 6 JX?6C * ?DA8 6)P ( 6 ?f < m: 8 6,(&<W .O= 6 * ? :R6/Q +<AC 6 6XWM+ P 7 *L( ( :? <J.&. 6W *HJ<A*:6 +G6,(<(p+06* *L= (p66 C#* < + ? <+<* * : <oWT6/+06 .  *H: 6,+

8 3 ? < ?X8IS (B6 = 6 8 3 *H<9+B6 CG? .,+0* * <,6O<9+ C 6. E9? . 7 <A6 = 3 6 8H8 6)(l< 3 6)(+"P ? ( 7 <96+ ? u . E 6*H:;: 6 4 = * ? +G6 
c*79CB? :;:F6O<7+&W * <t(<*I:FP 8 *:3@6H.O64+ CB?ZJX? * 8 P ?C,8 6 C 6 mC!*7 P 6&:;6&<9+ = 6,( JX?C * ?D98 6)( ?7_
+ * 79C~= 3 7 < . * :;P * C +G6O:F6O<9+UP ETS (<* LM7 6 P * 79C 6O< m 6&< =9C 6 C ? *H<( * = 6)(}P ?XCG? :R6,Q + C 6)(( ? <(
= *I:F6O<(<* * < c 6,+ +G6g: ? <*IP 798k? +0* * < <96 C 6 4 =97 *1+\P ? (6(B6 798 6O:F6O<7+ 8 6e< * : D9C 6 = 6RP ?”_
CG? :R6/Q + C 6,(w6O< ; 6 7 W : ? *:(6*I:FP 8 * LM7 6 ?7 ( (<* LM7 6 $ „ ‰T‹i‚ …i‰q‹6$@– …i —j’”“ …i —j…‹e†‰ “ …i “w…
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Q 8 3 D +G6&<9+<* < = 6 P ?CG? :e6,Q + C 6,(( ? <( = *H:;6&<( * <g6,( + = <J. 8k? * &*
*
P (<( * * *:+ 6 6ihj6,.,+ 6 = 6)(H. ?8 . 798 ( LM7 *UP 79CpC <9+H( 3 ? PAP 8 * Lq7 6 C ?.
D 8 4 = 3 7

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mCB? < = 6 4 J 6O<9+ ? * 8= 6q. ? (  x < 6Oh 6,+&W 7 <96[f *L( LM7 3 < = 6,4 .)* = 6 ( 79Cd7 < .O6 C + ? *H<R< : DAC 6 *
*
= 6tP ?CG? :R6/Q + C 6,( = 6 C 6i4 f 6 4 C 6&<.O6W < P 6 7 + ? < ?8 S (p6 Cd8 6,( C 6)4 ( 7A8 + ? +0(dP ?C CB? P9P C + ? Q .&6)( *
mCB? < = 6 79C (. ?XCG? ./+ 6 4 C *L(+0* LM7 6,( 
* * * *
2{3 7 +0* 8 *L( ? +0* < = 6;< : D9C 6)( ?= *I:F6O<(<* <9<96 8 (rP 79C . ?CG? .,+ 6 4 C *:(B6 C18 6;. :FP C +B6&:;6&<9+ * *
R*
= 6,(4+ 79CpD : ? . E *H<96,(w6)(+8+ C 6)Q ( 7 +0* 8 6 . ?C .O6).,* f ? .,* 8 *1+G6 8 3 ? P9P 8 *L. ? +0* < = 6 C 6)4 ( 798 + ? +0( *
* . <9< 7 ( = 3 7 <96 : ? . E *H<A6 J 6 C ( 7 <96 ?7 + C 6  c 6/+ ? (pP 6,.,+ 6)( +d+ C 6)Q (d*H:;P C + ? <7+ =9? <( 8 6 *
P* *
= 6,(<* m < 6,4 + ? <9+ = <9< 6 4 Lq7 3 * 8 P 6 C :F6/+ 8k? P C 6 4 = *L./+0* < =97 . :;P C +G6O:F6O<9+ = 3 7 <A6w: ?”_ * *
*
. E *I<96 mCB? < = 6 79C < ? + 79C 6F? Q P ?C +0* C= 3 7 <b: = 6 Q 8 6 C 6 4 =97 *1+  x"4 m?8 6O:F6O<7+&W 8 3 *I<Af C : ? +<* < * *
* *
? .,. 7 : 7A8 6&4 6eP 79Cw= * J 6 C (p6)(\: ? . E *I<96)(;P 6 7 + 6/u + C 6e6 N + CG? P 8 6O4 6 J 6 C ( = 6)(F< 7AJ 6 8H8 6)( *
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: ? . E *H<96,("6)( +6Oh 6)./+ 7 6O4 6 ?X7 : ZS 6&< =97 . <.O6&PJ+ = 6(<*I:6* 8 *1+ 79= 6 n < = *L(+0*I< m7 6E+ C *:( * #*
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= 6 7qN * 6&Q :;6}: ? . E *H<96 Mc 3 6,( + _ ?”Q _ = * C 6W 8 C ( Lq7 6 8 6 CG? PAP C +{6&<9+ C 6 7 <96 8 < m7 6 7AC LM7 6 8s_ * +*
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P ?CB? *L( ( ? <9+ =@? <J( 8 3 x"L T
 GQ WE* 8 6 N *L(+G6 ?8 C ( 7 <96.f <./+0* < qL 7 * C 6 8 *H6 &. 6)(K+ C :* ( * * * #*
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‚V—j•i„ ‰9ˆ—{†q…‹A/”ˆƒ‚ ˆ  ‚ ’”—Ar‹ †Tˆ—A‹ „ ˆt.€ …Z ’”“ …(  i‚ …lP 6 7 + 6/u + C 6 C 6,4 ( 7 : 6 4 P ?XC 8 3 6 N P C 6) ( (<* <  *
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8 3 6)(pP ? .&6 E 6&PJ+ ?= *I:F6O<(<* <9<96 8 @ B      6 79C 6 7 (p6&:;6&<9+$W =9? <( 8H? P 8I7 P ?C +
5* *
= 6)( + 79CBD : ? . E *H<A6)( 8 6,(>f C .O6)( = 3 *H<96 C +<*H68( <9+ 8H?CBm 6&:;6&<9+ = : *H< ? <9+G6)( P ?C CG? P _ * &*
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P C + ?7N f C .&6,( J *:( LM7 6 7 (B6,(r6,+ 8 61< : D9C 6 = 6 6 S < 8H= (}P 6 7 + ? *I<(<* 6/u + C 6[< 6 4 m8 * m 6 4  * *
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4 .&6,.)* WN* 8oC 6)( +B6,6O<. C 6 LM7@? + C 6 ?7 + C 6,( JX?C * ?D98 6)(U6/+ = 6)(d(<*H:;P 8 *:3N. ? +0* <( ?=q_
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= *:+<* <A<96 8I8 6)(( <9+r< 6,4 .&6,(<( ? * C 6,(rP 79C f ? .)* 8 *:+B6 CU8 3 ? PAP 8 *:. ? +<* < = 6 8 3 ? < ?X8IS (B6 = 6-( *H: * _ * *
8 *1+ 79= 6 
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D 7ACd8 6)( …Z •’”‰„H…i“w…i—V‹1‚V—j•’”“ $ G…‹‹i‚ Š&„H…‹iW 8 61< : D9C 6 = 6 H ? . E <96q( 3 ? P9P 8 * LM7 61P ? (  *
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Q 7 <A6 ( 79C f ? .&6 =@? <J( 8 3 6)(BP ? .&6  @ B   2 ? 3 m79C 6 T * 8H8H7 ( + C 6
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5 n P C ; 6/+ 6O4 6)(( 7AC 8k? P 8H? < @ B Ac 6&P 6&< =@? <9+$W
+* * *
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n < < +B6 LM7 6UP 79Cl7 < B = 6 = 6)( * m < = <9< 64 W * 8 6 N *L(+G6 7 <H(B6 798 P *H<9+ = 6 C 6O< = 6O:F6O<7+ *
*
  c 6OP 6O< =@? <9+$WKP 79C[7 < @  * 8S^?e= 6 7N P *H<9+0(. CBC 6)(BP < =9? <9+ = 6 C 6O< = 6O:F6O<7+ * * *
* * * * * +*
 f <.,+<* < D * 7 < ZJ qLq7 6 qΠ8 C (OW 8 C ( =97F= 6)( * m < = 3 7 <96@+ 79CBD : ? . E *H<A6 < 7 +0* 8 *:(B6 CB? 5* *
*
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P 79C 8 3 ? < ?8 S (B6 = 6 8k? P 6 C f C : ? <J.&6 = 6)(l+ 79CpD : ? . E *H<96,(  D ?C . <7+ C 6XW =9? <( 8 3 *I< =97 ( _ *
* * *
+ C *H6XW 8 3 *H<Af C : ? +0* <g6&:;P* C * LM7 6 ? .). 7 : 798 6O4 6 ?7 8 < m= 6,( ? <9< 6&4 6)( 6)(+ m?CB= 6O4 66( 7 ( *
* *
f C :F6 = *H:;6&<( * <9<A6 8H8 6 ?$ST? <9+ = 6,( . ?CG? ./+ 6 4 C *L(+0* Lq7 6)(P ?C +0*L. 798 * 6 Q C 6)(bP 79C . E@?LM7 6 *
* *
+ S P 6 = 6 : ? . E *H<96  D 79C18 6,(rP :FP 6)(I.&6&<9+ C *If 7Am 6)(OWoP ?C 6 N 6&:;P 8 6XW 8 6,(1P ?CB? :R6/Q + C 6)(
* 
= 3 *H<9+ 6 4 C&6/u +$Wl( <9+ 8 6 = 6 4 D *:+ W 8k? . E@?CBm 6  6/+ 8 6 C 6O< = 6&:;6&<9+  l` 7 (tf C :;6 mCB?”_ n* *
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P* Q 7 <96( 79C f ? .&6 =@? <( 8 3 6)(pP ? .&6E+ C * = *H:;6&<( * <A<96 8


P E * Lq7 6W .O6)( JX?C * ?D98 6)( = <9<96O<7+ 8 *H6 7 ?r *
   
c * :;PJ+G6E+B6&< 7w= 6 8H?r= *:5 . 7A8 + 64 *H< E 6 4 C 6O<7+B6 P *79C{8 3 7 +0* 8 *L( ? +0* * < = 6d.O6,+ +G6*H<Af *C : ? +0* * <oW
P * 79Cb7 <96.P * :;P 6 ?$J 6). 7 < = * ? :e6,Q + C 6g6/+ 7 <96 J *:+B6)( (B6 = 6 C#* + ? +0* * < =&* <9< 6)4 (OW * <
. * <J( + Cp7 *:+ 8k? . *79CBD 6 = 6.P 6 C f *C : ? <.O6  Uc 6 8H8 6 _ .,* P 6 7 + 6/u + C 6 *H<9+G6 C P C 6,4 + 6&4 6
. * :;:;6 8k? P C#* ; 6).,+<* * < = 6 8k? ( 79C f ? .&6 =@? <( 8 6
P 8H? <  P *79C[7 <A6 J *1+G6)( (B6 = 6


C#* + ? +0* * < =P* <9< 6O6  .&6,+ +G6 C 6&P C 6)(B6O<9+ ? +<* * <oW * <;( 7 P 6 C P * (B6 = 6)(". *79CBD 6)( = 6~<* J 6 ?7qN



4 QΠ4
= 6 C 6&< = 6&:;6&<9+b6,+FP * 79C . * :;P 8 6/4 +G6 C W * < ? ;!* 7 +G6RP 8H7 ( *H6 79C ( . *7ACBD 6)(  ( * *1+


P * 79C"= *Ih 6 4 C 6&<9+G6,( J *:+B6)( (B6)( = 6 C#* + ? +0* * <    .,+G6  W7( * *1+"P *7AC|= *Ih 6 4 C 6O<9+0( = * ? :e6,Q + C 6,(



   ./+G6  
= <96 f * C :F6 ?X8 +G6 C < ? +0* J 6Wo6O:FP 8+Z* S 6&4 6 P * 79C18 6,([P * :;P 6)(16,+ 8 6)( J 6O<9+0* 8H? +G6 79C (OW 6)(+ 8H?
C 6OP C 6,4 (B6&<9+ ? +0* * < = 6)(. * 79CBD 6)(  6/+  ( 79CU8H? : 6Ou :F6d3 m79C 6 = 3 * 7. Q * <P 6 7 +
=* 6O<9+0*:396 C 8 6 C 6&< = 6&:;6&<9+1: ?”N *H: ?8 6,+ ? *H<( * 8H? P ? * C 6     . * CBC 6)(BP * < =9? <9+ ?7
 

P * *H<9+ = 6 = 6)( * m <  Ž * m79C 6 N 6 N 



 

D * 7ACb8 6)(6. * :;P C 6)(<(p6 79C (&W 8H? JX?C * ? +0* * < = 6 : ? ( (B6 J * 8H7 :6* Lq7 6 e 6)( +A*I:FP * C + ? <9+G6
6,+ 8 3 6 N P C 6)( (<* * < T P * 7AC = 6)(;“;ˆq•–q‚V—j…‹ € …Z ’”“ …(  ƒ‚ E&‰@…i“w…i—‹i‚V“ ‚V„ ˆ‚VG…‹  @ 
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= 3 7 < : 6&u :;6 C 6&< = 6O:F6O<9+ 6,+,P 8H7 ( *H6 79C (;. 79CpD 6,( = 6wP 6 C f C : ? <.O6wP 79Ct= *Ih 6 C 6&<9+0( * * *
 
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2 6)( . 79CpD 6,(. ?CB? .,+ 6 4 C *:( +<* LM7 6)( = 6)(. :FP C 6)( (B6 79C (1P C 6)4 (p6&<9+G6O<7+ = 6,( 6 4 8 6&4 :;6&<9+0(r< 7_ * *
J 6 ?7N  v>3 7 <96[P ?C + 8 6;Š&„H’Z•BˆZ€q…r‹Z’”—@‚ E&‰@…~6/+ = 3 ?7 + C 6[P ?XC + 8 6 $@’”“ $AˆZ€q… 
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2 6 DA8 . ?m 6( <* LM7 6d(B6 P C q=97 *1+ 8 C ( LM7 6 ^ ] 6)( +( 7 56( ? :;:F6O<7+ mCG? < = 6/+ LM7 6 8k?rJ * _ +*
*
+G6,(<(p6 = 6 8 3y6,4 . 7A8 6&:;6&<9+ =@? <( 7 <96(B6,.,+0* < =97 P ? ( ( ?m 6*I<7+B6 CB?79D 6 ? +<+G6,*H<9+ 8H? J *1+G6,(<(B6 *
* *
=97 ( <  Œ Q P ?XC +0* C"= 6I.O6rP *H<9+$W 8 6 = 6 4 D *:+: ? (<(<* LM7 6 <96@. <9+<*H< 7 6 P 8H7 ([?, Q ?79m :F6O<7+B6 C *
* *
?$J 6,. 7 <A6 J?XC * ? +0* < =@? <( 8 6 CG? P9P C + = 6UP C 6,(<( * <;6,+ 8 6,(". 7ACBD 6)(Y. ?CB? .,+ 6 4 C *L( +<* LM7 6,(&W * *
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P 79CU= 6,( = * h 6 4 C 6O<7+B6)( J *:+B6)(<(p6)( = 6 C + ? +0* <oW = 6 J *H6O<9<96&<9+ J 6 C +0*:. ?8 6)(  #* *
* *
2 6~P :FP ?m 6 6,( + 7 < P E 6&4 < :R6OQ <96 = 3 *H<(+ ?D * 8 *1+ 6 4 . S . 8 * LM7 6E. ?CG? ./+ 6 4 C *L( 6~4 P ?CY7 <96~f C +G6 *
* *
. EM7 +G6 =97\CG? P9P C + = 6 P C 6)(<( * < =@? <( 8 6)( C 6 4 m * <J( = 6 = 6 4 D *1+~: ? (<( * LM7 6df ? * D98 6  2{3 ? P _ *
* *
P ?C *:+<* < =97 P :;P ?m 6;6)(+ ? +<+ C * D97 6 4 ?7 = 6,4 . C . E@?m 6 =97 > 7 * = 6 = 6 8 3 ?7AD 6  2 C ( _ #* *
* !* *
LM7 3 < C 6 ; *H<9+ 8 6)(|P *H<9+0( = 3 *H<(+ ?D * 8 *1+ 6U 4 P 79C = 6)( J *:+B6)( (B6)( = 6 C + ? +<* < = *Ih 6 4 C 6&<9+G6,(&W * #* *
* < m 6O4 < 6 Q C 6 8H? „ ‚ €—j…t†q… $@’”“ $AˆZ€q…   Ž * m 
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* D 79C,8 6)(+ 79CpD *H<96,(?e Q mT?  W 8H?eC 6&P C 6)4 (B6O<9+ ? +<* < 8H? P 8H7 ( 6&:;P 8 ZS 6&4 6 = 6,(>P ?CB? :R6/Q + C 6)( * +*
*
?. XCG? ./+ 6 4 C *L(+0* LM7 6,( 7 +0* 8 *L(p6 8k? : 6&u :;6~f C :F6 LM7 6dP 79C{8 6,(Y. :;P C 6,(<(p6 79C (&W7. 3 6)(+ _ ?Q _5= * C 6 * *
7 <6O<(B6O: D98 6 = 6 . 79CpD 6,(&W ^    J 6 C ( 7 ( * ]    
 P 79C;= * h 6 4 C 6&<9+<(w< : D9C 6,( = 6
    
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*   
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 c 79CpD 6. ?XCG? ./+ 6 4 C *L(+0* LM7 6 = 3 7 < . :;P C 6)(<(p6 79C *
2 6. * :;P *C +G6O:F6O<9+
= )6 (E+ 79CBD *I<96)( ETSq=9CG?X798 * Lq7 6)(UP 6 7 + 6,u + C 6. <.&6O<9+ C 6 4 =@? <J( 8k? f Cy_ * *
: 798 6 TSR W”P 7 *L( LM7 6.&6,(l: ? . E *H<96,( = *:(BP (B6O<7+ = 3y6 4 8 6O:F6O<7+<( = 6 C 6 4 m798H? +0* <+G6 8 ( LM7 6 * *
8 3 7AJ *
6 C + 79C 6;6,+ 8H? f 6 C :;6,+ 79C 6 = 6)( ?79D 6)( = * C 6,.,+ C *L.O6)(&W P 79C[7 <96H+ 7ACBD *I<96 ŽCB? <.,*L(&W *
* 7 : * *
6Ou :F6 8 3 C *H6O<7+ ? +0* < = 6,(dP ?8 6,( =A7RC + C W@P 79CU7 <96+ 79CpD *H<A6 = 6+ S P 6 ? P 8k? <  !* * *
x < = *
3 ?7 + C 6,( : +0(OW* 8 ( 3 ?m *:+ = 6[: ? . E *H<96,( ? Q m 6 4 : 6,4 + C *H6 JX?C * ?DA8 6  *
* *
2 )6 ( f <./+0* <( LM7 * C 6 8 *I6&<9+ 8 6,(;+ C *L( LM7@? <9+<*:+ 6,4 (  !
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m 64 : * 6/4 + C I* 6W
 * W"( <9+ .&6 8H8 6)( = A< < 6&4 6,(FP ?XC &* * 

8 6)( 6 4 Lq79? +0* < (  T CD ,6 + T


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7 <96 *
m 6 4 : 6/4 + C *H61P ?C +0*:. 798 * 6 Q C 6  3 N 6 6 8H8 6)(UP 6 7AJ 6&<9@ + (B6 C 6 m C 7 P 6 C . F : :;6 #* *
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=@? <J( 8 3 6)(pP ? .O6-+ C * = *I:F6O<(<* <9<96 8 W.O6 LM7 *YP 6 C :F6/+ = 6 J *L( 79?8 *:(B6 Cd8 6,( 8 *H6O<( 6O<7+ C 6 .&6)(
LM7@? <9+0*1+ 6,4 (  c 6OP 6O< =@? <9+&W 8k? : 6,4 + E q= 8 m *H6. 8H? (<( * LM7 6>P 79C 8k? . ?CB? .,+ 6 4 C *:( ? +<* < = 6)( &* &* +* * *
+ 7ACBD *I<96)( ETS=ACG?798 * LM7 6,( 7 +<* 8 *:(B61P 8I7 + u + 7 <96 C 6&P C 6)4 (B6O<9+ ? +<* < D * = *I:F6O<(<* <9<96 8H8 6 P ?”_ * * *
*
CG? : 6/4 + C * LM7 6 Mc 6 8H8 6 _ .,*J. :FP C 6&< =F8H? P C ; 6,.,+<* < = 6( 7AC f ? .O6)( = 6}<* J 6 ?7
= 6   5 n W #* *
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P 79Cd8k? P C 6O:6* 6 Q C 6 6 4 LM7@? +0* <oW6,+ B  5 n W P 79Cd8k?
= 6 7N * 6&Q :;6 6 4 LM7@? +0* <oW'( 79C 8 6  * *
8P H? < !
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*  *      <,< +G6 6 6,(YP :R6,Q + 6)( 6,+ W <9+ 6/+ 6. <( * 6 6)(
 
   
. :F:;6 . <( + ? <9+0(d6,+ ? *H<J(<* 6 4 8 *H: *H< 6,4 ( Ž *H< ?8 6O:F6O<7+&W < C 6&: ?CBLM7 6 LM7 6  * 

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6,+"P 7 L* ( Lq7 6 8 6 C 6O< = O6 :F6O<7+|6,( + ? 7 ( (<*9f <J.,+0* < = 6 


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2 6)( 6 4 LM7@? +<* <( T
  D  T  F 7 T
  Q . <J( +0*1+ 7 6O<9+ 8k? D@? (p6 = 6 8k?tC 6&P C 6)4 (p6&<9+ ? +<* < * *
= ,6 (-. ?XCG? ./+ 6 4 C *L(+0* LM7 6,( = ,6 ( + 79CBD *I<96)( ETSq=9CG?7A8 * LM7 6,(  D 7AC .&6;f ? * C 6W < C 6OP C 6,4 (B6&<9+B6 * *
*
 6O<  = *H:;6&<J(<* <( \8 6 C &6 < = 6O:F6O<9+g6,+ 8 6,( JX?C * ? +<* <J( = 6 8H? m 6 4 : 6,4 + C *H6 ( 7 ( 8k? * * *
* * 
f C :F6 = 6. 79CpD 6,( = 6|<* J 6 ?X7 6&<,f <.,+<* < =97 . 6/5 .)*H6O<9+      6&< ?D (<.)*:(<(p6 6&< * * * 


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