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ŽĨ ůŝĨĞ ĂŶĚ ǁĞ ĂƌĞ ĚĞĞƉůǇ ŐƌĂƚĞĨƵů ĨŽƌ ĞǀĞƌǇŽŶĞ͛Ɛ ƚĞƐƟŵŽŶŝĂů ƚŚĂƚ ŽĨ ĨƌĞƋƵĞŶĐŝĞƐ ĚƌĂǁŶ ĨƌŽŵ ƚŚĞ ǀŝƚĂů ĞŶĞƌŐǇ ƚŚĂƚ
ŬĞĞƉƐ ďƵŝůĚŝŶŐ ĐŽŶĮĚĞŶĐĞ ĂŶĚ ŝŶƐƉŝƌĞ ŽƵƌ ƌĞĂĚĞƌƐ͗ >LSSULZZ ƐƵƌƌŽƵŶĚƐ ƵƐ Ăƚ Ăůů ƟŵĞƐ͘ WŽůĂƌŝĚ ƉŽůĂƌŝǌĞƐ͕
ŚĂƌŵŽŶŝǌĞƐ͕ ƌĞŐƵůĂƚĞƐ͕ ƚƌĂŶƐĨŽƌŵƐ͕ ĂŶĚ ĂŵƉůŝĮĞƐ
͞/ ŚĂǀĞ ƉƵƌĐŚĂƐĞĚ ŵĂŶǇ ŽĨ ǇŽƵƌ ĚŝƐĐƐ ĂŶĚ ĨĞĞů ƚŚĞǇ ĂƌĞ ƚŚĞƐĞ ĞŶĞƌŐǇ ĨƌĞƋƵĞŶĐŝĞƐ ĞŶĂďůŝŶŐ ŽƵƌ ďŽĚŝĞƐ ƚŽ ŽƉĞŶ
͚ŵĂŐŝĐĂů͛͘ KǀĞƌ ƚŚĞ ǇĞĂƌƐ / ŐŝŌĞĚ ŵĂŶǇ ƉĞŽƉůĞ ǁŝƚŚ ƚŚĞ ďůŽĐŬĞĚ ĞŶĞƌŐǇ ĐŚĂŶŶĞůƐ ĂŶĚ ƵƟůŝǌĞ ƚŚĞ ĨƌĞƋƵĞŶĐŝĞƐ
ĚŝƐĐ ĂŶĚ ŵǇ ƐŝƐƚĞƌ ŝŶ ƉĂƌƟĐƵůĂƌ ĨĞůƚ ƚŚĞ ĞīĞĐƚƐ ŝŶ Ă ǀĞƌǇ ŽƵƌ ďŽĚǇ ŚĂƐ ďĞĞŶ ŵŝƐƐŝŶŐ͘ dŚŝƐ ĞŶĐŽƵƌĂŐĞƐ ƚŚĞ ďŽĚǇ
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ĂŶ D& ĞǆƉĞƌƚ ǀŝƐŝƚ ŚĞƌ ŚŽŵĞ ƚŽ ĐƌĞĂƚĞ Ă ĐĂůŵ ĂŶĚ ƐĂĨĞ ǁĞůůďĞŝŶŐ͘
ĞŶǀŝƌŽŶŵĞŶƚ͘ ^ŚĞ ŚĂƐ Ă ǀĞƌǇ ĚŝĸĐƵůƚ ƟŵĞ ŐŽŝŶŐ ƚŽ ŵĂůůƐ zŽƵ ĐĂŶ ĂƉƉůǇ WŽůĂƌŝĚ ƚŽ ĂŶǇ ĂƌĞĂ ŽĨ ƚŚĞ ďŽĚǇ͕
ƐŝŶĐĞ ƚŚĞǇ ĂƌĞ ƌŝĚĚůĞĚ ǁŝƚŚ D&͛Ɛ͘ ŌĞƌ ĂďŽƵƚ ŽŶĞ ĚĂŝůǇ͘ dŽ ŵĂŬĞ Ă ƐŝŵƉůĞ ĐŽŵƉĂƌŝƐŽŶ͗ ŝĨ ǇŽƵ ĂƐŬ ŵĞ
ŚŽƵƌ ƐŚĞ ůĞĂǀĞƐ ƚŚĞ ŵĂůů ǁŝƚŚ ŚĞƌ ďƌĂŝŶ ĨĞĞůŝŶŐ ƚŽƚĂůůǇ ŝĨ ǇŽƵ ƐŚŽƵůĚ ǁĂƚĞƌ ŽŶůǇ ǇŽƵƌ ĐƵĐƵŵďĞƌƐ ŝŶ ǇŽƵƌ
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ǁŝƚŚŽƵƚ ŝƚ ĂŶĚ ĮŶĚƐ ŝƚ ƉƌŽƚĞĐƚƐ ŚĞƌ ĨƌŽŵ ŽƵƚƐŝĚĞ ĨŽƌĐĞƐ͘
KƵƌ ďŽĚŝĞƐ ŽŶůǇ ƌĞŐŝƐƚĞƌ ƚŚĞ ĨƌĞƋƵĞŶĐŝĞƐ ƚŽ ǁŚŝĐŚ ǁĞ
/ ĂůƐŽ ŐŝŌĞĚ ŵǇ ŶĂƚƵƌŽƉĂƚŚ ǁŝƚŚ Ă ĚŝƐĐ ĂŶĚ ŚĞ ĐĂƌƌŝĞƐ ŝƚ ŝŶ ĂƌĞ ĂƚƵŶĞĚ͘ /Ĩ ƚŚŝƐ ǁĞƌĞ ŶŽƚ ƚŚĞ ĐĂƐĞ͕ ŽƵƌ ďƌĂŝŶƐ ǁŽƵůĚ
ŚŝƐ ƉŽĐŬĞƚ Ăůů ƚŚĞ ƟŵĞƐ͘ ,Ğ ŚĂƉƉĞŶƐ ƚŽ ďĞ ĂŶ D& ĞǆƉĞƌƚ ƌĞĐĞŝǀĞ ŚƵŶĚƌĞĚƐ ŽĨ ds ĂŶĚ ƌĂĚŝŽ ƐŝŐŶĂůƐ ĂŶĚ ŚƵŶĚƌĞĚƐ
ĂŶĚ ŚŝƐ ƐŽƉŚŝƐƟĐĂƚĞĚ ƚĞƐƟŶŐ ĞƋƵŝƉŵĞŶƚ ŝŶĚŝĐĂƚĞƐ ŝƚ ŝƐ ŽŶĞ ŽĨ ŽĨ ƉƌŽŐƌĂŵƐ ǁŽƵůĚ ďĞ ƉůĂǇŝŶŐ Ăƚ ŽŶĞ ƟŵĞ͊ KƵƌ ǁŝƌĞůĞƐƐ
ƚŚĞ ŵŽƐƚ ƉŽǁĞƌĨƵů ƚŽŽůƐ ĨŽƌ D& ƉƌŽƚĞĐƟŽŶ͘ ,Ğ ƌĞĐŽŵŵĞŶĚƐ Ăůů ďůƵĞƚŽŽƚŚ͕ ŝƉŚŽŶĞƐ ĂŶĚ ďůƵĞƚŽŽƚŚ ŚĞĂĚƉŚŽŶĞƐ ĚŽ
ŽĨ ŚŝƐ ƉĂƟĞŶƚƐ ƉƵƌĐŚĂƐĞ Ă ĚŝƐĐ ĂŶĚ ŬĞĞƉ ŝƚ ĐůŽƐĞ Ăƚ Ăůů ƟŵĞƐ͘ H[ `V\Y EKd ƌĞƐƉŽŶĚ ƚŽ ƚŚĞ ŵŝůůŝŽŶƐ ŽĨ ĨƌĞƋƵĞŶĐŝĞƐ ƚŚĂƚ ƉĂƐƐ
ÄUNLY[PWZ ďǇ ƚŚĞŵ ďƵƚ ŽŶůǇ ͚ƌĞĂĚ͛ ƚŚĞ ŽŶĞƐ ŝƚ ƌĞĐŽŐŶŝǌĞƐ ĂŶĚ ƚŽ
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ƉŽƚĞŶƟĂů ĐƵƐƚŽŵĞƌƐ ǁŚŽ ĂƌĞ ƐƵīĞƌŝŶŐ ĨƌŽŵ ƚŚĞ ĞīĞĐƚƐ ŽĨ D&͛Ɛ͘ tŝƚŚ ƚŚĞ ƌĞĂĚƐ ĂŶĚ ďŽŽƐƚƐ ŶĂƚƵƌĂůůǇͲŽĐĐƵƌƌŝŶŐ ĨƌĞƋƵĞŶĐŝĞƐ ĂŶĚ
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