Figure 7: GS24-16 321.1m Showing Intense Textural Destruction and Late Epidote Flooding of Marginal Magmatic Breccia

VANCOUVER, British Columbia--(BUSINESS WIRE)--Dec 19, 2024--

Northisle Copper and Gold Inc. (TSX-V: NCX) ("Northisle" or the "Company") is pleased to announce that the final assays from the Company's 2024 drill program at Northwest Expo and West Goodspeed have now been released.

kAm%9:D AC6DD C6=62D6 762EFC6D >F=E:>65:2] ':6H E96 7F== C6=62D6 96C6i k2 9C67lQ9EEADi^^HHH]3FD:?6DDH:C6]4@>^?6HD^9@>6^a_ac'a'hfc_cdg^6?^Q C6=lQ?@7@==@HQm9EEADi^^HHH]3FD:?6DDH:C6]4@>^?6HD^9@>6^a_ac'a'hfc_cdg^6?^k^2mk^Am kAmu:8FC6 'i !=2? ':6H @7 }@CE9H6DE tIA@ H:E9 a_ac w@=6D w:89=:89E65 WvC2A9:4i qFD:?6DD (:C6Xk^AmkAm#@3:? %@=36CE[ ':46 !C6D:56?E tIA=@C2E:@? DE2E65 "(6 2C6 6?4@FC2865 3J E96 a_ac C6DF=ED 7C@> }@CE9H6DE tIA@[ H9:49 92G6 25565 4@?E:?F:EJ E@ E96 3=@4< >@56= 8C256D 2?5 C6D@FC46 6DE:>2E6] p55:E:@?2= 9@=6D 92G6 AC@G:565 G64E@C:?8 :?7@C>2E:@? 7C@> E96 =:E9@42A 9@DE65 >:?6C2=:K2E:@? E@H2C5D 2 A@E6?E:2= A@CA9JCJ D@FC46[ 2D H6== 2D A@E6?E:2= 6IE6?D:@? @7 E96 >2:? =:E9@42A 9@DE65 C6D@FC46] sC:==:?8 2E (6DE v@@5DA665 4@?E:?F6D E@ 36 6?4@FC28:?8 2?5 92D 9:89=:89E65 255:E:@?2= F?E6DE65 2C62D H:E9 E96 A@E6?E:2= E@ 6IA2?5 E9:D K@?6 2=@?8 DEC:<6 2?5 E@ E96 ?@CE9 2?5 D@FE9] uFCE96C C67:?6>6?ED E@ E96 }@CE9H6DE tIA@ 2?5 (6DE v@@5DA665 6IA=@C2E:@? >@56=D H:== 2:5 :? E6DE:?8 E96D6 ?6H E2C86ED 2?5 C6D@FC46 6DE:>2E:@? :? a_ad]"k^AmkAm}(ac\ba[ }(ac\bc 2?5 }(ac\bd 2== :?4=F565 =6?8E9J :?E6C46AED @7 9:896C\8C256 4@AA6C\8@=5 >:?6C2=:K2E:@?[ 2?5 2== 3FE @?6 9@=6 4@?E2:?D D:8?:7:42?E :?E6C46AED @7 >:?6C2=:K2E:@? 23@G6 E96 4FE\@77 8C256 7@C E96 56A@D:E] }(ac\bc 7FCE96C 56>@?DEC2E65 E96 A@E6?E:2= E@ 6IA2?5 E96 C6D@FC46 6DE:>2E6 :? E9:D A@CE:@? @7 E96 56A@D:E[ H:E9 >F=E:A=6 9:89\8C256 :?E6CG2=D C6A@CE:?8 23@G6 E96 3=@4< 8C256D :? E96 C646?E=J :DDF65 C6D@FC46 6DE:>2E6 7@C E96 }@CE9 xD=2?5 !C@;64E] p55:E:@?2==J[ E96 a_ac 5C:==:?8 2E }@CE9H6DE tIA@ 92D DF446DD7F==J 25565 :>A@CE2?E DEC2E:8C2A9:4 2?5 DECF4EFC2= 4@?E6IE AC@G:5:?8 G64E@CD 7@C A@E6?E:2= 566A\D62E65 A@CA9JCJ DEJ=6 >:?6C2=:K2E:@? 62DE @7 E96 }@CE9H6DE tIA@ C6D@FC46]k^AmkAm$:8?:7:42?E 8C256 :?E6CG2=D 7C@> E96 7:?2= a_ac 5C:== C6DF=ED 2E }@CE9H6DE tIA@ 2C6 D9@H? :? %23=6 ']k^AmkE23=6 46==DA24:?8lQ_QmkECmkE5mkAmk6>m%23=6 'i }@CE9H6DE tIA@ $:8?:7:42?E x?E6C46AEDk^6>mk^Amk^E5mk^ECmkECmkE5mkAmk6>mw@=6 xsk^6>mk^Amk^E5mkE5mkAmk6>muC@>k^6>mk^AmkAmk6>mW>Xk^6>mk^Amk^E5mkE5mkAmk6>m%@ W>Xk^6>mk^Amk^E5mkE5mkAmk6>mx?E6CG2=k^6>mk^AmkAmk6>mW>Xk^6>mk^Amk^E5mkE5mkAmk6>mpF vC256k^6>mk^AmkAmk6>mW8^EXk^6>mk^Amk^E5mkE5mkAmk6>mrF vC256k^6>mk^AmkAmk6>mWTXk^6>mk^Amk^E5mkE5mkAmk6>m|@ vC256k^6>mk^AmkAmk6>mWTXk^6>mk^Amk^E5mkE5mkAmk6>m#6 vC256k^6>mk^AmkAmk6>mW8^EXk^6>mk^Amk^E5mkE5mkAmk6>mpF tB]k^6>mk^AmkAmk6>mvk^6>mk6>mC256 W8^EXk^6>mk^Amk^E5mkE5mkAmk6>mrF tB]k^6>mk^AmkAmk6>mvC256 WTXk^6>mk^Amk^E5mk^ECmkECmkE5mkAm}(ac\bak^Amk^E5mkE5mkAmbk^Amk^E5mkE5mkAmec]hk^Amk^E5mkE5mkAme']hk^Amk^E5mkE5mkAm_]hak^Amk^E5mkE5mkAm_]a_k^Amk^E5mkE5mkAm_]_'ck^Amk^E5mkE5mkAm_]d_k^Amk^E5mkE5mkAm']'fk^Amk^E5mkE5mkAm_]h'k^Amk^E5mk^ECmkECmkE5mkAmp?5k^Amk^E5mkE5mkAmhhk^Amk^E5mkE5mkAm'gbk^Amk^E5mkE5mkAmgck^Amk^E5mkE5mkAm_]afk^Amk^E5mkE5mkAm_]_ek^Amk^E5mkE5mkAm_]__ak^Amk^E5mkE5mkAm_]_ak^Amk^E5mkE5mkAm_]bbk^Amk^E5mkE5mkAm_]ahk^Amk^E5mk^ECmkECmkE5mkAm}(ac\bbk^Amk^E5mkE5mkAmafk^Amk^E5mkE5mkAmfg]gk^Amk^E5mkE5mkAmd']gk^Amk^E5mkE5mkAm_]bak^Amk^E5mkE5mkAm_]_dk^Amk^E5mkE5mkAm_]_cfk^Amk^E5mkE5mkAm_]__k^Amk^E5mkE5mkAm_]bfk^Amk^E5mkE5mkAm_]bak^Amk^E5mk^ECmkECmkE5mkAm}(ac\bck^Amk^E5mkE5mkAm'dk^Amk^E5mkE5mkAmdd]ck^Amk^E5mkE5mkAmc_]ck^Amk^E5mkE5mkAm_]bbk^Amk^E5mkE5mkAm_]_bk^Amk^E5mkE5mkAm_]__bk^Amk^E5mkE5mkAm_]_ak^Amk^E5mkE5mkAm_]bfk^Amk^E5mkE5mkAm_]afk^Amk^E5mk^ECmkECmkE5mkAmp?5k^Amk^E5mkE5mkAmhf]adk^Amk^E5mkE5mkAm'dbk^Amk^E5mkE5mkAmdd]fdk^Amk^E5mkE5mkAma]a_k^Amk^E5mkE5mkAm_]bhk^Amk^E5mkE5mkAm_]__'k^Amk^E5mkE5mkAm_]_bk^Amk^E5mkE5mkAma]efk^Amk^E5mkE5mkAma]abk^Amk^E5mk^ECmkECmkE5mkAm}(ac\bdk^Amk^E5mkE5mkAm''bk^Amk^E5mkE5mkAm'ggk^Amk^E5mkE5mkAmfdk^Amk^E5mkE5mkAm_]dak^Amk^E5mkE5mkAm_]_dk^Amk^E5mkE5mkAm_]__bk^Amk^E5mkE5mkAm_]'ak^Amk^E5mkE5mkAm_]dhk^Amk^E5mkE5mkAm_]cck^Amk^E5mk^ECmkECmkE5mkAm}(ac\bek^Amk^E5mkE5mkAmghk^Amk^E5mkE5mkAm''hk^Amk^E5mkE5mkAmb_k^Amk^E5mkE5mkAm_]d_k^Amk^E5mkE5mkAm_]_ek^Amk^E5mkE5mkAm_]__'k^Amk^E5mkE5mkAm_]_ak^Amk^E5mkE5mkAm_]dgk^Amk^E5mkE5mkAm_]cbk^Amk^E5mk^ECmk^E23=6mkAm}@E6i x? E23=6 "\" :?5:42E6D 324<8C@F?5 =6G6= 2DD2JD] x?E6CG2=D H6C6 D6=64E65 32D65 @? 4@?E:?F@FD :?E6C46AED H:E9 2 4@AA6C 8C256 23@G6 _]'T rF @C 2 8@=5 8C256 23@G6 _]'8^E pF 4@>3:?65 H:E9 86@=@8:42= :?E6CAC6E2E:@?] %@E2=D >2J ?@E 255 5F6 E@ C@F?5:?8] }(ac\bf 5:5 ?@E :?E6C46AE 64@?@>:42==J D:8?:7:42?E >:?6C2=:K2E:@?]k^AmkAmk6>m}@E6 @? 6BF:G2=6?E 42=4F=2E:@?ik^6>mk^AmkAmk6>mtBF:G2=6?E 8C256D 2C6 42=4F=2E65 2D 7@==@HD[ H9:49 C67=64E E96 5:776C6?46D :? C64@G6C:6D[ A2J23=6D 2?5 >6E2= AC:46D 36EH66? E96 56A@D:ED[ 2D 7FCE96C 56E2:=65 :? E96 r@>A2?J'D C646?E C6D@FC46 6DE:>2E6 7@C E96 }@CE9 xD=2?5 !C@;64E 2D 5:D4=@D65 @? ~4E@36C '_[ a_ac]k^6>mk^AmkF=mk=:mk6>m|6E2= AC:46D @7 rFk^6>m l &$Sc]__^=3[ pF l &$S'[h'_^@K[ 2D H6== 2D |@ l &$Sa'^=3 2?5 #6 l &$S'[fff^<8k^=:mk=:mk6>mrF tB]i r9=@C:E6\>28?6E:E6 Wr|vX 2=E6C2E:@?i rF tB] l rF Z pFY_]gggj }@?\r|vi rF tB] l rF Z pFY_]fbfk^6>mk^=:mk=:mk6>mpF tB]i r|vi pF tB] l pF Z ']'aeYrFTj }@?\r|vi pF tB] l pF Z ']bdgYrFTk^6>mk^=:mk^F=mkAmpE (6DE v@@5DA665 v$ac\'e 4@==2C65 :?E@ >:?6C2=:K2E:@?[ 7FCE96C 4@?7:C>:?8 E96 76CE:=6 6IA=@C2E:@? EC6?5 567:?65 3J E96 }@CE9:D=6 6IA=@C2E:@? E62>] %96 E@A @7 E96 9@=6 :?E6CD64E65 ah> 8C25:?8 _]ca8^E pF[ _]'dT rF H9:49 :?4=F565 _]ceT |@ 2?5 ']cbd8^E #6] %9:4< >@=J356?F>^C96?:F> :?E6C46AED 925 AC6G:@FD=J ?@E 366? 5C:==65 :? E9:D 2C62] pE 56AE9[ v$ac\'e :?E6CD64E65 dh >6E6CD @7 >28?6E:E6\AJC:E6 Z^\ 492=4@AJC:E6 G6:?D 2D 2? :?E6?D6 D966E65 G6:? 2CC2J H:E9 =6DD :?E6?D6 4C@DD\4FEE:?8 G6:?D 7@C>:?8 2 DE@4<H@C<[ EJA:42==J 2DD@4:2E65 H:E9 A@CA9JCJ 4@AA6C\8@=5 >:?6C2=:K2E:@?] $:8?:7:42?E 8C256 :?E6CG2=D 7C@> v$ac\'e 2C6 D9@H? :? %23=6 a[ H9:49 D9@HD E96 4@>A=6E6 a_ac 5C:==:?8 52E2 7C@> (6DE v@@5DA665]k^AmkE23=6 46==DA24:?8lQ_QmkECmkE5mkAmk6>m%23=6 ai (6DE v@@5DA665 $:8?:7:42?E a_ac x?E6C46AEDk^6>mk^Amk^E5mk^ECmkECmkE5mkAmk6>mw@=6 xsk^6>mk^Amk^E5mkE5mkAmk6>muC@>k^6>mk^AmkAmk6>mW>Xk^6>mk^Amk^E5mkE5mkAmk6>m%@ W>Xk^6>mk^Amk^E5mkE5mkAmk6>mx?E6CG2=k^6>mk^AmkAmk6>mW>Xk^6>mk^Amk^E5mkE5mkAmk6>mrF vC256k^6>mk^AmkAmk6>mWTXk^6>mk^Amk^E5mkE5mkAmk6>mpF vC256k^6>mk^AmkAmk6>mW8^EXk^6>mk^Amk^E5mkE5mkAmk6>mp8 vC256k^6>mk^AmkAmk6>mW8^EXk^6>mk^Amk^E5mkE5mkAmk6>m|@ vC256k^6>mk^AmkAmk6>mWTXk^6>mk^Amk^E5mkE5mkAmk6>m#6 vC256k^6>mk^AmkAmk6>mW8^EXk^6>mk^Amk^E5mkE5mkAmk6>mrF tB]k^6>mk^AmkAmk6>mvC256 WTXk^6>mk^Amk^E5mkE5mkAmk6>mpF tB]k^6>mk^AmkAmk6>mvC256 W8^EXk^6>mk^Amk^E5mk^ECmkECmkE5mkAmk6>mv$ac\_ek^6>mk^Amk^E5mkE5mkAmh]ck^Amk^E5mkE5mkAmhb]_k^Amk^E5mkE5mkAmgb]ek^Amk^E5mkE5mkAm_]a_k^Amk^E5mkE5mkAm_]'gk^Amk^E5mkE5mkAm']'gk^Amk^E5mkE5mkAm_]__dk^Amk^E5mkE5mkAm_]af'k^Amk^E5mkE5mkAm_]bgTk^Amk^E5mkE5mkAm_]d'k^Amk^E5mk^ECmkECmkE5mkAm:?4=F5:?8k^Amk^E5mkE5mkAmh]ck^Amk^E5mkE5mkAmeh]ak^Amk^E5mkE5mkAmdh]gk^Amk^E5mkE5mkAm_]aak^Amk^E5mkE5mkAm_]a_k^Amk^E5mkE5mkAm']ack^Amk^E5mkE5mkAm_]__dk^Amk^E5mkE5mkAm_]ah'k^Amk^E5mkE5mkAm_]caTk^Amk^E5mkE5mkAm_]dek^Amk^E5mk^ECmkECmkE5mkAm2?5k^Amk^E5mkE5mkAm'ad]_k^Amk^E5mkE5mkAmabf]_k^Amk^E5mkE5mkAm''a]_k^Amk^E5mkE5mkAm_]a_k^Amk^E5mkE5mkAm_]afk^Amk^E5mkE5mkAm_]a'k^Amk^E5mkE5mkAm_]__hk^Amk^E5mkE5mkAm_]f__k^Amk^E5mkE5mkAm_]cfTk^Amk^E5mkE5mkAm_]eak^Amk^E5mk^ECmkECmkE5mkAmx?4=F5:?8k^Amk^E5mkE5mkAm'bb]_k^Amk^E5mkE5mkAma_']_k^Amk^E5mkE5mkAmeg]_k^Amk^E5mkE5mkAm_]agk^Amk^E5mkE5mkAm_]bgk^Amk^E5mkE5mkAm_]agk^Amk^E5mkE5mkAm_]__hk^Amk^E5mkE5mkAm_]fcbk^Amk^E5mkE5mkAm_]ebTk^Amk^E5mkE5mkAm_]gdk^Amk^E5mk^ECmkECmkE5mkAmk6>mv$ac\_fk^6>mk^Amk^E5mkE5mkAm'b]ak^Amk^E5mkE5mkAm'eg]_k^Amk^E5mkE5mkAm'dc]gk^Amk^E5mkE5mkAm_]abk^Amk^E5mkE5mkAm_]b'k^Amk^E5mkE5mkAm']'hk^Amk^E5mkE5mkAm_]__gk^Amk^E5mkE5mkAm_]dbbk^Amk^E5mkE5mkAm_]dbTk^Amk^E5mkE5mkAm_]f'k^Amk^E5mk^ECmkECmkE5mkAmk6>mv$ac\_gk^6>mk^Amk^E5mkE5mkAm'_d]_k^Amk^E5mkE5mkAm'fc]_k^Amk^E5mkE5mkAmeh]_k^Amk^E5mkE5mkAm_]'hk^Amk^E5mkE5mkAm_]aak^Amk^E5mkE5mkAm_]dek^Amk^E5mkE5mkAm_]__ek^Amk^E5mkE5mkAm_]cbbk^Amk^E5mkE5mkAm_]c_Tk^Amk^E5mkE5mkAm_]dbk^Amk^E5mk^ECmkECmkE5mkAm2?5k^Amk^E5mkE5mkAm'ge]_k^Amk^E5mkE5mkAmb_a]_k^Amk^E5mkE5mkAm''e]_k^Amk^E5mkE5mkAm_]'dk^Amk^E5mkE5mkAm_]'bk^Amk^E5mkE5mkAm_]'hk^Amk^E5mkE5mkAm_]__ek^Amk^E5mkE5mkAm_]bgdk^Amk^E5mkE5mkAm_]ahTk^Amk^E5mkE5mkAm_]bhk^Amk^E5mk^ECmkECmkE5mkAmk6>mv$ac\_hk^6>mk^Amk^E5mkE5mkAm'd']_k^Amk^E5mkE5mkAmafc]_k^Amk^E5mkE5mkAm'ab]_k^Amk^E5mkE5mkAm_]a'k^Amk^E5mkE5mkAm_]'fk^Amk^E5mkE5mkAm_]a'k^Amk^E5mkE5mkAm_]_'_k^Amk^E5mkE5mkAm_]g_gk^Amk^E5mkE5mkAm_]c'Tk^Amk^E5mkE5mkAm_]dck^Amk^E5mk^ECmkECmkE5mkAmk6>mv$ac\'_k^6>mk^Amk^E5mkE5mkAmce]_k^Amk^E5mkE5mkAmade]_k^Amk^E5mkE5mkAma'_]_k^Amk^E5mkE5mkAm_]abk^Amk^E5mkE5mkAm_]ahk^Amk^E5mkE5mkAm']'hk^Amk^E5mkE5mkAm_]__fk^Amk^E5mkE5mkAm_]ccfk^Amk^E5mkE5mkAm_]d_Tk^Amk^E5mkE5mkAm_]efk^Amk^E5mk^ECmkECmkE5mkAm:?4=F5:?8k^Amk^E5mkE5mkAm''_]_k^Amk^E5mkE5mkAm'fg]_k^Amk^E5mkE5mkAmeg]_k^Amk^E5mkE5mkAm_]bfk^Amk^E5mkE5mkAm_]dgk^Amk^E5mkE5mkAm']gbk^Amk^E5mkE5mkAm_]__dk^Amk^E5mkE5mkAm_]ae_k^Amk^E5mkE5mkAm_]geTk^Amk^E5mkE5mkAm']'ck^Amk^E5mk^ECmkECmkE5mkAmk6>mv$ac\''k^6>mk^Amk^E5mkE5mkAm'gd]_k^Amk^E5mkE5mkAma'_]_k^Amk^E5mkE5mkAmad]_k^Amk^E5mkE5mkAm_]'ak^Amk^E5mkE5mkAm_]_ak^Amk^E5mkE5mkAm_]dbk^Amk^E5mkE5mkAm_]__bk^Amk^E5mkE5mkAm_]ahgk^Amk^E5mkE5mkAm_]'fTk^Amk^E5mkE5mkAm_]adk^Amk^E5mk^ECmkECmkE5mkAmk6>mv$ac\'ak^6>mk^Amk^E5mkE5mkAmb_']_k^Amk^E5mkE5mkAmba_]ck^Amk^E5mkE5mkAm'h]ck^Amk^E5mkE5mkAm_]'bk^Amk^E5mkE5mkAm_]'_k^Amk^E5mkE5mkAm_]fck^Amk^E5mkE5mkAm_]__dk^Amk^E5mkE5mkAm_]bdbk^Amk^E5mkE5mkAm_]abTk^Amk^E5mkE5mkAm_]bbk^Amk^E5mk^ECmkECmkE5mkAmk6>mv$ac\'bk^6>mk^Amk^E5mkE5mkAmadc]_k^Amk^E5mkE5mkAmb_d]_k^Amk^E5mkE5mkAmd']_k^Amk^E5mkE5mkAm_]'fk^Amk^E5mkE5mkAm_]'gk^Amk^E5mkE5mkAm_]__ck^Amk^E5mkE5mkAm_]_ck^Amk^E5mkE5mkAm_]'fak^Amk^E5mkE5mkAm_]baTk^Amk^E5mkE5mkAm_]cek^Amk^E5mk^ECmkECmkE5mkAmk6>mv$ac\'dk^6>mk^Amk^E5mkE5mkAmac]_k^Amk^E5mkE5mkAmcc]_k^Amk^E5mkE5mkAma_]_k^Amk^E5mkE5mkAm_]bfk^Amk^E5mkE5mkAm_]'hk^Amk^E5mkE5mkAm_]bbk^Amk^E5mkE5mkAm_]_dfk^Amk^E5mkE5mkAmb]dbhk^Amk^E5mkE5mkAm_]gfTk^Amk^E5mkE5mkAm']aek^Amk^E5mk^ECmkECmkE5mkAm2?5k^Amk^E5mkE5mkAmee]_k^Amk^E5mkE5mkAm'_c]_k^Amk^E5mkE5mkAmbg]_k^Amk^E5mkE5mkAm_]'gk^Amk^E5mkE5mkAm_]''k^Amk^E5mkE5mkAm_]eek^Amk^E5mkE5mkAm_]__ek^Amk^E5mkE5mkAm_]ce_k^Amk^E5mkE5mkAm_]ahTk^Amk^E5mkE5mkAm_]cak^Amk^E5mk^ECmkECmkE5mkAm2?5k^Amk^E5mkE5mkAm'f']_k^Amk^E5mkE5mkAmaad]_k^Amk^E5mkE5mkAmdc]_k^Amk^E5mkE5mkAm_]aak^Amk^E5mkE5mkAm_]'ek^Amk^E5mkE5mkAm_]dck^Amk^E5mkE5mkAm_]_'bk^Amk^E5mkE5mkAm']_eak^Amk^E5mkE5mkAm_]caTk^Amk^E5mkE5mkAm_]e_k^Amk^E5mk^ECmkECmkE5mkAmk6>mv$ac\'ek^6>mk^Amk^E5mkE5mkAma']_k^Amk^E5mkE5mkAmd_]_k^Amk^E5mkE5mkAmah]_k^Amk^E5mkE5mkAm_]'ck^Amk^E5mkE5mkAm_]abk^Amk^E5mkE5mkAm_]cak^Amk^E5mkE5mkAm_]_cfk^Amk^E5mkE5mkAm']dd'k^Amk^E5mkE5mkAm_]dgTk^Amk^E5mkE5mkAm_]gck^Amk^E5mk^ECmk^E23=6mkAmr@AA6C 2?5 8@=5 6BF:G2=6?E 42=4F=2E:@?D 32D65 @? E96 7@==@H:?8 >6E2= AC:46D H9:49 H6C6 FD65 :? E96 r@>A2?J'D a_ac x?E68C2E65 #6D@FC46 tDE:>2E6 7@C }@CE9 xD=2?5i rF l &$Sc]__^=3[ pF l &$S'[h'_^@K[ 2D H6== 2D |@ l &$Sa'^=3[ p8 l &$Sad^@K 2?5 #6 l &$S'[fff^<8] r2=4F=2E:@?D 2DDF>6 '__T C64@G6CJj E@E2=D >2J ?@E 255 5F6 E@ C@F?5:?8] x?E6CG2=D H6C6 D6=64E65 32D65 @? 4@?E:?F@FD :?E6C46AED H:E9 2 4@AA6C 8C256 23@G6 _]'T rF @C 2 8@=5 8C256 23@G6 _]'8^E pF]k^AmkAmk6>m}@E6 @? 6BF:G2=6?E 42=4F=2E:@? 7@C (6DE v@@5DA665ik^6>mk^AmkAmr@AA6C 6BF:G2=6?E :D 56E6C>:?65 3J 42=4F=2E:?8 E@E2= 4@?E2:?65 >6E2= G2=F6 A6C E@??6[ 5:G:5:?8 3J E96 4@AA6C AC:46[ 2?5 E96? 5:G:5:?8 E96 C6DF=E2?E ?F>36C @7 A@F?5D @7 4@AA6C 3J aa_c]e] v@=5 6BF:G2=6?E :D 56E6C>:?65 3J 42=4F=2E:?8 E@E2= 4@?E2:?65 >6E2= G2=F6^E@??6[ 5:G:5:?8 3J E96 8@=5 AC:46[ 2?5 E96? >F=E:A=J:?8 E96 C6DF=E2?E ?F>36C @7 EC@J @F?46D @7 8@=5 3J b']'_b] p?2=JK65 >6E2= 6BF:G2=6?E 42=4F=2E:@?D 2C6 C6A@CE65 7@C :==FDEC2E:G6 AFCA@D6D @?=J 2?5 2DDF>6 '__T C64@G6C:6D 2D >6E2==FC8:42= E6DE:?8 92D ?@E J6E 366? 4@>A=6E65 @? >2E6C:2= 7C@> E96 (6DE v@@5DA665 E2C86E]k^AmkE23=6 46==DA24:?8lQ_QmkECmkE5mkAmk6>m%23=6 bi }@CE9H6DE tIA@ 2?5 (6DE v@@5DA665 a_ac u:?2= sC:== w@=6 r@==2C {@42E:@?Dk^6>mk^Amk^E5mk^ECmkECmkE5mkAmk6>mw@=6 xsk^6>mk^Amk^E5mkE5mkAmk6>m{6?8E9k^6>mk^AmkAmk6>mW>Xk^6>mk^Amk^E5mkE5mkAmk6>m&%|k^6>mk^AmkAmk6>mt2DEk^6>mk^Amk^E5mkE5mkAmk6>m&%|k^6>mk^AmkAmk6>m}@CE9k^6>mk^Amk^E5mkE5mkAmk6>m&%|k^6>mk^AmkAmk6>mt=6G2E:@?k^6>mk^Amk^E5mkE5mkAmk6>mpK:>FE9k^6>mk^Amk^E5mkE5mkAmk6>ms:Ak^6>mk^Amk^E5mk^ECmkECmkE5mkAmk6>m}(ac\bak^6>mk^Amk^E5mkE5mkAma_'k^Amk^E5mkE5mkAmdehdbdk^Amk^E5mkE5mkAmde'h'gdk^Amk^E5mkE5mkAmahbk^Amk^E5mkE5mkAmbbdk^Amk^E5mkE5mkAm\h_k^Amk^E5mk^ECmkECmkE5mkAmk6>m}(ac\bbk^6>mk^Amk^E5mkE5mkAm'dek^Amk^E5mkE5mkAmdehcegk^Amk^E5mkE5mkAmde'h'ehk^Amk^E5mkE5mkAmah_k^Amk^E5mkE5mkAma'_k^Amk^E5mkE5mkAm\fdk^Amk^E5mk^ECmkECmkE5mkAmk6>m}(ac\bck^6>mk^Amk^E5mkE5mkAm'dbk^Amk^E5mkE5mkAmdehbedk^Amk^E5mkE5mkAmde'haaak^Amk^E5mkE5mkAmbbgk^Amk^E5mkE5mkAmbddk^Amk^E5mkE5mkAm\h_k^Amk^E5mk^ECmkECmkE5mkAmk6>m}(ac\bdk^6>mk^Amk^E5mkE5mkAma_fk^Amk^E5mkE5mkAmdeh'c_k^Amk^E5mkE5mkAmde'hag'k^Amk^E5mkE5mkAmbcek^Amk^E5mkE5mkAmb_k^Amk^E5mkE5mkAm\edk^Amk^E5mk^ECmkECmkE5mkAmk6>m}(ac\bek^6>mk^Amk^E5mkE5mkAm'ffk^Amk^E5mkE5mkAmdeh_gdk^Amk^E5mkE5mkAmde'hbbgk^Amk^E5mkE5mkAmbf'k^Amk^E5mkE5mkAmd_k^Amk^E5mkE5mkAm\fdk^Amk^E5mk^ECmkECmkE5mkAmk6>m}(ac\bfk^6>mk^Amk^E5mkE5mkAm'c'k^Amk^E5mkE5mkAmdeh_gak^Amk^E5mkE5mkAmde'hbbhk^Amk^E5mkE5mkAmbfbk^Amk^E5mkE5mkAmb'_k^Amk^E5mkE5mkAm\e_k^Amk^E5mk^ECmkECmkE5mkAmk6>mv$ac\'ek^6>mk^Amk^E5mkE5mkAmbh_k^Amk^E5mkE5mkAmdfbafhk^Amk^E5mkE5mkAmde'ffadk^Amk^E5mkE5mkAmahdk^Amk^E5mkE5mkAmb__k^Amk^E5mkE5mkAm\cdk^Amk^E5mk^ECmk^E23=6mkAm}@E6i AC6G:@FD 4@==2C =@42E:@?D 42? 36 7@F?5 :? }@CE9:D=6'D a_ac 6IA=@C2E:@? AC6DD C6=62D6Di k2 9C67lQ9EEADi^^4ED]3FD:?6DDH:C6]4@>^4E^r%n:5lD>2CE=:?<U2>AjFC=l9EEADTbpTauTau?@CE9:D=6]42Tau?6HD\C6=62D6DTauU2>Aj6D966Eldc'eh'edU2>Aj?6HD:E6>:5la_ac'a'hfc_cdgU2>Aj=2?l6?\&$U2>Aj2?49@Cl9EEADTbpTauTau?@CE9:D=6]42Tau?6HD\C6=62D6DTauU2>Aj:?56Il'U2>Aj>5dl44e'c2f45baff__''c'26d57db_dg5b7Q C6=lQ?@7@==@HQ D92A6lQC64EQm9EEADi^^?@CE9:D=6]42^?6HD\C6=62D6D^k^2m 2?5 2C6 2=D@ D9@H? :? E96 7:8FC6D :?4=F565 36=@H]k^AmkAmk6>ma_ac tI64FE:@? 2?5 a_ad r2E2=JDEDk^6>mk^AmkAm%96 r@>A2?J 92D 6I64FE65 DF446DD7F==J 282:?DE :ED a_ac A=2? 2?5 H:== 4@?E:?F6 25G2?4:?8 E96 }@CE9 xD=2?5 !C@;64E[ H:E9 56G6=@A>6?E 2?5 6IA=@C2E:@? 42E2=JDED :? a_ad =625:?8 E@ >62DFC23=6 :>A24ED 7@C D92C69@=56CD[ :?4=F5:?8 E96 7@==@H:?8ik^AmkF=mk=:mk6>mr~|!{t%tsk^6>m \ v6@A9JD:4D C6DF=ED 7C@> }@CE9H6DE tIA@ 2?5 (6DE v@@5DA665k^=:mk=:mk6>mr~|!{t%tsk^6>m \ }@CE9H6DE tIA@ >6E2==FC8:42= E6DE:?8 2?5 :?:E:2= C6D@FC46 6DE:>2E6k^=:mk=:mk6>mr~|!{t%tsk^6>m \ u:?2= a_ab !6>36CE@? w:==D sC:== #6DF=EDk^=:mk=:mk6>mr~|!{t%tsk^6>m \ r@>>6?46>6?E @7 a_ac 5C:==:?8 AC@8C2>k^=:mk=:mk6>mr~|!{t%tsk^6>m \ !C6=:>:?2CJ !C@;64E %C256\@77Dk^=:mk=:mk6>mr~|!{t%tsk^6>m \ r@>>6?46>6?E @7 25G2?465 64@?@>:4 2?5 E649?:42= DEF5:6Dk^=:mk=:mk6>mr~|!{t%tsk^6>m \ sC:== C6DF=ED 7C@> (6DE v@@5DA665k^=:mk=:mk6>mr~|!{t%tsk^6>m \ x?E68C2E65 }@CE9 xD=2?5 !C@;64E |:?6C2= #6D@FC46 tDE:>2E6k^=:mk=:mk6>mr~|!{t%tsk^6>m \ }@CE9 xD=2?5 !C@;64E #6D@FC46 tDE:>2E6 %649?:42= #6A@CEk^=:mk=:mk6>mr~|!{t%tsk^6>m \ tBF:EJ 7:?2?4:?8k^=:mk=:mk6>mr~|!{t%tsk^6>m \ p55:E:@?2= tIA=@C2E:@? #6DF=ED 7C@> }@CE9H6DE tIA@k^=:mk=:mk6>mr~|!{t%tsk^6>m \ p55:E:@?2= tIA=@C2E:@? #6DF=ED 7C@> (6DE v@@5DA665k^=:mk=:mk6>m"' a_adk^6>m \ }@CE9 xD=2?5 !C@;64E &A52E65 !tpk^=:mk=:mk6>m"'^"a a_adk^6>m - r@>>6?46>6?E @7 a_ad sC:== !C@8C2>k^=:mk=:mk6>m~?8@:?8k^6>m \ r@?E:?F65 C6DA64E7F= 6?8286>6?E H:E9 :?5:86?@FD C:89ED9@=56CD 2?5 =@42= DE2<69@=56CDk^=:mk^F=mkAmk6>m&A4@>:?8 x?G6DE@C tG6?EDk^6>mk^AmkAm%96 r@>A2?J H:== 4@?E:?F6 E@ 36 24E:G6 :? :?G6DE@C @FEC6249] }@CE9:D=6 H:== 36 2EE6?5:?8 D6G6C2= 6IE6C?2= :?G6DE@C 6G6?ED :?4=F5:?8 E96 7@==@H:?8 6G6?ED 5FC:?8 "' a_adik^AmkF=mk=:my2?F2CJ 'c - 'e[ a_adi k6>m%s p??F2= v=@32= |:?:?8 r@?76C6?46k^6>m[ %@C@?E@[ ~}[ r2?252k^=:mk=:my2?F2CJ 'h - a_[ a_adi k6>m'2?4@FG6C #6D@FC46 x?G6DE>6?E r@?76C6?46[k^6>m '2?4@FG6C[ qr[ r2?252k^=:mk=:my2?F2CJ a_ - ab[ a_adi k6>mp|t #@F?5FA[k^6>m '2?4@FG6C[ qr[ r2?252k^=:mk=:mu63CF2CJ b[ a_adi k6>mr2?25:2? rC:E:42= |:?6C2=D ~AA@CEF?:E:6D u@CF>k^6>m[ }6H *@C<[ &?:E65 $E2E6Dk^=:mk=:mu63CF2CJ f - g[ a_adi k6>m(@C=5 ~FE=@@< u:?2?4:2= r@?76C6?46k^6>m[ '2?4@FG6C[ qr[ r2?252k^=:mk=:m|2C49 a - d[ a_adi k6>m!C@DA64E@CD U2>Aj s6G6=@A6CD pDD@4:2E:@? @7 r2?252 W!sprX[k^6>m %@C@?E@[ ~}[ r2?252k^=:mk^F=mkAmk6>m}@CE9H6DE tIA@ sC:== #6DF=E s6E2:=Dk^6>mk^AmkAmpDD2J C6DF=ED 92G6 ?@H 366? C646:G65 7@C 2== 6=6G6? 5C:== 9@=6D 4@>A=6E65 5FC:?8 a_ac @? E96 }@CE9H6DE tIA@ C6D@FC46 2?5 DFCC@F?5:?8 2C62] !C6G:@FD=J F?C6A@CE65 9@=6D :?4=F565 }(ac\ba E9C@F89 }(af\bf] }(ac\ba E@ }(ac\bd H6C6 5C:==65 H:E9 5F2= @3;64E:G6D @7 FA8C25:?8 E96 :?76CC65 C6D@FC46 2?5 255:?8 G:E2= 2AA2C6?E 5@H?\5:A E6IEFC2= 4@?E6IE H:E9:? E96 >:?6C2=:K65 3@5J E@ 3@=DE6C }@CE9:D=6'D 6IA=@C2E:@? >@56=[ 2?5 2:5:?8 E2C86E:?8 7@C 9JA@86?6 A@CA9JCJ >:?6C2=:K2E:@? 2E }@CE9H6DE tIA@ :? a_ad] p== 9@=6D H6C6 @C:6?E65 2?5 5C:==65 7C@> 96=:4@AE6C A25D A=2465 @? E96 DE66A=J 6IA@D65 @FE4C@AD :? E96 C6D@FC46 2C62] %9:D 2C62 :D A@D:E:@?65 E@ E96 ?@CE9 @7 E96 62DE\H6DE =67E\=2E6C2= ?@C>2= 72F=E[ E92E :D E96 D@FE96C? 3@F?52CJ @7 >:?6C2=:K2E:@?] %2<6? 2D 2 H9@=6[ E96 :?\7:== AC@8C2> 4@?7:C>65 E96 6I:DE6?46 2?5 8C256 @7 E96 :?76CC65 C6D@FC46 :? E9:D 2C62 @7 E96 }@CE9H6DE tIA@ 56A@D:E[ H9:=6 :?5:42E:?8 E92E 255:E:@?2= 6IA=@C2E:@? E2C86ED 6I:DE ?62C E96 6I:DE:?8 C6D@FC46]k^AmkF=mk=:m}(ac\ba 5C:== C6DF=ED 2C6 4@?D:DE6?E H:E9 >@56==65 8C256D :? E96 46?EC2=\62DE6C? A@CE:@?D @7 E96 }@CE9H6DE tIA@ C6D@FC46k^=:mk=:m}(ac\bb 4@?7:C>65 E96 DECF4EFC2= :?E6CAC6E2E:@? 56C:G65 7C@> }(ac\b_ H9:49 92D 366? AC6G:@FD=J C6=62D65[ 2=E9@F89 :?E6CD64E65 =@H6C E92? 6IA64E65 8C256D 5F6 E@ 72F=E:?8 2?5 DFC7246 =6249:?8[ 7FCE96C 6?92?4:?8 }@CE9:D=6'D F?56CDE2?5:?8 @7 =2E6 DECF4EFC2= @77\D6ED C6DA@?D:3=6 7@C E96 62DE6C? 2?5 H6DE6C? 6IE6?ED @7 E96 >:?6C2=:K65 3@5Jk^=:mk^F=mkF=mk=:m}(ac\bc :?E6CD64E65 6?4@FC28:?8 9:89\8C256 8@=5 G2=F6D 2DD@4:2E65 H:E9 9:89 8C256 4@AA6C G2=F6DkF=mk=:mp=E6C2E:@? 2?5 >:?6C2=:K2E:@? 2DD@4:2E:@? :?5:42E6D A@E6?E:2= 7@C D:>:=2C=J 9:89 8@=5 8C256D @? DEC:<6 E@ E96 H6DEk^=:mk=:muFCE96C 3@=DE6CD E96 :?E6CAC6E2E:@? 7@C >F=E:A=6 @G6C=2AA:?8 >:?6C2=:K:?8 6G6?ED H:E9:? E96 C6D@FC46 2C62]k^=:mk^F=mk^=:mk=:m}(ac\bd H2D 4@==2C65 E@ E96 H6DE @7 2 ?@H\4@?7:C>65 ?@CE9\D@FE9 72F=E 2?5 5C:==65 62DE6C=J E9C@F89 :E[ :?E6CD64E:?8 >:?6C2=:K2E:@? 4@?D:DE6?E H:E9 9@=6D E@ E96 62DEk^=:mk=:m}(ac\be :?E6CD64E65 2 ?2CC@H6C :?E6C46AE @7 8@=5\6?C:4965 >:?6C2=:K2E:@? H9:49 >2J :?5:42E6 AC@I:>:EJ E@ E96 72F=E\@77D6E >:?6C2=:K2E:@?k^=:mk=:m}(ac\bf 5:5 ?@E 6?4@F?E6C >:?6C2=:K2E:@?[ 3FE 2D H:E9 25;246?E 9@=6D :?5:42E65 E96 6I:DE6?46 @7 2 =67E\=2E6C2=[ H6DE D:56 5@H? ?@C>2= 72F=Ek^=:mk^F=mkAmu:8FC6 ' D9@HD 2 A=2? G:6H @7 E96 5C:==:?8 :? E@52J'D AC6DD C6=62D6 :? 4@?E6IE @7 E96 C6D@FC46 7@@EAC:?E] u:8FC6D a 2?5 b D9@H 4C@DD\D64E:@?2= G:6HD @7 }(ac\bc 2?5 }(ac\bd H:E9 E96 AC@A@D65 A:E 2?5 >:?6C2=:K65 D96== :?4=F565] }@E6 E96 2=E6C2E:@? 2?5 =@42E:@? @7 9:89\8C256 @C6 :? }(ac\bc[ 2D H6== 2D D:>:=2C 2DD@4:2E:@?D 2E E96 3@EE@> @7 }(ac\bd] p=E6C2E:@? 2?5 =:E9@=@8J =@8D 7C@> }(ac\be 2?5 }(ac\bf DF886DE }(ac\bd H2D 9:EE:?8 E96 ?@CE96C? 7C:?86 @7 E96 D2>6 >:?6C2=:K2E:@? DEJ=6 D66? :? }(ac\bc] r@?D:DE6?E DJDE6>2E:4 G2C:2E:@? :? E6IEFC6 2?5 2=E6C2E:@? 24C@DD E96 C6D@FC46 2==@HD 7@C E96 :?E6CAC6E2E:@? @7 2 AC6G:@FD=J F?C64@8?:K65 72F=E 36EH66? }(ac\bd 2?5 E96 C6DE @7 E96 C6D@FC46[ :?5:42E:?8 E96 DJDE6> :D DE:== @A6? :? 3@E9 62DE 2?5 H6DE 5:C64E:@?D]k^AmkAms6E2:=D @7 E96 a_ad 6IA=@C2E:@? A=2? 2E }@CE9H6DE tIA@ H:== 36 @FE=:?65 :? 62C=J "' a_ad]k^AmkAmk6>m(6DE v@@5DA665 sC:== #6DF=E s6E2:=Dk^6>mk^AmkAm%96 =2DE 2DD2J C6DF=ED 7@C (6DE v@@5DA665 2?5 2 5C:== 9@=6 E@ E96 D@FE9 @7 E9:D 2C62 92G6 366? C646:G65] v$ac\'e :D D9@H? :? %23=6 a]k^AmkAmu:8FC6 c D9@HD E96 =@42E:@? @7 5C:==:?8 2E (6DE v@@5DA665 :? E96 4@?E6IE @7 E96 #65 s@8 C6D@FC46 A:E 2D H6== 2D :?E6CAC6E65 72F=E:?8]k^Am kAmv$ac\'e H2D 5C:==65 7C@> E96 D2>6 A25 2D v$ac\'d WAC6G:@FD=J C6A@CE65X H:E9 E96 @3;64E:G6 @7 E6DE:?8 E96 AC6D6?46 @7 2? 62DE6C=J EC6?5:?8 72F=E @3D6CG65 :? E9C66 9@=6D E@ E96 (6DE D@FE9 @7 E96 #65 s@8 s6A@D:E 2?5 H96C6 E96C6 :D 2? 23CFAE 5C@A :? >28?6E:4 :?E6?D:EJ 2D D9@H? :? u:8FC6 d]k^AmkAmpDD2J 8C256D 5C@A 5C2>2E:42==J 2E d_ >6EC6D 56AE9[ 4@:?4:56?E H:E9 2 7@FC\>6EC6 H:56 8@F86 K@?6 7@==@H65 3J D6G6C2= D962C K@?6D H:E9 =2E6 32D2=E 5J<6D 6IA=@:E:?8 E96D6 DECF4EFC6D 4@?7:C>:?8 E96 AC6D6?46 @7 2? 62DE\H6DE 72F=E K@?6] v$ac\'e H2D 5C:==65 E@ H:E9:? a__ >6EC6D @7 E96 #65 s@8 !:E 2?5 36=@H :E[ H:E9:? 2 AC65@>:?2?E=J 9@C?3=6?56\76=5DA2C A@CA9JCJ H:E9 AC@AJ=:E:4 2=E6C2E:@? H:E9 2?@>2=@FD 4@AA6C\8@=5 :?5:42E:?8 >F=E:A=6 >:?6C2=:K:?8 6G6?ED] x? 255:E:@? E@ E96 D:8?:7:42?E :?E6CG2= C6A@CE65 :? %23=6 a] !@DD:3=6 =@42E:@?D 7@C E96 >:?6C2=:K2E:@? 2C6 36?62E9 E96 #65 s@8 56A@D:Ej :? E96 C:89E =2E6C2= @77D6E 72F=E[ 2D DF886DE65 3J E96 >28?6E:4D D9@H? :? u:8FC6 dj 2?5 2E 56AE9 36EH66? v$ac\'_ 2?5 v$ac\'d]k^AmkAms6E2:=D @7 E96 a_ad 6IA=@C2E:@? A=2? 2E (6DE v@@5DA665 H:== 36 @FE=:?65 :? 62C=J "' a_ad]k^AmkAmu:8FC6 e D9@HD 2 56E2:= A9@E@ @7 E96 :?E6?D6 >28?6E:E6\492=4@AJC:E6 G6:? 2CC2J :?E6CD64E65 :? E96 3@EE@> @7 v$ac\'e] u:8FC6 f D9@HD 2? @G6C=J:?8 E6IEFC2==J 56DEC@J65 >28>2E:4\9J5C@E96C>2= DEJ=6 3C644:2[ =:<6 E9@D6 AC6G:@FD=J C64@8?:K65 :? @E96C A@CE:@?D @7 E96 (6DE v@@5DA665 AC@DA64E] s6E2:=65 =@88:?8 DF886DED 2 >2;@C 72F=E H2D :?E6CD64E65 36EH66? E96 FAA6C >:?6C2=:K65 A@CE:@? 2?5 E96 566A6C E6IEFC6D D9@H? :? E96 27@C6>6?E:@?65 7:8FC6D DF886DE:?8 E96 G6:?:?8 4@F=5 36 C6=2E65 E@ 6:E96C #65 s@8 @C (6DE v@@5DA665] %9:D AC@G:56D :>A@CE2?E 6IA=@C2E:@? G64E@CD E92E C6BF:C6 7@==@H\FA :? a_ad E@ 7FCE96C 6IA2?5 E96D6 EH@ >:?6C2=:K65 3@5:6D]k^AmkAmk6>mp55:E:@?2= %649?:42= s6E2:=Dk^6>mk^AmkAmk6>mk6>m{@88:?8[ $2>A=:?8 2?5 pDD2J:?8 !C@465FC6D 2?5 "p^"rk^6>mk^6>mk^AmkAm%96 5:2>@?5 5C:== 4@C6 =@88:?8 2?5 D2>A=:?8 AC@8C2> H2D 42CC:65 @FE F?56C 2 C:8@C@FD BF2=:EJ 2DDFC2?46 ^ BF2=:EJ 4@?EC@= W"p^"rX AC@8C2>] sC:== :?E6CD64E:@?D :? E9:D C6=62D6 2C6 EJA:42==J w" E@ '__ > 2?5 }" E96C627E6C E@ E96 6?5 @7 9@=6D] p7E6C 5C:==:?8[ 4@C6 H2D =@8865 7@C 86@=@8J[ DECF4EFC6[ 2?5 86@E649?:42= 492C24E6C:DE:4D FE:=:K:?8 v6@DA2C<© 4@C6 =@88:?8 D@7EH2C6[ E96? >2C<65 7@C D2>A=:?8 2?5 A9@E@8C2A965 @? D:E6] %96 4@C6D 7@C 2?2=JD6D H6C6 >2C<65 7@C D2>A=:?8 32D65 @? 86@=@8:42= :?E6CG2=D H:E9 :?5:G:5F2= D2>A=6D b > @C =6DD :? =6?8E9] sC:== 4@C6 H2D 4FE =6?8E9H:D6 :? 92=7 H:E9 2 4@C6 D2H] w2=7\4@C6 H2D D6?E 7@C 2DD2JD C6A@CE65 :? E9:D ?6HD C6=62D6] !C:@C E@ 4FEE:?8 4@C6 7@C 2DD2J 3F=< 56?D:EJ H2D 2=D@ 56E6C>:?65 @? D:E6 3J E2<:?8 'd E@ a_ 46?E:>6EC6D W4>X =6?8E9D @7 H9@=6 4@C6 @7 6249 =:E9@=@8J 2E '_ > :?E6CG2=D] %96 6?5D @7 E96D6 H6C6 E96? 4FE 2E C:89E 2?8=6 E@ E96 4@C6 2I:D[ C6E2:?:?8 2== A:646D E@ 36 C6EFC?65 E@ E96 4@C6 3@I 7@C =2E6C D2>A=6 4FEE:?8 2?5 2?2=JD:D] %96 5:2>6E6C @7 6249 4@C6 D2>A=65 7@C 3F=< 56?D:EJ H2D >62DFC65 2E 6249 6?5 H:E9 5:8:E2= 42=:A6CD E@ b 564:>2= A=246D 2?5 C64@C565] %96 =6?8E9 @7 E96 4@C6 H2D >62DFC65 @? 7@FC D:56D 2E h_ 568C66D E@ 6249 @E96C[ E@ a 564:>2= A=246D 2?5 C64@C565] %96 D@7EH2C6 2G6C2865 E96 =6?8E9D 2?5 5:2>6E6CD] %96 >2DD @7 E96 5CJ 4@C6 H2D >62DFC65 EH:46 @? 2? ~92FD© 32=2?46 E@ a 564:>2= A=246D] x7 ?@ 5:D4C6A2?4J @44FCC65 E96 >62DFC6>6?E H2D C64@C565] x7 E96C6 H2D 2 5:D4C6A2?4J E96 >62DFC:?8 H2D C6A62E65 F?E:= ?@ 5:D4C6A2?4J 36EH66? a >62DFC6>6?ED @44FCC65] %96 56?D:EJ H2D 42=4F=2E65 FD:?8 E96 7@C>F=2 qF=< s6?D:EJ l π E:>6D C² E:>6D 9 WH96C6 C :D C25:FD @7 4@C6 2?5 9 :D =6?8E9 @7 4@C6X] r6CE:7:65 DE2?52C5 >2DD6D 2C6 FD65 E@ 42=:3C2E6 E96 D42=6 32=2?46 FD65 7@C 3F=< 56?D:EJ 56E6C>:?2E:@?D] %96 32=2?46 :? E96 4@C6 =@88:?8 2C62 H2D =6G6==65 @? 2 =2C86 4@?4C6E6 3=@4< E@ 2G@:5 G:3C2E:@?[ H2D =6G6=65[ 2?5 DFCC@F?565 3J 2 H@@56? A2CE:E:@? E@ 2G@:5 H:?5 27764E:?8 E96 32=2?46] %96 >62DFC6>6?ED H6C6 C64@C565 :? v6@DA2C<© =@88:?8 D@7EH2C6 2?5 qF=< s6?D:EJ 42=4F=2E65 E@ a 564:>2= A=246D]k^AmkAmp E@E2= @7 dT 2DD2J DE2?52C5D @C 3=2?<D 2?5 dT 4@C6 5FA=:42E6D 2C6 :?4=F565 :? E96 D2>A=6 DEC62> 2D 2 BF2=:EJ 4@?EC@= >62DFC6 2?5 2C6 C6G:6H65 27E6C 2?2=JD6D 2C6 C646:G65] $E2?52C5D H6C6 @3E2:?65 7C@> (r| |:?6C2=D[ '2?4@FG6C[ rs} |:?6C2=D[ {2?8=6J 2?5 ~#tp$[ r2?252] q=2?<D H6C6 @3E2:?65 7C@> F?>:?6C2=:K65 4@FCD6 328865 =:>6DE@?6 =2?5D42A:?8 C@4<] $E2?52C5D 2?5 3=2?<D :? a_ab 5C:== C6DF=ED E@ 52E6 92G6 366? 2AAC@G65 2D 2446AE23=6] sFA=:42E6 52E2 255 E@ E96 =@?8\E6C> 6DE:>2E6D @7 AC64:D:@? 7@C 2DD2J 52E2 @? E96 AC@;64E 2?5 AC64:D:@? 7@C 5C:== C6DF=ED C6A@CE65 :D 566>65 E@ 36 H:E9:? 2446AE23=6 =6G6=D] $2>A=6D H6C6 D6?E E@ E96 |$p{pq$ :? {2?8=6J[ qr H96C6 E96 D2>A=6D H6C6 5C:65[ E96? 4CFD965[ DA=:E 2?5 2 ad_ 8C2> W8X DA=:E H2D AF=G6C:K65 E@ gdT A2DD:?8 \a__ >6D9 W\fd >:4C@>6EC6D Wµ>XX D:K6 AF=AD] r=62? 4CFD9 >2E6C:2= H2D A2DD65 E9C@F89 E96 4CFD96C 2?5 4=62? D:=:42 H2D AF=G6C:K65 36EH66? 6249 D2>A=6] %96 AF=AD H6C6 2?2=JK65 7@C 8@=5 3J 7:C6 2DD2J 7FD:@? @7 d_ 8 @7 E96 ad_ 8 DA=:E] %@E2= 8@=5 4@?E6?E H2D 56E6C>:?65 3J 5:86DE:?8 E96 D:=G6C 5@Cé 3625 7C@> E96 7FD:@? 2?5 E96? 2?2=JD:?8 3J pp W|$p r@56 up$\'a'X] p== D2>A=6D H6C6 2=D@ 2?2=JK65 7@C >F=E:A=6 6=6>6?ED 3J E2<:?8 2 _]ad 8 @7 E96 ad_8 DA=:E H9:49 H2D 962E65 :? w}~b[ wr=~c 2?5 wu E@ 7F>:?8 2?5 E2<6? E@ 5CJ?6DD] %96 C6D:5F6 H2D 5:DD@=G65 :? wr= 2?5 E96? 2?2=JK65 FE:=:K:?8 xr!\|$ W|$p r@56 x|$\ab_X] p?J DF=A9FC 2?2=JD:D 7C@> E9:D =2EE6C 2?2=JD:D H:E9 2 G2=F6 8C62E6C E92? '_T H2D C62?2=JK65 FE:=:K:?8 2 {64@ DF=7FC 2?2=JK6C] xC@? 2?5 %F?8DE6? 2446=6C2E@CD 2C6 25565 E@ E96 D2>A=6 2?5 2 DEC62> @7 @IJ86? :D A2DD65 @G6C E96 D2>A=6 :? E96 :?5F4E:@? 7FC?246] pD E96 D2>A=6 :D 962E65[ DF=7FC 5:@I:56 C6=62D65 7C@> E96 D2>A=6 :D >62DFC65 3J 2? x# 56E64E:@? DJDE6> 2?5 E96 %@E2= $F=A9FC 4@?E6?E :D 56E6C>:?65] W|$p r@56 $!|\a'_X] |$p{pq$ W{2?8=6JX :D 2? :?56A6?56?E[ :?E6C?2E:@?2= x$~^xtr 'f_adia__d 244C65:E65 =23@C2E@CJ]k^AmkAm!F=AD 2?5 C6;64ED @7 9@=6D H:E9 D:8?:7:42?E 2DD2J :?E6CG2=D 2C6 DE@C65 2E (6DE6C? |:?6C2= $E@C286] %96 C6>2:?:?8 DA=:E 4@C6 :D :?56I65 2?5 DE@C65 2E }@CE9:D=6 =@88:?8 2?5 @77:46 724:=:EJ :? !@CE w2C5J[ qr]k^AmkAmsC:== #6DF=ED :? E9:D ?6HD C6=62D6 2C6 =6?8E9 H6:89E65 2G6C286D]k^AmkAmk6>mk6>m"F2=:7:65 !6CD@?D 2?5 s2E2 '6C:7:42E:@?k^6>mk^6>mk^AmkAm#@3:? %@=36CE[ !]v6@][ ':46 !C6D:56?E tIA=@C2E:@? @7 }@CE9:D=6[ 2?5 2 "F2=:7:65 !6CD@? 2D 567:?65 3J }2E:@?2= x?DECF>6?E cb\'_' k6>m$E2?52C5D @7 s:D4=@DFC6 7@C |:?6C2= !C@;64EDk^6>m[ 92D C6G:6H65 2?5 2AAC@G65 E96 D4:6?E:7:4 2?5 E649?:42= 5:D4=@DFC6 4@?E2:?65 :? E9:D ?6HD C6=62D6 2?5 92D G6C:7:65 E96 52E2 5:D4=@D65[ :?4=F5:?8 E96 D2>A=:?8[ 2?2=JE:42= 2?5 E6DE 52E2 F?56C=J:?8 E96 5:D4=@DFC6]k^AmkAmk6>mp3@FE }@CE9:D=6k^6>mk^AmkAm}@CE9:D=6 r@AA6C 2?5 v@=5 x?4] :D 2 '2?4@FG6C\32D65 4@>A2?J H9@D6 >:DD:@? :D E@ 364@>6 r2?252'D =625:?8 DFDE2:?23=6 >:?6C2= C6D@FC46 4@>A2?J 7@C E96 7FEFC6] }@CE9:D=6[ E9C@F89 :ED '__T @H?65 DF3D:5:2CJ }@CE9 xD=2?5 |:?:?8 r@CA][ @H?D E96 }@CE9 xD=2?5 !C@;64E[ H9:49 :D @?6 @7 E96 >@DE AC@>:D:?8 4@AA6C 2?5 8@=5 A@CA9JCJ AC@;64ED :? r2?252] %96 }@CE9 xD=2?5 !C@;64E :D =@42E65 ?62C !@CE w2C5J[ qC:E:D9 r@=F>3:2 @? 2 >@C6 E92? bc[___\964E2C6 3=@4< @7 >:?6C2= E:E=6D '__T @H?65 3J }@CE9:D=6 DEC6E49:?8 d_ <:=@>6EC6D ?@CE9H6DE 7C@> E96 ?@H 4=@D65 xD=2?5 r@AA6C |:?6 @A6C2E65 3J qw! q:==:E@?] }@CE9:D=6 4@>A=6E65 2? FA52E65 AC6=:>:?2CJ 64@?@>:4 2DD6DD>6?E 7@C E96 }@CE9 xD=2?5 !C@;64E :? a_a' 2?5 :D ?@H 7@4FD65 @? 4@?E:?F65 25G2?46>6?E @7 E96 AC@;64E H9:=6 6IA=@C:?8 H:E9:? E9:D 9:89=J AC@DA64E:G6 =2?5 A24<286]k^AmkAmu@C >@C6 :?7@C>2E:@? @? }@CE9:D=6 A=62D6 G:D:E E96 r@>A2?J'D H63D:E6 2E k2 9C67lQ9EEADi^^4ED]3FD:?6DDH:C6]4@>^4E^r%n:5lD>2CE=:?<U2>AjFC=l9EEATbpTauTauHHH]?@CE9:D=6]42U2>Aj6D966Eldc'eh'edU2>Aj?6HD:E6>:5la_ac'a'hfc_cdgU2>Aj=2?l6?\&$U2>Aj2?49@ClHHH]?@CE9:D=6]42U2>Aj:?56IlaU2>Aj>5dl'3c'b4e52aafaga_f56hd26'54e'6hh2Q C6=lQ?@7@==@HQ D92A6lQC64EQmHHH]?@CE9:D=6]42k^2m]k^AmkAmk6>mr2FE:@?2CJ }@E6 #682C5:?8 p5;246?E 2?5 w:DE@C:42= !C@A6CEJ s:D4=@DFC6k^6>mk^AmkAmk6>m%9:D ?6HD C6=62D6 4@?E2:?D :?7@C>2E:@? C682C5:?8 25;246?E 2?5 9:DE@C:42= AC@A6CE:6D 2?5 56A@D:ED] x?G6DE@CD 2C6 42FE:@?65 E92E 25;246?E >:?6C2= 56A@D:ED @C DJDE6>D[ @C A2DE A6C7@C>2?46 @7 9:DE@C:42= >:?6D[ 5@ ?@E ?646DD2C:=J :?5:42E6 2?5 46CE2:?=J 5@ ?@E AC@G6 E96 6I:DE6?46[ ?2EFC6 @C 6IE6?E @7 >:?6C2= 56A@D:ED @? E96 }@CE9 xD=2?5 !C@;64E]k^6>mk^AmkAmk6>mr2FE:@?2CJ $E2E6>6?ED C682C5:?8 u@CH2C5\{@@<:?8 x?7@C>2E:@?k^6>mk^AmkAmk6>mr6CE2:? :?7@C>2E:@? :? E9:D ?6HD C6=62D6 4@?DE:EFE6D 7@CH2C5\=@@<:?8 DE2E6>6?ED F?56C 2AA=:423=6 D64FC:E:6D =2H] p?J DE2E6>6?ED E92E 2C6 4@?E2:?65 :? E9:D ?6HD C6=62D6 E92E 2C6 ?@E DE2E6>6?ED @7 9:DE@C:42= 724E >2J 36 566>65 E@ 36 7@CH2C5\=@@<:?8 DE2E6>6?ED] u@CH2C5\=@@<:?8 DE2E6>6?ED 2C6 @7E6? :56?E:7:65 3J E6C>D DF49 2D ">2J"[ "D9@F=5"[ "2?E:4:A2E6"[ "6IA64E"[ ":?E6?5" 2?5 D:>:=2C 6IAC6DD:@?D] u@CH2C5\=@@<:?8 DE2E6>6?ED :? E9:D ?6HD C6=62D6 :?4=F56[ 3FE 2C6 ?@E =:>:E65 E@[ DE2E6>6?ED C6=2E:?8 E@ E96 |#tj A=2?D 2?5 6IA64E2E:@?D C682C5:?8 E96 a_ac @C a_ad 6IA=@C2E:@? AC@8C2>j A=2?D 2?5 6IA64E2E:@?D C682C5:?8 7FEFC6 AC@;64E 56G6=@A>6?Ej E:>:?8 @7 <6J 42E2=JDEDj A=2??65 24E:G:E:6D[ :?4=F5:?8 7FCE96C 5C:==:?8[ 2E E96 }@CE9 xD=2?5 !C@;64Ej E96 r@>A2?J'D 2?E:4:A2E65 6IA=@C2E:@? 24E:G:E:6Dj 2?5 E96 r@>A2?J'D A=2?D 7@C 25G2?46>6?E @7 E96 }@CE9 xD=2?5 !C@;64E] u@CH2C5\=@@<:?8 DE2E6>6?ED ?646DD2C:=J :?G@=G6 <?@H? 2?5 F?<?@H? C:D<D[ :?4=F5:?8[ H:E9@FE =:>:E2E:@?[ }@CE9:D=6'D 23:=:EJ E@ :>A=6>6?E :ED 3FD:?6DD DEC2E68:6Dj C:D<D 2DD@4:2E65 H:E9 >:?6C2= 6IA=@C2E:@? 2?5 AC@5F4E:@?j C:D<D 2DD@4:2E65 H:E9 86?6C2= 64@?@>:4 4@?5:E:@?Dj 25G6CD6 :?5FDECJ 6G6?EDj DE2<69@=56C 6?8286>6?Ej >2C<6E:?8 2?5 EC2?DA@CE2E:@? 4@DEDj =@DD @7 >2C<6EDj G@=2E:=:EJ @7 4@>>@5:EJ AC:46Dj :?23:=:EJ E@ 2446DD DF77:4:6?E 42A:E2= 7C@> :?E6C?2= 2?5 6IE6C?2= D@FC46D[ 2?5^@C :?23:=:EJ E@ 2446DD DF77:4:6?E 42A:E2= @? 72G@FC23=6 E6C>Dj :?5FDECJ 2?5 8@G6C?>6?E C68F=2E:@?j 492?86D :? =68:D=2E:@?[ :?4@>6 E2I 2?5 C68F=2E@CJ >2EE6CDj 4@>A6E:E:@?j 4FCC6?4J 2?5 :?E6C6DE C2E6 7=F4EF2E:@?Dj 2?5 @E96C C:D<D] #6256CD 2C6 42FE:@?65 E92E E96 7@C68@:?8 =:DE :D ?@E 6I92FDE:G6]k^6>mk^AmkAmk6>m#6256CD 2C6 7FCE96C 42FE:@?65 ?@E E@ A=246 F?5F6 C6=:2?46 @? 7@CH2C5\=@@<:?8 DE2E6>6?ED 2D E96C6 42? 36 ?@ 2DDFC2?46 E92E E96 A=2?D[ :?E6?E:@?D[ @C 6IA64E2E:@?D FA@? H9:49 E96J 2C6 A=2465 H:== @44FC] $F49 :?7@C>2E:@?[ 2=E9@F89 4@?D:56C65 C62D@?23=6 3J >2?286>6?E 2E E96 E:>6 @7 AC6A2C2E:@?[ >2J AC@G6 E@ 36 :?4@CC64E 2?5 24EF2= C6DF=ED >2J 5:776C >2E6C:2==J 7C@> E9@D6 2?E:4:A2E65] u@CH2C5\=@@<:?8 DE2E6>6?ED 4@?E2:?65 :? E9:D ?6HD C6=62D6 2C6 6IAC6DD=J BF2=:7:65 3J E9:D 42FE:@?2CJ DE2E6>6?E]k^6>mk^AmkAmk6>m%96 7@CH2C5\=@@<:?8 DE2E6>6?ED 4@?E2:?65 :? E9:D ?6HD C6=62D6 C6AC6D6?E E96 6IA64E2E:@?D @7 >2?286>6?E @7 }@CE9:D=6 2D @7 E96 52E6 @7 E9:D ?6HD C6=62D6[ 2?5[ 244@C5:?8=J[ 2C6 DF3;64E E@ 492?86 27E6C DF49 52E6] }@CE9:D=6 5@6D ?@E F?56CE2<6 2?J @3=:82E:@? E@ FA52E6 @C C6G:D6 2?J 7@CH2C5\=@@<:?8 DE2E6>6?ED[ H96E96C 2D 2 C6DF=E @7 ?6H :?7@C>2E:@?[ 7FEFC6 6G6?ED @C @E96CH:D6[ 6I46AE 2D 6IAC6DD=J C6BF:C65 3J 2AA=:423=6 D64FC:E:6D =2H]k^6>mk^AmkAmk6>m}6:E96C E96 %$) '6?EFC6 tI492?86 ?@C :ED #68F=2E:@? $6CG:46D !C@G:56C W2D E92E E6C> :D 567:?65 :? E96 A@=:4:6D @7 E96 %$) '6?EFC6 tI492?86X 2446AED C6DA@?D:3:=:EJ 7@C E96 256BF24J @C 244FC24J @7 E9:D ?6HD C6=62D6]k^6>mk^AmkAm':6H D@FC46 G6CD:@? @? k2 9C67lQ9EEAi^^3FD:?6DDH:C6]4@>Qm3FD:?6DDH:C6]4@>k^2mik2 9C67lQ9EEADi^^HHH]3FD:?6DDH:C6]4@>^?6HD^9@>6^a_ac'a'hfc_cdg^6?^Q C6=lQ?@7@==@HQm9EEADi^^HHH]3FD:?6DDH:C6]4@>^?6HD^9@>6^a_ac'a'hfc_cdg^6?^k^2mk^AmkAmr~}%pr%i ~? 3692=7 @7 }@CE9:D=6 r@AA6C 2?5 v@=5 x?4]}:49@=2D '2? sJ<[ rupk^AmkAmr9:67 u:?2?4:2= ~77:46Ck^AmkAm%6=i WffgX edd\hdgak^AmkAmt>2:=i:?7@o?@CE9:D=6]42k^AmkAmk2 9C67lQ9EEAi^^HHH]?@CE9:D=6]42QmHHH]?@CE9:D=6]42k^2mk^AmkAmzt*(~#si }~#%w p|t#xrp rp}pspk^AmkAmx}s&$%#* zt*(~#si }p%&#p{ #t$~&#rt$ ~%wt# }p%&#p{ #t$~&#rt$ |x}x}v^|x}t#p{$k^AmkAm$~&#rti }@CE9:D=6 r@AA6C 2?5 v@=5 x?4]k^AmkAmr@AJC:89E qFD:?6DD (:C6 a_ac]k^AmkAm!&qi 'a^'h^a_ac _eidf p|^sx$ri 'a^'h^a_ac _eidg p|k^AmkAmk2 9C67lQ9EEAi^^HHH]3FD:?6DDH:C6]4@>^?6HD^9@>6^a_ac'a'hfc_cdg^6?Qm9EEAi^^HHH]3FD:?6DDH:C6]4@>^?6HD^9@>6^a_ac'a'hfc_cdg^6?k^2mk^Am