Thairobbin multiple streamsofincome

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Các Dự án Kinh Doanh của Thái Robbin:
-Giáo Dục trẻ thông minh sớm Glenn Doman:http://hoithaoglenndoman.com/?i=ehKsZHgH7Me
-Thiết Kế web Kiếm tiền: http://thietkeweb.kienthuchay.net/?i=ehIJWyRThgk
-Xây dựng cộng đồng kiến thức hay:http://kienthuchay.net/tuyendung/?i=ehHaCNMeG
-Xây Dựng Chuỗi Cafe Kiến Thức hay
-Kinh doanh đồng phục cho cộng đồng Kiến Thức Hay.
Và Những dự án lớn khác,các anh chị nào muốn hợp tác và đồng hành tìm hiểu theo thông tin:
Liên Hệ HotLine: 090.678.5753 (Manager & Director Thái Robbin)
Facebook: http://www.facebook.com/ThaiRobbin
Web: http://thairobbin.blogspot.com

Công ty Kiến Thức Hay đang triển khai chương trình Ưu Đãi đặc biệt : GIẢM 70% HỌC PHÍ TRỌN KHÓA HỌC.
Vì vậy, nếu các học viên đăng ký học trong khóa 6 này chỉ phải đầu tư số tiền là 600.000 đ cho 7 buổi đào tạo chính thức từ CEO Zigzig Long & 10 Buổi Huấn luyện Cầm tay Chỉ Việc ..
Nội Dung Đào tạo :
Buổi 1 : Cơ Bản
Buổi 2 : Nâng cao
Buổi 3 : Chuyên sâu
link tìm hiểu: http://thietkeweb.kienthuchay.net/?i=ehIJWyRThgk

BONUS đặc biệt 4 buổi
- 1 buổi Đào tạo : Affiliate mnarketing
- 1 buổi Đào tạo : Facebook - cách kiếm tiền NHIỀU từ MXH Facebook
- 1 buổi Đào tạo: Đàu tư ONLINE - Kênh đầu tư mới hiệu quả cao
- 1 Buổi Đào tạo chuyên sâu : CHIẾN LƯỢC XÂY DỰNG HỆ THỐNG THƯƠNG HIỆU CÁ NHÂN BỀN VỮNG..


tham khảo nội dung tại link sau nhé : http://thietkeweb.kienthuchay.net/?i=ehIJWyRThgk

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Thairobbin multiple streamsofincome

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  5. 5. 5• ,87=+8:+91>D+8:+dNKFFF+8+A8B+74CD3+<7;9+B;17+;L=+D;96I+• 08?6+8=+6M378+d]FKFFF+3;+dNFFKFFF+8+B687+<;7+24<6I+• W67D85:+6J6=+H6>;96+8+24<63496+9123494224;=8476I++TD83+L422+822+;<+3D4:+C63+<;7+B;1e+)+24<6:3B26+3D83+C4J6:+B;1+3D6+<766A;9+3;+A;+LD83+B;1+L8=3K+LD6=+B;1+L8=3K+8=A+L43D+LD;96J67+B;1+L8=3I+++08::4J6+1>>6::K++*;H673+@I+)226=+01234526+37689:+;<+$=>;96++
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  7. 7. 79;:3K+B;1^76+>;=<1:6A+8=A+<71:37836A+8=A+L;=A674=C+LD83+3;+A;K+LD676+3;+317=+=6M3I+T622K+$+D8J6+9;76+C;;A+=6L:U+(D6+8=:L67:+876+4=+3D4:+H;;?I++0;=6B+4:+;=6+;<+3D6+9;:3+495;738=3+:1H_6>3:+3;+:31AB+4=+B;17+6=3476+24<6I+;96+;<+24<6^:+C76836:3+6=_;B96=3:+8=A+9;:3+;<+24<6^:+C76836:3+A4:855;4=396=3:+:369+<7;9+3D6+A6>4:4;=:+B;1+98?6+8H;13+9;=6BI+TD63D67+B;1+6M56746=>6+C7683+568>6+;<+94=A+;7+>;=:38=3+8=M463B+L422+A656=A+;=+LD63D67+B;1+C63+B;17+<4=8=>6:+1=A67+>;=37;2I+Y;17+762834;=:D45:K+L422+H6+C76832B+8<<6>36AK+3;;I+$=+<8>3K+9;:3+A4J;7>6:+4=+;17+:;>463B+76:123+<7;9+A4:8C76696=3:+8H;13+9;=6BI+(D1:K+1=A67:38=A4=C+9;=6B+Z+D;L+3;+98?6+43+8=A+?665+43+Z4:+8H:;21362B+6::6=3482+3;+B;17+24<6K+3;+B;17+762834;=:D45:K+3;+B;17+D8554=6::K+3;+B;17+<13176I++;96+56;526+:669+3;+H6+=8317822B+C;;A+83+98=8C4=C+9;=6BI+(D6+dN+94224;=+<2;L+3D7;1CD+3D647+<4=C67:K+8=A+3D6B+:669+3;+?=;L+D;L+3;+?665+:;96+;<+43+6J6=+98?6+43+C7;L+Z4=+:;96+>8:6:K+8+D1=A76A<;2A+9;76+3D8=+3D6+8J678C6+567:;=I+-;+3D6:6+56;526+L;7?+NFF+3496:+D87A67e+)76+3D6B+NFF+3496:+:987367e+.<+>;17:6+=;3I+(D6B+_1:3+?=;L+D;L+3;+528B+3D6+C896I+Y;1+:66K+9;=6B+4:+8+C896K+82H643+8+J67B+495;738=3+;=6I+$<+B;1+?=;L+3D6+7126:K+B;1+L4=U+4<+B;1+A;=^3+?=;L+3D6+7126:K+B;1+2;:6I+):+5DB:4>48=+@6;7C6+-8J4A+:84AU++<,$+&!1.!<,-!.=$++!,))#(&.!/(#2%",!*1>!(,.%+&.?!!/#@,(&A!1.!<,-!*1>!,))#(&.!/(#2%",!.=$++!(,.%+&.?!+
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fTDB+91234526+:37689:eg+(;+8=:L67+3D83+V16:34;=K+$^22+8:?+8=;3D67U+[;L+98=B+:37689:+;<+4=>;96+A4A+43+38?6+4=+3D6+NG]F^:+<;7+9;:3+<894246:+3;+:17J4J6+Z+6J6=+
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  13. 13. 13:6>1743BIg++(D4:+98B+=;3+H6+3D6+6M>434=C+C63!74>D!V14>?+78HH43K+H13+3D6+3;73;4:6+281CD:+:2;L2B+822+3D6+L8B+3;+3D6+H8=?I++;K+L43D+3D83+3;73;4:6+96=38243B+<4792B+4=+528>6K+263:+:3873+H142A4=C+:;96+:56>4<4>+528=:+<;7+3D6+<13176I++6334=C+:;96+:56>4<4>+8=A+76824:34>+<4=8=>482+C;82:I++X47:3+;<+822K+B;1+D8J6+<4J6+A6>4:4;=:+3;+98?6+8H;13+B;17+9;=6B+:66A:U++NI (87C63U+[;L+91>D+3;382+9;=6B+L;12A+B;1+24?6+3;+8>>1912836e+EI )9;1=3U+[;L+98=B+A;2287:+8+A8B+>8=+B;1+:V166i6+;13+;<+B;17+24<6e+bI *836U+TD83+4=3676:3+7836+>8=+B;1+687=+;=+B;17+4=J6:36A+A;2287:e+`I (496U+TD6=+L;12A+24?6+3;+768>D+B;17+C;82e+]I W175;:6U+TD83+4:+B;17+<4=8=>482+5175;:6e++X;7+6M89526K+:155;:6+B;1+A6>4A6+B;1+L8=3+8+dN+94224;=+A;2287+=6:3+6CC+4=+EF+B687:I++Y;17+5175;:6+4:+3;+V143+B;17+_;H+8=A+:56=A+B;17+24<6+L;7?4=C+L43D+3D6+B;13D+4=+B;17+>D17>DI++08?6+:176+B;1+:56=A+:;96+V18243B+3496+8:?4=C+B;17:62<+3D6:6+V16:34;=:I++fTDB+A;+$+76822B+L8=3+3D4:+9;=6Be++TD83+4:+9B+12349836+5175;:6eg++Y;17+9;=6B98?4=C+L422+H6+91>D+9;76+:1>>6::<12+8=A+968=4=C<12+4<+B;1+D8J6+8+>2687+5175;:6I++$<+43^:+_1:3+f3;+98?6+8+2;3+;<+9;=6BKg+B;1+98B+<4=A+B;17:62<+;=6+A8B+L43D+8+2;3+;<+9;=6BK+L;=A674=CK+f$:+3D4:+822+3D676+4:eg++
  14. 14. 01234526+37689:+;<+$=>;96+"14>?!3873+@14A6+ 14(D6+;;=67+B;1+:3873K+3D6+74>D67+B;1+876+4996A48362Bc++[6BK+L843+8+94=136c++(D4:+:;1=A:+3;;+C;;A+3;+H6+3716c++)+<6L+A;2287:+8+A8B+8=A+B;1+>8=+H6>;96+8+94224;=8476e++$<+3D4:+4:+:;+68:BK+LDB+876=^3+822+;<+1:+94224;=8476:e++T622K+3D6+3713D+4:K+L6+822+>;12A+H6+94224;=8476:K+H13+9;:3+;<+1:+28>?+3D6+:49526+A4:>4524=6+3;+98?6+:9822+A842B+A65;:43:+;J67+2;=C+5674;A:+;<+3496I++)=A+3D6=K+;<+>;17:6K+L6+57;>78:34=836+C6334=C+:38736AI++-;+43+=;LI++-;+43+76C12872BI++.=6+<4=82+L;7AU+>;=:4:36=>BI++[;L+91>D+B;1+4=J6:3+4:+=;3+8:+495;738=3+8:+>;=:4:36=32B+4=J6:34=C+3D83+89;1=3+;J67+8+2;=C+5674;A+;<+3496I++$<+B;1+94::+8+58B96=3+;7+3L;K+=;+H4C+A682I++13+263+96+3622+B;1+LD83+D8556=:+LD6=+B;1+96::+L43D+3D6+<;79128:I++155;:6+B;1+>;12A+4=J6:3+dEFF+9;=3D+<;7+EF+B687:+L43D+8+387C63+7836+;<+76317=+;<+EF+567>6=3I++Y;1+876+57633B+C;;A+83+:;>?4=C+3D6+9;=6B+8L8B+<;7+8+<6L+9;=3D:K+8=A+3D6=+B;1+768A+8=+8A+4=+3D6+58567+<;7+8+C7683+A682+;=+8+=6L+>87I++$=+;7A67+3;+H6+8H26+3;+8<<;7A+3D6+=6L+>87K+B;1+A6>4A6+3;+2;L67+B;17+:8J4=C:+7836+<7;9+dEFF+8+9;=3D+3;+dNFF+8+9;=3DI++$=+EF+B687:K+4=:368A+;<+D8J4=C+dQbEKFFF+:4334=C+4=+3D6+H8=?K+B;1^22+D8J6+;=2B+dbNQKFFF+8=A+8+J67B+;2A+>87I++(D83^:+dbNQKFFF+26::I++$:+B;17+=6L+>87+L;73D+3D83+91>De++$<+B;1+4=J6:3+L4:62B+3;A8BK+B;1^22+H6+8H26+3;+58B+>8:D+<;7+8=B+>87+B;1+L8=3+EF+B687:+<7;9+=;LI++-6<6774=C+C7834<4>834;=+<;7+8+LD426+L422+822;L+B;17+9;=6B+3766+3;+C7;LI++TD6=+B;1+5769831762B+54>?+3D6+<7143+<7;9+B;17+9;=6B+3766K+B;1+:31=3+43^:+C7;L3D+8=A+A789834>822B+76A1>6+3D6+3496+43+38?6:+<;7+B;1+3;+6=_;B+8+<122B+983176AK+<7143!H6874=C+9;=6B+3766I+
  15. 15. 15+TD6=+B;1+2687=+3D6+:6>763:+;<+91234526+:37689:+;<+4=>;96K+6J6=31822B+B;1+L422+H6+8H26+3;+268J6+8+26C8>B+3D83+L422+;1324J6+B;1I++)23D;1CD+268J4=C+8+dNFF+94224;=+<;731=6+98B+H6+3D6+<173D6:3+3D4=C+<7;9+B;17+94=A+3;A8BK+$+6=>;178C6+B;1+3;+498C4=6+LD83+B;17+<13176+94CD3+2;;?+24?6I++$=+3D6+5176:3+:6=:6K+9;=6B+4:+8+:54743182+>;=>653I++$3+>;=384=:+3D6+5;L67+3;+A;+:;+91>D+C;;AI++$98C4=6+3D6+H6=6<43+3D83+B;1+>;12A+57;J4A6+3;+<13176+C7;15:+;<+L;73DB+56;526I++$98C4=6+B;17+;L=+5;:36743B+Z+B;17+;L=+C7683!C7683!C78=A>D42A76=+Z+8+>6=317B+<7;9+=;LI++[;L+>;12A+3D6B+H6=6<43+<7;9+B;17+L4:6+<4=8=>482K+:54743182K+8=A+4=36226>3182+26C8>Be++/;LK+263^:+2;;?+83+3D83+A;2287+H422+;=6+9;76+3496I++(D4:+:49526+9;=6B+:66A+>;=384=:+3D6+5;L67+3;+H26::+B;1+8=A+>;1=326::+<13176+C6=67834;=:I++13+;=2B+4<+B;1^22+:3873+=;LI++(D6+<13176+4:+>;1=34=C+;=+B;1I++)+L6823DB+<13176+4:+8L8434=C+B;1I++$3^:+L;73D+3D6+:8>74<4>6I++*6969H67K+43+822+:3873:+L43D+8+:4=C26+1=43+;<+9;=6BI++/;L+3D83+B;1+D8J6+3D6+74CD3+76:56>3+<;7+68>D+;<+3D;:6+574>626::+9;=6B+:66A:K+263+96+:D;L+B;1+:56>4<4>822B+D;L+3;+317=+68>D+;<+3D69+4=3;+dN+94224;=+9;=6B+3766:I+!!!
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`+D;17:+8+A8B+Z+6J6=+LD426+B;1+:2665I+R8367+$^22+:D;L+B;1+D;L+3;+>76836+3D6:6+:37689:+;<+4=>;96+;=+8+5873!3496+H8:4:K+L;7?4=C+74CD3+<7;9+B;17+;L=+D;96K+1:4=C+243326+;7+=;=6+;<+B;17+;L=+9;=6BK+L43D+<6L+;7+=;+6952;B66:K+1:4=C+:49526K+57;J6=+:B:369:+3D83+76822B+L;7?I++j1:3+8+L;7A+;<+>8134;=+H6<;76+L6+H6C4=I+,8>D+;<+3D6:6+3D766+H7;8A+9;=6B+9;1=384=:+>;=384=:+3D;1:8=A:+;<+26C4349836+;55;731=4346:K+L43D+D1=A76A:+;<+:6587836+9;=6B98?4=C+36>D=4V16:+8=A+A;i6=:+;<+9;=6B98?4=C+<;79128:I+)=B+;=6+;<+3D6+9;1=384=:+>;12A+38?6+B687:+3;+2687=+8=A+98:367I+
  17. 17. 17+(D6+5175;:6+;<+3D4:+H;;?+4:+=;3+3;+C4J6+B;1+8=+6=>B>2;56A4>+C78:5+;<+3D6+6=3476+9;1=384=+78=C6+;<+9;=6BI+$<+B;1^76+24?6+9;:3+56;526K+B;1^76+82768AB+4=1=A836A+L43D+3;;+91>D+4=<;79834;=I+(;;+98=B+T822+37663+j;17=82:+26<3+1=768AK+3;;+98=B+0;=6B+98C8i4=6:+5426A+D4CD+4=+8+>;7=67K+3;;+98=B+<4=8=>482+;<<67:+:31<<6A+4=3;+B;17+9842H;MK+3;;+98=B+L6H+:436:+;J67!H7494=C+L43D+A838K+3;;+98=B+H;;?:+:38>?6A+;=+B;17+=4CD3:38=AK+3;;+98=B+<4=8=>482+8AJ4:;7:+>289;74=C+3;+8AJ4:6+B;1I+$3+>8=+H6+;J67LD6294=CI+W6;526+LD;+876+;J67LD6296A+C6=67822B+A;+=;3D4=CI+):+3D6+:8B4=C+C;6:K+f)+>;=<1:6A+94=A+82L8B:+:8B:+=;Ig++TD6=6J67+B;1+C63+;J67LD6296AK+_1:3+76969H67+3D6+PFSEF+574=>4526U+.=2B+EF+567>6=3+;<+3D6+3D4=C:+B;1+A;+C4J6+B;1+PF+567>6=3+;<+B;17+76:123:I++Y;1+A;=^3+=66A+3;+?=;L+NFF+567>6=3+;<+3D6+<8>3:+8H;13+9;=6BI+Y;1+=66A+3;+?=;L+;=2B+EF+567>6=3+;<+3D6+<8>3:+3D83+L422+C4J6+B;1+PF+567>6=3+;<+B;17+76:123:I+X;>1:4=C+;=+8+<6L+>7434>82+8>34J4346:+L422+C4J6+B;1+6=;79;1:+26J678C6I+Y;17+C;82+4:+3;+H6+>;=<4A6=3+6=;1CD+3;+281=>D+83+268:3+;=6+=6L+4=>;96+:37689+8+B687I+B+A;4=C+3D4:K+B;1^22+C6=67836+898i4=C+76:123:+LD426+829;:3+6J67B;=6+87;1=A+B;1+4:+A7;L=4=C+4=+A63842:+;7+58782Bi6A+L43D+<687I++!!
  18. 18. 01234526+37689:+;<+$=>;96+"14>?!3873+@14A6+ 18&CD!(DEF!,GHEHD!=IJKHELK++X;7+6M89526K+263^:+38?6+3D6+7682+6:3836+9;1=384=I+(D4:+4:+8+37696=A;1:2B+495;738=3+546>6+;<+B;17+24<62;=C+<4=8=>482!<766A;9+528=I+(D676+876+D1=A76A:+;<+H;;?:+;=+D;L+3;+98?6+9;=6B+4=+7682+6:3836I+$+:D;12A+?=;LI+$^J6+L74336=+3D766+;<+3D69I+,8>D+;<+3D6:6+H;;?:+4:+<4226A+L43D+A;i6=:+;<+:37836C46:K+36>D=4V16:+8=A+345:I+"1436+<78=?2BK+3D676+4:+3;;+91>D+3;+?=;LI+$^J6+H66=+:31AB4=C+3D6+7682+6:3836+<462A+<;7+EF+B687:+8=A+$^22+=6J67+?=;L+43+822I++[;L6J67K+8=B;=6+>8=+?=;L+6=;1CD+3;+38?6+8>34;=K+H6>81:6+8=B+H78=>D+;<+7682+6:3836+4=J6:34=C+H;42:+A;L=+3;+3D6+EF+567>6=3+;<+4=<;79834;=+3D83+C4J6:+B;1+PF+567>6=3+;<+B;1+76:123:I+TD83+876+3D6+>7434>82+<6L+<8>3;7:+4=+7682+6:3836+4=J6:34=Ce+(D676+876+3D766U++• X$/-$/@+• X#/-$/@+• X)*0$/@++$<+B;1+L8=3+3;+H6+:1>>6::<12+4=+7682+6:3836+4=J6:34=CK+B;1+=66A+3;+?=;L+D;L+3;+<4=A+H87C84=+57;567346:K+D;L+3;+<1=A+3D;:6+57;567346:K+8=A+3D6=+D;L+3;+<879+3D69+Z;7+3;+D87J6:3+3D6+57;<43:+<7;9+68>D+A682I+$=+B;1+;L=+>43B+3D676+876+3D;1:8=A:+;<+57;567346:+<;7+:826K+B63+B;1+>8=+62494=836+GG+567>6=3+;<+3D69+<7;9+>;=:4A67834;=+HB+<47:3+A636794=4=C+LD4>D+;<+3D69+876+3D6+H6:3+H87C84=:I+(D6=+B;1+<;>1:+;=+D;L+3;+784:6+3D6+<1=A:+3;+
  19. 19. 198>V1476+3D69I+X4=822BK+B;1+A6>4A6+LD63D67+3;+?665+3D69+<;7+2;=C!3679+57;<43+;7+<245+3D69+<;7+:D;73!3679+C84=I+$3+98B+:;1=A+;J67:49524<46AK+H13+<78=?2BK+3D83^:+3D6+L;72A+;<+7682+6:3836+4=J6:34=C+4=+8+=13:D622I+X4=A+43I+X1=A+43I+X879+43I++&CD!1KMDGHNDKH!=IJKHELK++(D6+:896+4:+3716+<;7+3D6+4=J6:396=3+9;1=384=I+(D676+876+;J67+NFKFFF+4=A4J4A182+:3;>?:+4=+3D6+:3;>?+987?63+8=A+829;:3+8:+98=B+913182+<1=A:+l8+:56>482+:626>34;=+;<+8+J87463B+;<+4=A4J4A182+:3;>?:mI+(D676+4:+8+H6L42A674=C+8::;7396=3+;<+9;=6B98?4=C+963D;A:+3;+8552B+3;+3D6:6+:3;>?:I+-;+B;1+1:6+<1=A896=382+8=82B:4:+;7+36>D=4>82+8=82B:4:e+)=A+LD83+8H;13+3D6+H;=A+987?63e+.7+>6734<4>836:+;<+A65;:43+L43D+J87B4=C+3679:+8=A+4=3676:3+7836:e+)22+;<+3D4:+4=<;79834;=+C63:+15A836A+8=A+>D8=C6A+6J67B+94=136+;<+6J67B+H1:4=6::+A8BI+Y;1+>8=^3+?=;L+43+822c++13+B;1+>8=+A636794=6+3D6+EF+567>6=3+;<+3D6+<8>3:+3D83+L422+C4J6+B;1+PF+567>6=3+;<+B;17+76:123:I+j1:3+8:+4=+7682+6:3836K+3D676+4:+8+H8:4>+<;79128I+/;K+43^:+=;3+H1B+2;L+8=A+:622+D4CDI+0;:3+24?62BK+B;1^22+H6+H1B4=C+D4CD+8=A+:6224=C+6J6=+D4CD67I+[676+4:+LD83+B;1+=66A+3;+?=;LU++• %*,,/$/@+)/-+X$R(,*$/@+• ($0$/@+$/+• ($0$/@+.#(++
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  23. 23. 23• X423674=C!• (494=C+4=!• (494=C+;13!+(D6:6+3D766+38:?:+76576:6=3+3D6+3D766+>7434>82+V16:34;=:+3D83+B;1+=66A+3;+8=:L67+4<+B;1^76+C;4=C+3;+H6+6M376962B+:1>>6::<12+4=+3D6+:3;>?+987?63U++• [;L+>8=+$+?=;L+LD4>D+:3;>?:+3;+H1Be+lX423674=C+;13+3D6+C;;A+;=6:m!• [;L+>8=+$+?=;L+LD6=+$+:D;12A+H1B+3D69e+l(494=C+B;17+517>D8:6:m!• [;L+>8=+$+?=;L+LD6=+$+:D;12A+:622+3D69e+l(494=C+B;17+:826:m!+(D4:+>D85367+L422+8=:L67+68>D+;<+3D6:6+>7434>82+V16:34;=:I+TD6=+B;1^J6+<4=4:D6A+768A4=C+3D4:+>D85367K+B;1^76+C;4=C+3;+<662+>;=<4A6=3+8=A+L622+;=+B;17+L8B+3;+:3;>?+987?63+:1>>6::I++&CD!(IET!HI!<LKKLKQ!!$^9+C;4=C+3;+:D;L+B;1+8+963D;A+<;7+L4==4=C+4=+3D6+:3;>?+987?63I+$3^:+3D6+4A4;3^:+8557;8>Dh3D6+28iB+L8Bh3D6+:49526:3+L8Bh8=AK+47;=4>822BK+3D6+H6:3+L8BI+$<+B;1+:31AB+3D6+D4:3;7B+;<+3D6+:3;>?+987?63+<;7+3D6+58:3+]F+B687:K+B;1+:D;12A+H6+8H26+3;+2687=+3D766+5;L67<122B+;HJ4;1:+26::;=:U+++++
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  25. 25. 25T;12A+B;1+24?6+3;+4=J6:3+B;17+9;=6B+L43D;13+74:?e+(D6=K+3D6+9;:3+495;738=3+A6>4:4;=+B;1+>;12A+98?6+3;A8B+4:+3;+C63+4=3;+3D6+987?63+8=A+&+.%!+/"$"+<;7+83+268:3+E]+B687:I+R;>?+3D83+A6>4:4;=+4=+B;17+94=AK+8=A+3D7;L+8L8B+3D6+?6BI+(8?6+8+26::;=+<7;9+3D6+:98736:3+:3;>?+54>?67+4=+D4:3;7BK+T8776=+1<<63U++f0B+<8J;7436+D;2A4=C+5674;A+4:+I+I+I+<;76J67Ig+(D83^:+LDB+1<<633+4:+8+H4224;=8476K+8=A+B;17+:3;>?H7;?67+4:+_1:3+8+H7;?67I++T6+_1:3+8=:L676A+;=6+;<+3D6+3D766+>7434>82+V16:34;=:+<;7+3D6+H6C4==4=C+4=J6:3;7+LD;+4:+528==4=C+3;+513+:;96+9;=6B+4=3;+3D6+:3;>?+987?63U++01"&+2(3!!TD6=+:D;12A+$+:622e+4(&5"$3!!622+:;96LD676+H63L66=+NF+8=A+E]+B687:+<7;9+=;LI++$<+B;1^76+=;3+C;4=C+3;+A;+3D4:+<;7+3D6+2;=C!3679K+A;=^3+:3873I+++6? 1X!AIJ!"EKYH!*DEH!ZDNV![ILK!ZDN++$=+3D6+58:3+NF+B687:K+;13+;<+QKFFF!521:+57;<6::4;=822B+98=8C6A+913182+<1=A:K+;=2B+8H;13+EF+L676+8H26+3;+H683+3D6+NF!B687+567<;798=>6+;<+3D6+nW+]FF+8<367+6M56=:6:+8=A+<66:I+++TD6=6J67+$+96=34;=+3D4:+:D;73+24:3+;<+L4==67:K+56;526+82L8B:+567?+15+I+I+I+<;7+3D6+L7;=C+768:;=:I+(D6+26::;=+4:+=;3+3;+H63+B;17+
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  27. 27. 2798_;743B+;<+57;<6::4;=82+<1=A+98=8C67:+8=A+567D85:+91>D+H63367I+Y;1+A;=^3+D8J6+3;+8C;=4i6+<;7+9;=3D:+;J67+LD4>D+:3;>?:+3;+H1B+8=A+LD6=I+j1:3+>D;;:6+;=6+;<+3D6+3;5+$=A6M+X1=A:+8=A+<;7C63+8H;13+43+<;7+NF+3;+E]+B687:I++)=AK+3D83+H74=C:+1:+3;+3D6+<4=82+V16:34;=U++TD6=+:D;12A+$+H1Be+(D6+;HJ4;1:+8=:L67+4:+Z+,,"8.+"*%-!!(D6+:;;=67+B;1+H1BK+3D6+2;=C67+B;1+D8J6+B;17+9;=6B+83+L;7?+8=A+3D6+9;76+9;=6B+B;1+D8J6+3;+>;95;1=AI+(8?6+]F+567>6=3+;<+B;17+9;=3D2B+:8J4=C:+8=A+:;>?+43+8L8B+4=3;+B;17+>D;:6=+4=A6M+<1=Al:mI+-;+3D4:+6J67B+9;=3D+L43D;13+<842+<;7+3D6+76:3+;<+B;17+24<6I++$<+B;1^22+A;+3D4:K+6J6=+4<+B;1+A;+(2+/()!"*&"+$+A6:>74H6+3;+B;1K+3D6=K+4=+A16+3496K+3D6+<2;;A+C836:+;<+57;:56743B+L422+5;17+4=3;+B;17+24<6I+0B+C;82+4:+3;+D625+B;1+;56=+3D;:6+<2;;AC836:+91>D+:;;=67I++;K+263^:+76J46L+LD83+L6^J6+2687=6AU++• Y;1+91:3+:3873+B;17+4=J6:34=C+57;C789+4996A48362Bo+• $=A6M+<1=A:+876+3D6+:8<6:3K+:49526:3+L8B+3;+4=J6:3+4=+3D6+987?63o+• R;=C!3679+4=J6:34=C+4:+<87+26::+74:?B+3D8=+:D;73!3679+4=J6:34=CI++!
  28. 28. 01234526+37689:+;<+$=>;96+"14>?!3873+@14A6+ 28AIJO!.DRIKT!.HODEN!$RRDFDOEHDT!.HIRP!.HOEHDQLDG!S!)IJO!<EUG!HI!=EQKLXU!AIJO!(DHJOKG!!;K+B;1+L8=3+3;+H6+9;76+8CC76::4J6+L43D+B;17+4=J6:396=3:e+T622K+D;2A+;=3;+B;17+D83I+T6^22+:3873+:2;LK+H13+:;;=+L6^22+H6+<2B4=C+83+08>D+bc+$+L422+368>D+B;1+D;L+3;+4=J6:3+3D6+5;734;=+;<+B;17+:3;>?+5;73<;24;+A6:4C=836A+<;7+B;17+9;A678362B+8CC76::4J6+H8:4=h687=4=C+EF+3;+EFF+567>6=3+;=+B;17+9;=6B+8==1822BI++$+L422+:D876+L43D+B;1+<;17+L8B:+l;7+:B:369:m+<;7+<4=A4=C+<1=A:+8=A+:3;>?:+3D83+D8J6+3D6+D4CD6:3+57;H8H424346:+<;7+=;3+;=2B+H6834=C+3D6+987?63K+H13+82:;+37;1=>4=C+43I+R63^:+H6C4=+L43D+3D6+68:46:3+:1CC6:34;=U++.UGHDN!4B!!+DH!HCD!=EGHDO!LNGDFX!=EKEQD!AIJO!=IKDU!!TD;+4:+3D6+98:367+;<+3D6+4=J6:396=3+L;72Ae+T8776=+1<<633I+[6+4:K+L43D;13+V16:34;=K+3D6+C76836:3+:3;>?+4=J6:3;7+;<+822+3496I+$+<47:3+2687=6A+;<+1<<633+LD6=+3D6+:3;>?+;<+D4:+D;2A4=C+>;958=BK+67?:D476+[83D8L8B+L8:+:6224=C+<;7+8=+8:37;=;94>82+dNFKFFF+8+:D876I+$3+L8:+3D6=K+8=A+:3422+4:K+3D6+:4=C26+9;:3+6M56=:4J6+:3;>?+4=+3D6+L;72AI+1<<633+A;6:=^3+H6246J6+4=+:524334=C+D4:+:3;>?+574>6K+:;+4<+B;1+L8=3+3;+;L=+8+546>6+;<+43K+B;1+91:3+L7436+8+J67B+287C6+>D6>?+<;7+6J6=+8+:4=C26+:D876I+$=+6::6=>6K+67?:D476+4:+1<<633^:+;L=+913182+<1=AI++!
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  44. 44. 01234526+37689:+;<+$=>;96+"14>?!3873+@14A6+ 44bI Y;17+;L=+:5D676+;<+4=<216=>6+`I X;>1:6A+L8=A674=C+87;1=A+]I 8=?:+8=A+X4=8=>482+4=:343134;=:+QI Y;17+;L=+8A:+OI -476>3+9842+PI $=J6:396=3+>21H:K+8::;>4834;=:K+8=A+6M>D8=C6+C7;15:+GI .3D67+57;<6::4;=82:++.=>6+B;1^J6+<;1=A+8+9;34J836A+:62267+B;1+:3422+=66A+3;+J674<B+3D6+57;5673B+4:+8+A682I++$^J6+>76836A+8+7682+6:3836+H87C84=+<4=A67+3D83+822;L:+B;1+3;+:>;76+8+57;5673B+H6<;76+B;1+6J6=+>;=:4A67+H1B4=C+43+8=A+L422+D625+B;1+A636794=6+4<+43^:+8+C;;A+A682I+++Y;1+>8=+C;+3;+LLLI91234526:37689:;<4=>;96I>;9+U+?6BL;7A+H87C84=+<4=A67I++)<367+B;1^J6+J674<46A+43^:+8+C;;A+A682K+B;1+=66A+3;+?=;L+D;L+3;+<4=8=>6+H87C84=+57;567346:I++++TD6=+$+<47:3+L7;36+/;3D4=C+-;L=K+3D6+=19H67+;=6+822!3496+H6:3!:6224=C+7682+6:3836+H;;?K+J67B+<6L+56;526+H6246J6A+3D83+B;1+>;12A+8>31822B+H1B+57;5673B+<;7+243326+;7+=;+9;=6B+A;L=I++$+D8A+3;+57;J6+43+HB+4::14=C+9B+=;L!<89;1:+>D8226=C6+3;+3D6+R;:+)=C626:+(496:U++f6=A+96+3;+8=B+>43BI++(8?6+8L8B+9B+L82263I++@4J6+96+dNFF+<;7+24J4=C+6M56=:6:I++)=A+4=+OE+D;17:K+$^22+H1B+8=+6M>6226=3+546>6+;<+57;5673B+1:4=C+=;=6+;<+9B+;L=+9;=6BIg+
  45. 45. 45T43D+8+R)+(496:+765;7367+HB+9B+:4A6K+4=+]O+D;17:+$+H;1CD3+:6J6=+57;567346:+L;73D+dOEEKON]I++)=A+$+:3422+D8A+dEF+26<3+;J67I+++(D6+D68A24=6+768A+++f[1%()!/2,"!5+/21+!A.&/3![2.&+:1*!(#"&+2$!.AA"D+&!+,"&!A/.**"()"!N!.(8!(&g++Y6:K+3D6:6+36>D=4V16:+L;7?I++/;3D4=C+A;L=+A;6:=^3+968=+3D676+4:+=;+>8:D+4=J;2J6AI++$3+_1:3+968=:+3D83+43^:+=;3+B;17+>8:DI++$+L8=3+3;+;56=+B;17+94=A+3;+3D6+5;::4H4243B+3D83+:;2134;=:+6M4:3+H6:4A6:+3D;:6+;<+>;=J6=34;=82+26=A4=CI++6>81:6+3D676+876+:;+98=B+=;3D4=C+A;L=+36>D=4V16:K+$^22+=66A+B;1+3;+J4:43+9B+L6H:436+3;+C63+8+>;952636+24:3+8=A+6M528=834;=+;<+3D6+]F+C76836:3+=;3D4=C+A;L=+36>D=4V16:I++)C84=+3D83+L6H:436+4:+LLLI91234526:37689:;<4=>;96I>;9+?6BL;7AU+/;3D4=C+-;L=++/;L+3D83+B;1^J6+H66=+8H26+3;+<1=A+B;17+4=J6:396=3+57;5673BK+43^:+3496+3;+D87J6:3+B;17+57;<43:I++6<;76+B;1+H1BK+B;1+:D;12A+D8J6+8=+4A68+;<+D;L+3;+4=36=A+3;+D87J6:3+B;17+57;<43I++Y;1+>8=+A;+43+E+L8B:I++NI 1B+8=A+[;2A+L43D+3D6+4=36=34;=+;<+H6>;94=C+8+28=A2;7AI+
  46. 46. 01234526+37689:+;<+$=>;96+"14>?!3873+@14A6+ 46EI X24554=C+L43D+3D6+4=36=34;=+3;+H1B+H62;L+987?63+8=A+76:622+43+V14>?2B+<;7+57;<43I++1B4=C+8=A+D;2A4=C+4:+8H;13+>8:D!<2;L+57;<43:I++X24554=C+4:+8H;13+6V143B+57;<43:I++$^J6+82L8B:+8AJ;>836A+3D83+9B+:31A6=3+:D;12A+A;+H;3DU++1B+83+268:3+;=6+57;5673B+567+B687+3;+D;2A+4=+B;17+2;=C!3679+5;73<;24;K+8=A+<245+83+268:3+;=6+57;5673B+567+B687+<;7+:D;73!3679+57;<43I++
  47. 47. 47AIJO!)LXHC!.HODENB!$!)IOHJKD!LK!)IODRFIGJODG!EKT!)FL]]DOG!+(D6+:383696=3+$+98A6+4=+9B+<47:3+H;;?+:3422+D;2A:+3716I++f-;=^3+L843+3;+H1B+7682+6:3836I++1B+7682+6:3836+8=A+L843Ig++T6+?=;L+3D83K+C4J6=+6=;1CD+3496K+8+57;5673B+L6+H1B+H62;L+3D6+987?63+3;A8B+>8=+6J6=31822B+H6+76987?636A+<;7+8+57;<43I++$=+3D6+968=3496K+L6+98B+D8J6+3;+98?6+9;=3D2B+58B96=3:K+76:;2J6+8+H8A+36=8=3+:431834;=K+15C78A6+;7+76=;J836+3D6+57;5673BK+76:;2J6+8+i;=4=C+4::16K+;7+<4=A+8+:;2134;=+3;+8+9B748A+;<+;3D67+57;H269:I++$=+;3D67+L;7A:K+L6+98?6+9;=6B+HB+:;2J4=C+57;H269:I++(D6+9;76+57;H269:+L6+:;2J6K+3D6+9;76+9;=6B+L6+98?6I++(D676+876+:6J6782+57;H269:+3D83+98B+<;7>6+56;526+3;+:622+3D647+57;5673BI++(D6+9;76+A6:567836+56;526+H6>;96K+3D6+V14>?67+3D6B+=66A+8+:826+8=A+3D6+9;76+<26M4H26+3D6B+L422+H6>;96I++(D6+;=2B+L8B+3;+;<<67+8+V14>?+:826+4:+3;+A;+;=6+;<+3L;+3D4=C:U++R;L67+3D6+574>6K+;7+>;96+15+L43D+83378>34J6+<4=8=>482+3679:K+:1>D+8:+8+2;L+A;L=+58B96=3I++):+8+7682+6:3836+H87C84=+D1=367K+B;1+91:3+D8J6+:;963D4=C+83+LD;26:826K+574>6+;7+3679:+8=A+576<678H26+H;3DI++$<+=;3K+A;=^3+H1BI++0;76+H87C84=:+876+8J8428H26+4=+3D6+8768+;<+<;76>2;:176:+3D8=+4=+8=B+;3D67+8768+;<+7682+6:3836I++
  48. 48. 01234526+37689:+;<+$=>;96+"14>?!3873+@14A6+ 48TDB+L;12A+4=A4J4A182:+L82?+8L8B+<7;9+8+567<6>32B+C;;A+57;5673Be++TDB+L;12A+3D6B+H6+L4224=C+3;+74:?+714=4=C+3D647+>76A43+7834=Ce++TDB+L;12A+3D6B+<8>6+3D6+69H8778::96=3+;<+D8J4=C+3;+H6+<;7>6A+;13+;<+3D647+D;96e++T622+<;7+LD836J67+768:;=K+8>>;7A4=C+3;+*6823B(78>K+NIE+94224;=+D;96:+L6=3+3;+<;76>2;:176+28:3+B687I++(D83^:+NFFKFFF+8+9;=3D+4=+/;73D+)9674>8I++[;L+98=B+;<+3D;:6+A;+B;1+=66A+3;+H1B+3;+687=+6=;1CD+57;<43+3;+6V182+;7+6M>66A+B;17+>1776=3+B687:+:8287Be++j1:3+;=6I++.=6+C;;A+57;5673B+H;1CD3+8=A+:;2A+>;12A+:155;73+B;1+<;7+8+B687c++$=+<8>3K+4<+B;1+567:4:3+2;=C+6=;1CDK+$+H6246J6+B;1^22+<4=A+83+268:3+;=6+H87C84=+57;5673B+3D83^:+C;;A+6=;1CD+3;+:63+B;1+15+<;7+24<6I++13+B;1^76+57;H8H2B+=;3+L4224=C+3;+H6246J6+3D83+B63I++;+263^:+2;L67+3D6+6M56>3834;=:+8=A+8::196+3D83+:;963496+4=+3D6+=6M3+<4J6+B687:K+L43D+>;=:4:36=3+:687>D4=CK+B;1^22+<4=A+;=6+6M>6226=3+57;5673B+3D83+B;1+>8=+H1B+83+EF+567>6=3+H62;L+3D6+987?63I++-;+B;1+3D4=?+3D83^:+76824:34>e++,J6=+4<+7682+6:3836+4:+=;3+B;1+f3D4=CgI++Y;1+:D;12A+83+268:3+H6+L4224=C+3;+2687=+8+<6L+H8:4>:+:;+B;1+>8=+H1B+B;17+567:;=82+76:4A6=>6+83+8+:1H:38=3482+A4:>;1=3I++++*EOQELK!CJKHLKQ!LK!XIODRFIGJODG!!.=6+;<+3D6+9;:3+6<<6>34J6+L8B:+3;+<4=A+8+LD;26:826+57;5673B+4:+3;+2;;?+<;7+<;76>2;:176:I++TD6=+57;5673B+;L=67:+<842+3;+98?6+3D6+9;=3D2B+
  49. 49. 4958B96=3:+;=+3D647+9;73C8C6:K+3D647+2;8=:+H6>;96+A624=V16=3I++,8>D+26=A4=C+4=:343134;=+D8:+A4<<676=3+C14A624=6:+<;7+D8=A24=C+A624=V16=>46:I+++++ $3+1:1822B+:3873:+L43D+8+=4>6+7694=A67+263367+8:?4=C+3D6+>1:3;967+3;+H74=C+D4:+;7+D67+58B96=3+15!3;!A836I++(D4:+4:+<;22;L6A+HB+:6746:+;<+4=>768:4=C2B+3D76836=4=C+263367:+268A4=C+15+3;+8+<;7982+=;34>6+;<+A6<8123I++-656=A4=C+;=+LD676+B;1+24J6K+3D6+3496+<7896+H63L66=+3D6+=;34>6+;<+A6<8123+8=A+3D6+8>3182+<;76>2;:176+:826+>8=+H6+GF+3;+bQ]+A8B:I++(D676+82:;+98B+H6+8+5674;A+;<+76A69534;=+8<367+3D6+<;76>2;:176+:826I+++@6=67822B+:568?4=CK+D;L6J67K+9;:3+:3836:+D8J6+GF!A8B+<;76>2;:176+57;>6::+L43D+=;+76A69534;=+5674;AI++)<367+94::4=C+8+58B96=3K+9;:3+D;96;L=67:+876+36>D=4>822B+GF+A8B:+8L8B+<7;9+2;:4=C+3D647+D;96I++++ +(D676+876+<;17+495;738=3+5D8:6:+4=+3D6+<;76>2;:176+57;>6::U++! W76:826K+H6<;76+3D6+26=A67+<426:+3D6+=;34>6+;<+A6<8123+83+3D6+>;173D;1:6I+! W76:826K+8<367+3D6+26=A67+<426:+3D6+=;34>6+;<+A6<8123+! )3+3D6+<;76>2;:176+:826+! W;:3!:826++!!!!
  50. 50. 01234526+37689:+;<+$=>;96+"14>?!3873+@14A6+ 50/ODGEFDB!*DXIOD!KIHLRD!IX!TDXEJFH!+,8>D+5D8:6+D8:+43:+8AJ8=38C6+8=A+43:+A4:8AJ8=38C6:I++X;7+6M89526K+3D6+268:3+>;9563434;=+L422+;>>17+H6<;76+3D6+H8=?+<426:+=;34>6+;<+A6<8123I++$=+6::6=>6K+3D6+;=2B+56;526+LD;+?=;L+;<+3D6+A624=V16=>B+876+3D6+26=A67+8=A+3D6+57;5673B+;L=67I++#=<;731=8362BK+43+4:+J67B+A4<<4>123+3;+<4=A+3D6:6+56;526I++Y;1+D8J6+3;+<21:D+3D69+;13+L43D+B;17+;L=+8A:+4=+3D6+=6L:58567+8=A+B;17+;L=+H47A!A;CC4=CI+++/ODGEFDB!$XHDO!KIHLRD!IX!TDXEJFH!!)<367+3D6+=;34<4>834;=+D8:+H66=+<426A+83+3D6+>;173D;1:6K+43+H6>;96:+8+983367+;<+51H24>+76>;7AI++(D676+876+:6J6782+<;76>2;:176+:67J4>6+>;958=46:+3D83+:687>D+;13+3D6:6+=;34<4>834;=:+8=A+:622+8+:1H:>74534;=+3;+3D;:6+LD;+876+L4224=C+3;+58B+<;7+3D4:+4=<;79834;=I++@6=67822BK+3D6+:62267:+H6>;96+4=>768:4=C2B+<26M4H26+8:+3D6+<;76>2;:176+A836:+A78L:+=687I++3422K+3D676+876+;3D67+H1B67:+3;+>;95636+L43DI++$H!HCD!XIODRFIGJOD!GEFD!!$<+3D6+57;5673B+98?6:+43+3;+3D6+<;76>2;:176+:826K+B;1+D8J6+;=2B+;=6+;534;=h3;+58B+;<<+3D6+9;73C8C6+D;2A67+4=+<122I++(D676<;76K+43+38?6:+8+2;3+;<+>8:D+3;+H6+H4AA4=C+83+8+<;76>2;:176+:826U++$<+B;1+L4=+3D6+H4AK+B;1+D8J6+;=2B+8+:D;73+3496+3;+58B+<;7+3D6+57;5673BI++$+6=>;178C6+B;1+3;+J4:43+B;17+>;173D;1:6K+<4=A+;13+LD6=+3D6+=6M3+<;76>2;:176+:826+38?6:+528>6K+8=A+
  51. 51. 51:D;L+15+3;+L83>DI+Y;1u22+<4=A+98=B+;<+3D6+57;567346:+A16+3;+H6+:;2A+3D83+A8B+D8J6+H66=+L43DA78L=+<;7+J874;1:+768:;=:I+.<+3D6+57;567346:+76984=4=CK+3D6+J8:3+98_;743B+D8J6+243326+6V143B+8=A+3D676<;76+=;+;=6+H4A:+;=+3D69+8=A+3D6+26=A4=C+4=:343134;=+38?6:+3D69+H8>?I+)+:9822+=19H67+;<+57;567346:+876+76822B+L;73D+H4AA4=C+;=I++.>>8:4;=822BK+3D676+4:+8=+6M>6534;=82+H87C84=I+;963496:+B;1+6=A+15+4=+8+H4AA4=C+L87+L43D+8=;3D67+4=J6:3;7I+.=6+;<+9B+H6C4==4=C+:31A6=3:+H6C8=+H4AA4=C+L43D+8+:68:;=6A+4=J6:3;7I+TD6=+3D6+H4AA4=C+:3;556AK+9B+B;1=C+:31A6=3+D8A+L;=+3D6+H4AI+[6+L8:+3D6=+8557;8>D6A+HB+3D6+:68:;=6A+4=J6:3;7K+LD;+98A6+D49+8=+4996A4836+>8:D+;<<67+;<+dEKFFF+3;+38?6+;J67+D4:+5;:434;=+;=+3D6+57;5673BI+[6+8>>6536A+dEKFFF+4=+>8:D+<;7+N]+94=136:+;<+L;7?I+$+A;=u3+76>;996=A+83369534=C+3;+H1B+B;17+57;567346:+83+8+<;76>2;:176+:826+3D6+<47:3+3496+87;1=AK+H13+43+4:+4=:371>34J6+3;+L83>D+LD83+C;6:+;=I++/IGH!GEFD!!.=>6+26=A67:+D8J6+<;76>2;:6A+;=+8+57;5673BK+3D;:6+26=A67:+H6>;96+76987?8H2B+9;76+<26M4H26I+/;L+43u:+3D647+57;H269+8=A+3D6B+L8=3+3;+C63+74A+;<+43!3D6B+8>31822B+:D;L+98=B+:4C=:+;<+vA;=u3!L8=367!434:Iv+(D6B+>8=+6J6=+H6+>;=J4=>6AK+1=A67+3D6+74CD3+>47>19:38=>6:K+3;+:622+3D6+57;5673B+3;+B;1+<;7+26::+3D8=+3D6+9;73C8C6I+(D4:+4:+76<6776A+3;+4=+3D6+4=A1:37B+8:+8+:D;73+:826I+X;7+4=:38=>6K+:155;:6+8+26=A67+<;76>2;:6A+;=+8+dNFFKFFF+D;1:6+L43D+8+dG]KFFF+9;73C8C6I+$<+=;+;=6+H4A:+83+3D6+81>34;=K+3D6+26=A67+C63:+3D6+D;1:6+H8>?I+08=B+3496:+3D6+26=A67+L422+>;=:4A67+8=+;<<67+<;7+26::+3D8=+
  52. 52. 01234526+37689:+;<+$=>;96+"14>?!3873+@14A6+ 52dG]KFFF+8=A+38?6+8+2;::+3;+C63+74A+;<+43I++*EOQELK!#]]IOHJKLHU!6B!)FL]]DOG!!TD6=6J67+B;1+98?6+8=+;<<67+3;+517>D8:6+8+57;5673B+83+w+574>6+4=+w+=19H67+;<+A8B:K+B;1+:4C=+8+:494287+26C82+A;>196=3I+$3u:+>8226A+8=+;<<67+3;+517>D8:6I+$=+6::6=>6K+8=+;<<67+3;+517>D8:6+4:+8+:D;73!3679+;534;=I+$3+4:+8+26C822B+H4=A4=C+8C76696=3+3D83+;H24C836:+3D6+:62267+3;+:622+3D6+57;5673B+3;+B;1+L43D4=+8+:56>4<4>+3496+<7896I+X;7+6M89526K+:155;:6+B;1+;<<676A+3;+H1B+8+dNFFKFFF+D;96+L43D+8+>2;:4=C+A836+QF+A8B:+4=+3D6+<13176I+$=+6::6=>6K+B;1+D8J6+8+QF!A8B+;534;=+;=+3D4:+57;5673B+L43D+8+2;>?6A!4=+574>6+;<+dNFFKFFFI+TD83+4<+:;96;=6+8557;8>D6A+B;1+A174=C+3D4:+QF!A8B+5674;A+;<+3496K+H6<;76+B;1+D8A+8>31822B+38?6=+34326+3;+3D6+57;5673BK+8=A+;<<676A+B;1+dNNFKFFF+<;7+B;17+5;:434;=e+%;12A+B;1+:622+B;17+v5;:434;=v+3;+3D4:+=6L+H1B67+8=A+5;>?63+3D6+dNFKFFF+57;<43e+(D6+8=:L67+4:+98BH6I+l.<+>;17:6K+3D6:6+?4=A:+;<+V16:34;=:+:D;12A+82L8B:+H6+A4:>1::6A+L43D+8+>;95636=3+7682+6:3836+833;7=6BIm++$=+3D6;7B+8=A+$+695D8:4i6+v4=+3D6;7BKv+B;1+:D;12A+H6+8H26+3;+:622+B;17+5;:434;=+3;+8=;3D67+4=A4J4A182K+LD;+3D6=+>;952636:+3D6+517>D8:6+4=+B;17+528>6I+(;+:376=C3D6=+B;17+26C82+5;:434;=K+$+76>;996=A+3D83+LD6=6J67+B;1+<422+;13+8=+;<<67+3;+517>D8:6+8=B+57;5673BK+B;1+8AA+3D6:6+L;7A:+3;+B;17+>;=378>3U+v8=AS;7+8::4C=:Iv++X;7+6M89526K+LD6=+$+H1B+57;5673B+4=+9B+;L=+=896K+$+L7436+9B+=896+8:+<;22;L:U+v*;H673+@I+)226=+8=AS;7+8::4C=:Iv+$=+3D6;7BK+3D4:+6=8H26:+96+3;+v<245v+9B+>;=378>3+3;+:;96;=6+LD;+98B+L8=3+3;+H1B+43I+TD6=+B;1+
  53. 53. 53:4C=+B;17+=896+3;+8=+;<<67+B;1+:D;12A+82L8B:+4=>21A6K+3D;:6+3D766+98C4>+L;7A:+8<367+B;17+=896U+v8=AS;7+8::4C=:Iv+(D4:+C4J6:+B;1+3D6+74CD3+3;+517>D8:6+8+57;5673B+8=AS;7+3;+8::4C=+B;17+>;=378>3+3;+:;96;=6+62:6I++TD63D67+B;1u76+<24554=C+<;7+>8:D+;7+<24554=C+<;7+>8:D+<2;L+l8:+A4A+;17+WD;6=4M+4=J6:3;7mK+<24554=C+>8=+H6+;=6+L8B+3;+>76836+:1H:38=3482+57;<43:+8=A+6M378+:37689:+;<+4=>;96I+
  54. 54. 01234526+37689:+;<+$=>;96+"14>?!3873+@14A6+ 54(DEF!,GHEHD!.J]DORCEOQDO!9!/IWDOXJF!<EUG!HI!,EOK!65_!IO!=IOD!IK!AIJO!=IKDU!+$^9+C;4=C+3;+:D;L+B;1+]+L8B:+3;+:1567>D87C6+B;17+7682+6:3836+4=J6:396=3:+3;+B462A+83+268:3+EF+567>6=3+567+B687+*.$K+76C87A26::+;<+LD83+D8556=:+3;+3D6+;J67822+987?63I+$+D;56+B;1^76+H6C4==4=C+3;+76824i6+3D83+7682+6:3836+4:+8=+898i4=C+8=A+J67:83426+4=J6:396=3+J6D4>26+8:+2;=C+8:+B;1+876+<26M4H26+8=A+>76834J6+6=;1CD+3;+37B+A4<<676=3+8557;8>D6:I++.=6+;<+3D6+9;:3+;HJ4;1:+L8B:+3;+528B+3D6+7682+6:3836+C896+4:+3;+:687>D+<;7+H87C84=:I+Y;1+>67384=2B+A;=^3+L8=3+3;+C63+>81CD3+58B4=C+<122+574>6+3D6+L8B+9;:3+56;526+A;I+$<+B;1+58B+<122+574>6+<;7+B;17+57;5673BK+3D6=+B;1^76+:56>12834=C+3D83+3D6+57;5673B+L422+85576>4836+4=+J8216I+[;L6J67K+LD83+4<+43+A;6:=^3e+$+>D8226=C6+B;1+3;+98?6+9;=6B+3D6+A8B+B;1+H1B+68>D+57;5673BI+(D83^:+4=J6:34=CI+(D4:+76V1476:+:;96+H87C84=+D1=34=Ch:4<34=C+3D7;1CD+D1=A76A:+;<+:D4=BK+>1H4>+i47>;=48=K+<8?6+C69:+3;+<4=A+3D6+7682+A489;=A:+4=+B;17+987?63I+*6J46L+3D6+24:3+;<+768:;=:+LDB+:;96+56;526+876+L4224=C+3;+:622+3D647+57;5673B+V14>?2BI+(D6=+:8B+82;1A+L43D+96+=;LK+f$+76<1:6+3;+58B+763842K+$+76<1:6+3;+58B+763842K+$+76<1:6+3;+58B+763842Ig++TD83+?4=A+;<+A4:>;1=3+>8=+B;1+6M56>3e+R63^:+8::196+43^:+5;::4H26+3;+H1B+8+57;5673B+83+NF+567>6=3+H62;L+987?63I+$3+L;=^3+H6+68:BI+$3+L422+76V1476+:;96+:674;1:+:4<34=CI+13+8+NF+567>6=3+A4:>;1=3+4:+>67384=2B+5;::4H26I+;963496:+6J6=+9;76I+)+3B54>82+dN]FKFFF+:4=C26+<8942B+D;96+
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  56. 56. 01234526+37689:+;<+$=>;96+"14>?!3873+@14A6+ 56&CD!65!]DORDKH!.HOEHDQU!`6B!&CD!*LOT!2IQ!+08BH6+B;1+A;=^3+D8J6+8=B+;<+3D6+378A434;=82+H8=?67:^+>854382+76V147696=3:K+>8226A+3D6+<;17+%:U+>8:DK+>8:D+<2;LK+>76A43K+;7+>;22836782I+(D6:6+876+3D6+6M367=82+378554=C:+;<+L6823D+3D83+B;17+8=C62+5873=67+91:3+57;J4A6I+Y;17+5873=67+57;J4A6:+3D6+>854382I+Y;1+H6>;96+3D6+>8382B:3I++R687=+3D6+7;56:+;<+7682+6:3836+4=J6:34=C+8=A+987?63+B;17:62<+8:+3D6+H47A+A;CI+Y;17+9;33;+4:K+f4<+B;1^J6+C;3+3D6+>8:DK+$^J6+C;3+3D6+A682:Ig++$3^22+H6+B;17+_;H+3;+<4=A+3D6+H87C84=:K+=6C;34836+3D6+378=:8>34;=:K+<4M+15+D;1:6:+LD6=+=6>6::87BK+98=8C6+3D6+57;5673BK+D8=A26+3D6+36=8=3:K+8=A+:;+;=I+13+<;7+3D4:+8>34J6+6<<;73K+B;1+6M56>3+B;17+58::4J6+5873=67+3;+:D876+]F+567>6=3+;<+3D6+57;<43I+TD83K+3D6=K+L422+H6+3D6+76317=+;=+B;17+4=J6:396=3e++155;:6+B;1+513+15+dbKFFF+3;+2687=+3D6+:?422:+8=A+:B:369:+=6>6::87B+3;+H6+>;96+8+7682+6:3836+4=J6:3;7I+Y;17+4=J6:396=3+L;12A+B462A+B;1+8+H47A+A;C+76317=+;<+D82<+;<+B;17+<47:3+dN]KFFF+57;<43I+dOK]FF+A4J4A6A+HB+dbKFFF+6V182:+E]kI++TD63D67+B;1^76+3D6+:;26+4=J6:3;7+;7+:4952B+8=+8=C62+;7+8+H47A+A;CK+B;1+>8=+L4=+83+3D4:+C896I++!
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