Bosch DIZ0JC5D0 Installation guide

Brand: Bosch

Model: DIZ0JC5D0

Type: Installation guide

This manual is also suitable for

DIZ0JC2D0

*9001378839*  



Ø 0RQWDJHDQOHLWXQJ

Ú ,QVWDOODWLRQLQVWUXFWLRQV

Þ 1RWLFHGHPRQWDJH

é ,QVWDOODWLHYRRUVFKULIW

â ,VWUX]LRQLSHULOPRQWDJJLR

ó 0RQWHULQJVDQYLVQLQJ

ê 0RQWHULQJVYHLOHGQLQJ

Ý $VHQQXVRKMH

× 0RQWHULQJVYHMOHGQLQJ

Û ,QVWUXFFLRQHVGHPRQWDMH

ì ,QVWUXo}HVGHPRQWDJHP

Ù ̲͉͇͓͆́ͅ͇͕͔͕͔͉͓͌̓̾̓ͅ

ô 0RQWDMN×ODYX]X

î Ημπροςιυηώξνλνμρίες

Ü 3DLJDOGXVMXKHQG

ä 0RQWDYLPRLQVWUXNFLMD

å 0RQWąçDVLQVWUXNFLMD

ë ,QVWUXNFMDPRQWDŰX

í ,QVWUXFŘLXQLGHPRQWDM

á 6]HUHOpVL~WPXWDWy

ð 1DYRGLOD]DPRQWDçR

Ö 0RQWiçQtQiYRG

ï 0RQWiçQ\QiYRG

à 8SXWH]DPRQWDçX

Ò Οωινανγπρανζίλνμρίε

ò 8SXWVWYRRSRVWDYOMDQMX

ñ 8GKs]LPSsUPRQWLP

æ ΢ξίρπρανζίλνμρίεί

ù ΝομίρςρςοίκϊμЧπБίςκίο

õ ΅μπροςιυϕώζλνμρίες

















PLQ

PP

PLQ



PLQ



PLQ

PP

PLQ

PP

PLQ



PLQ

PP

































0RQWDJHDQOHLWXQJ

: :LFKWLJH6LFKHUKHLWVKLQZHLVH

'LHVH$QOHLWXQJVRUJIlOWLJOHVHQ1XUGDQQN|QQHQ6LH,KU*HUlW

VLFKHUXQGULFKWLJEHGLHQHQ'LH*HEUDXFKVXQG0RQWDJHDQOHL

WXQJIUHLQHQVSlWHUHQ*HEUDXFKRGHUIU1DFKEHVLW]HUDXIEH

ZDKUHQ

'DV*HUlWQDFKGHP$XVSDFNHQSUIHQ%HLHLQHP7UDQVSRUW

VFKDGHQQLFKWDQVFKOLHHQ

1XUEHLIDFKJHUHFKWHP(LQEDXHQWVSUHFKHQGGHU0RQWDJHDQOHL

WXQJLVWGLH6LFKHUKHLWEHLP*HEUDXFKJHZlKUOHLVWHW'HU,QVWDOOD

WHXULVWIUGDVHLQZDQGIUHLH)XQNWLRQLHUHQDP$XIVWHOOXQJVRUW

YHUDQWZRUWOLFK

(UVWLFNXQJVJHIDKU

9HUSDFNXQJVPDWHULDOLVWIU.LQGHUJHIlKUOLFK.LQGHUQLHPLW9HU

SDFNXQJVPDWHULDOVSLHOHQODVVHQ

9HUOHW]XQJVJHIDKU

■ %DXWHLOHLQQHUKDOEGHV*HUlWHVN|QQHQVFKDUINDQWLJVHLQ

6FKXW]KDQGVFKXKHWUDJHQ

9HUOHW]XQJVJHIDKU

■ ,VWGDV*HUlWQLFKWRUGQXQJVJHPlEHIHVWLJWNDQQHVKHUDEIDO

OHQ $OOH %HIHVWLJXQJVHOHPHQWH PVVHQ IHVW XQG VLFKHU PRQWLHUW

ZHUGHQ

+LQZHLV 5HJHQHULHUEDUH*HUXFKVILOWHUN|QQHQGXUFK+HUXQWHUIDO

OHQ EHVFKlGLJW ZHUGHQ 'LH %HVFKlGLJXQJHQ VLQG YRQ DXHQ QLFKW

LPPHUVLFKWEDU(QWVRUJHQXQGHUVHW]HQ6LHKHUXQWHUJHIDOOHQH

UHJHQHULHUEDUH*HUXFKVILOWHU

,QVWDOODWLRQ

,QVWDOODWLRQYRUEHUHLWHQ

■ 'HU0RQWDJHRUWPXVVSUREOHPORV]XJlQJOLFKVHLQGDPLWGDV

*HUlWLP6HUYLFHIDOOXQJHKLQGHUWHUUHLFKEDULVW

■ 'HU $EVWDQG YRQ PLQGHVWHQV  PP XQG PD[LPDO  PP LVW

HPSIHKOHQVZHUW'HU.RFKGXQVWZLUGPLW]XQHKPHQGHP

$EVWDQG]XU.RFKVWHOOHVFKZHUHUHUIDVVW

(LQEDXIOlFKHEHUSUIHQ

■ 'LH (LQEDXIOlFKH PXVV HEHQ ZDDJHUHFKW XQG DXVUHLFKHQG WUDJ

IlKLJVHLQ

■ 'DVPD[*HZLFKWGHV*HUlWVEHWUlJW NJ

+LQZHLVH

■ 'LH2EHUIOlFKHQGHV*HUlWHVVLQGHPSILQGOLFK%HLGHU,QVWDOOD

WLRQ%HVFKlGLJXQJYHUPHLGHQ

■ $XVVFKQLWWEHUHLFK DXI YRUKDQGHQH .DEHOYHUOHJXQJ YRQ ZHLWHUHQ

*HUlWHQEHUSUIHQ

■ )UGLH%HIHVWLJXQJLVWHLQJHHLJQHWHV8QWHUJHUVWHUIRUGHUOLFK

GDVIHVWLQGHU%HWRQGHFNHIL[LHUWLVW

■ 'DV*HUlWQLFKWGLUHNWLQGLH*LSVNDUWRQSODWWHQRGHUlKQOLFKH

/HLFKWEDXVWRIIHGHUDEJHKlQJWHQ'HFNHPRQWLHUHQ

■ )U GLH RUGQXQJVJHPlH 0RQWDJH HLQ DXVUHLFKHQG VWDELOHV DQ

GLH EDXOLFKHQ *HJHEHQKHLWHQ XQG GDV *HUlWHJHZLFKW DQJHSDVV

WHV0DWHULDOYHUZHQGHQ

(LQEDXIOlFKHYRUEHUHLWHQ

'LH6WDELOLWlWGHU(LQEDXIOlFKHPXVVDXFKQDFKGHQ$XVVFKQLWWDU

EHLWHQJHZlKUOHLVWHWVHLQ

 .RFKIHOGDEGHFNHQXP%HVFKlGLJXQJHQ]XYHUPHLGHQ

 $XVVFKQLWWLQ'HFNHRGHU6HLWHQZDQGKHUVWHOOHQ%LOG 

 1DFK$XVVFKQLWWDUEHLWHQ6SlQHHQWIHUQHQ

*HUlWPRQWLHUHQ

: 9HUOHW]XQJVJHIDKU

%DXWHLOHLQQHUKDOEGHV*HUlWHVN|QQHQVFKDUINDQWLJVHLQ6FKXW]

KDQGVFKXKHWUDJHQ

 $EGHFNXQJHQWQHKPHQ

+LQZHLV 'HU6WXW]HQNDQQMHQDFK(LQEDXVLWXDWLRQYHUVHW]W

ZHUGHQ %LOG 

 6WXW]HQXQGEHQ|WLJWHV%OHFKDEVFKUDXEHQXQG3RVLWLRQWDX

VFKHQ %LOG 

 6WXW]HQXQG%OHFKDQQHXHU3RVLWLRQIHVWVFKUDXEHQ %LOG 

 *HUlW YROOVWlQGLJ LQ $XVVFKQLWW HLQVHW]HQ ELV GLH $XIKlQJXQJHQ

K|UEDUHLQUDVWHQ%LOG 

 6FKUDXEHQQDFKHLQDQGHUYRUVLFKWLJIHVW]LHKHQELVGDV*HUlW

IOlFKHQEQGLJLQGHU(LQEDXIOlFKHDQOLHJW%LOG 

+LQZHLV 6FKUDXEHQ QLFKW ]X IHVW DQ]LHKHQ XP GDV *HUlW QLFKW

]XEHVFKlGLJHQ

 *HUXFKVILOWHUDXVSDFNHQ%LOG 

+LQZHLV *HUXFKVILOWHULVWVFKZHU9RUVLFKWLJDQKHEHQXQGJXW

IHVWKDOWHQ

 *HUXFKVILOWHUHLQVHW]HQXQGGLH0HWDOOEJHOELV]XP$QVFKODJ

GUHKHQGDPLWGHU*HUXFKVILOWHUVLFKHUDXIOLHJW%LOG 

 5lQGHOPXWWHUQDP0HWDOOEJHO]XGUHKHQ%LOG 

 $EGHFNXQJ LQ GLH gIIQXQJHQ DQ GHU *HUlWHXQWHUVHLWH HLQKlQJHQ

%LOG 

9RQ XQWHQ JHJHQ GLH $EGHFNXQJ GUFNHQ XP VLH ]X VFKOLHHQ

%LOG 

*HUlWGHPRQWLHUHQ

: 9HUOHW]XQJVJHIDKU

%DXWHLOHLQQHUKDOEGHV*HUlWHVN|QQHQVFKDUINDQWLJVHLQ6FKXW]

KDQGVFKXKHWUDJHQ

 9RQXQWHQJHJHQGLH$EGHFNXQJGUFNHQXPVLH]X|IIQHQ

 +DOWHUXQJHQ GHU $EGHFNXQJ DXV GHQ gIIQXQJHQ DQ GHU 8QWHUVHL

WHGHV*HUlWVDXVKlQJHQ

 *HUXFKVILOWHUDXVEDXHQ'DEHLPLWHLQHU+DQGXQWHUGHQ

*HUXFKVILOWHUIDVVHQ

+LQZHLV *HUXFKVILOWHULVWVFKZHU

 5lQGHOPXWWHUQDXIGUHKHQXQGGLH0HWDOOEJHO|IIQHQXPGHQ

*HUXFKVILOWHU]XHQWQHKPHQ%LOG 

 6FKUDXEHQ QDFKHLQDQGHU YRUVLFKWLJ O|VHQ XQG ELV ]XP $QVFKODJ

KHUDXVGUHKHQ

 0LW GHQ 'DXPHQ LQ GLH gIIQXQJHQ JUHLIHQ XQG GHQ )HGHUVSDQQHU

QDFKREHQGUFNHQ%LOG 

 *HUlWHQWQHKPHQ

*HUXFKVILOWHUUHJHQHULHUHQ

8PGHQ*HUXFKVDEVFKHLGHJUDG]XJHZlKUOHLVWHQPVVHQGLH)LO

WHUEHLQRUPDOHP%HWULHEWlJOLFKXQJHIlKU 6WXQGHDOOH

 0RQDWHUHJHQHULHUWZHUGHQ

'HU*HUXFKVILOWHULVWIUGLH5HJHQHUDWLRQLQHLQHPKDQGHOVEOL

FKHQ%DFNRIHQ]XJHODVVHQ

: 9HUEUHQQXQJVJHIDKU

'HU*HUXFKVILOWHUEOHLEWQDFKGHP5HJHQHULHUHQODQJH=HLWKHL

'HQ*HUXFKVILOWHUGLUHNWQDFKGHP5HJHQHULHUHQQLFKWEHUKUHQ

VRQGHUQDENKOHQODVVHQ

'HQKHLHQ*HUXFKVILOWHU]XP$ENKOHQDXIHLQHKLW]HEHVWlQGLJH

8QWHUODJHOHJHQ

+LQZHLVH

■ *HUXFKVILOWHU N|QQHQ ELV ]X PDO UHJHQHULHUW ZHUGHQ XQG PV

VHQPLQGHVWHQVQDFK -DKUHQDXVJHWDXVFKWZHUGHQ

■ *HUXFKVILOWHUPVVHQEHLQRUPDOHP%HWULHEWlJOLFKFLUFD

 6WXQGHPLQGHVWHQVDOOH -DKUHDXVJHWDXVFKWZHUGHQ

■ *HUXFKVILOWHUEOHLEWQDFKGHP5HJHQHULHUHQODQJH=HLWKHL

*HUXFKVILOWHUQDFKGHP5HJHQHULHUHQQLFKWGLUHNWDXIHPSILQGOL

FKH2EHUIOlFKHQOHJHQVRQGHUQ]XHUVWDXVUHLFKHQGDENKOHQ

ODVVHQ

■ 5HJHQHULHUEDUH*HUXFKVILOWHUN|QQHQGXUFK+HUXQWHUIDOOHQ

EHVFKlGLJWZHUGHQ'LH%HVFKlGLJXQJHQVLQGYRQDXHQQLFKW

LPPHUVLFKWEDU(QWVRUJHQXQGHUVHW]HQ6LHKHUXQWHUJHIDOOHQH

UHJHQHULHUEDUH*HUXFKVILOWHU

■ *HUXFKVILOWHUQLFKWLQGHU3\URO\VHRGHUGHXWOLFKEHU&

UHJHQHULHUHQ

■ *HUXFKVILOWHUIUGHQ5HJHQHULHUXQJVSUR]HVVDXIHLQHQ5RVW

OHJHQGD%DFNEOHFKH]HUNUDW]HQN|QQHQ

■ *HUXFKVILOWHUQLHPLW5HLQLJHUQPLW:DVVHULQGHU*HVFKLUUVSO

PDVFKLQHRGHUPLWHLQHPQDVVHQ7XFKUHLQLJHQ

■ %HLP5HJHQHULHUHQGHV*HUXFKVILOWHUVNDQQHV]X*HUXFKVHQW

ZLFNOXQJNRPPHQ6WHOOHQ6LHVLFKHUGDVVGHU5DXPJXWEHOI

WHWLVWXQG|IIQHQ6LHEHL%HGDUIHLQ)HQVWHU

 9RQXQWHQJHJHQ$EGHFNXQJGUFNHQXPVLH]X|IIQHQ

 *HUXFKVILOWHUDXVEDXHQ'DEHLPLWHLQHU+DQGXQWHUGHQ

*HUXFKVILOWHUIDVVHQ

+LQZHLV *HUXFKVILOWHULVWVFKZHU

 *HUXFKVILOWHULPYRUJHKHL]WHQ%DFNRIHQEHL&8POXIWIU

 0LQXWHQUHJHQHULHUHQ

 *HUXFKVILOWHUDENKOHQODVVHQ

 *HUXFKVILOWHUHLQVHW]HQXQGGLH0HWDOOEJHOELV]XP$QVFKODJ

GUHKHQGDPLWGHU*HUXFKVILOWHUVLFKHUDXIOLHJW%LOG 

 5lQGHOPXWWHUQDP0HWDOOEJHO]XGUHKHQ%LOG 

 9RQXQWHQJHJHQGLH$EGHFNXQJGUFNHQXPVLH]XVFKOLHHQ

%LOG 



,QVWDOODWLRQLQVWUXFWLRQV

: ,PSRUWDQWVDIHW\LQIRUPDWLRQ

5HDGWKHVHLQVWUXFWLRQVFDUHIXOO\2QO\WKHQZLOO\RXEHDEOHWR

RSHUDWH\RXUDSSOLDQFHVDIHO\DQGFRUUHFWO\5HWDLQWKHLQVWUXFWLRQ

PDQXDODQGLQVWDOODWLRQLQVWUXFWLRQVIRUIXWXUHXVHRUIRU

VXEVHTXHQWRZQHUV

&KHFN WKH DSSOLDQFH IRU GDPDJH DIWHU XQSDFNLQJ LW 'R QRW FRQQHFW

WKHDSSOLDQFHLILWKDVEHHQGDPDJHGLQWUDQVSRUW

7KHDSSOLDQFHFDQRQO\EHXVHGVDIHO\LILWLVFRUUHFWO\LQVWDOOHG

DFFRUGLQJ WR WKH VDIHW\ LQVWUXFWLRQV 7KH LQVWDOOHU LV UHVSRQVLEOH IRU

HQVXULQJWKDWWKHDSSOLDQFHZRUNVSHUIHFWO\DWLWVLQVWDOODWLRQ

ORFDWLRQ

'DQJHURIVXIIRFDWLRQ

3DFNDJLQJPDWHULDOLVGDQJHURXVWRFKLOGUHQ1HYHUDOORZFKLOGUHQ

WRSOD\ZLWKSDFNDJLQJPDWHULDO

5LVNRILQMXU\

■ &RPSRQHQWV LQVLGH WKH DSSOLDQFH PD\ KDYH VKDUS HGJHV :HDU

SURWHFWLYHJORYHV

5LVNRILQMXU\

■ 7KH DSSOLDQFH PD\ IDOO GRZQ LI LW KDV QRW EHHQ SURSHUO\ IDVWHQHG

LQSODFH$OOIDVWHQLQJFRPSRQHQWVPXVWEHIL[HGILUPO\DQG

VHFXUHO\

1RWH 5HJHQHUDWHG RGRXU ILOWHUV PD\ EH GDPDJHG LI WKH\ IDOO RU DUH

GURSSHG7KHGDPDJHLVQRWDOZD\VYLVLEOHIURPWKHRXWVLGH

'LVSRVHRIDQGUHSODFHDQ\RGRXUILOWHUVWKDWIDOORUDUHGURSSHG

,QVWDOODWLRQ

3UHSDULQJIRULQVWDOODWLRQ

■ 7KHLQVWDOODWLRQVLWHPXVWEHHDVLO\DFFHVVLEOHVRWKDWWKH

DSSOLDQFHFDQEHDFFHVVHGIUHHO\IRUVHUYLFLQJ

■ :HUHFRPPHQGDGLVWDQFHRIDWOHDVWPPDQGDPD[LPXP

RIPP7KHFRRNLQJYDSRXUVDUHPRUHGLIILFXOWWRGUDZLQ

WKHIXUWKHUDZD\WKH\DUHIURPWKHKRE

&KHFNLQJWKHLQVWDOODWLRQVXUIDFH

■ 7KHLQVWDOODWLRQVXUIDFHPXVWEHIODWKRUL]RQWDODQGKDYH

VXIILFLHQWORDGEHDULQJFDSDFLW\

■ 7KHPD[ZHLJKWRIWKHDSSOLDQFHLV NJ

1RWHV

■ 7KHVXUIDFHVRIWKHDSSOLDQFHDUHVHQVLWLYH$YRLGGDPDJH

GXULQJWKHLQVWDOODWLRQ

■ &KHFNWKHFXWRXWDUHDIRUH[LVWLQJFDEOHVRIRWKHUDSSOLDQFHV

■ :KHQPRXQWLQJWKHH[WUDFWRUKRRGDVXLWDEOHVXEVWUXFWXUHLV

UHTXLUHGWKDWLVVHFXUHO\IDVWHQHGWRWKHFRQFUHWHFHLOLQJ

■ 'RQRWILWWKHDSSOLDQFHGLUHFWO\RQWRSODVWHUERDUGRUVLPLODU

OLJKWZHLJKWPDWHULDOVLQDVXVSHQGHGFHLOLQJ

■ 7RHQVXUHFRUUHFWLQVWDOODWLRQ\RXPXVWXVHDPDWHULDOZKLFKLV

VXIILFLHQWO\VWDEOHDQGVXLWDEOHIRUERWKWKHVWUXFWXUDOFRQGLWLRQV

DQGWKHZHLJKWRIWKHDSSOLDQFH

3UHSDULQJWKHLQVWDOODWLRQVXUIDFH

7KHFHLOLQJRIWKHLQVWDOODWLRQVXUIDFHPXVWVWLOOEHVWXUG\DIWHUWKH

FXWRXWVKDYHEHHQPDGH

 &RYHUWKHKREWRSURWHFWLWIURPGDPDJH

 0DNHWKHFXWRXWLQWKHFHLOLQJRUVLGHZDOO )LJ 

 $IWHUPDNLQJWKHFXWRXWVUHPRYHDQ\VKDYLQJV

,QVWDOOLQJWKHDSSOLDQFH

: 5LVNRILQMXU\

&RPSRQHQWVLQVLGHWKHDSSOLDQFHPD\KDYHVKDUSHGJHV:HDU

SURWHFWLYHJORYHV

 5HPRYHWKHFRYHU

1RWH 7KH DGDSWHU FDQ EH PRYHG GHSHQGLQJ RQ WKH LQVWDOODWLRQ

VLWXDWLRQ )LJ 

 8QVFUHZWKHDGDSWHUDQGUHTXLUHGSODWHDQGVZLWFKWKHLU

SRVLWLRQV )LJ 

 6FUHZ WKH DGDSWHU DQG SODWH WLJKWO\ LQWR WKH QHZ SRVLWLRQ )LJ 

 )XOO\LQVHUWWKHDSSOLDQFHLQWRWKHFXWRXWXQWLO\RXKHDUWKH

PRXQWLQJEUDFNHWVHQJDJH)LJ 

 &DUHIXOO\WLJKWHQWKHVFUHZVLQVXFFHVVLRQXQWLOWKHDSSOLDQFHLV

IOXVKPRXQWHGLQWKHLQVWDOODWLRQVXUIDFH)LJ 

1RWH 7RHQVXUHWKDWWKHDSSOLDQFHLVQRWGDPDJHGGRQRW

RYHUWLJKWHQWKHVFUHZV

 8QSDFNWKHRGRXUILOWHU)LJ 

1RWH 7KH RGRXU ILOWHU LV KHDY\ /LIW LW FDUHIXOO\ DQG KROG LW LQ SODFH

 ,QVHUW WKH RGRXU ILOWHU DQG WKH PHWDO FOLSV WXUQ WKHP DV IDU DV WKH\

ZLOOJRVRWKDWWKHRGRXUILOWHULVSRVLWLRQHGVHFXUHO\)LJ 

 &ORVHWKHNQXUOHGQXWVRQWKHPHWDOIUDPH)LJ 

 +RRN WKH FRYHU LQWR WKH KROHV RQ WKH XQGHUVLGH RI WKH DSSOLDQFH

)LJ 

3UHVVDJDLQVWWKHFRYHUIURPEHORZWRFORVHLW)LJ 

5HPRYLQJWKHDSSOLDQFH

: 5LVNRILQMXU\

&RPSRQHQWVLQVLGHWKHDSSOLDQFHPD\KDYHVKDUSHGJHV:HDU

SURWHFWLYHJORYHV

 3UHVVDJDLQVWWKHFRYHUIURPEHORZWRRSHQLW

 'HWDFK WKH FRYHU KROGHUV IURP WKH KROHV RQ WKH XQGHUVLGH RI WKH

DSSOLDQFH

 5HPRYHWKHRGRXUILOWHU:KHQ\RXGRWKLVWDNHKROGRIWKH

RGRXUILOWHUIURPXQGHUQHDWKZLWKRQHKDQG

1RWH 7KHRGRXUILOWHULVKHDY\

 8QVFUHZ WKH NQXUOHG QXWV DQG RSHQ WKH PHWDO FOLSV WR UHPRYH WKH

RGRXUILOWHU)LJ 

 /RRVHQ WKH VFUHZV FDUHIXOO\ LQ VXFFHVVLRQ DQG XQVFUHZ WKHP DV

IDUDVWKH\ZLOOJR

 8VH \RXU WKXPEV WR UHDFK LQWR WKH RSHQLQJV DQG SXVK WKH VSULQJ

FODPSVXSZDUGV)LJ 

 5HPRYHWKHDSSOLDQFH

5HJHQHUDWLQJWKHRGRXUILOWHU

:LWKQRUPDOXVHGDLO\IRUDSSUR[ KRXUWKHILOWHUVPXVWEH

UHJHQHUDWHGHYHU\² PRQWKVLQRUGHUWRHQVXUHWKDWRGRXUV

FRQWLQXHWREHHOLPLQDWHGHIIHFWLYHO\

7KHRGRXUILOWHULVDSSURYHGIRUUHJHQHUDWLRQLQDVWDQGDUGRYHQ

: 5LVNRIVFDOGLQJ

7KHRGRXUILOWHUUHPDLQVKRWIRUTXLWHVRPHWLPHDIWHULWKDVEHHQ

UHJHQHUDWHG 'R QRW WRXFK WKH RGRXU ILOWHU VWUDLJKW DIWHU LW KDV EHHQ

UHJHQHUDWHG²DOORZLWWRFRROGRZQ

/HDYH WKH KRW RGRXU ILOWHU WR FRRO GRZQ RQ D KHDWUHVLVWDQW VXUIDFH

1RWHV

■ 2GRXUILOWHUVFDQEHUHJHQHUDWHGXSWRWLPHVDQGPXVWEH

UHSODFHGDWOHDVWRQFHHYHU\\HDUV

■ :LWKQRUPDOXVHGDLO\IRUDSSUR[ KRXURGRXUILOWHUVPXVWEH

UHSODFHGDWOHDVWHYHU\ \HDUV

■ 7KH RGRXU ILOWHU UHPDLQV KRW IRU TXLWH VRPH WLPH DIWHU LW KDV EHHQ

UHJHQHUDWHG 'R QRW SODFH WKH RGRXU ILOWHU GLUHFWO\ RQWR DQ HDVLO\

GDPDJHG VXUIDFH VWUDLJKW DIWHU LW KDV EHHQ UHJHQHUDWHG ² DOORZ LW

WRFRROGRZQVXIILFLHQWO\ILUVW

■ 5HJHQHUDWHGRGRXUILOWHUVPD\EHGDPDJHGLIWKH\IDOORUDUH

GURSSHG7KHGDPDJHLVQRWDOZD\VYLVLEOHIURPWKHRXWVLGH

'LVSRVH RI DQG UHSODFH DQ\ RGRXU ILOWHUV WKDW IDOO RU DUH GURSSHG

■ 'RQRWUHJHQHUDWHRGRXUILOWHUVXVLQJWKHS\URO\WLFVHOIFOHDQLQJ

IXQFWLRQRUVLJQLILFDQWO\DERYH &

■ 7RUHJHQHUDWHWKHRGRXUILOWHUSODFHLWRQDZLUHUDFNDVEDNLQJ

WUD\VPD\EHVFUDWFKHG

■ 1HYHUFOHDQRGRXUILOWHUVZLWKFOHDQLQJSURGXFWVZDWHULQWKH

GLVKZDVKHURUZLWKDGDPSFORWK

■ 2GRXUVPD\GHYHORSZKHQUHJHQHUDWLQJWKHRGRXUILOWHU0DNH

VXUHWKDWWKHURRPLVZHOOYHQWLODWHGDQGRSHQDZLQGRZLI

UHTXLUHG

 3UHVVDJDLQVWWKHFRYHUIURPEHORZWRRSHQLW

 5HPRYHWKHRGRXUILOWHU:KHQ\RXGRWKLVWDNHKROGRIWKH

RGRXUILOWHUIURPXQGHUQHDWKZLWKRQHKDQG

1RWH 7KHRGRXUILOWHULVKHDY\

 +HDWWKHRGRXUILOWHUIRU PLQXWHVDW &LQWKHRYHQ

SUHKHDWHGXVLQJDLUUHFLUFXODWLRQPRGH

 $OORZWKHRGRXUILOWHUWRFRROGRZQ

 ,QVHUW WKH RGRXU ILOWHU DQG WKH PHWDO FOLSV WXUQ WKHP DV IDU DV WKH\

ZLOOJRVRWKDWWKHRGRXUILOWHULVSRVLWLRQHGVHFXUHO\)LJ 

 &ORVHWKHNQXUOHGQXWVRQWKHPHWDOIUDPH)LJ 

 3UHVVDJDLQVWWKHFRYHUIURPEHORZWRFORVHLW)LJ 



1RWLFHGHPRQWDJH

: 3UpFDXWLRQVGHVpFXULWpLPSRUWDQWHV

/LUHDWWHQWLYHPHQWFHPDQXHO&HQHVWTXDORUVTXHYRXVSRXUUH]

XWLOLVHU YRWUH DSSDUHLO FRUUHFWHPHQW HW HQ WRXWH VpFXULWp &RQVHUYHU

ODQRWLFHGXWLOLVDWLRQHWGHPRQWDJHSRXUXQXVDJHXOWpULHXURX

SRXUOHSURSULpWDLUHVXLYDQW

&RQWU{OHUOpWDWGHODSSDUHLODSUqVODYRLUGpEDOOp1HSDVOH

UDFFRUGHUVLOSUpVHQWHGHVDYDULHVGHWUDQVSRUW

/DVpFXULWpGHO·DSSDUHLOjO·XVDJHHVWJDUDQWLHV·LODpWpHQFDVWUp

FRQIRUPpPHQWjODQRWLFHGHPRQWDJH/HPRQWHXUHVW

UHVSRQVDEOH GX IRQFWLRQQHPHQW FRUUHFW VXU OH OLHX R ODSSDUHLO HVW

LQVWDOOp

5LVTXHGDVSK\[LH 

/HPDWpULHOGHPEDOODJHHVWGDQJHUHX[SRXUOHVHQIDQWV1H

SHUPHWWH]MDPDLVDX[HQIDQWVGHMRXHUDYHFOHVPDWpULDX[

G·HPEDOODJH

5LVTXHGHEOHVVXUH 

■ 'HVSLqFHVjOLQWpULHXUGHODSSDUHLOSHXYHQWSUpVHQWHUGHV

DUrWHVYLYHV3RUWHUGHVJDQWVGHSURWHFWLRQ

5LVTXHGHEOHVVXUH 

■ 6L ODSSDUHLO QHVW SDV FRUUHFWHPHQW IL[p LO SHXW WRPEHU 7RXV OHV

pOpPHQWV GH IL[DWLRQ GRLYHQW rWUH PRQWpV VROLGHPHQW HW GH IDoRQ

VUH

5HPDUTXH  /HVILOWUHVjRGHXUVUpJpQpUDEOHVSHXYHQWrWUH

HQGRPPDJpVHQFDVGHFKXWH/HVGpJkWVQHVRQWSDVWRXMRXUV

YLVLEOHVGHOH[WpULHXU(QFDVGHFKXWHGXQILOWUHjRGHXUV

UpJpQpUDEOHOHPHWWUHDXUHEXWHWOHUHPSODFHU

,QVWDOODWLRQ

3UpSDUHUO·LQVWDOODWLRQ

■ /HOLHXGHPRQWDJHGRLWrWUHIDFLOHGDFFqVSRXUTXHODSSDUHLO

VRLWLPPpGLDWHPHQWDFFHVVLEOHHQFDVGHEHVRLQGHQWUHWLHQ

■ 8QpFDUWGDXPRLQV PPHWGXQPD[LPXPGH PPHVW

UHFRPPDQGp ,O HVW SOXV GLIILFLOH GH WUDLWHU OD YDSHXU GH FXLVVRQ j

XQHGLVWDQFHVXSpULHXUH

9pULILHUODVXUIDFHGLQVWDOODWLRQ

■ /DVXUIDFHGLQVWDOODWLRQGRLWrWUHSODQHKRUL]RQWDOHHWRIIULUXQH

SRUWDQFHVXIILVDQWH

■ /DSSDUHLOSqVHDXPD[LPXP NJ

5HPDUTXHV

■ /HVVXUIDFHVGHO·DSSDUHLOVRQWIUDJLOHV/RUVGHOLQVWDOODWLRQ

pYLWHUWRXWGRPPDJH

■ 9pULILHU TXH GHV FkEOHV GDXWUHV DSSDUHLOV QH VH WURXYHQW SDV VXU

OD]RQHGHGpFRXSH

■ /DIL[DWLRQGHODKRWWHDVSLUDQWHQpFHVVLWHXQEkWLLQIpULHXU

DSSURSULpVROLGHPHQWIL[pGDQVOHSODIRQGHQEpWRQ

■ 1HSDVPRQWHUODSSDUHLOGLUHFWHPHQWGDQVOHVSODFRSOkWUHVRX

DXWUHVPDWLqUHVOpJqUHVGXSODIRQGVXUEDLVVp

■ 3RXUJDUDQWLUXQPRQWDJHFRUUHFWXWLOLVHUXQPDWpULDX

VXIILVDPPHQWVWDEOHHWDGDSWpjODVLWXDWLRQGHFRQVWUXFWLRQHW

DXSRLGVGHODSSDUHLO

3UpSDUHUODVXUIDFHGHPRQWDJH

/D VWDELOLWp GH OD VXUIDFH GH PRQWDJH GRLW DXVVL rWUH JDUDQWLH DSUqV

OHVWUDYDX[GHGpFRXSH

 &RXYUH]ODWDEOHGHFXLVVRQDILQGpYLWHUWRXWHQGRPPDJHPHQW

 5pDOLVHUODGpFRXSHGDQVOHSODIRQGRXOHSDQQHDXGHF{Wp

)LJXUH 

 (QOHYH]OHVFRSHDX[DSUqVOHVWUDYDX[GHGpFRXSH

0RQWHUODSSDUHLO

: 5LVTXHGHEOHVVXUH 

'HVSLqFHVjOLQWpULHXUGHODSSDUHLOSHXYHQWSUpVHQWHUGHVDUrWHV

YLYHV3RUWHUGHVJDQWVGHSURWHFWLRQ

 5HWLUHUOHFDFKH

5HPDUTXH  /HUDFFRUGSHXWrWUHGpSODFpVHORQODVLWXDWLRQGH

PRQWDJH )LJXUH

 'pYLVVHUOHUDFFRUGHWODW{OHQpFHVVDLUHHWFKDQJHUODSRVLWLRQ

)LJXUH

 9LVVHUOHUDFFRUGHWODW{OHVXUODQRXYHOOHSRVLWLRQ )LJXUH

 ,QVpUHU HQWLqUHPHQW ODSSDUHLO GDQV OD GpFRXSH MXVTXj FH TXH OHV

VXVSHQVLRQVVHQFOLTXqWHQWGHPDQLqUHDXGLEOH)LJXUH 

 6HUUHUDYHFSUpFDXWLRQOHVYLVOHVXQHVDSUqVOHVDXWUHVMXVTXj

FHTXHODSSDUHLOVRLWjIOHXUGDQVODVXUIDFHGHPRQWDJH

)LJXUH 

5HPDUTXH  1HSDVVHUUHUOHVYLVWURSIRUWDILQGHQHSDV

HQGRPPDJHUODSSDUHLO

 'pEDOOHUOHILOWUHjRGHXUV)LJXUH 

5HPDUTXH  /H ILOWUH j RGHXUV HVW ORXUG  6RXOHYHU GRXFHPHQW HW

OHPDLQWHQLUIHUPHPHQW

 0HWWUHHQSODFHOHILOWUHjRGHXUVHWWRXUQHUOpWULHUPpWDOOLTXH

MXVTXHQ EXWpH DILQ TXH OH ILOWUH j RGHXUV UHSRVH GH PDQLqUH VUH

)LJXUH 

 6HUUHUOHVpFURXVPROHWpVGHOpWULHUPpWDOOLTXH)LJXUH 

 $FFURFKHU OH FDFKH GDQV OHV RULILFHV VXU OH GHVVRXV GH ODSSDUHLO

)LJXUH 

$SSX\HUSDUOHEDVFRQWUHOHFDFKHSRXUOHIHUPHU)LJXUH 

'pPRQWHUODSSDUHLO

: 5LVTXHGHEOHVVXUH 

'HVSLqFHVjOLQWpULHXUGHODSSDUHLOSHXYHQWSUpVHQWHUGHVDUrWHV

YLYHV3RUWHUGHVJDQWVGHSURWHFWLRQ

 $SSX\HUVXUOHFDFKHSDUOHEDVSRXUORXYULU

 'pFURFKHUGHVRULILFHVOHVIL[DWLRQVGXFDFKHVXUOHGHVVRXVGH

ODSSDUHLO

 'pSRVHU OH ILOWUH j RGHXUV 6DLVLU OH ILOWUH j RGHXUV SDU OH EDV DYHF

XQHPDLQ

5HPDUTXH  /HILOWUHjRGHXUVHVWORXUG 

 'HVVHUUHUOHVpFURXVPROHWpVHWRXYULUOpWULHUPpWDOOLTXHSRXU

H[WUDLUHOHILOWUHjRGHXUV)LJXUH 

 'HVVHUUHUSUXGHPPHQWOHVYLVVXFFHVVLYHPHQWHWOHVWRXUQHU

MXVTXHQEXWpH

 ,QWURGXLUHOHSRXFHGHODPDLQGDQVOHVRULILFHVHWSRXVVHUOH

UHVVRUWWHQGHXUYHUVOHKDXW)LJXUH 

 5HWLUHUODSSDUHLO

5pJpQpUHUOHILOWUHjRGHXUV

$ILQGHJDUDQWLUODFDSDFLWpGHUpWHQWLRQGHVRGHXUVOHVILOWUHV

GRLYHQWrWUHUpJpQpUpVWRXVOHVj PRLVHQIRQFWLRQQHPHQW

QRUPDOHQYLURQ KHXUHSDUMRXU

/HILOWUHjRGHXUVSHXWrWUHUpJpQpUpGDQVXQIRXUXVXHO

: 5LVTXHGHEUOXUH 

/HILOWUHjRGHXUVUHVWHORQJWHPSVFKDXGDSUqVVDUpJpQpUDWLRQ

1HSDVOHWRXFKHUGLUHFWHPHQWDSUqVVDUpJpQpUDWLRQODLVVHU

GDERUGOHILOWUHUHIURLGLU

3RXUOHODLVVHUUHIURLGLUGpSRVHUOHILOWUHjRGHXUVFKDXGVXUXQ

VXSSRUWUpVLVWDQWjODFKDOHXU

5HPDUTXHV

■ /HVILOWUHVjRGHXUVSHXYHQWrWUHUpJpQpUpV IRLVHWGRLYHQW

rWUHUHPSODFpVDXPRLQVWRXVOHV DQV

■ /HVILOWUHVjRGHXUVGRLYHQWrWUHUHPSODFpVDXPRLQVWRXVOHV

 DQVHQIRQFWLRQQHPHQWQRUPDOHQY KSDUMRXU

■ /H ILOWUH j RGHXUV UHVWH ORQJWHPSV FKDXG DSUqV VD UpJpQpUDWLRQ

1HSDVSODFHUOHILOWUHjRGHXUVGLUHFWHPHQWVXUGHVVXUIDFHV

VHQVLEOHV DSUqV VD UpJpQpUDWLRQ PDLV OH ODLVVHU GDERUG UHIURLGLU

VXIILVDPPHQWGHWHPSV

■ /HV ILOWUHV j RGHXUV UpJpQpUDEOHV SHXYHQW rWUH HQGRPPDJpV HQ

FDVGHFKXWH/HVGpJkWVQHVRQWSDVWRXMRXUVYLVLEOHVGH

OH[WpULHXU(QFDVGHFKXWHGXQILOWUHjRGHXUVUpJpQpUDEOHOH

PHWWUHDXUHEXWHWOHUHPSODFHU

■ 1HSDVUpJpQpUHUOHILOWUHVjRGHXUVGDQVODS\URO\VHQLjXQH

WHPSpUDWXUHQHWWHPHQWVXSpULHXUHj &

■ 3RVHUOHILOWUHjRGHXUVVXUXQHJULOOHSRXUOHSURFHVVXVGH

UpJpQpUDWLRQFDUOHVW{OHVGHFXLVVRQULVTXHQWGHVHUD\HU

■ 1H MDPDLV QHWWR\HU OH ILOWUH j RGHXUV DYHF GX GpWHUJHQW GH OHDX

GDQVOHODYHYDLVVHOOHQLDYHFXQFKLIIRQKXPLGH

■ /D UpJpQpUDWLRQ GX ILOWUH j RGHXUV SHXW HQWUDvQHU XQ GpJDJHPHQW

GRGHXU$VVXUH]YRXVTXHODSLqFHVRLWELHQYHQWLOpHHWRXYUH]

XQHIHQrWUHVLQpFHVVDLUH

 $SSX\HUSDUOHEDVFRQWUHOHFDFKHSRXUORXYULU

 'pSRVHU OH ILOWUH j RGHXUV 6DLVLU OH ILOWUH j RGHXUV SDU OH EDV DYHF

XQHPDLQ

5HPDUTXH  /HILOWUHjRGHXUVHVWORXUG 

 5pJpQpUHUOHILOWUHjRGHXUVGDQVXQIRXUSUpFKDXIIpFKDOHXU

YHQWLOpHj&SHQGDQWPLQXWHV

 /DLVVHUUHIURLGLUOHILOWUHjRGHXUV

 0HWWUHHQSODFHOHILOWUHjRGHXUVHWWRXUQHUOpWULHUPpWDOOLTXH

MXVTXHQ EXWpH DILQ TXH OH ILOWUH j RGHXUV UHSRVH GH PDQLqUH VUH

)LJXUH 

 6HUUHUOHVpFURXVPROHWpVGHOpWULHUPpWDOOLTXH)LJXUH 

 $SSX\HUSDUOHEDVFRQWUHOHFDFKHSRXUOHIHUPHU)LJXUH 



,QVWDOODWLHYRRUVFKULIW

: %HODQJULMNHYHLOLJKHLGVYRRUVFKULIWHQ

/HHVGH]HJHEUXLNVDDQZLM]LQJ]RUJYXOGLJGRRU$OOHHQGDQNXQWX

XZDSSDUDDWJRHGHQYHLOLJEHGLHQHQ%HZDDUGH

JHEUXLNVDDQZLM]LQJ YRRU ODWHU JHEUXLN RI RP GRRU WH JHYHQ DDQ HHQ

YROJHQGHHLJHQDDU

&RQWUROHHU KHW DSSDUDDW QD KHW XLWSDNNHQ 1LHW DDQVOXLWHQ LQ JHYDO

YDQWUDQVSRUWVFKDGH

'HYHLOLJKHLGLVDOOHHQJHZDDUERUJGELMHHQGHVNXQGLJHPRQWDJH

YROJHQVGHPRQWDJHKDQGOHLGLQJ'HLQVWDOODWHXULV

YHUDQWZRRUGHOLMNYRRUHHQJRHGHZHUNLQJRSGHSODDWVYDQ

RSVWHOOLQJ

9HUVWLNNLQJVJHYDDU

9HUSDNNLQJVPDWHULDDOLVJHYDDUOLMNYRRUNLQGHUHQ.LQGHUHQQRRLW

PHWYHUSDNNLQJVPDWHULDDOODWHQVSHOHQ

5LVLFRYDQOHWVHO

■ %HSDDOGHRQGHUGHOHQLQKHWWRHVWHONXQQHQVFKHUSHUDQGHQ

KHEEHQ9HLOLJKHLGVKDQGVFKRHQHQGUDJHQ

5LVLFRYDQOHWVHO

■ ,VKHWWRHVWHOQLHWQDDUEHKRUHQEHYHVWLJGGDQNDQKHWQDDU

EHQHGHQYDOOHQ$OOHEHYHVWLJLQJVVFKURHYHQPRHWHQYDVWHQ

YHLOLJZRUGHQJHPRQWHHUG

$DQZLM]LQJ 5HJHQHUHHUEDUHJHXUILOWHUVNXQQHQGRRUWHYDOOHQ

ZRUGHQEHVFKDGLJG'HEHVFKDGLJLQJHQ]LMQYDQEXLWHQQLHWDOWLMG

]LFKWEDDU9RHUJHYDOOHQUHJHQHHUEDUHJHXUILOWHUVDIHQYHUYDQJ

]H

,QVWDOODWLH

,QVWDOODWLHYRRUEHUHLGHQ

■ 'H PRQWDJHSODDWV PRHW ]RQGHU SUREOHHP WRHJDQNHOLMN ]LMQ ]RGDW

KHWDSSDUDDWELMVHUYLFHRQJHKLQGHUGEHUHLNEDDULV

■ 'H DIVWDQG YDQ PLQVWHQV  PP HQ PD[LPDDO  PP LV DDQ

WHEHYHOHQ'HNRRNGDPSZRUGWPHWWRHQHPHQGHDIVWDQGYDQ

GHNRRNSODDWPRHLOLMNHUDIJH]RJHQ

,QERXZYODNFRQWUROHUHQ

■ +HWLQERXZYODNPRHWYODNHQKRUL]RQWDDO]LMQHQYROGRHQGH

GUDDJYHUPRJHQKHEEHQ

■ +HWPD[JHZLFKWYDQKHWDSSDUDDWEHGUDDJW NJ

$DQZLM]LQJHQ

■ 'H RSSHUYODNNHQ YDQ KHW DSSDUDDW ]LMQ JHYRHOLJ%LM GH LQVWDOODWLH

EHVFKDGLJLQJYHUPLMGHQ

■ 8LWVQLMJHGHHOWHRSYRRUKDQGHQNDEHOSODDWVLQJYDQDQGHUH

DSSDUDWHQFRQWUROHUHQ

■ 9RRU GH EHYHVWLJLQJ LV HHQ SDVVHQG IUDPH QRGLJ GDW JRHG LQ KHW

EHWRQQHQSODIRQGLVYDVWJHPDDNW

■ +HW DSSDUDDW PDJ QLHW GLUHFW LQ JLSVNDUWRQSODWHQ RI JHOLMNVRRUWLJ

OLFKWERXZPDWHULDDOYDQHHQYULMKDQJHQGSODIRQGZRUGHQ

JHPRQWHHUG

■ 9RRUHHQMXLVWHPRQWDJHGLHQWXPDWHULDDOWHJHEUXLNHQGDW

YROGRHQGH VWDELHO HQ DDQJHSDVW LV DDQ GH ERXZNXQGLJH VLWXDWLH

HQKHWJHZLFKWYDQKHWPDWHULDDO

,QERXZYODNYRRUEHUHLGHQ

'HVWDELOLWHLWYDQKHWLQERXZYODNPRHWRRNQDGH

XLWVQLMZHUN]DDPKHGHQJHZDDUERUJG]LMQ

 .RRNSODDWDIGHNNHQWHUYRRUNRPLQJYDQEHVFKDGLJLQJ

 8LWVQLMGLQJLQSODIRQGRI]LMZDQGPDNHQ$IE 

 1DXLWVQLMZHUN]DDPKHGHQGHVSDDQGHUVYHUZLMGHUHQ

$SSDUDDWPRQWHUHQ

: 5LVLFRYDQOHWVHO

%HSDDOGHRQGHUGHOHQLQKHWWRHVWHONXQQHQVFKHUSHUDQGHQ

KHEEHQ9HLOLJKHLGVKDQGVFKRHQHQGUDJHQ

 $IGHNNLQJYHUZLMGHUHQ

$DQZLM]LQJ 'HVWHXQNDQDIKDQNHOLMNYDQGHLQERXZVLWXDWLH

ZRUGHQYHUSODDWVW $IE 

 6WHXQHQEHQRGLJGHSODDWDIVFKURHYHQHQSRVLWLHYHUZLVVHOHQ

$IE 

 6WHXQHQSODDWRSQLHXZHSRVLWLHYDVWVFKURHYHQ $IE 

 $SSDUDDWYROOHGLJLQGHXLWVSDULQJDDQEUHQJHQWRWGH

RSKDQJLQJHQKRRUEDDUYDVWNOLNNHQ$IE 

 6FKURHYHQQDHONDDUYRRU]LFKWLJDDQWUHNNHQWRWKHWDSSDUDDW

YODNLQKHWLQERXZYODNDDQOLJW$IE 

$DQZLM]LQJ 6FKURHYHQ QLHW WH KDUG DDQGUDDLHQ RP KHW DSSDUDDW

QLHWWHEHVFKDGLJHQ

 *HXUILOWHUXLWSDNNHQ$IE 

$DQZLM]LQJ *HXUILOWHULV]ZDDU9RRU]LFKWLJRSWLOOHQHQJRHG

YDVWKRXGHQ

 *HXUILOWHUSODDWVHQHQGHPHWDOHQEHXJHOWRWDDQGHDDQVODJ

GUDDLHQ]RGDWGHJHXUILOWHUJRHGDDQOLJW$IE 

 .DUWHOPRHUHQDDQGHPHWDOHQEHXJHOGLFKWGDDLHQ$IE 

 $IGHNNLQJLQGHRSHQLQJHQDDQGHRQGHUNDQWYDQKHWDSSDUDDW

LQKDQJHQ$IE 

9DQRQGHUHQWHJHQGHDIGHNNLQJGUXNNHQRPGH]HWHVOXLWHQ

$IE 

$SSDUDDWGHPRQWHUHQ

: 5LVLFRYDQOHWVHO

%HSDDOGHRQGHUGHOHQLQKHWWRHVWHONXQQHQVFKHUSHUDQGHQ

KHEEHQ9HLOLJKHLGVKDQGVFKRHQHQGUDJHQ

 9DQRQGHUHQWHJHQGHDIGHNNLQJGUXNNHQRPGH]HWHRSHQHQ

 +RXGHUVYDQGHDIGHNNLQJXLWGHRSHQLQJHQDDQGHRQGHUNDQW

YDQKHWDSSDUDDWXLWKDQJHQ

 *HXUILOWHUGHPRQWHUHQ+LHUELMPHWHHQKDQGRQGHUGHJHXUILOWHU

JULMSHQ

$DQZLM]LQJ *HXUILOWHULV]ZDDU

 .DUWHOPRHUHQ RSHQGUDDLHQ HQ GH PHWDOHQ EHXJHOV RSHQHQ RP GH

JHXUILOWHUWHYHUZLMGHUHQ$IE 

 6FKURHYHQ QD HONDDU YRRU]LFKWLJ ORVPDNHQ HQ WRW DDQ GH DDQVODJ

XLWGUDDLHQ

 0HW GH GXLPHQ LQ GH RSHQLQJHQ JULMSHQ HQ GH YHHUVSDQQHU QDDU

ERYHQGUXNNHQ$IE 

 $SSDUDDWYHUZLMGHUHQ

*HXUILOWHUUHJHQHUHUHQ

2PKHWQLYHDXYDQJHXUDIVFKHLGLQJWHZDDUERUJHQPRHWHQGH

ILOWHUVELMQRUPDDOJHEUXLNGDJHOLMNVFD XXUHONH PDDQGHQ

ZRUGHQJHUHJHQHUHHUG

'HJHXUILOWHULVYRRUGHUHJHQHUDWLHLQHHQJHZRQHRYHQ

WRHJHVWDDQ

: *HYDDUYRRUYHUEUDQGLQJ

'H JHXUILOWHU EOLMIW QD KHW UHJHQHUHUHQ ODQJ KHHW 'H JHXUILOWHU GLUHFW

QDKHWUHJHQHUHUHQQLHWDDQUDNHQPDDUODWHQDINRHOHQ

'HKHWHJHXUILOWHURPDIWHNRHOHQRSHHQKLWWHEHVWHQGLJH

RQGHUODDJOHJJHQ

$DQZLM]LQJHQ

■ *HXUILOWHUV NXQQHQ PD[LPDDO  NHHU ZRUGHQ JHUHJHQHUHHUG HQ

PRHWHQXLWHUOLMNQDMDDUZRUGHQYHUYDQJHQ

■ *HXUILOWHUVPRHWHQELMQRUPDDOJHEUXLNGDJHOLMNVFD XXU

WHQPLQVWHRPGH MDDUZRUGHQYHUZLVVHOG

■ *HXUILOWHUEOLMIWQDKHWUHJHQHUHUHQODQJKHHW*HXUILOWHUQDKHW

UHJHQHUHUHQ QLHW GLUHFW RS JHYRHOLJH RSSHUYODNNHQ OHJJHQ PDDU

HHUVWYROGRHQGHODWHQDINRHOHQ

■ 5HJHQHUHHUEDUHJHXUILOWHUVNXQQHQGRRUWHYDOOHQZRUGHQ

EHVFKDGLJG'HEHVFKDGLJLQJHQ]LMQYDQEXLWHQQLHWDOWLMG

]LFKWEDDU9RHUJHYDOOHQUHJHQHHUEDUHJHXUILOWHUVDIHQYHUYDQJ

]H

■ *HXUILOWHUQLHWLQGHS\URO\VHRIGXLGHOLMNERYHQ&

UHJHQHUHUHQ

■ *HXUILOWHUYRRUKHWUHJHQHUDWLHSURFHVRSHHQURRVWHUOHJJHQ

RPGDWEDNSODWHQJHNUDVWNXQQHQZRUGHQ

■ *HXUILOWHUVQRRLWUHLQLJHQPHWVFKRRQPDDNPLGGHOHQPHWZDWHU

LQGHYDDWZDVPDFKLQHRIPHWHHQQDWWHGRHN

■ %LM KHW UHJHQHUHUHQ YDQ GH JHXUILOWHU NDQ KHW WRW JHXURQWZLNNHOLQJ

NRPHQ=RUJHUYRRUGDWGHUXLPWHJRHGLVJHYHQWLOHHUGHQRSHQ

LQGLHQQRGLJHHQYHQVWHU

 9DQRQGHUHQWHJHQGHDIGHNNLQJGUXNNHQRPGH]HWHRSHQHQ

 *HXUILOWHUGHPRQWHUHQ+LHUELMPHWHHQKDQGRQGHUGHJHXUILOWHU

JULMSHQ

$DQZLM]LQJ *HXUILOWHULV]ZDDU

 *HXUILOWHULQGHYRRUYHUZDUPGHRYHQELM&FLUFXODWLHOXFKW

JHGXUHQGHPLQXWHQUHJHQHUHUHQ

 *HXUILOWHUODWHQDINRHOHQ

 *HXUILOWHUSODDWVHQHQGHPHWDOHQEHXJHOWRWDDQGHDDQVODJ

GUDDLHQ]RGDWGHJHXUILOWHUJRHGDDQOLJW$IE 

 .DUWHOPRHUHQDDQGHPHWDOHQEHXJHOGLFKWGDDLHQ$IE 

 9DQRQGHUHQWHJHQGHDIGHNNLQJGUXNNHQRPGH]HWHVOXLWHQ

$IE 



,VWUX]LRQLSHULOPRQWDJJLR

: ,PSRUWDQWLDYYHUWHQ]HGLVLFXUH]]D

/HJJHUHDWWHQWDPHQWHOHSUHVHQWLLVWUX]LRQLSHUOXVR6RORFRVuq

SRVVLELOHXWLOL]]DUHODSSDUHFFKLRLQPRGRVLFXURHFRUUHWWR

&XVWRGLUHFRQODPDVVLPDFXUDOHSUHVHQWLLVWUX]LRQLSHUOXVRHLO

PRQWDJJLRLQFDVRGLXQXWLOL]]RIXWXURRFHVVLRQHDWHU]L

&RQWUROODUHODSSDUHFFKLRGRSRDYHUORGLVLPEDOODWR4XDORUDVL

IRVVHURYHULILFDWLGDQQLGDWUDVSRUWRQRQFROOHJDUHODSSDUHFFKLR

/DVLFXUH]]DGLXWLOL]]RqJDUDQWLWDVRORLQFDVRGLLQVWDOOD]LRQH

VHFRQGROHUHJROHGLEXRQDWHFQLFDULSRUWDWHQHOOHLVWUX]LRQLGL

PRQWDJJLR/LQVWDOODWRUHqUHVSRQVDELOHGHOFRUUHWWR

IXQ]LRQDPHQWRQHOOXRJRGLLQVWDOOD]LRQH

3HULFRORGLVRIIRFDPHQWR

,OPDWHULDOHGLPEDOODJJLRqSHULFRORVRSHULEDPELQL1RQODVFLDUH

PDLFKHLEDPELQLJLRFKLQRFRQLOPDWHULDOHGLLPEDOODJJLR

3HULFRORGLOHVLRQL

■ $OFXQLFRPSRQHQWLDOOLQWHUQRGHOODSSDUHFFKLRSRVVRQRHVVHUH

DIILODWL,QGRVVDUHJXDQWLSURWHWWLYL

3HULFRORGLOHVLRQL

■ 6HODSSDUHFFKLRQRQYLHQHILVVDWRFRUUHWWDPHQWHSXzFDGHUH

7XWWLJOLHOHPHQWLGLILVVDJJLRGHYRQRHVVHUHPRQWDWLLQPRGR

VDOGRHVLFXUR

$YYHUWHQ]D ,ILOWULRGRULULQQRYDELOLSRVVRQRHVVHUHGDQQHJJLDWLD

FDXVDGLFDGXWH,GDQQLQRQVRQRVHPSUHYLVLELOLGDOOHVWHUQR

6PDOWLUHHVRVWLWXLUHLILOWULRGRULULQQRYDELOLFKHVRQRFDGXWL

,QVWDOOD]LRQH

3UHSDUD]LRQHGHOOLQVWDOOD]LRQH

■ ,O OXRJR GL PRQWDJJLR GHYH HVVHUH DFFHVVLELOH VHQ]D SUREOHPL LQ

PRGRWDOHFKHLQFDVRGLQHFHVVLWjSRVVDHVVHUHUDJJLXQWR

VHQ]DLPSHGLPHQWR

■ 6L FRQVLJOLD XQD GLVWDQ]D PLQLPD GL  PP H PDVVLPD GL 

,OYDSRUHGLFRWWXUDYLHQHULOHYDWRSLGLIILFLOPHQWHFRQXQD

GLVWDQ]DPDJJLRUHULVSHWWRDOOD]RQDFRWWXUD

&RQWUROORGHOODVXSHUILFLHGLPRQWDJJLR

■ /DVXSHUILFLHGLPRQWDJJLRGHYHHVVHUHSLDQDRUL]]RQWDOHH

VXIILFLHQWHPHQWHVROLGDHUHVLVWHQWH

■ ,OSHVRPD[GHOODSSDUHFFKLRqSDULD NJ

$YYHUWHQ]H

■ /HVXSHUILFLGHOO·DSSDUHFFKLRVRQRGHOLFDWH(YLWDUHGDQQL

GXUDQWHOLQVWDOOD]LRQH

■ &RQWUROODUH ODSHUWXUD GHVWLQDWD DOOD SRVD GHL FDYL SUHVHQWL GL DOWUL

DSSDUHFFKL

■ 3HULOILVVDJJLRqQHFHVVDULDXQDVWUXWWXUDLQEDVVRDGDWWDEHQ

VDOGDQHOVRIILWWRLQFDOFHVWUX]]R

■ 1RQPRQWDUHODSSDUHFFKLRGLUHWWDPHQWHQHOOHSLDVWUHGL

FDUWRQJHVVRRLQXQPDWHULDOHHGLOHOHJJHURVLPLOHGHO

FRQWURVRIILWWR

■ 3HU LO FRUUHWWR PRQWDJJLR XWLOL]]DUH XQ PDWHULDOH VXIILFLHQWHPHQWH

VWDELOHDGDWWRDOOHFRQGL]LRQLFRVWUXWWLYHHDOSHVR

GHOODSSDUHFFKLR

3UHSDUD]LRQHGHOODVXSHUILFLHGLPRQWDJJLR

/DVWDELOLWjGHOODVXSHUILFLHGLPRQWDJJLRGHYHHVVHUHJDUDQWLWD

DQFKHGRSRLODYRULGLWDJOLR

 &RSULUHLOSLDQRGLFRWWXUDSHUHYLWDUHGLGDQQHJJLDUOR

 5HDOL]]DUHXQDSHUWXUDVXOVRIILWWRRQHOODSDUHWHODWHUDOH

)LJXUD

 5LPXRYHUHLWUXFLROLGRSRLODYRULGLWDJOLR

0RQWDJJLRGHOO·DSSDUHFFKLR

: 3HULFRORGLOHVLRQL

$OFXQLFRPSRQHQWLDOOLQWHUQRGHOODSSDUHFFKLRSRVVRQRHVVHUH

DIILODWL,QGRVVDUHJXDQWLSURWHWWLYL

 5LPXRYHUHODFRSHUWXUD

$YYHUWHQ]D ËSRVVLELOHVSRVWDUHLOVXSSRUWRDVHFRQGDGHOOD

VLWXD]LRQHGLPRQWDJJLR )LJXUD

 6YLWDUHLVXSSRUWLHODWHJOLDQHFHVVDULDHFDPELDUHSRVL]LRQH

)LJXUD

 6HUUDUHLVXSSRUWLHODJULJOLDQHOODQXRYDSRVL]LRQH )LJXUD

 ,QVHULUHFRPSOHWDPHQWHODSSDUHFFKLRDOOLQWHUQRGHOODSHUWXUD

ILQFKp OH VRVSHQVLRQL QRQ VL LQFDVWUDQR FRQ XQR VFDWWR )LJXUD 

 6HUUDUH DWWHQWDPHQWH OH YLWL XQD GRSR ODOWUD ILQFKp ODSSDUHFFKLR

QRQVLWURYDDILORGHOODVXSHUILFLHGLPRQWDJJLR)LJXUD

$YYHUWHQ]D 1RQVHUUDUHWURSSROHYLWLSHUQRQGDQQHJJLDUH

ODSSDUHFFKLR

 'LVLPEDOODUHLOILOWURRGRUL)LJXUD

$YYHUWHQ]D ,OILOWURRGRULqSHVDQWH6ROOHYDUHFRQFDXWHODH

WHQHUHEHQIHUPR

 ,QVHULUH LO ILOWUR RGRUL H UXRWDUH OD VWDIID GL PHWDOOR ILQR DOOD EDWWXWD

DIILQFKpLOILOWURSRJJLLQVLFXUH]]D)LJXUD

 5XRWDUHLGDGL]LJULQDWLVXOODVWDIIDPHWDOOLFD)LJXUD

 $JJDQFLDUHODFRSHUWXUDQHOODSHUWXUDVXOODWRLQIHULRUH

GHOODSSDUHFFKLR)LJXUD

3UHPHUH GDO EDVVR FRQWUR OD FRSHUWXUD SHU FKLXGHUOD )LJXUD 

6PRQWDJJLRGHOODSSDUHFFKLR

: 3HULFRORGLOHVLRQL

$OFXQLFRPSRQHQWLDOOLQWHUQRGHOODSSDUHFFKLRSRVVRQRHVVHUH

DIILODWL,QGRVVDUHJXDQWLSURWHWWLYL

 3UHPHUHGDOEDVVRFRQWURODFRSHUWXUDSHUDSULUOD

 6JDQFLDUHLVXSSRUWLGHOODFRSHUWXUDGDOOHDSHUWXUHVXOODWR

LQIHULRUHGHOODSSDUHFFKLR

 6PRQWDUHLOILOWURRGRUL&RQXQDPDQRDIIHUUDUHLOILOWURRGRULGD

VRWWR

$YYHUWHQ]D ,OILOWURRGRULqSHVDQWH

 $OOHQWDUH L GDGL ]LJULQDWL H DSULUH OD VWDIID PHWDOOLFD SHU ULPXRYHUH

LOILOWURRGRUL)LJXUD

 6YLWDUHDWWHQWDPHQWHOHYLWLXQDGRSRODOWUDHGHVWUDUOHILQRDOOD

EDWWXWD

 $IIHUUDUHFRQLSROOLFLQHOOHDSHUWXUHHSUHPHUHYHUVRODOWRLO

GLVSRVLWLYRGLILVVDJJLRDPROOD)LJXUD

 5LPXRYHUHODSSDUHFFKLR

5LJHQHUD]LRQHGHOILOWURRGRUL

3HUJDUDQWLUHODULGX]LRQHGHLFDWWLYLRGRULLQFDVRGLHVHUFL]LR

QRUPDOHFLUFD RUDDOJLRUQRqQHFHVVDULRULJHQHUDUHLILOWULRJQL

 PHVL

ËFRQVHQWLWRULJHQHUDUHLOILOWURRGRULLQXQQRUPDOHIRUQR

: 3HULFRORGL XVWLRQL

'RSRODULJHQHUD]LRQHLOILOWURRGRULULPDQHFDOGRDOXQJR1RQ

WRFFDUHLOILOWURRGRULVXELWRGRSRODULJHQHUD]LRQHPDODVFLDUOR

UDIIUHGGDUH

5LSRUUHLOILOWURRGRULFDOGRVXXQDVXSHUILFLHUHVLVWHQWHDOFDORUH

DIILQFKpVLUDIIUHGGL

$YYHUWHQ]H

■ ,ILOWULRGRULSRVVRQRHVVHUHULJHQHUDWLILQRDYROWHHGHYRQR

HVVHUHVRVWLWXLWLDOPHQRGRSRDQQL

■ ,QFDVRGLHVHUFL]LRQRUPDOHFLUFD RUDDOJLRUQRLILOWULRGRUL

GHYRQRHVVHUHVRVWLWXLWLDOPHQRRJQL DQQL

■ 'RSRODULJHQHUD]LRQHLOILOWURRGRULULPDQHFDOGRDOXQJR1RQ

DSSRJJLDUHLOILOWURRGRULVXELWRGRSRODULJHQHUD]LRQHDFRQWDWWR

GLUHWWRFRQVXSHUILFLGHOLFDWHODVFLDUORSULPDUDIIUHGGDUHD

VXIILFLHQ]D

■ ,ILOWULRGRULULQQRYDELOLSRVVRQRHVVHUHGDQQHJJLDWLDFDXVDGL

FDGXWH,GDQQLQRQVRQRVHPSUHYLVLELOLGDOOHVWHUQR6PDOWLUHH

VRVWLWXLUHLILOWULRGRULULQQRYDELOLFKHVRQRFDGXWL

■ 1RQULJHQHUDUHLOILOWURRGRULFRQODSLUROLVLRPROWRROWUH&

■ 3HULOSURFHVVRGLULJHQHUD]LRQHSRVL]LRQDUHLOILOWURRGRULVXXQD

JULJOLDSRLFKpOHWHJOLHGDIRUQRSRWUHEEHURJUDIILDUVL

■ 1RQSXOLUHPDLLOILOWURRGRULFRQGHWHUJHQWLFRQDFTXDLQ

ODYDVWRYLJOLHRFRQXQSDQQREDJQDWR

■ /DULJHQHUD]LRQHGHOILOWURRGRULSXzFDXVDUHODIRUPD]LRQHGL

RGRUL$VVLFXUDUVLFKHODVWDQ]DVLDEHQDULHJJLDWDHVH

QHFHVVDULRDSULUHXQDILQHVWUD

 3UHPHUHGDOEDVVRFRQWURODFRSHUWXUDSHUDSULUOD

 6PRQWDUHLOILOWURRGRUL&RQXQDPDQRDIIHUUDUHLOILOWURRGRULGD

VRWWR

$YYHUWHQ]D ,OILOWURRGRULqSHVDQWH

 5LJHQHUDUHLOILOWURRGRULLQIRUQRSUHULVFDOGDWRD&

FRPELQD]LRQHFRQDULDSHU PLQXWL

 /DVFLDUUDIIUHGGDUHLOILOWURRGRUL

 ,QVHULUH LO ILOWUR RGRUL H UXRWDUH OD VWDIID GL PHWDOOR ILQR DOOD EDWWXWD

DIILQFKpLOILOWURSRJJLLQVLFXUH]]D)LJXUD

 5XRWDUHLGDGL]LJULQDWLVXOODVWDIIDPHWDOOLFD)LJXUD

 3UHPHUHGDOEDVVRFRQWURODFRSHUWXUDSHUFKLXGHUOD)LJXUD



0RQWHULQJVDQYLVQLQJ

: 9LNWLJDVlNHUKHWVDQYLVQLQJDU

/lV EUXNVDQYLVQLQJHQ QRJJUDQW 'HW lU YLNWLJW I|U DWW GX VND NXQQD

DQYlQGDHQKHWHQVlNHUWRFKSnUlWWVlWW6SDUDEUXNVRFK

PRQWHULQJVDQYLVQLQJHQI|UIUDPWLGDEUXNRFKHYHQWXHOOD

NRPPDQGHlJDUH

.RQWUROOHUD HQKHWHQ HIWHU XSSDFNQLQJ $QVOXW LQWH HQKHWHQ RP GHQ

KDUWUDQVSRUWVNDGRU

(QVlNHUDQYlQGQLQJNDQEDUDJDUDQWHUDVRPVSLVIOlNWHQ

PRQWHUDVSnIDFNPlVVLJWVlWWRFKLHQOLJKHWPHG

PRQWHULQJVDQYLVQLQJHQ ,QVWDOODW|UHQ DQVYDUDU I|U HQ IHOIUL IXQNWLRQ

SnSODWVHQ

.YlYQLQJVULVN

)|USDFNQLQJVPDWHULDOlUIDUOLJWI|UEDUQ/nWDOGULJEDUQOHNDPHG

I|USDFNQLQJVPDWHULDOHW

6NDGHULVN

■ (QGHONRPSRQHQWHULQXWLHQKHWHQKDUYDVVDNDQWHU%lUDOOWLG

VN\GGVKDQGVNDU

6NDGHULVN

■ 2PHQKHWHQLQWHlURUGHQWOLJWIlVWSnYlJJHQVnNDQGHQIDOOD

QHG$OODIlVWNRPSRQHQWHUPnVWHPRQWHUDVVWDGLJWRFKVlNHUW

$QYLVQLQJ 5HJHQHUHUEDUDRVILOWHUNDQEOLVNDGDGHRPGHIDOOHU

QHG 6NDGRUQD JnU LQWH DOOWLG DWW VH XWYlQGLJW 2PKlQGHUWD RFK E\W

RVILOWHUVRPIDOOLWQHG

,QVWDOODWLRQ

)|UEHUHGDLQVWDOODWLRQHQ

■ 0RQWHULQJVSODWVHQ PnVWH Jn DWW NRPPD nW VPLGLJW I|U VHUYLFH DY

HQKHWHQ

■ +nOO UHN DYVWnQG RP PLQ  PP RFK PD[  PP -X OlQJUH

ERUWIUnQKlOOHQGHVWRVYnUDUHDWWInERUWPDWRVHW

.RQWUROOHUDLQE\JJQDGV\WDQ

■ ,QE\JJQDGV\WDQPnVWHYDUDSODQYnJUlWRFKKDWLOOUlFNOLJ

KnOOIDVWKHW

■ (QKHWHQVPD[YLNWlU NJ

$QYLVQLQJ

■ +|OMHWlUNlQVOLJW8QGYLNDWWVNDGDGHWYLGLQVWDOODWLRQHQ

■ .RQWUROOHUDXUWDJVGHOHQPDSEHILQWOLJOHGQLQJVGUDJQLQJRFK

DQGUDHQKHWHU

■ ,QIlVWQLQJHQNUlYHUHQVlUVNLOGIDVWIlVWDQRUGQLQJLEHWRQJWDNHW

■ 'XInULQWHPRQWHUDHQKHWHQGLUHNWLJLSVVNLYRUHOOHUOLNQDQGH

OlWWDE\JJPDWHULDOLLQQHUWDN

■ $YVHGG PRQWHULQJ NUlYHU DWW GX DQYlQGHU PDWHULDO VRP lU VWDELOW

QRJRFKNRQVWUXNWLRQVDQSDVVDWI|UDWWNODUDHQKHWHQVYLNW

)|UEHUHGDLQE\JJQDGV\WDQ

,QE\JJQDGV\WDQVNDYDUDVWDELOlYHQHIWHUDWWGXJMRUWXUWDJHQ

 7lFNKlOOHQVnXQGYLNHUGXVNDGRU

 *|UXUWDJLWDNHOOHUVLGRYlJJELOG

 7DERUWVSnQHQHIWHUXUWDJQLQJHQ

0RQWHUDHQKHWHQ

: 6NDGHULVN

(QGHONRPSRQHQWHULQXWLHQKHWHQKDUYDVVDNDQWHU%lUDOOWLG

VN\GGVKDQGVNDU

 7DERUWVN\GGHW

$QYLVQLQJ $QVOXWHQNDQYDUDI|UVNMXWHQEHURHQGHSn

PRQWHULQJVVLWXDWLRQHQ ELOG 

 6NUXYDDYDQVOXWQLQJRFKQ|GYlQGLJSOnWRFKE\WSRVLWLRQ

ELOG 

 6NUXYDIDVWDQVOXWQLQJRFKSOnWLQ\SRVLWLRQ ELOG 

 6lWWLHQKHWHQKHOWLXUWDJHWWLOOVGXK|UKXUXSSKlQJQLQJDUQD

VQlSSHUIDVWELOG 

 'UD I|UVLNWLJW nW VNUXYDUQD L I|OMG WLOOV HQKHWHQ OLJJHU DQ SODQW PRW

LQE\JJQDGV\WDQELOG 

$QYLVQLQJ 'UDLQWHnWVNUXYDUQDI|UKnUWGHWNDQVNDGD

HQKHWHQ

 3DFNDXSSRVILOWUHWELOG 

$QYLVQLQJ 2VILOWUHWlUWXQJW/\IWI|UVLNWLJWRFKKnOOLRUGHQWOLJW

 6lWWLRVILOWUHWRFKYULGPHWDOOE\JODUQDlQGDWLOODQVODJHWVnDWW

RVILOWUHWVLWWHUVlNHUWELOG 

 'UDnWGHOHWWUDGHPXWWUDUQDSnPHWDOOE\JHOQELOG 

 +lNWDLVN\GGHWL|SSQLQJDUQDSnHQKHWHQVXQGHUVLGDELOG 

7U\FNXQGHULIUnQPRWVN\GGHWI|UDWWVWlQJDGHWELOG 

'HPRQWHUDHQKHWHQ

: 6NDGHULVN

(QGHONRPSRQHQWHULQXWLHQKHWHQKDUYDVVDNDQWHU%lUDOOWLG

VN\GGVKDQGVNDU

 7U\FNXQGHULIUnQPRWVN\GGHWI|UDWW|SSQDGHW

 +DNDDYKnOODUQDWLOOVN\GGHWXU|SSQLQJDUQDSnXQGHUVLGDQDY

HQKHWHQ

 7DERUWRVILOWUHW+nOOHQDKDQGHQXQGHURVILOWUHW

$QYLVQLQJ 2VILOWUHWlUWXQJW

 6NUXYD XSS GH OHWWUDGH PXWWUDUQD RFK |SSQD PHWDOOE\JHOQ Vn DWW

GXNDQWDXURVILOWUHWELOG 

 /RVVDI|UVLNWLJWSnVNUXYDUQDRFKVNUXYDXUWLOODQVODJHW

 7U\FNXSSIMlGHUVSlQQDUHQPHGWXPPDUQDL|SSQLQJDUQD

ELOG 

 7DXUHQKHWHQ

5HJHQHUHUDRVILOWUHW

'XPnVWHUHJHQHUHUDILOWUHQPHGFDPnQDGHUVLQWHUYDOOYLG

QRUPDODQYlQGQLQJFDWLPPHSHUGDJI|UDWWKnOODERUWRVHW

2VILOWUHWlUJRGNlQWI|UUHJHQHUHULQJLYDQOLJXJQ

: 5LVNI|UEUlQQVNDGRU

2VILOWUHWI|UEOLUYDUPWOnQJWHIWHUUHJHQHUHULQJHQ5|ULQWHRVILOWUHW

GLUHNWHIWHUUHJHQHUHULQJHQXWDQOnWGHWI|UVWVYDOQDRUGHQWOLJW

/nWGHWKHWDRVILOWUHWVYDOQDSnYlUPHWnOLJWXQGHUODJ

$QYLVQLQJ

■ 2VILOWUHQJnUDWWUHJHQHUHUDXSSWLOOJJUPHQNUlYHUE\WHHIWHU

nU

■ %\W RVILOWHU PLQVW YDUW H nU YLG QRUPDODQYlQGQLQJ FD  WLPPH

SHUGDJ

■ 2VILOWUHWI|UEOLUYDUPWOnQJWHIWHUUHJHQHUHULQJHQ/lJJLQWH

RVILOWUHW GLUHNW Sn |PWnOLJD \WRU HIWHU UHJHQHUHULQJHQ XWDQ OnW GHW

I|UVWVYDOQDRUGHQWOLJW

■ 5HJHQHUHUEDUDRVILOWHUNDQEOLVNDGDGHRPGHIDOOHUQHG

6NDGRUQDJnULQWHDOOWLGDWWVHXWYlQGLJW2PKlQGHUWDRFKE\W

RVILOWHUVRPIDOOLWQHG

■ 5HJHQHUHUD LQWH RVILOWUHW PHG S\URO\V HOOHU WHPSHUDWXUHU DYVHYlUW

|YHU&

■ /lJJRVILOWUHQSnJDOOHUYLGUHJHQHUHULQJEDNSOnWDUNDQEOL

UHSDGH

■ 5HQJ|UDOGULJRVILOWHUPHGUHQJ|ULQJVPHGHOYDWWHQGLVNPDVNLQ

HOOHUYnWWUDVD

■ 'HWNDQOXNWDHQGHOYLGUHJHQHUHULQJHQDYRVILOWUHW6HWLOOVnDWW

UXPPHWlUYlOYHQWLOHUDWRFK|SSQDI|QVWUHWRPGHWEHK|YV

 7U\FNXQGHULIUnQPRWVN\GGHWI|UDWW|SSQDGHW

 7DERUWRVILOWUHW+nOOHQDKDQGHQXQGHURVILOWUHW

$QYLVQLQJ 2VILOWUHWlUWXQJW

 5HJHQHUHUDRVILOWUHWLI|UYlUPGXJQPHGYDUPOXIWSn&L

 PLQXWHU

 /nWRVILOWUHWVYDOQD

 6lWWLRVILOWUHWRFKYULGPHWDOOE\JODUQDlQGDWLOODQVODJHWVnDWW

RVILOWUHWVLWWHUVlNHUWELOG 

 'UDnWGHOHWWUDGHPXWWUDUQDSnPHWDOOE\JHOQELOG 

 7U\FNXQGHULIUnQPRWVN\GGHWI|UDWWVWlQJDGHWELOG 

0RQWHULQJVYHLOHGQLQJ

: 9LNWLJHVLNNHUKHWVDQYLVQLQJHU

/HV GHQQH EUXNVDQYLVQLQJHQ Q¡\H 'HW HU HQ IRUXWVHWQLQJ IRU DW GX

VNDO NXQQH EUXNH DSSDUDWHW Sn HQ VLNNHU RJ ULNWLJ PnWH 7D YDUH Sn

EUXNVRJPRQWHULQJVDQYLVQLQJHQVOLNDWGXNDQEUXNHGHQLJMHQ

VHQHUHHOOHUJLGHQYLGHUHWLOHYHQWXHOOHNRPPHQGHHLHUHDY

DSSDUDWHW

.RQWUROOHUDSSDUDWHWHWWHUDWGXKDUSDNNHWGHWXW,NNHNREOHWLO

DSSDUDWHWKYLVGHWHUVNDGHWXQGHUWUDQVSRUW

6LNNHUKHWHQXQGHUEUXNHQHUNXQJDUDQWHUWGHUVRPPRQWHULQJHQ

IRUHWDVIRUVNULIWVPHVVLJLKHQKROGWLOPRQWHULQJVYHLOHGQLQJHQ

,QVWDOODW¡UHQ HU DQVYDUOLJ IRU DW DSSDUDWHW IXQJHUHU VRP GHW VNDO Sn

RSSVWLOOLQJVVWHGHW

)DUHIRUNYHOQLQJ

(PEDOODVMHPDWHULDOHWHUIDUOLJIRUEDUQ%DUQPnDOGULInOHNHPHG

HPEDOODVMHQ



)DUHIRUSHUVRQVNDGHU

■ .RPSRQHQWHULQQLDSSDUDWHWNDQKDVNDUSHNDQWHU%UXN

YHUQHKDQVNHUXQGHULQVWDOODVMRQDYDSSDUDWHW

)DUHIRUSHUVRQVNDGHU

■ +YLVDSSDUDWHWLNNHHUIRUVYDUOLJIHVWHWNDQGHWIDOOHQHG$OOH

IHVWHHOHPHQWHUPnYUHIDVWRJVLNNHUWPRQWHUW

0HUN 5HJHQHUHUEDUHOXNWILOWUHNDQVNDGHVKYLVGHIDOOHUQHG

6NDGHQHHULNNHDOOWLGV\QOLJHXWHQSn.DVWRJHUVWDWW

UHJHQHUHUEDUHOXNWILOWUHVRPKDUIDOWQHG

,QVWDOODVMRQ

)RUEHUHGHLQVWDOODVMRQ

■ 0RQWHULQJVVWHGHWPnYUHWLOJMHQJHOLJXWHQSUREOHPHUVOLNDW

DSSDUDWHWNDQQnVXKLQGUHWLVHUYLFHWLOIHOOHU

■ 'HWDQEHIDOHVHQDYVWDQGSnPLQ PPRJPDNV PP

-RVW¡UUHDYVWDQGHQHUGHVWRYDQVNHOLJHUHEOLUGHWnIDQJHRSS

PDWRVHQ

.RQWUROOHUHLQQE\JJLQJVIODWHQ

■ ,QQE\JJLQJVIODWHQPnYUHSODQYDQQUHWWRJKDWLOVWUHNNHOLJ

EUHNUDIW

■ $SSDUDWHWVPDNVYHNWHU NJ

0HUNQDGHU

■ 2YHUIODWHQDYDSSDUDWHWHU¡PILQWOLJ8QQJnVNDGHUXQGHU

LQVWDOODVMRQHQ

■ .RQWUROOHUXWVNMULQJVRPUnGHWRJVHRPGHWHUODJWNDEOHUWLO

DQGUHDSSDUDWHU

■ 7LOIHVWHWWUHQJVGHWHWHJQHWVWDWLYVRPHUWU\JWIHVWHWL

EHWRQJWDNHW

■ ,NNHPRQWHUDSSDUDWHWGLUHNWHSnJLSVSODWHUHOOHUOLJQHQGHOHWWH

E\JQLQJVPDWHULDOHULGHQQHGIHOWHKLPOLQJHQ

■ %UXNHWPDWHULDOHVRPHUVWDELOWQRNRJWLOSDVVHW

E\JQLQJVNRQVWUXNVMRQHQRJDSSDUDWYHNWHQIRUnVLNUH

IRUVNULIWVPHVVLJPRQWHULQJ

.ODUJM¡UHLQQE\JJLQJVIODWHQ

,QQE\JJLQJVIODWHQPnYUHVWDELORJVnHWWHUXWVNMULQJVDUEHLGHW

 )RUnXQQJnVNDGHUPnGXGHNNHWLOSODWHWRSSHQ

 /DJXWVNMULQJLWDNHOOHUVLGHYHJJ%LOGH 

 )MHUQVSRQHWWHUXWVNMULQJHQH

0RQWHULQJDYDSSDUDWHW

: )DUHIRUSHUVRQVNDGHU

.RPSRQHQWHULQQLDSSDUDWHWNDQKDVNDUSHNDQWHU%UXN

YHUQHKDQVNHUXQGHULQVWDOODVMRQDYDSSDUDWHW

 7DDYGHNVHOHW

0HUN 6WXVVHQ NDQ IRUVN\YHV DOW HWWHU LQQE\JJLQJVVLWXDVMRQHQ

%LOGH 

 6NUXDYVWXVVHQRJGHQQ¡GYHQGLJHSODWHQRJE\WWSRVLVMRQ

%LOGH 

 6NUXIDVWVWXVVHQRJSODWHQLGHQQ\HSRVLVMRQHQ %LOGH 

 6HWW DSSDUDWHW KHOW LQQ L XWVNMULQJHQ WLO RSSKHQJHQH JnU K¡UEDUW

LLQQJUHS%LOGH 

 6WUDPVNUXHQHIRUVLNWLJHWWHUKYHUDQGUHKHOWWLODSSDUDWHWOLJJHUL

IOXNWLLQQE\JJLQJVIODWHQ%LOGH 

0HUN ,NNHWUHNNWLOVNUXHQHIRUKDUGWGDNDQGHWRSSVWnVNDGHU

SnDSSDUDWHW

 3DNNXWOXNWILOWHUHW%LOGH 

0HUN /XNWILOWHUHW HU WXQJW /¡IW GHW IRUVLNWLJ RJ KROG GHW JRGW IDVW

 6HWWLQQOXNWILOWHUHWRJGUHLPHWDOOE¡\OHQHKHOWWLOVWRSSVOLNDW

OXNWILOWHUHWOLJJHURUGHQWOLJSnSODVV%LOGH 

 6NUXLJMHQULIOHPXWUHQHSnPHWDOOE¡\OHQ%LOGH 

 +HNW GHNVHOHW L nSQLQJHQH Sn XQGHUVLGHQ DY DSSDUDWHW %LOGH 

/XNNGHNVHOHWYHGnWU\NNHSnGHWIUDXQGHUVLGHQ%LOGH 

'HPRQWHULQJDYDSSDUDWHW

: )DUHIRUSHUVRQVNDGHU

.RPSRQHQWHULQQLDSSDUDWHWNDQKDVNDUSHNDQWHU%UXN

YHUQHKDQVNHUXQGHULQVWDOODVMRQDYDSSDUDWHW

 cSQHGHNVHOHWYHGnWU\NNHSnGHWIUDXQGHUVLGHQ

 /¡IWXWKROGHUQHWLOGHNVHOHWIUDnSQLQJHQHSnXQGHUVLGHQDY

DSSDUDWHW

 'HPRQWHUOXNWILOWHUHW1nUGXJM¡UGHWWHPnGXKROGHKnQGHQ

XQGHUOXNWILOWHUHW

0HUN /XNWILOWHUHWHUWXQJW

 6NUX XW ULIOHPXWUHQH RJ nSQH PHWDOOE¡\OHQH IRU n WD XW OXNWILOWHUHW

%LOGH 

 /¡VQHVNUXHQHIRUVLNWLJHWWHUWXURJVNUXGHPKHOWXWWLOVWRSS

 6WLNNWRPOHQHLQQLnSQLQJHQHRJWU\NNIMUVSHQQHUQHRSS

%LOGH 

 7DXWDSSDUDWHW

5HJHQHUHUHOXNWILOWHU

)RUDWJUDGHQDYOXNWIMHUQLQJVNDORSSUHWWKROGHVPnILOWUHQH

UHJHQHUHUHVFDKYHU²PnQHGYHGYDQOLJEUXNFD WLPH

GDJOLJ

/XNWILOWHUHWHUJRGNMHQWIRUUHJHQHUHULQJLYDQOLJVWHNHRYQ

: )DUHIRUIRUEUHQQLQJ

/XNWILOWHUHWHUIRUWVDWWYDUPWOHQJHHWWHUUHJHQHUHULQJHQ,NNHEHU¡U

OXNWILOWHUHWUHWWHWWHUUHJHQHUHULQJHQPHQODGHWNM¡OHVHJQHG

/HJJGHWYDUPHOXNWILOWHUHWSnHWXQGHUODJVRPWnOHUYDUPH

0HUNQDGHU

■ /XNWILOWHUHWNDQUHJHQHUHUHVRSSWLOJDQJHURJGHWPnVNLIWHV

XWHWWHUPDNV nU

■ /XNWILOWUHQHPnVNLIWHVXWPLQVWKYHUW nUYHGYDQOLJEUXNFD

 WLPHGDJOLJ

■ /XNWILOWHUHW HU IRUWVDWW YDUPW OHQJH HWWHU UHJHQHUHULQJHQ ,NNH OHJJ

OXNWILOWHUHWUHWWSn¡PILQWOLJHRYHUIODWHUUHWWHWWHUUHJHQHUHULQJHQ

PHQODGHWNM¡OHVHJWLOVWUHNNHOLJQHGI¡UVW

■ 5HJHQHUHUEDUH OXNWILOWUH NDQ VNDGHV KYLV GH IDOOHU QHG 6NDGHQH

HULNNHDOOWLGV\QOLJHXWHQSn.DVWRJHUVWDWWUHJHQHUHUEDUH

OXNWILOWUHVRPKDUIDOWQHG

■ /XNWILOWHUHWPnLNNHUHJHQHUHUHVLS\URO\VHHOOHUEHW\GHOLJRYHU

&

■ 3ODVVHUOXNWILOWHUHWSnHQULVWI¡UUHJHQHUHULQJHWWHUVRP

VWHNHEUHWWHWNDQEOLRSSVNUDSW

■ %UXNDOGULUHQJM¡ULQJVPLGGHOYDQQRSSYDVNPDVNLQHOOHUHQ

IXNWLJNOXWWLOnUHQJM¡UHOXNWILOWHUHW

■ 1nU OXNWILOWHUHW UHJHQHUHUHV NDQ GHW RSSVWn OXNW 3nVH DW URPPHW

HUJRGWYHQWLOHUWRJnSQHHWYLQGXYHGEHKRY

 cSQHGHNVHOHWYHGnWU\NNHSnGHWIUDXQGHUVLGHQ

 'HPRQWHUOXNWILOWHUHW1nUGXJM¡UGHWWHPnGXKROGHKnQGHQ

XQGHUOXNWILOWHUHW

0HUN /XNWILOWHUHWHUWXQJW

 5HJHQHUHUOXNWILOWHUHWLIRUYDUPHWVWHNHRYQSn&

VLUNXODVMRQVOXIWLPLQXWWHU

 /DOXNWILOWHUHWDYNM¡OHV

 6HWWLQQOXNWILOWHUHWRJGUHLPHWDOOE¡\OHQHKHOWWLOVWRSSVOLNDW

OXNWILOWHUHWOLJJHURUGHQWOLJSnSODVV%LOGH 

 6NUXLJMHQULIOHPXWUHQHSnPHWDOOE¡\OHQ%LOGH 

 /XNNGHNVHOHWYHGnWU\NNHSnGHWIUDXQGHUVLGHQ%LOGH 

$VHQQXVRKMH

: 7lUNHLWlWXUYDRKMHLWD

/XH WlPl Nl\WW|RKMH KXROHOOLVHVWL 9DVWD VLWWHQ YRLW Nl\WWll ODLWHWWDVL

WXUYDOOLVHVWLMDRLNHLQ6lLO\WlNl\WW|MDDVHQQXVRKMHP\|KHPSll

Nl\WW|lWDLVHXUDDYDDNl\WWlMllYDUWHQ

7DUNDVWD ODLWH NXQ ROHW SXUNDQXW VHQ SDNNDXNVHVWD -RV ODLWWHHVVD

RQNXOMHWXVYDXULRLWDlOlN\WNHODLWHWWDNl\WW||Q

7XUYDOOLQHQNl\WW|RQWDDWWXYDLQNXQDVHQQXVWHKGllQ

DPPDWWLWDLWRLVHVWLDVHQQXVRKMHLWDQRXGDWWDHQ$VHQWDMDYDVWDD

PRLWWHHWWRPDVWDWRLPLQQDVWDODLWWHHQDVHQQXVSDLNDVVD

7XNHKWXPLVYDDUD

3DNNDXVPDWHULDDOLRQYDDUDOOLVWDSLNNXODSVLOOHbOlDQQDODVWHQ

OHLNNLlSDNNDXVPDWHULDDOLOOD

/RXNNDDQWXPLVYDDUD

■ /DLWWHHQVLVlSXROHOODROHYDWUDNHQQHRVDWYRLYDWROOD

WHUlYlUHXQDLVHW.l\WlVXRMDNlVLQHLWl

/RXNNDDQWXPLVYDDUD

■ -RVODLWHWWDHLROHNLLQQLWHWW\DVLDQPXNDLVHVWLVHYRLSXGRWD

.DLNNLNLLQQLW\VHOHPHQWLWSLWllNLLQQLWWllNXQQROODMDYDUPDVWL

+XRPDXWXV 5HJHQHURLWDYDWKDMXVXRGDWWLPHWYRLYDWYDXULRLWXD

MRVQHSllVHYlWSXWRDPDDQ9DXULRWHLYlWROHDLQDKDYDLWWDYLVVD

XONRSXROHOWD+lYLWlMDYDLKGDSXGRQQHHWUHJHQHURLWDYDW

KDMXVXRGDWWLPHW

$VHQQXV

$VHQQXNVHQDONXYDOPLVWHOXW

■ $VHQQXVSDLNNDDQSLWllSllVWlRQJHOPLWWDNlVLNVLMRWWDODLWWHHQ

HVWHHW|QKXROWRRQWDUYLWWDHVVDPDKGROOLVWD

■ 6XRVLWHOWDYDHWlLV\\VRQYlKLQWllQ PPMDHQLQWllQ

 PP-RVHWlLV\\VNHLWWRWDVRRQRQVXXUHPSL

NHLWWlPLVK|\U\MHQWDOWHHQRWWRRQYDLNHDPSDD



$VHQQXVSLQQDQWDUNDVWDPLQHQ

■ $VHQQXVSLQQDQSLWllROODWDVDLQHQMDYDDNDVXRUDMDVHQSLWll

NHVWllWXXOHWWLPHQSDLQR

■ /DLWWHHQPDNVLPLSDLQRRQ NJ

+XRPDXWXNVLD

■ /LHVLWXXOHWWLPHQSLQQDWYDKLQJRLWWXYDWKHOSRVWL9DUR

YDKLQJRLWWDPDVWDSLQWRMDDVHQQXNVHQ\KWH\GHVVl

■ 7DUNDVWD RQNR DVHQQXVDXNRQ DOXHHOOD PXLGHQ ODLWWHLGHQ MRKWRMD

■ .LLQQLW\VWlYDUWHQWDUYLWDDQVRSLYDWXNLWHOLQHMRNDRQNLLQQLWHWW\

NLLQWHlVWLEHWRQLNDWWRRQ

■ /DLWHWWD HL VDD DVHQWDD VXRUDDQ DODV ODVNHWXQ NDWRQ NLSVLOHY\LKLQ

MDYDVWDDYLLQNHY\WUDNHQWHLVLLQ

■ -RWWDDVHQQXVRQDVLDQPXNDLQHQNl\WlULLWWlYlQYDQNNDD

UDNHQWHHOOLVLLQVHLNNRLKLQMDODLWWHHQSDLQRRQVRSLYDDPDWHULDDOLD

$VHQQXVSLQQDQHVLYDOPLVWHOXW

$VHQQXVSLQQDQYDNDXGHQSLWllROODWDDWWXP\|VDVHQQXVDXNRQ

YDOPLVWDPLVHQMlONHHQ

 3HLWlNHLWWRWDVRMRWWDYlOWlWVHQYDXULRLWXPLVHQ

 7HHDXNNRNDWWRRQWDLVLYXVHLQllQNXYD 

 3RLVWDODVWXWDXNRQWHNHPLVHQMlONHHQ

/DLWWHHQDVHQWDPLQHQ

: /RXNNDDQWXPLVYDDUD

/DLWWHHQVLVlSXROHOODROHYDWUDNHQQHRVDWYRLYDWROOD

WHUlYlUHXQDLVHW.l\WlVXRMDNlVLQHLWl

 3RLVWDNDQVL

+XRPDXWXV 7XNHDYRLGDDQVLLUWllDVHQQXVWLODQWHHQPXNDDQ

NXYD 

 .LHUUlWXNLMDWDUYLWWDYDOHY\LUWLMDYDLKGDSDLNNDD NXYD 

 .LHUUlWXNLMDOHY\NLLQQLXXWHHQSDLNNDDQ NXYD 

 $VHWDODLWHNRNRQDDQDXNNRRQNXQQHVNDQQDWWLPHWOXNLWWXYDW

NXXOXYDVWLNXYD 

 .LHUUlUXXYHMDSHUlMlONHHQYDURYDVWLNLLQQLNXQQHVODLWHRQ

WDVDLVHVWLDVHQQXVSLQQDOODNXYD 

+XRPDXWXV bOlNLULVWlUXXYHMDOLLDQNLUHlOOHMRWWDHWYDXULRLWD

ODLWHWWD

 3RLVWDKDMXVXRGDWLQSDNNDXNVHVWDNXYD 

+XRPDXWXV +DMXVXRGDWLQRQSDLQDYD1RVWDYDURYDVWLMDSLGl

NXQQROODNLLQQL

 $VHWD KDMXVXRGDWLQ SDLNDOOHHQ MD NLHUUl PHWDOOLNDDULD YDVWHHVHHQ

VDDNNDMRWWDKDMXVXRGDWLQRQNXQQROODSDLNDOODDQNXYD 

 .LHUUlPHWDOOLNDDUHQPXWWHULWNLLQQLNXYD 

 $VHQQDNDQVLODLWWHHQDODVLYXOODROHYLLQDXNNRLKLQNXYD 

6XOMHSDLQDPDOODNDQWWDDOKDDOWDSlLQNXYD 

/DLWWHHQLUURWWDPLQHQ

: /RXNNDDQWXPLVYDDUD

/DLWWHHQVLVlSXROHOODROHYDWUDNHQQHRVDWYRLYDWROOD

WHUlYlUHXQDLVHW.l\WlVXRMDNlVLQHLWl

 $YDDNDQVLSDLQDPDOODVLWlDOKDDOWDSlLQ

 ,UURWDNDQQHQNLLQQLNNHHWODLWWHHQDODSXROHOODROHYLVWDDXNRLVWD

 ,UURWDKDMXVXRGDWLQ7DUWXWlOO|LQWRLVHOODNlGHOOlDOKDDOWD

KDMXVXRGDWWLPHHQ

+XRPDXWXV +DMXVXRGDWLQRQSDLQDYD

 .LHUUlPXWWHULWDXNLMDDYDDPHWDOOLNDDUHWMRWWDYRLWSRLVWDD

KDMXVXRGDWWLPHQNXYD 

 /|\VW\WlUXXYHMDSHUlMlONHHQYDURYDVWLMDNLHUUlQHLUWL

YDVWHHVHHQVDDNND

 7DUWXSHXNDORLOODDXNNRLKLQMDSDLQDMRXVLNLULVWLQWl\O|VSlLQ

NXYD 

 2WDODLWHSRLVSDLNDOWDDQ

+DMXVXRGDWWLPHQUHJHQHURLQWL

-RWWDKDMXMHQWHKRNDVSRLVWXPLQHQYRLGDDQWDDWDVXRGDWWLPHWRQ

UHJHQHURLWDYDWDYDQRPDLVHVVDNl\W|VVlSlLYLWWlLQQRLQ WXQWL

 NXXNDXGHQYlOHLQ

+DMXVXRGDWLQYRLGDDQUHJHQHURLGDWDYDQRPDLVHVVDXXQLVVD

: 3DORYDPPRMHQYDDUD

+DMXVXRGDWLQS\V\\UHJHQHURLQQLQMlONHHQNDXDQNXXPDQDbOl

NRVNHWD KDMXVXRGDWLQWD KHWL UHJHQHURLQQLQ MlONHHQ YDDQ DQQD VHQ

HQVLQMllKW\lULLWWlYlVWL

$VHWDNXXPDKDMXVXRGDWLQMllKW\PllQNXXPXXWWDNHVWlYlOOH

DOXVWDOOH

+XRPDXWXNVLD

■ +DMXVXRGDWWLPHWYRLGDDQUHJHQHURLGDHQLQWllQNHUWDDMDQH

RQYDLKGHWWDYDYLLPHLVWllQYXRGHQNXOXWWXD

■ +DMXVXRGDWWLPHWRQYDLKGHWWDYDWDYDQRPDLVHVVDNl\W|VVl

SlLYLWWlLQQ WXQWLYlKLQWllQ YXRGHQYlOHLQ

■ +DMXVXRGDWLQS\V\\UHJHQHURLQQLQMlONHHQNDXDQNXXPDQDbOl

ODVNHKDMXVXRGDWLQWDKHWLUHJHQHURLQQLQMlONHHQKHOOlYDUDLVWD

NlVLWWHO\lYDDWLYLOOHSLQQRLOOHYDDQDQQDVHQMllKW\lHQVLQ

ULLWWlYlVWL

■ 5HJHQHURLWDYDWKDMXVXRGDWWLPHWYRLYDWYDXULRLWXDMRVQH

SllVHYlWSXWRDPDDQ9DXULRWHLYlWROHDLQDKDYDLWWDYLVVD

XONRSXROHOWD+lYLWlMDYDLKGDSXGRQQHHWUHJHQHURLWDYDW

KDMXVXRGDWWLPHW

■ bOl UHJHQHURL KDMXVXRGDWWLPLD S\URO\\VLWRLPLQQROOD WDL VHOYlVWL \OL

&OlPS|WLODVVD

■ $VHWDKDMXVXRGDWLQUHJHQHURLQWLSURVHVVLDYDUWHQULWLOlOOHNRVND

OHLYLQSHOOLWYRLYDWQDDUPXXQWXD

■ bOlSXKGLVWDKDMXVXRGDWLQWDNRVNDDQSXKGLVWXVDLQHLOODYHGHOOl

DVWLDQSHVXNRQHHVVDWDLPlUlOOlOLLQDOOD

■ +DMXVXRGDWWLPHQUHJHQHURLQQLQ\KWH\GHVVlYRLPXRGRVWXD

KDMXMD9DUPLVWDHWWlKXRQHHVVDRQK\YlWXXOHWXVMDDYDD

WDUYLWWDHVVDLNNXQD

 $YDDNDQVLSDLQDPDOODVLWlDOKDDOWDSlLQ

 ,UURWDKDMXVXRGDWLQ7DUWXWlOO|LQWRLVHOODNlGHOOlDOKDDOWD

KDMXVXRGDWWLPHHQ

+XRPDXWXV +DMXVXRGDWLQRQSDLQDYD

 5HJHQHURL KDMXVXRGDWLQWD HVLOlPPLWHW\VVl XXQLVVD OlPS|WLODVVD

&NLHUWRLOPDPLQXXWWLD

 $QQDKDMXVXRGDWWLPHQMllKW\l

 $VHWD KDMXVXRGDWLQ SDLNDOOHHQ MD NLHUUl PHWDOOLNDDULD YDVWHHVHHQ

VDDNNDMRWWDKDMXVXRGDWLQRQNXQQROODSDLNDOODDQNXYD 

 .LHUUlPHWDOOLNDDUHQPXWWHULWNLLQQLNXYD 

 6XOMHSDLQDPDOODNDQWWDDOKDDOWDSlLQNXYD 

0RQWHULQJVYHMOHGQLQJ

: 9LJWLJHVLNNHUKHGVDQYLVQLQJHU

/VGHQQHYHMOHGQLQJRPK\JJHOLJWLJHQQHP'HWHUHQ

IRUXGVWQLQJIRUDWDSSDUDWHWNDQEHWMHQHVVLNNHUWRJNRUUHNW

2SEHYDUEUXJVRJPRQWDJHYHMOHGQLQJHQWLOVHQHUHEUXJHOOHUWLO

NRPPHQGHHMHUHDIDSSDUDWHW

.RQWUROOHUDSSDUDWHWQnUGHWHUSDNNHWXG$SSDUDWHWPnLNNH

WLOVOXWWHVKYLVGHWKDUWUDQVSRUWVNDGHU

6LNNHUKHGHQXQGHUEUXJHUNXQVLNUHWKYLVHPKWWHQHUEOHYHW

PRQWHUHWNRUUHNWLKWPRQWHULQJVYHMOHGQLQJHQ,QVWDOODW¡UHQKDU

DQVYDUHWIRUDWDSSDUDWHWIXQJHUHUIHMOIULWSnRSVWLOOLQJVVWHGHW

)DUHIRUNYOQLQJ

(PEDOODJHPDWHULDOHHUIDUOLJWIRUE¡UQ6¡UJIRUDWE¡UQLNNHOHJHU

PHGHPEDOODJHPDWHULDOH

)DUHIRUWLOVNDGHNRPVW

■ .RPSRQHQWHUQHLQGYHQGLJLHPKWWHQNDQKDYHVNDUSHNDQWHU

%UXJEHVN\WWHOVHVKDQGVNHU

)DUHIRUWLOVNDGHNRPVW

■ +YLV DSSDUDWHW LNNH HU NRUUHNW IDVWJMRUW WLO YJJHQ NDQ GHQ IDOGH

QHG$OOHEHIVWLJHOVHVHOHPHQWHUVNDOYUHPRQWHUHWIDVWRJ

VLNNHUW

%HPUN 5HJHQHUHUEDUHOXJWILOWUHNDQEOLYHEHVNDGLJHWKYLVGH

IDOGHUQHG6nGDQQHEHVNDGLJHOVHUHULNNHDOWLGV\QOLJHXGHIUD

+YLVHWUHJHQHUHUEDUWOXJWILOWHUHUIDOGHWQHGVNDOGHWNDVVHUHVRJ

VNLIWHVXGPHGHWQ\W

,QVWDOODWLRQ

)RUEHUHGHLQVWDOODWLRQ

■ 'HUVNDOYUHXKLQGUHWDGJDQJWLORSVWQLQJVVWHGHWVnGHUL

WLOIOGHDIUHSDUDWLRQHUIULDGJDQJWLODSSDUDWHW

■ (QDIVWDQGSnPLQLPXP PPRJPDNVLPDOW PPNDQ

DQEHIDOHV-RVW¡UUHDIVWDQGHQHUWLONRJHVHNWLRQHQGHVWR

YDQVNHOLJHUHEOLYHUGHWDWRSVXJHPDGODYQLQJVOXIWHQ

.RQWURODIPRQWDJHIODGH

■ 0RQWDJHIODGHQVNDOYUHSODQYDQGUHWRJWLOVWUNNHOLJ

EUHG\JWLJ

■ $SSDUDWHWYHMHUPDNVLPDOW NJ

$QYLVQLQJHU

■ (PKWWHQVRYHUIODGHUHUVDUWH8QGJnEHVNDGLJHOVHXQGHU

LQVWDOODWLRQHQ

■ .RQWUROOHUDWGHULNNHEHILQGHUVLJNDEOHUIUDDQGUHDSSDUDWHUL

XGVNULQJVRPUnGHW



■ %HIVWLJHOVHQNUYHUHQHJQHWXQGHUNRQVWUXNWLRQVRPHUIDVW

ILNVHUHWWLOEHWRQORIWHW

■ $SSDUDWHWPnLNNHPRQWHUHVGLUHNWHLJLSVNDUWRQSODGHUHOOHUL

OLJQHQGHOHWWHE\JJHPDWHULDOHULHWQHGKQJWORIW

■ )RUNRUUHNWPRQWDJHDIDSSDUDWHWVNDOGHUDQYHQGHVHW

WLOVWUNNHOLJWVWDELOWPDWHULDOHVRPVYDUHUWLOIRUKROGHQHL

E\JQLQJHQRJDSSDUDWHWVYJW

.ODUJ¡UHPRQWDJHIODGH

'HW VNDO VLNUHV DW PRQWDJHIODGHQ RJVn HU VWDELO HIWHU XGI¡UHOVHQ DI

XGVNULQJHUQH

 'NNRJHVHNWLRQHQWLOIRUDWXQGJnEHVNDGLJHOVHU

 /DYHQXGVNULQJLORIWHOOHULVLGHYJ)LJXU 

 )MHUQDOOHVSnQHUQnUXGVNULQJHQHUIUGLJ

0RQWHULQJDIHPKWWH

: )DUHIRUWLOVNDGHNRPVW

.RPSRQHQWHUQHLQGYHQGLJLHPKWWHQNDQKDYHVNDUSHNDQWHU

%UXJEHVN\WWHOVHVKDQGVNHU

 7DJDIGNQLQJHQDI

%HPUN $IKQJLJWDIPRQWDJHVLWXDWLRQHQNDQVWXGVHQH

IO\WWHV )LJXU 

 6NUXVWXGVHRJPHWDOSODGHDIRJVNLIWGHUHVSODFHULQJ )LJXU 

 6NUXVWXGVHRJPHWDOSODGHIDVWSnGHQQ\HSRVLWLRQ )LJXU 

 6WDSSDUDWHWKHOWLQGLXGVNULQJHQLQGWLORSKQJHQHNOLNNHU

K¡UEDUWSnSODGV)LJXU 

 6SQGIRUVLJWLJWVNUXHUQHWLOHIWHUKLQDQGHQWLODSSDUDWHWOLJJHU

DQRJIOXJWHUPRGPRQWDJHIODGHQ)LJXU 

%HPUN 6SQGLNNHVNUXHUQHIDVWWLOIRULNNHDWEHVNDGLJH

DSSDUDWHW

 3DNOXJWILOWUHWXG)LJXU 

%HPUN /XJWILOWUHWHUWXQJW/¡IWGHWIRUVLJWLJWRSRJKROGGHW

JRGWIDVW

 6WOXJWILOWUHWLQGRJGUHMPHWDOE¡MOHQWLODQVODJHWVnOXJWILOWUHW

OLJJHUVLNNHUW)LJXU 

 6NUXILQJHUP¡WULNNHUQHSnPHWDOE¡MOHQWLO)LJXU 

 )DVWJ¡UDIGNQLQJHQLnEQLQJHUQHSnDSSDUDWHWVXQGHUVLGH

)LJXU 

7U\NQHGHIUDSnDIGNQLQJHQIRUDWOXNNHGHQ)LJXU 

'HPRQWHULQJDIHPKWWH

: )DUHIRUWLOVNDGHNRPVW

.RPSRQHQWHUQHLQGYHQGLJLHPKWWHQNDQKDYHVNDUSHNDQWHU

%UXJEHVN\WWHOVHVKDQGVNHU

 7U\NQHGHIUDSnDIGNQLQJHQIRUDWnEQHGHQ

 7DJDIGNQLQJHQVKROGHUHXGDInEQLQJHUQHSnXQGHUVLGHQDI

DSSDUDWHW

 $IPRQWHUOXJWILOWUHW+ROGVDPWLGLJPHGHQKnQGXQGHUOXJWILOWUHW

%HPUN /XJWILOWUHWHUWXQJW

 6NUXILQJHUP¡WULNNHUQHRSRJnEQPHWDOE¡MOHQIRUDWWDJH

OXJWILOWUHWXG)LJXU 

 6NUXHUQHO¡VQHVIRUVLJWLJWHQDGJDQJHQ6NUXGHPXGWLO

DQVODJHW

 6WLNWRPPHOILQJHUHQLQGLnEQLQJHUQHRJWU\NIMHGHUVSQGHUHQ

RSDG)LJXU 

 7DJDSSDUDWHWXG

5HJHQHUHUHOXJWILOWHU

)RUDWVLNUHHQWLOVWUNNHOLJOXJWUHGXNWLRQVNDOILOWUHQHYHGQRUPDO

EUXJFD WLPHGDJOLJWUHJHQHUHUHVFDKYHU PnQHG

/XJWILOWUHWHUJRGNHQGWWLOUHJHQHUHULQJLHQDOPLQGHOLJEDJHRYQ

: )DUHIRUIRUEUQGLQJ

/XJWILOWUHWHUPHJHWYDUPWLODQJWLGHIWHUUHJHQHUHULQJHQ5¡ULNNH

YHGOXJWILOWUHWXPLGGHOEDUWHIWHUUHJHQHUHULQJHQPHQODGGHWI¡UVW

N¡OHWLOVWUNNHOLJWDI

/JGHWYDUPHOXJWILOWHUWLODIN¡OLQJSnHWYDUPHEHVWDQGLJW

XQGHUODJ

$QYLVQLQJHU

■ /XJWILOWUHWNDQUHJHQHUHUHVRSWLOJDQJHRJVNDOXGVNLIWHV

VHQHVWHIWHU nU

■ 9HGQRUPDOEUXJFD WLPHGDJOLJWVNDOOXJWILOWUHWXGVNLIWHV

PLQGVWKYHUW nU

■ /XJWILOWUHWHUPHJHWYDUPWLODQJWLGHIWHUUHJHQHUHULQJHQ/J

LNNHOXJWILOWUHWGLUHNWHSnVDUWHRYHUIODGHUXPLGGHOEDUWHIWHU

UHJHQHUHULQJHQPHQODGGHWI¡UVWN¡OHWLOVWUNNHOLJWDI

■ 5HJHQHUHUEDUH OXJWILOWUH NDQ EOLYH EHVNDGLJHW KYLV GH IDOGHU QHG

6nGDQQHEHVNDGLJHOVHUHULNNHDOWLGV\QOLJHXGHIUD+YLVHW

UHJHQHUHUEDUW OXJWILOWHU HU IDOGHW QHG VNDO GHW NDVVHUHV RJ VNLIWHV

XGPHGHWQ\W

■ /XJWILOWUHWPnLNNHUHJHQHUHUHVPHGS\URO\VHHOOHUYVHQWOLJW

RYHU&

■ /JOXJWILOWUHWSnHQULVWXQGHUUHJHQHUHULQJVSURFHVVHQIRUGL

EDJHSODGHUNDQEOLYHULGVHGH

■ /XJWILOWUHW Pn DOGULJ UHQJ¡UHV PHG UHQJ¡ULQJVPLGOHU YDQG YnGH

NOXGHHOOHUYDVNHVLRSYDVNHPDVNLQHQ

■ 'HU NDQ RSVWn OXJW L IRUELQGHOVH PHG UHJHQHUHULQJHQ DI OXIWILOWUHW

6¡UJIRUDWUXPPHWHUJRGWYHQWLOHUHWRJnEQRPQ¡GYHQGLJW

YLQGXHW

 7U\NQHGHIUDSnDIGNQLQJHQIRUDWnEQHGHQ

 $IPRQWHUOXJWILOWUHW+ROGVDPWLGLJPHGHQKnQGXQGHUOXJWILOWUHW

%HPUN /XJWILOWUHWHUWXQJW

 2SYDUP OXJWILOWUHW  PLQXWWHU L GHQ IRUYDUPHGH RYQ YHG  &

FLUNXODWLRQVOXIW

 /DGOXJWILOWUHWN¡OHDI

 6WOXJWILOWUHWLQGRJGUHMPHWDOE¡MOHQWLODQVODJHWVnOXJWILOWUHW

OLJJHUVLNNHUW)LJXU 

 6NUXILQJHUP¡WULNNHUQHSnPHWDOE¡MOHQWLO)LJXU 

 7U\NQHGHIUDSnDIGNQLQJHQIRUDWOXNNHGHQ)LJXU 

,QVWUXFFLRQHVGHPRQWDMH

: ,QGLFDFLRQHVGHVHJXULGDGLPSRUWDQWHV

/HHUFRQDWHQFLyQODVVLJXLHQWHVLQVWUXFFLRQHV6RORDVtVHSXHGH

PDQHMDUHODSDUDWRGHIRUPDFRUUHFWD\VHJXUD&RQVHUYDUODV

LQVWUXFFLRQHVGHXVR\PRQWDMHSDUDXWLOL]DUODVPiVDGHODQWHR

SDUDSRVLEOHVIXWXURVFRPSUDGRUHV

&RPSUREDUHODSDUDWRDOVDFDUORGHVXHPEDODMH(ODSDUDWRQR

GHEHFRQHFWDUVHHQFDVRGHKDEHUVXIULGRGDxRVGXUDQWHHO

WUDQVSRUWH

6RODPHQWH XQ PRQWDMH SURIHVLRQDO FRQIRUPH D ODV LQVWUXFFLRQHV GH

PRQWDMH SXHGH JDUDQWL]DU XQ XVR VHJXUR GHO DSDUDWR (O LQVWDODGRU

HVUHVSRQVDEOHGHOIXQFLRQDPLHQWRSHUIHFWRHQHOOXJDUGH

LQVWDODFLyQ

£3HOLJURGHDVIL[LD

(OPDWHULDOGHHPEDODMHHVSHOLJURVRSDUDORVQLxRV1RGHMDUTXH

ORVQLxRVMXHJXHQFRQHOPDWHULDOGHHPEDODMH

£3HOLJURGHOHVLRQHV

■ /DVSLH]DVLQWHUQDVGHODSDUDWRSXHGHQWHQHUERUGHVDILODGRV

8VDUJXDQWHVSURWHFWRUHV

£3HOLJURGHOHVLRQHV

■ 6L HO DSDUDWR QR HVWi ILMDGR FRUUHFWDPHQWH SXHGH FDHUVH 7RGRV

ORVHOHPHQWRVGHILMDFLyQGHEHQPRQWDUVHGHELGDPHQWH

1RWD /RV ILOWURV GHVRGRUL]DQWHV UHJHQHUDEOHV SXHGHQ VXIULU GDxRV

VLVHFDHQ/RVGDxRVQRVLHPSUHVHUiQYLVLEOHVSRUIXHUD

(OLPLQDU\VXVWLWXLUORVILOWURVGHVRGRUL]DQWHVUHJHQHUDEOHVTXHVH

KD\DQFDtGR

,QVWDODFLyQ

3UHSDUDUODLQVWDODFLyQ

■ 6HGHEHSRGHUDFFHGHUVLQSUREOHPDVDOOXJDUGHPRQWDMHSDUD

TXHHODSDUDWRVHDFRPSOHWDPHQWHDFFHVLEOHHQFDVRGH

QHFHVLWDUDVLVWHQFLDWpFQLFD

■ 6HUHFRPLHQGDXQDGLVWDQFLDPtQLPDGH PP\XQD

GLVWDQFLDPi[LPDGH PP6LODGLVWDQFLDDOD]RQDGH

FRFFLyQ HV PD\RU VHUi PiV GLItFLO DEVRUEHU HO YDSRU GH FRFFLyQ

9HULILFDUODVXSHUILFLHGHPRQWDMH

■ /DVXSHUILFLHGHPRQWDMHGHEHVHUSODQDKRUL]RQWDO\WHQHU

VXILFLHQWHFDSDFLGDGGHFDUJD

■ (OSHVRPi[LPRGHODSDUDWRHVGH NJ

1RWDV

■ /DVVXSHUILFLHVGHODSDUDWRVRQVHQVLEOHV(YLWDUGDxRVGXUDQWH

ODLQVWDODFLyQ

■ &RPSUREDU HO iUHD GH UHFRUWH SDUD YHU VL KD\ WHQGLGRV FDEOHV GH

RWURVDSDUDWRV

■ 3DUD OD VXMHFLyQ VH QHFHVLWD XQD VXEHVWUXFWXUD DGHFXDGD ILMDGD

DOWHFKRGHKRUPLJyQ

■ 1R PRQWDU HO DSDUDWR GLUHFWDPHQWH VREUH ODV SODFDV GH SODGXU X

RWURWLSRGHPDWHULDOOLJHURGHXQIDOVRWHFKR

■ 3DUDHOFRUUHFWRPRQWDMHXWLOL]DUXQPDWHULDOORVXILFLHQWHPHQWH

HVWDEOH\FRQIRUPHDODVFDUDFWHUtVWLFDV\DOSHVRGHODSDUDWR



3UHSDUDUODVXSHUILFLHGHPRQWDMH

/DHVWDELOLGDGGHODVXSHUILFLHGHPRQWDMHGHEHTXHGDU

JDUDQWL]DGDLQFOXVRWUDVHOWUDEDMRGHFRUWH

 7DSDUODSODFDGHFRFFLyQSDUDHYLWDUGHVSHUIHFWRV

 +DFHUHOFRUWHHQHOWHFKRRHQODSDUHGODWHUDO)LJ

 5HWLUDUODVYLUXWDVGHVSXpVGHORVWUDEDMRVGHFRUWH

0RQWDMHGHODSDUDWR

: £3HOLJURGHOHVLRQHV

/DVSLH]DVLQWHUQDVGHODSDUDWRSXHGHQWHQHUERUGHVDILODGRV

8VDUJXDQWHVSURWHFWRUHV

 5HWLUDUODWDSD

1RWD (OVRSRUWHVHSXHGHPRYHUHQIXQFLyQGHODVLWXDFLyQGH

PRQWDMH )LJ 

 6XVWLWXLUHOVRSRUWHGHVPRQWDUODFKDSDUHTXHULGD\FDPELDUOD

SRVLFLyQ )LJ 

 $WRUQLOODUHOVRSRUWH\ODFKDSDHQODQXHYDSRVLFLyQ )LJ 

 ,QVHUWDUHODSDUDWRFRPSOHWDPHQWHHQHOFRUWHKDVWDTXHVH

HVFXFKHFyPRHQFDMDQODVVXMHFLRQHV)LJ 

 $SUHWDUFRQFXLGDGRORVWRUQLOORVXQRWUDVRWURKDVWDTXHHO

DSDUDWRTXHGHHQFDVWUDGRHQODVXSHUILFLHGHPRQWDMH)LJ 

1RWD 1RDSUHWDUORVWRUQLOORVHQH[FHVRSDUDQRGDxDUHO

DSDUDWR

 'HVHPEDODUHOILOWURGHVRGRUL]DQWH)LJ 

1RWD £(O ILOWUR GHVRGRUL]DQWH SHVD 6XMHWDU ELHQ \ OHYDQWDUOD FRQ

FXLGDGR

 ,QVHUWDU HO ILOWUR GHVRGRUL]DQWH \ JLUDU HO VRSRUWH GH PHWDO KDVWD HO

WRSHSDUDDVHJXUDUHOILOWURGHVRGRUL]DQWH)LJ 

 *LUDU \ FHUUDU OD WXHUFD PROHWHDGD HQ HO VRSRUWH GH PHWDO )LJ 

 (QJDQFKDUODFXELHUWDHQODVDEHUWXUDVGHODSDUWHLQIHULRUGHO

DSDUDWR)LJ 

3UHVLRQDUODFXELHUWDGHVGHDEDMRSDUDFHUUDUOD)LJ 

'HVPRQWDMHGHODSDUDWR

: £3HOLJURGHOHVLRQHV

/DVSLH]DVLQWHUQDVGHODSDUDWRSXHGHQWHQHUERUGHVDILODGRV

8VDUJXDQWHVSURWHFWRUHV

 3UHVLRQDUODFXELHUWDGHVGHDEDMRSDUDDEULUOD

 'HVHQJDQFKDU ODV VXMHFLRQHV GH OD FXELHUWD GH ODV DEHUWXUDV HQ

ODSDUWHLQIHULRUGHODSDUDWR

 'HVPRQWDUHOILOWURGHVRGRUL]DQWH$JDUUDUSRUGHEDMRHOILOWUR

GHVRGRUL]DQWHFRQXQDPDQR

1RWD £(OILOWURGHVRGRUL]DQWHSHVD

 'HVHQURVFDU OD WXHUFD PROHWHDGD \ DEULU HO VRSRUWH PHWiOLFR SDUD

H[WUDHUHOILOWURGHVRGRUL]DQWH)LJ 

 $IORMDUORVWRUQLOORVGHPDQHUDFRQVHFXWLYDFRQFXLGDGR\

GHVDWRUQLOODUORVKDVWDHOWRSH

 $JDUUDUODVDEHUWXUDVFRQORVSXOJDUHV\SUHVLRQDUKDFLDDUULED

ORVWHQVRUHVGHOUHVRUWH)LJ 

 ([WUDHUHODSDUDWR

5HJHQHUDUHOILOWURGHVRGRUL]DQWH

&RQXQXVRQRUPDOGHDSUR[ KDOGtDVHGHEHQUHJHQHUDUORV

ILOWURVFDGDRPHVHVSDUDJDUDQWL]DUXQDFRUUHFWDILOWUDFLyQ

6HDXWRUL]DODUHJHQHUDFLyQGHOILOWURGHVRGRUL]DQWHHQXQKRUQR

FRQYHQFLRQDO

: £3HOLJURGHTXHPDGXUDV

(OILOWURGHVRGRUL]DQWHSHUPDQHFHFDOLHQWHGXUDQWHXQWLHPSR

SURORQJDGRWUDVVXUHJHQHUDFLyQ1RWRFDUGLUHFWDPHQWHHOILOWUR

GHVRGRUL]DQWHWUDVVXUHJHQHUDFLyQGHMDUTXHVHHQIUtH

&RORFDUHOILOWURGHVRGRUL]DQWHFDOLHQWHVREUHXQDVXSHUILFLH

UHVLVWHQWHDOFDORUSDUDTXHVHHQIUtH

1RWDV

■ /RV ILOWURV GHVRGRUL]DQWHV SXHGHQ UHJHQHUDUVH KDVWD  YHFHV \

GHEHQVXVWLWXLUVHFRPRPtQLPRGHVSXpVGHDxRVGHXVR

■ &RQXQXVRQRUPDOGHDSUR[ KDOGtDORVILOWURV

GHVRGRUL]DQWHVGHEHQVXVWLWXLUVHFRPRPtQLPRGHVSXpVGH

DxRVGHXVR

■ (OILOWURGHVRGRUL]DQWHSHUPDQHFHFDOLHQWHGXUDQWHXQWLHPSR

SURORQJDGRWUDVVXUHJHQHUDFLyQ1RGHSRVLWDUHOILOWUR

GHVRGRUL]DQWHGLUHFWDPHQWHVREUHVXSHUILFLHVGHOLFDGDVWUDVVX

UHJHQHUDFLyQGHMDUTXHVHHQIUtHORVXILFLHQWHDQWHV

■ /RVILOWURVGHVRGRUL]DQWHVUHJHQHUDEOHVSXHGHQVXIULUGDxRVVL

VHFDHQ/RVGDxRVQRVLHPSUHVHUiQYLVLEOHVSRUIXHUD

(OLPLQDU\VXVWLWXLUORVILOWURVGHVRGRUL]DQWHVUHJHQHUDEOHVTXH

VHKD\DQFDtGR

■ 1R UHJHQHUDU HO ILOWUR GHVRGRUL]DQWH HQ SLUyOLVLV R SRU HQFLPD GH

ORV &

■ 3DUDHOSURFHVRGHUHJHQHUDFLyQFRORFDUHOILOWURGHVRGRUL]DQWH

VREUHXQDSDUULOOD\DTXHODVEDQGHMDVGHKRUQRSRGUtDQVXIULU

DUDxD]RV

■ 1ROLPSLDUQXQFDORVILOWURVGHVRGRUL]DQWHVFRQDJXDHQHO

ODYDYDMLOODVRFRQXQWUDSRK~PHGR

■ (V SRVLEOH TXH VH SURGX]FDQ RORUHV GXUDQWH OD UHJHQHUDFLyQ GHO

ILOWURGHVRGRUL]DQWH$VHJXUDUVHGHTXHODHVWDQFLDHVWp

FRUUHFWDPHQWHYHQWLODGD\DEULUXQDYHQWDQDHQFDVRQHFHVDULR

 3UHVLRQDUODFXELHUWDGHVGHDEDMRSDUDDEULUOD

 'HVPRQWDUHOILOWURGHVRGRUL]DQWH$JDUUDUSRUGHEDMRHOILOWUR

GHVRGRUL]DQWHFRQXQDPDQR

1RWD £(OILOWURGHVRGRUL]DQWHSHVD

 (IHFWXDUODUHJHQHUDFLyQGHOILOWURGHVRGRUL]DQWHHQHOKRUQR

SUHFDOHQWDGR\D&UHFLUFXODFLyQGHDLUHGXUDQWH

PLQXWRV

 'HMDUHQIULDUHOILOWURGHVRGRUL]DQWH

 ,QVHUWDU HO ILOWUR GHVRGRUL]DQWH \ JLUDU HO VRSRUWH GH PHWDO KDVWD HO

WRSHSDUDDVHJXUDUHOILOWURGHVRGRUL]DQWH)LJ 

 *LUDU \ FHUUDU OD WXHUFD PROHWHDGD HQ HO VRSRUWH GH PHWDO )LJ 

 3UHVLRQDUODFXELHUWDGHVGHDEDMRSDUDFHUUDUOD)LJ 

ptpt

,QVWUXo}HVGHPRQWDJHP

: ,QVWUXo}HVGHVHJXUDQoDLPSRUWDQWHV

/HLDDWHQWDPHQWHRSUHVHQWHPDQXDO6yDVVLPSRGHUiXWLOL]DUR

VHX DSDUHOKR GH IRUPD VHJXUD H FRUUHFWD *XDUGH DV LQVWUXo}HV GH

XWLOL]DomRHPRQWDJHPSDUDFRQVXOWDVIXWXUDVRXSDUDIXWXURV

XWLOL]DGRUHV

([DPLQHRDSDUHOKRGHSRLVGHRGHVHPEDODU6HIRUHP

GHWHFWDGRVGDQRVGHWUDQVSRUWHQmROLJXHRDSDUHOKR

6y FRP XPD PRQWDJHP HVSHFLDOL]DGD H HP FRQIRUPLGDGH FRP DV

LQVWUXo}HV GH PRQWDJHP SRGH VHU JDUDQWLGD D VHJXUDQoD GXUDQWH

DXWLOL]DomR2LQVWDODGRUpUHVSRQViYHOSHORIXQFLRQDPHQWR

FRUUHWRQRORFDOGHPRQWDJHP

3HULJRGHDVIL[LD

2PDWHULDOGHHPEDODJHPpSHULJRVRSDUDDVFULDQoDV1XQFD

GHL[HDVFULDQoDVEULQFDUHPFRPRPDWHULDOGHHPEDODJHP

3HULJRGHIHULPHQWRV

■ 2VFRPSRQHQWHVLQWHULRUHVGRDSDUHOKRSRGHPWHUDUHVWDV

YLYDV8VHOXYDVGHSURWHomR

3HULJRGHIHULPHQWRV

■ 2 DSDUHOKR SRGH FDLU VH QmR HVWLYHU FRUUHWDPHQWH IL[DGR 7RGRV

RVHOHPHQWRVGHIL[DomRWrPGHVHUPRQWDGRVGHIRUPDIL[DH

VHJXUD

1RWD )LOWURVGHRGRUHVUHJHQHUiYHLVSRGHPVHUGDQLILFDGRV

GHYLGRDTXHGDV2VGDQRVQHPVHPSUHVmRYLVtYHLVDSDUWLUGR

H[WHULRU(OLPLQHHVXEVWLWXDILOWURVGHRGRUHVTXHWHQKDPVRIULGR

TXHGDV

,QVWDODomR

3UHSDUDUDLQVWDODomR

■ 'HYHVHUSRVVtYHODFHGHUVHPSUREOHPDVDRORFDOGH

PRQWDJHPSDUDTXHHPFDVRGHDVVLVWrQFLDRDFHVVRDR

DSDUHOKRHVWHMDGHVLPSHGLGR

■ 5HFRPHQGDVHXPDGLVWkQFLDPtQLPDGH PPHPi[LPDGH

 PPePDLVGLItFLOUHFROKHURVYDSRUHVGHFR]HGXUDj

PHGLGDTXHDGLVWkQFLDUHODWLYDPHQWHjSODFDDXPHQWD

9HULILFDUDVXSHUItFLHGHPRQWDJHP

■ $VXSHUItFLHGHPRQWDJHPWHPGHVHUSODQDQLYHODGDH

VXILFLHQWHPHQWHUHVLVWHQWH

■ 2SHVRPi[GRDSDUHOKRpGH NJ

1RWDV

■ $V VXSHUItFLHV GR DSDUHOKR VmR VHQVtYHLV (YLWH GDQRV GXUDQWH D

LQVWDODomR

■ 9HULILTXHVHDiUHDGRQLFKRDSUHVHQWDFDERVGHRXWURV

DSDUHOKRV

■ 3DUDDIL[DomRpQHFHVViULDXPDHVWUXWXUDLQIHULRUDGHTXDGD

IL[DGHPRGRILUPHQRWHWRGHEHWmR

■ 1mRPRQWHRDSDUHOKRGLUHWDPHQWHQRVSDLQpLVGHJHVVR

FDUWRQDGRRXPDWHULDLVOHYHVVHPHOKDQWHVGRWHWRIDOVR

■ 3DUDDPRQWDJHPFRUUHWDXWLOL]HXPPDWHULDOVXILFLHQWHPHQWH

HVWiYHOHDMXVWDGRjVSURSULHGDGHVFRQVWUXWLYDVHDRSHVRGR

DSDUHOKR



3UHSDUDomRGDVXSHUItFLHGHPRQWDJHP

$HVWDELOLGDGHGDVXSHUItFLHGHPRQWDJHPWHPGHHVWDUJDUDQWLGD

PHVPRDSyVRVWUDEDOKRVGHUHFRUWH

 &XEUDDSODFDGHFR]LQKDUSDUDHYLWDUGDQRVQDPHVPD

 &ULHXPQLFKRQRWHWRRXSDUHGHODWHUDOILJXUD

 'HSRLV GH SURFHGHU DRV WUDEDOKRV GH UHFRUWH UHPRYD DV DSDUDV

0RQWDURDSDUHOKR

: 3HULJRGHIHULPHQWRV

2VFRPSRQHQWHVLQWHULRUHVGRDSDUHOKRSRGHPWHUDUHVWDVYLYDV

8VHOXYDVGHSURWHomR

 5HWLUHDFREHUWXUD

1RWD 2VXSRUWHSRGHVHUPXGDGRFRQIRUPHDVLWXDomRGH

PRQWDJHP ILJXUD

 'HVDSDUDIXVHRVXSRUWHHDFKDSDQHFHVViULDHWURTXHGH

SRVLomR ILJXUD

 $SDUDIXVHRVXSRUWHHDFKDSDQDQRYDSRVLomR ILJXUD

 &RORTXHRDSDUHOKRFRPSOHWDPHQWHGHQWURGRQLFKRDWpDV

VXVSHQV}HVHQJDWDUHPDXGLYHOPHQWHILJXUD

 $SHUWH VHTXHQFLDOPHQWH RV SDUDIXVRV GH IRUPD FXLGDGRVD DWp

R DSDUHOKR ILFDU QLYHODGR FRP D VXSHUItFLH GH PRQWDJHP ILJXUD



1RWD 1mR DSHUWH GHPDVLDGR RV SDUDIXVRV SDUD QmR GDQLILFDU R

DSDUHOKR

 'HVHPEDOHRILOWURGHRGRUHVILJXUD 

1RWD 2ILOWURGHRGRUHVpSHVDGR/HYDQWHFRPFXLGDGRH

VHJXUHEHP

 ,QVLUD R ILOWUR GH RGRUHV H URGH R VXSRUWH PHWiOLFR DWp DR EDWHQWH

SDUDTXHRILOWURILTXHEHPFRORFDGRILJXUD 

 $SHUWHDVSRUFDVVHUULOKDGDVQRVXSRUWHPHWiOLFRILJXUD 

 (QFDL[H D FREHUWXUD QDV DEHUWXUDV GD SDUWH LQIHULRU GR DSDUHOKR

ILJXUD

3UHVVLRQH SRU EDL[R FRQWUD D FREHUWXUD SDUD D IHFKDU ILJXUD 

'HVPRQWDURDSDUHOKR

: 3HULJRGHIHULPHQWRV

2VFRPSRQHQWHVLQWHULRUHVGRDSDUHOKRSRGHPWHUDUHVWDVYLYDV

8VHOXYDVGHSURWHomR

 3UHVVLRQHSRUEDL[RFRQWUDDFREHUWXUDSDUDDDEULU

 'HVHQFDL[HRVVXSRUWHVGDFREHUWXUDGDVDEHUWXUDVQDSDUWH

LQIHLURUGRDSDUHOKR

 'HVPRQWH R ILOWUR GH RGRUHV 3DUD WDO VHJXUH FRP XPD PmR SRU

EDL[RGRILOWURGHRGRUHV

1RWD 2ILOWURGHRGRUHVpSHVDGR

 'HVHQURVTXHDVSRUFDVVHUULOKDGDVHDEUDRVVXSRUWHV

PHWiOLFRVSDUDUHWLUDURILOWURGHRGRUHVILJXUD

 6ROWHRVSDUDIXVRVVHTXHQFLDOPHQWHGHIRUPDFXLGDGRVDH

GHVHQURVTXHRVDWpDREDWHQWH

 $OFDQFHDVDEHUWXUDVFRPRVSROHJDUHVHSUHVVLRQHDVPRODV

WHQVRUDVSDUDFLPDILJXUD

 5HWLUHRDSDUHOKR

5HJHQHUDURILOWURGHRGRUHV

3DUDJDUDQWLURJUDXGHVHSDUDomRGRRGRUpQHFHVViULR

UHJHQHUDU RV ILOWURV WRGRV RV  PHVHV QR FDVR GH XPD XWLOL]DomR

QRUPDOGLDULDPHQWHFHUFDGHKRUD

2ILOWURGHRGRUHVHVWiDSURYDGRSDUDDUHJHQHUDomRQXPIRUQR

GLVSRQtYHOQRPHUFDGR

: 3HULJRGHTXHLPDGXUDV

2 ILOWUR GH RGRUHV SHUPDQHFH TXHQWH GXUDQWH PXLWR WHPSR DSyV D

UHJHQHUDomR1mRWRTXHQRILOWURGHRGRUHVORJRDSyVD

UHJHQHUDomRGHL[HRDUUHIHFHU

&RORTXHRILOWURGHRGRUHVTXHQWHVREUHXPDEDVHUHVLVWHQWHDR

FDORUSDUDRDUUHIHFHU

1RWDV

■ 2VILOWURVGHRGRUHVSRGHPVHUUHJHQHUDGRVDWpYH]HVH

GHYHPVHUVXEVWLWXtGRVSHORPHQRVDSyVDQRV

■ 2VILOWURVGHRGRUHVGHYHPVHUVXEVWLWXtGRVSHORPHQRVWRGRV

RV  DQRV QR FDVR GH XPD XWLOL]DomR QRUPDO GLDULDPHQWH FHUFD

GHKRUD

■ 2 ILOWUR GH RGRUHV SHUPDQHFH TXHQWH GXUDQWH PXLWR WHPSR DSyV

DUHJHQHUDomR1mRWRTXHGLUHWDPHQWHQDVVXSHUItFLHV

VHQVtYHLVGRILOWURGHRGRUHVORJRDSyVDUHJHQHUDomRGHYH

GHL[iORDUUHIHFHUGXUDQWHWHPSRVXILFLHQWH

■ )LOWURVGHRGRUHVUHJHQHUiYHLVSRGHPVHUGDQLILFDGRVGHYLGRD

TXHGDV2VGDQRVQHPVHPSUHVmRYLVtYHLVDSDUWLUGRH[WHULRU

(OLPLQH H VXEVWLWXD ILOWURV GH RGRUHV TXH WHQKDP VRIULGR TXHGDV

■ 1mRUHJHQHUHILOWURVGHRGRUHVQDOLPSH]DSLUROtWLFDRX

FODUDPHQWHDFLPDGH&

■ 3DUDRSURFHVVRGHUHJHQHUDomRFRORFDURILOWURGHRGRUHVHP

FLPD GH XPD JUHOKD SRLV RV WDEXOHLURV GR IRUQR SRGHP SURYRFDU

ULVFRV

■ 1XQFDOLPSHRILOWURGHRGRUHVFRPSURGXWRVGHOLPSH]DiJXD

QDPiTXLQDGHODYDUQHPFRPXPSDQRPROKDGR

■ 'XUDQWHDUHJHQHUDomRGRILOWURGHRGRUHVSRGHRFRUUHUD

IRUPDomR GH RGRUHV &HUWLILTXHVH GH TXH R HVSDoR VH HQFRQWUD

EHPDUHMDGRHVHQHFHVViULRDEUDXPDMDQHOD

 3UHVVLRQHSRUEDL[RFRQWUDDFREHUWXUDSDUDDDEULU

 'HVPRQWH R ILOWUR GH RGRUHV 3DUD WDO VHJXUH FRP XPD PmR SRU

EDL[RGRILOWURGHRGRUHV

1RWD 2ILOWURGHRGRUHVpSHVDGR

 5HJHQHUHRILOWURGHRGRUHVGXUDQWHPLQXWRVQRIRUQR

SUHDTXHFLGRD&DUFLUFXODQWH

 'HL[HDUUHIHFHURILOWURGHRGRUHV

 ,QVLUD R ILOWUR GH RGRUHV H URGH R VXSRUWH PHWiOLFR DWp DR EDWHQWH

SDUDTXHRILOWURILTXHEHPFRORFDGRILJXUD 

 $SHUWHDVSRUFDVVHUULOKDGDVQRVXSRUWHPHWiOLFRILJXUD 

 3UHVVLRQH SRU EDL[R FRQWUD D FREHUWXUD SDUD D IHFKDU ILJXUD 

̯̓͆͂̾̈́͐͉̻̈́͂̀͒͑͒̀͑͆͐

: ̵͉͎̓͏͕͓͋͌̿͖͇͇͓͑͆́͐͋͔͍͇͓̓͗̓́̓

῭͈̻́͑͒̈́͏͎͉͈͉̻͑̈́͒͓̼̀͒͐͈͒͐͎̓͆͂̾̈́͐̬͚͎͌͚͒͒̈́͋͎͏̈́̾͒̈́͌̀

͕͈̈́͏͈͑͒̈́̾͒̈́͒͆͓͉͓͑͑̈́̽͎͓͑̾͂͏̀͉͈̀̻͑͗͑͒̵͓̻͍͊͒̈́͈͒͐͎̓͆͂̾̈́͐

͕͏̽͑͆͐͉͈̀͓͑͌̀͏͎͚͋͊͂͆͑͆͐͈͂̀͈͋̀̀͏͚͂͒̈́͏͆͕͏̽͑͆̽͈͂̀͎͒͌

̈́͚͎͋̈́͌͈͈͎͉̓͒̽͒͆

̬̻̈́͒͒͆͌͔̀̀̾͏̈́͑͆̀͚͒͆͓͉͓͑͑̈́̀͑̾̀̼͍̈́͊͂͒̈́͒͆͓͉͓͑͑̈́̽̲̈́

̈́͏̾͒͗͑͆͈̻͆͋͐ͅ͉̻̀͒͒͆͔͎͋̈́͒̀͏̻͋͆͌͒͆͌͓̼͑͌̓͑̈́͒̈́

̬͚͎͌͋̈́͒͆͑͗͑͒̽͉̻̈́͂̀͒͑͒̀͑͆͔͑͛͋͗͌̀͋̈́͈͒͐͎̓͆͂̾̈́͐

͎͒͎͇̼͒͆͑͆͐͍͔͈̈́̀͑̀͊̾̈́͒̀ͅ͆͔̻͈̀͑͊̈́̀͉̻̀͒͒͆͕͏̽͑͆̯

͉̻̈́͂̀͒̀͑͒͒͆͐͈̈́̾͌̀͓͇͓͎̈́͛͌͐͈͂̀͒͆͌̻͖͎͂͆͈͎͓͊̈́͒͏͂̾̀͑͒͆͇̼͑͆

͎͒͎͇̼͒͆͑͆͐

̭́͏͖͆͏͓͑͔͖͓̓͗͐́̓

̳̀͓͈͉̻͊͒͆͐͓͉͓͑͑̈́̀͑̾̀͐͈̈́̾͌̀̈́͈͉͓̾͌̓͌̀͈͂̀͒̀͈͈̻̀̓̬͆͌

͔̀̽͌̈́͒̈́͒̀͈͈̻̀̓͌̀͎͓̀̾͌ͅ͎̼͒͋̈́͒̀͓͈͉̻͊͓͉͓͑͑̈́̀͑̾̀͐

̭́͏͖͆͏͓͑͕͖͎͕͔͎͒̓̓͋͑͞

■ ̳̀͍̈́̀͏͒̽͋̀͒̀͎͑͒̈́͑͗͒̈́͏͈͉͚͒͆͐͓͉͓͑͑̈́̽͐͋͎͏̈́̾͌̀͈̈́̾͌̀

͉͎͔͒̈́͏̻̵͎͏̻͒̈́͏͎͓͈͉̻͑͒̀͒̈́͒̻͈͂͌͒̀

̪͓͎̾͌̓͌͐͒͏͓͈͎̀͋̀͒͑͋͛

■ ̥̻͌ ͆ ͓͉͓͑͑̈́̽ ̓̈́͌ ͈̈́̾͌̀ ̻͑͗͑͒ ͑͒̈́͏̼̈́͗͋͌͆ ͋͎͏̈́̾ ͌̀ ̼͈͑̈́ ̞͊̀

͒̀͎͈͕͑͒̈́̾̀͑͒̈́͏̼͗͑͆͐͏̼͈̈́͌̀͓͑͌̀͏͎͎͇͎͋͊͂͆͛͌͉̻̀͊͉͈̀

͎͓͑̾͂͏̀

̷͇͉͆͋͐͝ ̳̀̀͌̀͂̈́͌͌͋̈́͌̀͜͔̾͊͒͏̀͎͑͋͌͜͋͎͏͎͛͌͚͒̀͌̼͎͓͑͌

͉̻͒͗͌̀͓͎͎͑͒͛͌͈̻͆͋ͅ̯͈͈̼͆͋͐ͅ̓̈́͔͎͈̀̾͌͌͒̀̻͎͌͒͒̈́̀͚̼͍͗

̢͎͑͛͏̈́͒̈́͉͈̀͈͉̀͌͒̀͒̀͑͒̽͑͒̈́͒̀̀͌̀͂̈́͌͌͋̈́͌̀͜͔̾͊͒͏̀͎͑͋͌͜

͎͓̼͕͎͓͌̼͈͑̈́͉̻͒͗

̨͕͔͕͔͉͌̓̾̓ͅ

̳͇͕͎͔͒͑͑͋̓́̓͇͕͔͕͔͉͓͌̓̾̓ͅ

■ ̧ ͇̼͑͆ ͓͑͌̀͏͎͚͋͊͂͆͑͆͐ ͏̼͈̈́ ͌̀ ͈̈́̾͌̀ ͏͎͈͑͒̽ ͕͗͏̾͐ ͏͚́͊͆͋̀

͈͂̀ ͌̀ ͓̻͏͕͈̈́ ͑͒͆ ͓͉͓͑͑̈́̽ ͑̈́ ̈́͏̾͒͗͑͆ ̼͑͏͈́͐ ͈͋̀ ̀͏͚͉͎͑͒͆

͏͚͑́̀͑͆

■ ̲͓͈͌̾͑͒̀͒̀͆̀͚͑͒̀͑͆͌̀͈̈́̾͌̀͎͒͈͚͊͂͒̈́͏͎PP͉͈̀͎͒͎͊͛

PP̯͚̀͒͋͐͈͋̀͂̈́͏̼͎͋̀͒͐͋̈́͓͍͚̀̀͌͋̈́͌͆̀͚͑͒̀͑͆̀͚

͒͆͌̈́͑͒̾̀͈͋̀͂̈́͏̼͎͋̀͒͐͈͕͈̀͌͌̈́͛̈́͒̀͓͉͎͚̓͑͊͒̈́͏̀

̞͍͇͓͑͘ͅ͕͉͓͇͋͗̾͏͇͓͋̓͕͑͕͉͔͉͓͑͊̿

■ ̧̈́͈͔̻͈͌̈́̀͎͒͎͇̼͒͆͑͆͐͏̼͈̈́͌̀͈̈́̾͌̀̈́̾̈́̓͆͎͏͈͚͈͌͒̀ͅ͉͈̀

͋̈́̈́̀͏͉̽͔̼͏͎͓͑̀͈͉͚̀͌͒͆͒̀

■ ̳͎̼͈͎͋͂͑͒̻́͏͎͐͒͆͐͓͉͓͑͑̈́̽͐̼̀͌͏͕͈̈́͒̀͑͒̀ NJ

̷͇͇͓͑͆́͐͋

■ ̯͈̈́͈͔̻͈͌̈́̈́͐͒͆͐͓͉͓͑͑̈́̽͐͈̈́̾͌̀͓͇̈́̀̾͑͆͒̈́͐̪̻̀͒͒͆͌

͉̻̈́͂̀͒͑͒̀͑͆̀͎͔͛͂̈́͒̈́͈͒͐͈̼͆͋͐ͅ

■ ̥̼͍͊͂͒̈́͒͆͌̈́͏͈͎͕̽͎͎̀͌̾͂͋̀͒͐͈͂̀͓̻͏͕͎͌͒̀͉͈̀͊̓̀͜̻͊͊͗͌

͓͉͓͑͑̈́͌͜

■ ̤͈̀͒͆͑͒̈́͏̼͗͑͆͈̈́̾͌̀̀̀͏͎̀̾͒͆͒̼͌̀͉̻͎̀͒͊͊͆͊͓͎͑͒̽͏͈͂͋̀

͎͓͈̈́̾͌̀͑͒̈́͏̼͎̈́͗͋͌͇͑͒̀̈́͏̻͑͒͆͌͋̼͈͒͌͆͎͏͎͔̽

■ ̬͆ ͓͑͌̀͏͎͎͋͊͂̈́̾͒̈́ ͒͆ ͓͉͓͑͑̈́̽ ̀͓͇̈́̈́̾̀͐ ͈͑͒͐ ͓͖͎͂͑̀͌̾̓̈́͐ ̽ ͑̈́

̀͏͚͎͈͋̀͔̈́͊̀͏̻͎͈͉͎͎͈͉̻̓͋͓͈͉̻͊͒͆͐͖͓͎̈́̓͏͎͔̽͐

■ ̤͈̀͒͆͌͈̼̈́͌̓̈́̓̈́͂͋͌͆͎͒͎͇̼͒͆͑͆͕͏͈͎͆͑͋͎͈̽͑͒̈́̼͌̀̈́̀͏͉͐͜

͇͑͒̀̈́͏͚͏͎͑̀͏͎̼͎͋͑͋͌͈͑͒͐͎͈͉̼̓͋͐͓͇͉͑͌̽̈́͐͉͈̀͎͑͒̻́͏͎͐

͒͆͐͓͉͓͑͑̈́̽͐͓͈͉͚͊

̳͇͕͎͔͒͑͑͋̓́̓͕͉͓͇͋͗̾͏͇͓͋̓͕͑͕͉͔͉͓͑͊̿

̧͇͑͒̀̈́͏͚͒͆͒̀͒͆͐̈́͈͔̻͈͌̈́̀͐͎͒͎͇̼͒͆͑͆͐͏̼͈̈́͌̀

͍͔͈̈́̀͑̀͊̾̈́͒̀ͅ̈́̾͑͆͐͉͈̀̻͋̈́͒̀͚͈͒͐̈́͏͂̀͑̾̈́͐͉͎̽͐͒͗͌

͎͈̻̀͌͂͋͒͗͌



 ̲͉̈́̻͑͒̈́͒͆̻́͑͆͈̈́͑͒͌͜͈͂̀͌·̀͎͔͛͂̈́͒̈́͓͕͚͒͌͈̼͆͋͐ͅ

 ̵͈̻͍͒͒̈́͎͒̻͎͈͌͂͋̀͑͒͆͌͎͏͎͔̽̽͎͑͒͌͓͊̈́͏͈͉͚͎͕͎͒̾̨͋͌͝͏̓

 ̬̻̈́͒͈͒͐̈́͏͂̀͑̾̈́͐͉͎̽͐͒͗͌͎͈̻̀͌͂͋͒͗͌̀͎͉͋̀͏͛͌̈́͒̈́͒̀

̀͚́͊͆͒̀͏͈͎͈͌̾̓̀͂͏̼͈̀ͅ

̶͑͕͉͔͉͑͊̿͔͖͔͇͖͓͌̀

: ̭́͏͖͆͏͓͑͕͖͎͕͔͎͒̓̓͋͑͞

̳̀͍̈́̀͏͒̽͋̀͒̀͎͑͒̈́͑͗͒̈́͏͈͉͚͒͆͐͓͉͓͑͑̈́̽͐͋͎͏̈́̾͌̀͈̈́̾͌̀

͉͎͔͒̈́͏̻̵͎͏̻͒̈́͏͎͓͈͉̻͑͒̀͒̈́͒̻͈͂͌͒̀

 ̢͔͈̀͏̼͑͒̈́͎͒͉̻͓͊͋͋̀

̷͇͉͆͋͐͝ ̳͎͚͈͎͑͒͋̻͎̀͌͊͂̀͋̈́͎͒͌͒͏͚͎͎͒͎͇̼͒͆͑͆͐͋͎͏̈́̾

͌̀͎͋̈́͒̀͒͈͑͒̈́̾ ̨͋͌͝͏̓

 ̮͈̈́́̓͑͒̈́͜ ͎͒ ͚͈͎͑͒͋ ͉͈̀ ͒͆͌ ̀͈͎̀͒͛͋̈́͌͆ ͊̀͋̀͏̾͌̀ ͉͈̀ ̻͍̀͊͊͒̈́ ͒͆

͇̼͑͆ ̨͋͌͝͏̓

 ̣͈̓͑͒̈́͜͎͒͚͈͎͑͒͋͉͈̀͒͆͊̀͋̀͏̾͌̀͑͒͆̼͌̀͇̼͑͆ ̨͋͌͝͏̓

 ̳͎͎͇̈́͒̽͑͒̈́͒͆͓͉͓͑͑̈́̽̈́͌͒̈́͊͐͜̼͋͑̀͎͑͒̻͎͈͌͂͋̀̼͕͋͏͈͌̀

͔͎͓̀͑̀͊̾͑͌͎͈̀͌̀͏͈͒̽͑̈́͐͋̈́͎͒͌͕̀͏͉̀͒͆͏͈͈͉͚͑͒͕͎̽̨͋͌͝͏̓

 ̲͔͍̾͒̈́͈͒͐́̾̓̈́͐͏͎͉͈͉̻͑̈́͒͒͆͈͋̀̻͋̈́͒͒͆͌̻͊͊͆̼͕͋͏͈͌̀

͉͎͓̀͋̻͆͓͉͓͑͑̈́̽͈͚͑̈́̓̀͑͒͆͌̈́͈͔̻͈͌̈́̀͎͒͎͇̼͒͆͑͆͐

̨͋͌͝͏̓

̷͇͉͆͋͐͝ ̬͆͔͍͑̾̈́͒̈́͎͊͛͓̻̓͌̀͒͈͒͐́̾̓̈́͐͈͂̀͌̀͋͆͌

͉̀͒̀͑͒͏̼͖̈́͒̈́͒͆͓͉͓͑͑̈́̽

 ̢͔͈̀͏̼͑͒̈́͎͒͔̾͊͒͏͎͎͑͋͌͜̀͚͒͆͓͉͓͑͑̈́̀͑̾̀̨͋͌͝͏̓

̷͇͉͆͋͐͝ ̳͎͔̾͊͒͏͎͎͑͋͌͜͈̈́̾͌̀́̀͏͛̲͉͆͑͒̈́͜͎͒͏͎͉͈͉̻͑̈́͒

͉͈̀͉͏̀͒̽͑͒̈́͎͒͉̻̀͊

 ̳͎͎͇̈́͒̽͑͒̈́ ͎͒ ͔̾͊͒͏͎ ͎͑͋͌͜ ͉͈̀ ͓͂͏̾͑͒̈́ ͎͒͌ ͈͉͚͋̈́͒̀͊͊ ́͏͕͎̀̾͌̀

̼͕͋͏͈̼͒͏͋̀͈͂̀͌̀͉͎͓̀͋̻͎͒͔̾͊͒͏͎͎͑͋͌͜͋̈́͔̻͈̀͑͊̈́̀

̨͋͌͝͏̓

 ̲͔͍̾͒̈́͒̀͏͈͉̻͌͗͒͍͈̻͈̀͋̓̀͎͑͒͌͈͉͚͋̈́͒̀͊͊́͏͕͎̀̾͌̀̨͋͌͝͏̓

 ̢͌̀͏͒̽͑͒̈́͎͒͉̻͓͊͋͋̀͑͒̀͎̀͌̾͂͋̀͒̀͑͒͆͌͉̻͒͗͓͊̈́͏̻͒͆͐

͓͉͓͑͑̈́̽͐̨͋͌͝͏̓

̰͈̼͑͒̈́͎͑͒͉̻͓͊͋͋̀̀͚͉̻͒͗͈͂̀͌̀͎͒͉͊̈́̾͑̈́͒̈́̨͋͌͝͏̓

̥͔͖͑͏͎͍͉͔͉̓͒͑͝ͅ͕͉͓͔͖͔͇͖͓͌̀

: ̭́͏͖͆͏͓͑͕͖͎͕͔͎͒̓̓͋͑͞

̳̀͍̈́̀͏͒̽͋̀͒̀͎͑͒̈́͑͗͒̈́͏͈͉͚͒͆͐͓͉͓͑͑̈́̽͐͋͎͏̈́̾͌̀͈̈́̾͌̀

͉͎͔͒̈́͏̻̵͎͏̻͒̈́͏͎͓͈͉̻͑͒̀͒̈́͒̻͈͂͌͒̀

 ̰͈̼͑͒̈́͎͑͒͉̻͓͊͋͋̀̀͚͉̻͒͗͈͂̀͌̀͎͒͎͍̀͌̾̈́͒̈́

 ̥͓͇͊̈́̈́͏͑͒̈́͜͒̀͑͒͆͏̾͂͋̀͒̀͎͓͒͉͎̀͊͛͋͋̀͒͐̀͚͒̀͎̀͌̾͂͋̀͒̀

͑͒͆͌͉̻͒͗͓͊̈́͏̻͒͆͐͓͉͓͑͑̈́̽͐

 ̢͔͈̀͏̼͑͒̈́͎͒͔̾͊͒͏͎͎͑͋͌͜̤͈·͓͚̀͒͈̻͑͒̈́͋̈́͎͒̼͌̀͕̼͏͈͉̻͒͗

̀͚͎͒͔̾͊͒͏͎͎͑͋͌͜

̷͇͉͆͋͐͝ ̳͎͔̾͊͒͏͎͎͑͋͌͜͈̈́̾͌̀́̀͏͛

 ̮͈̈́́̓͑͒̈́͜͒̀͏͈͉̻͌͗͒͍͈̻͈̀͋̓̀͉͈̀͎͍̀͌̾͒̈́͎͒͌͈͉͚͋̈́͒̀͊͊

́͏͕͎̀̾͌̀͈͂̀͌̀͔͈̀̀͏̼͑̈́͒̈́͎͒͔̾͊͒͏͎͎͑͋͌͜̨͋͌͝͏̓

 ̫͛͑͒̈́͏͎͉͈͉̻͑̈́͒͈͒͐́̾̓̈́͐͈͎͕͈͉̻̓̀̓͉͈̀͍͈̈́́̓͑͒̈́͜͒̈́͐̼͕͋͏͈

̼͒͏͋̀

 ̬̈́ ͎͒͌ ͕͈̀͌͒̾̈́͏̀ ͈̻͑͒̈́ ͑͒̀ ͎̀͌̾͂͋̀͒̀ ͉͈̀ ͈̼͑͒̈́ ͒̀ ̈́͊̀͒͆͏͈̻͗͒

͉͈͊͏͎͐͒̀̈́̻͌͗̨͋͌͝͏̓

 ̢͔͈̀͏̼͑͒̈́͒͆͓͉͓͑͑̈́̽

̥͏̓̿ͅ͏͏͉͔͉͕͖͑͍͕͖͗́͒͑͔͎͑͟͏

̤͈̀͌̀͍͔͈̈́̀͑̀͊͑͒̈́̾͎͒͔͈͊͒͏̻͏͈͑͋̀͒͗͌͎͑͋͌͜͏̼͈̈́͒̀͔̾͊͒͏̀

͑͒͆͌͉͎͈͉̀͌͌̽͈͎͓͊̈́͒͏͂̾̀͉͇̀͆͋̈́͏͈̻͌̈́͏̾͎͓͜͏̀͌̀

͈͎͈̀͌̀͂̈́͌͌͛͌͒̀̈́͏̾͎͓͉̻͇̈́͋̽͌̈́͐

̳͎͔̾͊͒͏͎͎͏͋͌͜̼͕͈̈́͉̈́͂͏͈͇̈́̾͈͂̀͒͆͌̼̀͌̀͂͌͌͆͑͆͑̈́̼͌̀͌͔͎͛͏͎͌

͎͓͒̈́͋͎͏͎͓̾

: ̭́͏͖͆͏͓͑͇͎͕͓͌̓̓͑͞ͅ

̳͎͔̾͊͒͏͎͎͑͋͌͜̻͋̈́͒͒͆͌̼̀͌̀͂͌͌͆͑͆̀͏̼͈̀͋͌̈́͈͂̀͎͊͛͕͏͚͎͌

͉͓͚̀͒̬͆͌͍̀͂͂̾̈́͒̈́͎͒͔̾͊͒͏͎͎͑͋͌͜̀͓͇̈́̈́̾̀͐̻͋̈́͒͒͆͌

̼̀͌̀͂͌͌͆͑͆̻̀͊͊͔̀̽͑͒̈́͎͒͌̀͉͏͓͈͑̈́͜

̳͎͎͇̈́͒̽͑͒̈́͎͒͉͓͚̀͒͔̾͊͒͏͎͎͑͋͌͜͈͂̀͌̀͉͏͓͈͑̈́͜̻͌͗͑̈́͈͋̀

͇͉͈͉̀͌̈́͒̽͑͒͆͇̈́͏͚͋͒͆͒̀̈́͈͔̻͈͌̈́̀̈́͌̀͚͇̈́͑͆͐

̷͇͇͓͑͆́͐͋

■ ̳̀͔̾͊͒͏̀͎͑͋͌͜͋͎͏͎͛͌͌̀͇͎̀͌̀͂̈́͌͌͆͛͌̼͕͋͏͈͉͈̀͔͎͏̼͐

͉͈̀͏̼͈̈́͌̀͈͉͇͎̀͌͒̀͒̀͑͒̀͛͌͎͒̀͏͚͂͒̈́͏͎̻͋̈́͒̀͚͕͏͚͈͌̀

■ ̳̀͔̾͊͒͏̀͎͑͋͌͜͏̼͈̈́͑͒͆͌͉͎͈͉̀͌͌̽͈͎͓͊̈́͒͏͂̾̀͉͇̀͆͋̈́͏͈̻͌

͜͏̀͌̀͈͉͇͈̀͌͒̀̾͑͒̀͌͒̀͎͒͈͚͊͂͒̈́͏͎͉̻͇̈́͕͏͚͈͌̀

■ ̳͎ ͔̾͊͒͏͎ ͎͑͋͌͜ ̻͋̈́͒ ͒͆͌ ̼̀͌̀͂͌͌͆͑͆ ̀͏̼͈̀͋͌̈́ ͈͂̀ ͎͊͛ ͕͏͚͎͌

͉͓͚̀͒̬͆͌͎͒͎͇̈́͒̽͑̈́͒̈́͎͒͔̾͊͒͏͎͎͑͋͌͜̀͓͇̈́̈́̾̀͐̻͋̈́͒͒͆͌

̼̀͌̀͂͌͌͆͑͆̻͌͗͑̈́͓͇̈́̀̾͑͆͒̈́͐̈́͈͔̻͈͌̈́̈́͐̻̀͊͊͔̀̽͑͒̈́͎͒

͏͒̀͜͌̀͉͏͓͈͑̈́͜̀͏͉̻̈́͒

■ ̳̀̀͌̀͂̈́͌͌͋̈́͌̀͜͔̾͊͒͏̀͎͑͋͌͜͋͎͏͎͛͌͚͒̀͌̼͎͓͑͌͉̻͒͗͌̀

͓͎͎͑͒͛͌͈̻͆͋ͅ̯͈͈̼͆͋͐ͅ̓̈́͔͎͈̀̾͌͌͒̀̻͎͌͒͒̈́̀͚̼͍͗

̢͎͑͛͏̈́͒̈́͉͈̀͈͉̀͌͒̀͒̀͑͒̽͑͒̈́͒̀̀͌̀͂̈́͌͌͋̈́͌̀͜͔̾͊͒͏̀͎͑͋͌͜

͎͓̼͕͎͓͌̼͈͑̈́͉̻͒͗

■ ̬͆͌̀͌̀͂̈́͌͌̽͑̈́͒̈́͒̀͔̾͊͒͏̀͎͑͋͌͜͑͒͆͌͓͏͚͓͊͑͆̽̀͏͉̻̈́͒

̻͌͗̀͚͎͓͒͐&

■ ̳͎͎͇̈́͒̽͑͒̈́ ͎͒ ͔̾͊͒͏͎ ͎͑͋͌͜ ͈͂̀ ͒͆ ͈͈͉̓̀̓̀͑̾̀ ͒͆͐ ̼̀͌̀͂͌͌͆͑͆͐

̻͌͗͑̈́͈͋̀͕̻͑͏̀̈́͈̈́̓̽͒̀͖͈̻͒̀͋͎͏̈́̾͌̀͂͏͎͓͈͎̀͒͑͌͑͒͛͌

■ ̬͆͌͉͇̀̀͏̾̈́͒̈́ͅ͎̼͒͎͒͔̾͊͒͏͎͎͑͋͌͜͋̈́͌̈́͏͚͎͑͒͓͊͌͒̽͏͈͎

͈̻͒͗͌̽͋̈́̼͌̀͓͂͏͚̀͌̾

■ ̪̻̀͒͒͆͌̼̀͌̀͂͌͌͆͑͆͎͓͒͔̾͊͒͏͎͓͎͑͋͌͜͋͎͏̈́̾͌̀

͈͎͓̓͆͋͏͇͎͂͆͛͌ ͎̼͑͋͐ ̣͈͇̈́́̀͗̈́̾͒̈́ ͚͈͒ ͎͒ ̻͈͎̓͗͋͒ ̀̈́͏͈̾̈́͒̀ͅ ͉̻̀͊

͉͈̀͎͍̀͌̾͒̈́͑̈́̈́͏̾͒͗͑͆͎͓͕͏͈̻͈̈́̈́͒̀ͅ̼͌̀̀͏̻͇͓͏͎

 ̰͈̼͑͒̈́͎͑͒͉̻͓͊͋͋̀̀͚͉̻͒͗͈͂̀͌̀͎͒͎͍̀͌̾̈́͒̈́

 ̢͔͈̀͏̼͑͒̈́͎͒͔̾͊͒͏͎͎͑͋͌͜̤͈·͓͚̀͒͈̻͑͒̈́͋̈́͎͒̼͌̀͕̼͏͈͉̻͒͗

̀͚͎͒͔̾͊͒͏͎͎͑͋͌͜

̷͇͉͆͋͐͝ ̳͎͔̾͊͒͏͎͎͑͋͌͜͈̈́̾͌̀́̀͏͛

 ̢͌̀͂̈́͌͌̽͑͒̈́ ͎͒ ͔̾͊͒͏͎ ͎͑͋͌͜ ͎͑͒͌ ͏͎͇̈́͏̼͎͋̀͑͋͌ ͔͎͛͏͎͌ ͎͓͑͒͐

&͉͓͉͎͔͎̀͌̀͊͏̾̀̼̀͏̀͈͂̀͊̈́̻͒

 ̢͔̽͑͒̈́͎͒͔̾͊͒͏͎͎͑͋͌͜͌̀͉͏͓͈͑̈́͜

 ̳͎͎͇̈́͒̽͑͒̈́ ͎͒ ͔̾͊͒͏͎ ͎͑͋͌͜ ͉͈̀ ͓͂͏̾͑͒̈́ ͎͒͌ ͈͉͚͋̈́͒̀͊͊ ́͏͕͎̀̾͌̀

̼͕͋͏͈̼͒͏͋̀͈͂̀͌̀͉͎͓̀͋̻͎͒͔̾͊͒͏͎͎͑͋͌͜͋̈́͔̻͈̀͑͊̈́̀

̨͋͌͝͏̓

 ̲͔͍̾͒̈́͒̀͏͈͉̻͌͗͒͍͈̻͈̀͋̓̀͎͑͒͌͈͉͚͋̈́͒̀͊͊́͏͕͎̀̾͌̀̨͋͌͝͏̓

 ̰͈̼͑͒̈́͎͑͒͉̻͓͊͋͋̀̀͚͉̻͒͗͈͂̀͌̀͎͒͉͊̈́̾͑̈́͒̈́̨͋͌͝͏̓

0RQWDMN×ODYX]X

: gQHPOLJYHQOLNX\DU×ODU×

%XN×ODYX]XGLNNDWOLFHRNX\XQX]$QFDNEXüHNLOGHFLKD]×JYHQOL

YHGRùUXELUELoLPGHNXOODQPDQ×]PPNQRODFDNW×U'DKDVRQUD

NXOODQ×OPDN]HUHYH\DEDüNDELULVLQLQNXOODQ×P×LoLQNXOODQ×PYH

PRQWDMN×ODYX]XQXPXKDID]DHGLQL]

$PEDODM×Do×OG×NWDQVRQUDFLKD]NRQWUROHGLOPHOLGLU%LUQDNOL\H

KDVDU×ROPDV×GXUXPXQGDFLKD]EDùODQW×V×\DS×OPDPDO×G×U

6DGHFHPRQWDMN×ODYX]XQDJ|UH\DS×OP×üX]PDQFDELUNXUPD

VD\HVLQGHNXOODQ×PJYHQOLùLJDUDQWLHGLOPLüROXU<HUOHüLP

\HULQGHVRUXQVX]oDO×üPDGDQWHVLVDWo×VRUXPOXGXU

%RùXOPDWHKOLNHVL

$PEDODMPDO]HPHOHULoRFXNODULoLQWHKOLNHOLGLUdRFXNODU×QDPEDODM

PDO]HPHOHULLOHR\QDPDODU×QDNHVLQOLNOHL]LQYHUPH\LQL]

<DUDODQPDWHKOLNHVL

■ &LKD]LoLQGHNLSDUoDODUNHVNLQNHQDUO×RODELOLU.RUX\XFX

HOGLYHQOHUNXOODQ×Q×]

<DUDODQPDWHKOLNHVL

■ &LKD]JHUHNWLùLJLELVDELWOHQPHPLüVHGüHELOLU7PVDELWOHPH

HOHPDQODU×V×N×OP×üYHJYHQOLELUüHNLOGHPRQWHHGLOPLü

ROPDO×G×U

%LOJL <HQLOHQHELOLUNRNXILOWUHOHULGüPHVRQXFXKDVDUJ|UHELOLU

+DVDUODU KHU ]DPDQ G×üDU×GDQ J|UQPH\HELOLU 'üHQ \HQLOHQHELOLU

NRNXILOWUHVLQLLPKDHGLQL]YH\HQLVLLOHGHùLüWLULQL]

.XUXOXP

0RQWDMKD]×UO×ù×

■ &LKD]×Q WDPLU GXUXPXQGD HQJHOVL] ELU HULüLP NRQXPXQGD ROPDV×

Do×V×QGDQNXUXOXPDODQ×QDHULüLPVRUXQVX]ROPDO×G×U

■ (QD] PPYHHQoRN PP|OoOHULQGHELUPHVDIH

WDYVL\HHGLOLU0HVDIHQLQDUWPDV×\ODRFDNJ|]QGHQo×NDQ

SLüLUPHEXKDUODU×Q×QWXWXOPDV×]RUODü×U

0RQWDM\]H\LQLQNRQWUROHGLOPHVL

■ 0RQWDM\]H\LG]\DWD\ROPDO×YH\HWHUOLWDü×PDNDSDVLWHVLQH

VDKLSROPDO×G×U

■ &LKD]×QPDNVDù×UO×ù× NJG×U

%LOJLOHU

■ &LKD]×Q\]H\OHULKDVVDVW×U0RQWDMV×UDV×QGDRODV×KDVDUODUGDQ

NDo×Q×Q×]

■ 'LùHUFLKD]ODU×QPHYFXWNDEORG|üHPHOHULQLGHYUHNHVLFLDODQ×

Do×V×QGDQNRQWUROHGLQL]

■ 6DELWOHPHLoLQEHWRQWDYDQDVDELWOHQPLüX\JXQELUDOWLVNHOHW

JHUHNOLGLU

■ &LKD] GRùUXGDQ DVPD WDYDQGDNL DOo×SDQ SODNDODUD YH\D EHQ]HU

KDILI\DS×PDO]HPHOHULQHPRQWHHGLOPHPHOLGLU

■ 8VXOQHX\JXQPRQWDMLoLQ\HWHULQFHVWDELOLQüDDWRUWDP×QDYH

FLKD]Dù×UO×ù×QDX\JXQELUPDO]HPHNXOODQ×OPDO×G×U

0RQWDM\]H\LQLQKD]×UODQPDV×

0RQWDM\]H\LQLQVWDELOLWHVLNHVPHoDO×üPDODU×VRQUDV×QGDGD

JDUDQWLHGLOPHOLGLU

 +DVDUJ|UPHVLQLHQJHOOHPHNLoLQRFDù×Q]HULQLNDSDW×Q×]

 7DYDQYH\D\DQGXYDUGDELUNHVLWROXüWXUXQX]5HVLP 

 .HVPHLüOHPLQGHQVRQUDWDODüODU×WHPL]OH\LQL]

&LKD]×QPRQWHHGLOPHVL

: <DUDODQPDWHKOLNHVL

&LKD]LoLQGHNLSDUoDODUNHVNLQNHQDUO×RODELOLU.RUX\XFXHOGLYHQOHU

NXOODQ×Q×]



 .DSDù×o×NDU×Q×]

%LOJL 5DNRUPRQWDMNRQXPXQDEDùO×RODUDNND\G×U×ODELOLU

5HVLP 

 5DNRUXYHJHUHNOLVDF×V|NQ]YHNRQXPXQXGHùLüWLULQL]

5HVLP 

 5DNRUXYHVDF×\HQLNRQXPODU×QDYLGDOD\×Q×] 5HVLP 

 $VPDWHUWLEDW×GX\XOXUELUELoLPGH\HULQHRWXUDQDNDGDUFLKD]×

WDPDPHQNHVLGH\HUOHüWLULQL]5HVLP 

 &LKD]PRQWDM\]H\LQHG]WHPDVHGHQHNDGDUYLGDODU×V×UD\OD

V×N×Q×]5HVLP 

%LOJL &LKD]D]DUDUYHUPHPHNLoLQYLGDODU×oRNID]ODV×NPD\×Q×]

 .RNXILOWUHVLQLQSDNHWLQLDo×Q×]5HVLP 

%LOJL .RNXILOWUHVLDù×UG×U'LNNDWOLFHNDOG×U×Q×]YHV×N×FDWXWXQX]

 .RNXILOWUHVLQLWDN×Q×]YHPHWDONROXGD\DQDNQRNWDV×QDNDGDU

NDGDUG|QGUQ]NRNXILOWUHVL\HULQHRWXUXU5HVLP 

 0HWDOEUDNHW]HULQGHNLW×UW×OO×VRPXQODU×V×N×Q×]5HVLP 

 .DSDù×FLKD]×QDOWWDUDI×QGDNLGHOLNOHUHRWXUWXQX]5HVLP 

.DSDWPDNLoLQDOWWDQNDSDùDGRùUXEDVW×U×Q×]5HVLP 

&LKD]×QV|NOPHVL

: <DUDODQPDWHKOLNHVL

&LKD]LoLQGHNLSDUoDODUNHVNLQNHQDUO×RODELOLU.RUX\XFXHOGLYHQOHU

NXOODQ×Q×]

 $oPDNLoLQDOWWDQNDSDùDGRùUXEDVW×U×Q×]

 .DSDNWXWXFXODU×Q×FLKD]×QDOWWDUDI×QGDNLGHOLNOHUGHQo×NDU×Q×]

 .RNXILOWUHVLQLV|NQ]%XV×UDGDELUHOLQL]OHNRNXILOWUHVLQLQ

DOW×QGDQWXWXQX]

%LOJL .RNXILOWUHVLDù×UG×U

 7×UW×OO×VRPXQODU×Do×Q×]YHPHWDOEUDNHWLDoDUDNNRNXILOWUHVLQL

o×NDU×Q×]5HVLP 

 9LGDODU×DUNDDUND\DGLNNDWOLFHJHYüHWLQL]YHGD\DQDNQRNWDV×QD

NDGDUV|NQ]

 %DüSDUPDù×Q×]×GHOLNOHUHNR\XQX]YH\D\JHUJLVLQL\XNDU×GRùUX

EDVW×U×Q×]5HVLP 

 &LKD]×o×NDU×Q×]

.RNXILOWUHVLUHMHQHUDV\RQX

.RNX WHPL]OHPH G]H\LQL VUHNOL \NVHN WXWPDN LoLQ ILOWUHOHU QRUPDO

NXOODQ×PGDJQGH\DNODü×NVDDW\DNODü×ND\GDELU

WD]HOHQPHOLGLU

.RNXILOWUHVLQLQUHMHQHUDV\RQXQDSL\DVDGDEXOXQDQELUI×U×QGDL]LQ

YHULOLU

: <DQPDWHKOLNHVL

.RNXILOWUHVLUHMHQHUDV\RQVRQUDV×QGDX]XQFDELUVUHV×FDNNDO×U

.RNX ILOWUHVLQH UHMHQHUDV\RQGDQ KHPHQ VRQUD GRNXQPD\×Q×] |QFH

VRùXPDV×Q×EHNOH\LQL]

6×FDNNRNXILOWUHVLQLVRùXPDV×LoLQ×V×\DGD\DQ×NO×ELUDOWO×ù×Q

]HULQHNR\XQX]

%LOJLOHU

■ .RNXILOWUHOHULLoLQGHIDUHMHQHUDV\RQ\DS×ODELOLUYHHQD]

 \×OGDELUGHùLüWLULOPHOHULJHUHNOLGLU

■ .RNXILOWUHOHULQRUPDOLüOHWLPGHJQGH\DNODü×N VDDWHQD]

 \×OGDELUGHùLüWLULOPHOLGLU

■ .RNXILOWUHVLUHMHQHUDV\RQVRQUDV×QGDX]XQFDELUVUHV×FDN

NDO×U.RNXILOWUHVLQLUHMHQHUDV\RQGDQKHPHQVRQUDGRùUXGDQ

KDVVDV\]H\OHU]HULQH\HUOHüWLUPH\LQL]|QFHVRùXPDV×Q×

EHNOH\LQL]

■ <HQLOHQHELOLUNRNXILOWUHOHULGüPHVRQXFXKDVDUJ|UHELOLU

+DVDUODUKHU]DPDQG×üDU×GDQJ|UQPH\HELOLU'üHQ

\HQLOHQHELOLUNRNXILOWUHVLQLLPKDHGLQL]YH\HQLVLLOHGHùLüWLULQL]

■ .RNXILOWUHVLSLUROL]GHYH\D&]HULQGHNLV×FDNO×NODUGD

UHMHQHUHHWPH\LQL]

■ )×U×QWHSVLVLQLoL]HELOHFHùLLoLQNRNXILOWUHVLQLUHMHQHUDV\RQ

V×UDV×QGDWHO×]JDUD\D\HUOHüWLULQL]

■ .RNXILOWUHVLQLDVODGHWHUMDQODVX\ODEXODü×NPDNLQHVLQGHYH\D

×VODNEH]OHWHPL]OHPH\LQL]

■ .RNXILOWUHVLQLQUHMHQHUDV\RQXV×UDV×QGDNRNXROXüXPX

J|UOHELOLU2GDQ×QL\LKDYDODQG×U×OG×ù×QGDQHPLQROXQX]YH

JHUHNLUVHSHQFHUH\LDo×Q×]

 $oPDNLoLQDOWWDQNDSDùDGRùUXEDVW×U×Q×]

 .RNXILOWUHVLQLV|NQ]%XV×UDGDELUHOLQL]OHNRNXILOWUHVLQLQ

DOW×QGDQWXWXQX]

%LOJL .RNXILOWUHVLDù×UG×U

 .RNXILOWUHVLQL|QFHGHQ×V×W×OP×üI×U×QGDGDNLND&GH

GRODü×PO×KDYDUHMHQHUHHGLQL]

 .RNXILOWUHVLQLVRùXPD\DE×UDN×Q×]

 .RNXILOWUHVLQLWDN×Q×]YHPHWDONROXGD\DQDNQRNWDV×QDNDGDU

NDGDUG|QGUQ]NRNXILOWUHVL\HULQHRWXUXU5HVLP 

 0HWDOEUDNHW]HULQGHNLW×UW×OO×VRPXQODU×V×N×Q×]5HVLP 

 .DSDWPDNLoLQDOWWDQNDSDùDGRùUXEDVW×U×Q×]5HVLP 

Ημπροςιυηώξνλνμρίες

: Αίεμϊδξοίαηκίρδτμηιηΰδζνξίπμνπρη

ΌηβζΪμίεφηθικθρβμΪγμίήΪηηθίκνδθάθήλμάθΘηθιθζθΰίμάΪζ

ηΪνρβμφλωικΪάβεφηθβΫίαθιΪληθιθεφαθάΪμφλωικβΫθκθζ

ΛθοκΪηωγμίκνδθάθήλμάθιθχδλιενΪμΪπββββηλμκνδπβψιθ

ζθημΪΰνήεωήΪεφηίγςίέθβλιθεφαθάΪηβωβεβήεωιίκίήΪρβ

ηθάθζνάεΪήίεφπν

ΚΪλιΪδνγμί β θλζθμκβμί ικβΫθκ Ηί ιθήδεψρΪγμί ικβΫθκ ίλεβ θη

ΫυειθάκίΰήίηάθάκίζωμκΪηλιθκμβκθάδβ

΋ίαθιΪληθλμφχδλιενΪμΪπββέΪκΪημβκνίμλωμθεφδθικβ

δάΪεβξβπβκθάΪηηθγλΫθκδίλλθΫεψήίηβίζβηλμκνδπββιθ

ζθημΪΰνΑΪΫίανικίρηθλμφξνηδπβθηβκθάΪηβωθμάίμλμάίηηθλμφ

ηίλϋμζθημϋκ

Νξίπμνπρϋςγςχϋώ

ΝιΪδθάθρηυγζΪμίκβΪεικίήλμΪάεωίμθιΪληθλμφήεωήίμίγ

ΗβδθέήΪηίιθαάθεωγμίήίμωζβέκΪμφλνιΪδθάθρηυζζΪμίκβΪεθζ

Νξίπμνπρϋροίαληοναίμηώ

■ ΗίδθμθκυίήίμΪεβάηνμκβικβΫθκΪβζίψμθλμκυίδκθζδβ

ΒλιθεφανγμίαΪσβμηυίιίκρΪμδβ

ΘιΪληθλμφμκΪάζβκθάΪηβω

■ Ώλεβ ικβΫθκ ηί αΪξβδλβκθάΪη ηΪήείΰΪσβζ θΫκΪαθζ θη ζθΰίμ

νιΪλμφΌλίχείζίημυδκίιείηβωήθεΰηυΫυμφηΪήϋΰηθ

νλμΪηθάείηυ

΢ιίζίμηδ ΙΪήίηβίζθΰίμικβάίλμβδιθάκίΰήίηβψ

κίέίηίκβκνίζυοιθέεθμβμίείγαΪιΪοθάΧμβιθάκίΰήίηβωηί

άλίέήΪάβήηυληΪκνΰβΝιΪάςβίκίέίηίκβκνίζυίιθέεθμβμίεβ

αΪιΪοθάηίθΫοθήβζθνμβεβαβκθάΪμφΪηΪβοζίλμθλμΪάβμφηθάυί

΢πρίμναιί

Ξνγβνρναιίιςπρίμναιδ

■ ΖίλμθνλμΪηθάδβήθεΰηθθλμΪάΪμφλωάλάθΫθήηθζήθλμνιί

ρμθΫυάλενρΪίλίκάβληθέθθΫλενΰβάΪηβωδικβΫθκνΫυε

θΫίλιίρίηΫίλικίιωμλμάίηηυγήθλμνι

■ ΚίδθζίηήνίμλωζβηβζΪεφηθίκΪλλμθωηβί ζζβ

ζΪδλβζΪεφηθί² ζζΙκβΫθεφςίζκΪλλμθωηββήθ

δθηξθκδβδνοθηηυίβλιΪκίηβωιθέεθσΪψμλωλμκνήθζ

Ξοναδοιίξναδοτμνπρηαπροίηαίμηώ

■ Ιθάίκοηθλμφ άλμκΪβάΪηβω ήθεΰηΪ Ϋυμφ κθάηθγ έθκβαθημΪεφηθγ

βήθεΰηΪάυήίκΰβάΪμφήθλμΪμθρηνψηΪέκναδν

■ ΖΪδλβζΪεφηυγάίλικβΫθκΪλθλμΪάεωίμ ιβ

΢ιίζίμηώ

■ ΖθΰηθείέδθιθάκίήβμφιθάίκοηθλμβικβΫθκΪΙκβνλμΪηθάδί

βαΫίέΪγμίιθάκίΰήίηβγ

■ Ικθάίκφμί θΫεΪλμφ άυκίαΪ ηΪ ηΪεβρβί ικθεθΰίηηυο δΪΫίείγ θμ

ήκνέβοικβΫθκθά

■ ΎεωξβδλΪπββμκίΫνίμλωιθήοθήωσβγδΪκδΪληΪήϋΰηθ

αΪδκίιεϋηηυγάΫίμθηηθζιίκίδκυμββ

■ ΗίζθημβκνγμίικβΫθκικωζθάέβιλθδΪκμθηηυοιεβμΪοβεβ

ιθήθΫηυοεϋέδβολμκθβμίεφηυοζΪμίκβΪεΪοιθήάίληθέθ

ιθμθεδΪ

■ ΡμθΫυνλμΪηθάβμφικβΫθκηΪήείΰΪσβζθΫκΪαθζβλιθεφανγμί

ικθρηυίζΪμίκβΪευιθήοθήωσβίήεωλμκθβμίεφηυοκΪΫθμβ

κΪλλρβμΪηηυίηΪάίλικβΫθκΪ

Ξνγβνρναιίξναδοτμνπρηαπροίηαίμηώ

ΙθλείάυιθεηίηβωκΪΫθμιθάυκίαΪηβψικθίζθάλείήνίμ

ικθάίκβμφνλμθγρβάθλμφιθάίκοηθλμβάλμκΪβάΪηβω

 ΌθβαΫίΰΪηβίιθάκίΰήίηβγηΪδκθγμίάΪκθρηνψιΪηίεφ

 ΛήίεΪγμί άυκία ά άίκοηίγ ιΪηίεβ βεβ ά Ϋθδθάθγ λμίηδί οηπ 

 ΙθλείάυιθεηίηβωάυκίαΪνήΪεβμίθιβεδβ

΢πρίμναιίξοηΰνοί

: Νξίπμνπρϋροίαληοναίμηώ

ΗίδθμθκυίήίμΪεβάηνμκβικβΫθκΪβζίψμθλμκυίδκθζδβ

ΒλιθεφανγμίαΪσβμηυίιίκρΪμδβ

 Ληβζβμίδκυςδν

΢ιίζίμηδ Ό αΪάβλβζθλμβ θμ άΪκβΪημΪ νλμΪηθάδβ ςμνπίκ ζθΰηθ

λήάβηνμφ οηπ

 Θμάβημβμίςμνπίκβηνΰηυγσβμθδβιθζίηωγμίιθεθΰίηβί

οηπ

 ΑΪδκίιβμί ςμνπίκ β σβμθδ ά ηθάθζ ιθεθΰίηββ άβημΪζβ οηπ 



 ΙθεηθλμφψάλμΪάφμίικβΫθκάάυκίαμΪδρμθΫυθη

αΪξβδλβκθάΪελωάδκίιείηβωολθλευςβζυζσίερδθζοηπ 

 ΘλμθκθΰηθαΪμωηβμίάβημυθήβηαΪήκνέβζιθδΪικβΫθκηί

ΫνήίμικβείέΪμφδιθάίκοηθλμβάλμκΪβάΪηβωαΪιθήεβπθοηπ 

΢ιίζίμηδ ΑΪμωέβάΪγμίάβημυηίλεβςδθζμνέθρμθΫυβαΫίΰΪμφ

ιθάκίΰήίηβγικβΫθκΪ

 ΚΪλιΪδνγμίιθέεθμβμίεφαΪιΪοθάοηπ 

΢ιίζίμηδ ΙθέεθμβμίεφαΪιΪοθάμωΰϋευγΘλμθκθΰηθ

ικβιθήηβζΪγμίβδκίιδθήίκΰβμίίέθ

 ΝλμΪηθάβμίιθέεθμβμίεφαΪιΪοθάβήθνιθκΪιθάίκηβμί

ζίμΪεεβρίλδνψλδθΫνήεωηΪήϋΰηθέθικβείέΪηβωιθέεθμβμίεω

αΪιΪοθάοηπ 

 ΑΪδκνμβμίέΪγδβληΪδΪμδθγηΪζίμΪεεβρίλδθγλδθΫίοηπ 

 ΗΪάίλφμί δκυςδν ρίκία θμάίκλμβω ηΪ ηβΰηίγ λμθκθηί ικβΫθκΪ

οηπ 

ΗΪήΪάβμίηΪδκυςδνληβανρμθΫυαΪδκυμφίϋοηπ 

Πμώρηδξοηΰνοί

: Νξίπμνπρϋροίαληοναίμηώ

ΗίδθμθκυίήίμΪεβάηνμκβικβΫθκΪβζίψμθλμκυίδκθζδβ

ΒλιθεφανγμίαΪσβμηυίιίκρΪμδβ

 ΗΪήΪάβμίηΪδκυςδνληβανρμθΫυθμδκυμφίϋ

 Ληβζβμί δκίιείηβω δκυςδβ ρίκία θμάίκλμβω ηΪ ηβΰηίγ λμθκθηί

ικβΫθκΪ

 ΛηβζβμίιθέεθμβμίεφαΪιΪοθάικβήίκΰβάΪωίέθαΪηβΰηψψ

ρΪλμφκνδθγ

΢ιίζίμηδ ΙθέεθμβμίεφαΪιΪοθάμωΰϋευγ

 ΘμδκνμβμίέΪγδβληΪδΪμδθγβθμδκθγμίζίμΪεεβρίλδνψλδθΫν

ρμθΫυάυηνμφιθέεθμβμίεφαΪιΪοθάοηπ 

 ΘλμθκθΰηθάυδκνρβάΪγμίάβημυθήβηαΪήκνέβζΌυάίκηβμίβο

ιθεηθλμφψ

 ΌλμΪάφμίΫθεφςβίιΪεφπυάθμάίκλμβωβάυήΪάβμίάάίκο

νλμκθγλμάθήεωλΰΪμβωικνΰβηοηπ 

 ΒαάείδβμίικβΫθκ

Οδβδμδοίυηώξνβκνρηρδκώζίξίτνα

ΡμθΫυθΫίλιίρβμφηΪήείΰΪσβγνκθάίηφηίγμκΪεβαΪπββαΪιΪοθά

ικβηθκζΪεφηθγχδλιενΪμΪπββίΰίήηίάηθικβζάμίρίηβί

 ρΪλΪηίθΫοθήβζθικβζδΪΰήυί² ζίλωπΪικθάθήβμφ

κίέίηίκΪπβψιθέεθμβμίείγαΪιΪοθά

ΎθινλδΪίμλωκίέίηίκΪπβωιθέεθμβμίεωαΪιΪοθάάθΫυρηθζ

ήνοθάθζςδΪξν

: Νξίπμνπρϋνενβί

ΙθλείκίέίηίκΪπββιθέεθμβμίεφαΪιΪοθάθλμΪϋμλωέθκωρβζά

μίρίηβί ήθεέθέθ άκίζίηβ Ηί ικβδΪλΪγμίλφ δ ιθέεθμβμίεψ αΪιΪοθά

λκΪανιθλείκίέίηίκΪπββήΪγμίίζνθλμυμφ

ΎεωθλμυάΪηβωιθεθΰβμίιθέεθμβμίεφαΪιΪοθάηΪΰΪκθικθρηνψ

ιθήλμΪάδν

΢ιίζίμηώ

■ ΌθλλμΪηθάείηβίιθέεθμβμίείγαΪιΪοθάζθΰηθικθάθήβμφήθ

μκβήπΪμβκΪαΪβοαΪζίηνλείήνίμικθβαάθήβμφηίκίΰίρίζ

κΪαάήίλωμφείμ

■ ΙκβηθκζΪεφηθγχδλιενΪμΪπββίΰίήηίάηθικβζάμίρίηβί

 ρΪλΪ ιθέεθμβμίεβ αΪιΪοθά ιθήείΰΪμ αΪζίηί ηί κίΰί ρίζ κΪα

άήίλωμφείμ

■ ΙθλείάθλλμΪηθάείηβωιθέεθμβμίεφαΪιΪοθάθλμΪϋμλωέθκωρβζά

μίρίηβίήθεέθέθάκίζίηβΗίδεΪήβμίιθέεθμβμίεφαΪιΪοθά

λκΪανιθλείάθλλμΪηθάείηβωηΪείέδθιθάκίΰήΪίζυί

ιθάίκοηθλμβήΪγμίίζνληΪρΪεΪήθλμΪμθρηθθλμυμφ

■ ΙΪήίηβίζθΰίμικβάίλμβδιθάκίΰήίηβψκίέίηίκβκνίζυο

ιθέεθμβμίείγαΪιΪοθάΧμβιθάκίΰήίηβωηίάλίέήΪάβήηυ

ληΪκνΰβΝιΪάςβίκίέίηίκβκνίζυίιθέεθμβμίεβαΪιΪοθά

ηίθΫοθήβζθνμβεβαβκθάΪμφΪηΪβοζίλμθλμΪάβμφηθάυί

■ ΗίικθβαάθήβμίκίέίηίκΪπβψιθέεθμβμίεωαΪιΪοθάάκίΰβζί

ιβκθεβμβρίλδθγλΪζθθρβλμδββεβικβμίζιίκΪμνκίΫθείί

&

■ ΎεωικθπίλλΪκίέίηίκΪπββιθεθΰβμίιθέεθμβμίεφαΪιΪοθάηΪ

κίςϋμδνμδθηζθΰίμιθπΪκΪιΪμφικθμβάηβ

■ ΗβδθέήΪ ηί θρβσΪγμί ιθέεθμβμίεφ αΪιΪοθά λ ιθζθσφψ ρβλμωσβο

λκίήλμάάθήυάιθλνήθζθίρηθγζΪςβηίβεβάεΪΰηθγμκωιδθγ

■ ΙκβκίέίηίκΪπββιθέεθμβμίεωαΪιΪοθάάθαζθΰηθιθωάείηβί

αΪιΪοΪΝΫίήβμίλφρμθιθζίσίηβίοθκθςθικθάίμκίηθβ

θμδκθγμίικβηίθΫοθήβζθλμβθδηθ

 ΗΪήΪάβμίηΪδκυςδνληβανρμθΫυθμδκυμφίϋ

 ΛηβζβμίιθέεθμβμίεφαΪιΪοθάικβήίκΰβάΪωίέθαΪηβΰηψψ

ρΪλμφκνδθγ

΢ιίζίμηδ ΙθέεθμβμίεφαΪιΪοθάμωΰϋευγ

 ΙκθβαάθήβμίκίέίηίκΪπβψιθέεθμβμίεωαΪιΪοθάά

ικίήάΪκβμίεφηθκΪαθέκίμθζήνοθάθζςδΪξνάκίΰβζί

πβκδνεωπββάθαήνοΪικβμίζιίκΪμνκί &άμίρίηβί

 ζβηνμ

 ΎΪγμίιθέεθμβμίεψαΪιΪοθάθλμυμφ

 ΝλμΪηθάβμίιθέεθμβμίεφαΪιΪοθάβήθνιθκΪιθάίκηβμί

ζίμΪεεβρίλδνψλδθΫνήεωηΪήϋΰηθέθικβείέΪηβωιθέεθμβμίεω

αΪιΪοθάοηπ 

 ΑΪδκνμβμίέΪγδβληΪδΪμδθγηΪζίμΪεεβρίλδθγλδθΫίοηπ 

 ΗΪήΪάβμίηΪδκυςδνληβανρμθΫυαΪδκυμφίϋοηπ 

3DLJDOGXVMXKHQG

: 2OXOLVHGRKXWXVQ}XGHG

/XJHJHNDVXWXVMXKHQGKRROLNDOWOlEL6HOOHVWOHLDWHYDMDOLNXWHDEH

VHDGPHRKXWXNVMD}LJHNVNlVLWVHPLVHNV+RLGNHNDVXWXVMD

SDLJDOGXVMXKHQGDOOHVKLOLVHPDNVNDVXWDPLVHNVY}LVHDGPH

MlUJPLVWHRPDQLNHWDUYLV

.RQWUROOLJHVHDGHSlUDVWSDNHQGLHHPDOGDPLVWOH7UDQVSRUGLO

WHNNLQXGYLJDVWXVWHWXYDVWDPLVHNRUUDOlUJHKHQGDJHVHDGHW

YRROXY}UNX

7XUYDOLQHNDVXWDPLQHRQWDJDWXGDLQXOWVLLVNXLSDLJDOGDPLQH

WRLPXEYDVWDYDOWSDLJDOGXVMXKHQGLOH3DLJDOGDWXGVHDGPHYHDWX

W||HHVWYDVWXWDESDLJDOGDMD

/lPEXPLVRKW

3DNNHPDWHUMDORQODVWHOHRKWOLN/DVWHOHLWRKLNXQDJLOXEDGD

SDNNHPDWHUMDOLJDPlQJLGD

9LJDVWXVWHRKW

■ 6HDGPHVLVHGHWDLOLGY}LYDGROODWHUDYDWHVHUYDGHJD.DQGNH

NDLWVHNLQGDLG

9LJDVWXVWHRKW

■ 6HDGHPLVHLROHQ}XHWHNRKDVHOWNLQQLWDWXGY}LEDOODNXNNXGD

.}LNNLQQLWXVGHWDLOLGSHDYDGROHPDNLQGODOWMDRKXWXOW

SDLJDOGDWXG

0lUNXV 5HJHQHUHHULWDYDG O}KQDILOWULG Y}LYDG DOODNXNNXPLVH NRUUDO

NDKMXVWDGDVDDGD.DKMXVWXVHGHLSUXXJLDODWLROODYlOMDVSRROW

PlUJDWDYDG$OODNXNNXQXGUHJHQHUHHULWDYDGO}KQDILOWULG

N}UYDOGDJHMDDVHQGDJHXXWHJD

3DLJDOGDPLQH

3DLJDOGDPLVHHWWHYDOPLVWDPLQH

■ 3DLJDOGXVNRKWSHDEROHPDWDNLVWXVWHWDOLJLSllVHWDYHW

VHDGPHOH ROHNV YDMDGXVH NRUUDO Y}LPDOLN YDEDOW MXXUGH SllVHGD

■ 6RRYLWDY YDKHNDXJXV RQ PLQLPDDOVHOW  PP MD PDNVLPDDOVHOW

 PP .||JLDXUX RQ VHGD UDVNHP NLQQL SGD PLGD VXXUHP

RQYDKHNDXJXVNHHGXDODQL

3LQQDNRQWUROOLPLQH

■ 3LQGSHDEROHPDKHWDVDQHORRGLVMDSLLVDYDOWVWDELLOQH

■ 6HDGPHPDNVLPDDOQHNDDORQ NJ

0lUNXVHG

■ 6HDGPH SLQG RQ WXQGOLN3DLJDOGDPLVHO ROJH HWWHYDDWOLN HW YlOWLGD

SLQQDNDKMXVWDPLVW

■ .RQWUROOLJHHWYlOMDO}LNHWHJHPLVHSLLUNRQQDVHLROHWHLVWH

VHDGPHWHMXKWPHLG

■ .LQQLWDPLVHNVOlKHEYDMDVRELYDWDOXVUDDPLPLVRQNLQGODOW

EHWRRQODHNOJHNLQQLWDWXG

■ bUJHSDLJDOGDJHVHDGHWRWVHULSSODHNLSVSODDGLY}LPXX

NHUJPDWHUMDOLNOJH

■ 1}XHWHNRKDVHNVSDLJDOGDPLVHNVWXOHENDVXWDGDSLLVDYDOW

VWDELLOVHWPDWHUMDOLPLVVRELEHKLWXVWHKQLOLVWHWLQJLPXVWHMD

VHDGPHNDDOXJD

3LQQDHWWHYDOPLVWDPLQH

3LQQDVWDELLOVXVSHDEROHPDWDJDWXGNDSlUDVWYlOMDO}LJHWH

WHJHPLVW

 .DWNHSOLLGLSODDWNLQQLHWYlOWLGDNDKMXVWXVL

 7HKNHODNNHY}LNOJVHLQDYlOMDO}LJHMRRQLV 

 3lUDVWYlOMDO}LJHWHWHJHPLVWHHPDOGDJHODDVWXGMDVDHSXUX

6HDGPHNRNNXSDQHN

: 9LJDVWXVWHRKW

6HDGPHVLVHGHWDLOLGY}LYDGROODWHUDYDWHVHUYDGHJD.DQGNH

NDLWVHNLQGDLG

 (HPDOGDJHNDWH

0lUNXV 7XWVLVDDEDVXNRKDVWROHQHYDOWQLKXWDGD MRRQLV 

 .UXYLJHPDKDWXWVMDYDMDPLQHYSOHNNQLQJYDKHWDJHDVXNRKWD

MRRQLV 

 .UXYLJHWXWVMDSOHNNXXGHDVXNRKWD MRRQLV 

 $VHWDJHVHDGHWlLHOLNXOWYlOMDO}LNHVVHNXQLNLQQLWLGNXXOGDYDOW

NRKDOHILNVHHUXYDGMRRQLV 



 3LQJXWDJHN}LNNUXYLGNVWHLVHMlUHOHWWHYDDWOLNXOWNLQQLNXQL

VHDGHRQSLQQDJDKHWDVDMRRQLV 

0lUNXV bUJHSLQJXWDJHNUXYLVLGNLQQLOLLJDWXJHYDVWLHWVHDGHW

PLWWHNDKMXVWDGD

 9}WNHO}KQDILOWHUSDNHQGLVWYlOMDMRRQLV 

0lUNXV /}KQDILOWHURQUDVNH7}VWNHHWWHYDDWOLNXOWMDKRLGNH

WXJHYDVWLNLQQL

 3DLJDOGDJHO}KQDILOWHUMDNHHUDNHPHWDOOWXJHVLGNXQLSLLULNXQLHW

O}KQDILOWHUROHNVNLQGODOWNLQQLMRRQLV 

 .HHUDNHNLQQLPHWDOOWRHULKYHOGDWXGPXWULGMRRQLV 

 .LQQLWDJHNDWHVHDGPHS}KMDDYDGHVVHMRRQLV 

.DWWHVXOJHPLVHNVVXUXJHDOWYDVWXNDWHWMRRQLV 

6HDGPHODKWLY}WPLQH

: 9LJDVWXVWHRKW

6HDGPHVLVHGHWDLOLGY}LYDGROODWHUDYDWHVHUYDGHJD.DQGNH

NDLWVHNLQGDLG

 .DWWHDYDPLVHNVVXUXJHDOWYDVWXNDWHW

 9}WNHNDWWHNLQQLWLGVHDGPHS}KMDDYDGHVWYlOMD

 (HPDOGDJHO}KQDILOWHU6HHMXXUHVWRHWDJHO}KQDILOWULWKHNlHJD

DOW

0lUNXV /}KQDILOWHURQUDVNH

 .HHUDNHULKYHOGDWXGPXWULGODKWLMDDYDJHPHWDOOWRHGHW

O}KQDILOWULWYlOMDY}WWDMRRQLV 

 .HHUDNHNUXYLGNVWHLVHMlUHOHWWHYDDWOLNXOWODKWLMDNHHUDNHNXQL

SLLULNXQLYlOMD

 9LLJHS|LGODGDYDGHVVHMDVXUXJHYHGUXSLQJXWLOHVMRRQLV 

 (HPDOGDJHVHDGH

/}KQDILOWULUHJHQHUHHULPLQH

/}KQDGH W}KXVD HHPDOGDPLVH WDJDPLVHNV WXOHE ILOWUHLG WDYDUHçLLPLO

NDVXWDPLVHNRUUDOLJDSlHYXPEHVWXQGLJDNXXWDJDQW

UHJHQHUHHULGD

/}KQDILOWULWRQOXEDWXGUHJHQHUHHULGDVWDQGDUGVHVDKMXV

: 3}OHWXVRKW

/}KQDILOWHURQSlUDVWUHJHQHUHHULPLVWSLNNDDHJDNXXPbUJH

SXXGXWDJHO}KQDILOWULWYDKHWXOWSlUDVWUHJHQHUHHULPLVWYDLGODVNH

VHOOHON}LJHSHDOWSLLVDYDOWMDKWXGD

.XXPO}KQDILOWHUDVHWDJHMDKWXPLVHNVNXXPXVNLQGODOHDOXVHOH

0lUNXVHG

■ /}KQDILOWUHLGVDDEUHJHQHUHHULGDNXQLNRUGDMDQHLGWXOHE

YDKHWDGDYlKHPDOWDDVWDWDJDQW

■ /}KQDILOWUHLGWXOHEWDYDUHçLLPLONDVXWDPLVHNRUUDOLJDSlHY

XPEHVWXQGYDKHWDGDYlKHPDOWLJDDDVWDMlUHO

■ /}KQDILOWHURQSlUDVWUHJHQHUHHULPLVWSLNNDDHJDNXXPbUJH

DVHWDJHO}KQDILOWULWYDKHWXOWSlUDVWUHJHQHUHHULPLVWWXQGOLNXOH

SLQQDOHYDLGODVNHVHOOHON}LJHSHDOWSLLVDYDOWMDKWXGD

■ 5HJHQHUHHULWDYDGO}KQDILOWULGY}LYDGDOODNXNNXPLVHNRUUDO

NDKMXVWDGDVDDGD.DKMXVWXVHGHLSUXXJLDODWLROODYlOMDVSRROW

PlUJDWDYDG$OODNXNNXQXGUHJHQHUHHULWDYDGO}KQDILOWULG

N}UYDOGDJHMDDVHQGDJHXXWHJD

■ /}KQDILOWUHLGHLWRKLUHJHQHUHHULGDSUROVLJDY}LWXQGXYDOW

N}UJHPDOWHPSHUDWXXULONXL&

■ 5HJHQHUHHULPLVHNVDVHWDJHO}KQDILOWHUUHVWLOHNXQD

NSVHWXVSODDGLGY}LYDGNULLPXVWDGDVDDGD

■ /}KQDILOWULWHSXKDVWDPLVHNVlUJHNDVXWDJHSXKDVWXVYDKHQGHLG

YHWWQ}XGHSHVXPDVLQDWHJDPlUJDODSSL

■ /}KQDILOWULUHJHQHUHHULPLVHOY}LEHUDOGXGDO}KQD9HHQGXJHHW

UXXPRQKHDYHQWLODWVLRRQLJDMDYDMDGXVHNRUUDODYDJHDNHQ

 .DWWHDYDPLVHNVVXUXJHDOWYDVWXNDWHW

 (HPDOGDJHO}KQDILOWHU6HHMXXUHVWRHWDJHO}KQDILOWULWKHNlHJD

DOW

0lUNXV /}KQDILOWHURQUDVNH

 .XXPXWDJHO}KQDILOWULWHHOVRRMHQGDWXGDKMXV&MXXUHV

ULQJOHYD}KXUHçLLP PLQXWLW

 /DVNHO}KQDILOWULOMDKWXGD

 3DLJDOGDJHO}KQDILOWHUMDNHHUDNHPHWDOOWXJHVLGNXQLSLLULNXQLHW

O}KQDILOWHUROHNVNLQGODOWNLQQLMRRQLV 

 .HHUDNHNLQQLPHWDOOWRHULKYHOGDWXGPXWULGMRRQLV 

 .DWWHVXOJHPLVHNVVXUXJHDOWYDVWXNDWHWMRRQLV 

0RQWDYLPRLQVWUXNFLMD

: 6YDUEŠVVDXJRVQXURG\PDL

$WLGçLDLSHUVNDLW\NLWHåLĉLQVWUXNFLMĉ7LNWDGDJDOėVLWHVDXJLDLLU

WLQNDPDLQDXGRWLVSULHWDLVX,åVDXJRNLWHQDXGRMLPRLUPRQWDYLPR

LQVWUXNFLMĉNDGJDOėWXPėWHYėOLDXSDVLQDXGRWLDUEDSHUGXRWL

QDXMDPVDYLQLQNXL

,åSDNXRNLWH SULHWDLVĉ LU Mĭ SDWLNULQNLWH -HL WUDQVSRUWXRMDQW SULHWDLVDV

EXYRSDçHLVWDVMRQHSULMXQNLWH

3ULHWDLVDVVDXJLDLQDXGRMLPDVWLNWXRPHWMHLMLVWLQNDPDL

VXPRQWXRWDVODLNDQWLVPRQWDYLPRLQVWUXNFLMRVĬUHQJLPRGDUEXV

DWOLHNDQWLVDVPXRDWVDNLQJDVXçQHSULHNDLåWLQJĉYHLNLPĉVWDW\PR

YLHWRMH

.\ODSDYRMXVXçGXVWL

3DNXRWėSDYRMLQJDYDLNDPV1LHNXRPHWQHOHLVNLWHçDLVWLYDLNDPV

VXSDNXRWėVPHGçLDJRPLV

3DYRMXVVXVLçHLVWL

■ 3ULHWDLVRYLGXMHHVDQĀLRVNRQVWUXNFLQėVGDO\VJDOLEŠWLDåWULRV

0ŠYėNLWHDSVDXJLQHVSLUåWLQHV

3DYRMXVVXVLçHLVWL

■ -HLSULHWDLVDVSULWYLUWLQWDVQHWLQNDPDLMLVJDOLQXNULVWL9LVL

WYLUWLQLPRHOHPHQWDLWXULEŠWLWYLUWDLLUVDXJLDLSULYHUçWL

3DVWDED 1XNULWXVDWQDXMLQDPLHPVNYDSŨILOWUDPVMLHJDOLVXJHVWL

3DçHLGLPDLLåLåRUėV\UDQHYLVDGDPDWRPL1XNULWXVLXV

DWQDXMLQDPXVNYDSŨILOWUXVXWLOL]XRNLWHLUSDNHLVNLWHQDXMDLV

ĬUHQJLPDV

3DVLUXRåLPDVPRQWXRWL

■ 3ULHPRQWDYLPRYLHWRVWXULEŠWLQHVXGėWLQJDSULHLWLNDGSULUHLNXV

UHPRQWXRWLSULHWDLVDVEŠWŨOHQJYDLSDVLHNLDPDV

■ 5HNRPHQGXRMDPDVPDçLDXVLDVDWVWXPDV\UD PPR

GLGçLDXVLDV PP-HLJXDWVWXPDVLNLNDLWYLHWėVGLGHVQLV

PDLVWRUXRåLPRPHWXVXVLGDUDQW\VJDUDLVXQNLDXVXUHQNDPL

ĬPRQWDYLPRSDYLUåLDXVWLNULQLPDV

■ ĬPRQWDYLPRSDYLUåLXVWXULEŠWLO\JXVKRUL]RQWDOXVLUWLQNDPDV

SODQXRMDPDLDSNURYDL

■ 0DNVSULHWDLVRVYRULV\UD NJ

3DVWDERV

■ 3ULHWDLVRSDYLUåLDLOHQJYDLSDçHLGçLDPL0RQWXRGDPLSULHWDLVĉ

VWHQNLWėVMRQHSDçHLVWL

■ 3DWLNULQNLWHLåSMDXWĉVULWĭNDEHOLXLWLHVWLQXRNLWŨSULHWDLVŨ

■ 1RULQWSULWYLUWLQWLJDUŨULQNWXYĉUHLNLDQDXGRWLWLQNDPĉDSDWLQĭ

UėPĉNXULVWYLUWDLXçILNVXRWDVEHWRQLQėVHOXERVH

■ /XEŨYHQWLOLDFLMRVQHJDOLPDPRQWXRWLWLHVLDLĭNDEDPŨMŨOXEŨ

JLSVNDUWRQLRSORNåWHVDUSDQDåLDVOHQJYRVNRQVWUXNFLMRV

PHGçLDJDV

■ 1RUėGDPL SULPRQWXRWL WLQNDPDL QDXGRNLWH SDNDQNDPDL VWDELOLDV

VWDW\EŨVĉO\JRPVLUSULHWDLVRVYRULXLSULWDLN\WDVPHGçLDJDV

ĬPRQWDYLPRSDYLUåLDXVSDUXRåLPDV

ĬPRQWDYLPRSDYLUåLXVWXULOLNWLVWDELOXVLUEDLJXVMĭSMDXVW\WL

 .DGQHVXJDGLQWXPėWHNDLWOHQWėVMĉXçGHQNLWH

 /XERVHDUEDåRQLQėMHVLHQRMHLåSMDXNLWHDQJĉSDY

 %DLJęSMDXVW\WLSDåDOLQNLWHSMXYHQDV

3ULHWDLVRPRQWDYLPDV

: 3DYRMXVVXVLçHLVWL

3ULHWDLVRYLGXMHHVDQĀLRVNRQVWUXNFLQėVGDO\VJDOLEŠWLDåWULRV

0ŠYėNLWHDSVDXJLQHVSLUåWLQHV

 ,åLPNLWHGDQJWHOĭ

3DVWDED $WYDP]Gĭ JDOLPD SHUVWDW\WL SDJDO ĭPRQWDYLPR SDGėWĭ

SDY

 $WVXNLWHDWYDP]GĭLUUHLNDOLQJĉSORNåWHOęLUSDNHLVNLWHSDGėWĭ

SDY

 $WYDP]GĭLUSORNåWHOęSULVXNLWHQDXMRMHSDGėW\MH SDY

 3ULHWDLVĉVWXPNLWHĭLåSMDXWĉDQJĉNROLåJLUVLWHNDGXçVLILNVDYR

ODLNLNOLDLSDY

 9DUçWXVYLHQĉSRNLWRSULYHUçNLWHSRYLHQĉNROSULHWDLVDVVDYR

SDYLUåLXPLSULJOXVSULHĭPRQWDYLPRSDYLUåLDXVSDY

3DVWDED 9DUçWŨQHSULYHUçNLWHODEDLVWLSULDLNDG

QHVXJDGLQWXPėWHSULHWDLVR

 ,åSDNXRNLWHNYDSŨILOWUĉSDY

3DVWDED .YDSŨILOWUDVVXQNXV$WVDUJLDLSDNHONLWHLUWYLUWDL

ODLN\NLWH

 ĬVWDW\NLWHNYDSŨILOWUĉRPHWDOLQęDSNDEĉVXNLWHNROXçVLILNVXRV

NDGNYDSŨILOWUDVVDXJLDLSULVLVSDXVWŨSDY

Page is loading ...

Bosch DIZ0JC5D0 Installation guide

Brand: Bosch

Model: DIZ0JC5D0

Type: Installation guide

This manual is also suitable for

DIZ0JC2D0

Download PDF

report

Bosch DIZ0JC5D0 Installation guide

This manual is also suitable for

Bosch DIZ0JC5D0 Installation guide

Related papers

Other documents