HKP110150F/35

Bosch HKP110150F/35, HKP110120, HKP110120/01, HKP110120/02, HKP110120/03, HKP110120/35, HKP110150F/01, HKP110150F/02, HKP110150F/03, Midi oven User manual

  • Hello! I am an AI chatbot trained to assist you with the Bosch HKP110150F/35 User manual. I’ve already reviewed the document and can help you find the information you need or explain it in simple terms. Just ask your questions, and providing more details will help me assist you more effectively!
<US> ,VMMBONBL˦MBWV[V  <FO> *OTUSVDUJPONBOVBM 
MIDI fırın
MIDI oven
+.3)
3
EEE Yönetmeliǧine Uygundur. PCB içermez.
ô İçindekiler
[tr]Kullanma kιlavuzu
gQHPOLJYHQOLNX\DU×ODU× 
)BTBSOFEFOMFSJ
<HUOHüWLULOPHVLYHEDùODQPDV×
<HQLI×U×Q×Q×]
,VNBOEBC¶M¼N¼ 
'POLTJZPOTF§NFE¼ßNFTJ
4ñDBLMñLTF§NFE¼ßNFTJ
BMBSN 
%¶OFSğJğGPOLTJZPOUVğV¶[FMEPOBOñN 
"LTFTVBS 
ĮONNXOODQ×PGDQ|QFH
'ñSñOñOñTñUñMNBTñ
"LTFTVBSñOUFNJ[MFONFTJ 
)×U×QD\DU× 
*TñUNBU¼S¼WFTñDBLMñL
4¼SF
%¶OFSğJğLVMMBOñNñ¶[FMEPOBOñN
%DN×PYH7HPL]OLN 
5FNJ[MFNFNBEEFMFSJ
%LUDU×]DKDOLQGH\DS×OPDV×JHUHNHQLüOHPOHU 
)BTBSUBCMPTV 
0üWHUL+L]PHWOHUL 
&mOVNBSBTñWF'%mOVNBSBTñ
(QHUMLYHoHYUHLoLQ|QHULOHU 
&OFSKJUBTBSSVGV
FWSFLVSBMMBSñOBVZHVOğFLJMEFJNIBFEJMNFTJ
6L]LQLoLQNHQGLPXWIDù×P×]GDWHVWHGLOPLüWLU
5BCMPMBS 
&UL¼NFTIBZWBOñCBMñL 
*×GDPDGGHOHULQGHNLDNULODPLG
*DUDQWL
: Önemli güvenlik uyarıları
#VLñMBWV[VEJLLBUMJDFPLVZVOV["ODBLCV
ğFLJMEFDJIB[ñH¼WFOMJWFEPßSVCJSCJ§JNEF
LVMMBONBOñ[N¼NL¼OPMBDBLUñS%BIBTPOSB
LVMMBOñMNBL¼[FSFWFZBCBğLBCJSJTJOJO
LVMMBOñNñJ§JOLVMMBOñNLñMBWV[VOVNVIBGB[B
FEJOJ[
"NCBMBKñB§ñMEñLUBOTPOSBDJIB[LPOUSPM
FEJMNFMJEJS#JSOBLMJZFIBTBSñPMNBTñ
EVSVNVOEBDJIB[CBßMBOUñTñZBQñMNBNBMñEñS
4BEFDFFßJUJNMJCJSV[NBOTPLFUPMNBEBO
DJIB[MBSñOCBßMBOUñTñOñZBQBCJMJS:BOMñğ
CBßMBOUñOFEFOJZMFIBTBSPSUBZB§ñLNBTñ
EVSVNVOEBDJIB[HBSBOUJLBQTBNñEñğñOEB
LBMñS
#VDJIB[TBEFDFFWEFWFFWPSUBNñOEB
LVMMBOñMNBL J§JO UBTBSMBONñğUñS $JIB[ñ TBEFDF
ZJZFDFLWFJ§FDFLIB[ñSMBNBLJ§JOLVMMBOñOñ[
$JIB[§BMñğñSLFOEJLLBUMJPMVOV[$JIB[ñ
TBEFDFLBQBMñBMBOMBSEBLVMMBOñOñ[
#VDJIB[IBSJDJCJS[BNBOMBZñDñWFZBV[BLUBO
LVNBOEBJMFLVMMBOñMNBL¼[FSF
UBTBSMBONBNñğUñS
#VDJIB[ZBğñOEBOL¼§¼L§PDVLMBSTñOñSMñ
GJ[JLTFM[JIJOTFMWFEVZHVTBMZFUFOFLMFSF
TBIJQ LJğJMFS WF FLTJL UFDS¼CF WFZB CJMHJ TBIJCJ
LJğJMFSUBSBGñOEBOBODBLTPSVNMVCJSLJğJOJO
EFOFUJNJBMUñOEBPMNBMBSñWFZBLFOEJMFSJOF
DJIB[ñOH¼WFOMJLVMMBOñNñWFPSUBZB
§ñLBCJMFDFLUFIMJLFMFSIBLLñOEBCJMHJWFSJMNJğ
PMNBTñEVSVNVOEBLVMMBOñMBCJMJS
PDVLMBSDJIB[MBPZOBNBNBMñEñS5FNJ[MJLWF
LVMMBOñDñCBLñNñ§PDVLMBSUBSBGñOEBO
ZBQñMBNB[ BODBL ZBğñOEBO C¼Z¼L §PDVLMBS
EFOFUJNBMUñOEBZBQBCJMJS
ZBğñOEBOL¼§¼L§PDVLMBSñDJIB[EBOWF
CBßMBOUñLBCMPTVOEBOV[BLUVUVOV[
<DQJ×QWHKOLNHVL
1JğJSNF BMBOñOEB CFLMFUJMFO ZBOñDñ OFTOFMFS
UVUVğBCJMJS:BOñDñOFTOFMFSJLFTJOMJLMF
QJğJSNFBMBOñOEBNVIBGB[BFUNFZJOJ[
$JIB[EBOEVNBOHFMJZPSTBLFTJOMJLMF
LBQñTñOñB§NBZñOñ[$JIB[ñLBQBUñOñ[WF
FMFLUSJLGJğJOJ§FLJOJ[WFZBTJHPSUB
LVUVTVOEBOTJHPSUBZñLBQBUñOñ[
Yangın tehlikesi!
$JIB[§PLTñDBL$JIB[ñO¼TU¼O¼LFTJOMJLMF
OFTOFMFSJLPZNBLJ§JOLVMMBONBZñOñ[
Yangın tehlikesi!
$JIB[LBQñTñOñOB§ñMNBTñTñSBTñOEBCJSIBWB
BLñNñPSUBZB§ñLBS1JğJSNFLBßñEññTñUNB
FMFNBOMBSñOBUFNBTFEFCJMJSWFUVUVğBCJMJS
OñTñUNBTñSBTñOEBQJğJSNFLBßñEñOñ
LFTJOMJLMFBLTFTVBSñO¼[FSJOFSBTUHFMF
LPZNBZñOñ[1JğJSNFLBßñEñOñO¼[FSJOF
EBJNBCJSLBQWFZBLFLLBMñCñLPZVOV[
4BEFDF HFSFLMJ BMBOB QJğJSNF LBßñEñ TFSJOJ[
1JğJSNFLBßñEñBLTFTVBSñO¼[FSJOEF
PMNBNBMñEñS
Yangın tehlikesi!
$JIB[§PLTñDBL$JIB[ñO¼[FSJOEFLJ
NJOJNVNNFTBGFIBLLñOEB ,VSVMVNWF
CBßMBOUñ C¶M¼N¼OEFLJ CJMHJMFSF EJLLBU FEJOJ[
$JIB[H¶NNFCJSNPCJMZBOñOJ§FSJTJOF
LVSVMBNB[
4
(OHNWULNoDUSPDWHKOLNHVL
6TVM¼OF BZLñSñ POBSñNMBS UFIMJLF UFğLJM FEFS
0OBSñNMBSWFIBTBSMñFMFLUSJLLBCMPMBSñOñO
EFßJğUJSJMNFTJ TBEFDF UBSBGñNñ[EBO FßJUJMNJğ
CJSN¼ğUFSJIJ[NFUMFSJUFLOJTZFOJUBSBGñOEBO
ZBQñMNBMñEñS$JIB[BSñ[BMñZTBFMFLUSJLGJğJOJ
§FLJOJ[WFZBTJHPSUBLVUVTVOEBOTJHPSUBZñ
LBQBUñOñ[.¼ğUFSJIJ[NFUMFSJOJBSBZñOñ[
Elektrik çarpma tehlikesi!
4ñDBLQBS§BMBSEBLJFMFLUSJLMJDJIB[LBCMP
J[PMBTZPOV FSJZFCJMJS &MFLUSJLMJ DJIB[ CBßMBOUñ
LBCMPMBSñOñ TñDBL QBS§BMBSMB LFTJOMJLMF UFNBT
FUUJSNFZJOJ[
Elektrik çarpması tehlikesi!
ð§FSJTñ[BOTVFMFLUSJL§BSQNBTñOBOFEFO
PMBCJMJS:¼LTFLCBTñO§MñWFZBCVIBSMñ
UFNJ[MFZJDJLVMMBOñMNBNBMñEñS
Elektrik çarpma tehlikesi!
$JIB[BOFNHJSNFTJFMFLUSJL§BSQNBTñOB
OFEFOPMBCJMJS$JIB[ñLFTJOMJLMFBğñSñ
TñDBLMñßBWFOFNFNBSV[CñSBLNBZñOñ[
$JIB[ñTBEFDFLBQBMñBMBOMBSEBLVMMBOñOñ[
Elektrik çarpma tehlikesi!
"Sñ[BMñCJSDJIB[FMFLUSJL§BSQNBTñOBOFEFO
PMBCJMJS"Sñ[BMñCJSDJIB[ñLFTJOMJLMF
B§NBZñOñ[&MFLUSJLGJğJOJ§FLJOJ[WFZB
TJHPSUBLVUVTVOEBOTJHPSUBZñLBQBUñOñ[
.¼ğUFSJIJ[NFUMFSJOJBSBZñOñ[
<DQPDWHKOLNHVL
$JIB[§PLTñDBL,FTJOMJLMFTñDBLQJğJSNF
BMBOñOñOJ§Z¼[FZMFSJOFWFZBñTñUñDñ
FMFNBOMBSBEPLVONBZñOñ[$JIB[EBJNB
TPßVNBZBCñSBLñMNBMñEñSPDVLMBSñV[BL
UVUVOV[
Yanma tehlikesi!
;$JIB[ñOZ¼[FZMFSJ§PLñTñOñS4ñDBL
Z¼[FZMFSFLFTJOMJLMFEPLVONBZñOñ[
PDVLMBSñV[BLUVUVOV[
Yanma tehlikesi!
"LTFTVBSWFZBLBQ§PLñTñOñS4ñDBL
BLTFTVBSWFZBLBQMBSñEBJNBCJSNVUGBL
FMEJWFOJZMFQJğJSNFBMBOñOEBO§ñLBSUñOñ[
Yanma tehlikesi!
"MLPMCVIBSñTñDBLQJğJSNFBMBOñOEB
UVUVğBCJMJS,FTJOMJLMFGB[MBNJLUBSEBZ¼LTFL
PSBOEBBMLPMM¼J§FDFLMFSMFZFNFLMFS
IB[ñSMBNBZñOñ[4BEFDFL¼§¼LCJSNJLUBS
Z¼LTFLPSBOEBBMLPMJ§FSFOJ§FDFL
LVMMBOñOñ[$JIB[LBQñTñOñEJLLBUMJDFB§ñOñ[
+DüODQPDWHKOLNHVL
$JIB[LBQñTñOñOB§ñMNBTñTñSBTñOEBTñDBL
CVIBS§ñLñğñPMBCJMJS$JIB[LBQñTñOñ
EJLLBUMJDFB§ñOñ[PDVLMBSñV[BLUVUVOV[
Haşlanma tehlikesi!
1JğJSNFBMBOñOEBLJTVOFEFOJZMFTñDBLTV
CVIBSñPSUBZB§ñLBCJMJS,FTJOMJLMFTñDBL
QJğJSNFBMBOñOBTVQ¼TL¼SUNFZJOJ[
<DUDODQPDWHKOLNHVL
J[JLDJIB[LBQñTñDBNñLñSñMBSBLTñ§SBZBCJMJS
$BNLB[ñZñDñLFTLJOWFZBBğñOEñSñDñUFNJ[MJL
NBEEFMFSJLVMMBONBZñOñ[
+DVDUQHGHQOHUL
'LNNDW
1JğJSNFBMBOñUBCBOñ¼[FSJOEFLJLBQBLTFTVBSGPMZPQJğJSNF
LBßñEñ1JğJSNFBMBOñUBCBOñ¼[FSJOFIFSIBOHJCJSBLTFTVBS
LPZNBZñOñ[1JğJSNFBMBOñUBCBOñOñIFSIBOHJCJSU¼SGPMZPWFZB
ZBßMñLBßñUMBLBQMBNBZñOñ[4ñDBLMñL z$OJO¼[FSJOF
BZBSMBONñğTBQJğJSNFBMBOñUBCBOñOBLBQLPZNBZñOñ[4ñDBLMñL
TñLñğNBTñ PMVğNBLUBEñS #¶ZMF CJS EVSVNEB QJğJSNF WF Lñ[BSUNB
T¼SFMFSJZBOMñğPMVSWFGñSñOñOFNBZFLBQMBNBTñ[BSBSH¶S¼S
4ñDBLQJğJSNFBMBOñOEBLJTV4ñDBLQJğJSNFBMBOñOBBTMBTV
E¶LNFZJOJ[ 4V CVIBSñ PMVğBDBLUñS 4ñDBLMñL EFßJğJNJOEFO EPMBZñ
GñSñOñOFNBZFLBQMBNBTñOEBIBTBSNFZEBOBHFMFCJMJS
/FNMJHñEBMBS,BQBMñQJğJSNFBMBOñOEBV[VOT¼SFOFNMJHñEBMBS
TBLMBNBZñOñ[&NBZF[BSBSH¶S¼S
.FZWFTVZV'ñSñOUFQTJTJOF§PLTVMVNFZWFMJLFLUFOGB[MB
EPMEVSNBZñOñ[.FZWFTVZVGñSñOUFQTJTJOEFOEBNMBZBSBL
§ñLBSUñMNBTñN¼NL¼OPMNBZBOMFLFMFSCñSBLBCJMJS.¼NL¼OTF
EFSJO¼OJWFSTBMUBWBLVMMBOñOñ[
"§ñLDJIB[LBQBßñJMFTPßVUNB1JğJSNFBMBOñOñTBEFDFLBQBMñ
TPßVNBZBCñSBLñOñ[$JIB[LBQBßñTBEFDFBSBMñLCñSBLñMTBCJMF
ZBOñOEBLJNPCJMZBZ¼[FZMFSJ[BNBOMB[BSBSH¶SFCJMJS
PLLJSMJGñSñODPOUBTñ'ñSñODPOUBTñBğñSñLJSMFONJğJTFGñSñO
LBQñTñ§BMñğñSLFOEPßSVCJSğFLJMEFLBQBONBZBDBLUñS:BOEBLJ
NPCJMZBZ¼[FZMFSJIBTBSH¶SFCJMJS'ñSñODPOUBTñOñEBJNBUFNJ[
UVUVOV[
'ñSñOLBQñTñPUVSNBZ¼[FZJPMBSBL"§ñLGñSñOLBQñTñOñO¼[FSJOF
IFSIBOHJCJSğFZLPZNBZñOWFZBPUVSNBZñOñ['ñSñOLBQñTñOB
BTñMNBZñOñ[
$JIB[ñOUBğñONBTñ$JIB[ñLBQBLLPMVOEBOUBğñNBZñOñ[WFZB
UVUNBZñOñ[,BQBLLPMVDJIB[ñOBßñSMñßñOñUBğñNB[WFLñSñMBCJMJS
5
<HUOHüWLULOPHVLYHEDùODQPDV×
5F[HBI ¼TU¼ DJIB[ TBßMBN WF E¼[ CJS [FNJOF ZFSEFO FO B[  DN
ZVLBSñEB ZFSMFğUJSJOJ[ "SLB ¼TU WF ZBO UBSBGMBSEBLJ IBWBMBOEñSNB
ZFSMFSJLBQBUñMNBNBMñEñS3FTJNEFCFMJSUJMFONJOJNVNNFTBGF
CJMHJMFSJOFVZVMNBMñEñS
: <DQJ×QWHKOLNHVL
$JIB[ñOBSLBZ¼[¼OEFLJIBWBMBOEñSNBLBOBMñ§PLñTñOñS:BOñDñ
EVWBSLBQMBNBMBSñLVNBğMBSEVWBSLBßñUMBSñWCUVUVğBCJMJS
%VWBS NBM[FNFTJ FO B[  p$ TñDBLMñßB LBEBS EBZBOñLMñ PMNBMñEñS
"ZñSñDñMBSLVMMBOñMBSBLDJIB[JMFEVWBSBSBTñOEBNFTBGF
CñSBLñMNBMñEñS
$JIB[LPSVNBTñOñGñ*FVZHVOEVSWFTBEFDFUPQSBLMBNBLBCMPTV
LVMMBOñMBSBL§BMñğUñSñMBCJMJS
$JIB[QSJ[FUBLñMNBZBIB[ñSEñSWFTBEFDFZ¶OFUNFMJLMFSFVZHVO
PMBSBLUBLñMNñğUPQSBLMñQSJ[MFSFUBLñMNBMñEñS4JHPSUBTñFOB[
 BNQFSMJLPMNBMñEñSĞFCFLFHFSJMJNJUJQMFWIBTñ¼[FSJOEFLJ
HFSJMJNFVZHVOPMNBMñEñS
1SJ[JOUBLñMNBTñWFZBCBßMBOUñLBCMPTVOVOEFßJğUJSJMNFTJJğMFNJ
TBEFDF CV LPOVEB V[NBO PMBO LJğJMFSDF ZBQñMNBMñEñS $JIB[ñO QSJ[J
EBJNBVMBğñMBCJMJSPMNBMñEñS
PLMVQSJ[CBßMBOUñE¼[FOFLMFSJWFV[BUNBLBCMPMBSñ
LVMMBONBZñOñ["ğñSñZ¼LMFONFEVSVNVOEBZBOHñOUFIMJLFTJT¶[
LPOVTVEVS
<HQLI×U×Q×Q×]
#VSBEBZFOJGñSñOñOñ[ñUBOñZBDBLTñOñ[,VNBOEBC¶M¼N¼O¼WF
§FğJUMJLVNBOEBFMFNBOMBSñOñB§ñLMñZPSV[#VSBEBQJğJSNFBMBOñOB
WFBLTFTVBSMBSBJMJğLJOCJMHJMFSJCVMBCJMJSTJOJ[
.XPDQGDE|OP
#VSBEBLVNBOEBC¶M¼N¼JMFJMHJMJCJSHFOFMCBLñğZFSBMNBLUBEñS
#V LñMBWV[ CJSEFO GB[MB NPEFM J§JO IB[ñSMBONñğUñS $JIB[ UJQJOF H¶SF
GBSLMñMñLMBSN¼NL¼OE¼S
'ùPHOHU
ĞBMUFSUVUBNBLMBSñJOEJSJMFCJMJS,POVNVOVEFßJğUJSNFLJ§JO
E¼ßNFEFTñGñSLPOVNVOBCBTUñSñOñ[
)RQNVL\RQVHoPHGùPHVL
'POLTJZPOTF§NFE¼ßNFTJJMFñTñUNBU¼S¼O¼BZBSMBZñOñ[
PLQ
FP
PLQ
FP
PLQFP
$o×NODPD
'POLTJZPOLPOUSPMMBNCBTñ
BMBSN
4ñDBLMñLTF§NFE¼ßNFTJ
5FSNPTUBULPOUSPMMBNCBTñ
%¶OFSğJğ¶[FMEPOBOñN
'POLTJZPOTF§NFE¼ßNFTJ
.RQXP .XOODQ×P×
% TU"MUñTñUNB 1BTUBTVGMFWFZBßTñ[Lñ[BSUNBMBS
J§JO¶SOFßJO TñßñSWFZBZBCBOJIBZ
WBOBZOñLBEFNFEF*Tñ¼TUUFOWF
BMUUBOFğJUPMBSBLHFMJS
( *[HBSB #JGUFLTPTJTUPTUWFZBCBMñL
QBS§BMBSñOñOLñ[BSUñMNBTñ*[HBSB
ñTñUñDñTñOñOBMUñOEBLJC¼U¼OZ¼[FZ
ñTñOñS
¸%¶OFSğJğ§BMñğNBNPEV¶[FM
EPOBOñN&UWFL¼NFTIBZWBOMBSñ
J§JO
6
6×FDNO×NVHoPHGùPHVL
4ñDBLMñLTF§NFE¼ßNFTJJMFTñDBLMñßñWFZBñ[HBSBLBEFNFTJOJ
BZBSMBZñOñ[
'ñSñOñTñOEñßñOEBUFSNPTUBULPOUSPMMBNCBTñZBOBS*TñUNBZBBSB
WFSJMEJßJOEFMBNCBT¶OFS
DODUP
"MBSNJMFT¼SFZJ EBLJLBZBLBEBSBZBSMBZBCJMJSWFGñSñOñO
PUPNBUJLPMBSBLLBQBONBTñOñTBßMBZBCJMJSTJOJ[
EFOTPOSBTPOOPLUBZBVMBğñMñS%BIBGB[MB§FWJSNFZJOJ[
'ñSñOB§ñLTBGPOLTJZPOLPOUSPMMBNCBTñZBOBS
'|QHUüLüIRQNVL\RQWXüX|]HOGRQDQ×P
#VGPOLTJZPOUVğVJMFE¶OFSğJğNPEVOVB§BCJMJSWF
LBQBUBCJMJSTJOJ[
$NVHVXDU
"LTFTVBSMBSGBSLMñZFSMFğUJSNFZ¼LTFLMJßJOEFGñSñOBT¼S¼MFCJMJS
*[HBSBMñLNBM[FNFOJOLBMñOPMNBTñEVSVNVOEBUFMñ[HBSBZñ
ZFSMFğUJSNFZ¼LTFLMJßJ ZFZFSMFğUJSJOJ[BLTJUBLUJSEFñ[HBSBZB
UFNBTFEFCJMJS
"LTFTVBSñTñOEñßñOEBEFGPSNFPMBCJMJS"LTFTVBSTPßVEVßVOEB
ğFLJMEFßJğJLMJßJLBZCPMVSWFIFSIBOHJCJSGPOLTJZPOLBZCñPMNB[
ĮONNXOODQ×PGDQ|QFH
#VSBEBGñSñOñOñ[JMFJMLLF[ZFNFLIB[ñSMBNBZBCBğMBNBEBO¶ODF
ZBQNBOñ[HFSFLFOMFSIBLLñOEBCJMHJBMBDBLTñOñ[ðMLPMBSBL
(¼WFOMJLCJMHJMFSJC¶M¼N¼O¼PLVZVOV[
)×U×Q×Q×V×W×OPDV×
:FOJLPLVOVOLBZCPMNBTñJ§JOGñSñOñCPğWFLBQBMñCJSğFLJMEF
ñTñUñOñ[#VJğMFNJ§JOJEFBMPMBOCJSTBBU¼TUBMUñTñUNBEB
%
 p$EJS1JğJSNFBMBOñOEBBNCBMBKLBMñOUñTñPMNBNBTñOBEJLLBU
FEJOJ[
'POLTJZPOTF§NFE¼ßNFTJJMF¼TUBMUñTñUNBZñ
%BZBSMBZñOñ[
4ñDBLMñLTF§NFE¼ßNFTJJMF p$ZJBZBSMBZñOñ[
"MBSNñEBLJLBZBBZBSMBZñOñ[
#JSTBBUTPOSBGñSñOLBQBOñS
$NVHVXDU×QWHPL]OHQPHVL
"LTFTVBSñJMLLF[LVMMBONBZBCBğMBNBEBO¶ODFTñDBLEFUFSKBOMñ
TVWFCJSZVNVğBLCVMBğñLCF[JJMFJZJDFUFNJ[MFZJOJ[
.RQXP $QODP×
ü 4ñGñSLPOVNV 'ñSñOTñDBLEFßJM
 4ñDBLMñLBSBMñßñ p$PMBSBLQJğJSNFBMBOñOEBLJ
TñDBLMñL
 *[HBSBLBEFNFTJ *[HBSB
(J§JOñ[HBSBLBEFNFTJ
.RQXP $QODP×
4ñGñSLPOVNV 'ñSñOLBQBMñ
"ZBSMBOBOT¼SFTJO
TPOV
"ZBSMBOBOT¼SFOJO
EPMNBTñOEBOTPOSBTJOZBMTFTJ
EVZVMVS
 4¼SF %BLJLBPMBSBLT¼SF
> .BOVFM§BMñğUñSNB 'ñSñOB§ñL
4ñDBLMñLBZBSMBOEñßñOEBGñSñO
ñTñONBZBCBğMBS
"MBSNLBQBMñ
.RQXP .XOODQ×P×
¸ %¶OFSğJğNPEV
"§ñL
&UWFL¼NFTIBZWBOMBSñJ§JO
%¶OFSğJğNPEV
,BQBMñ
hQLYHUVDOWDYD
:VNVğBLLFLMFSLFLMFSEFSJO
EPOEVSVMNVğZFNFLMFSWFC¼Z¼L
Lñ[BSUNBQBS§BMBSñJ§JO%PßSVEBOUFM
ñ[HBSBOñO¼[FSJOEFñ[HBSB
ZBQUñßñOñ[EB ZBß UPQMBNB LBCñ PMBSBL
EBLVMMBOñMBCJMJS
7HO×]JDUD
,BQMBS LFL LBMñQMBSñ Lñ[BSUNB ñ[HBSB
QBS§BMBSñWFEFSJOEPOEVSVMNVğ
ZFNFLMFSJ§JO
5FMñ[HBSBZñUVUNBLPMVZMBCJSMJLUF
GñSñOñOJ§JOFEPßSVJUJOJ[
7XWDPDN
5FMñ[HBSBZñ§ñLBSUNBLJ§JO#VOVO
J§JOUVUNBßñUFMñ[HBSBOñOUVUNB
LPMVOBUBLñOñ[
'|QHUüLü
[FMBLTFTVBS
&UWFL¼NFTIBZWBOMBSñJ§JO
7
)×U×QD\DU×
'ñSñOñOñ[ñBZBSMBNBLJ§JO§FğJUMJJNLBOMBSBTBIJQTJOJ[#VSBEBTJ[F
JTUFEJßJOJ[ñTñUNBU¼S¼O¼TñDBLMñßñWFZBñ[HBSBLBEFNFTJOJOBTñM
BZBSMBZBDBßñOñ[ñB§ñLMñZPSV[
,V×WPDWUYHV×FDNO×N
3FTJNEFLJ¶SOFL p$EF¼TUBMUñTñUNB %
'POLTJZPOE¼ßNFTJJMFñTñUNBU¼S¼O¼BZBSMBZñOñ[
4ñDBLMñLTF§NFE¼ßNFTJJMFTñDBLMñßñBZBSMBZñOñ[
"MBSNE¼ßNFTJJMFGñSñOñB§ñOñ[
>
'ñSñOñTñONBZBCBğMBS
)×U×Q×QNDSDW×OPDV×
"MBSNE¼ßNFTJOJTñGñSLPOVNVOB HFUJSJOJ[
$\DUODU×QGHùLüWLULOPHVL
ðMHJMJE¼ßNFZJLVMMBOBSBLJTUFEJßJOJ[[BNBOñTñUNBU¼S¼O¼WF
TñDBLMñßñEFßJğUJSFCJMJSTJOJ[
6UH
:FNFLMFSJOJ[JO QJğNF T¼SFTJOJ BMBSN E¼ßNFTJ JMF BZBSMBZBCJMJSTJOJ[
4¼SFOJOCJUJNJOEFGñSñOPUPNBUJLPMBSBLLBQBOñS#¶ZMFDFGñSñOñ
LBQBUNBLJ§JOEJßFSJğMFSJOJ[FBSBWFSNFL[PSVOEBLBMNB[TñOñ[
1JğJSNFT¼SFTJJTUFONFEFOBğñMNB[
3FTJNEFLJ¶SOFL4¼SF EBLJLB
'POLTJZPOE¼ßNFTJJMFñTñUNBU¼S¼O¼BZBSMBZñOñ[
4ñDBLMñLTF§NFE¼ßNFTJJMFTñDBLMñßñBZBSMBZñOñ[
"MBSN E¼ßNFTJOJ TBßB EPßSV TPOVOB LBEBS §FWJSJOJ[ EBIB GB[MB
EFßJM
#VOVOBSEñOEBOJTUFEJßJOJ[T¼SFZFHFSJHFUJSJOJ[
'ñSñO§BMñğNBZBCBğMBS
6UHGROGXùXQGD
4JOZBMTFTJEVZVMVS'ñSñOBSUñLñTñONB["MBSNTñGñSLPOVNVOEB
EVSVS4ñDBLMñLTF§NFE¼ßNFTJOJ
üLPOVNVOBHFUJSJOJ[
6UHQLQGHùLüWLULOPHVL
"MBSNE¼ßNFTJOJTBßBEPßSVTPOVOBLBEBS§FWJSJOJ[WFZFOJCJS
T¼SFZFHFUJSJOJ[
6UHQLQVLOLQPHVL
"MBSNE¼ßNFTJOJTñGñSLPOVNVOB HFUJSJOJ[
'|QHUüLüNXOODQ×P×|]HOGRQDQ×P
%¶OFSğJğJMF¶[FMMJLMFTBSñMBSBLLñ[BSUñMBOFUJWFL¼NFT
IBZWBOMBSñOñIB[ñSMBZBCJMJSTJOJ[&UFğJUPSBOEBLñ[BSñS
(WLQKD]×UODQPDV×
&UJ N¼NL¼O PMEVßVODB E¶OFS ğJğJO PSUBTñOB ZFSMFğUJSJOJ[ WF IFS JLJ
VDVOEBOUVUVDVV§MBSMBTBCJUMFZJOJ[
"ZSñDBFUJNVUGBLJQJJMFCBßMBZBCJMJSTJOJ[,¼NFTIBZWBOMBSñOEB
LBOBUMBSñOV§MBSñOñTñSUWFCVUMBSñOBMUñOEBOH¶WEFTJOFCBßMBZñOñ[
#¶ZMFDF§PLGB[MBLñ[BSNB[
,BOBUMBSñOBMUñOEBLJEFSJZJEFMJOJ[C¶ZMFDFZBßEñğBSñBLBCJMJS
'|QHUüLüLQ\HUOHüWLULOPHVL
: <DQPDWHKOLNHVL
$JIB[§PLTñDBL,FTJOMJLMFTñDBLQJğJSNFBMBOñOñOJ§Z¼[FZMFSJOF
WFZBñTñUñDñFMFNBOMBSBEPLVONBZñOñ[$JIB[EBJNBTPßVNBZB
CñSBLñMNBMñEñSPDVLMBSñV[BLUVUVOV[
8
%¶OFSğJğLVMMBOñNñJ§JOBğBßñEBLJğFLJMEFJMFSMFZJOJ[
%¶OFSğJğJTBEFDFGñSñOCF[JWFZBñTñZBLBSğñEBZBOñLMñ
FMEJWFOMFSMFZFSMFğUJSJOJ['ñSñO¶ODFEFOñTñUñMNñğTB¼OJWFSTBM
UBWBZñQJğJSNFC¶M¼N¼O¼O[FNJOJOFZFSMFğUJSJOJ[
4PMUBSBGUBLJUVUBNBßñ¼OJWFSTBMUBWBOñOEFMJLMFSJOFUBLñOñ[
%¶OFSğJğJQJğJSNFBMBOñOñOTBßEVWBSñOEBLJCBßMBOUñZFSJOF
ZFSMFğUJSJOJ[
4PMVDVOVUVUVDVOVO¼[FSJOFZFSMFğUJSJOJ[
'|QHUüLüoDO×üPDPRGXQXQDo×OPDV×
%¶OFSğJğJñ[HBSBJMFCJSMJLUFLVMMBOñOñ[
(
%¶OFSğJğ§BMñğNBNPEVJ§JOGPOLTJZPOVUVğVOV
¸LPOVNVOB
HFUJSJOJ[
%¶OFSğJğ§BMñğNBNPEVCBğMBS
'|QHUüLüoDO×üPDPRGXQXQNDSDW×OPDV×
%¶OFSğJğ§BMñğNBNPEVJ§JOGPOLTJZPOUVğVOBUFLSBSCBTñOñ[
%¶OFSğJğ§BMñğNBNPEVEVSVS
'ñSñOñLBQBUñOñ[
'|QHUüLüLQo×NDUW×OPDV×
: +DüODQPDWHKOLNHVL
$JIB[LBQñTñOñOB§ñMNBTñTñSBTñOEBTñDBLCVIBS§ñLñğñPMBCJMJS
$JIB[LBQñTñOñEJLLBUMJDFB§ñOñ[PDVLMBSñV[BLUVUVOV[
: <DQPDWHKOLNHVL
"LTFTVBS WFZB LBQ §PL ñTñOñS 4ñDBL BLTFTVBS WFZB LBQMBSñ EBJNB
CJSNVUGBLFMEJWFOJZMFQJğJSNFBMBOñOEBO§ñLBSUñOñ[
%¶OFSğJğJ§ñLBSUNBLJ§JOBğBßñEBLJğFLJMEFJMFSMFZJOJ[
$JIB[LBQñTñOñEJLLBUMJDFB§ñOñ[%¶OFSğJğJEJLLBUMJCJSğFLJMEF
¼OJWFSTBMUBWBEBLJUVUVDVEBOLBMEñSBSBL§ñLBSUñOñ[
%¶OFS ğJğJ EJLLBUMJDF ZBO EVWBSEBLJ CBßMBOUñ ZFSJOEFO §FLJOJ[ WF
§ñLBSUñOñ[
OJWFSTBMUBWBZñ§ñLBSUñOñ[
%DN×PYH7HPL]OLN
[FOMJ CBLñN WF UFNJ[MJL ZBQñMNBTñ EVSVNVOEB GñSñOñOñ[ V[VO T¼SF
§BMñğNBZBEFWBNFEFS'ñSñOñOñ[BEPßSVğFLJMEFOBTñMCBLñN
ZBQBDBßñOñ[ñWFOBTñMUFNJ[MFZFDFßJOJ[JCVSBEBB§ñLMBZBDBßñ[
: <DQPDWHKOLNHVL
$JIB[§PLTñDBL,FTJOMJLMFTñDBLQJğJSNFBMBOñOñOJ§Z¼[FZMFSJOF
WFZBñTñUñDñFMFNBOMBSBEPLVONBZñOñ[$JIB[EBJNBTPßVNBZB
CñSBLñMNBMñEñSPDVLMBSñV[BLUVUVOV[
%LOJLOHU
5FNJ[MFNFJğMFNJOEFO¶ODFGJğJQSJ[EFO§FLJOJ[
$BN NFUBM WFZB QMBTUJL HJCJ §FğJUMJ NBM[FNFMFS OFEFOJZMF GñSñOñO
¶OZ¼[¼OEFL¼§¼LSFOLGBSLMñMñLMBSñPMBCJMJS
PLZ¼LTFLTñDBLMñLMBSEBFNBZFZBOBCJMJS#VOFEFOMFL¼§¼L
SFOLGBSLMñMñLMBSñPSUBZB§ñLBCJMJS#VOPSNBMEJSWFDJIB[ñO
GPOLTJZPOMBSñ ¼[FSJOEF CJS FULJTJ ZPLUVS 5FQTJMFSJO JODF LFOBSMBSñ
UBNBNFOFNBZFPMNBNBMñEñS#VOFEFOMFTFSUMFğFCJMJS#V
TBZFEFLPSP[ZPOLPSVNBTñPMVNTV[FULJMFONF[
7HPL]OHPHPDGGHOHUL
:BOMñğUFNJ[MJLNBEEFMFSJOFEFOJZMFGBSLMñZ¼[FZMFSJO[BSBS
H¶SNFNFTJJ§JOUBCMPEBLJCJMHJMFSFEJLLBUFEJOJ[,FTLJOWFZB
BğñOEñSñDñUFNJ[MJLNBEEFMFSJ
Z¼LTFLPSBOEBBMLPMJ§FSFOUFNJ[MJLNBEEFMFSJ
TFSUPWNBT¼OHFSMFSJWFZBCVMBğñLT¼OHFSMFSJ
Z¼LTFLCBTñO§MñUFNJ[MFZJDJWFZBCVIBSQ¼TL¼SUNFNBLJOFTJ
LVMMBONBZñOñ[
5FNJ[MFNFCF[MFSJOJLVMMBONBEBO¶ODFJZJDFZñLBZñOñ[
$ODQ 7HPL]OHPHPDGGHOHUL
'ñSñOñO¶O¼ 4ñDBLEFUFSKBOMñTV
5FNJ[MJLCF[JJMFUFNJ[MFZJOJ[WFZVNVğBL
CJS CF[MF LVSVMBZñOñ[ $BN UFNJ[MFZJDJ WFZB
DBNLB[ñZñDñLVMMBONBZñOñ[
,BQBLDBNMBSñ $BNUFNJ[MFZJDJ
:VNVğBLCJSCF[MFUFNJ[MFZJOJ[$BN
LB[ñZñDñLVMMBONBZñOñ[
1JğJSNFBMBOñ 4ñDBLEFUFSKBOMñTVWFZBTJSLFMJTV
#VMBğñLCF[JJMFUFNJ[MFZJOJ[
"ğñSñ LJSMFONF EVSVNVOEB CVMBğñL UFMJ WFZB
GñSñO UFNJ[MFZJDJ LVMMBOñOñ[ 4BEFDF QJğJSNF
BMBOñTPßVLLFOLVMMBOñOñ[
$POUBZñ
§ñLBSUNBZñOñ[
4ñDBLEFUFSKBOMñTV
#VMBğñLCF[JJMFUFNJ[MFZJOJ[
0WBMBNBZñOñ[
"LTFTVBS 4ñDBLEFUFSKBOMñTV
:VNVğBUñOñ[WFCJSCVMBğñLCF[JWFZBGñS§B
JMFUFNJ[MFZJOJ[
9
%LUDU×]DKDOLQGH\DS×OPDV×JHUHNHQLüOHPOHU
0MVğBO BSñ[BMBSñO §PßV §PL CBTJU TPSVOMBSEBO LBZOBLMBONBLUBEñS
.¼ğUFSJIJ[NFUMFSJOJBSBNBEBO¶ODFUBCMPZBCBLñOñ[#FMLJEF
BSñ[BZñLFOEJOJ[HJEFSFCJMJSTJOJ[
+DVDUWDEORVX
4POV§UBONFNOVOEFßJMTFOJ[M¼UGFO 4J[JOJ§JONVUGBßñNñ[EB
EFOFEJLC¶M¼N¼OFCBLñOñ[#VSBEBZFNFßJOQJğJSJMNFTJZMFJMHJMJ
CJS§PL¶OFSJWFCJMHJCVMBCJMJSTJOJ[
: (OHNWULNoDUSPDWHKOLNHVL
6TVM¼OFBZLñSñPOBSñNMBSUFIMJLFUFğLJMFEFS0OBSñNMBSWFIBTBSMñ
FMFLUSJLLBCMPMBSñOñOEFßJğUJSJMNFTJTBEFDFUBSBGñNñ[EBOFßJUJMNJğ
CJSN¼ğUFSJIJ[NFUMFSJUFLOJTZFOJUBSBGñOEBOZBQñMNBMñEñS$JIB[
BSñ[BMñZTBFMFLUSJLGJğJOJ§FLJOJ[WFZBTJHPSUBLVUVTVOEBOTJHPSUBZñ
LBQBUñOñ[.¼ğUFSJIJ[NFUMFSJOJBSBZñOñ[
0üWHUL+L]PHWOHUL
&ßFSDJIB[ñOñ[ñOUBNJSPMNBTñHFSFLJZPSTBN¼ğUFSJIJ[NFUMFSJOF
CBğWVSVOV[5FLOJLFSJOHFSFLTJ[ZFSFHFMNFTJOJ¶OMFNFLJ§JOEF
IFS[BNBOVZHVOCJS§¶[¼NCVMVSV[
(ăQXPDUDV×YH)'ăQXPDUDV×
#J[JBSBSLFOTJ[FFOJZJğFLJMEFZBSEñNDñPMBCJMNFNJ[J§JOM¼UGFO
¼S¼O OVNBSBTñOñ &/P WF JNBMBU OVNBSBTñOñ '%/P CFMJSUJOJ[
[FSJOEFOVNBSBMBSPMBOUBOñUñNQMBLBTñOñDJIB[ñOBSLBZ¼[¼OEF
CVMBCJMJSTJOJ[(FSFLUJßJOEFGB[MBBSBNBNBOñ[J§JOCVSBZB
DJIB[ñOñ[ñOWFSJMFSJOJWFN¼ğUFSJIJ[NFUMFSJOJOUFMFGPOOVNBSBTñOñ
ZB[BCJMJSTJOJ[
:BOMñğ LVMMBOñN TPOVDV TFSWJT UFLOJTZFOJ TFSWJTJOJO HBSBOUJ T¼SFTJ
J§FSJTJOEFEF¼DSFUTJ[PMNBEñßñOñEJLLBUFBMñOñ[
,VMMBOñN¶NS¼ZñMEñSS¼O¼OGPOLTJZPOVOVZFSJOF
HFUJSFCJMNFTJJ§JOHFSFLMJZFEFLQBS§BCVMVOEVSNBT¼SFTJ
5¼N¼MLFMFSEFTJ[FFOZBLñO.¼ğUFSJ)J[NFUMFSJOJOJMFUJğJN
CJMHJMFSJOJCVSBEBWFZBFLUFLJN¼ğUFSJIJ[NFUMFSJMJTUFTJOEF
CVMBCJMJSTJOJ[
$U×]DGXUXPXQGDRQDU×PVLSDULüLYHGDQ×üPD
SFUJDJOJOV[NBOMñßñOBH¼WFOJOJ[#¶ZMFDFPOBSñNñOFWBMFUJOJ[
J§JOPSJKJOBMZFEFLQBS§BMBSBTBIJQEFOFZJNMJUFLOJLFMFNBOMBS
UBSBGñOEBOZBQñMEñßñOEBOFNJOPMVOV[
(QHUMLYHoHYUHLoLQ|QHULOHU
#VSBEBZFNFLQJğJSJSLFOWFLñ[BSUñSLFOOBTñMFOFSKJUBTBSSVGV
ZBQBCJMFDFßJOJ[WFDJIB[ñOñ[ñEPßSVUFNJ[MFNFLJ§JOHFSFLMJPMBO
CJSUBLñN¶OFSJMFSJCVMBDBLTñOñ[
(QHUMLWDVDUUXIX
&ßFSGñSñOñOñ[ñTBEFDFUBSJGUFWFZBLVMMBOñNLñMBWV[VOEBLJ
UBCMPMBSEB¶OñTñUNBZBQñMNBTñHFSFLUJßJT¶ZMFOJZPSTB¶ODFEFO
ñTñUñOñ[
,PZVSFOLMJTJZBIDJMBMñWFZBFNBZFLBQMBNBLFLLBMñQMBSñ
LVMMBOñOñ[#VU¼SLBMñQMBSGñSñOñOTñDBßñOñFOJZJğFLJMEF
EFßFSMFOEJSJS
'ñSñO LBQñTñOñ QJğJSNF WF Lñ[BSUNB CPZVODB N¼NL¼O PMEVßVODB
§PLB[B§ñOñ[
#JSEFOGB[MBQBTUBQJğJSFDFLTFOJ[QFğQFğFQJğJSNFOJ[VZHVO
PMVS'ñSñOIFO¼[TñDBLUñS#¶ZMFMJLMFGñSñOCJS¶ODFLJQBTUBEBO
EPMBZñEBIBTñDBLPMEVßVJ§JOCJSTPOSBLJQBTUBOñOQJğNFT¼SFTJ
LñTBMñSCBUPOLFLLBMñCñOñZBOZBOBEBT¼SFCJMJSTJOJ[
%BIBV[VOQJğJSNFT¼SFMFSJOEFQJğJSNFT¼SFTJCJUJNJOEFO
 EBLJLB¶ODFGñSñOñLBQBUBCJMJSWFZJZFDFßJLBMBOTñDBLMñLMB
QJğJSFCJMJSTJOJ[
dHYUHNXUDOODU×QDX\JXQüHNLOGHLPKD
HGLOPHVL
"NCBMBK NBM[FNFTJOJ §FWSF LVSBMMBSñOB VZHVO ğFLJMEF JNIB FEJOJ[
$U×]D 2ODV×QHGHQL <DUG×P8\DU×ODU
'ñSñO§BMñğNñZPS 'JğJQSJ[F
UBLñMNBNñğ
5BLñOñ[
&MFLUSJLLFTJOUJTJ .VUGBLMBNCBTñOñOWFZB
EJßFSNVUGBLDJIB[MBSñOñO
§BMñğñQ§BMñğNBEñßñOñLPOUSPM
FEJOJ[
'ñSñOTñDBLEFßJM 5FNBT
OPLUBMBSñOEBUP[
WBS
,VNBOEBQBOFMJOEFLJ
E¼ßNFMFSJCJSLB§LF[
§FWJSJOJ[
$U×]D 2ODV×QHGHQL <DUG×P8\DU×ODU
(ă1R )'1R
0üWHULKL]PHWOHUL
O
5FM  ¼DSFUTJ[
5FM 1CY ¼DSFUMJ
#VDJIB[¶NS¼O¼EPMEVSNVğFMFLUSJLMJWFFMFLUSPOJL
DJIB[MBSJMFJMHJMJ"WSVQBZ¶OFUNFMJßJ&(࣐ZF
XBTUFFMFDUSJDBMBOEFMFDUSPOJDFRVJQNFOU࣊8&&&
VZHVOğFLJMEFJğBSFUMFONJğUJS
#VZ¶OFUNFMJLFTLJDJIB[MBSñOHFSJBMñNñWF
EFßFSMFOEJSJMNFTJJMFJMHJMJ"#§BQñOEBLJVZHVMBNBMBSñO
§FS§FWFTJOJCFMJSUNFLUFEJS
10
6L]LQLoLQNHQGLPXWIDù×P×]GDWHVWHGLOPLüWLU
#VSBEB CB[ñ ZFNFLMFS WF CV ZFNFLMFS J§JO FO VZHVO PMBO BZBSMBS
TVOVMNVğUVS#VSBEBTJ[MFSFZFNFßJOJ[J§JOIBOHJñTñUNBU¼S¼O¼O
WF TñDBLMñßñO VZHVO PMEVßVOV H¶TUFSFDFßJ[ 6ZHVO BLTFTVBSMBS WF
IBOHJZ¼LTFLMJßFT¼SNFOJ[HFSFLUJßJOJH¶TUFSFOCJMHJMFSJFMEF
FEFDFLTJOJ[,BQMBSWFIB[ñSMñLJ§JO¶OFSJMFSBMBDBLTñOñ[
%LOJLOHU
5BCMPEFßFSMFSJIFS[BNBOCFTJOMFSJOTPßVLWFCPğQJğJSNF
BMBOñOBT¼S¼MNFTJEVSVNVJ§JOHF§FSMJEJS
OñTñUNBZñTBEFDFFßFSUBCMPEBWFSJMNJğJTFZBQñOñ[
"LTFTVBSñ¶OñTñUNBZBQNBEBO¶ODFZBßMñLBßñUJMFLBQMBZñOñ[
5BCMPMBSEBCJMEJSJMNJğPMBOT¼SFMFSLñMBWV[EFßFSMFSEJS#V
EFßFSMFSHñEBNBEEFMFSJOJOEVSVNVOBWFLBMJUFTJOFCBßMñEñS
5FTMJNBUUBZFSBMBOBLTFTVBSñLVMMBOñOñ[%JßFSBLTFTVBSMBSJMF
¶[FMBLTFTVBSMBSñN¼ğUFSJIJ[NFUMFSJOEFOWFZBLPOVOVO
V[NBOñOEBOUFNJOFEFCJMJSTJOJ[
,VMMBONBEBO¶ODFJIUJZBDñOñ[PMNBZBOBLTFTVBSMBSñWFLBQMBSñ
QJğJSNFBMBOñOEBO§ñLBSUñOñ[
4ñDBLBLTFTVBSMBSñWFZBLBQMBSñQJğJSNFBMBOñOEBO§ñLBSñSLFO
EBJNBCJSNVUGBLFMEJWFOJLVMMBOñOñ[
7DEORODU
5BCMPMBSEB§FğJUMJQBTUBMBSWFLFLMFSJ§JOPQUJNVNñTñUNBU¼SMFSJOJ
CVMBDBLTñOñ[4ñDBLMñLWFQJğNFT¼SFTJIBNVSVONJLUBSñOBWF
¶[FMMJLMFSJOFCBßMñEñS%BIBE¼ğ¼LCJSTñDBLMñLQBTUBOñOEBIB
NVOUB[BNWFE¼[H¼OLñ[BSNBTñOñTBßMBS&ßFSHFSFLJSTFCJS
TPOSBLJEFOFNFEFEBIBZ¼LTFLEFSFDFZFBZBSMBZBCJMJSTJOJ[
(WNPHVKD\YDQ×EDO×N
,]JDUD
*[HBSBMñLNBM[FNFOJOLBMñOPMNBTñEVSVNVOEBUFMñ[HBSBZñ
ZFSMFğUJSNFZ¼LTFLMJßJ ZFZFSMFğUJSJOJ[BLTJUBLUJSEFñ[HBSBZB
UFNBTFEFCJMJS
*[HBSBZBQñMBOFUMFSJON¼NL¼OPMEVßVLBEBSBZOñLBMñOMñLUB
PMNBTñOB¶[FOH¶TUFSJOJ[#¶ZMFMJLMFFUMFSNVOUB[BNWFBZOñ
PSBOEBLñ[BSñQMF[[FUMFSJOJLPSVSMBSBZSñDBGB[MBLVSVNBMBSñ
¶OMFONJğPMVS
1JğJSNFT¼SFTJOJO
Z¼EPMEVLUBOTPOSBNBM[FNFZJ§FWJSJOJ[
#JGUFLMFSJBODBLñ[HBSB¼[FSJOEFLñ[BSUUñLUBOTPOSBUV[MBZñOñ[
*[HBSBZBQñMBDBLPMBOFUMFSJWTEPßSVEBOUFMñ[HBSBOñO¼[FSJOF
EJ[JOJ[ 5FL CJS QBS§B ñ[HBSBMñL FU WT Lñ[BSUBDBLTBOñ[ UFM ñ[HBSBOñO
UBNPSUBTñOBLPZVOV[
"ZSñDB¼OJWFSTBMUBWBZñZFSMFğUJSNFZ¼LTFLMJßJ FZFSMFğUJSJOJ[
#¶ZMFMJLMFFUUFOEBNMBZBOTVWFZBßMBSUFQTJZFBLBSWFGñSñOUFNJ[
LBMñS
(W
4¼SFOJOZBSñTñEPMEVLUBOTPOSBFUQBS§BMBSñOñ§FWJSJOJ[
,ñ[BSUNBIB[ñSPMEVLUBOTPOSB EBLJLBEBIBLBQBUñMNñğWF
LBQBßñLBQBMñUVUVMBOGñSñOñOJ§JOEFEJOMFOEJSJMNFMJEJS#¶ZMFDFFU
TVZVOVOEBIBJZJEBßñMNBTñTBßMBOñS
1JğJSNFJğMFNJOEFOTPOSBSP[CJGJBM¼NJOZVNGPMZPZBTBSñOñ[WF
 EBLJLBGñSñOEBEJOMFONFZFCñSBLñOñ[
3DVWDYHHNPHN $NVHVXDU <HUOHüWLUPH
\NVHNOLùL
,V×WPDWU & RODUDN
V×FDNO×N
GDNLNDRODUDN
VUH
#¶SFL OJWFSTBMUBWB
%  
5¼SLLVSBCJZFMFSJ OJWFSTBMUBWB %  
.BZBMñTBOEWJ§FLNFßJ OJWFSTBMUBWB
%  
5BWBLFLJ OJWFSTBMUBWB
%  
,¼§¼LLFL OJWFSTBMUBWB
%  
1J[[B OJWFSTBMUBWB
%  
(W $ù×UO×N $NVHVXDUYHNDS
ODU
<HUOHüWLUPH
\NVHNOLùL
,V×WPDWU & FLQVLQGHQ
V×FDNO×N×]JDUD
NDGHPHVL
GDNLNDRODUDN
VUH
#¼U¼OUBWVL LH OJWFSTBMUBWB
%  
,V[VCVEV LH OJWFSTBMUBWB
%  
3PTUP LH OJWFSTBMUBWB
%  
#JGUFL 5FMñ[HBSB (  
11
*×GDPDGGHOHULQGHNLDNULODPLG
"LSJMBNJE¶ODFMJLMFZ¼LTFLTñDBLMñLMBSEBIB[ñSMBOBOUBIñMWF
QBUBUFT¼S¼OMFSJOEF¶SO QBUBUFTDJQTJQBUBUFTLñ[BSUNBTñUPTU
TBOEWJ§FLNFßJFLNFLWFZBVOMVNBNVMMFSEFLFLMFS[FODFGJMMJ
§¶SFLMFSCBEFNMJLFLMFSPSUBZB§ñLBS
$NULODPLGPLNWDU×GüNRODQ\HPHNOHULQKD]×UODQPDV×LoLQ|QHULOHU
*HQHO
1JğJSNFT¼SFMFSJOJN¼NL¼OPMEVßVODBLñTBUVUVOV[
:FNFLMFSJBMUñOSFOHJOEFPMVODBZBLBEBSLñ[BSUñOñ[§PLGB[MBLñ[BSUNBZñOñ[
#¼Z¼LLBMñONBM[FNFMFSEBIBB[BLSJMBNJEJ§FSJS
3LüLUPH TUBMUñTñUNBJMFNBLTJNVN p$
,VSBCJZF TUBMUñTñUNBJMFNBLTJNVN p$
:VNVSUBWFZBZVNVSUBTBSñTñBLSJMBNJEPMVğVNVOVB[BMUñS
'ñSñOEBQBUBUFTLñ[BSUNBTñ %¼[H¼OWFUFLLBUPMBDBLğFLJMEFUFQTJ¼[FSJOFZBZñOñ[
12
*DUDQWL
13
14
Ú Table of contents
[en]Instruction manual
,PSRUWDQWVDIHW\LQIRUPDWLRQ 
$BVTFTPGEBNBHF 
,QVWDOODWLRQDQGFRQQHFWLRQ  
<RXUQHZRYHQ  
$POUSPMQBOFM 
'VODUJPOTFMFDUPS 
5FNQFSBUVSFTFMFDUPS 
5JNFS 
'VODUJPOCVUUPOGPSSPUBSZTQJUTQFDJBMFRVJQNFOU 
"DDFTTPSJFT 
%HIRUHXVLQJWKHRYHQIRUWKHILUVWWLPH 
)FBUJOHVQUIFPWFO 
$MFBOJOHUIFBDDFTTPSJFT 
6HWWLQJWKHRYHQ 
5ZQFPGIFBUJOHBOEUFNQFSBUVSF 
$PPLJOHUJNF 
6TJOHUIFSPUBSZTQJUTQFDJBMFRVJQNFOU 
&DUHDQGFOHDQLQJ 
$MFBOJOHBHFOUT 
7URXEOHVKRRWLQJ  
.BMGVODUJPOUBCMF 
$IWHUVDOHVVHUYLFH 
&OVNCFSBOE'%OVNCFS  
(QHUJ\DQGHQYLURQPHQWWLSV  
4BWJOHFOFSHZ 
&OWJSPONFOUBMMZGSJFOEMZEJTQPTBM  
7HVWHGIRU\RXLQRXUFRRNLQJVWXGLR  
5BCMFT  
.FBUQPVMUSZGJTI  
$FU\ODPLGHLQIRRGVWXIIV 
: Important safety information
3FBEUIFTFJOTUSVDUJPOTDBSFGVMMZ0OMZUIFO
XJMMZPVCFBCMFUPPQFSBUFZPVSBQQMJBODF
TBGFMZBOEDPSSFDUMZ3FUBJOUIFJOTUSVDUJPO
NBOVBMGPSGVUVSFVTFPSGPSTVCTFRVFOU
PXOFST
$IFDLUIFBQQMJBODFGPSEBNBHFBGUFS
VOQBDLJOHJU%POPUDPOOFDUUIFBQQMJBODFJG
JUIBTCFFOEBNBHFEJOUSBOTQPSU
0OMZBMJDFOTFEQSPGFTTJPOBMNBZDPOOFDU
BQQMJBODFT XJUIPVU QMVHT %BNBHF DBVTFE CZ
JODPSSFDUDPOOFDUJPOJTOPUDPWFSFEVOEFS
XBSSBOUZ
5IJTBQQMJBODFJTJOUFOEFEGPSEPNFTUJDVTF
POMZ 5IF BQQMJBODF NVTU POMZ CF VTFE GPS UIF
QSFQBSBUJPOPGGPPEBOEESJOL5IFBQQMJBODF
NVTUCFTVQFSWJTFEEVSJOHPQFSBUJPO0OMZ
VTFUIJTBQQMJBODFJOEPPST
5IJTBQQMJBODFJTOPUJOUFOEFEGPSPQFSBUJPO
XJUIBOFYUFSOBMDMPDLUJNFSPSBSFNPUF
DPOUSPM
5IJT BQQMJBODF NBZ CF VTFE CZ DIJMESFO PWFS
UIFBHFPG ZFBSTPMEBOECZQFSTPOTXJUI
SFEVDFEQIZTJDBMTFOTPSZPSNFOUBM
DBQBCJMJUJFTPSCZQFSTPOTXJUIBMBDLPG
FYQFSJFODFPSLOPXMFEHFJGUIFZBSF
TVQFSWJTFEPSBSFJOTUSVDUFECZBQFSTPO
SFTQPOTJCMFGPSUIFJSTBGFUZIPXUPVTFUIF
BQQMJBODFTBGFMZBOEIBWFVOEFSTUPPEUIF
BTTPDJBUFEIB[BSET
$IJMESFO NVTU OPU QMBZ XJUI PO PS BSPVOE UIF
BQQMJBODF$IJMESFONVTUOPUDMFBOUIF
BQQMJBODFPSDBSSZPVUHFOFSBMNBJOUFOBODF
VOMFTTUIFZBSFBUMFBTU ZFBSTPMEBOEBSF
CFJOHTVQFSWJTFE
,FFQ DIJMESFO CFMPX UIF BHF PG ZFBST PME BU
B TBGF EJTUBODF GSPN UIF BQQMJBODF BOE QPXFS
DBCMF
5LVNRIILUH
$PNCVTUJCMFJUFNTTUPSFEJOUIFDPPLJOH
DPNQBSUNFOUNBZDBUDIGJSF/FWFSTUPSF
DPNCVTUJCMFJUFNTJOUIFDPPLJOH
DPNQBSUNFOU/FWFSPQFOUIFBQQMJBODF
EPPSJGUIFSFJTTNPLFJOTJEF4XJUDIPGGUIF
BQQMJBODFBOEVOQMVHJUGSPNUIFNBJOTPS
TXJUDI PGG UIF DJSDVJU CSFBLFS JO UIF GVTF CPY
Risk of fire!
5IF BQQMJBODF CFDPNFT WFSZ IPU /FWFS VTF
UIFUPQPGUIFBQQMJBODFBTBXPSLUPQPS
TUPSBHFBSFB
Risk of fire!
"ESBVHIUJTDSFBUFEXIFOUIFBQQMJBODF
EPPSJTPQFOFE(SFBTFQSPPGQBQFSNBZ
DPNFJOUPDPOUBDUXJUIUIFIFBUJOHFMFNFOU
BOEDBUDIGJSF%POPUQMBDFHSFBTFQSPPG
QBQFSMPPTFMZPWFSBDDFTTPSJFTEVSJOH
QSFIFBUJOH"MXBZTXFJHIUEPXOUIF
HSFBTFQSPPGQBQFSXJUIBEJTIPSBCBLJOH
UJO0OMZDPWFSUIFTVSGBDFSFRVJSFEXJUI
HSFBTFQSPPGQBQFS(SFBTFQSPPGQBQFS
NVTUOPUQSPUSVEFPWFSUIFBDDFTTPSJFT
Risk of fire!
5IFBQQMJBODFCFDPNFTWFSZIPU1BZ
BUUFOUJPOUPUIFJOGPSNBUJPOJOUIFTFDUJPO
*OTUBMMBUJPOBOEDPOOFDUJPOSFHBSEJOH
NJOJNVNDMFBSBODFTGPSUIFBQQMJBODF5IF
BQQMJBODFNVTUOPUCFJOTUBMMFEJOBGJUUFE
VOJU
15
5LVNRIHOHFWULFVKRFN
*ODPSSFDUSFQBJSTBSFEBOHFSPVT3FQBJST
NBZPOMZCFDBSSJFEPVUBOEEBNBHFE
QPXFS DBCMFT SFQMBDFE CZ POF PG PVS USBJOFE
BGUFSTBMFTUFDIOJDJBOT*GUIFBQQMJBODFJT
EFGFDUJWFVOQMVHUIFBQQMJBODFGSPNUIF
NBJOT PS TXJUDI PGG UIF DJSDVJU CSFBLFS JO UIF
GVTFCPY$POUBDUUIFBGUFSTBMFTTFSWJDF
Risk of electric shock and serious injury!
5IF DBCMF JOTVMBUJPO PO FMFDUSJDBM BQQMJBODFT
NBZNFMUXIFOUPVDIJOHIPUQBSUTPGUIF
BQQMJBODF/FWFSCSJOHFMFDUSJDBMBQQMJBODF
DBCMFTJOUPDPOUBDUXJUIIPUQBSUTPGUIF
BQQMJBODF
Risk of electric shock!
%POPUVTFBOZIJHIQSFTTVSFDMFBOFSTPS
TUFBNDMFBOFSTXIJDIDBOSFTVMUJOBO
FMFDUSJDTIPDL
Risk of electric shock!
1FOFUSBUJOHNPJTUVSFNBZDBVTFFMFDUSJD
TIPDL/FWFSTVCKFDUUIFBQQMJBODFUP
JOUFOTFIFBUPSIVNJEJUZ0OMZVTFUIJT
BQQMJBODFJOEPPST
Risk of electric shock!
"EFGFDUJWFBQQMJBODFNBZDBVTFFMFDUSJD
TIPDL/FWFSTXJUDIPOBEFGFDUJWF
BQQMJBODF6OQMVHUIFBQQMJBODFGSPNUIF
NBJOT PS TXJUDI PGG UIF DJSDVJU CSFBLFS JO UIF
GVTFCPY$POUBDUUIFBGUFSTBMFTTFSWJDF
5LVNRIEXUQV
5IFBQQMJBODFCFDPNFTWFSZIPU/FWFS
UPVDIUIFJOUFSJPSTVSGBDFTPGUIFDPPLJOH
DPNQBSUNFOUPSUIFIFBUJOHFMFNFOUT
"MXBZTBMMPXUIFBQQMJBODFUPDPPMEPXO
,FFQDIJMESFOBUBTBGFEJTUBODF
Risk of burns!
; 5IF BDDFTTJCMF TVSGBDFT PG UIF BQQMJBODF
HFUWFSZIPU/FWFSUPVDIUIFIPUTVSGBDFT
,FFQDIJMESFOBXBZ
Risk of serious burns!
"DDFTTPSJFTBOEPWFOXBSFCFDPNFWFSZ
IPU"MXBZTVTFPWFOHMPWFTUPSFNPWF
BDDFTTPSJFTPSPWFOXBSFGSPNUIFDPPLJOH
DPNQBSUNFOU
Risk of burns!
"MDPIPMJDWBQPVSTNBZDBUDIGJSFJOUIFIPU
DPPLJOHDPNQBSUNFOU/FWFSQSFQBSFGPPE
DPOUBJOJOHMBSHFRVBOUJUJFTPGESJOLTXJUIB
IJHIBMDPIPMDPOUFOU0OMZVTFTNBMM
RVBOUJUJFTPGESJOLTXJUIBIJHIBMDPIPM
DPOUFOU0QFOUIFBQQMJBODFEPPSXJUIDBSF
5LVNRIVFDOGLQJ
8IFOZPVPQFOUIFBQQMJBODFEPPSIPU
TUFBNNBZFTDBQF0QFOUIFBQQMJBODF
EPPSXJUIDBSF,FFQDIJMESFOBUBTBGF
EJTUBODF
Risk of scalding!
8BUFSJOBIPUDPPLJOHDPNQBSUNFOUNBZ
DSFBUF IPU TUFBN /FWFS QPVS XBUFS JOUP UIF
IPUDPPLJOHDPNQBSUNFOU
5LVNRILQMXU\
4DSBUDIFEHMBTTJOUIFBQQMJBODFEPPSNBZ
EFWFMPQJOUPBDSBDL%POPUVTFBHMBTT
TDSBQFSTIBSQPSBCSBTJWFDMFBOJOHBJETPS
EFUFSHFOUT
&DXVHVRIGDPDJH
&DXWLRQ
"DDFTTPSJFTGPJMHSFBTFQSPPGQBQFSPSPWFOXBSFPOUIF
DPPLJOHDPNQBSUNFOUGMPPSEPOPUQMBDFBDDFTTPSJFTPOUIF
DPPLJOHDPNQBSUNFOUGMPPS%POPUDPWFSUIFDPPLJOH
DPNQBSUNFOU GMPPS XJUI BOZ TPSU PG GPJM PS HSFBTFQSPPG QBQFS %P
OPUQMBDFPWFOXBSFPOUIFDPPLJOHDPNQBSUNFOUGMPPSJGB
UFNQFSBUVSF PG PWFS  z$ IBT CFFO TFU 5IJT XJMM DBVTF IFBU UP
BDDVNVMBUF5IFCBLJOHBOESPBTUJOHUJNFTXJMMOPMPOHFSCF
DPSSFDUBOEUIFFOBNFMXJMMCFEBNBHFE
8BUFS JO B IPU DPPLJOH DPNQBSUNFOU EP OPU QPVS XBUFS JOUP UIF
DPPLJOH DPNQBSUNFOU XIFO JU JT IPU 5IJT XJMM DBVTF TUFBN 5IF
UFNQFSBUVSFDIBOHFDBODBVTFEBNBHFUPUIFFOBNFM
.PJTU GPPE EP OPU TUPSF NPJTU GPPE JO UIF DPPLJOH DPNQBSUNFOU
XIFOJUJTDMPTFEGPSQSPMPOHFEQFSJPET5IJTXJMMEBNBHFUIF
FOBNFM
'SVJUKVJDFXIFOCBLJOHQBSUJDVMBSMZKVJDZGSVJUQJFTEPOPUQBDL
UIFCBLJOHUSBZUPPHFOFSPVTMZ'SVJUKVJDFESJQQJOHGSPNUIF
CBLJOHUSBZMFBWFTTUBJOTUIBUDBOOPUCFSFNPWFE*GQPTTJCMF
VTFUIFEFFQFSVOJWFSTBMQBO
$PPMJOHXJUIUIFBQQMJBODFEPPSPQFOPOMZBMMPXUIFDPPLJOH
DPNQBSUNFOUUPDPPMXIFOJUJTDMPTFE&WFOJGUIFBQQMJBODF
EPPS JT POMZ PQFO B MJUUMF GSPOU QBOFMT PG BEKBDFOU VOJUT DPVME CF
EBNBHFEPWFSUJNF
)FBWJMZTPJMFEPWFOTFBMJGUIFPWFOTFBMJTIFBWJMZTPJMFEUIF
PWFOEPPSXJMMOPMPOHFSDMPTFQSPQFSMZXIFOUIFPWFOJTJO
PQFSBUJPO5IFGSPOUTPGBEKBDFOUVOJUTDPVMECFEBNBHFE
"MXBZTLFFQUIFPWFOTFBMDMFBO
0WFOEPPSBTBCFBSJOHTVSGBDFEPOPUTUBOEPSQMBDFPCKFDUT
POUIFPWFOEPPSXIFOJUJTPQFO%POPUIBOHPCKFDUTPOUIF
PWFOEPPS
$BSSZJOHUIFBQQMJBODFEPOPUDBSSZPSIPMEUIFBQQMJBODFCZ
UIFEPPSIBOEMF5IFEPPSIBOEMFDBOOPUTVQQPSUUIFXFJHIUPG
UIFBQQMJBODFBOEDPVMECSFBL
16
,QVWDOODWLRQDQGFRQQHFWLRQ
1MBDFUIFUBCMFUPQBQQMJBODFPOBTPMJEMFWFMTVSGBDFBUMFBTU
 DNBCPWFUIFGMPPS5IFWFOUJMBUJPOTMPUTPOUIFSFBSUPQBOE
VOEFSTJEFNVTUOPUCFPCTUSVDUFE5IFNJOJNVNEJTUBODFT
TQFDJGJFEJOUIFQJDUVSFNVTUCFNBJOUBJOFE
: 5LVNRIILUH
5IFWBQPVSTUFBNFYUSBDUPSPOUIFSFBSPGUIFEFWJDFHFUTWFSZ
IPU'MBNNBCMFXBMMDPWFSJOHTGBCSJDXBMMQBQFSFUDDBODBUDI
GJSF5IFXBMMDPWFSJOHNVTUCFIFBUSFTJTUBOUUPBUMFBTUp$
5IFBQQMJBODFNVTUCFQVTIFEEJSFDUMZBHBJOTUUIFXBMMXJUIUIF
TQBDFST
5IFBQQMJBODFDPSSFTQPOETUPQSPUFDUJPODMBTT*BOENBZPOMZCF
PQFSBUFEJODPOKVODUJPOXJUIBQSPUFDUJWFFBSUIUFSNJOBM
5IFBQQMJBODFJTGJUUFEXJUIBQMVHBOENVTUPOMZCFDPOOFDUFEUP
BQSPQFSMZJOTUBMMFEFBSUIFETPDLFU5IFGVTFNVTUCFBUMFBTU
 BNQT5IFNBJOTWPMUBHFNVTUDPSSFTQPOEUPUIFWPMUBHF
TQFDJGJFEPOUIFSBUJOHQMBUF
"TPDLFUNVTUPOMZCFJOTUBMMFEPSUIFQPXFSDBCMFSFQMBDFECZB
RVBMJGJFEFMFDUSJDJBO5IFBQQMJBODFQMVHNVTUBMXBZTCF
BDDFTTJCMF
/PNVMUJQMVHTNVMUJQMFDPOOFDUPSTPSFYUFOTJPOMFBETNVTUCF
VTFE0WFSMPBEJOHDBVTFTBSJTLPGGJSF
<RXUQHZRYHQ
)FSFZPVXJMMMFBSOBCPVUZPVSOFXPWFO5IFDPOUSPMQBOFMBOE
UIFJOEJWJEVBMPQFSBUJOHDPOUSPMTBSFFYQMBJOFE:PVXJMMGJOE
JOGPSNBUJPOPOUIFDPPLJOHDPNQBSUNFOUBOEUIFBDDFTTPSJFT
&RQWUROSDQHO
)FSFJTBOPWFSWJFXPGUIFDPOUSPMQBOFM5IFTFJOTUSVDUJPOTBSF
JOUFOEFEGPSTFWFSBMNPEFMT%FUBJMTNBZWBSZEFQFOEJOHPOUIF
BQQMJBODFNPEFM
&RQWURONQREV
5IFDPOUSPMLOPCTBSFSFUSBDUBCMF5PMPDLJUJOPSPVUQSFTTUIF
DPOUSPMLOPCJOUIFPGGQPTJUJPO
)XQFWLRQVHOHFWRU
6TFUIFGVODUJPOTFMFDUPSUPTFUUIFUZQFPGIFBUJOH
PLQ
FP
PLQ
FP
PLQFP
([SODQDWLRQ
'VODUJPOPQFSBUJOHMBNQ
5JNFS
5FNQFSBUVSFTFMFDUPS
5IFSNPTUBUPQFSBUJOHMBNQ
3PUBSZTQJUTQFDJBMFRVJQNFOU
'VODUJPOTFMFDUPS
6HWWLQJ 8VH
% 5PQCPUUPNIFBUJOH 'PSDBLFTCBLFTBOEMFBOKPJOUTPG
NFBUFH CFFGPSHBNFPOPOF
MFWFM5IFIFBUJTFNJUUFEFWFOMZ
GSPNBCPWFBOECFMPX
( (SJMM 'PSHSJMMJOHTUFBLTTBVTBHFTUPBTU
BOEQJFDFTPGGJTI5IFXIPMFBSFB
CFMPXUIFHSJMMIFBUJOHFMFNFOU
CFDPNFTIPU
¸3PUBSZTQJUTQFDJBMFRVJQNFOU
'PSSPBTUTBOEQPVMUSZ
17
7HPSHUDWXUHVHOHFWRU
4FU UIF UFNQFSBUVSF PS HSJMM TFUUJOH VTJOH UIF UFNQFSBUVSF TFMFDUPS
5IFUIFSNPTUBUPQFSBUJOHMBNQJTMJUXIFOUIFPWFOJTIFBUJOHVQ
*UHPFTPVUEVSJOHIFBUJOHQBVTFT
7LPHU
:PV DBO VTF UIF UJNFS UP TFU B DPPLJOH UJNF PG VQ UP  NJOVUFT
BGUFSXIJDIUIFPWFOXJMMBVUPNBUJDBMMZTXJUDIPGG
5IFSFJTBTUPQBU%POPUUVSOUIFUJNFSCFZPOEUIJT
*GUIFPWFOJTTXJUDIFEPOUIFGVODUJPOPQFSBUJOHMBNQJTMJU
)XQFWLRQEXWWRQIRUURWDU\VSLWVSHFLDO
HTXLSPHQW
5IJTGVODUJPOCVUUPOJTVTFEUPTXJUDIUIFSPUBSZTQJUPOBOEPGG
$FFHVVRULHV
5IFBDDFTTPSJFTDBOCFJOTFSUFEJOUPUIFPWFOBUEJGGFSFOU
QPTJUJPOT
8IFOHSJMMJOHBTJOHMFUIJDLQJFDFPGGPPETMJEFUIFXJSFSBDLJOBU
MFWFM PUIFSXJTFUIFGPPENBZUPVDIUIFHSJMM
5IFBDDFTTPSJFTNBZCFDPNFEFGPSNFEXIFOUIFZCFDPNFIPU
"TTPPOBTUIFZIBWFDPPMFEEPXOUIFEFGPSNBUJPOEJTBQQFBST
XJUIOPFGGFDUPOUIFGVODUJPO
%HIRUHXVLQJWKHRYHQIRUWKHILUVWWLPH
*OUIJTTFDUJPOZPVDBOGJOEPVUXIBUZPVNVTUEPCFGPSFVTJOH
ZPVSPWFOUPQSFQBSFGPPEGPSUIFGJSTUUJNF'JSTUSFBEUIFTFDUJPO
PO 4BGFUZJOGPSNBUJPO
+HDWLQJXSWKHRYHQ
5PSFNPWFUIFOFXDPPLFSTNFMMIFBUVQUIFPWFOXIFOJUJT
FNQUZ BOE DMPTFE "O IPVS PG
% 5PQCPUUPN IFBUJOH BU  p$ JT
JEFBM&OTVSFUIBUOPQBDLBHJOHSFNOBOUTIBWFCFFOMFGUJOUIF
DPPLJOHDPNQBSUNFOU
6TFUIFGVODUJPOTFMFDUPSUPTFU
%5PQCPUUPNIFBUJOH
6TFUIFUFNQFSBUVSFTFMFDUPSUPTFUUIFUFNQFSBUVSFUP p$
4FUUIFUJNFSUPNJOVUFT
"GUFSBOIPVSUIFPWFOTXJUDIFTPGG
&OHDQLQJWKHDFFHVVRULHV
#FGPSFZPVVTFUIFBDDFTTPSJFTGPSUIFGJSTUUJNFDMFBOUIFN
UIPSPVHIMZXJUIIPUTPBQZXBUFSBOEBTPGUEJTIDMPUI
6HWWLQJ 0HDQLQJ
ü 0GGQPTJUJPO 5IFPWFOEPFTOPUIFBUVQ
 5FNQFSBUVSF
SBOHF
5IFUFNQFSBUVSFJOUIFDPPLJOH
DPNQBSUNFOUJOp$
 (SJMMTFUUJOH 5IFQPXFSTFUUJOHTGPSUIFHSJMM
(
6HWWLQJ 0HDQLQJ
0GGQPTJUJPO 5IFPWFOJTTXJUDIFEPGG
&OE PG UIF TFU DPPLJOH
UJNF
4JHOBM TPVOET BU UIF FOE PG UIF
TFUDPPLJOHUJNF
 $PPLJOHUJNF $PPLJOHUJNFJONJOVUFT
> .BOVBMPQFSBUJPO 5IFPWFOJTTXJUDIFEPO
5IF PWFO CFHJOT UP IFBU VQ BT
TPPOBTBUFNQFSBUVSFJTTFU
5IFUJNFSJTTXJUDIFEPGG
6HWWLQJ 8VH
¸ 3PUBSZTQJU
0O
'PSSPBTUTBOEQPVMUSZ
3PUBSZTQJU
0GG
8QLYHUVDOSDQ
'PSNPJTUDBLFTQBTUSJFTGSP[FO
NFBMT BOE MBSHF SPBTUT *U DBO BMTP CF
VTFEUPDBUDIESJQQJOHGBUXIFOZPV
BSFHSJMMJOHEJSFDUMZPOUIFXJSFSBDL
:LUHUDFN
'PSDPPLXBSFDBLFUJOTSPBTUTHSJMM
JOHBOEGSP[FONFBMT
4MJEFUIFXJSFSBDLJOUPUIFPWFOXJUI
UIFIBOEMFGBTUFOFSGBDJOHUIFPWFO
EPPS
+DQGOH
'PSUBLJOHPVUUIFXJSFSBDL5IJTJT
EPOFCZIPPLJOHUIFIBOEMFJOUPUIF
IBOEMFGBTUFOFSPOUIFXJSFSBDL
5RWDU\VSLW
PQUJPOBMBDDFTTPSZ
'PSSPBTUTBOEQPVMUSZ
18
6HWWLQJWKHRYHQ
5IFSFBSFWBSJPVTXBZTJOXIJDIZPVDBOTFUZPVSPWFO)FSFXF
XJMMFYQMBJOIPXZPVDBOTFMFDUUIFEFTJSFEUZQFPGIFBUJOHBOE
UFNQFSBUVSFPSHSJMMTFUUJOH
7\SHRIKHDWLQJDQGWHPSHUDWXUH
&YBNQMFTIPXOCFMPX5PQCPUUPNIFBUJOH %BU p$
6TFUIFGVODUJPOTFMFDUPSUPTFUUIFUZQFPGIFBUJOH
6TFUIFUFNQFSBUVSFTFMFDUPSUPTFUUIFUFNQFSBUVSF
4XJUDIPOUIFPWFOXJUIUIFUJNFS
>
5IFPWFOCFHJOTUPIFBUVQ
6ZLWFKLQJRIIWKHRYHQ
5VSOUIFUJNFSUPUIFPGGQPTJUJPO 
&KDQJLQJWKHVHWWLQJV
5IF UZQF PG IFBUJOH BOE UFNQFSBUVSF DBO CF DIBOHFE BU BOZ UJNF
XJUIUIFJSSFTQFDUJWFTFMFDUPS
&RRNLQJWLPH
:PVDBOTFUUIFDPPLJOHUJNFGPSZPVSEJTIVTJOHUIFUJNFS8IFO
UIFDPPLJOHUJNFIBTFMBQTFEUIFPWFOTXJUDIFTJUTFMGPGG
BVUPNBUJDBMMZ5IJTNFBOTUIBUZPVEPOPUIBWFUPJOUFSSVQUPUIFS
XPSLUPTXJUDIPGGUIFPWFO5IFDPPLJOHUJNFDBOOPUCF
BDDJEFOUBMMZFYDFFEFE
&YBNQMFTIPXOCFMPX$PPLJOHUJNFPG NJOVUFT
6TFUIFGVODUJPOTFMFDUPSUPTFUUIFUZQFPGIFBUJOH
6TFUIFUFNQFSBUVSFTFMFDUPSUPTFUUIFUFNQFSBUVSF
5VSOUIFUJNFSDMPDLXJTFUPUIFTUPQEPOPUUVSOJUCFZPOEUIF
TUPQ
5IFOUVSOJUCBDLUPUIFSFRVJSFEDPPLJOHUJNF
5IFPWFOTUBSUT
7KHFRRNLQJWLPHKDVHODSVHG
"TJHOBMTPVOET5IFPWFOTUPQTIFBUJOH5IFUJNFSIBTSFBDIFE
UIFPGGQPTJUJPO 5VSOUIFUFNQFSBUVSFTFMFDUPSUPUIF üQPTJUJPO
&KDQJLQJWKHFRRNLQJWLPH
5VSOUIFUJNFSDMPDLXJTFUPUIFTUPQBOEUIFOCBDLUPUIFOFX
DPPLJOHUJNF
&DQFHOOLQJWKHFRRNLQJWLPH
5VSOUIFUJNFSUPUIFPGGQPTJUJPO 
8VLQJWKHURWDU\VSLWVSHFLDOHTXLSPHQW
5IFSPUBSZTQJUDBOCFVTFEXJUIFYDFMMFOUSFTVMUTUPDPPLKPJOUT
TVDIBTSPMMFESPBTUJOHKPJOUTBOEQPVMUSZ5IFNFBUJTSPBTUFE
UIPSPVHIMZBOEFWFOMZ
3UHSDULQJMRLQWV
1MBDFUIFKPJOUBTDFOUSBMMZBTQPTTJCMFPOUIFSPUBSZTQJUBOE
TFDVSFJUBUCPUIFOETXJUIUIFSFUBJOJOHDMJQT
:PV DBO BMTP USVTT UIF KPJOU XJUI TUSJOH 8JUI QPVMUSZ CJOE UIF FOET
PG UIF XJOHT VOEFSOFBUI UIF CBDL BOE UIF UIJHIT BHBJOTU UIF CPEZ
5IJTQSFWFOUTUIFNGSPNPWFSCSPXOJOH
1JFSDFUIFTLJOPOUIFVOEFSTJEFPGUIFXJOHTUPBMMPXUIFGBUUP
FTDBQF
19
,QVHUWLQJWKHURWDU\VSLW
: 5LVNRIEXUQV
5IFBQQMJBODFCFDPNFTWFSZIPU/FWFSUPVDIUIFJOUFSJPS
TVSGBDFTPGUIFDPPLJOHDPNQBSUNFOUPSUIFIFBUJOHFMFNFOUT
"MXBZTBMMPXUIFBQQMJBODFUPDPPMEPXO,FFQDIJMESFOBUBTBGF
EJTUBODF
*OTFSUUIFSPUBSZTQJUBTGPMMPXT
POMZBUUBDIUIFSPUBSZTQJUJGZPVBSFVTJOHBOPWFODMPUIPS
XFBSJOH UIFSNBM PWFO HMPWFT *G UIF PWFO IBT CFFO QSFIFBUFE
JOTFSUUIFVOJWFSTBMQBOPOUIFDPPLJOHDPNQBSUNFOUGMPPS
1MBDFUIFIPMEFSPOUIFMFGUIBOETJEFJOUIFIPMFTJOUIF
VOJWFSTBMQBO
4MJEF POF FOE PG UIF SPUBSZ TQJU JOUP UIF SFDFTTFE BEBQUFS JO UIF
SJHIUIBOETJEFQBOFMPGUIFDPPLJOHDPNQBSUNFOU
-BZUIFMFGUIBOEFOEPOUIFIPMEFS
6ZLWFKLQJRQWKHURWDU\VSLW
6TFUIFSPUBSZTQJUJODPOKVODUJPOXJUIUIF(SJMM
(
1SFTTUIFGVODUJPOCVUUPOGPSSPUBSZTQJUNPEFUPUIF
¸QPTJUJPO
5IFSPUBSZTQJUTUBSUTPQFSBUJOH
6ZLWFKLQJRIIWKHURWDU\VSLW
1SFTTUIFGVODUJPOCVUUPOGPSSPUBSZTQJUNPEFCBDLJO
5IFSPUBSZTQJUTUPQTPQFSBUJOH
4XJUDIPGGUIFPWFO
5HPRYLQJWKHURWDU\VSLW
: 5LVNRIVFDOGLQJ
8IFO ZPV PQFO UIF BQQMJBODF EPPS IPU TUFBN NBZ FTDBQF 0QFO
UIFBQQMJBODFEPPSXJUIDBSF,FFQDIJMESFOBUBTBGFEJTUBODF
: 5LVNRIVHULRXVEXUQV
"DDFTTPSJFTBOEPWFOXBSFCFDPNFWFSZIPU"MXBZTVTFPWFO
HMPWFTUPSFNPWFBDDFTTPSJFTPSPWFOXBSFGSPNUIFDPPLJOH
DPNQBSUNFOU
3FNPWFUIFSPUBSZTQJUBTGPMMPXT
$BSFGVMMZPQFOUIFBQQMJBODFEPPS-JGUUIFSPUBSZTQJUDBSFGVMMZ
PVUPGUIFIPMEFSJOUIFVOJWFSTBMQBO
$BSFGVMMZXJUIESBXUIFSPUBSZTQJUGSPNUIFSFDFTTFEBEBQUFSJO
UIFTJEFQBOFMBOESFNPWFJUGSPNUIFPWFO
3FNPWFUIFVOJWFSTBMQBO
&DUHDQGFOHDQLQJ
8JUIHPPEDBSFBOEDMFBOJOHZPVSPWFOXJMMSFNBJODMFBOBOE
GVMMZGVODUJPOJOH GPS B MPOH UJNF UP DPNF )FSF XF XJMM FYQMBJO IPX
UPNBJOUBJOBOEDMFBOZPVSPWFODPSSFDUMZ
: 5LVNRIEXUQV
5IFBQQMJBODFCFDPNFTWFSZIPU/FWFSUPVDIUIFJOUFSJPS
TVSGBDFTPGUIFDPPLJOHDPNQBSUNFOUPSUIFIFBUJOHFMFNFOUT
"MXBZTBMMPXUIFBQQMJBODFUPDPPMEPXO,FFQDIJMESFOBUBTBGF
EJTUBODF
1RWHV
#FGPSFDMFBOJOHVOQMVHGSPNUIFNBJOT
4MJHIUEJGGFSFODFTJOUIFDPMPVSTPOUIFGSPOUPGUIFPWFOBSF
DBVTFECZUIFVTFPGEJGGFSFOUNBUFSJBMTTVDIBTHMBTTQMBTUJD
BOENFUBM
&OBNFMJTCBLFEPOBUWFSZIJHIUFNQFSBUVSFT5IJTDBODBVTF
TPNFTMJHIUDPMPVSWBSJBUJPO5IJTJTOPSNBMBOEEPFTOPUBGGFDU
PQFSBUJPO5IFFEHFTPGUIJOUSBZTDBOOPUCFDPNQMFUFMZ
FOBNFMMFE "T B SFTVMU UIFTF FEHFT DBO CF SPVHI 5IJT XJMM OPU
JNQBJSUIFBOUJDPSSPTJPOQSPUFDUJPO
&OHDQLQJDJHQWV
5PFOTVSFUIBUUIFEJGGFSFOUTVSGBDFTBSFOPUEBNBHFECZVTJOH
UIF XSPOH DMFBOJOH BHFOU PCTFSWF UIF JOGPSNBUJPO JO UIF UBCMF %P
OPUVTF
TIBSQPSBCSBTJWFDMFBOJOHBHFOUT
DMFBOJOHBHFOUTXJUIBIJHIBMDPIPMDPOUFOU
IBSETDPVSJOHQBETPSDMFBOJOHTQPOHFT
IJHIQSFTTVSFDMFBOFSTPSTUFBNDMFBOFST
8BTIOFXTQPOHFDMPUITUIPSPVHIMZCFGPSFVTF
$UHD &OHDQLQJDJHQWV
0WFOGSPOU )PUTPBQZXBUFS
$MFBOXJUIBEJTIDMPUIBOEESZXJUIBTPGU
DMPUI%POPUVTFHMBTTDMFBOFSTPSHMBTT
TDSBQFST
%PPSQBOFMT (MBTTDMFBOFS
$MFBO XJUI B TPGU DMPUI %P OPU VTF B HMBTT
TDSBQFS
$PPLJOHDPNQBSU
NFOU
)PUTPBQZXBUFSPSBWJOFHBSTPMVUJPO
$MFBOXJUIBEJTIDMPUI
*GUIFSFBSFIFBWZEFQPTJUTPGEJSUVTFB
TUBJOMFTTTUFFMTDPVSJOHQBEPSPWFO
DMFBOFS0OMZVTFXIFOUIFDPPLJOHDPN
QBSUNFOUJTDPME
4FBM
%POPUSFNPWF
)PUTPBQZXBUFS
$MFBOXJUIBEJTIDMPUI%POPUTDPVS
"DDFTTPSJFT )PUTPBQZXBUFS
4PBLBOEDMFBOXJUIBEJTIDMPUIPSCSVTI
20
7URXEOHVKRRWLQJ
.BMGVODUJPOTPGUFOIBWFTJNQMFFYQMBOBUJPOT3FGFSUPUIFUBCMF
CFGPSFDBMMJOHUIFBGUFSTBMFTTFSWJDFBTZPVNBZCFBCMFUP
SFNFEZUIFGBVMUZPVSTFMG
0DOIXQFWLRQWDEOH
*GBEJTIEPFTOPUUVSOPVUBTXFMMBTZPVIBEIPQFESFGFSUPUIF
TFDUJPO 5FTUFEGPSZPVJOPVSDPPLJOHTUVEJPXIFSFZPVXJMMGJOE
QMFOUZPGDPPLJOHUJQTBOEUSJDLT
: 5LVNRIHOHFWULFVKRFN
*ODPSSFDUSFQBJSTBSFEBOHFSPVT3FQBJSTNBZPOMZCFDBSSJFEPVU
BOEEBNBHFEQPXFSDBCMFTSFQMBDFECZPOFPGPVSUSBJOFEBGUFS
TBMFTUFDIOJDJBOT*GUIFBQQMJBODFJTEFGFDUJWFVOQMVHUIF
BQQMJBODFGSPNUIFNBJOTPSTXJUDIPGGUIFDJSDVJUCSFBLFSJOUIF
GVTFCPY$POUBDUUIFBGUFSTBMFTTFSWJDF
$IWHUVDOHVVHUYLFH
0VSBGUFSTBMFTTFSWJDFJTUIFSFGPSZPVJGZPVSBQQMJBODFOFFETUP
CF SFQBJSFE 8F XJMM BMXBZT GJOE UIF SJHIU TPMVUJPO JO PSEFS UP BWPJE
VOOFDFTTBSZWJTJUTGSPNBTFSWJDFUFDIOJDJBO
(QXPEHUDQG)'QXPEHU
8IFODBMMJOHVTQMFBTFHJWFUIFQSPEVDUOVNCFS&OPBOEUIF
QSPEVDUJPOOVNCFS'%OPTPUIBUXFDBOQSPWJEFZPVXJUIUIF
DPSSFDU BEWJDF 5IF SBUJOH QMBUF DPOUBJOJOH UIFTF OVNCFST JT GPVOE
PO UIF SFBS PG UIF BQQMJBODF :PV DBO NBLF B OPUF PG UIF OVNCFST
PGZPVSBQQMJBODFBOEUIFUFMFQIPOFOVNCFSPGUIFBGUFSTBMFT
TFSWJDFJOUIFTQBDFCFMPXUPTBWFUJNFTIPVMEJUCFSFRVJSFE
1MFBTFOPUFUIBUUIFSFXJMMCFBGFFGPSBWJTJUCZBTFSWJDF
UFDIOJDJBO JO UIF FWFOU PG B NBMGVODUJPO FWFO EVSJOH UIF XBSSBOUZ
QFSJPE
5IFDPOUBDUEFUBJMTGPSUIFOFBSFTUDVTUPNFSTFSWJDFTJOBMM
DPVOUSJFTDBOCFGPVOEIFSFPSJOUIFFODMPTFEDVTUPNFSTFSWJDF
MJTU
5HSDLURUGHUDQGDGYLFHDERXWIDXOWV
:PVDBOUSVTUUIFFYQFSUJTFPGUIFNBOVGBDUVSFS5IFZNBLFTVSF
UIBU SFQBJST BSF DBSSJFE PVU CZ USBJOFE TFSWJDF QFSTPOOFM FRVJQQFE
XJUIPSJHJOBMTQBSFQBSUTGPSZPVSIPVTFIPMEBQQMJBODF
(QHUJ\DQGHQYLURQPHQWWLSV
)FSFZPVDBOGJOEUJQTPOIPXUPTBWFFOFSHZXIFOCBLJOHBOE
SPBTUJOHBOEIPXUPEJTQPTFPGZPVSBQQMJBODFQSPQFSMZ
6DYLQJHQHUJ\
0OMZQSFIFBUUIFPWFOJGUIJTJTTQFDJGJFEJOUIFSFDJQFPSJOUIF
PQFSBUJOHJOTUSVDUJPOUBCMFT
6TFEBSLCMBDLMBDRVFSFEPSFOBNFMMFECBLJOHUJOT5IFZ
BCTPSCUIFIFBUQBSUJDVMBSMZXFMM
0QFOUIFPWFOEPPSBTJOGSFRVFOUMZBTQPTTJCMFXIJMFZPVBSF
DPPLJOHCBLJOHPSSPBTUJOH
*U JT CFTU UP CBLF TFWFSBM DBLFT POF BGUFS UIF PUIFS 5IF PWFO JT
TUJMMXBSN5IJTSFEVDFTUIFCBLJOHUJNFGPSUIFTFDPOEDBLF
:PVDBOBMTPQMBDFUXPMPBGUJOTOFYUUPFBDIPUIFS
'PSMPOHFSDPPLJOHUJNFTZPVDBOTXJUDIUIFPWFOPGG
 NJOVUFTCFGPSFUIFFOEPGUIFDPPLJOHUJNFBOEVTFUIF
SFTJEVBMIFBUUPGJOJTIDPPLJOH
(QYLURQPHQWDOO\IULHQGO\GLVSRVDO
%JTQPTFPGQBDLBHJOHJOBOFOWJSPONFOUBMMZGSJFOEMZNBOOFS
3UREOHP 3RVVLEOHFDXVH 5HPHG\LQIRUPDWLRQ
5IFPWFOEPFT
OPUXPSL
5IFQMVHJTOPU
QMVHHFEJO
1MVHJOUIFQMVH
1PXFSDVU $IFDLXIFUIFSUIFLJUDIFO
MJHIUPSPUIFSLJUDIFOBQQMJ
BODFTBSFXPSLJOH
5IFPWFOEPFT
OPUIFBUVQ
%VTUIBTDPM
MFDUFEPOUIF
DPOUBDUT
5VSOUIFDPOUSPMLOPCTCBDL
BOEGPSUITFWFSBMUJNFT
3UREOHP 3RVVLEOHFDXVH 5HPHG\LQIRUPDWLRQ
(QR )'QR
$IWHUVDOHVVHUYLFH
O
5FM  GSFFQIPOF
5FM 1CY DBMMTDIBSHFE
5IJT BQQMJBODF JT MBCFMMFE JO BDDPSEBODF XJUI &VSPQFBO
%JSFDUJWF&6DPODFSOJOHVTFEFMFDUSJDBMBOE
FMFDUSPOJDBQQMJBODFTXBTUFFMFDUSJDBMBOEFMFDUSPOJD
FRVJQNFOU8&&&5IFHVJEFMJOFEFUFSNJOFTUIF
GSBNFXPSLGPSUIFSFUVSOBOESFDZDMJOHPGVTFE
BQQMJBODFTBTBQQMJDBCMFUISPVHIPVUUIF&6
/