✷✡ ➋☛☞ ❖✌✄ ✍❱ ✍ ✫ ✌❆✥ ✍ ✎✏☛❨ ☞ ✍❆✝✁
❲ ✁✂ ✄✁❆❨✱ ☎✆✝❨ ✞✽✱ ✟✠✞✽
BIZ & AG LIFE
➏➐➑➒➓➔➑→➣ ↔➣➔➏➑➒➐↕ →➙➙➐➑➏ →➛→➜➝➓ ➝➓ ➔➏↕ ↕➐➣➙➞➟➠➝➑➣→➔➛➐➡ ➢➟➠➔➛➐ ➡→➤➥ ➐➦➐➓➏
Not quite ready for Prime time
❇✑ ➂➃➃✖ ➄➆➅➃➃➈✔✖➃➉✓➈
✜✢ ➊❡✯➌✮✩✭r✮✯❡r
✲✐① ✈✸✴➍ ✹ ✰t❀q●❂
✼✿ ❏●■✼❂❃ ❈❄✿✺●t◆❉✿ ❁●❂❪✺
✿◆◆ ❀❂② t●❉◆ ❁●❃✿▲ ❀▼✺◆❉
◆❀❉❋② ■❉●❅❋◆t✿ ●❂ ➎❉✼t◆
❵❀② t◆❀❂✺ ■◆●■❋◆ ✺❉②✼❂❃ ✺●
✿❏●■ ❃●✺ ●❂❋② ✼t❀❃◆✿ ●▼ ❈❄✺◆
❈❀❂✼❂◆✿ ❁◆❋✼❑◆❉✼❂❃ ❀❂ ❀■●❋●❊
❃◆✺✼❈ t◆✿✿❀❃◆❝
❚❏◆ ✿❂❀❃✿ P●❂❁❀② ●❂ ✼✺✿
t❄❈❏❊❏②■◆❁ ➎❉✼t◆ ❵❀② ❍◆❉◆
❀❂ ◆t❅❀❉❉❀✿✿t◆❂✺ ▼●❉ ✺❏◆
✺◆❈❏ ❈●t■❀❂② ●❂ ✺❏◆ ✿❏●■❊
■✼❂❃ ❏●❋✼❁❀② ✼✺ ❈❉◆❀✺◆❁▲ ❀❂❁
■◆●■❋◆ ✺●●◗ ✺● ✿●❈✼❀❋ t◆❁✼❀ ✺●
❈●t■❋❀✼❂ ✺❏❀✺ ✺❏◆② ❈●❄❋❁❂❪✺
●❉❁◆❉ ✼✺◆t✿❝
✰t❀q●❂ ✿❀✼❁ ✼✺ ❍❀✿ ❉◆✿●❋❑❊
✼❂❃ ✺❏◆ ❃❋✼✺❈❏◆✿ ❀❂❁ ✼❂ ❀
✺❍◆◆✺ ❚❄◆✿❁❀② ❋❀❄❁◆❁ ➎❉✼t◆
❵❀② ❃❉●❍✺❏ ✼❂ ✺❏◆ s❉✿✺ ✺◆❂
❏●❄❉✿ ❈●t■❀❉◆❁ ✺● ❋❀✿✺ ②◆❀❉❝
❚❏◆ ◆❑◆❂✺ ✼✿ ✼❂ ▼●❄❉ ❂◆❍
❈●❄❂✺❉✼◆✿ ✺❏✼✿ ②◆❀❉ ❀❂❁ ✼✺❪✿
❉❄❂❂✼❂❃ ❋●❂❃◆❉❝
❚❏◆ ❏✼❈❈❄■✿▲ ✺❏●❄❃❏▲ ❈●❄❋❁
❏❀❑◆ ✿◆❂✺ ✿❏●■■◆❉✿ ◆❋✿◆❊
❍❏◆❉◆ ❁❄❉✼❂❃ ❀ ◗◆② ■◆❉✼●❁
❍❏◆❂ ✰t❀q●❂ ✿✼❃❂✿ ❄■ ❂◆❍
➎❉✼t◆ t◆t❅◆❉✿❝ P❀❂② ●✺❏◆❉
❈❏❀✼❂✿ ●▼▼◆❉◆❁ ✿❀❋◆✿ ❀❂❁ ■❉●❊
t●✺✼●❂✿ ✺● ✺❉② ✺● ❈❀■✼✺❀❋✼q◆
●❂ ✺❏◆ ➎❉✼t◆ ❵❀② ✿■◆❂❁✼❂❃❝
➇✶ ❀t ✿❏●❈◗◆❁ ✺❏✼✿ ❈❀❄❃❏✺
✺❏◆t ●▼▼ ❃❄❀❉❁▲❜ ❀❂❀❋②✿✺
❙❄❈❏❀❉✼✺❀ P❄❋■❄❉❄❊➍●❁❀❋✼
❀✺ ✳●❉❉◆✿✺◆❉ ✴◆✿◆❀❉❈❏ ❍❉●✺◆
✼❂ ❀❂ ◆t❀✼❋❝ ➇❘❄✺ ✶ ❃❄◆✿✿ ✺❏◆
❋◆✿✿●❂ ✼✿ ✺● ❂●✺ ❏❀❑◆ ❀ ❅✼❃
❄❂❑◆✼❋ ❁❄❉✼❂❃ ✺❏◆ t✼❁❁❋◆
●▼ ✺❏◆ ❁❀② ❍❏◆❂ ◆❑◆❉②●❂◆
❈●t◆✿ ✺● ②●❄❉ ✿✼✺◆ ❀❋❋ ❀✺
●❂❈◆❝❜
✰t❀q●❂▲ ❍❏✼❈❏ ❉◆❈◆❂✺❋②
❀❂❂●❄❂❈◆❁ ✺❏❀✺ ➎❉✼t◆
t◆t❅◆❉✿❏✼■ ❍●❄❋❁ ❅◆ ❃◆✺❊
✺✼❂❃ t●❉◆ ◆✾■◆❂✿✼❑◆▲ ❍❀✿
❏●■✼❂❃ ✺● ❋❄❉◆ ✼❂ ✿❏●■■◆❉✿
❅② ▼●❈❄✿✼❂❃ ●❂ ❂◆❍ ■❉●❁❄❈✺✿
❀❂❁ ❏❀❑✼❂❃ ①❏●❋◆ ✳●●❁✿ ❅◆
✮ ➫ ✯✰✯ ✱② ✲ ➨➩➫➺ ✴✴ ➺ ✵✰ ➺ ✶ ➫➺➼ ✷
❋ ÚÏ❒ ×✃ÖÕ t ✸ ❮ ✹ Ú❮ÐØ✃ â❮ÔÐÕ ✻ ✹ ×❮ÓÓ ÏÑÐ✃Ú ✼ ✃ÖÖ
❙ Õ✃Ý➱✃ÐÓ ✽ ÏÚÔÛÔÐ❮× ÏÑÐ✃Ú
➧➨➩➫➭➯➲ ➳➵ ➸➺➻➨➼➺ ➽ ➾➚➪➶ ➹➾➘➴➷➬➾
➮➱✃ ❐❒❮❰ÏÐ Ñ✃ÒÓÔÕ✃ Ö❮Ô×Ó ÕÏ ×Ï❮Ø ØÙÚÔÐÛ Õ➱✃ ÜÏ❒Ý❮ÐÞßÓ Ó✃×ÖàÝÚÏÜ×❮Ô❒✃Ø áâÚÔ❒✃ ã❮Þä
ÏÐ åÏÐØ❮Þæ➮➱ÔÓ ÔÓ Õ➱✃ ÖÏÙÚÕ➱ Þ✃❮Ú Õ➱❮Õ ❐❒❮❰ÏÐ ÔÓ ÏÖÖ✃ÚÔÐÛ Ò❮ÚÛ❮ÔÐÓ ❮ÐØ Ø✃❮×Ó Û❮×ÏÚ✃ ÕÏ
❐❒❮❰ÏÐ âÚÔ❒✃ Ó➱ÏÝÝ✃ÚÓ ÏÐ Õ➱ÔÓ ÏÐ✃àØ❮Þ ✃ç✃ÐÕæ
èé êë ìíîïðñò óíôì ïêõöíó
óíñë î÷÷ öõêøòùú
û üýþÿ ❤ ✐✁❤ ✂ ý ✄☎ ý ý ✉✆♦✝❤✄✐✞
❤❛❤✄✟✠✁ ❤✁ ✡♦ ❡✠✁❡ ☛❡✠❡❤ þÿ
■❀❉✺ ●▼ ✺❏◆ ■❉●❈◆✿✿❝ ✶✺ ❍❀✿
❀❋✿● ❏●■✼❂❃ ■❀❉◆❂✺✿ ❍●❄❋❁
❄✿◆ ✺❏◆ ❁◆❀❋✿ ◆❑◆❂✺ ✺● ♦❄t■
✿✺❀❉✺ ❅❀❈◗❊✺●❊✿❈❏●●❋ ✿❏●■❊
■✼❂❃❝
❯❀✿●❂ ❫●❋❁❅◆❉❃▲ ✿◆❂✼●❉
❑✼❈◆ ■❉◆✿✼❁◆❂✺ ●▼ ❈●tt◆❉❈◆
❀✺ ➎❄❅❋✼❈✼✿❝❙❀■✼◆❂✺▲ ❂●✺◆❁
✺❏❀✺ ✼✺❪✿ ◆❀✿② ▼●❉ ✰t❀q●❂
✺● ◆✾✺◆❂❁ ❁◆❀❋✿ ●❂ ✼✺✿ ●❍❂
❁◆❑✼❈◆✿ ❀❂❁ ❅❉❀❂❁✿▲ ❅❄✺
✺❉✼❈◗✼◆❉ ▼●❉ ✼✺ ✺● ◆✾✺◆❂❁ ❁◆❀❋✿
▼●❉ ✼✺✿ ✺❏✼❉❁❊■❀❉✺② ✿◆❋❋◆❉✿
❅◆❈❀❄✿◆ ✺❏◆② ✿✼❃❂◆❁ ❄■ ▼●❉
❁✼▼▼◆❉◆❂✺ ■❉●t●✺✼●❂❀❋ ✿❋●✺✿❝
①❏✼❋◆ ✰t❀q●❂ ❁●◆✿❂❪✺ ❁✼✿❊
❈❋●✿◆ ✿❀❋◆✿ s❃❄❉◆✿ ▼●❉ ➎❉✼t◆
❵❀②▲ ❵◆❅●❉❀❏ ①◆✼❂✿❍✼❃▲
✵✐✸ ●▼ ✵●❉◆✿✼❃❏✺ ✴◆✿◆❀❉❈❏▲
❏❀❁ ◆✿✺✼t❀✺◆❁ ❅◆▼●❉◆ ✼✺
❅◆❃❀❂ ✺❏❀✺ ✼✺ ❍✼❋❋ ❃◆❂◆❉❀✺◆
♣❩❝❳ ❅✼❋❋✼●❂ ✼❂ ✿❀❋◆✿ ❍●❉❋❁❊
❍✼❁◆▲ ❄■ ▼❉●t ❀❂ ◆✿✺✼t❀✺◆❁
♣❥❝❳ ❅✼❋❋✼●❂ ❋❀✿✺ ②◆❀❉❝ ➎❉✼t◆
❵❀② ❀❋✿● ❋❀✿✺✿ ✿✼✾ ❏●❄❉✿
❋●❂❃◆❉ ✺❏❀❂ ❋❀✿✺ ②◆❀❉❝
✶❂ ✐❄❉●■◆▲ ✰t❀q●❂ ◆t❊
■❋●②◆◆✿ ❍◆❉◆ ❄✿✼❂❃ ➎❉✼t◆
❵❀② ✺● ❁❉❀❍ ❀✺✺◆❂✺✼●❂ ✺●
✺❏◆✼❉ ❈●t■❋❀✼❂✺✿ ❀❃❀✼❂✿✺ ✺❏◆
❈●t■❀❂②❝ ❢❂✼●❂✿ ✼❂ ❙■❀✼❂
✿❀✼❁ t●✿✺ ●▼ ✺❏◆ ❈●t■❀❂②❪✿
❥▲✉✉✉ ■◆❉t❀❂◆❂✺ ✿✺❀▼▼ ✺❏◆❉◆
❍◆❉◆ ●❂ ❀ ✺❏❉◆◆❊❁❀② ✿✺❉✼◗◆
●❂ ❚❄◆✿❁❀②❝
✰t❀q●❂ ❈❉◆❀✺◆❁ ➎❉✼t◆
❵❀② ✼❂ ❥✉❦❬ ✺● t❀❉◗ ✼✺✿
❥✉✺❏ ❀❂❂✼❑◆❉✿❀❉②▲ ❀❂❁ ✼✺✿
✿❄❈❈◆✿✿ ❏❀✿ ✼❂✿■✼❉◆❁ ●✺❏◆❉
◆❊❈●tt◆❉❈◆ ❈●t■❀❂✼◆✿ ✺●
✼❂❑◆❂✺ ✿❏●■■✼❂❃ ❏●❋✼❁❀②✿❝
✸❂❋✼❂◆ ▼❄❉❂✼✺❄❉◆ ✿◆❋❋◆❉ ①❀②❊
▼❀✼❉ ✼❂✺❉●❁❄❈◆❁ ①❀② ❵❀② ✼❂
✰■❉✼❋▲ ❅◆❈●t✼❂❃ ✼✺✿ ❅✼❃❃◆✿✺
❉◆❑◆❂❄◆ ❁❀② ◆❑◆❉❝
➎❉✼t◆ ❵❀② ❀❋✿● ❄✿❄❀❋❋②
❏◆❋■✿ ❅●●✿✺ ✺❏◆ ❂❄t❅◆❉ ●▼
➎❉✼t◆ t◆t❅◆❉✿❏✼■✿❝ ✰t❀❊
q●❂ ❁✼✿❈❋●✿◆❁ ▼●❉ ✺❏◆ s❉✿✺
✺✼t◆ ✺❏✼✿ ②◆❀❉ ✺❏❀✺ ✼✺ ❏❀❁
t●❉◆ ✺❏❀❂ ❦✉✉ t✼❋❋✼●❂ ■❀✼❁
➎❉✼t◆ t◆t❅◆❉✿ ❍●❉❋❁❍✼❁◆❝
✶✺❪✿ ❏●■✼❂❃ ✺● ◗◆◆■ ➎❉✼t◆
❀✺✺❉❀❈✺✼❑◆ ▼●❉ ❈❄❉❉◆❂✺ ❀❂❁
❍●❄❋❁❊❅◆ ✿❄❅✿❈❉✼❅◆❉✿ ❀▼✺◆❉
❉❀✼✿✼❂❃ ✺❏◆ ❢❝❙❝ ❀❂❂❄❀❋
t◆t❅◆❉✿❏✼■ ▼◆◆ ❅② ❥✉ ■◆❉❊
❈◆❂✺ ✺● ♣❦❦♠ ❀❂❁ ✺● ♣❦❥❝♠♠
▼●❉ ✺❏◆ t●❂✺❏❊✺●❊t●❂✺❏
●■✺✼●❂❝
➇✶✺ ❏❀✿ ❅◆◆❂ ●❂◆ ●▼ ✺❏◆
❅◆✿✺ ❑◆❏✼❈❋◆✿❜ ▼●❉ ✿✼❃❂✼❂❃ ❄■
t◆t❅◆❉✿▲ ❫●❋❁❅◆❉❃ ✿❀✼❁❝
Netflix falls short of growth target
❇✑ ✒✓✔❤✕✖✗ ✘✓✖✙✚✛✖
✜✢✣❡✤✦✧★✩★✪✬✭r✮✯❡r
❙✰✲ ✳✴✰✲✵✶❙✵✸ ✹
✲◆✺✻✼✾ ✼✿ ❀❁❁✼❂❃ ✿❄❅✿❈❉✼❅❊
◆❉✿ ❀✺ ❀ ✿❋●❍◆❉ ■❀❈◆ ✺❏❀❂
◆❂❑✼✿✼●❂◆❁▲ ❉◆❂◆❍✼❂❃ ▼◆❀❉✿
✺❏❀✺ ✼✺✿ ❃❉●❍✺❏ t❀② ✿■❄✺❊
✺◆❉ ❀✿ ✺❏◆ ❑✼❁◆● ✿✺❉◆❀t✼❂❃
✿◆❉❑✼❈◆ ✺❉✼◆✿ ✺● ▼◆❂❁ ●▼▼ s◆❉❈◆❉
❈●t■◆✺✼✺✼●❂❝
❚❏◆ ❂❄t❅◆❉✿ ❉◆❋◆❀✿◆❁
P●❂❁❀② t❀❉◗ ❀ ❉❀❉◆ ❋◆✺❁●❍❂
▼●❉ ❀ ❈●t■❀❂② ✺❏❀✺ ❏❀✿
◆❂✺❏❉❀❋❋◆❁ ✼❂❑◆✿✺●❉✿ ❍✼✺❏
✼✺✿ ❀❅✼❋✼✺② ✺● ❈●❂✿✼✿✺◆❂✺❋② ✺●■
◆✾■◆❈✺❀✺✼●❂✿❝
❘❄✺ ✲◆✺✻✼✾ t✼✿✿◆❁ ✼✺✿ ✺❀❉❊
❃◆✺ ❅❀❁❋② ✼❂ ✺❏◆ ✰■❉✼❋❊❯❄❂◆
■◆❉✼●❁▲ ❈❀❄✿✼❂❃ ✼✺✿ ❏✼❃❏❊✻②✼❂❃
✿✺●❈◗ ✺● ■❋❄tt◆✺ ❅② ❀❅●❄✺ ❦❳
■◆❉❈◆❂✺ ✺● ♣❩❳❬❝❭❩ ✼❂ ◆✾✺◆❂❁❊
◆❁ ✺❉❀❁✼❂❃❝❚❏◆ ✿❏❀❉◆✿ ❏❀❁
t●❉◆ ✺❏❀❂ ❁●❄❅❋◆❁ ❅◆▼●❉◆ ✺❏◆
✿◆❋❋❊●▼▼❝ ✶▼ ✺❏◆ ✿✺●❈◗ ■❋❄❂❃◆✿
●❂ ✺❏◆ ✿❀t◆ ✺❉❀♦◆❈✺●❉② ❁❄❉❊
✼❂❃ ❚❄◆✿❁❀②❪✿ ❉◆❃❄❋❀❉ ✺❉❀❁✼❂❃
✿◆✿✿✼●❂▲ ✼✺ ❍✼❋❋ ❅◆ ✺❏◆ ✿✺◆◆■◆✿✺
❁❉●■ ✼❂ ❂◆❀❉❋② ▼●❄❉ ②◆❀❉✿❝
✶❂ ❀ ❉◆✿◆❀❉❈❏ ❂●✺◆▲ ❫❘❴
✶❂✿✼❃❏✺✿ ❀❂❀❋②✿✺ ❵❀❂✼◆❋ ✶❑◆✿
❈❀❋❋◆❁ ✺❏◆ ✿◆❈●❂❁❊❛❄❀❉✺◆❉
✿❏●❍✼❂❃ ➇❀ ❂◆❀❉❊✺◆❉t ❃❄✺
■❄❂❈❏❜ ✺● ✲◆✺✻✼✾❝
❚❏◆ ❈●t■❀❂② ❃❀✼❂◆❁ ❬❝❦
t✼❋❋✼●❂ ✿❄❅✿❈❉✼❅◆❉✿ ❍●❉❋❁❊
❍✼❁◆ ❁❄❉✼❂❃ ✺❏◆ ❛❄❀❉✺◆❉▲
t●❉◆ ✺❏❀❂ ❦ t✼❋❋✼●❂ ❅◆❋●❍
✺❏◆ ❂❄t❅◆❉ ✺❏❀✺ t❀❂❀❃◆❊
t◆❂✺ ❏❀❁ ❅◆❋✼◆❑◆❁ ✼✺ ❈●❄❋❁❝
✶✺ t❀❉◗◆❁ ✺❏◆ s❉✿✺ ✺✼t◆ ✼❂ ❀
t●❉◆ ✺❏❀❂ ❀ ②◆❀❉ ✺❏❀✺ ✲◆✺✻✼✾
❏❀❁❂❪✺ ◆✾❈◆◆❁◆❁ ✼✺✿ ✿❄❅❊
✿❈❉✼❅◆❉ ❃❉●❍✺❏ ■❉●♦◆❈✺✼●❂✿❝ ✰✿
●▼ ❯❄❂◆ ❩✉▲ ✲◆✺✻✼✾ ❏❀❁ ❦❩✉
t✼❋❋✼●❂ ✿❄❅✿❈❉✼❅◆❉✿▲ ✼❂❈❋❄❁✼❂❃
❬❞❝❳ t✼❋❋✼●❂ ✼❂ ✺❏◆ ❢❝❙❝
✲◆✺✻✼✾ ■❉◆❁✼❈✺◆❁ ✼✺ ❍✼❋❋
❀❁❁ ❬ t✼❋❋✼●❂ ✿❄❅✿❈❉✼❅◆❉✿ ✼❂
✺❏◆ ❈❄❉❉◆❂✺ ❛❄❀❉✺◆❉▲ ❍❏✼❈❏
◆❂❁✿ ✼❂ ❙◆■✺◆t❅◆❉▲ ✿❋✼❃❏✺❋②
✿❋●❍◆❉ ✺❏❀❂ ✺❏◆ ■❀❈◆ ❀ ②◆❀❉
❀❃●❝❚❏◆ ✿■❉✼❂❃ ❀❂❁ ✿❄tt◆❉
t●❂✺❏✿ ✺❉❀❁✼✺✼●❂❀❋❋② t❀❉◗
✲◆✺✻✼✾❪✿ t●✿✺ ✿❋❄❃❃✼✿❏ ■◆❉✼●❁
❀✿ t●❉◆ ■◆●■❋◆ ❃● ●❂ ❑❀❈❀❊
✺✼●❂ ❀❂❁ ✿■◆❂❁ ✺✼t◆ ●❄✺✿✼❁◆
✼❂✿✺◆❀❁ ●▼ ❍❀✺❈❏✼❂❃ ❑✼❁◆●❝
❵◆✿■✼✺◆ ✼✺✿ ✿◆❈●❂❁❊❛❄❀❉✺◆❉
t✼✿s❉◆ ●❂ ✿❄❅✿❈❉✼❅◆❉ ❃❉●❍✺❏▲
✺❏◆ ❣●✿ ❫❀✺●✿▲ ✵❀❋✼▼●❉❂✼❀▲
❈●t■❀❂② ❉◆■●❉✺◆❁ ◆❀❉❂✼❂❃✿
✺❏❀✺ ❅◆❀✺ ❀❂❀❋②✿✺ ◆✿✺✼t❀✺◆✿❝
✐❀❉❂✼❂❃✿ ❃❉◆❍ ❩❥ ■◆❉❈◆❂✺
▼❉●t ❋❀✿✺ ②◆❀❉ ✺● ♣❩❧❳ t✼❋❊
❋✼●❂▲ ●❉ ❧❬ ❈◆❂✺✿ ■◆❉ ✿❏❀❉◆❝
✴◆❑◆❂❄◆ ❈❋✼t❅◆❁ ❭ ■◆❉❈◆❂✺ ✺●
♣❩❝♠ ❅✼❋❋✼●❂❝
❘❉✼❂❃✼❂❃ ✼❂ t●❉◆ ✿❄❅✿❈❉✼❅❊
◆❉✿ ❀❂❁ t●❂◆② ✼✿ ❑✼✺❀❋ ▼●❉
✲◆✺✻✼✾ ❅◆❈❀❄✿◆ ✼✺ ◆✾■◆❈✺✿
✺● ◗◆◆■ ✿■◆❂❁✼❂❃ t●❉◆ ●❂
◆✾❈❋❄✿✼❑◆ ❚♥ ✿❏●❍✿ ❀❂❁ t●❑❊
✼◆✿ ✺● ✺❉② ✺● ✿✺❀❂❁ ●❄✺ ▼❉●t
❉✼❑❀❋✿❝ ❚❏◆ ❈●t■❀❂② ❍✼❋❋
③④⑤⑥⑥⑤③
⑦⑧⑨⑩❶⑨❷❸❹ ❺❻⑧❼ ❽❾❿❸ ➀➁
✸❉✼❃✼❂❀❋❋②▲ ✿❏◆ t❀❁◆ ●❂◆ ◆✾❀t■❋◆ ●▼ ◆❀❈❏
❁◆✿✼❃❂▲ ❅❄✺ ❀✿ ■◆●■❋◆ ✿❀❍ ✺❏◆t ❀❂❁ ❍❀❂✺◆❁
❈●■✼◆✿▲ ✿❏◆ ❏✼❉◆❁ ❄■ ✺● s❑◆ ✿◆❀t✿✺❉◆✿✿◆✿ ✼❂
✲●❉✺❏ ✵❀❉●❋✼❂❀ ✺● ❉◆■❉●❁❄❈◆ ✺❏◆ ❁❉◆✿✿◆✿ ✺● s❋❋
✺❏●✿◆ ●❉❁◆❉✿❝
①❏◆❂ ✿❏◆ t●❑◆❁ ✺● ❣❀ ❫❉❀❂❁◆ ❀❅●❄✺ s❑◆
②◆❀❉✿ ❀❃● ✺● ❃◆✺ t❀❉❉✼◆❁▲ ✿❏◆ ❅❉●❄❃❏✺ ●❂◆
❉❀❈◗ ●▼ ❈❋●✺❏◆✿❝ ❙❏◆ ❀❋✿● ✺❉❀❂✿✼✺✼●❂◆❁ ▼❉●t
✿◆❀t✿✺❉◆✿✿◆✿ ✺● t❀✿✿ ■❉●❁❄❈✺✼●❂▲ ❍●❉◗✼❂❃
❍✼✺❏ ✺❍● ▼❀❈✺●❉✼◆✿▲ ●❂◆ ❁●t◆✿✺✼❈ ❀❂❁ ●❂◆
▼●❉◆✼❃❂❝
❙✼❂❈◆ ①❀❋✺◆❉❪✿ ❁❉◆✿✿◆✿ ❀❉◆ ✼❂✺◆❂✺✼●❂❀❋❋②
❁◆✿✼❃❂◆❁ ✺● ❅◆ t●❁◆✿✺ ✼❂ ❀■■◆❀❉❀❂❈◆▲ ✺❏◆②
❉◆❛❄✼❉◆ t●❉◆ ▼❀❅❉✼❈▲ ❀❂❁ ✼✺ ✺❀◗◆✿ t●❉◆ ✺✼t◆▲
✿❏◆ ✿❀✼❁▲ ✺● ■❉●❈◆✿✿ ✺❏◆ ✿❀t■❋◆✿ ✺● t❀◗◆ ✿❄❉◆
✺❏◆ ❂◆❈◗❋✼❂◆▲ ✿❋◆◆❑◆✿ ❀❂❁ ❋◆❂❃✺❏ ❀❉◆ ❉✼❃❏✺❝
✳✼❂❁✼❂❃ ✺❏◆ ❉✼❃❏✺ ■❋❀❈◆ ▼●❉ ❏◆❉ ❅❄✿✼❂◆✿✿
❍❀✿ ❀❋✿● ❀ ■❉●❈◆✿✿❝ ✰✺ s❉✿✺▲ ✿❏◆ ❀❂❁ ❏◆❉
❏❄✿❅❀❂❁ ❍●❉◗◆❁ ▼❉●t ✺❏◆✼❉ ❏●t◆ ●❂ ❵◆■●✺
❙✺❉◆◆✺❝ ❚❏◆❂ ✺❏◆② t●❑◆❁ ✺● ✺❍● ✿✺●❉◆▼❉●❂✺✿
●❂ ✳✼❉ ❙✺❉◆◆✺▲ ❅❄✺ ●❄✺❃❉◆❍ ✺❏❀✺ ✿■❀❈◆ ❀▼✺◆❉ ❀
②◆❀❉❝
✿■◆❂❁ ❀✿ t❄❈❏ ❀✿ ♣❧ ❅✼❋❋✼●❂
●❂ ■❉●❃❉❀tt✼❂❃ ✺❏✼✿ ②◆❀❉❝
✶❑◆✿ ◆✾■◆❈✺✿ ✲◆✺✻✼✾ ✺● ■●❄❉
❀❂●✺❏◆❉ ♣❦✉ ❅✼❋❋✼●❂ ✼❂✺● ✼✺✿
❑✼❁◆● t✼✾ ❂◆✾✺ ②◆❀❉❝
✲◆✺✻✼✾ ❀❋❉◆❀❁② ❏❀✿ ❅◆◆❂
❅❀✺✺❋✼❂❃ ❈❏❀❋❋◆❂❃◆✿ ▼❉●t ✰t❊
❀q●❂▲ ❫●●❃❋◆❪✿ ✈●❄❚❄❅◆ ❀❂❁
❴❄❋❄ ✼❂ ✺❏◆ ❑✼❁◆● ✿✺❉◆❀t✼❂❃
t❀❉◗◆✺▲ ❀❂❁ ✼✺ ✼✿ ❋✼◗◆❋② ✺● ▼❀❈◆
◆❑◆❂ ✿✺✼▼▼◆❉ ❈●t■◆✺✼✺✼●❂ ❀✿
●✺❏◆❉ ▼●❉t✼❁❀❅❋◆ ❉✼❑❀❋✿ ✺❉② ✺●
t❄✿❈❋◆ ✼❂✺● ✺❏◆ t❀❉◗◆✺❝
✰❚✇❚ ♦❄✿✺ ❅●❄❃❏✺ ❚✼t◆
①❀❉❂◆❉ ▼●❉ ♣❧❦ ❅✼❋❋✼●❂ ✼❂ ❀
❁◆❀❋ ✺❏❀✺ ✼❂❈❋❄❁◆✿ ❴❘✸ ✹ ❀
■❀② ❚♥ ❀❂❁ ❑✼❁◆● ✿✺❉◆❀t✼❂❃
✿◆❉❑✼❈◆ ✺❏❀✺ ✰❚✇❚ ■❋❀❂✿ ✺●
◆✾■❀❂❁ ✼❂ ❀❂ ❀✺✺◆t■✺ ✺● ❋❄❉◆
t●❉◆ ❑✼◆❍◆❉✿ ❀❍❀② ▼❉●t
✲◆✺✻✼✾❝ ✰❂❁ ①❀❋✺ ❵✼✿❂◆②
✼✿ ❏●■✼❂❃ ✺● ❈❋●✿◆ ●❂ ❀ ♣❞❦
❅✼❋❋✼●❂ ❁◆❀❋ ✺● ❅❄② ■❉✼q◆❁ ◆❂❊
✺◆❉✺❀✼❂t◆❂✺ ▼❉❀❂❈❏✼✿◆✿ ▼❉●t
❥❦✿✺ ✵◆❂✺❄❉② ✳●✾ ✺● ▼◆◆❁ ✼❂✺●
❀ ❑✼❁◆● ✿✺❉◆❀t✼❂❃ ✿◆❉❑✼❈◆
❵✼✿❂◆② ❍✼❋❋ ❁◆❅❄✺ ❂◆✾✺ ②◆❀❉❝
P◆❀❂❍❏✼❋◆▲ ✰■■❋◆ ✹ ✺❏◆
❍●❉❋❁❪✿ t●✿✺ ❑❀❋❄❀❅❋◆ ❈●t❊
■❀❂② ✹ ✼✿ ✿■◆❂❁✼❂❃ ❀❅●❄✺ ♣❦
❅✼❋❋✼●❂ ●❂ ●❉✼❃✼❂❀❋ ■❉●❃❉❀t❊
t✼❂❃ ▼●❉ ❀ ❑✼❁◆● ✿◆❉❑✼❈◆ ●▼ ✼✺✿
●❍❂❝
➇✴✼❃❏✺ ❂●❍▲ ✲◆✺✻✼✾ ✼✿ ✿✺✼❋❋
t✼❋◆✿ ❀❏◆❀❁ ●▼ ✼✺✿ ❈❋●✿◆✿✺
❈●t■◆✺✼✺●❉▲ ❅❄✺ ✺❏◆❉◆ ✼✿ ❃●✼❂❃
✺● ❅◆ ❀ ❃✼❀❂✺ ❅❄❋❋✿❊◆②◆ ●❂
➇❚❏◆❂ ❍◆ ❍◆❂✺ ✺● ❥❥❦✉ ❯◆▼▼◆❉✿●❂ ✰❑◆❂❄◆▲❜
①❀❋✺◆❉ ✿❀✼❁❝ ➇❚❏❀✺ ❍❀✿ ✺❏◆ ❋❀❉❃◆✿✺ ✿■●✺ ❍◆
❈●❄❋❁ s❂❁ ✼❂ ❣❀ ❫❉❀❂❁◆ ✺● ❉◆❂✺❝ ✶✺ ❍❀✿ ❀
❅❋◆✿✿✼❂❃▲ ❅❄✺ ✼✺ ♦❄✿✺ ❍❀✿❂❪✺ ✼❁◆❀❋ ▼●❉ ❀ ❈❋●✺❏✼❂❃
❅❄✿✼❂◆✿✿ ❅◆❈❀❄✿◆ ✼✺ ❄✿◆❁ ✺● ❅◆ ❀ ❈●❂✿✺❉❄❈✺✼●❂
✿❏●■❝❜
✰✿ ❀ ❉◆✿❄❋✺▲ ✺❏◆② ✿✺❀❉✺◆❁ ❈●❂✿✺❉❄❈✺✼●❂ ●❂
❀ ❂◆❍ ❵❀✼❂✺② ❯◆❍◆❋❋ ▼❀❈✼❋✼✺② ✼❂ P❀② ❥✉❦❞
❀❂❁ ❈●t■❋◆✺◆❁ ✼✺ ✼❂ ❯❀❂❄❀❉② ❥✉❦❧❝ ❚❏◆ ❂◆❍▲
✺❍●❊✿✺●❉② ▼❀❈✼❋✼✺② ❏❀✿ s❑◆ ❉●●t✿ ❄■✿✺❀✼❉✿❝ ✸❂
✺❏◆ ❃❉●❄❂❁ ❋◆❑◆❋ ✼✿ ✺❏◆ t❀✼❂ ✿✺●❉◆ ❀❂❁ ❀ ❋❀❉❃◆▲
●❂◆❊❉●●t ❍❀❉◆❏●❄✿◆ ❍✼✺❏ ❉●❍✿ ●▼ ✼❂❑◆❂✺●❉②
✿❏◆❋❑✼❂❃❝
➇✶❂✿✺❀❂✺❋②▲ ❍❏◆❂ ❍◆ t●❑◆❁ ❏◆❉◆▲ ✺❏◆ ●❉❁◆❉
▼❄❋s❋❋t◆❂✺ ✺◆❀t ❍❀✿ t●❉◆ ◆▼s❈✼◆❂✺▲ ❃●✼❂❃
❁●❍❂ ◆❀❈❏ ❉●❍ ✼❂✿✺◆❀❁ ●▼ ❉❄❂❂✼❂❃ ✺● ❁✼▼▼◆❉◆❂✺
❉●●t✿ ✺● ■❄❋❋ ✼❂❑◆❂✺●❉②▲❜ ①❀❋✺◆❉ ✿❀✼❁❝
❚❏◆ ①❀❋✺◆❉✿ ✼❂❑✼✺◆ ◆❑◆❉②●❂◆ ✺● ✿✺●■ ✼❂ ❀❂❁
✿◆◆ ✺❏◆ ❂◆❍ ✿✺●❉◆ ❀❂❁ ❍❀❉◆❏●❄✿◆ ❅◆✺❍◆◆❂
❦ ■❝t❝ ❀❂❁ ❬ ■❝t❝ ❯❄❋② ❥❧❝ ❚❏◆② ❍✼❋❋ ❃✼❑◆ ✺●❄❉✿
❀❂❁ ●▼▼◆❉ s❂❃◆❉ ▼●●❁✿ ✺❏❉●❄❃❏●❄✺ ✺❏◆ ◆❑◆❂✺▲
❀❂❁ ✺❏◆❉◆ ✼✿ ■❋◆❂✺② ●▼ ●▼▼❊✿✺❉◆◆✺ ■❀❉◗✼❂❃❝
✳●❉ t●❉◆ ✼❂▼●❉t❀✺✼●❂ ❀❅●❄✺ ✺❏◆ ❃❉❀❂❁
●■◆❂✼❂❃ ●❉ ✺❏◆ ❈❋●✺❏✼❂❃ ❋✼❂◆✿▲ ❃● ✺● ❍❍❍❝❁❀✼❂❊
✺②♦◆❍◆❋❋✿❝❈●t ●❉ ❈❀❋❋ ❦❊❧✉✉❊❭❭❩❊❦❬♠❳❝
✲◆✺✻✼✾❪✿ ❅❀❈◗ ❁❄❉✼❂❃ ✺❏◆
❂◆✾✺ ❦❧ ✺● ❥❳ t●❂✺❏✿▲❜ ✶❑◆✿
■❉◆❁✼❈✺◆❁ ✼❂ ❀❂ ✼❂✺◆❉❑✼◆❍❝
ãÏÐ ❙ Õ✃Ý➱✃ÐÓ ❮ÐØ Û×❮ÓÓ
❒❮Ð❮Û✃Ú ♠ ✃çÔÐ ãÏÐ❮×ØÓÏÐ ÝÏÓ✃ ÔÐÓÔØ✃ Õ➱✃ ❐Ø❮❒Ó
❐ç✃ÐÙ✃ ÓÕÏÚ✃ Õ➱❮Õ ÑÔ×× Ü✃×✃ÒÚ❮Õ✃ ✈✾ Þ✃❮ÚÓ ÏÖ ÒÙÓÔà
Ð✃ÓÓ ✼ Ù×Þ ✿✾ æ
✺☞ ✌ ⑤ ✍ ④⑥
⑦⑧⑨⑩❶⑨❷❸❹ ❺❻⑧❼ ❽❾❿❸ ➀➁
✳✼▼✺② ②◆❀❉✿ ✼❂ ❅❄✿✼❂◆✿✿ ✼✿ ❂● ✿t❀❋❋ ▼◆❀✺▲❅❄✺ ❀❈❈●❉❁✼❂❃ ✺●
❵●❂ ❙✺◆■❏◆❂✿▲✺❏◆ ▼❀t✼❋②❪✿ ✿❄❈❈◆✿✿ ❈❀❂ ❅◆ ❀✺✺❉✼❅❄✺◆❁ ✺● ✺❍●
✺❏✼❂❃✿❝
➇❙◆❉❑✼❈◆ ❍❀✿ ✺❏◆ t❀✼❂✺❏✼❂❃ ✺❏❀✺ ❅❄✼❋✺ ✺❏◆ ❅❄✿✼❂◆✿✿▲❜❏◆
✿❀✼❁❝➇❫●●❁ ✿◆❉❑✼❈◆ ❀❂❁ ❏●❂◆✿✺②❝❜
✶❂ ✿■◆❀◗✼❂❃ ●▼ ❈❄✿✺●t◆❉ ✿◆❉❑✼❈◆▲ ❯◆▼▼ ❈●❂❈❄❉✿ ✺❏❀✺
➇✺❏◆ ❅◆✿✺ ✺❏✼❂❃ ✶ ✺❏✼❂◗ ✶❪❑◆ ❋◆❀❉❂◆❁ ✼✿ ✺● ✺❉② ❀❂❁ ❅◆ ❀
■❀❉✺ ●▼ ◆❑◆❉②❅●❁②❪✿ ♦●❅❝ ✲●✺ ♦❄✿✺ ✿●t◆❅●❁② ✺❏◆②❪❉◆ ❈●t❊
✼❂❃ ✺● ✿◆◆ ❅❄✺ ❀ ■❀❉✺❂◆❉▲❜ ❏◆ ✿❀✼❁❝ ➇❚❏◆❉◆❪✿ ❀ ❈❏◆❀■◆❉
■❋❀❈◆ ✼❂ ✺●❍❂ ✺● ❅❄② ■❀✼❂✺ ♣ ❅❄✺ ✎ ❍◆❪❉◆ ❃●✼❂❃ ✺● ❏◆❋■ ②●❄
❃◆✺ ✺❏◆ ❉✼❃❏✺ ❈●❋●❉▲ ❍◆❪❉◆ ❃●✼❂❃ ✺● ✿◆❋❋ ②●❄ ❀ ♣ ❛❄❀❋✼✺②
■❉●❁❄❈✺ ✎ ❝ ❘◆❈❀❄✿◆ ✼▼ ✶❪t ❂●✺ ✺❉②✼❂❃ ✺● ❅◆ ✺❏❀✺ ■◆❉✿●❂
✺● ✺❏◆t▲ ✶❪t ❂●✺ ❃●✼❂❃ ✺● s❂❁ ●❄✺ ◆❑◆❉②✺❏✼❂❃ ✶ ❂◆◆❁ ✺●
◗❂●❍ ✺● ✿◆❋❋ ✺❏◆t ✺❏◆ ❉✼❃❏✺ ❃●●❁✿ ▼●❉ ✺❏◆ ✿■◆❈✼s❈ ♦●❅
✺❏❀✺ ✺❏◆②❪❉◆ ✼❂❝ ✶ ✺❉② ✺● ✼❂✿✺✼❋❋ ♣ ✺❏❀✺ ■❏✼❋●✿●■❏② ✎ ✼❂ t②
◆t■❋●②◆◆✿▲ ❀✿ ❍◆❋❋❝❜
✴◆▼❋◆❈✺✼❂❃ ●❂ ❁◆❈❀❁◆✿ ●▼ ❍●❉◗ ❀❂❁ ✿◆❉❑✼❈◆ ✺● ✺❏◆ ❈●t❊
t❄❂✼✺②▲✺❏◆ ▼❀t✼❋② ❏❀✿ ❂●✺❏✼❂❃ ❅❄✺ ❃❉❀✺✼✺❄❁◆❝
➇✶❪t ✺❏❀❂◗▼❄❋ ▼●❉ ◆❑◆❉②❅●❁② ✺❏❀✺ ❏❀✿ ❈●t◆ ✼❂✺● ✺❏◆ ❅❄✿✼❊
❂◆✿✿ ❀❂❁ ❈●❂✺✼❂❄◆✿ ✺● ❅◆ ❀ ❈❄✿✺●t◆❉▲❜❯◆▼▼ ✿❀✼❁❝➇✈●❄❪❑◆ ❃●✺
✺● ❅◆ ❀■■❉◆❈✼❀✺✼❑◆ ❀▼✺◆❉ ✺❏❀✺ t❄❈❏ ✺✼t◆❝①◆❪❉◆ ❑◆❉② ✺❏❀❂◗❊
▼❄❋ ▼●❉ ❀❋❋ ✺❏◆ ■◆●■❋◆ ✺❏❀✺ ❏❀❑◆ ■❀❉✺✼❈✼■❀✺◆❁ ✼❂ ❄✿ ❅◆✼❂❃ ❏◆❉◆
✺●❁❀②❝❜
➇✰ ❋●✺ ●▼ t② ❈❄✿✺●t◆❉✿ ❍◆❉◆ ●❉✼❃✼❂❀❋ ❈❄✿✺●t◆❉✿ ▼❉●t ❁❀②
●❂◆▲❜❵●❂ ❀❁❁◆❁▲➇❍❏✼❈❏ t◆❀❂✿ ❀ ❋●✺❝❜
✰ ❬✉✺❏ ❀❂❂✼❑◆❉✿❀❉② ❈◆❋◆❅❉❀✺✼●❂ ❍✼❋❋ ❅◆ ❏◆❋❁ ❀✺ ❣❀ ❫❉❀❂❁◆
➎❀✼❂✺ ❀❂❁ ❫❋❀✿✿ ❯❄❋② ❥✉ ▼❉●t ❦❦ ❀❝t❝✺● ❦ ■❝t❝▲✼❂❈❋❄❁✼❂❃
❉❀▼▼❋◆✿ ❀❂❁ ❃✼❑◆❀❍❀②✿▲❀ ✿✺●❉◆❍✼❁◆ ✿❀❋◆ ❀❂❁▲●▼ ❈●❄❉✿◆▲▼●●❁❝
❈✏✑✒✓✔✒ ❆✕✖✗✘✙ ✚✏✛✘ ✓✒ ✜✢✣✤✥✦✧✤✧✣✦✣ ✏✗ ✘★✓✩✪ ✓✪✏✛✘✫
✪✓❧✗✓✑✖✘✏✬✭✘✗✛✘✗✳✔✏★✳