!"#$%!K!'()!*!
3)#@#5//#63!%6!815''5-6!,)8'%63%!(6!1#>51(1!?-(!(6!15651(1B!7%!)#D-66%1%63!7#6'!
/#! 75)%235-6! u!,-()!/#!,-/#)5'#35-6!eN! #/-)'! %//%! ,)8'%63%! 8$#/%1%63! (6! 1#>51(1!
?)%',%235@%1%63!(6!15651(1B!7#6'!2%33%!1Y1%!75)%235-6!%3!,-()!/#!1Y1%!,-/#)5'#35-6!
/-)'4(:%//%!3)#@#5//%!%6!783%235-6C!
!
&C Z;56!7:#18/5-)%)!/#!)82%,35-6!%3!#;56!7%!2J-5'5)!(6!81%33%()!,#)352(/5%)N!5/!%'3!(35/%!
7%!75',-'%)!7:(6%!#63%66%!75)%235@%C!L>,/54(%)!,-()4(-5!-6!7-53!,/#2%)!/:#63%66%!
J-)5M-63#/%1%63!%3!6-6!,#'!@%)352#/%1%63C!
HC +#! ,)8'%62%! 7:511%(./%'! 8/%@8'! #(! @-5'56#$%! 7:(6%! #63%66%! ,)-@-4(%! 7%'!
)8;/%>5-6'C!96!,%(3!#/-)'!2#,3%)!7%'!'5$6#(>!%6!,)-@%6#62%!75)%23%!7%!/:81%33%()!
%3!7%'!'5$6#(>!4(5!'%!'-63!)8;/82J5'!'()!/%'!511%(./%'C!Q%/#!,%(3!,)-@-4(%)!7%'!
51#$%'! 7-(./%'! 782#/8%'! 4(5! $Y6%63! /#! @5'5-6C! L>,/54(%)! ,-()4(-5! 2%3! %;;%3! %'3!
1-56'! 1#)4(8! /-)'4(%! /%'! #63%66%'! '-63! ,/#28%'! 7#6'! (6! ,/#6! J-)5M-63#/! ,#)!
)#,,-)3!#(!2#'!-[!/%'!#63%66%'!'-63!,/#28%'!@%)352#/%1%63C!?/%'!511%(./%'!'-63!
#''515/#./%'!<!7%'!15/5%(>!7:56752%!HBC!
!
96!2-6'570)%!/%!2#'!7%!;5$()%!'(5@#63!F!/%!;5/!81%33%()!%'3!#''515/8!<!(6!75,U/%!p!,/#28!%6!<%
6%(!#(S7%''('!7:(6!,/#6!,#);#53%1%63!2-67(23%()!,/#28!%6!%<6%:C!+%!75,U/%!p!%'3!'(5@#63!/#!
75)%235-6!9MN!parallèle!#(!,/#6!<%6%:C!
!
KC +#! ,)8'%62%! 7:(6! ,/#6! )8;/%23%()! ,%(3! '%! 3)#7(5)%! ,#)! /#! ,)5'%! %6! 2-1,3%! 7:(6!
7%(>501%!75,U/%N!51#$%!7%!p!,#)!/%!,/#6!,#);#53%1%63!2-67(23%()C!9[!%'3!,/#28!2%!
75,U/%!51#$%!%3!4(%/!%'3!'-6!1-1%63!75,-/#5)%!T!
*C 96!#,,%//%!E!/%!2J#1,!8/%23)54(%!)#D-668!,#)!/%!75,U/%!pC!\(%/!%'3!/%!2J#1,!3-3#/!
E3-3')#D-668!%6!2J#1,!/-563#56!T!
PC 96! '-(J#53%! 4(%! /%! )#D-66%1%63! '-53! 1#>51#/! 7#6'! /#! 75)%235-6! 9>C! ]! 4(%//%!
75'3#62%!(!/%!75,U/%!7-53S5/!'%!'53(%)!7(!,/#6!)8;/%23%()!T!
2223 >70%)7-?.&@(&,7)&()A70%)*07&@(&,7)
96!2-6'570)%!1#563%6#63!(6%!#63%66%!2-6'353(8%!7%!7%(>!;5/'!,#)#//0/%'!<!/:#>%!?9MBC!+%!
,)%15%)!;5/N!,/#28!%6!<%6%:N!%'3!)%/58!#(!;5/!7:#63%66%!?2=./%!2-#>5#/B!%3!#,,%/8!81%33%()!^!/%!
'%2-67! ;5/! %'3! ,/#28! %6! <% 6% =(! %3! 8/%23)54(%1%63! 5'-/8!?@-5)!;5$()%!*BC! E/! #! ,-()! )U/%! 7%!
'51(/%)! (6! ,/#6! )8;/%23%()C! Q%'! 7%(>! ;5/'! '-63! '(;;5'#11%63! 2-()3'! ,-()! 4(%! /:-6!
2-6'570)%!4(%!/:-6!,%(3!/%'!782)5)%!,#)!(6!1-1%63!75,-/#5)%C!
!
!