&ĂůůŝŵĞŶƚŽϯϭϯͬϭϬDĞĚĞŐŚŝŶŝ^ƉĂŝŶůŝƋƵŝĚĂnjŝŽŶĞ
ŝŵŵŽďŝůĞ
ƌĞƉĂƌƚŽ ďĞŶĞ
ĞƐĐƌŝnjŝŽŶĞ
DĂƚƌŝĐŽůĂ
ůů͘ϭͲ/DW/Ed//WZKWZ/dΖ
ŶŶŽ Y͘ƚă
EŽƚĞ
/&//KϭϱWZKh/KE'ZE͕WZKh/KEKE&/KEDEdKDK>>/&Z^,/͕'KZ'KEK>͕Z/Kdd͕hZZK͕
D^ZWKE
/&//KϭϱͲZWZdKWZKh/KEZ/Kdd
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϵ
ϵ
ϭϮ W>ĚŝĐŽŵĂŶĚŽĞŐĞƐƚŝŽŶĞƉƌŽĚƵnjŝŽŶĞƌŝĐŽƚƚĂ
Ͳ
Ͳ
ϭ
&WϮϵϭϯ
ϭϵϵϵ
ϭ
Ͳ
ϮϬϭϬ
ϭ ĨŽƌŶŝƚŽƌĞ,D^DŽĚƵůŝŶŐ
Ͳ
Ͳ
Ͳ
ϬϳϬϭϵϭϬϭϲt
ϬϵϬϯϰϭϰϭϬ,
Ͳ
ϮϬϭϬ
Ͳ
ϮϬϬϳ
Ͳ
Ͳ
Ͳ
ϭ
ϭ
ϭ
ϭ
ϭ
ϭ
tϬϭϬϲϱϳ
ϭϬϬϴϰϴϯϱ
Ͳ
Ͳ
ϭ
ϭ
ϰϬϯϵϬϭ
ϮϬϬϱ
ϭ
ϭϬϰϳϯϬϴϰ
Ͳ
ϭϬϬϴϰϴϯϯͲϭϬϬϴϰϴϯϮ
Ͳ
Ͳ
Ͳ
ϭ
ϭ
ϭ
Ͳ
Ͳ
ϭ
Ͳ
Ͳ
ϭ
ϱϲϳϮ
Ͳ
ϭ
Ͳ
Ͳ
ϭ
Ͳ
Ͳ
ϰ
Ͳ
ϵϭϬϬϲϮϮϯ
Ͳ
Ͳ
Ϯ
ϭ
Ϯϰ ĐŽŶĨĞnjŝŽŶĂƚƌŝĐĞƌŝĐŽƚƚĂŽƌŝnjnjŽŶƚĂůĞ;ϭ͕ϱŬŐͿĚŝƚƚĂ/ůƉƌĂŵŽĚĞůůŽdĂŶŬE
ϵ
Ϯϱ ůŝŶĞĂĐŽŶĨĞnjŝŽŶĂŵĞŶƚŽƌŝĐŽƚƚĂͬŵĂƐĐĂƌƉŽŶĞ;ϮϱϬͲϱϬϬŐƌͿĐŽƐƚŝƚƵŝƚĂĚĂ͗
Ϯϱͬ ĐŽŶĨĞnjŝŽŶĂƚƌŝĐĞůŝƉĂĐŬ
ĐŽŵƉĞŶƐĂƚŽƌĞ ǀŽůƵŵĞƚƌŝĐŽ dĞĐŶŽďůŽĐ ĐŽŶ ĐŽůůĞƚƚŽƌĞ ŝŶƐƚĂůůĂƚŽ ƐƵ
ϮϱͬďŝƐ ĐŽŶĨĞnjŝŽŶĂƚƌŝĐĞůŝƉĂĐŬ
ϵ
Ϯϱͬ ŶĂƐƚƌŽƚĂƌƐƉŽƌƚĂƚŽƌĞ
ϵ
Ϯϱͬ ŶĂƐƚƌŽĚŝƐƚĂŶnjŝĂƚŽƌĞĚŝƚƚĂ/ŵĞĐ'ƌŽƵƉ
ϵ
Ϯϱͬ ŵĂƌĐĂƚŽƌĞĂŐĞƚƚŽĚΖŝŶĐŚŝŽƐƚƌŽsŝĚĞŽũĞƚϭϯϭϬ
ϵ
Ϯϱͬ& ŵĂƌĐĂƚŽƌĞĂŐĞƚƚŽĚΖŝŶĐŚŝŽƐƚƌŽsŝĚĞŽũĞƚϭϮϭϬ
ϵ ϮϱͬD ƌƵůůŝĞƌĂ
ŶĂƐƚƌĂƚƌŝĐĞ ŽŵĂƌŵĞ ŵŽĚĞůůŽ 'ĞŵŝŶŝ ϱϬ ƉĞƌ ůŝŶĞĂ ƌŝĐŽƚƚĂ Ğ
ϵ
Ϯϴ ŵĂƐĐĂƌƉŽŶĞŝŶĚƵƐƚƌŝĂůĞ
ϵ
Ϯϵ ĞƚŝĐŚĞƚƚĂƚƌŝĐĞŝnjĞƌďĂ'>W
ϵ
/&//KϭϱͲZWZdKWZKh/KEhZZK
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϰ
ϰ
ϰ
ϰ
ϰ
ϰ
ϰ
ϰ
ϰ
ϭϱ
ϭϱ
ϰ
ĐŽŶƚƌŽůůŽƉĞƐŽĚŝƚƚĂWƌŝƐŵĂŵŽĚĞůůŽϬϴϯ
ůŝŶĞĂĐŽŶĨĞnjŝŽŶĂŵĞŶƚŽďƵƌƌŽĚĂϱϬϬͲϭϬϬϬŐƌĐŽƐƚŝƚƵŝƚĂĚĂ͗
ĞƚŝĐŚĞƚƚĂƚƌŝĐĞŝnjĞƌďĂ'^
ƌƵůůŝĞƌĂD^ŝŶĂĐĐŝĂŝŽŝŶŽdž
ĞƚŝĐŚĞƚƚĂƚƌŝĐĞŝnjĞƌďĂ'>WĐŽŶǀŝƐŽƌĞ'dϮϰϬ
ŝŵƉŝĂŶƚŽĚŝƉĂƐƚŽƌŝnjnjĂŝnjŽŶĞ,ϮKĨŽƌŶŝƚŽĚĂ'ZĂůĚĂŝĞĐŽƐƚƌƵŝƚŽƐƵ
ϯϳ ŵŝƐƵƌĂ
ϯͬ
ϱ
ϱͬ
ϱͬ
ϲ
ϯϵ ƐĐĂŵďŝĂƚŽƌĞĚŝĐĂůŽƌĞ,ϮKͲƉĂŶŶĂƉĞƌďƵƌƌŝĨŝĐĂnjŝŽŶĞĚŝƚƚĂ^ŝŵĂƌͿ
ĂŶĂůŝnjnjĂƚŽƌĞĚŝƉƌŽĐĞƐƐŽƵŵŝĚŝƚăďƵƌƌŽĚŝƚƚĂ&ŽƐƐEŝƌ^LJƐƚĞŵƐŵŽĚĞůůŽ
ϰϬ ϱϱϬϬͲͲ>
ƐƚĂnjŝŽŶĞĚŝŵĂŶĚĂƚĂƉĂŶŶĂĂďƵƌƌŝĨŝĐĂnjŝŽŶĞĐŽƐƚŝƚƵŝƚĂĚĂ͗ƐĞƌďĂƚŽŝŽϯϬϬ
ϰϳ ůƚ͕ƉŽŵƉĂ͕ŵŝƐƵƌĂƚŽƌĞŶĚƌĞƐƐ,ĂƵƐĞƌŵŽĚĞůůŽWƌŽŵĂŐEϴϬdƌŝĐůĂŵƉ
ĨŝůƚƌŝƌŽƚĂŶƚŝ^ĞƌŵŝĂĐƉĞƌƐŝĞƌŽĐŽŶϮĐĂƉƉĞĚŝĂƐƉŝƌĂnjŝŽŶĞĞϮǀĂƐĐŚĞĚŝ
ϰϴ ƌĂĐĐŽůƚĂ
/&//KϭϱͲZWZdKKE&/KEDEdKDK>>/&Z^,/
ϭϱ
ϭϱ
ϴ
ϴ
ϰ ĞƚŝĐŚĞƚƚĂƚƌŝĐĞŝnjĞƌďĂƉĞƌĐŽĚŝĐĞĂďĂƌƌĞ
ϮϬ ŶĂƐƚƌĂƚƌŝĐĞ'ĞŵŝdžϱϬĚŝƚƚĂŽŵĂƌŵĞĐŽŶƌƵůůŝĞƌĂĞƐƚĞŶĚŝďŝůĞ
Pagina 1
ALL. 1
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϴ
Ϯϭ ĞƚŝĐŚĞƚƚĂƚƌŝĐĞŝnjĞƌďĂƉĞƌĐŽĚŝĐĞĂďĂƌƌĞŵŽĚĞůůŽ'ĐŽŶƌƵůůŝĞƌĂ
ϴ
ϭϮϵϴϮϬϵ
Ͳ
ϭ
ϭϬϯϮϵϴϳϴ
ϭϬϬϴϰϴϯϰ
ϬϳϬϰϱϭϬϰϰt
ϬϰϭϮϬϯ^ϬϭϴϵϬϭ
ϮϬϬϴ
Ͳ
Ͳ
Ͳ
ϭ
ϭ
ϭ
ϭ
ϯϬϭϬϭͲϮϮϵϵϭ
Ͳ
ϭϵϵϱ
Ͳ
ϭ
ϭ
E&ϳϮϬϭ
ϮϬϬϲ
ϭ
ϯϬϮϬϮϬϬϬ
ϮϬϭϬ
ϭ
ϮϮϯϰͲϮϰϱϬ
Ͳ
ϭ
Ͳ
Ͳ
ϭ
Ͳ
Ͳ
ϭ
ϭϲ
ϮϬϬϰ
ϭϳ ƚĂŐůŝĞƌŝŶĂĚŝƐĐŚŝŐŽƌŐŽŶnjŽůĂŵĂŶƵĂůĞ;ŶŽŵĂƌĐĂƚƵƌĂͿ
Ϯϰ ĞƚŝĐŚĞƚƚĂƚƌŝĐĞĂƚĂŵĂdžůĂϱϱŵŽĚĞϯůůŽDytϲϮϬϴ
Ͳ
ϳϮϲϲϭϬϭϱ
Ͳ
ϭ ĐŽŶĨĞnjŝŽŶĂŵĞŶƚŽƚĂůĞŐŐŝŽ
ϭ ĐŽŶĨĞnjŝŽŶĂŵĞŶƚŽƚĂůĞŐŐŝŽ
ĐŽŶĨĞnjŝŽŶĂƚƌŝĐĞĨĂĐĐŚŝŶĞƚƚŝd^Ϯ,'ͬϭϲϬϬĐŽŶĐĂƌŝĐĂŵĞŶƚŽĐŝŽƚŽůĞ
ƚĂǀŽůĂƌŽƚĂŶƚĞĚŝĂĐĐƵŵƵůŽ
ĞƚŝĐŚĞƚƚĂƚƌŝĐĞŝnjĞƌďĂĞƉĞƐĂƚƌŝĐĞŵŽĚĞůůŽ'h
ĞƚŝĐŚĞƚƚĂƚƌŝĐĞŝnjĞƌďĂ'ϯϱϱ
ŶĂƐƚƌĂƚƌŝĐĞ'ĞŵŝdžϱϬ
ƌƵůůŝĞƌĂƐƵƌƵŽƚĞ
ϯϯ ƉŽƌnjŝŽŶĂƚƌŝĐĞƚĂƋůĞŐŐŝŽĂƐĞƐƚŝ;ŶŽŵĂƌĐĂƚƵƌĂͿ
ϰϭ ƉŽƌnjŝŽŶĂƚƌŝĐĞ&ĂĐĐŚŝŶĞƚƚŝŐŽƌŐŽŶnjŽůĂĂĨĞƚƚĞƉŶĞƵŵĂƚŝĐĂ
Ͳ
Ͳ
ϭϴϬϲϰϴϴ
ϭϴϲϬϴϬϵ
ϴϳϬϬϭϮϱϳ
Ͳ
Ͳ
Ͳ
Ͳ
Ͳ
ϭ
ϭ
ϭ
ϭ
ϭ
ϭ
ϭ
ϭ
ϮϮ
Ϯϯ
Ϯϳ
ϯϰ
ϴ
ϴ
ϴ
ƐĞůĞnjŝŽŶĂƚƌŝĐĞƉŽŶĚĞƌĂůĞŝnjĞƌďĂtŵĂdžϭϱϬϬŐƌͲϯϬϬϬŐƌ͕ŵŝŶϱϬŐƌ
ĞƚŝĐŚĞƚƚĂƚƌŝĐĞ'>WĐŽŶǀŝƐŽƌĞ'dϮϰϬ
ŵĂƌĐĂƚŽƌĞĂŐĞƚƚŽĚΖŝŶĐŚŝŽƐƚƌŽsŝĚĞŽũĞƚϭϯϭϬ
ŵĂƌĐĂƚŽƌĞĂŐĞƚƚŽĚΖŝŶĐŚŝŽƐƚƌŽtŝůůĞƚƚϰϯϬ
/&//KϭϱͲZWZdK>sKZ/KEDK>>/&Z^,/
ϭϱ
ϭϱ
ϭϱ
ϯ
ϯ
ϮϬ ƐĐĂŵďŝĂƚŽƌĞĚŝĐĂůŽƌĞůĨĂůĂǀĂůŵŽĚĞůůŽůŝƉϴ
ϮϬ ƋƵĂĚƌŽĚŝĂƵƚŽŵĂnjŝŽŶĞ
ϯ
ĚŽƉƉŝŽĨŽŶĚŽĚŝƚƚĂDĂŐŶĂďŽƐĐŽĐŽŶĂŐŝƚĂƚŽƌĞŵŽĚĞůůŽĞůĞƚƚƌŽĂŐŝƚĂƚŽƌĞ
ϯϬ ƚŝƉŽĂďĂŶĚŝĞƌĂ
/&//KϭϱͲZWZdKWZKh/KEWEE
ϭϱ
ϭϱ
ϳ ϰͬ
ϳ
ŵŝƐƵƌĂƚŽƌĞŵĂƐƐŝĐŽŵŽĚĞůůŽWƌŽŵĂƐƐ&
ƌĂĨĨƌĞĚĚĂƚŽƌĞƉĂŶŶĂĐŽƐƚŝƚƵŝƚŽĚĂƐĐĂŵďŝĂƚŽƌĞĂƉŝĂƐƚƌĞůĨĂůĂǀĂů
ϲ ŵŽĚĞůůŽWϭϰ
/&//KϭϱͲ>K>/Ͳh&&//K/ZWZdK͕^WK'>/dK/͕^Zs//
ϭϱ
ϭϰ ĐĞŶƚƌĂůĞĂƵƚŽŵĂnjŝŽŶĞ;ĂƌŵĂĚŝŽƋƵĂĚƌŽͿ
/&//KϭϱͲZWZdKWZKh/KE'KZ'KEK>
ϭϱ
Ϯ
ϭϱ
Ϯ
ƐŝƐƚĞŵĂĚŝƐŐƌŽŶĚŽŐŽƌŐŽŶnjŽůĂĐŽƐƚŝƚƵŝƚŽĚĂĐĂŶĂůŝŶĂ͕ϮƉŽŵƉĞĞϮ
ϭϰ ǀĂƐĐŚĞĚŝƌĂĐĐŽůƚĂŝŶĂĐĐŝĂŝŽŝŶŽdž
ĐƵŽĐŝƚŽƌĞͲŝŵƉĂƐƚĂƚŽƌĞŽƌŝnjnjŽŶƚĂůĞĚŝƚƚĂhŵďĞƌƚŽZŽǀĞƌƐŝŵŽĚĞůůŽ
ϯϮ &ϬϮ
ϭ ĐĞƐƉŝƚĞŶ͘ϬϮϬϮϬϮϬϵϬϬϭϭ
/&//KϭϱͲZWZdKKE&/KEDEdK'KZ'KEK>D^ZWKE
ϭϱ
ϭϱ
ϭϬ
ϭϬ
ϭϱ
ϭϬ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϬ
ϭϬ
ϭϬ
ϭϬ
ϭϬ
ϭϬ
ϭϬ
Ϯϲͬ
Ϯϲͬ
Ϯϲͬ
Ϯϲͬ
Ϯϲͬ
Ϯϲͬ&
Ͳ
Ͳ
Ͳ
ĐŽŶĨĞnjŝŽŶĂŵĞŶƚŽƚĂůĞŐŐŝŽ
ĐŽŶĨĞnjŝŽŶĂŵĞŶƚŽƚĂůĞŐŐŝŽ
ĐŽŶĨĞnjŝŽŶĂŵĞŶƚŽƚĂůĞŐŐŝŽ
ĐŽŶĨĞnjŝŽŶĂŵĞŶƚŽƚĂůĞŐŐŝŽ
ĐŽŶĨĞnjŝŽŶĂŵĞŶƚŽƚĂůĞŐŐŝŽ
ĐŽŶĨĞnjŝŽŶĂŵĞŶƚŽƚĂůĞŐŐŝŽ
ĐŽŶĨĞnjŝŽŶĂŵĞŶƚŽƚĂůĞŐŐŝŽ
ĐŽŶĨĞnjŝŽŶĂŵĞŶƚŽŐŽƌŐŽŶnjŽůĂĞŵĂƐĐĂƌƉŽŶĞ
/&//KϭϱͲ>K>/ͲKZZ/K/K͕^WK'>/dK/
ϭϱ
ϰ ĞƚŝĐŚĞƚƚĂƚƌŝĐĞĂƚĂŵĂdžůĂϱϱŵŽĚĞůůŽDytϲϮϬϴ
ϲϭϭϱϳϬϭϳ
ϭ
^dZEKϭϱ
^dZEK
ϭϱ
/ŵƉŝĂŶƚŽ ĐŽƐƚŝƚƵŝƚŽ ĚĂ ŶƵŵ͘ϰ ƉŽŵƉĞ ;ϭ ,/ZKsZ Ğ ϯ WZK>>KͿ
ƐĐĂŵďŝĂƚŽƌĞ Ěŝ ĐĂůŽƌĞ Ă ĨĂƐĐŝĂ ƚƵůŝĞƌŽ ^W/Zy ^ZK͕ ƐĞƌďĂƚŽŝŽ ĂĐĐŝĂŝŽ
ϯϵ ŝŶŽdžĚĂϱϬϬůƚ͘ĚŝĂŵ͘ϴϬdžϭϬϬ
ϭϱϬϵϱϰ
ϮϬϭϬ
ϭ
/&//Kϭϳ>sKZ/KE'ZE'Zddh''/dKKE&/KEDEdK'ZE
Pagina 2
ALL. 1
ZWZKh/KE'Zddh'/dK
>ŝŶĞĂDϰ
ϭϳ
ϭϳ
ϲ
ϲ
ϭϬ ƚŝĐŚĞƚƚĂƚƌŝĐĞŝnjĞƌďĂ
ϭϭ DŝƐĐĞůĂƚŽƌĞĂnjŽƚŽͬKϮd'
ϲ
ϲ
ϲ
ϲ
ϲ
ϭϮ
ϭϯ
ϭϰ
Ϯϭ
ϮϮ
ϲ
ϲ
ϯϮ ƚŝĐŚĞƚƚĂƚƌŝĐĞŝnjĞƌďĂ
ϯϯ DŝƐĐĞůĂƚŽƌĞĂnjŽƚŽͬKϮd'
ϬϮϭϲϵϳϬϵ
ϯϭϲϱϮ
ϮϬϬϳ
ϭ
ϭ
ϮϬϬϳ
ϭ
ϭ
ϭ
ϭ
ϭ
>ŝŶĞĂDϱ
ϭϳ
ϭϳ
ϭϳ
ϭϳ
ϭϳ
'ƌĂƚƚƵŐŝĂĂǀĞĐĐŚŝ
EĂƐƚƌŽƚƌĂƐƉŽƌƚĂƚŽƌĞ
sŝďƌĂƚŽƌĞƌŝŵĂŬŝϵϬϬ
ƚŝĐŚĞƚƚĂƚƌŝĐĞŝnjĞƌďĂ
DŝƐĐĞůĂƚŽƌĞĂnjŽƚŽͬKϮd'
ϭϮϯϱ
ϭϬϯϯϯϯϱϲ
ϯϭϲϱϭ
>ŝŶĞĂDϲ
ϭϳ
ϭϳ
ϭϬϰϳϯϬϵϯ
ϭ
ϭ
>ŝŶĞĂDϭ;ϱϬϬͬϭϬϬϬͿ
ϭϳ
ϭϳ
ϭϳ
ϭϳ
ϭϳ
ϭϳ
ϭϳ
ϭϳ
ϭϳ
ϭϳ
ϭϳ
ϲ
ϲ
ϲ
ϲ
ϲ
ϲ
ϲ
ϲ
ϲ
ϲ
ϲ
ϯϳ
ϯϴ
ϯϵ
ϰϬ
ϰϭ
ϰϮ
ϰϯ
ϰϱ
ϰϲ
ϰϳ
ϰϴ
'ƌĂƚƚƵŐŝĂĂǀĞĐĐŚŝ
EĂƐƚƌŽƚƌĂƐƉŽƌƚĂƚŽƌĞ
sŝďƌĂƚŽƌĞƵĐĐŽůŝŶŝ
ƐƉŝƌĂƚŽƌĞDs&ϭϴϰϮϬW͘ϮϱϬ
WĞƐĂƚƌŝĐĞDƵůƚŝƚĞƐƚĂDW
ŽŶĨĞnjŝŽŶĂƚƌŝĐĞDWdϰϬϬ
DĞƚĂůĚĞƚĞĐƚŽƌWƌŝƐŵĂWZEϬϴ
ƚŝĐŚĞƚƚĂƚƌŝĐĞŝnjĞƌďĂ'dϮϰϬ
EĂƐƚƌĂƚƌŝĐĞ^/dĐŽŶƌƵůůŝĞƌĂ
WĞƐĂƚƌŝĐĞŝnjĞƌďĂ
DŝƐĐĞůĂƚŽƌĞĂnjŽƚŽͬKϮt/dd<EϯϬϬͲϮD
ϭϭϵϭϰϰϰ
ϮϰϲϬϵ
Ϭϭϭϭ
ϮϱϮϰϬϭ
ϭϬϱϱϲϬϰϬ
ϮϬϬϵ
ϭϵϵϴ
ϮϬϬϬ
ϭϲϵϯϴϰϬ
ϯϬϴϰϴ
ϭ
ϭ
ϭ
ϭ
ϭ
ϭ
ϭ
ϭ
ϭ
ϭ
ϭ
>ŝŶĞĂDϯ;ďŽĐĐŽŶĐŝŶŝĞƐĐĂŐůŝĞͿ
ϭϳ
ϭϳ
ϭϳ
ϭϳ
ϭϳ
ϭϳ
ϭϳ
ϭϳ
ϭϳ
ϭϳ
ZƵůůŝĞƌĂĞůĞƚƚƌŝĐĂ'ĞůŵŝŶŝ
sŝďƌĂƚŽƌĞ
EĂƐƚƌŽĂĐŽůŽŶŶĂĞŶŶĂƚŽ
sŝďƌĂƚŽƌĞ^ĂƐŝƉĂŬĂŐŝŶŐ
WĞƐĂƚƌŝĐĞDƵůƚŝƚĞƐƚĂ&^yϭϰ
ŽŶĨĞnjŝŽŶĂƚƌŝĐĞDWdϯϬϬĐŽŶƐƚƌƵƚƚƵƌĂŵĞƚĂůůŝĐĂ
EĂƐƚƌŽĐŽŶĞƚŝĐŚĞƚƚĂƚƌŝĐĞ
WĞƐĂĐŽŶƉŝĂƚƚŽĚŝŶĂŵŝĐŽWƌŝƐŵĂ
EĂƐƚƌĂƚƌŝĐĞ/D>>/EĐŽŶƌƵůůŝĞƌĂ
DŝƐĐĞůĂƚŽƌĞĂnjŽƚŽͬKϮt/dd'ĂƐĞƚĞĐŚŶŝŬ
ϲ
ϲ
ϲ
ϲ
ϲ
ϲ
ϲ
ϲ
ϲ
ϲ
ϱϭ
ϱϯ
ϱϰ
ϱϱ
ϱϲ
ϱϳ
ϱϴ
ϱϵ
ϲϭ
ϲϮ
ϲ
ϲ
ϲ
ϲ
ϲ
ϲ
ϲϯ DŝŶŝŐƌĂƚƚƵŐŝĂ
ϲϰ sŝďƌĂƚŽƌĞ
ϲϱ ƐƉŝƌĂƚŽƌĞ/ƚLJƐŝƐƚĞŵ
ϲϲ sŝďƌĂƚŽƌĞ
ϲϴ ƚŝĐŚĞƚƚĂƚƌŝĐĞŝnjĞƌďĂ'dϮϰϬ
ϳϬ EĂƐƚƌĂƚƌŝĐĞ^/d^DϮͲϵϰĐŽŶƌƵůůŝĞƌĂ
ϮϬϬϳ
ϭϵϵϰ
ϭ
ϭ
ϭ
ϭ
ϭ
ϭ ŝŶƚĞƌǀĞŶƚŽĚŝŵĂŶƵƚĞŶnjŝŽŶĞĚŝϮϰϱϬϬϮϬϬϵ
ϭ
ϭ
ϭ
ϭ
ϭϵϵϰ
ϭ
ϭ
ϭ
ϭ
ϭ
ϭ
ϰϰϱ
ϮϬϬϵ
Ϯϴ
Ϭϭϱϴ
ϭϵϵϴ
ϭϵϵϵ
ϮϱϴϰϬϭ
ϮϭϰϮϴ
>ŝŶĞĂϱŐƌĂŵŵŝ
ϭϳ
ϭϳ
ϭϳ
ϭϳ
ϭϳ
ϭϳ
ϭϬϬϴϵϳϯϴ
Ϯϯϯϴϱ
Pagina 3
ALL. 1
ϭϳ
ϲ
ϳϭ DŝƐĐĞůĂƚŽƌĞĂnjŽƚŽͬKϮt/dd'ĂƐĞƚĞĐŚŶŝŬŬŵϯϬϬͲϮŬ
ϲ
ϲ
ϲ
ϲ
ϲ
ϲ
ϲ
ϲ
ϲ
ϲ
ϳϯ
ϳϰ
ϳϱ
ϳϲ
ϳϳ
ϳϴ
ϳϵ
ϴϭ
ϴϮ
ϴϯ
ϲ
ϲ
ϲ
ϲ
ϲ
ϲ
ϲ
ϲ
ϲ
ϲ
ϲ
ϲ
ϴϱ
ϴϲ
ϴϳ
ϴϵ
ϵϬ
ϵϭ
ϵϰ
ϵϱ
ϵϲ
ϵϳ
ϵϵ
ϭϮϱ
Ϯϴϱϰϯ
ϭϵϵϳ
ϭ
ϬϮϱ͘ϮϬ͘ϵϵ
ϭϵϵϵ
ϭ
ϭ
ϭ
ϭ
ϭ
ϭ
ϭ
ϭ
ϭ
ϭ
>ŝŶĞĂϰϬͲϭϬϬϬ
ϭϳ
ϭϳ
ϭϳ
ϭϳ
ϭϳ
ϭϳ
ϭϳ
ϭϳ
ϭϳ
ϭϳ
'ƌĂƚƚƵŐŝĂĂǀĞĐĐŚŝ
EĂƐƚƌŽƚƌĂƐƉŽƌƚĂƚŽƌĞ
sŝďƌĂƚŽƌĞƵĐĐŽůŝŶŝ
ƐƉŝƌĂƚŽƌĞ&ĂďĞƌ
DƵůƚŝƚĞƐƚĂDW
ŽŶĨĞnjŝŽŶĂƚƌŝĐĞDWdϰϬϬ
DĞƚĂůĚĞƚĞĐƚŽƌWƌŝƐŵĂ
ŝůĂŶĐŝĂĞůĞƚƚƌŽŶŝĐĂ^ĂƌƚŽƌŝƵƐϮ͘ϬϬϬŬŐ
EĂƐƚƌĂƚƌŝĐĞ^/d^DϮͲWĐŽŶƌƵůůŝĞƌĂ
DŝƐĐĞůĂƚŽƌĞd'
EϬϯϵϯϭϰϳϱ
Ϯϰϳ͘Ϭϵ
Ϭϭϱϱ
Ϭϭϱϰ
ϰϯϲϯϬϭ
ϮϮϱϭϭϯϮϱ
ϯϯϴϱϵ
ϯϮϬϭϬ
ϮϬϬϵ
ϭϵϵϵ
ϭϵϵϵ
ϮϬϬϲ
ϮϬϬϵ
dĞƌŵŽĨŽƌŵĂƚƌŝĐĞ
ϭϳ
ϭϳ
ϭϳ
ϭϳ
ϭϳ
ϭϳ
ϭϳ
ϭϳ
ϭϳ
ϭϳ
ϭϳ
ϭϳ
ŝƐĐĂƚƌŝĐĞ'ĞůŵŝŶŝϮϬϯ
^ƉŝĐĐŚŝĂƚƌŝĐĞ'ĞůŵŝŶŝƚĞŶĂ
EĂƐƚƌŝƚƌĂƐƉŽƌƚĂƚŽƌŝ
EĂƐƚƌŽƚƌĂƐƉŽƌƚĂƚŽƌĞ'ĞůŵŝŶŝ
WĞƐĂĞƚŝĐŚĞƚƚĂƚƌŝĐĞŝnjĞƌďĂ's
ƚŝĐŚĞƚƚĂƚƌŝĐĞsdϮϰϬ
EĂƐƚƌŽƚƌĂƐƉŽƌƚĂƚŽƌĞ'ĞůŵŝŶŝ
DĞƚĂůĚĞƚĞĐƚŽƌWƌŝƐŵĂ
WĞƐĂĞƚŝĐŚĞƚƚĂƚƌŝĐĞŝnjĞƌďĂ's
WĞƐĂĞƚŝĐŚĞƚƚĂƚƌŝĐĞŝnjĞƌďĂ
EĂƐƚƌĂƚƌŝĐĞ^/d^DϮĐŽŶƌƵůůŝĞƌĂ
ŶĂůŝnjnjĂƚŽƌĞŐĂƐW/ƵŶƐĞŶƐŽƌĐŚĞĐŬŵĂƚĞϵϵϬϬ
ϭϯϵϴ
ϭϰϬϬ
ϮϬϬϰ
ϮϬϬϰ
ϭϮϵϴϮϬϵ
ϭϬϱϱϲϬϰϭ
ϮϴϴϬϬϭ
ϭϮϵϲϵϯϭ
ϭϲϲϬϯϰϬ
ϭϰϳϲϬ
ϮϬϬϭ
ϭϵϵϭ
ϭ
ϭ
ϭ
ϭ
ϭ
ϭ
ϭ
ϭ
ϭ
ϭ
ϭ
Ϯ
h&&//KZ'Zddh'/dK
ϭϳ
ϲ
ϭϯϱ DŝƐĐĞůĂƚŽƌĞnjŽƚŽͬKϮ
ϭ
>/EZzKs
ϭϮ
ϭϮ
ϭϱ WĞƐĂĞƚŝĐŚĞƚƚĂƚƌŝĐĞŝnjĞƌďĂ's
ϭϲ ƚŝĐŚĞƚƚĂƚƌŝĐĞŝnjĞƌďĂ'>W
ϭϳ
ϭϳ
ϭϳ
ϭϮ
ϭϮ
ϭϮ
ϮϬ EĂƐƚƌŝƚƌĂƐƉŽƌƚĂƚŽƌŝŵĞĐĐĂŶŝnjnjĂƚŝ
Ϯϭ /ŶƐĂĐĐŚĞƚƚĂƚƌŝĐŝŵĂŶƵĂůŝ>ϭϵ
Ϯϱ EĂƐƚƌŽƚƌĂƐƉŽƌƚĂƚŽƌĞ
ϭϳ
ϭϳ
ϭϳ
ϭϮ
ϭϮ
ϭϮ
ϯϰ WĞƐĂĞƚŝĐŚĞƚƚĂƚƌŝĐĞŝnjĞƌďĂ'^
ϯϱ WĞƐĂĞƚŝĐŚĞƚƚĂƚƌŝĐĞŝnjĞƌďĂ's
ϯϳ EĂƐƚƌĂƚƌŝĐĞ'ĞŵŝŶŝŽŵĂƌŶĞ'ĞŵLJϱϬ
ϭϮ
ϭϮ
ϭϮ
ϭϮ
ϰϱ
ϰϲ
ϰϳ
ϱϭ
ϭϳ
ϭϳ
ϭϮϵϴϮϬϵ
ϭϬϯϯϯϯϲϭ
ϭ
ϭ
ϯϳϱϱ
ϯ
ϯ
ϭ
>/E&hZh<h
ϮϬϬϬ
>/Eϲ
ϭϲϲϬϬϯϭ
ϭϲϵϱϵϮϮ
tϬϭϭϮϴ
ϭ
ϭ
ϭ
>/E ĨŽƌŵĂƚŝŐƌŽƐƐŝ
ϭϳ
ϭϳ
ϭϳ
ϭϳ
WŽƌnjŝŽŶĂƚƌŝĐĞŵĂůƚĂŐůŝĂƚŽ&ƵƌůĂŶ
ŝǀŝƐŽƌĞƐƉŝĐĐŚŝ'ĞůŵŝŶŝ
ŝǀŝƐŽƌĞƐƉŝĐĐŚŝ'ĞůŵŝŶŝ
dĂŐůŝĂĨŽƌŵĞ&ƵƌůĂŶ
Pagina 4
ϮϯϬ
ϭϵϵϵ
ϭϯϱϳ
ϮϬϬϯ
ϭ
ϭ
ϭ
ϭ
ALL. 1
>/EdZDK&KZDdKW/'ZE/
ϭϳ
ϭϳ
ϭϳ
ϭϳ
ϭϳ
ϭϮ
ϭϮ
ϭϮ
ϭϮ
ϭϮ
ϱϱ
ϲϬ
ϲϭ
ϲϮ
ϲϰ
ZƵůůŝĞƌĂD^
EĂƐƚƌŽŽƌŝĞŶƚĂƚŽƌĞĞƐƉŝŶƚŽƌĞƐƉŝĐĐŚŝ
WĞƐĂĞƚŝĐŚĞƚƚĂƚƌŝĐĞŝnjĞƌďĂ's
^ƚĂŵƉĂĞƚŝĐŚĞƚƚĞŝnjĞƌďĂ
EĂƐƚƌĂƚƌŝĐĞ'ĞŵŝŶŝĐŽŶƌƵůůŝĞƌĂ
ϮϬϬϵ
ϭϬϯϯϰϲϮϵ
tϬϭϬϲϱϬ
ϭ
ϭ
ϭ
ϭ
ϭ
D'/EK'ZE;>s''/K^WK>dhZͿ
ϭϳ
ϭϰ
ϴ ƚŝĐŚĞƚƚĂƚƌŝĐĞĂƚĂŵĂdžtĐĂůƐƐ
ϭ
>/E^WK>dhZϭ
ϭϳ
ϭϳ
ϭϰ
ϭϰ
ϭϰ WĞƐĂŝnjĞƌďĂ^d
ϭϱ ^ƚĂŵƉĂĞƚŝĐŚĞƚƚĞŝnjĞƌďĂ'>W
ϭϬϯϭϯϯϳϭ
ϭϬϯϭϭϳϱϯ
ϭ
ϭ
ϭϵ WĞƐĂŝnjĞƌďĂ^d
ϮϬ ^ƚĂŵƉĂĞƚŝĐŚĞƚƚĞŝnjĞƌďĂ'>W
ϮϮ EĂƐƚƌĂƚƌŝĐĞ'ĞŵŝŶŝ
ϭϬϯϭϯϯϲϵ
ϭϬϯϭϭϳϱϰ
ϭ
ϭ
ϭ
>/E^WK>dhZϮ
ϭϳ
ϭϳ
ϭϳ
ϭϰ
ϭϰ
ϭϰ
^dZEKh&&//K^^/dK/K
ϭϳ
ϭϳ
ϭϯ
ϭϯ
ϭϰ DĞƚĂůĚĞƚĞĐƚŽƌWƌŝƐŵĂ
ϭϱ EĂƐƚƌĂƚƌŝĐĞŽŵĂƌŵĞEĂƐϱϬĐŽŶƌƵůůŝĞƌĂ
ϯϴϬϳϬϭ
ϴϴϬϬϮϵϴϳ
ϮϬϬϰ
ϭ
ϭ
ϮϲϮϬϵϵ
Wsͬ^ϯ
ϭϵϵϵ
ϭϵϵϳ
ϭ
ϭ
ϭ
>/E^^/dK/K
ϭϳ
ϭϳ
ϭϳ
ϭϳ
ϭϳ
ϭϳ
ϭϳ
ϭϳ
ϭϳ
ϭϯ
ϭϯ
ϭϯ
ϭϯ
ϭϯ
ϭϯ
ϭϯ
ϭϯ
ϭϯ
ϭϳ 'ƌĂƚƚƵŐŝĂĂǀĞĐĐŚŝ
ϭϴ EĂƐƚƌŽD&
ϭϵ ^ĞƚĂĐĐŝŽŝŶĂĐĐŝĂŝŽ
/ŵƉŝĂŶƚŽĞƐƐŝĐĐĂnjŝŽŶĞĐŽŶƐŽůůĞǀĂƚŽƌĞǀĂƐĐŚĞ͕ƐŝůŽƐ͕ĐĂŶĂůŝnjnjĂnjŝŽŶŝĂŝĂ
Ϯϭ ĐĂůĚĂĞĨƌĞĚĚĂ
ϮϮ ƐƉŝƌĂƚŽƌĞ/d^LJƐƚĞŵ
Ϯϯ ZŝďĂůƚĂƚŽƌĞĞǀĂƐĐŚĞĐŽŶƐĞƚĂĐĐŝŽǀŝďƌĂŶƚĞ
Ϯϰ ƐƉŝƌĂƚŽƌĞĐƵƐƉĞĞĚϮϱĐŽŶƐĞƚĂĐĐŝŽĞƚƌĂŵŽŐŐŝĂ
Ϯϱ dƌĂŵŽŐŐŝĂĞŶĂƐƚƌŽĐĂƌŝĐĂďĂƌĂƚƚŽůŝ
Ϯϲ ^ŵŝƐƚĂƚŽƌĞďĂƌĂƚƚŽůŝ
ϭ
ϭ
ϭ
ϭ
ϭ
ϭ
>/E^^/dKͲZddK>/W>^d/
ϭϳ
ϭϳ
ϭϳ
ϭϳ
ϭϳ
ϭϳ
ϭϯ
ϭϯ
ϭϯ
ϭϯ
ϭϯ
ϭϯ
Ϯϳ
Ϯϴ
Ϯϵ
ϯϭ
ϯϮ
ϯϯ
ZŝĞŵƉŝƚŽƌĞďĂƌĂƚƚŽůŝĐŽŶĂƐƉŝƌĂƚŽƌĞhŶŝǀĞƌƐĂůƉĂĐŬ
dŝŵďƌĂƚƌŝĐĞĂŝŶĐŚŝŽƐƚƌŽ>ŝŶdžϲϮϬϬ
ŝůĂŶĐŝĂĞůĞƚƚƌŽŶŝĐĂ
DĂĐĐŚŝŶĂŵĞƚƚŝƚĂƉƉŽďĂƌĂƚƚŽůŝ
ŽŶĨĞnjŝŽŶĂƚƌŝĐĞƚĞƌŵŽƌĞƚƌĂŝďŝůĞďĂƌĂƚƚŽůŝEŽƌƚĂŶϱϬ
dĂǀŽůŽƚŽŶĚŽŐŝƌĞǀŽůĞĞůĞƚƚƌŝĐŽŝŶĂĐĐŝĂŝŽ
ϯEϭ
ϱϱϬϬϬϴ
ϮϬϬϬ
ϭ
ϭ
ϭ
ϭ
ϭ
ϭ
>/E^^/dKͲZddK>/Dd>>K
ϭϳ
ϭϳ
ϭϳ
ϭϳ
ϭϯ
ϭϯ
ϭϯ
ϭϯ
ϯϳ
ϯϴ
ϯϵ
ϰϬ
ZŝĞŵƉŝƚƌŝĐĞďĂƌĂƚƚŽůŝŵĞƚĂůůŽĐŽŶĂƐƉŝƌĂƚŽƌĞĞƐƚƌƵƚƚƵƌĂ^ĞƌŵĂŶ
EĂƐƚƌŝŶŽ
ƚŝĐŚĞƚƚĂƚƌŝĐĞďĂƌĂƚƚŽůŝDŝĚĂĐŽŵďŝŶĂ
ŝůĂŶĐŝĂĞůĞƚƚƌŽŶŝĐĂ
ϭ
ϭ
ϭ
ϭ
Pagina 5
ALL. 1
ϭϳ
ϭϳ
ϭϳ
ϭϳ
ϭϳ
ϭϳ
ϭϳ
ϭϳ
ϭϳ
ϭϳ
ϭϳ
ϭϳ
ϭϯ
ϭϯ
ϭϯ
ϭϯ
ϭϯ
ϭϯ
ϭϯ
ϭϯ
ϭϯ
ϭϯ
ϭϯ
ϭϯ
ϰϭ
ϰϮ
ϰϯ
ϰϰ
ϰϱ
ϰϲ
ϰϴ
ϱϮ
ϱϯ
ϱϰ
ϱϱ
ϱϲ
dĂǀŽůŽƚŽŶĚŽŐŝƌĞǀŽůĞ
ŚŝƵĚŝďĂƌĂƚƚŽůŝŵĞƚĂůůŽ^ŝŵĂ
dŝŵďƌĂƚƌŝĐĞĂŝŶĐŚŝŽƐƚƌŽ>ŝŶdžϲϮϬϬ
DĂĐĐŚŝŶĂŝŶƐĞƌŝŵĞŶƚŽƚĂƉƉŝŝŶƉůĂƐƚŝĐĂ
ĂůĐŽĂůƚƌŝĐĞWĂŶĂƐŽŶŝĐ
/ŵƉŝĂŶƚŽŵŝƐĐĞůĂnjŝŽŶĞĐŽŶĂƌŽŵŝĐŽŶƌŝďĂůƚĂƚŽƌĞ͕ĂƐƉŝƌĂƚŽƌĞĞ
ŵĞƐĐŽůĂƚŽƌĞ
ŝůĂŶĐŝĂĞůĞƚƚƌŽŶŝĐĂ^sϮϮ
^ƉĂĐĐĂŐƌĂŶĂǀĞĐĐŚŝŽ
DƵůŝŶŽƌŝŽůŝ
'ƌĂƚƚƵŐŝĂĂǀĞĐĐŚŝ
EĂƐƚƌŽ
sŝďƌĂƚŽƌĞ
ϭ
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ϭ
ϭ
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DKϱϬϬͬϬϭͬϬϲ
ϮϬϬϲ
Ϭϰ
ϮϬϬϱ
ϭ
ϭ
ϭ
ϭ
ϭ
ϭ
ϭ
Φ
ϳϯϬ͘ϬϬϬ͕ϬϬ
ϮϱϬ͘ϬϬϬ͕ϬϬ
^d/DdKd>/Eh^K
^d/DdKd>/E^K/sE/d&KZK^
Pagina 6
ALL. 1
&ĂůůŝŵĞŶƚŽϯϭϯͬϭϬDĞĚĞŐŚŝŶŝ^ƉĂŝŶůŝƋƵŝĚĂnjŝŽŶĞ
ŝŵŵŽďŝůĞ
ƌĞƉĂƌƚŽ ďĞŶĞ
ĞƐĐƌŝnjŝŽŶĞ
DĂƚƌŝĐŽůĂ
ůů͘ϮddZdhZ/WZKWZ/dΖ
ŶŶŽ Y͘ƚă
EŽƚĞ
/&//KϭϱWZKh/KE'ZE͕WZKh/KEKE&/KEDEdKDK>>/&Z^,/͕'KZ'KEK>͕Z/Kdd͕hZZK͕D^ZWKE
/&//KϭϱͲZWZdKWZKh/KEZ/Kdd
ϭϱ
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ϵ
Ϯ
ϱ
ϲ
ϭϬ
ϭϵ
ϮϮ
ϯϭ
ϯϮ
ϯϵ
ϰϯ
ϰϰ
ĐĞƐƚĂŵŽďŝůĞĐŽŶƌƵŽƚĞĞŐĂďďŝĂĚŝƐĐŽůŽƉĞƌƌŝĐŽƚƚĂŝŶĂĐĐŝĂŝŽŝŶŽdž
ƉƵůŝǀĂƉŽƌ^/Z/KŵŽĚĞůůŽD>ϭϱϬdϭϵϰϱd^
ƉƵůŝǀĂƉŽƌ^/Z/KŵŽĚĞůůŽD>ϭϱϬdϬϵϰϱd^
ƐƚƌƵƚƚƵƌĂĚŝƐƵƉƉŽƌƚŽŝŶĂĐĐŝĂŝŽŝŶŽdžϭϬϬdžϭϮϬ
ďŝůĂŶĐŝĂĂƚĞƌƌĂŝŶĂĐĐŝĂŝŽŝŶŽdžƵƌŽďŝů
ďŝůĂŶĐŝĂ>ĞŶnjŝŶŝŝŶĂĐĐŝĂŝŽŝŶŽdžĐŽŶƐƚĂŵƉĂŶƚĞĞƐƵƉƉŽƌƚŽŝŶĂĐĐŝĂŝŽŝŶŽdž
ĐŽŶƌƵŽƚĞ
ŐƌŝŐůŝĞŝŶĂĐĐŝĂŝŽŝŶŽdž
ďĂŶĐĂůĞŝŶĂĐĐŝĂŝŽŝŶŽdžϴϬĐŵdžϭϮϬĐŵ
ƐĐĂůĂŝŶĂĐĐŝĂŝŽŝŶŽdžĐŽŶƌŝƉŝĂŶŽ
ƐĞĐĐŚŝŽŝŶƉůĂƐƚŝĐĂ
ďŝĚŽŶĞŝŶĂĐĐŝĂŝŽŝŶŽdžƉĞƌůĂƚƚĞ
Ͳ
Ϭϵϯϳϱϭ
Ϭϵϯϳϱϯ
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ϭϵϵϴ
ϭϵϵϴ
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ϰ
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ϬϴϬϬϲϮϯϱϴϬϴ
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ϭϭϱϬϵϳϴϵϬ
ϱϭϮϬϮϵϰ
ϭϳϮϬϱ
Ͳ
ϭϬϳͲϬϳͲ&
Ͳ
ϮϬϬϴ
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ϭϵϵϭ
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ϭ
/&//KϭϱͲZWZdKWZKh/KEhZZK
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ϭϱ
Ϯϯ
Ϯϰ
ϯϯ
ƌĞŐŐŝĂƚƌŝĐĞ^ƚƌĂƉĂĐŬŵŽĚĞůůŽ:<Ͳй
ĐĂƌƌĞůůŽĐŽŶϮĂŶƚĞĞϭƌŝƉŝĂŶŽ
ďŝůĂŶĐŝĂDĞƚůĞƌdŽůĞĚŽŵŽĚĞůůŽW'ϯϬϬϭ
ďŝůĂŶĐŝĂƵƌŽďŝůŵŽĚĞůůŽ͕ƉŽƌƚĂƚĂŵĂƐƐŝŵĂϲϬŬŐ
ŶĂƐƚƌĂƚƌŝĐĞ^DϮ
ƚĞƌŵŽďŝůĂŶĐŝĂ<ĞƌŶD>^ϱϬͲϯĐŽŶĐŽŶƚƌŽůůŽƵŵŝĚŝƚă
ĐĂƌŝĐĂďĂƚƚĞƌŝĂYƵŝĐŬ^ϭϮƉĞƌƉĂŶƚŽŐƌĂĨŽ
ĐĂƐƐĞƚƚĂĂƚƚƌĞnjnjŝ;ƌŽƚƚĂŵĞͿ
ϰϮ ǀĂƐĐĂĐĂƌƌĞůůĂƚĂŝŶĂĐĐŝĂŝŽŝŶŽdžĐŽŶƉĂƌƚŝĚŝƉĂƌƚŝĚŝŵĂĐĐŚŝĂŶƌŝĚĂůĂǀĂƌĞ
ϰϰ ƐĐĂůĂŝŶĂĐĐŝĂŝŽŝŶŽdžĐŽŶƌŝƉŝĂŶŽ
ǀĂƐĐĂŝŶĂĐĐŝĂŝŽŝŶŽdžĚŝƌĞĐƵƉĞƌŽŐƌĂƐƐŽĐŽŶƐĐĂƌŝĐŽĨŽŶĚŽĞƉŽŵƉĂĚŝ
ϰϱ ƌŝůĂŶĐŝŽ
ϰϲ ǀĂƐĐĂĐĂƌƌĞůůĂƚĂŝŶĂĐĐŝĂŝŽŝŶŽdž
ϰϵ ǀĂƐĐŚĞƚƚĂĂůŝŵĞŶƚĂnjŝŽŶĞƐĐƌĞŵĞĐŽŶϮƉŽŵƉĞ
ϱϱ ǀĂƐĐĂĐŽŶƌƵŽƚĞĞĐŽƉĞƌĐŚŝŽŝŶĂĐĐŝĂŝŽŝŶŽdž
ϱϳ ƉŽŵƉĂĐĂƌƌĞůůĂƚĂƉĞƌƌĞĐƵƉĞƌŽŐƌĂƐƐŽ
ϲϮ ůĂǀĂƐĐŝƵŐĂƉĂǀŝŵĞŶƚŝ'^KtdϰϬĚŝƚƚĂ&ĂŝƉĐŽŶĐĂƌŝĐĂďĂƚƚĞƌŝĂ
ϭ
ϭ
ϭ
ϭ
ϭ
ϭ
ϭ
ϭ ďŽdžƵĨĨŝĐŝŽ
Ͳ
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Ϯ
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ĐĂƌŝĐĂďĂƚƚĞƌŝĂƉĞƌƐƉĂnjnjŽůĂƚƌŝĐĞ&ĂŝƉƚŝƉŽW
ĐĂƌƌĞůůŽŝŶĂĐĐŝĂŝŽŝŶŽdžĐŽŶϯƌŝƉŝĂŶŝ
ĐĂƌƌĞůůŽŝŶĂĐĐŝĂŝŽŝŶŽdžĐŽŶϯƌŝƉŝĂŶŝ
ŐƌƵƉƉŽƉĞƐĂ;ϮͿƌŽƚƚĂŵĞ
Pagina 1
ALL. 2
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ϴ
ϭϲ
Ϯϰ
ϯϮ
ϯϲ
ϯϳ
ϰϬ
ĐĂƌŝĐĂďĂƚƚĞƌŝĂDZŵŽĚĞůůŽD>ϮϰϯϬ
ĐĂƌƌĞůůŽŝŶĂĐĐŝĂŝŽŝŶŽdžĐŽŶϮĂŶƚĞ
ĐĂƌƌĞůůŽĐŽŶƌŝƉŝĂŶŽ͕ϭϮϬĐŵdžϭϰϬĐŵ
ǀĂƐĐĂŝŶĂĐĐŝĂŝŽŝŶŽdžĐŽŶƌƵŽƚĞĞƐĐĂƌŝĐŽĨŽŶĚŽ
ƉĞƐĂĞůĞƚƚƌŽŶŝĐĂKĚĞĐĂŵŽĚĞůůŽt^/
ƉĞƐĂĂƚĞƌƌĂƵƌŽďŝů
ϭϵϯϯϬϭ
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Ͳ
ϬϳϬϴϵϳ
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ϭ
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ϭ
ϬϵϯϯϰϬ
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ϭϵϵϴ
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ϰ
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ϭϭϬ
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ϮϱϬ
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ϯϳϱ
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/&//KϭϱͲZWZdK>sKZ/KEDK>>/&Z^,/
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ŝĚƌŽƉƵůŝƚƌŝĐĞ^ŝƌŝŽŵŽĚĞůůŽD>ϭϱͲϭϱϬ
ĐĂƌƌĞůůŽŝŶĂĐĐŝĂŝŽŝŶŽdžĂůnjĂƉŝůĞŵŽĚĞůůŽWͲϬϯ
ĐĂƌƌĞůůŽĐŽŶƌŝƉŝĂŶŝŝŶƌĞƚĞ
ĐĂƌƌĞůůŝŶŽŝŶĂĐĐŝĂŝŽŝŶŽdžϱϬdžϭϬϬ
ĐĂƌƌĞůůŽŐƌĂŶĚĞŝŶĂĐĐŝĂŝŽŝŶŽdžϰϬϬdžϭϮϬ
ƐŽǀƌĂůnjŝǀĂƐƐŽŝƚŽŶĚŝ
ƉŽƌƚĂǀĂƐƐŽŝŝŶĂĐĐŝĂŝŽŝŶŽdžϱϬdžϭϬϬ
ǀĂƐƐŽŝŽŝŶĂĐĐŝĂŝŽŝŶŽdž
ĐĂƌƌĞůůŽŐƌĂŶĚĞƉĞƌƐŵŽŶƚĂŐŐŝŽŵĂĐĐŚŝŶĞϮϬϬdžϭϬϬdžϮϬϬ
ƐŽǀƌĂůnjŝƐƚĂŵƉŝƉĞƌĐĂĐŝŽƚƚĂŝŶŶĂLJůŽŶ
ǀĂƐĐŚĞƚƚĂĚŝĚŽƐĂŐŐŝŽĂĐŝĚŽĐŝƚƌŝĐŽ
Ϯϭ
ϮϮ
Ϯϯ
Ϯϱ
Ϯϳ
Ϯϴ
ŐƌƵƉƉŽƉĞĚĂŶĞĞƐĐĂůĞŝŶĂĐĐŝĂŝŽŝŶŽdžǀĂƌŝĞŵŝƐƵƌĞ;ĐŝƌĐĂϰͿ
ĐĂƌƌĞůůŽƉŽƌƚĂůŝƌĂĐŽŶůŝƌĞŝŶƉŽůŝǀĂůĞŶƚŝ
ŐƌƵƉƉŽĐĂƌƌĞůůŽǀĂƌŝĞŵŝƐƵƌĞŝŶĂĐĐŝĂŝŽŝŶŽdž;ĐŝƌĐĂϮͿ
ǀĂƐĐĂƉĞƌƐĂůŝŶĂĐŽŶĂŐŝƚĂƚŽƌŝ͕ϯϬϬdžϭϭϬ
ƐƵƉƉŽƌƚŽĐĂƌƌĞůůĂƚŽĐŽŶŐĂŶĐŝ;ĐŝƌĐĂϲϬͿƉĞƌƉŝůĞǀĂƐƐŽŝ
ĐĂƌƌĞůůŽƉĂƌĂŶĐŽ>ĂŵĞĐϱϬϬŬŐ
ϭ
ϯ
ϭ
ϱ ĐĞůůĂĨƌŝŐŽ
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ϭ
/&//KϭϱͲZWZdKWZKh/KE'ZE
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ϭϱ
ϭϱ
ϭϱ
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ϯ ƐƉŝƌĂƚĂŐůŝĂĐĂŐůŝĂƚĂĐŽŶĐĂƌƌĞůůŽ
ƐƉĂnjnjŽůĂƚƌŝĐĞƉƵůŝƚƌŝĐĞĐŽŶĐĂƌƌĞůůŽ
ϭ ϰͬĂ
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ϴ ďŝĚŽŶĞŝŶĂĐĐŝĂŝŽŝŶŽdžƉĞƌůĂƚƚĞ
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ϮϬ ĨƌŝŐŽƌŝĨĞƌŽ/ŐŶŝƐĐŽŶĐŽŶŐĞůĂƚŽƌĞ
ϭ
Ϯϰ ƉƵůŝǀĂƉŽƌ&ĂŝƉϭϱϮϭƐƵƌƵŽƚĞĐŽŶůĂŶĐŝĂ
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Ϯϱ ůĂǀĂƚƌŝĐĞ^ŽĐŽůŵĂƚŝĐĐŽŶƐƚƌƵƚƚƵƌĂĚŝƐƵƉƉŽƌƚŽŵŽĚĞůůŽϬϮϬ
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Ϯϲ ĐĂƌƌĞůůŽĐŽŶǀĂƐĐŚĞƚƚĂŝŶĂĐĐŝĂŝŽŝŶŽdž
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Ϯϴ ǀĂƐĐŽŶĞŝŶĂĐĐŝĂŝŽŝŶŽdž;ϰŵĐͿ
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ϯϬ ĐĂƌƌĞůůŽƉŽƌƚĂĂŐŝƚĂƚŽƌŝ
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ϲϮϳϲĞϳϭϳϭϮϬϬϲͲϮϬϬϴ
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ϭϮ ƐĐĂůĂŵŽďŝůĞĐŽŶƌŝƉŝĂŶŽĞƌƵŽƚĞ
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Ϯϲ ǀĂƐĐŚĞƚƚĂƐƵƌƵŽƚĞŝŶĂĐĐŝĂŝŽŝŶŽdž
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ϯ ĐĂƌƌĞůůŽƉŽƌƚĂĨŽƌŵĞ
Pagina 2
ALL. 2
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ϯϲϴϳϱϰ
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ϮϬϬϴ
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/&//KϭϱͲZWZdKWZKh/KE'KZ'KEK>
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ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
Ϯ
Ϯ
Ϯ
Ϯ
Ϯ
Ϯ
Ϯ
Ϯ
Ϯ
Ϯ
Ϯ
Ϯ
Ϯ
Ϯ
ϳ
ϴ
ϭϬ
ϭϭ
ϭϮ
ϭϱ
ϭϳ
ϮϬ
ϮϮ
Ϯϯ
ϯϬ
ϯϯ
ϯϰ
ϯϳ
ǀĂƐĐĂŝŶĂĐĐŝĂŝŽŝŶŽdžϵϬdžϵϬdžϲϱ
ǀĂƐĐĂĐĂƌƌĞůůĂƚĂŝŶĂĐĐŝĂŝŽŝŶŽdžϲϬdžϳϬdžϰϱ
ĐĂƌƌĞůůŽƉŽƌƚĂůŝƌĞ͕ƌĂƐƚƌĞůůŝĞƉŝůĞ
ƌŝƉŝĂŶŽĐĂƌƌĞůůĂƚŽŝŶĂĐĐŝĂŝŽŝŶŽdžĐŽŶƐŽƚƚŽƌŝƉŝĂŶŽ
ĐĂƌƌĞůůŝŶŽĐŽŶƌŝƉŝĂŶŽĨŽƌĂƚŽƉĞƌƐĐŽůŽ
ŐƌƵƉƉŽŐƌŝŐůŝĞŝŶĂĐĐŝĂŝŽŝŶŽdžϱϬdžϭϮϬ͕ŵĂŐůŝĂϯdžϯĐŝƌĐĂŶ͘ϲϬ
ǀĂƐĐĂĐĂƌƌĞůůĂƚĂŝŶĂĐĐŝĂŝŽŝŶŽdžϭϭϬdžϳϬdžϱϬ
ĐĞƐƚĂĐĂƌƌĞůůĂƚĂ
ĐĂƌƌĞůůŽŝŶĂĐĐŝĂŝŽŝŶŽdžƉŽƌƚĂƐƚĂŵƉŝ
ƉĞƐĂĂƚĞƌƌĂ>ĞŶnjŝŶŝ
ƉƵůŝǀĂƉŽƌ^ŝƌŝŽD>ϭϱͲϭϱϬd^d
ƐĐĂůĞƚƚĂĐŽŶƌŝƉŝĂŶŽŝŶĂĐĐŝĂŝŽŝŶŽdž
ĐĂƌƌĞůůŝŶŽƉŽƌƚĂĨŽƌŵĞ
ƉƵůŝǀĂƉŽƌ&ĂŝƉϭϱϮϭƐƵƌƵŽƚĞ
/&//KϭϱͲZWZdKKE&/KEDEdK'KZ'KEK>D^ZWKE
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϬ
ϭϬ
ϭϬ
ϭϬ
ϭϬ
ϭϬ
ϭϬ
ϭϬ
ϭϬ
ϭϬ
ϭϬ
ϭ
ϳ
ϴ
ϵ
ϭϮ
Ϯϱ
ϯϮ
ϰϯ
ϱϮ
ϱϰ
ϱϲ
ĐĂƌƌĞůůŽŝŶĂĐĐŝĂŝŽŝŶŽdžĐŽŶϯƌŝƉŝĂŶŝ
ǀĂƐĐŚĞƚƚĂŝŶĂĐĐŝĂŝŽŝŶŽdžƐƵƌƵŽƚĞϲϬdžϳϬdžŚϱϬ
ĐĂƌƌĞůůŽĐŽŶƌŝƉŝĂŶŽĞǀĂƐĐŚĞƚƚĂϰϬdžϭϮϬdžŚϭϬ
ĐĞƐƚĂĐŽŶƌƵŽƚĞŝŶĂĐĐŝĂŝŽŝŶŽdžϭϬϬdžϭϬϬdžϭϬϬ
ĐĂƌƌĞůůŽƉŽƌƚĂƐƚĂŵƉŝϮϬϬdžϭϭϱ
ƉŝƐƚŽůĂůĞƚƚƌƵĂĐŽĚŝĐĞĂďĂƌƌĞ&ŝŶĞƐĐĂŶĂƚĂůŽŐŝŬ
ƚĂǀŽůŽĐŽŶƌƵŽƚĞŝŶĂĐĐŝĂŝŽŝŶŽdžĞƌŝƉŝĂŶŽŝŶŶLJůŽŶ
ƐĐĂůĞƚƚĂĐŽŶƌŝƉŝĂŶŽŝŶĂĐĐŝĂŝŽŝŶŽdž
ƉĞƐĂĂƚĞƌƌĂKĚĞĐĂtͲ/
ƐĐĂůŽƚƚŝŝŶĂĐĐŝĂŝŽŝŶŽdžĐŽŶϲƌŝƉŝĂŶŝŝŶůĞŐŶŽ
ĐĞƐƚĂŐƌŝŐůŝĂƚĂĐŽŶƌƵŽƚĞϭϬϬdžϭϬϬdžϭϬϬ
ĐĞůůĂĨƌĞĚĚĂŐŽƌŐŽŶnjŽůĂ
ĐĂŵĞƌŝŶŽŐŽƌŐŽŶnjŽůĂ
ĐĂŵĞƌŝŶŽŐŽƌŐŽŶnjŽůĂ
ĐĂŵĞƌŝŶŽŐŽƌŐŽŶnjŽůĂ
ĐĞůůĂŝƚĂůŝĐĂ
ĐŽŶĨĞnjŝŽŶĂŵĞŶƚŽƚĂůĞŐŐŝŽ
ĐŽŶĨĞnjŝŽŶĂŵĞŶƚŽƚĂůĞŐŐŝŽ
ĐŽŶĨĞnjŝŽŶĂŵĞŶƚŽŐŽƌŐŽŶnjŽůĂĞŵĂƐĐĂƌƉŽŶĞ
njŽŶĂƉĞƐĂ
njŽŶĂƉĞƐĂ
njŽŶĂƉĞƐĂ
/&//KϭϱͲ>K>/ͲKZZ/K/K
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϯ
ϱ
ϭϯ
ϭϰ
ϭϲ
ϭϳ
ϭϴ
ϭϵ
ϮϬ
Ϯϭ
ŝĚƌŽƉƵůŝƚƌŝĐĞ&ĂŝƉŵŽĚĞůůŽD^ϮϯϲϬƚ
ƐĐĂůĂŝŶĂůůƵŵŝŶŝŽ
ĐĂƌŝĐĂďĂƚƚĞƌŝĂhŶŝǀĞƌƐĂůƉƌŽ
ůĂǀĂƐĐŝƵŐĂƉĂǀŝŵĞŶƚŝ&ĂŝƉdĐŽŶƐĞĚƵƚĂŽƉĞƌĂƚŽƌĞ
ƐĞƌďĂƚŽŝŽŝŶĂĐĐŝĂŝŽŝŶŽdžƉĞƌďŽůůŝƚƵƌĂƐĂůĞ
ƉŽŵƉĂĐĂƌƌĞůůĂƚĂƌŽŶnjŽŶŝ
ŐƌƵƉƉŽŶ͘ϳƐĞƌďĂƚŽŝ;ϱƉĞƌůĂƚƚĞ͕ϭƉĞƌ,ϮKĚŝƌĞĐƵƉĞƌŽ͕ϭƉĞƌ,ϮKĚŝ
ƉŽnjnjŽͿĚŝĐƵŝϭĚĂϭϮϱŵĐĞϯĚĂϭϬϬŵĐ
ŐƌƵƉƉŽĐĂƌƌĞůůŝƉŽƌƚĂŐƌŝŐůŝĞ;ĐŝƌĐĂϰϰͿ
ŐƌƵƉƉŽƐƚƌƵƚƚƵƌĞŝŶĂĐĐŝĂŝŽŝŶŽdžƉĞƌƐĐĂůŽƚƚŝ;ĐŝƌĐĂϱͿ
ŐƌƵƉƉŽŐƌŝŐůŝĞŝŶĂĐĐŝĂŝŽŝŶŽdžϱϬdžϭϮϬ͕ŵĂŐůŝĂϯdžϯ;ĐŝƌĐĂϴϲϯͿ
/&//KϭϱͲ>K>/ͲKZZ/K/K͕^WK'>/dK/
ϭϱ
ϱ ƉŝƐƚŽůĂůĞƚƚƌƵĂĐŽĚŝĐĞĂďĂƌƌĞ&ŝŶĞƐĐĂŶĂƚĂůŽŐŝŬ
Pagina 3
ALL. 2
ϭϱ
ϭϱ
ϭϱ
ϵ ƉĞƐĂĂƚĞƌƌĂƵƌŽďŝůŵŽĚĞůůŽdtͬ^
ϭϬ ĨĂƐĐŝĂƉĂůůĞƚĚŝƚƚĂ&ŝůŵĂŵŽĚĞůůŽ&WϯϬϱWϴϭWϮϲϬ
ϭϭ ĐĂƌƌĞůůŽŝŶĂĐĐŝĂŝŽŝŶŽdžϱϬdžϭϬϬ
Ͳ
ϵϰϴϴ
Ͳ
Ͳ
ϮϬϬϳ
Ͳ
ϭ
ϭ
ϯ
ϰϳϮϵϮ
Ͳ
Ͳ
ϭ
ϭ
Ͳ
Ͳ
Ͳ
Ͳ
Ͳ
Ͳ
Ͳ
Ͳ
Ͳ
Ͳ
Ͳ
Ͳ
ϭ
ϭ
ϭ
ϭ ƚĞƚƚŽ
ϭ
ϭ
Ͳ
Ͳ
Ͳ
Ͳ
ϭ
Ϯ
Ͳ
Ͳ
ϭ ůŽĐĂůĞƉŽnjnjŽ
/ϬϳϬϬϭϱ
ϮϬϬϳ
Ͳ
Ͳ
Ͳ
Ͳ
ϭ
ϭ
,ϬϲϬϬϮϮ
Ͳ
Ͳ
ϮϬϬϲ
Ͳ
Ͳ
ϭ
ϭ
ϭ
Ͳ
Ͳ
Ͳ
Ͳ
Ͳ
Ͳ
Ͳ
Ͳ
ϯ
ϭ
ϭ
ϭ
/&//KϭϱͲ>K>/ͲKZZ/K/K
ϭϱ
ϭϱ
ϱ ĞƚŝĐŚĞƚƚĂƚƌŝĐĞ/ŶƚĞƌŵĞĐĂƐLJĐŽĚĞƌdŚĞƌŵŝŶĂůƉƌŝŶƚĞƌϱϬϭ
ϭϰ ĐĞƐƚĂŐƌŝŐůŝĂƚĂĐŽŶĐĂƌƌĞůůŽ
/&//KϭϱͲ>K>/ͲW/EKWZ/DK
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭ
Ϯ
ϯ
ϵ
ϭϭ
ϭϱ
ŐƌƵƉƉŽĞůĞŵĞŶƚŝŝŶĨĞƌƌŽĞĚŝŶĂĐĐŝĂŝŽŝŶŽdž;ƌŽƚƚĂŵĞͿ
ŐƌƵƉƉŽĂŐŝƚĂƚŽƌŝƉĞƌŐƌĂŶĂĐŽŶĞůŝĐŚĞĞĐĂƌƌĞůůŽ;ĐŝƌĐĂϭϱͿ
ŐƌƵƉƉŽƐĨƌŝĚŝĂƐƐŝĚŝůĞŐŶŽ
ƐƌĞďĂƚŽŝŽŝŶĂĐĐŝĂŝŽŝŶŽdžƉĞƌĂĐƋƵĂϰϬϬϬůƚ
ŐƌƵƉƉŽƐĨƌŝĚŝĂƐƐŝĚŝůĞŐŶŽ
ŐƌƵƉƉŽĐĂǀĂůůĞƚƚŝŝŶĨĞƌƌŽ;ĐŝƌĐĂϰͿ
^dZEK/&//Kϭϱ^d/Z/KE^h
ϭϱ
ϭϱ
^dZEK
^dZEK
ϭϱ
^dZEK
ϭϱ
^dZEK
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
Ϯ ƉŽŵƉĂĂĚĞƉƌĞƐƐŝŽŶĞ^ŽƌĚŝ
ϯ ĂǀǀŽůŐŝƚƵďŽŝŶĂĐĐŝĂŝŽŝŶŽdž
ƐĐŚŝŽƵŵĂƚŽƌĞͲƐĂŶŝĨŝĐĂƚŽƌĞƉŽƌƚĂƚŝůĞĐŽŶůĂŶĐŝĂĚŝƚƚĂDƵůƚŝĨŽĂŵ
ϲͬďŝƐ
ϳ ŐƌƵƉƉŽƐĞƌďĂƚŽŝŝŶĂĐĐŝĂŝŽŝŶŽdžƉĞƌƐŝĞƌŽĐŽŶĐĞŶƚƌĂƚŽĐŽƐƚŝƚƵŝƚŽĚĂ͗
ƐĞƌďĂƚŽŝŽd<ϭϭĚŝƚƚĂ^ŝŵĂƌϮϬϬ͘ϬϬϬůƚ
ŐƌƵƉƉŽƐĞƌďĂƚŽŝƉĞƌƐŝĞƌŽŵĂŐƌŽĐŽŶƉŽŵƉĞĐĂƌŝĐŽͲƐĐĂƌŝĐŽĞůĂǀĂŐŐŝŽ
^dZEK
ϴ ĐŽƐƚŝƚƵŝƚŽĚĂ͗
ƐĞƌďĂƚŽŝŽd<ϯϬϰϮϬϬ͘ϬϬϬůƚ
^dZEK ϴͬ
ƐĞƌďĂƚŽŝŽd<ϯϬϲϮϬϬ͘ϬϬϬůƚ
^dZEK ϴͬ
ƐĞƌďĂƚŽŝŽd<ϯϬϱĚŝƐƚŽĐĐĂŐŐŝŽƉĞƌŵĞĂƚŽĚĂKƐŵŽƐŝĚŝƚƚĂ^ŝŵĂƌϱϬ͘ϬϬϬ
^dZEK
ϵ ůƚ
^dZEK
ϭϭ ŐƌƵƉƉŽƐĞƌďĂƚŽŝ;Ŷ͘ϮͿƌŽƚƚĂŵĞ
^dZEK
ϭϯ ƐĞƌďĂƚŽŝŽŝŶĂĐĐŝĂŝŽŝŶŽdžƉĞƌůĂƚƚŝĐĞůůŽĚŝƚƚĂKůƌĂ/ŶŽdž
ƐĞƌďĂƚŽŝŝŶǀĞƚƌŽƌĞƐŝŶĂƉĞƌƐƚŽĐĐĂŐŐŝŽƐŝĞƌŽƵƐŽnjŽŽƚĞŶĐŝĐŽĞůĂǀĂƚƵƌĂ
^dZEK
ϭϰ ;Ŷ͘ϮĚĂϯϬ͘ϬϬϬůƚĞϭĚĂϲϬ͘ϬϬϬůƚͿ
^dZEK
ϭϵ ĐĂƐƐŽŶĞƚƚŽƌŝďĂůƚĂďŝůĞŝŶŵĞƚĂůůŽďůƵ
^dZEK
ϮϬ ŐƌƵƉƉŽĐŝƌĐĂϲϭŐƌŝŐůŝĞĐŽŶϮĐĂƌƌĞůůŝ
^dZEK
Ϯϭ ĐĂƐƐĂŝŶƉůĂƐƚŝĐĂ
^dZEK ϳͬ
njŽŶĂĐĞŶƚƌĂůĞƚĞƌŵŝĐĂ
ϭ njŽŶĂĐĞŶƚƌĂůĞƚĞƌŵŝĐĂ
^dZEKWZdEKKEEKZ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
^dZEK
^dZEK
^dZEK
^dZEK
^dZEK
^dZEK
^dZEK
^dZEK
ϮϮ
Ϯϰ
Ϯϱ
Ϯϲ
Ϯϳ
Ϯϴ
Ϯϵ
ϯϬ
ZŝďĂůƚĂƌŝĨŝƵƚŝŝŶĨĞƌƌŽ
sĂƐĐŚĞƚƚĂĂĐĂŵƉĂŶĂŝŶĂĐĐŝĂŝŽŝŶŽdžƐƵƌƵŽƚĞ
/ŵƉŝĂŶƚŽƉĞƌƐĨŝŽƌŽůĂƚƚĞƉĞƌƉƌŽĚƵnjŝŽŶĞŐƌĂŶĂĐŽƐƚŝƚƵŝƚŽĚĂ͗
ŝĚŽŶĞŝŶƉůĂƐƚŝĐĂƉĞƌůŽƐƉŽƌĐŽ
ĂŶĐĂůŝŝŶĂĐĐŝĂŝŽŝŶŽdžƉĞƌŐƌŝŐůŝĞ
ĂƌƌĞůůŝŝŶĂĐĐŝĂŝŽŝŶŽdžƉŽƌƚĂŐƌŝŐůŝĞ
'ƌŝŐůŝĞŝŶĂĐĐŝĂŝŽŝŶŽdž
ĂƐƐĞŝŶƉůĂƐƚŝĐĂϭϮϬdžϴϬdžϴϱ
ϭ
ϭ
ϭ
ϯ
ϭϳ
ϰ
ϲϴϱ
ϰ
Pagina 4
ALL. 2
/DW/EdK/Z&Z/'Z/KEWZd^h/&//Kϭϱ
^dZEKϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
^dZEK
^dZEK
^dZEK
^dZEK
^dZEK
^dZEK
^dZEK
ϰϯ
ϰϰ
ϱϯ
ϱϰ
ϱϱ
^ĐĂůĞƚƚĂŝŶĂĐĐŝĂŝŽŝŶŽdžĐŽŶƌŝƉŝĂŶŽ
^ĞƌďĂƚŽŝŽĐŽŝďĞŶƚĂƚŽƌŽƚƚĂŵĂƌĞ
ĞƐƚĂŵĞƚĂůůŽƌŝĨŝƵƚŝƌŝďĂůƚĂďŝůĞ
ĞƐƚĂƉůĂƐƚŝĐĂ
sĂƐĐŚĞƚƚĂĂĐĐŝĂŝŽŝŶŽdžĐĂƌƌĞůůĂƚĂ
ϭ
ϭ
ϭ
ϭϰ
ϭ
ϱϲ 'ƌƵƉƉŽƚĂŶŝĐŚĞĞĨƵƐƚŝŵĂƚĞƌŝĂůĞŽůŝĐŽŶƐƵŵŽŶŽŶĚŝƉƌŽƉƌŝĞƚă
ϲϯ ^ĞƌďĂƚŽŝŽĂĐĐŝĂŝŽŝŶŽdžĚŝĂŵ͘ϭϬϬdžϭϮϬ
ϭ
ϭ
W/>^dZZdK
W^
W^
W^
W^
W^
W^
W^
W^
W^
W^
W^
W^
ĨŽƌŵĂŐƌĂŶĂŝŶǀĞƚƌŽƌĞƐŝŶĂƉĞƌƉƵďďůŝĐŝƚă
ŐƌƵƉƉŽĐŝƐƚĞƌŶĞƚƚĞĚŝϭŵĐŝŶƉůĂƐƚŝĐĂ
ŐƌƵƉƉŽƐƚƌƵƚƚƵƌĞƐĐĂůŽƚƚŝŝŶĂĐĐŝĂŝŽŝŶŽdž;ĐŝƌĐĂϱϬϬͿ
ŐƌƵƉƉŽĐĂƐƐĞŝŶƉůĂƐƚŝĐĂ;ĐŝƌĐĂϲϱϲͿ
ϵ ŐƌƵƉƉŽŐƌŝŐůŝĞĐŝƌĐĂϭϬϬϬ
ϭϬ ŐƌƵƉƉŽĐĂƌƌĞůůŝƉĞƌŐƌŝŐůŝĞĐŝƌĐĂϲϬ
ϭϭ ŐƌƵƉƉŽĨƵƐƚŝŝŶƉůĂƐƚŝĐĂ
ϭϮ ŐƌƵƉƉŽĂƚƚƌĞnjnjĂƚƵƌĞǀĂƌŝĞ;ƌŽƚƚĂŵĞͿ
ϭϯ ŐƌƵƉƉŽƐĐĂĨĨĂůĂƚƵƌĞ;ƌŽƚƚĂŵĞͿ
Ͳ
Ͳ
Ͳ
Ͳ
Ͳ
Ͳ
Ͳ
Ͳ
Ͳ
Ϯ
ϯ
ϰ
ϱ
ϭϱ ĚŝƐƚƌŝďƵƚŽƌĞĚŝĞƐĞůĚĂĐĂŶƚŝĞƌĞĐŽŶǀĂƐĐĂĚŝƌĂĐĐŽůƚĂĚŝƚƚĂdŽŬŚĞŝŵĐŽŶ͗ Ͳ
ϭϱ ƉŽŵƉĂĚŝĞƌŽŐĂnjŝŽŶĞ
ϭϱ ƐĞƌďĂƚŽŝŽĐĂƉĂĐŝƚăϵ͘ϬϬϬůƚ
Ͳ
Ϯϭϰϯϴ
ϭϵϯϳϵ
ϭ
ϭ
ϭ
ϭ
ϭ
ϭ
ϭ
ϭ
ϭ
Ͳ
Ͳ
Ͳ
Ͳ
Ͳ
Ͳ
Ͳ
Ͳ
Ͳ
Ͳ
ϮϬϬϮ
ϮϬϬϮ
ϭ
ϭ
ϬϭϬϴϬϯϬϭϭϭ
ϮϬϬϴ
ϭ
ϵϲϱϬ
ϮϬϬϳ
ϭ
ϭ
ϭ
ϭ
ϭ
ϭ
ϭ
ϭ
ϭ
ϭ
Ϯ
/&//Kϭϳ>sKZ/KE'ZE'Zddh''/dKKE&/KEDEdK'ZE
>ŝŶĞĂDϲ
ϭϳ
ϲ
ϯϲ ǀǀŽůŐŝƉĂůůĞƚZŽƚŽƉůĂƚϯϬϬϬ
dĞƌŵŽĨŽƌŵĂƚƌŝĐĞ
ϭϳ
ϭϳ
ϭϳ
ϭϳ
ϭϳ
ϭϳ
ϭϳ
ϭϳ
ϭϳ
ϭϳ
ϭϳ
ϲ
ϲ
ϲ
ϲ
ϲ
ϲ
ϲ
ϲ
ϲ
ϲ
ϲ
ϭϬϲ
ϭϬϳ
ϭϭϬ
ϭϭϮ
ϭϭϰ
ϭϭϱ
ϭϭϴ
ϭϭϵ
ϭϮϬ
ϭϮϭ
ϭϮϰ
&ĂƐĐŝĂƉĂůůĞƚ&ŝůŵĂ&WϯϬ^WϴϭWϮϲϮ
^ƚĂŵƉĂŶƚĞĞƚŝĐŚĞƚƚĞĂƚĂŵĂdžtĐůĂƐƐ
ϮĐĂƌƌĞůůŝĐŽŶƌŝĐĂŵďŝ
'ƌƵĂďĂŶĚŝĞƌĂĐŽŶĂnjnjĞƌĂƚŽƌĞƉĞƐŽZŽƚŽĐĂƌ
'ƌƵĂďĂŶĚŝĞƌĂĐŽŶĂnjnjĞƌĂƚŽƌĞƉĞƐŽ
^ĐĂůĞƚƚĂŝŶĂůůƵŵŝŶŝŽ
WĞƐĂĞůĞƚƚƌŽŶŝĐĂĂƚĞƌƌĂKt/ϮϬϬϮ
ĂƌƌĞůůŽĂĐĐŝĂŝŽĐŽŶƌƵŽƚĞ
'ƌƵĂďĂŶĚŝĞƌĂĐŽŶĂnjnjĞƌĂƚŽƌĞƉĞƐŽdĂǁŝ
^ĐĂůĞƚƚĂŝŶĂůůƵŵŝŶŝŽ
ĐĂƌƌĞůůŽŝŶĂĐĐŝĂŝŽǀĂƌŝĞŵŝƐƵƌĞ
ϬϴϭϬϭϴ
h&&//KZ'Zddh'/dK
ϭϳ
ϭϳ
ϲ
ϲ
ϭϯϲ 'ƌƵĂďĂŶĚŝĞƌĂĐŽŶĂnjnjĞƌĂƚŽƌĞƉĞƐŽ
ϭϯϴ ĐĂƌƌĞůůŝŶŽĂĐĐŝĂŝŽ
ϭ
Ϯ
Pagina 5
ALL. 2
D'/EKZdKE/
ϭϳ
ϭϳ
ϭϳ
ϲ
ϲ
ϲ
ϭϰϭ ĐĂƌƌĞůůŝŶŽĂĐĐŝĂŝŽ
ϭϰϯ 'ƌƵƉƉŽĂƚƚƌĞnjnjĂƚƵƌĞĚŝƐŵĞƐƐĞ
ϭϰϰ ŝĚŽŶĞĂƐƉŝƌĂƚƵƚƚŽZ'^
ϭϳ
ϲ
ϭϰϱ ĂƐƐĞƚƚĞŝŶŵĞƚĂůůŽƉŽƌƚĂĐĂŵƉŝŽŶŝ
Ϯ
ϭ
ϭ
>>
ϭϬϬ
D'/EKK/E
ϭϳ
ϭϳ
ϭϳ
ϭϳ
ϲ
ϲ
ϲ
ϲ
ϭϰϲ
ϭϰϳ
ϭϱϮ
ϭϱϯ
^ĐĂĨĨĂůŝůĞŐŐĞƌŝĐŽŶƌŝĐĂŵďŝ
^ĐĂůĞƚƚĂŝŶĂůůƵŵŝŶŝŽ
ĂƌƌĞůůŽƉŽƌƚĂƚƚƌĞnjnjŝĐŽŶŵŽƌƐĂ
/ŐŝĞŶŝnjnjĂƚŽƌĞŵĂŶŝ^ƚĞƌŝůƉůƵƐ
ϴ
ϭ
ϭ
ϭ
KE&/KEDEdK'ZE
ϭϳ
ϭϳ
ϭϳ
ϭϮ
ϭϮ
ϭϮ
ϱ ^ƉĂnjnjŽůĂƚƌŝĐĞƐƵŽůĞdŽƉůĂƐƐŝĐĂ'ŝƌŽůĚŝ
ϳ /ŐŝĞŶŝnjnjĂƚŽƌŝŵĂŶŝ^ƚĞƌŝůƉůƵƐ
ϴ &ŝůŵĂƚƌŝĐĞ/ƚĂůĚŝďŝƉĂĐŬDĞĐƉĂĐŬ^ƚ
ϭ
Ϯ
ϭ
>/E ĨŽƌŵĂƚŝŐƌŽƐƐŝ
ϭϳ
ϭϮ
ϰϵ 'ƌƵĂďĂŶĚŝĞƌĂĐŽŶĂnjnjĞƌĂƚŽƌĞƉĞƐŽZŽƚŽĐĂƌ
ϭ
>/EdZDK&KZDdKW/'ZE/
ϭϳ
ϭϳ
ϭϳ
ϭϮ
ϭϮ
ϭϮ
ϲϱ WƵůŝǀĂƉŽƌĂĐĐŝĂŝŽ/ĚƌŽĞůĞĐƚƌŝĐϭϲϬϬ
ϲϲ ^ƉĂĐĐĂŐƌĂŶĂĂƉĞĚĂůĞ
ϲϳ ^ĐĂĨĨĂůĂƚƵƌĞƉĞƐĂŶƚŝϲĐĂŵƉĂƚĞϮƌŝƉŝĂŶŝϲŵƚ
ϭ
Ϯ
ϭ
D'/EK'ZE;>s''/K^WK>dhZͿ
ϭϳ
ϭϳ
ϭϰ
ϭϰ
ϯ ^ĐĂůĞŝŶĂůůƵŵŝŶŝŽ
ϭϭ !""#$!
Ϯ
Ͳ
>/E^WK>dhZϮ
ϭϳ
ϭϳ
ϭϰ
ϭϰ
ϭϳ 'ƌƵĂďĂŶĚŝĞƌĂĐŽŶĂnjnjĞƌĂƚŽƌĞƉĞƐŽ
Ϯϯ 'ƌƵĂďĂŶĚŝĞƌĂĐŽŶĂnjnjĞƌĂƚŽƌĞƉĞƐŽZŽƚŽĐĂƌ
ϭ
ϭ
^^/dK/K
ϭϳ
ϭϯ
ϭ ^ĐĂĨĨĂůĂƚƵƌĂƉĞƐĂŶƚĞ
ϭ
^dZEKh&&//K^^/dK/K
ϭϳ
ϭϳ
ϭϳ
ϭϳ
ϭϳ
ϭϯ
ϭϯ
ϭϯ
ϭϯ
ϭϯ
ϭϬ
ϭϭ
ϭϮ
ϭϯ
ϭϲ
^ƚĂŵƉĂŶƚĞĞƚŝĐŚĞƚƚĞĂƚĂŵĂdž
^ĐĂĨĨĂůĂƚƵƌĂϯƌŝƉĂŝŶŝϰĐĂŵƉĂƚĞ
dŝŵďƌĂƚƌŝĐĞ>ŝŶdžϲϮϬϬƐĞƌŝĞƐ;ŐƵĂƐƚĂͿ
DĂĐĐŚŝŶĂƉĞƌƚĞƌŵŽƌĞƚƌĂŝďŝůĞ^/&/WϱϲϬϬ
WĞƐĂĂƚĞƌƌĂƵƌŽďŝů
ϬϬϰ
ϮϬϬϰ
ϭ
ϭ
ϭ
ϭ
ϭ
>/E^^/dK/K
ϭϳ
ϭϯ
ϮϬ ǀĂƐĐĂŝŶĂĐĐŝĂŝŽ
ϰ
>/E^^/dKͲZddK>/W>^d/
ϭϳ
ϭϳ
ϭϯ
ϭϯ
ϯϱ ^ĐĂĨĨĂůĞĂĐĐŝĂŝŽϲƌŝƉŝĂŶŝ
ϯϲ ĂƌƌĞůůŝŶŝĨĞƌƌŽ
ϭ
Ϯ
Z^W//KE/
Pagina 6
ALL. 2
ϭϳ
ϭϳ
ϭϳ
ϭϳ
ϭϳ
ϭϳ
ϭϳ
ϭϳ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭ
Ϯ
ϯ
ϲ
ϳ
ϴ
ϵ
ϭϭ
ĂƌƌĞůůŝŝŶĂĐĐŝĂŝŽ
^ĐĂĨĨĂůĂƚƵƌĂϯĐĂŵƉĂƚĞ
&ĂƐĐŝĂƉĂůůĞƚ&ŝůŵĂ
^ƚĂŵƉĂĞƚŝĐŚĞƌƚƚĞĂƚĂŵĂdž
&ĂƐĐŝĂƉĂůůĞƚ&ŝůŵĂ
ZĞƚŝĚĂĐĂŶƚŝĞƌĞ
WĞƐĂĂƚĞƌƌĂƵƌŽďŝůssϵϳ
ĂƌƌĞůůŝŶŝǀĂƌŝ
ϯϴϴϲ
ϮϬϬϬ
ϵϰϴϵ
ϮϬϬϳ
ϴ
ϭ
ϭ
ϭ
ϭ
ϱ
ϭ
ϱ
ϵϬϭϵϳ
ϭϳͲWK^/dKZdKE/WZKss/^KZ/K
ϭϳ
ϯ DĂĐĐŚŝŶĂDDϳϬƐŝŐŝůůĂƚƌŝĐĞƐŽƚƚŽǀƵŽƚŽ
ϮϱϬϬϱ
ϭϵϵϱ
ϭ
^dZEKϭϳ
ϭϳ
ϭϳ
ϭϳ
ϭϳ
ƐƚĞƌŶŽ
ƐƚĞƌŶŽ
ƐƚĞƌŶŽ
ƐƚĞƌŶŽ
ϭ
Ϯ
ϯ
ϰ
ZŝďĂůƚĂƌŝĨŝƵƚŝŝŶĨĞƌƌŽ
ƐƉŝƌĂƚŽƌĞĐĂƌƌĞůůĂƚŽ&/W^ϭϬϮ
^ƉĂnjnjŽůĂƚƌŝĐĞĨŽƌŵĂŐƌĂŶĂŵĂŶƵĂůĞƌŝŽůŝ
'ƌƵƉƉŽĐĂƐƐĞŝŶƉůĂƐƚŝĐĂŐƌŝŐŝĂĐŝƌĐĂϲϰ
ϰ
ϯ
ϭ
ϭ
/&//KϭϰKZ',ddK^d'/KEdhZ'ZE
ϭϰͲ>K>dE/KKZ',ddK
ϭϰ
>d
ϭϰ
>d
ϭ 'ƌƵƉƉŽďŝůĂŶĐŝĂŶƵŵ͘Ϯ:h^dh^Ͳ^EdK^d&EK
'ƌƵƉƉŽ ĂƚƚƌĞnjnjĂƚƵƌĞ ŝŶ ĚŝƐƵƐŽ ; ďŝĚŽŶĞ ĂƐƉŝƌĂƚŽƌĞ͕ ĂƐƉŝƌĂůŝƋƵŝĚŝ͕
ϰ ĐŽŵƉƌĞƐƐŽƌĞͿ
ϭ
ϭ
ϭϰͲKZ',ddKD'/EK^d'/KEdhZ
ϭϰ
ϭϰ
ϭϰ
ϭϰ
ϭϰ
ϭϰ
ϭϰ
ϱ
ϱ
ϱ
ϱ
ϱ
ϱ
ϱ
ϯ
ϭϬ
ϭϯ
Ϯϯ
Ϯϲ
ϯϭ
ϯϲ
WĞƐĂƵƌŽďŝůů;ĨƵŽƌŝƵƐŽͿ
WĞƐŝĐĂŵƉŝŽŶĞĚĂϮϬŬŐ
ŝĚŽŶĞĂƐƉŝƌĂƚƵƚƚŽĞůĨŝŶ
ĂƌƌĞůůŽ
^ĂůĚĂƚƌŝĐĞ^ŝůŝĐŽŶϭϱϬ
^ĐĂĨĨĂůĞĐŽŶĚƵĞƉĞƐŝϮϬŬŐ
ĂƌƌĞůůŝƉŽƌƚĂĨŽƌŵĞ
ϭ
ϯϵ
ϭ
ϭ
ϭ
ϭ
ϰ
ϬϵϵϲϮϬϰϵ
ϭϰͲK&&//EKZ',ddK
ϭϰ
ϭϰ
K&
K&
ϭ ^ĐĂĨĨĂůĂƚƵƌĂůĞŐŐĞƌĂϰĐĂŵƉĂƚĞĐŽŶƌŝĐĂŵďŝ
ϱ ^ĐĂůĞƚƚĂŝŶĂůůƵŵŝŶŝŽ
ϭ
ϭ
ϭϰͲKZ',ddK^KddKdddK
ϭϰ
ϭϰ
ϭϰ
^ŽƚƚŽdĞƚƚŽ
^ŽƚƚŽdĞƚƚŽ
^ŽƚƚŽdĞƚƚŽ
ϱ WĂƌŽŶĐŽĚĂϭϬϬϬ<Ő͘
ϵ 'ƌƵƉƉŽŵĂĐĐŚŝŶĂƌŝƌŽƚƚĂŵĞ
ϭϰ /ĚƌŽƉƵůŝƚƌŝĐĞ&/WĐĂƌƌĞůůĂƚĂĐŽŶůĂŶĐŝĂŵŽĚ͘ϭϬϬKDWd
ϵϳϬϰϬϱϱ
ϭϵϵϳ
ϭ
ϭ
ϭ
WEEKEϭϵ/EdZEK
ϭϵ
ϭϵ
ϭϵ
ϭϵ
ϭϵ
ϭϵ
ϭ
Ϯ
ϯ
ϱ
ϳ
ϴ
WĞƐĂ^ĂŶƚŽ^ƚĞĨĂŶŽW^
'ƌƵƉƉƐĐĂŶƐŝĞŝŶĨĞƌƌŽ
^ƚĞƌŝůŝnjnjĂƚŽƌĞƉĞƌŵĂŶŝ^dZ/W>h^
dĂǀŽůŝƌŽƚĂŶƚŝĚŝĂĐĐƵŵƵůŽŝŶĂĐĐŝĂŝŽŝŶŽdž'͘DKE/E/
ŝůŝĂŶĐŝĂhZK/>ŵŽĚ͘dtͬW
ĂƐƐĞŝŶƉůĂƐƚŝĐĂ
ϮϮϲϴ
Pagina 7
ϭ
ϭ
ϭ
Ϯ
ϭ
ϴ
ALL. 2
ϭϵ
ϭϵ
ϭϭ ^ĐĂŶƐŝĞŝŶĨĞƌŽĐŽŶƌŝƉŝĂŶŝ
ϭϮ sĂƐĐĂŝŶĂĐĐŝĂŝŽŝŶŽdžϯϬϬdžϭϬϬdžϲϱ
ϱ
ϭ
ϭϵK&&//EDE/
ϭϵ
ϭϵ
ϭϵ
ϭϵ
ϭϵ
ϭϵ
ϭϵ
ϭϵ
ϭϵ
ϭϵ
ϭϵ
ϭϵ
ϭϵ
ϭϵ
ϭϵ
ϭϵ
ϭϵ
ϭϵ
ϭϵ
ϭϵ
ϭϵ
ϭϵ
ϭϵ
ϭϵ
ϭϵ
ϭϵ
ϭϵ
ϭϵ
ϭϵ
ϭϵ
ϭϵ
ϭϵ
ϭϵ
ϭϵ
ϭϵ
ϭϵ
ϭϵ
ϭϵ
ϭϵ
KD
ϭ ĂƉƌĞƚƚĂŝŶĨĞƌƌŽĐŽŶƌƵŽƚĞ
KD
ϯ 'ƌƵƉƉŽĐĂƌƌĞůůŝƉŽƌƚĂĨŽƌŵĞĞďŽŵďŽůĞ
KD
ϰ ŽŵƉƌĞƐƐŽƌĞĂƌŝĂĐŽŵƉƌĞƐƐĂĐŽŶƌƵŽƚĞ>DŵŽĚ͘Ϯϳů,WϮ
KD
ϱ dĂŐůŝĞƌŝŶĂŵĂŶƵĂůĞĐŽŶƚĂǀŽůŽŝŶĨĞƌƌŽK^,
KD
ϳ 'ƌƵƉƉŽŵĂĐĐŚŝŶĂƌŝƌŽƚƚĂŵĞĞƉĞnjnjŝ
KD
ϴ dĂŐůŝĞƌŝŶĂŵĂŶƵĂůĞh/DhĐŽŶƐƵƉƉŽƌƚŽŝŶĨĞƌƌŽ
KD
ϵ ^ĐĂĨĨĂůĂƚƵƌĂĐŽŶƚƵďŝĂĐĐŝĂŝŽŝŶŽdž
KD ϵͬĂ
ƐĐĂŵďŝĂƚŽƌĞĂĨĂƐĐŝŽƚƵďŝĞƌŽĐŽƌƌƵŐĂƚŽ
KD
ϭϬ 'ƌƵƉƉŽƚƌĂƉĂŶŝĞĚĂǀǀŝƚĂƚŽƌŝĞů͘
KD
ϭϭ 'ŽŶĨŝĂŐŽŵŵĞƉŽƌƚĂƚŝůĞϱ>
KD
ϭϯ ZĂƐƚƌĞůůŝĞƌĂĐŽŵƉůĞƚĂĚŝĐŚŝĂǀŝ͕ĐĂĐĐŝĂǀŝƚŝ͕ƉŝŶnjĞ͕ůŝŵĞ͕ƐĞŐŚĞƚƚŽ
KD
ϭϰ WŝĂƐƚƌĂƉĞƌƐĐĂŵďŝĂƚŽƌĞĚŝĐĂůŽƌĞŝŶĂĐĐŝĂŝŽŶƵŽǀŽ
KD
ϭϱ ^ĐĂĨĨĂůĂƚƵƌĂĐŽŶŵĂƚĞƌŝĂůĞĚŝĐŽŶƐƵŵŽ͕ǀŝƚŝ͕ůĂŵƉĂĚŝŶĞ͕ĨƵƐŝďŝůŝ͕ƌŽŶĚĞůůĞ͕ŐƌĂŶŝ
KD
ϭϲ ĂƌƌĞůůŽh^'ϱϭϵĐŽŶƵƚĞŶƐŝůŝǀĂƌŝ
KD
ϭϳ ^ĐĂĨĨĂůĂƚƵƌĂŵĞƚĂůůŝĐĂϱƌŝƉŝĂŶŝ
KD
ϭϵ ĂůŽƌŝĨĞƌŽĞů͘ĂŽůŝŽ
KD
ϮϬ ĂƐƐĞƚƚĞƉŽƌƚĂĂƚƚƌĞnjnjŝǀƵŽƚĞ
KD
Ϯϭ ŽůŽŶŶĂŐŝƌĞǀŽůĞĐŽŶǀŝƚŝĞďƵůůŽŶŝ
KD
ϮϮ >ĂǀĂƉĂǀŝŵĞŶƚŝ'E^KtdϰϬĚĂƐŝƐƚĞŵĂƌĞ
KD
Ϯϳ 'ƌƵƉƉŽƌŝĐĂŵďŝĞů͘ĐŽŶŵŽƌƐĞƚƚŝ͕ĚŝĨĨĞƌĞŶnjŝĂůŝ͕ƚĞůĞƌƵƚƚŽƌŝ͕ƐƉŝŶĞ͕ƉƵůƐĂŶƚŝ^KE
KD
Ϯϴ 'ƌƵƉƉŽƌŝĐĂŵďŝƌĐĐŽƌĚĞƌŝĂŝĚƌĂƵůŝĐĂ͕ŵĂŶŽŵĞƚƌŝ͕ƉŝƐƚŽŶŝ
KD
Ϯϵ 'ƌƵƉƉŽƉŽŵƉĞǀƵŽƚĞĚŝƐĐŽƌƚĂ;ĐŝƌĐĂϮϱͿ
KD
ϯϬ 'ƌƵƉƉŽƐĐĂůĞĂůůƵŵŝŶŝŽƉŝĞŐ͘
KD
ϯϭ 'ƌƵƉƉŽŵĂƚ͘ĚŝĐŽŶƐƵŵŽ͕ĨĂƐĐĞƚƚĞĞĐƵƐĐŝŶĞƚƚŝ
KD
ϯϮ 'ƌƵƉƉŽƌŝĐĂŵďŝƉĞƌƐƉĞĐ͘ŵĂĐĐŚŝŶĂƌŝ
KD
ϯϯ 'ƌƵƉƉŽǀĂůǀŽůĞǀĂƌŝĞƌƵďŝŶĞƚƚŝ;ĐŝƌĐĂϰϬͿ
KD
ϯϰ 'ƌƵƉƉŽŐƵĂƌŶŝnjŝŽŶŝ͕ƉŝĂƚƚĞůůŝ͕ŵŽůůĞ
ƐŝƐƚĞŵĂƉŝŐŐŝŶŐĐŽƐƚŝƚƵŝƚŽĚĂƐƚĂnjŝŽŶĞĚŝƉĂƌƚĞŶnjĂ͕ƐƚĂnjŝŽŶĞĚŝĂƌƌŝǀŽĞ
ƐƉŝŶŐŝƚŽƌĞƐŝůŝĐŽŶŝĐŽ
KD ϯϰͬĂ
KD
ϯϱ 'ƌƵƉƉŽƚƵďŝŝĚƌĂƵůŝĐŝ
KD
ϯϲ 'ƌƵƉƉŽƉĂƌĂŶĐŚŝ
KD
ϯϵ 'ƌƵƉƉŽŵŽƚŽƌŝǀĂƌŝƵƐĂƚŝĞƌŝĚƵƚƚŽƌŝĞƉŽŵƉĞ;ĐŝƌĐĂϭϬϬͿ
KD
ϰϬ ^ŵĞƌŝŐůŝĂƚŽƌĞŵĂŶƵĂůĞ
KD
ϰϭ ^ĂůĚĂƚƌŝĐĞd,ϭϲϬϬ>hD^dZĐŽŶĐĂƌƌĞůůŽ
KD
ϰϮ DK>,^ϮϬϬϰƚŝƉŽ^ͬϮϬϬD
KD
ϰϯ dƌĂƉĂŶŽĐŽŶĐŽůŽŶŶĂ^ZZDϭϵϵϳŵŽĚ͘dKϯϮ
KD
ϰϰ ^ĐĂĨĨĂůĂƚƵƌĂǀĂƌŝĂϲĐĂŵƉĂƚĞ
KD
ϰϱ dĂŐůŝŽĂůƉůĂƐŵĂthZd,W>^DyĂƌƚ͘ϬϳϬϭϵϴϰϭϬ
KD
ϰϲ WƵůŝǀĂƉŽƌWh>/:d
KD
ϰϳ ŽŵƉƌĞƐƐŽƌĞƉĞƌĂƌŝĂĐŽŵƉƌĞƐƐĂ
ϭϭϬϳϰϱ
ϯϵϭϬϬϰϳϱϮ
ϮϬϬϬ
ϮϬϬϵ
ϮϬϬϵ
ϵϳϯϱϲϳ
ϭ
ϳ
ϭ
ϭ
ϭ
ϭ
ϭ
ϯ ŶƵŽǀŝ
ϰ
ϭ
ϰ
ϭ
ϭ
ϭ
ϲ
ϯ
Ϯ
ϭ
ϭ
ϭ
ϭ
ϭ
ϰ
ϭ
ϭ
ϭ
ϭ
ϭ ŶƵŽǀŽ
ϭ
ϳ
ϭ
ϯ
ϭ
ϭ
ϭ
ϭ
ϭ
ϭ
ϭ
^dZEKϭϵ
Pagina 8
ALL. 2
ϭϵ
ϭϵ
ϭϵ
ϭϵ
ϭϵ
ϭϵ
ϭϵ
ϭϵ
ϭϵ
ϭϵ
ϭϵ
ϭϵ
ϭϵ
ϭϵ
ϭϵ
ƐƚĞƌŶŽ
ƐƚĞƌŶŽ
ƐƚĞƌŶŽ
ƐƚĞƌŶŽ
ƐƚĞƌŶŽ
ƐƚĞƌŶŽ
ƐƚĞƌŶŽ
ƐƚĞƌŶŽ
ƐƚĞƌŶŽ
ƐƚĞƌŶŽ
ƐƚĞƌŶŽ
ƐƚĞƌŶŽ
ƐƚĞƌŶŽ
ƐƚĞƌŶŽ
ƐƚĞƌŶŽ
ϯ
ϱ
ϲ
ϳ
ϴ
ϵ
ϭϬ
ϭϭ
ϭϮ
ϭϯ
ϭϰ
ϭϱ
ϭϲ
ϭϳ
Ϯϭ
ĂƐƐĞĚŝƉůĂƐƚŝĐĂ
ĂƐƐĞĐŽĨƵƐƚŝĚĂϭŵĐ͘
sĂƐĐŚĞƚƚĞƉĞƌĨŽƌŵĂŐŐŝŝŶŶĂŝůŽŶďŝĂŶĐŽϵϱdžϱϬ
^ƚĂŵƉŝƉĞƌŵŽůůŝŝŶŶĂŝůŽŶďŝĂŶĐŽϵϱdžϰϱĂŶƵŵ͘ϴƉŽƐƚŝ
^ƚĂŵƉŝĐŝƌĐŽůĂƌŝĚŝĂŵ͘ϯϬ
'ƌƵƉƉŽĚŝŵĂĐĐŚŝŶĂƌŝǀĂƌŝƌŽƚƚĂŵĞ
^ƚĂŵƉŝƉĞƌĐŝƌĐŽůĂƌŝĨŽƌĂƚŝ
'ƌƵƉƉŽĚŝŶƵŵ͘ϯĐĂƌƌŝĂŐƌŝĐŽůŝĚŝǀĂƌŝĞĚŝŵĞŶƐŝŽŶŝ
'ƌƵƉƉŽǀĂƐĐŚĞĚŝƐĂůŝŶĂƚƵƌĂǀĂƌŝŵŽĚĞůůŝŝŶƌĞƐŝŶĂ
'ƌƵƉƉŽǀĂƐĐŚĞƐĂůŝŶĂƚƵƌĂĂĐĐŝĂŝŽŝŶŽdž
'ƌƵƉƉŽƐƚƌƵƚƚƵƌĞŝŶĂĐĐŝĂŝŽŝŶŽdž
'ƌŝŐůŝĞŝŶĂĐĐŝĂŝŽŝŶŽdžϱϬϬнϱϬϬ
'ƌƵƉƉŽŵĂĐĐŚŝŶĂƌŝƌŽƚƚĂŵŝŝŶĂĐĐŝĂŝŽŝŶŽdž
^ĐĂůŽƚƚŝŝŶĂĐĐŝĂŝŽŝŶŽdžƐĞŶnjĂƌŝƉŝĂŶŝ
ZŝďĂůƚĂƌŝĨŝƵƚŝŝŶĨĞƌƌŽ
ϵϱ
ϭϯ
ϭϱϵϭ
ϭϮϯϮ
ϮϬ
ϭ
ϯϬϬ
ϭ
ϭϱ
ϲ
ϭ
ϭ
ϭ
ϲϬ
ϭ
Dh>dd/D/dZ͘/͘
Dd/
Dd/
Dd/
ϭϱ ^ƉĂnjnjĂƚƌŝĐĞKD&/WKDE/ϯϮ
ϯϴ ^ƉĂnjnjĂƚƌŝĐĞh>sKϵϬĐŽŶƉŽƐƚŽŐƵŝĚĂ
ϰϬ DĂĐĐŚŶĂƐƉĂnjnjĂƚƌŝĐĞƉĞƌƉĂǀŝŵĞŶƚŝKD
ϯϬϬϲϲϮϳ
ϮϬϬϯ
ϮϬϭϬ
ϭ
ϭ
ϭ
%
+,
0,
&'&!&($')*!
&'&!&($')-!'.$)'&!#/!
Pagina 9
ALL. 2
&ĂůůŝŵĞŶƚŽϯϭϯͬϭϬDĞĚĞŐŚŝŶŝ^ƉĂŝŶůŝƋƵŝĚĂnjŝŽŶĞ
ŝŵŵŽďŝůĞ
ƌĞƉĂƌƚŽ ďĞŶĞ
ĞƐĐƌŝnjŝŽŶĞ
DĂƚƌŝĐŽůĂ
ůů͘ϯDK/>/D,/EΖh&&//KĚŝƉƌŽƉƌŝĞƚĂΖ
ŶŶŽ Y͘ƚă
EŽƚĞ
/&//KϭϱWZKh/KE'ZE͕WZKh/KEKE&/KEDEdKDK>>/&Z^,/͕'KZ'KEK>͕Z/Kdd͕hZZK͕D^ZWKE
/&//KϭϱͲZWZdKWZKh/KEhZZK
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϰ
ϰ
ϰ
ϰ
ϰ
ϰ
ϰ
ϰ
ϰ
ϰ
ϰ
ϮϬ
Ϯϭ
ϮϮ
Ϯϳ
Ϯϴ
Ϯϵ
ϯϬ
ϯϭ
ϯϮ
ϯϰ
ϯϱ
ƐĞĚŝĂĚĂƚƚŝůŽĐŽŶďƌĂĐĐŝŽůŝĞƌƵŽƚĞ
WĞůůŵŽĚĞůůŽKƉƚŝƉůĞdž'yϭϭϬ
ŵŽŶŝƚŽƌ>ŵĂƌĐĂ>'ŵŽĚĞůůŽ&ůĂƚƌŽŶ>ϭϳϭϳϱ
ƐĞĚŝĂĚĂƚƚŝůŽĐŽŶƌƵŽƚĞ
ƐƚĂŵƉĂŶƚĞ,WůĂƐĞƌũĞƚϭϮϬϬƐĞƌŝĞƐ
WĞůůŵŽĚĞůůŽ'yϮϰϬ;DϬϭϴͿ
ŵŽŶŝƚŽƌ>ŵĂƌĐĂĞůů
ůĂŵƉĂĚĂĚĂƚĂǀŽůŽ
ŐƌƵƉƉŽĚŝĐŽŶƚŝŶƵŝƚăŝŶƚŽϮϬϬϬĐŽŶďĂƚƚĞƌŝĂ
ĂƌŵĂĚŝĞƚƚŽďĂƐƐŽŵĞƚĂůůŝĐŽĐŽŶϮĂŶƚĞ
ĂƌĂŵĚŝŽĚŝƌĞƚĞĐŽŶZĂĐŬ,W
Ͳ
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ϱϭϭŝDdϮϱϯϬϳ
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ϭ ďŽdžƵĨĨŝĐŝŽ
ϭ ďŽdžƵĨĨŝĐŝŽ
ϭ ďŽdžƵĨĨŝĐŝŽ
ϭ ďŽdžƵĨĨŝĐŝŽ
ϭ ďŽdžƵĨĨŝĐŝŽ
ϭ ďŽdžƵĨĨŝĐŝŽ
/&//KϭϱͲZWZdKKE&/KEDEdKDK>>/&Z^,/
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ϭϱ
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ϵ
ϭϬ
ϭϭ
ϭϮ
ϭϯ
ƐĐƌŝǀĂŶŝĂŝŶůĞŐŶŽ
ƐĞĚŝĂĚĂƚƚŝůŽĐŽŶƌƵŽƚĞĞďƌĂĐĐŝŽůŝ
W/DŵŽĚĞůůŽdŚŝŶŬĞŶƚĞƌ
ŵŽŶŝƚŽƌ>/D
ƐƚĂŵƉĂŶƚĞ,WůĂƐĞƌũĞƚϭϬϮϮŶǁ
ƚĞůĞĨŽŶŽ
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ϭϭ
ϭϮ
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ƐĐƌŝǀĂŶŝĂĐŽŶƌŝƉŝĂŶŽŝŶůĞŐŶŽ
ĐĂƐƐĞƚƚŝĞƌĂĐŽŶϯǀĐĂƐƐĞƚƚŝϯƌƵŽƚĞ
ƉĞŶƐŝůĞĐŽŶϮƌŝƉŝĂŶŝĂǀŝƐƚĂ
ŐƌƵƉƉŽƐĞĚŝĞ;Ŷ͘ϯͿǀĂƌŝŵŽĚĞůůŝ
ĐĂůĐŽůĂƚƌŝĐĞĚĂƚĂǀŽůŽŽůŝǀĞƚƚŝ>ŽŐŽƐϯϴϮ
ƐƚĂŵƉĂŶƚĞ,сWĞƐŬũĞƚϱϴϱϬ
WĐĞůů
ŵŽŶŝƚŽƌ>ĐĚ/DdŚŝŶŬsŝƐŝŽŶ
WĐĞůů
ŵŽŶŝƚŽƌ>ĐĚĞůů
/&//KϭϱͲZWZdKKE&/KEDEdK'KZ'KEK>D^ZWKE
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϬ
ϭϬ
ϭϬ
ϭϬ
ϮϮ
Ϯϯ
ϰϰ
ϰϱ
WĐƚĞƌŵŝŶĂůĞĚŝƌĞƚĞ^ϰϬϬŽŵƉƵƚĞƌŵĂƐƚĞƌ
ŵŽŶŝƚŽƌ>ĐĚĞůů
ƐĐƌŝǀĂŶŝĂŝŶůĞŐŶŽ
W/D
Pagina 1
ĐŽŶĨĞnjŝŽŶĂŵĞŶƚŽƚĂůĞŐŐŝŽ
ĐŽŶĨĞnjŝŽŶĂŵĞŶƚŽƚĂůĞŐŐŝŽ
ďŽdžƵĨĨŝĐŝŽ
ďŽdžƵĨĨŝĐŝŽ
ALL. 3
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϬ
ϭϬ
ϭϬ
ϭϬ
ϭϬ
ϭϬ
ϰϲ
ϰϳ
ϰϴ
ϰϵ
ϱϬ
ϱϭ
ŵŽŶŝƚŽƌ>ĐĞƌ
ƐƚĂŵƉĂŶƚĞ,Ɖ>ĂƐĞƌũĞƚϭϬϮϮŶ
ĐĂůĐŽůĂƚƌŝĐĞĚĂƚĂǀŽůŽŽůŝǀĞƚƚŝ>ŽŐŽƐϯϴϮ
ƚĞůĞĨŽŶŽ
ĐĂƐƐĞƚƚŝĞƌĂĐŽŶϯĐĂƐƐĞƚƚŝĞƌƵŽƚĞ
ƐĞĚŝĂŝŶƉůĂƐƚŝĐĂ
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Ͳ
Ͳ
Ͳ
Ͳ
Ͳ
Ͳ
Ͳ
Ͳ
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Ͳ
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ϭ
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ďŽdžƵĨĨŝĐŝŽ
ďŽdžƵĨĨŝĐŝŽ
ďŽdžƵĨĨŝĐŝŽ
ďŽdžƵĨĨŝĐŝŽ
ďŽdžƵĨĨŝĐŝŽ
ďŽdžƵĨĨŝĐŝŽ
/&//KϭϱͲ>K>/ͲKZZ/K/K͕^WK'>/dK/
ϭϱ
ϭϱ
ϲ WĐƚĞƌŵŝŶĂůĞĚŝƌĞƚĞ^ϰϬϬŽŵƉƵƚĞƌŵĂƐƚĞƌ
ϳ ŵŽŶŝƚŽƌ>ĐĚ,W>ϭϱϬϲ
/&//KϭϱͲ>K>/ͲKZZ/K/K
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ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
Ϯ
ϯ
ϰ
ϳ
ϴ
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ƐĐƌŝǀĂŶŝĂůĂŵŝŶĂƚĂŝŶůĞŐŶŽ
WĐĞůů
ŵŽŶŝƚŽƌůĐĚĞŶƋ
WĐĞůů
ƐĐĂĨĨĂůĂƚƵƌĂŝŶůĞŐŶŽůĂŵŝŶĂƚŽĐŽŶϰƌŝƉŝĂŶŝĂǀŝƐƚĂ
ƐĞĚŝĂĚĂƚƚŝůŽĐŽŶƌƵŽƚĞĞďƌĂĐĐŝŽůŝ
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ϲϱ ^ĞĚŝĞĚĂƚƚŝůŽ
ϰ
ϭϱ&ͲKE^dZEW^
Ϯ ^ĐŝǀĂŶŝĂŝŶůĞŐŶŽ
ϯ ^ĞĚŝĂĐŽŶƌƵŽƚĞĞďƌĂĐĐŝŽůŝ
ƌŵĂĚŝŽ ďĂƐƐŽ ĐŽŶ ĂŶƚĞ ƐĐŽƌƌĞǀŽůŝ ŝŶ ůĂŵŝĞƌĂ Ă ĚƵĞ ƌŝƉŝĂŶŝ ϭϴϬdžϰϱdžϴϱ
ϰ ĐŽŶŵĞŶƐŽůĂ
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ϲ ^ƚĂŵƉĂŶƚĞƐĐĂŶŶĞƌWϴϬϮϬ>ĂƐĞƌƌŽƚŚĞƌ
ϳ ĂƐƐĞƚƚŝĞƌĂƐƵƌƵŽƚĞĐŽŶϯĐĂƐƐĞƚƚŝ
ϴ ^ƚĂŵƉĂŶƚĞ/DϰϮϰϳ
ϵ ŽŵƉƵƚĞƌ>>'yϭϬϬDϬϮϳ
ϭϬ DŽŶŝƚŽƌ/Dd,/E<s/^/KE
ϭϭ ^ƚĂŵƉĂŶƚĞƉĞƌƉĞƐĂd^^/EZ//>E
ϭϯ dĂǀŽůŽŝŶůĞŐŶŽƉĞƌƐĐƌŝǀĂŶŝĂϭϰϬdžϴϬdžϳϱ
ϭϰ ^ĐƌŝǀĂŶŝĂϭϲϬdžϴϬdžϳϱ
ϭϱ ĂƐƐĞƚƚŝĞƌĂƐƵƌƵŽƚĞĐŽŶϯĐĂƐƐĞƚƚŝ
ƌŵĂĚŝŽͬsĞƚƌŝŶĞƚƚĂ ƉŽƌƚĂ ĨĂůĚŽŶŝ ŝŶ ůĂŵŝĞƌĂ ĐŽŶ Ϯ ĂŶƚĞ ŝŶ ǀĞƚƌŽ
ϭϲ ϭϬϬdžϰϱdžϮϬϬĂϱƌŝƉŝĂŶŝ
ϭϳ WŽůƚƌŽŶĞƉĞƌƵĨĨŝĐŝŽŝŶƚĞƐƐƵƚŽĐŽŶƌƵŽƚĞ
ϭϴ ƌŵĂĚŝĞƚƚŽŝŶůĞŐŶŽĂϯƌŝƉŝĂŶŝϱϬdžϳϬdžϵϬĞŵĞŶƐŽůĞ
ϭϵ ŽŵƉƵƚĞƌ>>'yϭϱϬDϬϯϳ
ϮϬ DŽŶŝƚŽƌ>>ĐŽĚ͘W<hϴϵ;DĞĚĞŐŚŝŶŝ^ƉϵϭϱϬϰϬϰͿ
ϭϱ&
ϭϱ&
ϭϱ&
ϭϱ&
ϭϱ&
ϭϱ&
ϭϱ&
ϭϱ&
ϭϱ&
ϭϱ&
ϭϱ&
ϭϱ&
ϭϱ&
ϭϱ&
ϭϱ&
ϭϱ&
ϭϱ&
ϭϱ&
ϭ
Ϯ
ϲϭϬdZzϬϬϴϵϯ
ϲϬϵϵϵϰϯϱϰϭϵϬ
'ϮϵϮϬ:
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ϭ
ϭ
ϭ
ϭ
ϭ
ϭ
ϭ
ϭ
ϭ
Ϯ
ϭ
ϯ
ϭ
ϭ
ϭ
/&//Kϭϳ>sKZ/KE'ZE'Zddh''/dKKE&/KEDEdK'ZE
dĞƌŵŽĨŽƌŵĂƚƌŝĐĞ
ϭϳ
ϭϳ
ϲ
ϲ
ϭϬϰ ^ĐƌŝǀĂŶŝĂ
ϭϬϱ ĂƚƚŝůŽ
ϭ
ϭ
Pagina 2
ALL. 3
ϭϳ
ϲ
dĞƌŵŝŶĂůĞŽŵƉƵŵĂƐƚĞƌWƌĂŵD^ϬϭϳĐŽŶŵŽŶŝƚŽƌ͕ƚĂƐƚŝĞƌĂĞůĞƚƚŽƌĞ
ϭϬϵ ĐŽĚ͘ĂďĂƌƌĞ
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h&&//KZ'Zddh'/dK
ϭϳ
ϭϳ
ϭϳ
ϭϳ
ϭϳ
ϭϳ
ϭϳ
ϭϳ
ϭϳ
ϭϳ
ϲ
ϲ
ϲ
ϲ
ϲ
ϲ
ϲ
ϲ
ϲ
ϲ
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ϭϮϴ
ϭϮϵ
ϭϯϬ
ϭϯϭ
ϭϯϮ
ϭϯϯ
ϭϯϰ
ϭϯϳ
ϭϰϬ
WĐ&ƵũŝƚnjƵ^ŝĞŵĞŶƐĐŽŶŵŽŶŝƚŽƌ
ĂůĐŽůĂƚƌŝĐĞKůŝǀĞƚƚŝůŽŐŽϴϭϰd
^ƚĂŵƉĂŶƚĞ/DŝŶĨŽƉƌŝŶƚϭϱϯϮ
ƐĞĚŝĂĚĂƚƚŝůŽ
ĐĂƐƐĞƚƚŝĞƌĂ
&ĂdžKůŝǀĞƚƚŝK^yϵϮϬϬ
WŝĂŶƚĂŶĂĂƉƉĞŶĚŝĂďŝƚŝ
^ĐĂĨĨĂůĂƚƵƌĂŝŶĨĞƌƌŽ
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ϳϯϰ,ϰϰϬϬϯ
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ϭ
ϭ
Ϯ
ϭ
ϭ
ϭ
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ϭ
ϭ
D'/EKZdKE/
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ϭϰϮ ĐŽĚŝĐŝĂďĂƌƌĞ
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>/E ĨŽƌŵĂƚŝŐƌŽƐƐŝ
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ϰϰ W^ŝĞŵĞŶƐĐŽŶƚĂƐƌƚŝĞƌĂŵŽŶŝƚĞƌĞůĞƚƚŽƌĞĐŽĚŝĐŝĂďĂƌƌĞ
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D'/EK'ZE;>s''/K^WK>dhZͿ
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ϭϳ
ϭϰ
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ϵ dĞƌŵŝŶĂůĞŽŵƉƵŵĂƐƚĞƌĐŽŶŵŽŶŝƚŽƌ͕ƚĂƐƚŝĞƌĂĞůĞƚƚŽƌĞĐŽĚŝĐŝĂďĂƌƌĞ
ϭϬ ^ĐƌŝǀĂŶŝĂ
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ϭ
Ϯϱ ^ƚĂŵƉĂŶƚĞ,W>ĂƐĞƌũĞƚϮϰϯϬdE
Ϯϲ W^ŝĞŵĞŶƐĐŽŶŵŽŶŝƚŽƌ͕ƚĂƐƚŝĞƌĂĞŐƌƵƉƉŽĚŝĐŽŶƚŝŶƵŝƚăhW^
Ϯϳ ĂůĐŽůĂƚƌŝĐĞKůŝǀĞƚƚŝůŽŐŽƐϯϴϮ
ϭ
ϭ
ϭ
>/E^WK>dhZϮ
ϭϳ
ϭϳ
ϭϳ
ϭϰ
ϭϰ
ϭϰ
h&&//K^^/dK/K
ϭϳ
ϭϳ
ϭϳ
ϭϳ
ϭϳ
ϭϯ
ϭϯ
ϭϯ
ϭϯ
ϭϯ
ϯ
ϰ
ϱ
ϲ
ϳ
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WĞůůĐŽŶŵŽŶŝƚŽƌĞƚĂƐƚŝĞƌĂ
ĂůĐŽůĂƚƌŝĐĞKůŝǀĞƚƚŝůŽŐŽƐϱϴϮ
^ƚĂŵƉĂŶƚĞƉƐŽŶW>ϲϮϬϬ
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Ϯ
ϭ
ϭ
ϭ
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ϭϯ
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ϭϯ
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ϭϱ
ϭϱ
ϭϱ
ϰ ^ĐƌŝǀĂŶŝĂ
ϱ dĞƌŵŝŶĂůĞĐŽŶŵŽŶŝƚŽƌ͕ƚĂƐƚŝĞƌĂĞůĞƚƚŽƌĞĐŽĚŝĐŝĂďĂƌƌĞ
ϭϬ dĞƌŵŝŶĂůĞĐŽŶŵŽŶŝƚŽƌ͕ƚĂƐƚŝĞƌĂĞůĞƚƚŽƌĞĐŽĚŝĐŝĂďĂƌƌĞ
ϰϱϯϭϯW
ϭ
Z^W//KE/
ϭϳ
ϭϳ
ϭϳ
ϭ
ϭ
ϭ
ϭϳͲsEKdE/KW/EKDDdK
ϭϳ
sd
ϭϮ W/DϯϬϬ'>DϬϰϮ
ϭ
Pagina 3
ALL. 3
ϭϳ
sd
ϭϯ DŽŶŝƚŽƌWĂŝůLJǀŝĞǁWdϱϮϱE
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ƌŵĂĚŝ͕ ĐĂƐƐĞƚƚŝĞƌĞ͕ ƉŽůƚƌŽŶĞ Ğ ŵŽďŝůŝ ƉĞƌ ƵĨĨŝĐŝ ƐŝĂ ƐŵŽŶƚĂƚŝ ĐŚĞ
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ϭϬ
ϭϰͲKZ',ddKD'/EK^d'/KEdhZ
ϭϰ
ϭϰ
ϭϰ
ϭϰ
ϱ
ϱ
ϱ
ϱ
ϰ
ϱ
ϲ
ϵ
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^ĐĂĨĨĂůŝůĞŐŶŽ
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Ϯ
ϭ
Ϯ
ϵ
ƌŵĂĚŝŽůĂŵŝŶĂƚŽŐƌŝŐŝŽϴĂŶƚĞĂůƚĞнϴƉŝĐĐŽůĞ
dĂǀŽůŽŝŶůĞŐŶŽĞĨĞƌƌŽ
'ƌƵƉƉŽƉŽůƚƌŽŶĞƉĞƌƵĨĨŝĐŝŽǀĂƌŝĞ
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'ƌƵƉƉŽƚĂǀŽůŽůĂŵŝŶĂƚŽƉĂŶŶĂ
^ĐĂĨĨĂůĂƚƵƌĂŝŶŵĞƚĂůůŽĐŽŵƉŽŶŝďŝůĞ
DŽŶŝƚŽƌ>,W>ϭϱϭϬ
WEd/hDϰW>>
ĂƐƐĞƚƚŝĞƌĂŵĞƚĂůůŝĐĂϯĐĂƐƐĞƚƚŝ
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DŽŶŝƚŽƌĐĂƚŽĚŝĐŽ/D'ϳϰ
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^KWWZ^^K
WƉŽƌƚĂƚŝůĞD/d
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ϭ
ϰ
ϭ
Ϯ
Ϯ
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ϭ
ϭ
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WEEKEϭϵ/EdZEK
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ϭϵ
ϭϵ
ϭϵ
ϭϵ
ϭϵ
ϭϵ
ϭϵ
ϭϵ
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h&&
h&&
h&&
h&&
h&&
h&&
h&&
h&&
h&&
h&&
h&&
h&&
h&&
h&&
h&&
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h&
h&
h&
h&
h&
h&
h&
h&
h&
h&
h&
h&
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Ϯ
ϯ
ϰ
ϱ
ϲ
ϳ
ϴ
ϵ
ϭϬ
ϭ
Ϯ
ϯ
ĂŶĐŽŶĞZĞĐĞƉƚŝŽŶŝŶůĂŵŝŶĂƚŽƉĂŶŶĂƐĂŐŽŵĂƚŽ
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DŽŶŝƚŽƌ>>>'Ϭϯϴϭ,<
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^ĞĚŝĂĚĂƚƚŝůŽĐŽŶƌƵŽƚĞ
^ĞĚŝĞ
WŝĂŶƚĂŶĂĂƉƉĞŶĚŝĂďŝƚŝ
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ĞŶƚƌĂůŝŶŽ^ŽƉŚŽƐƵƉĞƌƵůƐŽƌWŚŝůŝƉƐ
dĂǀŽůŽŝŶĐƌŝƐƚĂůůŽĞĂůůƵŵŝŶŝŽϵϬdžϮϬϬ
DŽŶŝƚŽƌ>/EϭϳϬϱϬϭ
DŽŶŝƚŽƌ>/EϭϬϭϳϮϴ
ϭ
ϭ
ϭ
ϭ
ϭ
ϭ
Ϯ
Ϯ
ϭ
ϭ
ϭ
ϭ
ϭ
Pagina 4
ALL. 3
h&
h&
h&
h&
h&
h&
h&
h&
h&
h&
h&
h&
h&
h&
h&
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h&
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h&
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h&
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h&
h&
h&
h&
h&
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ϱ
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WŽůƚƌŽŶĂŝŶƉĞůůĞĐŽŶďƌĂĐĐŝŽůŝĞƌƵŽƚĞ
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ĂƐƐĞƚƚŝĞƌĂŝŶůĂŵŝŶĂƚŽϯĐĂƐƐĞƚƚŝĐŽŶƌƵŽƚĞ
WŝĂŶƚĂŶĂĂƉƉĞŶĚŝĂďŝƚŝ
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Ϯ ƌŵĂĚŝŽŝŶůĂŵŝŶĂƚŽĂůƚŽĂϲĂŶƚĞĞϯƌŝƉŝĂŶŝϭϰϬdžϮϳϬdžϰϱ
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Pagina 5
ALL. 3
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ϰ ĞƐƚŝŶŽƉŽƌƚĂƌŝĨŝƵƚŝŝŶƉůĂƐƚŝĐĂ
ϱ ƌŵĂĚŝŽŝŶůĂŵŝŶĂƚŽĂϮĂŶƚĞϵϯdžϭϳϬdžϰϱ
ϲ DŽďŝůĞƚƚŽĂϮƌŝƉŝĂŶŝŝŶůĂŵŝŶĂƚŽϭϬϬdžϴϱdžϰϱ
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ƌŵĂĚŝŽŝŶůĂŵŝŶĂƚŽĂϴĂŶƚĞϰĂůƚĞĂϰƌŝƉŝĂŶŝĞϰďĂƐƐĞĂϮƌŝƉŝĂŶŝ
Ϯ ϭϲϬdžϮϱϬdžϱϬƉĂŶŶĂ
ϯ dĂǀŽůŽƉŽƌƚĂƐƚĂŵƉĂŶƚĞϭϮϱdžϲϬdžϳϬƉĂŶŶĂ
ϰ ^ĐƌŝǀĂŶŝĞŝŶůĂŵŝŶĂƚŽƐĂŐŽŵĂƚĞƉĞƌƉŽƐƚĂnjŝŽŶĞWƉĂŶŶĂ
ϱ ^ĐƌŝǀĂŶŝĞƌĞƚƚĂŶŐŽůĂƌŝŝŶůĂŵŝŶĂƚŽϭϮϬdžϴϬƉĂŶŶĂ
ϲ WŽůƚƌŽŶĞĚĂƚƚŝůŽĐŽŶďƌĂĐĐŝŽůŝĞƌƵŽƚĞ
ƌŵĂĚŝŽŝŶůĂŵŝŶĂƚŽĂϰĂŶƚĞϮĂůƚĞĂϰƌŝƉŝĂŶŝĞϮďĂƐƐĞĂϮƌŝƉŝĂŶŝ
ϳ ĐŽůŽƌĞƉĂŶŶĂϭϬϬdžϮϱϬdžϱϬ
ϴ DŽďŝůĞƚƚŽůŝďƌĞƌŝĂĂϮƌŝƉŝĂŶŝŝŶůĂŵŝŶĂƚŽĐŽůŽƌďŝĂŶĐŽϭϬϱdžϰϬdžϭϬϬ
ϵ ^ĞĚŝĞǀĂƌŝĞ
ϭϬ ĂƐƐĞƚƚŝĞƌĂĂϯĐĂƐƐĞƚƚŝĐŽŶƌƵŽƚĞŝŶůĂŵŝŶĂƚŽ
ϭϭ WŝĂŶƚĂŶĂĂƉƉĞŶĚŝĂďŝƚŝ
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ϭϯ ƌƵŽƚĞ&ϭϯϲϳϬϬ
ϭϰ ^ĐĂŶŶĞƌͬ&ĂdžWE^KE/h&ͲϱϭϬϬͲ
ϭϱ ^ƚĂŵƉĂŶƚĞW^KEW>ͲϲϮϬϬ
:dϰϮϭϮϳϲϱϲ
ϭϲ W>>KWd/W>y'yϮϳϬ
ϭϳ DŽŶŝƚŽƌ>>>
EͲKWϭϰϱϳͲϰϲϲϯϯͲϰϯDͲϭ>h
ϭϴ ĂůĐŽůĂƚƌŝĐĞĚĂƚĂǀŽůŽK>/sdd/>K'K^ϱϴϰ
ϭϵ ĂůĐŽůĂƚƌŝĐĞĚĂƚĂǀŽůŽK>/sdd/>K'K^ϯϱϮ
ϮϬ ^ƚĂŵƉĂŶƚĞͬ&ĂdžƌŽƚŚĞƌ^ƵƉĞƌ'ϯ
ƌŵĂĚŝŽŝŶůĂŵŝŶĂƚŽϯϲϬdžϭϳϬdžϱϬĂĚϴĂŶƚĞĐŽŶϰƌŝƉŝĂŶŝĐŽůŽƌĞƉĂŶŶĂĞ
Ϯϭ ϮŵĞŶƐŽůĞ
ϮϮ W>>KWd/W>y'yϮϰϬ
:EszϳϬ:
Ϯϯ DŽŶŝƚŽƌ>>>
Ϯϰ W/D
Ϯϱ DŽŶŝƚŽƌ>>>
Ϯϲ W>>
ϭWszϳϬ:
Ϯϳ DŽŶŝƚŽƌ>/EϭϳϬϱ'ϭ
ϭϭϭϳϱϮϬϲϰϮϭϭϰϬϬϭϰϲ
Ϯϴ ĂůĐŽůĂƚƌŝĐĞĚĂƚĂǀŽůŽ>K'K^ϯϴϮ
Ϯϵ &ƌŝŐŽƌŝĨĞƌŽ>''Ͳϭϱϭ^ŶƵŵ͘ϱϬϮdZD&Ϭϭϭϴϳ
ϯϬ ƌŵĂĚŝŽŝŶůĂŵŝŶĂƚŽƉĂŶŶĂϵϯdžϭϳϬdžϱϬĂϮĂŶƚĞĐŽŶϰƌŝƉŝĂŶŝ
ϯϭ DŽďŝůĞƚƚŽůŝďƌĞƌŝĂĂϮƌŝƉŝĂŶŝŝŶůĂŵŝŶĂƚŽĐŽůŽƌďŝĂŶĐŽϵϯdžϴϬdžϰϬ
ϯϮ ƌŵĂĚŝŽĂĚϭĂŶƚĂĞϰƌŝƉŝĂŶŝϰϳdžϴϬdžϰϬ
ϯϯ DŽďŝůĞƚƚŽůŝďƌĞƌŝĂϰϳdžϴϬdžϰϬ
ϯϰ ƌŵĂĚŝĞƚƚŽďĂƐƐŽϴϬdžϰϱdžϳϬĂϮĂŶƚĞĞϮƌŝƉŝĂŶŝŝŶůĂŵŝŶĂƚŽƉĂŶŶĂ
ϯϲ W>>'yϮϴϬ
ϴdtϮ>ϭϱ
ϯϳ DŽŶŝƚŽƌ>>>
ϯϴ DŽŶŝƚŽƌ>^D^hE'ŵŽĚ͘ϭϱϮyD
Pagina 6
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ϰ
ϵ
Ϯ
ϱ
ϯ
ϭϬ
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Ϯ
ϭ
ϭ
ϮϬϬϱ
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ϭ
ϭ
ϭ
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ϭ
ϭ
ϯ
ϭ
ϰ
ϰ
ϭ
ϭ
Ϯ
ϭ
ϭ
ϭ
ALL. 3
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DŽŶŝƚŽƌ>>>
W>>KWd/W>y'yϮϴϬ
DŽŶŝƚŽƌ>^D^hE'
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W&h:/d^h^/DE^
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ĂůĐŽůĂƚƌŝĐĞĚĂƚĂǀŽůŽK>/sdd/>K'K^ϴϭϰd
dĞůĞĨŽŶŝ^/DE^hZK^dϱϬϬϱ
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WŽůƚƌŽŶĞŝŶƉĞůůĞ
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ĂƐƐĂĨŽƌƚĞĞƐƚĞƌŶĂKE&KZd/sĞƌŽŶĂϱϳdžϭϯϬdžϲϬ
DŽďŝůĞƚƚŽƐƵƌƵŽƚĞĂϯƌŝƉŝĂŶŝŝŶĂĐĐŝĂŝŽ
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z<<ϬϲϭϮϯϯ
WWŽƌƚĂƚŝůĞ&h:/d^h^/DE^
z<>EϬϯϱϮϬϯ
DŽŶŝƚŽƌ>W,/>/W^
ϬϬϬϱϱϬϭϭϴϮϮϮ
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WŝĂŶƚĂŶĂĂƉƉĞŶĚŝĂďŝƚŝ
dĂǀŽůŽůĂŵŝŶĂƚŽƉĂŶŶĂĞŵĞƚĂůůŽϭϮϬdžϲϬ
dĂǀŽůŽůĂŵŝŶĂƚŽƉĂŶŶĂĐŽŶƉĞŶŝƐŽůĂƐĂŐŽŵĂƚĂϭϲϬdžϴϬ
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ĂƐƐĞƚƚŝĞƌĂϯĐĂƐƐĞƚƚŝĐŽŶƌƵŽƚĞ
&ĂdžƌŽƚŚĞƌŵŽĚ͘ϮϵϮϬ
ϲϯϰϬϭϱ:ϵϴϬϴϭϴ
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ĞŶƚƌĂůŝŶŽ^ŽƉŚŽƐƵƉĞƌǀŝƐŝŽŶWŚŝůŝƉƐ
dĞůĞĨŽŶŽWŚŝůŝƉƐ^ŽƉŚŽ^ĞƚdžĞĐƵƚŝǀĞ
DŽďŝůĞƚƚŽďĂƐƐŽĐŽŶƌƵŽƚĞĞϮƌŝƉŝĂŶŝĂǀŝƐƚĂ
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dĞůĞĨŽŶŽ/E^/WDh>d/sKy
ĂůĐŽůĂƚƌŝĐĞĚĂƚĂǀŽůŽK>/sdd/>K'K^ϲϵϮ
W&h:/d^h^/DE^DϬϳϮ
z<ϬϬϭϮϴϬϬϳϳϯϮϵ<ϭϭϬϴsϰϬϬϴϴϯ
dĂǀŽůŽůĂŵŝŶĂƚŽƉĂŶŶĂĞŵĞƚĂůůŽƐĂŐŽŵĂƚŽϯϴϬdžϴϬ
DŽŶŝƚŽƌ>/D
ϭϬϵϳϮϮͲϮϵ
W&h:/d^h^/DE^
z^ϭϮϵϵϰϰ
dĞůĞĨŽŶŽd>KDŵŽĚ͘^YhZ
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DŽŶŝƚŽƌ>EY'ϳϬϬ
dzϴϴϬϯϬϬϵϬϮϲ
W&h:/d^h^/DE^
zϮEϬϮϴϳϵϵ
ĂůĐŽůĂƚƌŝĐĞĚĂƚĂǀŽůŽK>/sdd/>K'K^ϴϭϰd
Pagina 7
ϮϬϬϰ
ϮϬϬϭ
ϮϬϬϴ
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ALL. 3
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ϱ
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ƌŵĂĚŝŽůĂŵŝŶĂƚŽŐƌŝŐŝŽϮнϮĂŶƚĞнϲƌŝƉŝĂŶŝϵϰdžϮϳϬ
ƌŵĂĚŝŽůĂŵŝŶĂƚŽŐƌŝŐŝŽϰĐĂƐƐĞƚƚŝнϮĂŶƚĞ
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dĂǀŽůŽůĂŵŝŶĂƚŽƉĂŶŶĂŵĞƚĂůůŽĂ>
dĂǀŽůŽůĂŵŝŶĂƚŽƉĂŶŶĂϮϬϬdžϴϬ
ŽŶĚŝnjŝŽŶĂƚŽƌĞƉŽƌƚĂƚŝůĞ/E^W/Z/E'ŵŽĚ͘/WͲϮϱϳD
W&h:/d^h^/DE^
DŽŶŝƚŽƌ>EY'ϳϬϬ
DŽŶŝƚŽƌ>>>
W>>KWd/W>y'yϮϰϬ
DŽŶŝƚŽƌ>>>
W>>KWd/W>y'yϮϰϬ;DϬϭϬͿ
DŽŶŝƚŽƌ>>/EϭϵϮϱ
W&h:/d^h^/DE^
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DĞŶƐŽůĂ
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WŽůƚƌŽŶĂĚĂƚƚŝůŽŝŶƉĞůůĞĐŽŶƌƵŽƚĞĞďƌĂĐĐŝŽůŝ
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W>>WZ/^/KEϲϳϬ
ƌŵĂĚŝŽďĂƐƐŽůĞŐŶŽĐŽŶϮĂŶƚĞǀĞƚƌŽϰƌŝƉŝĂŶŝ
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dĂǀŽůŽŝŶůĞŐŶŽƌŽƚŽŶĚŽĚŝĂŵ͘ϭϲϬ
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WŝĂŶƚĂŶĂĂƉƉĞŶĚŝĂďŝƚŝ
ĂƌƌĞůůŽŝŶĂĐĐŝĂŝŽĐŽŶƌƵŽƚĞϯƌŝƉŝĂŶŝ
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dĂǀŽůŽŝŶůĞŐŶŽϭϴϬdžϵϬ
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ĂƐƐĞƚƚŝĞƌĂϯĐĂƐƐĞƚƚŝĐŽŶƌƵŽƚĞ
WƉŽƌƚĂƚŝůĞdK^,/^d>>/dϭϬϬͲϯϳϬ
dĞůĞĨŽŶŽ
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ƌŵĂĚŝŽϮĂŶƚĞϰƌŝƉŝĂŶŝ
ƌŵĂĚŝŽĂĐŽůŽŶŶĂϮĂŶƚĞ
ƌŵĂĚŝŽĂĐĂƐƐĞƚƚŝĞϯƌŝƉŝĂŶŝĂǀŝƐƚĂ
hϰϬϲϭϯϬϬϭϵϲϵ
zDϲϬϴϵϳϲ
WϮϲϭϮϬϳϬϮϬϰϬϳϳ
z<ϬϬϭϮϲϰ
dzϴϴϬϯϯϴϱϬϮϲ
'Ϭϯϴϭ,<ϰϳϲϬϰϭϮs
ϴZszϳϬ:
EKDϲϮϳϲϳϭϲϭϴϰDhϮ
ϭd^,ϲϭ:
ϭϭϭϵϯϮϬϲϰϴϭϮϰϬϯϬϱϭ
zDϴϲϭϮϭϱ
ϰϱϮϳ
EKDϲϮϳϲϳϭϲϭϴϱϮDϭ
Dysϭ:
:dϰϭϮϳϲϳϭ
ϭϳϬϴϬϱϮϱY
Pagina 8
ϭ
ϭ
ϲ
ϭϭ
ϭ
ϯ
ϭ
Ϯ
ϭ
ϭ
ϭ
ϭ
ϭ
ϭ
ϭ
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h&
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h&
h&
h&
h&
h&
h&
h&
h&
h&
h&
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h&
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/
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/
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/
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ϯ
ϰ
ϱ
ϲ
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DŽďŝůĞĚĂƚƚŝůŽĐŽŶƌƵŽƚĞϯƌŝƉŝĂŶŝ
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WŝĂŶƚĂŶĂĂƉƉĞŶĚŝĂďŝƚŝ
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^ĞĚŝĂĚĂƚƚŝůŽ
dĞůĞĨŽŶŽ
ĂůĐŽůĂƚƌŝĐĞĚĂƚĂǀŽůŽK>/sdd/>K'K^ϲϵϮ
ĂƐƐĞƚƚŝĞƌĂŵĞƚĂůůŽϯĐĂƐƐĞƚƚŝƌƵŽƚĞ
W>>;DϬϬϮͿ
DŽŶŝƚŽƌ>>>
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^ĞĚŝĂŵĞƚĂůůŽĞƚĞƐƐƵƚŽ
WŽůƚƌŽŶĂƉĞůůĞďƌĂĐĐŝŽůŝĞƌƵŽƚĞ
WŝĂŶƚĂŶĂĂƉƉĞŶĚŝĂďŝƚŝ
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ƌŵĂĚŝŽϰĂŶƚĞнϮĂŶƚĞďĂƐƐĞĞϮĂŶƚĞŝŶǀĞƚƌŽϮϴϬdžϭϳϬ
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zDϵϰϳϳϯϭ
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hd
hd
hd
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hd
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ƌŵĂĚŝĂůƚŝϮĂŶƚĞ
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^ĐƌŝǀĂŶŝĞĂŶŐŽůĂƌŝ
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ĂƐƐĞƚƚŝĞƌĞ
W^ŝĞŵĞŶƐĐŽŶŵŽŶŝƚŽƌ^ŝĞŵĞŶƐ
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WĞůůĐŽŶŵŽŶŝƚŽƌĞůů
WĞůůĐŽŶŵŽŶŝƚŽƌ
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W^ŝĞŵĞŶƐĐŽŶŵŽŶŝƚŽƌ
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WŝĂŶƚĂŶĂĂƉƉĞŶĚŝĂďŝƚŝ
sĞƚƌŝŶĞƚƚĂ
W^ŝĞŵĞŶƐĐŽŶŵŽŶŝƚŽƌ
ĂƐƐĞƚƚŝĞƌĂďŝĂŶĐĂ
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dĂǀŽůŽĂĐĐŝĂŝŽ
^ŐĂďĞůůŝ
WĞŶƐŝůĞŵĞƚĂůůŝĐŽƌŽƐƐŽ
zDϵϰϮϱϰϴ
,Ϯϯy&ϭ:
ϳϭ<ϲϲK:
z<ϬϬϭϮϱϰ
z<ϬϬϭϮϱϱ
Pagina 9
ϭ
ϭ
ϱ
ϰ
ϯ
ϭϮ
ϳ
ϭ
ϭ
ϭ
ϭ
ϭ
ϭ
ϭ
ϭ
ϭ
ϭ
ϭ
ϭ
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ϭ
ϯ
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ALL. 3
/&//KϭϰͲh&&//KKZ',ddK
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ϭϰ
ϭϰ
ϭϰ
ϭϰ
ϭϰ
ϭϰ
ϭϰ
ϭϰ
ϭϰ
ϭϰ
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ϭϰ
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ϭϰ
ϭϰ
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h
h
h
h
h
h
h
h
h
h
h
h
h
h
h
h
h
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DĂĐĐŚŝŶĂĚĂƐĐƌŝǀĞƌĞKůŝǀĞƚƚŝdϮϰϬϬ
ƌŵĂĚŝŵĞƚĂůůŝĐŝ
ĂƐƐĂĨŽƌƚĞĂƌŵĂĚŝŽŽŶĨŽƌƚŝ
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WŝĂŶƚĂŶĂĂƉƉĞŶĚŝĂďŝƚŝ
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ϭ
/&//KϭϳͲ^WK'>/dK/
ϭϳ ^W
ϭϳ ^W
Pagina 10
ALL. 3
ϭϳ
ϭϳ
ϭϳ
ϭϳ
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^W
^W
^W
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dĂǀŽůŽ
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:dϰϳϭϭϵϰϲϰ
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ϬϬϬEϭϵϱϲϱϭϭ
Pagina 11
Ϯ
Ϯ
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Ϯ
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ϰ
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ϭ
ϭ
Ϯ
ϭ
ϲ
ϭ
ϭ
ALL. 3
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
>
>
>
>
>
>
>
>
>
>
>
>
ϯϬ
ϯϭ
ϯϮ
ϯϯ
ϯϰ
ϯϱ
ϯϲ
ϯϳ
ϯϴ
ϯϵ
ϰϬ
ϰϭ
WŝĂŶƚĂŶĂĂƉƉĞŶĚŝĂďŝƚŝ
^ĐƌŝǀĂŶŝĞ
ĂƐƐĞƚƚŝĞƌĂ
^ĞĚŝĞĚĂƚƚŝůŽ
ƌŵĂĚŝŽϮĂŶƚĞ
DĞŶƐŽůĞ
W>>н>нƚĂƐƚŝĞƌĂ
^ƚĂŵƉĂŶƚĞ,W>ĂƐĞƌũĞƚϰϭϬϬdE
W>>н>нƚĂƐƚŝĞƌĂ
W^ŝĞŵĞŶƐн>нƚĂƐƚŝĞƌĂ
ŝƐƚƌƵŐŐŝĚŽĐƵŵĞŶƚŝ
ĂĐŚĞĐĂ
ϭ
ϯ
ϯ
ϯ
Ϯ
Ϯ
ϭ
ϭ
ϭ
ϭ
ϭ
ϭ
/&//KϭϱͲD/ZK/K>K'/
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
>>
>>
>>
>>
>>
>>
>>
Ͳ
Ͳ
Ͳ
Ͳ
Ͳ
Ͳ
Ͳ
ŵŽŶŝƚŽƌ>/DdŚŝŶŬsŝƐŝŽŶ
W,WsĞĐƚƌĂ
ŵŽŶŝƚŽƌ>WŚŝůŝƉƐϭϳϬ
W,WĐŽŵƉĂƋƚ
ŐƌƵƉƉŽĐŽŶƚŝŶƵŝƚăW
ƐƚĂŵƉĂŶƚĞ,W>ĂƐĞƌũĞƚWϮϬϭϱĚŶ
ƉŝƐƚŽůĂĚŝůĞƚƚƵƌĂĐŽĚŝĐĞĂďĂƌƌĞ
ϳϯϭϰW
ϭ
ϭ
ϭ
ϭ
ϭ
ϭ
ϭ
Φ
^d/DdKd>/Eh^K
^d/DdKd>/E^K/sE/d&KZK^
ϴϵ͘ϬϬϬ͕ϬϬ
ϯϱ͘ϬϬϬ͕ϬϬ
Pagina 12
ALL. 3
&ĂůůŝŵĞŶƚŽϯϭϯͬϭϬDĞĚĞŐŚŝŶŝ^ƉĂŝŶůŝƋƵŝĚĂnjŝŽŶĞ
ŝŵŵŽďŝůĞ
ƌĞƉĂƌƚŽ ďĞŶĞ
ĞƐĐƌŝnjŝŽŶĞ
DĂƚƌŝĐŽůĂ
ůů͘ϰD//DKs/DEd/KE/EdZEĚŝƉƌŽƉƌŝĞƚă
ŶŶŽ Y͘ƚă
EŽƚĞ
/&//KϭϱWZKh/KE'ZE͕WZKh/KEKE&/KEDEdKDK>>/&Z^,/͕'KZ'KEK>͕Z/Kdd͕hZZK͕D^ZWKE
/&//KϭϱͲ>K>/ͲKZZ/K/K
ϭϱ
ϭϱ ƚƌĂŶƐƉĂůůĞƚ^ĂŵĂŐĂƉĂŶƚŽŐƌĂĨŽŵŽĚĞůůŽWŚĞ/ŶŽdž
ϬϬϭϱϱϱϭ
ϮϬϬϴ
ϭ
ϬϬϭϱϱϰϬ
ϮϬϬϴ
ϭ
/&//KϭϱͲ>K>/ͲKZZ/K/K͕^WK'>/dK/
ϭϱ
ϭϮ ƚƌĂŶƐƉĂůůĞƚ^ĂŵĂŐĂƉĂŶƚŽŐƌĂĨŽŵŽĚĞůůŽWŚĞ/ŶŽdž
/&//KϭϱͲ>K>/ͲW/EKWZ/DK
ϭϱ
ϭϮ ƚƌĂŶƐƉĂůůĞƚŵĂŶƵĂůĞ
Ͳ
Ͳ
ϭ
ϭϰ ƌŝŵŽƌĐŚŝŽĂŐƌŝĐŽůŽ
Ͳ
Ͳ
Ϯ
DƵůĞƚƚŽĞůĞƚƚƌŝĐŽKDϮϬ͘E<Ő͘ϮϬϬϬĐŽŶĐĂƌŝĐĂďĂƚƚĞƌŝĂ
dƌĂŶƐƉĂůůĞƚŵĂŶƵĂůĞ^D'W,/EKy
dƌĂŶƐƉĂůůĞƚĞůĞƚƚƌŝĐŽKDd>ϭϴĐŽŶĐĂƌŝĐĂďĂƚƚĞƌŝĂ
dƌĂŶƐƉĂůůĞƚŵĂŶƵĂůĞϭdŝƉŽd>ϭ
dƌĂŶƐƉĂůůĞƚĞůĞƚƚƌŝĐŽKDd>ϭϴĐŽŶĐĂƌŝĐĂďĂƚƚĞƌŝĂ
dƌĂŶƐƉĂůůĞƚĞůĞƚƚƌŝĐŽKDd>ϭϴƐĞŶnjĂƚĂƌŐĂĐŽŶĐĂƌŝĐĂďĂƚƚĞƌŝĂ
ϯϭϲϴϲϴϬϭϴϱ
ϭϱϱϰϭ
&ϮϰϱϮϬϱϬϭϬϴϲ
ϭϵϵϮ
ϮϬϬϴ
ϮϬϬϱ
ϮϬϬϮ
ϮϬϬϱ
dƌĂŶƐƉĂůůĞƚƐŽůůĞǀĂƚŽƌĞĞůĞƚƚƌŝĐŽW/D^WKdyͬϭϯͬϰϭϳϬ
ϯϮϳϵϲϱϳϬ
&ϮϰϱϮϬϵϬϬϴϮϰ
ϳϯϮϵϲϬϳϵ
ϭϵϵϲ
ϮϬϬϱ
ϭϵϵϲ
ϰϰϭyϬϭϳϲϱy
ϮϬϬϬ
ϮϬϬϱ
&ϮϰϱϮϯDϬϬϬϰϰ
ϱϴ
ϮϬϬϭ
ϮϬϬϲ
&ϮϰϱϮϯZϬϬϮϭϴ
ϮϬϬϰ
ϮϬϬϱ
ϭϵϵϲ
ϮϬϬϭ
W/>^dZZdK
W^
Dh>dd/D/dZ͘/͘
Dd/
Dd/
Dd/
Dd/
Dd/
Dd/
Dd/
Dd/
Dd/
Dd/
Dd/
Dd/
Dd/
Dd/
Dd/
Dd/
Dd/
Dd/
Dd/
Dd/
Dd/
Dd/
Dd/
Dd/
Dd/
Dd/
Dd/
Dd/
Ϯ
ϯ
ϰ
ϲ
ϳ
ϴ
ϵ
ϭϬ
ϭϭ
ϭϮ
ϭϯ
ϭϰ
ϭϲ
ϭϳ
ϭϴ
ϭϵ
ϮϬ
Ϯϭ
ϮϮ
Ϯϯ
Ϯϰ
Ϯϱ
Ϯϲ
Ϯϳ
Ϯϴ
Ϯϵ
ϯϬ
ϯϭ
dƌĂŶƐƉĂůůĞƚĞůĞƚƚƌŝĐŽKDd>ϭϴ
dƌĂŶƐƉĂůůĞƚƐŽůůĞǀĂƚŽƌĞĞůĞƚƚƌŝĐŽW/D^WK>ϭϬ͘ϱϭϳϬ
DƵůĞƚƚŽKDW/D^WKŵŽĚ͘yϭϴϯ
dƌĂƐƉĂůůĞƚƐŽůůĞǀĂƚŽƌĞĞůĞƚƚƌŝĐŽ,z^dZŵŽĚ͘ϱϭ͘ϮͲϮϴ
dƌĂŶƐƉĂůůĞƚĞůĞƚƚƌŝĐŽKDd>ϭϴͬͬͬ͘
dƌĂŶƐƉĂůůĞƚƉĞƐĂ/>E//hϮϮ
dƌĂŶƐƉĂůůĞƚƐŽůůĞǀĂƚŽƌĞĞůĞƚƚƌŝĐŽKDW/D^dKŵŽĚ͘dyϭϰͬϰϰϳϬ
dƌĂŶƐƉĂůůĞƚŵĂŶƵĂůĞZ/K>/&ZKŵŽĚ͘/EKyϭϱϬϬ
dƌĂŶƐƉĂůůĞƚŵĂŶƵĂůĞYh/<>/&d
dƌĂŶƐƉĂůůĞƚƐŽůůĞǀĂƚŽƌĞĞůĞƚƚƌŝĐŽKDW/D^dKŵŽĚ͘dyϭϰ
dƌĂŶƐƉĂůůĞƚĞůĞƚƚƌŝĐŽKDd>ϭϴ
dƌĂŶƐƉĂůůĞƚƐŽůůĞǀĂƚŽƌĞĞůĞƚƚƌŝĐŽKDW/D^dKŵŽĚ͘>ϭϬ͘ϱϭϳϬϬ
dƌĂŶƐƉĂůůĞƚĞůĞƚƚƌŝĐŽKDd>ϭϴ
dƌĂŶƐƉĂůůĞƚƐŽůůĞǀĂƚŽƌĞĞůĞƚƚƌŝĐŽKDW/D^dKŵŽĚ͘dyϭϯϰϰϳϬ
dƌĂŶƐƉĂůůĞƚĞůĞƚƚƌŝĐŽKDd>ϭϴ
WŝĂƚƚĂĨŽƌŵĂƐŽůůĞǀĂďŝůĞhWZ/',dϭϵ
dƌĂŶƐƉĂůůĞƚĞůĞƚƚƌŝĐŽKDd>ϭϴ
dƌĂŶƐƉĂůůĞƚŵĂŶƵĂůĞd/
^ŽůůĞǀĂďŽďŝŶĞZKdKZ>/&dΘZ/sϵϬ
dƌĂŶƐƉĂůůĞƚƐŽůůĞǀĂƚŽƌĞĞůĞƚƚƌŝĐŽKDW/D^dKŵŽĚ͘>ϭϬ͘ϱ
dƌĂŶƐƉĂůůĞƚĞůĞƚƚƌŝĐŽKDd>ϭϴ
ϳϯϮϵϲϮϭϴ
ϮϰϱϮKDϬϬϵϰϯ
ϯϮϳϵϳϰϲϭ
ϮϬϬϱ
ϭϲϬϰϱͲϬϵϵϯ
ϳϯϮϵϲϬϴϭ
ϮϰϱϮϬ^KϭϳϬϬ
Pagina 1
ϭϵϵϲ
ϮϬϬϱ
ϭ
ϭ
ϭ
ϭ
ϭ
ϭ
ϭ
ϭ
ϭ
ϭ
ϭ
ϰ
ϭ
ϭ
ϭ
ϭ
ϭ
ϭ
ϭ
ϭ
ϭ
ϭ
ϭ
ϭ ŐƵĂƐƚŽ
ϭ
ϭ
ϭ
ϭ
ALL. 4
Dd/
Dd/
Dd/
Dd/
Dd/
Dd/
Dd/
Dd/
Dd/
ϯϮ
ϯϯ
ϯϰ
ϯϱ
ϯϲ
ϯϳ
^ŽůůĞǀĂďŽďŝŶĞZKdKZ>/&dΘZ/sϵϬ
DƵůĞƚƚŽͬϯͲϭϳ͘ϱEKD
dƌĂŶƐƉĂůůĞƚĞůĞƚƚƌŝĐŽKD
dƌĂŶƐƉĂůůĞƚĞůĞƚƚƌŝĐŽ:hE',/EZ/,:ϭϭϴ
DƵůĞƚƚŽͬϭϱEĂƉĂĐŝƚăϭϱϬϬ<Ő͘&/dKDZZ>>/
DƵůĞƚƚŽKDhϮϱ
dƌĂŶƐƉĂůůĞƚĞůĞƚƚƌŝĐŽĐŽŶƐŽůůĞǀĂƚŽƌĞZZ>>/&//Ks/Ed/EKŵŽĚ͘
ϯϵ ^'ϭϲƉŽƌƚĂƚĂϭϲϬϬͲϴϬϬ
ϰϭ dƌĂŶƐƉĂůůĞƚĞůĞƚƚƌŝĐŽĐŽŶďĂƚƚĞƌŝĂĚĂƐŽƐƚŝƚƵŝƚĞ
ϰϮ EƵŵ͘ϮƚƌĂŶƐƉĂůůĞƚŵĂŶƵĂůŝ
ϭϲϬϰϱͲϬϳϬϬ
&ϭϰϬϬϲϮϬϬϳϳϵ
ϯϭϲϲϲϴϭϰϭϴ
&ϭϰϬϬϰϭϬϬϭϳϲ
ϭϵϵϴ
ϮϬϬϭ
ϯϬϴϭϱϬϰϵ
ϮϬϬϭ
ϭ
ϭ
ϭ
ϭ
ϭ
ϭ
ϭ
ϭ
Ϯ
Φ
^d/DdKd>/Eh^K
^d/DdKd>/E^K/sE/d&KZK^
ϰϯ͘ϬϬϬ͕ϬϬ
ϭϱ͘ϬϬϬ͕ϬϬ
Pagina 2
ALL. 4
&ĂůůŝŵĞŶƚŽϯϭϯͬϭϬDĞĚĞŐŚŝŶŝ^ƉĂŝŶůŝƋƵŝĚĂnjŝŽŶĞ
ŝŵŵŽďŝůĞ
ƌĞƉĂƌƚŽ ďĞŶĞ
ĞƐĐƌŝnjŝŽŶĞ
DĂƚƌŝĐŽůĂ
ůů͘ϱDK/>/ZWZdKĚŝƉƌŽƉƌŝĞƚă
ŶŶŽ Y͘ƚă
EŽƚĞ
/&//KϭϱWZKh/KE'ZE͕WZKh/KEKE&/KEDEdKDK>>/&Z^,/͕'KZ'KEK>͕Z/Kdd͕hZZK͕D^ZWKE
/&//KϭϱͲZWZdKWZKh/KEZ/Kdd
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϵ
ϵ
ϵ
ϵ
ϵ
ϵ
ϵ
ϵ
ϵ
ϵ
ϵ
ϯ
ϰ
ϳ
ϭϰ
ϮϬ
Ϯϯ
Ϯϳ
ϯϬ
ϯϯ
ϰϬ
ϰϭ
ĂƌŵĂĚŝŽŝŶĂĐĐŝĂŝŽŝŶŽdžĐŽŶŶ͘ϮĂŶƚĞŐƌĂŶĚĞ
ĂƌŵĂĚŝŽŝŶĂĐĐŝĂŝŽŝŶŽdžĐŽŶŶ͘ϮĂŶƚĞƉŝĐĐŽůŽ
ƉĂƚƚƵŵŝĞƌĂŝŶĂĐĐŝĂŝŽŝŶŽdžĐŽŶƌƵŽƚĞ
ƚĂǀŽůŝŶŽŝŶĂĐĐŝĂŝŽŝŶŽdž͕ϯƌŝƉŝĂŶŝ͕ϱϬĐŵdžϳϬĐŵ
ůĂǀĞůůŽŝŶĂĐĐŝĂŝŽŝŶŽdž
ƌŝƉŝĂŶŝǀĂƌŝŵŽĚĞůůŝĞŵŝƐƵƌĞ
ƉĂƚƚƵŵŝĞƌĂŝŶƉůĂƐƚŝĐĂ
ĂƌŵĂĚŝĞƚƚŽŝŶĂĐĐŝĂŝŽŝŶŽdžĐŽŶƌƵŽƚĞ͕ϮƌŝƉŝĂŶŝĞϮĂŶƚĞ
ƐĐĂĨĨĂůĂƚƵƌĂŝŶŵĞƚĂůůŽĐŽŶϰƌŝƉŝĂŶŝ>Ϯ͕ϴϬŵ
ĂƌŵĂĚŝŽŝŶĂĐĐŝĂŝŽŝŶŽdžĂϮĂŶƚĞĞϯƌŝƉŝĂŶŝ͕ϭϴϬĐŵdžϭϯϱĐŵ
ƚĂǀŽůŝŶŽŝŶĂĐĐŝĂŝŽŝŶŽdž͕ϮƌŝƉŝĂŶŝ
Ͳ
Ͳ
Ͳ
Ͳ
Ͳ
Ͳ
Ͳ
Ͳ
Ͳ
Ͳ
Ͳ
Ͳ
Ͳ
Ͳ
Ͳ
Ͳ
Ͳ
Ͳ
Ͳ
Ͳ
Ͳ
Ͳ
ϭ
ϭ
ϭ
ϭ
Ϯ
Ϯ
ϰ
ϭ
ϭ
ϭ
ϭ
Ͳ
Ͳ
Ͳ
Ͳ
Ͳ
Ͳ
Ͳ
Ͳ
Ͳ
Ͳ
Ͳ
Ͳ
ϭ
ϭ
ϭ
ϭ
ϯ
ϭ
/&//KϭϱͲZWZdKWZKh/KEhZZK
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϰ
ϰ
ϰ
ϰ
ϰ
ϰ
ϰ
ϰ
ϰ
ϰ
ϰ
ϰ
ϰ
ϰ
ϵ
ϭϮ
ϭϯ
ϭϳ
ϭϴ
ϭϵ
Ϯϱ
Ϯϲ
ϰϭ
ϱϴ
ϱϵ
ϲϬ
ƚĂǀŽůŽĐŽŶƌƵŽƚĞĞϭƌŝƉŝĂŶŽŝŶĂĐĐŝĂŝŽŝŶŽdž͕ϭϮϬĐŵdžϭϮϬĐŵ
ƚĂǀŽůŽŝŶĂĐĐŝĂŝŽŝŶŽdžĐŽŶƌŝƉŝĂŶŽ͕ϭϮϬĐŵdžϭϮϬĐŵ
ŐƌƵƉƉŽƐŐĂďĞůůŝŝŶĂĐĐŝĂŝŽŝŶŽdž;ĐŝƌĐĂϴͿǀĂƌŝĞŵŝƐƵƌĞ
ůĂǀĞůůŽŝŶĂĐĐŝĂŝŽŝŶŽdž
ƉĂƚƚƵŵŝĞƌĂŝŶƉůĂƐƚŝĐĂ
ƚĂǀŽůŽŝŶĂĐĐŝĂŝŽŝŶŽdž͕ϴϱĐŵdžϮϮϬĐŵ
ďĂĐŚĞĐĂŵĞƚĂůůŝĐĂĐŽŶǀĞƚƌŽ
Ͳ
Ͳ
ϭ
Ͳ
Ͳ
Ͳ
Ͳ
Ͳ
Ͳ
Ͳ
Ͳ
Ͳ
Ͳ
ϭ ďŽdžƵĨĨŝĐŝŽ
ϭ
ϭ
ϭ
ϭ
Ͳ
Ͳ
Ͳ
Ͳ
ϭ
Ϯ
ĂƌĂŵĚŝŽŝŶĂĐĐŝĂŝŽŝŶŽdžĐŽŶϲĂŶƚĞƐĐŽƌƌĞǀŽůŝĞϯƌŝƉŝĂŶŝ͕ϭϲϬĐŵdžϰϱ
ϯ ĐŵdžϮϲϬĐŵ
Ͳ
Ͳ
ϭ
ƐĐĂĨĨĂůĂƚƵƌĂŝŶŵĞƚĂůůŽďůƵĐŽŶϯƌŝƉŝĂŶŝ͕ϮϬϬĐŵdžϱϬĐŵdžϮϬϬĐŵ
ĂƌŵĂĚŝŽŝŶĂĐĐŝĂŝŽŝŶŽdžĐŽŶϮĂŶƚĞ
ƌŝƉŝĂŶŽďĂƐƐŽŝŶĂĐĐŝĂŝŽŝŶŽdž
ƉĂƚƚƵŵŝĞƌĂŝŶƉůĂƐƚŝĐĂ
Ͳ
Ͳ
Ͳ
Ͳ
Ͳ
Ͳ
Ͳ
Ͳ
ϭ
ϭ
ϭ
ϱ
ƚĂǀŽůŽŝŶĂĐĐŝĂŝŽŝŶŽdžĐŽŶƌŝƉŝĂŶŽŝŶůĞŐŶŽĞŵĞŶƐŽůĂ
ƚĂǀŽůŽŝŶĂĐĐŝĂŝŽŝŶŽdž
ůĂǀĞůůŽŝŶĂĐĐŝĂŝŽŝŶŽdž
ƉĂƚƚƵŵŝĞƌĂŝŶĂĐĐŝĂŝŽŝŶŽdžĐŽŶƌƵŽƚĞ
ĂƌŵĂĚŝŽŝŶĂĐĐŝĂŝŽŝŶŽdžĐŽŶϮĂŶƚĞ
ĂƌŵĂĚŝŽŝŶĂĐĐŝĂŝŽŝŶŽdžĐŽŶϴĂŶƚĞĞϰƌŝƉŝĂŶŝϰϱϬĐŵdžϯϭϬĐŵdžϭϬϬ
ϲϭ Đŵ
ϲϯ ďĂĐŚĞĐĂ
/&//KϭϱͲZWZdKKE&/KEDEdKDK>>/&Z^,/
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Pagina 1
ALL. 5
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ƐĐĂĨĨĂůĂƚƵƌĂŝŶĂĐĐŝĂŝŽŝŶŽdžϰƌŝƉŝĂŶŝ͕ϵϬĐŵdžϭϬϬĐŵ
ƚĂǀŽůŽŝŶĂĐĐŝĂŝŽŝŶŽdžĐŽŶϯƌŝƉŝĂŶŝ
ƚĂǀŽůŽŝŶĂĐĐŝĂŝŽŝŶŽdžĐŽŶƌŝƉŝĂŶŽ͕ϭϮϬĐŵdžϭϮϬĐŵ
ŐƌƵƉƉŽƐŐĂďĞůůŝĞƚĂǀŽůŝŶŝǀĂƌŝ;ĐŝƌĐĂϱͿ
ĂƌŵĂĚŝŽŝŶĂĐĐŝĂŝŽŝŶŽdžĐŽŶϮĂŶƚĞ
ůĂǀĞůůŽŝŶĂĐĐŝĂŝŽŝŶŽdž
ƐĐĂĨĨĂůĂƚƵƌĂĐŽŶϲƌŝƉŝĂŶŝƐƵƌƵŽƚĞ
ŵĞŶƐŽůĂŝŶĂĐĐŝĂŝŽŝŶŽdž͕ϭϬϬĐŵdžϰϬĐŵ
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ůĂǀĞůůŽŝŶĂĐĐŝĂŝŽŝŶŽdž
ƉĂƚƚƵŵŝĞƌĂŝŶƉůĂƐƚŝĐĂ
ůĂǀĞůůŽŝŶĂĐĐŝĂŝŽŝŶŽdž
ĂƌŵĂĚŝŽŝŶĂĐĐŝĂŝŽŝŶŽdžĐŽŶϮĂŶƚĞĞϰƌŝƉŝĂŶŝ
/&//KϭϱͲZWZdKWZKh/KE'ZE
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ƐĐĂĨĨĂůĂƚƵƌĂŝŶĂĐĐŝĂŝŽŝŶŽdžĐŽŶϯƌŝƉŝĂŶŝ
ĂƌŵĂĚŝŽŝŶĂĐĐŝĂŝŽŝŶŽdžĐŽŶϲĂŶƚĞĞϯƌŝƉŝĂŶŝ
ůĂǀĞůůŽŝŶĂĐĐŝĂŝŽŝŶŽdž
ƉĂƚƚƵŵŝĞƌĂŝŶƉůĂƐƚŝĐĂ
ĂƌŵĂĚŝŽŝŶĂĐĐŝĂŝŽŝŶŽdžĐŽŶϮĂŶƚĞ
/&//KϭϱͲ>K>/Ͳh&&//K/ZWZdK͕^WK'>/dK/͕^Zs//
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ƐĐĂĨĨĂůĂƚƵƌĂŵĞƚĂůůŝĐĂďĂƐƐĂĐŽŶƌŝƉŝĂŶŽŝŶĨŽƌŵŝĐĂĞϮĂŶƚĞ
ďĂĐŚĞĐĂŵĞƚĂůůŝĐĂĐŽŶǀĞƚƌŽ
ĐĞƐƚŝŶŽ
ĂƌŵĂĚŝŽŝŶĂĐĐŝĂŝŽŝŶŽdžϮĂŶƚĞǀĂƌŝĞŵŝƐƵƌĞ
ƉĂŶĐĂĐŽŶĂƌŵĂĚŝĞƚƚŽĚĂƐƉŽŐůŝĂƚŽŝŽĐŽŶϮĂŶƚĞ
ĐĞƐƚŝŶŽĐŽŶĚŝƐƚƌŝďƵƚŽƌĞĐƵĨĨŝĞĞĐĂůnjĂƌŝ
ƐĞĚŝĂŝŶƉůĂƐƚŝĐĂ
ƉĂƚƚƵŵŝĞƌĂŝŶƉůĂƐƚŝĐĂ
ƚĂǀŽůŽŝŶŵĞƚĂůůŽĞĨŽƌŵŝĐĂ
ƐĐĂĨĨĂůĂƚƵƌĂŵĞƚĂůůŝĐĂĐŽŵƉŽŶŝďŝůĞĂϯƌŝƉŝĂŶŝƐƵƌƵŽƚĞ
ůŽĐĂůĞĐŽŵƉƌĞƐƐŽƌŝ
ƐƉŽŐůŝĂƚŽŝŽͲŵĞŶƐĂ
ƐƉŽŐůŝĂƚŽŝŽͲŵĞŶƐĂ
ƐƉŽŐůŝĂƚŽŝŽͲŵĞŶƐĂ
ƐƉŽŐůŝĂƚŽŝŽͲŵĞŶƐĂ
ƐƉŽŐůŝĂƚŽŝŽͲŵĞŶƐĂ
/&//KϭϱͲ>K>//ͲW/EK/EdZZdK
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ϰ ƚĂǀŽůŽŝŶĂĐĐŝĂŝŽŝŶŽdž
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ůĂǀĞůůŽŝŶĂĐĐŝĂŝŽŝŶŽdž
ƉĂƚƚƵŵŝĞƌĂŝŶĂĐĐŝĂŝŽŝŶŽdžĐŽŶƌƵŽƚĞ
ďĂĐŚĞĐĂŵĞƚĂůůŝĐĂĐŽŶǀĞƚƌŽ
ƚĂǀŽůŽŝŶĂĐĐŝĂŝŽŝŶŽdžϭϬϬdžϵϬ
ĂƌŵĂĚŝŽďĂƐƐŽŝŶĂĐĐŝĂŝŽŝŶŽdžĐŽŶϮĂŶƚĞ
ĂƌŵĂĚŝŽŝŶĂĐĐŝĂŝŽŝŶŽdžĂϮĂŶƚĞ
ƌŝƉŝĂŶŽŝŶĂĐĐŝĂŝŽŝŶŽdžϰϬdžϱϬdžŚϭϯϬ
ƉĂƚƚƵŵŝĞƌĂŝŶƉůĂƐƚŝĐĂ
Pagina 2
ALL. 5
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ŵŽďŝůĞďĂƐƐŽŝŶĂĐĐŝĂŝŽŝŶŽdžĐŽŶϮĂŶƚĞƐĐŽƌƌĞǀŽůŝĞϮƌŝƉŝĂŶŝ
Ϯϵ ϭϰϬdžϳϬdžŚϴϬ
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ƌŝƉŝĂŶŽŝŶĂĐĐŝĂŝŽŝŶŽdžϳϬdžϭϬϬdžŚϳϱ
ƉĂƚƚƵŵŝĞƌĂŝŶƉůĂƐƚŝĐĂ
ůĂǀĞůůŽŝŶĂĐĐŝĂŝŽŝŶŽdž
ƚĂǀŽůŽĐŽŶƌƵŽƚĞĞϭƌŝƉŝĂŶŽŝŶĂĐĐŝĂŝŽŝŶŽdž͕ǀĂƌŝĞŵŝƐƵƌĞ
ƚĂǀŽůŽŝŶĂĐĐŝĂŝŽŝŶŽdž
ƐĐĂĨĨĂůĂƚƵƌĂĐŽŶϰƌŝƉŝĂŶŝĞƚĂǀŽůŽĐŽŶϯƌŝƉŝĂŶŝŝŶĂĐĐŝĂŝŽŝŶŽdž
ƉĂƚƚƵŵŝĞƌĂŝŶĂĐĐŝĂŝŽŝŶŽdžĐŽŶƌƵŽƚĞ
ĂƌŵĂĚŝŽŝŶĂĐĐŝĂŝŽŝŶŽdžĐŽŶϯĂŶƚĞĞϱƌŝƉŝĂŶŝ
ƐĐĂĨĨĂůĂƚƵƌĂŝŶĂĐĐŝĂŝŽŝŶŽdžĐŽŶϱƌŝƉŝĂŶŝϴϬdžϮϬϬdžϭϰϬ
ƐĐĂůĞƚƚĂƉŝĞŐŚĞǀŽůĞϯŐƌĂĚŝŶŝ
ƚĂǀŽůŽŝŶĂĐĐŝĂŝŽŝŶŽdžϯƌŝƉŝĂŶŝϭϯϬdžϭϯϬ
ĂƌŵĂĚŝŽŝŶĂĐĐŝĂŝŽŝŶŽdžĐŽŶϮĂŶƚĞ
ĂƌŵĂĚŝŽŝŶĂĐĐŝĂŝŽŝŶŽdžĐŽŶϮĂŶƚĞĞϰƌŝƉŝĂŶŝ
ƚĂǀŽůŽŝŶĂĐĐŝĂŝŽŝŶŽdž
ĐĂŵĞƌŝŶŽŐŽƌŐŽŶnjŽůĂ
ĐĂŵĞƌŝŶŽŐŽƌŐŽŶnjŽůĂ
ĐĂŵĞƌŝŶŽŐŽƌŐŽŶnjŽůĂ
ĐŽŶĨĞnjŝŽŶĂŵĞŶƚŽƚĂůĞŐŐŝŽ
ĐŽŶĨĞnjŝŽŶĂŵĞŶƚŽƚĂůĞŐŐŝŽ
ĐŽŶĨĞnjŝŽŶĂŵĞŶƚŽƚĂůĞŐŐŝŽ
ĐŽŶĨĞnjŝŽŶĂŵĞŶƚŽƚĂůĞŐŐŝŽ
ĐŽŶĨĞnjŝŽŶĂŵĞŶƚŽƚĂůĞŐŐŝŽ
ĚĞƉŽƐŝƚŽ
ĚĞƉŽƐŝƚŽ
ĐŽŶĨĞnjŝŽŶĂŵĞŶƚŽŐŽƌŐŽŶnjŽůĂĞŵĂƐĐĂƌƉŽŶĞ
ĐŽŶĨĞnjŝŽŶĂŵĞŶƚŽŐŽƌŐŽŶnjŽůĂĞŵĂƐĐĂƌƉŽŶĞ
njŽŶĂƉĞƐĂ
ƐƚĂŐŝŽŶĂƚƵƌĂ
/&//KϭϱͲ>K>/ͲKZZ/K/K
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Ϯϯ
Ϯϱ
ůĂǀĞůůŽŝŶĂĐĐŝĂŝŽŝŶŽdž
ƚĂǀŽůŝŶŽŝŶĂĐĐŝĂŝŽŝŶŽdž
ďĂĐŚĞĐĂŵĞƚĂůůŝĐĂĐŽŶǀĞƚƌŽ
ĂƌŵĂĚŝŽŝŶĂĐĐŝĂŝŽŝŶŽdžĐŽŶϰĂŶƚĞĞϰƌŝƉŝĂŶŝϰϬϬdžϭϬϬdžŚϮϱϬ
ĐĞƐƚĂŝŶƉůĂƐƚŝĐĂϴϬdžϭϮϬdžŚϳϬ
ƉĂƚƚƵŵŝĞƌĂŝŶƉůĂƐƚŝĐĂ
/&//KϭϱͲZWZdKK^DK^/
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ϭϭ
ŵŽďŝůĞďĂƐƐŽĐŽŶϮĂŶƚĞƐĐŽƌƌĞǀŽůŝŝŶĂĐĐŝĂŝŽŝŶŽdž
ůĂǀĞůůŽŝŶĂĐĐŝĂŝŽŝŶŽdž
ƚĂǀŽůŽŝŶůĞŐŶŽ
ĂƌŵĂĚŝŽĐŽŶϮĂŶƚĞŝŶĂĐĐŝĂŝŽŝŶŽdž
ƐĞĚŝĂǀĂƌŝŵŽĚĞůůŝ
ƉĂƚƚƵŵŝĞƌĂŝŶƉůĂƐƚŝĐĂ
/&//KϭϱͲ>K>/ͲKZZ/K/K͕^WK'>/dK/
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ϭϰ
ĂƌŵĂĚŝŽƐƉŽŐůŝĂƚŽŝŽĂϮĂŶƚĞ
ŐƌƵƉƉŽƐĞĚŝĞǀĂƌŝĞ;ĐŝƌĐĂϰͿ
ƉĂŶĐĂĐŽŶĂƌŵĂĚŝĞƚƚŽĚĂƐƉŽŐůŝĂƚŽŝŽĐŽŶϮĂŶƚĞ
ƌŝƉŝĂŶŽŝŶĂĐĐŝĂŝŽŝŶŽdžϱϬdžϳϬdžŚϴϬ
ƉĂƚƚƵŵŝĞƌĂŝŶƉůĂƐƚŝĐĂ
/&//KϭϱͲ>K>/ͲKZZ/K/K
ϭϱ
ϭϱ
ϭϱ
ϭ ďĂƌĂĐĐĂĚĂƵĨĨŝĐŝŽĐŽŶϭƉŽƌƚĂĞϭĨŝŶĞƐƚƌĂϭϴϬdžϯϬϬdžŚϮϱϬ
ϭϬ ƉĂƚƚƵŵŝĞƌĂŝŶƉůĂƐƚŝĐĂ
ϭϯ ĐĞƐƚĂŝŶƉůĂƐƚŝĐĂϴϬdžϭϮϬdžŚϳϬ
/&//KϭϱͲ>K>/ͲW/EKWZ/DK
ϭϱ
ϭϲ ƐĐĂĨĨĂůĂƚƵƌĂŝŶŵĞƚĂůůŽĐŽŵƉŽŶŝďŝůĞĐŽŶϱƌŝƉŝĂŶŝϴĐĂŵƉĂƚĞ
Pagina 3
ALL. 5
/&//KϭϱͲh/E>KZdKZ/K
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ϭϱ >>
ϲϰ dĂǀŽůŝŶŽŝŶĂĐĐŝĂŝŽ
ϲϲ ^ŐĂďĞůůŝŶŽ
ϭ
ϭ
^dZEKWZdEKKEEKZ
ϭϱ
^dZEK
ϯϭ ƌŵĂĚŝŽŝŶĂĐĐŝĂŝŽŝŶŽdžĂϲĂŶƚĞϯϲϬdžϮϵϬdžϭϬϬĂϰƌŝƉŝĂŶŝ
ϭ
^dZEK
ϱϴ ƌŵĂĚŝŽĂĐĐŝĂŝŽŝŶŽdžϮĂŶƚĞĐŽŶƌƵŽƚĞ
ϭ
^dZEKϭϱ
ϭϱ
ϭϱ&ͲKE^dZEW^
ϭ ŽŶƚĂŝŶĞƌƉĞƌďŽdžƉĞƐĂϮ͕ϰϬdžϰ͕ϱϬdžϮ͕ϱϬŚ
ϭϮ ŽŶƚĂŝŶĞƌϮ͕ϰϬdžϰ͕ϱϬdžϮ͕ϱϬƉĞƌďŽdžƵĨĨŝĐŝŽƌŝĐĞǀŝŵĞŶƚŽŵĞƌĐŝ
ϭϱ&
ϭϱ&
ϭ
ϭ
/&//Kϭϳ>sKZ/KE'ZE'Zddh''/dKKE&/KEDEdK'ZE
>ŝŶĞĂ͍͍͍
ϭϳ
ϲ
ϯϰ ^ƚƌƵƚƚƵƌĂƐŽƉƉĂůĐŽ
ϭ
ϰϰ dĂǀŽůŽŝŶĂĐĐŝĂŝŽĐŽŶŵĞŶƐŽůĂ
ϭ
>ŝŶĞĂDϭ;ϱϬϬͬϭϬϬϬͿ
ϭϳ
ϲ
>ŝŶĞĂDϯ;ďŽĐĐŽŶĐŝŶŝĞƐĐĂŐůŝĞͿ
ϭϳ
ϲ
ϲϬ dĂǀŽůŽŝŶĂĐĐŝĂŝŽ
ϭ
ϲ
ϲϵ dĂǀŽůŽŝŶĂĐĐŝĂŝŽĐŽŶƌƵŽƚĞ
ϭ
ϲ
ϴϬ dĂǀŽůŽĂĐĐŝĂŝŽ
ϭ
>ŝŶĞĂϱŐƌĂŵŵŝ
ϭϳ
>ŝŶĞĂϰϬͲϭϬϬϬ
ϭϳ
dĞƌŵŽĨŽƌŵĂƚƌŝĐĞ
ϭϳ
ϭϳ
ϭϳ
ϭϳ
ϭϳ
ϭϳ
ϭϳ
ϭϳ
ϭϳ
ϭϳ
ϭϳ
ϭϳ
ϲ
ϲ
ϲ
ϲ
ϲ
ϲ
ϲ
ϲ
ϲ
ϲ
ϲ
ϲ
ϵϮ
ϵϴ
ϭϬϬ
ϭϬϭ
ϭϬϮ
ϭϬϯ
ϭϬϴ
ϭϭϭ
ϭϭϯ
ϭϭϲ
ϭϮϮ
ϭϮϯ
ƚĂǀŽůŽŝŶĂĐĐŝĂŝŽǀĂƌŝĞŵŝƐƵƌĞ
dĂǀŽůŽŝŶĂĐĐŝĂŝŽ
dĂǀŽůŝŶŽŝŶĂĐĐŝĂŝŽϲϬdžϭϮϬ
dĂǀŽůŝŶŽŝŶĂĐĐŝĂŝŽϱϬdžϴϬ
^ĐĂĨĨĂůĞŝŶĂĐĐŝĂŝŽϰƌŝƉŝĂŶŝϳϬdžϭϰϬ
ƌŵĂĚŝŽďĂƐƐŽ
ƌŵĂĚŝŽĂĐĐŝĂŝŽďĂƐƐŽ
dĂǀŽůŝŶŽĂĐĐŝĂŝŽ
ƌŵĂĚŝŽŝŶĂĐĐŝĂŝŽĂůƚŽ
dĂǀŽůŝŶŽĂĐĐŝĂŝŽ
dĂǀŽůŝŶŽ
ƌŵĂĚŝŽĂĐĐŝĂŝŽďĂƐƐŽ
ϯ
ϭ
ϭ
ϭ
ϭ
ϭ
ϭ
ϭ
ϭ
ϭ
ϭ
ϭ
h&&//KZ'Zddh'/dK
ϭϳ
ϭϳ
ϲ
ϲ
ϭϮϲ ^ĐƌŝǀĂŶŝĂĂŶŐŽůŽ
ϭϯϵ ƌŵĂĚŝŽĂĐĐŝĂŝŽďĂƐƐŽ
ϭ
ϭ
ϭϰϴ ƚĂǀŽůŝŶĞƚƚŽŝŶĂĐĐŝĂŝŽ
ϭϰϵ dĂǀŽůŽĚĂůĂǀŽƌŽĐŽŶŵŽƌƐĂ
ϭϱϭ ƐĐĂĨĨĂůĞƉŝĐĐŽůŽŝŶĂĐĐŝĂŝŽ
Ϯ
ϭ
Ϯ
D'/EKK/E
ϭϳ
ϭϳ
ϭϳ
ϲ
ϲ
ϲ
Pagina 4
ALL. 5
KE&/KEDEdK'ZE
ϭϳ
ϭϳ
ϭϳ
ϭϳ
ϭϳ
ϭϳ
ĂĐŚĞĐĂ
dďƌŝĚŐĞŚŽŶĞLJǁĞůů
WĂŶĐŚĞŝŶĂůůƵŵŝŶŝŽ
ƌŵĂĚŝŽďĂƐƐŽŝŶĂĐĐŝĂŝŽ
dĂǀŽůŽŝŶĂĐĐŝĂŝŽ
ƌŵĂĚŝŽŶŝ/ŶŽdžϯϬϬdžϯϱϬ
ϭϮ
ϭϮ
ϭϮ
ϭϮ
ϭϮ
ϭϮ
Ϯ
ϯ
ϰ
ϲ
ϵ
ϭϬ
ϭ
ϭ
Ϯ
ϭ
ϭ
Ϯ
ϭϳ
ϭϮ
ϭϳ dĂǀŽůŝŶŽŝŶĂĐĐŝĂŝŽ
ϭ
ϭϳ
ϭϮ
ϯϲ dĂǀŽůŽĞƌƵůůŝĞƌĞ
ϭ
ϭϮ
ϭϮ
ϭϮ
ϰϯ dĂǀŽůŝŝŶĂĐĐŝĂŝŽ
ϰϴ ŐƌƵƉƉŽĂƌŵĂĚŝŵĞƚĂůůŝĐŝ
ϱϬ dĂǀŽůŝŶŝŝŶĂĐĐŝĂŝŽ
Ϯ
ϭ
ϰ
>/EZzKs
>/Eϲ
>/E ĨŽƌŵĂƚŝŐƌŽƐƐŝ
ϭϳ
ϭϳ
ϭϳ
>/EdZDK&KZDdKW/'ZE/
ϭϳ
ϭϮ
ϲϯ dĂǀŽůŝŝŶĂĐĐŝĂŝŽ
Ϯ
D'/EK'ZE;>s''/K^WK>dhZͿ
ϭϳ
ϭϳ
ϭϰ
ϭϰ
ϭ ƌŵĂĚŝŽŝŶĂĐĐŝĂŝŽ
ϭϮ ƌŵĂĚŝŽŝŶŵĞƚĂůůŽ
ϭ
ϭ
Ϯϰ dĂǀŽůŽŝŶĂĐĐŝĂŝŽ
ϭ
>/E^WK>dhZϮ
ϭϳ
ϭϰ
^^/dK/K
ϭϳ
ϭϯ
Ϯ dĂǀŽůŽŝŶĂĐĐŝĂŝŽϮϱϬdžϭϮϱ
ϭ
^dZEKh&&//K^^/dK/K
ϭϳ
ϭϯ
ϴ dĂǀŽůŝŶŽŝŶĂĐĐŝĂŝŽ
ϭ
>/E^^/dKͲZddK>/W>^d/
ϭϳ
ϭϯ
ϯϰ dĂǀŽůŽŝŶĂĐĐŝĂŝŽϮϬϬdžϭϬϬ
ϭ
>/E^^/dKͲZddK>/Dd>>K
ϭϳ
ϭϳ
ϭϳ
ϭϯ
ϭϯ
ϭϯ
ϰϵ dĂǀŽůŽĂĐĐŝĂŝŽϭϬϬdžϯϬϬ
ϱϬ dĂǀŽůŽĂĐĐŝĂŝŽϭϮϬdžϮϬϬ
ϱϭ dĂǀŽůŽĂĐĐŝĂŝŽϭϬϬdžϯϬϬ
ϭ
ϭ
ϭ
ϭϳͲsEKdE/KW/EKDDdK
ϭϳ
sd
ϭϰ dĂǀŽůŽŝŶĂĐĐŝĂŝŽŝŶŽdž
ϭ
/&//KϭϰKZ',ddK^d'/KEdhZ'ZE
ϭϰͲ>K>dE/KKZ',ddK
ϭϰ
>d
Ϯ ^ĐĂĨĨĂůĂƚƵƌĞǀĂƌŝĞ
ϭ
ϭϰͲKZ',ddKD'/EK^d'/KEdhZ
ϭϰ
ϭϰ
ϱ
ϱ
Ϯ dĂǀŽůŽŝŶĨĞƌƌŽ
ϭϭ ƌŵĂĚŝŽŵĞƚĂůůŝĐŽďŝĂŶĐŽ
ϭ
ϭ
Pagina 5
ALL. 5
ϭϰ
ϭϰ
ϱ
ϱ
ϮϬ ĂŶĐŽĐŽŶŵŽůĂĞŵŽƌƐĂ
ϯϮ dĂǀŽůŽŝŶĂĐĐŝĂŝŽ
ϭ
ϭ
ϭϰͲK&&//EKZ',ddK
ϭϰ
ϭϰ
ϭϰ
Ϭ&
K&
Ϭ&
Ϯ ^ĐĂĨĨĂůĂƚƵƌĂƉŝĐĐŽůĂ
ϯ ƌŵĂĚŝŽŵĞƚĂůůŝĐŽ
ϰ ĂŶĐŽĚĂůĂǀŽƌŽ
ϭ
ϭ
ϭ
ϭϰͲKZ',ddK^KddKdddK
ϭϰ
ϭϰ
^ŽƚƚŽdĞƚƚŽ
^ŽƚƚŽdĞƚƚŽ
ϯ 'ƌƵƉƉŽŵŽďŝůŝ;ϮƐĐƌŝǀĂŶŝĞͿ
ϭϱ 'ƌƵƉƉŽŵŽďŝůŝĞƐƉŽƐŝnjŝŽŶĞƐŵŽŶƚĂƚŝ
ϭ
ϭ
WEEKEϭϵ/EdZEK
ϭϵ
ϲ ƌŵĂĚŝŽŝŶůĂŵŝĞƌĂĐŽŶĂŶƚĞƐĐŽƌƌĞǀŽůŝĂϱƌŝƉŝĂŶŝ
ϭ
ϭϵK&&//EDE/
ϭϵ
ϭϵ
ϭϵ
ϭϵ
ϭϵ
KD
KD
KD
KD
KD
ϭϵ
ϭϵ
ϭϵ
KD
KD
KD
ϲ
ϭϮ
ϭϴ
Ϯϰ
Ϯϱ
ƌŵĂĚŝŽŝŶŵĞƚĂůůŽϮĂŶƚĞ
ĂŶĐŽĚŝůĂǀŽƌŽĐŽŶĐĂƐƐĞƚƚŝĞƌĂĞŵŽƌƐĂǀĂƌŝŵŽĚĞůůŝ
ƌŵĂĚŝĞƚƚŽŵĞƚĂůůŝĐŽďĂƐƐŽϮĂŶƚĞнϭĐĂƐƐĞƚƚŽ
dĂǀŽůŽĚĂůĂǀŽƌŽĐŽŶĐĂƐƐĞƚƚŝĞƌĂ
^ŽƉƉĂůĐŽĐŽŶƐƚƌƵƚƚƵƌĂŝŶĐĂƌƉĞŶƚĞƌŝĂŵĞƚĂůůŝĐĂĞƉĂǀ͘ŝŶůĂŵŝĞƌĂ
DĂŐĂnjnjŝŶŽĐŽŶƐĐĂĨĨĂůĂƚƵƌĂĞƐŽƉƉĂůĐŽĚĞůůĂZD^ƉŽƌƚĂƚĂ
Ϯϲ ϭϮϱϬŬŐͬŵƋ͕ƐĐĂĨ͘ƉŽƌƚ͘ƉĞƌĞůĞŵ͘ϱϴϬϬ
ϯϳ ƌŵĂĚŝĞƚƚŝƐƉŽŐůŝĂƚŽŝ
ϯϴ 'ƌƵƉƉŽƚĂǀŽůŽĐŽŶƐĞĚŝĞ
ϭ
ϱ
ϭ
ϭ
ϭ
ϭϵϵϳ
ϭ
ϯ
ϭ
^dZEKϭϵ
ϭϵ
ϭϵ
ƐƚĞƌŶŽ
ƐƚĞƌŶŽ
ŽŶƚĂŝŶĞƌϯϲϬdžϮϰϬdžϮϱϬĐŽŶĐŽŶĚŝnjŝŽŶĂƚŽƌĞ͕ƉŽƌƚĂƐƉŽƌĐŽĞŵŽďŝůŝǀĂƌŝ͕
ϭ ƐĐƌŝǀĂŶŝĂĚŝƌĞĐƵƉĞƌŽĞĚĂƌŵĂĚŝĞƚƚŽŝŶůĂŵŝĞƌĂ
Ϯ ŽŶƚĂŝŶĞƌƉĞƌŵĂŐĂnjnjŝŶŽŵĂƚĞƌŝĂůĞƉƵďďůŝĐŝƚĂƌŝŽϵϬϬdžϮϰϬdžϮϱϬ
ϭ
ϭ
Φ
^d/DdKd>/Eh^K
^d/DdKd>/E^K/sE/d&KZK^
ϰϯ͘ϬϬϬ͕ϬϬ
ϭϱ͘ϬϬϬ͕ϬϬ
Pagina 6
ALL. 5
&ĂůůŝŵĞŶƚŽϯϭϯͬϭϬDĞĚĞŐŚŝŶŝ^ƉĂŝŶůŝƋƵŝĚĂnjŝŽŶĞ
ŝŵŵŽďŝůĞ
ƌĞƉĂƌƚŽ ďĞŶĞ
ĞƐĐƌŝnjŝŽŶĞ
DĂƚƌŝĐŽůĂ
ŶŶŽ Y͘ƚă
ůů͘ϲhd/>/d/^ĚŝƉƌŽƉƌŝĞƚă
EŽƚĞ
/&//KϭϱWZKh/KE'ZE͕WZKh/KEKE&/KEDEdKDK>>/&Z^,/͕'KZ'KEK>͕Z/Kdd͕hZZK͕D^ZWKE
/&//KϭϱͲZWZdKWZKh/KEZ/Kdd
ϵ
ϭϱ
ƐŝƐƚĞŵĂ Ěŝ ƌĂĨĨƌĞĚĚĂŵĞŶƚŽ ƌŝĐŽƚƚĂ Ͳ ŵĂƐĐĂƌƉŽŶĞ ĐŽŶĨĞnjŝŽŶĂƚŝ ĐŽƐƚŝƚƵŝƚŽ
ĚĂ Ŷ͘ Ϯ ƚƵŶŶĞůů Ğ ĚĂ ƵŶĂ ƐƚĂnjŝŽŶĞ ĨŝŶĂůĞ ƌĞĨƌŝŐĞƌĂƚĂ ĐŽŶ ƐŝƐƚĞŵĂ Ěŝ
Ϯϲ ƐĐĂƌŝĐŽĂŶĂƐƚƌŝ
Ͳ
Ͳ
ϭ
ϯϭϵ
Ͳ
ϭ
ϳϱϴϳ
ϭϵϳϴ
ϭ
ϱϳϱϰϯ
ϭϵϴϭ
ϭ
Ͳ
ϮϬϬϴ
ϭ
Ͳ
Ͳ
Ϯ
Ͳ
ϳϳϴ
Ͳ
Ͳ
Ͳ
ϭϵϵϳ
Ͳ
Ͳ
ϭ
ϭ
ϭ
ϭ
ϵϯϲϬϯ
Ͳ
ϮϬϬϰ
ϮϬϬϱ
ϮϬϬϭ
ϮϬϬϰ
ϭϵϴϵ
Ͳ
ϭ
ϭ
ϭ
ϭ
ϭ
ϭ
Ͳ
Ͳ
ϭ
Ͳ
Ͳ
ϭ ƚĞƚƚŽ
Ͳ
ϮϬϬϴ
Ͳ
ϭ ƚĞƚƚŽ
ϭ ƚĞƚƚŽ
/&//KϭϱͲZWZdK>sKZ/KEDK>>/&Z^,/
ϭϱ
ϯ
ƵŶŝƚăĚŝƌŝĨƌŝŐĞƌĂnjŝŽŶĞĂƐŽĨĨŝƚƚŽƌĞƉĂƌƚŽůĂǀŽƌĂnjŝŽŶĞŵŽůůŝĚŝƚƚĂ
Ϯϰ DĂĚĞĨƌŝŐŽŵŽĚĞůůŽͲdEͲϮϬ
/&//KϭϱͲ>K>/Ͳh&&//K/ZWZdK͕^WK'>/dK/͕^Zs//
ϭϱ
ϭϱ
ϭϱ
ŝŵƉŝĂŶƚŽĂƵƚŽĐůĂǀĞĂĐƋƵĂĚĂƉŽnjnjŽŝŶĂĐĐŝĂŝŽnjŝŶĐĂƚŽĐŽŶϰƉŽŵƉĞ͕ϭ
Ϯϯ ƐĞƌďĂƚŽŝŽĚĂϰϬϬϬůƚ
ŝŵƉŝĂŶƚŽĂƵƚŽĐůĂǀĞĂĐƋƵĂĚŝƌĞĐƵƉĞƌŽĐŽŶϯƉŽŵƉĞ͕ϭƐĞƌďĂƚŽŝŽŝŶ
Ϯϰ ĂĐĐŝĂŝŽnjŝŶĐĂƚŽĚĂϮϬϬϬůƚ
ǀĂƐĐŽŶĞĚŝĂĐĐƵŵƵůŽƉĞƌĂĐƋƵĂƉĂƐƚŽƌŝnjnjĂƚĂĚĞůůΖŝŵƉŝĂŶƚŽƉĞƌůĂ
Ϯϱ ƉƌŽĚƵnjŝŽŶĞĚŝĐƌĞƐĐĞŶnjĂ
/&//KϭϱͲZWZdKWZKh/KE'KZ'KEK>
ϭϱ
Ϯ
ƵŶŝƚăĚŝƌŝĨƌŝŐĞƌĂnjŝŽŶĞĂƐŽĨĨŝƚƚŽƌĞƉĂƌƚŽƉƌŽĚƵnjŝŽŶĞŐŽƌŐŽŶnjŽůĂĚŝƚƚĂ
ϯϱ DĂĚĞĨƌŝŐŽ
/&//KϭϱͲZWZdKKE&/KEDEdK'KZ'KEK>D^ZWKE
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϬ
ϭϬ
ϭϬ
ϭϬ
Ϯ
ϭϭ
ϭϯ
ϭϰ
ƵŶŝƚăĚŝĐůŝŵĂƚŝnjnjĂnjŝŽŶĞŶĂϮĐĂůnjĞŝŶĂĐĐŝĂŝŽŝŶŽdž
ƵŶŝƚăĚŝĐůŝŵĂƚŝnjnjĂnjŝŽŶĞ^ŝŶƚĞĐŽĂϭĐĂůnjĂ
ƵŶŝƚăĚŝĐůŝŵĂƚŝnjnjĂnjŝŽŶĞŝƌĐůĞĂŶĂϮĐĂůnjĞŝŶĂĐĐŝĂŝŽŝŶŽdž
ƵŶŝƚăĚŝĐůŝŵĂƚŝnjnjĂnjŝŽŶĞŝƌĐůĞĂŶĂϮĐĂůnjĞŝŶĂĐĐŝĂŝŽŝŶŽdž
ĐĞůůĂĨƌĞĚĚĂŐŽƌŐŽŶnjŽůĂ
ĐĂŵĞƌŝŶŽŐŽƌŐŽŶnjŽůĂ
ĐĞůůĂŝƚĂůŝĐĂ
ĐĞůůĂƚĂůĞŐŐŝŽ
/&//KϭϱͲ>K>/ͲKZZ/K/K
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϲ
ϳ
ϴ
ϵ
ϭϬ
Ϯϲ
ĐŽŵƉƌĞƐƐŽƌĞĞĐĐĂƚŽŵŽĚĞůůŽ^ϯϬͬϴ
ĐŽŵƉƌĞƐƐŽƌĞĞĐĐĂƚŽŵŽĚĞůůŽ^ϯϬͬϴ
ĞƐƐŝĐĂƚŽƌĞĞĐĐĂƚŽŵŽĚĞůůŽy>ϯϲ
ĞƐƐŝĐĂƚŽƌĞĞĐĐĂƚŽŵŽĚĞůůŽy>ϯϲ
ƐĞƌďĂƚŽŝŽĂƌŝĂĐŽŵƉƌĞƐƐĂ>/͕Ăƚŵϴ͘ϭϬϬϬůƚ
ŐƌƵƉƉŽĨƌŝŐŽƌŝĨĞƌŽWϭϵĐŽŶϯĐŽŵƉƌĞƐƐŽƌŝ͕ŐĂƐZϰϬϰ
/ϭϮϱϱϵϭ
/ϭϴϳϲϳϯ
/ϬϯϮϰϬϱ
/ϭϮϭϬϱϰ
/&//KϭϱͲ>K>/ͲW/EKWZ/DK
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ŐƌƵƉƉŽĨƌŝŐŽƌŝĨĞƌŽWϳĐŽƐƚŝƚƵŝƚŽĚĂϯĐŽŵƉƌĞƐƐŽƌŝĐŽŶŐĂƐZϮϮĞ
ϱ ĐŽŶĚĞŶƐĂŶƚŝĂĚĂƌŝĂ
ŐƌƵƉƉŽĨƌŝŐŽƌŝĨĞƌŽWϵĐŽƐƚŝƚƵŝƚŽĚĂϮĐŽŵƉƌĞƐƐŽƌŝĐŽŶŐĂƐZϮϮĞ
ϲ ĐŽŶĚĞŶƐĂŶƚŝĂĚĂƌŝĂ
ϳ ŐƌƵƉƉŽĚŝĐůŝŵĂƚŝnjnjĂnjŝŽŶĞůĂďŽƌĂƚŽƌŝŽĚŝƚƚĂůŝǀĞƚŵŽĚĞůůŽy,ϴϮ
ϴ ŐƌƵƉƉŽĨƌŝŐŽƌŝĨĞƌŽWϭϰĐŽƐƚŝƚƵŝƚŽĚĂϭĐŽŵƉƌĞƐƐŽƌĞĐŽŶŐĂƐZϮϮ
ϲZϭϯϴŝϬϬϮ
Pagina 1
ALL. 6
ϭϱ
ϭϱ
ŵĂĐĐŚŝŶĂƉĞƌƉƌŽĚƵnjŝŽŶĞŐůŝĐŽůĞĚŝƚƚĂŽƌĞŵĂŵŽĚĞůůŽ:ͬϭϱϬ^
ϭϯ :ƵŶŝŽƌŚŝůͲĞƌĐŽŶŐĂƐZϮϮ
ϭϰ ƐĞƌďĂƚŽŝŽĂƌŝĂĐŽŵƉƌĞƐƐĂ>/
>ϬϭϮϱϱϵ
ϭ
ϭ
ϭϱϴϱ
^dZEK/&//Kϭϱ^d/Z/KE^h
ϭϱ
^dZEK
ϭϱ
^dZEK
ŐƌƵƉƉŽĨƌŝŐŽƌŝĨĞƌŽWϭϲĚŝƚƚĂŝůŝŽůŝĐŽƐƚŝƚƵŝƚŽĚĂϮĐŽŵƉƌĞƐƐŽƌŝĐŽŶŐĂƐ
ϭϮ ZϮϮĞĐŽŶĚĞŶƐĂŶƚŝĂĚĂƌŝĂ
ϭϱ ƚƌĂƐĨŽƌŵĂƚŽƌĞ;ĐĂďŝŶĂĞůĞƚƚƌŝĐĂͿ
^dZEK
^dZEK
^dZEK
ϰϱ /ŵƉŝĂŶƚŽŐĂƐKϮĞKdK
ϰϲ ^ĞƌďĂƚŽŝŽĂƌŝĂĐŽŵƉƌĞƐƐĂ^<ϮϭϬůƚ͘
ϲϰ E^^/ŝŵƉŝĂŶƚŝͲŝŵƉŝĂŶƚŽĐůŝŵĂƚŝnjnj͘EŽŶĐŽůůĞŐĂƚŽ
Ͳ
Ͳ
Ͳ
ϮϬϭϬ
ϭ
ϭ
^dZEKϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭ
ϭ
ϭ
ϭϬϱϭϲϴϬϵϲ
ϭϱ/Ͳ>K>/EdZ>dZD/
ϭϱ/
ϭϱ/
͘d͘
Ϯ ĐĂůĚĂŝĂŐĞŶĞƌĂƚŽƌĞĚŝǀĂƉŽƌĞŵĂƌĐĂĂďĐŽŬŵŽĚĞůůŽt^ͬ,ϴϬϬ
ƉŽƚĞŶnjĂϱ͘ϱϴϮŬt͕ϴƚŽŶͬŚĚŝǀĂƉŽƌĞĐŽŶƌĞĐƵƉĞƌĂƚŽƌĞĞŶĞƌŐŝĂĨƵŵŝ
ŝŵƉŝĂŶƚŽĚŝĚŝƐƚƌŝďƵnjŝŽŶĞĂĐƋƵĂĂĚĚŽůĐŝƚĂĨŽƌŵĂƚŽĚĂϭƐĞƌďĂƚŽŝŽŝŶ
ϰ ĂĐĐŝĂŝŽŝŶŽdžĚĂϱϬϬϬůƚ͕ϭƉŽŵƉĂǀĞƌƚŝĐĂůĞ>ŽǁĂƌĂŵŽĚĞůůŽtƌĂƐĐŽŶ
ŝŶǀĞƌƚĞƌ
͘d͘
ϵϵϬϵϱϮϬϯ
Ͳ
ϭ
Ͳ
Ͳ
ϭ
/&//Kϭϳ>sKZ/KE'ZE'Zddh''/dKKE&/KEDEdK'ZE
D'/EKK/E
ϭϳ
ϲ
ϭϱϬ ŽŵƉƌĞƐƐŽƌĞŽƐŵŽƐ
ϭ
^dZEKϭϳ
ϭϳ
ϭϳ
ϭϳ
ϭϳ
ϭϳ
ƐƚĞƌŶŽ
ƐƚĞƌŶŽ
ƐƚĞƌŶŽ
ƐƚĞƌŶŽ
ƐƚĞƌŶŽ
ϱ
ϲ
ϳ
ϴ
ϭϳ
ϭϳ
ƐƚĞƌŶŽ
ϭϴ
ϭϳ
ϭϳ
ϭϳ
ϭϳ
ƐƚĞƌŶŽ
ϭϵ
ƐƚĞƌŶŽ ϭϵͬ
ƐƚĞƌŶŽ
ϮϬ
ƐƚĞƌŶŽ
Ϯϭ
ŽŵƉƌĞƐƐŽƌĞĞĐĐĂƚŽ^ϲϬ/sZϭϬďĂƌ
ŽŵƉƌĞƐƐŽƌĞĞĐĐĂƚŽ^ϲϬ/sZϭϬďĂƌ
ƐƐŝĐĂƚŽƌĞĞĐĐĂƚŽyϯϬϬ
^ĞƌďĂƚŽŝŽĂƌŝĂĐŽŵƉƌĞƐƐĂ^/ϮϬϬϬůƚ͘DŽĚ͘ϮϬϬϬͲϭϬϬϲϮ
dƌĂƐĨŽƌŵĂƚŽƌĞĞůĞƚƚƌŝĐŽ
'ƌƵƉƉŽ ŶƵŵ͘Ϯ ƉŽŵƉĞ ǀƵŽƚŽ Zd^,> d,KD^ sϯϬϬ Ğ s>&y
sϯϬϬ
/ŵƉŝĂŶƚŽ ƉƌŽĚƵnjŝŽŶĞ ĂƌŝĂ ĐĂůĚĂ ĞĚ ĞƐƐŝĐĂnjŝŽŶĞ ŐƌĂƚƚƵŐŐŝĂƚŽ WE<ZK^
ŵŽĚ͘'ͬ/ϰϬϬͬ^ĐŽŶ
ǀĞŶƚŝůĂƚŽƌĞ;ϭϭϬϭϬϬϭϮϰϬϬϬŵĐ͘ĚĞůϭϵϵϱͿ
DŝĐĞůĂƚŽƌĞŐĂƐt/ddƚŝƉŽD'ϭϴϮDϭ
ƉŽŵƉĂǀƵŽƚŽƉĞƌŐƌĂƚƚƵŐŐŝĂZ/D</
t&ϮϬϭϭϵϵ
t&ϮϬϭϭϵϴ
/ϯϯϵϮϮϭ
ϴϬϱϯϮϯϬϬϮ
ϮϬϬϴ
ϮϬϬϴ
ϮϬϬϴ
ϮϬϬϴ
ϭ
ϭ
ϭ
ϭ
ϭ
ϭ
ϭϵϵϱϮϱ
ϮϬϭϬ
ϭ ĨŽƌŶŝƚŽƌĞ'Z>/;^>K>KͿ
ϭϬϵϮϭ
ϮϭϳϮ
ϭϵϴϴ
ϮϬϬϱ
ϭ
ϭ
/&//KϭϰKZ',ddK^d'/KEdhZ'ZE
ϭϰͲ>K>dE/KKZ',ddK
ϭϰ
>d
'ƌƵƉƉŽ ĨƌŝŐŽ ƉƌŽĚƵnjŝŽŶĞ ĂĐƋƵĂ ŐĞůŝĚĂ ŵĂŐĂnjnjŝŶŽ Ϯ ĐŽŵƉƌĞƐƐŽ ƌŝ ŐĂƐ
ZϮϮ Ğ Ϯ ĐŽŵƉƌĞƐƐŽƌŝ ŐĂƐ DϬϮϵ ĐŽŶ ĞǀĂƉŽƌĂƚŽƌŝ Ğ ĐŽŶĚĞŶƐĂƚŽƌŝ ĂĚ
ϯ ĂĐƋƵĂ
ϭ
ϭϰͲKZ',ddKhd/>/d/^
ϭϰ
d
ĞŶƚƌĂůĞ ƚĞƌŵŝĐĂ ĐĂůĚĂŝĂ Z/>>K ŵŽĚ͘ ZŝĞůůŽ ϯϵϬϲ͘ϰϬϬ Z͘ ƚĞƌŵŝĐĂ ƵƚŝůĞ
ϭ ŶŽŵŝ͘ϰϲϱ<ǁĐŽŶďƌƵĐŝĂƚŽƌĞZŝĞůůŽ
ϱϭϬϲϳϬϬϬϵϳϱ
ϭϵϵϳ
ϭ
ϭϰͲKZ',ddK^KddKdddK
Pagina 2
ALL. 6
ϭϰ
ϭϰ
ϭϰ
ϭϰ
ϭϰ
^ŽƚƚŽdĞƚƚŽ
^ŽƚƚŽdĞƚƚŽ
^ŽƚƚŽdĞƚƚŽ
^ŽƚƚŽdĞƚƚŽ
^ŽƚƚŽdĞƚƚŽ
ϭ
Ϯ
ϰ
ϲ
ϳ
ϭϰ
ϭϰ
ϭϰ
ϭϰ
ϭϰ
ϭϰ
ϭϰ
ϭϰ
ϭϰ
ϭϰ
ϭϰ
ϭϰ
ϭϰ
^ŽƚƚŽdĞƚƚŽ
^ŽƚƚŽdĞƚƚŽ
^ŽƚƚŽdĞƚƚŽ
^ŽƚƚŽdĞƚƚŽ
^ŽƚƚŽdĞƚƚŽ
^ŽƚƚŽdĞƚƚŽ
^ŽƚƚŽdĞƚƚŽ
^ŽƚƚŽdĞƚƚŽ
^ŽƚƚŽdĞƚƚŽ
^ŽƚƚŽdĞƚƚŽ
^ŽƚƚŽdĞƚƚŽ
^ŽƚƚŽdĞƚƚŽ
^ŽƚƚŽdĞƚƚŽ
ϴ
ϭϬ
ϭϬͬ
ϭϬͬ
ϭϬͬ
ϭϬͬ
ϭϬͬ
ϭϬͬ&
ϭϬͬ'
ϭϬͬ,
ϭϬͬ/
ϭϬͬ>
ϭϬͬD
ϭϰ
^ŽƚƚŽdĞƚƚŽ
ϭϰ
^ŽƚƚŽdĞƚƚŽ
ϭϰ
^ŽƚƚŽdĞƚƚŽ
ƐƐŝĐĂƚŽƌĞ&>h/D^WŵŽĚ͘'ϯͲϭ͘ϮĂ&ƌĞŽŶ
^ĞƌďĂƚŽŝŽĂƌŝĂĐŽŵƉƌĞƐƐĂ>/ůŝƚƌŝϭϬϬϬ
'ƌƵƉƉŽĨƌŝŐŽDϭĚŝƚƚĂ/>/K>/ϯĐŽŵƉƌĞƐƐŽƌŝ&Z^K>ŐĂƐZϮϮ
'ƌƵƉƉŽĨƌŝŐŽDϯϮĐŽŵƉƌĞƐƐŽƌŝŐĂƐZϮϮ
'ƌƵƉƉŽĨƌŝŐŽDϰϭĐŽŵƉƌĞƐƐŽƌĞŐĂƐZϮϮ
'ƌƵƉƉŽ ĨƌŝŐŽ DϮ ĚŝƚƚĂ />/K>/ ϯ ĐŽŵƉƌĞƐƐŽƌŝ ĐŽŶ ĐŽŶĚĞŶƐĂƚŽƌĞ ĂĚ
ĂĐƋƵĂd,ZDK<zͲŐĂƐZϮϮ
'ƌƵƉƉŽhdŝŶϭϭ
&>ydŵŽĚ͘dϭϲϬĐŽŵŵĞƐƐĂϭ͘ϭϯϮ;ϭͿ
&>ydŵŽĚ͘dϭϲϬĐŽŵŵĞƐƐĂϭ͘ϭϯϮ;ϮͿ
ƐĞŶnjĂƚĂƌŐĂ;ϴͿ
&>ydŵŽĚ͘dϭϲϬĐŽŵŵĞƐƐĂϭ͘ϭϯϮ;ϵͿ
ƐĞŶnjĂƚĂƌŐĂ;ϯͿ
ƐĞŶnjĂƚĂƌŐĂ;ϭϬͿ
ƐĞŶnjĂƚĂƌŐĂĐŽŶǀĞŶƚŽůĂƌŽƚƚĂ;ϰͿ
ƐĞŶnjĂƚĂƌŐĂ;ϭϭͿ
ƐĞŶnjĂƚĂƌŐĂ;ϱͿ
ƐĞŶnjĂƚĂƌŐĂ;ϲͿ
ƐĞŶnjĂƚĂƌŐĂ;ϭϮͿ
ϲϲϭϰϵ
ϭϵϴϯ
ϬϬϬϬϭϴϬϲ
ϭϵϴϱ
ϭϵϴϱ
ϭϵϴϱ
ϭϵϴϱ
ϭϭ hdƚƌĂƚƚĂŵĞŶƚŽĂƌŝĂƉĞƌĐĞůůĂĨƌĞĚĚŽĐŽŶĞƐƉĂŶƐŝŽŶĞĚŝƌĞƚƚĂŐĂƐ
hd ŶƵŵ͘ϰ '>DZ ŵŽĚ͘ dͲϭϴͲ&hͲt ŵĂƚƌ͘ ϳϰϴ ;ϰͿ͕ ŵĂƚƌ͘ ϳϰϳ
ϭϮ ;ϯͿ͕ŵĂƚƌ͘ϳϰϲ;ϮͿ͕ŵĂƚƌ͘ϳϰϵ;ϭͿ
'ƌƵƉƉŽ ĨƌŝŐŽ DYhz DϭϬ Ϯ ĐŽŵƉƌĞƐƐŽƌŝ ZϮϮ Ğ ZDϬϱϵ ĐŽŶ ƉŽůŵŽŶĞ
ϭϯ ĚŝĂĐĐƵŵƵůŽĞƉŽŵƉĞ
ϭ
ϭ
ϭ
ϭ
ϭ
ϭ
ϭ
ϭ
ϭ
ϭ
ϭ
ϭ
ϭ
ϭ
ϭ
ϭ
ϭ
ϭ
ϭ
ϭ
ϭ
WEEKEϭϵ/EdZEK
ϭϵ
ϭϵ
ϭϵ
ϭϵ
ϭϵ
ϭϬ
ϭϯ
ϭϰ
ϭϱ
ϭϲ
'ƌƵƉƉŽŶƵŵ͘ϯĐŽŶĚŝnjŝŽŶĂƚŽƌŝƉŽƌƚĂƚŝůŝ/E^W/Z/E'ŵŽĚ͘/WϮϱϳDͲ
^W>E/>/DϭϱͲKD^
ŽŵƉƌĞƐƐŽƌĞ'ϮϮĐŽŶƐĞƌďĂƚŽŝŽŝŶĨĞƌƌŽDZ<
ƐƐŝĐĂƚŽƌĞ>yϯϲdKƉƌŽĚ͘ϬϬϳϳϴϵϵ
ŽůůŝƚŽƌĞs/dZK&>yϮϬϵͬsWyŶƵŵ͘&Ăď͘ϭϭϭϱϭĐĂƉ͘ϱϬϬůƚ͘
ĂůĚĂŝĂ'Z/KE/Es>EWZϮϬϬ
ϭϭϮϱϵϮϬϰ
/ϭϮϱϲϭϰ
ϯϭϭ͘Ϭϰ͘ϬϬ
ϮϬϬϭ
ϮϬϬϭ
ϮϬϬϰ
ϮϬϬϰ
ϭ
ϭ
ϭ
ϭ
ϭ
ϭϵK&&//EDE/
ϭϵ
KD
Ϯ 'ƌƵƉƉŽĨƌŝŐŽϲϭĐŽŵƉƌĞƐƐŽƌĞŐĂƐZϮϮ
ϭ
^dZEKϭϵ
ϭϵ
ϭϵ
ϭϵ
ϭϵ
ƐƚĞƌŶŽ
ƐƚĞƌŶŽ
ƐƚĞƌŶŽ
ƐƚĞƌŶŽ
ϰ
ϭϴ
ϭϵ
ϮϬ
hŶŝƚăĚŝĐŽŶĚŝnjŝŽŶĂŵĞŶƚŽĞƐƚĞƌŶĂ/>/K>/
'ƌƵƉƉŽĨƌŝŐŽϱϭŽŵƉƌĞƐƐŽƌĞŐĂƐZϮϮ
'ƌƵƉƉŽĨƌŝŐŽϰϭŽŵƉƌĞƐƐŽƌĞŐĂƐZϮϮ
'ƌƵƉƉŽĨƌŝŐŽϯϭŽŵƉƌĞƐƐŽƌĞŐĂƐZϮϮ
ϭ
ϭ
ϭ
ϭ
Φ
)*
/*
^d/DdKd>/Eh^K
"#"$"%&#'+$#,&'#"$-.$
Pagina 3
ALL. 6
&ĂůůŝŵĞŶƚŽϯϭϯͬϭϬDĞĚĞŐŚŝŶŝ^ƉĂŝŶůŝƋƵŝĚĂnjŝŽŶĞ
ŝŵŵŽďŝůĞ
ƌĞƉĂƌƚŽ ďĞŶĞ
ĞƐĐƌŝnjŝŽŶĞ
DĂƚƌŝĐŽůĂ
ůů͘ϳddZdhZ>KZdKZ/KĚŝƉƌŽƉƌŝĞƚă
ŶŶŽ Y͘ƚă
EŽƚĞ
/&//KϭϱWZKh/KE'ZE͕WZKh/KEKE&/KEDEdKDK>>/&Z^,/͕'KZ'KEK>͕Z/Kdd͕hZZK͕D^ZWKE
/&//KϭϱͲZWZdKWZKh/KEZ/Kdd
ϭϱ
ϭϱ
ϭϱ
ϵ
ϵ
ϵ
ϭϱ ƉŚŵĞƚƌŽŶĚƌĞƐƐ,ĂƵƐĞƌ
ϯϱ ƉŚŵĞƚƌŽŶĚƌĞƐƐ,ĂƵƐĞƌ
ϰϮ ƉŚŵĞƚƌŽŵĂŶƵĂůĞŵŽĚĞůůŽϯ>ϱŝĚŝƚƚĂtdt
Ͳ
Ͳ
ϬϳϯϬϬϲϲϬ
Ͳ
Ͳ
Ͳ
ϭ
ϭ
ϭ
ϬϲϭϮϬϭϯϬ
Ͳ
ϭ
DϵϬϮϬϮϯ
ϮϬϬϴ
ϭ
ϭ
ϭ
ϭ
ϲ
ϰ
ϰ
ϭ
ϭ
ϭ
ϯ
ϭ
ϭ
ϯ
ϭ
ϭ
ϭ
ϭϬ
ϰ
ϭ
ϭ
ϭ
ϭ
ϭ
ϭ
ϭ
ϭ
ϭ
ϭ
ϭ
ϭ
/&//KϭϱͲZWZdKWZKh/KE'ZE
ϭϱ
ϭ
ϭϭ ƉŚŵĞƚƌŽŵĂŶƵĂůĞŵŽĚĞůůŽW,ϯϯϬŝĚŝƚƚĂtdt
/&//KϭϱͲ>KZdKZ/K
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
ϭ
Ϯ
ϯ
ϰ
ϱ
ϲ
ϳ
ϴ
ϵ
ϭϬ
ϭϭ
ϭϮ
ϭϯ
ϭϰ
ϭϱ
ϭϲ
ϭϳ
ϭϴ
ϭϵ
ϮϬ
Ϯϭ
ϮϮ
Ϯϯ
Ϯϰ
Ϯϱ
Ϯϲ
Ϯϳ
Ϯϴ
Ϯϵ
ϯϬ
ϯϭ
ĂƉƉĂĂƐƉŝƌĂŶƚĞdĂůĂƐƐŝ
ĂŐŶŽŵĂƌŝĂϭϲ
ŐŝƚĂƚŽƌĞsĞůƉ
DŝĐƌŽƐĐŽƉŝŽĞŝƐƐ
ĂŶĐŚŝĚĂůĂďŽƌĂƚŽƌŝŽ
DŽďŝůŝĂϮĂŶƚĞĞƌŽƚĞůůĞ
DŽďŝůŝĂϭĂŶƚĂĐŽŶƌŽƚĞůůĞнϭĐĂƐƐĞƚƚŝĞƌĂ
ŽůŽƌŝŵĞƚƌŽDŝŶŽůƚĂK<ϯϬϬ
WŚŵĞƚƌŽƌĞŐŝƐƚƌĂƚŽƌĞW,ϯϬϮ
ŶĂůŝnjnjĂƚŽƌĞŐĂƐĂŶƐĞŶƐŽƌŚĞĐŬŵĂƚĞϵϬϬϬ
/ŶĐƵďĂƚŽƌŝ
dĞƌŵŽďŝůĂŶĐŝĂ^ĂƌŽƚŝƵƐDϰϱĐŽƐƚĂŵƉĂŶƚĞ
dĞƌŵŽďŝůĂŶĐŝĂDĞƚƚůĞƌdŽůĞĚŽ,Zϳϯ
/ŶĐƵďĂƚŽƌŝ
dĞƌŵŽƌĞŐŽůĂƚŽƌĞ'dZϭϵϬ/^͘K
^ĐĂƚŽůĂĐŽŶϯŝŶĐƵďĂƚŽƌŝĞƐƚƌƵŵĞŶƚŽŚĂƌŵ
&ƌŝŐŽƌŝĨĞƌŽ/ŐŶŝƐ
WĞƐŝĐĂŵƉŝŽŶĞDĞƚƚůĞƌdŽůĞĚŽ
WŚŵĞƚƌŽ
W^ŝĞŵĞŶƐнůĐĚнƚĂƐƚŝĞƌĂ
ŶĂůŝnjnjĂƚŽƌĞ&ŽƐƐĞůĞƚƚƌŽŶŝĐDŝůŬŽƐĐŶ&dϭϮϬ
>ĂǀĞůůŽĚĂůĂďŽƌĂƚŽƌŝŽ
ĂŶĐŽŶĞĚĂĐŚŝŵŝĐĂdĂůĂƐƐŝϭϲϬdžϯϰϬ
WŚŵĞƚƌŽĚĂďĂŶĐŽŝŶŽůĂďtdt
ŐŝƚĂƚŽƌĞ
WŚŵĞƚƌŽƌĞŐŝƐƚƌĂƚŽƌĞdĞĐŚŶŽůĂď
ĂŐŶŽŵĂƌŝĂĐŽŵƉůĞƚŽ
ĂŐŶŽĂƵůƚƌĂƐƵŽŶŝ
&ŽƚŽŵĞƚƌŽĐŽŶŝŶĐƵďĂƚŽƌĞDEW&ϭϬ
ŝůĂŶĐŝĂtƵŶĚĞƌt'ϯϬϬ;ϭͬϭϬϬͿ
KŵŽŐĞŶĞŝnjnjĂƚŽƌĞhůƚƌĂdƵƌƌĂdž
ϬϬϮϱϱϰ
dϭϭϬϳϬϵ
ϰϲϬϱϮϳϳϭ
ϮϬϬϱ
ϬϬϬϮϯϬs/
ϭϭϭϲϬϯϮϭϬϯ
ϵϮϱϴ,Ϭ
ZZϮϮϬϭ
<ϬϬϭϮϲϵ
ϭϵϵϲͲϬϯͲϬϰ
Pagina 1
ϭϵϵϲ
ALL. 7
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
>>
>>
>>
>>
>>
>>
>>
>>
ϯϮ
ϯϯ
ϯϰ
ϯϱ
ϯϲ
ϯϳ
ϯϴ
ϯϵ
ĞŶƚƌŝĨƵŐĂƌŝƐĐĂůĚĂŶƚĞƐƚŽƌŝ
ĞŶƚƌŝĨƵŐĂdŚĞƌŵŽ^ĐŝĞŶƚŝĨŝĐ/>/K
ĂŐŶŽŵĂƌŝĂ
dĂǀŽůŝŶŽ
'ŝĂƌĂ
ŝůĂŶĐŝĂĂŶĂůŝƚŝĐĂ'ŝďĞƌƚŝŶŝ
ƌŵĂĚŝŽŵĞƚĂůůŝĐŽ
WŚŵĞƚƌŽƉŽƌƚĂƚŝůĞy^W,ϭϭϬ
ϭ
ϭ
ϭ
ϭ
ϭ
ϭ
ϭ
ϭ
ϯϬϳϭϭϬϭϭϭ
/&//KϭϱͲD/ZK/K>K'/
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
ϰϬ
ϰϭ
ϰϮ
ϰϯ
ϰϰ
ϰϱ
ϰϲ
ϰϳ
ϰϴ
ϰϵ
ϱϬ
ĂŶĐŽŶŝĚĂůĂďŽƌĂƚŽƌŝŽĐŽŶŵŽďŝůĞƚƚŝĞĐĂƐƐĞƚƚŝĞƌĞ
ĂŐŶŽŵĂƌŝĂĐŽŵƉůĞƚŽ
ŝůĂŶĐŝĂĞůĞƚƚƌŽŶŝĐĂ'ŝďĞƌƚŝŶŝ;ϭͬϭϬͿ
KŵŽŐĞŶĞŝnjnjĂƚŽƌĞ^ƚŽŵĂŬĞƌ>ĂďďůĞŶĚĞƌϰϬϬ
/ŵƉĞĚŽŵĞƚƌŽh^ĐŝĞŶƚŝĨŝĐĐŽŶW,WĞŵŽŶŝƚŽƌ>
ŶĂůŝnjnjĂƚŽƌĞsŝĚĂƐĐŽŵƉůĞƚŽĐŽŶƌŝƐĐĂůĚĂƚŽƌŝ͕ŐƌƵƉƉŽĚŝĐŽŶƚŝŶƵŝƚăĞƐƚĂŵƉĂŶƚĞ
&ŽƌŶŽĂŵŝĐƌŽŽŶĚĞ
>ĂŵƉĂĚĂhs^ƉĞĐƚƌŽůŝŶĞ
ŽŶƚĂĐŽůŽŶŝĞ^ƵŶƚĞĐϱϲϬ
ŐŝƚĂƉƌŽǀĞƚƚĞ
ĂƉƉĂĂĨůƵƐƐŽůĂŵŝŶĂƌĞ^ƚĞƌŝůWŽůĂƌŝƐ
ϮϬϬϳ
ϲ
ϭ
ϭ
ϭ
ϭ
ϭ
ϭ
ϭ
ϭ
ϭ
ϭ
/&//KϭϱͲh/E>KZdKZ/K
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
ϱϭ
ϱϮ
ϱϯ
ϱϰ
ϱϱ
ϱϲ
ϱϳ
ϱϴ
ϱϵ
ϲϬ
ϲϭ
ϲϮ
ϲϯ
Ͳ
Ͳ
ĂŶĐŽŶŝĚĂůĂďŽƌĂƚŽƌŝŽĐŽŶŵŽďŝůĞƚƚŝĞĐĂƐƐĞƚƚŝĞƌĞ
dĞƌŵŽƐƚĂƚŽƉĞƌŝŶĐƵďĂnjŝŽŶĞƉŝĂƐƚƌĞ,ĞƌĂĞƵƐ
dĞƌŵŽƐƚĂƚŽƉĞƌŝŶĐƵďĂnjŝŽŶĞƉŝĂƐƚƌĞŽŶƚŝŶĞŶƚĂů
dĞƌŵŽƐƚĂƚŽƉĞƌŝŶĐƵďĂnjŝŽŶĞƉŝĂƐƚƌĞŽŶƚŝŶĞŶƚĂů
^ƚƵĨĂWŝĚ^LJƐƚĞŵ
^ƚƵĨĂƐƚŽƌŝ
&ƌŝŐŽƌŝĨĞƌŽ
ƵƚŽĐůĂǀĞǀĂƉŽƌŵĂƚŝĐϳϳϬ
ƵƚŽĐůĂǀĞ
&ƌŝŐŽƌŝĨĞƌŽůƉĞŝŶŽdžŵƵŶϭϭϬϬ
ŽůŽŶŶĂƉĞƌĚŝƐƚŝůůĂnjŝŽŶĞĂƌĞƐŝŶĂ
>ĂǀĞůůŽĚĂůĂďŽƌĂƚŽƌŝŽ
>ĂǀĂƐƚŽǀŝŐůŝĞŽƐŚ
ƚƚƌĞnjnjĂƚƵƌĞǀĂƌŝĞĚĂůĂďŽƌĂƚŽƌŝŽ;ǀĞƚƌĞƌŝĂ͕ĐŽŶƚĞŶŝƚŽƌŝ͕ƉƌŽǀĞƚƚĞ͕ƉŝƉĞƚƚĞ͕ďĞƵƚĞ͘͘͘Ϳ
ƐƚƌƵŵĞŶƚŽ&ƵƌŬĞ'ĞƌďĞƌƌLJŽƐƚĂƌ
ϬϬϬϵϰϮϮ
ϮϬϬϵ
ϳϭϲϬͲϬϳϮϭϬϭ
ϭ
ϭ
ϭ
ϭ
ϭ
ϭ
ϭ
ϭ
ϭ
ϭ
ϭ
ϭ
ϭ
ϭ
ϭ
Φ
^d/DdKd>/Eh^K
^d/DdKd>/E^K/sE/d&KZK^
ϰϯ͘ϬϬϬ͕ϬϬ
/*
Pagina 2
ALL. 7
&ĂůůŝŵĞŶƚŽϯϭϯͬϭϬDĞĚĞŐŚŝŶŝ^ƉĂŝŶůŝƋƵŝĚĂnjŝŽŶĞ
ĞƐĐƌŝnjŝŽŶĞ
ZĞŶĂƵůƚDĞŐĂŶĞϭ͘ϵ/ƐƚĂƚŝŽŶǁĂŐŽŶ
ZĞŶĂƵůƚDĞŐĂŶĞϭ͘ϵ/ƐƚĂƚŝŽŶǁĂŐŽŶ
&ŝĂƚDƵůƚŝƉůĂ
&ŝĂƚƌŽŵĂ
&ŝĂƚƌŽŵĂ
DtϯϮϬ
sŽůŬƐtĂŐĞŶWĂƐƐĂƚϮ͘Ϭd/
/ǀĞĐŽƵƌŽƚĞĐŚϰϬϬϯϬ
/ǀĞĐŽEĂǀĞƚƚĂƵƌŽĐĂƌŐŽdĞĐƚŽƌϳϱϭϱ
ƐĞŵŝƌŝŵŽƌĐŚŝŽ^ƵĚdĂŝŶĞƌϯϲϬ
ƚĂƌŐĂ
Zϵϰϱd&
Zϵϰϵd&
ϴϵϴZ
ϵϯϯZ
ϵϯϮZ
dϱϱϯE
&ϰϮϰ
Eϲϭϵ'd
'Ϭϴϴd&
ϱϬϳϬϮ
ŶŶŽ
ϮϬϬϰ
ϮϬϬϰ
ϮϬϬϲ
ϮϬϬϲ
ϮϬϬϲ
ϮϬϬϱ
ϮϬϬϳ Ͳ
ϭϵϵϴ
ϮϬϬϯ
ϭϵϵϳ Ͳ
Ăůů͘ϴhdKs/K>/ĚŝƉƌŽƉƌŝĞƚă
EŽƚĞ
Ŭŵ
ϯϰϬϬϬϬ ĐŚŝůŽŵĞƚƌŝƌŝƐĂůĞŶƚŝĂůůΖĂŶŶŽϮϬϬϴ͕ďĂƚƚĞƌŝĂƐĐĂƌŝĐĂ
ϭϴϭϱϬϳ
ϮϬϭϲϬϬ ĐŚŝůŽŵĞƚƌŝƐƚŝŵĂƚŝ
ϮϱϬϬϬϬ ĐŚŝůŽŵĞƚƌŝƐƚŝŵĂƚŝ
Ϯϱϯϰϰϴ
ϮϱϯϲϯϮ ĐĂŵďŝŽĂƵƚŽŵĂƚŝĐŽ͕ĨŝŶĂĐĂƚĂƌŽǀŝŶĂƚĂ
ĐĂŵďŝŽĂƵƚŽŵĂƚŝĐŽ
ϯϰϯϯϯϵ ĨƵƌŐŽŶĞŝƐŽƚĞƌŵŝĐŽ
ϯϭϭϯϱϳ ĨƵƌŐŽŶĞŝƐŽƚĞƌŵŝĐŽ
ƌĞĨƌŝŐĞƌĂƚŽĐŽŶƉŝĂŶĂůĞĚŝĐĂƌŝĐŽ͕ĐĂƌƌŽnjnjĞƌŝĂƌŽǀŝŶĂƚĂ
dKd>
ƐƚŝŵĂ
ϭ͘ϬϬϬ͕ϬϬ
ϭ͘ϬϬϬ͕ϬϬ
Ϯ͘ϬϬϬ͕ϬϬ
ϯ͘ϬϬϬ͕ϬϬ
ϯ͘ϬϬϬ͕ϬϬ
ϯ͘ϬϬϬ͕ϬϬ
ϳ͘ϬϬϬ͕ϬϬ
ϭϮ͘ϬϬϬ͕ϬϬ
ϭϬ͘ϬϬϬ͕ϬϬ
ϭ͘ϬϬϬ͕ϬϬ
ϰϯ͘ϬϬϬ͕ϬϬ
ALL. 8
Pagina 1
&ĂůůŝŵĞŶƚŽϯϭϯͬϭϬDĞĚĞŐŚŝŶŝ^ƉĂŝŶůŝƋƵŝĚĂnjŝŽŶĞ
!"
#
ŝŵŵŽďŝůĞ
ƌĞƉĂƌƚŽ ďĞŶĞ
ĞƐĐƌŝnjŝŽŶĞ
ůů͘ϵE//WZKWZ/dΖEdZK>^/E'>^/Ed
DĂƚƌŝĐŽůĂ
ŶŶŽ Y͘ƚă
EŽƚĞ
/&//KϭϱWZKh/KE'ZE͕WZKh/KEKE&/KEDEdKDK>>/&Z^,/͕'KZ'KEK>͕Z/Kdd͕hZZK͕D^ZWKE
/&//KϭϱͲZWZdKWZKh/KEZ/Kdd
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϵ
ϵ
ϵ
ϵ
ϵ
ϵ
ϵ
ϭϱ
ǀĂƐĐĂ ƉĞƌ ĨŽƌŵĂnjŝŽŶĞ ƌŝĐŽƚƚĂ ŝŶ ĂĐĐŝĂŝŽ ŝŶŽdž ĐĂƉĂĐŝƚă ĐŝƌĐĂ ϱ ŵĐ͕
ϭ ĐŽŵƉůĞƚĂĚŝƉĞĚĂŶĂĞĂŐŝƚĂƚŽƌĞ
ĐĂŵƉĂŶĂƉĞƌƚƌĂƐƉŽƌƚŽƌŝĐŽƚƚĂŝŶĂĐĐŝĂŝŽŝŶŽdžĐŽŶƌƵŽƚĞĚŝĂŵϵϬĐŵ͕Ś
ϴ ϲϱĐŵ
ϭϭ ƉŽƌƚĂůĞĐŽŶƉĂƌĂŶĐŽ͕ƉŽƌƚĂƚĂŵĂƐƐŝŵĂϱϬϬŬŐ
ƐĐĂŵďĂŝƚŽƌĞ ƉĞƌ ƌŝƐĐĂůĚĂŵĞŶƚŽ ƐŝĞƌŽ ƌŝĐŽƚƚĂ ĚŝƚƚĂ >& >s> ŵŽĚĞůůŽ
ϭϯ WϰϱͲZ
ϭϳ ƉĂƐƚŽƌŝnjnjĂƚŽƌĞƌŝĐŽƚƚĂĚŝƚƚĂEƵŽǀĂ^Z
Ͳ
Ͳ
ϰ ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
Ͳ
Ͳ
Ͳ
Ͳ
ϴ ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
ϭ ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
ϮϮϯϭͲϰϴϮϭ
͍͍͍WϬϯϱϯϭ
ϭϵϳϱ
ϭϵϵϬ
ϭ ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
ϭ ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
ϭϴ ƐƚĂnjŝŽŶĞƐŽůůĞǀĂŵĞŶƚŽĐĂŵƉĂŶĞƉĞƌĐĂƌŝĐŽƌŝĐŽƚƚĂĂůƉĂƐƚŽƌŝnjnjĂƚŽƌĞ
Ͳ
Ͳ
ϭ ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
ĐŽŶĨĞnjŝŽŶĂƚƌŝĐĞǀĞƌƚŝĐĂůĞƉĞƌƌŝĐŽƚƚĂŝŶĚƵƐƚƌŝĂůĞĚŝƚƚĂDWŵŽĚĞůůŽ
Ϯϭ dϲϬϬ͕ĐŽŶŶĂƐƚƌŽĚŝƐĐĂƌŝĐŽƐĂĐĐŚŝĚĂϱͲϭϬŬŐƌŝĐŽƚƚĂͬŵĂƐĐĂƌƉŽŶĞ
ϬϮϲϵ
ϮϬϬϭ
ϭ ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
Ͳ
Ϭϯϯ
ϭϵϵϬ
ϮϬϬϯ
ϭ ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
ϭ ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
ϭϯϭϯ
ϮϬϬϰ
ϭ ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
ϭϯϭϮ
ϮϬϬϰ
ϭ ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
ϰϬϮϴϬ
Ͳ
Ͳ
Ͳ
ϭ ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
ϭ ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
Ͳ
ϭϵϵϳ
ϭ ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
ϵϮϱ
ϭϵϵϵ
ϭ ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
Ͳ
Ͳ
Ͳ
Ͳ
Ͳ
ϭϵϴϬ
ϭϵϵϱ
Ͳ
ϭ
ϭ
ϭ
ϭ
Ͳ
Ͳ
/&//KϭϱͲZWZdKWZKh/KEhZZK
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϰ
ϰ
ϰ
ϰ
ϰ
ϰ
ϰ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϰ
ϰ
ϰ
ϰ
ϰ
ϰ
ϯͬ ƉĂŶĞƚƚĂƚƌŝĐĞďƵƌƌŽĚŝƚƚĂŝŶŐsĞnjnjĂĚŝŶŝ
ϯͬ ŝŶƐĐĂƚŽůĂƚƌŝĐĞƐĞŵŝĂƵƚŽŵĂƚŝĐŽŵŽĚĞůůŽ^ϴĚŝƚƚĂŝŶŐsĞnjnjĂĚŝŶŝ
ƉĂŶĞƚƚĂƚƌŝĐĞďƵƌƌŽĚĂϭϮϱŐƌĐŽŶŝŶƐĐĂƚŽůĂƚŽƌĞŵĂŶƵĂůĞĚŝƚƚĂŝŶŐ
ϰ sĞnjnjĂĚŝŶŝŵŽĚĞůůŽWϭϬ
ƉĂŶĞƚƚĂƚƌŝĐĞĚŝďƵƌƌŽĨŽƌŵĂƚŽƚŽŶĚŽϮϱϬŐƌĚŝƚƚĂŝŶŐsĞnjnjĂĚŝŶŝŵŽĚĞůůŽ
ϭϬ ZϯϬͬZ
ϭϭ ƉĂŶĞƚƚĂƚƌŝĐĞĨŽƌŵĂƚŽŵŝŐŶŽŶϵ͕ϯŐƌĚŝƚƚĂŽƌĂnjnjĂŵŽĚĞůůŽ&ϮϮϬ
ϭϲ ĂnjnjĞƌĂƚŽƌĞĚŝƉĞƐŽZŽƚŽĐĂƌ
ŝŵƉŝĂŶƚŽĚŝƐƚƌŝďƵnjŝŽŶĞďƵƌƌŽĐŽŶƐĞƌďĂƚŽŝŽĚŝƐƚŽĐĐĂŐŐŝŽĚĂϯϬϬϬůƚ͕
ϯϲ ƋƵĂĚƌŽĚŝŐĞƐƚŝŽŶĞĞƐĐĂůĞƚƚĂ͕ĚŝƚƚĂĂƐĞĂƌDĞĐĐĂŶŝĐĂsŝĐĞŶƚŝŶĂ
ďƵƌƌŝĨŝĐĂƚƌŝĐĞ^ŝŵŽŶƚŝƉŽDϭϵ͕ĐĂƉĂĐŝƚăƉƌŽĚƵƚƚŝǀĂϮϰϬϬŬŐͬŚĐŽŶ
ϯϴ ƋƵĂĚƌŽĞůĞƚƚƌŝĐŽĞĚŝĐŽŵĂŶĚŽ
ŝŵƉŝĂŶƚŽ/WĚŝůĂǀĂŐŐŝŽĐŽƐƚŝƚƵŝƚŽĚĂ͗ϰƐĞƌďĂƚŽŝĐŝƌĐĂϭϬŵĐ͕
ϰϯ ƐĐĂŵďŝĂƚŽƌĞĚŝĐĂůŽƌĞĂǀĂƉŽƌĞ͕ϮƉŽŵƉĞ
ϱϬ ƐĐƌĞŵĂƚƌŝĐĞtĞƐƚĨĂůŝĂD^ϵϬ
ϱϭ ƐĐƌĞŵĂƚƌŝĐĞůĨĂůĂǀĂͲdĞƚƌĂWĂĐŬŵŽĚĞůůŽtDWyϲϭϴ
ϱϮ ǀĂƐĐĂĨƵƐŝŽŶĞďƵƌƌŽĐŝƌĐĂϰϬϬϬůƚ
ϱϯ ĐĂƌŝĐĂƚŽƌĞƉĂŶŝĚŝďƵƌƌŽĐŽŶƚƌŝƚƵƌĂƚŽƌĞ;ĐŽƐƚƌƵŝƚŽĚĂDĞĚĞŐŚŝŶŝͿ
Pagina 1
ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
ϭ ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
ALL. 9
ƐĐĂŵďŝĂƚŽƌĞĂƉŝĂƐƚƌĂƉĞƌƌĂĨĨƌĞĚĚĂŵĞŶƚŽƐŝĞƌŽƉĞƌƉƌŽĚƵnjŝŽŶĞƌŝĐŽƚƚĂ
ĚŝƚƚĂůĨĂůĂǀĂůǀŽůƵŵĞϰϬϬůƚĐŽŶǀĂůǀŽůĞŵŽĚƵůĂŶƚŝƉĞƌ,ϮKŐůŝĐŽůĂƚĂĂͲ
ϱϰ ϭΣ
ƐĐĂŵďŝĂƚŽƌĞĂƉŝĂƐƚƌĂƉĞƌƉƌĞƌŝƐĐĂůĚŽƐŝĞƌŽĂƐĐƌĞŵĂƚƵƌĂĞ
ϱϲ ƌĂĨĨƌĞĚĚĂŵĞŶƚŽƐŝĞƌŽ͕ĚŝƚƚĂůĨĂůĂǀĂů͕ŵŽĚĞůůŽWϰϱͲZ
ϰ
ϭϱ
ϭϱ
ϰ
ϯϬϭϬϭͲϮϯϯϮϲ
Ͳ
ϭ ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
ϮϮϯϭͲϰϱϮϰ
ϭϵϳϰ
ϭ ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
Ͳ
Ͳ
Ϯ ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
ϱϳϭϬ
ϭϵϵϵ
ϭ ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
ϱϴϵϭ
ϮϭϰϬϮϭϯϬϰϯ
ϮϬϬϬ
ϭϵϵϰ
ϭ ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
ϭ ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
Ϭϴϯϲ
Ͳ
Ͳ
ϮϭϰϬͲϮϭϱ͘ϬϴϬ
ϮϬϬϭ
Ͳ
Ͳ
ϭϵϵϵ
Ͳ
ϮϬϬϱ
ϭ ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
Ͳ
Ͳ
ϱ ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
Ͳ ϭϵϵϬͲϵϯ
Ͳ
Ͳ
ϯϯ ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
Ϯ ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
/&//KϭϱͲZWZdKKE&/KEDEdKDK>>/&Z^,/
ϭϱ
ϭϱ
ϭϱ
ϭϱ
Ϯϴ ƉŽƌnjŝŽŶĂƚƌŝĐĞĐƌĞƐĐĞŶnjĂĐŽŶƌƵŽƚĞĞƌƵůůŝĞƌĂ
ĐŽŶĨĞnjŝŽŶĂƚƌŝĐĞ&ůŽǁWĂĐŬ&ĂůĐŽ/ŶŽdžƚůĚŝƚƚĂW&DĐŽŶƉŽůŵŽŶĞĚŝ
Ϯϵ ĂůŝŵĞŶƚĂnjŝŽŶĞ
ĐŽŶĨĞnjŝŽŶĂƚƌŝĐĞ&ůŽǁWĂĐŬ&ĂůĐŽ/ŶŽdžƚůĚŝƚƚĂW&DĐŽŶƉŽůŵŽŶĞĚŝ
ϯϬ ĂůŝŵĞŶƚĂnjŝŽŶĞ
ϯϵ ƌŝďĂůƚĂƚƌŝĐĞƐƚĂŵƉŝĐƌĞƐĐĞŶnjĂĚŝƚƚĂůƉŵĂŵŽĚĞůůŽD^ds
ϴ
ϴ
ϴ
ϴ
/&//KϭϱͲZWZdK>sKZ/KEDK>>/&Z^,/
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϯ
ƚƵŶŶĞůůĂǀĂŐŐŝŽƐƚĂŵƉŝŝŶĂĐĐŝĂŝŽŝŶŽdžĚŝƚƚĂŽůƵƐƐŝŵŽĚĞůůŽ>ϬϮϭͲϬϬϰ
ǀĂƐƐŽŝŽƉĞƌƉƌŽĚƵnjŝŽŶĞĐƌĞƐĐĞŶnjĂ
ƐŽǀƌĂůnjŝǀĂƐƐŽŝƋƵĂĚƌĂƚŝŝŶŵĂƚĞƌŝĂůĞĂƚŽƐƐŝĐŽ
ǀŽůƚĂƉŝůĞŝŶĂĐĐŝĂŝŽŝŶŽdžĚŝƚƚĂůƉŵĂŵŽĚĞůůŽD^t
ŝŵƉŝĂŶƚŽĚŽƐĂŐŐŝŽĐĂŐůŝĂƚĂĐŽŶůŝŶĞĂĚŝƐŐƌŽŶĚŽ͕ŝŵƉŝůĂŐŐŝŽǀĂƐƐŽŝ
ĐŽŵƉůĞƚĂĚŝƌĞƚĞĚŝƉƌŽƚĞnjŝŽŶĞ͕ƉŽŵƉĂĚŝĚĞƉƌĞƐƐŝŽŶĞĐŽŶϮƐĞƌďĂƚŽŝ͕
ϭϴ ĚŝƚƚĂWĂĚƌŝŶŵŽĚĞůůŽ/sϬϵͲϬϭ
ŝŵƉŝĂŶƚŽƉŽůŝǀĂůĞŶƚĞƉĞƌƉƌŽĚƵnjŝŽŶĞĐĂŐůŝĂƚĂĐŽŶƉĂůĞĚŝĂŐŝƚĂnjŝŽŶĞĞ
ϭϵ ůŝƌĞĚŝƚĂŐůŝŽ͕ĚŝƚƚĂ&ĂƌĐŬ;Ŷ͘ϰͿĞ'ĂŵŵĂ/ŶŽdž;Ŷ͘ϭͿ
ϭ
ϴ
ϵ
ϭϲ
ϯ
ϯ
ϯ
ϯ
ϭϱ
ϭϱ
ϯ
ϭ
ϭϮϬϬ
ϭϯϬϬ
ϭ
ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
/&//KϭϱͲZWZdKWZKh/KE'ZE
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭ
ϭ
ϭ
ϭ
ϭ
ϭ
ϭ
ϭ
ϭϱ
ϭϱ
ϭ
ϭͬ
Ϯ
ϱ
ϭϮ
ϭϯ
ϭϰ
ϭϱ
ĐĂůĚĞƌĞĚĂŐƌĂŶĂĐŽŶĚŽƉƉŝŽĨŽŶĚŽŝŶƚĞƌŶŽƌĂŵĞĞĚĞƐƚĞƌŶŽĂĐĐŝĂŝŽ
ŝŶŽdž͕ĚŝƚƚĂDŝŶŐĂnjnjŝŶŝ
ŐĞŵĞůůĂƚƌŝĐĞĨŽƌŵĞĐŽŶĐĂƌƌĞůůŽ
ŝŵƉŝĂŶƚŽĂĞƌĞŽĚŝŵŽǀŝŵĞŶƚĂnjŝŽŶĞĨŽƌŵĞŐƌĂŶĂĚŝƚƚĂWĂĚƌŝŶĚƌŝĂŶŽ
ĐŽƐƚŝƚƵŝƚŽĚĂ͗
ƌŽƚĂŝĂĂĞƌĞĂĐŽŶϰĐĂƌƌĞůůŝƚŝƉŽdϮϭĂŶŶŽϮϬϬϭ
ƐĐĂŵďŝŽƌŽƚĂŝĂ
ŝŵƉŝĂŶƚŽĚŝĂƐƉŝƌĂnjŝŽŶĞƐŝĞƌŽĚĂĐĂůĚĞƌĂĐŽŶϮƐĞƌďĂƚŽŝƉĞƌůĂǀĂŐŐŝŽĞ
ƐĐĂŵďŝĂƚŽƌĞĂĨĂƐĐŝŽƚƵďŝĞƌŽƉĞƌƌŝƐĐĂůĚŽĚĞƚĞƌŐĞŶƚŝ
ƐĞƌďĂƚŽŝŽĂƐƉŝƌĂƚŽƌĞƐŝĞƌŽƉĞƌŝŶŶĞƐƚŽƐƵƌƵŽƚĞ
ƐŝƐƚĞŵĂƐŐĂŶĐŝŽĨŽƌŵĞĚĂƌŽƚĂŝĂĂĞƌĞĂĐŽŶƌĂĐĐŽŐůŝŐŽĐĐĞ͕ĨŽƌŵĂƚŽĚĂϮ
ĐĂŶĂůŝŶĞĞǀĂƐĐĂĚŝƌĂĐĐŽůƚĂŝŶĂĐĐŝĂŝŽŝŶŽdž
ŐƌƵƉƉŽƐĞƌďĂƚŽŝ;Ŷ͘ϰĚĂϯϱϬϬůƚĐĂĚĂƵŶŽͿƉĞƌŝŶŶĞƐƚŽƐŝĞƌŽ
;ĨĞƌŵĞŶƚŝĞƌĞŐƌĂŶĂͿĐŽŶƉŽŵƉĞ
ŝŵƉŝĂŶƚŽ/WŵŽĚĞůůŽ/WϮϬϬϬƉĞƌůĂǀĂŐŐŝŽƐĞƌďĂƚŽŝĞĂĨĨŝŽƌĂƚŽƌŝůĂƚƚĞ͕
ϭϲ ĐŽƐƚŝƚƵŝƚŽĚĂ͗ϯƐĞƌďĂƚŽŝĞϭƐĐĂŵďŝĂƚŽƌĞĂĨĂƐĐŝŽƚƵďŝĞƌŽ
ŝŵƉŝĂŶƚŽĚŝĂƚƚŝǀĂnjŝŽŶĞůĂƚƚĞĚŝƚƚĂ^ŝŵĂƌĐŽƐƚŝƚƵŝƚŽĚĂƐĐĂŵďŝĂƚŽƌĞĚŝ
ϭϳ ĐĂůŽƌĞĐĂůĚŽͲĨƌĞĚĚŽ
Pagina 2
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ϮϬϬϬ
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ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
ϭ ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
ϭ ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
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ϭ ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
ϭ ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
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ϭ ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
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ϭ ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
'ϬϱϬϬϱϰ
ϮϬϬϱ
ϭ ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
'ϬϱϬϬϱϱ
ϮϬϬϱ
ϭ ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
ALL. 9
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ƐŝƐƚĞŵĂĚŝĐŽŶƚƌŽůůŽĞŐĞƐƚŝŽŶĞ/W͕ĂĨĨŝŽƌĂƚŽƌŝ͕ƐĞƌďĂƚŽŝůĂƚƚĞ͕
ĨĞƌŵĞŶƚŝĞƌĞŐƌĂŶĂ͕ŝŵƉŝĂŶƚŽĚŝŽƐŵŽƐŝ͕ƐŝĞƌŽŵĂŐƌŽĞĐŽŶĐĞŶƚƌĂƚŽ
ŶĂƐƚƌŽĚŝƐŐƌŽŶĚŽWĂĚƌŝŶĚƌŝĂŶŽƉĞƌϰϬϬĨŽƌŵĞ;Ŷ͘ϳďĂŶĐŚŝͿ
ŐƌƵƉƉŽĨĂƐĐĞƌĞĚŝƉůĂƐƚŝĐĂĞƚĂŐůŝĞƌĞƉĞƌϰϬϬĨŽƌŵĞ
ŐƌƵƉƉŽĨĂƐĐĞƌĞĚŝŵĞƚĂůůŽƉĞƌϰϬϬĨŽƌŵĞ
ǀĂƐĐŚĞƉĞƌƐĂůŝŶĂƚƵƌĂŐƌĂŶĂĚŝĐƵŝŶ͘ϲŝŶĂĐĐŝĂŝŽŝŶŽdžϭϳϬdžϰϱϬdžŚϳϬ͕Ŷ͘ϭ
ϯϭ ŝŶƌĞƐŝŶĂϭϮϱdžϳϬϬdžŚϭϭϬ
ϭϵ
Ϯϭ
ϮϮ
Ϯϯ
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ϭ
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ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
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ϳ ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
ϭϲϰϬϲϳϵ
ϭϲϴϯϱϲϬ
ϮϬϬϬ
ϭϵϵϰ
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ϯϬϭϬϱͲϬϴϳϬϬ
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ϮϬϬϲ
ϭ ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
ϭ ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
ϰ ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
ϭ ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
ϯϬϭϬϭͲϮϯϴϬϵ
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ϭϵϵϲ
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ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
ϭ ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
ϭ ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
ϭ ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
ϯϬϭϬϬͲϰϬϲϬϰ
ϭϵϵϯ
ϭ ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
ϯϬϭϬϭͲϮϱϲϱϰ
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ϭϵϵϳ
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ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
ϭ ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
ϲ ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
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ϮϮϯϰͲϳϰϲϮ
ϳϬϭϵϰϲϯ
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Ͳ
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Žϱϯϯϰ
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ϭϵϵϳ
ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
ϭ ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
ϭ ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
Ͳ
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ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
Ϯ ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
ϭ ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
ϭ ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
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ϭ ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
/&//KϭϱͲZWZdKWZKh/KEWEE
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ϭϱ
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ϰ
ƐĐƌĞŵĂƚƌŝĐĞtĞƐƚĨĂůŝĂ^DϭϱϬϬϲ
ƐĐƌĞŵĂƚƌŝĐĞtĞƐƚĨĂůŝĂ^DϱϬͲϬϭͲϬϳϲ
ŝŵƉŝĂŶƚŽ/WĚŝƚƚĂdĞƚƌĂWĂĐŬĚŝƌŝĐĞǀŝŵĞŶƚŽůĂƚƚĞĐŽƐƚŝƚƵŝƚŽĚĂ͗
ƐĞƌďĂƚŽŝŽ
ƐĐĂŵďŝĂƚŽƌĞĂƉŝĂƐƚƌĞD^ϭϬĐŽŶƉŽŵƉĂĞƐĐĂůĞƚƚĂ
ŝŵƉŝĂŶƚŽĚŝƉĂƐƚŽƌŝnjnjĂnjŝŽŶĞƉĂŶŶĂĚŝƚƚĂůĨĂůĂǀĂůĐŽŶŵŝƐƵƌĂƚŽƌĞ
ŵĂƐƐŝĐŽŶĚƌĞƐƐ,ĂƵƐĞƌĐŽƐƚŝƚƵŝƚŽĚĂ͗
ƐĐĂŵďŝĂƚŽƌĞůŝƉϴZD
ƐĞƌďĂƚŽŝŽĞŐĂƐĞƌ
ŐƌƵƉƉŽƉŽŵƉĞ
ϱ ƌĂĨĨƌĞĚĚĂƚŽƌĞůĂƚƚĞĐŽƐƚŝƚƵŝƚŽĚĂƐĐĂŵďŝĂƚŽƌĞůĨĂůĂǀĂůŵŽĚĞůůŽDϭϬ
ϳ ŝŵƉŝĂŶƚŽĚŝƵůƚƌĂĨŝůƚƌĂnjŝŽŶĞĚŝƚƚĂdĞƚƌĂWĂĐŬͲůĨĂůĂǀĂůĐŽƐƚŝƚƵŝƚŽĚĂ͗
ϳ ƐĐĂŵďŝĂƚŽƌĞĂƉŝĂƐƚƌĞDϲD&D
ϳ ƚƵďŽĂŵĞŵďƌĂŶĂĨŝůƚƌĂŶƚĞ
ŐƌƵƉƉŽϳƐĞƌďĂƚŽŝĚŝĐƵŝϯĚĂĐŝƌĐĂϭϬϬϬϬůƚ͕ϭĚĂĐŝƌĐĂϮϱϬϬϬůƚ͕ϭĚĂ
ϴ ĐŝƌĐĂϭϱϬϬůƚĞϭĚĂĐŝƌĐĂϴϬϬϬůƚ
ϵ ƐĐĂŵďŝĂƚŽƌĞůĨĂůĂǀĂůWϭϰͲZƐĐŽůůĞŐĂƚŽ
ϭϬ ŝŵƉŝĂŶƚŽĚŝƌĂĨĨƌĞĚĚĂŵĞŶƚŽĐŽŶƐĐĂŵďŝĂƚŽƌĞĂƉŝĂƐƚƌĞWϭϰͲZ/
ϭϭ ƐĞƌďĂƚŽŝŽŵŽďŝůĞĚŝĂŵĞƚƌŽϴϬĐŵŚϵϬĐŵ
ϭ
ϭ
ϭ
ϭ
ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
/&//KϭϱͲ>K>/Ͳh&&//K/ZWZdK͕^WK'>/dK/͕^Zs//
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ŝŵƉŝĂŶƚŽĚŝƉƌŽĚƵnjŝŽŶĞ,ϮKŐĞůŝĚĂ&/;WϯϭͿ;ůŽĐĂůĞĐŽŵƉƌĞƐƐŽƌŝͿ
ϭϱ ĐŽƐƚŝƚƵŝƚŽĚĂ͗
ϭϱ ǀĂƐĐĂĚŝĐŝƌĐĂϯϬŵĐ
ϭϱ ĐŽŵƉƌĞƐƐŽƌĞŵŽĚĞůůŽhDϮdžϱϬϬŵƚĐŽŶŐĂƐZϰϬϰ
ŝŵƉŝĂŶƚŽĚŝƉƌŽĚƵnjŝŽŶĞ,ϮKŐĞůŝĚĂ;WϲͿ;ůŽĐĂůĞĐŽŵƉƌĞƐƐŽƌŝͿĐŽƐƚŝƚƵŝƚŽ
ϭϲ ĚĂ͗
ϭϲ ĐŽŵƉƌĞƐƐŽƌĞĐŽŶŐĂƐZϮϮ;ĨƌĞŽŶͿ
ϭϲ ǀĂƐĐĂĚŝĂĐĐƵŵƵůŽ
ϭϲ ĐŽŶĚĞŶƐĂƚŽƌĞĂĚĂĐƋƵĂ
/&//KϭϱͲ>K>//ͲW/EK/EdZZdK
ϭϱ
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ƐĐĂĨĨĂůĂƚƵƌĂƉĞƌĂƐĐŝƵŐĂƚƵƌĂĨŽƌŵĞĚŝŐƌĂŶĂĂϰƌŝƉŝĂŶŝƉĞƌϭϯϮϮƉŽƐƚŝ
ϭ ĨŽƌŵĂŐƌĂŶĂ
Pagina 3
ALL. 9
/&//KϭϱͲZWZdKWZKh/KE'KZ'KEK>
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ϭ ŝŵƉŝĂŶƚŽůĨĂůĂǀĂůĚŝƉĂƐƚŽƌŝnjnjĂnjŝŽŶĞůĂƚƚĞƉĞƌŐŽƌŐŽŶnjŽůĂĐŽƐƚŝƚƵŝƚŽĚĂ͗
ϭ ƐĐĂŵďŝĂƚŽƌĞĂƉŝĂƐƚƌĞůĨĂůĂǀĂůŵŽĚĞůůŽůŝƉϴƌŵ
ϭ ǀĂƐĐĂŝŶĂĐĐŝĂŝŽŝŶŽdžϭϱϬdžϮϱϬdžϭϲϬ
ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
ϭ ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
ϭ ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
ϯϬϭϬϯͲϭϬϵϯϳ
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ϭϵϵϵ
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Ͳ
ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
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ϯϵ ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
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ϭϭϳϰϮϮϬϭ
ϭϵϵϱ
ϭ ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
Ͳ
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ϭϲ ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
ϭ ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
ϭ ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
ϮϱϬϳϬϭ
ϮϬϬϭ
ϭ ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
Ͳ
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ϵ ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
Ͳ
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ϭ ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
ϭϵϬϱϵϴ
ϭϵϵϴ
ϭ ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
Ͳ
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ϭ ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
Ͳ
Ͳ
ϭ ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
ϰ
ƉŽůŝǀĂůĞŶƚĞƉĞƌĐĂŐůŝĂƚĂŐŽƌŐŽŶnjŽůĂĚŝĐƵŝϮĚŝƚƚĂKƌůĂŝŶŽdžĞϭĚŝƚƚĂ
ϵ &ĂƌĐŬĐŽŶƉĂůĞĚŝĂŐŝƚĂnjŝŽŶĞ͕ůŝƌĞĚŝƚĂŐůŝŽĞƉĞĚĂŶĂĐŽŶƐĐĂůĞƚƚĂ
ϭϯ ďĂŶĐŽŶĞĚŝƐŐƌŽŶĚŽŐŽƌŐŽŶnjŽůĂŝŶĂĐĐŝĂŝŽŝŶŽdžϭϬϱdžϰϬϬdžϭϱĐŽŶĐĂƌƌĞůůŽ
ŝŵƉŝĂŶƚŽƉƌŽĚƵnjŝŽŶĞĚƵƌŽŝŶĚƵƐƚƌŝĂůĞĚŝƚƚĂWĂĚƌŝŶĚƌŝĂŶŽĐŽƐƚŝƚƵŝƚŽ
ϭϲ ĚĂ͗
ϭϲ ƐƚĂnjŝŽŶĞĚŽƐĂŐŐŝŽ
ϭϲ ƉƌĞƐƐĞĂϯĐŽƌƐŝĞ
ϭϲ ƐƚĂnjŝŽŶĞĚŝĞƐƚƌĂnjŝŽŶĞ
ϭϲ ŶĂƐƚƌŽƚƌĂƐƉŽƌƚĂƚŽƌĞ
ϭϲ ƌƵůůŝĞƌĂ
ϭϲ ƉŽŵƉĂƌĞĐƵƉĞƌŽƐŐƌŽŶĚŽ
ϭϲ ƉĂŶŶĞůůŽĚŝĐŽŶƚƌŽůůŽ
ϭϴ ƐƚĂŵƉŽŝŶĂĐĐŝĂŝŽŝŶŽdžƉĞƌŐŽƌŐŽŶnjŽůĂ
Ϯϭ ƐŽǀƌĂůnjŽƐƚĂŵƉŽŐŽƌŐŽŶnjŽůĂ
Ϯϲ ƐƚĂŵƉŽŝŶƉůĂƐƚŝĐĂŵŝĐƌŽĨŽƌĂƚŽƉĞƌĚƵƌŽŝŶĚƵƐƚƌŝĂůĞ
Ϯϳ ĐŽƉĞƌĐŚŝŽŝŶƉůĂƐƚŝĐĂƉĞƌƐƚĂŵƉŽŝŶƉůĂƐƚŝĐĂĚƵƌŽŝŶĚƵƐƚƌŝĂůĞ
ŝŵƉŝĂŶƚŽĚŝůĂǀĂŐŐŝŽƐƚĂŵƉŝĂƚƵŶŶĞůĚŝƚƚĂŽůƵƐƐŝƌŵĞƐĂϰƐƚĂĚŝ
Ϯϴ ŵŽĚĞůůŽ>DϭϭϬϬ
ǀĂƐĐĂƉĞƌƐĂůŝŶĂƚƵƌĂĚƵƌŽŝŶĚƵƐƚƌŝĂůĞĚŝĐƵŝϭϬĐŽŶŝŶƚĞƌŶŽŝŶƌĞƐŝŶĂ
ϭϮϬdžϲϬϬdžŚϴϬ͕Ŷ͘ϮŝŶĂĐĐŝĂŝŽŝŶŽdžϭϳϬdžϰϱϬdžŚϳϬ͕Ŷ͘ϰĐŽŶŝŶƚĞƌŶŽŝŶ
ϯϭ ƌĞƐŝŶĂϭϬϬdžϯϴϬdžŚϴϬ
ϯϲ ŝŵƉŝĂŶƚŽĚŝƉĂƐƚŽƌŝnjnjĂnjŝŽŶĞƉĞƌůĂƚƚŝĐĞůůŽĐŽƐƚŝƚƵŝƚŽĚĂ͗
ƐĐĂŵďŝĂƚŽƌĞĂƉŝĂƐƚƌĞ
ǀĂƐĐŚĞƚƚĂ
ϭ
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ϴϬϴ
ϴϬ
ϭϵϳ
ϭϲϲ
ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
/&//KϭϱͲZWZdKKE&/KEDEdK'KZ'KEK>D^ZWKE
ϭϱ
ϭϬ
ϭϱ
ϭϬ
ϭϱ
ϭϬ
ϭϱ
ϭϬ
ϭϱ
ϭϬ
ϭϱ
ϭϬ
ϯ ƐĂůĂƚƌŝĐĞĂƵƚŽŵĂƚŝĐĂĨĂĐĐŚŝŶĞƚƚŝŵŽĚĞůůŽ^Ϭϯ>;ĐĂŵĞƌŝŶŽŐŽƌŐŽŶnjŽůĂͿ
ϭϬ ƐĐĂůŽƚƚŝĂϲƌŝƉŝĂŶŝŝŶĂĐĐŝĂŝŽŝŶŽdžϭϯϬdžϴϬdžϭϴϱ;ĐĂŵĞƌŝŶŽŐŽƌŐŽŶnjŽůĂͿ
ƚĂŐůŝĞƌŝŶĂŵĞnjnjĞŝŶĂĐĐŝĂŝŽŝŶŽdžŵĂŶƵĂůĞ;ŶŽŵĂƌĐĂƚƵƌĂͿ
ϭϲ ;ĐŽŶĨĞnjŝŽŶĂŵĞŶƚŽƚĂůĞŐŐŝŽͿ
ƚĂŐůŝĞƌŝŶĂƉŽƌnjŝŽŶĂƚƌŝĐĞĂƐƉŝĐĐŚŝĐŽŶƉĞƐŽĨŝƐƐŽĂƵƚŽŵĂƚŝĐĂĚŝƚƚĂ
ϭϴ &ĂĐĐŚŝŶĞůůŝ;ĐŽŶĨĞnjŝŽŶĂŵĞŶƚŽƚĂůĞŐŐŝŽͿ
ƚĂŐůŝĞƌŝŶĂŵĞnjnjĞŝŶĂĐĐŝĂŝŽŝŶŽdžĚŝƚƚĂ&ĂĐĐŚŝŶĞƚƚŝƉŶĞƵŵĂƚŝĐĂ
ϭϵ ;ĐŽŶĨĞnjŝŽŶĂŵĞŶƚŽƚĂůĞŐŐŝŽͿ
ƚĂŐůŝĞƌŝŶĂƚĂŐůŝĂŽƚƚĂǀŝŝŶĂĐĐŝĂŝŽŝŶŽdžƉŶĞƵŵĂƚŝĐĂ;ĐŽŶĨĞnjŝŽŶĂŵĞŶƚŽ
ϮϬ ƚĂůĞŐŐŝŽͿ
Pagina 4
ALL. 9
ϭϱ
ϭϬ
ϭϱ
ϭϬ
ϭϱ
ϭϬ
ϭϱ
ϭϬ
ϭϱ
ϭϬ
ϭϱ
ϭϬ
ϭϱ
ϭϬ
ϭϱ
ϭϬ
ϭϱ
ϭϬ
ƉŽƌnjŝŽŶĂƚƌŝĐĞ&ĂĐĐŚŝŶĞƚƚŝƐƉŝĐĐŚŝĂƵƚŽĐĞŶƚƌĂŶƚĞƉŶĞƵŵĂƚŝĐĂ
Ϯϵ ;ĐŽŶĨĞnjŝŽŶĂŵĞŶƚŽƚĂůĞŐŐŝŽͿ
ĐŽŶĨĞnjŝŽŶĂƚƌŝĐĞĂǀĂƐĐŚĞƚƚĞƌĞƚƚĂŶŐŽůĂƌŝĐŽŶƚĞƌŵŽƐĂůĚĂƚƌŝĐĞĚŝƚƚĂ
ϯϬ &ĂĐĐŚŝŶĞƚƚŝŵŽĚĞůůŽd^Ϯ,'ϰͲϯϬϬϬ;ĐŽŶĨĞnjŝŽŶĂŵĞŶƚŽƚĂůĞŐŐŝŽͿ
ƌĞŐŐŝĂƚƌŝĐĞƐƵƌƵŽƚĞ^ƚƌĂĚĞdžŵŽĚĞůůŽůůƉĂĐŬdWͲϮϬϮ
ϯϭ ;ĐŽŶĨĞnjŝŽŶĂŵĞŶƚŽƚĂůĞŐŐŝŽͿ
ϯϰ ĐŽŶĨĞnjŝŽŶĂƚƌŝĐĞůƉŵĂŵŽĚĞůůŽhϲϰͬϱ;ĐŽŶĨĞnjŝŽŶĂŵĞŶƚŽƚĂůĞŐŐŝŽͿ
ƐĐĂůŽƚƚŽŝŶĂĐĐŝĂŝŽŝŶŽdžĐŽŶϱƌŝƉŝĂŶŝŝŶůĞŐŶŽ;ĐĞůůĂĨƌŝŐŽ
ϯϴ ĐŽŶĨĞnjŝŽŶĂŵĞŶƚŽͿ
ƐƚƌĂƚŝĨŝĐĂƚƌŝĐĞŐŽƌŐŽŶnjŽůĂͲŵĂƐĐĂƌƉŽŶĞ&ĂĐĐŚŝŶĞƚƚŝ;ĐŽŶĨĞnjŝŽŶĂŵĞŶƚŽ
ϰϮ ŐŽƌŐŽŶnjŽůĂĞŵĂƐĐĂƌƉŽŶĞͿ
ϱϳ ƐĐĂůŽƚƚŝŝŶĂĐĐŝĂŝŽŝŶŽdžĐŽŶϲƌŝƉŝĂŶŝŝŶůĞŐŶŽ;ƐƚĂŐŝŽŶĂƚƵƌĂͿ
ƵŶŝƚăĚŝĐůŝŵĂƚŝnjnjĂnjŝŽŶĞ^ŝŶƚĞĐŽĂĚƵĞĐĂůnjĞŵŽĚĞůůŽ&ϮϮϱ'
ϱϵ ƉŽƌƚĂƚĂϮϱϬϬϬŵĐͬŚ
ƵŶŝƚăĚŝĐůŝŵĂƚŝnjnjĂnjŝŽŶĞĂϯĐĂůnjĞĚŝƚƚĂ^ŝŶƚĞĐŽŵŽĚĞůůŽ&ϮϰϬ'K
ϲϮ ƉŽƌƚĂƚĂϰϬϬϬϬŵĐͬŚ
ϬϵϬϳϵϴ
ϭϵϵϴ
ϭ ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
ϮϳϬϳϬϬ
ϮϬϬϬ
ϭ ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
ϲϬϮϭϵϱϬϱ
ϭϵϵϳ
ϭ ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
ϲϰϱϮϮϭϲϮϲϰ
ϭϵϴϵ
ϭ ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
Ͳ
Ͳ
ϰ ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
͍͍͍ϮϴϬϯϬϮ
Ͳ
ϮϬϬϮ
Ͳ
ϭ ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
ϭϲ ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
ϳϴϭ
ϭϵϵϳ
ϭ ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
ϳϵϴ
ϭϵϵϵϳ
ϭ ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
Ͳ
Ͳ
ϯϲϳ ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
ϴϯϱ
ϮϬϬϭ
ϭ ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
Ͳ
Ͳ
Ͳ
Ͳ
Ͳ
ϮϮϯϰϳϰϱϲ
Ͳ
ϭ ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
Ϯ ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
ϰ ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
ϭ ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
Ͳ
Ͳ
ϭ ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
ϮϬϬϲ
ϭ ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
Ͳ
Ͳ
ϭ ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
Ͳ
Ͳ
Ͳ
Ͳ
ϭ ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
ϭ ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
Ͳ
Ͳ
ϭ ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
/&//KϭϱͲ>K>/ͲKZZ/K/K
ϭϱ
ϭϱ
ϭ ƐĐĂůŽƚƚŝŝŶĂĐĐŝĂŝŽŝŶŽdžĐŽŶϲƌŝƉŝĂŶŝŝŶůĞŐŶŽ;ϯϬϵͿĞŝŶĂĐĐŝĂŝŽŝŶŽdž;ϱϴͿ
Ϯ ŝŵƉŝĂŶƚŽĚŝůĂǀĂŐŐŝŽƐĐĂůŽƚƚŝĚŝƚƚĂŽůƵƐƐŝƌŵĞƐŵŽĚĞůůŽϭϭϳϵϰϳϬϭ
/&//KϭϱͲZWZdKK^DK^/
ϭϱ
ϭϭ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϭ
ϭϭ
ϭϭ
ϭϭ
ϯ
ϰ
ϱ
ϱ
ϱ
ŝŵƉŝĂŶƚŽĨĞƌŵĞŶƚŝ;ŝŶĐŽŵƉůĞƚŽͿĨŽƌŵĂƚŽĚĂϲƐĞƌďĂƚŽŝ;Ŷ͘ϯĚĂϯϬϬϬůƚĞ
Ŷ͘ϯĚĂϭϬϬϬůƚͿĐŽŶƉĂƐƐĞƌƌĞůůĂ
ĐŽŶŐĞůĂƚŽƌĞĂƉŽnjnjĞƚƚŽsĞƐƚĨƌŽƐƚ
ŝŵƉŝĂŶƚŽ/WĚŝƚƚĂůĨĂůĂǀĂůƉĞƌƌĞƉĂƌƚŽĨĞƌŵĞŶƚŝĐŽƐƚŝƚƵŝƚŽĚĂ͗
ƐĞƌďĂƚŽŝ
ƐĐĂŵďŝĂƚŽƌĞWϭϰ,
/&//KϭϱͲ>K>/ͲW/EKWZ/DK
ϭϱ
ϭϱ
ŐƌƵƉƉŽĨƌŝŐŽƌŝĨĞƌŽWϴĐŽƐƚŝƚƵŝƚŽĚĂϯĐŽŵƉƌĞƐƐŽƌŝĐŽŶŐĂƐZDϬϱϵĞ
ϰ ĐŽŶĚĞŶƐĂŶƚŝĂĚĂƌŝĂĚŝƚƚĂŝůŝŽůŝ
ϭϬ ŐƌƵƉƉŽƚƌĂƚƚĂŵĞŶƚŽĂƌŝĂĚŝƚƚĂĞƌŝŶŝĐŽŶƐĐĂŵďŝĂƚŽƌĞŵŽĚĞůůŽ'Zϭϭ
ϭϭϱϴϳ
^dZEK/&//Kϭϱ^d/Z/KE^h
ϭϱ
^dZEK
ϭϱ
^dZEK
ϭϱ
^dZEK
ϭϱ
^dZEK
ŐƌƵƉƉŽĨƌŝŐŽƌŝĨĞƌŽWϱĐŽƐƚŝƚƵŝƚŽĚĂϭĐŽŵƉƌĞƐƐŽƌĞĐŽŶŐĂƐZDϬϱϵĞ
ϰ ĐŽŶĚĞŶƐĂŶƚŝĂĚĂƌŝĂ;ƉĞƌŐƌĂŶĂͿ
ŐƌƵƉƉŽĨƌŝŐŽƌŝĨĞƌŽWϭϬĐŽƐƚŝƚƵŝƚŽĚĂϯĐŽŵƉƌĞƐƐŽƌŝĐŽŶŐĂƐZDϬϱϵĞ
ϱ ĐŽŶĚĞŶƐĂŶƚŝĂĚĂƌŝĂ;ƉĞƌĚƵƌŽŝŶĚƵƐƚƌŝĂůĞͿ
ϲ ƐƚĂnjŝŽŶĞƉŽnjnjŽĐŽƐƚŝƚƵŝƚĂĚĂŶ͘ϮƉŽŵƉĞƐŽŵŵĞƌƐĞ
ϭϲ ŐƌƵƉƉŽĞůĞƚƚƌŽŐĞŶŽDŽƐĂĚŝĞƐĞů;ĐŝƐƚĞƌŶĂŝŶƚĞƌƌĂƚĂͿ;ĐĂďŝŶĂĞůĞƚƚƌŝĐĂͿ
Pagina 5
ALL. 9
ϭϱ
^dZEK
ϭϱ
^dZEK
ŐƌƵƉƉŽĨƌŝŐŽƌŝĨĞƌŽWϰĚŝƚƚĂŝůŝŽůŝĐŽƐƚŝƚƵŝƚŽĚĂϯĐŽŵƉƌĞƐƐŽƌŝĐŽŶŐĂƐ
ϭϳ ZϮϮĞĐŽŶĚĞŶƐĂŶƚŝĂĚĂƌŝĂ
ƵŶŝƚăĚŝƚƌĂƚƚĂŵĞŶƚŽĂƌŝĂƌĞƉĂƌƚŽŐŽƌŐŽŶnjŽůĂĚŝƚƚĂŝƌĐůĞĂŶĂƌŽŶ
ϭϴ ŵŽĚĞůůŽt,ϭϬϬ
Ͳ
Ͳ
ϭ ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
t,Ϭϭϭϲϵ
ϮϬϬϱ
ϭ ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
'ϬϱϬϬϰϴ
'ϬϱϬϬϰϵ
'ϬϱϬϬϱϬ
'ϬϱϬϬϱϯ
'ϬϱϬϬϱϮ
'ϬϱϬϬϱϭ
ϮϬϬϱ
ϮϬϬϱ
ϮϬϬϱ
ϮϬϬϱ
ϮϬϬϱ
ϮϬϬϱ
ϯ
ϭ
ϭ
ϭ
ϭ
ϭ
ϭ
ϭ
ϭ
ϭ
ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
'E&ϭ
tϭϬϱϬϱϬϴϬϱϰ
'E&Ϯ
tϭϬϱϬϱϬϳϬϰϯ
ϭϵϵϲ
ϮϬϬϱ
ϭϵϵϳ
ϮϬϬϱ
ϭ
ϭ
ϭ
ϭ
ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
^dZEKWZdEKKEEKZ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
^dZEK
^dZEK
^dZEK
^dZEK
^dZEK
^dZEK
^dZEK
^dZEK
^dZEK
^dZEK
^dZEK
Ϯϯ
Ϯϯͬ
Ϯϯͬ
Ϯϯͬ
Ϯϯͬ
Ϯϱͬ
Ϯϱͬ
Ϯϱͬ
Ϯϱͬ&
Ϯϱͬ'
Ϯϱͬ,
'ƌƵƉƉŽŶƵŵ͘ϱƐĞƌďĂƚŽŝŝŶĂĐĐŝĂŝŽŝŶŽdžƉĞƌƉĂŶŶĂ
EƵŵ͘ϯƐĞƌďĂƚŽŝĚĂϮϱŵĐ͘ĐŽŶϰŐĂŵďĞ
EƵŵ͘ϭƐĞƌďĂƚŽŝŽĚĂϯϬŵĐ͘ĐŽŶϰŐĂŵďĞ
EƵŵ͘ϭƐĞƌďĂƚŽŝŽĚĂϰϬŵĐ͘ĂƚĞƌƌĂ
^ĐĂŵďŝĂƚŽƌĞĞƉŽŵƉĂĐŽůůĞŐĂƚŝ
^ĞƌďĂƚŽŝŽŝŶĂĐĐŝĂŝŽŝŶŽdž^/DZĂĨĨŝŽƌĂƚŽƌĞϵϬϬ
ĨĨŝŽƌĂƚŽƌĞϵϬϬ
^ĞƌďĂƚŽŝŽϭϱϬͬD/yϰϱ͘ϬϬϬ
^ĞƌďĂƚŽŝŽϭϱϬͬD/yϰϱ͘ϬϬϬ
^ĞƌďĂƚŽŝŽϭϱϬͬD/yϰϱ͘ϬϬϬ
^ĞƌďĂƚŽŝŽϭϱϬͬD/yϰϱ͘ϬϬϬ
/DW/EdK/Z&Z/'Z/KEWZd^h/&//Kϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
^dZEK
^dZEK
^dZEK
^dZEK
ϯϮ
ϯϯ
ϯϰ
ϯϱ
ZĞĨƌŝŐĞƌĂnjŝŽŶĞŵŽĚƵůĂƌĞZϭϬϱEKs&Z/'KŶƵŵ͘ϭϬϱϴ
ŚŝůůĞƌŵŽĚ͘:Z^ϭϬϱDϭϭϭϭEKs&Z/'K
ZĞĨƌŝŐĞƌĂnjŝŽŶĞŵŽĚƵůĂƌĞZϭϬϱEKs&Z/'KŶƵŵ͘ϰϬϭϱ
ŚŝůůĞƌŵŽĚ͘:Z^ϭϬϱDϭϭϭϭEKs&Z/'K
^dZEKϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
^dZEK
^dZEK
^dZEK
^dZEK
^dZEK
^dZEK
^dZEK
^dZEK
^dZEK
^dZEK
^dZEK
^dZEK
^dZEK
^dZEK
^dZEK
^dZEK
^dZEK
^dZEK
ϭϱ
/ŵƉŝĂŶƚŽ ŐůŝĐŽůĞ ĐŽƐƚŝƚƵŝƚŽ ĚĂ ƐĞƌďĂƚŽŝŽ ĐŽŝďĞŶƚĂƚŽ KZ/sZ/ ĐĂƉ͘
ϮϬϮϴůƚ͘ĞƉŽŵƉĞ
^ĞƌďĂƚŽŝŽĂĐĐŝĂŝŽŝŶŽdž'DD/EKyůŝƚƌŝϭϬϬ͘ϬϬϬ
'ƌƵƉƉŽƐĞƌďĂƚŽŝŽĂĐĐŝĂŝŽŝŶŽdžŶƵŵ͘ϭϭĐŽƐŞŝĚĞŶƚŝĨŝĐĂƚŝ
K>Z/EKy;^ϰͿ
'DD/EKyϰϬϬϬůƚ͘
ƐĞƌďĂƚŽŝŽ;^ϵͿƐĞŶnjĂŵĂƌĐĂ
ƐĞƌďĂƚŽŝŽƐĞŶnjĂŵĂƌĐĂ
'DD/EKy;^ϴͿ
ƐĞƌďĂƚŽŝŽƌĞĨƌŝŐĞƌĂƚŽƐĞŶnjĂŵĂƌĐĂ
'DD/EKy;^ϯͿ
^/DZϲϬ͘ϬϬϬůƚ͘
'DD/EKyϲϬ͘ϬϬϬůƚ͘;^ϭͿ
'DD/EKyϲϬ͘ϬϬϬůƚ͘;^ϲͿ
'DD/EKyϲϬ͘ϬϬϬůƚ͘;^ϳͿ
'ƌƵƉƉŽ ĨƌŝŐŽ &ZZZ/ ŐĂƐ ZϮϮ Wϯϯ ĐŽŶ ϭ ĐŽŵƉƌĞƐƐŽƌĞ ƉĞƌ
ϰϮ ƌĞĨƌŝŐĞƌĂnjŝŽŶĞƐĞƌďĂƚŽŝŽ
ϰϳ 'ƌƵƉƉŽĨƌŝŐŽWϯŐĂƐZϮϮĐŽŶϮĐŽŵƉƌĞƐƐŽƌŝKW>E
ϰϴ 'ƌƵƉƉŽĨƌŝŐŽWϭϮŐĂƐZϮϮĐŽŶϭĐŽŵƉƌĞƐƐŽƌĞ
ϯϴ
ϰϬ
ϰϭ
ϰϭͬ
ϰϭͬ
ϰϭͬ
ϰϭͬ
ϰϭͬ
ϰϭͬ&
ϰϭͬ'
ϰϭͬ,
ϰϭͬ/
ϰϭͬ>
ϰϭͬD
ϱϵϬϭϬϭ
'ϬϱϬϬϬϲ
ϮϲϬϯϮ
ϮϲϬϯϭ
ϮϬϬϱ
ϭ ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
ϭ ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
ϭ ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
ϭ ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
ϭ ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
/ŵƉŝĂŶƚŽ ŐůŝĐĂůĞ &>> 'Z/dd/ '&Ws ĐŽƐƚŝƚƵŝƚŽ ĚĂ ϭ ĐŽŵƉƌĞƐƐŽƌĞ ͕ ϲ
ϰϵ ƉŽŵƉĞĐŽŶϮǀĂƐĐŚĞнϭĐŽŵƉƌĞƐƐŽƌĞ'>DZŐĂƐZϮϮ
ϲϱϵ
Pagina 6
ϭϵϵϰ
ϭ ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
ALL. 9
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϱϬ /ŵƉŝĂŶƚŽ^dZ/><Z>ĚŝƚƚĂ>&>s>dΣϭϰϱΣ
/ŵƉŝĂŶƚŽ ĐůŝŵĂƚŝnjnj͘ d,EK>K< />/K>/ ƚĞů͘ ϬϯϬϵϭϯϬϬϳ ŵŽĚ͘
ϱϭ /DWϬϬŐĂƐZϮϮ
ϱϮ /ŵƉŝĂŶƚŽĐůŝŵĂƚŝnjnj͘>/sdWϭϴ
ϱϳ /ŵƉŝĂŶƚŽĨƌĞĚĚŽ>/DsEd
ϲϬ ^ĞƌďĂƚŽŝŽĂƌŝĂĐŽŵƉƌĞƐƐĂ^<ϮϭϬůƚ͘
ϲϮ ƐƐŝĐĂƚŽƌĞĂƌŝĂĐŽŵƉƌĞƐƐĂE/dDŵŽĚ͘,dͲϰϭϯ
^dZEK
^dZEK
^dZEK
^dZEK
^dZEK
^dZEK
^dZEK
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
'ƌƵƉƉŽ ŶƵŵ͘ϱ ƐĞƌďĂƚŽŝ ĂĐĐŝĂŝŽ ŝŶŽdž ; Ͳ ϭ ƐĞƌďĂƚŽŝŽ ĐŽŝďĞŶƚĂƚŽ ƉĞƌ
ĂĐƋƵĂ͕ͲϯĚĂϭϭϬ͘ϬϬϬůƚ͘>ĂƚƚŝĐĞůůŽĞƐĐŽƌƚĂƐŝĞƌŽ͕ϭĚĂϭϱϬ͘ϬϬϬůƚ͘ĐƋƵĂ
/ŵƉŝĂŶƚŽĐůŝŵĂƚŝnjnj͘/>/K>/ŵŽĚ͘DtϯyϵϬϬ^Eͬ^
dŽƌƌĞĂǀĂƉŽƌĂƚŝǀĂsWKŵŽĚ͘>^>ͲϮϰϬ
'ƌƵƉƉŽĨƌŝŐŽZKEdĞĐŶŝĐĂŐĂƐZϮϮWϮϮĐŽŵƉƌĞƐƐŽƌŝ
'ƌƵƉƉŽĨƌŝŐŽWϭϯϭĐŽŵƉƌĞƐƐŽƌĞKW>Dd/
'ƌƵƉƉŽ ĨƌŝŐŽ '&Wϭϳ DZ,/d>>/ dĞƌŵŽĚŝŶĂŵŝĐĂ ŵŽĚ͘ DϯϬͬϮdE
ϳϭ ŐĂƐZϮϮ
ϳϮ 'ƌƵƉƉŽĨƌŝŐŽWϮϴ/>/K>/ŵŽĚ͘DϰϬϬŐĂƐZϮϮ
^dZEK
^dZEK
ϭϵϲϵ
ϭ ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
ϴϵϮϬ
ϭϵϵϵ
ϭ
ϭ
ϭ
ϭ
ϭ
ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
ϭ
ϭ
ϭ
ϭ
ϭ
ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
ϭϵϵϱ
ϲϱ
ϲϲ
ϲϳ
ϲϵ
ϳϬ
^dZEK
^dZEK
^dZEK
^dZEK
ϯϮϭϰϮͲϱϯϱ
ϭϮϬϯ
/ͲϮϯϳϴϱ
ϮϬϬϭ
ϮϬϬϭ
ϯϭϬ
ϮͬϰϮϴϯϰ
ϭϵϵϲ
ϭϵϵϴ
ϭ ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
ϭ ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
ĐĂůĚĂŝĂŐĞŶĞƌĂƚŽƌĞĚŝǀĂƉŽƌĞŵĂƌĐĂ^ŝĂƚƉŽƚĞŶnjĂϭ͘ϴϬϬ͘ϬϬϬŬĐĂůͬŚĐŽŶ
ďƌƵĐŝĂƚŽƌĞĂŵĞƚĂŶŽƵĞŶŽĚ
ϵϴϬϬ
ϭϵϵϰ
ϭ ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
ĐĂůĚĂŝĂKƌĞƐƚĞ>ƵĐŝĂŶŝŵŽĚĞůůŽWZϭϱϬϬͬϴϯ͕ƉŽƚĞŶnjĂϯƚŽŶͬŚĚŝǀĂƉŽƌĞ
ϳϴϲϵ
ϭϵϴϯ
ϭ ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
ϭϱ/Ͳ>K>/EdZ>dZD/
ϭϱ/
͘d͘
ϭ
ϭϱ/
͘d͘
ϯ
ϭϱͲWhZdKZ
ϭϱ
W
ϭϱ
W
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
W
W
W
W
W
W
W
ϭ ŝŵƉŝĂŶƚŽĚŝƚƌĂƚƚĂŵĞŶƚŽĨĂŶŐŚŝĐŽƐƚŝƚƵŝƚŽĚĂ͗
ϭͬ
ϭͬ
ϭͬ
ϭͬ
Ϯͬ
Ϯͬ
Ϯͬ
ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
ƐĞƌďĂƚŽŝŝŶĨĞƌƌŽĐŽŶĂŐŝƚĂƚŽƌŝ;ϭƉĞƌĐĂůĐĞŝĚƌĂƚĂ͕ϮƉĞƌƉŽůŝĞůĞƚƚƌŽůŝƚĂͿ
ŶĂƐƚƌŽƉƌĞƐƐĂĚŝƚƚĂĐŽŵĂĐĐŚŝŶĞŵŽĚĞůůŽϰϬϱͬϴϬϬ
ŶĂƐƚƌŽƉĞƌƐĐĂƌŝĐŽĨĂŶŐŚŝĚŝƚƚĂ^ĞƌĞĐŽ
ƐŝůŽƐĐĂůĐĞǀĞŶƚŝůĂƚĂĚŝƚƚĂ^ĞƌĞĐŽ
Ϯ ŝŵƉŝĂŶƚŽĚŝĚĞƉƵƌĂnjŝŽŶĞƌĞĨůƵŝĐŽƐƚŝƚƵŝƚŽĚĂ͗
ƐĞƌďĂƚŽŝŽĐůŽƌƵƌŽĨĞƌƌŝĐŽ
ƐŝƐƚĞŵĂĚŝŝŶŝĞnjŝŽŶĞůĂƚƚĞĚŝĐĂůĐĞ
ƐŝƐƚĞŵĂĚŝĚŽƐĂŐŐŝŽƉŽůŝĞůĞƚƚƌŽůŝƚĂ
Ͳ
ϭϭϱϴ
Ͳ
Ͳ
Ͳ
ϭϵϵϰ
Ͳ
Ͳ
Ͳ
Ͳ
Ͳ
Ͳ
Ͳ
Ͳ
ϯ ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
ϭ ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
ϭ ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
ϭ ŝůĨŝůƚƌŽğ&>ůĞĂƐŝŶŐĐŽŶƚŶϰϰϵϯ
ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
ϭ ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
ϭ ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
ϭ ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
ϭϱ,ͲEdZ>>ddZ/
dƌĂƐĨŽƌŵĂƚŽƌĞĂƐĞĐĐŽWŽƚ͘ϭϬϬϬ<sŶƵŵ͘Ϯϱϭϭϵϳͬϭ͕ĚŝƚƚĂD&ĚŝWŽŶƚĞ
ϭ ^ĂŶDĂƌĐŽϬϯϬϵϲϯϲϬϮϬ
Ϯ dƌĂƐĨŽƌŵĂƚŽƌĞƚƌŝĨĂƐĞ'Z/dd/ŶƵŵ͘ϮϱϱϴƉŽƚ͘ϭϬϬϬ<s
ϯ 'ĞŶĞƌĂƚŽƌĞϭϬϬϵϬͬϬϯ^dD&KZ
ϭϱ,
ϭϱ,
ϭϱ,
ϭϵϵϳ
ϮϬϬϬ
ϭ ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
ϭ ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
ϭ ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
ϭϱ>ͲD'/EKZdKE/
ϭϱ>
Ϭϭ
^ĐĂĨĨĂůĂƚƵƌĞĐŽŶϰϮĐĂŵƉĂƚĞŚϲŵƚϮƌŝƉŝĂŶƚŝ͕ƉŽƌƚĂƚĂƐƉĂůůĂϲ͘ϱϬϬŬŐ͕
Ϭϭ ƉŽƌƚĂƚĂƉŝĂŶŝϯ͘ϬϬϬŬŐ
ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
/&//Kϭϳ>sKZ/KE'ZE'Zddh''/dKKE&/KEDEdK'ZE
dĞƌŵŽĨŽƌŵĂƚƌŝĐĞ
Pagina 7
ALL. 9
ϭϳ
ϲ
ϵϯ &ŽƌŵĂƚƌŝĐĞsĂƐĐŚĞƚƚĂdĞĐŚŶŽƐLJƐƚĞŵ
ϬϰϬϱϭϳϴ
ϮϬϬϰ
ϭ ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
KE&/KEDEdK'ZE
ϭϮ
ϭϭ WĞƐĂĂƚĞƌƌĂĞůĞƚƚƌŽŶŝĐĂƵƌŽďŝůůĐŽŶƚĂǀŽůŝŶŽŝŶĂĐĐŝĂŝŽ
ϭϮ
ϭϮ
ϭϮ
ϭϮ &ŝůŵĂƚƌŝĐĞW&DDŝƐƚƌĂů
ϭϯ DĂĐĐŚŝŶĂƉĞƌŝůǀƵŽƚŽƌLJŽǀĂĐ:ϲ/>,&
ϭϴ ^ƉĂĐĐĂŐƌĂŶĂĐĐŝĂŝŽ&ƵƌůĂŶϴϮϱϬϮ
ϭϳ
ϭϮ
Ϯϯ dƵŶŶĞůƌLJŽǀĂĐdϮϱƉĞƌƚĞƌŵŽƌĞƚƌĂŝďŝůĞ;ǀĞĐĐŚŝŽͿ
ϭϳ
ϭϳ
ϭϳ
ϭϳ
ϭϮ
ϭϮ
ϭϮ
ϭϮ
Ϯϲ
Ϯϳ
Ϯϴ
Ϯϵ
WĞƐĂĞƚŝĐŚĞƚƚĂƚƌŝĐĞŝnjĞƌďĂ'^
WĞƐĂĞƚŝĐŚĞƚƚĂƚƌŝĐĞŝnjĞƌďĂ's
dĂǀŽůŽĞƌƵůůŝĞƌĞ
EĂƐƚƌĂƚƌŝĐĞ'ĞŵŝŶŝŽŵĂƌŶĞ'ĞŵLJϱϬ
ϭϳ
ϭϳ
ϭϳ
ϭϳ
ϭϮ
ϭϮ
ϭϮ
ϭϮ
ϯϬ
ϯϭ
ϯϮ
ϯϯ
WĞƐĂĞƚŝĐŚĞƚƚĂƚƌŝĐĞŝnjĞƌďĂ'^
WĞƐĂĞƚŝĐŚĞƚƚĂƚƌŝĐĞŝnjĞƌďĂ's
dĂǀŽůŽĞƌƵůůŝĞƌĞ
EĂƐƚƌĂƚƌŝĐĞ'ĞŵŝŶŝŽŵĂƌŶĞ'ĞŵLJϱϬ
ϭϮ
ϭϮ
ϭϮ
ϭϮ
ϭϮ
ϭϮ
ϯϴ
ϯϵ
ϰϬ
ϰϭ
ϰϮ
ϱϮ
ƚŝĐŚĞƚƚĂƚƌŝĐĞŝnjĞƌďĂ'ĐŽŶƌƵůůŝĞƌĂ
WĞƐĂŝnjĞƌďĂ/d&
ƚŝĐŚĞƚƚĂƚƌŝĐĞŝnjĞƌďĂ'ĐŽŶƌƵůůŝĞƌĂ
EĂƐƚƌĂƚƌŝĐĞ'ĞŵŝŶŝĐŽŶƌƵůůŝĞƌĞ
WĞƐĂĂƚĞƌƌĂůĞƚƚƌŽŶŝĐĂƵƌŽďŝů
^ƉĂĐĐĂŐƌĂŶĂ&ƵƌůĂŶ&Ğ;ǀĞĐĐŚŝŽͿ
ϭϳ
ϭ ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
>/EZzKs
ϭϳ
ϭϳ
ϭϳ
ϳϴϳϳ
ϵϱϰϬϬϮϭϲ
ϮϬϬϲ
ϮϬϬϱ
ϭ ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
ϭ ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
ϭ ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
>/E&hZh<h
ϭ ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
>/Eϰ
ϭϴϳϯϭϳϮ
ϭϲϵϬϰϮϲ
ϭ
ϭ
ϭ
ϭ
ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
ϭ
ϭ
ϭ
ϭ
ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
ϭϲϰϰϮϱϲ
ϭϲϱϱϯϬϮ
ϭϱϵϱϴϳϯ
ϵϮϬϬϳϴϳϴ
ϭ
ϭ
ϭ
ϭ
ϭ
ϭ
ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
ϭϮϭϬϰϮϯ
ϭ
ϭ
ϭ
ϭ
ϭ
ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
tϬϭϬϲϱϮ
>/Eϱ
ϭϲϲϬϯϭϴ
ϭϲϵϱϵϮϭ
ϵϭϬϬϲϮϭϵ
>/E ĨŽƌŵĂƚŝŐƌŽƐƐŝ
ϭϳ
ϭϳ
ϭϳ
ϭϳ
ϭϳ
ϭϳ
>/EdZDK&KZDdKW/'ZE/
ϭϳ
ϭϳ
ϭϳ
ϭϳ
ϭϳ
ϭϮ
ϭϮ
ϭϮ
ϭϮ
ϭϮ
ϱϯ
ϱϰ
ϱϲ
ϱϳ
ϱϴ
^ƉĂĐĐĂŐƌĂŶĂ&ƵƌůĂŶ
EĂƐƚƌŽƚƌĂƐƉŽƌƚĂƚŽƌĞ
ŝŶƐĂĐĐŚĞƚƚĂƚƌŝĐĞŵĂŶƵĂůĞ
^ĂůĚĂƚƌŝĐĞƌLJŽǀĂĐ
&ŽƌŶŽƌĞƚƌĂŝďŝůĞƌLJŽǀĂĐ^dϵϬ
D'/EK'ZE;>s''/K^WK>dhZͿ
ϭϳ
ϭϳ
ϭϳ
ϭϰ
ϭϰ
ϭϰ
Ϯ /ŵƉŝĂŶƚŽůĂǀĂĨŽƌŵĞĂǀĂƚŽƌƚĂD>&ϰ
ϰ 'ƌƵĂďĂŶĚŝĞƌĂĐŽŶĂnjnjĞƌĂƚŽƌĞƉĞƐŽ
ϳ 'ƌƵĂďĂŶĚŝĞƌĂĐŽŶĂnjnjĞƌĂƚŽƌĞƉĞƐŽ
ϬϬϱ
ϮϬϬϬ
ϭ ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
ϭ ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
ϭ ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
ϭϳͲWK^/dKZdKE/WZKss/^KZ/K
ϭϳ
ϭϳ
^ĐĂĨĨĂůĂƚƵƌĞ ĐŽŵƉŽŶŝďŝůĞ ƉĞƌ ƉĂůůĞƚ ;ϵ ĐĂŵƉĂƚĞ ĐŽŶ ϭ ƌŝƉŝĂŶŽ͕ ϰϭ
ϭ ĐĂŵƉĂƚĞĐŽŶϮƌŝƉŝĂŶŝͿ
ϰ ŽŶĨĞnjŝŽŶĂƚƌŝĐĞ&hZhhϴϲϬϬͲϭϱĚŝƚƚĂ^>Ͳ/Z
ϭ ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
ϭ ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
ϭϳͲsEKdE/KW/EKDDdK
ϭϳ
sd
ϭ ŽŵƉƌĞƐƐŽƌĞĞĐĐĂƚŽ^ϯϬϴďĂƌ
/ϭϬϭϴϰϰ
Pagina 8
ϮϬϬϯ
ϭ ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
ALL. 9
ϭϳ
ϭϳ
ϭϳ
ϭϳ
ϭϳ
sd
sd
sd
sd
sd
Ϯ
ϯ
ϰ
ϱ
ϲ
ϭϳ
sd
ϳ
ϭϳ
sd
ϴ
ϭϳ
ϭϳ
ϭϳ
sd
sd
sd
ϵ
ϭϬ
ϭϭ
ŽŵƉƌĞƐƐŽƌĞĞĐĐĂƚŽ^ϯϬϴďĂƌ
ŽŵƉƌĞƐƐŽƌĞĞĐĐĂƚŽ^ϯϬϴďĂƌ
ƐƐŝĐĂƚŽƌĞĞĐĐĂƚŽ>yϯϲ
ƐƐŝĐĂƚŽƌĞĞĐĐĂƚŽ>yϯϲ
^ĞƌďĂƚŽŝŽĂƌŝĂĐŽŵƉƌĞƐƐĂ>/ůƚ͘ϭϬϬϬ
/ŵƉŝĂŶƚŽ ĐůŝŵĂƚŝnjnjĂnjŝŽŶĞ ŐƌƵƉƉŽ ĨƌŝŐŽ ŶƵŵ͘ ϯ ĐŽŵƉƌĞƐƐŽƌŝ ŐĂƐ ZϰϬϰ
tDKW>E
/ŵƉŝĂŶƚŽ ĐůŝŵĂƚŝnjnjĂnjŝŽŶĞ ŐƌƵƉƉŽ ĨƌŝŐŽ ŶƵŵ͘ Ϯ ĐŽŵƉƌĞƐƐŽƌŝ н ϭ ƐƚĂĐĐĂƚŽ
ŐĂƐZϰϬϰtDKW>E
/ŵƉŝĂŶƚŽ ĐůŝŵĂƚŝnjnjĂnjŝŽŶĞ ŐƌƵƉƉŽ ĨƌŝŐŽ ŶƵŵ͘ Ϯ ĐŽŵƉƌĞƐƐŽƌŝ ŐĂƐ ZϰϬϰ
tDKW>E
hŶŝƚăƚƌĂƚƚĂŵĞŶƚŽĂƌŝĂƌĞƉĂƌƚŽĞƚŝĐŚĞƚƚĂƚƵƌĂ
hŶŝƚăƚƌĂƚƚĂŵĞŶƚŽĂƌŝĂƌĞƉĂƌƚŽĐŽŶĨĞnjŝŽŶĂŵĞŶƚŽŐƌĂŶĂ
/ϭϳϵϲϵϲ
/ϭϮϱϱϵϬ
/ϬϯϮϰϬϲ
/ϭϰϭϲϱϱ
ϭϬϰϰϬϴ
ϮϬϬϱ
ϮϬϬϰ
ϮϬϬϭ
ϮϬϬϰ
ϭϵϵϭ
ϭ
ϭ
ϭ
ϭ
ϭ
ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
ϭ ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
ϭ ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
ϭ ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
ϭ ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
ϭ ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
^dZEKϭϳ
ϭϳ
ϭϳ
ϭϳ
ƐƚĞƌŶŽ
ƐƚĞƌŶŽ
ƐƚĞƌŶŽ
ϭϭ 'ƌƵƉƉŽƉŽŵƉĞǀƵŽƚŽŶƵŵ͘ϮZ/d^,>ŵŽĚ͘/&,ϲϯϭ
ϭϮ WŽŵƉĂǀƵŽƚŽWsZϱϰϬ
ϭϯ /ŵƉŝĂŶƚŽĂƐƉŝƌĂnjŝŽŶĞƐĨƌŝĚŝ^dZ
ϭϰϭϵϯϭϵϭϰϭϵϯϵϯ
ϭϵϵϭ
ĂŶƚĞϭϵϵϬ
ϭ ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
ϭ ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
ϭ ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϬϲϮϬϯĞ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϮϬϬϲϰϮϬϰ͍͍͍
$
+,#
1#
%!%&%'(!)*&
%!%&%'(!)-&!.()!%&/0&
Pagina 9
ALL. 9
&ĂůůŝŵĞŶƚŽϯϭϯͬϭϬDĞĚĞŐŚŝŶŝ^ƉĂŝŶůŝƋƵŝĚĂnjŝŽŶĞ
ŝŵŵŽďŝůĞ
ƌĞƉĂƌƚŽ ďĞŶĞ
ĞƐĐƌŝnjŝŽŶĞ
DĂƚƌŝĐŽůĂ
ŶŶŽ Y͘ƚă
ůů͘ϭϬďĞŶŝĚŝƉƌŽƉƌŝĞƚă&>>ĞĂƐŝŶŐ
EŽƚĞ
ƐƚŝŵĂŝŶƵƐŽ
ƐƚŝŵĂƐǀĞŶĚŝƚĂ
/&//KϭϱWZKh/KE'ZE͕WZKh/KEKE&/KEDEdKDK>>/&Z^,/͕'KZ'KEK>͕Z/Kdd͕hZZK͕D^ZWKE
/&//KϭϱͲZWZdKWZKh/KEZ/Kdd
ϵ
ϭϱ
ϭϱ
ϵ
Ϯϱͬ ŵĞƚĂůĚĞƚĞĐƚŽƌDĞƚĂůƚĞĐĐŽŶĐŽŶƚƌŽůůŽƉĞƐŽWĞŶͲƚĞĐ͕ŵŽĚĞůůŽD^ZϭϲϬϬ
Ϯϱͬ/ ĞƚŝĐŚĞƚƚĂƚƌŝĐĞŝnjĞƌďĂ'^
WϬϬϯϳϯ
ϭϬϭϴϴϲϰϯ
ϮϬϬϱ
ϮϬϬϬ
ϭ ůĞĂƐŝŶŐ&>ĐŽŶƚŶ͘ϰϲϵϭ
ϭ ůĞĂƐŝŶŐ&>ĐŽŶƚŶ͘ϰϲϱϬ
ϴ͘ϱϬϬ͕ϬϬ
ϱ͘ϱϬϬ͕ϬϬ
ϱ͘ϮϬϬ͕ϬϬ
ϯ͘ϬϬϬ͕ϬϬ
Ͳ
ϮϬϬϳ
ϭ ůĞĂƐŝŶŐ&>ĐŽŶƚ͘Ŷ͘ϰϲϲϰ
ϯϵ͘ϮϬϬ͕ϬϬ
Ϯϰ͘ϬϬϬ͕ϬϬ
Ͳ
Ͳ
Ͳ
Ͳ
Ͳ
Ͳ
ϯϯ ůĞĂƐŝŶŐ&>ĐŽŶƚŶ͘ϰϲϯϰ
ϯϯ ůĞĂƐŝŶŐ&>ĐŽŶƚŶ͘ϰϲϯϵ
Ϯ ůĞĂƐŝŶŐ&>ĐŽŶƚŶ͘ϰϲϯϰ
^Ϭϱϯϰ
ϮϬϬϲ
Ͳ
Ͳ
/&//KϭϱͲZWZdK>sKZ/KEDK>>/&Z^,/
ϯ
ϭϱ
ϭϳ ƌŝďĂůƚĂǀĂƐƐŽŝWĂĚƌŝŶŵŽĚĞůůŽ/ϭϵͲϬϭĐŽŶƌĞƚĞĚŝƉƌŽƚĞnjŝŽŶĞ
/&//KϭϱͲZWZdKWZKh/KE'ZE
ϭ ϭͬ
ϭ ϭͬ
ϭ
ϭϱ
ϭϱ
ϭϱ
ĂŐŝƚĂƚŽƌŝĚŝƚƚĂĂƐĞĂƌƚĞĐŶŝĐĂĂƌƚŽůŝĐŽŶĞůŝĐĂ
ƐŝƐƚĞŵĂĚŝĐŽŶƚƌŽůůŽƚĞŵƉĞƌĂƚƵƌĂ
ϰ ƐƉĂnjnjŽůĂƚƌŝĐĞƉƵůŝƚƌŝĐĞĐŽŶĐĂƌƌĞůůŽ
ϮϮ͘ϴϬϬ͕ϬϬ
ϭϬ͘ϲϬϬ͕ϬϬ
ǀĂůƵƚĂƚŽĐŽŶϭϱďͲϭͲϭͬď
ϭϮ͘ϰϬϬ͕ϬϬ
ϱ͘ϴϬϬ͕ϬϬ
/&//KϭϱͲZWZdKKE&/KEDEdK'KZ'KEK>D^ZWKE
ϭϱ
ϭϬ
ϱϯ ĐŽŶĨĞnjŝŽŶĂƚƌŝĐĞ^ĂĐĐĂƌĚŽŵŽĚĞůůŽt>^ϵϬ
ϭ njŽŶĂƉĞƐĂ͕ůĞĂƐŝŶŐ&>ĐŽŶƚŶ͘ϰϲϱϰ
ϰ͘ϱϬϬ͕ϬϬ
Ϯ͘ϰϲϬ͕ϬϬ
ϭϬϮ͘ϱϬϬ͕ϬϬ
ϲϮ͘ϬϬϬ͕ϬϬ
/&//KϭϱͲZWZdKK^DK^/
ϭϱ
ϭϭ
ŝŵƉŝĂŶƚŽŽƐŵŽƐŝĚŝƚƚĂWĂŵĞŵďƌĂŶĞƉĞƌĐŽŶĐĞŶƚƌĂnjŝŽŶĞƐŝĞƌŽ
ϭ ϯϬϬϬϬůƚͬŚ
ϭ ůĞĂƐŝŶŐ&>ĐŽŶƚŶ͘ϰϱϱϴ
^dZEK/&//Kϭϱ^d/Z/KE^h
ϭϱ
ϭϱ
^dZEK ϭͬ
^dZEK ϭͬ
ƉŽůŝǀĂůĞŶƚĞWŽůŝƐŽĨƚĐŽŶĨŽŶĚŽƐĐŽƉĞƌƚŽ
ƉŽůŝǀĂůĞŶƚĞWŽůŝƐŽĨƚĐŽŶĨŽŶĚŽƐĐŽƉĞƌƚŽ
Ͳ
Ͳ
Ͳ
Ͳ
ϭ ůĞĂƐŝŶŐ&>ĐŽŶƚŶ͘ϰϳϭϬ
ϭ ůĞĂƐŝŶŐ&>ĐŽŶƚŶ͘ϰϳϭϬ
ϯ͘ϴϬϬ͕ϬϬ
ϯ͘ϴϬϬ͕ϬϬ
ǀĂůƵƚĂƚŽĐŽŶϭϱďͲĞƐƚĞƌŶŽͲϭͬĂ
^dZEKϭϱ
ϭϱ
^dZEK
ϲϴ 'ƌƵƉƉŽĨƌŝŐŽƚƵŶŶĞů^dEZd,/DW/Ed/ϰĐŽŵƉƌĞƐƐŽƌŝ
ϭ ůĞĂƐŝŶŐ&>ĐŽŶƚŶ͘ϰϱϮϳ
ϭϰ͘ϵϬϬ͕ϬϬ
ϰ͘ϱϬϬ͕ϬϬ
ϭ ůĞĂƐŝŶŐ&>ĐŽŶƚŶ͘ϰϳϳϳ
ϭϬ͘ϴϬϬ͕ϬϬ
ϰ͘ϳϲϬ͕ϬϬ
ϭϱ/Ͳ>K>/EdZ>dZD/
ŝŵƉŝĂŶƚŽĂĚĚŽůĐŝƚŽƌĞĂĚŽƉƉŝĂĐŽůŽŶŶĂŝŶƌĞƐŝŶĂĚŝƚƚĂWƌĂŐŵĂŚŝŵŝĐĂ
ŵŽĚĞůůŽϭϬϬͬϭϬϬϬdžϮ
ϭϱ/
͘d͘
ϱ
ϭϱ/
͘d͘
ϲ ŝŵƉŝĂŶƚŽĚŝƌĞĐƵƉĞƌŽĐĂůŽƌĞůĂƚĞŶƚĞĐŽƐƚŝƚƵŝƚŽĚĂƵŶĂǀĂƐĐĂĚŝƌĞĐƵƉĞƌŽ
ĐŽŶĚĞŶƐĞ͕ϭƐĐĂŵďŝĂƚŽƌĞ͕ϮƉŽŵƉĞƉĞƌĂůƚĂƚĞŵƉĞƌĂƚƵƌĂ
EϮϲϮ
ϮϬϬϳ
Ͳ
Ͳ
ϭ ůĞĂƐŝŶŐ&>ĐŽŶƚ͘E͘ϰϱϮϲ
ϵ͘ϵϬϬ͕ϬϬ
ϯ͘ϬϬϬ͕ϬϬ
Ͳ
Ͳ
ϭ ŝůĨŝůƚƌŽğ&>ůĞĂƐŝŶŐĐŽŶƚŶϰϰϵϯ
ϰ͘ϴϬϬ͕ϬϬ
ϱϬϬ͕ϬϬ
ϭϱϲ͘Ϭϳ͘ϬϬ
ϮϬϴϬϬϮϮϱϬϳϯ
WϬϬϱϯϭ
ϮϬϬϳ
ϭϱͲWhZdKZ
ϭϱ
W ϭͬ
ƐŝůŽƐĐĂůĐĞǀĞŶƚŝůĂƚĂĚŝƚƚĂ^ĞƌĞĐŽ
/&//Kϭϳ>sKZ/KE'ZE'Zddh''/dKKE&/KEDEdK'ZE
ZWZKh/KE'Zddh'/dK
>ŝŶĞĂ͍͍͍
ϲ
ϲ
ϲ
ϭϳ
ϭϳ
ϭϳ
Ϯϲ ƐƉŝƌĂƚŽƌĞDs&ϭϴϰϮϬW͘ϮϱϬ
Ϯϵ DĞƚĂůĚĞƚĞĐƚŽƌWĞŶƚĞĐd,^ͬEE
ϯϬ WĞƐĂWĞŶƚĞĐ
ϮϬϬϴ
ϭ ůĞĂƐŝŶŐ&>ĐŽŶƚŶ͘ϰϴϰϭ
ϭ ůĞĂƐŝŶŐ&>ĐŽŶƚŶ͘ϰϴϯϱ
ϭ ůĞĂƐŝŶŐ&>ĐŽŶƚŶ͘ϰϴϯϱ
Ϯ͘ϴϬϬ͕ϬϬ
ϴ͘ϵϬϬ͕ϬϬ
ǀĂůƵƚĂƚŽĐŽŶϭϳͲϲͲϮϵ
ϭ͘ϱϱϬ͕ϬϬ
ϱ͘ϵϬϬ͕ϬϬ
dĞƌŵŽĨŽƌŵĂƚƌŝĐĞ
ϭϳ
ϲ
ϭϭϳ ŵƵůŝŶŽŵĂƌĐĂ^ŝŵŽƚŝƉŽ:ŽLJϭ
ϳϭϭϬϴ͕ϳϭϭϬϵ
Ϯ ůĞĂƐŝŶŐ&>ĐŽŶƚŶ͘ϰϳϯϮ
ϰ͘ϱϬϬ͕ϬϬ
Ϯ͘ϳϱϬ͕ϬϬ
ϭ ůĞĂƐŝŶŐ&>ĐŽŶƚŶ͘ϰϲϳϬ
ϮϬ͘ϰϬϬ͕ϬϬ
ϭϱ͘ϬϬϬ͕ϬϬ
ϭ ůĞĂƐŝŶŐ&>ĐŽŶƚŶ͘ϰϱϰϮ
ϭϰ͘ϬϬϬ͕ϬϬ
Ϯϴϴ͘ϰϬϬ͕ϬϬ
ϭϰ͘ϬϬϬ͕ϬϬ
ϭϳϬ͘ϲϮϬ͕ϬϬ
D'/EK'ZE;>s''/K^WK>dhZͿ
ϭϳ
ϭϰ
ϲ DĂĐĐŚŝŶĂƌĂŐŐŝdž'ŝůĂƌĚŽŶŝ
^dZEKϭϵ
ϭϵ
ƐƚĞƌŶŽ ϵͬ
ƉĂŶĞƚƚĂƚƌŝĐĞĨŽƌŵĂƚŽŵŝŐŶŽŶϵ͕ϯŐƌĚŝƚƚĂŽƌĂnjnjĂŵŽĚĞůůŽ&ϮϮϬ
Zϭϳϳ
dKd>
Pagina 1
ALL. 10
&ĂůůŝŵĞŶƚŽϯϭϯͬϭϬDĞĚĞŐŚŝŶŝ^ƉĂŝŶůŝƋƵŝĚĂnjŝŽŶĞ
ŝŵŵŽďŝůĞ
ƌĞƉĂƌƚŽ ďĞŶĞ
ĞƐĐƌŝnjŝŽŶĞ
DĂƚƌŝĐŽůĂ
ŶŶŽ Y͘ƚă
ůů͘ϭϭďĞŶŝĚŝƉƌŽƉƌŝĞƚăhŶŝĐƌĞĚŝƚ>ĞĂƐŝŶŐ
EŽƚĞ
ƐƚŝŵĂŝŶƵƐŽ
ƐƚŝŵĂƐǀĞŶĚŝƚĂ
/&//KϭϱWZKh/KE'ZE͕WZKh/KEKE&/KEDEdKDK>>/&Z^,/͕'KZ'KEK>͕Z/Kdd͕hZZK͕
D^ZWKE
/&//KϭϱͲZWZdKWZKh/KEZ/Kdd
ϵ
ϭϱ
ϵ
ϭϱ
ϭϱ
ϵ
ϵ
ϭϱ
ŝŶƐĐĂƚŽůĂƚƌŝĐĞ ĂƵƚŽŵĂƚŝĐĂ Ă ϲ ƉŝƐƚĞ ĐŽŶ ƐŵŝƐƚĂƚŽƌĞ ĂƵƚŽŵĂƚŝĐŽ ĚŝƚƚĂ
Ϯϱͬ' /ŵĞĐ'ƌŽƵƉŵŽĚĞůůŽWŝĐŬĂŶĚWůĂĐĞ
Ϯϱͬ, ĨŽƌŵĂƚƌŝĐĞƐĐĂƚŽůĞĐŽŶŝŶĐŽůůĂƚŽƌĞĚŝƚƚĂ/ŵĞĐ'ƌŽƵƉŵŽĚĞůůŽ&ůĞdžŝdƌĂLJ
Ϯϱͬ> ĐŚŝƵĚŝƚƌŝĐĞĂƵƚŽŵĂƚŝĐĂĐĂƌƚŽŶŝĂĐŽůůĂĚŝƚƚĂ/ŵĞĐ'ƌŽƵƉ
ƐŝƐƚĞŵĂ Ěŝ ƐĐĂƌŝĐŽ Ă ĂƐƐŝ ĐĂƌƚĞƐŝĂŶŝ ƉĞƌ ƉĂůĞƚƚŝnjnjĂnjŝŽŶĞ ĚŝƚƚĂ /ŵĞĐ 'ƌŽƵƉ
ϮϱͬE ŵŽĚĞůůŽWĂůůĞƚƚŝnjnjĂƚŽƌĞ͕ĐŽŶŐĂďďŝĂĚŝƐŝĐƵƌĞnjnjĂ
ϬϬϵϮϬϬϲϭϬ
ϮϬϬϳ
ϭ ůĞĂƐŝŶŐhŶŝĐƌĞĚŝƚůĞĂƐŝŶŐĐŽŶƚŶ͘>/ϵϲϳϳϳϲ
ϴϭ͘ϰϱϬ͕ϬϬ
ϬϬϵϮϬϬϲϭϲ
ϬϬϵϮϬϬϲϭϯ
ϮϬϬϳ
ϮϬϬϳ
ϭ ůĞĂƐŝŶŐhŶŝĐƌĞĚŝƚůĞĂƐŝŶŐĐŽŶƚŶ͘>/ϵϲϳϳϳϲ
ϭ ůĞĂƐŝŶŐhŶŝĐƌĞĚŝƚůĞĂƐŝŶŐĐŽŶƚŶ͘>/ϵϲϳϳϳϲ
ǀĂůƵƚĂƚŽĐŽŶϭϱďͲϵͲϮϱͬŐ
ǀĂůƵƚĂƚŽĐŽŶϭϱďͲϵͲϮϱͬŐ
ϬϬϵϮϬϬϲϬϲ
ϮϬϬϳ
ϭ ůĞĂƐŝŶŐhŶŝĐƌĞĚŝƚůĞĂƐŝŶŐĐŽŶƚŶ͘>/ϵϲϳϳϳϲ
ǀĂůƵƚĂƚŽĐŽŶϭϱďͲϵͲϮϱͬŐ
ϮϬϬϳ
ϭϵϵϱ
ϭϵϵϱ
ϮϬϬϳ
ϭ ůĞĂƐŝŶŐhŶŝĐƌĞĚŝƚ>ĞĂƐŝŶŐĐŽŶƚŶ͘>/ϵϲϱϱϳϯ
ϭ ůĞĂƐŝŶŐhŶŝĐƌĞĚŝƚ>ĞĂƐŝŶŐĐŽŶƚŶ͘>/ϵϲϱϱϳϯ
ϭ ůĞĂƐŝŶŐhŶŝĐƌĞĚŝƚ>ĞĂƐŝŶŐĐŽŶƚŶ͘>/ϵϲϱϱϳϯ
ϭ ůĞĂƐŝŶŐhŶŝĐƌĞĚŝƚ>ĞĂƐŝŶŐĐŽŶƚŶ͘>/ϵϲϱϱϳϯ
Ϯϭ͘ϮϬϬ͕ϬϬ
Ϯϭ͘ϮϬϬ͕ϬϬ
ǀĂůƵƚĂƚŽĐŽŶϭϱďͲĞƐƚĞƌŶŽϭͬď
ϮϬϬϳ
ϮϬϬϳ
ϭ ůĞĂƐŝŶŐhŶŝĐƌĞĚŝƚ>ĞĂƐŝŶŐĐŽŶƚŶ͘>/ϵϲϴϰϴϮ
ϭ ůĞĂƐŝŶŐhŶŝĐƌĞĚŝƚ>ĞĂƐŝŶŐĐŽŶƚŶ͘>/ϵϲϴϰϴϮ
ϳ͘ϱϬϬ͕ϬϬ
ϰ͘ϲϬϬ͕ϬϬ
ǀĂůƵƚĂƚŽĐŽŶϭϱďͲĞƐƚĞƌŶŽͲϱϵ
ϭ
ϭ
ϭ
ϭ
ϭ
ůĞĂƐŝŶŐhŶŝĐƌĞĚŝƚ>ĞĂƐŝŶŐĐŽŶƚŶ͘>/ϵϲϮϴϭϮ
ůĞĂƐŝŶŐhŶŝĐƌĞĚŝƚ>ĞĂƐŝŶŐĐŽŶƚŶ͘>/ϵϲϮϴϭϮ
ůĞĂƐŝŶŐhŶŝĐƌĞĚŝƚ>ĞĂƐŝŶŐĐŽŶƚŶ͘>/ϵϲϴϰϲϱ
ůĞĂƐŝŶŐhŶŝĐƌĞĚŝƚ>ĞĂƐŝŶŐĐŽŶƚŶ͘>/ϵϲϴϰϵϮ
ůĞĂƐŝŶŐhŶŝĐƌĞĚŝƚ>ĞĂƐŝŶŐĐŽŶƚŶ͘>/ϵϲϴϰϵϮ
Ϯϲ͘ϳϬϬ͕ϬϬ
ǀĂůƵƚĂƚŽĐŽŶϭϳͲϲͲϭ
ϭ ůĞĂƐŝŶŐhŶŝĐƌĞĚŝƚ>ĞĂƐŝŶŐĐŽŶƚŶ͘>/ϵϲϴϰϲϱ
ϭ ůĞĂƐŝŶŐhŶŝĐƌĞĚŝƚ>ĞĂƐŝŶŐĐŽŶƚŶ͘>/ϵϲϴϰϵϮ
ϭ ůĞĂƐŝŶŐhŶŝĐƌĞĚŝƚ>ĞĂƐŝŶŐĐŽŶƚŶ͘>/ϵϲϴϰϵϮ
ǀĂůƵƚĂƚŽĐŽŶϭϳͲϲͲϰ
ǀĂůƵƚĂƚŽĐŽŶϭϳͲϲͲϳ
ϭ ůĞĂƐŝŶŐhŶŝĐƌĞĚŝƚ>ĞĂƐŝŶŐĐŽŶƚŶ͘>/ϵϲϮϴϭϮ
ϭ ůĞĂƐŝŶŐhŶŝĐƌĞĚŝƚ>ĞĂƐŝŶŐĐŽŶƚŶ͘>/ϵϲϮϴϭϮ
ǀĂůƵƚĂƚŽĐŽŶϭϳͲϲͲϭ
ϰϵ͘ϵϬϬ͕ϬϬ
^dZEK/&//Kϭϱ^d/Z/KE^h
ϭϱ
ϭϱ
ϭϱ
ϭϱ
^dZEK
^dZEK
^dZEK
^dZEK
ƉŽůŝǀĂůĞŶƚĞWŽůŝƐŽĨƚŵŽĚĞůůŽϮϬϬϬůƚ
ƉŽůŝǀĂůĞŶƚĞWŽůŝƐŽĨƚŵŽĚĞůůŽϮϬϬϬůƚ
ƉŽůŝǀĂůĞŶƚĞWŽůŝƐŽĨƚŵŽĚĞůůŽϮϬϬϬůƚ
ƉŽůŝǀĂůĞŶƚĞWŽůŝƐŽĨƚŵŽĚĞůůŽϮϬϬϬůƚ
ϭͬ
ϭͬ
ϭͬ
ϭͬ&
ϮϬϯϬϵϳϭϳ
ϮϬϯϬϰϵϱϭϰ
ϮϬϯϬϰϵϱϭϯ
ϮϬϯϬϵϬϳϭϵ
ǀĂůƵƚĂƚŽĐŽŶϭϱďͲĞƐƚĞƌŶŽϭͬď
ǀĂůƵƚĂƚŽĐŽŶϭϱďͲĞƐƚĞƌŶŽϭͬď
^dZEKϭϱ
ϭϱ
ϭϱ
^dZEK
^dZEK
ϱϵ ŽŵƉƌĞƐƐŽƌĞĂƌŝĂdKŵŽĚ͘^ϱϬ/sZϭϬďĂƌ
ϲϭ ƐƐŝĐĂƚŽƌĞĂƌŝĂĐŽŵƉƌĞƐƐĂdKyϳϳ
/ϮϱϵϴϱϬ
/Ϯϱϳϭϳϵ
/&//Kϭϳ>sKZ/KE'ZE'Zddh''/dKKE&/KEDEdK'ZE
ZWZKh/KE'Zddh'/dK
>ŝŶĞĂDϰ
ϭϳ
ϭϳ
ϭϳ
ϭϳ
ϭϳ
'ƌĂƚƚƵŐŝĂĂǀĞĐĐŚŝ,WϮϬ
EĂƐƚƌŽƚƌĂƐƉŽƌƚĂƚŽƌĞ
ƐƉŝƌĂƚŽƌĞ&Z
DĞƚĂůĚĞƚĞĐƚŽƌWƌŝƐŵĂĐŽŶŶĂƐƚƌŽƚƌĂƐƉŽƌƚĂƚŽƌĞ
WĞƐĂWƌŝƐŵĂƉŝĂƚƚŽĚŝŶĂŵŝĐŽ
ϭϱϵ͘ϮϬ͘ϬϬ
ϮϬϬϳ
ϭϱϮ͘Ϭϳ͘ϬϬ
ϬϰϱϭϱϬϯͬϬϰϱϭϱϬϮ
ϰϱϭϱϬϭ
ϮϬϬϳ
ϮϬϬϳ
ϮϬϬϳ
ϲ
ϲ
ϲ
ϭϱ ƐƉŝƌĂƚŽƌĞ&Z
ϭϴ DĞƚĂůĚĞƚĞĐƚŽƌWƌŝƐŵĂĐŽŶŶĂƐƚƌŽƚƌĂƐƉŽƌƚĂƚŽƌĞ
ϭϵ WĞƐĂWƌŝƐŵĂ
ϬϰϱϭϲϬϮͬϬϰϱϭϲϬϯ
ϰϱϭϲϬϭ
ϲ
ϲ
Ϯϯ 'ƌĂƚƚƵŐŝĂĂǀĞĐĐŚŝ,WϮϬ
Ϯϰ EĂƐƚƌŽƚƌĂƐƉŽƌƚĂƚŽƌĞ
ϲ
ϲ
ϲ
ϲ
ϲ
ϭ
Ϯ
ϰ
ϳ
ϴ
ϱ͘ϰϬϬ͕ϬϬ
ϭϱ͘ϳϬϬ͕ϬϬ
ϭϲ͘ϰϬϬ͕ϬϬ
ϯ͘ϯϬϬ͕ϬϬ
ϵ͘ϲϬϬ͕ϬϬ
ǀĂůƵƚĂƚŽĐŽŶϭϳͲϲͲϳ
>ŝŶĞĂDϱ
ϭϳ
ϭϳ
ϭϳ
ǀĂůƵƚĂƚŽĐŽŶϭϳͲϲͲϳ
>ŝŶĞĂ͍͍͍
ϭϳ
ϭϳ
ϭϱϴϮϬ
ϮϬϬϳ
ǀĂůƵƚĂƚŽĐŽŶϭϳͲϲͲϭ
>ŝŶĞĂDϯ;ďŽĐĐŽŶĐŝŶŝĞƐĐĂŐůŝĞͿ
ϭϳ
ϭϳ
ϭϳ
ϲ
ϲ
ϲ
ϰϵ ^ĐƌŽƐƚĂƚƌŝĐĞ'ĞůŵŝŶŝ^&W'ϭ
ϱϬ WŝĂůůĂƚƌŝĐĞ'ĞůŵŝŶŝƐƚŝĂϯ
ϱϮ dĂŐůŝĂĨŽƌŵĂ>ŽŐŝĐŽW&ϱϬϬͬϮ
ϭϳϲϳ
ϭϳϰϬ
ϰϮ͘Ϭϭ͘Ϭϳ
ϮϬϬϳ
ϮϬϬϳ
ϮϬϬϳ
ϭ ůĞĂƐŝŶŐhŶŝĐƌĞĚŝƚ>ĞĂƐŝŶŐĐŽŶƚŶ͘>/ϵϲϱϱϳϳ
ϭ ůĞĂƐŝŶŐhŶŝĐƌĞĚŝƚ>ĞĂƐŝŶŐĐŽŶƚŶ͘>/ϵϲϱϱϳϳ
ϭ ůĞĂƐŝŶŐhŶŝĐƌĞĚŝƚ>ĞĂƐŝŶŐĐŽŶƚŶ͘>/ϵϲϭϲϮϰ
ϭϮ
ϭϵ ^ƉĂĐĐĂŐƌĂŶĂĂƵƚŽŵĂƚŝĐĂK^
ϭϴϬϵ
ϮϬϬϳ
ϭ ůĞĂƐŝŶŐhŶŝĐƌĞĚŝƚ>ĞĂƐŝŶŐĐŽŶƚŶ͘>/ϵϳϵϱϬϳ
Ϯϴ͘ϬϬϬ͕ϬϬ
ǀĂůƵƚĂƚŽĐŽŶϭϳͲϲͲϰϵ
ϰϮ͘ϴϬϬ͕ϬϬ
ϭϳ͘ϬϬϬ͕ϬϬ
Ϯϲ͘ϲϬϬ͕ϬϬ
>/E&hZh<h
ϭϳ
dKd>
Pagina 1
ϳϵ͘ϲϬϬ͕ϬϬ
ϯϬϴ͘ϯϱϬ͕ϬϬ
ALL. 11
ϰϴ͘ϳϬϬ͕ϬϬ
ϭϵϳ͘ϯϬϬ͕ϬϬ
&ĂůůŝŵĞŶƚŽϯϭϯͬϭϬDĞĚĞŐŚŝŶŝ^ƉĂŝŶůŝƋƵŝĚĂnjŝŽŶĞ
ŝŵŵŽďŝůĞ
ƌĞƉĂƌƚŽ ďĞŶĞ
ĞƐĐƌŝnjŝŽŶĞ
DĂƚƌŝĐŽůĂ
ŶŶŽ Y͘ƚă
ůů͘ϭϮďĞŶŝĚŝƉƌŽƉƌŝĞƚă&>>ĞĂƐŝŶŐ
EŽƚĞ
ƐƚŝŵĂŝŶƵƐŽ
ƐƚŝŵĂƐǀĞŶĚŝƚĂ
/&//KϭϱWZKh/KE'ZE͕WZKh/KEKE&/KEDEdKDK>>/&Z^,/͕'KZ'KEK>͕Z/Kdd͕hZZK͕
D^ZWKE
/&//KϭϱͲZWZdKWZKh/KEZ/Kdd
ϵ
ϭϱ
ϵ
ϭϱ
ϵ
ϭϱ
ϭϱ
ϵ
ŝŵƉŝĂŶƚŽĚŝƐƚĞƌŝůŝnjnjĂnjŝŽŶĞƉĂŶŶĂh,dĚŝƚƚĂdĞƚƌĂWĂĐŬŵŽĚĞůůŽdĞƚƌĂ
ϯϰ ^ƉŝƌĂĨĨŽ
ϬϬϲϯddWϬϬϰϬϴ
ϮϬϬϴ
ϭ ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϭϯϮϯϲ
Ͳ
Ͳ
ϭ ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϭϯϮϯϲ
ǀĂůƵƚĂƚŽĐŽŶϭϱďͲϵͲϯϰ
Ͳ
Ͳ
Ͳ
Ͳ
ϭ ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϭϯϮϯϲ
ϭ ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϭϯϮϯϲ
ǀĂůƵƚĂƚŽĐŽŶϭϱďͲϵͲϯϰ
ϮϮϲϮϱ
ϮϬϬϴ
ϭ ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϯϱϭϲϬ
/ϬϳϬϬϮϳ
/ϬϳϬϬϮϴ
ϮϬϬϳ
ϮϬϬϳ
ϭ ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϭϯϮϱϴ
ϭ ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϭϯϮϱϴ
ϴϰ͘ϵϬϬ͕ϬϬ
ϰϭ͘ϲϬϬ͕ϬϬ
ǀĂůƵƚĂƚŽĐŽŶϭϱďͲĞƐƚĞƌŶŽͲϮϱͬď
ϭ ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϭϯϮϰϲ
ϭ ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϭϯϮϰϲ
ǀĂůƵƚĂƚŽĐŽŶϭϱďͲĞƐƚĞƌŶŽͲϯϲ
ŝŵƉŝĂŶƚŽĚŝƵůƚƌĂĨŝůƚƌĂnjŝŽŶĞĂŵĞŵďƌĂŶĞƉŝĂŶĞĚŝƚƚĂdĞƚƌĂWĂĐŬĐŽŶ
ƐĞƌďĂƚŽŝŽĚŝƐƚŽĐĐĂŐŐŝŽƉĂŶŶĂŝŶĂĐĐŝĂŝŽŝŶŽdžĚĂϯϬϬϬůƚĚŝƚƚĂ'ĂŵŵĂ
ϯϲ /ŶŽdž
ƐĞƌďĂƚŽŝŽ ƐƚŽĐĐĂŐŐŝŽ ŵĂƐĐĂƌƉŽŶĞ ƉĞƌ ĐŽŶĨĞnjŝŽŶĂŵĞŶƚŽ ŝŶ ĂĐĐŝĂŝŽ ŝŶŽdž
ϯϳ ĚĂϲϬϬϬůƚĚŝƚƚĂ'ĂŵŵĂ/ŶŽdž
ϯϴ ƐŝƐƚĞŵĂĚŝĚŝƐƚƌŝďƵnjŝŽŶĞŵĂƐĐĂƌƉŽŶĞĐŽŶƐĐĂŵďŝĂƚŽƌĞƚƵďŽůĂƌĞ
ϯϭϯ͘ϬϬϬ͕ϬϬ
ϮϯϬ͘ϬϬϬ͕ϬϬ
ǀĂůƵƚĂƚŽĐŽŶϭϱďͲϵͲϯϰ
/&//KϭϱͲ>K>/ͲKZZ/K/K͕^WK'>/dK/
ϭϱ
ϭϯ ƚƌĂŶƐƉĂůůĞƚĞůĞƚƚƌŝĐŽ^ĂŵĂŐŵŽĚĞůůŽDŝĐƌŽŶ/ŶŽdž
ϭϵ͘ϱϬϬ͕ϬϬ
ϭϮ͘ϵϬϬ͕ϬϬ
^dZEKWZdEKKEEKZ
ϭϱ
ϭϱ
^dZEK
^dZEK
Ϯϱͬ ĨĨŝŽƌĂƚŽƌĞϵϬϬ
Ϯϱͬ ^ĞƌďĂƚŽŝŽϭϱϬͬD/yϵϬ͘ϬϬϬ
/DW/EdK/Z&Z/'Z/KEWZd^h/&//Kϭϱ
ϭϱ
ϭϱ
^dZEK
^dZEK
ϯϲ sĞŶƚŝůĂƚŽƌŝ>hKyŵŽĚ͘dϮϬϬϮϯϯ͘ϰ͕ƌĞĨƌŝŐĞƌĂŶƚĞZϰϬϳ
ϯϳ sĞŶƚŝůĂƚŽƌŝ>hKyŵŽĚ͘dϮϬϬϮϯϯ͘ϰ͕ƌĞĨƌŝŐĞƌĂŶƚĞZϰϬϳ
ϬyϬϳϮϮϮϮ
ϬyϬϳϮϮϮϭ
Ϯϳ͘ϴϬϬ͕ϬϬ
ϭϳ͘ϬϬϬ͕ϬϬ
/&//Kϭϳ>sKZ/KE'ZE'Zddh''/dKKE&/KEDEdK'ZE
ZWZKh/KE'Zddh'/dK
>ŝŶĞĂDϰ
ϭϳ
ϭϳ
ϲ
ϲ
ϯ sŝďƌĂƚŽƌĞƵĐĐŽůŝŶŝsWDϭϮϬϬ/y
ϱ WĞƐĂƚƌŝĐĞDƵůƚŝƚĞƐƚĂŽŵĞŬK<ϮϬ^W
ϬϳϬϳϵϴϳϳ
ϬϬϵϴ
ϮϬϬϳ
ϮϬϬϳ
ϭ ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϭϯϮϯϲ
ϭ ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϭϯϮϯϲ
ǀĂůƵƚĂƚŽĐŽŶϭϱďͲϵͲϯϰ
ϲ
ϭϲ WĞƐĂƚƌŝĐĞDƵůƚŝƚĞƐƚĂŽŵĞŬK<ϮϬ^W
ϬϬϵϵ
ϮϬϬϳ
ϭ ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϭϯϮϯϲ
ǀĂůƵƚĂƚŽĐŽŶϭϱďͲϵͲϯϰ
ϲ
Ϯϱ sŝďƌĂƚŽƌĞƵĐĐŽůŝŶŝsWDϭϮϬϬ/y
ϬϳϬϳϵϴϳϴ
ϭ ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϭϯϮϯϲ
ǀĂůƵƚĂƚŽĐŽŶϭϱďͲϵͲϯϰ
ϭϰϲϭϲϵϴ
ϭ ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϯϯϮϱϱ
ǀĂůƵƚĂƚŽĐŽŶϭϱďͲϵͲϯϰ
>ŝŶĞĂDϱ
ϭϳ
>ŝŶĞĂ͍͍͍
ϭϳ
>/EZzKs
ϭϳ
ϭϮ
ϭϰ WĞƐĂĞƚŝĐŚĞƚƚĂƚƌŝĐĞŝnjĞƌďĂ'^
ϭϬ͘ϰϬϬ͕ϬϬ
ϰ͘ϲϬϬ͕ϬϬ
Dh>dd/D/dZ͘/͘
Dd/
Dd/
ϭ dƌĂŶƐƉĂůůĞƚĞůĞƚƚƌŝĐŽ^D'D/ZKE/EKyĐŽŶĐĂƌŝĐĂďĂƚƚĞƌŝĂ
ϱ dƌĂŶƐƉĂůůĞƚƐŽůůĞǀĂƚŽƌĞĞůĞƚƚƌŝĐŽ^D''K/EKyĐŽŶĐĂƌŝĐĂďĂƚƚĞƌŝĂ
ϮϮϲϮϰ
ϮϮϲϯϰ
ϮϬϬϴ
ϮϬϬϴ
ϭ ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϯϱϭϲϬ
ϭ ůĞĂƐŝŶŐĞŶƚƌŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϱϯϱϭϲϬ
dKd>
Pagina 1
ǀĂůƵƚĂƚŽĐŽŶϭϱďͲĐͲϭϯ
ǀĂůƵƚĂƚŽĐŽŶϭϱďͲĐͲϭϯ
ϰϱϱ͘ϲϬϬ͕ϬϬ
ϯϬϲ͘ϭϬϬ͕ϬϬ
ALL. 12
&ĂůůŝŵĞŶƚŽϯϭϯͬϭϬDĞĚĞŐŚŝŶŝ^ƉĂŝŶůŝƋƵŝĚĂnjŝŽŶĞ
/ŶǀĞŶƚĂƌŝŽŝŵƉŝĂŶƚŝ͕ŵĂĐĐŚŝŶĂƌŝĞĂƚƚƌĞnjnjĂƚƵƌĞ
ŝŵŵŽďŝůĞ
ƌĞƉĂƌƚŽ ďĞŶĞ
ĞƐĐƌŝnjŝŽŶĞ
ůů͘ϭϯďĞŶŝĚŝƉƌŽƉƌŝĞƚă^ĞůŵĂďŝƉŝĞŵŵĞ>ĞĂƐŝŶŐ
DĂƚƌŝĐŽůĂ
ŶŶŽ Y͘ƚă
EŽƚĞ
ƐƚŝŵĂŝŶƵƐŽ
ƐƚŝŵĂƐǀĞŶĚŝƚĂ
/&//KϭϱWZKh/KE'ZE͕WZKh/KEKE&/KEDEdKDK>>/&Z^,/͕'KZ'KEK>͕Z/Kdd͕hZZK͕
D^ZWKE
/&//KϭϱͲZWZdKWZKh/KEhZZK
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϰ
ϰ
ϰ
ϰ
ϰ
ϭͬ ĨŽƌŵĂƚƌŝĐĞĚŝƐĐĂƚŽůĞĚŝƚƚĂ/ŵĞĐWĂĐŬĂŐŝŶŐŵŽĚĞůůŽ&ůĞdžŝ&ŽƌŵĞƌ
ϭͬ ŶĂƐƚƌŽƚƌĂƐƉŽƌƚĂƚŽƌĞ
ϭͬ ĨŽƌŵĂƐĂĐĐŚĞƚƚŝĚŝƚƚĂKŬŵŽĚĞůůŽ^>ϮϮϬ
ϬϴϮϴϬϬϳ
Ͳ
ϰϱϲ
ϮϬϬϵ
Ͳ
ϮϬϬϴ
ϭ ůĞĂƐŝŶŐ^ĞůŵĂďŝƉŝĞŵŵĞĐŽŶƚŶ͘ϯϬϭϭϵϵϲϬ
ϭ ůĞĂƐŝŶŐ^ĞůŵĂďŝƉŝĞŵŵĞĐŽŶƚŶ͘ϯϬϭϭϵϵϲϬ
ϭ ůĞĂƐŝŶŐ^ĞůŵĂďŝƉŝĞŵŵĞĐŽŶƚŶ͘ϯϬϭϭϵϵϲϬ
ϵϳ͘ϯϬϬ͕ϬϬ
ǀĂůƵƚĂƚŽĐŽŶϭϱďͲϰͲϭͬĂ
ǀĂůƵƚĂƚŽĐŽŶϭϱďͲϰͲϭͬĂ
ϭͬ' ĐŚŝƵĚŝƐĐĂƚŽůĂĐŽŶŶĂƐƚƌĂƚƌŝĐĞĚŝƚƚĂ/ŵĞĐWĂĐŬĂŐŝŶŐŵŽĚĞůůŽ&ůĞdžŝůŽƐĞƌ
ϬϴϮϴϬϬϳϬϵ
ϮϬϬϴ
ϭ ůĞĂƐŝŶŐ^ĞůŵĂďŝƉŝĞŵŵĞĐŽŶƚŶ͘ϯϬϭϭϵϵϲϬ
ǀĂůƵƚĂƚŽĐŽŶϭϱďͲϰͲϭͬĂ
ϭͬ, ƉĂůůĞƚƚŝnjnjĂƚŽƌĞĐŽŶƌƵůůŝĞƌĂĚŝƚƚĂ/ŵĞĐWĂĐŬĂŐŝŶŐŵŽĚĞůůŽDŝŶŝƉĂůů
ϬϴϮϴϬϬϳϭϮ
ϮϬϬϴ
ϭ ůĞĂƐŝŶŐ^ĞůŵĂďŝƉŝĞŵŵĞĐŽŶƚŶ͘ϯϬϭϭϵϵϲϬ
ǀĂůƵƚĂƚŽĐŽŶϭϱďͲϰͲϭͬĂ
ϵϳ͘ϯϬϬ͕ϬϬ
dKd>
Pagina 1
ALL. 13
ϲϳ͘ϱϬϬ͕ϬϬ
ϲϳ͘ϱϬϬ͕ϬϬ
!"#$% ŝŵŵŽďŝůĞ
ƌĞƉĂƌƚŽ ďĞŶĞ
ĞƐĐƌŝnjŝŽŶĞ
DĂƚƌŝĐŽůĂ
ŶŶŽ Y͘ƚă
ůů͘ϭϰďĞŶŝĚŝƉƌŽƉƌŝĞƚăh/>ĞĂƐŝŶŐ
EŽƚĞ
ƐƚŝŵĂŝŶƵƐŽ
ƐƚŝŵĂƐǀĞŶĚŝƚĂ
/&//KϭϱWZKh/KE'ZE͕WZKh/KEKE&/KEDEdKDK>>/&Z^,/͕'KZ'KEK>͕Z/Kdd͕hZZK͕
D^ZWKE
/&//KϭϱͲZWZdKWZKh/KEhZZK
ϭϱ
ϭϱ
ϭϱ
ϰ
ϰ
ϰ
ϭͬ ĚŽƐƚĂƌŝĐĞďƵƌƌŽĚŝƚƚĂ^ŝŵŽŶŵŽĚĞůůŽ^ŝŵƉůLJ^ƚŽŬ^ǀϮ
ϭͬ ƐƚĂnjŝŽŶĞĚŝĐŽŶƚƌŽŽůůŽƉĞƐŽĞĚŽƐĂŐŐŝŽŵŽĚĞůůŽ^ĂƌƚŽƌŝƵƐ
ϭͬ& ĐŚŝƵĚŝƐĂĐĐŽĚŝƚƚĂ^ŝŵŽŶ
ϴϴ
tϭ^ϭͲϯϬ&Ͳ>
Ͳ
ϮϬϬϴ
ϮϬϬϴ
Ͳ
ϭ ůĞĂƐŝŶŐh/ĐŽŶƚŶ͘ϮϯϲϬϲϯϴ
ϭ ůĞĂƐŝŶŐh/ĐŽŶƚŶ͘ϮϯϲϬϲϯϴ
ϭ ůĞĂƐŝŶŐh/ĐŽŶƚŶ͘ϮϯϲϬϲϯϴ
ǀĂůƵƚĂƚŽĐŽŶϭϱďͲϰͲϭͬĚ
ǀĂůƵƚĂƚŽĐŽŶϭϱďͲϰͲϭͬĚ
ϮϬϬϴ
ϭ ůĞĂƐŝŶŐh/ĐŽŶƚŶ͘ϮϯϲϬϲϮϴ
ϭϱϬ͘ϬϬϬ͕ϬϬ
ϭϯϯ͘ϱϲϬ͕ϬϬ
Ϯϲ͘ϱϬϬ͕ϬϬ
/&//Kϭϳ>sKZ/KE'ZE'Zddh''/dKKE&/KEDEdK'ZE
ZWZKh/KE'Zddh'/dK
>ŝŶĞĂDϰ
ϭϳ
ϲ
ϵ /ŶƐĐĂƚŽůĂƚƌŝĐĞdŝďĞƌƉĂĐŬtZͬ^Ͳ
ϰϳtϳͬϭϬϳ
ϲ
ϮϬ /ŶƐĐĂƚŽůĂƚƌŝĐĞdŝďĞƌƉĂĐŬtZͬ^Ͳ
ϰϳtϳͬϭϬϴ
ϲ
ϲ
Ϯϳ WĞƐĂƚƌŝĐĞDƵůƚŝƚĞƐƚĂŽŵĞŬ<Ϯϰ^d
ϯϭ /ŶƐĐĂƚŽůĂƚƌŝĐĞdŝďĞƌƉĂĐŬ
ϭϯϰ
ϰϳtϳͬϭϭϬ
ϵϵ͘ϬϬϬ͕ϬϬ
>ŝŶĞĂDϱ
ϭϳ
ϭ ůĞĂƐŝŶŐh/ĐŽŶƚŶ͘ϮϯϲϬϲϮϴ
ǀĂůƵƚĂƚŽĐŽŶϭϳͲϲͲϵ
>ŝŶĞĂ͍͍͍
ϭϳ
ϭϳ
ϮϬϬϴ
ϮϬϬϴ
ϭ ůĞĂƐŝŶŐh/ĐŽŶƚŶ͘Ϯϯϲϭϴϭϯ
ϭ ůĞĂƐŝŶŐh/ĐŽŶƚŶ͘ϮϯϲϭϳϴϬ
ϰϯ͘ϱϬϬ͕ϬϬ
Ϯϴ͘ϴϬϬ͕ϬϬ
ϴϯ͘ϬϬϬ͕ϬϬ
ϱϰ͘ϵϬϬ͕ϬϬ
ϳ͘ϲϬϬ͕ϬϬ
ϳ͘ϲϬϬ͕ϬϬ
Ϯϳ͘ϳϬϬ͕ϬϬ
ϭϴ͘ϯϬϬ͕ϬϬ
ϭϳͲWK^/dKZdKE/WZKss/^KZ/K
ϭϳ
DĂĐĐŚŝĂŶĂ ĞƐƚƌĂƚƚŽƌĞ ĐƵŽƌŝ ĨŽƌŵĂ ŐƌĂŶĂ ĚŝƚƚĂ '>D/E/ ; ĨƵƐƚĞůůĂƚƌŝĐĞ
Ϯ E/<Ϳ
ϭ ůĞĂƐŝŶŐhĐŽŶƚŶ͘ϰϰϮϴϰ
WEEKEϭϵ/EdZEK
ϭϵ
ϰ sĂƐĐŚĞƉĞƌƐĂůŝŶĞƉĞƌƐĂůĂŵŽŝĂŐƌĂŶĂŝŶƌĞƐŝŶĂϲϬϬdžϭϮϱdžϭϭϬ
Ϯϰ ůĞĂƐŝŶŐh/ĐŽŶƚŶ͘ϮϯϱϵϬϭϮ
dKd>
Pagina 1
ALL. 14
&ĂůůŝŵĞŶƚŽϯϭϯͬϭϬDĞĚĞŐŚŝŶŝ^ƉĂŝŶůŝƋƵŝĚĂnjŝŽŶĞ
ŝŵŵŽďŝůĞ
ƌĞƉĂƌƚŽ ďĞŶĞ
ĞƐĐƌŝnjŝŽŶĞ
DĂƚƌŝĐŽůĂ
ŶŶŽ Y͘ƚă
ůů͘ϭϱďĞŶŝĚŝƉƌƉƌŝĞƚă>ĞĂƐŝŶƚ
EŽƚĞ
ƐƚŝŵĂŝŶƵƐŽ
ƐƚŝŵĂƐǀĞŶĚŝƚĂ
/&//KϭϱWZKh/KE'ZE͕WZKh/KEKE&/KEDEdKDK>>/&Z^,/͕'KZ'KEK>͕Z/Kdd͕hZZK͕
D^ZWKE
/&//KϭϱͲZWZdKWZKh/KEhZZK
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϭϱ
ϱͬ ƉĂŶĞƚƚĂƚƌŝĐĞĚŝƚƚĂŝŶŐsĞnjnjĂĚŝŶŝŵŽĚĞůůŽW<ϭϮ
ĐŽŶŝŶĐŽůůĂƚŽƌĞWƌĞŽĐůŝƐƐŵŽĚĞůůŽϱdZϮ
ϱͬ ĐŽŶƚƌŽůůŽƉĞƐŽĚŝƚƚĂWƌŝƐŵĂŵŽĚĞůůŽϬϴϯ
ŝŶĐĂƌƚŽŶĂƚƌŝĐĞĂƵƚŽŵĂƚŝĐĂĐŽŶĨŽƌŵĂƚŽƌĞĐĂƌƚŽŶĞĚŝƚƚĂŝŶŐsĞnjnjĂĚŝŶŝ
ϱͬ ŵŽĚĞůůŽ^ϵ
ĐŽŶŝŶĐŽůůĂƚƌŽĞWƌĞŽĐůŝƐƐŵŽĚĞůůŽϱdZϮ
ϰ
ϰ
ϰ
ϰ
ϰ
ϭϯϮϵ
ϵϬϳϮϬϭϳ
ϰϬϯϵϬϮ
ϮϬϬϱ
ϮϬϬϱ
ϮϬϬϱ
ϭ ůĞĂƐŝŶŐ>ĞĂƐŝŶƚĐŽŶƚ͘E͘ϴϯϳϵϲϮ
ϭ ůĞĂƐŝŶŐ>ĞĂƐŝŶƚĐŽŶƚ͘E͘ϴϯϳϵϲϮ
ϭ ůĞĂƐŝŶŐ>ĞĂƐŝŶƚĐŽŶƚ͘E͘ϴϯϳϵϲϮ
ǀĂůƵƚĂƚŽĐŽŶϭϱďͲϰͲϱͬĂ
ǀĂůƵƚĂƚŽĐŽŶϭϱďͲϰͲϱͬĂ
Ϭϰϯ
ϴϬϱϭϲϱϵ
ϮϬϬϱ
ϮϬϬϰ
ϭ ůĞĂƐŝŶŐ>ĞĂƐŝŶƚĐŽŶƚ͘E͘ϴϯϳϵϲϮ
ϭ ůĞĂƐŝŶŐ>ĞĂƐŝŶƚĐŽŶƚ͘E͘ϴϯϳϵϲϮ
ǀĂůƵƚĂƚŽĐŽŶϭϱďͲϰͲϱͬĂ
ǀĂůƵƚĂƚŽĐŽŶϭϱďͲϰͲϱͬĂ
ϭϭϬϲϬϬϮϱϴ
ϮϬϬϲ
ϭ ůĞĂƐŝŶŐ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϴϲϵϯϭϵ
ϭϵ͘ϮϬϬ͕ϬϬ
ϭϬ͘ϰϱϬ͕ϬϬ
Ͳ
ϮϬϬϲ
ϭ ůĞĂƐŝŶŐ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϴϲϵϯϰϬ
ϭϬϬ͘ϯϬϬ͕ϬϬ
ϰϭ͘ϬϬϬ͕ϬϬ
ϬϭϭϰϭϬϭϭϬϲ
ϮϬϬϲ
ϭ ƐƚĂŐŝŽŶĂƚƵƌĂ͕ůĞĂƐŝŶŐ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϴϲϵϯϱϳ
ϯϯ͘ϴϬϬ͕ϬϬ
ϭϴ͘ϰϬϬ͕ϬϬ
ϬϭϭϮϯϬϬϲϬϲ
ϮϬϬϲ
ϭ ƐƚĂŐŝŽŶĂƚƵƌĂ͕ůĞĂƐŝŶŐ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϴϲϵϯϱϳ
ǀĂůƵƚĂƚŽĐŽŶϭϱďͲϭϬͲϲϬ
,ϬϲϬϬϮϬ
,ϬϲϬϬϮϭ
,ϬϲϬϬϭϵ
ϮϬϬϲ
ϮϬϬϲ
ϮϬϬϲ
ϭ njŽŶĂĐĞŶƚƌĂůĞƚĞƌŵŝĐĂ͕ůĞĂƐŝŶŐ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϴϲϵϯϰϬ
ϭ njŽŶĂĐĞŶƚƌĂůĞƚĞƌŵŝĐĂ͕ůĞĂƐŝŶŐ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϴϲϵϯϰϬ
ϭ ůĞĂƐŝŶŐ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϴϲϵϯϰϬ
ǀĂůƵƚĂƚŽĐŽŶϭϱďͲĞƐƚĞƌŶŽϭϱͬĂ
ǀĂůƵƚĂƚŽĐŽŶϭϱďͲĞƐƚĞƌŶŽϭϱͬĂ
ǀĂůƵƚĂƚŽĐŽŶϭϱďͲĞƐƚĞƌŶŽϭϱͬĂ
Ͳ
Ͳ
ϭ ůĞĂƐŝŶŐ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϴϲϵϯϰϬ
ǀĂůƵƚĂƚŽĐŽŶϭϱďͲĞƐƚĞƌŶŽϭϱͬĂ
ϭϰϬϱ
ϬϱϬϯϭϵϰ
ϮϬϬϰ
ϮϬϬϱ
ϭ ůĞĂƐŝŶŐ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϴϮϱϭϬϯ
ϭ ůĞĂƐŝŶŐ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϴϯϭϬϳϬ
ϭϰϰ͘ϱϬϬ͕ϬϬ
ϴϳ͘ϰϬϬ͕ϬϬ
/&//KϭϱͲZWZdK>sKZ/KEDK>>/&Z^,/
ϭϱ
ŝŵƉŝĂŶƚŽĚŝŵŝƌĐŽĨŝůƚƌĂnjŝŽŶĞƐĂůĂŵŽŝĂĚŝƚƚĂ^ŝŵĂƌĐŽŶǀĂƐĐĂĚŝ
Ϯϲ ĂĐĐƵŵƵůŽĞƉŽůŵŽŶĞŝŶĂĐĐŝĂŝŽŝŶŽdžϯϭϲůƚ
ϯ
/&//KϭϱͲZWZdKWZKh/KE'ZE
ϭϱ
ϭ
ϭϱͬ
ƐĞƌďĂƚŽŝŽ^ŝŵĂƌŝŶĂĐĐŝĂŝŽŝŶŽdžĐĂƉĂĐŝƚăϭϬ͘ϬϬϬůƚƉĞƌƐŝĞƌŽŝŶŶĞƐƚŽ
ƉƌŽĚƵnjŝŽŶĞĚƵƌŽŝŶĚƵƐƚƌŝĂůĞ
/&//KϭϱͲZWZdKKE&/KEDEdK'KZ'KEK>D^ZWKE
ϭϱ
ϭϬ
ϭϱ
ϭϬ
ϲϬ ĨŽƌĂƚƌŝĐĞŝŶĐŽŶƚŝŶƵŽƉĞƌŐŽƌŐŽŶnjŽůĂĚŝƚƚĂĂĚƉƌŽũĞĐƚŵŽĚĞůůŽ&ϮW
ƐĂůŝŶĂƚƌŝĐĞ;ƐƉĂnjnjŽůĂƚƌŝĐĞͿŝŶĐŽŶƚŝŶƵŽƉĞƌŐŽƌŐŽŶnjŽůĂĚŝƚƚĂĂĚƉƌŽũĞĐƚ
ϲϭ ŵŽĚĞůůŽ^Ϯ
^dZEK/&//Kϭϱ^d/Z/KE^h
ϭϱ
ϭϱ
ϭϱ
^dZEK ϳͬ
^dZEK ϳͬ
^dZEK ϴͬ
ϭϱ
^dZEK
ƐĞƌďĂƚŽŝŽd<ϯϬϮĚŝƚƚĂ^ŝŵĂƌϭϬϬ͘ϬϬϬůƚ
ƐĞƌďĂƚŽŝŽd<ϯϬϭĚŝƚƚĂ^ŝŵĂƌϭϬϬ͘ϬϬϬůƚ
ƐĞƌďĂƚŽŝŽd<ϯϬϯĚŝƚƚĂ^ŝŵĂƌϮϬϬ͘ϬϬϬůƚ
ŝŵƉŝĂŶƚŽ/W;ƉĞƌƐĞƌďĂƚŽŝƐŝĞƌŽ͕ŵĂŐƌŽ͕ĐŽŶĐĞŶƚƌĂƚŽĞĚĂƵƚŽďŽƚƚŝͿĐŽŶ
ϭϬ ϯƐĞƌďĂƚŽŝĚŝƚƚĂ^ŝŵĂƌ͕ƐĐĂŵďŝĂƚŽƌĞĚŝĐĂůŽƌĞĞƉŽŵƉĞĚŝŵĂŶĚĂƚĂ
/&//Kϭϳ>sKZ/KE'ZE'Zddh''/dKKE&/KEDEdK'ZE
ZWZKh/KE'Zddh'/dK
dĞƌŵŽĨŽƌŵĂƚƌŝĐĞ
ϭϳ
ϭϳ
ϲ
ϲ
ϴϰ WŝĂůůĂƚƌŝĐĞ'ĞůŵŝŶŝƐƚŝĂϮ
ϴϴ &ŽƌŵĂƚƌŝĐĞsĂƐĐŚĞƚƚĂdĞĐŚŶŽƐLJƐƚĞŵ
dKd>
Pagina 1
ϭϭ͘ϲϬϬ͕ϬϬ
ϯ͘ϵϬϬ͕ϬϬ
ϱϳ͘ϴϬϬ͕ϬϬ
ϯϲϳ͘ϮϬϬ͕ϬϬ
ϭϳ͘ϱϬϬ͕ϬϬ
ϭϳϴ͘ϲϱϬ͕ϬϬ
ALL. 15
!"#$
ŝŵŵŽďŝůĞ
ƌĞƉĂƌƚŽ ďĞŶĞ
ĞƐĐƌŝnjŝŽŶĞ
DĂƚƌŝĐŽůĂ
ŶŶŽ Y͘ƚă
ůů͘ϭϲďĞŶŝĚŝƉƌŽƉƌŝĞƚăƌĞĚŝƚŐƌŝĐŽůĞůĞĂƐŝŶŐ
EŽƚĞ
ƐƚŝŵĂŝŶƵƐŽ
ƐƚŝŵĂƐǀĞŶĚŝƚĂ
/&//KϭϱWZKh/KE'ZE͕WZKh/KEKE&/KEDEdKDK>>/&Z^,/͕'KZ'KEK>͕Z/Kdd͕hZZK͕
D^ZWKE
/&//KϭϱͲZWZdKK^DK^/
ϭϱ
ϭϭ
ŝŵƉŝĂŶƚŽŽƐŵŽƐŝĚŝƚƚĂWĂŵĞŵďƌĂŶĞƉĞƌĐŽŶĐĞŶƚƌĂnjŝŽŶĞƐŝĞƌŽ
Ϯ ϱϬϬϬϬůƚͬŚ;ŝŶĐŽŵƉůĞƚŽͿ
Ͳ
Ͳ
ϭ ůĞĂƐŝŶŐƌĞĚŝƚŐƌŝĐŽůĞĐŽŶƚŶ͘ϴϳϵϯϳϯ
ϭϲϱ͘ϯϬϬ͕ϬϬ
ϴϭ͘ϬϬϬ͕ϬϬ
ϮϬϰ͘ϬϬϬ͕ϬϬ
ϭϮϱ͘ϬϬϬ͕ϬϬ
/&//Kϭϳ>sKZ/KE'ZE'Zddh''/dKKE&/KEDEdK'ZE
ZWZKh/KE'Zddh'/dK
>ŝŶĞĂDϰ
ϭϳ
ϲ
ϲ ŽŶĨĞnjŝŽŶĂƚƌŝĐĞDĞƐƉĂĐŬ,ϮϲϬ&
ϵϬϬϬϯϮͬϮϲϯϬϭϲ
ϮϬϬϳ
ϭ ůĞĂƐŝŶŐƌĞĚŝƚŐƌŝĐŽůĞĐŽŶƚŶ͘ϴϴϰϰϰϵ
ϲ
ϭϳ ŽŶĨĞnjŝŽŶĂƚƌŝĐĞDĞƐƉĂĐŬ,ϮϲϬ&
ϵϬϬ͘ϬϯϯͬϮϲϯ͘Ϭϭϳ
ϮϬϬϳ
ϭ ůĞĂƐŝŶŐƌĞĚŝƚŐƌŝĐŽůĞĐŽŶƚŶ͘ϴϴϰϰϰϵ
>ŝŶĞĂDϱ
ϭϳ
dKd>
Pagina 1
ǀĂůƵƚĂƚŽĐŽŶϭϳͲϲͲϲ
ALL. 16
!"#$
ŝŵŵŽďŝůĞ
ƌĞƉĂƌƚŽ ďĞŶĞ
ĞƐĐƌŝnjŝŽŶĞ
DĂƚƌŝĐŽůĂ
ŶŶŽ Y͘ƚă
ůů͘ϭϳďĞŶŝĚŝƉƌŽƉƌŝĞƚăWĂůůĂĚŝŽůĞĂƐŝŶŐ
EŽƚĞ
ƐƚŝŵĂŝŶƵƐŽ
ƐƚŝŵĂƐǀĞŶĚŝƚĂ
/&//KϭϱWZKh/KE'ZE͕WZKh/KEKE&/KEDEdKDK>>/&Z^,/͕'KZ'KEK>͕Z/Kdd͕hZZK͕
D^ZWKE
^dZEK/&//Kϭϱ^d/Z/KE^h
ϭϱ
ϭϱ
ϭϱ
^dZEK ϳͬ
^dZEK ϳͬ
^dZEK ϳͬ&
ƐĞƌďĂƚŽŝŽdŬϯϬϴĚŝƚƚĂ^ŝŵĂƌϮϬϬ͘ϬϬϬůƚ
ƐĞƌďĂƚŽŝŽd<ϯϬϵĚŝƚƚĂ^ŝŵĂƌϮϬϬ͘ϬϬϬůƚ
ƐĞƌďĂƚŽŝŽd<ϯϭϬĚŝƚƚĂ^ŝŵĂƌϮϬϬ͘ϬϬϬůƚ
/ϬϳϬϬϬϱ
/ϬϳϬϬϬϲ
/ϬϳϬϬϬϰ
ϮϬϬϳ
ϮϬϬϳ
ϮϬϬϳ
ϭ njŽŶĂĐĞŶƚƌĂůĞƚĞƌŵŝĐĂ͕ůĞĂƐŝŶŐWĂůĂůĚŝŽĐŽŶƚŶ͘ϳϳϳϯϲϭϵ
ϭ njŽŶĂĐĞŶƚƌĂůĞƚĞƌŵŝĐĂ͕ůĞĂƐŝŶŐWĂůĂůĚŝŽĐŽŶƚŶ͘ϳϳϳϯϲϭϵ
ϭ njŽŶĂĐĞŶƚƌĂůĞƚĞƌŵŝĐĂ͕ůĞĂƐŝŶŐWĂůĂůĚŝŽĐŽŶƚŶ͘ϳϳϳϯϲϭϵ
ǀĂůƵƚĂƚŽĐŽŶϭϱďͲĞƐƚĞƌŶŽͲϳͬĚ
ǀĂůƵƚĂƚŽĐŽŶϭϱďͲĞƐƚĞƌŶŽͲϳͬĚ
ϮϬϬϳ
ϭ >ĞĂƐŝŶŐWĂůůĂĚŝŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϳϳϳϯϲϭϴ
ϭ >ĞĂƐŝŶŐWĂůůĂĚŝŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϳϳϳϯϲϭϴ
ǀĂůƵƚĂƚŽĐŽŶϭϳͲϭϰͲϭϯ
ϳϲ͘ϳϬϬ͕ϬϬ
ϯϳ͘ϲϬϬ͕ϬϬ
/&//Kϭϳ>sKZ/KE'ZE'Zddh''/dKKE&/KEDEdK'ZE
ZWZKh/KE'Zddh'/dK
>/E^WK>dhZϭ
ϭϳ
ϭϳ
ϭϰ
ϭϰ
ϭϯ ZĂƐĐŚŝĂƚƌŝĐĞ'ƌĂŶĂ'ĞůŵŝŶŝZ&'ĂƐƐŝ
ϭϲ ZƵůůŝĞƌĂ'ĞůŵŝŶŝ
ϭϳϵϯ
ϭϴ ZĂƐĐŚŝĂƚƌŝĐĞ'ƌĂŶĂ'ĞůŵŝŶŝZ&'ĂƐƐŝ
Ϯϭ ZƵůůŝĞƌĂ'ĞůŵŝŶŝ
Ϯϴ ZƵůůŝĞƌĂ
ϭϲϰϱ
ϰϱ͘ϳϬϬ͕ϬϬ
Ϯϴ͘ϬϬϬ͕ϬϬ
>/E^WK>dhZϮ
ϭϳ
ϭϳ
ϭϳ
ϭϰ
ϭϰ
ϭϰ
ϮϬϬϲ
ϭ >ĞĂƐŝŶŐWĂůůĂĚŝŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϳϳϲϱϵϲϯ
ϭ >ĞĂƐŝŶŐWĂůůĂĚŝŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϳϳϳϯϲϭϴ
Ϯ >ĞĂƐŝŶŐWĂůůĂĚŝŽ>ĞĂƐŝŶŐĐŽŶƚŶ͘ϳϳϳϯϲϭϴ
dKd>
Pagina 1
ϯϲ͘ϰϬϬ͕ϬϬ
ǀĂůƵƚĂƚŽĐŽŶϭϳͲϭϰͲϭϯ
ǀĂůƵƚĂƚŽĐŽŶϭϳͲϭϰͲϭϯ
ALL. 17
ϭϵ͘ϴϬϬ͕ϬϬ
&ĂůůŝŵĞŶƚŽϯϭϯͬϭϬDĞĚĞŐŚŝŶŝ^ƉĂŝŶůŝƋƵŝĚĂnjŝŽŶĞ
ŝŵŵŽďŝůĞ
ƌĞƉĂƌƚŽ ďĞŶĞ
ĞƐĐƌŝnjŝŽŶĞ
DĂƚƌŝĐŽůĂ
ŶŶŽ Y͘ƚă
ůů͘ϭϴďĞŶŝĚŝƉƌŽƉƌŝĞƚă^ĂƌĚĂůĞĂƐŝŶŐ
EŽƚĞ
ƐƚŝŵĂŝŶƵƐŽ
ƐƚŝŵĂƐǀĞŶĚŝƚĂ
/&//Kϭϳ>sKZ/KE'ZE'Zddh''/dKKE&/KEDEdK'ZE
ZWZKh/KE'Zddh'/dK
>ŝŶĞĂ͍͍͍
ϭϳ
ϲ
Ϯϴ ŽŶĨĞnjŝŽŶĂƚƌŝĐĞ
ϵϬϬϬϯϰͬϮϲϯϬϭϴ
Pagina 1
ϮϬϬϴ
ϭ ůĞĂƐŝŶŐ^ĂƌĚĂůĞĂƐŝŶŐĐŽŶƚŶ͘ϭϮϵϲϬϱ
ϭϭϭ͘ϬϬϬ͕ϬϬ
ALL. 18
ϳϯ͘ϱϬϬ͕ϬϬ
!"#$% ŝŵŵŽďŝůĞ
ƌĞƉĂƌƚŽ ďĞŶĞ
ĞƐĐƌŝnjŝŽŶĞ
DĂƚƌŝĐŽůĂ
ŶŶŽ Y͘ƚă
ůů͘ϭϵďĞŶŝĚŝƉƌŽƉƌŝĞƚă&ŽƌƚŝƐ>ĞĂƐĞ
EŽƚĞ
ƐƚŝŵĂŝŶƵƐŽ
ƐƚŝŵĂƐǀĞŶĚŝƚĂ
/&//Kϭϳ>sKZ/KE'ZE'Zddh''/dKKE&/KEDEdK'ZE
ZWZKh/KE'Zddh'/dK
>ŝŶĞĂ͍͍͍
ϭϳ
ϲ
ϯϱ ZŽďŽƚƉĂůůĞƚƚŝnjnjĂƚŽƌĞ<ƵŬĂhŶŝĐŽĐŽŶŶĂƐƚƌŝ͕ƌƵůůŝĞƌĞĞďĂƌƌŝĞƌĞ
ϴϬϭϰ
ϮϬϬϴ
ϭ ůĞĂƐŝŶŐ&ŽƌƚŝƐ>ĞĂƐĞĐŽŶƚŶ͘Ϯϲϵϰϲ
ϵϱ͘ϴϬϬ͕ϬϬ
ϲϲ͘ϱϬϬ͕ϬϬ
ϭ ůĞĂƐŝŶŐ&ŽƌƚŝƐ>ĞĂƐĞĐŽŶƚŶ͘ϮϳϬϵϬ
ϭϮϭ͘ϬϬϬ͕ϬϬ
ϴϰ͘ϬϬϬ͕ϬϬ
D'/EK'ZE;>s''/K^WK>dhZͿ
ϭϳ
ϭϰ
ϱ /ŵƉŝĂŶƚŽĂƵƚŽŵĂƚŝĐŽůĂǀĂĨŽƌŵĞŽůƵƐƐŝ
dKd>
Pagina 1
ALL. 19
&ĂůůŝŵĞŶƚŽϯϭϯͬϭϬDĞĚĞŐŚŝŶŝ^ƉĂŝŶůŝƋƵŝĚĂnjŝŽŶĞ
ŝŵŵŽďŝůĞ
ƌĞƉĂƌƚŽ ďĞŶĞ
ĞƐĐƌŝnjŝŽŶĞ
DĂƚƌŝĐŽůĂ
ŶŶŽ Y͘ƚă
ůů͘ϮϬďĞŶŝĚŝƉƌŽƉƌŝĞƚă>ŽĐĂĨŝƚEWůĞĂƐŝŶŐ
EŽƚĞ
ƐƚŝŵĂŝŶƵƐŽ
ƐƚŝŵĂƐǀĞŶĚŝƚĂ
/&//Kϭϳ>sKZ/KE'ZE'Zddh''/dKKE&/KEDEdK'ZE
ZWZKh/KE'Zddh'/dK
ϭϳ
ϲ
ŽŶĨĞnjŝŽŶĂƚƌŝĐĞhŶŝǀĞƌƐĂůWĂĐŬDDĞ^ϰhнh͕ĐŽŶƐƚƌƵƚƚƵƌĂ
ϲϳ ŵĞƚĂůůŝĐĂĞŵĞƚĂůĚĞƚĞĐƚŽƌ
ϬϴZϬϯ/d
Pagina 1
ϮϬϬϴ
ϭ ůĞĂƐŝŶŐ>ŽĐĂĨŝƚEWĐŽŶƚŶ͘Yϭϵϵϵϴ
ϲϯ͘ϮϬϬ͕ϬϬ
ALL. 20
ϰϭ͘ϴϬϬ͕ϬϬ
&ĂůůŝŵĞŶƚŽϯϭϯͬϭϬDĞĚĞŐŚŝŶŝ^ƉĂŝŶůŝƋƵŝĚĂnjŝŽŶĞ
ŝŵŵŽďŝůĞ
ƌĞƉĂƌƚŽ ďĞŶĞ
ĞƐĐƌŝnjŝŽŶĞ
DĂƚƌŝĐŽůĂ
ŶŶŽ Y͘ƚă
ůů͘ϮϭďĞŶŝĚŝƉƌŽƉƌŝĞƚă^'>ĞĂƐŝŶŐ
EŽƚĞ
ƐƚŝŵĂŝŶƵƐŽ
ƐƚŝŵĂƐǀĞŶĚŝƚĂ
/&//Kϭϳ>sKZ/KE'ZE'Zddh''/dKKE&/KEDEdK'ZE
dddKϭϳ
ϭϳ
dĞƚƚŽ
'ƌƵƉƉŽ ĂĐƋƵĂ ƌĞĨƌŝŐĞƌĂƚĂ Z 'ZKhW ƉĞƌ ƵŶŝƚă ƚƌĂƚƚĂŵĞŶƚŽ ĂƌŝĂ͗ ƵŶŝƚă
ϭ '>/ZŵŽĚ͘ϯϴϬ͘sϮ͘zϮ
ϭϳ
dĞƚƚŽ
Ϯ 'ƌƵƉƉŽĨƌŝŐŽ>/sdƉĞƌŵĂŐĂnjnjŝŶŽďŽďŝŶĞD^EϭϰϮŐĂƐZϰϬϳ
ϭϳ
dĞƚƚŽ
ϭϳ
dĞƚƚŽ
ϭϳ
dĞƚƚŽ
ϯ 'ƌƵƉƉŽĨƌŝŐŽƉĞƌĐĞůůĂŐƌĂƚƚƵŐŐŝĂƚŽ^D&Z/'KŵŽĚ͘^WϮdžϮϬϬDdͬ^
hd ƉĞƌ ĂƌĞĂ ďŝĂŶĐĂ ĐŽŶĨĞnj͘ 'ƌĂƚƚƵŐŐŝĂƚŽ hZK>/D ,<ϮϬϬϬ
ϰ 'ϮϰͬϮϭ
hd ƉĞƌ ĂƌĞĂ ŐƌŝŐŝĂ ĐŽŶĨĞnj͘ 'ƌĂƚƚƵŐŐŝĂƚŽ hZK>/D ,<ϮϬϬϬ
ϱ 'Ϯϭͬϭϴ
DͲϬϴͲϬϱϬϮϴ
ϮϬϬϴ
ϭ ůĞĂƐŝŶŐ^'>ĞĂƐŝŶŐĐŽŶƚŶ͘^/ϮϵϬϬϱϵ
ϮϬϬ͘ϬϬϬ͕ϬϬ
ϵϮϱϴ'ϬϬϮϴ
ϮϬϬϴ
ϭ ůĞĂƐŝŶŐ^'>ĞĂƐŝŶŐĐŽŶƚŶ͘^/ϮϵϬϬϱϵ
ǀĂůƵƚĂƚŽĐŽŶϭϳͲƚĞƚƚŽͲϭ
ϰϯϴϬ
ϮϬϬϴ
ϭ ůĞĂƐŝŶŐ^'>ĞĂƐŝŶŐĐŽŶƚŶ͘^/ϮϵϬϬϱϵ
ǀĂůƵƚĂƚŽĐŽŶϭϳͲƚĞƚƚŽͲϭ
ϬϴͲϯϬͲϭϰϬͲϬϭ
ϮϬϬϴ
ϭ ůĞĂƐŝŶŐ^'>ĞĂƐŝŶŐĐŽŶƚŶ͘^/ϮϵϬϬϱϵ
ǀĂůƵƚĂƚŽĐŽŶϭϳͲƚĞƚƚŽͲϭ
ϬϴͲϯϬͲϭϰϬͲϬϮ
ϮϬϬϴ
ϭ ůĞĂƐŝŶŐ^'>ĞĂƐŝŶŐĐŽŶƚŶ͘^/ϮϵϬϬϱϵ
ǀĂůƵƚĂƚŽĐŽŶϭϳͲƚĞƚƚŽͲϭ
Pagina 1
ALL. 21
ϭϭϵ͘ϬϬϬ͕ϬϬ
!"#$
ĞƐĐƌŝnjŝŽŶĞ
ĂŝŵůĞƌĐŚƌLJƐůĞƌD>ϯϮϬ/
ƚĂƌŐĂ
zϬϲϵ^
ŶŶŽ
ϮϬϬϱ
ůů͘ϮϮďĞŶŝĚŝƉƌŽƉƌŝĞƚă^ĂŶƚĂŶĚĞƌ>ĞĂƐŝŶŐ
EŽƚĞ
Ŭŵ
ϭϳϱϵϳϴ ĐĂŵďŝŽĂƵƚŽŵĂƚŝĐŽ
dKd>
ƐƚŝŵĂ
ϭϱ͘ϬϬϬ͕ϬϬ
ALL. 22
Pagina 1
!"#$%&"
ŝŵŵŽďŝůĞ
ƌĞƉĂƌƚŽ ďĞŶĞ
ĞƐĐƌŝnjŝŽŶĞ
DĂƚƌŝĐŽůĂ
ůů͘ϮϯďĞŶŝŝŶĐŽŵŽĚĂƚŽĚΖƵƐŽ
ŶŶŽ Y͘ƚă
EŽƚĞ
/&//KϭϱWZKh/KE'ZE͕WZKh/KEKE&/KEDEdKDK>>/&Z^,/͕'KZ'KEK>͕Z/Kdd͕hZZK͕D^ZWKE
/&//KϭϱͲZWZdKWZKh/KEZ/Kdd
ϭϱ
ϭϱ
ϵ ĐŝƐƚĞƌŶĂĚĂϭŵĐĚŝĂĐŝĚŽůĂƚƚŝĐŽ
ϭϲ ŽŵŽŐĞŝŶŝnjnjĂƚŽƌĞƌŝĐŽƚƚĂĚŝƚƚĂEŝƌŽ^ŽĂǀŝŵŽĚĞůůŽE^ϯϬϭϱ,
ϵ
ϵ
ͲͲ
ϱϳϭϮ
ϮϬϬϱ
ϭ ƉƌŽƉƌŝĞƚăĨŽƌŶŝƚŽƌĞ
ϭ ůĞĂƐŝŶŐ>ĞĂƐŝŶƚĐŽŶƚŶ͘ϴϳϯϰDĞĚĞŐŚŝŶŝ^^
ϳϴϳϬ
ϴϬϱϮ
ϮϬϬϱ
ϮϬϬϱ
ϭ ůĞĂƐŝŶŐ/ƚĂůĞĂƐĞĐŽŶƚŶ͘ϴϳϯϴDĞĚĞŐŚŝŶŝƐĂƐ
ϭ ůĞĂƐŝŶŐ/ƚĂůĞĂƐĞĐŽŶƚŶ͘ϴϳϯϴDĞĚĞŐŚŝŶŝƐĂƐ
Ͳ
Ͳ
ϭ ŶŽŶĚŝƉƌŽƉƌŝĞƚă
Ͳ
Ͳ
Ϭ ƐŽƉƉƌĞƐƐŽƉƌŽƉƌŝĞƚăĨĂůůŝŵĞŶƚŽDĞĚĞŐŚŝŶŝƐĂƐ
ϭ ŶŽŶĚŝƉƌŽƉƌŝĞƚă
ϭ ŶŽŶĚŝƉƌŽƉƌŝĞƚă
/&//KϭϱͲZWZdKKE&/KEDEdKDK>>/&Z^,/
ϭϱ
ϭϱ
Ϯϱ ĐŽŶĨĞnjŝŽŶĂƚƌŝĐĞW&D^ǁŝĨƚ
Ϯϲ ĐŽŶĨĞnjŝŽŶĂƚƌŝĐĞW&D^ǁŝĨƚ
ϴ
ϴ
/&//KϭϱͲ>K>/ͲKZZ/K/K
ϭϱ
Ϯϰ ĐĂŵďŝĂŵŽŶĞƚĞĂƐLJWůƵƐŚĂŶŐĞĚŝƚƚĂdŝŵĞŽƵƚ
/&//KϭϱͲ>K>/ͲKZZ/K/K
ϭϱ
ϭϱ
ϭϱ
ϲ ƐƚĂŵƉĂŶƚĞ,WĚĞƐŬũĞƚϴϵϱĐdžŝ
ϭϭ ŵĂĐĐŚŝŶĂĚŝƐƚƌŝďƵƚŽƌĞďĞǀĂŶĚĞĐĂůĚĞĚŝƚƚĂŝĂŶĐŚŝ
ϭϮ ŵĂĐĐŚŝŶĂĚŝƐƚƌŝďƵƚŽƌĞďĞǀĂŶĚĞĨƌĞĚĚĞĚŝƚƚĂdŝŵĞKƵƚ
ϬϱϮϰϵϰϳϮ
ϬϯϭϳϭϯϬϰ
^dZEKϭϱ
ƉĂĐĐŽ '^ ϭϮ ďŽŵďŽůĞ ; ŵĂƚƌ͘ WϬϬϯϬ d KdK dE/'^ ŶŽŶ Ěŝ
ƉƌŽƉƌ͕͘ ŵĂƚƌ͘ WϬϬϭϯ ƚĞĐ KϮ dE/'^ ŶŽŶ Ěŝ ƉƌŽƉ͕͘ ŵĂƚƌ͘ ϭϬϬ KϮ
'^ >DWKyz ŶŽŶ Ěŝ ƉƌŽƉ͕͘ ŵĂƚƌ͘ Ϭϭϳ d KdK '^ >DWKyz ŶŽŶ
ϰϱͬĂ ĚŝƉƌŽƉ͘Ϳ
^dZEK
ϭϱ
ϭ ĐŽŵŽĚĂƚŽĚΖƵƐŽͲ
ϭϱͲWhZdKZ
ϭϱ
W
Ϯͬ
ƐŝƐƚĞŵĂĚŝŝŶŝĞnjŝŽŶĞŽƐƐŝŐĞŶŽĨŽƌŵĂƚŽĚĂƐĞƌďĂƚŽŝŽKϮĚŝƚƚĂ^ŽůĐŽŶ
ƋƵĂĚƌŽĞůĞƚƚƌŝĐŽƚŝƉŽϭϮϳϬϬ
ϭϮϳϬϬͬϭϵϰ
ϭϵϳϳ
ϭ ĐŽŵŽĚĂƚŽĚΖƵƐŽ
ϮϬϬϴ
Ͳ
Ͳ
Ͳ
ϭ ĐŽŵŽĚĂƚŽĚΖƵƐŽ
Ϭ ƐŽƉƉƌĞƐƐŽŝŶĐŽŵŽĚĂƚŽĂDĞĚĞŐŚŝŶŝƐƌů
Ϭ ƐŽƉƉƌĞƐƐŽŝŶĐŽŵŽĚĂƚŽĂDĞĚĞŐŚŝŶŝƐƌů
Ϭ ƐŽƉƉƌĞƐƐŽŝŶĐŽŵŽĚĂƚŽĂDĞĚĞŐŚŝŶŝƐƌů
ϮϬϬϱ
ϭ ůĞĂƐŝŶŐ/ƚĂůĞĂƐĞΗEƵŽǀĂ^ĂůĂΗ
W/>^dZZdK
W^
W^
W^
W^
ϭ ĚŝƐƚƌŝďƵƚŽƌĞĚŝĞƐĞůŝŶĐŽŶƚĂŝŶĞƌ;ďŽdžͿŝĞƐĞůdĂŶŬŵŽĚĞůůŽ'ϵϬ
ϲ ĐŽŶƚĂŝŶĞƌd
ϳ ĐŽŶƚĂŝŶĞƌd
ϴ ĐŽŶƚĂŝŶĞƌ>ŽĐĂƚĞůůŝ
ϳϲϴ
Ͳ
Ͳ
Ͳ
/&//Kϭϳ>sKZ/KE'ZE'Zddh''/dKKE&/KEDEdK'ZE
>ŝŶĞĂϱŐƌĂŵŵŝ
ϭϳ
ϲ
ϳϮ ŽŶĨĞnjŝŽŶĂƚƌŝĐĞĐŽŶƐƚƌƵƚƚƵƌĂŵĞƚĂůůŝĐĂƵŶŝǀĞƌƐĂůƉĂĐŬ
ϬϱZϬϱ/d
KE&/KEDEdK'ZE
ϭϳ
ϭϮ
ϭ DĂĐĐŚŝŶĞƚƚĂƌŝĐĂƌŝĐĂĐŚŝĂǀĞƚƚĞ
ϭ ĐŽŵŽĚĂƚŽ
>/E&hZh<h
ϭϳ
ϭϳ
ϭϮ
ϭϮ
ϮϮ DĂĐĐŚŝŶĂ&ƵƌƵŬĂǁĂƌLJŽǀĂĐsZϴϲϬϬͲϭϰ
Ϯϰ dƵŶŶĞůƌLJŽǀĂĐtZϴϭϲϬϬƉĞƌĂƐĐŝƵŐĂƚƵƌĂ
ϳϮϰϰϮϴ
ϵEϬϬϯϭϰ
ϮϬϬϵ
ϮϬϬϵ
ϭ EK>''/K͕ƐŽŶŽĂůŝďƌŽĐĞƐƉŝƚĞŵĂĨĂƚƚƵƌĂƐƚŽƌŶĂƚĂ͍
ϭ EK>''/K͕ƐŽŶŽĂůŝďƌŽĐĞƐƉŝƚĞŵĂĨĂƚƚƵƌĂƐƚŽƌŶĂƚĂ͍
ϬϬϰϬϳ
ϮϬϬϵ
ϭ EK>''/K͕ƐŽŶŽĂůŝďƌŽĐĞƐƉŝƚĞŵĂĨĂƚƚƵƌĂƐƚŽƌŶĂƚĂ͍
>/EdZDK&KZDdKW/'ZE/
ϭϳ
ϭϮ
ϱϵ &ŽƌŶŽĂƐĐŝƵŐĂƚƵƌĂƌLJŽǀĂĐtZϴϭͲϴϬϬ
Pagina 1
ALL. 23
>/E^^/dKͲZddK>/W>^d/
ϭϳ
ϭϯ
ϯϬ ƚŝĐŚĞƚƚĂƚƌŝĐĞďĂƌĂƚƚŽůŝDŝĚĂĐŽŵďŝŶĂϬϭͬϭϮϬƐdž
ϭϮϵϴϭϲϴϰϰͬϮϴͬϮϲϰϵ
ϭϵϵϴ
ϭ ůĞĂƐŝŶŐ^ĂŶƚĂŶĚĞƌΗEƵŽǀĂ^ĂůĂΗ
ϲϭϭͬϭϬ
ϭ
ϮϬϭϬ
ϮϬϬϭ
Ϭ ƐŽƉƉƌĞƐƐŽŝŶĐŽŵŽĚĂƚŽĂDĞĚĞŐŚŝŶŝƐƌů
Ϭ ƐŽƉƉƌĞƐƐŽŝŶĐŽŵŽĚĂƚŽĂDĞĚĞŐŚŝŶŝƐƌů
ϳϱϬϯϳϱ
ϮϬϬϴ
ϭ ƉƌŽƉƌŝĞƚă^K>
ϴϱϴϳϵϲ
ϮϬϬϵ
ϭ ƉƌŽƉƌŝĞƚă^K>
^dZEKϭϳ
ϭϳ
ϭϳ
ƐƚĞƌŶŽ
ƐƚĞƌŶŽ
ϭϳ
ƐƚĞƌŶŽ
ϭϳ
ƐƚĞƌŶŽ
ϵ ĂƐƐŽŶĞĐŽŶƚĂŝŶĞƌƌŝĨŝƵƚŝ>Kd>>/hZKKEd/EZ
ϭϬ ŽŶƚĂŝŶĞƌƌŝĨŝƵƚŝƌƚŝƉŽEd
^ĞƌďĂƚŽŝŽ ƌĞĨƌŝŐĞƌĂƚŽ ĂnjŽƚŽ sZs ĐŽŶ ĞǀĂƉŽƌĂƚŽƌĞ ;ŵĂƚ͘
s'KͬϬϰͬϬϬϭͬϬϵ ĚĞů ϮϬϬϵͿ н ĞǀĂƉŽƌĂƚŽƌĞ ŵĞƐƐĂ ŝŶ ƉƌĞƐƐŝŽŶĞ
ϭϱ ƐĞƌďĂƚŽŝŽ;ŵĂƚ͘ϬϵsϬϴϲϯĚĞůϮϬϬϵͿ
^ĞƌďĂƚŽŝŽ ƌĞĨƌŝŐĞƌĂƚŽ KϮ sZs ĐŽŶ ĞǀĂƉŽƌĂƚŽƌĞ ;ŵĂƚ͘ sϰϬͬϬϰͬϬϬϰͬϬ
ĚĞů ϮϬϬϵͿ н ĞǀĂƉŽƌĂƚŽƌĞ ŵĞƐƐĂ ŝŶ ƉƌĞƐƐŝŽŶĞ ƐĞƌďĂƚŽŝŽ ;ŵĂƚ͘ ϬϵsϬϴϲϮ
ϭϲ ĚĞůϮϬϬϵͿ
/&//KϭϰKZ',ddK^d'/KEdhZ'ZE
ϭϰͲKZ',ddKD'/EK^d'/KEdhZ
ϭϰ
ϱ
ϳ DĂĐĐŚŝŶĞƚƚĂĚŝƐƚƌŝďƵƚŽƌĞĐĂĨĨğ
ϭ KDKdK
ϵ ŝĚŽŶŝĚĞůůŽƐƉŽƌĐŽĐŽŶƌƵŽƚĞ
Ϯ ĐŽŵŽĚĂƚŽĚΖƵƐŽ
WEEKEϭϵ/EdZEK
ϭϵ
W>/Eh&&//ͲsEK^>
h&
s^
ϯ ŝƐƚƌŝďƵƚŽƌĞĂƵƚŽŵĂƚŝĐŽd/DKhd/E,/
ϭ ĐŽŵŽĚĂƚŽ
W>/Eh&&//ͲW/EKϭΣĞϮΣ
h&
h&
h&
&
&
'
ϭϮ &ŽƚŽĐŽƉŝĂƚƌŝĐĞ<KE/D/EK>dďŝnjŚƵďϱϬϬĐŽŶϯĐĂƐƐĞƚƚŝĞƌƵŽƚĞ
ϯϱ &ŽƚŽĐŽƉŝĂƚƌŝĐĞ<KE/D/EK>dďŝnjŚƵďϮϱϯ
Ϯ ^ƚĂŵƉĂŶƚĞŵƵůƚŝĨƵŶnjŝŽŶĂůĞ<KE/D/EK>d
ϱϬϲ&ϬϰϮϲϱ
ϬϮϬϮϭϬϯϵϬϲϬ
ϬϮϬϮϭϬϯϵϬϰϯ
ϭ ƉƌŽƉƌŝĞƚăĞŶƚƌŽ
ϭ ƉƌŽƉƌŝĞƚăĞŶƚƌŽ
ϭ ƉƌŽƉƌŝĞƚăĞŶƚƌŽ
/&//KϭϳͲ^>Z/hE/KE/ͲZ/^dKZK
ϭϳ
^Z
ϯ ĚŝƐƚƌŝďƵƚŽƌĞĐĂĨĨğƚŝŵĞŽƵƚ
ϭ ĐŽŵŽĚĂƚŽ
/&//KϭϳͲE'K/K^W/K
ϭϳ E^
ϭϬ ĂŶĐŽĨƌŝŐŽƌŝĨĞƌŽ'>
ϭ ŽŵŽĚĂƚŽ
Pagina 2
ALL. 23