)ULJRULIHURFRQFRQJHODWRUH
,OIULJRULIHURFRQFRQJHODWRUHqXQ
HOHWWURGRPHVWLFR
/DSDUWHLQIHULRUHqLOIULJRULIHURFKHVHUYHDOOD
FRQVHUYD]LRQHGHLFLELIUHVFKLDOODWHPSHUDWXUD
VXSHULRUHDLƒ&
/DSDUWHVXSHULRUHqLOFRQJHODWRUHFKHVHUYH
DOODFRQJHOD]LRQHGHLFLELIUHVFKLHDOOD
FRQVHUYD]LRQHGLOXQJDGXUDWDGHLFLELVXUJHODWL
ILQRDGXQDQQRGLSHQGHGDOODVFHOWDGHLFLEL,O
FRPSDUWRqLQGLFDWRFRQTXDWWURVWHOOH
3ULPDGHOO
XVR ,VWUX]LRQLSHUO
XVR
,VWUX]LRQLG
LQFDVWUR
1RVWUDFXUDGHOO
DPELHQWH
5LVSDUPLRHQHUJLD
$YYHUWHQ]HLPSRUWDQWL 5LPR]LRQHGHOO¶DSSDUHFFKLRJLXQWRDILQHYLWD
,QVWDOOD]LRQHHFROOHJDPHQWR 6FHOWDOXRJR
&ROOHJDPHQWRHOHWWULFR
&RQVHUYD]LRQHGHLFLELVXUJHODWL
$FTXLVWRGHLVXUJHODWL
6FRQJHODPHQWRGHLVXUJHODWL
3URGX]LRQHJKLDFFLR
0DQXWHQ]LRQHHSXOL]LD 6EULQDPHQWRDXWRPDWLFRGHOIULJRULIHUR
6EULQDPHQWRPDQXDOHGHOORVFRPSDUWRGL
FRQJHOD]LRQH
3XOL]LDGHOO
DSSDUHFFKLR
'LVLQVHULPHQWRGHOO
DSSDUHFKLR
'HVFUL]LRQH 5HJROD]LRQH (OLPLQD]LRQHGLIHWWL
8VR 3RUWHUHYHUVLELOL
,QVWDOOD]LRQH 6FHOWDWHPSHUDWXUD
&RQVHUYD]LRQHFLELLQIULJRULIHUR
&RQJHOD]LRQHGHLFLEL
0LVXUHG
LQJRPEURHUDIIUHGGDPHQWR
DSSDUHFFKLR
,VWUX]LRQLGLXVRHGLPRQWDJJLR
3ULPDGHOO
XVR
x (
SUHIHULELOHODVFLDUHO
DSSDUHFFKLRIHUPRSHU
GXHRUHSULPDGLHVHJXLUHLOFROOHJDPHQWR
HOHWWULFRSHUGLPLQXLUHODSRVVLELOLWjGL
IXQ]LRQDPHQWRLUUHJRODUHGHOVLVWHPD
UHIULJHUDQWHFDXVDWRGDOWUDVSRUWR
x 3XOLUHO
DSSDUHFFKLRVRSUDWWXWWRO
LQWHUQRYHGLLO
FDSLWROR3XOL]LDGHOO
DSSDUHFFKLR
x 'LVSRUUHJOLDFFHVVRULLQWHUQLFRPHGLPRVWUDWR
QHOOHLVWUX]LRQLLOWLSRGHJOLDFFHVVRULGLSHQGH
GDOPRGHOOR
,VWUX]LRQLSHUO
XVR
/
LVWUX]LRQLSHUO
XVRVHUYRQRjO
XWHQWH2OWUHOD
GHVFUL]LRQHGHOO
DSSDUHFFKLRGDQQRDQFKH
LVWUX]LRQLSHUO
XVRUHJRODUHHVLFXUR6LSRVVRQR
XVDUHSHUGLYHUVLWLSLPRGHOOLGHJOLDSSDUHFFKL
SHUFLzqSRVVLELOHFKHLOYRVWURDSSDUHFFKLRQRQ
KDWXWWHOHIXQ]LRQLGHVFULWHTXLGLVHJXLWR
,VWUX]LRQLG
LQFDVWUR
x &RQWUROODUHSHULRGLFDPHQWHVHLOUDIIUHGGDPHQWR
GHOO
DSSDUHFFKLRVLDVXIILFLHQWHFLUFROD]LRQH
GHOO
DULDQRQRVWDFRODWDGLHWURO
DSSDUHFFKLR
x 5XRWDUHODPDQRSRODWHUPRVWDWRGDOOD
LPSRVWD]LRQHDOWDDOODSLjEDVVDDSSHQDFKH
O
XWLOL]]RHOHFLUFRVWDQ]HORSHUPHWWRQR
x 5DIIUHGGDUHLFLELDOODWHPSHUDWXUDDPELHQWH
SULPDGLPHWWHUOLQHOO¶DSSDUHFFKLR
x ,ULYHVWLPHQWLGLEULQDRJKLDFFLRDXPHQWDQRLO
FRQVXPRG
HQHUJLDHOHWWULFD(
UDFFRPDQGDELOH
WRJOLHUHODEULQDVXELWRTXDQGRUDJJLXQJHXQR
VSHVVRUHGLPP
x /DJXDUQL]LRQHGDQQHJJLDWDFDXVDPDJJLRU
FRQVXPRG¶HQHUJLDSHUFLzELVRJQDSURYYHGHUH
DWHPSRDOODVRVWLWX]LRQH
x ,OFRQGHQVDWRUHVXOORVFKLHQDOHGHOO¶DSSDUHFFKLR
GHYHHVVHUHVHPSUHSXOLWRVHQ]DSROYHUHR
GHSRVLWLFDXVDWLGDYDSRULGLFXFLQD
x 0DQFDWRULVSHWWRGHOOHLVWUX]LRQLGHVFULWWHQHL
FDSLWRODWL³3RVL]LRQDPHQWRH5LVSDUPLRHQHUJLD´
SXzFDXVDUHXQPDJJLRUFRQVXPRG¶HQHUJLD
/
DSSDUHFFKLRSUHYYLVWRSHUO
LQVWDOOD]LRQHQHO
PRELOHGLFXFLQDqGRWDWRG
LVWUX]LRQLSHU
O
LQFDVWUR
/
LQVWDOOD]LRQHGHYHHVVHUHHVHJXLWDGDXQ
WHFQLFRVSHFLDOLVWD
1RVWUDFXUDGHOO
DPELHQWH
x 3HUO¶LPEDOORGHJOLDSSDUHFFKLYHQJRQRXVDWL
PDWHULDOLQRQLQTXLQDQWLFKHSRVVRQRHVVHUH
ULFLFODWLGHSRVLWDWLRGLVWUXWWLVHQ]DLOULVFKLRSHU
O¶DPELHQWH3HUWDOILQHLPDWHULDOLG¶LPEDOODJJLR
VRQRDGHJXDWDPHQWHFRQWUDVVHJQDWL
x $QFKHLOOLEUHWWRG
LVWUX]LRQLqVWDPSDWRDOOD
FDUWDULFLFODWDRDOODFDUWDLPELDQFKLDWDVHQ]D
FORUR
x 4XDQGRO¶DSSDUHFFKLRJLXQJHDILQHYLWDH
GLYHQWDLQXWLOHSURYYHGHUHDOO¶HOLPLQD]LRQH
DGHJXDWDSHUQRQFDXVDUHO¶LPSDWWR
VXOO¶DPELHQWH&RQVHJQDUHO¶DSSDUHFFKLR
DOO¶D]LHQGDDXWRUL]]DWDGLUDFFROWDGHJOL
DSSDUHFFKLHOHWWURGRPHVWLFLLQXWLOL]]DELOLYHGLLO
FDSLWROR5LPR]LRQHGHOO¶DSSDUHFFKLRJLXQWRD
ILQHYLWD
5LVSDUPLRHQHUJLD
x 1RQDSULUHODSRUWDGHOO¶DSSDUHFFKLRSL
IUHTXHQWDPHQWHFRPHQHFHVVDULRVRSUDWWXWR
GXUDQWHLSHULRGLFDOGLHGXPLGL1RQODVFLDUHOD
SRUWDGHOO¶DSSDUHFFKLRDSHUWDWURSSROXQJR
SDUWLFRODUPHQWHTXHOODGHLFRQJHODWRULYHUWLFDOL
,VWUX]LRQLGLXVRHGLPRQWDJJLR
$YYHUWHQ]HLPSRUWDQWL
x 1HOFDVRLQFXLTXHVWRDSSDUHFFKLRVRVWLWXLVFH
XQRGLYHFFKLRWLSRFRQFKLXVXUDGHOODSRUWDQRQ
DSULELOHGDOO
LQWHUQRVLGHYHUHQGHUHLQVHUYLELOHOD
VHUUDWXUDFHUQLHUDHFFSHUHYLWDUHFKHL
EDPELQLJLRFDQGRSRVVDQRULQFKLXGHUVL
QHOO
LQWHUQRPHWHQGRDUHSHQWDJOLRODORURYLWD
x &ROOHJDUHFRUUHWWDPHQWHO
DSSDUHFFKLRDOODUHWH
HOHWWULFDYHGLLOFDSLWROR&ROOHJDPHQWRHOHWWULFR
x 1RQWRFFDUHOHVXSHUILFLUDIIUHGGDWHVRSUDWWXWWR
FRQOHPDQLXPLGHREDJQDWHSHUFKqODSHOOH
SXzLQFROODUVLDOODVXSHUILFHUDIIUHGDWD
x 1RQFRQJHODUHLFRQWHQLWRULLQYHWURFRQOLTXLGLR
EHYDQGHJDVVDWHFRPHSHVDFTXDPLQHUDOH
VSXPDQWHELUUDFRODHFFFKHSRWUHEEHUR
IUDQWXPDUVLHVFRSSLDUH
x 1RQPDQJLDUHLFLELFRQJHODWLSDQHIUXWWD
YHUGXUDFKHSRWUHEEHURSURYRFDUHOH
EUXFLDWXUHGHOJHOR
x ,FLELGLRGRUHRFRORUHVRVSHWWRVRVRQR
SHULFRORVLDGHVVHUHFRQVXPDWLHGHYRQR
HVVHUHJHWWDWLYLD
x 'LVLQVHULUHO
DSSDUHFFKLRGDOODSUHVDGLFRUUHQWH
SULPDGLSURFHGHUHDOODULSDUDWXUDVHPSUH
HVHJXLWDGDXQWHFQLFRVSHFLDOLVWDSXOL]LDR
VRVWLWX]LRQHGHOODODPSDGLQD
x 3HUORVEULQDPHQWRGHOO¶DSSDUHFFKLRQRQXVDUH
PDLDSSDUHFFKLHOHWWULFLDVFLXJDFDSHOOLRVLPLOL
HQRQULPXRYHUHODEULQDRLOJKLDFFLRFRQ
RJJHWWLWDJOLHQWL8VDUHVRORJOLXWHQVLOLLQ
GRWD]LRQHLHXWHQVLOLSHUPHVVLGDOSURGXWWRUH
x 'HGLFDQGRPDVVLPDDWWHQ]LRQHDOO¶DPELHQWH
VDQRHVVHUHDWWHQWLGLQRQGDQQHJJLDUHOR
VFKLHQDOHGHOO¶DSSDUHFFKLRLOFRQGHQVDWRUHRLO
WXERSHUHVDOWUDVSRUWRGHOO¶DSSDUHFFKLR
LQXWLOL]]DELOHROHSDUWLGHOFLUFXLWRUHIULJHUDQWH
QHOO¶LQWHUQRGHOO¶DSSDUHFFKLR
x /¶DSSDUHFFKLRFRQWLHQHLOUHIULJHUDQWHHGROLR
SHUFLzELVRJQDHOLPLQDUHO¶DSSDUHFFKLR
GDQQHJJLDWRLQFRQIRUPLWjDOOHULFKLHVWH
HFRORJLFKHGLVLFXUH]]DYHGLLOFDSLWROR1RVWUD
FXUDGHOO¶DPELHQWH
x 6HLOFDYRGLDOLPHQWD]LRQHpGDQQHJJLDWRSXz
HVVHUHVRVWLWXLWRGDOSURGXWWRUHRGDVXRFHQWUR
GLDVVLVWHQ]DRGDXQDSHUVRQDTXDOLILFDWDSHU
HYLWDUHLOSHULFROR
x 7DUJKHWWDqSRVWDDOO
LQWHUQRRVXOUHWUR
GHOO
DSSDUHFFKLR
JLRFDQGRSRVVDQRULQFKLXGHUVLQHOO¶LQWHUQR
PHWHQGRDUHSHQWDJOLRODORURYLWD
x ,IULJRULIHULHGLFRQJHODWRULFRQWHQJRQR
UHIULJHUDQWHHFRPSRQHQWLG¶LVRODPHQWRFKH
ULFKLHGRQRXQDGHJUDGD]LRQHVSHFLDOH3HUFLz
DOO¶HOLPLQD]LRQHGHOO¶DSSDUHFFKLRYHFFKLR
ULYROJHUVLDFDVDDXWRUL]]DWDGLUDFFROWDGHJOL
DSSDUHFFKLLQXWLOL]]DELOLRSSXUHFRQVXOWDUH
O¶DPPLQLVWUD]LRQHFRPXQDOHRLOFRPPHUFLDQWH
$FDXVDGHOSRVVLELOHLPSDWWRVXOO¶DPELHQWH
HVVHUHDWWHQWLGLQRQGDQQHJJLDUHLOWXERVXOOR
VFKLHQDOH
5LPR]LRQHGHOO¶DSSDUHFFKLR
JLXQWRDILQHYLWD
x /¶DSSDUHFFKLRJLXQWRDILQHYLWDGHYHHVVHUH
LPPHGLDWDPHQWHHOLPLQDWRGDOO¶XVR
/¶HYHQWXDOHVHUUDWXUDRFKLDYLVWHOORGHYRQR
HVVHUHUHVLLQVHUYLELOLSHUHYLWDUHFKHLEDPELQL
,VWUX]LRQLGLXVRHGLPRQWDJJLR
,QVWDOOD]LRQHHFROOHJDPHQWR
6FHOWDOXRJR
3RVL]LRQDUHO
DSSDUHFFKLRLQOXRJRDVFXLWWRFRQ
FLUFROD]LRQHUHJRODUH/DWHPSHUDWXUDG
DPELHQWH
SHUPLVVLELOHSHULOIXQ]LRQDPHQWRQRUPDOH
GLSHQGHGDOODYHUVLRQHFODVVHG
DSSDUHFFKLRHG
qLQGLFDWDVXOODWDUJKHWWD
1RQSRVL]LRQDUHO
DSSDUHFFKLRYLFLQRDLIRQWLGL
FDORUHSHVXQDFXFLQDUDGLDWRUHVFDOGDFTXD
HFFHQRQHVSRUUORDLUDJJLGLUHWWLGHOVROH
/¶DSSDUHFFKLRGHYHHVVHUHDOPHQRFPGLVWDQWH
&ODVVH
61VXEQRUPDOH
1QRUPDOH
67VXEWURSLFDOH
7WURSLFDOH
GDOODFXFLQDHOHWWULFDRFXFLQDJDVHDOPHQR
FPGLVWDQWHGDOODVWXID6HODGLVWDQ]DqPLQRUH
ELVRJQDXVDUHXQDSLDVWUDGLLVRODPHQWR3HU
DVVLFXUDUHXQUDIIUHGGDPHQWRVRGGLVIDFHQWHGHO
FRQGHQVDWRUHO¶DSSDUHFFKLRQRQGHYHHVVHUH
SRVL]LRQDWRWURSSRYLFLQRDOPXURLHGLHWUR
O¶DSSDUHFFKLRGHYHHVVHUHXQDSHUWXUDGLFLUFD
FPð6HO¶DSSDUHFFKLRYHQJDLQVWDOODWRVRWWR
XQSHQVLOHODGLVWDQ]DWUDGLORURGHYHHVVHUH
DOPHQRFP
7HPSHUDWXUDG¶DPELHQWH
GDƒ&Dƒ&
GDƒ&Dƒ&
GDƒ&Dƒ&
GDƒ&Dƒ&
&ROOHJDPHQWRHOHWWULFR
&ROOHJDUHO
DSSDUHFFKLRDOODUHWHWUDPLWHLOFDYR
G
DOLPHQWD]LRQH/DSUHVDGHYHDYHUHLOFRQWDWWR
GLWHUUDODSUHVDGLVLFXUH]]D/DWHQVLRQH
QRPLQDOHHODIUHTXHQ]DVRQRULSRUWDWHVXOOD
WDUJKHWWD
,OFROOHJDPHQWRDOODUHWHHODPHVVDDWHUUD
GHYRQRHVVHUHHVHJXLWLLQFRQIRUPLWjDOOHQRUPH
HSUHVFUL]LRQLYLJHQWL
/
DSSDUHFFKLRSXzVRSSRUWDUHLEUHYLVEDO]LGL
WHQVLRQHFKHQRQVXSHUDQRR
,VWUX]LRQLGLXVRHGLPRQWDJJLR
'HVFUL]LRQH
)ULJRULIHUR$
6HUYHDOODFRQVHUYD]LRQHGHLFLELIUHVFKLSHU
TXDOFKHJLRUQL
&RQJHODWRUH%
,OFRQJHODWRUHVHUYHDOODFRQJHOD]LRQHGHLFLEL
IUHVFKLHDOODFRQVHUYD]LRQHGHLVXUJHODWL
$SHUWXUDGHOODSRUWDGHOFRQJHODWRUH
3HUULPXRYHUODGDOO
DSSDUHFFKLRVROOHYDUODXQSR
QHOODSDUWHSRVWHULRUHHGHVWUDUUOD
,ULSLDQLLQYHWURVRORDOFXQLPRGHOOLVRQRGRWDWLGL
GLVWDQ]LDWRULGLSODVWLFD6HYROHWHHVWUDUUHLO
ULSLDQRELVRJQDSULPDVSRVWDUHLGLVWDQ]LDWRUL
YHUVRGLVp3RWHWHDQFKHULPXRYHUHL
GLVWDQ]LDWRULPDFRQVHUYDWHOLSHUHYHQWXDOL
VXFFHVVLYLWUDVSRUWL&RQVHUYDUHLFLELFKHVL
JXDVWDQRSUHVWRDOODSDUWHSRVWHULRUHGHOULSLDQR
GRYHqLOSLjIUHGGR8QDOLQHDOLPLWDWLYDVLWURYD
VXOULSLDQRLQIHULRUHGLDOFXQLPRGHOOLQRQPHWWHUH
LFLELGDYDQWLDTXHVWDOLQHD
$SHUWXUDSHUVFDULFRDFTXDGL
VEULQDPHQWR
6RWWRODSLDVWUDUHIULJHUDQWHFKHVHUYHDO
UDIIUHGGDPHQWRGHOO
LQWHUQRIULJRULIHURPRQWDWD
QHOODSDUHWHSRVWHULRUHVLWURYDQRODVFDQDODWXD
HGLOIRURGRYHVLUDFFRJOLHO
DFTXDVEULQDWD
/DVFDQDODWXUDHGLOIRURQRQGHYRQRHVVHUH
WDSSDWLSHVFRQUHVWLGHLFLEL6LFRQVLJOLD
SHUFLzGLFRQWUROODUOLHSXOLUOLVHFRQGRLOELVRJQR
SHVFRQXQDFDQQXFFLD
5LSLDQR
LOQXPHURGLSHQGHGDOPRGHOOR
,OULSLDQRqVSRVWDELOHSHUSHUPHWWHUHOD
VLVWHPD]LRQHSLjIDFLOHHSXzHVVHUHLQVHULWDLQ
XQDGHOOHJXLGHVHFRQGROHYRVWUHHVLJHQ]H
,OULSLDQRKDODSURWH]LRQHFRQWURO
HVWUD]LRQH
FRPSOHWD
&DVVHWWRIUXWWDHYHUGXUD
,OFDVVHWWRqSRVWRLQIRQGRGHOIULJRULIHURVRWWRLO
ULSLDQRLQYHWURGRYHO
XPLGLWjqFRVWDQWHHOD
IUXWWDHYHUGXUDFRQVHUYDWDULPDQHIUHVFD
,VWUX]LRQLGLXVRHGLPRQWDJJLR
&RQWURSRUWD
/DFRQWURSRUWDqGRWDWDGHLEDOFRQFLQLRYDVFKHWWH
FKHVHUYRQRDOODFRQVHUYD]LRQHGHOIRUPDJJLR
EXUURXRYDLRJXUWRDOWULSLFROLSDFFKHWWLWXEHWWL
FRQVHUYHHFF,OSRVWRSHOHERWWLJOLHVLWURYDQHOOD
SDUWHLQIHULRUHGHOODFRQWURSRUWD
,OOXPLQD]LRQHLQWHUQD
$SUHQGRODSRUWDGHOIULJRULIHURODODPSDGDVL
DFFHQGHHULPDQHDFFHVDLUULVSHWWRDOODSRVL]LRQH
GHOODPDQRSRODWHUPRVWDWR
127$
x *OLDFFHVVRULLQWHUQLSRVVRQRYDULDUHVHFRQGRLO
PRGHOORG
DSSDUHFFKLR
x 1HLFHQWULG
DVVLVWHQ]DWHFKQLFDDXWRUL]]DWL
SRWHWHVHFRQGRLOELVRJQRFRPSUDUHDQFKHOH
YDVFKHWWHSHUFRQGLPHQWLLUHFLSLHQWLSHUWXEHWWL
ULSLDQLDGGL]LRQDOLHWF
,VWUX]LRQLGLXVRHGLPRQWDJJLR
5HJROD]LRQH
/DPDQRSRODSRVL]LRQDWDQHOODSDUWHGHVWUDLQ
DOWRGHOO
DSSDUHFFKLRVHUYHDOODUHJROD]LRQHGHOOD
WHPSHUDWXUDJLUDQGRODGDOODSRVL]LRQH6723
DOODHYLFHYHUVD
6FHOWDWHPSHUDWXUD
x /HSRVL]LRQLSLjDOWHGHOODPDQRSRODYHUVR
VLJQLILFDQROHWHPSHUDWXUHSLjEDVVHSLj
IUHGGRLQWXWWHOHSDUWLGHOO
DSSDUHFFKLR/D
WHPSHUDWXUDQHOO
LQWHUQRGHOIULJRULIHURSXz
VFHQGHUHDQFKHVRWWRƒ&,PSRVWDUHOH
SRVL]LRQLSLjDOWHVROWDQWRQHLFDVLFKHVLYXROH
HGqUDFFRPDQGDWDODWHPSHUDWXUDGL
UDIIUHGGDPHQWRSLjEDVVD
3HUODWHPSHUDWXUDG
DPELHQWHQRUPDOHVL
UDFFRPDQGDLPSRVWDUHODSRVL]LRQHPHGLDGHOOD
PDQRSROD
x ,OFDPELRGHOODWHPSHUDWXUDG
DPELHQWHLQIOXLVFH
DOODWHPSHUDWXUDQHOO
DSSDUHFFKLR5HJRODUH
FRQIRUPHPHQWHODPDQRSRODWHUPRVWDWR
x $OODSRVL]LRQH6723O
DSSDUHFFKLRQRQ
IXQ]LRQDLOVLVWHPDUHIULJHUDQWHLQRSHUDWLYR
WXWWDYLDVRWWRODWHQVLRQHDSUHQGRODSRUWDGHO
IULJRULIHURODODPSDGDVLDFFHQGH
x /DWHPSHUDWXUDQHOIULJRULIHURHQHOORVFRPSDUWR
GLFRQJHOD]LRQHGLSHQGHDQFKHGDOODIUHTXHQ]D
G
DSHUWXUDSRUWD
,VWUX]LRQLGLXVRHGLPRQWDJJLR
8VR
&RQVHUYD]LRQHFLELLQIULJRULIHUR
x 6LUDFFRPDQGDGLOLPLWDUHODIUHTXHQ]D
G¶DSHUWXUDGHOODSRUWD
x ,PSRVWDUHLOWHUPRVWDWRDOODSRVL]LRQHSHU
RWWHQLPHQWRGHOOHWHPSHUDWXUHSLEDVVH
(VHJXLUHO¶LPSRVWD]LRQHJUDGXDOPHQWHPDLQ
PRGRWDOHGLLPSHGLUHODFRQJHOD]LRQHGHLFLEL
0LVXUDUHODWHPSHUDWXUDGLRJQLVLQJROR
VFRPSDUWRFRQLOWHUPRPHWURLPPHUVRQHO
FRQWHQLWRUHGLYHWURULHPSLWRGLDFTXD/DOHWWXUD
GHOODWHPSHUDWXUDqDIILGDELOHGRSRDOFXQHRUH
GLULSRVR
x $OFXQLVROYHQWLRUJDQLFLHGDQFKHJOLROLHWHULFL
FRQWHQXWLQHOODVFRU]DGLOLPRQLRDUDQFLHDFLGR
EXWWLULFRSURYRFDQRLJXDVWLHO
LQYHFFKLDPHQWR
GHOPDWHULDOHSODVWLFRHGHOOHJXDUQL]LRQL
x 8QFDWWLYRRGRUHVLJQLILFDODSXWUHID]LRQHGHL
FLEL
3HUHOLPLQDUHTXHVWLRGRULqFRQVLJOLDELOHLO
ODYDJJLRFRQO
DFTXDFRQO
DJJLXQWDGHOO
DFHWR
(
FRQVLJOLDELOHDQFKHO
XVRGHLILOWULDFDUERQH
GROFHSHUODSXULILFD]LRQHHODQHXWUDOL]]D]LRQH
GHJOLRGRULVJUDGHYROL
x ,QDVVHQ]DGLDOFXQLJLRUQLVLUDFFRPDQGD
SUHQGHUHGDOIULJRULIHURLFLELFKHVLJXDVWDQRLQ
EUHYHWHPSR
/DTXDOLWjGHOODFRQVHUYD]LRQHGHLFLELGLSHQGH
GDOO¶XVRFRUUHWWRGHOO¶DSSDUHFFKLRGDOO¶LPEDOODJJLR
LGRQHRGHLFLELGDOPDQWHQLPHQWRGHOOD
WHPSHUDWXUDDGHJXDWDHGDOODFRQVLGHUD]LRQH
GHOO¶LJLHQHGHLFLEL
x ,FLELFRQVHUYDWLLQIULJRULIHURGHYRQRHVVHUH
UDIIUHGGDWLDOODWHPSHUDWXUDDPELHQWHHEHQH
LPEDOODWLPDQWHQHQGRFRVLLOVDSRUHHO
XPLGLWj
LQDOWHUDWHLPEDOODWLQHLVDFFKHWWLGLSROLHWLOHQH
LQIRJOLGLDOOXPLQLRFDUWDFHUDWDHFFRQHJOL
DSSRVLWLFRQWHQLWRULFRQFRSHUFKLRRQHOOH
ERWWLJOLH
x 5LPXRYHUHODFRQIH]LRQHSULPDGLPHWWHUHLFLEL
QHOIULJRULIHURSHUHVODFRQIH]LRQHGHL\RJXUW
x 1RQFRQVHUYDUHOHVRVWDQ]HLQILDPPDELOLR
HVSORVLYH
x /HERWWLJOLHDGDOWRFRQWHQXWRG
DOFROGHYRQR
HVVHUHFKLXVHEHQHHVWDUHQHOODSRVL]LRQH
YHUWLFDOH
x ,FLELQRQGHYRQRVWDUHLQFRQWDWWRFRQODSDUHWH
SRVWHULRUHGHOIULJRULIHUR
x 5DIIUHGGDUHLOSLSRVVLELOHLFLELSULPDGL
FRQVHUYDUOL
x &RQVHUYDUHLFLELIUDJLOLHGHOLFDWLQHLOXRJKLSL
IUHGGLGHOO¶DSSDUHFFKLR
7HPSRGLFRQVHUYD]LRQHFLELQHOIULJRULIHUR
FLER
EXUUR
XRYD
FDUQHIUHVFKDLQXQSH]]R
IUHVFDPDFLQDWD
DIIXPLFDWD
SHVFL
PDULQDWH
UDGLFL
IRUPDJJLR
GROFL
IUXWWD
SLDWWLSURQWL
SHULRGRGLFRQVHUYD]LRQH1ƒJLRUQL
/HJHQGD SHULRGRFRQVLJOLDELOHGLFRQVHUYD]LRQH
SHULRGRSRVVLELOHGLFRQVHUYD]LRQH
&RQJHOD]LRQHGHLFLEL
x &RQJHODUHHVFOXVLYDPHQWHFLELFKHVRSSRUWDQR
EDVVHWHPSHUDWXUH,FLELGHYRQRHVVHUHIUHVFKL
HGLEXRQDTXDOLWj
x 8VDUHO
DSSRVLWRLPEDOODJJLRHFRQIH]LRQDUHL
FLELLQPRGRDGHJXDWR
/
LPEDOODJJLRGHYHHVVHUHSHUIHWWDPHQWH
HUPHWLFRSHUSUHYHQLUHO¶HVVLFFD]LRQHGHL
JHQHULDOLPHQWDULHOHSHUGLWHGHOOHYLWDPLQH
,VDFFKHWWLGHYRQRHVVHUHPRUELGLSHUDGHULUH
EHQHDOFRQWHQXWR
x 6FULYHUHVXOSDFFKHWWRLVHJXHQWLGDWLLOWLSROD
TXDQWLWjHODGDWDGLFRQJHOD]LRQHGHLFLEL
,VWUX]LRQLGLXVRHGLPRQWDJJLR
x (
LPSRUWDQWHFKHLFLELVLDQRFRQJHODWLLOSL
SUHVWRSRVVLELOH6LFRQVLJOLDSHUFLzGLIDUHL
SDFFKHWWLQRQWURSSRJUDQGLHGLUDIIUHGGDUHL
FLELSULPDGLPHWWHUOLQHOFRQJHODWRUH
x /DTXDQWLWjGHLFLELIUHVFKLFKHSXzHVVHUH
LQWURGRWWDQHOOHRUHqLQGLFDWDVXOODWDUJKHWWD
6HLQVHULWHXQDTXDQWLWjPDJJLRUHODTXDOLWjGL
FRQJHOD]LRQHqSHJJLRUHHGLPLQXLVFHDQFKHOD
TXDOLWjGHLFLELJLjVXUJHODWL
x $OODFRQJHOD]LRQHVXFFHVVLYDULSHWHUHLO
SURFHGLPHQWRGLFRQJHOD]LRQH,FLELIUHVFKLQRQ
GHYRQRWRFFDUHLSDFFKHWWLJLjFRQJHODWL
x 1RQELVRJQDFDPELDUHODSRVL]LRQHGHOOD
PDQRSRODWHUPRVWDWRSHUFRQJHODUHXQD
TXDQWLWjPLQLRUHILQRDGNJGLFLELYHGLLO
FDSLWROR6HOH]LRQHWHPSHUDWXUD
&RQVHUYD]LRQHGHLFLELVXUJHODWL
3URFHGLPHQWRGLFRQJHOD]LRQH
&RQVHUYDUHLFLELVXUJHODWLLQIRQGRRVROODULSLDQR
GHOFRQJHODWRUH
x RUHSULPDGLSURFHGHUHDOODFRQJHOD]LRQH
LPSRVWDUHODPDQRSRODWHUPRVWDWRDOOD
SRVL]LRQH3HULOPRGHOORFRQO¶LQWHUUXWWRUH
SHULOUDIIHGGDPHQWRLQWHQVLYRELVRJQD
LQVHULUOR&ROORFDUHSRLLFLELIUHVFKLVXOULSLDQR
GHOFRQJHODWRUH&LUFDRUHGRSR
O
LQWURGX]LRQHGHLFLELIUHVFKLLPSRVWDUH
VHFRQGRLOELVRJQRODPDQRSRODWHUPRVWDWRDOOD
SRVL]LRQHRSHUDWLYDYHGHUHLOFDSLWROR
ª6HOH]LRQHWHPSHUDWXUD©HGLVLQVHULUH
O
LQWHUUXWWRUHGLFXLqGRWDWRO
DSSDUHFFKLR
VXGGHWWR
/¶LQWHUUXWWRUHqLQVHULWRTXDQGRODPDUFDWXUD,
$FTXLVWRGHLVXUJHODWL
/HFRQIH]LRQLGHLVXUJHODWLSRUWDQRO
LQGLFD]LRQH
FROSHULRGRHODWHPSHUDWXUDGLFRQVHUYD]LRQH
3HUODFRQVHUYD]LRQHHLOFRQVXPRDWWHQHUVLDOOH
LVWUX]LRQLGHOODFDVDSURGXWWULFH$OO
DFTXLVWR
DVVLFXUDUVLFKHLFLELDEELDQRODFRQIH]LRQH
DGHJXDWDGRWDWDGHLGDWLQHFHVVDULHFKHLFLEL
VLDQRFRQVHUYDWLQHLFRQJHODWRULDOODWHPSHUDWXUD
GLDOPHQRƒ&1RQFRPSUDUHVXUJHODWLDYYROWL
QHOODEULQDSHUFKpFLzVLJQLILFDFKHVRQRVWDWLJLj
VFRQJHODWLSLYROWH3URWHJJHUHLFLELFRQWUROD
VFRQJHOD]LRQH8QDXPHQWRGLWHPSHUDWXUDSXz
GLPLQXLUHLOWHPSRGLFRQVHUYD]LRQHHLQIOXLUHVXOOD
ORURTXDOLWj
RODPDUFDWXUDFRORUDWDqYLVLELOHH
GLVLQVHULWRTXDQGRqYLVLELOHODPDUFDWXUD VXOO¶LQWHUUXWWRUHRODPDUFDWXUDFRORUDWDQRQq
YLVLELOHVRORDOFXQLPRGHOOL
7HPSRDSSURVVLPDWLYRGLFRQVHUYD]LRQHGHLVXUJHODWL
FLER
YHUGXUD
IUXWWD
SDQHGROFL
ODWWH
SLDWLSURQWL
FDUQHGLEXH
GLYLWHOOR
GLPDLDOH
SROODPH
VHOYDJJLQD
PDFLQDWD
VDOVLFFLDDIIXPLFDWD
SHVFHPDJUR
JUDVVR
IUDWWDJOLH
SHULRGRGLFRQVHUYD]LRQH1ƒPHVL
,VWUX]LRQLGLXVRHGLPRQWDJJLR
6FRQJHODPHQWRGHLVXUJHODWL
&RQVXPDUHLOSLjSUHVWRSRVVLELOHLFLEL
SDU]LDOPHQWHVFRQJHODWL,OIUHGGRFRQVHUYDJOL
DOLPHQWLPDQRQGLVWUXJJHLPLFURRUJDQLVPL
DWWLYDWLGRSRORVFRQJHODPHQWRFKHSRVVRQR
GHWHULRUDUHLSURGRWWLFRQVHUYDWL
/RVFRQJHODPHQWRSDU]LDOHGLPLQXLVFHLOYDORUH
QXWULWLYRGHJOLDOLPHQWLVRSUDWWXWWRGHOODIUXWWD
YHUGXUDHSLDWWLSURQWL
3URGX]LRQHJKLDFFLR
6HYROHWHIDUHLOJKLDFFLRVLFRQVLJOLDSRVL]LRQDUH
ODPDQRSRODWHUPRVWDWRQHOODPHGLDSRVL]LRQH
5LHPSLWHODEDFLQHOODJKLDFFLRILQRDFRQ
DFTXDIUHGGDRFRQXQDOWUROLTXLGRDGDWWRDO
FRQJHODPHQWRHLQVHULWHODQHOOHJXLGHEDFLQHOODR
SRVL]LRQDWHODVRSUDODSLDVWUDUHIULJHUDQWH
,OWHPSRSHUODIRUPD]LRQHGHOJKLDFFLRGLSHQGH
GDOODWHPSHUDWXUDDPELHQWDOHGHOYDQR
GDOO
LPSRVWD]LRQHGHOWHUPRVWDWRHGDOOD
IUHTXHQ]DGLDSHUWXUDGHOODSRUWDRFFRUURQR
RUHGLSHQGHGDOIULJRULIHURJUDQGH]]DGHOOH
SLDVWUHUHIULJHUDQWL
,QFDVRGLDSSDUHFFKLSLjSLFFROLHQHOSHULRGRGL
FRQVXPRDXPHQWDWRVLFRQVLJOLDGLSURGXUUH
XQDVFRUWDGLJKLDFFLRVLSXzFRQVHUYDUHLFXEHWWL
LQXQDEDFLQHOODFKLXVD,FXEHWWLHVFRQRGDOOD
EDFLQHOODVHODULYROWLDPRYHUVLDPRXQSR
G
DFTXDFRUUHQWHIUHGGDVXOODVWHVVDHOD
SLHJKLDPRXQSz
,VWUX]LRQLGLXVRHGLPRQWDJJLR
0DQXWHQ]LRQHHSXOL]LD
6EULQDPHQWRDXWRPDWLFRGHO
IULJRULIHUR
1RQqQHFHVVDULRVFRQJHODUHLOIULJRULIHURSHUFKq
ODEULQDVXOODSDUHWHSRVWHULRUHVLVEULQDLQPRGR
DXWRPDWLFR
/DEULQDVLIRUPDVXOODSDUHWHSRVWHULRUHGXUDQWHLO
IXQ]LRQDPHQWRGHOFRPSUHVVRUHHVLVEULQD
TXDQGRLOFRPSUHVVRUHQRQIXQ]LRQD/HJRFFLH
VFLYRODQRYHUVRLOEDVVRHDWWUDYHUVRLOIRURQHOOD
SDUHWHSRVWHULRUHVLVFRODQRQHOODEDFLQHOOD
SRVL]LRQDWDVXOFRPSUHVVRUHGDGRYHHYDSRUDQR
6EULQDPHQWRPDQXDOHGHOOR
VFRPSDUWRGLFRQJHOD]LRQH
1HOO
LQWHUQRGHOORVFRPSDUWRVLIRUPDODEULQDRLO
JKLDFFLRFKHVLGHYHWRJOLHUHTXDQGRUDJJLXQJH
XQRVSHVVRUHGDPP
x *LUDUHODPDQRSRODWHUPRVWDWRDOODSRVL]LRQH
6723HLQWHUURPSHUHO
DOLPHQWD]LRQHGHOOD
FRUUHQWH6YXRWDUHORVFRPSDUWRHSURWHJJHUHL
FLELFRQWURODVFRQJHOD]LRQH
x 0HWWHUHXQUHFLSLHQWHVRWWRORVFRPSDUWRSHU
UDFFRJOLHUHO
DFTXDVEULQDWD
3HUDFFHOHUDUHORVEULQDPHQWRODVFLDUHDSHUWR
ORVSRUWHOOR
x 1RQXVDUHLYDSRUL]]DWRULSHUORVEULQDPHQWR
SRVVRQRVFLRJOLHUHOHSDUWLLQSODVWLFDHGHVVHUH
GDQQRVLDOODVDOXWH
3XOL]LDGHOO
DSSDUHFFKLR
3ULPDGLSURFHGHUHDOODSXOL]LDVWDFFDUHOD
VSLQDGDOODUHWHHOHWWULFD1RQXVDUHGHJOL
DEUDVLYLSHUQRQGDQQHJJLDUHODVXSHUILFLH
'XUDQWHODSXOL]LDIDUHO¶DWWHQ]LRQHGLHOLPLQDUH
WXWWHOHWUDFFHGHLGHWHUVLYL
x 3XOLUHO
HVWHUQRGHOO
DSSDUHFFKLRFRQO
DFTXDH
GHWHUJHQWHOLTXLGR
/HVXSHUILFLODFFDWHSXOLUHFRQXQVWURILQDFFLR
PRUELGRHFRQXQGHWHUVLYRDEDVHG¶DOFROSHU
HVHPSLRLOGHWHUVLYRSHUODSXOL]LDGHLYHWUL
3RWHWHXVDUHDQFKHSXURDOFRODOFRROHWLOLFR
1RQXVDUHLSURGRWWLDEUDVLYLRDJJUHVLYLFRPH
GHWHUVLYLSHUO
DFFLDLRLQR[SHUODSXOL]LDGLSDUWL
ODFFDWHHGLSODVWLFD
x 5LPXRYHUHJOLDFFHVVRULHVWUDLELOLGHOO
LQWHUQR
HSXOLUJOLFRQO
DFTXDHGHWHUJHQWHOLTXLGR1RQ
ODYDUHOHSDUWLSODVWLFKHQHOODODYDVWRYLJOLH
x 3XOLUHO
LQWHUQRFRQO
DFTXDWLHSLGDDOODTXDOH
YLHQHDJJLXQWRXQSRG
DFHWR
x ,OFRQGHQVDWRUHSRVWRVXOODSDUWHSRVWHULRUH
GHOO
DSSDUHFFKLRGRYUHEEHHVVHUHSXOLWR
SHULRGLFDPHQWHFRQXQDVSD]]RODPRUELGDQRQ
PHWDOOLFDRFRQXQDVSLUDSROYHUH
x 3XOLUHDQFKHODYDVFKHWWDVRSUDLOFRPSUHVVRUH
QRQWRJOLHUOD
$SXOL]LDXOWLPDWDULFROOHJDUHO
DSSDUHFFKLRDOOD
UHWHHOHWWULFDULPHWWHWHORLQIXQ]LRQDPHQWRH
ULSRUUHLFLELQHOO
DSSDUHFFKLR
'LVLQVHULPHQWRGHOO
DSSDUHFKLR
4XDORUDLOIULJRULIHURGRYHVVHULPDQHUHIXRULXVR
SHUOXQJRWHPSRSRVL]LRQDUHODPDQRSRODGHO
WHUPRVWDWRD6723/
DSSDUHFFKLRGHYH
HVVHUHGLVLQVHULWRGDOO
DOLPHQWD]LRQHHOHWWULFD
YXRWDWRVEULQDWRHSXOLWR/DVFLDUHODSRUWD
VRFFKLXVD
,VWUX]LRQLGLXVRHGLPRQWDJJLR
(OLPLQD]LRQHGLIHWWL
'XUDQWHLOIXQ]LRQDPHQWRUHJRODUH
GHOO
DSSDUHFFKLRVLSRVVRQRYHULILFDUHO
LUUHJRODULWD
GHOIXQ]LRQDPHQWR4XLGLVHJXLWRVRQRLQGLFDWL
DOFXQLGLIHWWLFDXVDWLSHUORSLjGDXQLPSLHJR
HUUDWRFKHVLSRVVRQRHOLPLQDUHIDFLOPHQWH
/
DSSDUHFFKLRQRQIXQ]LRQDEHQFKq
FROOHJDWRDOODUHWHHOHWWULFD
x &RQWUROODUHVHODSUHVDGLFRUUHQWHVLDVRWWR
WHQVLRQHHFKHO
DSSDUHFFKLRVLDLQVHULWR
PDQRSRODWHUPRVWDWRDOODSRVL]LRQHGL
IXQ]LRQDPHQWR
,OVLVWHPDUHIULJHUDQWHIXQ]LRQDLQ
PRGRFRQWLQXRSHUXQSHULRGRSLj
OXQJR
x /
DSHUWXUDSRUWDWURSSRIUHTXHQWHRSRUWDDSHUWD
SHUXQSHULRGRWURSSROXQJR
x /DSRUWDFKLXVDLQPRGRLUUHJRODUHXQRVWDFROR
SRUWDDEEDVVDWDJXDUQL]LRQHGDQQHJJLDWD
x &DULFDWDXQDTXDQWLWjWURSSRJUDQGHGHLFLEL
IUHVFKL
x ,OUDIIUHGGDPHQWRGHOFRPSUHVVRUHH
FRQGHQVDWRUHQRQVRGGLVIDFHQWHFRQWUROODUHOD
FLUFROD]LRQHG
DULDGLHWURO
DSSDUHFFKLRHSXOLUHLO
FRQGHQVDWRUH
x ,OSXOVDQWHSHULOUDIIUHGGDPHQWRLQWHQVRDFFHVR
YHGLFDSLWROR&RQJHODPHQWRDOLPHQWL
$FFXPXOD]LRQHGHOJKLDFFLRVXOOD
SLDVWUDUHIULJHUDQWHGHOIULJRULIHUR
(
DVVLFXUDWRORVEULQDPHQWRDXWRPDWLFRGHO
IULJRULIHURVHO
DFTXDVFRUUHQHOODVFDQDODWXUDH
WUDPLWHO
DSHUWXUDQHOODEDFLQHOODFKHVLWURYDVXO
FRPSUHVVRUH
1HOFDVRFKHVLIRUPDXQRVWUDWRHFFHVVLYRGHO
JKLDFFLRVXOODSLDVWUDUHIULJHUDQWHPP
VEULQDUHLOIULJRULIHURLQPRGRPDQXDOH5XRWDUHOD
PDQRSRODWHUPRVWDWRDOODSRVL]LRQH6723H
ODVFLDUHDSHUWDODSRUWDGHOIULJRULIHUR1RQ
VELULQDUHLOJKLDFFLRFRQJOLDSSDUHFFKLHOHWWULFL
DVFLXJDFDSHOOLRVLPLOLHQRQULPXRYHUORFRQ
RJJHWWLWDJOLHQWL
$VEULQDPHQWRXOWLPDWRUXRWDUHODPDQRSRODDOOD
SRVL]LRQHYROXWDHFKLXGHUHODSRUWDGHOIULJRULIHUR
/DIRUPD]LRQHHFFHVVLYDGHOJKLDFFLRqOD
FRQVHJXHQ]D
GHOODWHQXWDFDWWLYDGHOODSRUWDSXOLUHR
FDPELDUHODJXDUQL]LRQHVSRUFDRGDQQHJJLDWD
GHOODDSHUWXUDWURSSRIUHTXHQWHGHOODSRUWDR
SRUWDDSHUWDWURSSROXQJR
G
LQWURGX]LRQHGHLFLELFDOGLQHOIULJRULIHUR
,FLELRLOFRQWHQLWRUHLQFRQWDWWRFRQODSDUHWH
SRVWHULRUHQHOO
LQWHUQRGHOIULJRULIHUR
/
DFTXDVFRUUHGDOIULJRULIHUR
/
DFTXDVFRUUHGDOIULJRULIHURTXDQGRLOIRURGL
VFDULFRDFTXDqRWWXUDWRRTXDQGRO
DFTXD
VEULQDWDQRQJRFFLRODQHOODVFDQDODWXUDSUHYLVWD
SHUUDFFRJOLPHQWRGHOO
DFTXD
x 3XOLUHLOIRURRWWXUDWRFRQXQDFDQQXFFLDSHU
HVHPSLR
x 6EULQDUHORVWUDWRWURSSRJUDQGHGHOJKLDFFLRLQ
PRGRPDQXDOH
x 6EULQDUHORVWUDWRWURSSRJUDQGHGHOJKLDFFLRLQ
PRGRPDQXDOHYHGLLOFDSLWROR$FFXPXOD]LRQH
GHOJKLDFFLRVXOODSLDVWUDUHIULJHUDQWHGHO
IULJRULIHUR
5XPRUH
,OUDIIUHGGDPHQWRQHJOLDSSDUHFFKLIULJRULIHULH
FRQJHODWRULDYYLHQHWUDPLWHLOVLVWHPDUHIULJHUDQWH
HFRPSUHVVRUHHFLzSURYRFDODJHQHUD]LRQHGL
XQFHUWRUXPRUH,OOLYHOORGHOUXPRUHGLSHQGH
GDOODSRVL]LRQHGDOO
LPSLHJRUHJRODUHHGDOWHPSR
G
XWLOL]]RGHOO
DSSDUHFFKLR
x $OIXQ]LRQDPHQWRGHOFRPSUHVVRUHSXz
HVVHUHVHQWLWRLOUXPRUHGHOOLTXLGRHGXUDQWHLO
ULSRVRLOIOXVVRGHOUHIULJHUDQWH4XHVWLVXRQL
VRQRQRUPDOLHQRQLQIOXLVFRQRDOODYLWD
GHOO
DSSDUHFFKLR
x $OODPHVVDLQIXQ]LRQHLOIXQ]LRQDPHQWRGHO
FRPSUHVVRUHRLOIOXVVRGHOUHIULJHUDQWHSXz
HVVHUHSLjIRUWHWXWWDYLDQRQVLJQLILFDLOGLIHWWRH
QRQLQIOXLVFHDOODYLWDGHOO
DSSDUHFFKLR,OUXPRUH
GLPLQXLVFHFROWHPSRHIXQ]LRQDPHQWR
GHOO
DSSDUHFFKLR
x 7DOYROWDVLYHULILFDLOUXPRUHVWUDRUGLQDULRR
SLjIRUWHQHOIXQ]LRQDPHQWRGHOO
DSSDUHFFKLR
FKHqJHQHUDOPHQWHODFRQVHJXHQ]DGHO
SRVL]LRQDPHQWRLQRSSRUWXQR
/
DSSDUHFFKLRGHYHHVVHUHSRVL]LRQDWRVXXQ
IRQGDPHQWRVWDELOHHRUL]]RQWDOH
1RQGHYHHVVHUHSRVL]LRQDWRLQFRQWDWWRFRQLO
PXURRPRELOLGLFXFLQD
&RQWUROODUHLOSRVL]LRQDPHQWRUHJRODUHGHJOL
DFFHVVRULGHOO
LQWHUQRGHOIULJRULIHUR/H
ERWWLJOLHLIODFRQLRDOWULUHFLSLHQWLFRQWLJXL
SRVVRQRSURYRFDUHXQDFFLRWWROLR
,VWUX]LRQLGLXVRHGLPRQWDJJLR
&DPELRODPSDGLQDG
LOOXPLQD]LRQH
LQWHUQD
3ULPDGLSURFHGHUHDOFDPELRGHOODODPSDGLQD
WRJOLHUHODVSLQDGDOODSUHVD
&RPSULPHUHFRQOHGLWDLOFRSHUFKLRQHOOD
GLUH]LRQHGHOODIUHFFLDSHUIDUORVFDWWDUIXRUL
GDOODVXDSRVL]LRQH5LPXRYHUHSRLLOFRSHUFKLR
QHOODGLUH]LRQHGHOODIUHFFLDHVRVWLWXLUHOD
ODPSDGLQDGLIHWWRVDFRQXQDQXRYD(PD[
:
1RQJHWWDUHODODPSDGLQDWUDLULILXWLRUJDQLFL
/DODPSDGLQDqLOPDWHULDOHGLFRQVXPRSHULO
TXDOHQRQGLDPRODJDUDQ]LD
/$&$6$352'8775,&(6,5,6(59$,/',5,772'(//(02',),&+(121
$/7(5$1'2,/)81=,21$0(172'(//
$33$5(&&+,2
,VWUX]LRQLGLXVRHGLPRQWDJJLR
,VWUX]LRQLSHUO
LQVWDOOD]LRQH
/
LVWUX]LRQLSHUO
LQVWDOOD]LRQHGHJOLDSSDUHFFKL
IULJRULIHULFRQJHODWRULVRQRVFULWWHSHULWHFQLFL
/
LQVWDOOD]LRQHHFROOHJDPHQWRGHOO
DSSDUHFFKLR
GHYRQRHVVHUH
HVHJXLWLLQFRQIRUPLWjDOOHQRUPHHSUHVFUL]LRQL
YLJHQWL
/
LVWUX]LRQLVLSRVVRQRXVDUHSHUGLYHUVL
WLSLPRGHOOLGHJOLDSSDUHFFKLSHUFLzqSRVVLELOH
FKHGHVFULYRQRLSURFHGLPHQWLQRQQHFHVVDULSHU
LOYRVWURDSSDUHFFKLR
$PP
0LVXUHG
LQJRPEURH
UDIIUHGGDPHQWRDSSDUHFFKLR
/
DSSDUHFFKLRGHYHHVVHUHLQVWDOODWRDOPRGRGL
SHUPHWWHUHODFLUFROD]LRQHOLEHUDGHOO
DULDSHUFKH
ODSDUWHSRVWHULRUHVLULVFDOGDGXUDQWHLO
IXQ]LRQDPHQWRHO
DFTXDGHOFRQWHQLWRUHVXO
FRPSUHVVRUHHYDSRUD
x /R]RFFRORGHOPRELOHQHOTXDOHYLHQHLQVWDOODWR
O
DSSDUHFFKLRLQWHJUDWRGHYHDYHUHO
DSHUWXUDGL
DOPHQRFPðFKHSHUPHWWHOLEHURSDVVDJJLR
G
DULDGLUDIIUHGGDPHQWR
x )DUHDWWHQ]LRQHGLQRQFRSULUHODDSHUWXUDGHO
FDQDOHG
XVFLWDDULDLQDOWR
%PP
,VWUX]LRQLGLXVRHGLPRQWDJJLR
3RUWHUHYHUVLELOL
6HLOVHQVRG
DSHUWXUDSRUWDQRQFRUULVSRQGHDOOH
QHFHVVLWjGHOXWHQWHqSRVVLELOHFDPELDUOR,IRUL
QHFHVVDULDOODSDUWHRSSRVWDGHOIDVFLDPH
DSSDUHFFKLRVRQRJLjSUHSDUDWLHFRSHUWLFRQL
WDSSL
x 7RJOLHUHLOFRSHUFKLHWWRGHOODFHUQLHUDVXSHULRUH
VYLWDUHODFHUQLHUDHWRJOLHUHODSRUWD
GHOO
DSSDUHFFKLRODFHUQLHUDPHGLDVHUYHVROR
G
DSSRJJLR
x 6YLWDUHLOOLVWHOORVXSHULRUHHVSRVWDUORDOODSDUWH
RSSRVWDGHOIDVFLDPHDSSDUHFFKLRHDYYLWDUH
x 7RJOLUHODURQGHOODGDOODFHUQLHUDLQIHULRUHH
JLUDQGRLQVHQVRRUDULRVYLWDUHLOSHUQRGHOOD
FHUQLHUDLQIHULRUH
x 3RVL]LRQDUHLOSHUQRHODURQGHOODQHOVHQVR
FRQWUDULRQHOIRURGHOODFHUQLHUDLQIHULRUHDOOD
SDUWHRSSRVWDGHOO
DSSDUHFFKLR
x 7RJOLHUHJOLHOHPHQWLDQJRODULGHOODSRUWDHG
LQWHUFDPELDUJOLWUDGLORURDOSRVWRGHOO
HOHPHQWR
DQJRODUHFRQIRURSRVL]LRQDUHO
HOHPHQWR
DQJRODUHVHQ]DLOIRURHYLFHYHUVD
x 0HWWHUHODSRUWDDSSDUHFFKLRVXOODFHUQLHUD
LQIHULRUH
x $YYLWDUHODFHUQLHUDVXSHULRUHHULPHWWHUHLO
FRSHUFKLHWWR
x 6SRVWDUHOHJXLGHGHJOLVFLYROLDOODSDUWH
RSSRVWDGHOODSRUWD
x 7DSSDUHLIRULDOODSDUWHRSSRVWDFRQLWDSSL
x &RQWUROODUHLQILQHODWHQXWDGHOOHJXDUQL]LRQL
PDJQHWLFKHODJXDUQL]LRQHQRQGHYHHVVHUH
VFKLDFFLDWDHGHYHDVVLFXUDUHXQDWHQXWD
EXRQD1HOFDVRGLQRQDGHUHQ]DHVWUDUORH
JLUDUORSHUƒ
,QDOFXQLPRGHOOLOHJXDUQL]LRQLGHOODSRUWDQRQ
SRVVRQRHVVHUHVRVWLWXLWH
4XDQGRODJXDUQL]LRQHSRVWDVXOO
DSSDUHFFKLR
QRQDSSRJJLDEHQHELVRJQDVFDOGDUODGDOOD
JLXVWDGLVWDQ]DSHFRQLOSKRQSHULFDSHOOLH
ªWLUDUOD©ILQRDOO
DOWH]]DQHFHVVDULD
&RSHUFKLHWWRFHUQLHUDVXSHULRUH
&HUQLHUDVXSHULRUH
/LVWHOORVXSHULRUH
*XLGDVFLYROR
5RQGHOODFHUQLHUDLQIHULRUH
3HUQRFHUQLHUDLQIHULRUH
&HUQLHUDLQIHULRUH
(OHPHQWRDQJRODUHVHQ]DIRUR
(OHPHQWRDQJRODUHFRQIRUR
6SRUWHOORUHYHUVLELOHGHOOR
VFRPSDUWRDEDVVDWHPSHUDWXUD
x 6YLWDUHLOJDQFLRHODFHUQLHUDGHOORVSRUWHOOR
VFRPSDUWRDEDVVDWHPSHUDWXUDHWRJOLHUHOR
VSRUWHOOR
x 7DSSDUHLIRULFRQLWDSSLLQGRWD]LRQH
x 5XRWDUHORVSRUWHOORSHUƒHULPHWWHUORDOOD
SDUWHRSSRVWDGHOORVFRPSDUWRDEDVVD
WHPSHUDWXUDHDYYLWDUHODFHUQLHUDHLOJDQFLR
GHOORVSRUWHOORDLSRVWLQXRYLLIRULSHULO
ILVVDJJLRVRQRJLDLQGLFDWL
6SRUWHOORVFRPSDUWRDEDVVDWHPSHUDWXUD
*DQFLRVSRUWHOOR
&HUQLHUDVSRUWHOOR
,VWUX]LRQLGLXVRHGLPRQWDJJLR
,QVWDOOD]LRQH
x ,QVHULUHO
DSSDUHFFKLRQHOPRELOHSHUFFDPP
/DGLVWDQ]DWUDO
DSSDUHFFKLRHODWRPRELOH
RSSRVWRDOODSDUWHFRQOHFHUQLHUHGHYHHVVHUH
DOPHQRPPSHUWXWWDO
DOWH]]DGLVHJQR
x $SULUHTXDQWRSRVVLELOHODSRUWDGHOO
DSSDUHFFKLR
HHXQLUODFRQODSRUWDGHOPRELOHTXDQWRVHJXH
*XLGHGHLVFRUUHYROLLQGRWD]LRQHQHOODEXVWD
LQVLHPHFRQOHYLWL67[ILVVDUHVXLODWL
GHOO¶DSSDUHFFKLR&RSULUHLEXFKLVFRSHUWLFRQ
LWDSSLLQGRWD]LRQH
6WULQJHUHODSRUWDDSSDUHFFKLRFRQWURODSRUWD
PRELOHGLVHJQR
,QVHULUHJOLVFLYROLQHOOHDSSRVLWHJXLGHH
ILVVDUJOLPPGDOERUGRSRUWDGHOPRELOH
FRQOHYLWL$[GLVHJQR
7RJOLHUHOHJXLGHGHJOLVFLYROLHVHSDUDUHOD
SRUWDGHOO
DSSDUHFFKLRGDTXHOODGHOPRELOH
)LVVDUHJOLVFLYROLFRQDOWULYLWLHIDUH
DWWHQ]LRQHGLQRQPXRYHUHJOLVFLYROL
GLVHJQR
)LVVDUHOHJXLGHVFLYROLDOODSRVL]LRQH
SUHFHGHQWH
&KLXGHUHODSRUWDHFRQWUROODUHODFKLXVXUDH
ODWHQXWDODJXDUQL]LRQHQRQGHYHDYHUHOH
SDUWLVFKLDFFLDWH
127$
GLVHJQR
GLVHJQR
GLVHJQR
GLVHJQR
GLVHJQR
GLVHJQR
*OLDSSDUHFFKLGHOO
DOWH]]DPPVRQRGRWDWLGL
XQRVFLYRORHJXLGDVFLYROR
x )LVVDUHSRLO
DSSDUHFFKLRQHOPRELOH$OODWR
VXSHULRUHYLHQHILVVDWRDWWUDYHUVRLOOLVWHOOR
VXSHULRUHFRQWUHYLWL$[HDOIRQGR
DWWUDYHUVROHFHUQLHUHLQIHULRULFRQGXHYLWL
$[3HUOHYLWLIRUDUHLIRUL¡[GLVHJQR
x &KLXGHUHODIHVVXUDDOODSDUWHRSSRVWDGHOOD
FHUQLHUDDSSDUHFFKLRFRQODJXUDQL]LRQHLQ
GRWD]LRQHGLVHJQR
$77(1=,21(
'XUDQWHO
LQVWDOOD]LRQHQHOPRELOHO
DSSDUHFFKLR
QRQGHYHHVVHUHFROOHJDWRDOODUHWHHODPDQRSROD
WHUPRVWDWRGHYHHVVHUHLQSRVL]LRQH6723RLO
SXOVDQWHLQQHVWRGLVLQQHVWRGLVLQVHULWR
,VWUX]LRQLGLXVRHGLPRQWDJJLR
Scarica

Frigorifero con congelatore