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Educação e contabilidade: a valorização e transferência de conhecimento no espaço lusófono

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(1)

>ĞŝƌŝĂ͕ ^d'Ͳ/W>

ϳĚĞĞnjĞŵďƌŽĚĞϮϬϭϬ

hKKEd/>/

ǀĂůŽƌŝnjĂĕĆŽĞƚƌĂŶƐĨĞƌġŶĐŝĂ ĚĞĐŽŶŚĞĐŝŵĞŶƚŽ

ŶŽĞƐƉĂĕŽůƵƐſĨŽŶŽ

> Ƶ ş Ɛ  > / D   ^  E d K ^

KďũĞĐƚŝǀŽƐ

ƉƌĞƐĞŶƚĂƌĞŝĚĞŶƚŝĨŝĐĂƌůŝŶŚĂƐĚĞĐŽŶǀĞƌŐġŶĐŝĂŶĂƐĞƐƚƌƵƚƵƌĂƐĐŽŶĐĞƉƚƵĂŝƐ;ƉĂşƐĞƐ

ůƵƐſĨŽŶŽƐͿ͘

WĞƌĐĞďĞƌǀĂŶƚĂŐĞŶƐŶĂǀĂůŽƌŝnjĂĕĆŽĞƚƌĂŶƐĨĞƌġŶĐŝĂĚĞĐŽŶŚĞĐŝŵĞŶƚŽĞŶĂĐƌŝĂĕĆŽĚŽ

ĞƐƉĂĕŽůƵƐſĨŽŶŽĚĞĞĚƵĐĂĕĆŽĞĨŽƌŵĂĕĆŽĐŽŶƚĂďŝůşƐƚŝĐĂ͘

/ŶƚƌŽĚƵĕĆŽ ƉĂşƐĞƐůşŶŐƵĂƉŽƌƚƵŐƵĞƐĂ sŝƐĆŽ͗ϭŽƉŽƌƚƵŶŝĚĂĚĞ͊ KďũĞĐƚŝǀŽƐŝŶĨŽƌŵĂĕĆŽĨŝŶĂŶĐĞŝƌĂ ĂƌĂĐƚĞƌşƐƚŝĐĂƐƋƵĂůŝƚĂƚŝǀĂƐ WƌŝŶĐşƉŝŽƐĐŽŶƚĂďŝůşƐƚŝĐŽƐ ŽŶĐůƵƐƁĞƐ ƌŝƚĠƌŝŽƐĚĞǀĂůŽƌŝŵĞƚƌŝĂ ůĂƐƐĞƐĚĞĐŽŶƚĂƐ ĞŵŽŶƐƚƌĂĕƁĞƐĐŽŶƚĂďŝůşƐƚŝĐĂƐ ŽŶƚƌŝďƵŝĕƁĞƐĞƐƉĞƌĂĚĂƐ /ŵƉůŝĐĂĕƁĞƐ >ŝŵŝƚĂĕƁĞƐ >ŝŶŚĂƐĚĞŽƌŝĞŶƚĂĕĆŽ ŽŶĐůƵƐƁĞƐ dƌĂŶƐĨĞƌġŶĐŝĂĚĞĐŽŶŚĞĐŝŵĞŶƚŽ

(2)

ƚĂƉĂƐĚĂƌĞŐƵůĂŵĞŶƚĂĕĆŽĐŽŶƚĂďŝůşƐƚŝĐĂ

/ŶƚƌŽĚƵĕĆŽ ƉĂşƐĞƐůşŶŐƵĂƉŽƌƚƵŐƵĞƐĂ KďũĞĐƚŝǀŽƐŝŶĨŽƌŵĂĕĆŽĨŝŶĂŶĐĞŝƌĂ ĂƌĂĐƚĞƌşƐƚŝĐĂƐƋƵĂůŝƚĂƚŝǀĂƐ WƌŝŶĐşƉŝŽƐĐŽŶƚĂďŝůşƐƚŝĐŽƐ ƌŝƚĠƌŝŽƐĚĞǀĂůŽƌŝŵĞƚƌŝĂ ůĂƐƐĞƐĚĞĐŽŶƚĂƐ ĞŵŽŶƐƚƌĂĕƁĞƐĐŽŶƚĂďŝůşƐƚŝĐĂƐ sŝƐĆŽ͗ϭŽƉŽƌƚƵŶŝĚĂĚĞ͊ ŽŶĐůƵƐƁĞƐ ŽŶƚƌŝďƵŝĕƁĞƐĞƐƉĞƌĂĚĂƐ /ŵƉůŝĐĂĕƁĞƐ >ŝŵŝƚĂĕƁĞƐ >ŝŶŚĂƐĚĞŽƌŝĞŶƚĂĕĆŽ ŽŶĐůƵƐƁĞƐ dƌĂŶƐĨĞƌġŶĐŝĂĚĞĐŽŶŚĞĐŝŵĞŶƚŽ &ŽŶƚĞ͗ ĞůĂďŽƌĂĕĆŽ ƉƌſƉƌŝĂ͘ &ĂƐĞ/Ͳ DW1Z/ ĞdžƉĞƌŝġŶĐŝĂ &ĂƐĞ//Ͳ >M'/ ƌĂĐŝŽĐşŶŝŽůſŐŝĐŽͲĚĞĚƵƚŝǀŽ &ĂƐĞ///ʹ d>K>M'/ ŶĞĐĞƐƐŝĚĂĚĞƐĚŽƐƵƚŝůŝnjĂĚŽƌĞƐ

hŶŝĆŽƵƌŽƉĞŝĂ

/ŶƚƌŽĚƵĕĆŽ ƉĂşƐĞƐůşŶŐƵĂƉŽƌƚƵŐƵĞƐĂ sŝƐĆŽ͗ϭŽƉŽƌƚƵŶŝĚĂĚĞ͊ KďũĞĐƚŝǀŽƐŝŶĨŽƌŵĂĕĆŽĨŝŶĂŶĐĞŝƌĂ ĂƌĂĐƚĞƌşƐƚŝĐĂƐƋƵĂůŝƚĂƚŝǀĂƐ WƌŝŶĐşƉŝŽƐĐŽŶƚĂďŝůşƐƚŝĐŽƐ ŽŶĐůƵƐƁĞƐ ƌŝƚĠƌŝŽƐĚĞǀĂůŽƌŝŵĞƚƌŝĂ ůĂƐƐĞƐĚĞĐŽŶƚĂƐ ĞŵŽŶƐƚƌĂĕƁĞƐĐŽŶƚĂďŝůşƐƚŝĐĂƐ ŽŶƚƌŝďƵŝĕƁĞƐĞƐƉĞƌĂĚĂƐ /ŵƉůŝĐĂĕƁĞƐ >ŝŵŝƚĂĕƁĞƐ >ŝŶŚĂƐĚĞŽƌŝĞŶƚĂĕĆŽ ŽŶĐůƵƐƁĞƐ dƌĂŶƐĨĞƌġŶĐŝĂĚĞĐŽŶŚĞĐŝŵĞŶƚŽ

ϭϵϳϴ ŝƌĞĐƚŝǀĂϳϴͬϲϲϬͬ;ĐŽŶƚĂƐŝŶĚŝǀŝĚƵĂŝƐͿ

ϭϵϴϯ ŝƌĞĐƚŝǀĂϴϯͬϯϰϵͬ;ĐŽŶƚĂƐĐŽŶƐŽůŝĚĂĚĂƐͿ

ϭϵϴϰ ŝƌĞĐƚŝǀĂϴϰͬϮϱϯͬ;ŚĂďŝůŝƚĂĕƁĞƐĚŽƐĂƵĚŝƚŽƌĞƐͿ

ϭϵϴϲ ĂĚĞƐĆŽĚĞWŽƌƚƵŐĂůă

ϭϵϵϱ ĐŽŵƵŶŝĐĂĕĆŽĚŽŽŵŝƐƐĄƌŝŽDŽŶƚŝ

͞,ĂƌŵŽŶŝnjĂĕĆŽŽŶƚĂďŝůşƐƚŝĐĂ͗ƵŵĂŶŽǀĂĞƐƚƌĂƚĠŐŝĂƌĞůĂƚŝǀĂŵĞŶƚĞăŚĂƌŵŽŶŝnjĂĕĆŽŝŶƚĞƌŶĂĐŝŽŶĂů͟

ϮϬϬϬ ĐŽŵƵŶŝĐĂĕĆŽĚĂŽŵŝƐƐĆŽ

͞ƐƚƌĂƚĠŐŝĂĚĂhƉĂƌĂŽĨƵƚƵƌŽĞŵŵĂƚĠƌŝĂĚĞŝŶĨŽƌŵĂĕƁĞƐĨŝŶĂŶĐĞŝƌĂƐĂƉƌĞƐƚĂƌƉĞůĂƐĞŵƉƌĞƐĂƐ͟

ϮϬϬϭ ŝƌĞĐƚŝǀĂϮϬϬϭͬϲϱͬ;ũƵƐƚŽǀĂůŽƌͿ

ϮϬϬϮ ŝŶşĐŝŽĚĂĐŝƌĐƵůĂĕĆŽĚŽĞƵƌŽ

ϮϬϬϮ ZĞŐƵůĂŵĞŶƚŽϭϲϬϲͬϮϬϬϮ;ĂƉůŝĐĂĕĆŽĚĂƐ/&Z^Ϳ

ĂĐƚƵĂůŵĞŶƚĞ ĞŶĨŽƌĐĞŵĞŶƚ ;ĂƚĞŶĕĆŽ ăĂƉůŝĐĂĕĆŽ ĚĂƐ/^Ϳ

(3)

hŶŝĆŽƵƌŽƉĞŝĂͲ ſƌŐĆŽƐŶŽƌŵĂůŝnjĂĚŽƌĞƐ

/ŶƚƌŽĚƵĕĆŽ ƉĂşƐĞƐůşŶŐƵĂƉŽƌƚƵŐƵĞƐĂ sŝƐĆŽ͗ϭŽƉŽƌƚƵŶŝĚĂĚĞ͊ KďũĞĐƚŝǀŽƐŝŶĨŽƌŵĂĕĆŽĨŝŶĂŶĐĞŝƌĂ ĂƌĂĐƚĞƌşƐƚŝĐĂƐƋƵĂůŝƚĂƚŝǀĂƐ WƌŝŶĐşƉŝŽƐĐŽŶƚĂďŝůşƐƚŝĐŽƐ ŽŶĐůƵƐƁĞƐ ƌŝƚĠƌŝŽƐĚĞǀĂůŽƌŝŵĞƚƌŝĂ ůĂƐƐĞƐĚĞĐŽŶƚĂƐ ĞŵŽŶƐƚƌĂĕƁĞƐĐŽŶƚĂďŝůşƐƚŝĐĂƐ ŽŶƚƌŝďƵŝĕƁĞƐĞƐƉĞƌĂĚĂƐ /ŵƉůŝĐĂĕƁĞƐ >ŝŵŝƚĂĕƁĞƐ >ŝŶŚĂƐĚĞŽƌŝĞŶƚĂĕĆŽ ŽŶĐůƵƐƁĞƐ dƌĂŶƐĨĞƌġŶĐŝĂĚĞĐŽŶŚĞĐŝŵĞŶƚŽ

ƉŽůşƚŝĐŽ

ĐĐŽƵŶƚŝŶŐZĞŐƵůĂƚŽƌLJŽŵŵŝƚƚĞĞ;ZͿ

WƌĞƐŝĚĞŶƚĞ͗ŽŵŝƐƐĆŽƵƌŽƉĞŝĂ

DĞŵďƌŽƐ͗ZĞƉƌĞƐĞŶƚĂŶƚĞƐĚŽƐƐƚĂĚŽƐDĞŵďƌŽƐ

ƚĠĐŶŝĐŽ

ƵƌŽƉĞĂŶ&ŝŶĂŶĐŝĂůZĞƉŽƌƚŝŶŐĚǀŝƐŽƌLJ'ƌŽƵƉ;&Z'Ϳ

DĞŵďƌŽƐ͗ƵƚŝůŝnjĂĚŽƌĞƐ͕ƉƌĞƉĂƌĂĚŽƌĞƐ͕ƉƌŽĨŝƐƐĆŽĐŽŶƚĂďŝůşƐƚŝĐĂ

ĞĞŶƚŝĚĂĚĞƐŶŽƌŵĂůŝnjĂĚŽƌĂƐŶĂĐŝŽŶĂŝƐ

ŽďũĞĐƚŝǀŽ

͞ƵŵŵĞƌĐĂĚŽ

;ďŽůƐĂͿ

͕ƵŵĂŵŽĞĚĂ

;ĞĐŽŶŽŵŝĂͿ

͕ƵŵĂĐŽŶƚĂďŝůŝĚĂĚĞ

;ĨŝƐĐĂůŝĚĂĚĞĞĂƵĚŝƚŽƌŝĂͿ

͟

/^

/ŶƚƌŽĚƵĕĆŽ ƉĂşƐĞƐůşŶŐƵĂƉŽƌƚƵŐƵĞƐĂ sŝƐĆŽ͗ϭŽƉŽƌƚƵŶŝĚĂĚĞ͊ KďũĞĐƚŝǀŽƐŝŶĨŽƌŵĂĕĆŽĨŝŶĂŶĐĞŝƌĂ ĂƌĂĐƚĞƌşƐƚŝĐĂƐƋƵĂůŝƚĂƚŝǀĂƐ WƌŝŶĐşƉŝŽƐĐŽŶƚĂďŝůşƐƚŝĐŽƐ ŽŶĐůƵƐƁĞƐ ƌŝƚĠƌŝŽƐĚĞǀĂůŽƌŝŵĞƚƌŝĂ ůĂƐƐĞƐĚĞĐŽŶƚĂƐ ĞŵŽŶƐƚƌĂĕƁĞƐĐŽŶƚĂďŝůşƐƚŝĐĂƐ ŽŶƚƌŝďƵŝĕƁĞƐĞƐƉĞƌĂĚĂƐ /ŵƉůŝĐĂĕƁĞƐ >ŝŵŝƚĂĕƁĞƐ >ŝŶŚĂƐĚĞŽƌŝĞŶƚĂĕĆŽ ŽŶĐůƵƐƁĞƐ dƌĂŶƐĨĞƌġŶĐŝĂĚĞĐŽŶŚĞĐŝŵĞŶƚŽ

ϭϵϳϯ

&ƵŶĚĂĕĆŽĂϮϵĚĞ:ƵŶŚŽ

ϭϵϳϰ

WƵďůŝĐĂĕĆŽ/^ϭ

ϭϵϳϲ

'ϭϬ;ĚŝƌĞĐƚŽƌĞƐďĂŶĐŽƐͿ

ϭϵϳϳ

ZĞůĂĕĆŽĐŽŵ/&

ϭϵϳϵ

ZĞůĂĕĆŽĐŽŵK

ϭϵϴϬ

ZĞůĂĕĆŽĐŽŵKEh

ϭϵϴϭ

&ŽƌŵĂĕĆŽ'ƌƵƉŽŽŶƐƵůƚŝǀŽ

ϭϵϴϰ

DĞĞƚŝŶŐ ĐŽŵh^^

ϭϵϴϳ

/K^K ŶŽ'ƌƵƉŽŽŶƐƵůƚŝǀŽĞϭ͘ǑǀŽůƵŵĞĚĞ/^

ϭϵϴϴ

&^ ŶŽ'ƌƵƉŽŽŶƐƵůƚŝǀŽ

ϭϵϴϵ

ZĞůĂĕĆŽĐŽŵ&

ϭϵϵϬ

ŶŽ'ƌƵƉŽŽŶƐƵůƚŝǀŽ

ϭϵϵϰ

ZĞůĂĕĆŽĐŽŵtŽƌůĚ ĂŶŬ

ϭϵϵϳ

/^ ŶĂŝŶƚĞƌŶĞƚ

ϭϵϵϴ

/^ ƉƵďůŝĐĂĚĂƐĞŵZKDĞĐŽŶĐůƵƐĆŽĐŽƌĞƐƚĂŶĚĂƌĚƐ ;ϯϵͿͲ /K^K

ϭϵϵϵ

DŝŶŝƐƚƌŽƐ&ŝŶĂŶĕĂƐ'ϳн&D/

(4)

/^→

/^

/ŶƚƌŽĚƵĕĆŽ ƉĂşƐĞƐůşŶŐƵĂƉŽƌƚƵŐƵĞƐĂ sŝƐĆŽ͗ϭŽƉŽƌƚƵŶŝĚĂĚĞ͊ KďũĞĐƚŝǀŽƐŝŶĨŽƌŵĂĕĆŽĨŝŶĂŶĐĞŝƌĂ ĂƌĂĐƚĞƌşƐƚŝĐĂƐƋƵĂůŝƚĂƚŝǀĂƐ WƌŝŶĐşƉŝŽƐĐŽŶƚĂďŝůşƐƚŝĐŽƐ ŽŶĐůƵƐƁĞƐ ƌŝƚĠƌŝŽƐĚĞǀĂůŽƌŝŵĞƚƌŝĂ ůĂƐƐĞƐĚĞĐŽŶƚĂƐ ĞŵŽŶƐƚƌĂĕƁĞƐĐŽŶƚĂďŝůşƐƚŝĐĂƐ ŽŶƚƌŝďƵŝĕƁĞƐĞƐƉĞƌĂĚĂƐ /ŵƉůŝĐĂĕƁĞƐ >ŝŵŝƚĂĕƁĞƐ >ŝŶŚĂƐĚĞŽƌŝĞŶƚĂĕĆŽ ŽŶĐůƵƐƁĞƐ dƌĂŶƐĨĞƌġŶĐŝĂĚĞĐŽŶŚĞĐŝŵĞŶƚŽ

/^&/ŶƚĞƌŶĂƚŝŽŶĂůĐĐŽƵŶƚŝŶŐ^ƚĂŶĚĂƌĚƐŽŵŵŝƚƚĞĞ&ŽƵŶĚĂƚŝŽŶ

/^

/ŶƚĞƌŶĂƚŝŽŶĂůĐĐŽƵŶƚŝŶŐ^ƚĂŶĚĂƌĚƐŽĂƌĚ

ŶŽǀĂĞƐƚƌƵƚƵƌĂĐŽŶĐĞƉƚƵĂů

/&Z^

/&Z/

/ŶƚĞƌŶĂƚŝŽŶĂů&ŝŶĂŶĐŝĂůZĞƉŽƌƚŝŶŐ /ŶƚĞƌƉƌĞƚĂƚŝŽŶƐŽŵŵŝƚƚĞĞ

ŝŶƚĞƌƉƌĞƚĂĕƁĞƐăƐ/&Z^/&Z/

^

^ƚĂŶĚĂƌĚƐĚǀŝƐŽƌLJŽƵŶĐŝů

ĂĐŽŶƐĞůŚĂƌ/^

'^

'ůŽďĂůĐĐŽƵŶƚŝŶŐ^ƚĂŶĚĂƌĚƐ

͘͘͘

ϮϬϬϱ

Ƶŵ͞ŶŽǀŽ͟ŵŽĚĞůŽĐŽŶƚĂďŝůşƐƚŝĐŽ

'ůŽďĂůŝnjĂĕĆŽǀƐ ŽŵƉĂƌĂďŝůŝĚĂĚĞ

/ŶƚƌŽĚƵĕĆŽ ƉĂşƐĞƐůşŶŐƵĂƉŽƌƚƵŐƵĞƐĂ KďũĞĐƚŝǀŽƐŝŶĨŽƌŵĂĕĆŽĨŝŶĂŶĐĞŝƌĂ ĂƌĂĐƚĞƌşƐƚŝĐĂƐƋƵĂůŝƚĂƚŝǀĂƐ WƌŝŶĐşƉŝŽƐĐŽŶƚĂďŝůşƐƚŝĐŽƐ ƌŝƚĠƌŝŽƐĚĞǀĂůŽƌŝŵĞƚƌŝĂ ůĂƐƐĞƐĚĞĐŽŶƚĂƐ ĞŵŽŶƐƚƌĂĕƁĞƐĐŽŶƚĂďŝůşƐƚŝĐĂƐ sŝƐĆŽ͗ϭŽƉŽƌƚƵŶŝĚĂĚĞ͊ ŽŶĐůƵƐƁĞƐ ŽŶƚƌŝďƵŝĕƁĞƐĞƐƉĞƌĂĚĂƐ /ŵƉůŝĐĂĕƁĞƐ >ŝŵŝƚĂĕƁĞƐ >ŝŶŚĂƐĚĞŽƌŝĞŶƚĂĕĆŽ ŽŶĐůƵƐƁĞƐ dƌĂŶƐĨĞƌġŶĐŝĂĚĞĐŽŶŚĞĐŝŵĞŶƚŽ

,ĂƌŵŽŶŝnjĂĕĆŽĐŽŶƚĂďŝůşƐƚŝĐĂĞŐůŽďĂůŝnjĂĕĆŽ͘

&ŽŶƚĞ͗ ĞůĂďŽƌĂĕĆŽ ƉƌſƉƌŝĂ͘

ŐůŽďĂůŝnjĂĕĆŽ

ŚĂƌŵŽŶŝnjĂĕĆŽĐŽŶƚĂďŝůşƐƚŝĐĂŝŶƚĞƌŶĂĐŝŽŶĂů

ĐŽŵƉĂƌĂďŝůŝĚĂĚĞăĞƐĐĂůĂŵƵŶĚŝĂů

ĞĨŝĐĄĐŝĂĚĂƐĚĞĐŝƐƁĞƐ

ĞĐŽŶŽŵŝĂŐůŽďĂů

ƐŝƐƚĞŵĂŵŽŶĞƚĄƌŝŽ

ŝŶƚĞƌŶĂĐŝŽŶĂů

ĞŵƉƌĞƐĂƐ

ŵƵůƚŝŶĂĐŝŽŶĂŝƐ

ŝŶǀĞƐƚŝŵĞŶƚŽĚŝƌĞĐƚŽ

ĞƐƚƌĂŶŐĞŝƌŽ

ƉƌŽŐƌĞƐƐŽĚĂƐd/͛Ɛ

ŵŽďŝůŝĚĂĚĞĚĞ

ƉĞƐƐŽĂƐ

ŵŽďŝůŝĚĂĚĞĚĞ

ƌĞĐƵƌƐŽƐ

ĐŽŵĠƌĐŝŽ

ŝŶƚĞƌŶĂĐŝŽŶĂů

(5)

ŶǀŽůǀĞŶƚĞƐĚŽƐŵŽĚĞůŽƐĐŽŶƚĂďŝůşƐƚŝĐŽƐ

ĐĂƵƐĂƐĚĂƐĚŝĨĞƌĞŶĕĂƐĞŶƚƌĞŵŽĚĞůŽƐĐŽŶƚĂďŝůşƐƚŝĐŽƐ

/ŶƚƌŽĚƵĕĆŽ ƉĂşƐĞƐůşŶŐƵĂƉŽƌƚƵŐƵĞƐĂ KďũĞĐƚŝǀŽƐŝŶĨŽƌŵĂĕĆŽĨŝŶĂŶĐĞŝƌĂ ĂƌĂĐƚĞƌşƐƚŝĐĂƐƋƵĂůŝƚĂƚŝǀĂƐ WƌŝŶĐşƉŝŽƐĐŽŶƚĂďŝůşƐƚŝĐŽƐ ƌŝƚĠƌŝŽƐĚĞǀĂůŽƌŝŵĞƚƌŝĂ ůĂƐƐĞƐĚĞĐŽŶƚĂƐ ĞŵŽŶƐƚƌĂĕƁĞƐĐŽŶƚĂďŝůşƐƚŝĐĂƐ &ŽŶƚĞ͗ ĂĚĂƉƚĂĚŽ ĚĞ ůǀĞƐ ;ϮϬϬϮ͗ ϯϬͿ Ğ E ;ϮϬϬϯď͗ ϭϳͿ͘ dĞĐŝĚŽĞŵƉƌĞƐĂƌŝĂů KƌŝŐĞŵĚŽĨŝŶĂŶĐŝĂŵĞŶƚŽĞŵƉƌĞƐĂƌŝĂů &ŝƐĐĂůŝĚĂĚĞ ŶƐŝŶŽ WƌŽĨŝƐƐĆŽĐŽŶƚĂďŝůşƐƚŝĐĂ /ŶƚĞƌŶĂĐŝŽŶĂůŝnjĂĕĆŽ dĞŽƌŝĂĞƌĞŐƵůĂŵĞŶƚĂĕĆŽĐŽŶƚĂďŝůşƐƚŝĐĂ hƚŝůŝnjĂĚŽƌĞƐĞŶĞĐĞƐƐŝĚĂĚĞƐŝŶĨŽƌŵĂƚŝǀĂƐ KEd/>/ ^ŝƐƚĞŵĂĞĐŽŶſŵŝĐŽ &ĂĐƚŽƌĞƐŚŝƐƚſƌŝĐŽƐ ^ŝƐƚĞŵĂƌĞůŝŐŝŽƐŽ ^ŝƐƚĞŵĂũƵƌşĚŝĐŽͲůĞŐĂů >şŶŐƵĂ ƵůƚƵƌĂ ^ŝƐƚĞŵĂƉŽůşƚŝĐŽ

/EdZK'Z>

/EdZK^W1&/

sŝƐĆŽ͗ϭŽƉŽƌƚƵŶŝĚĂĚĞ͊ ŽŶĐůƵƐƁĞƐ ŽŶƚƌŝďƵŝĕƁĞƐĞƐƉĞƌĂĚĂƐ /ŵƉůŝĐĂĕƁĞƐ >ŝŵŝƚĂĕƁĞƐ >ŝŶŚĂƐĚĞŽƌŝĞŶƚĂĕĆŽ ŽŶĐůƵƐƁĞƐ dƌĂŶƐĨĞƌġŶĐŝĂĚĞĐŽŶŚĞĐŝŵĞŶƚŽ

ĞŶĞĨşĐŝŽƐĚĂŚĂƌŵŽŶŝnjĂĕĆŽ

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ZĞĚƵĕĆŽ ĚĞ ĐƵƐƚŽƐ ;Ƶŵ ƷŶŝĐŽ ĐŽŶũƵŶƚŽ ĚĞ ĐŽŶƚĂƐͿ͘

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ŝƌĞĐƚĂ ĂĐĞŝƚĂĕĆŽ ŝŶƚĞƌŶĂĐŝŽŶĂů ĚĂƐ ĐŽŶƚĂƐ ;ĐƌŽƐƐͲďŽƌĚĞƌͿ͘

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KďƚĞŶĕĆŽ ĚĞ ƌĞĐƵƌƐŽƐ ĨŝŶĂŶĐĞŝƌŽƐ ;ĐŽŶĨŝĂŶĕĂ ŶĂ ĂƉůŝĐĂĕĆŽ ĚŽƐ ĐƌŝƚĠƌŝŽƐ

ĐŽŶƚĂďŝůşƐƚŝĐŽƐ Ğ ĐŽŵƉĂƌĂďŝůŝĚĂĚĞ ĚĂƐ ĐŽŶƚĂƐ Ϳ͘

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ZĞĨŽƌĕŽ ĚĂ ƚƌĂŶƐƉĂƌġŶĐŝĂ͘

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ĚŽƉĕĆŽ ĚĞ ƵŵĂ ƷŶŝĐĂ ďĂƐĞ ĐŽŶƚĂďŝůşƐƚŝĐĂ͕ ƉĂƌĂ ƌĞƐƉŽŶĚĞƌ Ă ŶĞĐĞƐƐŝĚĂĚĞƐ

ĚŝĨĞƌĞŶƚĞƐ͘

/ŶƚƌŽĚƵĕĆŽ ƉĂşƐĞƐůşŶŐƵĂƉŽƌƚƵŐƵĞƐĂ KďũĞĐƚŝǀŽƐŝŶĨŽƌŵĂĕĆŽĨŝŶĂŶĐĞŝƌĂ ĂƌĂĐƚĞƌşƐƚŝĐĂƐƋƵĂůŝƚĂƚŝǀĂƐ WƌŝŶĐşƉŝŽƐĐŽŶƚĂďŝůşƐƚŝĐŽƐ ƌŝƚĠƌŝŽƐĚĞǀĂůŽƌŝŵĞƚƌŝĂ ůĂƐƐĞƐĚĞĐŽŶƚĂƐ ĞŵŽŶƐƚƌĂĕƁĞƐĐŽŶƚĂďŝůşƐƚŝĐĂƐ sŝƐĆŽ͗ϭŽƉŽƌƚƵŶŝĚĂĚĞ͊ ŽŶĐůƵƐƁĞƐ ŽŶƚƌŝďƵŝĕƁĞƐĞƐƉĞƌĂĚĂƐ /ŵƉůŝĐĂĕƁĞƐ >ŝŵŝƚĂĕƁĞƐ >ŝŶŚĂƐĚĞŽƌŝĞŶƚĂĕĆŽ ŽŶĐůƵƐƁĞƐ dƌĂŶƐĨĞƌġŶĐŝĂĚĞĐŽŶŚĞĐŝŵĞŶƚŽ

(6)

WĞƌƐƉĞĐƚŝǀĂƐŽďƌĞƵŵĂŽƉŽƌƚƵŶŝĚĂĚĞ͊

^ŝŶĞƌŐŝĂƐƉŽůşƚŝĐĂƐ͕ĞĐŽŶſŵŝĐĂƐĞƐŽĐŝĂŝƐ͕ƉŽƌǀŝĂĚĂĂĨŝƌŵĂĕĆŽŝŶƚĞƌŶĂĐŝŽŶĂů ĚĞĞƐƉĂĕŽ

ůƵƐſĨŽŶŽ΀ϮϰϬŵŝůŚƁĞƐƉĞƐƐŽĂƐ΁͘

ĐƚƵĂĕĆŽŵĂŝƐƐŝŐŶŝĨŝĐĂƚŝǀĂĞŝŶĨůƵĞŶƚĞ ŶŽƉůĂŶŽŵƵŶĚŝĂů͘

WĂƌƚŝĐŝƉĂĕĆŽĂĐƚŝǀĂ ŶĂŚĂƌŵŽŶŝnjĂĕĆŽĐŽŶƚĂďŝůşƐƚŝĐĂăĞƐĐĂůĂŵƵŶĚŝĂů͘

DĂŝŽƌĐŽŶĨŝĂŶĕĂĚŽƐŝŶǀĞƐƚŝĚŽƌĞƐ͘

WĂƌƚŝůŚĂĚĞĐŽŶŚĞĐŝŵĞŶƚŽ ;ŝŶǀĞƐƚŝŐĂĕĆŽƚĠĐŶŝĐĂĞĐŝĞŶƚşĨŝĐĂͿ͘

/ŶĐƌĞŵĞŶƚŽĚŽŝŶƚĞƌĐąŵďŝŽ ĞĚƵĐĂĐŝŽŶĂůĞĐƵůƚƵƌĂů;ĞŶƐŝŶŽͿĞƉƌŽĨŝƐƐŝŽŶĂů;ĨŽƌŵĂĕĆŽĂŽ

ůŽŶŐŽĚĂǀŝĚĂͿ͘

/ŶƚƌŽĚƵĕĆŽ ƉĂşƐĞƐůşŶŐƵĂƉŽƌƚƵŐƵĞƐĂ sŝƐĆŽ͗ϭŽƉŽƌƚƵŶŝĚĂĚĞ͊ KďũĞĐƚŝǀŽƐŝŶĨŽƌŵĂĕĆŽĨŝŶĂŶĐĞŝƌĂ ĂƌĂĐƚĞƌşƐƚŝĐĂƐƋƵĂůŝƚĂƚŝǀĂƐ WƌŝŶĐşƉŝŽƐĐŽŶƚĂďŝůşƐƚŝĐŽƐ ƌŝƚĠƌŝŽƐĚĞǀĂůŽƌŝŵĞƚƌŝĂ ůĂƐƐĞƐĚĞĐŽŶƚĂƐ ĞŵŽŶƐƚƌĂĕƁĞƐĐŽŶƚĂďŝůşƐƚŝĐĂƐ ŽŶĐůƵƐƁĞƐ ŽŶƚƌŝďƵŝĕƁĞƐĞƐƉĞƌĂĚĂƐ /ŵƉůŝĐĂĕƁĞƐ >ŝŵŝƚĂĕƁĞƐ >ŝŶŚĂƐĚĞŽƌŝĞŶƚĂĕĆŽ ŽŶĐůƵƐƁĞƐ dƌĂŶƐĨĞƌġŶĐŝĂĚĞĐŽŶŚĞĐŝŵĞŶƚŽ

/ŶĨůƵġŶĐŝĂĚŽƐ'ŽǀĞƌŶŽƐŶĆŽĠĞǀŝĚĞŶĐŝĂĚĂ

KƉĂƌĂĚŝŐŵĂĚĂƵƚŝůŝĚĂĚĞƉĞƌĐĞďŝĚĂ͘ŝǀĞƌƐŝĚĂĚĞĚĞƵƚŝůŝnjĂĚŽƌĞƐ͘/ŵĂŐĞŵĨŝĚĞĚŝŐŶĂĞ

ĂĚĞƋƵĂĚĂ;ǀĂƌŝĄǀĞůĞŵĨƵŶĕĆŽĚŽŵŽĚĞůŽĐŽŶƚĂďŝůşƐƚŝĐŽͿ͘

&ŽŶƚĞ͗ ĞůĂďŽƌĂĕĆŽ ƉƌſƉƌŝĂ͘

KďũĞĐƚŝǀŽƐWĂşƐĞƐ

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WŽƐŝĕĆŽŽƵƐŝƚƵĂĕĆŽĨŝŶĂŶĐĞŝƌĂ

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ZĞƐƵůƚĂĚŽƐ

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/ŶƚƌŽĚƵĕĆŽ ƉĂşƐĞƐůşŶŐƵĂƉŽƌƚƵŐƵĞƐĂ KďũĞĐƚŝǀŽƐŝŶĨŽƌŵĂĕĆŽĨŝŶĂŶĐĞŝƌĂ ĂƌĂĐƚĞƌşƐƚŝĐĂƐƋƵĂůŝƚĂƚŝǀĂƐ WƌŝŶĐşƉŝŽƐĐŽŶƚĂďŝůşƐƚŝĐŽƐ ƌŝƚĠƌŝŽƐĚĞǀĂůŽƌŝŵĞƚƌŝĂ ůĂƐƐĞƐĚĞĐŽŶƚĂƐ ĞŵŽŶƐƚƌĂĕƁĞƐĐŽŶƚĂďŝůşƐƚŝĐĂƐ

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ŽƐKE^dZE'/DEdK^ăŝŶĨŽƌŵĂĕĆŽƌĞůĞǀĂŶƚĞĞĨŝĄǀĞů͗

͘

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sŝƐĆŽ͗ϭŽƉŽƌƚƵŶŝĚĂĚĞ͊ ŽŶĐůƵƐƁĞƐ ŽŶƚƌŝďƵŝĕƁĞƐĞƐƉĞƌĂĚĂƐ /ŵƉůŝĐĂĕƁĞƐ >ŝŵŝƚĂĕƁĞƐ >ŝŶŚĂƐĚĞŽƌŝĞŶƚĂĕĆŽ ŽŶĐůƵƐƁĞƐ dƌĂŶƐĨĞƌġŶĐŝĂĚĞĐŽŶŚĞĐŝŵĞŶƚŽ

(7)

YƵĂĚƌŽĐŽŵƉĂƌĂƚŝǀŽ

ĂƌĂĐƚĞƌşƐƚŝĐĂƐͰ WĂşƐĞƐ

E Z s 't DK D Wd ^d

ZĞůĞǀąŶĐŝĂ

^ŝŵ Ͳ ^ŝŵ ^ŝŵ ^ŝŵ ^ŝŵ ^ŝŵ Ͳ EĂƚƵƌĞnjĂĚĂŝŶĨŽƌŵĂĕĆŽ Ͳ Ͳ Ͳ Ͳ ^ŝŵ Ͳ Ͳ Ͳ KƉŽƌƚƵŶŝĚĂĚĞ Ͳ ͘Ƌ͘ Ͳ ^ŝŵ Ͳ Ͳ ^ŝŵ Ͳ DĂƚĞƌŝĂůŝĚĂĚĞ Ͳ Ͳ ^ŝŵ ^ŝŵ Ͳ ^ŝŵ ^ŝŵ Ͳ

&ŝĂďŝůŝĚĂĚĞ

^ŝŵ ^ŝŵ ^ŝŵ ^ŝŵ ^ŝŵ ^ŝŵ ^ŝŵ Ͳ ŽŶĨŝĂŶĕĂͬsĞƌĚĂĚĞ Ͳ ^ŝŵ ^ŝŵ Ͳ ^ŝŵ ^ŝŵ ^ŝŵ Ͳ EĞƵƚƌĂůŝĚĂĚĞ ^ŝŵ Ͳ ^ŝŵ ^ŝŵ ^ŝŵ ^ŝŵ ^ŝŵ Ͳ WƌƵĚġŶĐŝĂ ^ŝŵ Ͳ ^ŝŵ Ͳ ^ŝŵ ^ŝŵ ^ŝŵ Ͳ WůĞŶŝƚƵĚĞ ^ŝŵ ^ŝŵ ^ŝŵ Ͳ ^ŝŵ ^ŝŵ ^ŝŵ Ͳ WĞƌƚŝŶġŶĐŝĂ Ͳ ^ŝŵ Ͳ Ͳ Ͳ Ͳ Ͳ Ͳ ^ƵďƐƚąŶĐŝĂĞĐŽŶſŵŝĐĂƐŽďƌĞĂĨŽƌŵĂůĞŐĂů ^ŝŵ Ͳ ^ŝŵ Ͳ ^ŝŵ ^ŝŵ ^ŝŵ Ͳ

ŽŵƉƌĞĞŶƐŝďŝůŝĚĂĚĞ

Ͳ ^ŝŵ ^ŝŵ Ͳ ^ŝŵ ^ŝŵ ^ŝŵ Ͳ ůĂƌĞnjĂ Ͳ ^ŝŵ Ͳ Ͳ ^ŝŵ Ͳ Ͳ Ͳ KďũĞĐƚŝǀŝĚĂĚĞ Ͳ ^ŝŵ Ͳ Ͳ ^ŝŵ Ͳ Ͳ ͘ƌ͘

ŽŵƉĂƌĂďŝůŝĚĂĚĞ

Ͳ ^ŝŵ ^ŝŵ ^ŝŵ ^ŝŵ ^ŝŵ ^ŝŵ ͘ƌ͘ ŽŶƐŝƐƚġŶĐŝĂ Ͳ ^ŝŵ ^ŝŵ ^ŝŵ ^ŝŵ ^ŝŵ ^ŝŵ Ͳ >ĞŐĞŶĚĂ͗ ͘Ƌ͘ ĂƌĂĐƚĞƌşƐƚŝĐĂƋƵĂůŝƚĂƚŝǀĂ͘ ͘ƌ͘ ƌĞǀĞƌĞĨĞƌġŶĐŝĂ͘ &ŽŶƚĞ͗ ĞůĂďŽƌĂĕĆŽ ƉƌſƉƌŝĂ͘ /ŶƚƌŽĚƵĕĆŽ ƉĂşƐĞƐůşŶŐƵĂƉŽƌƚƵŐƵĞƐĂ KďũĞĐƚŝǀŽƐŝŶĨŽƌŵĂĕĆŽĨŝŶĂŶĐĞŝƌĂ ĂƌĂĐƚĞƌşƐƚŝĐĂƐƋƵĂůŝƚĂƚŝǀĂƐ WƌŝŶĐşƉŝŽƐĐŽŶƚĂďŝůşƐƚŝĐŽƐ ƌŝƚĠƌŝŽƐĚĞǀĂůŽƌŝŵĞƚƌŝĂ ůĂƐƐĞƐĚĞĐŽŶƚĂƐ ĞŵŽŶƐƚƌĂĕƁĞƐĐŽŶƚĂďŝůşƐƚŝĐĂƐ sŝƐĆŽ͗ϭŽƉŽƌƚƵŶŝĚĂĚĞ͊ ŽŶĐůƵƐƁĞƐ ŽŶƚƌŝďƵŝĕƁĞƐĞƐƉĞƌĂĚĂƐ /ŵƉůŝĐĂĕƁĞƐ >ŝŵŝƚĂĕƁĞƐ >ŝŶŚĂƐĚĞŽƌŝĞŶƚĂĕĆŽ ŽŶĐůƵƐƁĞƐ dƌĂŶƐĨĞƌġŶĐŝĂĚĞĐŽŶŚĞĐŝŵĞŶƚŽ

ĂƌĂĐƚĞƌşƐƚŝĐĂƐƋƵĂůŝƚĂƚŝǀĂƐƉƌĞĚŽŵŝŶĂŶƚĞƐ

ƌĞůĞǀąŶĐŝĂ

ĐĂƌĂĐƚĞƌşƐƚŝĐĂ

ƋƵĂůŝƚĂƚŝǀĂ

ƌĞůĞǀąŶĐŝĂ

ĐĂƌĂĐƚĞƌşƐƚŝĐĂ

ƋƵĂůŝƚĂƚŝǀĂ

ŶĂƚƵƌĞnjĂ

ĚĂŝŶĨŽƌŵĂĕĆŽ

ŵĂƚĞƌŝĂůŝĚĂĚĞ

ŽƉŽƌƚƵŶŝĚĂĚĞ

ĨŝĂďŝůŝĚĂĚĞ

ĐĂƌĂĐƚĞƌşƐƚŝĐĂ

ƋƵĂůŝƚĂƚŝǀĂ

ĨŝĂďŝůŝĚĂĚĞ

ĐĂƌĂĐƚĞƌşƐƚŝĐĂ

ƋƵĂůŝƚĂƚŝǀĂ

ĐŽŶĨŝĂŶĕĂ

ŶĞƵƚƌĂůŝĚĂĚĞ

ƉƌƵĚġŶĐŝĂ

ƉůĞŶŝƚƵĚĞ

ĐŽŵƉƌĞĞŶƐŝďŝůŝĚĂĚĞ

ĐĂƌĂĐƚĞƌşƐƚŝĐĂ

ƋƵĂůŝƚĂƚŝǀĂ

ĐŽŵƉƌĞĞŶƐŝďŝůŝĚĂĚĞ

ĐĂƌĂĐƚĞƌşƐƚŝĐĂ

ƋƵĂůŝƚĂƚŝǀĂ

ĐůĂƌĞnjĂ

ŽďũĞĐƚŝǀŝĚĂĚĞ

ĐŽŵƉĂƌĂďŝůŝĚĂĚĞ

ĐĂƌĂĐƚĞƌşƐƚŝĐĂ

ƋƵĂůŝƚĂƚŝǀĂ

ĐŽŵƉĂƌĂďŝůŝĚĂĚĞ

ĐĂƌĂĐƚĞƌşƐƚŝĐĂ

ƋƵĂůŝƚĂƚŝǀĂ

ĐŽŶƐŝƐƚġŶĐŝĂ

&ŽŶƚĞ͗ ĞůĂďŽƌĂĕĆŽ ƉƌſƉƌŝĂ͘ /ŶƚƌŽĚƵĕĆŽ ƉĂşƐĞƐůşŶŐƵĂƉŽƌƚƵŐƵĞƐĂ KďũĞĐƚŝǀŽƐŝŶĨŽƌŵĂĕĆŽĨŝŶĂŶĐĞŝƌĂ ĂƌĂĐƚĞƌşƐƚŝĐĂƐƋƵĂůŝƚĂƚŝǀĂƐ WƌŝŶĐşƉŝŽƐĐŽŶƚĂďŝůşƐƚŝĐŽƐ ƌŝƚĠƌŝŽƐĚĞǀĂůŽƌŝŵĞƚƌŝĂ ůĂƐƐĞƐĚĞĐŽŶƚĂƐ ĞŵŽŶƐƚƌĂĕƁĞƐĐŽŶƚĂďŝůşƐƚŝĐĂƐ sŝƐĆŽ͗ϭŽƉŽƌƚƵŶŝĚĂĚĞ͊ ŽŶĐůƵƐƁĞƐ ŽŶƚƌŝďƵŝĕƁĞƐĞƐƉĞƌĂĚĂƐ /ŵƉůŝĐĂĕƁĞƐ >ŝŵŝƚĂĕƁĞƐ >ŝŶŚĂƐĚĞŽƌŝĞŶƚĂĕĆŽ ŽŶĐůƵƐƁĞƐ dƌĂŶƐĨĞƌġŶĐŝĂĚĞĐŽŶŚĞĐŝŵĞŶƚŽ

(8)

YƵĂĚƌŽĐŽŵƉĂƌĂƚŝǀŽ

&ŽŶƚĞ͗ ĞůĂďŽƌĂĕĆŽ ƉƌſƉƌŝĂ͘ /ŶƚƌŽĚƵĕĆŽ ƉĂşƐĞƐůşŶŐƵĂƉŽƌƚƵŐƵĞƐĂ KďũĞĐƚŝǀŽƐŝŶĨŽƌŵĂĕĆŽĨŝŶĂŶĐĞŝƌĂ ĂƌĂĐƚĞƌşƐƚŝĐĂƐƋƵĂůŝƚĂƚŝǀĂƐ WƌŝŶĐşƉŝŽƐĐŽŶƚĂďŝůşƐƚŝĐŽƐ ƌŝƚĠƌŝŽƐĚĞǀĂůŽƌŝŵĞƚƌŝĂ ůĂƐƐĞƐĚĞĐŽŶƚĂƐ ĞŵŽŶƐƚƌĂĕƁĞƐĐŽŶƚĂďŝůşƐƚŝĐĂƐ WĂşƐĞƐ E Z s 't DK D Wd ^d WƌĞƐƐƵƉŽƐƚŽƐƐƵďũĂĐĞŶƚĞƐ ^ŝŵ ^ŝŵ ^ŝŵ Ͳ ^ŝŵ ^ŝŵ ^ŝŵ Ͳ ĐƌĠƐĐŝŵŽ Ͳ ^ŝŵ y ^ŝŵ y y y Ͳ ĐƚƵĂůŝnjĂĕĆŽŵŽŶĞƚĄƌŝĂ Ͳ ^ŝŵ Ͳ Ͳ Ͳ Ͳ Ͳ Ͳ ŽŵƉĂƌĂďŝůŝĚĂĚĞ ^ŝŵ Ͳ Ͳ Ͳ Ͳ Ͳ Ͳ Ͳ ŽƌƌĞůĂĕĆŽĚĞĐƵƐƚŽƐĞƉƌŽǀĞŝƚŽƐ Ͳ ^ŝŵ Ͳ Ͳ Ͳ Ͳ Ͳ Ͳ ŽŶƐŝƐƚġŶĐŝĂ ^ŝŵ Ͳ Ͳ ^ŝŵ Ͳ Ͳ Ͳ ^ŝŵ ŽŶƚŝŶƵŝĚĂĚĞ;ĞŵƉƌĞƐĂĞŵĨƵŶĐŝŽŶĂŵĞŶƚŽͿ Ͳ ^ŝŵ y ^ŝŵ y y y Ͳ ŽƌƌĞůĂĕĆŽĚĞďĂůĂŶĕŽƐƐƵĐĞƐƐŝǀŽƐ Ͳ Ͳ Ͳ ^ŝŵ Ͳ Ͳ Ͳ ^ŝŵ ƵƐƚŽŚŝƐƚſƌŝĐŽ;ƉƌĞĕŽĚĞĂƋƵŝƐŝĕĆŽͿ Ͳ ^ŝŵ Ͳ ^ŝŵ Ͳ Ͳ Ͳ Ͳ ĞŶŽŵŝŶĂĚŽƌĐŽŵƵŵŵŽŶĞƚĄƌŝŽ Ͳ ^ŝŵ Ͳ Ͳ Ͳ Ͳ Ͳ Ͳ ŶƚŝĚĂĚĞ Ͳ ^ŝŵ Ͳ Ͳ Ͳ Ͳ Ͳ Ͳ DĂƚĞƌŝĂůŝĚĂĚĞ ^ŝŵ Ͳ Ͳ ^ŝŵ Ͳ Ͳ Ͳ Ͳ EĆŽĐŽŵƉĞŶƐĂĕĆŽ ^ŝŵ Ͳ Ͳ ^ŝŵ Ͳ Ͳ Ͳ Ͳ KƉŽƌƚƵŶŝĚĂĚĞ Ͳ ^ŝŵ Ͳ Ͳ Ͳ Ͳ Ͳ Ͳ WƌƵĚġŶĐŝĂ Ͳ ^ŝŵ Ͳ ^ŝŵ Ͳ Ͳ Ͳ ^ŝŵ ZĞĂůŝnjĂĕĆŽĚĞƉƌŽǀĞŝƚŽƐ Ͳ ^ŝŵ Ͳ Ͳ Ͳ Ͳ Ͳ Ͳ ^ƵďƐƚąŶĐŝĂƐŽďƌĞĂĨŽƌŵĂ Ͳ Ͳ Ͳ Ͳ Ͳ Ͳ Ͳ Ͳ ZĞƐƚƌŝĕƁĞƐĂŽƐƉƌŝŶĐşƉŝŽƐĐŽŶƚĂďŝůşƐƚŝĐŽƐ Ͳ ^ŝŵ Ͳ Ͳ Ͳ Ͳ Ͳ Ͳ sŝƐĆŽ͗ϭŽƉŽƌƚƵŶŝĚĂĚĞ͊ ŽŶĐůƵƐƁĞƐ ŽŶƚƌŝďƵŝĕƁĞƐĞƐƉĞƌĂĚĂƐ /ŵƉůŝĐĂĕƁĞƐ >ŝŵŝƚĂĕƁĞƐ >ŝŶŚĂƐĚĞŽƌŝĞŶƚĂĕĆŽ ŽŶĐůƵƐƁĞƐ dƌĂŶƐĨĞƌġŶĐŝĂĚĞĐŽŶŚĞĐŝŵĞŶƚŽ

ƐƚƌƵƚƵƌĂƚƌŝƉĂƌƚŝĚĂ

ͻ ŽŶƚĂƐĚĞŽƌĚĞŵ;ĐŽŵƉĞŶƐĂĕĆŽͿŽƵĞdžƚƌĂͲƉĂƚƌŝŵŽŶŝĂŝƐ͘

ͻ ŽŶƚĂƐƉĂƚƌŝŵŽŶŝĂŝƐ͘

ͻ ŽŶƚĂƐĚĞƌĞƐƵůƚĂĚŽƐ͗

ͻ '^dK^;ĐƵƐƚŽƐͿĞZE/DEdK^;ƉƌŽǀĞŝƚŽƐͿ͖

ͻ ƉƵƌĂŵĞŶƚŽĚŽƐƌĞƐƵůƚĂĚŽƐ͖Ğ

ͻ ŽŶƚĂďŝůŝĚĂĚĞ ĂŶĂůşƚŝĐĂ

͘

/ŶƚƌŽĚƵĕĆŽ ƉĂşƐĞƐůşŶŐƵĂƉŽƌƚƵŐƵĞƐĂ KďũĞĐƚŝǀŽƐŝŶĨŽƌŵĂĕĆŽĨŝŶĂŶĐĞŝƌĂ ĂƌĂĐƚĞƌşƐƚŝĐĂƐƋƵĂůŝƚĂƚŝǀĂƐ WƌŝŶĐşƉŝŽƐĐŽŶƚĂďŝůşƐƚŝĐŽƐ ƌŝƚĠƌŝŽƐĚĞǀĂůŽƌŝŵĞƚƌŝĂ ůĂƐƐĞƐĚĞĐŽŶƚĂƐ ĞŵŽŶƐƚƌĂĕƁĞƐĐŽŶƚĂďŝůşƐƚŝĐĂƐ sŝƐĆŽ͗ϭŽƉŽƌƚƵŶŝĚĂĚĞ͊ ŽŶĐůƵƐƁĞƐ ŽŶƚƌŝďƵŝĕƁĞƐĞƐƉĞƌĂĚĂƐ /ŵƉůŝĐĂĕƁĞƐ >ŝŵŝƚĂĕƁĞƐ >ŝŶŚĂƐĚĞŽƌŝĞŶƚĂĕĆŽ ŽŶĐůƵƐƁĞƐ dƌĂŶƐĨĞƌġŶĐŝĂĚĞĐŽŶŚĞĐŝŵĞŶƚŽ

(9)

YƵĂĚƌŽĐŽŵƉĂƌĂƚŝǀŽ

ŝŶĨŽƌŵĂĕĆŽĂƉƌĞƉĂƌĂƌĞĂĂƉƌĞƐĞŶƚĂƌ

WĂşƐĞƐ

E

Z

s

't

DK

D

Wd

^d

ĂůĂŶĕŽ ^ŝŵ ^ŝŵ ^ŝŵ ^ŝŵ ^ŝŵ ^ŝŵ ^ŝŵ ^ŝŵ ĞŵŽŶƐƚƌĂĕĆŽĚŽƐƌĞƐƵůƚĂĚŽƐƉŽƌĨƵŶĕƁĞƐ ^ŝŵ ^ŝŵ ^ŝŵ Ͳ ^ŝŵ ^ŝŵ ^ŝŵ Ͳ ĞŵŽŶƐƚƌĂĕĆŽĚŽƐƌĞƐƵůƚĂĚŽƐƉŽƌŶĂƚƵƌĞnjĂƐ ^ŝŵ Ͳ ^ŝŵ ^ŝŵ Ͳ ^ŝŵ ^ŝŵ ^ŝŵ ĞŵŽŶƐƚƌĂĕĆŽĚŽƐĨůƵdžŽƐĚĞĐĂŝdžĂ ^ŝŵ ^ŝŵ ^ŝŵ Ͳ Ͳ ^ŝŵ ^ŝŵ Ͳ ĞŵŽŶƐƚƌĂĕĆŽĚĂƐŽƌŝŐĞŶƐĞĚĂƐĂƉůŝĐĂĕƁĞƐĚĞĨƵŶĚŽƐ Ͳ ^ŝŵ Ͳ Ͳ Ͳ Ͳ Ͳ ^ŝŵ ŶĞdžŽ;ďĂůĂŶĕŽĞĚĞŵŽŶƐƚƌĂĕĆŽĚŽƐƌĞƐƵůƚĂĚŽƐͿ ^ŝŵ Ͳ ^ŝŵ ^ŝŵ Ͳ ^ŝŵ ^ŝŵ ^ŝŵ ŶĞdžŽ;ĚĞŵŽŶƐƚƌĂĕĆŽĚŽƐĨůƵdžŽƐĚĞĐĂŝdžĂͿ ^ŝŵ Ͳ ^ŝŵ Ͳ Ͳ Ͳ ^ŝŵ Ͳ ĞŵŽŶƐƚƌĂĕĆŽĚĂƐĂůƚĞƌĂĕƁĞƐŶŽƐĐĂƉŝƚĂŝƐƉƌſƉƌŝŽƐ ŶĞdžŽ ƉŽŶƚŽϭϮ ^ŝŵ ^ŝŵ ŶĞdžŽ ƉŽŶƚŽϭϬ Ͳ Ͳ ^ŝŵ Ͳ ĞŵŽŶƐƚƌĂĕĆŽĚŽƐƌĞƐƵůƚĂĚŽƐĂĐƵŵƵůĂĚŽƐ ŶĞdžŽ ƉŽŶƚŽϭϰ Ͳ ^ŝŵ Ͳ Ͳ Ͳ Ͳ &ŽŶƚĞ͗ ĞůĂďŽƌĂĕĆŽ ƉƌſƉƌŝĂ͘ /ŶƚƌŽĚƵĕĆŽ ƉĂşƐĞƐůşŶŐƵĂƉŽƌƚƵŐƵĞƐĂ KďũĞĐƚŝǀŽƐŝŶĨŽƌŵĂĕĆŽĨŝŶĂŶĐĞŝƌĂ ĂƌĂĐƚĞƌşƐƚŝĐĂƐƋƵĂůŝƚĂƚŝǀĂƐ WƌŝŶĐşƉŝŽƐĐŽŶƚĂďŝůşƐƚŝĐŽƐ ƌŝƚĠƌŝŽƐĚĞǀĂůŽƌŝŵĞƚƌŝĂ ůĂƐƐĞƐĚĞĐŽŶƚĂƐ ĞŵŽŶƐƚƌĂĕƁĞƐĐŽŶƚĂďŝůşƐƚŝĐĂƐ sŝƐĆŽ͗ϭŽƉŽƌƚƵŶŝĚĂĚĞ͊ ŽŶĐůƵƐƁĞƐ ŽŶƚƌŝďƵŝĕƁĞƐĞƐƉĞƌĂĚĂƐ /ŵƉůŝĐĂĕƁĞƐ >ŝŵŝƚĂĕƁĞƐ >ŝŶŚĂƐĚĞŽƌŝĞŶƚĂĕĆŽ ŽŶĐůƵƐƁĞƐ dƌĂŶƐĨĞƌġŶĐŝĂĚĞĐŽŶŚĞĐŝŵĞŶƚŽ

YƵĂĚƌŽĐŽŵƉĂƌĂƚŝǀŽ

WĂşƐĞƐ E Z s 't DK D Wd ^d ƵƐƚŽŚŝƐƚſƌŝĐŽĚĞĂƋƵŝƐŝĕĆŽͬƉƌŽĚƵĕĆŽ ^ŝŵ ^ŝŵ ^ŝŵ ^ŝŵ ^ŝŵ ^ŝŵ ^ŝŵ ^ŝŵ ŵĠƚŽĚŽĚŽƐĐƵƐƚŽƐƉĂĚƌƁĞƐ ^ŝŵ Ͳ Ͳ Ͳ Ͳ Ͳ Ͳ Ͳ ǀĂůŽƌƌĞĂůŝnjĄǀĞůůşƋƵŝĚŽ ^ŝŵ Ͳ Ͳ Ͳ Ͳ Ͳ Ͳ Ͳ ǀĂůŽƌƌĞĂůŝnjĄǀĞůůşƋƵŝĚŽʹ ŵĂƌŐĞŵĚĞůƵĐƌŽ ^ŝŵ Ͳ Ͳ ^ŝŵ Ͳ Ͳ Ͳ Ͳ ƉƌĞĕŽĚĞǀĞŶĚĂʹ ŵĂƌŐĞŵĚĞůƵĐƌŽ ^ŝŵ Ͳ Ͳ Ͳ Ͳ Ͳ Ͳ Ͳ ŐƌĂƵĚĞĂĐĂďĂŵĞŶƚŽ ^ŝŵ Ͳ Ͳ ^ŝŵ Ͳ Ͳ Ͳ Ͳ ĐŽŶƚƌĂƚŽĐŽŵƉůĞƚĂĚŽ ^ŝŵ Ͳ Ͳ ^ŝŵ Ͳ Ͳ Ͳ Ͳ :ƵƐƚŽǀĂůŽƌͬƵƐƚŽĐŽƌƌĞŶƚĞ ^ŝŵ Ͳ ^ŝŵ Ͳ ^ŝŵ ^ŝŵ ^ŝŵ Ͳ :ƵƐƚŽǀĂůŽƌͬsĂůŽƌƌĞĂůŝnjĄǀĞů;ĚĞůŝƋƵŝĚĂĕĆŽͿ ^ŝŵ Ͳ ^ŝŵ Ͳ ^ŝŵ ^ŝŵ ^ŝŵ Ͳ KƉĞƌĂĕƁĞƐĞŵŵŽĞĚĂĞƐƚƌĂŶŐĞŝƌĂ ^ŝŵ ^ŝŵ ^ŝŵ ^ŝŵ ^ŝŵ ^ŝŵ ^ŝŵ ^ŝŵ sĂůŽƌĚĞŵĞƌĐĂĚŽ Ͳ ^ŝŵ Ͳ ^ŝŵ Ͳ Ͳ y ^ŝŵ ʹ ǀĂůŽƌĚĞĐŽƚĂĕĆŽ Ͳ Ͳ Ͳ Ͳ Ͳ Ͳ y Ͳ ʹ ǀĂůŽƌĚĞƌĞĂůŝnjĂĕĆŽ ^ŝŵ ^ŝŵ Ͳ ^ŝŵ Ͳ Ͳ y ^ŝŵ ʹ ĐƵƐƚŽĚĞƌĞƉŽƐŝĕĆŽ Ͳ ^ŝŵ Ͳ ^ŝŵ Ͳ Ͳ y Ͳ sĂůŽƌƉƌĞƐĞŶƚĞ;ĂĐƚƵĂůͿͬsĂůŽƌĞƐƚŝŵĂĚŽ ^ŝŵ ^ŝŵ ^ŝŵ Ͳ ^ŝŵ Ͳ ^ŝŵ Ͳ ŵŽƌƚŝnjĂĕƁĞƐ ^ŝŵ ^ŝŵ ^ŝŵ ^ŝŵ ^ŝŵ ^ŝŵ ^ŝŵ ^ŝŵ WĞƌĚĂƐƉŽƌĚĞƚĞƌŝŽƌĂĕĆŽ ^ŝŵ ^ŝŵ ^ŝŵ Ͳ ^ŝŵ ^ŝŵ ^ŝŵ Ͳ DĠƚŽĚŽĚĂĞƋƵŝǀĂůġŶĐŝĂ ^ŝŵ ^ŝŵ ^ŝŵ Ͳ ^ŝŵ ^ŝŵ ^ŝŵ Ͳ &ŽŶƚĞ͗ ĞůĂďŽƌĂĕĆŽ ƉƌſƉƌŝĂ͘ /ŶƚƌŽĚƵĕĆŽ ƉĂşƐĞƐůşŶŐƵĂƉŽƌƚƵŐƵĞƐĂ KďũĞĐƚŝǀŽƐŝŶĨŽƌŵĂĕĆŽĨŝŶĂŶĐĞŝƌĂ ĂƌĂĐƚĞƌşƐƚŝĐĂƐƋƵĂůŝƚĂƚŝǀĂƐ WƌŝŶĐşƉŝŽƐĐŽŶƚĂďŝůşƐƚŝĐŽƐ ƌŝƚĠƌŝŽƐĚĞǀĂůŽƌŝŵĞƚƌŝĂ ůĂƐƐĞƐĚĞĐŽŶƚĂƐ ĞŵŽŶƐƚƌĂĕƁĞƐĐŽŶƚĂďŝůşƐƚŝĐĂƐ sŝƐĆŽ͗ϭŽƉŽƌƚƵŶŝĚĂĚĞ͊ ŽŶĐůƵƐƁĞƐ ŽŶƚƌŝďƵŝĕƁĞƐĞƐƉĞƌĂĚĂƐ /ŵƉůŝĐĂĕƁĞƐ >ŝŵŝƚĂĕƁĞƐ >ŝŶŚĂƐĚĞŽƌŝĞŶƚĂĕĆŽ ŽŶĐůƵƐƁĞƐ dƌĂŶƐĨĞƌġŶĐŝĂĚĞĐŽŶŚĞĐŝŵĞŶƚŽ

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>ŝŶŚĂĐŽŶĐĞƉƚƵĂů

/ŶƚƌŽĚƵĕĆŽ ƉĂşƐĞƐůşŶŐƵĂƉŽƌƚƵŐƵĞƐĂ KďũĞĐƚŝǀŽƐŝŶĨŽƌŵĂĕĆŽĨŝŶĂŶĐĞŝƌĂ ĂƌĂĐƚĞƌşƐƚŝĐĂƐƋƵĂůŝƚĂƚŝǀĂƐ WƌŝŶĐşƉŝŽƐĐŽŶƚĂďŝůşƐƚŝĐŽƐ ƌŝƚĠƌŝŽƐĚĞǀĂůŽƌŝŵĞƚƌŝĂ ůĂƐƐĞƐĚĞĐŽŶƚĂƐ ĞŵŽŶƐƚƌĂĕƁĞƐĐŽŶƚĂďŝůşƐƚŝĐĂƐ

EĂƉƌĞƉĂƌĂĕĆŽĚĂƐ&ΖƐƐĆŽƵƚŝůŝnjĂĚĂƐ≠

ďĂƐĞƐĚĞŵĞŶƐƵƌĂĕĆŽ ĞŵŐƌĂƵƐĚŝĨĞƌĞŶƚĞƐ ĞĞŵ

ĚŝǀĞƌƐĂƐĐŽŵďŝŶĂĕƁĞƐ͗

ďĂƐĞĚĞŵĞŶƐƵƌĂĕĆŽŐĞƌĂůŵĞŶƚĞĂĚŽƉƚĂĚĂƉĞůĂƐĞŶƚŝĚĂĚĞƐĂŽƉƌĞƉĂƌĂƌĂƐƐƵĂƐ&ΖƐĠŽ

h^dK,/^dMZ/K͘ƐƚĞĠĐŽŵďŝŶĂĚŽĐŽŵŽƵƚƌĂƐďĂƐĞƐĚĞŵĞŶƐƵƌĂĕĆŽ͘

sŝƐĆŽ͗ϭŽƉŽƌƚƵŶŝĚĂĚĞ͊ ŽŶĐůƵƐƁĞƐ ŽŶƚƌŝďƵŝĕƁĞƐĞƐƉĞƌĂĚĂƐ /ŵƉůŝĐĂĕƁĞƐ >ŝŵŝƚĂĕƁĞƐ >ŝŶŚĂƐĚĞŽƌŝĞŶƚĂĕĆŽ ŽŶĐůƵƐƁĞƐ dƌĂŶƐĨĞƌġŶĐŝĂĚĞĐŽŶŚĞĐŝŵĞŶƚŽ

͞^ĞƉĂƌĂĚŽƐƉĞůŽKĐĞĂŶŽ͕hŶŝĚŽƐƉĞůĂŽŶƚĂďŝůŝĚĂĚĞ͟

Espaço lusófono

(11)

sĂůŽƌŝnjĂĕĆŽĞƚƌĂŶƐĨĞƌġŶĐŝĂĚŽĐŽŶŚĞĐŝŵĞŶƚŽ

/ŶƚƌŽĚƵĕĆŽ ƉĂşƐĞƐůşŶŐƵĂƉŽƌƚƵŐƵĞƐĂ KďũĞĐƚŝǀŽƐŝŶĨŽƌŵĂĕĆŽĨŝŶĂŶĐĞŝƌĂ ĂƌĂĐƚĞƌşƐƚŝĐĂƐƋƵĂůŝƚĂƚŝǀĂƐ WƌŝŶĐşƉŝŽƐĐŽŶƚĂďŝůşƐƚŝĐŽƐ ƌŝƚĠƌŝŽƐĚĞǀĂůŽƌŝŵĞƚƌŝĂ ůĂƐƐĞƐĚĞĐŽŶƚĂƐ ĞŵŽŶƐƚƌĂĕƁĞƐĐŽŶƚĂďŝůşƐƚŝĐĂƐ

ͻ

ƵƚŽƌŝĂ Ğ ĐŽͲĂƵƚŽƌŝĂ ĚĞ ƉĂƚĞŶƚĞƐ͘

ͻ

ĐĕƁĞƐ ĚĞ ĚŝǀƵůŐĂĕĆŽ ĐŝĞŶƚşĨŝĐĂ͕ ĐƵůƚƵƌĂů ŽƵ ƚĞĐŶŽůſŐŝĐĂ͘

ͻ

WƵďůŝĐĂĕƁĞƐ ĚĞ ĚŝǀƵůŐĂĕĆŽ ĐŝĞŶƚşĨŝĐĂ͕ ĐƵůƚƵƌĂů ŽƵ ƚĞĐŶŽůſŐŝĐĂ͘

ͻ

ĐĕƁĞƐ ĚĞ ĨŽƌŵĂĕĆŽ ƉƌŽĨŝƐƐŝŽŶĂů ĚŝƌŝŐŝĚĂƐ ƉĂƌĂ Ž ĞdžƚĞƌŝŽƌ͘

sŝƐĆŽ͗ϭŽƉŽƌƚƵŶŝĚĂĚĞ͊ ŽŶĐůƵƐƁĞƐ ŽŶƚƌŝďƵŝĕƁĞƐĞƐƉĞƌĂĚĂƐ /ŵƉůŝĐĂĕƁĞƐ >ŝŵŝƚĂĕƁĞƐ >ŝŶŚĂƐĚĞŽƌŝĞŶƚĂĕĆŽ ŽŶĐůƵƐƁĞƐ dƌĂŶƐĨĞƌġŶĐŝĂĚĞĐŽŶŚĞĐŝŵĞŶƚŽ

ĞŶĞĨşĐŝŽƐ

ͻ

/ŶĐƌĞŵĞŶƚŽ ĚŽ ŝŶƚĞƌĐąŵďŝŽ ĞĚƵĐĂĐŝŽŶĂů Ğ ĐƵůƚƵƌĂů ;ĞŶƐŝŶŽͿ Ğ ƉƌŽĨŝƐƐŝŽŶĂů

;ĨŽƌŵĂĕĆŽ ĂŽ ůŽŶŐŽ ĚĂ ǀŝĚĂͿ͘

ͻ

ƌŝĂĕĆŽ ĚĞ ƉůĂƚĂĨŽƌŵĂƐ ĐŽŵƵŶƐ ĚĞ ĞŶƐŝŶŽ Ă ĚŝƐƚąŶĐŝĂ͘

ͻ

dƌĂŶƐĨĞƌġŶĐŝĂ ĚĞ ĐŽŶŚĞĐŝŵĞŶƚŽ ;ŝŶǀĞƐƚŝŐĂĕĆŽ ƚĠĐŶŝĐĂ Ğ ĐŝĞŶƚşĨŝĐĂͿ͘

ͻ

K ĚĞƐĞŶǀŽůǀŝŵĞŶƚŽ ĚĂ ĐŽŽƉĞƌĂĕĆŽ ĞĐŽŶſŵŝĐĂ Ğ ĞŵƉƌĞƐĂƌŝĂů͕ ĂƚƌĂǀĠƐ ĚĂ

ĚĞĨŝŶŝĕĆŽ Ğ ĐŽŶĐƌĞƚŝnjĂĕĆŽ ĚĞ ƉƌŽũĞĐƚŽƐ͘

ͻ

ZĞĨŽƌĕŽ ĚĂ ůşŶŐƵĂ ƉŽƌƚƵŐƵĞƐĂ ĐŽŵŽ Ƶŵ ĚŽƐ ƚƌĂĕŽƐ ŵĂŝƐ ƌĞůĞǀĂŶƚĞƐ ĚĂ

ŝĚĞŶƚŝĚĂĚĞ ĞƐƉĞĐşĨŝĐĂ ĚŽƐ ƉĂşƐĞƐ͘

/ŶƚƌŽĚƵĕĆŽ ƉĂşƐĞƐůşŶŐƵĂƉŽƌƚƵŐƵĞƐĂ KďũĞĐƚŝǀŽƐŝŶĨŽƌŵĂĕĆŽĨŝŶĂŶĐĞŝƌĂ ĂƌĂĐƚĞƌşƐƚŝĐĂƐƋƵĂůŝƚĂƚŝǀĂƐ WƌŝŶĐşƉŝŽƐĐŽŶƚĂďŝůşƐƚŝĐŽƐ ƌŝƚĠƌŝŽƐĚĞǀĂůŽƌŝŵĞƚƌŝĂ ůĂƐƐĞƐĚĞĐŽŶƚĂƐ ĞŵŽŶƐƚƌĂĕƁĞƐĐŽŶƚĂďŝůşƐƚŝĐĂƐ sŝƐĆŽ͗ϭŽƉŽƌƚƵŶŝĚĂĚĞ͊ ŽŶĐůƵƐƁĞƐ ŽŶƚƌŝďƵŝĕƁĞƐĞƐƉĞƌĂĚĂƐ /ŵƉůŝĐĂĕƁĞƐ >ŝŵŝƚĂĕƁĞƐ >ŝŶŚĂƐĚĞŽƌŝĞŶƚĂĕĆŽ ŽŶĐůƵƐƁĞƐ dƌĂŶƐĨĞƌġŶĐŝĂĚĞĐŽŶŚĞĐŝŵĞŶƚŽ

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^ŝƐƚĞŵĂƐĞĚƵĐĂƚŝǀŽƐ͗ƌĂƐŝů

ǀƐ

WŽƌƚƵŐĂů

&ŽŶƚĞ͗ĞůĂďŽƌĂĕĆŽƉƌſƉƌŝĂ͕ĂƉĂƌƚŝƌĚĞ

ŚƚƚƉ͗ͬͬǁǁǁ͘ŽĞŝ͘ĞƐͬŝŶĚĞdž͘ƉŚƉ

͘

;KƌŐĂŶŝnjĂĕĆŽĚŽƐƐƚĂĚŽƐ/ďĞƌŽͲĂŵĞƌŝĐĂŶŽƐƉĂƌĂĂĚƵĐĂĕĆŽ͕ĂŝġŶĐŝĂĞĂƵůƚƵƌĂͿ

ŽŶƚƌŝďƵŝĕƁĞƐĞƐƉĞƌĂĚĂƐ

ͻ ǀĂŶĕŽƐŶŽĚŽŵşŶŝŽĚĞƵŵĂůŝŶŐƵĂŐĞŵĞŵƉƌĞƐĂƌŝĂůĐŽŵƵŵ͘

ͻ ZĞĨŽƌĕŽĚĂƐƌĞůĂĕƁĞƐĐŽŵĞƌĐŝĂŝƐĞĚŽĚĞƐĞŶǀŽůǀŝŵĞŶƚŽĚĂĐŽŽƉĞƌĂĕĆŽ

ĞĐŽŶſŵŝĐĂĞĞŵƉƌĞƐĂƌŝĂů͘

ͻ ŽŽƉĞƌĂĕĆŽŶŽĐĂŵƉŽĚŽĞŶƐŝŶŽ͕ĚĂŝŶǀĞƐƚŝŐĂĕĆŽĐŝĞŶƚşĨŝĐĂĞĚŽ

ĚĞƐĞŶǀŽůǀŝŵĞŶƚŽƚĞĐŶŽůſŐŝĐŽĞŵĐŽŶƚĂďŝůŝĚĂĚĞ͘

/ŶƚƌŽĚƵĕĆŽ ƉĂşƐĞƐůşŶŐƵĂƉŽƌƚƵŐƵĞƐĂ KďũĞĐƚŝǀŽƐŝŶĨŽƌŵĂĕĆŽĨŝŶĂŶĐĞŝƌĂ ĂƌĂĐƚĞƌşƐƚŝĐĂƐƋƵĂůŝƚĂƚŝǀĂƐ WƌŝŶĐşƉŝŽƐĐŽŶƚĂďŝůşƐƚŝĐŽƐ ƌŝƚĠƌŝŽƐĚĞǀĂůŽƌŝŵĞƚƌŝĂ ůĂƐƐĞƐĚĞĐŽŶƚĂƐ ĞŵŽŶƐƚƌĂĕƁĞƐĐŽŶƚĂďŝůşƐƚŝĐĂƐ sŝƐĆŽ͗ϭŽƉŽƌƚƵŶŝĚĂĚĞ͊ ŽŶĐůƵƐƁĞƐ ŽŶƚƌŝďƵŝĕƁĞƐĞƐƉĞƌĂĚĂƐ /ŵƉůŝĐĂĕƁĞƐ >ŝŵŝƚĂĕƁĞƐ >ŝŶŚĂƐĚĞŽƌŝĞŶƚĂĕĆŽ ŽŶĐůƵƐƁĞƐ dƌĂŶƐĨĞƌġŶĐŝĂĚĞĐŽŶŚĞĐŝŵĞŶƚŽ

(13)

/ŵƉůŝĐĂĕƁĞƐ

ĞŵƉƌĞƐĂƐŶĆŽĨŝŶĂŶĐĞŝƌĂƐĞƉĂşƐĞƐĞƐƚƵĚĂĚŽƐ

ͻ WĂƌƚŝĐŝƉĂĕĆŽŶĂŚĂƌŵŽŶŝnjĂĕĆŽĐŽŶƚĂďŝůşƐƚŝĐĂăĞƐĐĂůĂŵƵŶĚŝĂů͘

ͻĐƚƵĂĕĆŽĐŽŶũƵŶƚĂĐŽŵŽďĂƐĞĚĞƵŵĂŝŶĨůƵġŶĐŝĂŵĂŝƐƐŝŐŶŝĨŝĐĂƚŝǀĂ͘

ͻ ƉƌĞƐĞŶƚĂĕĆŽĚĂƐĐŽŶƚĂƐŶƵŵĂůŝŶŐƵĂŐĞŵĐŽŵƵŵĞ͕ůŽŐŽ͕ŵĂŝŽƌĐŽŶĨŝĂŶĕĂ

ĚŽƐŝŶǀĞƐƚŝĚŽƌĞƐŵŽƚŝǀĂĚĂƉĞůĂĐŽŵƉĂƌĂďŝůŝĚĂĚĞ͘

ͻ ŽŶĐŝůŝĂĕĆŽĚŽƐƉƌŽĐĞƐƐŽƐĚĞŶŽƌŵĂůŝnjĂĕĆŽ͘

/ŶƚƌŽĚƵĕĆŽ ƉĂşƐĞƐůşŶŐƵĂƉŽƌƚƵŐƵĞƐĂ KďũĞĐƚŝǀŽƐŝŶĨŽƌŵĂĕĆŽĨŝŶĂŶĐĞŝƌĂ ĂƌĂĐƚĞƌşƐƚŝĐĂƐƋƵĂůŝƚĂƚŝǀĂƐ WƌŝŶĐşƉŝŽƐĐŽŶƚĂďŝůşƐƚŝĐŽƐ ƌŝƚĠƌŝŽƐĚĞǀĂůŽƌŝŵĞƚƌŝĂ ůĂƐƐĞƐĚĞĐŽŶƚĂƐ ĞŵŽŶƐƚƌĂĕƁĞƐĐŽŶƚĂďŝůşƐƚŝĐĂƐ sŝƐĆŽ͗ϭŽƉŽƌƚƵŶŝĚĂĚĞ͊ ŽŶĐůƵƐƁĞƐ ŽŶƚƌŝďƵŝĕƁĞƐĞƐƉĞƌĂĚĂƐ /ŵƉůŝĐĂĕƁĞƐ >ŝŵŝƚĂĕƁĞƐ >ŝŶŚĂƐĚĞŽƌŝĞŶƚĂĕĆŽ ŽŶĐůƵƐƁĞƐ dƌĂŶƐĨĞƌġŶĐŝĂĚĞĐŽŶŚĞĐŝŵĞŶƚŽ

>ŝŵŝƚĂĕƁĞƐĚŽĞƐƚƵĚŽ

ͻ ĚĞĨŝŶŝĕĆŽĚŽƐŽďũĞĐƚŝǀŽƐĚĞůŝŵŝƚĂŽƉƌſƉƌŝŽŽďũĞĐƚŽĚŽĞƐƚƵĚŽ͘

ͻ ĞdžƚĞŶƐĆŽ͕ĂĞůĞǀĂĚĂĐŽŵƉůĞdžŝĚĂĚĞĞĂĚŝŶąŵŝĐĂĚŽŽďũĞĐƚŽ͗

Ÿ

ƐĞůĞĐĐŝŽŶĂƌŽƐĂƐƉĞĐƚŽƐƚĠĐŶŝĐŽƐĞĐŽŶĐĞƉƚƵĂŝƐ

Ÿ

ĞƐƚĂďĞůĞĐĞƌĂĂŵƉůŝƚƵĚĞƚĞŵƉŽƌĂů͘

ͻ ĚŝĨŝĐƵůĚĂĚĞŶĂŽďƚĞŶĕĆŽĚŽƐĚŽĐƵŵĞŶƚŽƐ͘

/ŶƚƌŽĚƵĕĆŽ ƉĂşƐĞƐůşŶŐƵĂƉŽƌƚƵŐƵĞƐĂ KďũĞĐƚŝǀŽƐŝŶĨŽƌŵĂĕĆŽĨŝŶĂŶĐĞŝƌĂ ĂƌĂĐƚĞƌşƐƚŝĐĂƐƋƵĂůŝƚĂƚŝǀĂƐ WƌŝŶĐşƉŝŽƐĐŽŶƚĂďŝůşƐƚŝĐŽƐ ƌŝƚĠƌŝŽƐĚĞǀĂůŽƌŝŵĞƚƌŝĂ ůĂƐƐĞƐĚĞĐŽŶƚĂƐ ĞŵŽŶƐƚƌĂĕƁĞƐĐŽŶƚĂďŝůşƐƚŝĐĂƐ sŝƐĆŽ͗ϭŽƉŽƌƚƵŶŝĚĂĚĞ͊ ŽŶĐůƵƐƁĞƐ ŽŶƚƌŝďƵŝĕƁĞƐĞƐƉĞƌĂĚĂƐ /ŵƉůŝĐĂĕƁĞƐ >ŝŵŝƚĂĕƁĞƐ >ŝŶŚĂƐĚĞŽƌŝĞŶƚĂĕĆŽ ŽŶĐůƵƐƁĞƐ dƌĂŶƐĨĞƌġŶĐŝĂĚĞĐŽŶŚĞĐŝŵĞŶƚŽ

(14)

>ŝŶŚĂƐĚĞŽƌŝĞŶƚĂĕĆŽƉĂƌĂŝŶǀĞƐƚŝŐĂĕƁĞƐĨƵƚƵƌĂƐ

ͻ WĂşƐĞƐůƵƐſĨŽŶŽƐ͗

Ͳ ĐŽŶƚĂƐĐŽŶƐŽůŝĚĂĚĂƐ͖

Ͳ ĞŵƉƌĞƐĂƐĨŝŶĂŶĐĞŝƌĂƐ͖

Ͳ ƐĞĐƚŽƌĚĂĐŽŶƚĂďŝůŝĚĂĚĞƉƷďůŝĐĂ͖

Ͳ ŝŶĨůƵġŶĐŝĂĚŽĂŵďŝĞŶƚĞĞŶǀŽůǀĞŶƚĞŶĂĐŽŶƚĂďŝůŝĚĂĚĞ͘

ͻ ŵŐĞƌĂů͕ĞƐƚƵĚŽƐŶŽąŵďŝƚŽĚĞŽƵƚƌŽƐƉĂşƐĞƐͬƌĞŐŝƁĞƐĐŽŵƚƌĂĕŽƐĚĞ

ŝĚĞŶƚŝĚĂĚĞ͘

/ŶƚƌŽĚƵĕĆŽ ƉĂşƐĞƐůşŶŐƵĂƉŽƌƚƵŐƵĞƐĂ KďũĞĐƚŝǀŽƐŝŶĨŽƌŵĂĕĆŽĨŝŶĂŶĐĞŝƌĂ ĂƌĂĐƚĞƌşƐƚŝĐĂƐƋƵĂůŝƚĂƚŝǀĂƐ WƌŝŶĐşƉŝŽƐĐŽŶƚĂďŝůşƐƚŝĐŽƐ ƌŝƚĠƌŝŽƐĚĞǀĂůŽƌŝŵĞƚƌŝĂ ůĂƐƐĞƐĚĞĐŽŶƚĂƐ ĞŵŽŶƐƚƌĂĕƁĞƐĐŽŶƚĂďŝůşƐƚŝĐĂƐ sŝƐĆŽ͗ϭŽƉŽƌƚƵŶŝĚĂĚĞ͊ ŽŶĐůƵƐƁĞƐ ŽŶƚƌŝďƵŝĕƁĞƐĞƐƉĞƌĂĚĂƐ /ŵƉůŝĐĂĕƁĞƐ >ŝŵŝƚĂĕƁĞƐ >ŝŶŚĂƐĚĞŽƌŝĞŶƚĂĕĆŽ ŽŶĐůƵƐƁĞƐ dƌĂŶƐĨĞƌġŶĐŝĂĚĞĐŽŶŚĞĐŝŵĞŶƚŽ

ŽŶĐůƵƐƁĞƐ

ƉĂƌĂĂĐŽŶƚĂďŝůŝĚĂĚĞŶŽƐƉĂşƐĞƐĚĞůşŶŐƵĂƉŽƌƚƵŐƵĞƐĂ

ͻ ŝǀĞƌƐŝĚĂĚĞĚĞƵƚŝůŝnjĂĚŽƌĞƐ͘

ͻ ƵƐƚŽŚŝƐƚſƌŝĐŽ͕ĐŽŵŽĐƌŝƚĠƌŝŽĨƵŶĚĂŵĞŶƚĂůĚĞǀĂůŽƌŝŵĞƚƌŝĂ͘

ͻ ĞŵŽŶƐƚƌĂĕƁĞƐĐŽŶƚĂďŝůşƐƚŝĐĂƐĚĞĂƉƌĞƐĞŶƚĂĕĆŽŽďƌŝŐĂƚſƌŝĂ͕ŶĆŽ

ŚĂƌŵŽŶŝnjĂĚĂƐ͘

ͻ WƌŝŶĐşƉŝŽƐĐŽŶƚĂďŝůşƐƚŝĐŽƐƐĞŵŵĂƚƌŝnjĐŽŵƵŵ͘

ͻ ZĞůĞǀąŶĐŝĂ͕ĨŝĂďŝůŝĚĂĚĞ͕ĐŽŵƉƌĞĞŶƐŝďŝůŝĚĂĚĞĞĐŽŵƉĂƌĂďŝůŝĚĂĚĞ͘

ͻ /ŵĂŐĞŵĨŝĚĞĚŝŐŶĂĞĂĚĞƋƵĂĚĂ͕ĐŽŶĐĞŝƚŽǀĂƌŝĄǀĞů

/ŶƚƌŽĚƵĕĆŽ ƉĂşƐĞƐůşŶŐƵĂƉŽƌƚƵŐƵĞƐĂ KďũĞĐƚŝǀŽƐŝŶĨŽƌŵĂĕĆŽĨŝŶĂŶĐĞŝƌĂ ĂƌĂĐƚĞƌşƐƚŝĐĂƐƋƵĂůŝƚĂƚŝǀĂƐ WƌŝŶĐşƉŝŽƐĐŽŶƚĂďŝůşƐƚŝĐŽƐ ƌŝƚĠƌŝŽƐĚĞǀĂůŽƌŝŵĞƚƌŝĂ ůĂƐƐĞƐĚĞĐŽŶƚĂƐ ĞŵŽŶƐƚƌĂĕƁĞƐĐŽŶƚĂďŝůşƐƚŝĐĂƐ sŝƐĆŽ͗ϭŽƉŽƌƚƵŶŝĚĂĚĞ͊ ŽŶĐůƵƐƁĞƐ ŽŶƚƌŝďƵŝĕƁĞƐĞƐƉĞƌĂĚĂƐ /ŵƉůŝĐĂĕƁĞƐ >ŝŵŝƚĂĕƁĞƐ >ŝŶŚĂƐĚĞŽƌŝĞŶƚĂĕĆŽ ŽŶĐůƵƐƁĞƐ dƌĂŶƐĨĞƌġŶĐŝĂĚĞĐŽŶŚĞĐŝŵĞŶƚŽ

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