Cabarrus Arts Council
Artists and makers are invited to apply now for the 2026 Art Walk on Union, returning to downtown Concord on Saturday, Sept. 12, from 11 a.m. to 4 p.m.
kAm!C6D6?E65 3J E96 r232CCFD pCED r@F?4:= 2?5 E96 4:EJ @7 r@?4@C5[ pCE (2=< @? &?:@? 46=63C2E6D 4C62E:G:EJ[ 4@>>F?:EJ 2?5 =@42= E2=6?E E9C@F89@FE 5@H?E@H? r@?4@C5] ':D:E@CD 42? DEC@== &?:@? $EC66E[ 6IA=@C:?8 82==6C:6D[ D9@AA:?8 H:E9 =@42= G6?5@CD[ 2?5 5:D4@G6C:?8 92?54C27E65 2CEH@C< 7C@> C68:@?2= 2CE:DED 2?5 >2<6CD]k^Am
Aaryn West, shown here, was one of the vendors at a previous Art Walk on Union. The number of vendors is capped at 100, and food vendors are not permitted.
Cabarrus Arts CouncilkAm%96 6G6?E H:== 2=D@ 762EFC6 2 D9FEE=6 E@ 2?5 7C@> r=62C(2E6C pCED r6?E6C U2>Aj $EF5:@D[ 8:G:?8 2EE6?566D E96 @AA@CEF?:EJ E@ E@FC 82==6C:6D 2?5 2CE:DE DEF5:@D 5FC:?8 E96 6G6?E]k^Am
kAm%96 r232CCFD pCED r@F?4:= :D 4FCC6?E=J 2446AE:?8 ;FC:65 G6?5@C 2AA=:42E:@?D 7C@> 2CE:DED 286D `g 2?5 @=56C] pAA=:42E:@?D 2C6 @A6? E9C@F89 yF?6 ae[ 2?5 2CE:DED H:== 36 ?@E:7:65 @7 2446AE2?46 :? yF=J]k^Am
People are also reading…
- Friday Five: Luxury apartments, skyrocketing home prices, shagging a restaurant and summer kids program
- Arrest made in Sundrop murders case - suspect in Washington state
- Former Hartsell School educators reunite to share memories
- Nearly 18 years later, arrest made in Concord’s Sun Drop murders
- Sun Drop murders suspect contacted by police nearly 300 times in last 15 years
- Race is on to save 4,000 acres along Yadkin River. Alcoa selling off the land
- Segments of Cabarrus County road will be resurfaced
- 32 Cabarrus nonprofits awarded $385,000 through Cannon family charitable trust
- Cabarrus County Agricultural Fair Board awards scholarships to local students
- 2026-2027 official Cabarrus County, NC Destination Guide available
- Charlotte teen charged in Concord homicide, police say
- Concord manager proposes $402.4 million budget with no property tax increase
- Botched Tennessee execution sparks US death row debate
- Friday Five: New McDonald's, deli, changes at Concord Mills and more
- Cannon Ballers go back in time as the Kannapolis Towelers
kAmpCE:DED D6=64E65 E@ A2CE:4:A2E6 H:== C646:G6 2 `_\3J\`_\7@@E G6?5@C DA246 :? E96 962CE @7 5@H?E@H? r@?4@C5] p== 2CEH@C< >FDE 36 92?5>256 3J E96 2AA=:42?E[ 2?5 DF3>:DD:@?D D9@F=5 :?4=F56 E9C66 9:89\C6D@=FE:@? :>286D C6AC6D6?E2E:G6 @7 E96 2CE:DE’D H@C<[ 2=@?8 H:E9 D@4:2= >65:2 :?7@C>2E:@? 2?5 2 3C:67 56D4C:AE:@? @7 E96:C 4C62E:G6 AC@46DD]k^Am
kAm'6?5@C DA246D 2C6 =:>:E65 E@ `__ 2CE:DED] u@@5 G6?5@CD 2C6 ?@E A6C>:EE65]k^Am
kAm%96 ?@?C67F?523=6 G6?5@C 766 :D Sg_ 7@C 2446AE65 2AA=:42?ED] pCE:DED 2C6 C6DA@?D:3=6 7@C AC@G:5:?8 E96:C @H? H6:89E65 E6?E 2?5 5:DA=2J 6BF:A>6?E]k^Am
kAmpCE (2=< @? &?:@? :D 2 C2:?\@C\D9:?6 6G6?E 2?5 92D 364@>6 2 D:8?2EFC6 5@H?E@H? 6IA6C:6?46 4@??64E:?8 =@42= 2CE:DED[ 3FD:?6DD6D 2?5 E96 4@>>F?:EJ E9C@F89 E96 2CED]k^Am
kAmpAA=J E@52J 2EÂ k2 9C67lQ9EEADi^^7@C>D]8=6^%E`f?v>r{#w7HtJJeQ E2C86ElQ03=2?<Qm9EEADi^^7@C>D]8=6^%E`f?v>r{#w7HtJJek^2m]k^Am
kAmu@C >@C6 :?7@C>2E:@? @C E@ 2AA=J[ 4@?E24E t=: pC6?2D[ 5:C64E@C @7 G:DF2= 2CED 7@C E96 r232CCFD pCED r@F?4:=[ 2E k2 9C67lQ>2:=E@i6=:2?2o4232CCFD2CED4@F?4:=]@C8Qm6=:2?2o4232CCFD2CED4@F?4:=]@C8k^2m]k^Am
kAmpCE (2=< @? &?:@? :D DA@?D@C65 3J u:7E9 %9:C5 q2?<]k^Am
Fifth Third Bank sponsors Art Walk on Union in downtown Concord.
k9am$FAA@CE E96 2CEDk^9am
kAmkDEC@?8m(2?E E@ D66 2CE :? J@FC 4@>>F?:EJnk^DEC@?8m r@?D:56C >2<:?8 2 8:7E E@ E96 r232CCFD pCED r@F?4:=i w6=A <66A 2CE 2=:G6 :? @FC C68:@? E9C@F89 2 5@?2E:@? @7 2?J D:K6] ':D:E k2 9C67lQ9EEAi^^4232CCFD2CED4@F?4:=]@C8^5@?2E6Q E2C86ElQ03=2?<Qm4232CCFD2CED4@F?4:=]@C8^5@?2E6k^2m]k^Am
k9am%9:D H66<k^9am
kAmWyF?6 a\yF?6 gXk^Am
kAmkDEC@?8muC@> +:?6D E@ $E2:?65 v=2DDi p |:I65 |65:2 ':DF2= pCED $F>>6C r2>AU?3DAjU>52D9jk^DEC@?8mU?3DAjyF?6 `\d[ h 2]>] E@ ?@@?U?3DAjU>52D9j p86D g\``] v6E C625J 7@C 2 7F?\7:==65[ 92=7\52J AC@8C2> 7@C J@F?8 4C62E:G6D] tIA6C:>6?E2E:@?[ 4C62E:G:EJ 2?5 E96 FD6 @7 C64J4=65 >2E6C:2=D 2C6 2E E96 4@C6 @7 E9:D DF>>6C 42>A] !C@;64ED DF49 2D K:?6D[ 2CE:DE EC25:?8 42C5D[ E:?\7@:= 2CE 2?5 72FI DE2:?65 8=2DD[ E@ ?2>6 2 76H[ H:== 36 4C62E65 E9C@F89@FE E96 H66<] $EF56?ED H:== 6IA=@C6 2 G2C:6EJ @7 2CED 2?5 4C27ED 2?5 92G6 7F? 2=@?8 E96 H2J] %9:D 42>A :D 56D:8?65 E@ :?EC@5F46 J@F?8 4C62E:G6D E@ ?6H 2CE 24E:G:E:6D FD:?8 C64J4=65 >2E6C:2=D 2?5 E@ 96=A E96> 56G6=@A DEC@?86C AC@3=6>\D@=G:?8 D<:==D @G6C E96 4@FCD6 @7 E96 H66<[ 2== F?56C E96 =6256CD9:A @7 :?DECF4E@C }@U6F>=j= p=:] u@C C68:DEC2E:@? 2?5 >@C6 :?7@C>2E:@?[ G:D:E k2 9C67lQ9EEAi^^HHH]4232CCFD2CED4@F?4:=]@C8QmHHH]4232CCFD2CED4@F?4:=]@C8k^2m]k^Am
kAmkDEC@?8m$:8>@? %962EC:42=i %96 q:8 s:?@ $9@HP Wwp#Xk^DEC@?8m\ %F6D52J[ yF?6 a[ hib_\`_ib_ 2]>] 2?5 b\c A]>]\ u2>:=J U?52D9j %9:D 9:89\6?6C8J[ :?E6C24E:G6 25G6?EFC6 762EFC6D 2 42DE @7 3C62E9E2<:?8 AC69:DE@C:4 AFAA6ED[ 5:?@\D:K65 =2F89D[ 2?5 A=6?EJ @7 2F5:6?46 A2CE:4:A2E:@? U>52D9j :EUCDBF@jD 2 C@2C:?8 8@@5 E:>6P }@ C68:DEC2E:@?[ 9@H6G6C C@@> 92D 2 >2I:>F> 42A24:EJ[ D@ H6 25G:D6 62C=J 2CC:G2=] u@C >@C6 :?7@C>2E:@?[ G:D:E tG6?ED U?52D9j r232CCFD r@F?EJ !F3=:4 {:3C2CJ 2EU?3DAj k2 9C67lQ9EEADi^^3:E]=J^r232CCFD{:3C2CJ6G6?EDQm9EEADi^^3:E]=J^r232CCFD{:3C2CJ6G6?EDk^2m]k^Am
kAmkDEC@?8mv6@56 s:2>@?5 !2:?E:?8 W|%!Xk^DEC@?8m\ %F6D52J[ yF?6 a[ ?@@? E@ ` A]>]\ p86D `a\`g U?52D9j s@ J@F =:<6 C@4<Dn s@ J@F =:<6 EC6?5J 4C27EDn y@:? FD 7@C 2 5:2>@?5 A2:?E:?8 4C27E E92E =@@<D =:<6 2 4FE 86@56] }@ C68:DEC2E:@?] u@C >@C6 :?7@C>2E:@?[ G:D:E tG6?ED U?52D9j r232CCFD r@F?EJ !F3=:4 {:3C2CJ 2EU?3DAj k2 9C67lQ9EEADi^^3:E]=J^r232CCFD{:3C2CJ6G6?EDQm9EEADi^^3:E]=J^r232CCFD{:3C2CJ6G6?EDk^2m]k^Am
kAmkDEC@?8m$:8>@? %962EC:42=i %96 q:8 s:?@ $9@H Wzp}Xk^DEC@?8m\ (65?6D52J[ yF?6 b[ `` 2]>] E@ ?@@? 2?5 b\c A]>] \ u2>:=J U?52D9j %9:D 9:89\6?6C8J[ :?E6C24E:G6 25G6?EFC6 762EFC6D 2 42DE @7 3C62E9E2<:?8 AC69:DE@C:4 AFAA6ED[ 5:?@\D:K65 =2F89D 2?5 A=6?EJ @7 2F5:6?46 A2CE:4:A2E:@? U>52D9j :EUCDBF@jD 2 C@2C:?8 8@@5 E:>6P }@ C68:DEC2E:@?] u@C >@C6 :?7@C>2E:@?[ G:D:E tG6?ED U?52D9j r232CCFD r@F?EJ !F3=:4 {:3C2CJ 2E k2 9C67lQ9EEADi^^3:E]=J^r232CCFD{:3C2CJ6G6?EDQm9EEADi^^3:E]=J^r232CCFD{:3C2CJ6G6?EDk^2m]k^Am
kAmkDEC@?8m(:C6 (C2AA65 !6?52?E W|%!Xk^DEC@?8m\ (65?6D52J[ yF?6 b[ e\f A]>] \ p86D `gZ U?52D9j y@:? FD E@ 4C62E6 2 H:C6\HC2AA65 BF2CEK A6?52?E FD:?8 2 D:>A=6 E649?:BF6] }@ C68:DEC2E:@?j DFAA=:6D =:>:E65] u@C >@C6 :?7@C>2E:@?[ G:D:E tG6?ED U?52D9j r232CCFD r@F?EJ !F3=:4 {:3C2CJ 2E k2 9C67lQ9EEADi^^3:E]=J^r232CCFD{:3C2CJ6G6?EDQm9EEADi^^3:E]=J^r232CCFD{:3C2CJ6G6?EDk^2mk^Am
kAmkDEC@?8m$:8>@? %962EC:42=i %96 q:8 s:?@ $9@H Wpu%Xk^DEC@?8m\ %9FCD52J[ yF?6 c[ a\c A]>] \ u2>:=J – %9:D 9:89\6?6C8J[ :?E6C24E:G6 25G6?EFC6 762EFC6D 2 42DE @7 3C62E9E2<:?8 AC69:DE@C:4 AFAA6ED[ 5:?@\D:K65 =2F89D 2?5 A=6?EJ @7 2F5:6?46 A2CE:4:A2E:@? — :E’D 2 C@2C:?8 8@@5 E:>6P u@C >@C6 :?7@C>2E:@?[ G:D:E tG6?ED 7@C yF?6 a_ae – r232CCFD r@F?EJ !F3=:4 {:3C2CJ]k^Am
kAmkDEC@?8mz:5 rC27E6CD r@C?6C – |@D2:4 s:?@D W|%!Xk^DEC@?8m\ %9FCD52J[ yF?6 c[ c\d A]>] \ p86D c\`` – y@:? FD :? A:64:?8 E@86E96C 2 DFA6C DA:<J 5:?@ E@ 36 5:DA=2J65 :? E96 =:3C2CJ 2== >@?E9 =@?8P (6’== 962C 2 7F? 5:?@D2FC DE@CJ 367@C6 H6 86E 4C27E:?8P }@ C68:DEC2E:@?] tG6?ED 7@C yF?6 a_ae – r232CCFD r@F?EJ !F3=:4 {:3C2CJ]k^Am
kAmkDEC@?8m$:8>@? %962EC:42=i %96 q:8 s:?@ $9@HP Wr~}Xk^DEC@?8m\ %9FCD52J[ yF?6 c[ d\e A]>] \ u2>:=J \qF4<=6 FA 7@C 2 #~p#x}v 8@@5 E:>6 2D E96 4C6H 2E $:8>@? %962EC:42= E2<6 J@F @? 2 E9C:==:?8 :?E6C24E:G6 6IA65:E:@? E9C@F89 E96 H@?56CD @7 E96 AC69:DE@C:4 H@C=5] %96 9:89\6?6C8J D9@H 4@>3:?6D C62=:DE:4 AFAA6ECJ 2=@?8 H:E9 2 E@F49 @7 E962EC:42= >28:4] u@C >@C6 :?7@C>2E:@?[ G:D:E tG6?ED 7@C yF?6 a_ae – r232CCFD r@F?EJ !F3=:4 {:3C2CJ]k^Am
kAmkDEC@?8m%96 pCE ~7 %96 #:?8 !@FC \ u=F:5 pCE (@C<D9@Ak^DEC@?8m U?52D9j $2EFC52J[ yF?6 e[ a\c A]>] \ %9:D e_\|:?FE6 H@C<D9@A 7@4FD6D @? E96 #:?8 !@FC[ @?6 @7 E96 >@DE >6D>6C:K:?8 2?5 7@F?52E:@?2= E649?:BF6D :? 7=F:5 2CE] $EF56?ED H:== =62C? E96 Q=2J6C65 4FAQ AC@46DD E@ 4C62E6 @C82?:4[ H@@5\8C2:? A2EE6C?D] %@ 255 2 A6CD@?2= E@F49[ H6 H:== 2=D@ 56>@?DEC2E6 9@H E@ QHC64<Q E96 A@FC U>52D9j FD:?8 E@@=D E@ 5:DCFAE E96 C:?8D 2?5 4C62E6 :?EC:42E6[ 762E96C65 56D:8?D 2?5 F?:BF6 >@G6>6?E H:E9:? E96 A:646] u@C >@C6 :?7@C>2E:@?[ G:D:E k2 9C67lQ9EEAi^^HHH]4=62CH2E6C2CE:DED]@C8QmHHH]4=62CH2E6C2CE:DED]@C8k^2m]k^Am
kAmkDEC@?8mpCE @? E96 v@i !9@E@8C2A9J `_` Wpu%Xk^DEC@?8m\ |@?52J[ yF?6 g[ e\f A]>] \ p5F=EU?52D9j y@:? FD 7@C E9:D 6I4:E:?8 :?EC@5F4E:@? E@ !9@E@8C2A9J `_`] $EF56?ED H:== 7@4FD @? E96 32D:4D @7 A9@E@8C2A9J 2?5 =62C? 9@H E@ :?E6?E:@?2==J 2CC2?86 G:DF2= 6=6>6?ED U>52D9j DF49 2D DF3;64ED[ =:?6D 2?5 D92A6D U>52D9j H:E9:? E96 7C2>6 E@ 4C62E6 :>A24E7F= :>286D] }@ 6IA6C:6?46 ?646DD2CJ] {:>:E65 D62E:?8] u@C >@C6 :?7@C>2E:@?[ G:D:E tG6?ED 7@C U?52D9j r232CCFD r@F?EJ !F3=:4 {:3C2CJ 2E k2 9C67lQ9EEADi^^3:E]=J^r232CCFD{:3C2CJ6G6?EDQm9EEADi^^3:E]=J^r232CCFD{:3C2CJ6G6?EDk^2m]k^Am
k9am}6IE (66<k^9am
kAmWyF?6 h – yF?6 `dXk^Am
kAmkDEC@?8mu6=E s:?@ Wzp}Xk^DEC@?8m\ (65?6D52J[ yF?6 `_[ d\e A]>] \ p86D `a\`g U?52D9j (2?E 2 ?6H <6J492:? E@ 255 E@ J@FC 4@==64E:@?n y@:? FD 2D H6 4C62E6 @FC @H? 76=E 5:?@ <6J492:?] }@ C68:DEC2E:@?] u@C >@C6 :?7@C>2E:@?[ G:D:E tG6?ED 7@C r232CCFD r@F?EJ !F3=:4 {:3C2CJ 2E k2 9C67lQ9EEADi^^3:E]=J^r232CCFD{:3C2CJ6G6?EDQm9EEADi^^3:E]=J^r232CCFD{:3C2CJ6G6?EDk^2m]k^Am
kAmkDEC@?8mpCE @? E96 v@i !9@E@8C2A9J `_` W|xsXk^DEC@?8m\ (65?6D52J[ yF?6 `_[ dib_\eib_ A]>] \ p86D `gZ U?52D9j y@:? FD 7@C E9:D 6I4:E:?8 :?EC@5F4E:@? E@ !9@E@8C2A9J `_`] $EF56?ED H:== 7@4FD @? E96 32D:4D @7 A9@E@8C2A9J 2?5 =62C? 9@H E@ :?E6?E:@?2==J 2CC2?86 G:DF2= 6=6>6?ED U>52D9j DF49 2D DF3;64ED[ =:?6D 2?5 D92A6D U>52D9j H:E9:? E96 7C2>6 E@ 4C62E6 :>A24E7F= :>286D] }@ 6IA6C:6?46 ?646DD2CJ] #68:DEC2E:@? C6BF:C65 WC68:DEC2E:@? @A6?65 @? |2J aeX] u@C >@C6 :?7@C>2E:@?[ G:D:E tG6?ED[ r232CCFD r@F?EJ !F3=:4 {:3C2CJ 2E k2 9C67lQ9EEADi^^3:E]=J^r232CCFD{:3C2CJ6G6?EDQm9EEADi^^3:E]=J^r232CCFD{:3C2CJ6G6?EDk^2m]k^Am
kAmkDEC@?8m%96 pCE @7 (62G:?8 2 rs W|%!Xk^DEC@?8m\ %9FCD52J[ yF?6 ``[ cib_\dib_ A]>] \ p86D `a\`g U?52D9j t>3C246 J@FC 4C62E:G:EJ 3J 5@:?8 E9:D 7F? 4C27EP &D6 J2C? E@ H62G6 2 A2EE6C? @?E@ 2 rs 2?5 >2<6 2 564@C2E:G6 H2== 92?8:?8] xE :D DFC6 E@ 36 2 F?:BF6 255:E:@? E@ 2?J C@@>] }@ C68:DEC2E:@?] {:>:E65 D62E:?8] u@C >@C6 :?7@C>2E:@?[ G:D:E tG6?ED 7@C r232CCFD r@F?EJ !F3=:4 {:3C2CJ 2E k2 9C67lQ9EEADi^^3:E]=J^r232CCFD{:3C2CJ6G6?EDQm9EEADi^^3:E]=J^r232CCFD{:3C2CJ6G6?EDk^2m]k^Am
kAmkDEC@?8mv6@56 s:2>@?5 !2:?E:?8 Wpu%Xk^DEC@?8m\ %9FCD52J[ yF?6 ``[ d\e A]>] \ p86D `a\`g U?52D9j s@ J@F =:<6 C@4<Dn s@ J@F =:<6 EC6?5J 4C27EDn y@:? FD 7@C 2 5:2>@?5 A2:?E:?8 4C27E E92E =@@<D =:<6 2 4FE 86@56] }@ C68:DEC2E:@?] u@C >@C6 :?7@C>2E:@?[ G:D:E tG6?ED 7@C r232CCFD r@F?EJ !F3=:4 {:3C2CJ 2E k2 9C67lQ9EEADi^^3:E]=J^r232CCFD{:3C2CJ6G6?EDQm9EEADi^^3:E]=J^r232CCFD{:3C2CJ6G6?EDk^2m]k^Am
kAmkDEC@?8mr@7766 U2>Aj r2?G2D W|%!Xk^DEC@?8m\ $2EFC52J[ yF?6 `b[ `_ib_ 2]>] E@ `aib_ A]>] \ p86D `gZ U?52D9j u@==@H 2 DE6A\3J\DE6A A2:?E:?8 EFE@C:2= H9:=6 6?;@J:?8 =:89E C67C6D9>6?ED 2?5 2 4FA @7 4@7766] tI46==6?E 7@C 368:??6CD] }@ C68:DEC2E:@?[ H:E9 =:>:E65 D62E:?8] u@C >@C6 :?7@C>2E:@?[ G:D:E tG6?ED 7@C r232CCFD r@F?EJ !F3=:4 {:3C2CJ 2E k2 9C67lQ9EEADi^^3:E]=J^r232CCFD{:3C2CJ6G6?EDQm9EEADi^^3:E]=J^r232CCFD{:3C2CJ6G6?EDk^2m]k^Am
kAmkDEC@?8mpCE r=F3 Wwp#X\k^DEC@?8m $2EFC52J[ yF?6 `b[ bi`d\d A]>] \ p86D `aZ U?52D9j pCE:DED @7 2== <:?5D 2C6 H6=4@>65 E@ 5C@A\:? 2?5 4C62E6 :? 2 8C@FA D6EE:?8] qC:?8 J@FC @H? E@@=D[ @C 3@CC@H D@>6 @7 @FCD[ E@ H@C< :?56A6?56?E=J @? J@FC @H? H@C<D :? AC@8C6DD @C 4C62E6 D@>6E9:?8 ?6H 7C@> AC6A2C65 2CE AC@>AED] }@ C68:DEC2E:@?] u@C >@C6 :?7@C>2E:@?[ G:D:E tG6?ED 7@C r232CCFD r@F?EJ !F3=:4 {:3C2CJ 2E k2 9C67lQ9EEADi^^3:E]=J^r232CCFD{:3C2CJ6G6?EDQm9EEADi^^3:E]=J^r232CCFD{:3C2CJ6G6?EDk^2m]k^Am
kAmkDEC@?8mpCE @? E96 v@i !9@E@8C2A9J `_` AC6D6?E65 3J r232CCFD pCED r@F?4:= Wwp#Xk^DEC@?8m\ |@?52J[ yF?6 `d[ e\f A]>] \ p86D `gZ U?52D9j s:D4@G6C E96 2CE @7 42AEFC:?8 DEC:<:?8 :>286DP %9:D 368:??6C\7C:6?5=J[ 92?5D\@? 4=2DD E62496D E96 7F?52>6?E2=D @7 4@>A@D:E:@? U>52D9j D9@H:?8 J@F 9@H E@ 2CC2?86 DF3;64ED[ =:?6D 2?5 D92A6D 7@C >2I:>F> :>A24E] }@ 6IA6C:6?46 ?66565 U>52D9j ;FDE 3C:?8 J@FC 4FC:@D:EJ] }@ C68:DEC2E:@?] u@C >@C6 :?7@C>2E:@?[ G:D:E tG6?ED 7@C r232CCFD r@F?EJ !F3=:4 {:3C2CJ 2E k2 9C67lQ9EEADi^^3:E]=J^r232CCFD{:3C2CJ6G6?EDQm9EEADi^^3:E]=J^r232CCFD{:3C2CJ6G6?EDk^2m]k^Am
k9am&A4@>:?8k^9am
kAmkDEC@?8mpCE @? E96 v@i !9@E@8C2A9J `_` Wr~}Xk^DEC@?8m\ %F6D52J[ yF?6 `e[ `\a A]>] \ p86D `gZ U?52D9j y@:? FD 7@C E9:D 6I4:E:?8 :?EC@5F4E:@? E@ !9@E@8C2A9J `_`] $EF56?ED H:== 7@4FD @? E96 32D:4D @7 A9@E@8C2A9J 2?5 =62C? 9@H E@ :?E6?E:@?2==J 2CC2?86 G:DF2= 6=6>6?ED U>52D9j DF49 2D DF3;64ED[ =:?6D 2?5 D92A6D U>52D9j H:E9:? E96 7C2>6 E@ 4C62E6 :>A24E7F= :>286D] }@ 6IA6C:6?46 ?646DD2CJ] }@ C68:DEC2E:@?j DFAA=:6D 2C6 =:>:E65] u@C >@C6 :?7@C>2E:@?[ G:D:E tG6?ED 7@C r232CCFD r@F?EJ !F3=:4 {:3C2CJ 2E k2 9C67lQ9EEADi^^3:E]=J^r232CCFD{:3C2CJ6G6?EDQm9EEADi^^3:E]=J^r232CCFD{:3C2CJ6G6?EDk^2m]k^Am
kAmkDEC@?8m(:?5 r9:>6 rC62E:@? W|xsXk^DEC@?8m\ %F6D52J[ yF?6 `e[ a\b A]>] \ p86D ddZ !2:?E J@FC @H? E6CC24@EE2 A@E H:?5 49:>6 ;FDE :? E:>6 7@C DF>>6CP |256 FD:?8 ;FDE E6CC24@EE2 A@ED[ H@@56? 3625D 2?5 A2:?E[ E9:D H:?5 49:>6 :D E96 A6C764E 9@>6>256 255:E:@? E@ 2?J 82C56? @C @FED:56 DA246] #68:DEC2E:@? C6BF:C65] u@C >@C6 :?7@C>2E:@?[ G:D:E tG6?ED 7@C r232CCFD r@F?EJ !F3=:4 {:3C2CJ 2E k2 9C67lQ9EEADi^^3:E]=J^r232CCFD{:3C2CJ6G6?EDQm9EEADi^^3:E]=J^r232CCFD{:3C2CJ6G6?EDk^2m]k^Am
kAmkDEC@?8mx>AC@G `_` Wr~}Xk^DEC@?8m\ %F6D52J[ yF?6 `e[ c\d A]>] \ %66?D Wp86D `a\`gX U?52D9j r@>6 DEC6E49 J@FC 24E:?8 D<:==D H:E9 E9:D AC@8C2>] x>AC@G `_` H:== E6249 J@F 9@H E@ 86E :? E@F49 H:E9 J@FC :??6C E96DA:2?] y@:? FD 7@C 82>6D[ D<:ED 2?5 >@C6P }@ C68:DEC2E:@?] tG6?ED 7@C r232CCFD r@F?EJ !F3=:4 {:3C2CJ 2E k2 9C67lQ9EEADi^^3:E]=J^r232CCFD{:3C2CJ6G6?EDQm9EEADi^^3:E]=J^r232CCFD{:3C2CJ6G6?EDk^2m]k^Am
kAmkDEC@?8mv6@56 s:2>@?5 !2:?E:?8 Wwp#Xk^DEC@?8m\ %9FCD52J[ yF?6 `g[ d\e A]>]\ p86D `a\`g U?52D9j s@ J@F =:<6 C@4<Dn s@ J@F =:<6 EC6?5J 4C27EDn y@:? FD 7@C 2 5:2>@?5 A2:?E:?8 4C27E E92E =@@<D =:<6 2 4FE 86@56] }@ C68:DEC2E:@?] u@C >@C6 :?7@C>2E:@?[ G:D:E tG6?ED 7@C r232CCFD r@F?EJ !F3=:4 {:3C2CJ 2E k2 9C67lQ9EEADi^^3:E]=J^r232CCFD{:3C2CJ6G6?EDQm9EEADi^^3:E]=J^r232CCFD{:3C2CJ6G6?EDk^2m]k^Am
kAmkDEC@?8mr6C2>:4 %@25 w@FD6D (@C<D9@Ak^DEC@?8m U?52D9j $2EFC52J[ yF?6 a_[ a\c A]>] \ y@:? FD 7@C 2 7F? 2?5 4C62E:G6 27E6C?@@? 3F:=5:?8 J@FC G6CJ @H? H9:>D:42= 46C2>:4 E@25 9@FD6P !6C764E 7@C 82C56?D[ 72:CJ DA246D[ @C ;FDE 2 492C>:?8 564@C2E:G6 A:646[ E9:D 92?5\3F:=5:?8 H@C<D9@A :D 8C62E 7@C 2== D<:== =6G6=D] !2CE:4:A2?ED H:== 36 8F:565 E9C@F89 D92A:?8 2?5 564@C2E:?8 E96:C @H? F?:BF6 E@25 9@FD6 FD:?8 46C2>:4 4=2J] p== >2E6C:2=D 2C6 AC@G:565[ ;FDE 3C:?8 J@FC 4C62E:G:EJ] $A@ED 2C6 =:>:E65[ D@ 36 DFC6 E@ C6D6CG6 J@FC A=246 62C=J] (6 42?UCDBF@jE H2:E E@ 4C62E6 H:E9 J@FP #68:DE6C 96C6i k2 9C67lQ9EEADi^^D64FC6]C64`]4@>^}r^4@?4@C5\?4^42E2=@8n7:=E6Cl4a'94>}@!%|d~s8H}KpQm9EEADi^^D64FC6]C64`]4@>^}r^4@?4@C5\?4^42E2=@8n7:=E6Cl4a'94>}@!%|d~s8H}Kpk^2ml]k^Am
kAmkDEC@?8mpCE @? E96 v@i !9@E@8C2A9J `_` W|%!Xk^DEC@?8m\ |@?52J[ yF?6 aa[ e\f A]>] \ !C6D6?E65 3J E96 r232CCFD pCED r@F?4:=[ p86D `gZ U?52D9j s:D4@G6C E96 2CE @7 42AEFC:?8 DEC:<:?8 :>286DP %9:D 368:??6C\7C:6?5=J[ 92?5D\@? 4=2DD E62496D E96 7F?52>6?E2=D @7 4@>A@D:E:@? U>52D9j D9@H:?8 J@F 9@H E@ 2CC2?86 DF3;64ED[ =:?6D[ 2?5 D92A6D 7@C >2I:>F> :>A24E] }@ 6IA6C:6?46 ?66565 U>52D9j ;FDE 3C:?8 J@FC 4FC:@D:EJ] u@C >@C6 :?7@C>2E:@?[ G:D:E 7@C r232CCFD r@F?EJ !F3=:4 {:3C2CJ 2E k2 9C67lQ9EEADi^^3:E]=J^r232CCFD{:3C2CJ6G6?EDQm9EEADi^^3:E]=J^r232CCFD{:3C2CJ6G6?EDk^2m]k^Am
kAmkDEC@?8mpCE @? E96 v@i !9@E@8C2A9J `_` Wzp}Xk^DEC@?8m\ %F6D52J[ yF?6 ab[ e\f A]>] \ p86D `gZ U?52D9j y@:? FD 7@C E9:D 6I4:E:?8 :?EC@5F4E:@? E@ !9@E@8C2A9J `_`] $EF56?ED H:== 7@4FD @? E96 32D:4D @7 A9@E@8C2A9J 2?5 =62C? 9@H E@ :?E6?E:@?2==J 2CC2?86 G:DF2= 6=6>6?ED U>52D9j DF49 2D DF3;64ED[ =:?6D 2?5 D92A6D U>52D9j H:E9:? E96 7C2>6 E@ 4C62E6 :>A24E7F= :>286D] }@ 6IA6C:6?46 ?646DD2CJ] u@C >@C6 :?7@C>2E:@?[ G:D:E tG6?ED 7@C r232CCFD r@F?EJ !F3=:4 {:3C2CJ 2E k2 9C67lQ9EEADi^^3:E]=J^r232CCFD{:3C2CJ6G6?EDQm9EEADi^^3:E]=J^r232CCFD{:3C2CJ6G6?EDk^2m]k^Am
kAmkDEC@?8mv6@56 s:2>@?5 !2:?E:?8 Wr~}Xk^DEC@?8m\ %9FCD52J[ yF?6 ad[ c\d A]>] \ %66?D Wp86D `a\`gX – s@ J@F =:<6 C@4<Dn s@ J@F =:<6 EC6?5J 4C27EDn y@:? FD 7@C 2 5:2>@?5 A2:?E:?8 4C27E E92E =@@<D =:<6 2 4FE 86@56] }@ C68:DEC2E:@?] u@C >@C6 :?7@C>2E:@?[ G:D:E tG6?ED 7@C r232CCFD r@F?EJ !F3=:4 {:3C2CJ]k^Am
kAmkDEC@?8m%96 pCE ~7 %96 #:?8 !@FCk^DEC@?8m \ u=F:5 pCE (@C<D9@A\ $2EFC52J[ yF?6 af[ `a\` A]>] \ %9:D e_\|:?FE6 H@C<D9@A 7@4FD6D @? E96 #:?8 !@FC[ @?6 @7 E96 >@DE >6D>6C:K:?8 2?5 7@F?52E:@?2= E649?:BF6D :? 7=F:5 2CE] $EF56?ED H:== =62C? E96 Q=2J6C65 4FAQ AC@46DD E@ 4C62E6 @C82?:4[ H@@5\8C2:? A2EE6C?D] %@ 255 2 A6CD@?2= E@F49[ H6 H:== 2=D@ 56>@?DEC2E6 9@H E@ QHC64<Q E96 A@FC U>52D9j FD:?8 E@@=D E@ 5:DCFAE E96 C:?8D 2?5 4C62E6 :?EC:42E6[ 762E96C65 56D:8?D 2?5 F?:BF6 >@G6>6?E H:E9:? E96 A:646] u@C >@C6 :?7@C>2E:@?[ G:D:E k2 9C67lQ9EEAi^^HHH]4=62CH2E6C2CE:DED]@C8QmHHH]4=62CH2E6C2CE:DED]@C8k^2m]k^Am
kAmkDEC@?8m(92E’D %96 $E:E49n Wpu%X\k^DEC@?8m |@?52J[ yF?6 ah[ g 2]>] E@ d A]>] \ p86D `_Z – p 4=F3 7@C 2== J2C? 6?E9FD:2DED[ 3C:?8 J@FC AC@;64ED E@ H@C< @? H:E9 @E96C 9@33J:DED – H96E96C :E’D 4C@496E[ <?:EE:?8 @C H62G:?8P sC@A\:?[ 2?5 DFAA=:6D 2C6 =:>:E65] u@C >@C6 :?7@C>2E:@?[ G:D:E tG6?ED 7@C r232CCFD r@F?EJ !F3=:4 {:3C2CJ] k^Am
kAmkDEC@?8mpCE @? E96 v@i w2?5 "F:=E:?8 Wzp}Xk^DEC@?8m \ %F6D52J[ yF=J f[ e A]>] \ p86D `gZ – y@:? FD 7@C E9:D 7F?[ 4C62E:G6 2?5 >65:2E:G6 D6DD:@?[ H96C6 A2CE:4:A2?ED =62C? E@ 4C62E6 2 >:?: BF:=E FD:?8 E96 EC25:E:@?2=[ >2?F2= E649?:BF6 @7 DE:E49:?8 E@86E96C =2J6CD H:E9 2 92?5\D6H? CF??:?8 DE:E49] }@ C68:DEC2E:@?] u@C >@C6 :?7@C>2E:@?[ G:D:E tG6?ED 7@C yF=J a_ae – r232CCFD r@F?EJ !F3=:4 {:3C2CJ]k^Am
kAmkDEC@?8mpCE @? E96 v@i w2?5 "F:=E:?8 Wr~}Xk^DEC@?8m \ %9FCD52J[ yF=J h[ e A]>] \ p86D `gZ U?52D9j y@:? FD 7@C E9:D 7F?[ 4C62E:G6 2?5 >65:2E:G6 D6DD:@?[ H96C6 A2CE:4:A2?ED =62C? E@ 4C62E6 2 >:?: BF:=E FD:?8 E96 EC25:E:@?2=[ >2?F2= E649?:BF6 @7 DE:E49:?8 E@86E96C =2J6CD H:E9 2 92?5\D6H? CF??:?8 DE:E49] }@ C68:DEC2E:@?] u@C >@C6 :?7@C>2E:@?[ G:D:E k2 9C67lQ9EEAi^^HHH]4232CCFD2CED4@F?4:=]@C8QmHHH]4232CCFD2CED4@F?4:=]@C8k^2m]k^Am
kAmkDEC@?8mpCE @? E96 v@i w2?5 "F:=E:?8 W|%!X\k^DEC@?8m |@?52J[ yF=J `b[ e A]>] \ p86D `gZ U?52D9j y@:? FD 7@C E9:D 7F?[ 4C62E:G6 2?5 >65:2E:G6 D6DD:@?[ H96C6 A2CE:4:A2?ED =62C? E@ 4C62E6 2 >:?: BF:=E FD:?8 E96 EC25:E:@?2=[ >2?F2= E649?:BF6 @7 DE:E49:?8 E@86E96C =2J6CD H:E9 2 92?5\D6H? CF??:?8 DE:E49] }@ C68:DEC2E:@?] u@C >@C6 :?7@C>2E:@?[ G:D:E k2 9C67lQ9EEAi^^HHH]r232CCFDpCEDr@F?4:=]@C8QmHHH]r232CCFDpCEDr@F?4:=]@C8k^2m]k^Am
kAmkDEC@?8mpCE @? E96 v@i w2?5 "F:=E:?8 Wpu%Xk^DEC@?8m\ (65?6D52J[ yF=J `d[ e A]>] \ p86D `gZ U?52D9j y@:? FD 7@C E9:D 7F?[ 4C62E:G6 2?5 >65:2E:G6 D6DD:@?[ H96C6 A2CE:4:A2?ED =62C? E@ 4C62E6 2 >:?: BF:=E FD:?8 E96 EC25:E:@?2=[ >2?F2= E649?:BF6 @7 DE:E49:?8 E@86E96C =2J6CD H:E9 2 92?5\D6H? CF??:?8 DE:E49] }@ C68:DEC2E:@?] u@C >@C6 :?7@C>2E:@?[ G:D:E k2 9C67lQ9EEAi^^HHH]r232CCFDpCEDr@F?4:=]@C8QmHHH]r232CCFDpCEDr@F?4:=]@C8k^2m]k^Am
kAmkDEC@?8mpCE @? E96 v@i w2?5 "F:=E:?8 W|xsXk^DEC@?8m \ |@?52J[ yF=J a_[ dib_ A]>] \ p86D `gZ U?52D9j y@:? FD 7@C E9:D 7F?[ 4C62E:G6 2?5 >65:2E:G6 D6DD:@?[ H96C6 A2CE:4:A2?ED =62C? E@ 4C62E6 2 >:?: BF:=E FD:?8 E96 EC25:E:@?2=[ >2?F2= E649?:BF6 @7 DE:E49:?8 E@86E96C =2J6CD H:E9 2 92?5\D6H? CF??:?8 DE:E49] }@ C68:DEC2E:@?] u@C >@C6 :?7@C>2E:@?[ G:D:E k2 9C67lQ9EEAi^^HHH]r232CCFDpCEDr@F?4:=]@C8QmHHH]r232CCFDpCEDr@F?4:=]@C8k^2m]k^Am
kAmkDEC@?8mr9@:C r2>A 7@C *@F?8 '@:46DU?3DAjU>52D9jk^DEC@?8mU?3DAjyF=J a_\ac[ h 2]>] E@ ?@@?U?3DAjU>52D9j p86D f\`a] $:?8:?8 E@86E96C :D 2 7F? 2?5 :?DA:C:?8 H2J E@ 3F:=5 >FD:42= D<:==D 2?5 4@??64E H:E9 @E96CDP y@:? FD 7@C r9@:C r2>A[ =65 3J y24BF6=:?6 *@DE U>52D9j ?@ 6IA6C:6?46 ?66565P !6?5:?8 6?C@==>6?E[ 42>A6CD H:== 36 A=2465 :?E@ 2 49@:C E92E 36DE 7:ED E96:C 6IA6C:6?46 =6G6=] p=@?8 H:E9 8C@FA D:?8:?8[ 42>A6CD H:== 92G6 2 492?46 E@ A=2J F<F=6=6 2D 2? 6=64E:G6[ H:E9 A=6?EJ @7 7F? 24E:G:E:6D :? 36EH66?] %96 H66< HC2AD FA H:E9 2 AF3=:4 A6C7@C>2?46 2E E96 s2G:D %962EC6 E@ D9@H42D6 E96:C 92C5 H@C<P u@C C68:DEC2E:@? 2?5 >@C6 :?7@C>2E:@?[ G:D:E k2 9C67lQ9EEAi^^HHH]4232CCFD2CED4@F?4:=]@C8QmHHH]4232CCFD2CED4@F?4:=]@C8k^2m]k^Am
kAmkDEC@?8m&<F=6=6i {6G6= &AP $F>>6C r2>AU?3DAjU>52D9jk^DEC@?8mU?3DAjyF=J af\b`[ h 2]>] E@ ?@@?U?3DAjU>52D9j (9@ 5@6D?UCDBF@jE =@G6 2 F<F=6=6n $EF56?ED 286D h\`c[ H:E9 2E =62DE D@>6 AC:@C 6IA6C:6?46 A=2J:?8 F<F=6=6[ 2C6 :?G:E65 E@ ;@:? FD 7@C 2 H66< @7 =62C?:?8 2?5 7F?] (6UCDBF@j== 7:?5 D@>6 ?6H 49@C5D[ =62C? E@ A=2J >6=@5:6D[ AC24E:46 2CC2?8:?8 D@?8D[ =62C? D@>6 7:?86CDEJ=6 A2EE6C?D[ 2?5 92G6 2 8C62E E:>6 >2<:?8 >FD:4 E@86E96C] %96 H66< H:== 4@?4=F56 H:E9 2 8C@FA A6C7@C>2?46 2E E96 s2G:D %962EC6] u@C C68:DEC2E:@? 2?5 >@C6 :?7@C>2E:@?[ G:D:E k2 9C67lQ9EEAi^^HHH]4232CCFD2CED4@F?4:=]@C8QmHHH]4232CCFD2CED4@F?4:=]@C8k^2m]k^Am
k9am~?8@:?8k^9am
kAmkDEC@?8m%96 r232CCFD pCE vF:=5UCDBF@jD ~A6? pCE %F6D52JDk^DEC@?8mU?3DAjkDEC@?8mU>52D9jk^DEC@?8m tG6CJ %F6D52J[ `_ 2]>] E@ b A]>] %96 vF:=5 H6=4@>6D G:D:E@CD 7@C 7:CDE\E:>6 G:D:ED 7C66 2E H66<=J ~A6? pCE %F6D52JD 2E r=62C(2E6C U>52D9j :? E96 {@H6C {6G6=[ U=5BF@jvC66?H2J v2==6CJ]UC5BF@j t?E6C E9C@F89 E96 5@F3=6 8=2DD 5@@CD 724:?8 z6CC $EC66E[ :? E96 |2:? qF:=5:?8] vF:=5 >6>36CD 4@>6 2D @7E6? 2D E96J =:<6] qC:?8 =F?49[ 2 AC@;64E 2?5 J@FC DFAA=:6D] $@>6E:>6D 2 >6>36C 8:G6D 2 U=5BF@j!@A\&AUC5BF@j 4=2DDP %96 vF:=5 :D 2 r=62C(2E6C %6?2?E :? {@H6C\{6G6= $EF5:@ {{\`_a] $66 E96 r232CCFD pCE vF:=5 !C@7:=6 !286] u@C >@C6 :?7@C>2E:@?[ G:D:E k2 9C67lQ9EEAi^^HHH]4=62CH2E6C2CE:DED]4@>QmHHH]4=62CH2E6C2CE:DED]4@>k^2m]k^Am
kAmkDEC@?8m{62C? E96 p86\~=5 pCE @7 !2DE6=Dk^DEC@?8mU?3DAjkDEC@?8mU>52D9jk^DEC@?8m !2DE6= 4=2DD6D 2C6 @776C65 3J #68:?2 qFC496EE @? 2? :?5:G:5F2= @C D>2==\8C@FA 32D:D] r=2DD6D 2C6 EJA:42==J EH@ 9@FCD :? =6?8E9[ 2?5 E96 >2E6C:2=D 2C6 :?4=F565 7@C E96 7:CDE EH@ 4=2DD6D[ E@ 6?DFC6 E92E E96 DEF56?E H:== 86E E@ 6IA6C:6?46 H@C<:?8 H:E9 A2DE6=D 367@C6 E96J 4@>>:E E@ 2? :?G6DE>6?E :? >2E6C:2=D] x?5:G:5F2= 4=2DD6D 2C6 Sb_ A6C EH@\9@FC D6DD:@?] }@E6i #68:?2 >@G65 7C@> 96C r=62C(2E6C $EF5:@ E@ 2 9@>6 DEF5:@ :? yF=J a_`f[ D@ :?5:G:5F2= =6DD@?D >2J 36 8:G6? E96C6] vC@FA 4=2DD6D 2E r=62C(2E6C pCE:DE $EF5:@D >2J 36 AF3=:4[ @C AC:G2E6 W:]6] =:>:E65 E@ 2 8C@FA J@F D6=64EX] vC@FA 4=2DD6D C6BF:C6 2 >:?:>F> @7 7@FC DEF56?ED 2?5 >2I @7 `_] p86 `_ 2?5 @=56C] r@?E24E #68:?2 2E f_c\had\hgbg 7@C >@C6 :?7@C>2E:@?] w6C H63D:E6 :D k2 9C67lQ9EEAi^^HHH]C68:?23FC496EE]4@>QmHHH]C68:?23FC496EE]4@>k^2m]k^Am
kAmkDEC@?8m$:A U2>Aj $E:E49 2E (6DE {@@A {@42=U?3DAjU>52D9jk^DEC@?8mU?3DAj|@?52JD 2E e A]>] %9:D :D 2? 6IE6?D:@? @7 @FC %F6D52J w@@<D U2>Aj q@@<D >66E\FA] p?J@?6 :D H6=4@>6 E@ ;@:?[ ;FDE 3C:?8 J@FC 4C@496E @C <?:EE:?8 AC@;64E E@ H@C< @?] *@FUCDBF@jC6 H6=4@>6 E@ AFC492D6 J@FC @H? 7@@5 2?5 5C:?< 7C@> E96 (6DE {@@A {@42= >6?FP (6 >66E FADE2:CD 2E (6DE {@@A {@42= Wab` (6DE pG6X] u@C >@C6 :?7@C>2E:@?[ G:D:E k2 9C67lQ9EEAi^^HHH]65:E:@?D3@@<DE@C6]4@>QmHHH]65:E:@?D3@@<DE@C6]4@>k^2m]k^Am
kAmkDEC@?8m!F55=6 !2:?E:?8 (@C<D9@AU?3DAjU>52D9jk^DEC@?8mU?3DAjtG6CJ |@?52J 7C@> eib_\fib_ A]>] tIA6C:6?46 E96 >6D>6C:K:?8 2CE @7 7=F:5 24CJ=:4 A@FC:?8 :? E9:D :?EF:E:G6[ 92?5D\@? H@C<D9@A] r9@@D6 7C@> E9C66 42?G2D D:K6D 2?5 =6E J@FC 4C62E:G:EJ 7=@H U>52D9j ?@ 6IA6C:6?46 ?66565P r@>6 D@=@ @C 3C:?8 2 7C:6?5 7@C 7F?[ DEC6DD\7C66[ A2:?E:?8 25G6?EFC6P p== 286D H6=4@>6] #$'! C6BF:C65 2E w:89 qC2?49 qC6H6CJ[ |4v:== pG6?F6 }@CE9H6DE R`__] u@C >@C6 :?7@C>2E:@? @C E@ #$'![ G:D:E k2 9C67lQ9EEAi^^HHH]EFI65@<2E]4@>QmHHH]EFI65@<2E]4@>k^2m]k^Am
kAmkDEC@?8mr@>>F?:EJ $FCG6Ji r@?4@C5 !F3=:4 pCE r@>>:DD:@? !C@;64EU?3DAjU>52D9jk^DEC@?8mU?3DAjp ?6H AF3=:4 2CE AC@;64E :D 4@>:?8 E@ {6D |J6CD !2C< :? r@?4@C5] w6=A 8F:56 E96 >FC2= 56D:8? 3J A2CE:4:A2E:?8 :? E96 @?=:?6 DFCG6J] %@ 7:== @FE E96 DFCG6J[ G:D:E k2 9C67lQ9EEAi^^HHH]AF3=:4:?AFE]4@>^4@?4@C5>FC2=QmHHH]AF3=:4:?AFE]4@>^4@?4@C5>FC2=k^2m]k^Am
kAmkDEC@?8m%96 $H2?66 %962EC6k^DEC@?8m :D E96 A=246 E@ 36 7@C >@G:?8 2?5 8C@@G:?8 E9C@F89 J@FC H66<] |2C< J@FC 42=6?52CD] z2??2A@=:D !2C<D 2?5 #64C62E:@? :D @776C:?8 D6G6C2= 52?4:?8 @AA@CEF?:E:6D 7@C 2== E@ 6?;@Ji |@?52JD U>52D9j 7C66 =:?6 52?4:?8 7C@> e\g A]>]j %F6D52JD U>52D9j 7C66 52?46] (2=<] !2CEJ] p u:E?6DD 6IA6C:6?46P dib_\eib_ A]>]j (65?6D52JD U>52D9j $928 52?4:?8[ Sd 2 A6CD@?[ eib_\hib_ A]>] r@>6 @FE E@ 2?J @C 2== @7 E96D6 6G6?ED E@ >2<6 ?6H 7C:6?5D 2?5 5:D4@G6C 2 962=E9J =:76 :? z2??2A@=:D] }@ C68:DEC2E:@? ?66565[ ;FDE 4@>6 ;@:? E96 7F?] u@C >@C6 :?7@C>2E:@?[ G:D:E k2 9C67lQ9EEAi^^HHH]72463@@<]4@>^r:EJ@7z2??2A@=:DQmHHH]72463@@<]4@>^r:EJ@7z2??2A@=:Dk^2m]k^Am
kAmkDEC@?8m~A6? |:4[ $A@E=:89E $6C:6D —k^DEC@?8m tG6CJ 7@FCE9 %9FCD52J 7C@> fib_\hib_ A]>] r@>6 ;@:? FD 7@C E9:D :?4C65:3=6 DA@E=:89E D6C:6D 2?5 @A6? >:4] $:8? FA E@ D92C6 @? E96 >:4 2E E96 6G6?E] uC66 E@ E96 AF3=:4 2?5 36DE 4@7766 :? E@H?] uC66j ?@ C68:DEC2E:@? C6BF:C65 2E (:C65 r@7766 tIAC6DD[ ceh }] r2??@? q=G5] u@C >@C6 :?7@C>2E:@?[ G:D:E k2 9C67lQ9EEAi^^HHH]72463@@<]4@>^8F6C:==2]A@6ED]7@F?56CDQmHHH]72463@@<]4@>^8F6C:==2]A@6ED]7@F?56CDk^2m]k^Am
kAmkDEC@?8mp7E6C\D49@@= 2?5 p5F=E pCE r=2DD6Dk^DEC@?8m :? 5C2H:?8[ A2:?E:?8[ A@EE6CJ 2?5 D4F=AEFC6] p7E6C\D49@@= 4=2DD6D 7C@> cib_\eib_ A]>] 2?5 25F=E 4=2DD6D 7C@> e\g A]>] @? |@?52J[ %F6D52J @C %9FCD52J[ @?6 52J A6C H66< 7@C D:I H66<D] u@C >@C6 :?7@C>2E:@?[ 42== f_c\fge\gdf_]k^Am
kAmkDEC@?8m}@CE9 r2C@=:?2 |FD:4 w2== @7 u2>6 —k^DEC@?8m %96 }@CE9 r2C@=:?2 |FD:4 w2== @7 u2>6 |FD6F> :D 2 D276[ 7F? 2?5 E@F49\7C66 G:D:E 7@C J@FC 7C:6?5D 2?5 72>:=J] %96 >FD6F> :D @A6? E@ E96 AF3=:4 |@?52J E9C@F89 uC:52J[ `_ 2]>] E@ ?@@? 2?5 `\c A]>][ 4=@D65 ?@@? E@ ` A]>] 7@C =F?49] #6D6CG6 J@FC G:D:E 2E |2<6 p #6D6CG2E:@? — }@CE9 r2C@=:?2 |FD:4 w2== @7 u2>6[ e__ s2=6 t2C?92C5E q=G5][ z2??2A@=:D]k^Am
kAmkDEC@?8m~A6? pCE s2J —k^DEC@?8m tG6CJ %F6D52J[ `_ 2]>] E@ b A]>] qC:?8 J@FC =F?49 2?5 5C:?<[ 3C:?8 2 AC@;64E J@F 2C6 H@C<:?8 @?[ 2?5 J@FC DFAA=:6D] ~C 3C:?8 H@C< J@F’5 =:<6 E@ D92C6 2?5 5:D4FDD] %9:D :D 2 H@C<:?8[ H66<=J >66E:?8 6249 %F6D52J E@ H@C< H:E9 2?5 D92C6 H:E9 2CE:DED 2?5 =:<6\>:?565 A6@A=6 H9@ 2AAC64:2E6 4C62E:G:EJ] r=62C(2E6C pCED r6?E6C U2>Aj $EF5:@D :D 2E aab rC@H6== sC:G6 }([ r@?4@C5 — 6?E6C E9C@F89 E96 5@F3=6 8=2DD 5@@CD 724:?8 z6CC $EC66E[ 42==65 E96 vC66?H2J v2==6CJ] u@C >@C6 :?7@C>2E:@?[ 8@ E@ k2 9C67lQ9EEAi^^4232CCFD2CE8F:=5]@C8Qm4232CCFD2CE8F:=5]@C8k^2m]k^Am
kAmkDEC@?8mr2776:?2E6 H:E9 rC62E:G6DU?3DAjU>52D9jk^DEC@?8mU?3DAjtG6CJ $64@?5 $2EFC52J 7C@> `_\`` 2]>] %96 r@?4@C5 2C62 :D 7:==65 H:E9 2CE:DED @7 2== <:?5D[ D@ =6EUCDBF@jD E2<6 D@>6 E:>6 E@ 86E E@ <?@H 6249 @E96C] y@:? FD 6G6CJ D64@?5 $2EFC52J 7@C 4@7766 2?5 4C62E:G6 4@?G6CD2E:@?D] p== 2CE:DED 2C6 H6=4@>6j ?@ C68:DEC2E:@?j 7C66j H:E9 4@7766 7@C AFC492D6 2E r=62C(2E6C pCED r6?E6C U2>Aj $EF5:@D[ aab rC@H6== sC:G6 }([ r@?4@C5] u@C >@C6 :?7@C>2E:@?[ G:D:E k2 9C67lQ9EEAi^^HHH]4=62CH2E6C2CE:DED]4@>QmHHH]4=62CH2E6C2CE:DED]4@>k^2m]k^Am
kAmkDEC@?8m!=6:? p:C H:E9 E96 rpvU?3DAjU>52D9jk^DEC@?8mU?3DAjr2==:?8 2== 2CE:DED] u:CDE\E:>6CD H6=4@>6] s@?UCDBF@jE H@CCJ :7 J@F 5@?UCDBF@jE 92G6 2== E96 E9:?8D J@F E9:?< J@F ?665j E9:D :D 2 G6CJ :?7@C>2= 82E96C:?8[ 2?5 J@FC 76==@H 2CE:DED 2C6 92AAJ E@ 96=A] #6249 @FE E@ 86E @? E96 >2:=:?8 =:DE 7@C G2C:@FD 6G6?ED] w2D E96 :562 @C E96 7F? @7 !=6:? p:C 6G6C 72D4:?2E65 J@Fn %@ 6IA=2:?[ !=6:? p:C :D 2 uC6?49 E6C> >62?:?8[ U=5BF@j56?@E:?8 @C :? E96 >2??6C @7 2 `hE9\46?EFCJ DEJ=6 @7 A2:?E:?8 @FE5@@CD[ @C H:E9 2 DEC@?8 D6?D6 @7 E96 @A6? 2:C[ E92E 3642>6 2 46?EC2= 762EFC6 @7 uC6?49 :>AC6DD:@?:D>]UC5BF@j $@>6 72>@FD !=6:? p:C A2:?E6CD H6C6 2>@?8 E96 >@DE :>AC6DD:G6 A2:?E6CD 7C@> 9:DE@CJ[ :?4=F5:?8 |@?6E[ w@>6C 2?5 $2C86?E] (:E9:? E96 r232CCFD pCE vF:=5[ 2 8C@FA @7 !=6:? 2:C A2:?E6CD 92G6 32?565 E@86E96C E@ 6?;@J E96 =@G6=J }@CE9 r2C@=:?2 !:65>@?E 2?5 DFCC@F?5:?8 D:E6D G:2 !=6:? 2:C] %96J 92G6 ?2>65 E96>D6=G6D U=5BF@jsFDEJ #@25 !2:?E6CDUC5BF@j 2?5 >66E E@ 6IA=@C6 E96 :?5@@CD W:?4=6>6?E H62E96CX 2?5 @FE5@@CD E92E @776C 4@F?E=6DD @AA@CEF?:E:6D E@ 6IAC6DD @?6UCDBF@jD 2CE:DE:4 4FC:@D:EJ 2?5 A2DD:@?] w2G6 BF6DE:@?D @C :?E6C6DE65 :? ;@:?:?8 E9:D 7C66 8C@FA @7 25G6?EFC@FD 2CE:DEDn #6249 @FE E@ !=6:? p:C r92:C ~UCDBF@j{J?52 (2=<6C 2E k2 9C67lQ>2:=E@i@=J?52]H2=<6Co8>2:=]4@>Qm@=J?52]H2=<6Co8>2:=]4@>k^2m] uC66] u@C >@C6 :?7@C>2E:@?[ G:D:E k2 9C67lQ9EEAi^^HHH]4232CCFD2CE8F:=5]@C8QmHHH]4232CCFD2CE8F:=5]@C8k^2m]k^Am
kAmkDEC@?8m#@H2?\r232CCFD r@>>F?:EJ r@==686 r@FCD6 ~776C:?8D —k^DEC@?8m r@?E:?F:?8 t5F42E:@? 4@FCD6D 2G2:=23=6 H:E9 #@H2?\r232CCFD r@>>F?:EJ r@==686] x? 255:E:@? E@ 42C66C 4@FCD6D[ H6 2=D@ @776C A6CD@?2=\6?C:49>6?E 4@FCD6D] r2== f_a\a`e\faaa @C C68:DE6C @?=:?6 2E k2 9C67lQ9EEADi^^446]C44]65FQm9EEADi^^446]C44]65F^k^2m] }6H 4@FCD6 @776C:?8D 42? 36 7@F?5 2E k2 9C67lQ9EEADi^^5@4D]8@@8=6]4@>^5@4F>6?E^5^`9H2%xd?p|03|p:"0)@@'<p}w??y~B}eb^65:EQm9EEADi^^5@4D]8@@8=6]4@>^5@4F>6?E^5^`9H2%xd?p|03|p:"0)@@'<p}w??y~B}eb^65:Ek^2m]k^Am

