Manual Motorola D1011 (page 4 of 30) (French)

458235

Zoom out

Zoom in

1/30

0RWRURODVpULH'

0RGqOHV'''HW'

7pOpSKRQHQXPpULTXH

VDQVILODYHFUpSRQGHXU

$YHUWLVVHPHQW

8WLOLVH]XQLTXHPHQWGHVSLOHVUHFKDUJHDEOHV

 7RXVOHVFRPELQpVVRQWVDQVILOFHTXLYRXVSHUPHWGHOHV

SODFHUQ¶LPSRUWHRGDQVOHVOLPLWHVGHSRUWpH

 5pSHUWRLUHSRXUQRPVHWQXPpURVGHWpOpSKRQH

 &RSLHGHVILFKHVGXUpSHUWRLUHHQWUHFRPELQpV

 5pSRQGHXURIIUDQWPLQXWHVG¶HQUHJLVWUHPHQWQXPpULTXH

 /¶DIILFKDJHGXFRUUHVSRQGDQWYRXVSHUPHWGHYRLUTXLYRXV

DSSHOOHDLQVLTXHOHVGpWDLOVGHVGHUQLHUVDSSHOVGDQVXQ

MRXUQDOGHVDSSHOV



 6RXVFULYH]MXVTX¶jFRPELQpVjXQHPrPHEDVHHWFKDTXH

FRPELQpjEDVHVGLIIpUHQWHV

 (IIHFWXH]GHVDSSHOVLQWHUQHVWUDQVIpUH]GHVDSSHOV

H[WHUQHVWHQH]GHVFRQIpUHQFHVjHQWUHGHX[

FRUUHVSRQGDQWVLQWHUQHVHWXQFRUUHVSRQGDQWH[WHUQH



3RXUEpQpILFLHUGHFHVIRQFWLRQVYRXVGHYH]YRXVDERQQHUDXVHUYLFH

GHSUpVHQWDWLRQGXQXPpURRXDXVHUYLFHGHPLVHHQDWWHQWHG¶DSSHO

DXSUqVGHYRWUHRSpUDWHXUGHUpVHDX9RXVGHYUH]SHXWrWUHSD\HUFHW

DERQQHPHQW

9HXLOOH]QRWHUTXHFHWDSSDUHLOQ¶HVWSDVFRQoXSRXUHIIHFWXHUGHVDSSHOV

G¶XUJHQFHHQFDVGHFRXSXUHGHFRXUDQW9RXVGHYH]GRQFSUpYRLUXQH

DOWHUQDWLYHSRXUDSSHOHUOHVVHUYLFHVG¶XUJHQFH

%LHQYHQXH

GDQVOHPRQGHGHYRWUHQRXYHDXWpOpSKRQHQXPpULTXHVDQVILO0RWRUROD'

&H0DQXHOG¶8WLOLVDWLRQYRXVIRXUQLWWRXWHVOHVLQIRUPDWLRQVQpFHVVDLUHV

SRXUSURILWHUDXPD[LPXPGHYRWUHWpOpSKRQH

9RXVGHYH]LQVWDOOHUYRWUHWpOpSKRQHDYDQWG¶HIIHFWXHUYRWUHSUHPLHUDSSHO

,OYRXVVXIILWSRXUFHODGHVXLYUHOHVVLPSOHVLQVWUXFWLRQVGHODVHFWLRQ3RXU

FRPPHQFHUGDQVOHVSDJHVTXLVXLYHQW

,03257$17

8WLOLVH]XQLTXHPHQWOHFRUGRQWpOpSKRQLTXHIRXUQL

&HWDSSDUHLOQ¶HVWSDVFRQoXSRXUHIIHFWXHUGHVDSSHOV

G¶XUJHQFHHQFDVGHFRXSXUHGHFRXUDQW9RXVGHYH]

GRQFSUpYRLUXQHDOWHUQDWLYHSRXUDSSHOHUOHVVHUYLFHV

G¶XUJHQFH

$YH]YRXVWRXWFHTX¶LOYRXVIDXW"

 &RPELQp'

 %DVH'

 *XLGHGHGpPDUUDJHUDSLGH

 SLOHV$$$1L0+UHFKDUJHDEOHV

 $GDSWDWHXUVHFWHXUSRXUODEDVH

 &RUGRQWpOpSKRQLTXH

6LYRXVDYH]DFKHWpXQSDFNPXOWLSOH'YRXV

WURXYHUH]DXVVLOHVDFFHVVRLUHVVXLYDQWV

 &RPELQpFKDUJHXU'

 SLOHV$$$1L0+UHFKDUJHDEOHV

 $GDSWDWHXUVHFWHXUSRXUOHFKDUJHXU



 3RXUFRPPHQFHU 

(PSODFHPHQW 

,QVWDOODWLRQ

%UDQFKHPHQWGHODEDVH  

%UDQFKHPHQWGXFRPELQpHWGXFKDUJHXU

8QLTXHPHQWSRXUOHVSDFNVPXOWLSOHV  

&RQILJXUDWLRQGHYRWUH'  

eFUDQGHELHQYHQXH  

5pJODJHPDQXHOGHODGDWHHWGHOKHXUH 

 3RXUPLHX[FRQQDvWUHYRWUHWpOpSKRQH

9XHG¶HQVHPEOHGHYRWUHFRPELQp 

eFUDQGXFRPELQp  

9XHG¶HQVHPEOHGHODEDVH 

1DYLJDWLRQGDQVOHVPHQXV  

 8WLOLVDWLRQGXWpOpSKRQH  

$SSHOV 

$SSHOHU

3UpQXPpURWDWLRQ

7RXFKHVGHQXPpURWDWLRQUDSLGHj 

$SSHOHUGHSXLVOHUpSHUWRLUH  

$SSHOHUGHSXLVODOLVWHGHVDSSHOV

'pFURFKHU

5pJODJHGXYROXPH  

6LOHQFLHX[

5DFFURFKHU 

$OOXPHUpWHLQGUHOHFRPELQp 

,QWHUSKRQH 

$SSHOHUXQDXWUHFRPELQp  

7UDQVIpUHUXQDSSHOH[WHUQHVXUXQDXWUHFRPELQp  

&RQIpUHQFHjWURLV 

0HVVDJHULHYRFDOH 

 5pSHUWRLUH 

9RLUHWDSSHOHUOHVFRQWDFWVGXUpSHUWRLUH  

6WRFNHUXQQXPpUR

(QWUHUGHVQRPV 

7DEOHGHVFDUDFWqUHV

,QVpUHUXQHSDXVH 

9RLUXQHILFKH 

0RGLILHUXQHILFKH

6XSSULPHUXQHILFKH 

6XSSULPHUWRXWHVOHVILFKHV 

&RSLHUOHUpSHUWRLUHGDQVXQDXWUHFRPELQp 

7RXFKHVGHQXPpURWDWLRQUDSLGH  

&RPSRVHUXQQXPpURUDSLGH 

$VVRFLHUXQQXPpURGXUpSHUWRLUHjXQHWRXFKHGHQXPpURWDWLRQUDSLGH 

6XSSULPHUXQQXPpURUDSLGH 

 $IILFKDJHGXFRUUHVSRQGDQWHWOLVWHGHVDSSHOV  

/LVWHGHVDSSHOV 

9RLUODOLVWHGHVDSSHOV  

$SSHOHUGHSXLVODOLVWHGHVDSSHOV

6DXYHJDUGHUXQQXPpURGHODOLVWHGHVDSSHOVGDQVOHUpSHUWRLUH 

6XSSULPHUXQHHQWUpHGHODOLVWHGHVDSSHOV 

6XSSULPHUWRXWHODOLVWHGHVDSSHOV

5HFRPSRVLWLRQ

5HFRPSRVHUOHGHUQLHUQXPpUR 

9RLUHWFRPSRVHUXQQXPpURGHODOLVWHGHVDSSHOVpPLV 

&RSLHUXQQXPpURGHODOLVWHGHVDSSHOVpPLVGDQVOHUpSHUWRLUH

6XSSULPHUXQQXPpURGHODOLVWHGHVDSSHOVpPLV

(IIDFHUWRXWHODOLVWHGHVDSSHOVpPLV 

 +RUORJHUpYHLO

5pJOHUODGDWHHWO¶KHXUH 

5pJOHUOHUpYHLO

&KRLVLUODPpORGLHGXUpYHLO 

 5pJODJHVSHUVRQQDOLVpV 

6RQQHULHVGXFRPELQp

9ROXPHGHODVRQQHULH 

0pORGLHGHODVRQQHULH

0pORGLHGHJURXSH 

$FWLYHUGpVDFWLYHUOHELSGHVWRXFKHV 

3UHPLqUHVRQQHULH 

1RPGXFRPELQp 

'pFURFKDJHDXWRPDWLTXH 

5DFFURFKDJHDXWRPDWLTXH

/DQJXHG¶DIILFKDJH 

$FWLYHUGpVDFWLYHUODVXUYHLOODQFHGHFKDPEUH 

6XUYHLOODQFHGHFKDPEUHIRQFWLRQQHPHQW 

$FWLYHUGpVDFWLYHUO¶pFODLUDJH

9HUURXLOODJHFODYLHU

 5pJODJHVDYDQFpV 

'pODLGHUDSSHO 



0RGHGHQXPpURWDWLRQ

&KDQJHUWHPSRUDLUHPHQWGHODQXPpURWDWLRQGpFLPDOHjODQXPpURWDWLRQ

jIUpTXHQFHVYRFDOHV

%ORFDJHG¶DSSHO 

$FWLYHUGpVDFWLYHUOHEORFDJHG¶DSSHO 

(QWUHUXQQXPpURjEORTXHU

$SSHOIDFLOH

$FWLYHUGpVDFWLYHUO¶DSSHOIDFLOH

(QWUHUOHQXPpURG¶DSSHOIDFLOH 

)RQFWLRQQHPHQW

6RXVFULSWLRQ

6RXVFULUHXQFRPELQp

6pOHFWLRQQHUXQHEDVH

'pVRXVFULUHXQFRPELQp

3,1

5pLQLWLDOLVHU 

5pJODJHVSDUGpIDXW 

3UpIL[HDXWR 

3D\V

,QWUXVLRQ

0RGHe&2



 8WLOLVDWLRQGHYRWUHUpSRQGHXU

7RXFKHVGHFRPPDQGHGXUpSRQGHXUGHODEDVH'

$FWLYHUGpVDFWLYHUOHUpSRQGHXU 

eFRXWHUOHVPHVVDJHV 

6XSSULPHUWRXVOHVPHVVDJHV 

(QUHJLVWUHUXQPpPR 

0HVVDJHG¶DFFXHLO

5pSRQGUHHQUHJLVWUHU

5pSRQVHVHXOH

5pJOHUOHPRGHGHUpSRQVH

(QUHJLVWUHUpFRXWHURXVXSSULPHUYRWUHPHVVDJHG¶DFFXHLO

5pJODJHVGXUpSRQGHXU 

1RPEUHGHVRQQHULHV

$FFqVjGLVWDQFH

$FWLYHUGpVDFWLYHUO¶DFFqVjGLVWDQFH 

)LOWUDJHG¶DSSHO

$FWLYHUGpVDFWLYHUOHILOWUDJHGXFRPELQp 

$FWLYHUGpVDFWLYHUOHILOWUDJHGHODEDVH 

/DQJXHGXUpSRQGHXU 

$FFpGHUDXPHQXGXUpSRQGHXUGHSXLVODOLVWHGHVDSSHOV

0pPRLUHSOHLQH 

 $LGH

 ,QIRUPDWLRQJpQpUDOHV 

,PSRUWDQWHVLQVWUXFWLRQVGHVpFXULWp

,QVWUXFWLRQVG¶LQVWDOODWLRQ

,QVWUXFWLRQVGHVpFXULWpSRXUOHVSLOHV

1HWWR\DJH 

(QYLURQQHPHQW

,QVWUXFWLRQVUHODWLYHVjO¶pOLPLQDWLRQGHVSURGXLWVXVDJpV

*DUDQWLHSRXUOHVSURGXLWVJUDQGSXEOLFHWOHVDFFHVVRLUHV 

,QIRUPDWLRQVWHFKQLTXHV

577(

&RQQH[LRQjXQVWDQGDUG

,QVpUHUXQHSDXVH

5DSSHO 

 )L[DWLRQPXUDOH 

3RXUFRPPHQFHU 

3RXUFRPPHQFHU

$77(17,21

1HSODFH]SDVYRWUH'GDQVODVDOOHGHEDLQVRXDXWUHVOLHX[KXPLGHV

(PSODFHPHQW

9RXVGHYH]SODFHUYRWUHEDVH'jPqWUHVDXPD[LPXPGXQHSULVHGHFRXUDQWHWGXQH

SULVHWpOpSKRQLTXHDILQGHSRXYRLUEUDQFKHUOHVFkEOHV

3ODFH]ODEDVHjDXPRLQVPqWUHGHGLVWDQFHGHWRXWDXWUHDSSDUHLOpOHFWULTXHSRXUpYLWHUOHV

LQWHUIpUHQFHV9RWUH'IRQFWLRQQHSDUpFKDQJHGHVLJQDX[UDGLRHQWUHOHFRPELQpHWODEDVH

/DTXDOLWpGXVLJQDOGpSHQGGHOHQGURLWRVHWURXYHYRWUHEDVH(QODSODoDQWOHSOXVKDXW

SRVVLEOHYRXVREWLHQGUH]XQPHLOOHXUVLJQDO

3257e('8&20%,1e

/DSRUWpHGX'HVWGHPqWUHVjO¶H[WpULHXUHWVDQVREVWDFOHHQWUHOHFRPELQpHWODEDVH

7RXWREVWDFOHHQWUHOHFRPELQpHWODEDVHSHXWFRQVLGpUDEOHPHQWUpGXLUHODSRUWpH6LODEDVHHVW

jO¶LQWpULHXUHWOHFRPELQpVRLWjO¶LQWpULHXUVRLWjO¶H[WpULHXUODSRUWpHQRUPDOHHVWGHPqWUHV

/HVPXUVpSDLVSHXYHQWFRQVLGpUDEOHPHQWDIIHFWHUODSRUWpH

38,66$1&('86,*1$/

/HV\PEROH LQGLTXHTXHYRWUHFRPELQpHVWjODERQQHSRUWpH4XDQGYRXVrWHVKRUVGHSRUWpH

GHODEDVH

&+(5&+(

V¶DIILFKHjO¶pFUDQHWO¶LF{QH FOLJQRWH

6LYRXVrWHVHQOLJQHODFRPPXQLFDWLRQVHUDFRXSpHVLOHFRPELQpQHVWSOXVjSRUWpHGHODEDVH

'pSODFH]YRXVSRXUUHYHQLUjODERQQHSRUWpH/HFRPELQpVHUHFRQQHFWHUDDXWRPDWLTXHPHQWj

ODEDVH

,QVWDOODWLRQ

,03257$17

/DEDVHGRLWrWUHEUDQFKpHHQSHUPDQHQFHDXVHFWHXU1HFRQQHFWH]SDVOHFRUGRQWpOpSKRQLTXH

jODSULVHPXUDOHDYDQWODFKDUJHFRPSOqWHGXFRPELQp8WLOLVH]XQLTXHPHQWOHFRUGRQ

G¶DOLPHQWDWLRQHWOHFRUGRQWpOpSKRQLTXHIRXUQLVDYHFO¶DSSDUHLO

48(/$'$37$7(856(&7(85"

/¶DGDSWDWHXUVHFWHXUpTXLSpG¶XQFRQQHFWHXUWUDQVSDUHQWHVWFHOXLGHODEDVHFHOXLTXLHVWpTXLSp

G¶XQFRQQHFWHXUURXJHHVWGHVWLQpDXFKDUJHXU

%UDQFKHPHQWGHODEDVH

%UDQFKH]OHFRQQHFWHXUWUDQVSDUHQWjODSULVHPDUTXpH VRXVODEDVHHWODGDSWDWHXUjXQH

SULVHGHFRXUDQWSXLVPHWWH]VRXVWHQVLRQ

%UDQFKHPHQWGXFRPELQpHWGXFKDUJHXU

8QLTXHPHQWSRXUOHVSDFNVPXOWLSOHV

6LYRXVDYH]DFKHWpXQSDFNPXOWLSOHYRXVGHYUH]HIIHFWXHUFHWWHRSpUDWLRQSRXUWRXVOHV

FRPELQpVHWFKDUJHXUV



%UDQFKH]OHFkEOHG¶DOLPHQWDWLRQDYHFOHFRQQHFWHXUURXJHjODSULVHPDUTXpH VRXVOH

FKDUJHXU



,QVpUH]OHVSLOHV$$$1L0+UHFKDUJHDEOHVIRXUQLHVGDQVOHFRPELQpSXLVIDLWHVJOLVVHUOH

FRXYHUFOHGXFRPSDUWLPHQWGHVSLOHVHQSODFH

 3RXUFRPPHQFHU



3RVH]OHFRPELQpVXUOHFKDUJHXUHWODLVVH]FKDUJH]SHQGDQWDXPRLQVKHXUHV4XDQGOH

FRPELQpHVWFRPSOqWHPHQWFKDUJpOHV\PEROH V¶DIILFKH



4XDQGOHFRPELQpHVWFRPSOqWHPHQWFKDUJpDSUqVKHXUHVGHFKDUJHEUDQFKH]OHFRUGRQ

WpOpSKRQLTXHGHODEDVHjODSULVHWpOpSKRQLTXHPXUDOH

$77(17,21 

8WLOLVH]XQLTXHPHQWGHVSLOHVUHFKDUJHDEOHV6LYRXVXWLOLVH]GHVSLOHVMHWDEOHVOHPHVVDJH

$/(57(

%$77

VDIILFKHHWODFKDUJHHVWLQWHUURPSXH9HXLOOH]UHPSODFHUOHVSLOHVSDUGHVSLOHV

UHFKDUJHDEOHV

$/(57('(3,/()$,%/(

6LOHV\PEROH FOLJQRWHYRXVGHYH]UHFKDUJHUOHFRPELQpDYDQWGHSRXYRLUO¶XWLOLVHU

3HQGDQWODFKDUJHOHV\PEROH GpILOHVXUO¶pFUDQ

3(5)250$1&('(63,/(6

'DQVGHVFRQGLWLRQVLGpDOHVGHVSLOHVFRPSOqWHPHQWFKDUJpHVGHYUDLHQWIRXUQLUHQYLURQ

KHXUHVGHWHPSVGHSDUROHRXKHXUHVHQYHLOOHDSUqVXQHVLPSOHFKDUJH

9HXLOOH]QRWHUTXHGHVSLOHVQHXYHVQ¶DWWHLJQHQWSDVOHXUSOHLQHFDSDFLWpDYDQWG¶DYRLUpWpXWLOLVpHV

QRUPDOHPHQWSHQGDQWSOXVLHXUVMRXUV

/DFDSDFLWpGHFKDUJHGHVSLOHVGLPLQXHDYHFOHWHPSVFHTXLUpGXLWOHWHPSVGHSDUROHRXGH

YHLOOHGXFRPELQp(OOHVGHYURQWpYHQWXHOOHPHQWrWUHUHPSODFpHV

$SUqVODSUHPLqUHFKDUJHGHYRWUHFRPELQpOHVFKDUJHVVXLYDQWHVSUHQQHQWHQYLURQjKHXUHV

SDUMRXU/HVSLOHVHWOHFRPELQpSHXYHQWFKDXIIHUSHQGDQWODFKDUJHFHFLHVWQRUPDO

&RQILJXUDWLRQGHYRWUH'

eFUDQGHELHQYHQXH



%,(19(18(

V¶DIILFKHHWGpILOHHQGLIIpUHQWHVODQJXHV$SSX\H]VXUP/HQRPGXSD\V

V¶DIILFKH



)DLWHVGpILOHUDYHFXRXG



MXVTX¶jYRWUHSD\VHWDSSX\H]VXUP

&21),50(5"

V¶DIILFKH



$SSX\H]VXU

SRXUFRQILUPHU

/HFRPELQpHWODEDVHVHURQWDORUVFRUUHFWHPHQWFRQILJXUpV/¶pFUDQGHYHLOOHV¶DIILFKHHW

YRWUHWpOpSKRQHHVWDORUVSUrWjO¶HPSORL

9RXVSRXYH]WRXMRXUVHIIHFWXHURXUHFHYRLUGHVDSSHOVDYDQWG¶DYRLUFKRLVLYRWUHSD\VHWYRWUH

RSpUDWHXUQpDQPRLQVO¶pFUDQGHELHQYHQXHUpDSSDUDvWUDMXVTX¶jFHTXHYRXVD\H]FRQILJXUpOHV

SDUDPqWUHVGHYRWUHSD\V

'DWHHWKHXUH

6LYRXVrWHVDERQQpHDXVHUYLFHGHSUpVHQWDWLRQGXQXPpURGHYRWUHUpVHDXODGDWHHWO¶KHXUH

VRQWDXWRPDWLTXHPHQWUpJOpHVVXUWRXVOHVFRPELQpVFKDTXHIRLVTXHYRXVUHFHYH]XQDSSHO

/DGDWHHWO¶KHXUHVRQWHQUHJLVWUpHVDYHFFKDTXHPHVVDJHUHoXVXUYRWUHUpSRQGHXU

6LYRXVQ¶rWHVSDVDERQQpHDXVHUYLFHGHSUpVHQWDWLRQGXQXPpURYRXVSRXYH]UpJOHU

PDQXHOOHPHQWODGDWHHWO¶KHXUH

5pJODJHPDQXHOGHODGDWHHWGHOKHXUH



$SSX\H]VXUPHWIDLWHVGpILOHUDYHFGMXVTX¶j

+25/5(9(,/

$SSX\H]VXUP

/¶pFUDQDIILFKH

'$7(+(85(

DSSX\H]DORUVVXUP



(QWUH]ODGDWHDXIRUPDW

--00

H[



SRXUOHDRW



$SSX\H]VXUPHWHQWUH]O¶KHXUHVXUODEDVHGHKHXUHVDXIRUPDW

++00



H[SRXUKHXUHVGHO¶DSUqVPLGL



$SSX\H]VXUPSRXUFRQILUPHURXVXU!SRXUUHYHQLUDXPRGHYHLOOH

9RWUH'HVWPDLQWHQDQWSUrWjrWUHXWLOLVp

3RXUPLHX[FRQQDvWUHYRWUHWpOpSKRQH 

3RXUPLHX[FRQQDvWUHYRWUHWpOpSKRQH

9XHG¶HQVHPEOHGHYRWUHFRPELQp

$ eFRXWHXU

%eFUDQ

9RLUSDJH SRXUXQHYXHG¶HQVHPEOHGHVV\PEROHV

& 7RXFKH0HQX

$FFpGHUDXPHQXSULQFLSDO6pOHFWLRQQHUO¶RSWLRQDIILFKpHjO¶pFUDQ&RQILUPHUO¶RSWLRQDIILFKpH±



V¶DIILFKHjO¶pFUDQ

' 5HFRPSRVHU'pILOHPHQWYHUVODGURLWH(IIDFHU6LOHQFH

2XYULUODOLVWHGHVDSSHOVpPLV'pILOHUYHUVODGURLWH

(IIDFHUGHVFDUDFWqUHVSHQGDQWODVDLVLHGHQRPVHWGHQXPpURV

)HUPHURXYULUOHPLFURSHQGDQWXQDSSHO5HWRXUDXQLYHDXSUpFpGHQWGXPHQX±

%$&.

5(7285

V¶DIILFKHjO¶pFUDQ

( -RXUQDOGHVDSSHOV'pILOHPHQWYHUVOHKDXW$XJPHQWDWLRQGXYROXPH

2XYULUOHMRXUQDOGHVDSSHOV

)DLUHGpILOHUYHUVOHKDXWGDQVOHVOLVWHVHWOHVUpJODJHV

$XJPHQWHUOHYROXPHGHOpFRXWHXUSHQGDQWXQDSSHO

) 3DUROHUDSSHO

$SSHOHURXGpFURFKHU

8WLOLVHUOHVIRQFWLRQVGHUDSSHO5

* )LQ6RUWLH&RPELQpDOOXPppWHLQW

5DFFURFKHU

'DQVXQPHQXUHWRXUDXPRGHYHLOOH$SSX\H]ORQJXHPHQWSRXUpWHLQGUHOHFRPELQpHQPRGH

YHLOOHRXO¶DOOXPHU

+ 5pSHUWRLUH'pILOHPHQWYHUVOHEDV'LPLQXWLRQGXYROXPH

2XYULUOHUpSHUWRLUH

)DLUHGpILOHUYHUVOHEDVGDQVOHVOLVWHVHWOHVUpJODJHV

'LPLQXHUOHYROXPHGHO¶pFRXWHXU

, $QQHDXOXPLQHX[GXQDYLJDWHXU

6¶DOOXPHTXDQGOHWpOpSKRQHHVWXWLOLVp&OLJQRWHSRXUVLJQDOHUXQQRXYHOpYqQHPHQWSDUH[HPSOH

XQDSSHOPDQTXp

- 9HUURXLOODJHGXFODYLHU

$SSX\H]ORQJXHPHQWSRXUYHUURXLOOHUGpYHUURXLOOHUOHFODYLHU

3HQGDQWXQDSSHODSSX\H]ORQJXHPHQWSRXUSDVVHUGHODQXPpURWDWLRQGpFLPDOHjOD

QXPpURWDWLRQjIUpTXHQFHVYRFDOHV

(QWUHUXQHpWRLOH

. 6RQQHULHGpVDFWLYpH3DXVH

$SSX\H]ORQJXHPHQWSRXUDFWLYHURXGpVDFWLYHUODVRQQHULHGXFRPELQp

3HQGDQWODQXPpURWDWLRQRXHQHQWUDQWXQQXPpURDSSX\H]ORQJXHPHQWSRXULQVpUHUXQHSDXVH3

(QWUHUXQGLqVH

/ 7RXFKHKDXWSDUOHXU

$FWLYHURXGpVDFWLYHUOHKDXWSDUOHXUSHQGDQWXQDSSHO

$77(17,21

/¶DFWLYDWLRQGHODIRQFWLRQPDLQVOLEUHVSHXWIDLUHFRQVLGpUDEOHPHQWDXJPHQWHUOHYROXPHGDQV

O¶pFRXWHXU1HJDUGH]SDVOHFRPELQpWURSSUqVGHYRWUHRUHLOOH

0 ,QWHUSKRQHDXPLQLPXPFRPELQpV

(QPRGHYHLOOHSRXUHIIHFWXHUXQDSSHOLQWHUQH

3HQGDQWXQDSSHOSRXUWUDQVIpUHUXQDSSHOH[WHUQHjXQDXWUHFRPELQp

 3RXUPLHX[FRQQDvWUHYRWUHWpOpSKRQH

eFUDQGXFRPELQp

$ 6\PEROHV

 $SSDUDvWTXDQGODOLJQHHVWSULVH

&OLJQRWHSRXUXQDSSHOHQWUDQW

&OLJQRWHTXDQGYRXVDYH]GHQRXYHDX[PHVVDJHVVXUYRWUHPHVVDJHULHYRFDOH

6¶pWHLQWTXDQGYRXVQ¶DYH]SDVGHPHVVDJHVVXUYRWUHPHVVDJHULHYRFDOH

 &OLJQRWHTXDQGYRXVDYH]GHVDSSHOVPDQTXpVHWXQGHVQRXYHDX[QXPpURVGDQV

ODOLVWHGHVDSSHOV



 5pSHUWRLUHRXYHUW

5pYHLOUpJOp

0RGHPDLQVOLEUHV

 6RQQHULHGXFRPELQpGpVDFWLYpH

 5pSRQGHXUDFWLYpeWHLQWTXDQGOHUpSRQGHXUHVWGpVDFWLYp&OLJQRWHTXDQGYRXVDYH]

GHQRXYHDX[PHVVDJHV&OLJQRWHTXDQGODPpPRLUHHVWSOHLQH

 )L[HTXDQGOHFRPELQpHVWVRXVFULWHWjSRUWpHGHODEDVH&OLJQRWHTXDQGOHFRPELQp

HVWKRUVGHSRUWpHRXFKHUFKHXQHEDVH

/HQLYHDXGHFKDUJHDSSUR[LPDWLIGHYRWUHSLOHHVWLQGLTXpFRPPHVXLW

 3LOHFRPSOqWHPHQWFKDUJpH

3LOHSDUWLHOOHPHQWFKDUJpH

3LOHIDLEOH

/DSLOHHVWSUHVTXHpSXLVpH/¶LF{QHGHODSLOHFOLJQRWHHWYRXVHQWHQGH]XQELSWRXWHV

OHVPLQXWHVSHQGDQWXQDSSHO

% 2.

$SSX\H]VXUODWRXFKH

PSRXUVpOHFWLRQQHUHWYDOLGHUXQUpJODJH

& VW

$SSX\H]VXUXRXGSRXUQDYLJXHUGDQVOHVRSWLRQVG¶XQPHQXRXYULUOHUpSHUWRLUHRXODOLVWHGHV

DSSHOVHQPRGHYHLOOH

' %DFN5HWRXU



$SSX\H]VXUHSRXUUHYHQLUjO¶RSWLRQSUpFpGHQWHG¶XQPHQXDQQXOHUXQHDFWLRQRXHIIDFHU

XQFDUDFWqUH

9XHG¶HQVHPEOHGHODEDVH

$ 7RXFKHGHUHFKHUFKHGHFRPELQp

&HWWHIRQFWLRQHVWXWLOHSRXUUHWURXYHUOHVFRPELQpVpJDUpV



$SSX\H]VXUSVXUODEDVH

 7RXVOHVFRPELQpVVRQQHQW



$SSX\H]GHQRXYHDXVXUSRXVXUQ¶LPSRUWHTXHOOHWRXFKHGXFRPELQpSRXUDUUrWHUOD

UHFKHUFKH

% $XJPHQWHUOHYROXPH

& 'LPLQXHUOHYROXPH

3RXUPLHX[FRQQDvWUHYRWUHWpOpSKRQH 

' /('

,QGLTXHVLOHUpSRQGHXUHVWDFWLYpRXGpVDFWLYpHWVLYRXVDYH]GHVPHVVDJHV

( 5HWRXUUDSLGH

) $FWLYHUGpVDFWLYHUOHUpSRQGHXU

* $YDQFHUDSLGH

+ 6WRS

, /HFWXUH

- 6XSSULPHU

1DYLJDWLRQGDQVOHVPHQXV

3ULQFLSDOHVRSpUDWLRQVGHQDYLJDWLRQGDQVOHVPHQXVHWOHVRSWLRQV



(QPRGHYHLOOHDSSX\H]VXUP

/HPHQXSULQFLSDOV¶DIILFKH



8WLOLVH]OHVWRXFKHVXRXGSRXUGpILOHUGDQVOHPHQX



/HVRSWLRQVGHVWRXFKHVSURJUDPPDEOHV

HW

%$&.

5(7285V¶DIILFKHQW$SSX\H]VXUP

SRXUVpOHFWLRQQHU

HWRXYULUXQVRXVPHQXRXYDOLGHUXQHRSWLRQ

$SSX\H]VXU

%$&.

5(7285SRXUUHYHQLUDXQLYHDXSUpFpGHQWG¶XQPHQXFRUULJHUXQ

FDUDFWqUHRXDQQXOHUXQHDFWLRQ



$SSX\H]VXU!!SRXUUHYHQLUDXPRGHYHLOOH

/¶pFUDQUHYLHQWDXWRPDWLTXHPHQWDXPRGHYHLOOHVLYRXVQ¶DSSX\H]VXUDXFXQHWRXFKHGX

FRPELQpSHQGDQWVHFRQGHV,OUHYLHQWDXVVLDXPRGHYHLOOHVLOHFRPELQpHVWUHSRVpVXUODEDVH

RXOHFKDUJHXU

/(' ,QGLTXH

$OOXPpH 5pSRQGHXUDFWLYp

eWHLQWH 5pSRQGHXUGpVDFWLYp

&OLJQRWHPHQWVORQJVSXLVFRXUWV 1RXYHDX[PHVVDJHV

&OLJQRWHPHQWUpJXOLHU (QUHJLVWUHPHQW

&OLJQRWHPHQWUDSLGH 0pPRLUHSOHLQH

 3RXUPLHX[FRQQDvWUHYRWUHWpOpSKRQH

2UJDQLJUDPPHGHVPHQXV

5(3(572,5( +25/5(9(,/ 3(56211$/,6 5(*$9$1&(6 5(321'(85

$-287(5180

/,67(

120!

02',),(5180

68335180

683357287

0(0',5(&7(

75$16)5(3

'$7(+(85(

5(*/(55(9

0(/2',(5(9

6211(5,(6

92/6211(5,(

&+2,;6211

0(/2',(*53(

%,36728&+(6

6211(5,(

120&20%,1(

'(&52&+$872

5$&&52&$872

/$1*8(

6859&+0%

(&/$,5$*(

'85(()/$6+

02'(180

%/2&$*(

$33(/5$3,'(

6286&5,37,21

6(/(&7%$6(

6286&5%$6(

'(6286&5,5(

3,1

5(,1,7,$/,6

35(),;(

6(/(&73$<6

,17586,21

02'((&2

/,5(

683357287

(15(*0(02

02'(5(321'

5(3212))

5(*/5(321'

1%56211(5,(

$&&(6$',67

),/75&20%

),/75%$6(

5(3/$1*8(

&HWWHRSWLRQQ¶HVWGLVSRQLEOHTXHVLSOXVLHXUVFRPELQpV'

VRQWVRXVFULWVjODEDVH

8WLOLVDWLRQGXWpOpSKRQH 

8WLOLVDWLRQGXWpOpSKRQH

$SSHOV

$SSHOHU



$SSX\H]VXU



&RPSRVH]OHQXPpUR

3UpQXPpURWDWLRQ



(QWUH]OHQXPpURPD[LPXPFKLIIUHV6LYRXVDYH]IDLWXQHHUUHXUDSSX\H]VXUH



$SSX\H]VXUSRXUFRPSRVHUOHQXPpUR

7RXFKHVGHQXPpURWDWLRQUDSLGHj



0DLQWHQH]DSSX\pHXQHWRXFKHGHjMXVTX¶jFHTXHOHQXPpURDSSDUDLVVHHWVRLW

FRPSRVp

 9RXVHQWHQGH]XQELSVLDXFXQQXPpURQ¶HVWVWRFNp

$SSHOHUGHSXLVOHUpSHUWRLUH



$SSX\H]VXUG/HSUHPLHUQXPpURGXUpSHUWRLUHV¶DIILFKH



)DLWHVGpILOHUDYHFXRXGMXVTX¶DXQXPpURVRXKDLWp



$SSX\H]VXUSRXUFRPSRVHUOHQXPpUR

$678&(

$XOLHXGHGpILOHUGDQVOHVHQWUpHVGXUpSHUWRLUHDSSX\H]VXUODWRXFKHQXPpULTXHFRUUHVSRQGDQW

jODSUHPLqUHOHWWUHGHO¶HQWUpHTXHYRXVVRXKDLWH]3DUH[HPSOHVLYRXVDSSX\H]VXU

YRXV

YHUUH]OHVHQWUpHVFRPPHQoDQWSDU$(QDSSX\DQWGHQRXYHDXVXU

YRXVYHUUH]OHVHQWUpHV

FRPPHQoDQWSDU%HWF

$SSHOHUGHSXLVODOLVWHGHVDSSHOV

5(0$548(

9RXVGHYH]YRXVDERQQHUDXVHUYLFHSUpVHQWDWLRQGXQXPpURSRXUTXHOHQXPpURGHYRWUH

FRUUHVSRQGDQWVRLWHQUHJLVWUpGDQVODOLVWHGHVDSSHOV9RLU³/LVWHGHVDSSHOV´HQSDJH SRXU

SOXVGHGpWDLOV



$SSX\H]VXUXSRXUDFFpGHUDXPHQXGX

-2851$/

9RXVSRXYH]DFFpGHUDX[RSWLRQV

$33(/6

RX

5(321'(85

$SSX\H]VXUPSRXURXYULU

$33(/6

/HSUHPLHUQXPpURGHODOLVWHGHVDSSHOVV¶DIILFKH



)DLWHVGpILOHUDYHFXRXGMXVTX¶DXQXPpURVRXKDLWp



$SSX\H]VXUSRXUFRPSRVHUOHQXPpUR

'pFURFKHU



4XDQGOHWpOpSKRQHVRQQHHWTXH FOLJQRWHVXUO¶pFUDQDSSX\H]VXURXVXUYSRXU

UpSRQGUHjO¶DSSHOjWUDYHUVOHKDXWSDUOHXU

$77(17,21

eYLWH]GHWHQLUOHFRPELQpWURSSUqVGHYRWUHRUHLOOHORUVTXHOHWpOpSKRQHVRQQHFHODSRXUUDLW

DIIHFWHUYRWUHDXGLWLRQ/¶DFWLYDWLRQGHODIRQFWLRQPDLQVOLEUHVSHXWIDLUHFRQVLGpUDEOHPHQW

DXJPHQWHUOHYROXPHGDQVO¶pFRXWHXU1HWHQH]SDVOHFRPELQpWURSSUqVGHYRWUHRUHLOOH

5(0$548(

6LYRXVrWHVDERQQpHDXVHUYLFHGHSUpVHQWDWLRQGXQXPpURHWTXHYRXVDYH]DWWULEXpXQ

*URXSH9,3jYRWUHFRUUHVSRQGDQWOHVGpWDLOVGHFHGHUQLHUDSSDUDLVVHQWDYDQWTXHOHWpOpSKRQH

QHVRQQHYRLU³6WRFNHUXQQXPpUR´HQSDJH HW³0pORGLHGHJURXSH´HQSDJH 9RXVSRXYH]

UpJOHUYRWUHWpOpSKRQHSRXUTXHODVRQQHULHSDUGpIDXWUHWHQWLVVHGqVUpFHSWLRQGHO¶DSSHO

UHPSODFpHSDUODVRQQHULHDWWULEXpHjYRWUHFRUUHVSRQGDQWORUVTXHVHVGpWDLOVVDIILFKHQWjOpFUDQ

9RLU³3UHPLqUHVRQQHULH´HQSDJH 

$678&(

6LOHPRGHGHGpFURFKDJHDXWRPDWLTXHHVWDFWLYpYRLUSDJH LOYRXVVXIILWVLPSOHPHQWGH

SUHQGUHOHFRPELQpVXUVDEDVHSRXUGpFURFKHU/HUpJODJHSDUGpIDXWHVW$FWLYHU

5(0$548(

8QDSSHOHQWUDQWHVWSULRULWDLUHVXUOHVDXWUHVpYqQHPHQWV/RUVTX¶XQDSSHODUULYHOHVDXWUHV

RSpUDWLRQVHQFRXUVWHOOHVTXHUpJODJHGXWpOpSKRQHQDYLJDWLRQGDQVOHVPHQXVHWFVRQW

LQWHUURPSXHV

5pJODJHGXYROXPH



3HQGDQWXQDSSHODSSX\H]VXUXRXGSRXUUpJOHUOHYROXPHGHO¶pFRXWHXURXGXKDXW

SDUOHXU

 /HQLYHDXV¶DIILFKHVXUO¶pFUDQGXFRPELQp

6LOHQFLHX[

&RXSHOHPLFURYRXVSHUPHWWDQWGDSDUOHUjXQHDXWUHSHUVRQQHGDQVODSLqFHVDQVTXHYRWUH

FRUUHVSRQGDQWYRXVHQWHQGH



3HQGDQWXQDSSHODSSX\H]VXUH

 /HPLFURHVWFRXSp



$SSX\H]GHQRXYHDXVXUHSRXUUHPHWWUHOHPLFURHQIRQFWLRQ

5DFFURFKHU



$SSX\H]VXU!

$SUqVDYRLUUDFFURFKpODGXUpHGHYRWUHDSSHOV¶DIILFKHSHQGDQWVHFRQGHV

5(0$548(

6LOHUDFFURFKDJHDXWRPDWLTXHHVWDFWLYpYRLUSDJH LOYRXVVXIILWGHUHSRVHUOHFRPELQpVXUOD

EDVHSRXUUDFFURFKHU/HUpJODJHSDUGpIDXWHVW$&7,9(5

$OOXPHUpWHLQGUHOHFRPELQp



$SSX\H]ORQJXHPHQWVXU!SRXUpWHLQGUHOHFRPELQp



$SSX\H]ORQJXHPHQWVXU!SRXUUDOOXPHUOHFRPELQp

 5pSHUWRLUH

,QWHUSKRQH

&HWWHIRQFWLRQQpFHVVLWHDXPRLQVFRPELQpVVRXVFULWV(OOHYRXVSHUPHWG¶HIIHFWXHUGHVDSSHOV

LQWHUQHVGHWUDQVIpUHUGHVDSSHOVH[WHUQHVG¶XQFRPELQpjXQDXWUHHWG¶XWLOLVHUO¶RSWLRQ

FRQIpUHQFH

$SSHOHUXQDXWUHFRPELQp



$SSX\H]VXU,

 6LYRXVQ¶DYH]TXHGHX[FRPELQpVOHVHFRQGHVWDXWRPDWLTXHPHQWDSSHOp

 6LSOXVGHGHX[FRPELQpVVRQWVRXVFULWVjODEDVHOHXUVQXPpURVV¶DIILFKHQWH[



(QWUH]

OHQXPpURGXFRPELQpTXHYRXVYRXOH]DSSHOHURXDSSX\H]VXU

SRXUDSSHOHUWRXVOHV

FRPELQpV



$SSX\H]VXU!SRXUUDFFURFKHU

5(0$548(

&HWWHIRQFWLRQQ¶HVWSHXWrWUHSDVGLVSRQLEOHVLOHFRPELQpQHIDLWSDVSDUWLHGHODJDPPH'

7UDQVIpUHUXQDSSHOH[WHUQHVXUXQDXWUHFRPELQp



3HQGDQWXQDSSHOH[WHUQHDSSX\H]VXU,

 9RWUHFRUUHVSRQGDQWHVWPLVHQDWWHQWH



(QWUH]OHQXPpURGXFRPELQpTXHYRXVYRXOH]DSSHOHURXDSSX\H]VXUSRXUDSSHOHUWRXV

OHVFRPELQpV

 6LYRXVQ¶DYH]TXHGHX[FRPELQpVOHVHFRQGHVWDXWRPDWLTXHPHQWDSSHOp



4XDQGO¶DXWUHFRPELQpGpFURFKHDQQRQFH]OHFRUUHVSRQGDQWHWDSSX\H]VXU!SRXU

WUDQVIpUHUO¶DSSHO6LO¶DXWUHFRPELQpQHUpSRQGSDVDSSX\H]VXU,SRXUUHSUHQGUHYRWUH

FRUUHVSRQGDQW

&RQIpUHQFHjWURLV



3HQGDQWXQDSSHOH[WHUQHDSSX\H]VXU,

 9RWUHFRUUHVSRQGDQWHVWPLVHQDWWHQWH



(QWUH]OHQXPpURGXFRPELQpTXHYRXVYRXOH]DSSHOHURXDSSX\H]VXUSRXUDSSHOHUWRXV

OHVFRPELQpV

 6LYRXVQ¶DYH]TXHGHX[FRPELQpVOHVHFRQGHVWDXWRPDWLTXHPHQWDSSHOp



4XDQGO¶DXWUHFRPELQpGpFURFKHDQQRQFH]OHFRUUHVSRQGDQWHWDSSX\H]ORQJXHPHQWVXU

,SRXUFRQQHFWHUOHVGHX[DSSHOV6LO¶DXWUHFRPELQpQHUpSRQGSDVDSSX\H]VXU,

SRXUUHSUHQGUHYRWUHFRUUHVSRQGDQW



$SSX\H]VXU!SRXUUDFFURFKHU

0HVVDJHULHYRFDOH

6LYRXVrWHVDERQQpHjODPHVVDJHULHYRFDOHGHYRWUHUpVHDXVLHOOHHVWGLVSRQLEOHYRWUH

'DIILFKH TXDQGYRXVDYH]XQQRXYHDXPHVVDJH6HORQYRWUHSD\VHWOHVVHUYLFHVGH

YRWUHUpVHDXOHQXPpURGHODPHVVDJHULHYRFDOHSHXWrWUHSUpHQUHJLVWUpGDQVODWRXFKHGH

QXPpURWDWLRQUDSLGHGHYRWUHFRPELQp

5(0$548(

9RXVSRXYH]GpVDFWLYHUOHV\PEROH PDLQWHQH]ODWRXFKHDSSX\pHGDQVOHMRXUQDOGHV

DSSHOV

5pSHUWRLUH

/HUpSHUWRLUHGXFRPELQp'SHXWFRQWHQLUMXVTX¶jQRPVHWQXPpURV

5(0$548(

/HVQXPpURVSHXYHQWFRPSRUWHUMXVTX¶jFKLIIUHVHWOHVQRPVMXVTX¶jFDUDFWqUHV/HV

HQWUpHVVRQWVWRFNpHVSDURUGUHDOSKDEpWLTXH

9RLUHWDSSHOHUOHVFRQWDFWVGXUpSHUWRLUH



$SSX\H]VXUG/¶pFUDQDIILFKHOHSUHPLHUFRQWDFW



)DLWHVGpILOHUDYHFXRXGMXVTX¶DXFRQWDFWVRXKDLWp

3RXUXQHUHFKHUFKHDOSKDEpWLTXHDSSX\H]VXUGSXLVDSSX\H]VXUODWRXFKHGHODSUHPLqUH

OHWWUHGXQRPSDUH[HPSOHVLOHQRPFRPPHQFHSDU1DSSX\H]GHX[IRLVVXU

 /¶pFUDQDIILFKHODSUHPLqUHHQWUpHFRPPHQoDQWSDU16LQpFHVVDLUHDSSX\H]VXUXRXG

SRXUDWWHLQGUHO¶HQWUpHGpVLUpH



$SSX\H]VXUSRXUFRPSRVHUOHQXPpURDIILFKp

6WRFNHUXQQXPpUR



$SSX\H]VXUP

5(3(572,5(

V¶DIILFKH



$SSX\H]VXUP

$-287(5180

V¶DIILFKH



$SSX\H]VXUP

(175(5120

V¶DIILFKH



(QWUH]XQQRPHWDSSX\H]VXUP



(QWUH]XQQXPpUR$SSX\H]VXUPSRXUHQUHJLVWUHU$SSX\H]VXUXRXGSRXU

VpOHFWLRQQHU

3$6'(*5283(



*5283($



RX

HWDSSX\H]VXUPSRXUFRQILUPHU



$SSX\H]VXU!SRXUUHYHQLUDXPRGHYHLOOH

5(0$548(

9RXVSRXYH]DIIHFWHUGHVFRQWDFWVjGHVJURXSHVVSpFLILTXHVGHYRWUHFKRL[3DUH[HPSOHOH

*URXSH$SHXWFRQWHQLUOHVQXPpURVGHWpOpSKRQHGHWRXVYRVFROOqJXHVGHWUDYDLO9RXVSRXYH]

pJDOHPHQWDIIHFWHUXQHVRQQHULHVSpFLILTXHjFHJURXSHYRLU³0pORGLHGHJURXSH´HQSDJH 

3RXUEpQpILFLHUGHFHWWHIRQFWLRQXQDERQQHPHQWDXVHUYLFHGHSUpVHQWDWLRQGXQXPpURGHYRWUH

UpVHDXHVWQpFHVVDLUH'DQVFHFDVFKDTXHIRLVTX¶XQFRUUHVSRQGDQWGHFHJURXSHYRXVDSSHOOH

YRXVHQWHQGH]ODVRQQHULHDIIHFWpHjFHJURXSH

5(0$548(

9RXVSRXYH]DQQXOHUOHVWRFNDJHG¶XQQXPpURHQDSSX\DQWVXU!jWRXWPRPHQWGXUDQW

O¶RSpUDWLRQ

(QWUHUGHVQRPV

(QWUH]GHVQRPVGDQVOHUpSHUWRLUHjO¶DLGHGXFODYLHUDOSKDQXPpULTXH

3DUH[HPSOHSRXUVDLVLUOHQRP3DXO

$SSX\H]XQHIRLVVXU

 $SSX\H]XQHIRLVVXU

 $SSX\H]GHX[IRLVVXU

 $SSX\H]WURLVIRLVVXU

5pSHUWRLUH 

$SSX\H]VXUSRXULQVpUHUXQHVSDFH

$SSX\H]VXUHSRXUHIIDFHUXQFDUDFWqUHRXPDLQWHQH]HDSSX\pHSRXUHIIDFHUWRXVOHV

FDUDFWqUHV

7DEOHGHVFDUDFWqUHV

8WLOLVH]OHFODYLHUSRXUHQWUHUGHVFDUDFWqUHV



(VSDFH    ! 



$%&



'()



*+, 



-./



012



3456



789"



:; < = 



  ? 

,QVpUHUXQHSDXVH

6LYRWUH'HVWUHOLpjXQVWDQGDUGYRXVGHYUH]SHXWrWUHLQVpUHUXQHSDXVHGDQVXQQXPpUR

VWRFNp&HFLSHUPHWDXVWDQGDUGG¶REWHQLUXQHOLJQHH[WpULHXUH8QHSDXVHHVWQRUPDOHPHQW

LQVpUpHDSUqVOHFRGHG¶DFFqVDXVWDQGDUGH[



3HQGDQWOHVWRFNDJHG¶XQQXPpURPDLQWHQH]DSSX\pHMXVTX¶jO¶DIILFKDJHGH3VXU

O¶pFUDQ9RXVSRXYH]HQVXLWHFRQWLQXHUG¶HQWUHUOHQXPpUR

9RLUXQHILFKH

(QPRGHYHLOOH



$SSX\H]VXUG



(QWUH]ODSUHPLqUHOHWWUHGXQRPjFKHUFKHUSXLVIDLWHVGpILOHUDYHFXRXGMXVTX¶jODILFKH

UHFKHUFKpH/HQRPV¶DIILFKH



$SSX\H]VXUHSRXUDIILFKHUOHQXPpUR6¶LO\DSOXVGHFKLIIUHVDSSX\H]GHQRXYHDX

VXUHSRXUYRLUOHUHVWHGXQXPpUR



$SSX\H]VXU!SRXUUHYHQLUDXPRGHYHLOOH

3HQGDQWXQDSSHO



$SSX\H]GHX[IRLVVXUPSRXURXYULUOHUpSHUWRLUH



(QWUH]ODSUHPLqUHOHWWUHGXQRPjFKHUFKHUSXLVIDLWHVGpILOHUDYHFXRXGMXVTX¶DXQRP

UHFKHUFKpVLQpFHVVDLUH$SSX\H]VXUHSRXUDIILFKHUOHQXPpUR6¶LO\DSOXVGH

FKLIIUHVDSSX\H]GHQRXYHDXVXUHSRXUYRLUOHUHVWHGXQXPpUR



$SSX\H]VXU!!SRXUIHUPHUOHUpSHUWRLUH



$SSX\H]GHQRXYHDXVXU!SRXUUDFFURFKHU

0RGLILHUXQHILFKH



$SSX\H]VXUG



)DLWHVGpILOHUDYHFXRXGMXVTX¶jODILFKHTXHYRXVYRXOH]PRGLILHUHWDSSX\H]VXUP

02',),(5180

V¶DIILFKH$SSX\H]GHQRXYHDXVXUP



0RGLILH]OHQRPHWDSSX\H]VXUPSRXUFRQILUPHU$SSX\H]VXUHSRXUHIIDFHUGHV

FDUDFWqUHV



$SSX\H]VXUPHWPRGLILH]OHQXPpUR



$SSX\H]VXUPSRXUFRQILUPHU



)DLWHVGpILOHUDYHFXRXGSRXUVpOHFWLRQQHU

3$6'(*5283(



*5283($



RX

HWDSSX\H]VXU

PSRXUFRQILUPHU



$SSX\H]VXU!SRXUUHYHQLUDXPRGHYHLOOH

6XSSULPHUXQHILFKH



$SSX\H]VXUG



)DLWHVGpILOHUMXVTX¶jODILFKHTXHYRXVYRXOH]VXSSULPHUHWDSSX\H]VXUP



)DLWHVGpILOHUDYHFGMXVTX¶j

68335180

HWDSSX\H]VXUP



/¶pFUDQDIILFKH

&21),50(5"

$SSX\H]VXUP



$SSX\H]VXU!SRXUUHYHQLUDXPRGHYHLOOH

6XSSULPHUWRXWHVOHVILFKHV



$SSX\H]GHX[IRLVVXUP



)DLWHVGpILOHUDYHFGMXVTX¶j

683357287

HWDSSX\H]VXUP



/¶pFUDQDIILFKH

&21),50(5"

$SSX\H]VXUP



$SSX\H]VXU!SRXUUHYHQLUDXPRGHYHLOOH

&RSLHUOHUpSHUWRLUHGDQVXQDXWUHFRPELQp



$SSX\H]GHX[IRLVVXUP



)DLWHVGpILOHUDYHFGMXVTX¶j

75$16)5(3

HWDSSX\H]VXUP



)DLWHVGpILOHUDYHFXRXGMXVTX¶DXQXPpURGXFRPELQpGDQVOHTXHOYRXVYRXOH]FRSLHUOH

UpSHUWRLUH$SSX\H]VXUP

6XUOHFRPELQpGHVWLQDWDLUH 



75$16)'( &20%,1(;

R;GpVLJQHOHQXPpURGXFRPELQppPHWWHXUV¶DIILFKH

$SSX\H]VXUPSRXUGpPDUUHUODFRSLH

4XDQG

())(&78(

V¶DIILFKHVXUOHVGHX[FRPELQpVDSSX\H]VXU!SRXUUHYHQLUDXPRGH

YHLOOH

 $IILFKDJHGXFRUUHVSRQGDQWHWOLVWHGHVDSSHOV

5(0$548(

6LXQHILFKHDYHFOHPrPHQRPHWOHPrPHQXPpURH[LVWHGpMjGDQVOHFRPELQpGHGHVWLQDWLRQ

HOOHQHVHUDSDVFRSLpH

7RXFKHVGHQXPpURWDWLRQUDSLGH

/HVWRXFKHVjSHUPHWWHQWXQHQXPpURWDWLRQUDSLGHGHVQXPpURVGXUpSHUWRLUH

&RPSRVHUXQQXPpURUDSLGH



0DLQWHQH]DSSX\pHXQHWRXFKHQXPpULTXHGHj

 /HQXPpURV¶DIILFKHHWHVWFRPSRVp



$SSX\H]VXU!SRXUDQQXOHUODQXPpURWDWLRQHWUHYHQLUDXPRGHYHLOOH

$VVRFLHUXQQXPpURGXUpSHUWRLUHjXQHWRXFKHGH

QXPpURWDWLRQUDSLGH



$SSX\H]GHX[IRLVVXUP



)DLWHVGpILOHUDYHFGMXVTX¶j

0(0',5(&7(

HWDSSX\H]VXUP



$SSX\H]VXUXRXGSRXUVpOHFWLRQQHU

728&+(

HWDSSX\H]VXUP6LXQHILFKHH[LVWH

HOOHV¶DIILFKH



$SSX\H]GHQRXYHDXVXUPSRXUDFFpGHUDXPHQXGHVRSWLRQV



$SSX\H]VXUPSRXU

$-287(5

XQHILFKHGXUpSHUWRLUH



)DLWHVGpILOHUDYHFXRXGMXVTX¶jODILFKHGpVLUpH$SSX\H]VXUPSRXUFRQILUPHURXVXU

!SRXUUHYHQLUDXPRGHYHLOOH

6XSSULPHUXQQXPpURUDSLGH



$SSX\H]GHX[IRLVVXUPSXLVIDLWHVGpILOHUDYHFXRXGMXVTX¶j

0(0',5(&7(

HWDSSX\H]VXU

P



)DLWHVGpILOHUDYHFXRXGSRXUVpOHFWLRQQHU

728&+(





$SSX\H]VXUPSRXUDIILFKHUODILFKHH[LVWDQWH$SSX\H]GHQRXYHDXVXUPSRXU

DFFpGHUDXPHQXGHVRSWLRQV



)DLWHVGpILOHUDYHFGMXVTX¶j

68335,0(5

HWDSSX\H]VXUP



/¶pFUDQDIILFKH

&21),50(5"

$SSX\H]VXUP



$SSX\H]VXU!SRXUUHYHQLUDXPRGHYHLOOH

$IILFKDJHGXFRUUHVSRQGDQWHWOLVWHGHVDSSHOV

6LYRXVrWHVDERQQpHDXVHUYLFHSUpVHQWDWLRQGXQXPpUR&/,HWTXHOHFRUUHVSRQGDQWQ¶DSDV

PDVTXpVRQLGHQWLWpVRQQXPpURDSSDUDvWDYHFODGDWHHWOKHXUHGHODSSHOVLFHWWHLQIRUPDWLRQ

HVWIRXUQLHSDUOHUpVHDX

5(0$548(

 6LOHQXPpURGHYRWUHFRUUHVSRQGDQWHVWGDQVYRWUHUpSHUWRLUHDYHFVRQQRPFHOXLFLVHUD

DXVVLDIILFKp

 6LOHQXPpURGXFRUUHVSRQGDQWQ¶HVWSDVGLVSRQLEOHOHFRPELQpDIILFKHUD

,1',6321



 /HVLQIRUPDWLRQVVXUOHVDSSHOVHQWUDQWVYDULHQWVHORQOHVSD\VHWOHVRSpUDWHXUV&HUWDLQV

RSpUDWHXUVIRQWSD\HUOHVHUYLFHGHSUpVHQWDWLRQGXQXPpUR

/LVWHGHVDSSHOV

/DOLVWHGHVDSSHOVFRQWLHQWOHVGpWDLOVGHVDSSHOVPDQTXpVHWUHoXV/HVGpWDLOVLQFOXHQWODGDWH

HWO¶KHXUHGHO¶DSSHO/HVDSSHOVV¶DIILFKHQWHQRUGUHFKURQRORJLTXHOHSOXVUpFHQWHQWrWHGHOD

OLVWH

5(0$548(

 4XDQGODOLVWHGHVDSSHOVHVWSOHLQHXQQRXYHODSSHOSUHQGODSODFHGXSOXVDQFLHQGDQVOD

OLVWH

 /HMRXUQDOGHVDSSHOVUHoXVHWPDQTXpVSHXWFRQWHQLUMXVTX¶jDSSHOV

 6LYRXVUHFHYH]SOXVG¶XQDSSHOGXPrPHQXPpURVHXOOHSOXVUpFHQWHVWFRQVHUYpGDQVOD

OLVWHGHVDSSHOV

/RUVTXHYRXVDYH]PDQTXpGHVDSSHOVOHV\PEROH V¶DIILFKHVXUWRXVOHVFRPELQpVVRXVFULWV

jODEDVH

6LYRXVFRQVXOWH]OHMRXUQDOGHVDSSHOVVXUXQFRPELQpOHV\PEROHFRQWLQXHGHFOLJQRWHUVXUOHV

DXWUHV3DFNVPXOWLSOHVVHXOHPHQW

9RLUODOLVWHGHVDSSHOV



$SSX\H]VXUXSRXUDFFpGHUDX[RSWLRQVGX

-2851$/

SXLVDSSX\H]VXUPSRXURXYULU

$33(/6



 /HQXPpUROHSOXVUpFHQWRXOHQRPV¶LOHVWGDQVOHUpSHUWRLUHV¶DIILFKH/HVQRXYHDX[

DSSHOVVRQWLQGLTXpVSDUOHV\PEROH FOLJQRWDQW



1DYLJXH]GDQVOHMRXUQDODYHFXRXG

9RXVHQWHQGH]XQELSjODILQGXMRXUQDO

$SSX\H]VXUHSRXUYRLUOHQXPpUR6¶LO\DSOXVGHFKLIIUHVDSSX\H]GHQRXYHDXVXU

HSRXUYRLUOHUHVWHGXQXPpUR



$SSX\H]VXU!SRXUUHYHQLUDXPRGHYHLOOH

5(0$548(

/HV\PEROH V¶DUUrWHGHFOLJQRWHUORUVTXHWRXVOHVDSSHOVRQWpWpYXV

$IILFKDJHGXFRUUHVSRQGDQWHWOLVWHGHVDSSHOV 

$SSHOHUGHSXLVODOLVWHGHVDSSHOV



$SSX\H]VXUXSRXUDFFpGHUDX[RSWLRQVGX

-2851$/

SXLVDSSX\H]VXUPSRXURXYULU

$33(/6

/¶DSSHOOHSOXVUpFHQWV¶DIILFKH



)DLWHVGpILOHUDYHFXRXGMXVTX¶DXQXPpURVRXKDLWp



$SSX\H]VXURXYSRXUFRPSRVHU

6DXYHJDUGHUXQQXPpURGHODOLVWHGHVDSSHOVGDQVOHUpSHUWRLUH



$SSX\H]VXUXSXLVVXUP/¶DSSHOOHSOXVUpFHQWV¶DIILFKH



)DLWHVGpILOHUDYHFXRXGMXVTX¶DXQXPpURGpVLUp



$SSX\H]VXUP

(15(*180

V¶DIILFKH



$SSX\H]VXUP

(175(5120

V¶DIILFKH6DLVLVVH]OHQRPDXFODYLHU



$SSX\H]VXUPSRXUDIILFKHUOHQXPpURHWOHPRGLILHUVLQpFHVVDLUHSXLVDSSX\H]VXU

PSRXUHQUHJLVWUHUOHQXPpURPrPHQRQPRGLILp



$SSX\H]VXUXRXGSRXUVpOHFWLRQQHU

3$6'(*5283(



*5283($



RX

HWDSSX\H]VXUP

SRXUFRQILUPHU



$SSX\H]VXUPSRXUFRQILUPHU



$SSX\H]VXU!SRXUUHYHQLUDXPRGHYHLOOH

6XSSULPHUXQHHQWUpHGHODOLVWHGHVDSSHOV



$SSX\H]VXUXSXLVVXUP/¶DSSHOOHSOXVUpFHQWV¶DIILFKH



$SSX\H]VXUPSXLVIDLWHVGpILOHUDYHFXRXGMXVTX¶DXQXPpURGpVLUp



$SSX\H]VXUPSXLVIDLWHVGpILOHUDYHFGMXVTX¶j

68335,0(5

HWDSSX\H]VXUP



/¶pFUDQDIILFKH

&21),50(5"

$SSX\H]VXUPSRXUFRQILUPHU



$SSX\H]VXU!SRXUUHYHQLUDXPRGHYHLOOH

6XSSULPHUWRXWHODOLVWHGHVDSSHOV



$SSX\H]VXUXSXLVVXUP/¶DSSHOOHSOXVUpFHQWV¶DIILFKH



)DLWHVGpILOHUDYHFGMXVTX¶j

683357287

HWDSSX\H]VXUP



/¶pFUDQDIILFKH

&21),50(5"

$SSX\H]VXUPSRXUFRQILUPHU$SSX\H]VXU!SRXUUHYHQLU

DXPRGHYHLOOH

5HFRPSRVLWLRQ

/H'YRXVSHUPHWGHUHFRPSRVHUO¶XQGHVGHUQLHUVQXPpURVDSSHOpV/HVQXPpURV

SHXYHQWFRPSRUWHUMXVTX¶jFKLIIUHV

5HFRPSRVHUOHGHUQLHUQXPpUR



$SSX\H]VXUH/HGHUQLHUQXPpURFRPSRVpV¶DIILFKH

6¶LO\DSOXVGHFKLIIUHVO¶pFUDQDIILFKHXHWOHFXUVHXUFOLJQRWH$SSX\H]VXUHSRXU

YRLUOHUHVWHGXQXPpUR6LOHQXPpURHVWHQUHJLVWUpGDQVOHUpSHUWRLUHOHQRPV¶DIILFKH



$SSX\H]VXUSRXUFRPSRVHU

9RLUHWFRPSRVHUXQQXPpURGHODOLVWHGHVDSSHOVpPLV



$SSX\H]VXUH/HGHUQLHUQXPpURFRPSRVpV¶DIILFKH

6LQpFHVVDLUHIDLWHVGpILOHUDYHFXRXGMXVTX¶DXQXPpURGpVLUp



$SSX\H]VXUSRXUFRPSRVHUOHQXPpUR

&RSLHUXQQXPpURGHODOLVWHGHVDSSHOVpPLVGDQVOHUpSHUWRLUH



$SSX\H]VXUHHWIDLWHVGpILOHUDYHFXRXGMXVTX¶DXQXPpURGpVLUp



$SSX\H]VXUP



/¶pFUDQDIILFKH

(15(*180

$SSX\H]VXUP



(QWUH]OHQRPHWDSSX\H]VXUP



6LQpFHVVDLUHPRGLILH]OHQXPpURSXLVDSSX\H]VXUP



$SSX\H]VXUXRXGSRXUVpOHFWLRQQHU

3$6'(*5283(



*5283($



RX

HWDSSX\H]VXUP

SRXUFRQILUPHU



$SSX\H]VXU!SRXUUHYHQLUDXPRGHYHLOOH

6XSSULPHUXQQXPpURGHODOLVWHGHVDSSHOVpPLV



$SSX\H]VXUH)DLWHVGpILOHUDYHFXRXGMXVTX¶DXQXPpURGpVLUp



$SSX\H]VXUPSXLVIDLWHVGpILOHUDYHFGMXVTX¶j

68335,0(5

HWDSSX\H]VXUP



/¶pFUDQDIILFKH

&21),50(5"

$SSX\H]VXUPSRXUFRQILUPHUSXLVVXU!SRXUUHYHQLUDX

PRGHYHLOOH

(IIDFHUWRXWHODOLVWHGHVDSSHOVpPLV



$SSX\H]VXUHSXLVVXUP



)DLWHVGpILOHUDYHFGMXVTX¶j

683357287

HWDSSX\H]VXUP



/¶pFUDQDIILFKH

&21),50(5"

$SSX\H]VXUPSRXUFRQILUPHU$SSX\H]VXU!SRXUUHYHQLU

DXPRGHYHLOOH

 +RUORJHUpYHLO

+RUORJHUpYHLO

6LYRXVrWHVDERQQpHDXVHUYLFHGHSUpVHQWDWLRQGXQXPpURGHYRWUHUpVHDXHWVHORQYRWUH

RSpUDWHXUOKHXUHVXUYRWUH'SHXWrWUHUpJOpHFKDTXHIRLVTXHYRXVUHFHYH]XQDSSHO

9RXVSRXYH]DXVVLUpJOHUO¶KHXUHJUkFHDXPHQXKRUORJHHWUpYHLO

5pJOHUODGDWHHWO¶KHXUH



$SSX\H]VXUPHWIDLWHVGpILOHUDYHFGMXVTX¶j

+25/5(9(,/

$SSX\H]VXUP/¶pFUDQ

DIILFKH

'$7(+(85(

DSSX\H]DORUVVXUP



(QWUH]ODGDWHDXIRUPDW

--00

H[



SRXUOHDRW



$SSX\H]VXUPHWHQWUH]O¶KHXUHVXUODEDVHGHKHXUHVDXIRUPDW

++00



H[SRXUKHXUHVGHO¶DSUqVPLGL



$SSX\H]VXUPSRXUFRQILUPHU



$SSX\H]VXU!SRXUUHYHQLUDXPRGHYHLOOH

5(0$548(

/DGDWHHVWFRQVHUYpHPrPHHQFDVGHFRXSXUHGHFRXUDQWRXG¶pSXLVHPHQWGHVSLOHV

5pJOHUOHUpYHLO



$SSX\H]VXUPIDLWHVGpILOHUDYHFGMXVTX¶j

+25/5(9(,/

HWDSSX\H]VXUP



)DLWHVGpILOHUDYHFGMXVTX¶j

5(*/(55(9

HWDSSX\H]VXUP



)DLWHVGpILOHUDYHFXRXGMXVTX¶j

'(6$&7,9(5



81()2,6

RX

76/(6-2856

HWDSSX\H]VXUP



6LYRXVFKRLVLVVH]

81()2,6

RX

76/(6-2856

HQWUH]O¶KHXUHVXUODEDVHGHKHXUHVDXIRUPDW

++00

H[SRXUKHXUHVGHO¶DSUqVPLGLHWDSSX\H]VXUP



$SSX\H]VXU!SRXUUHYHQLUDXPRGHYHLOOH

5(0$548(

/RUVTXHOHUpYHLOHVWDFWLYpOHV\PEROH HVWDIILFKp

/HUpYHLOVRQQHjXQYROXPHPR\HQ

5(9(,/

HWOHV\PEROH FOLJQRWHQW

4XDQGOHUpYHLOVRQQHDSSX\H]VXUQ¶LPSRUWHTXHOOHWRXFKHSRXUO¶DUUrWHU

&KRLVLUODPpORGLHGXUpYHLO

/HUpYHLOGLVSRVHGHWURLVVRQQHULHV



$SSX\H]VXUPHWIDLWHVGpILOHUDYHFGMXVTX¶j

+25/5(9(,/



$SSX\H]VXUP



)DLWHVGpILOHUDYHFGMXVTX¶j

0(/2',(5(9

HWDSSX\H]VXUP

 9RXVHQWHQGH]OHVPpORGLHV



)DLWHVGpILOHUDYHFXRXGHWDSSX\H]VXUP

5pJODJHVSHUVRQQDOLVpV

6RQQHULHVGXFRPELQp

$77(17,21

eYLWH]GHWHQLUOHFRPELQpWURSSUqVGHYRWUHRUHLOOHORUVTXHOHWpOpSKRQHVRQQHFHODSRXUUDLW

DIIHFWHUYRWUHDXGLWLRQ

9ROXPHGHODVRQQHULH

&KRLVLVVH]HQWUH6LOHQFHIDLEOHPR\HQIRUWWUqVIRUWHWSURJUHVVLIYROXPHFURLVVDQW

5(0$548(

/HUpJODJHSDUGpIDXWHVWIRUW



$SSX\H]VXUPIDLWHVGpILOHUDYHFGMXVTX¶j

3(56211$/,6

HWDSSX\H]VXUP



6211(5,(6

V¶DIILFKH$SSX\H]VXUP



92/



6211(5,(

V¶DIILFKH$SSX\H]VXUP



)DLWHVGpILOHUDYHFXRXGSRXUUpJOHUOHYROXPHGHODVRQQHULH



$SSX\H]VXUPSRXUHQUHJLVWUHUOHVUpJODJHV



$SSX\H]VXU!SRXUUHYHQLUDXPRGHYHLOOH

0pORGLHGHODVRQQHULH

9RXVSRXYH]FKRLVLUHQWUHPpORGLHV



$SSX\H]VXUPIDLWHVGpILOHUDYHFGMXVTX¶j

3(56211$/,6

HWDSSX\H]VXUP



6211(5,(6

V¶DIILFKH$SSX\H]VXUPHWIDLWHVGpILOHUDYHFGMXVTX¶j

&+2,;6211

$SSX\H]

VXU

P



$SSX\H]VXUXRXGSRXUFKRLVLUODPpORGLH

 9RXVHQWHQGH]XQHSDUWLHGHODPpORGLH



$SSX\H]VXUPSRXUFRQILUPHU



$SSX\H]VXU!SRXUUHYHQLUDXPRGHYHLOOH

0pORGLHGHJURXSH

3RXUEpQpILFLHUGHFHWWHIRQFWLRQYRXVGHYH]rWUHDERQQpHDXVHUYLFHGHSUpVHQWDWLRQGX

QXPpUR&HWWHRSWLRQYRXVSHUPHWGHVpOHFWLRQQHUHWFRQILJXUHUOHVPpORGLHVTXLVHURQW

HQWHQGXHVjODUpFHSWLRQGXQDSSHOSURYHQDQWGXQFRQWDFWGRQWOHQRPILJXUHGDQVYRWUH

UpSHUWRLUHHWTXLDSSDUWLHQWjXQJURXSH9RXVSRXYH]DIIHFWHUXQHPpORGLHGLIIpUHQWHjFKDTXH

JURXSH3RXURUJDQLVHUYRVFRQWDFWVYRXVGLVSRVH]GHWURLVJURXSHVGDQVOHUpSHUWRLUH*URXSH

$%&&KDTXHJURXSHQHSHXWDYRLUTX¶XQHPpORGLH



$SSX\H]VXUPIDLWHVGpILOHUDYHFGMXVTX¶j

3(56211$/,6

HWDSSX\H]VXUP



6211(5,(6

V¶DIILFKH$SSX\H]VXUPHWIDLWHVGpILOHUDYHFGMXVTX¶j

0(/2',(*53(

$SSX\H]

VXUP



)DLWHVGpILOHUDYHFXRXGSRXUVpOHFWLRQQHU

*5283($



%

RX

SXLVDSSX\H]VXUP



$SSX\H]VXUXRUGSRXUFKRLVLUODPpORGLHGHFHJURXSHHWDSSX\H]VXUP



$SSX\H]VXU!SRXUUHYHQLUDXPRGHYHLOOH

5pJODJHVSHUVRQQDOLVpV 

$FWLYHUGpVDFWLYHUOHELSGHVWRXFKHV

9RXVHQWHQGH]XQELSORUVTXHYRXVDSSX\H]VXUOHVWRXFKHVGXFODYLHU9RXVSRXYH]DFWLYHURX

GpVDFWLYHUFHVELSV



$SSX\H]VXUPIDLWHVGpILOHUDYHFGMXVTX¶j

3(56211$/,6

HWDSSX\H]VXUP



6211(5,(6

V¶DIILFKH$SSX\H]VXUPHWIDLWHVGpILOHUDYHFGMXVTX¶j

%,36728&+(6

$SSX\H]

VXUP



)DLWHVGpILOHUDYHFXRXGSRXUVpOHFWLRQQHU

$&7,9(5

RX

'(6$&7,9(5



$SSX\H]VXUPSRXUFRQILUPHU



$SSX\H]VXU!SRXUUHYHQLUDXPRGHYHLOOH

3UHPLqUHVRQQHULH

9RWUH'GpWHFWHDXWRPDWLTXHPHQWO¶LGHQWLWpGHYRWUHFRUUHVSRQGDQWVHORQYRWUH

DERQQHPHQW6LYRXVQHYRXOH]SDVHQWHQGUHODVRQQHULHDYDQWO¶DIILFKDJHGHO¶LGHQWLWpGHYRWUH

FRUUHVSRQGDQWYRXVSRXYH]'(6$&7,9(5ODqUH6211(5,((OOHHVW$&7,9(5SDUGpIDXW



$SSX\H]VXUPIDLWHVGpILOHUDYHFGMXVTX¶j

3(56211$/,6

HWDSSX\H]VXUP



6211(5,(6

V¶DIILFKH$SSX\H]VXUPHWIDLWHVGpILOHUDYHFGMXVTX¶j

6211(5,(

$SSX\H]VXU

P



)DLWHVGpILOHUDYHFXRXGSRXUVpOHFWLRQQHU

$&7,9(5

RX

'(6$&7,9(5





$SSX\H]VXUPSRXUFRQILUPHU



$SSX\H]VXU!SRXUUHYHQLUDXPRGHYHLOOH

1RPGXFRPELQp

3HUVRQQDOLVH]YRWUHFRPELQpHQOXLGRQQDQWOHQRPG¶XQHSHUVRQQHRXG¶XQOLHXSDUH[HPSOH

3HWHURXFKDPEUHFDUDFWqUHVPD[LPXP



$SSX\H]VXUPIDLWHVGpILOHUDYHFGMXVTX¶j

3(56211$/,6

HWDSSX\H]VXUP



)DLWHVGpILOHUDYHFGMXVTX¶j

120&20%,1(

HWDSSX\H]VXUP/HQRPH[LVWDQWV¶DIILFKH



$SSX\H]VXUHSRXUOHIIDFHU



(QWUH]OHQRPGHYRWUHFKRL[±FDUDFWqUHVPD[LPXP±HWDSSX\H]VXUP

SRXUO¶HQUHJLVWUHU



$SSX\H]VXU!SRXUUHYHQLUDXPRGHYHLOOH

'pFURFKDJHDXWRPDWLTXH

4XDQGOHGpFURFKDJHDXWRPDWLTXHHVWDFWLYpYRXVSRXYH]GpFURFKHUVLPSOHPHQWHQSUHQDQWOH

FRPELQpVXUODEDVHRXOHFKDUJHXU6¶LOHVWGpVDFWLYpYRXVGHYUH]DSSX\HUVXUSRXU

GpFURFKHU,OHVW$&7,9(5SDUGpIDXW



$SSX\H]VXUPIDLWHVGpILOHUDYHFGMXVTX¶j

3(56211$/,6

HWDSSX\H]VXUP



)DLWHVGpILOHUDYHFGMXVTX¶j

'(&52&+



$872

$SSX\H]VXUP



)DLWHVGpILOHUDYHFXRXGSRXUVpOHFWLRQQHU

$&7,9(5

RX

'(6$&7,9(5





$SSX\H]VXUPSRXUFRQILUPHU



$SSX\H]VXU!SRXUUHYHQLUDXPRGHYHLOOH

5DFFURFKDJHDXWRPDWLTXH

4XDQGOHUDFFURFKDJHDXWRPDWLTXHHVWDFWLYpYRXVSRXYH]UDFFURFKHUVLPSOHPHQWHQUHSRVDQW

OHFRPELQpVXUODEDVHRXOHFKDUJHXU6¶LOHVWGpVDFWLYpYRXVGHYUH]DSSX\HUVXU!SRXU

UDFFURFKHU,OHVW$&7,9eSDUGpIDXW



$SSX\H]VXUPIDLWHVGpILOHUDYHFGMXVTX¶j

3(56211$/,6

HWDSSX\H]VXUP



)DLWHVGpILOHUDYHFGMXVTX¶j

5$&&52&



$872

$SSX\H]VXUP



)DLWHVGpILOHUDYHFXRXGSRXUVpOHFWLRQQHU

$&7,9(5

RX

'(6$&7,9(5





$SSX\H]VXUPSRXUFRQILUPHU



$SSX\H]VXU!SRXUUHYHQLUDXPRGHYHLOOH

/DQJXHG¶DIILFKDJH

9RXVSRXYH]FKDQJHUODODQJXHG¶DIILFKDJH



$SSX\H]VXUPIDLWHVGpILOHUDYHFGMXVTX¶j

3(56211$/,6

HWDSSX\H]VXUP



)DLWHVGpILOHUDYHFGMXVTX¶j

/$1*8(

$SSX\H]VXUP



)DLWHVGpILOHUDYHFXRXGSRXUVpOHFWLRQQHUODODQJXHGHYRWUHFKRL[



$SSX\H]VXUPSRXUFRQILUPHU



$SSX\H]VXU!SRXUUHYHQLUDXPRGHYHLOOH

$FWLYHUGpVDFWLYHUODVXUYHLOODQFHGHFKDPEUH

/DLVVH]XQFRPELQpGDQVXQHSLqFHHWpFRXWH]OHVEUXLWVSURYHQDQWGHFHWWHSLqFHVXUXQDXWUH

FRPELQp



$SSX\H]VXUPIDLWHVGpILOHUDYHFGMXVTX¶j

3(56211$/,6

HWDSSX\H]VXUP



)DLWHVGpILOHUDYHFGMXVTX¶j

6859&+0%

$SSX\H]VXUP



$SSX\H]VXUXRXGSRXUVpOHFWLRQQHU

$&7,9(5

RX

'(6$&7,9(5





$SSX\H]VXUPSRXUFRQILUPHU

/RUVTXHFHPRGHHVWDFWLYpYRXVSRXYH]ODLVVHUOHFRPELQpGDQVODSLqFHTXHYRXVGpVLUH]

VXUYHLOOHU6HXOOHPLFURHVWRXYHUW8QHSHUVRQQHSUpVHQWHGDQVFHWWHSLqFHQHSRXUUDSDVYRXV

HQWHQGUH

6XUYHLOODQFHGHFKDPEUHIRQFWLRQQHPHQW



$FWLYH]ODVXUYHLOODQFHGHFKDPEUHVXUXQFRPELQpHWODLVVH]OHGDQVODSLqFH



6XUXQDXWUHFRPELQpDSSX\H]VXU,HWHQWUH]OHQXPpURGXFRPELQpTXHYRXVXWLOLVH]

SRXUODVXUYHLOODQFHGHODSLqFH9RXVSRXYH]DORUVHQWHQGUHOHVEUXLWVYHQDQWGHFHWWHSLqFH

$678&(

$SSX\H]VXU!SRXUDUUrWHUODVXUYHLOODQFHjWRXWPRPHQW

$77(17,21 

&HSURGXLWQ¶HVWSDVGHVWLQpjrWUHXWLOLVpFRPPHGLVSRVLWLIGHVpFXULWpSRXUXQHQIDQWHWQH

UHPSODFHHQDXFXQFDVODVXUYHLOODQFHG¶XQDGXOWH

 5pJODJHVDYDQFpV

$FWLYHUGpVDFWLYHUO¶pFODLUDJH



$SSX\H]VXUPIDLWHVGpILOHUDYHFGMXVTX¶j

3(56211$/,6

HWDSSX\H]VXUP



)DLWHVGpILOHUDYHFGMXVTX¶j

(&/$,5$*(

$SSX\H]VXUP



$SSX\H]VXUXRXGSRXUVpOHFWLRQQHU

$&7,9(5

RX

'(6$&7,9(5





$SSX\H]VXUPSRXUFRQILUPHU

9HUURXLOODJHFODYLHU

9HUURXLOOH]OHFODYLHUSRXUpYLWHUGDSSX\HUDFFLGHQWHOOHPHQWVXUOHVWRXFKHVHQWUDQVSRUWDQWOH

FRPELQp



0DLQWHQH]DSSX\pHODWRXFKH 

 /¶pFUDQDIILFKH

&/$9%/248(



0DLQWHQH]GHQRXYHDXODWRXFKHDSSX\pHSRXUGpYHUURXLOOHUOHFRPELQp

5(0$548(

9RXVSRXYH]GpFURFKHUQRUPDOHPHQWPrPHTXDQGOHFODYLHUHVWYHUURXLOOp

5pJODJHVDYDQFpV

&HWWHIRQFWLRQHVWXWLOHORUVTXHYRXVYRXOH]DFFpGHUjFHUWDLQVVHUYLFHVGXUpVHDXRXGX3$%;

VWDQGDUG

'pODLGHUDSSHO

/HGpODLGHUDSSHOSDUGpIDXWGX'FRQYLHQWjYRWUHSD\VHWjYRWUHRSpUDWHXU9RXVQHGHYUH]

SUREDEOHPHQWSDVOHPRGLILHUVDXIVLFHODYRXVHVWFRQVHLOOp



$SSX\H]VXUPIDLWHVGpILOHUDYHFGMXVTX¶j

5(*$9$1&(6

HWDSSX\H]VXUP



'85((



)/$6+

V¶DIILFKH$SSX\H]VXUP



$SSX\H]VXUXRXGSRXUFKRLVLUOHGpODLVRXKDLWp

&2857



02<(1



/21*





$SSX\H]VXUPSRXUFRQILUPHU



$SSX\H]VXU!SRXUUHYHQLUDXPRGHYHLOOH

5(0$548(

/DFRPSDWLELOLWpGHYRWUH'DYHFWRXVOHV3$%;Q¶HVWSDVJDUDQWLH

0RGHGHQXPpURWDWLRQ

/HPRGHGHQXPpURWDWLRQSDUGpIDXWGX'FRQYLHQWjYRWUHSD\VHWjYRWUHRSpUDWHXU9RXV

QHGHYUH]SUREDEOHPHQWSDVOHPRGLILHUVDXIVLFHODYRXVHVWFRQVHLOOp



$SSX\H]VXUPIDLWHVGpILOHUDYHFGMXVTX¶j

5(*$9$1&(6

HWDSSX\H]VXUP



)DLWHVGpILOHUDYHFGMXVTX¶j

02'(180

$SSX\H]VXUP



$SSX\H]VXUXRXGSRXUVpOHFWLRQQHU

)5(4



92&$/(6

RX

180



'(&,0$/(





$SSX\H]VXUPSRXUFRQILUPHU



$SSX\H]VXU!SRXUUHYHQLUDXPRGHYHLOOH

&KDQJHUWHPSRUDLUHPHQWGHODQXPpURWDWLRQGpFLPDOHjOD

QXPpURWDWLRQjIUpTXHQFHVYRFDOHV



0DLQWHQH]DSSX\pHODWRXFKH

/HPRGHGHQXPpURWDWLRQFKDQJHGHGpFLPDOjIUpTXHQFHVYRFDOHVSHQGDQWODGXUpHGHO¶DSSHO

%ORFDJHG¶DSSHO

(PSrFKHFHUWDLQVQXPpURVG¶rWUHFRPSRVpVVXUYRWUH'6WRFNH]MXVTX¶jQXPpURV

VSpFLILTXHVGHFKLIIUHVFKDFXQ±SDUH[HPSOHXQSUpIL[HLQWHUQDWLRQDORXUpJLRQDO

9RXVSRXYH]DFWLYHURXGpVDFWLYHUOHEORFDJHG¶DSSHO

5(0$548(

6LYRXVDFWLYH]OHEORFDJHG¶DSSHO

%/2&$&7,9(

V¶DIILFKHHQPRGHYHLOOH

$FWLYHUGpVDFWLYHUOHEORFDJHG¶DSSHO



$SSX\H]VXUPIDLWHVGpILOHUDYHFGMXVTX¶j

5(*$9$1&(6

HWDSSX\H]VXUP



)DLWHVGpILOHUDYHFGMXVTX¶j

%/2&$*(

$SSX\H]VXUP



(QWUH]OHFRGH3,1SDUGpIDXWHWDSSX\H]VXUP



02'(

V¶DIILFKH$SSX\H]VXUP

5pJODJHVDYDQFpV 



$SSX\H]VXUXRXGSRXUVpOHFWLRQQHU

$&7,9(5

RX

'(6$&7,9(5

$SSX\H]VXUPSRXUFRQILUPHU



$SSX\H]VXU!SRXUUHYHQLUDXPRGHYHLOOH9RXVSRXYH]PDLQWHQDQWHQWUHUOHQXPpUR

9RLUFLGHVVRXV

(QWUHUXQQXPpURjEORTXHU



$SSX\H]VXUPIDLWHVGpILOHUDYHFGMXVTX¶j

5(*$9$1&(6

HWDSSX\H]VXUP



)DLWHVGpILOHUDYHFGMXVTX¶j

%/2&$*(

$SSX\H]VXUP



(QWUH]OHFRGH3,1SDUGpIDXWHWDSSX\H]VXUP



)DLWHVGpILOHUDYHFGMXVTX¶j

180(52

$SSX\H]VXUP



6LQpFHVVDLUHIDLWHVGpILOHUDYHFXRXGMXVTX¶DXSURFKDLQHVSDFHOLEUH



$SSX\H]VXUPHWVDLVLVVH]OHQXPpURRXOHSUpIL[HTXHYRXVYRXOH]EORTXHU$SSX\H]VXU

PSRXUFRQILUPHU



$SSX\H]VXU!SRXUUHYHQLUDXPRGHYHLOOH

$SSHOIDFLOH

/RUVTX¶HOOHHVWDFWLYpHFHWWHIRQFWLRQYRXVSHUPHWGHFRPSRVHUXQQXPpURHQDSSX\DQWVXU

Q¶LPSRUWHTXHOOHWRXFKHGHYRWUHFRPELQpVDXI

!(OOHHVWWUqVXWLOHSRXUDFFpGHUGLUHFWHPHQW

DX[VHUYLFHVGXUJHQFH

$FWLYHUGpVDFWLYHUO¶DSSHOIDFLOH



$SSX\H]VXUPIDLWHVGpILOHUDYHFGMXVTX¶j

5(*$9$1&(6

HWDSSX\H]VXUP



)DLWHVGpILOHUDYHFGMXVTX¶j

$33(/5$3,'(

$SSX\H]VXUP



(QWUH]OHFRGH3,1SDUGpIDXWHWDSSX\H]VXUP



02'(

V¶DIILFKH$SSX\H]VXUPHWIDLWHVGpILOHUDYHFXRXGSRXUVHOHFWLRQQHU

$&7,9(5

RX

'(6$&7,9(5

$SSX\H]VXUPSRXUFRQILUPHU



$SSX\H]VXU!SRXUUHYHQLUDXPRGHYHLOOH

5(0$548(

6LYRXVDFWLYH]O¶DSSHOIDFLOH

$335$3$&7

V¶DIILFKHHQPRGHYHLOOH

3RXUGpVDFWLYHUO¶DSSHOIDFLOH



$SSX\H]VXU!



'(6$&7,9(5"

V¶DIILFKH$SSX\H]VXUPSRXUFRQILUPHU

(QWUHUOHQXPpURG¶DSSHOIDFLOH



$SSX\H]VXUPIDLWHVGpILOHUDYHFGMXVTX¶j

5(*$9$1&(6

HWDSSX\H]VXUP



)DLWHVGpILOHUDYHFGMXVTX¶j

$33(/5$3,'(

$SSX\H]VXUP



(QWUH]OHFRGH3,1SDUGpIDXWHWDSSX\H]VXUP



)DLWHVGpILOHUDYHFGMXVTX¶j

180(52

$SSX\H]VXUP



(QWUH]OHQXPpUR$SSX\H]VXUPSRXUFRQILUPHU



$SSX\H]VXU!SRXUUHYHQLUDXPRGHYHLOOH

)RQFWLRQQHPHQW

4XDQGXQQXPpURG¶DSSHOIDFLOHDpWpHQWUpHWTXHFHPRGHHVWDFWLYpDSSX\H]VXUQ¶LPSRUWH

TXHOOHWRXFKHVDXI!SRXUFRPSRVHUOHQXPpUR

5(0$548(

4XDQGO¶DSSHOIDFLOHHVWDFWLYpYRXVSRXYH]WRXMRXUVGpFURFKHUQRUPDOHPHQWSRXUUpSRQGUHjXQDSSHO

6RXVFULSWLRQ

/¶XQLWpGHEDVHSHXWVRXVFULUHMXVTX¶jFRPELQpV/HVFRPELQpVVXSSOpPHQWDLUHVGRLYHQWrWUH

VRXVFULWVjODEDVHDYDQWXWLOLVDWLRQ

 /HVLQVWUXFWLRQVFLGHVVRXVV¶DSSOLTXHQWXQLTXHPHQWjYRWUHFRPELQp'&HVLQVWUXFWLRQV

SHXYHQWYDULHUVLYRXVYRXOH]VRXVFULUHXQFRPELQpG¶XQHDXWUHPDUTXH'DQVFHFDVYHXLOOH]

YRXVUHQVHLJQHUDXSUqVGXIDEULFDQWGXFRPELQpVXSSOpPHQWDLUH

 3RXUVRXVFULUHRXGpVRXVFULUHOHVFRPELQpVYRXVGHYUH]HQWUHUOHFRGH3,1/HFRGH3,1SDU

GpIDXWHVW





6RXVFULUHXQFRPELQp

6XUODEDVH



$SSX\H]VXUOHERXWRQSGHODEDVHSHQGDQWDXPRLQVVHFRQGHV/DEDVHpPHWXQELSTXDQG

HOOHHVWSUrWHjDFFHSWHUODVRXVFULSWLRQ9RXVGLVSRVH]GHVHFRQGHVSRXUVRXVFULUHXQFRPELQp

6XUOHFRPELQp



$SSX\H]VXUPIDLWHVGpILOHUDYHFGMXVTX¶j

5(*$9$1&(6

HWDSSX\H]VXUP



)DLWHVGpILOHUDYHFGMXVTX¶j

6286&5,37,21

HWDSSX\H]VXUP



6LQpFHVVDLUHIDLWHVGpILOHUDYHFXRXGSRXUDIILFKHU

6286&5%$6(

HWDSSX\H]VXUP

%$6(

V¶DIILFKHHWOHQXPpURGHODEDVHGHVRXVFULSWLRQFOLJQRWH(QWUH]OHQXPpURGHOD

EDVHGHVRXVFULSWLRQSRXUYRWUHFRPELQp

6LYRXVDYH]XQHVHXOHEDVHDSSX\H]VXU6LYRXVDYH]EDVHVDSSX\H]VXURX

HWF



4XDQGO¶pFUDQDIILFKH

3,1

HQWUH]OH3,1GHODEDVHHWDSSX\H]VXUP

 8QQXPpURHVWDWWULEXpDXFRPELQpTXDQGLOHVWVRXVFULWjODEDVH

6pOHFWLRQQHUXQHEDVH

9RXVSRXYH]VRXVFULUHYRWUHFRPELQp'jEDVHVGLIIpUHQWHV8QHIRLVVRXVFULWYRXV

SRXYH]FRPPXWHUHQWUHOHVEDVHVSDUH[HPSOHEDVHVjODPDLVRQHWEDVHVDXWUDYDLO



$SSX\H]VXUPIDLWHVGpILOHUDYHFGMXVTX¶j

5(*$9$1&(6

HWDSSX\H]VXUP



)DLWHVGpILOHUDYHFGMXVTX¶j

6286&5,37,21

HWDSSX\H]VXUP



6(/(&7%$6(

V¶DIILFKH$SSX\H]VXUP

 /HVQXPpURVGHVEDVHVGLVSRQLEOHVV¶DIILFKHQWFHOXLGHODEDVHDFWXHOOHPHQWXWLOLVpH

FOLJQRWH



(QWUH]OHQXPpURGHODEDVHGHYRWUHFKRL[±RXHWDSSX\H]VXUP

 9RXVHQWHQGH]XQELSORUVTXHODEDVHHVWWURXYpH6LHOOHQ¶HVWSDVWURXYpHO¶pFUDQDIILFKH

'(6286&5,7



'pVRXVFULUHXQFRPELQp



$SSX\H]VXUPIDLWHVGpILOHUDYHFGMXVTX¶j

5(*$9$1&(6

HWDSSX\H]VXUP



)DLWHVGpILOHUDYHFGMXVTX¶j

'(6286&5,5(

HWDSSX\H]VXUP



(QWUH]OHVFKLIIUHVGXFRGH3,1HWDSSX\H]VXUP

 /HVQXPpURVGHVFRPELQpVVRXVFULWVV¶DIILFKHQW

 5pJODJHVDYDQFpV



)DLWHVGpILOHUDYHFXRXGSRXUFKRLVLUOHFRPELQpTXHYRXVYRXOH]GpVRXVFULUHHWDSSX\H]

VXU

P



'(6286&5,7

V¶DIILFKHVXUOHFRPELQp

3,1

/HFRGH3,1jFKLIIUHVVHUWjVRXVFULUHRXGpVRXVFULUHXQFRPELQpHWjPRGLILHUFHUWDLQVUpJODJHVGH

YRWUH'/HFRGH3,1SDUGpIDXWHVW9RXVSRXYH]OHFKDQJHUSRXUSOXVGHVpFXULWp



$SSX\H]VXUPIDLWHVGpILOHUDYHFGMXVTX¶j

5(*$9$1&(6

HWDSSX\H]VXUP



)DLWHVGpILOHUDYHFGMXVTX¶j

3,1

$SSX\H]VXUP



(QWUH]OHVFKLIIUHVGXFRGH3,1H[LVWDQWSDUGpIDXWHWDSSX\H]VXUP



(QWUH]OHQRXYHDX3,1HWDSSX\H]VXUP

5(0$548(

1RWH]YRWUHFRGH3,16LYRXVO¶RXEOLH]YRXVGHYUH]UpLQLWLDOLVHUYRWUHSURGXLW

5pLQLWLDOLVHU

&HWWHRSpUDWLRQUHVWDXUHOHVUpJODJHVSDUGpIDXWGHYRWUH'



$SSX\H]VXUPIDLWHVGpILOHUDYHFGMXVTX¶j

5(*$9$1&(6

HWDSSX\H]VXUP



)DLWHVGpILOHUDYHFGMXVTX¶j

5(,1,7,$/,6

$SSX\H]VXUP



&21),50(5"

V¶DIILFKH$SSX\H]VXUP

5(0$548(

/HVILFKHVGHYRWUHUpSHUWRLUHHWOHVQRXYHDX[PHVVDJHVVXUYRWUHUpSRQGHXUVRQWFRQVHUYpV

$SUqVODUpLQLWLDOLVDWLRQHWVHORQYRWUHSD\VOHPRGHGHELHQYHQXHSHXWV¶DIILFKHUVXUO¶pFUDQGX

FRPELQp

5pJODJHVSDUGpIDXW

3UpIL[HDXWR

9RXVSRXYH]SURJUDPPHUOH'SRXUGpWHFWHUXQQXPpURjFRPSRVHUHWOHUHPSODFHUSDUXQ

DXWUH/HQXPpURjGpWHFWHUSHXYHQWFRPSRUWHUMXVTX¶jFKLIIUHV,OSHXWrWUHUHPSODFpSDUXQ

QXPpURjFKLIIUHV



$SSX\H]VXUPIDLWHVGpILOHUDYHFGMXVTX¶j

5(*$9$1&(6

HWDSSX\H]VXUP



)DLWHVGpILOHUDYHFGMXVTX¶j

35(),;(

$SSX\H]VXUP



'(7(&7180

V¶DIILFKH$SSX\H]VXUP



(QWUH]OHQXPpURTXHYRXVYRXOH]GpWHFWHUHWDSSX\H]VXUP



)DLWHVGpILOHUMXVTXj

35(),;(

HWDSSX\H]VXUP



(QWUH]OHQXPpURGHUHPSODFHPHQWHWDSSX\H]VXUP



$SSX\H]VXU!SRXUUHYHQLUDXPRGHYHLOOH

3D\V

6LYRXVYRXVLQVWDOOH]GDQVXQDXWUHSD\VYRXVSRXYH]FRQILJXUHUYRWUHWpOpSKRQHSRXUTX¶LOVRLW

FRPSDWLEOHDYHFOHVSDUDPqWUHVGHUpVHDXGHFHSD\V

5(0$548(

6LYRXVIDLWHVXQHHUUHXUHQVpOHFWLRQQDQWOHSD\VYRXVSRXYH]WRXMRXUVUpLQLWLDOLVHUOHWpOpSKRQH

DX[SDUDPqWUHVGHYRWUHSD\V

6HORQYRWUHSD\VFHWWHRSWLRQSHXWDSSDUDvWUHFRPPH

121',6321

RXYRWUHSD\VSHXWQHSDVrWUHDIILFKp



$SSX\H]VXUPIDLWHVGpILOHUDYHFGMXVTX¶j

5(*$9$1&(6

HWDSSX\H]VXUP



)DLWHVGpILOHUDYHFGMXVTX¶j

6(/(&73$<6

$SSX\H]VXUP



(QWUH]OHVGLJLWFKLIIUHVGXFRGH3,1HWDSSX\H]VXUP



)DLWHVGpILOHUDYHFXMXVTX¶jGSRXUDIILFKHUOHSD\VVRXKDLWp



$SSX\H]VXUPSRXUFRQILUPHU

1RPGXFRPELQp &RPELQp

%LSWRXFKHV $FWLYp

3UHPLqUHVRQQHULH $FWLYpH

'pFURFKDJHDXWRPDWLTXH $FWLYp

5DFFURFKDJHDXWRWRPDWLTXH $FWLYp

0pORGLHVRQQHULH 0HORGLH

9ROXPHVRQQHULH )RUW

9ROXPHpFRXWHXU 

5pSHUWRLUH ,QFKDQJp

-RXUQDOGHVDSSHOV 9LGH

/LVWHGHVQXPpURVpPLV 9LGH

&RGH3,1 

9HUURXLOODJHFODYLHU 'pVDFWLYp

+RUORJH 

5pYHLO 'pVDFWLYp

0RGHGHQXPpURWDWLRQ )UpTXHQFHVYRFDOHV

5pSRQGHXU $FWLYp

0RGHUpSRQVH 5pSRQGUHHQUHJLVWUHU

0HVVDJHG¶DFFXHLO 3UpGpILQL

1RPEUHGHVRQQHULHV VHFRQGHV

$FFqVjGLVWDQFH $FWLYp

)LOWUDJHFRPELQp 'pVDFWLYp

)LOWUDJHEDVH $FWLYp

8WLOLVDWLRQGHYRWUHUpSRQGHXU 

,QWUXVLRQ

4XDQGXQDSSHOH[WHUQHHVWHQFRXUVXQDXWUHFRPELQpVRXVFULWjODEDVHSHXWGpFOHQFKHUXQH

FRQIpUHQFHjWURLVVLPSOHPHQWHQDSSX\DQWVXU

3RXUFHODODIRQFWLRQLQWUXVLRQGRLWrWUHDFWLYpH



$SSX\H]VXUPIDLWHVGpILOHUDYHFGMXVTX¶j

5(*$9$1&(6

HWDSSX\H]VXUP



)DLWHVGpILOHUDYHFGMXVTX¶j

,17586,21

$SSX\H]VXUP



)DLWHVGpILOHUDYHFXRXGMXVTX¶j

$&7,9(5

RX

'(6$&7,9(5





$SSX\H]VXUPSRXUFRQILUPHU



$SSX\H]VXU!SRXUUHYHQLUDXPRGHYHLOOH

0RGHe&2

3RXUGLPLQXHUOHQLYHDXGHVpPLVVLRQVYRXVSRXYH]VpOHFWLRQQHUXQIDLEOHQLYHDXRXOHPRGH

e&24XDQGOHPRGHe&2HVW

$&7,9(5

ODSXLVVDQFHGHWUDQVPLVVLRQGHODEDVHHVWUpGXLWH

$&7,9(5

RX

'(6$&7,9(5

OHPRGHe&2



$SSX\H]VXUPIDLWHVGpILOHUDYHFGMXVTX¶j

5(*$9$1&(6

HWDSSX\H]VXUP



)DLWHVGpILOHUDYHFGMXVTX¶j

02'((&2

HWDSSX\H]VXUP



$SSX\H]VXUXRXGSRXUPHWWUHHQUHOLHI

$&7,9(5

RX

'(6$&7,9(5

SXLVDSSX\H]VXUPSRXU

FRQILUPHU

 9RXVHQWHQGH]XQELSGHFRQILUPDWLRQHWO¶pFUDQGXFRPELQpDIILFKH

02'((&2

DXOLHXGX

QRPGXFRPELQp

5(0$548(

4XDQGOHPRGHe&2HVW

$&7,9(5

ODSRUWpHGXFRPELQpHVWUpGXLWH

8WLOLVDWLRQGHYRWUHUpSRQGHXU

/HUpSRQGHXUGHYRWUH'HQUHJLVWUHOHVDSSHOVPDQTXpVORUVTXLOHVWDFWLYp,OSHXWHQUHJLVWUHU

MXVTXjPHVVDJHVSRXUXQHGXUpHWRWDOHGHQUHJLVWUHPHQWGHPLQXWHV&KDTXHPHVVDJH

SHXWGXUHUPLQXWHV9RWUHPHVVDJHG¶DFFXHLOSHXWGXUHUPLQXWH

7RXFKHVGHFRPPDQGHGXUpSRQGHXUGHODEDVH'

$FWLYHUGpVDFWLYHUOHUpSRQGHXU



$SSX\H]VXUPIDLWHVGpILOHUDYHFXRXGMXVTX¶j

5(321'(85

HWDSSX\H]VXUP



)DLWHVGpILOHUDYHFGMXVTX¶j

5(3212))

HWDSSX\H]VXUP



)DLWHVGpILOHUDYHFXRXGSRXUVpOHFWLRQQHU

$&7,9(5

RX

'(6$&7,9(5





$SSX\H]VXUPSRXUFRQILUPHU



$SSX\H]VXU!SRXUUHYHQLUDXPRGHYHLOOH

eFRXWHUOHVPHVVDJHV



$SSX\H]VXUPIDLWHVGpILOHUDYHFXMXVTX¶jGMXVTX¶j

5(321'(85

HWDSSX\H]VXUP

/,5(

V¶DIILFKH

R

$FWLYHUGpVDFWLYHUOHUpSRQGHXU

eFRXWHUOHVQRXYHDX[PHVVDJHV

$UUrWHUODOHFWXUH

U

6DXWHUDXPHVVDJHVXLYDQWSHQGDQWODOHFWXUH

O

5HOLUHOHPHVVDJHHQFRXUV

$SSX\HUGHX[IRLVSRXUVDXWHUDXPHVVDJHSUpFpGHQW

[

(IIDFHUOHPHVVDJHHQFRXUVSHQGDQWODOHFWXUH

$SSX\HUORQJXHPHQWSRXUHIIDFHUWRXVOHVPHVVDJHVTXDQGOHUpSRQGHXUHVWHQYHLOOH



$XJPHQWHUOHYROXPHGXKDXWSDUOHXUSHQGDQWODOHFWXUHGHVPHVVDJHV



'LPLQXHUOHYROXPHGXKDXWSDUOHXUSHQGDQWODOHFWXUH

 8WLOLVDWLRQGHYRWUHUpSRQGHXU



$SSX\H]VXUPSRXUpFRXWHUOHVQRXYHDX[PHVVDJHV

 /¶pFUDQDIILFKHOHQRPEUHGHQRXYHDX[PHVVDJHV6¶LOQ¶\DSDVGHQRXYHDX[PHVVDJHV

WRXVOHVPHVVDJHVHQUHJLVWUpVVRQWOXV



$SSX\H]VXUHSRXUDIILFKHUOHVGpWDLOVGXFRUUHVSRQGDQW$SSX\H]GHQRXYHDXVXUH

SRXUYRLUODGDWHHWO¶KHXUHGHO¶DSSHO

5(0$548(

&HWWHRSWLRQQ¶HVWSDVGLVSRQLEOHVLYRXVQ¶rWHVSDVDERQQpHDXVHUYLFHGHSUpVHQWDWLRQGX

QXPpUR



$SSX\H]VXUPSHQGDQWODOHFWXUHSRXUDIILFKHUOHVRSWLRQV8WLOLVH]OHVWRXFKHVXHWG

SRXUFKDQJHUOHVRSWLRQVRSWLRQV



5(3(7(5

±DSSX\H]VXUPSRXUUppFRXWHUOHPHVVDJHHQFRXUV



0(6668,9$17

±DSSX\H]VXUPSRXUpFRXWHUOHPHVVDJHVXLYDQW



0(6635(&('

±DSSX\H]VXUPSRXUpFRXWHUOHPHVVDJHSUpFpGHQW



68335,0(5

±DSSX\H]VXUPSRXUVXSSULPHUOHPHVVDJHHQFRXUV



(15(*180

±DSSX\H]VXUPSRXUHQUHJLVWUHUOHQXPpURGDQVOHUpSHUWRLUHV¶LOHVW

GLVSRQLEOH

5(0$548(

6LYRXVQrWHVSDVDERQQpHDXVHUYLFHGHSUpVHQWDWLRQGXQXPpURORSWLRQ

(15(*180

QHVHUD

SDVGLVSRQLEOH



$SSX\H]VXU!SRXUDUUrWHUODOHFWXUHHWUHYHQLUDXPRGHYHLOOH

6XSSULPHUWRXVOHVPHVVDJHV



$SSX\H]VXUPIDLWHVGpILOHUDYHFGMXVTX¶j

5(321'(85

HWDSSX\H]VXUP



)DLWHVGpILOHUDYHFGMXVTX¶j

683357287

HWDSSX\H]VXUP



/¶pFUDQDIILFKH

&21),50(5"

$SSX\H]VXUPSRXUFRQILUPHU

(QUHJLVWUHUXQPpPR

9RXVSRXYH]HQUHJLVWUHUXQPpPRVXUYRWUHUpSRQGHXUSXLVO¶pFRXWHUFRPPHXQPHVVDJHQRUPDO



$SSX\H]VXUPIDLWHVGpILOHUDYHFXRXGMXVTX¶j

5(321'(85

HWDSSX\H]VXUP



)DLWHVGpILOHUDYHFGMXVTX¶j

(15(*0(02

HWDSSX\H]VXUP/¶pFUDQDIILFKH

(15(*,675«





'LFWH]YRWUHPHVVDJH$SSX\H]VXUPSRXUDUUrWHUO¶HQUHJLVWUHPHQW

0HVVDJHG¶DFFXHLO

&¶HVWOHPHVVDJHTXHYRWUHFRUUHVSRQGDQWHQWHQGTXDQGOHUpSRQGHXUGpFURFKH,O\DGHX[

PHVVDJHVSUpHQUHJLVWUpVHWSRXYH]DXVVLHQUHJLVWUHUYRWUHSURSUHPHVVDJHG¶DFFXHLO

5pSRQGUHHQUHJLVWUHU

/HFRUUHVSRQGDQWSHXWODLVVHUXQPHVVDJH/HPHVVDJHSUpHQUHJLVWUpHVW³%RQMRXUMHQHSHX[

SDVYRXVUpSRQGUHSRXUOHPRPHQWYHXLOOH]ODLVVHUXQPHVVDJHDSUqVOHELS´

5pSRQVHVHXOH

/HFRUUHVSRQGDQWHQWHQGYRWUHPHVVDJHG¶DFFXHLOPDLVQHSHXWSDVODLVVHUGHPHVVDJH/H

PHVVDJHSUpHQUHJLVWUpHVW³%RQMRXUMHQHSHX[SDVYRXVUpSRQGUHSRXUOHPRPHQWHWYRXVQH

SRXYH]SDVODLVVHUGHPHVVDJHYHXLOOH]UDSSHOHUXOWpULHXUHPHQW´

5pJOHUOHPRGHGHUpSRQVH

5pJOHUYRWUHUpSRQGHXUSRXUUpSRQGUHHWHQUHJLVWUHURXUpSRQGUHVHXOHPHQW



$SSX\H]VXUPIDLWHVGpILOHUDYHFXRXGMXVTX¶j

5(321'(85

HWDSSX\H]VXUP



)DLWHVGpILOHUDYHFGMXVTX¶j

02'(5(321'

HWDSSX\H]VXUP

 /HPRGHGHUpSRQVHHQFRXUVV¶DIILFKH



)DLWHVGpILOHUDYHFXRXGSRXUVpOHFWLRQQHU

5(3(15(*

RX

5(36,03/(

HWDSSX\H]VXUP



)DLWHVGpILOHUDYHFXRXGSRXUFKRLVLUOHW\SHGHYRWUHPHVVDJH

3(56211$/,6(

SRXUXWLOLVHU

YRWUHSURSUHPHVVDJHRU

35('(),1,

SRXUOHPHVVDJHSUpHQUHJLVWUp



$SSX\H]VXUPSRXUFRQILUPHU

6LYRXVFKRLVLVVH]

3(56211$/,6(

YR\H]OHSDUDJUDSKHVXLYDQW

(QUHJLVWUHUpFRXWHURXVXSSULPHUYRWUHPHVVDJHG¶DFFXHLO

5pSRQGUHHWHQUHJLVWUHULQYLWHYRVFRUUHVSRQGDQWVjODLVVHUXQPHVVDJH5pSRQVHVHXOHSHUPHW

jYRVFRUUHVSRQGDQWVG¶HQWHQGUHYRWUHPHVVDJHPDLVLOVQHSHXYHQWSDVODLVVHUOHOHXU



$SSX\H]VXUPIDLWHVGpILOHUDYHFXRXGMXVTXj

5(321'(85

HWDSSX\H]VXUP



)DLWHVGpILOHUDYHFGMXVTX¶j

02'(5(321'

HWDSSX\H]VXUP



)DLWHVGpILOHUDYHFXRXGSRXUVpOHFWLRQQHU

5(3(15(*

RX

5(36,03/(

HWDSSX\H]VXUP

8WLOLVH]OHVWRXFKHVXRXGSRXUVpOHFWLRQQHU

3(56211$/,6(

SXLVDSSX\H]VXUP



/,5(

V¶DIILFKH$SSX\H]VXUP

 /HPHVVDJHFRXUDQWHVWOX

 )DLWHVGpILOHUDYHF

GSRXUVpOHFWLRQQHU

(15(*,675(5

±HWDSSX\H]VXUP/¶pFUDQDIILFKH

(15(*,675«

HWYRXVHQWHQGH]XQELS'LFWH]YRWUHPHVVDJH$SSX\H]VXUPSRXUDUUrWHU

O¶HQUHJLVWUHPHQW



68335,0(5

DSSX\H]VXUP/HPHVVDJHSUpHQUHJLVWUpVHUDDXWRPDWLTXHPHQWUpDFWLYp



$SSX\H]VXUPSRXUFRQILUPHU

5pJODJHVGXUpSRQGHXU

1RPEUHGHVRQQHULHV

&KRLVLVVH]ODGXUpHGHVVRQQHULHVDYDQWTXHYRWUHUpSRQGHXUQHGpFURFKH9RXVSRXYH]FKRLVLU

HQWUHVHFRQGHVRXeFRQRPLVHXU

5(0$548(

6LeFRQRPLVHXUHVWVpOHFWLRQQp

 6LYRXVDYH]GHQRXYHDX[PHVVDJHVYRWUHWpOpSKRQHGpFURFKHDSUqVVHFRQGHV

 6LYRXVQ¶DYH]SDVGHQRXYHDX[PHVVDJHVLOGpFURFKHDSUqVVHFRQGHV9RXVSRXYH]

DORUVUDFFURFKHUpFRQRPLVDQWDLQVLODGXUpHHWOHFRWGHODSSHO

 6LODPpPRLUHHVWSOHLQHOHUpSRQGHXUGpFURFKHUDDSUqVVHFRQGHVHQPRGHGHUpSRQVHVHXOH



$SSX\H]VXUPIDLWHVGpILOHUDYHFXRXGMXVTX¶j

5(321'(85

HWDSSX\H]VXUP



)DLWHVGpILOHUDYHFGMXVTX¶j

5(*/5(321'

HWDSSX\H]VXUP



1%56211(5,(

V¶DIILFKH$SSX\H]VXUP



)DLWHVGpILOHUDYHFXRXGSRXUVpOHFWLRQQHUVHFRQGHVRX

(&2120,6(85





$SSX\H]VXUPSRXUFRQILUPHU

8WLOLVDWLRQGHYRWUHUpSRQGHXU 

$FFqVjGLVWDQFH

/¶DFFqVjGLVWDQFHYRXVSHUPHWG¶XWLOLVHUYRWUHUpSRQGHXUHWG¶pFRXWHUYRVPHVVDJHVHQDSSHODQW

YRWUH'GHSXLVXQDXWUHWpOpSKRQH

,OHVWDFWLYpSDUGpIDXW



$SSHOH]YRWUH'/RUVTXHYRXVHQWHQGH]YRWUHPHVVDJHG¶DFFXHLODSSX\H]VXU



(QWUH]OHVFKLIIUHVGHYRWUH3,1/H3,1SDUGpIDXWHVW





 9RXVHQWHQGH]XQELSGHFRQILUPDWLRQ

5(0$548(

3RXUSOXVGHVpFXULWpFKDQJH]FHFRGHYRLU³3,1´HQSDJH 



$SUqVDYRLUHQWUpYRWUH3,1XWLOLVH]OHFODYLHUSRXUDFFpGHUjYRWUHUpSRQGHXU'

$FWLYHUGpVDFWLYHUO¶DFFqVjGLVWDQFH



$SSX\H]VXUPIDLWHVGpILOHUDYHFGMXVTX¶j

5(321'(85

HWDSSX\H]VXUP



)DLWHVGpILOHUDYHFGMXVTX¶j

5(*/5(321'

HWDSSX\H]VXUP



)DLWHVGpILOHUDYHFGMXVTX¶j

$&&(6$',67

HWDSSX\H]VXUP



)DLWHVGpILOHUDYHFXRXGSRXUVpOHFWLRQQHU

$&7,9(5

RX

'(6$&7,9(5





$SSX\H]VXUPSRXUFRQILUPHU

)LOWUDJHG¶DSSHO

9RXVSRXYH]HQWHQGUHYRWUHFRUUHVSRQGDQWODLVVHUVRQPHVVDJHVXUOHFRPELQpRXSDUOHKDXW

SDUOHXUGHODEDVH9RXVSRXYH]DORUVVRLWLJQRUHUO¶DSSHOVRLWGpFURFKHU

/HVUpJODJHVSDUGpIDXWVRQW

 )LOWUDJHGXFRPELQp'pVDFWLYp

 )LOWUDJHGHODEDVH$FWLYp

6XUOHFRPELQp



6LYRXVYRXOH]GpFURFKHUDSSX\H]VXURXY

6XUODEDVH



3HQGDQWTXHOHFRUUHVSRQGDQWODLVVHVRQPHVVDJHDSSX\H]VXURXSRXUUpJOHUOH

YROXPH



6LYRXVYRXOH]GpFURFKHUDYHFOHFRPELQpDSSX\H]VXURXY

$FWLYHUGpVDFWLYHUOHILOWUDJHGXFRPELQp



$SSX\H]VXUPIDLWHVGpILOHUDYHFXRXGMXVTX¶j

5(321'(85

HWDSSX\H]VXUP



)DLWHVGpILOHUDYHFGMXVTX¶j

5(*/5e321'

HWDSSX\H]VXUP



)DLWHVGpILOHUMXVTX¶j

),/75&20%

HWDSSX\H]VXUP



)DLWHVGpILOHUDYHFXRXGSRXUVpOHFWL21QHU

$&7,9(5

RX

'(6$&7,9(5





$SSX\H]VXUPSRXUFRQILUPHU

$FWLYHUGpVDFWLYHUOHILOWUDJHGHODEDVH



$SSX\H]VXUPIDLWHVGpILOHUDYHFGMXVTX¶j

5(321'(85

HWDSSX\H]VXUP



)DLWHVGpILOHUDYHFGMXVTX¶j

5(*/5(321'

HWDSSX\H]VXUP



)DLWHVGpILOHUDYHFGMXVTX¶j

),/75%$6(

HWDSSX\H]VXUP



$SSX\H]VXUXRXGSRXUVpOHFWLRQQHU

$&7,9(5

RX

'(6$&7,9(5





$SSX\H]VXUPSRXUFRQILUPHU

/DQJXHGXUpSRQGHXU

9RXVSRXYH]FKDQJHUODODQJXHGHVDQQRQFHVSUpHQUHJLVWUpHV



$SSX\H]VXUP)DLWHVGpILOHUDYHFXRXGMXVTX¶j

5(321'(85

HWDSSX\H]VXUP



)DLWHVGpILOHUDYHFGMXVTX¶j

5(*/5(321'

HWDSSX\H]VXUP



)DLWHVGpILOHUMXVTX¶j

5(3/$1*8(

HWDSSX\H]VXUP



)DLWHVGpILOHUDYHFXRXGSRXUVpOHFWLRQQHUODODQJXH



$SSX\H]VXUPSRXUFRQILUPHU

$FFpGHUDXPHQXGXUpSRQGHXUGHSXLVODOLVWHGHVDSSHOV

4XDQGOHV\PEROH FOLJQRWHSRXUVLJQDOHUXQQRXYHDXPHVVDJHYRXVSRXYH]YRLUOHVGpWDLOV

GXFRUUHVSRQGDQWHQDSSX\DQWVXUXRXYRXVSRXYH]DSSX\HUGHQRXYHDXVXUGSRXUDOOHUj

5(321'(85

HWpFRXWHUOHVQRXYHDX[PHVVDJHV



$SSX\H]VXUX

$33(/6

V¶DIILFKH



$SSX\H]VXUG

5(321'(85

V¶DIILFKH



$SSX\H]VXUP

/,5(

V¶DIILFKH



$SSX\H]VXUPSRXUGpPDUUHUODOHFWXUHGXQRXYHDXPHVVDJHVXUOHFRPELQp4XDQG

WRXVOHVPHVVDJHVRQWpWpOXVOHFRPELQpUHYLHQWDXPRGHYHLOOH

5(0$548(

3HQGDQWODOHFWXUHDSSX\H]VXU!jQ¶LPSRUWHTXHOPRPHQWSRXUUHYHQLUDXPRGHYHLOOH

0pPRLUHSOHLQH

/DPpPRLUHHVWSOHLQHORUVTX¶LOUHVWHPRLQVGHVHFRQGHVG¶HQUHJLVWUHPHQWRXORUVTXHOH

PD[LPXPGHPHVVDJHVHVWDWWHLQW

4XDQGODPpPRLUHGHVPHVVDJHVHVWSOHLQH

 /D/('FOLJQRWHUDSLGHPHQW

 FOLJQRWHUDSLGHPHQWVXUOHFRPELQp

 /HUpSRQGHXUSDVVHDXWRPDWLTXHPHQWHQPRGHUpSRQVHVHXOH

6LODPpPRLUHHVWSOHLQHSHQGDQWTX¶XQFRUUHVSRQGDQWODLVVHXQPHVVDJHFHOXLFLHQWHQGXQELS

HWODFRPPXQLFDWLRQHVWFRXSpH

/LUHOHVPHVVDJHV 

/LUHOHPHVVDJHSUpFpGHQW 

/LUHOHPHVVDJHVXLYDQW 

6XSSULPHUOHPHVVDJHHQFRXUV 

$FWLYHUOHUpSRQGHXU 

$UUrWHUODOHFWXUH 

'pVDFWLYHUOHUpSRQGHXU 

 $LGH

$LGH

&KDUJHPHQW

/HV\PEROH QHGpILOHSDVTXDQGOHFRPELQpHVWVXUODEDVH

 0DXYDLVFRQWDFW±GpSODFH]OpJqUHPHQWOHFRPELQp

 &RQWDFWVVDOHV±QHWWR\H]OHVFRQWDFWVDYHFXQFKLIIRQLPELEpG¶DOFRRO

 3LOHFRPSOqWHPHQWFKDUJpH±UHFKDUJHLQXWLOH

$SSHOV

3DVGHWRQDOLWp

 'pIDXWG¶DOLPHQWDWLRQ±YpULILH]OHVEUDQFKHPHQWV5pLQLWLDOLVH]OHWpOpSKRQH'pEUDQFKH]OD

SULVHGHFRXUDQWSXLVUHEUDQFKH]OD

 /HVSLOHVVRQWGpFKDUJpHV±FKDUJH]OHVSLOHVSHQGDQWDXPRLQVKHXUHV

 9RXVrWHVWURSORLQGHODEDVH±UDSSURFKH]YRXVGHFHOOHFL

 0DXYDLVFkEOHWpOpSKRQLTXH±XWLOLVH]OHFkEOHWpOpSKRQLTXHIRXUQL

6RQPpGLRFUH

/DEDVHHVWWURSSUqVG¶DXWUHVDSSDUHLOVpOHFWULTXHVGHPXUVHQEpWRQDUPpRXGHFKDPEUDQOHV

PpWDOOLTXHV±pORLJQH]ODEDVHG¶DXPRLQVXQPqWUHGHWRXWDSSDUHLOpOHFWULTXH

/HV\PEROH

FOLJQRWH

 /HFRPELQpQ¶HVWSDVVRXVFULWjODEDVH±VRXVFULYH]OHFRPELQpjODEDVH

 9RXVrWHVWURSORLQGHODEDVH±UDSSURFKH]YRXVGHFHOOHFL

3DVGHVRQQHULH

 /DVRQQHULHHVWGpVDFWLYpH

 $XJPHQWH]OHYROXPH

/HVHUYLFHGHSUpVHQWDWLRQGXQXPpUR&/,QHIRQFWLRQQH

SDV

9pULILH]YRWUHDERQQHPHQWDXSUqVGHYRWUHRSpUDWHXU

5pSHUWRLUH

8QHHQWUpHGXUpSHUWRLUHQHSHXWSDVrWUHHQUHJLVWUpH

/HUpSHUWRLUHHVWSOHLQ6XSSULPH]XQHHQWUpHSRXUOLEpUHUGHODSODFH

eFUDQ

3DVG¶DIILFKDJH

 (VVD\H]GHUHFKDUJHURXGHUHPSODFHUOHVSLOHV

 (VVD\H]GHGpEUDQFKHUSXLVGHUHEUDQFKHUO¶DOLPHQWDWLRQpOHFWULTXHGHODEDVH

6RXVFULSWLRQ

,PSRVVLEOHGHVRXVFULUHXQFRPELQpVXSSOpPHQWDLUH

 9RXVDYH]GpMjVRXVFULWFRPELQpV

 /¶pFUDQDIILFKH

&+(5&+(

'pVRXVFULYH]XQFRPELQpDILQGHSRXYRLUHQVRXVFULUHXQQRXYHDX

,QWHUIpUHQFHV

,QWHUIpUHQFHVVXUYRWUHSRVWHGHUDGLRRXGHWpOpYLVLRQ

9RWUHEDVHRXYRWUHFKDUJHXUVRQWSHXWrWUHWURSSUqVeORLJQH]OHVDXWDQWTXHSRVVLEOH

5pSRQGHXU

/HUpSRQGHXUQHQUHJLVWUHSDVOHVPHVVDJHV

 $FWLYH]OHUpSRQGHXU

 /DPpPRLUHHVWSHXWrWUHSOHLQH'DQVFHFDVVXSSULPH]TXHOTXHVPHVVDJHV

 /HPRGHGHUpSRQVHHVWSHXWrWUH

5(36,03/(



&KDQJH]OHPRGHSRXU

5(3(15(*



3DVG¶DFFqVjGLVWDQFHDX[PHVVDJHV

 /¶DFFqVjGLVWDQFHHVWSHXWrWUHGpVDFWLYp

 6LYRXVHQWUH]XQPDXYDLV3,1YRXVHQWHQGH]XQELS9RXVSRXYH]HQWUHUGHQRXYHDXOH3,1

,PSRVVLEOHGHQUHJLVWUHUXQPHVVDJHGDFFXHLO

 /DPpPRLUHHVWSHXWrWUHSOHLQH'DQVFHFDVVXSSULPH]TXHOTXHVPHVVDJHV

/HUpSRQGHXUVDUUrWHDXWRPDWLTXHPHQW

 /DPpPRLUHHVWSHXWrWUHSOHLQH'DQVFHFDVVXSSULPH]TXHOTXHVPHVVDJHV

 /DGXUpHPD[LPXPG¶XQPHVVDJHHVWGHPLQXWHV

,QIRUPDWLRQJpQpUDOHV 

,QIRUPDWLRQJpQpUDOHV

,03257$17

&HWDSSDUHLOQ¶HVWSDVFRQoXSRXUHIIHFWXHUGHVDSSHOVG¶XUJHQFHHQFDVGHFRXSXUHGHFRXUDQW

9RXVGHYH]GRQFSUpYRLUXQHDOWHUQDWLYHSRXUDSSHOHUOHVVHUYLFHVG¶XUJHQFH

&HWDSSDUHLOHVWGHVWLQpjrWUHXWLOLVpVXUGHVUpVHDX[WpOpSKRQLTXHVDQDORJLTXHVSXEOLFVHWGHV

VWDQGDUGVSULYpVHQ)UDQFH

,PSRUWDQWHVLQVWUXFWLRQVGHVpFXULWp

/RUVTXHYRXVXWLOLVH]YRWUHWpOpSKRQHREVHUYH]FHVVLPSOHVSUpFDXWLRQVGHVpFXULWpDILQGH

SUpYHQLUWRXWULVTXHG¶LQFHQGLHG¶pOHFWURFXWLRQGHEOHVVXUHRXGHGpJkWVPDWpULHOV



1HEORTXH]SDVOHVIHQWHVG¶DpUDWLRQVHWOHVRXYHUWXUHVGXWpOpSKRQH1HSODFH]SDVOH

WpOpSKRQHVXUXQHSODTXHFKDXIIDQWHRXVXUXQUDGLDWHXU$VVXUH]YRXVTXHO¶HQGURLWRHVW

SODFpYRWUHDSSDUHLOHVWELHQYHQWLOp



1¶XWLOLVH]SDVO¶DSSDUHLOORUVTXHYRXVrWHVPRXLOOpRXGDQVO¶HDX



1¶XWLOLVH]SDVO¶DSSDUHLOjSUR[LPLWpG¶XQHVRXUFHG¶HDXSDUH[HPSOHSUqVG¶XQHEDLJQRLUH

G¶XQpYLHURXG¶XQHSLVFLQH



1HSODFH]DXFXQREMHWVXUOHFRUGRQpOHFWULTXH3ODFH]OHFRUGRQpOHFWULTXHGHPDQLqUHjQH

SDVPDUFKHUGHVVXV



1¶LQVpUH]MDPDLVGREMHWVGDQVOHVIHQWHVG¶DpUDWLRQVGHO¶DSSDUHLODXULVTXHGHSURYRTXHUXQ

LQFHQGLHRXXQHpOHFWURFXWLRQ



'pEUDQFKH]O¶DSSDUHLOGHODVRXUFHGHFRXUDQWpOHFWULTXHDYDQWGHOHQHWWR\HU1¶XWLOLVH]SDV

GHSURGXLWVQHWWR\DQWVOLTXLGHVRXHQDpURVROV1HWWR\H]O¶DSSDUHLOjO¶DLGHG¶XQOLQJHKXPLGH



1HGpPRQWH]MDPDLVO¶DSSDUHLO6LYRWUHDSSDUHLOQpFHVVLWHXQHQWUHWLHQRXXQHUpSDUDWLRQ

YHXLOOH]DSSHOHUOHVHUYLFHDSUqVYHQWHGRQWOHQXPpURVHWURXYHGDQVFHPRGHG¶HPSORL



1HVXUFKDUJH]SDVOHVSULVHVpOHFWULTXHVPXUDOHVHWOHVSURORQJDWHXUV



eYLWH]G¶XWLOLVHUO¶DSSDUHLOSHQGDQWXQRUDJH8WLOLVH]XQSURWHFWHXUGHVXUWHQVLRQSRXU

SURWpJHUO¶DSSDUHLO



1¶XWLOLVH]SDVFHWpOpSKRQHSRXUVLJQDOHUXQHIXLWHGHJD]VXUWRXWVLYRXVYRXVWURXYH]j

SUR[LPLWpGHODFRQGXLWHGHJD]

$77(17,21

8WLOLVH]XQLTXHPHQWO¶DGDSWDWHXUVHFWHXUIRXUQLSRXUSUpYHQLUOHVULVTXHVG¶LQFHQGLH

'pEUDQFKH]LPPpGLDWHPHQWOHWpOpSKRQHVDQVILOGHODSULVHGHFRXUDQW

 6LOHFkEOHpOHFWULTXHHVWHQGRPPDJpRXFRXSp

 6LGXOLTXLGHDpWpUHQYHUVpVXUO¶DSSDUHLO

 6LO¶DSSDUHLODpWpH[SRVpjODSOXLHRXjO¶HDX1HUpFXSpUH]SDVOHFRPELQpRXODEDVHDYDQW

G¶DYRLUGpEUDQFKpOHFkEOHG¶DOLPHQWDWLRQHWOHFRUGRQWpOpSKRQLTXHGHOHXUVSULVHV

UHVSHFWLYHV5pFXSpUH]DORUVO¶DSSDUHLOSDUOHVFkEOHVGpEUDQFKpV

 6LO¶DSSDUHLOHVWWRPEpRXVLOHERvWLHUHVWHQGRPPDJp

 6LOHIRQFWLRQQHPHQWGHO¶DSSDUHLOFKDQJHQRWDEOHPHQW

,QVWUXFWLRQVG¶LQVWDOODWLRQ



/LVH]HWFRPSUHQH]WRXWHVOHVLQVWUXFWLRQVHWFRQVHUYH]OHVSRXUUpIpUHQFHIXWXUH



2EVHUYH]WRXVOHVDYHUWLVVHPHQWVHWWRXWHVOHVLQVWUXFWLRQVLQGLTXpVVXUO¶DSSDUHLO



1¶LQVWDOOH]SDVO¶DSSDUHLOSUqVG¶XQHEDLJQRLUHG¶XQpYLHURXG¶XQHGRXFKH



8WLOLVH]FHWpOpSKRQHXQLTXHPHQWDYHFODVRXUFHGHFRXUDQWLQGLTXpHVXUO¶pWLTXHWWH6LYRXV

Q¶rWHVSDVVUGXW\SHGHFRXUDQWpOHFWULTXHGHYRWUHGRPLFLOHUHQVHLJQH]YRXVDXSUqVYRWUH

IRXUQLVVHXURXGHODFRPSDJQLHG¶pOHFWULFLWpORFDOH



1HSRVH]SDVFHWDSSDUHLOVXUXQFKDULRWXQVXSSRUWRXXQHWDEOHLQVWDEOHV/¶DSSDUHLO

SRXUUDLWWRPEHUHWrWUHVpULHXVHPHQWHQGRPPDJp



5pJOH]XQLTXHPHQWOHVFRPPDQGHVGpFULWHVGDQVOHPRGHG¶HPSORL8QPDXYDLVUpJODJHGHV

DXWUHVFRPPDQGHVSRXUUDLWHQGRPPDJHUO¶DSSDUHLOHWQpFHVVLWHUG¶LPSRUWDQWHVUpSDUDWLRQV

SRXUUHPHWWUHO¶DSSDUHLOHQpWDWGHIRQFWLRQQHU



1HWWR\H]FHWDSSDUHLODYHFXQOLQJHGRX[HWKXPLGH1¶XWLOLVH]DXFXQSURGXLWFKLPLTXHRX

SURGXLWGHQHWWR\DJHSRXUQHWWR\HUFHWpOpSKRQH



8WLOLVH]XQLTXHPHQWOHFkEOHpOHFWULTXHIRXUQLDYHFO¶DSSDUHLO/¶XWLOLVDWLRQG¶DXWUHVFkEOHV

SRXUUDLWHQGRPPDJHUO¶DSSDUHLO



&HWpOpSKRQHQpFHVVLWDQWXQHDOLPHQWDWLRQVHFWHXUSRXUIRQFWLRQQHUYRXVGHYULH]DYRLUFKH]

YRXVDXPRLQVXQWpOpSKRQHSRXYDQWIRQFWLRQQHUVDQVpOHFWULFLWpHQFDVGHFRXSXUHGH

FRXUDQW



3RXUpYLWHUGHSURYRTXHUGHVLQWHUIpUHQFHVVXUG¶DXWUHVDSSDUHLOVQHSODFH]SDVODEDVHGX

WpOpSKRQHSUqVG¶XQWpOpYLVHXUG¶XQIRXUjPLFURRQGHVRXG¶XQPDJQpWRVFRSH

,QVWUXFWLRQVGHVpFXULWpSRXUOHVSLOHV

 1HEUOH]SDVQHGpPRQWH]SDVQHGpFRXSH]SDVHWQHSHUFH]SDVODSLOH&HOOHFLFRQWLHQW

GHVSURGXLWVWR[LTXHVTXLSRXUUDLHQWIXLUHWSURYRTXHUGHVEOHVVXUHV

$77(17,21

 /¶XWLOLVDWLRQG¶XQHSLOHGHW\SHLQFRUUHFWSHXWHQWUDQHUGHVULVTXHVG¶H[SORVLRQ8WLOLVH]

XQLTXHPHQWOHEORFGHSLOHVIRXUQLDYHFYRWUHWOSKRQHRXXQHSLOHGHUHFKDQJHDXWRULVH

UHFRPPDQGHSDUOHIDEULFDQW

 7HQH]OHEORFGHSLOHVKRUVGHSRUWpHGHVHQIDQWV

 5HWLUH]OHEORFGHSLOHVVLYRXVQ¶XWLOLVH]SDVO¶DSSDUHLOSHQGDQWSOXVG¶XQPRLV

 1HMHWH]SDVOHEORFGHSLOHVDXIHXFDULOSRXUUDLWH[SORVHU

 /HVEORFVGHSLOHVUHFKDUJHDEOHVTXLDOLPHQWHQWFHWDSSDUHLOGRLYHQWrWUHpOLPLQpV

FRUUHFWHPHQWHWLOHVWSHXWrWUHH[LJpGHOHVUHF\FOHU&HFLHVWLQGLTXpVXUO¶pWLTXHWWH$GUHVVH]

YRXVjYRWUHFHQWUHORFDOGHUHF\FODJHSRXUFRQQDvWUHOHVPpWKRGHVG¶pOLPLQDWLRQDSSURSULpHV

&216(59(=&(6,16758&7,216

1HWWR\DJH

 1HWWR\H]OHFRPELQpHWODEDVHRXOHFKDUJHXUDYHFXQFKLIIRQKXPLGHRXXQOLQJH

DQWLVWDWLTXH

 1¶XWLOLVH]MDPDLVGHSURGXLWVGHQHWWR\DJHGRPHVWLTXHVFHFLSRXUUDLWDEvPHUO¶DSSDUHLO

1¶XWLOLVH]MDPDLVXQFKLIIRQVHFFHFLSRXUUDLWSURYRTXHUXQHGpFKDUJHG¶pOHFWULFLWpVWDWLTXH

(QYLURQQHPHQW

 1¶H[SRVH]MDPDLVOHSURGXLWGLUHFWHPHQWDXVROHLO

 /HFRPELQpSHXWFKDXIIHUSHQGDQWODFKDUJHGHVSLOHVRXDSUqVXQHORQJXHXWLOLVDWLRQ&HFLHVW

QRUPDO1pDQPRLQVQRXVYRXVUHFRPPDQGRQVGHQHSDVSRVHUO¶DSSDUHLOVXUXQPHXEOH

DQFLHQRXYHUQLV

 ,QIRUPDWLRQJpQpUDOHV

 1HSRVH]SDVYRWUHDSSDUHLOVXUXQWDSLVRXDXWUHPDWpULDXSRXYDQWUHOkFKHUGHVILEUHVHW

DVVXUH]YRXVTXHO¶DLUFLUFXOHOLEUHPHQWVXUWRXWHVVHVIDFHV

 1¶LPPHUJH]SDVYRWUHSURGXLWHWQHO¶XWLOLVH]SDVGDQVGHVHQGURLWVKXPLGHVWHOVTXHVDOOHVGH

EDLQV

 1¶H[SRVH]SDVYRWUHSURGXLWDXIHXDX[VXEVWDQFHVH[SORVLYHVRXjWRXWDXWUHHQYLURQQHPHQW

GDQJHUHX[

 9RWUHWpOpSKRQHSHXWpYHQWXHOOHPHQWrWUHHQGRPPDJpSDUODIRXGUH1RXVYRXV

UHFRPPDQGRQVGHGpEUDQFKHUO¶DOLPHQWDWLRQpOHFWULTXHHWOHFRUGRQWpOpSKRQLTXHSHQGDQWXQ

RUDJH

,QVWUXFWLRQVUHODWLYHVjO¶pOLPLQDWLRQGHVSURGXLWVXVDJpV

 'LUHFWLYHHXURSpHQQHFRQFHUQDQWOHV'pFKHWVGeTXLSHPHQWVeOHFWULTXHVHW

eOHFWURQLTXHV'(((

&RQIRUPpPHQWjOD'LUHFWLYH'(((OHV\PEROHG¶XQHSRXEHOOHURXODQWHEDUUpHG¶XQHFURL[

VLJQLILHTXHOHVFRQVRPPDWHXUVHWXWLOLVDWHXUVGHVSD\VGHO¶8QLRQ(XURSpHQQH8(QH

GRLYHQWSDVMHWHUOHVDSSDUHLOVRXDFFHVVRLUHVpOHFWURQLTXHVRXpOHFWULTXHVXVDJpVGDQVOHV

RUGXUHVPpQDJqUHV/HVFRQVRPPDWHXUVHWXWLOLVDWHXUVGHVSD\VGHO¶8QLRQ(XURSpHQQH

GRLYHQWVHUHQVHLJQHUDXSUqVGXUHSUpVHQWDQWRXGXVHUYLFHDSUqVYHQWHORFDOGHOHXU

IRXUQLVVHXUHQFHTXLFRQFHUQHOHV\VWqPHGHFROOHFWHGHVGpFKHWVGHOHXUSD\V

 /DGLUHFWLYH&(FRQFHUQDQWOHV'pFKHWVGeTXLSHPHQWVeOHFWULTXHVHWeOHFWURQLTXHV

'(((DpWpPLVHHQSODFHDILQGDVVXUHUTXHOHVSURGXLWVVRLHQWUHF\FOpVHQXWLOLVDQWOHV

PHLOOHXUHVWHFKQLTXHVGLVSRQLEOHVGHWUDLWHPHQWGHYDORULVDWLRQHWGHUHF\FODJHHWDLQVL

FRQFRXULUjODSURWHFWLRQGHOHQYLURQQHPHQWHWGHODVDQWpKXPDLQHHWjODUpGXFWLRQGHV

GpFKDUJHV

,QVWUXFWLRQVUHODWLYHVjO¶pOLPLQDWLRQGHVSURGXLWVXVDJpVSRXUOHV

XVDJHUVGRPHVWLTXHV

/RUVTXHYRXVQ¶DYH]SOXVEHVRLQGHYRWUHSURGXLWHQOHYH]OHVSLOHVHWpOLPLQH]OHVDLQVLTXHOH

SURGXLWOXLPrPHFRQIRUPpPHQWjODUqJOHPHQWDWLRQORFDOH3RXUSOXVG¶LQIRUPDWLRQVFRQWDFWH]

OHVDXWRULWpVORFDOHVRXYRWUHGpWDLOODQW

,QVWUXFWLRQVUHODWLYHVjO¶pOLPLQDWLRQGHVSURGXLWVXVDJpVSRXUOHV

XVDJHUVQRQGRPHVWLTXHV

/HVFRPPHUFHVHWLQGXVWULHVGRLYHQWFRQWDFWHUOHXUVIRXUQLVVHXUVHWYpULILHUOHVWHUPHVHW

FRQGLWLRQVGHOHXUFRQWUDWGDFKDWDILQGHVDVVXUHUTXHFHSURGXLWQHVWSDVPpODQJpjGDXWUHV

GpFKHWVLQGXVWULHOV

*DUDQWLHSRXUOHVSURGXLWVJUDQGSXEOLFHWOHVDFFHVVRLUHV

0HUFLG¶DYRLUDFKHWpFHSURGXLWGHPDUTXH0RWRURODIDEULTXpVRXVOLFHQFHSDU6XQFRUS

7HFKQRORJLHV/LPLWHG&KLQD5HVRXUFHV%XLOGLQJ+DUERXU5RDG:DQ&KDL+RQJ

.RQJ6XQFRUS

4XHFRXYUHFHWWHJDUDQWLH"

6RXVUpVHUYHGHVH[FOXVLRQVLQGLTXpHVFLGHVVRXVODVRFLpWp681&2537(&+12/2*,(6/7'

JDUDQWLWTXHFHSURGXLW³SURGXLW´GHPDUTXH0RWRURODRXFHWDFFHVVRLUHFHUWLILp³DFFHVVRLUH´

YHQGXSRXUrWUHXWLOLVpDYHFFHSURGXLWIDEULTXpVSDU6XQFRUSHVWH[HPSWGHGpIDXWVGH

PDWpULDX[HWGHIDEULFDWLRQVRXVUpVHUYHG¶XQHXWLOLVDWLRQQRUPDOHSHQGDQWODSpULRGHLQGLTXpHFL

GHVVRXV/DSUpVHQWHJDUDQWLHOLPLWpHHVWYRWUHXQLTXHJDUDQWLHHWQ¶HVWSDVWUDQVIpUDEOH

4XLEpQpILFLHGHFHWWHJDUDQWLH"

6HXOO¶DFKHWHXULQLWLDOGX3URGXLWSHXWEpQpILFLHUGHFHWWHJDUDQWLHTXLQ¶HVWSDVWUDQVIpUDEOH

4XHIHUD681&2537(&+12/2*,(6/7'"

681&2537(&+12/2*,(6/7'RXVRQGLVWULEXWHXUDJUpHUpSDUHUDRXUHPSODFHUD

JUDWXLWHPHQWWRXWSURGXLWRXDFFHVVRLUHTXLQHVHUDLWSDVFRQIRUPHjODSUpVHQWHJDUDQWLHOLPLWpH

jVDGLVFUpWLRQHWSHQGDQWXQHSpULRGHFRPPHUFLDOHPHQWUDLVRQQDEOH1RXVSRXUURQVXWLOLVHUGHV

SURGXLWVRXDFFHVVRLUHVUHPLVjQHXIG¶RFFDVLRQRXQHXIVGRQWOHVIRQFWLRQQDOLWpVVRQW

pTXLYDOHQWHV

4XHOOHVVRQWOHVDXWUHVOLPLWHV"

7287(*$5$17,(,03/,&,7(<&2035,66$16/,0,7$7,21/(6*$5$17,(6

,03/,&,7(6'(48$/,7e0$5&+$1'((7'$'$37$7,21¬8186$*(3$57,&8/,(5

6(5$/,0,7e(¬/$'85e('(/$35e6(17(*$5$17,(6,121/$5e3$5$7,2128/(

5(03/$&(0(17&289(5763$5&(77(*$5$17,(/,0,7e((;3/,&,7(

&2167,78(5217/(5(&2856(;&/86,)'8&216200$7(85(76(5217)2851,6

(1/,(8(73/$&('(7287(6/(6$875(6*$5$17,(6(;3/,&,7(628,03/,&,7(6

(1$8&81&$6027252/$28681&2537(&+12/2*,(6/7'1(32855217Ç75(

7(1865(63216$%/(662,73$5&2175$72835e-8',&(<&2035,6

1e*/,*(1&('('200$*(628&203(16$7,216(;&e'$17/(35,;'¶$&+$7'8

352'8,728$&&(662,5(1,'('e*Æ76'¶$8&81(6257(,1',5(&76)2578,76

3$57,&8/,(5628,00$7e5,(/61,'(3(57('(5(9(186'(%e1e),&(6

'¶$&7,9,7e6'('211e(628'(7287($875(3(57(),1$1&,Ê5(5e68/7$1728

(15$33257$9(&/$37,78'(28/¶,1$37,78'(¬87,/,6(5/(6352'8,7628

$&&(662,5(6'$16/$0(685(2Ô'(7(//(65e&/$0$7,21632855$,(17Ç75(

'e&/,1e(63$5/$/2,

&HUWDLQHVMXULGLFWLRQVQDXWRULVDQWSDVOH[FOXVLRQRXODOLPLWDWLRQGHVGRPPDJHVIRUWXLWVRX

FRQVpFXWLIVRXODOLPLWDWLRQGHODGXUpHGXQHJDUDQWLHLPSOLFLWHOHVOLPLWDWLRQVRXH[FOXVLRQV

VXVPHQWLRQQpHVSHXYHQWQHSDVYRXVFRQFHUQHU/DSUpVHQWHJDUDQWLHYRXVDFFRUGHGHVGURLWV

OpJDX[VSpFLILTXHVHWYRXVSRXYH]DXVVLDYRLUG¶DXWUHVGURLWVGLIIpUHQWVG¶XQHMXULGLFWLRQjXQH

DXWUH

([FOXVLRQV

8VXUHQRUPDOH/HQWUHWLHQSpULRGLTXHODUpSDUDWLRQHWOHUHPSODFHPHQWGHVSLqFHVHQUDLVRQGH

OXVXUHQRUPDOHVRQWH[FOXVGHODSUpVHQWHJDUDQWLH

%DWWHULHV6HXOHVOHVEDWWHULHVGRQWODSOHLQHFDSDFLWpHVWLQIpULHXUHjGHOHXUFDSDFLWp

QRPLQDOHHWOHVSLOHVTXLIXLHQWVRQWFRXYHUWHVSDUFHWWHJDUDQWLHOLPLWpH

3URGXLWVJDUDQWLV 'XUpHGHJDUDQWLH

3URGXLWVJUDQGSXEOLF 'HX[DQVjFRPSWHUGHODGDWHG¶DFKDWGX

SURGXLWSDUO¶DFKHWHXULQLWLDO

$FFHVVRLUHVEDWWHULHVDGDSWDWHXUV

VHFWHXUHWFkEOHV

4XDWUHYLQJWGL[MRXUVjFRPSWHUGHODGDWH

G¶DFKDWGHVDFFHVVRLUHVSDUO¶DFKHWHXULQLWLDO

3URGXLWVRXDFFHVVRLUHVUpSDUpVRX

UHPSODFpV

/DGXUpHODSOXVORQJXHHQWUHODSpULRGHUHVWDQWH

GHODJDUDQWLHRULJLQDOHHWTXDWUHYLQJWGL[

MRXUVjFRPSWHUGHODGDWHGHUHWRXUGXSURGXLWDX

FRQVRPPDWHXU

,QIRUPDWLRQJpQpUDOHV 

(PSORLDEXVLIHWPDXYDLVHXWLOLVDWLRQ7RXWGpIDXWRXGpJkWUpVXOWDQWDO¶XWLOLVDWLRQODPLVH

HQ°XYUHHWOHVWRFNDJHLQDSSURSULpVODPDXYDLVHXWLOLVDWLRQRXO¶HPSORLDEXVLIOHVDFFLGHQWVRX

ODQpJOLJHQFHWHOVTXHGpJkWVPDWpULHOVILVVXUHVUD\XUHVHWFjODVXUIDFHGXSURGXLWUpVXOWDQW

G¶XQHPDXYDLVHPDQLSXODWLRQEG¶XQFRQWDFWDYHFGHVOLTXLGHVGHO¶HDXODSOXLHXQHKXPLGLWp

pOHYpHXQHIRUWHWUDQVSLUDWLRQOHVDEOHRXDXWUHVVDOHWpVXQHWHPSpUDWXUHH[FHVVLYHRXOD

QRXUULWXUHFGHODVRXPLVVLRQGHVSURGXLWVRXDFFHVVRLUHVjXQHXWLOLVDWLRQRXjGHVFRQGLWLRQV

DQRUPDOHVRXGG¶DXWUHVDFWHVRXRPLVVLRQVQHSRXYDQWrWUHLPSXWpVQLj0RWRURODQLj

681&2537(&+12/2*,(6/7'QHVRQWSDVFRXYHUWVSDUODSUpVHQWHJDUDQWLH

8WLOLVDWLRQGH3URGXLWVRXG¶$FFHVVRLUHVG¶DXWUHVPDUTXHVTXH0RWRUROD/HVGpIDXWVRX

GpJkWVUpVXOWDQWGHO¶XWLOLVDWLRQGH3URGXLWV$FFHVVRLUHVRXSpULSKpULTXHVG¶DXWUHVPDUTXHVTXH

0RWRURODRXQRQDSSURXYpVSDU0RWRURODQHVRQWSDVFRXYHUWVSDUFHWWHJDUDQWLH

(QWUHWLHQRXPRGLILFDWLRQVQRQDXWRULVpV/HVGpIDXWVRXGpJkWVUpVXOWDQWGHUpSDUDWLRQV

HVVDLVUpJODJHVLQVWDOODWLRQHQWUHWLHQWUDQVIRUPDWLRQRXPRGLILFDWLRQHIIHFWXpVSDUGHVWLHUV

DXWUHVTXH0RWRUROD681&2537(&+12/2*,(6/7'RXOHXUVFHQWUHVGHVHUYLFHDSUqVYHQWH

DJUppVQHVRQWSDVFRXYHUWVSDUFHWWHJDUDQWLH

3URGXLWVGpWpULRUpV/HV3URGXLWVRX$FFHVVRLUHVGRQWDOHVpWLTXHWWHVSRUWDQWOHQXPpURGH

VpULHRXODGDWHRQWpWpUHWLUpHVPRGLILpHVRXHIIDFpHVEOHVEDQGHVGHJDUDQWLHWRWDOHPHQWRX

SDUWLHOOHPHQWURPSXHVFOHVQXPpURVGHVpULHQRQFRUUHVSRQGDQWVHWGOHVERvWLHUVRXSLqFHV

QRQFRQIRUPHVRXGHPDUTXHVDXWUHVTXH0RWRURODQHVRQWSDVFRXYHUWVSDUFHWWHJDUDQWLH

6HUYLFHVGHFRPPXQLFDWLRQV/HVGpIDXWVGpJkWVRXSDQQHVGHV3URGXLWVRX$FFHVVRLUHV

SURYRTXpVSDUWRXWVHUYLFHRXVLJQDODXTXHOYRXVrWHVDERQQpHRXTXHYRXVXWLOLVH]DYHFOHV

3URGXLWVRX$FFHVVRLUHVQHVRQWSDVFRXYHUWVSDUFHWWHJDUDQWLH

&RPPHQWH[HUFHUODJDUDQWLHRXREWHQLUG¶DXWUHVUHQVHLJQHPHQWV"

3RXUWRXWHDVVLVWDQFHYHXLOOH]DSSHOHUOH

9RXVUHFHYUH]GHVLQVWUXFWLRQVSRXUO¶H[SpGLWLRQjYRVIUDLVGHVSURGXLWVRXDFFHVVRLUHVjXQ

GpSRVLWDLUHGH681&2537(&+12/2*,(6/7',OHVWGHODUHVSRQVDELOLWpGHODFKHWHXUGH

FRQWDFWHUOHVHUYLFHDSUqVYHQWHRXOHGLVWULEXWHXUDJUppOHSOXVSURFKHHWGHIDLUHSDUYHQLUjVHV

SURSUHVULVTXHVOHSURGXLWFRQFHUQpDXGLWVHUYLFHDSUqVYHQWHDJUpp

6HUYLFHDSUqVYHQWHDJUpp

3RXUIDLUHUpSDUHUYRWUHSURGXLWYRXVGHYUH]IRXUQLUDOHSURGXLWRXO¶DFFHVVRLUHEODIDFWXUH

RULJLQDOHSRUWDQWODGDWHHWOHOLHXGHO¶DFKDWHWOHQRPGXIRXUQLVVHXUFVLXQHFDUWHGHJDUDQWLH

VHWURXYDLWGDQVO¶HPEDOODJHFHWWHFDUWHGHJDUDQWLHUHPSOLHSRUWDQWOHQXPpURGHVpULHGXSURGXLW

GXQHGHVFULSWLRQpFULWHGXSUREOqPHHWOHSOXVLPSRUWDQWHYRWUHDGUHVVHHWYRWUHQXPpURGH

WpOpSKRQH

,QIRUPDWLRQVWHFKQLTXHV

&RPELHQGHWpOpSKRQHVSXLVMHDYRLU"

7RXVOHVpTXLSHPHQWVWpOpSKRQLTXHVGLVSRVHQWG¶XQ/RDGLQJIDFWRUTXLVHUWjFDOFXOHUOHQRPEUH

G¶pTXLSHPHQWVSRXYDQWrWUHFRQQHFWpVjXQHVHXOHOLJQHWpOpSKRQLTXH/H/RDGLQJIDFWRUGHYRWUH

'HVWOH/RDGLQJIDFWRUPD[LPXPDXWRULVpHVW6LOHHVWGpSDVVpLOVHSHXW

TXHOHVWpOpSKRQHVQHVRQQHQWSDV0rPHVLOH/RDGLQJIDFWRUHVWLQIpULHXUjODVRQQHULHGH

GLIIpUHQWVW\SHVGHWpOpSKRQHVQ¶HVWSDVDVVXUpH

7RXWFRPELQpHWFKDUJHXUVXSSOpPHQWDLUHTXHYRXVVRXVFULYH]GRLWDYRLUXQ/RDGLQJIDFWRUGH

577(

&HSURGXLWHVWFRQoXSRXUrWUHFRQQHFWpDXUpVHDXWpOpSKRQLTXHSXEOLFHWDX[VWDQGDUGV

FRPSDWLEOHVHQ)UDQFH

&HWDSSDUHLOHVWFRQIRUPHDX[H[LJHQFHVHVVHQWLHOOHVVXUOHVpTXLSHPHQWVGHUDGLRHWOHV

pTXLSHPHQWVGHWHUPLQDX[GHWpOpFRPPXQLFDWLRQGHODGLUHFWLYH&(\FRPSULVOD

FRQIRUPLWpDX[QRUPHV,&1,53VXUO¶H[SRVLWLRQjO¶pQHUJLHpOHFWURPDJQpWLTXH

&RQQH[LRQjXQVWDQGDUG

&HSURGXLWHVWFRQoXSRXUrWUHFRQQHFWpDXUpVHDXWpOpSKRQLTXHSXEOLFHWDX[VWDQGDUGV

FRPSDWLEOHVHQOHEHQHOX[

,QVpUHUXQHSDXVH

$YHFFHUWDLQVVWDQGDUGVDSUqVDYRLUHQWUpOHFRGHG¶DFFqVYRXVGHYH]SHXWrWUHDWWHQGUHTXHOH

VWDQGDUGREWLHQQHXQHOLJQHH[WpULHXUHHWYRXVGHYH]GHFHIDLWLQVpUHUXQHSDXVHGDQVOD

VpTXHQFHGHQXPpURWDWLRQ

0DLQWHQH]DSSX\pHODWRXFKH

SRXULQVpUHUXQHSDXVH3DYDQWGHVDLVLUOHQXPpURGH

WpOpSKRQH

9RXVGHYUH]SHXWrWUHDXVVLLQVpUHUXQHSDXVHHQVWRFNDQWGHVQXPpURVLQWHUQDWLRQDX[RXGHV

QXPpURVGHFDUWHVGHSDLHPHQW

5DSSHO

9RXVGHYUH]SHXWrWUHXWLOLVHUODIRQFWLRQGHUDSSHOVLYRXVrWHVFRQQHFWpjXQVWDQGDUG3$%;

3ULYDWH$XWRPDWLF%UDQFK([FKDQJHSRXUSOXVG¶LQIRUPDWLRQVUHQVHLJQH]YRXVDXSUqVGX

IRXUQLVVHXUGHYRWUH3$%;

 )L[DWLRQPXUDOH

)L[DWLRQPXUDOH

,03257$17

$YDQWGHIL[HUOH'DXPXUYpULILH]TXHYRXVQHSHUFH]SDVGDQVGHVFkEOHVRXWX\DX[

GLVVLPXOpVGDQVOHPXU

$YDQWGHSHUoHUDVVXUH]YRXVTXHOHFkEOHGDOLPHQWDWLRQHWOHFRUGRQWpOpSKRQLTXHVRQW

VXIILVDPPHQWORQJVSRXUDWWHLQGUHOHVSULVHV



8WLOLVH]OHVVFKpPDVVXLYDQWVSRXUPDUTXHUOHVHPSODFHPHQWVGHSHUoDJH

 3RXUIL[HUODEDVHDXPXUSHUFH]GDQVOHPXUGHX[WURXVHVSDFpVGHFPjODLGHGXQH

PqFKHGHPP

 3RXUIL[HUOHFKDUJHXUDXPXUSHUFH]GDQVOHPXUGHX[WURXVHVSDFpVGHFPjODLGHGXQH

PqFKHGHPP



,QVpUH]VLQpFHVVDLUHOHVFKHYLOOHVSXLVOHVYLVHQOHVODLVVDQWVRUWLUGHQYLURQPPGXPXU

VXUOHTXHOOHWpOpSKRQHVHUDIL[p



5HWLUH]ODEDVHOHFKDUJHXUGXVXSSRUWHWSRVLWLRQQH]OHVWURXVjODUULqUHGHODEDVHVXUOHV

WrWHVGHVYLVHWDEDLVVH]SUpFDXWLRQQHXVHPHQWODEDVHOHFKDUJHXUSRXUVDVVXUHUTXHOD

EDVHOHFKDUJHXUHVWHQSODFH

 )L[DWLRQPXUDOH

Declaration of Conformity (DoC)

Suncorp

declares that the following products:

Brandname: Motorola

Type: D1001, D1002, D1003, D1004, D1011, D1012, D1013 and D1014

Descriptions: DECT phone without telephone answering machine (D100x) and

with telephone answering machine (D101x),

and their multi-handset versions.

to which this declaration related is in conformity with the essential requirements of the following

directives of the Council of the European Communities:

- R&TTE Directive (1999/5/EC)

- Ecodesign Directive (2005/32/EC)

The products are compliant with the following standards:

Safety: EN60950-1:2006

EMC: EN301489-1 v1.6.1 and EN301489-6 v1.2.1

RF Spectrum: EN301406 v1.5.1

Ecodesign: EC No 278/2009, 6 April 2009

For and on behalf of Suncorp Global Limited,

Signature: ______________________

Printed name & Position: CW Cheung - Chief Technical Officer

Date: 3

May 2010

Place: 3001-3005 China Resources Building, 26 Harbour Road,

Wan Chai, Hong Kong



)DEULTXpGLVWULEXpRXYHQGXSDU6XQFRUS

7HFKQRORJLHV/WGGpSRVLWDLUHRIILFLHOGHFHSURGXLW

027252/$OHORJR0VW\OLVpOHVDXWUHVPDUTXHV

GpSRVpHVHWPDUTXHVGHIDEULTXH0RWRURODVRQWOD

SURSULpWpGH0RWRUROD,QFHWVRQWXWLOLVpVVRXV

OLFHQFHGH0RWRUROD,QF027252/$HWOHORJR0

VW\OLVpVRQWHQUHJLVWUpVDXSUqVGXEXUHDXDPpULFDLQ

GHVEUHYHWVHWGHVPDUTXHVGpSRVpHV7RXVOHV

DXWUHVQRPVGHSURGXLWVRXGHVHUYLFHV

DSSDUWLHQQHQWjOHXUVSURSULpWDLUHVUHVSHFWLIV

0RWRUROD,QF 7RXVGURLWVUpVHUYpV

9HUVLRQ)5

Report abuse

Libble takes abuse of its services very seriously. We're committed to dealing with such abuse according to the laws in your country of residence. When you submit a report, we'll investigate it and take the appropriate action. We'll get back to you only if we require additional details or have more information to share.

Product:

Forumrules

To achieve meaningful questions, we apply the following rules:

First, read the manual;
Check if your question has been asked previously;
Try to ask your question as clearly as possible;
Did you already try to solve the problem? Please mention this;
Is your problem solved by a visitor then let him/her know in this forum;
To give a response to a question or answer, do not use this form but click on the button 'reply to this question';
Your question will be posted here and emailed to our subscribers. Therefore, avoid filling in personal details.

new questions and answers
new manuals

You will receive an email to register for one or both of the options.

Get your user manual by e-mail

Enter your email address to receive the manual of Motorola D1011 in the language / languages: French as an attachment in your email.

The manual is 0,3 mb in size.

You will receive the manual in your email within minutes. If you have not received an email, then probably have entered the wrong email address or your mailbox is too full. In addition, it may be that your ISP may have a maximum size for emails to receive.

Others manual(s) of Motorola D1011

Motorola D1011 User Manual - English - 54 pages

Motorola D1011 User Manual - German - 66 pages

Motorola D1011 User Manual - Dutch - 30 pages

The manual is sent by email. Check your email

If you have not received an email with the manual within fifteen minutes, it may be that you have a entered a wrong email address or that your ISP has set a maximum size to receive email that is smaller than the size of the manual.

The email address you have provided is not correct.

Please check the email address and correct it.

Your question is posted on this page

Would you like to receive an email when new answers and questions are posted? Please enter your email address.

Info

Motorola D1011 Manual

Product: