'9,
$XGLR
'9,
'9,(LQJDQJDP79*HUlW
x
)DOOV,KU79*HUlWHLQHQ'9,(LQJDQJPLW+'&38QWHUVWW]XQJDXIZHLVWN|QQHQ6LHHLQ+'0,'9,
$GDSWHUNDEHO YHUZHQGHQ XP ,KUHQ 3OD\HU DQ ,KU 79*HUlW DQ]XVFKOLHHQ 'LHVH 9HUELQGXQJVDUW
OLHIHUW HLQ SHUIHNWHV 9LGHRVLJQDO RKQH LUJHQGZHOFKH 4XDOLWlWVHLQEXHQ 'HU +'0,9LGHR$XVJDQJ
DP2332OLHIHUWGLHEHVWH4XDOLWlWXQGDXFK$XIO|VXQJGHV9LGHRVLJQDOV:LUHPSIHKOHQ,KQHQGHQ
+'0,$XVJDQJGDGLHVHUDQGHQVSH]LHOOHQ9LGHRSUR]HVVRUGHV*HUlWHVDQJHVFKORVVHQLVW
x
%LWWHQXW]HQ6LHGLH5RW:HLPDUNLHUWHQ$XGLR.DEHOQLFKWLP/LHIHUXPIDQJXPGHQUHFKWHQXQG
OLQNHQ )URQWDXVJDQJ GHV 3OD\HUV )URQW /HIW XQG )URQW 5LJKW PLW ,KUHP 79*HUlW ]X YHUELQGHQ
$FKWHQ 6LH GDUDXI GDVV GLH $XGLR.DEHO DQ GLH GHP '9,9LGHR(LQJDQJ GHV 79*HUlWHV
]XJHRUGQHWHQ$XGLR(LQJlQJHQDQJHVFKORVVHQVLQG1RUPDOHUZHLVHVLQGGLH$XGLR(LQJlQJHHWZD
DOV ³'9, $XGLR´ RGHU ³3& $XGLR´ JHNHQQ]HLFKQHW )U HLQLJH 79*HUlWH EHQ|WLJHQ 6LH IU GHQ
$XGLR$QVFKOXVVDXI796HLWHHYHQWXHOOHLQHQPP0LQLNOLQNHQVWHFNHU
x
6LH N|QQHQ GHQ ',$* 'LDJQRVH$XVJDQJ DP 3OD\HU QXW]HQ XP JHJHEHQHQIDOOV
)HKOHU ]XDQDO\VLHUHQXQG]XEHKHEHQ9JO6HLWH
+LQZHLV
+'&3 LVW GLH $ENU]XQJ IU +LJK%DQGZLGWK 'LJLWDO &RQWHQW 3URWHFWLRQ 'HU +'0,$XVJDQJ GHV
2332%OX5D\3OD\HUVQXW]W+'&3XPVRZRKOGDV$XGLRDOVDXFKGDV9LGHR6LJQDO]XNRGLHUHQ
'HU (LQJDQJ GHV 79*HUlWHV PXVV GHQ +'&36WDQGDUG XQWHUVWW]HQ XP GDV 6LJQDO
RUGQXQJVJHPlGHNRGLHUHQ]XN|QQHQ
*
+'0,YRP+'0,RGHU'9,.DEHO
5FNVHLWH
$XGLR.DEHO