7KHUPRVWDWEHQXW]HQ
+LQZHLV,KUHOHNWULVFKHU(LQEDXNDPLQLVWPLWHLQHP7KHUPRVWDWDXVJHVWDWWHW'DPLWN|QQHQ6LHHLQH
YRUHLQJHVWHOOWH5DXPWHPSHUDWXUGXUFKDXWRPDWLVFKHV(LQXQG$XVVFKDOWHQNRQVWDQWKDOWHQ
'UHKHQ6LHGHQ7KHUPRVWDWUHJOHUVRODQJHLQ'UHKULFKWXQJE]ZELV6LHHLQ.OLFNJHUlXVFK
K|UHQ
+LQZHLV'DV.OLFNJHUlXVFKVLJQDOLVLHUWGLHDNWXHOOH5DXPWHPSHUDWXU
6WHOOHQ6LHGHQ6FKDOWHUIUGLHHUVWH+HL]VWXIHDXIGLH3RVLWLRQ,ZHQQ6LHHLQHJHULQJH
:lUPH]XIXKUZQVFKHQ6WHOOHQ6LHGLH6FKDOWHUIUGLHHUVWHXQG]ZHLWH+HL]VWXIHDXIGLH
3RVLWLRQHQ,XQG,,ZHQQ6LHHLQHKRKH:lUPH]XIXKUZQVFKHQ
'UHKHQ6LHMHW]WGHQ7KHUPRVWDWUHJOHULQ'UHKULFKWXQJELV]XUJHZQVFKWHQ5DXPWHPSHUDWXU
'LH+HL]IXQNWLRQVWDUWHWMHW]WDXWRPDWLVFK
9256,&+79(5%5(1181*6*()$+5%HDFKWHQ6LHGDVVGLH2EHUÀlFKHQGLH:lUPH
DEVWUDKOHQ7HPSHUDWXUHQYRQEHU&HUUHLFKHQN|QQHQ6WHOOHQ6LHVLFKHUGDVVGDV*HUlW
DXVJHVFKDOWHWXQGDEJHNKOWLVWEHYRU6LHGLHVHVEHUKUHQ
9256,&+76WHOOHQ6LHVLFKHUGDVVGDV*HUlWQLFKWGXUFK+DQGWFKHU9RUKlQJHRGHUlKQOLFKH
*HJHQVWlQGHDEJHGHFNWZLUG$QGHUQIDOOVEHVWHKWhEHUKLW]XQJVJHIDKU6RUJHQ6LHGHVKDOELPPHU
GDIUGDVVGLH/IWXQJVVFKOLW]HIUHLJHKDOWHQZHUGHQ
6REDOGGLHHLQJHVWHOOWH5DXPWHPSHUDWXUHUUHLFKWLVWVFKDOWHWVLFKGLH+HL]IXQNWLRQ,KUHVHOHNWULVFKHQ
(LQEDXNDPLQVDXWRPDWLVFKDE
6REDOGGLHHLQJHVWHOOWH5DXPWHPSHUDWXUXQWHUVFKULWWHQZLUGVFKDOWHWVLFKGLH+HL]IXQNWLRQ,KUHV
HOHNWULVFKHQ(LQEDXNDPLQVDXWRPDWLVFKHLQ
6FKDOWHQ6LHGHQHOHNWULVFKHQ(LQEDXNDPLQDXVZHQQ6LHLKQQLFKWPHKUEHQ|WLJHQ
VLHKHÄ+HL]IXQNWLRQHLQDXVVFKDOWHQ³
:DUWXQJXQG5HLQLJXQJ
:$5181*/(%(16*()$+5'85&+(/(.75,6&+(16&+/$*=LHKHQ6LHYRU
5HLQLJXQJVRGHU:DUWXQJVDUEHLWHQGHQ1HW]VWHFNHUDXVGHU6WHFNGRVHXQGODVVHQ6LHGDV*HUlW
YROOVWlQGLJDENKOHQ
9256,&+79(5%5(1181*6*()$+5/DVVHQ6LHGDV*HUlWYRUVlPWOLFKHQ$UEHLWHQXQEHGLQJW
YROOVWlQGLJDENKOHQ
9256,&+7/DVVHQ6LH5HSDUDWXUHQQXUYRQHLQHU(OHNWURIDFKNUDIWGXUFKIKUHQ
*HKlXVHUHLQLJHQ
9HUZHQGHQ6LHNHLQHVIDOOVDJJUHVVLYHRGHUlW]HQGH5HLQLJHU$QGHUQIDOOVNDQQHV]X
%HVFKlGLJXQJHQGHV3URGXNWVNRPPHQ
5HLQLJHQ6LHGDV*HKlXVHPLWHLQHPOHLFKWDQJHIHXFKWHWHQ7XFK
5HLQLJHQ6LHUHJHOPlLJXQGJUQGOLFKGLH/IWXQJVVFKOLW]H]%PLWHLQHP6WDXEVDXJHUGDPLW
VLFKNHLQ6WDXEDQVDPPHOW
5HLQLJHQ6LHGLH*ODVSODWWHPLWHLQHPIHXFKWHQ7XFKXQGJJIPLWHLQHP*ODVUHLQLJHU