Das Mittelmeer-Inferno

+DQV.QHLIHO 'DV0LWWHOPHHU,QIHUQR Ä'HU 6WLHU UDVWH EUOOHQG DXI GHQ 7KURQ GHV 0LQRRV ]X 'DQQ...

Author: Kneifel Hans

156 downloads 470 Views 378KB Size Report

This content was uploaded by our users and we assume good faith they have the permission to share this book. If you own the copyright to this book and it is wrongfully on our website, we offer a simple DMCA procedure to remove your content from our site. Start by pressing the button below!

Report copyright / DMCA form

DOWNLOAD PDF

+DQV.QHLIHO

'DV0LWWHOPHHU,QIHUQR

Ä'HU 6WLHU UDVWH EUOOHQG DXI GHQ 7KURQ GHV 0LQRRV ]X 'DQQ HLQLJH +DQGEUHLW YRU GHU VWHLQHUQHQ=\NORSHQPDXHUVFKZHQNWHGDV7LHUKHUXPXQGVFKOHXGHUWHPLWGLHVHU%HZHJXQJ VHLQH5HLWHULQJHJHQGLH0DXHU (V JDE HLQ GXPSIHV .UDFKHQ DOV GHU .RSI GHV 0lGFKHQV JHJHQ HLQH VFKDUIH %UXFKNDQWH VFKOXJ :lKUHQG $WODQ LP -DKUH DXI *lD GHP 6LW] GHV 1HXHQ (LQVWHLQVFKHQ ,PSHULXPV PLW GHP 7RGH ULQJW VSULFKW VHLQ ([WUDKLP (V JLEW QHXH ELVODQJ GXUFK GDV *HLVWZHVHQ (6 EORFNLHUWH (ULQQHUXQJHQ DXV VHLQHP ODQJHQ /HEHQ SUHLV 'HU :lFKWHU GHU 0HQVFKKHLWEHULFKWHWYRQGHQ7DJHQGDGHU:HOWXQWHUJDQJGURKW '$6 0,77(/0((5,1)(512 LVW HLQH QHXH $WODQ(SLVRGH DXV GHU WHUUDQLVFKHQ )UK]HLW $QGHUH$EHQWHXHUGHV$UNRQLGHQHUVFKLHQHQDOV%lQGH XQGLQGHU 5HLKHGHU3(55<5+2'$17DVFKHQEFKHU OLFKWVLFNHUWGXUFKGLHOLGHUGHUJHVFKORVVHQHQlXJHQGLHOXIWGLHLFKTXDOYROOXQGU|FKHOQGLQ GLHOXQJHQVDXJHLVWIHXFKWLKUJHUXFKUXIW]DKOORVHHULQQHUXQJHQKHUYRUPHLQN|USHUEHZHJW VLFKQHLQHUZLUGEHZHJWLFKEHILQGHPLFKDXIHWZDVGDVVLFKKHEWXQGVHQNWXQGKDUWHVWRH HPSIlQJWJHUlXVFKHGULQJHQDQPHLQHRKUHQPHLQYHUVWDQGYHUVXFKWVLHULFKWLJHLQ]XRUGQHQ XQG]XYHUDUEHLWHQXQUK\WKPLVFKHVNQDUUHQJOHLFKPlLJHVSOlWVFKHUQNODWVFKHQXQGGXPSIH VFKODJH JHJHQ HLQHQ UHVRQDQ]N|USHU NQDWWHUQ XQG HLQ KRKOHV IDXFKHQGHV VDXVHQ ZLQG" ZDVVHU" VHHZDVVHU LFK ELQ DXI HLQHP ERRW LFK |IIQH GLH lXJHQ XQG HUNHQQH MHQVHLWV HLQHV QRFK XQVFKDUIHQ UDQGHV DXV KRO] XQG VHLOHQ GDV YHUZLUUHQGH IDUEHQVSLHO HLQHV 6RQQHQDXIJDQJV RGHU LVW HV GHU 6RQQHQXQWHUJDQJ" PHLQ YHUVWDQG IlQJW XQWHU GHU IOXW GHU HLQGUFNH ]X DUEHLWHQ DQ VFKUHLH GLH VLFK ZLH DXIJHUHJWH NRPPDQGRV DXVQHKPHQ ZHFNHQ PLFKY|OOLJDXIMHGHVODXWHJHUlXVFKWULIIWPHLQHQHUYHQZLHHLQHZHLJOKHQGHGROFKVSLW]H LFK ELQ DXIJHZDFKW RGHU ZLHGHU DXIJHZHFNW ZRUGHQ ZR ELQ LFK ZLUNOLFK" ZLHGHU DXI GHU 2EHUIOlFKH YRQ ODUVDI GUHL GHP EDUEDUHQSODQHWHQ LFK DKQWH GXPSI LQ LUJHQGHLQHP DXIJHUHJWHQSDQLVFKUHDJLHUHQGHQZLQNHOPHLQHV9HUVWDQGHVXQGPHLQHUHULQQHUXQJHQGD LFKPLFKPLWWHQLP=HQWUXPHLQHVDXVEUHFKHQGHQFKDRVEHIDQG 'HUHUVWHIDVWEHZXWH%OLFN]HLJWHPLULQHUVFKUHFNHQGHU'HXWOLFKNHLWGDV3DQRUDPDXQGDOOH (LQ]HOKHLWHQ,FKEHJULIIODQJVDPDEHULPPHUKLQZDULFKEHUHLWVIlKLJ]XEHJUHLIHQ1HEHQ PLU DXI GHQ IHXFKWHQ XQG VDO]YHUNUXVWHWHQ 3ODQNHQ HLQHV 6FKLIIVKHFNV ODJ QRFK LPPHU VFKODIHQGHLQH]XVDPPHQJHNUPPWH*HVWDOW(LQ0DQQGHULQHLQHQZHLHQ0DQWHOJHKOOW ZDU$QHLQLJHQ6WHOOHQZLHVGHU0DQWHOGXQNOH6FKPXW]IOHFNHQDXI'HU0DQQKDWWHVFKDUIH VHKQLJH *HVLFKWV]JH XQG ZDU PLU EHNDQQW (LQH 6WLPPH LQ PHLQHP 9HUVWDQG ZLVSHUWH EHUDXVGHXWOLFK 'HLQ)UHXQG3WDK6RNDUGHQVLHÄGHQbJ\SWHUQHQQHQ 0LW HLQHP WURFNHQHQ NUDFKHQGHQ 7RQ ERKUWH VLFK ]ZHL +DQGEUHLW QHEHQ PHLQHP .RSI HLQ 3IHLO LQ GDV +RO] 'LH 6SLW]H GUDQJ GUHL )LQJHUEUHLW WLHI HLQ $QGHUH 7HLOH GHV FKDRWLVFKHQ 0RVDLNV GLH LFK QLFKW QXU VDK VRQGHUQ DXFK EHJULII ]HLJWHQ PLU GD VLFK 3WDK XQG LFK LQ /HEHQVJHIDKUEHIDQGHQ

:LOG JHVSUHQNHOW YRP 0RUJHQOLFKW XQG GHQ SHFKVFKZDU]HQ 6FKDWWHQ UDJWHQ YRU XQG QHEHQ GHP VHJHOQGHQ 6FKLII GLH )HOVHQ HLQHU .VWH DXI 'DV *HVWHLQ ZDU ZLOG ]HUNOIWHW XQG ]HUULVVHQ :HOOHQNlPPH VFKOXJHQ JLVFKWHQG JHJHQ GLH DXVJHZDVFKHQHQ 6WHLQH XQG ]HUVWlXEWHQPLWJUHOOHP=LVFKHQ =ZLVFKHQ GHQ VHOWVDP DXVJHK|KOWHQ 6WHLQEURFNHQ WDXFKWH HLQ DQGHUHV 6FKLII DXI 6HLQ JUDXZHLHV 6HJHO VFKORWWHUWH XP GHQ 0DVW 0LQGHVWHQV GUHLLJ 5LHPHQ KREHQ XQG VHQNWHQ VLFKZlKUHQGVLHGDVVFKODQNH6FKLIIDXIXQV]XZXFKWHWHQ $XI GHP 'HFN KLQWHU HLQHP ZLOG JULQVHQGHQ 3IHUGHVFKlGHO PLW JUQVSDQLJHQ 0HWDOOEHVFKOlJHQ VWDQGHQ 0lQQHU LQ OHGHUQHQ .DPSI UVWXQJHQ 6LH KLHOWHQ ODQJH JHVFKZHLIWH %|JHQ LQ GHQ +lQGHQ :LHGHU KHXOWHQ GUHL 3IHLOH YRP JHJQHULVFKHQ 6FKLII KHUEHUXQGKlP PHUWHQ PLW ZLGHUOLFKHQ *HUlXVFKHQ LQ GDV +RO] GHU 5($ 8QVHU 6FKLII OHJWH VFKZHU QDFK 6WHXHUERUGEHUGLH(QGHQGHU]LWWHUQGHQ5DKEHUKUWHQIDVWGLH.lPPHGHU:RJHQ =HUUHVGHU%HVLW]HUGHV6FKLIIHVEUOOWHKHLVHUDXI Ä=HLJWLKQHQZDVZLUN|QQHQ=DKOWLKQHQGLH+HLPWFNH]XUFN.XU]YRUGHP(QGHXQVHUHU )DKUWODVVHQZLUXQVQLFKWEHUIDOOHQ :LOGHV *HVFKUHL ]XVWLPPHQG XQG IXUFKWVDP ]XJOHLFK DQWZRUWHWH LKP (LQLJH 0lQQHU GLH LFK QXU VFKHPHQKDIW ZDKUQDKP OHJWHQ ODQJH 3IHLOH DXI GLH 6HKQHQ JHNXUYWHU %|JHQ XQG IHXHUWHQ GLH *HVFKRVVH KLQEHU ]X GHP DQGHUHQ 6FKLII (V QlKHUWH VLFK XQV DXI HLQHP .ROOLVLRQVNXUVLQZHQLJHQ$XJHQEOLFNHQZUGHQVLFKXQVHUH:HJHVFKQHLGHQ$EHUGLH5($ JOLWWLQJHIlKUOLFKHU6FKUlJODJH]ZLVFKHQGHQJLVFKWXPVFKlXPWHQ)HOVEURFNHQYRP6WHLOXIHU ZHJXQGDXIGLHRIIHQH6HH]XGLUHNWKLQHLQLQGHQURVDIDUEHQHQ%DOOGHUDXIJHKHQGHQ6RQQH ,FK NDP LUJHQGZLH DXI GLH )H NUDOOWH PLFK DQ HLQHP 6HLO IHVW XQG YHUVXFKWH .ODUKHLW LQ PHLQH*HGDQNHQ]XEULQJHQ Ä$WODQ NUlFK]WH HLQH 6WLPPH QHEHQ PLU ,FK ZXWH GD 3WDK6RNDU GHQVHOEHQ 7HUURU GHV (UZDFKHQVGXUFKPDFKWHZLHLFK(LQZHLWHUHU%OLFN]HLJWHPLUHUVWHQVGDHLQLJHÄXQVHUHU 0lQQHU LKUH 3IHLOH PLW GHU *HVFKLFNOLFKNHLW ODQJMlKULJHU hEXQJ DXI VFKZDQNHQGHQ 3ODQNHQ ]XPDQGHUHQ6FKLIIKLQEHUVFKLFNWHQGHUVHOEH%OLFNOLHPLFKZHLWHUKLQHUNHQQHQGDQHEHQ XQVXQVHUH:DIIHQKLQJHQXQGODJHQ :LH LQ HLQHP 1HEHO SDFNWH LFK GHQ %RJHQ OHJWH HLQHQ 3IHLO DXI XQG VFKR 0HLQH %HZHJXQJHQZDUHQYRQVFKODIZDQGOHULVFKHU6HOEVWVLFKHUKHLW,FKKDQGHOWHRKQH]XGHQNHQ 0LWYLHU6FKVVHQIHJWHLFK]ZHL0lQQHUYRP9HUGHFNGHV$QJUHLIHUV :RZDUHQZLU" :DUXPZDUHQ3WDKXQGLFKDXIGHU5($" :HU JULII XQV DQ" $XV ZHOFKHP *UXQG" :HOFKHU 2]HDQ GLHVHV IUFKWHUOLFKHQ 3ODQHWHQ ZDU GHU6FKDXSODW]GLHVHV.DPSIHV" 0LWGHU3Ul]LVLRQGLHYRP6HOEVWHUKDOWXQJVWULHEGLNWLHUWVHLQPRFKWHMDJWHQXQVHUH0lQQHU HLQHQ3IHLOQDFKGHPDQGHUHQKLQEHU]XP6FKLIIPLWGHP3IHUGHNRSI(LQ5XGHUHUVWDUEDQ GHQ6FKDIWGHV5LHPHQVPLWHLQHP3IHLOJHQDJHOW(LQDEODQGLJHU:LQGGHUKHXOHQGEHUGLH )HOVZDQG KHUDEVWU]WH SDFNWH XQVHU 6HJHO EOlKWH HV NUDFKHQG DXI XQG UL GLH 5($ VFKUlJ YRQGHU.VWHZHJ(LQDQGHUHU5XGHUHUJULIIVLFKPLWEHLGHQ+lQGHQLQGHQ1DFNHQVSUDQJ DXIXQGZXUGHYRQHLQHU%HZHJXQJGHV6FKLIIHVZLHHLQH*OLHGHUSXSSHLQV:DVVHUXQGKDOE JHJHQHLQHQ)HOVHQJHVFKOHXGHUW'LH0lQQHULP%XJGHV*HJQHUVODJHQWRWRGHUYHUZXQGHW DXI'HFN6FKRQMHW]WZDUXQVFKZHU]XHUNHQQHQGDGHU*HJQHUXQVQLFKWUDPPHQZUGH GDV DQGHUH 6FKLII VWHXHUWH DXI HLQH 6WHOOH KLQWHU XQVHUHP +HFNUXGHU ]X (LQ ZHLWHUHU 0DQQ WDXFKWH DXI XQG OLH HLQH 6FKOHXGHU EHU VHLQHP +HOP NUHLVHQ 6LH ZDU PLW HLQHP NOHLQHQ EUHQQHQGHQ%DOOHQJHODGHQ,FK]LHOWHIHGHUWHGLHQlFKVWHQ6W|HGHU5($PLWGHQ.QLHQDE XQGOLHGLH6HKQHORV0HLQ3IHLOWUDIGHQ.ULHJHULQGLH.HKOH(UNLSSWHQDFKKLQWHQGHU UDXFKHQGH XQG IODPPHQVSUKHQGH *OXWEDOO UROOWH KSIHQG EHU 'HFN XQG YHUVFKZDQG 6FKUHLH ZDUHQ ]X K|UHQ XQG GDV 6FKLII OLHI DXV GHP .XUV 'LH K|O]HUQHQ 5LHPHQ PLW 0HWDOOElQGHUQ]XVDPPHQJHKDOWHQVFKOXJHQNODSSHUQGJHJHQHLQDQGHU:LHGHUOHJWHVLFKGLH

5($VFKZHUEHUXQGNDPYRQGHU.VWHIUHL(LQH:RJHUDXVFKWHYRQKLQWHQKHUDQKREGDV +HFNXQGOLHGLH1XVFKDOHDXVGHP%HUHLFKGHUJHIlKUOLFKHQ.VWHJOHLWHQ =HUUHVVSUDQJDXVGHP+HFNDXIPLFK]XJULQVWHEUHLWXQGVFKULHEHJHLVWHUW Ä:LUVLQGLKQHQHQWNRPPHQ'LHVH:HJHODJHUHU0DQZDUQWHPLFKYRUGHU)DOOHGHU,QVHOQ Ä1XUGHLQHQWVFKORVVHQHV+DQGHOQKDWXQVYRUJURHP8QKHLOEHZDKUWVDJWHLFKYDJHXQG OHJWH GHQ %RJHQ ZHJ ,FK NDXHUWH PLFK QHEHQ 3WDK6RNDU DXI GLH VFKPLHULJHQ 'HFNVEUHWWHU XQGKDOIPHLQHP)UHXQG (LQ6FKLIIDOOHQ$Q]HLFKHQQDFKHLQ+DQGHOVVFKLIIGHU3KRLQLNHUEUDFKWHXQV]XHLQHPQRFK XQEHNDQQWHQ=LHO,FKHQWVDQQPLFKXQGHXWOLFKPLWGHP6FKLIIVKHUUHQ=HUUHVHLQHQ9HUWUDJ JHVFKORVVHQ]XKDEHQGHUGXUFKHLQH+DQGYROO*ROGSOlWWFKHQEHVLHJHOWZRUGHQZDU:lKUHQG GLH:HOOHQGHQXQEHNDQQWHQ*HJQHUKREHQKLQXQGKHUZDUIHQXQGDXIGLH)HOVHQ]XGULIWHQ OLHHQVWHOOWHQVLFKZHLWHUH(ULQQHUXQJHQHLQ 3WDK6RNDUXQGLFK8QVHUHZHUWYROOH$XVUVWXQJ8QGXQVHUHPHLQ([WUDKLUQULHILQIDVW GURKHQGHP7RQIDOO (XUH $XIJDEH (ULQQHUH GLFK DQ (6 XQG VHLQHQ $XIWUDJ ,P $XJHQEOLFN VHLG LKU GLH ZLFKWLJVWHQ0lQQHUHQWODQJDOOHU.VWHQGHV0HHUHV ,QPHLQHP.RSIEHUVFKOXJHQVLFKGLHIDUELJHQ%LOGHUXQJHRUGQHWHU,PSUHVVLRQHQ =XQlFKVW ZDUWHWH LFK DE ELV 3WDK YROONRPPHQ ]X VLFK JHNRPPHQ ZDU 0LW HLQLJHQ :RUWHQ NOlUWH LFK LKQ GDUEHU DXI GD ZLU VRHEHQ HLQHP hEHUIDOO YRQ .VWHQSLUDWHQ HQWNRPPHQ ZDUHQ 'LH 6HHIDKUW GLHVHU -DKUH VFKLHQ VLFK ZHLWHVWJHKHQG DQ GHQ .VWHQ XQG ]ZLVFKHQ ,QVHOQ DE]XVSLHOHQ 3WDK K|UWH VLFK PHLQH (UNOlUXQJHQ VFKZHLJHQG DQ QDKP HLQHQ 6FKOXFN :HLQDXVGHPSUDOOHQ6FKODXFKXQGVDJWHVFKOLHOLFK Ä'XZHLWZDUXPZLUXQWHUZHJVVLQG"-HOlQJHULFKZDFKZDUGHVWRSUl]LVHUZXUGHQPHLQH (ULQQHUXQJHQ,FKHUZLGHUWHYRUVLFKWLJ Ä:LUKDEHQHLQH$XIJDEH]XHUIOOHQ6LHLVWVRYLHOZHLLFKXQHQGOLFKVFKZLHULJ:LUVROOHQ GLH %DUEDUHQ YRU HLQHU HQWVHW]OLFKHQ *HIDKU ZDUQHQ XQG GLHV HQWODQJ DOOHU EHZRKQWHQ .VWHQ Ä5LFKWLJ8QGGDV=LHOMHQVHLWVGHU,QVHOQLVWXQVHUHHUVWH6WDWLRQ $XFK 3WDK VWDQG DXI VWHOOWH VLFK LQ GHQ NKOHQ 6HHZLQG XQG KROWH VFKZHLJHQG /XIW (U EHWUDFKWHWHPLWPLUGLH,QVHOGLHKLQWHUGHU5($LPPHUNOHLQHUZXUGHHUVFKDXWHGLH6HHDQ EOLQ]HOWHLP/LFKWGHVKHUUOLFKHQ6RQQHQDXIJDQJVXQGVDKZHLWYRUDXVKLQWHUHLQHU.HWWHYRQ EHZDOGHWHQ,QVHOQGHQGXQNOHQ6WUHLIHQGHV)HVWODQGV5RVHQIDUELJH:RONHQ]RJHQEHUGHP +LPPHO /DQJH 6WUHLIHQ YRQ :DVVHUGDPSI ELOGHWHQ VLFK EHU GHQ :HOOHQ XQG YHUJLQJHQ ODQJVDP JOlVHUQ XQG IDUEHQWUXQNHQ EHOHXFKWHW YRQ GHU URWHQ .XJHO GHV DXIVWHLJHQGHQ *HVWLUQV 'LH 9|JHO KRFK EHU XQV ZDUHQ VFKZDU]H 'RSSHOVLFKHOQ 'HU %XJ GHU 5($ KRE VLFK XQG VHW]WH JLVFKWHQG LQ GLH :HOOHQ HLQ 'LH 0lQQHU XP =HUUHV EHWUDFKWHWHQ XQV PLW %OLFNHQYRQVFKZHLJHQGHU(KUIXUFKW :DVKDWWHQVLHYRQXQVHUIDKUHQ:HOFKH5ROOHVSLHOWHQZLU" =HUUHV GHU lOWHVWH 0DQQ DQ %RUG PLW EODXHQ $XJHQ XQG HLQHP VWUXSSLJHQ EUDXQHQ %DUW QLFNWH PLU ]X XQG GHXWHWH DXI 3WDK6RNDU:lKUHQG HU ]XP 6SUHFKHQ DQVHW]WH EHWUDFKWHWHQ VHLQH $XJHQ XQDEOlVVLJ GLH 2EHUIOlFKH GHV 0HHUHV XQG GDV 7DXZHUN ]ZLVFKHQ XQV XQG GHU 5HOLQJ Ä,KU VHLG QRFK YHUZLUUW XQG QLFKW DXVJHVFKODIHQ 7URW]GHP IDQGHQ GHLQH 3IHLOH LKU =LHO :HLKDDULJHU:LUZDUHQ]XQDKHDQGHU,QVHOGHP3LUDWHQYHUVWHFN1RFKHLQH1DFKWDXIGHP :DVVHUXQGLKUVHLGLQ.QRVVRV Ä8QVHUH5HLVHLVWZLFKWLJDQWZRUWHWH3WDKDQPHLQHU6WHOOHÄ'XNHQQVWMHGHQ+DIHQLQGHU bJlLV=HUUHV" Ä)DVW MHGHQ HQWJHJQHWH GHU .DSLWlQ Ä'LH 5($ XQG YRU LKU DQGHUH 6FKLIIH VLQG ]ZLVFKHQ $LJ\SWRVGHQ6lXOHQGHV0HONDUWXQG7URMDJHVHJHOW,QDOOHQ+lIHQ WUDQNHQ PHLQH 0lQQHU :HLQ :DUXP PW LKU QDFK .QRVVRV" :DUXP LVW GLH 5HLVH VR ZLFKWLJ"

,FK VFKOR GLH $XJHQ XQG YHUVXFKWH HLQLJH (LQGUFNH XQG (ULQQHUXQJHQ KHUEHL]X]LWLHUHQ :DV PLU HLQILHO JHQJWH QLFKW PLFK VHOEVW ]X EHU]HXJHQ ,PPHUKLQ NRQQWH LFK ZDKUKHLWVJHPlDQWZRUWHQ Ä(LQ VFKDXULJHV 2UDNHO WUHLEW XQV :LU VROOHQ 0HQVFKHQ ZDUQHQ GLH DQ GHQ .VWHQ GLHVHV 0HHUHV OHEHQ =HUVW|UXQJ XQG 8PEUXFK ZHUGHQ EHU XQVHUHQ .|SIHQ ]XVDPPHQVFKODJHQ 8QVHUH :HOW ZLUG JlQ]OLFK YHUlQGHUW ZHUGHQ 'DV 2UDNHO VDJWH GD VLFK GLH 6RQQH ODQJH 7DJHYHUGXQNHOQZLUG0HKUZHLLFKQLFKW 'DV 'XW]HQG 0lQQHU YRQ GHQHQ MHGH $UEHLW DQ %RUG YHUULFKWHW ZXUGH ZDUIHQ XQV LPPHU ZLHGHUKDOEPLWUDXLVFKHKDOEDEVFKlW]HQGH%OLFNH]X0UULVFKPHLQWH=HUUHV Ä'XVSULFKVWLQ5lWVHOQ6RKDVWGXDXFKJHVSURFKHQDOVGXDQ%RUGGHU5($NDPVW Ä'DV2UDNHOVSUDFKUlWVHOYROOVRZLHHVEHL2UDNHOQ]XVHLQSIOHJW 8QEHZHJWHQ*HVLFKWVHUNOlUWH3WDKKDOEODXW Ä:LUZLVVHQDEHUGDDPZHQLJVWHQMHQHQ6FKLIIHQJHVFKHKHQZLUGGLHDXI6HHVLQG =HUUHV XQG ZLU VWDUUWHQ XQV YHUOHJHQ DQ .QRVVRV DXI .HIWLX KDWWH GLH JU|WH $Q]DKO YRQ 6FKLIIHQXQGZXUGHDOOJHPHLQDOV7KDODVVRNUDWLHEH]HLFKQHWDOV+HUUVFKHULQEHUGDV0HHU $EHUGLH5($JHK|UWHHLQHPXQDEKlQJLJHQ.DSLWlQGHUPLWVHLQHQ0lQQHUQIUHLHQ+DQGHO WULHE XQG QXU GLH 3LUDWHQ ]X IUFKWHQ KDWWH 8QVHU 6FKLII UXQG DFKW 0DQQVOlQJHQ YRP 9RUGHUVWHYHQ ELV ]XP 'RSSHOUXGHU ODJ JXW YRU DFKWHUOLFKHP :LQG XQG VWHXHUWH DXI GLH IHOVLJH 2VWNVWH .HIWLXV ]X 3WDK O|VWH GHQ 6HHPDQQVNQRWHQ PLW GHP HLQ SUDOOHU :HLQVFKODXFKDQGHUgIIQXQJGHU5HOLQJIHVWJHPDFKWZDU-HGHUYRQXQVQDKPHLQHQWLHIHQ 6FKOXFN GHV VFKZHUHQ URWHQ :HLQHV :LU KDWWHQ LKQ JODXEWH LFK PLFK ]X HQWVLQQHQ PLW 4XHOOZDVVHUYHUGQQW 'XPXWZDUWHQELVVLFKGHLQ9HUVWDQGY|OOLJNOlUWYHUVXFKWHGHU/RJLNVHNWRU]XEHUXKLJHQ =HUUHVZDQGWHVLFKDEXQGULHIVHLQHQ0lQQHUQHLQLJH%HIHKOH]X,FKKREGLH6FKXOWHUQXQG EOLHEUDWORVXQGVSUDFKORV:HGHU3WDKQRFKLFKZXWHQPHKUDOVZLUHEHQJHVDJWKDWWHQ:LU VHW]WHQ XQV DXI XQVHUH ]XVDPPHQJHOHJWHQ 0lQWHO LQV ZLQGJHVFKW]WH +HFN GHU 5($ XQG VSUDFKHQOHLVHPLWHLQDQGHU Ä(V LVW VRQGHUEDU EHJDQQ 3WDK Ä:LU VFKOLHIHQ ODQJH WLHI XQWHU GHP 0HHU :LU ZXUGHQ JHZHFNWXQGWURW]GHPHUVFKHLQWHVPLUDOVZlUHQZLUYRUQLFKWDOO]XODQJHU=HLWGUHL)UHXQGH XQG.DPSIJHIlKUWHQJHZHVHQ Ä:DV VROOHQ ZLU KLHU DXI GHU 5($" :R VLQG ZLU HLJHQWOLFK DQ %RUG JHJDQJHQ" IUDJWH LFK ]XUFNÄ7DWVlFKOLFKLQ8JDULW" Ä=HUUHV EHKDXSWHW HV EHLP %OLW] GHV =HXV VDJWH 3WDK EHGlFKWLJ Ä8QG ZLU KDEHQ HLQ XQYROONRPPHQHV:LVVHQEHULUJHQGHLQ2UDNHOLQXQVHUHQ.|SIHQ:HOFKHV2UDNHO":HOFKH *HIDKU"8QGZRKHUZXWHLFKGDGLH6FKLIIHGLHDXI6HHVLQGPLWGHQJHULQJVWHQ6FKlGHQ GDYRQNRPPHQZHUGHQ" Ä.|QQWH LFK GHLQH )UDJHQ EHDQWZRUWHQ ZUGHVW GX VLH QLFKW ]X VWHOOHQ EUDXFKHQ JDE LFK EUXPPLJ]XUFNÄ6LHKVWGXXQVHUH$XVUVWXQJ" =ZLVFKHQGHQ%RUGZlQGHQVSDQQWHQVLFKEUHLWH5XGHUElQNH,QGHU%LOJHGDUXQWHUZDUHQGLH 3DFNHQ %DOOHQ XQG )HOOH JHVWDSHOW 6FKODQNH 7RQNUJH ZDUHQ PLW PHKUIDFKHQ /DJHQ 7DXZHUN DQ GHQ 6SDQWHQ IHVWJHEXQGHQ )OHFKWZHUN DXV :HLGHQ IOOWH WHLOZHLVH GLH =ZLVFKHQUlXPHGHU5XGHUElQNHDXV+HFNXQG%XJEHVWDQGHQDXV%DONHQXQG'HFNVSODQNHQ 9RU GHP 0DVW VWDSHOWHQ VLFK ]ZLVFKHQ GHQ )HQ GHU VLW]HQGHQ %RRWVEHVDW]XQJ XQVHUH *HSlFNVWFNH XQG GLH ZHQLJHQ :DIIHQ :LU ZDUHQ VRZHLW LFK HV EHXUWHLOHQ NRQQWH DQJHPHVVHQJHNOHLGHWVRlKQOLFKMHGHQIDOOVZLHGLHNULHJHULVFKHQ6HHOHXWHGHU5($ Ä,FKVHKHVLH$EHULFKZHLQLFKWZDVVLHHQWKlOWVDJWH3WDKÄ:RVLQGZLU" Ä,P 0HHU *ULHFKHQODQGV 9RU XQV OLHJW .HIWLX PLW VHLQHU JU|WHQ 6WDGW .QRVVRV ,FK ELQ VLFKHUGDZLUEHLGHGLHVHV:DVVHUZLHXQVHUH+DQGIOlFKHNHQQHQVROOWHQ Ä'XELVWVLFKHU"IUDJWHHULQXQYHUKRKOHQHP6SRWW ,FKPXWHODFKHQ,PPHUKLQZLUOHEWHQXQGVFKLHQHQYRQHLQHUWLHIHQ9HUZLUUXQJDEJHVHKHQ DXVJHVFKODIHQ DXVJHUXKW XQG NHLQHVZHJV LQ W|GOLFKHU *HIDKU ]X VHLQ ,FK EHVD NHLQH

(ULQQHUXQJ DQ 5LFR XQG GLH 7DJH LQ GHU 7LHIVHHNXSSHO GLH GLHVHP $XIZDFKHQ RGHU EHVVHU $XIWDXFKHQ YRUDQJHJDQJHQ ZDUHQ $OVR KDWWHQ 3WDK XQG LFK ODQJH JHVFKODIHQ 'LH QlFKVWH )UDJHODXWHWHDOVRORJLVFKHUZHLVHZDQQZDUHQZLU" (6KDWHXFKDEHUPDOVPDQLSXOLHUW Ä+H.\DUHVULHILFKÄ.HQQVWGXGLH6DJHYRPZDQGHUQGHQ2G\VVHXV" 'HU 6WHXHUPDQQ VFKUlJ KLQWHU PLU EOLFNWH PLFK YHUVWlQGQLVORV DQ XQG ULHI JHJHQ GDV .ODWVFKHQGHU:HOOHQ]XUFN Ä:HUVROOGDVVHLQ" ,FKNDQQWHGLH2G\VVHHGHVDQJHEOLFKEOLQGHQ%DUGHQXQG'LFKWHUV+RPHULFKNDQQWHDXFK GLHUHNRQVWUXLHUWHQ%LOGHUXQG0RGHOOHGHU6FKLIIHGLH]XU=HLWGHV2G\VVHXVGDV0LWWHOPHHU EHIXKUHQ $OV VFKODJH HLQH ,GHH RGHU HLQH 9LVLRQ GXUFK ELOGHWH LFK PLU SO|W]OLFK HLQ 2G\VVHXVVHOEVW]XNHQQHQ8QP|JOLFKVDJWHLFKPLUGHQQZHQQHLQ6HHPDQQQLFKWGLH6DJH GHV2G\VVHXVNHQQWPHLQH6LQQHVFKLHQHQVLFK]XYHUZLUUHQ 'XUFKPHLQHQ.RSIJHOOWHHLQEHNDQQWHV*HOlFKWHU (6PHOGHWHVLFK (6 PHLQ )UHXQG PHLQ 7\UDQQ GDV *HLVWZHVHQGHPLFKGLH8QVWHUEOLFKNHLWYHUGDQNWHXQG GHQ=HOOVFKZLQJXQJVDNWLYDWRUMHQHVXQEHJUHLIOLFKH:HVHQGDVDQVFKHLQHQGDOOH0DFKWXQG 0|JOLFKNHLWHQGHV8QLYHU VXPV EHVD XQG PLFK ]XP 3DODGLQ GHU 0HQVFKKHLW GLHVHV EDUEDULVFKHQ 3ODQHWHQ JHPDFKW KDWWH 'XKDVWY|OOLJUHFKW]LVFKWHXQGZLVSHUWHODXWORVGLH6WLPPHYRQ(6LQPHLQHP6FKlGHO(LQ VFKQHOOHU6HLWHQEOLFNEHU]HXJWHPLFKGD3WDK6RNDUJOHLFK]HLWLJPLWPLUGLHVHOEH%RWVFKDIW HPSILQJ/DQJHKDWWH(6XQVQLFKWZDUWHQODVVHQ ,FKKDEHHXFKJHZHFNWXQGDQ%RUGGLHVHVNOHLQHQ6FKLIIHVEULQJHQODVVHQZHLODOOHQ8IHUQ XQG 6WUDQGHQ IDVW MHGHU +DIHQVWDGW XQG QLFKW QXU GLHVHQ VRQGHUQ DXFK KRFKJHOHJHQHQ %HUHLFKHQGHUVLFKHUH8QWHUJDQJGURKW -HGHV:RUWMHGHU*HGDQNHXQGMHGHV*HGDQNHQELOGEUDQQWHQVLFKXQDXVO|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|UHQ XQG %HXWH PDFKHQ 6LH ZHUGHQ HLQPDO +RUGHQGHU9HUQLFKWXQJJHQDQQWRGHU'lPRQHQGHV0RUGHVRGHU*LJDQWHQGHU=HUVW|UXQJ ,QGHU:HOWGHLQHU)UHXQGHGHU6FKLIIHUZLUGPDQVLHYLHOOHLFKW7LWDQHQGHV8QWHULUGLVFKHQ QHQQHQRGHUVRlKQOLFK 3WDKV )LQJHU JUXEHQ VLFK LQ PHLQHQ 8QWHUDUP 'HU bJ\SWHU HUVFKDXHUWH 6HLQH JURHQ GXQNOHQ$XJHQ]RJHQVLFKXQWHUGHP(LQGUXFNGLHVHUIXUFKWEDUHQQHXHQ:DKUKHLW]XVDPPHQ (U DWPHWH VFKZHU XQG PLFK EHILHO HLQH $UW /lKPXQJ 8QEDUPKHU]LJ GU|KQWH GLH 6WLPPH ZHLWHU ,FK KDEH YHUVXFKW HLQ JUlOLFKHV 6FKLFNVDO YRQ /DUVDI 'UHL DE]XZHQGHQ $EHU GDV :HOWHQIUDJPHQW GLHVHU NRVPLVFKH 9DJDEXQG GHU LQ GHU =HLW XQG LQ GHQ 'LPHQVLRQHQ IUHL SHQGHOWHQW]RJVLFKPHLQHP=XJULII (UZLUGDXIGHLQHU:HOW$UNRQLGHODQGHQ ,UJHQGZR ]ZLVFKHQ GHQ XQ]lKOLJHQ ,QVHOQ GHU bJlLV 'HQQ VHLQH +HUUVFKHU KDEHQ RIIHQVLFKWOLFK HUIDKUHQ GD GLH 8IHU GHV %LQQHQPHHUV GLH :LHJH GHU .XOWXU XQG UHLFK DQ 0HQVFKHQVLQG+XQGHUWWDXVHQGH0HQVFKHQVROOHQLQGLH6NODYHUHLYHUVFKOHSSWZHUGHQ ,FKGDFKWHVFKDUI]XUFN 8QGZLUVROOHQGLH0DFKWGHV)UDJPHQWVEUHFKHQ":LUVROOHQGLH7LWDQHQRGHUGLH+RUGHQ GHU1DFKWDXIKDOWHQ"

1HLQ +|UH ]X (LQ .ROR VR JUR ZLH HLQH ,QVHO ZLUG VLFK LUJHQGZR KHUXQWHUVHQNHQ DXIV 0HHU RGHUDXIGDV/DQGRGHUJOHLFK]HLWLJDXIHLQH,QVHOXQGGLH.VWH'LHVZLUGHLQHJLJDQWLVFKH )OXWZHOOH ]XU )ROJH KDEHQ 6FKRQ HLQPDO VSUDFK LFK VR PLW HXFK DEHU LKU ZDUW QRFK QLFKW DXIQDKPHIlKLJ'LHVH)OXWZHOOHXQGJOHLFK]HLWLJVWDWWILQGHQGH%HEHQYHUZVWHQGDV/DQGXQG W|WHQ +XQGHUWWDXVHQGH 'LH hEHUOHEHQGHQ ZHUGHQYHUVFKOHSSW,FK NDQQGHQ.XUV XQJHIlKU EHVWLPPHQXQGGHQ=HLWSXQNWGHU/DQGXQJ ,QJHQDXIQI0RQGHQQDFKGHU5HFKQXQJGHU%DUEDUHQEULFKWGDV8QKHLOEHUVLHKHUHLQ,KU PWVLHZDUQHQ ,Q .QRVVRV ZDUWHQ HLQLJH hEHUUDVFKXQJHQ DXI HXFK 1W]W HXUH $XVUVWXQJ VR JXW ZLH P|JOLFK (XFK ILHO HLQ YRP 2UDNHO ]X VSUHFKHQ JXW VR 'LH %DUEDUHQ JODXEHQ DQ 9RUEHVWLPPXQJXQGDQGDVK|KHUH:LVVHQGDVDQGHUHKDEHQP|JHQ%HUHLVWDOOH.VWHQXQG ZDUQWGLH%HZRKQHU 8QGGDVDOOHVLQIQIPDODFKWXQG]ZDQ]LJ7DJHQ"IUDJWHLFKLQ*HGDQNHQ 0LUEOLHEQLFKWPHKU=HLW9LHOH7DJHJLQJHQYHUORUHQELVLKUKDQGOXQJVIlKLJZDUW (6PDFKWHHLQH3DXVH Ä+DVW GX JHK|UW ZDV (6 XQV VDJWH" IUDJWH LFK KDOE EHUIOVVLJHUZHLVH Ä(V ZDUWHW HLQH $XIJDEHYRQJLJDQWLVFKHU*U|HDXIXQV Ä,FKKDEHHVJHK|UWDEHUQLFKWDOOHVYHUVWDQGHQJDE3WDK]XUFNXQGVWLHHLQHQ6HXI]HUDXV Ä(LQE|VHU*RWWYHUIROJWGLHVH:HOWPLWVHLQHP=RUQ :LHGHUGU|KQWHGDV*HOlFKWHUYRQ(6GXUFKXQVHUH+LUQH 'XKDVWLQ]DKOUHLFKHQ0LVVLRQHQEHZLHVHQ$UNRQLGH$WODQ*RQR]DOYRQ$UNRQ$GPLUDOXQG .RVPRSV\FKRORJH GD GX HLQ IlKLJHU +WHU GHV 3ODQHWHQ ELVW $XFK GLHVPDO ZLUVW GX GLH $XIJDEH VHKU JXW HUIOOHQ 'HLQ hEHUOHEHQVSRWHQWLDO XQG GDV GHV bJ\SWHUV VLQG YHUEOIIHQG KRFK 'LH YHUEUHFKHULVFKHQ +RUGHQ GLH EHU GHQ 5DQG GLHVHV 'LPHQVLRQVUHLWHUVIOXWHQ ZHUGHQ NHKUHQXPZHQQVLHNHLQH2SIHUILQGHQ(VLVWPLUNODUGDLFKQLFKWZHQLJHUYHUODQJHDOV HLQH $Q]DKO NOHLQHU 9|ONHUZDQGHUXQJHQ 6FKLOGHUH GDV 2UDNHO GDV GLFK XPKHUWUHLEW %H VFKZ|UW DOOH 6FKUHFNHQ GHU 1DWXU XQG GHU *|WWHUZHOW KHUDXI 6LFKHU N|QQW LKU QLFKW DOOH 0HQVFKHQUHWWHQ$EHULKUN|QQWYHUKLQGHUQGDHLQLJH.XOWXUHQDXVJHO|VFKWZHUGHQ(VVLQG VROFKH ZLH MHQH DXV GHU 3WDK VWDPPW XUDOW XQG IU NRPPHQGH *HVFKOHFKWHU YRQ JU|WHU :LFKWLJNHLW (V VLQG DQGHUH GDUXQWHU 6HHIDKUHU +lQGOHU 3XQNWH DQ GHQHQ HFKWH :LVVHQVFKDIWHQWVWHKHQZLUGNOHLQHUHXQGJU|HUH2UWHXQG*UXSSHQ$OOGDVZLUGLQVHLQHU ([LVWHQ] DXVJHO|VFKW ZHQQ GLH +RUGHQ GHQ 'LPHQVLRQVIDKUVWXKO YHUODVVHQ XQG LKUHU 2SIHU KDEKDIWZHUGHQN|QQHQ ,FKEOHLEHPLWHXFKLQ.RQWDNW *HKW QDFK .QRVVRV XQG ZDUQW GHQ 6WDGWN|QLJ 8QG GX $WODQ ZLUVW HLQH VRQGHUEDUH (PSILQGXQJKDEHQPVVHQ'HLQ1DPHZLUGLQHEHQVRGHQNZUGLJHP=X VDPPHQKDQJ DXIWDXFKHQ ZLH GDV VHOWVDPH 0lGFKHQ &KDULV 'DV 0lGFKHQ PLW GHQ DSDUWHQ /LQLHQDXILKUHU+DXW(LQ/HFNHUELVVHQIUHLQHQVFK|QKHLWVKXQJULJHQ$UNRQLGHQ :LHGHUHUVFKROOGDV/DFKHQ0LWHLQHPIODXHQ*HIKOLP0DJHQXQGXQVLFKHUHQ.QLHQJLQJ LFK]XU5HOLQJXQGKROWHGHQ:HLQVFKODXFK Ä%HL 3RVHLGRQ PXUPHOWH LFK XQG WDVWHWH QDFK PHLQHP =HOODNWLYDWRU Ä'LHVH $XIJDEH ZLUG XQVXPEULQJHQ (VZUGHODQJHGDXHUQELVZLUZXWHQZDVZLUEHUKDXSWWXQNRQQWHQ(LQHVVWDQGIUPLFK VFKRQMHW]WIHVW 'LH *U|H XQVHUHU 9HUVXFKH EHUVWLHJ LQ PHLQHQ *HGDQNHQ GDV 9ROO]LHKEDUH (LQ )U|VWHOQ OLHIEHUPHLQHQ5FNHQ,FKWUDQNHLQHQJURHQ6FKOXFNYRQGHP:HLQJHPLVFKXQGVSUWH QLFKWHLQPDOGHVVHQ*HVFKPDFNDXIPHLQHU=XQJH,FKZQVFKWHPLUQLFKWVYRQDOOHGHP]X ZLVVHQ 3WDK6RNDU ZDU YRQ GHQVHOEHQ (PSILQGXQJHQ HUIOOW ZLH LFK 6HLQ *HVLFKW ZLUNWH JUDX XQG

HLQJHIDOOHQ :RKHU LFK GLHV ZXWH ZDU XQNODU DEHU LKQ HUVFKUHFNWHQ QLFKW GLH *HIDKUHQ GHQHQ ZLU DXVJHVHW]W VHLQ ZUGHQ VRQGHUQ GLH %HGURKXQJ GHU :HOW LQ GLH ZLU KLQHLQ JHZRUIHQZRUGHQZDUHQXQGGLH9RUVWHOOXQJGDYRQGDGLH.DWDVWURSKHHLQWUHWHQZUGH,Q UXQGKXQGHUWYLHU]LJ7DJHQLQIQI0RQGHQ(UVDJWHXQUXKLJ Ä,FKGHQNHZLUVROOWHQZDUWHQELVZLULQ.QRVVRVVLQG'DQQZHUGHQZLUVHKHQZDVXQVGHU XQVLFKWEDUH+HUUVFKHUPLWJHJHEHQKDW Ä5LFKWLJ +DVW GX MHPDOV HWZDV YRQ &KDULV JHK|UW" 'XPPH )UDJH NDQQVW GX GLFK DQ GHQ 1DPHQRGHUGHQ%HJULIIHULQQHUQ" Ä1HLQ 9LHOOHLFKW OlW (6 QRFK HLQLJH ]XVlW]OLFKH (ULQQHUXQJHQ ]X PHLQWH LFK RKQH YLHO +RIIQXQJHQÄ,FKZHLGD(6LPPHUIUJXWHXQGlXHUVWIUDJ ZUGLJHhEHUUDVFKXQJHQJXWLVW,PPHUKLQZLVVHQZLUZRUXPHVJHKW 'HU$XIWUDJZDUNODUXQGVFKDUIXPULVVHQJHZHVHQ$EHUKLHUDXIGHPVFKZDQNHQGHQ6FKLII LP/LFKWGHU0RUJHQVRQQHZDUHQZLUQLFKWHLQPDOHQWIHUQWLQGHU/DJHXQVGLHXQ]lKOLJHQ NOHLQHQ XQG JURHQ 3UREOHPH )UDJHQ RGHU (LJHQWPOLFKNHLWHQ YRU]XVWHOOHQ GLH PLW GHU .DWDVWURSKHPLWWHOEDURGHUXQPLWWHOEDU]XWXQKDWWHQ Ä,PPHUKLQ :LU PVVHQ GHQNH LFK PLW XQV VHOEVW HWZDV *HGXOG KDEHQ VDJWH 3WDK XQG VSDQQWH VHLQH 0XVNHOQ Ä:HQQ ZLU QLFKW GDV %HZXWVHLQ DXINRPPHQ ODVVHQ ZLU ZlUHQ LQ LUJHQGHLQHU=HLWGHLQHU:HOWJHVWUDQGHW Ä(V LVW GHLQH :HOW ]XPLQGHVW HEHQVR ZLH PHLQH EUXPPWH LFK Ä'X KDVW UHFKW 9HUVXFKHQ ZLUYRQ=HUUHVXQGVHLQHQ0lQQHUQ]XHUIDKUHQZLHGLH:HOWXPXQVKHUXPDXVVLHKW (VZDUQLFKWZHQLJZDVZLUZXWHQQDFKHLQHU5HLKHYRQ$EHQWHXHUQLP/DQG3WDK6RNDUV LQ bJ\SWHQ GDV GLH $FKDLHU .KHP QDQQWHQ KDWWH XQV (6 ]XUFN LQ GLH 7LHI VHHNXSSHO YHUVHW]W 2EZRKO DOOH XQVHUH (ULQQHUXQJHQ PRFKWHQ VLH WLHI XQG VFKDXHUOLFK ZXQGHUVFK|Q RGHUDEVWRHQGVHLQYRQ(6PDQLSXOLHUWZXUGHQNRQQWHQZLUWURW]GHPVLFKHUVHLQGDZLU ODQJH =HLW PLWHLQDQGHU YHUEUDFKW KDWWHQ 0HKU DOV QXU HLQH 0LVVLRQ ODQJ LP 1LOODQG 1DFK HLQHP ZHLWHUHQ 7DJ DXI 6HH GHU XQV JQVWLJHQ :LQG EHVFKHUWH KDWWHQ ZLU PHKU HUIDKUHQ N|QQHQ :LU EHIDQGHQ XQV LP 0LWWHOPHHU GDV DOOHUGLQJV YRQ GHQ 6HHIDKUHUQ DOV GDV *URH =HQWUDOH 0HHUEHWUDFKWHWZXUGH'LH6FKLIIDKUWÄXQVHUHU=HLWYHUOLHIZHLWHVWJHKHQGYRQ,QVHO]X,QVHO XQGHQWODQJGHU8IHU1RFKZDUHQGLHPHLVWHQ6FKLIIHVRNOHLQGDVLHLQGHQ1lFKWHQXQG EHLPLOLFKHQ:LQGHQDQGHQ6WUDQGJH]RJHQZHUGHQNRQQWHQ.HIWLXEHKHUUVFKWHGDV0HHU DEHUGLH3KRLQLNHUDXV*D]D7\URV6LGRQXQG%\EORVWUXJHQ GHQ +DQGHO QLFKW ZHQLJHU HUIROJUHLFK YRQ +DIHQ]X+DIHQ6LHVROOWHQVRJDUGLH)DKUWQDFK 7DUWHVVRV GHU 6WDGW GHV 6LOEHUV NHQQHQ MHQVHLWV GHU 0HHUHQJH GLH PDQ 0HONDUWV 6lXOHQ QDQQWH$XI6WURQJK\OHHLQHUlJlLVFKHQ,QVHOQ|UGOLFKYRQ.HIWLXZDUHLQ9XONDQWlWLJXQG QRFK LPPHU ZLUEHOWHQ GLH .|USHU GHU 6WLHUWlQ]HULQQHQ EHU GLH +|UQHU GHU 7LHUH $XV GHP 1RUGHQ YRP )HVWODQG VLFNHUWH HLQ VFKPDOHU 6WURP KHOOlXJLJHU JURHU (LQZDQGHUHU LQ GDV /DQGXQGHUUHLFKWHDXFKHLQ]HOQH,QVHOQ9RQ&KDULVGHUMXQJHQ)UDXYRQXQJHZ|KQOLFKHP $XVVHKHQ KDWWH =HUUHV VFKRQ JHK|UW DEHU PHKU ZXWH HU QLFKW 3IHUGH XQG .DPSIZDJHQ YLHOH6WDGWN|QLJHXQG/HLEHLJHQH=HUUHVVFKLOGHUWHXQVHLQOHEHQGLJHV%LOGYRQHLQHU:HOW GLHHLQ0RVDLNELOGHWHQXQHQGOLFKYLHOHNOHLQH+lIHQXQG6LHGOXQJHQHQWODQJHLQHUULHVLJHQ .VWHQOLQLH 'LH 6SUDFKH GHU $FKDLHU YHUVWDQGHQ XQG UHGHWHQZLUDOVZlUHQZLUKLHUDXIJHZDFKVHQ(LQ ZHLWHUHU 7ULFN YRQ (6 %HL %HGDUI ZUGHQ ZLU DXFK EHU DQGHUH )lKLJNHLWHQ YHUIJHQ YRQ GHQHQZLUMHW]WQRFKQLFKWVDKQWHQ Ä(V VFKPHU]W QLFKW VHOEVWlQGLJ EHU VHLQH (ULQQHUXQJHQ YHUIJHQ ]X N|QQHQ VDJWH 3WDK HLQPDODQGLHVHP7DJXQGVWULFKEHUVHLQHQVFKPDOHQ1DVHQUFNHQÄ$EHUHVVWLPPWPLFK KHLWHU GD LFK ZHL ZLU N|QQHQ XQV KHOIHQ 8QG ZHQQ HV DXFK QXU PLW EHUOHJHQHQ .HQQWQLVVHQXQG:DIIHQLVW Ä(ULQQHUXQJHQN|QQHQHEHQVRKHOIHQZLHKLQGHUOLFKVHLQHUZLGHUWHLFKXQGZXWHGDLFK DEVROXWUHFKWKDWWH6FKOLHOLFKJDEHVHLQHIDVWXQHQGOLFKODQJH=HLWEHUGHUHQJHVDPPHOWH

(ULQQHUXQJHQ LFK XQDEKlQJLJ YRQ (6 IUHL YHUIJHQ NRQQWH Ä,FK DKQH GD YLHOH XQVHUHU JHPHLQVDPHQ(ULQQHUXQJHQEHVVHUYHUJHVVHQEOHLEHQVROOWHQ 'LH5($OLHILQGHUVLQNHQGHQ'lPPHUXQJHLQHQZLQ]LJHQ6DQGVWUDQGDP2VWNDS3DODLNDVWUR YRQ.HIWLXDQ'DV+HFNZXUGHDXIGHQ6WUDQGKLQDXIJH]RJHQ EHUGHQ%XJZXUGHQ]ZHL$QNHUDXV6WHLQXQG+RO]DXVJHEUDFKW:LUUHJLVWULHUWHQGDHV NHLQ (LVHQ JDE QLFKW HLQPDO EHL GHU %HZDIIQXQJ GHU 0lQQHU (LQH 0LVFKXQJ DXV .XSIHU =LQQ XQG RIWPDOV %OHL EHGHXWHWH GLH K|FKVWH 6WXIH GHU 0HWDOOEHDUEHLWXQJ %URQ]HZDIIHQ ZDUHQEHUDOOJHEUlXFKOLFKQRFKLPPHU Ä0DFKWHLQ)HXHU0lQQHUULHI=HUUHVÄ8QVHUH)UHXQGHKDEHQQXU:HLQJHWUXQNHQGHQ7DJ EHU Ä(LQSDDU%LVVHQZUGHQXQVQLFKWVFKDGHQJDELFK]XUFNXQGZDWHWHDQ/DQGÄ6FKODIWLKU DXIGHP6FKLII" 8QWHU XQVHUHQ QDFNWHQ 6RKOHQ VFKLHQ GLH (UGH ]X VFKZDQNHQ (V ZDU HLQH YRUEHUJHKHQGH (UVFKHLQXQJZHQQPDQWDJHODQJQLFKWVDQGHUHVDOVGLH]LWWHUQGHQXQGlFK]HQGHQ3ODQNHQGHV 6FKLIIHV XQWHU VLFK JHIKOW KDWWH (LQLJH 6HHOHXWH VDPPHOWHQ 7UHLEKRO] XQG VFKOXJHQ )HXHU :LU VDHQ VFKOLHOLFK LQ HLQHP JURHQ ORFNHUHQ .UHLV XPV )HXHU WUDQNHQ :HLQ DXV +RO]EHFKHUQ XQG DHQ WURFNHQHV XQJHVlXHUWHV %URW JHUlXFKHUWHV )OHLVFK YRQ ZLOGHQ 6FKZHLQHQ 1VVH HLQLJH 'DWWHOQ XQG GLFNH 6FKHLEHQ YRQ VDO]LJHQ :UVWHQ 'LH 8QWHU KDOWXQJGHU0lQQHUGHUZLUVFKZHLJHQG]XK|UWHQGUHKWHVLFKXPGLH0lGFKHQLP+DIHQYRQ .QRVVRV XP GHQ *HZLQQ DQ GHP VLH $QWHLOH EHVDHQ XP GLH XUDOWHQ 7KHPHQ PLW GHQHQ 0lQQHU]XWXQKDWWHQGLHPLW:LQG:DVVHUXQGLKUHP6FKLFNVDONlPSIWHQ :LH GDV 0HHU YRQ :HOOHQ XQG 6WU|PXQJHQ EHY|ONHUW ZDU YRQ ,QVHOQ XQG VHOWVDPHQ (UVFKHLQXQJHQ ZLH :LQGKRVHQ XQG :HWWHUOHXFKWHQ VR ZDU GDV /HEHQ GHU 0HQVFKHQ YRQ *|WWHUQ XQG :DKUVDJXQJHQ EHKHUUVFKW YRQ LKUHP *ODXEHQ DQ 9RUEHVWLPPXQJ XQG DQ GLH 0DFKW GHV HLQ]HOQHQ 6LH ZDUHQ JDVWIUHXQGOLFK XQG VWUHLWVFKWLJ ELV ]XP ([]H 'LH *HVFKLFKWHQGLHZLUK|UWHQEHZLHVHQHV Ä:RKLQ ZLUG HXFK GDV 2UDNHO IKUHQ" ZDQGWH VLFK =HUUHV DQ XQV $OV XQDEKlQJLJHU 6FKLIIVEHVLW]HUVWDQGHULQJHZLVVHU:HLVHDXHUKDOEGHUKHUUVFKHQGHQ%H GLQJXQJHQ XQG DXFK HLQ ZHQLJ GDUEHU 'HU +LPPHO EHU XQV ZDU JlQ]OLFK NODU 6WDUU XQG ULHVLJ VWDQGHQ GLH 6WHUQH LQ GHU 6FKZlU]H +LQWHU GHQ )HOVHQ XQG GHQ ZLQG]HU]DXVWHQ =\SUHVVHQVWLHJHLQHVFKPDOH0RQGVLFKHOKHUDXI Ä9LHOOHLFKWLQMHGHQ+DIHQGHV0HHUHVVDJWHLFKÄ$EHUXQDEKlQJLJYRQXQVZLUGVLFKGDV 2UDNHOLQIQI0RQGHQHUIOOHQ Ä'DVLVWJHZL" Ä6RJHZLZLHGLH$XJHQGLHGXDQGHQ%XJGHU5($JHPDOWKDVWPXUPHOWH3WDKÄ(VZLUG HLQ9HUGHUEHQYRP+LPPHONRPPHQ Ä=HXV GRQQHUW QLFKW QXU PHLQWH =HUUHV XQG PDFKWH GLH EHVFKZ|UHQGH *HVWH PLW VHLQHQ )LQJHUQÄVRQGHUQHUVFKLFNWDXFKGDV9HUGHUEHQEHUXQV Ä'LHVHV 9HUGHUEHQ NRPPW QLFKW YRQ =HXV ZHKUWH LFK DE Ä(V LVW NHLQ *RWW GHU GDV 0HHU DXIZKOHQXQGGLH7DJH]XVWXUPHUIOOWHQ1lFKWHQPDFKHQZLUG Ä.HLQ*RWW":HUVROOWHPlFKWLJHUVHLQDOV=HXVGHUYRQ&KURQRVVWDPPW" Ä'DV2UDNHOJDENHLQH$QWZRUWDXIGLHVH)UDJHHQWJHJQHWHLFK 'LH ZDUPH 1DFKWOXIW ZDU YROOHU ZLVSHUQGHU /DXWH XQG ZU]LJHU *HUFKH 'DV +RO] GHV 6FKLIIHV GHU QDVVH 6DQG XQG GLH 'XIWVWRIIH XQEHNDQQWHU %OXPHQ XQG %OWHQ ZHWWHLIHUWHQ PLWHLQDQGHU 'LH 6WLPPXQJ HLQHP ,G\OO QDKH ELOGHWH HLQHQ PDNDEUHQ .RQWUDVW ]X GHQ 'LQJHQ GLH EHVSURFKHQ ZXUGHQ 0LW 6LFKHUKHLW ZDU GLHV YRQ (6 VR XQG QLFKW DQGHUV EHDEVLFKWLJW Ä:HQQ LFK HXFK UHFKW YHUVWHKH ILQJ HLQHU GHU 6WHXHUOHXWH ODXW ]X EHUOHJHQ DQ ÄGDQQ ZDQGHUW LKU YRQ 2UW ]X 2UW YRQ+DIHQ]X+DIHQXPGDV2UDNHO]XYHUNQGHQ$OOH+lIHQ GLHVHV0HHUHVLQQXUIQI0RQGHQ",KUVHLGHQWZHGHUYRQHLQHPE|VHQ'lPRQJHVFKODJHQ RGHU LKU PW 0lQQHU YRQ JHZDOWLJHP 0XW VHLQ :LU KDEHQ HXUH :DIIHQ JHVHKHQ 6LH VLQG

:DIIHQGLHYRQJURHQ.ULHJHUQJHEUDXFKWZHUGHQ :HOOHQ VFKOXJHQ JHJHQ GHQ 6FKLIIVUXPSI hEHU XQV IORJHQ 5HLKHU KLQZHJ XQG VFKULHQ PLW|QHQG,FKDQWZRUWHWHDEVFKZlFKHQG Ä$XFKZLUVLQG]XW|WHQXQG]XYHUZXQGHQ8QVHUH:DIIHQVLQGRKQH=ZHLIHOJXW$EHUDXFK XQVHUH+lQGHYRQGHQHQGLH:DIIHQEHQXW]WZHUGHQN|QQHQVFKZDFKZHUGHQ Ä6HKUEHGHQNHQVZHUWHXUH*HVFKLFKWH :LUYHUVXFKWHQ=HUUHVXQGGHQ0lQQHUQJHJHQEHUVR]XZLUNHQDOVVWQGHQZLUXQWHUGHP %DQQ GHV 2UDNHOV %LV ]X HLQHP EHVWLPPWHQ 3XQNW ZDU GLHV ]XWUHIIHQG -HGHVPDO ZHQQ XQVHUH*HGDQNHQZLHGHUDXIGLHQlFKVWHQKXQGHUWYLHU]LJ7DJHJHOHLWHWZXUGHQOHJWHVLFKHLQH %HNOHPPXQJDXIXQVGLHXQV$QJVWPDFKWH7URW]GHU)ULVWYRQUXQG]Z|OI6WXQGHQKDWWHQ ZLU NHLQH HLQ]LJH NRQNUHWH 9RUVWHOOXQJ GDYRQ ZLH ZLU XQVHUH $XIJDEH DXFK QXU DQQlKHUQG ZUGHQHUIOOHQN|QQHQ Ä:LUVLQGEHJDQQ3WDK6RNDUÄDXFKKLOIORV%HGHQNWZDVXQVDXIHUOHJWZXUGH'DV2UDNHO XQGXQVHU*HOEGHODVVHQXQVNHLQH:DKO:LUPVVHQUHLVHQXQGZDUQHQZHQQXQVQLFKWGHU )OXFKWUHIIHQVROO Ä(VLVWVFKPlKOLFKXQGIHLJHQLFKWGHP:LOOHQGHU*|WWHU]XJHKRUFKHQ Ä,FKKDEHHVQLFKWYRUVDJWH3WDKVWUHQJÄXQG$WODQDXFKQLFKW Ä$WODQ"IUDJWH=HUUHVXQGULVHLQHQ.RSIEHUUDVFKWKRFK,FK]XFNWH]XVDPPHQ Ä'LHVLVWPHLQ1DPHEHVWlWLJWHLFK Ä+DVW GX HWZDV PLW GHU ,QVHO GHV +lSKDLVWRV ]X WXQ" 0LW 6WURQJK\OH GDV YLHOH YRQ XQV $WODQWLVQHQQHQ" 0HLQ6FKUHFNHQRGHUDQGHUVPHLQHWLHIH9HUZLUUXQJEOLHE$WODQWLV"'HUNOHLQH.RQWLQHQW GHU PLW PHLQHU hEHUOHEHQVNXSSHO LP 0HHU YHUVDQN KDWWH GLHVHQ 1DPHQ JHKDEW 0HLQ ([WUDVLQQZLVSHUWHEHVFKZLFKWLJHQG 1XUHLQH]XIlOOLJHbKQOLFKNHLW8QGZHQQQLFKWGDQQKDWHLQhEHUOHEHQGHUGHQ%HJULIIEHU XQ]lKOLJH *HQHUDWLRQHQZHLWHUJHEHQN|QQHQ%HGHQNHGLH(QWIHUQXQJ]ZLVFKHQEHLGHQ3XQNWHQ 1XUODQJVDPNRQQWHLFKPLFKEHUXKLJHQ0LWKHLVHUHU6WLPPHJDELFK]XUFN Ä0HLQ 1DPH XQG GHU 1DPH GHU ,QVHO VLQG ]XIlOOLJ ,FK NHQQH VLH QLFKW HLQPDO :R EHL 3RVHLGRQOLHJWVLH" Ä(LQHNQDSSH7DJHVIDKUWEHLJXWHP:LQGQ|UGOLFKYRQ.QRVVRV +DIHQ Ä:DV]HLFKQHW$WODQWLVDXV".HQQVWGX=HUUHVVHLQHQ+DIHQ" Ä-DQDWUOLFK(VLVWHLQH,QVHOGHV)ULHGHQV$XFKGLHVH,QVHOVFKLFNW*HLVHOQQDFK.QRVVRV Ä*HLVHOQ"+HUUVFKW.QRVVRVPLW+LOIHYRQ*HLVHOQEHUGDV0HHUXQGGLH,QVHOQ" Ä$XFK*HLVHOQKHOIHQGHP+HUUVFKHUEHLVHLQHP$PW(VLVWNHLQHVFKOLPPH+HUUVFKDIWVLH YHUKLQGHUWQXUGDVLFKDOOHNOHLQHQ.|QLJHJHJHQ.HIWLXYHUEQGHQ'LHNUHWLVFKHQ=|OOQHU WUHLEHQLKUHQ7ULEXWYRQMHGHP6FKLIIHLQVHOEVWYRQGHQHLJHQHQ Ä,FKYHUVWHKHVDJWHLFKÄ,PPHUPHKUHUNHQQHLFKLQZHOFKH:HOWZLUKLQHLQVHJHOWHQPLW GHU5($ Ä$XVZHOFKHU:HOWNRPPWLKU"IUDJWH=HUUHVEOLW]VFKQHOO*OFNOLFKHUZHLVHKDWWHLFKQLFKW HLQH 6HNXQGH ODQJ GHQ )HKOHU EHJDQJHQ GHQ .DSLWlQ ]X XQWHUVFKlW]HQ (U KDWWH GLH HQWVFKHLGHQGH )UDJH JHVWHOOW ,FK NRQQWH ZRKO VFKZHUOLFK DQWZRUWHQ GD ZLU DXV GHU 7LHIVHHNXSSHONDPHQDXVGHUhEHUOHEHQVVWDWLRQGHVXQWHUJHJDQJHQHQ(UGWHLOVGHUQDFKPLU EHQDQQWZRUGHQZDU$OVRVDJWHLFK Ä-HQVHLWV GHU 6lXOHQ GHV 0HONDUW YRUEHL DQ 7DUWHVVRV DEHU QLFKW QDFK 1RUGHQ VRQGHUQ LP JURHQ %RJHQ QDFK 6GHQ GRUWKHU NRPPHQ ZLU $XFK ZLU ULWWHQ ZDQGHUWHQ XQG VHJHOWHQ HQWODQJ YLHOHU XQEHNDQQWHU .VWHQ 6FKOLHOLFKNDPHQZLUQDFK8JDULWXQGGRUWJLQJHQZLU DXIGLH5($ ,FKN|QQWHQlFKWHODQJYRQPHLQHU+HLPDWEHULFKWHQYRQGHU+HLPDWPHLQHV)UHXQGHV3WDK GHUPHKULVWDOV HLQ)UHXQGYRQWDXVHQGJHPHLQVDPEHUVWDQGHQHQXQGEHUOHEWHQ$EHQWHXHUQ

Ä:DXP HU]lKOVW GX QLFKWV " -HW]W $WODQ " 6LGD KROH HLQHQ .UXJ DXV GHP +HFN XQVHUHV WDSIHUHQ6FKLIIHV ,FKJlKQWHXQG3WDKIJWHKLQ]X Ä0HLQ)UHXQGLVWPGH,QGHUHUVWHQ7DYHUQHLP+DIHQZLUGHUHXFKPLWVHLQHQ(U]lKOXQJHQ EHHLQGUXFNHQ/DVVHGHLQHQYHUGDPPWHQ.UXJZRHULVW6LGD Ä:LU DOOH VLQG PGH PHLQWH =HUUHV YRUVLFKWLJ Ä:LFNHOW HXFK LQ HXUH )HOOH %HLP HUVWHQ /LFKWJHKWHVZHLWHU Ä(VLVWZRKOGDVEHVWH -HGHUVXFKWHVLFKHLQH0XOGHLP6DQGGHUGLH:lUPHGHVIUKHQ+HUEVWWDJVDXVVWUDKOWH3WDK XQG LFK ZLFNHOWHQ XQV LQ XQVHUH ULHVLJHQ GLFNHQ 0lQWHO (V ZDU DOV KDEH GDV JHVSURFKHQH :RUWHLQHQSO|W]OLFKHQ$QIDOOYRQ0GLJNHLWDXVJHO|VW (KH LFK HLQVFKOLHI VWDUUWH LFK XQZLOONUOLFK VHQNUHFKW KLQDXI LQV )LUPDPHQW ,Q PHLQHU 3KDQWDVLHO|VWHVLFKHLQZLQ]LJHU/LFKWSXQNWDXVGHUXQHQGOLFKHQ6FKZlU]HZXUGHJU|HUXQG NDP QlKHU HQWSXSSWH VLFK LP NDOWHQ /LFKW HLQHV JUlOLFK ZHL VWUDKOHQGHQ 9ROOPRQGV DOV JLJDQWLVFKHU)HOVVSOLWWHU,FKVDKLPHUVWHQ$QIOXJGHV7UDXPHVGLH]LWWHUQGZDUWHQGHQ8Q JHKHXHUGLHDQGHQ.OLSSHQGHU5lQGHUNDXHUWHQ'DV:HOWHQIUDJPHQWVHQNWHVLFKLQV0HHU WDXFKWH HLQ XQG HU]HXJWH HLQHQ .UHLVULQJ YRQ 7VXQDPLV GHU VLFK JLVFKWHQG DXVEUHLWHWH XQG 6FKLIIH GXUFK GLH /XIW ZLUEHOWH 6LHGOXQJHQ ]HUVWlXEWH XQG ]HUUL HLQH 5HLKH YRQ 2UNDQHQ *HZLWWHUQ %UlQGHQ hEHUVFKZHPPXQJHQ XQG =HUVW|UXQJHQ DXVO|VWH 0HQVFKHQ XQG 7LHUH W|WHWHXQGGDQQDOVVLFKGLHYHUJHZDOWLJWHXQGJHVFKXQGHQH1DWXUHUKROWKDWWH7DXVHQGHYRQ 8QJHKHXHUQHQWOLH :DUXP GLHVH HUQHXWH 3UIXQJ GLHVHV 3ODQHWHQ" GDFKWH LFK VFKOlIULJ $EHU QLFKW HLQPDO GHU ([WUDVLQQJDEHLQH$QWZRUW 'LH %XFKW LQ GHUHQ IDVW XQEHZHJWHV :DVVHU ZLU QXQ UXGHUWHQ JHK|UWH ]XP +DIHQ YRQ .QRVVRV9LHOHNOHLQHXQGJURH6FKLIIHHEHQIDOOVJHUXGHUWRGHUPLWVFKODIIHQ6HJHOQNDPHQ XQVHQWJHJHQXQGULHIHQXQVDQ $EHUDXVLKUHU0LWWH]ZLVFKHQGHP/HXFKWWXUPXQGGHQGUHL6lXOHQKHUYRUYRQGHQHQGDV 0ROHQHQGH JHNHQQ]HLFKQHW ZXUGH NDP HLQ XQJHZ|KQOLFK VFKODQNHV SUlFKWLJHV 6FKLII (V KLHOWJHQDXDXIXQV]X =HUUHVGHUQHEHQPLULP%XJVWDQGDOOHDQGHUHQ0lQQHUUXGHUWHQEHGlFKWLJXQGWHLOWHQLKUH .UlIWHVRUJVDPHLQGHXWHWHGDUDXIXQGEUXPPWHQHLGHUIOOW Ä1RFKQLHKDEHLFKHLQHQVROFKHQ'RSSHOUXGHUHUJHVHKHQ(LQKHUUOLFKHV6FKLII(VPXGHP 0LQRRVJHK|UHQ$EHUZDUXPZLOOHUXQVUDPPHQ" (UKREGHQ$UPXQGJDEGHQ]ZHL6WHXHUPlQQHUQHLQLJHNQDSSH=HLFKHQ'LH5($lQGHUWH GHQ .XUV 'HXWOLFK ]HLFKQHWHQ VLFK GLH .LHOVSXUHQ GHU 6FKLIIH LP :DVVHU DE (V KHUUVFKWH MHW]W LQ GHU JQDGHQORV JUHOOHQ 0LWWDJVVRQQH IDVW DEVROXWH :LQGVWLOOH KLQ XQG ZLHGHU HU]HXJWHHLQDEODQGLJHU+DXFKEL]DUUH.UlXVHOPXVWHUDXIGHUVWLOOHQ:DVVHUIOlFKH$EHUDXFK GHU =ZHLUXGHUHU lQGHUWH VHLQH 5LFKWXQJ 6HLQ 5DPPVSRUQ PLW %URQ]H EHVFKODJHQ ]HLJWH XQYHUlQGHUWDXIXQVHUHQ%XJhEHUGDVVWLOOH:DVVHUHUVFKROOHLQHGU|KQHQGH6WLPPH Ä6HLGLKUGDV6FKLIIGDVHLQHQ:HLKDDULJHQXQGVHLQHQ)UHXQGGHQbJ\SWHUDQ%RUGKDW" 9HUEOIIWZHFKVHOWHQ=HUUHVXQGLFKHLQHQ%OLFN'DQQKROWHGHU.DSLWlQWLHI/XIWOHJWHVHLQH VFKZLHOLJHQ+lQGHWULFKWHUI|UPLJDQGHQ0XQGXQGEUOOWH]XUFN Ä'LH5($KDWGLHVH*lVWH:DVZROOWLKU" 'LH HLQWDXFKHQGHQ 5LHPHQHQGHQ EHLGHU 6FKLIIH KLQWHUOLHHQ LP :DVVHU ]ZHLIDFKH 'RSSHOVSXUHQGLHVLFK LQ XQ]lKOLJHQ DXVHLQDQGHUODXIHQGHQ 5LQJHQ YHUORUHQ ,PPHU ZLHGHU PXWH LFK HUNHQQHQ

ZHOFK LQQHUH 6FK|QKHLW LQ UHLFKHP 0D GLHVHP 3ODQHWHQ LQQHZRKQWH $EHU LFK YHUGUlQJWH GLHVHQ *HGDQNHQ VFKQHOO ZLHGHU XQG YHUVXFKWH (LQ]HOKHLWHQ GHV HWZD VHFK]LJ )X ODQJHQ 6FKLIIHV ]X HUNHQQHQ XQG GDV *HVHKHQH ULFKWLJ ]X GHXWHQ 8QJHZ|KQOLFK NUlIWLJH 5XGHUHU KDWWHHVDQ%RUGGHQQHVNDPLQYHUJOHLFKVZHLVHUDVHQGHP7HPSRQlKHU Ä:LUIKUHQHXFK]XP$QNHUSODW]:LUVLQGGDV6FKLIIGDV$WODQXQG3WDKEHLGHU(UIOOXQJ LKUHV*HOEGHVXQWHUVWW]HQ0LWGLU.DSLWlQVSULFKW1HVWRUGHU.DSLWlQGHU&+$5,6 6FKZHLJH*LENHLQHXQEHGDFKWHQ$QWZRUWHQHUPDKQWHPLFKGHU/RJLNVHNWRU :LHGHU HLQHU GHU YHUEOIIHQGHQ (LQIlOOH YRQ (6 /DQJVDP GUHKWH LFK PLFK XP XQG EOLFNWH KLQXQWHU ]X 3WDK GHU XQWHU GHP 9RUZDQG VHLQH 0XVNHOQ JHVFKPHLGLJ ]X PDFKHQ PLW GHU %HVDW]XQJ]XVDPPHQUXGHUWH(UJULQVWHVFKZHLEHUVWU|PW]XPLUKHUDXI1DWUOLFKKDWWHHU MHGHV:RUWYHUVWDQGHQ Ä,FK GDFKWH GLH &+$5,6 HUVW VSlWHU ]X WUHIIHQVDJWHLFK]X=HUUHVÄ'XVLHKVWZLUKDEHQ DXFKHLQLJH0|JOLFKNHLWHQXQVHU*HOEGH]XHUIOOHQ Ä,FK ZQVFKWH GLHV ZlUH PHLQ 6FKLII VDJWH HU XQG VFKLFNWH HLQHQ OlVWHUOLFKHQ )OXFK KLQWHUKHU Ä9LHOOHLFKWEUDXFKHLFKGLFKHLQHV7DJHVDOV.DSLWlQWU|VWHWHLFKLKQKDOEKHU]LJ 6FKODQN VFKQHOO XQG SUlFKWLJ DEHU PLW DOOHQ EHVWHQ 0HUNPDOHQ GHU KHUUVFKHQGHQ +DQGZHUNVNXQVW KHUJHVWHOOW PLW KRFK DXIUDJHQGHP %XJ XQG JODWWHP 6FKDQ]NOHLG PLW ZLQ]LJHQ/|FKHUQIUGLH6FKlIWHGHU5LHPHQXQGHLQHPYHUJOHLFKVZHLVHULHVLJHQ6HJHOJOLWW GLH&+$5,6QlKHU'DV6HJHONOHEWHDQ0DVWXQG5DKGHU%XJOLHILQHLQH'RSSHOILJXUDXV (LQ +HOG LP DFKDLVFKHQ .DPSIKHOP KLHOW GHQ .RSI HLQHV VFKODQJHQKDDULJHQ 0RQVWUXPV LQ GHU+DQG(LQOHXFKWHQGJHOEHU +HOPEXVFK EHZHJWH VLFK PDWW GDV JUDXVLJH *HVLFKW IXQNHOWH XQV PLW (GHOVWHLQDXJHQ DQ 6FKHLQEDU PKHORV GXUFKVFKQLWW GHU PHVVHUVFKDUIH %XJ GDV :DVVHU 'LH &+$5,6 VFKZDQJ KHUXPRKQHGDLFKHLQHLQ]LJHV.RPPDQGRK|UWH'DQQIXKUGDV6FKLIISDUDOOHO]XXQVDXI GLH(LQIDKUWGHV+DIHQV]X Ä+LHUELQLFK1HVWRUULHILFKKLQEHU 'LH&+$5,6ZDUYRQQLFKWZHQLJHUDOVIQI]LJ0DQQEHVHW]W-HZHLOV]Z|OI5LHPHQLQ]ZHL 5HLKHQ DQ MHGHU 6HLWH EHZHJWHQ VLFK ZLH LP 7DNW HLQHU 0DVFKLQH 0LW RIIHQHQ 0QGHUQ VWDUUWHQGLH0lQQHUGHU5($]XU&+$5,6KLQEHU Ä(XHU +DXV LVW EHUHLW ,KU XQG HXUH /DVWHQ ZHUGHQ YRQ :DJHQ GRUWKLQ JHEUDFKW .|QLJ 0LQRRVKHLWHXFKZLOONRPPHQ)ROJWXQV0lQQHUGHU5($ Ä+DEW LKU :HLQ IU XQV XQG HLQ SDDU GUDOOH 0lGFKHQ" ULHI 3WDK6RNDU EHUPWLJ YRQ GHU 5XGHUEDQNDXVÄ*XWJHEDXWXQGVDXEHUJHZDVFKHQ" 1HVWRUODFKWHGU|KQHQGXQGVFKULH]XUFN Ä)UHXUHQLFKWVZUGLJHQ/VWHZLUGJHVRUJWZHUGHQ (UZDUJURXQGKDNHQQDVLJ,QHLQHJOlQ]HQGH%URQ]HUVWXQJJHNOHLGHWVWDQGHULP%XJGHU &+$5,6XQGKLHOWHLQHIXQNHOQGH'RSSHOD[WLQGLH+|KH1HVWRUJULQVWHEUHLWXQGVFKWWHOWH GHQ.RSI'HUVFKZDU]H3IHUGHVFKZHLIDXIVHLQHP+HOPPLW1DVHQVFKXW]XQG.LQQVSDQJHQ SHLWVFKWHKLQXQGKHU Ä5XGHUW VFKQHOOHU ULHI HU Ä8P VR IUKHU ZHUGHQ HXFK GLH 6FK|QKHLWHQ GHV +DIHQV EHJHJQHQ ,FK KDWWH JHQXJ JHVHKHQ 'LHVHV 6FKLII XQG ]XPLQGHVW 7HLOH VHLQHU 0DQQVFKDIW NRQQWHQ DOV 0HLVWHUZHUN EH]HLFKQHW ZHUGHQ 9LHOOHLFKW VR GXUFK]XFNWH PLFK HLQ NKQHU *HGDQNH YHUKLHOW HV VLFK GDPLW VR ZLH PLW XQVHUHQ :DIIHQ WlXVFKHQG QDFKJHDKPW DXV JlQ]OLFK DQ GHUHP 0DWHULDO VFKQHOOHU OHLFKWHU XQG ZLGHUVWDQGVIlKLJHU 8QG GDUEHU KLQDXV PLW JHKHLPQLVYROOHQ(LJHQVFKDIWHQDXVJHUVWHWGLHQXUZHQLJHQ(LQJHZHLKWHQ]X 'LHQVWHQ ZDUHQ 'LH 5($ IROJWH LQ GHU .LHOVSXU GHV SUlFKWLJHQ 6FKLIIHV XQG ]XVDPPHQ OHJWHQZLUDP6WHXHUERUGNDLGHV+DIHQVDQ ,FKZDQGWHPLFKZlKUHQG3WDKDXVGHP%DXFKGHV6FKLIIHVKHUDXINOHWWHUWHDQ=HUUHV Ä(VVLHKWDXVDOVREXQVHUH)DKUWKLHU]X(QGHJHKW

Ä:HQQGLFK0LQRRVZLOONRPPHQKHLWZLUVWGXGLH*HLVHOQVHKHQXQGGLH6WLHUWlQ]HULQQHQ PHLQWH =HUUHV YHUGURVVHQ Ä$OOH QHXQ -DKUH NRPPHQ VLHEHQ VFK|QH 0lGFKHQ XQG VFK|QH .QDEHQKLHUKHU (UVFKQDO]WHJHQLHHULVFKPLWGHU=XQJHXQGEOLFNWHGLHXQ]lKOLJHQNDQWLJHQ+lXVHUPLWGHQ IODFKHQ'lFKHUQXQGGHQZHLJHNDONWHQ0DXHUQDQGLHVLFKYRP+DIHQDXIZlUWVGHQ+DQJ KLQDXI HUVWUHFNWHQ XQWHUEURFKHQ YRQ NOHLQHQ 3OlW]HQ JHSIODVWHUWHQ 6WUDHQ XQG JUQHQ VFKDWWHQZHUIHQGHQ%lXPHQ Ä,FK ELQ VLFKHU VDJWH LFK XQG PHLQWH HV HKUOLFK ÄGD VLFK XQVHUH :HJH QRFK HLQ SDDUPDO NUHX]HQZHUGHQ=HUUHV'LHVHV0HHULVWQLFKWGHU:HOWHQIOX2NHDQRV:LHGXZHLWZHUGHQ 3WDK6RNDU XQG LFK YLHOH +lIHQ DQODXIHQ -HGHVPDO ZHUGHQ ZLU QDFK =HUUHV XQG VHLQHU WFKWLJHQ5($IUDJHQ 'HU .DSLWlQ QLFNWH EHGlFKWLJ ZlKUHQG HU VFKZHLJHQG ]XVDK ZLH VHLQH 0lQQHU PLW IOLQNHQ *ULIIHQ XQG GHU WLHIHQ (UIDKUXQJ YRQ XQ]lKOLJHQ 0RQGHQ LQ IUHPGHQ +lIHQ GDV 6FKLII EHOHJWHQ 'DQQ ULFKWHWH HU VHLQHQ %OLFN LQ GHQ VWUDKOHQGHQ ZRONHQORVHQ +HUEVWKLPPHO XQG EUDFKWHKHUYRU Ä,FKKDEHYLHOQDFKJHGDFKW$WODQEHUHXUH:RUWHXQGGDV2UDNHO,FKNDQQQXUKRIIHQGD GLH5($ZHLWZHJVHLZLUGDQMHQHP7DJDQGHPVLFKGLH9RUEHVWLPPXQJHUIOOW:HLWZHJ YRP&KDRVYRQGHU:XWGHV3RVHLGRQXQGYRQ=HXV %OLW]HQ ,FKVFKOXJLKPDXIGLH6FKXOWHUXQGHQWJHJQHWH Ä'DV LVW EHL GHU $OOPXWWHU DXFK XQVHU :XQVFK :LU ZROOHQ HEHQVR EHUOHEHQ ZLHGX XQG GHLQH0lQQHU (UQLFNWHLQVHLQHP%OLFNODJHLQHHLJHQWPOLFKH%H GHXWXQJ,FKNDQQWHGHQ*UXQGQXU]XU+lOIWH0HQVFKHQGLHWDJHODQJDQ%RUGHLQHVNOHLQHQ 6FKLIIHV OHEWHQ XQG DXIHLQDQGHU DQJHZLHVHQ ZDUHQ RKQH GLH 0|JOLFKNHLW ZHJ]XJHKHQ XQG DXV GHP *HVLFKWVNUHLV GHV DQGHUHQ ]X YHUVFKZLQGHQ KDWWHQ HLQ DQGHUHV SHUV|QOLFKHV 9HUKlOWQLV]XHLQDQGHUJHIXQGHQ(QWZHGHUKDWHQVLHVLFKIUGHQ5HVWLKUHV/HEHQVRGHUVLH ZDUHQ LQ JHZLVVHU :HLVH )UHXQGH JHZRUGHQ 1LFKW DQGHUV ZUGH HV PLW 1HVWRU XQG GHU &+$5,6ZHUGHQ Ä'HLQH7DJHVHLHQJHVHJQHWULHIPLU=HUUHVQDFKDOVLFKPLWGUHL3DFNHQXQVHUHU$XVUVWXQJ EHUGLHIHGHUQGH3ODQNHOLHI Ä%ULQJH HLQ 2SIHU IU GLH *|WWHU JDE LFK JDOOLJ ]XUFN ÄGD ZLU WXQ N|QQHQ ZDV XQV DXIJHWUDJHQZXUGH Ä'LHVZHUGHLFKWXQYHUODVVHGLFKGDUDXI:HLKDDULJHUULHIHUPLUQDFK 3WDK6RNDU XQG LFK ZDUHQ LQ GHU QlFKVWHQ 6WXQGH GDPLW EHVFKlIWLJW ]X VHKHQ XQG ]X HUNHQQHQ ZDV GLH %URQ]H]HLW LQ *ULHFKHQODQG EHGHXWHWH (LQ]HOQH (LQGUFNH VXPPLHUWHQ VLFKZlKUHQGZLUXQVPLWNXU]HQ6lW]HQYHUVWlQGLJWHQ=XQlFKVWZDUIHQXQGVFKOHSSWHQGLH 0lQQHU YRQ .DSLWlQ =HUUHV XQVHU *HSlFN DXI GHP %DXFK GHV 6FKLIIHV DXIGHQ.DL6LHEHQ :DJHQUDVVHOWHQXQGGU|KQWHQKHUDQ6LHZDUHQYRQZLOGDXVVHKHQGHQ3IHUGHQJH]RJHQGLH LP HLQHQJHQGHQ %UXVWJHVFKLUU JLQJHQ *URH 5lGHU GHUHQ )HOJHQ PLW %URQ]HUHLIHQ EHVFKODJHQZDUHQNOLUUWHQEHUGDVJUREH3IODVWHU'DPSIHQGHV)HWWTXROODXVGHQ1DEHQGHU XQJHIHGHUWHQ$FKVHQ'LH/HQNHUGHU:DJHQKLHOWHQGLH6HLOHRGHUGLH=JHODXV/HGHULQGHQ )lXVWHQ 1HVWRU NDP DXI XQV ]X HUJULII XQVHUH +DQGJHOHQNH XQG VFKWWHOWH XQVHUH 8QWHUDUPH 6HLQH 0DWURVHQ VFKOHSSWHQ GLH %DOOHQ KLQ XQG KHU XQG YHUOXGHQ VLH LQ GLH :DJHQN|UEH DXV )OHFKWZHUN'XW]HQGHYRQ0LJJlQJHUQVDKHQ]XZLHZLUHPSIDQJHQZXUGHQ'LH3IHUGH ZLHKHUWHQXQGULVVHQDQGHQEURQ]HQHQ7UHQ VHQ 6RQQHQKLW]H VFKOXJ DXI XQV QLHGHU ZLH HLQ +DPPHU %LQQHQ NXU]HU =HLW ZDUHQ ZLU LQ 6FKZHL JHEDGHW 0lQQHU PLW DPWOLFKYHUVFKODJHQHP %OLFN YHUVXFKWHQ XQVHUH +DEH DE]XVFKlW]HQ(LQHIUHPGH:HOWJOHLFKHUPDHQEDUEDULVFKXQGYRPHUKHOOHQGHQ6WUDKOHLQHU DXIEOKHQGHQ .XOWXU JHWURIIHQ 5DXKH 6FKHU]H IORJHQ ]ZLVFKHQ GHQ 0lQQHUQ DXV GHQ ]ZHL 6FKLIIHQ XQG GHQ ZHQLJHQ 0lGFKHQ XQG )UDXHQ KLQ XQG KHU 'LH %OlWWHU GHU %lXPH

YHUVWU|PWHQ HLQHQ 'XIW QDFK EUHQQHQGHP +DU] +LQWHU GHQ +lXVHUQ HUVFKROOHQ XQGHXWOLFK 6FKUHLHXQGZHQQLFKQLFKWLUUWHGLH/DXWHYRQ3HLWVFKHQKLHEHQ ,FK EOLFNWH LQ 1HVWRUV *HVLFKW XQG IUDJWHPLFKREHUXQGVHLQH0lQQHU*HVWDOWHQDXVHLQHU DQGHUHQ=HLWZDUHQ %HL HLQHP $XIWUDJ YRQ (6 LVW DOOHV P|JOLFK 'X EUDXFKVW GHLQH NKQHQ *HGDQNHQ QLFKW ]X XQWHUGUFNHQVDJWHGHU([WUDVLQQ 'LH +DDUWUDFKW GLHVHU MXQJHQ 0lQQHU PLW LKUHP HQWVFKORVVHQHQ *HVLFKWVDXVGUXFN ZDU KDOEODQJ XQG lXHUVW JHSIOHJW 'RUW ZR EHL =HUUHV XQG VHLQHQ 0DWURVHQ GLH 6FKQLWWH XQG 1DUEHQ ZDUHQ VLH HQWIHUQWHQ LKU %DUWKDDU PLW %URQ]HVSLHJHOQ EURQ]HQHQ 'ROFKNOLQJHQ 6HHZDVVHU XQG 7LHUIHWW VDK LFK VDXEHUH XQG UHLQH +DXW 'LH $XJHQ EOLW]WHQ XQWHUQHKPXQJVOXVWLJ XQG NKQ 'DV /HGHU GHU 6WRII XQG GLH EURQ]HQHQ 7HLOH GHU *UWHO 6FKQDOOHQ XQG :DIIHQ ZDUHQ JOlQ]HQG XQG JHSIOHJW -HGHU YRQ LKQHQ EHZHJWH VLFK DOV ZWHQVLHJHQDXZDV]XWXQVHLDOVKDQGHOWHQVLHXQWHUGHP(LQIOXHLQHVLQQHUHQ%HIHKOV 6LH XQWHUVFKLHGHQ VLFK GHXWOLFK YRQ GHQ DQGHUHQ $FKDLHUQ RGHU .UHWHUQ GLH JDIIHQG XPKHUVWDQGHQXQGOHLVHPLWHLQDQGHUPXUPHOWHQ 'LH0lQQHUGHU5($ZXFKWHWHQGDV*HSlFNDXVGHP6FKLIIVEDXFK1HVWRUV/HXWHYHUOXGHQHV VFKQHOODXIGLH:DJHQ1HVWRU]RJPLFK]XPHUVWHQ)DKU]HXJ(LQ-XQJHVWHPPWHVLFKLQGLH =JHOGHU3IHUGH Ä:LUVLQGZRKOJHOLWWHQEHLP.|QLJ(UZHLGDLKU GDV2UDNHOEULQJHQZHUGHW,KUVROOWEHLGHQ7lQ]HQ]XVHKHQLQZHQLJHQ7DJHQVFKRQ Ä:HOFKH7lQ]H"IUDJWHLFK=ZLVFKHQXQVHUHQ)HQVWDSHOWHQVLFKGLH3DFNHQXQGZXUGHQ IHVWJH]XUUW1HVWRUUXFNWHDP=JHOGLH3IHUGHULVVHQGLH.|SIHKRFKXQGGHU-XQJHVSUDQJ ]XU6HLWH Ä'LHEHJDEWHVWHQ0lGFKHQYRQGHQ,QVHOQXQGYRP)HVWODQGZHUGHQDXVJHELOGHW6LHIKUHQ HLQHQ6FKHLQ7DQ]NDPSIPLWVRUJIl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Ä9RQZHPHUKLHOWHWLKUGHQ%HIHKOXQVDE]XKROHQXQGDOOHVYRU]XEHUHLWHQ" Ä&KDULVKDWXQVMHGH(LQ]HOKHLWPLWJHWHLOWZDUGLH$QWZRUWÄ6LHLVWEHUHLWVDEJHUHLVW Ä:RKHUNHQQVWGXVLH" Ä(LQ2UDNHOVSUXFKEUDFKWHPLFK]XLKUDOVVLHQRFKDXI$WODQWLVOHEWHXQGWDQ]WH ,FKKDWWHGHQ(LQGUXFNVRWXQ]XPVVHQDOVZUGHLFKMHQHUlWVHOKDIWH&KDULVNHQQHQ$OVR QLFNWHLFKVFKZHLJHQGXQGPDFKWHPLUPHLQH*HGDQNHQ+LQWHUPLUKRE3WDKGLH+DQG'LH :DJHQZDUHQEHODGHQ8QVHUH3IHUGH]RJHQDQPDFKWHQVFKQHOOHXQGZLOGH6lW]HXQGULVVHQ GHQKDOERIIHQHQ:DJHQQDFKYRUQ:LUKLHOWHQXQVIHVWXQGGLH)DKUWEHUGDVKROSULJH3IOD VWHUEHJDQQ'LH6WUDHIKUWHDXVGHP+DIHQKLQDXV XQG ]ZLVFKHQ JURHQ %lXPHQ VFKUlJ KLQDXI ]X GHQ +JHOQ 'DV /DXE KDWWH VLFK ]X IlUEHQ EHJRQQHQ WURW]GHP EOLHE HV ZDUP IDVW VWLFNLJ RKQH GHQ HUIULVFKHQGHQ :LQG'LH )HOJHQ NUDFKWHQDXIGHQ6WHLQHQGLH=XJWLHUHNHXFKWHQXQGVFKZLW]WHQGDPSIHQGXQVHU=XJDXV*H VSDQQHQ KROSHUWH LQ 6HUSHQWLQHQ ZHLWHU ,FK ZDUI HLQHQ %OLFN ]XUFN LQ GHQ +DIHQ GHU QXQ XQWHUXQVODJ'LH&+$5,6ZDUGDVVFK|QVWHXQGJU|WH6FKLII]ZLVFKHQDOOHQDQGHUHQ 1HVWRU GLH ZLUNOLFKH &KDULV XQG GLHVHV 6FKLII QRFK LPPHU ZDUWHWHQ 5lWVHO XQG XQEHDQWZRUWEDUH)UDJHQDXIXQV )HOGHU XQG :HLQJlUWHQ VlXPWHQ GLH 6WUDH .DNWHHQKHFNHQ XQG ZHQLJH ]HUIDOOHQH =lXQH +LQWHU ODQJJ]RJHQHQ 0DXHUQ DXV %UXFKVWHLQ XQWHU GHUHQ REHUVWHU 5HLKH ZDDJUHFKW JHOHJWH %QGHO DXV KDUWHP *HVWUSS XQG GRUQLJHQ bVWHQ GDV hEHUNOHWWHUQ YRQ 7LHUHQ YHUKLQGHUQ

VROOWHQ]HLJWHQVLFKYHUHLQ]HOWNOHLQHUH+lXVHUXQGHLQIDFKH6FKHXQHQ6FKOLHOLFKGRQQHUWH GLH5HLKHGHU:DJHQHLQJHUDGHV6WFN6WUDHHQWODQJ'HU%RGHQEHVWDQGDXV6DQGGUUHP *UDV XQG DXVJHIDKUHQHQ 6SXUHQ ,P 1X ZDUHQ ZLU LQ 6WDXEZRONHQ JHKOOW $P (QGH GHU 6WUDH GLH YRQ PlFKWLJHQ %lXPHQ EHUVFKDWWHW ZDU ZDUWHWH GDV +DXV DXI XQV 0lFKWLJH %DONHQ /HKP]LHJHO 6FKQLW]ZHUN XQG UDXFKHQGH .DPLQH ZDUHQ GLH lXHUHQ =HLFKHQ GHU *U|H XQG GHV $OWHUV 6RUJIlOWLJ JHVFKQLWWHQHV *UDV XPJDE GLH ZXFKWLJHQ 0DXHUQ XQG HUVWUHFNWH VLFK ELV ]X GHQ NQRWLJHQ :XU]HOQ GHU %lXPH :LU VSUDQJHQ DXV GHQ :DJHQ XQG EHJDQQHQGDV*HSlFNDXIGHQ(LQJDQJ]X]XVFKOHSSHQ 8QWHUGHQVFKZHUHQYRP$OWHUJHEHL]WHQXQGYRP5HJHQDXVJHZDVFKHQHQ%RKOHQWUDWHLQH VFKODQNHMXQJH)UDXKHUYRU1HVWRU|IIQHWHGLH6FKQDOOHGHV.LQQEDQGVXQGQDKPGHQ+HOP DE (U KLHOW LKQ XQWHU GHU OLQNHQ $FKVHO GHXWHWH DXI PLFK XQG EHJUWH GLH )UDX PLW HLQHP WLHIHQ1LFNHQ,FKVDKGD1HVWRUV+DDUVLO EHUQ IDVW ZHL ZDU IDVW YRQ GHU )DUEH PHLQHV HLJHQHQ +DDUHV 3O|W]OLFK VDK HU lOWHU XQG HUIDKUHQHUDXV Ä+LODHLUDGLH9HUWUDXWHYRQ&KDULVEHJUWGLFK$WODQ6LHZLUGIUGLFKXQGGHLQHQ)UHXQG VRUJHQVRODQJHLKUDXI.HIWLXVHLG8QGIUPLFKGHQNHLFKDXFKHLQZHQLJ 'LH )UDX WUXJ LKU +DDU GLFKW DQ GHQ .RSI JHZXQGHQ ,KU ZHLHV *HZDQG GXUFK %URQ]HVFKPXFNVWFNHDQGHQ6FKXOWHUQ]XVDPPHQJHKDOWHQUHLFKWHELV]XGHQ)HQGLHLQ 6DQGDOHQ PLW JHIORFKWHQHQ 5LHPHQ VWHFNWHQ 6LH EUHLWHWH GLH $UPH DXV XQG VDJWH PLW KHOOHU 6WLPPH Ä:LOONRPPHQ$WODQ'XVLHKVWVRDXVZLH&KDULVGLFKJHVFKLOGHUWKDW 6LHZDQGWHVLFKDQ3WDKGHUVLHKLQJHULVVHQPLWVHLQHQJURHQ$XJHQDQVWUDKOWH Ä8QGGXELVW3WDK6RNDUGHU0DQQDXV.KHP:LOONRPPHQDXFKGX,KUZHUGHWDOOHVILQGHQ ZDVNUHWLVFKH*DVWIUHXQGVFKDIWHXFKELHWHQNDQQ Ä:HQQVLHGHU6FK|QKHLWGHUUHGHJHZDQGWHQ+HUULQGHV+DXVHVHQWVSULFKWYHUVXFKWHLFKHLQ HKUOLFK JHPHLQWHV .RPSOLPHQW ÄZLUG VLH XQV IU GLH (QWEHKUXQJHQ GHU UDXKHQ 6HHIDKUW LQ YRUDXVHQWVFKlGLJHQ +LODHLUD GHXWHWH LQV ,QQHUH GHV +DXVHV 1DFK HLQLJHQ 6FKULWWHQ XPJDE XQV HLQH EDUEDULVFKH 3UDFKW GLH LKUHQ $XVGUXFN IDQG LQ KHUUOLFK JHVFKQLW]WHQ %DONHQ GLFNHQ :ROOWHSSLFKHQ ]DKOORVHQ )HOOHQ GLH DQHLQDQGHUJHKHIWHW ZDUHQ GXUFK 6FKLOGH GLH LP +DOEGXQNHO PDWW JOlQ]WHQ XQG GXUFK gOODPSHQ GLH EUHQQHQG JHJHQ GDV /LFKW DQNlPSIWHQ GDV GXUFK UXQGH 5DXFKDE]XJV|IIQXQJHQ XQG GXUFK VFKZHUH +RO]OlGHQ KHUHLQVLFNHUWH 'DV +DXV ZUGH PKHORVHLQHU%HODJHUXQJWURW]HQN|QQHQXQGGDIUZDUHVZRKODXFKHLQVWHUULFKWHWZRUGHQ (V URFK VWDUN QDFK NDOWHP 5DXFK XQG ]DKOORVHQ DQGHUHQ 'LQJHQ GDV +DXV YHUVWU|PWH GLH *HUFKHZLHHLQJURHUOHEHQGHU2UJDQLVPXV+LODHLUD]RJGHQ VFKZHUHQ9RUKDQJ]XU6HLWHXQGZLHVLQV,QQHUHGHV5DXPHV Ä(VLVWGHUVFK|QVWH3ODW]GHV+DXVHV,FKKRIIHGXIKOVWGLFKZRKO 9HUPXWOLFKZDUHQGLH+lXVHU.HIWLXVIUGDV/HEHQDP$EHQGXQGLQGHQ1lFKWHQJHGDFKW XQGDXFKDOV6FKXW]YRU+LW]HXQG:LQGHQ,KQHQIHKOWHGLHOLFKWGXUFKIOLUUWH.KOHGHU%DXWHQ DP 1LO XQG DQ DQGHUHQ .VWHQ GHV 0HHUHV ,FK VWLH GHQ +RO]ODGHQ DXI (U VFKZHQNWH DQ OHGHUQHQ6FKDUQLHUHQQDFKGUDXHQ6RQQHQOLFKW]HLFKQHWHHLQJUHOOHV7UDSH]DQGLHJHNDONWH :DQG Ä,FK ELQ VDJWH LFK QDFKGHQNOLFK ÄQRFK HLQLJHUPDHQ VSUDFKORV (QWVFKXOGLJH ZHQQ PLFK PHLQ8QZLVVHQ)HKOHUPDFKHQOlW:DVVDJWH&KDULVEHUPLFK" Ä'D GHLQ )UHXQG HUZLGHUWH GLH GXQNHOEORQGH )UDX XQG EHUKUWH GDV 'RSSHOD[WDPXOHWW DQ LKUHU%UXVWÄXQGGXZLFKWLJH0lQQHUJURH.ULHJHUXQG:LVVHQGHVHLG6LHZLUGYHUVXFKHQ HXUHQ:HJYRU]X]HLFKQHQXQGYRU]XEHUHLWHQ$XFKVLHLVW%HVWDQGWHLOHXUHV2UDNHOV Ä:HUGHQZLUVLHWUHIIHQ"IUDJWHLFK 8QVFKOVVLJKRE+LODHLUDGLH6FKXOWHUQ Ä,FKZHLHVQLFKW'DUEHUVSUDFKVLHQLFKWPLWPLU6LHLVWQDFK6SDUWDXQWHUZHJV Ä1DFK6SDUWD'XNHQQVWGHQ,QKDOWGHV2UDNHOV"

Ä+HXWHDEHQGZHUGHQZLUPLWHLQDQGHUVSUHFKHQLQGHU+DOOHXQGEHLHLQHPODQJHQ0DKO,KU ZHUGHW]XWXQKDEHQ3WDKXQGGX5XIWQDFKPLUZHQQLKUHWZDVEUDXFKW (LQH0HQJHYRQ0lJGHQ'LHQHUQ/HLEHLJHQHQXQG6NODYHQHEHQVRGLH0lQQHUGLH1HVWRU PLWJHEUDFKWKDWWHVFKOHSSWHQXQVHU*HSlFNLQV+DXV3WDKHUKLHOWGHQ5DXPQHEHQPHLQHP =LPPHU(LQ%DGXQGHLQSULPLWLYHU$EWULWWEHIDQGHQVLFKHLQLJH6FKULWWHZHLWHQWIHUQW'HU *HUXFK KHLHQ :DVVHUV XQG EUHQQHQGHQ +RO]HV EHZLHVHQ GD PDQ IU XQV %DGHZDVVHU YRUEHUHLWHWH ,FK EHWUDFKWHWH GDV 'XUFKHLQDQGHU GHU *HSlFNVWFNH JDE PLU HLQHQ 5XFN XQG ILQJ DQ HLQH NOHLQH 7UXKH DXV]XSDFNHQ :LH IDVW HUZDUWHW IDQG LFK .DUWHQ XQG JHWDUQWH *HEUDXFKVJHJHQVWlQGH DOOH MHQH 'LQJH GLH DXVVDKHQ DOV ZlUHQ VLH LQ GHU KHUUVFKHQGHQ .XOWXU HQWVWDQGHQ XQG YRQ KHLPLVFKHQ +DQGZHUNHUQ KHUJHVWHOOW ZRUGHQ 'LH .DUWHQ VlPWOLFKHU.VWHQGHV0HHUHVZDUHQWHLOZHLVHLQDUNRQLGLVFKHQ6FKULIW]JHQEHVFKULIWHW6LH ]HLJWHQLQ)RUPYRQ/XIWDXIQDKPHQMHGHVHLQ]HOQH+DXVDQGHQ8IHUQMHGHQ:HJXQGMHGH 6LHGOXQJ6LHVFKLHQHQDXIHFKWHP3DS\UXVJHSUlJW]XVHLQXQGLFKNRQQWHVLFKHUVHLQGDVLH YHUEODVVHQZUGHQZHQQXQVHUH0LVVLRQEHHQGHWZDU 'ROFKH ZDUHQ DOV /lKPVWUDKOHU ]X YHUZHQGHQ VLH EHVWDQGHQ DXV EHVWHP $UNRQVWDKO XQG VDKHQ DXV ZLH DXV %URQ]H JHJRVVHQ ,FK IDQG 6DOEHQ XQG 9HUEDQGV]HXJ 0HGLNDPHQWH XQG HLQ KHUUOLFKHV .DPSIEHLO LQ :LUNOLFKNHLW HLQ +RFKHQHUJLHVWUDKOHU 9RUVLFKWLJ XQG PLW %HGDFKWVRUWLHUWHLFKGLH*HJHQVWlQGHXQGPHUNWHPLULKUHQPHKUIDFKHQ9HUZHQGXQJV]ZHFN (LQH ZXQGHUEDU OHLFKWH 5VWXQJ PLW 6FKLOG XQG HLQHP +HOP PLW 3IHUGHVFKZHLI]LHU EDUJ DQGHUH (LJHQVFKDIWHQ GLH PLFK QLFKW XQDQJUHLIEDU DEHU LP NULWLVFKHQ )DOO XQEHVLHJEDU PDFKWHQ (LQ ODQ]HWWI|UPLJHV 6FKZHUW GHU %RJHQ PLW GHQ KHUYRUUDJHQGHQ 3IHLOHQ GHUHQ 6SLW]HQ XQG 6FKlIWH HEHQIDOOV JHKHLPQLVYROOH (IIHNWH KHUYRU]XUXIHQ YHUPRFKWHQ PHKUHUH *DUQLWXUHQ YRQ XQWHUVFKLHGOLFKHU .OHLGXQJ 6WLHIHOQ 6DQGDOHQ XQG DQGHUHQ Q|WLJHQ $XVUVWXQJHQ 6FKHLQEDU OHGHUQH $UPElQGHU HQWKLHOWHQ $EZHKUIHOGSURMHNWRUHQ 5LQJH GLH 6FKODQJHQ.U|WHQ'HOSKLQHQXQGGHQ*HVLFKWHUQYRQ*|WWHUQQDFKJHELOGHWZDUHQNRQQWHQ DXIYLHOIlOWLJH:HLVHEHQXW]WZHUGHQXQGVHOEVWGLH(GHOVWHLQHLQGHQZXFKWLJHQ)DVVXQJHQ ZDUHQHFKWXQGNRVWEDU,FKIDQGPQ]HQlKQOLFKH0HWDOOVFKHLEHQYHUVFKLHGHQHQ:HUWHVXQG HLQH LQQHUH 6WLPPH YRQ PHLQHU (UIDKUXQJ XQWHUVWW]W HUNOlUWH PLU GLH ZDKUH 1DWXU GHU $XVUVWXQJ $OVLFKSUREHZHLVHGHQOHLFKWHQ+HOPDXIVHW]WHXQGHLQHQlJ\SWLVFKHQ%URQ]HVSLHJHOKREXP PLFKDQ]XVHKHQHQWGHFNWHLFKLP6SLHJHOELOGPHLQHQ)UHXQGGHUDP7UVWXU]OHKQWH Ä=XIULHGHQ"IUDJWHHUPLWHLQHPEUHLWHQ*ULQVHQ ,FKVSUWHGDGHU+HOPVLFKZLHHLQ7XFKEHTXHPXQGVFKW]HQG]XJOHLFKDQPHLQHQ.RSI VFKPLHJWH,FKVFKWWHOWHGHQ.RSIXQGGHU3IHUGHVFKZHLIPLWVHLQHQVWDUUHQZHLHQ%RUVWHQ VFKZDQNWHXQGEHZHJWHVLFKDOVZUGHHUHLJHQHV/HEHQHQWZLFNHOQZROOHQ0HLQ+DDUZDU ]XODQJVDJWHLFKPLU Ä0LWGHU$XVUVWXQJMD0LWXQVHUHP$XIWUDJLFKZHLQRFKLPPHUQLFKWZDVLFKGDYRQ KDOWHQVROOHUZLGHUWHLFKOHLVH3WDKJLQJHVQLFKWDQGHUV'DV:LVVHQXQGHLQ$XIWUDJZDUHQ QXU HLQH 6HLWH GHU 0Q]H 7LHIHUH (LQVLFKWHQ XQG SHUV|QOLFKH 6LFKHUKHLW ZDUHQ GLH DQGHUH 'LHVH6HLWHIHKOWHXQVY|OOLJ Ä:LU KDEHQ QRFK KXQGHUWXQGYLHU]LJ 7DJH =HLW HQWJHJQHWH 3WDK XQG HV ZDU PLU IU HLQHQ $XJHQEOLFN DOV VSUlFKH HU lKQOLFK EHGHXWXQJVYROO XQG ]ZHLGHXWLJ ZLH XQVHU 2UDNHO Ä:LU ZHUGHQ DOOHV KHUDXVILQGHQ -HGHQHLQ]HOQHQ =XVDPPHQKDQJ 'DV JHVDPWH $XVPD GDV PLW GHP IOLHJHQGHQ 6WFN /DQG HLQKHUJHKW 6DJWH GLU GLHVH XQHQGOLFK EH]DXEHUQGH +HUULQ GHV HUGLJGXPSIHQ3DODVWVLQGHPZLU]XKDXVHQGLH(KUHKDEHQGDKHXWH*lVWHDXVGHP3DODVW ]X.QRVVRVNRPPHQZHUGHQ" Ä1HLQ,FKVHKHGDGXHLQ$XJHDXIVLHJHZRUIHQKDVW6LQGHVLKUH$XJHQRGHULVWHVLKU 6FKZDQHQKDOV" Ä0HKUDOVDOOH(LQ]HOKHLWHQGLH6XPPHLVWHV Ä,FKKRIIHGDLQGHUZHQLJHQ=HLWGLHZLUYHUPXWOLFKDXI.QRVVRVYHUEULQJHQZHUGHQGHLQ

:HJ]XP=LHOIKUW Ä'HU :HJ ]X &KDULV IKUW EHU +LODHLUD $EHU QLFKW QXU GHVZHJHQ YHUVLFKHUWH HU PLU DXJHQ]ZLQNHUQGÄILQGHLFKVLHKLQUHLHQG2EZRKOPHLQWHHUQDFKNXU]HUhEHUOHJXQJÄLFK QDFKHLQHPVROFKODQJHQ6FKODIDQ GHLQHU6HLWHPHLQ)UHXQGMHGHV:HVHQPLWGHQ8PULVVHQHLQHU)UDXKLQUHLHQGILQGH Ä9HUVWlQGOLFKHUZHLVH8QWHUVFKHLGHQVLFKGHLQH(6*HVFKHQNHYRQPHLQHQ" Ä1XUXQZHVHQWOLFKDQWZRUWHWHHU Ä'XKDVWGLH'RSSHOEHGHXWXQJHUNDQQW" Ä0KHORV 0LU LVW DOV ZlUH HV QLFKW GDV HUVWHPDO GD LFK DQ HLQHP PLW %URQ]HQlJHOQ YHU]LHUWHQ$UPVFKXW]HLQHQ.QRSIILQGHGHUJHGUFNWZHUGHQNDQQXQGPLWGHVVHQ+LOIHVLFK VFKZHUH+RO]VHVVHO]XU6HLWHVFKOHXGHUQODVVHQDOVEHVWQGHQVLHDXV3DS\UXV ,FKPXWHODFKHQ Ä(V LVW DXFK GDV HUVWHPDO GD LFK GDYRQ EHU]HXJW ELQ 7DXVHQGH XQG DEHU 7DXVHQGH YRQ 0HQVFKHQGDGXUFK]XUHWWHQGDLFKPLFKDOV%HVHVVHQHUHLQHV2UDNHOVDXVJHEHGDVDQPLFK HUJDQJHQLVW Ä'DVZDKUH$EHQWHXHUXQGDOOH*HIDKUHQILQGHQ]XHUVWLQXQVHUHQ.|SIHQVWDWW$WODQ Ä$EHUPDOVULFKWLJ3WDK:DUWHQZLUGDUDXIZDVGHU$EHQGHUJHEHQZLUG Ä'DVWXQZLU *HQDX GDV WDWHQ ZLU :LU QDKPHQ HLQ KHLHV %DG LQ HLQHP JHPDXHUWHQ WLHI LQ GHQ %RGHQ HLQJHODVVHQHQ %HFNHQ XQG WURFNQHWHQ XQV PLW UDXKHQ :ROOWFKHUQ DE 'DQQ OHJWHQ ZLU GLH 6WLHIHODXVGQQHP/HGHUDQLQGHUHQ6FKlIWHQVFKPDOH'ROFKHVWHFNWHQGLHDOV/lKPVWUDKOHU ]XYHUZHQGHQZDUHQ.XU]H5|FNHDXV/HGHUHLQHQEUHLWHQPLW%URQ]HSODWWHQEHVFKODJHQHQ /HGHUJUWHO HLQ :DPV DXV NQVWOLFKHP 6FKDIIHOO OHGHUQH $UPElQGHU HLQ KHPGDUWLJHV .OHLGXQJVVWFN PLW ZHLWHQ bUPHOQ GDV ZDU XQVHU$XI]XJ:LUZDUHQHQWVSDQQWXQGGDKHU ILHOHVXQVOHLFKWHUQVWHXQGGHP$QODHQWVSUHFKHQGH*HVLFKWHU]XPDFKHQ 'DVGXQNOH+DXVYRQPLQGHVWHQV]Z|OI'XW]HQGUXHQGHU)DFNHOQXQGEODNHQGHUgOODPSHQ QRWGUIWLJ HUKHOOW YHUVFKOXFNWH XQV XQG JDE XQV DQ HLQHP GHU YLHOHQ (LQJlQJH ]XU +DOOH ZLHGHUIUHL (LQ PlFKWLJHV )HXHU ORGHUWH DQ GHQ 5lQGHUQ HLQHV *OXWNUHLVHV IDVW YLHU (OOHQ LP 'XUFKPHVVHU hEHU GHP )HXHU GUHKWHQ VLFK EURQ]HQH 6SLHH )OHLVFKVWFNH ]LVFKHQGH /DXFKVWUQNH JHGULWWHOWH =ZLHEHOQ 6SHFNVFKHLEHQ YHUVFKLHGHQH DQGHUH %URFNHQ GLH ZLU QLFKW NDQQWHQ GLH DEHU DOOHVDPW JXW URFKHQ VWHFNWHQ DXI GHQ 6WDQJHQ (V URFK QDFK :HLQ 0LQGHVWHQVIQI]LJ0HQVFKHQVDHQLQPHKUHUHQ.UHLVHQXPGDV+HUGIHXHU=ZLVFKHQLKQHQ EHZHJWH VLFK GLH MXQJH )UDX ZLH HLQ JUD]L|VHU 6FKDWWHQ +HLVHUHV *HOlFKWHU PLVFKWH VLFK LQ GDV .OLUUHQ YRQ PHWDOOHQHQ %HFKHUQ $OV ZLU KHUHLQWUDWHQ XQG PDQ XQV VDK HUVWDUEHQ GLH /DXWHXQGGLH*HVSUlFKH ,FKKREODQJVDPGLH+DQGXQGVDJWHPLWVFKOHSSHQGHU6WLPPH Ä(XUH )U|KOLFKNHLW VROO QLFKW XQWHUEURFKHQ ZHUGHQ 7URW]GHP ZHUGHQ ZLU HXFK EHULFKWHQ ZHOFKH%RWVFKDIWZLUPLWXQVWUDJHQ Ä0DQ GDUI XQV WURW]GHP HLQHQ %HFKHU :HLQ UHLFKHQ IJWH 3WDK KLQ]X :LU WUDWHQ DXI ZLH =ZLOOLQJH 3WDK ZDU QXU HLQLJH )LQJHUEUHLW ZHQLJHU JUR DOV LFK $OOH *HVLFKWHU ZDUHQ XQV ]XJHZDQGW DOV ZLU LQ GDV URWH ]XFNHQGH /LFKW GHV )HXHUV WUDWHQ +LODHLUD EOLHE YRU XQV VWHKHQLQMHGHU+DQGHLQHQVLOEHUQHQ3RNDO Ä)UHXFKVDJWHVLHÄ'HU5DWJHEHUGHV.|QLJVLVWHEHQVRKLHUZLH]ZHLVHLQHU.RQNXELQHQ :LU VHW]WHQ XQV LQ QLHGULJH *HVWHOOH EHU GLH PHKUHUH /DJHQ YRQ VLOEHUJUDXHQ :ROIVSHO]HQ JHZRUIHQZDUHQ(LQ0DQQLQPLWWOHUHQ-DKUHQPLWVFKPDOHP*HVLFKWXQGHLQHP+DDUNUDQ] GHUDQGHQ6FKOlIHQEHJDQQXQGLP1DFNHQHQGHWHULFKWHWHQDFKHLQHU:HLOHGLHHUVWH)UDJH DQXQV Ä,KUVHLGYRP2UDNHOKLHUKHUJHWULHEHQZRUGHQVDJWHPDQPLU8QGGDV2UDNHOVSULFKWYRQ =HUVW|UXQJ 9HUQLFKWXQJ XQG 7RG :HUGHW LKU GLHVHV 2UDNHO YHUNQGHQ" :DV VROOHQ ZLU GDYRQKDOWHQ"

'HU:HLQZDUNKOXQGZHQLJYHUZlVVHUW,FKQDKPHLQHQ6FKOXFNXQGK|UWH3WDKDQWZRUWHQ Ä(LQ*RWWKDWXQVGLHVHV:LVVHQHLQJHJHEHQ-HGHUGHU]lKOHQNDQQVROOQDFK]lKOHQ,QIQI 0RQGHQDOVRLQKXQGHUWYLHU]LJ7DJHQ (UVFKLOGHUWHNQDSSXQGRKQHVRQGHUOLFKJURDUWLJH:RUWHZDVZLU]XVDJHQKDWWHQ(UVDJWH GD HLQ ULHVLJHV 6WFN )HOV VLFK DXV KHLWHUHP +LPPHO KHUXQWHUVHQNHQ XQG HLQH )OXWZHOOH DXVO|VHQ ZUGH (LQH ULHVLJH :HOOH GLH VlPWOLFKH .VWHQ YHUZVWHQ ZUGH GLH 6FKLIIH )HOVHQ 6WUDQGH XQG %lXPH XPKHUZLUEHOWH ZLH HLQ :LQGVWR GLH )HGHUQ HLQHV JHUXSIWHQ +XKQHV 6HOEVWGLH6NODYHQYHUJDHQGLH6SLHHZHLWHU]XGUHKHQ(LQVFKDUIHU=XUXIGHU+DXVKHUULQ EUDFKWHVLHDXVGHU/lKPXQJZLHGHUKHUDXV$OV3WDKHQGHWHIJWHLFKKLQ]X Ä:LUVLQGQXU:HUN]HXJH:LUZLVVHQQLFKWV$EHUZLUJODXEHQGDGDV2UDNHOGLH:DKUKHLW VDJWGLH:DKUKHLWEHUGDVZDVLQIQI0RQGHQJHVFKLHKW)UDJWXQVQLFKWVGHQQZLUDKQHQ QLFKWHLQPDOZLHGDV2UDNHO]XHUNOlUHQLVW1RFKKDEHQZLUDOOHUXQGIQI0RQGH=HLWXQV ]XUHWWHQ Ä:HU VDJW XQV ZLH ZLU XQV UHWWHQ N|QQHQ" ULHI DXV HLQHU (FNH HLQH )UDX ,Q *ULHFKHQODQG GLHVHU=HLWZDUGLH)UDXGLH+HUULQGHV+DXVHVXQGKDWWHYRQJHZLVVHQ$XIJDEHQDEJHVHKHQ GLHQXU0lQQHUOHLVWHQNRQQWHQIDVWGLHVHOEHQ5HFKWHZLHLKUH3DUWQHU Ä:LHUHWWHWVLFKHLQ6HHPDQQYRUGHP6WXUP":LHUHWWHWPDQVLFKDQ/DQGYRU5HJHQ.lOWH XQG:DVVHUIOXWHQ",FKZHLGDGLH$OOPXWWHUHVNHLQHP0HQVFKHQOHLFKWPDFKW$EHUMHGHU VROOQDFKVLQQHQXQGVLFKYRUEHUHLWHQ'DVLVWHVZDVGDV2UDNHOXQVVDJWHQLFKWPHKU ,FK OHHUWH PHLQHQ %HFKHU XQG GDQQ EHJDQQ YRQ ]DKOORVHQ )UDJHQ XQG $QWZRUWHQ XQWHUEURFKHQGDV(VVHQ'LH%UDWHQVWFNHYRQGHQ6SLHHQZXUGHQDXI +RO]EUHWWHUQJHUHLFKW%OXWMXQJH6NODYLQQHQKLHOWHQXQV6FKDOHQPLWJUREN|UQLJHP0HHUVDO] HQWJHJHQ 9HUEOIIHQGHUZHLVHVFKPHFNWHGLH0LVFKXQJDXV)OHLVFKXQGJHEUDWHQHP*HPVHJXW$OOH *lVWH ULVVHQ I|UPOLFK GLH %URFNHQ YRQ GHQ 6SLHHQ 0DQ D PLW )LQJHUQ XQG PLW +LOIH GHU 'ROFKH 7URW] DOOHU EDUEDULVFKHQ )U|KOLFKNHLW KDWWHQ XQVHUH :RUWH WLHIHQ (LQGUXFN KLQWHUODVVHQ :LU UHFKQHWHQPLWHLQHP9HUYLHOIlOWLJXQJVHIIHNW0lQQHUXQG)UDXHQYRQHLQLJHP(LQIOXK|UWHQ ]X ZDUHQ P|JOLFKHUZHLVH EHHLQGUXFNW XQG WUXJHQ GLHVH %RWVFKDIW RGHU :DUQXQJ ZHLWHU VSUDFKHQGDUEHUIOVWHUWHQXQGVRUJWHQGDIUGDHVYLHOHDQGHUHK|UWHQ8QVHUH:DUQXQJ ZDUGHXWOLFKXQGYHUKLH7RGXQG9HUZVWXQJ1LHPDQGZUGH*UXQGKDEHQDQGHU$XVVDJH ]X]ZHLIHOQ :LUDHQGXQNOHVIULVFKHV%URW]XGHQ%UDWHQVWFNHQ(LQH$UW6HNUHWlUYRQ0LQRRVOXGXQV HLQ DP EHUQlFKVWHQ 0RUJHQ ]XP 3DODVW ]X NRPPHQ XQG GHQ 6WLHUWlQ]HULQQHQ ]X]XVHKHQ 9LHOOHLFKW ZUGH DXFK 0LQRRV DQZHVHQG VHLQ XQG VHLQ :RUW DQ XQV ULFKWHQ 3WDK XQG LFK PXVWHUWHQ GLH *HVLFKWHU DOOHU *lVWH ,FK SUlJWH VLH PLU HLQ XQG NHLQHV GDYRQ ZUGH LFK MH ZLUNOLFKYHUJHVVHQ 'LH*HVLFKWHUZDUHQQLFKWPHKUGLHMHQLJHQXQNXOWLYLHUWHU%DUEDUHQ7DWVlFKOLFKJHK|UWHQVLH ]X GHQNHQGHQ ,QGLYLGXHQ GLH JHOHUQW KDWWHQ GD VLH 7HLO HLQHV .RVPRV ZDUHQ GHU YRQ K|KHUHQ 3ULQ]LSLHQ JHOHQNW XQG JHOHLWHW ZXUGH GHQ VLH DEHU GXUFK LKU YHUQXQIWJHVWHXHUWHV 9HUKDOWHQLQHQJHP5DKPHQEHHLQIOXVVHQNRQQWHQ Ä:LHODQJHEOHLEWLKULQ.QRVVRV"6DJWHGDV2UDNHOHWZDVGDUEHUDXV"ZDUHLQHGHUYLHOHQ )UDJHQ 1HVWRU KDWWH ELVKHU JHVFKZLHJHQ XQG VLFK LP +LQWHUJUXQG JHKDOWHQ =ZLVFKHQ 3WDK XQG PLU VD +LODHLUD XQG GLULJLHUWH PLW NQDSSHQ +DQGEHZHJXQJHQ XQG OHLVHQ %HIHKOHQ GLH 'LHQHUXQG'LHQHULQQHQ,KU%OLFNZDUHEHQVRVFKQHOOXQGZDFKZLH3WDKV$XJHQ$EXQG]X ZHFKVHOWHQGLHEHLGHQHLQLJH:RUWHXQGVLHVFKDXWHOlQJHULQVHLQ*HVLFKWDOVHVQRWZHQGLJ JHZHVHQZlUH+LQXQGZLHGHUEHUKUWHQVLFKLKUH+lQGH Ä,QZHQLJHQ7DJHQVHJHOQXQGUXGHUQZLUPLWGHU&+$5,6GDYRQVDJWHLFK Ä-HW]WEHL%HJLQQGHUZLQWHUOLFKHQ6WUPH" Ä:LUKDEHQNHLQH:DKOHUNOlUWH3WDKÄ:LUPVVHQXQVHUH9RUEHVWLPPXQJHUIOOHQ

'LHYLHOHQ(LQGUFNHXQGODQJH*HVSUlFKHGLHVLFKELVWLHILQGLH1DFKWKLQ]RJHQOLHHQXQV PGHZHUGHQ=XVDPPHQPLW+LODHLUDYHUDEVFKLHGHWHQZLUGLH*lVWHDQGHUZXFKWLJHQ3IRUWH 'LH KHOOHQ 6WHUQH XQG HLQH EUHLWHUH 0RQGVLFKHO IXQNHOWHQ EHU XQV DOV ZLU DOOHLQ ]XUFNEOLHEHQ Ä%HL GHQ HZLJHQ 6WHUQHQ VDJWH GLH MXQJH )UDX XQG LFK EHPHUNWH GD LKUH )LQJHU LQ GHU +DQG3WDKVODJHQÄHLQVROFKHV3DDUYRQ*lVWHQKDWHLQ+DXVQRFKQLHPDOVJHVHKHQ Ä,FKNDQQGLUEHVRQGHUVPHLQHQ)UHXQGDQV+HU]OHJHQVDJWHLFKLQJXWPWLJHP6SRWWÄ$OV *DVW LVW HU XQEHUWURIIHQ 1RFK OLHEHU ZlUH PLU JHZHVHQ ZHQQ XQWHU GHQ *lVWHQ GLH XQYHUJOHLFKOLFKH&KDULVJHZHVHQZlUH Ä:HQQGDV2UDNHOHVZLOOZHUGHWLKUVLHQRFKYRU$XVEUXFKGHU.DWDVWURSKHWUHIIHQVDJWH +LODHLUDÄ,KUVHLGPGH" Ä0HKU DOV GDV HUZLGHUWH LFK QLFNWH LKQHQ ]X XQG IDQV LP :LUUZDUU GHU UDXFKHUIOOWHQ .RUULGRUHPHLQHQ:HJLQPHLQH.DPPHU%HLZHLWJH|IIQHWHP/DGHQVFKOLHILFKHLQDXIGLH *HUlXVFKHGHV+DXVHVODXVFKHQG,UJHQGZDQQJODXEWHLFKOHLVHV*HOlFKWHUXQGGLH6WLPPHQ YRQ +LODHLUD XQG 3WDK ]X K|UHQ XQG VSlWHU GLH /DXWH LKUHU /HLGHQVFKDIW $EHU NXU] QDFK GLHVHQ(LQGUFNHQVXFKWHPLFKHLQH9LVLRQKHLP (VZDUHLQHUMHQHUVHOWHQHQ7UlXPHGLHPDQQLFKWVRIRUWQDFKGHP(UZDFKHQYHUJD,FKZDU QRFKDP 0LWWDJGHVIROJHQGHQ7DJHVLQGHU/DJHMHGH(LQ]HOKHLWH[DNW]XVFKLOGHUQ ,FKWUlXPWH,QHLQHPJURHQ5DXPGHUYRQYDJHP6WHUQHQOLFKWHUIOOWZDUVWDQGHQPHKUHUH 'XW]HQG0HQVFKHQ6LHZDUHQLQGLH.OHLGXQJYHUVFKLHGHQHU(SRFKHQRGHU.XOWXUHQJHKOOW XQGEHZHJWHQVLFKXQJHGXOGLJ$EXQG]XEOLW]WHGDVYDJH/LFKWDXIVFKLPPHUQGHQ:DIIHQ RGHU6FKQDOOHQDXI :DUHVHLQHULHVLJH+|KOHRGHUXPVWDQGHQZXFKWLJHYHU]HUUWJHIRUPWH)HOVHQGLH)OlFKHDXI GHU ZLU VWDQGHQ" 0XUPHOQGH *HUlXVFKH YRQ OHLVHQ )UDJHQ XQG $QWZRUWHQ GDV 3OlWVFKHUQ HLQHU4XHOOHXQGGLH/DXWHKHUDEIDOOHQGHU7URSIHQZDUHQGLH*HUlXVFKNXOLVVH,FKVDK)UDXHQ XQG0lQQHUXQWHUGHQ:DUWHQGHQMXQJH0HQVFKHQXQGlOWHUH(LQ:LQGVWRIXKUGXUFKGLH gIIQXQJHQ LQ GHQ )HOVHQ GLH ZLH /|FKHU LQ 7RWHQVFKlGHOQ DXVVDKHQ 0HLQ ([WUDVLQQ IOVWHUWH 'XZDUWHVWPLWDOOHQDQGHUHQDXIGHQ6SUXFKGHV2UDNHOV $OV LFK PLFK XPGUHKWH XQG YHUVXFKHQ ZROOWH ]X HUNHQQHQ ZHU GLHVH UXKHORVHQ *HLVWHUJHVWDOWHQZDUHQEUDQGHWHGLFKWEHUGHP%RGHQZHLOLFKHU1HEHOGLFNZLH:DVVHULQ GLH2UDNHOVWlWWHKHUHLQ(LQH6WLPPHGHUHQ.ODQJYRQDOOHQ6HLWHQDXVGHP%RGHQXQGDXV GHQULHVLJHQgIIQXQJHQGHU'HFNHDXIXQVKHUHLQVFKOXJULXQVLQLKUHQ]ZLQJHQGHQ%DQQ Ä,KUVHLGMHQHYRQGHQHQGDV2UDNHOLQDOOH6WlGWHXQG6LHGOXQJHQJHWUDJHQZHUGHQVROO 'HU1HEHOlQGHUWHODXWORVVHLQH)DUEH(UZXUGHGXQNHOURWXQGNURFKXPKHUZLHGDPSIHQGHV %OXW (LQ QHXHU 6FKDXHU IXKU EHU PHLQHQ 5FNHQ 'HU QlFKVWH 6DW] EHZLHV GD GLH 0HQVFKHQJUXSSHQLFKW]XIlOOLJKLHUYHUVDPPHOWZDU'LH2UDNHOVWLPPHGU|KQWH Ä,KUVHLGGLH%RWHQGHV2UDNHOV,KUKDEWHXFKQLFKWHLQ]XPLVFKHQLQGLHYLHOIlOWLJHQ)RUPHQ GHU %H]LHKXQJHQ GLH HQWODQJ GHU 8IHU EHVWHKHQ ,KU VHLG VWDUN VFKQHOO XQG NOXJ -HGHU YRQ HXFKVROOGLH5HJHOQGHU *DVWIUHXQGVFKDIW DFKWHQ DEHU ODW HXFK QLFKW ]X :HUN]HXJHQ GHU .|QLJH XQG +HUUVFKHU PDFKHQ*HKW]XGHQ0HQVFKHQVHW]WUFNVLFKWVORVHXUH0DFKWHLQXQGEHU]HXJWVLHDOOHGD GLH :HOWHQNDWDVWURSKH GURKW HLQH )OXW XQG GHU PDQQLJIDFKH 7RG GXUFK UlXEHULVFKH 5LHVHQEHVWLHQ,FKZHUGHHXFKKHOIHQXQG 6FKLIIHEHUHLWVWHOOHQ:DJHQJHVSDQQHXQG+HOIHU (VVLQGWDXVHQGPDO7DXVHQGHYRQ0HQVFKHQGLHGLHVHV2UDNHOHUIDKUHQPVVHQ 'LH 0DFKW GHU 6WLPPH ZDU JUR ,FK VSUWH ZLH VLH XQV 6WlUNH XQG 6HOEVWEHZXWVHLQ YHUPLWWHOWH 'HU 1HEHO NOHWWHUWH K|KHU XQG EHJDQQ VFKZDFK ]X OHXFKWHQ (U ZXUGH MHW]W JHOEOLFK XQG REZRKO HU 7HLOH GHU *HVWDOWHQ YHUKOOWH NRQQWH LFK GLH +HOPH XQG GLH 5VWXQJHQVHKHQGLHElUWLJHQ*HVLFKWHUGLH.|USHUGHU)UDXHQ,QGHU0LWWHGHU*URWWHVWDQG HLQHGXQNHOKlXWLJH)UDXPLWVFKPDOHPIDVWlJ\SWLVFKHP.RSIIDVWVRJURZLHLFK6LHWUXJ

HLQNXU]HV:DPVNQLHHKRKH6WLHIHOXQGHLQHQNXU]HQ5RFN$XIGHU+DXWVDKLFKHLQH8Q]DKO NOHLQHU OHXFKWHQGHU 3XQNWH GLH ZLH 2UQDPHQWH DXV 3HUOHQVFKQUHQ DXVVDKHQ (LQ 1HEHOVFKZDGHQ YHUVFKOXFNWH VLH ZDU GLHV &KDULV GLH Ä$QPXW QDFK GHQ 6DJHQ QDPHQVJOHLFKPLWGHU*DWWLQGHV9XONDQJRWWHV":LHGHUVSUDFKGDV2UDNHO]XXQV Ä,KU VHLG PHLQH :HUN]HXJH 'LH %RWHQ GHV 2UDNHOV YRQ 6DLV XQDQWDVWEDU XQG PlFKWLJ ,KU ZHUGHW EDOG DXVHLQDQGHUJHKHQ DEHU MHGHU YRQ HXFK ZLUG LPPHU ZLHGHU GLH 6SXUHQ GHU DQGHUHQ NUHX]HQ :DUQW MHGHQ 6RUJW GDIU GD GLH +HUUVFKHU LKUH %RWHQ LQV 8PODQG VFKLFNHQ =ZLQJW VLH ]X KDQGHOQ =ZLQJW VLH PLW 0LUDNHOQ GXQNOHQ :RUWHQ %HVFKZ|UXQJHQ XQG 'URKXQJHQ:DVHXFKHLQIlOOWNDQQQW]OLFKVHLQMHGHV0LWWHOLVWUHFKW(VLVWGLH+HUUVFKDIW GHV2UDNHOVYRQGHUGLHVHHXUH:HOWJHUHWWHWRGHULQGHQDEJUXQGWLHIHQ7RGJHVWU]WZHUGHQ NDQQ+DQGHOWVRDOVZlUHWLKUHEHQVRJHIlKUGHWZLHDOOHDQGHUHQ0HQVFKHQ,KUVHLGQlPOLFK HEHQVR JHIlKUGHW (XFK W|WHW GLH )OXWZRJH HEHQVR VFKQHOO ZLH GLH DQGHUHQ 'LH %HVWLHQ GHV :HOWHQHLODQGV ZHUGHQ HXFK JHQDXVR ]HUIOHLVFKHQ ZLH DOOH DQGHUHQ 0HQVFKHQ HQWODQJ GHU .VWHQXQGWLHIKLQHLQLQV/DQG (LQ IDXFKHQGHU :LQGVWR IXKU GXUFK GLH +|KOH 'HU JHOEH 1HEHO ZXUGH GXUFKHLQDQGHUJHZLUEHOW XQG ]XU 6HLWH JHWULHEHQ 7LHIJUQ VFKLOOHUQGHU 1HEHO GHU QDUNRWLVFK ]XULHFKHQEHJDQQTXROODXVYHUERUJHQHQgIIQXQJHQ:LHGHUVWDUUWHLFK&KDULVDQGLHHLQLJH 6FKULWWH ]XU 6HLWH JHPDFKW KDWWH XQG PLU GDV 3URILO LKUHV *HVLFKWV XQG GDV ZHLWDXV DXIUHJHQGHUHGHV.|USHUV]XZDQGWH'LH3HUOHQOLQLHQDXILKUHP.|USHUJOLPPWHQDXIUHJHQG (LQQHXHU:LUEHOGHVJUQHQ5DXFKHVYHUVFKOXFNWHGDVDXIIDOOHQGH%LOG Ä,KU ZHUGHW KHXWH QRFK DQ HXUH $XIJDEHQ JHKHQ -HGHU ZHL ZDV ]X WXQ LVW ZR XQG DXI ZHOFKH:HLVH'DV2UDNHOZLUGHXFKLQDOOH5LFKWXQJHQ]HUVWUHXHQDQMHGHQ3XQNWGHU.VWH VFKZHPPHQ LQ ]DKOORVH $EHQWHXHU XQG *HIDKUHQ VWU]HQ XQG HLQLJH YRQ HXFK ZHUGHQ EHL GHP9HUVXFKDQGHUH0HQVFKHQ]XUHWWHQYHUOHW]WZHUGHQXQGVWHUEHQ0HLQH*HGDQNHQVLQG XQXQWHUEURFKHQ EHL HXFK ,FK NDQQ NHLQH :XQGHU ZLUNHQ DEHU LFK NDQQ XQG ZHUGH HXFK KHOIHQZRLPPHULFKHVNDQQ $E XQG ]X ZHUGHQ NKQH *HGDQNHQ IXQNHOQGH (LQIlOOH XQG DEHQWHXHUOLFKH %OLW]H GHV 9HUVWDQGHVHXFKKHLPVXFKHQ*HEWLKQHQQDFK1LFKWVNDQQDEHQWHXHUOLFKJHQXJVHLQXPGLH 0HQVFKHQ]XEHHLQIOXVVHQ1LFKWVDEHUDXFKQLFKWVLVWZLFKWLJHUDOVHXHU$XIWUDJGHQLKUYRQ PLUGHP2UDNHOHPSIDQJHQKDEW ,KUZHUGHWYHUJHVVHQZDVKLHUJHVFKHKHQLVW$EHUGHQ6LQQGHVVHQZDVLKULQGHU+|KOHGHV 2UDNHOVHUIDKUHQKDEW ,FK GUHKWH PHLQHQ .RSI QDFK UHFKWV 0HLQ %OLFN VXFKWH &KDULV 6LH ZDU SO|W]OLFK YHUVFKZXQGHQ $EHU YRQ OLQNV VWUDKOWH HLQH KHOOH /LFKWIOXW LQ GLH *URWWH 8QVHUH 6FKDWWHQ ZXUGHQDQHLQHJHJHQEHUOLHJHQGH:DQGJHZRUIHQXQG]HLFKQHWHQVLFKGRUWPLWVFKPHU] KDIWHU6FKlUIHDEZLH6FKHUHQVFKQLWWH'LH6FKDWWHQZDUHQLQGHU0LWWHGHU:DQGVFKDUIXQG GHXWOLFKXQGZLFKHQNRQWXUORVHUZHUGHQGQDFKUHFKWVXQGOLQNVDXV 'LH +|KOH ZXUGH YRQ VFKHLQEDU NRFKHQGHP HLVNDOW EODXHP 1HEHO HUIOOW XQG SO|W]OLFK UL GHU7UDXPDEO|VWHVLFKGLH9LVLRQDXI,FKIXKUVFKZHLJHEDGHWLQGLH+|KHXQGZXWHGD LFK GLH (LQ]HOKHLWHQ ]ZDU YRUGHUJUQGLJ YHUJHVVHQ DEHU QLHPDOV ZLUNOLFK DXV PHLQHP %HZXWVHLQZUGHYHUGUlQJHQN|QQHQ 2E HV QXQ HLQ 7UDXP JHZHVHQ ZDU RGHU RE LFK HWZDV HUOHEW KDWWH GDV ZHQLJVWHQV IU DOOH DQGHUHQ %HWHLOLJWHQ GLH :LUNOLFKNHLW JHZHVHQ ZDU EHGHXWHWH QLFKWV ,FK ZXWH UXQG ]ZHL 'XW]HQG 0HQVFKHQ ZXWHQ GDVVHOEH KDWWHQ GDVVHOEH HUIDKUHQ XQG VLH KDOIHQ 3WDK XQG PLU XQVHUHQ$XIWUDJDXV]XIKUHQ +DWWH(6DXFKGLHVH=XVDPPHQNXQIWDUUDQJLHUW" 1RFK HKH LFK LP VFKZLQGHQGHQ /LFKW GHU 6WHUQH GDUEHU QDFKGHQNHQ NRQQWH EHUPDQQWH PLFKWURW]GHV=HOOVFKZLQJXQJVDNWLYDWRUVZLHGHUGHU6FKODI

$EHUPDOV JODXEWH LFK 7HLO HLQHU 9LVLRQ ]X VHLQ $OOH (LQ]HOKHLWHQ ZDUHQ JHHLJQHW PLFK GDYRQ]XEHU]HXJHQ $XV %RKOHQ XQG TXHU HLQJHIXJWHQ %DONHQ DXV 6WHLQPDXHUQ XQG ULHVLJHQ )HOVWUPPHUQ ZDU XQZHLW GHV 3DODVWV YRQ .QRVVRV HLQH NUHLVI|UPLJH )OlFKH XP]lXQW ZRUGHQ 0LQGHVWHQV YLHUKXQGHUW0HQVFKHQXPVWDQGHQGLH$UHQD)UHLQ)QIWHOYRQLKQHQKDWWHPDQDXV6WHLQHQ XQG /HKP]LHJHOQ PHKUHUH 5HLKHQ YRQ DXIVWHLJHQGHQ 6LW]UHLKHQ JHPDXHUW (WZD IQI]HKQ MXQJH 0lGFKHQ PLW JODWWHQ *OLHGHUQ EHIDQGHQ VLFK LP ,QQHUQ GHV .UHLVHV HLQLJH VDHQ DXI GHQ 0DXHUNDQWHQ XQG OLHHQ GLH %HLQH EDXPHOQ ,P =HQWUXP EHIDQG VLFK HLQ PXVNHOVWDUUHQGHU 6WLHU PLW EUHLW DXVODGHQGHP *HK|UQ 6HLQ $WHP GDPSIWH LQ ]ZHL EUHLWHQ 6lXOHQ DXV VHLQHQ 1VWHUQ $XIJHUHJW ZLUEHOWH VHLQ 6FKZHLI LP .UHLV XQG VHLQH $XJHQ PXVWHUWHQGLH0lGFKHQ'LH6WLHUWlQ]HULQQHQWUXJHQQLFKWPHKUDQLKUHQHLQJH|OWHQ.|USHUQ DOVHLQHQVFKPDOHQ/HQGHQVFKXU]DXV/HLQHQRGHUGQQHPZHLHQ/HGHU ,FKDVVR]LLHUWHGLH$QRUGQXQJPLW*HIDKU1LFKWVRGLH0lGFKHQ.HLQHVYRQLKQHQZDUlOWHU DOVIQI]HKQ6RPPHU6LHZDUHQODQJEHLQLJPLWDQPXWLJHQ%HZHJXQJHQXQGKHOOHQNOXJHQ *HVLFKWHUQXQGDXIPHUNVDPHQ$XJHQ 'HU 6WLHU VWUHFNWH VHLQHQ 6FKZHLI VHQNUHFKW LQ GLH +|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lUXQJ LKUHU XQ DXVJHVSURFKHQHQ)UDJHQ]XILQGHQGDGHU7DQ]PHKU ZDUDOVHLQ6SHNWDNHO)UYLHOHGHU =XVFKDXHUGLHVLFKOHLVHPXUPHOQGXQWHUKLHOWHQZDUGHU7DQ]HWZDV+HLOLJHV 'HU 6WLHU VFKR EOLW]VFKQHOO QDFK YRUQ $OOH =XVFKDXHU HUVWDUUWHQ VFKODJDUWLJ K|UWH MHGH 8QWHUKDOWXQJDXI6WDXEVWLHJKLQWHUGHQ.ODXHQGHV7LHUHVDXI9RQGHU0DXHUO|VWHVLFKHLQ 0lGFKHQWlQ]HOWHPLWHLQHU5HLKHVFKQHOOHU6FKULWWHDXIGHQ6WLHU]XXQGEUHLWHWHGLH$UPH DXV 9RU PHLQHP LQQHUHQ $XJH HUVFKLHQHQ :XQGHQ 5LVVH XQG 6WU|PH YRQ %OXW 'DV 0lGFKHQ OLHI DXI GHQ 6WLHU ]X SDFNWH GLH (QGHQ GHV *HK|UQV XQG ERJ VHLQHQ .|USHU QDFK KLQWHQ=XVDPPHQPLWGHP6FKZXQJGHV7LHUHVVFKOHXGHUWHQGLH0XVNHOQGHU7lQ]HULQLKUHQ .|USHU LQ GLH +|KH 6LH EHUVFKOXJ VLFK KDOE GHU 6WLHU UL GHQ 6FKlGHO LQ GLH +|KH XQG ZLUEHOWH GHQ .|USHU K|KHU KLQDXI XQG ZHLWHU QDFK KLQWHQ DOV HU XQWHU GHU 7lQ]HULQ ZHLWHU JHUDGHDXVJDORSSLHUWH :LHHLQ%OLW]UROOWHVLFKGDV0lGFKHQ]XVDPPHQ(VEHUVFKOXJVLFKHLQPDOXQGODQGHWHDXI GHPEUHLWHQVFKZHLQDVVHQ5FNHQGHV6WLHUHV0LW]ZHLGUHL%HZHJXQJHQVWHPPWHVLFKGDV 0lGFKHQZLHGHUKRFKVFKQHOOWHVLFKGXUFKGLH/XIWXQGVSUDQJKLQWHUGHQZLUEHOQGHQ+XIHQ LQGHQ6DQG]XUFN %HJHLVWHUW VFKULHQ GLH =XVFKDXHU ,Q LKUHU %HJHLVWHUXQJ ZDU HLQGHXWLJ HLQ (OHPHQW YRQ *RWWJOlXELJNHLW YRUKDQGHQ 'HU 7DQ] ZDU 6SLHOHUHL DEHU MHQVHLWV ODXHUWH VR HWZDV ZLH HLQ DQGHUHV2UDNHOGDVIUMHGHQ=XVHKHQGHQHLQHHLJHQHSHUV|QOLFKH%HGHXWXQJKDWWH ,FK]XFNWH]XVDPPHQ 'HU6WLHUZDUVFKQHOOXQGNUlIWLJ/DQJH6SHLFKHOIlGHQKLQJHQDXVVHLQHP0DXO'LH(QGHQ GHVZHLWDXV HLQDQGHUVWHKHQGHQ *HK|UQV EOLW]WHQ VFKDUI XQG GURKHQG DXI 1XU NQDSS HQWJLQJ GHU .|USHU GHU]ZHLWHQ7lQ]HULQHLQHU9HUOHW]XQJ$XFKVLHEOLHENXU]DXIGHP5FNHQGHV7LHUHVJOLFK

LKUH%HZHJXQJHQGHQHQGHV6WLHUHVDQXQGVSUDQJGDQQZLUEHOQGZLHGHULQV*UDV'HU6WLHU GRQQHUWH DQ LKU YRUEHL VFKZHQNWH NXU] YRU GHP PDUPRUQHQ 7KURQ GHV 0LQRRV QDFK UHFKWV XQGEOLHEPLWEHEHQGHQ)ODQNHQVWHKHQ'LH0XVLNHUYROOIKUWHQHLQHQK|OOLVFKHQ/lUPDXI LKUHQ 7URPPHOQ DXI GHQ 6\ULQJHQ GHQ +LUWHQIO|WHQ XQG GHQ 6DLWHQLQVWUXPHQWHQ 1HVWRU IOVWHUWHLQPHLQ2KU Ä0LQRRVVLW]WDXIGHP7KURQ6HLQH.RQNXELQHQNHQQVWGXYRP)HVW'LH*DWWLQGLHDOWH)UDX PLWGHQGLFNHQ%HLQHQVLW]WVFKUlJXQWHU0LQRRV(LQHGHU7lQ]HULQQHQLVWYRQ7KDURVXQG GHU+HUUVFKHUGHU,QVHOVWHOOWVLFKJHJHQGLH:QVFKHXQG$QRUGQXQJHQGHV0LQRRV:DUWH GDUDXIZDVSDVVLHUHQZLUG$WODQ ,FK VSUWH GHQ NDOWHQ +DXFK GHV 6FKLFNVDOV 'DV ZDV LFK KLHU ]X VHKHQ HUZDUWHWH ZDU PLU IUHPGXQGZUGHHVLPPHUEOHLEHQ1HVWRUXQGDOOHDQGHUHQ3HUVRQHQGLH7HLOGHV2UDNHOV ZDUHQVWDQGHQDXHUKDOEHLQHVVROFKHQ*HVFKHKHQV 'LH0lGFKHQZHFKVHOWHQVLFK]XP.ODQJGHU0XVLNXQGGHPGXPSIHQ/DXWGHU6WLHUKXIHDE 6LH IKUWHQ ]XVDPPHQ PLW GHP 6WLHU GHU LPPHU ZLHGHU DQJULII HLQ %DOOHWW DXI (V VDK JHIlKUOLFKHU DXV DOV HV ZDU DEHU MHGH 6HNXQGH NRQQWH GDV +|UQ GHV 6WLHUHV VLFK LQ )OHLVFK ERKUHQNRQQWH0XVNHOQXQG*HOHQNH]HUIHW]HQXQGHLQMXQJHV0lGFKHQW|WHQ %HJHLVWHUWH6FKUHLHGHU0HQJHO|VWHQVLFKPLWDQIHXHUQGHQ5XIHQDEHKUIUFKWLJHV6W|KQHQ HUNODQJGLH0XVLNZXUGHODXWHUXQGZLHGHUOHLVHUGHU6WLHUVFKLHQHUVFK|SIW]XVHLQ6HLQH )ODQNHQKREHQXQGVHQNWHQVLFKVFKQHOOHUXQGVFKQHOOHU6HLQ)HOOZDUVFKZDU]JHZRUGHQYRU 6FKZHL 1DWUOLFK NDQQWH LFK NHLQHS GHU 0lGFKHQ ,FK ZXWH QXU GD GLHVHV 5LWXDO DXI PLFK EHVWHQIDOOVDEVWRHQGH :LUNXQJ ]HLJWH ZHQQ LFK DXFK GLH KHUYRUUDJHQGH $UWLVWLN GHU JHVFKXOWHQ 7lQ]HULQQHQ YRUEHKDOWORVEHZXQGHUWH,QHLQHU=HLWLQGHUGLH)UDXGLHOHJLWLPH%HXWHHLQHVMHGHQ6LHJHUV ZDU LQ GHU HV /HLEHLJHQH 6NODYHQ XQG YHUXUWHLOWH 9HUEUHFKHU JDE GHUHQ /HEHQ VFKOLPPHU ZDU DOV GDV YRQ JHVFKXQGHQHQ 7LHUHQ ZDU GHU $QEOLFN YRQ OlFKHOQGHQ 0lGFKHQ GLH GLH 1DFNWKHLW LKUHU .|USHU QLFKW SURYR]LHUHQG VRQGHUQ Y|OOLJ QDWUOLFK ]XU 6FKDX VWHOOWHQ JHUDGH]XHUIULVFKHQG 'LH'DUELHWXQJQlKHUWHVLFKRIIHQVLFKWOLFKGHP(QGH 'HU6WLHUVWDQGMHW]WPLWKRFKJHUHFNWHP.RSIXQGSHLWVFKHQGHP6FKZDQ]DPDQGHUHQ(QGH GHV 6WHLQNUHLVHV 6HLQ VWRZHLVH NHXFKHQGHU $WHP ZDU ELV ]X XQVHUHU *UXSSH KHUEHU ]X K|UHQ3WDKXQG+LODHLUDVWW]WHQVLFKDXIGLH%UVWXQJGHU$UHQDXQGVWDUUWHQVFKZHLJHQGGDV OHW]WH0lGFKHQDQGDVDXVGHU*UXSSHKHUDXVJHWlQ]HOWZDUXQGGHQ6WLHUHUZDUWHWH'HU6WLHU VSDQQWH VHLQH GLFNHQ 0XVNHOQ XQG ZDUIVLFKQDFKYRUQ0LWMHGHP6SUXQJJHZDQQHUPHKU 6FKQHOOLJNHLW 'DQQ VHQNWH HU GHQ .RSI 'LH 6SLW]HQ GHU +|UQHU EHUKUWHQ GDV VWDXELJH YHUZHONWH*UDV(UNDPUDVHQGVFKQHOOQlKHU'DV0lGFKHQOLHIDXILKQ]XEUHLWHWHGLH$UPH DXVXQGVWUHFNWHVLHGDQQQDFKYRUQ'HU6WLHUEUOOWHNXU]XQGGXQNHODXIKREGHQNDQWLJHQ 6FKlGHOXQGJULIIGLH7lQ]HULQDQ6LHOLHINXU]YRUGHP=XVDPPHQSUDOOHLQLJHIOLQNH6FKULWWH UFNZlUWV SDFNWH GDV *HK|UQ NXU] KLQWHU GHQ 6SLW]HQ XQG VFKQHOOWH VLFK LP VHOEHQ $XJHQEOLFNIDVWVHQNUHFKWLQGLH/XIWDOVGHU6WLHUVHLQHQ1DFNHQPXVNHODQVSDQQWHXQGGHQ .RSI KRFKUL ,KU .|USHU VWUHFNWH VLFK UROOWH VLFK ]XVDPPHQ XQG ILHO DXI GHQ 5FNHQ GHV 7LHUHV 'HU 6WLHU UDQQWH LQ VHLQHP NXU]HQ *DORSS ZHLWHU 'DV 0lGFKHQ UXWVFKWH DXI GHP VFKZHLQDVVHQ )HOO DXV YHUVXFKWH VLFK IHVW]XNODPPHUQ XQG ULWW HLQLJH 6HNXQGHQ ODQJ YHUNHKUWKHUXPDXIGHPEUHLWHQ5FNHQ'HU6WLHUUDVWHEUOOHQGDXIGHQ7KURQGHV0LQRRV ]XGHUVLFKZHLWYRUJHEHXJW KDWWHXQGPLWGHQ5LQJHQDQVHLQHQ)LQJHUQVSLHOWH'DQQHLQLJH+DQGEUHLWYRUGHUVWHLQHUQHQ =\NORSHQPDXHU VFKZHQNWH GDV 7LHU KHUXP XQG ZDUI LQ GLHVHU %HZHJXQJ GHQ .|USHU GHV 0lGFKHQVJHJHQGLH0DXHU (VJDEHLQHQVFKUHFNOLFKHQ7RQHLQWURFNHQHV.UDFKHQDOVVLFKGLHNDQWLJHQ)HOVWUPPHULQ GDV)OHLVFKERKUWHQ'HU.RSIZXUGHPLWXQZLGHUVWHKOLFKHU0DFKWJHJHQHLQHPHVVHUVFKDUIH %UXFKNDQWH JHVFKPHWWHUW 'DV 0lGFKHQ VFKLHQ HLQH NOHLQH (ZLJNHLW ODQJ VHLWOLFK DQ GHU

6WHLQNDQWH]XNOHEHQGDQQILHOLKU]HUEURFKHQHU.|USHURKQH+DOW]X%RGHQ'LH7lQ]HULQ GHUHQ%OXWXQG*HKLUQDQGHQ6WHLQHQNOHEWHQKDWWHQLFKWHLQHQHLQ]LJHQ6FKUHLDXVJHVWRHQ ,PJOHLFKHQ$XJHQEOLFNKDQGHOWHLFK,FKZDUIPHLQHQ0DQWHOYRQGHQ6FKXOWHUQQDKPHLQHQ $QODXI XQG VSUDQJ DXI GLH 0DXHU $OV GLH MXQJH 7lQ]HULQ VWDUE ZDUHQ DOOH GLH VDHQ HUVFKUHFNW DXIJHVSUXQJHQ -HQH GLH VWDQGHQ GUlQJWHQ VLFK QlKHU DQ GHQ 2UW GHV 8QJOFNV KHUDQ,FKVSUDQJLQGLH$UHQDKLQHLQXQGULFKWHWHQDFKGHPLFKXQEHPHUNWDQGLH=LHUQlJHO JHJULIIHQKDWWHGHQUHFKWHQ$UPPLWGHPEUHLWHQ/HGHUDUPEDQGDXIGHQ6WLHU 'LH 7lQ]HULQQHQ UDQQWHQ DXI LKUH WRWH )UHXQGLQ ]X XQG VFKULHQ 'HU 6WLHU OLHI LP =LFN]DFN ZHLWHUELV]XU0LWWHGHV.UHLVHVZLUEHOWHGRUWKHUXPXQGJULIIPLFKDXJHQEOLFNOLFKDQ ,FKEOLHEVWHKHQXQGHUZDUWHWHLKQUXKLJ 0HLQHOLQNH+DQGIXKU]XP'ROFKGHUJHWDUQWHQ:DIIH'DQQULHILFKVRODXWLFKNRQQWH Ä'DV2UDNHOEHIDKOPLUVR]XKDQGHOQ)U6SLHOHGLHVHU$UWZLUGNHLQH=HLWPHKUVHLQZHQQ GLH )OXWZHOOH NRPPW (V ZLUG GDQQ NHLQHQ 7KURQ NHLQH :LHVH NHLQHQ 6WLHU XQG NHLQH 7lQ]HULQQHQPHKUJHEHQ +LQWHUPLUHUKREVLFKYHUZXQGHUWHV0XUPHOQ'DV'U|KQHQGHU+XIHZXUGHODXWHUGHU6WLHU NDPQlKHU,FKGUFNWHDXIGHQ6FKDOWHUXQGULFKWHWHPHLQH+DQGDXIGHQ6FKlGHOGHV7LHUHV =HKQ6FKULWWHYRUPLUEH UKUWHGHUXQVLFKWEDUHNRQ]HQWULHUWH/lKPVWUDKOGHQ6WLHU9HUPXWOLFKERWLFKGDV%LOGHLQHV 6HOEVWP|UGHUVRGHUHLQHV:DKQVLQQLJHQZLHLFKPLWJHVSUHL]WHQ%HLQHQXQGKRFKDXIJHUHFNW PLWEHVFKZ|UHQGHU*HVWHLPDXIJHZKOWHQ5DVHQVWDQGXQGYHUVXFKWHPLWGHUEORHQ+DQG GHQ.RORDXI]XKDOWHQ /DXWORVWUDIGHU/lKPVWUDKOGDV7LHU ,Q YROOHP /DXI VFKWWHOWH GHU 6WLHU GHQ 6FKlGHO VWLH HLQHQ WURPSHWHQGHQ 6FKUHL DXV XQG NQLFNWH LQ GHQ 9RUGHUEHLQHQ HLQ 'HU .|USHU EHZHJWH VLFK ZHLWHU YRUZlUWV GLH +LQWHUOlXIH YROOIKUWHQ NUDIWYROOH DEHU VLQQORVH %HZHJXQJHQ 'DQQ EUDFK GHU 6WLHU ]XVDPPHQ EHUVFKOXJ VLFK XQG EOLHE LQ HLQHU 6WDXEZRONH GLFKW YRU PLU OLHJHQ ,FK VFKDOWHWH GHQ /lKPVWUDKODXVXQGGUHKWHPLFKODQJVDPXP Ä.|QLJ 0LQRRV ULHI LFK XQG GURVVHOWH JOHLFK]HLWLJ GLH )HOGVWlUNH GHV ZLQ]LJHQ 3URMHNWRUV Ä:LHGXZHLWEULQJHQZLUGHQ6SUXFKGHV2UDNHOVDQDOOH.VWHQXQGDXIDOOH,QVHOQ6HOEVW ZLOGH7LHUHZDJHQHVQLFKWGLH%RWHQDQ]XJUHLIHQ:LVVH0LQRRVGDLQIQI0RQGHQGLHVH GHLQH:HOWXQWHUJHKHQZLUG'HLQSUlFKWLJHU3DODVWZLUGYRP:DVVHUKLQZHJJHIHJWXQGGLH ZLOOLJHQ'LHQHULQQHQZHUGHQHUWUlQNW5HWWHGLFKXQGDOOHVDQGHUHYRUGHP7DJGHV&KDRV (UVWDUUWHPLFKXQJOlXELJXQGKHUDXVIRUGHUQGDQ ,FKVHW]WHHLQYHUlFKWOLFKHV/lFKHOQDXIVRDOVKDEHLFK PLWLKPXQGVHLQHQ3OlQHQQLFKWV]XVFKDIIHQ'DQQ ULFKWHWHLFKZLHGHUPHLQHQ$UPDXILKQXQGIHXHUWHHL QHQVHKUVFKZDFKHQ/lKPVWUDKODXIVHLQH.QLHDE'HU .|QLJHUZLGHUWHlFK]HQG Ä$XFK PLU VLQG GLH 2UDNHOERWHQ KHLOLJ VHLW LFK PLW &KDULV VSUDFK ,FK ZHUGH GDUEHU QDFKGHQNHQZLHZLUXQVUHWWHQN|QQHQ6DJWHGDV2UDNHODQZHOFKHP7DJGLH.DWDVWURSKH JHVFKLHKW" (U JODXEWH PLU QLFKW DEHU HU ZXWH GD VHLQH 8QWHUWDQHQ DQ HLQ 2UDNHO JODXEWHQ 'LH :DKUKHLWEHUHLQHQ%RWHQGHUHLQHQKHLOLJHQ6WLHUW|WHWHDXFKGDV7LHU ZUGHVLFKZLHGHUHUKROHQDEHUGDVZXWHEHVWHQIDOOV3WDKZUGHVLFKLQ:LQGHVHLOHEHU GLH,QVHO.HIWLXYHUEUHLWHQXQGMHGHVPHLQHU:RUWH8QWHUPDXHUQ 3WDKXQGLFKKDWWHQ]XVDPPHQPLW1HVWRUODQJHXQGJHQDXJHUHFKQHW:LUKDWWHQXQVDXIHLQH EHVWLPPWH1DFKWJHHLQLJWDOVRNRQQWHLFKODXWHUZLGHUQ Ä9RQKHXWHDQJHUHFKQHWLVWHVGLH1DFKWGHVIQIWHQ9ROOPRQGV1LFKWIUKHUXQGYLHOOHLFKW HLQHQKDOEHQ7DJVSlWHU9HUPHUNHGLHVH=DKOWLHILQGHLQHQ*HGDQNHQ0LQRRV 'DQQ ZDQGWH LFK PLFK ]XU 6HLWH NOHWWHUWH EHU GLH %DONHQDEVSHUUXQJ XQG JLQJ VFKZHLJHQG ]XUFN]XPHLQHQ)UHXQGHQ

'LH 9HUVDPPHOWHQ ]HUVWUHXWHQ VLFK VFKQHOO VFKZHLJHQG XQG JHGXFNW 0LQRRV OLH VLFK YRQ VHLQHQ 6NODYHQ ZHJWUDJHQ $XIJHUHJW XPJDEHQ LKQ VFKQDWWHUQG VHLQH .RQNXELQHQ 6HLQH *DWWLQJLQJDOOHLQKLQWHUGHUGLFKWHQ0HQVFKHQJUXSSHHLQKHUXQGVFKLHQLQWLHIHV1DFKGHQNHQ YHUVXQNHQ1HVWRUSDFNWHPHLQHQ$UPXQGVWLHKHUYRU Ä,FKNHQQHZDKUVFKHLQOLFKDOOH*HKHLPQLVVHGHV0HHUHV$EHUHLQHQ0DQQGHUHLQHQKHLOLJHQ 6WLHU PLWWHQ LP $QJULII ]X %RGHQ VFKPHWWHUW ZLH =HXV PLW VHLQHP %OLW] GDV KDW QRFK QLHPDQGHUOHEW ,FKHUZLGHUWHHUQVWKDIW Ä'HQNH GDUDQ ZDV XQV GDV 2UDNHO LQ GHU *URWWH JHVDJW KDW (QWVLQQH GLFK HLQHV MHGHQ :RUWHV 0LWHLQLJHU*HQXJWXXQJEHPHUNWHLFKGDHUXQWHUVHLQHU6RQQHQEUlXQHHUEOHLFKWH$OVRZDU PHLQH 9LVLRQ GRFK QLFKW QXU HLQ 7UDXP JHZHVHQ" 2GHU KDWWH 1HVWRU GLHVHOEH 9LVLRQ ]XU VHOEHQ=HLWJHKDEW" :LUIXKUHQODQJVDP]XUFNLQGDV+DXVYRQ+LODHLUD ,FK ZDU XQ]XIULHGHQ XQG VFKZLHJ QDFKGHQNOLFK 'LH %RWVFKDIW GHV 2UDNHOV KDWWH LFK DXI GUDPDWLVFKH :HLVH ZHLWHUJHJHEHQ 9LHOH 0HQVFKHQ KDWWHQ VLH JHK|UW XQG YHUEXQGHQ PLW GHPUlWVHOKDIWHQ*HVFKHKHQZUGHXQVHUH:DUQXQJDOV*HUFKWXQGGXPSIH3URSKH ]HLXQJYRQ0XQG]X0XQGJHKHQ2EVLFK.|QLJ0LQRRVDQVHLQKDOEKHU]LJHV9HUVSUHFKHQ KLHOWNRQQWHLFKQLFKWDKQHQ9LHOOHLFKWHUJDEHLQ*HVSUlFKKHXWHDEHQGDP+HUGIHXHUQHXH (LQVLFKWHQ1RFKVSUWHLFKQLFKWZLHGLH=HLW]ZLVFKHQXQVHUHQ)LQJHUQ]HUUDQQ,FKZDQGWH PLFKDQ3WDKGHUGDV*HVSDQQOHQNWH Ä:LHZLUGXQVHUZHLWHUHU:HJDXVVHKHQPHLQ)UHXQG"9HUODVVHQZLUGLH,QVHO" Ä,FK GHQNH ZLU VROOWHQ HV WXQ %DOG 1HKPHQ ZLU GDV KHUUOLFKH 6FKLII VHJHOQ ZLU QDFK 6WURQJK\OH$WODQWLV'RUWVROOVLFKVRHWZDVZLHGDVJHLVWLJH=HQWUXPGHUKHUUVFKHQGHQ.XOWXU EHILQGHQ Ä8QGYRQGRUWJODXEVWGXYHUEUHLWHWVLFKXQVHUH%RWVFKDIWQRFKVFKQHOOHU" Ä'DVQHKPHLFKZLUNOLFKDQ6ROHLGHVPLUWXW+LODHLUDYHUODVVHQ]XPVVHQZHLWGXGD VLH LQ GLHVHP :LQNHO GHV 0HHUHV HLQH HUVWDXQOLFKH .XOWXU KHUYRUEULQJHQ ZHUGHQ" 6FKRQ VWHKHQ*|WWHUIUMHGHQ=ZHFNEHUHLWGHUHQ9HUKDOWHQGHPGHU0HQVFKHQHUVWDXQOLFKJOHLFKW 1RFK NHQQHQ VLH NHLQH JHSUlJWHQ 0Q]HQ DEHU VLH KDEHQ VLFK EHUHLWV DXV GHP 6FKOLFN GHV GXPSIHQ $EHUJODXEHQV EHIUHLW :HQQ GLH .DWDVWURSKH QLFKW DOOHV ]HUVW|UW HQWVWHKW KLHU HLQ =HQWUXPGHU.XOWXU(VZLUGDXVVWUDKOHQELVZHLWLQGHQ1RUGHQGHU:HOW 6SlWHUZUGHPDQYHUVXFKHQZUGHQYLHOOHLFKWZLUHVVHOEVWYHUVXFKHQHLQ0XVWHULQGDV &KDRV ]X ZHEHQ :LU QDQQWHQ GLHVHV :LVVHQ GDQQ *HVFKLFKWH -HW]W GD ZLU XQPLWWHOEDU HUOHEWHQZLHJHVFKLFKWOLFKH=XVDPPHQKlQJHNOHLQVWHUXQGNOHLQHU$UWHQWVWDQGHQNRQQWHLFK QLFKWHLQPDO7HLOHHLQHV0RVDLNVHUNHQQHQVHOEVWZHQQLFKLQWHQVLYQDFKGDFKWH Ä'XPHLQVWGDZLUDXIGHPULFKWLJHQ:HJVLQG"IUDJWHLFKXQVFKOVVLJ 'LH 3IHUGH VFKHXWHQ DOV LKQHQ GLH 'LHQHU LQ GLH =JHO VSUDQJHQ XQG YHUVXFKWHQ LKUHQ UDVHQGHQ/DXIDQ]XKDOWHQ:LUVSUDQJHQDXVGHP:DJHQNRUE3WDKODFKWHDXIXQGYHUVLFKHUWH Ä:LUVLQGDXIGHPULFKWLJHQ:HJ$WODQ1XUIUXQVLVWHUQRFKXQNODUXQGVFKZHU]XVHKHQ Ä+DVWGXDXFKHLQH(ULQQHUXQJDQMHQH+|KOHGHV2UDNHOVYRQGHUDXVZLUGLH6FKDWWHQULVVH DQGHU:DQGVDKHQ" Ä-D,FKDKQHGDYLHOH0HQVFKHQGLHVH(ULQQHUXQJPLWVLFKKHUXPWUDJHQ Ä1HVWRU$XFK+LODHLUDXQGGLHVHJHKHLPQLVYROOH&KDULV" Ä:DKUVFKHLQOLFK :LUJLQJHQLQV+DXV0LW1HVWRUEHVSUDFKHQZLU7DJXQG5RXWHXQVHUHUNXU]HQ6HHUHLVHQDFK 6WURQJK\OH :LU HUIXKUHQ GD GHU EHZXW KHUEHLJHIKUWH 7RG GHU EOXWMXQJHQ 7lQ]HULQ HLQ EHZlKUWHV0LWWHOGHV0LQRRVZDUVLFKGLHWULEXWSIOLFKWLJHQNOHLQHQ+HUUVFKHUGHU,QVHOQXQG YHUVFKLHGHQHU 7HLOH GHV )HVWODQGHV JHIJLJ ]X PDFKHQ )U LKQ VSUDFK GD VROFKH 0DQDKPHQ VHKU VHOWHQ ZDUHQ (LQH VFKZHLJHQG ZLUNVDPH 9HUELQGXQJ YRQ 'LHQHUQ %HIHKOVHPSIlQJHUQXQGJHVWHXHUWHQ=XIlOOHQVRUJWHLP,QVHOUHLFK0LQRRV IUGLH$XVIKUXQJ

VHLQHU,GHHQXQG$QRUGQXQJHQ(UVFKLHQNOXJJHQXJ]XVHLQXQVHUH:DUQXQJQLFKWLQGHQ :LQG ]X VFKODJHQ $EHU QXU GXUFK VHLQHQ %HIHKO ZUGHQ VLFK JURH 7HLOH GHU %HY|ONHUXQJ UHWWHQ N|QQHQ ,FK GDFKWH ZlKUHQG ZLU XQV LQ GHQ ZXFKWLJHQ 6HVVHOQ XPV )HXHU EHTXHP PDFKWHQ GD ZLU HLQH $UW JLJDQWLVFKHV =HLFKHQ EUDXFKWHQ IODPPHQGH 6FKULIW DP +LPPHO 6WHUQHGLH6SLUDOEDKQHQEHVFKULHEHQRGHUVSUHFKHQGH6HHXQJHKHXHUGLHEHU/DQGIORJHQ 'LUIHKOHQGLHVHGUDPDWLVFKHQ0LWWHOPXUPHOWHGHU/RJLNVHNWRU'XPXWDQZHQGHQZRUEHU GXYHUIJVW Ä:LUGGLH.DWDVWURSKHZLUNOLFKVWDWWILQGHQ"IUDJWH+LODHLUDXQGVFKRELKUH+DQGXQWHU3WDKV $UPÄ8QGZLUGDOOHVVRVHLQZLHZLUHVDXVXQHUJUQGOLFKHQ4XHOOHQZLVVHQ" Ä,FKNDQQHVGLUYHUVLFKHUQ$OOHVZDVZLUDKQHQ ZLUGHLQWUHIIHQ'LHVWHLQHUQH,QVHODXVGHP5DXP]ZLVFKHQGHQ6WHUQHQZLUGVLFKLQV:DVVHU VWU]HQ Ä'HU 6FKX GHV +LPPHOVMlJHUV 2ULRQ" EUXPPWH 1HVWRU Ä:R ZHUGHQ ZLU VHLQ ZHQQ GLH :HOOHEHUGDV:DVVHUMDJW" Ä'DV ZHL QLFKW HLQPDO 3RVHLGRQ HUZLGHUWH 3WDK VNHSWLVFK Ä:LU NHQQHQ GHQ 7DJ XQG GLH 6WXQGH]LHPOLFKJHQDX:HQQZLU]ZHLHUOHLYHUVXFKHQQlPOLFKELV]XPOHW]WHQ0RPHQWGLH 9|ONHU ]X ZDUQHQ XQG LP HQWVFKHLGHQGHQ =HLWSXQNW LQ VLFKHUHU (QWIHUQXQJ ]X VHLQ ZHUGHQ ZLUEHUOHEHQ (6 KDWWH XQV DOV 3DODGLQH GLHVHU 0HQVFKKHLW EH]HLFKQHW DOV 6WUHLWHU XQG 9HUDQWZRUWOLFKH GLHVHV3ODQHWHQXQGZLUKDWWHQXQVJHVFKZRUHQZHQLJVWHQVLFKKDWWHGLHVJHVFKZRUHQ MHGHV 8QKHLO YRQ /DUVDI 'UHL IHUQ]XKDOWHQ 9RUDXVJHVHW]W LFK NRQQWH GDJHJHQ DQNl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hEHUUDVFKXQJ Ä(LQ%RWHYRQ0LQRRV ,FK]XUUWHGHQ.QRWHQZLHGHUIHVWHUXQGZDQGWHPLFKXP Ä6SULFK GX PLW LKP $WODQ PHLQWH 3WDK GHU LP %XJ VWDQG XQG ODQJVDP HLQH .DUWH ]XVDPPHQUROOWH5XQG]Z|OI6WXQGHQEHLJQVWLJHP:LQGZDUHQHVELVQDFK6WURQJK\OH(LQ MXQJHU0DQQPLWHLQHPVFKPDOHQ(LVHQUHLIXPGLH6WLUQVSUDQJZlKUHQGGLHVFKZHLQDV VHQ3IHUGHODQJVDPHUZXUGHQDXVGHP:HJHQXQGKREGLH+DQGDOVHUDXIPLFK]XOLHI Ä,VWHVZDKUGDLKUQDFK$WODQWLVVHJHOWQDFK6WURQJK\OH" Ä:HQQXQVQLFKWHLQZWHQGHU6WXUPYRP.XUVDEEULQJWEHVWlWLJWHLFKXQGZDUIHLQHQ%OLFN LQGHQJUDXHQURVDJHlGHUWHQ+LPPHOGHUY|OOLJZRONHQORVZDUÄ'XNRPPVWYRP.|QLJ" (UYHUWUDXWHPLUDQ Ä0LQRRVZQVFKWGDLKULQ)ULHGHQYRQ.QRVVRVIRUW]LHKW*UHGLH+HUUVFKHULQYRQLKP 6LH VROO HXFK XQWHUVWW]HQ XQG *DVWIUHXQGVFKDIW JHZlKUHQ VRODQJH LKU GRUW EOHLEHQ ZROOW 'LHVKDWHUGHU&KDULVYHUVSURFKHQ(XUH:DUQXQJHQZLUGHUEHKHU]LJHQ(UZLUGVHLQH%RWHQ EHUDOO GRUWKLQ VHQGHQ ZR GLH :RJHQ ,QVHOQ XQG 8IHU HUUHLFKHQ =LHKW ZHLWHU XQG ZDUQW VSUHFKWGLH:RUWHGHV2UDNHOVODXWDXV+LHUQLPPGHQ5LQJ (UJDEPLUHLQHQDXIIDOOHQGHQ5LQJGHUGDV=HLFKHQGHU'RSSHOD[WWUXJ'DVKHUUVFKHUOLFKH =HLFKHQGHV0LQRRVGD]XHLQHEDUEUVWLJH*|WWLQXQGHLQLJH6FKULIW]HLFKHQ Ä-HGHUNOHLQH+HUUVFKHUGHUDQ0LQRRV7ULEXW]DKOWDQHUNHQQWGDV=HLFKHQ(VOLHJW0LQRRV HLQLJHVGDUDQVHLQH+HUUVFKDIW]XHUKDOWHQ'DLKULKPKHOIW]XEHUOHEHQKLOIWHUHXFKDXFK (LQ3UDJPDWLNHULP/DE\ULQWKYRQ.QRVVRVIOVWHUWHGHU([WUDVLQQ Ä*HKH]X0LQRRV]XUFNVDJWHLFKXQGVWUHLIWHGHQEUHLWHQ*ROGULQJEHUGHQ0LWWHOILQJHU Ä6DJHLKPGLH8PKHUJHWULHEHQHQGHV2UDNHOVGDQNHQLKP:LUYHUVXFKHQVHLQH+HUUVFKDIW

]XVLFKHUQXQGGDV/HEHQVHLQHU9|ONHUVFKDUHQ]XUHWWHQ :LU ZHFKVHOWHQ HLQHQ NQDSSHQ KDUWHQ *ULII XP GLH +DQGJHOHQNH 'DQQ JLQJ GHU 0DQQ ]XUFNXP:DJHQ'DV*HVSDQQZHQGHWHPLWUDVVHOQGHQ5lGHUQDXIGHPVWHLQHUQHQ3IODVWHU XQGVWREWLQYROOHP*DORSSGDYRQ,FKO|VWHGHQ.QRWHQGHU6FKOLQJHXQGULHI Ä,KUKDEWDOOHVYHUVWDQGHQ":LUVHJHOQPLW0LQRRV 6HJHQQDFK6WURQJK\OH ,Q]ZLVFKHQ KDWWHQ ZLU HUIDKUHQ GD GHU HUVWH .|QLJ GHU ,QVHO .QRVVRV 0LQRV RGHU 0LQRRV JHKHLHQKDWWH$OOHVHLQH1DFKIROJHUQDQQWHQVLFKHEHQVR:LHGHUZXUGHHLQHGHU]DKOORVHQ 6DJHQXQG/HJHQGHQGHU%DUEDUHQZHOWLQVHLJHQVWlQGLJH/HEHQJHUXIHQ,FKVSUDQJDQ%RUG :LU VHW]WHQ XQV DQ GLH 5LHPHQ XQG UXGHUWHQ GLH &+$5,6 YRP .DL UFNZlUWV ZHJ GDQQ GUHKWHQZLUQDFK1HVWRUV.RPPDQGRVGDV6FKLIIEHU*UXQGDXIGHU6WHOOHXQGZlKUHQGGDV 6HJHO KRFKJH]RJHQ ZXUGH UXGHUWHQ ZLU DXV GHU %XFKW YRQ .QRVVRV KLQDXV 'LH %OlWWHU GH 5LHPHQ KLQWHUOLHHQ LP XQEHZHJWHQ :DVVHU VFKDUIH (LQGUFNH (LQ DEODQGLJHU :LQG IOOWH VREDOG ZLU GHQ %HUHLFK GHU +JHO YHUODVVHQ KDWWHQ GDV GXQNHOURWH 6HJHO :HLW YRU XQV DP +RUL]RQW WDXFKWH GLH SLO]I|UPLJH :RONH HLQHV NOHLQHQ 9XONDQV DXI 'DV /LFKW GHU DXIJHKHQGHQ6RQQHOHXFKWHWHGLH5lQGHUGHU7KURPEHVFKDUIDXVXQGODQJJH]RJHQH'XQVW ZRONHQ ]HUVFKQLWWHQ GLH JLJDQWLVFKH URVDIDUEHQH .XJHO GLH LQ GLHVHQ 0RPHQWHQ IODFKJHGUFNWVFKLHQ (LQ KHUEVWOLFK NKOHU NUlIWLJHU :LQG YRQ DFKWHUQ VFKRE GLH &+$5,6 GXUFK GLH IODFKHQ :HOOHQWlOHUXQGGXUFKGLHNXU]HQKDUWHQ:HOOHQEHUJH 1HVWRUQDKPVHLQHQ+HOPDE]RJGHQ0DQWHOEHUGLH6FKXOWHUQKRFKELVVHLQ5DQGHLQHQ :XOVWLQVHLQHP1DFNHQELOGHWHXQGVDJWH]XPLU Ä'LH*|WWHUP|JHQXQVEHLVWHKHQ,Q:LUNOLFKNHLWEHJLQQHQZLUHUVWMHW]WXQVHUH)DKUWXPGLH 0HQVFKHQ]XZDUQHQ9LHOOHLFKWWUHIIHQZLUDXIXQVHUHP:HJGLHZHLH%LUHPH Ä:DV GX VDJVW DQWZRUWHWH LFK PLW OHLFKWHU %HNOHPPXQJ ÄLVW ULFKWLJ :DV KDW HV PLW GHP ZHLHQ'RSSHOUXGHUHUDXIVLFK" Ä(LQ6FKLIIGDVZHQLJHJHVHKHQKDEHQ(LQVHOWVDPHU3LUDWGHQQLHPDQGNHQQW8QGGHQQRFK VSUHFKHQDOOHYRQGHQVFKDXHUOLFKHQhEHUIlOOHQ(VKHLWGLH+HUU VFKHULQYRQ6WURQJK\OHVFKLFNWGLH%LUHPHDXVXPGHQ(LQIOXYRQ.HIWLXXQG0LQRRV]X VWlUNHQ'LHVYHUVWHKHZHUPDJ 'LH IQI]LJ MXQJHQ 0lQQHU GLH HLQVFKOLHOLFK 1HVWRU GLH %HVDW]XQJ GHU &+$5,6 ELOGHWHQ KDWWHQ VLFK LQ GHQ ZHQLJHQ 7DJHQ DXI .HIWLX DOV PXWLJH .ULHJHU KHUYRUUDJHQGH XQG EHVRQQHQH6HHOHXWHDOVNOXJXQGZHQLJDEHUJOlXELVFKHUZLHVHQ6LHZDUHQXQW\SLVFKIUGHQ 0HQVFKHQVFKODJGHQZLUNHQQHQJHOHUQWKDWWHQ$EHUDXFKGLH&+$5,6ZDUDOOHVDQGHUHDOV W\SLVFKGDV6FKLIIZDUVLFKHUOLFKHLQH6FK|SIXQJYRQ(6'DV+RO]DXVGHPHVHUEDXWZDU VFKLHQYLHO]XGQQ'DVVWHKHQGHXQGODXIHQGH*XWGHU7DXHXQG(QGHQVDKDXVDOVEHVWQGH HVDXVNQVWOLFKHQ)DVHUQ2EZRKOGLH5LHPHQGDV6WHXHU'RSSHOUXGHUVlPWOLFKH9HUElQGH XQG6SDQWHQYLHO]XNOHLQGLPHQVLRQLHUWZDUHQGXUFKVFKQLWWGLH&+$5,6GDV:DVVHUZLHHLQ KRFKPRGHUQHV %RRW 6HOEVW GLH )DUEHQ LQ GHQHQ GLH ULHVLJHQ $XJHQ XQG GLH *DOLRQVILJXU JHKDOWHQ ZDUHQ OHXFKWHWHQ VWlUNHU XQG HQWVWDPPWHQ VLFKHUOLFK QLFKW GHU 3URGXNWLRQ KHLPLVFKHU+DQGZHUNHU7URW]GHPÄSDWHGDV6FKLIILQGLHVHQ.XOWXUNUHLV Ä1RFK YHUVWHKH LFK HV QLFKW JDE LFK ]XUFN :LU VWDQGHQ LP %XJ GHV 6FKLIIHV XQG GXUFKIRUVFKWHQPLWXQVHUHQ%OLFNHQGLH2EHUIOlFKHGHV0HHUHV Ä:RKLQJHKWHVQDFKGHP$XIHQWKDOWDXI6WURQJK\OH"ZROOWHGHU.DSLWlQZLVVHQ:LUKDWWHQ VlPWOLFKH.DUWHQVWXGLHUWXQG1HVWRUNDQQWHGLH5LFKWXQJGHU+HUEVWXQG:LQWHUVWUPH Ä1DFK 0HORV GHQNH LFK HUZLGHUWH LFK Ä8QG GDQQ QDFK .HRV 'RUW EHILQGHQ ZLU XQV LP +HUUVFKDIWVJHELHWYRQ.QRVVRV 'LH&+$5,6ZDUEHVWHQVDXVJHUVWHW5LHVLJH.UJHYROOHU0HKOZDUHQHEHQVRLQGHU%LOJH IHVWJH]XUUW ZLH :DVVHU XQG :HLQVFKOlXFKH -HGHU 0DQQ KDWWH VHLQH $XVUVWXQJ XQG VHLQH :DIIHQJULIIEHUHLW1DFKWVNRQQWHQZLU]ZLVFKHQGHQ5XGHUElQNHQVFKODIHQXQG LP *HJHQVDW] ]XU 5($ ZDUHQ GLH 'HFNVSODWWHQ YRQ %XJ XQG +HFN DXV ZHLW ELV ]XP 0DVW YRUJH]RJHQ1XUZHQLJ6HHZDVVHUVSULW]WHLQV6FKLII

Ä6WURQJK\OH0HORVPLW3K\ODNRSLXQGVFKOLHOLFK.HRVGDVLVWHLQH5RXWHGLHPLUEHQDJW VWHOOWH1HVWRUIHVW 'LH 5LHPHQ ZDUHQ HLQJH]RJHQ XQG IHVWJH]XUUW ZRUGHQ 'DV 6HJHO EDXVFKWH VLFK SUDOO LP :LQG GHU LP 7DXZHUN SILII 1HVWRU EHULFKWHWH PLU ZlKUHQG GLH ,QVHO VLFK DXV GHP 'XQVW VFKlOWHXQGZLUPHKUXQGPHKU(LQ]HOKHLWHQVHKHQNRQQWHQZDVHUEHU6WURQJK\OHZXWH 6WURQJK\OHRGHU$WODQWLV 'LH]ZHLWH%H]HLFKQXQJKDWWHZHLWHVWJHKHQGP\WKRORJLVFKHQRGHUP\WKLVFKHQ&KDUDNWHUXQG PLW PHLQHP 1DPHQ QLFKWV ]X WXQ 'LH ,QVHO ZDU LQ JUDXHU 9RU]HLW GXUFK GDV :LUNHQ GHV 9XONDQJRWWVDOVRGXUFKGDV=XVDPPHQZLUNHQNOHLQHUHU9XONDQDXVEUFKHHQWVWDQGHQ'LH ,QVHO ZDU IDVW NUHLVUXQG XQG EHVWDQG LP ZHVHQWOLFKHQ DXV HLQHU DQVWHLJHQGHQ NUHLVULQJI|UPLJHQ (EHQH XQG HLQHP FKDUDNWHULVWLVFKHQ 9XONDQNHJHO LQ GHUHQ 0LWWH (LQLJH %XFKWHQ IDVW ZLH )MRUGH JHIRUPW VWLHHQ WLHI LQ GLH (EHQH KLQHLQ YRU 9XONDQLVFKH $VFKH NDOWHXQGZDUPH0LQHUDOTXHOOHQ5HJHQIlOOHXQGHLQHV\VWHPDWLVFKH3IOHJHKDWWHQGLH,QVHOLQ HLQ :XQGHUODQG GHU )UXFKWEDUNHLW YHUZDQGHOW :LU VDKHQ GLH ULHVLJHQ %lXPH HLQLJH KHOOH %DXZHUNH GD]ZLVFKHQ VDKHQ 9LHKKHUGHQ DXI GHQ GXQNHOJUQHQ :HLGHQ XQG GDV /DXE GDV VLFKLQVlPWOLFKHQ)DUEHQYRQ%URQ]HXQG*ROG]XIlUEHQEHJDQQ ,Q 6LFKWZHLWH GHU ,QVHO WDXFKWH HLQ ]ZHLWHV 6HJHO DXI :HLW DQ %DFNERUG HWZD DXI JOHLFKHU +|KHPLWXQVVDKHQ1HVWRUXQGLFKIDVWJOHLFK]HLWLJHLQJUHOOZHLHV'UHLHFNGHVVHQVFKlUIVWH 6SLW]HQDFKVFKUlJREHQZLHV Ä'XUHFKQHVWPLWKLQGHUOLFKHQ:LQGHQRGHU6WUPHQ"QDKPLFK1HVWRUV$QWZRUWZLHGHUDXI (UQLFNWHNXU]:HQQZLUYHUVXFKWHQ]XPLQGHVWGLH6LHGOXQJHQ DQ DOOHQ EHWURIIHQHQ .VWHQ DQ]XIDKUHQ PXWHQ ZLU GLH WDXVHQG ,QVHOQ YHUODVVHQ XQG QDFK :HVWHQVHJHOQ Ä:LUVROOWHQYRQ$WKHQQDFK7\ULQVEHU/DQGUHLVHQPXUPHOWH1HVWRU Ä(LQYHUVWDQGHQ:HQQPDQXQVZHLWHUKLOIW" 9RU GHU ,QVHO 6WURQJK\OH NUHX]WHQ HLQLJH NOHLQH 6FKLIIH (LQ )UDFKWVFKLII VWDPSIWH VFKZHU EHODGHQ GXUFK GLH :HOOHQ ZHLW YRU GHU +DIHQHLQIDKUW 'LH JUDXH 5DXFKZRONH GHV 9XONDQV VWLHJ VFKUlJ LQ GLH +|KH XQG ZXUGH QDFK 2VWHQ ]X ]HUIDVHUW 6LH ELOGHWH HLQH IODFKH :RONHQVFKLFKW GLH HLQHQ ULHVLJHQ 6FKDWWHQ DXI GDV :DVVHU ZDUI 3HUVHV XQVHU 6WHXHUPDQQ GHXWHWHDXIGDVZHLH6HJHOXQGVWLHKHUYRU Ä,FKKRIIHGDLFKPLFKLUUH$EHUGLHVNDQQGLHZHLH%LUHPHVHLQ Ä%HL =HXV 'RQQHU IXKU LKQ 1HVWRU TXHU EHU GLH /lQJH GHV 6FKLIIHV DQ Ä%LVW GX YRP 'lPRQJHVFKODJHQ" Ä$OOH HU]lKOHQ YRQ HLQHP VSLW]HQ 6HJHO VFKULH 3HUVHV ]XUFN Ä'LHV LVW HLQ VROFKHV 6WFN /HLQZDQG 3WDK6RNDUWDXFKWH]ZLVFKHQGHQ5XGHUElQNHQDXIXQGULHI Ä=XGHQ:DIIHQ:LUODVVHQXQVQLFKWEHUUDVFKHQ (V JDE QLFKW PHKU ,QIRUPDWLRQHQ EHU GLH ZHLH %LUHPH 1LHPDQG ZXWH PHKU $EHU PLW EHlQJVWLJHQGHU 6FKQHOOLJNHLW EHZDIIQHWHQ VLFK PHKU DOV IQI]LJ 0lQQHU +HOPH ZXUGHQ DXIJHVHW]WXQGLKUH%lQGHUIHVWJH]XUUW%|JHQHUVFKLHQHQLQGHQ+lQGHQGHU0lQQHU.|FKHU DXILKUHQ5FNHQ'LH6FKLOGHJHIRUPWZLH]ZHLLQHLQDQGHUYHUVFKPHO]HQGH.UHLVHZXUGHQ EHU GLH %RUGZDQG JHKlQJW /DQ]HQVSLW]HQ IXQNHOWHQ DXI ,FK HQWVLFKHUWH GHQ 6WUDKOHU LQ PHLQHP.DPSIEHLO3WDK1HVWRU3HUVHV0HURSVGHU]ZHLWH6WHXHUPDQQXQGLFKEOLHEHQLP KRFKUDJHQGHQ +HFN GHU &+$5,6 'DV DQGHUH 6FKLII NDP DXI HLQHP .XUV GHU LP VSLW]HQ :LQNHO]XXQVHUHU)DKUWOLQLHYHUOLHIUDVFKQlKHU'DV6HJHOUDJWHWDWVlFKOLFKIDVWVHQNUHFKWLQ GLH+|KHGD GLH 5DK DQ 6WHXHUERUG IHVWJHKDOWHQ ZXUGH XQG LKUH JU|HUH /lQJH XQWHUKDOE GHV 0DVWWRSSV GDV6HJHOWUXJ(WZDYLHU]LJ5LHPHQZXUGHQDXIGHP6FKQHOOUXGHUHUDXVJHIDKUHQEHUKUWHQ DEHUQRFKQLFKWGDV:DVVHU$EXQG]XWDXFKWHDXVGHQ:HOOHQGHUODQJHZLHHLQHDXIUHFKW JHNUPPWH'ROFKNOLQJHDXVVFKLPPHUQGHU%URQ]HIXQNHOQGH5DPPVSRUQGHU%LUHPHDXI ,FK ZDQGWH PLFK DQ 3WDK :LU EHLGH PHUNWHQ GD GHU .DSLWlQ GHV DQGHUHQ 6FKLIIHV RKQH

=ZHLIHOHLQHQ$QJULIIYHUVXFKWH Ä,FK YHUVWHKH GDV QLFKW VDJWH 3WDK Ä.XU] YRU GHU +DIHQHLQIDKUW GHU ,QVHO ZLOO HU XQV EHUIDOOHQ Ä:LU ZHUGHQ XQV ZHGHU EHUIDOOHQ ODVVHQ VDJWH LFK HQWVFKORVVHQ ÄQRFK ZHUGHQ ZLU GLH %LUHPH]HUVW|UHQ'DV6FKLIIVROOHLQZHLWHUHU%RWHXQVHUHV2UDNHOVVHLQ Ä9HUVXFK V QXU ODFKWH 1HVWRU JULPPLJ Ä'HU DQGHUH .DSLWlQ LVW VLFKHU QLFKW GHLQHU 0HLQXQJ Ä,FKZHUGHLKQEHU]HXJHQN|QQHQHQWJHJQHWHLFKJULQVHQGÄ/DVVHQZLUGLHZHLH%LUHPH QlKHUKHUDQNRPPHQ (V ZDU HLQ PHUNZUGLJHV 6FKLII LFK NRQQWH PLFK QLFKW HQWVLQQHQ MHPDOV HLQH VROFKH )RUP JHVHKHQ ]X KDEHQ $Q 6WHXHUERUG XQG %DFNERUG EHIDQGHQ VLFK GLH RIIHQHQ 5XGHUElQNH LQ HLQHU $UW VFKDOHQI|UPLJHQ 1HEHQUXPSIHV 'HU 5XPSI VHOEVW ZDU YRP +HFN ELV ]XP %XJ KRFKJH]RJHQ ZLH HLQH GQQH 'RSSHOPDXHU PLW MH HLQHU .DQ]HO DQ GHQ (QGHQ 'HU YHUJOHLFKVZHLVH NXU]H 0DVW WUXJ GLH ODQJH DXV HLQLJHQ 6WFNHQ IHGHUQG ]XVDPPHQJHVHW]WH 5DK 0lQQHU LQ ZHLHQ +HOPHQ PLW ZHLHQ 5RVFKZHLIHQ GDUDQ LQ VLOEHUIDUEHQHV /HGHU JHNOHLGHWPLWVLOEHUQIXQNHOQGHQ0HWDOOJUWHOQXQGHEHQVROFKHQ8QWHUDUPVFKLHQHQVDHQDQ GHQ 5LHPHQ GLH DXV IDVW ZHLHP +RO] JHVFKQLW]W ZDUHQ 'DV 6FKLII UDVXFKWH KHUDQ GHU 5DPPVSRUQKREVLFKXQGGHXWHWHDXIXQVHUZDUZLHDXFKGLH5DPPZDIIHGHU&+$5,6]X ]ZHL'ULWWHOQXQWHUKDOEGHU:DVVHUOLQLH 'HU/DXIJDQJHWZDGUHL0HWHUEHUGHQ5XGHUHUQ IOOWHVLFKPLWEHZDIIQHWHQ0lQQHUQ1DWUOLFKZDUHQVLHZHLRGHU]XPLQGHVWXQJHZ|KQOLFK VLHVWUDKOWHQJULPPLJH(QWVFKORVVHQKHLWDXV1HVWRUKREVHLQHQ6FKLOGXQGVFKULHKLQEHU Ä:DVZROOWLKUYRQXQV" ,FK]HLJWHPLWGHP'RUQ]ZLVFKHQGHQ6FKQHLGHQDXIGDV:DVVHUXQGVDKGD.DSLWlQXQG 6WHXHUPDQQ GHV QDPHQORVHQ 6FKLIIHV KHUYRUUDJHQG PDQ|YULHUWHQ 6LH EHQXW]WHQ GHQ DFKWHUOLFKHQ :LQG XP QlKHU]XNRPPHQ XQG ]XP 5DPPHQ ZUGHQ VLH QDFK HLQHU KDOEHQ :HQGHGLH.UDIWGHU5LHPHQDQZHQGHQ'HU.DSLWlQEUOOWH]XUFN Ä1LFKWVDQGHUHVDOVGDVZDVZLUYRQGHQDQGHUHQ6FKLIIHQZROOWHQEHL3RVHLGRQDOOHV Ä'DVLVWHQWVFKLHGHQ]XYLHOVFKULH1HVWRUÄ:LUEULQJHQGLH:DUQXQJHQGHV2UDNHOV]XGHQ 6WlGWHQ /HJH GHLQ 5XGHU KDUW 6WHXHUERUG VRQVW ZLUG GLH ZHLH %LUHPH YRQ 5X XQG )ODPPHQJHVFKZlU]W Ä*HVFKZlW]:DVVFKHUWXQVGDV2UDNHO"NDPHVYRP%XJGHV6FKLIIHVKHUEHU'LH5XGHUHU O|VWHQ GLH 5LHPHQ VWHOOWHQ VLH VHQNUHFKW XQG ZDUWHWHQ DXI GHQ %HIHKO ]XP (LQVDW] ,FK VFKZHQNWH GDV .DPSIEHLO KLQ XQG KHU GUFNWH GHQ $XVO|VHU XQG HLQH KHXOHQGH VLUUHQGH )HXHUVlXOHEHUKUWHGDV:DVVHU$XJHQEOLFNOLFKYHUZDQGHOWHVLFKGDV6HHZDVVHULQGLFKWHQ ZHLHQ'DPSI'HU'DPSIELOGHWHHLQHEURGHOQGH:DQG]ZLVFKHQGHQEHLGHQ6FKLIIHQ%LV ]XOHW]W VWDUUWH LFK LQ GDV *HVLFKW GHV JHJQHULVFKHQ .RPPDQGDQWHQ 'HU $XVGUXFN VHLQHU HQWVFKORVVHQHQ $QJULIIVZXW YHUZDQGHOWH VLFK LQ 8QJODXEHQ GDQQ LQ 9HUZXQGHUXQJ VFKOLHOLFKLQ(UVFKUHFNHQ Ä8PNHKUHQVFKULH1HVWRUGHUVLFKEHKHUUVFKWHXPGLH]DXEHULVFKH:LUNXQJGHU:DIIHHUVW JDUQLFKWDXIVLFKZLUNHQ]XODVVHQÄ'DVQlFKVWHLVWHXHU6HJHO ,FKNLSSWHGLH:DIIHQDFKREHQVWHOOWHGLH(QHUJLHZLUNXQJDXIHLQHQQDGHOIHLQHQ6WUDKOHLQ XQG]HUVFKQLWWPLWYLHU)HXHUVW|HQGLHEUHLWHQ%lQGHUGLH GHQ 5XGHUVFKDIW KLHOWHQ .QLUVFKHQG XQG VSOLWWHUQG O|VWH VLFK GDV 5XGHU YRP 6FKLII 'HU .RPPDQGDQWUDQQWHVFKZHLJHQGLQV+HFNVHLQHV6FKLIIHVXQGPDFKWH]XVHLQHU0DQQVFKDIW KLQXQWHUEHVFKZLFKWLJHQGH%HZHJXQJHQ Ä$XV XQV VSULFKW GDV 2UDNHO ULHI 3WDK Ä5KUW XQV QLFKW DQ :LU VLQG W|GOLFKHV *LIW XQG 9HUGHUEHQIUMHGHQXQVHUHU)HLQGH 'LH%LUHPHOLHIVFKZDQNHQGDXVGHP.XUV8QVHUH0lQQHUEHREDFKWHWHQMHGH%HZHJXQJDXI GHPJHJQHULVFKHQ6FKLII6LFKHUOLFKZXUGHGLHVHUVHOWVDPH.DPSIDXFKYRP+DIHQXQGYRQ GHQ+lQJHQ6WURQJK\OHVDXVPLWDQJHVHKHQ

Ä:HOFKHV YHUGDPPWH 2UDNHO" VFKULH GHU JHJQHULVFKH 6WHXHUPDQQ UDWORV XQG ]RUQURW LP *HVLFKW Ä,Q ZHQLJHU DOV IQI 0RQGHQ ZLUG HLQH ULHVLJH)OXWZHOOHGLH6HHXQGDOOH8IHUYHUZVWHQ ULHILFKÄ'XNDQQVWXQVJODXEHQRGHUQLFKW)UDJHLQGHQ+lIHQQDFKGHU%RWVFKDIWGLH9RQ GHQ0lQQHUQGHU&+$5,6NRPPW (LQLJH5XGHUHUGHVDQGHUHQ6FKLIIHVVFKREHQGLH5LHPHQLQGLH'ROOHQXQGVWDELOLVLHUWHQGHQ .XUV LQGHP VLH GLH %OlWWHU HLQWDXFKWHQ XQG ZLHGHU KREHQ %LV MHW]W ZDU QRFK QLFKW HLQ HLQ]LJHU 3IHLO DEJHIHXHUW ZRUGHQ 0LW JOHLFKHU *HVFKZLQGLJNHLW OLHIHQ GLH %LUHPH XQG GLH &+$5,6DXIKDOEHU%RJHQVFKXZHLWHQHEHQHLQDQGHUDXI6WURQJK\OH]X Ä:HUVHLGLKUGDLKU:DVVHULQ'DPSIYHUZDQGHOW" ULHI GHU 6WHXHUPDQQ 3WDK JDE ]XUFN Ä'LH 0lQQHU GHV 2UDNHOV Ä:LU ]HLJHQ HV HXFK ZHQQZLUHXFKZLHGHUWUHIIHQ VFKULH GHU .DSLWlQ ,FK ]HUIHW]WH PLW GUHL 6FKVVHQ GLH 7DXH YRQ GHQHQ 5DK XQG 6HJHO JHKDOWHQZXUGHQ'DV7DXZHUNOLHISIHLIHQGXQGZLPPHUQGGXUFKGLHUDXFKHQGHQ%O|FNHPLW HLQHPGXPSIHQ*HUlXVFKVFKOXJHQ+RO]XQGIHXFKWH/HLQZDQGDXIGDV'HFNKHUXQWHU XQGYHUZLFNHOWHQGLH.ULHJHUXQGGHUHQ:DIIHQLQHLQXQGXUFKVLFKWLJHV1HW] Ä8QVHU :HJ ZLUG VLFK VLFKHUOLFK ZLHGHU NUHX]HQ 1DPHQORVHU GRQQHUWH LFK Ä(QWZHGHU YHUVXFKHQ ZLU )UHXQGH ]X VHLQ RGHU ZLU YHUQLFKWHQ GHLQ 6FKLII 9RQ 6WURQJK\OH DXV ZLUG PDQEHULFKWHQZLHGLHZHLH%LUHPHNDPSIORVGHQ:HOOHQDXVJHOLHIHUWZXUGH 1HVWRUVFKWWHOWHIDVVXQJVORVGHQ.RSIXQGVDJWHXQVHUHQ6WHXHUPlQQHUQZLHVLHGHQ.XUV]X lQGHUQKDWWHQ:LUOLHIHQMHW]WGLUHNWDXIGLH3DVVDJH]ZLVFKHQ]ZHLVFKODQNHQ6lXOHQ]XYRQ GHUHQVFKDOHQI|UPLJHQ(QGHQGQQH5DXFKIDKQHQHUORVFKHQHU)HXHUZHKWHQ3WDKOHJWHHLQH +DQGDXI1HVWRUV6FKXOWHUXQGVDJWH Ä$XFKGLH.ULHJHUGHU%LUHPHZHUGHQYRP2UDNHOVSUHFKHQ$WODQKDWHUUHLFKWGDZLHGHU HLQH *UXSSH GLH :DUQXQJ LQV /DQG WUlJW 2GHU ZLOOVW GX VDJHQ GD 6HHOHXWH QLFKW DEHUJOlXELVFK VLQG XQG QLFKW GDUEHU UHGHQ XQXQWHUEURFKHQ LQ +DIHQVFKHQNHQ HEHQVR ZLH XQWHUHLQDQGHU" Ä'X KDVW UHFKW )UHXQG 3WDK PXUPHOWH 1HVWRU Ä$EHU VHOEVW LFK GHU GHQ 7H[W GHV 2UDNHOV XQGDOOHVDQGHUHNHQQWVWDXQHEHUGLH:XQGHUGLH$WODQDQZHQGHW Ä.HLQH:XQGHUVFKUlQNWHLFKHLQÄ1XUDOOWlJOLFKH'LQJHDXVHLQHU:HOWGLHVRZHLWHQWIHUQW LVWGDQLFKWHLQPDOGHUZHLWJHUHLVWH1HVWRUVLHNHQQW (LQOHW]WHU:LQGVWRYLHOOHLFKWYRP%HUJ,GDDXI.HIWLXKHUDEJHZHKWVFKREGLH&+$5,6LQ GDV +DIHQEHFNHQ YRQ 6WURQJK\OH KLQHLQ :LU UHIIWHQ GDV 6HJHO XQG UXGHUWHQ ELV DQ GHQ +DXSWNDL GHU DXV ZXFKWLJHQ %O|FNHQ EHVWDQG 2EHUKDOE GHU :DVVHUOLQLH XPOLHI LQ ZHLHP .DONVWHLQJHPHLHOWHLQNXQVWYROOHU)ULHVDXV6SLUDOHQ'RSSHOD[W]HLFKHQ6WLHUKRUQV\PEROHQ XQG5DQNHQDXV:HLQODXELQGHQHQVHOWVDPHV0HHUHVJHWLHUVLFKWXPPHOWHGDVKDOEH%HFNHQ 8QVHU6FKLIIGDVVLFKPLWOlVVLJHQ5XGHUVFKOlJHQQlKHUWHULHIHLQHNOHLQH 0HQVFKHQPHQJH ]XVDPPHQ ,FK EHZXQGHUWH GLH %DXZHUNH GLH VLFK LQ VFKZHUHP %DONHQ )DFKZHUN KHUJHVWHOOW EHU HLQHP ZXFKWLJHQ 6RFNHO DXV 4XDGHUQ HUKREHQ :LU VDKHQ GLH =HLFKHQJHVFKlIWLJHQ/HEHQVUXQGKHUXPK|UWHQGDV.OLUUHQYRQ0HLHOQXQG+lPPHUQGDV bFK]HQ GHU %ODVHElOJH PLW GHUHQ +LOIH %URQ]H JHVFKPRO]HQ ZXUGH ZLU URFKHQ GLH +HUGIHXHUDQGHQHQ%UDWHQVLFKGUHKWHQXQGEHUDOOHPODJHLQGHXWOLFKHU)LVFKJHUXFK :LH HLQH ULHVLJH :RONH NUHLVWH EHU GHP +DIHQEHFNHQ HLQ 6FKZDUP 7DXEHQ 'LH 9|JHO lQGHUWHQ LPPHU ZLHGHU ZLH LQ HLQHU WHOHSDWKLVFKHQ 0DVVHQEHZHJXQJ LKUHQ .XUV XQG GDV 6RQQHQOLFKWOHXFKWHWHSDVWHLOHQDXIGHQ6FKZLQJHQGHU7LHUH 6WURQJK\OH GLH 5XQGH ,QVHO EHVWDQG QLFKW QXUDXV(EHQH +lQJHQ XQG YXONDQLVFKHQ .HJHOQ

VRQGHUQWLHIH6FKOXFKWHQGXUFKIXUFKWHQGDV/DQGHUIOOWYRQVFKZHIOLJHQ*DVHQYRQNDOWHQ XQGZDUPHQ4XHOOHQXQGWULHIHQGHP0RRV9LHOHGHU6FKOXFKWHQZDUHQYRQ(URVLRQVPDWHULDO DQJHIOOWGDVOlQJVWYRQ:lOGHUQXQGVHOWVDPHQ*HZlFKVHQEHGHFNWZDUGHUHQ6DPHQXQG 6FK|OLQJH DXV JlQ]OLFK DQGHUHQ 7HLOHQ GHU PLWWHOPHHULVFKHQ :HOW VWDPPWHQ ,FK EOLFNWH KLQDXI ]X GHU HZLJHQ 5DXFKVlXOH XQG LFK ZXWH GD HLQ QHXHU $XVEUXFK HLQHV 9XONDQV ZHLWDXVIUFKWHUOLFKHUVHLQZUGHMHOlQJHUGLHOHW]WH$NWLYLWlW]XUFNODJ :LUOLHHQ]ZDQ]LJ0lQQHU]XU%HZDFKXQJGHU&+$5,6]XUFN /DVWVFKLIIHZXUGHQLP+DIHQHQWODGHQ)LVFKHUIOLFNWHQLKUH1HW]HXQGUHSDULHUWHQLKUH%RRWH :LUZDQGWHQXQVDQ]ZHLSUlFKWLJJHNOHLGHWHMXQJH0lQQHUGLHXQVPLWHLQLJHU9HUZLUUXQJ PXVWHUWHQ 'UHLPDO ]HKQ 0lQQHU LQ :DIIHQ ZDFKVDP XQG HQWVFKORVVHQ DQVFKHLQHQG )UHPGOLQJH MHGRFK PLW GHU 6SUDFKH XQG GHQ %UlXFKHQ ZRKOYHUWUDXW 6R PXWHQ ZLU LKQHQ HUVFKHLQHQ Ä,FKELQ1HVWRUGHU.DSLWlQGHU&+$5,66HKWLKUGLHVHQ5LQJ" 1HVWRU KRE PHLQ +DQGJHOHQN KRFK VR GD MHGHU GHQ 5LQJ GHV 0LQRRV VHKHQ NRQQWH 'HU 6WHLQEOLW]WHLP6RQQHQOLFKWDXI Ä'HU5LQJGHV0LQRRV:DVYHUODQJVWGXYRQXQVHUHU+HUULQ" Ä1LFKWVDQGHUHVDOV*DVWIUHXQGVFKDIWIUHLQSDDU7DJH:LUKDEHQHLQH%RWVFKDIWIUVLHGLH EHUGDV/HEHQYRQ7DXVHQGHQHQWVFKHLGHW Ä'LH $ULDGQH OlGW HXFK HLQ $EHU HXUH :DIIHQ PW LKU EHLP 6FKLII ODVVHQ 1LHPDQG GDUI EHZDIIQHWLKUHQ3DODVWEHWUHWHQ Ä(VJLEWNHLQH$XVQDKPHYRQGLHVHU5HJHO" Ä1HLQ =ZHLVFKODQNH.ULHJVVFKLIIHPLWGHP=HLFKHQGHV0LQRRVODJHQLP:DVVHUhEHUDOOHQWODQJ GHV :HJHV KLQDXI ]X GHQ +JHOQ VDKHQ ZLU GD 6WURQJK\OH WDWVlFKOLFK HLQH $XVQDKPH ]X VHLQVFKLHQHVKHUUVFKWHQJU|HUH6DXEHUNHLWGLH*HElXGHZDUHQPLWPHKU8PVLFKWHUULFKWHW XQG VLH VFKLHQHQ PLW 0DHQ HUGEHEHQVLFKHU ]X VHLQ GHQQ GHU )DFKZHUNEDX ILQJ VLFKHUOLFK (UGVW|H DE 'LH 0HQVFKHQ ZDUHQ JXW JHQlKUW VHOEVW GLH 6NODYHQ XQG /HLEHLJHQHQ VDKHQ ZHGHUJHSUJHOWQRFKYHUQDFKOlVVLJWDXV)HOGHUDEJHHUQWHWRGHUQRFKQLFKWZHFKVHOWHQPLW +DLQHQ DXV (LFKHQ =\SUHVVHQ XQG 3DOPHQ DE :LU VDKHQ =LHJHQKHUGHQ XQG 6FKDIKHUGHQ IOHFNIDUELJH 5LQGHU VFKZHU EHODGHQH (VHO XQG VLOEHUEOlWWULJH 2OLYHQElXPH :LU NDPHQ DQ 7|SIHUHLHQ YRUEHL LQ GHQHQ KDXFKGQQH *HIlH DXI GHU VFKQHOOGUHKHQGHQ 7|SIHUVFKHLEH KHUJHVWHOOWZXUGHQ$EXQG]XHQWGHFNWHQZLUGLH*XIRUPHQIU/DQ]HQVSLW]HQ3IHLOVSLW]HQ XQG 6FKZHUWHU DXFK IU +DXVKDOWVJHUlWH 8Q]lKOLJH *HUlWH ZDUHQ DXV JHVFKOLIIHQHP 2EVLGLDQGHPW\SLVFKHQ9XONDQJHVWHLQ'HUEUHLWH:HJZDQGVLFKPHIVWLP6FKDWWHQDOWHU %lXPHKJHODQELV]XHLQHP3XQNWDQGHPPDQHLQHQEH]DXEHUQGHQ$XVEOLFNEHUIDVWYLHU )QIWHOGHVJHVDPWHQ3DQRUDPDVKDWWH +LHUVWDQGGHU3DODVW (LQ HLQIDFKHV *HElXGH DXV 6WHLQVRFNHO )DFKZHUN/HKP]LHJHOQXQG%LPVVWHLQEURFNHQPLW ]DKOORVHQJHVFKQLW]WHQ6lXOHQNOHLQHQ)HQVWHUQXQGVFKPDOHQKRKHQ3IRUWHQ'LH8PJHEXQJ GHV+DXVHVZHONHV*UDV2OLYHQXQGVWDUNULHFKHQGH6WUlXFKHUDWPHWH5XKHXQG)ULHGHQDXV 'QQHU 5DXFK HUKRE VLFK DXV GUHL NDQWLJHQ .DPLQHQ (QWODQJ YLHOHU 0DXHUQ VWDQGHQ IDVW PDQQVJURH 9RUUDWVNUJH GLH .RUQ 2OLYHQ|O RGHU HLQJHVDO]HQHQ )LVFK HQWKDOWHQ PRFKWHQ 8QVHUH)KUHUEOLHEHQHKUIXUFKWVYROOYRUGHP+DXSWHLQJDQJVWHKHQXQGZDUWHWHQ 8QXQWHUEURFKHQKDWWHQZLUGLH0lQQHUGHU&+$5,6XQVDXIGLH%HVRQGHUKHLWHQGLHVHU,QVHO DXIPHUNVDP JHPDFKW 0HKUPDOV ZDUHQ ZLU HUVFKURFNHQ XQWHU XQVHUHQ )HQ VFKLHQ IDVW XQPHUNOLFKGHU%RGHQ]X]LWWHUQ6SlWHUEHJULIIHQZLUGDHVQLFKWHLQ$XVEUXFKGHVNOHLQHQ 9XONDQV ZDU VRQGHUQ HLQH VWlQGLJH 8QUXKH GHU JHVDPWHQ ,QVHOPDVVH )XUFKW DEHU VFKLHQHQ GLH0HQVFKHQ6WURQJK\OHVQLFKWHLQHQ$XJHQEOLFNODQJ]XNHQQHQ =ZHL MXQJH 6NODYLQQHQ ]RJHQ HLQHQ PHKUIDFKHQ 9RUKDQJ DXV VFKZHUHU PLW /HGHUVFKQUHQ GXUFKZREHQHQ :ROOH DXVHLQDQGHU =HLFKHQ GHV 6WLHUNRSIHV XQG GHU 'RSSHOD[W ZDUHQ HLQJHVWLFNW RGHU DXIJHQlKW (LQH )UDX NDXP MQJHU DOV IQI]LJ +HUEVWH NDP EOLQ]HOQG LQV

)UHLH 6LH HU|IIQHWH GDV *HVSUlFK LQGHP VLH PLW HLQHU EHUUDVFKHQG ZRKONOLQJHQGHQ GXQNOHQ 6WLPPHVDJWH Ä&KDULV GLH )UDX PLW GHU GXQNOHQ +DXW KDW HXFK DQJHNQGLJW 6HLG ZLOONRPPHQ ,KU PW PLU DOOHV HU]lKOHQ YRQ GHP 6SUXFK GHV 2UDNHOV YRQ HXUHQ 5HLVHQ YRP .DPSI PLW GHP ZHLHQ6FKLIIXQGYRP7DJDQGHPGDV8QKHLOKHUHLQEULFKW Ä$XVGLHVHP*UXQGVLQGZLUKLHU+HUULQVDJWHLFKÄ$EHUZLUVLQGUXQGGUHLLJ0lQQHU Ä'LH5lXPHIUHXFKGDV(VVHQXQGGLH'LHQHULQQHQVLQGEHUHLW,P+HUEVWJLEWHVZHQLJH %HVXFKHUXQGVRZHUGHQZLU=HLWIUHLQJXWHV*HVSUlFKKDEHQ (LQH PHUNZUGLJH :HOW QDKP XQV DXI 'XQNOH 5lXPH HUKHOOW YRQ ]DKOORVHQ gOODPSHQ WUXJHQGHQ*HUXFKYRQ*HQHUDWLRQHQLQVLFK$QMHGHUGHQNEDUHQ6WHOOHEHIDQGHQVLFK6WDWXHQ HLQHU*|WWLQGLHRIIHQVLFKWOLFKIUMHGHQ$VSHNWGHU1DWXUJDOW%UHLWHJHElUIUHXGLJH+IWHQ XQI|UPLJH%UVWHGHNRULHUWPLWGHQ6\PEROHQYRQ9RJHOHLHUQYRQ:HLQODXE6FKODQJHQXQG )LVFKH LQ GHQ +lQGHQ KHUJHVWHOOW DXV +RO] DXV %URQ]H JHJRVVHQ DXV 7RQ JHIRUPW PLW ZHUWYROOHQ0HWDOOHQYHU]LHUWHVPRFKWHQLPJHVDPWHQ3DODVW+XQGHUWHVHLQ:LUZXU GHQ LQ HLQHP K|KHU JHOHJHQHQ *lVWHIOJHO XQWHUJHEUDFKW XQG GHU 0LWWHOWHLO GHV +DXVHV PLW ]ZHL ULHVLJHQ +HUGHQ ZDU VRZRKO HLQ 9HUVDPPOXQJVVDDODOVDXFKGDV+HLOLJWXPVHOEVW'LH $ULDGQH VD GRUW DXI HLQHP 7KURQ GHU DXV 6WHLQ JHPHLHOW ZDU GLH $UPOHKQHQ JOLFKHQ lJ\SWLVFKHQ 6SKLQJHQ GHU 5FNHQWHLO ZDU DXVJHELOGHW DOV VWLOLVLHUWHU 6WLHUNRSI PLW HLQHP PlFKWLJHQ*HK|UQ 1DFK$QEUXFKGHU'XQNHOKHLWIDQGHQVLFKHWZDKXQGHUW0HQVFKHQLQGLHVHP6DDO'HU%RGHQ DXVIHVWJHVWDPSIWHP/HKPGQVWHWHGHQ*HUXFKGHVVFKZHUHQ:HLQHVDXVGHUDOV7UDQNRSIHU DXV JURHQ UK\WRQV DXVJHVFKWWHW ZXUGH 7LHIURW OHXFKWHWH GLH *OXW GHU )HXHU (QWODQJ GHU 6LPVH XQG LQ ]DKOUHLFKHQ 1LVFKHQ EUDQQWHQ gOODPSHQ (LQH EHNOHPPHQGH IHLHUOLFKH 6WLPPXQJKHUUVFKWHXQGJULIIDXIXQVEHU'LHQHUXQG6NODYLQQHQKXVFKWHQKLQXQGKHUXQG EHGLHQWHQXQV6FKOLHOLFKJOLWWHLQ9RUKDQJ]XU6HLWHXQGGLH$ULDGQHWUDWHLQ :LUJOLFKHQXQVGHP9HUKDOWHQGHU'LHQHUDQVWDQGHQDXIXQGZDUWHWHQELVGLH)UDXLQGHU 0LWWH GHV 6DDOHV VWDQG 6LH VFKWWHWH :HLQ DXI GHQ %RGHQ XQG PXUPHOWH EHVFKZ|UHQGH )RUPHOQ RGHU $QUXIXQJHQ 6LH WUXJ HLQHQ 5RFN GHU ELV ]XP %RGHQ UHLFKWH XQG UXQG HLQ GXW]HQGPDO DEJHVWXIW ZDU hEHU HLQHU NXU]lUPOLJHQ -DFNH ILHO HLQ ZROOHQHV 7XFK PLW %URQ]HQDGHOQ]XVDPPHQJHKDOWHQEHUGLH6FKXOWHUQXQGGLH%UXVW'LH)LQJHUZDUHQYROOHU 5LQJHGLH+DQGJHOHQNHWUXJHQVFKZHUH%lQGHUDXV%URQ]HVHOWHQHQ6WHLQHQXQG*ROG'DV $EELOGGHUKHLOLJHQ6FKODQJHULQJHOWHVLFKXPGHQUHFKWHQ2EHUDUP ,FKEHZXQGHUWHGLH:DQGJHPlOGHGLH0HQVFKHQPLW7LHUN|SIHQ7LHUHPLW0HQVFKHQN|SIHQ *RWWKHLWHQXQG5DQNHQ]HLJWHQDOOHVLQXQHUNOlUOLFKHQ7lWLJNHLWHQPLWHLQDQGHUYHUZLUNWXQG YHUZREHQ'LH%LOGHUZDUHQYRP$OWHUJHGXQNHOWXQGYRQ]DKOORVHQ%HUKUXQJHQJODWWSROLHUW Ä8QGGX$WODQIUDJWHVLHPLFKEHUGHQIUHLHQ3ODW]]ZLVFKHQGHP7KURQGHP+HUGIHXHU XQGHLQLJHQ6WXIHQKLQZHJÄGXVROOVWGLH0HQVFKHQZDUQHQ"%HULFKWHPLUEHUGDV2UDNHO Ä:HQQGLH)OXWZHOOH6WURQJK\OHHUUHLFKWZLUGVLHGHQ6FKOXQGGHV3RVHLGRQHUUHLFKHQ)HXHU XQG :DVVHU ZHUGHQ VLFK YHUPLVFKHQ GLH 6FKOXFKWHQ ZHUGHQ DXIEUHFKHQ QLHPDQG YHUPDJ VLFKGHQ6FKUHFNHQYRU]XVWHOOHQEHJDQQLFKÄ1DWUOLFKVSUHFKHQZLUQXUDXVZDVXQVGDV 2UDNHODXIWUXJ$EHUJHUDGHGX$ULDGQHVROOWHVWZLVVHQGDHLQ2UDNHOQLHPDOVOJW $ULDGQH ZDU HLQ 7LWHO NHLQ 1DPH 9RQ GLHVHP 5DXP DXV GHVVHQ 'XQVW XQG 5DXFK GXUFK gIIQXQJHQLQHLQHQ3DWLRKLQHLQDE]RJHQZXUGHQGLH*HVHW]HGHU*|WWLQYHUNQGHWPLWGHUHQ +LOIH0LQRRVUHJLHUWH Ä'LHVZHLLFKVDJWHVLHÄ%HULFKWHW:DVVROOJHVFKHKHQ" 3WDKXQGLFKEHPKWHQXQVLKUXQGGHUVFKZHLJHQGVWDXQHQGHQ'LHQHUVFKDIW]XHUNOlUHQGD VLFKHLQHEHZRKQWH,QVHOLQV0HHUVHQNHQZUGH'LH)ROJHQGLHVHVVFKZHU]XIDVVHQGHQXQG ]XEHJUHLIHQGHQ9RUJDQJVDOOHUGLQJVZDUHQGHQ=XK|UHUQNHLQHVZHJVXQIDEDU6LHNDQQWHQ VRZRKO(UGEHEHQKHUDXVJHVFKOHXGHUWH6WHLQEURFNHQXQGJOKHQGH$VFKH0HHUHVZHOOHQZD UHQ LKQHQ QLFKW IUHPG VLQNHQGH 6FKLIIHQ HEHQVRZHQLJ ZLH YHUZVWHWH 8IHUVWUHLIHQ

EUHQQHQGH6LHGOXQJHQXQGVWHUEHQGHV9LHK Ä'LHV ZLUG JHVFKHKHQ VFKOR 1HVWRU XQG ZLVFKWH VLFK GHQ 6FKZHL YRQ GHU 6WLUQ Ä,Q ZHQLJHUDOVIQI0RQGHQ*HQDXDQGHP7DJDQGHP ,FKOHKQWHPLFK]XUFNXQGKHIWHWHPHLQHQ%OLFNDXIGDVVFKPDOHYRQ$OWHUXQG(LQVDPNHLW JH]HLFKQHWH *HVLFKW GHU )UDX (LQ VFKPDOHV *HVLFKW PLW KRKHQ %DFNHQNQRFKHQ HLQHP VFKPDOHQ0XQGGHVVHQ:LQNHOVFKDUIQDFKXQWHQJH]RJHQZDUHQJUDXH6WUlKQHQLPYROOHQ GXQNHOEUDXQHQ +DDUMMUDXJUQH $XJHQ GLH XQYHUlQGHUW IOLQN XQG VFKDUI MHGHQ XQG DOOHV PXVWHUWHQ XQG ]X GXUFKGULQJHQ VFKLHQHQ (LQH EHPHUNHQVZHUWH )UDX (V ZDU VFKZHU IDVW XQP|JOLFK LKUH5ROOHLP1HW]GHUPLQRRLVFKHQ,QVHOQNODU]XGHILQLHUHQ :LU VDJWHQ LKU ZDV ZLU ZXWHQ (V ZDU NHLQ *HKHLPQLV XQG YRQ (6 XQG XQVHUHU JHKHLPQLVYROOHQ$XVUVWXQJVSUDFKHQZLUOlQJVWQLFKWPHKU 'LH$ULDGQHVDJWHXQVVLHZROOHHVVLFKEHUOHJHQZLHVLHDXIXQVHUH(U]lKOXQJHQUHDJLHUHQ ZUGH :LU ZLGHUVSUDFKHQ LKU HV ZlUHQ NHLQH (U]lKOXQJHQ VRQGHUQ GLH W|GOLFKH :DKUKHLW KLQWHU GHP2UDNHOVSUXFK 6LH PHLQWH PLW (QWVFKLHGHQKHLW GD VLFK HLQH :HOW LQ IQI 0RQGHQ HUKHEOLFK YHUlQGHUQ N|QQH (LQH *HIDKU GLHVHU $UW ODVVH VLFK QLFKW DXIKDOWHQ :LH VROOWH HV HLQH *RWWKHLW XQG GHUHQ 9HUWUHWHULQ ZDQGWH VLH KLQJHJHQ HLQ VFKDIIHQ7DXVHQGHXQGDEHU7DXVHQGHYRQ0HQVFKHQ PLW LKUHU QRWZHQGLJVWHQ +DEH LQ 6LFKHUKHLW ]XEULQJHQ'LH$UJXPHQWHJLQJHQKLQXQGKHU XQG VFKOLHOLFK NRQQWH LFK QLFKW PHKU DQGHUV ,FK VWDQG DXI XQG WUDW PLW GHP JHIOOWHQ :HLQEHFKHULQGHQ)LQJHUQYRUGHQ7KURQGHU)UDX ,FKGHXWHWHODQJVDPQDFKHLQDQGHUDXIPHKUHUHGHU,GROHGLHDOOHVDPWHLQH*|WWLQ]HLJWHQGLH LQ VSlWHUHQ -DKUKXQGHUWHQ PHKUHUH 1DPHQ XQG YLHOH $XIJDEHQ EHNRPPHQ ZUGH 'LH =HLW ZDUXQDXIK|UOLFKLP:DQGHOXQGGLH)UDXZXWHHV]XPLQGHVWHEHQVRJXWZLHLFK,FKVDJWH KDOEODXW Ä'LHVH *|WWLQ $ULDGQH LVW GHLQH +HUULQ 7RG XQG *HEXUW :HUGHQ XQG 9HUJHKHQ )UXFKWEDUNHLWXQG9HUZHONHQGDVDOOHVOLHJWLQGHP.RUEGHQVLHEHUXQVDXVVFKWWHW'X PXWWXQZDVVLHEHILHKOW,FKKRIIHVLHEHILHKOWGLUGLH0HQVFKHQ]XUHWWHQ'HQQZDVZlUHQ GLH*|WWHURKQHXQV0HQVFKHQ"6RZHQLJZLHHLQ.|QLJRKQH8QWHUJHEHQHXQG*HIROJHQRFK ZHQLJHUDOVHLQ6FKLIIRKQH:DVVHU 6LH IXQNHOWH PLFK DQ .HLQHV GHU :RUWH ZDU LKU HQWJDQJHQ XQG QRFK YLHO ZHQLJHU GHUHQ %HGHXWXQJ Ä,FK IUFKWH $WODQ VDJWH VLH EHGlFKWLJ ÄGX KDVW HWZDV JHVDJW ZDV PLFK WUDI ZLH HLQ 3IHLOVFKX)UPLFKLVWHVXQEHTXHPGDHLQ)UHPGHUPLWHLQHPSUlFKWLJHQ6FKLIIXQGHLQHU DXVJHVXFKWHQ0DQQVFKDIWYRQ.HIWLXNRPPWXQGPLU:DKUKHLWHQLQV*HVLFKWVFKOHXGHUWGLH LFKVHOEVWKlWWHHUNHQQHQPVVHQ Ä,FKKDEHQLFKWVJHVFKOHXGHUWZHGHU3IHLOHQRFK:RUWHVDJWHLFKÄ7URW]GHPEHPHUNHLFK GDGXGDUEHUQDFKGHQNVW0|JHGLH*|WWLQGHLQH(LQVLFKWZHLWHUKLQXQWHUVWW]HQ ,FKEHPKWHPLFKHKUHUELHWLJ]XHUVFKHLQHQDOVLFKPLFKYHUEHXJWHXQG]XPHLQHQ)UHXQGHQ LQV+DOEGXQNHO]XUFNVFKULWW Ä6WURQJK\OH$WODQWLV7KHUDRGHU6DQWRULQVLQGQXUYLHU1DPHQHLQHUHLQ]LJHQ,QVHOVW|KQWH 6FDUURQ(\PXQGVVRQDXIÄ'LHVH,QVHOGDVZHLVRJDULFKZXUGHHWZDLP-DKUYRUGHU =HLWHQZHQGH GXUFK HLQHQ JLJDQWLVFKHQ 9XONDQDXVEUXFK YHUQLFKWHW 8QG PLW LKU DOOHV /HEHQ DXIGLHVHU,QVHOXQGLQZHLWHP8PNUHLV

:lKUHQG$WODQV)UHXQGLQGHQUHJXQJVORVHQ.|USHUGHV$UNRQLGHQEHWUDFKWHWHGHULP7DQN GHUhEHUOHEHQVVWDWLRQDXI*lDODJVDJWH&\U$HVFXQQDUGHUMXQJH*HVFKLFKWVZLVVHQVFKDIWOHU KDUW Ä,FKIUFKWHQLFKWXP$WODQV/HEHQ Ä6RQGHUQ" IOVWHUWH GHU $UD GHU DOOH (U]lKOXQJHQ XQG %HULFKWH GHV EHVLQQXQJVORVHQ $UNRQLGHQPLWDQJHK|UWKDWWHYRQLKQHQHEHQVRIDV]LQLHUWZDUZLHMHGHUDQGHUH Ä8PVHLQHQ9HUVWDQGVFKULH&\UÄ6HLQ*HLVWYHUZLUUWVLFK+DEWLKUHVQLFKWEHJULIIHQ" Ä1HLQ:DV" &\UVW|KQWHDXIZLHHLQYHUZXQGHWHV7LHU(U]ZDQJVLFKPLWDOOHU.UDIW]XU5XKHXQGVWLH EUXFKVWFNKDIWKHUYRU Ä+DEWLKUHVQLFKWJHK|UW"(UIUDJWHGHQ6HHIDKUHUREHUGLH6DJHYRQ2G\VVHXVNHQQHGHQ %HULFKW HLQHV GHU JU|WHQ ]XPLQGHVW WHLOZHLVH OHJHQGlUHQ +HOGHQ GHU =HLW GHU WURMDQLVFKHQ .ULHJH LQ *ULHFKHQODQG" 0LQGHVWHQV VLHEHQHLQKDOE -DKUKXQGHUWH ODJHQ ]ZLVFKHQ 6WURQJK\OH XQG2G\VVHXV$EHU2G\VVHXVZDUVSlWHU DOV6WURQJK\OH 'LH =XK|UHU YHUVXFKWHQ GLH 5HFKQXQJ GHV +LVWRULNHUV QDFK]XYROO]LHKHQ $WODQ KDWWH YRU HLQLJHQ6WXQGHQLQVHLQHPEHNODJHQVZHUWHQ=XVWDQGEHULFKWHWGDHULP-DKUYRQHLQHP 0DQQ JHVSURFKHQ KDWWH GHU HUVW LP -DKU RGHU YRU GHU =HLWHQZHQGH JHOHEW KDWWH Ä$EJHVHKHQ GDYRQ GD HU GHQ 6HHPDQQ YHUZLUUW KDW ZDV RKQH %HGHXWXQJ LVW KDW HU GLH GDPDOLJHXQG GLH KHXWLJH :LUNOLFKNHLW YHUPLVFKW GXUFKHLQDQGHUJHEUDFKW LKUHU *HVHW]PlLJNHLWHQ HQWNOHLGHW :LU KDEHQ HV JHPHUNW ,FK PHUNWH HV $EHU HU VSUDQJ VR]XVDJHQ DXV VHLQHU *HVFKLFKWHKHUDXV Ä,FK YHUVWHKH PXUPHOWH GHU $U]W Ä(U KDWWH HLQ (UOHEQLV PLW 2G\VVHXV 8QV YHUVXFKWH HU NODU]XPDFKHQGDHUHWZDVHUOHEWKDWWHZDVHUQRFKJDUQLFKWKlWWHHUOHEHQN|QQHQ9HUVWHKW LKUGHQQQLFKW"(VZlUHVRDOVZUGHLFKHXFKIUDJHQZDVHXFKEHLGHU(YDNXLHUXQJYRQ*lD DXIJHIDOOHQLVW6LHZLUGYLHOOHLFKWQLHPDOVVWDWWILQGHQRGHUHUVWLQVHKUYLHOHQ-DKUHQ 6FDUURQVHQNWHGHQ.RSI Ä,FK KDEH EHJULIIHQ VDJWH VLH Ä,FK PDFKH PLU GLHVHOEHQ 6RUJHQ ZLH GX &\U ,VW GLU QRFK HWZDVDXIJHIDOOHQ",Q$WODQV%HULFKW" $HVFXQQDUVFKWWHOWHVWXPPGHQ.RSI 'LH 6HULH YRQ %HULFKWHQ GLH GHU YHUEUDQQWH $UNRQLGH WHLOV IOVWHUQG WHLOV VWRFNHQG RGHU JHSUHW DEHU LPPHU LQ DOOHQ ZLFKWLJHQ (LQ]HOKHLWHQ JHVSURFKHQ KDWWH ZDU ODQJ XQG DXVIKUOLFK JHZHVHQ 'DV $EHQWHXHU PLW GHQ 6SLHOHUQ XQG GHQ 3DUDVLWHQ LQ bJ\SWHQ RGHU .KHPGLHHQWVFKHLGHQGHQ.lPSIHGLH]XU9HUWUHLEXQJGHU+HND&KDVXWIKUWHQGLHVZDU GLHOHW]WH(U]lKOXQJJHZHVHQ6LHHULQQHUWHQVLFKJHQDXGDUDQGHQQVLHKDWWHQGDIUJHVRUJW GDGLH%lQGHUNRSLHUWXQGGHU7H[WQLFKWQXUQLHGHUJHVFKULHEHQVRQGHUQYHUYLHOIlOWLJWXQG YHUVWHFNWZRUGHQZDU-HGHUYRQLKQHQIUFKWHWHGDV9HUVSUHFKHQYRQ(6DOOH(ULQQHUXQJHQ VlPWOLFKHU 0HQVFKHQ GLH MH YRQ GLHVHQ (UOHEQLVVHQ HUIDKUHQ ZUGHQ VROOWHQ DXVJHO|VFKW ZHUGHQHEHQVRZLHHVPLWMHQHQGHVEHNODJHQVZHUWHQ$UNRQLGHQJHVFKHKHQZDU Ä%LVKHU VLQG VR LFK GDV EHXUWHLOHQ NDQQ NHLQHUOHL JOHLFKDUWLJH )HKOHU DXIJHWUHWHQ ,FK ZHL QLFKW ZDV LFK GDYRQ KDOWHQ VROO VDJWH GHU +LVWRULNHU PHKU ]X VLFK VHOEVW DOV ]X GHQ )UHXQGHQ6LHDOOHZDUHQ7HLOQHKPHU GLHVHVUDVHQGHQ,UUVLQQVIOXJVJHZHVHQPLWGHPVLHGHQÄEUHQQHQGHQ$UNRQLGHQKDWWHQUHWWHQ ZROOHQ Ä+DOWHHVVHLQHPJHTXlOWHQ9HUVWDQG]XJXWHHPSIDKOGHUKDJHUHbUDRKQHMHGH,URQLH Ä(V LVW OHLFKW GLHVH HLQPDOLJH )HKOOHLVWXQJHQ ]X YHUVWHKHQ VDJWH GHU :DFKKDEHQGH 0HGL]LQHU GHV 3/$1(7$5(1 .5$1.(1+$86(6 Ä:HQQ VLH VLFK ZLHGHUKROHQ ZLUG HV XQWHU 8PVWlQGHQ NULWLVFK 9HUPXWOLFK N|QQHQ ZLU VHLQHQ .|USHU KHLOHQ :REHL GHU =HOOVFKZLQJXQJVDNWLYDWRU HLQHQ K|KHUHQ $QWHLO KDEHQ GUIWH DOV DOOH XQVHUH PHGL]LQLVFKH .XQVW$EHUVHLQHQ9HUVWDQGGLHVHVJOlQ]HQGHXQGHLQPDOLJH,QVWUXPHQWGDVGHQ$UNRQLGHQ ]ZHL -DKUWDXVHQGH GHU WHUUDQLVFKHQ *HVFKLFKWH KDW EHUVWHKHQ XQG YHUDUEHLWHQ ODVVHQ VHLQ

*HKLUQ VDPW GHQ .HQQWQLVVHQ GHU $5. 6800,$ GLHVHV ,QVWUXPHQW N|QQHQ ZLU DXI *lD QLFKWPHKUKHLOHQ Ä1HLQ'DVNDQQQLHPDQGSIOLFKWHWHLKPGHU$UDEHL $P6HSWHPEHUGHV-DKUHVYHUVXFKWHQGLH)UHXQGH$WODQVQDFKGHPGDV([SHULPHQW PLW GHQ 0XF\V GHQ 0XOWLF\ERUJV HQGJOWLJ IHKOJHVFKODJHQ ZDU VHLQH ODQJVDPH +HLOXQJ PLW]XYHUIROJHQ-HGHUYRQLKQHQZDUWHWHDXIGHQ=HLWSXQNWDQGHPPDQGHQ$UNRQLGHQDXV GHPJOlVHUQHQ6DUJGHVhEHUOHEHQVWDQNVHQWODVVHQNRQQWH6LFKHUODJGLHVHU7DJIHUQGLHN|U SHUOLFKHQ:XQGHQKHLOWHQLQPHGL]LQLVFKHLQZDQGIUHLHU=HLWVSDQQH'LH$XVHLQDQGHUVHW]XQJ ]ZLVFKHQ IUHPGHQ 0lFKWHQ (LQGULQJOLQJHQ ,QYDVRUHQ XQG $XVEHXWHUQ XQG (6 GHU GLH 0HQVFKKHLW YRQ 7HUUD RGHU GHP GULWWHQ 3ODQHWHQ YRQ /DUVDIV 6WHUQ VFKW]WH XQG GXUFK 0lQQHU ZLH $WODQ XQG 3WDK6RNDU YHUWHLGLJHQ OLH VFKLHQ HLQHQ QHXHQ +|KHSXQNW ]X HUUHLFKHQ (LQNOHLQHU.RQWLQHQWZUGHVLFKLQV0LWWHOPHHUVHQNHQ (U PXWH ZLH HLQH 3ODQHWHQERPEH HLQVFKODJHQ 'LH 9HUZVWXQJHQ ZUGHQ JLJDQWLVFKH $XVPDHHUUHL FKHQ'D$WODQ]XVDPPHQPLWHLQHUUlWVHOKDIWHQ0DQQVFKDIWHLQHPHEHQVROFKHQ6FKLIIXQG HLQHP2UDNHO$XIWUDJXQWHUZHJVZDUSDWHLQGDV%LOGGDVHUELVKHUHQWZRUIHQKDWWH$EHU REHV]XVFKDIIHQZDUELQQHQGLHVHUNXU]HQ)ULVWYRQZHQLJHUDOVQXQPHKULP5DKPHQGHU *HVFKLFKWH IQI 0RQGHQ VlPWOLFKH .VWHQEHZRKQHU YRQ PHKU DOV GHU +lOIWH DOOHU 0LWWHOPHHUVWUlQGH ]X ZDUQHQ GDV PXWH VHOEVW XQWHU RSWLPLVWLVFKVWHQ *HVLFKWVSXQNWHQ DOV PHKUDOVIUDJOLFKHUVFKHLQHQ 6FDUURQ(\PXQGVVRQSUHWHGLH+lQGHYRULKU*HVLFKW1DFKHLQHU:HLOHIUDJWHVLHXQUXKLJ Ä:DQQZDUGLH=HLWYRQGHU$WODQVSUDFK" Ä=LHPOLFK JHQDX HLQWDXVHQGYLHUKXQGHUWIQI]LJ YRU &KULVWL *HEXUW HQWJHJQHWH &\U WRQORV Ä0DQKDW7DXVHQGHHQWVSUHFKHQGHU$QDO\VHQXQWHUQRPPHQ0LWJU|WHU:DKUVFKHLQOLFKNHLW LVW GDV GLH =HLW LQ GHU GLH /HJHQGH GHV XQWHUJHJDQJHQHQ $WODQWLV HQWVWDQG ,UJHQGZDQQ KDW GDQQ3ODWRQGHU3KLORVRSKLQVHLQHQ'LFKWXQJHQRGHU'LDORJHQ7LPDLRVXQG.ULWLDVDXVHLQHU /HJHQGH HLQH :DKUKHLW JHPDFKW 'LHV ZLHGHUXP IKUWH ]X ]DKOORVHQ DQGHUHQ /HJHQGHQ HV ZXUGHQYLHOH%FKHUGDUEHUJHVFKULHEHQXQGQLHPDQGZHLWDWVlFKOLFKGLH:DKUKHLW Ä9LHOOHLFKWZLVVHQZLUVLHLQHLQLJHQ6WXQGHQIUDJWHVLFK6FDUURQODXW Ä9LHOOHLFKW8QGDXFKGDQQEOHLEHQQRFK0LOOLRQHQYRQ)UDJHQRIIHQ Ä(LQH ]XVlW]OLFKH )UDJH KDEH LFK VDJWH GHU $UD PLW GQQHU 6WLPPH Ä'DV VHOWVDPH 2UDNHO VSUDFKYRQHLQHU,QVHOHLQHPEHZRKQWHQ:HOWHQVSOLWWHUGHUVLFKLQV0HHUIDOOHQODVVHQZLUG 'X &\U UHGHVW GDXHUQG YRQ GHU =HUVW|UXQJ GHU ,QVHO 6WURQJK\OH $WODQ XQG 3WDK6RNDU ZXUGHQ DEHU ZHJHQ GHV IOLHJHQGHQ .RQWLQHQWV XQG GHU %HVWLHQ DXIJHZHFNW XQG DQ GLH 2EHUIOlFKH GHV 3ODQHWHQ JHEUDFKW 6WHKHQ ELGH (UHLJQLVVH LQ XQPLWWHOEDUHP =XVDPPHQKDQJ" Ä'DVZHLLFKQLFKWVDJWH&\U Ä$WODQYHUORUELVKHUNHLQ:RUWGDUEHUGDHUHLQHQ9XONDQDXVEUXFKHUZDUWHWRGHUPLWHUOHEW KDW Ä,FKZHLQLFKWPHKUDOVLKUDXFKJDEGHU+LVWRULNHU]XUFN'MRVDQ$KDUNDPKHUHLQXQG EDODQFLHUWHHLQ7DEOHWWYROOHU.DIIHHEHFKHU(UVWHOOWHHVDXIGDV3XOW]ZLVFKHQGHQ=XK|UHUQ DEXQGPXUPHOWH Ä:LHZHLWLVW$WODQV2G\VVHHLQ]ZLVFKHQIRUWJHVFKULWWHQ" Ä6LH VLQG QRFK DXI 6WURQJK\OH HUZLGHUWH 6FDUURQ Ä(V JHKW ZHLWHU 0HORV XQG .HRV ]ZHL ZHLWHUH,QVHOQVLQGGLHQlFKVWHQ=LHOH $WODQV *HVLFKW ZDU XQWHU GHU PRGLIL]LHUWHQ 6(57+DXEH QLFKW ]X HUNHQQHQ $XI GHP +DXWJHZHEH GHU %UXVW GDV VLFK ODQJVDP VFKOR XQG JOlWWHWH ODJ XQEHZHJOLFK GHU =HOOVFKZLQJXQJVDNWLYDWRU'LHPHLVWHQGHUNOHLQHUHQ9HUOHW]XQJHQZDUHQEHUHLWVZLHGHUJH KHLOW 'LH JU|HUHQ :XQGHQ XQG GLH JUlOLFKHQ 6SXUHQ GHU 9HUEUHQQXQJHQ ERWHQ HLQHQ $QEOLFNGHUQXUGLH0HGL]LQHUQLFKWHUVFKWWHUWH

-HW]W ]LWWHUWHQ VLH QLFKW PHKU VR VHKU XP $WODQV N|USHUOLFKH *HQHVXQJ VRQGHUQ XP GHQ =XVWDQG VHLQHV 9HUVWDQGHV :HQQ HU (UHLJQLVVH LQ HLQH (U]lKOXQJ HLQIORFKW GLH HU ]X GHP =HLWSXQNWQRFKJDUQLFKWNDQQWHDOVGLH7DWVDFKHQGHUQlPOLFKHQ(U]lKOXQJVWDWWIDQGHQGDQQ NRQQWHGLHVHLQHKDUPORVH)HKOOHLVWXQJVHLQ $EHU DXFK GDV =HLFKHQ GDIU GD YLHO VFKOLPPHUH QLFKW PHKU ]X KHLOHQGH 9RUJlQJH LQ VHLQHP9HUVWDQGDEOLHIHQ 'MRVDQ$KDUVHW]WHVLFKYRUHLQHVGHU3XOWHXQGQDKPGHQ%HFKHULQVHLQHDXIJHUHJW]LWWHUQGHQ )LQJHU $XFK HU ZDU LQ GHQ %DQQ JHVFKODJHQ YRQ GHQ %LOGHUQ GLH $WODQ DXV HLQHU ZHLW ]XUFNOLHJHQGHQ =HLW GHU (UGH VFKLOGHUWH %URQ]H]HLW VSlWH %URQ]H]HLW LP 0LWWHOPHHUUDXP GDV (QWVWHKHQ MHQHU JULHFKLVFKHQ 1DWLRQ GHUHQ 'HQNHQ XQG QDWXUZLVVHQVFKDIWOLFKH )RUVFKXQJGHUHQ*|WWHUZHOWGLH+HOGHQHSHQXQGVFKOLHOLFKGLH6WDDWV IRUP GHU 'HPRNUDWLH SUDNWLVFK MHGHQ 0HQVFKHQ GHU (UGH LUJHQGZLH ZHQQ DXFK QXU JHULQJIJLJ EHHLQIOXW KDWWHQ $P =XVWDQGHNRPPHQ GLHVHU .XOWXU ZDU $WODQ QLFKW XQEHWHLOLJWJHZHVHQGDPDOV$WODQEHULFKWHWHZHLWHU *HZDOWLJH *HELUJH DXV :RONHQ WUPWHQ VLFK GLH QlFKVWHQ VLHEHQ 7DJH EHU GHP 0HHU XQG GHQ,QVHOQDXI'LH6RQQHYHUVFKZDQGGDKLQWHUWDXFKWHZLHGHUDXIZXUGHDEHUPDOVYHUGHFNW 'HOSKLQHEHJOHLWHWHQXQVHU6FKLIIXQGWULHEHQLKUHEHUPWLJHQ6SLHOH:LUVDKHQ.RUPRUDQH XQG 0|YHQ GLH DXI XQV ]XIORJHQ XQG NXU] YRU GHP 6FKLII LKUH 5LFKWXQJ lQGHUWHQ (LQPDO ]RJHQ GLFKW YRU XQV LP UHFKWHQ :LQNHO ]X XQVHUHU 5RXWH GUHL PlFKWLJH :DOH YRUEHL XQG EOLHVHQLKUH)RQWlQHQLQGLH/XIW Ä(V VFKHLQW DOV KlWWHQ ZLU GLH $ULDGQH EHU]HXJW PHLQWH 3WDK Ä6R RGHU lKQOLFK ZLUG HV EHUDOOVHLQ6LHJODXEHQXQVQRFKQLFKW6LHEUDXFKHQHLQ=HLFKHQ ,FK KRE GLH 6FKXOWHUQ :HLW XQG EUHLW ]HLJWH VLFK NHLQ ]ZHLWHV 6HJHO 8QVHU .XUV OLHI EHU 0HORVXQG.HRVQDFK$WKHQ,PPHUZLHGHUWDXFKWHQIHUQNOHLQH,QVHOQDXIXQGYHUVFKZDQGHQ ZLHGHU0HORVODJGUHL6WXQGHQYRUXQV1HVWRUQDYLJLHUWHQDFK3ULQ]LSLHQGLHLFKQRFKQLFKW HUJUQGHW KDWWH WURW]GHP VWLPPWHQ VHLQH .XUVH ,FK NRQQWH HV PLW GHP ZLQ]LJHQ .RPSD NRQWUROOLHUHQGHQLFKDOV$PXOHWWXPGHQ+DOVWUXJ Ä%OLW]DUWLJ JHIlOOWH 6WLHUH 'DPSIIRQWlQHQ DXV GHP 0HHU HLQ EHUOHJHQHV :LVVHQ ZDV N|QQHQZLUQRFKDQGHUHVWXQXPVLH]XEHU]HXJHQ"IUDJWHLFK]XUFN1HVWRUZLHJWHVHLQHQ JUDXKDDULJHQ6FKlGHOXQGHUNOlUWH Ä,FKELQVLFKHUGDGLHDOWH)UDXDXIGHP6WLHUNRSIWKURQGDV2UDNHOXQWHUVWW]W6LHVDJWHHV ]XPLU1LFKWJHUDGHVRQGHUOLFKGHXWOLFKDEHULFKNRQQWHHVLKUHU$QWZRUWHQWQHKPHQ Ä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|KH %HJHLVWHUW VFKULHQ GLH 3ULHVWHU GD GLHV HLQ =HLFKHQ GHU *|WWLQVHL6LHKDEHXQVHU2SIHUDQJHQRPPHQ8QGMHGHPGHUVLFKKLHU+LOIHKROWHZUGHQ GLH3ULHVWHUGLH%RWVFKDIWGHV2UDNHOVYHUNQGHQ

:LU EHVFKZRUHQ VLH GLH %HY|ONHUXQJ GHU ,QVHO ]X HYDNXLHUHQ KLQEHU ]XP )HVWODQG 6LH YHUVSUDFKHQHV $PQlFKVWHQ0RUJHQUXGHUWHQZLUJHJHQGHQZHVWOLFKHQ:LQGDQVFKZDQJHQGLH&+$5,6 KHUXPXQGJLQJHQZLHGHUDXI2VWNXUV (LQHQ KDOEHQ 7DJ VSlWHU HUUHLFKWHQ ZLU GUHL JU|HUH ,QVHOQ ]XU 5HFKWHQ ]XUFNODVVHQG ,ULQ DXI.HRV0HKURGHUZHQLJHUZLHGHUKROWHVLFKDOOHVZDVZLUDXI.QRVVRV6WURQJK\OH0HORV HUOHEWKDWWHQ*DVWIUHXQGVFKDIWRKQH3UREOHPHGDQNGHV5LQJHVGHQXQV0LQRRVPLWJHJHEHQ KDWWHJHVSDQQWH$XIPHUNVDPNHLWDOOHU0HQVFKHQPLWGHQHQZLUVSUDFKHQXQGGLH]|JHUQGHQ 9HUVSUHFKHQVLFK]XUHWWHQXQGDXFKDQGHUHQGLH:RUWHGHV2UDNHOVPLW]XWHLOHQ,FKNRQQWH NHLQHQ RGHU ]X ZHQLJ (UIROJ HQWGHFNHQ XQG ZXUGH PLPXWLJ 0LW MHGHP 7DJ NDP GLH .DWDVWURSKH QlKHU XQG VFKOLHOLFK VROOWHQ ZLU YHUVXFKHQ GLH DXVVWU|PHQGHQ %HVWLHQ ]X EHNlPSIHQ 6FKZHLJHQ 5HJXQJVORVLJNHLW XQG 7UDXHU HPSILQJHQ XQV DOV ZLU LQ GHQ +DIHQ $WKHQV HLQUXGHUWHQ Ä'HU .|QLJ LVW WRW ULHI XQV GHU +DIHQPHLVWHU ]X Ä*DQ] $WKHQ WUDXHUW :DV ZSOOW LKU ]X GLHVHU=HLW" :LUHUNOlUWHQHVLKP6HLQ:LGHUVWDQGVFKZDQGGD KLQZLUKDWWHQDXI6HHQLFKWZLVVHQN|QQHQZDVYRU]ZHL7DJHQJHVFKHKHQZDU Ä6LHZHUGHQGHQ.|QLJEHJUDEHQIOVWHUWH1HVWRU3HUVHVIXKUIRUW Ä,Q HLQHP JHZDOWLJHQ 7KRORV HLQHP .XSSHOJUDE *HOHJHQKHLW IU GLFK $WODQ EHU]HXJHQG DXI]XWUHWHQ'HQNHGLUHWZDV*HZDOWLJHVDXVMD" ,FKQLFNWHLKPGDQNEDU]XXQGGDFKWHQDFKPLWZHOFKHQ0LWWHOQPHLQHU$XVUVWXQJHLQ]HOQ RGHUNRPELQLHUWDQJHZDQGWNRQQWHLFKGLHXQJOlXELJHQ0HQVFKHQVRHUVFKUHFNHQGDVLHYRU GHPXQJOHLFKJU|HUHQ6FKUHFNHQIOFKWHWHQEHYRUHV]XVSlWZDU" Ä:DV QXQ" IUDJWH 1HVWRU GHQ +DIHQPHLVWHU Ä:LU EUDXFKHQ HLQ 4XDUWLHU GDV XQV YRU GHQ NDOWHQ:LQGHQVFKW]W Ä,KUN|QQWEHLPLUEOHLEHQ(U]lKOWHVFKQHOOGLH5LHPHQGROOHQXQVHUHV6FKLIIHVVFKORPLW JURHU(UIDKUXQJDXIGLH$Q]DKOGHU%HVDW]XQJXQGSUHWHGLH/LSSHQDXIHLQDQGHUÄ)QI]LJ 0lQQHU"(VZLUGHQJZHUGHQ,KUPWGDEHLVHLQZHQQGHU.|QLJEHJUDEHQZLUG Ä'DUDXINDQQVLFKJDQ]$WKHQYHUODVVHQYHUVLFKHUWHLFK :LU YHUVXFKWHQ HV XQV VR EHTXHP ZLH P|JOLFK ]X PDFKHQ +DIHQ XQG 6LHGOXQJ ODJHQ ZHLW DXVHLQDQGHU 'HQ 5HVW GHV 7DJHV YHUEUDFKWH GHU JU|WH 7HLO GHU 0DQQVFKDIW GDPLW VLFK XP]XVHKHQ)UDJHQ]XVWHOOHQXQGPLWMHGHPGHQVLHWUDIHQEHUGDV2UDNHO]XVSUHFKHQ:LH LPPHU VFKLOGHUWHQ VLH GLH )OXWZHOOH XQG GLH 9HUZVWXQJHQ GDV 0RUGHQ GHU 8QJHKHXHU XQG DQGHUH6FKUHFNHQ:LUPDFKWHQXQVDXIGHQ:HJXPGLH6WDGW]XEHVXFKHQ $XFKEHU$WKHQODJHLQEHNOHPPHQGHV6FKZHLJHQ 'LH%HY|ONHUXQJYLHOOHLFKWYLHUWDXVHQG0HQVFKHQJLQJUXKLJLKUHU%HVFKlIWLJXQJQDFK$EHU ]ZLVFKHQGHU6WDGWJUHQ]HXQGHLQHPEHZDFKVHQHQ+JHOHWZDHLQHKDOEH6WXQGH)XPDUVFK HQWIHUQWEHZHJWHQVLFK 0lQQHU XQG ]DKOUHLFKH *HVSDQQH :LU ]HLJWHQ PHKUPDOV GHQ 5LQJ GHV 0LQRRV XQG ]XP HUVWHQPDO DXI XQVHUHU 5HLVH PXWHQ ZLU HUNHQQHQ GD GLHVHV =HLFKHQ QXU ZLGHUZLOOLJ DQHUNDQQWZXUGH Ä$OVRKHUUVFKW]ZLVFKHQGLHVHP2UWDP)HVWODQGXQGGHU,QVHOHLQHGHXWOLFKH5LYDOLWlWIDWH 0HURSVXQVHUHYLHOIlOWLJHQ%HREDFKWXQJHQ]XVDPPHQÄ$XFKGDVVROOWHQZLUDXVQXW]HQ Ä,FKGHQNHGDUDQEUXPPWHLFK (LQ ODQJHU =XJ YRQ 0HQVFKHQ EHZHJWH VLFK ]ZLVFKHQ GHP 7KRORV XQG GHP EHIHVWLJWHQ 6WDGWWRU KLQ XQG KHU ,Q HLQHP +JHO ZDUHQ HLQ ODQJHU DXV 4XDGHUQ JHPDXHUWHU *DQJ XQG HLQH JHZDOWLJH .XSSHO|IIQXQJ DXIJHEURFKHQ ZRUGHQ 'HU NDQWLJH .UDJVWHLQ UXKWH LQ HLQHP *HVWHOODXVEHKDXHQHQ+RO]EDONHQGLHPLW6WULFNHQVDXEHUDQHLQDQGHUJHEXQGHQZDUHQ'LH .XSSHO XQWHU GHP +JHO ZDU QLFKW QLHGULJHU DOV DFKW QHXQ 0DQQVOlQJHQ LKU 'XUFKPHVVHU EHWUXJHWZDGDVJOHLFKH6FKZDU]XQGGURKHQGUDJWHQ=\SUHVVHQUXQGXPGHQ*UDEKJHODXI

2EZRKO HV JHUDGH QRFK 7DJ ZDU KLHOWHQ YLHOH 0lQQHU EUHQQHQGH )DFNHOQ KRFK 5LHVLJH %O|FNH VHQNUHFKW XQG ZDDJUHFKW DXIHLQDQGHU JHWUPW ELOGHWHQ GHQ (LQJDQJ %URQ]HSODWWHQ EHIDQGHQ VLFK DQ GHQ :lQGHQ (V ZDU HLQ JLJDQWLVFKHV EDUEDULVFKHV *UDE GDV QLFKW ]XP HUVWHQPDOEHQXW]WZXUGH (LQ%HZDIIQHWHUKLHOWXQVDXI Ä,KUGD,KUVFKHLQWYROOHU1HXJLHUGH]XVHLQ" ,FKYHU]LFKWHWHDXIGLH'HPRQVWUDWLRQGHVPLQRRLVFKHQ6LHJHOVXQGHUNOlUWHZHUZLUZDUHQ ZRKHUZLUNDPHQXQGGDZLUGLH%RWHQGHV2UDNHOVZlUHQ,PPHUZLHGHUGLHVHOEHQ:RUWH GLHJOHLFKHQ:HQGXQJHQ1DFKGHPZLUHLQHUVWlQGLJJU|HUZHUGHQGHQ*UXSSHYRQ:DFKHQ DOOHV HUNOlUW KDWWHQ ZXUGH XQV I|UPOLFK DXIJHWUDJHQ QDFKWV EHLP %HJUlEQLV GHV .|QLJV )DFNHOQ]XKDOWHQXQG]XZHKNODJHQ:LUYHUVSUDFKHQHV 6R VFKQHOO ZLH P|JOLFK JLQJHQ ZLU ]XUFN ]XP 6FKLII :LU OLHHQ 'HQGUR EHLP *UDEKJHO ]XUFN(UVROOWH JHQDX EHREDFKWHQ DXI ZHOFKH :HLVH ZLU GLH 0HQVFKHQ EHU]HXJHQ NRQQWHQ $XV GHQ 9RUUlWHQ GHV 6FKLIIHV UVWHWHQ 3WDK 1HVWRU XQG LFK XQV DXV :LU DHQ XQG WUDQNHQ HLQH .OHLQLJNHLWPLHWHWHQYRP+DIHQPHLVWHUHLQ*HVSDQQXQGGRQQHUWHQ]XUFN]XP*UDEKJHO ,Q]ZLVFKHQ ZDU HV 1DFKW JHZRUGHQ .UlKHQVFKZlUPH NUHLVWHQ EHU GHQ =\SUHVVHQZLSIHOQ XQG IORJHQ GDYRQ DOV HLQ ZHLElUWLJHU 0DQQ LKQHQ PLW JHEDOOWHU )DXVW GURKWH XQG VLH YHUIOXFKWH :LU PLVFKWHQ XQV XQWHU GLH :DFKHQ GLH VLFK ODQJVDP ]X HLQHU ODQJHQ .HWWH ]ZLVFKHQ GHU 6WDGW XQG GHP *UDE PLW GHQ JUQHQ (LQJDQJVVlXOHQ IRUPLHUWHQ $XV GHU 6WDGW HUVFKROO GHU GXPSIH/lUPHLQHUJURHQ0HQVFKHQPDVVH'DV'U|KQHQULHVLJHU7URPPHOQPDUNLHUWHMHGHQ ]ZHLWHQ6FKULWWHLQHU3UR]HVVLRQGLHVLFKIHLHUOLFKODQJVDPQlKHUWH*UHOOH6FKUHLHHUW|QWHQLQ XQUHJHOPlLJHQ$EVWlQGHQ'LH)ODPPHQGHU)DFNHOQXQGGHU4XDOPGHUYRQLKUHQ(QGHQLQ GHQ VWHUQNODUHQ 1DFKWKLPPHO DXIVWLHJ ELOGHWHQ EHU GHU VFKZDFK HUKHOOWHQ 6LOKRXHWWH YRQ $WKHQHLQHNOHLQHVSLUDOLJLQHLQDQGHUYHUVFKPHO]HQGH:RONH ,QGHU0LWWHGHU*UDENXSSHODXVVRUJIlOWLJJHPHLHOWHQ%O|FNHQZDUHLQJURHVUHFKWHFNLJHV *UDE IDVW ]ZHL 0DQQVOlQJHQ WLHI XQG LP *HYLHUW DXVJHKREHQ ZRUGHQ +RO]ERKOHQ PLW )HOOHQJROGGXUFKZLUNWHQ7HSSLFKHQXQG0lQWHOQEHGHFNWODJHQGDULQ=ZLVFKHQGHP(QGH GHV ODQJHQ 'URPRV GHV *DQJHV YROOHU %URQ]HWDIHOQ ZDU HLQ PlFKWLJHU 6FKHLWHUKDXIHQ DXI JHWUPWZRUGHQ]ZLVFKHQGHVVHQ+RO]PDQHLQHQEUHLWHQ'XUFKJDQJJHODVVHQKDWWH 'HQGURQlKHUWHVLFKXQVHUHU*UXSSH(UZLUNWH]XIULHGHQXQGWHLOWHXQVVHLQH%HREDFKWXQJHQ IOVWHUQGPLW 1LHPDQG YRQ HXFK ZLUG MHPDOV HLQHQ GLHVHU 0HQVFKHQ ZLHGHUVHKHQ VDJWH GDV ([WUDKLUQ EHVFKZ|UHQG/DWHXFKYRQ7UDXHUXQG0LWOHLGQLFKW]XVHKUIHVVHOQ 'LH:DUQXQJZDUEHUHFKWLJWVDJWHLFKPLUEHZXW DEHU VLH EHZLUNWH QLFKWV 'LH 6WLPPXQJ LQ GHU VLFK HLQ SDDU 7DXVHQG 0HQVFKHQ EHIDQGHQ JULIIDXIXQVEHU2EZRKOZLUQLFKWHLQPDOGHQ7RWHQNDQQWHQREZRKOZLUPLWLKPDOVHU QRFK DXI GHP 0DUPRUWKURQ VD NHLQ :RUW JHZHFKVHOW KDWWHQ EHJULIIHQ ZLU GLH 7UDXHU GHU 0HQVFKHQ 'LH6SLW]HGHV=XJHVNDPQlKHU *HGUXQJHQH 6NODYHQ LQ ZHLHQ *HZlQGHUQ WUXJHQ GLH ZXFKWLJHQ 7URPPHOQ 3ULHVWHU XQG 1RYL]HQVFKOXJHQPLW6FKHQNHONQRFKHQYRQ6WLHUHQRGHU3IHUGHQGDUDXI'DKLQWHUNDPHLQH *UXSSHYRQ)UDXHQGLHVLFKGDV+DDUUDXIWHQGLH*HVLFKWHUPLWGHQ)LQJHUQlJHOQ]HUNUDW]WHQ XQG VFKULOOH :HKNODJHQVVFKUHLH DXVVWLHHQ +LUWHQ NDPHQ GDKLQWHU GLH DXI GHQ 6\ULQJHQ YHUVFKLHGHQODQJHQ5|KUHQZLPPHUQGH3IHLIW|QHHU]HXJWHQ6FKZHLUDQQLQEUHLWHQ%lFKHQ YRQGHQ*HVLFKWHUQ'LH.OlQJHYRQNOHLQHQ+DUIHQGLHYRQVFKZHLJHQGZHLQHQGHQ0lQQHUQ JH]XSIW ZXUGHQ JLQJHQ LQ GHP GXPSIHQ XQG JUHOOHQ /lUP XQWHU .OlIIHQGH XQG KHXOHQGH +XQGH EHJOHLWHWHQ GLH 3UR]HVVLRQ )XQNHQ ZLUEHOWHQ YRQ GHQ )DFNHOQ LQ GLH /XIW 'HU /HLFKQDP GHV .|QLJV ZXUGH YRQ PLQGHVWHQV GUHLLJ 0lQQHUQ JHWUDJHQ HU UXKWH DXI HLQHP 6WDQJHQJHVWHOOXQGZDUDXIPHKUHUHSUlFKWLJH6FKLOGHJHEHWWHW'HU.|USHULQHLQHUJROGHQHQ

3UXQNUVWXQJZDUYRQ0lQWHOQXQG'HFNHQEHUKlXIWhEHUGHP*HVLFKWGHV.|QLJVODJHLH 0DVNH DXV *ROG 6LH ]HLJWH GDV KDUWH *HVLFKW HLQHV DOWHQ 0DQQHV MHGH /RFNH XQG MHGHU .ULQJHO GHV %DUWHV ZDU PRGHOOLHUW ,P IODFNHUQGHQ /LFKW VFKLHQHQ VLFK GLH JROGHQHQ *HVLFKWV]JH]XEHZHJHQGLH/LSSHQVFKLHQHQ*HEHWHRGHU)OFKH]XPXUPHOQ Ä(V ZLUG ODQJH GDXHUQ VDJWH 1HVWRU HUJULIIHQ ÄELV GDV *UDE ZLHGHU YHUVFKORVVHQ ZHUGHQ NDQQ Ä)UXQVPHLQWH3HUVHVNQDSSÄLVWGDV)HXHUZLFKWLJ Ä(V ZLUG ELV ]XP 0RUJHQ EUHQQHQ (LQH ULHVLJH 0DVVH +RO] VWHFNW GRUW XQWHQ YHUVLFKHUWH 0HURSV 'HU =XJ HUUHLFKWH MHW]W GHQ (LQJDQJ 8QYHUlQGHUW KLHOW GHU /lUP DQ (U ZDU GHU $XVGUXFN HLQHU NROOHNWLYHQ 7UDXHU GLH QLFKW HLQHQ $XJHQEOLFN GHQ (LQGUXFN YRQ +\VWHULH KHUYRUULHI VRQGHUQ GHU QDWUOLFKH $XVGUXFN HLQHV 6FKPHU]HV ZDU GHU DOOH 0HQVFKHQ JOHLFKHUPDHQ JHSDFNWKLHOWZHQLJVWHQVIUGLH'DXHUGLHVHU=HUHPRQLH 'LH $WKHQHU YHUWHLOWHQ VLFK LQ HLQHP +DOENUHLV XP GLH 0DXHU GLH GHQ +JHO XPVlXPWH VWDXWHQ VLFK YRU GHP JlKQHQGHQ (LQJDQJ HUNOHWWHUWH GHQ +JHO XQG NODPPHUWH VLFK DQ GLH bVWH GHU (LFKHQ 'LH %DKUH NDP QlKHU GDKLQWHU VDKHQ ZLU 0HQVFKHQ GLH .RVWEDUNHLWHQ WUXJHQ .UJH YROOHU gO 5LQJH XQG :DIIHQ $UPUHLIHQ XQG %HFKHU N|QLJOLFKH 6LHJHO XQG *HJHQVWlQGHXQWHUGHQHQZLUVRJDU6FKQLW]ZHUNXQG6WDWXHQDXVbJ\SWHQHUNDQQWHQ :LUYRQGHU&+$5,6QDKPHQXQVHUH3OlW]HHLQVRXQDXIIlOOLJZLHQXUP|JOLFK 'LH %DKUH YHUVFKZDQG LP (LQJDQJ 'LH .RVWEDUNHLWHQ GHU %HVLW] GHV 7RWHQ ZXUGHQ KLQWHUKHU JHWUDJHQ 9HUVFKLHGHQH .LVWHQGLHDOOHVDPWNRVWEDUDXVVDKHQIROJWHQXQGZXUGHQ UXQGXPGDV*UDEDEJHVWHOOW 8QWHU 7URPPHOVFKOlJHQ XQG .ODJHQ VHQNWH PDQ GLH %DKUH PLW GHP /HLFKQDP LQ GDV YRUEHUHLWHWH *UDE 6lPWOLFKHU %HVLW] IROJWH XQG ZXUGH QDFKGHP PDQ GHQ 7RWHQ PLW VHLQHQ 6FKLOGHQ XQG :DIIHQ DEJHGHFNW KDWWH EHU LKQ JHWUPW hEHU GHP +RO]VWR GHU QXQ GHQ /HLFKQDP EHGHFNWH ZXUGHQ 7UDQNRSIHU DXV JURHQ .UJHQ GDUJHEUDFKW +RKO XQG JHKHLPQLVYROO HUVFKROO GDV .UDFKHQ ]HUVSOLWWHUQGHU .UJH 'DQQ ]HUUWH PDQ IULVFK JHZDVFKHQH XQG NRVWEDU JHVFKPFNWH 2SIHUWLHUH LQ GHQ 'URPRV KLQHLQ VFKOXJ LKQHQ GLH 6FKlGHOPLW]HUHPRQLHOOHQ%URQ]HEHLOHQHLQXQGVFKQLWWGLH+lOVHGXUFK'DPSIHQGVSUXGHOWH %OXW DXV GHQ $GHUQ PLVFKWH VLFK PLW GHP URWHQ :HLQ XQG URFK V XQG ZLGHUOLFK %OXWEHVXGHOWNDPHQGLH3ULHVWHUZLHGHUDXVGHP(LQJDQJKHUYRUXQGZDUIHQVLFK]X%RGHQ 'LH 2SIHUWLHUH ZXUGHQ DXVJHZHLGHW EUHLWH )HWWVWUHLIHQ OHJWH PDQ XP GDV KDU]LJH +RO] GHV 6FKHLWHUKDXIHQVGHVVHQ%DONHQXQG%RKOHQDEJHWUDJHQXQGEHUGDV*UDEJHKlXIWZXUGHQ (LQ0lGFKHQQlKHUWHVLFKPLWNOHLQHQ6FKULWWHQ 6HLQ .|USHU ZDU QXU PLW HLQHP +IWWXFK EUHLWHQ 6FKPXFNElQGHUQ XQG 6DQGDOHQ EHNOHLGHW 6DOE|O XQG 6FKZHL ]HLFKQHWHQ YHUZDVFKHQH 0XVWHU DXI GLH +DXW 'DV 0lGFKHQ WUXJ LQ EHLGHQ +lQGHQ HLQHQ ZXQGHUVFK|Q YHU]LHUWHQ .UXJ DXV GHP :HLQ VSULW]WH 9RU GHP 6FKHLWHUKDXIHQ DQJHNRPPHQ KRE GLH 8QEHNDQQWH GHQ .UXJ KRFK EHU LKUHQ .RSI XQG ]HUVFKPHWWHUWHLKQDXIGHQ%DONHQ 'DQQ XPULQJWHQ HLQ 'XW]HQG YROO EHZDIIQHWHU .ULHJHU GDV 0lGFKHQ XQG KLHOWHQ LKUH ORGHUQGHQ)DFNHOQDQGHQ+RO]VWR+DU]gOXQGWURFNHQH6SlQHOLHHQDXJHQEOLFNOLFKGDV )HXHUKRFKORGHUQ 6FKULWW XP 6FKULWW ]RJHQ VLFK GDV 0lGFKHQ XQG GLH EURQ]HNOLUUHQGHQ .ULHJHU ]XUFN ,P 6FKHLWHUKDXIHQ EUDQQWH HLQH 3DFNXQJ DE GLH ZLU GRUW YHUVWHFNW KDWWHQ 6LH HU]HXJWH HLQH JHZDOWLJH +LW]H GLH VRIRUW GHQ +RO]VWRHQW]QGHWHGHQ:HLQYHUGDPSIWHXQGGLH'lPSIH EUHQQHQ OLH 6HNXQGHQ VSlWHU RUJHOWH HLQH ]HKQ 0DQQ KRKH 6WLFKIODPPH DXV GHU RIIHQHQ .XSSHO XQG HUKHOOWH GLH JHVDPWH 8PJHEXQJ 6FKUHFNHUIOOW K|UWHQ GLH 0lQQHU DXI GLH 7URPPHOQ]XVFKODJHQ(LQ0XUPHOQXQG6FKUHLHQGHV(QWVHW]HQVJLQJGXUFKGLH0HQJH(LQ :LQGVWR ZLUEHOWH DXI EHVVHU HLQ 6RJ GHU WURFNHQH %OlWWHU 7FKHU XQG GHQ UHLFKOLFK DXIJHZLUEHOWHQ 6WDXE XQG 6DQG GXUFK GHQ (LQJDQJ UL XQG KHXOHQG GHU )ODPPH HQWJHJHQVFKLFNWH(VJDEHLQHGXPSIH([SORVLRQ

'DV)DXFKHQXQG+HXOHQGHU)ODPPHZXUGHQVFKZlFKHU'HUJUHOOH*ODQ]HUORVFK$XVGHU gIIQXQJGHV.XSSHOJUDEHVGLHZLHHLQ.DPLQZLUNWHGUDQJHLQHVFKQHHZHLH:RONHKHUYRU YRQURWHQ%OLW]HQGXUFK]XFNW6LHVFKUDXEWHVLFKLQGLH+|KHKOOWHHLQL JH$XJHQEOLFNHODQJGLH%DXPZLSIHOHLQXQGO|VWHVLFKDXI :LHGHUVFKOXJHQGLH)ODPPHQGHV6FKHLWHUKDXIHQVDXVGHUgIIQXQJ 1DFK HLQLJHQ 0RPHQWHQ GHV 6FKUHFNHQV VDPPHOWHQ VLFK GLH 0XVLNHU ZLHGHU 'HU 7DNW GHU 7URPPHOQXQGGLHZLPPHUQGHQ0HORGLHQGHU6\ULQJHQZDUHQZLHGHUXQXQWHUEURFKHQ0LWWHQ DXVGHUSHFKVFKZDU]HQ5DXFKZRONHGLHMHW]WDXVGHP*UDEKHUYRUTXROOVWDFKHLQH/LFKWVlXOH VHQNUHFKWLQGLH+|KH(LQHKDOOHQGH6WLPPHEUDFKVLFK%DKQXQGVFKULHXQEHUK|UEDUODXW XQGPLWHLQHPODQJHQ1DFKKDOO Ä)UHPGHVLQGYRQGHQ,QVHOQJHNRPPHQ)UHPGHGLHHLQ2UDNHO]XYHUNQGHQKDEHQ 'LH0HQJHK|UWHGLH:RUWHXQGPXUPHOWHEHUUDVFKW:LHGHUWUDWHLQH3DXVHHLQLQGHUGDV +RO] XQG DOOH DQGHUHQ 7HLOH GHV 6FKHLWHUKDXIHQV EUDQQWHQ (LQ XQEHVFKUHLEOLFK DEVWRHQGHU *HUXFK EUHLWHWH VLFK ZLH HLQH *DVZRONH ULQJV XP GHQ +JHO DXV (V VWDQN QDFK GHQ YHUEUDQQWHQ +lXWHQ GHU 7LHUH QDFK LKUHQ VFKPRUHQGHQ .QRFKHQ XQG GHP %OXW QDFK GHP :HLQXQGHLQLJHQ'XW]HQGDQGHUHU'LQJHGLHEURGHOQGXQGEOXEEHUQGYHUEUDQQWHQXQGVLFK DXIO|VWHQ+RO]EUDQQWHHEHQVRZLH+RUQ*ROGVFKPRO]XQG%URQ]HYHUIRUPWHVLFK 1DFKHLQLJHU=HLWLQGHUGLH7DXVHQGHUHJXQJVORVYHUKDUUWHQGUHKWHVLFKSXOVLHUHQGHLQHLQ DOOHQ )DUEHQ VFKLOOHUQGH :RONH KHUDXV $OV VLH VLFK LQ GHU +|KH GHU %DXPZLSIHO EHIDQG HUVFKLHQPLWWHQLQLKUGDV*HVLFKWGHVWRWHQ.|QLJV 6HLQH /LSSHQ EHZHJWHQ VLFK HV KDWWH XQV QLFKW ZHQLJ 0KH JHNRVWHW GLH 3URMHNWLRQ IU ZHQLJH$XJHQEOLFNHVWDELO]XKDOWHQ'U|KQHQGYHUNQGHWHGHUÄ*HLVWGHV7RWHQ Ä+|UW]XZDVGLH)UHPGHQHXFKEHULFKWHQ*ODXEWLKQHQ(LQ2UDNHONDQQQLFKWOJHQXQG VLHVSUHFKHQYRQ JURHQ*HIDKUHQ*ODXEWLKQHQJODXEWLKQHQMHGHV:RUW 'DV *HVLFKW YHUVFKZDQG ]XJOHLFK YHUZHKWHQ GLH OHW]WHQ )HW]HQ GHU LULVLHUHQGHQ :RONH /DQJVDP]RJLFKPHLQHQ'ROFKXQG]RJPLFKLQGLH'XQNHOKHLWGHU'HFNXQJHLQHVERUNLJHQ %DXPVWDPPV]XUFN ,FK]LHOWHDXIGLH.QLHGHVMXQJHQ0lGFKHQVQHEHQGDVMHW]WHLQMQJHUHU0DQQPLWDXIIDOOHQG EUHLWHQ6FKXOWHUQJHWUHWHQZDU)DVWODXWORVO|VWHVLFKHLQ/lKPVFKXWUDIJHQDXGDV=LHOXQG GDV0lGFKHQVDFNWH]XVDPPHQ$XJHQEOLFNOLFKKDQGHOWHGHUMXQJH0DQQGHUHEHQVRZLHVLH HLQ HQJHU 9HUZDQGWHU GHV 7RWHQ ]X VHLQ VFKLHQ YHUPXWOLFK VHLQH 7RFKWHU XQG LKU %UXGHU 7KHVHXV YRQ GHP ZLU KDWWHQ UHGHQ K|UHQ*HQDXLQGHP0RPHQWLQGHPGHU-QJOLQJGDV 0lGFKHQ LQ VHLQH $UPH JHKREHQ KDWWH IHXHUWH LFK GHQ ]ZHLWHQ 6FKX DE 'HU MXQJH 0DQQ ]XFNWH]XVDPPHQVHLQ*ULIIXPGLH.QLHNHKOHQGHU6FKZHVWHUO|VWHVLFK.ULHJHUVSUDQJHQ KHUEHLXQGVWW]WHQGLHEHLGHQ $XVGHP(LQJDQJGHV*UDEHVORGHUWHQNOHLQH)ODPPHQ6LHGHQGHV|OOLHILQDOOH5LFKWXQJHQ DXVHLQDQGHUXQGHQW]QGHWHVLFK+LW]HXQG5DXFKGUDQJHQDXVGHQ/|FKHUQGHU0DXHUQ $XIPHUNVDP EHREDFKWHWHQ ZLU GLH 0HQVFKHQ 1RFK VFKZDQNWHQ VLH KLQ XQG KHU ]ZLVFKHQ (QWVHW]HQ XQG *ODXEHQ ]ZLVFKHQ GHP 9HUVXFK XP LKUHQ .|QLJ ]X WUDXHUQ XQG GHU 1HXJLHUGH DXI GLH )UHPGHQ XQG LKUH %RWVFKDIW 'LH .ULHJHU VFKOHSSWHQ GDV MXQJH 0lGFKHQ XQGGHQWDXPHOQGHQMXQJHQ.ULHJHUZHJ$EHUQRFKLPPHUDOOHUGLQJVQLFKWPHKUVRODXWXQG KHIWLJGU|KQWHQGLH7URPPHOQ 6FKOLHOLFK DOV GDV )HXHU LP ,QQHUQ GHV +JHOJUDEV HUORVFKHQ ZDU XQG QXU QRFK GLH KHOOH *OXW VWUDKOWH DOV GHU VFKZDFKH 1DFKWZLQG LQ HLQ]HOQHQ 6W|HQ GLH ULHVLJHQ :RONHQ DXV *HVWDQNXQG5DXFKGDYRQJHWUDJHQKDWWHHUVFKLHQHQEHUXQVZLHGHUGLH6WHUQH 8QGGHU0RQG(U]HLJWHHLQHVFKDUIH6LFKHOXQG QDKP YRQ 1DFKW ]X 1DFKW ]X 'LH HUVWHQ )DFNHOQ ZDUHQ DEJHEUDQQW 'DV :LPPHUQ XQG +HXOHQ GHU .ODJHZHLEHU KDWWH HLQHU WLHIHQ (UVFK|SIXQJ XQG HLQHP HEHQVR LQWHQVLYHQ 6FKZHLJHQ 3ODW] JHPDFKW 8QG MHW]W KDQGHOWH GXUFK HLQHQ )XQNVSUXFK 3WDK6RNDUV YHUVWlQGLJWGHU3URYLDQWPHLVWHUGHU&+$5,6+\ODVIHXHUWHQDFKHLQDQGHU]Z|OI)HXHUSIHLOH

PLWGHPULHVLJHQ%RJHQGHV6FKLIIHVDE 'LH *HVFKRVVH EHVFKULHEHQ ]XQlFKVW XQVLFKWEDU HLQHQ JHZDOWLJHQ DXIZlUWV JHULFKWHWHQ %RJHQ$P6FKHLWHOSXQNWIODPPWHQGLHVFKZHUHQ6SLW]HQDXIXQGELOGHWHQYRUGHU6LFKHOGHV 0RQGHVGHU%DUNHGHU*|WWLQQHXH6WHUQH 'LH ZLQ]LJHQ 6RQQHQ EHUVWUDKOWHQ GHQ *ODQ] GHU EOLQNHQGHQ 6WHUQH XQG GDV /HXFKWHQ GHV 0RQGHV :HL5RWXQG*HOE3XUSXUQXQGHLVLJHV%ODXHUVFKLHQXQGELOGHWHIUZHQLJH$XJHQEOLFNH HLQ QHXHV *HVWLUQ LP =HQLW 'LHVPDO ULVVHQ DOOH $WKHQHU GLH .|SIH KRFK PXUPHOWHQ XQG VSUDFKHQVWDXQHQGYRQHLQHPQHXHQ=HLFKHQXQGHLQHIDVWSDQLVFKH$XIUHJXQJEHPlFKWLJWH VLFKGHU0HQJH ,FKVFKREPHLQHQ'ROFKLQGLH6FKHLGH]XUFNQDKPPHLQHQ+HOPDEXQGJLQJODQJVDPDXI GLH*UXSSH]XGLHVLFKXPGLH.LQGHUGHV7RWHQJHVFKDUWKDWWHQ,FKSDFNWHGLH6FKXOWHUQYRQ ]ZHL.ULHJHUQVFKREGLH0lQQHUVDFKWDXVHLQDQGHUXQGVDJWH Ä,FKELQ$WODQGHU$QIKUHGHUMHQLJHQGLHGDV2UDNHOYHUNQGHQ:LUVFKODIHQLP+DXVGHV +DIHQPHLVWHUV :DQQVROOHQZLUGHP9RONGLH:RUWHXQGGLH%HGHXWXQJGHV2UDNHOVEHULFKWHQ" 'HU MXQJH )UVW GHU YHUPXWOLFK VHLQHP 9DWHU DXI GHQ 7KURQ QDFKIROJHQ ZUGH VDK PLFK YROOHU9HUZLUUXQJDQ6FKOLHOLFKVDJWHHUVWRFNHQG Ä.RPPW PRUJHQ LQ GHQ 3DODVW (LQH SO|W]OLFKH 6FKZlFKH ODKPWH PLFK QRFK QLH LVW GDV JHVFKHKHQ1RFKPVVHQZLUGDV*UDEVFKOLHHQ)UHPGHU$WODQ Ä6FKLFNHHLQHQ%RWHQVDJWHLFKÄ'LH=HLWGUlQJWXQGGDV9HUGHUEHQLVWQDKH'LH)OXWGLH DOOH.VWHQYHUZVWHWOlWVLFKQLFKWHLQGlPPHQ/DVVHXQVQLFKW]XODQJHZDUWHQGHQQMHGHU 7DJNRVWHWGDV/HEHQGHLQHU8QWHUJHEHQHQ Ä,FKKDEHGLFKYHUVWDQGHQVDJWH7KHVHXVÄ/DVVHXQVHLQPDOVFKODIHQ,P7DJHVOLFKWZLUNHQ YLHOH:XQGHUDOOWlJOLFK Ä'DV2UDNHOVSUDFKYRQ9HUQLFKWXQJHQGLHLPKHOOHQ/LFKWGHU6RQQHVWDWWILQGHQDQWZRUWHWH LFKÄ8QGPLWGLUWUDXHUQZLUXPGHQ.|QLJGHVVHQNDQQVWGXJHZLVHLQ Ä,FK GDQNH GLU )UHPGHU VDJWH HU IUHXQGOLFK DEHU QRFK LPPHU YHUZLUUW Ä6HOEVW GLH 6WHUQH DP+LPPHOGHXWHQDXIHXFK Ä6RLVWHVEHVWlWLJWHLFK]XIULHGHQÄ$OOHVZHUGHQZLUHUNOlUHQN|QQHQ$EHUZLUVLQGQLFKWV DQGHUHVDOVGLH:HUN]HXJHGHV2UDNHOV (U VHQNWH GHQ .RSI GLH 'LQJH ZDUHQ ]X JUR XQG QRFK ]X XQEHUVLFKWOLFK IU LKQ ,FK UHVSHNWLHUWH VHLQH LQQHUH (UVFK|SIXQJ XQG ZDQGWH PLFK DE :LU YHUVDPPHOWHQ XQV EHVSUDFKHQXQVNXU]XQGZDUHQQLFKWJDQ]HLQH6WXQGHVSlWHUZLHGHUDP+DIHQ (WZD HLQ 'XW]HQG YRQ XQV YHUVDPPHOWHQ VLFK XP HLQHQ ODQJHQ 7LVFK LQ HLQHU IDVW OHHUHQ 6FKHQNH:LUEHVWHOOWHQ:HLQ%UDWHQXQGJHNRFKWHQ)LVFKGHUXQVPLW%URWVFKHLEHQLQgO JHEUDWHQ VHUYLHUW ZXUGH ,FK ZHFKVHOWH PLW PHLQHQ )UHXQGHQ VFKZHLJHQGH %OLFNH :LU NRQQWHQ]XIULHGHQVHLQGHQQVRJDUGHU:LUWVSUDFKXQVZHJHQGHV2UDNHOVDQ Ä'LH $WKHQHU KDEHQ NHLQH DQGHUH :DKO VDJWH EHUJDQJVORV 1HVWRU Ä6LH ZHUGHQ XQV DOOHV JODXEHQ Ä(LQ VFKDXHUOLFKHV 6SHNWDNHO 0DFKHQ VLH HV LPPHU VR ZHQQ HLQ .|QLJ VWLUEW" PXUPHOWH 3HUVHV Ä0LW HLQLJHU 6LFKHUKHLW MD :R GLHV LVW PHLQH QlFKVWH )UDJH ZLUG VLFK HLJHQWOLFK GLH VWHLQHUQH,QVHOLQV0HHUVWU]HQ$WODQ" ,FK DKQWH ZRUDXI 0HURSV )UDJH ]LHOWH 0LFK SODJWH GLHVHOEH 8QJHZLKHLW ,FK KRE GHQ %HFKHUXQGQDKPHLQHQWLHIHQ6FKOXFNZLVFKWHGLH/LSSHQPLWGHP+DQGUFNHQDEXQGVDJWH PLU GD GHU XQYHUPLVFKWH :HLQ GHU *ULHFKHQ GDV EHVWH 0LWWHO ZDU KDOE EHVLQQXQJVORV ]X ZHUGHQXQGGLHVQDFKQXUZHQLJHQ%HFKHUQ Ä,FK ZHL HV QLFKW VDJWH LFK Ä$EHU GD VLFK 8QKHLO VXPPLHUW GD VLFK GDV %|VH VWHWV DXIHLQDQGHUKlXIWZLUGHVDQHLQHU6WHOOHVWDWWILQGHQDQGHUGDVJU|WP|JOLFKHhEHOHQWVWHKW Ä,QZLHYLHOHQ7DJHQ"

Ä,QHLQKXQGHUWDFKW]HKQ7DJHQVDJWH1HVWRUKDUWÄ,FKUHFKQHJHQDX)UHXQGH Ä.HLQHU ]ZHLIHOW GDUDQ HQWJHJQHWH LFK Ä+\ODV :LH VWHKHQ XQVHUH 0|JOLFKNHLWHQ GLH QlFKVWH 5HLVH PLW GHU &+$5,6 GXUFK]XIKUHQ" ,FK PHLQH GD HLQH .DUDZDQH DXV 3IHUGHQ XQG:DJHQOlQJHUEUDXFKWDOVHLQH)DKUWJHJHQGHQ:LQG 1HVWRUEOLFNWHPLFKVNHSWLVFKDQ3WDK]ZHLIHOORVNHLQEHJHLVWHUWHU6HHPDQQVFKWWHOWHGHQ .RSI XQG GHXWHWH PLW GUHL )LQJHUQ DQ VHLQH 6WLUQ 6HOEVW 3HUVHV GHU DP 6WHXHUUXGHU NHLQH )XUFKW]XNHQQHQVFKLHQPDFKWHHLQVNHSWLVFKHV*HVLFKW Ä(VNDQQVHLQVJWHHUVFKOLHOLFKDOVGHU:LUWXQG]ZHLPGH0lJGHXQVHU(VVHQEUDFKWHQ XQGGLH+RO]WHOOHUGLH7RQVFKDOHQXQGGLH.|UEHYHUWHLOWHQÄGDZLUHLQHQJQVWLJHQ:LQG KDEHQ $XI DOOH )lOOH ZLUG HU JHJHQ XQV ZHKHQ GHQQ ZLU PVVHQ QDFK 6RQQHQXQWHUJDQJ VHJHOQ.DQQVHLQGDZLUXQVDOOHXPEULQJHQ:LUN|QQWHQYHUVXFKHQYRQ%XFKW]X%XFKW ]X VSULQJHQ ,FK DOOHLQ EHVWLPPH QLFKW IUDJH GLH DQGHUHQ ,FK P|FKWH QLFKW HLQHQ PHLQHU .DPHUDGHQYHUOLHUHQ :LHDXFKLPPHUHVLVWHLQK|OOLVFKHV5LVLNRVDJWHHQWVFKLHGHQGHU/RJLNVHNWRU 3WDK6RNDU IDQG GHQ ULFKWLJHQ :HJ (U VFKRE HLQ GDPSIHQGHV 6WFN 6FKZHLQHEUDWHQ PLW 5RVPDULQ .PPHO/DXFK=ZLHEHOQXQG:DFKROGHUJHZU]W]ZLVFKHQVHLQH=lKQH8QGHXWOLFKVDJWH HU Ä:DUWHQ ZLU ELV GHU QHXH MXQJH .|QLJ VHLQH EHPHUNHQVZHUWHQ :RUWH JHVSURFKHQ KDW ,FK KDEH PLFK XPJHK|UW .DPHUDGHQ 0\NHQDL LVW QRFK YLHO VWlUNHU DOV $WKHQ JHJHQ GLH 6HHKHUUVFKDIWGHV0LQRRVHLQJHVWHOOW0LWGHLQHP5LQJ$WODQNRPPHQZLUGRUWQLFKWZHLWHU DXFK QLFKW PLW GHP 6HJHQ GHU $ULDGQH :LU EUDXFKHQ HLQHQ DQGHUHQ *|QQHU HLQH QHXH $UW GHU %HUXIXQJ 'HQNVW GX GDUEHU QDFK" (QWVFKHLGHQ ZLU QDFKGHP ZLU 7KHVHXV GLH )XUFKWEDUNHLWHQYHUGHXWOLFKWKDEHQ 8QGQDFKHLQHU:HLOHVHW]WHHUQXUIU1HVWRUXQGPLFKK|UEDUKLQ]X Ä:lUHGRFK+LODHLUDLQPHLQHU1lKH%HLLKUKDWWHLFKLPPHUVRJXWH(LQIlOOH ,FKNQXUUWHHEHQVROHLVHLQVHLQ2KU Ä9HUVFKDIIHPLUOLHEHUHLQ7UHIIHQPLWGHUXQYHUJOHLFKOLFKHQ&KDULVGX%UXGHUGHUJUlOLFKHQ 6SDH :LUJULQVWHQXQVVHKU]XU9HUZXQGHUXQJGHUDQGHUHQZLH]ZHL9HUVFKZ|UHUDQ 0GHXQGVDWWPLWZHLQVFKZHUHQ.|SIHQXQG.QLHQYHUOLHHQZLUGLH6FKHQNHXQGZDUIHQ XQV LQ GHP NDUJHQ 4XDUWLHU DXI XQVHUH /DJHU -HGHU YRQ XQV DKQWH GD GHU $XIHQWKDOW LQ $WKHQ NXU] VHLQ ZUGH 'LH PDJLVFKH =DKO HLQKXQGHUWDFKW]HKQ VFKZHEWH ZLH HLQ 6FKZHUW EHUXQVHUHQ.|SIHQXQGOHLGHUDXFKEHUXQVHUHQ7UlXPHQ 6FKZDU]H :RONHQ :HWWHUOHXFKWHQ EHU GHU 6HH JUROOHQGHU 'RQQHU YRQ ZHLW KHU XQG HLQ VFKQHLGHQG NDOWHU :LQG GHU GLH 5HJHQWURSIHQ IDVW ZDDJUHFKW EHU GDV DXIJHZKOWH +DIHQZDVVHUMDJWHEHJOHLWHWHQGLH$EIDKUWGHUYLHU*HVSDQQH'UHLGDYRQKDWWHXQV7KHVHXV JHVFKLFNW 'LH /HQNHU GHU *HVSDQQH VFKLHQHQ GHQ )UHPGHQ ]HLJHQ ]X ZROOHQ ZLH JXW VLH GLH 3IHUGH EHKHUUVFKWHQ 6FKOHXGHUQG PLW PDKOHQGHQ )HOJHQ EHU 6WHLQH XQG GXUFK IHXFKWHQ 6DQG HQWODQJDQ5HLKHQEHPRRVWHU %lXPHYHUODVVHQHUVWHLQHUQHU7HPSHOXQGJHGXFNWHQ+lXVHUQUDVWHQDPIUKHQ0RUJHQHOI 0lQQHU YRP +DIHQ ]XP N|QLJOLFKHQ 3DODVW KLQDXI 0LW VFKQHLGHQGHQ 3HLWVFKHQKLHEHQ XQG PLW GHQ 6WDFKHOQ GHU /HQNVW|FNH ZXUGHQ GLH GDPSIHQGHQ 3IHUGH DQJHWULHEHQ 6LH JDORSSLHUWHQGDKLQDOVJlOWHHVXQVHU/HEHQ6FKDXPIORFNHQZHKWHQYRQLKUHQ*HELVVHQEHU LKUHVFKZHLQDVVHQ.|USHUXQGXQVLQGLH$XJHQ (LQPDODXIGLHVHUUDVHQGHQ)DKUWJHOOWH3WDK6RNDUV6WLPPHYRQKLQWHQDQPHLQH2KUHQ Ä'HQNHDQGLH.DPSIZDJHQLQ.KHP$WODQ/lQJVWGDFKWHLFKGDUDQ'LHOHLFKWHQ:DJHQ PLWIHGHUQGHQ$FKVHQXQGGQQJHVSHLFKHUWHQ5lGHUQJH]RJHQYRQOHLFKWJHVFKLUUWHQ3IHUGHQ PLW ZHKHQGHQ 0lKQHQ XQG 6FKZHLIHQ ZDUHQ HLQ NUDVVHU *HJHQVDW] ]X GLHVHU EDUEDULVFKHQ $UW GHU )RUWEHZHJXQJ $XHUGHP JLQJHQ GLH =XJWLHUH LQ HLQHP +DOVJHVFKLUU GDV LKQHQ GLH

/XIW DEVFKQUWH 'LH .DYDONDGH HUUHLFKWH ELQQHQ NXU]HU =HLW GDV 6WDGWWRU LQ HLQHP 3DOLVDGHQZDOOKLQWHUGHPLQDXIJHVFKWWHWHP(UGUHLFKDOWH%lXPHLKUHKDOEGUUHQKDOEPLW IOHFNLJHP /DXE EHGHFNWHQ bVWH DXVVWUHFNWHQ 'XUFK *DVVHQ GLH PLW UXQGHQ 6WHLQHQ JHSIODVWHUW ZDUHQ XQG GXUFK WLHI DXVJHIDKUHQH 6SXUHQ JHODQJWHQ ZLU GXUFK HLQHQ 7HLO GHV 6WDGWJHELHWVELV]XP3DODVWGHUDXIHLQHU$QK|KHODJ3ULQ]7KHVHXVHUZDUWHWHXQVYRUGHP 3DODVWWRUXQGVHLQHHUVWH)UDJHZDU Ä,KUNRPPWYRQ.QRVVRVXQG6WURQJK\OHGHU5XQGHQ " Ä:LUZLVVHQHQWJHJQHWH1HVWRUJULPPLJÄGDVLFKGLH/HXWHYRQ$WKHQ0LQRRV.QRVVRV XQG VHLQH 6HHKHUUVFKDIW QLFKW VFKlW]HQ 'DV DOOHV LVW XQV XQZLFKWLJ GHQQ ZLU VLQG QXU GLH :HUN]HXJHGHV2UDNHOV :LU HUJlQ]WHQ XQV JHJHQVHLWLJ DOV ZLU GLHVHOEHQ :RUWH YRUWUXJHQ ZLH ZLU VLH EHUHLWV DXI .QRVVRV6WURQJK\OH0HORVXQG.HRVJHEUDXFKWKDWWHQ-HGHUYRQXQVJDEVHLQ%HVWHVZDV VROOWHQZLUVRQVWWXQ":LU ZUGHQGLHVHQ7H[WZRKOQRFKVRRIWZLHGHUKROHQGDZLULKQQLFKWQXUDXVZHQGLJNDQQWHQ VRQGHUQELVHUXQVEHUGUVVLJZXUGH1DFKGHQNOLFKXQGXQVLFKHUK|UWH7KHVHXV]X(UZXUGH HUVW DXIPHUNVDP DOV ZLU LKP VDJWHQ GD LP *HIROJH GHU )OXWZHOOH DXFK GLH 0DFKW GHU 7KDODVVRNUDWLH .HIWLXV ZHQQ QLFKW JHEURFKHQ VR GRFK ]XPLQGHVW HLQJHVFKUlQNW ZHUGHQ ZUGH :LUZDUHQVLFKHUGDGLH(UHLJQLVVHGHUOHW]WHQ1DFKWGHQ3ULQ]HQEHHLQGUXFNWKDWWHQ8QVHUH $QQDKPHZDUULFKWLJ(UYHUVSUDFKQDFKGHPZLUPLWLKPVHLQHU6FKZHVWHUXQGGHQ%HUDWHUQ GHVWRWHQ.|QLJVLP3DODVWJHJHVVHQXQGJHWUXQNHQKDWWHQDOOHV]XWXQZDVQRWZHQGLJZDU :LU KLQWHUOLHHQ LKP XQG VHLQHQ %HUDWHUQ NOHLQHQ 6WDGWIUVWHQ YRQ 6LHGOXQJHQ LP ZHLWHQ 8PNUHLVGDV:LVVHQEHUGHQ7DJDQGHPGLH.DWDVWURSKHVWDWWILQGHQZUGH0HKUNRQQWHQ ZLUKLHUXQGKHXWHQLFKWWXQ Ä'DV 9RON GDV GLH =HLFKHQ PLW DQJHVHKHQ KDW VFKOR 1HVWRU ÄZLUG GLFK LPPHU ZLHGHU IUDJHQ7KHVHXV6DJHGHLQHQ8QWHUJHEHQHQGLH:DKUKHLW Ä'LH:DKUKHLWZLUGGLUKHOIHQ]XEHUOHEHQVDJWHLFKKDUWÄ'XELVWQLFKWVZHQQGHLQ9RON WRWLVW8QGZDVZlUH$WKHQRKQHGLFKGHQ6RKQGHVWRWHQ.|QLJV" :LUOLHHQLKQLQWLHIHU1DFKGHQNOLFKNHLW]XUFN 8QG DOV ZLU GHQ 3DODVW YHUOLHHQ ZLHGHU YRQ GHQ /HQNHUQ GHU GDKLQVFKOHXGHUQGHQ XQG SROWHUQGHQ*HVSDQQH]XUFNJHEUDFKWHUNDQQWHQZLUGDZLUXQVHU9RUKDEHQQLHPDOVZUGHQ ]X (QGH IKUHQ N|QQHQ (V JDE ]X YLHOH .VWHQ XQG ZLU KDWWHQ QXU QRFK ZHQLJHU DOV KXQGHUWDFKW]HKQ7DJH=HLW (VPRFKWHQGUHLKXQGHUW0HQVFKHQVHLQGLHXQVHUH$EIDKUWDXVGHP+DIHQPLWDQVDKHQ6LH ZLQNWHQ ]|JHUQG HV JDE QXU ZHQLJH 5XIH -HGHU YRQ LKQHQ ZXWH DQ ZHOFKHP 7DJ GLHVHU +DIHQ ZLH XQ]lKOLJH DQGHUH YRQ HLQHU :DVVHUPDVVH KDUW ZLH 2EVLGLDQ XQG PLW GHU .UDIW HLQHV%HUJUXWVFKHVLQ6WFNHJHVFKODJHQZHUGHQZUGH :LUUXGHUWHQJHJHQHLQHQVWHLIHQNDOWHQ:LQG$OOH0lQQHUDQ%RUGZDUHQLQGLFNH-DFNHQ XQG0lQWHOJHKOOW'LH5LHPHQWDXFKWHQLP7DNWHLQXQGULVVHQGLH&+$5,6YRUZlUWV1RFK LQQHUKDOEGHV+DIHQVSDFNWHXQVHLQHUlWVHOKDIWH.UDIWLP+HFNXQGVFKREGDV6FKLIIVFKQHOOHU XQGVFKQHOOHUGXUFKGLHNOHLQHQ:HOOHQ'DQQKREVLFKGHU%XJ*LVFKWSUDVVHOWHHLQH:HLOH ODQJ JHJHQ GDV *RUJRQHQKDXSW DP 6WHYHQ GLH 7URSIHQ UDQQHQ LPPHU VFKUlJHU XQG VFKOLHOLFKZDDJUHFKWDQGHU%RUGZDQGHQWODQJ'LH&+$5,6VFKZDQJVLFKSO|W]OLFKEHUGLH :HOOHQNlPPH KLQZHJ VFKZHEWH EHU GHP :DVVHU XQG JHZDQQ DEHUPDOV DQ *HVFKZLQ GLJNHLW:LUDOOHZDUHQVWDUUYRU6FKUHFNHQ (6KLOIWHXFKXQGEHVFKOHXQLJWHXUH)DKUWVDJWHGHU([WUDVLQQ

'DV6FKLIIEHIDQGVLFKMHW]WLQYROOHU/lQJHUXQGHLQH0DQQVOlQJHEHUGHP:DVVHUXQGUDVWH DXV GHP +DIHQ KLQDXV :LU KDWWHQ JHUDGH GDV 6HJHO VHW]HQ ZROOHQ (V ODJ PLWVDPW GHU 5DK TXHU EHU GHP 'HFN XQG IODWWHUWH LQ GHQ 5HIIVFKQUHQ ,FK VWDQG QHEHQ 1HVWRU LP %XJ NODPPHUWHPLFKDQGDV6FKDQ]NOHLGXQGVFKULH Ä.HLQH $QJVW )UHXQGH 'LH )UDJH GHU JHIDKUYROOHQ )DKUW LVW JHO|VW 'LH 9HUNQGHU GHV 2UDNHOVIOLHJHQZLHGLH.UDQLFKH 6FKZHLJHQG XQG YHUEOIIW YHUVXFKWHQ ZLU DOOH GLHVH hEHUUDVFKXQJ ]X YHUDUEHLWHQ 'LH 5XGHUHUSDFNWHQGLH5LHPHQXQG]RJHQVLHHLQDQGHUH0lQQHUEDQGHQGLH+|O]HUIHVW3HUVHV OLHGDV5XGHUORVKLHOWVLFKDQHL QHP 7DX IHVW XQG EOLFNWH IDVVXQJVORV DXI GHP 'HFN XPKHU PXVWHUWH GDV LPPHU VFKQHOOHU YRUEHLIOLHJHQGH0HHUVFKDXWH]XUFN]XP+DIHQXQGEHPHUNWHGDVLFKGLH,QVHOGHXWOLFK]X YHUNOHLQHUQVFKLHQ Ä8QGDXIGLHVH$UWVROOHQZLUQDFK0\NHQDLIOLHJHQ"IUDJWHHU1LHPDQGDQWZRUWHWH:LU ZDUHQGDPLWEHVFKlIWLJWXQVDQGLHVHhEHUUDVFKXQJ]XJHZ|KQHQ3WDKXQGLFKKDWWHQNHLQH JURHQ 6FKZLHULJNHLWHQ 1HVWRU WUXJ GLHVHV J|WWOLFKH =HLFKHQ HEHQIDOOV PLW *HPHVVHQKHLW DEHUXQVHUH%HVDW]XQJULHIGLH*|WWHUDQNODPPHUWHVLFKDQGLH5XGHUElQNHXQGVWDUUWHDXI GLH:HOOHQ (LQH JURH ,QVHO YHUVFKZDQG DQ 6WHXHUERUG LP 1HEHO (LQ ,QVHOFKHQ DQ %DFNERUG KXVFKWH I|UPOLFK YRUEHL :LHGHU QlKHUWH VLFK HLQ (LODQG YRUDXV ZLU SDVVLHUWHQ HV XQG QlKHUWHQ XQV HLQHP VFKDUI YRUVSULQJHQGHQ .DS QHEHQ GHP DQ %DFNERUG HLQH ODQJJH]RJHQH ,QVHO DXIWDXFKWH 'LFKW EHU GHQ :HOOHQ MDJWH GLH &+$5,6 JHUDGHDXV XQG ERKUWH LKUHQ KRFKUDJHQGHQ6WHYHQLQGHQNDOWHQ:LQG'HU5DPPGRUQZLUNWHZLHHLQH6SHHUVSLW]H 'LH .lOWH EUDFKWH XQVHUH 0lQQHU ZLHGHU ]X VLFK 6LFKHUOLFK ZDUHQ VLH ZHLWDXV ZHQLJHU DEHUJOlXELVFK DOV LKUH =HLWJHQRVVHQ XQG GXUFK XQVHUH JHPHLQVDPHQ 5HLVHQ JHZ|KQWHQ VLH VLFKVFKQHOODQVFKHLQEDUXQQDWUOLFKH9RUNRPPQLVVHDEHUGLHVHUUDVHQGH)OXJEHUIRUGHUWH VLHGHXWOLFK,PPHUKLQVDHQVLHVWDUUGDXQGYHUVFKOXFNWHQLKU(UVFKUHFNHQ (LQ]ZHL6WXQGHQYHUJLQJHQ+HXOHQGXQGSIHLIHQGEUDFKVLFKGHU:LQGLQGHU7DNHODJHXQG DQ GHQ 9RUVSUQJHQ :LU VFKODQJHQ 'HFNHQ XQG 0lQWHO XP XQV XQG NDXHUWHQ XQV LQ GHQ 6FKXW] GHV )OHFKWZHUNV (V ZDU HLQ NDOWHU VRQQLJHU 7DJ $OV VLFK ]ZLVFKHQ GHQ |VWOLFKHQ .VWHQDEIDOOGHV)HVWODQGVXQGXQVHUHQ.XUVHLQHNOHLQHUHODQJH,QVHOVFKREGDFKWHLFKDQ XQVHUH.DUWHQXQGYHUJOLFKGLH%LOGHU:LUKDWWHQGLH+lOIWHGHV:HJHV]ZLVFKHQ$WKHQXQG 7LU\QVKLQWHUXQV/HU QD0\NHQDLXQG7LU\QVGLHEHLGHQOHW]WHQ2UWHEHVDHQJURH+HLOLJWPHUGHV0LQRRV9RQ 0\NHQDL DEHU KDWWH PDQ XQV EHULFKWHW GD DXFK GLHVHU 6WDGWN|QLJ NHLQHQ :HUW DXI GLH )UHXQGVFKDIW.HIWLXVOHJWH 1HEHO NDP DXI DOV ZLU GDV QlFKVWH .DS DQVWHXHUWHQ 'LH XQEHNDQQWH .UDIW GLH ZLU QLFKW EHHLQIOXVVHQNRQQWHQlQGHUWHXQVHUHQ.XUVXQGQXQVFKZHEWHQZLUZLHGHUQDFK1RUGZHVW 'DV /DQG XQG GDV :DVVHU VFKLHQHQ JOHLFKHUPDHQ GLH 1HEHOVWUHLIHQ DE]XVRQGHUQ GLH LQHLQDQGHUYHUVFKPRO]HQXQG]XQlFKVWGLFKWEHUGHQ:HOOHQODJHQGDQQJU|HUGLFKWHUXQG K|KHUZXUGHQ%LQQHQNXU]HU=HLWMDJWHGLH&+$5,6LQGLHJUDXH6FKLFKWKLQHLQXQGVHOEVW GDVGQQH.QDUUHQXQGbFK]HQGHU9HUELQGXQJHQZXUGHJHGlPSIW:LUZDUHQZLHEOLQGHV JDEQLFKWVPHKU]XHUNHQQHQ1LFKWHLQPDOGLH6RQQHKLQWHUGHUKHOOJUDXHQ:DQG Ä(LQ )HOVHQ HLQ DQGHUHV 6FKLII RGHU HLQH .OLSSH XQG GLH &+$5,6 ]HUELUVW LQ WDXVHQG 7UPPHUULHI1HVWRU,FKYHUVXFKWHLKQ]XEHUXKLJHQXQGULHI]XUFN Ä'LH.UDIWGLHXQVEHZHJWZLUGHLQHQ=XVDPPHQVWRYHUKLQGHUQ Ä:RKHUZHLWGXGDV"ZROOWH3HUVHVZLVVHQ8QVHUH*HVLFKWHUQDKPHQHLQHEOHLFKH)lUEXQJ DQDOVVLFKGLH1HEHOWU|SIFKHQDXIGHU+DXWXQGDXIDOOHQ*HJHQVWlQGHQQLHGHUVFKOXJHQ Ä,FK ZHL HV JHQDX VDJWH LFK JURE Ä:LU KDEHQ XQVHUH $XIJDEH QRFK ODQJH QLFKW EHHQGHW 'HVZHJHQZHUGHQZLUKLHULP1HEHOQLFKWVWHUEHQ Ä(LQH WU|VWOLFKH $XVVLFKW EHL 3RVHLGRQ EUXPPWH 0HURSV XQG VSXFNWH LQ GHQ 1HEHO :LU YHUORUHQ GDV =HLWJHIKO XQG MHJOLFKH $KQXQJ ZR ZLU XQV EHIDQGHQ (LQ KRKOHV 6DXVHQ XQG

)DXFKHQEHJOHLWHWHXQVHUHVHOWVDPH)DKUW,FKPXWHJULQVHQ3WDK6RNDUPHUNWHHVXQGJDE GDV/DFKHQ]XUFN Ä0|JOLFKHUZHLVH VHKHQ XQV GLH 0HQVFKHQ YRQ 0\NHQDL ZLH HLQHQ 6SHHU DXV GHP 1HEHO KHUYRUVFKLHHQ Ä.DQQ VHLQ 'DQQ ZHUGHQ VLH HEHQVR DQ J|WWOLFKH :LUNXQJHQ JODXEHQ ZLH GLH $WKHQHU DP *UDEKJHO Ä'XZHLWGDZLUQRFK$ODVKLD.KHPXQGGDV1LOGHOWDXQGQRFKHLQH0HQJHDQGHUHU2UWH YRQGHQHQZLUQLFKWHLQPDOGHQ1DPHQZLVVHQEHVXFKHQPVVHQ" Ä'DV ZHL LFK (V EHUHLWHW PLU 6RUJH VDJWH LFK Ä$OOHUGLQJV ZHQQ ZLU ZHLWHUKLQ VHJHOQ RKQHGDV:DVVHU]XEHUKUHQVFKDIIHQZLUHVLQMHQHQKXQGHUWRGHUPHKU7DJHQ 'XUFKGHQGLFNHQXQGXUFKGULQJOLFKHQ1HEHONRQQWHQZLUXQGHXWOLFKGXPSIHV*UROOHQK|UHQ 'RQQHU" 'XUFKDXV P|JOLFK ZHQQ DXFK QLFKW ZDKUVFKHLQOLFK (V ZDU VLFKHU HLQH VFKZHUH %UDQGXQJGLHJHJHQIHOVLJH.VWHQVFKOXJXQGKlPPHUWH 'HQGURIXKUDXI Ä:DVLVWGDV" 3WDKXQGLFKPDFKWHQ*HVWHQGHU8QZLVVHQKHLW'DV6DXVHQXQG)DXFKHQXQGMHQHVIHUQHDOV (FKR YRQ DOOHQ 6HLWHQ DXI XQV HLQGULQJHQGH GXPSIH *HUlXVFK YHUPLVFKWHQ VLFK ]X HLQHP /DXWGHQZLUQXUDOV%HGURKXQJXQG*HIDKU]XGHXWHQYHUPRFKWHQ(VZDUVLQQORVDXIGLH .DUWH ]X VHKHQ XQG YHUJOHLFKHQ ]X ZROOHQ 'HU 1HEHO VFKLHQ QRFK GLFKWHU ]X ZHUGHQ :LU K|UWHQ GDV 5DXVFKHQ YRQ KRKHQ EUHFKHQGHQ :HOOHQ XQG GDV 'RQQHUQ QDKP ]X 'LH &+$5,6IKUWHHLQH5HLKHYRQ0DQ|YHUQDXVGLHXQVKLQXQGKHUVFKOHXGHUWHQZHLOZLUVLH QLFKWHUZDUWHWKDWWHQ 1DFK ZHQLJHQ $XJHQEOLFNHQ YHUZDQGHOWH VLFK GHU JUDXH 1HEHO LQ 6FKZlU]H 'XQNHOKHLW VFKOXJ EHU XQV ]XVDPPHQ ZLH HLQ ULHVLJHV 7XFK $EHU GLH *HVFKZLQGLJNHLW QDKP NHLQHVZHJV DE GDV 6FKLII ZXUGH ZLH HLQ *HVFKR GXUFK GDV 'XQNHO JHVFKOHXGHUW 'DQQ HUW|QWHHLQJUHOOHVKDUWHV.UDFKHQ (LQ8QZHWWHUPHOGHWHVLFKGHU/RJLNVHNWRU 8QPLWWHOEDUDXIGDV*HUlXVFKPLWGHPHLQ%OLW]GLH:RONHQVSDOWHWHXQGXQVPLW]XFNHQGHU YHUVFKZLQGHQGHU+HOOLJNHLWEHUVFKWWHWHIROJWHGDVHUEDU PXQJVORVH .UDFKHQ GHV 'RQQHUV 'HU %OLW] VFKLHQ LQ XQVHUHU XQPLWWHOEDUHQ 1lKH HLQJHVFKODJHQ ]X KDEHQ GHQQ ZLU URFKHQ GLH VlXHUOLFKH /XIW QDFK GHU (QWODGXQJ :LHGHU EOLW]WHHVZLHGHUNUDFKWHQZLGHUKDOOHQGH'RQQHUVFKOlJHUXQGXPXQVXQGPDFKWHQXQVWDXE -HGHU.UDFKZDUYRQVFKPHU]KDIWHU/DXWVWlUNH (LQHKDOEH6WXQGHYHUJLQJDXIGLHVH:HLVH 'LH&+$5,6ZLFKXQVLFKWEDUHQ+LQGHUQLVVHQDXVRGHUVFKZHEWH]ZLVFKHQ)HOVHQGDKLQGLH ZLU EHVWHQIDOOV HUDKQHQ NRQQWHQ ,PPHU ZLHGHU JDE HV NXU]H EOHQGHQGH +HOOLJNHLWHQ LQ GHU 1HEHOZDQG XQG GDQQ KlPPHUWHQ GLH 'RQQHUVFKOlJH DXI XQV KHUHLQ YRQ DOOHQ 6HLWHQ XQXQWHUEURFKHQ hEHUJDQJVORV VFKR GDV 6FKLII DXV GHP 1HEHO KHUYRU XQG LQV EOHQGHQGH /LFKWGHUXQWHUJHKHQGHQ6RQQHKLQHLQ 9RU XQV ZDUHQ .VWHQ SHFKVFKZDU]H :RONHQ GLH ELV ]XP :DVVHU KHUXQWHUKLQJHQ VFKUlJH %DKQHQ SUDVVHOQGHU 5HJHQJVVH %OLW]H XQG :HWWHUOHXFKWHQ 6RIRUW VFKRE VLFK ZLHGHU HLQH *HZLWWHUZRONH YRU GLH 6RQQH (LQH DXIJHZKOWH :DVVHUIOlFKH HUVWUHFNWH VLFK YRU XQV HLQ +DQJPLWZHQLJHQ+lXVHUQ6WXUPE|HQSHLWVFKWHQGDV:DVVHUDXIXQGYHUZDQGHOWHQGLH6SLW ]HQGHU:HOOHQLQZHLHQ6FKDXP'HU:HVWZLQGSDFNWHGDV6FKLIIXQGVFKWWHOWHHV$EHU QRFK LPPHU VFKZHEWHQ ZLU EHU GHP :DVVHU *LVFKW KOOWH XQV HLQ XQG GXUFKQlWH XQVHUH 0lQWHOYROOHQGV Ä:LU VLQG LQ GHU %XFKW YRQ 7\ULQV EUOOWH 1HVWRU XQG KRE GHQ .RSI EHU GHQ %XJ GHU &+$5,6 Ä.HLQ=ZHLIHO" Ä1HLQ,FKHUNHQQHGDV+HLOLJWXP +LQWHU GHP 6FKLII ZDU GDV IUHLH 0HHU 'HU *HZLWWHUVWXUP EOLHV EHU GLH ]ZHL 'ULWWHO GHV

.UHLVHVKHUDEGHUXQVDOV.VWHQOLQLHXPJDE7ULFKWHUI|UPLJH7lOHUYHUVWlUNWHQGLH:LUNXQJ GHUHLQ]HOQHQ6W|H(LQ5HJHQVFKDXHUSUDVVHOWHDXIXQVKHUXQWHU'DV6FKLIIGUHKWHVLFKXQG MDJWH DXI GHQ +DIHQ ]X GHQ ZLU XQGHXWOLFK HUNDQQWHQ $XFK LFK VDK MHW]W ]ZLVFKHQ GHQ VWXUPJH EHXJWHQ %lXPHQ GLH .RQWXUHQ GHV 7HPSHOV (V JDE ZHGHU HLQ /HXFKWIHXHU QRFK DQGHUH 6FKLIIHYRUXQV :LHGHU VFKRE VLFK GLH 6RQQH ]ZLVFKHQ GHQ :RONHQ KHUYRU 6LH VWDQG MHW]W LQ XQVHUHP 5FNHQhEHUJDQJVORVELOGHWHQVLFKYRUXQV]ZHLULHVLJHVWHFKHQGNODUH5HJHQE|JHQ$OVZLU PHUNWHQ GD GLH &+$5,6 ODQJVDP DEVDQN XQG KLQ XQG ZLHGHU GLH .lPPH GHU :HOOHQ EHUKUWH YHUOLH 1HVWRU VHLQHQ 3ODW] LP 9RUVFKLII WXUQWH DP 0DVW YRUEHL XQG VFKULH VHLQH %HIHKOH]XXQVHUHQ0lQQHUQKLQXQWHU 3HUVHVXQG0HURSVVSUDQJHQDQV'RSSHOUXGHU 'LH 5DK ZXUGH KRFKJH]RJHQ XQG VFKRQ DOV GHU HUVWH :LQGVWR DQ GHU /HLQZDQG ]HUUWH VHW]WHGDV6FKLIILQV:DVVHUHLQ=ZLVFKHQ%OLW]HQXQG'RQQHUQKHXOHQGHQ:LQGVW|HQ8QG SUDVVHOQGHP5HJHQQlKHUWHQZLUXQVGHP+DIHQYRQ7LU\QV'DV6FKLIIDUEHLWHWHVFKZHULQ GHQ:HOOHQDEHUGLH*HVFKZLQGLJNHLWVFKLHQQLFKWJHULQJHU]XZHUGHQ1HVWRUV.RPPDQGRV ZDUHQ ZRKOEHUOHJW :LU VDKHQ PHKU (LQ]HOKHLWHQ DP 8IHU GLH W\SLVFKH /DQGVFKDIW GHV )HVWODQGV QRUGZHVWOLFK YRQ .HIWLX YRQ YHUHLQ]HOWHQ *HK|IWHQ XQG +lXVHUJUXSSHQ JHVSUHQNHOWXQGYRQHLQHPZWHQGHQ+HUEVWJHZLWWHUJHSHLWVFKWhEHUIHOVLJH.OLSSHQVWU]WHQ VLFKVFKPDOH5LQQVDOHKHUXQWHU:LQGULVLH]XU6HLWHXQG]HUVWlXEWHGDV:DVVHU -H QlKHU ZLU GHP NOHLQHQ +DIHQEHFNHQ NDPHQ GHVWR ZHQLJHU XQUXKLJ ZXUGH GDV :DVVHU =ZHL0ROHQDXV*HVWHLQVEURFNHQXQG4XDGHUQHUVWUHFNWHQVLFK]DQJHQI|UPLJYRP/DQGDXV :LU QDKPHQ GDV 6HJHO HUVW KDOE GDQQ JDQ] KHUXQWHU XQG GDV $QOHJHPDQ|YHU XQWHU GHP 'RSSHOUHJHQERJHQIXKUHQZLUPLWGHQ5LHPHQ 8QVHUH0lQQHUVSUDQJHQLQV:DVVHUXQG]XVDPPHQPLWLKQHQ]RJHQZLUGDV6FKLIIPLWGHP +HFNYRUDQDXVGHP:DVVHUXQGUROOWHQGHQVFKODQNHQ.|USHUPLW+LOIHYRQUXQGHQ+|O]HUQ VRKRFKZLHP|JOLFKKLQDXI 'DQQVWDQGHQZLUVFKZLW]HQGXQGGXUFKQlWLP+DIHQXQGZDUWHWHQ =DKOORVH*HGDQNHQZLUEHOWHQLQPHLQHP.RSIXPKHU,FKGDFKWHGDUDQGDVRZRKO$WKHQDOV DXFK 7LU\QV QLFKW YRQ .QRVVRV DEKlQJLJ ZDUHQ ,FK YHUVXFKWH PLU YRU]XVWHOOHQ ZLH MHQH GXQNHOKlXWLJH &KDULV HV IHUWLJEUDFKWH YRU XQV GLH HLQ]HOQHQ 6LHGOXQJHQ ]X HUUHLFKHQ DXI ZHOFKH $UW VLH UHLVWH :DU DXFK VLH HLQ *HVFK|SI YRQ :DQGHUHU" ,FK KRIIWH PLW LKU ]XVDPPHQ]XWUHIIHQ:DQQ":R"8QWHUZHOFKHQ8PVWlQGHQ" 8QVHUH0lQQHUZDUHQDXVJHVFKZlUPWXQGKlPPHUWHQDQYHUVFKORVVHQH7UHQ,FKVDKPLFK XP 1LFKW HLQPDO GLH 6FKHQNH OHLFKW HUNHQQEDU GXUFK 7LVFKH XQG %lQNH XQWHU GHP YRUVSULQJHQGHQ'DFKXQGGXUFKGLH=HLFKHQGHUIDUELJHQ.UJHZDUJH|IIQHW)LVFKHUERRWH XQG JU|HUH 6FKLIIH ODJHQ LP +DOENUHLV ZLH GLH &+$5,6 ZHLW DXI GHQ 6WUDQG KLQDXIJH]RJHQ)LVFKVFKXSSHQJOlQ]WHQVLOEHUQLQGHQ0DVFKHQGHU1HW]H Ä7LU\QVLQGHU$UJROLV0\NHQDLPLWGHPSUXQNYROOHQ7RUGHU/|ZHQXQGHLQDXVJHVWRUEHQHU +DIHQULHI'HQGURÄ:LUZHUGHQKHU]OLFKHPSIDQJHQ)UHXQGH :LUKDWWHQGLH%HNOHPPXQJDEJHVFKWWHOWGLHXQVZlKUHQGGHUGHQNZUGLJHQ)DKUWEHIDOOHQ JHKDEW KDWWH +LHU LP .XOWXUNUHLV YRQ 0\NHQDL ZUGHQ ZLU NHLQH JUXQGOHJHQG DQGHUHQ 9HUKlOWQLVVHYRUILQGHQ'RFKNRQQWHQZLUPLWGHP6LHJHO0LQRRV QLFKWVDQIDQJHQ*HUDGH DOV 3WDK XQG LFK GLH WULHIHQGH 7U GHU 6FKHQNH DXIVWLHHQ HUW|QWH GDV EHNDQQWH *HUlXVFK UDVVHOQGHU)HOJHQXQGNHXFKHQGHU3IHUGHKLQWHUXQV'UHL*HVSDQQHDOOHP$XJHQVFKHLQQDFK 6WUHLWZDJHQ PLW GHQ 6WDQGDUWHQ 0\NHQDLV UDWWHUWHQ DXI XQV ]X (LQ %RWH VSUDQJ DXV GHP :DJHQNRUELQHLQH%URQ]HUVWXQJJHKOOW(UNDPGXUFKGHQ5HJHQDXIXQV]XXQGULHI Ä:LOONRPPHQ:LUKDEHQHXFKHUZDUWHW(XUH$QNXQIWLVWYRQDOOHQJHVHKHQZRUGHQ 3WDKXQGLFKEOLFNWHQXQVYROOHU(UOHLFKWHUXQJLQGLH$XJHQ,FKPXUPHOWH Ä&KDULVZDUYRUXQVKLHU"1LFKWDQGHUVNDQQHVVHLQ (UYHUVWDQGPLFKXQGHQWJHJQHWHOHLVH

Ä$XFKGLHVHV5lWVHOZHUGHQZLUO|VHQYHUODVVHGLFKGDUDXI 8QVHUH 0lQQHU YHUVDPPHOWHQ VLFK XP GLH *HVSDQQH 1HVWRU 3WDK XQG LFK OLHIHQ DXI GHQ %RWHQ]X(LQLJH6WXQGHQVSlWHUSDVVLHUWHQZLUGDV7RUEHUGHVVHQJHZDOWLJHU4XHUSODWWHGLH EHLGHQ/|ZHQDXV.DONVWHLQPLWGHQDODEDVWHUQHQJROGYHU]LHUWHQ.|SIHQVLFKUHFNWHQ:DV QXQ IROJWH NDQQWHQ ZLU EHUHLWV GLHVHOEHQ :RUWZHFKVHO ZLH EHUDOO XQG VLFKHUOLFK DXI GLH JOHLFKHQ:LUNXQJHQXQG9HUVSUHFKHQ 6SlWQDFKWVEHXJWHQ3WDKXQGLFKXQVHUH.|SIHEHUGLHJURH.DUWH :LU ZDUHQ QLFKW XQ]XIULHGHQ PLW XQVHUHP KHXWLJHQ (UIROJ ,FK IDWH XQVHUH QHXHQ (UNHQQWQLVVH]XVDPPHQ Ä+LHUDXIGHP)HVWODQGZDQGHUQ)UHPGHYRQ1RUGHQHLQ6LHEULQJHQ,GHHQQHXHV%OXWGLH .HQQWQLVYRQ+DQGHOVZHJHQQHXH:|UWHUXQGKDQGZHUNOLFKH)lKLJNHLWHQZLHDXFK$QVW|H ]XDQGHUHP*|WWHUJODXEHQhEHUDOOHQWVWHKHQZLHKLHUEHIHVWLJWH6LHGOXQJHQ$EHUQRFKODQJH ZLUGHVNHLQ(LQKHLWVUHLFKJHEHQ Ä'LH .DWDVWURSKH ZLUG DXFK YHUKLQGHUQ GD VLFK EDOG JU|HUH 5HLFKH ELOGHQ PHLQWH 3WDK HUQVW 'LH 6SLW]H VHLQHV *ULIIHOV PDUNLHUWH 7HLOH GHU .DUWH (LQLJH 7HLOH ZDUHQ EHUHLWV VFKUDIILHUW 'LH ,QVHO .HIWLX 6WURQJK\OH 0HORV .HRV $WKDQ XQG VHLQ 8PODQG XQG MHW]W 7LU\QV :HQQ ZLU DQQDKPHQ GD VLFK GHU 'LPHQVLRQVUHLWHU LUJHQGZR LQ GHU 1lKH GHU YRQ 0LQRRVEHKHUUVFKWHQ,QVHOLQV0HHUVHQNHQZUGHGDQQPXWHGLH)OXWZHOOHLQLKUHUJU|WHQ +|KH XQG =HUVW|UXQJVNUDIW QLFKW QXU GLH ,QVHOQ XQG GDV JULHFKLVFKH )HVWODQG VRQGHUQ DXFK GLH|VWOLFKHQ8IHUPLWVDPWGHU,QVHO$ODVKLDYHUZVWHQGLH+DIHQVWlGWHGHU3KRLQLNHUHEHQVR ZLH GDV 'HOWD YRQ .KHPbJ\SWHQ /HVERV XQG 7URMD ZDUHQ QLFKW ZHQLJHU JHIlKUGHW DOV GDV /DQG$F FKLMDZDMHQVHLWVYRQ5KRGRVXQGDXFKGLH.VWHQ7\UUHQLXPVZUGHQYHUKHHUWZHUGHQ :HQLJHUDOVHLQ'ULWWHOGHU.VWHXQGGRUWQXUGLHJU|WHQ6LHGOXQJHQZDUHQYRQXQVJHZDUQW ZRUGHQ Ä'LH .DWDVWURSKH ZLUG QRFK PHKU 0HQVFKHQ YHUVFKOLQJHQ ZDQGWH LFK HLQ XQG ]HUPDUWHUWH PHLQ*HKLUQXPHLQH0|JOLFKNHLW]XILQGHQLQGHQYHUEOHLEHQGHQ7DJHQDXFKQXU7HLOHGHU DQGHUHQ.VWHQEHUHLFKHDQ]XIDKUHQÄZHQQZLUQLFKWEDOGKLHUXQGKLHUDQGLHVHP8IHUXQG DXFKGRUWVHLQZHUGHQ ,FKGHXWHWHPLWGHU6SLW]HGHV'ROFKHVDXIGLHIUDJOLFKHQ6WHOOHQ Ä&KDULV ZLUG OlQJVW GRUW VHLQ PXUPHOWH 3WDK Ä6LFKHU 8QG ZHU ZHL YLHOOHLFKW KLOIW XQV DXFKGLHZHLH%LUHPH" ,FKODFKWHNXU]XQGHUZLGHUWHÄ'DVPHLQVWGXQLFKWLP(UQVW3WDKÄ1LFKWXQEHGLQJW$EHU VHLW XQVHUHU UDVHQGHQ )DKUW KLHUKHU HUVFKHLQW PLU QDKH]X DOOHV P|JOLFK :LU VLQG QXU :HUN]HXJHYRQ(6 Ä8QGZHUGHQYRQ(6PDQLSXOLHUWULFKWLJ'LHQlFKVWHhEHUUDVFKXQJHUOHEHQZLUZRKOZHQQ ZLUQDFK7URMDDEIDKUHQZROOHQÄ(LJHQWOLFKHUZDUWHLFKHV 9RQ7DJ]X7DJZXUGHGDV:HWWHUZLQWHUOLFKHU'LH6HHIDKUWHUORVFKLQGLHVHQ0RQGHQIDVW Y|OOLJ 1XU QRFK )LVFKHUERRWH XQG 6FKLIIH GLH QXU EHL JXWHP :LQG YRQ %XFKW ]X %XFKW IXKUHQZDJWHQVLFKKLQDXV6HOEVWPLWXQVHUHUXQYHUJOHLFKOLFKHQ&+$5,6ZUGHQZLUXQVLQ W|GOLFKH *HIDKUHQ EHJHEHQ 6LHE]LJ 6WXQGHQ UHLQH )DKUW PLW VFKDUIHP DFKWHUOLFKHQ :LQG ZDUHQ HV YRQ KLHU EHU /HVERV QDFK 7URMD (V JDE DXI GLHVHU 5RXWH QXU ZHQLJH YRQ GHU GLUHNWHQ/LQLHZHLWDEOLHJHQGH,QVHOQDXIGHQHQZLU=XIOXFKWZUGHQILQGHQN|QQHQ Ä'X ELVW UDWORV $WODQ" VWHOOWH 3WDK KDOE IUDJHQG IHVW ,FK QLFNWH 5DWORV ZDU HLQH VWDUNH 8QWHUWUHLEXQJ:HGHUPHLQH.HQQWQLVVHGLHVHV3ODQHWHQQRFKGDVPlFK WLJH(6RGHUGHU/RJLNVHNWRUKDOIHQPLU$XIDOOH)lOOHDUEHLWHWHQZLUDOV1HVWRU]XXQVLQGLH .DPPHUNDPGHQ.XUVQDFK7URMDXQGYRQGRUWQDFK5KRGRVXQG$ODVKLDDXV$OVZLUDP QlFKVWHQ0RUJHQDXIZDFKWHQKDWWHVLFKGDV:HWWHUDXVJHQRPPHQQLFKWVYHUlQGHUW :LU YHUVDPPHOWHQ XQV YRU XQVHUHP 6FKLII 1HVWRU XQG LFK VFKLOGHUWHQ GDV 3UREOHP :LU VWLPPWHQDE1XU3HUVHVXQG0HURSVGLH6WHXHUPlQQHUVWLPPWHQJHJHQGLH)DKUWQDFKGHU JURHQ ,QVHO /HVERV -HGHU YRQ XQV JLQJ DEHU ZLGHUVWUHEHQG DQ %RUG QDFKGHP ZLU GLH

&+$5,6LQVWLHIH:DVVHUJH]RJHQKDWWHQ 8QG GDQQ JHVFKDK ZDV ZHQLJVWHQV HLQLJH YRQ XQV PLW KDOEHP +HU]HQ HUKRIIW KDWWHQ 'DV 6FKLII KOOWH VLFK LQ HLQH LULVLHUHQGH :RONH DXV XQEHNDQQWHU 6XEVWDQ] 6FKZLQGHOJHIKOH EHUILHOHQXQVXQGDOVVLFKGLHULHVLJH6FKHLEHGHU6RQQHKLQWHUGHQ+JHOQKRFKVWHPPWHUL XQVGLHXQEHJUHLIOLFKH.UDIWGLH(6DQZHQGHWHDXVGHP+DIHQYRQ7LU\QVKLQZHJ (LQHEHLVSLHOORVH2G\VVHHILQJDQ 3WDKXQGLFKVSUDQJHQDXVGHP+HFNKLQXQWHU]XGHQ5XGHUHUQ:LUYHUVXFKWHQGHQ5HVWYRQ HLVLJHP 6FKUHFNHQ]XYHUWUHLEHQGHUGLH 0lQQHU EHIDOOHQ KDWWH 'DV 3UREOHP ZDU JHULQJHU DOVZLUEHIUFKWHWKDWWHQ'HUOHXFKWHQGHYRQEOLW]HQGHQ)XQNHQGXUFKVHW]WH1HEHOKLHOWXQV IHVW XQG ZLH EHL GHU VHOWVDPHQ )DKUW EHU GHP :DVVHU XQG GXUFK GHQ HFKWHQ 1HEHO K|UWHQ XQGVDKHQZLUQLFKWV1LFKWHLQPDOGHQ:HJGHU6RQQH7URW]GHPYHUJLQJHLQLJH=HLWGHQQ DOVXQVGLH:RONHHQWOLHVWDQGGLH6RQQHLP0LWWDJ /(6%261RFKKXQGHUW]HKQ7DJH :LUHUVFKLHQHQJDQ]SO|W]OLFKLP+DIHQGHU,QVHO'LHVPDOZDUHQZLUYRUEHUHLWHWJHZHVHQ (LQH $UW -DJGILHEHU HLQ hEHUUHDNWLRQ DXI GHQ DXVJHVWDQGHQHQ XQG YHUJHVVHQHQ 6FKUHFNHQ KLQKDWWHXQVDOOHJHSDFNW,FKYHUPHLQWHXQXQWHUEURFKHQGDVGlPRQLVFKH*HOlFKWHUYRQ(6 ]XK|UHQ'LH5LHPHQZDUHQEHUHLWVDXVJHIDKUHQXQGZLUUXGHUWHQELV]XP.DL'LHPLW WlJOLFKH 6RQQH YHUEUHLWHWH HLQH WUJHULVFKH :lUPH 8QV HUZDUWHWH HLQH JU|HUH 0HQVFKHQPHQJH GLH VRZRKO GHQ IXQNHOQGHQ 1HEHO DOV DXFK GHVVHQ 9HUVFKZLQGHQ XQG GDV SO|W]OLFKH$XIWDXFKHQGHU&+$5,6EHPHUNWKDWWH 5XKLJJLQJHQZLUDQ/DQGXQGYHUODQJWHQGDV2EHUKDXSWGHUEHIHVWLJWHQ6WDGWGLHVHU,QVHO]X VSUHFKHQ 6WXQGHQODQJ JLQJHQ ZLU DXI GHQ ]\NORSLVFKHQ 0DXHUQ VSD]LHUHQ XQG EHU]HXJWHQ 3ULHVWHU GHQ 6WDGWN|QLJ VHLQH %HUDWHU XQG HLQLJH :HLVH GDYRQ GD LQ QLFKW JDQ] YLHU 0RQGHQLKUH:HOWQXUGDQQQLFKWXQWHUJHKHQZUGHZHQQVLHWDWHQZDVZLULKQHQVDJWHQ :DVVROOWHQVLHWXQIUDJWHQVLH :LU VDJWHQ HV LKQHQ XQG HUIUHXWHQ XQV HLQLJH 7DJH ODQJ LKUHU *DVWIUHXQGVFKDIW 8QPHQJHQ YRQ)LVFKZXUGHQDXIMHGHQXUGHQNEDUH:HLVH]XEHUHLWHW:HLQIORLQEHDFKWOLFKHQ0HQJHQ GLH'LHQHULQQHQ6NODYLQQHQXQGYLHOH7|FKWHUGHU(GOHQXPJDUQWHQXQVHUH0l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lIHUQ XQG 9LHKKWHUQ YRUEHL XQG DQ 5LQGHUKHUGHQDXIGLHEHIHVWLJWH6WDGW]X$XFKKLHUZXUGHQQDFKDQIlQJOLFKHP=|JHUQXQG QDFKGHPPDQ%RWHQ]XP6FKLIIJHVFKLFNWKDWWHXQVHUH%RVFKDIWDXIJHQRPPHQ0DQJODXEWH XQV6FKRQDXI/HVERVZDUHQZLULP%DQQNUHLVGHUEHKHUUVFKHQGHQ6WDGWJHZHVHQKLHUHU NDQQWHQ ZLU GD 7URMD lKQOLFK ZLH .QRVVRV KHUUVFKWH YRQ MHGHP 6FKLII XQG MHGHU +DQGHOVNDUDZDQHGLHKLHUHQWODQJ]RJHQZXUGH7ULEXWRGHU=ROOHLQJHKREHQ'HU6WDGWIUVW YRQ 7URMD EHVFKHQNWH XQV PLW .HWWHQ DXV JROGHQHQ *OLHGHUQ DQ GHQHQ (OHNWURQ 6FKPXFNVWFNHKLQJHQ(LQHUlWVHOKDIWHJODVDUWLJH6XEVWDQ]GLHDQGHUH0DWHULDOLHQZLHHLQ 0DJQHWDQ]RJQDFKGHPPDQVLHPLW:ROOHRGHU6WRIIULHE,FKKlQJWHGHQULHVLJHQ7URSIHQ DXV(OHNWURQLQGHPLFKHLQHJUD]LOH0FNHHLQJHVFKORVVHQHUNDQQWHQHEHQGHQ.RPSDXQG PHLQHQ=HOOVFKZLQJXQJVDNWLYDWRUDOV$PXOHWWXPPHLQHQ+DOV(LQHJURH0HQVFKHQPHQJH EHJOHLWHWH XQV ]XP 6FKLII ]XUFN XQG HUJlQ]WH XQVHUH 9RUUlWH GXUFK 2OLYHQ =LHJHQIOHLVFK 6FKLQNHQ YRQ %lUHQ XQG ZLOGHQ 6FKZHLQHQ .UlQ]HQ JHG|UUWHU )HLJHQ XQG .UJH YROOHU OLQGJUQHU(UEVHQ 'LH OHW]WHQ VNHSWLVFKHQ *HGDQNHQ GHU 7URMDQHU ZXUGHQ ZRKO KLQZHJJHZLVFKW DOV XQV GLH

IODFNHUQGH]XFNHQGH:RONHXPKOOWHXQGGDYRQUL :DUHQZLUDXIGHP:HJQDFK&KLRV" &+,261XUQRFKKXQGHUWXQGGUHL7DJH 6LHEHQPDOGRQQHUWHHVDOVZLUXQVDXVGHUYHUZHKHQGHQ:RONHKHUDXVVFKlOWHQ$XVKHLWHUHP +LPPHO RKQH *HZLWWHUZRONHQ 5HJHQ RGHU 6WXUP WREWHQ GLH NUDFKHQGHQ 6FKOlJH EHU GLH ,QVHOKLQZHJXQGNQGLJWHQXQVHUH$QNXQIWDQ/DQJVDPUXGHUWHQZLUDP/HXFKWWXUPYRUEHL XQG DXI GHQ )X GHU ZXFKWLJHQ 0DXHUQ ]X $XV GHQ +lXVHUQ VWU|PWHQ 0HQVFKHQ 'LH 0DXHUQEHY|ONHUWHQVLFKPLW.ULHJHUQXQG6NODYHQ$XFKGLHVHU+DIHQOLHHUNHQQHQGDZLU XQVLP:LQWHUEHIDQGHQ6FKLIIHZXUGHQDXVJHEHVVHUWXQIHUWLJH5PSIHVWDQGHQDQ/DQGXQG ZXUGHQYRQGHQ$UEHLWHUQUHSDULHUWQHXDXIJHEDXWEHUKROWXQGDXVJHUVWHW:LUZLUNWHQZLH .VWHQIDKUHU IU|KOLFK HQWVFKORVVHQ XQG YRQ 6DO] YHUNUXVWHW DOV ZLU DQ /DQG VSUDQJHQ XQG GHQ0HQVFKHQHUNOlUWHQZRKHUZLUNDPHQ Ä,KUWUDJWGDV=HLFKHQGHU)LQVWHUQLVLQHXUHQ$XJHQXQGHXUHQ*HVLFKWHUQVDJWHHLQHUGHU NOXJHQ DOWHQ 0lQQHU ,FK ]XFNWH EHUUDVFKW ]XVDPPHQ (U VFKLHQ XQV WDWVlFKOLFK ]X YHUVWHKHQ Ä'LH )LQVWHUQLV ZLUG XQV IROJHQ DQWZRUWHWH LFK Ä,Q HWZD HLQKXQGHUW 7DJHQ XQG 1lFKWHQ (EHQVR ZLH 5KRGRV XQG GDV /DQG $FFKLDZD ZLUG VLFK GRUW ZRKHU ZLU NDPHQ HLQH :HOOH DXIWUPHQVRKRFKZLHGLH)HVWXQJVPDXHUQ (6KDWWHXQVQLFKWVGDUEHUJHVDJWREGLH8QJHKHXHUVLFKYRP:DVVHUDEVFKUHFNHQOLHHQ RGHU RE GLH %HVWLHQ GHU 'XQNHOKHLW VFKZLPPHQ NRQQWHQ :LU QDKPHQ GDV GHQNEDU 6FKOLPPVWHDQVLHURWWHWHQQLFKWQXUDQ/DQGVRQGHUQDXFKLP:DVVHUDOOHV/HEHQGHDXVXQG YHUVFKOHSSWHQHVDXIGLHNRVPLVFKH,QVHO =ZHL 7DJH EUDXFKWHQ ZLU XP GLH +HUUVFKHQGHQ DXI GLHVHU ,QVHO ]X EHU]HXJHQ $XFK VLH JODXEWHQ DQ ÄXQVHU 2UDNHO 6WHWV GDQQ ZHQQ ZLU PLW 0lQQHUQ VSUDFKHQ GHUHQ %HUXI GLH 6HHIDKUWGHU6HHKDQGHORGHUGLH)LVFKHUHLZDUZXUGHXQVJHJODXEW'LHMHQLJHQGLHVWHWVDQ /DQG ZRKQWHQ YHUPRFKWHQ VLFK GLH 6FKUHFNHQ GHU 5LHVHQZRJH XQG GLH IROJHQGHQ =HUVW|UXQJHQ QLFKW RGHU QXU YLHO VFKZHUHU YRU]XVWHOOHQ $EHU VLH NDQQWHQ GLH )ROJHQ YRQ (UGEHEHQ Ä.HQQWLKU&KDULV":DUVLHEHLHXFK"IUDJWHLFKEHUDOO Ä:HULVW&KDULV"ODXWHWHVWHWVGLH$QWZRUW Ä8QGDXFKGLHZHLH%LUHPHKDWKLHUQLFKWDQJHOHJW" Ä:LUNHQQHQQXU6DJHQXQG/JHQEHUGLHVHV6FKLII Ä,KUZLWQLFKWV" Ä:LU KDEHQ YRQ .DXIIDKUHUQ JHK|UW GD GLH %LUHPH =XIOXFKW EHL -DO\VRV JHVXFKW KDW DXI 5KRGRV Ä'DVLVWXQVHUQlFKVWHV=LHO 5KRGRV VR HUIXKUHQ ZLU EHKHUEHUJWH HLQH NOHLQH .RORQLH GHU 3KRLQLNHU 'LH ZDJHPXWLJHQ 6HJOHUPLWLKUHQ ]HUEUHFKOLFKHQ 6FKLIIHQ KDQGHOWHQ PLW DOOHP XQG PLW MHGHP GHU LKUH :DUHQ EHQ|WLJWH 0XVFKHOQ DXV GHU $LJlLV VFKOHSSWHQ VLH HEHQVR LQ LKUHQ VFKQHOOHQ 6FKLIIHQ PLW VLFK ZLH 2EVLGLDQ YRQ 0HORV 6FKPLUJHO ]XP %HDUEHLWHQ ]DKOUHLFKHU +DOE]HXJH YRQ 1D[RV VLH WDXVFKWHQ 6LOEHU YRQ DQGHUHQ ,QVHOQ JHJHQ (OIHQEHLQ GDV VLH LQ 8JDULW DQ %RUG QDKPHQ .XSIHUEDUUHQDXV$FFKLDZDWDXVFKWHQVLHJHJHQ=LQQDXVGHP/DQGMHQVHLWVGHU6lXOHQGHV 0HONDUWDXVGHP1LOODQGNDPHQ6WUDXHQIHGHUQ*ROG6LHJHOXQG6WHLQVFKPXFN6RJDU+RO] DXI.HIWLXOXGHQGLHVH6FKLIIHZHQQVLHDXFKGHP0LQRRV=ROOGDIUHQWULFKWHQPXWHQ'LH 6HHIDKUHUYRQ&KLRVVFKLHQHQJHQDX]XZLVVHQGDHVVLFKVHOEVWLPZLQWHUOLFKHQ5KRGRVJXW OHEHQOLH 'RUWKLQEUDFKHQZLUDXI :LHGHUJULII(6HLQXQGEUDFKWHXQVLQQHUKDOEYRQ]ZHL7DJHQGRUWKLQ 5+2'26+XQGHUWXQGHLQHQ7DJ 0LW HLQHP VDQIWHQ 5XFN GXUFK HLQHQ 6DFN YROOHU +DQI IHXFKWHP *UDV XQG DOWHU 7DXHQGHQ

JHGlPSIW VWLH GHU KRFKJHZ|OEWH 6FKQDEHO GHU &+$5,6 DQ GLH HLQJHUDPPWHQ %DONHQ DQ GHQHQ EUDXQH 0XVFKHOQ XQG 6FKZlPPH ZXFKVHQ 'HU +DIHQ XPJDE XQV DOV ZlUHQ ZLU PLWWHQ LQ HLQ IDUELJHV )HVW KLQHLQJHUDWHQ ,Q HLQHP ZLQ]LJHQ +DIHQ ZLH GLHVHP PLW VFKlW]XQJVZHLVHIQI]LJ+lXVHUQLQGHUQlKHUHQ8PJHEXQJGHV:DVVHUVZLUNWHQHLQKDOEHV 7DXVHQG0HQVFKHQEHUHLWVZLHHLQULHVLJHV+HHU Ä)HLHUQVLHXQVHUH$QNXQIW"IUDJWHVLFK1HVWRUODXW$P%HJLQQXQVHUHU)DKUWHQZDUHQGLH EURQ]HQHQ 7HLOH IXQNHOQG XQG JODWW JHZHVHQ -HW]W EHU]RJ HLQH JUQOLFKJUDXH 6FKLFKW GLH +HOPHHEHQVRZLHGLH6FKLOGHXQGHUVWUHFKWGLH%URQ]HWHLOHGHU&+$5,6 Ä6FKZHUOLFK+HUUGHV:LQGHVJDE3HUVHV]XUFNÄ(VVLQGQLFKWQXU$FKDLHU]ZLVFKHQGHQ +lXVHUQ6LHKJHQDXKLQ :LUVDKHQNOHLQHGUDKWLJH0lQQHUPLWVFKDUIUFNL JHQ 1DVHQ LQ ZHLFKHV /HGHU JHNOHLGHW XQG PLW DOOHQ =HLFKHQ GHV 5HLFKWXPV XQG GHV %HVLW]HUVWRO]HV6LHZDUHQ]ZLVFKHQGHU%HY|ONHUXQJYRQ5KRGRVNHLQHVZHJV)UHPGN|USHU VRQGHUQ EHZHJWHQ VLFK VR VHOEVWYHUVWlQGOLFK DOV ZlUH GLH ,QVHO XQG VSH]LHOO GDV *HELHW XP GHQ+DIHQLKUH+HLPDW8PGLH7UHQXQWHUGHQ'lFKHUQXQGYRUGHQ)HQVWHUQGHU+lXVHU KLQJHQXQGVWDQGHQ+DQGHOVZDUHQ Ä'DV VLQG WDWVlFKOLFK 3KRLQLNHU VWHOOWH +\ODV IHVW Ä%HLP :HEVWXKO GHU +HUD :LU KDEHQ HLQH+DQGHOVVWDWLRQGHU0lQQHUPLWGHQ+DNHQQDVHQDQJHODXIHQ Ä+LHUNDQQ$WODQVHLQHQ%RJHQJHJHQ3XUSXUHLQWDXVFKHQULHI'HQGUR 7DXHIORJHQQDFKGHQ6HLWHQ+DOEZFKVLJHEHOHJWHQXQVHU6FKLII'DV+DIHQZDVVHUZDUVR JODWWZLHHLQHUGHU%URQ]HVSLHJHOGLHZLULQGHQ)LQJHUQGHU0lGFKHQVDKHQ0HQVFKHQOLHIHQ ]XVDPPHQ 3WDK6RNDU XQG LFK VSUDQJHQ DQ /DQG 8QVHUH %HVDW]XQJ EOLFNWH PLW KHUYRUTXHOOHQGHQ $XJHQ QDFK GHQ 6FKHQNHQ XQG GHQ 0lGFKHQ $OOHUOHL KDOE VFKHU]KDIWH KDOEQHXJLHULJH5XIHHUW|QWHQ Ä:RKHUNRPPWLKU" Ä(LQKHUUOLFKHV6FKLIIQLFKWDXVHLQHPDFKDLVFKHQ+DIHQ Ä.HLQH3KRLQLNHU1LHPDOVKDEHQZLUHLQVROFKHV6FKLII ÄVHKHQDXVDOVZUGHQVLHYRQZHLWKHUNRPPHQ Ä+lQGOHU"9HUVXFKHQZLUHV =ZLVFKHQ GHQ +lXVHUQ GLH LP EHNDQQWHQ 6WLO GHU EURQ]H]HLWOLFKHQ JULHFKLVFKHQ %DXZHLVH HUULFKWHW ZDUHQ VDKHQ ZLU *HElXGH GLH HLQGHXWLJ HLQHU DQGHUHQ .XOWXU HQWVWDPPWHQ 'LH :lQGHXQG'lFKHUEHVWDQGHQDXV6WHLQXQG/HKP]LHJHOQYHUPXWOLFKGHVKDOEZHLOHLQ%UDQG XQHUVHW]OLFKH*WHUYHUQLFKWHWKlWWH6LHZLUNWHQKHLWHUHUXQGOHLFKWHU$EHUYRULKUHQ7RUHQ VWDQGHQJULPPLJGUHLQVFKDXHQGH:DFKHQPLWHOHJDQWHQ%|JHQXQGJHIOOWHQ.|FKHUQ'LFKW EHLHLQDQGHU JHVLFKHUW GXUFK VWUDIIH 7DXH XQG VFKZHUH 6WHLQDQNHU GPSHOWHQ VHFKV SKRLQLNLVFKH 6FKLIIH OLQNV YRQ XQVHUHP $QOHJHSODW] +LQWHU LKQHQ UHFNWHQ VLFK K|O]HUQH +HEHElXPH LQ GHQ SDVWHOOHQHQ+HUEVWKLPPHO'HU*HUXFKYRQ+HUGIHXHUQXQGJHG|UUWHP)LVFKKLQJLQGHU/XIW 'UHL0lQQHUGLHDXVVDKHQZLH'ULOOLQJHNDPHQDXIXQV]XXQGJULQVWHQNKQ Ä6HLGLKUGDV6FKLIIGDVGHU&KDULVIROJW"ULHIGHUPLWWOHUHYRQLKQHQ,FKZDUEHUJDQJVORV DXIJHUHJWXQGULHI]XUFN Ä8QVHU6FKLIIWUlJWLKUHQ1DPHQ,VWVLHKLHU" Ä6LH ZDUWHW DXI HXFK LQ $ODVKLD ODXWHWH GLH $XVNXQIW XQG GLH 0lQQHU VFKLHQHQ VLFK LQ ODXWORVHP*HOlFKWHU]XNUPPHQ Ä:DUXPODFKWLKUVRDOVZUGHWLKUGDIUEHORKQW"EUOOW1HVWRULQDXINRPPHQGHU:XWDXV GHP%XJ Ä&KDULV VDJWH XQV GD LKU 0HQVFKHQ GHV 6FKZHLHV VHLG GD LKU YHUVXFKW VLH HLQ]XKROHQ XQGHVGHQQRFKQLHPDOVVFKDIIHQZUGHW6LHUHLVWHPLWXQVHUHQ6FKLIIHQ6WLPPWHVGDLKU GLH%RWHQGHV8QKHLOVVHLG" =DKOH HV LKQHQ KHLP HPSIDKO VDUNDVWLVFK GHU ([WUDVLQQ ,FK OHKQWH PLFK DQ GHQ 6FKLOG XQWHUKDOE XQVHUHV JUDXVLJHQ 6FKLIIV]HLFKHQV YHUGUHKWH GLH $XJHQ XQG VWLH HLQ KHLVHUHV

6W|KQHQDXV'DQQZLPPHUWHLFKDXIVFKORGLH$XJHQXQGGHXWHWHDXIHLQLJHGHU/HXWHGLH XQVLQ]ZLVFKHQLQHLQHP+DOENUHLVXPVWDQGHQ Ä'X GX XQG DXFK GX GHLQH .LQGHU XQG GLH )UDX GLH GX EHJHKUVW VFKULH LFK PLW EHUNLSSHQGHU 6WLPPH KLQ XQG KHU VFKZDQNHQG Ä,KU DOOH ZHUGHW GLH )OXW QLFKW EHUOHEHQ (XHU%HVLW]ZLUGYRQGHU%UDQGXQJKLQZHJJHULVVHQ(UYHUEUHQQWZHLOGDV'DFKLQV+HUGIHX HUIDOOHQZLUG)OXFKWZLUGHXFKQLFKWVQW]HQGHQQGHU7DJZLUG]XU1DFKWXQGGLH1DFKWLVW YROOHU)ODPPHQ5DXFKXQGVFKUHLHQGHU'lPRQHQGLHYRQGHQHZLJHQ6WHUQHQNRPPHQ,KU DOOHZHUGHWHWZDVYHUOLHUHQ *ULHFKHQGHUHQ+lXVHU]HUVFKPHWWHUWZHUGHQ6NOD YHQGLHLKUHQ+HUUQYHUOLHUHQZHLOLKQGDV:DVVHUHUWUlQNW'LHOLVWLJHQ3KRLQLNHUPLWLKUHQ 6FKLIIHQ HUWULQNHQ LQ HLQHU :HOOH GLH IQI]LJPDO VR KRFK LVW ZLH GLH 0DVWHQ GHU 6FKLIIH )HXHUXQG:DVVHU6WDXEDXVGHU/XIWXQGHLQH.UDIWGLHGDV8QWHUVWH]XREHUVWNHKUHQZLUG GDVYHUNQGHQZLUHXFKZLUGLH%RWHQGHV8QKHLOV ,FKVWLHHLQHQ6FKUHLDXVZRUDXIHLQKDOEHV'XW]HQGPHLQHU)UHXQGHDXIPLFK]XVSUDQJHQ YRU GHP =XVDPPHQEUHFKHQ EHZDKUWHQ PHLQH :DQJHQ VWUHLFKHOWHQ XQG PLU %HFKHU YROOHU :HLQ UHLFKWHQ 1HVWRU XQG 3WDK ZDQGWHQ VLFK DQ GLH 8PVWHKHQGHQ XQG VDJWHQ LKQHQ PLW JHGlPSIWHQ6WLPPHQ Ä(ULVWXQVHU$QIKUHU:HQQHUGLH:RUWHGHV2UDNHOVYHUNQGHWEHIDOOHQLKQ6FKZlFKHXQG 9HUZLUUXQJGHV*HLVWHV6RQVWLVWHUNKQZLHGHU$GOHUDXIGHP%HUJH,GDVFKQHOOZLHGLH 6WLHUHGHV0LQRRV$EHUMHW]WNDPGHU'lPRQGHV2UDNHOVEHULKQ 'LH $QVSUDFKHQ ]HLJWHQ DXJHQEOLFNOLFKH :LUNXQJ 'LH 0HQVFKHQ HUVFKUDNHQ XQG SUHWHQ VFKZHLJHQG GLH .Q|FKHO LKUHU +lQGH JHJHQ GLH =lKQH %OLFNH YROOHU (KUIXUFKW XQG $QJVW WUDIHQPLFK,FKWDWDOVHUZDFKHLFKDXVHLQHPDEJUXQGWLHIHQ7UDXPZDQGWHPLFKDQPHLQH )UHXQGHXQGVWLHJXUJHOQGKHUYRU Ä+DEHLFKZLHGHUJHVDJWZDVPLUGDV2UDNHODXIWUXJ" Ä-D .HLQH 6RUJH :LU VLQG XQWHU )UHXQGHQ 6LH JODXEHQ XQV EHUXKLJWH PLFK 3WDK XQG YHUVXFKWHJHEKUHQGHUQVWXQGZUGLJGUHLQ]XVFKDXHQ8QVHUH0DQQVFKDIWNOHWWHUWHIDVWDOOH :DIIHQXQGGLHZLFKWLJVWHQ$XVUVWXQJVJHJHQVWlQGHVFKOHSSHQGDQ/DQG ,Q]ZLVFKHQ KDWWHQ VLFK GHU 9HUDQWZRUWOLFKH GHU SKRLQLNLVFKHQ 1LHGHUODVVXQJ XQG GHU 6WDGWN|QLJ YRQ 5KRGRV HLQJHIXQGHQ ,FK HUKROWH PLFK VFKQHOO YRQ PHLQHP $QIDOO 3WDK HUIXKUGD2UDNHOERWHQPLW$QIlOOHQGLHVHU$UWIDVWDOVXQDQWDVWEDUKDOEZHJVKHLOLJXQGDOV DEVROXWJODXEZUGLJEHWUDFKWHWZXUGHQ,QVWLQNWLY KDWWHLFKZRKOGDV5LFKWLJHJHWDQXPGLHVHVNHSWLVFKHQ,QVHOEHZRKQHU]XEHU]HXJHQ6FKRQ OLHIHQPHLQH:RUWHDOV*HUFKWHQWODQJGHV+DIHQV :LU ZXUGHQ ZLOONRPPHQ JHKHLHQ XQG LQ GLH )HVWXQJ HLQJHODGHQ 7DWVlFKOLFK YHUEUDFKWHQ ZLUYLHU7DJHDXI5KRGRV 0LQGHVWHQV]ZDQ]LJ+DQGHOVNDSLWlQHYRQVFKZHUEHODGHQHQSKRLQLNLVFKHQ6FKLIIHQODXVFKWHQ HLQHUGHWDLOOLHUWHQ6FKLOGHUXQJGHVVHQZDVZLUZXWHQZDVZLUHUOHEWKDWWHQXQGZDVXQVGDV 2UDNHO]XYHUNQGHQDXIJHWUDJHQKDWWH Ä-HGHU .DSLWlQ EHNUlIWLJWH 1HVWRU XQVHUH *HZLKHLW ÄZLUG EHUDOO GRUW ZR HU QDFK GHQ :LQWHUVWUPHQ PLW DQGHUHQ 0HQVFKHQ VSULFKW VFKRQ LQ HLJHQHP ,QWHUHVVH GLHVH :DKUKHLW EHVSUHFKHQ XQG ZHLWHUJHEHQ 8QWHU HLQHU )OXWZHOOH N|QQHQ VLH VLFK WDWVlFKOLFK HWZDV YRUVWHOOHQ 1lKHUH (LQ]HOKHLWHQ EHU GLH ZHLH %LUHPH HUIXKUHQ ZLU QLFKW ,P +DIHQ KDWWH GLHVHU =ZHLUXGHUHUQLHPDOVDQJHOHJW0LWGHP6WDGWIUVWHQPDFKWHQZLUDXVZDVHUWXQNRQQWHXP VHLQ 9RON ]X UHWWHQ 'LH 0HQVFKHQ XQG GDV 9LHKDXIGLHK|FKVWHQ3XQNWHGHU,QVHOEULQJHQ XQG GRUW 9RUUlWH XQG :DVVHUUHVHUYHQ DQOHJHQ 'LH )HXHU LQ GHQ +lXVHUQ ZHJHQ GHU %HEHQJHIDKUO|VFKHQ$OOH6FKLIIHVRZHLWZLHP|JOLFKGLH+lQJHKLQDXIVFKOHSSHQXQGGRUW LP:LQGVFKDWWHQDEVHW]HQLQ+|KOHQYHUEHUJHQXQGGLH(LQJlQJHYHUVFKOLHHQ)DFNHOQXQG gOODPSHQ ZHJHQ GHU 9HUGXQNOXQJ GHV +LPPHOV EHUHLWVWHOOHQ XQG QXU OHLFKWH +WWHQ DXIVFKODJHQ'DGLH.DWDVWURSKHLP)UKOLQJVWDWWILQGHQZUGHNRQQWHQ0HQVFKHQXQG7LHUH

LP)UHLHQEHUOHEHQ 8QVHUQlFKVWHV=LHOZDUGDV)HVWODQGQRUG|VWOLFKYRQ5KRGRV $*&+,-$:$1RFKDFKWXQGQHXQ]LJ7DJH Ä8QWHU VLFK WUPWHQ GHU 2VWZLQG GHU 6G XQG GHU VDXVHQGH :HVWZLQG VDQJ 1HVWRU XQHUVFKURFNHQLPDFKDLVFKHQ9HUVPD Ä$XFKGHUZHL]QJLJH1RUGXQGZlO]WHQJHZDOWLJH:RJHQ 8QGXQVHUHQHGOHQ6FKLIIHUQHU]LWWHUWHQ.QLHXQG+HU] =ZDU]LWWHUWHQGHQPHLVWHQYRQXQVZHGHUGLH.QLHQRFKGDV+HU]DEHUGLH&+$5,6EHIDQG VLFKDXIHLQHUUDVHQGHQ)DKUW]ZLVFKHQGHU,QVHOXQGGHP)HVWODQG'LHVPDOZRKOZHJHQGHU .U]HGHU5HLVHXQGGHPJQVWLJHQ1RUGZHVWZLQGKDWWH(6QLFKWHLQJHJULIIHQ$XV5KRGRV ZDUHQZLUKLQDXVJHUXGHUWKDWWHQGDV6HJHOJHVHW]WXQGJOLWWHQMHW]WKDOEZHJVEHUGLH:HOOHQ 'HU%XJGHV6FKLIIHVWDXFKWHQXUVHOWHQHLQXQGKREVLFKVFKUlJLQGLH/XIW6WUXGHOELOGHWHQ VLFKKLQWHUGHP+HFNXQGGDV6FKLIIODJOHLFKWQDFK%DFNERUGEHU(LQ]HOQH*LVFKWVSULW]HU O|VWHQVLFKDXVGHPJUQHQ:DVVHUXQGWUDIHQXQVHUH1DFNHQXQG6FKXOWHUQ'LH.VWHUDJWH YRUXQVDXVGHPJLVFKWHUIOOWHQ:DVVHU'LHPHLVWHQ8IHUZDUHQIHOVLJH$EVWU]HYRQHLQ]HO QHQUXQGHQ:DFKWWUPHQLQJURHQ$EVWlQGHQEHVHW]W Ä0DQ VDJW GLH %HZRKQHU GHU .VWH YHUVWHKHQ XQVHUH 6SUDFKH ULHI 'HQGUR Ä,FK NDQQ HLQ SDDU%URFNHQGHULKUHQ Ä7UHIIOLFK VFKULH 1HVWRU GXUFK GDV +HXOHQ GHV :LQGHV ]XUFN Ä'LHVH .VWHQ LFK VHKH VFKRQZLHVLFKGLH:HOOHDQLKQHQEULFKWXQGGLH7UPH]HUPDOPW $E XQG ]X XQWHUEUDFK HLQ +DQJ GLH )HOVNVWH 9HUHLQ]HOWH +lXVHU GXFNWHQ VLFK XQWHU ZLQG]HU]DXVWH%lXPH'LH6RQQHYHUPRFKWHQLFKW:lUPH]XVSHQGHQ:LUVHJHOWHQHQWODQJ GHU .VWH XQG KLHOWHQ XQV IHUQ YRQ GHQ .OLSSHQ XQG 5LIIHQ GLH ZLU DP ZHLHQ 6FKDXP HUNDQQWHQ'DV/DQGEOLHEDQ%DFNERUGGHQQZLUVXFKWHQZHLWHUVGOLFKQDFKHLQHPNOHLQHQ +DIHQ(UZDUGHUHLQ]LJHDXFKQDPHQORVDXIXQVHUHU.DUWH 6WXQGHQODQJ NUHX]WHQ ZLU ]XP 8IHU XQG ]XUFN 'HU :LQGVFKDWWHQ YRQ 5KRGRV ZDU OlQJVW QLFKWPHKUZLUN VDPIUGLH&+$5,66FKOLHOLFKDOVGLH6RQQHXQWHUJLQJVDKHQZLUHLQLJH/LFKWHUXQGOLHIHQ LQ HLQH 6FKOXFKW HLQ GLH VLFK ZLH HLQ JHNUPPWHU )LQJHU LQV /DQG KLQHLQ HUVWUHFNWH (LQ LGHDOHV9HUVWHFNHLQKHUUOLFKHU1DWXUKDIHQPLWVWLOOHP:DVVHU0LWGHPOHW]WHQ6FKZXQJGHV :LQGVWRHVWDXFKWHQZLULQGLH5XKHGHVVFKZDU]HQ:DVVHUVHLQIXKUHQGLH5LHPHQDXVXQG UXGHUWHQDQ/DQG (LQH 6FKDU VWlPPLJHU GXQNHOKDDULJHU 0lQQHU HPSILQJ XQV 6LH ZLUNWHQ NOHLQHU DOV GLH $FKDLHU GLH ZLU ELVKHU NHQQHQJHOHUQW KDWWHQ $EHU ZHGHU LQ GHU %HZDIIQXQJ QRFK LQ GHU .OHLGXQJNRQQWHQZLUEHPHUNHQVZHUWH8QWHUVFKLHGHIHVWVWHOOHQ :LU EOLHEHQ GUHL 7DJH KLHU XQG NRQQWHQ HUOHEHQ GD QRFK ZlKUHQG GLHVHU =HLW %RWHQ DXVJHVFKLFNW ZXUGHQ XQG *HVSDQQH GDYRQMDJWHQ YHUVHKHQ PLW 7RQWlIHOFKHQ DXI GHQHQ GHU 0RQG XQG GHU 7DJ GHV 8QKHLOV LQ HLQHU HLQIDFKHQ IDVW UKUHQG KLOIORVHQ %LOGHUVFKULIW YHUPHUNWZDUHQ 8QVHUQlFKVWHV=LHOZDUGLH,QVHO$ODVKLDXQGDXFKKLHUDQGHU)HOVNVWHIDQGHQZLUNHLQH 6SXUGHUZHLHQ%LUHPHXQGYRQ&KDULV $/$6+,$]ZHLXQGQHXQ]LJ7DJH 3WDK6RNDU VFKOXJ PLU DXI GLH 6FKXOWHU OHKQWH VLFK EHU GLH 5HOLQJ XQG VDK DP IHXFKWHQ 3IHUGHVFKZHLIGHU+HOP]LHUXQVHUHU%XJILJXUYRUEHL'LH6WLPPHPHLQHV)UHXQGHVZDUUDXK DOVHUVDJWH Ä'XVFKHLQVWZLHGHUHLQPDOYRQGVWHUHQ$KQXQJHQKHLPJHVXFKW]XZHUGHQ$WODQ" Ä6RLVWHVVDJWHLFKÄ'LHVPDODOOHUGLQJVLVWHVQLFKWGLH.DWDVWURSKHDQGLHLFKGHQNH Ä6RQGHUQ"ZROOWH1HVWRUZLVVHQ 'DV6FKLIIGLH9RUUlWHXQGZLUZDUHQJOHLFKHUPDHQPLWJHQRPPHQXQGDOOHVDQGHUHDOVQHX XQG JOlQ]HQG $EHU GXUFK GLH ODQJH 5HLVH XQG GLH XQXQWHUEURFKHQH )ROJH YRQ $EHQWHXHUQ QHXHQ(UNHQQWQLVVHQXQG(UOHEQLVVHQVFKLHQHQ6FKLIIXQG0DQQVFKDIWYHU

VFKPRO]HQ]XVHLQ)XUFKWYRUXQHUNOlUOLFKHQ'LQJHQZDUHWZDVGDVQLFKWHLQPDOPHKUGHQ HLQIDFKVWHQ5XGHUHUEHHLQGUXFNWH7URW]GHPPXWHLFKHKUOLFKHUZHLVHDQWZRUWHQ Ä.LWLRQ DXI $ODVKLD ,FK DKQH GD XQV GRUW 6FKZLHULJNHLWHQ HUZDUWHQ 2GHU UlWVHOKDIWH (UHLJQLVVH,UJHQGHWZDVPDFKWPLFKXQUXKLJXQGPLWUDXLVFK Ä6LQGHVGLHZHLH%LUHPHXQG&KDULVGLHVLFKYRUXQVYHUVWHFNHQ" Ä$XFK GDV N|QQWH VHLQ ,FK ZHL HV QLFKW JDE LFK ]X Ä$EHU LFK ELQ XQUXKLJ XQG YROOHU 6SDQQXQJ(VLVWEHVVHUZLUKDOWHQXQVHUH:DIIHQEHUHLW Ä'DVLVWLPPHUHLQ0LWWHOGHU9RUVLFKWHUNOlUWH0HURSV 9RUXQVEUHLWHWHVLFKHLQH%XFKWDXV$QYLHOHQ6WHOOHQVDKHQZLUGLHZLQ]LJHQZDQGHUQGHQ /LFKWSQNWFKHQ GHU )DFNHOQ (LQ]HOQH )HXHU YHUEDQGHQ VLFK GHQ .RQWXUHQ GHU *HJHQG IROJHQG ]X XQWHUEURFKHQHQ .HWWHQ :LU ]RJHQ GDV 6HJHO KRFK XQG ]XUUWHQ HV IHVW GDQQ UXGHUWHQ ZLU ODQJVDP DXI GHQ 0LWWHOSXQNW GHU YLHOHQ /LFKWHU ]X 9RQ GHQ +lQJHQ GU|KQWHQ *RQJVFKOlJH RGHU ULHVLJH 7URPPHOQ 8QVHUH 9HUZXQGHUXQJ ZXFKV PLW MHGHP ZHLWHUHQ 5XGHUVFKODJ:LUIXKUHQGXUFKGLH3DVVDJH]ZLVFKHQ]ZHL/HXFKWWUPHQDXV+RO]EDONHQ,Q JHVFKW]WHQ6FKDOHQORGHUWHQKHOOHgOIHXHU Ä-HW]W" 0LWWHQ LP :LQWHU" 'DV LVW IU XQV $WODQ VWLH 1HVWRU KHUYRU :LU EHIDQGHQ XQV OlQJVWLQ:DIIHQZDUHQJHUVWHWXQGZLHZLUJODXEWHQDXIDOOHVYRUEHUHLWHW Ä6RVLHKWHVDXV:HLWXQGEUHLWKDEHQZLUNHLQDQGHUHV6HJHOJHVHKHQULHI3HUVHV 'LH VHOWVDPH )RUWEHZHJXQJVDUW YRQ (6 KDWWH XQV KLHUKHU JHEUDFKW XQG ZHLW YRU GHP +DIHQ DXVGHUIXQNHOQGHQ:RONHHQWODVVHQ'LH%HZRKQHUGLHVHU6LHGOXQJGHVJU|WHQ+DIHQVGHU ,QVHOKDWWHQJHQJHQG=HLWJHKDEWXQVHUH$QNXQIWPLWDQ]XVHKHQ$QGHQ:lQGHQGHUHUVWHQ +lXVHUGLHUHFKWVXQGOLQNVDXIGHQ +lQJHQ DXIWDXFKWHQ VWHFNWHQ )DFNHOQ )HXHU ORGHUWHQ YRU GHQ (LQJlQJHQ :LU JODXEWHQ 0HQVFKHQ]XVHKHQGLHHLQ)HVWIHLHUWHQ6LHKLHOWHQ.UJHXQG%HFKHULQGHQ+lQGHQXQG DQ PDQFKHQ )HXHUQ GUHKWHQ VLFK %UDWHQ ,Q GHU 0LWWH GHV +DIHQV VDKHQ ZLU HLQH ODQJH 'RSSHOUHLKH YRQ )HXHUVWHOOHQ GLH ]X HLQHP +DXV PLW ZHLJHNDONWHQ :lQGHQ KLQDXIIKUWHQ XQGGXUFKGLHbVWHHQWODXEWHU%lXPHORGHUWHQ 'DQQVWLHPLFK3HUVHVDQXQGNQXUUWHÄ'LH%LUHPH2GHUHLQ6FKLIIGDVLKUWlXVFKHQGlKQ OLFKLVW (U GHXWHWH DXI GHQ UHFKWHQ 5DQG GHV +DIHQEHFNHQV 'RUW ODJ KDOE DXI GHQ DOJHQEHGHFNWHQ 6WUDQG KLQDXIJH]RJHQ HLQ VFKODQNHV 6FKLII YRQ GHP $XVVHKHQ GHU %LUHPH 'LH HUVWHQ (LQZRKQHUOLHIHQ]XVDPPHQXQGVFKZHQNWHQMXEHOQGLKUH.UJH Ä*LOWGHU(PSIDQJWDWVlFKOLFKXQV"IUDJWHVLFK3WDK6RNDUODXWÄ2GHUIHLHUQVLHGHQDQGHUHQ .RPPDQGDQWHQ" :LUUXGHUWHQODQJVDPXQGZDFKVDPQlKHU,PPHUPHKU,QVHOEHZRKQHUNDPHQGHXWHWHQDXI XQV XQG ULHIHQ XQV UDXKH :LOONRPPHQVZRUWH KHUEHU 'LH )ODPPHQ VSLHJHOWHQ VLFK LP UXKLJHQ+DIHQZDVVHU'LH&+$5,6IXKUPLWOHXFKWHQGHQ5HIOH[HQDXIGHP%XJELOGQLVGHQ +HOPHQGHU0lQQHUXQGGHQODQJHQ5LHPHQQlKHUKHUDQ,PPHUPHKU0HQVFKHQELOGHWHQHL QHQ+DOENUHLVDP$QIDQJGHU'RSSHOUHLKHDXV)ODPPHQXQGZLQNWHQXQV/DQJVDPZHQGHWHQ ZLUVWLHHQ]XUFNXQGZLUGUHLVSUDQJHQDXVGHP+HFNDQ/DQGGLH:DIIHQLQGHQ+lQGHQ .QLUVFKHQG EHZHJWH VLFK GHU .LHO DXI GHP 6DQG DOV ZLU XQV JHJHQ GLH 3ODQNHQ VWHPPWHQ 'HQGUR XQG 1HVWRU VWDQGHQ DXI GHP 9RUVFKLII GLH ODQJHQ %|JHQ LQ GHQ +lQGHQ XQG GLH JHIOOWHQ.|FKHUEHUGHQ6FKXOWHUQ 1LHPDQGJUHLIWHXFKDQIOVWHUWHGHU/RJLNVHNWRU (LQH*UXSSHlOWHUHU0lQQHUUDQQWHKHUEHL,KUH*H VLFKWHUZDUHQQLFKWQXUYRQGHQ)ODPPHQVRQGHUQDXFKYRP:HLQJHU|WHW Ä:LUVLQGGLH0lQQHUGHU&+$5,6GLH9HUNQGHUGHV2UDNHOVILQJLFKDQÄ'DQNHIUGHQ :LOONRPPGHQXQV.LWLRQHUZHLVW Ä,KU VHLG HUZDUWHW ZRUGHQ JDE HLQHU GHU 0lQQHU GHU EUHLWH *ROGDUPElQGHU WUXJ ]XU $QWZRUWÄ6HKWGRUWKLQ 'LH 0HQJH WHLOWH VLFK (LQLJH 0HQVFKHQ VWROSHUWHQ EHUHLQDQGHU VLH ZDUHQ QLFKW PHKU

QFKWHUQ(LQ:LQGVWREUDFKWHGHQ%UDWHQJHUXFKYRQGHQ)HXHUQKHUEHL5DXFKYHUGXQNHOWH GLH 6WHUQH EHU XQV $EHU ]ZLVFKHQ GHQ 5HLKHQ GHU ORGHUQGHQ )HXHU QlKHUWH VLFK HLQH VFKODQNH)DXYRQPHKUHUHQ)DFNHOWUlJHUQEHJOHLWHW:LHDXVHLQHP0XQGVWLHHQ3WDKXQG LFKDXV Ä&KDQV 6FKZHLJHQG XQG OlFKHOQG NDP VLH DXI XQV ]X 'LH MXQJH )UDX ZDU QXU ZHQLJH )LQJHUEUHLW NOHLQHU DOV LFK ,KUH +DXW ZDU GXQNHO DEHU VLH ZDU NHLQH 1HJHULQ 6LH VFKLHQ DXV GHP Q|UGOLFKHQ 7HLO GHV *URNRQWLQHQWV ]X VWDPPHQ GXUFK GHQ GHU 1LO IOR ,KU *HVLFKW ZDU VFKPDOXQGYRQGHQJURHQGXQNOHQ$XJHQEHKHUUVFKW&KDULVWUXJKHOOH.OHLGXQJXQGODQJH 6WLHIHOGLHELVXQWHULKUH.QLHUHLFKWHQHLQHXQJHZ|KQOLFKH0RGHDQGLHVHP2UW :LUZDUWHWHQLQVWHLJHQGHU8QUXKHDXIVLH+LQWHUXQVVWHOOWHQVLFKGLH0lQQHUDXVGHP6FKLII DXI XQG VLFKHUWHQ QDFK DOOHQ 6HLWHQ 6LH WUDXWHQ GHP )ULHGHQ QLFKW XQG GDFKWHQ DQ GHQ 6FKZXUGHQGHU.RPPDQGDQWGHUZHLHQ%LUHPHXQVQDFKJHVFKULHQKDWWH Ä,FKELQ&KDULVVDJWHVLHDOVVLHZHQLJH6FKULWWHYRUXQVVWDQG'LH0lQQHUPLWGHQ)DFNHOQ VFKDXWHQ XQV VWDUU DEHU QLFKW IHLQGVHOLJ DQ Ä6HLW YLHOHQ 7DJHQ HUZDUWHQ ZLU HXFK %LV GX GHUMHQLJHGHQVLH$WODQQHQQHQ" Ä8QGGLHVLVWPHLQ)UHXQG3WDK6RNDUGHU0DQQDXV .KHPDQWZRUWHWHLFKQLFNHQGÄ$OOHVLVWUlWVHOYROOXQGGXELVWGDVJU|WH5lWVHO&KDULV Ä9LHOOHLFKWQXUIUGLFK$WODQ 1HVWRUVFKREVLFKKHUDQEHJUWH&KDULVXQGIUDJWH Ä(UZDUWHQDXFKGLH0lQQHUGHUZHLHQ%LUHPHXQV"9LHOOHLFKWLQGHQ+WWHQYHUVWHFNWXQG PLWVFKXEHUHLWHQ:DIIHQ" Ä1HLQ6LHVLQGKLHUDEHULFKKDEHVLHEHU]HXJW,KUZXQGHUWHXFKZHLOZLUHLQ)HVWIHLHUQ" (V LVW HXUHWZHJHQ JHJHEHQ ZRUGHQ (XUH 0lQQHU ZHUGHQ LQ GHQ +lXVHUQ DP +DIHQ XQWHUJHEUDFKWVHLQ8QGLKUVHLGPHLQH*lVWH Ä:LU VLQG QLFKW KLHU XP ]X IHLHUQ VDJWH 3WDK KHUDXVIRUGHUQG ÄVRQGHUQ GHVZHJHQ XP GLH %HZRKQHUYRQ$ODVKLD]XZDUQHQ Ä'D LFK PLW GHP ZHLHQ =ZHLUXGHUHU VFKRQ YRU HLQLJHQ 7DJHQ KLHUKHU NDP KDEH LFK GLH 0HQVFKHQGHU,QVHOEHU]HXJW $XI GHU +DXW ]ZLVFKHQ GHQ .QLHQ XQG GHQ 2EHUVFKHQNHOQ DXI GHQ EORHQ $UPHQ XQG DXI GHP +DOV VDK LFK GLH VHOWVDPHQ 9HU]LHUXQJHQ =XP 7HLO VFKLHQHQ GLH ZLQ]LJHQ 3XQNWH DXV 6LOEHUXQG*ROGSOlWWFKHQ]XEHVWHKHQ]XPDQGHUHQZDUHQHVZRKOKHOOH7lWRZLHUXQJHQDXI GHU+DXW6LHELOGHWHQIHLQHVFKODQJHQDUWLJH/LQLHQXQGZLQ]LJH5DQNHQ Ä'X" $XI GHP ZHLHQ =ZHLUXGHUHU" IUDJWH 1HVWRU ODXW 7DWVlFKOLFK OLH VLFK NHLQ EHZDIIQHWHU3LUDWEOLFNHQ Ä,FKUHLVHKLHUKLQXQGGRUWKLQDXIMHGH:HLVHGLHVLFKPLUELHWHW'DVOHW]WH6FKLIIYRQGHQ ,QVHOQZDUGLH%LUHPH &KDULV KDWWH HLQH GXQNOH OHLFKW NHKOLJH 6WLPPH 6LH EHZHJWH VLFK VR ZLH VLH VSUDFK VHOEVWVLFKHU XQG YRQ EHU]HXJHQGHU .UDIW HUIOOW 3WDK6RNDU XQG LFK EUDXFKWHQ XQV QLFKW HLQPDOPHKUDQ]XVHKHQ:LUZXWHQMHW]WGDZLUHLQHVWDUNHXQJHZ|KQOLFKH3HUV|QOLFKNHLW YRUXQVKDWWHQ ,FKZLQNWHDEXQGHUNOlUWH Ä1XQHVJLEWYLHOH)UDJHQ6LHZHUGHQQLFKWDOOHKLHUDP8IHUEHDQWZRUWHWZHUGHQ Ä1HLQ/DWXQVLQPHLQHP+DXVGDUEHUUHGHQ$OOHVZLUGVLFKDXINOlUHQ'HQQDXFKLFKELQ QLFKWPHKUDOVHLQ:HUN]HXJGHV2UDNHOV Ä,PPHUKLQ EUXPPWH LFK Ä0LW YLHOHQ :HUN]HXJHQ NDQQ HLQH JURH $XIJDEH YROOEUDFKW ZHUGHQ 'LH0HQVFKHQPHQJHGUDQJKHLWHUXQGIU|KOLFKYRQDOOHQ6HLWHQDXIXQVHLQGUFNWHXQVYROOH %HFKHUXQGKHLH%UDWHQVWFNHLQGLH+lQGH1HVWRUVSUDQJDXIHLQXPJHVWU]WHV%RRWKLQDXI XQGULHIGU|KQHQG Ä0lQQHUGHU&+$5,6(UKLHOWLQQHJULQVWHEUHLWXQGYHUNQGHWHÄ'DVLVWDXFKGHU1DPH

GLHVHV KHUUOLFKHQ WDSIHUHQ 6FKLIIHV PW LKU ZLVVHQ ZLU VLQG KLHU ]X *DVW ,FK ZRKQH LUJHQGZR GRUW REHQ EHL &KDULV )DQJW NHLQ|Q 6WUHLW PLW XQVHUHQ *DVWJHEHUQ DQ PHLQH 5XGHUHU0RUJHQVSUHFKHQZLUEHUDOOHVGHQQDXFKLFKZHLQLFKWPHKUDOVLKU/DWNHLQH $XVUVWXQJ XQG NHLQH :DIIHQ OLHJHQ :UIHOW ZHU EHLP 6FKLII EOHLEW PLQGHVWHQV IQI 0lQQHUVROOHQHVVHLQ =XVWLPPHQGH 5XIH NDPHQ YRQ GHU 8PJHEXQJ GHV 6FKLIIHV XQG DXFK DXV GHU 0HQJH :LU IROJWHQGHQ)DFNHOWUlJHUQXQGVSUDFKHQPLW&KDULV9RP+DIHQELV]XU6LHGOXQJGLHZHLWHU REHQDXIGHP+DQJXQGGHPDQVFKOLHHQGHQ3ODWHDXHUEDXWZDUXQGHEHQVRYRP.DPPGHU 5LHVHQZRJHHUUHLFKWZHUGHQNRQQWHHUVWUHFNWHVLFKHLQH]ZHLIDFKH5HLKHYRQNOHLQHQ+lX VHUQ'LH%HZRKQHUZDUHQ)LVFKHU+DQGZHUNHUXQGRIIHQVLFKWOLFK)UHLJHODVVHQH:LUVDKHQ GLH]DKOUHLFKHQ=HLFKHQLKUHU$UEHLW Ä6HLWZDQQUHLVWGXXPKHU&KDULV"ZROOWHLFKZLVVHQ 6LHZDQGWHVLFKKDOEXPVFKHQNWHPLUHLQKHUDXVIRUGHUQGHV/lFKHOQXQGHUZLGHUWH Ä6HLW GHU 1DFKW GHV 2UDNHOV 0LW NOHLQHQ XQG JURHQ 6FKLIIHQ DXI *HVSDQQHQ EHU VHKU VFKOHFKWH:HJH GXUFK6WXUPXQG)ODXWH,FKWUDIXQHQGOLFKYLHOH0HQVFKHQXQGGLHPHLVWHQJODXEWHQPLU Ä'DQQELVWGXPHKUDOV]ZHL0RQGHXQWHUZHJV"ULHI1HVWRUÄ'XHLQHMXQJH)UDXVFK|QXQG DXIUHJHQGZLHKDVWGXGLFKGHUQHXJLHULJHQ)LQJHUGHU0lQQHUHUZHKUHQN|QQHQ" Ä1LHPDQG UKUW HLQH 2UDNHOERWLQ DQ ]XPDO ZHQQ VLH EHU 0|JOLFKNHLWHQ YHUIJW VLFK ]X ZHKUHQ Ä:HOFKH+lIHQKDVWGXJHVHKHQ" Ä(VVLQGPHKU+lIHQXQG6LHGOXQJHQDOVLKUNHQQW Ä'DVLVWZDKUVFKHLQOLFK &KDULVVFKLHQKLHULQ.LWLRQPHKUDOVQXU*DVW]XVHLQ*DEHVDXHULKUHLQHQNOHLQHQ.|QLJ HLQHQ )UVWHQ RGHU HLQHQ +HUUVFKHU" %LVKHU KDWWH HU VLFK QLFKW JH]HLJW QXQ ZLU ZUGHQ VHKHQ:LUNDPHQDQHLQPLWWHOJURHV+DXVYRUGHVVHQ(LQJDQJZHLWHUH)DFNHOQLP%RGHQ VWHFNWHQXQGEUDQQWHQ Ä+LHUVLQGZLU7UHWHWHLQ$OOHVLVWEHUHLW (LQ KHOOHU ,QQHQUDXP QDKP XQV DXI 'LHQHULQQHQ NDPHQ XQG QDKPHQ XQVHUH 0lQWHO XQG :DIIHQ 6HVVHO VWDQGHQ XP HLQHQ QLHGULJHQ 7LVFK GDV /LFKW YRQ gOODPSHQ ]HLFKQHWH KHOOH .UHLVHDQGLHJHNDONWHQ:lQGH:HLQ%UDWHQXQGDOOHVDQGHUHGDV]XHLQHPUHLFKHQ(VVHQ JHK|UWH VWDQGHQ DXI GHP 7LVFK *OKHQGH +RO]NRKOHQ YHUEUHLWHWHQ DQKHLPHOQGH :lUPH &KDULVZDUILKUHQ0DQWHODEXQGGHXWHWHDXIGLH6HVVHO Ä7ULQNWHWIUDJWVDJWHVLHÄ:LHZDUGLH)DKUWKLHUKHU" Ä$XFK IU ZHQLJHU JXWH 6HHOHXWH ZlUH VLH OHLFKW JHZHVHQ VDJWH LFK YRUVLFKWLJ ÄGHQQ GHUMHQLJH GHU XQV EHU GDV 0HHU MDJW YHUIJW EHU JHZLVVH ZXQGHUEDUH +LOIVPLWWHO :LU ZDUHQYRQ5KRGRVELVKLHUKHUNDXPHLQHQ7DJODQJXQWHUZHJV ÄbKQOLFKHVLVWDXFKPLUSDVVLHUWVDJWHVLHÄ$EHUMHGHUYRQXQVZDUGDUDXIYRUEHUHLWHW 3WDK1HVWRUXQGLFKZXWHQQLFKWUHFKWPLWZHOFKHQ)UDJHQZLUEHJLQQHQVROOWHQ:LUILQJHQ DQ]XHVVHQ XQGVFKOLHOLFKORFNHUWHQGLHHUVWHQ%HFKHU:HLQGLH6WLPPXQJDXIXQGDXFKXQVHUH=XQJHQ :LU HUIXKUHQ GD &KDULV HLQHV 1DFKWV MHQH 9LVLRQ GHU 2UDNHOJUXIW JHKDEW KDWWH =X LKUHU PDORVHQ hEHUUDVFKXQJ IDQG VLH DP QlFKVWHQ 0RUJHQ HLQH $XVUVWXQJ YRU lKQOLFK ZLH XQVHUH6LHPDFKWHVLFKPHKUYRQHLQHU$KQXQJDOVYRQHLQHPIHVWHQ3ODQJHWULHEHQDXIGHQ :HJXQGYHUOLHLKUZLQ]LJHVÄ.|QLJUHLFKDQGHU.VWHGHV*URNRQWLQHQWV Ä:LH ODXWHWH GHLQH 9LVLRQ" :DUQVW GX DXFK YRU GHU .DWDVWURSKH GLH LQ ]ZHLXQGQHXQ]LJ 7DJHQVWDWWILQGHW" Ä1LFKWV DQGHUHV VDJWH VLH 9RQ 6WXQGH ]X 6WXQGH IDQG LFK &KDULV KLQUHLHQGHU Ä$EHU LFK EHJUHLIHQLFKWZLUNOLFKZDVJHVFKHKHQZLUG 3WDK XQG LFK YHUVXFKWHQ HV LKU ]X HUNOlUHQ RE VLH DOOHV YHUVWDQGHQ KDWWH ZXWHQ ZLU QLFKW $EHUQDWUOLFKKDWWHVLHOlQJVWEHJULIIHQGDHLQNOHLQHU.RQWLQHQWGHUVLFKLQV0HHUVWU]WH

DOOHMHQH9HUZVWXQJHQKHUYRUULHIYRUGHQHQZLU]XZDUQHQYHUVXFKWHQ6LHZDQGWHVLFKDQ PLFK Ä,FK ELQ KLHUKHU PLW HLQHP ZLQ]LJHQ %RRW JHVHJHOW 8QWHU GHP 'HFN VLQG PHUNZUGLJH .lVWHQXQG*ULIIH,FKYHUVWHKHVLHQLFKWDXFKODVVHQVLHVLFKQLFKWEHZHJHQ:HUGHWLKUPLU KHOIHQ" Ä6HOEVWYHUVWlQGOLFK VLFKHUWH LFK ]X 'HU /RJLNVHNWRU PHOGHWH VLFK .|QQWH HV HLQ *OHLWHU VHLQ" Ä0RUJHQ EHVFKZLFKWLJWH VLH Ä+DEW LKU 3HUJDPHQWH RGHU 3DS\ULL DXI GHQHQ GLH .VWHQ ,QVHOQXQG2UWHYHU]HLFKQHWVLQG" .RQQWHQZLU&KDULVWUDXHQVFKLHQHQ3WDK6RNDUVZDFKVDPH%OLFNH]XIUDJHQ6LHZDUYRUXQV JHUHLVWKDWWHQLFKWVDQGHUHVJHWDQDOVZLUXQGNHLQHUYRQXQVVWUHEWHQDFK0DFKWRGHUQDFK HLQHP (UIROJ GHU XQV EHJQVWLJWH :HOFKHV 5LVLNR JLQJHQ ZLU HLQ" *QVWLJVWHQIDOOV JHZDQQHQZLUQRFKHLQLJH+HOIHUXQGGD]XQHXH(UNHQQWQLVVH Ä:LU KDEHQ .DUWHQ YRQ GHQHQ GLH :HOW ZLH DXV GHP $XJH GHV $GOHUV JH]HLJW ZLUG DQWZRUWHWH LFK XQG 1HVWRU SDFNWH VHLQHQ OHGHUQHQ 6DFN DXV :LU VFKREHQ GLH 5HVWH GHU 0DKO]HLW]XU6HLWHOHJWHQ'ROFKHXQG+RO]EUHWWHUDXIGLH(QGHQGHVGQQHQVWRFNIOHFNLJHQ /HGHUVXQGGHXWHWHQDXIGLHVFKUDIILHUWHQ)OlFKHQ 0LW GHU 6SLW]H GHV 'ROFKHV ]HLJWH &KDULV LFK VDK QLFKW ]XP HUVWHQPDO GD VLH ZXQGHUVFK|QHVFKODQNH)LQJHUKDWWHRKQHMHGH7lWRZLHUXQJDXIGDV)HVWODQGLP6GHQDXI 7\UUKHQLHQXQGGDV1LOGHOWD Ä$QGLHVHQ2UWHQZDULFKEHUHLWVLFKIDQGJQVWLJH6FKLIIH'LH0HQVFKHQGRUWZLVVHQZDV JHVFKHKHQZLUG ,Q HLQHU :HOW LQ GHU IDVW MHGH 1DFKULFKW 0RQGH RGHU KDOEH -DKUH ODQJ EUDXFKWH XP YRQ bJ\SWHQQDFKEHLVSLHOVZHLVH.HIWLX]XJHODQJHQZUGHQYLHOH:DUQXQJHQYHUJHVVHQVHLQ ZHQQGDV6FKLFNVDO]XVFKOXJ'DGLH0HQVFKHQGHU%URQ]H]HLWPLWLKUHQNXU]HQ6FKZHUWHUQ .DPSIEHLOHQ 3IHLOHQ XQG 6SHHUHQ GHQ 6FKOHXGHUQ XQG LKUHQ 5RVVHJHVSDQQHQ JHJHQ GLH 8QJHKHXHU GHV 'LPHQVLRQVUHLWHUV DQNlPSIHQ NRQQWHQ ZDU DXVJHVFKORVVHQ XQG VHOEVWP|UGHULVFK ,FK OHKQWH PLFK ]XUFN VXFKWHGHQ%OLFNYRQ&KDULV GXQNOHQ$XJHQXQG VDJWHYROOHU6NHSVLV Ä'LH.VWHQDQGLHMHQH:HOOHVFKODJHQZLUGVLQGDOVRJHZDUQW9RQGLURGHUYRQXQV Ä8QGYLHOOHLFKWDXFKYRQMHQHQDQGHUHQGHQElUWLJHQ0lQQHUQLQGHQJROGHQHQ+HOPHQGLH MXQJHQ 0lQQHU LQ GHQ VFKZHUHQ 5VWXQJHQ PLW GHQ UXQGHQ 6FKLOGHQ GLH ZLU LQ GHU *URWWH JHVHKHQKDEHQ"IUDJWH&KDULVPLFKXQWHUEUHFKHQG Ä9LHOOHLFKWDXFKGDV8QGZDVVROOLQGLHVHQQHXQ]LJ7DJHQJHVFKHKHQ",QUXQGGUHL0RQGHQ" :HLWGXHLQH$QWZRUW" Ä1HLQ $EHU LQ GHQ QlFKVWHQ 7DJHQ KDEHQ ZLU JHQXJ =HLW DQWZRUWHWH VLH Ä)KOW HXFK DOV *lVWH(LQDOWHU NOXJHU0DQQKHUUVFKWEHU.LWLRQPHLQ)UHXQG(ULVWGDQNEDUGDZLULKQJHZDUQWKDEHQ Ä'DQNH'DVEHUXKLJWXQV8QGGXNDPVWPLWGHUZHLHQ%LUHPHKLHUKHU" Ä-D,FKWUDIGHQ.DSLWlQLP+DIHQYRQ0HORV Ä%HL =HXV :LH NDP HU YRQ 6WURQJK\OH QDFK 0HORV" 0LW JHEURFKHQHP 5XGHU XQG KHUXQWHUJHVFKQLWWHQHP 6HJHO" ULHI 1HVWRU ODFKHQG XQG KLHOW HLQHU 'LHQHULQ VHLQHQ OHHUHQ %HFKHUHQWJHJHQ Ä(UOLHUXGHUQODFKWH&KDULVÄ8QGHUVFKZRUHXFKELVEHUGLH6lXOHQGHV0HONDUWKLQDXV ]XYHUIROJHQ 'LHVH 0HHUHQJH EH]HLFKQHWH GLH NOHLQH 7UHQQXQJ ]ZLVFKHQ GHP ULHVLJHQ %LQQHQPHHU XQG GHP IUHLHQ 0HHU LP :HVWHQ (LQ JURVSUHFKHULVFKHU 6FKZXU GLHVHU $UW VHW]WH PHKU DOV QXU ]ZHLKHUYRUUDJHQGH6FKLIIHXQGHEHQVROFKH.DSLWlQHYRUDXV Ä(U LVW KLHU" ZROOWH 3WDK ZLVVHQ &KDULV QLFNWH XQG EHGHXWHWH GHQ 'LHQHULQQHQ GHQ 7LVFK DE]XUlXPHQÄ*UDLRVOLHVLFKYRQPLUEHU]HXJHQ7URW]GHP]lKOWHUVLFKHUQLFKW]XHXUHQ OHEHQVODQJHQ)UHXQGHQ

Ä:LUZHUGHQ VYHUVFKPHU]HQVDJWHLFKEHUXKLJWÄ$XHUGHPKDEHQZLUGLHEHVWH0DQQVFKDIW GLHVHV0HHUHV6LHNDQQQLFKWQXUVHJHOQXQGUXGHUQVRQGHUQDXFKKHUYRUUDJHQGNlPSIHQ &KDULV OlFKHOWH XQV UHLKXP DQ 'HU /lUP GHV )HVWHV GDV WURW] GHV NDOWHQ :LQGHV ELV KLHU KHUHLQGUDQJ ZXUGH ODXWHU 8QVHUH 9HUZLUUXQJ ZDU QLFKW YLHO JHULQJHU JHZRUGHQ WURW] GHU QHXHQ(UIDKUXQJHQ1HXQ]LJ7DJH=HLWGDV9HUKlQJQLVNDPQlKHUXQGZLUKDWWHQLQMHGHP JU|HUHQ+DIHQJHWDQZDVZLUNRQQWHQ Ä:LUVROOWHQ]XU5XKHJHKHQVFKOXJ&KDULVYRUÄ,KUVHLGY|OOLJVLFKHUKLHU0RUJHQVHKHQ ZLUZHLWHU Ä*XW:RLVWGLHVHVPHUNZUGLJH%RRW"ZROOWHLFKZLVVHQ Ä,P+DIHQ :LUVXFKWHQXQVHUH5lXPHDXI6LHZDUHQNOHLQDEHUVDXEHU,QGHQ.DPPHUQVWDQGHQJURH %RWWLFKHYROO ZDUPHP :DVVHU PLW VWUHQJ GXIWHQGHQ .UlXWHUHVVHQ]HQ YHUPLVFKW 6NODYHQ NDPHQ XQG PDVVLHUWHQXQVPLWgOGDVQDFK+DU]URFK,FKZDUIPHLQHQ0DQWHOXPGLH6FKXOWHUQYHUOLH GDV+DXVXQGEOLFNWHKLQXQWHUDXIGHQ+DIHQ 'HU +LPPHO ZDU YROO WUHLEHQGHU :RONHQ ]ZLVFKHQ GHQHQ GLH 6WHUQH XQG GHU 9ROOPRQG LPPHU ZLHGHU DXIWDXFKWHQ XQG YHUVFKZDQGHQ 'DV :DVVHU GHU 6HH MHQVHLWV GHU %lXPH XQG GHU )HXHU VFKLHQ HLQH UHJORVH VFKZDU]H )OlFKH ]X VHLQ 9LHOH )DFNHOQ XQG gOODPSHQ ZDUHQ DXVJHJDQJHQ1XUXQGHXWOLFKH%HZHJXQJXQGPHLVWGLHYRQVFKZDQNHQGHQ*HVWDOWHQZDU]X VHKHQ1RFKLPPHUEUDQQWHQHLQ]HOQH)HXHUXQGLKUH)ODPPHQVSLHJHOWHQVLFK]ZLVFKHQGHQ %RRWHQGHQ6FKLIIHQXQGGHP7UHLEJXWZLGHU 1HEHQGLUZLVSHUWHGDV([WUDKLUQ ,FKEUDXFKWHPLFKQLFKWXP]XGUHKHQXP]XZLVVHQGD&KDULVQHEHQPLUVWDQG,KU.|USHU URFKDXIUHJHQGQDFKgOHQRGHU+DU]HQGLHLFKQLFKWNDQQWH/HLVHVDJWHLFK Ä:DVZLUVWGXWXQZHQQDOOHVYRUEHLLVWXQGZLUQRFKOHEHQ" +LQXQGZLHGHUEHUILHOHQPLFKZLHGHUGLH*HGDQNHQDQGDVJLJDQWLVFKHIDVWQLFKW]XO|VHQGH 3UREOHPGDVYRUXQVODJ$XFKMHW]WZDUHVQLFKWDQGHUV,FK]LWWHUWHLQQHUOLFKZHQQLFKPLU YRUVWHOOWHZLHHLQH,QVHODXVGHP)LUPDPHQWKHUDEVWU]WH Ä,FKJHKH]XUFNLQPHLQZLQ]LJHV5HLFKVDJWHVLHÄ:RKLQJHKVWGX" Ä'DVZHLLFKQLFKWVDJWHLFKÄ(VLVWQRFKYLHO=HLWELV]XGHQ7DJHQGHU9HUQLFKWXQJ Ä:LUVWGX]XPLUNRPPHQ"(VLVWZDUPGRUWGHU:HLQLVWVXQGGHU*DVWGHU)UVWLQZLUG YRQDOOHQJHOLHEW ,FK]RJGLH6FKXOWHUQKRFKXQGVWDUUWHDXIGLHZHLH%LUHPHXQGXQVHU6FKLIIKLQXQWHU Ä0HLQH$QWZRUWZLUVWGXEHNRPPHQZHQQDOOHVYRUEHLLVW Ä,FKZDUWH'LH(LQODGXQJJLOWIOVWHUWH&KDULVÄ'HU1DFKWZLQGLVWNDOW :LUJLQJHQLQV+DXV]XUFNVHW]WHQXQVDQV)HXHUXQGWUDQNHQ:HLQLQNOHLQHQ6FKOXFNHQ /HLVHXQWHUKLHOWHQZLUXQVEHUDOOHVZDVXQVEHZHJWH 'HU 0RUJHQ WUPWH JHZDOWLJH )RUPDWLRQHQ YRQ :RONHQ EHU GDV 0HHU XQG GLH ,QVHO (LQ ZWHQGHU :LQG ZLUEHOWH GLH $VFKH GHU QlFKWOLFKHQ )HXHU GXUFK GLH /XIW (DUDQL GHU )UVW GLHVHUNOHLQHQ6LHGOXQJKOOWHVLFKIU|VWHOQGLQVHLQHQ)HOOPDQWHOHLQ(UEOLFNWHDXIPHUNVDP ]ZLVFKHQ &KDULV PLU *UDLRV XQG 3WDK KLQ XQG KHU XQG VDJWH GDQQ LP KDUWHQ 7RQIDOO GHQ VWDUUVLQQLJHDOWH0lQQHURIWDQVLFKKDWWHQ Ä'X *UDLRV KDVW $WODQV 6FKLII DQJHJULIIHQ (U KDW VLFK JHZHKUW REZRKO HU HXFK DOOH KlWWH W|WHQ N|QQHQ ,FK ZLOO )ULHGHQ ]ZLVFKHQ GHQ +WWHQ ,KU N|QQW HXFK QDFK GHU )OXWZHOOH DXI GHP0HHUEHNlPSIHQ Ä,FKDFKWHGLH*DVWIUHXQGVFKDIWHUZLGHUWHGHU.DSLWlQXQGIXQNHOWHPLFKDQ,FKZDUQDKH

GDUDQLKP]XVDJHQGDEDOGQDFKHU)OXWZHOOHQLHPDQGZLHGHUHWZDVYRQXQVK|UHQZUGH XQWHUOLHHVDEHU6WDWWGHVVHQPHLQWHLFK Ä9LHOOHLFKWVROOWHVWGXWURW]GHPGDEHLVHLQZHQQZLU&KDULV %RRWDXVSURELHUHQ'LH6HHLVW JHUDGHVWUPLVFKJHQXJ Ä,FK NRPPH PLW YHUVSUDFK HU :LU JLQJHQ KLQXQWHU ]XP +DIHQ XQG IDQGHQ GRUW HLQ HWZD ]ZDQ]LJ(OOHQODQJHVEUHLWJHEDXWHV%RRWPLW'UHLHFNVHJHOXQGYLHU5LHPHQGDULQ,FKNQLII GLH $XJHQ ]XVDPPHQ GHQQ DXFK GLHVHU %RRWVN|USHU ZDU LQ MHGHU ZLQ]LJHQ (LQ]HOKHLW YRQ XQJODXEOLFKHU IDVW PDVFKLQHQKDIWHU 6RUJIDOW ,FK NOHWWHUWH EHU GDV +HFN KLQHLQ HQWGHFNWH PHKUHUH .lVWHQ DXV 0HWDOO GLH PLW GHU %LOJH XQG GHP ,QQHQNLHO YHUVFKZHLW VFKLHQHQ 0KVDPXQWHUGUFNWHLFKHLQ*ULQVHQDOVLFKDP3ODW]GHV6WHXHUPDQQVHLQH$UW6FKDOWNDVWHQ VDKGHULQGLH%RUGZDQGHLQJHDUEHLWHWZDU$OVRGRFKHLQ(U]HXJQLVYRQ(6GHVVHQZDKUH 1DWXU&KDULVQLFKWKDWWHHQWGHFNHQVROOHQ Ä+HOIW PLU ULHI LFK HLQLJHQ XQVHUHU 0lQQHU ]X :LU VFKREHQ GDV %RRW LQ GDV :DVVHU GHV +DIHQVGDVYLHOUX KLJHUZDUDOVGLHNRFKHQGH6HHMHQVHLWVGHUNOHLQHQ0ROH&KDULVVHW]WHVLFKQHEHQGHQ0DVW 'HU .RPPDQGDQW SUIWH GLH 7DXH GLH GDV 6HJHO KLHOWHQ 3WDK XQG 1HVWRU NDPHQ KHUEHLJHUDQQWZLQNWHQXQGVFKULHQGDVLHPLWJHQRPPHQZHUGHQZROOWHQ,FKVFKZDQJPLFK DQV5XGHUXQGEHZHJWHSUIHQGGLHK|O]HUQH+HEHOYHUOlQJHUXQJ 1HVWRU XQG 3WDK VHW]WHQ ]ZHL 5LHPHQ HLQ XQG VFKREHQ GDV GXQNHOEUDXQH OHLFKWH %RRW LQV :DVVHU ,FKNODSSWHGHQ9HUVFKOXHWZDYLHU+lQGHJURKHUXQWHU,FKNLSSWHGHQHUVWHQGHU6FKDOWHU XQGXQWHUXQVHUHQ)HQILQJGDV+RO]ZDUHV+RO]"]XYLEULHUHQDQ(LQ+HEHOPLWHLQHU .XJHO GDUDXI OLH VLFK EHZHJHQ 6DQIW UXFNWH GDV %RRW DQ XQG JOLWW PLW K|KHU ZHUGHQGHQ %XJZHOOHGXUFKV:DVVHU'DJOHLFK]HLWLJ*UDLRVYHUVXFKWHGDV6HJHOKRFK]X]LHKHQVFKLHQHV QRFK DOV WUHLEH XQV GHU :LQG ,FK VFKRE GHQ +HEHO LQ HLQH DQGHUH 3RVLWLRQ XQVHUH *HVFKZLQGLJNHLWQDKP]X,FKKLHOWGDV5XGHUXQGIKUWHHLQLJHVFKDUIH0DQ|YHUDXV=ZHL /DPSHQJOKWHQLP,QQHUQGHV6FKDOWNDVWHQV 'LHVHU*OHLWHUNDQQHXFKDQDOOH6FKDXSOlW]HEULQJHQIOVWHUWHGHU/RJLNVHNWRUDXIIRUGHUQG 3WDKEHREDFKWHWHPLFKVFKZHLJHQGXQGKLHOWVLFKIHVW(UDKQWHZDVNRPPHQZUGH *UDLRVVFKULHDXIDOVGLHNOHLQH5DKKHUXPVFKZDQJXQGLKQDQGHU6FKXOWHUWUDI Ä+H:DVLVWGDV":LUIDKUHQJHJHQGHQ:LQG Ä*OHLFKZHUGHQZLUJHJHQGLH:HOOHQIDKUHQJDELFKODXW]XUFNVFKREGHQ+HEHOZHLWHU YRU XQG OLH GDV %RRW VFKQHOOHU ZHUGHQ (V VSUDQJ NUDFKHQG XQG GU|KQHQG LQ ULHVLJHQ *LVFKWZRONHQYRQ:HOOHQNDPP]X:HOOHQNDPP3WDKEHJDQQVFKDOOHQG]XODFKHQREZRKO LKP GDV :DVVHU LQV *HVLFKW VSULW]WH &KDULV NDXHUWH VLFK LQ GHQ 6FKXW] GHV 6HJHOV 'DQQ EHZHJWH LFK GHQ QlFKVWHQ .RQWDNW XQG OLH GDV %RRW K|KHU VFKZHEHQ 'HU ZWHQGH 5HJHQ YRQYRUQK|UWHVFKODJDUWLJDXI ,FKHUK|KWHDEHUPDOVGLH*HVFKZLQGLJNHLWXQGEHVFKULHEPLWGHP%RRW*OHLWHUHLQHQZHLWHQ %RJHQEHUGHQ:HOOHQGHU%XFKW Ä9HUVWHKVWGXMHW]W*UDLRVULHILFKÄZLHVFKZHUHVLVWXQV]XEHVLHJHQ/DHVVHLQ0DFKHQ ZLUOLHEHUPLWHLQDQGHUGDV0HHUXQVLFKHU Ä'DVVFKHLQWPLUDXFKEHVVHU]XVHLQ9RUDOOHPVLFKHUHU 'LH ZHQLJHQ ,QVHOEHZRKQHU GLH XQV ]XVDKHQ VWDQGHQ ZLH HUVWDUUW GD ,FK MDJWH GHQ *OHLWHU NQDSSEHUGHP:DVVHUDXIGDV8IHU]XEUHPVWHVFKDUIDEXQGODQGHWHQHEHQGHU&+$5,6 *UDLRVVWLHJPLW]LWWHUQGHQ.QLHQXQGEOHLFKHP*HVLFKWLQGHQQDVVHQ6DQG Ä$ODVKLDV %HY|ONHUXQJ ZLUG VLFK ODQJH DQ GLHVH VHOWVDPH )DKUW HULQQHUQ PXUPHOWH LFK Ä+RIIHQWOLFKYHUJHVVHQVLHGDUEHUQLFKWXQVHUH:DUQXQJHQ Ä$OOHVZDVJHVFKLHKWZLUGQXULQ(U]lKOXQJHQZHLWHUJHJHEHQHUNOlUWH&KDULVXQGWURFNQHWH LKU*HVLFKWPLWGHP0DQWHOÄ1XUZHQLJH0HQVFKHQN|QQHQVFKUHLEHQ8QGZLHVROOWHQVLH DXFKEHVFKUHLEHQZDVVLHHEHQJHVHKHQKDEHQ" $XVJHUXKW HLQLJH DOOHUGLQJV QRFK PLW GHQ 6SXUHQ UHLFKOLFK JHWUXQNHQHQ :HLQHV HLQLJH

DQGHUHPLW0lGFKHQLQGHQ$UPHQNDPHQXQVHUH0lQQHU]XVDPPHQ:LUZDUHQGXUFKGLH 7DJHXQVHUHU5HLVHQ]XGLHVHP5K\WKPXVJHNRPPHQ$EHUKHXWHJDEHVNHLQH.RPPDQGRV XQGNHLQHQUDVFKHQ$XIEUXFKLP0RUJHQJUDXHQ:WHQG]HUUWHGHU6WXUPDQXQV Ä:LHODQJHEOHLEHQZLU$WODQ"ZXUGHLFKJHIUDJW,FKVFKDXWH&KDULVDQ6LHKREGHQ$UP XQGULHI Ä6RODQJHZLHHVHXFKJHIlOOW:LUKDEHQQRFKGUHL0RQGHODQJ]XZDUWHQXQGEDOGZLUGVLFK GDV:HWWHUlQGHUQ /DQJVDPJLQJHQZLUZLHGHUKLQDXILQGDV+DXVLQGHP&KDULVXQGZLUGUHLZRKQWHQ=ZDU JDE HV LQ GLHVHQ 7HLOHQ GHV %LQQHQPHHUV NHLQHQ HFKWHQ :LQWHU 6R JXW ZLH QLHPDOV ILHO 6FKQHH$EHUHVNRQQWHGXUFKDXV VHLQGDGLH7HPSHUDWXUXQWHUGHQ3XQNWILHODQGHP:DVVHUJHIURU)UGLH.VWHQXQGGLH ,QVHOQZDUGLHVHU7HLOGHV-DKUHVGLH=HLWGHV5HJHQVGHU6WUPHXQGHLQHUHUVWHQ6FKHLQEOWH PDQFKHU3IODQ]HQ ,QGLHVHP0RPHQWVDJWH3WDKHWZDVGDVPLFKQDFKGHQNOLFKPDFKWH Ä$XHUGHP LVW HV P|JOLFK GD GLHVH P|UGHULVFKH ,QVHO VLFK DQ HLQHP DQGHUHQ 7DJ DXI XQV VWU]W (VLVWXQZDKUVFKHLQOLFKDEHUVHOEVW(6YHUPDJVLFK]XLUUHQNRPPHQWLHUWHGHU/RJLNVHNWRU Ä:LUVROOWHQLQHLQLJHQ7DJHQPLWGHLQHP%RRWDXIEUHFKHQVFKOXJLFKYRUDOVZLUZLHGHUDP ZlUPHQGHQ )HXHU VDHQ ÄXQG GLH .VWHQ GHU 3KRLQLNHU ZDUQHQ 6LGRQ %\EORV XQG GLH DQGHUHQNOHLQHQ+lIHQ Ä(LQYHUVWDQGHQ(LQVLQQYROOHV8QWHUQHKPHQIUHLQHNOHLQH0DQQVFKDIW 8QG VR YHUIXKUHQ ZLU DXFK 3WDK6RNDU XQG &KDULV 1HVWRU XQG *UDLRV GLH VLFK HLQPDO ]XVDPPHQ EHWUDQNHQ XQG DP QlFKVWHQ 0RUJHQ GLH EHVWHQ )UHXQGH ZDUHQ LFK XQG 3HUVHV EHPDQQWHQGDV%RRWUVWHWHQHVPLW1DKUXQJVPLWWHOYRUUlWHQXQGXQVHUHQJHWDUQWHQ:DIIHQ DXVXQGYHUOLHHQIUHLQLJH7DJHGHQJDVWOLFKHQ+DIHQ 6FKOLHOLFK QlKHUWH VLFK GHU $XJHQEOLFN DXI GHQ ZLU ZDUWHWHQ XQG YRU GHP ZLU XQV DOOH IUFKWHWHQ 6HLW 7DJHQ EHREDFKWHWHQ ZLU HLQDQGHU DEZHFKVHOQG GHQ QlFKWOLFKHQ +LPPHO %LVKHU KDWWH ZHGHUHLQULHVLJHU6FKDWWHQGLH6WHUQHYHUGXQNHOWQRFKZDUHQ%OLW]H0HWHRULWHQVSXUHQRGHU DQGHUH(UVFKHLQXQJHQDXIJHWUHWHQ1RFKYLHUPDOYLHUXQG]ZDQ]LJ6WXQGHQELV]XP9ROOPRQG ELV ]X GHU 1DFKW LQ GHU GLH 6FKHLEH GHV 0RQGHV YROONRPPHQ UXQG VHLQ ZUGH :LU O|VWHQ HLQDQGHUDELQGHQ7DJHQXQGLQGHQ1lFKWHQ Ä:HQQ ZLU QXU HLQ ZHQLJ *OFN JHKDEW KDEHQ VDJWH LFK ]X &KDULV ÄVWDUUHQ MHW]W YLHOH KXQGHUWWDXVHQG0HQVFKHQHEHQVRLQGHQ+LPPHO Ä+RIIHQWOLFK KDW NHLQHU YRQ LKQHQ XQVHUH :DUQXQJHQ YHUJHVVHQ +RIIHQWOLFK IOVWHUWH GLH MXQJH)UDX Ä:LU N|QQHQ XQV QLFKWV YRUZHUIHQ :LU KDEHQ DOV 2UDNHOERWHQ DOOHV JHWDQ ZDV LQ XQVHUHU 0DFKWVWDQGJDELFK]XEHGHQNHQ (LQH VFKZHUH 7UXKH GHU &+$5,6 ZDU JH|IIQHW ZRUGHQ )QI .XJHOQ MHGH VR JUR ZLH HLQ .LQGHUNRSI ZLFNHOWHQ ZLU DXV GHU ZHLFKHQ 8PKOOXQJ 'LH .XJHOQ EHVDHQ YHUVFKLHGHQH /LQVHQV\VWHPH HLQHQ 6FKZHEHPHFKDQLVPXV XQG VDKHQ DXV ZLH VFKZDU]H $XJlSIHO PLW VWDUUHQ )RUWVlW]HQ 1DFKGHP GLH .XJHOQ DNWLYLHUW ZRUGHQ ZDUHQ VFKZHEWHQ VLH LQ IQI YHUVFKLHGHQH 5LFKWXQJHQ GDYRQ 1DFK XQVHUHQ ,QIRUPDWLRQHQ ZUGHQ VLH GLH JLJDQWLVFKH 0DVVH GHV (LQGULQJOLQJV RUWHQ LQ VLFKHUHP $EVWDQG EOHLEHQ XQG GLH 9RUJlQJH VRZHLW VLFKWEDU DXIQHKPHQ 'HU ,QQHQWHLO GHU 7UXKH ZDU DOV HLQIDFKHU %LOGVFKLUP DXVJHELOGHW %LV MHW]WKDWWHDXFKNHLQHVGHU$XJHQVLFKJHPHOGHW

-HGHUYRQXQVHLQVFKOLHOLFKGHU5XGHUHUXQGDOOHU%HZRKQHUGHU,QVHOEHIDQGVLFKLQKDVWLJ DXIJHVFKODJHQHQ+WWHQXQG+|KOHQDXIGHPK|FKVWHQ3XQNWGHU,QVHO$ODVKLD1DFKYLHOHQ NOHLQHQ5HLVHQLP*OHLWHU ZDUHQZLULQGHQJDVWIUHXQGOLFKHQ+DIHQGHV(DUDQL]XUFNJHNHKUW Ä:DQQNRPPWGLHVHV)UHPGH"NQXUUWH3WDK6RNDU:LUIURUHQWURW]GHUORGHUQGHQ)HXHU 'HU:LQGZDUVFKQHLGHQGXQGJLQJLQXQUHJHOPlLJHQ6W|HQ Ä,FK KRIIH HU NRPPW QLH GHU )HOVHQ DXV GHQ 6WHUQHQ JDE 1HVWRU ]XUFN :LU ZDUWHWHQ ZHLWHU :LU IKOWHQ XQV KDOE NUDQN YRU $QVSDQQXQJ 'DV :DUWHQ ]HUUWH DQ XQVHUHQ 1HUYHQ XQG QRFK PHKU PDFKWH XQV XQVHUH HLJHQH 3KDQWDVLH ]X VFKDIIHQ 'LH &+$5,6 PLW DOOHQ XQVHUHQ :DIIHQ DXFK VLH ZUGHQ NDXP HWZDV DXVULFKWHQ N|QQHQ XQG GHU *OHLWHU ODJHQ EHUHLWDXV]XODXIHQRGHU]XVWDUWHQ Ä(UZLUGNRPPHQYHUVLFKHUWHLFKÄ1LFKWVLVWVRVLFKHUZLHHLQ9HUKlQJQLV 8QDEOlVVLJEHREDFKWHWHQZLUZlKUHQGDOOHDQGHUHQ]XVFKODIHQYHUVXFKWHQGHQ+LPPHO'HU 0RQGHLQXQUHJHOPlLJDXVJHIOOWHU.UHLVEHVFKULHEVHLQHQ:HJ]ZLVFKHQGHQ6WHUQHQXQG GHQ 1DFKWZRONHQ ,UJHQGZR EHU GHP VGOLFKHQ )HVWODQG HQWOXG VLFK HLQ *HZLWWHU GDV ZLU QXUDOV:HWWHUOHXFKWHQZDKUQHKPHQNRQQWHQ'LH1DFKWJLQJYRUEHLGHU0RUJHQGlPPHUWH ZLUZXUGHQDEJHO|VW(6KDWWHXQVHLQHLQIDFKHVDEHUVFKDUIHV)HUQURKUPLWJHJHEHQGDVZLU HUVWMHW]WDXIJHVWHOOWKDWWHQ3HUVHVXQG0HURSVO|VWHQ&KDULVXQGPLFKDE:LHGHUYHUJLQJHLQ 7DJ'LH6WXQGHQGHKQWHQVLFKLQV8QHQGOLFKH'LHQlFKVWH1DFKW8QVHUH0lJHQVWUHLNWHQ ZLU WUDQNHQ YLHO ]XYLHO :HLQ XQG NRQQWHQ QLFKWV HVVHQ *HUHL]WKHLW PDFKWH VLFK EUHLW ZLU IXKUHQHLQDQGHUEHLGHUJHULQJVWHQ.OHLQLJNHLWDQ'LH.OJHUHQYRQXQVYHUOLHHQGLH)HXHU XQGVHW]WHQXQVDEVHLWVXQWHUHLQHQ2OLYHQEDXPRGHUDXIHLQHQQDVVHQ)HOVHQ ,UJHQGZDQQ LQ GHU 1DFKW GHV 9ROOPRQGV VWDSIWH 3WDK6RNDU ]X XQV KHUDQ XQG VDJWH LQ XQQDWUOLFKUXKLJHP7RQ Ä'HU)UHPGOLQJLVWGD :LUVSUDQJHQDXI6FKODJDUWLJYHUJLQJXQVHUH8QUX KH$OVZLUXQWHUGHP%DXPKHUYRUNDPHQK|UWHQZLUEHUHLWVGDVDXIJHUHJWH0XUPHOQHLQHU WDXVHQGN|SILJHQ0HQJH3WDKGHXWHWHDXIHLQH6WHOOHGHV)LUPDPHQWV1XUGHU+RUL]RQWZDU QHEOLJRGHUZRONHQEHGHFNW Ä'RUW (LQH VFKZDU]H 0DVVH VFKZDU] ZLH GDV $OO YHUGHFNWH GLH 6WHUQH 'LH 0HQJH GHU *HVWLUQH HQWVSUDFKHWZDGHU)OlFKHHLQHUKDOEHQ+DQGGLHLFKDXVJHVWUHFNWYRUGLH6WHUQHKLHOW(VJDE NHLQH *HUlXVFKH XQG NHLQHUOHL RSWLVFKH (UVFKHLQXQJHQ -HQHU IUHPGH *HJHQVWDQG EHZHJWH VLFKODQJVDPYRQ:HVWQDFK2VW+LQWHULKPHUVFKLHQHQGLH6WHUQHZLHGHUZlKUHQGVLHYRU LKPYHUVFKZDQGHQ:LUVWDUUWHQJHEDQQWGDUDXI Ä:LHZHLWLVWGHU.RORZHJ"IUDJWH1HVWRU Ä,FK ZHL HV QLFKW ,FK NHQQH GLH ZLUNOLFKH *U|H QLFKW VDJWH LFK Ä(V VLQG QRFK HWZD VHFKVVLHEHQ6WXQGHQELVHVKHOOZLUG 3HUVHVXQG0HURSVVFKOHSSWHQGLH.LVWHKHUEHL6LHVWHOOWHQVLHYRUXQVDXIXQGNODSSWHQGHQ 'HFNHODXI,FKDNWLYLHUWHDOOHIQIhEHUWUDJXQJVNDQlOHXQGZDUWHWH(VVFKLHQPLUDOVREVLFK GLH 0DVVH GHV (LQGULQJOLQJV YHUJU|HUWH 'DV NRQQWH QXU EHGHXWHQ GD HU QlKHU NDP XQG WLHIHUDEVDQN $EHUPDOVZDUWHQ(VJDENHLQHDQGHUH0|JOLFKNHLW:LUYHUIROJWHQGHQODXWORVHQ)OXJMHQHU 0DVVHYRQ:HVWQDFK2VWXQGPHUNWHQGDVLHQRUGZHVWOLFKYRQXQVVWHKHQEOLHE,FKULHI Ä'HQGUR(LQH/DPSHRGHUHLQ)DFNHO,FKEUDXFKHXQVHUH.DUWH1HVWRU $XJHQEOLFNHVSlWHUKDWWHLFKGLH.DUWHDXIGLH7UXKHJHOHJWXQGEHQXW]WHGLH6FKQHLGHPHLQHV 'ROFKHV GD]X GLH 5LFKWXQJ ]X EHVWLPPHQ 1HEHQ PLU PXUPHOWHQ 3WDK XQG 1HVWRU IDVW JOHLFK]HLWLJ Ä.HIWLX6WURQJK\OH5KRGRV,UJHQGZRGRUWVFKZHEWGLHVHVVWHLQHUQH8QJHKHXHU Ä)DKUHQZLU"+LQXQWHU]XP+DIHQ" Ä1RFKQLFKW:DUWHQZLUDXIGDVHUVWH/LFKW

'HU)UHPGHYHUlQGHUWHZHGHUVHLQH*U|HQRFKVHLQHQ6WDQGRUW:LUEOLHEHQQLFKWODQJHLP 8QJHZLVVHQ GDUEHU ZDV ZLU XQWHUQHKPHQ VROOWHQ %HLP HUVWHQ 6FKLPPHU GHU +HOOLJNHLW VHQGHWHQQDFKHLQDQGHUGLHÄ$XJHQLKUH%LOGHU:LUVDKHQHLQHQ)HOVHQGHUbKQOLFKNHLWPLW HLQHP LQV *LJDQWLVFKH YHUJU|HUWHQ )DXVWNHLO KDWWH 'LH 6SLW]H GHXWHWH JHQDX DXI GLH 2SWLN HLQHV $XJHV hEHU GHP )HOVHQ PLW VHLQHQ 6FKUXQGHQ XQG 6FKDWWHQ VSDQQWH VLFK HLQ (QHUJLHVFKLUP HLQH XQGXUFKVLFKWLJH %ODVH GLH PLW GHU REHUVWHQ .DQWH DEVFKOR ,Q GHQ )HOVHQ NRQQWHQ ZLU ZHGHU +|KOHQ QRFK (LQULFKWXQJHQ HUNHQQHQ GLH DXI GLH )RUWEHZHJXQJ GLHVHV'LPHQVLRQVUHLWHUVVFKOLHHQODVVHQNRQQWHQ (LQHV GHU $XJHQ VFKZHQNWH KHUXP :LU VDKHQ QDFKHLQDQGHU GLH GXQNOHQ 6LOKRXHWWHQ GUHLHU ,QVHOQ (VVLQGWDWVlFKOLFK0HORV6WURQJK\OHXQG.HIWLXVDJWHGHXWOLFKGHU/RJLNVHNWRU 1DFKHLQDQGHUULHIHQZLUGLH%LOGHUDE:LUVDKHQ 'LH,QVHOQWUDWHQGHXWOLFKHUDXVGHP0RUJHQGXQVWKHUYRU'HU6FKDWWHQGHQGHUVFKZHEHQGH )HOVHQZDUIODJ]XU+lOIWHEHU6WURQJK\OH'LH6RQQHQVWUDKOHQWUDIHQZDDJUHFKWDEHUYROO DXI GHQ 'LPHQVLRQVIDKUVWXKO $OV LFK PLFK XPGUHKWH VDK LFK DOOH XQVHUH )UHXQGH LQ HLQHU *UXSSH XP XQV KHUXPVWHKHQ ,KUH *HVLFKWHU GUFNWHQ QLFKWV DQGHUHV DXV DOV 6SDQQXQJ (QWVFKORVVHQKHLWXQG:XW'DVODVWHQGH:DUWHQZDUYRUEHLLUJHQGHLQH(QWVFKHLGXQJVWDQG IUXQVEHYRU)DVWDOOH$XJHQKHIWHWHQVLFKDXIGLH%LOGHUGLHVLFKVWlQGLJYHUlQGHUWHQDEHU LPPHU GDVVHOEH ]HLJWHQ 'LH ,QVHOQ GHQ )UHPGHQ HLQHQ $XVVFKQLWW GHV 0HHUHV GDV PlLJ EHZHJW ZDU GHQ 1HEHO GHU VLFK XQWHU GHP (LQIOX GHU ZDUPHQ 0RUJHQVRQQH DXI]XO|VHQ EHJDQQHLQ)LVFKHUERRWGLH*LVFKWDQGHQ)HOVHQODXWHUYHUWUDXWH%LOGHU$XVJHQRPPHQGLH VFKZHLJHQGH GURKHQGH $QZHVHQKHLW GHU )HOVHQPDVVH GLH VLFK QXQ XQPHUNOLFK ODQJVDP ]X VHQNHQEHJDQQ (VZLUG=HLW$UNRQLGHVDJWHGHU/RJLNVHNWRU0LU ZlUHHVOLHEHUJHZHVHQZHQQ(6HLQLJHHLQGHXWLJH%HIHKOHJHJHEHQKlWWH ,FKVWDQGDXIXQGVDJWH Ä'DV LVW XQVHUH 6WXQGH )UHXQGH 3WDK XQG &KDULV *UDLRV LFK XQG 1HVWRU EOHLEW EHL XQVHUHP6FKLII(DUDQL":LOOVWGXPLWXQVNRPPHQ" Ä,FKEOHLEHEHLPHLQHP9RONVDJWHGHU$OWHHQWVFKORVVHQ Ä/RV1DFK.HIWLX 'LH )OXWZHOOH ZUGHQ ZLU QLFKW YHUKLQGHUQ N|QQHQ $EHU YLHOOHLFKW IDQGHQ ZLU HLQH 0|JOLFKNHLWKHUDXVJHJHQGLH8QJHKHXHU]XNlPSIHQ :LU UDQQWHQ ]XP +DIHQ KLQXQWHU HV GDXHUWH PHKU DOV HLQH KDOEH 6WXQGH (LQLJH 5XGHUHU VFKOHSSWHQ GLH OHHUH 7UXKH $E XQG ]X ZDUI LFK HLQHQ %OLFN DXI GLH %LOGVFKLUPH 'LH $EZlUWVEHZHJXQJ GHU )HOVHQPDVVH KLHOW DQ XQG ZXUGH VFKQHOOHU :LU UDQQWHQ ZHLWHU (LQH XQQDWUOLFKH+DVWEHUNDPXQVHLQHHLVLJH:XWSDFNWHHLQHQMHGHQYRQXQVXQGVFKZHPPWH MHGHYHUQQIWLJHhEHUOHJXQJGDYRQ,FKKLHOW&KDULV +DQGXQGULGLH)UDXPLWPLUGHQ+DQJ KLQXQWHU'LH6WUDKOHQGHU0RUJHQVRQQHHUUHLFKWHQXQVEOHQGHWHQXQVXQGHU]HXJWHQ0XVWHU DXV +HOOLJNHLW XQG 6FKDWWHQ DOV ZLU DQ GHQ %lXPHQ XQG +lXVHUQ YRUEHLVWREHQ (LQ QHXHU %OLFN DXI GLH %LOGVFKLUPH (LQ $XJH QlKHUWH VLFK GHU )HOVPDVVH ZXUGH KHUDQJHULVVHQ GLH )HOVHQ PLW LKUHQ 6SDOWHQ DXV GHQHQ 6WHLQODZLQHQ XQG ODQJH 6SOLWWHU VLFK O|VWHQ XQG UXQG ]ZHLWDXVHQG 0DQQVOlQJHQ WLHI LQ GLH 6HH SUDVVHOWHQ NDPHQ UDVHQG VFKQHOO QlKHU 'DQQ ]HUVFKHOOWHGDV$XJHDQGHP*HVWHLQ ,FKSDFNWH&KDULVXQWHUGHU6FKXOWHUXQGZLUEHOWHVLHPLWPLU]XP+DIHQDEZlUWV'LHHUVWHQ 0lQQHU ZDUHQ EHUHLWV LP 6FKLII XQG NPPHUWHQ VLFK XP 5LHPHQ XQG 6HJHO 3WDK HUUHLFKWH GHQJHWDUQWHQ*OHLWHU:LHGHUHUORVFKHLQ%LOGVFKLUP(LQDQGHUHU]HLJWHLQGLHVHP0RPHQW GLH5DXFKIDKQHGHV9XONDQVDXI6WURQJK\OH6LHZDUVFKZDU]ODQJJH]RJHQXQGZHKWHQDFK 6GRVWHQ (V KHUUVFKWH DOVR 1RUGZHVWZLQG 'LH 0lQQHU VSUDQJHQ LQV 6FKLII ,FK KRE &KDULV LQ GHQ *OHLWHUZDUIHLQHQODQJHQ%OLFNLQGLH5XQGHKREGHQ$UPXQGVHQNWHLKQZLHGHU Ä/RV1DFK6WURQJK\OHXQG.HIWLX1HVWRUGHQNHEHL3RVHLGRQXQGDOOHQVHLQHQ:HOOHQDQ

GLH5LHVHQZRJH 1DWUOLFKZUGHGLH:RJHKLHUYRUGHU,QVHOLKUHJU|WH.UDIWOlQJVWYHUORUHQKDEHQZDVHLQ 6FKLII PLW HLQHU JXWHQ %HVDW]XQJ EHWUDI :HQQ VLH GDV /DQG WUDI ZUGH VLH LKUH =HUVW|UXQJVNUDIWZLHGHUQHXHUUHLFKHQ Ä,FK GHQNH XQXQWHUEURFKHQ GDUDQ VFKULH HU ]XUFN XQG GDQQ VWDUWHWHQ EHLGH %RRWH 'LH 5LHPHQEHZHJWHQVLFKLP7DNWGDV6HJHOIOOWHVLFKKDOEXQGGDVNOHLQH%RRWVWDUWHWH,FK KREHVVFKQHOODEOLHHVVWHLJHQXQGVWHOOWHGLHlXHUVWH*HVFKZLQGLJNHLWHLQ:LUGXFNWHQ XQVKLQWHUGDV6FKDQ]NOHLGXQGVDKHQXQVHUH:DIIHQXQGGLH$XVUVWXQJGXUFK1HXH%LOGHU HUVFKLHQHQDXIGHQEULJJHEOLHEHQHQ6FKLUPHQ 'HUULHVLJH)DXVWNHLOILHOLQJOHLFKEOHLEHQGVFKQHOOHU%HZHJXQJ:HQQHUHLQWDXFKWHHQWVWDQG GLH)OXWZHOOH0HLQH3KDQWDVLHUHLFKWHQLFKWDXVPLUGLHVHQ9RUJDQJYRU]XVWHOOHQ 8QQ|WLJ'XZLUVWHVPLWHUOHEHQZLVSHUWHGHU/RJLNVHNWRU 6RZDUHV,Q]ZLVFKHQVFKZHEWHQZLUPLWGHUGUHLIDFKHQ*HVFKZLQGLJNHLWHLQHU0|ZHQDFK :HVWHQ *HQDX LQ GLHVHU 5LFKWXQJ ODJHQ .HIWLX XQG GLH YXONDQLVFKH ,QVHO 6WURQJK\OH -HW]W EHZHJWHQZLUXQVLQHLQHU+|KHYRQVFKlW]XQJVZHLVHGUHLKXQGHUW0DQQVOlQJHQ,QZHQLJHQ 6WXQGHQNRQQWHQZLUXQPLWWHOEDUYRUGHP2VWNDS.HIWLXVVHLQ Ä:DV ZLUVW GX WXQ $WODQ" VFKULH *UDLRV 'HU )DKUWZLQG ZLQVHOWH XQG KHXOWH &KDULV VD QHEHQPLUXQGEOLFNWHXQHQWZHJWDXIGLHYHUEOLHEHQHQ%LOGVFKLUPH Ä(VHQWVFKHLGHWVLFKDQ2UWXQG6WHOOH 'DV0DQ|YHUGHU6WHLQPDVVHQlKHUWHVLFKVHLQHP (QGH:LUVDKHQHVDOVREZLUQXUHLQ'XW]HQG%RJHQVFKVVHQHLQYLHOZHLWHUHQWIHUQW ZlUHQ'DQQVDKHQZLUYROOHU(QWVHW]HQZLHVLFKGHUVSLW]H7HLOGHV(LQGULQJOLQJVODXWORVDXI GLH(EHQHYRQ6WURQJK\OHVHQNWHGHQ+DIHQELQQHQZHQLJHU$XJHQEOLFNHDXVIOOWHXQGMHGHV %DXZHUN]HUPDOPWH(LQHNOHLQH:HOOH]HUVWlXEHQGLQ6FKDXPXQGULHVLJH6SULW]HUZLVFKWH GLH 7UPPHU QDFK DOOHQ 5LFKWXQJHQ ]XU 6HLWH 'LH +DXSWPDVVH GHV 'LPHQVLRQVIDKUVWXKOV EHUKUWH GDV 0HHU VDQN HLQ GDV :DVVHU VWLHJ UDVHQG VFKQHOO DQ GHQ )HOVZlQGHQ DXIZlUWV ZXUGH]XU6HLWHJHGUlQJWXQGGDQQK|UWHGLH%HZHJXQJDXI Ä1HLQ1LFKWGDVVW|KQWH&KDULV 8QGHXWOLFK NDP .HI WLX YRU XQV LQ 6LFKW 0HLQ %OLFN ZDQGHUWH EHU GLH 6FKLUPH GLH QRFK IXQNWLRQLHUWHQ'DV%LOGZDUQLFKWJU|HUDOVHLQH+DQGIOlFKHDEHUHV]HLJWHGDV*HVFKHKHQ IDVWLQGHUWRWDOHQ6LFKW:LHHLQ6WHLQEURFNHQGHULQHLQHQ7HLFKIlOOWVDQNGHU)UHPGHHLQ NDP ]XU 5XKH XQG HU]HXJWH HLQH :HOOH 6LH ZDU QLFKW ZHQLJHU KRFK DOV IQI]LJ VLHE]LJ 0lQQHU6LHEUHLWHWHVLFKUDVHQGVFKQHOOQDFKDOOHQ6HLWHQDXVQLFKWQXUEHUGDV/DQGYRQ 6WURQJK\OH $EHUGDQQEHEWHQGLH%LOGHU 'DV *HZLFKW GUFNWH HLQHQ 7HLO GHU ,QVHO LQV 0HHU KLQHLQ .OIWH EUDFKHQ XQWHU GHU 2EHUIOlFKH DXI (LQLJH +HU]VFKOlJH VSlWHU ]HUIHW]WH GLH :XFKW GHV DXVEUHFKHQGHQ 9XONDQV GLHJHVDPWH,QVHO 'LH 0DJPDNDPPHU XQWHU GHU ,QVHO OHHUWH VLFK LQ HLQHU JLJDQWLVFKHQ 'HWRQDWLRQ ELQQHQ ZHQLJHU 0RPHQWH (LQH JHZDOWLJH 0HQJH :DVVHU GUDQJ HLQ YHUVFKPRO] PLW GHP IOVVLJHQ ZHLJOKHQGHQ(UGLQQHUQXQGELOGHWH'DPSIYHUJU|HUWHVFKODJDUWLJLKUH2EHUIOlFKHZLUNWH QDFKDOOHQ6HLWHQ 'LH ULHVLJH +|KOH XQWHU GHQ 5HVWHQ GHU ,QVHO IOOWHVLFKPLW:DVVHUQDFKGHPLKUH]HUIHW]WH 'HFNH QLHGHUJHEURFKHQ ZDU 'DV :DVVHU GDV DXI GHQ ZHLJOKHQGHQ %RGHQ PLW XQYRUVWHOOEDUHU:XFKWDXIWUDIZXUGH ]XUFNJHVFKOHXGHUW'HUHUVWHQ)OXWZHOOHIROJWHHLQH]ZHLWHVHKUYLHOK|KHUH $EHUGDVNRQQWHQZLUQLFKWPHKUVHKHQ$OOH%LOGVFKLUPH]HLJWHQQXUQRFK%OLW]HZLUEHOQGH %URFNHQNRFKHQGHQ'DPSIJHZDOWLJH)HXHUVlXOHQ6WU|PHYRQDXVJHVWRHQHP*HVWHLQXQG ULHVLJH :RONHQ YRQ $VFKH XQG 6DQG 'LH $XJHQ GLH LQ GHQ %HUHLFK GHV ,QIHUQRV JHULHWHQ ZXUGHQ]HUVW|UW $OVGHUOHW]WH%LOGVFKLUPDXIIODFNHUWHXQGGDQQJUDXZXUGHNLSSWHLFKGLHOHHUH7UXKHEHU

%RUG :LU NRQQWHQ GDV ,QIHUQR PLW EORHP $XJH VHKHQ :LU VDKHQ DXFK ]XP 7HLO ZDV GLH YHUQLFKWHWH ,QVHO GLH PHLQHQ 1DPHQ JHWUDJHQ KDWWH GHP %LQQHQPHHU XQG VHLQHQ .VWHQ DQWDW'HU'LPHQVLRQVUHLWHUZDUXQZLFKWLJJHZRUGHQ:LUVDKHQQLFKWHLQHVGHU8QJHKHXHU GLHKHUYRUVWU|PHQVROOWHQ'HU([WUDVLQQVDJWHHQWVFKLHGHQ 'LHVHQ8PVWDQGKDW(6QLFKWEHUFNVLFKWLJHQN|QQHQ 67521*+

'DV %HEHQ XQG GDV XQWHULUGLVFKH *UROOHQ JHIROJW YRQ GHU 6FKDOOZHOOHQIURQW GHU GHWRQLHUHQGHQ ,QVHO HUUHLFKWHQ QLFKW QXU .(26 VRQGHUQ DXFK NOHLQHUH ,QVHOQ YRQ GHQHQ HLQLJHQDPHQORVZDUHQXQGQXUZHQLJH0HQVFKHQPLWLKUHQ+HUGHQEHKHUEHUJWHQ*OXWZHOOHQ VHW]WHQ %XVFKZHUN XQG %lXPH LQ %UDQG $XV GHU :RONH GLH VLFK VFKUlJ QDFK 6GRVWHQ EHZHJWHXQGQRFKLPPHUJU|HUZXUGHUHJQHWHHV6FKODPPXQGDEHUPDOV %LPVVWHLQ.OHLQHUH%URFNHQWHLOZHLVHHUNDOWHWHUWHLOZHLVHNRFKHQGKHLHU/DYDUHJQHWHQZLH =HXV *HVFKRVVHDXIGLH,QVHOKHUXQWHU 7DXVHQGH XQG DEHU 7DXVHQGH +lXVHU LQ GHUHQ 0LWWH ZHJHQ GHV ZLQWHUOLFKHQ :HWWHUV GLH +HUGIHXHU QLFKW JHO|VFKW ZRUGHQ ZDUHQ VWU]WHQ HLQ ,KUH 'lFKHU DXV )OHFKWZHUN XQG +RO] ILQJHQ )HXHU (KH GLH VWU]HQGHQ )OXWHQ GHU 6FKODPPUHJHQ GLH 7UPPHU O|VFKHQ NRQQWHQ YHUEUDQQWH+DEXQG*XWYRQXQ]lKOLJHQ0HQVFKHQ'RUWZRGLH)OXWZHOOHNHLQHVFKOLPPHQ 9HUZVWXQJHQ DQULFKWHWH YHUQLFKWHWHQ GLH XQDXIK|UOLFKHQ %HEHQ GDV /HEHQ YRQ 0HQVFKHQ XQG7LHUHQ'LHhEHUOHEHQGHQZDUHQYRU6FKUHFNXQIlKLJDQHWZDVDQGHUHVDOVDQSDQLVFKH )OXFKW ]X GHQNHQ 'LH 7HLOH YRQ IQI .HIWLX6FKLIIHQ IDQG PDQ IDVW DP K|FKVWHQ 3XQNW GHU ,QVHO .(26 HLQJHNHLOW ]ZLVFKHQ 6WHLQHQ HLQHV +JHOJUDEHV GLH YRQ GHU )OXWZHOOH KXQGHUW 0DQQVOlQJHQZHLWHLQHQEHZDFKVHQHQ+DQJDXIZlUWVJHVFKOHXGHUWZRUGHQZDUHQ 'LHULHVLJH:RONHZXFKVXQGZXFKVGHKQWHVLFKDXVXQGNOHWWHUWHK|KHU$QYHUVFKLHGHQHQ ZDKOORV HQWVWHKHQGHQ 6WHOOHQ HQWOLH GLH :RONH 6WXU]ElFKH DXV NRFKHQG KHLHP 6FKODPPUHJHQ DXV ZLQ]LJHQ 6WHLQHQ GLH ZLH :DVVHUWURSIHQ KHUXQWHUVFKOXJHQ XQG ELQQHQ ZHQLJHU $XJHQEOLFNH GLH IOFKWHQGHQ 0HQVFKHQ HUVWLFNWHQ XQG XQWHU VLFK EHJUXEHQ HEHQVR ZLHGHUHQbFNHUXQG:HLQJlUWHQ 7RQWlIHOFKHQ LQ GLH PDQ ZlKUHQG VLH IHXFKW ZDUHQ 6FKULIW]HLFKHQ XQG =DKOHQ HLQJHULW]W KDWWH YHUJODVWHQ XQG ZXUGHQ LQ GHU +LW]H NOHLQHU XQG JURHU %UlQGH JHEUDQQW XQG XQWHU 6FKXWWYHUJUDEHQ 'LH)OXWZHOOHQEHUKUWHQDOVVLHQRFKGLH)RUPHLQHVYROONRPPHQHQ5LQJHVEHVDHQ]XHUVW GLH,QVHOQXQGGLHYRUVSULQJHQGHQ3XQNWHGHV)HVWODQGV'RUWEUDFKHQVLFKGLHJLJDQWLVFKHQ 0DXHUQDXV:DVVHUDQJHIOOWPLWVHOWVDPHQ7UPPHUQXQGUHFKWVXQGOLQNVMHQHU.DSVXQG +DOELQVHOQVFKZDQJHQVLHZHLWLQGLH %XFKWHQ KLQHLQ 1DFKGHP DQ MHQHQ 6WHOOHQ GDV 0HHU ]XHUVW ZHLW ]XUFNJHWUHWHQ ZDU XQ]lKOLJH 0HHUHVWLHUH QDFK /XIW VFKQDSSHQG XQG VWHUEHQG LP 6FKOLFN ]XUFNJHODVVHQ KDWWH NDPHVPLWIXUFKWEDUHU:XFKWZLHGHU$QGHQIODFKHQ6WHOOHQUDVWHGDV:DVVHUZHLWLQV/DQG KLQHLQ (V YHUORU VHLQH W|GOLFKH :XFKW VFKQHOOHU DOV DQ GHQ 3XQNWHQ GHU 8IHU DQ GHQHQ HV GXUFK )HOVHQ DXIJHKDOWHQ ZXUGH VLFK DXIElXPWH XQG YLHOH 0DQQVOlQJHQ K|KHU PLW YHUGRSSHOWHU.UDIWZHLWHUVWUPWH $7+(1 XQG 7,5<16 ZXUGHQ QDFKGHP GHU JUDXHQKDIWH PHKUIDFKH 'RQQHU GLH 9|JHO DXV GHQ =ZHLJHQ JHMDJW DOOH +HUGHQ DXVHLQDQGHUJHVSUHQJW GLH 3IHUGH VFKHX XQG GLH 0HQVFKHQ YROODEHUJOlXELVFKHU)XUFKWJHPDFKWKDWWHYRQGHQVFKZHUHQ%HEHQHUVFKWWHUW6WDGWPDXHUQ EUDFKHQ]XVDPPHQ'DFKVWKOHXQ]lKOLJHU+lXVHUHUVFKOXJHQXQ]lKOLJH)DPLOLHQ'DQQYHU GXQNHOWHVLFKDXFKIUGDV/DQGXPXQGMHQVHLWVGLHVHU6LHGOXQJHQGDV6RQQHQOLFKW(VZXUGH QLFKWVRGXQNHODOVZHQQHV1DFKWJHZHVHQZlUHGHQQDQGHQ5lQGHUQGHUDOOHVEHGHFNHQGHQ :RONHZHWWHUOHXFKWHWHHV)HXULJH6lXPH]HLFKQHWHQVLFKDEDXVGHQHQGLHVFKUlJHQ%lQGHU GHVVFKZDU]HQ5HJHQVDXIGLH(UGHXQGLQV0HHUVFKOXJHQ /(6%26ZXUGHYRQGHQ:HOOHQEHUUROOW'LH%HEHQZDUHQKLHUQLFKWVRVFKZHUZHQQVLH DXFK OlQJHU GDXHUWHQ $EHU DXFK KLHU ZXUGHQ VHOEVW GLH DP K|FKVWHQ KLQDXIJHVFKOHSSWHQ 6FKLIIH]XKLOIORVHQ:UDFNV]HUPDKOHQXQGLKUH7UPPHUDXIGHQ+lQJHQXQG]ZLVFKHQGHQ )HOVHQDQGLH6WlPPHEHUVWHQGHU2OLYHQElXPHJHVFKPHWWHUW $XI&+,26XQGLQ752-$EHEWHGLH(UGH 'LH :DVVHUZlQGH ULFKWHWHQ QXU LQ 7URMD JHULQJIJLJH6FKlGHQDQ$EHUGDV/DQG]ZLVFKHQ GHP 8IHU XQG GHQ 6WDGWPDXHUQ ZXUGH PLW HLQHU GLFNHQ 6FKLFKW IDXOLJ ULHFKHQGHQ 0HHUHVVFKODPPHV NQLHKRFK EHGHFNW (LQLJH 'HOSKLQH YHUHQGHWHQ TXDOYROO QDFKGHP LKUH .|USHUDXIGHQ)HOVHQ]HUVFKPHWWHUWZRUGHQZDUHQ

1XUZHQLJH6FKLIIHEHIDQGHQVLFKDXIGHP0HHU =ZLVFKHQ GHQ ,QVHOQ |VWOLFK .HIWLXV EHUOHEWH QLFKW HLQ HLQ]LJHU 6HHPDQQ :DV GLH :HOOHQ QLFKW YHUQLFKWHWHQ ZXUGH YRP %LPVVWHLQ HUVWLFNW $Q PDQFKHQ 6WHOOHQ ELOGHWH GDV DXIVFKlXPHQGH*HVWHLQGDVLP.RQWDNWPLWGHP:DVVHUVFKZDPPDUWLJHUVWDUUWHHLQHQ7HS SLFKDXIGHP7LHUHXQG0HQVFKHQKlWWHQVWHKHQXQGJHKHQN|QQHQ1RFK:RFKHQQDFKGHU )OXWZHOOHVFKZHPPWHQGLH:HOOHQJHZDOWLJH0HQJHQGLHVHV*HVWHLQVDQQDKH]XMHGH.VWH GHV%LQQHQPHHUHV (WZDHLQHKDOEH6WXQGHODQJYHUVXFKWHQZLULP7RVHQXQG%URGHOQGHU:RONHHWZDVYRQGHP 'LPHQVLRQVIDKUVWXKO]XHUNHQQHQ 9HUJHEOLFK 8QVHU*OHLWHUKLHOWVLFKLQDFKWXQJVYROOHU(QWIHUQXQJQDFKGHPZLUYRQGHU'UXFNZHOOHYRP 'RQQHUXQGHLQHUQLFKWDEUHLHQZROOHQGHQ)ROJHYRQ:LQGVW|HQJHWURIIHQZRUGHQZDUHQ :LU VFKZHEWHQ ZHLW ZHVWOLFK YRQ .HIWLX XQG VDKHQ ZLH GLH :RONH VLFK QLFKW QXU LQ GHQ :HOWUDXPKLQDXIVFKUDXEWHVRQGHUQYRQGHPKHUUVFKHQGHQ:LQGXQGGHQ$XVOlXIHUQYLHOHU :LQGKRVHQXQGNOHLQHUHU*HZLWWHUVWUPHLQGLH%UHLWHJH]HUUWZXUGH$XFKZLUEHIDQGHQXQV LQGHU'XQNHOKHLWGHQQQRFKZDUGLH6RQQHQLFKWEHUGLH:RONHKLQZHJJHNOHWWHUW 'DV /DQG $&&+,-$:$ HEHQIDOOV YRQ %HEHQ YHUZVWHW GLH 7HLOH VHLQHU .VWHQOLQLH ]XVDPPHQVWU]HQ OLH NDP DQ YLHOHQ 2UWHQ JOLPSIOLFK GDYRQ :HLWHU DOV YLHOH ,QVHOQ YRQ 6WURQJK\OHHQWIHUQWKDWWHQGLH)OXWZHOOHQLKUH:XFKWYHUORUHQ6LHZDUHQQLFKWPHKUKXQGHUW 0DQQVOlQJHQ KRFK VRQGHUQ QXU QRFK ]HKQ IQI]HKQ 7URW]GHP ZXUGH QDKH]X MHGHU +DIHQ YHUZVWHW $EHUGLH6FKUHFNHQVROOWHQIUYLHOH0HQVFKHQHUVWQRFKQHXEHJLQQHQ ,P /DQG .KHP PLVFKWHQ VLFK (UGH 6FKODPP XQG $VFKH DXV GHU /XIW PLW GHP :DVVHU GHV 1LOVXQGNOHL QHUHU %lFKH =XP 6FKUHFNHQ GHU DEHUJOlXELVFKHQ %HY|ONHUXQJ IlUEWH VLFK :DVVHU WLHI VFKZDU]XQGURWZLH%OXW $Q2UWHQDQGHQHQHVKDOEH-DKUHKLQGXUFKRGHUQRFKOlQJHUQLFKWHLQPDOUHJQHWHHUVFKLHQHQ *HZLWWHUZRONHQ%OLW]H]XFNWHQQLHJHK|UWHU'RQQHUNUDFKWHXQGJDQ]H(UQWHQZXUGHQYRQ 5HJHQIOXWHQXQG+DJHOVFKORHQYHUQLFKWHW'LH(LVEURFNHQDXVGHP+LPPHOZDUHQJURZLH (LHUXQGOLHHQGLHGQQHQ'lFKHU]XVDPPHQNUDFKHQ 7RUQDGRV ULVVHQ GDV :DVVHU VlPWOLFKH /HEHZHVHQ XQG 3IODQ]HQ DXV NOHLQHQ 7HLFKHQ XQG WURFNQHWHQELQQHQNXU]HU=HLWGLH7HLFKHDXV'LH:LQGKRVHQZLUEHOWHQGLHVHV*HPLVFKLQGLH +|KH WUDQVSRUWLHUWHQ HV EHU XQJODXEOLFK ZHLWH 6WUHFNHQ KLQZHJ XQG OLHHQ HV DQ 2UWHQ KHUXQWHUUHJQHQ DQ GHQHQ GLH 0HQVFKHQ VFKUHLHQG GDYRQUDQQWHQ )LVFKH :UPHU XQG )U|VFKHSUDVVHOWHQDXIGLH0DUNSOlW]HYRQ:VWHQG|UIHUQKHUXQWHU $QGHUH /XIWHUVFKHLQXQJHQ ZLUEHOWHQ 9LHKKHUGHQ PLW VLFK HQWZXU]HOWHQ %DXPULHVHQ XQG YHUWHLOWHQ GLH .DGDYHU XQG GLH HQWODXEWHQ %lXPH EHU ZHLWH 7HLOH EHZRKQWHQ XQG XQEHZRKQWHQ*HELHWV (LQHJURH*UXSSH6NODYHQGLHDXVGHP/DQG.KHPIORKEHIDQGVLFKDP8IHUGHV6LUERQLV 6HHVDOVGDV:DVVHU]XUFNWUDW'DV0HHUUXQGXPYRQ6FKLOIEHVWDQGHQHLQH/DJXQHDOVR OHHUWH VLFK EOLW]VFKQHOO QDFKGHP GLH (UGH OHLVH JHEHEW KDWWH 'DV :DVVHU IOXWHWH PLW XQZLGHUVWHKOLFKHU*HZDOWLQV%LQQHQPHHU]XUFN'LH*UXSSHGLHYRQGHQ.DPSIZDJHQGHV 3KDUDRVYHUIROJWZXUGHUDQQWHGHPJHJHQEHUOLHJHQGHQ8IHUHQWJHJHQ$OVGLH.DPSIZDJHQ GHV *RWWN|QLJV LKQHQ QDFKVHW]WHQ NDP GLH )OXW ]XUFN XQG HUWUlQNWH GLH OHW]WHQ GHU IOFKWHQGHQ6NODYHQHEHQVRZLHQHXQ=HKQWHOGHUSKDUDRQLVFKHQ.DPSIDEWHLOXQJ $XI5+2'26XQGLQ$/$6+,$EHEWHGLH(UGH 1DFKHWZDHLQHU6WXQGHYHUVFKZDQGDXFKKLHUGDV 6RQQHQOLFKWY|OOLJ'HU+LPPHOIlUEWHVLFKLP:HVWHQ1RUGHQXQG1RUGRVWHQVFKZDU]'LH )OXWZHOOHQHUUHLFKWHQGHQ+DIHQDEHUQXUDOOHDXV+RO]XQG/HKP]LHJHOJHPDXHUWHQ%DXWHQ ILHOHQ LKQHQ ]XP 2SIHU (LQLJH )LVFKHUERRWH LQ .LWLRQ ZXUGHQ XPKHUJHVFKOHXGHUW XQG ]HUWUPPHUWVlPWOLFKH%lXPHVFKZDQNWHQHLQHKDOEH6WXQGHODQJXQGGLH7LHUHJHULHWHQLQ

3DQLN :HLWGUDXHQDXIGHP0HHUULWWGLH&+$5,6GLHEHLGHQ:HOOHQDE'DV6FKLIIZXUGHLP%XJ KRFKJHULVVHQELVHVIDVWVHQNUHFKWVWDQG'DQQNLSSWHHVQDFKYRUQLQHLQHJHZDOWLJH:RONH DXV*LVFKWXQG6FKDXPJHKOOWUDVWHHLQXQJHKHXUHV:HOOHQWDOKLQXQWHUXQGNDPLQVFKZHUH .UHX]VHHQGLHHVKLQXQGKHUVFKOHXGHUWHQ'LH5XGHUHUOlQJVWPLW7DXHQDQGLH%lQNHJH EXQGHQUDQJHQQDFK/XIWXQGVFKULHQ]XGHQ*|WWHUQDEHUQLFKWHLQHUYRQLKQHQJLQJEHU %RUG $OV 1HVWRU GDV 6FKLII ZLHGHU XQWHU .RQWUROOHKDWWHUDVWHGLH]ZHLWH:DVVHUZDQGKHUDQ6LH ZDUQRFKK|KHUXQGGXQNOHUDOVGLHYRUKHUJHKHQGHHLQHUROOHQGH0DXHUGLHHLQXQLUGLVFKHV *UROOHQ DXVVWLH 'LH &+$5,6 NOHWWHUWH GLH :HOOH DXIZlUWV ERKUWH VLFK ZLOG VFKWWHOQG GXUFK GLH :DVVHUZDQG XQG EHIDQG VLFK DEHUPDOV LP ]LVFKHQGHQ XQG NRFKHQGHQ 1HEHO DXV 6FKDXP :LH HLQ $GOHU VWU]WH VLH VLFK LQ GDV :HOOHQWDO GDV YROOHU .DGDYHU 7UPPHU NOHLQHU VFKZDPPDUWLJHU 6WHLQH ZDU GLH DQ GHQ 3ODQNHQ VFKUIWHQ DEHU DXFK GDV ]ZHLWHPDO EHUZDQGGLH&+$5,6GLHGRQQHUQGHQIDXFKHQGHQ.UHX]VHHQ .XU]GDUDXIHUVFKLHQXQVHU*OHLWHUEHUGHP6FKLII0LWGHPVHOEHQ*HUlWGDVXQVHUH:RUWH EHLP%HJUlEQLVYRQ7KHVHXV 9DWHUYHUVWlUNWKDWWHULHI3WDK1HVWRU]XDE]XGUHKHQXQGQDFK .LWLRQ]XUFN]XVHJHOQ(VJlEHNHLQHQ.DPSI 1HVWRUZDUKHLOIURKXQVHUHU$QRUGQXQJJHKRUFKHQ]XGUIHQ 6HLQH0lQQHUZUGHQMHGH6HNXQGHGLHVHUDXIUH JHQGHQ$EHQWHXHUQLHPDOVYHUJHVVHQN|QQHQ9LHOH/HJHQGHQQDKPHQDQGLHVHP9RUPLWWDJ LKUHQ%HJLQQ,KU8UVSUXQJODJLQGHUJURHQ)OXW 7<526 %<%/26 XQG 8*$5,7 LP :LQGVFKDWWHQ GHU JURHQ ,QVHO $ODVKLD JHOHJHQ EHVDHQ JHVFKW]WH VWDUN EHIHVWLJWH +lIHQ 9LHOH GHU 0ROHQ EHVWDQGHQ DXV NOHLQHUHQ XQG JU|HUHQ )HOVEURFNHQ GLH PLW *HU|OO DXVJHIOOW ZRUGHQ ZDUHQ 'LH )OXWZHOOHQ OlQJVW QLFKW YLHOPlFKWLJHUDOVGLHZLOGHVWHQGHU%UDQGXQJVZHOOHQLQGHQZLQWHUOLFKHQ6WUPHQULFKWHWHQ QXUZHQLJ6FKlGHQDQ6WlUNHUH%HEHQYHUZVWHWHQZHLWHPHQVFKHQOHHUH7HLOH7\UUKHQLHQV XQGGHU,QVHOGHU6KDUGDQHQ 8QGGLH:RONHZXFKVXQGZXFKV 8QDXIK|UOLFKEHEWHGLH8PJHEXQJYRQ6WURQJK\OHRGHUEHVVHUGHQZHQLJHQ5HVWHQGHU,QVHO 'LHXQWHUPHHULVFKHQ6SDOWHQXQG.OIWH|IIQHWHQXQGVFKO|VVHQVLFK:HLWH7HLOHGHV0HHUHV ZXUGHQGXUFKDXIVWHLJHQGH*DVHYHUJLIWHW,QGHQ*DVHQXQGLP:DVVHUGDVPLWGHP0DJPD LQ9HUELQGXQJJHULHWO|VWHQVLFK0LQHUDOLHQXQGHU]KDOWLJH*HVWHLQHDXI'DV0HHUIlUEWHVLFK LQZHLWHP8PNUHLVURW 0LOOLDUGHQWRWHU)LVFKHWULHEHQXQWHUGHQGLFNHQ%LPVVWHLQVFKLFKWHQ 'LH :RONH HUUHLFKWH MHW]W LQ LKUHQ REHUVWHQ $XVOlXIHUQ GLH GQQHQ /XIWVFKLFKWHQ ZHLW REHUKDOE GHU =RQH LQ GHU GDV :HWWHU DXI /DUVDI 'UHL VWDWWIDQG XQG VLFK ZDQGHOWH +|KHQVWU|PH HUIDWHQ GLH $VFKH XQG GHQ 5DXFK GHQ IHLQHQ 6DQG XQG DQGHUH %HVWDQGWHLOH ULVVHQVLHPLWVLFKXQGVFKOHSSWHQGLHVWlQGLJQDFKGUFNHQGHQ6FKLFKWHQQDFK2VWHQXQGLQ DQGHUHQ +|KHQVFKLFKWHQ QDFK 1RUGHQ XQG 6GHQ )lFKHUI|UPLJ EUHLWHWH VLFK HLQH GQQH JUDXEUDXQH6FKLFKWPLWJHOEHQ,QVHOQEHUGHQ|VWOLFKHQ7HLOGHV%LQQHQPHHUVDXV]RJEHU 7URMDKLQZHJLQGDVDQJUHQ]HQGH0HHUXQGEHU$FFKLMDZDXQGGLH6WlGWHGHU3KRLQLNHUELV QDFKbJ\SWHQ 8QWHUKDOE GLHVHU 6FKLFKW NRQGHQVLHUWH :DVVHUGDPSI DQ GHQ IHVWHQ 3DUWLNHOQ 8QJHKHXUH 5HJHQJVVH ILHOHQ VWLHJHQ ZLHGHU DXI XQG UHJQHWHQ VFKOLHOLFK UXQG XP $WKHQ DXI GDV JHVFKXQGHQH /DQG KLQXQWHU 5LQQVDOH ZXUGHQ ]X %lFKHQ %lFKH VFKZROOHQ ]X )OVVHQ DQ :lOGHU YHUPRFKWHQ GLH )OXWHQ QLFKW PHKU DXI]XVDXJHQ XQG JHZDOWLJH 7HLOH IUXFKWEDUHQ /DQGHV ZXUGHQ LQV 0HHU JHVFKZHPPW 'LH hEHUVFKZHPPXQJ HUWUlQNWH 7DXVHQGH XQG XQJH]lKOWHV9LHK'LH9|JHOILHOHQPLWVFKZHUHPQDVVHQ*HILHGHUDXVGHQ=ZHLJHQXQGDXV GHU/XIWXQGYHUHQGHWHQLP6FKODPP'DV*HVLFKWGHV/DQGHVYHUlQGHUWHVLFKVRVWDUNGD GLHMHQLJHQGLHEHUOHEWHQYRP:HOWXQWHUJDQJVSUDFKHQXQGGDYRQGDGDQDFKQXUZHQLJH 0HQVFKHQLQGHU/DJHZDUHQGHQ*|WWHUQ]XRSIHUQXPVLH]XEHVlQIWLJHQ

,QGHUGDUDXIIROJHQGHQ1DFKWEHEWHGLHJHVDPWH:HOWLP|VWOLFKHQ%LQQHQPHHUQRFKHLQPDO 'HU JHVDPWH +RUL]RQW VFKLHQ ]X EUHQQHQ 'LH 8QWHUVHLWH GHU PlFKWLJHQ :RONH JOKWH XQG ORGHUWHURWXQGJHOE'LH0HQVFKHQGLHGLHVVHKHQNRQQWHQPHLQWHQGDGLHJHVDPWH:HOWLQ )ODPPHQ VWQGH 'DQQ ILHOHQ GLH HUVWHQ 5HJHQJVVH YRQ GHQHQ 7HLOH GHU :RONH HQWOHHUW ZXUGHQ 5HJHQWURSIHQ VR JUR ZLH QRFK QLH ILHOHQ ZLH 6WHLQH DXV GHP +LPPHO 6LH HQWKLHOWHQ 6FKODPP GHU DXV YXONDQLVFKHU $VFKH EHVWDQG 1HXQ =HKQWHO DOOHU GLHVHU XQPLWWHOEDU DXIWUHWHQGHQ 5HJHQJVVH HQGHWHQ LP 0HHU DEHU GDV OHW]WH =HKQWHO YHUJU|HUWH GLH 9HUZ VWXQJHQ 0HQVFKHQ GLH DQ )HXHUQ VDHQ ZXUGHQ JHWURIIHQ GLH )HXHU HUORVFKHQ GLH 0HQVFKHQHUVWLFNWHQLQGHUSHFKVFKZDU]HQ'XQNHOKHLW *LIWLJH'lPSIHTXROOHQDXVGHU:RONH )U HOI 7DJH ZDUHQ QDKH]X DOOH %HZRKQHU GHU ,QVHO /HVERV EOLQG DOOH GLH YRQ GHQ YRUKHUJHJDQJHQHQ (UHLJQLVVHQ YHUVFKRQW JHEOLHEHQ ZDUHQ 'DV /DQG ZDU EHUVlW PLW WRWHQ 9|JHOQ'LH=ZHLJHXQG%OlWWHUGHU%lXPHXQGGDV*UDVZDUHQYRQHLQHPZHLHQ3XOYHU EHGHFNW 7LHUH GLH GDYRQ IUDHQ RGHU GDV VFKDUIULHFKHQGH 3XOYHU DEOHFNWHQ NUHSLHUWHQ ODQJVDPXQGXQWHUIXUFKWEDUHQ4XDOHQ7DJHODQJK|UWHPDQLKUH7RGHVVFKUHLH ,P1LOGHOWDILHOGUHL7DJHODQJVFKZDU]HU6WDXEDXVHLQHUKRFKOLHJHQGHQ:RONHGLHVLFKZLH HLQH)LJXUDXVGUHL)LQJHUQZHLWQDFK1RUGHQHUVWUHFNWHXQGGRUWPLWGHU6FKZlU]HYHUEDQG (UVW ]ZHL 7DJH QDFK GHP $XVEUXFK GHV 9XONDQV VFKLHQ QDFK GHU 0LWWDJVVWXQGH ZLHGHU GLH 6RQQH 6LHZDUDEHUQXUDQGHQ2UWHQVLFKWEDUGLHVLFKHQWODQJGHUJHGDFKWHQ/LQLHEHIDQGHQGLHYRQ %\EORV$ODVKLD.HIWLXQDFK7\UUKHQLDYHUOLHIRGHUEH]LHKXQJVZHLVHZHVWOLFKYRQLKUODJHQ 'LH 6RQQHQVFKHLEH VHOEVW ZDU PLW EORHP $XJH DQ]XVHKHQ PDQ NRQQWH RKQH 6FKDGHQ ]X QHKPHQODQJHGLUHNWLQVLHKLQHLQVWDUUHQ6LHEHIDQGVLFKKLQWHUHLQHUU|WOLFKHQ6FKLFKWYRQ 6WDXE GLH ZLH PHKUHUH /DJHQ HLQHV GQQHQ 9RUKDQJV ZLUNWHQ (V JDE XQ]lKOLJH ORNDOH :LQGHXQGQRFKPHKUNOHLQHXQJHZ|KQOLFKKHIWLJHXQGNXU]H*HZLWWHUDEHUNHLQHQ6WXUP GHUGLH:RONHYHUWUHLEHQZROOWH 'LH&+$5,6XQGXQVHU*OHLWHUODQGHWHQZLHGHULP+DIHQYRQ.LWLRQXQG]|JHUQGNDPHQGLH 0HQVFKHQZLHGHU]XUFN]XLKUHQKDOE]HUVW|UWHQ+lXVHUQ ,UJHQGZDQQDQJHVLFKWVGHVIHXHUVSHLHQGHQ6FKOXQGHVIUDJWHPLFK3WDK6RNDU Ä8QGGHU)UHPGHPLWVHLQHQ8QJHKHXHUQ" Ä:HQQZLUXQVQLFKWLQGLH:RONHKLQHLQZDJHQZHLOZLUPLW*HZLKHLWGDULQHUVWLFNHQXQG YHUEUHQQHQGDQQZHUGHQVLFKGLH8QJHKHXHUDXFKQLFKWEHUGHQ5DQGGHV)HOVHQVVWU]HQ Ä'X VFKlW]VW GLHVH *HIDKU JHULQJ HLQ" HUNXQGLJWH VLFK &KDULV 6LH ZDU ZLH MHGHU YRQ XQV ZLH EHWlXEW 'HU 6FKUHFNHQ ZDU ]X JUR IU XQV JHZHVHQ 'DUDQ GD 6WURQJK\OH ]HUVW|UW ZHUGHQZUGHKDWWHQLFKWHLQPDOHLQ6HKHUGHQNHQN|QQHQ Ä6HKHQZLUGHQQRFKQDFKIRUGHUWHPLFK*UDLRVDXI Ä:HQQVLFKGLH:RONHVRZHLWYHU]RJHQKDWGDZLUYRQ:HVWHQDQGLH5HVWHYRQ6WURQJK\OH KHUDQIOLHJHQN|QQHQYHUVSUDFKLFK :LU PXWHQ GUHL 7DJH ODQJ ZDUWHQ XQG QW]WHQ GLH =HLW XP GHQ 0HQVFKHQ DXI .LWLRQ ]X KHOIHQ 'DV +DXV GHU &KDULV KDWWH GLH %HEHQEHUVWDQGHQXQGGHUIDXOLJH*HUXFKGHUEHU GHU,QVHOODJVW|UWHXQVXQWHUGLHVHQ9RUDXVVHW]XQJHQEHUKDXSWQLFKW 'DQQVWDUWHWHQZLUHUQHXWPLWGHP*OHLWHU:LUIUFKWHWHQXQVGDYRUVHKHQ]XPVVHQZDV ZLUHUZDUWHWHQ 'HUDOWH)UVWKDWWHXQVHU]lKOWGDHUYRQ6WURQJK\OHIROJHQGHVZXWH6FKRQGUHLPDOLQGHQ ]ZHL ]XUFNOLHJHQGHQ /HEHQVDOWHUQ VHL GHU 9XONDQ DXVJHEURFKHQ $EHU GLH =HUVW|UXQJHQ

ZlUHQXQZHVHQWOLFKJHZHVHQ$OVVLFKXQVHU*OHLWHUGHQ5HVWHQGHU,QVHOQlKHUWHPXWHQZLU VHKHQGDHV6WURQJK\OHGLH5XQGHQLFKWPHKUJDE'HU9XONDQZDUHUORVFKHQ'RUWZRGHU 6FKOXQG DXIJHULVVHQ JHZHVHQ ZDU EHIDQG VLFK HLQH VWLOOH :DVVHUIOlFKH (LQ 7HLO GHU ,QVHO JlQ]OLFK OHEORV XQG PLW HLQHU GLFNHQ 6FKLFKW %LPVVWHLQ XQG $VFKH EHGHFNW ELOGHWH HLQHQ =ZHLGULWWHONUHLVGHULQQHQIDVWVHQNUHFKWDEILHO=ZHLZLQ]LJH,QVHOFKHQIDVWQXU)HOVVSOLWWHU GLH QRFK GLH 6SXUHQ XQJHKHXUHU +LW]H XQG YHUGDPSIWHQ :DVVHUV WUXJHQ ]HLFKQHWHQ GLH 8PULVVH GHV IUKHUHQ $WODQWLV QDFK $XI GHQ 5HVWHQ GHU ,QVHO JDE HV NHLQ /HEHQ PHKU 7RWHQVWLOOHKHUUVFKWH ,FKDWPHWHWLHIHLQXQGDXVXQGVDJWHOHLVH Ä'HU )UHPGH LVW JHIOFKWHW :LU NRQQWHQ QLFKW VHKHQ ZDQQ GHU ULHVLJH )HOVHQ VLFK ZLHGHU HQWIHUQWKDW$EHUGLH9HUQLFKWXQJGLHHUDXVO|VWHWUDIDXFKLKQ 'HU*OHLWHUKDWWHGLH.VWHLP:HVWHQ$ODVKLDVEHUIORJHQZDUEHU5KRGRVJHNUHX]WXQGDQ .HIWLXYRUEHLJHNRPPHQhEHUDOOKDWWHQZLUGLH=HUVW|UXQJHQVHKHQPVVHQ7DXVHQGHZDUHQ JHVWRUEHQ XQHQGOLFK YLHO ZDU YHUZVWHW ZRUGHQ 2UWH GLH ZLU EHVXFKW KDWWHQ ZDUHQ YHUVFKZXQGHQhEHUGHQ7UPPHUQODJHQ%LPVVWHLQVFKLFKWHQXQG$VFKHVFKLFKWHQ9HUNRKOWH XQG ]HUVSOLWWHUWH %DXPVWPSIH VWDFKHQ GXUFK WURFNQHQGHQ 6FKODPP 'HU IDXOLJH VOLFKH *HUXFK GHV 7RGHV HUKRE VLFK YRQ YLHOHQ 6WHOOHQ GLH ZLU DOV *lUWHQ XQG :lOGHU JHNDQQW KDWWHQ Ä'LH8QJHKHXHUYRQGHQHQGDV2UDNHOVSUDFKVLQGVLHJHW|WHWZRUGHQ"IUDJWH&KDULV'LH %LOGHUGHV*UDXHQVGLHZLUVDKHQOLHHQXQVGLH:RUWHLQGHU.HKOHVWHFNHQEOHLEHQ.HLQHU YRQXQVKDWWHVLFKMHPDOVHL QHVROFKJHZDOWLJH=HUVW|UXQJYRU]XVWHOOHQYHUPRFKW1XQVDKHQZLUVLH ,FK O|VWH PHLQHQ %OLFN YRQ GHQ 5HVWHQ 6WURQJK\OHV :HQQ HV MH HLQ VWUDKOHQGHV $WODQWLV JHJHEHQ KDWWH VR ZDU HV IU DOOH (ZLJNHLWHQ ]HUIHW]W XQG DXVJHO|VFKW ZRUGHQ 9RQ GHP .OHLQNRQWLQHQW GHU PLW GHU hEHUOHEHQVNXSSHO LQV 0HHU YHUVXQNHQ ZDU ZXWH NHLQ /HEH ZHVHQDXIGLHVHP3ODQHWHQDXHU3WDK6RNDUXQGPLU Ä6LFKHU VLQG YLHOH YRQ LKQHQ HUVWLFNW XQG HUVFKODJHQ ZRUGHQ YHUVXFKWH LFK ]X HUNOlUHQ Ä'LHVHYHUKHHUHQGHQ(QHUJLHQPVVHQDXFKGXUFKGLH0DXHUGHV6FKXW]VFKLUPHVJHVFKODJHQ KDEHQ Ä$OOH GLH 0HQVFKHQ $OOHV WRW PXUPHOWH *UDLRV QLHGHUJHVFKODJHQ 'LH )HLQGVFKDIW RGHU EHVVHU5LYDOLWlWZDUZlKUHQGGHUOHW]WHQ7DJHYHUVFKZXQGHQ'LH0lQQHUGHUEHLGHQ6FKLIIH ZDUHQ GLH JOFNOLFKHQ hEHUOHEHQGHQ GHU .DWDVWURSKH GLH QLFKW HLQPDO LKUH +DEH YHUORUHQ KDWWHQ Ä1LFKWDOOHVLQGWRWVDJWHGHU)UVWÄ:LUKDEHQJHVHKHQZLHVLHDUEHLWHQXQGYHUVXFKHQLKU /HEHQQHX]XILQGHQ 'HU *OHLWHU NUHLVWH PHKUPDOV XP GLH 5HVWH 6WURQJK\OHV (V JDE QXU :DVVHU HLQHQ GXUFKGULQJHQGHQ *HUXFK QDFK *DVHQ DXV GHU 8QWHUZHOW XQG )HOVHQ JODVDUWLJ JHVFKPRO]HQ YRQGHQ6FKLFKWHQGHV$XVZXUIVEHGHFNW Ä:RKLQMHW]W"1DFK$WKHQ0HORV7URMD" Ä:DV VROOWHQ ZLU GRUW" IUDJWH VLFK &KDULV ODXW Ä:LU N|QQHQ QLFKW KHOIHQ XQG ZLU VHKHQ QLFKWVDQGHUHVDOV=HUVW|UXQJXQG(OHQG Ä-DZDVVROOHQZLUGRUW"EHNUlIWLJWH1HVWRU ,FKVWHXHUWHGHQ*OHLWHU]XUFNLQGLH5LFKWXQJDXI.HIWLXXQGGLH5HVWHYRQ.QRVVRV6HOEVW ZHQQYLHOH0HQVFKHQEHUOHEWKDWWHQZUGH.HIWLXVHLQH6FKLIIHXQGGDPLWGLH6HHKHUUVFKDIW YHUORUHQ KDEHQ 6LFKHU JDE HV 6FKLIIH LQ IUHPGHQ +lIHQ GLH QLFKW PLW 0DQQ XQG 6HJHO YHUVFKOXQJHQZRUGHQZDUHQ$EHUGLH0lQ QHU GLH VLH EHPDQQHQ NRQQWHQ PXWHQ ]XHUVW LKUH +lXVHU QHX HUULFKWHQ 1DFK HLQHU :HLOH VDJWH 1HVWRU Ä'LH &+$5,6 $WODQ ZDV VROO PLW LKU JHVFKHKHQ" Ä'DV 6FKLII XQG VHLQH 0DQQVFKDIWLVWHEHQVRHLQJHODGHQZLHMHGHUDQGHUHYRQXQV2UDNHOERWHQDQWZRUWHWH&KDULV Ä.RPPW]XPLU0lQQHUZLHLKUZHUGHQEHLXQVVFKQHOO]X)UVWHQJHPDFKW Ä,FK ZHUGH PLW GHU 0DQQVFKDIW EHUDWHQ YHUVSUDFK 1HVWRU /DQJVDP QlKHUWHQ ZLU XQV GHU

,QVHO.HIWLX0LW9HUEOIIXQJVDKHQZLUGDGLH*HJHQGXPGHQ3DODVWGHV.QRVVRVKHUXP XQGGHU3DODVWVHOEVWYHUKlOWQLVPlLJZHQLJ]HUVW|UWZDUHQ9LHOH'lFKHUGHV3DODVWVZDUHQ HLQJHVWU]W$QYLHOHQ6WHOOHQKDWWHHVJHEUDQQWhEHUDOOHPODJHLQHGLFNH$VFKHVFKLFKW$EHU DQ YLHOHQ 6WHOOHQ VDKHQ ZLU 0HQVFKHQ GLH PXWLJ EHJDQQHQ GLH 7UPPHU EHLVHLWH]XUlXPHQ XQGLKUH%HKDXVXQJHQZLHGHUDXI]XEDXHQ'HU+DIHQYRQGHPDXVZLUPLWGHPSUlFKWLJHQ 6FKLIIXQVHUHODQJH)DKUWDQJHWUHWHQKDWWHQH[LVWLHUWHQXUQRFKLQGHQ8PULVVHQHLQHUVWLOOHQ :DVVHUIOlFKH (LQLJH 9|JHO KDFNWHQ OXVWORV DXI GHQ 5HVWHQ YRQ 7DXVHQGHQ IDXOHQGHU 0HHUHVWLHUHKHUXPGLHLQGHU%XFKWWULHEHQ ,FKVXFKWHGLH%OLFNHGHU)UHXQGHXQGVFKOXJYRU Ä=XUFNQDFK.LWLRQ" 0HLQH)UHXQGHQLFNWHQ]XVWLPPHQG,FKIDWHQDFKGHQ+HEHOQVHW]WHGLH*HVFKZLQGLJNHLW GHV*OHLWHUVKHUDXIXQGVFKOXJGHQ.XUVQDFK$ODVKLDHLQ+LQWHUXQVEOLHEGLH:RONH]XUFN 6LHKLQJLQJURHU+|KHXQGWULHEODQJVDPLQ|VWOLFKH5LFKWXQJ+HXWHDPDFKWHQ7DJQDFK GHU /DQGXQJ GHV )UHPGHQ VFKLHQ GLH 6RQQH ZLHGHU ZDUP EHU ZHLWHQ %HUHLFKHQ GHV %LQ QHQPHHUV $EHUIUGLHVHQ7HLOGHU:HOWZDUHQGLH)ROJHQGHV6WURQJK\OH,QIHUQRVQRFKQLFKWEHHQGHW (VZGHQRFKYLHOH0RQGHODQJ$VFKHUHJQHQ%LVVLH PLW5HJHQYHUPLVFKW]XZHUWYROOHP%RGHQZHUGHQZUGHYHUJLIWHWHVLHGHQKHUDXI]LHKHQGHQ )UKOLQJ :HLWH7HLOHGHV/DQGHVZUGHQGLH6RQQHQXUYHUVFKZRPPHQVHKHQHLQH6FKHLEHGLHVLFK KLQWHU GHP 'XQVW YHUEDQG GHU LQ GHU 'lPPHUXQJ GHV 0RUJHQV XQG GHV $EHQGV DOV EUHQQHQGHV=HLFKHQDP)LUPDPHQWVWDQG 1RFK ODQJH ZUGH HV DQ 2UWHQ UHJQHQ DQ GHQHQ HV QLH 5HJHQ JHJHEHQ KDWWH $QGHUH 6LHGOXQJHQGLHDXIUHJHOPlLJH1LHGHUVFKOlJHDQJHZLHVHQZDUHQKRIIWHQYHUJHEHQVDXIHLQ *HZLWWHURGHUDXIGHQ)UKOLQJVUHJHQ 8QGGDV/DQGQ|UGOLFKYRQ$WKHQXQG7LU\QVMHW]WYHUZVWHWVHLQHU6WDGWIHVWXQJHQEHUDXEW RKQH6DDWXQGYROOHUWRWHU)HOGHUMHQH/DQGVWULFKHLQGHQHQXQ]lKOLJH0HQVFKHQJHVWRUEHQ ZDUHQ XQG YLHOH DQ GHQ )ROJHHUVFKHLQXQJHQ GHU .DWDVWURSKH QRFK VWHUEHQ ZUGHQ ZDU OHHU XQGVFKXW]ORV(LQZDQGHUHUDXVGHP1RUGHQZRKHUDXFKLPPHUZUGHQLQYHUVWlUNWHP0D LQV /DQG HLQVWU|PHQ XQG QLFKW QXU ,GHHQ XQG :DIIHQ VRQGHUQ DXFK DQGHUH *|WWHU XQG LKUH 6SUDFKHPLWEULQJHQ )UPLFKZDUHVZDKUVFKHLQOLFKGDHLQ=HLWDOWHU]X(QGHJHJDQJHQZDU2GHUYLHOOHLFKWGLH =HLW LQ GHU %URQ]H GDV ZLFKWLJVWH XQG KlUWHVWH 0HWDOO ZDU GDV GLH 0HQVFKKHLW NDQQWH ,FK ULFKWHWHZlKUHQGZLU]XUFNIORJHQHLQHQVWXPPHQ5XIDQ(6 :LU KDEHQ DOOHV YHUVXFKW XQG YHUVDJHQ PVVHQ 6HOEVW GX (6 :lFKWHU GLHVHV %DUEDUHQSODQHWHQ KDVW QLFKW DKQHQ N|QQHQ GD GHU 'LPHQVLRQVIDKUVWXKO VLFK DOV DXV O|VHQGHV(OHPHQWDXIHLQHQ9XONDQVHQNWGHUNXU]YRUHLQHP$XVEUXFKVWDQG8QGDOOHXQVHUH .UlIWHVLQG]XJHULQJXPGHQhEHUOHEHQGHQKHOIHQ]XN|QQHQ:LUZWHQQLFKWHLQPDOZR ZLUDQIDQJHQVROOWHQXQGPLWZHOFKHQ:HUN]HXJHQDXHUXQVHUHQ)LQJHUQ +ROHXQV]XUFN(6 9HUVHW]HXQVZLHGHULQHLQHQODQJHQWLHIHQ6FKODI 3WDK6RNDUXQGPLFK8QGZHQQHVGLUPLWGHLQHPPDNDEUHQ6LQQIU+XPRUEHKDJWODVVH PLFKDXFK&KDULVPLWQHKPHQ6LHKlWWHYHUGLHQW]XHLQHUEHVVHUHQ=HLWZLHGHUDXI]XZDFKHQ 'DV([WUDKLUQPHOGHWHVLFKDXJHQEOLFNOLFK (6K|UWGLFKQLFKW(6LVWEHVFKlIWLJW 6FKZHLJHQGODQGHWHQZLULQ.LWLRQXQGJLQJHQDXVHLQDQGHU$QGLHVHP$EHQGZDUHQ&KDULV 3WDKXQGLFKDOOHLQ&KDULVHU]lKOWHXQVYRQLKUHU+HLPDWXQGMHGHZHLWHUH6WXQGHLQGHUVLH XQV VFKLOGHUWH ZLH V GHU 6FKDWWHQ XQWHU GHQ 3DOPHQ ZDU EHNUlIWLJWH XQV LQ XQVHUHU hEHUOHJXQJ :LUZUGHQLKUH(LQODGXQJDQQHKPHQ,FKZXWHGDVLFK]ZLVFKHQ&KDULVXQGPLUHUVWGDQQ HLQH %H]LHKXQJ |IIQHQ NRQQWH ZHQQ ZLU GLH =RQH GHV 6FKUHFNHQV XQG GHV WDXVHQGIDFKHQ

7RGHVYHUODVVHQKDWWHQ

1HVWRUXQG*UDLRVKDQGHOWHQZLHSIOLFKWEHZXWH$FKDLHUYHUDQWZRUWXQJVYROOH.DSLWlQHXQG OLVWHQUHLFKH .DXIOHXWH =XVDPPHQ NDPHQ VLH ]X 3WDK XQG PLU XP VLFK HLQHQ 5DW ]X KROHQ GHVVHQHVQLFKWEHGXUIWH6LHZXWHQZDV]XWXQZDU Ä:LUKDEHQYLHO6LOEHUXQG*ROGGDVGXXQVJHVFKHQNWKDVWGD]XHLQLJH:DIIHQYRQGHQHQ MHGHU)UVWQXUWUlXPHQNDQQVDJWH1HVWRU Ä'DPLW VHJHOQ ZLU ]X GHQ 3KRLQLNHUQ XQG WDXVFKHQ HLQ ZDV .HIWLX EUDXFKHQ NDQQ 8QG HV NDQQZLHZLUZLVVHQDOOHVEUDXFKHQ)DVWDOOHVIXKU*UDLRVIRUWÄ'XHUODXEVWHV" Ä,KUZROOWQDFK%\EORVVHJHOQXQGYRQGRUW]XUFNQDFK.HIWLXXP]XEHJLQQHQGLH)ORWWH ZLHGHUDXI]XEDXHQ"IUDJWHLFKXQGLFKIDQGLKUH,GHHQJXW Ä6RLVWHV9LHOOHLFKWJLEWHVHLQHQ0LQRRVGHUXQV]XZLFKWLJHQ0lQQHUQPDFKW,FKQLFNWH XQGVDJWH Ä1HKPWGLH6FKLIIH)UHXQGH,KUKDEWPHKUDOVHLQHQVFKQHOOHQ(UIROJYHUGLHQW0|JHHXFK 3RVHLGRQQLHPDOVZLHGHUEHOlVWLJHQ Ä$EHUZLUZROOHQLQHLQSDDU7DJHQDXIEUHFKHQPHLQWH1HVWRU Ä0HLQHWZHJHQ VWHFKW LKU PRUJHQ IUK LQ 6HH 3WDK &KDULV XQG LFK IROJHQ HXFK HLQ NOHLQHV 6WFN XQG IOLHJHQ GDQQ LQ GDV )UVWHQWXP LQ GHP HV 7DJ XQG 1DFKW QXU 6RQQH XQG :HLQ JLEWHUNOlUWHLFKOlFKHOQG 9LHU 7DJH VSlWHU QDFK HLQHP UKUHQGHQ $EVFKLHG YRQ (DUDQL XQG .LWLRQV %HY|ONHUXQJ UXGHUWHQGLH0DQQVFKDIWHQGHU&+$5,6XQGGHUZHLHQ%LUHPH*UDLRVKDWWHVLHWDWVlFKOLFK 37$+62.$5 JHWDXIW DXV GHP +DIHQ KLQDXV ,Q JHULQJHU +|KH IROJWHQ ZLU GHQ 6FKLIIHQ PLW GHP *OHLWHU 1XU &KDULV 3WDK XQG LFK ZDUHQ DQ %RUG XQG HLQLJH 9RUUlWH XQG GLH ZLFKWLJVWHQ8WHQVLOLHQGLHQRFKQLFKWDEJHQXW]WRGHUXQEUDXFKEDU JHZRUGHQZDUHQVRZLHXQVHUHGHWDLOOLHUWHQ.DUWHQGLHMHGHZLQ]LJH%XFKWLP%HUHLFKGHV %LQQHQPHHUHV]HLJWHQ :LU VFKZHEWHQ GLH .VWHQ HQWODQJ OLHHQ GLH OHW]WHQ 6SXUHQ GHU =HUVW|UXQJ KLQWHU XQV HQWGHFNWHQIDVWJLHULJVWLOOHXQYHUVHKUWH6WUDQGHXQGOHEHQGLJH6LHGOXQJHQVFKZHEWHQZHLWHU VWHWVHQWODQJGHU.VWHQOLQLHQPLWLKUHQODQJJH]RJHQHQQLHGULJHQ%UDQGXQJVZHOOHQXQGGHQ :lOOHQ DXV 7UHLEJXW GDV DXV GHU .DWDVWURSKH VWDPPWH XQG DXV GHQ =HLWHQ GDYRU :LU ODQGHWHQVFKOLHOLFKLQHLQHPZLQ]LJHQ'HOWDEUDFKWHQGHQ*OHLWHULQV:DVVHUXQGOLHHQLKQ ZLHGHU]XHLQHP%RRWZHUGHQ :LU VHW]WHQ GDV NOHLQH 6HJHO XQG UXGHUWHQ JHJHQ GLH VFKZDFKH 6WU|PXQJ XQG ]ZHL 7DJH VSlWHUHUUHLFKWHQZLUGDVNOHLQH5HLFKLQGHP&KDULVKHUUVFKWH 0DXHUQDXV/HKP]LHJHOQELOGHWHQQXW]ORVH6FKXW]ZlOOHYRU*lUWHQLQGHQHQULHVLJH3DOPHQ XQGXQEHNDQQWH6WUlXFKHUXQG%VFKHZXFKVHQ,QHLQHPNOHLQHQSLWWRUHVNHQ+DIHQODJHLQ +DQGHOVVFKLII GHU 3KRLQLNHU 'lFKHU DXV 3DOPZHGHO .OHLQH 6RQQHQVHJHO XQG ZHLHU 6DQG YLHOH0HQVFKHQPLWKHOOEUDXQHU+DXWXQGZHLHQ*HZlQGHUQ)LVFKHUXQG)UDXHQGLHLQGHQ JUQHQ IHXFKWHQ *lUWHQ DUEHLWHWHQ %UDXQH 5LQGHU VFKQHHZHLH =LHJHQ XQG JHIOHFNWH 6FKDIH VHOEVW ZHQQ GLHVH ,G\OOH IDOVFK ZDU XQG HLQHU QlKHUHQ 3UIXQJ QLFKW VWDQGKLHOW VR ZDUHVGRFKHLQDXJHQIlOOLJHU8QWHUVFKLHG]XDOOGHPGDVZLUYHUODVVHQKDWWHQ ,FKKDOI&KDULVGLHMXEHOQGEHJUWZXUGHDXVGHP%RRW Ä:LUEOHLEHQKLHUVRODQJHHVP|JOLFKLVWVDJWHLFK]XIULHGHQÄ(UVWHLQPDOZLOOLFKVFKODIHQ RKQHXQWHU'HFNHQ0lQWHOQXQG)HOOHQEHJUDEHQ]XVHLQ 6HLW ZLU GLH 0QGXQJ GHV )OFKHQV HQWGHFNW KDWWHQ YHUlQGHUWH VLFK GDV :HVHQ GLHVHU HLQ]LJDUWLJHQ MXQJHQ )UDX 6LH ZXUGH OHEKDIWHU VLH VFKLHQ PLW MHGHP ZHLWHUHQ 6RQQHQVWUDKO MQJHU]XZHUGHQVFKLHQPHKUXQG

PHKU ]X YHUJHVVHQ ZDV KLQWHU XQV ODJ ILHO LPPHU ZLHGHU LQ GLH 6SUDFKH GLHVHV /DQGHVWHLOV ]XUFNYHUKLHOWVLFKDOVZlUHVLHOHLFKWEHWUXQNHQ,FKVFKZLHJDEHULFKIKOWHZLHVLFKQLFKW QXU PHLQ %HJHKUHQ VWHLJHUWH ,FK ZXWH GD LFK DOOHV GD]X WDW PLFK YHU]DXEHUQ ]X ODVVHQ DEHULFKGDFKWHQLFKWGDUDQPLFKGDJHJHQ]XZHKUHQ Ä:LHYLHOH0HQVFKHQOHEHQKLHU"IUDJWH3WDKLQWHUHVVLHUWXQGEUDFKWHPLFKZlKUHQGXQVGLH EHJHLVWHUWH 0HQJH ]X HLQHP IODFKHQ +DXV PLW NOHLQHQ 7HUUDVVHQ HVNRUWLHUWH DXI GHQ %RGHQ GLHVHUQHXDUWLJHQ:HOW]XUFN Ä8QJHIlKU HLQWDXVHQG 8QG XP GHLQH QlFKVWH )UDJH ]X EHDQWZRUWHQ LFK NHQQH VLHEHQ 6SUDFKHQ ,FK OHUQWH VLH YRQ GHQ KDQGHOQGHQ 6HHOHXWHQ HUZLGHUWH &KDULV XQG ]HLJWH LQ GLH 5LFKWXQJGHV.DXIIDKUHUV 3WDKVWUDKOWHVLHPLWVHLQHPEUHLWHVWHQXQGRIIHQHQ/lFKHOQDQXQGYHUVLFKHUWHHKUOLFK Ä(V LVW IU PLFK XQP|JOLFK QRFK PHKU YRQ GLU EHHLQGUXFNW ]X ZHUGHQ WHXHUVWH &KDULV 'X VROOWHVWGHLQH$XIPHUNVDPNHLWPHKUGHP:HLKDDULJHQVFKHQNHQGHUYRU%HJHLVWHUXQJVHLW HLQHP7DJEHUHLWVVFKLHOW 'DQNHQVZHUWHUZHLVHVSUDFKHUVROHLVHGDGLHMXEHOQGH0HQJHHVHEHQVRZHQLJYHUVWDQGZLH GLHSKRLQLNLVFKHQ+lQGOHUGLHHVYRU]RJHQVLFKLP6FKDWWHQDXI]XKDOWHQ Ä6FKXIWVDJWHLFK(UJULQVWHPLU]X 'LH%HY|ONHUXQJYRQ&KDULV NOHLQHP5HLFKVFKLHQGDV]XVHLQZDVKDOEZHJV]XWUHIIHQGDOV ÄIU|KOLFKHV9|ONFKHQEH]HLFKQHWZHUGHQNRQQWH3WDKXQGLFKLQXQVHUHQ5VWXQJHQXQGPLW DOOXQVHUHU$XVUVWXQJPXWHQLKQHQZLHVHOWVDPH$EJHVDQGWHHLQHUJlQ]OLFKDQGHUHQ:HOW YRUNRPPHQ 'HU8PVWDQGGDNLFKHUQGH'LHQHULQQHQGLH7UHQGHV+DXVHVPLWGHQKHOOHQ:lQGHQYRU XQV|IIQHWHQEHUXKLJWHXQV=XIULHGHQ"IUDJWHGHU/RJLNVHNWRUDOV0lGFKHQXQG MXQJH 0lQQHU GLH 5VWXQJHQ XQG GLH :DIIHQ DXV XQVHUHQ +lQGHQ ULVVHQ GDYRQVFKOHSSWHQ XQGKHOOH5lXPHPLWOHLFKWHQ0|EHOQXQGGQQHQ9RUKlQJHQ]HLJWHQGLHLPZDUPHQ:LQG VFKZDQNWHQ'HU*HJHQVDW]ZDUDXIIDOOHQGZLUEHIDQGHQXQVLQHLQHP+DXVGHVVHQ6WLOYRQ &KDULVJHSUlJWZXUGHQLFKWYRQHLQHPEURQ]H]HLWOLFKHQ0LQRRV Ä,FK JODXEH VDJWH LFK QDFK HLQHU :HLOH ODXW ÄLFK IKOH PLFK ]XP HUVWHQPDO VHLW .QRVVRV ZRKO 8QEHPHUNW ZDU &KDULV LQ GHQ 5DXP JHNRPPHQ 6LH NDP KLQWHU PLU KHU DXI GLH NOHLQH 7HUUDVVH PLW GHP %RGHQ DXV ZHLHP ZDUPHQ 6DQG GLH LQ GHQ *DUWHQ KLQDXVIKUWH ,FK VSUWHLKUH+DQGDXIPHLQHU6FKXOWHUXQGGUHKWHPLFKODQJVDPKHUXP Ä,FKZHUGHWXQZDVLFKNDQQGDPLWGXGLH7DJHKLHUQLFKWYHUJLWVDJWHVLHXQGIJWHQDFK HLQHP$XJHQEOLFNKLQ]XÄ8QGGLH1lFKWH Ä1LHPDQGZHLZLHYLHO7DJHXQVQRFKEOHLEHQDQWZRUWHWHLFK6LHQLFNWHXQGJHVWDQG Ä3WDKVSUDFKPLWPLU(UVDJWHGDHXHUPHUNZUGLJHU+HUUVFKHUHXFKHLQIDFKYHUVFKZLQGHQ OlW Ä3WDKLVWHLQ6FKXUNHXQGPHLQ)UHXQG/HLGHUKDWHUUHFKWVDJWHLFKÄ9LHOOHLFKWKDEHQZLU HLQH+DQGYROO7DJHYROOHU6RQQHXQGHLQSDDU1lFKWHGLHQXUXQVJHK|UHQ 6LHOHKQWHVLFKOHLFKWDQPHLQH6FKXOWHUXQGIOVWHUWH Ä+HXWHZLUGHVGLHHUVWH1DFKWVHLQ$WODQ Ä'LH 6RQQH VLQNW VDJWH LFK XQG GHXWHWH DXI GDV *HVWLUQ +LQWHU GHQ 6FKlIWHQ GHU 3DOPHQ ORGHUWH VLH ZLH JHWULHEHQHV *ROG ,FK KDWWH GDV *HIKO GLH 6RQQH KHXWH ]XP HUVWHQPDO ]X VHKHQ 'XEHUWUHLEVWVDJWHGHU/RJLNVHNWRU ,FKODFKWHNXU]]RJ&KDULVDQPLFKXQGPHLQWH Ä,FK ELQ HEHQVR HLQ :HUN]HXJ GLHVHV XQVLFKWEDUHQ +HUUVFKHUV ZLH ZLU :HUN]HXJH GHV 2UDNHOVJHZHVHQZDUHQ9HUVXFKHQZLUDXVXQVHUHU/DJHGDV%HVWH]XPDFKHQ.HLQHUNDQQ DKQHQZLHODQJHHVGDXHUWXQG EHUKDXSWHVLVWJOHLFKJOWLJ*LEWHVLQGHLQHPHEHQHUGLJHQ3DODVWHLQHQ%HFKHU:HLQIU HLQHQVDO]YHUNUXVWHWHQ6HHIDKUHU"

6LH ODFKWH ODXW DXI 'LHVHV /DFKHQ EUDFK GHQ %DQQ GHQ LFK LQ GHU VNHSWLVFKHQ 6LFKW GHU QlKHUHQ=XNXQIWDXIJHEDXWKDWWH&KDULVOLHIDXIQDFNWHQ6RKOHQGXUFKGHQ5DXPULHIHLQLJH :RUWH'LHVHOEHQ0lGFKHQGLHXQVHUH.DPSIEHLOHXQG+HOPHZHJJHWUDJHQKDWWHQEUDFKWHQ KHOOURWHQZXQGHUEDUNKOHQ:HLQ 3WDKVFKLHQYHUVFKZXQGHQ]XVHLQDEHULFKNRQQWHVLFKHUVHLQGDHUEHUHLWVYHUVXFKWHVHLQH :DKO]ZLVFKHQGHQ6FK|QHQGLHVHU6LHGOXQJ]XWUHIIHQhEHUGHQ5DQGXQVHUHU%HFKHUVDKHQ &KDULVXQGLFKXQVVFKZHLJHQGLQGLH$XJHQ:LUEUDXFKWHQNHLQH:RUWHPHKU]XYHUOLHUHQ ZLUZXWHQZDVGLHQlFKVWHQ6WXQGHQIUXQVEHGHXWHWHQ ,QGHU1DFKWODJHQZLUVFKZHLJHQGQHEHQHLQDQGHU ,FKZDJWHQLFKW]XKRIIHQGDVLFKGLHVH6WXQGHQZLHGHUKROWHQ1DWUOLFKKRIIWHLFKHV:LU ZXWHQGDHVMHGHU]HLWVRNRPPHQNRQQWHZLH3WDKHVJHVDJWKDWWH(6EHVFKORXQVQDFK HUOHGLJWHP $XIWUDJ XQG PLW 6LFKHUKHLW DQ HLQHP $XJHQEOLFN DQ GHP ZLU HV DP ZHQLJVWHQ HUZDUWHWHQ YRQ GHU 2EHUIOlFKH GHV %DUEDUHQSODQHWHQ YHUVFKZLQGHQ ]X ODVVHQ 8QV GLH 3DODGLQH GHU 0HQVFKKHLW GLH 9HUWHLGLJHU GHU )UHLKHLW XQG ZDV HV DQ VROFK KRFKWUDJHQGHQ %H]HLFKQXQJHQQRFKJHEHQPRFKWH :DVLPPHUZLUWXQZUGHQGLHVHU$XJHQEOLFNZUGHNRPPHQ *OHLFK]HLWLJZDUGLHVHV(QGHGHU$QIDQJYRQHWZDV1HXHPGHQQGLH/l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lKUHQG PLFK GDV %HZXWVHLQ YHUOLH YHUIOXFKWHLFK(6XQGVHLQJUDXVDPHV6SLHOPLWXQVXQGGLHVHP3ODQHWHQ (1'(