Landung im Reich Mueragbutos

'DVQHXH$EHQWHXHU

2WWR(PHUVOHEHQ /DQGXQJLP5HLFK0XHUDJEXWRV 9HUODJ1HXHV/HEHQ%HUOLQ 9E\'XPPH3XWH

,OOXVWUDWLRQHQYRQ0LFKDHO*XQGHUPDQQ ‹9HUODJ1HXHV/HEHQ%HUOLQ /L]HQ]1U /69 8PVFKODJ0LFKDHO*XQGHUPDQQ 7\SRJUDILH:DOWHU/HLSROG 6FKULIWS7LPHV *HVDPWKHUVWHOOXQJ 'UXFNHUHL1HXHV'HXWVFKODQG%HUOLQ %HVWHOO1U ''50

'LH :DFKH DQ %RUG GHU IUDQ]|VLVFKHQ +HXWH Ä(WRLOH³ VFKOXJ GLH OHW]WHQ *ODVHQ YRU 7DJHVDQEUXFK 'DV 6FKLII DQNHUWH LQ NQDSS ]ZHL .DEHOOlQJHQ $EVWDQG ]XU N|QLJOL FKHQ)UHJDWWHÄ%RXGHXVH³YRUHLQHPIHOVLJHQ8IHU,QGHU NXU]HQ 'lPPHUXQJ GLHVHV 6GVHHPRUJHQV WDXFKWH SO|W] OLFK NODU XPULVVHQ GDV .DS DXV GHP )UKGXQVW DXI GDQQ ZXFKVHQ GLH )HOVQDGHOQ ]X EHLGHQ 6HLWHQ GHV VFKPDOHQ 6DQGVWUDQGHV HPSRU XQG HLQH ORFNHU JHVWDIIHOWH 'UDSHULH DXV .RNRVSDOPHQ XQG %URWElXPHQ EUHLWHWH VLFK DXV EHUUDJW YRQ XQGXUFKGULQJOLFKHP :DOG VWHLOHQ )HOVDE VWU]HQ XQG GHP .UDWHUUDQG HLQHV HUORVFKHQHQ 9XONDQV ZHOFKHUGHU,QVHOZLHHLQH]HUEU|FNHOWH.URQHDXIODVWHWH $XIHLQPDOZDU GLH 6RQQH GD EHUJR‰ .DS 1DGHONOLS SHQ XQG .UDWHU PLW HLQHP 6FKZDOO 0RUJHQKHOOLJNHLW XQG OLH‰GLH6HHY|JHODXIIDKUHQGLH]XU1DFKWDXI5DKHQXQG .OYHUEDXP DXVJHUXKW KDWWHQ ,KU *HNUHLVFK VFKROO DOV ODXWHU 0RUJHQJUX‰ ]XU .VWH GHU ,QVHO KLQ XQG PDQ PHLQWH JOHLFKVDP DOV $QWZRUW DXFK GRUW 9RJHOUXIH ]X YHUQHKPHQ'LHVZDUDEHUXQP|JOLFKGHQQGDV5ROOHQGHU %UDQGXQJVFKOXFNWHMHGHV*HUlXVFK /HXWQDQW&DUREHUHLWHWHGLHhEHUJDEH YRU (U WUXJ VHLQH 0HOGXQJ LQ GDV :DFKMRXUQDO HLQ XQG O|VFKWH GLH /DPSH 'LH1DFKWZDURKQHEHVRQGHUH9RUNRPPQLVVHYHUODXIHQ 6HLW HU YRU JXW IQI]HKQ 0RQDWHQ GLH +HLPDW PLW GHP )OHXWVFKLII YHUODVVHQ KDWWH ZDU VHLQH (ULQQHUXQJ DQ GHQ 7DJHVDQEUXFK LQ )UDQNUHLFK VFKZlFKHU XQG VFKZlFKHU JHZRUGHQ ² GLH ODQJHQ 'lPPHUXQJHQ GLH VWUPLVFKHQ JUDXHQ7DJHVDQIlQJHGHUNDOWHQ-DKUHV]HLWGHQHQHUVWMHW]W LP0DLIUHXQGOLFKHUH6WXQGHQIROJWHQ+LHULQGHU6GVHH ZDUDOOGDVDQGHUVKLHUVFKLHQLPPHUXQGVWlQGLJ0DL]X VHLQ KLHU EHJDQQ MHGHU 0RUJHQ ZLH PLW HLQHP 7URPSH WHQVWR‰ DEHU DXFK GDUDQ JHZ|KQWH PDQ VLFK 8QG DP

$EHQG PX‰WH HLQ VROFKHU 6GVHHWDJ VLFK MHGHVPDO GLH )UDJHJHIDOOHQODVVHQREHUGDVPLWGHP6LJQDOGLHVHVVR XQYHUPLWWHOW DQJHEURFKHQHQ 0RUJHQV KLQDXVSRVDXQWH 9HUVSUHFKHQ DXI HLQHQ DX‰HURUGHQWOLFKHQ 7DJ DXFK JHKDO WHQKDWWH'DVZDUHLJHQWOLFKQXUDXI7DKLWLGHU)DOOJHZH VHQ7DKLWL²MDGRUWHUOHEWHPDQWDWVlFKOLFKMHGHQ7DJDOV HWZDV $X‰HURUGHQWOLFKHV XQG %HVRQGHUHV XQG PDQ JHULHW LPQDFKKLQHLQOHLFKWLQV7UlXPHQ /HXWQDQW&DURVFKOR‰GDV:DFKMRXUQDOXQGWUDWDQ'HFN (LQH OHLFKWH %ULVH YRP /DQG KHU ZDU ]X VSUHQ &DUR HPSIDQGVLHDOVDQJHQHKPQDFKGHQHUPGHQGHQ6WXQGHQ GHV'LHQVWHV1XQKDWWHHUVLFKQXUQRFKHLQHUDOOHUOHW]WHQ 3IOLFKW ]X HQWOHGLJHQ XQG DOV HU YRU GDV DP %HVDQPDVW IHVWJHVFKUDXEWH7KHUPRPHWHUWUDWXPGHQ6WDQGGHUEODX JHIlUEWHQ $ONRKROVlXOH DE]XOHVHQ EHNDQQWH GHU /HXWQDQW YRUVLFKVHOEVWGD‰ZLHGHUHLQPDOQLFKWYLHOJHIHKOWKlWWH LKQ GLHVH 0HVVXQJ YHUJHVVHQ ]X ODVVHQ :DV KDW $ONRKRO DXFKLQ7KHUPRPHWHUQ]XVXFKHQGDFKWH&DURYHUGURVVHQ 8QJHZ|KQOLFK ZDU QLFKW QXU GLH +|KH GHU 7HPSHUDWXU GLHHUDEODVWURW]GHU %ULVHXQGWURW]GHUIUKHQ 0RUJHQ VWXQGH XQJHZ|KQOLFK ZDU GHU JDQ]H 9RUJDQJ DXFK QRFK QDFK VR KlXILJHU :LHGHUKROXQJ DXI GLHVHU 5HLVH GD‰ QlPOLFKHLQN|QLJOLFKHU/HXWQDQWDXIHLQHPIUDQ]|VLVFKHQ 6HJOHU ]X VHLQHQ :DFKREOLHJHQKHLWHQ ]lKOHQ PX‰WH GLH /XIWWHPSHUDWXUDE]XOHVHQ=ZDU²LQV:DFKEXFKJHK|UWH VLH QLFKW QHLQ GDV QXQ GRFK QLFKW 9LHOPHKU KDWWH HU GLH :HUWH ² XQG GDPLW ZlUH VHLQH :DFKH GDQQ ZLUNOLFK EHHQGHW XQG HU N|QQWH GHQ 'LHQVW EHUJHEHQ ² WlJOLFK GHQ +HUUHQ &RPPHUVRQ XQG 9pURQ ]X PHOGHQ GLHVHQ VHOWVDPHQ9|JHOQYRQGHQHQMHGHUDQ%RUGZX‰WHGD‰VLH QRFK JDQ] DQGHUHQ XQQW]HQ .UDP VDPPHOWHQ XQG DXI VFKULHEHQDOVGLH7HPSHUDWXUDQHLQHPEDOGVFKRQYHUJHV

VHQHQ0RUJHQ 'HU/HXWQDQWVWLHJXQWHU'HFNZRGLHEHLGHQ+HUUHQPLW HLQHP 'LHQHU &RPPHUVRQV LQ HLQHP JHPHLQVDPHQ /RJLV KDXVWHQ'LHVHU5DXPZDUPLW%FKHUQXQG3IODQ]HQDOEHQ XQG 6FKPHWWHUOLQJVQHW]HQ XQG 9pURQV DVWURQRPLVFKHQ 8WHQVLOLHQGHUDUWYROOJHVWRSIWGD‰&DURVLFKVWHWVJHVFKHXW KDWWH KLHU HLQ]XGULQJHQ ² ZRKO DXV $QJVW EHU DXVJH EUHLWHWH $WODQWHQ XQG 6DPPHOPDSSHQ ]X VWROSHUQ 1HLQ GLH:HOWHLQHVN|QLJOLFKIUDQ]|VLVFKHQ6HHOHXWQDQWVVDKGD GRFKDQGHUVDXV(LQ/HXWQDQWYHUVWDQGHV2UGQXQJLQVHL QHU .DPPHU ]X KDOWHQ DXFK ZHQQ GHU 3ODW] QRFK VR EH HQJWZDU(LQ)OHXWVFKLIIZDUVFKOLH‰OLFKQLFKWGDV6FKOR‰ YRQ 9HUVDLOOHV 2KQH 2UGQXQJ GHU 'LQJH NHLQH 2UGQXQJ LP .RSI 6R HLQIDFK ZDU GDV $EHU ZLH NlPH HU GD]X GLHVHQ/DQGUDWWHQXQG=LYLOLVWHQGDVEHL]XELHJHQ .DXPKDWWH&DURJHNORSIWZXUGHGLH7UJH|IIQHWÄ$K XQVHU0RUJHQZHUW³YHUQDKPGHU/HXWQDQWLP+LQWHUJUXQG &RPPHUVRQV URVWLJH 6WLPPH 8QG REJOHLFK LKP NXU] GHU *HGDQNH NDP GHU NRPLVFKH %OXPHQIlQJHU ZROOH VLFK EHU LKQ OXVWLJ PDFKHQ PLW GLHVHU %H]HLFKQXQJ KDWWH HU VHOEVW QLFKW DXFK VFKRQ HLQ )UDXHQ]LPPHU PHLQHQ 6Q GHQIDOO JHQDQQW"  EHUPLWWHOWH HU NQDSS XQG SUl]LVH GLH $QJDEH GLH HU YRP %HVDQPDVW PLWEUDFKWH 6HLQ %OLFN HUID‰WH GDEHL GLH .DPPHU GLH KHXWH DXIJHUlXPWHU VFKLHQ DOV VRQVW ZDV DEHU ZRKO QLFKW ]X YHUZXQGHUQ EUDXFKWH GHQQ GHU 'LHQHU -HDQ GHU LKP VWHWV |IIQHWH ZDU VLFKHU VFKRQ HLQLJH =HLW DXI GHQ %HLQHQ 8QG -HDQ GDV ZX‰WH &DUR ZDU GDV HLQ]LJH RUGQXQJOLHEHQGH (OHPHQW LQ GLHVHU 'UHLHUNODXVH 'DV JDOW DXFK IU GHQ 'LHQVW DQ 'HFN ]X GHP HU VLFK IUHLZLOOLJ HLQWHLOHQ OLH‰ %HLP 6FKUXEEHQ GHU 3ODQNHQZLHEHLP%HOHJHQHLQHU/HLQHPDFKWH-HDQPDQFK HLQHP6HHPDQQQRFK HWZDVYRUXQG DOV&DURGHQ'LHQHU

HLQPDOEHLP.DOIDWHUQHLQHUXQGLFKWJHZRUGHQHQ6WHOOHDQ 'HFNEHREDFKWHWKDWWHZDUHUEHUGHVVHQ)LQJHUIHUWLJNHLW XQGJHVFKLFNWHV+DQWLHUHQPLW.DOIDWHLVHQXQG+RO]VFKOl JHO LQ (UVWDXQHQ JHUDWHQ 'DUXP VWXW]WH HU QLFKW DOV HU KHXWH GLH 0DSSHQ JHVWDSHOW QHEHQ GHU 7U XQG %FKVHQ XQG6FKlFKWHOFKHQDQHLQDQGHUJHUHLKWDXIHLQHP:DQGERUG OLHJHQVDK'LH+lQJHPDWWHLQGHU-HDQVFKOLHIZDUDEJH QRPPHQ XQG QXU GLH +HUUHQ 1DWXUIRUVFKHU IOl]WHQ VLFK QRFKLQLKUHQ.RMHQ /HXWQDQW&DURVDK&RPPHUVRQGHQ JHQDQQWHQ :HUW QR WLHUHQGDQQPDFKWHHUDXIGHP$EVDW]NHKUW Ä:ROOHQ6LHQLFKWPLWXQVIUKVWFNHQ+HUU /HXWQDQW"³ K|UWH HU -HDQ KLQWHUKHUUXIHQ XQG REJOHLFK HU GLH 6WLPPH GHV 'LHQHUV VHLW EHU HLQHP -DKU NDQQWH EHUKUWH VLH LKQ DQ GLHVHP 0RUJHQ DXI HLQH VHOWVDPH :HLVH +lWWH DOOHU GLQJV MHPDQG GHQ /HXWQDQW /RXLV &DUR GDQDFK JHQDXHU EHIUDJW²HUZlUHZRKOXPHLQH$QWZRUWYHUOHJHQJHZH VHQ HU ZX‰WH HV QLFKW HLQPDO VLFK VHOEVW ]X HUNOlUHQ Ä1HLQGDQNHLFKPX‰QRFKGLH:DFKHEHUJHEHQ³VDJWH HU XQG WURW] GHU 6FKQHOOLJNHLW GLHVHU (QWJHJQXQJ NODQJ ZHQLJHU)RUVFKKHLWGDULQPLWDOVEHLGHUhEHUPLWWOXQJGHV 0RUJHQZHUWHVÄ(VLVWGRFKDOOHVIUPHLQHKHXWLJH([NXU VLRQ DXI GLH ,QVHO EHUHLW /HXWQDQW"³ KDWWH GD DXFK +HUU &RPPHUVRQ QRFK HLQH )UDJH XQG &DUR EHHLOWH VLFK GLHV ]X EHVWlWLJHQ ,KP MHGHQIDOOV VHL QLFKWV *HJHQWHLOLJHV EHNDQQWJHZRUGHQ 'DQQJLQJHUHQGJOWLJ 9RU HLQHU :RFKH QRFK DOV VLH GLH ,QVHO JHUDGH HUUHLFKW KDWWHQZlUHHV/HXWQDQW&DURQLFKWLP7UDXPHLQJHIDOOHQ HLQH (LQODGXQJ ]XP )UKVWFN DE]XOHKQHQ $E]XOHKQHQ QXU GHVKDOE ZHLO LKP 8PJHEXQJ XQG )UKVWFNVJHVHOO VFKDIW QLFKW SD‰WHQ $EHU HU KlWWH YHUJHEOLFK DXI HLQH

VROFKH (LQODGXQJ JHZDUWHW 6NRUEXW XQG $XV]HKUXQJ KDWWHQ LKQHQ NUlIWLJ ]X VFKDIIHQ JHPDFKW LQ GHP UHLFKOL FKHQ 0RQDW GHU hEHUIDKUW YRQ 7DKLWL ELV DQ GLHVHV QHXH *HVWDGH 1LHPDQG ZDU PHKU ZlKOHULVFK ² ZHGHU LP +LQEOLFNDXIGDVZDVHUD‰QRFKPLWZHPHUHVHLQQDKP =DKQDXVIDOO XQG 0XQGIlXOH KDWWHQ YHUJHVVHQ ODVVHQ RE HLQHUYRUGHP0DVWIXKURGHUEHLP.DSLWlQDP7LVFKVD‰ $XFK GLH 2IIL]LHUH NDQQWHQ DOV IULVFKHV )OHLVFK QXU QRFK GLHDEJHEDOJWHQ.|USHUGHU6FKLIIVUDWWHQGHQHQGLH0lQ QHU LP .DEHOJDWW XQG LQ GHU VWLQNHQGHQ %LOJH XQWHU GHQ %RGHQZUDQJHQQDFKVWHOOWHQ 1XQ DEHU KDWWHQ .RNRVPLOFK *HIOJHO XQG -DPVZXU ]HOQGLHVLHLQUHLFKOLFKHP0D‰HYRQGHQ,QVHOEHZRKQHUQ HUKLHOWHQ IDVW DOOH ZLHGHU DXI GLH %HLQH JHEUDFKW 8QG HV KLH‰ .DSLWlQ %RXJDLQYLOOH VHL HQWVFKORVVHQ HUVW GDQQ ZHLWHU]XVHJHOQ ZHQQ DXFK GHU OHW]WH 0DQQ VLFK HUKROW KDEHXQGRKQH%HGHQNHQQHXHUOLFKHQ6WUDSD]HQDXVJHVHW]W ZHUGHQN|QQH :LHGHU DQ 'HFN ² LQ (UZDUWXQJ VHLQHU $EO|VXQJ ² VFKDXWHGHU/HXWQDQW]XUÄ%RXGHXVH³KLQEHU(UVDKGD‰ DXI GHU )UHJDWWH VFKRQ 9RUEHUHLWXQJHQ IU GLH )DKUW GHU 7DJZDFKHDXIGLH,QVHOJHWURIIHQZXUGHQGLHGLH)RUVFKHU EHJOHLWHQ VROOWHQ /RXLV$QWRLQH GH %RXJDLQYLOOH KDWWH *UR‰HV YRU EHL GLHVHU HUVWHQ IUDQ]|VLVFKHQ :HOW XPVHJOXQJ (V JDOW QLFKW QXU GRUW )ODJJH ]X ]HLJHQ ZR ELVKHUDXVVFKOLH‰OLFKKROOlQGLVFKHEULWLVFKHXQGVSDQLVFKH 6FKLIIHGDV6GPHHUEHIDKUHQKDWWHQ9ROO6WRO]EOLFNWHHU LQ GHQ 6SLHJHO QHEHQ GHU .DMWHQWU )UDQNUHLFK ZDU LP JHUDGH HUVW EHHQGHWHQ 6LHEHQMlKULJHQ .ULHJ DOO VHLQHU %HVLW]XQJHQ LQ .DQDGD XQG 2VWLQGLHQ DQ (QJODQG YHUOX VWLJJHJDQJHQXQGZHQQGDIUEHUKDXSWHLQ(UVDW]GHQN EDU ZDU GDQQ QDWUOLFK QLFKW GXUFK HLQ SDDU ,QVHOQ LU

JHQGZRLQGHU6GVHH:DV)UDQNUHLFKEUDXFKWHZDUHLQH %HVLW]HUJUHLIXQJ JDQ] DQGHUHU *U|‰HQRUGQXQJ ZDU GLH (QWGHFNXQJGHVOHW]WHQQRFKQLFKWYRQ(XURSlHUQHUREHU WHQ.RQWLQHQWV

=X QLFKWV *HULQJHUHP ZDU %RXJDLQYLOOH PLW VHLQHU ([ SHGLWLRQ DXIJHEURFKHQ KDWWH HU $QIDQJ  GLH 0DJHO ODQ6WUD‰HJOFNOLFKGXUFKVHJHOWXQGPLWGHPOHW]WHQ%OLFN DXI 6GDPHULNDV .VWH HQGJOWLJ GLH 9HUELQGXQJ ]XU ELVODQJ EHNDQQWHQ :HOW DEJHEURFKHQ 1XQ KDOIHQ LKP NHLQH6HJHOKDQGEFKHUXQGNHLQH.DUWHQPHKUZHLWHUQXQ KDOIDOOHLQGDV*OFNGHV(QWGHFNHUV 'D‰ HV GHQ JHVXFKWHQ .RQWLQHQW GRUW DXI GHU VGOLFKHQ +DOENXJHOJDEMDGD‰HVLKQJHEHQPX‰WHHUVFKLHQ%RX JDLQYLOOH ]ZHLIHOVIUHL VHLW HU DOV MXQJHU 0DWKHPDWLNHU GLH 6FKULIWHQ GHU DQWLNHQ .RVPRJUDSKHQ VWXGLHUW KDWWH :DU GLH(UGHHLQH.XJHO²XQGGDVJDOWDOVEHZLHVHQVHLWYRU EDOG ]ZHLHLQKDOE -DKUKXQGHUWHQ 0DJHOODQV 6FKLII Ä9LFWR

ULD³VLH]XPHUVWHQPDOHUIROJUHLFKXPVHJHOWKDWWH²GDQQ KLHOW VLFK GLHVH .XJHO QXU GXUFK /DQGPDVVHQ VGOLFK GHV bTXDWRUV LP *OHLFKJHZLFKW PLW GHU $OWHQ :HOW /DQGPD VVHQ PLW GHU $XVGHKQXQJ HLQHV JHZDOWLJHQ .RQWLQHQWV GHVVHQ (QWGHFNXQJ XQG ,QEHVLW]QDKPH )UDQNUHLFK IU GLH 9HUOXVWHLPOHW]WHQ.ULHJUHLFKOLFKHQWVFKlGLJHQZUGHQ $EHU ² ZHQQ HV LKQ QXQ GRFK QLFKW JDE GLHVHQ 6G NRQWLQHQW" :HQQ GLH hEHUOHJXQJHQ GLH LKQ VR ]ZLQJHQG YHUODQJWHQ XQULFKWLJ ZDUHQ" :HQQ GLH (UGH DXFK RKQH Ä*HJHQJHZLFKW³QLFKWXPNLSSWH"1DFKGHQNOLFKJHZRUGHQ GXUFKGDVDXIPHUNVDPH6WXGLXPGHUELVKHUVWHWVHUIROJORV YHUODXIHQHQ 6XFKH[SHGLWLRQHQ YRQ %ULWHQ 6SDQLHUQ XQG +ROOlQGHUQ KDWWH GHU YRUVLFKWLJH %RXJDLQYLOOH DXFK GLHVH )UDJHQHUZRJHQ8QGHUZDU]XGHU$QWZRUWJHODQJWGD‰ VHOEVW HLQH QHJDWLYH /|VXQJ GHV 6GODQGSUREOHPV HLQH JXWH/|VXQJZlUH'LH*HOHKUWHQ(XURSDVZUGHQDXFKVLH PLW ,QWHUHVVH DXIQHKPHQ :LH HLQ 9DPSLU VRJ MHGH QHXH (UNHQQWQLV GDV %OXW DXV DOWHQ ELVODQJ IU VLFKHU JHKDOWH QHQ/HKUPHLQXQJHQ %RXJDLQYLOOHZDUVHLQHP.|QLJGDQNEDUGD‰HULKQDXV HUNRUHQ XQG EHDXIWUDJW KDWWH LQ )UDQNUHLFKV 1DPHQ GHU :HOW HLQH $QWZRUW DXI GLH )UDJH QDFK ([LVWHQ] RGHU 1LFKWH[LVWHQ]GHV6GNRQWLQHQWV]XJHEHQ (LQ OHW]WHU SUIHQGHU %OLFN LQ GHQ 6SLHJHO GDQQ OHJWH %RXJDLQYLOOHVHLQH+DQGDXIGLH.OLQNH Ä9HUJDWWHUXQJ³VFKDOOWHHVEHUGDV'HFNGHUÄ%RXGHX VH³&KHYDOLHUGH%RXUQDQGGHUGLH]XP$XVERRWHQDQJH WUHWHQH:DFKDEWHLOXQJEHIHKOLJWH SUlVHQWLHUWH GHQ 'HJHQ (UEOLFNWHKLQEHU]XU7UGHU.DSLWlQVNDMWHGLHVLFKLQ GLHVHP 0RPHQW |IIQHWH XQG ZDU YRQ 6WRO] HUIOOW -D .DSLWlQ %RXJDLQYLOOH KLHOW DXI 3QNWOLFKNHLW DXFK ZHLW

HQWIHUQWYRQGHU+HLPDW (UPHOGHWH%RXJDLQYLOOHGDQNWHPLWHLQHP.RSIQLFNHQ VWHOOWH VLFK GDQQ YRU GDV 'XW]HQG DQJHWUHWHQHU 0DWURVHQ XQG6HHVROGDWHQXQGPXVWHUWHMHGHQHLQ]HOQHQ Ä0lQQHU³EHJDQQHUVFKOLH‰OLFKÄLKUKDEWDQ/DQGHLQH ZLFKWLJH $XIJDEH ]X HUIOOHQ :LH VFKRQ DQ GHQ 7DJHQ ]XYRUPX‰GLH=HLWJHQXW]WZHUGHQXPXQVXQGGLH/HXWH YRQGHU(WRLOHå PLWIULVFKHQ 1DKUXQJVYRUUlWHQ]XYHUVRU JHQ 1RFK LVW HV ZHLW ELV QDFK )UDQNUHLFK XQG QLHPDQG ZHL‰ ZDV XQV DOOHV EHYRUVWHKW HKH ZLU GLH +HLPDW HUUHL FKHQ³ :LH HU GRUW VWDQG LQ VHLQHP WDGHOORV VLW]HQGHQ .DSLWlQVURFN PLW GHQ JROGHQHQ EOLW]HQGHQ .Q|SIHQ XQG GHU6WLFNERUWHPLWGHUIULVFKJHSXGHUWHQ3HUFNHXQGGHP HOHJDQWHQ 6SLW]HQNUDJHQ OLH‰ HU GHQ &KHYDOLHU GH %RXUQDQG ZHKPWLJ DQ GHQ 7DJ ]XUFNGHQNHQ GD VLH EHLGH EHL +RIH JHZHVHQ ZDUHQ XP GLH ,QVWUXNWLRQHQ IU GLH ([SHGLWLRQ HQWJHJHQ]XQHKPHQ :DV IU =HLWHQ KDWWHQ VLH VHLWKHU HUOHEW ZHOFK VWUPLVFKH 7DJH LP $WODQWLN XQG GDQQDXIGHP6GPHHU« Ä,KUZHUGHWDQ/DQGZLHDQGHQ7DJHQ]XYRUDXIGHU+XW VHLQ PVVHQ YRU GHQ EUDXQKlXWLJHQ ,QVXODQHUQ 'HQQ REZRKOVLHXQVELVKHULQ5XKHJHODVVHQKDEHQGLH7HXIHO UDWH LFK HXFK LKQHQ QLFKW EHU GHQ :HJ ]X WUDXHQ $EHU GHQNWDXFKGDUDQ:DVN|QQHQGLHVH,QVHOEHZRKQHUVFKRQ PLW3IHLOXQG%RJHQJHJHQIUDQ]|VLVFKH)OLQWHQDXVULFKWHQ XQG ² NlPH HV ZLUNOLFK ]X JU|‰HUHQ $XVHLQ DQGHUVHW]XQJHQ² JHJHQIUDQ]|VLVFKH 6FKLIIVJHVFKW]H"³ %RXJDLQYLOOH EOLFNWH GHQ 0lQQHUQ GHU 5HLKH QDFK LQV *HVLFKW'DQQVSUDFKHUZHLWHUÄ6HHOHXWH9HUJH‰WEHLGHU JHERWHQHQ 8PVLFKW XQG (LOH GLH 1HXJLHU QLFKW ZHOFKH MHGHP $QJHK|ULJHQ HLQHU ([SHGLWLRQ ZLH GHU XQVHUHQ DQ HLQHP IUHPGHQ 8IHU JXW ]X *HVLFKW VWHKW 'HQQ ZHU VDJW

XQVGHQQREGLHVH,QVHOQLFKWEHUHLWVGHP6GODQGYRUJH ODJHUW LVW XQG ZLU XQVHUHP =LHO QLFKW VFKRQ JDQ] QDKH VLQG³ ,Q 9HUVDLOOHV KDWWH PDQ LKP IU ]ZHL -DKUH )ULHGHQ JD UDQWLHUW VRZRKO PLW (QJODQG DOV DXFK PLW 6SDQLHQ $EHU GLHVH ]ZHL -DKUH ZDUHQ EDOG XP ² VHOEVW ZHQQ VLH QLFKW DXI GDV 6GODQG VWLH‰HQ 8QG GDQQ EHNlPHQ VLH HV QLFKW PHKU PLW XQEHZDIIQHWHQ $XVOHJHUERRWHQ ]X WXQ EHL LKUHU )DKUWLQGLH+HLPDWVRQGHUQPLWJXWEHVWFNWHQ.RUYHWWHQ GHUHXURSlLVFKHQ0lFKWH Ä,KU ZHUGHW KHXWH GHQ %RWDQLNHU &RPPHUVRQ YRQ GHU (WRLOHå ]XVFKW]HQKDEHQGHVVHQ$UEHLWIUXQVHUH([SH GLWLRQ EHUDXV ZLFKWLJ LVW +HUUQ &RPPHUVRQ XQG VHLQHQ 'LHQHU-HDQ« ,KU ZHUGHW«³ 'RFK %RXJDLQYLOOH NRQQWH QLFKWZHLWHUVSUHFKHQZHLOSO|W]OLFK*HOlFKWHUDXINDPXQG GLH5HLKHQVLFKORFNHUWHQ &KHYDOLHU GH %RXUQDQG OLH‰ VHLQHQ %OLFN GHQ DXVJH VWUHFNWHQ$UPHQGHUQXQVFKRQODXWKDOVODFKHQGHQ0lQQHU IROJHQ XQG HUNDQQWH LQ GHU RIIHQVWHKHQGHQ 7U GHU .DSL WlQVNDMWH 7XUX $EHU PHLQ *RWW ² ZHOFKH 0DVNHUDGH IKUWHGHU0DQQDXV7DKLWLDXI6HLWHUDQ%RUGGHUÄ%RX GHXVH³VHLQH+HLPDWLQVHOYHUODVVHQKDWWHZDUHVQRFKQLH ]XHLQHPVROFKHQ$XIWULWWJHNRPPHQ 'HU'UHLVSLW]DXIVHLQHPVWUlKQLJHQVFKZDU]HQ+DDUGHU 'HJHQ GHV .DSLWlQV DXI GHQ HU VLFK VWW]WH ZLH HLQ SUR PHQLHUHQGHU*HFNHLQYLHO]XZHLWHU0DQWHOPLWJROGHQHQ (SDXOHWWHQ XQG .RUGHOVFKQUHQ ² GHU &KHYDOLHU VSUWH HLQ/DFKHQLQVHLQHP+DOVDXIVWHLJHQXQGHUZDUIURKGD‰ QXQDXFKGHU.DSLWlQORVSUXVWHWH Ä:LUVWGXZRKO«³K|UWHHU%RXJDLQYLOOHV6WLPPHDEHU VLHEUDFKDELQQHXHP*HOlFKWHU2KQHGD‰=RUQLQVHLQHU *HVWH JHOHJHQ KlWWH ZLHV GHU .DSLWlQ GHQ 6W|UHQIULHG LQ

GLH.DMWH]XUFN7XUXEHHLQGUXFNWHGDVQLFKW0LWHUKR EHQHP .RSI ]RJ HU GHQ 'HJHQ DXV GHU 6FKHLGH SUlVHQ WLHUWHLKQSDWKHWLVFKYRUVHLQHP*HVLFKWXQGULHIDOVKDEH HUVHLQ/HEHQODQJQLFKWVDQGHUHV DOV)UDQ]|VLVFKJHVSUR FKHQ Ä9LYH OH URL³ 8QG ZHLO HV VR VFK|Q ODXW NODQJ JOHLFKQRFKHLQPDOÄ9LYHOHURL(VOHEHGHU.|QLJ³ 1XQJDEHVIUGLH0lQQHUGHU:DFKHNHLQ+DOWHQPHKU 6LH VFKWWHWHQ VLFK YRU /DFKHQ DXV VFKOXJHQ VLFK DXI GLH 6FKHQNHO XQG XPULQJWHQ GHQ 3RSDQ] 8QG DOV GHU GHQ .|QLJ]XPGULWWHQPDOKRFKOHEHQOLH‰DQWZRUWHWHQLKPHLQ SDDUNUlIWLJH6WLPPHQÄ9LYHOHURL9LYH«³ 'DV QXQ JLQJ GHP &KHYDOLHU GRFK ]X ZHLW :HQQ GHU .DSLWlQ GHUOHL GXUFKJHKHQ OLH‰ ZDU GDV DOOHLQ GHVVHQ 6DFKH (U DEHU ZUGH DXI VHLQHQ .|QLJ QLFKWV NRPPHQ ODVVHQ Ä:DFKH ² DQJHWUHWHQ³ NRPPDQGLHUWH HU LQ VFKDUIHP 7RQ 8QPL‰YHUVWlQGOLFK VWUHFNWH HU GDEHL GHQ 'HJHQ YRU XQGZLHVDXIGLH6WHXHUERUGUHOLQJ DQ GHU GLH 0lQQHU ELV YRUZHQLJHQ$XJHQEOLFNHQJHVWDQGHQKDWWHQ 6RIRUW WUDW 5XKH HLQ ZHQQ DXFK QXU IU HLQHQ 0RPHQW 'LH 0lQQHU VFKLHQHQ VLFK JHVW|UW ]X IKOHQ EHL HLQHP 6SLHO DQ GHP VLH *HIDOOHQ ]X ILQGHQ EHJDQQHQ 1LFKW GLHVHUSRO\QHVLVFKH.DUQHYDOVDGPLUDOZDUMHW]WGHU6W|UHQ IULHG VRQGHUQ %RXUQDQG GHQ VLH QLFKW PLWPDFKHQ ODVVHQ ZROOWHQEHLLKUHP0XPPHQVFKDQ]Ä9LYH7XUX«³ 6FKRQJLQJGDV*HMRKOHZHLWHU%RXUQDQGOLH‰UDWORVGHQ 'HJHQ VLQNHQ XQG VWHFNWH LKQ ]XUFN LQ GLH 6FKHLGH (U WUDWQHEHQ%RXJDLQYLOOHXQGDOVGLHVHUGLH6FKXOWHUQKRE ZLHHVVRVHLQH$UWZDUXQGVDJWHÄ(VVLQGGRFK.LQGHU &KHYDOLHU JUR‰H .LQGHU³ GD KDWWH VHLQH 5DWORVLJNHLW GHQ *LSIHO HUUHLFKW (U ZDQGWH VLFK DE VWW]WH VLFK DXI GLH 5HOLQJXQGEOLFNWHEHUGDV:DVVHU

9RQZHJHQ.LQGHU«9HUZ|KQWZDUHQVLHZHLWHUQLFKWV 'LH SSLJHQ 7DJH DXI 7DKLWL KDWWHQ QLFKW QXU GLH JXWHQ 6LWWHQYHUGRUEHQVRQGHUQ DXFKMHGHQ$SSHOODQGLH0DQ QHV]XFKW LOOXVRULVFK JHPDFKW 'LH XQYHUJOHLFKOLFKH )UHL JHELJNHLW GHU 1DWXU GLH *DVWIUHXQGVFKDIW LQ GHQ +WWHQ XQG 6WDPPHVKlXVHUQ GHU ,QVXODQHU GLH 6HOEVWYHUVWlQG OLFKNHLW PLW GHU GLH KEVFKHQ KHOOKlXWLJHQ :HLEHU GHQ 0DWURVHQ]X:LOOHQZDUHQ²DOOGDVYHUJD‰HLQ6HHPDQQ VHLQ/HEHQODQJQLFKW:LHHLQ6FKZlUP1L[HQKDWWHQGLH 9HUVXFKHULQQHQ GLH EHLGHQ 6FKLIIH EHL GHU $QNXQIW YRU MHQHU 7UDXPLQVHO XPVFKZRPPHQ EOXPHQEHNUlQ]W XQG VLQJHQG XQG HV KDWWH QLFKW ODQJH JHGDXHUW ELV GLH HUVWHQ DQ%RUGZDUHQ8QGGDQQHUVWGLH7DJHDQ/DQG« 8QZLOOLJWUDFKWHWHGHU&KHYDOLHUGDQDFKGLHLQLKPDXI NRPPHQGH ZRKOLJH (ULQQHUXQJ ]X XQWHUGUFNHQ (U VFKWWHOWHVHLQHQ.RSI7DKLWLODJZHLW]XUFN:DVVROOWHQ GD QRFK (ULQQHUXQJHQ GLH GHQ %OLFN WUEWHQ 6LH KDWWHQ QHXH$XIJDEHQ]XO|VHQ 3O|W]OLFKYHUVWXPPWHQGLH6WLPPHQ%RXJDLQYLOOHZDULQ GHQ .UHLV GHU 7lQ]HU JHWUHWHQ RKQH HLQ :RUW KDWWH 7XUX GHQ$UPXPGLH6FKXOWHUJHOHJWXQGIKUWHLKQQXQGXUFK GLH*DVVHGHUUXKLJEHLVHLWHWUHWHQGHQ0lQQHU]XU7UGHU .DMWH %HYRU VLH HLQWUDWHQ HUNODQJ QRFK HLQ HLQ]HOQHU 5XI HLQ OHW]WHV 9LYDW DEHU QLHPDQG JULII HV PHKU DXI 2KQH GD‰ %RXUQDQG HV LKQHQ EHIRKOHQ KlWWH WUDWHQ GLH 0lQQHU QXQ DQ 'HU &KHYDOLHU EDXWH VLFK YRU VLH KLQ ZLSSWH GLH +lQGH DXI GHP 5FNHQ ]XVDPPHQJHOHJW PHKUPDOVOHLFKWDXI VHLQHQ )X‰VSLW]HQ DEHU HU NDP QLFKW GD]X GLH 6FKLPSINDQRQDGH DE]XIHXHUQ 'HQQ HU VSUWH ZLHGLH%OLFNHGHU /HXWH YRQ LKP DEILHOHQ XQG JHZDKUWH VRIRUWGHQ*UXQGGD‰QlPOLFKGHU.DSLWlQQHEHQLKQWUDW XQG ² DOV VHL QLFKWV JHVFKHKHQ ² VHLQH :RUWH GRUW DXI

QDKP ZR HU XQWHUEURFKHQ ZRUGHQ ZDU %RXJDLQYLOOH VSUDFK DEHUPDOV YRQ GHU $FKWXQJ GLH GHQ %HPKXQJHQ GHV %RWDQLNHUV &RPPHUVRQ HEHQVR ZLH GHU $UEHLW GHV DQGHUHQPLWUHLVHQGHQ:LVVHQVFKDIWOHUVHQWJHJHQ]XEULQJHQ VHL8QGVFKOR‰GLH3DUROHDQ)UXQVHUHQ.|QLJ/XGZLJ ² PLW .RSI +HU] XQG +DQG Ä9LYH OH URL³ NDP SURPSW GLH$QWZRUW&KHYDOLHUGH%RXUQDQG]XFNWH]XVDPPHQGHU UHLQH +RKQ GDFKWH HU XQZLOOLJ :LH GDV 5HJOHPHQW HV YRUVFKULHEEHUQDKPHUGHQ3ODW]GHV.DSLWlQVGHUQDFK GHU 3DUROHQDXVJDEH ]XU 6HLWH JHWUHWHQ ZDU XQG NRPPDQ GLHUWH PLW XQEHZHJWHP *HVLFKW Ä,Q GLH 5XGHUSLQDVVH ² ZHJJHWUHWHQ³ 0HKUZX‰WHHUQLFKW]XVDJHQ $Q %RUG GHU Ä(WRLOH³ KDWWH &RPPHUVRQV 'LHQHU -HDQ %DUUpLQ]ZLVFKHQ*HUlWHXQG.|UEHIUGLH([NXUVLRQDXI GLH,QVHOEHUHLWJHVWHOOW:DVNRQQWHHV6FK|QHUHVJHEHQDOV HLQHVROFKH$EZHFKVOXQJ"'DV/HEHQDQ%RUGZDU²YRQ GHQ 7DJHQ DXI 7DKLWL QXU NXU] XQWHUEURFKHQ ² LQ VHLQHU (LQW|QLJNHLW DXI HUVFKUHFNHQGH :HLVH DEVWR‰HQG JHZRU GHQ1LFKWVKDWWHVLFKHUKDOWHQYRQGHPDOVHUVWUHEHQVZHUW XQG IU GDV SHUV|QOLFKH *OFN XQDEGLQJEDU EHWUDFKWHWHQ =LHO GXUFK 7HLOQDKPH DQ GHU :HOWXPVHJOXQJ HLQH $UW 5LWWHUVFKODJ ]X HPSIDQJHQ YRQ GHP QLFKW MHGHU ]X WUlX PHQZDJWH hEULJJHEOLHEHQ ZDU WlJOLFKH KDUWH $UEHLW GHUHQ (UJHE QLVVH DOOHLQ LQ +HUEDULHQ XQG ,QVHNWHQNlVWHQ VLFKWEDU ZXUGHQ ZlKUHQG GDV 6DXEHUKDOWHQ XQG )OLFNHQ GHU .OHL GXQJ YRQ &RPPHUVRQ GLH $XIUHFKWHUKDOWXQJ GHU hEHU VFKDXEDUNHLW LQ LKUHP 4XDUWLHU XQG GLH .FKHQDUEHLWHQ NDXP ]XU .HQQWQLV JHQRPPHQ ZXUGHQ YRQ HLQHP DQHU NHQQHQGHQ :RUW RGHU JDU /RE JDQ] ]X VFKZHLJHQ (LQ

'LHQHU KDWWH HEHQ ]XU 6WHOOH ]X VHLQ KDWWH ]X WXQ XQG ]X PDFKHQHUQVWJHQRPPHQZXUGHDOOHLQGLH$UEHLWZHOFKH GHU +HUU %RWDQLNHU LP 'LHQVW GHU :LVVHQVFKDIW ]X YROO EULQJHQ JHUXKWH 1DQQWH &RPPHUVRQ VLFK QLFKW LQ DQPD ‰HQGHU %HVFKHLGHQKHLW VHOEVW HLQHQ 'LHQHU ² HLQHQ 'LH QHU GHV PHQVFKOLFKHQ )RUWVFKULWWV 'D PX‰WHQ VROFKH 7DJHDQGHQHQVRZRKOGHU%RWDQLNHUDOVDXFKHLQHP'LH QHU LKUHV 'LHQHUV &RPPHUVRQ *HUHFKWLJNHLW ZLGHUIDKUHQ VROOWHVFKRQZLHHLQ+LPPHOVJHVFKHQNDQPXWHQ -HDQVD‰DQ'HFNQHEHQGHQ.|UEHQ:RPLWZUGHQVLH GLHVH DP $EHQG JHIOOW KDEHQ" (U NDQQWH YRQ GHQ /DQG JlQJHQ DXI 7DKLWL GLH EUHFKHQG YROOHQ 7UDJHNLHSHQ 'LH ODWHLQLVFKHQ 1DPHQ GLH &RPPHUVRQ ]X GHQ HLQ]HOQHQ 3IODQ]HQ QDQQWH SDVVLHUWHQ -HDQV 2KUHQ RKQH KlQJHQ]X EOHLEHQ DEHU VLH KDWWHQ LKQ GRFK EHHLQGUXFNW XQG GDV 7UDJHQELV]XP%RRWVODQGHSODW]HUOHLFKWHUW -HDQ EOLFNWH ]XU ,QVHO KLQEHU :DV HUZDUWHWH VLH GRUW" 'DV JUR‰H 8QEHNDQQWH" :DV EDUJHQ GLHVHU 9XONDQNHJHO XQGGHUGLFKWH8UZDOGDQQHXHQ*HKHLPQLVVHQ" (KH VLFK QRFK HLQH $QWZRUW DXI GLH )UDJHQ ILQGHQ OLH‰ IXKU&RPPHUVRQPLWVHLQHU]LWWULJHQ6WLPPH]ZLVFKHQGLH bQJVWH 0XWPD‰XQJHQ XQG 7UlXPH Ä,QV %RRW -HDQ 6R NRPPGRFKHQGOLFK«³

(LQVWKDWWH²HU]lKOWHQVLFKGLH%HZRKQHUMHQHUPHODQH VLVFKHQ,QVHO²GHU*UR‰H*HLVW7DNDURXQWHUGHP'UXFN VHLQHV:LGHUVDFKHUV0XHUDJEXWRLKU/DQGYHUODVVHQPV VHQ (LJHQWOLFK ZDU HV HLQ 6WUHLW XP HLQH /DSSDOLH QLH PDQGHULQQHUWHVLFKVSlWHUQRFKGHVWDWVlFKOLFKHQ$QODVVHV ]X GHU $XVHLQDQGHUVHW]XQJ $EHU GD 0XHUDJEXWR JHGURKW KDWWHDXVGHP6FKORWGHV9XONDQNUDWHUV]XVWHLJHQXQGPLW )HXHU$VFKHXQGJOKHQGHU/DYDGDV/DQGXQEHZRKQEDU

]XPDFKHQZDUGHUPHQVFKHQIUHXQGOLFKH7DNDUREHUGDV 0HHUDXVJHZLFKHQ²QLHPDQGZX‰WHZRKLQ%HLVHLQHP $E]XJ KDWWH HU GHQ ,QVHOEHZRKQHUQ YHUVSURFKHQ GHUHLQVW PLW JUR‰HP 3UXQN XQG *ODQ] ZLHGHU]XNHKUHQ XQG QDFK GHPHULKU7XQXQG/DVVHQVLHEHQ7DJHODQJZUGHEHRE DFKWHWKDEHQPLW0XHUDJEXWRHLQH(LQLJXQJ]XYHUVXFKHQ $QGLHVHLKQHQYHUKHL‰HQH5FNNHKUGHVJXWHQ*UR‰JHL VWHV 7DNDUR JODXEWHQ GLH ,QVXODQHU DOV HLQHV 7DJHV DP +RUL]RQW²VFKZLPPHQGHQ+lXVHUQJOHLFK²]ZHL)DKU ]HXJH DXIWDXFKWHQ GLH DXI LKUHQ 6WUDQG ]XKLHOWHQ *UR‰H 6HJHOWULHEHQVLHYRUZlUWVYLHO JU|‰HUGHQQMHQHDQLKUHQ HLJHQHQ %RRWHQ XQG DOV VLH VFKOLH‰OLFK LKUH )DKUW NQDSS YRUGHU%UDQGXQJV]RQHEHHQGHWHQVWUHFNWHQVLHDQODQJHQ OLDQHQVWDUNHQ %HLQHQ NODXHQEHZHKUWH *UHLII‰H ELV ]XP 0HHUHVJUXQG DXV XP VLFK GRUW IHVW]XNUDOOHQ 'LH $QNHU VWHLQH ZHOFKH GLH ,QVXODQHU ]XP )HVWOHJHQ LKUHU $XVOH JHUERRWH EHQXW]WHQ KDWWHQ VROFKH ODQJHQ /LDQHQEHLQH QLFKWQ|WLJGDVLHLP)ODFKZDVVHUDXVJHEUDFKWZXUGHQ :LH GLH :HLVVDJXQJ HV YRUKHUEHVWLPPWH KLHOW 7DNDUR VLFK LQ VHLQHP VFKZLPPHQGHQ +DXV VLHEHQ 7DJH ODQJ LP +LQWHUJUXQG (U VDQGWH YRQ ElUWLJHQ 0lQQHUQ JHUXGHUWH %RRWH DQ /DQG ZRKO XP VLFK YRQ GLHVHQ EHULFKWHQ ]X ODVVHQREVLFKHLQ$XVJOHLFKPLW0XHUDJEXWRORKQHGHQQ DXFKIULKQVHOEVWZDUHLQVROFKVFKZLHULJHV8QWHUIDQJHQ PLW*HIDKUHQYHUEXQGHQNRQQWHGHU%|VHGRFKGHQ3XOV VFKODJ YRQ (EEH XQG )OXW XQWHUELQGHQ RGHU VRJDU GDV :DVVHU IU LPPHU ]XUFNZHLFKHQ ODVVHQ XP /DYD XQG $VFKH EHU GLH GHU]HLWLJHQ 8IHUOLQLHQ KLQDXV DXI]X VFKLFKWHQ ,QHLQHPVROFKHQ)DOODEHU ZlUHGHQ*UR‰ERR WHQ GLH )OXFKW DEJHVFKQLWWHQ XQG 7DNDUR VHOEVW 0XHUDJ EXWRV0XWZLOOHQDXVJHOLHIHUW $OVR WDWHQ GLH ,QVHOEHZRKQHU DOOHV XP 7DNDUR JQVWLJ

]X VWLPPHQ IU HLQHQ 9HUVXFK PLW VHLQHP :LGHUSDUW ]X HLQHU5HJHOXQJ]XNRPPHQGHQQVHLW*HQHUDWLRQHQVFKRQ IUFKWHWHQLKUH9lWHUXQG9RUYlWHUXQGQXQ DXFKVLHVHOEVW HLQHQ QHXHUOLFKHQ $XVEUXFK GHV IHXHUVSHLHQGHQ ,QVHOJLS IHOV 'HQ $EJHVDQGWHQ 7DNDURV JDEHQ VLH )UFKWH 9RJHO IOHLVFK)LVFKHXQGZLQNWHQLKQHQPLW3DOPHQEOlWWHUQ]XP =HLFKHQ IUHXQGOLFKHQ :LOOHQV 'D DEHU GHU *UR‰H *HLVW VLFKQLFKW]HLJWHKLHOWHQDXFKVLHVLFK]XUFNXQGEOLHEHQ LQGLHVHQVLHEHQ7DJHQDP8IHU 1DFKWV ZHQQ GLH )UHPGHQ GDV /DQG ZLHGHU YHUODVVHQ KDWWHQ XQG LQ LKUH VFKZLPPHQGHQ +lXVHU ]XUFNJHUXGHUW ZDUHQ VD‰HQ VLH YRU JUR‰HQ )HXHUQ DXI GHP 3ODW] ]ZL VFKHQ LKUHQ +WWHQ XQG OREWHQ LQ /LHGHUQ XQG 6SUHFKJH VlQJHQGHQ*UR‰HQ*HLVW7DNDUR $P0RUJHQGHVDFKWHQ7DJHVMHGRFKDOVGLH*UR‰ERRWH QDFK 6RQQHQDXIJDQJ QRFK LPPHU ]X VHKHQ ZDUHQ GHU 9XONDQ DEHU UXKLJ EOLHE XQG ZHGHU GXUFK 5DXFK QRFK GXUFKXQWHULUGLVFKHV*UROOHQ$Q]HLFKHQYRQ0L‰IDOOHQGHV E|VHQ *UR‰JHLVWHV VSUEDU ZXUGHQ ZXFKV GLH IUHXGLJH (UZDUWXQJ GHU ,QVXODQHU (LQH (QWVFKHLGXQJ PX‰WH QXQ JDQ] QDKH VHLQ 8P DXFK 0XHUDJEXWR HLQ HLQGHXWLJHV =HLFKHQ]XJHEHQGD‰VLHVLFKQLFKWPHKUYRULKPIUFK WHWHQEHVFKORVVHQVLHDQGLHVHP0RUJHQPLWLKUHQ%RRWHQ 7DNDUR HQWJHJHQ]XIDKUHQ .DXP KDWWHQ VLH DXVPDFKHQ N|QQHQGD‰²ZLH DQGHQ YHUJDQJHQHQ VLHEHQ 7DJHQ ² YRQ MHGHP GHU 6FKLIIH GUDX‰HQ HLQ %HLERRW DXVJHVHW]W ZXUGHXQGDXIGDV8IHU]X]XUXGHUQEHJDQQEUDFKWHQDXFK VLHLKUH%RRWH]X:DVVHUHLQ'XW]HQGXQGPHKUEHPDQQW PLW GHQ NUlIWLJVWHQ XQG NOJVWHQ XQWHU GHQ (LQZRKQHUQ LKUHU6LHGOXQJ'LH)UDXHQZDUHQ]X+DXVHJHEOLHEHQXP HLQ *DVWPDKO ]X]XEHUHLWHQ PLW GHP VLH GLH $EJHVDQGWHQ GHVJWLJHQ*UR‰JHLVWHVZUGLJHPSIDQJHQZROOWHQ

,QVJHKHLPDEHUKRIIWHMHGHUPDQQDQGLHVHP7DJ7DNDUR VHOEVW]X*HVLFKW]XEHNRPPHQXQGDQ/DQGEHJU‰HQ]X N|QQHQ 'LH 0lQQHU DQ %RUG GHU $XVOHJHUERRWH ZDUHQ DXVJHODVVHQHU 6WLPPXQJ VDQJHQ XQG ZDUIHQ VLFK YRQ 6FKLII ]X 6FKLII DXIPXQWHUQGH :RUWH ]X 6LH ZDUHQ ZDI IHQORV ,Q GHQ %RRWHQ ODJHQ OHGLJOLFK 3DOPHQ]ZHLJH XQG ULHVLJH%OlWWHUPLWGHQHQVLH7DNDURZLQNHQZUGHQ ,PDEODQGLJHQ:LQGNDPHQVLHJXWYRUDQXQGDOVVLHGLH EHLGHQ %RRWH GHU )UHPGHQ HUUHLFKW KDWWHQ ZXUGHQ GLH 6HJHO QLHGHUJHKROW *HVSDQQWHV 6FKZHLJHQ ODJ EHU GHU 6]HQH DXFK GLH )UHPGHQ YHUKLHOWHQ EHLP 5XGHUQ DOV VLH VLFKXPULQJWVDKHQ'DQQIORJHQHLQSDDU:RUWHYRQ%RUG ]X %RUG YHUVWlQGOLFK MHZHLOV QXU GHQ HLJHQHQ /DQGVOHX WHQ'DV:RUW7DNDURDEHUNDPVRKlXILJYRULQGHPZDV GLH,QVXODQHUVFKULHQGD‰GLH)UDQ]RVHQHVDXIJULIIHQXQG JOHLFKIDOOV ULHIHQ 'LH 0HODQHVLHU QDKPHQ GLHV DOV HLQ =HLFKHQ IU GLH 5LFKWLJNHLW LKUHU 9HUPXWXQJHQ JODXEWHQ LQ GHU 1HQQXQJ GHV JHIUFKWHWHQ XQG JHOLHEWHQ 1DPHQV HLQ 9HUVSUHFKHQ HUEOLFNHQ ]X GUIHQ ² ZHQQ DXFK HLQ KLQKDOWHQGHV YHUWU|VWHQGHV DEHU HEHQ GRFK HLQ 9HUVSUH FKHQ$OVGLHEHLGHQ%RRWHLKUHQ:HJ]XP8IHUKLQIRUW VHW]WHQIROJWHQVLHLKQHQ 0LWGHU:DFKEHUJDEHKDWWH/HXWQDQW&DURGDV,QWHUHVVH DQDOOHPZDVLKQDQ%RUGXPJDEYHUORUHQ6FKODIHQMHW]W QXUQRFKVFKODIHQ«*HUDGHDOVHUVLFKEHUGHQ(LQVWLHJ EFNWH XP GLH /XNH ]X VHLQHU .RMH ]X |IIQHQ ILHO VHLQ %OLFN ODQGZlUWV DXI GDV %RRW PLW GHP &RPPHUVRQ XQG VHLQH%HJOHLWXQJDXIGLH,QVHOJHUXGHUWZXUGHQ'LH3LQDV VHYRQGHUÄ%RXGHXVH³KDWWHHVUHFKW]HLWLJHUUHLFKWXPGLH VWHWV JHIlKUOLFKH %UDQGXQJ JHPHLQVDP EHUZLQGHQ ]X N|QQHQ $EHU ² ZDV ZDU GDV" (LQ JDQ]HU 6FKZDUP %RRWH NDP

GHQ EHLGHQ 3LQDVVHQ HQWJHJHQ HLQ 9RUJDQJ GHQ HV DQ GLHVHP 8IHU ELVKHU QRFK QLFKW JHJHEHQ KDWWH XQG GHU VHOEVW EHL GHP EHUPGHWHQ &DUR QHXH $XIPHUNVDPNHLW IUHLVHW]WH'HU/HXWQDQWVWU]WH]XUFN]XU:DFKH

Ä'DV7HOHVNRS³ULHIHUÄVFKQHOOGDV7HOHVNRS³XQGDOV LKP GDV )HUQURKU JHUHLFKW ZXUGH ]RJ HU HV KDVWLJ DXI 7DWVlFKOLFK KLHOWHQ GLH %RRWH GHU :LOGHQ DXI GLH EHLGHQ 3LQDVVHQ ]X XQG XPULQJWHQ GLHVH ZLH QDFK HLQHP YRUKHU IHVWJHOHJWHQ(LQNUHLVXQJVSODQ &DURVHW]WHGDV)HUQURKUDE +DWWHHUQLFKWLPPHU JHZDUQW"'LH6RQGHUZQVFKHGLH VHV 0RQVLHXU &RPPHUVRQ VHLQ %HKDUUHQ DXI ,QVHODXVIO JHQEHLGHQHQHUQLFKWVDOVXQJHQLH‰EDUHRGHU JDUJLIWLJH 3IODQ]HQVDPPHOWHZUGHVLHQRFKHLQPDOLQ GHV 7HXIHOV .FKH EULQJHQ +lWWHQ VLH VFKQHOO XQG HQWVFKORVVHQ QXU GDV JHQRPPHQ ZDV VLH IU LKUH :HLWHUIDKUW EUDXFKWHQ ZlUHQ VLH OlQJVW KLQWHUP +RUL]RQW YHUVFKZXQGHQ XQG

KLHOWHQ VLFK QLFKW PHKU DXI PLW XQQW]HP %RWDQLVLHUHQ GDFKWHHUYHUlUJHUW Ä+DEWLKU VFKRQ HLQ 6LJQDO ]XU )UHJDWWH UEHUJHJHEHQ"³ IUDJWHHUXQGDOVGLHQHXH:DFKHYHUQHLQWHVHW]WHHUQRFK KLQ]X Ä:HU ZHL‰ GHQQ RE VLH GRUW VFKRQ HWZDV EHPHUNW KDEHQ"³ 'DQQJDEHUGDV)HUQURKU]XUFNXQGYHUOLH‰GHQ5DXP HQGJOWLJ :LHGHU DQ GHU /XNH DQJHODQJW EOLFNWH HU QRFK HLQPDOODQGZlUWV(UVDKGLH%RRWHGHU ,QVXODQHUJHPHLQ VDPPLWGHQ3LQDVVHQDXIGDV/DQG]XKDOWHQ:DUXPKDWWH HV NHLQHQ .DPSI JHJHEHQ ZDUXP NHLQHQ :LGHUVWDQG GHU )UDQ]RVHQ" 'LH HLQ]LJH 6SUDFKH LQ GHU PDQ VLFK GLHVHQ :LOGHQ YHUVWlQGOLFK PDFKHQ NRQQWH ZDU GLH GHU *HZDOW $XI .ULHJVVFKLIIHQ 6HLQHU 0DMHVWlW KDWWHQ =LYLOLVWHQ XQG DOO GLHVH %ODWWQXPHULHUHU XQG 6WHUQJXFNHU QLFKWV ]X VX FKHQ 6LH EUDFKWHQ QXU 8QJOFN ² ZLH :HLEHU DQ %RUG XQGZLHGHU.ODEDXWHUPDQQ $OV/HXWQDQW&DURVLFKHQGOLFK]XVHLQHPZRKOYHUGLHQ WHQ 7DJVFKODI DXVVWUHFNWH K|UWH HU YRQ GHU Ä%RXGHXVH³ NXU] KLQWHUHLQDQGHU GUHL 6FKVVH DXV GHQ =Z|OISIQGHUQ GHV.DQRQHQGHFNVKHUEHUJUROOHQ =XIULHGHQ GUHKWH HU VLFK DXI GLH 6HLWH XQG ZDU JOHLFK GDUDXIHLQJHVFKODIHQ 'LH GUHL DXI GHU )UHJDWWH DEJHIHXHUWHQ :DUQVFKVVH JD EHQ GHP &KHYDOLHU GH %RXUQDQG GLH *HZL‰KHLW GD‰ PDQ YRQ %RUG GHU Ä%RXGHXVH³ GDV /DQGXQJVXQWHUQHKPHQ JHQDXHVWHQVYHUIROJWHXQGHULP1RWIDOOGHU8QWHUVWW]XQJ GXUFK.DSLWlQ%RXJDLQYLOOHVLFKHUVHLQNRQQWH 'LH %UDQGXQJ JULII QDFK GHQ %RRWHQ KRE VLH DXI GLH :HOOHQNlPPHXQG%RXUQDQGZDU IU GLH QlFKVWHQ DXIUH JHQGHQ0LQXWHQVHLQHUhEHUOHJXQJHQHQWKREHQ(UEUOOWH

.RPPDQGRV GHUHQ 6LQQ VLFK LKP LQ GLHVHP $XJHQEOLFN QLFKWHUVFKOR‰YRQGHQHQHUDEHUZX‰WHGD‰HUVLHMHW]W]X EUOOHQKDWWH²XQGVHLHVQXUXPJHJHQGDV.UDFKHQGHU :HOOHQ DQ]XNRPPHQ JHJHQ GLH $QJVW GHU 0lQQHU XQG DXFKVHLQHHLJHQH'UDQJHLQ5XIYRQGHUDQGHUHQ3LQDVVH DQVHLQ2KUJULIIHULKQDXIXQGEUOOWHLKQVHLQHUVHLWVVR ZLH PDQ HLQHQ /|VFKHLPHU ZHLWHUUHLFKW DQ GHQ 1HEHQ PDQQ )LHO VHLQ %OLFN DXI GLH %RRWH GHU ,QVXODQHU VR EHQHLGHWH HU VLH XP GLH /HLFKWLJNHLW PLW GHU VLH VLFK YRQ GHQ:RJHQNlPPHQIRUWKHEHQOLH‰HQ

$OVLP%HUHLFKGHUDXVODXIHQGHQ:HOOHQGHU HUVWH)UDQ ]RVHLQV:DVVHUVSUDQJPLWGHU9RUOHLQHLQGHU+DQGXP VLFKJHJHQGHQ6RJ]XVWHPPHQODJHQGLH$XVOHJHUERRWH GHU (LQJHERUHQHQ OlQJVW DOOH DXI GHP 6WUDQG :LH JUR‰ DEHUZDU%RXUQDQGV9HUZXQGHUXQJDOVHUQDFKGHQHUVWHQ 6FKULWWHQDQ/DQGHLQHUVFKZDU]KlXWLJHQ0HQJHDQVLFKWLJ ZXUGH GLH XQP|JOLFK LQ GHQ %RRWHQ 3ODW] JHKDEW KDEHQ

NRQQWH MD GLH VLFK QLFKW HLQPDO KlWWH HUDKQHQ ODVVHQ DXV GHPZDVEHLLKUHQELVKHULJHQ/DQGJlQJHQDQ,QVHOEHY|O NHUXQJ]XVHKHQJHZHVHQZDU :DUHQVLHLQHLQH)DOOHJHJDQJHQ" %RXUQDQGEHIDKOHLQLJHQVHLQHU0lQQHUGHQ6FKXW]YRQ &RPPHUVRQXQGGHVVHQ'LHQHU]XEHUQHKPHQ 'LHEUL JHQ VROOWHQ LQ GHQ %RRWHQ EOHLEHQ XQG GLHVH EHLP $XV EUXFKRIIHQHU)HLQGVHOLJNHLW YRU GHU =HUVW|UXQJ VFKW]HQ $XIMHGHQ)DOODEHUVHL5XKHJHERWHQXQGHLQNKOHU.RSI 5DWORVLJNHLWXQGQHXH=ZHLIHOEHUNDPHQLKQMHGRFKDOV HU VLFK XQG VHLQH EHLGHQ %HJOHLWHU SO|W]OLFK XPULQJW VDK YRQ EOlWWHU XQG SDOPHQ]ZHLJVFKZLQJHQGHQ ,QVXODQHUQ 'LHQDFNWHQ.|USHUELOGHWHQHLQH:DQGGXUFKGLHHVNHLQ (QWULQQHQJDE8QGGRFKVFKHXWHGHU&KHYDOLHUVLFKGLHV IUHLQHQhEHUIDOO]XKDOWHQÄ7DNDUR7DNDUR«³ 2EZRKOGLH ,QVXODQHU LPPHU ZLHGHU GLHVHV :RUW ULHIHQ GDVDXFKLKUH%RRWVEHVDW]XQJHQVFKRQZLHHLQH%HVFKZ| UXQJVIRUPHO ZLHGHUKROW KDWWHQ ZDU %RXUQDQG QRFK QLFKW NODUZDVHV]XEHGHXWHQKDWWH :DU HV HLQH %HJU‰XQJ" (LQ )ULHGHQVDQJHERW" 2GHU HQWKLHOW GHU 5XI HLQH :DUQXQJ GLH HU XQHUIOOW ZUGH YHUVWUHLFKHQODVVHQZHLOHUVLHQLFKWYHUVWDQG" &KHYDOLHUGH%RXUQDQGEOLFNWHKLQEHU]XGHUJOHLFKIDOOV EHGUlQJWHQ%RRWVZDFKHXQGPLWQHXHUOLFKHP(UVFKUHFNHQ VDKHUXQWHUGHQ %HGUlQJHUQVHLQHU /HXWHDXFK)UDXHQ² JXWJHZDFKVHQH ODFKHQGH VFKZDU]KlXWLJH )UDXHQ 'DV KDWWHJHUDGHQRFKJHIHKOW« 1XU NHLQH 3DQLN MHW]W $XFK VLFK VHOEVW ZLHGHUKROWH GHU &KHYDOLHU GH %RXUQDQG GLHVH )RUPHO ZLH ]XU %HVFKZ| UXQJ %HYRU HU HWZDV XQWHUQDKP ZDV XQWHU 8PVWlQGHQ QLFKWV DOV QHXH 9HUZLUUXQJ VWLIWHWH PX‰WH HU GLH ZDKUHQ $EVLFKWHQ GHU ,QVXODQHU HUNDQQW XQG VLFK EHU GLH P|JOL

FKHQ)ROJHQHLJHQHQ+DQGHOQV.ODUKHLWYHUVFKDIIWKDEHQ (UVHW]WHVLFKLQGHQ6DQGXQGEHGHXWHWHVHLQHQ %HJOHL WHUQ GDV JOHLFKH ]X³ WXQ 'LH :DIIHQ KLHOWHQ VLH DXIUHFKW LQLKUHQ+lQGHQÄ7DNDUR7DNDUR³ ,PPHUQRFKKDOOWHGLHVHU5XIEHU GHQ 6WUDQG GHU 5XI GHP IU GLH VRHEHQ JHODQGHWHQ )UDQ]RVHQ HWZDV 6FKLFN VDOKDIWHV XQG *HKHLPQLVYROOHV DQKDIWHWH $EHU DJJUHVVLY RGHUEHGURKOLFK²GDVPX‰WHQVLHVLFKHLQJHVWHKHQMHGHU DOOHLQIUVLFK²ZDUGLHVHU7RQQLFKW

6HLW YRP .DQRQHQGHFN GHU Ä%RXGHXVH³ GLH GUHL :DUQ VFKVVHDEJHJHEHQZRUGHQZDUHQKDWWH.DSLWlQ%RXJDLQ YLOOH VHLQHQ 3ODW] DXI GHU %DFN QLFKW YHUODVVHQ 9RQ KLHU DXV JHZDQQ HU GXUFK VHLQ 7HOHVNRS HLQHQ JHQDXHQ hEHU EOLFNGHU9RUJlQJHQDFKGHU/DQGXQJGHUEHLGHQ3LQDVVHQ %RXJDLQYLOOH DKQWH GD‰ GLH 5XKH DQ /DQG GHU %HVRQ QHQKHLW GHV &KHYDOLHUV ]X YHUGDQNHQ ZDU 6WRO] GDUDXI VROFKH2IIL]LHUH]XKDEHQVHW]WHGHU.DSLWlQGDV)HUQURKU DE (U EOLFNWH VLFK XP XQG VDK 7XUX ZHQLJH 6FKULWW HQW IHUQWDQGHQ)RFNPDVWJHOHKQWVWHKHQ :LH ODQJH KDWWH GHU 3RO\QHVLHU LKQ VFKRQ EHREDFKWHW" 8QG²ZHOFKH*HGDQNHQEHZHJWHQGHQ0DQQDQJHVLFKWV GLHVHU 6LWXDWLRQ GLH HU GRFK YRQ GHU HLJHQHQ ,QVHO KHU NDQQWH" (LQ 6FKLII ODQGHW DQ HLQHP IUHPGHQ 8IHU GLH 0HQVFKHQ YHUVWHKHQ HLQDQGHU QLFKW XQG VLQG GRFK 6|KQH XQG 7|FKWHU HLQ XQG GHVVHOEHQ *RWWHV 'DV 0D‰ LKUHV 1LFKWYHUVWHKHQV ]HLJW VLFK LQ GHU 0|JOLFKNHLW GLH EHL VROFKHQ =XVDPPHQWUHIIHQ DOOHUOHL 0L‰YHUVWlQGQLVVHQ HLQJHUlXPWEOHLEWVSD‰LJHQZLHEOXWLJHUQVWHQ $XI 7DKLWL ZDU DOOHV PHKU RGHU ZHQLJHU JXW JHJDQJHQ 1XUGD‰HU/RXLV$QWRLQHGH%RXJDLQYLOOHGHU(QWGHFNHU GLHVHU SDUDGLHVLVFKHQ ,QVHO ZDU ZLH HU HV QXU ]X JHUQ LQ

GHQ $QQDOHQ YHU]HLFKQHW JHVHKHQ KlWWH ² GLHVH VWRO]H +RIIQXQJ HUIOOWH VLFK QLFKW 'LH 9RUIUHXGH DXI GHUOHL 1DFKUXKP KDWWH VLFK EDOG VFKRQ QDFK 9HUODVVHQ GHU ,QVHO DOV 0L‰YHUVWlQGQLV HUZLHVHQ ² DQJHVLFKWV GHU DQ %RUG JUDVVLHUHQGHQ 6\SKLOLV HLJHQWOLFK DOV IDWDOHV 0L‰YHUVWlQG QLV ² +lWWH PDQ QLFKW DXI ZHQLJHU DQVFKDXOLFKH :HLVH JH]HLJWEHNRPPHQN|QQHQGD‰GDEHUHLWVDQGHUH(XURSl HU GLH )UHXGHQ JHQRVVHQ KDWWHQ GHQHQ VLFK IUDQ]|VLVFKH 6HHOHXWHJOHLFKIDOOVQLFKWYHUVFKORVVHQ" $EHU %RXJDLQYLOOH KDGHUWH QLFKW PLW VHLQHP XQG VHLQHU /HXWH 6FKLFNVDO $OV 0DQQ YRQ VFKDUIHP 9HUVWDQG XQG JHEWHU(LQVLFKWKDWWHHUVLFKQLFKWHUVWDXIGLHVHU5HLVH]X EHVFKHLGHQ JHOHUQW 6HLQH *HIDQJHQQDKPH LP .ULHJ PLW GHQ (QJOlQGHUQ GLH IHKOJHVFKODJHQHQ %HPKXQJHQ GHQ DXV.DQDGDYHUWULHEHQHQIUDQ]|VLVFKHQ6LHGOHUQDQGHUVZR LQ GHU 1HXHQ :HOW HLQH /HEHQVJUXQGODJH ]X VFKDIIHQ KDWWHQLKPGLH*UHQ]HQDXIJH]HLJWZHOFKHVHLQHP:LUNHQ JHVHW]WZDUHQ8QGVRKDWWHHUDOOVHLQH+RIIQXQJHQLQGLH VH )DKUW LQYHVWLHUW OLH‰ GLH Ä%RXGHXVH³ QDFK HLJHQHQ $QJDEHQ EDXHQ XQG ZDU DXIJHEURFKHQ GDV 6GODQG ]X ILQGHQ VR DOV KDQGOH HV VLFK XP HLQH 5RXWLQHIDKUW -HGH ,QVHOGLHVLHDXIGLHVHU5HLVHDQOLHIHQZDUHLQ/HXFKWWXUP DXI GHP :HJ ]XU .VWH GHV 6GODQGHV RGHU DEHU ]X GHU (UNHQQWQLVGD‰HVHLQVROFKHV6GODQGQLFKWJDE :LHYLHOKLQJJHUDGHLQLKUHUMHW]LJHQ6LWXDWLRQYRQ9HU ODXIXQG(UJHEQLVGHU/DQGXQJDXIGLHVHU,QVHODEIUGLH HU VLFK QRFK QLFKW HLQPDO HLQHQ 1DPHQ KDWWH HLQIDOOHQ ODVVHQ« 0LWZHQLJHQ%URFNHQGLHLKPDXVGHU6SUDFKHYRQ7D KLWLJHOlXILJZDUHQ ZDQGWHGHU.DSLWlQVLFKDQ7XUXXQG IUDJWH LKQ EHU VHLQH 0HLQXQJ KLQVLFKWOLFK GHU 0|JOLFK NHLWHQ KLHU DXVUHLFKHQG 1DKUXQJVPLWWHO DQ %RUG ]X QHK

PHQ(UQDQQWHGLH1DPHQYRQ)UFKWHQGLHHUDXI7DKLWL YHU]HKUW KDWWH XQG EHL MHGHP OlFKHOQG EHVWlWLJHQGHQ .RSIQLFNHQGHV3RO\QHVLHUVID‰WHHUQHXHQ0XW6LHZDUHQ PLW 6\SKLOLV XQG 6NRUEXW IHUWLJ JHZRUGHQ XQG ]ZDU RWDKRL²JDQ]DXIVLFKJHVWHOOW²ZLHPDQVRHWZDVDXI 7DKLWL QDQQWH 'LHVHV 0DO ZUGHQ VLH DXFK GDV 9HUVRU JXQJVSUREOHPPHLVWHUQ $OV KlWWH HU DQ LKUHU VHOWVDP YHUNQDSSWHQ .RQYHUVDWLRQ *HIDOOHQ JHIXQGHQ WUDW 7XUX SO|W]OLFK JDQ] GLFKW QHEHQ %RXJDLQYLOOH DQ GLH 5HOLQJ ZLHV PLW GHP $UP ]XU ,QVHO KLQEHU XQG VDJWH Ä:DKHLQH ZDKHLQH³ 'DQQ QDKP HU VHLQHQ$UP]XUFNXQG]HLJWHDXIGLHÄ(WRLOH³ 'LHVH *HVWH ZLHGHUKROWH HU PHKUHUH 0DOH XQG REZRKO %RXJDLQYLOOH GDV :RUW ZHOFKHV 7XUX EHQXW]WH YHUVWDQG ZX‰WH HU PLW GHU +DQGEHZHJXQJ GHV 3RO\QHVLHUV QLFKWV DQ]XIDQJHQ :DKHLQH ² GDV KLH‰ )UDX :DV DEHU ZROOWH 7XUXLKPVDJHQ":DUXPGHXWHWHHULPPHUZLHGHUDXI8IHU XQG )OHXWVFKLII" 9ROOHQGV UDWORV DEHU ZXUGH GHU .DSLWlQ DOV 7XUX MHW]W HLQ :RUW QDQQWH GDV IUHPG XQG GURKHQG NODQJ XQG XQWHU VWlQGLJHP =HLJHQ DXIV 8IHU LPPHU LQ VFKDXULJHP7RQZLHGHUKROWHÄ0XHUDJEXWR0XHUDJEXWR³ 7XUXVFKLHQVLFKGDEHLVHLQ*HZLFKWYRQHLQHP)X‰DXI GHQ DQGHUHQ YHUODJHUQG LQ HLQH $UW ]HUHPRQLHOOH 7DQ] KDOWXQJ ]X VWHLJHUQ XQG VFKOLH‰OLFK ² RKQH GD‰ VHLQH 6WLPPH GDGXUFK ZHQLJHU GURKHQG NODQJ ² ULHI HU DXFK ZLHGHU Ä:DKHLQH ZDKHLQH³ 8QG GDQQ QRFK HLQPDO Ä0XHUDJEXWR³ *UR‰ VDK %RXJDLQYLOOH LKQ GDEHL DQ 'DQQ QDKP HU GDV )HUQURKUDXIXQGEOLFNWH]XP6WUDQG'RUWUDJWHDX‰HUGHQ 0DVWHQ GHU PHODQHVLVFKHQ $XVOHJHUERRWH QLFKWV HPSRU ZDVDQGLH1lKHYRQ0HQVFKHQHULQQHUWKlWWH'LHEHLGHQ IODFKHQ5XGHUSLQDVVHQODJHQYHUJHVVHQXQGHLQVDP

8QWHU GHP VDQIWHQ 'UXFN ]XP 0LWNRPPHQ HLQODGHQGHU *HVWHQ ZDUHQ GLH 3LQDVVHQEHVDW]XQJHQ GHQ ,QVXODQHUQ LQ GHQ :DOG JHIROJW 6FKRQ QDFK GHQ HUVWHQ 6FKULWWHQ XQWHU GHQ VFKDWWHQVSHQGHQGHQ =ZHLJHQ GHU %lXPH KDWWHQ VLH HUNDQQW GD‰ GLHV NHLQ XQGXUFKGULQJOLFKHU 8UZDOG ZDU ² MHGHQIDOOVKLHULQ8IHUQlKHQRFKQLFKW²ZLHHVYRQ6HH KHU JHVHKHQ GHU )DOO ]X VHLQ VFKLHQ %UHLWH :HJH IKUWHQ DQ *lUWHQ XQG NOHLQHQ )HOGHUQ YRUEHL XQG MH ZHLWHU VLH VLFK YRQ GHU .VWH HQWIHUQWHQ XP VR DUJORVHU DEHU DXFK XPVRVLFKHUHUVHW]WHQVLHHLQHQ)X‰YRUGHQDQGHUHQ,KUH $QJVWVFKZDQGZLHGDV6RQQHQOLFKWXQWHUGHPGLFKWHUXQG GLFKWHUZHUGHQGHQ%OlWWHUGDFK 3KLOLEHUW &RPPHUVRQ JLQJHQ DXI GLHVHP :HJH GLH $X JHQ EHU 'LH ZHLW DXVODGHQGHQ =ZHLJH GHU 'UDFKHQElX PHGLHULHVLJHQ3DOPHQIDUQHXQG0\UWDFHHQELOGHWHQHLQH VFKW]HQGH *ORFNH EHU GHU %OWHQYLHOIDOW GLH VLFK DXI WRWHQ %DXPVWlPPHQ XQG LQ PRRVLJHQ $VWJDEHOXQJHQ HQWIDOWHWH =ZLVFKHQ DOO GHQ /XIWZXU]HOQ /LDQHQDUPHQ XQGNOHWWHUQGHQ%ODWWVWUlQJHQVFKZLUUWHXQGVXPPWHHV² .lIHU 6FKPHWWHUOLQJH XQG HLQH 8Q]DKO YRQ NOHLQHQ 9| JHOQJDEHQVLFKHLQHEHQVREXQWHVZLHXQUXKHYROOHV6WHOO GLFKHLQ 9RU DOOHP DEHU IDV]LQLHUWH GHQ *HOHKUWHQ GLH %OWHQSUDFKWHLQHVVROFKHQWURSLVFKHQ8UZDOGHVVWHWVDXIV QHXH GXUFK LKUH )RUPHQYLHOIDOW XQG VWUDKOHQGH hSSLJNHLW &RPPHUVRQ VFKDXWH QLFKW QXU VRQGHUQ EHWDVWHWH XQG YHUJOLFK ]HUULHE 6WHQJHO XQG %OlWWHU ]ZLVFKHQ VHLQHQ )LQJHUQ ZHQQ HV HLQHQ *HUXFK LQWHQVLYHU ]X SUIHQ JDOW XQGDEXQGDQEOLHEHUVWHKHQXPHWZDV]XQRWLHUHQ:DV HU DEEUDFK XQG DXVJUXE WDW HU LQ HLQHQ GHU YLHU .|UEH XQWHU GHUHQ .UHX]JHKlQJH VHLQ -HDQ GDKHUVFKULWW ZLH HLQ JHGXOGLJHU(VHO

(V ZDU HLQH /XVW ]X OHEHQ XQG 1HXHV ]X VFKDXHQ QDFK GHQ HLQW|QLJHQ 7DJHQ GHV 6LFKWHQV XQG 2UGQHQV ZlKUHQG GHU hEHUIDKUW YRQ 7DKLWL 8QG GRFK ZX‰WH &RPPHUVRQ GD‰ QXU HLQ JHZLVVHQKDIWHV =X XQG (LQRUGQHQ GLH 0|J OLFKNHLWERW GDV HLJHQWOLFKH *HKHLPQLV DXV]XPDFKHQ GDV VLFK LP 3IODQ]HQUHLFK KLQWHU VFKHLQEDU JUHQ]HQORVHU 9LHO IDOWYHUEDUJ (U EOLHE PLW -HDQ ]XUFN ZHQLJH 6FKULWWH QXU ZHLO HLQ SUDFKWYROOHU 6FKPHWWHUOLQJ VHLQH $XIPHUNVDPNHLW HUUHJWH HLQ EODX XQG JHOE VFKLOOHUQGHV 7LHU PLW KDQGODQJHU )O JHOVSDQQH(UZLQNWH-HDQXPGHQ.HVFKHUGRFKDOVHUGDV 1HW] LQ GHU +DQG KLHOW XQG HV QDFK GHP )DOWHU VFKZDQJ IORJGLHVHUGDYRQ +LQWHU HLQHU :HJELHJXQJ KDWWHQ VLH GLH DQGHUHQ HLQJH KROW&KHYDOLHUGH%RXUQDQGZDUWHWHVFKRQDXIVLH Ä:LU PVVHQ ]XVDPPHQEOHLEHQ³ VDJWH HU ]X &RPPHU VRQÄ1LHPDQGZHL‰ZDVVLHPLWXQVYRUKDEHQ³ 'HU %RWDQLNHU QLFNWH DEHU LQVJHKHLP PDFKWH HU VLFK EHU GHQ &KHYDOLHU OXVWLJ ZLH DQ %RUG GHU Ä(WRLOH³ EHU /HXWQDQW &DUR :DV JODXEWHQ GLHVH 'LV]LSOLQEHVHVVHQHQ GHQQ ZR]X GHU JDQ]H =LUNXV GHU ([SHGLWLRQ YHUDQVWDOWHW ZXUGH"'RFKQLFKWXPGHV=XVDPPHQEOHLEHQVXQGXPGHU 2UGQXQJXQGSQNWOLFKHQ:DFKEHUJDEHZLOOHQ8QGGRFK WDWHQVLHVR'DEHLZUGHLQKXQGHUW-DKUHQQLHPDQGPHKU LKUH 1DPHQ NHQQHQ DXFK QLFKW LKUH JHZLVVHQKDIWHQ (LQ WUDJXQJHQ LQV :DFKMRXUQDO 0LW VHLQHQ 3KLOLEHUW &RP PHUVRQV 6DPPOXQJHQ DEHU PLW VHLQHQ .ODVVLIL]LHUXQJHQ XQGQHXJHSUlJWHQ3IODQ]HQQDPHQZUGHGLH:LVVHQVFKDIW DXFK GDQQ QRFK DUEHLWHQ N|QQHQ HEHQVR ZLH PLW 9pURQV 6WHUQNDWDORJHQ *HZLVVHQKDIW«&RPPHUVRQOlFKHOWHWUDXULJ +DWWHQGLHVH/HXWHEHUKDXSWHLQ*HZLVVHQGDVEHULKU

NOHLQOLFKHV %ULOOLHUHQ PLW LKUHU NOHLQOLFKHQ 0DFKW KLQDXV JHJDQJHQZlUH" &RPPHUVRQ KLHOW VLFK PLW VHLQHQ %HREDFKWXQJHQ XQG 1RWL]HQ]XUFNVFKDXWHYLHOPHKUEHOXVWLJWDXIGLHYHUELV VHQ PDUVFKLHUHQGHQ 6HHOHXWH GLH RIIHQEDU YRQ DOO GHU 6FK|QKHLWULQJVXPQLFKWVEHPHUNWHQ(UVHOEVW JHQR‰ GHQ *HVDQJ GHU 9|JHO XQG GDV *H]ZLWVFKHU HUNDQQWH HLQHQ ODQJJHVFKZlQ]WHQURWXQGJHOEOHXFKWHQGHQ3DUDGLHVYRJHO ZLHGHU GHQ HU VFKRQ DXI 7DKLWL JHVHKHQ KDWWH XQG IUHXWH VLFKZLHEHLP:LHGHUVHKHQHLQHVDOWHQ%HNDQQWHQ 3O|W]OLFKDXVJDQJVHLQHVZHLWJHVFKZXQJHQHQ:HJVWN NHVVWDQGHQVLHDP5DQGHLQHU/LFKWXQJ'LH0DUVFKLHUHU YRU LKP VWRFNWHQ &RPPHUVRQ UHFNWH VLFK YHUJHEOLFK XP HWZDVVHKHQ]XN|QQHQ Ä-HW]WVFKODFKWHQVLHXQVEHVWLPPW³VDJWHHU]X-HDQGHU QHEHQLKPVWDQG'HU'LHQHUOlFKHOWHDXIMHQHPLOGH:HL VH ZLH &RPPHUVRQ VLH DQ LKP YRQ MHKHU NDQQWH VHW]WH GDQQ VHLQH .|UEH DE Ä+RIIHQWOLFK KDEHQ VLH .QREODXFK XQG0DMRUDQ³JDEHUVHLQHP+HUUQGHQPDNDEUHQ6FKHU] ]XUFN Ä%RWDQLNHUIOHLVFK VROO MD VR VFKUHFNOLFK IDGH VFKPHFNHQ³ $EHU &RPPHUVRQ EOLHE LKP QLFKWV VFKXOGLJ Ä8QG 'LHQHUUDJRXW QDFK 7UDQ ² ]XPDO ZHQQ GHU IUDJOLFKH 0DQQDXVGHU3LFDUGLHVWDPPW³ 6R KlWWHQ VLH ZHLWHUJHEO|GHOW DEHU GLH .RORQQH ID‰WH ZLHGHU7ULWWXQG-HDQJULIIQDFKVHLQHQ.LHSHQ $XI GHU /LFKWXQJ EHIDQGHQ VLFK QRFK PHKU ,QVXODQHU )UDXHQ 0lQQHU XQG .LQGHU (V ZDU QLFKW HLJHQWOLFK HLQH %HJU‰XQJ VRQGHUQ HKHU GHU $EVFKOX‰ HLQHV (UZDUWHW ZHUGHQV 'D‰ GLHVH +DOWXQJ DEHU HLQHP JRWWlKQOLFKHQ :HVHQ JDOW XQG VLH LKUHU QXU WHLOKDIWLJ ZXUGHQ ZHLO PDQ VLHIUGHVVHQ9RUERWHQDQVDKDKQWHQGLH)UDQ]RVHQQLFKW

6LH KlWWHQ HV DXFK QLFKW YHUVWDQGHQ GHQQ ZHQQ VLH LKUHQ HLJHQHQ*RWWLQLUJHQGHLQH %H]LHKXQJ]X(VVHQXQG7ULQ NHQKlWWHQVHW]HQVROOHQVR ZlUH LKQHQ QLFKWV ZHLWHU HLQ JHIDOOHQ DOV GLH KDXFKGQQH 2EODWH ZHOFKH GHU 3ULHVWHU LKQHQ]XP=HLFKHQGHU6QGHQYHUJHEXQJUHLFKWHXQGGHU 6FKOXFN PXIILJHQ :HLQV DXV GHP .HOFK :DV DEHU KLHU DXI GLHVHU /LFKWXQJ PLWWHQ LP ,QVHOXUZDOG XQWHU HLQHP %OlWWHUGDFK DXIJHEDXW ZRUGHQ ZDU DQ 3\UDPLGHQ GXIWLJ JHGQVWHWHU :XU]HONQROOHQ XQG JUHOOIDUELJHU )UFKWH DQ JROGJHOEJHU|VWHWHQ.|UQHUQXQGJHEUDWHQHP9RJHOIOHLVFK 6R‰HQW|SIHQXQGVWDUNGXIWHQGHQ.UlXWHUQURFKVRLQWHQ VLY DURPDWLVFK GD‰ YRQ 0XIILJNHLW QLFKW GLH 5HGH VHLQ NRQQWH :LHMHGHUDQGHUHVHLQHU/DQGVOHXWHVDKGHU%RWDQLNHU]X HLQHQ P|JOLFKVW JQVWLJHQ 3ODW] LQ GHU 1lKH GHU 6SHLVHQ HLQ]XQHKPHQ RKQH DXI HLQH EHVRQGHUH (LQODGXQJ ]X ZDUWHQ

'LH 1DFKPLWWDJVVRQQH ]HLFKQHWH QHEHQ GHU RIIHQHQ +DOOH LQ GHU GDV )HVWPDKO VWDWWIDQG GDV %OlWWHUGDFK LQ HLQHP EUHLWHQ 6FKDWWHQEDQG DE 'HU 3DOPZHLQ KDWWH GHQ )UHPGHQGLHLKQRIIHQEDUQLFKWJHZ|KQWZDUHQGLH =XQ JHQ JHO|VW 6LH VFKULHQ XQG VDQJHQ LQ LKUHU XQYHUVWlQGOL FKHQ 6SUDFKH 6ROOWH GLHV ZLUNOLFK GLH 6SUDFKH 7DNDURV VHLQ VR EHKHUUVFKWH GLHVHU *HLVW WDWVlFKOLFK GDV *HKHLP QLV VHOEVW GDV 1LFKWV ]X EHQHQQHQ XQG HLQHQ HLQ]LJHQ *HJHQVWDQGPLWGUHLPDOGUHL1DPHQ]XEH]HLFKQHQ'HQQ VRRIW HLQHU GHU $EJHVDQGWHQ HLQ %ODWW PLW .|UQHUQ XQG 6R‰HRGHUHLQHQGHU.UJH]XU+DQGQDKPYHUORUHUVLFK LQ5HGHQGLHQLFKWHQGHQZROOWHQXQGHUVWZHQQGDV=LHO VHLQHU%HZXQGHUXQJDXIJH]HKUWRGHUGHU.UXJJHOHHUWZDU K|UWHHUDXIGDYRQ]XVSUHFKHQ²DEHUHLJHQWOLFKQXUXP

0XQG XQG /LSSHQ IUHL ]X EHNRPPHQ IU QHXH *HQVVH XQG QHXH :RUWVWU|PH GDUEHU 6LH IUD‰HQ LQ VLFK KLQHLQ DOV JHOWH HV IU HLQH ODQJ ZlKUHQGH 'UUH )HWWSROVWHU DQ]XOHJHQ 0|JOLFKZDUDEHUDXFKGD‰HVJDUNHLQH'UUHZDUVRQ GHUQGD‰GDV(QGHGHU,QVHOQXQGGDPLWGHU:HOWXQWHUJDQJ EHYRUVWQGHZHLO7DNDURXQG0XHUDJEXWRVLFKKLQWHUGHP 5FNHQGHU0HQVFKHQJHHLQLJWKDWWHQXQGDXVGHP*XWHQ XQG GHP %|VHQ HWZDV 0LWWHOJXWHV HQWVWDQGHQ ZDU GDV EHLGH QXQ JOHLFKHUPD‰HQ YHUWUDWHQ 'DV )HXHU XQG GDV 'RQQHUJUROOHQ YRQ HLQHP GHU VFKZLPPHQGHQ +lXVHU 7DNDURVKDWWHVFKRQHLQHQ 9RUJHVFKPDFN GDUDXI JHJHEHQ 8QG GLH 6W|FNH YRQ GHQHQ VLFK GLHVH $EJHVDQGWHQ QLFKW WUHQQHQ ZROOWHQ ² YLHOOHLFKW NRQQWHQ DXFK VLH %OLW] XQG 'RQQHUDXVVSXFNHQ9HUZLUUHQGZDUDOOGDV $EHUVRODQJHVLHKLHUVD‰HQZUGHZRKOQLFKWVSDVVLHUHQ ² ZHGHU YRP %HUJ KHU QRFK YRQ GHQ ULHVLJHQ %RRWHQ $OVRPX‰WHLPPHUPHKUDXIJHIDKUHQXQGLQVLHKLQHLQJH VWRSIWZHUGHQ²VRYLHOGD‰VLHQLFKWPHKUZUGHQODXIHQ N|QQHQ XQG DXFK EHU 1DFKW KLHU EOHLEHQ PX‰WHQ 'HU QHXH 0RUJHQ ZlUH YLHOOHLFKW VFKRQ IUHL YRQ GHP E|VHQ =DXEHUXQGHVJDOWQXUGLHVHQDFKWHQ7DJGXUFK]XVWHKHQ 1XU ² EHNlPHQ VLH EHU 1DFKW LQ LKUHP 5DXVFK QLFKW DXFK$SSHWLWDXIGLH)UDXHQ"6FKRQJULIIHQVLHQDFKLKQHQ ZRGLHVH]XQDKHNDPHQ%DOGZUGHQVLHVLFKGDPLWQLFKW PHKU EHJQJHQ HV ZUGH 6WUHLW XQG P|JOLFKHUZHLVH +DQGJUHLIOLFKNHLWHQJHEHQ(LQH$XVHLQDQGHUVHW]XQJDEHU N|QQWH GHQ =RUQ LKUHV *HELHWHUV KHUDXIEHVFKZ|UHQ XQG GDQQZlUHDOOHELVKHULJH0KHXPVRQVW'HQQGD‰7DNDUR GHU VLH KHUJHVFKLFNW KDWWH QLFKW PHKU GHU DOWH GHQ 0HQ VFKHQQXUIUHXQGOLFKJHVLQQWH*UR‰JHLVWYRQHKHGHPZDU NRQQWH QLHPDQG HUQVWOLFK EH]ZHLIHOQ DQJHVLFKWV GHV 9HU

KDOWHQVVHLQHU*HVDQGWHQ $OV KlWWH HV QRFK HLQHU %HVWlWLJXQJ GLHVHU DOOJHPHLQHQ bQJVWH EHGXUIW QDKP SO|W]OLFK HLQHU GHU )UHPGHQ VHLQHQ 6WRFNDXIXQGOLH‰WDWVlFKOLFK%OLW]XQG'RQQHUJHJHQGLH +HUGH GHU 6FKZHLQH IDKUHQ ZHOFKH GUDX‰HQ DXI GHU /LFKWXQJ LQ GHQ $EIlOOHQ ZKOWHQ 'LH 7LHUH TXLHNWHQ VFKULOO XQG VWREHQ DXVHLQDQGHU (LQV MHGRFK ILHO DXI GHU 6WHOOH DQ GHU HV JHVWDQGHQ KDWWH WRW XP 'HU %OLW] KDWWH GDV 6FKZHLQ DP .RSI JHWURIIHQ XQG ZDU GXUFK HLQH QX‰ JUR‰HgIIQXQJDXVGHUQXQ%OXWKHUDXVTXROOLQGHQ.|U SHUGHV7LHUHVJHIDKUHQ :HU ZLUG XQV LQ =XNXQIW YRU GHP VFKW]HQ GHQ ZLU VR VHKUKHUEHLJHVHKQWKDEHQ"² 'DV HUOHJWH 6FKZHLQ ZDU VR JDQ] QDFK %RXUQDQGV *H VFKPDFN =ZDU ² QRFK ODJ HV QLFKW LQ GHU 3IDQQH XQG EUXW]HOWHDEHUJXWZDUVFKRQGD‰PDQGHQ:LOGHQ]HLJWH ZLHHVXPLKUH$XVVLFKWHQVWDQGILQJHQVLH6WUHLWDQ8QG LQGLH3IDQQHNDPGDV7LHUFKHQQRFKDOOHPDO 7DXPHOQG HUKRE VLFK GHU &KHYDOLHU KLHOW VLFK DQ HLQHP 3IRVWHQ GHV %OlWWHUGDFKHV 'DQQ JLQJ HU SO|W]OLFK LQ 5LFKWXQJ GHV WRWHQ 6FKZHLQHV VWUDXFKHOWH ILQJ VLFK DEHU ZLHGHUXQGNQLHWHVFKOLH‰OLFKEHWRQWYRUVLFKWLJQHEHQGHP 7LHUQLHGHU(UVWDFKHVDEXPHVDXVEOXWHQ]XODVVHQXQG GD LKP QLHPDQG HLQH 6FKVVHO EUDFKWH ZROOWH HU GHQ ZDQQHQ /HEHQVVDIW PLW VHLQHQ +lQGHQ DXIIDQJHQ $EHU GLH OLHIHQ EDOG VFKRQ EHU GDV %OXW WURII DXI GHQ %RGHQ XQGYHUVLFNHUWH 'HU&KHYDOLHUVDKVLFKKLOIHVXFKHQGXP'DLKPMHGRFK QLHPDQGEHLVSUDQJHUKREHUVLFKZDQGWHVLFKGHUDWHPORV DXILKQVWDUUHQGHQ*HVHOOVFKDIW]XXQGWUDQN GDV %OXW DXV VHLQHQ +lQGHQ DOV VHL HV :DVVHU ,Q EUHLWHQ URWHQ )lGHQ OLHIHVLKPEHU%DUW+DOVXQG.OHLG

Ä1LFKW PHKU VFKLH‰HQ QLFKW VFKLH‰HQ³ ULHI HU PLW YRP 5DXVFK HQWVWHOOWHU 6WLPPH 'DQQ QDKP HU ZLHGHU GLH KRKOHQ +lQGH YRU VHLQ *HVLFKW XQG ULHI QRFK HLQPDO Ä1LFKWVFKLH‰HQ«1LFKW«³ 'LHVNODQJYROOHQGVZLHHLQH%HVFKZ|UXQJXQGVLHYHU IHKOWHLKUH:LUNXQJZHGHUDXIGLH(LQJHERUHQHQQRFKEHL GHQ )UDQ]RVHQ 'LH 6HHOHXWH OHJWHQ LKUH )OLQWHQ EHLVHLWH XQGZDQGWHQVLFKZLHGHUGHQ)UHXGHQGHV*DVWPDKOHV]X :HU NRQQWH GHQQ HWZDV GDIU ZHQQ GHU &KHYDOLHU QLFKWV YHUWUXJ XQG QDFK HLQ SDDU 6FKOFNFKHQ 3DOPZHLQ GXUFK GUHKWH« -H PHKU VLH WUDQNHQ GHVWR KHIWLJHU EHGUlQJWHQ VLH GLH VFKZDU]KlXWLJHQ6FK|QHQ]XPDODXFKGLH*DVWJHEHUVLFK MHW]WQLFKW]XUFNKLHOWHQ &RPPHUVRQ GHU NUlIWLJ PLWKLHOW EHLP (VVHQ XQG 7ULQ NHQJHILHOVLFKLQVHLQHU%HREDFKWHUUROOH'LH%OlWWHUDXI

ZHOFKHQ GLH 6SHLVHQ VHUYLHUW ZXUGHQ WlWRZLHUWH $UPH 5FNHQ %UVWH 6FKHQNHO ² QLFKWV HQWJLQJ VHLQHU UHJL VWULHUHQGHQ $XIPHUNVDPNHLW $XFK QLFKW GD‰ GLH )UDXHQ GHQ =XGULQJOLFKNHLWHQ GHU 6HHOHXWH DXVZLFKHQ XQG HLQH QDFKGHUDQGHUHQDXVGHU5XQGHYHUVFKZDQGHQ$EHUZDV ZDUGDV"&RPPHUVRQIXKUPLWGHU+DQGEHUVHLQH$XJHQ 7UlXPWHHU" 1HLQ HU KDWWH VLFK QLFKW JHWlXVFKW 'RUW VD‰ ZLUNOLFK VHLQ 'LHQHU -HDQ XPJHEHQ YRQ GUHL ,QVXODQHUQ GLH LKQ DQID‰WHQ DOV VHL HU HLQ :HLE *HUDGH JULII LKP HLQHU GHU .HUOHGRFKWDWVlFKOLFKLQV+HPG (UVWDXQWXQGLPPHUQRFKVNHSWLVFKJHJHQEHUGHPZDV HU VDK EOLFNWH &RPPHUVRQ LQ GLH 5XQGH $EHU QLHPDQG DX‰HULKPVFKLHQ]XEHPHUNHQLQZHOFKH1RWVHLQ'LHQHU JHUDWHQ ZDU $OOH KDWWHQ PLW VLFK ]X WXQ (LQHU IHLQHQ %HZDFKXQJKDWWH%RXJDLQYLOOH VLH DQYHUWUDXW :LHGHU VDK &RPPHUVRQDXIVHLQHQ'LHQHU-HDQXQGHUHUVFKUDN1LFKW QXU 0lQQHU YRQ GHU ,QVHO PDFKWHQ VLFK MHW]W DQ LKP ]X VFKDIIHQJULIIHQQDFK3DVSHOQXQG.Q|SIHQXQGQDFKGHP .UDJHQ XQG GDV VFKOLPPVWH ZDU -HDQ ZHKUWH VLFK QLFKW HLQPDO 6FKLHQ VLH PLW JXUUHQGHP KHOOHP /DFKHQ YLHO PHKU]XHUPXWLJHQREZRKOGLHVNHLQ6SLHOPHKUZDU'LH +lQGHGLHIOLQNHUXQGIOLQNHUEHUGLH.OHLGXQJGHV-XQ JHQKXVFKWHQGHU+DOVGHU]XUFNUXFNWHZHLOMHPDQGGHQ .RSI EHL GHQ +DDUHQ ]RJ GLH ]XGULQJOLFKHQ 0QGHU XQG 1DVHQ IUDQ]|VLVFKH /DXWH XQYHUVWlQGOLFKH :RUWH LQ GHU 6SUDFKHGHU,QVXODQHU«8QGSO|W]OLFKHLQ6FKUHLÄ1HLQ QHLQ³ 'DVZDU-HDQXQGZDUGRFKQLFKW-HDQ &RPPHUVRQ VSUDQJ DXI XP LKP ]X +LOIH ]X HLOHQ 7UDW DXI %HLQH $UPH RKQH 5FNVLFKW VWLH‰ HLQHQ 6R‰HQWRSI XPXQGYHUEUDQQWHVLFK3O|W]OLFKVWDQGHUYRUHLQHU:DQG

DXV0lQQHUUFNHQXQGGXUFK HLQH /FNH VDK HU -HDQ DXI GHU (UGH OLHJHQ DQ $UPHQ XQG %HLQHQ IHVWJHKDOWHQ 6LH KDWWHQ LKP GDV +HPG YRP /HLE JHULVVHQ VRYLHO NRQQWH &RPPHUVRQVHKHQ'DV:HL‰GHU]ZHL0lGFKHQEUVWHWUDI LKQZLHHLQ6FKODJ 'LH EOXWLJHQ +lQGH GHV &KHYDOLHUV KDWWHQ VFKRQ LKUH 6SXUHQ GDUDXI ]XUFNJHODVVHQ MHW]W JULIIHQ DQGHUH +lQGH QDFK 6FKXOWHUQ XQG +DOV -HPDQG VFKOXJ QDFK GHP ZLO OHQORVEDXPHOQGHQ.RSIGDQQIOR‰%OXWDXVGHU1DVH 3O|W]OLFKILHO6WLOOHKHUDEDXFK-HDQK|UWHHUQLFKWPHKU &RPPHUVRQPHUNWHGD‰QLFKWQXUGLH0HQVFKHQVRQGHUQ DXFK GLH 1DWXU ULQJVXP YHUVWXPPW ZDUHQ GLH 9|JHO LQ GHP %OlWWHUGDFK XQWHU GHP VLH JHVHVVHQ KDWWHQ GDV *H VXPPGHU,QVHNWHQMDVHOEVWGHU:LQG 'DZXUGHLKPVFKZDU]YRU$XJHQ

:LH YLHOH 7DJH ZDUHQ YHUJDQJHQ VHLW MHQHP *HODJH LP %OlWWHUKDXVDXIGHU,QVHO"&KHYDOLHUGH%RXUQDQGZX‰WHHV QLFKW 0HKU RGHU ZHQLJHU GHXWOLFK HULQQHUWH HU VLFK GHU HLQ]HOQHQ3KDVHQGHV*DVWPDKOHVDEHUGLHVH'HXWOLFKNHLW ZXUGH XP VR IUDJZUGLJHU MH QlKHU GLH %UXFKVWFNH DXI GLHHUVLFK]XEHVLQQHQVXFKWHGHP(QGHLKUHV,QVHOEHVX FKHV ODJHQ 6HLQ PLW 6FKZHLQHEOXW EHVFKPLHUWHV *HVWHKW GLHDXINRPPHQGHhEHONHLWQDFKGHPJLHULJHQ*HQX‰YRQ 3DOPZHLQ²MDGDVDOOHVZDULKPLUJHQGZLHJHJHQZlUWLJ Ä$EHU IUDJ PLFK QLFKW ZLH ZLU ZLHGHU ]XP 8IHU JHODQJW VLQG 2GHUZLH ZLUGLH %RRWHYRP6WUDQGLQV:DVVHUEHNRP PHQ XQG GLH 6FKLIIH HUUHLFKW KDEHQ 'DV HUVWH ZDV LFK QRFKJHQDXZHL‰LVWGDVXQJHKHXUH6FKlGHOEUXPPHQYRQ GLHVHP=HXJV$EHUGDODJLFKVFKRQLQPHLQHU.RMH³ (UJR‰/HXWQDQW&DURLQGHVVHQ/RJLVVLHVD‰HQ3DOP

ZHLQ DXV HLQHP W|QHUQHQ .UXJ QDFK XQG KRE LKP GHQ %HFKHU HQWJHJHQ Ä'D ZROOHQ ZLU PDO YRQ GHP 7HXIHO VWUXQNQLFKW]XYLHOQHKPHQ³VDJWH&DURVFKPXQ]HOQG Ä$EHU QXQ PDO LP (UQVW PHLQ *XWHU³ &DUR OLH‰ QLFKW ORFNHU LKP VWHOOWH VLFK GDV ZDV HU QLFKW VHOEVW PLWHUOHEW KDWWH DQ /DQG YROOHQGV DOV *HPLVFK YRQ 9HUPXWXQJHQ $KQXQJHQXQGYDJHIRUPXOLHUWHQ*HUFKWHQGDUÄ:LHLKU LQGLH%RRWHJHNRPPHQVHLGVSLHOWGRFKMHW]WNHLQH5ROOH PHKU:LFKWLJLVWQXUGD‰LKUHVJHVFKDIIWKDEW%OR‰ZDV YRUKHU ZDU EHL GHQ :LOGHQ VFKHLQW HXFK QLFKW JDQ] NODU ]XVHLQ²NHLQHPYRQHXFKGHUGRUWPLWGDEHLZDU6RQVW ZUGH GHU $OWH GRFK PLW GHU :HLWHUIDKUW QLFKW VR ODQJH ZDUWHQ³ -DHLQQHXHU/DQGJDQJZDUVHLWMHQHPDFKWHQ7DJLKUHV +LHUVHLQV QLFKW XQWHUQRPPHQ ZRUGHQ %RXJDLQYLOOH EH VWU]WEHUGHQEOXWLJHQ6WUHLWPLWGHQ:LOGHQGHUGDPDOV VRSO|W]OLFKXQGIUGHQ.DSLWlQJlQ]OLFKXQHUZDUWHWDXV JHEURFKHQZDU]|JHUWHLPPHUQRFKPLWHLQHUQHXHUOLFKHQ /DQGXQJ $QGHUHUVHLWV DEHU DXI VROLGH /HEHQVPLWWHOYRU UlWH DQJHZLHVHQ ZHQQ GLH ([SHGLWLRQ ZHLWHUJHKHQ VROOWH ]|JHUWHHUDXFKPLWGHU:HLWHUUHLVH Ä%OXWLJHU6WUHLW"³KDNWH&DURLQ%RXUQDQGV'DUOHJXQJHQ HLQ Ä+DEHQ DX‰HU GLU GHQQ QRFK DQGHUH LKU *HVLFKW PLW 6FKZHLQHEOXW EHVFKPLHUW &KHYDOLHU"³ (U ODFKWH EHL GHU 9RUVWHOOXQJGHVVRQGHUEDUHQ$XIWULWWVYRQ%RXUQDQGEHU GHQHUGLH/HXWHYRQGHUÄ(WRLOH³KDWWHHU]lKOHQK|UHQ 'HU &KHYDOLHU VHW]WH GHQ %HFKHU DE XQG VFKDXWH EHGHX WXQJVYROO YRU VLFK KLQ Ä1LFKW QXU PLW 6FKZHLQHEOXW³ VDJWHHUÄ$OVXQVHUHJHPHUNWKDWWHQZLHVHKUVLHDQJHEHQ NRQQWHQ PLW LKUHQ )OLQWHQ JDE HV NHLQ +DOWHQ PHKU (UVW ZDUHVQXUGHU'RQQHUGHUGLH:LOGHQEHHLQGUXFNWH$EHU DOV GDV 6FKZHLQ WRW XPILHO ZHLO GHU %OLW] HV JHWURIIHQ

KDWWHGDZDUHVPLW$UJORVLJNHLWXQG=XWUDXHQXQVJHJHQ EHUYRUEHL³ Ä+DEWLKUDQGHUHVHUZDUWHW"³ Ä6LH VFKLFNWHQ LKUH :HLEHU IRUW XQG DOV XQVHUH 0lQQHU ]XPlNHOQDQILQJHQPVVHQEDOGDXFKGLH3DOPZHLQNUJH YHUVFKZXQGHQVHLQ³ Ä'D]X VFKLFNHQ ZLU HXFK QXQ DQ /DQG³ &DURV 8Q]X IULHGHQKHLW ZDU VFKOHFKW JHVSLHOW Ä,KU VROOWHW GDV 7HUUDLQ HUNXQGHQIUGLH3URYLDQWEHVFKDIIXQJ²PHKUQLFKW1XQ OLHJHQ ZLU KLHU IHVW ZHLO LKU GLH +HUUHQ *DVWJHEHU VDPW LKUHQ'DPHQHUVWEHOHLGLJWXQGGDQQ]XVDPPHQJHVFKRVVHQ KDEW³

Ä'HU $OWH VFKHLQW NXU] YRU HLQHP (QWVFKOX‰ ]X VWHKHQ 'HVZHJHQ&DURELQLFKGRFKKLHU³ Ä'HVZHJHQ"³ Ä-D YHUGDPPW QRFK PDO ,FK VROO HXUH 'HPRLVHOOH DXI

GLH %RXGHXVHå UEHUUXGHUQ %RXJDLQYLOOH ZLOO PLW LKU VSUHFKHQ³ Ä+D'HPRLVHOOHLVWJXW (UVW ZLOOVW GX QLFKWV GDEHL ILQ GHQ GD‰ GHLQH 0lQQHU EHU VLH KHUIDOOHQ XQG GDQQ IRU GHUVWGXHLQH'HPRLVHOOHIUGHQ$OWHQ³ Ä(UZLOOPLWLKUVSUHFKHQKDELFKJHVDJW³ Ä0LW-HDQQHWWH%DUUp"³ Ä-DZRKO PLW -HDQQHWWH %DUUp HKHPDOV -HDQ %DUUp :DV KHL‰W QLFKWV GDEHL ILQGHQ" ,FK ZDU VFKRQ YLHO ]X EHWUXQ NHQ DEHU YRUVWHOOHQ NDQQ LFKåV PLU ² GD‰ GLH ,QVXODQHU HLQHQ YLHO EHVVHUHQ %OLFN KDEHQ DOV XQVHUHLQV LFK PHLQH GDIUREMHPDQG0DQQRGHU:HLELVW8QGDOVVLHYHUVWH KHQZDVXQVHUH0lQQHUZROOHQ²GD‰VLHVLHGDQQOLHEHU DXIGLH)UHPGHKHW]HQDOVDXI GLH HLJHQHQ :HLEHU « +DW VLH VLFK VFKRQ ZLHGHU HUKROW"³ IJWH GHU &KHYDOLHU EHU JDQJVORV KLQ]X XQG QDKP ZHQQJOHLFK YRUVLFKWLJ QRFK HLQHQ6FKOXFNDXVVHLQHP%HFKHUPLW3DOPZHLQ Ä9RQ VR ZDV HUKROW PDQ VLFK QLFKW³ DQWZRUWHWH &DUR Ä$EHU LFK KDE MD LPPHU JHVDJW GD‰ HLQ 6FKLII QXU IU 6HHOHXWH GD LVW XQG QLFKW IU 6FKPHWWHUOLQJVMlJHU XQG 6WHUQJXFNHU³ Ä8QGQXQKDEWLKUVRJDUQRFKHLQ:HLEDQ%RUGJHKDEW RKQH HWZDV GDYRQ ]X ZLVVHQ 8QG HV LVW DXFK JXW JHJDQ JHQ³ *UR‰ VDK &DUR LKQ DQ Ä+XQJHU 6NRUEXW ² DOO GDV LVW ZRKOQLFKWVJHZHVHQ"³ Ä:LUKDWWHQDXFK6NRUEXWXQGJHKXQJHUWZRUGHQLVWEHL XQVDXFKREZRKODXIGHU%RXGHXVHå NHLQH)UDXZDU³ Ä$EHU QXQ VROOVW GX VLH MD KROHQ 'DQQ EHKDOWHW VLH QXU :LUNRPPHQDXFKRKQHVLHDXV³ Ä'DUDXV ZLUG ZRKO QLFKWV ZHUGHQ %HL XQV DXI GHU )UH JDWWH LVW NHLQ 3ODW] PHKU PHLQ OLHEHU &DUR 6LH NRPPW

ZLHGHU]XUFN]XGHPVDXEHUHQ+HUUQ&RPPHUVRQ³ 'HU &KHYDOLHU VWDQG HQHUJLVFK DXI WUDQN LP 6WHKHQ VFKRQ VHLQHQ %HFKHU OHHU XQG VDJWH ]X /HXWQDQW &DUR Ä$EHU MHW]W OD‰ VLH UXIHQ 2GHU KRO VLH DP EHVWHQ JOHLFK VHOEVW³ &DUR JHKRUFKWH $OV HU ]XUFNNDP ZDU LQ VHLQHU %H JOHLWXQJQLFKWQXU-HDQQHWWH%DUUpVRQGHUQDXFKLKU+HUU 3KLOLEHUW &RPPHUVRQ -HDQQHWWH WUXJ LPPHU QRFK +RVHQ VWDWW GHV +HPGHV MHGRFK KDWWH VLH HLQHQ JUREJHVWULFNWHQ 3XOORYHU JHZlKOW GHU &KHYDOLHU GH %RXUQDQG DQ HLQHQ .HWWHQKHPGSDQ]HUHULQQHUWH Ä)U]ZHLLVWNHLQ3ODW]LQXQVHUHP%HLERRW³YHUVXFKWH %RXUQDQG GDV 0LWNRPPHQ &RPPHUVRQV ]X YHUKLQGHUQ Ä'HU.DSLWlQKDWQXUGLH'HPRLVHOOH]XVLFKEHIRKOHQ³ (UZLSSWHDXIGHQ=HKHQVSLW]HQ]XP=HLFKHQVHLQHU(QW VFKORVVHQKHLW Ä'DQQODVVHQ6LHHEHQHLQHQYRQ,KUHQ/HXWHQKLHU&KH YDOLHU³ NRQWHUWH GHU *HOHKUWH VRIRUW DOV OLHJH LKP YLHO GDUDQ NHLQHUOHL =ZHLIHO DQ GHU (UQVWKDIWLJNHLW VHLQHU $E VLFKWDXINRPPHQ]XODVVHQ $OV%RXUQDQGPLWGHQEHLGHQGDV/HXWQDQWVORJLVYHUOLH‰ GUHKWHHUVLFK QRFK HLQPDO ]X &DUR XP XQG ]XFNWH YHUOH JHQGLH6FKXOWHUQ

.DSLWlQ %RXJDLQYLOOH VWDQG LQ GHU 7DW YRU (QWVFKOVVHQ YRQZHLWUHLFKHQGHQ)ROJHQIUVHLQH([SHGLWLRQ:DJWHHU HUQHXWHLQH/DQGXQJDXIGLHVHU,QVHONlPHHVYLHOOHLFKW]X 9HUJHOWXQJVVFKULWWHQGHU(LQZRKQHU'D‰GLHVHVLFKELVKHU ]XUFNJHKDOWHQKDWWHQVFKULHEHUQRFKLPPHUGHP JHELH WHULVFKHQ*UROOHQVHLQHU=Z|OISIQGHU]X :DJWHHUDEHUHLQHHUQHXWH/DQGXQJQLFKWDXV$QJVWYRU 2SIHUQLP.DPSIPLWGHQ,QVXODQHUQ²ZHUZX‰WHGHQQ

ZLH VR HWZDV DXVJLQJ XQG ZHU ZUGH 6HJHO XQG 5XGHU EHGLHQHQIDOOVHLQVROFKHU.DPSI/FNHQUL‰YRUGHQHQHU EHLP 6NRUEXW XQG EHL P|JOLFKHU 'HVHUWLRQ DXI 7DKLWL JHEDQJW KDWWH ² ZDJWH HU DOVR HLQH HUQHXWH /DQGXQJ QLFKW VR ZUGH HV DXI LKUHP ELVKHULJHQ :HVWNXUV P|JOL FKHUZHLVHEDOGZLHGHU5DWWHQ]XVSHLVHQJHEHQ9RUDXVJH VHW]WVLHKDWWHQEHUKDXSWQRFK5DWWHQDQ%RUG 9LHO KLQJ GDYRQ DE RE HV HQGOLFK JHOlQJH GHUOHL /DQ GXQJVXQWHUQHKPHQPLWPHKU(LQIKOVDPNHLWDE]XZLFNHOQ DOV &KHYDOLHU GH %RXUQDQG VLH IU GLH :HOW GHU :LOGHQ ELVKHU DXIJHEUDFKW KDWWH :HQQ PDQ DQ GHQ 7HXIHO GHQNW VWHKWHUDXFKVFKRQYRUGHU7UVDJWHVLFK %RXJDLQYLOOH DOVHVNORSIWHXQGGHU&KHYDOLHUGHQ.RSIKHUHLQVWHFNWH Ä,FKODVVHELWWHQ³ %RXJDLQYLOOH UlXPWH KDVWLJ .DUWHQ XQG %FKHU EHLVHLWH :LH ZHQLJ SD‰WH GLHVHU 5DKPHQ ]XP (PSIDQJ HLQHU 'DPHGLH VLFK YHUPXWOLFK DOV HUVWH LKUHV *HVFKOHFKWV DXI HLQH (UGXPVHJOXQJ EHJHEHQ KDWWH ZHQQJOHLFK YHUNOHLGHW XQG ZRKO DKQXQJVORV PLW ZHOFK UDXKEHLQLJHP 9RON VLH VLFKHLQOLH‰.XU]QHLJWHHUGHQ.RSI DOV-HDQQHWWH%DUUp HLQWUDWEOLFNWHGDQQZLHGHUDXIXQGVDKDXFK&RPPHUVRQ XQG 7XUX HLQWUHWHQ 6LHK DQ GDFKWH HU $XFK 7XUX GHU 6FKHOP'DEHLKDWHUDOOHVJHZX‰W Ä0X‰ LFK DOVR WDWVlFKOLFK GLH 3DVVDJLHUOLVWH GHU (WRLOHå lQGHUQ ODVVHQ PHLQ OLHEHU &RPPHUVRQ³ VSUDFK HU GHQ %RWDQLNHU DQ XQG VWUHFNWH GDQQ EHLGH $UPH -HDQQHWWH HQWJHJHQ Ä,FKEHJU‰H6LHLQPHLQHU.DMWHDOVGLHHUVWH:HOWXP VHJOHULQ0DGHPRLVHOOH³(UYHUVXFKWH]XOlFKHOQDEHUDOV GDV*HVLFKWGHU$QJHVSURFKHQHQHUQVWEOLHEJOlWWHWHDXFK VHLQH 0LHQH VLFK VRIRUW ZLHGHU (U OLH‰ GLH $UPH VLQNHQ XQG HV NODQJ VHOEVW VHLQHQ 2KUHQ IUHPG XQG XQEHKROIHQ

DOV HU VLFK VDJHQ K|UWH Ä:ROOHQ ZLU XQV GHQQ QLFKW VHW ]HQ"³ &RPPHUVRQXQGVHLQH%HJOHLWHULQIROJWHQGHU(LQODGXQJ 7XUXGHUVLHQLFKW YHUVWDQGHQ KDEHQ NRQQWH UFNWH QDFK DOV GLH EHLGHQ GHP .DSLWlQ JHJHQEHU 3ODW] JHQRPPHQ KDWWHQ XQG VWHOOWH VLFK QHEHQ GHU %HVXFKHULQ DXI 6WXPP EOLFNWHHUDXI-HDQQHWWHXQGDOVVLHLKQVFKOLH‰OLFKDQVDK ULHIHUÄ:DKHLQH:DKHLQH³XQGODFKWHODXWXQGKHU]OLFK 'DQQVWU]WHHU]XU7UKLQDXV'HU.DSLWlQZDUIURKEHU GLHVHQ=ZLVFKHQIDOO Ä6LH VHKHQ GD‰ GLH $QZHVHQKHLW HLQHU )UDX DQ %RUG QLFKW YRQ DOOHQ DOV =HLFKHQ IU QDKHQGHV 8QJOFN EH WUDFKWHWZLUG =XJHJHEHQ HVVLQGQLFKWYLHOH$EHU ODVVHQ 6LHPLFKEHNUlIWLJHQGD‰DXFKLFK]XGHQZHQLJHQ]lKOH³ 1XQOlFKHOWH&RPPHUVRQXQGVDK-HDQQHWWHDQGLHQRFK LPPHU VFKZLHJ 'DQQ EOLFNWH HU ZLHGHU DXI %RXJDLQYLOOH XQG IUDJWH YRQ ZHP GHU 3RO\QHVLHU GHQQ ZRKO VHLQH :HLVKHLWKDEHGHQQDXFK HUKDEHQDWUOLFKGDV:RUWYHU VWDQGHQZHOFKHVGHU0DQQVRHEHQEHQXW]WH %RXJDLQYLOOH]XFNWHGLH6FKXOWHUQ Ä9RQZHPVROOHUHVKDEHQ"(UVSULFKWNHLQ)UDQ]|VLVFK XQGHVVFKHLQWDXVJHVFKORVVHQGD‰HUHVXQWHUGHU0DQQ VFKDIW DXIJHVFKQDSSW KDEHQ N|QQWH³ 'DPLW ZDU GLHVH $QJHOHJHQKHLW IU LKQ DEJHVFKORVVHQ XQG HU ZDQGWH VLFK ZLHGHU-HDQQHWWH]X Ä6LH KDEHQ 6FKZHUHV GXUFKPDFKHQ PVVHQ 0DGHPRL VHOOH 9HUVXFKHQ 6LH HV ]X YHUJHVVHQ +DOWHQ 6LH PHLQHQ 0lQQHUQ]XJXWHGD‰DXFKVLHNHLQOHLFKWHV/HEHQIKUHQ $OOHUGLQJV UHFKWIHUWLJW GDV QLFKW GHUDUWLJH « QXQ $XV EUFKHGHU*HZDOW]XPDOHLQHU)UDXJHJHQEHU³ 'DV 0lGFKHQ VFKZLHJ %RXJDLQYLOOH VSUDFK QDFK HLQHU NXU]HQ 3DXVH ZHLWHU Ä,P *UXQGH VLQG VLH DOOH JDQ] JXWH

.HUOH 8QG JODXEHQ 6LH PLU 0DGHPRLVHOOH ² HLQHU )UDX *HZDOW DQ]XWXQ LVW QLFKW W\SLVFK IU GDV 9HUKDOWHQ HLQHV IUDQ]|VLVFKHQ6HHPDQQV³

8QUXKLJ JHZRUGHQ UFNWH &RPPHUVRQ DXI VHLQHP 6LW] KLQXQGKHU1XQVFKLHQDXFKGHU.DSLWlQ]XPHUNHQZLH GHSOD]LHUW VHLQH :RUWH ZDUHQ (U VWDQG DXI XQG WUDW DQ HLQHQ :DQGVFKUDQN 'LHVH 8QWHUEUHFKXQJ OLH‰ &RPPHU VRQ KRIIHQ %RXJDLQYLOOH ZUGH HV QLFKW ]X HLQHU I|UPOL FKHQ (QWVFKXOGLJXQJ NRPPHQ ODVVHQ GHQQ ZLH HU GDUDXI UHDJLHUW KlWWH ZX‰WH HU QLFKW Ä1LFKW W\SLVFK³ ² ZHOFKH +RKOKHLWLP'HQNHQYHUEDUJVLFKKLQWHUVROFKHLQHUVLQQOR VHQ )RUPXOLHUXQJ VHOEVW EHL HLQHP 0DQQ GHQ HU VR VHKU DFKWHWH ZLH %RXJDLQYLOOH -HGHV 0DVVDNHU NRQQWH GDPLW JHUHFKWIHUWLJW ZHUGHQ -HGHU VHHOLVFKH .DKOVFKODJ 8QG QDWUOLFKDXFKGLH9HUJHZDOWLJXQJVHLQHU-HDQQHWWH &RPPHUVRQ IKOWH VLFK WLHI EHVFKlPW 1LFKW ZHLO HU OlQJVW KlWWH PHUNHQ PVVHQ GD‰ HU NHLQHQ -HDQ VRQGHUQ HLQH -HDQQHWWH LQ 'LHQVW JHQRPPHQ KDWWH 'HU MXQJH

0DQQ GHU VLFK VR VHKU XP HLQHQ 3ODW] DXI GHU Ä(WRLOH³ EHPKWHKDWWHLKPDXVJH]HLFKQHWH(PSIHKOXQJVVFKUHLEHQ VHLQHUELVKHULJHQ+HUUVFKDIWHQJH]HLJWXQGDOOHKDWWHQVLH HLQHP -HDQ %DUUp GDV GHQNEDU EHVWH =HXJQLV DXVJHVWHOOW DUEHLWVDP ]XYHUOlVVLJ WUHX ZLUWVFKDIWOLFK ² YRQ DOOGHP KDWWH HU VLFK LQ]ZLVFKHQ VHOEVW EHU]HXJHQ N|QQHQ 'D‰ VHLQ 'LHQHU GDUEHU KLQDXV JHGXOGLJ ZDU XQG /DVWHQ ]X WUDJHQ YHUPRFKWH GLH PDQ VRQVW QXU HLQHP (VHO DQYHU WUDXWHPRFKWHGLHZHQLJHQ=ZHLIHOZHJHQ-HDQVHPSILQG VDPHU $UW DEJHVFKZlFKW KDEHQ QRFK HKH HU VLFK LKUHU EHZX‰W JHZRUGHQ ZDU 1XQ VD‰ GLHVHU -XQJH DOVR QHEHQ LKPDXV-HDQZDU-HDQQHWWHJHZRUGHQDEHUVWLOOXQGYHU VFKORVVHQ QDFK VFKZLHULJHQ 6LWXDWLRQHQ ZDU HU JHEOLHEHQ 8QGSO|W]OLFKZX‰WH&RPPHUVRQZDUXPHUVLFKVFKlPWH (UKlWWHHVQLFKWVRZHLWNRPPHQODVVHQGUIHQGD‰GLHVH 6LWXDWLRQ VR VFKZLHULJ XQG NRPSOL]LHUW ZXUGH +LH‰ 'LH QHQ QLFKW DXFK GHQ 6FKXW] VHLQHV +HUUQ LQ $QVSUXFK ]X QHKPHQ" &RPPHUVRQ IKOWH VLFK WLHI EHVFKlPW (U ZUGH GHP MXQJHQ 0DQQ DXV GHU 3LFDUGLH GHU LQ :LUNOLFKNHLW DOVR HLQH)UDXZDUKLHUYRUGHP.DSLWlQVDJHQGD‰HUVLFKXP VHLQZHLWHUHV)RUWNRPPHQNPPHUQZROOWH %RXJDLQYLOOHKDWWHGHQ:DQGVFKUDQNJH|IIQHWXQGHLQHQ VFKZDU]HQ .DVWHQ KHUDXVJHQRPPHQ (U GUHKWH VLFK XP XQGKLHOWLKQ-HDQQHWWHHQWJHJHQ Ä'LHVHV 3DDU 3LVWROHQ ZLUG 6LH LQ =XNXQIW VFKW]HQ 0DGHPRLVHOOH7UDJHQ6LHVLHLPPHUJHODGHQEHLVLFK8QG VFKHXHQ 6LH QLFKW LP 1RWIDOO YRQ LKQHQ *HEUDXFK ]X PDFKHQ 'RFK ODVVHQ 6LH PLFK GHU +RIIQXQJ $XVGUXFN JHEHQGD‰GLHVHU1RWIDOOQLFKWQRFKHLQPDOHLQWUHWHQZLUG 1LHZLHGHU³YHUEHVVHUWHHUVHLQHHLJHQHQ:RUWH -HDQQHWWH%DUUpQDKPGHQ.DVWHQXQGVWHOOWHLKQZRUWORV

YRU VLFK DXI GHQ 7LVFK :DV VROOWH VLH VDJHQ" 8QG GRFK DKQWH VLH GD‰ QXQ GHU .DSLWlQ XQG DXFK LKU +HUU DXI HLQ :RUWYRQLKUZDUWHWHQ6LHZDQGWHGHQ.RSI]XU7UGDQQ ]X %RXJDLQYLOOH XQG ]X &RPPHUVRQ Ä(U KDW HV JHZX‰W³ VDJWHVLH Ä:HUKDWZDVJHZX‰W"³IUDJWHQGLHEHLGHQ]XJOHLFKXQG -HDQQHWWH %DUUp YHUVWDQG ZLH SHLQOLFK LKQHQ LKU 6FKZHL JHQZDU Ä'HU0DQQDXV7DKLWL(UKDWJHZX‰WGD‰LFKHLQH)UDX ELQ6FKRQYRQVHLQHU,QVHOKHU³8QGZLHGHUVFKZLHJVLH $XFK .DSLWlQ %RXJDLQYLOOH GHU GRFK PHKU GDUEHU ZX‰WH QDKP QLFKW VRJOHLFK GDV :RUW DXI Ä(V LVW VRQGHU EDUPLWGHQ0HQVFKHQGLHZLUVROHLFKWKLQ:LOGHQHQQHQ³ VDJWH HU GDQQ Ä,VW GLH %HKHUUVFKXQJ GHU +RIHWLNHWWH YRQ 9HUVDLOOHV GHU DOOHLQLJH 0D‰VWDE IU .XOWLYLHUWKHLW" 'DEHL ELQLFKEHU]HXJW7XUXZUGHDXFKGLHVH(WLNHWWHEHKHUU VFKHQOHUQHQ$EHUREGLHGRUWLJHQ+RIVFKUDQ]HQVLFKDXI 7DKLWL ZRKO ]X EHQHKPHQ Z‰WHQ ² GDUDQ PX‰ LFK ODXWH =ZHLIHODQPHOGHQ³ Ä8QGHULVWGLUQLHPDOV]XQDKHJHWUHWHQ-HDQQHWWH"³:LH &RPPHUVRQGLHZHLEOLFKH1DPHQVIRUPDXVVSUDFKYHUULHW GD‰VLHLKPQRFKLPPHUXQJHZRKQWZDU 'LH$QJHUHGHWHVFKWWHOWHGHQ.RSIÄ1LH(UQLFKWXQG GLHDQGHUHQ:LOGHQå DXFKQLFKW³ &RPPHUVRQ VDJWH Ä(U KDW HV DOVR JHZX‰W XQG HV DXFK KLHU EHL ,KQHQ DQ %RUG IU VLFK EHKDOWHQ .DSLWlQ %RX JDLQYLOOH³ 'LHVHU ]|JHUWH 'DQQ VDJWH HU IURK QLFKW HLQPDO OJHQ ]X PVVHQ Ä-D ² HLJHQDUWLJHUZHLVH %LV ]XP KHXWLJHQ 7DJ (U PX‰ ZRKO YHUVWDQGHQ KDEHQ ZDV GD DQ /DQG YRUJHIDOOHQ LVW 'HQQ ² GD‰ HU ,KUH MHW]LJH .OHLGXQJ DOV $XVZHLV RIIHQEDUWHU :HLEOLFKNHLW KlWWH GHXWHQ N|QQHQ ²

PLW 9HUODXE GDV EH]ZHLIOH LFK 0DGHPRLVHOOH³ %RXJDLQ YLOOHZLHVVLFKNXU]XQWHUEUHFKHQGDQ-HDQQHWWHV3XOORYHU XQG +RVHQ KLQDE Ä0LU DEHU JLEW ,KU $XI]XJ ZHQLJVWHQV GLH*HZL‰KHLWGD‰6LHVLFKDXIGHQ8PJDQJPLW3LVWROHQ YHUVWHKHQ³(UYHUVXFKWHHLQ/lFKHOQ Ä:DV GLH 3LVWROHQ EHWULIIW VR ZLUG -HDQQHWWH VLH QLFKW ODQJHEUDXFKHQ³&RPPHUVRQVDEUXSWKLQWHU%RXJDLQYLOOHV $UWLJNHLWHQ JHVHW]WH :RUWH EOLHEHQ LP 5DXP KlQJHQ ZLH GHU5DXFKDXVHLQHUXQHUZDUWHWDEJHIHXHUWHQ:DIIH Ä:LH PHLQHQ 6LH GDV"³ EUDFK %RXJDLQYLOOH HQGOLFK GDV SHLQOLFKH6FKZHLJHQXQGZLHGHUVHW]WH&RPPHUVRQVRIRUW QDFKÄ,FKZHUGH JHPHLQVDPPLWPHLQHP'LHQHU²RGHU JHQDXHU PLW PHLQHU 'LHQHULQ ² ,KUH ([SHGLWLRQ YHUODV VHQ EHYRU VLH )UDQNUHLFK HUUHLFKW KDW .DSLWlQ %RXJDLQ YLOOH:DKUVFKHLQOLFKVFKRQDXIGHU,QVHO0DXULWLXVZRHV HLQH NOHLQH IUDQ]|VLVFKH .RORQLH JLEW GLH XQV DXIQHKPHQ NDQQ³ %RXJDLQYLOOHVSUDQJDXIVRHUUHJWZDUHU Ä$EHUPHLQOLHEHU&RPPHUVRQ:LVVHQZLUGHQQREZLU QLFKWYRU0DXULWLXVQRFK«³ Ä:LU ZLVVHQ $XI GHQ 6GNRQWLQHQW ZHUGHQ ZLU QLFKW VWR‰HQ ZHLO HV LKQ QLFKW JLEW -HGHQIDOOV QLFKW PLW GHQ $XVPD‰HQXQGLQGHU /DJHLQZHOFKHU6LHLKQYHUPXWHQ ,FKVWLPPHGDULQPLW9pURQEHUHLQ³ Ä1XQVDJHQ6LHQXUQRFK9pURQZLOOPLFKJOHLFKIDOOVLP 6WLFKODVVHQ³ Ä-DDXFK0RQVLHXU9pURQZLUGVLFKYRQGHU([SHGLWLRQ WUHQQHQ 9LHOOHLFKW JOHLFK]HLWLJ PLW XQV DEHU GDV VWHKW QRFKQLFKWIHVW(VLVWZRKODXFKXQHUKHEOLFK,FKIUPHLQ 7HLO ELQ GXUFK $XVZHUWXQJ GHU YRU ZHQLJHQ 7DJHQ DQ /DQG JHVDPPHOWHQ 3IODQ]HQ XQG 7LHUH LQ GLHVHP (QW VFKOX‰EHVWlUNWZRUGHQ'DVDOOHVLVW,QVHOIORUDXQG ,QVHO

IDXQD +LHU JLEW HV NHLQ )HVWODQG LQ XQPLWWHOEDUHU 1lKH XQGVFKRQJDUQLFKWHLQHQULHVLJHQ.RQWLQHQW'LH)RUPHQ GHV/HEHQVVLQGLUJHQGZLH]XSKDQWDVWLVFK]XJUR‰XQG]X XQEHVRUJWXPLKUhEHUOHEHQ³ %RXJDLQYLOOH GHU QRFK LPPHU VWDQG ODXVFKWH JHVSDQQW DXIGLH:RUWHGHV%RWDQLNHUV-HDQQHWWHEHDFKWHWHQVLHQXQ EHLGHJDUQLFKWPHKU Ä.HLQ:XQGHUPHLQHLFKEHLGLHVHPhEHUIOX‰DQ:lU PH XQG )HXFKWLJNHLW 'D JHGHLKW VROFKH hSSLJNHLW DOOH PDO³ Ä'DVDOOHLQLVWHVQLFKW.DSLWlQ9RUDOOHPVFKHLQHQGHQ 7LHUHQ GLH QDWUOLFKHQ )HLQGH ]X IHKOHQ 'D ZHUGHQ VLH GHXWOLFK JU|‰HU DOV DQGHUVZR GLH ([HPSODUH GHU JOHLFKHQ 6SH]LHV ,FK KDEH JHVLFKWHW XQG LFK KDEH JHRUGQHW ² IU PLFKJLEWHVGDNHLQHQ=ZHLIHO'LH0DXVKDWVLFKDXIHLQH ,QVHOJHIOFKWHWXQGYHUJHVVHQGLH.DW]HPLWUEHU]XQHK PHQ³ Ä8QG GLH .DW]H PHLQHQ 6LH KlWWH GLH 0lXVH DXI GHU ,QVHONOHLQHUJHKDOWHQ"³ Ä*UR‰H 0lXVH ZHUGHQ EHKlELJ XQG ODVVHQ VLFK OHLFKWHU IDQJHQ $EHU ² HV LVW DOOHV HKHU QRFK HLQH IHVWH 9HUPX WXQJ DOV HLQH JXWJHIJWH +\SRWKHVH ,FK KRIIH DXI GHU ,QVHO 0DXULWLXV PHKU +LQZHLVH IU GLH 5LFKWLJNHLW GLHVHU 9HUPXWXQJ ]X ILQGHQ ² :LH LVW HV -HDQQHWWH ZLUVW GX PLU GDEHL KHOIHQ"³ $OV HU VLH QLFNHQ VDK VFKZLHJ &RP PHUVRQ]XIULHGHQ Ä6RZDFKVHQGLH,GHHQYRQPRUJHQDXIGHP+XPXVGHU *HGDQNHQYRQJHVWHUQ*HVWDWWHQ6LHPLUOLHEHU&RPPHU VRQ GLHVHV %LOG DXV ,KUHU :LVVHQVFKDIW ]X EHQXW]HQ³ %RXJDLQYLOOH UHJLVWULHUWH GDV YHUELQGOLFKH .RSIQLFNHQ VHLQHV *HVSUlFKVSDUWQHUV XQG IXKU IRUW Ä,FK VHOEVW KDEH GDV 6GODQG QRFK QLFKW YROOVWlQGLJ DEJHVFKULHEHQ $EHU

ODQJH ZHUG LFK PLFK QLFKW PHKU ]LHUHQ N|QQHQ GDPLW /DVVHQ6LHXQVHLQHQ.RPSURPL‰VFKOLH‰HQ&RPPHUVRQ :LU ZHUGHQ GLH ,QVHO XPVHJHOQ XQG VHW]HQ GDQQ XQVHUHQ :HJ QDFK :HVWHQ IRUW ² DEHU QXU VR ODQJH ZLH HV GLH 9RUUlWH QDFK EHVWHP *HZLVVHQ ]XODVVHQ 6ROOWHQ ZLU EHL GLHVHU )DKUW WDWVlFKOLFK QLFKW DXI HLQHQ JUR‰HQ .RQWLQHQW VWR‰HQ JHKW HV DXI Q|UGOLFKHQ .XUVHQ ]X GHQ KROOlQGL VFKHQ 3IHIIHUVlFNHQ LQ %DWDYLD 8QG ZHU ZHL‰ ² YLHO OHLFKW HQWGHFNHQ ZLU DXI GLHVHP 7HLOVWFN GHU )lKUW QRFK HLQPDOVROFKHLQ3DUDGLHVZLH7DKLWL³

9RQ GHQ )UDQ]RVHQ XQEHPHUNW IDQG EHL LKUHU $EIDKUW YRP ELVKHULJHQ $QNHUSODW] HLQ )UHXGHQIHVW DXI GHU ,QVHO VWDWW 'LHVPDO JDE HV ZHQLJHU 3DOPZHLQ DEHU DXFK NHLQH YRP'RQQHUDXVGHQ%OLW]VW|FNHQJHW|WHWHQ,QVXODQHU8QG NHLQH $QJVW EHL GHQ )UDXHQ HV N|QQH LKQHQ JHQDXVR JHKHQ ZLH MHQHU HLQHQ GLH PLW GHQ )UHPGHQ JHNRPPHQ ZDU $QOD‰ ]X GHU )UHXGHQIHLHU ZDU QLFKW QXU GHU SO|W]OLFKH $E]XJ GHU XQKHLPOLFKHQ *lVWH VRQGHUQ YRU DOOHP GLH *HZL‰KHLWGLH6HQGERWHQGHVE|VHQ*HLVWHV0XHUDJEXWR GLHVLFKDOV7DNDURV/HXWHYHUNOHLGHWKDWWHQQLFKWXQQ|WLJ JHUHL]W]XKDEHQ²DXFKGDQQQLFKWDOVLKUIDOVFKHV6SLHO OlQJVW GXUFKVFKDXW ZDU 8QG VR YHUORU GLH )UDJH DQ %DQ JLJNHLWREVLHHLQHV7DJHV]XUFNNHKUHQZUGHQ .DSLWlQ%RXJDLQYLOOHXPVHJHOWHZLHJHSODQWGLH,QVHOLQ ZHLWHP %RJHQ XQG VWHOOWH IHVW GD‰ VLH NHLQ HLQ]HOQHV (LODQG VRQGHUQ 7HLO HLQHV ULQJI|UPLJHQ $UFKLSHOV ZDU 1DFK GLHVHU *HVWDOW GHU ,QVHOJUXSSH QDQQWH HU VLH GLH 1HXHQ=\NODGHQ (LQHQ =XJDQJ ]XP VDJHQKDIWHQ 6GNRQWLQHQW DEHU IDQG ZHGHU HU QRFK HLQ VSlWHUHU 6GVHHIDKUHU /HGLJOLFK GHU

1DPH MHQHU ,QVHOJUXSSH LP 5HLFK 0XHUDJEXWRV ZDQGHOWH VLFK.DSLWlQ-DPHV&RRNQDQQWHVLHGLH1HXHQ+HEULGHQ XQG KHXWH WUlJW GHU XQDEKlQJLJH ,QVHOVWDDW GHQ 1DPHQ 5HSXEOLN9DQXDWX

+HIW $UWKXU&RQDQ'R\OH 6LOYHU%OD]H

,P'DUWPRRULQ.LQJåV3\ODQG YHUVFKZLQGHW GDV IDYR ULVLHUWH3IHUGIUGHQ:HVVH[3RNDODXIVRQGHUEDUH:HLVH XQG GHVVHQ 7UDLQHU ZLUG JUDXVDP HUPRUGHW DXIJHIXQGHQ (V JLEW NDXP $QKDOWVSXQNWH GLH GHQ KHUEHLJHUXIHQHQ +HUUHQ 6KHUORFN +ROPHV XQG 'U :DWVRQ QW]OLFK VHLQ N|QQWHQ«