Der schwarze Stein

'DVQHXH$EHQWHXHU

$EGXKDNLP)DV\ORZ'HUVFKZDU]H6WHLQ 9HUODJ1HXHV/HEHQ%HUOLQ 9E\'XPPH3XWH

7LWHOGHUUXVVLVFKHQ$XVJDEH QzjgucdZf_gv ,QV'HXWVFKHEHUWUDJHQYRQ8UVXOD.UDXVH ,OOXVWUDWLRQHQYRQ.DUO)LVFKHU ,6%1 ‹9HUODJ1HXHV/HEHQ%HUOLQ /L]HQ]1U /69 8PVFKODJ.DUO)LVFKHU 7\SRJUDILH:DOWHU/HLSROG 6FKULIWS7LPHOHVV *HVDPWKHUVWHOOXQJ 'UXFNHUHL1HXHV'HXWVFKODQG%HUOLQ %HVWHOO1U 

'LH 6WLPPHQ ZDUHQ VFKZDFK DOV NlPHQ VLH YRQ ZHLW KHU (U KDWWH GDV EHNORPPHQH *HIKO GD‰ GLH )LQVWHUQLV LKQ IHVW XPNUDOOWH 'DQQ JODXEWH HU LQ HLQH ERGHQORVH 7LHIH ]X VWU]HQ 6HLQ YRQ 1HEHO XPKOOWHV %HZX‰WVHLQ YHUVXFKWH YHU]ZHLIHOW JHJHQ GLHVHV 1LFKWV DQ]XNlPSIHQ XQGVWLHJJOHLFKVDPVHQNUHFKWGLHVHQ$EJUXQGKLQDXI'DV ZLHGHUKROWHVLFKHLQLJH0DOH (QGOLFK EUDFK GLH 'XQNHOKHLW DXI XQG EHU LKP IRU PLHUWHQ VLFK DOOPlKOLFK ]ZHL ZHL‰H *HVWDOWHQ GLH ]X VFKZHEHQ VFKLHQHQ XQG HU EHJDQQ :RUWH ]X XQWHU VFKHLGHQ Ä(U NRPPW ]X VLFK 6ROOHQ ZLU MHW]W GHQ 9DWHU UHLQELW WHQ"³ Ä1HLQHVLVWQRFK]XIUK³ :DVLVWSDVVLHUWEHUOHJWHHUGXPSI:RLVWPHLQ9DWHU" 3O|W]OLFK VSUWH HU LP JHVDPWHQ .|USHU HLQHQ VFKDUIHQ 6FKPHU] *Ul‰OLFKH 0HFKDQLVPHQ VFKLHQHQ LKQ ]XVDP PHQ]XSUHVVHQ XQG VHLQH .QRFKHQ ]X ]HUEUHFKHQ 'HU 5DXPIOOWHVLFKPLWWRVHQGHP/lUPDOVZUGHGLHJDQ]H :HOWEHULKP]XVDPPHQVWU]HQ ,QNXU]HQNODUHQ0RPHQWHQVHLQHVLPPHUZLHGHUYHUO| VFKHQGHQ %HZX‰WVHLQV VDK HU HLQHQ GXQNOHQ +LPPHO XQG GLHYRQ]DKOORVHQ6WHUQHQEHUVlWH0LOFKVWUD‰H« 8PLQGHU'XQNHOKHLWQLFKWIHKO]XWUHWHQVHW]WH8VPDQ YRUVLFKWLJ WDVWHQG HLQHQ )X‰ YRU GHQ DQGHUHQ hEHU LKP DP VGOLFKHQ +LPPHO OHXFKWHWHQ KHOO GLH 6WHUQH 'HU KDOE]HUVW|UWH JLJDQWLVFKH 7RUERJHQ YRU LKP VFKLHQ GLH 0LOFKVWUD‰HLQ]ZHL7HLOH]XWHLOHQ 2E LFK YRP :HJ DEJHNRPPHQ ELQ EHUOHJWH 8VPDQ LUULWLHUW ,FK KlWWH PLU HLQ SDDU 2ULHQWLHUXQJVSXQNWH PDU NLHUHQ VROOHQ VRQVW ODXIH LFK QRFK ELV ]XP 0RUJHQ LQ

GLHVHU)LQVWHUQLVXPKHU (U VWUHQJWH VHLQ *HGlFKWQLV DQ XQG YHUVXFKWH VLFK DQ HLQLJH 'HWDLOV GHU WDJVEHU JHPDFKWHQ %HREDFKWXQJHQ ]X HULQQHUQ « (LQ JHZDOWLJHU TXDGUDWLVFKHU +RI YRQ DOOHQ 6HLWHQ YRQ JHVFKORVVHQHQ *DOHULHQ EHJUHQ]W MHGH PLQGH VWHQV YLHUKXQGHUW 0HWHU ODQJ (V NDP MHW]W GDUDXI DQ GDV =HQWUXPGLHVHV3ODW]HV]XILQGHQ 8VPDQZDUGHU9HU]ZHLIOXQJQDKHDOVHUVFKOLH‰OLFKGLH VFKZDU]H 6LOKRXHWWH HLQHV %DXZHUNHV YRQ HLQIDFKHU IDVW NXELVFKHU*HVWDOWDXVPDFKHQNRQQWH:LHLP)LHEHUOLHIHU GDUDXI ]X (QGOLFK ZDU HU DP ODQJHUVHKQWHQ =LHO 8QG HU ZDU DOOHLQ (U WUDXWH VHLQHQ $XJHQ NDXP DOV HU YRU VLFK GHQ VFKZDU]HQ 6HLGHQVWRII HUEOLFNWH GHU GDV JHVDPWH %DXZHUNJlQ]OLFKHLQKOOWH'DQQDOVHUPLWYRU(UUHJXQJ ]LWWHUQGHQ )LQJHUQ GLH EOLQGH 0DXHU HUWDVWHWH VSUWH HU XQWHUGHPJODWWHQ0DWHULDOGLHXQHEHQH.XSSHHLQHVNOHL QHQ DXV GHU :DQG KHUDXVUDJHQGHQ 6WHLQHV 8QG SO|W]OLFK EHUNDPLKQKLHUXQWHUKDOEGHUKRKHQ7HPSHOPDXHUQQH EHQGHPVFKZDU]HQ6WHLQ0GLJNHLW(UHULQQHUWHVLFKDQ GLH LQ JUR‰HU $QVSDQQXQJ YHUJDQJHQHQ 7DJH GLH GLHVH 1DFKWYRUEHUHLWHWKDWWHQ« $OV GHU 9DWHU VHLQHQ (QWVFKOX‰ PLWJHWHLOW KDWWH HLQ +DGGVFK²HLQH3LOJHUIDKUW²]XGHQKHLOLJHQ6WlWWHQGHV ,VODP]XXQWHUQHKPHQXQGGHQ6RKQPLWVLFK]XQHKPHQ VWDQG 8VPDQ YRU HLQHU VFKZLHULJHQ :DKO 'HU 9RUVFKODJ NODQJGXUFKDXVYHUORFNHQG6HLWMHKHUKDWWH 8VPDQGDYRQ JHWUlXPW PLW HLJHQHQ $XJHQ GLH 6WlWWHQ ]X VHKHQ EHU GLHHUVFKRQVRYLHOJHK|UWXQGJHOHVHQKDWWH$QGHUHUVHLWV ZDUGHUDXJHQEOLFNOLFKH=HLWSXQNWIUHLQH5HLVHPHKUDOV XQJQVWLJ*HUDGHMHW]WDUEHLWHWHHUDQHLQHU$SSDUDWXUPLW GHU HU HLQH ,GHH YRQ GHU HU ODQJH VFKRQ EHVHVVHQ ZDU EHUSUIHQ ZROOWH XQG HU OHEWH EHUHLWV LP 9RUJHVFKPDFN

GHU5HVXOWDWHGLHVHV([SHULPHQWV (U HLQ 6WXGHQW KDWWH HLQHQ /DVHU NRQVWUXLHUW GHU LP VWDQGH ZDU GLH :HOOHQOlQJH GHU 6WUDKOXQJ YRQ NXU]HQ 5DGLRZHOOHQ ELV KLQ ]X GHQ ZHLFKHQ 5|QWJHQVWUDKOHQ VWXIHQORVYHUlQGHUQ]XN|QQHQ 8QWHU GHQ )DFKOHXWHQ KDWWH GDV *HUlW EHUHLWV $XIVHKHQ HUUHJW PDQ VDJWH LKP JUR‰H 0|JOLFKNHLWHQ YRUDXV XQG ZDUWHWHPLW6SDQQXQJDXIVHLQH$QZHQGXQJLQGHU3UD[LV 'LHXQHUZDUWHWHQ5HLVHSOlQHGHV9DWHUVZUGHQ8VPDQV $UEHLW YHU]|JHUQ YLHOOHLFKW VRJDU IU OlQJHUH =HLW $EHU GHQ NUlQNHOQGHQ 9DWHU DOOHLQ DXI HLQH VR DQVWUHQJHQGH 5HLVH]XVFKLFNHQGDYRQNRQQWHDXFKNHLQH5HGHVHLQ $QIDQJVYHUVXFKWH8VPDQGHQ9DWHUXP]XVWLPPHQGLH 3LOJHUIDKUW DXI GDV QlFKVWH -DKU ]X YHUVFKLHEHQ GRFK GHU 9DWHU GHU LQ GLHVHP -DKU GDV $OWHU GHV 3URSKHWHQ >QDFK LVODPLVFKHU hEHUOLHIHUXQJ GUHLXQGVHFK]LJ -DKUH@ HUUHLFKW KDWWHZROOWHVHLQHQ *HEXUWVWDJ PLW HLQHP ZLH HU PHLQWH JRWWJHIlOOLJHQ 6FKULWW NU|QHQ 6FKOLH‰OLFK NDP ² QLFKW ]XP HUVWHQPDO ² ]ZLVFKHQ LKQHQ GHU 0RPHQW ZR GHU 6RKQ IKOWH GD‰ ZHLWHUHV 'LVNXWLHUHQ QXU GDV +HU] GHV DOWHQ 0DQQHV EHODVWHQ ZUGH XQG HU XQWHUZDUI VLFK VHL QHP:LOOHQ 'DQDKPGLH,GHHNRQNUHWH*HVWDOWDQXQGKLHOWLKQGHQ JDQ]HQOHW]WHQ0RQDWLQVWlQGLJHU$QVSDQQXQJ 1DWUOLFK YHUKHLPOLFKWH 8VPDQ VHLQH 3OlQH YRU GHP 9DWHU ZHLO HU GHVVHQ UHOLJL|VH *HIKOH QLFKW YHUOHW]HQ ZROOWH $OOHLQ GHU *HGDQNH KlWWH GHQ $OWHQ VFKRFNLHUW JDQ]]XVFKZHLJHQYRQGHU5HDOLVLHUXQJ)UKHUKDWWH8V PDQ VWHWV PLW GHP 9DWHU EHU VHLQH $UEHLW JHVSURFKHQ GHVKDOE TXlOWHQ LKQ QXQ *HZLVVHQVELVVH 6WlQGLJ JODXEWH HUGHQ9RUZXUILQGHV9DWHUVPRQRWRQHU6WLPPH]XK|UHQ 0LWGLHVHU VWUHQJHQ GXUFK GDV MDKUHODQJH ODXWH /HVHQ GHU

.RUDQVXUHQ JHIRUPWHQ 6WLPPH VFKLHQ HU GHQ 6RKQ IU VHLQHJHKHLPHQ$EVLFKWHQ]XUJHQ

(UEHJDQQGLHVHXQHQGOLFKYHUWUDXWHVWHWVPLWHLQHP$Q IOXJYRQ%HVRUJQLVEHKDIWHWH6WLPPH]XHUNHQQHQ(UQHXW NHKUWHGDV %HZX‰WVHLQ ]XUFN 'DV *HVLFKW GHV LKP OLHE VWHQ0HQVFKHQEHXJWHVLFKEHULKQ Ä.DQQVW GX PLFK K|UHQ PHLQ 6RKQ" *LE HLQ =HLFKHQ ZHQQGXPLFKK|UVW/D‰PLFKQLFKWVRDOOHLQ«³ :LHGHUYHUZLUUWHVLFKGLH5HDOLWlWXQGHU IKOWH ZLH HU ODQJVDPLQGLH'XQNHOKHLW]XUFNVDQN 9RU VHLQHQ $XJHQ EOLHEQXUGHU9DWHULQVHLQHPODQJHQZHL‰HQ*HZDQGDXI GHP.RSIGHQJUR‰HQ7XUEDQ« 8VPDQ NDQQWH GHQ 9DWHU QXU LQ :HL‰ :DKUVFKHLQOLFK KDWWH HU QLH PHKU HWZDV DQGHUHV JHWUDJHQ DOV HU LQ IUKHU -XJHQGGLH6FKZHOOHGHU0HGUHVVH >LVODPLVFKH 6FKXOH@ LQ %XFKDUD EHUVFKULWWHQ KDWWH 6HLW MHQHU =HLW GLHQWH HU HLQ YRQ1DWXUDXVZHLFKHU0HQVFKPLWIDQDWLVFKHP(LIHUGHP ,VODP (U KHLUDWHWH VSlW PLW EHU YLHU]LJ -DKUHQ 'DQQ ZXUGH 8VPDQ JHERUHQ GRFK GLH )UHXGH EHU GHQ 6RKQ ZXUGH YRP 7RG GHU )UDX EHL GHVVHQ *HEXUW EHUVFKDWWHW (UVFKWWHUW EHU GHQ 9HUOXVW VHLQHU )UDX OHLVWHWH HU GHQ 6FKZXUGHQ6RKQJDQ]DOOHLQRKQHGLH+LOIHHLQHVIUHP GHQ 0HQVFKHQ ]X HU]LHKHQ 9RQ GLHVHP $XJHQEOLFN DQ ZDUHQ9DWHUXQG6RKQQLFKWHLQHQHLQ]LJHQ7DJJHWUHQQW 6FKRQ DOV .LQG EHJULII 8VPDQ GD‰ GHU 9DWHU LQ VHLQHQ 7UlXPHQ QXU HLQH =XNXQIW IU VHLQHQ 6RKQ VDK ² GHQ 'LHQVWDQ$OODK(UEHUHLWHWH LKQ DXI GDV JHLVWOLFKH 6HPL QDUYRUXQGHUWDWHV7DJIU7DJ6ROHUQWH8VPDQVFKRQ VHKUIUKDUDELVFKOHVHQ $Q GHQ ODQJHQ :LQWHUDEHQGHQ XQWHUULFKWH LKQ GHU 9DWHU LQ GHQ $XVOHJXQJHQ GHU .RUDQVXUHQ ODV LKP PLW GHU JH

VFKXOWHQ6WLPPHHLQHVJHEWHQ5HGQHUV.DSLWHODXVÄ6LUDW UDVVXO $OODK³ ² Ä/HEHQVEHVFKUHLEXQJ GHV *HVDQGWHQ *RWWHV³ ² XQG YLHOH DQGHUH P\WKLVFKH *HVFKLFKWHQ DXV GHP /HEHQ GHU 3URSKHWHQ XQG VRQVWLJHU +HLOLJHU YRU ,KQ IUHXWHGDVNLQGOLFKH,QWHUHVVHDQGHQ/HJHQGHQ$EHQGIU $EHQG QDFKGHP HU GLH 6FKXODXIJDEHQ JHPDFKW KDWWH NXVFKHOWH VLFK 8VPDQ DQ GHQ 9DWHU XQG EDW LKQ HWZDV Ä6FK|QHV³]XHU]lKOHQ

'RFK GHV 9DWHUV 7UlXPH YRQ HLQHU UHOLJL|VHQ =XNXQIW VHLQHV6RKQHVZlKUWHQQLFKWDOO]XODQJH%DOGVFKRQWUE WHQ VLH VLFK XQG DOV GHU 9DWHU HQGOLFK GLH 8UVDFKH VHLQHU 8QUXKH EHJULII ZDU HV EHUHLWV ]X VSlW (V EHJDQQ GDPLW GD‰8VPDQVHLQHQ9DWHULPPHUHLQGULQJOLFKHUEDWLKPGLH ]DKOORVHQ:XQGHU]XHUNOlUHQDXVGHQHQLPZHVHQWOLFKHQ GDV /HEHQ GHU +HLOLJHQ EHVWDQG 'HU 9DWHU ZX‰WH QLFKW ZDVHUWXQVROOWH(UQDKPDOOVHLQ7DOHQWGLHLKPDQJHER UHQH*DEHHLQHV3UHGLJHUV ]XVDPPHQ XQG YHUVXFKWH GHQ 6RKQ YRQ GHVVHQ ZLH LKP VFKLHQ OlVWHUOLFKHQ )UDJHQ

DE]XEULQJHQ (U EHPKWH VLFK GLH YRU VHLQHQ $XJHQ VLFK ELOGHQGH PL‰OLHELJH :HOWDQVFKDXXQJ GHV 6RKQHV DE]X ZHKUHQ'RFKGLH6FKXOHXQGGHUGHQ-XQJHQXPJHEHQGH $OOWDJ WUXJHQ GHQ 6LHJ LQ GLHVHP :HWWVWUHLW GDYRQ 'HU HLQ]LJH 7URVW IU GHQ 9DWHU ZDU GD‰ GDV ,QWHUHVVH VHLQHV 6RKQHV DQ UHOLJL|VHU /LWHUDWXU NHLQHVZHJV HUODKPWH QDFK ZLH YRU ODV 8VPDQ GHQ .RUDQ GLH %LEHO XQG VW|EHUWH LQ GHQ )ROLDQWHQ DOWHKUZUGLJHU 6FKULIWVWHOOHU KHUXP $OOHU GLQJV VFKPHU]WHQ GLH )UDJHQ GHV -XQJHQ GHU VLFK PHKU XQGPHKULQGHQ1DWXUZLVVHQVFKDIWHQELOGHWH)UDJHQQDFK GHQ:XQGHUQGHU+HLOLJHQGHQ9DWHULPPHUKHIWLJHU $OV8VPDQQDFK%HHQGLJXQJGHU6FKXOHHUNOlUWHGD‰HU GLH 8QLYHUVLWlW EHVXFKHQ XQG 3K\VLN VWXGLHUHQ ZROOH EHJULII GHU 9DWHU GD‰ VHLQH +RIIQXQJHQ GHQ 6RKQ DOV JHELOGHWHQ'LHQHUGHV,VODP]XVHKHQHQGJOWLJEHJUDEHQ ZDUHQ 'LH YLHOHQ *HEHWH ]X $OODK KDWWHQ NHLQH )UFKWH JHWUDJHQ XQG HU VFKLFNWH VLFK GUHLQ ZLH VFKRQ VR YLHOH 0DOHLP/HEHQXQGWU|VWHWHVLFKGDPLWGD‰DOOHVYRQ*RWW NDP $XFKZlKUHQGGHV6WXGLXPVLQWHUHVVLHUWHVLFK8VPDQIU UHOLJL|VH /LWHUDWXU LQ VHLQHU )UHL]HLW ODV HU YLHO XQG IRU GHUWH GHQ 9DWHU RIW ]X SKLORVRSKLVFKHQ (U|UWHUXQJHQ KHU DXV $OV 8VPDQ LP YLHUWHQ 6WXGLHQMDKU ZDU EHVFKOR‰ GHU 9DWHULKQPLWDXIGLH3LOJHUUHLVH]XQHKPHQ

8QG VR VFKULWWHQ VLH DP VLHEWHQ 7DJ GHV 0RQDWV 6XO KLGVFKD QDFK GHP LVODPLVFKHQ .DOHQGHU LQ HLQHU JUR‰HQ *UXSSHYRQYLHOHQ3LOJHUQYRQGHU*DQJZD\DXIGLHLQGHU KHL‰HQ DUDELVFKHQ 6RQQH JOHL‰HQGH 3LVWH GHV PRGHUQHQ )OXJKDIHQV ,Q GHP NOHLQHQ 6WlGWFKHQ GDV LQPLWWHQ GHU HLQW|QLJHQ :VWH ODJ NDPHQ LQ GLHVHQ 7DJHQ DXI GHP

/DQGXQG/XIWZHJHXQ]lKOLJH3LOJHUDQ1DFKGHPVLHGLH EOLFKHQ .RQWUROOHQ GLH )UDJHQ QDFK .RQIHVVLRQ XQG 5HLVH]LHOKLQWHUVLFKJHEUDFKWKDWWHQPDFKWHQVLHVLFKDXI ]XP HQGJOWLJHQ =LHO LKUHU 3LOJHUUHLVH 'LH %HWRQVWUD‰H GXUFK GLH JHOEH OHEORVH :VWH GLH QXU ]X =HLWHQ GHV +DGGVFKVREHOHEWZDUEUDFKWHVLHLQGLH6WDGWLQGLHGHU /HJHQGH QDFK YRU ODQJHQ =HLWHQ DXFK GHU 3URSKHW VHLQHQ )X‰JHVHW]WKDWWH 1DFK HLQHU 6WXQGH )DKU]HLW HUEOLFNWH 8VPDQ GLH DXV /HKP]LHJHOQ HUULFKWHWHQ Ä:RONHQNUDW]HU³ XQG GLH 0LQD UHWWHXQ]lKOLJHU0RVFKHHQ$XVHLQHP DXIHLQHPVFKZDU ]HQ&DGLOODFPRQWLHUWHQ/DXWVSUHFKHUW|QWHQGLH5XIHGHV 6FKHLFKV ,Q GHQ $XJHQ GHV 9DWHUV JOlQ]WHQ 7UlQHQ HLQHV JUHQ ]HQORVHQ*OFNV8QDEOlVVLJPXUPHOWHHU.RUDQVXUHQYRU VLFKKLQZDQGWHHUVLFKLP*HEHWDQ$OODK 1XU PLW 0KH EDKQWHQ VLH VLFK GXUFK GLH YRQ 3LOJHUQ EHUIOOWHQ VFKPDOHQ *DVVHQ GHQ :HJ XQG HUUHLFKWHQ HQGOLFK GDV *DVWKDXV LQ GHP VLH 8QWHUNXQIW IDQGHQ %LV ]XP$EHQGZDUHVQRFKODQJHKLQXQGQDFKHLQHUNXU]HQ 5DVWIROJWH8VPDQGHP'UlQJHQGHV9DWHUVGHUVRVFKQHOO ZLHP|JOLFKGDV+DXSWKHLOLJWXPGHV,VODP²GHQ7HPSHO $OODKV²DXIVXFKHQZROOWH:LHHLQVWDUNVWU|PHQGHU)OX‰ ZRJWH GLH 0HQJH GXUFK GLH 6WUD‰HQ XQG VDXJWH VRJOHLFK 8VPDQXQGVHLQHQ9DWHUDXI 'HU7HPSHOEHIDQGVLFKLP+RIGHU+DXSWPRVFKHH*H VFKREHQXQGJHGUlQJWYRQGHQYLHOHQ0HQVFKHQ]ZlQJWHQ VLH VLFK GXUFK GDV EUHLWH 7RU 8VPDQ EOLHE ZLH HUVWDUUW VWHKHQ HUJULIIHQ YRQ GHP 6FKDXVSLHO GDV VLFK LKP ERW $XIGHP JHZDOWLJHQ TXDGUDWLVFKHQ 3ODW] VWDQGHQ GLFKWJH GUlQJW0lQQHULQZHL‰HQ.DIODQHQ2EZRKO8VPDQJHK|UW KDWWH GD‰ KLHU JOHLFK]HLWLJ PHKU DOV GUHLKXQGHUWWDXVHQG

0HQVFKHQ 3ODW] IDQGHQ HUODQJWH GLHVH =DKO MHW]W IU LKQ HLQHQLUUHDOHQSKDQWDVWLVFKHQ6LQQ ,QQHUKDOE GHV +RIHV ZRJWH HLQH XQEHVFKUHLEOLFKH (UUH JXQJ7DXVHQGH0HQVFKHQLQVFKUHFNOLFKHU(QJHHLQDQGHU VFKXEVHQGYROO]RJHQLQIDQDWLVFKHP(LIHUGLH5LWXDOHGHV +DGGVFK GLH YRQ GHQ *HERWHQ GHV ,VODP NDQRQLVLHUW ZDUHQ 'UFNHQGH +LW]H ODJ EHU GHP 3ODW] ,Q GHU 0LWWH GLHVHV 0HQVFKHQVWUXGHOV LQ HWZD YLHU]LJ 0HWHU (QWIHU QXQJ UDJWH GDV YRQ HLQHP JOlQ]HQGHQ GXQNOHQ 7XFK EHGHFNWH9LHUHFNGHV7HPSHOVDXI'LHYRQGHQ0RVFKHH GLHQHUQJHVFKLFNWPDQLSXOLHUWHQ7UDGLWLRQHQEHVDJWHQGD‰ GLH 3LOJHU VREDOG VLH GDV +HLOLJWXP EHWUHWHQ KDWWHQ DOOHV :HOWOLFKH YRQ VLFK DE]XVWUHLIHQ XQG DOOHV DX‰HU GHP 1DPHQ $OODKV DXV LKUHP %HZX‰WVHLQ ]X YHUEDQQHQ KlW WHQ $OOHLQ VFKRQ GHU $QEOLFN GHU KHLOLJHQ 0RVFKHH GLH DXI P\WKLVFKH :HLVH PLW GHQ 1DPHQ GHU 3URSKHWHQ YHU EXQGHQ ZDU VROOWH GLH 3LOJHU ]X JUR‰]JLJHQ 6SHQGHQ YHUDQODVVHQ VROOWH VLH DXI GLH Ä9HUJlQJOLFKNHLW³ DOOHQ LUGLVFKHQ/HEHQVHLQVWLPPHQ 'HU9DWHUZXUGHYRQGHUDOOJHPHLQHQHNVWDWLVFKHQ6WLP PXQJ HUID‰W GLH LQ GHU 0RVFKHH KHUUVFKWH 8VPDQ ZDU EHPKW DQ VHLQHU 6HLWH ]X EOHLEHQ HU KDWWH $QJVW GHQ 9DWHULQGLHVHP'XUFKHLQDQGHU]XYHUOLHUHQ %HWUDWPDQGDV0RVFKHHJHOlQGH JDOWHVVLHEHQPDOGHQ 7HPSHO]XXPUXQGHQZREHLMHGHVPDOGHU6FKZDU]H6WHLQ GHU LQ GHVVHQ 0DXHU HLQJHODVVHQ ZDU JHN‰W ZHUGHQ PX‰WH 'LHVH =HUHPRQLH LQ GHU EURGHOQGHQ 0HQJH ]X YROOIKUHQ ZDU NHLQ OHLFKWHV 8QWHUIDQJHQ 'D KDOI DXFK GDV%HPKHQ]ZHLHUDWKOHWLVFKHU.HUOHZHQLJGLHVLFK]X EHLGHQ 6HLWHQ GHV 6WHLQV SRVWLHUW KDWWHQ XQG PLW XQ EDUPKHU]LJHQ 3HLWVFKHQKLHEHQ GLH 0HQJH ZHLWHUWULHEHQ 'LH 3LOJHU QDFK GHP VLHEHQPDOLJHQ %HUKUHQ GHV 6WHLQV

YRQLKUHQ Ä6QGHQ JHUHLQLJW³ VWUHEWHQ GHU QlFKVWHQ ÄKHL OLJHQ 3IOLFKW³ ]X 1XQ PX‰WHQ VLH VLHEHQPDO ]ZLVFKHQ ]ZHL+JHOQKLQXQGKHUODXIHQGLHDQHQWJHJHQJHVHW]WHQ (QGHQHLQHUGHU0RVFKHHQJDOHULHQODJHQ8QGVFKOLH‰OLFK VROOWHQ GLH 3LOJHU VRIHUQ VLH GLHVHQ DQVWUHQJHQGHQ 0DUD WKRQEHUVWDQGHQKDWWHQVLFK]XU6DPVDPTXHOOHDPDQGH UHQ (QGH GHV 0RVFKHHJHOlQGHV GXUFKNlPSIHQ 'DV %H QHW]HQGHV*HVLFKWVXQGHLQ6FKOXFNGHVNKOHQ4XHOOZDV VHUV PLW GHP GHU hEHUOLHIHUXQJ QDFK GHU 8UYDWHU GHU $UDEHU ,VPDLO GHU 6RKQ ,EUDKLPV ² GHU ELEOLVFKH $EUD KDP ² VHLQHQ 'XUVW JHVWLOOW KDWWH JDOW DOV GLH K|FKVWH 6WXIHGHV*OFNV hEHUHWOLFKH 7DJHYRP0RUJHQELV]XP $EHQG VWU|P WHQ GLH 3LOJHU XQDEOlVVLJ ]XU 0RVFKHH XQG ZLHGHUKROWHQ GLHVH 3UR]HGXUHQ 'LH UHOLJL|VH +\VWHULH GD]X GLH (QJH XQGGLH+LW]HWDWHQHLQEULJHV0DQFKHGHU3LOJHUGLHDXI *UXQG LKUHU DQJHJULIIHQHQ *HVXQGKHLW GLHVH $QVWUHQJXQ JHQ QLFKW GXUFKVWDQGHQ EUDFKHQ JHVFKZlFKW ]XVDPPHQ KLHUGLUHNWDQGHU6FKZHOOH]X$OODKV+DXV (UVWVSlWDP$EHQGNRQQWH8VPDQGHQ9DWHUEHUUHGHQ GLH0RVFKHH]XYHUODVVHQ8QGZLHVFKRQDP7DJHXQDE OlVVLJ6XUHQPXUPHOQGYHUOLH‰GHU9DWHUJHVWW]WDXIGHQ $UPVHLQHV6RKQHVEHWHQGGDV+HLOLJWXP ,P *DVWKDXV DQJHNRPPHQ ]ZDQJ 8VPDQ GHQ 9DWHU VLFK KLQ]XOHJHQ XQG DXV]XUXKHQ (U VHOEVW NRQQWH NHLQH 5XKH ILQGHQ VWDQG LPPHU QRFK XQWHU GHP HUUHJHQGHQ (LQGUXFN GHVVHQ ZDV HU LQ GHU 0RVFKHH JHVHKHQ KDWWH 'LH 3OlQH PLW GHP 6FKZDU]HQ 6WHLQ VFKLHQHQ LKP MHW]W ZLHHLQQDLYHUNLQGOLFKHU7UDXP 'HQQRFK HU PX‰WH GHQ 6FKZDU]HQ 6WHLQ KDEHQ 'DV 9HUODQJHQQDFKLKPZDUQLFKWZHQLJHU JUR‰ DOV GDV HLQHV EHOLHELJHQ3LOJHUV 'RFK HU VDK HLQ GD‰ GHU 6WHLQ IU LKQ

VRIHUQXQGXQHUUHLFKEDUZDUDOVEHIlQGHHUVLFK7DXVHQGH YRQ .LORPHWHUQ ZHLW ZHJ 7DJVEHU ZDU GHU 6WHLQ YRQ HLQHU XQGXUFKGULQJOLFKHQ ZLUEHOQGHQ 0HQVFKHQPHQJH XPJHEHQ PDQ NRQQWH VLFK LKP QXU IU HLQHQ ZLQ]LJHQ $XJHQEOLFN QlKHUQ XQG GDV HLQ]LJ PLW GHP =LHO VHLQH /LSSHQ DXILKQ]XGUFNHQ8VPDQDEHUKDWWHHLQ DQGHUHV =LHO« (UOHJWHVLFKVFKODIHQ9RPNRPPHQGHQ7DJHUZDUWHWHHU QLFKWV 'RFK GHU QlFKVWH 0RUJHQ EUDFKWH HLQH XQHUZDUWHWH :HQGH 'LH 3LOJHU GLH GLH 6WUD‰HQ XQG GLH 0RVFKHH JH IOOWKDWWHQVWUHEWHQDXVGHU6WDGWKLQ]XGHP%HUJZRGHU hEHUOLHIHUXQJ QDFK GHU 3URSKHW GLH HUVWH ÄJ|WWOLFKH (U OHXFKWXQJ³ HPSIDQJHQ KDWWH 8VPDQ K|UWH GD‰ GLH 6WDGW DXFKDQGHQEHLGHQIROJHQGHQ7DJHQOHHUVHLQZUGH ,FK PX‰ XQEHGLQJW DQ 2UW XQG 6WHOOH EOHLEHQ ZDU VHLQ HUVWHU*HGDQNH'HQ9DWHUYRQGHPDQVWUHQJHQGHQ0DUVFK DE]XKDOWHQ ZlUH HLQ DXVVLFKWVORVHV 8QWHUIDQJHQ 'LH +JHONHWWHQ GHU %HUJH GLH PDQ YRQ GHU 6WDGW DXV VHKHQ NRQQWH ]RJHQ GHQ 9DWHU XQZLGHUVWHKOLFK DQ (V EOLHE QXU HLQHV 8VPDQ PX‰WH LUJHQGHLQHQ 9RUZDQG ILQGHQ XP LQ GHU 6WDGW EOHLEHQ ]X N|QQHQ 'DV ZDU GHP 9DWHU JHJHQ EHU]ZDUQLFKWVHKUHKUHQKDIWDEHUHUVDKNHLQHQDQGHUHQ $XVZHJ9DWHUZLUG PLU YHU]HLKHQ VDJWH HU VLFK VFKOLH‰ OLFKWXHLFKQLFKWVZDVGHQ/HXWHQVFKDGHQN|QQWH $EHUHUPX‰WHHLQH%HJOHLWXQJIUGHQ9DWHUILQGHQ6R EHUUHGHWH HU GHQ :LUW ]XVDPPHQ PLW GHP $OWHQ GLH 3LOJHUIDKUW LQ GLH %HUJH ]X XQWHUQHKPHQ 'HP 9DWHU JH JHQEHU JDE HU YRU GHQ KHIWLJHQ .OLPDZHFKVHO VFKOHFKW ]XYHUWUDJHQ %DOG VFKRQ VFKOR‰ VLFK GHU 9DWHU GHP 3LOJHUVWURP DQ GHUXQDEOlVVLJLQGLH%HUJHZDOOIDKUWH

8VPDQDEHUKLHOWVLFKGHQJDQ]HQ7DJLQGHU8PJHEXQJ GHU 0RVFKHH DXI (U YHUVXFKWH VLFK DOOH :HJH DOOH $XV JlQJH XQG GLH /DJH GHV 7HPSHOV HLQ]XSUlJHQ 'DV +HL OLJWXP PDFKWH HLQHQ JHUDGH]X YHUODVVHQHQ (LQGUXFN REZRKOVLFKDXFKMHW]WDQGLHWDXVHQG3LOJHUKLHUWXPPHO WHQ 8VPDQ HUIXKU GD‰ VLFK QDFKWV QLHPDQG PHKU LQ GHU 0RVFKHHDXIKDOWHQZUGH 8P 0LWWHUQDFKW VWDKO HU VLFK XQWHU JUR‰HQ 9RUVLFKWV PD‰QDKPHQLQGHQ7HPSHOEH]LUN (U |IIQHWH GLH $XJHQ 5LQJVXPKHU KHUUVFKWH 'lPPH UXQJ 1HEHQ LKP DXI HLQHP 7LVFKFKHQ IODFNHUWH WUEH .HU]HQVFKHLQ 8VPDQ XQWHUVFKLHG GLH :lQGH GHV NOHLQHQ 5DXPHVLQGHVVHQ0LWWHHUDXIHLQHP%HWWODJ+LQWHUGHP )HQVWHUKHUUVFKWHWLHIVWH1DFKW6HLQ%HZX‰WVHLQZDUNODU 6FKPHU]HQIKOWHHUNHLQH-HW]WHULQQHUWHHUVLFK DXFK DQ DOOHV ZDV PLW LKP JHVFKHKHQ ZDU DQ DOOHV ELV KLQ LQV ZLQ]LJVWH'HWDLO ,VWGDVZLUNOLFKDOOHVSDVVLHUWIUDJWHHUVLFK :DKUVFKHLQOLFKGRFKMDVRPX‰WHHVJHZHVHQVHLQ 'D ZDU MD DXFK GHU HUVWH %HZHLV ² HU EHIDQG VLFK LQ HLQHP .UDQNHQ]LPPHU (U HULQQHUWH VLFK DQ GLH KHIWLJHQ 6FKPHU]DQIlOOH DQ GLH 0RPHQWH GHV ZLHGHUNHKUHQGHQ %HZX‰WVHLQVDQGHQ9DWHUGHUQHEHQLKPJHVHVVHQKDWWH $OOHVKDWWHLQGHU1DFKWEHJRQQHQDOVHULQGHQ7HPSHO HLQJHGUXQJHQZDU« (QGOLFKKDWWHHUGHQ6WHLQJDQ]IUVLFKDOOHLQ9RUVLFKWLJ EOLFNWHVLFK8VPDQXPODXVFKWHLQGLH 1DFKW 'RFK YRP +RIXQGGHQLQV'XQNHOJHWDXFKWHQ*DOHULHQGHU0RVFKHH NDPNHLQ/DXW 'HU 6WHLQ ZDU LQ GLH :DQG GHV 7HPSHOV HLQJHODVVHQ ² HLQ XUDOWHV DXV JURE JHKDXHQHQ GXQNHOJUDXHQ *UDQLWEO|N NHQ HUULFKWHWHV %DXZHUN 'DV JDQ]H -DKU EHU EOLHE GHU

HLQ]LJH (LQJDQJ ]XP 7HPSHO JHVFKORVVHQ 1XU DQ HLQHP 7DJ ZlKUHQG GHU JHVDPWHQ :DOOIDKUWV]HLW ZXUGH GLHVHV 7RUJH|IIQHWXQGGDVQXUIUGHQÄ6WHOOYHUWUHWHU$OODKVDXI (UGHQ³ ² GHQ .|QLJ GLHVHV /DQGHV GHU DOOHLQ GLHVHQ JHKHLPQLVYROOHQ7HPSHOEHWUHWHQXQGHLQLJH=HLWLQDEVR OXWHU(LQVDPNHLWGRUWYHUEULQJHQGXUIWH 'DQQ ZXUGH GHU 7HPSHOHLQJDQJ ZLHGHU IU HLQ YROOHV -DKUJHVFKORVVHQ 'HU 6FKZDU]H 6WHLQ UDJWH DQ GHU |VWOLFKHQ (FNH GHV 7HPSHOVDXVGHU:DQGHWZDHLQHQ0HWHUEHUGHQ(UGER GHQ ,Q YLHOHQ -DKUKXQGHUWHQ KDWWHQ GLH /LSSHQ YRQ 0LO OLRQHQ JOlXELJHU 0XVHOPDQHQ GLH 2EHUIOlFKH GLHVHV UDX KHQ6WHLQVDXI+RFKJODQ]SROLHUW(UZDUQLFKWHLQPDOVHKU JUR‰GLHVHUEHUKPWHVFKZDU]H%URFNHQLQGHU)RUPIDVW HLQ(OOLSVRLGHLQHQNQDSSHQ0HWHUODQJ 'LH=HLWOlXIWHZDUHQDQGHP6WHLQYRUEHLJH]RJHQGRFK HU VHOEVW ZDU IDVW LPPHU DQ VHLQHP JHKHLOLJWHQ 3ODW] JH EOLHEHQ,QGHQILQVWHUHQ=HLWHQGHVIHUQHQ0LWWHODOWHUVDOV .DOLI ,EQDV6XEHLU KHUUVFKWH ZDU GLH 6WDGW QLHGHUJHZRU IHQ XQG DQVFKOLH‰HQG YRQ GHQ 6\UHUQ LQ %UDQG JHVWHFNW ZRUGHQ$XFKGHQ7HPSHOKDWWHGDV)HXHUHUID‰W(LQ5L‰ LP 6FKZDU]HQ 6WHLQ GHU VLFK ZlKUHQG GHV %UDQGHV JH ELOGHWKDWWHOHJWHQRFKKHXWHEHUHGWHV=HXJQLVGDYRQDE 6SlWHUKDWWH.DOLI$EGDO0DOLNGHUGLHLVODPLVFKH:HOW YRQ'DPDVNXVDXVUHJLHUWHGLHDXIVlVVLJH6WDGWLP6WXUP JHQRPPHQXQGGHQ6WHLQLQGDVIHUQH-HUXVDOHPHQWIKUW $EHUGLH6WDGWNRQQWHLKUHQKHLOLJHQ6WHLQ]XUFNHUODQJHQ :LHYLHO/HJHQGHQXQGhEHUOLHIHUXQJHQXPJHEHQGLHVHQ 6WHLQ 'LH 0XVHOPDQHQ JODXEHQ GHU $OOHUK|FKVWH VHOEVW KDEH $GDP GLHVHQ 6WHLQ JHVDQGW 8QG ]ZDU EHU GHQ UlFKHQGHQ %RWHQ *RWWHV 'VKDEUDLO ² GHQ (U]HQJHO *D EULHO6SlWHUQDFKYLHOHQ7DXVHQGHQYRQ-DKUHQKDEHGHU

8UYDWHU GHV KLHVLJHQ 6WDPPHV ,EUDKLP ² $EUDKDP GHU ]XVDPPHQPLWVHLQHP6RKQ,VPDLOGLHVHQ7HPSHOHUEDXWH ² GLH LUGLVFKH +HLPVWDWW $OODKV GHQ 6WHLQ LQ GHP *H PlXHUYHUDQNHUW,QUHOLJL|VHQ6FKULIWHQVWHKWJHVFKULHEHQ GD‰ GHU 6WDPPYDWHU GHU $UDEHU ]XVDPPHQ PLW VHLQHU 0XWWHULP7HPSHOXQWHUGLHVHP6WHLQEHJUDEHQOLHJW 'LH /HJHQGH EHU GLH DX‰HULUGLVFKH +HUNXQIW GHV 6FKZDU]HQ6WHLQV²ZRP|JOLFKGHU1DFKKDOOHLQHVUHDOHQ (UHLJQLVVHV ² EHVDJW LQ YRUKLVWRULVFKHQ =HLWHQ VHL HLQ +LPPHOVN|USHULQGHU$UDELVFKHQ:VWHQLHGHUJHJDQJHQ (LQLJH+LVWRULNHUYHUPXWHQGD‰HLQ0HWHRULWLQGLH 7HP SHOPDXHU HLQJHIJW ZRUGHQ LVW $XI GLHVH )UDJH N|QQWH QXU GLH :LVVHQVFKDIW DQWZRUWHQ GRFK ELV KHXWH KDW VLH NHLQHQ =XJDQJ ]XP 6FKZDU]HQ 6WHLQ HUKLQJW 'DV HLIHU VFKWLJH 9HUKlOWQLV GHU 'LHQHU *RWWHV ]XP +HLOLJWXP GHV ,VODPGUFNWVLFKDXFKLQGHUÄ9HUWHLGLJXQJ³GLHVHV6WHLQV YRUGHQÄ8QJOlXELJHQ³DXV7RGHVJHIDKUGURKWMHGHPGHU VLFKLKPPLWDQGHUHQDOVUHOLJL|VHQ=LHOHQQlKHUW$OOGDV I|UGHUW LPPHU QHXH /HJHQGHQ XQG *HKHLPQLVVH XP GHQ 6FKZDU]HQ6WHLQ

6FKRQ DOV .LQG K|UWH 8VPDQ *HVFKLFKWHQ YRQ GHP 6WHLQGRFKHUVFKHQNWHLKQHQQLFKWYLHO%HDFKWXQJ²ZDV JLQJ LKQ HLQ 6WHLQ DQ GHU VR ZHLW ZHJ YRQ LKP ZDU $OV DEHU GLH 3LOJHUUHLVH LQV +DXV VWDQG ZXUGH VHLQ ,QWHUHVVH ZLHGHU ZDFK 8QG ZHQQ LFK YHUVXFKH KHUDXV]XNULHJHQ ZDV QXQ ZLUNOLFK DQ GLHVHP VFKZDU]HQ %URFNHQ GUDQ LVW GHUGDLQGHU7HPSHOPDXHUNOHEW":HQQHVWDWVlFKOLFKHLQ 0HWHRULWLVWZUGHLFKJHUQVHLQHLQQHUH6WUXNWXUXQWHUVX FKHQ« 9RQ GLHVHP 7DJ DQ VFKRE 8VPDQ DOOHV DQGHUH EHLVHLWH XQG EHUHLWHWH VLFK LQVJHKHLP ² GHU 9DWHU GXUIWH GDYRQ

VHOEVWUHGHQGQLFKWV HUIDKUHQ ² DXI GLHVHV XQJHZ|KQOLFKH 8QWHUQHKPHQ YRU :LHGHU QDKP HU VLFK DOOH %FKHU YRU GLH EHU GHQ 6FKZDU]HQ 6WHLQ EHULFKWHWHQ VHOEVW GLH RE VNXUVWHQ %HVFKUHLEXQJHQ LQ UHOLJL|VHQ 6FKULIWHQ 0LW XQJHNDQQWHP (LIHU OHJWH HU &KDUDNWHU XQG %HGLQJXQJHQ GHV([SHULPHQWVIHVW(UZDUEHU]HXJWGD‰HVLKPJHOLQ JHQZUGHGLH.ULVWDOOXQG(OHNWURQHQVWUXNWXUGHV6WHLQ PDWHULDOV ]X EHVWLPPHQ 'LH =HLW GUlQJWH XQG VR YHU EUDFKWH HU 7DJ XQG 1DFKW LP /DERU EHPKWH VLFK VHLQH $SSDUDWXU GLHVHP 9HUVXFK DQ]XSDVVHQ (U NRQVWUXLHUWH HLQH KDQGOLFKH 0LQLDWXUYDULDQWH VHLQHV /DVHUV XQG HLQHQ KRFKHPSILQGOLFKHQ (PSIlQJHU XP GLH YHUVFKLHGHQVWHQ 6WUDKOXQJHQ]XUHJLVWULHUHQ6FKOLH‰OLFKZDUHUVRZHLWXQG DOOHVKDWWHEHTXHPLQHLQHU$NWHQWDVFKH3ODW] 8QGQXQVWDQGHUPLWGLHVHU7DVFKHYRUGHUKRKHQ7HP SHOPDXHU 9LHO =HLW KDWWH HU QLFKW ]XU 9HUIJXQJ (U PX‰WH GLHVHQ 2UWYHUODVVHQKDEHQEHYRULQGHU )UKHGLHHUVWHQ 3LOJHU GLHDXVZHOFKHQ*UQGHQDXFKLPPHUQLFKWLQGLH%HUJH JHJDQJHQ ZDUHQ GLH 0RVFKHH EHWUDWHQ 'HVKDOE KDWWH HU VLFKHLQHQJHQDXIL[LHUWHQ$NWLRQVSODQ]XUHFKWJHOHJW 8PGLHLKQLQWHUHVVLHUHQGHQSK\VLNDOLVFKHQ (LJHQVFKDI WHQGHV6WHLQV]XEHVWLPPHQZROOWH HU GLH 5HIOH[LRQ XQG $EVRUSWLRQ LQ XQWHUVFKLHGOLFKHQ )UHTXHQ]EHUHLFKHQ PHV VHQ(UEHJDQQPLWGHU5HIOH[LRQ)UGLHVHQ=ZHFNEHDU EHLWHWH HU HLQH NOHLQH 6WHOOH DQ GHU 2EHUIOlFKH GHV 6WHLQV PLWHLQHUVSH]LHOOHQ/|VXQJXQGULFKWHWHGHQ/DVHUGDUDXI GHUDXIHLQHQ]XVDPPHQNODSSEDUHQ'UHLIX‰PRQWLHUWZDU $XIGLHVHP'UHLIX‰GLUHNWQHEHQGHP /DVHUEHIDQGVLFK DXFK GHU (PSIlQJHU GHU GLH 6WUDKOXQJ UHJLVWULHUWH 'DQQ VWHOOWH HU GHQ /DVHU DXI DXWRPDWLVFKH 9HUlQGHUXQJ GHU :HOOHQOlQJHQHLQ'DV*HUlW]HLFKQHWHHLQ'LDJUDPPGHU

/HXFKWGLFKWH GHV UHIOHNWLHUWHQ 6WUDKOV DXI HLQ VFKPDOHV 3DSLHUEDQG ² EHJLQQHQG PLW 5DGLRZHOOHQ ELV KLQ ]X NXU]ZHOOLJHU*DPPDVWUDKOXQJXQGHUID‰WHDXIGLHVH:HLVH HLQHQDXVJHGHKQWHQ%HUHLFKHOHNWURPDJQHWLVFKHU:HOOHQ

8VPDQYHUIROJWHDXIPHUNVDPGLH$XI]HLFKQXQJHQ1DFK HLQHUJHZLVVHQ=HLWHUVFKLHQDXIGHP6WHLQHLQGXQNHOURWHU )OHFN GHU QDFKHLQDQGHU DOOH 5HJHQERJHQIDUEHQ DQQDKP XQG DOOPlKOLFK DOV YLROHWWHU 1HEHO YHUVFKZDQG 8VPDQ VHOEVW VFKLHQ LQ GLHVHQ 1HEHO HLQ]XWDXFKHQ ² GHU DOWHU WPOLFKH7HPSHOGLHJHZDOWLJH0RVFKHHXQGGLHIHVVHOQ GH :HOW GHU /HJHQGHQ GLH PLW LKQHQ YHUEXQGHQ ZDUHQ H[LVWLHUWHQ QLFKW PHKU 'D ZDU QXU QRFK GHU 6WHLQ DOV 2EMHNW GHU )RUVFKXQJ (U YHUJD‰ DOOH =ZHLIHO XQG DOOH *HIDKU 'D ZDU QXU QRFK GLH VFK|SIHULVFKH 8QUXKH GHV )RUVFKHUV GHU PLW 6SDQQXQJ 9HUODXI XQG 5HVXOWDW GHV ([SHULPHQWVYHUIROJWH 1DFKGHP GHU /DVHU GHQ %HUHLFK GHU ZHLFKHQ 5|QWJHQ VWUDKOHQ GXUFKODXIHQ KDWWH VFKDOWHWH HU VLFK DXWRPDWLVFK

DE 1RFK HLQPDO ZDUI 8VPDQ HLQHQ %OLFN DXI GDV DXIJH ]HLFKQHWH'LDJUDPP'DQQPDFKWHHUVLFK DQGLH QlFKVWH (WDSSH GHV 9HUVXFKV 'D]X PX‰WH HU GLH /DVHUVWUDKOXQJ GXUFK GLH JHVDPWH 'LFNH GHV 6WHLQV VFKLFNHQ XQG GLH ,QWHQVLWlW GHV GXUFKJHJDQJHQHQ 6WUDKOV PHVVHQ $QKDQG VHLQHU /HXFKWGLFKWH NRQQWH HU GDQQ GLH $EVRUSWLRQVIlKLJ NHLWGHV6WHLQVEHXUWHLOHQ 8VPDQ HUWDVWHWH HLQHQ NOHLQHQ +|FNHU DXI GHU 2EHUIOl FKH GHV 6WHLQV XQG ULFKWHWH GHQ /DVHU YRQ GHU 6HLWH DXI GLHVH6WHOOH'HU(PSIlQJHUGHUQXQJHJHQEHUGHP/DVHU SRVWLHUW ZDU ² DXI GHU DQGHUHQ 6HLWH GHV +|FNHUV ² PX‰WH MHW]W GHQ 6WUDKO UHJLVWULHUHQ GHU GXUFK GHQ 6WHLQ GXUFKJHJDQJHQZDU$OVGHU(PSIlQJHUGHQ6WUDKOÄHLQJH IDQJHQ³KDWWHVFKDOWHWH8VPDQGLH$SSDUDWXUHLQ 'LH QHUY|VH XQG SK\VLVFKH %HODVWXQJ GHU OHW]WHQ 7DJH PDFKWHQVLFKEHPHUNEDU8VPDQUHFNWHVLFKKREGHQ.RSI XQGEHWUDFKWHWHGHQ6WHUQHQKLPPHO«$OVHUVLFKZLHGHU GHP *HUlW ]XZDQGWH VWHOOWH HU IHVW GD‰ GHU /DVHU VLFK EHUHLWVLP%HUHLFKGHUZHLFKHQ5|QWJHQVWUDKOHQEHIDQG 3O|W]OLFK YHUQDKP HU HLQ IHLQHV XQG OHLVHV 3IHLIHQ GHV VHQ4XHOOHHUQLFKWDXVPDFKHQNRQQWH(UVWDXQWEOLFNWHHU VLFK XP VDK DXI GLH *HUlWH GDQQ DXI GHQ 6WHLQ 9RQ GHU 6WHOOH DXV GHU GHU /DVHUVWUDKO DXV GHP 6WHLQ NDP JLQJ HLQH GQQH DEHU NRPSDNWH ZHL‰H 5DXFKVlXOH DXV 'DV JHVFKDK VR XQHUZDUWHW XQG SO|W]OLFK GD‰ 8VPDQ Y|OOLJ LUULWLHUW ZDU ,QQHUKDOE ZHQLJHU $XJHQEOLFNH ELOGHWH VLFK EHU GHP 6WHLQ HLQH IRUPORVH GLFKWH 'DPSIZRONH 6HLQ HUVWHU *HGDQNH ZDU GD‰ GHU /DVHU HWZDV YHUEUDQQW KDWWH %UDQQWH JDU GHU 6WHLQ VHOEVW" (U PX‰WH VRIRUW GHQ /DVHU DEVFKDOWHQ'RFKDOVHULP%HJULIIZDUGDV]XWXQVFKLHQ HV LKP DOV RE VLFK GLH IRUPORVH :RONH UDVFK YHUGLFKWHWH XQG VLFK GHU 'DPSI ]X HLQHU 6lXOH ]XUFNELOGHWH 0LW

VWDUUHP %OLFN YHUIROJWH HU GLH (UVFKHLQXQJ 7DWVlFKOLFK GLH:RONHKDWWHVLFKIDVWDXIJHO|VWGLH'DPSIVlXOHZXUGH VFKPDOHU XQG NU]HU XQG YHUVFKZDQG VFKOLH‰OLFK DQ GHU 6WHOOHLP6WHLQZRVLHDXVJHWUHWHQZDU 8VPDQZDUYHUZLUUWXQGZDUWHWHYROOHU6SDQQXQJ'RFK HVJHVFKDKZHLWHUQLFKWV'LH0LQXWHQYHUJLQJHQULQJVXP KHUUVFKWHQ ZLH YRUGHP 'XQNHOKHLW XQG 6WLOOH 6HLQH 6WLUQ EHGHFNWHVLFKPLWZLQ]LJHQ7U|SIFKHQNDOWHQ6FKZHL‰HV $OV HU ZLHGHU HLQLJHUPD‰HQ EHLVDPPHQ ZDU QlKHUWH HU VLFKGHP6WHLQXQGEHWUDFKWHWHDXIPHUNVDPGLH6WHOOHZR GHU 'DPSI KHUDXVJHNRPPHQ ZDU (U VXFKWH QDFK 6SXUHQ GLHVHVVRQGHUEDUHQ9RUJDQJHV1LFKWV'DQQHUVWHULQQHUWH HU VLFK DQ GDV $EVRUSWLRQVVSHNWUXP +DVWLJ ]RJ HU GHQ 3DSLHUVWUHLIHQ KHUDXV XQG HUNDQQWH EHLP 6FKHLQ GHU 7D VFKHQODPSH GD‰ GDV 'LDJUDPP HLQH .XUYH PLW XQ]lKOL JHQVFKDUIHQ=DFNHQDXIZLHV,KPZDUNODUGD‰HUDQKDQG GLHVHU NRPSOL]LHUWHQ .XUYH LUJHQGZHOFKH 6FKOVVH EHU GLH 6WUXNWXU GHV 6WHLQV QXU EHL VRUJIlOWLJHU $QDO\VH XQG ]ZDU DXVVFKOLH‰OLFK XQWHU /DERUEHGLQJXQJHQ ZUGH ]LH KHQN|QQHQ*HZRKQKHLWVPl‰LJYHUIROJWHHUGDV6SHNWUXP XQGYHUKDUUWHDQHLQHUGHU=DFNHQLP%HUHLFKGHUZHLFKHQ 5|QWJHQVWUDKOHQGLHZHVHQWOLFKK|KHUDOVGLHEULJHQZDU 'DVEHZLHVGD‰GHU6WHLQKLHU IDVWYROOVWlQGLJGLH/DVHU VWUDKOHQDEVRUELHUWKDWWH:HQQHVZLUNOLFKVRZDUGDQQ« 2KQH VLFK QRFK YROOHQGV VFKOVVLJ ]X ZHUGHQ VFKDOWHWH 8VPDQ HLQHU ,QWXLWLRQ IROJHQG GLH $SSDUDWXU HLQ VWHOOWH GHQ /DVHU DXI ZHLFKH 5|QWJHQVWUDKOHQ HLQ XQG GLULJLHUWH LKQQlKHU]XGLHVHU=DFNH9ROOHU(UUHJXQJEHREDFKWHWHHU GLH 2EHUIOlFKH GHV 6WHLQV 'LH (UVFKHLQXQJ ZLHGHUKROWH VLFKHLQVFKZDFKHV3IHLIHQHLQHIHLQHZHL‰H'DPSIVlXOH HLQ:|ONFKHQEHUGHP6WHLQ«8QGGDV*HUlW]HLFKQHWH GLHVFKRQEHNDQQWH=DFNH

$EHU ZDV ZDU GDV" :lKUHQG 8VPDQ GLH 'DPSIZRONH EHWUDFKWHWH EHPHUNWH HU DXI HLQPDO ZLH VLFK LQ LKUHP ,QQHUHQYLHOIDUELJH)LJXUHQELOGHWHQGLH XQDEOlVVLJ )RUP XQG $XVPD‰ lQGHUWHQ 'DQQ YHUGLFKWHWH VLFK GLH :RONH DEHUPDOVXQGEHJDQQVLFKLQGHQ6WHLQ]XUFN]X]LHKHQ 3O|W]OLFKIXKUHU]XUFN(UKDWWHGDV*HIKOGD‰LUJHQG HWZDVLQGHU:RONHLKQXQYHUZDQGWIL[LHUWH1HLQQHLQHU VDK GRUW QLHPDQGHQ YLHOPHKU VSUWH HU DXI VLFK HLQHQ VWDUUHQ %OLFN $OV VHL IU HLQLJH $XJHQEOLFNH HLQ GLIIXVHV $XJH DXIJHWDXFKW GDV GDV ,QQHUH GHU :RONH EHKHUUVFKWH ,QQHUKDOEZHQLJHU6HNXQGHQZDUDOOHVYHUVFKZXQGHQ 8VPDQEHUILHOHLQ=LWWHUQ8QZLOONUOLFKOLH‰HUVLFKDXI GHQ6WHLQIX‰ERGHQQLHGHUXQGOHKQWHVLFKPLWGHP5FNHQ DQ GLH :DQG -HW]W ZXUGH LKP GDV 8QJHZ|KQOLFKH VHLQHV ([SHULPHQWV XQG DXFK GHV 2UWHV EHZX‰W DQ GHP HU HV GXUFKIKUWH =XP HUVWHQPDO EHNDP HU $QJVW LQ GLHVHP 7HPSHO ,Q VHLQHP .RSI GUHKWH VLFK DOOHV YRU VHLQHQ $XJHQ ZRJWHQ YHUVFKZRPPHQ GLH ZHL‰HQ *HZlQGHU GHU 3LOJHU GHUHQ $XJHQ LKQ YROOHU 7UDXHU XQG :HKPXW DXV GHP'XQNHO]XEHREDFKWHQVFKLHQHQ (U NRQQWH GDV ([SHULPHQW MHW]W QLFKW ZHLWHUIKUHQ ]X JUR‰ZDUGHU6FKRFN (U VWDQG DXI XQG KDVWLJ RKQH VLFK ZHLWHU XP]XVHKHQ SDFNWHHUVHLQH6DFKHQ]XVDPPHQ *HJHQ 0RUJHQ HUUHLFKWH HU GDV *DVWKDXV 2EZRKO HU ]XP 8PIDOOHQ PGH ZDU NRQQWH HU QLFKW HLQVFKODIHQ ,Q VHLQHP .RSI KHUUVFKWH HLQ ZLUUHV 'XUFKHLQDQGHU (V ZDU LKPDOVYHUOLHUHHUGHQIHVWHQ%RGHQXQWHUGHQ)‰HQDXI GHPHUVHLQJDQ]HVEHZX‰WHV/HEHQJHVWDQGHQKDWWH (LQHU6DFKHMHGRFKZDUHUVLFKY|OOLJVLFKHU-HQHXQEH JUHLIOLFKH (UVFKHLQXQJ ZDU LQ GHP 0RPHQW HLQJHWUHWHQ DOV GHU 6FKZDU]H 6WHLQ GLH /DVHUVWUDKOHQ LP %HUHLFK GHU

ZHLFKHQ 5|QWJHQVWUDKOHQ ]XU *lQ]H LQ VLFK DXIJHVRJHQ KDWWH,QEHLGHQ)lOOHQDOVDXVGHP6WHLQGHU'DPSIDXV WUDWKDWWHGHU/DVHUDXWRPDWLVFKGLH:HOOHQOlQJHJHlQGHUW XQGGHQ$EVRUSWLRQVEHUHLFKGHV6WHLQV YHUODVVHQ (V ZDU DOVKlWWHGLH(UVFKHLQXQJDXIKDOEHP :HJH KDOW JHPDFKW RKQHLKUHYROOH(QWZLFNOXQJHUUHLFKHQ]XN|QQHQ8QGHU IUDJWHVLFKEHNORPPHQZLHGLHVHV UlWVHOKDIWH([SHULPHQW JHHQGHWKlWWH :DUXP ZDU GDV JHUDGH PLW GLHVHP 6WHLQ SDVVLHUW" 8V PDQ ZDU HV JHZ|KQW VLFK DOOHP 8QJHZ|KQOLFKHQ JHJHQ EHU JHODVVHQ ]X YHUKDOWHQ DXFK ZHQQ HV DXI GHQ HUVWHQ %OLFNXQQDWUOLFKHUVFKLHQ1XUQLFKWKLHUQLFKWDQGLHVHP 2UW 'LH JHULQJVWH 0HUNZUGLJNHLW GLH EHL GLHVHP 6WHLQ DXIWUDW ZUGH 0LOOLRQHQ 0HQVFKHQ LQ LKUHP IDQDWLVFKHQ *ODXEHQVHLIHUQXUQRFKEHVWlUNHQ 'HU 6FKZDU]H 6WHLQ ZUGH HV KHL‰HQ KlWWH VHLQH $X ‰HUJHZ|KQOLFKNHLW EHZLHVHQ 1DFKGHP HU 8VPDQ GDV HQWGHFNW KDWWH ZUGH GLH $XUHROH GHV *HKHLPQLVYROOHQ XP GLHVHQ 6WHLQ QXU QRFK ]XQHKPHQ +DWWH HU GDV DQJH VWUHEW" 6ROOWH HU QLFKW EHVVHU VHLQH 9HUVXFKH HLQVWHOOHQ" 8QG QLHPDQGZUGHMHHWZDVHUIDKUHQ« 'RFKGLHVHNXU]H6FKZlFKHZDUVFKQHOOYRUEHL1HLQHV JDE QXU HLQHQ :HJ 6RODQJH HU QRFK GLH &KDQFH KDWWH PX‰WHHU]XP.HUQGLHVHUVHOWVDPHQ(UVFKHLQXQJYRUGULQ JHQ$EHUDOOHLQGHQQHVKlWWHNHLQHQ6LQQLUJHQGMHPDQ GHP GDYRQ ]X HU]lKOHQ 'LH 3ULHVWHUVFKDIW YRQ GHU GHU =XWULWW]XP7HPSHODEKLQJZUGHNHLQHZHLWHUHQ([SHUL PHQWHPLWGHP6WHLQJHVWDWWHQ(VVHLGHQQVLHN|QQWHVLH QXW]HQXPGLH UHOLJL|VH +\VWHULH XP GLH 0RVFKHH ZHLWHU DQ]XKHL]HQ'RFK8VPDQYHUZDUIGLHVHQ*HGDQNHQ (UPX‰WHDXIVLFKDOOHLQJHVWHOOWZHLWHUPDFKHQ1XUQRFK

HLQHHLQ]LJH1DFKWEOLHELKPGDQQZUGHQGLH3LOJHUDXV GHQ%HUJHQ]XUFNNHKUHQXQGZLHGHUGLH0RVFKHHEHY|O NHUQ'LHVH 1DFKWPX‰WHGLH(QWVFKHLGXQJEULQJHQ1DFK NXU]HU hEHUOHJXQJ EHVFKOR‰ 8VPDQ ZHQLJVWHQV HLQH 6DFKH ]X NOlUHQ :DV ZUGH SDVVLHUHQ ZHQQ GHU 6WHLQ YRP/DVHUVWUDKOY|OOLJDEVRUELHUWZXUGH" 'HQ JDQ]HQ 7DJ ZlKUHQG HU GXUFK GLH 6WDGW VWUHLIWH HULQQHUWHHUVLFKLPPHUZLHGHUDQGHQVFKUHFNOLFKHQ%OLFN GHULKQDXVGHU:RONHYHUIROJWKDWWH'DIUJDEHVHLQIDFK NHLQHHLQOHXFKWHQGH(UNOlUXQJ(VPX‰WHHLQH+DOOX]LQDWL RQJHZHVHQVHLQGHUHUXQWHUGHP(LQIOX‰VHLQHU$QVSDQ QXQJXQG(UVFK|SIXQJHUOHJHQZDU ,Q GHU NRPPHQGHQ 1DFKW VXFKWH HU DEHUPDOV GLH 0R VFKHHDXI 'LHVPDO VWHOOWH HU GHQ /DVHU JOHLFK VR HLQ GD‰ HU YRP 6WHLQ VWDUN DEVRUELHUW ZXUGH $EHU GHU 6WHLQ UHDJLHUWH QLFKW HU ]HLJWH NHLQHUOHL $Q]HLFKHQ YRQ Ä/HEHQ³ (V YHUVWULFK YLHO =HLW ELV 8VPDQ HQGOLFK EHJULII GD‰ HU GLH ÄHPSILQGOLFKH³ 6WHOOH GHV 6WHLQV QLFKW JHWURIIHQ KDWWH =ZHLPDO HUW|QWH IU HLQHQ NXU]HQ 0RPHQW GDV EHNDQQWH 3IHLIHQ$XIGLH%HVWUDKOXQJDQGHUHU3XQNWHUHDJLHUWHGDV 2EMHNW QLFKW 8VPDQ PX‰WH HLQVHKHQ GD‰ HU EHLP HUVWHQ ([SHULPHQW HLQIDFK *OFN JHKDEW KDWWH +lWWH GHU 6WUDKO HLQH DQGHUH 6WHOOH JHWURIIHQ ² XP HLQ SDDU 0LOOLPHWHU VHLWZlUWV RGHU DEHU GHQ 3XQNW VHOEVW QXU XQWHU HLQHP DQGHUHQ:LQNHO²QLFKWVZlUHSDVVLHUW 'LH=HLWYHUJLQJ9RU$XIUHJXQJEUDFKLKPGHU6FKZHL‰ DXV 0HWKRGLVFK 0LOOLPHWHU XP 0LOOLPHWHU VRQGLHUWH HU GLH 2EHUIOlFKH XP GHQ JHVWULJHQ Ä.DQDO³ ]X WUHIIHQ GXUFK GHQ GHU 6WHLQ DNWLY JHZRUGHQ ZDU ,PPHU ZLHGHU YHUlQGHUWHHUGHQ(LQIDOOVZLQNHOGHV6WUDKOV(UZDUVFKRQ GHU9HU]ZHLIOXQJQDKH DOVHQGOLFK GHU 6WHLQ UHDJLHUWH (U

YHUQDKPGDVEHNDQQWH3IHLIHQGDQQELOGHWHVLFKGLHZHL‰H :RONHGLHVPDOJHQDXEHULKP*HUDGH]XJLHULJYHUIROJWH 8VPDQGLH 9RUJlQJH 'LH GLFKWH ZHL‰H YRQ LQQHQ OHXFK WHQGH :RONH GHKQWH VLFK LQ YHUWLNDOH 5LFKWXQJ :LHGHU ELOGHWHQ VLFK LQ LKUHP ,QQHUHQ YLHOIDUELJH VWlQGLJ LKUH )RUPYHUlQGHUQGH)LJXUHQ2EZRKOHVZLHEHLPHUVWHQPDO XQYHUVWlQGOLFKZDUZDUHVGRFKZHQLJVWHQVEHNDQQW:DV DEHUZUGHZHLWHUJHVFKHKHQ" (UEUDXFKWHQLFKWODQJH]XZDUWHQ'LH:RONHGLH HWZD HLQH +|KH YRQ YLHU ELV IQI 0HWHUQ HUUHLFKW KDWWH K|UWH QXQDXI]XZDFKVHQ)UHLQLJH6HNXQGHQYHUKDUUWHVLHDOV JHNUPPWH 6lXOH GDQQ ]RJ VLH VLFK ]XVDPPHQ YHUGLFK WHWH VLFK XQG ELOGHWH « HLQH DEVWR‰HQGH PHQVFKOLFKH )LJXU 9RU (QWVHW]HQ ZLFK 8VPDQ HLQLJH 6FKULWWH YRU GLHVHP 8QJHKHXHU ]XUFN 9RU GHU GXQNOHQ 7HPSHOZDQG ]HLFKQHWHVLFKHLQJHZDOWLJHU.RSIDEGHUPHKUXQGPHKU PHQVFKOLFKH =JH DQQDKP (V HUVFKLHQHQ $XJHQ ² GLH JOHLFKHQGLHLKQLQGHUYRULJHQ1DFKWVRHUVFKUHFNWKDWWHQ 6LHVFKDXWHQ8VPDQHLQGULQJOLFKDQ8QWHUGHP(LQGUXFN GLHVHV %OLFNHV ZLFK 8VPDQ QRFK ZHLWHU ]XUFN VWUDX FKHOWH XQG ILHO KLQ GRFK HU NRQQWH VLFK GHU K\SQRWLVFKHQ .UDIWGLHVHUNDOWHQ$XJHQQLFKWHQW]LHKHQ 'DV 8QJHKHXHU QDKP HQGJOWLJH *HVWDOW DQ GRFK HV ]HLJWH NHLQHUOHL $Q]HLFKHQ YRQ /HEHQ (V VWDQG YRU 8V PDQ DXI VHLQHQ IRUPORVHQ %HLQHQ GLH HLQH IHLQH 5DXFK VlXOHPLWGHP6FKZDU]HQ6WHLQYHUEDQG'LHODQJHQ$UPH JLQJHQ LQ XQSURSRUWLRQDO JUR‰H +lQGH EHU $EHU DOO GDV ZDU QLFKWV LP 9HUJOHLFK ]X GHP JUl‰OLFKHQ *HVLFKWVDXV GUXFN ]X GHQ $XJHQ 'DV 8QJHKHXHU KDWWH QLFKWV ,UGL VFKHVDQVLFK ,P 9HUODXIH YRQ 0LOOLRQHQ -DKUHQ KDW VLFK EHLP 0HQ VFKHQ RIIHQVLFKWOLFK HLQH QDWUOLFKH %H]LHKXQJ ]X DOOHP

KHUDXVJHELOGHW ZDV HU DXI GHU (UGH VLHKW XQG K|UW 8QG QXU GDV NDQQ GLH PHQVFKOLFKH 3V\FKH DOV QRUPDO HPSILQ GHQXQG DXVKDOWHQ 'DV MHGRFK ZDV VLFK MHW]W YRU 8VPDQ DEVSLHOWH ODJ DX‰HUKDOE GHU *UHQ]HQ PHQVFKOLFKHQ %H JUHLIHQV 'HU JODWWH RUDQJHJHW|QWH .|USHU GHV 8QJHKHXHUV OHXFKWHWHYRQLQQHQKHUDXVXQGKREVLFK GHXWOLFK YRQ GHU GXQNOHQ:DQGDE(VVWDQGGDXQGEOLFNWHLKQXQYHUZDQGW PLWVHLQHQJUR‰HQJUQHQ$XJHQDQ 2EZRKO8VPDQYRU $QJVW IDVW JHOlKPW ZDU VWHOOWH VHLQ +LUQ ZLH HLQ HLQPDO LQ *DQJ JHVHW]WHU 0RWRU ILHEHUKDIW DOOH P|JOLFKHQ 0XWPD‰XQJHQ DQ GDUXQWHU DXFK GLH XQ ZDKUVFKHLQOLFKVWHQ« :DU HV P|JOLFK GD‰ GHU %HVLW]HU GHV 5LQJHV GHU DOOHV YHUPRFKWH GHU %HKHUUVFKHU DOOHU *HLVWHU GHU 3URSKHW 6XOHLPDQ GHU 6RKQ 'DYLGV HLQHQ VHLQHU IXUFKWJHELH WHQGHQ'VKLQQVJHVFKLFNWKDWWHXPGHQ6WHLQYRUOlVWHUOL FKHU 6FKlQGXQJ ]X VFKW]HQ" $EHU YLHOOHLFKW ZUGH DXFK JOHLFK KDOOHQGHV *HOlFKWHU HUNOLQJHQ XQG GHU 'VKLQQ ZUGHPLWKHLVHUHP%D‰VHLQH-DKUKXQGHUWHZlKUHQGH*H VFKLFKWH HU]lKOHQ XQG 8VPDQ ZHJHQ VHLQHV GXPPHQ 6WUHLFKVYHUK|KQHQ 'LH VFKUHFNOLFKVWHQ 'VKLQQV GHU |VWOLFKHQ 0\WKRORJLH KDWWHQ GHU %HVFKUHLEXQJ QDFK HLQ ZHLWDXV ÄPHQVFKOLFKH UHV³$XVVHKHQDOVGLHVHUKLHU« 9LHOOHLFKWZUGH GDV 8QJHKHXHU JOHLFK VHLQH +lQGH DXI GHU %UXVW NUHX]HQ XQG GXUFK GLH 0RVFKHH ZUGH HLQH IXUFKWEDUH 6WLPPH GU|KQHQ Ä,FK JHKRUFKH XQG EHNHQQH PLFK VFKXOGLJ³ 'RFK LQ GLHVHQ $XJHQ ZDU QLFKWV YRQ 'HPXWXQG8QWHUZUILJNHLW1LFKWV/HEHQGLJHVVSUDFKDXV LKQHQ'DZDUQXUGLHVHVFKUHFNOLFKH.lOWH :LHODQJHQRFKVROOWHHU8VPDQGLHVH8QJHZL‰KHLWHU

GXOGHQ" 'RFKLQ]ZLVFKHQZDUHLQH9HUlQGHUXQJHLQJHWUHWHQQXU KDWWH 8VPDQ VLH QLFKW JOHLFK ZDKUJHQRPPHQ *HIHVVHOW YRQ GLHVHP JUDXHQKDIWHQ %OLFN KDWWH HU GLH 8PJHEXQJ Y|OOLJ DX‰HU DFKW JHODVVHQ 'LH $XJHQ GHV 8QJHKHXHUV KDWWHQ VLFK JHZHLWHW XQG MHJOLFKH .RQWXUHQ HLQJHE‰W JHEOLHEHQ ZDU QXU GHU GXUFKGULQJHQGH %OLFN (U VFKLHQ YRQ DOOHQ 6HLWHQ ]X NRPPHQ (V ZDU NHLQ $XJH PHKU HV H[LVWLHUWHQXUQRFKGHU%OLFN 5LQJVXP KHUUVFKWH GXPSIH EHNOHPPHQGH 6WLOOH 8QG LQ GLHVH6WLOOHEUDFKSO|W]OLFKHLQHNODUH6WLPPHGLH8VPDQ ]XVDPPHQ]XFNHQOLH‰ Ä8VPDQ³'LH6WLPPHZDUIXUFKWHUUHJHQG ZHLOVLHYRQ EHUDOO KHUNDP ² HLQH XQKHLPOLFKH .RPELQDWLRQ XQQD WUOLFKHU 7|QH 6HLQ 1DPH ZDU GHQQRFK EHUGHXWOLFK ]X K|UHQJHZHVHQ Ä8VPDQGHQNHMHW]WDQQLFKWV%DOGZLUVWGXGLH$QWZRUW DXI DOOHV HUKDOWHQ ZDV GLFK TXlOW .RQ]HQWULHUH GLFK XQG K|UHPLU]X«³ 'LH OHW]WHQ :RUWH ÄNRQ]HQWULHUH GLFK XQG K|UH PLU ]X³ ZXUGHQ VFKZlFKHU XQG ZLHGHUKROWHQ VLFK ZLH HLQ (FKR PHKUHUH0DOH'DQQWUDWZLHGHUDEVROXWH6WLOOHHLQ

-HW]W LP .UDQNHQ]LPPHU XQG EHL YROOHP %HZX‰WVHLQ YHUVXFKWH 8VPDQ VLFK .ODUKHLW ]X YHUVFKDIIHQ :DV ZDU PLW LKP SDVVLHUW LQ MHQHP 0RPHQW DOV GDV 8QJHKHXHU YHUVFKZDQG XQG LKP YHUVSURFKHQ KDWWH GD‰ HU DXI DOOH )UDJHQ HLQH $QWZRUW HUKDOWHQ ZUGH :lKUHQG HLQHU ODQ JHQ =HLW VR VFKLHQ LKP QXQ KDWWH HU HLQH $UW 3UHGLJW JHK|UW GLH YRQ HLQHU PRQRWRQHQ 6WLPPH YRUJHWUDJHQ ZXUGH$EHUZDUGDEHUKDXSWHLQH6WLPPHJHZHVHQ" ,P EOLFKHQ6LQQHGHV:RUWHVKDWWHGLH6WLPPHNHLQHQ.ODQJ

JHKDEW8QGHUNRQQWHVLFKDXFKQLFKWHULQQHUQLQZHOFKHU 6SUDFKHVLHJHSUHGLJWKDWWH'LH:RUWHRGHUYLHOPHKUGHU 6LQQ NODQJHQ QLFKW LQ VHLQHQ 2KUHQ VRQGHUQ LQ VHLQHP *HKLUQ LUJHQGZR LQ GHQ IHUQHQ 9HUlVWHOXQJHQ GHV %H ZX‰WVHLQV 2IIHQEDUKDWWHHUQLFKWDOOHVGHXWOLFKDXIJHQRPPHQZDV LKP ÄHLQJHIO|‰W³ ZRUGHQ ZDU GHQQ YLHOHV HQW]RJ VLFK VHLQHU (ULQQHUXQJ 'D ZDU GLH Ä5HGH³ JHZHVHQ YRQ GHQ *HVHW]HQ LUJHQGHLQHU *HVHOOVFKDIW YRQ GHQ 9HUKDOWHQV QRUPHQLKUHU0LWJOLHGHU«² 3O|W]OLFK EUDFK GLH Ä6WLPPH³ DE 'LH (UVFKHLQXQJ MH GRFKYHUVFKZDQGQLFKWZLHYRUGHPKLQJGDV*HELOGHEHU LKP 0HUNZUGLJHUZHLVH DEHU IKOWH 8VPDQ GLHVPDO NHLQHUOHL $QJVW ,P *HJHQWHLO $FKWXQJVYROOH (KUHUELH WXQJ XQG JUR‰H 5XKH JLQJHQ YRQ GHP :HVHQ DXV :LH ]XYRUEOLFNWHHVLKQHLQGULQJOLFKDQ 'DQQVSUDFKGHUÄ'VKLQQ³ Ä8VPDQLFKELQJDQ]LQGHLQHU+DQG³W|QWHGLHEHULU GLVFKH 6WLPPH Ä+LHU GLHVH (QHUJLHTXHOOH KDW PLFK HU ZHFNW³ 'DEHL KRE GHU Ä'VKLQQ³ XQEHKROIHQ GLH +DQG XQGRKQHHLQ$XJHYRQ8VPDQ]XODVVHQ]HLJWHHUDXIGHQ /DVHU GHU HLQ VFKPDOHV %QGHO 5|QWJHQVWUDKOHQ DXI GHQ 6WHLQULFKWHWH 8VPDQKDWWHLPPHUQRFKQLFKWGLH.UDIWJHIXQGHQHLQH )UDJH]XVWHOOHQ $OVREGHUÄ'VKLQQ³GDVYHUVWDQGHQKlWWHIXKUHUIRUW Ä,FKZHUGHGLU DOOHV HUNOlUHQ ,FK KDEH GHLQ *HKLUQ VWX GLHUWNHQQHDOOHVZDVGDULQYHUERUJHQLVW,FKNHQQHDXFK GHLQH :HOWDQVFKDXXQJ 'HLQ :LVVHQ XQG GHLQH hEHU]HX JXQJ NRPPHQ GHP VHKU QDKH ZDV ZLU HXFK EHLEULQJHQ ZROOWHQ 'RFK NRQQWHQ ZLU XQVHU =LHO EHL GHQ YRUDQJHJDQJHQHQ

9HUVXFKHQQLFKWHUUHLFKHQ 'LH$QJVWGLHXQVHUH([SHULPHQWHGHQ0HQVFKHQHLQJH IO|‰WKDEHQKDWLKU %HZX‰WVHLQ JHWUEW6LHKDEHQXQVHUH /HKUHQ YHU]HUUW DXIJHQRPPHQ KDEHQ EOLQG DQ XQV JH JODXEW DOV DQ HLQH $UW P\VWLVFKH K|KHUH :HVHQ GLH EHU HLQHQDEVROXWHQ9HUVWDQGYHUIJHQ 'XNHQQVWQDWUOLFKGLH5HVXOWDWHGHUZHVHQWOLFKVWHQ([ SHULPHQWH GDV HUVWH GDV YRU PHKU DOV EHU GUHLWDXVHQG -DKUHQ DQ GHP GXUFK GLH :VWH LUUHQGHQ 9RONVVWDPP GXUFKJHIKUW ZXUGH GDV ]ZHLWH DQ GHP QHXJHERUHQHQ .LQGYRUIDVW]ZHLWDXVHQG-DKUHQDP8IHUGHV6DO]PHHUHV >'LH %H]HLFKQXQJ 7RWHV 0HHU LVW QLFKW ELEOLVFK XQG VWDPPW DXV GHP  -KG X =@ XQG VFKOLH‰OLFK GDV GULWWH GDV ]XIlOOLJ JHVFKDK KLHU LQPLWWHQ GHU 6WHLQH GLHVHU %HU JH³ KLHUEHL ZLHV GHU Ä'VKLQQ³ LQ GLH 5LFKWXQJ LQ GLH 8VPDQV9DWHUPLWGHQDQGHUHQ3LOJHUQJH]RJHQZDUÄ'DV ZDUYRUEHUVLHEHQKXQGHUW-DKUHQ ,FK KDEH GHLQ *HKLUQ VWXGLHUW XQG HUNDQQW GD‰ GLH 0HQVFKKHLW VHLW XQVHUHP OHW]WHQ ([SHULPHQW ZHLW IRUWJH VFKULWWHQ LVW 2IIHQEDU QLFKW GDV (UJHEQLV XQVHUHU (LQPL VFKXQJ LQ HXHU /HEHQ « 'LHVH (UNHQQWQLV DEHU NDQQ LFK QLFKW GHQ 8QVHUHQ EHUPLWWHOQ 8QVHU 6FKLII LVW YHUVFKRO OHQP|JOLFKHUZHLVHVRJDUXQWHUJHJDQJHQ²QRFK]XMHQHU =HLWDOVZLUGDV]ZHLWH([SHULPHQWGXUFKIKUWHQ+|FKVW ZDKUVFKHLQOLFK VLQG XQV )HKOEHUHFKQXQJHQ XQWHUODXIHQ DOV ZLU GLH SK\VLNDOLVFKFKHPLVFKHQ %HGLQJXQJHQ HXUHV 3ODQHWHQ XQWHUVXFKWHQ YRU DOOHP DEHU ZDV GLH (QWZLFN OXQJ GHU /HEHZHVHQ XQG GHU *HVHOOVFKDIW EHWULIIW 6ROFKH ([SHULPHQWH VLQG YHUPXWOLFK LPPHU ]XP 0L‰HUIROJ YHU GDPPW«³ 3O|W]OLFK PDFKWH GHU Ä'VKLQQ³ HLQH HLJHQDUWLJH %HZH JXQJ DOV VFKWWHOH HV LKQ XQG ODQJVDP EHJDQQ HU VLFK

DXI]XO|VHQ:LHDXVGHU)HUQHYHUQDKP8VPDQGLH:RUWH Ä«GHUDQGHUH$SSDUDWOLHJWLQPLWWHQYRQJUR‰HQ6WHLQHQ LUJHQGZR LQ GHQ XPOLHJHQGHQ %HUJHQ «³ 'HU Ä'VKLQQ³ YHUZDQGHOWH VLFK LQ HLQH IRUPORVH ZHL‰H :RONH XQG GHU 6FKZDU]H 6WHLQ VDXJWH GLHVH :RONH LQ VHLQH XQVLFKWEDUH gIIQXQJHLQ$OOHVZDUYRUEHL (UVW QDFK HLQLJHQ 0LQXWHQ GDFKWH 8VPDQ DQ VHLQH *H UlWH'RFKGHU/DVHUIXQNWLRQLHUWHQLFKWPHKUGLH(QHUJLH ZDUYHUVLHJW

,Q 8VPDQV .RSI VXPPWH HV ZLH LQ HLQHP %LHQHQVWRFN (U GDFKWH QLFKW PHKU GDUDQ GD‰ HU VLFK EHHLOHQ GD‰ HU VFKQHOOVWHQV YRQ GLHVHP 2UW YHUVFKZLQGHQ PX‰WH 6HLQH IUKHUH9RUVLFKWZDUYRQLKPDEJHIDOOHQ,QVHLQHP,QQHUQ IKOWHHUHLQHHLJHQWPOLFKH9HUlQGHUXQJ7UlJHSDFNWHHU VHLQH *HUlWVFKDIWHQ ]XVDPPHQ YHUORU VLFK LQ *HGDQNHQ VXFKWH QDFK (UNOlUXQJHQ IU GDV 9RUJHIDOOHQH 'D HUW|QWH HLQ GXUFKGULQJHQGHU 6FKUHL GHU JOHLFKVDP GLH 6WLOOH ]X

]HUVFKQHLGHQVFKLHQ« 1RFK MHW]W EHUILHO 8VPDQ HLQ =LWWHUQ ZHQQ HU DQ GHQ K\VWHULVFKHQ6FKUHLGDFKWHGHULKQJHZDOWVDPLQGLH5HD OLWlW]XUFNJHKROWKDWWH (VZDUGHU5XIGHV0XH]]LQGHUREHQYRQHLQHP0LQD UHWWGHU0RVFKHHGLH*OlXELJHQ]XP)UKJHEHWULHI 6LFK PLW GHP (FKR YHUELQGHQG GDV YRQ GHQ *DOHULHQ ZLGHUKDOOWHIOOWHGLHKRKHVLQJHQGH6WLPPHGLH6WLOOHGHU 0RVFKHH Ä,KU 0XVHOPDQHQ 5HWWHW GHQ +HLOLJHQ 6WHLQ YRU GHP )UHYHO6FKW]W$OODKV+HLPVWDWWYRUGHQ8QJOlXELJHQ,P 1DPHQ$OODKVHLOWKHUEHL³ (UVW MHW]W PHUNWH 8VPDQ GD‰ HV OlQJVW KHOO JHZRUGHQ ZDU bUJHUOLFK EOLFNWH HU DXI VHLQHQ GXQNHOEODXHQ $Q]XJ XQG DXI VHLQH *HUlWVFKDIWHQ ² GDV PX‰WH MD GLH K\VWHUL VFKH (UUHJXQJ GHV 0XH]]LQ KHUYRUUXIHQ :DKUVFKHLQOLFK KDWWH GLHVHU 0DQQ GHU VHLQ JDQ]HV /HEHQ LQQHUKDOE GHU 0RVFKHHYHUEUDFKWH]XPHUVWHQPDODP6WHLQHLQHQ0HQ VFKHQ HUEOLFNW GHU QLFKW GDV VFKQHHZHL‰H (FKUR >GLH 3IOLFKWNOHLGXQJ GHU 3LOJHU GLH GLH 0RVFKHH EHWUHWHQ EHVWHKHQG DXV ]ZHL ZHL‰HQ 6WRIIEDKQHQ@ GDV 3LOJHUJH ZDQGWUXJ ,QQHUKDOE ZHQLJHU 0LQXWHQ HLOWHQ DXV GHQ ]DKOUHLFKHQ =HOOHQ GLH XQWHUKDOE GHU *DOHULH ODJHQ GLH *OlXELJHQ KHUEHL'HU5XIYRP0LQDUHWWULHILPPHUPHKU0HQVFKHQ LQ ZHL‰HQ *HZlQGHUQ 'LH DQIlQJOLFKH 9HUZLUUWKHLW OHJWH VLFK XQG PLW 6W|FNHQ 6WHLQHQ XQG DOOHP EHZDIIQHW ZDV LKQHQ LQ GLH +lQGH JHIDOOHQ ZDU HLOWH GLH 0HQJH ]XP 7HPSHOXQGXPJDELKQLQHLQHPGLFKWHQ.UHLV/lUPXQG *HVFKUHLEHUW|QWHQGLH6WLPPHGHV0XH]]LQ :LHGHU NDP 8VPDQ ]X VLFK (U ZDU DOOHLQ LP .UDQNHQ

]LPPHU :LHYLHO =HLW HU EHZX‰WORV GDJHOHJHQ KDWWH HU ZX‰WH HV QLFKW :DU LQ]ZLVFKHQ HLQH ZHLWHUH 1DFKW YHU JDQJHQ" 2GHU PHKUHUH" (U ZROOWH MHW]W QLFKW DQ GDV VFKUHFNOLFKH (QGH VHLQHV $EHQWHXHUV GHQNHQ (U ULHI VLFK GHQÄ'VKLQQ³LQ(ULQQHUXQJ :DVEHGHXWHWHGDVDOOHV":DVKDWWHLKPGLHVHVIRUPORVH :HVHQYHUPLWWHOQZROOHQ" 3O|W]OLFKJLQJLKPHLQ/LFKWDXIDOVULVVHGLH'XQNHOKHLW GLH LKQ ELVKHU XPJHEHQ KDWWH PLW HLQHPPDO DXVHLQDQGHU 1DWUOLFK 'LH LQ VHLQHP *HGlFKWQLV KDIWHQJHEOLHEHQHQ %UXFKVWFNH GHU Ä3UHGLJW³ HULQQHUWHQ DQ GLH *HERWH DXV GHQ+HLOLJHQ6FKULIWHQGHU5HOLJLRQHQGHU0HQVFKKHLW Ä'DV LVW GHU 6FKOVVHO³ YHUQDKP HU HLQ :LVSHUQ ÄGHU 6FKOVVHO GHU GLU DOOH 7RUH ]X GHQ *HKHLPQLVVHQ GHV $OWHUWXPV |IIQHQ ZLUG 6LHK GD OLHJHQ VLH YRU GLU GX GDUIVWGLFKQXUQLFKWLUUHPDFKHQODVVHQ³ 8VPDQ VFKLHQ WDWVlFKOLFK GXUFK GLHVHV LQ VHLQHU (LQELO GXQJH[LVWLHUHQGH7RUHLQ]XWUHWHQXQGHVEHQDKPLKPIDVW GHQ $WHP DOV HU GLH )OOH GHU VLFK YRU VHLQHQ $XJHQ HQWIDOWHQGHQ *HKHLPQLVVH ZDKUQDKP (LQ]HOQH DXI GHQ HUVWHQ %OLFN Y|OOLJ ]XVDPPHQKDQJORVH (UHLJQLVVH GHU 9HUJDQJHQKHLW ZXUGHQ GXUFK GLH (ULQQHUXQJ DQ VHLQ QlFKWOLFKHV$EHQWHXHUDP6FKZDU]HQ6WHLQDXVGHP'XQ NHOJHKROWXQGELOGHWHQLKUHÄ(WDJHQ³LQGHP-DKUKXQGHUWH DOWHQ*HElXGHGHU*HVFKLFKWH :lQGH XQG 'HFNHQ GHV NOHLQHQ 5DXPHV VFKLHQHQ ]X UFN]XZHLFKHQ-DKUKXQGHUWHEHUZLQGHQGWUXJHV8VPDQ LQGHQ6WUXGHOGHU(UHLJQLVVHGHVIHUQHQ$OWHUWXPV« 9RU VHLQHQ $XJHQ WDXFKWH GLH NOHLQH )LJXU HLQHV 0HQ VFKHQDXIGHUDQJHVWUHQJWHLQHQ%HUJKDQJHUNORPP 0RVHVVWUHEWHEHKDUUOLFKK|KHUXQGK|KHU.OHLQH6WHLQH

O|VWHQVLFKXQWHUVHLQHQ)‰HQ %XVFKZHUNYHUVSHUUWHGHQ :HJ XQG PDFKWH GHQ RKQHKLQ HUPGHQGHQ $XIVWLHJ QRFK EHVFKZHUOLFKHU 'LH6RQQHZDUOlQJVWKLQWHUGHQ*LSIHOQYHUVFKZXQGHQ 9RQMHQVHLWVGHU%HUJHZRGDV0HHUOLHJHQPX‰WHZHKWH HLQ NKOHU :LQG 'HU 6FKZHL‰ GHU HLQH 6WUlKQH VHLQHU VFKZDU]HQ GLFKWHQ +DDUH YHUNOHEW KDWWH EHJDQQ DXI GHU 6WLUQ ]X WURFNQHQ 9RQ =HLW ]X =HLW EOLFNWH 0RVHV ]XUFN XQGVXFKWHPLWGHQ$XJHQGLHWLHIXQWHQOLHJHQGHQEXQWHQ =HOWHXQGGLHGXQNOHQ3XQNWHGLH]ZLVFKHQLKQHQKLQXQG KHUKXVFKWHQ'LHDEJHIODFKWH%HUJNXSSHZDUVFKRQQDKH 'DYHUILQJ VLFK VHLQ OHLQHQHU &KLWRQ LQ GHQ GRUQLJHQ % VFKHQ(UKREGDV*HZDQGELV]XGHQ.QLHQXQGHQWEO|‰WH GLHNUlIWLJHQ)‰HGLHLQJUREOHGHUQHQ6DQGDOHQVWHFNWHQ -HQlKHU HU GHP =LHO ZDU GHVWR JU|‰HU ZXUGHQ VHLQH *H ZLVVHQVELVVH :DUXP ODXIH LFK YRU PHLQHQ /HXWHQ GDYRQ GDFKWH HU 6LH VLQG PLU GRFK JHIROJW XQJHDFKWHW GHU XQHUWUlJOLFKHQ 6WUDSD]HQ« ,QGHU7DWZDUHUYRULKQHQGDYRQJHODXIHQGHQQHUKDWWH LKQHQDXFKKHXWHQLFKWV6FKOVVLJHVVDJHQN|QQHQ *HVWHUQ DOV HU EHU GDV QDKH (QGH LKUHV 0DUVFKHV JH VSURFKHQKDWWHEHUGDVIUXFKWEDUH/DQGGDVVLHHUZDUWH WH KDWWH HU JHIKOW GD‰ LKP QLHPDQG PHKU JODXEWH 'LH -XQJHQ GLH VLFK LQ HLQHP *USSFKHQ DEVHLWV KLHOWHQ KDWWHQ LKQ PLW XQYHUKRKOHQHU )HLQGVFKDIW DQJHEOLFNW +HXWHKDWWHHUHUVWJDUQLFKWDEJHZDUWHWREVLFKGLH0HQ VFKHQ PLW EHJLQQHQGHU $EHQGNKOH XP LKQ VFKDUWHQ XP LKQ DQ GLH JHVWULJHQ 9HUVSUHFKXQJHQ ]X PDKQHQ 8QEH PHUNW ZDU HU DXI GLHVHQ WURVWORVHQ %HUJ JHVWLHJHQ DQ GHVVHQ )X‰ VHLQ 6WDPP GDV 1DFKWODJHU DXIJHVFKODJHQ KDWWH

(U ZROOWH DOOHLQ VHLQ GLH JDQ]H 1DFKW (U ZROOWH GDV ZHLWHUH 6FKLFNVDO VHLQHV 6WDPPHV EHUGHQNHQ GHU LKP VFKRQVHLWYLHOHQ0RQDWHQYHUWUDXHQVYROOIROJWH(UZROOWH DOOHLQGLHNKOH%ULVHDWPHQGLHKHUEHUZHKWHYRPQDKHQ 0HHUGDVHUVHLW7DJHQHUDKQWKDWWH $OV 0RVHV GHQ *LSIHO HUUHLFKWH ZDU GLH 'lPPHUXQJ DQJHEURFKHQ9RQKLHUEHUEOLFNWH HU GLH IUHXGORVH (EHQH GHU VWHLQLJHQ :VWH GLH YRQ HEHQVR IUHXGORVHQ +JHOQ XQG)HOVDXIVFKWWXQJHQXQWHUEURFKHQZXUGH (V ZXUGH ]XVHKHQGV GXQNOHU $P ZHVWOLFKHQ +LPPHO OHXFKWHWHGLH9HQXV 0RVHVVDKLQGLH7LHIH+LHUXQGGDZDUHQEHUHLWV/DJHU IHXHUHQWIDFKWZRUGHQ'LH$EHQGNlOWHOLH‰LKQIU|VWHOQ(U EOLFNWHVLFKXPXQGHQWGHFNWHXQZHLWHLQHHQJH)HOVVSDOWH GLH YRQ ]ZHL JUR‰HQ EL]DUU JHIRUPWHQ 6WHLQHQ JHELOGHW ZXUGH0RVHV]ZlQJWHVLFK LQ GLHVHV QDWUOLFKH 9HUVWHFN QLFKW RKQH IXUFKWVDP DXI NOHLQHV *HWLHU ]X DFKWHQ GDV GXUFK GDV WURFNHQH *UDV KXVFKWH (UPDWWHW OLH‰ HU VLFK QLHGHUXQGVWW]WHGHQ.RSILQGLH+lQGH9RQKLHUVDKHU HLQ 6WFN +LPPHO DQ GHP PHKU XQG PHKU 6WHUQH DXI IODPPWHQ (QGOLFK EHUNDP LKQ GLH ODQJHUVHKQWH 5XKH (U OLH‰ DOOH 6RUJHQKLQWHUVLFKXQGGDFKWHQXUQRFKDQVLFKVHOEVW6HLW ODQJHPZDUHUVROFKHU*HGDQNHQHQWZ|KQW:LHDOWELQLFK QXQ" :LH ZLUG HV PLW PLU ZHLWHUJHKHQ" :HUGH LFK DXFK PRUJHQ (VVHQ XQG 7ULQNHQ KDEHQ" 8QG ZHQQ QLFKW ZlUH GDVVRIXUFKWEDU":HQQHVQXUXPPLFKDOOHLQJLQJH« 6HLW0RQDWHQVFKOLHIHULQGHPHQJHQ=HOWEHJOHLWHWYRQ .LQGHUJHEUOO XQG GHP 6W|KQHQ GHU $OWHQ GDV LKQ YRQ DOOHQ6HLWHQXPJDEHUVFKOLHIHLQPLWTXlOHQGHQ*HGDQNHQ XQGGHUYHU]ZHLIHOWHQ+RIIQXQJDXIGHQNRPPHQGHQ7DJ 'LHVH 6WHUQH EHUOHJWH HU OHXFKWHQ MD DXFK EHU bJ\S

WHQ:DUXPQXUVLQGZLUYRQGRUWIRUWJH]RJHQ" 'DV TXDOYROOH ,UUHQ GXUFK GLH :VWH KDWWH GLH *UQGH LKUHU)OXFKWYHUVFKOHLHUW0RVHVZX‰WHGD‰GLH0HQVFKHQ VLH OlQJVW YHUJHVVHQ KDWWHQ 0LW 6FKUHFNHQ EHPHUNWH HU GD‰HVDXFKLKPVRHUJLQJ :DUXP KDW PLU GDV 6FKLFNVDO HLQH VROFKH %UGH DXIHU OHJW" (UYHUORUVLFKLQGHU(ULQQHUXQJ« .LQGKHLW XQG -XJHQG KDWWH 0RVHV DP +RI GHV lJ\SWL VFKHQ +HUUVFKHUV YHUEUDFKW 0DQ KDWWH LKQ LQ 6WDDWVDQJH OHJHQKHLWHQ XQWHUULFKWHW GLH .ULHJVNXQVW XQG DXFK GDV :LVVHQ XP GHQ JHKHLPHQ 6LQQ GHU UHOLJL|VHQ 6FKULIWHQ JHOHKUW (U KDWWH YLHO JHVHKHQ XQG YLHO JHOHUQW 'RFK DOV YHUKlQJQLVYROO KDWWH VLFK GLH (LQVLFKW HUZLHVHQ DOV HU HUNDQQWH LQ ZHOFK HUQLHGULJHQGHU 6LWXDWLRQ VLFK VHLQH 6WDPPHVEUGHU EHIDQGHQ GLH LVROLHUW YRQ GHQ bJ\SWHUQ DXIHLQHUGHU,QVHOQLP1LOGHOWDOHEWHQXQZHLWGHU+DXSW VWDGW GHV 3KDUDRV ,KP ZXUGH NODU GD‰ GHU 6WDPP GHU GXUFK GHQ :LOOHQ GHV 6FKLFNVDOV VHLW HZLJHQ =HLWHQ KLHU OHEWH QLHPDOV GLH JOHLFKHQ 5HFKWH ZLH GLH 8UHLQZRKQHU bJ\SWHQVHUODQJHQZUGH $OVHUHUIXKUGD‰IHUQLP2VWHQ6WDPPHVYHUZDQGWHVHL QHV 9RONHV LQ )UHLKHLW OHEWHQ ZDU HV PLW VHLQHU 5XKH YRUEHL *HGDQNHQ EHU GLH 5HWWXQJ VHLQHU 6WDPPHV JHQRVVHQ ZXUGHQ ZDFK 'RFK HV YHUJLQJHQ -DKUH ELV HU VLHEHU]HXJHQNRQQWHGLHVHV/DQG]XYHUODVVHQXPVLFK PLWLKUHQIHUQHQ%UGHUQ]XYHUHLQLJHQ 6HLQHQ 7UDXP DEHU NRQQWH 0RVHV HUVW GDQQ YHUZLUNOL FKHQ DOV GLH bOWHVWHQ GHV *HVFKOHFKWV HLQHU QDFK GHP DQGHUHQ VWDUEHQ XQG HU VHOEVW HLQPWLJ DQ GLH 6SLW]H GHV 6WDPPHV JHVHW]W ZXUGH (V VWDUE DXFK GHU PlFKWLJH 3KD UDRXQGVHLQ1DFKIROJHUNRQQWHDXIGHP JHZDOWLJHQ 7HU

ULWRULXP GDV YRQ GHQ 8IHUQ GHU ZHVWOLFKHQ 0HHUH ELV DQ GLH0DXHUQ%DE\ORQVUHLFKWHVHLQH0DFKWQLFKWVRVFKQHOO IHVWLJHQ 'DV ZDU GHU =HLWSXQNW GD 0RVHV VHLQHQ 6WDPP DXI GHQ ZHLWHQ 0DUVFK IKUWH (V IROJWHQ 0RQDWH PKH YROOHU :DQGHUXQJ YRQ HWOLFKHQ ]HKQWDXVHQG 0HQVFKHQ GXUFKXQEHNDQQWHV/DQG 6HKU EDOG EHJULII 0RVHV VHLQHQ *UXQGIHKOHU (U PX‰WH HLQVHKHQGD‰NHLQ6WDPPHLQHVROFKH0HQJHKXQJHUQGHU 0HQVFKHQIUHLVHLQ/DQGSDVVLHUHQOLH‰0DQIUFKWHWHVLH ZLH HLQH +HXVFKUHFNHQSODJH GLH DOOHV DXI LKUHP :HJ NDKOIUD‰ 1DFK HLQLJHQ EOXWLJHQ =XVDPPHQVW|‰HQ PX‰WH 0RVHV GHQ :HJ GXUFK GLH PHQVFKHQOHHUH KHL‰H :VWH QHKPHQ 6RJDU YRQ YHUZDQGWHQ 6WlPPHQ DXI GLH VLH XQWHUZHJV WUDIHQ HUKLHOWHQ VLH NHLQH 8QWHUVWW]XQJ 6R LUUWHQ VLH GXUFK GLH (LQ|GH LQ GHU +RIIQXQJ LUJHQGZR XQEHVLHGHOWHV IUXFKWEDUHV /DQG ]X ILQGHQ XP VLFK GRUW QLHGHU]XODVVHQ« -HW]W]ZHLIHOWHVHOEVW0RVHVDP(UIROJ 6ROO LFK ZLUNOLFK 6FKXOG KDEHQ DP 8QWHUJDQJ PHLQHV 9RONHVGDVLFKGRFKYRQGHU8QWHUMRFKXQJ HUUHWWHQ ZROO WH"(LQXQHUWUlJOLFKHU*HGDQNH (U KDWWH VHLQH EOLFKH =XYHUVLFKW YHUORUHQ XQG DXFK GLH 0DFKW EHU VHLQHQ 6WDPP ,Q GLHVHU :VWH XQG LQPLWWHQ GHU GVWHUHQ )HOVHQ KDWWH HU HWZDV :HVHQWOLFKHV 8QZLH GHUEULQJOLFKHVHLQJHE‰W:LHNRQQWHHUVHLQHQ)KUHUVWDE ]XUFNHUODQJHQ"$OVHULKQ QRFK EHVD‰ KDWWH HU LKQ QLFKW JHQJHQGJHVFKlW]W« 'RUW XQWHQ ODJHUW PHLQ 9RON LFK DEHU IUFKWH PLFK ]X LKP ]XUFN]XNHKUHQ ,FK NDQQ HV QLFKW OlQJHU EHWUJHQ 2GHU VROO LFK HLQIDFK YRQ KLHU ZHJJHKHQ LUJHQGZRKLQ" 0HLQHQ 7RG NDQQ LFK EHUDOO ILQGHQ ,FK ZHUGH LKQ PLW JUR‰HU(UOHLFKWHUXQJDQQHKPHQ,FKZLOOQLFKWWDXVHQGPDO

VWHUEHQ ZHQQ LFK GHQ 7RG MHGHV HLQ]HOQHQ PHLQHU 6WDP PHVEUGHUHUOHLGHQPX‰ 'LHVHU*HGDQNHYHUVFKDIIWHLKPIUNXU]H=HLW(UOHLFKWH UXQJ (LQ VFKZHUHU 6WHLQ VFKLHQ YRQ VHLQHU 6HHOH JHQRP PHQ 'RFK GLH (UOHLFKWHUXQJ VFKZDQG VR VFKQHOO ZLH VLH JHNRPPHQZDU 8QGZDVZLUGGDQQIUDJWHHUVLFK$XIHZLJ ZLUGPLFK PHLQ9RONYHUIOXFKHQXQGGHU6WHLQDXIPHLQHU6HHOHZLUG XPVRVFKZHUHUVHLQVFKZHUHUDOVDOOH)HOVHQGLHVHU:VWH ]XVDPPHQ

2 DOOPlFKWLJHU $WRQ >$OWlJ\SWLVFKHU *RWW GHVVHQ .XOW ]XU+HUUVFKDIWV]HLWGHV3KDUDR(FKQDWRQEHWULHEHQZXUGH GHUJHJHQGLH9LHOJ|WWHUHLXQGGLH0DFKWGHU3ULHVWHUNDVWH NlPSIWH@KLOIPLU'XZHL‰WGRFKGD‰LFKXQJHDFKWHWGHU 7RGHVJHIDKU GHLQHQ 1DPHQ LPPHU LQ PHLQHP +HU]HQ JHWUDJHQKDEHGD‰LFKVWHWV]XGLUJHKDOWHQKDEHDXFKDOV LFK DP +RIH HLQHV GHLQHU (U]IHLQGH OHEWH +DVW GX GHQQ

QLFKWEHPHUNWGD‰LFKLQGHQYLHOHQ-DKUHQMHGHQ0RUJHQ GHLQH HUVWHQ 6WUDKOHQ EHJU‰W KDEH GLH GLH 6SLW]HQ GHU K|FKVWHQ 3\UDPLGHQ EHVFKLHQHQ" 8QG MHGHQ $EHQG KDEH LFK PLFK YRQ GLU YHUDEVFKLHGHW ZHQQ GX XQV YHUOLH‰HVW XQGGHQ+LPPHOLP:HVWHQPLWZHKPWLJHQ)DUEHQEHU ]RJVW 'XNRQQWHVWQLFKWZLVVHQGD‰LFK]XVDPPHQPLWGHLQHQ KHLPOLFKHQ 9HUHKUHUQ DOOQlFKWOLFK GDV $FKHWDWDWRQ DXI VXFKWH ² GHLQH YRQ DOOHQ YHUJHVVHQH +HLPVWDWW /DQJH LUUWHQZLUGXUFKGLHPHQVFKHQOHHUHQ]HUVW|UWHQ6WUD‰HQGHU KHLOLJHQ 6WDGW XQG ZDUWHWHQ XQWHU GHP NDOWHQ /LFKW GHV 0RQGHVDXIGHLQJHKHLPQLVYROOHV(UVFKHLQHQ2$WRQZLH KDEHQ ZLU GDV 6FKLFNVDO GHLQHV XQJOFNOLFKHQ 6RKQHV (FKQDWRQ EHZHLQW ZHQQ ZLU GLH YHUZLVFKWHQ 6SXUHQ VHL QHV1DPHQVDXIGHQ0DXHUQGHU]HUVW|UWHQ6WDGWVDKHQ« :DQQZLUVWGXDXIK|UHQPHLQ9RONPLWGHLQHQJQDGHQ ORVHQ 6WUDKOHQ ]X YHUIROJHQ GLH PLW KHL‰HP $WHP DOOH %UXQQHQ DXVWURFNQHQ XQG GDV *UDV DXI GHP :HJ YHUGRU UHQODVVHQ" /HXFKWHXQG]HLJHPLUGHQ:HJ:LUZHUGHQGHLQH6WDGW DQHLQHPQHXHQ2UWZLHGHUHUULFKWHQ 0RVHVODJ DXIGHQ .QLHQXQGVWUHFNWHGLH $UPH ]X GHQ IHUQHQ %HUJHQ ZR GLH 6RQQH XQWHUJHJDQJHQ ZDU 'DQQ OHKQWH HU VLFK HUVFK|SIW DQ GHQ NDOWHQ )HOV (LQ VFKDUIHV NXU]HV 3IHLIHQ GXUFKVFKQLWW GLH 6WLOOH GHU 1DFKW 0RVHV K|UWHQLFKWV$OOHVXPLKQKHUXPZDULKPIUHPGNDOWXQG JOHLFKJOWLJ 'DV +LPPHOVJHZ|OEH GHKQWH VLFK HQGORV EHU LKP 1LUJHQGZR ZDU +LOIH 6LH ZDU HEHQVR XQ P|JOLFK ZLH GDV $XIWDXFKHQ GHU 6RQQH DQ GHU 6WHOOH ZR VLHXQOlQJVWXQWHUJHJDQJHQZDU 3O|W]OLFK HUVFKLHQ YRU LKP GLH EHUJUR‰H *HVWDOW HLQHV 0HQVFKHQ*HUlXVFKORVWUDWHUDXVGHQ)HOVHQJDQ]LQHLQ

EOHQGHQGHV/LFKWJHKOOW 0RVHVVFKOR‰IXUFKWVDPGLH$XJHQXQGEHGHFNWHVLHPLW GHU +DQG $OV HU QDFK HLQHP 0RPHQW VHLQH +DQG ZHJ QDKP VWDQG GHU 0HQVFK QRFK LPPHU GD (LQH XQKHLPOL FKHGRFKUXKLJH6WLPPHHUIOOWGLH6WLOOH Ä0RVHVLFKZHUGHGLUKHOIHQ'XZLUVWGHLQ9RONUHWWHQ«³ 'LH HUVWHQ 6RQQHQVWUDKOHQ WUDIHQ 0RVHV VFKRQ QLFKW PHKU DXI GHP %HUJJLSIHO :LH DXI )OJHOQ WUXJ LKQ GLH =XYHUVLFKWGHQ%HUJKLQXQWHU(UHLOWH]XVHLQHQ6WDPPHV EUGHUQ 'LH VHLW ODQJHP YHUJHVVHQH JHELHWHULVFKH 6WLPPH LKUHV )KUHUVULHIGLH0HQVFKHQ]XP$XIEUXFK$OVVLFKDOOHXP LKQYHUVDPPHOWKDWWHQKLHOWHU HLQH IODPPHQGH 5HGH GLH LKQHQ QRFK ODQJH LP *HGlFKWQLV EOLHE (U HUNOlUWH LKQHQ GD‰ GHU HLQ]LJH XQG PlFKWLJH *RWW VHLQH *HEHWH HUK|UW KlWWH XQG GHQ +HLPDWORVHQ KHOIHQ ZHUGH (U VSUDFK YRQ GHU JHKHLPQLVYROOHQ (UVFKHLQXQJ GHV *RWWHV LQPLWWHQ GHV +LPPHOVOLFKWVYRQVHLQHQ$QRUGQXQJHQGLHGDVNQIWLJH /HEHQ GHV 6WDPPHV EHVWLPPHQ ZUGHQ :HQQ VLH LKQHQ IROJWHQ ZUGHQ VLH HQGOLFK GDV ODQJHUVHKQWH IUXFKWEDUH /DQGHUUHLFKHQ 'LH HUKDEHQH *HVWDOW 0RVHV GHU VHLQH IUKHUH 6WlUNH ZLHGHUHUODQJW KDWWH YHUN|USHUWH IU GLH 0HQVFKHQ *RWW VHOEVW²HLQ]LJLQVHLQHU0DFKWXQGLQVHLQHU:HLVKHLW 1DFK HLQLJHQ 7DJHQ EUDFK GHU 6WDPP XQWHU GHP .ODQJ GHU 7LPSDQL >JULHFK 3DXNHQ@ XQG VLOEHUQHQ +|UQHU LQ Q|UGOLFKHU5LFKWXQJDXI 0RVHVZDUVWDUNZLHHKXQGMH 'LH0HQVFKHQ JODXEWHQ DQ LKQ JODXEWHQ DQ GDV =ZLHJHVSUlFK PLW *RWW 6LH HU ]lKOWHQVLFKGD‰LQPDQFKHQ1lFKWHQQHEHQVHLQHP=HOW GDV DEVHLWV YRQ GHQ DQGHUHQ DXIJHVWHOOW ZDU HLQH UlWVHO KDIWH ZHL‰H :RONH DXIWDXFKWH (LQLJH EHKDXSWHWHQ VRJDU

VLHKlWWHQVHOEVWGLHOHXFKWHQGH)LJXUGHV*RWWHV JHVHKHQ YRUGHP0RVHVPLWJHQHLJWHP+DXSWJHVWDQGHQKlWWH 'LH5HJHOQGLH0RVHVIUGDVJHPHLQVFKDIWOLFKH/HEHQ DXIVWHOOWH IKUWHQ ]X XQJHDKQWHU 2UJDQLVDWLRQ GHU ELVKHU VRSULPLWLYHQ6WUXNWXUGHV6WDPPHV%DOGVFKRQEHNDPHQ GLH 6WlGWH XQG 6LHGOXQJHQ GLH DP :HJH ODJHQ GLHVH 6WlUNH]XVSUHQ(LQHQDFKGHUDQGHUHQRUGQHWHQVLHVLFK LKUXQWHU'LH*HPHLQVFKDIWZXUGHVRPlFKWLJGD‰VLHGLH DPVWlUNVWHQEHIHVWLJWH6WDGWMHQHU*HELHWH²GLH6WDGWLQ GHU GHU LKU YHUZDQGWH 6WDPP OHEWH ² QDFK HLQHU JUR‰HQ 6FKODFKWHLQQHKPHQNRQQWH² 0RVHVå *HVFKLFKWH GLH VLFK LQ VHLQHP %HZX‰WVHLQ ZLH YRUVHLQHQ$XJHQYROO]RJKDWWH8VPDQVHKUHUPGHW'LH 1DFKW ZDU YRUEHL XQG LP .UDQNHQ]LPPHU ZDU HV EHUHLWV KHOO 6LFKHU ZHUGHQ VLH EDOG ]X PLU NRPPHQ GDFKWH HU 8QGHUJODXEWHVFKRQ6FKULWWH]XK|UHQGLHVLFKQlKHUWHQ $OV GLH 7U JH|IIQHW ZXUGH YHUQDKP HU MHGRFK QLFKWV PHKU« (U|IIQHWHGLH$XJHQ'lPPHUOLFKWXPJDELKQ'HU7DJ ZDUDOVRYRUEHLJHJDQJHQ(LQPDOVRVFKLHQHVLKP KDWWH LKP MHPDQG HLQH JHVFKPDFNORVH )OVVLJNHLW HLQJHIO|‰W 'DQQKDWWHPDQLKQZLHGHUDOOHLQJHODVVHQ $XIV QHXH NHKUWHQ VHLQH *HGDQNHQ ]XP QlFKWOLFKHQ $EHQWHXHUDQGHU7HPSHOPDXHU]XUFN8QGGDQQWUXJLKQ ZLHGHUMHQHXQEHNDQQWHYRQLKPQLFKW]XVWHXHUQGH.UDIW GHU (LQELOGXQJ LQ GLH =HLWHQ IHUQHU *HVFKLFKWH GLHVPDO ]XP ]ZHLWHQ ([SHULPHQW DQ GLH 8IHU GHV 6DO]PHHUHV GHVVHQ |OLJHV :DVVHU WUlJH LP 6FKHLQ GHU XQWHUJHKHQGHQ 6RQQHVFKLPPHUWH 'LH6RQQHZDUKLQWHUGHP+|KHQ]XJGHUQLHGULJHQ%HUJH ZHJJHWDXFKWGLHGLH.VWHYRQ:HVWHQKHUDEVFKLUPWHQ $OOHV ZDV GLHVHV 0HHU EHKHUUVFKW ZLUG IUKHU RGHU

VSlWHU LQ GHP lW]HQGHQ :DVVHU RGHU DQ VHLQHQ OHEORVHQ 8IHUQXQWHUJHKHQ'LHJLIWLJH)HXFKWHXQGGLHDXVJHJOK WHQ6WHLQHGLHVHU+|OOHGLHVLFKLQJUl‰OLFKHU:HLVH]XDU EHLWHQZHUGHQGDV,KUHGD]XWXQ« 5DEEL&KDJXGDLVD‰DXIHLQHQ6WHLQXQGEHWUDFKWHWHGHQ VFKZHUHQ6FKODJGHU:HOOHQ :LUZHUGHQKLHU]XJUXQGHJHKHQDOOHELVDXIGHQOHW]WHQ 0DQQ 8QVHUH *HGDQNHQ XQVHUH +RIIQXQJHQ XQG XQV VHOEVWZLUGGDV6DO]GLHVHU:HOOHQ]HUIUHVVHQ 'HU /HKUHU LVW KLQJHULFKWHW ZRUGHQ « (LQH :RFKH LVW VHLWGHP YHUJDQJHQ :DUXP KDEH LFK QRFK QLFKW GHQ 9HU VWDQGYHUORUHQ":DUXPKHUUVFKHQGLHYHUKD‰WHQU|PLVFKHQ (LQGULQJOLQJH XQG LKUH YHUORJHQHQ +DQGODQJHU QDFK ZLH YRU EHU PHLQ 9RON" :DUXP KDW VLFK GLH (UGH QLFKW DXI JHWDQ XQG VLH YHUVFKOXQJHQ" :LH ODQJH QRFK ZHUGHQ VLH XQJHVWUDIWGLH-DKUWDXVHQGHJOWLJHQ*HVHW]H-DKYHV>KHEW 1DPHGHV*RWWHV,VUDHOVHEHQVR-RVFKXD@YHUOHW]HQ" 'HU/HKUHU«6LHKDEHQLKQJHW|WHWZLHHLQHQJHZ|KQOL FKHQ 0HQVFKHQ 'RFK VRJDU QDFK GHP 7RG KDW HU VHLQ *HKHLPQLVEHZDKUW6HLQJDQ]HV/HEHQYROO]RJVLFKXQWHU PHLQHQ $XJHQ ² YRQ GHU *HEXUW ELV ]XP 7RG 'HQQRFK LVWHVDXFKIUPLFKHLQ*HKHLPQLVJHEOLHEHQ ,FKKDEHHLQHQ0HQVFKHQDOV/HKUHUDQHUNDQQWGHUGUHL ‰LJ-DKUHMQJHUDOVLFKZDU$EHUQLFKWQXUIUPLFKZDU HU HLQ /HKUHU HU ZDU HV IU XQVHUH JDQ]H *HPHLQGH 'LH -DKUH DQ VHLQHU 6HLWH ZDUHQ VR XQJHVWP GD‰ LFK NHLQH =HLW KDWWH DOO GDV ]X EHUGHQNHQ ZDV HU JHWDQ KDW ]X EHJUHLIHQZDVIUHLQ0HQVFKHUZDU-RVFKXDR-RVFKXD «'XELVWQLFKWPHKU 6HLQH *HGDQNHQ VHLQH :RUWH ² VLH ZDUHQ QLFKW YRQ GLHVHU :HOW :LU KDEHQ GDV YHUVWDQGHQ DOV HU QRFK QLFKW HLQPDO]HKQ-DKUH]lKOWH6FKRQGDPDOVUJWHHUGLH$OWHQ

RE LKUHV EOLQGHQ *HKRUVDPV GHQ 5|PHUQ JHJHQEHU RE LKUHU'HPXWJHJHQEHUGHQYHUORJHQHQ3KDULVlHUQGLHGLH *HVHW]H YHUGUHKWHQ GLH -DKYH VHOEVW XQV HLQVW JHJHEHQ KDWWH« 6FKRQGLH*HEXUWGLHVHV0HQVFKHQZDUVRXQJHZ|KQOLFK « 'DV ZDU YRU GUHLXQGGUHL‰LJ -DKUHQ DP 5DQGH HLQHV |GHQ 6WlGWFKHQV $P 7DJ QDFK VHLQHU *HEXUW JHVFKDK LQ GHU 1DFKW HWZDV ZRUDQ VLFK GLH :|FKQHULQ QRFK ODQJH HULQQHUWHXQGZRUEHUPDQQRFK-DKUHLQGHUJDQ]HQ6WDGW VSUDFK:LHZDUGDVGRFKJHZHVHQ" ,QMHQHU1DFKWVRHU]lKOWHPDQVLFKVHLLQGHU DUPVHOL JHQ+WWHGLH0XWWHUYRQ:HLQHQLKUHV.LQGHVDXIJHZDFKW XQGKDEHHVJHVWLOOW3O|W]OLFKKDEHVLHGUDX‰HQHLQVFKDU IHV 3IHLIHQ JHK|UW XQG NXU] GDUDXI VHL LP 7UVSDOW HWZDV /HXFKWHQGHV HUVFKLHQHQ 'LFKWHU 5DXFK KDEH DXJHQEOLFNV GLH NOHLQH +WWH DXVJHIOOW 'LH 0XWWHU KDEH YRU 6FKUHFN DXIJHVFKULHQXQGGDV%HZX‰WVHLQYHUORUHQNXU]EHYRUVLH ZLHVLHVSlWHUEHWHXHUWHHLQJHZDOWLJHV$XJHHLQGULQJOLFK DQJHEOLFNWKDEH 0DQVDJW]XHUVWVHLHQGLH+LUWHQ]XVDPPHQJHVWU|PWGLH LQ DOOHU )UKH LKUH +HUGHQ DXI GLH EHQDFKEDUWHQ $KQHQ DXIWULHEHQ6LHEHKDXSWHWHQHLQHQ6WHUQJHVHKHQ]XKDEHQ GHUODQJVDPYRP+LPPHODXIGLH+WWHQLHGHUJLQJ,QGHU +WWH DEHU HQWGHFNWHQ VLH QXU GLH EHVLQQXQJVORVH 0XWWHU XQGGDV.LQGGDVVLHPLWXQQDWUOLFKHUZDFKVHQHQ$XJHQ DQJHVHKHQKDEH« 5DEEL &KDJXGDL KDWWH VHOEVW RIW GHQ .QDEHQ JHWURIIHQ ZLH GHU LQ *HGDQNHQ YHUVXQNHQ GXUFK GLH 8PJHEXQJ JHVWUHLIW ZDU 0LW GHQ -DKUHQ YHUEUHLWHWH VLFK GHVVHQ 5XI EHUGDVJDQ]H/DQG0HQVFKHQNDPHQYRQEHUDOOKHU]X LKP (U OHKUWH VLH GDV *XWH XQG DXFK GHQ .DPSI (WZDV 1HXHV 8QJHZ|KQOLFKHV JLQJ YRQ VHLQHQ 3UHGLJWHQ DXV

9RU ]HKQ -DKUHQ KDWWH GHU 5DEEL LKQ DOV VHLQHQ /HKUHU DQHUNDQQW 'DQQ IROJWHQ -DKUH LQ GHQHQ VLH DXI GHU )OXFKW ZDUHQ (LQH NOHLQH *HPHLQGH IROJWH GHP /HKUHU KLHUKHU DQV 6DO]PHHU 'LH GVWHUHQ +|KOHQ LQ GHQ ]HUNOIWHWHQ 8IHUDEKlQJHQZXUGHQIUODQJH=HLWLKU=XKDXVH 9RQ KLHUDXV ]RJ GHU /HKUHU LQ GLH XPOLHJHQGHQ 6WlGWH XP]XSUHGLJHQ2IWKDWWHLKQGHU5DEELEHJOHLWHW(UZDU DXFKGDEHLJHZHVHQEHLGHPEHUKPWHQ'LVSXWGHV/HKUHUV PLW GHQ 3KDULVlHUQ ² GHQ HKHPDOLJHQ *HVLQQXQJVJHQRV VHQGHV5DEEL²GRUWDXIGHQ6WXIHQGHV7HPSHOVPLWGHQ JROGHQHQ.XSSHOQ 'HU 5DEEL ZDU IHVW EHU]HXJW GD‰ GHU /HKUHU XQPLWWHO EDUHQ .RQWDNW PLW -DKYH KDWWH $XFK LQ GHU *HPHLQGH UHGHWHPDQGDUEHU« (V JHVFKDK LQ GHQ -DKUHQ HU]ZXQJHQHQ 8PKHULUUHQV (LQPDO VFKOXJHQ GHU /HKUHU XQG VHLQH %HJOHLWHU LKU 1DFKWODJHU LQ HLQHP KJHOLJHQ *HOlQGH DXI DP 8IHU GHV 6HHVYRQ.LQQHUHWK0LWWHQLQGHU1DFKWZDFKWHGHU5DEEL YRQHLQHP3IHLIWRQDXI$XIGHU6SLW]HGHV+JHOVERWVLFK LKP HLQ XQJODXEOLFKHV 6FKDXVSLHO 'RUW VWDQG GHU /HKUHU PLW JHQHLJWHP .RSI YRU HLQHP VFKUHFNOLFKHQ 8QJHKHXHU 'DV 8QJHKHXHU VFKZHEWH LQ GHU /XIW XQG VDQGWH HLQ /HXFKWHQ DXV 'DV *HVLFKW GHV /HKUHUV YRQ GLHVHP /HXFKWHQ HUKHOOW GUFNWH 'HPXW XQG WLHIH 7UDXHU DXV (QWVHW]WVFKOR‰GHU5DEELVHLQH$XJHQ$PQlFKVWHQ7DJ DOVHUGHQ/HKUHUQDFKGHQQlFKWOLFKHQ9RUJlQJHQEHIUDJ WHHUKLHOWHUGHQ]RUQLJHQ%HIHKODOOGDV]XYHUJHVVHQ« 9RP0HHUZHKWHLQNKOHU:LQG'HU5DEELZDQGWHVLFK XP,QGHU)HUQHLQGHQ)HOVK|KOHQOHXFKWHWHQ)HXHUDXI 6LH EHUHLWHQ VLFK ]XP $EHQGPDKO YRU GDFKWH HU ,FK PX‰HLOHQ8QGQRFKKHXWHZLOOLFKGLHEHJRQQHQH6FKULI

WUROOH ]X (QGH EULQJHQ :LU DOOH ZHUGHQ ]XJUXQGH JHKHQ GRFK GDV ZDV GHU /HKUHU JHVDJW KDW VROO GHQ 0HQVFKHQ EOHLEHQ ,FK ZLOO GDV YRQ LKP %HJRQQHQH YROOHQGHQ ,FK YHUYROOVWlQGLJH VHLQH /HKUH XP GLH %HVFKUHLEXQJ VHLQHV /HEHQVXQGVHLQHVOHLGYROOHQ7RGHV hEHU GDV ]HUIXUFKWH ZHWWHUJHEUlXQWH *HVLFKW GHV $OWHQ UDQQHQ 7UlQHQ DOV HU DQ GLH +LQULFKWXQJ GDFKWH (V ZDU ZLHHLQVFKUHFNOLFKHU$OSWUDXP$OOHVKDWWHVLFKDQHLQHP HLQ]LJHQ 7DJ DEJHVSLHOW +lVFKHU KDWWHQ GHQ /HKUHU DXI GHQ6WXIHQGHV7HPSHOVPLWGHQJROGHQHQ.XSSHOQHUJULI IHQ 8QYHU]JOLFK KDWWH GHU +RKHSULHVWHU GDV 7RGHVXUWHLO JHVSURFKHQ ÄZHJHQ $QVWLIWXQJ ]XP $XIUXKU XQG 9HUXQ JOLPSIXQJ GHU 0LWJOLHGHU GHV REHUVWHQ UHOLJL|VHQ 5DWHV³ 'HU U|PLVFKH 6WDWWKDOWHU KDWWH GDV 8UWHLO EHVWlWLJW $P VHOEHQ 7DJ QRFK ZXUGH GHU /HKUHU XQWHU GHQ VHQJHQGHQ 6WUDKOHQ GHU 6RQQH DQV .UHX] JHVFKODJHQ JHJHQ $EHQG VWDUEHUXQWHUXQVlJOLFKHQ4XDOHQ%LV]XPOHW]WHQ$XJHQ EOLFN ZDU GHU 5DEEL EHU]HXJW GD‰ -DKYH VHLQHQ 3URSKH WHQHUUHWWHQZUGH'RFKQLFKWVJHVFKDK« 2KQH VLFK GLH 7UlQHQ YRP *HVLFKW ]X ZLVFKHQ VFKULWW GHU$OWHLQJHEHXJWHU+DOWXQJ]XGHQ+|KOHQ

1DFK HLQLJHQ 'XW]HQG -DKUHQ ZXUGH GDV /DQG YRQ 9RONVXQUXKHQ JHJHQ GLH U|PLVFKH +HUUVFKDIW HUVFKWWHUW 'LH %HZRKQHU GHU +|KOHQ ² $QKlQJHU GHV /HKUHUV GLH DP /HEHQ JHEOLHEHQ ZDUHQ ² YHUOLH‰HQ GLH 8IHU GHV 6DO]PHHUHV XQG VFKORVVHQ VLFK GHQ $XIVWlQGLVFKHQ DQ ,Q GHQ VFKZHU]XJlQJOLFKHQ +|KOHQ OLH‰HQ VLH LQ W|QHUQHQ .UJHQOHGHUQH6FKULIWUROOHQ]XUFNGLHGHUDOWH5DEELEH VFKULHEHQ KDWWH 1RFK YLHOH -DKUH HU]lKOWHQ GLH +|KOHQ PHQVFKHQEHUGDV /HEHQXQGGLH7DWHQGHV KDOEYHUJHVV VHQHQ /HKUHUV XQG VFKPFNWHQ LKUH %HULFKWH PLW LPPHU

SKDQWDVWLVFKHUHQ'HWDLOVDXV 'LHOHGHUQHQ6FKULIWUROOHQPLWVHLQHQ3UHGLJWHQXQGVHL QHU /HEHQVEHVFKUHLEXQJ JHULHWHQ LQ 9HUJHVVHQKHLW ² OlQJHUDOVHLQ-DKUWDXVHQG«

,PPHU GHXWOLFKHU ZXUGH GDV EHNDQQWH 0XUPHOQ 'HU 9DWHU EHWHWH ]X $OODK 8VPDQ |IIQHWH YRUVLFKWLJ GLH $X JHQ ,QVWLQNWLYYHUPLHGHUKHIWLJH%HZHJXQJHQGLHJUR‰H 6FKPHU]HQ KHUYRUULHIHQ 'HU 9DWHU VD‰ PLW KDOEJHVFKORV VHQHQ/LGHUQNDXPPHUNOLFKEHZHJWHQVLFKVHLQH/LSSHQ 6HLQ *HVLFKW ZDU EOD‰ RIIHQEDU KDWWH HU ODQJH QLFKW JH VFKODIHQ :DVZLUGEOR‰DXVLKPZHQQLFKGLHVQLFKWGXUFKVWHKH" GDFKWH8VPDQ 'LHVHU*HGDQNHZDUTXlOHQGHUDOVDOOHU6FKPHU] (LQH )UDX LQ HLQHP ZHL‰HQ .LWWHO WUDW HLQ XQG VDJWH HW ZDV ]XP 9DWHU 'HU HUKRE VLFK VFKZHLJHQG XQG YHUOLH‰ JHVWW]W DXI LKUHQ $UP GDV .UDQNHQ]LPPHU 'DQQ NDP GLH )UDX ]XUFN 8VPDQ EHNDP HLQH 6SULW]H DEHUPDOV ZXUGHLKPHLQH)OVVLJNHLWLQGHQ0XQGJHWUlXIHOW 8QGZLHGHU EOLHE HU DOOHLQ /DQJVDP GUHKWH 8VPDQ VHL QHQ.RSI]XP )HQVWHU 'XUFK HLQHQ 6SDOW LQ GHQ 9RUKlQ JHQ VDK HU HLQ 6WFN EODXHQ +LPPHO XQG GDUXQWHU GLH JHOEH6LOKRXHWWHGHU%HUJJLSIHO:DUHQGDVGLH%HUJHDXI GLH GHU Ä'VKLQQ³ JHZLHVHQ KDWWH" /DJ GRUW LQPLWWHQ GHV VWHLQHUQHQ&KDRVWDWVlFKOLFKHLQ]ZHLWHUVFKZDU]HU6WHLQ $EJHVDQGWHUHLQHUDQGHUHQ:HOWXQGKWHWHVHLQ*HKHLP QLVVFKRQPHKUDOVDQGHUWKDOEWDXVHQG-DKUH"6ROOWH HU LKQ GRUW ZR QDFK LVODPLVFKHU hEHUOLHIHUXQJ GHP 3URSKHWHQ GLHHUVWHJ|WWOLFKH(UOHXFKWXQJJHNRPPHQZDUGRUWLQGHU YHUJHVVHQHQ+|KOHVXFKHQ" 8QWHUGHV]HLFKQHWHVHLQH3KDQWDVLHEHUHLWVHLQQHXHV%LOG«

6LFK]ZLVFKHQGHQ6WHLQHQGXUFKVFKOlQJHOQGVFKULWWHLQ JDQ] LQ :HL‰ JHNOHLGHWHU 0DQQ GXUFK GLH 0LWWDJVKLW]H 1XU VHLQ YRU]HLWLJ JHDOWHUWHV VRQQHQJHJHUEWHV *HVLFKW ODJ IUHL(UZDUWLHILQ*HGDQNHQYHUVXQNHQ9RQ=HLW]X=HLW VSUDFKHUODXWYRUVLFKKLQPDQFKPDOVWLH‰HUHLQHQ6FKUHL DXV GDQQ JDE GDV (FKR VHLQHQ 5XI ]XUFN XQG HU YHU VWXPPWH ZLH YRP %OLW] JHWURIIHQ 8QG YRQ QHXHP PXU PHOWHHUYRUVLFKKLQXQGVHW]WHVHLQHQ]LHOORVHQ:HJIRUW Ä'LHJU|‰WH.DUDZDQHDXIGLHLFKVRYLHOH-DKUHJHZDU WHWKDEHQLFKWVKDWVLHPLU JHEUDFKW.DQQLFK GHQQ QRFK DXILUJHQGHWZDVKRIIHQ" :DVKDEHLFKDXV'DPDVNXVPLWJHEUDFKW1LFKWVDOVXQ YHUVWlQGOLFKH *HVFKLFKWHQ EHU HLQHQ DOOPlFKWLJHQ *RWW GHULQGHQ+LPPHOQZRKQW :HUGH LFK PLFK LUJHQGZDQQ DQ GLH 0L‰HUIROJH JHZ|K QHQN|QQHQ":LHODQJHQRFKNDQQLFKPHLQHVFKPlKOLFKH /DJHHUGXOGHQ"6RYLHOH0HQVFKHQOHEHQXQGDKQHQQLFKW GD‰ VLH HLQ HUElUPOLFKHV 'DVHLQ IKUHQ VLH OHEHQ ODQJH XQGVRJDUJOFNOLFKXQGGHQNHQDQQLFKWVDQGHUHV:DUXP TXlOHQ JHUDGH PLFK VROFKH *HGDQNHQ" .DXP ZDU LFK DXI GHU :HOW OLWW LFK XP PHLQH (OWHUQ ,FK YHUVWDQG QLFKW ZDUXP VLH HKUEDUH XQG NOXJH 0HQVFKHQ HLQHP NOHLQHQ +lXIFKHQ 0lFKWLJHU ]X :LOOHQ ZDUHQ ,PPHU KDEH LFK GDUDXI JHZDUWHW GD‰ GLHVH 8QJHUHFKWLJNHLW EDOG HLQ (QGH KDEHQ ZUGH 8QG GDQQ VDK LFK GD‰ QLFKW QXU EHU PHL QHP *HVFKOHFKW VRQGHUQ EHU GHP JDQ]HQ 6WDPP GHU .XUHLVFK GDV *HVFKOHFKW GHU 2PHMHU KHUUVFKWH 0HLQ JDQ]HV/HEHQZDUYHUJLIWHWYRP:LVVHQXPGLH6FKZlFKH PHLQHV 6WDPPHV ,FK WUlXPH HLQHQ XQHUIOOEDUHQ 7UDXP ²EHUGHQ6WDPP]XKHUUVFKHQ:LHYLHO$QVWUHQJXQJHQ KDEHLFKJHPDFKWXPVHOEVWHLQHQKRKHQ5DQJ]XEHNOHL

GHQ 'LH ODQJH .HWWH YRQ VHFKVKXQGHUW .DPHOHQ « :LH KD EHQ VLH PHLQ $XJH HUIUHXW 0HKU DOV KXQGHUW JHK|UWHQ MD PLU =ZHLKXQGHUW %HGXLQHQVlEHO ZDUHQ ]X LKUHP 6FKXW] GD 'DV VROOWH PHLQ JU|‰WHV *HVFKlIW ZHUGHQ +lWWH LFK (UIROJ JHKDEW KlWWH PDQ PLFK ]X GHQ UHLFKVWHQ %UJHUQ GHU6WDGWJH]lKOW *UR‰H 0HQJHQ :HLKUDXFK XQG 0\UUKH KDEH LFK DQ GHU .VWH GHU :RKOJHUFKH DXIJHNDXIW PHLQ JDQ]HV 9HUP| JHQ :XFKHUHUQ DQYHUWUDXW 'DV ZDV LFK VHOEVW DXV GHP 1RUGHQ KHUEHLVFKDIIHQ NRQQWH UHLFKWH NDXP DXV XP PHLQH6FKXOGHQEHLLKQHQ]XWLOJHQ:LHHKXQGMHELQLFK HLQDUPHU0DQQHLQ%HWWOHUIDVW :HU NRQQWH GHQQ DKQHQ GD‰ HLQH JUR‰H DFKWKXQGHUW .DPHOHVWDUNH.DUDZDQHDXVGHPIHUQHQ&KDGUDPDXWXQV XQEHPHUNW EHUKROWH XQG HLQH JDQ]H :RFKH YRU XQV LQ 'DPDVNXV HLQWUDI 'DV KDW XQVHUH *HVFKlIWH UXLQLHUW 0HLQH +RIIQXQJHQ VLQG ]XQLFKWH JHPDFKW VLQG ]HUWUDP SHOWZRUGHQZLHGLHZLQ]LJH$PHLVHYRQHLQHP.DPHOKXI 1XQ EOHLEW PLU QXU QRFK GLH )OXFKW ,FK NDQQ DOO GLH ]X IULHGHQHQ 2PHMHU XP PLFK KHUXP QLFKW PHKU DXVVWHKHQ NDQQ GHQ GVWHUHQ 7HPSHO PLW VHLQHP VFKZDU]HQ 6WHLQ QLFKW PHKU VHKHQ :HGHU *HEHWH QRFK 2SIHUJDEHQ KDEHQ LKQYHUDQOD‰WPLU]XKHOIHQ ,FKJHKH]XGHQ%HGXLQHQZHUGHZLHVLHGXUFKGLH: VWHUHLWHQXQG .DUDZDQHQ EHUIDOOHQ 8QG LP $OWHU EOHLEW PLU QLFKWV DOV LQ GHU (LQ|GH IHUQ YRQ GHQ 0HQVFKHQ 6FKDIH]XKWHQLUJHQGZRLQGHUIULHGYROOHQ)HUQHZHUGH LFK PHLQHQ 7RG ILQGHQ 0DQ HU]lKOW VLFK GD‰ ZHLW LP 2VWHQ KLQWHU GHP 0HHU GLH 0HQVFKHQ LKUHQ )ULHGHQ ILQGHQLQ$EJHVFKLHGHQKHLWXQGDOOHLQPLWGHU1DWXU«³ 'LH+LW]HZXUGHXQHUWUlJOLFK6HLQH%HLQH]LWWHUWHQYRU

GHQ$XJHQZDOOWHU|WOLFKHU1HEHO)LHEHUVFKWWHOWHLKQ(U ZX‰WH QLFKW PHKU ZR HU VLFK EHIDQG 9RQ =HLW ]X =HLW EOLFNWH HU ZLOG XP VLFK ULHI QDFK GHQ 6HLQHQ XQG DOV HU ULQJVXPVLFKQXUWRWHV*HVWHLQZDKUQDKPYHUVWXPPWHHU HUVFK|SIWXQGVHQNWHNUDIWORVVHLQ+DXSW ,Q GLHVHP =XVWDQG JHODQJWH HU DQ GHQ (LQJDQJ HLQHU NOHLQHQ.KOHVSHQGHQGHQ*URWWH(UOLH‰VLFKIDOOHQXQG OHKQWH VLFK HUPDWWHW DQ GHQ JODWWHQ GXQNHOJUDXHQ )HOV GHVVHQ2EHUIOlFKHDQJHVFKPRO]HQHV0HWDOOHULQQHUWH 6HLQ JDQ]HV /HEHQ EOLHE LKP GLHVHU JUDXHQKDIWH 7UDXP LP *HGlFKWQLV 2GHU ZDUHQ HV )LHEHUSKDQWDVLHQ" $OV LQIROJH GHV 6RQQHQVWLFKV DOOHV YRU VHLQHQ $XJHQ YHU VFKZDPP WDXFKWH SO|W]OLFK HLQ 8QJHKHXHU LQ PHQVFKOL FKHU *HVWDOW YRU LKP DXI (LQH IXUFKWJHELHWHQGH 6WLPPH VSUDFK]XLKP« $OV HU ZLHGHU ]X VLFK NDP EHPHUNWH HU GD‰ HU LPPHU QRFK KDOEOLHJHQG DQ GHP )HOV OHKQWH 'LH +LW]H KDWWH PHUNOLFK QDFKJHODVVHQ 'HU $EHQG ZDU DQJHEURFKHQ XQG KDWWHIULVFKHNKOH/XIWPLWVLFKJHEUDFKW (U KDWWH GDV (PSILQGHQ GD‰ VLFK VHLQH 8PJHEXQJ YHU lQGHUWKDWWH'LH%HUJHZLUNWHQQXQQLFKWPHKUVRWURVWORV XQG IHLQGVHOLJ 6HLQH QLHGHUJHGUFNWH 6WLPPXQJ ZDU ZLH ZHJJHEODVHQ (UZDUYRQHLQHPZXQGHUEDUHQ /HXFKWHQXPJHEHQGDV LKQ JOHLFKVDP HUKRE :DV ZDU JHVFKHKHQ" 8QEHZX‰W IKOWH HU GD‰ GDV DOOHV PLW VHLQHP VHOWVDPHQ Ä7UDXP³ ]XVDPPHQKLQJ =XVDPPHQVFKDXHUQG HULQQHUWH HU VLFK DQ GLHVFKUHFNOLFKH(UVFKHLQXQJ²GDVOHXFKWHQGH8QJHKHX HU:DVKDWWHHVLKPQXUPLWJHWHLOW" 3O|W]OLFKHUVWDUUWHHUHLQJHVFKFKWHUWYRQVHLQHQ$KQXQ JHQ 0LW IUFKWHUOLFKHU 6WLPPH KDW HV ]X PLU JHVSURFKHQ LP

1DPHQ GHV DOOVHKHQGHQ DOOHVYHUVWHKHQGHQ DOOPlFKWLJHQ *RWWHV'HVHLQ]LJZDKUKDIWLJHQ*RWWHVYRQGHPPDQXQV LQGHQ.DUDZDQVHUHLQGHVIHUQHQ'DPDVNXVHU]lKOWKDW« 'LHVHU*RWWVRVDJWHPDQZlKOWGHQZUGLJVWHQXQWHUGHQ 0HQVFKHQXPGXUFK LKQ GHP JDQ]HQ 9RON VHLQHQ :LOOHQ ]XYHUNQGHQ6LHVSUDFKHQYRQHLQHPJHZLVVHQ0RVFKHK RGHU0XVFKLGHULQOlQJVWYHUJDQJHQHQ=HLWHQJHOHEWKDW (V JDE QRFK DQGHUH $XVHUZlKOWH ² 6XOHLPDQ 'DYLG ,VDDN«*RWWKDWWH LKQHQ VHLQHQ IXUFKWJHELHWHQGHQ %RWHQ JHVFKLFNW²GHQOHXFKWHQGHQ'KDEUDLO(UZDUHVGHUPLW PLUJHVSURFKHQKDW,FKELQHLQ$XVHUZlKOWHU*RWWHV

-HW]W NDQQ LFK GLH VWRO]HQ 2PHMHU YHUDFKWHQ 2 $OOHU K|FKVWHU (LQ]LJHU PLW )UHXGHQ ZHUGH LFK GLU GLHQHQ 1LHPDQGZLUGPLFKGDUDQKLQGHUQ =HLJHPLUGHQ:HJXQGLFKZHUGHGDV0HLQHHUUHLFKHQ« 'LH6WDGWHPSILQJLKQPLWGHUEOLFKHQ*OHLFKJOWLJNHLW 1LHPDQGHQLQWHUHVVLHUWHQGLH)DVHOHLHQEHUGHQDOOPlFK

WLJHQ*RWWGHULP+LPPHOZRKQWZlKUHQGGLHJHZ|KQOL FKHQ NXUHMVFKLWLVFKHQ *|WWHU QHEHQ GHP VWHLQHUQHQ 7HP SHO KDXVHQ 1XU VHLQH QlFKVWHQ $QYHUZDQGWHQ GLH VHLQH DXIULFKWLJH 9HU]ZHLIOXQJ VDKHQ WDWHQ VR DOV JODXEWHQ VLH VHLQHQ :RUWHQ %HIOJHOW YRQ LKUHP Ä9HUWUDXHQ³ IXKU HU IRUWGLH/HKUHGHV$OOPlFKWLJHQ]XSUHGLJHQZRLPPHUHU HLQH*UXSSHYRQ0HQVFKHQDQWUDI 9RQ GHU 1DWXU PLW GHU *DEH HLQHV OHLGHQVFKDIWOLFKHQ 5HGQHUV EHGDFKW YHUOLHK HU VHLQHQ |IIHQWOLFKHQ $XIWULWWHQ PHKUXQGPHKU6FKOLIIVFKPFNWHVLHPLWDXVJHNOJHOWHQ :HQGXQJHQ GHU DUDELVFKHQ 5HGH ELV VLH GLH 3RHVLH GHU 0lUFKHQ GHU :VWHQEHZRKQHU HUUHLFKWHQ 0DQ ODXVFKWH LKPLPPHU|IWHU0LWVHLQHQEHJHLVWHUQGHQ$SHOOHQ]RJHU GLH 0HQVFKHQ DQ VWUHXWH =ZHLIHO LQ LKUH EHVWHKHQGHQ 3ULQ]LSLHQLQLKUH5HOLJLRQ (U YHUNQGHWH HLQHQ QHXHQ *ODXEHQ VWHOOWH QHXDUWLJH 9HUKDOWHQVQRQQHQ DXI SURNODPLHUWH HLQH QHXH *HULFKWV EDUNHLW =RUQLJ YHUGDPPWH HU DOOHV ZDV QLFKW PLW VHLQHU /HKUH EHUHLQVWLPPWH XQG EHVFKLPSIWH GLH UHLFKHQ 2PH MHU $OOPlKOLFK VDPPHOWHQ VLFK XP LKQ GLH GLH PLW GHQ +HUUVFKHQGHQGLHVHV/DQGHVXQ]XIULHGHQZDUHQ $Q7DJHQGHV0L‰HUIROJVZHQQPDQLKQYHUWULHEVXFKWH HU GLH (LQVDPNHLW GHU %HUJH XQG ]RJ VLFK IU 6WXQGHQ LQ MHQH*URWWH]XUFN8QGZHQQHUJDQ]XQGJDUYHU]ZHLIHOW ZDUHUVFKLHQLKP'VKDEUDL« (VYHUJLQJHQYLHOH-DKUH-DKUHYROOHU(QWEHKUXQJHQXQG UXKHORVHQ 8PKHULUUHQV EHYRU GLH QHXH /HKUH YRQ GHQ 0HQVFKHQ DQJHQRPPHQ ZXUGH $P JOFNOLFKVWHQ 7DJ VHLQHV /HEHQV HQWIHUQWH HU GLH VWHLQHUQHQ *|W]HQ YRQ GHU 0DXHU GHV DOWHQ 7HPSHOV XQG HUNOlUWH LKQ ]XU LUGLVFKHQ :RKQVWDWW GHV $OOHUK|FKVWHQ :HLVH JHZRUGHQ GXUFK GLH ODQJHQ XQG KDUWHQ -DKUH GHV SROLWLVFKHQ .DPSIHV QDQQWH

HU GHQ $OOHUK|FKVWHQ $OODK ² JDE LKP GHQ 1DPHQ HLQHV GHU SRSXOlUVWHQ |UWOLFKHQ *RWWKHLWHQ XQG GHQ VFKZDU]HQ 6WHLQ GHU VHLW XQGHQNOLFKHQ =HLWHQ LQ GHU 7HPSHOZDQG HLQJHODVVHQ ZDU HUNOlUWH HU ]XP JU|‰WHQ +HLOLJWXP GDV YRP $OOHUK|FKVWHQ VHOEVW DXI GLH (UGH JHVDQGW ZRUGHQ ZDU

8VPDQ HUZDFKWH ZHLW QDFK 0LWWHUQDFKW 'DV .UDQNHQ ]LPPHU ZDU VFKZDFK YRQ HLQHP JUQOLFKHQ /LFKW HUKHOOW (LQH NDXP ZDKUQHKPEDUH YRQ OHLFKWHU :HKPXW XP VFKDWWHWH 9RUDKQXQJ YRQ HWZDV :LFKWLJHP XQG 8QZLGHU EULQJOLFKHPXPJDELKQ (U ODJ GD XQG EHWUDFKWHWH GLH 'HFNH (U KDWWH GHQ :XQVFK VLH ]X GXUFKGULQJHQ XQG ZHLW ZHJ ]X JHKHQ GRUWKLQZRLKQQLHPDQGDXIKDOWHQNRQQWH 'LH JUQVFKLPPHUQGH 'HFNH VFKLHQ ]X WDXHQ XQG VHLQ .|USHU ZXUGH VFKZHUHORV %DOG VFKRQ WDW VLFK EHU LKP GLH XQHUPH‰OLFKH +LPPHOVNXSSHO PLW GHQ KHOOHQ 6WHUQHQ DXI(LQHXQEHNDQQWH.UDIWWUXJLKQPLWVLFKIRUW :HLW XQWHU LKP EOLHE GLH (UGH ]XUFN 9RQ KLHU REHQ ZLUNWHVLHZLHHLQUHOLHIDUWLJHU*OREXV1HEHQLKUJOLWWHLQ KHOOJOlQ]HQGHV5DXPVFKLIIYRUEHL« 'DQlKHUWHVLFKGDVZLQ]LJH'UHLHFNGHU+DOELQVHOHLQ JH]ZlQJW]ZLVFKHQGHPJHZDOWLJHQ)HVWODQGXQGGHUYRQ $VLHQDEJHVSOLWWHUWHQDUDELVFKHQ:VWHXQGPDQVDKZLH VLFK DP )X‰ GHU GVWHUHQ %HUJH GLH VLFK NLORPHWHUZHLW KLQ]RJHQ HLQH HQWNUlIWHWH HUVFK|SIWH 0HQVFKHQPHQJH ]X HLQHP=XJIRUPLHUWH 9RP5DXPVFKLIIHQWIHUQWHVLFKHLQNOHLQHUVFKZDU]HU*H JHQVWDQGXQGIORJ]LHOVWUHELJDXIGLHYHU]DJWH0HQJH]X« 'DQQ ELOGHWHQ VLFK RUJDQLVLHUWH 5HLKHQ YRQ 0HQVFKHQ XQG PDFKWHQ DOOHV QLHGHU ZDV VLFK LKQHQ LQ GHQ :HJ

VWHOOWH6SHHUHEOLW]WHQDXI« 'LH (UGH GUHKWH VLFK UXKLJ PD‰ -DKUKXQGHUW XP -DKU KXQGHUW (LQPDO DOV HV EHU GHP 6DO]PHHU IORJ HQWVDQGWH GDV 6FKLIIGHQ]ZHLWHQ)OXJDSSDUDW(UVWUHEWHLQGLH5LFKWXQJ GHVlUPOLFKHQ6WlGWFKHQVELV]XU+WWHPLWGHP1HXJHER UHQHQ« (LQH VFKUHFNOLFKH ([SORVLRQ EHJOHLWHW YRQ HLQHP DOOHV EOHQGHQGHQ /LFKW HUVFKWWHUWH GHQ HUGQDKHQ 5DXP 'DV 5DXPVFKLIIYHUVFKZDQG« 1XU GDV JUHOOH /LFKW EOLHE ,Q GLHVHP /LFKW XQWHUVFKLHG 8VPDQ ZLHGHU GLH ZHL‰HQ *HZlQGHU XQUXKLJHV KDVWLJHV 'XUFKHLQDQGHU'DQQZDUDOOHVYRUEHL

:DUXPZXUGHJHUDGHGLH(UGHIUVROFKHLQ([SHULPHQW JHZlKOW" :DU HV =XIDOO RGHU JDE HV JHZLFKWLJH *UQGH" 1LHPDQGZUGHHVMHPDOVHUIDKUHQ +DWWHQ VLH GHQQ GDV 5HFKW VROFKH ([SHULPHQWH DQ GHQ YHUQQIWLJHQ %HZRKQHUQ PHLQHV 3ODQHWHQ YRU]XQHKPHQ" +DEHQ VLH VLFK MHPDOV 5HFKHQVFKDIW EHU GLH )ROJHQ DE JHOHJW" 9LHOOHLFKWDEHUODJHQ LQ LKUHQ ([SHULPHQWHQ QLFKW ZHQL JHU$XIULFKWLJNHLWXQGJHVXQGHhEHUOHJXQJDOVLQXQVHUHP 9HUKDOWHQZHQQZLU$IIHQRGHUDQGHUH7LHUH]X9HUVXFKV ]ZHFNHQJHEUDXFKHQ" :DVZROOWHQGLH:HVHQGHUDQGHUHQ:HOWPLWLKUHQ9HU VXFKHQ HUUHLFKHQ" 8QG ZDV KDEHQ VLH HUUHLFKW" 1DFK 0RVHV VLQG GLH 6WDPPHVNULHJH QLFKW ZHQLJHU JHZRUGHQ GLH*HVHOOVFKDIW]HUILHOLQXQYHUV|KQOLFKH.ODVVHQ:XUGH GHVKDOE YRU PHKU DOV WDXVHQG -DKUHQ GDV ([SHULPHQW DQ GHP 1HXJHERUHQHQ YRUJHQRPPHQ" 'RFK ZDV ZDUHQ GLH )ROJHQ"'LH.UHX]]JHXQGEHU-DKUKXQGHUWHKLQZHJGDV

6W|KQHQ GHU *HTXlOWHQ LQ GHQ XQWHULUGLVFKHQ JHKHLPHQ 9HUOLHVHQGHUKHLOLJHQ,QTXLVLWLRQ«

-HW]W HUEOLFNWH 8VPDQ XQWHU VLFK GLH HQGORVH DUDELVFKH :VWH (LQH5HLWHUJUXSSHHUVFK|SIWHU%HGXLQHQDXIGHUHZLJHQ 6XFKH QDFK :HLGHSOlW]HQ IU LKUH 6FKDIH 1DFK GHP NXU]HQ DEHU NUlIWLJHQ 5HJHQ PX‰WH VLFK IULVFKHV *UDV ]HLJHQ« (LQ SO|W]OLFK DXIWUHWHQGHV 3IHLIHQ OLH‰ GLH 5HLWHU LQQH KDOWHQbQJVWOLFKYHUIROJWHQVLHGLHIHXULJH5DXFKVSXUDP +LPPHO (LQ VWDUNHV 'U|KQHQ GDV GLH (UGH HUEHEHQ OLH‰ ZDUIVLHDXVGHQ6DWWHOQ:HLWZHJYRQLKQHQEUHLWHWHVLFK HLQH5DXFKZRONHDXV 1XUGLH.LQGHUGLHVHU:VWHQEHZRKQHUZDJWHQVLFKDXV 1HXJLHUDQGHQ2UWGHV$XISUDOOVXQGHUEOLFNWHQLQHLQHP QLFKWVHKUWLHIHQ.UDWHUHLQHQVFKZDU]HQ6WHLQ« (UVW GLH (QNHO EUDFKWHQ DXI .DPHOHQ GLHVHV Ä*RWWHVJH VFKHQN³ LQ GDV LP %DX EHILQGOLFKH +HLP GHU VWHLQHUQHQ *|WWHU +lWWH MHPDQG YRQ LKQHQ ]XP EODXHQ +LPPHO JH VFKDXWKlWWHHULQGHU +|KH GHV $GOHUIOXJHV HLQHQ ZLQ]L

JHQ GXQNOHQ .|USHU HQWGHFNW GHU LKUH .DUDZDQH ]X EH JOHLWHQVFKLHQ'HU.|USHUVFKZHEWHQRFKODQJHEHUGHP 7HPSHOXQGDXFKGDQQQRFKDOVGHU6WHLQLP0DXHUZHUN YHUDQNHUW ZXUGH 'DQQ VHQNWH HU VLFK XQG YHUVFKZDQG LQPLWWHQ GHU %HUJH ZRP|JOLFK ZDU VHLQH (QHUJLH YHU EUDXFKW« :LHQDKPVLFKGLHVH3KLORVRSKLHIHUQHU=LYLOLVDWLRQHQLQ XQYHU]HUUWHU)RUPDXV" 8VPDQYHUVXFKWHVLFKDOOGDVLQV *HGlFKWQLV ]XUFN]X UXIHQ ZDV LKP GHU Ä'VKLQQ³ HLQJHJHEHQ KDWWH $EHU HU NRQQWH VLFK DQ QLFKWV %HVRQGHUHV QLFKWV IU LKQ 8QJH Z|KQOLFKHV HULQQHUQ :DV KDWWH DOO GDV QXU ]X EHGHXWHQ" :HVKDOE EHUKUWHQ LKQ GLH (UOHEQLVVH QLFKW GLH 0RVHV -RVFKXD XQG GHQ DUDELVFKHQ .DXIPDQQ VR HUVFKWWHUW KDWWHQ" :DKUVFKHLQOLFK GHVKDOE ZHLO GLH (UGH LQGHP VLH GLH VFKOLPPHQ )ROJHQ GLHVHV ([SHULPHQWV EHUZXQGHQ KDWWHYRQVLFKDXVDXIJDQ]QDWUOLFKHP:HJH]XHLQHP DQDORJHQ 6\VWHP GHU $QVFKDXXQJHQ JHNRPPHQ ZDU 'LH 5HOLJLRQHQ KDEHQ XQV DXV GLHVHU :HOWDQVFKDXXQJ ZHQLJH :DKUKHLWHQEHUPLWWHOWGLHGXUFKLUJHQGHLQ:XQGHUEHU GLH=HLWOlXIWHKLQEHUJHUHWWHWLQXQYHU]HUUWHU)RUPELV]X XQV JHODQJW VLQG :DKUVFKHLQOLFK VWLPPHQ GHVKDOE HLQLJH 9RUKHUVDJHQ GHU ÄJHKHLOLJWHQ³ %FKHU PLW HWOLFKHQ $Q QDKPHQSURJUHVVLYHU9RUVWHOOXQJHQEHUHLQ« 'LH WUDXULJHQ )ROJHQ GLHVHU ([SHULPHQWH ZHUGHQ QRFK ODQJHGDUDQHULQQHUQGD‰MHGHXQEHGDFKWH(LQPLVFKXQJLQ GHQ QDWUOLFKHQ *DQJ GHU JHVHOOVFKDIWOLFKHQ (QWZLFNOXQJ ² XQG VHL VLH DXFK QRFK VR ZRKOJHPHLQW ² GHQ HLJHQ VWlQGLJHQ :HJ ]XU %HIUHLXQJ XQG YROOHQ (QWIDOWXQJ GHU 0HQVFKKHLWQXUYHUELHJHQNDQQ« -HPDQGZHLQWHOHLVHXQGELWWHUOLFK'HQQRFKVFKLHQGLH VHV6FKOXFK]HQGDV:HOWDOO]XHUVFKWWHUQ9RQEHUDOOKHU

NDPHQGLHVHV:HLQHQXQGGDVDEJHKDFNWH0XUPHOQGDVLQ )OVWHUQ EHUJLQJ 7LHI XQWHQ ]ZLVFKHQ GHQ )HOVHQ HU EOLFNWH8VPDQHLQHQZHL‰JHNOHLGHWHQ0DQQ(UVD‰JHJHQ HLQHQ UXQGHQ JOlQ]HQGHQ 6WHLQ JHOHKQW 8VPDQ QlKHUWH VLFK XQG ZROOWH LKP ]XUXIHQ GD‰ LKP HLQ JUR‰HV *OFN ]XWHLOJHZRUGHQVHL²GHUXQPLWWHOEDUH.RQWDNWPLWDQGH UHQ:HOWHQXQGGD‰YRQVHLQHP9HUVWlQGQLVGHU$X‰HULU GLVFKHQ GDV 6FKLFNVDO YRQ 0LOOLRQHQ 0HQVFKHQ DEKlQJH $EHU GDQQ EHJULII 8VPDQ GD‰ GDV NHLQHQ 6LQQ KDWWH GD GLHVHU0DQQQLFKWVHLQHHLJHQHQ/HLGHQEHZHLQWHVRQGHUQ GLH/HLGHQGHU|VWOLFKHQ9|ONHUGLHDXFKQDFKGHU(LQIK UXQJ GHV QHXHQ *ODXEHQV MDKUKXQGHUWHODQJ YRQ 8QJOFN KHLPJHVXFKWEOLHEHQ(UEHZHLQWHGLH )ROJHQ YRQ UHOLJL| VHP )DQDWLVPXV GLH QLFKW HQGHQ ZROOHQGHQ LQQHUHQ =ZL VWLJNHLWHQXQGGLH5HOLJLRQVNULHJH« (VZDUGDV:HLQHQGDVHLQVWPDOVGHQQHXQWHQ.UHLVGHU 'DQWHVFKHQ+|OOHHUVFKWWHUWKDWWH 'HU0DQQLQ:HL‰VWDQGODQJVDPDXILQGHPHUVLFKDP 6WHLQ DEVWW]WH XQG GUHKWH VLFK ]X 8VPDQ XP (U EHXJWH VLFK EHU LKQ XQG YHUGHFNWH GLH JDQ]H :HOW XQG 8VPDQ HUNDQQWH LQ VHLQHP *HVLFKW GLH YHUWUDXWHQ =JH VHLQHV 9DWHUV GDQQ YHUQDKP HU GHVVHQ GXUFKDXV VHKU LUGLVFKH 6WLPPH Ä$OODK ZRIU VWUDIVW GX PLFK GHLQHQ WUHXHQ 6NODYHQ" :RLVWGLH*UHQ]HGHLQHU*UDXVDPNHLW"³ *UHOOHV/LFKWGXUFKIOXWHWHGDV:HOWDOOXQGKREGLHXQNOD UHQ8PULVVHGHV .UDQNHQ]LPPHUVDXVGHP'XQNHO 'DQQ ZXUGH HV ZLHGHU ILQVWHU 'HU VFKZDU]H :VWHQZLQG WUXJ 8VPDQLQV=HQWUXPVHLQHVXQKHLOEULQJHQGHQ:LUEHOV« Ä6WHK DXI 8VPDQ :LU KDEHQ QRFK HLQ SDDU 6DFKHQ ]X SDFNHQ 1XQ VWHK GRFK HQGOLFK DXI 6RKQ ,FK VFKDIIH HV

QLFKW RKQH GLFK PHLQH +lQGH ZROOHQ PLU HLQIDFK QLFKW PHKU JHKRUFKHQ +HXWH LVW GHU JOFNOLFKVWH 7DJ PHLQHV /HEHQV6WHKGRFKDXI³ :DVGHQQGDFKWH8VPDQEHWURIIHQVLQGZLUHWZDVFKRQ GD"'RFKDOVHUGLH$XJHQ|IIQHWHVDKHUGD‰HULP*DVW ]LPPHUODJXQGGHU9DWHUQHEHQLKPVWDQG Ä:DVKDVWGXPHLQ6RKQ"+DVWGXVFKOHFKWJHVFKODIHQ" :DKUVFKHLQOLFKKDVWGXGLFKZLHEOLFK]XVSlWKLQJHOHJW 9RUVROFKHLQHP7DJVROOWHPDQDXVJHUXKWVHLQ³ 8VPDQVFKPHU]WHGHU.RSIQDFKGLHVHQZLUUHQ3KDQWDVLHQ :DV KDE LFK QXU JHWUlXPW ,FK HUZDUWH YLHO ]XYLHO YRQ GLHVHP 6WHLQ « :DV VROOWHQ GLH IUHPGHQ :HVHQ GLHVH JDVELOGHQGHQ%LRDXWRPDWHQ"/D‰LFKPLFKHWZDDXFKYRQ GHP5XPPHOXPGLH$X‰HULUGLVFKHQDQVWHFNHQ"0LUKlWWH OLHEHU HWZDV 5HDOLVWLVFKHV EHU GLH 6WUXNWXU GHV 6WHLQV WUlXPHQVROOHQ 1DMDODVVHQZLUGDV,FKPX‰DXIVWHKHQXQGGHP9DWHU EHLP3DFNHQKHOIHQ$QGHQ6WHLQZHUGHLFKVFKRQKHUDQ NRPPHQ %OR‰ NHLQH $QJVW YRU Ä'VKLQQV³ XQG NHLQH 3KDQWDVWHUHLHQ EHU QHXH +HLOLJH XQG QHXH 3URSKHWHQ GDFKWH8VPDQLURQLVFKOlFKHOQGXQG]RJVLFKHLOLJDQ