!"#$%&'(")%!
!"# *+'),'*)-
$% &'
()*
() &
+,
/012/133
/012/450
/012/134
/012//62
7!8692/52
!
,./#0"
:!%;*<!=!.,>?8@8@
-8@8@!.,A!B;C<DE%F<G?H@I!JE;*8('!@
!BKL:JE@<7;!.,8HM8M<,?H@I!JE<=F
!NOJOP!:!,7?8@8@BQ<!RF;D'BSET!(G!>!JE;*
%E%8(';D?H@I!UV<?8@8@BQ!.,;D8HM8M@
8;C<D<W%S!%-%;!.,ET!(G!;*8HM8M7?8@8@BQ
!"8?*E?<,MX;!"!8HM8M*(
'M8M%Y;*!.ZG!!
@?8@8@7[JBKL:8ZG!Y<W<=S\]!@*8(
!^<=L(S!!8ZG!Y<=BKL:?@
I!WZ<OY;*?C!<OY7Y_B][JBKL:BJ
@@EJ@<,!.ZG8!*EE%F7BKL:!(@!?J@<,!ZH@
8;LJ@?*E?
8ZG!FH!<=
` .,<=8('U!@!JEa!@F8
!.!(DJE
` .,<=8HM8M!,BKL:;*C.@JEEJ!<,?H@
I!JE
` .,;*MN!<=?AEME>E
` "<=8?*E?MX!"!G;!"8HM8M<W<D
#?@;C.JEEJ!!J@8b;*KJEBKL:!J@
8HM8M<W!.,<=
1/21/
Trang 2
!
34/5-6%
c!%7JKEH'BNBdC!<G!e(8@B()
I!<W!I!.cLf[J!@F8!.%Y<D!**(
[JO?*(!XEH'BNBd<GU!e(8@<WHL([J
!@?&F7UZG!Y*[JI<=!%H<<
BQE**![M[J;U?c!@!'E
g7[JKEH'BNBd<G!C!H??h<WMT<,?*?8@
8@@*!'
7!86&2/52
;G!?8@8@
Trang 3
!
)%-1/
i:.H
i:!V;G!!d!
V;G!!d! G] H!
Trang 4
!
6
6ij
MEJi!j(M!@!LL
NCM%bW
iUEkW!!F
6EeWij;c6Z
Z8l
] J!m!J]!@!(
!(CMY_B
i
i i@J(B!J
!!%D<= M8!
;*@ & 530n
@o!JJ!
(MJJO!BmJ@!@@E
@!Y!(D!HB%;&
?H
(MJ!JO!BmJ@!@@E
JJ
pG!=MU@!Y
;*@!Y?H@I!$(
$@MPM!@<R!
!A!8?H@I!!%
o!JJ!
o
o]
o!JJ!JBBJ]JBB
@!@@E
A!@!YKIJE
o!JEEJ!qJM@!
-8@8@?H@I!!Zr
>(!J
o o!JJ!@!@@E
@!Y$%E*A!
@!YcLUE<=
BKL:?S88(
>;*<<,!(DLU
E!@A!E%
(,
o o!JJ!J;J@;LJ *CMLs;:o!JJ!
Trang 5
!
J!!(@@L;(
I!W$*A!Me
D8(!Lg<,I!W
LUE;*O8!"
t @B!tmmJ@!@@E A!@!YKIJE
q
q]
q]E*A!!I!!@8I!W
ZZ
uoj
JJuE!MM@BJo!JJ!
EjO!JB@B
$*bLgZZ
<,W;*ZTIoj
L!
] JJB]E@!
I!H?&!@*7E*
&!I!H<=CMI
?SvoLg<,(,A!
<@LUEC!<s!*
A!<@LUEDL*
Z<R;cO8BC!Z8
?!@
MEJEBmJ@!@@E
@!Y!(D!H!!
<'H7E*A!b!(D
!H!<!KF
o!JJ!
$u$
JJ@ZJ!B$(J
BM@!$(JJ!( A!Y_B
wq-$
A!]
>E
w
w-j
wB@E!JL-EZjE
A!LME
Trang 6
!
wj
wB@E!JL@JEj`E
A!LME
Trang 7
!
1 34%7489"
jEE*A!M'!!!E%E!E=;**(*<=BKL:AW
( .;I(aE*M'!;*:!%<,UZx!Cd!c
?H@I!JE!8Uy_!!BKL:JEE*A!;:
F!*8*CM;*FH!seF!N
J@?8@8@-H@I!%'*224!*%/**:;,'!82`2/52>(!J@!C(B"
!&>8W<AkEzJl;*8*;EV<H@kMBl!%o!JJ!Y2{n/
JE!%!@*e<=K<!@!82`2/52!.5JE<=O8<sY
W<A7!@<M8!;*&+<=20{|@!82&2/527Y6105
JEB!.5JEALEV<H@}40|JE<=K<!%!@*eE*JE
BM7~E*Y5n{JE<=K<!.!@B<5JEBM@B!R
E=JEBM!.!cn6|ALE%F!cE~;"]LE!uJOui!7!@
<8JELE=Ec!YW<A
5
?*?8@8@*(7@!C(Y<A(,!@EcZ!(D!!%!
JEi@<7[J<BN%Y8(';D?H@I!JE;*8
HM8M@8;C<D<=<+!•N@ZG!Y(%>.<,
M:;:@F8!.!IMB*(:!%>?8@8@E*%E%<=8H
M8M@U;C<D;D?H@I!JE<W%;*!"?*E?<,MX!"!G
8HM8M
5(!J72/527(!Jo!JEEJJqJM@!#vJ?(2/527;JzJL2]ME2/527
€!!M#uuzzzB(!J@u@!J!uJuBuJ!JMBJu@!J•JB@JBu?`!JEEJJ•JM@!•/2•2/52J`BMLm‚
Trang 8
!
C/S":+*,A*,
Trang 13
!
<M <= E !U !% BJ;J Lc L ME!JO!7 Z
<= W B@ELUE!%BJ;J!,<=!"?C!
Y E[ *@ ;* FH !s !, <
?C!
Zr
LU E *@
AL
JE>?!,?sE!U?C!;*;!!%?ZMBJ;J
>JJ L/%!"#/6',;%!T"L',U%!H4
*-)42
)A*+V,;::4%!
o!JJ!E*'AEc;cC!DBKL:I!L)L*<,<
!( IM ;*@ 8( ! @+ A?A7?d!8!!;*<EP
[<
S
MyZG?%<EdJA(
<!@>?7ZJ!,BKL:8
:
``!J`LLEJ
<,?d!!@*?A8!!VBKL:JE *(!,<=
!"
A!8L)L*!F8'!.†]?JE7
j!!JM
!""
V*%'4W#*W'
G<!,!!IMBJJ;*MBBz@L*?Lg<,!(IM
;*@JEBJ;J7
!,
<JE>?;*H@?<,KJE
<!7U!!*(!,!!IM?SZx
J
EP!%
Trang 14
!
7 t7 o] @+ ZG! ƒJ?E7 ?• 8< ! <M
Z<=W!%8@!YJE*(
%A)+4;%;WR,4A)/#
G ?C!F!N<G! !%!>.7 ?eOJOP!
ZH&;
B@
ELUEJE>?Z <=?H@;
-
!,aF!N<G;UZ8ZH&?G!<=<s
_o>8(
!
?!*(!,<=Lg<,I!*
M?<B@+!I!@
!
=M*@<!,!.
<s_>? *(ZOH(;cƒJ?E7t7o]7
<
;c!.EZH&OH(
*++)!*;V4W4/)'4;%
-C! Y ]LB!!@*@ !% ?C! Zr BJ;J '8JE<=
(,!GMF<<D!,<!<M>?;* '!GU7
y!,(!(<R!<M!cZ!GM
!:
<<G<
I > ? BQ Z !, ?G! ! <M > ? ?s !( <R (
Z‡
G
! <M?sO<C!!.aZ!,?G!•
!<M<W<=K@
X)S**++)!*+
I!L)L*<,!@A!JEH@*;x<=K?SA!
*@<
D
;B <WE= L: <, *( <, E !(D B 8
8(!Z8 . 7Z 8.
d
d• K
JEE*K!"B"`!%K!,L)L*E*
H
*++)!**2)#
jE!,?s+E7_BK7E!U;*KEB<-!,
Trang 15
!
I<= A!JE
=ME B<EI <=U!
dH@*;x=M
E
%:,;'*/'*V)/S":+
<M<=ELcLME`!JO!!%!C!H8BJ;J .
!G8?HB@E>
8
BJ;JBQY?H@M(!<M>?
-HB@E!,U!@D&;*!,<
?S
?C!Zr*@
F(D!(IM<M>?!,<=<+!SU'Z
!@*;*
?C!Z.a!,EC(<=7!IBZ?~E*
<WO!C!HJE
*:"V4)'4;%
-S;.U!<M!!!,?sH@7L@<Z
8*@Y
•
*@<K8!<M<@?
( Z ~ E* !I G A! < <W K @ ?
A!
!
<M7@*!y!,?XN(E*A!!@BU<,G!BY
e E T Z BK L: JE
<,
!" 8 =M <7 @ LsZ
L@ˆ
>Y !"#/6AM:)--)42
>Y> 4O4'4F"AM
+:)-
>Y>> :)-2B
!UZ
M ( y E* w-j kwB@E!JL -EZ jEl M E* U JE
Z<=B"@
MPM
>IkB@E!JL JEl<=K<;c
BE=Ec!cAM!>Lg
!JJ!
M<ZaE*U
JE!'Z<=B"@MPM>
Ikwj`wB@E!JL
@JE
j`El
ME*!* ! o!JJ! ?• 8 K <
D ! ;c
g
A! A L7 U ! *( <= !(D <G
Trang 16
!
U*Z!,ZI
[
>>>> R[%2;C4+:)-
E@BM7[UHSZ8<GLg
o!JJ!#
+*,%*'+:)-
N(E*LBM!!+M!%8m@7A!!BQ<=K
<G
!%2/JzB@MF8!.BKL:7Lg<W!C(•
?C!ZrA!!*@<=
K
<G
DJz@MA!E[!BQ
U!!Ze!G!wBJJ!BM
d!S!*A!\Zx
C+!^9<! !
!@
8JzB@M!Z@+Z
?@M@B!?*(@<s_>.wBJJ!BMGF(DBK
L: > 8JzB@M ?• 8E*!*IM 8FH 8@
@+
U?*;G!ZMg=M@*7wBJJ!BMZy
E*
H
S <GF(D<DZ,>FH!s!7GF(DFHET
A!
!@M
*@
<
-)42+:)-
jEBMd<GLg%?!!"!GMF8!<!K
8BMJBQ!G*!!IM<s_E?•8L(!Fy
!wBJJ!7&dM
L
B8
E(!.ZG!%zJ?;cU
BJBKL:Ls;:
<
!@!.<<@;f(!@ZI
(<E7;.;I(*BME*!
!%
A!Z@H!D%
G!78o;* 8Ls;: !" !(Gk@EJ BJ;JBlMH! !D<,
(,
8JE9BM<7UM*(BQ<=(,!"!GM
<G8!%
?@
-C!Ya!,!S!*K!8kBMJl‰7
Trang 17
!
?
A!*<A<8@e?8(E*B@<,
?G!‡cG! ?!
?8@
@? ?h?•8 KJE@5//
•!@BR<s_>?!G?
Z
C!A!<*@
* ;f !, K < 5//JEFH8@BHMb> . G
?G!<,*!.?BQE!@ *?!">#ŠB@.
Z K JE @
D
Z8 U‡ . BQ !, ! <=
DE=I'‡^q?BQ!.!yYL:
8
HM8M<,K<
<= DJE
@
HU ?Z FJ ?G!' I(E*
?<W!S!*
BMJ
>\ L/C4/E)
+:)-
eG!8BM<D•:<FH8@7!@UBH
Mb
Z
<8!I(@+ULs;:;x=MM8M(%7ZMH
;:
K]<DE*•:<FH8@!'A!B;:K]E
•:
<
?C!@+aUZxK]_<,?*(!XF<,
!s@+ !8@
.
!Y K ]( , C! E* .!YK <
U!<M<,EVLg!G!
EA
!!!*Z@HN*!"!GM7B
!x!L:ˆ`(<N(E*A!LMR?G
>
EV<H@!"
!(G
i@ZA!8!YFH*@<,EBMI;*@!cZ
<=
I?SBJ;J!o:?A7oMH!HM;D?&!@8!*
I
J@!Z%>MeEc8o!.!?sBMGZ@H
21`6/|
?&!ME*!*?A<>Lg;c8EFH8@7!,
E*Z
I
<=8EZ8G?s!*AME<!!C(BM<W
BKL:A!E=Ec!*(%*Z
e
B"@MPM(?C!ZrA!*
<A?!!!*@7E*@A<o!JJ!
MH
!A!M<8
Z,
Trang 18
!
UME%FZBMBQ<=!H?SIYZMH
E*
!V
8 BMJ *Z@H > BMJ BQ ?s >( ?X ( Z o M8!
Lg<,
K
BM7;.!G*eG!8BM<D<=K!VU!*Z@H!K
)MkE@!l
<,
ZC!?C!ZrA!M
*@
i@eG!8o<DA!B8c!"<A•!8B"
E
L:
!>78BMJBQ(,!B8!S8cZ87
G
!
OKET;*?&!*Ze,‹;D8!
<
J@?8@8@;*@Z@H!84&2//0!.Me!&BM!@!R
B
JE
!%!@*!GcOc!&E%Z8‹ *!8L@!.Z!,<@(
!
<=7 !J@!Z% >o!JJ!ƒJJZ!.Š1/!_wi…&ŠE* B
!D*8!(7
!R
Y!'!%!GcMH?X<,<M;c
!8<**(!C
;*@
y!>N
;%
Trang 19
!
2. 454:L:N5;-&'*-)42AB/6/0:]%!/G%!+:)-
>^ HV1%!/_%!/`+G
>^> 4O4'4F"AM/_%!/`+G
Y_BE*A!!M!<!KLg<,O8L!A!8N7
A!8(>7A!!(!%o!JJ!?•E8OJ7AG7
Y!(UC(!O88N,Y!7
?MH<='F]BS!CMY_Ba;I(7MHL@A!
!RY<YYIU!!>?E*O87<=E*
*CMY!"BkJ!m!J]!@!(7;G!!d!E*]l]MH<H
?H@;D<A!I(7s!8;D<AO8>Y_B*.
CM
>^J a4./S4+HV1%!/_%!/`+G
J>>> b;L
$=<e!%>Y_BE*!?H@I!!!pK
<WW@8!!?•Z@8Z>?7dd_?
cHW<=!!<,<@F8!.!(D!!F
o!JJ!7Lg<<=8!<WW@8*(7ZxOCaZ!,
?G!<=!@!!!.N(E*A!!&C!F!7
[MBKL:@*!@*!I(;DZH&?H@I!!!
U!@<R!!e?H@I!@7‰@LsE%N
*7N*<!K7!!@8?•!x!L:7<DeMH
Y_B<,<H?H@!@*
J>>J G%!!45-C;
p?K<A!!!7!,E*A!LUE@+A!JE7BK
L:Y_B7IBQZ,!<=!!>??s
Trang 20
!
!(<R(Z-C!ZrA!B"BK<R(!(!GAL>!
<M<DBQ?sM8!s_E>?7!%L@<D!,
?sZxOCE*H<,<8EVI<,EN(E;B7&dM!!
F!
(%7Y_B!.Z!,E*H7%;!@<R!!
ZhY_BE<H?H@!@*
J>>Y cL/'P/
p?KA!!!ZhY_B7I`!,E*<
!8ZL@7!RY@+'FF(D`BQO8<s‹<=
L!>?~E*LgZ.!C(?7F
!Y_B*?;*IgBKL:7IBQ
?G!dd<E*?YZMHE*A!Z8Œ8!"E*
A!!&C!F!!@;!"8@Ls<!K
F7a8!>!:*;c'FM8MF(D8
@!<A*(eMHO8‹K!!<,BKL:!
8M8MNN(E*D!H>A!M><!K7
!@MPMLN!,@!GM7!"8;*
;c'F*c@*!@*F!,7Y_
BE*A!MeZ!,!G7E*Me!E‹>M><!K
J>>\ G%!/G4/b4%!"d%!G/
pBKL:A!Y_B7?MHs!8@*!@*;D
U!!*Y_B<Zh@!=MK
W7M>IA!!!*@<ZMHL@.Kk‰
A!<'<+!*Fl7Y_B*I<=
BQE*?•YZ‰<sKE*!8H>!!<@
Trang 21
!
!=MW7]CMY_B@?%BQs!8
O8!!7Y!X!!<=
K
J>>^ eS=84F%'H
jE<A!;!yZ8F!!@!@<R!!*
*(>[!;.<,7x;*L)BKL:U!
<M!,K<7Fo!JJ!7<GUZ8*7
<M7*CM;*8<!8(%7JEC!L)?s!R
!'?S8ZJU!<M!,?s<(?sH@
!cZ<GI-•;BKL:Y_B8N7?
BQ&V<=8('*(*;fZE*HUE=
!G>JE cY_B8N7?!,!@!%A!UZT
<!K;*@JEA!?•YO8I>.UZT<
!Ka8!&O8!"!!7!@*;•LUE;*
W@*7Y_B8Ny@MPM
Lg!,Y!".;cA!zJ?BJ;J!F@!Y
?H@I!$'M8MY!"L"!%Y_B<=<8
8E*!!7!@*;*?H@I!'M'M8MY!"!(D!
L"!%I!Zb
J>>f 5;-&'Q*N+4'*
pƒJ?B!J>?BKL:@:<!'<!K(@
U:<F!Z87U!!!@<RU?;*
Z8*>?!,?sEA,!8('*(7?!,Lg
Y_B$J;J<,?H@I!@ƒJ?B!J>.Y_
B$J;JBQ@MPM?EIMC.ƒJ?B!J>.!J@@
!Y?H@I!$kJJ@ZJ!B$(Jl$@Y_B*(BQ
Trang 22
!
CM@ƒJ?B!J>?A!<sLL(C!•<H?H@
;cZ8*>?;D!O8!";*!=MM8M>ƒJ?B!J
Y_B$J;Ja@MPM!@<R!!!@*;*
?H@I!UƒJ?B!J;cZ8*7N;%;*<!8>?
!F$*R?I!E*8!&#
- "?8?•!x!L:
- -H@;U!!8N(H>Z8*
- H?H@ZJZ!,Ly!.<=I!Zb
J>>g 5-N5;:9%-M-
G?E*A!*BHOC!MeD7dd?BQeU
ŽŽ@!J*HŽŽ@BHMb>.N(E*A!:
Z!,!G!@;8ML:.!YBSU?HF(DY
_B*M8!!,MeDBQ@MPM?ZT;*@8MMEJ!7
BM!7•;B@m!zJ7]!;JŒ@!@E78mEJLjŒj7]-7i$$
;I(7!FY_B7?BQ<H?H@!=MM8Ma
OC!OY>BHMb'ULgBHMb
!,O8!"<=?E**CM7M8!<=B"!(<R>
'!.kL@;!.X(L@;BM87?sZ;*?8EIl
>f :V1%!/L/!454:L:N5;-&'*-)42/1'h
>f> 5;-&'*-)42AO4AB
8L)C!<,!&?H@I!@JEE*BKL:8Ls;:JE
…!=$kJJ@ZJ!$(Jl@8!ƒJ?E7t7o]7
BJ;JB$aE*A!L>$!%A!B!(<R
$E*B"ZG!=MU'GWZ<OY;*?C!<OYG?
ZG!!cBJ;JBKL:$78!=MBBQOH(#
Trang 23
!
- J;JBKL:ZM;!J><,YE*
BJ;J?<dZG!!cD<@??G!E*?Z
MH<ZG!!cA!\LLEJ\<d?d!8!>
?
- -K@BJ;JZM?E>?
- J;JBQK@?A!Z\BJJ!^<WW?•ZM?E>
?
- -;*BJ;JE%EBKL:'GI!WZ<OY<,!@<R
ZBJJ!k8!.E%EU2?%BKL:'GI!WZ
<OY'B@;c'GI!WZ<OYl
$=>$#
` -Y<=E*?<ZG!<[BJ;J
` -;*BJ;J<=!(D!!@A!Z%!@*
G?I<=?C!Zr!dH?8@*@ZZG!!cBJ;JBKL:
$7?%~<G;VZG!<GBJ;J<p*CM>
?+M;C<D;DZ•!I!7Z<BQ8!?8@;.B@ZG!>?!c
BJ;J>?s+8!.?s+ZG!!,B#
` Y_$>BJ;Jk+MM?uM;!JZJ(lG!
` A!B!!;DY_Z!g;cU.?@<=7
;L:?ZG!<GA!BJ;JZO8*@<
` Y_<=M8!*?SA!!RYZ!I(
Y_$<=CM?SA!!(!Y?7 J@+z!J
!(*(BQ!";Z,!<;c8!((%e<=CM
Y_;*BQ_CMY_@U!(*@;=!F<=?*Z,
!Y_$<=CM7?@!%!(<=CM7!%>!(M8!
*Y_;*!%>BJ;JBKL:Y_<p?ZG!!cA!
$J;J?!,Z,Y8!!!%;*dd•Y_
Trang 24
!
<<=CM?SA!!((!GY_=ME;*<=CMM8!?S
A!!((!!.?!,ZG!!cBJ;JA!8!@*
pBKL:$!%ƒJ?E7t7o];*J;J7?MHdd
•ZG!BK8(!>?;c*CMLs;:JEMH<=W
k;L:BKL:@ƒJ?El(%7ALJE>?7
BJJ7MBBz@L<=W_!8<=8*<AJEPU?
;c*CMLs;:JEis;:$Z?H@;JE>?Z
ZXJ;J<,<G<s_<k8(>Il .;I(7$
@* !@* ?H@ ; A L JE > ?7 Z ?H@ ; BJJ7
MBBz@L@*!@*<=(%7<D<a&V<=8*;
H@JE7<8dMALJE7ˆ
$C!L)BKL:$BQ_(%e?JZA!;*!!ZC.
JEEJ!$!@B!<;cI-!,BKL:Ls;:$
<,KJE+LgIZBKL:[
>fJ 5;-&'*-)42AO4-b7)S7)N?'8G4i_%!jRRABkl
J>>m 4O4'4F"AMRRABk
$_?H@;<=MBBz@L;*ALJE>?A!8!'<7
ZHF(G!<=@*!@*?C!Zr8;C<D*!<W<SMe
2#JML!@7J(M!@7z!JL?ZMB7JBBJ@Lm!@7ˆE*
?S;.$_?H@;<=AL>?!@@!GMU?;c
J;Jp<GJ;J7JE>?;fMHELcL
ME!JO!
HM8M<=<E*BKL:'GWZ?C!<OY<,
CMW7UZT;*O8!"JED<HF(G!<=8;C<D
B#
Trang 25