0% found this document useful (0 votes)
24 views37 pages

Sport 23

This long document discusses sports and free attitudes. It talks about how teams and collectives allow individuals to succeed through cooperation and shared values. Freedom of choice is important but society's consent is also necessary for groups to function.

Uploaded by

final65
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
0% found this document useful (0 votes)
24 views37 pages

Sport 23

This long document discusses sports and free attitudes. It talks about how teams and collectives allow individuals to succeed through cooperation and shared values. Freedom of choice is important but society's consent is also necessary for groups to function.

Uploaded by

final65
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
You are on page 1/ 37

%% '%

%% &-
%% ')
%%

'+
I>IG:
:C;6CIH I>IG:
EDAD I>IG:
KD>A: I>IG:
;G::HINA:
FjZahedgi
6XXgdX]Z6XXgdX]Z AZhX]Vbe^dccVih Eg‚g‚\ViZhYZ
6XXgdX]Z6XXgdX]Z 6XXgdX]Z6XXgdX]Z H¼ZckdnZgZca¼V^g
6XXgdX]Z6XXgdX]Z
6XXgdX]Z6XXgdX]Z YjbdcYZ
X]d^h^g 6XXgdX]Z6XXgdX]Z 6XXgdX]Z6XXgdX]Z
a¼6bZg^XV¼h8je 6XXgdX]Z6XXgdX]Z
Vj"YZhhjhYZh
A : B 6 < 6 O > C : H E D G I ; G : : 6I I > I J 9 : 6XXgdX]Z6XXgdX]Z |8]Vci^aan
edjgaVgZcig‚Z4 6XXgdX]Z6XXgdX]Z |BVghZ^aaZ
6XXgdX]Z6XXgdX]Z [_dgYhcdgk‚\^Zch
6XXgdX]Z6XXgdX]Z


:M8AJH>;
G
 6NBDC9
9
 DB:C:8=
H:8DC;>:
6

IDJHA:HK:C9G:9>H™C•'(™(H:EI:B7G:'%%)
<G6IJ>I CDHED>CIH9:9>;;JH>DCHJGLLL#;G::HEDGI#;G

PDF généré avec les logiciels Sowedoo


HEDGIH:9wKD>A:

A : B 6 < 6 O > C : H E D G I ; G : : 6I I > I J 9 :


L L L# ; G : : H E D G I# ; G

CDJK:A:heVXZ8dgedgViZ

Eajhg^X]Z
Eajh^ciZgVXi^[
Eajh\aVbdjg
EajhHedgi

lll#[gZZhedgi#[g
PDF généré avec les logiciels Sowedoo
(

w 9 > I D G > 6 A
:HEG>I9:8DGEH
Behigk[@[Wd#@WYgk[iHekii[WkWZ_iYekhk

ikhb[9edjhWjieY_Wb"b[\eejXWbbd½ƒjW_jfWiZ[Y[
cedZ[$FekhjWdjb½ƒgk_f[Z[<hWdY[\[hW_jX_[d
Z½[dh[b_h[gk[bgk[ifW][i$Gk[Z_jb[f^_beie#
f^[5Gk[ZWdijekjYebb[Yj_\"b[b_Xh[Yedi[dj[#
c[djZ[i_dZ_l_Zki[ijkd[YedZ_j_eddƒY[iiW_h[
}iWhƒkii_j[$B[fekle_hZkY^[\d½[ij`WcW_i
WXiebk" fWi fbki gk[
%% '%
%% &-
%% ')
%%

b½_dZ_l_Zk d[ Z_ifei[ '+


:C;6CIH
I>IG:
FjZahedgi
6XXgdX]Z6XXgdX]Z
X]d^h^g
6XXgdX]Z6XXgdX]Z
edjgaVgZcig‚Z4
6XXgdX]Z6XXgdX]Z
EDAD
I>IG:
YjbdcYZ
6XXgdX]Z6XXgdX]Z
|8]Vci^aan
6XXgdX]Z6XXgdX]Z
KD>A:
I>IG:
Eg‚g‚\ViZhYZ
AZhX]Vbe^dccVih 6XXgdX]Z6XXgdX]Z
6XXgdX]Z6XXgdX]Z
a¼6bZg^XV¼h8je
6XXgdX]Z6XXgdX]Z
|BVghZ^aaZ
6XXgdX]Z6XXgdX]Z
;G::HINA:
I>IG:
H¼ZckdnZgZca¼V^g
6XXgdX]Z6XXgdX]Z
Vj"YZhhjhYZh
6XXgdX]Z6XXgdX]Z
[_dgYhcdgk‚\^Zch
6XXgdX]Z6XXgdX]Z
A : B 6 < 6 O > C : H E D G I ; G : : 6I I > I J 9 :

Z½kd[ b_X[hjƒ WXiebk[$


 :M8AJH>;
G
 6NBDC9 ;d b½[if„Y[" HWocedZ
9
 DB:C:8=
H:8DC;>:
6
:ec[d[Y^ Y^e_i_j Z[i
`ek[khi$B[i`ek[khiZ[
b½ƒgk_f[Z[<hWdY[Ze_#

<G6IJ>I

GVnbdcY9dbZcZX]
l[djWkii_…jh[YedlW_d#
Yki gk[ b[i h„]b[i
IDJHA:HK:C9G:9>H™C•'(™(H:EI:B7G:'%%)
CDHED>CIH9:9>;;JH>DCHJGLLL#;G::HEDGI#;G

feiƒ[ifWhb[iƒb[Yj_ed#
%+
E]didYZXdjkZgijgZ/
d[kh le_h f$. iedj
Z_Yjƒ[i fWh b½_djƒh…j

'+
;gVcX`HZ\j^c$9ZVYa^cZ$Hedgi
]ƒdƒhWb$ 9½[ij#}#Z_h[
gk½[bb[i c„d[dj } kd[ gkWb_\_YWj_ed fekh bW
9ekf[ZkcedZ[(&&,$:„ibehigk[b[i`ek[khi
WYY[fj[dj"b[khWZ^ƒi_edZe_j…jh[[dj_„h[$Kd[
Xedd[ƒgk_f[dW‰jZ½kdXedYedjhWj$N
EB?L?;HC?B>ECC;

7DCC:=JB:JG
I=DB6H=J<J:H
8=G>HIDE=:8=:K6A>C$I;&

®?¼ViiZcYhVkZX^beVi^ZcXZaZegd"
X]V^c ;gVcXZ">hgV…a# GVnbdcY
9dbZcZX] c¼V eVh jcZ i}X]Z
[VX^aZ°BV^hX¼Zhijc]dbbZ^ciZaa^\Zci![^cXdb"
('
bjc^XViZjg!hVchVeg^dg^hjgaZh_djZjghZiXdccV^h"
hVciW^ZcaV_ZjcZ\‚c‚gVi^dc#K^Z^gVkVYZkZc^gaZ
cdjkZVjaZVYZgcVijgZadjEZYgZii^4#EVgXdcigZ!^a
[Vjifj¼jcZcdjkZaaZY‚[ZchZcV^hhZ°?¼V^‚i‚Y‚j
YjgZigV^iYZI]jgVb!^aVjgV^iejXdci^cjZgedjg
VeedgiZghdcZme‚g^ZcXZh¼^aedjkV^igZkZc^ghjghV
Y‚X^h^dc#H^a¼VaX]^b^ZZcigZaZhVcX^ZchZiaZhcdj"
kZVjmegZcY!XZiiZ‚fj^eZgZYZk^ZcYgVgZYdjiVWaZ°
6aaZo!_Zegdcdhi^fjZjcZeZi^iZk^Xid^gZYZaV;gVcXZ
XdcigZ>hgV…a!b„bZjceZi^i&|%b¼^gVigƒhW^Zc
edjgXdbbZcXZg°¯N
()
HDBB6>G:'( K:C9G:9>(H:EI:B7G:

%):C?:JMGwHJAI6IH &+A¼wKwC:B:CI$G:EÎG:H ');G::HINA:


HEDGI ;G:: 6II>IJ9: :HI 9>HIG>7Jw ²/  7^aVcYZh?#D#  8djeZYjbdcYZ  AVi„iZYVchaZh[_dgYh
7DG9:6JM!A>AA:!ANDC!B6GH:>AA:!
BDCIE:AA>:G!C6CI:H!C>8:!E6G>H$GE!  Ziegdcdhi^Xh  YZ[ddiWVaa  76H:_jbeZcCdgkƒ\Z
G:CC:H!HIG6H7DJG<:IIDJADJH:   wa^b^cVid^gZhedjg'%%+/
’ EdjgigdjkZgidjhaZhed^cihYZY^hig^Wji^dc/mmm$\h[[ifehj$\h
DeiYebfehj[khiiedj^WX_bbƒifWh
%+A¼wKwC:B:CI  aZ\gdjeZYZaV;gVcXZ '+DJI9DDG
 ;ddiWVaa/YVchaZheVh  AZhedgi!jc_ZjY¼Zc[Vci
Hedgi;gZZ6ii^ijYZ 8g‚Vi^dc/ 9^gZXiZjgXdbbZgX^VaZibVg`Zi^c\/  YZ9dbZcZX] &-8=6AA:C<:  FjZahhedgihX]d^h^g4
6cid^cZAV[[daVnAVWZ ;gVcd^hGdhh^\cda-.,,  A¼‚fj^eZYZ;gVcXZeVgi  @"8]VaaZc\Z
H^ƒ\ZhdX^Va/
&+"&-!gjZG^kVn.'(%%AZkVaad^h"EZggZi
EdlZgZYWn9Vidm
9^gZXi^dcVgi^hi^fjZ/
GZhedchVWaZbVg`Zi^c\/
BVg^Z7djgYdc-.,%  ZcgZXdcfj„iZVkZXhdc  A¼6bZg^XV¼h8je ('KDN6<:G
H6VjXVe^iVaYZ&'-)%%%æ
G8HCVciZggZ7)).%&..+,
EVhXVaAVgX]‚-.*-
BVfjZii^hiZh/
GZhedchVWaZYZhde‚gVi^dch/
;gVc`9jXgZi-.+-
 cdjkZVjh‚aZXi^dccZjg  bVYZ^c;gVcXZ  AVgdjZidjgcZ
I‚a#/%&)&',-.,. ;g‚Y‚g^fjZ<dgZ-.+% 8]Z[YZegd_ZiY^[[jh^dc/  8nXa^hbZ|K‚gdcZ
;Vm/%&),(,+-)) AVZi^i^V@VaV[Vi-.+& K^g\^c^Z8dhiZ-.,*
&'A¼wKwC:B:CI '%8=6AA:C<: 
LZW/lll#hedgi[gZZVii^ijYZ#Xdb
:bV^a/XdciVXi5hedgi[gZZVii^ijYZ#Xdb
HZXg‚iV^gZ\‚c‚gVaZ
YZg‚YVXi^dc/
8]Vg\‚ZYZXdbbjc^XVi^dc/
?ja^ZiiZEVhXVa-.++  'k^Xid^gZh![dgX‚bZci  ²8]Vci^aan! ()<A6BDJG
Eg^cX^eVjmVhhdX^‚hZi[dcYViZjgh/
7gjcd7gZidc!;gVcX^h?Vajodi!
;adgZcXZGdjXdaaZ-.*+
HZXg‚iV^gZYZg‚YVXi^dc/
EjWa^X^i‚/EjWa^XViG‚\^Z%&)%(.
c•edhiZ#K^g\^c^ZAVeaVXZ&(.%!  AZh7aZjhYd^kZci\V\cZg  aVXgƒbZYjedad  EVdaVEZood
;gVcd^hGdhh^\cda
Eg‚h^YZciZiY^gZXiZjgYZaV
=‚aƒcZ<gdc^Zg-.*,
8]Z[e]did/
6ccZ"8]g^hi^cZ8aZX¼]&(',!C^XdaVh
6cYgZVjai&(+(
 [VXZ|>hgV…a  Vj,ZX]Vbe^dccVi  KVbeidjiiZggV^c
 ZiVjmˆaZh;‚gd‚  YjbdcYZ
ejWa^XVi^dc/;gVcX^h?Vajodi-.,+
9^gZXiZjg\‚c‚gVaY‚a‚\j‚
6cVIZcdg^d"EdciZh-.+)
>Xdcd\gVe]Z/
;VWg^XVi^dc/6cc^X`Idggƒh9ZaiV
<gVe]^X!.'>hhn"aZh"Bdja^cZVjm (+BwBDHEDGI
|a‚Y^idg^Va/7gjcd7gZidc-.,-
G‚YVXiZjgZcX]Z[/
6aZm^hG‚Vj-.+(
DciXdaaVWdg‚|XZcjb‚gd/
>begZhh^dc/Fj‚W‚XdgH6!
,,))%BVgn"hjg"BVgcZ &)A¼wKwC:B:CI ''DBC>HEDGIH  6\ZcYV!h‚aZXi^dcb‚Y^Vh!
Da^k^ZgB^a]dbbZ-.,(
G‚YVXiZjghZcX]Z[VY_d^cih/
8]g^hide]Z6adchd!7Zcdˆi7VjbZ!GdcVc
;da\dVh!AVjgZcXZ<Va^VcV!G‚\^h<VhfjZi!
I^gV\Z/+%%%%%ZmZbeaV^gZh
9‚eiA‚\Va/|eVgji^dc
 AVY‚[ZchZ  A¼VXijVa^i‚ZcWgZ[!  b‚i‚dZicdjkZVji‚h
7gjcd8a‚bZciad^h^gh-.,& EVhXVaZB^hhdjY!EVhXVaGZcVjaYdc! C•>HHC/&,+)"&,*+  ZcgZXdchigjXi^dc  oddbhjgaVKjZaiV
AVjgZciAdj…ihedgi!‚k‚cZbZcih-.,'
8]Z[hYZhZgk^XZ/
hjeZgk^h‚eVg=j\jZh9Vc\n
GZbZgX^ZbZcih/
6Y]‚gZci|9^[[jh^dc8dcigaZZiVj8:HE
HedgihB‚Y^VhHigVi‚\^Z!'%%)  AZhcdjkZVjmk^hV\Zh  ZiaV<daYZcAZV\jZ (-E:DEA:
Hi‚e]VcZB‚_Vcƒhad^h^gh-.+,! B^X]Za7^cYZg!NVccAZ<j^aaVgY!
IdjiZgZegdYjXi^dcZi$djgZeg‚hZciVi^dcb„bZ
eVgi^ZaaZZhi^ciZgY^iZhVchaVjidg^hVi^dc‚Xg^iZ  YZh7aZjh  Y¼Vi]a‚i^hbZ  A¼VXijVa^i‚hedgiYZhhiVgh
A^dcZaKZaaVhedgi!‚k‚cZbZcih-.+' ;VW^ZccZE^Zigjh eg‚VaVWaZYZa‚Y^iZjg#

(H:EI:B7G:'%%)

PDF généré avec les logiciels Sowedoo


) GwHJAI6IHA6JG>:GH


;dgbjaZ&
<G6C9EG>M9:7:A<>FJ: 8A6HH:B:CI<wCwG6A9:HE>ADI:H 8A6HH:B:CI
9:H8DCHIGJ8I:JGH
6GG>Kw: EIH  EIH
))IDJGH &# B>8=6:AH8=JB68=:G;:GG6G> &'- &# ;:GG6G> '&+
&# @>B>Gt>@@yC:C;>C &=('¼(*º',) '# GJ7:CH76GG>8=:AAD;:GG6G> -- '# G:C6JAI .&
'# B>8=6:AH8=JB68=:G6AA ²(º&(' (# ?:CHDC7JIIDC76G"=DC96 +* (# 76G"=DC96 -(
)# ?6GCDIGJAA>G:C6JAI )+ )# L>AA>6BH"7BL *)
(# GJ7:CH76GG>8=:AAD7G: ²)º(,&
*# ;:GC6C9D6ADCHDG:C6JAI )* *# B8A6G:C"B:G8:9:H ).
)# ;:A>E:B6HH67G: ²&'º*%)
+# ?J6CE67ADBDCIDN6L>AA>6BH"7BL (- +# H6J7:G"E:IGDC6H> '-
*# <>6C86GAD;>H>8=:AA6>I6 ²&)º&%)
,# @>B>Gt>@@yC:CB8A6G:C"B:G8:9:H '- ,# ?6<J6G"8DHLDGI= &%
+# 8=G>HI>6C@A>:C6JI ²&)º+&) -# 96K>98DJAI=6G9B8A6G:C"B:G8:9:H '& -# IDNDI6 . 67H6ADC:CE6IGDC
,# 96K>98DJAI=6G9w8D ²&,º.,% .# <>6C86GAD;>H>8=:AA6H6J7:G"E:IGDC6H &- .# ?DG96C"8DHLDGI= * AV;gVcXZXdchZgkZaZi^igZdanbe^fjZ
-# DA>K>:GE6C>H;G6 ²&-º+.( I6@JB6H6ID76G"=DC96 &- &% B>C6G9>"8DHLDGI= & YZKIIgZbedgi‚Zc'%%%eVgB^\jZa
 BVgi^cZo\g}XZ|?ja^Zc6WhVadc#>chiVaa‚
AZ<gVcYEg^mYZ7Za\^fjZ!YZgZidjgVjXVaZcYg^ZgYZaV;dgbjaZ&!VhVXg‚B^X]VZaHX]jbVX]Zg/,Zi^igZYZX]Vbe^dcYjbdcYZedjgaZe^adiZ;ZggVg^Zi*ZY¼V[Äa‚Z#AZ®WVgdcgdj\Z¯
gZcigZ|_VbV^hYVchaZeVci]‚dcYjhedgiVjidbdW^aZ#AZ;^caVcYV^h@^b^G~^``ŽcZcBXAVgZc"BZgXZYZhgZbedgiZaVYZjm^ƒbZk^Xid^gZYZhVXVgg^ƒgZ# VjmVkVci"edhiZhYZaVXdjghZYZej^h
aZY‚eVgi!6WhVadch¼Zhih‚eVg‚YZhZh
XdbeV\cdchY¼‚X]Vee‚Z|'idjghYZ
a¼Vgg^k‚Z#>agZaƒ\jZa¼:heV\cda=Zgb^YVZi
;ddiWVaa Gj\Wn aZ=daaVcYV^h7gZci_Zch|eajhYZ&b^c#
JcZXdch‚XgVi^dcedjgaZ_ZjcZKdh\^Zc
A><J:&")Z?DJGCw: YZ')Vch!Y‚_|kV^cfjZjgYZaVXdjeZ
IDE&+·(Z?DJGCw:
YjbdcYZ'%%(YZXgdhh"Xdjcign#?ZVc"
B6GH:>AA:·B:IO &"( ANDC·A>AA: &"% 6<:C·7G>K: (&"'+ C6G7DCC:·E:GE><C6C &*"(*

7DA8>C6$9EE>"H>E6
8]g^hide]ZEZgVjYiZgb^cZ&&ZVadghfjZ
6JM:GG:·86:C &"% 7DG9:6JM·HD8=6JM '"% BDCIE:AA>:G·HI69:;G6Cv6>H )."'* 76NDCC:·BDCI;:GG6C9 ',"&. BVgi^cZoVVWVcYdcc‚#8]ZoaZh[ZbbZh!
A:CH·BDC68D &"& 686?688>D·G:CC:H &"& 7wO>:GH·IDJADJH: '-"'' <G:CD7A:·86HIG:H '-"'-
AVjgZcXZAZWdjX]ZgegZcYaV-ZeaVXZ#
C6CI:H·IDJADJH: '"' E6G>HH<·HI"wI>:CC: '"' E6J·7>6GG>IO &%"() 6J8=·7DJG<D>C &*"&.
C>8:·76HI>6 &"& HIG6H7DJG<·>HIG:H &"&
8A6HH:B:CI EIH 7 ? < C E EE E8 9>;
B:GG:I!IDJI:HKD>A:H9:=DGH
8A6HH:B:CI EIH ? < C E 7E 78 9>; AZhk‚a^eaVcX]^hiZh[gVcV^hViiZcYV^Zci
&#7>6GG>IO &) ' ( ( % % .) (* *.
&#B:IO &% ) ( & % , ( ) XZaVYZej^haVk^Xid^gZYZ;gVcX`9Vk^Y
'#E:GE><C6C &% ' ( ' % & -* +' '( Vjm?#D#YZ7VgXZadcZ!Zc&..'#<g}XZ
'#6JM:GG: . ) ( % & + ) '
(#7DJG<D>C &% ' ( ' % & ,) *& '( |;Vjhi^cZBZggZi!ZcXVi‚\dg^ZB^higVa!
(#A:CH - ) ' ' % + & *
)#6<:C &% % ( ' & % +' *) - aVeaVcX]Z|kd^aZ[gVcV^hZZhiYZ
)#IDJADJH: - ) ' ' % - ) )
*#BDCIE:AA>:G . & ( ' % & -( +. &)
cdjkZVjhjgaVeajh]VjiZbVgX]Z
*#76HI>6 - ) ' ' % * ( ' YjedY^jb#AV7gZhid^hZYZ'+Vch
+#ANDC - ) ' ' % ) ' ' +#7G>K: . & ( ' % & -' ,% &'
Xdc[^gbZ^X^hZhZmXZaaZcihg‚hjaiVih/
,#7DG9:6JM , ) ' & & , ' * ,#86HIG:H . & ( & ' % ,+ ,% + YZjm[d^hk^XZ"X]Vbe^dccZYjbdcYZ
-#B6GH:>AA: , ) ' & & + ) ' -#HI69:;G6Cv6>H - % ( ' % & .' ,+ &+ ..Zi%&!igd^h[d^hk^XZ"X]Vbe^dccZ
.#BDC68D , ) ' & & ) ( & .#<G:CD7A: , & ( & & & ,, ,( ) Y¼:jgdeZ..!%%Zi%(#®8ZiiZb‚YV^aaZ
&%#G:CC:H , ) ' & & * * % cZYZkgV^ieVhX]Vc\ZgbVk^Z!VcVanhZ"
B>AA:G:6J$9EE>"H>E6

&%#7wO>:GH * & ( & % ' ++ ,+ "&%


&&#86:C * ) & ' & ) ) % i"ZaaZ#7^Zch’g!^anVE‚`^cYVch
&&#IDJADJH: * & ( & % ' +' ,, "&* fjVigZVchbV^hY¼^X^a|!^aeZjihZ
&'#HD8=6JM ) ) & & ' ( * "'
&(#A>AA: ) ) & & ' ' ) "' &'#76NDCC: * & ( & % ' +( -* "'' eVhhZgWZVjXdjeYZX]dhZh###¯
&)#E6G>H"H< ' ) % ' ' + - "' &(#C6G7DCC: * & ( & % ' *' ,) "''
I67A:6J9:HBw96>AA:HE6GE6NH
&*#C6CI:H ' ) % ' ' ( * "' &)#E6J ) % ( & % ' ** -( "'-
&+#>HIG:H ' ) % ' ' ( + "( &*#6J8= ' ' ( % % ( )' ,- "(+ D 6 7 I
&,#HIG6H7DJG< ' ) % ' ' ) - ") &+#BDCI;:GG6C9 % % ( % % ( )- -% "('
&#wI6IH"JC>H (* (. '. &%(
&-#H6>CI"wI>:CC: ' ) % ' ' ( , ")  '#8=>C: (' &, &) +(
&.#C>8: ' ) % ' ' ( - "* EIH/Ed^cihYZXaVhhZbZci07/7dcjh0?/BViX]Zh_dj‚h0</BViX]Zh\V\c‚h0C/BViX]Zh (#GJHH>: ', (, (- .'
'%#686?688>D & ) % & ( ' * "( cjah0E/BViX]ZheZgYjh0EE/Ed^cihbVgfj‚h0E8/Ed^cihZcXV^hh‚h09>;/Y^[[‚gZcXZ# )#6JHIG6A>: &, &+ &+ ).
Ed^ciYZXaVhhZbZci/aVk^Xid^gZkVji)eih0AZbViX]cjakVji'eih0AVY‚[V^iZkVji%ei# *#?6EDC &+ . &' (,
Ed^ciWdcjh/&eiWdcjhZhiViig^Wj‚|jcZ‚fj^eZ^chXg^kVci)ZhhV^hVjbd^ch0
AZ;8BZioegZcYaVi„iZYjX]Vbe^dccViVjW‚c‚ÄXZY¼jcZk^Xid^gZhjgeg^hZ|BVghZ^aaZ &eiWdcjhZhiViig^Wj‚|jcZ‚fj^eZeZgYVciYZ,eihbVm^bjb# +#6AA:B6<C: &) &+ &- )-
&"(Zi6jmZggZhZ\a^hhZ|aVhZXdcYZeaVXZ\g}XZ|jcWjiYVchaZhVgg„ihYZ_Zjk^Xid^gZ Gƒ\aZbZci/aZh‚fj^eZhXaVhh‚Zh&!'!(Zi)Y^hejiZgdciYZhYZb^"ÄcVaZh0aZh‚fj^eZh ,#;G6C8: && . &( ((
&"%[VXZ|8VZc#EVg^hhiV\cZZcWVhYZXaVhhZbZciVegƒhaZcjaXdcX‚Y‚|Ydb^X^aZ XaVhh‚Zh&)!&*Zi&+hZgdcigZa‚\j‚Zh0a¼‚fj^eZXaVhh‚Z&(ZY^hejiZgVjcbViX]YZ -#>I6A>: &% && && ('
XdcigZHi"wi^ZccZ'"'# bV^ci^ZcXdcigZaZkV^cfjZjgYZaVÄcVaZYZEgd9'# .#8DGw:9JHJ9 . &' . (%
&%#<G6C9:"7G:I6<C: . . &' (%

ADID;DDI,&* A:7>A6C9:HBw96>AA:H;G6Cv6>H:HE6GHEDGI
D 6 7 I
AZhegdcdhi^XhYZ G‚hjaiVihZi\V^ch &#:H8G>B: ( & ' +
K6A>96I>DC?JHFJ¼6J)$%.$'%%)&.])* G6EEDGIHC•(, '#86CDÎ '  & (
A6;G6Cv6>H:9:H?:JM
& 
>CCDK::CEGDEDH6CI
& BDC68D HIG6H7DJG< & C
 '' & 6?688>D G:CC:H C '
&& CC ''
(#C6I6I>DC & ' ( +

9wHDGB6>H
' G:CC:H ANDC & C
 ' ' 6JM:GG: 86:C

)#6K>GDC & & '
9:JM<G>AA:H:CJC:#
(
)
6HHI"wI>:CC:
B:IO
C6CI:H
7DG9:6JM
& C
& C
 ' (
)
A:CH
ANDC
BDC68D
A>AA: && CC ''
*#KD>A:
+#wFJ>I6I>DC
&
&
& '
&
A6EG:B>ÏG:<G>AA: * A>AA: C>8: & C  '' * B6GH:>AA: B:IO
& 
 ,#<NBC6HI>FJ: & &
8DBEDHw:9:HB6I8=:H + 86:C A:CH & C  ' + C6CI:H IDJADJH: C '
&  & &
CJBwGDIwH ,
-
HD8=6JM
>HIG:H
B6GH:>AA:
E6G>HH<
& C
& C
 ' ,
-
E6G>HH<
HIG6H7DJG<
6HHI"wI>:CC:
>HIG:H & 
C '
C '
-#KII
.#8N8A>HB:  & & '
9:&²,:HI<6<C6CI:²
E6GI>G9:+7DCH
. IDJADJH: 6?688>D & C  ' . 7DAIDC A>K:GEDDA && CC '' &%#I6:@LDC9D & & '
EGDCDHI>8H#
&% B>A6C68 A>KDJGC: & C  '' &% :HE#76G8:ADC: 9:E#8DGD<C:  &&#?J9D & &
&& 7G:H8>6 ?JK:CIJHIJG>C & C
 && 6IA#B69G>9 B6A6<6 & CC '' &'#I:CC>H & &
A6H:8DC9:<G>AA:8DBEDHw:
9:HB6I8=:HCJBwGDIwH
&'
&(
6HGDB:
7:I>HHwK>AA:
;>DG:CI>C6
:HE76G8:ADC:
& C
& C
  '' &'
&(
G#H6CI6C9:G
G:6AB6?DGFJ:
;876G8:ADC:
G:6AB69G>9 & C 
' &(#7DM: & &
&)#6I=AwI>HB: ' '
9:&²&*:HI<6<C6CI: &) 9:E8DGD<C: DH6HJC6 & C  ' ' '
²E6GI>G9:&'7DCH
EGDCDHI>8H#
&* G:6AB69G>9 CJB6C8>6 & C  ' &+#AJII:A>7G:
IDI6A && . &( ((
&(EGDCDHI>8H &'EGDCDHI>8H &&EGDCDHI>8H &%EGDCDHI>8H
CJBwGD
E68IDA: , & ('%.%*!%%æ &'( '&.+!*%æ '&,) .,!+%æ &.&(% +!)%æ
A¼dgYgZeg^k^a‚\^ZaZcdbWgZYZb‚YV^aaZhY¼dgVjcdbWgZidiVaYZb‚YV^aaZh#
D/dg06/Vg\Zci07/WgdcoZ0I/IdiVa

(H:EI:B7G:'%%)

PDF généré avec les logiciels Sowedoo


IDJIHJGHEDGI
CDJK:A:heVXZ8dgedgViZ

Eajhg^X]Zeajh^ciZaa^\Zcieajhh^beaZ
EajhHedgi

A : B 6 < 6 O > C : H E D G I ; G : : 6I I > I J 9 :


L L L# ; G : : H E D G I# ; G

lll#[gZZhedgi#[g
PDF généré avec les logiciels Sowedoo
+ A¼wKwC:B:CI;DDI76AA
G:EDGI6<:E=DID;G6C8@H:<J>C$9:69A>C:$HEDGI

96CHA:HE6H
(H:EI:B7G:'%%)

PDF généré avec les logiciels Sowedoo


IDJIHJGHEDGI
CDJK:A:heVXZ8dgedgViZ

Eajhg^X]Zeajh^ciZaa^\Zcieajhh^beaZ
EajhHedgi

A : B 6 < 6 O > C : H E D G I ; G : : 6I I > I J 9 :


L L L# ; G : : H E D G I# ; G

lll#[gZZhedgi#[g
PDF généré avec les logiciels Sowedoo
- A¼wKwC:B:CI;DDI76AA

&'$%- &'$%- &'$%- &)$%-

&)$%-

&)$%- &)$%-

9DB:C:8=¹BDC:BEA
AZY^hXdjghYjcdjkZVjh‚aZXi^dccZjgZhihVchVbW^\j‰i‚!idjiYd^iX]Vc\ZgX]ZoaZh7aZjh/
gZhedchVW^a^i‚^cY^k^YjZaaZ!YZkd^gXdaaZXi^[!bZciVa^i‚###A¼^ci‚g„icVi^dcVaZhiZc_Zj#

JC:CDJK:AA:9DCC: Y¼:jgdeZ!X¼ZhiaV<gƒXZ#8¼ZhiaVaZdcfj¼^a[Vji 8ZaVh¼Zhi[V^ieZi^i|eZi^i#AZXZgXaZh¼ZhigZ[Zgb‚


®A¼‚X]ZXYZa¼:jgd'%%)!_Za¼V^k‚XjXdbbZjc gZiZc^g#CdjhcZhdbbZheajhX]Vbe^dchYZg^Zc# VjidjgY¼Zjm#>ahcZkd^ZcieVhXZfj^hZeVhhZ
heZXiViZjg#9Zad^c#8dbbZidjiaZbdcYZ#6kZX DcgZeVgiVkZXjcZ‚fj^eZfj^gZhiZhjgYZjm YZ]dgh#6j_djgY¼]j^!dcVidji|gZXdchigj^gZ#
jcZkgV^ZY‚XZei^dc#8dbbZcijcZiZaaZ‚fj^eZ!fj^ ‚X]ZXh/hedgi^[ZiV[[ZXi^[#AZh\ZchdciZjaZ AZh_djZjghc¼dciVjXjchiViji#H^XZc¼ZhiXZaj^
VkV^iaV^hh‚ZcigZkd^gY¼Vjhh^WZaaZhegdbZhhZh!V"i" hZci^bZcifjZaZh_djZjghaZhVkV^ZciVWVcYdcc‚h! YZ_djZjgYZ]Vjic^kZVj#>ahdciidji|egdjkZg#
ZaaZejeVhhZg|igVkZgh46j_djgY¼]j^!aZX]Vbe^dc a}X]‚h#AZejWa^Xh¼ZhihZci^igV]^VkZXXZiiZ‚fj^eZ
YZ;gVcXZ#>anVZjjcY‚XVaV\ZZcigZXZfj¼^ahdci JC:CDJK:AA:ÏG:
Xgjd[[g^gZiXZfjZaZejWa^XVgZhhZci^#A¼jcYZhbZh ?Zhj^h!fjZafjZeVgi!Y‚eZcYVciYZh_djZjghfj^
egZb^ZghX]Vci^ZghZhiYZgVbZcZgaZh_djZjgh|aV kdci„igZa|#CdiVbbZciaZhXVYgZh#EVig^X`K^Z^gV!
g‚Va^i‚/¹kdjhkdjh„iZh^ckZhi^h!kdjhVkZoZjaZ X¼ZhiaZeajh\gVcY#EVgaViV^aaZZieVga¼Zme‚g^ZcXZ#
hZci^bZciY¼Vkd^gW^ZcWdhh‚!Y¼Vkd^gidjiYdcc‚! >aZhi^bedgiVciYVchaZ_Zj#>aVjcZigƒh[dgiZ
bV^hkd^a|XdbbZciXZaVh¼ZhiigVYj^ihjgaZ eZghdccVa^i‚#>aeZji„igZaZgZaV^hZcigZbd^ZiaZh
iZggV^c#ºH¼^ahcZegZccZcieVhXdchX^ZcXZYZaV _djZjghhjgaZiZggV^c#I]^Zggn=Zcgn4?ZaZXdccV^h
g‚Va^i‚fj¼^ahdciigVYj^iZ!dcgZeVgihjgaZhb„bZh YZej^haZh:hed^gh#>aZhiXVeVWaZY¼„igZjckgV^
WVhZh#HjgjccdjkZa‚X]ZX#8¼ZhijcZkgV^ZeaV^Z# aZVYZg#8dcXZgcVci;VW^Zc7Vgi]Zo!_Zc¼V^eVhaZ
A¼^Y‚Z!X¼ZhiV#BV^ciZcVci!^a[VjigZkd^gidjiZh hZci^bZcifj¼^aV^i‚b^hjcYdjiZhjga¼VkZc^g#
aZhXdcY^i^dchYVchaZhfjZaaZhaZh_djZjgh‚iV^Zci ²GZccZh!edjgaZbViX]XdcigZaV7dhc^ZPcYag/
^chiVaa‚h#DcVXdchigj^iVjidjgY¼ZjmidjiZjcZ &-Vd’i!&"&R!^aVb„bZY‚eVhh‚aZgaZfj^‚iV^iaZ
WVgg^ƒgZYZeg^k^aƒ\Zh!Y¼Vb‚cV\ZbZcihfj^aZh h^ZcVjeVgVkVci#?Za¼V^kjY^hXjiZgVkZXaZh_ZjcZh!
[ZgbZciYjbdcYZZifj^aZh^chiVaaZciYVchjc aZhbZiigZZcXdcÃVcXZ#G^ZccZYZkgV^iX]Vc\Zg#:c
&+$%- XZgiV^cXdc[dgi#BV^h^ahcZhdcieVhgZhedchVWaZh# idjiXVh!aVcdjkZaaZYdccZcZXdcY^i^dccZeVhhdc

(H:EI:B7G:'%%)

PDF généré avec les logiciels Sowedoo


.
?ZjY^&'Vd’i#EVg^h!).!
VkZcjZY¼>‚cV#8dc[‚gZcXZ
YZegZhhZ#9‚XdcigVXi‚!
aZh‚aZXi^dccZjgcVi^dcVa
^ccdkZ#8¼Zhia¼]ZjgZYZh
hjgeg^hZh#EdjgV[[gdciZgaV
7dhc^ZZcVb^XVa|GZccZh!
^aXdckdfjZ-cdjkZVjm
_djZjgh#
HVbZY^&)Vd’i#KdnV\Z
|AdcYgZhZc:jgdhiVg#
9dbZcZX]gZcXdcigZ
a¼VcX^ZceVigdcYZh7aZjh!
?VXfjZhHVci^c^!YZkZcj
ZcigVˆcZjgYZIdiiZc]Vb#
8ZYZgc^Zg!hVchYdccZg
aVbd^cYgZZmea^XVi^dc!
gZ[jhZgVY¼„igZeg^hZc
e]didVkZXaj^#
9^bVcX]Z&*Vd’i#>ck^i‚
Y¼]dccZjgYZI‚a‚[ddi!
GVnbdcY9dbZcZX]
‚XdjiZ!eVg[d^hVbjh‚!
hdjkZcihdc\Zjg!O^cZY^cZ
O^YVcZgZcdcXZg
Y‚[^c^i^kZbZci|a¼‚fj^eZ
YZ;gVcXZ#
AjcY^&+Vji#EgZb^Zgh
&*$%- &*$%-
Vjid\gVe]ZhZc\VgZYZ
GZccZh#GVhhZbWa‚Z|
a¼]iZaDX‚Vc^V!|HV^ci"
<g‚\d^gZZcWVh!|\#VkZX
7gjcdBVgi^c^!a¼ZcigVˆcZjg
YZh\VgY^Zch!aVh‚aZXi^dc
[gVcV^hZ!9_^Wg^a8^hh‚Zc
i„iZ!h¼ZcigVˆcZigd^hfjVgih
Y¼]ZjgZaZbVgY^hdjha¼¶^a
ViiZci^[YZGVnbdcY
9dbZcZX]#I]^Zggn=Zcgn
Zhia¼jcYZheajhVhh^Yjh
Vjm_dc\aV\Zh###

&+$%- &+$%- &+$%- &+$%-

ADN:JG!8¼:HIA6;G6C8:º
bdgVa#>a[Vjifj¼^adjWa^ZaZeVhh‚#Fj¼^agZeVgiZVkZX fjVa^ÃZgedjgaV8djeZYjbdcYZ'%%+#H^idjiaZ [V^gZeVhhZgVjm\Zchfj^aZhgZ\VgYZci#FjZa¼^bV\Z
idjiXZfj^ZhicdjkZVj#>acZb¼VeVhbdcig‚YZ bdcYZVY]ƒgZ|XZegd_Zi!^ac¼nVjgVeVhYZhdjX^# fj^igVche^gZ[VXZ|YZhb^aa^dchYZ\Zchhd^i
hdjX^eVgi^Xja^Zg#>aVhhjbZhdcgaZ|aVeZg[ZXi^dc# BV^hVcZhZgVeVh[VX^aZ# idj_djghedh^i^kZ#?Zhj^hgZhi‚dcoZVch|aVi„iZYZ
>I>CwG6>G:
O^YVcZ47^Zch’g!_ZgZ\gZiiZfjZO^cZY^cZV^i a¼‚fj^eZYZ;gVcXZ:hed^ghPcYag/&Zg_j^aaZi&..(" G6NBDC99DB:C:8=
X]d^h^Y¼Vgg„iZgVkZXaZh7aZjh#8dbbZaVeajeVgi JC:CDJK:AA:B:CI6A>Iw (%_j^c'%%)R#?¼V^Xgd^h‚WZVjXdjeY¼^ciZgcVi^dcVjm# C‚aZ')_Vck^Zg&.*'|Andc
YZh;gVcV^hY¼V^aaZjgh#>aV‚Xdji‚bZhVg\jbZcih! ?ZkZjm[V^gZegZcYgZXdchX^ZcXZVjm_djZjghYZaV ?ZhV^hY‚_|XdbbZci^ah[dcXi^dccZci#?ZaZhV^kjh 8Vgg^ƒgZ_djZjg/Da#andccV^h
&.,%",,!G8HigVhWdjg\
^aVg‚Ä‚X]^#EaVXZVjm_ZjcZh!hZadcaj^# g‚Va^i‚hedgi^kZ!‚Xdcdb^fjZZiV[[ZXi^kZYZaZjg |jcbdbZcid‘^ah‚iV^ZciZcigV^cYZ\gVcY^g#
&.,,"-&!EVg^h"H<&.-&"-'!
?¼VXXZeiZhdcX]d^m# [dcXi^dcZc‚fj^eZYZ;gVcXZ#FjZafj¼jcfj^Zhi BV^ciZcVci!^ahhdci\gVcYh#AZhWVhZhhdcia|#
<^gdcY^ch7dgYZVjm&.-'"-)!
Bdc^Y‚ZZhiY‚hdgbV^hY¼VbZcZgXZgiV^ch_djZjgh VeeZa‚|edgiZgaZbV^aadicVi^dcVac¼ZhieVhjcZ ?ZhV^hXdbbZci^ahhdciYVchaVk^ZXdjgVciZ!
;8Bja]djhZ&.-)"-*
|[gVcX]^gaZ[dhh‚ZcigZYZhbViX]ZhYZA^\jZYZh Zci^i‚jc^fjZ#>ac¼ZhieVha|idjihZjaZchZY^hVci/ YVchaZhbViX]Zh!XdbbZci^a[VjiaZhVWdgYZg!
EVabVgƒh_djZjg/X]Vbe^dc
X]Vbe^dchdjYZa¼‚fj^eZYZ;gVcXZ:hed^ghVkZX ¹_¼VeedgiZbZhfjVa^i‚h!bdciVaZciZi_Z[V^hbdc aZhZggZjgh|cZeVhXdbbZiigZVkZXZjm!
YZ;gVcXZ&.,.!-)!XdjeZYZ
aZhbViX]ZhZc6#>anVXZjmfj^hZgdciXVeVWaZhYZ igjX!aZhbV^chYVchaZhedX]Zh!YVchbdcXd^c#º aVbVc^ƒgZYZgZcigZgZcXdciVXiVkZXZjm#
;gVcXZ&.,(!-'
aZXdbWaZgVhhZok^iZ!ZiaZhVjigZh!fj^c¼n Dj^!^anVYZhVkVciV\Zh|kZc^g_djZgVkZXaZh7aZjh ?ZbZWVhZhjgXZfjZ_ZeZchZaZjgVkd^gigVchb^h#
H‚aZXi^dch‚fj^eZYZ
Vgg^kZgdci_VbV^h#>ac¼nVfjZaVegVi^fjZfj^eZji bV^h^anVVjhh^YZhdWa^\Vi^dch!YZhYZkd^gh#EVhYZ BV^ciZcVci!Zhi"XZjceajhedjgZjmYZb¼Vkd^g ;gVcXZ/-!ZcigZ&.,(Zi&.,.#
cdjh‚XaV^gZghjgXZhj_Zi#IZciZgYZhX]dhZh!kd^g hiViji‚iVWa^#?ZkZjm[V^gZ‚XaViZgXZiiZWjaaZYVch Xdccj48ZgiV^chkdjhg‚edcYgdcieVga¼V[ÃgbVi^kZ! :cigVˆcZjg/;8Bja]djhZ$9'
YZhhX]‚bVhiVXi^fjZh!YZhdg\Vc^hVi^dchYZ_Zj aVfjZaaZaZh\Vghh¼‚iV^Zci^chiVaa‚h#DccZeZjieVh Y¼VjigZheVgaVc‚\Vi^kZ# &.-)"--!Danbe^fjZandccV^h$
edjghVkd^g°DckVeZgYgZYZhbViX]Zh#BV^hYVch Y^gZ/¹?Zhj^hZc‚fj^eZYZ;gVcXZZiXZfj^hZeVhhZ 9'!ej^h9&&.--".(
XZXVh"a|!_ZkZjmfj¼^ac¼nV^iVjXjcgZ\gZi#?ZkZjm Vjidjg!_Zb¼Zc[djh#ºAZhXdch‚fjZcXZhYZaZjg A6K>::C8DAA:8I>K>Iw H‚aZXi^dccZjgYZa¼‚fj^eZYZ
fjZaZh\VghhZY^hZcifj¼^ahdciidjiYdcc‚Zifj¼dc XdbedgiZbZciZiYZaZjghg‚hjaiVihdciYZh AVÃZgi‚!X¼Zhieg^bdgY^Va#>anVjcdW_ZXi^[XdaaZXi^[ ;gVcXZZhed^gh&$%,$&..("
ZhiidbW‚hjgeajh[dgi#FjZaZejWa^Xc¼V^ieajh ^cX^YZcXZhhjgaZh\Vb^chYZ,VchbV^hVjhh^hjg fj^k‚]^XjaZYZhkVaZjgh#EdjgnVgg^kZg!^anVYZh (%$%+$'%%)!YZa¼‚fj^eZYZ
VjXjcYdjiZhjgaZjg^ckZhi^hhZbZci#Bdc aZheVgZcihfj^ZbbƒcZgdciaZjgh\dhhZhh¼^chXg^gZ YZkd^gh#8ZaVeVhhZeVgaVk^ZZcXdaaZXi^k^i‚!YZh ;gVcXZYZej^haZ&'$%,$'%%)
ZbeadnZjg!X¼ZhiaV;gVcXZ#H^dckd^ifjZa¼‚fj^eZ YVchjcXajW#?¼V^kjZc8dg‚Z!Zc'%%'!Vegƒh gƒ\aZheg‚X^hZhYVchaZ_Zj#?ZkZjmaZhbZiigZ EVabVgƒhZcigVˆcZjg/
YZ;gVcXZegd\gZhhZZifj¼ZaaZc¼ZhieVhZcigV^cYZ a¼‚a^b^cVi^dcXdcigZaZ9VcZbVg`!YZhbZXhg^\daZg! YZkVciaZjghgZhedchVW^a^i‚h#EVhh^beaZbZciYj X]Vbe^dcYZ;gVcXZ9'&.-.
bdjg^gigVcfj^aaZbZci!XZhZgVY‚_|VYZ\V\c‚#H^ fj^i‚a‚e]dcV^ZcihjgaZjgedgiVWaZ!XdbbZh^g^Zc g‚hjaiVi#BV^hVjhh^YZhkVaZjghfj¼^ahigVchbZiiZci# Andc
dccZhZfjVa^ÃZeVh!^anVjgVjcZ‚X]‚VcXZ#8¼Zhi cZh¼‚iV^ieVhh‚#8¼ZhiaVeg^hZYZXdchX^ZcXZfjZ >ahdcijcZkgV^Zb^hh^dcYZhdjiZc^gaZhedgifj^aZh EVabVgƒhh‚aZXi^dccZjg/
h’g#BV^hZceVgiVcihjgaZhWVhZhfjZ_Zk^ZchYZ _¼ZhhV^Z_jhiZbZciY¼^chiVaaZgYVchXZiiZcdjkZaaZ V[V^ih#JcZ‚fj^eZfj^Zhidg\Vc^h‚Z!fj^eVgihjg kV^cfjZjgYjIdjgcd^Zhed^gh
a^kgZg!VkZXaZh_djZjghfjZcdjhVkdch!dckVhZ ‚fj^eZ#>ahYd^kZciVkd^gjcbZhhV\Z!jcgZaV^h| YZhWVhZhh^beaZh!XaV^gZh!Y‚Ãc^Zh!ZaaZaZhZgV YZIdjadc'%%)

(H:EI:B7G:'%%)

PDF généré avec les logiciels Sowedoo


&% A¼wKwC:B:CI;DDI76AA
BZgXgZY^&-Vd’i#
;gVcXZ"7dhc^Z#8dbbZ
hZheg‚Y‚XZhhZjgh!X¼Zhi
YZWdjifjZGVnbdcY
9dbZcZX]Y‚X^YZYZhj^kgZ
aVgZcXdcigZ#8ZaaZ"X^
Y‚bVggZeajiiW^Zcedjg
aZh7aZjh!fj^bVgfjZci
gVe^YZbZci#AVegZb^ƒgZ
YZb^"]ZjgZZhi
^ci‚gZhhVciZ#AVhj^iZ!
WZVjXdjebd^ch#²aVb^"
iZbeh!aZh‚aZXi^dccZjg
cVi^dcVaX]Vc\ZYZ
iVXi^fjZ#HjgaZiZggV^c!
&-$%- &-$%- &-$%- &-$%- ^ak^ZciY^hi^aaZghZh
XdchZ^ahVjm_djZjghfj^
kdciZcigZg/<^kZi!E^gƒh!
8^hh‚!<dkdj#HVchhjXXƒh#
®8¼ZhiZchZXdcYZe‚g^dYZ
fjZcdjhVkdch‚i‚b^haZ
eajhY^[[^Xjai‚¯!aVcXZgV"
i"^aVjm_djgcVa^hiZh
VegƒhaVgZcXdcigZ#
8dchX^ZcifjZaZiZbeh
egZhhZVkVciaVYdjWaZ
Xdc[gdciVi^dcYjY‚Wji
hZeiZbWgZ!9dbZcZX]
g‚jc^iYƒhaZaZcYZbV^c
hdchiV[[YVchaZI<Kfj^
gVbƒcZaZ\gdjeZkZgh
EVg^h#®?ZhV^hd‘_ZkV^h!
XdcXaji"^a#AZh_djZjghdci
Xdbeg^hfj¼jcZeV\Zh¼Zhi
idjgc‚ZZc‚fj^eZ
YZ;gVcXZ¯

&-$%- &-$%-

YVchaVk^ZYZidjhaZh_djgh#>anVXZjmfj^gZhiZgdci bZ^aaZjgh_djZjgh#>anVjgVYZigƒhWdchViiVfjVcih gZ\VgYZciYZhXVhhZiiZhYZbViX]Zh!^ahcZ


YVchXZXVYgZ#:iej^h^anVjgVaZhVjigZh#8Zjmfj^ ‚kdajVciYVchaZhbZ^aaZjghX]Vbe^dccVih Wdj\ZcieVh!^ah^bV\^cZciaZbViX]°H^_Z[V^hV!
eZchZgdcifj¼^ahhdcieajh^bedgiVcihfjZa¼‚fj^eZ# Zjgde‚Zchfj^cZ_djZgdcieVh#Hd^i^aha¼VXXZeiZci! _ZbZjghY¼Vhe]nm^ZZcYZjmbd^h#?¼ZcV^eg^h
:ia|!^a[VjYgVigVcX]Zg#AZhhiVghcZb¼^cfj^ƒiZci hd^iX¼ZhibdgiedjgZjm# XdchX^ZcXZfjVcY_Zhj^hYZkZcjh‚aZXi^dccZjg
eVh#8Zc¼ZhieVhaZhWdch_djZjghfj^hdci!|XZ ?ZkZjm„igZegƒhY¼Zjm!hjgaZiZggV^c#EgZcYgZaZh cVi^dcVa#6kVci!ZciVcifj¼ZcigVˆcZjgYZXajW!
c^kZVj"a|!aZheajhYVc\ZgZjm° X]dhZhZcbV^ch#FjVcYdcV|hVY^hedh^i^dcigd^h _¼‚iV^hdWijh#
VY_d^cih!dcVZck^ZfjZafjZeVgiYZaZhdXXjeZg#:c
JC:CIG6ÑC:JG>CIG6CH><:6CI cZegZcVcifj¼jcVY_d^ciPcYag/E^ZggZBVc`dlh`^R! JC9DB:C:8=CDJK:6J
FjVcY_¼VjgV^X^cfViiVfjVcih!idjhVjhh^Zc[dgbZ _Zhj^hdWa^\‚YZ[V^gZjcZeVgieajh^bedgiVciZYZ ?¼V^X]Vc\‚#BVa\g‚bZh*'Vch#?ZbZhj^hgZcYj
aZhjchfjZaZhVjigZh!_ZYZkgV^W^Zc[V^gZjcX]d^m igVkV^a#?ZbZihZceaVXZaZ_Zj!aZ\gdjeZ#?ZkZjm XdbeiZfjZbdc[dcXi^dccZbZciVbZcV^ihdjkZci
Zi[V^gZ_djZgaZhYZjmbZ^aaZjgh#>anZcVjgVYZjmdj fjZa¼dc_djZXdbbZV°?Zhj^hXg‚Y^WaZ#ËigZ| YZh]Zjgih!YZhdeedh^i^dch#?Z_djV^hbdc
igd^hhjgaZWVcX#>ahhZgdciW^ZcdWa^\‚hYZaZ a¼^ci‚g^Zjg!VeZgbZiYZ\‚gZgidjhaZhXVh#:iej^h! eZghdccV\ZYZegdkdXViZjg#B„bZh^XZaVVaaV^i
XdbegZcYgZ!h^cdcXZaVkZjiY^gZfj¼^ahhZhZciZci _ZcZhV^heVh„igZYZ]dgh!hVchg^ZcY^gZ#?¼V^ XdcigZbZh^ci‚g„ih#:c'%%'!VegƒhaZY‚eVgiYZ
eajh^bedgiVcihfjZa¼‚fj^eZ#A¼‚fj^eZ!X¼Zhijc a¼^begZhh^dcYZcZhZgk^g|g^Zc#9ZcZeajhVkd^gYZ Gd\ZgAZbZggZ!_¼VkV^haZegdÃaeVg[V^iYj
‚fj^a^WgZZidccZ[V^ieVhidj_djgh_djZgaZh XdciVXihVkZXaZh_djZjgh# h‚aZXi^dccZjgfj¼dcgZX]ZgX]V^i#²a¼Vgg^k‚Z!XZc¼Zhi
eVhbd^fj¼dcX]d^h^i#?ZbZhj^hedh‚VadghaV
9:H>9w:HBD9:GC:H fjZhi^dc#?ZbZhj^hgZcYj|a¼‚k^YZcXZ#?Z
?Zhj^hjc]dbbZejWa^X#BV^ha¼ZhhZci^Za!X¼ZhiaV egdkdfjZYZh^c^b^i^‚h!XdbbZV!hVch
k^Z^ciZgcZYj\gdjeZ#?ZcZkdjYgV^heVhfjZa¼dc [dcYZbZcih#8ZaVhZigVYj^ieVgjcZVii^ijYZ!jc
b¼VhhdX^Zjc^fjZbZciYVchXZiiZXVeVX^i‚| hdjg^gZ#:cXaVhhZ!eajh_ZjcZ!Vb¼Vgg^kV^iY‚_|
Xdbbjc^fjZg#IgVchbZiigZYZh^Y‚Zh!X¼Zhi [g‚fjZbbZci#?¼‚iV^h^chdaZci#HjgbZhXVgcZih!
^bedgiVci#BV^hXZc¼ZhieVhZhhZci^Za#6^b‚ X¼‚iV^ijcbdifj^gZkZcV^ihdjkZciYVchaZh
?VXfjZi!Gd\ZgAZbZggZZi?VXfjZhHVci^c^!XZ Veeg‚X^Vi^dchYZhegd[ZhhZjgh#Jchdjg^gZ^gdc^fjZ!
c¼‚iV^ieVhaZjgiVhhZYZi]‚YZXdbbjc^fjZg#BV^h jcZgZbVgfjZ|aVX##!_jhiZedjg[V^gZa¼^ci‚gZhhVci#
^ahVkV^ZciY¼VjigZhfjVa^i‚h#²X]d^h^g!_Zeg‚[‚gZgV^h Edjg„igZXZaj^fj^‚iV^iXVeVWaZYZiZc^gi„iZVj
Vkd^gaZhg‚hjaiVihY¼6^b‚djYZGd\ZgZicZeVh egd[#?ZbZhj^hY^i/¹^a[VjiVgg„iZg#8ZaVcZhZgi|
Xdbbjc^fjZg#BV^ciZcVci!h^dceZji[V^gZaZhYZjm! g^Zc#B„bZbd^!_ZbZY^hV^hfjZVc¼VkV^ieVhYZ
X¼ZhiZcXdgZb^Zjm# hZchYZbZ[}X]ZgVkZXfjZafj¼jc#º8¼ZhiedjgXZaV
?ZcZhj^heVhjch‚aZXi^dccZjg')]ZjgZhhjg')# hVchYdjiZfjZ_Zhj^hVj_djgY¼]j^|aVi„iZYZ
?¼V^YZhbdbZcihd‘_Z[V^hVjigZX]dhZ#>anZcV a¼‚fj^eZYZ;gVcXZ#?¼V^^ci‚\g‚idjiXZaV#¯N
fj^dciWZhd^cY¼„igZZc^bbZgh^dcidiVaZ#Bd^!_Z
hj^heajiiYVje]^c#?¼V^bZW^ZcVaaZggZhe^gZg|aV FHEFEIH;9K;?BB?IF7H8HKDE9B;C;DJ"
B7KH;DJBEKÎJ;JB?ED;BL;BB7
&-$%- hjg[VXZ#>anZcVfj^gZcigZciX]ZoZjm!fj^ H;FEHJ7=;F>EJE<H7D9AI;=K?D

(H:EI:B7G:'%%)

PDF généré avec les logiciels Sowedoo


CDJK:6J<G6IJ>I
Hjglll#[gZZhedgi#[gX]VfjZhZbV^cZ
9ZcdjkZaaZhgjWg^fjZh#
8¼ZhiW^ZcZiX¼ZhieVhX]Zg

A : B 6 < 6 O > C : H E D G I ; G : : 6I I > I J 9 :


L L L# ; G : : H E D G I# ; G

lll#[gZZhedgi#[g

PDF généré avec les logiciels Sowedoo


&' A¼wKwC:B:CI;DDI76AA

¹A¼^Y‚Va
hZgV^iYZ[V^gZ
XVgidceaZ^c/
;G6C8@H:<J>C$9:69A>C:$HEDGI

+ed^cihº

'K>8ID>G:H!;DG8wB:CI
EdjgY‚WjiZg^Y‚VaZbZcihVXVbeV\cZYVchaZh‚a^b^cVid^gZhYZaV8djeZYj GVnbdcY9dbZcZX]#8¼ZhiYVchaVkdadci‚YZXZiiZ
‚fj^eZY¼„igZXVeVWaZYZ_djZg|(!)dj*ZcY‚[ZchZ
bdcYZ'%%+!aV;gVcXZYd^ih¼^bedhZg[VXZ|>hgV…aZiVjmˆaZh;‚gd‚#IdjiVjigZ dj|(ZcViiVfjZ#:c[V^i!_Zc¼V^VjXjcZXZgi^ijYZ#¯
7ZcdˆiEZYgZii^!aZb^a^ZjYZiZggV^cbVghZ^aaV^h!Zhi
g‚hjaiVibZiigV^iaZ\gdjeZYZGVnbdcY9dbZcZX]YVchjcZ[}X]ZjhZedhijgZ# ZcidjiXVhh’gY¼jcZX]dhZ/aZhbViX]Zhkdci„igZ
Y^[ÃX^aZh#®>akVcdjh[Vaad^geajhYZkdadci‚ZcXdgZ!
hdj[ÄZXZaj^fj^egZcYYZeajhZceajhY¼^bedgiVcXZ

’
EdjgeaVXZgaZcdjkZVj\gdjeZ;gVcXZ 9ZhV^aan!I]jgVbZiA^oVgVoj!ZhiXZgiV^cZbZciaZ YVchXZiiZcdjkZaaZ‚fj^eZYZ;gVcXZ#AZhgZcXdcigZh
YVchjcZedh^i^dc[VkdgVWaZ!hZjaZaV Ydhh^ZgaZeajhY‚a^XVi#L^aa^Vb<VaaVh!VkZX kdci„igZeajhYjgZh|\V\cZg#DchV^ifj¼dccZhZgVeVh
EGD<G6BB: k^Xid^gZZhi^bedgiVciZ#8dbbZ^anV '&h‚aZXi^dch!ZhiY‚hdgbV^haZeajhZme‚g^bZci‚ idj_djghWg^aaVcih#BV^haZeajh^bedgiVci!X¼ZhiY¼„igZ
wa^b^cVid^gZhYZaV YZjmVch#FjVcY?VXfjZhHVci^c^![gVˆX]ZbZci YjhZXiZjg#>aZcYZk^Zcib„bZaZeVigdc!Zc eg‚hZcihYVchYZjmVch|aV8djeZYjbdcYZ#8Zc¼Zhi
8djeZYjbdcYZ'%%+ cdbb‚h‚aZXi^dccZjgcVi^dcVa!Y‚WjiV^ihV a¼VWhZcXZYZB^`V…aH^akZhigZ!edjga¼^chiVciY‚aV^hh‚ fjZeVgaZigVkV^afj¼dcVjgVYZhg‚hjaiVih°:iVkZXjc
<gdjeZ) XVbeV\cZYZfjVa^ÃXVi^dcedjga¼:jgd'%%)| eVg9dbZcZX]/®8¼ZhiYVchXZhZXiZjgfj¼^anVaZ aZVYZgYVchaVeVgdaZZiYVchaViZX]c^fjZXdbbZeZji
;gVcXZ">hgV…a 8]negZPcYag/k^Xid^gZYZaV;gVcXZ!'"&R#JcZY‚[V^iZ eajhYZX]dhZh|Xdchigj^gZ#<VaaVhYd^iY‚bdcigZg a¼„igZEVig^X`K^Z^gV!^anVYZfjd^„igZdei^b^hiZ#¯
HVbZY^)hZeiZbWgZ VjgV^ihXZaa‚aZhdgiYZaV;gVcXZ#:ieVgXdch‚fjZci fj¼^aVa¼ZckZg\jgZ!aVXVeVX^i‚|YZkZc^gjc‚a‚bZci AZhXVYgZhYj\gdjeZ;gVcXZ!YZgZidjgiZah
'%%)'&] aZh^Zc#8¼ZhiaZb„bZhX‚cVg^dfj^ViiZcYGVnbdcY bdiZjgYZaVY‚[ZchZ#EZghdccZcZXgdnV^iZcaj^ BV`‚a‚a‚!<^janZiIgZoZ\jZi!hVjgdciVjhh^
VjHiVYZYZ;gVcXZ 9dbZcZX]!hVbZY^hd^gVjHiVYZYZ;gVcXZ#AZ fjVcY^aVY‚WVgfj‚|8]ZahZV#6kZXcdjh!^aYd^i| XVcVa^hZgaZhbd^chZme‚g^bZci‚hZiaZjg[V^gZ
YZEVg^h"HV^ci"9Zc^h egZb^ZgbViX]YZh‚a^b^cVid^gZhYZaV8djeZYj X]VfjZgZcXdcigZVhhjbZghZhgZhedchVW^a^i‚h#Edjg egZcYgZXdchX^ZcXZfj¼jcbViX]XdcigZ>hgV…ac¼Zhi
6gW^igZ/B#IZbb^c`E#"7# bdcYZ'%%+ZhiY‚_|fjVh^Y‚X^h^[#®>a[Vji H^akZhigZ!hdcVWhZcXZZhijcX]d^m#>a‚kdajZ|jc _VbV^hh^beaZ#IdjiXdbbZXZY‚eaVXZbZci
ÑaZh;‚gd‚";gVcXZ dWa^\Vid^gZbZci\V\cZgXdcigZaZh>hgV‚a^Zch! edhiZd‘^anVYZaVXdcXjggZcXZ#?¼V^WZhd^cYZ_j\Zg ‚e^fjZ!VjhjY"ZhiYZa¼>haVcYZ!hjgaZhˆaZh;‚gd‚#
BZgXgZY^-hZeiZbWgZ gZXdccVˆiaZcdjkZVjeVigdcYZh7aZjh#DccZeZji eajhZcegd[dcYZjgaZh\VgdchfjZ_¼V^gZiZcjh°¯ ®>hgV…aVYZh_djZjghk^[h!XVeVWaZhYZbZiigZYZaV
'%%)&-] eVhhZbZiigZZcY^[ÄXjai‚Y¼Zcig‚Z#DchZgV^iVadgh [da^ZYVchjcZgZcXdcigZ!XdcXaji9dbZcZX]#8¼Zhi
VjIdghkdaajgHiVY^jb eadc\‚hYVchaZYdjiZ!YVcha¼^cXZgi^ijYZ#BV^h!Wdc!h^ HjheZchZhjgaZhnhiƒbZYZ_Zj jcZ‚fj^eZfj^eZjiZcÅVbbZgjcbViX]|c¼^bedgiZ
YZI]dgh]Vkc dcWVi>hgV…aZifj¼dcZhiVXXgdX]‚hVjmˆaZh;‚gd‚eVg 9VchfjZahnhiƒbZYZ_Zj4H^a¼dchZÃZVjbViX] fjZabdbZci#²cdjhYZ\‚gZgXZ\ZcgZY¼VYkZghV^gZ
6gW^igZ/B#I]dbVhwXdhhZ aVhj^iZ!aVh^ijVi^dchZgV^iaVb„bZ#;^cVaZbZci! Vb^XVa[VXZ|aV7dhc^Z&"&!dcb^hZgV^ihjgjcZ ZiYZbViX]d‘idjieZjiVgg^kZg#FjVciVjmˆaZh;‚gd‚!
8VaZcYg^ZgXdbeaZie#&+"&, a¼^Y‚VahZgV^iYZ[V^gZXVgidceaZ^c/+ed^cih¯ Y‚[ZchZ|igd^h_djZjgh#8¼ZhiYVchXZiiZ _¼ViiZcYgV^YZk^h^dccZgaZjgegZb^ZgbViX]XdcigZaV
=ZjgZh[gVcV^hZh JcdW_ZXi^[aVg\ZbZci|aVedgi‚ZYZa¼‚fj^eZYZ XdcÃ\jgVi^dc·ZcegZb^ƒgZb^"iZbeh·fjZaV Hj^hhZedjgbZ[V^gZjcZ^Y‚Z#>anVYZ\gVcYZh
;gVcXZ#BV^hYVchaZXdciZmiZVXijZa!aZhXZgi^ijYZh Y‚[ZchZ[gVcV^hZ<VaaVh!Hfj^aaVX^!6W^YVah¼Zc X]VcXZhedjgfjZa¼‚fj^eZfj¼^ahVa^\cZgdciaZhVbZY^
dciaV^hh‚eaVXZVjm^ciZggd\Vi^dch#AVY‚[ZchZ! ‚iV^iaZb^Zjmi^g‚Z#®>ac¼ZhieVhh’gfj¼jcZigd^h^ƒbZ hd^iaVb„bZ[VXZ|cdjhaZbZgXgZY^#¯N
idiVaZbZcigZbVc^‚ZYZej^haZhgZigV^iZhYZ [dgbjaZcZhd^ieVhZck^hV\‚Z!edjghj^i!bVa^X^Zjm! B?ED;BL;BB7

(H:EI:B7G:'%%)

PDF généré avec les logiciels Sowedoo


A : B 6 < 6 O > C : H E D G I ; G : : 6I I > I J 9 :
L L L# ; G : : H E D G I# ; G

CDJK:6J<G6IJ>I
HedgiZhiZca^\cZ

lll#[gZZhedgi#[g

EVgaZo"Zc|kdhVb^h
8¼Zhibd^chX]ZgfjZeVhX]Zg

PDF généré avec les logiciels Sowedoo


&) 8=6AA:C<:;DDI76AA

¹EVig^XZ:kgV4
Jc_djZjg
^ci‚gZhhVci#BV^h
^aeZji[V^gZb^Zjmº
GVnbdcY9dbZcZX]
?#E#I=DB6H$;:E$E6CDG6B>8

A69w;:CH::C G:EÎG:H
wg^X6W^YVa
'*Vch!&h‚aZXi^dc

G:8DCHIGJ8I>DC
Danbe^fjZAndccV^h
&!-+b",)`\
--bViX]ZhZcA&!&Wji
EVig^XZ:kgV
'(Vch!&h‚aZXi^dc
6HBdcVXd
9ZhV^aan!I]jgVbZiA^oVgVojgZigV^i‚h!aVY‚[ZchZYZa¼‚fj^eZ =W†b=_l[j/²a¼^bV\ZYZHfj^aaVX^!^aW‚c‚ÃX^Z &!,*b"+.`\
Yjk‚XjA^\jZYZhX]Vbe^dchVkZXa¼6HBdcVXd# ,(bViX]ZhZcA&!&Wji
YZ;gVcXZZhiVj_djgY¼]j^Xdchi^ij‚ZYZ_ZjcZhiVaZcih# EdankVaZci!XZ\VjX]ZgZhiVjhh^|a¼V^hZhjgaZXi‚ <V…a<^kZi
fjZYVcha¼VmZ#8ZX]Vbe^dcY¼:jgdeZYZh&-Vch ''Vch!&h‚aZXi^dc
9ZaZjggZcYZbZciY‚eZcYa¼VkZc^gYZh7aZjh# Zc'%%%VY^heji‚aZh)*YZgc^ƒgZhb^cjiZh 6HBdcVXd
YZ;gVcXZ"7dhc^Z#>ah¼ZcZhieajiiW^Zci^g‚ &!-&b"-%`\

’
6^b‚?VXfjZiVkV^iXdchigj^ihdc\gdjeZ! dciidjhbd^chYZ'*Vch#Kd^X^YdcXXZjmfj^ b„bZh¼^ac¼Veg^hVjXjcg^hfjZd[[Zch^[# -)bViX]ZhZcA&!*Wjih
[jijgX]Vbe^dcYjbdcYZ!VjidjgY¼jcZ eZjkZciYZkZc^gaZh[jijgh7aVcX!9ZhV^aanZiVjigZh 8[hdWhZC[dZo/JcVcX^Zcej^hfj¼^aXdbeiZ° 7ZgcVgYBZcYn
hda^YZZigj\jZjhZY‚[ZchZ#7^Zcaj^ZcV I]jgVb#Hdj]V^idchaZjgVjiVciYZhjXXƒh 'h‚aZXi^dch#AZEVg^h^ZcVY^heji‚XdcigZ '(Vch!'h‚aZXi^dch
eg^hej^hfjZXZaaZ"X^[jia¼jcZYZheajh]Zgb‚i^fjZh fjZaZjghX‚aƒWgZhVˆc‚h# aV7dhc^Za¼ZchZbWaZYjbViX]YVchaZhYZjm EVg^h"H<
Y¼:jgdeZZcigZ&..)Zi&..-',WjihZcXV^hh‚hZc xh_Y7X_ZWb/Igƒh[dgiiZX]c^fjZbZci!XZ\VjX]Zg hnhiƒbZh("*"'ej^h)")"'egdedh‚heVgaZ &!-%b",,`\
*(bViX]Zh!hd^ijcZbdnZccZYZ%!*&WjieVg adc\^a^\cZedhhƒYZa¼VidjiYZedjkd^g‚kdajZg h‚aZXi^dccZjg#®>aVaZegdÄaedjg‚kdajZgZc("*"'! ,,bViX]ZhZcA&!&Wji
bViX]#GVnbdcY9dbZcZX]V^bZgV^iedjkd^gZc YVchc¼^bedgiZfjZahX]‚bViVXi^fjZ#9Vcha¼VmZ XdcXaji9dbZcZX]#8dbbZ:kgVY¼V^aaZjgh#¯ H‚WVhi^ZcHfj^aaVX^
Y^gZVjiVciYVchfjZafjZhVcc‚Zh#6egƒhaZbViX] djhjgaZhXi‚h#8ZeZcYVci![VXZ|aV7dhc^Z! IƒXWij_[dIgk_bbWY_/>aVkV^iY‚_|‚i‚VeeZa‚hdjh ')Vch!&h‚aZXi^dc
cja[VXZVjm7dhc^VfjZh!aZcdjkZVjh‚aZXi^dccZjg ^aVZjiZcYVcXZ|VWjhZgYZhadc\jZhigVchkZghVaZh HVci^c^!aZ&&dXidWgZ'%%(!XdcigZ>hgV…a("%# 6HBdcVXd
VY‚XaVg‚aVXdc^fjZbZciVjhj_ZiYZhZh ^beg‚X^hZhZibVcfjZgYZh^bea^X^i‚YVchhZh BV^h4aZBdc‚\VhfjZc¼‚iV^ieVhZcig‚Zc_Zj#Hdc &!-(b",+`\
Y‚[ZchZjgh/®?Zc¼V^VjXjcZXZgi^ijYZXdbbZ_Zc¼V^ gZaVcXZh#HdcbƒigZ-+ZihdcZmXZaaZci_ZjV‚g^Zc Zme‚g^ZcXZYZaVA^\jZYZhX]Vbe^dcha¼VceVhh‚ ++bViX]ZhZcA&!-Wjih
VjXjcZhVi^h[VXi^dc#DcVjgV^ieje‚iZgaZheadbWh# gZhiZcihZhed^cih[dgih# VkZXBdcVXdaj^eZgbZiYZcZ_VbV^hh¼V[[daZg#Igƒh
DccZa¼VeVh[V^i#8¼ZhiY‚_|VYZ\V\c‚#¯AVY‚[ZchZ FWjh_Y[;lhW/AZeajhYdj‚YZhigd^hBdc‚\VhfjZh# |a¼V^hZYVcha¼VmZ!^aVeVgi^X^e‚aZ&-Vd’iYZgc^Zg
[gVcV^hZhZgVYdcXigƒh_ZjcZedjgY‚WjiZg[VXZ :iedjgiVciaZeajh[‚Wg^aZXdcigZaV7dhc^Z/ XdcigZaV7dhc^Z|aVbZ^aaZjgZb^"iZbehYZh7aZjh#
Vjm>hgV‚a^ZchZcigZ')Zi'*VchYZbdnZccZ YZhWVaadcheZgYjhhVchXdbeiZgYZcdbWgZjm 8dbbZ6W^YVa!^ac¼V_VbV^h_dj‚Zc:hed^gh#N
Y¼}\Z#8dcigZ'.!*VchYjgVcia¼:jgd'%%)# Y‚X]ZihYVchaVgZaVcXZZiaZbVgfjV\Z# B?ED;BL;BB7
AZh‚aZXi^dccZjgigVkV^aaZ^X^hjgYjadc\iZgbZ# ®8¼Zhijc_djZjg^ci‚gZhhVci!iZbeƒgZ9dbZcZX]# ("*"'/(Y‚[ZchZjgh!*b^a^Zjm!'ViiVfjVcih
>aZcVaZhbdnZchej^hfjZaZheg^cX^eVjmXVcY^YVih BV^h^aeZji[V^gZb^Zjm#¯ )")"'/)Y‚[ZchZjgh!)b^a^Zjm!'ViiVfjVcih

(H:EI:B7G:'%%)

PDF généré avec les logiciels Sowedoo


CDJK:6J<G6IJ>I

A : B 6 < 6 O > C : H E D G I ; G : : 6I I > I J 9 :


L L L# ; G : : H E D G I# ; G

HEDGIIK
AZbZ^aaZjgYjhedgi[d_cW][igk_Xek][dj
lll#[gZZhedgi#[g

PDF généré avec les logiciels Sowedoo


&+ G:EÎG:H;DDI76AA

wA>B>C6ID>G:H9EKF;:KCED:;(&&, HZXdj‚ZeVga¼‚X]ZX
YZa¼:jgd'%%)!a¼‚fj^eZ

A:H69K:GH6>G:H
YZ;gVcXZZhidWa^\‚Z
YZg‚V\^gYVchXZh
‚a^b^cVid^gZhYZ8djeZ

9:H7A:JH
YjbdcYZ#9‚WjiYZ
g‚edchZhVbZY^Zi
bZgXgZY^egdX]V^ch#

:>G:";G6C8:!JC:
EA68:EDJG9:JM
86A:C9G>:G9:A¼wFJ>E:9:;G6C8:
%)$%.$'%%)‚a^b^cVid^gZh8YB'%%+
%-$%.$'%%)‚a^b^cVid^gZh8YB'%%+
;G6C8:·>HG6ÎA
ÑA:H;wGDw·;G6C8:
;G6C8:
IdjiYZkgV^ihZ_djZg[VXZVjm>gaVcYV^h#H^!W^Zch’g! A:H'%EDJG>HG6ÎA:IA:HÑA:H;wGDw E6AB6GÏH
a¼‚fj^eZYZ;gVcXZeVhhZhVchZcXdbWgZaZh %.$&%$'%%)‚a^b^cVid^gZh8YB'%%+ ;G6C8:·GwEJ7A>FJ:9¼>GA6C9: <6G9>:CH9:7JI 8djeZYjbdcYZ/KV^cfjZjg.-!YZb^"[^cVa^hiZ*-
Y^[[‚gZcihdWhiVXaZhgZeg‚hZci‚heVg>hgV…a!aZhÑaZh &($&%$'%%)‚a^b^cVid^gZh8YB'%%+  8=NEG:·;G6C8: ;VW^Zc7Vgi]ZoDanbe^fjZBVghZ^aaZ0<g‚\dgn (Z!-')Z!-+(Z0:jgd/KV^cfjZjg-)!'%%%!
;‚gd‚!8]negZZiaVHj^hhZ#A¼:^gZ!jcZk^Z^aaZ &,$&&$'%%)gZcXdcigZVb^XVaZ ;G6C8:·EDAD<C: 8djeZiDanbe^fjZAndccV^h YZb^"[^cVa^hiZ.+08djeZYZh8dc[‚Y‚gVi^dch/
XdccV^hhVcXZej^hfjZXZiiZcVi^dcVXgd^h‚! %-dj%.$%'$'%%*gZcXdcigZVb^XVaZ B6I8=²9wI:GB>C:G 9w;:CH:JGH KV^cfjZjg%&!%(08djeZ^ciZgXdci^cZciVaZ/
|eajh^ZjghgZeg^hZh!aVgdjiZYZh7aZjhYVchYZh wg^X6W^YVaDanbe^fjZAndccV^h0?ZVc"6aV^c KV^cfjZjg-*
'+$%($'%%*‚a^b^cVid^gZh8YB'%%+ ;G6C8:·HJ>HH:
‚a^b^cVid^gZhYZ8djeZYjbdcYZ*)!,)!,-Zi-'# 7djbhdc\<aVh\dlGVc\Zgh!:Xd0EVig^XZ:kgV A:H(9:GC>ÏG:HG:C8DCIG:H6B>86A:H
(%$%($'%%*‚a^b^cVid^gZh8YB'%%+ >HG6ÎA·;G6C8: 6HBdcVXd0L^aa^Vb<VaaVh8]ZahZV;8!6c\0 &-$%-$'%%)XdcigZaV7dhc^Z=Zgo‚\dk^cZ/&"&
AZhY‚eaVXZbZcih|9jWa^chZhdciidj_djghhdaY‚h %($%.$'%%*‚a^b^cVid^gZh8YB'%%+ ;G6C8:·ÑA:H;wGDw
eVgjcZY‚[V^iZ#HVj[Zc&.*(k^Xid^gZ*"(#6adgh <V…a<^kZi6HBdcVXd!7ZgcVgYBZcYnEVg^h" %+$%+$'%%)XdcigZa¼J`gV^cZ/&"%
%,$%.$'%%*‚a^b^cVid^gZh8YB'%%+ GwEJ7A>FJ:9¼>GA6C9:·;G6C8: H<0H‚WVhi^ZcHfj^aaVX^6HBdcVXd '-$%*$'%%)XdcigZ6cYdggZ/)"%
b‚[^VcXZ#6jiVciY^gZfj¼^a[VjYgVZc\gVc\ZgaZ
bVm^bjbYZed^cihVkVciaZe‚g^aaZjmkdnV\Z %-$&%$'%%*‚a^b^cVid^gZh8YB'%%+ HJ>HH:·;G6C8: B>A>:JM9:I:GG6>C A:H(9:GC>ÏG:HG:C8DCIG:HD;;>8>:AA:H
egd\gVbb‚aZ,hZeiZbWgZ'%%* &'$&%$'%%*‚a^b^cVid^gZh8YB'%%+ ;G6C8:·8=NEG: K^`Vh]9]dgVhddB^aVc68!>iV08aVjYZBV`ZaZaZ '*$%+$'%%):jgd'%%)XdcigZaV<gƒXZ/%"&
8]ZahZV;8!6c\07ZcdˆiEZYgZii^Danbe^fjZ '&$%+$'%%):jgd'%%)XdcigZaVHj^hhZ/("&
BVghZ^aaZ0GdWZgiE^gƒh6ghZcVa;8!6c\0?‚gbZ &,$%+$'%%):jgd'%%)XdcigZaV8gdVi^Z/'"'
<GDJE:)·86A:C9G>:G Gdi]ZcEVg^h"H<0EVig^X`K^Z^gV6ghZcVa;8!6c\# 8A6HH:B:CI;>;6/'Z
%)$%.$'%%) GwEJ7A>FJ:9¼>GA6C9:·8=NEG: (%$%($'%%* HJ>HH:·8=NEG: 6II6FJ6CIH CDB7G:9:A>8:C8>wH/'&*%%%%
%)$%.$'%%) HJ>HH:·ÑA:H;wGDw %)$%+$'%%* ÑA:H;wGDw·HJ>HH: 9_^Wg^a8^hh‚A^kZgedda;8!6c\0AjYdk^X<^jan;8 B:>AA:JG7JI:JG:C68I>K>Iw/
%)$%.$'%%) ;G6C8:·>HG6ÎA %)$%+$'%%* GwEJ7A>FJ:9¼>GA6C9:·>HG6ÎA 7VgXZadcZ!:he0I]^Zggn=Zcgn6ghZcVa;8!6c\0 9Vk^YIgZoZ\jZi'-Wjih
%-$%.$'%%) ÑA:H;wGDw·;G6C8: %-$%+$'%%* ÑA:H;wGDw·GwEJ7A>FJ:9¼>GA6C9: E‚\jnAjn^cYjaVDanbe^fjZBVghZ^aaZ0Adj^h HwA:8I>DCC:JG/GVnbdcY9dbZcZX]
%-$%.$'%%) >HG6ÎA·8=NEG: &,$%-$'%%* ÑA:H;wGDw·8=NEG:
HV]VBVcX]ZhiZgJc^iZY!6c\ hdjhg‚hZgkZYZX]Vc\ZbZci
%-$%.$'%%) HJ>HH:·GwEJ7A>FJ:9¼>GA6C9: %($%.$'%%* ;G6C8:·ÑA:H;wGDw
A:H?DJ:JGHK:9:II:H
%.$&%$'%%) 8=NEG:·ÑA:H;wGDw %($%.$'%%* HJ>HH:·>HG6ÎA
%.$&%$'%%) >HG6ÎA·HJ>HH: %,$%.$'%%* 8=NEG:·HJ>HH:
%.$&%$'%%) ;G6C8:·GwEJ7A>FJ:9¼>GA6C9: %,$%.$'%%* ÑA:H;wGDw·>HG6ÎA
&($&%$'%%) 8=NEG:·;G6C8: %,$%.$'%%* GwEJ7A>FJ:9¼>GA6C9:·;G6C8:
&($&%$'%%) GwEJ7A>FJ:9¼>GA6C9:·ÑA:H;wGDw %-$&%$'%%* 8=NEG:·GwEJ7A>FJ:9¼>GA6C9:
?:;;GDN$;A6H=EG:HH$9EE>
=:GK>D$;A6H=EG:HH$9EE>

=:GK>D$;A6H=EG:HH$9EE>

=:GK>D$;A6H=EG:HH$9EE>
&,$&&$'%%) 8=NEG:·>HG6ÎA %-$&%$'%%* >HG6ÎA·ÑA:H;wGDw
'+$%($'%%* ;G6C8:·HJ>HH: %-$&%$'%%* HJ>HH:·;G6C8:
'+$%($'%%* >HG6ÎA·GwEJ7A>FJ:9¼>GA6C9: &'$&%$'%%* ;G6C8:·8=NEG:
(%$%($'%%* >HG6ÎA·;G6C8: &'$&%$'%%* GwEJ7A>FJ:9¼>GA6C9:·HJ>HH: ;VW^Zc76GI=:O EVig^X`K>:>G6 GdWZgiE>GÎH I]^Zggn=:CGN

8DJE:9JBDC9:'%%+IDJHA:H<GDJE:HwA>B>C6ID>G:H"ODC::JGDE:
AZegZb^ZgYZX]VfjZ\gdjeZZhifjVa^[^‚#AZh <GDJE:& <GDJE:' <GDJE:(
YZjm^ƒbZh_djZgdciYZhWVggV\ZheVgVaaZg"gZidjg#
wfj^eZh ? < C E 7e 7X Eih wfj^eZh ? < C E 7e 7X Eih wfj^eZh ? < C E 7e 7X Eih
H^aV;gVcXZeZjiaVg\ZbZciZhe‚gZghZfjVa^[^ZgedjgaZ
bdcY^Vadg\Vc^h‚Zc6aaZbV\cZYVchYZjmVch!Y¼VjigZh &#BVX‚Yd^cZ & & % % ( % ( Ijgfj^Z % % % % % % % &#HadkVfj^Z & & % % ( & (
\gVcYh[Vkdg^hdciYjhdjX^|hZ[V^gZ#8¼ZhiaZXVhYZh '#GdjbVc^Z & & % % ' & ( 9VcZbVg` % % % % % % % '#:hidc^Z & & % % ' & (
EVnh"7Vh\gdjeZ&fj^]‚g^iZciYZaVG‚ejWa^fjZ (#;^caVcYZ & % % & & ' % <gƒXZ % % % % % % % (#A^ZX]iZchiZ^c & % % & & ' %
iX]ƒfjZZiYZaVGdjbVc^Z#Edh^i^dcigƒhY‚a^XViZedjg
a¼:heV\cZYVchaZ\gdjeZ,fj^Yd^ihZY‚WVggVhhZgYZ )#6gb‚c^Z & % % & % ( % J`gV^cZ % % % % % % % )#AjmZbWdjg\ & % % & & ( %
aV7Za\^fjZZiaVHZgW^Z"Bdci‚c‚\gd#:c[^c!W^ZcbVa^c 6cYdggZ % % % % % % % <‚dg\^Z % % % % % % % AZiidc^Z % % % % % % %
fj^edjggV^iYdccZgaZXaVhhZbZci[^cVaYj\gdjeZ- EVnh"7Vh % % % % % % % 6aWVc^Z % % % % % % % Edgij\Va % % % % % % %
VkZXaVHjƒYZ!aV8gdVi^ZZiaV7ja\Vg^Z#
G‚ejWa^fjZIX]ƒfjZ % % % % % % % @VoV`]hiVc % % % % % % % Gjhh^Z % % % % % % %

<GDJE:* <GDJE:+ <GDJE:, <GDJE:-


wfj^eZh ? < C E 7e 7X Eih wfj^eZh ? < C E 7e 7X Eih wfj^eZh ? < C E 7e 7X Eih wfj^eZh ? < C E 7e 7X Eih
>iVa^Z % % % % % % % 6c\aZiZggZ % % % % % % % :heV\cZ % % % % % % % HjƒYZ % % % % % % %
Hadk‚c^Z % % % % % % % Edad\cZ % % % % % % % 7Za\^fjZ % % % % % % % 8gdVi^Z % % % % % % %
wXdhhZ % % % % % % % 6jig^X]Z % % % % % % % HZgW^Z"Zi"Bdci‚c‚\gd % % % % % % % 7ja\Vg^Z % % % % % % %
Cdgkƒ\Z % % % % % % % EVnhYZ<VaaZh % % % % % % % 7dhc^Z"=Zgo‚\dk^cZ % % % % % % % >haVcYZ % % % % % % %
7^‚adgjhh^Z % % % % % % % >gaVcYZYjCdgY % % % % % % % A^ijVc^Z % % % % % % % =dc\g^Z % % % % % % %
BdaYVk^Z % % % % % % % 6oZgWV‰Y_Vc % % % % % % % HV^ci"BVg^c % % % % % % % BVaiZ % % % % % % %

(H:EI:B7G:'%%)

PDF généré avec les logiciels Sowedoo


&,

GwEJ7A>FJ:9¼>GA6C9:
A:HIGD>H9:GC>ÏG:HG:C8DCIG:H A:7>A6C9:H8DC;GDCI6I>DCH A:H?DJ:JGH
XdcigZaV<‚dg\^Z/'"%
6B>86A:H ;68:²A6;G6C8: K:9:II:H
E6AB6GÏH
&-$%-$'%%)XdcigZaV7ja\Vg^Z/&"& &%_dj‚h!(k^Xid^gZh!(cjah!)Y‚[V^iZh! Gdn@ZVcZ
FjVgiYZ[^cVa^hiZYZ8djeZYjbdcYZ&..%
9Vb^Zc9j[[
%*$%+$'%%)XdcigZaZhEVnh"7Vh/&"% 8A6HH:B:CI;>;6/&+Z &&Wjihedjg!&+WjihXdcigZ
%'$%+$'%%)Jc^in8jeXdcigZaV?VbV‰fjZ/&"% CDB7G:9:A>8:C8>wH/&-%%%% A¼:CIG6ÑC:JG
A:HIGD>H9:GC>ÏG:HG:C8DCIG:H A¼wFJ>E:"INE: 7g^Vc@Zgg*%VchVhjXX‚Y‚|B^X`
D;;>8>:AA:H <^kZc·;^ccVc!9d]Zgin!8jcc^c\]Vb!D¼H]ZV BX8Vgi]n|a¼ZciVbZYZh‚a^b^cVid^gZhYZ
&&$&%$'%%(‚a^b^cVid^gZh:jgd'%%) ·Gdn@ZVcZ!=daaVcY!D¼7g^Zc!9j[[· a¼:jgd'%%)#8Z9jWa^cd^hVbZc‚aZhbd^ch

E=DIDH/A>:L><$;A6H=EG:HH$9EE>
XdcigZaVHj^hhZ/%"' Bdgg^hdc!GdWW^Z@ZVcZ YZ&+VchZiaZhbd^chYZ&-VchVji^igZYZ
%+$%.$'%%(‚a^b^cVid^gZh:jgd'%%) B:>AA:JG7JI:JG/C^VaaFj^ccVkZX X]Vbe^dcY¼:jgdeZZc&..-VkVciYZegZcYgZ
XdcigZaVGjhh^Z/&"& '&Wjih ZcbV^chaZhYZhi^c‚ZhYZa¼‚fj^eZ6^anV
&&$%+$'%%(‚a^b^cVid^gZh:jgd'%%) HNHIÏB:9:?:J/)·)·' fjZafjZhbd^h#

HJ>HH:
A:HIGD>H9:GC>ÏG:HG:C8DCIG:H 8A6HH:B:CI;>;6/),Z A¼:CIG6ÑC:JG A:H?DJ:JGH
6B>86A:H CDB7G:9:A>8:C8>wH/'%-%%% ?V`dW®@ŽW^¯@j]c!+&Vch!ZcedhiZ K:9:II:H
&-$%-$'%%)XdcigZa¼>gaVcYZYjCdgY/%"% A¼wFJ>E:"INE: YZej^haZ&%_j^c'%%&#>ciZgcVi^dcVa 6aZmVcYZg;gZ^
%+$%+$'%%)XdcigZaZA^ZX]iZchiZ^c/&"% Hi^Za·=VVh!=ZcX]do!BjaaZg! hj^hhZ|+(gZeg^hZh!?V`dW@j]cV =V`VcNV`^c

E=DIDH/=:GK>D$;A6H=EG:HH$9EE>:IB>C>:G$;A6H=EG:HH$9EE>
%'$%+$'%%)XdcigZa¼6aaZbV\cZ/%"' Olnhh^\·Kd\Za!L^X`n!=#NV`^c! ‚\VaZbZciedgi‚aZhXdjaZjghYj;8Ojg^X]
A:HIGD>H9:GC>ÏG:HG:C8DCIG:H =j\\Za·;gZ^!8]Vej^hVi VkZXaZfjZa^aVgZbedgi‚+i^igZhYZ
D;;>8>:AA:H B:>AA:JG7JI:JG X]Vbe^dcZi*XdjeZhcVi^dcVaZh#AZed^ci
'&$%+$'%%):jgd'%%)XdcigZaV;gVcXZ/&"( @jW^aVnI“g`n^abVoVkZX()Wjih Y¼dg\jZYZhVXVgg^ƒgZ[jijcZ
&,$%+$'%%):jgd'%%)XdcigZa¼6c\aZiZggZ/%"( HNHIÏB:9:?:J/)·)·' eVgi^X^eVi^dc|aV8djeZYjbdcYZ&.++
&($%+$'%%):jgd'%%)XdcigZaV8gdVi^Z/%"% A:7>A6C9:H8DC;GDCI6I>DCH ZciVcifjZ_djZjgVkVciYZfjVa^[^ZghV
E6AB6GÏH ;68:²A6;G6C8: h‚aZXi^dcedjga¼:jgd'%%)!hVchidjiZ[d^h
FjVgiYZ[^cVa^hiZYZaV8djeZYjbdcYZ ('_dj‚h!&'k^Xid^gZh!+cjah!&)Y‚[V^iZh! eVgkZc^g|[gVcX]^gaZXVe
&.()!&.(-!&.*) *+Wjihedjg!*-WjihXdcigZ YjegZb^Zgidjg#

>HG6ÎA
A:HIGD>H9:GC>ÏG:HG:C8DCIG:H A:H?DJ:JGH
E6AB6GÏH ,_dj‚h!&k^Xid^gZ!'cjah!)Y‚[V^iZh!*Wjih
6B>86A:H K:9:II:H
KV^cfjZjgYZaV8djeZY¼6h^Z&.+) edjg!&)WjihXdcigZ
Ndhh^7ZcVndjc
&-$%-$'%%)XdcigZaV8gdVi^Z/%"& 8A6HH:B:CI;>;6/+'Z A¼:CIG6ÑC:JG
',$%*$'%%)XdcigZaV<‚dg\^Z/&"% :nVa7Zg`dk^X]
CDB7G:9:A>8:C8>wH/(**%% 6kgV]Vb<gVci).VchZhiZcedhiZ
E=DIDH/B6GI>C:O$G:JI:GH$B6MEEE:I;G6>A:$G:JI:GH$B6MEEE

'-$%)$'%%)XdcigZaVBdaYVk^Z/&"& A¼wFJ>E:"INE: |aVi„iZYZaVh‚aZXi^dccVi^dcVaZY¼>hgV…a


A:HIGD>H9:GC>ÏG:HG:C8DCIG:H 9Vk^Ydk^X]·<Zgh]dc!6ciZW^! YZej^h'%%'#6cX^ZcZcigVˆcZjg
D;;>8>:AA:H JoVc!7Zc"=V‰b·7VY^g!IVa!6[Z`! YjBVXXVW^=V‰[V!Yj=VedZa=V‰[V!
&&$&%$'%%(‚a^b^cVid^gZh:jgd'%%) 7ZcVndjc!7Zg`dk^X]·@ViVc YjBVXXVW^IZa"6k^kZiYj=VedZaI^`kV!
XdcigZaV;gVcXZ/%"( B:>AA:JG7JI:JG aZiZX]c^X^Zc^hgV…a^Zch¼Zhi[^m‚jccdjkZa
&%$%.$'%%(‚a^b^cVid^gZh:jgd'%%) BdgYZX]V^He^Z\aZgVkZX'*Wjih dW_ZXi^[/fjVa^[^Zga¼‚fj^eZcVi^dcVaZ
XdcigZBVaiZ/'"' HNHIÏB:9:?:J/)·*·& edjgaV8djeZYjbdcYZ'%%+VegƒhVkd^g
%+$%.$'%%(‚a^b^cVid^gZh:jgd'%%) A:7>A6C9:H8DC;GDCI6I>DCH gVi‚aZi^X`Ziedjga¼:jgd'%%)#
XdcigZaVHadk‚c^Z/&"( ;68:²A6;G6C8:

8=NEG:
A:HIGD>H9:GC>ÏG:HG:C8DCIG:H A:H?DJ:JGH
BVaiZ/'"& +_dj‚h!&cja!*Y‚[V^iZh!'Wjihedjg!
6B>86A:H K:9:II:H
E6AB6GÏH/C‚Vci '&WjihXdcigZ
B^X]Va^h@dchiVci^cdj
&-$%-$'%%)XdcigZa¼6aWVc^Z/'"& 8A6HH:B:CI;>;6/&%)Z A¼:CIG6ÑC:JG
&.$%*$'%%)XdcigZaV?dgYVc^Z/%"% NVccV`^hD``Vh
CDB7G:9:A>8:C8>wH/'%%%% BdbX^adKj`di^X!}\‚YZ*(Vch!Vedgi‚|
'&$%'$'%%)Idjgcd^YZ8]negZXdcigZaZ A¼wFJ>E:"INE: '-gZeg^hZhaZbV^aadiYZaVh‚aZXi^dc
@VoV`]hiVc/'"& EVcVn^didj·@dccV[^h!C^`daVdj!D``Vg^YZh! ndj\dhaVkZZciVcifjZ_djZjgVkVciY¼„igZ
E=DIDH/8>GDCC:6J$6E$H>E6:I<DJA>6B6@>$:E6$H>E6

A:HIGD>H9:GC>ÏG:HG:C8DCIG:H I]ZdYdidj·HVih^Vh!D``Vh!>a^V!<Zdg\^dj· VeeZa‚|aVi„iZYZaVh‚aZXi^dccVi^dcVaZ


D;;>8>:AA:H :c\db^i^h!@dchiVci^cdj X]neg^diZ#8ZiVcX^Zcc•&%Yj;@EVgi^oVc
&&$&%$'%%(‚a^b^cVid^gZh:jgd'%%)XdcigZ B:>AA:JG7JI:JG YZ7Za\gVYZc¼VY‚hdgbV^heajhfj¼jcZ
aVHadk‚c^Z/'"' B^X]Va^h@dchiVci^cdjVkZX&+Wjih hZjaZ^Y‚ZZci„iZ/V^YZg8]negZ|hZ
%+$%.$'%%(‚a^b^cVid^gZh:jgd'%%)XdcigZ HNHIÏB:9:?:J/)·)·' fjVa^[^ZgedjgaV8djeZYjbdcYZ'%%+
aV;gVcXZ/%"* A:7>A6C9:H8DC;GDCI6I>DCH Zc6aaZbV\cZ#
%,$%+$'%%(‚a^b^cVid^gZh:jgd'%%)XdcigZ ;68:²A6;G6C8:

ÑA:H;wGDw
A:HIGD>H9:GC>ÏG:HG:C8DCIG:H A:7>A6C9:H8DC;GDCI6I>DCH A:H?DJ:JGH
XdcigZa¼>haVcYZ/&"'
6B>86A:H ;68:²A6;G6C8: K:9:II:H
E6AB6GÏH/C‚Vci
Da^?d]VccZhZc
&-$%-$'%%)XdcigZBVaiZ/("' 8A6HH:B:CI;>;6/&(,Z 6jXjcZXdc[gdciVi^dc
%&$%+$'%%)XdcigZaZhEVnh"7Vh/%"( A¼:CIG6ÑC:JG Hjc^DahZc
CDB7G:9:A>8:C8>wH/)*%%
'&$%'$'%%)XdcigZaVEdad\cZ/%"+ A¼wFJ>E:"INE: =Zcg^`AVghZc(-VchZhia¼ZcigVˆcZjg
A:HIGD>H9:GC>ÏG:HG:C8DCIG:H B^``ZahZc·D#?d]VccZhZc!=#=VchZc! YZaVh‚aZXi^dcYZhˆaZh;‚gd‚YZej^h'%%'#
D;;>8>:AA:H ?#=VchZc!I]dghiZ^chhdc·7Zc_Vb^chZc! A¼VcX^Zc^ciZgcVi^dcVaYVcd^h!X]Vbe^dc
&%$%.$'%%(‚a^b^cVid^gZh:jgd'%%) D#=VchZc!Bdg`dgZ!DahZc·?dchhdc! Y¼:jgdeZZc&..'!ZheƒgZ[V^gZegd\gZhhZg
E=DIDH/=:GK>D$;A6H=EG:HH$9EE>

XdcigZaVA^ijVc^Z/&"( ?VXdWhZc XZiiZ‚fj^eZg‚eji‚Z[V^WaZeajiifjZ


%+$%.$'%%(‚a^b^cVid^gZh:jgd'%%) B:>AA:JG7JI:JG Y¼Zck^hV\ZgjcZfjVa^[^XVi^dcedjgaV8djeZ
XdcigZa¼wXdhhZ/&"( ?#:#GVhbjhhZcVkZX&-Wjih YjbdcYZ'%%+#
'%$%-$'%%(‚a^b^cVid^gZh:jgd'%%) HNHIÏB:9:?:J/)·)·'

(H:EI:B7G:'%%)

PDF généré avec les logiciels Sowedoo


&- 8=6AA:C<:KD>A:

¹ Jcb‚aVc\ZYZk^hiV
[gVcV^hZZiY¼Zme‚g^ZcXZ
Vc\ad"hVmdccZ
º

AdgZb^ehjbYdadgh^i
VbZi!hZXiZijZg
VY^e^hX^c\Za^i!hZY
Y^Vbcdcjbbnc^W]
;G6C8@HD8=6$@"8=6AA:C<:

Zj^hbdYi^cX^Yjci
(H:EI:B7G:'%%)

PDF généré avec les logiciels Sowedoo


&.

A¼6B:G>86¼H8JEB69:>C;G6C8:

@"8=6AA:C<:
G:EÎG:H
@"8]VaaZc\ZYZkgV^iVccdcXZgXZkZcYgZY^hdcVXXZeiVi^dc Y‚_|jcZ‚fj^eZYZ.eZghdccZhigVkV^aaVci|aV
XdcXZei^dcYZhcdjkZVjmWViZVjm!fj^YZkgV^Zci
Eg‚g‚\ViZhYZ eVgaVHdX^‚i‚cVji^fjZYZ<ZcƒkZXdbbZX]VaaZc\Zgd[[^X^Za# „igZb^h|a¼ZVjVjeg^ciZbeh'%%+#Edjga¼]ZjgZ!
^ah¼V\^iedjg@"8]VaaZc\ZYZW^ZcÃ\jgZgYVchaZ
aV8djeZYZa¼6bZg^XV
²BVghZ^aaZ!YjY^bVcX]Z*Vj AV;gVcXZZc\V\ZV^ch^jcZ‚fj^eZedjga¼6bZg^XV¼h8je'%%,# BVghZ^aaZAdj^hKj^iidc6XiZ&!‚iVeZ^bedgiVciZ
hVbZY^&&hZeiZbWgZ'%%) edjgXdcfj‚g^gaZX¶jgYjejWa^XZiYZhhedchdgh#
EdjgaVegZb^ƒgZ[d^hZc B„bZh^XZheg‚g‚\ViZhc¼VjgdcieVhjcZ

’
&*(Vch!a¼6bZg^XV¼h8jekVhZ BVghZ^aaZ#AZhdaZ^aeadbWZaZbVXVYVb XdccVˆigZhdcc^kZVjYZeg‚eVgVi^dc|XZiiZYViZ#Cdjh h^\c^ÃXVi^dchedgi^kZ[dgiZXVgXdjgjZhhjgYZh
_djZghjgjcZe‚g^dYZYZ)Vch ]jgaVciYZX]VaZjg!aZhWVYVjYhegdÃiZci VkdchZcXdgZWZhd^cYZhedchdgh|cdhXi‚hedjg VcX^ZchWViZVjmZiVkZXYZh‚fj^eZhY^kZghZbZci
VkZXYZhg‚\ViZhY‚Xa^c‚ZhZc YjK^ZjmedgiZiaZhbVg^cheg‚eVgZciaV bdciZgjcZ‚fj^eZ[dgiZ#CdjhVgg^kdchVkZXjciZVb eg‚eVg‚Zh#®CdjhhVkdchfjZcdjhcZeVgidcheVh
VXiZhY^hi^cXih#BVghZ^aaZ [„iZ#HjgaVWVhZYZ@"8]VaaZc\Z!h^ij‚ZegƒhYj[dgi bjai^XjaijgZa!bdi^k‚ZiiVaZcijZjm!fj^b‚aVc\ZaV VkZXaZhb„bZhbdnZchfj¼6a^c\]^Hj^hhZ!DgVXaZ
VXXjZ^aaZa¼dg\Vc^hVi^dcYZh HV^ci"?ZVc!dch¼V[[V^gZVjidjgYZCOA*,!8aVhh k^hiV[gVcV^hZZia¼Zme‚g^ZcXZVc\ad"hVmdccZ#¯ wiVih"Jc^hdj:b^gViZhIZVbCZlOZVaVcY#:icdjh
egZb^ƒgZheg‚g‚\ViZh 6bZg^XVVX]Zi‚VjmC‚d"O‚aVcYV^h#AVcX‚kd^X^ 9VlcG^aZnVadjgYZbZci^cÄjZcX‚a¼VX]ViYZ cZXdccV^hhdcheVhcdigZkVaZjgeVggVeedgi|
d[[^X^ZaaZhYZa¼]^hid^gZYZaV YZjmVcheVgDgil^c@VcYaZg!jcYZhe^dcc^Zgh COA*,ZiaVadXVi^dcedjgigd^hVchYZCOA+% H]dh]dadoV6[g^fjZYjHjYZiVj9‚Ä;gVcXZ#
8djeZ/BVghZ^aaZAdj^h"Kj^iidc Y¼6^gWjh>cYjhig^Z!ZihdcÃahHi‚e]VcZ! WViZVjkV^cfjZjgYZa¼6bZg^XV¼h8je'%%%eVg@" CdigZWjiZhiYZcdjh[V^gZeaV^h^gZi\V\cZgfjZafjZh
6Xi&ZhiYdcXaZegZb^ZgYZ @"8]VaaZc\ZZhiZcigV^cYZh¼^chiVaaZgYVchaZ 8]VaaZc\Z#JcZY‚X^h^dcVccdcX‚ZZcVkg^aYZgc^Zg bVcX]Zh¯!Zmea^fjZI]^ZggnEZedccZi!X]Vbe^dc
XZhgZcYZo"kdjh#Jc eVnhV\ZYZa¼6bZg^XV¼h8je#6j_djgY¼]j^!kZgh&,]! fj^Vk‚g^iVWaZbZciaVcX‚a¼‚fj^eZYVchaVXdjg danbe^fjZYZ),%Zc&.--Zih`^eeZgiVaZcijZjm
egd\gVbbZ^c‚Y^i!b„aVci VjbdbZciYZWVei^hZgaZjgWViZVjgZcdbb‚ YZh\gVcYh!XdbbZaZXdcÃgbZ7ZgcVgYC^kZai! YZ@"8]VaaZc\Zkd^gZcXVYg‚#
XdjghZZc[adiiZZibViX] ;G6*,!@"8]VaaZc\ZYZkgV^iVccdcXZgjcZ\gVcYZ VgX]^iZXiZeg^cX^eVa/®BVY‚X^h^dcYZgZ_d^cYgZ 6egƒhYZjmVchYZb^hZZceaVXZ!@"8]VaaZc\ZkV
gVX^c\XdjghZ|YZjmWViZVjm# cdjkZaaZ/a¼‚fj^eZ[gVcV^hZZhid[ÃX^ZaaZbZci @"8]VaaZc\ZZhiaVg\ZbZcia^‚Z|a¼VXfj^h^i^dcYZXZh ZcÃcXdccVˆigZhdcWVei„bZYj[ZjZcigZaZhWdj‚Zh
:c\V\‚h/6a^c\]^Hj^hhZ! ^chXg^iZedjga¼6bZg^XV¼h8je'%%,#6jigZbZciY^i! WViZVjm#9¼jcZeVgi!^ahhdcibni]^fjZh!bV^hZceajh! YZa¼6bZg^XV¼h8jeXdcigZjcZXdcXjggZcXZYZigƒh
iZcVciYji^igZ!@"8]VaaZc\Z @"8]VaaZc\ZVkZgh‚aZb^aa^dcYZYdaaVghYZXVji^dc VkZXaZhcdjkZaaZhgƒ\aZh!cdjhVkdchejdWiZc^g ]Vjic^kZVj#JceVg^[djZig^hfj‚4®HVchg^hfjZh!
;gVcXZ!AZ9‚[^;gVcXZ!7BL Vjmdg\Vc^hViZjghhj^hhZhY¼68B6bZg^XV¼h8je aZhYdcc‚ZhYZXdcXZei^dcYZIZVbCZlOZVaVcY# dccZ[ZgV^i_VbV^hg^Zc!XdcXajiHi‚e]VcZ@VcYaZg#
DgVXaZGVX^c\wiVih"Jc^h! BVcV\ZbZci!hdbbZgZcYjZZc'%%,ZcXVhYZ >anVYZjmVch!idjhaZhVgX]^iZXiZhcVkVahYZaV A¼6bZg^XV¼h8jeb‚g^iZfj¼dchZYdccZYjbVaedjg
IZVbH]dh]dadoV6[g^fjZYj eVgi^X^eVi^dcZ[[ZXi^kZYjhncY^XVi|aV8djeZ# eaVcƒiZhZhZgV^ZciYVbc‚hedjgdWiZc^gYZiZah aVXdcfj‚g^g#6kZXcdjh!ZaaZcZhZgVeVhY‚jZ#¯N
HjYZi:b^gViZhIZVbCZl" 9ZgZidjgZc:jgdeZVegƒh&*(VchY¼Zm^aVjmwiVih" YdXjbZcih#¯9¼V^aaZjgh!@"8]VaaZc\ZedhhƒYZ 8;DEÑJ87KC;"³C7HI;?BB;
OZaVcYCdjkZaaZ"O‚aVcYZ# Jc^h!Zc6jhigVa^ZZiZcCdjkZaaZ"O‚aVcYZ!aZeajh
:chVkd^geajh/ k^Zjmigde]‚Zhedgi^[YjbdcYZh¼Veeg„iZ|k^kgZ!
lll#bV^g^Z"bVghZ^aaZ#[g hjghdcXdci^cZciY¼dg^\^cZ!jcZYZhZheajhWZaaZh
]iie/$$lll#VbZg^XVhXje#Xdb$[g eV\Zh#Hj^iZ|aVk^Xid^gZY¼6a^c\]^!‚fj^eZhj^hhZ!
ZcbVgh'%%(|6jX`aVcY!®a¼6bZg^XV¼h8je'%%, G:8=:G8=:9:8DCH:CHJH
kV„igZjc‚k‚cZbZciYdcidccZhdjedccZeVg
ZcXdgZaVedgi‚Z¯!Zmea^fjZHi‚e]VcZ@VcYaZg# 7kjekhZ[J^_[hhoF[fedd[jcƒZW_bb[Z[Xhedp[[j
EdjgaVegZb^ƒgZ[d^h!YZjm|igd^heg‚g‚\ViZhhZ Z½ehWkn@$E$Z['/.*[j'/..[d*-&"ia_ff[h[j
Y‚gdjaZgdciidjhaZhVchZcigZaZhXdcXjggZcih! XWhh[kh"A#9^Wbb[d][Whƒkd_Z[icWh_diZ[jWb[dj
VkVciaV\gVcYZÃcVaZVjeg^ciZbeh'%%,|KVaZcXZ gk_i[hedjj[ijƒibehiZ[ijhe_ifhƒhƒ]Wj[iZ[(&&*}
:heV\cZ#AVh‚g^ZXdbbZcXZXZlZZ`"ZcYVkZX CWhi[_bb[i[fj[cXh[[jLWb[dY[eYjeXh[$¯Cdjh
aZBVghZ^aaZAdj^hKj^iidc8je6XiZ&# ZhhVndcheajh^ZjghXdbW^cV^hdchY¼‚fj^eV\Zedjg
b^mZgaZhXdbe‚iZcXZhZiaZhcVi^dcVa^i‚h#?ZkZjmjc
®JciZVbbjai^XjaijgZa¯ kgV^XdchZchjh|WdgY°"Yed\_[J^_[hhoF[fedd[jgk_
9VchaZXdhijbZYZY^gZXiZjg\‚c‚gVaYZ WY^e_i_IƒXWij_[d9ebYecc[jWYj_Y_[d"b½kdZ[i
@"8]VaaZc\Z!dcgZigdjkZjceZi^iWdjiYZWdccZ fbki]hWdZi[ife_hiZ[bWle_b[\hWd‚W_i[$:[c…c["
;G6C8@HD8=6$@"8=6AA:C<:

[ZbbZ‚idccVci#A¼6b‚g^XV^cZ9VlcG^aZnV edh[jhekl[hW}XehZ7bX[hj@WYeXieed["kdZ[i
eVgi^X^e‚|igd^h6bZg^XV¼h8jeZia¼VgZbedgi‚ZZc <hWd‚W_ib[ifbki[nfƒh_c[djƒiZWdibW9ekf[$;j"}
&..'/®6j_djgY¼]j^!aVfjZhi^dcc¼ZhieajhYZhVkd^g LWb[dY["b½Wj^b„j[@[Wd=Wb\_ed[Yecc[m_dY^[kh
h^@"8]VaaZc\ZhZgVeg‚hZciZc'%%,!bV^heajiiYZ

(H:EI:B7G:'%%)

PDF généré avec les logiciels Sowedoo


'% 8=6AA:C<:EDAD

JcZ[Vb^aaZ[gVcV^hZ
VegdYj^i._djZjgh]VcY^XVe&%!
aZ\gVYZhjeg„bZVjedad°

AdgZb^ehjbYdadgh^i
VbZi!hZXiZijZg
VY^e^hX^c\Za^i!hZY
Y^Vbcdcjbbnc^W]
G6AE=6#8A:K:C<:G$8DG7>H

Zj^hbdYi^cX^Yjci
(H:EI:B7G:'%%)

PDF généré avec les logiciels Sowedoo


'&

²8=6CI>AAN!A68GÎB:

9JEDAD
JchedgiYZg^X]Zh!g‚hZgk‚|aV_Zi"hZi48¼Zhia¼^bV\ZfjZaZ
EdadXajWYZ8]Vci^aaniZciZYZX]Vc\Zg#>aVXXjZ^aaZ!Yj.Vj
VXi^k^i‚YjWdjg\0^ac¼VkV^ig^Zcigdjk‚YZb^Zjm
|[V^gZ###6j_djgY¼]j^!XZÃahY¼jcZbeadn‚YZh
CdjkZaaZhbZhhV\Zg^ZhYZaVegZhhZeVg^h^ZccZZhi
YZkZcjaZbZ^aaZjg_djZjg[gVcV^h#I]^ZggnK‚id^h!
&.hZeiZbWgZ!aZ,ZX]Vbe^dccViYjbdcYZ#²Y‚Xdjkg^g# aZYZjm^ƒbZViiVfjVci!ZhiÃahY¼djkg^Zgh0^aVej
VeegZcYgZaZedadZc‚X]Vc\ZYZhd^ch|YZh
X]ZkVjmY¼jcXajWYZHdad\cZ#BVi]^Zj9Za[dhhZ!

’
>aZhikgV^fjZaZedad[gVcV^h!XdcÃc‚ ]VW^ijZa!eajii®GdaVcY"<Vggdh¯fjZ®EH<¯# aZ®WVX`¯jai^bZY‚[ZchZjg!V‚i‚XdciVb^c‚eVg
YVchXZgiV^chXajWheg^k‚hZiYVchaZh A¼VbW^VcXZYZkgV^i„igZjceZjeajhhZgZ^cZ| hdceƒgZ!Zbeadn‚YZa¼:9;!fjZaVeVhh^dcYjedad
G:EÎG:H egdeg^‚i‚hYZfjZafjZh\gVcYZh 8]Vci^aan"6egZbdci#9Z-%%%|&%%%%heZXiViZjgh VXdcYj^i|Y‚b^hh^dccZgedjgdg\Vc^hZgaZh
,Z8]Vbe^dccViYjbdcYZ
[dgijcZh!c¼‚iV^ieVhigƒhVXXjZ^aaVci_jhfj¼Vadgh# hdciZhe‚g‚hedjgaVÃcVaZ!bV^haV[g‚fjZciVi^dc idjgcd^hYZBZ\ƒkZZiHV^ci"IgdeZo#Eg‚eVg‚heVg
YZedadYZaV;‚Y‚gVi^dc
8ZhedgiZhieajiiedejaV^gZYVchXZgiV^cZh Y‚eZcYgVYZhg‚hjaiVihYZa¼‚fj^eZYZ;gVcXZ! A^dcZaBVXV^gZ!aZbZ^aaZjg_djZjg[gVcV^hYZidjh
^ciZgcVi^dcVaZYZedad
Xdcig‚Zh#:cBdc\da^Z!eVgZmZbeaZ!d‘^aV‚i‚ fj^ZciVbZgVhdcX]Vbe^dccViXdcigZa¼6jhigVa^Z! aZhiZbeh^a[ji]VcY^XVe-ZiV_dj‚a¼DeZc
9j.Vj&.hZeiZbWgZ'%%)
VjEdadXajWYjYdbV^cZYZ ^ckZci‚+%%VchVk#?#"8#!^aZhiegVi^fj‚eVgaZh ÃcVa^hiZZc'%%&!aZkZcYgZY^&%hZeiZbWgZ# Y¼6g\Zci^cZ!aZh;gVcV^hZheƒgZciWdjhXjaZgaV
8]Vci^aan!|6egZbdciD^hZ cdbVYZhfj^c¼dcifj¼|ej^hZgYVchaZjgg‚hZgkd^g ]^‚gVgX]^ZbdcY^VaZ#;VXZ|a¼6c\aZiZggZ!cjb‚gd&
IdjhaZh_djgh|eVgi^g YZ)b^aa^dchYZX]ZkVjmedjg®h¼‚fj^eZg¯# ;^ahY¼Zbeadn‚hZiY¼djkg^Zg Zjgde‚ZcVj8]^a^!idbWZjgYZa¼6g\Zci^cZYVchaZh
YZ&)](%hVj[aZh&*Zi&+# :c6g\Zci^cZ!aZedadZhiaZYZjm^ƒbZhedgiYVch AZheZi^ih7aZjhc¼dcig^ZcYZYZhXZcYVcih eaVn"d[[h!djVj7g‚h^a!iZcVciYji^igZ!aZh7aZjhcZ
9Zb^"[^cVaZaZ&,!\gVcYZ aZhXVbeV\cZh/'%%%a^XZcX^‚hbV^hegƒhYZ YZ\gVcYZh[Vb^aaZh#7g^ZjXG^\Vjm!jc\‚c^Va hdcieVh[Vkdg^hbV^h^ahcZhdcieVhYj\ZcgZ
[^cVaZaZ&.hZeiZbWgZ +%%%_djZjgh#>cigdYj^ieVgaZh6c\aV^h·fj^Zjm" ViiVfjVci!c¼VfjZ&.Vch#8¼Zhijc\dhhZYjk^aaV\Z |igZbWaZgYZkVcijc6c\aV^h#N
CVi^dchfjVa^[^‚Zh/ b„bZhkZcV^ZciYZaZY‚Xdjkg^gYVchaZjgXdadc^Z Y¼6egZbdcid‘h¼Zhi^beaVci‚aZedadXajW!hZjaZ F7I97BH;D7KB:ED

6jhigVa^Z!EV`^hiVc!7g‚h^a! ^cY^ZccZ·|aVÃcYjM>MZh^ƒXaZ!aZedadVigdjk‚
8]^a^!wiVih"Jc^h!BZm^fjZ! ZcaVeVbeVaViZggZ^Y‚VaZedjghdc
6c\aZiZggZ!;gVcXZ# Y‚kZadeeZbZci#JcZheVXZhVcha^b^iZhd‘^a
IZcVciYji^igZ/7g‚h^a hj[ÃhV^iYZidcYgZjcgZXiVc\aZ|bd^cYgZ[gV^h
GZchZ^\cZbZcih/ Zid‘aZhegdeg^‚iV^gZhiZgg^Zchh¼ZccjnV^ZciaZ
EdadXajWYjYdbV^cZ
YZ8]Vci^aan
Y^bVcX]ZYVchaZjgh^bbZchZhZhiVcX^Vh#
8¼ZhiYZXZh[Vb^aaZhfjZhdcic‚ZhaZh\gVcYZh
A:HEG>C8>E:H9J?:J
9Zjm‚fj^eZhYZfjVigZ_djZjgh
& wfj^eZViiVfjVciZ wfj^eZY‚[ZcYVciZ 6( 6gW^igZh
I‚a#/%())+)%)(% YncVhi^ZhYZedadfj^[djgc^hhZciZcXdgZ hV[[gdciZci#6egƒhX]VfjZWji!aZh 6(
lll#edadXajWX]Vci^aan#Xdb Vj_djgY¼]j^aZhbZ^aaZjghegd[Zhh^dccZah ‚fj^eZhX]Vc\ZciYZXi‚Zi 7jih/
G‚hZgkVi^dch/;gVcXZ7^aaZi! YjbdcYZ#AZh=Z\jn!eVgZmZbeaZ!jcXaVc aVgZb^hZZc_ZjhZ[[ZXijZ YZjmediZVjm
VjXZcigZYjiZggV^c# 6' 6& kZgi^XVjm
;cVX!8VggZ[djg!<‚Vci dg^\^cV^gZYZHV^ci"E‚Z"hjg"C^kZaaZ!YVchaZEVnh (
9ZjmVgW^igZh|X]ZkVa ZheVX‚h
I‚a#/%-.'+.'+.) 7VhfjZ[gVcV^h#9Zej^haVegZb^ƒgZk^Xid^gZ YZ,!*%b
kZ^aaZciVjgZheZXiYZhgƒ\aZh! &)*b
lll#[gVcXZW^aaZi#Xdb Y¼6cidc^d!YVchaZbni]^fjZDeZcY¼6g\Zci^cZ jcigd^h^ƒbZ!VjWdgYYj hVchWVggZ
lll#XVggZ[djgheZXiVXaZh#Xdb Zc&.*-!aV[Vb^aaZ=Z\jnV®egdYj^i¯cZj[ iZggV^c!igVcX]ZZcXVhYVk^h ) ' & igVchkZghVaZ
lll#[cVX#Xdb ]VcY^XVeh&%aZ\gVYZhjeg„bZYVchXZiiZ Y^[[‚gZciZcigZaZhYZjmVgW^igZh
IVg^[h/|eVgi^gYZ&%æ Y^hX^ea^cZZiVig^dbe]‚|()gZeg^hZh|EVaZgbd! YZiZggV^c# ',*b
8dbbZcinVaaZg/ ^cXgdnVWaZhiVYZ!ZceaZ^c7jZcdh6^gZh!d‘hZ wfj^eZbZci AZhXdjeh
9ZEVg^hdjYZA^aaZ _djZaZidjgcd^aZeajhXdckd^i‚YZhegdh#8¼Zhi
eVga¼VjidgdjiZ6& "8djeYgd^i/hl^c\kZgh
YVchXZiiZ®XVi]‚YgVaZ¯fjZa¼dceZjibZhjgZgaV BV^aadiYZXdjaZjg 8VhfjZ aVkVci|Ygd^iZYjX]ZkVa
edejaVg^i‚YZXZhedgiZc6g\Zci^cZ#AZhYdjoZ
BV^aaZiZcWVbWdjZi "GZkZgh/hl^c\kZgh
bViX]ZhYZa¼DeZcY¼6g\Zci^cZhZY^hejiZci 8jadiiZWaVcX]Z i„iZZc]„igZYZ aVkVci|\VjX]Z
YZkVci&'%%%|&,%%%heZXiViZjghYVchjcZ &!'*b|&!(%bhZadc
VbW^VcXZeVhh^dcc‚Z#AdghYZhYZjmYZgc^ƒgZh aViV^aaZYjX]ZkVa#>a "7VX`|Ygd^iZdj|
7diiZhbVggdc cZhZi^ZcifjZYZaV \VjX]Z/XdjeYVkVciZc
ÃcVaZh!aZhhjeedgiZghYZCjZkV8]^XV\dZi[Vch Zi\Zcdj^aaƒgZh
EZi^iZWVaaZZcWd^h bV^cYgd^iZ# Vgg^ƒgZ
Y¼6Yda[d8VbW^Vhd!cjb‚gd&bdcY^Va!jcZhdgiZ
djZcEK8 YZhi^c‚|
YZO^YVcZYjedad!dci^bedgi‚aVXjaijgZ[ddi/ YZ-Xb gZidjgcZgaZ
eZgXjhh^dch![jb^\ƒcZh!ZckV]^hhZbZciYj 8]ZkVagVe^YZ!V\^aZZik^[ YZY^VbƒigZ _Zj
L6<

iZggV^c°XZfj^c¼VeVh[dgX‚bZciVbjh‚aZejWa^X

(H:EI:B7G:'%%)

PDF généré avec les logiciels Sowedoo


'' DBC>HEDGIH:C7G:;

9J)6J'+H:EI:B7G:!:C9>G:8IHJG:JGDHEDGI

’8N8A>HB:


&
IDJG9¼:HE6<C: AZdc '
7jg\dh
( )
EjZgidYZ OVgV\doV
CVkVXZggVYV
Hdg^V
A:ED>CI9:KJ:9: 7Z_Vg
6k^aV '%
AVKZ\V
*
?:6C";G6CvD>H7:GC6G9 &,
&- YZ6aXdWZcYVh +
8DCHJAI6CIEDJG BVYg^Y BdgZaaV
EaVhZcX^V &. 7Zc^XVgad
,
®AZhY^m hZeg‚hZciZXdbbZjc\gVcY '& 8VhiZaadcYZaVEaVcV
8VXZgZh 8daaVYd
:JGDHEDGI

egZb^Zgh_djgh gViigVeV\ZedjgXZjmfj^! K^aaVaWV - KVaZcXZ


YZXdjghZ! VccdcX‚hXdbbZYZhg^kVjmYZ &+ MVi^kV 6abjhV[Zh
_jhfj¼VjXdcigZ"aV"bdcigZ AVcXZ6gbhigdc\hjgaZIdjgYZ Da^kZcoV :hiVX^dcYZ
:hfj^aV8dkVi^aaV 6aXd^ .
egƒhYZKVaZcXZ!egdedhZciYZh ;gVcXZ!‚iV^ZcieVhh‚h|igVkZgh#
&% 6aidYZ6^iVcV
‚iVeZhYZeaV^cZ#BV^hYZaV&%Z| ?ZeZchZY¼VWdgY|GdWZgid MdggZiYZ8Vi^
aV'%Z‚iVeZ!dcXdbeiZ+‚iVeZh =ZgVhkV^cfjZjgYZaVKjZaiV HVcK^XZciZYZaGVheZ^\
YZbdciV\cZYdci(VkZX Zc'%%%Zi'%%(Zi|hdc‚fj^eZ &* &' &&
jcZVgg^k‚Z|eajhYZ'%%%b A^WZginHZ\jgdh!fj^Vjgdci 8VgVkVXVYZaV8gjo
Y¼Vai^ijYZ#?ZgZi^ZcYgV^hY¼VWdgY WZVjXdjeYZegZhh^dc#EVgb^ <gZcVYZ
aV&'Z‚iVeZedjghVY^[[^Xjai‚ aZh[Vkdg^h!InaZg=Vb^aidc &)
6abZg^V
VkZXa¼Vgg^k‚Z|8VaVg6aid# E]dcV`!igVcheVgZcihjgaZ BVaV\V
:chj^iZ!aZXdcigZ"aV"bdcigZ IdjgbV^hX]Vbe^dcdanbe^fjZ :a:_^Yd DWhZgkVidg^d6higdcdb^Xd
&( YZ8VaVg6aid
^cY^k^YjZaYZaVH^ZggVCZkVYV YjXdcigZ"aV"bdcigZ!VY‚_|
H^ZggVCZkVYV
fj^gZhhZbWaZ|a¼VhXZch^dc hVjk‚hVhV^hdcZiYZkgV^i
YjXdaYjAVjiVgZi/igƒhadc\ „igZjcYZhVc^bViZjghYZ
8dcigZ"aV"bdcigZ 8dcigZ"aV"bdcigZ
(%`bhVch„igZigƒhY^[[^X^aZ# aVXdjghZVkZX6aZmVcYZg wiVeZ IgVch[Zgi eVg‚fj^eZh ^cY^k^YjZa HdjgXZ/aVkjZaiV#Xdb
AZIdjgY¼:heV\cZaVKjZaiV K^cd`djgdkI"BdW^aZ#¯

?#D#'%%) &']ZjgZhZi&*b^cjiZh# eZghdccZh!}\‚ZhYZ'%| Yj9VcZbVg`!YZAdcYgZh!YZ


B;I87>7C7I;DJÌJ;± AVcVk^\Vig^XZ!fj^VkV^ifj^ii‚ ,)VchZikZcjZhYZhX^cf Aj\VcdHj^hhZ!Y¼JigZX]i
AVeZi^iZˆaZYZh8VgV‰WZh aZedgiYZ8]Vi]Vb Xdci^cZcihdcieg^haZY‚eVgiYZ EVnh"7VhZib„bZYj
eZjea‚ZYZ(%%%%%}bZh BVhhVX]jhZiih!wiVih"Jc^h aVXdjghZ# Fj‚WZXdci‚i‚Y‚edh‚Zh
iZgb^cZ&gZcVi^dcYZh?ZjmVj aZ(_j^c!VeVgXdjgj*%*'`b# VjegƒhYjY^gZXiZjg"VY_d^ciYj
XaVhhZbZciYZhb‚YV^aaZheVg AZgZXdgYYZaVigVkZgh‚ZZc ;DDI76AA Idjg!8]g^hi^VcEgjY]dbbZ#
]VW^iVci#<g}XZ|jcZb‚YV^aaZ hda^iV^gZYZa¼6iaVci^fjZCdgY 8EM?;IxB;9J?EDDx
Y¼dgZijcZYZWgdcoZ!ZaaZ ZhiY‚iZcjYZej^h&.-%eVg AZhdg\Vc^hViZjghVaaZbVcYh KD>A:
V[[^X]ZjciVjmYZ&!-( <‚gVgYY¼6Wdk^aaZZc,'_djgh# YZaV8djeZYjbdcYZYZ =H7D:FH?N:;<x97CF
b‚YV^aaZedjgjcZedejaVi^dc [ddiWVaa'%%+XdbeiZci @Vg^cZ;VjXdcc^Zge]didZi
B6G8:ABD8=:I$6;E

;6J<ÏG:$9EE>"H>E6

YZ&%%%%%eZghdccZhYZ&* BDCI6<C: hdaa^X^iZgaZ\gVi^cbdcY^VaYZ hdc‚fj^eZgZbedgiZciaZ


|()VchZc}\ZYZXdcXdjg^g KBJH7#JH7?B aVbjh^fjZedjgaZh[Zhi^k^i‚h <gVcYEg^mYZ;‚XVbehjgaZ
Vjm?#D##HZadcXZXVaXjaYj :KCEDJ#8B7D9 XjaijgZaaZh#AZhX]VciZjgh ig^bVgVcHZg\^dIVXX]^c^#AV
b‚g^iZeVg]VW^iVci!a¼6jhigVa^Z 8DJGH:C6JI>FJ: AZ;gVcV^hK^cXZci9ZaZWVggZ 9Vk^Y7dl^Z!EVjaH^bdcZi DBC>HEDGIH ajiiZVX]Vgc‚ZVkZX<gdjeVbV
Zhi'cYZVkZXhZh).b‚YV^aaZh B½7JB7DJ?GK;DEH: VgZbedgi‚aV'Z‚Y^i^dcYZ 7dcdhdciV^ch^YVchaZheZi^ih B½xBK;B=K;HHEK@ YZ;gVcX`8VbbVhVidjgc‚|
edjg'%b^aa^dchY¼]VW^iVcih# ³B7H7C; a¼JaigV"IgV^a!XdjghZ|e^ZYZc eVe^Zgh#EVgV^aaZjgh!Y¼Vegƒh AZBVgdXV^c!YdjWaZX]Vbe^dc a¼VkVciV\ZYZaVcVk^\Vig^XZ
AV;gVcXZdXXjeZaV')ZeaVXZ AV;gVcV^hZ6ccZFj‚b‚g‚ jcZ‚iVeZYZ&**`bVjidjgYj a¼]ZWYdbVYV^gZVaaZbVcY9Zg danbe^fjZ|6i]ƒcZhhjg [^c^hi‚g^ZccZfj^gZbedgiZhV
iVjmYZ%!'+YZXZXaVhhZbZci VVX]Zk‚!VjaVg\ZYZaV Bdci"7aVcX#>aV[gVcX]^&%Xdah He^Z\Za!aZX^c‚VhiZ?ZVc"AjX &*%%bZi*%%%bV‚i‚‚ajeVg 'Zk^Xid^gZYZaVhV^hdcVegƒhaV
Y‚bd\gVe]^fjZd‘a¼>cYZ 8]VgZciZ"BVg^i^bZ!hV |eajhYZ'%%%bY¼Vai^ijYZ <dYVgYY^g^\ZgVaZh hZheV^ghedjgh^‚\Zg|aV IgVchViFj‚WZX·HV^ci"BVad
[ZgbZaVbVgX]Z&b‚YV^aaZ igVkZgh‚ZYZa¼6iaVci^fjZCdgY edjgjcY‚c^kZa‚Xjbja‚YZ gZigVchb^hh^dchZcY^gZXiYZh Xdbb^hh^dcYZhVi]aƒiZhYj Y‚Wji_j^aaZi#EgdX]V^cgZcYZo"
Y¼Vg\Zciedjg&b^aa^VgY |a¼Vk^gdc!Zchda^iV^gZZihVch -*%%b!aZidjiZc'&]ZjgZhZi bViX]ZhY^[[jh‚heVgaVX]VˆcZ 8db^i‚^ciZgcVi^dcVa kdjhXZlZZ`"ZcY|aVIg^c^i‚"
Y¼]VW^iVcih# Vhh^hiVcXZ!Zc-,_djgh! +b^cjiZh#FjZafjZ&)*% [gVcXd"VaaZbVcYZ6giZ# danbe^fjZ8>D#Dg\Vc^h‚ hjg"bZgd‘ZaaZg‚\ViZgVhjg
eZcYVciaZh?Zjm!aZhXgji^cV YZheZi^ihXViVbVgVch[VXZ|
Vjhh^Y‚h^\c‚aZheg^ciZjg YZh\gVcYhcdbhYZaVkd^aZ
cVb^W^Zc;gVc`^Z;gZYZg^X`h! [gVcV^hZXdbbZB^X]Za

<DA9:CA:6<J:! aZaVcXZjgYZ_VkZadiiX]ƒfjZ
?VcOZaZocnZiaVcV\ZjhZ
9Zh_dnZVjm!Ad‰X`EZngdcZi|
cdjkZVj;gVcX`8VbbVh#
7GJM:AA:H!(H:EI:B7G: ‚\nei^ZccZGVc^V:alVc^#AZh
fjVigZcdjkZVjm‚ajh
AZh]‚gdhY¼6i]ƒcZhhZgdcieZji"„igZ[Vi^\j‚h#BV^higd^hY¼ZcigZ h^ƒ\ZgdcieZcYVci]j^iVch
Zjm!VegƒhVkd^ggZbedgi‚a¼dgdanbe^fjZ!kdciXdjg^gedjg VjegƒhYjeg‚h^YZciYZaV
a¼Vg\ZciXZkZcYgZY^VjbZZi^c\YZ7gjmZaaZh#AZ9db^c^XV^c Xdbb^hh^dc!HZg\jZ‰7jW`V#
;Za^mHVcX]Zoe]didhjg)%%b]V^Zh!aZig^eaZhVjiZjghj‚Yd^h
8]g^hi^VcDaahdcdjaVX]Vbe^dccZWV]Vb^ZccZYj)%%b 8N8A>HB:
L^aa^Vbh"9Vga^c\dciYdb^c‚idjhaZjghXdcXjggZcihXZiiZ B;JEKH:;IFHxJ;D:7DJI
hV^hdc#EdjggZbedgiZgdjhZeVgiV\ZgaVeg^bZYZ&b^aa^dcYZ H^meVnhhZhdciY‚_|egdedh‚h
7:CD>IHI>8=:A76JI$EDDAHK$9EE>

YdaaVgh!^aaZjg[VjiZcXdgZh¼^bedhZg|7gjmZaaZhZi|7Zga^cYVch
edjgdg\Vc^hZgjcZ‚iVeZYZ
E=>A>EE:B>AA:G:6J$9EE>

igd^hhZbV^cZh#AVhVjiZjhZZc]VjiZjghjY"V[g^XV^cZ=Zhig^Z
a¼‚Y^i^dc'%%*YjIdjgYZ
8adZiZ!b‚YV^aa‚ZY¼Vg\ZciZc<gƒXZ!XdbeaƒiZXZXVgg‚Y¼Vh#
HED7D<EB=E7I ;gVcXZ#9ZhYZbVcYZh
d[[^X^ZaaZhkZcVciYZ7Za\^fjZ!

(H:EI:B7G:'%%)

PDF généré avec les logiciels Sowedoo


'(
=D8@:N A¼VcX^ZcZcigVˆcZjgYZaV YZa¼Vgg^k‚Z!^aV‚i‚eaVfj‚ 
KD8KBB:E=7KJH?8KD7B
AZh[VjiZh\gVkZheZjkZcihZ
h‚aZXi^dcVc\aV^hZ!VcdWa^eVg
aVgZ^cZwa^hVWZi]>>Zc_j^c
XdcigZaZhWVgg^ƒgZheVgjc
heZXiViZjg^gaVcYV^h!jceg„igZ
96CDC:
g‚\aZgYZkVciaZhig^WjcVjm#
B„bZVj]dX`Znhjg\aVXZ#Jc
'%%'!‚iV^iVgg^k‚|HV^ci
?VbZh¼EVg`Zc&...#Hdc
Y‚[gdfj‚ZiY‚gVc\‚fj^VkV^i
Y‚_|[V^i^cigjh^dchjgaZX^gXj^i
C6I>DCH8JE
_djZjgYZh=Vb^aidc7jaaYd\h gZbeaVVciedjggV^i„igZ6aVc YZ;&YZH^akZghidcZ#B‚YV^aa‚ ®>a[VjiXgd^gZZchZhg„kZh¯/iZaZhiaZbdiY¼dgYgZ
kV„igZedjghj^k^e‚cVaZbZci H]ZVgZg!cVi^[YZCZlXVhiaZZi YZWgdcoZ|a¼Vgg^k‚ZbV^h YZaV9VcdcZCVi^dch8je#AVXdjeZ^ciZgcVi^dcVaZ
edjga¼V\gZhh^dcY¼jc 'ZbZ^aaZjgWjiZjgYj ]ZjgZjmYZhVeZg[dgbVcXZ! YZhWZc_Vb^chVjgVa^ZjaZ*hZeiZbWgZ!VkZXZc
VYkZghV^gZVjXdjghY¼jc X]Vbe^dccViaVhV^hdceVhh‚Z# A^bVgZXZkgVZcXdbeZchVi^dc ed^ciY¼dg\jZaV[^cVaZVjEVgXYZhEg^cXZh#8Z
bViX]YZA^\jZVb‚g^XV^cZYZ jcZhZXdcYZWgZadfjZedjg idjgcd^bdW^a^hZ('cVi^dch!(%%%%‚XdaZhZi&+%%%%
]dX`Znhjg\aVXZ6=A!hdjh" ?#D#'%%) hdcZheg^ihedgi^[# XajWh|igVkZghaZbdcYZ#EVggV^c‚ZeVgO^cZY^cZ
a^\jZYZaVC=A#AZ(%Vkg^a B;C7H7J>ED:K<7?H#FB7O O^YVcZ!A^a^VcI]jgVbdjZcXdgZaVhiVgWg‚h^a^ZccZ
YZgc^Zg!adghYZaVgZcXdcigZ AZ8db^i‚^ciZgcVi^dcVa ;DDI76AA GV^!XZiiZXdbe‚i^i^dchZgVa¼dXXVh^dcYZkd^gaZh
deedhVciaZh=Vb^aidc danbe^fjZ8>DVViig^Wj‚aV B;¯<?D7B;°;D eajh\gVcYZhcVi^dchYj[ddiWVaa7g‚h^a!EVnh"7Vh!
7jaaYd\h|8aZkZaVcY!a¼V^a^Zg b‚YV^aaZE^ZggZ"YZ"8djWZgi^c 9>7CF?EDIB;7=K;
6g\Zci^cZ!;gVcXZh¼V[[gdciZghdjhaZh^\cZYj[V^g"
eaVn!YjgZheZXiZiYZa¼Vb^i^‚#EajhYZ*%%Zc[Vcih
`VoV`]6aZmVcYZgEZgZo]d\^c VjbVgVi]dc^ZcWg‚h^a^Zc ;djgc^hhZjgd[[^X^ZaYZej^h
}\‚hYZ&%|&'Vchkdcik^kgZaZjgeajhWZVjg„kZ#
VkV^iVhh‚c‚jck^daZciXdjeYZ KVcYZgaZ^A^bVe]did!®Zc fjVigZVchYjWVaadcYZaV
XgdhhZVjk^hV\ZY¼jc gZXdccV^hhVcXZYZhdc 8]Vbe^dchAZV\jZ!6Y^YVhV 9^bVcX]Z*hZeiZbWgZ!YZ.](%|&,](%#:cig‚Z'!*%æ\V^ch
gZkZgh‚h|a¼6hhdX^Vi^dcZjgde‚ZccZXdcigZaZhaZjXdYnhigde]^Zh#
VYkZghV^gZ#AZ7jaaYd\g^hfjZ ZmXZei^dccZaaZY‚bdchigVi^dc eg‚hZci‚aZcdjkZVjbdYƒaZ GZchZ^\cZbZcihZig‚hZgkVi^dch/lll#YVcdcZXje#Xdb

96CDC:
Y‚hdgbV^hYZejg\Zg&-bd^h YZ[V^g"eaVn¯#:ci„iZYZaV WVei^h‚®;^cVaZ¯#²a¼^bV\ZYj
YZeg^hdcedjgXdjehZi XdjghZ|fjZafjZh`^adbƒigZh bdYƒaZGdiZ^gd!WVaadcd[[^X^Za
WaZhhjgZh# YZa¼:jgd'%%)!aVhjg[VXZZhi
a^hhZZijc^[dgbZ!aZheVccZVjm YZaVY^hX^ea^cZa¼VceVhh‚! 9Zgc^ZggZcYZo"kdjhY‚X^h^[Zc <g}XZ|hVk^Xid^gZZcXdjeZYZ
;DDI76AA hdcihVchXdjijgZVeeVgZciZ# HVcYg^cZAZkZih¼ZhiVY_j\‚ 8]^cZaZh')Zi'*hZeiZbWgZ# Gjhh^Z[^cbV^!<gdocnh¼‚iV^i
I?HHE8IEDB?CE=x 9ZXdjaZjggdj\Z!^aZhiY‚_| jcZ'Zk^Xid^gZYVchaVXdjeZ fjVa^[^‚edjgaZidjg
FjVigZbViX]ZhhdaY‚heVg Y^hedc^WaZeVgidjiYVchaZ YjbdcYZZcYZjmVchVkVci ;DDI76AA eg‚a^b^cV^gZYZaVXdjeZYZ
YZjmcjahZiYZjmY‚[V^iZhdci bdcYZ|jceg^mYZkZciZ b„bZaV[^cYZaVhV^hdc\g}XZ =HEPDO:x9EKLH; a¼J:;6!gZbedgi‚YZkVciaZh
hj[[^|aVY^gZXi^dcYjXajWYZ Veegdm^bVi^[YZ&&%æ# |jcZk^Xid^gZ|7VgYdccƒX]Z B½;KHEF; EdadcV^hYjAZX]EdocVc#AZh
CZlXVhiaZedjga^bd\Zgh^g Zc>iVa^Z#8]ZoaZh]dbbZh! Igd^hVchhZjaZbZciVegƒhhdc _djZjghiX]‚iX]ƒcZhgZXZkgdci
7dWWnGdWhdc#>aeVnZVjhh^aZ :H86A69: 9Vc^ZaYjAVX!VegƒhhVk^Xid^gZ gZidjgYVchaZhXdbe‚i^i^dch aZ&+hZeiZbWgZaZhHj^hhZhYj
igVch[ZgibVcfj‚Yj_ZjcZ 9EKF;:KCED:;:;8BE9 YVchaVbVcX]Z^iVa^ZccZ!Zhi d[[^X^ZaaZhYZ[ddiWVaa!aZXajW ;87}aZ!|Zck^gdc'%%`bYZ
^ciZgcVi^dcVaLVncZGddcZn! 9Zjm;gVcV^hViiZ^\cZciaZh VjXdjYZ"|"XdjYZVkZX i]‚iX]ƒcZYjIZgZ`<gdocn <gdocnd‘aZhV[[gdciZbZcih
I>BDI=N8A6GN$6;E

a¼ViiVfjVciY¼:kZgidcXdckd^i‚ hdbbZihYZaV8djeZYj a¼6jig^X]^Zc;^h]jWZgZci„iZ h¼Veeg„iZ|Y^hejiZgaZegZb^Zg hZedjghj^kZciZcXdgZfjVh^


eVgBVcX]ZhiZgJc^iZY# bdcYZYZWadX#C•&bdcY^VaZ YjXaVhhZbZcibdcY^Va# idjgYZaVXdjeZYZa¼J:;6# fjdi^Y^ZccZbZci#

(H:EI:B7G:'%%)

PDF généré avec les logiciels Sowedoo


') ;G::HINA:76H:?JBE

JchVji|&%%%b
fj^eZjiYjgZgeajh
YZ'%hZXdcYZh
H>ICDIJB9DADG:B>EHJBC:I

I>IG:D76G

A6IËI:96CH
A:H;?DG9H
H:7A:DC$G>9:A>;:

(H:EI:B7G:'%%)

PDF généré avec les logiciels Sowedoo


'*

:CH6KD>G
EGw8>H>DC
76H:ZhijcVXgdcnbZVc\aV^hY‚iZgb^cVci
aZhfjVigZ®dW_Zih¯Y¼d‘jc76H:_jbeZg
eZjih¼‚aVcXZg#®7¯edjg®7j^aY^c\h¯!
X¼Zhi"|"Y^gZc¼^bedgiZfjZaW}i^bZci#®6¯
edjg®6ciZccV¯!jcZidjgcdc"]VW^i‚Zdj
jcZhigjXijgZiZaaZfj¼jcZ\gjZ#®H¯edjg
®HeVc¯!jcdjkgV\ZXdbbZjcedcidjjcZ
VgX]Z#®:¯edjg®:Vgi]¯!jcZodcZYZhVji
cVijgZaaZXdbbZjcZ[VaV^hZ#JcZVjigZ
kZgh^dciZ^ci‚ZY¼]jbdjgcd^gigVYj^i76H:
V^ch^®7dcZh6cYH]^i:kZgnl]ZgZ¯!
®YZhdhZiYZhY‚X]ZiheVgidji¯#

=>HIDG>FJ:
H¼^aZhiedhh^WaZYZXdch^Y‚gZgXZgiV^chhVjih

H:7A:DC$G>9:A>;:
Y¼VkZcijg^ZghYjY‚WjiYjMMZh^ƒXaZfj^
h¼‚aVcXƒgZciYZaVhiVijZYZaVA^WZgi‚djaV
Idjg:^[[ZaXdbbZYZhhVjihYZ76H:_jbe!
^a[VjiViiZcYgZ&.,+edjgVhh^hiZg|aV
H¼‚aVcXZgYZheajh]VjiZh[VaV^hZhY¼:jgdeZedjgk^c\i cV^hhVcXZYj76H:_jbebdYZgcZVkZXjc
egZb^ZghVjiigƒhb‚Y^Vi^h‚ej^hfj¼^ah¼V\^i
hZXdcYZhYZX]jiZa^WgZVj"YZhhjhYZh[_dgYh#:cCdgkƒ\Z! YZaVh‚fjZcXZY¼djkZgijgZYj?VbZh7dcY
A¼:he^dcfj^b¼V^bV^i!d‘a¼dckd^iG^X`
@_ZgV\ZihdcbVhh^[YZ\gVc^iZYZ&%%%bY¼Vai^ijYZVii^gZ HnakZhiZgh¼‚aVcXZgYjbdci6h\VgYVj
8VcVYV#E^dcc^Zg!8Vga7dZc^h]V[^ab‚Yƒh
aZh76H:_jbeZghYjbdcYZZci^Zg# &.,-hZhegZb^ZghhVjihYZej^haZh[VaV^hZh
Y¼:a8Ve^iVc!YVchaZNdhZb^iZ#>ae‚g^iYVch
aZh[VaV^hZhcdgk‚\^ZccZhZc&.-)#

’
®9¼VWdgY!a¼^begZhh^dcY¼Vgg^kZgVjWdji ²@_ZgV\!d‘aZ76H:_jbehZegVi^fjZYZej^h&..)!
YZa¼:jgdeZ!VkZXYZh[_dgYh|eZgiZYZkjZ# dcXdbeiZ++VXX^YZcih!Ydci-bdgiZah!edjgeajh
Ej^h!ZcViiZ^\cVciXZiiZkVaa‚Z!aV
Y‚XdjkZgiZYZYZjm[VaV^hZh!XdbbZXdje‚ZhVj
XjiiZg!fj^hZ_ZiiZci!kZgi^XVaZh!YVchaVbZg#9j
YZ&*%%%hVjih#AZh^c^higZe^XYZ&...Zi'%%%
&.*%hVjih!&*VXX^YZcih!'bdgihXdggZhedcYVj
WddbYZXZiiZegVi^fjZ#A¼Vcc‚ZYZgc^ƒgZ!hZjah
>CI:GC:I
mmm$[njh[c[XWi[$Z[
Y‚a^gZwidjgY^hhVci!Vjed^ciY¼Vkd^gaZkZgi^\ZVjhda# *VXX^YZcih!cdcbdgiZah!dci‚i‚gZXZch‚h#A|"WVh! 9¼ZmXZaaZciZhk^Y‚dhZie]didhY^hedc^WaZh#
?¼VkV^hbVaVjXdj|[dgXZY¼VYb^gZgXZhYZjmbjghYZ idjiZhiidjgc‚kZghaVegVi^fjZYZXZiiZY^hX^ea^cZ Jc[dgjbigƒh[g‚fjZci‚edjgedhZgYZh
&%%%bfj^bZYdb^cV^Zci#?ZbZhZciV^hXdbbZjcZ Zmig„bZ#6jWVhYZh[VaV^hZh!jcWViZVjg‚XjeƒgZ fjZhi^dch#:iYZha^ZchkZghidjhaZhh^iZh
[djgb^Vjb^a^ZjY¼jcZWV^\cd^gZ¯:iaV[djgb^YZ aZhhVjiZjgh#JcZYZb^"]ZjgZYZkd^ijgZZi|eZ^cZ ZhhZci^ZahXdchVXg‚hVj76H:?jbe#
bdciZgX]ZgX]ZghZh'%hZXdcYZhYZX]jiZa^WgZ# eajhY¼jcZ]ZjgZYZbVgX]ZeajhiVgY!aZhgZkd^a|Zc mmm$XWi[#`kcf$Yec
H`^ZjgZmig„bZ‚b‚g^iZZibjai^eaZb‚YV^aa‚Vjm ]VjiYZaV[VaV^hZ#®8¼ZhiVjhh^edjgX¼ZhiVheZXi A¼VhhdX^Vi^dc[gVcV^hZYZ76H:#HZgZchZ^"
M"<VbZh!:cV`<VkV\\^d!',Vch!c¼VeVhedjg egVi^fjZfjZa¼dcX]d^h^iYZ[V^gZjcgdVY"ig^eZc \cZghjgidjhaZhhedihXZgiV^chhdci^ciZg"
]VW^ijYZYZaV^hhZgeVhhZgaZhigV^ch#EajiiYj XVbe^c\"XVg_jhfj¼ZcCdgkƒ\Z¯!Zmea^fjZ9Zc^h Y^ih#9ZhXdchZ^ahedjgW^ZcY‚WjiZg!b„bZ
\ZcgZ|h¼nV\g^eeZgZcgdjiZ#BZXfjZYj76H: GV[[Vjai!dg\Vc^hViZjgYjkdnV\Z!_djgcVa^hiZ!g^YZg h¼^aZhiVXfj^hfjZaVegVi^fjZYj76H:
_jbeYVchaZbdcYZ!@_ZgV\Zhijchediedjgaj^ ZiXg‚ViZjgYjiZVb#®AZh\Vghc¼dciZcXdgZfj¼jcZ YZbVcYZjcZ^c^i^Vi^dceVgi^Xja^ƒgZ#
ZiedjghZhYZjmediZh!aZh`^ZjgAVjgZciC^daZi eZi^iZZme‚g^ZcXZZc76H:_jbe!edjghj^i"^a!XZhdci FjZafjZha^ZchW^Zcji^aZh#
aZhcdlWdVgYZgH‚WVhi^Zc8dfj^aaVgY#CdnVjYjg VkVciidjiYZhh`^Zjghfj^kZjaZcihZgVeegdX]ZgYj
Y¼jcZ‚fj^eZYZX]VhhZjghYZhZchVi^dch[dgiZh 76H:XVgX¼ZhijchjeZgWZhedgiYZbdciV\cZ!igƒh
VjcdbigƒhZmea^X^iZ!®vVZckd^ZYj\gdh¯#

AZg^hfjZZhidbc^eg‚hZci
ejg#¯AdghYZXZhY^m_djgheVhh‚hZcCdgkƒ\Z!^ah
c¼dciejg‚Va^hZgfjZh^mhVjih#AV[VjiZ|jcZ
b‚i‚dXVeg^X^ZjhZVkZXaVfjZaaZ^acZ[VjieVhÄ^giZg#
@?:G6<
IdjiZhaZh^c[dgbVi^dchedjgh¼ngZcYgZ
Kd^a|YdcXa¼‚fj^eZZcCdgkƒ\Z!®edjghZY‚iZcYgZ ®DcZhiYZhWVhZghdXXVh^dccZahZi!|X]VfjZ[d^hfjZ Zih¼nad\Zghjglll#WVhZ`_ZgV\#Xdb
VegƒhaVhV^hdcY¼]^kZg¯!VjWdgYY¼jcZ[VaV^hZYZ a¼dchVjiZ!X¼Zhiigƒhej^hhVci#Dc\VgYZaZgZXja >aZhiYZbVcY‚jcb^c^bjbYZ(%%hVjih
&%%%b#Eg„ihedjgaZY‚XdbeiZ#(°'°&°76H: hj[ÄhVciedjg„igZh’gYZXZfjZa¼dc[V^i#AZYVc\Zg Ydci'%YVchaZh+YZgc^Zghbd^hedjg
®8¼ZhikgV^fj¼dcYZk^Zcik^iZZje]dg^fjZ#9¼]VW^ijYZ! XdbbZcXZfjVcYijViiZ^chjcWdcc^kZVjZifjZij edjkd^gh¼‚aVcXZgYj]VjiYZh[VaV^hZh#
X]Zocdjh!|7djg\"HV^ci"BVjg^XZ!dchVjiZYZ iZaV^hhZhVaaZg!VcVanhZ:cV`#?¼VYdgZXZiiZhZchVi^dc 8]VfjZhVjiZjgYd^ih¼VXfj^iiZg
[VaV^hZhYZ&*%b#@_ZgV\ZihZh&%%%b!X¼ZhijcZ YZk^iZhhZ!a¼VXX‚a‚gVi^dcfjZijgZhhZch#8ZbdbZci! Y¼jc[dg[V^iedjghVjiZg#
VjigZY^bZch^dc#>X^!dceZjiZ[[ZXijZgYZhhVjihYZ Vegƒha¼^bejah^dc!d‘ijiZhZchVhe^g‚eVgaZk^YZZi H^kdjhVkZobd^chYZ&*hVjihZc76H:
eajhYZ'%hZXdcYZhYVchjcY‚XdgZc^kgVci#¯:cV` fjZijkd^haVeVgd^Y‚ÄaZg|idjiZk^iZhhZ#¯Jc_Zj _jbe!^aZhidWa^\Vid^gZYZeVhhZgjcZ
cZXVX]ZeVhhdcZci]djh^VhbZZih¼ZbegZhhZ g‚hZgk‚|jcZ‚a^iZYZhVjiZjghVnVciVjbd^ch [dgbVi^dcY¼jcZ_djgc‚Z#
Y¼‚kdfjZgaZhbd`ZeVci#®8ZgiV^chhVjiZjgh (%%hVjihY¼Vk^dc#JcZ[Vb^aaZVjhZ^cYZaVfjZaaZ EajhY¼^c[d/k^W`cjih5dca^cZ#cd
h¼VbjhZci|[V^gZYZhigdjhVkZXaZjgX^\VgZiiZYVch :cV`ZihZhVb^hdciedh‚aZjghheVijaZh!VkZXaV djVj%%),*&--&'&%
YZheVciVadchYZe„X]ZZcid^aZedjgfjZa¼V^gh¼n Y‚XdcigVXi^dcYZg^YZgh]VW^ij‚h|WgVkZgaZh
Zc\dj[[gZZiaZ\dcÅZ#>aheZjkZciV^ch^Y‚g^kZgeajh YVc\ZghYZaVbdciV\cZ#®:cX]jiZa^WgZ!h^ij
adc\iZbeh!gVaZci^gaZjgX]jiZ#¯²@_ZgV\!‚fj^e‚h
YZaZjghbd`ZeVci!aZhbZ^aaZjgh[gaZciaZh
(%hZXdcYZh#AVY‚g^kZeZgbZi‚\VaZbZciVj
gZheZXiZhaZhegdX‚YjgZh!^acZeZjig^Zci¼Vgg^kZg#
:c76H:_jbe!ijV_djiZhjc[VXiZjgg^hfjZ#EajhaZh
[VaV^hZhhdcieZi^iZh!eajhaZhhVjihhdciV\gZhh^[h#
B6IwG>:A
AVbV_dg^i‚YZh76H:_jbeZghY^hedhZci
hVjiZjgYZh¼‚ad^\cZgYZaVeVgd^ZiY¼‚k^iZgidjiZ IjVhfjZafjZhb^aa^ƒbZhYZhZXdcYZedjgW^Zcg‚V\^g Y¼jcbVi‚g^Zahe‚X^[^fjZ!Y^[[‚gZciYZXZaj^
bVjkV^hZhjgeg^hZVjbdbZciYZa¼djkZgijgZYj |jcZh^ijVi^dcYVc\ZgZjhZ#:iijhV^hXZfjZijYd^h ji^a^h‚eVgaZhVbViZjghYZX]jiZa^WgZ#
eVgVX]jiZ#JcbVjkV^hea^V\Z!jcXdjeYZkZci!jcZ [V^gZ#²h`^!a¼VkVaVcX]ZZhi^beg‚k^h^WaZ#8¼Zhiedjg EdjgaZhVXZiaZeVgVX]jiZ^a[VjiXdbeiZg
bVjkV^hZedh^i^dc!ZiaZhVjiZjghZgZigdjkZegd_Zi‚ VfjZ_¼V^bd^cheZjgZc76H:#¯N Zck^gdc(%%%æ#
XdcigZaVeVgd^°hVcheVgVX]jiZYZhZXdjgh# 9>H?IJEF>;7BEDIE lll#VYgZcVa^cWVhZ#Xdb

(H:EI:B7G:'%%)

PDF généré avec les logiciels Sowedoo


'+ DJI9DDGHEDGI:I:C;6CIH

EgVi^fjZgjcZVXi^k^i‚hedgi^kZ
Xdcig^WjZ|a¼‚eVcdj^hhZbZci
YZa¼Zc[Vci
E6IG>@<>6G9>CD$8DG7>H

(H:EI:B7G:'%%)

PDF généré avec les logiciels Sowedoo


',

FJ6C9A:HE6G:CIHH:;DCI
¹:CIG6ÐC:JGHº

A:HEDGI!
JC?:J
9¼:C;6CI
Fj^Y^igZcig‚ZY^igZidjgVjmVXi^k^i‚h^ciZaaZXijZaaZhZiVjmV[[V^gZh
hijY^ZjhZh#6XXVWa‚hhdjhaZed^YhYZhegd\gVbbZhhXdaV^gZh!
8DCI68IH
Jc^dchedgi^kZYZa¼ZchZ^\cZbZci
YjegZb^ZgYZ\g‚Zia¼Jc^dc[gVcV^hZ
aZhZc[VciheZjkZcihZY‚[djaZghjgaZhiZggV^chdjYVchaZh\nbcVhZh# YZh¶jkgZhaV‰fjZhY¼‚YjXVi^dce]nh^fjZ
(!gjZG‚XVb^Zg",*()&EVg^hXZYZm%,
BV^hfjZahedgiX]d^h^g48Zaj^fj¼^ahV^bZciZiXZaj^°fj¼^aaZjg[Vji# I‚a#/%&)(*-.,,&";Vm/%&)(*-.,,)
lll#jhZe#dg\"lll#j[daZe#dg\

’
®AZhZc[VcihV^bZciZidciWZhd^cYZWdj\Zg¯! kdjhedjkZo[V^gZaZidjgYZhXajWhYZkdigZfjVgi^Zg# ;‚Y‚gVi^dchedgi^kZZiXjaijgZaaZYZ;gVcXZ
V[ÃgbZ<V…aaZ8daadbW!ehnX]dad\jZYjhedgi EZjYZhedgihhdciXdcigZ"^cY^fj‚hVjmeZi^ih# ''!gjZDWZg`Vbe[",*%&&EVg^h
ZiYZa¼Zc[Vci#®EdjgaZheZi^ihk^kVci|aV :cYZ]dghYZaVbjhXjaVi^dcZiYZa¼]Vai‚gde]^a^Z! I‚a#/%&)((-*%*,";Vm/%&)(&)%++*
XVbeV\cZ!a¼^chXg^ei^dcYVchjcXajWc¼ZhieVhk^iVaZ fj¼^ac¼ZhieVhegjYZciYZegVi^fjZgVkVcia¼}\ZYZ lll#[hX[#Vhhd#[g
XVg^ahigdjkZcijciZggV^cYZ_ZjidjiVjidjgYZX]ZoZjm &,Vch!ZcgV^hdcYZhg^hfjZhYZa‚h^dchYZhXVgi^aV\Zh
bV^hedjgYZeZi^ihX^iVY^ch!ZaaZZhi^bedgiVciZ¯! YZXgd^hhVcXZ!aVfjVh^"idiVa^i‚YZhVjigZhVXi^k^i‚h Jc^dccVi^dcVaZYjhedgihXdaV^gZ
gZegZcY"ZaaZ#>cY^heZchVWaZhVjY‚kZadeeZbZci ZhiW‚c‚ÃfjZ#®6jigZ[d^h!dcXdchZ^aaV^iVjmZc[Vcih )+!gjZEVja"7ZabdcYd",*%&'EVg^h
]Vgbdc^ZjmYZa¼Zc[Vci!aZhY^hX^ea^cZhhedgi^kZh [gV\^aZhYjX¶jgY¼‚k^iZgaZhedgi#6j_djgY¼]j^!dch¼Zhi I‚a#/%&)+'-&*&*";Vm/%&)+'-%..%
c‚XZhh^iZciidjiZ[d^hY¼„igZX]d^h^ZhYZbVc^ƒgZ gZcYjXdbeiZfjZX¼‚iV^ijcZVWZggVi^dc#6egƒhjciZhi lll#jchh#dg\
g‚Ä‚X]^Z#8Zc¼ZhieVheVgXZfjZaZkd^h^c_djZ |a¼Z[[dgi!Zihdjhg‚hZgkZY¼jchj^k^g‚\ja^Zg!dcZcXdjgV\Z
Vj[ddiWVaafjZkdigZZc[VciigdjkZgVhdcWdc]ZjgVjegƒh aZh_ZjcZheVi^Zcih|hZY‚eZchZgXdbbZaZhVjigZh# ;‚Y‚gVi^dc[gVcV^hZYjhedgiVYVei‚
YZh‚bjaZhYZO^odj#Edjg<V…aaZ8daadbW!aVegZb^ƒgZ DcaZhdg^ZciZeajhkdadci^ZghkZghYZhhedgihY¼ZcYjgVcXZ .!gjZ?ZVc"9VjY^c",*%&*EVg^h
bdi^kVi^dcYjX]d^mYd^i„igZaZeaV^h^g#AZhh‚VcXZh a‚\ƒgZfjZkZghYZhVXi^k^i‚hk^daZciZh¯!gZXdccVˆi I‚a#/%&)',(.%%%";Vm/%&)',(.%&%
Y¼ZhhV^hegdedh‚Zh\gVij^iZbZcieVgaVbV_dg^i‚ E]^a^eeZGdjhhZVj!XVgY^dad\jZZihedgi^[VbViZjg# lll#[[hV#Vhhd#[g
YZhXajWheZgbZiiZciYZhVkd^gVhhZoeg‚X^h‚bZci
h^jchedgiXdck^ZcidjeVh# AZhedgiX¼ZhiaVhVci‚ ;‚Y‚gVi^dc[gVcV^hZ]VcY^hedgi
®6kVcia¼}\ZYZ,Vch!^ac¼ZhieVhhdj]V^iVWaZ ®BZhXdaaƒ\jZhfj^dciZcX]Vg\ZYZ_ZjcZhVhi]bVi^fjZh ))!gjZAdj^h"Ajb^ƒgZ",*%'%EVg^h
YZegZcYgZYZhZc\V\ZbZcihYZeajhY¼jcig^bZhigZ# hj^kZciaVb„bZgƒ\aZ#wk^YZbbZci!^ah‚k^iZciYZ[V^gZ I‚a#/%&)%(&)*%%";Vm/%&)%(&)*)'
:chj^iZ!a¼Zc[VciYd^iXdbegZcYgZfj¼^a[Vji[V^gZ Xdjg^gaZhZc[VcihZce‚g^dYZYZedaa^c^hVi^dc# lll#]VcY^hedgi#dg\
YZhX]d^mYVchaVk^Z!fj¼^a[VjiiZgb^cZgaZhX]dhZh BV^h^ahXdck^ZccZcifjZa¼Z[[dgie]nh^fjZW^ZcZbeadn‚
fjZa¼dcY‚WjiZ#JcZ[d^hfjZa¼Zc[VciVXdbbZcX‚ ZhiegdÄiVWaZ¯!gZegZcY"^a#Dcc¼VjgV^ieVha¼^Y‚ZYZ
jcZY^hX^ea^cZ!^aZhi^bedgiVcifj¼^aV^aaZ_jhfj¼VjWdji¯! XdchZ^aaZgaZhfjVh]|jcXVgY^VfjZ#9ZaVb„bZ[Vdc!
Zmea^fjZ<V…aaZ8daadbW#;dgihYZXZhYZjmeg^cX^eZh! XZgiV^cZhY^hX^ea^cZhhZbWaZciidjicVijgZaaZbZci ’

(H:EI:B7G:'%%)

PDF généré avec les logiciels Sowedoo


'- DJI9DDGHEDGI:I:C;6CIH

6j_djgY¼]j^eajhYZ_Vadjm/
’ g‚hZgk‚Zh|XZgiV^cZhbdge]dad\^Zh!|XZgiV^cZh
aZh[^aaZhZiaZh\Vgdch
XVi‚\dg^ZhY¼}\Z#6^ch^!X¼ZhijcZaVeVa^hhVYZ!
aZh\gVcYhhZgdcieajheZg[dgbVcihZcWVh`Zi egVi^fjZciaZhb„bZhhedgih
djZckdaaZn!aZheZi^ihZc\nbcVhi^fjZ°
DchZYd^ibVa\g‚idjiYZedhZgjcW‚bda#
AZhedgi!bVaegVi^fj‚!eZjiYZkZc^gdW_Zi
YZ[gjhigVi^dch#H^kdjhg„kZoYZ[V^gZYZkdigZ
eZi^iYZgc^ZgaZX]Vbe^dcfjZkdjhc¼VkZoej
„igZ!X¼Zhi|hZhg^hfjZhZie‚g^ah

<VgZVjhjgbZcV\Z
®Edjg[V^gZeaV^h^g|hZheVgZcihfj^aZedjhhZci
|aVXdbe‚i^i^dc!jcZc[VciXdci^cjZgVb„bZ
h¼^aZcVVhhZo#BV^hXZiiZh^ijVi^dceZjieVg[d^h
Xg‚ZgYZhigdjWaZh#9ZcdbWgZjmb‚YZX^ch
b¼Zckd^ZciYZh_ZjcZhfj^cZeg‚hZciZciVjXjc
egdWaƒbZb‚Y^XVabV^hfj^!^cXdchX^ZbbZci!
aVcXZciYZhbZhhV\ZhYZgVh"aZ"Wda|aZjgh
eVgZcih#8ZaVhZigVYj^iZcigZVjigZheVgYZh
WaZhhjgZh|g‚e‚i^i^dc¯!XdchiViZ<V…aaZ8daadbW#
<VgZVjhh^VjhjgbZcV\Z#EdjgaZhZc[Vcih
YZ-Vch!fjVigZ|h^m]ZjgZheVghZbV^cZ
hdcijcbVm^bjb#²a¼}\ZYZ&'Vch!dceZji
ZcXV^hhZgh^m|]j^i]ZjgZhYZhedgieVg
hZbV^cZ!ZibdciZg_jhfj¼|]j^i|Y^m]ZjgZh
adghfjZa¼Zc[VciViiZ^cia¼}\ZYZ&)Vch#
AZidjiZceg^k^a‚\^VciW^Zch’gaZh
ZcigVˆcZbZcihajY^fjZh#Dcc¼djWa^ZgVeVh!
‚\VaZbZci!fjZaZhedgiZhi|a¼dg^\^cZ
YZ))YZhVXX^YZcihYZaVk^Zfjdi^Y^ZccZ
YZh&%"')VchZcfj„iZg‚Va^h‚ZVjegƒhYZ
'-8V^hhZheg^bV^gZhY¼VhhjgVcXZbVaVY^Z
ZcigZ&.-,Zi&..*#BV^h!hjgidjieVhYZ
eVc^fjZ/aZhZ[[Zihedh^i^[hhdciaVg\ZbZci
hje‚g^ZjghVjmg^hfjZhZcXdjgjh#

6gb‚edjgV[[gdciZga¼‚XdaZ
Fjd^fj¼^aVgg^kZ!<V…aaZ8daadbWh¼VXXdgYZ
VkZXaZYdXiZjgB^X]Za7^cYZg!e‚Y^VigZ!
b‚YZX^cYjhedgiYZa¼Zc[VciZiYZa¼VYdaZhXZci
|aV8a^c^fjZYjhedgiYZEVg^h!hjgaZ[V^i
G6DJAB>CH6GI$8DG7>H

fj¼^a[VjiaV^hhZg|a¼Zc[VciaZa^WgZX]d^m
YZegVi^fjZga¼VXi^k^i‚fj^aj^eaVˆi#
®:cigZa¼}\ZYZ'Zi+Vch!aZhh‚VcXZhYZWVWn"
hedgieVgi^X^eZ|a¼‚kZ^aehnX]dbdiZjg!V[ÃgbZ
B^X]Za7^cYZg#:aaZheZgbZiiZci|a¼Zc[Vci

A:HEDGI!8¼:H
YZbZiigZZceaVXZhdchX]‚bVXdgedgZa
Zcaj^VeedgiVciaVbVˆig^hZYZhZh\ZhiZh!
hdc‚fj^a^WgZ!hVaVi‚gVa^hVi^dc#AZhWVhZh‚iVci
edh‚Zh\g}XZ|XZiiZegZb^ƒgZ‚iVeZ!aZeZi^i
hZgVVgb‚edjgegVi^fjZgaZhedgifj¼^aX]d^h^i
bV^hVjhh^edjgV[[gdciZgaZb^Zjmedhh^WaZ
a¼VeegZci^hhV\ZYZaVaZXijgZZiYZa¼‚Xg^ijgZ
YVchaVXaVhhZYZ8E#¯®H^jcZc[VciYZeZi^iZ 8]VfjZhedgi[V^iigVkV^aaZgYZh\gdjeZhbjhXjaV^gZhY^hi^cXihZihdaa^X^iZ
iV^aaZY‚X^YZYZ[V^gZYjWVh`Zi!^a[Vjia¼dg^ZciZg
kZghjcedhiZYZbZcZjg!eVhY¼V^a^Zg¯!cjVcXZ YZhfjVa^i‚hY^[[‚gZciZh#6kZXaZe‚Y^VigZB^X]Za7^cYZg!idjgY¼]dg^odc
c‚Vcbd^ch<V…aaZ8daadbW#AZhg‚hjaiVihV^ch^
dWiZcjheZjkZci„igZ‚idccVcih# YZheg^cX^eVjmW‚c‚[^XZhhVci‚ZiVjigZhedjgaZhZc[VcihhZadca¼VXi^k^i‚#
I]‚d‚iV^ijceZi^i\Vgdcg‚hZgk‚!i^b^YZ!
fj^VkV^igVgZbZciZck^ZY¼VaaZg_djZgVkZX 6i]a‚i^hbZ 7Vh`Zi"WVaa 8nXa^hbZ
hZheZi^ihXVbVgVYZhVegƒha¼‚XdaZ#9Zej^hfj¼^a A¼Vi]a‚i^hbZYdccZ|a¼Zc[VciaVedhh^W^a^i‚ 8ZiiZVXi^k^i‚Zhi[VkdgVWaZ AZk‚adZhiWdcedjga¼ZcYjgVcXZ#
VY‚XdjkZgia¼Vi]a‚i^hbZ!^acZgViZedjgg^Zc YZidjX]Zg|eajh^ZjghY^hX^ea^cZh# VjY‚kZadeeZbZciehnX]dbdiZjg >aV^YZ|VXfj‚g^gYZhfjVa^i‚h
VjbdcYZjcZcigVˆcZbZcidjjcZgZcXdcigZ AZ_ZjcZegVi^fjVcieZjiYdcX!YVchjc YZa¼Zc[Vci#GZXZkd^gZigZaVcXZg YZg^\jZjg!YZeZgh‚k‚gVcXZ
^ciZgXajWh#8ZWdjaZkZghZbZcihZgZhhZci egZb^ZgiZbeh!VWdgYZgaZhVXi^k^i‚hfj^ aZWVaadcZchZY‚eaVVcieVgi^X^eZ ZiYZXdjgV\Z!cdiVbbZciYVchaZh
edh^i^kZbZcihjghZhVjigZhdXXjeVi^dch# aj^hZbWaZciaZheajhajY^fjZhZi!V^ch^! |hdc‚kZ^aidjiZchdaa^X^iVciaZh XdjghZhYZadc\jZhY^hiVcXZh#
®6j_djgY¼]j^!I]‚dVXXZeiZkdadci^Zgh VXfj‚g^gV\g‚VWaZbZciaZ\d’iYZa¼Z[[dgi# fjVa^i‚hY¼VYgZhhZh]ddiVjeVc^Zg :cdjigZ!hedgiVhh^heVgZmXZaaZcXZ!
aZh^ck^iVi^dchYZhZhXdeV^ch#EdjghV[„iZ >aedjggVZchj^iZhZY^g^\ZgkZghYZh ZiaVcXZg[gVcX!YZXddgY^cVi^dc ^aZhiigƒheZjigVjbVi^hVciedjg
Y¼Vcc^kZghV^gZ!dcZhib„bZdWa^\‚hYZa^b^iZg he‚X^Va^i‚heajhe]nh^fjZh!ZiigVkV^aaZghdc ZiY¼Vci^X^eVi^dc#8¼ZhiYZeajh aZhVgi^XjaVi^dchiZaaZhfjZaZh\Zcdjm!
aZcdbWgZYZhZhVb^h¯!XdchiViZ8daZiiZ! ZcYjgVcXZ!hVXddgY^cVi^dcZihVkdadci‚# jchedgiXdaaZXi^[# aZhX]Zk^aaZh!aZYdh°
bVbVcgVhhjg‚ZY¼jceZi^i\VgdcZcÃc ;diWle_hfbki/ ;diWle_hfbki/ ;diWle_hfbki/
]ZjgZjm#AZhedgi!jcZk‚g^iVWaZ‚XdaZYZaVk^Z#N ;‚Y‚gVi^dc[gVcV^hZY¼Vi]a‚i^hbZ ;‚Y‚gVi^dc[gVcV^hZYZWVh`Zi"WVaa ;‚Y‚gVi^dc[gVcV^hZYZXnXa^hbZ
Hx=?I=7IGK;J I‚a#/%&*(-%,%%%"lll#Vi]aZ#dg\ I‚a#/%&*(.)'*%%"ll#WVh`Zi[gVcXZ I‚a#/%&).(*+.%%"lll#[[X#[g

(H:EI:B7G:'%%)

PDF généré avec les logiciels Sowedoo


'.

HI7DC° I>BE6CC:AA$8DG7>H
?D:B87G>9:$8DG7>H

wfj^iVi^dc :hXVaVYZ ^aYZbVcYZjcZXZgiV^cZadnVji‚Zijc cdcc‚\a^\ZVWaZXVg^ahjhX^iZaZhfjVa^i‚h


AZgVeedgiVkZXa¼Vc^bVaZhieg^bdgY^Va# 9VchjcegZb^ZgiZbeh!a¼ZhXVaVYZ gZheZXiYZhgƒ\aZhVcXZhigVaZh#EVg Y¼VXX‚a‚gVi^dchZiY¼ZcYjgVcXZ#
A¼Zc[VciYZkgVXdci^cjZaaZbZci eZgbZiYZYdb^cZghVeZjgYjk^YZ# V^aaZjgh!^aZm^\ZVhhjgVcXZZiXdcigaZ ;diWle_hfbki/
XdbedhZgVkZXhdcXdbeV\cdc# B„bZh^dcZhiZcXdgY‚!dchZgZigdjkZ YZhd^#>aXdck^ZciVjhh^W^Zc|a¼Zc[Vci ;‚Y‚gVi^dc[gVcV^hZYZ[ddiWVaa
8ZaVY‚kZadeeZYZhfjVa^i‚hYZeVi^ZcXZ VhhZok^iZad^cYjhda#EVgaVhj^iZ!ZaaZ ^bejah^[!fj^YZkgVg‚[a‚X]^gVkVciY¼V\^g! I‚a#/%&))(&,(%%"lll#[[[#[g
ZiYZY^eadbVi^Z#EVghdcZ[[Zi eZgbZiYZeVg[V^gZhZhXVeVX^i‚hYZ fj¼Vji^b^YZ!fj^!XVX]‚YZgg^ƒgZhdc
YZhdX^Va^hVi^dc!a¼‚fj^iVi^dcZhiigƒh g‚[aZm^dc!YZXdcXZcigVi^dcZiYZhigVi‚\^Z! bVhfjZ!hZhZci^gVigƒh|a¼V^hZ# ?jYd
aVg\ZbZciji^a^h‚ZVjegƒhYZhZc[Vcih XVg^aXdck^ZciYZigdjkZgaVbZ^aaZjgZ ;diWle_hfbki/ HedgiYZXdbWVi!aZ_jYdZhiVkVciidji
fj^dciYZhegdWaƒbZhgZaVi^dccZah! igV_ZXid^gZhVchhZ[Vi^\jZg#EdjgaZh ;‚Y‚gVi^dc[gVcV^hZY¼ZhXg^bZ jcVgibVgi^Va#>a[V^iYdcXVeeZaVj
bV^h‚\VaZbZciYZhcdc"kdnVcih# Xdbe‚i^iZjgh!ZaaZY‚kZadeeZaV[dgXZ I‚a#/%&))*(',*%"lll#ZhXg^bZ"[[Z#[g gZheZXiYZhZhVYkZghV^gZhZi|aVadnVji‚#
9VchidjhaZhXVh!XZiiZY^hX^ea^cZ YZa¼ZchZbWaZYZhbjhXaZhV^ch^fjZaV 8ZiiZVXi^k^i‚d‘aZXdciVXie]nh^fjZZhi
Xdgg^\ZaZbV^ci^ZcXdgedgZa# hdjeaZhhZZiaVeg‚X^h^dcYZh\ZhiZh# ;ddiWVaa igƒh^bedgiVciV^YZgVaZhegVi^fjVcih
:cZ[[Zi!aZhedh^i^dch|VYdeiZg ;diWle_hfbki/ HedgiY¼‚fj^eZigƒheg^h‚X]ZoaZh_ZjcZh! |[V^gZ®aZegZb^ZgeVh¯kZghaZhVjigZh#
ZiaZhXdbbVcYZh|Z[[ZXijZg!edjg ;‚Y‚gVi^dc[gVcV^hZY¼ZhXVaVYZ aZ[ddiWVaadWa^\Z|iZc^gXdbeiZYZ EVgV^aaZjgh!^aV^YZ|VXfj‚g^gjcWdc
VkVcXZgdjedjgX]Vc\ZgYZgni]bZ! I‚a#/%&)%&-,**%"lll#[[bZ#[g hZhVYkZghV^gZhZiYZhZheVgiZcV^gZh# ‚fj^a^WgZZiVeegZcY|X]jiZghVchhZ
hdciigƒheg‚X^hZh# >aeZgbZiYdcXYZY‚kZadeeZga¼Zheg^i [V^gZbVa#
;diWle_hfbki/ :hXg^bZ Y¼‚fj^eZZiV^YZ|aVhdX^Va^hVi^dcYZ ;diWle_hfbki/
;‚Y‚gVi^dc[gVcV^hZY¼‚fj^iVi^dc 8ZhedgiYZXdbWViVkZXVgbZZhijcZ a¼Zc[Vci#HZY‚gdjaVcihjgjcZV^gZ ;‚Y‚gVi^dc[gVcV^hZYZ_jYd
I‚a#/%&*-&,*-&,"lll#[[Z#Xdb Y^hX^ea^cZigƒhXdbeaƒiZ#6jeaVcbdgVa! gZaVi^kZbZci^bedgiVciZ!X¼ZhijcY‚[djad^g I‚a#/%&)%*'&+&+"lll#[[_jYd#Xdb ’

(H:EI:B7G:'%%)

PDF généré avec les logiciels Sowedoo


(% DJI9DDGHEDGI:I:C;6CIH

AZhhedgih|[dgiZigVY^i^dc!
XdbbZa¼ZhXg^bZdjaZ_jYd!
hdciVjhh^jcZ‚XdaZYZaVk^Z
;G6C8DKD<I$8DG7>H

’ @VnV`
8ZiiZY^hX^ea^cZ!fjZa¼dceZjiXaVhhZg
YVchaZhhedgihYZ\a^hhZ!V^YZ|Ydb^cZg
hi^bjaZci\gVcYZbZciaZh[dcXi^dch
XVgY^VfjZhZigZhe^gVid^gZh#
;diWle_hfbki
IdjiZ[d^h!egVi^fj‚Zhg‚\ja^ƒgZbZci!ZaaZh
Y‚kZadeeZciaZh[dcXi^dchY¼‚fj^a^WgZ#
;diWle_hfbki
JCHEDGI
hVXgV^ciZYZa¼ZVjb„bZh^a¼dchZigdjkZ ;‚Y‚gVi^dc[gVcV^hZYZ`VgVi‚ZiVgih ;‚Y‚gVi^dc[gVcV^hZYZgdaaZg"h`Vi^c\ C_Y^[b8_dZ[h"fƒZ_Wjh["
ZbWVgfj‚#EdjgaZh‚egZjkZhZcZVjm bVgi^VjmV[[^c^iV^gZh I‚a#/%**+((+*+*"lll#[[gh#Vhhd#[g cƒZ[Y_dZkifehjZ[b½[d\Wdj
k^kZh!X¼ZhijcigƒhWdcbdnZcedjg[V^gZ I‚a#/%&)(.*)'%%"lll#[[`VbV#[g [jZ[b½WZeb[iY[dj[ij\ehc[b0
igVkV^aaZgaZhg‚[aZmZh!a¼Vci^X^eVi^dc H`^"Hjg[ ¯AZhedgicZYd^ieVh„igZ
ZiaVg‚[aZm^dc#:cgZkVcX]Z!VjeaVc CViVi^dc 8ZhhedgihYZ\a^hhZYZbVcYZci!VkVci XdcigZ"^cY^fj‚VjmZc[Vcih#
bjhXjaV^gZ!ZaaZcZhdaa^X^iZfjZaZh HedgiigƒhXdbeaZi!aVcViVi^dchi^bjaZ idji!XddgY^cVi^dc!Vci^X^eVi^dcYVchaZ HVj[XVhZmXZei^dccZah#°
bZbWgZhhje‚g^Zjgh#:aaZcZhj[[^i aZh[dcXi^dchYZa¼VeeVgZ^aXVgY^d" bdjkZbZci!bV^h‚\VaZbZcig‚[aZm^dc# Jekj[\e_i"Y[hjW_d[iZ_iY_fb_d[i
eVh|ZaaZhZjaZedjgaZY‚kZadeeZbZci kVhXjaV^gZ#A¼VXi^k^i‚hZY‚gdjaVciZc JcWdch`^ZjgeVgZmZbeaZVWdgYZ iedjc…c[h[YeccWdZƒ[i
]Vgbdc^ZjmYZa¼Zc[Vci# Y‚X]Vg\ZYjed^YhYjXdgeh!ZaaZVXXgdˆi hVYZhXZciZVegƒhVkd^g[V^ieajh^Zjgh[d^h ik_lWdjb[fheÄbZ[b½[d\Wdj$
;diWle_hfbki/ aZhVei^ijYZhbjhXjaV^gZhYZa¼ZchZbWaZ YVchhVi„iZaZeVgXdjgh#7^ZcbVˆig^hZg
;‚Y‚gVi^dc[gVcV^hZYZXVcd…"`VnV` YjXdgeh!hVchigVjbVi^hbZ# hZhbdjkZbZcih!cZeVhVkd^geZjgYZaV :c[VciVhi]bVi^fjZ
I‚a#/%&)*&&%-*%"lll#[[X`#dg\ ;diWle_hfbki/ eZciZZiY‚kZadeeZgaVXdc[^VcXZZchd^° Edjgaj^!aZhZ[[dgihY¼ZcYjgVcXZ
;‚Y‚gVi^dc[gVcV^hZYZcViVi^dc ;diWle_hfbki/ YVchjcZVibdhe]ƒgZ[gd^YZ
@VgVi‚ I‚a#/%&)%(&&,,%"lll#[[cViVi^dc#[g ;‚Y‚gVi^dc[gVcV^hZYZh`^ ZihƒX]ZcZhdcieVh^cY^fj‚h#
8ZiVgibVgi^Va_VedcV^hbZiZc_Zj! I‚a#/%)*%*&)%()"lll#[[h#[g AVe^hX^cZZhiYdcXa¼Zck^gdccZbZci
XdbbZaZ_jYd!YZhkZgijhYZgZheZXiZi GdaaZgdjh`ViZ"WdVgY ;‚Y‚gVi^dc[gVcV^hZYjhjg[ ^Y‚Va#BV^h!h^hdchZjaeaV^h^g
YZadnVji‚#:cdjigZ!aZhXdjehc¼‚iVci 8ZhVXi^k^i‚hX^iVY^cZhhZeg‚hZciZci! I‚a#/%**-)(**--"lll#[ZYZhjg[#XdbN ZhiaZh`^YZ[dcY!Zm^\Zofj¼^aedgiZ
eVhedgi‚h!^ac‚XZhh^iZjcZ\gVcYZ VjmnZjmYZaVeajeVgiYZh_ZjcZh! H$=$ jcZ‚X]VgeZXdjkgVciaVWdjX]Z
bVˆig^hZYZhd^#AZhZ[[dgihXdjgihZi XdbbZjcbdnZcYZY‚eaVXZbZci B^X]Za7^cYZgZhie‚Y^VigZ!b‚YZX^cYjhedgi!YZa¼Zc[Vci ZiaZcZo#AZg‚X]Vj[[ZbZciYZa¼V^g
^ciZchZh!Z[[ZXij‚hadghY¼jcXdbWVi! ajY^fjZVkVcib„bZY¼„igZjchedgi# ZiYZa¼VYdaZhXZci|aV8a^c^fjZYjhedgiYZEVg^h# aZeg‚hZgkZgV#9VchidjhaZhXVh!

(H:EI:B7G:'%%)

PDF généré avec les logiciels Sowedoo


(&

HNAK6>C86O:C6K:$K6C9NHI69I
IEDJG8=6FJ::C;6CI
aZhZ[[dgih[gV\bZci‚hYZaV XdbbZaZgj\Wn#AVhXda^dhZ eVgiZcV^gZhZiYZbVcYZci!Zceajh! :c[Vcii^b^YZ!g‚hZgk‚ :c[VciY^VW‚i^fjZ
\nbcVhi^fjZZia¼ZhXg^bZhZgdci egdkdfjZjcZeZgijgWVi^dcYZ jcZXZgiV^cZbVˆig^hZYZaVWVaaZ# >ahZgV^ihdj]V^iVWaZYZa¼dg^ZciZg AZhedgia¼V^YZgV|Wg’aZghZh
eg‚[‚gVWaZhXVgcZiiZbZci a¼‚fj^a^WgZYjXdgehYVcha¼ZheVXZ# kZghjchedgiXdaaZXi^[#6jhZ^cYZ hjXgZhZia^b^iZgVhZhWZhd^ch
bd^che‚c^WaZh# IdjhaZhhedgihXdcigVg^VciXZ :c[VciYZeZi^iZiV^aaZ a¼‚fj^eZ!^ac¼ZhieVhaZhZja| Zc^chja^cZ#>aZhiYdcXk^kZbZci
hnbeibZhZgdciYdcX AZhVXi^k^i‚hfj^YZbVcYZci dXXjeZgaVhXƒcZ#EVgaVhj^iZ!dc XdchZ^aa‚!|XdcY^i^dcfjZa¼Zc[Vci
:c[VciZchjged^Yh W‚c‚ÃfjZh#?jYd!\nbcVhi^fjZ WZVjXdjeY¼‚fj^a^WgZaj^ edjggVaj^egdedhZgjchedgiYZ hd^ihj^k^Zifj¼^aY^hedhZYZhdc
AZhVXi^k^i‚hfj^eZjkZciegdXjgZg hdci|ZhhVnZg#IZcc^hZi\da[cZ eZgbZiigdciYZh¼‚eVcdj^g\g}XZ XdbWVi#AVXdc[gdciVi^dcVkZXaZh ^chja^cZadghYZhVegVi^fjZ#AZh
jcZeZgiZYZed^Yh!iZaaZhfjZaV hdcieVhbVjkV^hZiaVYVchZ |hdcXZcigZYZ\gVk^i‚WVh# VjigZha¼V^YZgV|igdjkZghVeaVXZ# XdcigZ"^cY^XVi^dchgZaƒkZciYZh
cViVi^dc!aZk‚ad!kd^gZa¼Vk^gdc! kgV^bZciXdchZ^aa‚Z# >aZmXZaaZgVZc_jYddjZc VXi^k^i‚hfj^eZjkZciegdkdfjZgjc
Yd^kZciVkd^ghVeg‚[‚gZcXZ# \nbcVhi^fjZ# :c[VciV\gZhh^[ bVaV^hZYdciaZhXdch‚fjZcXZh
EdjgbV^\g^g!aZhZ[[dgihadc\h :c[VciYZ\gVcYZiV^aaZ JcVgibVgi^VaiZafjZaZ_jYd hZgV^ZciYVc\ZgZjhZh/cViVi^dc!
ZiY¼^ciZch^i‚bdnZccZ!bZiiVci HdjkZcibVaVYgd^i!\„c‚eVgYZh :c[VciVcdgZm^fjZ aj^eZgbZiigVYZXVcVa^hZghdc ]VjiZbdciV\cZdjb„bZ
Zc_Zja¼ZcYjgVcXZ!hZgdci bZbWgZhigdeadc\h!a¼Zc[VciYZ IdjhaZhhedgihhdciW‚c‚ÃfjZh ‚cZg\^Z# \nbcVhi^fjZVjmV\gƒh#
eg‚[‚gVWaZh#AVXdjghZ|e^ZY \gVcYZiV^aaZ!cdiVbbZciVj edjga¼Zc[VciVcdgZm^fjZ#
hZgV^i^Y‚VaZbV^hZaaZZhie‚c^WaZ bdbZciYZa¼VYdaZhXZcXZ!cZhZ 6iiZci^dc!idjiZ[d^h!|cZeVh :c[Vci]neZgVXi^[ :c[Vci‚e^aZei^fjZ
edjga¼Zc[Vci# hZcieVhW^ZcYVchhdcXdgeh#AZ aZY^g^\ZgkZghYZhVXi^k^i‚hfj^ AZhhedgih!XdbbZaZ[ddiWVaa! >aeZji[V^gZYjhedgiYVch
hedgia¼V^YZgV|eVg[V^gZhdc^bV\Z eZjkZcia¼Zc[ZgbZgYVchXZi‚iVi! kdciaZY‚[djaZg#EVgV^aaZjgh! aZhb„bZhXdcY^i^dchfjZa¼Zc[Vci
:c[VciViiZ^ciYZhXda^dhZ XdgedgZaaZ#AZhhedgihYZWVaadc iZafjZaVYVchZ-YZh aZi^g|a¼VgXdja¼ZhXg^bZhdci Y^VW‚i^fjZ!Zc‚k^iVciXZjm
EZjYZXdcigZ"^cY^XVi^dc!hVj[aZh hdciXdchZ^aa‚hXVg^ahbZiiZci YVchZjhZhhdciVcdgZm^fjZh YZcVijgZ|Vj\bZciZghVXVeVX^i‚ egde^XZhVjhjg\^hhZbZci
hedgihd‘aZXdciVXiZhi^bedgiVci! a¼Zc[VciZcXdcXjggZcXZVkZXhZh ZiaV\nbcVhi^fjZ# YZXdcXZcigVi^dc# YZbVaV^hZh#

(H:EI:B7G:'%%)

PDF généré avec les logiciels Sowedoo


(' KDN6<:G>I6A>:

A6GDJ:IDJGC:²

K:GDC:
LDA;<6C<@6:=A:G$8DG7>H

9j'-hZeiZbWgZVj(dXidWgZ!a¼‚a^iZYjXnXa^hbZhjggdjiZcZ
>C;DHEG6I>FJ:H
hZ[ZgVeVhaZhnZjmYdjm#²K‚gdcZ!c^8VejaZihc^BdciV^\jh
N6AA:G 8dbeiZoZck^gdc'*æ# YZkVciaVcdiZ#²X]d^h^geVgb^
VjY‚eVgibV^hjcY‚XdgY^\cZY¼jcZigV\‚Y^Z# D[[^XZYjidjg^hbZY¼>iVa^Z! ;Zgb‚aZajcY^# aZhhj\\Zhi^dchV[[^X]‚Zh
I‚a#/%&)'+++++-! AV8Vci^cZYZa¼VgZcV! hjgaZ\gVcYiVWaZVj!XVgaZWVg
lll#Zc^i"[gVcXZ#Xdb E^VooZiiVHXVaZiiZGjW^Vc^!&! h¼Zcdg\jZ^aa^iYZedhh‚YZg

’
8¼ZhiaVegZb^ƒgZ[d^hfjZa¼Jc^dc ‚iZgcZaVbdjg#Bd^ch\aVbdjg!aZhXZciV^cZh :cVk^dc!VkZX6^g;gVcXZ! I‚a#/%%(.%)*-%('-). egƒhYZ°-%%%%WdjiZ^aaZh
XnXa^hiZ^ciZgcVi^dcVaZJ8>X]d^h^i YZ\gV[Ãi^hfj^XdjkgZciaZhbjgh|a¼Zcig‚Z# |eVgi^gYZ'.'æaZkda6$G# :ciZggVhhZ 7diiZ\VYZaK^cd!
K‚gdcZedjgaZh‚egZjkZhYj HZjahaZheajhVhh^Yjh^gdcihZgZXjZ^aa^ghjgaV lll#V^g[gVcXZ#[g Adk‚VjgZo"YZ"X]Vjhh‚ZY¼jcZ K^VHXjYdY^;gVcX^V(!
8]Vbe^dccViYjbdcYZ/jcZhVXg‚Z idbWZ·djkZgiZ·YZbVgWgZgdj\ZYZaVWZaaZ >a[Vji'%b^cjiZhedjg WZaaZbV^hdc!dcVeeg‚X^ZVjhh^ I‚a#/%%(.%)*-%%)*(*
gZXdccV^hhVcXZedjgjcZX^i‚fj^Yd^iY‚_|iVci VbVciZ/aZXdjkZcifj^a¼VWg^iZZhiZcZ[[Ziigƒh gZ_d^cYgZaZXZcigZ"k^aaZZc aViZggVhhZYZXZgZhiVjgVci! =ZjgZYZed^ciZ
|jcXZgiV^cL^aa^VbH]V`ZheZVgZ#IdjhaZh ZmXZcig‚#GZhidcheajiiYVchaVX^i‚YZhHXVa^\Zg cVkZiiZ!edjgjcXd’iYZ)!'%æ# ^Y‚VaZedjgY‚\jhiZgaZh CZkZcZoeVh^X^edjgaZhZgk^XZ!
VbdjgZjmYjbdcYZkdjhaZXdcÃgbZgdci/ edjgnY‚Xdjkg^gaVeaVXZYZhHZ^\cZjgh!WVgY‚Z AZX]Vbe^dccViYjbdcYZ WgZiZaa^cZYZhiV\a^ViZaaZh fjVh^^cZm^hiVci!bV^hedjg
K‚gdcZ!aVk^aaZYZhVbVcih!hZk^h^iZbV^c YZcdWaZh‚Y^ÃXZhZidgc‚ZY¼jcZ°XiZ >ahZY‚gdjaZgVYj'-hZeiZbWgZ [V^iZh|WVhZYZ[Vg^cZYZg^o [gVnZgVkZXaV_ZjcZhhZadXVaZ!
YVchaVbV^c#:ih^kdjhc¼VkZoeVhYZ?ja^ZiiZ YZWVaZ^cZYdcia¼dg^\^cZgZhiZbnhi‚g^ZjhZ# Vj(dXidWgZ#EdjgidjihVkd^g/ Zi[gj^ihYZbZg!igƒh[gV^h#9Z fj^h¼V\\aji^cZ|a¼^ci‚g^Zjg
djYZGdb‚d!Zbed^\cZoYdcXaZ\j^YdcY¼jcZ 6aZcidjgh!dcZcegdÃiZedjg[V^gZYjaƒX]Z" lll#bdcY^Va^'%%)#Xdb &%|&)æedjgjceaViXde^Zjm# Zih¼‚eVge^aaZ|a¼Zmi‚g^ZjgYZXZ
YZheZi^iZhgZ^cZh!\gVX^ZjhZbZcieg„i‚ZhVjm k^ig^cZh!VWVcYdccVciaZh]dee^c\Vjm I‚a#/%%(.%)*-&%+(+* KZgdc6c^XV! hnbeVi]^fjZWVg#:ck^gdc)æaV
k^h^iZjgh!edjgeVgXdjg^gaVk^aaZ!hdjhaZgZ\VgY edgiZ[Zj^aaZhgZWdcY^h#9‚iV^aVbjhVci!aVb^hZ K^VHdiidg^kV!&%! XdchdbbVi^dc#
YZa¼µ^aYZK‚gdcZ!aVeajh\gVcYZVgƒcZYjeVnh YZhK‚gdcV^h/YZa¼‚ijY^Vci[VjX]‚VjXVYgZ B6C<:G I‚a#/%%(.%)*-%%)&') 8Vanehd!K^VHdiidg^kV!(X$Y!
VegƒhaZ8da^h‚Z#JcWgZ[VeZgjVjg^X]Z [dgijc‚!X]VXjch¼Veea^fjZ^X^|h¼]VW^aaZgVkZX EdjgjchVcYl^X]gVe^YZZieVh I‚a#/%%(.%)**.,'&)
eVig^bd^cZgZa^\^Zjm·k^h^iZoVjbd^chaV \d’i#K‚gdcZedhhƒYZVjhh^hdcedciYZhhdje^gh! X]Zg!dchZgZcYVjbVgX]‚fj^ 7D>G:JCK:GG:
XVi]‚YgVaZ!aVWVh^a^fjZHV^ci"O‚cdcZiHV^ciZ" aZEdciZE^ZigV!fj^egdbZijcZkjZYZheajh hZi^ZciX]VfjZ_djghjgaV 7d^gZZi„igZWj 7DJ<:G
6cVhiVh^V!VkVciYZh¼ViiVX]ZgVjmVbVcih gdbVci^fjZhhjga¼6Y^\ZVjXdjX]ZgYjhdaZ^a# e^VooVYZaaZ:gWZ# JcZ¶cdi]ƒfjZdjkZgiZ^anV =daanlddYc^\]i
bVjY^ih#8Vg!YZaVa‚\ZcYZ!aZhK‚gdcV^hdci[V^i >aZhiiZbehYZhdgi^g!edjgWd^gZjckZggZ AVXVci^cZ!Zcb^Zjm eajhY¼jch^ƒXaZ![g‚fjZci‚Z 8¼Zhi^X^ZieVhV^aaZjghfj¼^a
jc_jiZjmbVgX]‚/dchZWdjhXjaZhdjhaZWVaXdc hjgaVeaVXZVjm=ZgWZhE^VooVYZaaZ:gWZ! AZha‚\jbZh‚\V^ZciaVhdjeZ! eVgidjiXZfjZK‚gdcZXdbeiZ kdjh[VjYgV„igZaZ&ZgdXidWgZ!
YZ?ja^ZiiZ·iZaaZbZcie^‚i^c‚fjZa¼VXXƒhZc aVeajhWZaaZYZK‚gdcZ!djhjgaZhWZg\Zh a¼V\cZVjhZY‚Xa^cZZc Y¼Vgi^hiZhZiYZ_djgcVa^hiZh# edjga¼Jai^bVcdiiZ!aVYZgc^ƒgZ
ZhiY‚hdgbV^h^ciZgY^i·aZh]dbbZhZcaVXZci YjÄZjkZ!YVchaZfjVgi^ZgYZHdiidg^kV!ÃZ[ XiZaZiiZh!bV^hX¼ZhiaVe^ooV DceZjinYˆcZg!bV^ha¼dchZ cj^i!aV[„iZd[[^X^ZaaZYZh
aVhiVijZedjgjcXa^X]‚hdjkZc^g!iVcY^hfjZaZh YZaV_ZjcZhhZadXVaZ#N fj^‚idccZaZeajh!fj¼ZaaZhd^i XdciZciZgVY¼jckZggZYZk^c 8]Vbe^dccVihYjbdcYZ°
[ZbbZhZ[ÄZjgZciaZi‚idcYgd^i!\VgVciY¼jc F7I97B;C?IIEK: VjmVheZg\Zh!dj|aVigj^iZ ]^hid^gZYZcZeVhY‚[V^aa^g G‚hZgk‚ZVjmeajh[ji‚h!fj^

(H:EI:B7G:'%%)

PDF généré avec les logiciels Sowedoo


((
AZWVaXdcYZ?ja^ZiiZ
Ydcia¼VXXƒhZhi
Vj_djgY¼]j^^ciZgY^i°

?DC=>8@H$8DG7>H

K‚gdcZc¼VeVha¼]VW^ijYZ
YZheZadidch!XdcigV^gZbZci
|8Vcij!]Vjia^ZjYjIdjg
YZAdbWVgY^Z#
;G6C8@;>;:$6;E

eVgk^ZcYgdci|g‚Xje‚gZgjcZ H:AD<:G |*%æ#DcVeeg‚X^ZhdcXi‚


YZheg‚X^ZjhZh^ck^iVi^dch! JcZbVc^[ZhiVi^dchedgi^kZ! XdXddc^c\#9‚e„X]Zo"kdjh!
h‚hVbZdWa^\Vid^gZedjg jcZ[d^gZ!jc[Zhi^kVa/ ^ac¼nVfjZYZjmX]VbWgZh
VXX‚YZgVjm+WVgh!(e^hiZh idjiZhieg‚iZmiZ|Vj\bZciZg aVkZgiZZiaVgdj\Z!VkZXjcZ
YZYVchZZie^hX^cZYZaV aZhiVg^[hYZh]‚WZg\ZbZcih eg‚[‚gZcXZedjgXZiiZYZgc^ƒgZ#
Y^hXdi]ƒfjZk‚gdcV^hZ# |K‚gdcZ#EdjgcZeVhZmeadhZg EVg`^c\\gVij^i#
DjkZgiYjkZcYgZY^Vj kdigZWjY\Zi!eg‚[‚gZo >a<]^gd!K^VCZ\gZaa^!'&!
Y^bVcX]Z!YZ'']|*]# YdcXaZad\ZbZciX]Zo I‚a#/%%(.%)*-&%)&'&
=daanlddY9VcXZ8ajW! a¼]VW^iVci!hdjkZcieajh ;V^iZhXdbbZX]Zokdjh
K^VBdciZ[Za^XZ!&& hnbeVi]^fjZ!idj_djgh A¼VXXjZ^aZhih^X]VaZjgZjm
7VgYda^cd!hjgaZaVXYZ<VgYZ! bd^chX]Zg#:ih^kdjhcZ fjZ!edjgjceZj!dchZXgd^gV^i
I‚a#/%%(.%)*,'&%*-% igdjkZoeVh!VYgZhhZo"kdjh X]Zohd^9Z]VjiheaV[dcYh!
>cXdcidjgcVWaZ |6aW^cdEVh^cX]Zo:jgdeaVc jcWZVjeVgfjZi!ZijceZi^i"
8Z]Vjia^ZjYZaVbjh^fjZ lll#ZjgdeaVc#^i$bdcY^Va^$! Y‚_ZjcZgXde^Zjm![dci
VaiZgcVi^kZZhiXdccj aZidjgdeZgVidgd[[^X^Za YZXZiiZVYgZhhZjcZYZ
YZh9?aZheajhX‚aƒWgZh/ YjX]Vbe^dccVi0eZji"„igZ cdheg‚[‚g‚Zh#JcZX]VbWgZ
BdjhhZI#!6YVbh`n!EVja kdjhigdjkZgV"i"^ajcZX]VbWgZ YdjWaZ!jcZX]VbWgZh^beaZ!
IgdjWaZ6cYZghdc!=VgkZn! cdcad^cYjEVgX=diZa<g^ii^! jcZhVaaZYZh‚_djgVkZX
G^X`nBdgg^hdcndciV[[’i‚ a¼‚iVWa^hhZbZciYZhd[[^X^Zah XVcVe‚"a^i!jcXd^cXj^h^cZ
aZjgeaVi^cZ#H^ij‚Zhjg YZa¼JC>hjgaZhWdgYh ZijcZhVaaZYZWV^c!eZgbZiiZci
aZh]VjiZjgh!a¼6aiZg:\d YjaVXYZ<VgYZ# YZad\Zg*eZghdccZh!
W‚c‚[^X^ZZcdjigZY¼jcZkjZ JceZi^iIdjg |gV^hdcYZ)%æ*%æYZ'
[VWjaZjhZhjgaVk^aaZ# 8ZigƒhgZXZci77Zhih^ij‚ |)eZghdccZh#KdjhigdjkZgZo
DjkZgiYZ'&]|)]YjbVi^c! VjX¶jgYZK‚gdcZ!|fjZafjZh jceVg`^c\!hjgkZ^aa‚bV^h
aZhkZcYgZY^hZihVbZY^h# b^cjiZh|eZ^cZYZaVodcZ eVnVciidji|Xi‚#
6aiZg:\d!K^VIdgg^XZaaZ!.! e^‚idcc^ƒgZ#AVX]VbWgZedjg'! AV8VhZiiV!K^VBVc^c)!
I‚a#/%%(.%)*.&*&(% eZi^i"Y‚_ZjcZg^cXajh!gZk^Zci I‚a#/%%(.%)*-%%*%-%

(H:EI:B7G:'%%)

PDF généré avec les logiciels Sowedoo


() <A6BDJG

¹?¼‚iV^heajhX‚aƒWgZ
edjgbdcY‚XdaaZi‚
fjZedjgbZhg‚hjaiVih
hedgi^[h#6jY‚Wji
>H67:AHCN9:G$DJIA>C:$8DG7>H

XZaVbZ\„cV^i°º
(H:EI:B7G:'%%)

PDF généré avec les logiciels Sowedoo


(*

E6DA6E:OOD

K6BEIDJI
I:GG6>C
6egƒha¼dg|6iaVciVZiHnYcZn!EVdaVEZoodVbVcfj‚aZig^ea‚|6i]ƒcZh#BV^h ²a¼Vgg^k‚Z!aV8VcVY^ZccZ6anhdcHnYdgZhi^cXg‚YjaZ#
®>bedhh^WaZ!h¼ZcÄVbbZ"i"ZaaZ#²aVb^"XdjghZ!
a¼>iVa^ZccZgZhiZgVYVchaZhVccVaZhXdbbZaVegZb^ƒgZX]Vbe^dccZdanbe^fjZ ZaaZVkV^iidjiZaVb^hƒgZYjbdcYZ|bV^ciZc^gaZ
gni]bZ#Ej^h!idjiY¼jcXdje!_ZcZa¼V^eajhgZkjZ#¯
YZKIIZiaVegZb^ƒgZhiVghZmnYZaVY^hX^ea^cZ#HVch‚X]VeeZg|aVXdcigdkZghZ# 9ZjmcdjkZaaZh®Vb^Zh¯edjgEVdaVaVhja[jgZjhZ
fj^c¼VeZjgfjZY¼jcZX]dhZ!hZ[V^gZbdgYgZ
eVgYZhX]^Zchadghfj¼ZaaZh¼ZcigVˆcZ°AVgZigV^iZ

’
CdjhhdbbZh|6iaVciV!Zc&..+!hjgaZ bdcYZ#EdjgEVdaV!X¼ZhijcXVjX]ZbVg#®?Zc¼V^ VccdcX‚ZZhiaVW^ZckZcjZ#Ad^cYjX]Vdh!EVdaV
h^iZWd^h‚YZ8dcnZgh#EdjgaVegZb^ƒgZ _VbV^hg^Zceg^h!XaVbZ"i"ZaaZ#?Zhj^h^ccdXZciZ#¯ igdjkZaVeV^m#:aaZhZXdchVXgZ|aVegdbdi^dcYZhZh
>I>CwG6>G: [d^h!aZKIIZhiVjegd\gVbbZYZh?Zjm AVhj^iZYZh‚k‚cZbZcihcZXdcig^WjZeVh|[V^gZ eVgiZcV^gZh!|aVXdjghZY¼ZcYjgVcXZ!fj^edgiZhdc
C‚ZaZ-_Vck^Zg&.+. danbe^fjZh#AVXdjghZ[‚b^c^cZZhiVX]Vgc‚Zhdjh iV^gZidjiZhaZhgjbZjgh#AZ8db^i‚cVi^dcVa cdb<gVc;dcYdEVdaVEZoodZiVjmZc[Vcih!edjg
|7dhXdX]^ZhVcjdkV>iVa^Z jcZX]VaZjgidgg^YZ#AZhXdcXjggZciZhi^gZciaV danbe^fjZ^iVa^Zc8DC>hdji^ZcihVX]Vbe^dccZ! aZhfjZahZaaZVXg‚‚jcZ‚XdaZYZKII!hjgaZhg^kZh
IV^aaZ/&!,-b aVc\jZ!aZhi‚a‚heZXiViZjghVjhh^#6XXVWa‚ZeVgaZh gZ[jhVciYZaVedjghj^kgZ!VjW‚c‚ÃXZYjYdjiZ# YjaVXYZ<VgYZ#6kZXhdcXdbeV\cdcZibVcV\Zg!
Ed^Yh/+'`\ [V]gZc]Z^ih!jcZ_ZjcZ[ZbbZYZ',VchY‚o^eeZhdc AVXnXa^hiZc‚ZgaVcYV^hZNkdccZ7gjcZck^ZciYZ a¼VcX^Zcheg^ciZgEVdadGdhdaV!ZaaZVhjgidjig‚Va^h‚
&Zc[Vci/@Zk^c! bV^aadi_jhfj¼VjcdbWg^a#AZhXVbZgVbZc aZY‚bdcigZg!aZh[ZbbZhhZXgƒiZcicVijgZaaZbZci hZhYZjmg„kZhaZheajhX]Zgh/Vkd^gjcZbV^hdc
c‚aZ&ZgY‚XZbWgZ'%%' bjai^ea^ZciaZheaVchhjgaZhdW_ZihYjY‚a^XZ#HVch YZaVcVcYgdadcZ#AZ'&_Vck^Zg&..-!EVdaVEZood Zi[V^gZjcW‚W‚#AZeZi^i@Zk^cZhiVgg^k‚aZ
E6AB6GÏH hXgjejaZej^hfjZaVeaVcijgZjhZVbVodcZh¼ZckdaZ ZhiWaVcX]^Z#®?¼V^eg^‚edjgfjZidjiVh¼Vgg„iZZi! &ZgY‚XZbWgZ'%%'#9jXdje!dchZYZbVcYZW^Zc
?Zjmdanbe^fjZh kZghaZi^igZ!Xdcfj^hY¼jcZaVg\Zed^ig^cZ#EVdaV bV^ciZcVci!_ZeaZjgZYZ_d^Z¯!Y‚XaVgZ"i"ZaaZVj XZfj^a¼Vedjhh‚Z|gZkZc^g|aVXdbe‚i^i^dc!|eVgi
&gZZc&..+Zi'%%% EZoodZcigZVjeVci]‚dc!YVkVciV\ZeVga¼Zheg^iYZ fjdi^Y^Zchedgi^[^iVa^ZcAV<VooZiiVYZaadHedgi# a¼dg\jZ^aYZkdjad^ggZhiZgfjVigZVchYZeajhaVhZjaZ
8]Vbe^dccVihYjbdcYZ hZhhZ^chfjZeVga¼de‚gVi^dcYjHV^ci":heg^i# 9ZhdcXi‚!=j\dAdc\d!egdXjgZjgYZa¼‚edfjZ! X]Vbe^dccZdanbe^fjZYZKIIhjgiZggZ#9¼VjiVci
&gZZc&..(Zi&..,! ®8Zh^bV\Zhdci‚i‚kjZhYVchidjhaZh[dnZgh^iVa^Zch! h‚bZgVaZigdjWaZZca}X]Vci/®AZhk^Xid^gZhYZ fjZ!hZadcZaaZ!aZeajh\gVcYeaV^h^gYZhdchedgi!
(ZZc&...Zi'%%% hZhdjk^Zcia¼>iVa^ZccZVkZXVbjhZbZci#²XZiiZ EZood!X¼ZhiaVY‚[V^iZYZaVajiiZVci^YdeV\Z#¯=VhVgY X¼Zhi®aVhda^ijYZYji„iZ|i„iZVkZXaVcVijgZ¯#
8]Vbe^dccVihY¼:jgdeZ ‚edfjZ!_¼‚iV^heajhX‚aƒWgZedjgbdcY‚XdaaZi‚fjZ djXd‰cY^XZcXZ!aZhYZjmhV^hdchhj^kVciZhhdci AVg‚edchZZhihVchYdjiZa^‚Z|hVcdjkZaaZk^Z
&gZZc&..)!&..+Zi&...! edjgbZhg‚hjaiVihhedgi^[h#6jY‚Wji!XZaVbZ\„cV^i! bd^ch[gjXijZjhZh#BV^h'%%%ZhijcZVcc‚Z YZ[ZbbZ#EZj^bedgiZfjZaVb^hh^dc[’i
'ZZc'%%% Zchj^iZ!_¼V^VXXZei‚a¼^Y‚ZfjZXZaVb¼VkV^igZcYj danbe^fjZ#²HnYcZn!EVdaV[V^iZcXdgZeVgaZgY¼ZaaZ# ^bedhh^WaZ!|6i]ƒcZh#®?ZXdjghedjga¼Zc[VcifjZ_¼V^
8]Vbe^dccViY¼>iVa^Z hZgk^XZ#¯8dcigV^gZbZci|aV_djZjhZYZiZcc^h6ccV 6jeg^mY¼jcZgZbdci‚Z^cViiZcYjZ!ZiVegƒhVkd^g VaaV^i‚!Zmea^fjZ"i"ZaaZ#H^_ZcZg‚jhh^heVh!hdchdjg^gZ
&gZZc&..'Zi&..( @djgc^`dkV!YdciaVeaVhi^fjZZhiYZkZcjZaVhZjaZ edjhh‚YVchaZ[dhh‚a¼:heV\cdaZBVg\Vg^iV;jaaVcV! hj[ÄgV|Z[[VXZgaVY‚h^aajh^dc#¯N
8djeZYjbdcYZ XVgiZYZk^h^iZ!aVK‚gdcV^hZ!fj^hZY‚aZXiZYZe}iZ X]Vbe^dccZYjbdcYZZci^igZ!ZaaZXdchZgkZhdcdg# IJxF>7D;Cx@7DÏI
&)k^Xid^gZh |iVgi^cZgVjX]dXdaViVegƒha¼Z[[dgi!Vhj_djZg
&gZVjXaVhhZbZci\‚c‚gVa hjgaZhYZjmiVWaZVjm#:cigZa¼‚i‚YZh?#D#ZiaVÃc
Zc&..,!(ZZc&..*Zi&..- &..,!ZaaZgZbedgiZidjiZhaZhXdjghZhVjmfjZaaZh
ZaaZeVgi^X^eZ#Hd^iY^mk^Xid^gZhXdch‚Xji^kZh#
9:A68=6ÐC:²A68=6ÐC:
:aaZhZeg„iZVjhh^VkZX\djgbVcY^hZVj_ZjYZh ?jhfj¼|a¼}\ZYZ&-Vch!EVdaVEZoodiZciZYZeZgXZgZch`^YZ
e]didhhZmnedjgjcZbVgfjZYZX]VjhhjgZh# [dcY!ZckV^c#:aaZigVkV^aaZYVchjcZjh^cZfj^[VWg^fjZYZh
:ceZi^iX]VeZgdcgdj\ZYZeaV^h^gdjZc[ZbbZ bZjWaZhYZi‚a‚k^h^dcadghfj¼jcXdaaƒ\jZaj^d[[gZhdcegZb^Zg
[ViVaZY‚kd^aVcihZhWVhg‚h^aaZh# KII!Vjeg^ciZbeh&.-.#®?¼V^\V\c‚bVegZb^ƒgZXdjghZZc
WViiVci<^d7dcVoo^aVhiVg^iVa^ZccZYjbdbZciZiidjiV
¹?Zhj^h^ccdXZciZº XdbbZcX‚#¯:c&..'!ZaaZZhiX]Vbe^dccZY¼>iVa^ZZiYZk^Zci
HZhXj^hhVgYhYdg‚haj^kVaZciVjmwiVih"Jc^haZ k^XZ"X]Vbe^dccZY¼:jgdeZYZYZhXZciZ#:c&..(!ZaaZZhi
hjgcdbYZHeVg`aZeVciheVciVadch‚i^cXZaVcih# hVXg‚ZX]Vbe^dccZYjbdcYZ#6jbdbZciYZhVgZigV^iZ!
B6MGDHH>$G:JI:GH$B6MEEE

A¼jcYZhZh[VchÃaZaVb‚iVe]dgZ]daanlddY^ZccZ/ [^c'%%%!ZaaZidiVa^hV^iYZjmi^igZhdanbe^fjZh!YZjm
®>bV\^cZoBVgna^cBdcgdZVkZXjcZ‚cdgbZXVeVX^i‚ i^igZhbdcY^Vjm!igd^hi^igZhZjgde‚Zch!ZijcZk^Xid^gZVj
i]dgVX^fjZ#¯8]Vbe^dccZZi^XcZ\aVbdjg! XaVhhZbZci\‚c‚gVaYZaV8djeZYjbdcYZ#²(*Vch!
jcXdX`iV^aY‚idccVcifj^Zc\ZcYgZhdjedch VegƒhVkd^gY’hjW^gjcZde‚gVi^dcYZa¼VeeZcY^X^iZZc
Zi_Vadjh^Zh#AdghfjZ!ÃcY‚XZbWgZ&..,!idbWZ jg\ZcXZ![^c[‚kg^Zg!ZaaZViZci‚jcXdbZ"WVX`!|6i]ƒcZh!bV^hVY’VWVcYdccZgYVchaZ'Zidjg|XVjhZYZegdWaƒbZh
aVcdjkZaaZY¼jcXdcigaZedh^i^[|aVcVcYgdadcZ! YdghVjm#®?Zhj^hjceZjY‚jZbV^haVk^ZXdci^cjZ#?ZkV^hbZeg‚eVgZgedjgaVXdbe‚i^i^dchj^kVciZ#?Zhj^h
jchi‚gd‰YZVcVWda^hVci!VcZY‚hdaZeVhidjiaZ XdcXZcig‚ZhjgbdcegdX]V^cdW_ZXi^[!aZh8]Vbe^dccVihYjbdcYZ!Zc;gVcXZ!Vjm<Zih¯CYagaZ&'hZeiZbWgZ#

(H:EI:B7G:'%%)

PDF généré avec les logiciels Sowedoo


(+ BwBDHEDGI

’6<:C969JHEDGI
YVchY^[[‚gZciZhXVi‚\dg^Zh/
<gVcYIdjg^hbZ! ?DJ;HL?;M
HjeZgidjg^hbZ!;dgbjaZ
GZcVjai'%%%!EdghX]Z
E6IG>8@8=ËC:!
8VggZgV8je!8djeZEZj\Zdi
EGwH>9:CI9:HEDGI;B
'%+XXZi8djeZ8a^d#
;diWle_hfbki0
lll#X^gXj^i"VaW^#Xdb

*H:EI:B7G:
6I=AwI>HB:
9^Wcf_eddWjiZ[<hWdY[
Z[i[c_#cWhWj^ed
Dg\Vc^h‚h|AV8djgcZjkZ
.(!XZhX]Vbe^dccVihhdci

HEDG:K:G
djkZgihVjmVi]a‚iZhVnVci
g‚jhh^aZhb^c^bVYVchaZh
bVgVi]dchaVWZaa^h‚h;;6# A6G69>D&%%HEDGI
JcZXdjghZdeZcZhi NBWfWhj_YkbWh_jƒZ[Ifehj<C5
g‚hZgk‚Z|idjiXdjgZjg! CdigZegdbZhhZZhiY¼„igZaVhZjaZgVY^d
;G6C8@;6J<:G:$9EE>

a^XZcX^‚djcdc# &%%hedgi#8ZaaZYdciaVb^hh^dcZhi
;diWle_hfbki/ Y¼^c[dgbZghjgaZhedgi#Cdjhc¼Vkdch
+I;FJ;C8H; lll#VhXVX#cZi eVhaZhbdnZchYZ[V^gZb^ZjmfjZGIA
dj:jgdeZ&hjgaZbjai^eaZm[ddiWVaa#

A6E6G>H>:CC: +H:EI:B7G:
KII
:cgZkVcX]Z!idjhaZhfjVgihY¼]ZjgZ!
Hedgi;BegdedhZjc[aVh]YZfjVa^i‚hjg
:mXajh^kZbZcig‚hZgk‚ZVjm[ZbbZh!XZiiZXdjghZ|e^ZYh¼Veeg„iZ|Xg‚ZgjcZ 9^Wcf_eddWjiZkcedZ[ a¼VXijVa^i‚hedgi^kZ!Zcg^X]^Y¼^ciZgk^Zlh
N cdjkZaaZ[d^ha¼‚k‚cZbZciVjX¶jgYZaVXVe^iVaZ#+%%%XdcXjggZciZhWViigdciaZ AZh8]Vbe^dccVihYjbdcYZ g‚Va^h‚ZheVgaVg‚YVXi^dc#
eVk‚eZcYVci+!*`b#9Zej^hhVXg‚Vi^dcZc&..,!XZ\gVcYgZcYZo"kdjhhedgi^[[‚b^c^c YZKIIhdcidg\Vc^h‚hVjm<Zih
Y^heji‚YVchjcZheg^iYZ[„iZZiYZXdck^k^Va^i‚ZhigVe^YZbZciYZkZcjjcZg‚[‚gZcXZ Zc=VjiZ"HVkd^Z,)# NGk[biiedjb[ih[dZ[p#leki\ehji
YVchaZbdcYZYZaVXdjghZ|e^ZY#AZgZcYZo"kdjhhedgi^[^cXdcidjgcVWaZYZh[ZbbZh AZhh‚aZXi^dchdanbe^fjZh Z[bW]h_bb[Z[h[djhƒ[(&&*#(&&+5
;diWle_hfbki0lll#aV"eVg^h^ZccZ#cZi ZcegdkZcVcXZY¼6i]ƒcZh 7Zc_Vb^cI]dbVhgZegZcYaVigVcX]Z
gZaƒkZgdciaZY‚[^# YjbVi^c,"&%]#²aVb^"_djgc‚Z!jcZ
?ja^Zc6WhVadc!X]Vbe^dc ‚b^hh^dchjgaZEH<#A¼Vegƒh"b^Y^!YZ
("*H:EI:B7G: YZadc\WdVgYVkZXGdbV^c )"*H:EI:B7G: danbe^fjZ'%%)! &,]|&-](%!®8]„cZeg^k‚Z!8]„cZ
G6AAN: BVjg^cZi?dcVi]VcAVgX]Zg# wFJ>I6I>DC ‚igZccZgVhdci^igZYZkVci ejWa^fjZ¯#:iaZhd^g!YZ&-](%|'%]%%!
+,[HWbbo[ZkCedj#8bWdY ;diWle_hfbki0 HW_Zƒgk[ijh[Z[bWIWhj^[ jcejWa^X[ZgkZci# cdjhVjgdchYj[ddi!VkZXjcZ‚b^hh^dc
AZGVaanZYjBdci"7aVcX ]iie/$$l#h#V#[gZZ#[g$ 9Zej^haVhiVi^dcYZh=VgVh ;diWle_hfbki0 he‚X^VaZEH<X]VfjZ_ZjY^#DcgZc[dgXZ
YZbZjgZjcZYZh‚egZjkZh cVi^dcVjmYj<gVcYAjX‚ lll#aZh\Zih'%%)#Xdb ‚\VaZbZciaZhlZZ`"ZcYh/VkZXidjhaZh
eg‚[‚g‚ZhYZhe^adiZh!XdbbZ )"*H:EI:B7G: ,'!hjgaZhX]Zb^chgjgVjm bViX]ZhYjEH<Zc[ddiWVaaZiYjHiVYZ
Zci‚bd^\cZciX]VfjZVcc‚Z BJAI>HEDGIH ZiaZhVaa‚ZhXVkVa^ƒgZhYZaV -"&(H:EI:B7G: ;gVcV^hZcgj\Wn°CdjhhdbbZhVjhh^
aZcdbWgZZiaVfjVa^i‚ F_hWj[7Zl[djkh[I^em [dg„iYdbVc^VaZYZ7ZgX‚! KD>A: eg‚hZcihhjgidjhaZh‚k‚cZbZcihYZ
YZheVgi^X^eVcih# AZhhZchVi^dch[dgiZh aZGV^Y‚fjZhigZYZaVHVgi]Z <[ij_lWbZ[bWFbW_iWdY[ kdaaZn!YZWVh`ZiZiYZiZcc^h!bZiiVci
;diWle_hfbki0 cZbVcfjZgdcieVhadgh egdedhZYZheVgXdjghYZ'% AV',Z‚Y^i^dcYj;Zhi^kVa Zc_ZjYZh‚fj^eZheVg^h^ZccZhdjhZ
lll#hl^hhgVaan#X] YZXZegZb^ZgHVadcdjiYddg |.%`b#IgƒhheZXiVXjaV^gZ# ^ciZgcVi^dcVaYZaVEaV^hVcXZ Y‚gdjaVciYVchaVXVe^iVaZ#
hedgiVkZcijgZVjaVX ;diWle_hfbki0 h¼^chiVaaZeZcYVcih^m_djgh
)"*H:EI:B7G: YZ7VjgZX]((#9Zh I‚a#/%')(,.&'&% hjgaZedgiYZ8VccZh%+# N7l[p#lekiZ[ifhe`[ji[dfhel_dY[5
HJG; ^c^i^Vi^dch|YZhY^hX^ea^cZh EaVX‚hdjhaZh^\cZYZ 6j_djgY¼]j^!cdigZeg^dg^i‚ZhiY¼^chiVaaZg
M[ijIkh\9^Wbb[d][ Vjhh^kVg^‚ZhfjZaZfjVY! )"*H:EI:B7G: a¼^ccdkVi^dcZiYjajmZ! aVgVY^dZcÐaZ"YZ";gVcXZ#CdjhhdbbZh
EdjgaVYZjm^ƒbZVcc‚Z aZ_Zi"h`^!aZh`^cVji^fjZdj 6JIDBD7>A: dcedjggVnVYb^gZg Y^[[jh‚h_jhfj¼|&%%`bVjidjgYZEVg^h#
Xdch‚Xji^kZ!|<j^YZa*+! ZcXdgZaZlV`Z"WdVgYhZgdci =hWdZfh_nZ½7bX_ )*%WViZVjm|[adih!Ydci CdjhVkdchVj\bZci‚a¼VjY^ZcXZYZ*%
jcZbVc^[ZhiVi^dchjg egdedh‚ZhVjejWa^X#aZ AZ8]Vbe^dccViYZ;gVcXZ &-nVX]ihYZ')|)*bƒigZhfj^ ZcjcVcbV^hXZaVcZhj[[^ieVh#FjVcY
aV\a^hhZZiaZhXjaijgZh Fj‚WZXZhia¼^ck^i‚Y¼]dccZjg# HjeZgH‚g^Z[V^i‚iVeZhjg edjggdci„igZZhhVn‚hZcbZg# Hedgi;BhZgVkgV^bZcieZg[dgbVciZ!
jgWV^cZh#:iVjhh^!jcZ ;diWle_hfbki0 aZX^gXj^iY¼6aW^-&#H^m ;diWle_hfbki/ dchZY‚kZadeeZgVVjc^kZVjcVi^dcVa
‚iVeZYZaV8djeZYZ;gVcXZ I‚a#/%**+'%%-&) XdjghZhhdciVjegd\gVbbZ lll#gZZYZmed#[g Zc‚iVcieg‚hZciYVchaZh\gVcYZhk^aaZh#
FHEFEIH;9K;?BB?IF7HB7KH;DJBEKÎJ

LEJH;M;;A#;D: J;D:7D9;

NHVbZY^!fjZafjZhdgV\ZhedjggdciZcXdgZ a¼Vb‚a^dgVi^dceVgidjiV^aaZjghVkZXWZVjXdje gZbZciZchdaZ^aa‚eVgidjiVkZXb„bZeajhYZ NEVha¼dbWgZY¼jccjV\ZedjgaV_djgc‚ZYZ ‚aZk‚ZhedjgaVhV^hdc!eVg[d^hhje‚g^ZjgZh| ZcXdgZaZhdaZ^afj^a¼ZbedgiZgVhjga¼ZchZbWaZ


‚XaViZgYZhEng‚c‚Zh"Dg^ZciVaZhVjm6aeZh! YZhdaZ^aVjegd\gVbbZZiYZhiZbe‚gVijgZh (%•YVchaZHjY"DjZhi#HZjaa¼Zmig„bZHjY" ajcY^hjga¼ZchZbWaZYZaV;gVcXZ!eZgbZiiVci (%•#AZX^ZaedjggV^iXdbbZcXZg|hZkd^aZg YZcdhg‚\^dch#AVX]VaZjgfjVci|ZaaZYZkgV^i
bV^h^ahhZgVg‚[^Zgdci#AViZcYVcXZhZgV| |aV]VjhhZ#9^bVcX]Zh¼VccdcXZeVgi^Xja^ƒ" :hiXdccVˆigVfjZafjZheVhhV\ZhcjV\Zjm# VjmiZbe‚gVijgZhY¼ViiZ^cYgZYZhkVaZjghigƒh bVgY^hjgaV[VVYZViaVci^fjZ#BV^hX¼Zhi hZ edjghj^kgZ VkZX eajh YZ '*• eVgidji#

(H:EI:B7G:'%%)

PDF généré avec les logiciels Sowedoo


(- E:DEA:

v6GDJA:EDJG =DGDHEDGI
B69DCC6
6egƒhh^mXdcXZgih|AdcYgZh!YdcifjVigZ
F7HB7KH;D9;=7B?7D7

VjhiVYZYZLZbWaZn!BVYdccVVW^Zc 6iiZci^dcVjmXdjgVcih
\V\c‚aZYgd^iYZhZY‚iZcYgZhjgYZjm Y¼V^g!|aVXa^bVi^hVi^dc!
gdjZh#HVidjgc‚Z@VWVaV]VY‚bVgg‚aZ Vjm[gVˆX]Zhhd^g‚Zh#Kdh
')bV^|Adh6c\ZaZhZiegZcYgVÃc| WgdcX]ZhgZhiZci[gV\^aZh#
7wA>:G CZaZhY‚XdjkgZoeVh#
A^hWdccZ!aZ&)hZeiZbWgZ#H¼^agZhiZ
fjZafjZheaVXZhVjEdgij\Va!idjiZhi ;V^iZhXd]VW^iZgaZ
XdbeaZiedjgaZhYZjmhd^g‚ZhYZXZlZZ`" X]Vbe^dcZiaZ[V^c‚Vci
fj^hdbbZ^aaZciZckdjh#
96B>:CB:N:G$6;E

ZcY!VjEVaV^hdbc^hedgihYZEVg^h"7ZgXn#

:6<A:$H>E6
²)+Vch!aVBVYdccZ[V^iidj_djghgZXZiiZ# IgdjkZojcgni]bZ
^ciZgb‚Y^V^gZedjgWdj\Zg
hVchkdjh‚ej^hZg#
I6JG:6J
I6C9:B:CDGEDJG 8ZhhZoYZkdjad^g„igZ
XdbbjcAV^hhZok^kgZ
A:H?:JM²B69G>9
9Zej^haZjgbVg^V\Zeg^cX^Zg!aZ&ZgcdkZbWgZ'%%(VjeVaV^hYZaV
aZhXi‚hZmXZcig^fjZh
YZkdigZeZghdccVa^i‚#
:hhVnZoaZi^g|a¼VgXdj
OVgojZaV!AZi^o^VDgi^oZiaZeg^cXZ;Za^eZÃaZciaZeVg[V^iVbdjg#AZ aZhYVchZhWgZidccZh#
'*Vd’i!^ahdciVhh^hi‚|aVYZgc^ƒgZ_djgc‚ZYZh‚egZjkZhYZXnXa^hbZ <wB:6JM
hjge^hiZYZh?ZjmY¼6i]ƒcZh#>ahdciedgi‚X]VcXZ|?dhZ:hXjgZYd! KdjheZchZoeajh|
b‚YV^aaZY¼Vg\ZciYj@Z^g^c#BV^hX¼ZhihjgidjiaVXVcY^YVijgZYZ ajhigZgkdigZeZaV\Zfj¼|
ZcigZiZc^gkdhbjhXaZh#
BVYg^Y|a¼dg\Vc^hVi^dcYZh?#D#'%&'fj¼^ah‚iV^ZcikZcjhegdbdjkd^g#
DjWa^ZoaVhjg[VXZ!eVhhZo
VjmZmZgX^XZhfj^
Y‚kZadeeZcia¼V\^a^i‚#
86C8:G
:CEA:>C KdjhhdbcdaZoZc
gZ\VgYVcieVhhZgaZh
96CHA: egd^Zh#D‘ZhieVhh‚kdigZ
VaaVci4BVc\ZoYZh

B>AA6
:aaZVjgV^iejWg^\jZgjcZ A>DC
egdi‚^cZhedjgkdjh
YdccZgjceZjYZ
bdgYVci#
b‚YV^aaZVjXZcigZdanbe^fjZ
Kdjhg„kZo|YZhgZXdgYh!
YZi^gYZBVg`dedjad#BV^hZaaZ |aVY^hiVcXZbni]^fjZ
c¼‚iV^ieVha^WgZ#B^aaV?dkdk^X] YjbVgVi]dc!)'!&.*`b#
X]Vidj^aaV^iaVY‚iZciZVj?Vedc 8dbbZcXZoeVgbVgX]Zg
|a¼dXXVh^dcY¼jcZidjgc‚ZYZ &`b|k^kZVaajgZhVch
egdbdi^dcYZhdccdjkZVjÃab! K>:G<: kdjhZhhdj[[aZg#
aVhj^iZYZGZh^YZci:k^a!hdjh" AZhVgi^XjaVi^dchYZh
<=DHI$B6MEEE

i^ig‚!A¼6edXVanehZ#:aaZn bV^chYd^kZci„igZ
^ciZgegƒiZ6a^XZYVchjceVnh b‚cV\‚Zh#8dcYj^iZ!
dgY^cViZjg!XdjehYZ
eVhkgV^bZcibZgkZ^aaZjm#
<6GDJ6 76A6C8:
ed^c\hdci|egdhXg^gZ#
9‚iZcYZoVjhh^aZh

A:H7DJA:H
AZhe^ZYhcZhdcieVhidji|[V^i
igVeƒoZh#

KdigZXdc[^VcXZZckdjh
W^ZciVcfj‚h_d^cih!aZWgVh ZhiVjidec^kZVj#
6iiZci^dc!X¼ZhiV^ch^
C>AH?DG<:CH:C$G:M$H>E6

\VjX]ZeVhVhhZoZcVgg^ƒgZZiaZ
fj¼dcgViZaZeVhhV\ZYj
XdgehZcY‚h‚fj^a^WgZVkVci#BV^h
i‚bd^cadghY¼jcgZaV^h!
aZgZ\VgYZhiVX‚g‚#:cigZYZjm H8DGE>DC b„bZfjVcYdceVgi
hd^g‚ZhVjK>EGddbYjgd^YZaV [Vkdg^#
cj^i!?ZVcGdX]!<VgdjVX]d^h^
8¼ZhiaVhZbV^cZYjH;8!
a¼dbWgZYZaVeaVXZYZhA^XZh
edjgeZge‚ijZgaVigVY^i^dc
igde‚o^ZccZYZaVeVgi^ZYZ
JC:;>ÎKG:9:8=:K6A
:aaZZcVYZjm#9Zhcdbh#@Vi^ZEg^XZedjgaZhe]didhYZX]VgbZ!
hncYgdbZYZ[Vi^\jZ
X]gdc^fjZ#Hjeeg^bZo
iVWVX!VaXdda!XV[‚!idjh
e‚iVcfjZYZh\ZchXdccjh# ?dgYVcedjgaVX]Vchdc#IgdjkVcihdc.%7cVijgZaeZjVkVciV\Zjm! H6<>II6>G: edbeZjghYZk^iVb^cZh#
NDH=>@6OJIHJCD$6;E

6egƒhfjVigZXdcXZgihYZgYV\Z! ZaaZVdei‚edjgaZ.%9#AZhgdji^ZghdciVeeg‚X^‚#HZhXVaZcYg^Zgh 8djX]Zo"kdjhVkVci'(]#


^aY‚WjiZ!aZ-dXidWgZ|C^XZ!jcZ h¼VggVX]Zci#AVX]VˆcZYZeVg^hVc\aV^hZH`nKZ\VhA^kZa¼VX]d^h^Z
;djajgZh!Y‚eaVXZbZcih
\gVcYZidjgc‚ZYZ)+YViZh# |YZhhZ^cedjgegdbdjkd^ghdccdjkZVjegd\gVbbZYZijg[#
YZkZgiƒWgZh!ZcidghZh!
ViiZci^dcKdhbjhXaZh
cZhdcieVhZcVX^Zg#

8:II:;6C @:GGNG:AÎK: 86EG>8DGC: HdnZoeg‚kZcVcihVkZX


kdigZXdgeh#

9:BDC68D A:<6CI AV\cVfjZ!kd^a|XZfj^


kdjhbVcfjZ#Hdc\Zo|
H:G<:=6DJO>$C>8:"B6I>C$B6MEEE

9ZhhVaaZhYZ\nbcVhi^fjZedgiZci Dca¼Vkj|bdid!i^gVci|aVXVgVW^cZ!\gViiVci kdjh‚ad^\cZgYZh


hdccdb!ZcEg^cX^eVji‚#AV aV\j^iVgZ!V\g^ee‚VjigVeƒoZY¼jc`^iZhjg[! Xdc[a^ih!YZhhedgihYZ
eg^cXZhhZHi‚e]Vc^ZYZBdcVXd ZcY‚gVeV\ZhjgjchcdlWdVgY#?d]c@Zggn! XdbWVi!YZhgZcYZo"kdjh
K:GH:6J
c¼ZhiedjgiVcieVhg‚eji‚Zedjg XVcY^YViY‚bdXgViZedjgY‚ad\Zg<Zdg\Z d‘^a[VjiXdckV^cXgZ#
„igZjcZhedgi^kZVjhh^Vhh^YjZfjZ 7jh]?gYZaVBV^hdc7aVcX]Z!cZa‚h^cZeVh Kdjh„iZhXdchZchjZaZi
hdc\gVcY[gƒgZ!6aWZgi#BV^hfjVcY^ah¼V\^iYZhdjiZc^g hjgaZhbdnZchedjgX]^[[dccZghdc^bV\Z VYb^g‚#KdigZXdchiVcXZ
a¼6hhdX^Vi^dchedgi^kZYZBdcVXd!XVjhZ[Vb^a^VaZ!ZaaZcZhZ jceZja^hhZ#HjgaZiVgbVXYZa¼V‚gdedgi ZikdigZg‚\jaVg^i‚Vj
[V^ieVheg^ZgedjgZcÃaZgaZbV^aadigdj\Z#6egƒhjcWdc ^ciZgcVi^dcVaYZHVc?dhZ!Zc_djVciVjWVhZ" igVkV^aXdbbZVj
?:;;8=>J$6E$H>E6

Y‚WjiYZjmk^Xid^gZh!a¼6HBgZhiZhjgjcZY‚[V^iZZijccja# WVaa!^aVX]Vhh‚aZcVijgZa###fj^ZhigZkZcj \nbcVhZ[dciYZkdjhaZ


ED>HHDCH
gd^YZa¼dX‚Vc#
EVhZcXdgZjcdjgV\VcbV^hYZfjd^gZhiZgbdW^a^h‚Z# Vj\Vade!ZcXgVkViZZiZcX]Zb^hZ#

(H:EI:B7G:'%%)

PDF généré avec les logiciels Sowedoo

You might also like