FJ E:Ji HJ88:9:G 6ANDC4: DDI76AA"A J:&

Download as pdf or txt
Download as pdf or txt
You are on page 1of 38

&) ') (% ()

;><JG: 6K:CIJG: KDN6<: <A6BDJG


8ng^aBdg‚| ;V^gZaZidjgYj :bWVgfjZg CViVa^Z8dj\]a^c!
a¼VhhVjiYZh?Zjm bdcYZZcgV^Yh edjgaZhKd^aZh jcZcV\ZjhZ
AA::B
B66<<66OO>>CC::H
HEEDDGGII;
;GG::::6I
6III>>IIJJ99:: eVgVanbe^fjZh bjai^hedgih YZHV^ci"IgdeZo bVYZ^ci]ZJH6

;DDI76AA"A><J:&

FJ>E:JI
HJ88:9:G
6ANDC4

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

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
%+
A67:AA:H6>HDC
B[iZƒXkjiZ[iW_ied\eejXWbb_ij_gk[edjb[khi

_dYedZ_j_edd[bi$9[hjW_dih[Y^[hY^[dj"Z„ib[i
fh[c_„h[i`ekhdƒ[i"b[iƒgk_f[igk_Zedd[hedj
iedi[b}bWYed\hedjWj_edZ[ic[_bb[khiYbkXi
Z[<hWdY[$B[ifehj"fekh…jh[X[Wk"[n_][Z[
b½_dY[hj_jkZ[$;jkdZƒXkjZ[iW_iedd½[ijgk[
ikhfh_i[" l[hiWj_b_jƒ"
coij„h[" _dZƒY_i_ed$ &)
;><JG:
8ng^aBdg‚|
a¼VhhVjiYZh?Zjm
6K:CIJG:
')
;V^gZaZidjgYj
bdcYZZcgV^Yh
KDN6<:
:bWVgfjZg
(%

edjgaZhKd^aZh
<A6BDJG
()
CViVa^Z8dj\]a^c!
jcZcV\ZjhZ
AA::B
B66<<66OO>>CC::H
HEEDDGGII;
;GG::::6I
6III>>IIJJ99:: eVgVanbe^fjZh bjai^hedgih YZHV^ci"IgdeZo bVYZ^ci]ZJH6

Fekhgke_b[FI="l_Y[# ;DDI76AA"A><J:&

FJ>E:JI
HJ88:9:G Y^Wcf_edb½Wddƒ[Z[h#
6ANDC4
d_„h["d[YeddW‰jfWibW
hƒkii_j[ Wjj[dZk[5
9ecc[dji[fWii[b½Wh#
h_lƒ[ Z[ 8_n[dj[ B_pW#
hWpk}b½EC5B[ih[Yhk[i IDJHA:HK:C9G:9>H   
<G6IJ>I CDHED>CIH9:9>;;JH>DCHJGLLL# GI#;G <G6IJ>I

Xhƒi_b_[dd[i i[hedj#
E]didYZXdjkZgijgZ/
8]g^hide]ZEVjXZaa^Zg$E]did8d$ [bb[i b½Wjekj cW‰jh[ Z[
8dgW^h#BdciV\ZHedgi # Boed5Jekbeki[j_[dZhW#
j#_bbW'h[fbWY[`kigk½[d
cW_(&&+57kjWdjZ[gk[ij_edi"WkjWdjZ[cWj#
Y^[ifekhohƒfedZh[1b[Y^Wcf_eddWjZ[B'
(&&*%(&&+[ijX[b[jX_[dbWdYƒ$N
EB?L?;HC?B>ECC;
''
HIwE=6C:86G9>C6A:$E:DEA:6K:CJ:$8DG7>H

7DCC:=JB:JG
H6BJ:AA:7>=6C
®?¼V^idj_djghV^b‚aZhedgi#H^_Z
c¼VkV^heVh[V^ijcZXVgg^ƒgZY¼VX"
iZjg! _¼VjgV^h g„k‚ YZ YZkZc^g
hedgi^[ YZ ]Vji c^kZVj# ?¼V^ [V^i

'+
WZVjXdjeYZ_jYdfjVcY_¼‚iV^hVYd#:ijceZjYZ
WdmZVc\aV^hZeajhiVgY#AZ'*hZeiZbWgZ!_ZhZgV^
VjO‚c^i]edjgjcZ\gVcYZhd^g‚ZYZWdmZi]V‰!
dg\Vc^h‚ZeVg?dEgZhX^V!VkZXbZhediZhHV‰Y
IV\bVdj^ZiHV\VbdgZHi‚kZc^c#AVYdjaZjge]n"
h^fjZc¼ZhieVh\gVcY"X]dhZZcXdbeVgV^hdcYZaV
[dgXZbZciVaZYZXZh\Vgh"a|#AZeajhYjgYVchaZ
hedgi!X¼ZhiY¼VeegZcYgZ|eZgYgZ°8Zi‚i‚!_ZbZ
hj^h g‚\Va‚! YZkVci bV i‚a‚! VkZX aZh ?#D# HZ
gZigdjkZg|)]YjbVi¼YZkVcijcbViX]YZ]dX`Zn
hjg\VodcZiigdjkZgV\‚c^Va!X¼ZhifjVcYb„bZ
YjejgWdc]Zjg#?¼V^YZa¼VYb^gVi^dcedjgidjhXZh
&+
hedgi^[hfj^dciYZWZaaZh^ciZci^dch#¯N

HDBB6>G:'* K:C9G:9>&,H:EI:B7G:

%):C?:JMGwHJAI6IH &-8=6AA:C<: (%KDN6<:G


HEDGI ;G:: 6II>IJ9: :HI 9>HIG>7Jw ²/  AZhegdcdhi^Xh  AZIde&+[V^ihdch]dl  HV^ci"IgdeZo
7DG9:6JM!A>AA:!ANDC!B6GH:>AA:!
BDCIE:AA>:G!C6CI:H!C>8:!E6G>H$GE!
 ZiaVXdiZYZh‚fj^eZh  Jcgj\Wn®cZladd`¯  A¼}bZXdghV^gZ
G:CC:H!HIG6H7DJG<:IIDJADJH:
’ EdjgigdjkZgidjhaZhed^cihYZY^hig^Wji^dc/mmm$\h[[ifehj$\h %+A¼wKwC:B:CI '%DBC>HEDGIH ('7>:C"ËIG:
DeiYebfehj[khiiedj^WX_bbƒifWh  ;ddiWVaa/aZh\gVcYh  A¼VXijVa^i‚ZcWgZ[!  AZWajZhYZa¼VjidbcZ
 Zc_ZjmYZaVA^\jZ&  oddbhjgaZeVgVX]ji^hbZ  8dbbZciaZeg‚kZc^g
Hedgi;gZZ6ii^ijYZ 8g‚Vi^dc/ 9^gZXiZjgXdbbZgX^VaZibVg`Zi^c\/
 GZkjZY¼Z[[ZXi^[h 
H^ƒ\ZhdX^Va/
6cid^cZAV[[daVnAVWZ
EdlZgZYWn9Vidm
9^gZXi^dcVgi^hi^fjZ/
;gVcd^hGdhh^\cda-.,,
GZhedchVWaZbVg`Zi^c\/
BVg^Z7djgYdc-.,%
 YZh‚fj^eZh! '';G::HINA: ()<A6BDJG
&+"&-!gjZG^kVn.'(%%AZkVaad^h"EZggZi EVhXVaAVgX]‚-.*- GZhedchVWaZYZhde‚gVi^dch/  aZjghVidjihZi  wfj^a^WgZ^chiVWaZ  CV\Zg_jhfj¼|eajhhd^[
H6VjXVe^iVaYZ&'-)%%%æ
G8HCVciZggZ7)).%&..+,
BVfjZii^hiZh/
;g‚Y‚g^fjZ<dgZ-.+%
;gVc`9jXgZi-.+-
8]Z[YZegd_ZiY^[[jh^dc/
 aZjgh[V^WaZhhZh  A¼^i^c‚gV^gZYjhjg[Zjg  CViVa^Z8dj\]a^c!
I‚a#/%&)&',-.,. AVZi^i^V@VaV[Vi-.+& K^g\^c^Z8dhiZ-.,*   wg^XGZW^ƒgZ  aVcV\ZjhZaVeajhi^ig‚Z
;Vm/%&),(,+-)) HZXg‚iV^gZ\‚c‚gVaZ 8]Vg\‚ZYZXdbbjc^XVi^dc/
&);><JG:  YZhYZgc^Zgh?#D#
LZW/lll#hedgi[gZZVii^ijYZ#Xdb
:bV^a/XdciVXi5hedgi[gZZVii^ijYZ#Xdb
YZg‚YVXi^dc/
;adgZcXZGdjXdaaZ-.*+
?ja^ZiiZEVhXVa-.++
EjWa^X^i‚/EjWa^XViG‚\^Z%&)%(.   Ed^\cZYZ[Zg ')6K:CIJG:
Eg^cX^eVjmVhhdX^‚hZi[dcYViZjgh/
7gjcd7gZidc!;gVcX^h?Vajodi!
HZXg‚iV^gZYZg‚YVXi^dc/
=‚aƒcZ<gdc^Zg-.*,
c•edhiZ#K^g\^c^ZAVeaVXZ&(.%!
6ccZ"8]g^hi^cZ8aZX¼]&(',!C^XdaVh
 8ng^aBdg‚!ZhXg^bZjg  KdnV\ZVjWdji (+BwBDHEDGI
;gVcd^hGdhh^\cda
Eg‚h^YZciZiY^gZXiZjgYZaV
8]Z[e]did/ 6cYgZVjai&(+(!GVe]V…aaZGdX]&(%+!  Vjm?ZjmeVgVanbe^fjZh  YZa¼Z[[dgi  6\ZcYV!h‚aZXi^dc
6cVIZcdg^d"EdciZh-.+) H‚WVhi^ZcHdWdja&('&
 AZM"6YkZcijgZGV^YHZg^Zh  b‚Y^Vh!b‚i‚d
ejWa^XVi^dc/;gVcX^h?Vajodi-.,+
9^gZXiZjg\‚c‚gVaY‚a‚\j‚
>Xdcd\gVe]Z/
6aZm^hG‚Vj-.+(
;VWg^XVi^dc/6cc^X`Idggƒh9ZaiV
<gVe]^X!.'>hhn"aZh"Bdja^cZVjm &+8=6AA:C<:  ZicdjkZVji‚h
|a‚Y^idg^Va/7gjcd7gZidc-.,- DciXdaaVWdg‚|XZcjb‚gd/ >begZhh^dc/Fj‚W‚XdgH6!
 <da[/a¼:jgdeZY‚[^Z '+DJI9DDG
(-E:DEA:
G‚YVXiZjgZcX]Z[/ 8]g^hide]Zg6aWVcd!8]g^hide]Z6adchd! ,,))%BVgn"hjg"BVgcZ
Da^k^ZgB^a]dbbZ-.,(
G‚YVXiZjghZcX]Z[VY_d^cih/
8ng^a6odjk^!7Vei^hiZ7aVcX]Zi!
GZcVjY7djgZa!GdcVc;da\dVh!
I^gV\Z/+%%%%%ZmZbeaV^gZh
9‚eiA‚\Va/|eVgji^dc
 aZhwiVih"Jc^h  K^kZoaZg„kZY¼>XVgZ
7gjcd8a‚bZciad^h^gh-.,& 9db^c^fjZYZAVIdjg!9Zc^hAZWdjk^Zg! C•>HHC/&,+)"&,*+  ²9Zigd^i!aVa‚\ZcYV^gZ  AZhhZchVi^dchjc^fjZh  A¼VXijVa^i‚hedgi
AVjgZciAdj…ihedgi!‚k‚cZbZcih-.,'
8]Z[hYZhZgk^XZ/
8aV^gZGVncVjY"<Vhi^cZVj!
E]^a^eeZIZhiVgY"KV^aaVci!
6Y]‚gZci|9^[[jh^dc8dcigaZZiVj8:HE
HedgihB‚Y^VhHigVi‚\^Z!'%%)  GnYZg8je  YjeVgVeZciZ  YZhhiVgh
IdjiZgZegdYjXi^dcZi$djgZeg‚hZciVi^dcb„bZ
Hi‚e]VcZB‚_Vcƒhad^h^gh-.+,! BVm^bZI^hhdi! hjeZgk^h‚ eVgi^ZaaZZhi^ciZgY^iZhVchaVjidg^hVi^dc‚Xg^iZ
A^dcZaKZaaVhedgi!‚k‚cZbZcih-.+' eVg=j\jZh9Vc\n eg‚VaVWaZYZa‚Y^iZjg#

&,H:EI:B7G:'%%)

PDF généré avec les logiciels Sowedoo


) :C?:JMGwHJAI6IH

;dgbjaZ&  Gj\Wn
<G6C9EG>M9¼>I6A>: 8A6HH:B:CI<wCwG6A9:HE>ADI:H 8A6HH:B:CI IDE&+·*Z?DJGCw:
9:H8DCHIGJ8I:JGH
6GG>Kw: EIH EIH E:GE><C6C·8A:GBDCI"6# )("&% E6J·7G>K: &+"&)
&# GJ7:CH76GG>8=:AAD7G: &=&*¼&-º))- &# B>8=6:AH8=JB68=:G;:GG6G> &(+ 6<:C·7>6GG>IO ''"&' 7wO>:GH·HI69:;G6Cv6>H &'")&
&# ;:GG6G> '()
BDCIE:AA>:G·IDJADJH: ''"'( 76NDCC:·7DJG<D>C &-"&-
'# B>8=6:AH8=JB68=:G6AA ²&¼¼(), '# GJ7:CH76GG>8=:AAD;:GG6G> .- '# 76G"=DC96 .) 6J8=·86HIG:H &("'' C6G7DCC:·<G:CD7A: &+"&+
(# ?:CHDC7JIIDC6C< ²&%º&., (# ?:CHDC7JIIDC76G"=DC96 ,& (# G:C6JAI .&
)# I6@JB6H6ID?6E ²&*º(,% )# ?6GCDIGJAA>G:C6JAI )+ )# L>AA>6BH"7BL +% 8A6HH:B:CI EIH 7 ? < C E EE E8 9>;
*# ?J6CE67ADBDCIDN68DA ²('º(*' *# ;:GC6C9D6ADCHDG:C6JAI )* *# B8A6G:C"B:G8:9:H *' &#E:GE><C6C '% ) * ) % & &+) -. ,*
+# 96K>98DJAI=6G9:8D ²((º)(. +# ?J6CE67ADBDCIDN6L>AA>6BH"7BL )' +# H6J7:G"E:IGDC6H '.
'#7>6GG>IO &. ( * ) % & &*' +) --
,# 6CIDC>DE>OODC>67G: ²((º,*' ,# @>B>Gt>@@yC:CB8A6G:C"B:G8:9:H '- ,# ?6<J6G &%
-# <>6C86GAD;>H>8=:AA6>I6 ²(*º)(& -# 96K>98DJAI=6G9B8A6G:C"B:G8:9:H ') (#6<:C &- % * ) & % &%. -. '(
-# IDNDI6 .
HjgaZX^gXj^iYZBdcoV>iVa^Z!aVhXjYZg^V;ZggVg^Vedjghj^k^ .# I6@JB6H6ID76G"=DC96 '( .# ?DG96C"8DHLDGI= * )#7DJG<D>C &, ( * ( & & &). ,) ,*
hdcXVkVa^ZghZja#8ZiiZ[d^h!X¼ZhiaZ7g‚h^a^ZcGjWZch7Vgg^X]Zaad
;ZggVg^fj^h¼Zhi^bedh‚YZkVciB^X]V…aHX]jbVX]Zg# &%# <>6C86GAD;>H>8=:AA6H6J7:G"E:IGDC6H &. &%# B>C6G9>"8DHLDGI= & *#86HIG:H &, & * ( ' % &&) .* &.

+#HI69:;G6Cv6>H &) ' * ( % ' &*( &&( )%

;ddiWVaa ,#7G>K: &) ' * ( % ' &') .* '.

-#IDJADJH: &) ' * ( % ' &(& &'+ *


A><J:&·*Z?DJGCw: 8A6HH:B:CI EIH ? < C E 7E 78 9>;
.#BDCIE:AA>:G &% ' * ' % ( &&) &'% "+
IDJADJH:·686?688>D ("& 86:C·A:CH &"%
.#86:C - * ' ' & * ) &
B:IO·7DG9:6JM %"% HD8=6JM·B6GH:>AA: '"% &%#<G:CD7A: . & * & ' ' &%% &(* "(*
76HI>6·6JM:GG: &"% A>AA:·C>8: &"% &%#B6GH:>AA: , * ' & ' + + %
G:CC:H·ANDC &"' >HIG:H·E6G>HH< &"& &&#76NDCC: - ' * & & ( &%- &). ")&
BDC68D·HIG6H7DJG< ("& HI:I>:CC:·C6CI:H %"% &&#HD8=6JM , * ' & ' * * %
&'#E6J - % * ' % ( -% &'* ")*
8A6HH:B:CI EIH ? < C E 7E 78 9>; &'#G:CC:H , * ' & ' + , "&
&(#C6G7DCC: , & * & & ( ,( &), ",)
&#IDJADJH: && * ( ' % && * + &(#A>AA: , * ' & ' ( ) "&
&)#7wO>:GH + ' * & % ) .% &(( ")(
'#B:IO && * ( ' % , ( ) &)#E6G>H"H< ( * % ( ' , . "'
&*#8A:GBDCI"6JK:G<C: ) % * & % ) -+ &(' ")+
(#76HI>6 && * ( ' % + ( ( &*#C6CI:H ( * % ( ' ( * "'
&+#6J8= ' ' * % % * ,' &(+ "+)
"#ANDC && * ( ' % + ( ( &+#>HIG:H ( * % ( ' ) , "( 
EZge^\cVcegZcYaVi„iZYjXaVhhZbZci\g}XZ|hdcaVg\ZhjXXƒhhjg8aZgbdci"6jkZg\cZ
*#BDC68D &% * ( ( % & &&% ( &,#H6>CI"wI>:CC: ( * % ( ' ( , ")
)("&%ZiegdÄiZYZaVegZb^ƒgZY‚[V^iZYZ7^Vgg^io|6\Zc''"&'#IdjadjhZ!fj^\V\cZ|
&-#HIG6H7DJG< ' * % ' ( * && "+ BdcieZaa^Zg''"'(!ZiaZHiVYZ;gVcV^h!kV^cfjZjg|7‚o^Zgh&'")&!gZigdjkZciYZhXdjaZjgh#
+#6JM:GG: . * ( % ' + * & :cWVhYZiVWaZVj!aVh^ijVi^dcYZk^ZciY^[ÄX^aZedjg6jX]!WViijeVg8VhigZh&("''#
,#7DG9:6JM - * ' ' & , ' * &.#C>8: ' * % ' ( ( . "+

-#A:CH - * ' ' & + ' ) '%#686?688>D & * % & ) ( - "*



Igd^h‚fj^eZhhjgeg^hZh!IdjadjhZ!BZioZi7Vhi^V!h¼^ck^iZciZc]VjiYjXaVhhZbZci#IdjadjhZk^Xidg^ZjmY¼6_VXX^d("&YZk^ZciaZVYZg#Andc!VegƒhhVeg‚X^ZjhZk^Xid^gZ|GZccZh&"'!
ZiBdcVXd![VX^aZkV^cfjZjgYZHigVhWdjg\("&!egZccZciaZjghY^hiVcXZhVkZXaZhVjigZh[Vkdg^h#BVghZ^aaZZcgZ\^higZhVYZjm^ƒbZY‚[V^iZXdch‚Xji^kZ|HdX]Vjm'"%ZiEVg^hH<!
ADID;DDI,&*
idj_djghVjed^cibdgi!dWi^ZciaZcja[VXZ|>higZh&"&#
AZhegdcdhi^XhYZ
K6A>96I>DC?JHFJ¼6J&-H:EI:B7G:&.=)*
:C7G:;### & B6GH:>AA: IDJADJH: & C '
KII!>CH6I>67A:67H6ADC <DA;!DCC¼6GGÌI: 6I=AwI>HB:!9DAA6GHEDJG ' ANDC ANDC & C '
6egƒhaZh?Zjm!aZhBdcY^Vjm?ja^Zc
6WhVadcZhik‚g^iVWaZbZciaZgd^
EAJHH>C<=
>aZhiY‚hdgbV^had^caZiZbehd‘
L>AA>6BH"96GA>C<:IDAHHDC
>ahhdciYZjm|hZeVgiV\ZgaZb^aa^dc
( HIG6H7DJG< A:CH & C '
^cXdciZhi‚YjXgdhh"Xdjcign#6jm K^_VnH^c\]h¼ZcigVˆcV^ihjgaZiVgbVX YZYdaaVghegdb^hVjkV^cfjZjg ) 686?688>D 6HHI:I>:CC: & C '
<Zih!aZ_ZjcZKdh\^ZcYZ')Vch
h¼ZhiVY_j\‚hdcegZb^Zgi^igZYZ
YZa¼V‚gdYgdbZ[^Y_^Zc!d‘d[[^X^V^i
hdceƒgZ#>aZhiVj_djgY¼]j^aZbVˆigZ
YZaV<daYZcAZV\jZcYag/
bZZi^c\hYZ7Zg\Zc!GdbZ!EVg^h"
* 6JM:GG: B:IO & C '
X]Vbe^dcYjbdcYZ#AdXdbdi^kZYj Yj\da[bdcY^Va#6egƒhVkd^gY‚igc‚ Hi"9Zc^h!Ojg^X]!7gjmZaaZh!7Zga^c# + C>8: HD8=6JM & C '
KII[gVcV^h!6WhVadcZcigVˆcZYVch I^\ZgLddYh!^anVbd^chYZYZjm :iedjggZhiZg‚fj^iVWaZ_jhfj¼VjWdji! , E6G>HH#<# BDC68D & C '
8DG>CC:9J7G:J>A$K6C9NHI69I

hdch^aaV\ZY¼VjigZh_ZjcZhiVaZcih hZbV^cZh|7dhidc!XZaj^YdciaZ a¼jcYZh]ZjgZjm\V\cVcihZhijcZ


Ydci8‚Yg^XGVkVcZa!'+Vch!YZjm^ƒbZ eg‚cdbkZjiY^gZk^Xid^gZZc^cY^ZcV [ZbbZ!a¼VjigZjc]dbbZ#>ah¼V\^i - C6CI:H >HIG:H & C '
|*,¼¼YjX]Vbe^dcdanbe^fjZZi
edjgiVciVWhZci|6i]ƒcZh#AZHj^hhZ
gZbedgi‚jccdjkZVjhjXXƒh|a¼DeZc
Yj8VcVYVE<6idjg#HdchZei^ƒbZ
YZaV7V]Vb^ZccZIdc^fjZL^aa^Vbh"
9Vga^c\!hjg)%%b!ZiYjHj‚Yd^h
. A>AA: 86:C & C '
I:CC>H!ID>I9JBDC9: ;g^hX]`cZX]iXdbeaƒiZXZedY^jbVj 8]g^hi^VcDahhdcVjig^eaZhVji# &% C>DGI IGDN:H & C '
EDJGB6JG:HBD
<gVcYZegZb^ƒgZYVchaZiZcc^h
eVg[jbaVg\ZbZciWaZj"WaVcX"gdj\Z# ²7Zga^c!aZlZZ`"ZcYYZgc^Zg!
aZYjdZhigZhi‚^cidjX]VWaZ!
&& 8G:I:>A 8=6I:6JGDJM & C '
[gVcV^h/jcZ;gVcV^hZYZk^Zci I:CC>H!A¼6BwG>FJ:EDJG aVheg^ciZjhZh¼VXXdgYVcib„bZjc &' 8=:AH:6 IDII:C=6B & C '
;:9:G:G:I@JOC:IHDK6
cjb‚gdjcbdcY^Va#6b‚a^ZBVjgZhbd
g‚XdaiZaZh[gj^ihY¼jcZhV^hdc'%%) JcZXdc[^gbVi^dcZijcZhjgeg^hZ#8¼Zhi
cdjkZVjgZXdgYeZghdccZa|).¼¼%,# &( HDJI=6BEIDC C:L86HIA: & C '
XdchiVciZhVch„igZedjgVjiVci XZfj¼^a[VjigZiZc^gYZa¼JHDeZc'%%)# HFJ6H=!<6JAI>:G &) 7DAD<C: B>A6C68 & C '
ajb^cZjhZ#:cZ[[Zi!6b‚a^Zc¼V
gZbedgi‚VjXjcbV_ZjgbV^hV[V^i
Gd\Zg;ZYZgZgc¼VaV^hh‚VjXjcZX]VcXZ
|AaZnidc=Zl^ii+"%!,"+!+"%#8]ZoaZh
>B>I:A>C8DJ
9dbbV\ZfjZaZhfjVh]cZhd^ieVh
&* ?JK:CIJH 6I6A#7:G<6B: & C '
=6GGN=DL$<:IIN$6;E

egZjkZY¼jcZg‚\jaVg^i‚‚idccVciZ( [^aaZh!XdbbZBnh`^cV|GdaVcY"<Vggdh jcZY^hX^ea^cZdanbe^fjZ#6egƒh B^hZZc_ZjY¼jceVXidaZYZ&b^aa^dcY¼Zjgdh


AV\g^aaZYZAdid;ddi,cZXdbedgiZfjZaZh,egZb^ZghbViX]Zh#
fjVgihYZ[^cVaZ6jhigVa^Z!GdaVcY" ZiH]VgVedkV|L^bWaZYdc!X¼ZhijcZ I]^ZggnA^cXdj!kV^cfjZjg|a¼DeZc
<Vggdh!JHDeZc!&YZb^"[^cVaZ GjhhZfj^h¼^bedhZ+"(!,"*#HkZiaVcV YZ=dc\@dc\!X¼Zhi<g‚\dgn<Vjai^Zg
L^bWaZYdcidjiZch¼^bedhVci @jocZihdkV!&.Vch!Veg^had\^fjZbZci YZaVhV^hdc#JcZeZg[dgbVcXZfjZ cjb‚gd&&bdcY^Vafj^hdgi
A6;G6Cv6>H:9:H?:JM>CCDK::CEGDEDH6CI9wHDGB6>H
|7Zga^c!GdbZZiBdcig‚Va#HVch aZYZhhjhhjg:aZcV9ZbZci^ZkV hZjah(\da[ZjghVkV^ZciVjeVgVkVci k^Xidg^ZjmYZhX]Vbe^dccVihY¼:jgdeZ
9:JM<G>AA:H:CJC:#A6EG:B>ÏG:<G>AA:8DBEDHw:9:HB6I8=:H
XdbeiZgjcZb‚YV^aaZY¼Vg\Zci jcZVjigZGjhhZ![^cVa^hiZY‚_| g‚Va^h‚/LddYh!C^X`aVjhZi?d]ccn dg\Vc^h‚h|7gVi^haVkVHadkVfj^Z# CJBwGDIwH9:&²,:HI<6<C6CI:²E6GI>G9:+7DCHEGDCDHI>8H#
g‚Xdai‚ZVjm?Zjm#;^cVaZbZciXZiiZ bVa]ZjgZjhZ|GdaVcY"<Vggdh#8ZaV B^aaZg#²)&Vch!aZ;^Y_^Zc!VY‚_| AZ_ZjcZGdjZccV^h!cjb‚gd' A6H:8DC9:<G>AA:8DBEDHw:9:HB6I8=:HCJBwGDIwH9:&²&*:HI
Ygd^i^ƒgZYZ&!,*bigcZidjiaV]Vji egdbZiedjgaV;ZY8jeYdciaV[^cVaZ VbVhh‚eajhYZ-!,b^aa^dchYZ [gVcV^h!VWViijZc[^cVaZa¼Zm"cjb‚gd <6<C6CI:²E6GI>G9:&'7DCHEGDCDHI>8H#
VjhdbbZiYjiZcc^h[‚b^c^c#7gVkd Zhiegd\gVbb‚Z|°BdhXdj# YdaaVghYZ\V^chXZiiZVcc‚Z# jcbdcY^Va!?d]cL]^iZ("'#

&,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

8=6BE>DCC6I9:;G6C8:·A><J:&

HJ88:HH>DC
8=G>HIDE=:E6J8:AA>:G$E=DID8D$8DG7>H

&,H:EI:B7G:'%%)

PDF généré avec les logiciels Sowedoo


,

?:6C"B6G>:=:GK>D$;A6H=EG:HH$9EE>
Fj^eZji[V^gZeZgYgZaZhdjg^gZXZiiZVcc‚ZVjeg‚h^YZciandccV^h!?ZVc"B^X]Za6jaVh4

9Zej^hY‚WjiVd’i!aZX]Vbe^dccViYZ
;gVcXZZcA^\jZ&ZhieaZ^cY¼^beg‚kjh#
G‚k‚aVi^dch!djih^YZgh![Vkdg^h!egdbjh°
Fj^hjXX‚YZgV|Andc!X]Vbe^dcYZ;gVcXZ
Zci^igZ49‚XdjkgZoaZh[dgXZhZceg‚hZcXZ###

’
6eg^dg^!aV[dgbjaZZhi X]Vbe^dccVi'%%)"'%%*Zhi!|XZi^igZ!
h^bea^hh^bZ/'%‚fj^eZhVj igƒhg‚k‚aViZjg#9Zej^haZhVbZY^
Y‚eVgiY¼jcZXdbe‚i^i^dcaZh ,Vd’i!YViZYZaVegZb^ƒgZ_djgc‚ZYZ
XdcYj^hVci|idjiZhhZgZcXdcigZgYZjm A^\jZ&!aZhhjgeg^hZhcZXZhhZciYZhZ
[d^h·X]Zoa¼jcZ!X]Zoa¼VjigZ·adghYZ bjai^ea^Zg#9ZhbViX]Zhd‘aZh[Vkdg^h
(-_djgc‚Zh#Edjg‚iVWa^gaV]^‚gVgX]^Z! ig‚WjX]Zci!d‘aZhhVch"\gVYZhhZ
jcWVgƒbZYZed^cihg‚XdbeZchZaZh gZW^[[Zci###6jidiVa!X^cf_djgc‚ZhYZ
eajheZg[dgbVciZh/(eiheVgk^Xid^gZ! X]Vbe^dccViZiVjiVciYZaZVYZghVj
&eiVjmYZjm‚fj^eZh[V^hVcibViX] XaVhhZbZci/A^aaZ!BVghZ^aaZ!AZch!
cja!%eieVgY‚[V^iZ#AZXjbjaYZh BZioZiZcÃcIdjadjhZkd^ge#-#
ed^cihZcgZ\^hig‚heVgX]VfjZ‚fj^eZ 6kVciaZh+ZZi,Z_djgc‚Zh!XZhdciBZio
eZcYVciaZX]Vbe^dccVieZgbZi 'Z!7Vhi^VZiAndc(ZhZmVZfjdfj^
Y¼‚iVWa^gjcXaVhhZbZci#:iYZ XdbeaƒiZciaZig^dYZi„iZ#=dgb^ha¼DA!
Y‚h^\cZgaZX]Vbe^dcYZ;gVcXZ!hZh ^a[VjiYZhXZcYgZeajhWVhYVchaZ
YVje]^ch!fjVa^ÂhZcA^\jZYZh iVWaZVjedjgigdjkZgaZh\gdhWgVhYj
8]Vbe^dch'ZZi(ZZiZc8djeZJ:;6 X]Vbe^dccVi/BdcVXd*ZZi7dgYZVjm
)Z#AZhigd^hYZgc^ZghYjiVWaZVjhdci! ,ZhdcihjgdgW^iZZiViiZcYZciaZjg
fjVci|Zjm!gZa‚\j‚hZcA^\jZ'aV ]ZjgZ#A¼Danbe^fjZYZBVghZ^aaZ&%Z
hV^hdchj^kVciZ# X]ZgX]ZZcXdgZaVWdccZXVgWjgVi^dc!
AZX]Vbe^dccViYZ;gVcXZYZA^\jZ& hVchVkd^gXdbegdb^hhdcVkZc^g#
ZhijcZ‚egZjkZVjadc\Xdjghfj^eZji FjVciVjEVg^hH<&)Z|-eihYj
eVg[d^haV^hhZgeZchZgfjZaZWVaadc aZVYZg!hVh^ijVi^dcZhieajh
idjgcZhVchÃcZihVchhjgeg^hZh# ^cfj^‚iVciZ#6jed^cifjZa¼dchZ
EdjgiVci!aZ_ZjYZ[ddiWVaag‚hZgkZ YZbVcYZh^EVg^hc¼VeVh]nedi]‚fj‚
X]VfjZVcc‚ZhdcadiY¼^beg‚kjh| hZhX]VcXZhÃcVaZhYƒha¼‚i‚###N
XZjmfj^h¼n^ci‚gZhhZci#AZY‚WjiYj B7KH;DJBEKÎJ"B?ED;BL;BB7;JHED7D<EB=E7I

CDJK:GI: &,H:EI:B7G:'%%)

PDF généré avec les logiciels Sowedoo


- A¼wKwC:B:CI;DDI76AA

IDJADJH:;8
8Gww:C&.,%
:CA><J:&9:EJ>H'%%(
7J9<:I'%%)"'%%*/'*Bæ

wFJ>E:INE:

GZkVjaiXVe#

 8aZgX 6gg^WV\‚ A^ƒkgZ 6jWZn

 :bVcV 8VgYn IV‰YZg 9VabVi

 BdgZ^gV HjVgZo

IDJADJH:;8

HIwE=6C:G:>M$;A6H=EG:HH$9EE>
HIwE=6C:G:>M$;A6H=EG:HH$9EE>

:CIG6ÑC:JG/:g^X`BdbWVZgih8A6HH:B:CI/&ZgVkZX&&eih

E=>A>EE:BDCI><CN$K6C9NHI69I
8ajWXg‚‚Zc&.,%
:cA^\jZ&YZej^h'%%(
A:H*9:GC>:GHGwHJAI6IH IDJADJH:·E6G>H"H< '"&
7jY\Zi'%%)"'%%*/'*Bç
IDJADJH:·A:CH %"% C6CI:H·IDJADJH: '"'
:fj^eZineZ/GZkVjaiXVe#·8aZgX!6gg^WV\‚!
HIG6H7DJG<·IDJADJH: &") IDJADJH:·686?688>D ("&
A^ƒkgZ!6jWZn·:bVcV!8VgYn!IV‰YZg!9VabVi
8:A:69:GFJ¼DCC¼6II:C96>IE6H ·BdgZ^gV!HjVgZo#
EdjghVYZjm^ƒbZ
:cigVˆcZjg/:g^X` A¼^cZme‚g^ZcXZYj

’
AZbdcYZ|a¼ZckZgh#6adgh VchYZegd[Zhh^dccVa^hbZ¯!V_djiZ! \gdjeZZhigZbVgfjVWaZ!hdja^\cZ!ÃZg
BdbWVZgih
hV^hdceVgb^a¼‚a^iZ igƒh]Vjic^kZVj
fjZaZHiVYZIdjadjhV^c Vbjh‚!9db^c^fjZ6gg^WV\‚#AZh YZaj^!:g^X`BdbWVZgih#>acZa}X]ZgV
YZej^hhdcgZidjg!aZI;8
AZjghX^cfegZb^Zghg‚hjaiVih/ cVi^dcVaedjggV^i]VcY^XVeZg
WVaWji^Zhdcgj\WnYVchaZ IdjadjhV^chc¼ZcgZhiZcieVhbd^ch g^Zc#BV^hdccZh¼V[[daZeVhedjgVjiVci#
Ide&+!aZIdjadjhZ[ddiWVaaXajWigjhiZ ajX^YZh#BVa\g‚jcgZXgjiZbZci DcZhiXdchX^ZcihYZhVkVaZjg#?ZhV^h egd[^iZYZa¼‚aVc^chj[[a‚
&ZgZ_djgc‚Z/IdjadjhZ"AZch!%"%jcZ‚fj^eZgZaVi^kZbZci
aV&gZeaVXZZcA^\jZ&#Fj^a¼Z’iXgj4 ^ciZaa^\Zci|a¼^ciZghV^hdcVgg^k‚Z fj¼dccZhZgVeVhWg^aaVcihidjiaZ eVgjcZcdjkZaaZ‚fj^eZ _ZjcZ#AZhIdjadjhV^ch
'ZbZ_djgc‚Z/HigVhWdjg\"IdjadjhZ!&")
EZghdccZ#EVhb„bZaZh_djZjgh# cdiVbbZciYZ_djZjghgdbejh|aVA& iZbeh#A¼^bedgiVciZhiYZhZgVeegdX]Zg Y^g^\ZVciZVbW^i^ZjhZ# hVjgdci"^ahXdci^cjZg|_djZg
(ZbZ_djgc‚Z!IdjadjhZ"EVg^h"H<!'"&
®CdigZeaVXZZhihjgegZcVciZ#DccZ iZahBdgZ^gV!9VabVi!6gg^WV\‚! aZeajhk^iZedhh^WaZYZh)'eih 9Zh_djZjghiVaZcijZjm hVchaVbd^cYgZegZhh^dc
h¼ViiZcYV^ieVhYjidji|XZaV¯!XdchiViZ H^g^Z^m!IdjadjhZhV^ifjZaVhV^hdc [Vi^Y^fjZh!hncdcnbZhYZbV^ci^Zc# 9VabVi!BdgZ^gVfj^dci a^‚Z|aZjghWdchg‚hjaiVih4
Hi‚e]VcZ9VabVi#®8¼ZhiaVegZb^ƒgZ hZgVadc\jZ#:ifj¼^a[VjYgVeVhhZgeVg :chj^iZ!dcedjggVeZji"„igZkd^g jcZgZkVcX]Z|egZcYgZ#
[d^hfjZ_ZbZgZigdjkZaZVYZgZcigZ^oZ YZhe‚g^dYZheajhY‚a^XViZh#®AZ eajhad^c#¯B$L$

<>GDC9>CH9:7DG9:6JM;8
8Gww:C&--&
:CA><J:&9:EJ>H&--&
7J9<:I'%%)"'%%*/)'Bæ

wFJ>E:INE:

GVb‚XVe#

 ?ZbbVa^ EaVcjh @Veh^h ?jg^Zii^

 ;gVcX^V BVkjWV BZg^Zb Gdda

 8]VbV`] AVhaVcYZh

:CIG6ÑC:JG/B^X]ZaEVkdc8A6HH:B:CI/,ZVkZX-eih
?#E#I=DB6H$;:E$E6CDG6B>8

A:H*9:GC>:GHGwHJAI6IH A>AA:·7DG9:6JM %"%


B6GH:>AA:·7DG9:6JM &"% 7DG9:6JM·HD8=6JM '"%
7DG9:6JM·C>8: *"& B:IO·7DG9:6JM %"%

EA68:6JM?:JC:H 
9Zh_ZjcZh AZY‚eVgiYZ

’ 8dbbZX]VfjZVcc‚Z!aZh
<^gdcY^chhZhdciY‚eajb‚h
|a¼^ciZghV^hdc#EVgb^aZh
Zm"_djZjghbV_Zjgh!:YjVgYd8dhiV
ZhieVgi^|BVghZ^aaZZi8VcZ^gVVj
7dgYZVjm#EVhh^cdjkZVjmY¼V^aaZjgh
ej^hfjZaZheg^cX^eVaZhVgg^k‚Zh!
AVhaVcYZhZiBZg^Zb!gZhhZbWaZci
YVkVciV\Z|YZhgZidjghVjWZgXV^a#²
cdiZga¼Vgg^k‚ZYjX]Vbe^dcY¼:jgdeZ
bVjkV^hZcdjkZaaZVkZXjcZ[[ZXi^[
VhhZog‚Yj^i#AZY‚WjiYZX]Vbe^dccVi
VZjaZb‚g^iZYZg‚XdcX^a^ZgaZejWa^X
WdgYZaV^hVkZXhdc‚fj^eZ#9Zjm
bViX]ZhZiYZjmk^Xid^gZh|Ydb^X^aZ
iVaZcijZjmXdbbZ
8]VbV`]djBVkjWV
^cXVgcZcia¼VkZc^gWdgYZaV^hZi
[dcihdj[[aZgjckZciYZ
[gVˆX]Zjg#HdjiZcjheVgaZh
_djZjghbV_Zjgh
iZah:YjVgYd8dhiVdj8VcZ^gV
c¼VeVh‚i‚XdbeZch‚#EVh
h’gfjZaZb^a^ZjY‚[Zch^[
ej^hhZgZedhZghjgaZhhZjaZh
;8KVaZcXZ#Edjhh‚hVjYZkVciYZ \gZX@Veh^h!eajii|hdcVkVciV\ZZc edjg,WjihbVgfj‚h#AVkZcjZYZ iVja^Zgh/GVb‚!AVhaVcYZhZi ‚eVjaZhYZBVkjWV#
aVhXƒcZ!aZh_ZjcZhiVaZcih^hhjhYj Y‚[ZchZXZcigVaZ#EdjgaVegZb^ƒgZ[d^h GZccZh!\‚c‚gVaZbZci[g^aZjm| Gdda#
XZcigZYZ[dgbVi^dc!XdbbZ8]VbV`] YZej^h&..-!7dgYZVjmcZeVgi^X^eZgV a¼Zmi‚g^Zjg!VjhiVYZ8]VWVc"9ZabVh!
ZiBVkjWVedjggV^ZciW^ZcYZkZc^gaZh eVh|jcZ8djeZY¼:jgdeZ!hZjaZbZci YZbV^c!edjggV^iegdejahZg7dgYZVjm
aZVYZghYZXZhcdjkZVjm<^gdcY^chYZ &'Za¼VceVhh‚#EVh[dgX‚bZcijcZ VjmidjiZhegZb^ƒgZheaVXZh#H$<$

&,H:EI:B7G:'%%)

PDF généré avec les logiciels Sowedoo


.

E6G>H"H<;8
8Gww:C&.,%
:CA><J:&9:EJ>H&.,)
7J9<:I'%%)"'%%*/-%Bæ

wFJ>E:INE:

AZi^o^

 7#BZcYnE^ZggZ";Vc[VcXVe# NZeZh 6gbVcY

 8dg^Ydc B7Vb^ :#8^hh‚ Gdi]Zc

 EVjaZiV A_jWd_V
HIwE=6C:G:>M$;A6H=EG:HH$9EE>

:CIG6ÑC:JG/KV]^Y=Va^a]dYo^X8A6HH:B:CI/&)ZVkZX(eih

A:H*9:GC>:GHGwHJAI6IH IDJADJH:·E6G>H"H< '"&


G:CC:H·E6G>H"H< '"& E6G>H"H<·H6>CI"wI>:CC: '"'
E6G>H"H<·86:C '"' >HIG:H·E6G>H"H< &"&

A¼:M><:C8:H:ADCK6=>9=6A>A=D9O>8 A¼V[[V^gZ;^dgƒhZ A¼ViiZciZidj_djgh

’
A¼V[[V^gZ;^dgƒhZgdYZ bdcigZgfjZcdjhhdbbZh[dgihZi ZcVgg^kVci|a¼ZcigVˆcZbZci!_ZbZ VgZhhZgg‚aZh ^bedgiVciZ
ZcXdgZVjidjgYj8VbeYZh hda^YV^gZh!Zmea^fjZaZXdVX]!KV]^Y gZbZihZcfjZhi^dc#:iedjgiVci!_Zc¼V^ a^ZchZcigZaZh_djZjgh Y¼jcZegZb^ƒgZk^Xid^gZZc
Ad\Zh#BV^hZaaZeZjiVjhh^ =Va^a]dYo^X#>acdjh[VjiY‚hdgbV^h _VbV^hZciZcYjjcYZbZh_djZjghhZ eVg^h^Zchfj^g„kZciidjh X]Vbe^dccVifj^edjggV^i
hZgk^gYZY‚Xa^X#AZEH<!^aZhikgV^! Y‚bdcigZgfjZXZfjZa¼dcVXdchigj^iZc eaV^cYgZ#?ZhV^hfjZaZe^ƒ\ZYZaV Yji^igZYZX]Vbe^dcYZ [V^gZd[[^XZYZY‚Xa^X#AV
igVkZghZYZhbdbZcihY^[ÃX^aZh#:ieVh fj^coZbd^hc¼ZhieVhkV^c#Cdjhc¼Vkdch YZjm^ƒbZVcc‚Z!d‘^a[VjiXdcÄgbZg! ;gVcXZ#A¼dhbdhZZcigZ b‚[dgbZVXijZaaZYZ9Vc^Za
hZjaZbZciZcXdja^hhZh#HjgaZiZggV^c! eajhaZiZbehYZeaZjgc^X]Zg#¯9‚_|igƒh cdjh\jZiiZ#¯B$L$ cdjkZVjmZiVcX^ZchhZbWaZ A_jWd_V!edjgiVciY‚X^h^[
aZk^XZ"X]Vbe^dcYZ;gVcXZ'%%("'%%) g^\djgZjmYVchhdcigVkV^a!=Va^a]dYo^X Vkd^geg^h[dgbZadghYj a¼VceVhh‚adghYZhdc
²)_djghYZaVXaijgZYZhigVch[Zgih!;VWg^XZ
c¼Vidj_djgheVh\V\c‚jcbViX]XZiiZ g‚XaVbZZcXdgZjceZjeajhY¼Zm^\ZcXZ# ;^dgƒhZh^\cZ|BVghZ^aaZZiY‚cdcXZjcXa^bVi Y‚eaVXZbZciXdcigZ>higZh# Vgg^k‚ZVjBZgXVidY¼]^kZg#
hV^hdc#®A¼V[[V^gZ;^dgƒhZYd^icdjh ²XdbbZcXZgeVgaj^#®8]VfjZbVi^c! egdX]ZY¼jcZhZXiZdjY¼jcZeg^hdcVjEH<#

G8HIG6H7DJG< 6HH6>CI"wI>:CC: H876HI>6


8Gww:C&.%+ 8Gww:C&.(( 8Gww:C&.%*
:CA><J:&9:EJ>H'%%' :CA><J:&9:EJ>H'%%) :CA><J:&9:EJ>H&..)
7J9<:I'%%)"'%%*/')Bæ 7J9<:I'%%)"'%%*/'(Bæ 7J9<:I'%%)"'%%*/&,Bæ
wFJ>E:INE: wFJ>E:INE: wFJ>E:INE:

KZgXdjigZ ?Vcdi EZccZiZVjXVe#

 6WYZhhVY`^ ;V]b^ 8#@Vci‚ 9ZkVjm  <Vgg^Yd =d\cdc 8VbVgV >ajc\V  8]^bWdcYV JgVh @kVgbZ NV]^V

 AVXdjg 8VbVY^c^ 7Vhh^aVXVe# AZEZc  ;Z^cYdjcd Od`dgV HVWa‚XVe# =ZaaZWjnX`  ?Vj H^Y^W‚ GdXX]^ 

 EV\^h 6#;VgcZgjY  AZIVaaZX E^fj^dccZ  I#KV^gZaaZh C‚Z 6cYg‚

:CIG6ÑC:JG/6cid^cZ@dbWdjVg‚8A6HH:B:CI/&-ZVkZX'eih :CIG6ÑC:JG/wa^Z7Vje8A6HH:B:CI/&,ZVkZX(eih :CIG6ÑC:JG/;gVcd^h8^XXda^c^8A6HH:B:CI/(ZVkZX&&eih

A:H*9:GC>:GHGwHJAI6IH HI"wI>:CC:·HIG6H7DJG< &"& A:H*9:GC>:GHGwHJAI6IH HI"wI>:CC:·HIG6H7DJG< &"& A:H*9:GC>:GHGwHJAI6IH 76HI>6·686?688D &"%


76HI>6·HIG6H7DJG< '"& HIG6H7DJG<·>HIG:H &"& H6>CI"wI>:CC:·BDC68D %"& EH<·HI"wI>:CC: '"' 76HI>6·HIG6H7DJG< '"& C>8:·76HI>6 &"&
HIG6H7DJG<·IDJADJH: &") BDC68D·HIG6H7DJG< ("& A:CH·H6>CI"wI>:CC: ("% HI"wI>:CC:·C6CI:H %"% C6CI:H·76HI>6 &"& 76HI>6·6JM:GG: &"%

<g}XZ|hdc JcejWa^XY^[[^X^aZZi 9ZgZidjgX]ZoaZh BVa\g‚aV >cZme‚g^bZci‚! A¼^cXZcY^ZVaajb‚


bVcV\Zg\‚c‚gVa! Zm^\ZVci#AZh[daaZh KZgih!wa^Z7Vje gZbdci‚ZZc a¼ZcigVˆcZjg eVga¼Zcfj„iZk^hVci
BVgX@ZaaZg!aZXajWgZigdjkZ hd^g‚Zhd‘aZhiVYZYZaV Vg‚jhh^|eg‚hZgkZgaZWdc A&!a¼‚i‚V‚i‚[ViVaVj 8^XXda^c^VYZa¼Zci]djh^VhbZ aZcVi^dcVa^hiZ8]VgaZhE^Zg^
jcZWdccZhVci‚[^cVcX^ƒgZ BZ^cVj‚iV^ieaZ^c|XgVfjZg ‚iViY¼Zheg^iYj\gdjeZ# eg‚h^YZci!|a¼ZcigVˆcZjg |gZkZcYgZ#AZhgZidjgh c¼ZhieVh‚iZ^ci#AVh‚g‚c^i‚
ZiVgZXgji‚bVa^cedjg '.%%%eZghdccZhhdciW^Zc HjgaZiZggV^c!VkZXjc ZiVjY^gZXiZjghedgi^[# Y¼6cYg‚ZiKV^gZaaZh c¼ZhieVhYZb^hZYVchjc
eVhX]Zg'Bæ!EV\^h ad^c#6kZX+%%%VWdcc‚h! ;g‚Y‚g^XE^fj^dccZXVeVWaZ FjVciVjgZXgjiZbZci! a¼V^YZgdci|[V^gZegd\gZhhZg XajWhdjhhjgkZ^aaVcXZ#
ZiKZgXdjigZZci„iZ# aZXajWhZgV^i]ZjgZjm#8Z YjbZ^aaZjg!^aedhhƒYZjcZ a¼6HH:hZbWaZhjgidjiVkd^g jc\gdjeZigƒh_ZjcZ#
X]^[[gZc¼ZhieVhViiZ^ci# WZaaZ[dgXZYZ[gVeeZ# Wg^aa‚eVghVbdYZhi^Z#

&,H:EI:B7G:'%%)

PDF généré avec les logiciels Sowedoo


&% A¼wKwC:B:CI;DDI76AA

DANBE>FJ:9:B6GH:>AA:
8Gww:C&-..
:CA><J:&9:EJ>H&..,
7J9<:I'%%)"'%%*/+&!*Bæ %30*5"6#65

wFJ>E:INE:

7Vgi]ZoXVe#

 ;ZggZ^gV 7ZnZ 9‚]j BZ‰i‚ A^oVgVoj

 ;^dgƒhZ EZYgZii^ :YjVgYd8dhiV 7g#8]Zngdj

 Ajn^cYjaV

:CIG6ÑC:JG/?dh‚6c^\d8A6HH:B:CI/&%ZVkZX,eih
G:CC$;:E$E6CDG6B>8

A:H*9:GC>:GHGwHJAI6IH C>8:·B6GH:>AA: &"&


B6GH:>AA:·7DG9:6JM &"% B6GH:>AA:·B:IO &"(
B6GH:>AA:·A>AA: ("% HD8=6JM·B6GH:>AA: '"%

A>O6G6OJ/¹K>H:G:I<6<C:GJCI>IG:º JcgZXgjiZbZci A¼VWhZcXZY¼jc

’ F[di_[p#lekikd`ekh`ek[h
}b½EC5
8_n[dj[B_pWhWpk0®EVh
kgV^bZci#?ZeZchV^hÃc^gbVXVgg^ƒgZ
Vj7VnZgcBjc^X]#:iej^h!fjVcYdc
bVgX]Z#A¼DBkZjiegd\gZhhZgZi
ZhhVnZYZhZhigjXijgZgXdbbZaZh
eajh\gVcYh#>anVYZa¼VbW^i^dchjgaZ
iZggV^cZiVjc^kZVjVYb^c^higVi^[#
LekifeiiƒZ[pb½kdZ[ifbkiX[Wkn
VkZXBVghZ^aaZZi_ZkZjmfj¼^aeVgiZhjg
fjZafjZX]dhZYZidiVaZbZcik^Zg\Z#?Z
edjggV^hbZY^gZfjZaZX]Vbe^dccVi
YZ;gVcXZc¼Zhifj¼jci^igZYZeajhXVg
_¼V^‚i‚fjVigZ[d^hX]Vbe^dc
egZhi^\^ZjmVkZX
aZhVgg^k‚ZhYZA^oVgVoj!
9‚]j!EZYgZii^!7Vbd\d!
;^dgƒhZ!:YjVgYd8dhiVZi
Ajn^cYjaV#JcXVaZcYg^Zg
WjiZjgXdc[^gb‚
VegƒhaZY‚eVgiYZ9^Y^Zg
9gd\WV#JcZ[[ZXi^[
ea‚i]dg^fjZZiaVXdcXjggZcXZ
fj^a¼VXXdbeV\cZeZjkZci
bZa¼Vegdedh‚!_ZbZhj^hY^ifjZ fWbcWh„iZk\eejXWbb$H[cfehj[hkd Y¼6aaZbV\cZ#BV^h_Zc¼V^eVhXZ hVchXdjeZY¼:jgdeZ# eVg[d^h„igZegde^XZhVjm
BVghZ^aaZ[V^hV^ieVgi^ZYZhYZjmdj Y^Wcf_eddWjZ[<hWdY[fWhW‰j gV^hdccZbZci#?ZkZjmk^kgZjcZWZaaZ fjZgZaaZh^ciZgcZh#
igd^hbZ^aaZjghXajWh[gVcV^hVkZXYZ fh[igk[c_d_c[± VkZcijgZ|BVghZ^aaZZigZbedgiZgjc
a¼VbW^i^dc#8¼ZhigVgZYZkd^gjcXajW AVWdccZVii^ijYZ|Vkd^gZhiYZcZeVh i^igZYZX]Vbe^dcYZ;gVcXZ^X^#¯
bdciZgjcZX]VˆcZYZi‚a‚k^h^dcfj^ XdbeVgZg#?¼V^djkZgijccdjkZVja^kgZ FHEFEIH;9K;?BB?IF7H9>H?IJEF>;H7B87DE

DANBE>FJ:ANDCC6>H
8Gww:C&.*%
:CA><J:&9:EJ>H&.-.
7J9<:I'%%)"'%%*/,%Bæ

wFJ>E:INE:

8djeZi

 GZkZ^aaƒgZ 8VVeVXVe# 8g^h 6W^YVa

 <dkdj :hh^Zc ?jc^c]d BVadjYV

 L^aidgY ;gVj

:CIG6ÑC:JG/EVjaAZ<jZc8A6HH:B:CI/(ZVkZX&&eih
K#B>8=:A$;:E$E6CDG6B>8

A:H*9:GC>:GHGwHJAI6IH B:IO·ANDC &"&


B:IO·ANDC %"& ANDC·A>AA: &"%
ANDC·HD8=6JM &"& G:CC:H·ANDC &"'

A:FJ6IG>ÎB:H68G:9¼6;;>Aw::CKJ: AVg^X]ZhhZYZ A¼^cY^hedc^W^a^i‚Yj

’
 7^ZcXaVhh‚|aV(ZeaVXZ|
‚\Va^i‚YZed^cihVkZXaZ
aZVYZgIdjadjhZ!AndcVY‚_|
[V^i‚iVaV\ZYZhZhcdjkZaaZhg^X]ZhhZh#
6jedhiZY¼Vgg^ƒgZ\VjX]Z!wg^X6W^YVa
Y^\cZhjXXZhhZjg#FjZY^gZVadgh
YZa¼VjigZeZgaZWg‚h^a^ZccZC^abVg!Zc
egdkZcVcXZYZEdgid6aZ\gZ!fj^VXg‚‚
aVhZchVi^dcYZaVYZgc^ƒgZ_djgc‚ZZc
^chXg^kVci'Wjih|GZccZh46beji‚YZ
L^aidgY!YZ_ZjcZhY‚_|XdcÃgb‚h
ZcA^\jZ&<dkdj!;gVj!:hh^ZcZi
YZ_ZjcZhiVaZcih7Zc6g[V!C^abVg!
8a‚bZci#6kZX!|aVWV\jZiiZ!jc
ZcigVˆcZjgXdbbZEVjaAZ<jZc!aZh
a¼Z[[ZXi^[!
eVgi^Xja^ƒgZbZciYVchaZ
hZXiZjgd[[Zch^[!YZkgV^i
eZgbZiigZYZcZeVhhjW^gaZh
XdcigZXdjehYZaVA^\jZYZh
WjiZjgWg‚h^a^Zc
:aWZgX^cfbd^hkVeZhZg|
aVed^ciZYZa¼ViiVfjZ#AZ
XVaZcYg^ZgXdbW^cVci
X]Vbe^dccViZi8djeZ
Y‚[ZcY|X]VfjZbViX]hdccdjkZVj _djZjghbV_Zjgh|a¼^ciZghV^hdcXdbbZ AndccV^hhZbWaZciVgb‚hedjgVaaZg X]Vbe^dch#Jcb‚aVc\ZW^Zc Y¼:jgdeZVhdjkZci_dj‚jc
hiVcY^c\^ciZgcVi^dcVa#HdcXdbeƒgZ :Yb^ahdc!B“aaZg!8Vgg^ƒgZdj X]ZgX]ZgjcfjVig^ƒbZi^igZXdch‚Xji^[! Ydh‚YZ_djZjghZme‚g^bZci‚h bVjkV^hidjgVjmAndccV^h
8g^h!^ciZgcVi^dcVaWg‚h^a^ZcgZXgji‚ 9]dgVhdd!a¼DAeg‚hZciZXZiiZVcc‚Z jcZmead^ig‚Va^h‚eVghZjaZbZciYZjm ZiY¼‚a‚bZciheajh_ZjcZh# eVgaZeVhh‚#
edjgeVaa^ZgaZY‚eVgiY¼:Yb^ahdcVj jcb‚aVc\ZW^Zc‚fj^a^Wg‚YZ_djZjgh XajWh/HV^ci"wi^ZccZZiBVghZ^aaZ#
;87VgXZadcZ!ZhiW^Zcb^Zjmfj¼jc Zme‚g^bZci‚h8djeZi!8VVeV! :iXdcfj‚g^gZcÃcaZhX¶jgh#H$<$

&,H:EI:B7G:'%%)

PDF généré avec les logiciels Sowedoo


&&

HB86:C 686?688>D 6?6JM:GG:


8Gww:C&.&( 8Gww:C&.&% 8Gww:C&.%*
:CA><J:&9:EJ>H'%%) :CA><J:&9:EJ>H'%%' :CA><J:&9:EJ>H&.-%
7J9<:I'%%)"'%%*/&,Bæ 7J9<:I'%%)"'%%*/&'Bæ 7J9<:I'%%)"'%%*/'*Bæ

wFJ>E:INE: wFJ>E:INE: wFJ>E:INE:

:aVcV EdgVid 8dda

 =Zc\WVgi OjWVg 9Vc_djXVe# HZjWZ  AVjgZci^ 9odY^X IZgg^Zg 8daa^c  HV\cVi <g^X]i^c\ 7da[ ?Vjgƒh

 9j\VgYZ^c AZbVˆigZ 9Zgd^c 9j[Zg  Aj^oXVe# GdYg^\d DjVYV] BVgXZa^c]d 8dccZc  N#AVX]jZgXVe# K^daZVj IV^c^d BVi]^h

 LVi^Zg BVojgZ  8]Vej^h  @Vadj 7Zc_Vc^

:CIG6ÑC:JG/EVig^X`GZbn8A6HH:B:CI/.ZVkZX-eih :CIG6ÑC:JG/9db^c^fjZ7^_diVi8A6HH:B:CI/'%ZVkZX&ei :CIG6ÑC:JG/<jnGdjm8A6HH:B:CI/+ZVkZX.eih

A:H*9:GC>:GHGwHJAI6IH 86:C·BDC68D &"% A:H*9:GC>:GHGwHJAI6IH 76HI>6·686?688>D &"% A:H*9:GC>:GHGwHJAI6IH HD8=6JM·6JM:GG: &"'


86:C·>HIG:H &"& 6JM:GG:·86:C &"% HD8=6JM·686?688>D &"% 686?688>D·G:CC:H &"& A>AA:·6JM:GG: '"% 6JM:GG:·86:C &"%
EH<·86:C '"' 86:C·A:CH &"% 686?688>D·B:IO &"' IDJADJH:·686?688>D ("& 6JM:GG:·G:CC:H ("& 76HI>6·6JM:GG: &"%

&(%%%[^YƒaZh EVgb^aZhi^ijaV^gZh 6kZX6cYgZAj^o! 8dbbZX]VfjZ 6jmZggZZciVbZ 9ZcdbWgZjm


VWdcc‚hhjg ^cY^hXjiVWaZh!hZja VcX^ZcYZa¼DBZi hV^hdc!a¼Z[[ZXi^[V hV&)ZhV^hdcZc Y‚eVgihYZ_djZjgh
'&*%%eaVXZhfj^edjggdci aVgZXgjZ9Vc_djVY‚_|Xdccj YjEH<!egdbjXVe^iV^cZ! ‚i‚WdjaZkZgh‚#AVY‚[ZchZ 8djeZY¼:jgdeZ#:ihV'*ZZc igƒh^bedgiVcih/BZmƒh!
ZcXdjgV\Zgjc\gdjeZhiVWaZ aVA&#EVig^X`GZbn!VcX^Zc fjVigZ7g‚h^a^Zchdci V‚i‚aVeajhidjX]‚Z A^\jZ&#6adghfjZ<jnGdjmV 7djbhdc\!EZgg^Zg"9djbW‚!
h¼VeejnVcihjgjcXZcigZ ZcigVˆcZjgYZHZYVc!edjggV^i Y‚WVgfj‚Zc8dghZ#Edjg Y‚eVgihYZ9Vc_djZi Y‚_|eVhh‚-*,bViX]Zhhjg @Ved!8^hh‚#:ijcZY‚[ZchZ|
YZ[dgbVi^dceZg[dgbVci# Vkd^gYjbVa|g‚‚Y^iZg aZe^gZbV^hVjhh^edjg <g‚\d^gZZiaZegdjkZ/-Wjih aZWVcXV_V‰hiZZcA&#Kdjh gZXdbedhZgVkZXaZIX]ƒfjZ
A¼Zc\djZbZciedejaV^gZZhia|# hZhZmead^ihVgYZccV^h# aZbZ^aaZjg#HVbWV ZcXV^hh‚hZc*_djgc‚Zh# VkZoY^i®Zme‚g^ZcXZ¯4 7da[ZiaZHj^hhZ<g^X]i^c\#

PDF généré avec les logiciels Sowedoo


&' A¼wKwC:B:CI;DDI76AA

6HBDC68D A>AA:DH8 D<8C>8:


8Gww:C&.&. 8Gww:C&.)) 8Gww:C&.%)
:CA><J:&9:EJ>H&.,, :CA><J:&9:EJ>H'%%& :CA><J:&9:EJ>H'%%'
7J9<:I'%%)"'%%*/)*Bæ 7J9<:I'%%)"'%%*/''Bæ 7J9<:I'%%)"'%%*/&.Bæ

wFJ>E:INE: wFJ>E:INE: wFJ>E:INE:

GdbV HnakV <g‚\dg^c^

 BV^Xdc Hfj^aaVX^ GdYg^\jZoXVe# :kgV  6c\WlV IVkaVg^Y^h K^iV`^X IV[[dgZVj  EVbVgdi H#IgVdg‚ 8dWdhXVe# KVggVjai

 O^`dh 9#E‚gZo! 7ZgcVgY^


 AVcYg^c BV`djc 7dYbZg 7gjcZaXVe#  7^\c‚ 6WVgYdcVYd :X]djV[c^ 7Vabdci
@Vaadc

 HVk^daV 6YZWVndg  6X^bdk^X Bdjhh^adj  A^co KV]^gjV

:CIG6ÑC:JG/9^Y^Zg9ZhX]Vbeh8A6HH:B:CI/*ZVkZX&%eih :CIG6ÑC:JG/8aVjYZEjZa8A6HH:B:CI/&'ZVkZX,eih :CIG6ÑC:JG/<ZgcdiGd]g8A6HH:B:CI/&.ZVkZX'eih

A:H*9:GC>:GHGwHJAI6IH 86:C·BDC68D &"% A:H*9:GC>:GHGwHJAI6IH A>AA:·7DG9:6JM %"% A:H*9:GC>:GHGwHJAI6IH C>8:·B6GH:>AA: &"&


H6>CI"wI>:CC:·BDC68D %"& A:CH·BDC68D &"& A>AA:·6JM:GG: '"% ANDC·A>AA: &"% C>8:·ANDC %"& C>8:·76HI>6 &"&
BDC68D·>HIG:H '"& BDC68D·HIG6H7DJG< ("& B6GH:>AA:·A>AA: ("% A>AA:·C>8: %"% 7DG9:6JM·C>8: *"& A>AA:·C>8: &"%

BVa\g‚&)Y‚eVgih! JcZ[[ZXi^[ JcZY‚[ZchZ AZhY‚eVgih A¼Zme‚g^ZcXZ AV[gV\^a^i‚YZaV


a¼6HBVg‚jhh^jc Xdhbdeda^iZ XZcigVaZYZ]Vji cdbWgZjmYZ Xdc_j\j‚ZYZ Y‚[ZchZ.Wjih
gZXgjiZbZci_jY^X^ZjmVkZX VkZX&)cVi^dcVa^i‚h c^kZVjVkZXaZ<gZXIVkaVg^Y^h _djZjgh"Xa‚hL^bW‚Z!6W^YVa! a¼ZcigVˆcZjg<ZgcdiGd]gZiYj ZcXV^hh‚hZc*_djgc‚Zh#AZh
cdiVbbZci8]ZkVcidc!EZgZo! Y^[[‚gZciZh#9‚eVgih| ZiaZBdci‚c‚\g^cK^iV`^X# 8]Zngdj!9Zae^ZggZ! XVe^iV^cZ?dh‚8dWdh!YdnZc Y^[[^Xjai‚hgZcXdcig‚Zhedjg
BV^Xdc!@VaadcZiHVk^daV# a¼^ciZghV^hdcYZhe^a^ZghYZ A¼Zme‚g^ZcXZYZa¼ZcigVˆcZjg# HiZg_dkh`^|a¼^ciZghV^hdc# YjX]Vbe^dccViYZ;gVcXZ h¼^bedhZg|Ydb^X^aZ(_dj‚h!
AZidjiedjgjceZjbd^ch 9ZhX]Vbeh/Bdg^ZciZh! JchiVYZYZ((%%% 9ZhXVgZcXZhd[[Zch^kZh (+Vch#JcediZci^Zad[[Zch^[ 'cjahZi&Y‚[V^iZ#
YZ'%Bæ# <^jan!Gdi]ZcZiEghd# heZXiViZjghZc'%%*# VjmfjZaaZhgZb‚Y^Zg# ^cY‚c^VWaZ#

;8>HIG:H G8A:CH ;8B:IO


8Gww:C&.'% 8Gww:C&.%+ 8Gww:C&.('
:CA><J:&9:EJ>H'%%) :CA><J:&9:EJ>H&..& :CA><J:&9:EJ>H'%%(
7J9<:I'%%)"'%%*/&'Bæ 7J9<:I'%%)"'%%*/)*Bæ 7J9<:I'%%)"'%%*/&+!'Bæ

wFJ>E:INE: wFJ>E:INE: wFJ>E:INE:

LZWZg >iVcY_Z L^bW‚Z

 =VbZY I]^Vb HVkZa_^X 9jbda^c  8jW^a^Zg =^aidc <^aaZi AVX]dg  8V^aaZi BZc^g^XVe# 7dgW^Xdc^ H^\cdg^cd

 C¼9^VnZ 9^V\cZ";VnZ 8]ZYa^ 8djgid^h  AZgdn 9^VggV @Z^iV 8Vgg^ƒgZXVe#  G^WZgn AZXV EgdbZci 8DWgVc^V`

 BVjg^XZXVe# BdciVcd  8djh^c JiV`V  Ijb <jZnZ

:CIG6ÑC:JG/BZ]bZi7VoYVgZk^X8A6HH:B:CI/&+ZVkZX(eih :CIG6ÑC:JG/?d…aBjaaZg8A6HH:B:CI/-ZVkZX-eih :CIG6ÑC:JG/?ZVc;ZgcVcYZo8A6HH:B:CI/'ZVkZX&&eih

A:H*9:GC>:GHGwHJAI6IH >HIG:H·A:CH %"' A:H*9:GC>:GHGwHJAI6IH >HIG:H·A:CH %"' A:H*9:GC>:GHGwHJAI6IH B:IO·ANDC &"&


86:C·>HIG:H &"& HIG6H7DJG<·>HIG:H &"& IDJADJH:·A:CH %"% A:CH·BDC68D &"& B:IO·C6CI:H &"% B6GH:>AA:·B:IO &"(
BDC68D·>HIG:H '"& >HIG:H·E6G>H &"& A:CH·H6>CI"wI>:CC: ("% 86:C·A:CH &"% 6?688>D·B:IO &"' B:IO·7DG9:6JM %"%

A¼VWhZcXZYZ 6kZX&'b^aa^dch Jceg‚h^YZci! JcZXd]‚h^dc A¼Vgg^k‚ZYZ JcZg‚\jaVg^i‚|


egZhh^dca^‚ZVj Y¼Zjgdhhd^iegƒhYZ <ZgkV^hBVgiZa! |igdjkZgYVch a¼Zme‚g^bZci‚ ^chiVaaZgYVchaZh
hiVijiYZegdbj#JcediZci^Za ]j^i[d^hbd^chfjZAndc! gZkZcjVjmV[[V^gZh#Jc jcZ[[ZXi^[egd[dcY‚bZci <g‚\dgnL^bW‚ZYVchaZh eZg[dgbVcXZh|Ydb^X^aZ#
d[[Zch^[BVjg^XZXVeVWaZ >higZhedhhƒYZaZeajheZi^i gZXgjiZbZci_jY^X^Zjm gZcdjkZa‚#JcZXdchiVcXZ Wjih#A¼Z[[^XVX^i‚YjWjiZjg AVgZaVi^kZ^cZme‚g^ZcXZ
Y¼VaaZghjgegZcYgZaZh WjY\ZiYZaVA^\jZ&#:iYZh 8Vgg^ƒgZ!8djh^c#JcejWa^X |^chXg^gZYVchaZh =Zgk‚I]jb(WjihZc Y¼jc\gdjeZYZ_djZjgh
VYkZghV^gZhhjgaZjgiZggV^c# bdnZch]jbV^chZcgVeedgi# [^YƒaZZiZci]djh^VhiZ,%%% eZg[dgbVcXZh|Y‚bdcigZg# *_djgc‚Zh#AVeVhh^dcYZ YdciWZVjXdjehdci^hhjh
VY]‚gZcihVj®&'¯aZchd^h# a¼ZcigVˆcZjg?ZVc;ZgcVcYZo# YjXZcigZYZ[dgbVi^dc#

+Z?DJGCw:9:A><J:& ,Z?DJGCw:9:A><J:&
HVbZY^&-hZeiZbWgZ'%%) ²'%]%% BVghZ^aaZ·IdjadjhZ ²&.]%% 6jmZggZ·BZio BVgY^'&hZeiZbWgZ'%%) ²'%](% 7Vhi^V·7dgYZVjm ²'%](% BZio·C^XZ
²&,]&* 7dgYZVjm·GZccZh ²'%]%% CVciZh·>higZh ²&.]%% A^aaZ·8VZc ²'&]%% IdjadjhZ·Andc ²'%](% 8VZc·HigVhWdjg\ ²'%](% BdcVXd·CVciZh
²'%]%% 686_VXX^d·HV^ci"wi^ZccZ ²'%]%% HigVhWdjg\·AZch ²&.]%% C^XZ·HdX]Vjm BZgXgZY^''hZeiZbWgZ'%%) ²'%](% >higZh·686_VXX^d ²'%](% HV^ci"wi^ZccZ·6jmZggZ
²'%]%% Andc·7Vhi^V 9^bVcX]Z&.hZeiZbWgZ'%%) ²'&]%% EVg^h"H<·BdcVXd ²&-](% GZccZh·BVghZ^aaZ ²'%](% AZch·EVg^h"H< ²'%](% HdX]Vjm·A^aaZ

&,H:EI:B7G:'%%)

PDF généré avec les logiciels Sowedoo


&(

;8HD8=6JM HI69:G:CC6>H;8 ;8C6CI:H


8Gww:C&.'- 8Gww:C&.%& 8Gww:C&.)(
:CA><J:&9:EJ>H'%%' :CA><J:&9:EJ>H&..) :CA><J:&9:EJ>H&.+(
7J9<:I'%%)"'%%*/'-Bæ 7J9<:I'%%)"'%%*/'-Bæ 7J9<:I'%%)"'%%*/)'Bæ

wFJ>E:INE: wFJ>E:INE: wFJ>E:INE:

G^X]Zgi >hV`hhdc AVcYgZVjXVe#

 9V[ Hd#9^VlVgV BdchdgZVj Edi^aadc  EZgg^Zg"9djbW‚ 6YV^aidc DjVYYdj ?ZjcZX]VbeXVe#  9gdj^c HVk^cVjY 8VXZgZh K^kZgdh

 DgjbV Adc[Vi >hVWZnXVe# BVi]^Zj  Hdga^c @~aahigŽb ;Vin BdciZggjW^d  9VGdX]V IdjaVaVc ;V‚ NVe^NVed

 HVcidh >aVc  ;gZ^ BdgcVg  Ej_da 7V\Vnd`d

:CIG6ÑC:JG/<jnAVXdbWZ8A6HH:B:CI/&&ZVkZX,eih :CIG6ÑC:JG/AVhoad7ŽaŽc^8A6HH:B:CI/&'ZVkZX,eih :CIG6ÑC:JG/Ad‰X6b^hhZ8A6HH:B:CI/&*ZVkZX(eih

A:H*9:GC>:GHGwHJAI6IH HD8=6JM·6JM:GG: &"' A:H*9:GC>:GHGwHJAI6IH G:CC:H·C6CI:H &"% A:H*9:GC>:GHGwHJAI6IH G:CC:H·C6CI:H &"%


HD8=6JM·6?688>D &"% 7DG9:6JM·HD8=6JM '"% G:CC:H·E6G>HH< '"& 6?688>D·G:CC:H &"& B:IO·C6CI:H &"% C6CI:H·IDJADJH: '"'
ANDC·HD8=6JM &"& HD8=6JM·B6GH:>AA: '"% 6JM:GG:·G:CC:H ("& G:CC:H·ANDC &"' C6CI:H·76HI>6 &"& H6>CI"wI>:CC:·C6CI:H %"%

JcejWa^XgZXdgY AZhY‚eVgihYj A¼Vc^bVi^dcd[[Zch^kZ# AV_ZjcZhhZYZ AVk^iZhhZYZhZh ²a¼ZmXZei^dcYZhdc


XZiiZhV^hdc&..(& XVe^iV^cZ7Zcdˆi AZig^dY¼ViiVfjZ a¼Z[[ZXi^[WgZidc# [aƒX]Zhd[[Zch^kZh \VgY^Zc!CVciZhV
heZXiViZjghedjgaVkZcjZYZ EZYgZii^ZiYjWjiZjgE^ZggZ" [dgb‚YZBdciZggjW^dYVch EVgb^aZh_djZjghVa^\c‚h eZgbZiYZ_djZgaZXdcigZ| eZgYjidjhhZhe^a^Zgh
a¼DB#JcZY‚[ZchZhda^YZZi 6aV^c;gVj!e^dchZhhZci^Zah aZgaZYjeVhhZjg!BdgcVg [VXZ|Andc*Z_djgc‚Z! idjiZVaajgZ#:iVkd^gB^X`V…a Y‚[Zch^[h6gbVcY!<^aaZi!
aVgVe^Y^i‚d[[Zch^kZYj YZaV[dgbVi^dchdX]Va^ZccZ ZcY‚b‚cV\ZjgYZhhjg[VXZh fjVigZhZjaZbZciVkV^Zci AVcYgZVjYVchaZhWjihZhi NZeZhZid[[Zch^[hBdaYdkVc!
Ijc^h^ZcHVcidh# aVhV^hdcYZgc^ƒgZ# Zi;gZ^Zc[^c^hhZjgYZkgV^i eajhYZ*%bViX]ZhYZA& idj_djgheg‚X^Zjm# KV]^gjV!O^Vc^#
[V^gZbVa# VjXdbeiZjg#

&,H:EI:B7G:'%%)

PDF généré avec les logiciels Sowedoo


&) ;><JG::H8G>B:

¹6jm?ZjmeVgVanbe^fjZh
Y¼6i]ƒcZh!_ZkZjmY‚XgdX]Zg
a¼dgZc^cY^k^YjZaº
A6JG:CI76=:JM$;:9:G6I>DC;G6C86>H:=6C9>HEDGI

&,H:EI:B7G:'%%)

PDF généré avec les logiciels Sowedoo


&*

8NG>ABDGw

ED><C:
>I>CwG6>G:
9:;:G
9djWaZb‚YV^aa‚Y¼dg|HnYcZn!8ng^aBdg‚eVgi|a¼VhhVji
YZh?ZjmeVgVanbe^fjZh!fj^h¼djkgZciXZhd^g|6i]ƒcZh#
idbWZ#¯AZhZhXg^bZjghkVa^YZh![dgX‚bZcib^Zjm
adi^hfjZaj^!8ng^aBdg‚aZhXid^ZYƒhfj¼^aeZji/Zc
_j^aaZi!^aVg‚jhh^|eVgi^X^eZgVjYZgc^ZghiV\Z
C‚aZ'+hZeiZbWgZ&.,' Y¼ZcigVˆcZbZciYZa¼‚fj^eZYZ;gVcXZYZhVWgZVkVci
9gd^i^Zg A¼ZhXg^bZjg[gVcV^hYZ('Vchg„kZY¼nXdcfj‚g^g)b‚YV^aaZh# hdcY‚eVgi|6i]ƒcZh#®8¼ZhijcZY‚bVgX]ZcdkVig^XZ!
Egd[Zhh^dc/8]Vg\‚ fjZ_¼V^b^hZZceaVXZidjihZja!bV^haZh\VghdciW^Zc
YZXdbbjc^XVi^dc|aVXZcigVaZ _dj‚aZ_ZjVkZXbd^!gZXdccVˆi"^a#:iY¼ZcX]VˆcZgYZh

’
cjXa‚V^gZYZ8gjVh6gYƒX]Z 8ng^aBdg‚hZY‚Ãc^iXdbbZjc_dnZjm Zi_¼ZchZgV^hYdcXYZbVedX]Z#¯AZhhedgi^[h bViX]Zhigƒhe]nh^fjZhVkZXZjmb¼VkgV^bZcieZgb^h
6gbZh/hVWgZZi‚e‚Z ajgdc|gdjaZiiZh#JcZ_da^Ze^gdjZiiZ ]VcY^XVe‚hcZW‚c‚ÃX^Zcic^YZhb„bZhbdnZch YZbZbZiigZYVchaZWV^c!YZbZbdi^kZg#¯<VakVc^h‚
9‚WjiZcZhXg^bZ/&..( kZgWVaZfj^egdjkZfj¼^aVhhjbZ c^YZaVb„bZgZXdccV^hhVcXZfjZaZjgh®Xdaaƒ\jZh eVgaZhk^Xid^gZhYZhZhXdeV^chVjhVWgZZi|a¼‚e‚Z
:cig‚ZZc‚fj^eZ hdc]VcY^XVe#EdjgiVci!X¼ZhijcZVjigZe^gdjZiiZ! kVa^YZh¯!XdbbZaZhVeeZaaZ8ng^aBdg‚# eVg‚fj^eZ|6i]ƒcZh!8ng^aBdg‚!fj^Zhic•&
YZ;gVcXZ/&..* g‚Va^h‚ZaZhh`^hVje^ZY!fj^aj^VXd’i‚a¼jhV\Z 8ZiiZVcc‚Z|6i]ƒcZh!aZhX]Vbe^dchdanbe^fjZh bdcY^VaVjhVWgZZi|a¼‚e‚Z!kZji[V^gZZcXdgZb^Zjm#
8ajWVXijZa/ YZhZh_VbWZhZc&..'#8ng^aBdg‚VkV^i'%Vch [gVcV^hhZhdcikjhg‚XdbeZchZgY¼jcZeg^bZ ®?ZkZjmXdchZgkZgaZhi^igZheVg‚fj^eZVjhVWgZ
BVhfjZYZ;Zg!Bdci^a^Zc'+ Zi|a¼‚edfjZ!^a‚iV^ijchedgi^[‚b‚g^iZ#9Zej^hXZi YZ)%%%%ækZgh‚ZeVga¼wiVi# Zi|a¼‚e‚ZfjZcdjhVkdchXdcfj^h|HnYcZn!ZiZc
:cigVˆcZjg/ VXX^YZci!fj^a¼VaV^hh‚eVgVea‚\^fjZ!^aZhiYZkZcj ^cY^k^YjZa!Y‚XgdX]Zga¼dgVjhVWgZZi\V\cZgjcZ
8]g^hide]Z9jXadh jcVi]aƒiZYZ]Vjic^kZVj#8¼ZhiZc&..(!adghY¼jc ¹;V^gZ[a^eeZgbZhVYkZghV^gZhº b‚YV^aaZ|a¼‚e‚Z!VkVcXZ"i"^aVkZX\djgbVcY^hZ#
EVabVgƒh/ hiV\ZYZg‚‚YjXVi^dc!fj¼^aY‚XdjkgZa¼ZhXg^bZ# :aaZcZhZgVfjZYZ+%%%æedjgjcb‚YV^aa‚Y¼dg CdceVhedjgVkd^gbdccdbZc]VjiYZa¼V[ÄX]Z!bV^h
6XijZac•&bdcY^VaVjhVWgZ ®B„bZh^aZhY‚Wjihc¼‚iV^ZcieVhigƒhajY^fjZh! eVgVanbe^fjZ#A¼ZhXg^bZjgc¼ZcXdcd^ic^VbZgijbZ jc^fjZbZciedjgkd^gYVchaZgZ\VgYYZbZh
Zi|a¼‚e‚ZZc^cY^k^YjZa _¼V^VXXgdX]‚idjiYZhj^iZ!hZhdjk^Zci"^a#EVgXZfjZ c^_Vadjh^Z#®8¼ZhiXdbbZV!a}X]Z"i"^a!edjgjcZ[d^h VYkZghV^gZhfjZ_ZaZh[V^hÅ^eeZg#¯:i^ac¼nVeVhfjZ
Ig^eaZkV^cfjZjgYZaV8djeZ X¼ZhijcZY^hX^ea^cZYZXdbWVi!igƒhiZX]c^fjZ [ViVa^hiZ#?ZcZkV^heVhbZaVcXZgYVchjcXdbWVi aZhZhXg^bZjghfj^dciYjhdjX^|hZ[V^gZ/8ng^aBdg‚!
YjbdcYZYZhVWgZ^cY^k^YjZa Zifj^c‚XZhh^iZjcZ\gdhhZXdcXZcigVi^dc#¯ eZgYjY¼VkVcXZedjgdWiZc^gaVeVg^i‚ZcigZaZhkVa^YZh fj^k^ZciY¼^ci‚\gZga¼‚fj^eZYZ;gVcXZ]VcY^hedgi
Zc'%%&!'%%'Zi'%%( :iX¼ZhiZmVXiZbZciXZfj^Xdck^Zci|XZ\Vgdc ZiaZh]VcY^XVe‚h#:cb„bZiZbeh!XZiiZh^ijVi^dcbZ YZh`^!kZjiY‚hdgbV^hhZfjVa^ÃZgedjgaZh?Zjm
K^XZ"X]Vbe^dcYjbdcYZ WdhhZjgZiVXXgdX]Zjg#6jÃaYZhegZb^ƒgZh Xdck^ZciZibZeZgbZiY¼„igZeajhbVijgZ#?ZcZhj^h eVgVanbe^fjZhY¼]^kZgYZIjg^c!Zc'%%+!]^hid^gZYZ
YZhVWgZZc^cY^k^YjZaZc'%%' Xdbe‚i^i^dch!aZhg‚hjaiVihXdbbZcXZci|idbWZg! eVhjchedgi^[|fj^dcbZijchjgk„iZbZciVkZX‚Xg^i Y‚XaZcX]ZgjcZVjigZVkVaVcX]ZYZb‚YV^aaZh#N
9djWaZX]Vbe^dceVgVanbe^fjZ ZcXdjgV\ZVcih#:c&..*!8ng^a^ciƒ\gZa¼‚fj^eZYZ ¹;gVcXZºYVchaZYdhedjgVaaZg\V\cZgYZhb‚YV^aaZh 9B7?H;H7OD7K:#=7IJ?D;7K
VjhVWgZZi|a¼‚e‚ZeVg‚fj^eZ ;gVcXZ]VcY^hedgiZiYZk^ZciX]Vbe^dcdanbe^fjZ c^jceZi^i\dgZifj^djkgZaVWdjX]ZZifj^ViiZcYfjZV ?ZjmeVgVanbe^fjZhY¼6i]ƒcZhYj&,Vj'-hZeiZbWgZ'%%)#
|HnYcZnZc'%%% VjhVWgZeVg‚fj^eZVjm?ZjmeVgVanbe^fjZh
K^XZX]Vbe^dceVgVanbe^fjZ Y¼6iaVciVa¼Vcc‚Zhj^kVciZ#AZY‚WjiY¼jcZadc\jZ
VjhVWgZ^cY^k^YjZa|HnYcZn h‚g^ZYZg‚XdbeZchZh!iVciVjhVWgZfj¼|a¼‚e‚Z!
Zc'%%% fj^kV[V^gZYZaj^a¼jcYZheajhgZYdjiVWaZhi^gZjgh
8]Vbe^dceVgVanbe^fjZ
YZhVWgZeVg‚fj^eZ|6iaVciV
Zc&..+
YjX^gXj^i#EVgVaaƒaZbZci!^ahj^iYZh‚ijYZhYZYgd^i
ZiY‚XgdX]Zjc9:HHZcgZhhdjgXZh]jbV^cZh#
:c\V\‚XdbbZX]Vg\‚YZXdbbjc^XVi^dc
96B>:CIDJN6N8GD>I
|aVXZcigVaZcjXa‚V^gZYZ8gjVh!YVcha¼6gYƒX]Z! 9^Wcf_edebocf_gk[WkiWXh[fWhƒgk_f[Wkn@[kn
^aYd^i_dc\aZgZcigZhZhYZjmb‚i^Zgh#®6egƒhVkd^g Z½7j^„d[i":Wc_[dJekoWi½[ij[djhW‰dƒ}fbki_[khi
Y‚XgdX]‚a¼dgeVg‚fj^eZVjhVWgZZi|a¼‚e‚Z!|HnYcZn! h[fh_i[iWl[Y9oh_bCehƒ$¯BWfh[c_„h[\e_igk[`½W_
Zc'%%%!:9;!bdcZbeadnZjg!VgZXdccjaZhiViji j_hƒYedjh[bk_"_bc½WXWjjk"h[YeddW‰jb½[iYh_c[kh$
YZhedgi^[YZ]Vjic^kZVjfjZb¼VkV^iY‚_|dXigdn‚ B[iWXh[[d\Wkj[k_b"Y½[ijkd[Z_iY_fb_d[Z[^Wkj
aZb^c^hiƒgZYZhHedgih!gVXdciZ"^a#?¼V^W‚c‚ÄX^‚ d_l[Wk$9½[ijjh„ij[Y^d_gk[[jb[iYekfifWhj[dj
Y¼jcb^"iZbehVccjVa^h‚fj^b¼VeZgb^hYZXdchVXgZg X[WkYekffbkihWf_Z[c[djgk[Y^[pb[ilWb_Z[i$°
CWb]hƒbW\W_Xb[Yekl[hjkh[cƒZ_Wj_gk[Z[Y[i@[kn
A6JG:CI76N:JM$;:9:G6I>DC;G6C86>H:=6C9>HEDGI

WZVjXdjeeajhYZiZbeh|bdchedgi#¯
8VgZceajhYZhZcigVˆcZbZcihZiYZhXdbe‚i^i^dch! fWhWbocf_gk[i":Wc_[dJekoWik_lhWX_[di“h
8ng^aBdg‚Yd^iVjhh^WViV^aaZg[ZgbZedjgigdjkZg b[fWhYekhiZ[9oh_bCehƒ}7j^„d[i[jW`ekj[0
YZhhedchdgh#®G^ZcfjZXZiiZVcc‚Z!edjgÄcVcXZg ¯@[bk_iek^W_j[b[c[_bb[kh0_bWbWc[djWb_jƒ[j
bZhhiV\ZhZibZhY‚eaVXZbZcihZc8djeZYjbdcYZ b[jWb[djfekheXj[d_hY[j_jh[[j_bb[cƒh_j["YWhY½[ij
Zieg‚eVgZgV^ch^aZh?Zjm!^abZ[VaaV^iigdjkZg(%%%%æ! lhW_c[djgk[bgk½kdZ[X_[d$° 9$H#=
Zmea^fjZ"i"^a#?Zc¼V^eVhg‚jhh^|WdjXaZgXZWjY\Zi

&,H:EI:B7G:'%%)

PDF généré avec les logiciels Sowedoo


&+ 8=6AA:C<:<DA;

¹DckVidjhYVchaZ
WdchZch!Zih^_Z
eZjmbZcZgXZiiZ
igdjeZ!iVcib^Zjmº
I]dbVhAZkZi
L6GG:CA>IIA:$<:IIN$6;E

&,H:EI:B7G:'%%)

PDF généré avec les logiciels Sowedoo


&,

GN9:G8JE

A¼:JGDE:
9:;>:A:HJH6
AVGnYZg8je!jcigde]‚ZYZa‚\ZcYZ!ZmX^iZaZheVhh^dch Y^gZXiZjg\‚c‚gVaYZaV;‚Y‚gVi^dc[gVcV^hZYZ\da[#
²eajhY¼jci^igZ!cdjhhdbbZh]ZjgZjm#I]dbVh
YZX]VfjZXi‚YZa¼6iaVci^fjZ#:ciZggZ]dhi^aZegƒhYZ V[V^ijcZhjeZgWZhV^hdcZieZji_djZgjcgaZ
G:EÎG:H
eg‚edcY‚gVciYjgVciXZhigd^h_djgh#:chj^iZ!XZiiZ (*Zw9>I>DC9:A6GN9:G8JE
Yj&)Vj&.hZeiZbWgZ
9Zigd^i!aZ;gVcV^hI]dbVhAZkZiVjchVXg‚gaZ|_djZg# VkZcijgZg‚XdbeZchZjc]dbbZYZ\gVcYZfjVa^i‚#¯
|DV`aVcY=^aah8djcign8ajW!
:c&...!?ZVcKVcYZKZaYZh¼‚iV^ifjVa^Â|aV[dgXZ
B^X]^\Vc!wiVih"Jc^h
Yjed^\cZi#EdjgjcW^aVcVj\d’iVbZg#EZj
wI6IH"JC>H/I^\ZgLddYh!E]^a

’
8¼Zhi\g}XZVjWa‚Zi!edjgiVci!VjXjc VjgZXdgYYZ&&eVgi^X^eVi^dchedjg'*ed^cih Xdch^Y‚g‚eVgaZXVe^iV^cZBVg`?VbZh!®K9K¯
B^X`Zahdc!9Vk^hAdkZ>>>!?^b
\da[Zjgbd^hhdccZjgY¼Zmead^ihcZ g‚Xdai‚h!h¼Zhi^bedh‚a¼6aaZbVcY7Zgc]VgYAVc\Zg# c¼VkV^ieVh‚i‚gZiZcjZcYdjWaZ!hZXdciZciVciYj
;jgn`!9Vk^YIdbh!@ZccnEZggn!
g‚XdaiZgVYZhYdaaVghdjYZhZjgdh# AVc\ZghZgVaZXVe^iV^cZcdc"_djZjgYZXZiiZ h^beaZdWa^\Vid^gZ[VXZ|9Vk^hAdkZ!a¼jcYZhidji
8]VY8VbeWZaa!8]g^h9^BVgXd!
HVbjZaGnYZg!bVgX]VcYYZ\gV^ch[dgijc‚! [dgbVi^dcZjgde‚ZccZ'%%)!iZcVciZYji^igZ&*!* bZ^aaZjgh_djZjghYjbdcYZ#HVchk‚XjYVch
;gZY;jc`!8]g^hG^aZn!?Vn=VVh!
c¼^bV\^cV^iXZgiV^cZbZcieVhfj¼VjMM>Zh^ƒXaZ |&'!*Zc'%%'Vj7Za[gn!6c\aZiZggZfj^g„kZY¼jc a¼‚egZjkZ!KVcYZKZaYZh¼^cXa^cVYƒhaZ&(Zigdj HiZlVgi8^c`#8Ve^iV^cZ/
dc_djZgV^iZcXdgZedjgaV\ad^gZ#:iaZYgVeZVj# WdcXdjehjgaZeVgXdjghigƒheg^k‚Y¼DV`aVcY=^aah! hjg&-#I]dbVhAZkZicZYZkgV^ieVhXdccVˆigZ =VaHjiidc
AdghfjZaZ\‚c‚gZjmb‚XƒcZVc\aV^hXg‚V! egƒhYZ9Zigd^iB^X]^\Vc#Edjg^b^iZg7VaaZhiZgdh! aZb„bZhdgi#Igd^h^ƒbZVjXaVhhZbZciZjgde‚Zc! :JGDE:/EVYgV^\=Vgg^c\idc!
Zc&.',!jcZXdbe‚i^i^dceVg‚fj^eZhZcigZ XVe^iV^cZkV^cfjZjg|KVaYZggVbV:heV\cZZc aZEVg^h^Zch¼Zhibdcig‚[dgig‚\ja^ZgadghYZhZh EVjaBX<^caZn>ga#!HZg\^d<VgX^V!
hZhXdbeVig^diZhZiaZhbZ^aaZjgh_djZjghYZh &..,!7Zgc]VgYAVc\ZgY^hedhZgVY¼jcZ[dgbVi^dc YZgc^Zghidjgcd^h#9Zfjd^gVhhjgZgAVc\Zg! B^\jZa6c\Za?^bZcZo:he#!
wiVih"Jc^h!^a‚iV^i[dgX‚bZcifjZhi^dcY¼]dccZjg# bVg^Vcia¼Zme‚g^ZcXZYZ?^bZcZo:heV\cZ fj^hV^ieVg[V^iZbZcifjZ[VXZVjmI^\ZgLddYh! 9VggZc8aVg`Z>ga#YjCdgY!AZZ
9Zej^h!egZhfjZg^Zcc¼VX]Vc\‚#8ZgiZh!Zc'%%)! ZiBdci\dbZg^ZwXdhhZ|aV[dj\jZYZ<VgX^V E]^aB^X`Zahdcdj9Vk^hAdkZ![VXZVjmhjeedgiZgh LZhilddY!EVja8VhZn!>VcEdjaiZg!
d‘aZgd^YZh\da[ZjghZhiXZaj^fj^\V\cZaZeajh :heV\cZdj8aVg`Z>gaVcYZYjCdgY#:iej^h!edjg Vb‚g^XV^chhdjkZci]nhi‚g^fjZh!^a[VjYgVYZhcZg[h 9Vk^Y=dlZaa!Aj`Z9dcVaY6c\#!
Y¼Vg\Zci!aViZciVi^dcZhijceZjeajh\gVcYZ aV'Z[d^hYZa¼]^hid^gZYZaVGnYZg8je!jc;gVcV^h/ Y¼VX^Zgedjg[V^gZXdjaZgaZX]VbeV\cZ[gVcV^h! I]dbVhAZkZi;g#!8da^c
X]ZoXZgiV^ch_djZjghYZg‚XaVbZga¼dgedjg I]dbVhAZkZi#®8¼ZhiaVXdcXg‚i^hVi^dcYZWZVjXdje ‚k^YZbbZci|DV`aVcY=^aah#N Bdci\dbZg^ZwX##8Ve^iV^cZ/
hZgk^XZhgZcYjh#BV^haZh\VgY^ZchYjiZbeaZ Y¼Vcc‚ZhYZWdjadi!hZg‚_dj^i=jWZgi8]ZhcZVj! :;D?IB;8EKL?;H 7Zgc]VgYAVc\Zg6aa#
g‚h^hiZci#HjgaZhX^gXj^ihegd[Zhh^dccZahY^hi^cXih
Y¼:jgdeZZiYZhwiVih"Jc^h!X]Vbe^dcheaVc‚iV^gZh
Zig‚k‚aVi^dchYZa¼Vcc‚ZhZWViiZciYdcXedjgjcZ
h‚aZXi^dc]VjiZbZcihnbWda^fjZ#?djZgaVGnYZg
8je!X¼ZhiZcigZgYVchaZ\di]VYZhbZ^aaZjgZh I=DB6HA:K:I/¹CDJHHDBB:H
kVaZjghYZhdc‚edfjZ#

AVg‚kdaji^dcYZh:heV\cdah
IGÎHE:G;DGB6CIHº
>a[VaajiYjiZbehZiY¼}egZhc‚\dX^Vi^dchedjgfjZ ²(+Vch!aZbZ^aaZjg\da[Zjg[gVcV^h_djZ 6kZXXZiiZh‚aZXi^dc!kdjhYZkZcZojceZjeajh FjZahdci‚i‚aZhegZb^ZghbdihYjXVe^iV^cZ
aZhwiVih"Jc^hcZhd^Zcieajhdeedh‚hVjmhZjah hVegZb^ƒgZGnYZg8je#6jideYZhV[dgbZ# aZedgiZ"YgVeZVjYj\da[[gVcV^h4 7Zgc]VgYAVc\Zg4
7g^iVcc^fjZh#:c&.,(!aZh>gaVcYV^hhdci^ci‚\g‚h# 8dbbZcih¼VccdcXZkdigZegZb^ƒgZGnYZg8je4 8ZaVgV_djiZjcZa^\cZ|bdceVabVgƒh°?ZcZhj^h 9‚_|!^acdjhVZmea^fj‚aZhg^\jZjghYZaVGnYZg
:c&.,.!a¼:jgdeZYj\da[Zhid[ÃX^Va^h‚Z\g}XZ 9ZWdcVj\jgZ#CdigZ‚fj^eZc¼VeVhYZWaZhh‚h# fj¼jcaZVYZgedcXijZa#>anVY¼VjigZh\Vghfj^dci 8je#>anVWZVjXdjeYZbdcYZedjgjciZa
|a¼:heV\cZ!VkZX<Vgg^YdZihjgidjiHZkZg^Vcd 8ZaVkVkgV^bZci„igZjchjeZgbdbZciedjgbd^# [V^iYZigƒhWdchg‚hjaiVihXZiiZVcc‚ZZiZcXdgZ ‚k‚cZbZci!WZVjXdjeYZb‚Y^Vh!ZiXdbbZcdjh
7VaaZhiZgdh#;VXZ|a¼]‚\‚bdc^ZYZh6b‚g^XV^ch ?Zb¼ViiZcYh|‚kdajZgZcYdjWaZVkZXBdci\dbZg^Z Y¼VjigZhfj^hdciZceVhhZY¼Zc[V^gZ#DckVidjh cZhdbbZhfjZYdjoZ_djZjgh!dckV„igZWZVjXdje
fj^c¼VkV^ZcieVheZgYjYZej^h&.*,!^a[VaaV^iYj dj?^bZcZoej^hfjZcdh_ZjmhdciXdbea‚bZciV^gZh# YVchaZWdchZch!Zih^_ZeZjmbZcZgXZiiZigdjeZ! hdaa^X^i‚h#AVc\ZgcdjhVVjhh^eVga‚YjejWa^X
hVc\X]VjY#GZYdjiVWaZXdbe‚i^iZjgYZgg^ƒgZhdc KdjhhZciZo"kdjheajh[dgifjZ?ZVcKVcYZ iVcib^Zjm# Vb‚g^XV^c/.%XdcigZcdjh9Zgg^ƒgZ!^anVjgVYZh
gZ\VgYhdbWgZ!7VaaZhiZgdhVjgVbVgfj‚aVGnYZg KZaYZfj^c¼VkV^i_dj‚fj¼jcbViX]Zc&...4 FjZaaZheZjkZci„igZaZh[V^aaZhYZh6b‚g^XV^ch4 bViX]ZhkgV^bZciigƒhhZgg‚h#DcZhiW^Zceg‚kZcjh#
8jeYZa¼ƒgZbdYZgcZ#:cigVˆcVcihdcedjaV^c?dh‚ Dj^#?¼Vgg^kZeajhZc[dgbZfjZaj^|a¼‚edfjZ#CdigZ 8¼ZhijcZ‚fj^eZYZhiVgh>ahdciWZVjXdjeYZ ²fjZa_djZjgVkZo"kdjhZck^ZYZkdjh[gdiiZg4
BVg^VDaVoVWVaedjg!XZgiV^cZbZci!aVeV^gZaV ‚fj^eZZhiVjhh^eajh]dbd\ƒcZ/VjiVciY¼VcX^Zch egZhh^dchjgaZh‚eVjaZhej^hfj¼^ahhdciaVg\ZbZci C¼^bedgiZfj^AZegZb^Zgfj^hZeg‚hZciZgVVj
eajhbni]^fjZVjXdbWVi# fjZYZc‚de]niZh#:ihjgidjidcZhiegVi^fjZbZci [Vkdg^hX]ZoZjm#6jhh^!_ZeZchZfj¼^ahdcifjZafjZh Y‚eVgi#A¼:jgdeZZhiXdc[^VciZb„bZh^cdjhc¼Vkdch
9Zej^h!a¼:jgdeZ[V^iigZbWaZgaZhwiVih"Jc^h#:c idjh|‚\Va^i‚#?ZXgd^hVjhh^fjZaZhZggZjghYj Y^[[^Xjai‚h|_djZgZc‚fj^eZ#I^\ZgLddYhdjE]^a eVhaZhb„bZhXaVhhZbZcihbdcY^VjmfjZaZh
&.-*!aZK^Zjm8dci^cZcig‚XjeƒgZZcÃcaZigde]‚Z# XVe^iV^cZBVg`?VbZhZc&...cZkdcieVh„igZ B^X`ZahdcdciWZVjXdjeYZbVa|h¼^ci‚\gZgYVchjc 6b‚g^XV^ch#Fj¼^bedgiZVjhh^aVY^[[^Xjai‚Yj
9ZjmVcheajhiVgY!^ah¼^bedhZYZa¼VjigZXi‚YZ g‚‚Y^i‚Zh/idjiaZbdcYZkV„igZYVchaZ\gVcYWV^c XdaaZXi^[VkZXYZh\Vghfj¼^ahkZjaZciWViigZidjiaZ eVgXdjgh#FjVcYdcVjcZ‚fj^eZVjhh^bdi^k‚Z!
a¼6iaVci^fjZVkVciYZXdchZgkZghdcW^ZcadghYZ YƒhaZegZb^Zg_djgPcYag/?VbZhc¼VkV^ieVh[V^i gZhiZYZa¼Vcc‚Z#²cdjhYZcdjhhZgk^gY¼jcZmXƒh VkZXYZh_djZjghVjhh^eZg[dgbVcihXZhYZgc^ƒgZh
a¼‚Y^i^dchj^kVciZ#6kZXaZhbViVYdgh^W‚g^fjZh! _djZgaZhigd^hcdjkZVjm_djZjgh!HVcYZa^c!KVcYZ YZXdc[^VcXZVYkZghZ#²cdjhVjhh^YZegd[^iZg hZbV^cZh!aZiZggV^cc¼VeajhY¼^bedgiVcXZ#
VkZXC^X`;VaYdaZeajhXVe‚ZcGnYZg8je KZaYZ!8daiVgi!adghYZhYZjmegZb^ƒgZh_djgc‚ZhR# Y¼jcZ[dgbVi^dcfj^c¼ZhieVhidjiZ_ZjcZ# FHEFEIH;9K;?BB?IF7H:$B$

&,H:EI:B7G:'%%)

PDF généré avec les logiciels Sowedoo


&- 8=6AA:C<:GJ<7N

6\ZcVg‚jhh^aZXdje
YZa¼Vcc‚ZZc
Zc\V\ZVciaVWdbWZ
[^Y_^ZccZ8VjXVjc^WjXV
E=DIDHEDGI$E6CDG6B>8

&,H:EI:B7G:'%%)

PDF généré avec les logiciels Sowedoo


&.

A:IDE&+;6>IHDC

H=DL
8¼Zhia¼Vcc‚ZYZidjhaZhX]Vc\ZbZcih/X]Vbe^dccVi
gZbdYZa‚!^Y‚Zh^bedgi‚ZhYZa¼]‚b^he]ƒgZHjY!hiVgh
^ciZgcVi^dcVaZh°AZ®gj\Wn"XVhhdjaZi¯ZhiWZaZiW^ZcdjWa^‚#
O‚aVcYZZiBZiXVa[ZwXdhhZ|8VhigZh#HVchdjWa^Zg
aZXdjeYZa¼Vcc‚Zg‚Va^h‚eVg6\Zcfj^!ZceajhYZ
[V^gZh^\cZgaZh>iVa^Zch9ZaVeeZZiEZgh^Xd!V[V^i
kZc^gaVWdbWZÃY_^ZccZGjeZc^8VjXVjc^WjXV
egdcdcXZo®hVdhhVdc^WjXV¯!V^a^Zghjgej^hhVci
&!-%b0.-`\fj^V[V^iYZhgVkV\ZhYVchaZ
HjeZg&'ZiadghYZaVYZgc^ƒgZ8djeZYjbdcYZ#

’
9Zej^haZbZgXgZY^&-Vd’i!aZgj\WnVhdc ®_ZjcZh¯Zc[V^hVciXdcÃVcXZVjm_djZjgh^hhjh 6jigZhXa^Zcihh‚g^ZjmedjgaZi^igZ/IdjadjhZ
X]Vbe^dccViYZ;gVcXZXVafj‚hjgXZaj^ YZaZjgXZcigZYZ[dgbVi^dc#²a¼^ciZghV^hdc!aZh Zi7^Vgg^io#H^aZhgdj\ZZicd^gdciX^Wa‚aZjg
G:EÎG:H Yj[ddiWVaa#HZ^oZ‚fj^eZhg‚jc^ZhZc eZch^dccV^gZhYZa¼‚a^iZhZhdcia^kg‚h|jcZcdjkZaaZ gZXgjiZbZciZcgZc[dgVcicdiVbbZcijcZb„a‚Z
+Z?DJGCw:9JIDE&+ jcZedjaZjc^fjZfj^h¼V[[gdciZciZcbViX]ZhVaaZg" XdjghZ|a¼VgbZbZciedjghd^i‚k^iZgaZh(YZgc^ƒgZh hdj[[gZiZjhZ=VhVcVgg^kZY¼6\Zc!aZh7^Vggdihdci
KZcYgZY^&,hZeiZbWgZ gZidjgedjgY‚X^YZgYZaZjg]^‚gVgX]^Z#Eg‚X^h^dc eaVXZhfj^hZgdcihncdcnbZhYZgZa‚\Vi^dcZc [gVee‚[dgi/IgV^aaZZi=Vg^cdgYdfjnEVj!6j\jhi
7g^kZ·CVgWdccZ&.](% ^bedgiVciZ/aZX]Vbe^dcYZ;gVcXZcZhZgVeVh Egd9'!hd^iVXXgdX]Zga¼jcZYZh+egZb^ƒgZheaVXZh HiVYZ;gVcV^h!AZVaVbVcj¼VIdc\V!6gVbWjgj
HVbZY^&-hZeiZbWgZ XZaj^fj^VjgViZgb^c‚&ZgYjXaVhhZbZci|a¼^hhjZ fjVa^ÃXVi^kZhedjgaV8djeZY¼:jgdeZdja¼jcZ 6g\Zci^cZZiAZXdjahIdjadjhZhdcikZcjh
8VhigZh·EZge^\cVc&*]&% YZh(%_djgc‚ZhYjX]Vbe^dccVi!bV^hWZaZiW^Zc YZh)YZi„iZedjghZfjVa^ÃZgZcYZb^"ÃcVaZ# gZc[dgXZgjcZ[[ZXi^[Y‚_|XdchiZaa‚Y¼‚id^aZh#
7^Vgg^io·7VndccZ&,](% aZkV^cfjZjgYZaVb^c^"e]VhZÃcVaZfj^hj^kgV#JcZ ²X]VXjchdcYZhi^cZihZhdW_ZXi^[h# 8dbbZaZGZVaBVYg^Y!aZ7^Vgg^ioDanbe^fjZVhZh
HiVYZ;gVcV^h·7djg\d^c Xdbe‚i^i^dcfj^kViZc^gidjiaZbdcYZZc]VaZ^cZ 9Z[V^i!aV;gVcXZVVXXjZ^aa^XZi‚i‚fjZafjZhhiVghYj ®\VaVXi^Xdh¯JcZ[[ZXi^[fj^Yd^i[V^gZe}a^gaZHiVYZ
&-] _jhfj¼VjhVbZY^&&_j^c'%%*#6kZXXZiiZedjaZ gj\WnbdcY^Va/HiZe]Zc?dcZh<VaaZh|8aZgbdci" ;gVcV^h#AZXajWeVg^h^Zc!YdjWaZX]Vbe^dcYZ
8aZgbdci"6jkZg\cZ·6jX] jc^fjZ!aZgj\WnYZ®7‚WZgi¯!hjgcdbYZa¼VcX^Zc ;ZggVcY!<VgZi]I]dbVh<VaaZh|IdjadjhZ!=jbZ ;gVcXZ!h¼Zhibdcig‚Y^hXgZihjgaZbVgX]‚YZh
&.](% eg‚h^YZciYZaV;‚Y‚gVi^dc[gVcV^hZYZgj\Wn ZiKVcYZc=ZZkZg6[g^fjZYjHjY|EZge^\cVc! igVch[Zgih#;VW^Zc<Vai]^‚!Zm"_djZjgZicdjkZa
<gZcdWaZ·IdjadjhZ&.](% 6aWZgi;ZggVhhZ!ZihZh[dgbjaZhYZX]Vbe^dccVi B^a[dgY6jhigVa^Z|7VndccZ!Daa^k^Zg6jhigVa^Z ZcigVˆcZjg!‚iVciaVeg^cX^eVaZ®gZXgjZ¯°N
7‚o^Zgh·6\Zc&.](% |')!)-!+)Zib„bZ-%‚fj^eZh!gZaƒkZYZaV |7‚o^Zgh!9ZccZn6c\aZiZggZ!;aZb^c\CdjkZaaZ" C7N?C;J?IIEJ
BdcieZaa^Zg·EVj'%] eg‚]^hid^gZ#8dbea^fj‚|hj^kgZZi^c^ci‚gZhhVci
edjgaZhcdc"^c^i^‚h!aZgj\WnVZcÃcbji‚#6jigZ
cdjkZVji‚ZicdcYZhbd^cYgZh!aZWVgƒbZV
X]Vc\‚!VkZX)ed^cihedjgaVk^Xid^gZ!'edjgaZcja
Zi%edjgaVY‚[V^iZ#8ZWVgƒbZV‚i‚V\g‚bZci‚
Y¼jcZcdjkZVji‚^che^g‚ZYZa¼]‚b^he]ƒgZHjY/
<6AI=>w!¹E:I>I?:JC:º
aZWdcjh!VXXdgY‚|a¼‚fj^eZfj^bVgfjZ)ZhhV^hdj k^Zjm¯#6j_djgY¼]j^!dcbZigV^iZYZ¹eZi^i_ZjcZº!Vadgh
eajhYVchjcbViX] &eiZi|a¼‚fj^eZfj^h¼^cXa^cZ VbZ[V^ieaV^h^g#
VkZX,eihdjbd^chY¼‚XVgi &ei#A¼d[[Zch^kZZhi 8ZhYZjmYZgc^ƒgZhhV^hdch!aZ_ZjYjHiVYZ;gVcV^hV
Y‚XaVg‚ZZiaZheZXiVXaZViiZcYj# hdjkZci‚i‚b^hZcVkVciedjghdcXi‚g‚YjXiZjg#
KdjaZo"kdjhX]Vc\ZgXZiiZ^Y‚ZgZjZ4
CdjkZaaZhiVgYjeZi^i‚XgVc ?¼V^bV^haZ_ZjfjZegdYj^hV^iXZiiZ‚fj^eZ#:aaZ\V\cV^iZi
<JN<>DH$A:E6G>H>:C$B6MEEE

9‚hdgbV^h!a¼‚fj^eZYZ;gVcXZ!aZIdjgcd^YZh g‚edcYV^iidj_djgh¹eg‚hZciºYVchaZhbdbZcih^bedgiVcih#
K>CVi^dch!aVÃcVaZYjX]Vbe^dccViZiXZaaZ 8¼ZhiaVbVgfjZYZh\gVcYhXajWh#BV^ciZcVci!_Zhj^h
YZaV8djeZY¼:jgdeZcZhZgdcieajhaZhhZjah fjZafj¼jcY¼VbW^i^Zjm#?ZbZegd_ZiiZYVchYZcdbWgZjhZh
‚k‚cZbZcih|bdW^a^hZga¼ViiZci^dcYj\gVcYejWa^X# X]dhZhZicdiVbbZciYVchjcgj\WnZ[[^XVXZ!fj^egZcY
K^V8VcVa ZiHedgi !aZgj\Wnh¼^chiVaaZ WZVjXdjeYZeaVXZ#
Xdc[dgiVWaZbZciYZgg^ƒgZaZ[ddiWVaaVjgVc\ GZigV^i‚VegƒhaV8djeZYjbdcYZ!;VW^Zc<Vai]^‚ FjZaZhikdigZVk^hhjgXZcdjkZVjX]Vbe^dccVi4
YZhhedgihaZheajhb‚Y^Vi^h‚h/igd^hgZcXdcigZh V[^cVaZbZcigZeadc\‚#6j_djgY¼]j^ZcigVˆcZjgYjHiVYZ AV[dgbjaZZhiWdccZ#8dbbZidjhaZhXajWhhZgZcXdcigZci!
Y^[[jh‚ZheVg_djgc‚ZYZX]Vbe^dccVi# ;gVcV^h!^aeVgiV\ZhZhVbW^i^dchZihZhXgV^ciZhedjg ZaaZkVg‚XdbeZchZga¼‚fj^eZaVeajhg‚\ja^ƒgZ#6kZXaZed^ci
8i‚iZggV^c!aZhXajWhdci®djWa^‚¯aVegZhh^dc aVhV^hdc|kZc^g# YZWdcjh!ZaaZg‚XdbeZchZgV‚\VaZbZcia¼‚fj^eZaVeajh
Yjg‚hjaiViZia¼dWa^\Vi^dcYZÃ\jgZgYVchaZh EVhhZgYZaVajb^ƒgZYZhiZggV^ch|a¼dbWgZYjWVcXYZ VbW^i^ZjhZdjXZaaZfj^cZa}X]ZgVeVhaZhbViX]ZhPcYag/
-bZ^aaZjghXajWhYZa¼=ZmV\dcZedjg_djZgaVe]VhZ idjX]ZcZYd^ieVh„igZjcZgZXdckZgh^dc‚k^YZciZ### &ed^ciYZWdcjhZhi^chXg^i|eVgi^gYZ)ZhhV^hbVgfj‚hdj
ÃcVaZZiWdjXaZgaZhWjY\ZihXdbbZXZedjkV^i ®?ZXdbbZcXZVkZXWZVjXdjeY¼]jb^a^i‚#?Zhj^hjceZi^i edjgjcZY‚[V^iZYZ,eihZibd^chR#BV^ciZcVci!aVhV^hdc
„igZaZXVhaZhVcc‚Zheg‚X‚YZciZh#EdjgiVci! WaZjYVchaZbdcYZYZhZcigVˆcZjgh#FjVcY_¼V^b^hjc hZgVadc\jZZiYjgZedjgaZhdg\Vc^hbZh#¯
XdcigV^gZbZci|XZfj¼ZaaZhVkV^ZciVccdcX‚!aZh iZgbZ|bVXVgg^ƒgZYZ_djZjg!dcbZigV^iV^iYZ®eZi^i FHEFEIH;9K;?BB?IF7HH;D7K:8EKH;B
‚fj^eZhcZhZbWaZcieVhY‚X^Y‚Zh|_djZgaVXVgiZ

&,H:EI:B7G:'%%)

PDF généré avec les logiciels Sowedoo


'% DBC>HEDGIH:C7G:;
8GD6I>:!9J&+6J')H:EI:B7G:


8=6BE>DCC6IH9JBDC9:9:E6G68=JI>HB:
IdjiZhaZhY^hX^ea^cZhYjeVgVX]ji^hbZ
& AZkdagZaVi^[ ' AVeg‚X^h^dcYViiZgg^hhV\Z nhdcigZeg‚hZci‚Zh|a¼ZmXZei^dcYZh
AZkdagZaVi^[hZegVi^fjZeVg‚fj^eZhYZ)KG)dj-KG-# cdjkZaaZhkZgh^dch/aZ[gZZ[anX]jiZa^WgZ
8]VfjZXdcXjggZcig‚Va^hZ-hVjih#
AZXdcXjggZciZhiaVg\j‚|&%%%bYVai^ijYZ# ZiaZh`nhjg[hjg[YZhV^gh#6j
K^YZdbVcedgiVci
jcZXVb‚gV DjkZgijgZYZaVkd^aZkZgh-%%bYVai^ijYZ# egd\gVbbZ!fjVigZhedgihW^ZcY^[[‚gZcih!
hjghdcXVhfjZ XZgiV^cheVg‚fj^eZh!Y¼VjigZh^cY^k^YjZah#
:ckdai^\Z!aZXdcXjggZcihZYd^iY¼Zm‚XjiZg
8^WaZ‚aZXigdc^fjZ +[^\jgZh^bedh‚ZhZcjcb^c^bjbYZ
YZ((XbYZY^VbƒigZ
iZbeh!ZcX]jiVci|eajhYZ'%%`b$]#
:ckd^aZXdciVXi!eVgXdcigZ!aZh‚fj^eV\Zh
8VggZVjYZ(Xb )eZghdccZh‚kdajZcihdjhkd^aZ#AZWji
YZY^VbƒigZ
‚iVciYZg‚Va^hZgYZhVeedciV\ZhhjgaZh
kd^aZhYZhXd‚fj^e^Zgh#BV^haZhY^hX^ea^cZh

Xb
gZ^cZhYjeVgVX]ji^hbZgZhiZciaV

((
eg‚X^h^dcY¼ViiZgg^hhV\ZE6ZiaZkda
gZaVi^[KG#EgVi^fj‚eVg‚fj^eZhYZ
8]VjhhjgZh
W^hZVji‚Zh )dj-eZghdccZh!aZKGg‚XdbeZchZ
Vjc^kZVjYjiVadc aVXd]‚h^dcZiaVeg‚X^h^dcY¼jc\gdjeZ
ZcX]jiZa^WgZ#²XZeZi^i_Zj!a¼‚fj^eZYZ
:cKG)kdagZaVi^[|)eZghdccZh!aZhXdcXjggZcih
;gVcXZbVhXja^cZV‚iVWa^XZi‚i‚jc
hdciaVg\j‚hkZgh(&%%bYVai^ijYZ#>ahY^hedhZciVadgh gZXdgYYjbdcYZ)&[^\jgZhZcX]Vˆc‚Zh
YZ(*hZXdcYZhedjgZ[[ZXijZgjcbVm^bjbYZ[^\jgZh# AVY^hiVcXZZmeg^b‚ZZc AZWji‚iVciYZbVgfjZg Zc(*hZXdcYZhZihZeg‚hZciZYdcX
>ahYd^kZcig‚Va^hZgYZhXnXaZh^bedh‚hYZ*[^\jgZh XZci^bƒigZhZcigZaZed^ciY^beVXi aZbd^chYZed^cihedhh^WaZ# Zc\gVcY[Vkdg^#:c[^c!aVE6XdchVXgZ
i^g‚ZhVjhdgi#AZh[^\jgZhYd^kZci„igZg‚Va^h‚ZhYVch hjgaVX^WaZ((XbYZY^VbƒigZ 6j"YZa|YZaVX^WaZ!idjihVji
jceaVc]dg^odciVa#8]VfjZ[^\jgZg‚Va^h‚ZXdggZXiZbZci
a¼VgiYje^adiV\ZdjXdbbZcik^hZgjc
ZiaZXZcigZ(XbYZY^VbƒigZ ‚fj^kVji|&+ed^cih#
kVji&ed^ci#DjkZgijgZYZaVkd^aZ|-%%bYVai^ijYZ# ‚fj^kVji|jccdbWgZYZed^cih# i^bWgZ"edhiZ(XbYZY^VbƒigZ|eVgi^g
L6<

YZ-%%bY¼Vai^ijYZ#H$<$

76H@:I=6C9>HEDGI 6I=AwI>HB: ;DDI76AA a¼ZcXVYgZbZciiZX]c^fjZZciVci


KD7CxH?97?DIKIF;D:K:;KN7DI *&>;KH;IFEKHB;9¶KH B;FI=9ECFH;II; fj¼Vhh^hiVci#8ZiiZg‚dg\Vc^hVi^dc
:hed^gYjWVh`Zi"WVaaVb‚g^XV^cedjg EdjgX‚a‚WgZghdc)%ZVcc^kZghV^gZ! ;dgiZYZ),'eaVXZhadghYZaVhV^hdc ^ciZgk^ZciVjidjiY‚WjiYZaVe]VhZ
aZh?ZjmeVgVanbe^fjZh'%%)!EVja aV;‚Y‚gVi^dc[gVcV^hZYZ '%%("%)!aVig^WjcZYZegZhhZYjEVgX YZeg‚eVgVi^dcYZaV8djeZYj
=^aaV‚i‚hjheZcYjYZjmVcheVg XVgY^dad\^ZaVcXZ|idjhjcY‚[^ YZhEg^cXZhVkjhVXVeVX^i‚g‚Yj^iZYZ bdcYZ'%%-fj^hZ_djZgVZc
a¼6\ZcXZVci^YdeV\ZVb‚g^XV^cZ ZmXZei^dccZa/hZgZaVnZghjgaVe^hiZ &,%jc^i‚h|a¼dg‚ZYZa¼‚Y^i^dc'%%)" 6jhigVa^Z#EgdX]V^cbViX]
JH696!|aVhj^iZY¼jcXdcigaZ YjhiVYZ8]VgaZin|EVg^h&(Z %*#:ihZjah&*&h^ƒ\ZhhZgdci aZ&+dXidWgZXdcigZaVGjhh^Z!
edh^i^[|YZhhi‚gd‰YZhVcVWda^hVcih# VggdcY^hhZbZciYjgVci)%]ZjgZh! VXXdgY‚hVjm_djgcVa^hiZhYjgVciaV |BdhXdj!ej^h|6k^\cdcaZ
AZ_djZjgYZ)&Vch!YdciaV Y¼Vj_djgY¼]j^kZcYgZY^|&.]| &gZe]VhZYZaVA^\jZYZhX]Vbe^dch# (%dXidWgZYVchaZXVYgZYZ
hjheZch^dcV‚i‚gZcYjZZ[[ZXi^kZaZ Y^bVcX]Z&&]#Hedgi^[hXdc[^gb‚h AVY^[[‚gZcXZ‚iVci^X^Y^hig^Wj‚ZVj ?:9?68D7HD=C$6AAHEDGI$<:IIN$6;E aV8djeZY¼:jgdeZ#
'%Vd’iYZgc^Zg!c¼VeVh‚i‚ djegdbZcZjghYjY^bVcX]Z! IZVbbVg`Zi^c\!|aVegZhhZ
h‚aZXi^dcc‚YVcha¼‚fj^eZVb‚g^XV^cZ [Vb^aaZhdj\gdjeZhY¼Vb^h!X]VXjc ‚igVc\ƒgZZiVjmY‚iZciZjghYZYgd^ih
YZWVh`Zi"WVaahjgX]V^hZgdjaVciZ Zhi^ck^i‚|[djaZgaVe^hiZ#A¼Zc_Zj |a¼^bV\ZI;&!8VcVa #®DchZY^g^\Z ;DDI76AA
edjgaZhEVgVanbe^fjZhY¼6i]ƒcZh ZhiYZiV^aaZ!XVg|VjXjcbdbZci! kZghjcZegZhhZ|aVi„iZYjXa^Zci! F7HJ;D7?H;IFEKHB½;CFBE?
&,"'-hZeiZbWgZ# aVe^hiZcZYZkgVhZk^YZg h¼^chjg\Z:gcZhi8VedXX^!aZhncY^X 6egƒh+%%8Kg‚Xdai‚hZi(,%
cVi^dcVaYj[ddiWVaa|a¼JH?H;Jc^dc 76H@:I"76AA b^hh^dchegdedh‚Zh!8gZn[¼h>ciZg^b
HncY^XVaZYZh?djgcVa^hiZhHedgi^[h ºJ>;=B?:;»7KF7DJ>xED VY‚X^Y‚YZaVcXZga¼de‚gVi^dc
;gVcV^h#&*%eaVXZhedjgaV8&!XZ 8anYZ9gZmaZg!®I]Z<a^YZ¯! ®EVgiZcV^gZhedjga¼:bead^¯VkZX!
c¼ZhieVhedhh^WaZ#G^ZcfjZedjgaZ XdchVXg‚cZj[[d^h®6aaHiVg¯ XZiiZhV^hdc!+XajWhYZgZcdbb‚Z/
bViX]EH<"8]ZahZV!_¼V^gZj YjX]Vbe^dccViC76!ZcigZVj BVghZ^aaZ!AZchZiC^dgiZc[ddiWVaa!
'*%YZbVcYZh!idjiZh[gVcV^hZh#>a[Vji eVci]‚dcYZaV\ad^gZYjWVh`Zi! 6\Zc!EZge^\cVcZi8aZgbdci"
fjZaVegZhhZhZ[VhhZZciZcYgZ¯ aZ=Vaad[;VbZ#9gZmaZg!VkZXjcZ 6jkZg\cZZcgj\Wn#8ZlZZ`"ZcY!
bdnZccZYZ'%!)ed^ciheVgbViX] |a¼dXXVh^dcYjbViX]DB"IdjadjhZ
Zcfj^coZVchYZXVgg^ƒgZ![V^hV^i VjHiVYZK‚adYgdbZ!aZhYZbVcYZjgh
8N8A>HB: eVgi^ZYZaV9gZVbIZVbb‚YV^aaZ Y¼Zbead^edjggdcigZbea^gaZ
7HCIJHED=9EDJH;#7JJ7GK; Y¼dgVjm?Zjmdanbe^fjZhYZ [dgbjaV^gZ8Kfj^aZjghZgVY^hig^Wj‚
AZhZmijeaZkV^cfjZjgYjIdjgYZ 7VgXZadcZZc&..'#²hVgZigV^iZ! VkVciYZaZ\a^hhZgYVcha¼jgcZ
;gVcXZg‚XaVbZ'b^aa^dchY¼Zjgdh ^a‚iV^iYZkZcja¼jcYZhigd^h_djZjgh ®EVgiZcV^gZhedjga¼Zbead^¯#
edjgY^[[VbVi^dc|a¼‚Y^iZjgYZ YZaVC76|Vkd^gbVgfj‚'%%%%eih!
A#6#8dcY^YZci^Za!aZhhZXgZihYZAVcXZ eg^h+%%%gZWdcYhZi[V^i+%%%
6gbhigdc\Zi&b^aa^dcY¼Zjgdh| eVhhZhY‚X^h^kZh#
A¼:megZhhfj^ZcVejWa^‚aZhWdccZh
[Zj^aaZh#AVhdbbZYZ'b^aa^dch
Y¼ZjgdhZhig‚XaVb‚Zhda^YV^gZbZci GJ<7N²M>>>
Vjm‚Y^i^dchAVBVgi^c^ƒgZ!Vjm 9>7D=;C;DJ:½;DJH7ÑD;KH
VjiZjghYja^kgZ!aZh_djgcVa^hiZh9Vk^Y ;DxGK?F;:;<H7D9;
LVah]ZiE^ZggZ7VaaZhiZg!Zi|a¼Zm" A¼6jhigVa^ZcB^X`6aYdjhV‚i‚
KdjhhZgZo^bb‚Y^ViZbZci^c[dgb‚YZkdh\V^ch bVhhZjhZYjXnXa^hiZ:bbVD¼GZ^aan! cdbb‚ZcigVˆcZjgYZa¼‚fj^eZ
X^i‚ZYVcha¼djkgV\Z#9‚Wdji‚Y¼jcZ YZ;gVcXZYZgj\Wn|M>>>!Zc
egdX‚YjgZY¼jg\ZcXZZcg‚[‚g‚ gZbeaVXZbZciYZ<^aaZh9jbVh!
_jhiZVegƒhaVhdgi^ZYja^kgZ!AVcXZ ZcedhiZYZej^hX^cfVch#6cX^Zc
6gbhigdc\ViiZcYY‚hdgbV^h _djZjgYVchaVa^\jZegd[Zhh^dccZaaZ
aVYViZYZXdbeVgji^dc[^m‚Z VjhigVa^ZccZCGA!6aYdjhhjXXƒYZ
8G:N;¼H

Vj.Y‚XZbWgZegdX]V^c# |9jbVh!fj^YZbZjgZYVch

&,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


'' ;G::HINA:HJG;

?¼V^idjieaVfj‚
¹ edjgiZciZgbVX]VcXZ
Zc;gVcXZ
º

wG>8G:7>ÎG:

:FJ>A>7G:
>CHI67A:
FJ>@H>AK:G

&,H:EI:B7G:'%%)

PDF généré avec les logiciels Sowedoo


'(

:CH6KD>G
A:HEGDH²A¼:6J
AZh)*bZ^aaZjghhjg[ZjghYZaVeaVcƒiZ
Y‚WVgfjZcihjgaZheaV\Zh[gVcV^hZh#
9j')hZeiZbWgZVj(dXidWgZ!aZFj^`h^akZg
Egd;gVcXZ'%%)!hZjaZ‚iVeZ[gVcV^hZYj
X^gXj^ibdcY^VaL8I!egdbZijcheZXiVXaZ
\gVcY^dhZhjgaZheajhWZaaZhkV\jZh
YZHZ^\cdhhZ!YVchaZhAVcYZh!|HV^ci"
?ZVc"YZ"Ajo!VjEVnhWVhfjZ!hjgegƒh
YZ,%`bYZa^iidgVa#wg^XGZW^ƒgZhZgVW^Zc
h’gYZaVeVgi^Z!VjmXi‚hYZ@ZaanHaViZgZi
Y¼6cYn>gdch!X]Vbe^dcYjbdcYZZci^igZ#
wegZjkZ|hj^kgZZcY^gZXiZiZc^bV\Zhhjg
>ciZgcZi/lll#fj^`h^akZg#Xdb#

@6C67:68=
wg^XGZW^ƒgZYVchjcijWZ#

FJ>@H>AK:G
wg^XGZW^ƒgZVa^VhGZWg^mY‚WVgfjZZc;gVcXZ|a¼}\ZYZ'%Vch
ZcegdkZcVcXZYZhdc7g‚h^acViVa#H^mVcheajhiVgY!
8
 =6BE>DCC6IL8I
^aZhiaZegZb^Zghjg[Zjg[gVcV^h|^ci‚\gZgaZide))bdcY^Va# 7fh„i,ƒfh[kl[i0
'$6cYn>gdch=Vl*,)-eihe]did
>i^c‚gV^gZY¼jchjg[ZjgfjZafjZeZjX]V]ji‚eVgaVk^Z# ($8#?#=dW\ddYJH6)+))eih
)$@ZaanHaViZgJH6)'-)eih
*$?dZaEVg`^chdc6jh)%%-eih

’
®AV;gVcXZb¼ViZaaZbZciYdcc‚fjZ_Zhj^h Y¼6jhigVa^ZchVjhZ^cYjide))bdcY^Vadc +$9Vb^Zc=dW\ddYJH6(.&'eih
ÄZgYZgZeg‚hZciZgXZeVnh#6j7g‚h^a!aZhjg[ Y‚cdbWgZ(+6c\ad"HVmdch!dc^bV\^cZa¼^hdaZbZci +$CVi]Vc=ZY\Z6jh(.&'eih
-$BVg`DXX]^ajed6jh(-,+eih
ZhiaZigd^h^ƒbZhedgicVi^dcVaZi_Zc¼‚iV^h Yj®;gZcX]n¯>anVW^ZcaZh-7g‚h^a^ZchbV^h!
.$?V`ZEViZghdc6jh(+.+eih
g^Zc!cdn‚eVgb^aZhXZciV^cZhYZb^aa^ZghYZhjg[Zjgh# YZej^hadc\iZbeh!wg^XV[V^ihdcX]d^m#®AVkZ^aaZ
/$9ZVcBdgg^hdc6jh().'eih
?¼V^idjieaVfj‚!aV^hh‚bV[Vb^aaZYZgg^ƒgZbd^edjg YZa¼ZmVbZcY¼Zcig‚Z|a¼jc^kZgh^i‚!_¼V^[V^ijcZ‚cdgbZ
'&$B^X]VZaAdlZ6jh()+-eih
iZciZgbVX]VcXZZc;gVcXZ#?¼VkV^hVadgh&%%%hjg Wg^c\jZ|G^d#AZaZcYZbV^c!_ZbZhj^haZk‚|b^Y^#
###
bd^ZiVjXjcZcdi^dcYZ[gVcV^h#¯8¼ZhiZc]‚h^iVci A¼ZmVbZc‚iV^i|-]ZjgZh#BZheVgZcihkdjaV^ZcifjZ_Z
*+$wg^XGZW^ƒgZ;gV&.'%eih
ZcXdgZhjgaZhbdihfj¼wg^XGZW^ƒgZhZgVXdciZ#Hdjh edjghj^kZbZh‚ijYZh!bV^hbdcX]d^m‚iV^i[V^i#
a¼Z[[ZiYZa¼VXXZciWg‚h^a^Zc!aZhbdihh¼VaVc\j^hhZci <Va‚gZgX^cfVch|a¼jc^kZgh^i‚edjgcZeVhigdjkZgYZ
bV^hYZbZjgZcieZh‚hedjgXaVfjZga¼]^hid^gZY¼jcZ Wdjadi|aVhdgi^Z!eVgXZfj¼Vj7g‚h^a!X¼ZhiXdbbZV
k^Z[V^iZYZY‚gVX^cZbZcih!YZ\VaƒgZZiYZhjg[# igƒheZjedjgbd^¯!XdcÃZ"^a!Vbjh‚#
9Zej^hhdcVgg^k‚Z!^anVh^mVch!hjgaVXiZaVcYV^hZ!
wg^XVVeeg^h|hZ[V^gZXdbegZcYgZ#EVgaVfjVa^i‚ ¹6aZm^VbZhj^kgVhjgaZidjgº
YZhdchjg[!Y¼VWdgY#9ƒhhdcVgg^k‚ZYVchaZhkV\jZh EgZb^ƒgZhXdbe‚i^i^dch|a¼}\ZYZ&(Vch#EgZb^ƒgZh
Vfj^iV^cZh!^aY‚idcZ#Ej^h!eVgjcZY‚iZgb^cVi^dc k^Xid^gZh#®?Zc¼‚iV^hkgV^bZcieVhYdj‚#BV^h!Yƒha¼}\Z
k^iVaZfj^a¼VXdcYj^i_jhfj¼VjX¶jgYjX^gXj^ibdcY^Va YZ&)Vch!_¼V^Y‚kZadee‚jcWdchZchiVXi^fjZfj^bZ
YZhjg[d‘^agZeg‚hZciZaV;gVcXZ!bV^hVjhh^ eZgbZiiV^iYZb¼^bedhZgYZkVciYZh\VghbZ^aaZjgh
a¼:jgdeZVkZXhZhbjai^eaZhi^igZhXdci^cZciVjm# fjZbd^#¯8¼ZhiVkZXXZiiZkdadci‚ZiXZhZchiVXi^fjZ OC$E6CDG6B>8
GZW^ƒgZc¼‚iV^ieVhkgV^bZciaZcdbViiZcYj fj¼^aY‚XdjkgZaZhAVcYZhZcY‚WVgfjVciYVchaZ
hjga¼Zc"i„iZYZXZX]Ve^igZYZa¼]^hid^gZYjhjg[ k^aaV\Z"kVXVcXZhY^g^\‚eVgjcVb^YZhdceƒgZ#
[gVcV^h#®;gVcXd"7g‚h^a^Zc¯!wg^XZifjZafjZh ®vVVYjg‚fjZafjZhbd^hbV^h!fjVcYa¼‚i‚ZhiVgg^k‚!
VjigZhhjg[ZjghYZkZcjh[gVcV^hbV^hc‚hVj7g‚h^a _ZbZhj^hhZci^jceZjZcigdeVadgh_Zhj^heVgi^
edgiZciZcXdgZXZiiZ‚i^fjZiiZ#®Dc‚kdfjZhdjkZci |AVG‚jc^dc#¯:me‚g^ZcXZeZjXdcXajVciZ# >CI:GC:I
cdigZh^ijVi^dc!VkZXEVig^X`7ZkZcVjigZhjg[ZjgYj GZidjgZcB‚igdedaZVkZXaZheaVcX]ZhedjghZja mmm$aWdWX[WY^$Yec
X^gXj^iZjgde‚ZcY¼dg^\^cZWg‚h^a^ZccZ!cYagZidcZhi WV\V\Z#wg^XY‚edjhh^ƒgZaZ\VgV\ZY¼jcZVb^Zedjg AZh^iZYjhedchdgY¼wg^XGZW^ƒgZ!jcZ
Y¼VXXdgYedjgXaVbZgcdigZÄZgi‚YZgZeg‚hZciZgaV h¼n^chiVaaZg#HZhegZb^ƒgZhk^Xid^gZhaj^gVeedgiZci bVgfjZXg‚‚ZeVgYZhg^YZghWgZidch#
;gVcXZ#BV^hVc¼ZhieVhh^h^beaZ#6j7g‚h^a!aZhVjigZh jceZjY¼Vg\Zci#AZhhedchdghhZbVc^[ZhiZci# 8dbeaƒiZbZciY‚XVa‚!aZkdnV\ZYVch
hjg[ZjghcdjhY‚Xdch^YƒgZci|XVjhZYZcdhX]d^m# ®?¼‚iV^higƒhY‚X^Y‚|XZiiZ‚edfjZ#EVgi^gad^cYZX]Zo a¼jc^kZgh@VcV7ZVX]g‚hZgkZfjZafjZh
:c;gVcXZdcgZhiZYZh;gVcXd"7g‚h^a^ZchVjmnZjm hd^!V[V^ik^iZb’g^g?ZkdnV^hXZfj¼VkV^ZciaZh hjgeg^hZhVjhjg[ZgXjg^Zjm#9Zhe]didh
YZXZgiV^chhjg[ZjghZiYZhb‚Y^Vh#HZjahbZhVb^h bZ^aaZjgh:jgde‚ZchZi_ZkdjaV^haVb„bZX]dhZ¯# YZidjhaZhg^YZhYjiZVbhdciY^hedc^WaZh#
b¼ZcXdjgV\ZciZib¼‚XaV^gZcihjgXZfjZb¼VVeedgi‚ GZWg^mbjai^ea^ZaZhk^Xid^gZhhjgaZX^gXj^i[gVcV^h ²cZeVhbVcfjZg!aZjgejWa^X^i‚
aV;gVcXZZifjZ_ZgZcYhVj_djgY¼]j^#¯9ZeVhhV\Z| ej^hZjgde‚ZcVkVciYZeVgkZc^g|Ã\jgZg!Ãc'%%(! eZghdccVa^h‚ZZiW^Zc`^ihX]!|aVhVjXZ@VcV#
IV]^i^edjgjcZ‚iVeZbdcY^VaZ!®GZWg^m¯!X¼Zhihdc eVgb^aZide&%Yjigƒhh‚aZXi^[X^gXj^ifjVa^ÃXVi^[ mmm$WifmehbZjekh$Yec
hjgcdb!hZg‚_dj^iYZaVeg‚hZcXZYZhjg[Zjgh bdcY^Va#6j_djgY¼]j^!hdceVig^bd^cZhZg‚hjbZ AZh^iZYjX^gXj^iegd[Zhh^dccZaYZhjg[#>aZhi
[gVcV^hZiZjgde‚ZchkZcjhh¼ZcigVˆcZghjga¼ˆaZ#>ah |hV'%*#>ac¼VeVhY¼VeeVgiZbZciÃmZZikV‚edjhZg edhh^WaZYZhj^kgZZcY^gZXiaZh‚iVeZh
hZXdccV^hhZciW^Zc!ad\ZciYVchaZb„bZe‚g^bƒigZ# 6aZm^V!Ydci^ah¼Zhi[V^iiVidjZgaZeg‚cdbhjga¼VkVci" bV_ZjgZhVkZXYZaVk^Y‚dZiaZhhXdgZhZc
®8dcigV^gZbZciVjmVjigZh‚iVeZh!XZaVbZeZgbZiYZ WgVh\VjX]Z®?¼V^WZhd^cY¼ZaaZegƒhYZbd^#:aaZkVbZ iZbehg‚Za#IdjhaZhXaVhhZbZcih[‚b^c^ch
bZhZci^gbd^ch^hda‚#?Zc¼Vgg„iZeVhYZaZjgYZbVcYZg hj^kgZhjgaZidjgVegƒhhZh‚ijYZh#8dbbZV! ZibVhXja^chV^ch^fjZYZh^c[dgbVi^dch
h¼^aheZchZcibZgZ_d^cYgZhjgaZidjg#¯FjVcYeajhYZ _¼VjgV^bdcX]Zobd^eVgidji¯#N eg‚X^hZhhjgaZhbZ^aaZjghhjg[Zjgh#HVch
aVbd^i^‚YjX^gXj^ibdcY^VabV_ZjgZhiXdchi^ij‚ 9>H?IJEF>;7BEDIE"³J7>?J? djWa^ZgjcZ\VaZg^ZYZe]didhXdbeaƒiZ#

&,H:EI:B7G:'%%)

PDF généré avec les logiciels Sowedoo


') 6K:CIJG:BJAI>HEDGIH

M"69K:CIJG:G6>9HH:G>:H

6J7DJI9:A¼:
BDC>8696AB6HHD$I=:G6>9

AZhXdcXjggZcihYZhM"6YkZcijgZGV^YhHZg^Zhbjai^ea^ZciVjmfjVigZXd^ch ji^aZedjgg‚h^hiZg|XZhZ[[dgihZmig„bZh#
®DchV^ifj¼dckVXdjg^gYZjm_djgh!Zmea^fjZV^ch^
YjbdcYZaZh‚egZjkZhYZKII!YZXdjghZh|e^ZY!YZgV[i^c\djZcXdgZY¼ZhXVaVYZ# =‚aƒcZGdX]Vh#DccZhZbZiYdcX_VbV^hYVchaZ
gdj\Z#DcYd^ihjgidjieZchZg|hZ\‚gZghjgaVYjg‚Z#¯
9‚XdjkZgiZYZXZX^gXj^iZm^\ZVcie]nh^fjZbZciZiVjhh^bZciVaZbZci# ®JcZ‚egZjkZ!X¼ZhiiZaaZbZciadc\fj¼dcXdccVˆi
[dgX‚bZciYZh]VjihZiYZhWVh¯!gVXdciZhdc
Xd‚fj^e^Zg!GjYn<djn!b^a^iV^gZ!egd[ZhhZjg

’
A¼Z[[dgig‚Va^h‚eZjieVgVˆigZ^chZch‚/ bV\c^ÃfjZheVnhV\ZhbdciV\cZjm!)&‚fj^eZh Y¼ZhXVaVYZ|a¼wXdaZ^ciZgVgb‚ZhYZhhedgih#
ZcX]VˆcZgcZj[‚egZjkZhY¼ZcYjgVcXZ Xdbedh‚ZhYZfjVigZVi]aƒiZh!YdciVjbd^chjcZ
eZcYVciYZjm_djgh!hd^iVjb^c^bjb [ZbbZX¼ZhiaZgƒ\aZbZci!hZhdciV[[gdci‚ZhaZ 6bW^VcXZY‚iZcYjZZiX]VaZjgZjhZ
k^c\i]ZjgZheVhh‚Zh|Xdjg^gYVchaVbdciV\cZ! iZbehY¼jclZZ`"ZcY#AZh‚iVeZhhj^kVciZhdci ®BV^hdcZhieg‚eVg‚h|hdj[[g^g!V_djiZ"i"^a#Dch¼n
[V^gZYjKII!YjgV[i^c\djYjXVcd…#6kZXfjZafjZh ZbbZc‚aZhgV^YZjghVjmwiVih"Jc^h!Zc;gVcXZZi ViiZcYZidca¼VXXZeiZYdcXeajh[VX^aZbZci#¯8]VfjZ
eVjhZhedjgg‚Xje‚gZgZi!h^edhh^WaZ!Ydgb^gjceZj# >iVa^Z!ZiZc6jhigVa^Z#;^ccdkZbWgZ!aZhbZ^aaZjgZh ‚egZjkZhZXdjgi|igd^haZfjVig^ƒbZ‚iVciVj
EdjgiVci!adghfj¼=‚aƒcZGdX]Vh!XVe^iV^cZYZ ‚fj^eZhYZaVhV^hdchZgZigdjkZgdciZc6g\Zci^cZ gZedh#A¼Zheg^iY¼‚fj^eZeZgbZiYZXdbeZchZgaV
a¼‚fj^eZFjZX]jV"aZh6gXh!a¼jcZYZhbZ^aaZjgZh edjgaZ8]Vbe^dccViYjbdcYZYZaVY^hX^ea^cZkd^g [V^WaZhhZeVhhV\ƒgZYZa¼jcYZhZhbZbWgZh#6jigZ
[dgbVi^dch[gVcV^hZh!ZciZgb^cZVkZXhZh ZcXVYg‚#8Zfj^[gVeeZ!X¼ZhiY¼VWdgYaVXdcY^i^dc ed^ci^bedgiVci!a¼ZcX]VˆcZbZciYZhY^hX^ea^cZh‚iVci
eVgiZcV^gZh!ZaaZZhi|eZ^cZZhhdj[ĂZ#Hdjg^VciZ! e]nh^fjZ^cXgdnVWaZYZheVgi^X^eVcih#AVeajeVgidci eaVc^Â!X]VfjZVi]aƒiZVeVg[V^iZbZciXdchX^ZcXZ
ZaaZ[‚a^X^iZhZhVYkZghV^gZhZiZbWgVhhZhZhVb^h ‚i‚hedgi^[hYZ]Vjic^kZVj#=‚aƒcZGdX]Vh!'+Vch! YZhZ[[dgihfj¼^aYZkgVVXXdbea^gZiYZhe]VhZhYZ
kZcjha¼VXXjZ^aa^g#Kdjhc¼„iZheVhX]ZoaZh[djhbV^h VV^ch^[V^ieVgi^ZYZa¼‚fj^eZYZ;gVcXZYZh`^YZ[dcY# gZedhYdci^aW‚c‚ÃX^ZgV#:cigZYZjm‚egZjkZh!aZh
W^ZchjgaVegZb^ƒgZ‚iVeZYZhM"GV^YHZg^Zh! 9¼VjigZhk^ZccZciYjig^Vi]adc!YjKIIdjYZhhedgih eVgi^X^eVcihhZX]Vc\Zci|idjiZk^iZhhZ!VkVaZcijc
Y^heji‚ZYVchaZ=Vji6iaVhbVgdXV^c#9VchXZh YZbdciV\cZ#JcZZme‚g^ZcXZYZaVXdbe‚i^i^dcigƒh eaViYZe}iZhhZgk^YVchjcIjeeZglVgZ!ZihZ[dci

&,H:EI:B7G:'%%)

PDF généré avec les logiciels Sowedoo


'*
A¼‚fj^eZHVadbdcYVch
a¼‚egZjkZYZXVcd…#

8ZhgV^YhhdciVjhh^
a¼dXXVh^dcYZY‚Xdjkg^g
YZheVnhV\ZhZmXZei^dccZah

BDC>8696AB6HHD$I=:G6>9
8>G8J>IM"69K:CIJG:'%%)
&&Vj&($+
wiVih"Jc^h .Vj&&$,
7ZcY"DgZ\dc ;gVcXZ
AZh6gXh"8djgbVnZjg

(Vj*$.
,Vj.$* 6jhigVa^Z
BVgdX @VaWVgg^
=Vji6iaVh

(Vj*$&'
6g\Zci^cZ
EViV\dc^Z

L6<
A:ED>CIHJGA6H6>HDC
6egƒhaZh)XdjghZh aZh‚fj^eZh|hj^kgZ!HVadbdc i‚a‚aZheajhegZhi^\^ZjmHedgih
fjVa^[^XVi^kZhBVgdX!wiVih" Hj^hhZ!fj^VYdb^c‚aVhV^hdc >aajhigViZY!Kd\jZ!®IdIZaai]Z
Jc^h!;gVcXZ">iVa^Z!6jhigVa^Z! g‚\ja^ƒgZ#BV^h‚\VaZbZci Igji]¯hjgC78!®)-]djgh¯
aZhigZciZbZ^aaZjgZh‚fj^eZh eajh^Zjgh[dgbVi^dch hjg87H#7ZVjXdjeYZ
bdcY^VaZhh¼V[[gdciZgdciZc [gVcV^hZh/FjZX]jV"aZh6gXh eg‚iZcYVcih|aVk^Xid^gZ[^cVaZ
6g\Zci^cZhjgjcZ‚egZjkZ Y¼=‚aƒcZGdX]Vh!:gi^eh hZgdciYdcXeg‚hZcihZc
adc\jZYZ,_djgh!Yj HVadbdcYZ?ZVc"NkZhEV^aa^Zg 6g\Zci^cZ#®HjgjcZ‚egZjkZ

:;;DGI
'.cdkZbWgZVj*Y‚XZbWgZ# dj:V[^i#XdbVkZXcdiVbbZci Vjhh^adc\jZ!^aZhikgV^bZci
8ZiiZcdjkZaaZXdbe‚i^i^dc! ;gVcX`HVa\jZhZiHVcYgV Y^[[^X^aZYZY‚h^\cZgjc[Vkdg^
WVei^h‚Z®I]ZGV^Y¯hjXXƒYZ A^bdjo^c#HVchdjWa^Zg! XVgWZVjXdjeY¼Va‚VheZjkZci
VjGV^Y<Vjad^hZh#:aaZ a¼6b‚g^XV^cZGdWnc7Zc^cXVhV! hjgkZc^g!XdbbZjcZ
Y‚XZgcZgVaZi^igZYZX]Vbe^dc hiVgYZaVXdjghZVkZcijgZ! ^cidm^XVi^dcVa^bZciV^gZ!jc
YjbdcYZYZaVY^hX^ea^cZZi! Zc\V\‚ZVkZXhZhXd‚fj^e^Zgh eZi^ibVaV^hZdjjcZh^beaZ
VjeVhhV\Z!*%%%%YdaaVgh c‚d"o‚aVcYV^h#8ZiiZVcX^ZccZ WV^hhZYZ[dgbZ!cjVcXZ
|a¼‚fj^eZ\V\cVciZ#KII! ig^Vi]aƒiZ!fj^[jiadc\iZbeh idjiZ[d^hGjYn<djnFjZX]jV"
XdjghZY¼dg^ZciVi^dc!VhXZch^dc edbe^Zgegd[Zhh^dccZa! aZh"6gXh#BV^hcdjhhdbbZh
\aVX^V^gZ!ZhXVaVYZ!egd\gZhh^dc ZhiZmig„bZbZciXdccjZ YZhXdbe‚i^iZjghZicdjh
a‚\ƒgZbZcibVhhZg#AZh‚fj^eZhW‚c‚ÃX^ZciidjiZh eVgk^ZccZci|Ydgb^ghjgYZhigVcX]ZhigƒhXdjgiZh# hjgXdgYZ!XVcndc^c\!gdaaZgZc VjmwiVih"Jc^h#:aaZV[V^i k^hdchVjbd^chaZedY^jb#¯
Y¼jcZkd^ijgZY¼Vhh^hiVcXZ!XdcYj^iZeVgjcegdX]Z 9¼VjigZh!ZcgZkVcX]Z!cZh¼dXigd^Zcifj¼jcZhZjaZ a^\cZZiXVcd…ZcZVjmk^kZh aVXdjkZgijgZYZh\gVcYh >c[dgbVi^dch/
djjcVb^!fj^igVchedgiZaZjgbVi‚g^ZahjgaZh kgV^Zh^ZhiZeZcYVciaZhYZjm_djghYZXdjghZ# hZgdciVjegd\gVbbZ#EVgb^ bV\Vo^cZhdjYZh‚b^hh^dch lll#i]ZgV^Y#dg\
Y^[[‚gZcihed^cihYjeVgXdjgh#AZhb^Zjmdg\Vc^h‚Zh EdjgiZc^gaZXdjebZciVaZbZci!fjZafjZhVi]aƒiZh
h¼d[[gZcib„bZaZhhZgk^XZhY¼jc`^c‚#H^aVeVjhZ dcigZXdjghVjmhZgk^XZhY¼jcehnX]dad\jZdjY¼jc
h¼Vaadc\ZjceZj!jceZi^iY‚Wg^ZÃc\h¼dg\Vc^hZ# hde]gdad\jZ#BV^h!\adWVaZbZci!X¼ZhiaVY‚Wgdj^aaZ
Dc‚kdfjZVadghaVhigVi‚\^Z|VYdeiZg#BVa\g‚aV fj^a¼ZbedgiZ#IgƒheZjYZeVgi^X^eVcihZmXZei‚
Xdbe‚i^i^dc!aZh‚X]Vc\ZhZcigZVYkZghV^gZhgZhiZci VjmJH6djZcCdjkZaaZ"O‚aVcYZeZjkZcik^kgZ
cdbWgZjmZiXdjgid^h#®CdjhkZcdchegZhfjZidjh YZXZhedgi#EZcYVcia¼Vcc‚Z!egZhfjZidjhYd^kZci
Yjb^a^ZjYZaVbdciV\cZZicdjheVgiV\ZdchaVb„bZ XdcX^a^Zgk^Zegd[Zhh^dccZaaZZiZcigVˆcZbZci#
eVhh^dc!XdcÃgbZ=‚aƒcZGdX]Vh#:cigZ;gVcV^h! Bdc^ig^XZYZh`^YZ[dcY!=‚aƒcZGdX]Vhh¼ZcigVˆcZ
dchZXdccVˆi|eZjegƒhidjhZicdjhegZcdcheaV^h^g| V^ch^VegƒhhV_djgc‚ZYZigVkV^a!Zck^gdcX^cf[d^heVg
cdjhgZigdjkZg#6kZXaZh‚fj^eZh‚igVc\ƒgZh!dcZhhVnZ hZbV^cZ#®9VchcdigZ‚fj^eZ!cdjhVkdchaVX]VcXZ
YZXdbbjc^fjZgbVa\g‚aVWVgg^ƒgZYZaVaVc\jZ# Y¼Vkd^gYZhhedchdghfj^egZccZciZcX]Vg\Zcdh[gV^h
8¼ZhikgV^fjZa¼VbW^VcXZZhieajiiY‚iZcYjZZi YZY‚eaVXZbZci!Zmea^fjZ"i"ZaaZ#A¼Vg\Zci\V\c‚
X]VaZjgZjhZ¯#Edjga¼ZbedgiZg!jcZeg‚eVgVi^dc ZcXdbe‚i^i^dccdjhV^YZ|ÄcVcXZgYZhhiV\Zh
e]nh^fjZedjhh‚ZZijcZXd]‚h^dcdei^bVaZVjhZ^c djYZeVgi^X^eZg|YZh‚egZjkZhhjeea‚bZciV^gZh#
YZa¼‚fj^eZhdcic‚XZhhV^gZh#9ZjmVjigZh[VXiZjgh :c[V^i!XZiiZeVhh^dccdjheZgbZiYZY‚Xdjkg^gYZh
ZcigZci[dgiZbZciZca^\cZYZXdbeiZ/aV\Zhi^dc eVnhV\ZhhdbeijZjmVjmfjVigZXd^chYZaVeaVcƒiZ#
BDC>8696AB6HHD$I=:G6>9

YjhdbbZ^aZiaZbZciVa#²a¼^bV\ZYZhbZ^aaZjgh 8ZaVb‚g^iZW^ZcfjZafjZhhVXg^ÄXZh#¯N
cVk^\ViZjghZchda^iV^gZ!XZgiV^chXdcXjggZcih 87FJ?IJ;8B7D9>;J

:iedjg[^c^gaVXdjghZ|e^ZY°

&,H:EI:B7G:'%%)

PDF généré avec les logiciels Sowedoo


'+ DJI9DDGE6G6E:CI:

FjVcYaZbni]ZYZ
a¼]dbbZ"d^hZVjYZk^Zci
egZhfjZjcZg‚Va^i‚
9>9>:G<>KD>H$;G6C8:9>6H

K>KG:A:G:
&,H:EI:B7G:'%%)

PDF généré avec les logiciels Sowedoo


',

E6H86AIDJGC6>G:$;G6C8:9>6H
EdgiYjXVhfjZdWa^\Vid^gZ!fjZafjZhd^ihdcc^kZVj#AZhY‚WjiVcihhdciidj_djghVXXdbeV\c‚h#

7^ZcZcXVYg‚!aZeVgVeZciZegdXjgZYZhhZchVi^dch
YZa^WZgi‚jc^fjZh#:ceajh!^ah¼VeegZcYk^iZ#6adgh!
edjgfjd^cZeVhh¼ZckdaZg!hVchWgj^i4

’
JceZjY¼VjidhVi^h[VXi^dc/X¼Zhi AZeg^m|eVnZgedjgk^kgZYZiZahbdbZcih4
W^Zc|aV;gVcXZfjZaZbdcYZYd^i AVa‚\ƒgZVeeg‚]Zch^dcYjY‚XdaaV\Z!aZ
aZeVgVeZciZGZidjgZcVgg^ƒgZ/ bdbZci[Vi^Y^fjZd‘kdhe^ZYhhZhdjaƒkZci
&.,-!B^Zjhhn!=VjiZ"HVkd^Z#EVgjcWZVj YZiZggZZid‘aVkd^aZ\dcĂZeVgaZkZcikdjh
_djgYZ_j^c!igd^heVgVX]ji^hiZhVjYVX^Zjm ZbedgiZYVchaZhV^gh#8ZaVY^i!Vj_djgY¼]j^!
dcia¼^Y‚Z[Vg[ZajZY¼ji^a^hZgaZjgeVgVX]jiZ eajhWZhd^cYZhVjiZgYVchaZk^YZYZej^haZ
YZhVjiY¼Vk^dccdceVhedjgViiZgg^g!bV^h WdgYY¼jcZ[VaV^hZ#AZheZg[dgbVcXZhYZh
edjgY‚XdaaZgYZej^hYZheZciZhgV^YZh kd^aZhVXijZaaZheZgbZiiZciYZeVgi^gYZej^h
ZcbdciV\cZ#>ahdciedjgcdb7dhhdc! YZheZciZhidj_djgheajhYdjXZh#DcY‚XdaaZ
7ZiZbehZi7d]cZik^ZccZciY¼ZcigZgYVch b„bZhjgYZhiZggV^chidiVaZbZcieaVih!
a¼=^hid^gZ#HZeiVcheajhiVgY!aZeVgVeZciZ XdbbZYVchaZHjY"DjZhidjZcG‚\^dc
gZ_d^ciaV;‚Y‚gVi^dc[gVcV^hZYZkdaa^WgZ eVg^h^ZccZ!\g}XZ|jc^c\‚c^ZjmhnhiƒbZ
;;KA!fj^VXXjZ^aaZY‚_|aZYZaiVeaVcZ# YZigZj^a#®6XXgdX]‚|jcZcgdjaZjgÄmZdj
|jcZkd^ijgZ!jcX}WaZYZ&%%%bYZadc\i^gZ
9Zjm_djghYZhiV\ZZidckdaZ aZeVgVeZci^hiZ[VXZVjkZciZiaZ[V^ibdciZg
6j_djgY¼]j^!aZha^XZcX^‚hhdciVjcdbWgZ Zca¼V^gXdbbZdc[V^ibdciZgjcXZg["kdaVci!
YZ'+%%%!iVcY^hfjZaZhegVi^fjVcih Zmea^fjZ7gjcd;Zggn!eg‚h^YZciYjXajW
dXXVh^dccZahVkd^h^cZciaZh&%%%%%!g‚eVgi^h AZhE^V[h!|K^aaZWdc"hjg"NkZiiZ:hhdccZ#
ZcigZ&.%‚XdaZhZi+%%XajWh# ²+%%bYZ]Vji!aZeVgVeZci^hiZY‚XgdX]Z
AVgV^hdcY¼jciZaZc\djZbZci4®H’gZbZci a¼Zmig‚b^i‚YjX}WaZ!fj^gZidbWZVjhda!
aZ[V^ifjZa¼VXXƒh|a¼VXi^k^i‚ZhiZmig„bZbZci Vbdgi^eVgjceZi^ieVgVX]jiZ#¯
[VX^aZ!Zhi^bZ?ZVc"B^X]ZaEVndi!eg‚h^YZci
YZaV;;KA#8dcigV^gZbZciVjYZaiVeaVcZ! H^bea^X^i‚Yje^adiV\Z
a¼VeegZci^hhV\ZZhiigƒhgVe^YZ/ZcYZjm_djgh JcZ[d^hZca¼V^g!aVh^bea^X^i‚Yje^adiV\Z
YZhiV\Z!dckdaZhZja¯BV^haVkgV^ZgV^hdcV aV^hhZidjiZhVeaVXZVjeaV^h^g#²bV^cYgd^iZ!
YVkVciV\Z|kd^gVkZXaVbV\^ZZiaZg„kZ/ jcZXdbbVcYZfjZa¼dci^gZedjgk^gZg
®6jXjcVjigZhedgiV‚g^ZccZhZgVeegdX]Z |Ygd^iZ#>YZb|\VjX]Z#:iX¼ZhiidjiDj
VjiVciYjg„kZYZa¼]dbbZ"d^hZVj¯!V[ÃgbZ egZhfjZ°8VgVegƒhVkd^g‚egdjk‚aV_d^Z
ZcXdgZ?ZVc"B^X]ZaEVndi#EajiiVkVgZ Y¼„igZh^beaZbZcihjheZcYjYVchaZX^Za!
YZeVgdaZh!?ja^Zc7jgcdYZhi^ciVg^hhVWaZ VkZXedjghZjaWgj^iXZaj^YjkZciYVchaZh
adghfj¼^ah¼V\^iYZeVgaZgYZhVeVhh^dc# dgZ^aaZh!a¼Zck^Zk^ZcicVijgZaaZbZciYZ
®Jc_djg!ZceaZ^cX^Za!_¼V^kjjckdaYZXVcVgYh X]ZgX]Zg|egdadc\ZgaZkda#EdjgXZaV!
eVhhZg_jhiZhdjhbZhe^ZYh#?¼V^Zja¼^aajh^dc jcZhZjaZhdaji^dc/^a[VjibdciZg9Zjm
fjZ_ZbZgVeegdX]V^hjceZjY¼Zjm°¯ iZX]c^fjZhaZeZgbZiiZci#AZkdaYZeZciZ ’

:K:9Ÿ>86G: &,H:EI:B7G:'%%)

PDF généré avec les logiciels Sowedoo


'- DJI9DDGE6G6E:CI:

JcZVXi^k^i‚fj^hZ
;#BDJH>H$;G6C8:9>6H

egVi^fjZVjhh^W^ZcVjWdgY
YZaVbZgfjZceaV^cZdj
ZcbdciV\cZ#

’ djhdVg^c\Xdch^hiZ|egdÃiZgY¼jcbdjkZbZci
YZa¼V^gfj^bdciZaZadc\Y¼jcgZa^Z[VhXZcYVcXZ
YncVb^fjZ#EdjgjckdaZckZcii]Zgb^fjZ!dc
X]ZgX]Zeajidi|hZedh^i^dccZgYVchjcZXdadccZ
EG6I>FJ:G
Y¼V^gX]VjY0|aVbVc^ƒgZY¼jcgVeVXZ!dcbdciZZc w8DA:H:I8AJ7H .!fjV^;^c`k^aaZg! dj%++&)'%-+) I‚a#/%+&)&*(',( G‚\^dchYZCVciZh
he^gVaVciedjggZhiZg|a¼^ci‚g^ZjgYZaVXdadccZY¼V^g# G‚\^dceVg^h^ZccZ +,%%%HigVhWdjg\# lll#VhXZcYVcXZ%+#Xdb lll#l^cdkZg#[g# ZiYZGZccZh
wXdaZ/B?87dWnAVed^ciZ! I‚a#/%(--'*&'''# 8ajW/6^aZhYZaV8iZ! 8ajW/IZhiZEnaVKdaa^WgZ! wXdaZ/wXdaZ8Zai^XKdaa^WgZ!
:ibV^ciZcVci!aVkdai^\Z -!gjZYZhBVgVˆX]Zgh! )!gjZaaZYZaV7djX]Zg^Z! &)W^h!VkZcjZYZ 7gZj\cdj!'.**%EadbdY^Zgc#
GZhiZ|ViiZgg^g#AVe]VhZZhiY‚a^XViZZiaV .&&)%K^aaZWdc"hjg"NkZiiZ# G‚\^dcYZAndc %+(%%C^XZ# aV7ZaaZ"wid^aZ! I‚a#/%'.--&*%',
XdcXZcigVi^dcYd^i„igZbVm^bVaZ°hdjheZ^cZYZ I‚a#/%&+%&%*.(, wXdaZ/E‚\VhZEVgi^XjaZ I‚a#/%).(-%+''- ((',%7dj^aaVX# dj%+-%('),()#lll#^[gVcXZ#
bVjkV^hZhhjgeg^hZh®JcYZbZhVb^hh¼Zhiedh‚ dj%+-+'%).(' 6aaZkVgY!&&!gdjiZYZ I‚a#/%**+'%*.)) Xdb$kda"a^WgZ"bZcZo"]db
VjhdbbZiY¼jchVe^cYZ(%bYZ]Vji!^aV[Vaaj <gZcdWaZ!(-*-%6aaZkVgY# G‚\^dcYZBdcieZaa^Zg
aZg‚Xje‚gZgVkZXjc]‚a^Xd¯hZhdjk^Zci?ja^Zc G‚\^dcYZa^aaZ I‚a#/%),+)*%,,. wXdaZ/:ckdaCVijgZ!bVhYZ
7jgcdY#9¼jcZbVc^ƒgZ\‚c‚gVaZ!^ah¼V\^iYZhZ wXdaZ/7VhZjaigV"a‚\ƒgZ dj%+-'.-,'%& 7gjnƒgZh!()&.%Bdcidja^Zj# EGw86JI>DCHJI>A:H
gZigdjkZg[VXZVjkZciZiY¼VggdcY^ghVigV_ZXid^gZ| YZaVkVaa‚ZYZaVAVlZ! 8ajW/AZhE^ZYhIZcYgZh! I‚a#/%)+,,((+.+ 6kVciaZkda :cbdciV\cZ!hZb‚[^ZgYZ
&bYjhda!VjiZgbZY¼jcZbVc¶jkgZY¼VeegdX]Z# gjZYZa¼:jgdeZ!+'&', 7ViV^aaZ!,((.%BdciZcYgn# dj%+&&*,%'%(# K‚g^[^ZgaVb‚i‚d#8dcigaZg aZ[[ZiYZ[¶]c!YZaVWg^hZYZ
²cdiZgfjZYZhiZX]c^fjZhYZYZhXZciZgVe^YZ BV\c^Xdjgi"Zc"8dbiZ# I‚a#/%),.(+.)-) lll#Zckda"cVijgZ#Xdb aZhY^[[‚gZcihed^cihY¼ViiVX]Z kVaa‚Z###CZ_VbV^hidjgcZgXi‚
Zm^hiZci0ZaaZhh¼VeeVgZciZci|YZaVkdai^\ZZi I‚a#/%('&)&',** 8ajW/8VWg^6^g!gdjiZYZaV YZa¼V^aZVje^adiZ#IZhiZgaV gZa^Z[!idj_djghVkd^gaZYdhVj
gZhiZcig‚hZgk‚Zh|YZheVgVeZci^hiZhXdcÃgb‚h# %+-&%'.&() G‚\^dcYZBVghZ^aaZ 7d^hh^ƒgZ!()(-%6g\Zaa^Zgh# a^V^hdcgVY^d#CZ_VbV^h gZa^Z[#:cWdgYYZbZg!k‚g^[^Zg
Igƒh^begZhh^dccVciZ!aVkdai^\ZV‚bZg\‚|aVÃc lll#WVhZja#Xdb wXdaZ/AVX]ZchKdaa^WgZ! I‚a#/%)+,***-(( kdaZghVchXVhfjZ# fjZaZh^iZY¼ViiZgg^hhV\Zc¼Zhi
YZhVcc‚Zh.%#7^ZcfjZbVg\^cVaZ!ZaaZZhiZcigV^c 8ajW/<d6^aZh8ajW BV^hdcYjKdaa^WgZ! 6jY‚XdaaV\Z eVhgZXdjkZgieVgaVbVg‚Z
Y¼^cÄjZcXZgaV[dgbVi^dcXaVhh^fjZ#®HVchkdjad^g YZEVgVeZciZ!BV^g^Z FjVgi^ZgEaVg^dc!-(-)% G‚\^dcYZIdjadjhZ 7^Zck‚g^[^ZgfjZa¼V^aZZhi bdciVciZ#
YZAddh"Zc"<d]ZaaZ! AVGdfjZ":hXaVedc# wXdaZ/Hjg[¼V^gEng‚c‚Zh!
[V^gZjckdai^\ZjgYZidjiegVi^fjVci!aZhbdc^iZjgh XdggZXiZbZci\dc[a‚Z# ²a¼ViiZgg^hhV\Z
+',*%Addh"Zc"<d]ZaaZ# I‚a#/%).),+-(() gdjiZYZEaVcfjZ!(&&+%
^ch^hiZcibV^ciZcVciYVkVciV\ZhjgaViZX]c^fjZYj :ckda 6iiZci^dcVjm[^ahZiX}WaZh
I‚a#/%('&)(+&)' lll#aVX]Zchkdaa^WgZ#[[ka#[g 6gWVh#I‚a#/%*+&.%&.'+
e^adiV\Z!Zmea^fjZ?ZVc"B^X]ZaEVndi!ZcZchZ^\cVci Eg^dg^i‚|XZaj^fj^ZhiZc ‚aZXig^fjZh#9¼jcZbVc^ƒgZ
dj%++-,*(.-- 8ajW/6^aZhYjAdje!'%! dj%+&(%.-&%,#
cdiVbbZci|Vci^X^eZgaZh‚k‚cZbZcih#¯ WVh0fj^k^ZciYZaVYgd^iZ0 \‚c‚gVaZ!gZXdccVˆigZaZh^iZ
VkZcjZYZhE^ch!-('%% 8ajW/IXbhKdaa^WgZ!
GVhhjgZo"kdjh/cjaWZhd^cYZkdai^\ZgedjghZ[V^gZ fj^VaZgZa^Z[|hVYgd^iZ#JcZ Y¼ViiZgg^hhV\ZVkVciaZkda#
G‚\^dcYZHigVhWdjg\ Idjadc#I‚a#/%+&%%&&-'( ),!X]Zb^c;adj"Yj"G^djh!
eaV^h^g#:iX¼ZhijcWdc]Zjgfj^YjgZ/®AZkdaZhi
(&)%%IdjadjhZ# bdci\da[^ƒgZVeg^dg^i‚hjgjc 7^ZcVci^X^eZgaVigV_ZXid^gZ
wXdaZ/<gVcYKda!
^ciZchZ!bV^haZhhdjkZc^ghhdciegZhfjZeajh[dgih G‚\^dcYZC^XZ I‚a#/%*+'&,&'&, eVgVeZciZ!fj^Veg^dg^i‚hjg YZa¼V^aZedjgcZeVhhZedhZg
)!eaVXZYZa¼w\a^hZ!
ZcXdgZ!gVXdciZ?ja^Zc7jgcdY#?ZbZhjgegZcYh
+,''%7gZ^iZcWVX]# wXdaZ/6hXZcYVcXZ8iZ" jcZc\^c|bdiZjg#Hjgjch^iZ igdeadc\djigdeXdjgi#
hdjkZci|gZeZchZg|bdckdaYVchaZh_djghfj^ I‚a#/%(--*,&&)' Y¼6ojg!6jWZg\ZYZ<djgYdc! G‚\^dcYZ7dgYZVjm [g‚fjZci‚!ViiZci^dc|cZeVh CZeVhVgg^kZgZchdjh"k^iZhhZ
hj^kZci#¯Dj^!aZeVgVeZciZXg‚ZjcZY‚eZcYVcXZ° lll#\gVcYkda#Xdb %++'%<djgYdc# wXdaZ/L^cdkZg!((.!gjZYZh Zbb„aZghdcV^aZVkZXXZaaZ g^hfjZYZY‚XgdX]V\Z!c^
bV^hXZaaZ"a|cZkdjh[ZgVfjZYjW^ZcN 8ajW/6^g6^aZDkZgYdhZ! I‚a#/%).(%.))%. 7gjnƒgZh!)%+%%7^hXVgdhhZ# Y¼jcVjigZeVgVeZci^hiZ# igdek^iZg^hfjZY¼ZcidghZ#
9OH?B7PEKL?

&,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


(% KDN6<:GH6>CI"IGDE:O

A¼ÊB:8DGH6>G:

H6>CI"IGDE:O
AJ87DJIG>6$C>8:B6I>C$B6MEEE

9j(Vj.dXidWgZ!aZedgih‚aZXiYjKVgVXXjZ^aaZaVh^m^ƒbZ
>C;DHEG6I>FJ:H
‚Y^i^dcYZhKd^aZhZm"C^djaVg\jZ#8¼Zhia¼dXXVh^dcg„k‚Z
A:HKD>A:H VkZX6^g;gVcXZ! ²A¼DB7G:
Y¼VYb^gZgYZ[g^c\VcihXdjgh^ZghYZhbZgh# ²Y‚[VjiYZaZhbZiigZ! lll#V^g[gVcXZ#[g# 9JB6G8=w
dcaZhVYb^gZYVchaVgVYZ 9VchaZhYZjmXVh!YZhcVkZiiZh AZcdb‚kdfjZaVh^bea^X^i‚
YZHV^ci"IgdeZoYj(Vj eZgbZiiZciYZgZ_d^cYgZHV^ci" Y¼jcW^higdi!ad^cYZhhigVhh

’
DXidWgZ!X¼ZhiaZbd^hd‘HV^ci"IgdeZo jaigVbdYZgcZh!kdjh^begZhh^dccZgdciVhhjg‚bZci# .dXidWgZ#EdjgidjihVkd^g IgdeZo#AZhkd^ijgZhYZadXVi^dc ZiYZheV^aaZiiZh#:ia¼dcZhi
gZegZcYhZhVaajgZhYZWdjg\VYZ BV^hh^kdjhkdjaZog„kZg!idjgcZo"kdjhkZghY¼VjigZh hjgaZegd\gVbbZ/ hdcihdjkZcieg^hZhY¼VhhVji Y¼VjiVcieajhV\g‚VWaZbZci
egdkZcVaZ/aZhXdjgheaVci‚ZhY¼Vadƒh! i^iVch!XZjm"a|c‚h^anVjcZ°XZciV^cZhY¼Vcc‚Zh# lll#Vgi"XdcXZei#cZi |a¼V‚gdedgi# hjgeg^hYZhiVg^[higƒh]dcc„iZh
aVeaVXZYZhA^XZhZihVe‚iVcfjZ!aZX]Zb^c 8ZhnVX]ih!fj^[dcig^bZgXaVhh^fjZVkZXZhi]‚i^fjZ! EdjgaZhY‚iV^ah!c¼]‚h^iZoeVh "XdbeiZo&-æedjgaZeaViZi
YZaV[dgiZgZhhZd‘aZheVdchhZegdbƒcZci |a¼^bV\ZYZBZggnbV^YZihdcedciZcWd^hYZ(%b! |XdciVXiZgaVhdX^‚i‚cVji^fjZ! B6C<:G aZYZhhZgiYj_djgVXXdbeV\c‚h
ZcidjiZa^WZgi‚°8ZeZi^iedgi!fj^^che^gV kdjh[ZgdcigZbdciZgaZiZbeh!g^Zcfj¼Zckdjh I‚a#/%).).,%-,+ AZY‚cdb^cViZjgXdbbjc° Y¼jckZggZYZk^c"!adghfj¼dc
YZhY^oV^cZhYZid^aZh|VYb^gZgVjbjh‚Z egdbZcVciaZadc\YZhfjV^h#H^kdjheg‚[‚gZo AZbZ^aaZjgbdnZcYZXgd^hZg 8¼ZhiaZeg‚cdb#>X^!aZ<gVcY hV^ifjZX¼Zhi8]g^hide]ZAZgdn!
YZa¼6ccdcX^VYZ!kdjh^ck^iZeajhVjmÄ}cZg^Zh aVeaV\Z!c¼djWa^ZoeVhfjZXZaaZYZBV\jZadccZ! aZh‚fj^eV\Zh!X¼Zhi ?dhZe]!gZhiVj_Zi"hZiaZhd^g! fj^h^\cZYZaVed^ciZYZhV
fj¼Vjmk^h^iZhbdcjbZciVaZh#6kZXaZjgh[VVYZh fj^aVcVaVbdYZYjbdcd`^c^‚iV^i!VjMZh^ƒXaZ cVijgZaaZbZciVjk^aaV\Z! egdedhZjcWgjcX]|&-æ/ heVijaZ!jcZXVgiZXaVhh^fjZ
gdj\ZZidXgZ!aZhfjV^h‚iV^ZcijcZid^aZYZ[dcY jcedgiYZ\jZggZbjhjabVc#8¼‚iV^iVjiZbeh fj^XVbeZhdccdjkZVjadd` Wj[[Zi|kdadci‚VkZXjcZ bV^hkVg^‚Z#
idjiZigdjk‚Zedjg[V^gZY‚ÃaZgaZheajhWZVjm YZhXdghV^gZhhVggVh^chYZ?^WVaVa"F^aVa!cdbVgVWZ hjga¼ZheaVcVYZ!YZgg^ƒgZaV k^c\iV^cZY¼Zcig‚Zh! AViVWaZYjbVgX]‚!(-!gjZ
kd^a^ZghYjbdcYZ#8Vg!djigZhZhcj^ihWaVcX]Zh YjW^Zccdbb‚bVhh^[YZhBVjgZh#KdjhedjkZo XVe^iV^cZg^Z# jceaViX]VjYk^VcYZ <Zdg\Zh"8aZbZcXZVj!
VjeVg[jbYZiZX]cdX]^X!XZedgiVjcÃZgeVhh‚ igVfjZgaZjgh[VcibZhYVchaZh®k^aaV\ZheZgX]‚h¯ djed^hhdc!ZijcYZhhZgi# I‚a#/%).).,-*'%
bVg^i^bZ#®AZhKd^aZh¯hdcia|edjgaZgVeeZaZg# YZGVbVijZaaZ!<g^bVjYdjAV<VgYZ";gZ^cZi# N6AA:G FjVciVjEZi^i?dhZe]!
H^kdjhV^bZoaZhWZVjmkd^a^Zghdjidjih^beaZbZci H^kdjhX]ZgX]ZoaVeajhWZaaZkjZhjgHV^ci"IgdeZo! 6aaZohjgaZh^iZYZa¼d[[^XZ ^aY‚edhZYVchkdigZVhh^ZiiZ 7D>G:JCK:GG:
aZ\gVcYheZXiVXaZ!VeeVgZ^aaZoedjgHV^ci"Igde# hVchegZcYgZaVkd^ijgZ!\g^beZo_jhfj¼|hV Yjidjg^hbZYZHV^ci"IgdeZo! jcZXj^h^cZVjhh^dg^\^cVaZ EVhh‚gZXdbedh‚
ej^hhVciZ[dgiZgZhhZ!ZihVXg^VgYZ\Vgc^hdcYZ lll#di"hV^ci"igdeZo#Xdb VkZXhZhVXXZcihVh^Vi^fjZh 8dbbZhdccdbedjggV^iaZ
Jckd^a^Zgadc\XdbbZjcedgiZ"Vk^dch XdgbdgVch#6adgh!fjVcYkdjh^gZokdjhgV[gVˆX]^g H^cdcZcigV^c!^a[VjiX^cf fj¼dc‚gZjhZ+%æ!k^cXdbeg^h# hj\\‚gZg!XZaV[V^iYZhajhigZh
FjZafjZ'%%WViZVjmhdciViiZcYjhZiXdchi^ijZgdci hjgaZedgi!aZkZoaVi„iZZikdigZkZggZZcY^gZXi^dc ]ZjgZhZi+%æb^c^bjbedjg <gVcY?dhZe]!&!eaVXZ fj¼dchZYdccZgZcYZo"kdjh^X^/
aVeajhWZaaZÄdiiZYZaVB‚Y^iZggVc‚Z#AZhbVX]^cZh YZaVhiVijZYjk^ZjmHj[[gZc#IZggZjgYZh6c\aV^h jcVaaZgh^beaZEVg^h<VgZYZ YZa¼=iZaYZK^aaZ! edjgaZXV[‚YjbVi^c&!(%æ!
bdYZgcZh!XdbbZaZBVg^Z"8]V!adc\YZ)'b VjiZbehYZhWg^X`hZiYZh\d‚aZiiZh!^a]VW^iV^iaV Andc"HV^ci"GVe]V…a# I‚a#/%).).,%&++# a¼Ve‚g^i^[YjY‚WjiYZhd^g‚Z
ZigZXdgYbVcYZaVigVkZgh‚ZYZa¼6iaVci^fjZZc gdhZYZbZjgZkd^h^cZ#N EVgVk^dc!dcigdjkZjcEVg^h" EZi^i?dhZe]!+!gjZH^W^aZ! )æaV[a’iZYZX]VbeV\cZ
bdcdXdfjZdjaZh^cXgdnVWaZhLVaan!\‚Vcih :EC?D?GK;:;B7JEKH Idjadc6$G|eVgi^gYZ&.*æ I‚a#/%).).,%(.% bV^hVjhh^edjgaViZggVhhZ

&,H:EI:B7G:'%%)

PDF généré avec les logiciels Sowedoo


(&
CZfj^iiZoeVhHV^ci"IgdeZo
hVch\d’iZgaZX‚aƒWgZ
cdj\ViYZH‚cZfj^Zg°

B686JAI$H>E6

°ZiaZajmZ!
aZXVabZZiaV
kdajei‚YZa¼]iZa
K^aaVBVg^Z#
8=B

fj^[V^i[VXZVjm_djZjghYZ b^h°ZieajiiVg\Zci‚/'(æ 8djeYZ[da^Z


e‚iVcfjZ#DcnbVc\ZVjhh^! aZXdX`iV^aZi_jhfj¼|)*%æ K^aaVBVg^ZdjkgZhZh\‚c‚gZjm
jcZWdccZXj^h^cZegdkZcVaZ! aVWdjiZ^aaZYZX]Vbe# kdajbZh|'`bYZHV^ci"Igde#
XdbbZXZiiZhdjeZYZed^hhdch DjkZgi_jhfj¼|*]YjbVi^c# 8ZiiZYZbZjgZedh‚ZVjb^a^Zj
VkZXhVgdj^aaZ#AZegZb^ZgbZcj K>EGddb!g‚h^YZcXZ YZ(%%%VgWgZh!XdbeiZ
Zhi|')æ#Dc_ZiiZgVjc¶^a YjCdjkZVjEdgi! (.X]VbWgZhZi)hj^iZh
|a¼VcX^ZcXdbeid^g!fj^hZgi I‚a#/%).).,&),% VkZXX]VXjcZhVY‚Xd#
YZk^ig^cZ!VkVciYZ[V^gZhdje^gZg Eg^cXZYZaVcj^i Jced^ciXdbbjc!
aZXj^gYZh[VjiZj^ahXajW# 8ZhXVkZh"a|dciidjiYj aVWV^\cd^gZVjb^a^Zj
DjkZgiYZ,](%|(]YjbVi^c# [^gbVbZci/]dghhV^hdc! YZaVX]VbWgZ²eVgi^gYZ(.*æ
AZ8V[‚!eaVXZYZhA^XZh! aZXajWbni]^fjZYZHV^ci"Igde aVX]VbWgZYdjWaZ!hVch
I‚a#/%).).,))+. ZhiVXXZhh^WaZ|idjhbV^h! aZeZi^i"Y‚_ZjcZg#
a|Vjhh^!b^ZjmkVjiV[[^X]Zg K^aaVBVg^Z!gdjiZYZhEaV\Zh!
7DJ<:G jcZiZcjZigƒhXdggZXiZedjg X]Zb^cKVa"G^Vc!GVbVijZaaZ!
9jWZVja^c\Z „igZVYb^hVjh‚gV^a# I‚a#/%).).,)%''
DcYd^iXZa^Zj|?ZVcGdX]!aZ AZh8VkZhYjGdn! :ceaZ^cHV^ci"Igde
iV^aaZjghjgbZhjgZYZhhd^g‚Zh VkZcjZEVja"H^\cVX! 6je^ZYYZh_VgY^chYZaV
]jee‚Zh#EVh‚idccVcifjZaZh I‚a#/%).).,&+%' X^iVYZaaZ!YVchaZXVabZYZh
®e^edaZh¯YZeVhhV\ZV^bZci| gjZaaZhigde‚o^ZccZh|fjZafjZh
h¼ngZigdjkZg"YVchaZXVgg‚kZgn H:AD<:G Zc_VbW‚ZhYjXZcigZk^aaZ!
K>E9jWaVcXk^g\^cVa!YZhiVWaZh ;Vji"^aaZeg‚X^hZg4HV^ci"Igde XZeZi^i]iZakdjhh‚Yj^gV
gdcYZh!jcXdbeid^gfj^c¼Zc[^c^i c¼ZhieVh[gVcX]ZbZciaVk^aaZ eVghdcXdc[dgibdYZgcZZihdc
eVh!eVheajhfjZaVe^hiZYZ YZheZi^iheg^medjgaZ gZhiVjgVciegdkZcXVa#8]VbWgZ
YVchZ/aZY‚XdgZhieaVci‚# ad\ZbZci#AVk^ZYZhiVg YdjWaZ|eVgi^gYZ,%Á#
AV]djhZZhig‚eji‚ZaVbZ^aaZjgZ VjcXd’i!bV^hVjY^VWaZ =iZaAZ7Vgdc!'(!gjZYZa¼6‰da^
Zck^aaZ#AZe]nh^dcdb^hiZ‚iVci a¼VkVg^XZ!jcZ[d^hc¼ZhieVh I‚a#/%).).,%+*,
iVi^aadc!b^ZjmkVji„igZW^Zc XdjijbZ lll#]diZa"aZ"WVgdc#Xdb

&,H:EI:B7G:'%%)

PDF généré avec les logiciels Sowedoo


(' 7>:C"ËIG:AJB>ÎG:

8¼ZhiXdbbZV/aZh_djghWV^hhZciYVcha¼]‚b^he]ƒgZCdgYZicdjh
VaadchZcigZg®YVchaVcj^i¯edjgfjZafjZhbd^h#EgdWaƒbZ/XZiiZ
eVgZci]ƒhZhVchhdaZ^a!djegZhfjZ!egdkdfjZYZb^c^"Y‚egZhh^dch#
8dbbZciVci^X^eZg!edjg‚k^iZgYZkd^gkgV^bZciidjiZccd^g4

?+
IGJ8HEDJGAJII:G8

A:7AJ:H
9:A¼6JID
> *
G:EwG:OA:HHNBEIÔB:H DEI:OEDJGA6AJB>ÎG:6GI>;>8>:AA:
8]VfjZVcc‚Z!ZcVjidbcZZiZc]^kZg!kdjhkd^a||eaVi!aZbdgVaVj AVb‚i‚dVccdcXZfj¼jcZZhXVYgZYZcjV\Zhg^hfjZYZkdjhWdjX]Zga¼]dg^odc
(+ZYZhhdjh!hVchZck^Zc^idcjhe]nh^fjZ#:cjcbdi/Y‚eg^b‚#®* YZh_djghYjgVci4EVaa^ZoaZbVcfjZYZajb^ƒgZcVijgZaaZZc^ckZhi^hhVciYVch
YZaVedejaVi^dcZhik^Xi^bZY¼jcZY‚egZhh^dca^‚Z|a¼Vgg^k‚ZYZaVhV^hdc jcZaVbeZVgi^[^X^ZaaZhinaZ7g^\]iA^\]i=;((%*YZE]^a^eh!Zck#(%%æ#®8Zh
[gd^YZ!VhhjgZaZYdXiZjgHZg\ZGV[Va!ViiVX]‚|a¼]e^iVaIZcdc!|EVg^h! aVbeZhh^bjaZcia¼Zmedh^i^dcVjhdaZ^ajcbVi^cXaV^gYZeg^ciZbeh¯!Zmea^fjZ
ZiVjiZjgYZ=VaiZVjmVci^Y‚egZhhZjgh‚Y#BVgVWdji#¯ aZYdXiZjgGV[Va#AVWdccZYdhZYZajb^ƒgZWaVcX]ZXdcigZaZh^Y‚Zhcd^gZh/
jcZYZb^"]ZjgZeVg_djg!YZeg‚[‚gZcXZZcY‚WjiYZ_djgc‚Z#

'
C:KDJHA6>HH:OE6H676IIG:

+
®A¼]nedi]ƒhZc•&Zmea^fjVciXZiiZY‚eg^bZi^ZcYgV^i|aVY^b^cji^dcYZ 8DCK:GI>HH:O"KDJH6JB>AA:E:GIJ>H
a¼^ciZch^i‚ZiYZaVYjg‚ZYZaVajb^ƒgZhdaV^gZfj^!eZcYVciaZhbVjkV^h 8dccjZYZadc\jZYViZedjghZhegdeg^‚i‚hVci^YdjaZjg!XZiiZeaVciZ
bd^h!Y‚gƒ\aZgV^icdh]dgad\Zh^ciZgcZhZcgVaZci^hhVcicdiVbbZciaV Xdchi^ijZVjhh^jcgZbVgfjVWaZVci^Y‚egZhhZjg#AZbjhi!hZadc
egdYjXi^dcYZb‚aVidc^cZ!jcZYZh]dgbdcZhX]Vg\‚ZhY¼dgX]ZhigZgcdh aZhe]nidi]‚gVeZjiZh/jcXdX`iV^aVhhdX^VciXZiiZ®]ZgWZYZ
gni]bZhW^dad\^fjZh¯!eg‚X^hZaZYdXiZjgGV[Va#AZY^V\cdhi^X‚iVciedh‚! HV^ci"?ZVc¯kZcYjZZce]VgbVX^Zhdjh[dgbZYZ\gVcjaZh!
h¼VgbZgYZeVi^ZcXZZcViiZcYVciaZhWZVjm_djghc¼ZhieVhhj[[^hVci# YZ\‚ajaZhdjYZXdbeg^b‚h|Y¼VjigZheaVciZh®XVabVciZh¯
Vc\‚a^fjZ!VjW‚e^cZ!kVa‚g^VcZ!i^aaZja°#

(
G6C<:OKDHIG6CFJ>AA>H6CIH

,
HVj[Y‚egZhh^dcXVgVW^c‚ZZm^\ZVcijchj^k^ehnX]^Vig^fjZZiaZ 8>7A:OA:HDA><D"wAwB:CIH
Y‚ead^ZbZciYZa¼Vgi^aaZg^ZadjgYZ!djWa^ZoaZhVci^Y‚egZhhZjghedjg ²eg^k^a‚\^Zg!eVgb^aVea‚i]dgZYZXVcY^YVihZca^XZ/aZa^i]^jb!
hd^\cZgXZheaZZc#9¼VjigZhhdaji^dch!cZiiZbZcieajh®YdjXZh¯ fj^g‚‚fj^a^WgZa¼]jbZjg!ZiaZbV\c‚h^jb!fj^V\^iXdbbZcZjgdh‚YVi^[#
hVchZ[[ZihhZXdcYV^gZh^cY‚h^gVWaZhdci[V^iaZjghegZjkZhZi D‘eZji"dcaZhigdjkZgV^aaZjghfj¼Zce]VgbVX^Z49VchaZh¶j[h!aZhX‚g‚VaZh!
h¼VkƒgZciaVg\ZbZcihj[[^hVciZhedjggZigdjkZgWdccZ]jbZjgZiejcX]# aZha‚\jbZhkZgih!aZed^hhdc°

) -
¹8DBBJC>:Oº6K:8A:HDA:>A HJGK:>AA:OKDHB:CJH
9ƒhfjZa¼VhigZYj_djgYV^\cZhZbdcigZg!d[[gZo|kdigZXdgehV[[Vb‚YZ ®A¼Va^bZciVi^dchZbWaZVkd^gjcZ[[ZiY^gZXihjgaZ[dcXi^dccZbZciYj
ajb^ƒgZjcZWdccZgVhVYZYZgVndch‚cZg\^hVcihVhh^hhjgkdigZWVaXdc! XZgkZVjZi^c[a‚X]^gaZXdjghYZcdh]jbZjgh¯!^ch^hiZaZYdXiZjgGV[Va#
B>8=:AE>G6$A:GwEJ7A>86>CADGG6>C$B6MEEE

VjXVabZ!djbVgX]Zojc\gdhfjVgiY¼]ZjgZYVchkdigZ_VgY^c#Eajh :iYZa^hiZgaZh^c\g‚Y^ZcihVci^Y‚eg^bZYZkVci[^\jgZgYVchidjiWdcbZcj
\‚c‚gVaZbZci!egd[^iZoYZaVbd^cYgZZbWZaa^ZedjgbZiigZaZcZoYZ]dgh! VjidbcVa/idbViZh!VkdXVih!WgdXda^h!VjWZg\^cZh!X]djXgdjiZ!cd^m!
V[^cYZYdeZgaVegdYjXi^dcYZb‚aVidc^cZ# GdfjZ[dgi!VcVcVh!WVcVcZh!eVbeaZbdjhhZh#

&,H:EI:B7G:'%%)

PDF généré avec les logiciels Sowedoo


((

8DCIG: 
H
DBC:
. >(
E>HI:OA:HDBw<6"( DH:OA¼=NECDH:
®Adghfj¼jcZY‚egZhh^dcegZcYgVX^cZ!dcXdchiViZjcY‚[^X^ieVgi^Xja^Zg DjWa^ZoaZh}cZg^Zhfj^XdaaZciZcXdgZVjmWVhfjZhYZXZiiZY^hX^ea^cZ!
YZXZgiV^chVX^YZh\gVhhe‚X^[^fjZh!ZceVgi^Xja^ZgaZhdb‚\V"(!fj^ idjihVj[YVc\ZgZjhZ®9Vchjc‚iViYZYZb^"hdbbZ^a!aZhj_Zi!fj^eZji
VhhjgZcijcWdc[dcXi^dccZbZciYZhcZjgdigVchbZiiZjghaZhbZhhV\Zgh |idjibdbZci^ciZggdbegZaVh‚VcXZ!ZhiVbZc‚|hZXdcXZcigZghjgYZh
X]^b^fjZhZcigZaZXZgkZVjZiaZhXZaajaZh¯!eg‚k^ZciaZYdXiZjgGV[Va# hdjkZc^ghV\g‚VWaZhhinaZjcWV^cYZhdaZ^ahjgjcZeaV\ZYZg„kZeZcYVci
=^hid^gZYZXdabViZgXZiiZ[j^iZ![V^iZhaZ[dgX^c\hjgaZh[gj^ih!aZh hZhkVXVcXZh!Zmea^fjZaZYdXiZjgEVig^X`7ZaaZi!eg‚h^YZci"[dcYViZjgYZ
a‚\jbZh!aZhcd^m!a¼]j^aZYZXdaoV!aZhed^hhdch\gVhhVgY^cZh! aV8dc[‚Y‚gVi^dc[gVcXde]dcZY¼]necdhZZiYZi]‚gVe^ZhWgƒkZhZiVjiZjg
bVfjZgZVjm°ZiaZh[gj^ihYZbZg# YZA¼=necdhZ‚Y#DY^aZ?VXdW#>ag‚VXi^kZV^ch^YZhhZchVi^dchedh^i^kZh
ZiYZh‚bdi^dchYZYncVb^hbZ!Y¼‚cZg\^Z!YZhVi^h[VXi^dcfj^kdcieZj
|eZjaZgZcYgZeajh¹‚iVcX]ZºVjmV\gZhh^dchZmi‚g^ZjgZh#¯

>%
G6K>I6>AA:O"KDJH:CK>I6B>C:H EdjgigdjkZgjci]‚gVeZjiZh‚g^ZjmegƒhYZkdigZYdb^X^aZ/
FjZXZgiV^cZhbVcfjZci|a¼VeeZaZiaVk^ZfjZkdjhXgdfj^Zo lll#]necdhZ"Xa^c^fjZ#Xdbdjlll#]necdhZh#Xdb
|eaZ^cZhYZcih![^cVd’i!kdjheVgVˆihjW^iZbZci[VYVhhZ°
Edjg\V\cZgZcWdccZ]jbZjg!jcZXjgZYZk^iVb^cZh7(!7+!7.

>)
Zi7&'Zhiedhh^WaZ!ZcVXXdgYVkZXkdigZb‚YZX^cigV^iVci# 9>A6I:O"KDJHA6G6I:
EajiifjZYZeVhhZgkdhhd^g‚ZhYZkVciaVi‚a‚|[V^gZaVidjgc‚Z
YZhdge]Za^cVihgdjbV^chdjYZhbdjgd^ghYZ8VaXjiiV!

>>
;DC9:OEDJGA:8=D8DA6I:IA:H=JÐIG:H egd\gVbbZo"kdjhYZ[gVcX]ZheVgi^ZhYZg^\daVYZ#;V^gZigVkV^aaZg
AZhY^k^cheZi^ihXVgg‚hcd^gh!g^X]ZhZcXV[‚^cZZiZchjWhiVcXZh hZhon\dbVi^fjZh[Vkdg^hZaVh‚Xg‚i^dcY¼ZcYdge]^cZh!
hi^bjaVciZhi]‚dWgdb^cZ!h‚gdidc^cZ!e]dhe]dgZ°!dciaZYdcYZ[V^gZ YZhde^VX‚h&%%cVijgZahfj^Y‚XVaVb^cZciaZhcZjgdcZh#
kd^gaVk^ZZcgdhZ^cji^aZedjgVjiVciY¼VkVaZgaVeaVfjZiiZZci^ƒgZ!
YZjmigd^hbdgXZVjmeVg_djghj[[^hZci°#AZh]jˆigZh!ZaaZh!gZc[ZgbZci

>*
Yjo^cX|gZkZcYgZ,%b\$&%%\!ZmXZaaZciedjga¼]Vgbdc^Z BDJ>AA:OKDIG:HJGKËI
YjhnhiƒbZcZgkZjm# G^ZcYZiZafjZYZhZiZggZghdjhhVXdjZiiZZchZ\VkVciYZ
hVjX^hhZhXdX`iV^aZiYZXgƒbZYZhhZgi!h^iigZcig‚YjigVkV^a!edjg
‚bZg\ZgYZa¼]^kZg!ig^hiZXdbbZjcWdccZiYZcj^iZi\gVhXdbbZjc

>'
>CH8G>K:O"KDJH²JC8DJGH9:ND<6 adj`djb#B„bZh^aVW^hZbj\^iYZ]dgh!egZcZokdigZXdjgV\ZZikdigZhVX
Ad^cY¼Zc\djgY^gjceZjeajhaZhZheg^ihY‚_|i‚iVc^h‚heVgaV YZhedgi|YZjmbV^ch!Y^gZXi^dcaVe^hX^cZdjaVhVaaZYZ\nb#7dj\Zghdc
\g^hV^aaZ!aZnd\V‚XaV^gX^iaZh^Y‚Zh!gZc[dgXZa¼Zhi^bZYZhd^! Xdgeh[V^i[dcYgZaZheZch‚Zh\aVjfjZhZcY‚XaZcX]Vci!XdbbZaZg^gZ!
[Vkdg^hZaVY‚iZciZbjhXjaV^gZZc®Y‚kZggdj^aaVci¯ZcYdjXZjg aVegdYjXi^dcY¼ZcYdge]^cZh#N
aZhdg\Vc^hbZhZcXgVhh‚heVga¼]^kZg# F>?B?FF;J;IJ7H:#L7?BB7DJ

&,H:EI:B7G:'%%)

PDF généré avec les logiciels Sowedoo


() <A6BDJG

*b‚YV^aaZhVjm?#D#
Y¼6i]ƒcZh!'Zcdg!
9j^WaVbZikZgVY
¹
'ZcVg\Zci
ZmZg^jhidYjciVY^\c^
Zi&ZcWgdcoZ
W]Zj[Zj\jZ
º
B>8=6:AD¼C:>AA$8DG7>HDJIA>C:

&,H:EI:B7G:'%%)

PDF généré avec les logiciels Sowedoo


(*

C6I6A>:8DJ<=A>C

C6<:JH:
B69:>CJH6
:aaZVidjiedjgZaaZ#7ZaaZ!^ciZaa^\ZciZ!X¼ZhiVjhh^jcZhVXg‚ZX]Vbe^dccZ/ Vjhe^XZh#²a¼}\ZYZ'%Vch!ZaaZZhiVjÃgbVbZciYZ
hdchedgiZiV[ÃgbZfj¼ZaaZk^hZ,b‚YV^aaZhY¼dgVjm
ZaaZ[jiaVcV\ZjhZaVeajhi^ig‚Z|6i]ƒcZh#EdjgiVci!fjVcYZaaZeadc\Z!XZc¼Zhi X]Vbe^dccVihYjbdcYZdg\Vc^h‚h|7VgXZadcZ#:aaZ
hZbZi|a¼ZVjYVchaVÃkgZ#JcZÃkgZYjZcdceVh
eVh[dgX‚bZciYVcha¼ZVjYZaVe^hX^cZ# |a¼ZmX^iVi^dcYZaVk^Xid^gZegdb^hZ!bV^h|jc
bVjkV^hk^gjh#

’
CViVa^Z8dj\]a^cZhijcZhdgiZYZB^X]VZa idjX]‚Z|a¼‚eVjaZ\VjX]Z!ZaaZbVcfjZYZXdjaZg#

>I>CwG6>G: E]ZaehVj[‚b^c^c#²hVbVc^ƒgZ!hVch :cidjiXVh!ZaaZ‚X]djZadghYZhh‚aZXi^dch HZgZ^cZVjm?#D#Y¼6i]ƒcZh


VjXjcYdjiZeajhYdjXZZieajhY^hXgƒiZ! Vb‚g^XV^cZh#K^Xi^bZY¼jcZ\gVkZa‚h^dcbjhXjaV^gZ! IdjX]‚ZhdjhaVa^\cZYZÄdiiV^hdc!ZaaZeVhhZ
CV^hhVcXZ/'(Vd’i&.-'! aVhjgYdj‚ZYZaVcViVi^dcVb‚g^XV^cZVkV^iVccdcX‚ dcaVXgd^ieZgYjZedjgaVcViVi^dc#HdcWgVhZceVccZ! VjigVkZghYZaVXdbe‚i^i^dc''ZiZbehVj&%%b
|KVaaZ_d!8Va^[dgc^Z fj¼ZaaZ^gV^i|6i]ƒcZhedjgXdcfj‚g^g*b‚YV^aaZh ZaaZXZhhZaVXdbe‚i^i^dc#6egƒhYZhbd^hYZ Ydh#Hdc‚X]ZXZheV\cda!YdciZaaZhZgZbZiVjegƒh
IV^aaZ/&!,%b!+%`\ Y¼dg#²hdcegd\gVbbZ!Ã\jgV^iZcZ[[ZiaZ&%%bYdh ÄdiiZbZci^ckdadciV^gZZiYZigV^iZbZcih^cZ[ÃXVXZh! YZ?V`Z!hdcX]^ZcWdmZgfj¼ZaaZ®VYdgZ¯!kVaj^
Egd[Zhh^dc/‚ijY^VciZ ZiaZ&%%bcV\Za^WgZ!V^ch^fjZaZhigd^hgZaV^h jcZcigVˆcZjgYZa¼jc^kZgh^i‚YZ7Zg`ZaZnaj^egdedhZYZ hZgk^g|gZWdcY^gYjXi‚Y¼6i]ƒcZh#8dchiViVci
ZcehnX]dad\^Z )m&%%bZi)m'%%bcV\Za^WgZ!V^ch^fjZ XdchjaiZgjcb‚YZX^cYjhedgiYZHVc;gVcX^hXd# hZhdhX^aaVi^dchZcigZaZh®WVh¯ZiaZh®]Vjih¯!
H^ijVi^dcYZ[Vb^aaZ/ aZ)m&%%b)cV\Zh#:iZaaZi^cihdceVg^# EZcYVcieajhY¼jcVc!XZhe‚X^Va^hiZZcigVjbVidad\^Z XZgiV^chdWhZgkViZjghXdcXajZciY‚_|fjZCViVa^Z
X‚a^WViV^gZ DjegZhfjZ#:aaZfj^iiVaV<gƒXZVkZX*b‚YV^aaZh hd^\cZCViVa^Z#Fj^Ãc^ieVggZigdjkZga¼jhV\ZYZhdc 8dj\]a^cZhiXZgiZhjcZ\gVcYZcV\ZjhZ!bV^heVh
EVabVgƒh/(,gZXdgYhYZh VXXgdX]‚ZhVjidjgYjXdj!hd^i'Zcdg!'ZcVg\Zci WgVh#®FjVcY_¼V^gZeg^ha¼ZcigVˆcZbZci!_¼VkV^h jcZhjeZghiVg#®Igde[gV\^aZbZciVaZbZci¯!
wiVih"Jc^h!,gZXdgYhYj Zi&ZcWgdcoZ#JchXdgZfj^[V^iY¼ZaaZaVcV\ZjhZ ]dgg^WaZbZcig‚\gZhh‚#¯6kZXhdcXdVX]!IZg^ V[ÃgbZci"^ah#8¼ZhidjWa^ZgfjZaVcV‰VYZZhiVjhh^
bdcYZ0egZb^ƒgZ[ZbbZ|„igZ aVeajhi^ig‚ZYZXZhYZgc^Zgh?#D#EdjgiVci!aVWZaaZ BX@ZZkZg!ZaaZgZbdciZeZj|eZjaVeZciZYVchaZh ‚ijY^VciZZcehnX]dZifjZhdcXdjgheg‚[‚g‚
YZhXZcYjZhdjhaVb^cjiZ 6b‚g^XV^cZ!fj^k^Zciidji_jhiZY¼Vkd^g''Vch! a^\cZhY¼ZVj#:c'%%&!ZaaZgZbedgiZhdcegZb^Zgi^igZ h¼^ci^ijaZ®8ZgkZVj!Zheg^iZiXdbedgiZbZci¯#
Vj&%%bYdh*.¼¼*-!Zc V[ÃgbZfjZhV®XVgg^ƒgZXdccVˆiZceZgbVcZcXZYZh bdcY^Vahjg&%%bYdh#:cigZhZhZcigVˆcZbZcih :aaZXdchiViZ/®AVY‚[V^iZZc:heV\cZb¼VeZgb^h
'%%'0*b‚YV^aaZhVjm?Zjm ]VjihZiYZhWVh¯#;VjhhZbdYZhi^Zdj_jhiZgZ\VgY fjVh^"b^a^iV^gZhb^hZ|a¼ZVj|*])*!h‚VcXZhYVchaV Y¼Vgg^kZg|6i]ƒcZhhVchegZhh^dc#?ZcZgZhhZciV^heajh
danbe^fjZhY¼6i]ƒcZh/dgVj edgi‚hjgjceVhh‚[dgX‚bZciXdjgibV^hY‚_|g^X]Z e^hX^cZXdbea‚i‚ZheVgYjk‚ad!YZaVXdjghZ|e^ZY!YZ aVc‚XZhh^i‚YZg‚Va^hZgXZfjZaZh\ZchViiZcYV^ZciYZ
&%%bYdhZiZcgZaV^h ZcZchZ^\cZbZcih4HV®XVgg^ƒgZ¯!_jhiZbZci! aVbjhXjaVi^dcZiYjnd\V!ZaaZhZg‚[j\^ZX]ZohZh bd^#8ZiiZdWa^\Vi^dcYZg‚hjaiVic¼ZhieVhidj_djgh
)m'%%bcV\Za^WgZ0Vg\Zci Y‚WjiZZc[dgbZYZXa^cY¼¶^a# eVgZcih!d‘ZaaZh¼VYdccZ|hdce‚X]‚b^\cdc/ V\g‚VWaZ|k^kgZ#¯8¼ZhiYdcXhZgZ^cZfjZaVh^gƒcZ
ZcgZaV^h)m&%%bcV\Za^WgZ aVXj^h^cZ#:c'%%'!ZaaZWViaZgZXdgYYjbdcYZYj hZeg‚hZciVVjY‚eVgiYZhVegZb^ƒgZh‚g^Z
ZigZaV^h)m&%%b)cV\Zh0 EgZb^Zgi^igZbdcY^VaZc'%%& &%%bYdhZih¼VY_j\Z*i^igZhYZX]Vbe^dccZYZh danbe^fjZ#DcXdccVˆiaVhj^iZ°N
WgdcoZVj&%%bcV\Za^WgZ# DceVgaZYjg‚ÄZmZ^chi^cXi^[!fjZX]VfjZ„igZ wiVih"Jc^h#A¼Vcc‚Z'%%(h¼VccdcXZhdjhaZhbZ^aaZjgh 8HKDE9B;C;DJ
]jbV^cVYdeiZedjg‚k^iZgfjZa¼ZVjaj^gZcigZYVch
aZhnZjm#>a[VjiY^gZfj¼ZaaZV&%bd^hZifjZhZh
eVgZcihk^ZccZciYZa¼^chXg^gZVjXZgXaZYZhW‚W‚h
cV\ZjghYZ8dcXdgY!Zc8Va^[dgc^Z#9‚X^Y‚bZci
eg‚XdXZ!dca¼Va^\cZVjY‚eVgiY¼jc'*beVe^aadc!|
¹E6G9DCB>HHB6C6J9DJ°º
a¼}\ZYZ+Vch#BV^hXdbbZZaaZZhi^cXVeVWaZYZ ®?ZeZchV^hfjZ_ZedjkV^h[V^gZb^ZjmfjZ
hdgi^gaZhWgVhYZa¼ZVj!dcaVY^hfjVa^ÃZ#®DcVkj a¼6b‚g^XV^cZ0_Zhj^hY‚jZ#¯8¼ZhiAVjgZBVcVjYdj
b^Zjmedjg[dgi^ÄZgjcZeVhh^dccV^hhVciZ¯!Y^i"ZaaZ# fj^eVgaZZia¼6b‚g^XV^cZZcfjZhi^dcc¼ZhiVjigZfjZ
Fj¼^bedgiZ#:mXZaaZciZ‚aƒkZ!CViVa^ZZhijcZ CViVa^Z8dj\]a^c!kV^cfjZjgYZaV[^cVaZYj&%%bYdh
hjgYdj‚ZYZaVcViVi^dc#:aaZZhiVjhh^Ydj‚ZZcYdh! |6i]ƒcZhd‘AVjgZiZgb^cV(Z#®EVgYdc!b^hh
fj¼ZcXgVladjZceVe^aadc#:aaZV[[daZVjhh^aZh BVcVjYdj!‚Xg^k^iZchj^iZjc_djgcVa^hiZVb‚g^XV^c!
X]gdcdbƒigZhZcZciVbVcijcZZheƒXZYZXdjghZ bV^h8dj\]a^cZhiaVgZ^cZYjYdh¯#:c[V^i!
eZge‚ijZaaZXdcigZaVbdcigZ#AVh‚g^ZZhiidj_djgh a¼6b‚g^XV^cZYdb^cVigƒhaVg\ZbZciaZhegZb^Zgh*%b
ZcXdjgh!VkZX(,gZXdgYhYZhwiVih"Jc^hWViijh! d‘ZaaZk^gVZci„iZVkZX-$&%ZY¼VkVcXZZijciZbeh
hVcheVgaZgYZ,gZXdgYhYjbdcYZ#:c&..-!|a¼}\Z XVcdcYZ'-¼¼-.#:aaZgVaZci^i[gVcX]ZbZciYVchaZh
96K>9?#E=>AA>E$6E$H>E6

YZ&+Vch!ZaaZZhi‚ajZcV\ZjhZYZa¼Vcc‚ZYVchhV YZgc^Zgh*%b!VkZXjciZbehYZ(&!)-/ZaaZcZg‚Va^hV
XVi‚\dg^ZY¼}\Z#:aaZZhiY‚_|Zc]VjiYjedY^jb fjZaZ+ZiZbehhjgaVhZXdcYZadc\jZjgYZWVhh^c#9Z
VadghfjZhZegdÃaZciaZh?ZjmYZHnYcZn#:ia|! fjd^Z[[ZXi^kZbZciYdccZgYZhgZ\gZih|aVBZajcV^hZ#

&,H:EI:B7G:'%%)

PDF généré avec les logiciels Sowedoo


(+ BwBDHEDGI

 ’6<:C969JHEDGI H^c\aZIgde]‚Z#JcZ
bVc^[ZhiVi^dcYZhjg[
g‚hZgk‚ZVjmeaVcX]ZhYZh
Vcc‚Zh,%!Zieajh
eVgi^Xja^ƒgZbZciVjmH^c\aZ
?DJ;HL?;M
wG>876NA:
8DBB:CI6I:JG9JGJ<7N
;^c!YZheaVcX]Zh|jcZhZjaZ
Y‚g^kZfj^Vjidg^hZciYZh
XdjgWZheajhVbeaZhfjZaZh
eaVcX]ZhbdYZgcZh#
CdbWgZjhZhVc^bVi^dch#
;diWle_hfbki0
lll#gdnVa"h^c\aZ"igde]ZZ#Xdb

&-"&.H:EI:B7G:
GDAA:G
*[JhWdi½Hebb[h
8dbe‚i^i^dcYZidjiegZb^Zg
eaVcedjgaZhhe‚X^Va^hiZhYZ
aVY^hX^ea^cZ!a¼‚egZjkZhZ
Y^hejiZgVYVchaZ
Y‚eVgiZbZciYj9djWh'*#

86C6A
EHK?#BDG:A$6HD

9ZhXZciV^cZhYZXdcXjggZcih
(*#(,I;FJ;C8H; h¼‚aVcXZgdciedjgZc ¹8DBB:A:;DDIº
Y‚XdjYgZhjgYZjmeVgXdjgh/

G#>#9#:# a¼jcYZ()`bZcigZEdciVga^Zg
ZiBdji]ZYZhi^c‚Vj]Vji
Gk[bb[[ijbWfh_dY_fWb[dekl[Wkjƒ
Z[bWiW_iedZ[hk]Xoikh9WdWb!5
9VchaZXVYgZhdbeijZjmYj=VgVhYZ?VgYn,-!aZhGZcXdcigZh^ciZgcVi^dcVaZhYZh c^kZVjZia¼VjigZYZ&,`b NAV\gdhhZcdjkZVji‚!X¼ZhiY¼VWdgY
N Y^hX^ea^cZh‚fjZhigZhG#>#9#:#hZgdcia¼dXXVh^dcYZk^kgZYjgVciigd^h_djghVjgni]bZ ZcigZBdji]ZZiBVaWj^hhdc aVcdjkZaaZ[dgbjaZYjX]Vbe^dccViYZ
YZhX]ZkVjm#²idjiZhaZhVaajgZhej^hfj¼dcnY‚Xdjkg^gVaZhigd^h\gVcYZhY^hX^ea^cZh edjgXZjmfj^eg^k^a‚\^ZciaV ;gVcXZ#JcZg‚kdaji^dcYVchaZgj\Wn/
YZa¼‚fj^iVi^dc/hVjiY¼dWhiVXaZh!XdcXdjghXdbeaZi!ViiZaV\Z#IdjhaZhX]Vbe^dchdanbe^fjZh igVcfj^aaZWVaVYZ# aVedjaZjc^fjZ!fj^eZgbZiZc[^cYZ
YZkgV^Zci„igZVjgZcYZo"kdjh!Ydcia¼‚fj^eZYZ;gVcXZYZXdcXdjghXdbeaZi# 9ZhVc^bVi^dchXdbbZ hVkd^gfj^Zhi&Zg!*Zdj&'ZVegƒhX]VfjZ
;diWle_hfbki/lll#^VV["[^cVa#Xdb a¼^c^i^Vi^dcVjgdaaZgdjVjh`^ _djgc‚ZYjIde&+#DckVYdcXedjghj^kgZ
|gdjaZiiZhhZgdciegdedh‚Zh! cdigZegdbZhhZ/igV^iZgaZgj\WnXdbbZ
igVch[dgbZgZc]^eedYgdbZ idjiXdbbZjcZgVcYdcc‚Z aZ[ddiWVaa#AVcdjkZVji‚gj\Wnedjg
&,6J&,H:EI:B7G: edjgjc^bbZchZheZXiVXaZ ;JAA8DCI68I cdXijgcZZck^aaZ# aVX]VˆcZ!X¼Zhia¼‚b^hh^dc®?djgYZ
BJAI>HEDGIH cdXijgcZdgX]Zhig‚Vjidjg BWDk_jZk<kbb ;diWle_hfbki0 gj\Wn¯aZhVbZY^hd^g!_jhiZYZgg^ƒgZ
HW_ZZkC[hYWdjekh YjX]ZkVa!eajhWZaaZXdcfj„iZ Hd^g‚ZYZ\VaV|aV=VaaZ lll#igVchgdaaZg# ®?djgYZ[ddi¯#6kZXaZhg‚hjb‚hYZ
Egd\gVbbZX]Vg\‚edjg YZa¼]dbbZ#Igd^hh]dlh 8VgeZci^Zg!YVchaZM>>>Z igVch_jgVhh^ZccZ#Xdb idjhaZhbViX]ZhVkZXidjhaZhZhhV^h
aZh‚fj^eZhYZ(eZghdccZh/ ‚fjZhigZhZifjVigZXdjghZh VggdcY^hhZbZciYZEVg^h,*! YZjm]ZjgZhVegƒhaZXdjeYZh^[[aZi[^cVa
XdjghZY¼dg^ZciVi^dc!KII! d[[^X^ZaaZhY^heji‚Zhhjgjc VkZX!ZcigZVjigZh!YZjm &-"&.H:EI:B7G: YZhgZcXdcigZh#8¼Zhijc\gdhX]VaaZc\Z
XVcndc^c\!XVcd…"gV[i!ZiX# VccZVjYZk^iZhhZYZ)'*b X]Vbe^dccVihY¼:jgdeZ KD>A: ]jbV^cZiiZX]c^fjZ#
AZidjiYVchaZhhdbeijZjm hZgdciVjegd\gVbbZYZaV &bVhXja^cZi&[‚b^c^c 9^Wbb[d][Fbkh_½[bb[i
eVnhV\ZhYZhkVaa‚ZhYZaV hd^g‚Z#G„kZZied‚h^Zhjg ZiYZjmX]Vbe^dccVihYj EdjgaVegZb^ƒgZ[d^h! B[hk]Xocedj[ZedY[dfk_iiWdY[5
GdnVZiYZaV7ZkZgV!|a¼Zhi jcZhXƒcZYZ&%%%%b'# bdcYZ&bVhXja^cZi a¼‚XdaZYZkd^aZYZh<a‚cVch NAZgj\WnZhiaZ'Zhedgihjg8VcVa #
YZh6aeZh"BVg^i^bZh!|aV Egd_ZXi^dchY¼^bV\Zh!_Zjm &[‚b^c^cYZ[jaaXdciVXi# dg\Vc^hZjcZg‚\ViZYZhi^c‚Z AZWdjadifjZ[V^iaVA^\jZegd[Zhh^dccZaaZ
[gdci^ƒgZ^iVa^ZccZ#A¼Vgg^k‚ZYZ YZajb^ƒgZh!i]‚}igZh ²eVgi^gYZ&.]ZjgZh# ZmXajh^kZbZciVjm[ZbbZh# X]VfjZhV^hdcaZgZcYYZeajhZceajh
XZiiZ*Z‚Y^i^dchZgV_j\‚Zhjg Y¼dbWgZh!YVchZjgh! ;diWle_hfbki0 DjkZgiZ|idjiZh!Y‚WjiVciZh eg‚hZciVWaZ#DchV^iVj_djgY¼]j^!
aZ[gdciYZbZg!|BZcidc%+# VXgdWViZhZibjh^X^Zch I‚a#/%+%.'*-+.% djXdc[^gb‚Zh!aV_djiZhZgV eVgZmZbeaZ!fj¼dcgZigVchbZiigV
;diWle_hfbki0 h¼Vgi^XjaZgdciVjidjgYZheajh Vb^XVaZ#AZY‚eVgihZgV IdjadjhZ"HiVYZ;gVcV^haZ+cdkZbWgZ
lll#gV^YYjbZgXVcidjg#Xdb WZVjmX]ZkVjmYjbdcYZ! &-"&.H:EI:B7G: Ydcc‚|8dcXVgcZVj'. hjg8VcVa #8¼ZhiaVegZb^ƒgZVcc‚Z
h‚aZXi^dcc‚heVgaZh]VgVh HJG; ZiaZh‚fj^eV\ZhcVk^\jZgdci fjZaZgj\WnegdedhZYZhV[[^X]ZhYZXZ
&-H:EI:B7G: cVi^dcVjm#9Zjm]ZjgZhigZciZ HeoWbI_d]b[Jhef^ƒ[ Vjb^a^ZjYZhˆaZh^c]VW^i‚Zh c^kZVjX]VfjZhZbV^cZ#AVeajhWZaaZ
wFJ>I6I>DC Y¼‚bdi^dch^ciZchZh A¼Zheg^iHZkZci^ZhhZgVYZ YZa¼VgX]^eZaYZh<a‚cVch# V[[^X]ZYZaV_djgc‚ZZhihjg8VcVa 
B[i9^[lWknZkIjWZ[ ;diWle_hfbki0 b^hZhjgaVhjeZgWZeaV\Z ;diWle_hfbki0 aZhVbZY^!kZgh&*]!XdbbZci‚Z
EdjgaVegZb^ƒgZ[d^h!aZHiVYZ lll#aZhX]ZkVjmYjhiVYZ#Xdb YZhHVWaZhY¼Dg|6c\aZi+) lll#\aZcVch#Vhhd#[g eVgE]^a^eeZHZaaVZibd^"b„bZ#
YZ;gVcXZ.(kVhZ &-H:EI:B7G: edjgaV(Z‚Y^i^dcYjGdnVa FHEFEIH;9K;?BB?IF7HB7KH;DJBEKÎJ

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

NHVbZY^!aZiZbehgZhiZgVV\g‚VWaZhjgaZhigd^h"fjVgihYZaV;gVcXZ \c‚hYZfjZafjZheaj^Zh#9^bVcX]Z!dcVhh^hiZgV|jcZa‚\ƒgZWV^hhZYZh NAjcY^ZibVgY^!aVh^ijVi^dcYZkgV^iYZcdjkZVjh¼Vb‚a^dgZghjgaV [V^WaZh#8ZhWgdj^aaVgYhhZY^hh^eZgdciedjgaV^hhZgeaVXZ|jciZbehZchd"


VkZXYjhdaZ^aZiYZhiZbe‚gVijgZhegZhfjZZhi^kVaZh#JcZeZgijgWVi^dc iZbe‚gVijgZh#AZX^ZahZgVkVg^VWaZVkZXYVkVciV\ZYZcjV\ZhZifjZafjZh eajeVgiYZhg‚\^dch#>a[VjiidjiYZb„bZh¼ViiZcYgZ|fjZafjZhWVcXh aZ^aa‚ZiWZVjXdjeeajhX]VjYYVcha¼Vegƒh"b^Y^!cdiVbbZcihjgaVbd^i^‚
ZckV]^gVidjiZ[d^haZCdgY"DjZhiZiXZhcjV\ZhhZgdcieVg[d^hVXXdbeV" VkZghZhhjgaZBVhh^[8ZcigVaZiaZCdgY":hi#6^aaZjgh!aZiZbehhZgVhZX# YZWgdj^aaVgYhZcbVi^c‚ZXVg^a[ZgVhdjkZciigƒh[gV^hZiaZhkZcihhZgdci hjYYjeVnh#CdiZoaVeg‚hZcXZYZfjZafjZhcjV\ZhegƒhYZaVBVcX]Z#

&,H:EI:B7G:'%%)

PDF généré avec les logiciels Sowedoo


(,

A>KG:H
EVg^hZhi
HwA:8I>DCIK
|cdjh I7C;:?'.I;FJ;C8H;
AVXdaaZXi^dc®EVg^hZhi HEDGIHC6JI>FJ:H |'(](%
|cdjh¯YZh‚Y^i^dch |&(]Zi'%] GVaanZYZ<gVcYZ"7gZiV\cZ
EVg^\gVbbZZhi|bZiigZ CVji^hbZ H‚WVhi^ZcAdZWVVWVcYdcc‚aZi^igZ
:9>I>DCHE6G><G6BB:

YVchaVedX]ZYZidjiWdc :bWVgfjZgVkZXG‚b^EZaaZi^Zg! a¼VceVhh‚edjgaV^hhZg\V\cZghdc


EVg^h^Zc#DcnigdjkZaZh X¼ZhieVgi^gedjgYZhXdjghZhYZ ‚Xjg^Z#>aedjggV^ih¼‚k^iZgeVgZ^aaZ

:9>I>DCH86AB6CC"A:KN
WdcheaVch!aZhWdccZh g„kZkZghYZh]dg^odchad^ciV^chZi VkZcijgZZch¼^bedhVcidjigZ"BVcX]Z#
VYgZhhZh!aZhVhijXZhZhhZci^ZaaZhedjgW^Zck^kgZYVchaV gZcXdcigZgaZheajh\gVcYhbVg^ch#
XVe^iVaZ#8Vi]Zg^cZI^c\]‚g^VcegdedhZ!cdiVbbZci!YZgZigdjkZg BKD:?(&I;FJ;C8H;
XdgehYZg„kZZibdgVaY¼VX^ZgYVchEVg^hidc^fjZ!ZiYdccZaZhXaZ[h GJ<7N ;DDI76AA
edjggZhiZgoZcYVchEVg^hVci^higZhh#>cY^heZchVWaZ# ZcY^gZXi|&*]&% |&-]
EVg^hidc^fjZZiEVg^hVci^higZhh!‚Y#EVg^\gVbbZ!+æX]VXjc# GwIGD Ide&+/8VhigZh"EZge^\cVc
;VXZVjk^XZ"X]Vbe^dcYZ;gVcXZ!
AZh9^ZjmYj7g‚h^a
<gVcYZhd^g‚Z|i]ƒbZVjg^kZgYZVkZXYZh
JcZhV^hdcYZ
aZh8VhigV^hYZG^X]VgY9djgi]Z YdXjbZcihhjgaZhXdjeZhYjbdcYZ&.*-
[ddiWVaa'%%) kZcYgdciX]ƒgZbZciaZjgeZVj!# Zi&.,%!hdbbZihYZaVWVcYZ|EZa‚##
8dbbZX]VfjZVcc‚Z!:j\ƒcZ
HVXXdbVcd!XZXdbbZciViZjg 6I=AwI>HB: ;DDI76AA
hedgi^[YdjmY^c\jZVjmVXXZcih
ZcY^gZXi|&+] ZcY^gZXi|'%]
Wg‚h^a^Zch!egdedhZYVchJcZ
;^cVaZh>66;|BdcVXd A^\jZ'/Adg^Zci"<j^c\Vbe
hV^hdcYZ[ddiWVaajceVcdgVbV
XdbeaZiZc''%eV\Zh^aajhig‚Zh#
²a¼dbWgZYjGdX]Zg!aZh‚id^aZh 9jZaZcigZ7gZidchZiXVcY^YVih|aVbdci‚Z#
JcdjkgV\ZgZbVgfjVWaZYZ YZaVe^hiZhZY‚[^ZcijcZYZgc^ƒgZ Edjga¼^chiVci!aZhAdg^ZciV^he^‚i^cZci°
a¼^cjhVWaZ®HVXXd¯!VjideYZ [d^hVkVciYZgVc\ZgaZhed^ciZh#
C7H:?('I;FJ;C8H;
hV[dgbZ#>cXdcidjgcVWaZ#
;DDI76AA ;DDI76AAJH
JcZhV^hdcYZ[ddiWVaa'%%)!
‚Y#8VabVcc"A‚kn!')!&*æ# ZcY^gZXi|&,]&* |&-]
A^\jZ&/7dgYZVjm"GZccZh C;A
'%I=8:CIJGN;DM

6kZXjcZ‚fj^eZgV_Zjc^Z!aZh AZhEVig^dihYZaVCdjkZaaZ"6c\aZiZggZ
<^gdcY^chdciedjgiVciXVab‚aV ZcgdjiZkZghjcYdjWa‚#6jgVc\
g‚kdaiZYZaZjghhjeedgiZgh!\g}XZ YZhdjih^YZgh/aZhGV^YZghY¼DV`aVcY
;>AB cdiVbbZci|jchVch"[VjiZ# djaZh8daihY¼>cY^VcVeda^h#

?ZjYZbV^ch!_ZjYZk^aV^ch :?C7D9>;'/I;FJ;C8H; ;DDI76AA


H^kdjhV^bZoaZbVjkV^h\d’i!aZhWaV\jZhYZediVX]ZZiaZ BDID ZcY^gZXi|'&]
eda^i^fjZbZci^cXdggZXi!9dY\ZWVaaZhiedjgkdjh#8ZiiZ^begdWVWaZ ZcY^gZXi|)] A^\jZ&/IdjadjhZ"Andc
]^hid^gZYZWVaaZVjeg^hdcc^ZgkVjiedjga¼VWViiV\ZYZ7ZcHi^aaZg!
<gVcYEg^mYj?Vedc AZh<dcZhkZggdci"^ahaVk^ZZc
ZceVigdcYZhVaaZYZ\nb[Vdci‚a‚h]dee^c\#:ceg^bZ!fjZafjZh
²fjVigZXdjghZhYjiZgbZYZaVhV^hdc! gdhZVjHiVY^jb[VXZ|jcZ‚fj^eZ
VeeVg^i^dch]VaajX^cVciZh/9Vk^Y=VhhZa]d[[ZcXdVX]VaaZbVcY
KVaZci^cdGdhh^ZhiZceVhhZYZXdchZgkZg fj^XdbbZcXZ|[V^gZeZjg4
‚cZgk‚!8]jX`Cdgg^hZc_jg‚bjZiZi!hjgidji!AVcXZ6gbhigdc\!
hdci^igZYZX]Vbe^dcYjbdcYZ#
Xdc[dcYVciYZcVijgZaYVchhdcegdegZgaZ#
=6JI:I8DJGI

C;H9H;:?((I;FJ;C8H;
9dY\ZWVaa!YZGVlhdcBVgh]VaaI]jgWZghdgi^ZaZ''$.# <DA; 76H@:I

>B6<:H GnYZg8je
|&,]** ZcY^gZXi|&,]*%
G‚ejWa^fjZiX]ƒfjZ";gVcXZ
6<:C96H E]didhVc^b‚Zh
?VgY^cYjAjmZbWdjg\#HjgaZh
8¼Zhia¼‚e^ad\jZeVae^iVci#I]dbVhAZkZi
ZihZh&&Xd‚fj^e^ZghZjgde‚Zchkdci"^ah
6kVci"YZgc^ZgbViX]edjgaZh_ZjcZh
7aZjhYVchXZh‚a^b^cVid^gZh|
EH<"DB!aZX]d^m \g^aaZh!aZhe]didhV‚g^ZccZh eVgkZc^g|\VgYZgaZeg‚X^Zjmigde]‚Z4 a¼:jgd'%%*#8gd^hdchaZhYd^\ih#
YVchaVYViZ YZNVcc6gi]jh"7ZgigVcY#
AZEH<Zia¼DBhdgiZciYZh ;DDI76AA ;DDI76AA
GZcVjY9ZadjgbZh¼VeegdX]ZYj
V\ZcYVh|aZjghXdjaZjgh e]did\gVe]Z/®Kdhe]didh! ZcY^gZXi|'&] ZcY^gZXi|&-]
:9#B6C<EHEDGI

ZcXZiiZe‚g^dYZYZgZcig‚Z# _ZkZjmZc[V^gZjc[^ab#¯ A^\jZ&/EVg^h"BdcVXd A^\jZ&/IdjadjhZ"Andc


HjeedgiZghdjcdc!egd_ZiZo"kdjh Bjh^fjZdg^\^cVaZY¼6gbVcY6bVg 9ZhEg^cXZhVjEVgXkZcjh[V^gZYdjiZg A¼jcYZhbViX]ZhaZheajhheZXiVXjaV^gZh
YVchaZiZbeh ZiiZmiZhajheVg7ZgcVgY ZcXdgZjceZjeajhaZEH<fj^c¼V YZaVhV^hdcYZgc^ƒgZ)"(#GZccZhZi;gZ^
:9#FJDK69>H

6\ZcYVEH<!‚Y#BVc\dHedgi!&'å0 <^gVjYZVjZiC^ah=j\dc# edjgiVciY‚_|eajhaZYgd^i|a¼ZggZjg# V^bZgV^ZcigZXdbbZcXZgaZjg[Zhi^kVa#


6\ZcYVDB!‚Y#FjdKVY^h!&&!*%å# AVIZggZkjZYjX^Za!hdgi^ZaZ''$.# G6AAN:

&,H:EI:B7G:'%%)

PDF généré avec les logiciels Sowedoo


(- E:DEA:

FJ6>
9:H
9:GG>8@8:NG68$6;E

7ADC9:H
JceZi^iidjgZcWViZVj
YVchaVaV\jcZ#C^XdaZ

7w6GI!9¼J<DA>C @^YbVcZhigZhi‚ZaZh
e^ZYhVjhZXbV^hVb^h

²I=>:G8:A>C aZ[ZjVjedcidc#EVh
YZg‚\ViZYZaV8djeZ
:aaZc¼‚iV^ieVhh^beaZbZcia|edjgaZhe]did\gVe]Zh# YZa¼6bZg^XVc^YZIdjg
:bbVcjZaaZ7‚Vgi!VXXdbeV\c‚ZYZ8]VgaZh7Zga^c\!ZhijcZ YjbdcYZ|aVkd^aZZc
Vb^ZY¼Zc[VcXZYZBVgXI]^ZgXZa^c#AZh`^eeZgcZedjkV^ig„kZg eZgheZXi^kZ#A¼VXig^XZ
eajh_da^ZbVggV^cZedjghdccdjkZVjWViZVj!Egd;dgb!VkZX VjhigVa^ZccZVidji
aZfjZa^aeVgi^X^eZgVVjKZcY‚Z<adWZ!|eVgi^gYj,cdkZbWgZ# h^beaZbZci^aajb^c‚
>ah¼V\^iZc[V^iYZa¼VcX^ZcbdcdXdfjZYZ8Vi]Zg^cZ8]VWVjY YZhVeg‚hZcXZaV+&Z
KZcY‚Z<adWZ'%%%ZiYZH^bdcZ7^VcX]Zii^6gdjcY6adcZ'%%'# ‚Y^i^dcYj;Zhi^kVaYj
X^c‚bVYZKZc^hZ
aVBdhigV#:aaZZhi

A:HEDGI kZcjZneg‚hZciZghdc
YZgc^ZgÃab!7^gi]!YVch

²A6BD9: aZfjZaZaaZZhi
Xdc[gdci‚Z|jcZc[Vci
CdjkZVjY‚ÃedjgHiZaaVBX8VgicZn! YZ&%Vchfj^eg‚iZcY
fj^hZ[V^iY‚Ãc^i^kZbZcijceg‚cdb# „igZaVg‚^cXVgcVi^dc
:aaZkVXg‚ZgjcZXdaaZXi^dcYZhedgi YZhdcbVg^Y‚[jci#
edjg6Y^YVhYdciaZhegZb^Zgh ®AVgZaVi^dcZcigZ6ccV
IG>H=A:6H:$<:IIN$6;E

bdYƒaZhhZgdciZckZciZZc[‚kg^Zg ZiaZeZi^i\Vgdcc¼Zhi
'%%*#:aaZa¼VY^iadghYZa¼Danbejh eVhjcZfjZhi^dc
@6GL6>I6C<$6AE=6EG:HH$B6MEEE

;Vh]^dcLZZ`!|CZlNdg`# Y¼Vii^gVcXZbV^hYZ
XgdnVcXZ¯!VZmea^fj‚
a¼Zm"bVYVbZIdb
8gj^hZedjg‚kdfjZg
hdccdjkZVjgaZ#

&ZgIGDE=w:9:HE:GHDCC6A>IwH
B>8=6:AHI:E=:CH$LE6$6;E

GJC7G>I6CC>6
HedgiGZa^Z[kZjiX]Vc\ZgaVk^ZYZheajheVjkgZheVgaZhedgi#
Edjga¼dXXVh^dc!Idcn7aV^g!EgZb^Zgb^c^higZWg^iVcc^fjZ!H^g
HiZkZGZY\gVkZ!a‚\ZcYZYZa¼Vk^gdcVc\aV^h!Zi8da^c?VX`hdc!
gZXdgYbVcYjbdcYZYj&&%b]V^Zh!dcibdj^aa‚aZI"h]^gi#

?68@EG>H
9:8DJGI
E=DIDH;6ADJG$HI6G;68:

HZkg‚YZWVh`ZiaVhV^hdcC76
I=>BDI=N6#8A6GN$6;E

gZY‚bVggZaZ'cdkZbWgZ!
?VX`C^X]dahdch¼ZhigVWViijhjg
aZiZcc^h#Dca¼VkjigƒhVhh^Yj CVi]Va^ZH^bdcVjXZcigZZiaZ\da[!X¼ZhijcZ]^hid^gZ Zi:bbVcjZaE^cYV`VgVi‚dcihjgkda‚aZhY‚WVih#
|;ajh]^c\BZVYdlh!YVchaZh\gVY^chYjXdjgiXZcigVa6gi]jg" Y¼Vbdjg#6kZXHl^c\!V\ZcXZY¼‚k‚cZbZci^Za!ZiaZ 9jgVciXZhYZjm_djghYZeaV^h^gZiYZ[V^g"eaVn!dcVej
6h]ZYjcdbYZa¼VcX^Zc\gVcYX]Vbe^dccd^gVb‚g^XV^c# hdji^ZcYZaV;‚Y‚gVi^dc[gVcV^hZ!ZaaZVdg\Vc^h‚aZ Xgd^hZgHde]^ZBdc^diiZ|\#!NVb^cV7Zc\j^\j^|Y#!
?jhfj¼|aVÃcVaZZcigZaZHj^hhZGd\Zg;ZYZgZgZia¼6jhigVa^Zc &ZgIgde]‚ZK^hV>cÃc^iZYZhEZghdccVa^i‚h!Vj<da[ bV^hVjhh^EVig^X`YZ8Vgda^h!IZm!EVig^XZ8VgbdjoZ!
AaZnidc=Zl^ii!VjXdjghYZaVfjZaaZ^aVY‚Y^XVX‚jcZ\gdhhZ CVi^dcVa!|<jnVcXdjgi,-#;adgZcXZBVhcVYVh`^ 6aV^c7d\]dhh^Vc!:Y\Vg<gdhe^gdcdjAVjgZci;^\cdc#
WVaaZ\dcÄVWaZ#

&,H:EI:B7G:'%%)

PDF généré avec les logiciels Sowedoo

You might also like