GE - General Electric JGP940BEKBB GE 30" Gas Cooktop User Manual

*($SSOLDQFHVFRP

0*(

-*3

-*3

-*3

-*3

-*3

3*3

3*3

2ZQHU·V0DQXDO

&RRNWRSV

%XLOW,Q*DV

6DIHW\,QVWUXFWLRQV²

2SHUDWLQJ,QVWUXFWLRQV

&RQWURO/RFN

&RRNZDUH 

'XDO6WDFN%XUQHU

)ODPH6L]H 

/LJKWLQJD%XUQHU 

3RZHU%RLO



%XUQHU

6HDOHG*DV%XUQHUV

&DUHDQG&OHDQLQJ

%XUQHUVDQG

&RRNWRS(OHFWURGHV

%XUQHU%DVHV

%XUQHU&DSVDQG+HDGV

%XUQHU*UDWHV

%XUQHU+HDGDQG

&DS5HSODFHPHQW

&RQWURO.QREV

(OHFWURGHV

*ODVV&RRNWRS

3RUFHODLQ(QDPHO&RRNWRS

6KLSSLQJ)LOPDQG7DSH

6WDLQOHVV6WHHO6XUIDFHV 

7URXEOHVKRRWLQJ7LSV  

&RQVXPHU6XSSRUW

&RQVXPHU6XSSRUW

2ZQHUVKLS5HJLVWUDWLRQ

IRU&XVWRPHUVLQ

&DQDGDRQO\    

:DUUDQW\&DQDGD

:DUUDQW\86     

:ULWHWKHPRGHODQGVHULDO

QXPEHUVKHUH

0RGHO BBBBBBBBBBBBBB

6HULDOBBBBBBBBBBBBBBB

<RXFDQILQGWKHPRQDODEHO

XQGHUWKHFRRNWRS

3ULQWHGRQ

5HF\FOHG3DSHU

,Q&DQDGD

ZZZ*($SSOLDQFHVFD

3ULQWHGLQWKH8QLWHG6WDWHV



,03257$176$)(7<,1)250$7,21

5($'$//,16758&7,216%()25(86,1*

'RQRWVWRUHRUXVHJDVROLQHRURWKHUIODPPDEOHYDSRUVDQGOLTXLGVLQWKHYLFLQLW\RIWKLVRUDQ\RWKHUDSSOLDQFH

'RQRWLQVWDOOWKLVSURGXFWZLWKDLUFXUWDLQKRRGRURWKHUUDQJHKRRGWKDWEORZVDLUGRZQRQWKHFRRNWRS$LUIORZPD\

LQWHUIHUHZLWKRSHUDWLRQRIJDVEXUQHUVUHVXOWLQJLQILUHRUH[SORVLRQKD]DUG

:+$772'2,)<2860(//*$6

■ 'RQRWWU\WROLJKWDQ\DSSOLDQFH

■ 'RQRWWRXFKDQ\HOHFWULFDOVZLWFKGRQRWXVHDQ\SKRQHLQ\RXUEXLOGLQJ

■ ,PPHGLDWHO\

FDOO\RXUJDVVXSSOLHUIURPDQHLJKERU·VSKRQH)ROORZWKHJDVVXSSOLHU·VLQVWUXFWLRQV

■ ,I

\RXFDQQRWUHDFK\RXUJDVVXSSOLHUFDOOWKHILUHGHSDUWPHQW

,QVWDOODWLRQDQGVHUYLFHPXVWEHSHUIRUPHGE\DTXDOLILHGLQVWDOOHUVHUYLFHDJHQF\RUWKHJDVVXSSOLHU

:$51,1*

,IWKHLQIRUPDWLRQLQWKLVPDQXDOLVQRWIROORZHGH[DFWO\DILUHRUH[SORVLRQPD\

UHVXOWFDXVLQJSURSHUW\GDPDJHSHUVRQDOLQMXU\RUGHDWK

6$9(7+(6(,16758&7,216



*($SSOLDQFHVFRP

:$51,1*

1(9(5XVHWKLVDSSOLDQFHDVDVSDFHKHDWHUWRKHDW

RUZDUPWKHURRP'RLQJVRPD\UHVXOWLQFDUERQ

PRQR[LGHSRLVRQLQJDQGRYHUKHDWLQJRIWKHRYHQ

■8VHWKLVDSSOLDQFHIRULWVLQWHQGHGSXUSRVHDVGHVFULEHG

LQWKLVRZQHU·VPDQXDO

■+DYH\RXUFRRNWRSLQVWDOOHGDQGSURSHUO\JURXQGHGE\

DTXDOLILHGLQVWDOOHULQDFFRUGDQFHZLWKWKHSURYLGHG

LQVWDOODWLRQLQVWUXFWLRQV$Q\DGMXVWPHQWDQGVHUYLFH

VKRXOGEHSHUIRUPHGRQO\E\TXDOLILHGJDVDSSOLDQFH

LQVWDOOHUVRUVHUYLFHWHFKQLFLDQV'RQRWDWWHPSWWR

UHSDLURUUHSODFHDQ\SDUWRI\RXUFRRNWRSXQOHVVLWLV

VSHFLILFDOO\UHFRPPHQGHGLQWKLVPDQXDO

■<RXUFRRNWRSLVVKLSSHGIURPWKHIDFWRU\VHWIRUXVH

ZLWKQDWXUDOJDV,WFDQEHFRQYHUWHGIRUXVHZLWK/3

JDV,IUHTXLUHGWKHVHDGMXVWPHQWVPXVWEHPDGHE\D

TXDOLILHGWHFKQLFLDQLQDFFRUGDQFHZLWKWKHLQVWDOODWLRQ

LQVWUXFWLRQVDQGORFDOFRGHV7KHDJHQF\SHUIRUPLQJWKLV

ZRUNDVVXPHVUHVSRQVLELOLW\IRUWKHFRQYHUVLRQ

■+DYHWKHLQVWDOOHUVKRZ\RXWKHORFDWLRQRIWKHFRRNWRS

JDVVKXWRIIYDOYHDQGKRZWRWXUQLWRIILIQHFHVVDU\

■%HIRUHSHUIRUPLQJDQ\VHUYLFHXQSOXJWKHFRRNWRS

RUGLVFRQQHFWWKHSRZHUVXSSO\DWWKHKRXVHKROG

GLVWULEXWLRQSDQHOE\UHPRYLQJWKHIXVHRUVZLWFKLQJRII

WKHFLUFXLWEUHDNHU

■%HVXUHDOOSDFNLQJPDWHULDOVDUHUHPRYHGIURPWKH

SURGXFWEHIRUHRSHUDWLQJWRSUHYHQWLJQLWLRQRIWKHVH

PDWHULDOV

■ $YRLGVFUDWFKLQJRULPSDFWLQJJODVVFRRNWRS'RLQJVR

PD\

OHDGWRJODVVEUHDNDJH'RQRWFRRNRQDSURGXFW

ZLWKEURNHQJODVV6KRFNILUHRUFXWVPD\RFFXU

■ 'RQRWOHDYHFKLOGUHQDORQHRUXQDWWHQGHGLQDQ

DUHD

ZKHUHDQDSSOLDQFHLVLQXVH7KH\VKRXOGQHYHU

EHDOORZHGWRFOLPEVLWRUVWDQGRQDQ\SDUWRIWKH

DSSOLDQFH

■ 'RQRWVWRUHLWHPVRILQWHUHVWWRFKLOGUHQDERYHWKH

FRRNWRSFKLOGUHQFOLPELQJRQWKHFRRNWRSWRUHDFK

LWHPVFRXOGEHVHULRXVO\LQMXUHG

■'RQRWDOORZDQ\RQHWRFOLPEVWDQGRUKDQJRQWKH

FRRNWRS

■ 8VHRQO\GU\SRWKROGHUV³PRLVWRUGDPSSRWKROGHUVRQ

KRWVXUIDFHVPD\UHVXOWLQEXUQVIURPVWHDP'RQRWOHW

SRWKROGHUVWRXFKVXUIDFHEXUQHUVRUEXUQHUJUDWHV

■%HFDUHIXOQRWWRWRXFKKRWVXUIDFHVRIWKHFRRNWRS

3RWHQWLDOO\KRWVXUIDFHVLQFOXGHEXUQHUVJUDWHVDQG

FRRNWRS

■'RQRWKHDWXQRSHQHGIRRGFRQWDLQHUV3UHVVXUHFRXOG

EXLOGXSDQGWKHFRQWDLQHUFRXOGEXUVWFDXVLQJDQ

LQMXU\

■&RRNPHDWDQGSRXOWU\WKRURXJKO\³PHDWWRDWOHDVWDQ

LQWHUQDOWHPSHUDWXUHRI)DQGSRXOWU\WRDWOHDVW

DQLQWHUQDOWHPSHUDWXUHRI)&RRNLQJWRWKHVH

WHPSHUDWXUHVXVXDOO\SURWHFWVDJDLQVWIRRGERUQHLOOQHVV

*(1(5$/6$)(7<,16758&7,216

:$51,1*

6$9(7+(6(,16758&7,216

,03257$176$)(7<,1)250$7,21

5($'$//,16758&7,216%()25(86,1*



6$9(7+(6(,16758&7,216

■'RQRWXVHZDWHURQJUHDVHILUHV1HYHUSLFNXSD

IODPLQJSDQ7XUQWKHFRQWUROVRII6PRWKHUDIODPLQJ

SDQRQDVXUIDFHEXUQHUE\FRYHULQJWKHSDQFRPSOHWHO\

ZLWKDZHOOILWWLQJOLGFRRNLHVKHHWRUIODWWUD\,I

QHFHVVDU\XVHDPXOWLSXUSRVHGU\FKHPLFDORUIRDP

W\SHILUHH[WLQJXLVKHU

,17+((9(172)$),5(7$.(7+()2//2:,1*67(36

7235(9(17,1-85<$1'),5(635($',1*

■1HYHUOHDYHWKHVXUIDFHEXUQHUVXQDWWHQGHGDWPHGLXP

RUKLJKKHDWVHWWLQJV)RRGVHVSHFLDOO\RLO\IRRGVPD\

LJQLWHUHVXOWLQJLQILUHWKDWFRXOGVSUHDGWRVXUURXQGLQJ

FDELQHWV

■1HYHUOHDYHRLOXQDWWHQGHGZKLOHIU\LQJ,IDOORZHGWR

KHDWEH\RQGLWVVPRNLQJSRLQWRLOPD\LJQLWHUHVXOWLQJ

LQILUHWKDWPD\VSUHDGWRVXUURXQGLQJFDELQHWV8VHD

GHHSIDWWKHUPRPHWHUZKHQHYHUSRVVLEOHWRPRQLWRURLO

WHPSHUDWXUH

■ 7RDYRLGRLOVSLOORYHUDQGILUHXVHDPLQLPXPDPRXQWRI

RLOZKHQVKDOORZSDQIU\LQJDQGDYRLGFRRNLQJIUR]HQ

IRRGVZLWKH[FHVVLYHDPRXQWVRILFH

■ 8VHSURSHUSDQVL]HDQGDYRLGSDQVWKDWDUHXQVWDEOH

RUHDVLO\WLSSHG6HOHFWFRRNZDUHWKDWLVPDWFKHGWRWKH

VL]HRIWKHEXUQHU%XUQHUIODPHVVKRXOGEHDGMXVWHGVR

WKDWWKH\GRQRWH[WHQGEH\RQGWKHERWWRPRIWKHSDQ

([FHVVLYHIODPHPD\EHKD]DUGRXV

■$OZD\VXVHWKH/,7(SRVLWLRQZKHQLJQLWLQJWKHWRS

EXUQHUV

DQGPDNHVXUHWKHEXUQHUVKDYHLJQLWHG

■ :KHQXVLQJJODVVFHUDPLFFRRNZDUHPDNHVXUHLWLV

VXLWDEOH

IRUFRRNWRSVHUYLFHRWKHUVPD\EUHDNEHFDXVH

RIVXGGHQFKDQJHLQWHPSHUDWXUH

■7RPLQLPL]HWKHSRVVLELOLW\RIEXUQVLJQLWLRQRI

IODPPDEOHPDWHULDOVDQGVSLOODJHWKHKDQGOHRID

FRQWDLQHUVKRXOGEHWXUQHGWRZDUGWKHFHQWHURIWKH

FRRNWRSZLWKRXWH[WHQGLQJRYHUQHDUE\EXUQHUV

■ :KHQSUHSDULQJIODPLQJIRRGVXQGHUDKRRGWXUQWKH

IDQRQ

■ 'RQRWXVHDZRNZLWKDURXQGPHWDOVXSSRUWULQJWKH

ULQJ

PD\WUDSKHDWDQGEORFNDLUWRWKHEXUQHUUHVXOWLQJ

LQDFDUERQPRQR[LGHKD]DUG

■ 'RQRWDWWHPSWWROLIWWKHFRRNWRS'RLQJVRPD\

GDPDJH

WKHJDVWXELQJWRWKHVXUIDFHEXUQHUVUHVXOWLQJ

LQDJDVOHDNDQGULVNRIILUH

■ :KHQGLVDEOLQJ*DV&RQWURO/RFNRXWRQVRPHPRGHOV

PDNH

VXUHWKHVXUIDFHFRQWUROVDUHVHWWRWKH2))

SRVLWLRQ7KLVZLOOSUHYHQWXQLQWHQGHGJDVIORZIURPWKH

EXUQHUV

■ 'RQRWXVHDOXPLQXPIRLOWRFRYHUWKHJUDWHVRUOLQH

DQ\

SDUWRIWKHFRRNWRS'RLQJVRPD\UHVXOWLQFDUERQ

PRQR[LGHSRLVRQLQJRYHUKHDWLQJRIWKHFRRNWRS

VXUIDFHVRUDSRWHQWLDOILUHKD]DUG

&22.7236$)(7<,16758&7,216

:$51,1*

■'RQRWVWRUHRUXVHIODPPDEOHPDWHULDOVQHDUWKH

FRRNWRSLQFOXGLQJSDSHUSODVWLFSRWKROGHUVOLQHQV

ZDOOFRYHULQJVFXUWDLQVGUDSHVDQGJDVROLQHRURWKHU

IODPPDEOHYDSRUVDQGOLTXLGV

■

1HYHUZHDUORRVHILWWLQJRUKDQJLQJJDUPHQWVZKLOH

XVLQJWKHDSSOLDQFH$YRLGVWRULQJFRPPRQO\XVHGLWHPV

LQFDELQHWVDERYHWKHFRRNWRSDQGEHFDUHIXOZKHQ

UHDFKLQJRYHUWKHFRRNWRS&ORWKLQJLQFORVHSUR[LPLW\WR

EXUQHUVRUKRWVXUIDFHVPD\LJQLWHFDXVLQJVHYHUHEXUQV

■ 'RQRWOHWFRRNLQJJUHDVHRURWKHUIODPPDEOHPDWHULDOV

DFFXPXODWHLQRUQHDUWKHFRRNWRS*UHDVHRQWKH

FRRNWRSPD\LJQLWH

■ &OHDQYHQWLODWLQJKRRGVIUHTXHQWO\*UHDVHVKRXOGQRW

EHDOORZHGWRDFFXPXODWHRQWKHKRRGRUILOWHU

.((3)/$00$%/(0$7(5,$/6$:$<)5207+(&22.723

:$51,1*

8VLQJWKHFRRNWRSEXUQHUV *($SSOLDQFHVFRP

7KURXJKRXWWKLVPDQXDOIHDWXUHVDQGDSSHDUDQFHPD\YDU\IURP\RXUPRGHO

+RZWR/LJKWD%XUQHU

0DNHVXUHWKHFRQWUROORFNNQRELVLQWKH

81/2&.SRVLWLRQ

<RXUFRRNWRSEXUQHUVDUHOLWE\HOHFWULFLJQLWLRQ

HOLPLQDWLQJWKHQHHGIRUVWDQGLQJSLORWOLJKWV

ZLWKFRQVWDQWO\EXUQLQJIODPHV

3XVKWKHFRQWURONQREGRZQDQGWXUQLWWRWKH

/,7(SRVLWLRQ$IWHUWKHEXUQHULJQLWHVWXUQ

WKHNQREWRDGMXVWWKHIODPHVL]H7RWXUQWKH

EXUQHURIIWXUQWKHNQREFORFNZLVHDVIDUDVLW

ZLOOJRWRWKH2)) SRVLWLRQ

■&KHFNWREHVXUHWKHEXUQHU\RXWXUQRQLVWKH

RQH\RXZDQWWRXVH

■%HVXUH\RXWXUQWKHFRQWURONQREWR2))

ZKHQ\RXILQLVKFRRNLQJ

■,QFDVHRIDSRZHUIDLOXUH\RXFDQOLJKWWKH

EXUQHUVZLWKDPDWFK+ROGDOLWPDWFKWR

WKHEXUQHUWKHQSXVKLQDQGWXUQWKHFRQWURO

NQREWRWKH/,7(SRVLWLRQ8VHH[WUHPHFDXWLRQ

ZKHQOLJKWLQJEXUQHUVWKLVZD\%XUQHUVLQXVH

ZKHQDQHOHFWULFDOSRZHUIDLOXUHRFFXUVZLOO

FRQWLQXHWRRSHUDWHQRUPDOO\

■'RQRWRSHUDWHWKHEXUQHUIRUDQH[WHQGHG

SHULRGRIWLPHZLWKRXWFRRNZDUHRQWKHJUDWH

7KHILQLVKRQWKHJUDWHPD\FKLSZLWKRXW

FRRNZDUHWRDEVRUEWKHKHDW

■%HVXUHWKHEXUQHUVDQGJUDWHVDUHFRRO

EHIRUH\RXSODFH\RXUKDQGDSRWKROGHU

FOHDQLQJFORWKVRURWKHUPDWHULDOVRQWKHP

&RQWURO/RFNRQVRPHPRGHOV

7RORFNWKHFRRNWRSDQGSUHYHQWXQZDQWHGXVH

WXUQWKHFRQWUROORFNNQREFRXQWHUFORFNZLVHWR

/2&.$QLQGLFDWRUOLJKWZLOOJORZWRVKRZWKDW

WKHFRRNWRSLVORFNHG

:KHQORFNHGWKHFRRNWRSZLOOVRXQGLIDQ\

FRQWURONQRELVVHWWRDQ\SRVLWLRQRWKHUWKDQ

2))

7RXQORFNWXUQWKHFRQWUROORFNNQREWR

81/2&.

UNLOCK

LOCK

CONTROL LOCK

6HDOHG*DV%XUQHUV

7KHVPDOOHVWEXUQHULQWKHULJKWUHDUDQGWKH

FHQWHUEXUQHURQVRPHPRGHOVDUHWKHVLPPHU

EXUQHUV7KHVHEXUQHUVFDQEHWXUQHGGRZQ

WR/2RU6,00(5GHSHQGLQJRQPRGHOIRUD

YHU\ORZVHWWLQJ7KH\SURYLGHSUHFLVHFRRNLQJ

SHUIRUPDQFHIRUGHOLFDWHIRRGVVXFKDVVDXFHV

RUIRRGVWKDWUHTXLUHORZKHDWIRUDORQJ

FRRNLQJWLPH

7KHPHGLXPOHIWUHDUDQGWKHODUJHOHIWIURQW

EXUQHUVDUHWKHJHQHUDOSXUSRVHEXUQHUVWKDW

FDQEHWXUQHGGRZQIURP+,WR/2WRVXLWD

ZLGHUDQJHRIFRRNLQJQHHGV

'XDO6WDFN%XUQHURQVRPHPRGHOV

7KHH[WUDODUJHULJKWIURQWEXUQHUKDVPD[LPXP

KHDWLQJDQGSUHFLVHVLPPHUFDSDELOLW\,WFDQEH

WXUQHGGRZQIURP3RZHU%RLO



WR6,00(5IRUD

ZLGHUDQJHRIFRRNLQJDSSOLFDWLRQV

3RZHU%RLO



%XUQHURQVRPHPRGHOV

7KHH[WUDODUJHULJKWIURQWEXUQHUKDVVSHFLDO

3RZHU%RLO



VHWWLQJV7KLVIHDWXUHVKRXOGRQO\EH

XVHGZLWKFRRNZDUHsRUODUJHULQGLDPHWHU

DQGIODPHVVKRXOGQHYHUEHDOORZHGWRH[WHQG

XSWKHVLGHVRIWKHFRRNZDUH7KLVIHDWXUHLV

GHVLJQHGWRTXLFNO\EULQJODUJHDPRXQWVRI

OLTXLGLQSRWVsRUODUJHULQGLDPHWHUWRDERLO



8VLQJWKHFRRNWRSEXUQHUV

&RRNZDUH

$OXPLQXP0HGLXPZHLJKWFRRNZDUHLV

UHFRPPHQGHGEHFDXVHLWKHDWVTXLFNO\DQG

HYHQO\0RVWIRRGVEURZQHYHQO\LQDOXPLQXP

FRRNZDUH8VHVDXFHSDQVZLWKWLJKWILWWLQJ

OLGVZKHQFRRNLQJZLWKPLQLPXPDPRXQWVRI

ZDWHU

(QDPHOZDUH8QGHUVRPHFRQGLWLRQVWKH

HQDPHORIVRPHFRRNZDUHPD\PHOW)ROORZ

FRRNZDUHPDQXIDFWXUHU·VUHFRPPHQGDWLRQV

IRUFRRNLQJPHWKRGV

*ODVV7KHUHDUHWZRW\SHVRIJODVVFRRNZDUH

WKRVHIRURYHQXVHRQO\DQGWKRVHIRUFRRNWRS

FRRNLQJVDXFHSDQVFRIIHHDQGWHDSRWV*ODVV

FRQGXFWVKHDWYHU\VORZO\

&DVW,URQ,IKHDWHGVORZO\PRVWFRRNZDUHZLOO

JLYHVDWLVIDFWRU\UHVXOWV

+HDWSURRI*ODVV&HUDPLF&DQEHXVHGIRU

HLWKHUVXUIDFHRURYHQFRRNLQJ,WFRQGXFWV

KHDWYHU\VORZO\DQGFRROVYHU\VORZO\&KHFN

FRRNZDUHPDQXIDFWXUHU·VGLUHFWLRQVWREHVXUH

LWFDQEHXVHGRQDJDVFRRNWRS

6WDLQOHVV6WHHO7KLVPHWDODORQHKDVSRRU

KHDWLQJSURSHUWLHVDQGLVXVXDOO\FRPELQHG

ZLWKFRSSHUDOXPLQXPRURWKHUPHWDOVIRU

LPSURYHGKHDWGLVWULEXWLRQ&RPELQDWLRQPHWDO

FRRNZDUHXVXDOO\ZRUNVVDWLVIDFWRULO\LILWLV

XVHGZLWKPHGLXPKHDWDVWKHPDQXIDFWXUHU

UHFRPPHQGV



+RPH&DQQLQJ7LSV

%HVXUHWKHFDQQHULVFHQWHUHGRYHUWKHEXUQHU

7RSUHYHQWEXUQVIURPVWHDPRUKHDWXVH

FDXWLRQZKHQFDQQLQJ

8VHUHFLSHVDQGSURFHGXUHVIURPUHSXWDEOH

VRXUFHV7KHVHDUHDYDLODEOHIURP

PDQXIDFWXUHUVVXFKDV%DOO



DQG.HUU



DQGWKH

'HSDUWPHQWRI$JULFXOWXUH([WHQVLRQ6HUYLFH

:RN7KLV:D\

:HUHFRPPHQGWKDW\RXXVHDLQFKRU

VPDOOHUIODWERWWRPHGZRN7KH\DUHDYDLODEOHDW

\RXUORFDOUHWDLOVWRUH

2QO\DIODWERWWRPHGZRNVKRXOGEHXVHG

0DNHVXUHWKHZRNERWWRPVLWVIODWRQWKH

JUDWH

'RQRWXVHDZRNVXSSRUWULQJ3ODFLQJWKH

ULQJRYHUWKHEXUQHURUJUDWHPD\FDXVHWKH

EXUQHUWRZRUNLPSURSHUO\UHVXOWLQJLQFDUERQ

PRQR[LGHOHYHOVDERYHDOORZDEOHVWDQGDUGV

7KLVFRXOGEHGDQJHURXVWR\RXUKHDOWK

8VHDIODWERWWRPHGZRN

+RZWR6HOHFW)ODPH6L]H

)RUVDIHKDQGOLQJRIFRRNZDUHQHYHUOHWWKH

IODPHVH[WHQGXSWKHVLGHVRIWKHFRRNZDUH

:DWFKWKHIODPHQRWWKHNQREDV\RXUHGXFH

KHDW7KHIODPHVL]HRQDJDVEXUQHUVKRXOG

PDWFKWKHFRRNZDUH

\RXDUHXVLQJ

$Q\IODPHODUJHUWKDQWKHERWWRPRIWKH

FRRNZDUHLVZDVWHGDQGRQO\VHUYHVWRKHDWWKH

KDQGOH

&DUHDQGFOHDQLQJRIWKHFRRNWRS *($SSOLDQFHVFRP

%HVXUHHOHFWULFDOSRZHULVRIIDQGDOOVXUIDFHVDUHFRROEHIRUHFOHDQLQJDQ\SDUWRIWKHFRRNWRS

+RZWR5HPRYH3URWHFWLYH6KLSSLQJ)LOPDQG3DFNDJLQJ7DSH

&DUHIXOO\JUDVSDFRUQHURIWKHSURWHFWLYH

VKLSSLQJILOPZLWK\RXUILQJHUVDQGVORZO\SHHO

LWIURPWKHDSSOLDQFHVXUIDFH'RQRWXVHDQ\

VKDUSLWHPVWRUHPRYHWKHILOP5HPRYHDOORI

WKHILOPEHIRUHXVLQJWKHDSSOLDQFHIRUWKHILUVW

WLPH

7RDVVXUHQRGDPDJHLVGRQHWRWKHILQLVKRI

WKHSURGXFWWKHVDIHVWZD\WRUHPRYHWKH

DGKHVLYHOHIWIURPSDFNDJLQJWDSHRQQHZ

DSSOLDQFHVLVDQDSSOLFDWLRQRIDKRXVHKROG

OLTXLGGLVKZDVKLQJGHWHUJHQW$SSO\ZLWKDVRIW

FORWKDQGDOORZWRVRDN

127(7KHDGKHVLYHPXVWEHUHPRYHGIURP

DOOSDUWVEHIRUHXVLQJWKHFRRNWRS,WFDQQRWEH

UHPRYHGLILWLVEDNHGRQ

&RQWURO.QREV

7KHFRQWURONQREVPD\EHUHPRYHGIRUHDVLHU

FOHDQLQJ

0DNHVXUHWKHNQREVDUHLQWKH2))SRVLWLRQV

DQGSXOOWKHPVWUDLJKWRIIWKHVWHPVIRU

FOHDQLQJ

7KHNQREVFDQEHFOHDQHGLQDGLVKZDVKHURU

WKH\PD\DOVREHZDVKHGZLWKVRDSDQGZDWHU

0DNHVXUHWKHLQVLGHVRIWKHNQREVDUHGU\

EHIRUHUHSODFLQJ

5HSODFHWKHNQREVLQWKH2)) SRVLWLRQWR

HQVXUHSURSHUSODFHPHQW

3XOOWKHNQREVWUDLJKWXSRIIWKHVWHP

3RUFHODLQ(QDPHO&RRNWRSRQVRPHPRGHOV

7KHSRUFHODLQHQDPHOILQLVKLVVWXUG\EXW

EUHDNDEOHLIPLVXVHG7KLVILQLVKLVDFLG

UHVLVWDQW+RZHYHUDQ\DFLGLFIRRGVVSLOOHG

VXFKDVIUXLWMXLFHVWRPDWRRUYLQHJDUVKRXOG

QRWEHSHUPLWWHGWRUHPDLQRQWKHILQLVK

,IDFLGVVSLOORQWKHFRRNWRSZKLOHLWLVKRWXVH

DGU\SDSHUWRZHORUFORWKWRZLSHLWXSULJKW

DZD\:KHQWKHVXUIDFHKDVFRROHGZDVKZLWK

DQDOOSXUSRVHFOHDQHUDQGZDWHU5LQVHZHOO

)RURWKHUVSLOOVVXFKDVIDWVSDWWHULQJVZDVKZLWK

VRDSDQGZDWHURUDQDOOSXUSRVHFOHDQHUDIWHU

WKHVXUIDFHKDVFRROHG5LQVHZHOO3ROLVKZLWKD

GU\FORWK

'RQRWXVHDVWHHOZRROSDGLWZLOOVFUDWFKWKH

VXUIDFH

7RFOHDQWKHVWDLQOHVVVWHHOVXUIDFHXVHZDUP

VXGV\ZDWHURUDVWDLQOHVVVWHHOFOHDQHURU

SROLVK$OZD\VZLSHWKHVXUIDFHLQWKHGLUHFWLRQ

RIWKHJUDLQ)ROORZWKHFOHDQHULQVWUXFWLRQVIRU

FOHDQLQJWKHVWDLQOHVVVWHHOVXUIDFH

7RLQTXLUHDERXWSXUFKDVLQJVWDLQOHVVVWHHO

DSSOLDQFHFOHDQHURUSROLVKRUWRILQGWKH

ORFDWLRQRIDGHDOHURU&DPFR3DUWV6WRUH

QHDUHVW\RXSOHDVHFDOORXUWROOIUHHQXPEHU

1DWLRQDO3DUWV&HQWHU86

 &DQDGD

*($SSOLDQFHVFRP86

ZZZ*($SSOLDQFHVFD&DQDGD

6WDLQOHVV6WHHO6XUIDFHV

RQVRPHPRGHOV



&DUHDQGFOHDQLQJRIWKHFRRNWRS



%XUQHUVDQG&RRNWRS(OHFWURGHV

7XUQDOOFRQWUROVRIIEHIRUHUHPRYLQJEXUQHU

SDUWV

7KHEXUQHUDVVHPEOLHVVKRXOGDOZD\VEH

NHSWFOHDQ6SLOORYHUVVKRXOGEHFOHDQHG

LPPHGLDWHO\WKH\FDQFORJWKHRSHQLQJVLQWKH

EXUQHUDVVHPEOLHV

5HPRYHWKHEXUQHUJUDWHVEXUQHUFDSVDQG

EXUQHUKHDGVIRUHDV\FOHDQLQJ

127(6

■'RQRWDWWHPSWWRUHPRYHWKHHOHFWURGHIURP

WKHFRRNWRSRUDQ\VFUHZVIURPWKHEXUQHU

KHDGRUEXUQHUEDVH

■'RQRWXVHVWHHOZRRORUVFRXULQJSRZGHUV

WRFOHDQWKHEXUQHUV

:$51,1*

'212723(5$7($%851(5

:,7+287$//%851(53$576

,13/$&(

&RRNWRS(OHFWURGH

127('RQRWDWWHPSWWRUHPRYH

WKHHOHFWURGHIURPWKHFRRNWRS

&OHDQWKLVPHWDOSDUW

'RQRWFOHDQWKLV

ZKLWHFHUDPLFSDUW

ZLWKDQHPHU\ERDUG

127(%HIRUHUHPRYLQJWKHEXUQHUFDSV

DQGKHDGVUHPHPEHUWKHLUVL]HDQG

ORFDWLRQ5HSODFHWKHPLQWKHVDPH

ORFDWLRQDIWHUFOHDQLQJ

%XUQHU&DSVDQG+HDGV

:DVKEXUQHUFDSVDQGEXUQHUKHDGVLQKRW

VRDS\ZDWHUDQGULQVHZLWKFOHDQUXQQLQJ

ZDWHU<RXPD\VFRXUZLWKDSODVWLFVFRXULQJ

SDGWRUHPRYHEXUQHGRQIRRGSDUWLFOHV

8VHDVHZLQJQHHGOHRUWZLVWWLHWRXQFORJWKH

VPDOOKROHVLQWKHEXUQHUKHDGLIUHTXLUHG

7RUHPRYHEXUQHGRQIRRGVRDNWKHEXUQHU

KHDGVLQDVROXWLRQRIPLOGOLTXLGGLVKZDVKLQJ

GHWHUJHQWDQGKRWZDWHUIRUXSWR²

PLQXWHVLIUHTXLUHG)RUPRUHVWXEERUQVWDLQV

XVHDWRRWKEUXVK

,IWKHVSLOOZHQWLQVLGHWKHEXUQHUKHDG

DVVHPEO\ULJKWIURQWEXUQHURQPRGHOV-*3

3*3DQG3*3ZDVKLWXQGHUUXQQLQJ

ZDWHU6KDNHWRUHPRYHDQ\H[FHVVZDWHU$LU

GU\DQGPDNHVXUHWKHVPDOOLJQLWRUKROHVDUH

RSHQ

127('RQRWZDVKDQ\EXUQHUSDUWV

LQDGLVKZDVKHU

(OHFWURGHV

7KHHOHFWURGHRIWKHVSDUNLJQLWHULVH[SRVHG

EH\RQGWKHVXUIDFHRIWKHEXUQHUEDVH:KHQ

FOHDQLQJWKHFRRNWRSEHFDUHIXOQRWWRVQDJWKH

HOHFWURGHRIWKHVSDUNLJQLWHUZLWK\RXUFOHDQLQJ

FORWK'DPDJHWRWKHLJQLWHUFRXOGRFFXU

%HFDUHIXOQRWWRSXVKLQDQ\FRRNWRSFRQWUROV

ZKLOHFOHDQLQJWKHFRRNWRS

$VOLJKWHOHFWULFDOVKRFNPLJKWUHVXOWZKLFK

FRXOGFDXVH\RXWRNQRFNRYHU

KRWFRRNZDUH

0DNHVXUHWKDWWKHZKLWHFHUDPLFHOHFWURGHV

LQWKHFRRNWRSDUHFOHDURIVRLODQGGU\&OHDQ

WKHPHWDOSDUWRIWKHHOHFWURGHZLWKDVRIWFORWK

)RUVWXEERUQKDUGHQHGVRLOFOHDQWKHPHWDO

SRUWLRQRIWKHHOHFWURGHZLWKDQHPHU\ERDUG

'RQRWFOHDQWKHZKLWHFHUDPLFSRUWLRQRIWKH

HOHFWURGHZLWKWKHHPHU\ERDUG,WLVDFFHSWDEOH

WRFOHDQWKHZKLWHSRUWLRQRIWKHHOHFWURGHZLWK

DVRIWFORWKEXWQRWZLWKDQHPHU\ERDUG

%HIRUHUHDVVHPEOLQJWKHVXUIDFHEXUQHUVSXVK

GRZQRQHDFKRIWKHZKLWHFHUDPLFHOHFWURGHV

WRPDNHVXUHWKH\DUHSUHVVHGDJDLQVWWKH

EXUQHUEDVHV

%XUQHU%DVHV

7KHEXUQHUEDVHVVKRXOGQRWEHUHPRYHGIRU

FOHDQLQJ

7RFOHDQWKHEXUQHUEDVHVXVHVRDS\ZDWHUDQG

DSODVWLFVFRXULQJSDG0DNHVXUHWKDWQRZDWHU

JHWVLQWRWKHEXUQHUEDVHVDQGWKHEUDVVJDV

RULILFHV

:LSHFOHDQZLWKDGDPSFORWK$OORZWKHPWR

GU\IXOO\EHIRUHXVLQJ

 *($SSOLDQFHVFRP

%XUQHU+HDGDQG&DS5HSODFHPHQW

5HSODFHWKHEXUQHUKHDGRQWRWKHEXUQHUEDVH

PDNLQJVXUHWKDWWKHKHDGLVSURSHUO\RULHQWHG

RYHUWKHEXUQHUEDVHDQGWKHHOHFWURGH0DNH

VXUHWRSODFHWKHFRUUHFWEXUQHUKHDGRQWKH

FRUUHFWEXUQHUEDVHDQGWKDWWKHEXUQHUKHDG

VLWVOHYHORQWKHEXUQHUEDVH7KHEXUQHUKHDGV

DUHQRWLQWHUFKDQJHDEOH

5HSODFHWKHEXUQHUFDSRQWRWKHEXUQHUKHDG

PDNLQJVXUHWRSODFHWKHFRUUHFWEXUQHUFDSRQ

WKHFRUUHFWEXUQHUKHDG7KHEXUQHUFDSVDUH

QRWLQWHUFKDQJHDEOH$OVRPDNHVXUHWKDWWKH

EXUQHUFDSVDUHSURSHUO\VHDWHGRQWKHEXUQHU

KHDGV

-*3-*3-*33*3

DQG3*3

-*3DQG-*3DOOEXUQHUV

0DNHVXUHWKHVORWLQWKHEXUQHUKHDGLVSRVLWLRQHG

RYHUWKHHOHFWURGH7KHEXUQHUFDSKDVWKUHH

WRIRXUSLQV:KHQUHSODFLQJWKHFDSPDNHVXUH

QRQHRIWKHSLQVVLWVLQWKHVWDELOLW\FKDPEHU

0DNHVXUHWKHKROHLQWKHEXUQHUKHDGDVVHPEO\

LVSRVLWLRQHGRYHUWKHHOHFWURGHDQGWKDWWKHEXUQHU

KHDGLVIXOO\LQVHUWHGLQVLGHWKHEXUQHUEDVH$VPDOO

JDSEHWZHHQWKHEDVHDQGKHDGLVQRUPDO

%XUQHUFDS

%XUQHUKHDG

%XUQHUEDVH

(OHFWURGH

%XUQHU*UDWHV

<RXUFRRNWRSKDVSURIHVVLRQDOVW\OHJUDWHV

7KHVHJUDWHVDUHGHVLJQHGIRUVSHFLILF

SRVLWLRQV7KHVHJUDWHVVKRXOGRQO\EHXVHG

LQWKHLUSURSHUSRVLWLRQVWKH\VKRXOGQRWEH

LQWHUFKDQJHG)RU\RXUFRQYHQLHQFHWKH

XQGHUVLGHVRI

WKHOHIWDQGULJKWJUDWHVDUHPDUNHG´2876,'(µ

DQG´,16,'(µ0DNHVXUHWKDWWKHVLGHVPDUNHG

´2876,'(µDUHIDFLQJWKHRXWHUHGJHRIWKH

FRRNWRSDQGWKHVLGHVPDUNHG´,16,'(µDUH

IDFLQJHDFKRWKHU$OOJUDWHVVKRXOG

WRXFKRQFHWKH\DUHIXOO\DVVHPEOHG

RQWKHFRRNWRSVXUIDFH

)RUFRRNWRSVZLWKWKUHHJUDWHVPDNH

VXUHWKDWWKHWDEVRQHLWKHUVLGHRI

WKHFHQWHUJUDWHILWLQWRWKHVORWV

ORFDWHGRQWKH´,16,'(µHGJHRIWKH

VLGHJUDWHV

/LIWWKHEXUQHUJUDWHVRXWRQO\ZKHQFRRO

*UDWHVVKRXOGEHZDVKHGUHJXODUO\DQGRI

FRXUVHDIWHUVSLOORYHUV:DVKWKHPLQWKH

GLVKZDVKHURULQKRWVRDS\ZDWHUDQGULQVH

ZLWKFOHDQZDWHU:KHQUHSODFLQJWKHJUDWHV

EHVXUHWKH\DUHSRVLWLRQHGVHFXUHO\RYHUWKH

EXUQHUV

$OWKRXJKWKH\DUHGXUDEOHWKHJUDWHVZLOO

JUDGXDOO\ORVHWKHLUVKLQHUHJDUGOHVVRIWKH

EHVWFDUH\RXFDQJLYHWKHP7KLVLVGXHWRWKHLU

FRQWLQXDOH[SRVXUHWRKLJKWHPSHUDWXUHV<RX

ZLOOQRWLFHWKLVVRRQHUZLWKOLJKWHUFRORUJUDWHV

'RQRWRSHUDWHDEXUQHUIRUDQH[WHQGHGSHULRG

RIWLPHZLWKRXWFRRNZDUHRQWKHJUDWH7KH

ILQLVKRQWKHJUDWHPD\FKLSZLWKRXWFRRNZDUH

WRDEVRUEWKHKHDW

127('RQRWFOHDQWKHJUDWHVLQDVHOIFOHDQLQJ

RYHQ

2QVRPHPRGHOV

´2876,'(µ

HGJH

´2876,'(µ

HGJH

´,16,'(µ

HGJHV



%XUQHUFDSQRWSURSHUO\VHDWHG

%XUQHUFDSSURSHUO\VHDWHG

/RFDWRU

SLQV

3LQ

LQGHQWDWLRQV

%XUQHU

EDVH

(OHFWURGH

%XUQHUKHDG

%XUQHUFDS

0DNHVXUHWKHSLQVLQWKHEXUQHUKHDGVPDWFK

WKHEXUQHUEDVHLQGHQWDWLRQVDQGWKDWWKH\DUH

SURSHUO\VHDWHGLQWKHPE\URWDWLQJWKHKHDGV

XQWLOWKH\DUHOHYHO

-*33*3DQG3*3

ULJKWIURQWEXUQHURQO\

%XUQHUFDS

%XUQHUKHDG

DVVHPEO\

%XUQHU

EDVH

(OHFWURGH

6WDELOLW\

FKDPEHU

2QVRPHPRGHOV

´2876,'(µ

HGJH

´2876,'(µ

HGJH

´,16,'(µ

HGJHV

7DEV

2ULILFH



&OHDQLQJWKHJODVVFRRNWRSVXUIDFHRQVRPHPRGHOV

$OORZWKHFRRNWRSWRFRRO

5HPRYHWKHEXUQHUJUDWHV8VHDVLQJOH

HGJHUD]RUEODGHVFUDSHUDW

DSSUR[LPDWHO\DDQJOHDJDLQVWWKH

JODVVVXUIDFHDQGVFUDSHWKHVRLO,WZLOO

EHQHFHVVDU\WRDSSO\SUHVVXUHWRWKH

UD]RUVFUDSHULQRUGHUWRUHPRYHWKH

UHVLGXH

$IWHUVFUDSLQJZLWKWKHUD]RUVFUDSHU

VSUHDGDIHZGURSVRI&(5$0$%5<7(





&HUDPLF&RRNWRS&OHDQHURQWKHHQWLUH

EXUQHGUHVLGXHDUHD8VHWKH&(5$0$

%5<7(



&OHDQLQJ3DGWRUHPRYHDQ\

UHPDLQLQJUHVLGXH

)RUDGGLWLRQDOSURWHFWLRQDIWHUDOO

UHVLGXHKDVEHHQUHPRYHGSROLVKWKH

HQWLUHVXUIDFHZLWK&(5$0$%5<7(





&HUDPLF&RRNWRS&OHDQHUDQGDSDSHU

WRZHO

%XUQHG2Q5HVLGXH

:$51,1*'$0$*(WR\RXU

JODVVVXUIDFHPD\RFFXULI\RXXVHVFUXE

SDGVRWKHUWKDQWKRVHUHFRPPHQGHG

$OORZWKHFRRNWRSWRFRRO

5HPRYHWKHEXUQHUJUDWHVDQGVSUHDGD

IHZGURSVRI&(5$0$%5<7(



&HUDPLF

&RRNWRS&OHDQHURQWKHHQWLUHEXUQHG

UHVLGXHDUHD

8VLQJWKHLQFOXGHG&(5$0$%5<7(





&OHDQLQJ3DGIRU&HUDPLF&RRNWRSVUXE

WKHUHVLGXHDUHDDSSO\LQJSUHVVXUHDV

QHHGHG

,IDQ\UHVLGXHUHPDLQVUHSHDWWKHVWHSV

OLVWHGDERYHDVQHHGHG

)RUDGGLWLRQDOSURWHFWLRQDIWHUDOO

UHVLGXHKDVEHHQUHPRYHGSROLVKWKH

HQWLUHVXUIDFHZLWK&(5$0$%5<7(





&HUDPLF&RRNWRS&OHDQHUDQGDSDSHU

WRZHO

+HDY\%XUQHG2Q5HVLGXH

1RUPDO'DLO\8VH&OHDQLQJ

21/<XVH&(5$0$%5<7(



&HUDPLF&RRNWRS

&OHDQHURQWKHJODVVFRRNWRS2WKHUFUHDPV

PD\QRWEHDVHIIHFWLYH

7RPDLQWDLQDQGSURWHFWWKHVXUIDFHRI\RXU

JODVVFRRNWRSIROORZWKHVHVWHSV

%HIRUHXVLQJWKHFRRNWRSIRUWKHILUVWWLPH

UHPRYHWKHEXUQHUJUDWHVDQGFOHDQWKH

FRRNWRSZLWK&(5$0$%5<7(



&HUDPLF

&RRNWRS&OHDQHU7KLVKHOSVSURWHFWWKH

WRSDQGPDNHVFOHDQXSHDVLHU

'DLO\XVHRI&(5$0$%5<7(



&HUDPLF

&RRNWRS&OHDQHUZLOOKHOSNHHSWKH

FRRNWRSORRNLQJQHZ

6KDNHWKHFOHDQLQJFUHDPZHOO$SSO\D

IHZGURSVRI&(5$0$%5<7(



&HUDPLF

&RRNWRS&OHDQHUGLUHFWO\WRWKHFRRNWRS

8VHDSDSHUWRZHORU&(5$0$%5<7(





&OHDQLQJ3DGIRU&HUDPLF&RRNWRSVWR

FOHDQWKHHQWLUHFRRNWRSVXUIDFH

8VHDGU\FORWKRUSDSHUWRZHOWR

UHPRYHDOOFOHDQLQJUHVLGXH1RQHHGWR

ULQVH

127(,WLVYHU\LPSRUWDQWWKDW\RX'2127

KHDWWKHFRRNWRSXQWLOLWKDVEHHQFOHDQHG

WKRURXJKO\

&OHDQ\RXUFRRNWRSDIWHU

HDFKVSLOO8VH&(5$0$

%5<7(



&HUDPLF&RRNWRS

&OHDQHU

8VHD&(5$0$%5<7(



&OHDQLQJ

3DGIRU&HUDPLF&RRNWRSV

7KH&(5$0$%5<7(



&HUDPLF

&RRNWRS6FUDSHUDQGDOO

UHFRPPHQGHGVXSSOLHVDUH

DYDLODEOHWKURXJKRXU3DUWV&HQWHU

6HHLQVWUXFWLRQVXQGHU´7R2UGHU

3DUWVµVHFWLRQRQQH[WSDJH

127('RQRWXVHDGXOORU

QLFNHGEODGH



 *($SSOLDQFHVFRP

7RRUGHU&(5$0$%5<7(



&HUDPLF&RRNWRS

&OHDQHUDQGWKHFRRNWRSVFUDSHUSOHDVHFDOO

RXUWROOIUHHQXPEHU

1DWLRQDO3DUWV&HQWHU 

&(5$0$%5<7(



&HUDPLF

&RRNWRS&OHDQHU:;;

&(5$0$%5<7(



&HUDPLF

&RRNWRS6FUDSHU:;;

.LW:%;

.LWLQFOXGHVFUHDPDQGFRRNWRSVFUDSHU

&(5$0$%5<7(



&OHDQLQJ3DGVIRU&HUDPLF

&RRNWRSV:;;

 7XUQRIIDOOVXUIDFHEXUQHUVDQGZLWKDQ

RYHQPLWWUHPRYHKRWSDQVDQGJUDWHV

 :HDULQJDQRYHQPLWW

D8VHDVLQJOHHGJHUD]RUEODGHVFUDSHU

&(5$0$%5<7(



&HUDPLF&RRNWRS

6FUDSHUWRPRYHWKHVSLOOWRDFRRODUHD

RQWKHFRRNWRS

 E5HPRYHWKHVSLOOZLWKSDSHUWRZHOV

 $Q\UHPDLQLQJVSLOORYHUVKRXOGEHOHIWXQWLO

WKHVXUIDFHRIWKHFRRNWRSKDVFRROHG

 'RQ·WXVHWKHVXUIDFHXQLWVDJDLQXQWLODOO

RIWKHUHVLGXHKDVEHHQFRPSOHWHO\

UHPRYHG

127(,ISLWWLQJRULQGHQWDWLRQLQWKHJODVV

VXUIDFHKDVDOUHDG\RFFXUUHGWKHFRRNWRSJODVV

ZLOOKDYHWREHUHSODFHG,QWKLVFDVHVHUYLFHZLOO

EHQHFHVVDU\

'DPDJHIURP6XJDU\6SLOOVDQG0HOWHG3ODVWLF

2XUWHVWLQJVKRZVWKDWLI

\RXDUHFRRNLQJKLJKVXJDU

PL[WXUHVVXFKDVMHOO\RU

IXGJHDQGKDYHDVSLOORYHU

LWFDQFDXVHSHUPDQHQW

GDPDJHWRWKHJODVV

VXUIDFHXQOHVVWKHVSLOORYHU

LVLPPHGLDWHO\UHPRYHG

 %HFDUHIXOQRWWRVOLGHSRWVDQGSDQV

DFURVV\RXUFRRNWRS,WZLOOOHDYHPHWDO

PDUNLQJVRQWKHFRRNWRSVXUIDFH

 7KHVHPDUNVDUHUHPRYDEOHXVLQJWKH

&(5$0$%5<7(



&HUDPLF&RRNWRS&OHDQHU

ZLWKWKH&(5$0$%5<7(



&OHDQLQJ3DGIRU

&HUDPLF&RRNWRSV

 ,ISRWVZLWKDWKLQRYHUOD\RIDOXPLQXPRU

FRSSHUDUHDOORZHGWRERLOGU\WKHRYHUOD\

PD\OHDYHEODFNGLVFRORUDWLRQRQWKH

FRRNWRS

7KLVVKRXOGEHUHPRYHGLPPHGLDWHO\

EHIRUHKHDWLQJDJDLQRUWKHGLVFRORUDWLRQ

PD\EHSHUPDQHQW

:$51,1*&DUHIXOO\FKHFN

WKHERWWRPRISDQVIRUURXJKQHVVWKDWZRXOG

VFUDWFKWKHFRRNWRS

0HWDO0DUNVDQG6FUDWFKHV

7R2UGHU3DUWV

*ODVVVXUIDFH³SRWHQWLDOIRUSHUPDQHQWGDPDJH



%HIRUH\RXFDOOIRUVHUYLFH«

7URXEOHVKRRWLQJ7LSV

6DYHWLPHDQGPRQH\5HYLHZWKHFKDUWVRQWKHVHSDJHV

ILUVWDQG\RXPD\QRWQHHGWRFDOOIRUVHUYLFH

3UREOHP 3RVVLEOH&DXVHV :KDW7R'R

%XUQHUVKDYH\HOORZRU 7KHFRPEXVWLRQTXDOLW\RI 8VHWKHLOOXVWUDWLRQVEHORZWRGHWHUPLQHLI\RXUEXUQHU

\HOORZWLSSHGIODPHV EXUQHUIODPHVQHHGVWREH  IODPHVDUHQRUPDO,IEXUQHUIODPHVORRNOLNH$FDOOIRU

 GHWHUPLQHGYLVXDOO\  VHUYLFH1RUPDOEXUQHUIODPHVVKRXOGORRNOLNH%RU&

   GHSHQGLQJRQWKHW\SHRIJDV\RXXVH:LWK/3JDVVRPH

   \HOORZWLSSLQJRQRXWHUFRQHVLVQRUPDO

 

  $²<HOORZIODPHV %²<HOORZWLSV &²6RIWEOXHIODPHV

   &DOOIRUVHUYLFH RQRXWHUFRQHV 1RUPDOIRUQDWXUDO

    1RUPDOIRU/3JDV JDV

&RQWURONQREV .QRELVQ·WSXVKHGGRZQ 7RWXUQIURPWKH2)) SRVLWLRQSXVKWKHNQREGRZQ

ZLOOQRWWXUQ   DQGWKHQWXUQ

%XUQHUVGR 3OXJRQFRRNWRSLVQRW 0DNHVXUHHOHFWULFDOSOXJLVSOXJJHGLQWRDOLYHSURSHUO\

QRWOLJKW FRPSOHWHO\LQVHUWHGLQWKH  JURXQGHGRXWOHW

 HOHFWULFDORXWOHW

 *DVVXSSO\QRWFRQQHFWHG 6HHWKH,QVWDOODWLRQ,QVWUXFWLRQVWKDWFDPHZLWK\RXU

 RUWXUQHGRQ  FRRNWRS

 $IXVHLQ\RXUKRPHPD\EH 5HSODFHWKHIXVHRUUHVHWWKHFLUFXLWEUHDNHU

 EORZQRUWKHFLUFXLWEUHDNHU

 WULSSHG

 %XUQHUSDUWVQRWUHSODFHG 6HHWKH&DUHDQGFOHDQLQJRIWKHFRRNWRSVHFWLRQ

 FRUUHFWO\

 7KHHOHFWURGHVXQGHUWKH 6HHWKH&DUHDQGFOHDQLQJRIWKHFRRNWRSVHFWLRQ

 EXUQHUVDUHVRLOHG

 7KHZKLWHFHUDPLFHOHFWURGHV 6HHWKH&DUHDQGFOHDQLQJRIWKHFRRNWRSVHFWLRQ

 DUHQRWVHFXUHO\VHDWHGXQGHU

 WKHEXUQHUV

 &RRNWRSLVORFNHG 8QORFNWKHFRRNWRS6HHWKH8VLQJWKHFRRNWRS

 EXUQHUVVHFWLRQ

 7KHLJQLWHUKROHRQVRPH 6HHWKH&DUHDQGFOHDQLQJRIWKHFRRNWRSVHFWLRQ

 PRGHOVLVSOXJJHG 

7LFNLQJVRXQGRIVSDUN &RQWURONQRELVVWLOO 7XUQWKHNQRERXWRIWKH/,7(SRVLWLRQWRWKHGHVLUHGVHWWLQJ

LJQLWHUSHUVLVWVDIWHU LQWKH/,7(SRVLWLRQ 7XUQWKHEXUQHURIIDQGUHOLJKW,IWLFNLQJLVVWLOOSUHVHQW

EXUQHUOLJKWV   FDOOIRUVHUYLFH

%XUQHUIODPHVYHU\ ,PSURSHUDLUWRJDVUDWLR ,IFRRNWRSLVFRQQHFWHGWR/3JDVFKHFNDOOVWHSV

ODUJHRU\HOORZ   LQWKH,QVWDOODWLRQ,QVWUXFWLRQVWKDWFDPHZLWK

   \RXUFRRNWRS







*($SSOLDQFHVFRP

3UREOHP 3RVVLEOH&DXVHV :KDW7R'R

&RRNWRSPDNHVVRXQG 7KHFRRNWRSLVORFNHG 7XUQWKHFRQWUROORFNNQREWR81/2&.

ZKHQDFRQWURONQRE RQVRPHPRGHOV

LVWXUQHGRQ

6FUDWFKHVRQFRRNWRS &RRNZDUHKDVEHHQVOLG 6HHWKH&OHDQLQJWKHJODVVFRRNWRSVXUIDFHVHFWLRQ

JODVVVXUIDFH DFURVVWKHFRRNWRSVXUIDFH 

 OHDYLQJGHSRVLWV

 ,QFRUUHFWFOHDQLQJ 6FUDWFKHVDUHQRWUHPRYDEOH7LQ\VFUDWFKHVZLOO

 PHWKRGVEHLQJXVHG  EHFRPHOHVVYLVLEOHLQWLPHDVDUHVXOWRIFOHDQLQJ



&RRNZDUHZLWKURXJKERWWRPV 7RDYRLGVFUDWFKHVXVHWKHUHFRPPHQGHGFOHDQLQJ

 EHLQJXVHGRUFRDUVHSDUWLFOHV  SURFHGXUHV0DNHVXUHERWWRPVRIFRRNZDUHDUHFOHDQ

 VDOWRUVDQGZHUHEHWZHHQ  EHIRUHXVHDQGXVHFRRNZDUHZLWKVPRRWKERWWRPV

 WKHFRRNZDUHDQGWKHVXUIDFH

 RIWKHFRRNWRS

$UHDVRIGLVFRORUDWLRQ +RWVXUIDFHRQDPRGHO 7KLVLVQRUPDO7KHVXUIDFHPD\DSSHDUGLVFRORUHG

RQWKHJODVVFRRNWRS ZLWKDOLJKWFRORUHGFRRNWRS  ZKHQLWLVKRW7KLVLVWHPSRUDU\DQGZLOOGLVDSSHDU

VXUIDFH   DVWKHJODVVFRROV

 )RRGVSLOORYHUVQRWFOHDQHG 6HHWKH&OHDQLQJWKHJODVVFRRNWRSVXUIDFHVHFWLRQ

 EHIRUHQH[WXVH

3ODVWLFPHOWHG +RWFRRNWRSFDPHLQWR 6HHWKH*ODVVVXUIDFH³SRWHQWLDOIRUSHUPDQHQW

WRWKHJODVVFRRNWRS FRQWDFWZLWKSODVWLFSODFHGGDPDJHVHFWLRQLQWKH&OHDQLQJWKHJODVVFRRNWRS

VXUIDFH RQWKHKRWFRRNWRS  VXUIDFHVHFWLRQ

3LWWLQJRULQGHQWDWLRQ +RWVXJDUPL[WXUHVSLOOHG &DOODTXDOLILHGWHFKQLFLDQIRUUHSODFHPHQW

RIWKHFRRNWRS RQWKHFRRNWRS

1RWHV





OWNERSHIP REGISTRATION

P.O. BOX 1780

MISSISSAUGA, ONTARIO

L4Y 4G1

(FOR CANADIAN CONSUMERS ONLY)

Please place in envelope and mail to:

Veuillez mettre dans une enveloppe et envoyez à :





1RWHV



*(*DV&RRNWRS:DUUDQW\

)RU&XVWRPHUVLQWKH8QLWHG6WDWHV

)RU7KH3HULRG2I *(:LOO5HSODFH

2QH<HDU $Q\SDUWRIWKHFRRNWRSZKLFKIDLOVGXHWRDGHIHFWLQPDWHULDOVRUZRUNPDQVKLS

)URPWKHGDWHRIWKH 'XULQJWKLVOLPLWHGRQH\HDUZDUUDQW\*(ZLOODOVRSURYLGHIUHHRIFKDUJHDOOODERU

RULJLQDOSXUFKDVH DQGUHODWHGVHUYLFHFRVWVWRUHSODFHWKHGHIHFWLYHSDUW

■6HUYLFHWULSVWR\RXUKRPHWRWHDFK\RXKRZWRXVH

WKHSURGXFW

■,PSURSHULQVWDOODWLRQGHOLYHU\RUPDLQWHQDQFH

■)DLOXUHRIWKHSURGXFWLILWLVDEXVHGPLVXVHG

RUXVHGIRURWKHUWKDQWKHLQWHQGHGSXUSRVHRU

XVHGFRPPHUFLDOO\

■5HSODFHPHQWRIKRXVHIXVHVRUUHVHWWLQJRIFLUFXLW

EUHDNHUV

■'DPDJHWRWKHSURGXFWFDXVHGE\DFFLGHQWILUHIORRGVRU

DFWVRI*RG

■,QFLGHQWDORUFRQVHTXHQWLDOGDPDJHFDXVHGE\SRVVLEOH

GHIHFWVZLWKWKLVDSSOLDQFH

■'DPDJHFDXVHGDIWHUGHOLYHU\

■3URGXFWQRWDFFHVVLEOHWRSURYLGHUHTXLUHGVHUYLFH

:KDW*(:LOO1RW&RYHU

7KLVZDUUDQW\LVH[WHQGHGWRWKHRULJLQDOSXUFKDVHUDQGDQ\VXFFHHGLQJRZQHUIRUSURGXFWVSXUFKDVHGIRUKRPH

XVHZLWKLQWKH86$,IWKHSURGXFWLVORFDWHGLQDQDUHDZKHUHVHUYLFHE\D*($XWKRUL]HG6HUYLFHULVQRWDYDLODEOH\RX

PD\EHUHVSRQVLEOHIRUDWULSFKDUJHRU\RXPD\EHUHTXLUHGWREULQJWKHSURGXFWWRDQ$XWKRUL]HG*(6HUYLFHORFDWLRQ

IRUVHUYLFH,Q$ODVNDWKHZDUUDQW\H[FOXGHVWKHFRVWRIVKLSSLQJRUVHUYLFHFDOOVWR\RXUKRPH

6RPHVWDWHVGRQRWDOORZWKHH[FOXVLRQRUOLPLWDWLRQRILQFLGHQWDORUFRQVHTXHQWLDOGDPDJHV7KLVZDUUDQW\JLYHV

\RXVSHFLILFOHJDOULJKWVDQG\RXPD\DOVRKDYHRWKHUULJKWVZKLFKYDU\IURPVWDWHWRVWDWH7RNQRZZKDW\RXU

OHJDOULJKWVDUHFRQVXOW\RXUORFDORUVWDWHFRQVXPHUDIIDLUVRIILFHRU\RXUVWDWH·V$WWRUQH\*HQHUDO

:DUUDQWRU*HQHUDO(OHFWULF&RPSDQ\/RXLVYLOOH.<

$OOZDUUDQW\VHUYLFHSURYLGHGE\RXU)DFWRU\6HUYLFH

&HQWHUVRUDQDXWKRUL]HG&XVWRPHU&DUH



WHFKQLFLDQ

7RVFKHGXOHVHUYLFHYLVLWXVRQOLQHDW*($SSOLDQFHVFRP

RUFDOO*(&$5(63OHDVHKDYHVHULDO

QXPEHUDQGPRGHOQXPEHUDYDLODEOHZKHQFDOOLQJIRUVHUYLFH

6WDSOH\RXUUHFHLSWKHUH

3URRIRIWKHRULJLQDOSXUFKDVH

GDWHLVQHHGHGWRREWDLQVHUYLFH

XQGHUWKHZDUUDQW\

(;&/86,212),03/,(':$55$17,(6³<RXUVROHDQGH[FOXVLYHUHPHG\LVSURGXFWUHSDLUDVSURYLGHGLQWKLV/LPLWHG

:DUUDQW\$Q\LPSOLHGZDUUDQWLHVLQFOXGLQJWKHLPSOLHGZDUUDQWLHVRIPHUFKDQWDELOLW\RUILWQHVVIRUDSDUWLFXODU

SXUSRVHDUHOLPLWHGWRRQH\HDURUWKHVKRUWHVWSHULRGDOORZHGE\ODZ







*DV&RRNWRS:DUUDQW\

)RU&XVWRPHUVLQ&DQDGD

$OOZDUUDQW\VHUYLFHSURYLGHGE\RXU)DFWRU\6HUYLFH&HQWUHV

RUDQDXWKRUL]HG&XVWRPHU&DUH



WHFKQLFLDQ7RVFKHGXOH

VHUYLFHYLVLWXVRQOLQHDWZZZ*($SSOLDQFHVFDRUFDOO

3OHDVHKDYHVHULDOQXPEHUDQGPRGHOQXPEHU

DYDLODEOHZKHQFDOOLQJIRUVHUYLFH

)RU7KH3HULRG2I 0DEH:LOO5HSODFH

2QH<HDU $Q\SDUWRIWKHFRRNWRSZKLFKIDLOVGXHWRDGHIHFWLQPDWHULDOVRUZRUNPDQVKLS

)URPWKHGDWHRIWKH 'XULQJWKLVOLPLWHGRQH\HDUZDUUDQW\0DEHZLOODOVRSURYLGHIUHHRIFKDUJHDOOODERU

RULJLQDOSXUFKDVH DQGUHODWHGVHUYLFHFRVWVWRUHSODFHWKHGHIHFWLYHSDUW

■6HUYLFHWULSVWR\RXUKRPHWRWHDFK\RXKRZWRXVH

WKHSURGXFW

■,PSURSHULQVWDOODWLRQGHOLYHU\RUPDLQWHQDQFH

■)DLOXUHRIWKHSURGXFWLILWLVDEXVHGPLVXVHG

RUXVHGIRURWKHUWKDQWKHLQWHQGHGSXUSRVHRU

XVHGFRPPHUFLDOO\

■5HSODFHPHQWRIKRXVHIXVHVRUUHVHWWLQJRIFLUFXLW

EUHDNHUV

■'DPDJHWRWKHSURGXFWFDXVHGE\DFFLGHQWILUHIORRGVRU

DFWVRI*RG

■,QFLGHQWDORUFRQVHTXHQWLDOGDPDJHFDXVHGE\SRVVLEOH

GHIHFWVZLWKWKLVDSSOLDQFH

■'DPDJHFDXVHGDIWHUGHOLYHU\

■3URGXFWQRWDFFHVVLEOHWRSURYLGHUHTXLUHGVHUYLFH

:KDW0DEH:LOO1RW&RYHU

6WDSOH\RXUUHFHLSWKHUH

3URRIRIWKHRULJLQDOSXUFKDVHGDWH

LVQHHGHGWRREWDLQVHUYLFHXQGHUWKH

ZDUUDQW\

(;&/86,212),03/,(':$55$17,(6³<RXUVROHDQGH[FOXVLYHUHPHG\LVSURGXFWUHSDLUDVSURYLGHGLQWKLV/LPLWHG

:DUUDQW\$Q\LPSOLHGZDUUDQWLHVLQFOXGLQJWKHLPSOLHGZDUUDQWLHVRIPHUFKDQWDELOLW\RUILWQHVVIRUDSDUWLFXODU

SXUSRVHDUHOLPLWHGWRRQH\HDURUWKHVKRUWHVWSHULRGDOORZHGE\ODZ

7KLVZDUUDQW\LVH[WHQGHGWRWKHRULJLQDOSXUFKDVHUDQGDQ\VXFFHHGLQJRZQHUIRUSURGXFWVSXUFKDVHGLQ&DQDGD

IRUKRPHXVHZLWKLQ&DQDGD,QKRPHZDUUDQW\VHUYLFHZLOOEHSURYLGHGLQDUHDVZKHUHLWLVDYDLODEOHDQGGHHPHG

UHDVRQDEOHE\0DEHWRSURYLGH

6RPHSURYLQFHVGRQRWDOORZWKHH[FOXVLRQRUOLPLWDWLRQRILQFLGHQWDORUFRQVHTXHQWLDOGDPDJHVVRWKHDERYHH[FOXVLRQ

PD\QRWDSSO\WR\RX7KLVZDUUDQW\JLYHV\RXVSHFLILFOHJDOULJKWVDQG\RXPD\DOVRKDYHRWKHUULJKWVZKLFKYDU\IURP

SURYLQFHWRSURYLQFH7RNQRZZKDW\RXUOHJDOULJKWVDUHLQ\RXUSURYLQFHFRQVXOW\RXUORFDORUSURYLQFLDOFRQVXPHU

DIIDLUVRIILFH

:DUUDQWRU0DEH&DQDGD,QF

%XUOLQJWRQ2QWDULR

&RQVXPHU6XSSRUW

*($SSOLDQFHV:HEVLWH ,QWKH86*($SSOLDQFHVFRP

+DYHDTXHVWLRQRUQHHGDVVLVWDQFHZLWK\RXUDSSOLDQFH"7U\WKH*($SSOLDQFHV:HEVLWHKRXUVDGD\

DQ\GD\RIWKH\HDU)RUJUHDWHUFRQYHQLHQFHDQGIDVWHUVHUYLFH\RXFDQQRZGRZQORDG2ZQHU·V0DQXDOV

RUGHUSDUWVRUHYHQVFKHGXOHVHUYLFHRQOLQH,Q&DQDGDZZZ*($SSOLDQFHVFD

6FKHGXOH6HUYLFH ,QWKH86*($SSOLDQFHVFRP

([SHUW*(UHSDLUVHUYLFHLVRQO\RQHVWHSDZD\IURP\RXUGRRU*HWRQOLQHDQGVFKHGXOH\RXUVHUYLFHDW\RXU

FRQYHQLHQFHDQ\GD\RIWKH\HDU2UFDOO*(&$5(6GXULQJQRUPDOEXVLQHVVKRXUV

,Q&DQDGDFDOO

5HDO/LIH'HVLJQ6WXGLR ,QWKH86*($SSOLDQFHVFRP

*(VXSSRUWVWKH8QLYHUVDO'HVLJQFRQFHSW³SURGXFWVVHUYLFHVDQGHQYLURQPHQWVWKDWFDQEHXVHGE\SHRSOHRI

DOODJHVVL]HVDQGFDSDELOLWLHV:HUHFRJQL]HWKHQHHGWRGHVLJQIRUDZLGHUDQJHRISK\VLFDODQGPHQWDODELOLWLHV

DQGLPSDLUPHQWV)RUGHWDLOVRI*(·V8QLYHUVDO'HVLJQDSSOLFDWLRQVLQFOXGLQJNLWFKHQGHVLJQLGHDVIRUSHRSOHZLWK

GLVDELOLWLHVFKHFNRXWRXU:HEVLWHWRGD\)RUWKHKHDULQJLPSDLUHGSOHDVHFDOO7''*($&

,Q&DQDGDFRQWDFW 0DQDJHU&RQVXPHU5HODWLRQV0DEH&DQDGD,QF

6XLWH)DFWRU\/DQH

0RQFWRQ1%(&0

([WHQGHG:DUUDQWLHV ,QWKH86*($SSOLDQFHVFRP

3XUFKDVHD*(H[WHQGHGZDUUDQW\DQGOHDUQDERXWVSHFLDOGLVFRXQWVWKDWDUHDYDLODEOHZKLOH\RXUZDUUDQW\LVVWLOO

LQHIIHFW<RXFDQSXUFKDVHLWRQOLQHDQ\WLPHRUFDOOGXULQJQRUPDOEXVLQHVVKRXUV*(&RQVXPHU+RPH

6HUYLFHVZLOOVWLOOEHWKHUHDIWHU\RXUZDUUDQW\H[SLUHV,Q&DQDGDFDOO

3DUWVDQG$FFHVVRULHV ,QWKH86*($SSOLDQFHVFRP

,QGLYLGXDOVTXDOLILHGWRVHUYLFHWKHLURZQDSSOLDQFHVFDQKDYHSDUWVRUDFFHVVRULHVVHQWGLUHFWO\WRWKHLUKRPHV9,6$

0DVWHU&DUGDQG'LVFRYHUFDUGVDUHDFFHSWHG2UGHURQOLQHWRGD\KRXUVHYHU\GD\RUE\SKRQHDW

GXULQJQRUPDOEXVLQHVVKRXUV

,QVWUXFWLRQVFRQWDLQHGLQWKLVPDQXDOFRYHUSURFHGXUHVWREHSHUIRUPHGE\DQ\XVHU2WKHUVHUYLFLQJJHQHUDOO\VKRXOG

EHUHIHUUHGWRTXDOLILHGVHUYLFHSHUVRQQHO&DXWLRQPXVWEHH[HUFLVHGVLQFHLPSURSHUVHUYLFLQJPD\FDXVHXQVDIH

RSHUDWLRQ

&XVWRPHUVLQ&DQDGDVKRXOGFRQVXOWWKH\HOORZSDJHVIRUWKHQHDUHVW0DEHVHUYLFHFHQWHURUFDOO

&RQWDFW8V  ,QWKH86*($SSOLDQFHVFRP

,I\RXDUHQRWVDWLVILHGZLWKWKHVHUYLFH\RXUHFHLYHIURP*(FRQWDFWXVRQRXU:HEVLWHZLWKDOOWKHGHWDLOVLQFOXGLQJ

\RXUSKRQHQXPEHURUZULWHWR *HQHUDO0DQDJHU&XVWRPHU5HODWLRQV

*($SSOLDQFHV$SSOLDQFH3DUN

/RXLVYLOOH.<

,Q&DQDGDZZZ*($SSOLDQFHVFDRUZULWHWR 'LUHFWRU&RQVXPHU5HODWLRQV0DEH&DQDGD,QF

6XLWH)DFWRU\/DQH

0RQFWRQ1%(&0

5HJLVWHU<RXU$SSOLDQFH ,QWKH86*($SSOLDQFHVFRP

5HJLVWHU\RXUQHZDSSOLDQFHRQOLQH³DW\RXUFRQYHQLHQFH7LPHO\SURGXFWUHJLVWUDWLRQZLOODOORZIRUHQKDQFHG

FRPPXQLFDWLRQDQGSURPSWVHUYLFHXQGHUWKHWHUPVRI\RXUZDUUDQW\VKRXOGWKHQHHGDULVH<RXPD\DOVRPDLO

LQWKHSUHSULQWHGUHJLVWUDWLRQFDUGLQFOXGHGLQWKHSDFNLQJPDWHULDO,Q&DQDGDZZZ*($SSOLDQFHVFD



ZZZHOHFWURPHQDJHUVJHFD

*(

-*3

-*3

-*3

-*3

-*3

3*3

3*3

0DQXHOGXSURSULpWDLUH

,QVWUXFWLRQVGHVpFXULWp

²

,QVWUXFWLRQVGHIRQFWLRQQHPHQW

%UOHXU3RZHU%RLO





%UOHXUGRXEOHUDFFRUGp

%UOHXUVDXJD]VFHOOpV

&DVVHUROHV

3RXUDOOXPHUXQEUOHXU

7DLOOHGHODIODPPH

9HUURXLOODJHGHVFRQWU{OHV

1HWWR\DJHHWHQWUHWLHQ

%DVHVGHEUOHXU

%RXWRQVGHFRPPDQGH

%UOHXUVHWpOHFWURGHV

GHODSODTXHGHFXLVVRQ

&DSXFKRQVHWWrWHV

GHEUOHXU

eOHFWURGHV

(PDLOHQSRUFHODLQH

GHODSODTXH  

*ULOOHVGHEUOHXU

3HOOLFXOHHWUXEDQG·H[SpGLWLRQ

3ODTXHGHFXLVVRQHQ

YLWURFpUDPLTXH

5HPSODFHPHQWGHVWrWHV

HWGHVFDSXFKRQVGHEUOHXU

6XUIDFHVHQDFLHULQR[\GDEOH

,QIRUPDWLRQVVXU

OHGpSDQQDJH



6RXWLHQDXFRQVRPPDWHXU

*DUDQWLH     

6RXWLHQDXFRQVRPPDWHXU 

7UDQVFULYH]OHVQXPpURV

GHPRGqOHHWGHVpULHLFL

0RGqOHBBBBBBBBBBBBBB

6pULH BBBBBBBBBBBBBBB

9RXVOHVWURXYHUH]VXUXQH

pWLTXHWWHDSSRVpHVRXVOD

SODTXH

3ODTXHGH&XLVVRQ

*D]

,PSULPpDX[eWDWV8QLV

,PSULPpVXU

OHSDSLHUUpXWLOLVp



,1)250$7,216,03257$17(6685/$6e&85,7e

/,5(7287(6/(6,16758&7,216$9$1787,/,6$7,21

1HUDQJH]SDVHWQ·XWLOLVH]SDVG·HVVHQFHRXG·DXWUHVYDSHXUVHWOLTXLGHVLQIODPPDEOHVjSUR[LPLWpGHFHWDSSDUHLORX

GHWRXWDXWUHDSSDUHLOpOHFWURPpQDJHU

1HSDVLQVWDOOHUFHSURGXLWVLO·RQXWLOLVHXQHKRWWHjULGHDXG·DLURXXQHKRWWHGHFXLVLQLqUHVRXIIODQWO·DLUDXGHVVXV

GHODVXUIDFHGHFXLVVRQ/HGpELWG·DLUSHXWQXLUHDXIRQFWLRQQHPHQWGHVEUOHXUVjJD]HWUHSUpVHQWHXQULVTXH

G·LQFHQGLHRXG·H[SORVLRQ

48()$,5(6,9286'e7(&7(=81(2'(85'(*$=

■ 1·HVVD\H]SDVG·DOOXPHUXQDSSDUHLOTXHOTX·LOVRLW

■ 1HWRXFKH]jDXFXQLQWHUUXSWHXU1·XWLOLVH]DXFXQWpOpSKRQHGHYRWUHGRPLFLOH

■ $SSHOH]LPPpGLDWHPHQWYRWUHIRXUQLVVHXUGHJD]GHSXLVOHWpOpSKRQHG·XQYRLVLQ6XLYH]OHVLQVWUXFWLRQVGHYRWUH

IRXUQLVVHXUGHJD]

■ 6LYRXVQHSRXYH]MRLQGUHYRWUHIRXUQLVVHXUGHJD]DSSHOH]OHVSRPSLHUV

/·LQVWDOODWLRQDLQVLTXHOHVUpSDUDWLRQVGRLYHQWrWUHHIIHFWXpHVSDUXQLQVWDOODWHXURXXQHHQWUHSULVHGHVHUYLFH

TXDOLILpVRXOHIRXUQLVVHXUGHJD]

$9(57,66(0(17

6LO·LQIRUPDWLRQGHFHJXLGHQ·HVWSDVVXLYLHjODOHWWUHLOSRXUUDHQ

UpVXOWHUXQIHXRXXQHH[SORVLRQHQWUDvQDQWGHVGRPPDJHVPDWpULHOVGHVEOHVVXUHVRXPrPHODPRUW

&216(59(=&(6,16758&7,216

$9(57,66(0(17

11HYRXVVHUYH]-$0$,6GHFHWDSSDUHLOFRPPHG·XQ

UDGLDWHXUSRXUFKDXIIHURXUpFKDXIIHUXQHSLqFH&HOD

SRXUUDLWHQWUDvQHUXQHLQWR[LFDWLRQSDUOHPRQR[\GH

GHFDUERQHHWXQHVXUFKDXIIHGXIRXU

■&HWDSSDUHLOGRLWrWUHXWLOLVpDX[ILQVSUpYXHVHWGpFULWHV

GDQVFHPDQXHO

■)DLWHVLQVWDOOHUHWPHWWUHYRWUHVXUIDFHGHFXLVVRQjOD

WHUUHSDUXQLQVWDOODWHXUTXDOLILpFRQIRUPpPHQWDX[

LQVWUXFWLRQVG·LQVWDOODWLRQIRXUQLHV/HVUpJODJHVHWOHV

UpSDUDWLRQVTXHOVTX·LOVVRLHQWQHGRLYHQWrWUHHIIHFWXpV

TXHSDUXQLQVWDOODWHXUGHVXUIDFHGHFXLVVRQjJD]RX

SDUGHVWHFKQLFLHQVTXDOLILpV1HWHQWH]SDVGHUpSDUHU

RXGHUHPSODFHUXQHSLqFHGHODVXUIDFHGHFXLVVRQ

VDXIVLFHODHVWVSpFLILTXHPHQWUHFRPPDQGpGDQVFH

PDQXHO

■&HWWHVXUIDFHGHFXLVVRQHVWSUpUpJOpHHQXVLQHSRXU

XQHXWLOLVDWLRQDXJD]QDWXUHO2QSHXWODFRQYHUWLUSRXU

XQHXWLOLVDWLRQDX*3/&HVDMXVWHPHQWVDXEHVRLQ

GRLYHQWrWUHHIIHFWXpVSDUXQWHFKQLFLHQTXDOLILp

FRQIRUPpPHQWDX[LQVWUXFWLRQVG·LQVWDOODWLRQHWDX[

FRGHVORFDX[/·HQWUHSULVHTXLHIIHFWXHFHWUDYDLODVVXPH

ODUHVSRQVDELOLWpGHODFRQYHUVLRQ

■'HPDQGH]jO·LQVWDOODWHXUGHYRXVPRQWUHU

O·HPSODFHPHQWGXURELQHWGHJD]GHODVXUIDFHGH

FXLVVRQSRXUSRXYRLUOHIHUPHUVLQpFHVVDLUH

■$YDQWG·HIIHFWXHUXQHUpSDUDWLRQGpEUDQFKH]OD

FXLVLQLqUHRXFRXSH]VRQDOLPHQWDWLRQpOHFWULTXHDX

QLYHDXGXWDEOHDXGHGLVWULEXWLRQGHYRWUHGRPLFLOH

IXVLEOHRXGLVMRQFWHXU

■$ILQG·pYLWHUTX·LOQHV·HQIODPPHDVVXUH]YRXVTXHWRXW

OHPDWpULHOG·HPEDOODJHDpWpHQOHYpGHODVXUIDFHGH

FXLVVRQDYDQWGHODIDLUHIRQFWLRQQHU

■ eYLWH]GHUD\HURXGHIUDSSHUOHVHQYHUUHVXUIDFH

GHFXLVVRQ&HODSRXUUDLWFDVVHUOHYHUUH1HFXLVLQH]

SDVVXUXQDSSDUHLOGRQWOHYHUUHHVWEULVp8QFKRF

pOHFWULTXHXQLQFHQGLHRXGHVFRXSXUHVSRXUUDLHQWHQ

UpVXOWH

■ 1HODLVVH]SDVOHVHQIDQWVVHXOVRXVDQVVXUYHLOODQFH

jSUR[LPLWpG·XQDSSDUHLOpOHFWURPpQDJHUHQFRXUV

G·XWLOLVDWLRQ,OVQHGHYUDLHQWMDPDLVrWUHDXWRULVpVj

JULPSHUV·DVVHRLURXVHWHQLUGHERXWVXUDXFXQHGHV

SDUWLHVGHO·DSSDUHLO

■ 1HUDQJH]SDVG·REMHWVSRXYDQWLQWpUHVVHUOHVHQIDQWV

DXGHVVXVGHODVXUIDFHGHFXLVVRQRXVXUVRQGRVVHUHW

/HVHQIDQWVV·H[SRVHUDLHQWjGHJUDYHVEOHVVXUHVV·LOV

JULPSDLHQWVXUODVXUIDFHGHFXLVVRQSRXUOHVDWWHLQGUH

■1HODLVVH]SHUVRQQHJULPSHUVHWHQLUGHERXWRX

V·DFFURFKHUjODVXUIDFHGHFXLVVRQ

■ 8WLOLVH]XQLTXHPHQWGHVSRLJQpHVVqFKHV/DYDSHXU

pPLVHSDUGHVSRLJQpHVKXPLGHVHQFRQWDFWDYHFXQH

VXUIDFHFKDXGHSRXUUDLWYRXVEUOHU1HODLVVH]SDVOHV

SRLJQpHVHQWUHUHQFRQWDFWDYHFOHVEUOHXUVRXODJULOOH

GXEUOHXU

■3UHQH]JDUGHGHQHSDVWRXFKHUOHVVXUIDFHVFKDXGHV

GHODVXUIDFHGHFXLVVRQ/HVVXUIDFHVTXLSHXYHQW

rWUHFKDXGHVFRPSUHQQHQWOHVEUOHXUVOHVJULOOHVHWOD

VXUIDFHGHFXLVVRQ

■1HIDLWHVSDVFKDXIIHUGHUpFLSLHQWIHUPp/DSUHVVLRQ

DFFXPXOpHULVTXHUDLWGHIDLUHpFODWHUOHUpFLSLHQWHWGH

FDXVHUGHVEOHVVXUHV

■)DLWHVELHQFXLUHODYLDQGHHWODYRODLOOH/DWHPSpUDWXUH

LQWHUQHGHODYLDQGHGRLWDWWHLQGUHDXPRLQV)

&HWFHOOHGHODYRODLOOHDXPRLQV)&/D

FXLVVRQjFHVWHPSpUDWXUHVSURWqJHKDELWXHOOHPHQW

FRQWUHOHVLQWR[LFDWLRQVDOLPHQWDLUHV

ZZZHOHFWURPHQDJHUVJHFD



&216,*1(6'(6e&85,7e*e1e5$/(6

$9(57,66(0(17

&216(59(=&(6,16758&7,216

■1HODLVVH]MDPDLVVDQVVXUYHLOODQFHOHVEUOHXUV

GHVXUIDFHjGHVUpJODJHVPR\HQVRXpOHYpV/HV

DOLPHQWVSDUWLFXOLqUHPHQWOHVDOLPHQWVKXLOHX[SHXYHQW

V·HQIODPPHUHWFDXVHUXQLQFHQGLHTXLSRXUUDLWVH

SURSDJHUDX[DUPRLUHVHQYLURQQDQWHV

■1HODLVVH]MDPDLVO·KXLOHVDQVVXUYHLOODQFHORUVTXH

YRXVIDLWHVIULUHGHVDOLPHQWV6LHOOHFKDXIIHWURSHW

GpJDJHGHODIXPpHO·KXLOHSHXWV·HQIODPPHUHWFDXVHU

XQLQFHQGLHTXLVHSURSDJHUDLWMXVTX·DX[DUPRLUHV

HQYLURQQDQWHV8WLOLVH]XQWKHUPRPqWUHjIULWXUHORUVTXH

FHODHVWSRVVLEOHSRXUVXUYHLOOHUODWHPSpUDWXUHGHO·KXLOH

■ 3RXUpYLWHUOHVSURMHFWLRQVG·KXLOHHWOHVLQFHQGLHVXWLOLVH]

XQHTXDQWLWpPLQLPDOHG·KXLOHORUVTXHYRXVIDLWHVIULUH

GHVDOLPHQWVGDQVXQHFDVVHUROHSHXSURIRQGHHWpYLWH]

GHFXLUHGHVDOLPHQWVVXUJHOpVFRPSRUWDQWWURSGHJODFH

■ 8WLOLVH]GHVXVWHQVLOHVGHGLPHQVLRQVDSSURSULpHVeYLWH]

OHVXVWHQVLOHVGHFXLVVRQTXLQHVRQWSDVVWDEOHVRX

TXLEDVFXOHQWIDFLOHPHQW&KRLVLVVH]XQXVWHQVLOHTXL

FRUUHVSRQGjODGLPHQVLRQGXEUOHXU/HVIODPPHV

GXEUOHXUGHYUDLHQWrWUHUpJOpHVGHIDoRQjQHSDV

GpSDVVHUOHIRQGGHO·XVWHQVLOH'HVIODPPHVWURS

LQWHQVHVSHXYHQWrWUHGDQJHUHXVHV

■ 8WLOLVH]WRXMRXUVODSRVLWLRQ/,7(DOOXPDJHORUVTXHYRXV

DOOXPH]

OHVEUOHXUVVXSpULHXUVHWDVVXUH]YRXVTXHOHV

EUOHXUVVHVRQWELHQDOOXPpV

■ /RUVTXHYRXVXWLOLVH]GHVXVWHQVLOHVGHFXLVVRQHQ

YLWURFpUDPLTXH

DVVXUH]YRXVTX·LOVVRQWFRPSDWLEOHV

DYHFFHWWHVXUIDFHGHFXLVVRQ/HVDXWUHVPDWpULDX[

SRXUUDLHQWVHFDVVHUjODVXLWHG·XQHYDULDWLRQVXELWHGH

ODWHPSpUDWXUH

■3RXUPLQLPLVHUOHVULVTXHVGHEUOXUHGHFRPEXVWLRQGH

PDWpULDX[LQIODPPDEOHVHWGHGpERUGHPHQWODSRLJQpH

GXUpFLSLHQWGHYUDLWrWUHGLULJpHYHUVOHFHQWUHGHOD

VXUIDFHGHFXLVVRQVDQVWRXWHIRLVOHVSODFHUDXGHVVXV

GHVEUOHXUV

■ 3RXUIDLUHIODPEHUGHVDOLPHQWVVRXVXQHKRWWHYRXV

GHYH]PHWWUHOHYHQWLODWHXUHQPDUFKH

■ 1·XWLOLVH]

SDVGHZRNPXQLG·XQVXSSRUWURQG

PpWDOOLTXH/HVXSSRUWSHXWUHWHQLUODFKDOHXUHWEORTXHU

O·DLUDUULYDQWDXEUOHXUFHTXLSRXUUDLWHQWUDvQHUXQH

LQWR[LFDWLRQSDUPRQR[\GHGHFDUERQH

■ 1·HVVD\H]SDVGHVRXOHYHUODVXUIDFHGHFXLVVRQ&HOD

SRXUUDLW

HQGRPPDJHUOHFRQGXLWG·DOLPHQWDWLRQHQJD]

GHVEUOHXUVGHVXUIDFHHWFRQGXLUHjXQHIXLWHGHJD]

HWXQULVTXHG·LQFHQGLH

■ /RUVTXHYRXVGpVDFWLYH]OHGLVSRVLWLIGHYHUURXLOODJHGHV

FRPPDQGHVGX

JD]FHUWDLQVPRGqOHVDVVXUH]YRXV

TXHOHVFRPPDQGHVGHODVXUIDFHGHFXLVVRQVRQWjOD

SRVLWLRQ2))DUUrW&HODHPSrFKHUDOHVIXLWHVGHJD]

DFFLGHQWHOOHVGHVEUOHXUV

■ 1·XWLOLVH]SDVGHSDSLHUG·DOXPLQLXPSRXUFRXYULUOHV

JULOOHV

RXUHFRXYULUXQHTXHOFRQTXHSDUWLHGHODVXUIDFH

GHFXLVVRQ&HODSHXWHQWUDvQHUXQHLQWR[LFDWLRQSDU

PRQR[\GHGHFDUERQHXQHVXUFKDXIIHGHVVXUIDFHVGH

FXLVVRQRXXQULVTXHG·LQFHQGLH

,1)250$7,216,03257$17(6685/$6e&85,7e

/,5(7287(6/(6,16758&7,216$9$1787,/,6$7,21



&216(59(=&(6,16758&7,216

■1HYHUVH]SDVG·HDXVXUXQIHXGHIULWXUH1·HVVD\H]

MDPDLVGHVRXOHYHUXQXVWHQVLOHGHFXLVVRQHQIHX

$UUrWH]O·DSSDUHLOeWRXIIH]OHVIODPPHVGHO·XVWHQVLOH

VLWXpVXUOHEUOHXUGHVXUIDFHHQOHUHFRXYUDQW

FRPSOqWHPHQWG·XQFRXYHUFOHGHGLPHQVLRQDSSURSULpH

G·XQHSODTXHjELVFXLWVRXG·XQSODWHDX8WLOLVH]XQ

H[WLQFWHXUFKLPLTXHRXjPRXVVHjXVDJHJpQpUDODX

EHVRLQ

(1&$6'·,1&(1',(68,9(=/(6e7$3(6

&,'(662863285e9,7(5/(6%/(6685(6(7

(03Ç&+(5/·,1&(1',('(6(3523$*(5

&216,*1(6'(6e&85,7e3285/$685)$&('(

&8,6621

$9(57,66(0(17

■1·HQWUHSRVH]SDVHWQ·XWLOLVH]SDVGHPDWLqUHV

LQIODPPDEOHVRXSUqVGHODVXUIDFHGHFXLVVRQ

QRWDPPHQWGXSDSLHUGXSODVWLTXHGHVSRLJQpHVGX

WLVVXGHVUHYrWHPHQWVPXUDX[GHVULGHDX[GHVGUDSHULHV

HWWRXWW\SHGHYDSHXURXGHOLTXLGHLQIODPPDEOH

■

1HSRUWH]MDPDLVGHYrWHPHQWVDPSOHVRXTXLSHQGHQW

ORUVTXHYRXVXWLOLVH]FHWDSSDUHLOeYLWH]GHUDQJHUGHV

REMHWVFRXUDPPHQWXWLOLVpVGDQVOHVDUPRLUHVVLWXpHV

DXGHVVXVGHODVXUIDFHGHFXLVVRQHWIDLWHVSUHXYHGH

SUXGHQFHORUVTXHYRXVYRXVSHQFKH]DXGHVVXVGH

FHOOHFL/HVYrWHPHQWVTXLVHWURXYHQWjSUR[LPLWpGHV

EUOHXUVRXGHVVXUIDFHVFKDXGHVSHXYHQWV·HQIODPPHU

HWHQWUDvQHUGHVpULHXVHVEUOXUHV

■ 1HODLVVH]SDVGHJUDLVVHGHFXLVVRQRXG·DXWUHV

PDWpULDX[LQIODPPDEOHVV·DFFXPXOHUjRXSUqVOH

VXUIDFHGHFXLVVRQ/DJUDLVVHRXVXUODVXUIDFHGH

FXLVVRQSHXWSUHQGUHIHX

■ 1HWWR\H]UpJXOLqUHPHQWOHVKRWWHV1HODLVVH]SDVOD

JUDLVVHV·DFFXPXOHUVXUODKRWWHRXVXUOHILOWUH

&216(59(=/(60$7e5,$8;,1)/$00$%/(6

/·e&$57'(/$685)$&('(&8,6621

$9(57,66(0(17



8WLOLVDWLRQGHVEUOHXUVGHODSODTXHGHFXLVVRQ ZZZHOHFWURPHQDJHUVJHFD

7RXWDXORQJGHFHPDQXHOOHVFDUDFWpULVWLTXHVHWO·DSSDUHQFHSHXYHQWYDULHUG·XQPRGqOHjO·DXWUH

&RPPHQWDOOXPHUXQEUOHXU

$VVXUH]YRXVTXHOHERXWRQGHYHUURXLOODJH

GHVFRQWU{OHVHVWHQSRVLWLRQ81/2&.

GpYHUURXLOODJH

/HVEUOHXUVGHYRWUHSODTXHVRQWDOOXPpV

pOHFWULTXHPHQWpOLPLQDQWDLQVLODQpFHVVLWp

G·DYRLUXQHIODPPHWpPRLQFRQVWDPPHQW

DOOXPpH

3RXVVH]OHERXWRQGHFRPPDQGHHWOHWRXUQH]

GDQVOHVHQVDQWLKRUDLUHVXUODSRVLWLRQ/,7(

DOOXPDJH$SUqVO·DOOXPDJHGXEUOHXUWRXUQH]

OHERXWRQSRXUUpJOHUODWDLOOHGHODIODPPH

3RXUpWHLQGUHOHEUOHXUWRXUQH]OHERXWRQGDQV

OHVHQVKRUDLUHMXVTX·DXPD[LPXPGHVDFRXUVH

VXUODSRVLWLRQ2))DUUrW

■9pULILH]TXHOHEUOHXUTXHYRXVYRXOH]XWLOLVHU

HVWFHOXLTXHYRXVDYH]DOOXPp

■$VVXUH]YRXVGHSODFHUOHERXWRQVXU

2))DUUrWDSUqVODILQGHODFXLVVRQ

■(QFDVGHSDQQHGHFRXUDQWYRXVSRXYH]

DOOXPHUOHVEUOHXUVDYHFXQHDOOXPHWWH7HQLU

XQHDOOXPHWWHDOOXPpHSURFKHGXEUOHXUSXLV

SRXVVHUOHERXWRQGHFRPPDQGHHWOHSODFHU

VXUODSRVLWLRQ/,7(DOOXPDJH)DLUHWUqV

DWWHQWLRQORUVTXHYRXVDOOXPH]OHVEUOHXUV

GHFHWWHIDoRQ/HVEUOHXUVHQFRXUV

GHIRQFWLRQQHPHQWORUVTXHODSDQQHGH

FRXUDQWVXUYLHQWFRQWLQXHQWjIRQFWLRQQHU

QRUPDOHPHQW

■1HSDVXWLOLVHUOHEUOHXUORQJWHPSVVDQVTX·LO

\DLWGHFDVVHUROHVXUODJULOOH/DILQLWLRQGH

ODJULOOHSHXWV·pFDLOOHUVDQVODSUpVHQFHG·XQH

FDVVHUROHSRXUDEVRUEHUODFKDOHXU

■

$VVXUH]YRXVTXHOHVEUOHXUVHWOHVJULOOHVVRQW

IURLGVDYDQWG·\SRVHUODPDLQGHVPLWDLQHVGH

IRXUGHVFKLIIRQVRXWRXWDXWUHPDWpULDX

9HUURXLOODJHGHVFRQWU{OHVVXUFHUWDLQVPRGqOHV

3RXUYHUURXLOOHUODSODTXHGHFXLVVRQHWSUpYHQLU

XQHXWLOLVDWLRQQRQYRXOXHWRXUQH]OHERXWRQGH

YHUURXLOODJHGHVFRQWU{OHVGDQVOHVHQVRSSRVpj

FHOXLGHVDLJXLOOHVG·XQHPRQWUHHQSRVLWLRQ/2&.

YHUURXLOODJH8QYR\DQWOXPLQHX[V·DOOXPHSRXU

LQGLTXHUOHYHUURXLOODJHGHODSODTXHGHFXLVVRQ

4XDQGHOOHHVWYHUURXLOOpHODSODTXHGHFXLVVRQIDLWXQ

EUXLWVLXQERXWRQGHFRPPDQGHHVWPLVHQSRVLWLRQ

DXWUHTXH2))DUUrW

3RXUGpYHUURXLOOHUWRXUQH]OHERXWRQ

GHYHUURXLOODJHGHVFRQWU{OHVHQSRVLWLRQ

81/2&.GpYHUURXLOODJH

UNLOCK

LOCK

CONTROL LOCK

%UOHXUVDXJD]VFHOOpV

/HEUOHXUOHSOXVSHWLWDUULqUHGURLWHHWOH

EUOHXUGXFHQWUHVXUFHUWDLQVPRGqOHVVRQWGHV

EUOHXUVjPLMRWHU9RXVSRXYH]GLPLQXHUFHV

EUOHXUVHQOHVPHWWDQWHQSRVLWLRQ/2EDVVH

RX6,00(5PLMRWDJHVHORQOHPRGqOH&HOD

SHUPHWXQHWHPSpUDWXUHSUpFLVHGHFXLVVRQ

SRXUOHVDOLPHQWVGpOLFDWVFRPPHOHVVDXFKHV

RXOHVDOLPHQWVTXLQpFHVVLWHQWXQHWHPSpUDWXUH

EDVVHHWXQHGXUpHGHFXLVVRQOHQWH

/HEUOHXUPR\HQDUULqUHJDXFKHHWOHJUDQG

EUOHXUDYDQWJDXFKHVRQWGHVEUOHXUVWRXW

XVDJHTXLSHXYHQWSDVVHUG·XQHSRVLWLRQ

+,pOHYpHjXQHSRVLWLRQ/2EDVVHSRXU

SHUPHWWUHODFXLVVRQG·XQHJDPPHpWHQGXH

G·DOLPHQWV

%UOHXUGRXEOHUDFFRUGpVXUFHUWDLQVPRGqOHV

/HEUOHXUH[WUDJUDQGDYDQWGURLWHDXQH

FDSDFLWpPD[LPDOHGHFKDXIIDJHHWGHPLMRWDJH

SUpFLV9RXVSRXYH]OHIDLUHSDVVHUG·XQHSRVLWLRQ

3RZHU%RLO



VXUERXLOORQQHPHQWjXQHSRVLWLRQ

6,00(5PLMRWDJHSRXUXQHJDPPHpWHQGXHGH

FXLVVRQV

%UOHXU3RZHU%RLO



VXUERXLOORQQHPHQWVXUFHUWDLQVPRGqOHV

/HEUOHXUH[WUDJUDQGDYDQWGURLWHD

XQUpJODJHVSpFLDO3RZHU%RLOVXU

ERXLOORQQHPHQW9RXVQHSRXYH]XWLOLVHUFHWWH

FDUDFWpULVWLTXHTX·DYHFGHVXVWHQVLOHVGH

FXLVLQHG·DXPRLQVFPSRGHGLDPqWUH

HWYRXVQHGHYH]MDPDLVSHUPHWWUHDX[IODPPHV

GHGpSDVVHUOHVF{WpVGHO·XVWHQVLOHGHFXLVLQH

&HWWHFDUDFWpULVWLTXHHVWFRQoXHSRXUIDLUH

ERXLOOLUUDSLGHPHQWGHJUDQGHVTXDQWLWpVGH

OLTXLGHGDQVGHVFDVVHUROHVG·DXPRLQVFP

SRGHGLDPqWUH



8WLOLVDWLRQGHVEUOHXUVGHODSODTXHGHFXLVVRQ

&XLVLQH]DYHFXQ:RNFRPPHVXLW

1RXVYRXVUHFRPPDQGRQVG·XWLOLVHUXQZRN

jIRQGSODWGHFPSRRXSOXVSHWLW&HV

ZRNVVRQWYHQGXVSDUYRWUHGpWDLOODQWORFDO

9RXVQHSRXYH]XWLOLVHUTX·XQZRNjIRQGSODW

$VVXUH]YRXVTXHOHEDVGXZRNUHSRVHELHQ

KRUL]RQWDOHPHQWVXUODJULOOH

1·XWLOLVH]MDPDLVXQHEDJXHGHVRXWLHQ

GHZRN6LYRXVPHWWH]ODEDJXHVXU

OHEUOHXURXODJULOOHYRXVSRXYH]RFFDVLRQQHU

XQPDXYDLVIRQFWLRQQHPHQWGXEUOHXUHW

XQHDXJPHQWDWLRQGXQLYHDXGHJD]&2

DXGHVVXVGHVQRUPHVSHUPLVHV&HODSHXWrWUH

GDQJHUHX[

SRXUYRWUHVDQWp

8WLOLVHUXQ:RNjIRQGSODW

&DVVHUROHV

(QDOXPLQLXP/HVFDVVHUROHVGHGLPHQVLRQV

PR\HQQHVVRQWUHFRPPDQGpHVFRPSWHWHQX

GXIDLWTX·HOOHVVHUpFKDXIIHQWUDSLGHPHQW

HWXQLIRUPpPHQW/DSOXSDUWGHVDOLPHQWV

EUXQLVVHQWXQLIRUPpPHQWGDQVOHVFDVVHUROHV

HQDOXPLQLXP8WLOLVHUXQSRrORQDYHFXQ

FRXYHUFOHELHQDMXVWpORUVTXHODFXLVVRQHVW

IDLWHDYHFXQHTXDQWLWpPLQLPHG·HDX

(QPpWDOpPDLOOp6RXVFHUWDLQHVFRQGLWLRQV

O·pPDLOGHFHUWDLQHVFDVVHUROHVSHXWIRQGUH

6XLYUHOHVUHFRPPDQGDWLRQVGXIDEULFDQWSRXU

ODPpWKRGHGHFXLVVRQjVXLYUH

9HUUH,OH[LVWHGHX[W\SHVGHFDVVHUROHVHQ

YHUUHFHOOHVSRXUXWLOLVDWLRQGDQVXQIRXU

VHXOHPHQWHWFHOOHVSRXUODFXLVVRQVXUSODTXH

FDVVHUROHVSRWVjFDIpHWjWKp/HYHUUH

FRQGXLWODFKDOHXUWUqVOHQWHPHQW

(QIRQWH6LUpFKDXIIpHVOHQWHPHQWODSOXSDUW

GHVFDVVHUROHVHQIRQWHGRQQHQWGHVUpVXOWDWV

VDWLVIDLVDQWV

(QYHUUHFpUDPLTXHLQVHQVLEOHjODFKDOHXU

&HW\SHG·XVWHQVLOHVSHXWrWUHXWLOLVpSRXU

FXLVVRQVRLWDXIRXUVRLWHQVXUIDFH,OFRQGXLWOD

FKDOHXUHWVHUHIURLGLWWUqVOHQWHPHQW9pULILHUOHV

LQVWUXFWLRQVGXIDEULFDQWSRXUV·DVVXUHUTX·LOHVW

SRVVLEOHG·XWLOLVHUO·XVWHQVLOHVXUXQHSODTXHGH

FXLVVRQjJD]

(QDFLHULQR[\GDEOH/HVSURSULpWpVGH

FKDXIIDJHGHFHPpWDOVRQWPpGLRFUHV

+DELWXHOOHPHQWLOHVWFRPELQpDYHFGXFXLYUH

GHO·DOXPLQLXPRXDYHFG·DXWUHVPpWDX[

SRXUDPpOLRUHUODUpSDUWLWLRQGHFKDOHXU/HV

FDVVHUROHVHQDOOLDJHGHPpWDX[VHFRPSRUWHQW

GHPDQLqUHVDWLVIDLVDQWHVLHOOHVVRQWXWLOLVpHV

DYHFXQHFKDOHXUPR\HQQHFRPPHOHIDEULFDQW

OHUHFRPPDQGH

5HQVHLJQHPHQWVSUDWLTXHVGHPLVHHQFRQVHUYHjODPDLVRQ

$VVXUH]YRXVTXHO·XVWHQVLOHGHPLVHHQ

FRQVHUYHVHWURXYHELHQDXFHQWUHGXEUOHXU

3RXUSUpYHQLUWRXWHEUOXUHGHYDSHXU

RXGHFKDOHXUIDLWHVDWWHQWLRQTXDQG

YRXVPHWWH]HQFRQVHUYH

8WLOLVHUGHVUHFHWWHVHWGHVSURFpGXUHVGH

VRXUFHVUpSXWpHV9RXVOHVWURXYHUH]HQYRXV

DGUHVVDQWjGHVIDEULFDQWVFRPPH%DOO





HW.HUU



HWDX[VHUYLFHVGHSXEOLFDWLRQVGX

PLQLVWqUHGHO·DJULFXOWXUH

&RPPHQWFKRLVLUODWDLOOHGHODIODPPH

$ILQGHVpFXULVHUO·XWLOLVDWLRQGHVFDVVHUROHV

QHMDPDLVODLVVHUODIODPPHGpSDVVHUOHVSDURLV

GHFHOOHVFL

/RUVTXHYRXVUpGXLVH]ODFKDOHXUVXUYHLOOH]

ODIODPPHHWQRQOHERXWRQGHFRPPDQGH

/DWDLOOHGHODIODPPHG·XQEUOHXUjJD]GRLW

FRUUHVSRQGUHDXW\SHGHFDVVHUROHTXHYRXV

XWLOLVH]

7RXWHIODPPHTXLGpSDVVHOHIRQGGH

ODFDVVHUROHHVWJkFKpHHWQHIDLWTXH

UpFKDXIIHUODSRLJQpH



(QWUHWLHQHWQHWWR\DJHGHODSODTXHGHFXLVVRQ ZZZHOHFWURPHQDJHUVJHFD

$VVXUH]YRXVTXHO·DOLPHQWDWLRQpOHFWULTXHHVWFRXSpHHWTXHWRXWHVOHVVXUIDFHVVRQWIURLGHVDYDQWGHQHWWR\HUXQH

SDUWLHTXHOFRQTXHGHODSODTXH

&RPPHQWUHWLUHUODSHOOLFXOHSURWHFWULFHG·H[SpGLWLRQHWOHUXEDQG·HPEDOODJH

6DLVLVVH]VRLJQHXVHPHQWXQFRLQGHODSHOOLFXOH

SURWHFWULFHG·H[SpGLWLRQDYHFYRVGRLJWVHW

SHOH]ODGHODVXUIDFHGHO·DSSDUHLO1·XWLOLVH]

DXFXQREMHWDLJXLVpSRXUHQOHYHUFHWWHSHOOLFXOH

(QOHYH]WRXWHODSHOOLFXOHDYDQWG·XWLOLVHUYRWUH

DSSDUHLOSRXUODSUHPLqUHIRLV

3RXUV·DVVXUHUTX·DXFXQGRPPDJHQHVRLW

FDXVpjODILQLWLRQGXSURGXLWOHSOXVVU

PR\HQG·HQOHYHUO·DGKpVLISURYHQDQWGXUXEDQ

G·HPEDOODJHUHVWpVXUOHVDSSDUHLOVQHXIVHVW

G·DSSOLTXHUGXGpWHUJHQWOLTXLGHSRXUODYDJHGH

ODYDLVVHOOH$SSOLTXHUDYHFXQOLQJHGRX[

HWODLVVHUOHOLTXLGHV·LPELEHU

127(9RXVGHYH]HQOHYHUODSHOOLFXOHDGKpVLYH

GHWRXWHVOHVSLqFHVDYDQWG·XWLOLVHUODSODTXHGH

FXLVVRQ9RXVQHSRXUUH]SOXVO·HQOHYHUVLHOOHFXLW

VXUODSODTXH

%RXWRQVGHFRPPDQGH

/HVERXWRQVGHFRPPDQGHVHUHWLUHQWSRXUIDFLOLWHU

OHXUQHWWR\DJH

$VVXUH]YRXVTXHOHVERXWRQVVRLHQWHQSRVLWLRQ

2))$55Ç7HWUHWLUH]OHVGHVWLJHVSRXUOHV

QHWWR\HU

/HVERXWRQVVHQHWWRLHQWDXODYHYDLVVHOOHRX

YRXVSRXYH]OHVODYHUDYHFGHO·HDXHWGXVDYRQ

$VVXUH]YRXVTXHO·LQWpULHXUGHVERXWRQVVRLWVHF

DYDQWGHOHVUHSODFHU

5HSODFH]OHVERXWRQVHQSRVLWLRQ2))$55Ç7

SRXUYRXVDVVXUHUTX·LOVVRLHQWELHQSODFpV

7LUH]OHERXWRQGURLWYHUVYRXVSRXU

O·HQOHYHUGHVDWLJH

3ODTXHVDYHFSRUFHODLQHpPDLOOpHVXUFHUWDLQVPRGqOHV

/DILQLWLRQHQSRUFHODLQHpPDLOOpHHVWGXUDEOH

&HSHQGDQWHOOHSHXWrWUHHQGRPPDJpHHQ

FDVGHPDXYDLVHXWLOLVDWLRQ/DILQLWLRQUpVLVWHj

O·DFLGH1pDQPRLQVWRXWDOLPHQWDFLGHTXLDpWp

pSDQGXMXVGHIUXLWVGHWRPDWHVRXYLQDLJUH

QHGRLWSDVGHPHXUHUVXUODILQLWLRQ

6LGHO·DFLGHHVWpSDQGXVXUODSODTXHDORUVTX·HOOH

HVWFKDXGHXWLOLVHUXQHVHUYLHWWHHQSDSLHUVqFKH

RXXQFKLIIRQSRXUO·HVVX\HULPPpGLDWHPHQW8QH

IRLVODVXUIDFHUHIURLGLHODYHUDYHFGHO·HDXHWGX

QHWWR\DQWXQLYHUVHO%LHQULQFHU

3RXUOHVDXWUHVGpERUGHPHQWVSDUH[HPSOHGHV

pFODERXVVXUHVGHJUDLVVHODYHUDYHFGHO·HDX

HWGXVDYRQRXXQQHWWR\DQWXQLYHUVHODSUqV

UHIURLGLVVHPHQWGHODVXUIDFH%LHQULQFHUHWSROLU

DYHFXQFKLIIRQVHF

1·XWLOLVH]SDVGHWDPSRQVGHODLQHG·DFLHU

LOVSRXUUDLHQWUD\HUODVXUIDFH

3RXUQHWWR\HUODVXUIDFHHQDFLHULQR[\GDEOH

XWLOLVH]GHO·HDXFKDXGHVDYRQQHX[RXXQSURGXLW

QHWWR\DQWRXFLUHjDFLHULQR[\GDEOH(VVX\H]

WRXMRXUVODVXUIDFHGDQVOHVHQVGXJUDLQ6XLYH]

OHVLQVWUXFWLRQVGXSURGXLWQHWWR\DQWSRXUQHWWR\HU

ODVXUIDFHHQDFLHULQR[\GDEOH

3RXUVDYRLUFRPPHQWDFKHWHUOHSURGXLWQHWWR\DQW

RXOHFLUHSRXUDSSDUHLOVpOHFWURPpQDJHUVHQDFLHU

LQR[\GDEOHRXSRXUWURXYHUXQGpWDLOODQWRXXQ

PDJDVLQGHSLqFHV&DPFRSUqVGHFKH]YRXV

YHXLOOH]DSSHOHUQRWUHQXPpURVDQVIUDLV

&HQWUHQDWLRQDOGHSLqFHV 

ZZZHOHFWURPHQDJHUVJHFD

6XUIDFHVHQDFLHULQR[\GDEOH

VXUFHUWDLQVPRGqOHV



(QWUHWLHQHWQHWWR\DJHGHODSODTXHGHFXLVVRQ

%UOHXUVHWpOHFWURGHVGHODSODTXHGHFXLVVRQ

0HWWH]WRXVOHVFRQWU{OHVHQSRVLWLRQDUUrWDYDQW

G·HQOHYHUGHVSLqFHVGHEUOHXU

/HVV\VWqPHVGHEUOHXUGRLYHQWWRXMRXUVrWUH

SURSUHV9RXVGHYH]QHWWR\HULPPpGLDWHPHQW

WRXWUHQYHUVHPHQWVXUXQEUOHXU,OSHXW

ERXFKHUOHVRXYHUWXUHVGXV\VWqPHGHEUOHXU

(QOHYH]OHVJULOOHVGHEUOHXUOHVFDSXFKRQVGH

EUOHXUHWOHVWrWHVGHEUOHXUSRXUQHWWR\HU

SOXVIDFLOHPHQW

127(6

■1·HVVD\H]MDPDLVG·HQOHYHUO·pOHFWURGHGH

ODSODTXHGHFXLVVRQRXXQHYLVGHODWrWH

GHEUOHXURXGHODEDVHGHEUOHXU

■1·XWLOLVH]MDPDLVGHODLQHG·DFLHURXGHSRXGUH

jUpFXUHUSRXUQHWWR\HUOHVEUOHXUV

$9(57,66(0(17



1()$,7(6-$0$,6)21&7,211(5

81%5Ó/(856$167287(66(63,Ê&(6

(13/$&(

eOHFWURGHGHSODTXH

GHFXLVVRQ

127(1·HVVD\H]MDPDLVG·HQOHYHU

O·pOHFWURGHGHODSODTXHGHFXLVVRQ

1HWWR\H]FHWWHSDUWLHPpWDOOLTXH

1HQHWWR\H]SDVFHWWHSDUWLH

HQFpUDPLTXHEODQFKHjO·DLGH

G·XQHOLPHpPHUL

127($YDQWG·HQOHYHUOHVFDSXFKRQVHW

OHVWrWHVGHEUOHXUQRWH]OHXUWDLOOHHWOHXU

HPSODFHPHQW5HPHWWH]OHVjOHXUSODFH

DSUqVOHVDYRLUQHWWR\pV

&DSXFKRQVHWWrWHVGHEUOHXU

/DYH]OHVFDSXFKRQVHWOHVWrWHVGHEUOHXU

GDQVGHO·HDXVDYRQQHXVHFKDXGHHWULQFH]OHV

jO·HDXSURSUHFRXUDQWH9RXVSRXYH]UpFXUHU

DYHFXQWDPSRQjUpFXUHUHQSODVWLTXHSRXU

HQOHYHUOHVSDUWLFXOHVGHQRXUULWXUHEUOpHV

8WLOLVH]XQHDLJXLOOHjFRXGUHRXXQOLHQWRUVDGp

SRXUGpERXFKHUOHVSHWLWVWURXVGHODWrWHGH

EUOHXUOHFDVpFKpDQW

3RXUHQOHYHUOHVDOLPHQWVEUOpVWUHPSH]OHV

WrWHVGHEUOHXUGDQVXQHVROXWLRQGHGpWHUJHQW

OLTXLGHOpJHUSRXUODYDJHGHODYDLVVHOOHHW

G·HDXFKDXGHSHQGDQWjPLQXWHVOHFDV

pFKpDQW3RXUOHVWDFKHVSOXVGLIILFLOHVjHQOHYHU

XWLOLVH]XQHEURVVHjGHQWV

6LOHUHQYHUVHPHQWHVWHQWUpGDQVOHV\VWqPH

GHWrWHGHEUOHXUEUOHXUDYDQWGURLWGDQVOHV

PRGqOHV-*33*3HW3*3ODYH]OH

jO·HDXFRXUDQWH5HPXH]SRXUHQOHYHUO·HDXHQ

WURS6pFKH]jO·DLUHWDVVXUH]YRXVTXHOHVSHWLWV

WURXVGHO·DOOXPHXUVRLHQWELHQRXYHUWV

127(1HODYH]DXFXQHSLqFHGHEUOHXUGDQV

XQODYHYDLVVHOOH

eOHFWURGHV

/·pOHFWURGHGHO·DOOXPHXUHVWH[SRVpHVRXVOD

VXUIDFHGHODEDVHGHEUOHXU4XDQGYRXV

QHWWR\H]ODSODTXHGHFXLVVRQSUHQH]ELHQVRLQ

GHQHSDVDFFURFKHUO·pOHFWURGHGHO·DOOXPHXU

DYHFYRWUHOLQJHGHQHWWR\DJH9RXVSRXYH]

HQGRPPDJHUO·DOOXPHXU

3UHQH]ELHQVRLQGHQHSDVSRXVVHUXQFRQWU{OH

GHODSODTXHGHFXLVVRQHQQHWWR\DQWODSODTXH

GHFXLVVRQ&HODSHXWYRXVGRQQHUXQHSHWLWH

VHFRXVVHTXLSHXWYRXVIDLUHWRXFKHUGHV

XVWHQVLOHVEUODQWV

$VVXUH]YRXVTXHOHVpOHFWURGHVHQFpUDPLTXH

EODQFKHGHODSODTXHGHFXLVVRQVRLHQWSURSUHV

HWVHFV1HWWR\H]ODSDUWLHPpWDOOLTXHGH

O·pOHFWURGHjO·DLGHG·XQOLQJHGRX[3RXUOHV

VDOHWpVGLIILFLOHVjHQOHYHUGXUFLHVXWLOLVH]XQH

OLPHpPHULSRXUQHWWR\H]ODSDUWLHPpWDOOLTXHGH

O·pOHFWURGH1·XWLOLVH]MDPDLVXQHOLPHpPHULSRXU

QHWWR\HUODSDUWLHHQFpUDPLTXHEODQFKHGH

O·pOHFWURGH9RXVSRXYH]XWLOLVHUXQOLQJHGRX[

PDLVMDPDLVXQHOLPHpPHULSRXUQHWWR\HUOD

SDUWLHEODQFKHGHO·pOHFWURGH

$YDQWGHPRQWHUjQRXYHDXOHVEUOHXUVGH

VXUIDFHSRXVVH]YHUVOHEDVFKDTXHpOHFWURGH

HQFpUDPLTXHEODQFKHSRXUYRXVDVVXUHUGH

ELHQOHVIDLUHUHSRVHUVXUOHVEDVHVGHEUOHXU

%DVHVGHEUOHXU

9RXVQHGHYH]MDPDLVHQOHYHUOHVEDVHV

GHEUOHXUSRXUOHVQHWWR\HU

3RXUQHWWR\HUOHVEDVHVGHEUOHXUXWLOLVH]GH

O·HDXVDYRQQHXVHHWXQWDPSRQjUpFXUHUHQ

SODVWLTXH$VVXUH]YRXVGHQHSDVIDLUHHQWUHU

G·HDXGDQVOHVEDVHVGHEUOHXUHWGDQVOHV

RULILFHVGHJD]HQODLWRQ

)URWWH]jO·DLGHG·XQOLQJHKXPLGH/DLVVH]VpFKHU

FRPSOqWHPHQWDYDQWG·XWLOLVHU

9RWUHSODTXHGHFXLVVRQDGHVJULOOHVGHVW\OH

SURIHVVLRQQHO&HVJULOOHVVRQWFRQoXHVSRXUOHXU

HPSODFHPHQWSDUWLFXOLHU9RXVGHYH]SODFHU

FHVJULOOHVGDQVOHXUERQHPSODFHPHQW(OOHVQH

VRQWSDVLQWHUFKDQJHDEOHV3RXUYRXVDLGHUOHV

GHVVRXVGHVJULOOHVGHJDXFKHHWGHGURLWHVVRQW

LQWpULHXU$VVXUH]YRXVTXHOHVF{WpVPDUTXpV

H[WUpPLWpVH[WpULHXUHVGHODSODTXHGHFXLVVRQ

LQWpULHXUVRLHQWHQIDFHO·XQGHO·DXWUH

7RXWHVOHVJULOOHVGRLYHQWVHWRXFKHU

TXDQGHOOHVVRQWDVVHPEOpHVVXUOD

VXUIDFHGHODSODTXHGHFXLVVRQ

3RXUOHVSODTXHVGHFXLVVRQTXLRQW

WURLVJULOOHVDVVXUH]YRXVTXHOHV

WDTXHWVVLWXpVGHFKDTXHF{WpGH

ODJULOOHGXFHQWUHHQWUHQWGDQVOHV

IHQWHVVLWXpHVGXF{WpPDUTXp

F{Wp

(QOHYH]OHVJULOOHVGHEUOHXUHQOHVVRXOHYDQW

XQLTXHPHQWTXDQGHOOHVVRQWIURLGHV9RXV

GHYH]ODYHUUpJXOLqUHPHQWOHVJULOOHVHW

QDWXUHOOHPHQWDSUqVWRXWGpERUGHPHQW

/DYH]OHVGDQVOHODYHYDLVVHOOHRXGDQVGH

O·HDXVDYRQQHXVHFKDXGHHWULQFH]OHVjO·HDX

SXUH4XDQGYRXVUHPHWWH]OHVJULOOHVHQSODFH

DVVXUH]YRXVGHELHQOHVIL[HUVXUOHVEUOHXUV

%LHQTX·HOOHVVRLHQWGXUDEOHVOHVJULOOHVSHUGURQW

JUDGXHOOHPHQWOHXUEULOODQWPDOJUpWRXVOHV

VRLQVTXHYRXVOHXUSURGLJXHUH]&·HVWGj

OHXUH[SRVLWLRQFRQVWDQWHjGHVWHPSpUDWXUHV

pOHYpHV9RXVQRWHUH]FHSKpQRPqQHSOXVW{W

DYHFOHVJULOOHVGHFRXOHXUFODLUH

1HIDLWHVSDVIRQFWLRQQHUXQEUOHXUSHQGDQW

ORQJWHPSVVDQVXQXVWHQVLOHGHFXLVLQHVXUOD

JULOOH/DVXUIDFHGHVJULOOHVSHXWV·pFDLOOHUVDQV

XVWHQVLOHSRXUDEVRUEHUODFKDOHXU

127(1HQHWWR\H]MDPDLVOHVJULOOHVGDQV

XQIRXUDXWRQHWWR\DQW



 ZZZHOHFWURPHQDJHUVJHFD

5HPSODFHPHQWGHODWrWHHWGXFDSXFKRQGHEUOHXU

5HPHWWH]ODWrWHGHEUOHXUGDQVODEDVHGH

EUOHXUHQYRXVDVVXUDQWTXHODWrWHHVWELHQ

RULHQWpHVXUODEDVHGHEUOHXUHWO·pOHFWURGH

$VVXUH]YRXVGHSODFHUODERQQHWrWHGH

EUOHXUVXUODERQQHEDVHGHEUOHXUHWGHELHQ

IDLUHUHSRVHUKRUL]RQWDOHPHQWODWrWHGHEUOHXU

VXUVDEDVH/HVWrWHVGHEUOHXUQHVRQWSDV

LQWHUFKDQJHDEOHV

5HPHWWH]OHFDSXFKRQGHEUOHXUGDQV

ODWrWHGHEUOHXUHQYRXVDVVXUDQWGH

SODFHUOHERQFDSXFKRQVXUODERQQHWrWHGH

EUOHXU/HVFDSXFKRQVGHEUOHXUQHVRQWSDV

LQWHUFKDQJHDEOHV$VVXUH]YRXVpJDOHPHQWGH

ELHQIDLUHUHSRVHUOHVFDSXFKRQVGHEUOHXUVXU

OHVWrWHV

GHEUOHXU

-*3-*3-*33*3

HW3*3

-*3HW-*3WRXVOHVEUOHXUV

$VVXUH]YRXVTXHODIHQWHGHODWrWHGHEUOHXU

VRLWSODFpHVXUO·pOHFWURGH/HFDSXFKRQGHEUOHXU

DWURLVRXTXDWUHWDTXHWV4XDQGYRXVUHPHWWH]

OHFDSXFKRQHQSODFHDVVXUH]YRXVTX·DXFXQ

WDTXHWQHUHSRVHGDQVODFKDPEUHGHVWDELOLWp

$VVXUH]YRXVTXHOHWURXGXV\VWqPHGHWrWHGH

EUOHXUVRLWSODFpVXUO·pOHFWURGHHWTXHODWrWHGH

EUOHXUSpQqWUHELHQjO·LQWpULHXUGHODEDVHGH

EUOHXU8QSHWLWHVSDFHOLEUHHQWUHODEDVHHWOD

WrWHHVWQRUPDO

&DSXFKRQGHEUOHXU

7rWHGHEUOHXU

%DVHGHEUOHXU

eOHFWURGH

*ULOOHVGHEUOHXU

6XUFHUWDLQVPRGqOHV

&{Wp

©2876,'(ª

H[WpULHXU

&{Wp

©2876,'(ª

H[WpULHXU

&{WpV

©,16,'(ª

LQWpULHXU

&DSXFKRQGHEUOHXUPDOLQVWDOOp

&DSXFKRQGHEUOHXUELHQLQVWDOOp

7DTXHWV

G·HPSODFHPHQW

&UHX[

SRXUOHVWDTXHWV

%DVHGH

EUOHXU

eOHFWURGH

7rWHGHEUOHXU

&DSXFKRQGHEUOHXU

$VVXUH]YRXVTXHOHVWDTXHWVGHEUOHXU

FRUUHVSRQGHQWDX[FUHX[GHODEDVHGHEUOHXU

HWTX·LOVVRLHQWELHQLQVWDOOpVGDQVFHVFUHX[HQ

IDLVDQWWRXUQHUOHVWrWHVMXVTX·jFHTX·HOOHVVRLHQW

ELHQKRUL]RQWDOHV

-*33*3HW3*3

EUOHXUDYDQWGURLWVHXOHPHQW

&DSXFKRQGHEUOHXU

6\VWqPHGH

WrWHGH

EUOHXU

%DVH

GHEUOHXU

eOHFWURGH

&KDPEUH

GHVWDELOLWp

6XUFHUWDLQVPRGqOHV

&{Wp

©2876,'(ª

H[WpULHXU

&{Wp

©2876,'(ª

H[WpULHXU

&{WpV

©,16,'(ª

LQWpULHXU

7DTXHWV

2ULILFH



/DLVVH]UHIURLGLUODSODTXHGHFXLVVRQ



(QOHYH]OHVJULOOHVGHEUOHXUV

7HQH]XQ

JUDWWRLUjODPHVLPSOH

jXQDQJOHG·HQYLURQVXUODVXUIDFHGH

YLWURFpUDPLTXHHWUDFOH]OHVUpVLGXV9RXV

GHYUH]H[HUFHUGHODSUHVVLRQVXUOH

JUDWWRLUjODPHSRXUOHVHQOHYHU

$SUqVDYRLUHQOHYpOHVUpVLGXVDYHFOH

JUDWWRLUjODPHYHUVH]TXHOTXHVJRXWWHV

GHFUqPHQHWWR\DQWH&(5$0$%5<7(





SRXUSODTXHGHFXLVVRQVXUOHVUpVLGXV

FDOFLQpV8WLOLVH]O·pSRQJH&(5$0$%5<7(





SRXUHQOHYHUOHVUpVLGXVUHVWDQWV

3RXUPLHX[SURWpJHUDSUqVDYRLUHQOHYp

OHVUpVLGXVSROLVVH]WRXWHODVXUIDFHDYHF

ODFUqPHQHWWR\DQWH&(5$0$%5<7(



HW

XQHVHUYLHWWHGHSDSLHU

1HWWR\DJHGHODVXUIDFHHQYLWURFpUDPLTXH

GHODSODTXHGHFXLVVRQVXUFHUWDLQVPRGqOHV

5pVLGXVFDOFLQpV

$9(57,66(0(179RXV

SRXYH](1'200$*(5YRWUHVXUIDFH

HQYLWURFpUDPLTXHVLYRXVXWLOLVH]GHVpSRQJHV

GHUpFXUDJHDXWUHVTXHFHOOHVUHFRPPDQGpHV

/DLVVH]UHIURLGLUODSODTXHGHFXLVVRQ



(QOHYH]OHVJULOOHVGHEUOHXUVHWY

HUVH]

TXHOTXHVJRXWWHVGHFUqPHQHWWR\DQWH

&(5$0$%5<7(



VXUWRXVOHVUpVLGXV

FDOFLQpV

O·DLGHGHO·pSRQJHGHUpFXUDJH&(5$0$

%5<7(



SRXUSODTXHGHFXLVVRQHQ

YLWURFpUDPLTXHIURWWH]OHVUpVLGXVHQ

H[HUoDQWODSUHVVLRQQpFHVVDLUH

6·LOUHVWHGHVUpVLGXVUpSpWH]OHVRSpUDWLRQV

LQGLTXpHVFLGHVVXV

3RXUPLHX[SURWpJHUDSUqVDYRLUHQOHYp

OHVUpVLGXVSROLVVH]WRXWHODVXUIDFHDYHF

ODFUqPHQHWWR\DQWH&(5$0$%5<7(



HW

XQHVHUYLHWWHGHSDSLHU

2QSHXWVHSURFXUHUOHJUDWWRLU

&(5$0$%5<7(



SRXUSODTXHGH

FXLVVRQHQYLWURFpUDPLTXHHWWRXV

OHVDFFHVVRLUHVUHFRPPDQGpVGDQV

QRV&HQWUHVGHSLqFHVGpWDFKpHV

&RQVXOWH]OHVLQVWUXFWLRQVGDQVOD

SLqFHVªjODSDJHVXLYDQWH

127(1·XWLOLVH]MDPDLVXQHODPH

pPRXVVpHRXpEUpFKpH

5pVLGXVFDOFLQpVGLIILFLOHVjHQOHYHU

8WLOLVH]XQHpSRQJH&(5$0$

%5<7(



SRXUSODTXHGHFXLVVRQ

HQYLWURFpUDPLTXH

1HWWR\DJHQRUPDOTXRWLGLHQ

8WLOLVH]81,48(0(17ODFUqPHQHWWR\DQWH

&(5$0$%5<7(



VXUYRWUHSODTXHGHFXLVVRQHQ

YLWURFpUDPLTXH$XWUHVFUqPHVSHXYHQWrWUHPRLQV

HIILFDFHV

3RXUHQWUHWHQLUHWSURWpJHUYRWUHSODTXHGH

FXLVVRQHQYLWURFpUDPLTXHFRQIRUPH]YRXVDX[

LQVWUXFWLRQVVXLYDQWHV

$YDQWG·XWLOLVHUYRWUHSODTXHGHFXLVVRQ

SRXUODSUHPLqUHIRLV

HQOHYH]OHVJULOOHV

GHVEUOHXUVHW

QHWWR\H]ODDYHFGHOD

FUqPHQHWWR\DQWH&(5$0$%5<7(



SRXU

SODTXHGHFXLVVRQ&HODYRXVDLGHUDjOD

SURWpJHUHWjODFRQVHUYHUSURSUH

9RWUHSODTXHGHFXLVVRQFRQVHUYHUDVRQ

DVSHFWQHXIVLYRXVXWLOLVH]FKDTXHMRXUOD

FUqPHQHWWR\DQWH&(5$0$%5<7(



SRXU

SODTXHGHFXLVVRQ

6HFRXH]ELHQOHIODFRQGHFUqPHQHWWR\DQWH

9HUVH]TXHOTXHVJRXWWHVGHFUqPH

QHWWR\DQWH&(5$0$%5<7(



GLUHFWHPHQWVXU

YRWUHSODTXHGHFXLVVRQ

8WLOLVH]XQHVHUYLHWWHHQSDSLHURXXQH

pSRQJH&(5$0$%5<7(



SRXUSODTXHGH

FXLVVRQHQYLWURFpUDPLTXHDILQGHQHWWR\HU

ODVXUIDFHGHODSODTXHGHFXLVVRQ



8WLOLVH]XQOLQJHVHFRXXQHVHUYLHWWHHQ

SDSLHUSRXUHQOHYHUWRXVOHVUpVLGXVGX

QHWWR\DJH

3DVEHVRLQGHULQFHU

127(9RXVGHYH]IDLUHELHQDWWHQWLRQGH1(

3$6IDLUHFKDXIIHUODSODTXHGHFXLVVRQDYDQW

GHODQHWWR\HUFRPSOqWHPHQW

1HWWR\H]YRWUHSODTXH

GHFXLVVRQFKDTXHIRLV

TX·HOOHHVWVDOH8WLOLVH]

ODFUqPHQHWWR\DQWH

&(5$0$%5<7(



SRXU

SODTXHGHFXLVVRQ

3RXUFRPPDQGHUODFUqPHHWOHJUDWWRLU&(5$0$

%5<7(



YHXLOOH]FRPSRVHUQRWUHQXPpURGH

WpOpSKRQHVDQVIUDLV

$SSHOH]QRXVDX 

&UqPHQHWWR\DQWH&(5$0$%5<7(





SRXUSODTXHGHFXLVVRQ

HQYLWURFpUDPLTXH:;;

*UDWWRLU&(5$0$%5<7(



SRXUSODTXHGH

FXLVVRQHQYLWURFpUDPLTXH:;;

7URXVVH:%;

ODWURXVVHFRPSUHQGXQIODFRQGHFUqPHHWXQ

JUDWWRLU

eSRQJHV&(5$0$%5<7(



SRXUSODTXHGH

FXLVVRQHQYLWURFpUDPLTXH:;;





 ZZZHOHFWURPHQDJHUVJHFD



eWHLJQH]WRXVOHVEUOHXUVGHVXUIDFHHW

DYHFGHVJDQWVLVRODQWVHQOHYH]

OHVXVWHQVLOHVGHFXLVLQHFKDXGVHW

OHVJULOOHV

 3RUWH]GHVJDQWVGHFXLVLQH

D8WLOLVH]XQJUDWWRLUjODPHVLPSOH

JUDWWRLU&(5$0$%5<7(



SRXUSODTXH

GHFXLVVRQHQYLWURFpUDPLTXHSRXU

UHSRXVVHUOHVPDWLqUHVIRQGXHVVXUXQH

VXUIDFHIURLGHGHODSODTXHGHFXLVVRQ

 E(QOHYH]OHVPDWLqUHVIRQGXHVDYHFXQH

VHUYLHWWHHQSDSLHU

 9RXVGHYH]ODLVVHUWRXWHPDWLqUHIRQGXH

TXHYRXVQ·DYH]SDVUpXVVLjHQOHYHU

MXVTX·jFHTXHODSODTXHGHFXLVVRQ

UHIURLGLVVHFRPSOqWHPHQW

 1HUpXWLOLVH]MDPDLVODSODTXHGHFXLVVRQ

DYDQWG·DYRLUHQOHYpFRPSOqWHPHQWOHV

UpVLGXV

127(6·LOV·HVWGpMjIRUPpVXUYRWUHSODTXH

GHFXLVVRQHQYLWURFpUDPLTXHGHVFUHX[RXGHV

SLTUHVYRXVGHYUH]ODUHPSODFHU'DQVFHFDV

YRXVGHYH]DSSHOHUOHVHUYLFH

'RPPDJHVFDXVpVSDUGXVXFUHFKDXGRXGHVPDWLqUHVSODVWLTXHVIRQGXHV

'·DSUqVQRVHVVDLV

LOVHPEOHTXHVLYRXV

FXLVLQH]GHVDOLPHQWV

ULFKHVHQVXFUHFRPPHGH

ODFRQILWXUHRXGXFDUDPHO

HWV·LOVGpERUGHQWLOV

SHXYHQWRFFDVLRQQHUGHV

GRPPDJHVSHUPDQHQWV

jODVXUIDFHGH

YLWURFpUDPLTXH

VLYRXVQHODQHWWR\H]SDV

LPPpGLDWHPHQW

 )DLWHVDWWHQWLRQGHQHSDVIDLUHJOLVVHUGHV

XVWHQVLOHVGHFXLVLQH

VXUYRWUHSODTXHGHFXLVVRQ,OVODLVVHURQW

GHVWUDFHVGHPpWDO

VXUODVXUIDFHGHYLWURFpUDPLTXH

 9RXVSRXUUH]HQOHYHUFHVWUDFHV

HQDSSOLTXDQWODFUqPHQHWWR\DQWH&(5$0$

%5<7(



jO·DLGHGHO·pSRQJH&(5$0$%5<7(





SRXUSODTXHGHFXLVVRQHQYLWURFpUDPLTXH

 6LYRXVODLVVH]GHVFDVVHUROHVUHFRXYHUWHV

G·XQHFRXFKHG·DOXPLQLXPRXGHFXLYUH

FKDXIIHUjVHFOHXUPpWDOSHXWODLVVHUGHV

WUDFHVQRLUHVVXUODSODTXHGHFXLVVRQ

 9RXVGHYH]HQOHYHUFHVWUDFHV

LPPpGLDWHPHQWDYDQWGHIDLUHFKDXIIHU

jQRXYHDXODSODTXHGHFXLVVRQ

$XWUHPHQWOHVWUDFHVULVTXHQWGHGHYHQLU

SHUPDQHQWHV

$9(57,66(0(17

9pULILH]WRXMRXUVOHIRQGGHYRVFDVVHUROHVSRXU

YRXVDVVXUHUTX·HOOHVQ·DLHQWSDVG·DVSpULWpVTXL

ULVTXHQWGHUD\HUODSODTXHGHFXLVVRQ

7UDFHVGHPpWDOHWUD\XUHV

&RPPHQWFRPPDQGHUGHVSLqFHV

6XUIDFHGHYLWURFpUDPLTXH³SRVVLELOLWpGHGRPPDJHVSHUPDQHQWV





$YDQWG·DSSHOHUXQWHFKQLFLHQ

SRXUOHVHUYLFH

,QIRUPDWLRQVVXUOHGpSDQQDJH

*DJQH]GXWHPSVHWpFRQRPLVHUGHO·DUJHQW3DVVH]HQUHYXHOHVFDUWHV

GHFHVSDJHVG·DERUG,OHVWSRVVLEOHTXHYRXVQ·D\H]SDVEHVRLQGHVHUYLFH

3UREOqPH &DXVHVSRVVLEOHV 4XHIDLUH

/DIODPPHRXO·H[WUpPLWp /DTXDOLWpGHFRPEXVWLRQ 8WLOLVHUO·LOOXVWUDWLRQFLGHVVRXVSRXUGpWHUPLQHU

GHODIODPPHGXEUOHXU GHODIODPPHGHEUOHXU  VLODIODPPHGHYRWUHEUOHXUHVWQRUPDOH6LODIODPPH

HVWMDXQH GRLWrWUHGpWHUPLQpH  HVWVHPEODEOHj$DSSHOHUOHWHFKQLFLHQGHVHUYLFH

 YLVXHOOHPHQW  1RUPDOHPHQWODIODPPHGHYUDLWrWUHVHPEODEOHj%RX&

   HQIRQFWLRQGXW\SHGHJD]XWLOLVp$YHFOHJD]/3LOHVW

   QRUPDOTXHO·H[WUpPLWpGHODIODPPHVXUOHF{QH

   H[WpULHXUVRLWMDXQH

 

  $²)ODPPHMDXQH %²([WUpPLWpMDXQH &²)ODPPHEOHXH

   $SSHOH]OH VXUOHVF{QHV SkOH

   WHFKQLFLHQ H[WpULHXUV 1RUPDOSRXU

   GH6HUYLFH 1RUPDOSRXU OHJD]QDWXUHO

    OHJD]/3

/HVERXWRQVGH /HERXWRQQ·HVWSDVSRXVVp 3RXUWRXUQHUGHODSRVLWLRQ2))DUUrWSRXVVHU

FRPPDQGHQH DXIRQG  OH ERXWRQHWWRXUQHU

WRXUQHQWSDV

/HVEUOHXUVQH /DSULVHGHODSODTXHGH 6·DVVXUHUTXHODSULVHG·DOLPHQWDWLRQpOHFWULTXHHVW

V·DOOXPHQWSDV

FXLVVRQQ·HVWSDVFRPSOqWHPHQW

 EUDQFKpHGDQVXQFLUFXLWFRUUHFWHPHQWPLVjODWHUUH

 HQIRQFpH

 /·DOLPHQWDWLRQHQJD]Q·HVWSDV 9RLUOHVLQVWUXFWLRQVG·LQVWDOODWLRQTXLDFFRPSDJQDLHQW

 UDFFRUGpHRXPLVHHQFLUFXLW  ODSODTXHGHFXLVVRQ

 8QIXVLEOHGHYRWUHGRPLFLOH 5HPSODFHUOHIXVLEOHRXUpHQFOHQFKHUOHGLVMRQFWHXU

 DVDXWpRXXQGLVMRQFWHXU

 V·HVWGpFOHQFKp

 /HVpOpPHQWVGXEUOHXUQ·RQW 9RLUODVHFWLRQ(QWUHWLHQHWQHWWR\DJHGHYRWUHSODTXH

 SDVpWpUHSODFpVFRUUHFWHPHQW  GHFXLVVRQ

 /HVpOHFWURGHVVRXVOHEUOHXU 9RLUODVHFWLRQ(QWUHWLHQHWQHWWR\DJHGHYRWUHSODTXH

 VRQWVDOHV  GHFXLVVRQ

 /HVpOHFWURGHVHQFpUDPLTXH 9RLUODVHFWLRQ(QWUHWLHQHWQHWWR\DJHGHYRWUHSODTXH

 EODQFKHQHVRQWSDVELHQIL[pHV  GHFXLVVRQ

 VRXVOHVEUOHXUV

 /DSODTXHGHFXLVVRQ 'pYHUURXLOOH]ODSODTXHGHFXLVVRQ9RLUODVHFWLRQ

 HVWYHUURXLOOpH  8WLOLVDWLRQGHVEUOHXUVGHSODTXHGHFXLVVRQ

 /HWURXGHO·DOOXPHXUVXU 9RLUODVHFWLRQ(QWUHWLHQHWQHWWR\DJHGHYRWUHSODTXH

 FHUWDLQVPRGqOHVHVWEORTXp  GHFXLVVRQ





ZZZHOHFWURPHQDJHUVJHFD

3UREOqPH &DXVHVSRVVLEOHV 4XHIDLUH

/HEUXLWWLFWLFGH /HERXWRQGHFRPPDQGH 7RXUQHUOHERXWRQGHODSRVLWLRQ/,7(DOOXPDJHSRXU

O·DOOXPHXUjpWLQFHOOHV HVWHQFRUHVXUODSRVLWLRQ  OHSODFHUDXUpJODJHGpVLUp

SHUVLVWHDSUqV /,7(DOOXPDJH

 (WHLQGUHOHEUOHXUHWOHUDOOXPHU6LOHSUREOqPH

O·DOOXPDJHGXEUOHXU

   SHUVLVWHDSSHOH]SRXUOHVHUYLFH

/HVIODPPHVGXEUOHXU 0pODQJHDLUJD]LQFRUUHFW 6LODSODTXHHVWFRQQHFWpHjXQHVRXUFHGH

VRQWWUqVJUDQGHVRX   JD]/3YpULILH]WRXWHVOHVpWDSHVGHVLQVWUXFWLRQV

MDXQHV   DFFRPSDJQDQWODSODTXH

/DSODTXHGHFXLVVRQIDLW /DSODTXHGHFXLVVRQ  0HWWH]OHERXWRQGHYHUURXLOODJHGHVFRQWU{OHV

XQEUXLWTXDQGYRXVPHWWH]

 HVWYHUURXLOOpH  HQSRVLWLRQ81/2&.GpYHUURXLOODJH

XQERXWRQGHFRPPDQGHVXUFHUWDLQVPRGqOHV

HQSRVLWLRQ21PDUFKH

)LQHVpJUDWLJQXUHV 9RXVDYH]IDLWJOLVVHUXQ  9RLUODVHFWLRQ1HWWR\DJHGHODVXUIDFHHQYLWURFpUDPLTXH

RXPDUTXHVG·DEUDVLRQ XVWHQVLOHGHFXLVLQHVXUODGHODSODTXHGHFXLVVRQ

VXUODVXUIDFHGH VXUIDFHGHODSODTXHGH

YLWURFpUDPLTXH FXLVVRQHQODLVVDQWGHVWUDFHV

 0pWKRGHVGHQHWWR\DJH 9RXVQHSRXUUH]SDVIDLUHGLVSDUDvWUHOHVpJUDWLJQXUHV

 LQDSSURSULpHV  9RXVUHQGUH]PRLQVYLVLEOHVOHVpJUDWLJQXUHVSHX

   SURIRQGHVHQQHWWR\DQWODSODTXHGHFXLVVRQ

 8WLOLVDWLRQG·XVWHQVLOHVGH 3RXUpYLWHUOHVpJUDWLJQXUHVXWLOLVH]OHVPpWKRGHVGH

 FXLVVRQGRQWOHIRQGHVW  QHWWR\DJHUHFRPPDQGpHV$VVXUH]YRXVTXHOHIRQGGH

 UXJXHX[RXSUpVHQFHGH  YRVXVWHQVLOHVGHFXLVLQHVRLWSURSUHDYDQWGHOHVXWLOLVHU

 SDUWLFXOHVVHORXVDEOH  HWQ·XWLOLVH]TXHGHVXVWHQVLOHVGHFXLVLQHjIRQGELHQOLVVH



HQWUHO·XVWHQVLOHHWODVXUIDFH

 GHODSODTXHGHFXLVVRQ

'pFRORUDWLRQGHOD 6XUIDFHFKDXGHVXUXQ &·HVWQRUPDO/DVXUIDFHSHXWDSSDUDvWUHGpFRORUpH

SODTXHGHFXLVVRQ PRGqOHDYHFXQHVXUIDFH  TXDQGHOOHHVWFKDXGH&HWWHGpFRORUDWLRQ

 HQYLWURFpUDPLTXHFODLUH  WHPSRUDLUHGLVSDUDvWTXDQGODVXUIDFHHQ

   YLWURFpUDPLTXHUHIURLGLW

 'pFKHWVGHQRXUULWXUHQRQ  9RLUODVHFWLRQ1HWWR\DJHGHODVXUIDFHHQYLWURFpUDPLTXH

 QHWWR\pVDYDQWO·XVDJHVXLYDQW  GHODSODTXHGHFXLVVRQ

0DWLqUHSODVWLTXHIRQGXH 'HODPDWLqUHSODVWLTXH 9RLUODVHFWLRQ6XUIDFHHQYLWURFpUDPLTXH³

VXUODVXUIDFH DpWpSODFpHVXUODSODTXH  SRVVLELOLWpGHGRPPDJHVSHUPDQHQWVGDQVODVHFWLRQ

 GHFXLVVRQFKDXGH  1HWWR\DJHGHODVXUIDFHHQYLWURFpUDPLTXHGHODSODTXH

   GHFXLVVRQ

&UHX[RXSLTUHVVXU 0pODQJHFRQWHQDQWGXVXFUH $SSHOH]XQWHFKQLFLHQSRXUUHPSODFHUODVXUIDFHGH

ODSODTXHGHFXLVVRQ FKDXGUHQYHUVpVXUODSODTXH  ODSODTXHGHFXLVVRQ

 GHFXLVVRQ



1RWHV





*DUDQWLHVXUOHVSODTXHVGHFXLVVRQjJD]

3RXUODFOLHQWqOHDX&DQDGD

/HVHUYLFHVRXVJDUDQWLHHVWDVVXUpSDUQRVFHQWUHVGH

VHUYLFHGHO·XVLQHRXSDUXQWHFKQLFLHQDJUpp&XVWRPHU&DUH



3RXU

REWHQLUOHVHUYLFHYLVLWH]QRWUHVLWH:HEjHOHFWURPHQDJHUVJHFD

RXFRQWDFWH]9HXLOOH]IRXUQLUOHQXPpURGHVpULHHW

OHQXPpURGHPRGqOHORUVTXHYRXVDSSHOH]SRXUREWHQLUOHVHUYLFH

3HQGDQWXQHSpULRGHGH 0DEHUHPSODFHUD

8QHDQQpH   7RXWpOpPHQWGHODSODTXHGHFXLVVRQGpILFLHQWjFDXVHG·XQYLFHGHIDEULFDWLRQ

jSDUWLUGHODGDWHG·DFKDW  RXGHPDLQG·RHXYUH'XUDQWFHWWHSpULRGHGHJDUDQWLHOLPLWpHG·XQDQ0DEHIRXUQLUD

pJDOHPHQWVDQVIUDLVOHVHUYLFHjGRPLFLOHSRXUOHUHPSODFHPHQWGHO·pOpPHQW

IDLVDQWGpIDXW

■/HGpSODFHPHQWjYRWUHGRPLFLOHGXWHFKQLFLHQ

GHVHUYLFHSRXUYRXVHQVHLJQHUFRPPHQWXWLOLVHU

OHSURGXLW

■,QVWDOODWLRQOLYUDLVRQRXHQWUHWLHQLQFRUUHFWHPHQW

HIIHFWXpV

■8QHSDQQHGXSURGXLWFDXVpHSDUXQHXWLOLVDWLRQDEXVLYH

XQHPDXYDLVHXWLOLVDWLRQGDQVXQEXWDXWUH

TXHFHOXLOHTXHOSRXULODpWpFRQoXRXV·LODpWpXWLOLVp

FRPPHUFLDOHPHQW

■/HUHPSODFHPHQWGHIXVLEOHVjYRWUHGRPLFLOH

RXOHUpHQFOHQFKHPHQWGHGLVMRQFWHXUV

■/HVGRPPDJHVDXSURGXLWFDXVpVSDUXQDFFLGHQW

XQLQFHQGLHXQHLQRQGDWLRQRXXQDFWHGH'LHX

■/HVGRPPDJHVLQGLUHFWVRXDFFLGHQWHOVFDXVpVSDU

GHVGpIDXWVSRVVLEOHVGHFHWDSSDUHLO

■'RPPDJHRFFDVLRQQpDSUqVODOLYUDLVRQ

■/HVHUYLFHV·LOHVWLPSRVVLEOHG·DYRLUDFFqVDXSURGXLWSRXU

FHIDLUH

&HTXH0DEHQHFRXYUHSDV

$JUDIH]OHUHoXG·DFKDWLFL

3RXUREWHQLUOHVHUYLFHVRXV

JDUDQWLHYRXVGHYUH]IRXUQLU

ODSUHXYHGHO·DFKDWRULJLQDO

(;&/86,21'(*$5$17,(6,03/,&,7(6²9RWUHVHXOHWXQLTXHUHFRXUVHVWODUpSDUDWLRQGXSURGXLW

VHORQOHVGLVSRVLWLRQVGHFHWWH*DUDQWLHOLPLWpH7RXWHVOHVJDUDQWLHVLPSOLFLWHVLQFOXDQWOHVJDUDQWLHV

GHFRPPHUFLDOLWpHWG·DGpTXDWLRQjXQXVDJHVSpFLILTXHVRQWOLPLWpHVjXQHDQQpHRXjODSpULRGH

ODSOXVFRXUWHDXWRULVpHSDUODOpJLVODWLRQ

&HWWHJDUDQWLHHVWRIIHUWHjO·DFKHWHXULQLWLDODLQVLTX·jWRXWSURSULpWDLUHVXEVpTXHQWG·XQSURGXLWDFKHWp

HQYXHG·XQHXWLOLVDWLRQGRPHVWLTXHDX&DQDGD/HVHUYLFHjGRPLFLOHHQYHUWXGHODJDUDQWLHVHUDIRXUQL

GDQVOHVUpJLRQVRLOHVWGLVSRQLEOHHWR0DEHHVWLPHUDLVRQQDEOHGHOHIRXUQLU

&HUWDLQHVSURYLQFHVQ·DXWRULVHQWSDVO·H[FOXVLRQRXODOLPLWDWLRQGHVGRPPDJHVLQGLUHFWVODOLPLWDWLRQRXO·H[FOXVLRQ

QHYRXVVRQWSDVDSSOLFDEOHV&HWWHJDUDQWLHYRXVFRQIqUHGHVGURLWVVSpFLILTXHVHWYRXVGLVSRVH]GHGURLWV

VXSSOpPHQWDLUHVTXLYDULHQWG·XQHSURYLQFHjO·DXWUH3RXUHQVDYRLUSOXVVXUOHVGURLWVTXLYRXV

VRQWFRQIpUpVSRXUXQHSURYLQFHGRQQpHFRQVXOWH]OHEXUHDXG·LQIRUPDWLRQVSRXUOHVFRQVRPPDWHXUV

OHSOXVSURFKHRXOHSURFXUHXUGHYRWUHSURYLQFH

*DUDQW0DEH&DQDGD,QF

%XUOLQJWRQ2QWDULR



6RXWLHQDXFRQVRPPDWHXU

6LWH:HEDSSDUHLOVpOHFWURPpQDJHUV*(

 ZZZHOHFWURPHQDJHUVJHFD

9RXVDYH]XQHTXHVWLRQRXYRXVDYH]EHVRLQG·DLGHSRXUYRWUHDSSDUHLOpOHFWURPpQDJHU"&RQWDFWH]QRXVSDU,QWHUQHW

DXVLWHZZZHOHFWURPHQDJHUVJHFDKHXUHVSDUMRXUWRXVOHVMRXUVGHO·DQQpH

6HUYLFHGHUpSDUDWLRQV 

6HUYLFHGHUpSDUDWLRQV*(HVWWRXWSUqVGHYRXV

3RXUIDLUHUpSDUHUYRWUHpOHFWURPpQDJHU*(LOVXIILWGHQRXVWpOpSKRQHU

6WXGLRGHFRQFHSWLRQUpDOLVWH

6XUGHPDQGH*(SHXWIRXUQLUXQHEURFKXUHVXUO·DPpQDJHPHQWG·XQHFXLVLQHSRXUOHVSHUVRQQHV

jPRELOLWpUpGXLWH

eFULYH] 'LUHFWHXU5HODWLRQVDYHFOHVFRQVRPPDWHXUV0DEH&DQDGD,QF

%XUHDX)DFWRU\/DQH

0RQFWRQ1%(&0

3URORQJDWLRQGHJDUDQWLH ZZZHOHFWURPHQDJHUVJHFD

$FKHWH]XQFRQWUDWG·HQWUHWLHQ*(DYDQWTXHYRWUHJDUDQWLHQ·H[SLUHHWEpQpILFLH]G·XQUDEDLVVXEVWDQWLHO$LQVLOH

VHUYLFHDSUqVYHQWH*(VHUDWRXMRXUVOjDSUqVH[SLUDWLRQGHODJDUDQWLH

9LVLWH]QRWUHVLWH:HERXDSSHOH]QRXVDX

3LqFHVHWDFFHVVRLUHV

&HX[TXLGpVLUHQWUpSDUHUHX[PrPHVOHXUVpOHFWURPpQDJHUVSHXYHQWUHFHYRLUSLqFHVHWDFFHVVRLUHVGLUHFWHPHQWjOD

PDLVRQFDUWHV9,6$0DVWHU&DUGHW'LVFRYHUDFFHSWpHV

/HVGLUHFWLYHVVWLSXOpHVGDQVOHSUpVHQWPDQXHOSHXYHQWrWUHHIIHFWXpHVSDUQ·LPSRUWHTXHOXWLOLVDWHXU/HVDXWUHV

UpSDUDWLRQVGRLYHQWJpQpUDOHPHQWrWUHHIIHFWXpHVSDUXQWHFKQLFLHQTXDOLILp6R\H]SUXGHQWFDUXQHUpSDUDWLRQ

LQDGpTXDWHSHXWDIIHFWHUOHIRQFWLRQQHPHQWVpFXULWDLUHGHO·DSSDUHLO

9RXVWURXYHUH]GDQVOHVSDJHVMDXQHVGHYRWUHDQQXDLUHOHQXPpURGX&HQWUHGHVHUYLFH0DEHOHSOXVSURFKH

$XWUHPHQWDSSHOH]QRXVDX

&RQWDFWH]QRXV

6LYRXVQ·rWHVSDVVDWLVIDLWGXVHUYLFHDSUqVYHQWHGRQWYRXVDYH]EpQpILFLp

3UHPLqUHPHQWFRPPXQLTXH]DYHFOHVJHQVTXLRQWUpSDUpYRWUHDSSDUHLO

(QVXLWHVLYRXVQ·rWHVWRXMRXUVSDVVDWLVIDLWHQYR\H]WRXVOHVGpWDLOV³QXPpURGHWpOpSKRQHFRPSULV³DX

 'LUHFWHXU5HODWLRQVDYHFOHVFRQVRPPDWHXUV0DEH&DQDGD,QF

%XUHDX)DFWRU\/DQH

0RQFWRQ1%(&0

,QVFULYH]YRWUHDSSDUHLOpOHFWURPpQDJHU

 ZZZHOHFWURPHQDJHUVJHFD

,QVFULYH]YRWUHDSSDUHLOpOHFWURPpQDJHUHQGLUHFWDXVVLW{WTXHSRVVLEOH&HODDPpOLRUHUDQRVFRPPXQLFDWLRQVHW

QRWUHVHUYLFHDSUqVYHQWH9RXVSRXYH]pJDOHPHQWQRXVHQYR\HUSDUODSRVWH

OHIRUPXODLUHG·LQVFULSWLRQMRLQWjYRWUHGRFXPHQWDWLRQ

GE - General Electric JGP940BEKBB GE 30" Gas Cooktop JCGP940BEKBB

Product's Documents

User Manual

Specifications

GE - General Electric JGP940BEKBB Questions and Answers

Related Products

GE - General Electric ZGW125EN3SS GE gas cooktop

GE - General Electric JGP945CEK2CC GE gas cooktop

GE - General Electric ZGU384NSM4SS GE gas cooktop

GE - General Electric JGP970KEK2CC GE gas cooktop

GE - General Electric ZGU384NSM3SS GE gas cooktop

GE - General Electric ZGU36KWK2WW GE gas cooktop