manuals.online logo
Brands
  1. Home
  2. •
  3. Brands
  4. •
  5. Husqvarna
  6. •
  7. Lawn Mower
  8. •
  9. Husqvarna L 421P User manual

Husqvarna L 421P User manual

2SHUDWRUV0DQXDO
0DQXDOGH2SHUDULR
0DQXHOGH/2SÿUDWHXU
/3
3OHDVHUHDGWKHRSHUDWRUċVPDQXDOFDUHIXOO\DQGPDNHVXUH
\RXXQGHUVWDQGWKHLQVWUXFWLRQVEHIRUHXVLQJWKHPDFKLQH
/LVH]WUýVDWWHQWLYHPHQWHWVR\H]FHUWDLQGHFRPSUHQGH
FHVLQVWUXFWLRQVDYDQWGXWLOLVHUFHWWHPDFKLQH
*DVROLQHFRQWDLQLQJXSWRHWKDQRO(LVDFFHSW
DEOHIRUXVHLQWKLVPDFKLQH7KHXVHRIDQ\JDVROLQHH[
FHHGLQJHWKDQRO(ZLOOYRLGWKHSURGXFWZDUUDQW\
9RXVSRXYH]XWLOLVHUGHOHVVHQFHFRQWHQDQWMXVTXć
GÿWKDQRO(DYHFFHWDSSDUHLO/XWLOLVDWLRQ
GHVVHQFHFRQWHQDQWSOXVGHGÿWKDQRODQQXOHUD
ODJDUDQWLHGXSURGXLW
(VWD PĉTXLQD SXHGH XWLOL]DU JDVROLQD FRQ XQ
FRQWHQLGRGHKDVWDHOGHHWDQRO((OXVRGH
XQD JDVROLQD TXH VXSHUH HO  GH HWDQRO (
DQXODUĉODJDUDQWõDGHOSURGXFWR
(QJOLVK(VSDÆRO
)UHQFK

www.husqvarna.com
2ULJLQDOLQVWUXFWLRQV
,QVWUXFFLRQHVRULJLQDOHV
,QVWUXFWLRQVGಬRULJLQH


 
&RQWHQWV
,1752'8&7,21 
6$)(7<
$66(0%/< 
23(5$7,21
0$,17(1$1&(
75$163257$7,21$1'6725$*( 
7(&+1,&$/'$7$

,1752'8&7,21
2SHUDWRUVPDQXDO
7KHLQLWLDOODQJXDJHRIWKLVRSHUDWRUVPDQXDOLV(QJOLVK
2SHUDWRUVPDQXDOVLQRWKHUODQJXDJHVDUHWUDQVODWLRQV
IURP(QJOLVK

2YHUYLHZ
1
2
3
9
12
14
4
5
7
10
11
8
13
6
 (QJLQHEUDNHKDQGOH
 6WDUWHUURSHKDQGOH
 *UDVVFDWFKHU
 )XHOWDQNFDS
 $LUILOWHU
 6SDUNSOXJ
 0XIIOHU
 :DVKRXWSRUW
 5HDUGHIOHFWRU
 (QJLQHRLOFDSZLWKGLSVWLFN
 &XWWLQJKHLJKWFRQWURO
 0XOFKSOXJ
 )URQWEXPSHU
 2SHUDWRUVPDQXDO
6\PEROVRQWKHSURGXFW
:DUQLQJ
5HDGWKLVPDQXDO
 
 
 
:HDUDSSURYHGKHDULQJSURWHFWLRQ
'RQRWGLVFDUGPDQXDO
.HHSKDQGVDQGIHHWDZD\IURPURWDWLQJ
EODGHV
.HHSKDQGVDQGIHHWDZD\IURPURWDWLQJ
EODGHV'RQRWRSHQRUUHPRYHWKH
SURWHFWLYHVKLHOGVZKLOHWKHHQJLQHRUPRWRU
UXQV
%HIRUHDQGZKLOHZDONLQJUHDUZDUGORRN
EHKLQGDQGGRZQIRUVPDOOFKLOGUHQDQLPDOV
RURWKHUULVNVWKDWFDQFDXVH\RXWRIDOO
.HHSKDQGVDQGIHHWDZD\IURPURWDWLQJ
EODGHV
2EMHFWVFDQEHHMHFWHGE\WKHEODGH
.HHSSHUVRQVDQGDQLPDOVDWDVDIH
GLVWDQFHIURPWKHZRUNDUHD
6ORSHKD]DUG
5LVNRIILUH
7KHH[KDXVWIXPHVIURPWKHHQJLQHFRQWDLQ
FDUERQPRQR[LGHDQRGRUOHVVSRLVRQRXV
DQGYHU\GDQJHURXVJDV'RQRWVWDUWWKH
HQJLQHLQGRRUVRULQFORVHGVSDFHV
(OHFWULFDOVKRFN
+RWVXUIDFH
$OZD\VVWRSWKHHQJLQHEHIRUHUHIXHOLQJ
2LO
)XHO
(QJLQHRII
(QJLQHRQ
&KRNH
)DVW
6ORZ
7KHH[KDXVWIXPHVDUHKRWDQGFDQFRQWDLQ
DVSDUNZKLFKFDQVWDUWDILUH
7KHSURGXFWRUSDFNDJLQJFDQQRWEH
KDQGOHGDVGRPHVWLFZDVWH7KHSURGXFW
DQGSDFNDJLQJPXVWEHVXEPLWWHGWRDQ
DSSURSULDWHUHF\FOLQJVWDWLRQIRUWKHUHFRYHU\
RIHOHFWULFDODQGHOHFWURQLFHTXLSPHQW
3URGXFWOLDELOLW\
$VUHIHUUHGWRLQWKHSURGXFWOLDELOLW\ODZVZHDUHQRW
OLDEOHIRUGDPDJHVWKDWRXUSURGXFWFDXVHVLI
ವ WKHSURGXFWLVLQFRUUHFWO\UHSDLUHG
ವ WKHSURGXFWLVUHSDLUHGZLWKSDUWVWKDWDUHQRWIURP
WKHPDQXIDFWXUHURUQRWDSSURYHGE\WKH
PDQXIDFWXUHU
ವ WKHSURGXFWKDVDQDFFHVVRU\WKDWLVQRWIURPWKH
PDQXIDFWXUHURUQRWDSSURYHGE\WKHPDQXIDFWXUHU
ವ WKHSURGXFWLVQRWUHSDLUHGDWDQDSSURYHGVHUYLFH
FHQWHURUE\DQDSSURYHGDXWKRULW\

6$)(7<
6DIHW\GHILQLWLRQV
7KHGHILQLWLRQVEHORZJLYHWKHOHYHORIVHYHULW\IRUHDFK
VLJQDOZRUG
:$51,1*,QMXU\WRSHUVRQV
&$87,21'DPDJHWRWKHSURGXFW
1RWH7KLVLQIRUPDWLRQPDNHVWKHSURGXFWHDVLHUWRXVH
*HQHUDOVDIHW\LQVWUXFWLRQV
:$51,1*5HDGWKHZDUQLQJLQVWUXFWLRQV
WKDWIROORZEHIRUH\RXXVHWKHSURGXFW
ವ 8VHWKHSURGXFWFRUUHFWO\,QMXU\RUGHDWKLVD
SRVVLEOHUHVXOWRILQFRUUHFWXVH2QO\XVHWKHSURGXFW
IRUWKHWDVNVIRXQGLQWKLVPDQXDO'RQRWXVHWKH
SURGXFWIRURWKHUWDVNV
ವ 2EH\WKHLQVWUXFWLRQVLQWKLVPDQXDO2EH\WKHVDIHW\
V\PEROVDQGWKHVDIHW\LQVWUXFWLRQV,IWKHRSHUDWRU
GRHVQRWREH\WKHLQVWUXFWLRQVDQGWKHV\PEROV
LQMXU\GDPDJHRUGHDWKLVDSRVVLEOHUHVXOW
ವ 'RQRWGLVFDUGWKLVPDQXDO8VHWKHLQVWUXFWLRQVWR
DVVHPEOHWRRSHUDWHDQGWRNHHS\RXUSURGXFWLQ
JRRGFRQGLWLRQ8VHWKHLQVWUXFWLRQVIRUFRUUHFW
LQVWDOODWLRQRIDWWDFKPHQWVDQGDFFHVVRULHV2QO\
XVHDSSURYHGDWWDFKPHQWVDQGDFFHVVRULHV
ವ 'RQRWXVHDGDPDJHGSURGXFW2EH\WKH
PDLQWHQDQFHVFKHGXOH2QO\GRWKHPDLQWHQDQFH
ZRUNWKDW\RXILQGDQLQVWUXFWLRQDERXWLQWKLV
PDQXDO$QDSSURYHGVHUYLFHFHQWHUPXVWGRDOO
RWKHUPDLQWHQDQFHZRUN
ವ 7KLVPDQXDOFDQQRWLQFOXGHDOOVLWXDWLRQVWKDWFDQ
RFFXUZKHQ\RXXVHWKHSURGXFW%HFDUHIXODQGXVH
\RXUFRPPRQVHQVH'RQRWRSHUDWHWKHSURGXFWRU
GRPDLQWHQDQFHRQWKHSURGXFWLI\RXDUHQRWVXUH
DERXWRIWKHVLWXDWLRQ6SHDNWRDSURGXFWH[SHUW
\RXUGHDOHUVHUYLFHDJHQWRUDSSURYHGVHUYLFH
FHQWHUIRULQIRUPDWLRQ
ವ 'LVFRQQHFWWKHVSDUNSOXJFDEOHEHIRUH\RX
DVVHPEOHWKHSURGXFWSXWWKHSURGXFWLQWRVWRUDJHRU
GRPDLQWHQDQFH
ವ 'RQRWXVHWKHSURGXFWLILWLVFKDQJHGIURPLWVLQLWLDO
VSHFLILFDWLRQ'RQRWFKDQJHDSDUWRIWKHSURGXFW
ZLWKRXWDSSURYDOIURPWKHPDQXIDFWXUHU2QO\XVH
SDUWVDSSURYHGE\WKHPDQXIDFWXUHU,QMXU\RUGHDWK
LVDSRVVLEOHUHVXOWRILQFRUUHFWPDLQWHQDQFH
ವ 'RQRWEUHDWKHLQWKHIXPHVIURPWKHHQJLQH/RQJ
WHUPLQKDODWLRQRIWKHHQJLQHVH[KDXVWIXPHVLVD
KHDOWKULVN
ವ 'RQRWVWDUWWKHSURGXFWLQGRRUVRUQHDUIODPPDEOH
PDWHULDO7KHH[KDXVWIXPHVDUHKRWDQGFDQFRQWDLQ
DVSDUNZKLFKFDQVWDUWDILUH1RWVXIILFLHQWDLUIORZ
FDQFDXVHLQMXU\RUGHDWKEHFDXVHRIDVSK\[LDWLRQRU
FDUERQPRQR[LGH
ವ :KHQ\RXXVHWKLVSURGXFWWKHHQJLQHPDNHVDQ
HOHFWURPDJQHWLFILHOG7KHHOHFWURPDJQHWLFILHOGFDQ
FDXVHGDPDJHWRPHGLFDOLPSODQWV6SHDNWR\RXU
SK\VLFLDQDQGPHGLFDOLPSODQWPDQXIDFWXUHUEHIRUH
\RXRSHUDWHWKHSURGXFW
ವ 'RQRWOHWDFKLOGRSHUDWHWKHSURGXFW'RQRWOHWD
SHUVRQZLWKRXWNQRZOHGJHRIWKHLQVWUXFWLRQVRSHUDWH
WKHSURGXFW
ವ 0DNHVXUHWKDW\RXDOZD\VPRQLWRUDSHUVRQZLWK
GHFUHDVHGSK\VLFDOFDSDFLW\RUPHQWDOFDSDFLW\WKDW
XVHVWKHSURGXFW$UHVSRQVLEOHDGXOWPXVWEHWKHUH
DWDOOWLPHV
ವ /RFNWKHSURGXFWLQDQDUHDWKDWFKLOGUHQDQG
XQDSSURYHGSHUVRQVFDQQRWDFFHVV
ವ 7KHSURGXFWFDQHMHFWREMHFWVDQGFDXVHLQMXULHV
2EH\WKHVDIHW\LQVWUXFWLRQVWRGHFUHDVHWKHULVNRI
LQMXU\RUGHDWK
ವ 'RQRWJRDZD\IURPWKHSURGXFWZKHQWKHHQJLQHLV
RQ
ವ 7KHRSHUDWRURIWKHSURGXFWLVUHVSRQVLEOHLIDQ
DFFLGHQWRFFXUV
ವ 0DNHVXUHWKDWSDUWVDUHQRWGDPDJHGEHIRUH\RX
XVHWKHSURGXFW
ವ 0DNHVXUHWKDW\RXDUHDWPLQLPXPPIW
DZD\IURPRWKHUSHUVRQVRUDQLPDOVEHIRUH\RXXVH
WKHSURGXFW0DNHVXUHWKDWSHUVRQVLQWKHDGMDFHQW
DUHDNQRZWKDW\RXZLOOXVHWKHSURGXFW
ವ 5HIHUWRQDWLRQDORUORFDOODZV7KH\FDQSUHYHQWRU
GHFUHDVHWKHRSHUDWLRQRIWKHSURGXFWLQVRPH
FRQGLWLRQV
ವ 'RQRWXVHWKHSURGXFWLI\RXDUHIDWLJXHGRU
LQIOXHQFHGE\DOFRKROGUXJVRUPHGLFLQH7KH\FDQ
KDYHHIIHFWVRQ\RXUYLVLRQDOHUWQHVVFRRUGLQDWLRQ
RUMXGJPHQW
6DIHW\LQVWUXFWLRQVIRURSHUDWLRQ
ವ .QRZWKHFRQWUROVDQGWKHFRUUHFWRSHUDWLRQRIWKH
SURGXFWEHIRUHXVH
ವ 'RQRWOHWFKLOGUHQRUSHUVRQVZLWKRXWNQRZOHGJHRI
WKHVHLQVWUXFWLRQVXVHWKHSURGXFW
ವ 'RQRWRSHUDWHWKHSURGXFWZKLOHSHUVRQVHVSHFLDOO\
FKLOGUHQRUDQLPDOVDUHQHDU
ವ .HHSFKLOGUHQDZD\IURPWKHDUHDWREHFXWDQG
PRQLWRUHGE\DQDGXOWWKDWLVQRWWKHRSHUDWRU
ವ 6WRSWKHSURGXFWLIFKLOGUHQHQWHUWKHZRUNDUHD
 
8QLW /3
7\SHGಬKXLOH$3,6*6/ 6$(DXGHVVXVGHr&r)
6$(:HQGHVVRXVGHr&
r)
&DSDFLW«GಬKXLOH 2QFHV 
FDUWHPHQWGHV«OHFWURGHVGHODERX
JLHGಬDOOXPDJH
PPSRXFHV 
7\SHGHERXJLHGಬDOOXPDJH 
&RXSOHGHVHUUDJHGXERXORQGH
ODPH
1PSLOE 
 
 8WLOLVHUXQHFDOHHQERLVHQWUHODODPHHWOHFDUWHUGH
ODWRQGHXVH6HUUHUOHERXORQGHODODPHHWOHWRXUQHU
GDQVOHVHQVKRUDLUH
 7RXMRXUVVHUUHUOHERXORQDXFRXSOHGH1P
SLOE
 6ಬDVVXUHUTXHOHF¤EOHGHODERXJLHGಬDOOXPDJHHVW
G«EUDQFK«GXPRWHXU
0,6((1*$5'(3RXU«YLWHUWRXW
G«PDUUDJHDFFLGHQWHOWRXMRXUV
G«EUDQFKHUOHF¤EOHGHODERXJLH
GಬDOOXPDJHHWOHSODFHU¢XQHQGURLWR»LO
QHSHXWSDVHQWUHUHQFRQWDFWDYHFOD
ERXJLHGಬDOOXPDJH
 7LUHUODODPH¢ODPDLQSRXUVಬDVVXUHUTXಬHOOHWRXUQH
OLEUHPHQW
75$163257(7(175(326$*(
ವ *DUGHUWRXVOHV«TXLSHPHQWVHQV«FXULW«SHQGDQWOH
WUDQVSRUWSRXU«YLWHUWRXWGRPPDJHRXDFFLGHQW
ವ GHVILQVGಬHQWUHSRVDJHSODFHUOಬ«TXLSHPHQWGDQV
XQH]RQHIHUPDEOH¢FO«¢Oಬ«FDUWGHVHQIDQWVHWGHV
SHUVRQQHVQRQDXWRULV«HV
ವ 3RXUOಬHQWUHSRVDJHJDUGHUODWRQGHXVHHW
Oಬ«TXLSHPHQWGDQVXQHQGURLWVHFHW¢Oಬ«SUHXYHGX
JHO
ವ /RUVGXFKDUJHPHQWRXGXG«SODFHPHQWGHOD
WRQGHXVHQHSDVG«SDVVHUOಬDQJOHGH
IRQFWLRQQHPHQWPD[LPDOUHFRPPDQG«GHGHJU«V
ವ 9LGHUOHU«VHUYRLUGHFDUEXUDQWHQIDLVDQWIRQFWLRQQHU
ODWRQGHXVHMXVTXಬ¢FHTXHOHU«VHUYRLUVRLWYLGH
ವ 9LGDQJHUOಬKXLOHPRWHXU
ವ 1HWWR\HUODWRQGHXVH3RXUREWHQLUGHV
UHQVHLJQHPHQWVVXSSO«PHQWDLUHVVHUHSRUWHU¢OD
VHFWLRQ
1HWWR\HUODWRQGHXVH¢ODSDJH

ವ 6HUUHUOHVERXORQVHWOHV«FURXV
ವ 5HPSODFHURXU«SDUHUOHVFRPSRVDQWV
HQGRPPDJ«V
ವ 5HWRXFKHUWRXWHVOHVVXUIDFHVURXLOO«HVRX
HQGRPPDJ«HV3RQFHUO«JªUHPHQWDYDQWGH
SHLQGUH
ವ 8WLOLVHUOHFRXYHUFOHGHSURWHFWLRQDSSURSUL«SRXU
FRXYULUODWRQGHXVHHWODPDLQWHQLUDXVHF1HSDV
XWLOLVHUGXSODVWLTXHFDULOSHUPHWXQHDFFXPXODWLRQ
GHODFRQGHQVDWLRQFHTXLSURYRTXHODFRUURVLRQGH
ODWRQGHXVH
'211(67(&+1,48(6
8QLW /3
&DSDFLW«GಬHVVHQFH OLWUHVSLQWHV 
7\SHGಬHVVHQFH 2UGLQDLUHVDQVSORPEVHXOHPHQW
 
ವ )XOO\H[DPLQHWKHDUHDZKHUHWKHSURGXFWLVWREH
XVHG5HPRYHDOOREMHFWVZKLFKFDQEHHMHFWHGE\
WKHSURGXFWGXULQJRSHUDWLRQ
ವ ([DPLQHWKHEODGHEODGHEROWEODGHDVVHPEO\DQG
PRWRUEDVHEHIRUHXVHIRUZHDUDQGGDPDJH
ವ 2SHUDWHWKHSURGXFWRQO\LQGD\OLJKWRULQJRRG
DUWLILFLDOOLJKW
ವ 'RQRWRSHUDWHWKHSURGXFWLQZHWJUDVV
ವ %HFDUHIXOQHDUFRUQHUVEXVKHVWUHHVRURWKHU
REMHFWVWKDWFDQSUHYHQW\RXUYLHZ
ವ 8VHYHU\KLJKFDXWLRQZKHQ\RXUHYHUVHRUSXOOWKH
SURGXFWLQ\RXUGLUHFWLRQ
ವ 'RQRWSXWKDQGVRUIHHWQHDURUEHORZURWDWLQJSDUWV
.HHSFOHDURIWKHGLVFKDUJHRSHQLQJVDWDOOWLPHV
ವ 6WRSWKHEODGHZKHQ\RXJRDFURVVJUDYHOVXUIDFHV
ವ 6WRSWKHHQJLQHDQGZDLWXQWLOWKHEODGHVWRSVIXOO\
EHIRUH\RXFOHDQWKHSURGXFWUHPRYHWKHJUDVV
FDWFKHURUUHPRYHPDWHULDOIURPWKHGLVFKDUJH
FKXWH
ವ 'LVHQJDJHWKHGULYHV\VWHPLILQVWDOOHGEHIRUH\RX
VWDUWWKHHQJLQH
ವ 'RQRWRSHUDWHWKHSURGXFWZKHQ\RXDUHWLUHGLOORU
XQGHUWKHLQIOXHQFHRIDOFRKRORURWKHUGUXJV
ವ ,IWKHSURGXFWKDVXQXVXDOYLEUDWLRQVWRSWKHHQJLQH
DQGLPPHGLDWHO\H[DPLQHIRUWKHFDXVH9LEUDWLRQLV
XVXDOO\DZDUQLQJRIGDPDJH
ವ 'RQRWSRLQWHMHFWHGPDWHULDOLQWKHGLUHFWLRQRI
RWKHUV'RQRWHMHFWPDWHULDODJDLQVWDZDOORU
EORFNDJH0DWHULDOPD\ULFRFKHWEDFNLQWKHGLUHFWLRQ
RIWKHRSHUDWRU
ವ 'RQRWRSHUDWHWKHSURGXFWZLWKRXWWKHFRUUHFW
JXDUGVSODWHVJUDVVFDWFKHURURWKHUVDIHW\
SURWHFWLYHGHYLFHVLQSRVLWLRQ
:RUNDUHDVDIHW\
ವ 5HPRYHEUDQFKHVWZLJVVWRQHVDQGRWKHUREMHFWV
IURPWKHODZQEHIRUH\RXVWDUWWRFXW
ವ .HHSSHUVRQVLQFOXGLQJFKLOGUHQDQGDQLPDOVDWD
VDIHGLVWDQFHIURPWKHZRUNDUHD
ವ 2EMHFWVWKDWKLWDJDLQVWWKHFXWWLQJHTXLSPHQWFDQEH
HMHFWHGDQGFDXVHGDPDJHWRSHUVRQVDQGREMHFWV
ವ 'RQRWXVHWKHSURGXFWLQEDGZHDWKHULQFOXGLQJIRJ
UDLQPRLVWRUZHWORFDWLRQVVWURQJZLQGVLQWHQVH
FROGDQGULVNRIOLJKWQLQJ'RLQJZRUNLQEDGZHDWKHU
FDQFDXVHIDWLJXHDQGGDQJHURXVFRQGLWLRQVVXFK
DVVOLSSHU\VXUIDFHV
ವ ([DPLQH\RXUZRUNDUHDWRPDNHVXUHWKDW\RXU
FRQWURORIWKHSURGXFWFDQQRWEHSUHYHQWHG
ವ %HFDUHIXORIURRWVVWRQHVWZLJVSLWVDQGGLWFKHV
+LJKJUDVVFDQFRQFHDOREVWDFOHV
ವ %HFDUHIXOZKHQ\RXJRQHDUKLGGHQFRUQHUVDQG
REMHFWVWKDWFDQSUHYHQW\RXUYLHZ
6DIHW\LQVWUXFWLRQVIRUVORSHV
ವ %HFDUHIXOZKHQ\RXFXWRQDVORSH6ORSHVFDQEH
GDQJHURXV$IDOORQDVORSHFDQFDXVHLQMXU\
ವ &XWDFURVVWKHIDFHRIVORSHV'RQRWFXWXSDQG
GRZQ
ವ %HFDUHIXOZKHQ\RXFKDQJHGLUHFWLRQRQDVORSH
ವ %HFDUHIXORIKLGGHQREMHFWVRUKROHVLQWKHODZQ
5RXJKWHUUDLQFDQFDXVH\RXWRIDOO
ವ 'RQRWFXWQHDUDVWHHSVORSHGURSRIIGLWFKRU
HPEDQNPHQW<RXFDQIDOO
ವ 'RQRWFXWRQZHWJUDVV<RXFDQIDOO
ವ 'RQRWFXWRQWHUUDLQZLWKPRUHWKDQDGHJUHH
VORSH
3HUVRQDOSURWHFWLYHHTXLSPHQW
$OZD\VXVHWKHFRUUHFWSHUVRQDOSURWHFWLYHHTXLSPHQW
ZKHQ\RXRSHUDWHWKHSURGXFW7KLVLQFOXGHVDW
PLQLPXPVWXUG\IRRWZHDUH\HSURWHFWLRQDQGKHDULQJ
SURWHFWLRQ3HUVRQDOSURWHFWLYHHTXLSPHQWGRHVQRW
HUDVHWKHULVNRILQMXU\EXWPD\GHFUHDVHWKHJUDGHRI
LQMXU\LIDQDFFLGHQWRFFXUV
ವ $OZD\VZHDUVDIHW\JODVVHVRUH\HSURWHFWLRQZKLOH
\RXRSHUDWHWKHSURGXFWRUGRPDLQWHQDQFHRU
UHSDLUV
ವ 'RQRWRSHUDWHWKHSURGXFWZLWKEDUHIHHWRUZLWK
RSHQVKRHV$OZD\VXVHKHDY\GXW\VOLSUHVLVWDQW
ERRWVZLWKJRRGDQNOHVXSSRUWZKLOH\RXRSHUDWHWKH
SURGXFW
ವ :HDUKHDY\ORQJSDQWV'RQRWZHDUVKRUWVVDQGDOV
RUJREDUHIRRW
ವ 8VHDSSURYHGSURWHFWLYHJORYHVLIQHFHVVDU\)RU
H[DPSOHZKHQDWWDFKLQJH[DPLQLQJRUFOHDQLQJWKH
EODGH
ವ $OZD\VXVHDSSURYHGHDUSURWHFWLRQZKLOH\RX
RSHUDWHWKHSURGXFW1RLVHIRUDORQJSHULRGFDQ
FDXVHQRLVHLQGXFHGKHDULQJORVV
3URWHFWLYHGHYLFHVRQWKHSURGXFW
ವ 0DNHVXUHWKDW\RXUHJXODUO\GRWKHPDLQWHQDQFHWR
WKHSURGXFW
ವ 7KHOLIHRIWKHSURGXFWLQFUHDVHV
ವ 7KHULVNRIDFFLGHQWVGHFUHDVHV
/HWDQDSSURYHGGHDOHURUDQDSSURYHGVHUYLFH
FHQWHUUHJXODUO\H[DPLQHWKHSURGXFWWRGR
DGMXVWPHQWVRUUHSDLUV
ವ 'RQRWXVHDSURGXFWZLWKGDPDJHGSURWHFWLYH
HTXLSPHQW,IWKHSURGXFWLVGDPDJHGVSHDNWRDQ
DSSURYHGVHUYLFHFHQWHU
(QJLQHEUDNHKDQGOH
7KHHQJLQHEUDNHKDQGOHVWRSVWKHHQJLQH:KHQWKH
HQJLQHEUDNHKDQGOHLVUHOHDVHGWKHHQJLQHVWRSV
7RGRDQLQVSHFWLRQRIWKHHQJLQHEUDNHVWDUWWKHHQJLQH
DQGWKHQUHOHDVHWKHHQJLQHEUDNHKDQGOH

,IWKHHQJLQHGRHVQRWVWRSLQVHFRQGVOHWDQ
DSSURYHGVHUYLFHDJHQWDGMXVWWKHHQJLQHEUDNH
5HDUGHIOHFWRUDQGUHDUGRRU
7KHUHDUGHIOHFWRUDQGUHDUGRRUGHFUHDVHWKHULVNRI
REMHFWVEHLQJHMHFWHGIURPEHKLQGWKHSURGXFWLQWRWKH
RSHUDWRUಬVPRZSRVLWLRQ7KHUHDUGHIOHFWRULVDWWDFKHG
EHWZHHQWKHUHDUZKHHOVRI\RXUSURGXFW
8
ವ 0DNHVXUHWKHUHDUGRRULVQRWGDPDJHGDQGWKDWQR
GHIHFWVDUHLQYLHZVXFKDVFUDFNVRUEURNHQ
VSULQJV'HIHFWVFDXVHWKHGRRUWRFORVHZLWKIRUFH
5HSODFHWKHGRRURUVSULQJVLIGDPDJHG
ವ 0DNHVXUHWKHUHDUGHIOHFWRULVQRWGDPDJHGDQG
WKDWQRGHIHFWVDUHLQYLHZVXFKDVFUDFNVRU
PLVVLQJKDUGZDUH0DNHVXUHWKHGHIOHFWRULVIUHHWR
URWDWH5HSODFHWKHGHIOHFWRURUKDUGZDUHLI
GDPDJHG
0XIIOHU
7KHPXIIOHUNHHSVWKHQRLVHOHYHOVWRDPLQLPXPDQG
VHQGVWKHH[KDXVWIXPHVDZD\IURPWKHRSHUDWRU
'RQRWXVHWKHSURGXFWLIWKHPXIIOHULVPLVVLQJRU
GHIHFWLYH$GHIHFWLYHPXIIOHULQFUHDVHVWKHQRLVHOHYHO
DQGWKHULVNRIILUH
:$51,1*7KHPXIIOHUEHFRPHVYHU\KRW
GXULQJDQGDIWHUXVHDQGZKHQWKHHQJLQH
RSHUDWHVDWLGOHVSHHG%HFDUHIXOQHDU
IODPPDEOHPDWHULDOVDQGRUIXPHVWRSUHYHQW
ILUH
6DIHW\LQVWUXFWLRQVIRUPDLQWHQDQFH
:$51,1*5HDGWKHZDUQLQJLQVWUXFWLRQV
WKDWIROORZEHIRUH\RXXVHWKHSURGXFW
ವ 7KHH[KDXVWIXPHVIURPWKHHQJLQHFRQWDLQFDUERQ
PRQR[LGHDQRGRXUOHVVSRLVRQRXVDQGYHU\
GDQJHURXVJDV'RQRWVWDUWWKHHQJLQHLQGRRUVRULQ
FORVHGVSDFHV
ವ %HIRUH\RXGRWKHPDLQWHQDQFHRQWKHSURGXFWVWRS
WKHHQJLQHDQGUHPRYHWKHLJQLWLRQFDEOHIURPWKH
VSDUNSOXJ
ವ 8VHSURWHFWLYHJORYHVZKHQ\RXGRPDLQWHQDQFHRQ
WKHFXWWLQJHTXLSPHQW7KHEODGHLVYHU\VKDUSDQG
FXWVFDQHDVLO\RFFXU
ವ $FFHVVRULHVDQGFKDQJHVWRWKHSURGXFWWKDWDUHQRW
DSSURYHGE\WKHPDQXIDFWXUHUFDQFDXVHVHULRXV
LQMXU\RUGHDWK'RQRWFKDQJHWKHSURGXFW$OZD\V
XVHDFFHVVRULHVWKDWDUHDSSURYHGE\WKH
PDQXIDFWXUHU
ವ ,IWKHPDLQWHQDQFHLVQRWGRQHFRUUHFWO\DQG
UHJXODUO\WKHULVNRILQMXU\DQGGDPDJHWRWKH
SURGXFWLQFUHDVHV
ವ 2QO\GRWKHPDLQWHQDQFHDVJLYHQLQWKLVRZQHUV
PDQXDO$OORWKHUVHUYLFLQJPXVWEHGRQHE\DQ
DSSURYHG+XVTYDUQDVHUYLFHDJHQW
ವ /HWDQDSSURYHG+XVTYDUQDVHUYLFHDJHQWGR
VHUYLFLQJRQWKHSURGXFWUHJXODUO\
ವ 5HSODFHGDPDJHGZRUQRUEURNHQSDUWV
)XHOVDIHW\
:$51,1*5HDGWKHZDUQLQJLQVWUXFWLRQV
WKDWIROORZEHIRUH\RXXVHWKHSURGXFW
ವ 'RQRWVWDUWWKHSURGXFWLIWKHUHLVIXHORUHQJLQHRLO
RQWKHSURGXFW5HPRYHWKHXQZDQWHGIXHORLODQGOHW
WKHSURGXFWGU\
ವ ,I\RXVSLOOIXHORQ\RXUFORWKLQJFKDQJHFORWKLQJ
LPPHGLDWHO\
ವ 'RQRWJHWIXHORQ\RXUERG\LWFDQFDXVHLQMXU\,I
\RXJHWIXHORQ\RXUERG\XVHVRDSDQGZDWHUWR
UHPRYHWKHIXHO
ವ 'RQRWVWDUWWKHSURGXFWLIWKHHQJLQHKDVDOHDN
([DPLQHWKHHQJLQHIRUOHDNVUHJXODUO\
ವ %HFDUHIXOZLWKIXHO)XHOLVIODPPDEOHDQGWKHIXPHV
DUHH[SORVLYHDQGFDQFDXVHLQMXULHVRUGHDWK
ವ 'RQRWEUHDWKHLQWKHIXHOIXPHVLWFDQFDXVHLQMXU\
0DNHVXUHWKDWWKHUHLVDVXIILFLHQWDLUIORZ
ವ 'RQRWVPRNHQHDUWKHIXHORUWKHHQJLQH
ವ 'RQRWSXWZDUPREMHFWVQHDUWKHIXHORUWKHHQJLQH
ವ 'RQRWDGGWKHIXHOZKHQWKHHQJLQHLVRQ
ವ 0DNHVXUHWKDWWKHHQJLQHLVFRROEHIRUH\RXUHIXHO
ವ %HIRUH\RXUHIXHORSHQWKHIXHOWDQNFDSVORZO\DQG
UHOHDVHWKHSUHVVXUHFDUHIXOO\
 
ವ 1HSDVXWLOLVHUXQFORXSRXU«TXLOLEUHUODODPH/HV
OREHVGHOಬRULILFHFHQWUDOQHVRQWSDVFHQWU«V
ವ '«SODFHUODODPHVXUXQHSDUWLHQRQILOHW«HGXERXORQ
HQDFLHURXGHODEURFKHHWWHQLUOHERXORQRXOD
EURFKHGHID©RQSDUDOOªOHDXVRO6LODODPHHVW
«TXLOLEU«HHOOHUHVWHHQSRVLWLRQKRUL]RQWDOH6LOಬXQH
GHVGHX[H[WU«PLW«VGHODODPHVHG«SODFHYHUVOH
EDVDII½WHUOಬH[WU«PLW«ORXUGHMXVTXಬ¢FHTXHODODPH
VRLWFRUUHFWHPHQW«TXLOLEU«H
5HPDUTXH/HVODPHVGRLYHQW¬WUH«TXLOLEU«HVDSUªV
OಬDII½WDJH1HSDVDII½WHURX«TXLOLEUHUODODPHYRXV
P¬PH&RPPXQLTXHUDYHFXQDWHOLHUGHU«SDUDWLRQ
DJU««
3RXUUHPSODFHUODODPH
$9(57,66(0(178WLOLVHUGHVJDQWVGH
SURWHFWLRQRXHQURXOHUODODPHDYHFXQOLQJH
GHJUDQGHGHQVLW«SRXU«YLWHUGHVEOHVVXUHV
DX[PDLQV
0,6((1*$5'(8WLOLVHUXQLTXHPHQWXQH
ODPHGHUHFKDQJHREWHQXDXSUªVGಬXQ
IDEULFDQWDJU««/ಬXWLOLVDWLRQGಬXQHODPHQRQ
DSSURXY«HSDUOHIDEULFDQWHVWGDQJHUHXVH
HWSHXWFDXVHUGHVGRPPDJHV¢ODWRQGHXVH
HWDQQXOHUODJDUDQWLH
 7RXMRXUVG«EUDQFKHUODERXJLHGಬDOOXPDJHDYDQWGH
SURF«GHU¢OಬHQWUHWLHQ
 7RXMRXUVYLGHUOHU«VHUYRLUGHFDUEXUDQWDYDQWGH
SODFHUODWRQGHXVHVXUOHF¶W«9LGHUOHU«VHUYRLUGH
FDUEXUDQWHQIDLVDQWIRQFWLRQQHUODPDFKLQHMXVTXಬ¢
FHTXHOHU«VHUYRLUVRLWYLGH
 7RXUQHUODWRQGHXVHVXUOHF¶W«/RUVTXHODWRQGHXVH
HVWLQFOLQ«HVಬDVVXUHUTXHOHILOWUH¢DLUHVWWRXMRXUV
SODF«¢ODSRVLWLRQODSOXV«OHY«H
 8WLOLVHUXQHFDOHHQERLVHQWUHODODPHHWOHFDUWHUGH
ODWRQGHXVHSRXU«YLWHUTXHODODPHWRXUQHORUVGX
UHWUDLWGXERXORQGHODPH
 5HWLUHUOHERXORQGHODPHHQOHWRXUQDQWGDQVOHVHQV
DQWLKRUDLUH
 5HWLUHUODODPH6ಬDVVXUHUTXHOಬDGDSWDWHXUGHODPH
QಬHVWSDVHQGRPPDJ«([DPLQHUOHERXORQGHODPH
DILQGHG«WHFWHUGಬ«YHQWXHOVGRPPDJHVHWVಬDVVXUHU
TXHOಬDUEUHGXPRWHXUQಬHVWSDVSOL«
3RXUPRQWHUODODPH
 3ODFHUOಬDGDSWDWHXUGHODPHVXUOHYLOHEUHTXLQGX
PRWHXU6ಬDVVXUHUTXHOHFRQWDFWHXUGHOಬDGDSWDWHXU
HWODFODYHWWHGXYLOHEUHTXLQVRQWDOLJQ«V
 7RXMRXUVIL[HUODODPHDYHFOHVH[WU«PLW«VFRXG«HV
YHUVOHKDXWGDQVOHVHQVGXPRWHXU
 
5HPDUTXH/HVILOWUHV¢DLUHQVHUYLFHSHQGDQWXQH
ORQJXHS«ULRGHQHSHXYHQWSDV¬WUHQHWWR\«V
HQWLªUHPHQW5HPSODFHUOHILOWUH¢DLU¢LQWHUYDOOHV
U«JXOLHUV7RXMRXUVUHPSODFHUOHVILOWUHV¢DLU
HQGRPPDJ«V
 /RUVGXPRQWDJHGXILOWUH¢DLUVಬDVVXUHUTXಬLOVHORJH
WRWDOHPHQWFRQWUHOHSRUWHILOWUH
1HWWR\HUODWRQGHXVH
ವ %URVVHUSRXUHQOHYHUOHVIHXLOOHVHWOಬKHUEH
ವ 1HWWR\HUOHVVXUIDFHVHWOHVURXHVGHWRXWHVWUDFHV
GಬHVVHQFHGಬKXLOHHWGHPDW«ULDX[LQG«VLUDEOHV
ವ *DUGHUODSDUWLHVXS«ULHXUHGXODQFHXUGXPRWHXU
SURSUHHWH[HPSWHGಬKHUEHHWGHSDLOOH&HODSHUPHW
GಬDP«OLRUHUOHG«ELWGಬDLUGXPRWHXUHWGHSURORQJHUOD
GXU«HGHYLHGXPRWHXU
ವ 1HWWR\HUVRXVODWRQGHXVH¢OಬDLGHGಬXQUDFORLUSRXU
HQOHYHUWRXWHDFFXPXODWLRQGಬKHUEHHWGHG«FKHWV
ವ 1HSDVXWLOLVHUGHQHWWR\HXU¢KDXWHSUHVVLRQSRXU
QHWWR\HUODWRQGHXVH
ವ 1HSDVYHUVHUGHOಬHDXGLUHFWHPHQWVXUOHPRWHXU
ವ 1HWWR\HUODSULVHGಬDLUVXUOHODQFHXU([DPLQHUOH
ODQFHXUHWOHFRUGRQGXODQFHXU
ವ /RUVGXQHWWR\DJHGXGHVVRXVGHODWRQGHXVHYLGHU
OHU«VHUYRLUGHFDUEXUDQWHWPHWWUHODWRQGHXVHVXUOH
F¶W«OHVLOHQFLHX[RULHQW«YHUVOHEDV
0,6((1*$5'(1HSDVQHWWR\HUOD
WRQGHXVHDYHFGHOಬHDXGHVQHWWR\DQWV
OLTXLGHVRXGHVVROYDQWV5HWLUHUOHV
PDW«ULDX[LQG«VLUDEOHVGHODWRQGHXVH¢
OಬDLGHGಬXQHEURVVHGRXFHRXGಬXQFKLIIRQ
VHFTXLQHFRQWLHQWSDVGHP«WDO/ಬHDXGDQV
OHPRWHXUSHXWUDFFRXUFLUODGXU«HGHYLHGX
PRWHXU
3RXUQHWWR\HUOHFROOHFWHXUGൄKHUEH
ವ /DVDOHW«HWODSRXVVLªUHSHXYHQWREVWUXHUOHWLVVX
GHVVDFV¢KHUEHSHQGDQWOಬXWLOLVDWLRQ&HODDPªQHOH
FROOHFWHXUGಬKHUEH¢UHFXHLOOLUPRLQVGಬKHUEH3RXU
«YLWHUFHWWHVLWXDWLRQDUURVHUU«JXOLªUHPHQWOH
FROOHFWHXUGಬKHUEHDYHFGHOಬHDXHWOHODLVVHUV«FKHU
DYDQWOಬXWLOLVDWLRQ
ವ ([DPLQHUU«JXOLªUHPHQWOHFROOHFWHXUGಬKHUEH¢OD
UHFKHUFKHGHVLJQHVGಬXVXUHRXGHG«W«ULRUDWLRQ
5HPSODFHUDXEHVRLQ
3RXUH[DPLQHUOHVSQHXV
ವ 0DLQWHQLUOHVSQHXVH[HPSWVGHPDW«ULDX[
LQG«VLUDEOHVHWGHSURGXLWVFKLPLTXHVSRXU«YLWHU
GಬHQGRPPDJHUOHFDRXWFKRXF
ವ 0DLQWHQLUOHVSQHXV¢Oಬ«FDUWGHVRXFKHVGHSLHUUHV
GಬRUQLªUHVGಬREMHWVSRLQWXVHWGHWRXWDXWUHREMHW
SRXYDQWOHVHQGRPPDJHU
3RXUH[DPLQHUOHYROHWHWOH
G«IOHFWHXU
/HYROHWDUULªUHHWOHG«IOHFWHXUDUULªUHVRQWIL[«VHQWUH
OHVURXHVDUULªUHGHODWRQGHXVH,OVU«GXLVHQWOHULVTXH
GHSURMHFWLRQGಬREMHWVYHUVODSRVLWLRQGHWRQWHGH
OಬRS«UDWHXU
 6ಬDVVXUHUTXHOHYROHWDUULªUHHWOHG«IOHFWHXUDUULªUH
QHVRQWSDVHQGRPPDJ«V
 ([DPLQHUOHYROHWDUULªUHHWOHG«IOHFWHXUDUULªUH
6ಬDVVXUHUTXಬLOQಬ\DLWDXFXQG«IDXWTXLSRXVVHOH
YROHW¢VHIHUPHU\FRPSULVGHVILVVXUHVRXGHV
UHVVRUWVFDVV«V
 6LOHYROHWDUULªUHHWOHG«IOHFWHXUDUULªUHRXOHV
UHVVRUWVVRQWHQGRPPDJ«VOHVUHPSODFHU
3RXUUHPSODFHUOHG«IOHFWHXUGH
G«FKDUJHODW«UDOH
/HG«IOHFWHXUGHG«FKDUJHODW«UDOHVHIL[HVXUOಬRXYHUWXUH
GHG«FKDUJHODW«UDOHGHODWRQGHXVH,OVU«GXLVHQWOH
ULVTXHGHSURMHFWLRQGಬREMHWVYHUVODSRVLWLRQGHWRQWHGH
OಬRS«UDWHXU
 6ಬDVVXUHUTXHOHG«IOHFWHXUGHG«FKDUJHODW«UDOH
QಬHVWSDVHQGRPPDJ«
 ([DPLQHUOHG«IOHFWHXUGHG«FKDUJHODW«UDOH
6ಬDVVXUHUTXಬLOQಬ\DLWSDVGHG«IDXWVYLVLEOHVWHOV
TXHGHVILVVXUHVRXGHVUHVVRUWVFDVV«VTXL
SRXVVHQWOHYROHW¢VHIHUPHU
 5HPSODFHUOHG«IOHFWHXUGHG«FKDUJHODW«UDOHRXOHV
UHVVRUWVVಬLOVVRQWHQGRPPDJ«V
3RXUH[DPLQHUODODPH
$9(57,66(0(177RXMRXUVDUU¬WHUOH
PRWHXUDYDQWWRXWHLQWHUYHQWLRQVXUODODPH
/DODPHFRQWLQXHGHWRXUQHUP¬PHDSUªV
TXHOಬDFF«O«UDWHXUVRLWUHO¤FK«6ಬDVVXUHU
TXHODODPHHVWFRPSOªWHPHQWDUU¬W«HHW
G«EUDQFKHUOHFDSXFKRQGHERXJLH
GಬDOOXPDJHDYDQWGHFRPPHQFHU¢WUDYDLOOHU
0,6((1*$5'(3RXUREWHQLUGH
PHLOOHXUVU«VXOWDWVWHQLUODODPHDII½W«H
5HPSODFHULPP«GLDWHPHQWOHVODPHV
HQGRPPDJ«HV1HSDVXWLOLVHUXQH
WRQGHXVHGRQWODODPHHVWHQGRPPDJ«H
ವ ([DPLQHUODODPH¢ODUHFKHUFKHGHILVVXUHVRXGH
WRXWDXWUHGRPPDJH8QHODPHHQGRPPDJ«HGRLW
WRXMRXUV¬WUHUHPSODF«H
ವ 7RXMRXUVVಬDVVXUHUTXHODODPHUHSRVHDXVROGH
ID©RQDG«TXDWHHWHVWELHQ«TXLOLEU«H3RXUY«ULILHU
Oಬ«TXLOLEUHGHODODPHXWLOLVHUXQERXWRQHQDFLHUGH
PPSRGHGLDPªWUHXQHEURFKHRXXQ
«TXLOLEUHXU5HVSHFWHUOHVLQVWUXFWLRQVIRXUQLHVDYHF
Oಬ«TXLOLEUHXU
 
ವ 'RQRWDGGIXHOWRWKHHQJLQHLQDQLQGRRUDUHD1RW
VXIILFLHQWDLUIORZFDQFDXVHLQMXU\RUGHDWKEHFDXVH
RIDVSK\[LDWLRQRUFDUERQPRQR[LGH
ವ 7LJKWHQWKHIXHOWDQNFDSIXOO\,IWKHIXHOWDQNFDSLV
QRWWLJKWHQHGWKHUHLVDULVNRIILUH
ವ 0RYHWKHSURGXFWDPLQLPXPRIPIWIURPWKH
SRVLWLRQZKHUH\RXILOOHGWKHWDQNEHIRUHDVWDUW
ವ 'RQRWSXWWRRPXFKIXHOLQWKHIXHOWDQN
$66(0%/<
:$51,1*5HDGWKHVDIHW\FKDSWHUEHIRUH
\RXDVVHPEOHWKHSURGXFW
7RUHPRYHWKHSURGXFWIURPWKH
FDUWRQ
 5HPRYHORRVHSDUWVLQFOXGHGZLWKWKHSURGXFW
 &XWGRZQWKHWZRHQGFRUQHUVRIWKHFDUWRQDQGSXW
WKHHQGSDQHOGRZQIODW
 5HPRYHDOOSDFNDJHPDWHULDOV
 5HPRYHWKHSURGXFWIURPWKHFDUWRQDQGPDNHVXUH
QRORRVHSDUWVDUHOHIWLQWKHFDUWRQ
7RVHWWKHSURGXFWLQRSHUDWLRQSRVLWLRQ
 /LIWWKHORZHUKDQGOHVHFWLRQWRRSHUDWLRQSRVLWLRQ
 ,QVWDOOWKHVXSSOLHGFDUULDJHEROWVLQWKHKDQGOHDQG
WKURXJKWKHKDQGOHEUDFNHWV7LJKWHQWKHQXWVZLWKD
LQZUHQFK
 /LIWWKHXSSHUKDQGOHVHFWLRQLQWRSRVLWLRQRQWKH
ORZHUKDQGOHDQGWLJKWHQWKHWZRWRSNQREV
 'LVFDUGDOOUHPDLQLQJSDFNDJHPDWHULDOIURPWKH
PRWRUFRQWUROKDQGOH
7RVHWWKHSURGXFWLQWUDQVSRUW
SRVLWLRQ
 /RRVHQWKHWZRKDQGOHQXWVRQWKHXSSHUKDQGOHDQG
UHPRYHWKHORZHUEROWDQGQXW/HWWKHKDQGOHIROG
GRZQWRWKHUHDU

13
 5HPRYHWKHEROWVDQGQXWVWKDWDWWDFKWKHORZHU
KDQGOHVWRWKHKDQGOHEUDFNHWV
 3LYRWWKHIXOOKDQGOHDVVHPEO\IRUZDUGLQDVWDEOH
SRVLWLRQRQWKHWRSRIWKHSURGXFW
7RDVVHPEOHWKHJUDVVFDWFKHU
 $WWDFKWKHJUDVVFDWFKHUIUDPHWRWKHJUDVVEDJZLWK
WKHULJLGSDUWRIWKHEDJRQWKHERWWRP.HHSWKH
KDQGOHRIWKHIUDPHRXWRIWKHWRSRIWKHEDJ
 $WWDFKWKHJUDVVEDJWRWKHIUDPHZLWKWKHTXLFN
DFWLRQFOLSV
7RLQVWDOOWKHVWDUWHUURSHKDQGOH
 /RRVHQWKH7NQRE
 +ROGWKHHQJLQHEUDNHKDQGOHDJDLQVWWKHXSSHU
KDQGOH
 +ROGWKHVWDUWHUURSHKDQGOH6ORZO\SXOOXQWLOWKH
VWDUWHUURSHFDQPRYHLQWRWKHORRSRIWKHURSH
JXLGH
 7LJKWHQWKH7NQRE
7RFKDQJHWKHSURGXFWWREDJJLQJ
PRGH
5HDUEDJJLQJPRGHFROOHFWVJUDVVFOLSSLQJVLQWKHJUDVV
FDWFKHU
&$87,21'RQRWRSHUDWHWKHSURGXFW
ZLWKRXWWKHUHDUGRRUFORVHGRUWKHDSSURYHG
JUDVVFDWFKHULQSRVLWLRQ'RQRWWU\WR
RSHUDWHWKHSURGXFWZLWKWKHUHDUGRRU
UHPRYHGRURSHQ
 /LIWWKHUHDUGRRUDQGUHPRYHWKHPXOFKSOXJ
 /LIWWKHUHDUGRRUDQGSXWWKHJUDVVFDWFKHUIUDPH
KRRNVRQWKHUHDUGRRUSLYRW
 
 6ಬDVVXUHUGHWRXMRXUVUHVVHUUHUODMDXJHGಬKXLOHDYDQW
GHG«PDUUHUOHPRWHXU
 )L[HUOHF¤EOHVXUODERXJLHGಬDOOXPDJH
3RXUYLGDQJHUOൄKXLOH
9RLU
&DOHQGULHUGಬHQWUHWLHQ¢ODSDJH
SRXUSOXVGH
UHQVHLJQHPHQWVVXUOHVLQWHUYDOOHVGHFKDQJHPHQW
GಬKXLOH
 '«EUDQFKHUOHF¤EOHGHERXJLHGಬDOOXPDJHGHOD
ERXJLHGಬDOOXPDJH
 7RXMRXUVYLGHUOHU«VHUYRLUGHFDUEXUDQWDYDQWGH
SODFHUODWRQGHXVHVXUOHF¶W«3RXUYLGHUOHU«VHUYRLU
GHFDUEXUDQWXWLOLVHUODPDFKLQHMXVTXಬ¢FHTXHOH
U«VHUYRLUVRLWYLGH
 '«SRVHUOHERXFKRQGHUHPSOLVVDJHGಬKXLOH
 3ODFHUXQU«FLSLHQWHQSRVLWLRQSRXUU«FXS«UHUOಬKXLOH
GHYLGDQJH
 9LGDQJHUOಬKXLOHHQLQFOLQDQWOHPRWHXUMXVTXಬ¢FHTXH
GHOಬKXLOHVRUWHSDUOHWX\DXGHUHPSOLVVDJH/RUVTXH
ODWRQGHXVHHVWLQFOLQ«HVಬDVVXUHUTXHOHILOWUH¢DLU
HVWWRXMRXUV¢ODSRVLWLRQODSOXV«OHY«H
 1HWWR\HUWRXWG«YHUVHPHQWGಬHVVHQFHRXGಬKXLOH
PRWHXUVXUODPDFKLQH/DLVVHUOHFDUEXUDQWUHVWDQW
V«FKHU
 9HUVHUOHQWHPHQWOಬKXLOHGDQVOHEHFGHUHPSOLVVDJH
GಬKXLOH$UU¬WHU¢LQWHUYDOOHVUDSSURFK«VSRXUY«ULILHU
OHQLYHDXGಬKXLOH¢OಬDLGHGHODMDXJHGಬKXLOH1HSDV
UHPSOLUH[FHVVLYHPHQW
 7RXMRXUVUHVVHUUHUODMDXJHGಬKXLOHDYDQWGH
G«PDUUHUOHPRWHXU
 %UDQFKHUODERXJLHGಬDOOXPDJHDXF¤EOHGHODERXJLH
GಬDOOXPDJH
3RXUXWLOLVHUODIRQFWLRQGHODYDJH
GൄHDX
/DIRQFWLRQGHODYDJHGಬHDXHVWXQUDFFRUGTXLSHXW
IDFLOLWHUHWDFF«O«UHUOHQHWWR\DJHGXGHVVRXVGXFDUWHU
/ಬHDXOಬKHUEHHWGಬDXWUHVPDW«ULDX[LQG«VLUDEOHV
Vಬ«FRXOHQWSDUOHGHVVRXVGXFDUWHUGHODWRQGHXVH
SHQGDQWOHODYDJH
 '«SODFHUODWRQGHXVHMXVTXಬ¢XQH]RQHR»OಬKHUEH
HVWFRXS«HRXVXUXQHDXWUHVXUIDFHGXUH
 5HWLUHUOHFROOHFWHXUGಬKHUEHRXOHERXFKRQGH
EUR\DJHGHODWRQGHXVH
 )HUPHUOHERXFOLHUDUULªUH
 %UDQFKHUXQWX\DXGHMDUGLQDXSRUWGHODYDJH
 $UU¬WHUOಬDSSURYLVLRQQHPHQWHQHDXHWY«ULILHU
Oಬ«WDQFK«LW«GXUDFFRUG
 6ಬLOQಬ\DSDVGHIXLWHVG«PDUUHUOHPRWHXUHWOH
ODLVVHUWRXUQHUMXVTXಬ¢FHTXHOHGHVVRXVGXFDUWHU
GHODWRQGHXVHVRLWSURSUH
 &RXSHUOHPRWHXU
 $UU¬WHUOಬDSSURYLVLRQQHPHQWHQHDXHWUHWLUHUOH
IOH[LEOHGXUDFFRUG
5HPDUTXH1HSDVUHWLUHUOHIOH[LEOHGXUDFFRUG
ORUVTXHOHPRWHXUWRXUQH/ಬHDXGDQVOHPRWHXUSHXW
UDFFRXUFLUODGXU«HGHYLHGXPRWHXU
 '«PDUUHUOHPRWHXUHWOHODLVVHUWRXUQHUSHQGDQWXQH
PLQXWHHQWLªUHSRXUHQOHYHUOಬHDXUHVWDQWHGHOD
WRQGHXVH
%RXJLHGൄDOOXPDJH
0,6((1*$5'(7RXMRXUVXWLOLVHUXQH
ERXJLHGಬDOOXPDJHGXW\SHUHFRPPDQG«
/ಬXWLOLVDWLRQGಬXQHERXJLHQRQDG«TXDWHSHXW
HQGRPPDJHUOHSLVWRQRXOHF\OLQGUH
ವ 9RLU
&DOHQGULHUGಬHQWUHWLHQ¢ODSDJH
SRXUSOXVGH
UHQVHLJQHPHQWVSRXUVDYRLU¢TXHOPRPHQW
UHPSODFHUODERXJLH
ವ 3RXUFRQQD°WUHOHW\SHGHERXJLHHWVRQ«FDUWHPHQW
VHUHSRUWHUDXPDQXHOGXIDEULFDQWGXPRWHXUSRXU
SOXVGHUHQVHLJQHPHQWV
1HWWR\DJHGXILOWUH¢DLU
8QILOWUH¢DLUVDOHSHXWHQGRPPDJHUOHPRWHXURX
SURYRTXHUVRQPDXYDLVIRQFWLRQQHPHQW3URF«GHU¢
OಬHQWUHWLHQGXILOWUH¢DLUSOXVIU«TXHPPHQWHQFDV
GಬXWLOLVDWLRQGDQVGHVFRQGLWLRQVSRXVVL«UHXVHV
9RLU
&DOHQGULHUGಬHQWUHWLHQ¢ODSDJH
SRXUSOXVGH
UHQVHLJQHPHQWVSRXUVDYRLU¢TXHOPRPHQWUHPSODFHUOH
ILOWUH¢DLU
 5HWLUHUOHFRXYHUFOHGXILOWUH¢DLUHWUHWLUHUOHILOWUH
 1HWWR\HUOHILOWUHHQOHIUDSSDQWFRQWUHXQHVXUIDFH
SODWH1HMDPDLVXWLOLVHUGHGLOXDQW¢EDVHGಬHVVHQFH
WHOTXHOHN«URVªQHRXGHOಬDLUFRPSULP«SRXU
QHWWR\HUOHILOWUH
 
5HPDUTXH(IIHFWXHUSOXVGಬHQWUHWLHQVXUODWRQGHXVH
HQFDVGಬXWLOLVDWLRQDYHFGHORXUGHVFKDUJHV¢GHV
WHPS«UDWXUHVDPELDQWHV«OHY«HVRXGDQVGHWUªV
PDXYDLVHVFRQGLWLRQV
5HPDUTXH1HWWR\HUSOXVIU«TXHPPHQWHQFDVGH
FRQGLWLRQVSRXVVL«UHXVHV
3RXUHIIHFWXHUXQHLQVSHFWLRQ
J«Q«UDOH
ವ 9«ULILHUOHVHUUDJHGHV«FURXVHWGHVYLV
ವ 6ಬDVVXUHUTXHOHVF¤EOHVQHVRQWSDVSLQF«V
*UDLVVDJHJ«Q«UDO
0,6((1*$5'(1HSDVXWLOLVHUGHOಬKXLOH
RXGHODJUDLVVHVXUOHVURXOHPHQWVGHURXH
HQSODVWLTXH/HVOXEULILDQWVYLVTXHX[DWWLUHQW
ODSRXVVLªUHHWODVDOHW«FHTXLU«GXLWOD
GXU«HGHYLHGHVURXOHPHQWVDXWROXEULILDQWV
6LRQSHQVHTXHOHVURXOHPHQWVGRLYHQW¬WUH
OXEULIL«VXWLOLVHUVHXOHPHQWXQOXEULILDQWGH
JUDSKLWHHQSRXGUHVªFKHDXEHVRLQ
1
3
2
26
 +XLOHPRWHXU 9RLU
*UDLVVDJHGXPRWHXU
¢ODSDJH

 &KDUQLªUHGHSRUWHDU
ULªUH
/XEULILDQWHQYDSRULVDWHXU
 %RXORQVGHIL[DWLRQGX
JXLGRQ
*UDLVVDJHGXPRWHXU
8WLOLVHUVHXOHPHQWGHOಬKXLOHG«WHUJHQWHGHKDXWHTXDOLW«
«YDOX«HVHORQODFODVVLILFDWLRQ6*6/GHVQRUPHV$3,
&KRLVLUODYLVFRVLW«DSSURSUL«HGHOಬKXLOH6$(SRXUYRWUH
SRVVLEOHWHPS«UDWXUHGHIRQFWLRQQHPHQW
0,6((1*$5'(%LHQTXHOHVKXLOHV
PXOWLJUDGHV::HWFDP«OLRUHQW
OHG«PDUUDJHSDUWHPSVIURLGHOOHV
RFFDVLRQQHQWOಬDXJPHQWDWLRQGHOD
FRQVRPPDWLRQGಬKXLOHORUVTXಬRQOHVXWLOLVH¢
XQHWHPS«UDWXUHVXS«ULHXUH¢r&r)
9«ULILHUOHQLYHDXGಬKXLOHPRWHXUSOXV
VRXYHQWDILQGಬ«YLWHUGಬHQGRPPDJHUOH
PRWHXUHQUDLVRQGಬXQQLYHDXGಬKXLOHEDV
ವ 6HUHSRUWHUDXPDQXHOGXIDEULFDQWGXPRWHXUSRXU
FRQQD°WUHOHVLQWHUYDOOHVGHFKDQJHPHQWGಬKXLOH
ವ 9«ULILHUOHQLYHDXGಬKXLOHPRWHXUDYDQWGHG«PDUUHU
OHPRWHXUHWDSUªVWRXWHVOHVKHXUHVGಬXWLOLVDWLRQ
7RXMRXUVELHQVHUUHUOHERXFKRQGHUHPSOLVVDJH
GಬKXLOHDYDQWGHY«ULILHUOಬKXLOH
3RXUY«ULILHUOHQLYHDXGൄKXLOH
PRWHXU
0,6((1*$5'(0HWWUHVHXOHPHQWO
R]GಬKXLOHODSUHPLªUHIRLVHQUDLVRQGH
OಬKXLOHUHVWDQWHGDQVOHPRWHXUDSUªV
OಬDQDO\VHTXDOLW«¢HIIHFWX«HSDUOH
IDEULFDQW/RUVGHODYLGDQJHGಬKXLOHO
R]SRXUUDLWVಬDY«UHUQ«FHVVDLUH
 3ODFHUODWRQGHXVHVXUXQVROSODW6ಬDVVXUHUTXHOH
ILOGಬDOOXPDJHHVWUHWLU«GHODERXJLHGಬDOOXPDJH
DYDQWGಬRXYULUOHERXFKRQGHUHPSOLVVDJHGಬKXLOH
 9«ULILHUOHQLYHDXGಬKXLOHHQSOD©DQWODMDXJHVXUOH
ERXFKRQGHUHPSOLVVDJHGಬKXLOH
28
 5HWLUHUOHERXFKRQGಬKXLOHHWQHWWR\HUODMDXJH
GಬKXLOH
 5«LQVWDOOHUODMDXJHGಬKXLOH6ಬDVVXUHUTXHOH
ERXFKRQGHUHPSOLVVDJHGಬKXLOHHVWFRUUHFWHPHQW
IL[«
 6LOHQLYHDXGಬKXLOHHVWEDVIDLUHOಬDSSRLQWGಬKXLOH
PRWHXUMXVTXಬDXQLYHDXVXS«ULHXUGHODMDXJHGಬKXLOH
3RXUDMRXWHUGHOൄKXLOH
 3ODFHUODWRQGHXVHVXUXQVROSODW6ಬDVVXUHUTXHOH
ILOGಬDOOXPDJHHVWUHWLU«GHODERXJLHGಬDOOXPDJH
DYDQWGಬRXYULUOHERXFKRQGHUHPSOLVVDJHGಬKXLOH
 5HWLUHUOHERXFKRQGಬKXLOHHWQHWWR\HUODMDXJH
GಬKXLOH
 9HUVHUOHQWHPHQWOಬKXLOHGDQVOHEHFGHUHPSOLVVDJH
GಬKXLOH$UU¬WHU¢LQWHUYDOOHVUDSSURFK«VDSUªV
YHUVHPHQWGಬXQHSHWLWHTXDQWLW«SRXUY«ULILHUOH
QLYHDXGಬKXLOH¢OಬDLGHGHODMDXJHGಬKXLOH
 $UU¬WHUOಬDMRXWGಬKXLOHORUVTXHOHQLYHDXWRXFKHOH
UHSªUH3/(,1VXUODMDXJHGಬKXLOH3DWLHQWHUMXVTXಬ¢
FHTXHOಬKXLOHVRLWVWDEOH
 
 5HOHDVHWKHUHDUGRRUDQGSXWLWRQWRSRIWKHJUDVV
EDJIUDPH
 5HPRYHWKHVLGHGLVFKDUJLQJGHIOHFWRULILQVWDOOHG
DQGOHWWKHVLGHGLVFKDUJHJXDUGFORVH0DNHVXUH
WKDWWKHVLGHGLVFKDUJHGRRULVWLJKWO\FORVHGDJDLQVW
WKHSURGXFW
7RFKDQJHWKHSURGXFWWRPXOFKLQJ
PRGH
7KHPXOFKLQJPRGHRIWKHSURGXFWPDNHVJUDVV
FOLSSLQJVVPDOOHU7KHJUDVVFOLSSLQJVWKHQIDOORQWRWKH
ODZQDQGVFDWWHUDFURVVWKHJUDVV0XOFKHGJUDVV
ELRGHJUDGHVTXLFNO\WRJLYHQXWULHQWVIRUWKHODZQ
 /LIWWKHEDFNVKLHOGDQGUHPRYHWKHJUDVVEDJLILWLV
LQVWDOOHG
 3XWWKHPXOFKSOXJLQWRWKHFROOHFWRUFKDQQHO
 /HWWKHEDFNVKLHOGFORVHDQGPDNHVXUHLWWLJKWO\
FORVHVDJDLQVWWKHPXOFKSOXJ
7RFKDQJHWKHSURGXFWWRVLGH
GLVFKDUJHPRGH
5HDUEDJJLQJGLVFKDUJHVPDWHULDOWRWKHOHIWRIWKH
SURGXFWGXULQJRSHUDWLRQ<RXPD\H[SHULHQFHERJJLQJ
RIWKHPRWRUDQGGHFUHDVHGRSHUDWLRQWLPHZKHQ\RXFXW
DODUJHTXDQWLW\RIJUDVV&KDQJHWKHSURGXFWWRVLGH
GLVFKDUJHPRGHWRLQFUHDVHSHUIRUPDQFHDQGRSHUDWLRQ
WLPH
 /LIWWKHEDFNVKLHOGDQGUHPRYHWKHPXOFKSOXJRU
JUDVVEDJLILQVWDOOHG
 &ORVHWKHEDFNVKLHOG
7RVHWWKHFXWWLQJKHLJKW
7KHFXWWLQJKHLJKWFDQEHDGMXVWHGWRGLIIHUHQW
SRVLWLRQV/LIWWKHZKHHOVIRUDORZFXWDQGORZHUWKH
 
ZKHHOVIRUDKLJKFXW7KHPHGLXPSRVLWLRQLVEHVWIRU
PRVWODZQV
7KHDGMXVWHUOHYHULVVSULQJORDGHG
 6TXHH]HWKHKHLJKWDGMXVWHUOHYHULQWKHGLUHFWLRQRI
WKHZKHHO
 0RYHWKHZKHHOXSRUGRZQIRU\RXUFXWWLQJ
UHTXLUHPHQWV
 6HWWKHVDPHKHLJKWDWDOOIRXUFRUQHUV
23(5$7,21
:$51,1*5HDGDQGXQGHUVWDQGWKHVDIHW\
FKDSWHUEHIRUH\RXRSHUDWHWKHSURGXFW
%HIRUH\RXVWDUWWKHSURGXFW
ವ .HHSSHUVRQVDQGDQLPDOVDZD\IURPWKHZRUNDUHD
ವ 'RGDLO\PDLQWHQDQFH6HH
0DLQWHQDQFHVFKHGXOH
RQSDJH

ವ 0DNHVXUHWKHLJQLWLRQOHDGILWVFRUUHFWO\RQWKHVSDUN
SOXJ
ವ $GGRLORUJDVROLQHLIQHFHVVDU\6HH
7RDGGRLORQ
SDJH

%DVLFFXWWLQJSURFHGXUH
ವ $OZD\VFXWZLWKDVKDUSEODGHIRUWKHEHVWUHVXOWV$
EODGHWKDWLVQRWVKDUSFXWVXQHYHQO\DQGOHWVWKH
JUDVVEHFRPH\HOORZRQWKHVXUIDFHRIWKHFXW
ವ 'RQRWFXWPRUHWKDQRIWKHOHQJWKRIWKHJUDVV
7KLVVSHFLDOO\DSSOLHVGXULQJGU\SHULRGV&XWILUVW
ZLWKWKHFXWWLQJKHLJKWVHWKLJK7KHQH[DPLQHWKH
UHVXOWDQGORZHUWRDQDSSOLFDEOHKHLJKW,IWKHJUDVV
LVWRRORQJRSHUDWHVORZO\DQGFXWWZRWLPHVLILWLV
QHFHVVDU\
MAX 1/3
ವ )RUYHU\KHDY\FXWWLQJGHFUHDVHWKHZLGWKRIWKHFXW
E\PDNLQJDQRYHUODSRIWKHFXWSDWKDQGFXWWLQJ
VORZO\
ವ &XWLQGLIIHUHQWGLUHFWLRQVHDFKWLPHWRSUHYHQW
VWULSHVLQWKHODZQ
ವ 5HJXODUO\KRVHWKHJUDVVFDWFKHUZLWKZDWHUDQGOHW
GU\EHIRUHXVH3RUHVLQFORWKJUDVVFDWFKHUVFDQ
EHFRPHILOOHGZLWKGLUWDQGGXVWZLWKRSHUDWLRQ7KH
JUDVVFDWFKHUZLOOWKHQFROOHFWOHVVJUDVV
ವ 7KHVLGHGLVFKDUJLQJPRGHRI\RXUSURGXFWLVWKH
EHVWFXWWLQJPRGH,I\RXWU\WRFXWDODUJHTXDQWLW\RI
JUDVVDQGWKHSURGXFWGRHVQRWRSHUDWHFRUUHFWO\RU
KDVGHFUHDVHGRSHUDWLRQWLPHFKDQJHWKHSURGXFWWR
VLGHGLVFKDUJLQJPRGHIRUEHWWHUSHUIRUPDQFHDQG
RSHUDWLRQWLPH
7RGRDPDQXDOVWDUWRQWKHSURGXFW
7KHHQJLQHEUDNHKDQGOHPXVWEHKHOGDJDLQVWWKH
KDQGOHEDUZKHQWKHHQJLQHLVVWDUWHG
 *REHKLQGWKHPDFKLQH
 +ROGWKHVWDUWHUURSHKDQGOHDQGSXOOTXLFNO\
 
 (QOHYHUOಬKHUEHFRXS«HGXVDFDXPR\HQGHOD
SRLJQ«HGXFK¤VVLVHWGHODSRLJQ«HGXVDF
(175(7,(1
$9(57,66(0(17/LUHHWFRPSUHQGUHOH
FKDSLWUHVXUODV«FXULW«DYDQWGHOHQHWWR\HU
OಬRXWLOOHU«SDUHURXHQHIIHFWXHUOಬHQWUHWLHQ
&DOHQGULHUGൄHQWUHWLHQ
8WLOLVHUOHFDOHQGULHUGಬHQWUHWLHQSRXUDIILFKHUOHV
H[LJHQFHVQ«FHVVDLUHVHQPDWLªUHGಬHQWUHWLHQGHOD
WRQGHXVHHW¢TXHOPRPHQWOಬHQWUHWLHQGRLW¬WUHHIIHFWX«
/HVLQWHUYDOOHVVRQWFDOFXO«VHQIRQFWLRQGHOಬXWLOLVDWLRQ
PR\HQQHGHODWRQGHXVHHWSHXYHQWYDULHUHQUDLVRQGH
ODIU«TXHQFHGಬXWLOLVDWLRQ
5HPDUTXH6LSOXVLHXUVLQWHUYDOOHVGHWHPSVVRQW
LGHQWLIL«VGDQVOHWDEOHDXOಬLQWHUYDOOHGHWHPSVOHSOXV
FRXUWG«VLJQHOHSUHPLHUHQWUHWLHQVHXOHPHQW
(QWUHWLHQTXRWLGLHQ $YDQW
FKDTXH
XVDJH
$SUªV
FKDTXH
XVDJH
7RXWHV
OHV
KHXU
HV
7RXWHV
OHV
KHXU
HV
7RXWHV
OHV
KHXU
HV
7RXWHV
OHV
KHX
UHV
$YDQW
OൄHQWUH
SRVDJH
6HUUHUOHVERXORQVHWOHV«FURXV ; ;
1HWWR\HUHWLQVSHFWHUOHFROOHFWHXU
GಬKHUEHVHORQOಬ«TXLSHPHQW
;; ;
([DPLQHUOHVSQHXV ;
1HWWR\HUODWRQGHXVH8WLOLVHUXQUDFORLU
SRXUQHWWR\HUOHGHVVRXVGXFDUWHU
;;
1HWWR\HUHQGHVVRXVGXFRXYHUFOHGಬHQ
WUD°QHPHQWSRXUOHVWRQGHXVHV¢SUR
SXOVLRQ
;
([DPLQHUODFRXUURLHGಬHQWUD°QHPHQWHW
OHVSRXOLHVSRXUOHVWRQGHXVHV¢SUR
SXOVLRQ
;
([DPLQHUODODPHSRXUG«WHFWHUGಬ«YHQ
WXHOVGRPPDJHVHWILVVXUHV
;
*UDLVVDJHJ«Q«UDO ;
0RWHXU
9«ULILHUOHQLYHDXGಬKXLOHPRWHXU ;
9LGDQJHUOಬKXLOHPRWHXU ;
1HWWR\HUOHILOWUH¢DLU5HPSODFHUDXEH
VRLQ
;
6ಬDVVXUHUTXHOHVLOHQFLHX[HVWFRUUHFWH
PHQWIL[«HWHQERQ«WDW
;
5HPSODFHUODERXJLHGಬDOOXPDJH ;
9LGHUOHU«VHUYRLUGHFDUEXUDQWRXDMRXW
HUGXVWDELOLVDWHXU
;
5HPDUTXH/RUVGHOಬXWLOLVDWLRQGHODPDFKLQHVXUXQ
VROVDEORQQHX[UHPSODFHUOHVODPHVSOXVVRXYHQW
5HPDUTXH(WDSUªVKHXUHVGಬXWLOLVDWLRQ
 
)21&7,211(0(17
$9(57,66(0(17/LUHHWFRPSUHQGUHOH
FKDSLWUHVXUODV«FXULW«DYDQWGಬXWLOLVHUORXWLO
$YDQWGHG«PDUUHUOHSURGXLW
ವ 7HQLUOHVSHUVRQQHVHWOHVDQLPDX[¢Oಬ«FDUWGHOD
]RQHGHWUDYDLO
ವ (IIHFWXHUOಬHQWUHWLHQTXRWLGLHQ9RLU
&DOHQGULHU
GಬHQWUHWLHQ¢ODSDJH

ವ 6ಬDVVXUHUTXHOHF¤EOHGಬDOOXPDJHVHORJH
FRUUHFWHPHQWVXUODERXJLH
ವ $MRXWHUGHOಬKXLOHRXGHOಬHVVHQFHDXEHVRLQ9RLU
3RXUDMRXWHUGHOಬKXLOH¢ODSDJH

3URF«GXUHGHFRXSHGHEDVH
ವ 3RXUREWHQLUGHPHLOOHXUVU«VXOWDWVWRXMRXUVFRXSHU
DXPR\HQGಬXQHODPHWUDQFKDQWH8QHODPH
«PRXVV«HFRXSHGHID©RQLUU«JXOLªUHHWODLVVH
OಬKHUEHMDXQLUVXUODVXUIDFHGHODFRXSH
ವ 1HSDVFRXSHUSOXVGXWLHUVGHODORQJXHXUGH
OಬKHUEH&HFLVಬDSSOLTXHSDUWLFXOLªUHPHQWDXFRXUV
GHVS«ULRGHVGHV«FKHUHVVH&RXSHUGಬDERUGHQ
U«JODQWODKDXWHXUGHFRXSHVXUXQHYDOHXU«OHY«H
([DPLQHUHQVXLWHOHU«VXOWDWHWU«GXLUHODKDXWHXU¢
XQHYDOHXUDSSOLFDEOH6LOಬKHUEHHVWWUªVORQJXH
WUDYDLOOHUOHQWHPHQWHWWRQGUHGHX[IRLVDXEHVRLQ
MAX 1/3
ವ 3RXUXQHFRXSHWUªVLPSRUWDQWHU«GXLUHODODUJHXU
GHODFRXSHHQHIIHFWXDQWXQFKHYDXFKHPHQWGHV
FKHPLQVGHFRXSHHWHQFRXSDQWOHQWHPHQW
ವ &RXSHUGDQVGHVGLUHFWLRQVGLII«UHQWHV¢FKDTXHIRLV
SRXU«YLWHUODIRUPDWLRQGHUD\XUHVVXUOHJD]RQ
ವ $UURVHUU«JXOLªUHPHQWOHFROOHFWHXUGಬKHUEHDYHFGH
OಬHDXHWOHODLVVHUV«FKHUDYDQWGHOಬXWLOLVHU/DVDOHW«
HWODSRXVVLªUHSHXYHQWREVWUXHUOHWLVVXGHVVDFV¢
KHUEH¢OಬXWLOLVDWLRQ/HFROOHFWHXUGಬKHUEHUHFXHLOOH
DORUVPRLQVGಬKHUEH
ವ /HPRGHG«FKDUJHODW«UDOHGHYRWUHWRQGHXVHHVWOH
PHLOOHXUPRGHGHFRXSH/RUVGHODWHQWDWLYHGH
FRXSHGಬXQHJUDQGHTXDQWLW«GಬKHUEHVLODWRQGHXVH
QHIRQFWLRQQHSDVFRUUHFWHPHQWRXVLVDGXU«HGH
IRQFWLRQQHPHQWGLPLQXHIDLUHSDVVHUODWRQGHXVHHQ
PRGHG«FKDUJHODW«UDOHSRXUREWHQLUGHPHLOOHXUHV
SHUIRUPDQFHVHWGXU«HVGHIRQFWLRQQHPHQW
3RXUHIIHFWXHUXQG«PDUUDJHPDQXHO
GHODWRQGHXVH
/DSRLJQ«HGHIUHLQGHPRWHXUGRLW¬WUHPDLQWHQXH
FRQWUHOHJXLGRQORUVTXಬRQG«PDUUHOHPRWHXU
 3DVVHUGHUULªUHODPDFKLQH
 7HQLUODSRLJQ«HGHODFRUGHGXODQFHXUHWODWLUHU
UDSLGHPHQW
5HPDUTXH1HSDVODLVVHUODFRUGHGXODQFHXUVH
G«SODFHUUDSLGHPHQWYHUVOಬDUULªUH1HSDVHQURXOHUOD
FRUGHGXODQFHXUDXWRXUGHODPDLQ
$UU¬WGHOൄDSSDUHLO
ವ 5HO¤FKHUODSRLJQ«HGXIUHLQPRWHXUSRXUDUU¬WHUOD
WRQGHXVH
3RXUYLGHUOHFROOHFWHXUGൄKHUEH
0,6((1*$5'(1HSDVWLUHUOHVDFORUV
GXYLGDJHGXFROOHFWHXUGಬKHUEHSRXU«YLWHU
OಬXVXUH
 6RXOHYHUOHFROOHFWHXUGಬKHUEH¢OಬDLGHGHODSRLJQ«H
GXFK¤VVLV
 5HWLUHUOಬKHUEHFRXS«HGXFROOHFWHXUGಬKHUEHSDUOH
EDVGHODSRLJQ«H
 
1RWH'RQRWOHWWKHVWDUWHUURSHPRYHTXLFNO\UHDUZDUG
'RQRWZLQGWKHVWDUWHUURSHDURXQG\RXUKDQG
7RVWRSWKHSURGXFW
ವ 5HOHDVHWKHHQJLQHEUDNHKDQGOHWRVWRSWKH
SURGXFW
7RHPSW\WKHJUDVVFDWFKHU
&$87,21'RQRWGUDJWKHEDJZKHQ\RX
HPSW\WKHJUDVVFDWFKHUWRSUHYHQWZHDU
 /LIWWKHJUDVVFDWFKHUZLWKWKHIUDPHKDQGOH
 5HPRYHJUDVVFOLSSLQJVIURPWKHJUDVVFDWFKHUIURP
EHORZWKHKDQGOH
 (PSW\JUDVVFOLSSLQJVIURPWKHEDJZLWKWKHIUDPH
KDQGOHDQGWKHEDJKDQGOH
0$,17(1$1&(
:$51,1*5HDGDQGXQGHUVWDQGWKHVDIHW\
FKDSWHUEHIRUH\RXFOHDQUHSDLURUGR
PDLQWHQDQFHRQWKHSURGXFW
0DLQWHQDQFHVFKHGXOH
8VHWKHPDLQWHQDQFHVFKHGXOHWRVHHWKHQHFHVVDU\
PDLQWHQDQFHUHTXLUHPHQWVRI\RXUSURGXFWDQGZKHQ
WKHPDLQWHQDQFHPXVWRFFXU7KHLQWHUYDOVDUH
FDOFXODWHGRQDYHUDJHXVHRIWKHSURGXFWDQGPD\EH
GLIIHUHQWEHFDXVHRIKRZIUHTXHQWO\\RXXVHLW
1RWH,IPRUHWKDQRQHWLPHLQWHUYDOLVLGHQWLILHGLQWKH
WDEOHWKHVKRUWHVWWLPHLQWHUYDOLVIRUWKHILUVW
PDLQWHQDQFHRQO\
'DLO\0DLQWHQDQFH %HIRUH
HDFK
XVH
$IWHU
HDFKXVH
(YHU\

KRXUV
(YHU\

KRXUV
(YHU\

KRXUV
(YHU\

KRXUV
%HIRUH
VWRUDJH
7LJKWHQEROWVDQGQXWV ; ;
&OHDQDQGLQVSHFWJUDVVFDWFKHULILQ
VWDOOHG
;; ;
([DPLQHWLUHV ;
&OHDQWKHSURGXFW8VHDVFUDSHUWR
FOHDQEHORZWKHGHFN
;;
&OHDQEHORZWKHGULYHFRYHUIRUSRZHU
SURSHOOHGSURGXFWV
;
([DPLQHWKHGULYHEHOWDQGSXOOH\VIRU
SRZHUSURSHOOHGSURGXFWV
;
([DPLQHWKHEODGHIRUGDPDJHDQG
FUDFNV
;
 
'DLO\0DLQWHQDQFH %HIRUH
HDFK
XVH
$IWHU
HDFKXVH
(YHU\

KRXUV
(YHU\

KRXUV
(YHU\

KRXUV
(YHU\

KRXUV
%HIRUH
VWRUDJH
*HQHUDOOXEULFDWLRQ ;
(QJLQH
([DPLQHHQJLQHRLOOHYHO ;
&KDQJHHQJLQHRLO ;
&OHDQWKHDLUILOWHU5HSODFHLIQHFHVVD
U\
;
0DNHVXUHWKHPXIIOHULVDWWDFKHGFRU
UHFWDQGQRWGDPDJHG
;
5HSODFHWKHVSDUNSOXJ ;
(PSW\IXHOWDQNRUDGG6WDELOL]HU ;
1RWH5HSODFHEODGHVPRUHRIWHQZKHQ\RXRSHUDWH
WKHSURGXFWLQVDQG\VRLO
1RWH$QGDIWHUKRXUVRIXVH
1RWH'RPRUHPDLQWHQDQFHRQWKHSURGXFWZKHQ
RSHUDWLQJZLWKDKHDY\ORDGDWKLJKDPELHQW
WHPSHUDWXUHVRUYHU\EDGFRQGLWLRQV
1RWH&OHDQPRUHIUHTXHQWO\LQGXVW\FRQGLWLRQV
7RGRDJHQHUDOLQVSHFWLRQ
ವ &KHFNWKDWQXWVDQGVFUHZVDUHWLJKW
ವ 0DNHVXUHQRFDEOHVDUHSLQFKHG
*HQHUDOOXEULFDWLRQ
&$87,21'RQRWXVHRLORUJUHDVHRQ
SODVWLFZKHHOEHDULQJV9LVFRXVOXEULFDQWV
DWWUDFWGXVWDQGGLUWWKDWGHFUHDVHVWKHOLIHRI
WKHVHOIOXEULFDWLQJEHDULQJV,I\RXIHHOWKH\
PXVWEHOXEULFDWHGXVHRQO\DGU\SRZGHUHG
JUDSKLWHW\SHOXEULFDQWDVQHFHVVDU\
1
3
2
26
 (QJLQHRLO 6HH
(QJLQHOXEULFDWLRQRQ
SDJH

 5HDUGRRUKLQJH 6SUD\OXEULFDQW
 +DQGOHEDUPRXQWLQJ
EROWV
(QJLQHOXEULFDWLRQ
8VHRQO\KLJKTXDOLW\GHWHUJHQWRLOUDWHGZLWK$3,VHUYLFH
FODVVLILFDWLRQ6*6/6HOHFWWKHFRUUHFWRLO6$(YLVFRVLW\
JUDGHIRU\RXUSRVVLEOHRSHUDWLQJWHPSHUDWXUH
&$87,21$OWKRXJKPXOWLYLVFRVLW\RLO
::DQGPRUHLPSURYHVVWDUWLQJ
LQFROGZHDWKHUWKH\LQFUHDVHRLOXVHZKHQ
XVHGDERYHr&r)([DPLQH\RXU
HQJLQHRLOOHYHOPRUHIUHTXHQWO\WRSUHYHQW
SRVVLEOHHQJLQHGDPDJHIURPORZRLOOHYHOV
ವ 5HIHUWRWKHHQJLQHPDQXIDFWXUHUVPDQXDOIRURLO
FKDQJHLQWHUYDOV
ವ ([DPLQHWKHHQJLQHRLOOHYHOEHIRUH\RXVWDUWWKH
HQJLQHDQGDIWHUHDFKKRXUVRIFRQWLQXRXV
RSHUDWLRQ$OZD\VFRUUHFWO\WLJKWHQWKHRLOSOXJEHIRUH
\RXH[DPLQHWKHRLO
7RH[DPLQHWKHHQJLQHRLOOHYHO
&$87,213XWLQRQO\R]ORIRLOWKH
ILUVWWLPHEHFDXVHRIWKHUHPDLQLQJRLOLQWKH
HQJLQHIURPWKHPDQXIDFWXUHUVTXDOLW\
WHVW:KHQ\RXFKDQJHWKHRLOR]O
FDQSRVVLEO\EHQHFHVVDU\
 3XWWKHSURGXFWRQIODWJURXQG0DNHVXUHWKH
LJQLWLRQOHDGLVUHPRYHGIURPWKHVSDUNSOXJEHIRUH
\RXRSHQWKHRLOILOOHUFDS
 ([DPLQHWKHRLOOHYHOZLWKWKHGLSVWLFNRQWKHRLOILOOHU
FDS
 
 /DLVVHUOHERXFOLHUDUULªUHIHUP«HWVಬDVVXUHUTXಬLOVH
IHUPHKHUP«WLTXHPHQWFRQWUHOHERXFKRQGH
EUR\DJH
3RXUIDLUHSDVVHUODWRQGHXVHHQ
PRGHG«FKDUJHODW«UDOH
/HPRGHUDPDVVDJHDUULªUHSHUPHWGHG«FKDUJHUGHV
PDW«ULDX[YHUVODJDXFKHGHODWRQGHXVHSHQGDQW
OಬXWLOLVDWLRQ/RUVGHODWHQWDWLYHGHFRXSHGಬXQHJUDQGH
TXDQWLW«GಬKHUEHOHPRWHXUSHXWIDLEOLURXODGXU«HGH
IRQFWLRQQHPHQWGHODWRQGHXVHSHXWGLPLQXHU)DLUH
SDVVHUODWRQGHXVHHQPRGHG«FKDUJHODW«UDOHSRXU
DXJPHQWHUOHVSHUIRUPDQFHVHWODGXU«HGH
IRQFWLRQQHPHQW
 /HYHUOHERXFOLHUDUULªUHHWUHWLUHUOHERXFKRQGH
EUR\DJHRXOHVDF¢KHUEHVHORQOಬ«TXLSHPHQW
 )HUPHUOHERXFOLHUDUULªUH
3RXUU«JOHUODKDXWHXUGHFRXSH
/DKDXWHXUGHFRXSHSHXW¬WUHU«JO«HVXUQHXISRVLWLRQV
GLII«UHQWHVHQWUHHW6RXOHYHUOHVURXHVSRXUXQH
KDXWHXUGHFRXSHEDVVHHWDEDLVVHUOHVURXHVSRXUXQH
KDXWHXUGHFRXSH«OHY«H/DSRVLWLRQPR\HQQHHVWOD
PHLOOHXUHSRXUODSOXSDUWGHVSHORXVHV
/HOHYLHUGHU«JODJHHVW¢UHVVRUW
 $SSX\HUOHOHYLHUGHU«JODJHGHKDXWHXUGDQVOHVHQV
GHODURXH
 '«SODFHUODURXHYHUVOHKDXWRXYHUVOHEDVVHORQ
OHVH[LJHQFHVGHFRXSH
 '«ILQLUODP¬PHKDXWHXU¢WRXVOHVTXDWUHFRLQV
 
 )L[HUOHVDF¢KHUEHVXUOHFK¤VVLVDXPR\HQGHV
DWWDFKHV¢IL[DWLRQUDSLGH
3RXULQVWDOOHUODSRLJQ«HGXF¤EOHGX
ODQFHXU
 'HVVHUUHUOHERXWRQGHYHUURXLOODJH
 0DLQWHQLUODSRLJQ«HGHIUHLQPRWHXUFRQWUHOD
SRLJQ«HVXS«ULHXUH
 7HQLUODSRLJQ«HGXF¤EOHGXODQFHXU7LUHUOHQWHPHQW
MXVTXಬ¢FHTXHOHF¤EOHGXODQFHXUSXLVVHJOLVVHU
GDQVODERXFOHGHODFRUGHJXLGH
 6HUUHUOHERXWRQGHYHUURXLOODJH
3RXUIDLUHSDVVHUOൄRXWLODXPRGH
UDPDVVDJH
/HPRGHUDPDVVDJHDUULªUHSHUPHWGHUHFXHLOOLUOಬKHUEH
FRXS«HGDQVOHFROOHFWHXUGಬKHUEH
0,6((1*$5'(1HSDVXWLOLVHUOD
WRQGHXVHVDQVTXHOHYROHWDUULªUHVRLWIHUP«
RXTXಬXQFROOHFWHXUGಬKHUEHDSSURXY«VRLW
LQVWDOO«1HSDVHVVD\HUGಬXWLOLVHUOD
WRQGHXVHDORUVTXHOHYROHWDUULªUHHVWUHWLU«
RXRXYHUW
 /HYHUOHYROHWDUULªUHHWUHWLUHUOHERXFKRQGH
EUR\DJH
 /HYHUOHYROHWDUULªUHHWDFFURFKHUOHFK¤VVLVGX
FROOHFWHXUGಬKHUEHVXUOHSLYRWGXYROHWDUULªUH
 5HO¤FKHUOHYROHWDUULªUHHWOHSODFHUDXGHVVXVGX
FK¤VVLVGXVDF¢KHUEH
 '«SRVHUOHG«IOHFWHXUGHG«FKDUJHPHQWODW«UDO
VHORQOಬ«TXLSHPHQWSXLVODLVVHUOHGLVSRVLWLIGH
SURWHFWLRQGHG«FKDUJHODW«UDOHIHUP«6ಬDVVXUHUTXH
ODSRUWHGHG«FKDUJHODW«UDOHHVWIHUP«H
KHUP«WLTXHPHQWFRQWUHODWRQGHXVH
3RXUIDLUHSDVVHUODWRQGHXVHHQ
PRGHEUR\DJH
/HPRGHEUR\DJHGHODWRQGHXVHU«GXLWODWDLOOHGH
OಬKHUEHFRXS«H/ಬKHUEHFRXS«HWRPEHHQVXLWHVXUOD
SHORXVHHWVಬ«SDUSLOOHGDQVOHVKHUEHV/ಬKHUEHEUR\«H
VHELRG«JUDGHUDSLGHPHQWSRXUIRXUQLUXQDSSRUWHQ
QXWULPHQWV¢ODSHORXVH
 /HYHUOHERXFOLHUDUULªUHHWUHWLUHUOHVDF¢KHUEHVಬLO
HVWLQVWDOO«
 3ODFHUOHERXFKRQGHEUR\DJHGDQVOHFDQDO
FROOHFWHXU
 
28
 5HPRYHWKHRLOFDSDQGFOHDQWKHGLSVWLFN
 3XWWKHGLSVWLFNLQDJDLQ0DNHVXUHWKHRLOILOOHUFDS
LVDWWDFKHGFRUUHFWO\
 ,IWKHRLOOHYHOLVORZSXWLQHQJLQHRLOWRWKHWRSOHYHO
RQWKHGLSVWLFN
7RDGGRLO
 3XWWKHSURGXFWRQIODWJURXQG0DNHVXUHWKH
LJQLWLRQOHDGLVUHPRYHGIURPWKHVSDUNSOXJEHIRUH
\RXRSHQWKHRLOILOOHUFDS
 5HPRYHWKHRLOFDSDQGFOHDQWKHGLSVWLFN
 6ORZO\SXWRLOGRZQWKHRLOILOOVSRXW6WRSLQVKRUW
LQWHUYDOVZLWKDVPDOOTXDQWLW\WRH[DPLQHWKHRLOOHYHO
ZLWKWKHGLSVWLFN
 6WRSDGGLQJRLOZKHQ\RXWRXFKWKH)8//PDUNRQ
WKHGLSVWLFN:DLWXQWLOWKHRLOLVVWDEOH
 0DNHVXUH\RXDOZD\VWLJKWHQWKHRLOGLSVWLFNDJDLQ
EHIRUH\RXVWDUWWKHHQJLQH
 $WWDFKWKHFDEOHWRWKHVSDUNSOXJ
7RFKDQJHWKHRLO
6HH
0DLQWHQDQFHVFKHGXOHRQSDJH
IRUPRUH
LQIRUPDWLRQDERXWZKHQWRFKDQJHWKHRLO
 'LVFRQQHFWWKHVSDUNSOXJFDEOHIURPWKHVSDUNSOXJ
 $OZD\VHPSW\WKHIXHOWDQNEHIRUH\RXSXWWKH
SURGXFWRQLWVVLGH7RHPSW\WKHIXHOWDQNRSHUDWH
WKHPDFKLQHXQWLOWKHWDQNLVHPSW\
 5HPRYHWKHRLOILOOHUFDS
 3XWDYHVVHOLQSRVLWLRQWRFROOHFWWKHRLODVLWGUDLQV
 'UDLQWKHRLOE\WLOWLQJWKHHQJLQHXQWLORLOJRHV
WKURXJKWKHILOOHUSLSH:KHQWKHSURGXFWLVWLOWHG
PDNHVXUHWKHDLUILOWHULVDOZD\VLQWKHKLJKHVW
SRVLWLRQ
 &OHDQVSLOOHGIXHORUHQJLQHRLORQWKHPDFKLQH/HW
WKHUHPDLQLQJIXHOGU\
 6ORZO\SXWRLOGRZQWKHRLOILOOVSRXW6WRSLQVKRUW
LQWHUYDOVWRH[DPLQHWKHRLOOHYHOZLWKWKHGLSVWLFN'R
QRWILOOWRRPXFK
 $OZD\VWLJKWHQWKHRLOGLSVWLFNDJDLQEHIRUH\RXVWDUW
WKHHQJLQH
 &RQQHFWWKHVSDUNSOXJWRWKHVSDUNSOXJFDEOH
7RXVHWKHZDWHUZDVKRXWIHDWXUH
7KHZDWHUZDVKRXWIHDWXUHLVDILWWLQJWKDWFDQTXLFNO\
DQGHDVLO\FOHDQEHORZWKHKRXVLQJ:DWHUJUDVVDQG
RWKHUXQZDQWHGPDWHULDOGUDLQVIURPEHORZWKHSURGXFW
KRXVLQJGXULQJWKHZDVKRXWSURFHVV
 0RYHWKHSURGXFWWRDQDUHDRIFXWJUDVVRUD
GLIIHUHQWKDUGVXUIDFH
 5HPRYHWKHJUDVVFDWFKHURUPXOFKSOXJIURPWKH
SURGXFW
 &ORVHWKHEDFNVKLHOG
 &RQQHFWDJDUGHQKRVHWRWKHZDVKRXWSRUWILWWLQJ
 6WRSWKHZDWHUVXSSO\DQGH[DPLQHIRUOHDNVDWWKH
ILWWLQJ
 ,I\RXGRQRWVHHDOHDNVWDUWWKHHQJLQHDQGOHWLW
UXQXQWLOWKHWKHSURGXFWLVFOHDQEHORZWKHKRXVLQJ
 6WRSWKHHQJLQH
 6WRSWKHZDWHUVXSSO\DQGUHPRYHWKHKRVHIURPWKH
ILWWLQJ
1RWH'RQRWUHPRYHWKHKRVHIURPWKHILWWLQJZKLOH
WKHHQJLQHLVLQRSHUDWLRQ:DWHULQWKHHQJLQHFDQ
GHFUHDVHWKHOLIHRIWKHHQJLQH
 6WDUWWKHHQJLQHDQGOHWLWUXQIRUDIXOOPLQXWHWR
UHPRYHUHPDLQLQJZDWHUIURPWKHSURGXFW
6SDUNSOXJ
&$87,21$OZD\VXVHWKHUHFRPPHQGHG
VSDUNSOXJW\SH8VHRIWKHLQFRUUHFWVSDUN
SOXJFDQFDXVHGDPDJHWRWKHSLVWRQ
F\OLQGHU
ವ6HH
0DLQWHQDQFHVFKHGXOHRQSDJH
IRU
LQIRUPDWLRQDERXWZKHQWRUHSODFHWKHVSDUNSOXJ
ವ )RUWKHFRUUHFWVSDUNSOXJW\SHDQGJDSVHWWLQJVHH
WKHHQJLQHPDQXIDFWXUHUVPDQXDOIRUPRUH
LQIRUPDWLRQ
7RFOHDQWKHDLUILOWHU
$GLUW\DLUILOWHUFDQFDXVHWKHHQJLQHWREHGDPDJHGRU
QRWRSHUDWHFRUUHFWO\'RPDLQWHQDQFHRQWKHDLUFOHDQHU
PRUHIUHTXHQWO\LQGXVW\FRQGLWLRQV
 
6HH
0DLQWHQDQFHVFKHGXOHRQSDJH
IRULQIRUPDWLRQ
DERXWZKHQWRUHSODFHWKHDLUILOWHU
 5HPRYHWKHDLUILOWHUFRYHUDQGUHPRYHWKHILOWHU
 &OHDQWKHILOWHUE\KLWWLQJLWDJDLQVWDIODWVXUIDFH'R
QRWXVHVROYHQWZLWKSHWUROHXPNHURVHQHRU
FRPSUHVVHGDLUWRFOHDQWKHILOWHU
1RWH$LUILOWHUVLQRSHUDWLRQIRUDORQJWLPHFDQQRW
EHFOHDQHGIXOO\5HSODFHWKHDLUILOWHUDWUHJXODU
LQWHUYDOV'DPDJHGDLUILOWHUVPXVWDOZD\VEH
UHSODFHG
 :KHQ\RXDVVHPEOHWKHDLUILOWHUPDNHVXUHWKDWLW
IXOO\VHDOVDJDLQVWWKHILOWHUKROGHU
7RFOHDQWKHSURGXFW
ವ %UXVKRIIOHDYHVDQGJUDVV
ವ .HHSILQLVKHGVXUIDFHVDQGZKHHOVIUHHRIJDVROLQH
RLODQGXQZDQWHGPDWHULDO
ವ .HHSWKHWRSRIWKHHQJLQHVWDUWHUFOHDUDQGFOHDQRI
JUDVVFOLSSLQJVDQGFKDII7KLVKHOSVHQJLQHDLUIORZ
DQGH[WHQGVWKHOLIHRIWKHHQJLQH
ವ &OHDQEHORZWKHSURGXFWZLWKDVFUDSHUWRUHPRYH
WKHEXLOGXSRIJUDVVDQGZDVWH
ವ 'RQRWXVHDKLJKSUHVVXUHZDVKHUWRFOHDQWKH
SURGXFW
ವ 'RQRWIOXVKZDWHUGLUHFWO\RQWKHHQJLQH
ವ &OHDQWKHDLULQWDNHRQWKHVWDUWHU([DPLQHWKH
VWDUWHUDQGVWDUWHUURSH
ವ :KHQ\RXFOHDQEHORZWKHSURGXFWHPSW\WKHIXHO
WDQNDQGSXWWKHSURGXFWRQLWVVLGHZLWKWKHPXIIOHU
GRZQ
&$87,21'RQRWFOHDQWKHSURGXFWZLWK
ZDWHUFOHDQLQJIOXLGVRUVROYHQWV5HPRYH
XQZDQWHGPDWHULDORQWKHSURGXFWZLWKDVRIW
EUXVKRUGU\FORWKWKDWGRHVQRWFRQWDLQ
PHWDO:DWHULQWKHHQJLQHFDQGHFUHDVHWKH
OLIHRIWKHHQJLQH
7RFOHDQWKHJUDVVFDWFKHU
ವ 3RUHVLQFORWKJUDVVFDWFKHUVFDQEHFRPHILOOHGZLWK
GLUWDQGGXVWGXULQJRSHUDWLRQ7KLVFDXVHVWKHJUDVV
FDWFKHUWRFROOHFWOHVVJUDVV7RSUHYHQWWKLV
UHJXODUO\KRVHWKHJUDVVFDWFKHURIIZLWKZDWHUDQG
OHWGU\EHIRUHXVLQJ
ವ ([DPLQHWKHJUDVVFDWFKHUIUHTXHQWO\IRUZHDURU
GHWHULRUDWLRQ5HSODFHLIQHFHVVDU\
7RH[DPLQHWKHWLUHV
ವ .HHSWKHWLUHVIUHHRIXQZDQWHGPDWHULDODQG
FKHPLFDOVWRSUHYHQWGDPDJHWRWKHUXEEHU
ವ .HHSWKHWLUHVDZD\IURPVWXPSVVWRQHVUXWVVKDUS
REMHFWVDQGRWKHUREMHFWVZKLFKFDQFDXVHGDPDJH
WRWKHWLUHV
7RH[DPLQHWKHGRRUDQGGHIOHFWRU
7KHUHDUGRRUDQGUHDUGHIOHFWRUDUHDWWDFKHGEHWZHHQ
WKHUHDUZKHHOVRIWKHSURGXFW7KH\GHFUHDVHWKHULVNRI
REMHFWVWKDWPD\EHHMHFWHGLQWKHGLUHFWLRQRIWKHPRZ
SRVLWLRQRIWKHRSHUDWRU
 0DNHVXUHWKDWWKHUHDUGRRUDQGUHDUGHIOHFWRUDUH
QRWGDPDJHG
 ([DPLQHWKHUHDUGRRUDQGUHDUGHIOHFWRU0DNHVXUH
WKDWWKHUHDUHQRGHIHFWVWKDWSXVKWKHGRRUWRFORVH
LQFOXGLQJFUDFNVRUEURNHQVSULQJV
 5HSODFHWKHUHDUGRRUDQGUHDUGHIOHFWRURUWKH
VSULQJVLIWKH\DUHGDPDJHG
7RUHSODFHWKHVLGHGLVFKDUJH
GHIOHFWRU
7KHVLGHGLVFKDUJHGHIOHFWRULVDWWDFKHGWRWKHVLGH
GLVFKDUJHRSHQLQJRIWKHSURGXFW,WGHFUHDVHVWKHULVN
RIREMHFWVWRHMHFWLQWKHGLUHFWLRQRIWKHPRZSRVLWLRQRI
WKHRSHUDWRU
 0DNHVXUHWKDWWKHVLGHGLVFKDUJHGHIOHFWRULVQRW
GDPDJHG
 ([DPLQHWKHVLGHGLVFKDUJHGHIOHFWRU0DNHVXUH
WKDW\RXGRQRWVHHGHIHFWVVXFKDVFUDFNVRU
EURNHQVSULQJVWKDWSXVKWKHGRRUWRFORVH
 5HSODFHWKHVLGHGLVFKDUJHGHIOHFWRURUWKHVSULQJVLI
WKH\DUHGDPDJHG
7RH[DPLQHWKHEODGH
:$51,1*$OZD\VVWRSWKHHQJLQHEHIRUH
\RXGRZRUNRQWKHEODGH7KHEODGH
FRQWLQXHVWRURWDWHDIWHUWKHWKURWWOHKDV
EHHQUHOHDVHG0DNHVXUHWKDWWKHEODGHLV
IXOO\VWRSSHGDQGGLVFRQQHFWWKHVSDUNSOXJ
FDSEHIRUH\RXVWDUWZRUN
&$87,21)RUWKHEHVWUHVXOWVNHHSWKH
EODGHVKDUSHQHG5HSODFHGDPDJHGEODGHV
LPPHGLDWHO\'RQRWXVHDSURGXFWZLWKD
GDPDJHGEODGH
ವ ([DPLQHWKHEODGHIRUFUDFNVDQGRWKHUGDPDJH$
GDPDJHGEODGHPXVWDOZD\VEHUHSODFHG
ವ $OZD\VPDNHVXUHWKDWWKHEODGHLVFRUUHFWO\JURXQG
DQGEDODQFHG7RH[DPLQHWKHEODGHEDODQFHXVHD
LQPPGLDPHWHUVWHHOEROWSLQRUDFRQH
EDODQFHU2EH\WKHLQVWUXFWLRQVLQFOXGHGZLWKWKH
EDODQFHU
ವ 'RQRWXVHDQDLOWREDODQFHWKHEODGH7KHOREHVRI
WKHFHQWHUKROHDUHQRWFHQWHUHG
ವ 0RYHWKHEODGHRQWRDQXQWKUHDGHGSDUWRIWKHVWHHO
EROWRUSLQDQGKROGWKHEROWRUSLQSDUDOOHOWRWKH
JURXQG,IWKHEODGHLVEDODQFHGLWVWD\VLQWKH
KRUL]RQWDOSRVLWLRQ,IRQHRIWKHWZRHQGVRIWKH
EODGHPRYHVGRZQVKDUSHQWKHKHDY\HQGXQWLOWKH
EODGHLVFRUUHFWO\EDODQFHG
 
3RXUU«JOHUOൄRXWLOHQSRVLWLRQGൄXWLOLVDWLRQ
 /HYHUODSRLJQ«HLQI«ULHXUHHQSRVLWLRQGHPDUFKH
 ,QVWDOOHUOHVERXORQVGHFDUURVVHULHIRXUQLVGDQVOD
SRLJQ«HHWGDQVOHVVXSSRUWVGHSRLJQ«H6HUUHUOHV
«FURXV¢OಬDLGHGಬXQHFO«GHSR
 /HYHUODSRLJQ«HVXS«ULHXUHHQSRVLWLRQVXUOD
SRLJQ«HLQI«ULHXUHHWVHUUHUOHVGHX[ERXWRQV
VXS«ULHXUV
 0HWWUHDXUHEXWWRXVOHVPDW«ULDX[GಬHPEDOODJH
UHVWDQWVGHODSRLJQ«HGHFRPPDQGHGXPRWHXU
3RXUU«JOHUOൄRXWLOHQSRVLWLRQGH
WUDQVSRUW
 'HVVHUUHUOHVGHX[«FURXVGHODSRLJQ«HVXS«ULHXUH
HWUHWLUH]OHERXORQHWOಬ«FURXVXS«ULHXUV/DLVVHUOD
SRLJQ«HVಬDEDLVVHUYHUVOಬDUULªUH
13
 5HWLUHUOHVERXORQVHWOHV«FURXVTXLIL[HQWOHV
SRLJQ«HVLQI«ULHXUHVDX[VXSSRUWVGHSRLJQ«H
 )DLUHSLYRWHUFRPSOªWHPHQWOಬHQVHPEOHGHSRLJQ«H
YHUVOಬDYDQWGDQVXQHSRVLWLRQVWDEOHVXUODSDUWLH
VXS«ULHXUHGHOಬRXWLO
3RXUDVVHPEOHUOHFROOHFWHXUGൄKHUEH
 )L[HUOHFK¤VVLVGXFROOHFWHXUGಬKHUEHVXUOHVDF¢
KHUEHHQRULHQWDQWODSDUWLHULJLGHGXVDFYHUVOHEDV
0DLQWHQLUODSRLJQ«HGXFK¤VVLV¢OಬH[W«ULHXUGHOD
SDUWLHVXS«ULHXUHGXVDF
 
WUªVDII½W«HHWGHVFRXSXUHVSHXYHQWVHSURGXLUH
IDFLOHPHQW
ವ /HVDFFHVVRLUHVHWOHVPRGLILFDWLRQVDSSRUW«HVDX
SURGXLWTXLQHVRQWSDVDSSURXY«VSDUOHIDEULFDQW
SHXYHQWFDXVHUGHVEOHVVXUHVJUDYHVYRLUH
PRUWHOOHV1HSDVPRGLILHUOಬRXWLO7RXMRXUVXWLOLVHU
GHVDFFHVVRLUHVKRPRORJX«VSDUOHIDEULFDQW
ವ 6LOಬHQWUHWLHQQಬHVWSDVHIIHFWX«FRUUHFWHPHQWHW
U«JXOLªUHPHQWOHULVTXHGHEOHVVXUHVHWGH
GRPPDJHVVXUOಬRXWLODXJPHQWH
ವ 1ಬHIIHFWXHUTXHOHVWUDYDX[GಬHQWUHWLHQWHOTXಬLQGLTX«
GDQVFHPDQXHOGಬXWLOLVDWLRQ7RXVOHVDXWUHVWUDYDX[
GಬHQWUHWLHQGRLYHQW¬WUHHIIHFWX«VSDUXQ+XVTYDUQD
DJHQWGಬHQWUHWLHQDJU««
ವ 'HPDQGHUU«JXOLªUHPHQW¢XQ+XVTYDUQDDJHQW
GಬHQWUHWLHQDJU««GಬHIIHFWXHUOಬHQWUHWLHQGHOಬRXWLO
ವ 5HPSODFHUOHVSLªFHVHQGRPPDJ«HVXV«HVRX
EULV«HV
6«FXULW«ാFDUEXUDQW
$9(57,66(0(17/LUHOHVPHVVDJHV
GಬDYHUWLVVHPHQWTXLVXLYHQWDYDQWGಬXWLOLVHU
OಬRXWLO
ವ 1HSDVG«PDUUHUOಬRXWLOVಬLO\DGXFDUEXUDQWRXGH
OಬKXLOHPRWHXUVXUOಬRXWLO1HWWR\HUOHFDUEXUDQWRX
OಬKXLOHHWODLVVHUV«FKHUOಬRXWLO
ವ 6LGXFDUEXUDQWVHG«YHUVHVXUOHVY¬WHPHQWV
FKDQJHULPP«GLDWHPHQWGHY¬WHPHQW
ವ 1HSDVG«YHUVHUGXFDUEXUDQWVXUOHFRUSVFHOD
SRXUUDLWFDXVHUGHVEOHVVXUHV6LGXFDUEXUDQWVH
G«YHUVHVXUOHFRUSVVHQHWWR\HUDXVDYRQGRX[HW¢
OಬHDX
ವ 1HSDVG«PDUUHUOಬRXWLOVLOHPRWHXUSU«VHQWHXQH
IXLWH9«ULILHUU«JXOLªUHPHQWOHPRWHXU¢ODUHFKHUFKH
GHIXLWHV
ವ )DLUHSUHXYHGHSUXGHQFHORUVGHODPDQLSXODWLRQGX
FDUEXUDQW&HOXLFLHVWLQIODPPDEOHHWVHVYDSHXUV
VRQWH[SORVLYHVHWSHXYHQWFDXVHUGHVEOHVVXUHVRX
ODPRUW
ವ 1HSDVUHVSLUHUOHVYDSHXUVGHFDUEXUDQWFDUHOOHV
SHXYHQWFDXVHUGHVEOHVVXUHV9«ULILHUTXHOD
YHQWLODWLRQHVWVXIILVDQWH
ವ 1HSDVIXPHU¢SUR[LPLW«GXFDUEXUDQWRXGX
PRWHXU
ವ 1HSDVSODFHUGHVREMHWVFKDXGV¢SUR[LPLW«GX
FDUEXUDQWRXGXPRWHXU
ವ 1HSDVIDLUHOHSOHLQGHFDUEXUDQWORUVTXHOHPRWHXU
WRXUQH
ವ 9«ULILHUTXHOHPRWHXUHVWIURLGDYDQWGHIDLUHOHSOHLQ
ವ $YDQWGHIDLUHOHSOHLQRXYULUOHQWHPHQWOHFRXYHUFOH
GXU«VHUYRLUGHFDUEXUDQWHWUHO¤FKHUODSUHVVLRQ
DYHFSU«FDXWLRQ
ವ 1HSDVIDLUHOHSOHLQGDQVXQHSLªFHIHUP«H8Q
G«ELWGಬDLULQVXIILVDQWSHXWHQWUD°QHUGHVEOHVVXUHVRX
ODPRUWHQUDLVRQGಬXQHDVSK\[LHRXGXPRQR[\GHGH
FDUERQH
ವ 6HUUHUIHUPHPHQWOHFRXYHUFOHGXU«VHUYRLUGH
FDUEXUDQW6LOHFRXYHUFOHGXU«VHUYRLUGHFDUEXUDQW
QಬHVWSDVELHQVHUU«LO\DXQULVTXHGಬLQFHQGLH
ವ $YDQWGHG«PDUUHUOಬRXWLOOHG«SODFHU¢DXPRLQVP
SLGHODSRVLWLRQR»OHSOHLQGHFDUEXUDQWD«W«
IDLW
ವ 1HSDVPHWWUHWURSGHFDUEXUDQWGDQVOHU«VHUYRLUGH
FDUEXUDQW
0217$*(
$9(57,66(0(17/LUHOHFKDSLWUHVXUOD
V«FXULW«DYDQWGಬLQVWDOOHUOHSURGXLW
3RXUUHWLUHUOൄRXWLOGXFDUWRQ
 5HWLUHUWRXWHVOHVSLªFHVGHVVHUU«HVLQFOXVHVDYHF
OಬRXWLO
 &RXSHUGHX[FRLQVGHFDUWRQHWSODFHUOಬH[WU«PLW«GX
SDQQHDX¢SODW
 5HWLUHUWRXVOHVPDW«ULDX[GಬHPEDOODJH
 5HWLUHUOಬRXWLOGXFDUWRQHWVಬDVVXUHUTXಬDXFXQHSLªFH
GHVVHUU«HQಬHVWODLVV«HGDQVOHFDUWRQ
 
1RWH7KHEODGHVPXVWEHEDODQFHGDIWHUVKDUSHQLQJ
'RQRWVKDUSHQRUEDODQFHWKHEODGHRQ\RXURZQ
6SHDNWRDQDSSURYHGVHUYLFHZRUNVKRS
7RUHSODFHWKHEODGH
:$51,1*8VHJORYHVDQGRUZLQGWKH
EODGHZLWKDKHDY\FORWKWRSUHYHQWLQMXU\WR
\RXUKDQGV
&$87,212QO\XVHDUHSODFHPHQWEODGH
IURPDQDSSURYHGPDQXIDFWXUHU8VLQJD
EODGHQRWDSSURYHGE\WKHPDQXIDFWXUHULV
GDQJHURXVDQGFDQFDXVHGDPDJHWRWKH
SURGXFWDQGYRLGWKHZDUUDQW\
 $OZD\VGLVFRQQHFWWKHVSDUNSOXJEHIRUH\RXGR
PDLQWHQDQFH
 $OZD\VHPSW\WKHIXHOWDQNEHIRUH\RXSXWWKH
SURGXFWRQLWVVLGH(PSW\WKHIXHOWDQNE\RSHUDWLQJ
WKHPDFKLQHXQWLOWKHWDQNLVHPSW\
 7XUQWKHSURGXFWRQLWVVLGH:KHQWKHSURGXFWLV
WLOWHGPDNHVXUHWKDWWKHDLUILOWHULVDOZD\VSXWLQWKH
KLJKHVWSRVLWLRQ
 8VHDZRRGEORFNEHWZHHQWKHEODGHDQGWKHPRZHU
KRXVLQJWRSUHYHQWWKHEODGHIURPWXUQLQJZKHQ
UHPRYLQJWKHEODGHEROW
 5HPRYHWKHEODGHEROWE\WXUQLQJWKHEROW
FRXQWHUFORFNZLVH
 5HPRYHWKHEODGH0DNHVXUHWKDWWKHEODGHDGDSWHU
LVQRWGDPDJHG([DPLQHWKHEODGHEROWIRUGDPDJH
DQGPDNHVXUHWKHHQJLQHVKDIWLVQRWEHQW
7RDVVHPEOHWKHEODGH
 3XWWKHEODGHDGDSWHURQWKHHQJLQHFUDQNVKDIW
0DNHVXUHWKHNH\LQWKHDGDSWHUDQGFUDQNVKDIW
NH\ZD\DUHDOLJQHG
 $OZD\VDWWDFKWKHEODGHZLWKWKHDQJOHGHQGV
SRLQWLQJXSLQWKHGLUHFWLRQRIWKHHQJLQH
 8VHDEORFNRIZRRGEHWZHHQWKHEODGHDQGSURGXFW
KRXVLQJ7LJKWHQWKHEODGHEROWDQGWXUQLWFORFNZLVH
 $OZD\VWLJKWHQWKHEROWZLWKDWRUTXHRIIWOEV
1P
 
 0DNHVXUHWKHVSDUNSOXJFDEOHLVGLVFRQQHFWHGIURP
WKHHQJLQH
&$87,217RSUHYHQWDFFLGHQWDOVWDUW
DOZD\VGLVFRQQHFWWKHVSDUNSOXJFDEOH
DQGSXWWKHZLUHZKHUHLWFDQQRWWRXFK
WKHVSDUNSOXJ
 3XOOWKHEODGHDURXQGE\KDQGDQGPDNHVXUHLW
URWDWHVIUHHO\
75$163257$7,21$1'6725$*(
ವ .HHSDOOHTXLSPHQWVDIHGXULQJWUDQVSRUWDWLRQWR
SUHYHQWGDPDJHDQGDFFLGHQWV
ವ )RUVWRUDJHNHHSHTXLSPHQWLQDORFNDEOHDUHD
DZD\IURPFKLOGUHQDQGSHUVRQVWKDWDUHQRW
DSSURYHG
ವ )RUVWRUDJHNHHSWKHSURGXFWDQGHTXLSPHQWLQD
GU\DQGIURVWSURRIDUHD
ವ :KHQORDGLQJRUPRYLQJWKHSURGXFWGRQRWJRPRUH
WKDQWKHPD[LPXPUHFRPPHQGHGRSHUDWLRQDQJOHRI
GHJUHHV
ವ (PSW\WKHIXHOWDQNE\RSHUDWLQJWKHSURGXFWXQWLOWKH
WDQNLVHPSW\
ವ 'UDLQWKHHQJLQHRLO
ವ &OHDQWKHSURGXFW)RUPRUHLQIRUPDWLRQVHH
7R
FOHDQWKHSURGXFWRQSDJH

ವ 7LJKWHQEROWVDQGQXWV
ವ 5HSODFHRUUHSDLUGDPDJHGFRPSRQHQWV
ವ 7RXFKXSDOOUXVWHGRUGDPDJHGSDLQWVXUIDFHV
6DQGOLJKWO\EHIRUHSDLQWLQJ
ವ 8VHWKHFRUUHFWSURWHFWLYHFRYHURQWKHSURGXFWWKDW
NHHSVLWGU\'RQRWXVHSODVWLFEHFDXVHLWOHWV
FRQGHQVDWLRQFROOHFWDQGFDXVHVFRUURVLRQRQWKH
SURGXFW
7(&+1,&$/'$7$
8QLW /3
*DVROLQHFDSDFLW\ TXDUWOLWHUV 
*DVROLQHW\SH 8QOHDGHGUHJXODURQO\
2LOW\SH$3,6*6/ 6$(DERYHr&r)
6$(:EHORZrr)
2LOFDSDFLW\ RXQFHV 
6SDUNSOXJJDS LQFKHVPP 
6SDUNSOXJW\SH 
%ODGHEROWWRUTXH IWOEV1P 
 
ವ 7RXMRXUVSRUWHUGHVOXQHWWHVGHV«FXULW«RXWRXW
DXWUHGLVSRVLWLIGHSURWHFWLRQGHV\HX[ORUVGH
OಬXWLOLVDWLRQGHOಬRXWLORXGHVRS«UDWLRQVGಬHQWUHWLHQRX
GHU«SDUDWLRQV
ವ 1HSDVXWLOLVHUOHSURGXLWDYHFOHVSLHGVQXVRXGHV
FKDXVVXUHVRXYHUWHV8WLOLVHUWRXMRXUVGHVERWWHV
DQWLG«UDSDQWHVUREXVWHVTXLRIIUHQWXQERQVXSSRUW
DX[FKHYLOOHVORUVGHOಬXWLOLVDWLRQGXSURGXLW
ವ 3RUWHUXQSDQWDORQORQJHWUREXVWH1HSDVSRUWHU
GHVVKRUWVRXGHVVDQGDOHVRXPDUFKHUSLHGVQXV
ವ 8WLOLVHUGHVJDQWVGHSURWHFWLRQKRPRORJX«VDX
EHVRLQ3DUH[HPSOHORUVGHODIL[DWLRQGHOಬH[DPHQ
RXGXQHWWR\DJHGHODODPH
ವ 7RXMRXUVXWLOLVHUXQGLVSRVLWLIGHSURWHFWLRQ
KRPRORJX«SRXUOHVRUHLOOHVORUVTXಬRQXWLOLVHOH
SURGXLW/HIDLWGಬHQWHQGUHGXEUXLWSHQGDQWXQH
ORQJXHS«ULRGHSHXWHQJHQGUHUXQHSHUWHDXGLWLYH
'LVSRVLWLIVGHSURWHFWLRQVXUOH
SURGXLW
ವ )DLUHU«JXOLªUHPHQWOಬHQWUHWLHQVXUOHSURGXLW
ವ &HWWHSU«FDXWLRQDXJPHQWHODGXU«HGHYLHXWLOH
GXSURGXLW
ವ &HWWHSU«FDXWLRQU«GXLWOHULVTXHGಬDFFLGHQW
&RPPXQLTXHUU«JXOLªUHPHQWDYHFXQ
FRQFHVVLRQQDLUHDJU««RX¢XQFHQWUHGHVHUYLFH
DSUªVYHQWHDJU««GಬH[DPLQHUOHSURGXLWSRXU
HIIHFWXHUOHVU«JODJHVHWOHVU«SDUDWLRQV
ವ 1HSDVXWLOLVHUXQSURGXLWDYHFXQ«TXLSHPHQWGH
SURWHFWLRQHQGRPPDJ«6LOHSURGXLWHVW
HQGRPPDJ«FRPPXQLTXHUDYHFXQFHQWUHGH
VHUYLFHDSUªVYHQWHDJU««
3RLJQ«HGHIUHLQPRWHXU
/DSRLJQ«HGXIUHLQPRWHXUDUU¬WHOHPRWHXU/RUVTXಬRQ
UHO¤FKHODSRLJQ«HGXIUHLQPRWHXUOHPRWHXUVಬDUU¬WH
3RXUHIIHFWXHUXQHLQVSHFWLRQGXIUHLQPRWHXUG«PDUUHU
OHPRWHXUHWUHO¤FKHUODSRLJQ«HGXIUHLQPRWHXU
6LOHPRWHXUQHVಬDUU¬WHSDVHQVHFRQGHV
FRPPXQLTXHUDYHFXQDJHQWGಬHQWUHWLHQDJU««SRXU
U«JOHUOHIUHLQPRWHXU
'«IOHFWHXUDUULªUHHWYROHWDUULªUH
/HG«IOHFWHXUDUULªUHHWOHYROHWDUULªUHU«GXLVHQWOH
ULVTXHGHSURMHFWLRQGಬREMHWVGXGHUULªUHGHOಬRXWLOYHUVOD
SRVLWLRQGHWRQWHGHOಬRS«UDWHXU/HG«IOHFWHXUDUULªUHHVW
IL[«HQWUHOHVURXHVDUULªUHGHYRWUHRXWLO
8
ವ 6ಬDVVXUHUTXHOHYROHWDUULªUHQಬHVWSDVHQGRPPDJ«
HWQHSU«VHQWHSDVGHG«IDXWVYLVLEOHVWHOVTXHGHV
ILVVXUHVRXGHVUHVVRUWVEULV«V/HVG«IDXWV
SURYRTXHQWXQHIHUPHWXUHIRUF«HGHODSRUWH
5HPSODFHUODSRUWHRXOHVUHVVRUWVVಬLOVVRQW
HQGRPPDJ«V
ವ 6ಬDVVXUHUTXHOHG«IOHFWHXUDUULªUHQಬHVWSDV
HQGRPPDJ«HWQHSU«VHQWHSDVGHG«IDXWVYLVLEOHV
WHOVTXHGHVILVVXUHVRXXQHSLªFHGHTXLQFDLOOHULH
PDQTXDQWH6ಬDVVXUHUTXHOHG«IOHFWHXUHVWOLEUHGH
WRXUQHU5HPSODFHUODSLªFHGHIL[DWLRQHWOH
G«IOHFWHXUVಬLOVVRQWHQGRPPDJ«V
6LOHQFLHX[
/HVLOHQFLHX[PDLQWLHQWOHQLYHDXGHEUXLWDXPLQLPXPHW
GLULJHOHVJD]Gಬ«FKDSSHPHQWORLQGHOಬXWLOLVDWHXU
1HSDVXWLOLVHUOಬRXWLOVLOHVLOHQFLHX[HVWPDQTXDQWRX
G«IHFWXHX[8QVLOHQFLHX[G«IHFWXHX[DXJPHQWHOH
QLYHDXVRQRUHHWOHULVTXHGಬLQFHQGLH
$9(57,66(0(17/HVLOHQFLHX[GHYLHQW
WUªVFKDXGSHQGDQWHWDSUªVXWLOLVDWLRQHW
ORUVTXHOHPRWHXUWRXUQHDXUDOHQWL)DLUH
DWWHQWLRQ¢SUR[LPLW«GHVPDW«ULDX[
LQIODPPDEOHVRXGHVIXP«HVDILQGಬ«YLWHU
WRXWULVTXHGಬLQFHQGLH
&RQVLJQHVGHV«FXULW«SRXUOD
PDLQWHQDQFH
$9(57,66(0(17/LUHOHVPHVVDJHV
GಬDYHUWLVVHPHQWTXLVXLYHQWDYDQWGಬXWLOLVHU
OಬRXWLO
ವ /HVJD]Gಬ«FKDSSHPHQWGXPRWHXUFRQWLHQQHQWGX
PRQR[\GHGHFDUERQHXQJD]LQRGRUHWR[LTXHHW
WUªVGDQJHUHX[1HSDVG«PDUUHUOHPRWHXU¢
OಬLQW«ULHXURXGDQVGHVHVSDFHVIHUP«V
ವ $YDQWGಬHIIHFWXHUXQHQWUHWLHQVXUOHSURGXLWDUU¬WHU
OHPRWHXUHWUHWLUHUOHF¤EOHGಬDOOXPDJHGHODERXJLH
ವ 8WLOLVHUGHVJDQWVGHSURWHFWLRQORUVGHVRS«UDWLRQV
GಬHQWUHWLHQVXUOಬ«TXLSHPHQWGHFRXSH/DODPHHVW
 
LQG«VLUDEOHVVXUYRWUHYLVLRQYRWUHDWWHQWLRQYRWUH
FRRUGLQDWLRQGHVJHVWHVRXYRWUHMXJHPHQW
&RQVLJQHVGHV«FXULW«SRXU
OൄXWLOLVDWLRQ
ವ &RQQD°WUHOHVFRPPDQGHVHWOHERQIRQFWLRQQHPHQW
GHOಬRXWLODYDQWGHOಬXWLOLVHU
ವ 1HSDVODLVVHUGHVHQIDQWVRXGHVSHUVRQQHVXWLOLVHU
OಬRXWLOVDQVFRQQD°WUHOHVLQVWUXFWLRQV
ವ 1HMDPDLVXWLOLVHUOಬRXWLODORUVTXHGHVSHUVRQQHVHQ
SDUWLFXOLHUGHVHQIDQWVRXGHVDQLPDX[GRPHVWLTXHV
VHWURXYHQW¢SUR[LPLW«
ವ ORLJQHUOHVHQIDQWVGHOD]RQHGHFRXSHHWODIDLUH
VXUYHLOOHUSDUXQDGXOWHDXWUHTXHOಬRS«UDWHXU
ವ $UU¬WHUOಬRXWLOVLXQHQIDQWS«QªWUHGDQVOD]RQHGH
WUDYDLO
ವ 9«ULILHUHQWLªUHPHQWOD]RQHR»OಬRXWLOGRLW¬WUHXWLOLV«
5HWLUHUWRXVOHVREMHWVTXLSHXYHQW¬WUH«MHFW«VSDU
OಬRXWLOSHQGDQWOಬXWLOLVDWLRQ
ವ ([DPLQHUODODPHOHERXORQGHODODPHOಬHQVHPEOH
GHEDODLHWODEDVHGXPRWHXUDYDQWWRXWHXWLOLVDWLRQ
DILQGHG«WHFWHUOHVVLJQHV«YHQWXHOVGಬXVXUHHWGH
GRPPDJH
ವ 1ಬXWLOLVHUOಬRXWLOTXಬ¢ODOXPLªUHGXMRXURXGDQVGH
ERQQHVFRQGLWLRQVGHOXPLªUHDUWLILFLHOOH
ವ 1HSDVXWLOLVHUOಬRXWLOVXUGHOಬKHUEHPRXLOO«H
ವ )DLUHDWWHQWLRQGDQVOHVFRLQVSUªVGHVEXLVVRQV
DUEUHVHWWRXWDXWUHREMHWSRXYDQWJ¬QHUODYLVLELOLW«
ವ )DLUHSUHXYHGಬXQHH[WU¬PHSUXGHQFHORUVGಬXQH
PDQĕXYUHHQPDUFKHDUULªUHRXHQWLUDQWOಬRXWLOYHUV
VRL
ವ 1HSDVSODFHUOHVPDLQVRXOHVSLHGVSUªVRXVRXV
OHVSLªFHVHQURWDWLRQ7RXMRXUVVHWHQLU¢Oಬ«FDUWGHV
RXYHUWXUHVGಬ«MHFWLRQ
ವ $UU¬WHUODODPHORUVGHODWUDYHUV«HGHVVXUIDFHVGH
JUDYLHU
ವ $UU¬WHUOHPRWHXUHWDWWHQGUHMXVTXಬ¢FHTXHODODPH
VಬDUU¬WHFRPSOªWHPHQWDYDQWGHQHWWR\HUOಬRXWLOGH
UHWLUHUOHFROOHFWHXUGಬKHUEHRXGHUHWLUHUOHVU«VLGXV
GಬKHUEHGHODJRXORWWHGHG«FKDUJH
ವ '«VHQJDJHUOHV\VWªPHGಬHQWUD°QHPHQWVHORQ
Oಬ«TXLSHPHQWDYDQWGHG«PDUUHUOHPRWHXU
ವ 1HSDVXWLOLVHUOಬRXWLOVLYRXV¬WHVIDWLJX«PDODGHRX
VRXVOಬHPSULVHGHOಬDOFRRORXGಬXQHGURJXH
ವ 6LOಬRXWLOYLEUHGHID©RQLQKDELWXHOOHDUU¬WHU
LPP«GLDWHPHQWOHPRWHXUHWUHFKHUFKHUODFDXVH
/HVYLEUDWLRQVLQGLTXHQWJ«Q«UDOHPHQWOಬH[LVWHQFHGH
GRPPDJHV
ವ 1HSDVGLULJHUOHVPDW«ULDX[«MHFW«VYHUVGಬDXWUHV
SHUVRQQHVYLWHUGHSURMHWHUOHVPDW«ULDX[FRQWUH
XQPXURXXQREVWDFOH/HVPDW«ULDX[SHXYHQW
ULFRFKHUHWUHYHQLUYHUVOಬRS«UDWHXU
ವ 1HMDPDLVIDLUHIRQFWLRQQHUOಬRXWLOVDQVOHVGLVSRVLWLIV
GHSURWHFWLRQDSSURSUL«VOHVSODTXHVOHFROOHFWHXU
GಬKHUEHHWOHVDXWUHVGLVSRVLWLIVGHSURWHFWLRQHQ
SODFH
6«FXULW«GHOD]RQHGHWUDYDLO
ವ 5HWLUHUOHVEUDQFKHVOHVEULQGLOOHVOHVSLHUUHVHW
GಬDXWUHVREMHWVGHODSHORXVHDYDQWGHFRPPHQFHU¢
FRXSHU
ವ *DUGHUOHVSHUVRQQHV\FRPSULVOHVHQIDQWVHWOHV
DQLPDX[¢XQHGLVWDQFHV«FXULWDLUHGHOಬDLUHGH
WUDYDLO
ವ /HVREMHWVTXLKHXUWHQWOಬ«TXLSHPHQWGHFRXSH
SHXYHQW¬WUHSURMHW«VHWFDXVHUGHVGRPPDJHVDX[
SHUVRQQHVHWDX[REMHWVHQYLURQQDQWV
ವ 1HSDVXWLOLVHUOಬRXWLOSDUPDXYDLVWHPSV\FRPSULV
GDQVOHEURXLOODUGVRXVODSOXLHGDQVGHVHQGURLWV
H[SRV«V¢OಬKXPLGLW«KXPLGHVRXIRUWHPHQWYHQWHX[
HQFDVGHIURLGLQWHQVHRXHQSU«VHQFHGಬXQULVTXH
GHIRXGUH(IIHFWXHUOHWUDYDLOSDUPDXYDLVWHPSV
SHXWFDXVHUXQHIDWLJXHHWGHVFRQGLWLRQV
GDQJHUHXVHVWHOOHVTXHOHVVXUIDFHVJOLVVDQWHV
ವ 9«ULILHUOಬDLUHGHWUDYDLOSRXUYRXVDVVXUHUGHWRXMRXUV
JDUGHUOHFRQWU¶OHGHOಬRXWLO
ವ )DLUHDWWHQWLRQDX[UDFLQHVDX[SLHUUHVDX[
EUDQFKHVDX[IRVVHVHWDX[IRVV«V/ಬKHUEHKDXWH
SHXWGLVVLPXOHUGHVREVWDFOHV
ವ )DLUHSUHXYHGHSUXGHQFH¢OಬDSSURFKHGHVUHFRLQV
HWGHVREMHWVTXLSHXYHQWEORTXHUODYXH
&RQVLJQHVGHV«FXULW«UHODWLYHVDX
WUDYDLOVXUOHVWHUUDLQVHQSHQWH
ವ )DLUHSUHXYHGHSUXGHQFHORUVGHODFRXSHVXUXQ
WHUUDLQHQSHQWH/HVSHQWHVSHXYHQW¬WUH
GDQJHUHXVHV8QHFKXWHVXUXQHSHQWHSHXWFDXVHU
GHVEOHVVXUHV
ವ &RXSHUGಬXQF¶W«¢OಬDXWUHGHVSHQWHV1HSDV
FRXSHUYHUVOHKDXWRXYHUVOHEDV
ವ )DLUHSUHXYHGHSUXGHQFHORUVGXFKDQJHPHQWGH
GLUHFWLRQVXUXQWHUUDLQHQSHQWH
ವ )DLUHDWWHQWLRQDX[REMHWVRXWURXVFDFK«VGDQVOD
SHORXVH8QWHUUDLQDFFLGHQW«SHXWYRXVIDLUH
WRPEHU
ವ 1HSDVFRXSHU¢SUR[LPLW«GಬXQHSHQWHUDLGHGಬXQH
UXSWXUHGHSHQWHGಬXQIRVV«RXGಬXQUHPEODL&HOD
SRXUUDLWYRXVIDLUHWRPEHU
ವ 1HSDVFRXSHUGHOಬKHUEHPRXLOO«H&HODSRXUUDLW
YRXVIDLUHWRPEHU
ವ 1HSDVFRXSHUGDQVGHVSHQWHVGRQWOಬLQFOLQDLVRQHVW
VXS«ULHXUH¢GHJU«V
TXLSHPHQWGHSURWHFWLRQ
SHUVRQQHOOH
7RXMRXUVVಬ«TXLSHUGಬXQ«TXLSHPHQWGHSURWHFWLRQ
SHUVRQQHOOHDSSURSUL«ORUVGHOಬXWLOLVDWLRQGHOಬRXWLO&HOD
FRPSUHQG¢WRXWOHPRLQVGHVVRXOLHUVU«VLVWDQWVGHV
OXQHWWHVGHV«FXULW«HWXQSURWHFWHXUDXULFXODLUH&HW
«TXLSHPHQWGHSURWHFWLRQSHUVRQQHOOHQಬ«OLPLQHSDVOHV
ULVTXHVGHEOHVVXUHVPDLVSHXWU«GXLUHODJUDYLW«HQFDV
GಬDFFLGHQW
 
&RQWHQLGR
,1752'8&&,1
6(*85,'$' 
$50$'2 
23(5$&,1 
0$17(1,0,(172
75$163257(<$/0$&(1$0,(172 
'$7267&1,&26

,1752'8&&,1
0DQXDOGHOXVXDULR
(OLGLRPDRULJLQDOGHHVWHPDQXDOGHXVXDULRHVHO
LQJO«V/RVPDQXDOHVGHXVXDULRHQRWURVLGLRPDVVRQ
WUDGXFFLRQHVGHOLQJO«V
 
'HVFULSFLµQJHQHUDO
1
2
3
9
12
14
4
5
7
10
11
8
13
6
 3DODQFDGHIUHQRGHOPRWRU
 (PSX³DGXUDGHODFXHUGDGHDUUDQTXH
 5HFRJHGRUGHF«VSHG
 7DSDGHOGHSµVLWRGHFRPEXVWLEOH
 )LOWURGHDLUH
 %XM¯D
 6LOHQFLDGRU
 3XHUWRGHODYDGR
 'HIOHFWRUWUDVHUR
 7DSµQGHDFHLWHGHOPRWRUFRQYDULOODGHQLYHO
 &RQWUROGHDOWXUDGHFRUWH
 &RQHFWRUGHOPDQWLOOR
 3DUDFKRTXHVIURQWDO
 0DQXDOGHOXVXDULR
6¯PERORVHQHOSURGXFWR
$GYHUWHQFLD
/HDHVWHPDQXDO
 
ವ /HSURGXLWFRPSUHQGXQDFFHVVRLUHTXLQಬHVWSDV
IRXUQLRXKRPRORJX«SDUOHIDEULFDQW
ವ /HSURGXLWQಬHVWSDVU«SDU«SDUXQFHQWUHGHVHUYLFH
DSUªVYHQWHDJU««RXSDUXQHDXWRULW«KRPRORJX«H
6&85,7
'«ILQLWLRQVUHODWLYHV¢ODV«FXULW«
/HVG«ILQLWLRQVFLGHVVRXVLQGLTXHQWOHQLYHDXGHJUDYLW«
SRXUFKDTXHPRWVLJQDO
$9(57,66(0(17%OHVVXUHVDX[
SHUVRQQHV
0,6((1*$5'('RPPDJHVFDXV«V¢
ORXWLO
5HPDUTXH&HWWHLQIRUPDWLRQIDFLOLWHOಬXWLOLVDWLRQGH
ORXWLO
&RQVLJQHVJ«Q«UDOHVGHV«FXULW«
$9(57,66(0(17/LUHOHVPHVVDJHV
GಬDYHUWLVVHPHQWTXLVXLYHQWDYDQWGಬXWLOLVHU
OಬRXWLO
ವ 8WLOLVHUOಬRXWLOFRUUHFWHPHQW'HVEOHVVXUHVJUDYHVRX
PRUWHOOHVSHXYHQWU«VXOWHUGಬXQHXWLOLVDWLRQQRQ
DG«TXDWH8WLOLVHUOಬRXWLOVHXOHPHQWSRXUOHVW¤FKHV
G«FULWHVGDQVOHSU«VHQWPDQXHO1HSDVXWLOLVHUFHW
RXWLOSRXUGಬDXWUHVW¤FKHV
ವ 6XLYUHOHVLQVWUXFWLRQVGHFHPDQXHO5HVSHFWHUOHV
V\PEROHVHWOHVLQVWUXFWLRQVGHV«FXULW«6L
OಬRS«UDWHXUQHUHVSHFWHSDVOHVLQVWUXFWLRQVHWOHV
V\PEROHVLOSRXUUDLWHQU«VXOWHUGHVEOHVVXUHVGHV
GRPPDJHVRXODPRUW
ವ 1HSDVMHWHUFHPDQXHO8WLOLVHUOHVLQVWUXFWLRQVSRXU
DVVHPEOHUOಬRXWLOOHIDLUHIRQFWLRQQHUHWOHFRQVHUYHU
HQERQ«WDW6XLYUHOHVLQVWUXFWLRQVSRXUOಬLQVWDOODWLRQ
FRUUHFWHGHV«TXLSHPHQWVHWDFFHVVRLUHV8WLOLVHU
XQLTXHPHQWGHVSLªFHVHWDFFHVVRLUHVKRPRORJX«V
ವ 1HSDVXWLOLVHUOಬRXWLOVಬLOHVWHQGRPPDJ«5HVSHFWHU
OHFDOHQGULHUGಬHQWUHWLHQ1ಬHIIHFWXHUTXHOHVWUDYDX[
GಬHQWUHWLHQSUHVFULWVGDQVFHPDQXHO8QFHQWUH
DJU««GRLWHIIHFWXHUWRXVOHVDXWUHVWUDYDX[
GಬHQWUHWLHQ
ವ &HPDQXHOQHG«FULWSDVWRXWHVOHVVLWXDWLRQVTXL
SHXYHQWVHSURGXLUHORUVTXಬRQXWLOLVHOಬRXWLO5HVWHU
SUXGHQWHWIDLUHSUHXYHGHERQVHQV1HSDVIDLUH
IRQFWLRQQHUOಬRXWLOQLHIIHFWXHUXQHQWUHWLHQVXUOಬRXWLO
VLYRXVQಬ¬WHVSDVV½UGHODVLWXDWLRQ3RXUREWHQLU
SOXVGಬLQIRUPDWLRQVಬDGUHVVHU¢XQVS«FLDOLVWHGH
OಬRXWLO¢YRWUHUHYHQGHXU¢XQDWHOLHUGHU«SDUDWLRQ
RX¢XQFHQWUHGHVHUYLFHDSUªVYHQWHDJU««
ವ '«EUDQFKHUOHF¤EOHGಬDOOXPDJHDYDQWGಬLQVWDOOHUGH
VWRFNHURXGHSURF«GHU¢OಬHQWUHWLHQGHOಬRXWLO
ವ 1HSDVXWLOLVHUOಬRXWLOVLGHVPRGLILFDWLRQVFRQWUDLUHV¢
VHVFDUDFW«ULVWLTXHVLQLWLDOHV\RQW«W«DSSRUW«HV1H
SDVPRGLILHUXQHSDUWLHGHOಬRXWLOVDQVOಬDSSUREDWLRQ
GXIDEULFDQW8WLOLVHUVHXOHPHQWGHVSLªFHV
DSSURXY«HVSDUOHIDEULFDQW'HVEOHVVXUHVJUDYHV
RXPRUWHOOHVSHXYHQWU«VXOWHUGಬXQHQWUHWLHQQRQ
DG«TXDW
ವ 1HSDVUHVSLUHUOHVYDSHXUVGXPRWHXU/ಬLQKDODWLRQ¢
ORQJWHUPHGHVSURGXLWVGಬ«FKDSSHPHQWGXPRWHXU
UHSU«VHQWHXQGDQJHUSRXUODVDQW«
ವ 1HSDVG«PDUUHUOಬRXWLOGDQVXQORFDOFORVRX¢
SUR[LPLW«GHPDW«ULDX[LQIODPPDEOHV/HVJD]
Gಬ«FKDSSHPHQWVRQWWUªVFKDXGVHWSHXYHQWFRQWHQLU
GHV«WLQFHOOHVTXLSHXYHQWFDXVHUXQLQFHQGLH8Q
G«ELWGಬDLULQVXIILVDQWSHXWHQWUD°QHUGHVEOHVVXUHVRX
ODPRUWHQUDLVRQGಬXQHDVSK\[LHRXGXPRQR[\GHGH
FDUERQH
ವ /RUVGHOಬXWLOLVDWLRQGHFHSURGXLWOHPRWHXUJ«QªUH
XQFKDPS«OHFWURPDJQ«WLTXH/HFKDPS
«OHFWURPDJQ«WLTXHSHXWHQGRPPDJHUOHVLPSODQWV
P«GLFDX[3DUOHU¢YRWUHP«GHFLQHWDXIDEULFDQWGH
OಬLPSODQWDYDQWGಬXWLOLVHUOಬRXWLO
ವ 1HSDVODLVVHUXQHQIDQWXWLOLVHUOಬRXWLO1HODLVVHU
SHUVRQQHXWLOLVHUODPDFKLQHVDQVFRQQD°WUHOHV
LQVWUXFWLRQV
ವ 6ಬDVVXUHUGHWRXMRXUVVXUYHLOOHUOHVSHUVRQQHVDYHF
GHVFDSDFLW«VSK\VLTXHVRXPHQWDOHVU«GXLWHVTXL
XWLOLVHQWOHSURGXLW8QDGXOWHUHVSRQVDEOHGRLW¬WUH
SU«VHQW¢WRXWPRPHQW
ವ (QIHUPHUOHSURGXLWGDQVXQHQGURLWYHUURXLOO«DXTXHO
OHVHQIDQWVHWOHVSHUVRQQHVQRQDXWRULV«HVQH
SHXYHQWSDVDFF«GHU
ವ /HSURGXLWSHXWSURMHWHUGHVREMHWVHWFDXVHUGHV
EOHVVXUHV5HVSHFWHUOHVFRQVLJQHVGHV«FXULW«DILQ
GHU«GXLUHOHULVTXHGHEOHVVXUHVJUDYHVRX
PRUWHOOHV
ವ 1HSDVVಬ«ORLJQHUGHOಬRXWLOORUVTXHOHPRWHXUHVW
VRXVWHQVLRQ
ವ 7RXWDFFLGHQWDYHFFHWRXWLOHQJDJHODUHVSRQVDELOLW«
GHOಬRS«UDWHXU
ವ $YDQWGಬXWLOLVHUOಬRXWLOY«ULILHUTXHOHVSLªFHVQHVRQW
SDVHQGRPPDJ«HV
ವ 6ಬDVVXUHUGಬ¬WUH¢DXPRLQVPSLGಬDXWUHV
SHUVRQQHVRXGಬDQLPDX[DYDQWGಬXWLOLVHUOHSURGXLW
6ಬDVVXUHUTXHWRXWHVOHVSHUVRQQHVGDQVOHV
HQYLURQVLPP«GLDWVVRQWLQIRUP«VTXHYRXVDOOH]
XWLOLVHUOHSURGXLW
ವ &RQVXOWHUOHVORLVQDWLRQDOHVRXORFDOHV(OOHV
SHXYHQWLQWHUGLUHRXOLPLWHUOಬXWLOLVDWLRQGHOಬRXWLOGDQV
FHUWDLQHVFRQGLWLRQV
ವ 1HSDVXWLOLVHUOHSURGXLWHQFDVGHIDWLJXHRXVRXV
OಬHPSULVHGHOಬDOFRROGHGURJXHVRXGH
P«GLFDPHQWV,OVSHXYHQWDYRLUGHVHIIHWV
 
3RUWHUXQGLVSRVLWLIGHSURWHFWLRQKRPRORJX«
SRXUOHVRUHLOOHV
1HSDVMHWHUOHPDQXHO
*DUGHUOHVPDLQVHWOHVSLHGV¢Oಬ«FDUWGHV
ODPHVHQURWDWLRQ
*DUGHUOHVPDLQVHWOHVSLHGV¢Oಬ«FDUWGHV
ODPHVHQURWDWLRQ1HSDVRXYULURXUHWLUHU
OHVSURWHFWLRQVORUVTXHOHPRWHXUWRXUQH
$YDQWGHUHFXOHUUHJDUGHUGHUULªUHHWYHUVOH
EDVSRXUY«ULILHUODSU«VHQFH«YHQWXHOOHGH
SHWLWVHQIDQWVGಬDQLPDX[RXDXWUHVULVTXHV
GHFKXWH
*DUGHUOHVPDLQVHWOHVSLHGV¢Oಬ«FDUWGHV
ODPHVHQURWDWLRQ
'HVREMHWVSHXYHQW¬WUHSURMHW«VSDUOD
ODPH
*DUGHUOHVSHUVRQQHVHWOHVDQLPDX[¢XQH
GLVWDQFHV«FXULWDLUHGHOಬDLUHGHWUDYDLO
5LVTXHVOL«VDX[WUDYDX[VXUOHVSHQWHV
5LVTXHGಬLQFHQGLH
/HVJD]Gಬ«FKDSSHPHQWGXPRWHXU
FRQWLHQQHQWGXPRQR[\GHGHFDUERQHXQ
JD]LQRGRUHWR[LTXHHWWUªVGDQJHUHX[1H
SDVG«PDUUHUOHPRWHXU¢OಬLQW«ULHXURXGDQV
GHVHVSDFHVIHUP«V
5LVTXHVGಬ«OHFWURFXWLRQ
6XUIDFHFKDXGH
$UU¬WHUWRXMRXUVOHPRWHXUDYDQWGHIDLUHOH
SOHLQ
+XLOH
&DUEXUDQW
$UU¬WGXPRWHXU
0RWHXUHQPDUFKH
9ROHWGHG«SDUW
5DSLGH
/HQW
/HVJD]Gಬ«FKDSSHPHQWVRQWWUªVFKDXGVHW
SHXYHQWFRQWHQLUGHV«WLQFHOOHVTXLSHXYHQW
FDXVHUXQLQFHQGLH
/HSURGXLWRXOಬHPEDOODJHQHSHXWSDV¬WUH
WUDLW«FRPPHXQG«FKHWGRPHVWLTXH/H
SURGXLWHWOಬHPEDOODJHGRLYHQW¬WUHG«SRV«V
GDQVXQFHQWUHGHUHF\FODJHSRXUOD
U«FXS«UDWLRQGHV«TXLSHPHQWV«OHFWULTXHVHW
«OHFWURQLTXHV
5HVSRQVDELOLW«FRQFHUQDQWOH
SURGXLW
&RPPHLQGLTX«GDQVOHVORLVHQYLJXHXUVXUOD
UHVSRQVDELOLW«FRQFHUQDQWOHVSURGXLWVQRXVQHVHURQV
SDVWHQXVUHVSRQVDEOHVGHVGRPPDJHVTXHQRWUH
SURGXLWFDXVHUDLWGDQVOHVVLWXDWLRQVVXLYDQWHV
ವ /HSURGXLWQಬHVWSDVU«SDU«GHID©RQDG«TXDWH
ವ /HSURGXLWHVWU«SDU«DYHFGHVSLªFHVTXLQHVRQW
SDVIRXUQLHVRXKRPRORJX«HVSDUOHIDEULFDQW
 
8WLOLFHSURWHFFLµQDXULFXODUDSUREDGD
1RGHVHFKHHOPDQXDO
0DQWHQJDODVPDQRV\ORVSLHVDOHMDGRVGH
ODVFXFKLOODVJLUDWRULDV
0DQWHQJDODVPDQRV\ORVSLHVDOHMDGRVGH
ODVFXFKLOODVJLUDWRULDV1RDEUDQLUHWLUHODV
SURWHFFLRQHVPLHQWUDVHOPRWRUHVW«HQ
PDUFKD
$QWHV\PLHQWUDVFDPLQDKDFLDDWU£VPLUH
KDFLDDWU£V\KDFLDDEDMRHQEXVFDGHQL³RV
SHTXH³RVDQLPDOHVXRWURVULHVJRVTXH
SXHGHQKDFHUTXHODFD¯GD
0DQWHQJDODVPDQRV\ORVSLHVDOHMDGRVGH
ODVFXFKLOODVJLUDWRULDV
(VSRVLEOHTXHODFXFKLOODDUURMHREMHWRV
0DQWHQJDDODVSHUVRQDV\DQLPDOHVDXQD
GLVWDQFLDGHVHJXULGDGGHO£UHDGHWUDEDMR
3HQGLHQWHSDUDODVDOXG
5LHVJRGHLQFHQGLR
/RVJDVHVGHHVFDSHGHOPRWRUFRQWLHQHQ
PRQµ[LGRGHFDUERQRXQJDVLQRGRUR
Wµ[LFR\PX\SHOLJURVR1RDUUDQTXHHO
PRWRUHQLQWHULRUHVRHQHVSDFLRVFHUUDGRV
6DFXGLGDHO«FWULFD
6XSHUILFLHFDOLHQWH
6LHPSUHGHWHQJDHOPRWRUDQWHVGHOOHQDUHO
FRPEXVWLEOH
$FHLWH
&RPEXVWLEOH
0RWRUDSDJDGR
0RWRUHQPDUFKD
(VWUDQJXODGRU
5£SLGR
/HQWR
/RVJDVHVGHHVFDSHHVW£QPX\FDOLHQWHV\
SXHGHQFUHDULQFHQGLRVGHELGRDODFUHDFLµQ
GHFKLVSDV
(OSURGXFWRRHQYDVHQRVHSXHGHWUDWDU
FRPRUHVLGXRGRP«VWLFR(OSURGXFWRR
HQYDVHVHGHEHU£HQYLDUDXQDHVWDFLµQGH
UHFLFODMHDSURSLDGDSDUDODUHFXSHUDFLµQGHO
HTXLSRHO«FWULFR\HOHFWUµQLFR
5HVSRQVDELOLGDGGHOIDEULFDQWH
&RPRVHPHQFLRQDHQODVOH\HVGHUHVSRQVDELOLGDGGHO
IDEULFDQWHQRQRVKDFHPRVUHVSRQVDEOHVGHORVGD³RV
TXHFDXVHQXHVWURSURGXFWRVL
ವ HOSURGXFWRVHUHSDUDLQFRUUHFWDPHQWH
ವ HOSURGXFWRVHUHSDUDFRQSLH]DVTXHQRVRQGHO
IDEULFDQWHRTXHHVWHQRDXWRUL]D
ವ HOSURGXFWRWLHQHXQDFFHVRULRTXHQRHVGHO
IDEULFDQWHRTXHHVWHQRDXWRUL]D
ವ HOSURGXFWRQRVHUHSDUDHQXQFHQWURGHVHUYLFLR
DXWRUL]DGRRSRUXQDDXWRULGDGDSUREDGD
 

Other Husqvarna Lawn Mower manuals

Husqvarna 2348 LS User manual

Husqvarna

Husqvarna 2348 LS User manual

Husqvarna AUTOMOWER 520 User manual

Husqvarna

Husqvarna AUTOMOWER 520 User manual

Husqvarna YTH1542XPT User manual

Husqvarna

Husqvarna YTH1542XPT User manual

Husqvarna 540 User manual

Husqvarna

Husqvarna 540 User manual

Husqvarna LTH1538 User manual

Husqvarna

Husqvarna LTH1538 User manual

Husqvarna YTH1942 User manual

Husqvarna

Husqvarna YTH1942 User manual

Husqvarna TS 142X User manual

Husqvarna

Husqvarna TS 142X User manual

Husqvarna 917.376971 HU600F User manual

Husqvarna

Husqvarna 917.376971 HU600F User manual

Husqvarna M53-150WFP User manual

Husqvarna

Husqvarna M53-150WFP User manual

Husqvarna 967336703-00 User manual

Husqvarna

Husqvarna 967336703-00 User manual

Husqvarna LT125 User manual

Husqvarna

Husqvarna LT125 User manual

Husqvarna 917.379132 HU600L User manual

Husqvarna

Husqvarna 917.379132 HU600L User manual

Husqvarna RZ 016 User manual

Husqvarna

Husqvarna RZ 016 User manual

Husqvarna LB553S e User manual

Husqvarna

Husqvarna LB553S e User manual

Husqvarna LT130 2001 User manual

Husqvarna

Husqvarna LT130 2001 User manual

Husqvarna YTH25K54 Owner's manual

Husqvarna

Husqvarna YTH25K54 Owner's manual

Husqvarna AUTOMOWER 310 User manual

Husqvarna

Husqvarna AUTOMOWER 310 User manual

Husqvarna LTH174 User manual

Husqvarna

Husqvarna LTH174 User manual

Husqvarna 917.384516 User manual

Husqvarna

Husqvarna 917.384516 User manual

Husqvarna R 214T User manual

Husqvarna

Husqvarna R 214T User manual

Husqvarna 917.287581 User manual

Husqvarna

Husqvarna 917.287581 User manual

Husqvarna GTH264T User manual

Husqvarna

Husqvarna GTH264T User manual

Husqvarna YTH22V42LS User manual

Husqvarna

Husqvarna YTH22V42LS User manual

Husqvarna R 153 S Specification sheet

Husqvarna

Husqvarna R 153 S Specification sheet

Popular Lawn Mower manuals by other brands

MTD Series 770 Operator's manual

MTD

MTD Series 770 Operator's manual

Toro 30555 Operator's manual

Toro

Toro 30555 Operator's manual

Toro 72542TE Operator's manual

Toro

Toro 72542TE Operator's manual

Toro TimeCutter SW series Setup instructions

Toro

Toro TimeCutter SW series Setup instructions

Baroness LM2700 Owner's operating manual

Baroness

Baroness LM2700 Owner's operating manual

Simplicity 885 owner's manual

Simplicity

Simplicity 885 owner's manual

MTD 121-838E000 owner's guide

MTD

MTD 121-838E000 owner's guide

MTD 967K Series Operator's manual

MTD

MTD 967K Series Operator's manual

MTD 118-500A owner's manual

MTD

MTD 118-500A owner's manual

Craftsman EZ3 917.270650 owner's manual

Craftsman

Craftsman EZ3 917.270650 owner's manual

Craftsman EZ 917.273014 owner's manual

Craftsman

Craftsman EZ 917.273014 owner's manual

Craftsman 917.380520 owner's manual

Craftsman

Craftsman 917.380520 owner's manual

Brill 380 ASM manual

Brill

Brill 380 ASM manual

Pottinger NOVADISC 400 Operator's manual

Pottinger

Pottinger NOVADISC 400 Operator's manual

Simplicity Cobalt 5101602 parts manual

Simplicity

Simplicity Cobalt 5101602 parts manual

Power Fist 8925521 user manual

Power Fist

Power Fist 8925521 user manual

Bestgreen BM135B107K instruction manual

Bestgreen

Bestgreen BM135B107K instruction manual

Powersmart DB8617P instruction manual

Powersmart

Powersmart DB8617P instruction manual

manuals.online logo
manuals.online logoBrands
  • About & Mission
  • Contact us
  • Privacy Policy
  • Terms and Conditions

Copyright 2025 Manuals.Online. All Rights Reserved.