I,+$)! c'><=)0<! 51.)! *'&,! -/;*)&.! J+'*6! #218,! 0);9.! #>)+5W.)5! 71+0A:,! 2,=:,+0/h! ='$,7)0A:,!
89:2'+0W!0'!'/.,5'd=,8'0A5!=#2'(,810<H!8O).0W!#2,k$,810<H!&.)2A!51!#2,!E1-!#2180<!JO%0&C!0);,!-)!
E1-!,;+,;095!=#6-,;)5!89=0'50W!+,.9&1!LO$?!PPN?!c'><=)0<!-%()!-.'0,8<!0W&,$%&!89*%5)&!#2,!#><#'+CH!
&+C!*)!5,70A!.'&,8A!'/.,5'd=,8'0A!2,=:,+,810<!#2,81+W.H!5C!-)!,8B)5!-0'7<5)!.'&,8A!=#2'(,810<!
0)#2,81+W.?!!
c)515)!8!J5C-$/!#2,81+W.!71+0A!'/.,5'd=,8'0A!2,=:,+,810<H!&.)2A!;C!#2,!E1-!5W$,!#2180<!JO%0&C!
O%!-)!E1-!,;+,;0W!89=0'50W!+,.9&'$,!8)!-5C-$/!O$?!PP!c'><=)0<?!I,&/+!;C!E15!;C$'!0'#>?!,+5<.0/.'!
5,70,-.! 2)i%-.2'()!+,!0'B<!-$/7;C!=! +68,+/!'/.,5'd(&A! &,0.2,$C!0'#>?! +/#$%(%.0<! )q5'%$,8A!'+2)-CH!
87+C!-)!567).)!,;21d.!0'!'+5%0%-.21.,2'!"#$%&'(%!O%!0'!01-!,;)(0W!-)!71+,-h!,!+)k0%d80<!2,=:,+0/hH!
&.)2A!;/+)!87+C!='$,7)0,!0'!#,-,/=)0<!&,0&2A.0<5!='5W-.0'0()5!O%!015%!#,8W>)0,/!,-,;,/?!
D'@<&,=1&3+$)0&%G$
])+0,/! =! 0'B%(:! #,8%00,-h! *'&,! -#218()! ,-,;0<(:! J+'*6! *)! =#2'(,818'.! #>)-0A! J+'*)H! #><#'+0W!
-! ,:$)+)5! 0'! ,&,$0,-d! +,#$0%.! 0)J#$0A! J+'*)?! I,&/+! 015! #,-&C.0).)! %0Z,25'(%! ,! =5W0W! E'B%(:!
J+'*6H!#,567).)!015!./.,! #,8%00,-.!>1+0W!#$0%.?!I,&/+!#2,.,!+,*+)!&)! =5W0W! E15%! #,-&C.0/.9(:!
J+'*6H!+,8,$/*)5)!-%!#,71+'.!,!='-$10<!%0Z,25'()!,!.'&,8A!=5W0W!#><#'+0W!,!#2,8)+)0<!*)*%(:!=5W0C!
8!2,=:2'0<!"#$%&'()?!
Rizika a 0#2#"<*+8( postupy
a'7+A!=#2'(,810<!,-,;0<(:!J+'*6!-!-);,/!0)-)!/2O%.1!2%=%&'?!t'!5,:,/!;9.!26=01!-!,:$)+)5!0'!2,=-':!
=#2'(,818'09(:!J+'*6!'!=#6-,;!*)*%(:!=#2'(,810<?!c<7)!/81+<5)!0W&.)2A!+,#,2/O)0A!#,-./#CH!&.)2A!
E15!5,:,/!#,5,(%!,(:210%.!E'B)!+'.'g!
•I,&/+! E1-! 0W&.)29! =! 0'B%(:! &,$)i6! 71+1! ,! #,-&C.0/h! J+'*6H! 0);,*.)! -)! =)#.'.H! =+'! *)! .,!
#,.>);0A!'!=+'!0)$=)!+,-1:0,/.!(<$)!=#2'(,810<!%!;)=!.W(:.,!J+'*6?!!
•3-,;C!5$'+B<!Re!$).!*-,/!=8$1Bo!=2'0%.)$0A?!I,&/+!-)!;/+)!#>)+1810<!J+'*6!.9&'.!.W(:.,!,-,;H!
*)!0/.0A!,;=8$1B.W!#)O$%8W!=817%.!8B)(:0C!,&,$0,-d?!`12,8)f!*)!0/.0A!=817%.H!=+'!&!#,-&C.0/h!
.'&,89(:! J+'*6! 0)0<! .>);'! -,/:$'-! .W(:.,! ,-,;! O%! *)*%(:! =1&,009(:! =1-./#(6! L0'#>?! 2,+%O6N?!
I,&/+!*-.)!,-,;,/!5$'+B<!Re!$).H!8!#><#'+WH!&+C!51.)!#,(:C;0,-d!,!.,5H!=+'!*-.)!-(:,#0<!-)!
-#2180W! 2,=:,+0,/.H! #2,+%-&/./*.)! ()$,/! =1$)7%.,-.! -)! -895! 2,+%O)5! LO%! *%095! =1&,0095!
=1-./#()5N! O%! 01-! =8$1Bo! &,0.'&./*.)?! M#,=,2f/*)5)H! 7)! "#$%&'()! 0)0<! /2O)0'! ,-,;15!
5$'+B<5!Rb!$).?!
•I,&/+!-)!;/+).)!#>%:$'B,8'.!+,!0'B%(:!-C-.A56!#2,-.>)+0%(.8<5!:)-$'H!#,/7%*.)!87+C!/0%&1.0<!
-%$0A!:)-$,H!&.)2A!0);/+).)!8C/7<8'.!#2,!*%01!='><=)0<!'!#><-./#C?!E'B)!:)-$,!0%&,5/!0)-+W$/*.)!
O%!0)=#><-./#f/*.)H!'0%!0'B%5!='5W-.0'0(65?!4+W$)0<!E'B):,!:)-$'!#,!E1-!0%&+C!0);/+)5)!
8C7'+,8'.H! +)*.)! -%! #2,.,! #,=,2! =)*5A0'! 0'! 26=0A! )q5'%$,8A! 89=8C! &)! -+W$)0<! :)-)$H! ;Co! ;C!
;C$C! #,+)#-10C! *5A0)5! 4D"EF"?! ])+01! -)! #2'8+W#,+,;0W! ,! #,+82:C! ='! JO)$)5! 8C$1&10<! '!
01-$)+0A:,!=0)/7%h!:)-$'?!
•I,&/+!;/+).)!5<.!#,(%.H!7)!=)!-.2'0C!0'B<!-#,$)O0,-d!0)*-,/!#$0W0C!8)B&)2A!#,8%00,-dH!+,B$,!
&! 0),#2180W0A5/! J0%&/! +'.! 0);,! 7)! -)! 0W&+,! 8C+181! 0),#2180W0W! ='! 0'B):,!
-#,$/#2'(,80<&'H! -+W$.)! 015! .,! #2,-<5! (,! 0)*+><8)?! a,0.'&.C! 0'! 0'B%! -#,$)O0,-.! 0'$)=0).)!
0<7)?!!
•40'7<5)!-)!87+C!/+27,8'.!.'.,!#,/O)0<!'&./1$0<?!I2,.,!O'-!,+!O'-/!;/+)5)!#2,81+W.!J#2'8C!
.W(:.,!#2'8%+)$?!M!#,+-.'.0W*B<(:!J#2'8!E1-!;/+)5)!%0Z,25,8'.!=8$1BoH!#>)-.,!0)0<!0'!B&,+/!
-%!O'-!,+!O'-/!=0,8/!.'.,!#2'8%+$'!#2,O<-.?!
•M+27/*.)!-8A!J+'*)!8!2,=:2'0<!"#$%&'()!'&./1$0<?!!