$9(57,66(0(17
&HSLFWRJUDPPHYLVHjYRXVDYHUWLUGHVLWXDWLRQV
GDQJHUHXVHVVXVFHSWLEOHVGHFDXVHUGHV
EOHVVXUHVJUDYHVGHVEU
OXUHVXQLQFHQGLHRX
GHVFKRFVpOHFWULTXHV
$9(57,66(0(17
3RXUUHGXLUHOHVULVTXHVG¶LQFHQGLHGHFKRF
HOHFWULTXHRXGHEOHVVXUHVHQXWLOLVDQWYRWUH
ODYHYDLVVHOOHVXLYH]OHVSUHFDXWLRQVTXL
V¶LPSRVHQWLQFOXDQWFHOOHVTXLVXLYHQW
&216(59(5&(6,16758&7,216
0(685(6'(6e&85,7e,03257$17(6
$9(57,66(0(17
/RUVTXHYRXVXWLOLVH]YRWUHODYHYDLVVHOOHVXLYUH
OHVSUpFDXWLRQVGHEDVH\FRPSULVFHTXLVXLW
FRPSOqWHPHQWYLGHDYDQWGHPHWWUHHQPDUFKH
OHODYHYDLVVHOOH
'pEUDQFKH]O¶DOLPHQWDWLRQpOHFWULTXHDXODYH
YDLVVHOOHDYDQWG¶HQWUHSUHQGUHWRXWWUDYDLO
G¶HQWUHWLHQRXGHUpSDUDWLRQ
3RXUUDQJHUOHVDUWLFOHVGDQVOHODYHYDLVVHOOH
5DQJHUOHVFRXWHDX[HWDUWLFOHVSRLQWXV
SRXUTX¶LOVQHULVTXHQWSDVG¶HQGRPPDJHU
OHMRLQWGHODSRUWHRXODFXYH
3ODFHUOHVFRXWHDX[HWDUWLFOHVSRLQWXV
PDQFKHVYHUVOHKDXWSRXUUpGXLUHOH
ULVTXHGHFRXSXUHV
'DQVFHUWDLQVFRQGLWLRQVLOHVWSRVVLEOHTX¶LO
VHSURGXLVHXQHIRUPDWLRQG¶K\GURJqQHGDQV
ODFDQDOLVDWLRQG¶HDXFKDXGHLQXWLOLVpHGHSXLV
VHPDLQHVRXSOXV/¶+<'52*Ê1((6781
*$=(;3/26,)6LODFDQDOLVDWLRQG¶HDXFKDXGH
Q¶DSDVpWpXWLOLVpHSHQGDQWXQWHOODSVGH
WHPSVRXYUH]WRXVOHVURELQHWVG¶HDXFKDXGH
HWODLVVH]OFRXOHUO¶HDXSHQGDQWSOXVLHXUV
PLQXWHVDYDQWG¶XWLOLVHUOHODYHYDLVVHOOH&HFL
SHUPHWWUDG¶pYDFXHUWRXWK\GURJqQHDFFXPXOp
/¶+<'52*Ê1((6781*$=,1)/$00$%/(
1HIXPH]RXQ¶DOOXPH]DXFXQHÀDPPHGDQV
XQHWHOOHVLWXDWLRQ
/HVUpSDUDWLRQVGRLYHQWrWUHIDLWHVSDUXQ
WHFKLFLHQTXDOL¿p
1HWRXFKH]SDVO¶pOpPHQWFKDXIIDQWSHQGDQW
RXLPPpGLDWHPHQWDSUqVO¶XWLOLVDWLRQ
1¶HQWUHSRVH]HWQ¶XWLOLVH]SDVG¶HVVHQFHV
HWFRPEXVWLEOHVRXG¶DXWUHVSURGXLWV
LQÀDPPDEOHVjSUR[LPLWpGHFHWDSSDUHLORXGH
WRXWDXWUHDSSDUHLOpOHFWURPpQDJHU
/LVH]WRXWHVOHVLQVWUXFWLRQVDYDQWGHIDLUH
IRQFWLRQQHUYRWUHODYHYDLVVHOOH
1¶XWLOLVH]YRWUHODYHYDLVVHOOHTXHVHORQOHV
LQVWUXFWLRQVLQFOXVHVGDQVFHJXLGHG¶HQWUHWLHQ
HWG¶XWLOLVDWLRQ
/HVLQVWUXFWLRQVFRQWHQXHVGDQVOHSUpVHQW
JXLGHG¶HQWUHWLHQHWG¶XWLOLVDWLRQQHYLVHQWSDV
jFRXYULUWRXWHVOHVVLWXDWLRQVTXLSRXUUDLHQWVH
SUpVHQWHU)DLWHVSUHXYHGHVHQVSUDWLTXHHW
SUHQH]OHVSUpFDXWLRQVTXLV¶LPSRVHQWORUVGH
O¶LQVWDOODWLRQO¶XWLOLVDWLRQHWO¶HQWUHWLHQGHWRXW
DSSDUHLOpOHFWURPpQDJHU
/(&,5&8,7e/(&75,48('(&(/$9(
9$,66(//('2,7
Ç75(0,6¬/$7(55(/LVH]
OHVLQVWUXFWLRQVG¶LQVWDOODWLRQSRXUGHSOXV
DPSOHVLQIRUPDWLRQV
&HODYHYDLVVHOOHHVWFRQoXSRXUIRQFWLRQQHU
DYHFXQFRXUDQWUpVLGHQWLHOQRUPDOYROWV
KHUW]8WLOLVH]XQFLUFXLWpTXLSpG¶XQ
IXVLEOHRXXQGLVMRQFWHXUGHDPSqUHV
8WLOLVH]XQIXVLEOHGHDPSqUHVVLOHODYH
YDLVVHOOHHVWFRQQHFWpDYHFXQEUR\HXUj
GpFKHWV
1HIDLWHVSDVIRQWLRQQHUOHODYHYDLVVHOOHVL
WRXVOHVSDQQHDX[GHFDUURVVHULHQHVRQWSDV
FRUUHFWHPHQWHQSODFH
3RXUpYLWHUTX¶XQHSHUVRQQHSXLVVH
V¶HQIHUPHUjO¶LQWpULHXUGHO¶DSSDUHLOHWRX\
VXIIRTXHUUHWLUH]ODSRUWHRXOHPpFDQLVPH
GHYHUURXLOODJHGHSRUWHGHWRXWODYHYDLVVHOOH
LQXWLOLVpRXPLVDX[UHEXWV
7HQH]YRVEpEpVHWHQIDQWVORLQGXODYH
YDLVVHOOHHQIRQFWLRQQHPHQW
1HODLVVH]SDVYRVHQIDQWVIDLUHXQHXWLOLVDWLRQ
DEXVLYHV¶DVVHRLUJULPSHURXMRXHUVXUOD
SRUWHRXOHVSDQLHUVGXODYHYDLVVHOOH
8WLOLVH]VHXOHPHQWOHVGpWHUVLIVHWDJHQWVGH
ULQoDJHUHFRPPDQGpVSRXUODYHYDLVVHOOH
3ODFH]OHVGpWHUVLIVHWDJHQWVGHULQoDJHKRUV
GHODSRUWpHGHVHQIDQWV
3RXUUpGXLUHOHULVTXHGHEOHVVXUHQHSDV
ODLVVHUOHVHQIDQWVMRXHUGDQVRXVXUOHODYH
YDLVVHOOH
1HODYH]SDVOHVDUWLFOHVHQSODVWLTXHjPRLQV
G¶LQGLFDWLRQFRQWUDLUHVXUOHVpWLTXHWWDV6¶LOQ
\jDXFXQHLQGLFDWLRQjFHWHIIHWYpUL¿H]DYHF
OHIDEULFDQW/HVDUWLFOHVQRQUHFRPPDQGpV
SRXUrWUHODYpVDXODYHYDLVVHOOHULVTXHQWGH
IRQGUHHWGHFUpHUXQUHLVTXHG¶LQFHQGLH
3RXUYRWUHVpFXULWp
6LOHODYHYDLVVHOOHYLGDQJHGDQVXQEUR\HXUj
GpFKHWVDVVXUH]YRXVTXHFHGHUQLHUHVW
1HPRGL¿H]SDVOHVFRPPDQGHV