investors. In the case that the Board of Directors of the Company deems that there is an appropriate cause by taking into 3 account of the best interests of the Company, the Board of Directors may determine
best interests of the Company, the Board of Directors may determine the offering price with a discount of not more than 10 percent of the market price, provided that the Board of Directors has taken into
review the policy or management plan of the Company and its subsidiaries, as deemed appropriate, for the best interest of the Company and its subsidiaries. In addition to the aforementioned plan, the
capacity as an executive, may consider and review the policy or management plan of the Company and its subsidiaries, as deemed appropriate, for the best interest of the Company and its subsidiaries. In
waiver requester, it his capacity as an executive, may consider and review the policy or management plan of the Company and its subsidiaries, as deemed appropriate, for the best interest of the Company and
subsidiaries, as deemed appropriate, for the best interest of the Company and its subsidiaries. In addition to the aforementioned plan, the waiver requester has no plan for significant changes in the policy or
resolution of a meeting of the Board of Directors of the Company on the selling of all ordinary shares in NML to the Purchaser. 2. The Company has used its best efforts to cause all of NML’s employees and
delivered operat- ing and financial performance that was the best in the history of the Company. For the very first time In- dorama Ventures surpassed the $ 1 billion milestone in terms of its full year core
concern to and to protect the best interests of clients should be encouraged, taking into account the following principles: (1) Duty of Loyalty (1) The management company should manage the investment in the