transaction is not considered as material transaction, as the highest value of transaction size is calculated to be 4% of net tangible assets of the Company. Comparison of Consideration Paid criteria and the
Concerning the Connected Transactions, 2003 (collectively, the “Notifications on Connected Transactions”). The transaction represents the highest transaction value of 32.26 percent of the net tangible assets
establishing and managing Yes No the representative office abroad. 3.3 Having a ready working system comprising at least operational Yes No management, compliance and information management, and competent
operational procedure clearly with regard to granting a consent to a designated person to act on behalf of the securities company or to approve any action that will create an obligation for the securities
Re: Operational Control and Information Technology Security of Securities Companies Whereas in these days securities companies widely accept information technology as an instrument for securities
documents and evidences in accordance with the format and procedures provided by the Office of the Securities and Exchange Commission in the electronic operational system of the Office of the Securities and