Management Discussion and Analysis For the Annual Operating Results 2018 Ended December 31, 2018 Note: This Management Discussion and Analysis (MD&A) was made to disclose information and the vision
assets or services category with the transaction value of exceeding 3.00 percent of the net tangible asset of the Company requiring the Company to disclose the information memorandum thereon to the Stock
Class 1 transaction, and the Company is required to perform the following duties: (1) To prepare a report and disclose an information memorandum on the asset acquisition to the Stock Exchange; (2) To
profit from the operation basis. As a result, the transaction is classified as a Class 1 transaction, and the Company is required to perform the following duties: (1) To prepare a report and disclose an
executives to clarify or disclose additional information within a specified period and suspend the approval of the issuance of the structured notes, or suspend the offer for sale of the structured notes until
interest or investors, in cases where a fact appears in relation to the causes under Paragraph 1 of Clause 27, the SEC Office may disclose information related to the SEC Office’s proceedings to any person in
phone. One notable endeavor was development of a Social Payment feature on the K PLUS SHOP application, which enables payment via QR code and automatically sends a payment status alert to merchants, while
ended March 31, 2018. Therefore, the Company must obligate subject to the Notification of Connected Transactions by disclose information memorandum regarding to the Company’s transaction to the Stock
assets pursuant to consolidated financial statement for the period ended March 31, 2018. Therefore, the Company must obligate subject to the Notification of Connected Transactions by disclose information