little money in assets offering low return. Therefore, the SEC this year set a target of 100 participants from employers nationwide. So far, 60 organizations and companies tallying 90,000 employees have

close associates benefited from the sale money of the hotel. In addition, during the process of clarification to the SEC regarding the case above, the four directors and executives of the company, at

close associates benefited from the sale money of the hotel. In addition, during the process of clarification to the SEC regarding the case above, the four directors and executives of the company, at

close associates benefited from the sale money of the hotel. In addition, during the process of clarification to the SEC regarding the case above, the four directors and executives of the company, at

close associates benefited from the sale money of the hotel. In addition, during the process of clarification to the SEC regarding the case above, the four directors and executives of the company, at

close associates benefited from the sale money of the hotel. In addition, during the process of clarification to the SEC regarding the case above, the four directors and executives of the company, at

close associates benefited from the sale money of the hotel. In addition, during the process of clarification to the SEC regarding the case above, the four directors and executives of the company, at

( “ the Company” ) would like to submit our management’s discussion and analysis for the fiscal year ended December 31, 2019, as follows: For the year ended December 31 Change 2019 2018 MB MB % Sales

data, particularly those from outside the company. In addition, any forward looking statements are subject to change as market conditions and actual outcomes may differ from forecasts. BAM makes no

1 -Translation- No.ECF2 004/2018 24 January 2018 Subject: Change in Shareholding Structure of the Planet Board Company Limited, a Subsidiary Company of the Company To: President The Stock Exchange of