increased more than five per cent of the current rental and service fee. In case SAP wishes to renew the sub-lease agreement with PAM, SAP will further arrange to perform necessary actions to be incompliance

after all the conditions precedent specified in the agreements are fulfilled. In this regard, as a guarantee to perform obligations under the Equity Purchase Agreement pursuant to request of the Seller

securities brokerage of securities company, the term “personnel” and “employee” under this Notification shall also include any person who is entrusted to perform the duty for a securities company. Clause 3/2

entrusted to perform the duty for a securities company. Clause 3/2. 7 Clause 16 shall apply to the securities dealing which are not debt instrument mutatis mutandis. Chapter 1 Operational Control Clause 4. A

, intermediaries shall perform as follows: (1) establish business continuity management policy (Business Continuity Management: BCM) which is approved by senior management and boards of directors; (2) establish

provider, in part that involves with the derivatives broker. Clause 12 . In case where it appears later to the Office that derivatives broker violates or fails to perform in compliance with this notification

operation of service provider, in part that involves with the derivatives broker. Clause 12. In case where it appears later to the Office that derivatives broker violates or fails to perform in compliance

later to the Office that derivatives broker violates or fails to perform in compliance with this notification or the service provider does not have qualifications as specified in Clause 3 or Clause 5, the

profit margin still perform at a level close to the same period last year which was at 61.2% Selling and Administrative Expenses The Company had administrative expenses for the first quarter of 2019 equal

with values less than 15%. Therefore, the Company is not required to perform any disclosure under the obligation of such Notification. Trading transaction in level 1 is not within the scope of connected