percent from the previous year, mainly come from 1)Customers delay some of the project construction plan, thus it is not possible for making construction and revenue recognition 2)The economics slowdown due

can be no assurance that the Fund will achieve its investment objective. Fund Basics Total Fund Assets (in millions) $271.46 Management Fee 0.95% Estimated Total Expense Ratio 1.13%1 Minimum Investment

channel of any government bond or bond guaranteed for principal and interest by the Ministry of Finance and redempted by holders with specific or minimum price determined as of the issuing date does not

for principal and interest by the Ministry of Finance and redempted by holders with specific or minimum price determined as of the issuing date does not provide personnel approved by the SEC Office in

security holders to any payments on the debt securities. - 15 - 2. Provide information about the existence or possible creation of other securities and other indebtedness with seniority to the debt

possible conflict person of the applicant holding shares in its subsidiary company or associated company more than 10 percent of the total number of 2 Amended by the Notification of the Capital Market

and quarries. Therefore, it is not possible to inform and monitor the business operation of PRINDA and its subsidiaries and the Company cannot express any opinions in key issues to achieve the highest

significant value for listed companies (10) For said Board of Directors’ meeting, the director (s) with possible conflict of interests, and/or the director (s) serving as connected parties, did not attend nor

acquisition or disposition of assets having significant value for listed companies (9) For said Board of Directors’ meeting, the director (s) with possible conflict of interests, and/or the director (s) serving

for the acquisition or disposition of assets having significant value for listed companies. 10. Opinion by Board of Directors The Board of Directors (excluding the director with possible conflict of