) Remark: The above structure is only an example of acquisition through the chain principle. 12. If the acquisition results in an obligation to make a tender offer for all securities of the business in

258 of the foregoing persons8 ) Remark: The above structure is only an example of acquisition through the chain principle. 12. If the acquisition results in an obligation to make a tender offer for all

offer for all securities of the business in compliance with the Notification re: Rules, Conditions and Procedures for the Acquisition of Securities for Business Takeovers, the acquirer ( ) will make a

of acquisition through the chain principle. 12. If the acquisition results in an obligation to make a tender offer for all securities of the business in compliance with the Notification re: Rules

offer for all securities of the business in compliance with the Notification re: Rules, Conditions and Procedures for the Acquisition of Securities for Business Takeovers, the acquirer ( ) will make a

of acquisition through the chain principle. 12. If the acquisition results in an obligation to make a tender offer for all securities of the business in compliance with the Notification re: Rules

offer for all securities of the business in compliance with the Notification re: Rules, Conditions and Procedures for the Acquisition of Securities for Business Takeovers, the acquirer ( ) will make a

258 of the foregoing persons8 ) Remark: The above structure is only an example of acquisition through the chain principle. 12. If the acquisition results in an obligation to make a tender offer for all

only an example of acquisition through the chain principle. 12. If the acquisition results in an obligation to make a tender offer for all securities of the business in compliance with the Notification

. 12. If the acquisition results in an obligation to make a tender offer for all securities of the business in compliance with the Notification re: Rules, Conditions and Procedures for the Acquisition of