company. 3. General details of the transaction The transaction’s objective is to dispose the Investment Unit of the company. Initially, the company considered to invest in TSE as an investment fund, the

approval of, and registration with, the SEC Office with the objective to promote and develop securities businesses in the category of investment management. Clause 2 This Notification is intended to

and established under the approval of, and registration with, the SEC Office with the objective to promote and develop securities businesses in the category of investment management. Clause 2 This

and established under the approval of, and registration with, the SEC Office with the objective to promote and develop securities businesses in the category of investment management. Clause 2 This

of investment in such securities; “general advice” means an investment advice given to any person without considering of investment objective, financial status or individual needs; “specific advice

. (Translation) -3- “general advice”5 means an investment advice given to any person without considering of investment objective, financial status or individual needs; “specific advice”6 means an investment advice

without considering of investment objective, financial status or individual needs; “specific advice”6 means an investment advice given to any person that suitable to investment objective, financial status

supervision of securities business in the category of management of other persons’ funds, whether it be the mutual fund or private fund management, has the common objective to protect and maintain the best

securities business in the category of management of other persons’ funds, whether it be the mutual fund or private fund management, has the common objective to protect and maintain the best interest of

business in the category of management of other persons’ funds, whether it be the mutual fund or private fund management, has the common objective to protect and maintain the best interest of investors based