) of the Notification on Standard Conduct of Business shall include the following characteristics and shall comply with the Notifications of the Associations approved by the SEC Office: (1) supervising

characteristics and shall comply with the Notifications of the Associations approved by the SEC Office: (1) supervising the trading of capital market products by the employees, both for the investment of the

economy and we expect improvement in the overall HRC consumption and pricing going forward. Due to continuing engagement by the Steel Associations with the Government Authorities the Anti-Dumping Board

forward. Due to continuing engagement by the Steel Associations with the Government Authorities, the Anti- Dumping Board Committee has resolved to use temporary countermeasure (emergency measure) to collect

. These matters are being taken up by the Steel Associations and with the Government at various levels and the Government are taking steps to address the issues. Significant steps are – • The announcement

] the code of ethics and standards of professional conduct as defined by the associations related to securities business or by organizations in connection with securities business recognized by the SEC

appropriateness of the existing one), the companies should provide the explanations and solutions from such findings. 1 COSO is a joint committee of 5 professional associations including the American Institute of

codes of conduct and professional standards as specified by the associations and approved by the SEC Office or the agencies relating to capital market business which are recognized by the SEC Office; (5

as specified by the SEC Office, the associations , or the agencies relating to capital market business which are recognized by the SEC Office; Clause 24 In case personnel in the capital market business

. Certification of the Board of Directors on the capital increase In the case where the directors of the Company do not perform in accordance with laws, Company’s objective, Articles of Associations of the Company