. Condition of Doing the Transaction When the permission for Franchise entitlement granted to HHC; WCIG must not operate competitive business against HHC. Opinion of the Board of Directors on Doing the

Transaction From funding by increase capital 10. Condition of Doing the Transaction When the permission for Franchise entitlement granted to HHC; WCIG must not operate competitive business against HHC. Opinion

the Company’s tax privileges granted by BOI; other expenses did not increase in proportion as much as the revenue. Overall, it resulted in the improvement of net profit margin for the group as mentioned

4 Any association related to securities business shall not open a branch office unless granted an approval by the SEC Office. Clause 5 In the case where the license of an association related to

4 Any association related to securities business shall not open a branch office unless granted an approval by the SEC Office. 2 Clause 5 In the case where the license of an association related to

4 Any association related to securities business shall not open a branch office unless granted an approval by the SEC Office. 2 Clause 5 In the case where the license of an association related to

obtains a securities business license type C or is in a process of applying for such license. Clause 9 An applicant shall be granted a derivatives business license type Sor-1 only upon meeting the following

obtains a securities business license type C or is in a process of applying for such license. 5 Clause 9 An applicant shall be granted a derivatives business license type Sor-1 only upon meeting the

which obtains a securities business license type C or is in a process of applying for such license. 5 Clause 9 An applicant shall be granted a derivatives business license type Sor-1 only upon meeting the

company. Clause 2. A securities company may appoint or allow another securities company’s executive to be or perform duty as its executive or advisor upon being granted approval from the Office on condition