independent director within 90 days from the date on which such matter occurs and it shall be deemed that the securities company is given an exemption by the Office from appointment of independent director
application for a license and the granting of a license to provide services as a securities registrar, which is subject to other specific rules governing such matter as prescribed by other Notifications. Clause
November 2008. Clause 2 The following notifications shall be repealed: (1) The Notification of the Securities and Exchange Commission No. KorNor. 8/2547 Re: Licensing Derivatives Business Operator in the
Notification shall come into force as from 16 November 2008. Clause 2 The following notifications shall be repealed: (1) The Notification of the Securities and Exchange Commission No. KorNor. 8/2547 Re
Listed Companies Concerning the Acquisition and Disposition of Assets, 2004 (collectively, the “Notifications on Acquisition or Disposal”). If the base price used in the bidding process is applied in the
of Assets, 2004 (collectively, the “Notifications on Acquisition or Disposal”), having the highest transaction value of 38.2 percent, calculated based on a total consideration value basis, based on the
matter, such director shall have no right to vote on such matter, except voting for director election. In casting votes for passing any resolution or approval for any act in the general meeting, a majority
attending the meeting and having the right to vote, excluding the votes of the shareholders having an interest in the matter in accordance with the Acquisition and Disposal of Assets Notifications, and (2