of nominated directors Total number of directors 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

Total number of directors 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

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

of nominated directors Total number of directors 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

nominated directors Total number of directors 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

the case may be. In the case of nomination of directors In the case of holding of shares Number of nominated directors Total number of directors Remark: The above structure is only an example of

Total number of directors 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

Total number of directors 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

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

Total number of directors 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