-diversified investment causing income dependence on any particular real estate; - risk from types of invested real estates; - risk from the lessees’ capability of rent payment and lease renewal; - other risks

management of the private fund, using knowledge and competence as a professional. The securities company shall enter into a written agreement with a person or a group of persons who has authorized the

management of the private fund, using knowledge and competence as a professional. The securities company shall enter into a written agreement with a person or a group of persons who has authorized the

, also have knowledge, capability and experience in various businesses, for example: Mr. V-Nee Yeh is currently a chairperson of the board of ASM. He graduated with a doctoral degree from Columbia

knowledge, capability and experience in various businesses, for example: Mr. V-Nee Yeh is currently a chairperson of the board of ASM. He graduated with a doctoral degree from Columbia University’s School of

. Without proper and timely adjustment, competitiveness and debt servicing ability of the business sector may be jeopardized, which would eventually affect KBank’s asset quality. 1.3 Significant Regulations

’ Life Platform of Choice”, we have upgraded our capability in data compilation and analytics, allowing us to understand and anticipate each individual customer’s needs under the “Segment of One” while

reflected in financial statements. Investors need access to information on how companies are managing such factors when assessing a company’s present and future valuation and the company’s ability to

’ debt servicing ability. 5 1.3 Regulatory Changes2 Significant regulatory changes in 2017 that may have affected KBank’s and K Companies’ business operations included:  Relaxation of Foreign Exchange

operation in 2018 and over the next five years in order to deliver an excellent customer experience. Meanwhile, we have upgraded our technological capability in order to act as a digital platform provider for