. Implementation 34 5. Moving Forward 35 THE INVESTMENT GOVERNANCE CODE PRINCIPLES Principle 1 Adopt a Clear Written Investment Governance Policy 37 Principle 2 Properly Prevent and Manage Conflicts of Interest and
managing costs appropriately and being more careful with investment plans. The Company expected that this quarter has the deepest contraction in transaction value, and the situation will be better due to
SEC for such digital token offering. The investing public is strongly advised to be careful with the solicitation of this ICO because it may not be in compliance with the governing rules, for example
application for approval of the BSmart ICO has been submitted, nor an approval has been granted by the SEC for such digital token offering. The investing public is strongly advised to be careful with the
Fund for public interest (Universal Service Obligation or USO) Any other related fees Key conditions Licensee is able to adopt any technologies under ITU-R Recommendations on IMT-Advanced (4G) and/or
quarter of 2017. Thus it will become more challenging for the global steel industry participants in all the regions. Careful estimation for raw material purchasing and production cost management is
all the regions. Careful estimation for raw material purchasing and production cost management is seriously needed in order to cope with the more dynamic business environment. Management’s Discussion
64 million. In addition, the company has continued its plan to proceed on the debts restructuring with aim to strengthen the financial status, reduce the burden of interest payment and improve
participants in all the regions. Careful estimation for raw material purchasing and production cost management is seriously needed in order to cope with the more dynamic business environment. The raw material
quarter of 2016 but then turn back increasing continuously until the fourth quarter of 2017. Thus it will become more challenging for the global steel industry participants in all the regions. Careful