operation of the Company. 7. Basis Used to Determine the Value of Consideration The basis used to determine the value of consideration for the Transaction is the price mutually agreed by the Company and the
related to properties in or outside the Kingdom including to accept donated properties; (2) borrow or lend money as well as make investment for profit; (3) determine the fees for filing registration
related to properties in or outside the Kingdom including to accept donated properties; (2) borrow or lend money as well as make investment for profit; (3) determine the fees for filing registration
best interests of the Company, the Board of Directors may determine the offering price with a discount of not more than 10 percent of the market price, provided that the Board of Directors has taken into
investors. In the case that the Board of Directors of the Company deems that there is an appropriate cause by taking into 3 account of the best interests of the Company, the Board of Directors may determine
the decrease of expense in the business operation of the Company. 8 Enclosure 1 7. Basis Used to Determine the Value of Consideration The basis used to determine the value of consideration for the
showed in the corresponding period last year, or 26.53% increased. The increment was in accordance with company’s expanding strategy and well management in marketing and sales; therefore, company’s
approval has been granted by the Capital Market Supervisory Board. For the purpose of expanding business opportunity for securities companies, the Securities and Exchange Commission, acting as the Capital
approval has been granted by the Capital Market Supervisory Board. For the purpose of expanding business opportunity for securities companies, the Securities and Exchange Commission, acting as the Capital
licensed securities business, except when an approval has been granted by the Capital Market Supervisory Board. For the purpose of expanding business opportunity for securities companies, the Securities and