Company Limited ("IFEC"), acquired the knowledge from the Board of Directors Meetings No. 11/2016, held on 1 November 2016, that IFEC faced a problem with insufficient cash flow to pay off its

) to issue notifications to implement this Royal Enactment; (5) to determine fees for handling certain matters in accordance with this Royal Enactment; (6) to appoint sub-committees or advisors to

financial situation. However, the Company has received a written waiver from its creditor on this issue in the third quarter of 2019, which is the most recent waiver. The Company has to maintain Debt to

issued in connection with securitization; (4) to issue notifications to implement this Emergency Decree; (5) to determine fees for handling certain matters in accordance with this Emergency decree; (6) to

in connection with securitization; (4) to issue notifications to implement this Emergency Decree; (5) to determine fees for handling certain matters in accordance with this Emergency decree; (6) to

updated information and having an opportunity to make a decision on the issue, the Company deems it appropriate to propose to the shareholders to consider and approve the revision of the calculation of the

an enforcement of investors’ rights in some issues which are activities occurring outside blockchain* and are not based on the smart contract. Such activities include rent fee collection and payment

considered a satisfactory year and is in line with the management's expectation. In the past year, the company was able to generate cash collection from the overall NPLs and NPAs management business, which are

problem. 1.3 Significant Regulations and Rules related to Business Operations Significant regulations and rules in the third quarter of 2019 that may have affected KBank’s and K Companies’ business

right to vote. However, shareholders who have conflict of interest in this issue are excluded from the vote. The Company also needs to prepare the disclosure of informatio transaction from shareholders