Compliance) to the SEC through a system prepared on the website of the SEC Office within 7 business day as from the occurrence of such circumstance. However, KWI reported the discontinuation of such a person

Office through a system prepared on the website of the SEC Office within 7 business day as from the occurrence of such circumstance. However, KWI reported the discontinuation of such a person on 26

could remain an IFEC shareholder and exercise the voting right to select company directors at three shareholders’ meeting in 2017. It is considered that His such failure violated a law and he illegally