documents and evidence as considered appropriate within the time as specified by (Translation) 4 the Office. If the applicant fails to comply or proceed as being required, the Office shall deem that such
documents and evidence as considered appropriate within the time as specified by (Translation) 4 the Office. If the applicant fails to comply or proceed as being required, the Office shall deem that such
academic expert or professional in accounting, finance, business administration, economics or law; (7) “Office” means the Office of the Securities and Exchange Commission. Clause 3 1 . An executive of any
of work relating to money market or capital market, or work experience in the management level that is beneficial to management of securities business or work experience from being an academic expert
work experience in the management level that is beneficial to management of securities business, or work experience as an academic expert or professional in accounting, finance, business administration
of work relating to money market or capital market, or work experience in the management level that is beneficial to management of derivatives business, or experience as an academic expert or
share, whereby the Board of Directors had considered such determination of the reduction, based on the market situation at that time. In addition, the Company will proceed with the allocation of the newly
considered such determination of the reduction, based on the market situation at that time. In addition, the Company will proceed with the allocation of the newly-issued shares according to the Transaction on
management • In managing a mutual fund, the AMC must proceed with honestly and care to preserve the interests of all unitholders, using knowledge and competence as a professional. • The AMC must have a policy
appropriate within the specified period. If the applicant fails to comply or proceed as required, the Office shall deem that (Translation) -4- such applicant does not intend to apply for an approval to be