Microsoft Word - S_2019_GRC-02_025_S43 Share Acquisition_EN Page 1 – Translation – GRC-02/2019/025 11 December 2019 Subject: Report of the Asset Acquisition To: President The Stock Exchange of

the Employee Share Ownership Plan (“ESOP”) and the formation of the ESOP Committee is now more than 10 years old. Since the ESOP scheme has not yet been approved by shareholders and no ESOP warrants

informational asymmetry (and implications against the EMH). • In April 2013, the US SEC ruled that companies could share important information through social media, but only if investors have been alerted about

% 25.5% 24.3% Adjusted net profit margin 22.5% 27.1% 28.2% 1Adjusted for share of investment in JV and associates and non-recurring expenses. 2As shown in financial statement, excluding minority interest

in HRC market price. In Q2/18, an overall market for Steel industry has dropped as cyclical situation according to a long holiday period in April and starting of the rain season which will result to a

) Disclosure and transparency; The chapter identifies key areas of disclosure, such as the financial and operating results, company objectives, major share ownership, remuneration, related party transactions

registration statement to the SEC Office before such offering; and (3) a company of which securities [other than share] have been offered for sale to investors under the requirement that the offerors, whether

have remained relatively more stable as reflected in the EO contribution to EBITDA. EG, which is cyclical and represents the remainder of our production volume, has been challenged. The EBITDA decline in

aspects of governance and conflict negotiations and how effectively water users share resources under Water Infrastructure Criteria under the Climate Bonds Standard – Criteria Document Climate Bonds

governing the representation of the debt securities holders, as well as where the investors may obtain access to the contract. Indicate whether the issuer is required to make periodic disclosure such as