Young-Cheol Shim and Sung-Hwan Kim acquired 2.88% stake in Cronex Co., Ltd. from Nam-Ok Lee, Jae-Eun Lee and Woo-Kyun Lee for approximately KRW 470 million on March 8, 2016. Young-Cheol Shim and Sung-Hwan Kim acquired 0.04 million shares at the price of KRW 13000 per share. Sung-Hwan acquired 0.01 million shares and 0.02 million shares from Nam-Ok Lee and Jae-Eun lee respectively. Young-Cheol Shim acquired 0.01 million shares from Woo-Kyun Lee. After the transaction, Nam-Ok Lee will hold 0.09 million shares, Jae-Eun lee will hold 0.01 million shares and Woo-Kyun Lee will hold 0.01 million shares respectively.

Young-Cheol Shim and Sung-Hwan Kim completed the acquisition of 2.88% stake in Cronex Co., Ltd. from Nam-Ok Lee, Jae-Eun Lee and Woo-Kyun Lee March 8, 2016.