AEON Credit Service (Asia) Company Limited and AEON Credit Holdings (Hong Kong) Co., Limited mutually agreed to terminate the Loan Agreement and entered into a termination agreement to record such termination. Pursuant to the Termination Agreement, the company and ACH have waived their respective rights under the Loan Agreement with immediate effect and released the other party from further performance of its obligations under the Loan Agreement and neither party shall have any claim against the other in respect of the termination of the Loan Agreement. The Board decided to terminate the Loan Agreement in order to allow time for better communication with the shareholders and the market on its business strategy and direction.