Hyunsun Cho acquired 1% stake in Cronex Co., Ltd. from Namok Lee for KRW 210 million on February 27, 2017. Under the terms of the transaction, Hyunsun Cho acquired 15000 shares at KRW 14000 per share. In a related transaction, Sungmin Kim, Hwasun Jang and Yoonhee Sim acquired 0.33% stake in Cronex Co., Ltd. from Namok Lee for KRW 75 million. After the completion of the transaction, Namok Lee will continue to hold 0.69 million shares representing 46.58% stake. Hyunsun Cho completed the acquisition of 1% stake in Cronex Co., Ltd. from Namok Lee on February 27, 2017.