Jin-Young Cho, Hyung-Seop Kim and Ji-Won Kim acquired 2.8% stake in Cronex Co., Ltd. from Nam-Ok Lee for approximately KRW 460 million on April 1, 2016. Under the transaction, Jin-Young Cho acquired 0.015 million shares of Cronex while Hyung-Seop Kim and Ji-Won Kim acquired 0.01 million shares each. All shares were acquired at KRW 13000 per share. Upon completion, Nam-Ok Lee holds 0.065 million shares or 5.2% stake in Cronex.

Jin-Young Cho, Hyung-Seop Kim and Ji-Won Kim completed the acquisition of 2.8% stake in Cronex Co., Ltd. from Nam-Ok Lee on April 1, 2016.