A Imprisonment of one year and six months and fine of 750,000,000 won, and Defendant B corporation shall be punished by a fine of 10,000,000 won.

Defendant

A is the representative director of Defendant B Co., Ltd. (hereinafter “B”), and Defendant B is a corporation established for the purpose of steel products wholesale and retail business.

1. No defendant A shall be issued or issued a tax invoice under the Value-Added Tax Act without supplying or being supplied with goods or services for profit;

A. On November 14, 2012, the Defendant received a false tax invoice: (a) on a commercial basis in the B office located in Gangnam-gu Seoul Metropolitan Government D; and (b) notwithstanding the fact that B was not supplied with steel and other goods, the Defendant was issued a tax invoice indicating that it was supplied with steel and other goods equivalent to KRW 125,949,348 from dimethylethyl.

In addition, from the above date to September 30, 2013, the Defendant received a tax invoice of KRW 3,717,63,015 in total without being supplied goods from the customer 34 times in total as shown in the attached Table 1 list of crimes.

B. On December 1, 2012, the Defendant issued a false tax invoice: (a) on December 1, 2012, the Defendant issued a tax invoice stating that he/she supplied goods, such as steel, to the company B, as if he/she supplied goods, such as steel, to the company B, even though he/she did not have supplied goods, such as steel, to the company B.

In addition, from the above date to September 30, 2013, the Defendant did not supply goods to customers over 43 times in total and issued a tax invoice of KRW 3,694,551,295 in total.

2. Defendant B corporation

A. The Defendant was issued a tax invoice without being supplied by A, the representative of the Defendant, with respect to the Defendant’s business as described in paragraph (1) at the time and place described in paragraph (1).

B. The date and time stated in paragraph 1(b).