1. The Defendant shall pay to the Plaintiff KRW 22,125,231 as well as KRW 20,181,162 among them, from November 6, 2014 to the day of full payment.

Description of Claim

(1) On July 22, 2013, the Plaintiff entered into a credit guarantee agreement with the Defendant with the guarantee principal as of July 21, 2014, with the guarantee period as of July 21, 2014, and agreed to pay the amount, expenses incurred in preserving the rights acquired by the Plaintiff, and other damages for delay at the rate determined by the Plaintiff.

(2) Upon occurrence of a credit guarantee accident where the Defendant did not pay the principal and interest, the Plaintiff paid the principal and interest of the principal by subrogation to the Plaintiff. As such, the Defendant shall pay to the Plaintiff the sum of the amount of subrogated and the amount of damages and the amount of delayed payment of KRW 22,125,231 as well as the amount of subrogated and the amount of damages

Applicable provisions: Article 208(3)3 of the Civil Procedure Act (Service by Public Notice)