1. The Defendant: (a) KRW 609,510 for each of the Plaintiffs, as well as 5% per annum from December 15, 2016 to April 20, 2017.

1. Details of ruling;

(a) Business approval and public notice - Business name: D district housing redevelopment and rearrangement project (hereinafter referred to as the “instant project”) - Project implementer: Defendant - Public notice of project implementation authorization: Songpa-gu Seoul Metropolitan Government public notice on April 26, 2012

B. The Seoul Special Metropolitan City Local Land Tribunal’s ruling of expropriation on April 22, 2016 - The date of expropriation: June 10, 2016 - Land subject to expropriation: Songpa-gu Seoul Metropolitan City F 19 square meters and G G 16 square meters were designated by the Defendant as the land substitution land of 33.2 square meters in the instant project area, as follows:

(hereinafter referred to as “instant land”) - Shares 1/3 of the plaintiffs’ respective 1/3 of shares and 1/3 of the obstacles listed in Appendix 1 (hereinafter “the obstacles of this case”): The plaintiffs’ respective 87,148,840 won per each of the plaintiffs as shown in Appendix 1 (i.e., each of the obstacles of this case among the land of this case 76,304,660 won ( KRW 10,84,180 of the plaintiffs’ respective interests among the obstacles of this case 76,304,660), - An appraisal corporation which is a Dong appraisal corporation and an appraisal corporation:

C. The Central Land Tribunal’s ruling on January 19, 2017 – Compensation: Total amount of 87,806,460 won by each of the plaintiffs as shown in attached Form 2 (i.e., KRW 11,12,250 of the plaintiffs’ respective shares among the instant obstacles in the instant land of KRW 76,694,210) - An appraisal corporation: An appraisal corporation for public appraisal corporations; a corporation for public appraisal corporations; a corporation for public appraisal corporations; a corporation for public appraisal corporations (hereinafter “Objection appraiser”); the said appraisal is “Objection Ruling”; and the result of the said appraisal is “the result of the appraisal”).

D. On June 9, 2016, the Defendant deposited for the Plaintiffs the instant land and obstacles with compensation for losses (each of the KRW 87,148,840 for the Plaintiffs) on the part of the Plaintiffs, and on February 24, 2017, the Defendant deposited compensation for losses (each of KRW 87,148,840 for the Plaintiffs).