1. Defendant B, C, and D are the Plaintiff’s 80,000 common shares per share issued by Defendant E.

1. The Plaintiff requested Defendant E (hereinafter “Defendant E”) to implement the transfer procedure on the register of shareholders on the ground of the termination of the title trust of shares, and sought confirmation of shareholders’ rights against Defendant B, C, and D, the title trustee disputing the procedure.

If a person who has entrusted a shareholder’s name with respect to the shares before issuance of share certificates terminates a title trust agreement with the trustee, the shareholder’s right to the shares is returned to the title truster solely by the declaration of termination. In such a case, where a shareholder’s name listed in the register of shareholders substantially contests shareholder’s rights, the substantial shareholder has a benefit to seek confirmation of shareholder’s rights

(1) In light of the aforementioned legal principles, the Plaintiff established a real estate list (hereinafter “instant real estate”) on December 12, 2017 and issued 80,000 common shares per share (10,000 common shares) on December 11, 2017 to acquire and operate the real estate (hereinafter “instant real estate”) on the following grounds: (a) in light of the foregoing legal principles, the Plaintiff did not have any dispute between the parties; or (b) in accordance with the entry and the purport of the entire pleadings, the Plaintiff purchased and sold the real estate listed in the separate list of real estate (hereinafter “instant real estate”), and issued 10,000 common shares per share (10,000 common shares); and (c) the ownership transfer registration was made on December 11, 2017 on the instant real estate on the ground of the Plaintiff’s acquisition of the instant real estate from the Korea Telecommunication Bank as collateral; and (d) in the process of the Plaintiff’s acquisition of the instant real estate from the Defendant, the shareholder’s right to return to each of the title trust, as the Plaintiff.

Therefore, Defendant E is therefore 80.8