1. The Defendant amounting to KRW 91,827,254, and KRW 5% per annum from January 22, 2014 to November 24, 2016 to the Plaintiff.

1. Facts of recognition;

A. The Plaintiff is a company that manufactures and sells milk products, sells livestock products, etc., and B entered the Plaintiff Company on July 1, 201 and served as a meat sales manager at the meat business division sales team.

B. The Plaintiff and the Defendant entered into an insurance contract for fidelity guarantee with the content that the Defendant compensates the Plaintiff for the damages incurred by the embezzlement, etc. of B by making the Plaintiff as the insured as indicated in the table below.

The relevant provisions of the terms and conditions applicable to each of the fidelity guarantee insurance contracts shall be as follows from December 1, 201 to November 30, 2012, 200,000 won from December 1, 201, to November 30, 201, 200 won from April 9, 2013 to December 1, 2012, 200 to November 30, 2013:

Secretary of the Ministry of Foreign Affairs and Trade.

1. (Compensation for Damages) A company (the defendant, hereinafter the same shall apply) shall set forth in the insurance policy any direct damage (including any damage suffered by the insured by bearing legal liability for damages due to the above reasons) to the property of the insured by means of theft, robbery, fraud, embezzlement, or breach of trust during the insurance period or by taking advantage of his/her position in the course of performing its duties for the insured (including other institutions concurrently performing duties in cases where the welfare organization annexed to the insured or the principal guarantor is a public official) who is employed by the guarantor stated in the insurance policy and has other specific relations with him/her.

2. (Claims for Insurance Money) (2) A company shall determine the insurance money to be paid without delay after receiving a claim for the insurance money, and pay it within seven days when the insurance money is decided to be paid.

Additional Risk-Bearing Special Terms and Conditions I

1. (Compensation for Loss) A company shall not, in addition to compensation for any loss under the provisions of 1. General Terms and Conditions for Identity Guarantee Insurance, fulfill its responsibilities as a serious fault or a good manager in the course of carrying out its business on behalf of the insured;