1. The Defendants jointly do so to the Plaintiff (Appointeds) KRW 52,00,000, KRW 23,000, and KRW 23,000, and KRW 6.

1. Facts of recognition;

A. Defendant C Co., Ltd (hereinafter “Defendant Co., Ltd”) purchased stocks of an unlisted company and sold them to investors at a price higher than the purchase price, and thereafter, sold them to investors at a price higher than that of the purchase price, and offered profits if the profit realization time to be promised to continue managing and managing stocks for investors arrives, the Defendant C Co., Ltd (hereinafter “Defendant Co., Ltd”) organized an investment association, such as an institution, an investment association, or an undisclosed investment association, etc., which was made under the pretext of an investment in a particular item of investment, and recruited the remaining investment amount after deducting management remuneration from the total investment amount, and made an agreement to pay profits at the time of profit realization.

Defendant D, the representative director of the Defendant Company, was responsible for overall affairs of the Defendant Company.

B. The Plaintiff (designated parties, hereinafter referred to as the “Plaintiff”) and the designated parties (hereinafter referred to as the “Plaintiffs”) jointly referred to the Plaintiff and the designated parties (hereinafter referred to as the “Plaintiffs”) concluded an investment contract with the Defendant Company with respect to each item described in the name of the contract after hearing the aforementioned explanation from the executives and employees of the Defendant Company’s Gwangju Branch on the date indicated in the attached Table “the contract date” (hereinafter referred to as the “instant investment contract”), and the Defendant Company paid each amount indicated in the “investment amount” as investment money.

In addition, the Plaintiff, Selected E, and F entered into an agreement with the Defendant Company to take over the shares in the name of the Defendant Company after hearing the above explanation from the executives and employees of the Defendant Company on the date stated in the attached Table “the contract date” and to hold the said shares in the name of the Defendant Company, and paid the Defendant Company the respective money stated in the “investment amount” as investments.

C. Defendant Company was committed in violation of the Financial Investment Services and Capital Markets Act (hereinafter “Capital Markets Act”) around 2015.