1. The defendant shall pay to the plaintiff A and B 8,773,150 won, the plaintiff C 16,452,500 won, the plaintiff D 11,436,600 won, and each of them.

1. Details of ruling;

(a) Business approval and public announcement - Industrial complex development project (E-1) - Project development project (hereinafter referred to as “instant project”) - Project operator: Defendant - project approval: Public announcement of industrial complex development project F (E-1j) public notification of Ulsan Metropolitan City on December 31, 2014; designation of the project operator of industrial complex development project (E-1j) and public notification of approval of the implementation plan;

B. The Central Land Tribunal’s ruling of expropriation on October 19, 2017 (hereinafter “instant ruling of expropriation”): Land subject to expropriation: Each real estate indicated in the separate sheet of compensation (hereinafter “each of the instant lands”) owned by the Plaintiffs located in Ulsan-gu Gdong (hereinafter “Gdong”), Ulsan-gu, Seoul-do (hereinafter “Gdong”). For individual land, according to the sequence of compensation details stated in the separate sheet of attached sheet of attached sheet of the date of expropriation (hereinafter “instant land”) - Compensation date: December 12, 2017 - Compensation amount in the separate sheet of compensation amount: The compensation amount in the separate sheet of compensation amount.

C. The Central Land Tribunal rendered an objection on April 26, 2018 (hereinafter “instant objection”) - The Plaintiffs dissatisfied with the instant acceptance ruling and filed an objection with the Central Land Tribunal.

In the adjudication procedure of the objection of this case, the plaintiff A, B, and C claimed that the land of this case 1 through 3 should be compensated for each complex, and that the compensation should be increased in accordance with the reality, and the plaintiff D claimed that the compensation of the land of this case 4 should be increased in accordance with the reality.

- The Central Land Tribunal did not accept the assertion that the plaintiffs A, B, and C would compensate the land of this case for each complex. However, the claim that the plaintiffs would increase the compensation amount of each of the lands of this case after going through the appraisal of this ruling was accepted, and the compensation amount was increased as stated in the written statement of objection in the attached compensation amount.

- An appraisal corporation: H certified public appraisal corporation and I certified public appraisal corporation (hereinafter referred to as “appraisal of objection of this case”) [based on recognition].