1. The Defendant’s issuance of new shares at a par value of KRW 5,000 per annum on February 4, 2014 is null and void.

2...

The plaintiffs held 3,00 shares of the defendant as of February 4, 2014, and the defendant held 1,500 shares each as of February 4, 2014, and the defendant decided to issue new shares of 37,000 shares per face value at a general meeting of shareholders on February 4, 2014. The written resolution of the general meeting of shareholders dated February 4, 2014 stated that the resolution of February 4, 2014, on the premise that the defendant held 3,00 shares issued by all of the plaintiff B, the plaintiff attended the meeting to newly issue 37,00 shares and assign them according to the number of shares held on February 4, 2014. Based on this, there was no dispute between the parties to the registration of alteration and the total amount of shares issued on February 5, 200 to KRW 3,400, 1500,000 and KRW 200.

However, the above shareholders' general meeting of February 4, 2014, with respect to the plaintiff who is one of the shareholders of the defendant, was held as the shareholder of only one of the plaintiff B without a notice of convocation, and the above shareholders' general meeting of shareholders is invalid in violation of the law and the articles of incorporation, and the issuance of new shares on February 4, 2014, which was based on such a resolution, shall also be null and void.

2. If so, the plaintiffs' claims are reasonable, and it is so decided as per Disposition by admitting them.