1. The Defendant’s KRW 38,239,650 for the Plaintiff and KRW 5% per annum from May 20, 2015 to April 14, 2017.

1. Details of ruling;

A. The plaintiff in relation to the party 1 is annexed to the attached Form

1. The owner of each of the lands listed in the list (hereinafter “instant land”) installed a concrete manufacturing plant on the ground, and operated a manufacturing business, such as mentmen, bricks, block, etc. (hereinafter “instant business”) from around December 13, 1995.

2) The Defendant is a company running a development project, etc. of the knowledge industry district. b. Business approval and public notice - Business name: Daegu-do Free Economic Zone Development Project (hereinafter “instant project”).

- Public notice: A public notice of amendment to a development plan for a free economic zone on August 13, 2012 (No. 2012-195 of the Ministry of Knowledge Economy), and approval and public notice of the implementation plan on June 17, 2013 (Public notice No. 2013-8 of the Daegu North Korean Free Economic Zone Authority - Public notice of inspection of a compensation plan: June 7, 2013 - Project operator: Defendant.

C. The Central Land Tribunal’s ruling of expropriation on March 26, 2015 (hereinafter “instant adjudication of expropriation”): Land in this case and its ground obstacles - date of expropriation - Compensation for losses: May 19, 2015 - Compensation for losses: The same shall apply to the following:

(The amount of business compensation is calculated on the basis of the period of suspension of business (the amount calculated on the basis of the period of suspension of business) - An appraisal corporation: A certified public appraisal corporation and a central appraisal corporation (hereinafter “appraisal of expropriation”).

D. The Central Land Tribunal’s ruling on objection (hereinafter “instant ruling”) dated July 16, 2015 - Contents of the ruling: The objection on business compensation is dismissed, and the compensation for losses for the instant land is partially increased as indicated below in the column for “compensation for objection” as indicated below - An appraisal corporation: a dialogue appraisal corporation and the Korea Appraisal Board (hereinafter “appraisal for objection”) (hereinafter “appraisal for objection”).

E. As a result of the court’s appraisal, A, an appraiser of the instant land, is entitled to adequate compensation for losses as indicated below in the court’s appraisal column.