Internal Control System Statement

Based on the findings of a self-assessment, the Company states the following with regard to its internal control system for the year 2022:

1. The Company is fully aware that establishing, implementing and maintaining an internal control system is the responsibility of the Company's Board of Directors and managers, and the Company has already established such a system. Its purpose is to provide reasonable assurance of the achievement of objectives concerning the effectiveness and efficiency of operations (including profitability, performance and safeguarding of asset security), the reliability, timeliness and transparency of reporting, and compliance with applicable rules, laws and regulations.

2. An internal control system has inherent limitations. No matter how perfectly designed, an effective internal control system can provide only reasonable assurance of achieving the three objectives mentioned above; moreover, the effectiveness of an internal control system may change along with changes in environment or circumstances. However, the Company's internal control system contains self-monitoring mechanisms, and the Company takes immediate corrective action whenever a deficiency is identified.

3. Based on the criteria for assessing the effectiveness of internal control systems provided in the Regulations Governing Establishment of Internal Control Systems by Public Companies (hereinafter, the "Regulations"), the Company determines whether the design and implementation of its internal control system are effective. The criteria adopted by the "Regulations" for assessing internal control systems divide internal control into five components based on the process of management control:

• Control environment
• Risk assessment
• Control activities
• Information and communication
• Monitoring activities

Each component further contains several items. Please refer to the "Regulations" for details on the aforementioned items.

4. The Company has adopted the aforementioned criteria for assessing internal control systems to evaluate the effectiveness of the design and implementation of its internal control system.

5. Based on the findings of the evaluation mentioned in the preceding paragraph, the Company believes that, as of December 31, 2022, its internal control system (including the supervision and management of subsidiaries), including the design and implementation of internal controls related to understanding the degree of achievement of operational effectiveness and efficiency objectives, the reliability, timeliness and transparency of reporting, and compliance with applicable rules, laws and regulations, was effective, and can reasonably assure the achievement of the above-stated objectives.

6. This Statement will become a major part of the content of the Company's Annual Report and Prospectus, and will be made public. If any of the above content made public contains any false information or concealment, the Company will be subject to legal liability under Articles 20, 32, 171 and 174 of the Securities and Exchange Act.

7. This Statement was approved by the Board of Directors of the Company on March 13, 2023. Of the 9 directors in attendance, none held a dissenting opinion, and the remainder all agreed with the content of this Statement, which is hereby declared.