THIS INFORMATION (THE “INFORMATION”) IS LIMITED TO KOREA STOCK AND IS BEING PROVIDED TO YOU (YOU OR “RECIPIENT”) FOR THE PURPOSE OF FACILITATING THE EXECUTION OF ORDERS PLACED BY THE CUSTOMERS OF MORGAN STANLEY & CO. INTERNATIONAL PLC SEOUL BRANCH(“MSK”) TO THE EXTENT PERMITTED BY APPLICABLE LAWS AND REGULATIONS OF KOREA. PURSUANT TO SUCH LAWS AND REGULATIONS, MSK OR ITS AFFILIATES PROVIDE THIS INFORMATION ONLY UPON THE CONDITION THAT THE RECIPIENT SHALL NEITHER (i) CONDUCT ANY TRANSACTION TAKING ADVANTAGE OF THE PRICE VARIATION OR FLUCTUATION EXPECTED IN LIGHT OF THE INFORMATION NOR (ii) CONVEY ANY PART OR ALL OF THE INFORMATION TO A THIRD PARTY. YOU SHALL BE SOLELY RESPONSIBLE FOR ANY VIOLATIONS OF APPLICABLE LAWS AND REGULATIONS. THE RECIPIENTS ARE INFORMED THAT INFORMATION ON THEIR ORDERS PLACED WITH MSK MAY BE PROVIDED TO OTHER CUSTOMERS OF MSK IN FORM OF AN INDICATION OF INTEREST, UNLESS MSK IS NOTIFIED OTHERWISE BY SUCH RECIPIENT.