KLab : Notice Concerning Partial Amendments to the Articles of Incorporation

(Amended parts are underlined)

Current Articles of Incorporation

Proposed Amendments

(Submission of Reference Documents for the Annual Shareholders

(Deleted)

Meeting, Etc. Deemed as Being Disclosed on the Internet)

Article 15 In convening the Annual Shareholders Meeting, the Company

is deemed to have provided to shareholders, information concerning

matters which are required to be described or indicated in Reference

Documents for the Annual Meeting of Shareholders, the Business

Report, the Financial Statements, and the Consolidated Financial

Statements, by disclosing them over the Internet in such a manner as set

forth in the ordinances of the Ministry of Justice.

(Newly Established)

(Electronic Submission Measures)

Article 15 The Company shall, at the time of convening the Annual

Shareholders Meeting, take electronic measures for the information contained

in the Reference Documents for the Annual Shareholders Meeting, Etc.

2. The Company may, with respect to all or part of the matters for which the

electronic submission measures are to be taken as prescribed by the

applicable ordinance of the Ministry of Justice, omit to state such matters in

the documents to be delivered to the shareholders who have requested the

delivery of the documents by the record date of voting rights.

(Supplementary Provisions)

(Transitional Measures Regarding Limited Liability Contracts for Outside

(Deleted)

Company Auditors Before the Transition to a Company with an Audit and

Supervisory Committee)

1. With regard to an agreement limiting the liability for damages set forth

in Article 423, Paragraph 1 of the Companies Act with regard to the acts

of Outside Company Auditors (including those who were Outside

Company Auditors) prior to the conclusion of the 16th Annual

Shareholders Meeting for the fiscal year ended December 31, 2015, the

provisions then in force shall remain applicable.

(Newly Established)

1. The deletion of Article 15 (Submission of Reference Documents for the

Annual Shareholders Meeting, Etc. Deemed as Being Disclosed on the

Internet) of the current Articles of Incorporation and the new establishment of

Article 15 (Electronic Submission Measures) of the proposed amendment

shall become effective as from the Date of Enforcement of the amended

provisions stipulated in the proviso of Article 1 of the Supplementary

Provisions of the Act for Partially Amending the Companies Act (Act No. 70 of

2019) (hereinafter referred to as the "Date of Enforcement").

2. Notwithstanding the provisions of the preceding paragraph, Article 15 of the

current Articles of Incorporation shall remain in force with respect to the

Annual Shareholders Meeting whose date shall be within six months from the

Date of Enforcement.

3. These Supplementary Provisions shall be deleted after the date on which

six months have elapsed from the Date of Enforcement or three months have

elapsed from the date of the Annual Shareholders Meeting set forth in the

preceding paragraph, whichever is later.