3.Corporate Matters and Procedure

In principle, a company is incorporated under the Companies Act and must observe various regulations thereunder. The main procedural matters under the Companies Act are convening and holding shareholder and board meetings, and preparation of minutes, management changes, relocation of the head office and amendments to the articles of incorporation. In addition, there are matters related to shares, such as the issuance of new shares, the grant of stock options, the issuance of bonds and stock splits.