SBI Savings Bank Inc. announced a private placement of shares at a price of KRW 5 per share on June 9, 2014. The transaction will include participation from existing investor, SBI Holdings, Inc. for KRW 135,000,000 by subscribing to 26,997,921 shares and Yoshitake Inc. The stake of SBI Holdings, Inc., which currently holds 149,352,673 shares and will hold 176,350,594 shares upon closing, will increase from 96.9% to 97.4% upon closing. The transaction is expected around the middle of June 2014. Yoshitake Inc. will invest an aggregate of KRW 180 billion in two companies including SBI Savings Bank Inc. and SBI 2 Savings Bank Co.,Ltd. The share subscription agreement signing date is June 11, 2014 and payment date is June 12, 2014.

On June 12, 2014, SBI Savings Bank Inc. closed the transaction.