Excel Financial Services Co., Ltd.

Excel Financial Services (“EFS” or “the Company”) is a growing general insurance agency business in South Korea, with over 960 financial consultants operating through four divisions and 53 business units. EFS has product sales agreements in place with major life insurance companies, such as Samsung, Dongbu, Dongyang, Lina and ABL Life, and casualty insurance companies including Meritz Fire, KB, Hyundai, Lotte, Hanwha General, Dongbu and Samsung Fire. In anticipation of upcoming financial regulatory changes, the Company is planning to become a financial product sales company, adding a full range of financial products to its current insurance offerings.