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Shareholder Company

Fitch Ratings

Fitch Ratings is a leading global rating agency committed to providing the world's credit markets with independent, timely and prospective credit opinions. Built on a foundation of organic growth and strategic acquisitions, Fitch Ratings has grown rapidly during the past decade gaining market presence throughout the world and across all fixed income markets. Fitch Ratings is dual-headquartered in New York and London, operating offices and joint ventures in more than 50 locations and covering entities in more than 80 countries.

Fitch Ratings
President and Chief Executive Officer Paul Taylor
United states office One State Street Plaza New York, NY 10004 (phone +1 212 908 0500)
United kingdom office 30 North Colonnade, Canary Wharf, London E14 5GN, United Kingdom (phone +44 203 530 1000)
URL www.fitchratings.com

Subsidiaries

E Credible

Founded in August 2001, eCredible is Korea's largest company that provides credit certification service to SMEs.
It provides various services including digital networking authentication (DNA), e-rating for government agencies and
public organizations, technology credit bureau (TCB) services to secure transparency in B2B transactions and create a
reliable transaction culture. In October 2008, eCredible was listed on the KOSDAQ market and became a public company.

E Credible
Representative Jin-Ok Lee
Address 8F Samsung IT Valley, 27, Digital-ro 33-gil, Guro-gu, Seoul, Korea
Main Services DNA, e-rating, TCB
E-mail ecredible@ecredible.co.kr
URL www.ecredible.co.kr
TAMZ

In June 2012, eCredible Networks was established through the spinoff of the B2B business of eCredible with the aim
of securing a stable means of payment for B2B transactions and thus create a reliable and proper transaction culture.
It provides B2B e-commerce payment service called TAMZ, which builds a platform for properly-operating businesses
transactions between companies.

TAMZ
URL www.tamz.co.kr
Foundation 1 June 2012
Capital KRW 1.5 billion
Main Services Financial services, business consulting for SMEs, consulting on corporate rehabilitation
Head Office 510, Samsung IT Valley, 197-5, Guro-dong, Guro-gu, Seoul, Korea