

| KAKAO CORP | 27/03/2015 AGM | |
|---|---|---|
| 1 | Approve the Financial Statements and allocation of income | Oppose |
| 2 | Amend Articles | Oppose |
| 3.1 | Elect Lee Suk-Woo | For |
| 3.2 | Elect Choi Joon-Ho | Oppose |
| 3.3 | Elect Cho Min-Sik | Oppose |
| 3.4 | Elect Choi Jae-Hong | Oppose |
| 3.5 | Elect Piao Yanli | Oppose |
| 4.1 | Elect Cho Min-Sik as a member of the Audit Committee | Oppose |
| 4.2 | Elect Choi Joon-Ho as a member of the Audit Committee | Oppose |
| 4.3 | Elect Choi Jae-Hong as a member of the Audit Committee | Oppose |
| 5 | Approve total remuneration of inside directors and outside directors | Oppose |