1. Date the punishment was imposed: July 1, 2019

2. Recipient of the punishment: Former Sales Representative of KGI Securities, Huang ○○.

3. Legal basis of the punishment: Article 56(If any director, supervisor, or employee of a securities firm is found to have committed any act which violates this Act or another related act or regulation, and if such violation may affect the normal operation of the said securities firm, the Competent Authority, in addition to ordering the said securities firm to suspend business operation of such person for not more than one year or discharge such person at any time, may also impose sanctions in accordance with Article 66 depending on the severity of the violation.) of the Securities and Exchange Act and the subparagraph 17 of Paragraph 2 of Article 18(Except where otherwise provided by law or regulation, responsible persons and associated persons of a securities firm may not engage in the following conduct:7.Subscribing or trading securities in the name of the customer or by using the customer''s account.) of the Regulations Governing Responsible Persons and Associated Persons of Securities Firms.

4. Facts of the violation and reasons: The former sales representative of KGI Securities, Huang ○○, traded the securities on behalf of customers.

5. The disciplinary action: According to Article 56 of the Securities and Exchange Act, KGI Securities is ordered to suspend the former sales representative, Huang ○○, from carrying out business for one month.