Page 46 - 2018 MSC HR Policy

5. Termination of employment without severance pay

Employee of permanent full-time employment will be terminated without severance pay when the
employee commits serious offences as described in Chapter 10, item 3.2.

6. Termination of employment with special severance pay

The employee will be entitled to special severance pay at the rate and conditions prescribed by Labor Law
for the following conditions:

6.1 The Company plans to relocate the place of business to another place and informs the employee of

not less than 30 days prior to the date of relocation but the employee refuses to go to work in the new
location, considering that it significantly affects to the normal living of his or her family, and decides
to terminate the contract of employment.

6.2 The Company contemplates termination of employee as stated in 4.5 but do not notify the employee
and the Labor Inspector in less than 60 days before the date of contemplated termination, then the
employee will be entitled to special severance payment.

HUMAN RESOURCES POLICY Page 46 of 49
VERSION: HR001-2018, JANUARY 1, 2018