A Happy New Year to all in our MOL group companies. There is a Japanese saying, "ichiyo-raifuku" (the return of spring), meaning that "the winter has left and the spring has come." It also means that "after a series of unfortunate things happened, things finally turning for the better." I would like to celebrate the beginning of a new year together with all of you by rewording this slightly this saying for MOL to "ichiyo-KENfuku", which alters the meaning to: "do not wait passively for favourable turn of situations, but rather be proactive to seize better opportunities through our own endeavours".

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