Core Viewpoint - The Federal Reserve, represented by Logan, indicates that if the recent rise in repo rates is not a temporary phenomenon, the Fed will need to start purchasing assets [1] Group 1 - The recent increase in repo rates may signal a need for intervention by the Federal Reserve [1] - The Federal Reserve's potential asset purchases could impact liquidity in the financial markets [1]

Group 1 - The company held its fifth board meeting on August 21, 2025, with all seven directors participating in the voting process [1][2] - The board approved several key proposals, including the purchase of assets and related party transactions, which were reviewed by the audit committee and independent directors [1][3] - The board also approved the appointment of a new board secretary, with the decision being unanimously supported by all voting members [2][3] Group 2 - A proposal to change the implementation subject of a major asset purchase and sign a supplementary agreement was also approved, with unanimous support from the board [3][4] - The board confirmed that the adjustments to the transaction plan do not constitute significant changes, receiving unanimous approval [3][4]