Innoax

296640 · KOSDAQ · Information Technology · SMALL CAP

Completion report on merger, etc. (asset transfer)

Innoax completed the transfer of 952,925 common shares of Agilesoda Inc. to NongHyup Bank for US$4.51M on 2026-07-15, concluding the transaction disclosed in its June 22, 2026 material event report.

M&A(Completion report on merger, etc. (asset transfer))· FILED 2026-07-15· RCEPT 20260715000504

What happened

Completion report on merger, etc. (asset transfer), Innoax Co., Ltd.

To the Governor of the Financial Supervisory Service July 15, 2026 Company name: Innoax Co., Ltd. Representative Directors: Jang In-su, Shim Hyun-sup Head office address: 7, Beopwon-ro 6-gil, 12F, Songpa-gu, Seoul (Mundong-dong, Yutop Tech Valley) (Phone) 02-416-2501 (Website) http://www.inno-ax.com Person responsible for preparation: (Title) Co-CEO (Name) Shim Hyun-sup (Phone) 02-416-2501

I. Schedule This completion report concerns the material event report (decision to transfer shares and equity securities of another company) disclosed on June 22, 2026. The share transfer amount was KRW 6,700,015,675; as of July 15, 2026 the transfer of shares and receipt of the transaction proceeds were completed, and it is hereby reported that this transaction has been concluded.

1. Transaction details Asset transferred: 952,925 common shares of Agilesoda Inc. Transfer amount: KRW 6,700,015,675 Transaction method: share transfer followed by cash receipt Transferee: NongHyup Bank Co., Ltd. Transferor: Innoax Co., Ltd.

2. Asset transfer schedule External valuation contract execution date: June 5, 2026 (Accounting firm Donghaeng) External valuation period: June 5, 2026 to June 21, 2026 Board resolution date: June 22, 2026 Material event report filing date: June 22, 2026 Share transfer date: July 15, 2026 (952,925 shares) Proceeds receipt date / transaction completion date: July 15, 2026 (KRW 6,700,015,675)

II. Changes in shareholding of the largest shareholder, etc.: Not applicable. III. Exercise of appraisal rights: Not applicable. IV. Matters concerning creditor protection: Not applicable. V. Status of related litigation: Not applicable. VI. Matters concerning new share allotment, etc.: Not applicable.

VII. Summary financial information before and after the transaction (Unit: KRW million) Assets, Current assets: before 18,821; increase/(decrease) 6,700; after 25,521. Assets, Non-current assets: before 20,106; increase/(decrease) -2,508; after 17,598. Total assets: before 38,927; increase/(decrease) 4,192; after 43,119. Liabilities, Current liabilities: before 4,148; increase/(decrease) 23; after 4,171. Liabilities, Non-current liabilities: before 904; increase/(decrease) -; after 904. Total liabilities: before 5,052; increase/(decrease) 23; after 5,075. Equity, Capital stock: before 2,589; increase/(decrease) -; after 2,589. Equity, Other paid-in capital: before 16,902; increase/(decrease) -; after 16,902. Equity, Retained earnings (accumulated deficit): before 14,384; increase/(decrease) 4,169; after 18,553. Total equity: before 33,875; increase/(decrease) 4,169; after 38,044.

Note 1) The "before" summary financial information above was prepared based on the separate financial statements most recently filed as of March 31, 2026. Note 2) The "after" summary financial information above reflects only a simple addition/subtraction of amounts related to this asset transfer (including securities transaction tax), and may differ from actual financial information.

Filed2026-07-15, Completion report on merger, etc. (asset transfer)
SourceDART rcept 20260715000504 → open original filing

Source: DART. Information only, not investment advice.

For informational purposes only. This is not investment advice, a recommendation, or a solicitation to buy or sell any security. Do your own research; any investment decision is your own responsibility.

Data from DART, Korea's official corporate-filing system. Data sourced from official DART filings. Accuracy is not guaranteed. Figures are as of the date shown. As of 2026-07-15 (KST). · Converted at 1 USD ≈ ₩1,325 (rate of 2026-10-21).