[Amended] Merger decision (subsidiary)

A later amendment corrects this filing, so the terms on this page may be out of date. See the latest version (2026-08-31) →

What happened

Simmtech Holdings / Merger decision (subsidiary) / (2026-07-15)

Amendment report Amendment date: 2026-07-15 1. Disclosure document being amended: Merger decision (subsidiary) 2. Filing date of the original disclosure document: 2026-06-30 3. Reason for amendment: amendment of the "expected merger registration date" due to delays in registration review and administrative procedures by overseas authorities 4. Amended items Item 8. Merger schedule, Expected merger registration date: before amendment 2026-07-15; after amendment 2026-09-30

- Merger decision (subsidiary), Report on material matters concerning subsidiary SIMMTECH INTERNATIONAL PTE. LTD.

1. Method of merger: SIMMTECH INTERNATIONAL PTE. LTD. will absorb-merge SIMMTECH ASIA OPERATION PTE. LTD. - Surviving entity: SIMMTECH INTERNATIONAL PTE. LTD. - Dissolved entity: SIMMTECH ASIA OPERATION PTE. LTD.

2. Purpose of the merger: improving management efficiency through merger of subsidiaries

3. Merger ratio: 0.0000000

4. Basis for calculating the merger ratio: the merging company, SIMMTECH INTERNATIONAL PTE. LTD., owns 100% of the equity of the merger counterparty, SIMMTECH ASIA OPERATION PTE. LTD., and since no new shares will be issued in this merger, the merger ratio was calculated as above. Corporate value: surviving company -; dissolved company -

5. Type and number of new merger shares (shares): common shares -; preferred/special shares -

6. Merger counterparty Company name: SIMMTECH ASIA OPERATION PTE. LTD. Main business: investment in and management advisory for overseas subsidiaries Relationship with the company: affiliate Financial details for the most recent fiscal year (KRW million): Total assets 74,900; Capital stock 114,792; Total liabilities 16,999; Revenue -; Total equity 57,901; Net income -23,280

7. Newly formed merger company: company name -; capital (KRW) -; main business -

8. Merger schedule Expected shareholders' meeting date: 2026-06-30 Old share certificate submission period: start -; end - Creditor objection period: start -; end - Merger date: 2026-06-30 Expected merger registration date: 2026-09-30 Expected new share certificate delivery date: -

9. Matters concerning appraisal rights: this merger is a short-form merger proceeding under Section 215D of the Singapore Companies Act. Accordingly, no shareholder appraisal right or share buy-back claim right equivalent to the statutory Korean appraisal right arises under Singapore law in connection with this merger.

10. Board resolution date (determination date): 2026-06-30, outside directors present: -; absent: -; auditor (audit committee member) attendance: -

11. Future plans for corporate restructuring: as of the filing date of this report, there are no confirmed matters regarding corporate restructuring being pursued or planned following completion of the merger.

12. Other matters for investment reference 1. This disclosure is made because the Company's major subsidiary SIMMTECH INTERNATIONAL PTE. LTD. (surviving) has decided to absorb-merge the Company's subsidiary SIMMTECH ASIA OPERATION PTE. LTD. (dissolved). 2. This is a merger between subsidiaries of the parent company, Simmtech Holdings Co., Ltd., and has no effect on the parent company's consolidated financial statements. 3. The financial details for the most recent fiscal year under "6. Merger counterparty" above, and each "total assets" figure under "[Matters concerning the subsidiary]" below, are based on separate (non-consolidated) financial statements as of the end of 2025. 4. "8. Merger schedule" above reflects expected dates as of the time of this disclosure and may change depending on local laws and registration procedures.

Related disclosures: - Related disclosure regulations: Financial Investment Services and Capital Markets Act

[Matters concerning the subsidiary] Subsidiary name: SIMMTECH INTERNATIONAL PTE. LTD. (English: SIMMTECH INTERNATIONAL PTE. LTD.) Representative: Jun Young-sun Main business: integrated management of overseas subsidiaries Whether it is a major subsidiary: Yes Total assets of the subsidiary (KRW): 385,045,381,591 Consolidated total assets of the parent company (KRW): 1,596,446,603,155 As % of parent company's consolidated total assets: 24.12