Rights offering (paid-in capital increase) decision (subsidiary)

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A-Jin Industry / Rights offering decision (subsidiary) / (2026.07.28) Rights offering decision (subsidiary)

Rights Offering Decision (Subsidiary) Report on a material management matter of subsidiary Joon Georgia, Inc.

1. Type and number of new shares: Common shares 3,000 shares; Class shares: - 2. Par value per share (KRW): 14,654,000 3. Total shares issued before the capital increase: Common shares 7,800 shares; Class shares: - 4. Purpose of capital raising: Facility funds (KRW) 43,962,000,000; Business-acquisition funds (KRW): -; Working capital (KRW): -; Debt-repayment funds (KRW): -; Funds to acquire securities of another company (KRW): -; Other funds (KRW): - 5. Method of capital increase: Shareholder rights offering

[In the case of a shareholder rights offering] 6. New-share issue price: Fixed issue price, Common shares (KRW) 14,654,000; Class shares: -; Expected issue price, Common shares (KRW): -, Expected fixing date: -; Class shares (KRW): -, Expected fixing date: - 7. Method of determining the issue price: Par value 8. New-share allotment record date: - 9. Number of new shares allotted per existing share: 0.385 10. Preferential allotment ratio for employee stock ownership association members (%): - 11. Expected subscription date: Employee stock ownership association, Start date: -, End date: -; Existing shareholders, Start date: -, End date: - 12. Payment date: 2026-07-29 13. Plan for handling forfeited shares: - 14. Dividend-record start date for the new shares: - 15. Expected date of delivery of new share certificates: - 16. Lead underwriter (where not a direct public offering): - 17. Whether preemptive rights are transferable: Not applicable 18. Board resolution date (decision date): 2026-07-28 - Outside director attendance: Present (persons): 2; Absent (persons): - - Auditor (audit committee member who is not an outside director) attendance: Present 19. Whether a securities registration statement must be filed: No 20. If exempted from filing, the reason: The subsidiary is an overseas unlisted corporation and is not subject to the requirement to file a securities registration statement. 21. Whether subject to Fair Trade Commission reporting: No 22. Other matters for reference in investment decisions 1) Joon Georgia, Inc. is owned 83.33% by the company and 16.67% by subsidiary JOON, LLC. The company and JOON, LLC plan to subscribe US$25,000,000 and US$5,000,000, respectively, for a total capital increase of US$30,000,000. 2) The "purpose of capital raising" in Item 4 above is to fund increased facility investment for additional parts development and supply. 3) The "par value per share" in Item 2 above and the "new-share issue price" in Item 6 above are based on US$10,000, converted using Hana Bank's first-quoted exchange rate for the day (1 USD = KRW 1,465.40). 4) The "purpose of capital raising" in Item 4 above is based on US$30,000,000, converted using Hana Bank's first-quoted exchange rate for the day (1 USD = KRW 1,465.40). 5) The "payment date" in Item 12 above is the expected date of completion of payment, which may change depending on the company's progress; any change will be disclosed immediately through an amendment report. 6) In the "matters relating to the subsidiary" below, the "subsidiary's total assets" is based on separate financial statements as of the end of 2025, and the "controlling company's consolidated total assets" is based on consolidated financial statements as of the end of 2025, applying the year-end 2025 exchange rate of 1 USD = KRW 1,434.90.

Related disclosures: -

[Matters relating to the subsidiary] Subsidiary name: Joon Georgia, Inc. (English: Joon Georgia, Inc.) Representative: Seo Jung-ho Main business: Automotive parts manufacturing Whether a major subsidiary: Yes Total assets of the subsidiary (KRW): 524,067,534,150 Consolidated total assets of the controlling company (KRW): 1,538,069,814,204 As % of the controlling company's consolidated total assets: 34.07