TOP RUN Total Solution

336680 · KOSDAQ · Information Technology · SMALL CAP

[Amended] Business acquisition decision (subsidiary)

TOP RUN Total Solution's subsidiary TOP RUN CHINA NANJING CO., LTD. amends its February 9, 2026 disclosure on acquiring LG Display Nanjing's automotive display module business to push the expected closing date from July 30, 2026 to September 30, 2026; the US$71.6M acquisition price and all other terms remain unchanged.

M&A([Amended] Business acquisition decision (subsidiary))· FILED 2026-07-28· RCEPT 20260728900671

What happened

TOP RUN Total Solution / Business acquisition decision (subsidiary) / (2026.07.28) Business acquisition decision (subsidiary)

Amendment Report (Filing), Amendment date: 2026-07-28 1. Disclosure document related to the amendment: Business acquisition decision (subsidiary) 2. Filing date of the disclosure document related to the amendment: 2026-02-09 3. Reason for amendment: Amendment due to a change in the expected acquisition-completion date 4. Amended item

Item: 5. Expected acquisition date Before amendment: 2026-07-30 After amendment: 2026-09-30

This amendment revises the deal closing date (expected acquisition date, etc.) to reflect the time needed for the administrative procedures (completion of asset/contract transfer and related licensing/approval procedures) required to implement the business transfer-and-acquisition agreement. Note for investment decisions: The acquisition price, counterparty, subject matter and other terms of the business acquisition agreement remain the same as in the original disclosure (February 9, 2026); there is no change to the deal terms.

Business Acquisition Decision (Subsidiary) Report on a material management matter of subsidiary TOP RUN CHINA NANJING CO., LTD.

1. Business acquired: Commencement of acquisition of LG DISPLAY NANJING CO., LTD.'s automotive display module business 2. Key details of the business acquired: LG DISPLAY NANJING CO., LTD.'s automotive display module business - The business as a whole, including all assets, contracts, rights and personnel related to the automotive display module business - Assets and liabilities contracted as agreed between the acquirer and the transferor as of the reference date 3. Acquisition price (KRW): 104,109,530,000 4. Purpose of acquisition: Securing future growth engines based on this business acquisition 5. Expected acquisition date: 2026-09-30 6. Details of the transferring company: Company name LG DISPLAY NANJING CO., LTD.; Capital (KRW) 453,925,748,622; Main business: Manufacture and sale of display products; Head office location: China; Relationship with the company: - 7. Effect of the business acquisition: Expansion of sales and profit for TOP RUN CHINA NANJING CO., LTD. through entry into the modular business 8. Matters relating to appraisal rights: - 9. Expected date of the general shareholders' meeting: - 10. Board resolution date (decision date): 2026-02-09 - Outside director attendance: Present (persons): -; Absent (persons): - - Auditor (audit committee member) attendance: Present 11. Whether subject to Fair Trade Commission reporting: Not applicable 12. Future plans regarding corporate restructuring: - 13. Other matters for reference in investment decisions - LG DISPLAY NANJING CO., LTD. is a customer of the company's overseas subsidiary. - The "acquisition price" in Item 3 above is RMB 491,500,000 converted at the initial base exchange rate quoted on February 9 (1 RMB = KRW 211.82); the amount may change depending on changes in assets and liabilities at the time of acquisition. - The "expected acquisition date" in Item 5 above may change due to consultations between the contracting parties or other circumstances. - Of the "details of the transferring company" in Item 6 above, the capital figure is LG DISPLAY NANJING CO., LTD.'s capital as reflected in LG Display Co., Ltd.'s 2024 consolidated financial statements. - The above schedule and content may change depending on future progress, and any change will be disclosed through an amendment report. - The total assets of the subsidiary below and the consolidated total assets of the controlling company below are as of December 31, 2024, prepared under K-IFRS. - This disclosure was made because the asset amount of the business being acquired is 10% or more of the most recent fiscal year's total assets on a consolidated basis.

Related disclosures: -

[Matters relating to the subsidiary] Subsidiary name: TOP RUN CHINA NANJING CO., LTD. (English: TOP RUN CHINA NANJING CO., LTD.) Representative: Gok Seol-bi Main business: Manufacture and sale of display BLUs Whether a major subsidiary: Yes Total assets of the subsidiary (KRW): 76,306,686,690 Consolidated total assets of the controlling company (KRW): 452,487,709,443 As % of the controlling company's consolidated total assets: 16.86

Filed2026-07-28, [Amended] Business acquisition decision (subsidiary)
SourceDART rcept 20260728900671 → open original filing

Versions of this filing

  1. 2026-02-09Original
  2. 2026-02-09Amendment 1
  3. 2026-07-28Amendment 2 (this page)

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 2026-07-28 (KST). · Converted at 1 USD ≈ ₩1,325 (rate of 2026-10-21).