Material event report (treasury share disposal) (subsidiary)

What happened

Material Event Report / Exchange Reporting Obligation Report on Material Management Matters of Subsidiary Amorepacific Corporation To the Financial Services Commission / Korea Exchange July 30, 2026 Company name: Amorepacific Corporation CEO: Kim Seung-hwan Head office address: 100 Hangang-daero, Yongsan-gu, Seoul (Phone) 02-6040-5114 (Website) http://www.apgroup.com Preparer: (Title) Head of Legal Division (Name) Kim Jin-bong (Phone) 02-6040-4742

Decision on Disposal of Treasury Shares

1. Shares scheduled for disposal: common shares 28,317; other (preferred) shares 5,632 2. Share price for disposal (KRW): common shares 121,900; other (preferred) shares 41,550 3. Expected disposal amount (KRW): common shares 3,451,842,300; other (preferred) shares 234,009,600 4. Disposal period: start date 2026.08.03; end date 2026.08.25 5. Purpose of disposal: Payment of treasury shares to executives and employees as bonus compensation 6. Method of disposal: equal disposal to shareholders (shares) -; after-hours block trade (shares) -; off-exchange disposal (shares) -; other (shares) 33,949 7. Disposal counterparty: 397 executives and employees 8. Entrusted investment brokers: Mirae Asset Securities Co., Ltd. and NH Investment & Securities Co., Ltd. 9. Treasury share holdings before disposal: acquired within distributable profit limits: common shares 117,484 (ratio 0.17%), other shares - (ratio -); other acquisitions: common shares 1 (ratio 0.00%), other shares 6,333 (ratio 0.01%) 10. Holding/disposal plan: shareholders' meeting approval date 2026.03.26 11. Disposal decision date: 2026.07.30 - Attendance of independent (outside) directors*: present 6, absent 0 - Attendance of auditor (audit committee member who is not an independent (outside) director*): - 12. Daily sell order quantity limit: common shares -; other shares - * "Independent director" applies to listed companies and "outside director" to unlisted companies

13. Other matters material to investment decisions - The above "3. Expected disposal amount" is calculated by multiplying the number of shares scheduled for disposal by the share price for disposal (based on the closing price on the trading day before the board resolution date; Korea Exchange closing price on July 29, 2026: common shares KRW 121,900, preferred shares KRW 41,550). - The above "5. Purpose of disposal" relates to disposal under the company's stock-based compensation program (stock grants and RSUs) for executives and employees: 588 common shares will be paid to 42 employees as a SPIRIT BONUS (the employee SPIRIT BONUS program is a stock grant paid to members who contributed to the organization through behavior aligned with the company's values, and the recipient may sell the shares immediately upon receipt in their account); 27,729 common shares will be paid to 351 employees as a long-service award (stock grant); and 5,632 preferred shares will be paid to 4 executives as a stock grant. - The above "6. Method of disposal" will be carried out by direct transfer from the company's treasury share account to the recipients' securities accounts.

[Treasury Share Holdings Before the Treasury Share Disposal Decision] (Unit: shares)

Acquisition within distributable profit limits, direct acquisition, on-exchange: common shares; opening quantity 56,763; acquired (+) 75,476; disposed (-) 14,755; retired (-) -; closing quantity 117,484; note - Acquisition within distributable profit limits, direct acquisition, on-exchange: other shares; opening quantity -; acquired (+) -; disposed (-) -; retired (-) -; closing quantity -; note - Direct acquisition, off-exchange: common shares; opening quantity -; acquired (+) -; disposed (-) -; retired (-) -; closing quantity -; note - Direct acquisition, off-exchange: other shares; opening quantity -; acquired (+) -; disposed (-) -; retired (-) -; closing quantity -; note - Tender offer: common shares; opening quantity -; acquired (+) -; disposed (-) -; retired (-) -; closing quantity -; note - Tender offer: other shares; opening quantity -; acquired (+) -; disposed (-) -; retired (-) -; closing quantity -; note - Subtotal (a): common shares; opening quantity 56,763; acquired (+) 75,476; disposed (-) 14,755; retired (-) -; closing quantity 117,484; note - Subtotal (a): other shares; opening quantity -; acquired (+) -; disposed (-) -; retired (-) -; closing quantity -; note - Trust contract, trustee-held quantity: common shares; opening quantity -; acquired (+) -; disposed (-) -; retired (-) -; closing quantity -; note - Trust contract, trustee-held quantity: other shares; opening quantity -; acquired (+) -; disposed (-) -; retired (-) -; closing quantity -; note - Trust contract, in-kind holding quantity: common shares; opening quantity -; acquired (+) -; disposed (-) -; retired (-) -; closing quantity -; note - Trust contract, in-kind holding quantity: other shares; opening quantity -; acquired (+) -; disposed (-) -; retired (-) -; closing quantity -; note - Subtotal (b): common shares; opening quantity -; acquired (+) -; disposed (-) -; retired (-) -; closing quantity -; note - Subtotal (b): other shares; opening quantity -; acquired (+) -; disposed (-) -; retired (-) -; closing quantity -; note - Other acquisition (c): common shares; opening quantity 1; acquired (+) -; disposed (-) -; retired (-) -; closing quantity 1; note - Other acquisition (c): other shares; opening quantity 6,218; acquired (+) 115; disposed (-) -; retired (-) -; closing quantity 6,333; note - Total (a+b+c): common shares; opening quantity 56,764; acquired (+) 75,476; disposed (-) 14,755; retired (-) -; closing quantity 117,485; note - Total (a+b+c): other shares; opening quantity 6,218; acquired (+) 115; disposed (-) -; retired (-) -; closing quantity 6,333; note -

Note: The "opening quantity" above is the quantity held at the start of the fiscal year containing the disclosure document's preparation reference date, and the "closing quantity" is the quantity held as of the disclosure document's preparation reference date (the day before the board resolution date).

[Additional Disclosure Matters]

1. Relationship of each disposal counterparty to the company or the largest shareholder: related parties (the company's registered officers) of the largest shareholder Amorepacific Holdings Co., Ltd., and employees 2. Reason for selecting the disposal counterparties: persons who met the payment conditions for stock-based compensation under the company's stock compensation program were selected 3. Number of shares disposed per counterparty: common shares: 28,317 shares; preferred shares: 5,632 shares; total 33,949 shares 4. Basis for price determination: based on the Korea Exchange closing price on the trading day before the board resolution date 5. Expected dilutive effect on share value: the 28,317 common shares and 5,632 preferred shares being disposed of represent only 0.04% and 0.01%, respectively (0.05% combined), of the total shares issued (69,050,589 shares), so the resulting dilutive effect on share value is immaterial 6. Other matters material to investment decisions: the above number of shares to be disposed of may change in part due to changes in recipients during the disposal period, such as failure to meet payment conditions or departure from the company, relative to the board resolution date for the treasury share disposal