Motrex

118990 · KOSDAQ · Consumer Discretionary · SMALL CAP

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

Motrex EFM Co., Ltd., a subsidiary of Motrex, will issue 6,113 new common shares at US$16.7K per share in a rights offering to existing shareholders, raising US$102M used mainly to fund Motrex EFM's acquisition of Dual Co., Ltd. shares.

Capital raise(Rights offering (paid-in capital increase) decision (subsidiary))· FILED 2026-07-31· RCEPT 20260731900001

What happened

Motrex / Rights offering decision (subsidiary's material management matter) / (2026.07.31) Rights offering decision (subsidiary's material management matter)

Rights offering decision (subsidiary's material management matter) Material management matter report on Motrex EFM Co., Ltd., a subsidiary

1. Type and number of new shares: Common shares: 6,113; Class shares: - 2. Par value per share (KRW): 5,000 3. Total shares issued before the capital increase: Common shares: 10,000; Class shares: - 4. Purpose of fundraising: Facility funds (KRW): -; Business acquisition funds (KRW): -; Working capital (KRW): -; Debt repayment funds (KRW): -; Funds to acquire securities of other companies (KRW): 145,199,344,263; Other funds (KRW): - 5. Method of capital increase: Rights offering to existing shareholders

[In the case of a rights offering to existing shareholders] 6. New share issue price: Fixed issue price -- Common shares (KRW): 23,752,551; Class shares (KRW): -; Expected issue price -- Common shares (KRW): -; Expected fixing date: -; Class shares (KRW): -; Expected fixing date: - 7. Method of determining the issue price: Determined by the board of directors of Motrex EFM Co., Ltd. after review and consultation 8. New share allotment record date: 2026-07-30 9. Number of new shares allotted per share: 0.6113 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 2026-07-30; end date 2026-07-30 12. Payment date: 2026-07-30 13. Treatment plan for forfeited shares: - 14. Dividend record start date for new shares: 2026-01-01 15. Expected date of delivery of new share certificates: - 16. Lead underwriter (if not a direct public offering): - 17. Whether subscription rights are transferable: Not applicable 18. Board resolution date (decision date): 2026-07-30; Outside director attendance -- present (number): -; absent (number): -; Attendance of statutory auditor (audit committee member who is not an outside director): Present 19. Whether a securities registration statement must be filed: No 20. If exempted from filing, the reason: The issuing company is an unlisted entity, and this does not constitute a public offering or sale of securities under the Financial Investment Services and Capital Markets Act and its Enforcement Decree. 21. Whether subject to Fair Trade Commission reporting: No 22. Other matters for reference in investment decisions This disclosure concerns Motrex EFM Co., Ltd., a subsidiary of the Company. Of the "purpose of fundraising" in item 4 above, the "funds to acquire securities of other companies" will be used to pay the purchase price for acquiring shares of Dual Co., Ltd. under the share purchase agreement dated April 30, 2026. Of the above new share issuance proceeds, KRW 4,988,035,710 will be paid in by Mobilis Co., Ltd. by offsetting a loan receivable it holds against the Company against its share-subscription payment obligation, and the remaining KRW 140,211,308,553 will be paid in cash. The above schedule and fund-use plan may change depending on consultations with relevant authorities, contract execution and progress, etc.

Related disclosures: 2026-04-30 Decision to acquire shares and equity securities of other companies (subsidiary's material management matter)

[Matters concerning the subsidiary] Subsidiary name: Motrex EFM Co., Ltd. (English: Motrex EFM Co., Ltd.) Representative: Lee Hyung-hwan, Kim Ki-tae Main business: Manufacture and sale of automotive interior materials Whether a major subsidiary: Not applicable Subsidiary's total assets (KRW): 84,788,512,290 Parent company's consolidated total assets (KRW): 924,831,761,070 Ratio to parent company's consolidated total assets (%): 9.17

Filed2026-07-31, Rights offering (paid-in capital increase) decision (subsidiary)
SourceDART rcept 20260731900001 → 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 2026-07-31 (KST). · Converted at 1 USD ≈ ₩1,325 (rate of 2026-10-21).