CrowdWorks

355390 · KOSDAQ · Information Technology · SMALL CAP

Material event report (equity acquisition)

CrowdWorks Co., Ltd.'s board resolved on August 6, 2026 to acquire 2,726,100 shares (a 4.8% stake) of Daeyang Metal Co., Ltd. from DYM Partners Co., Ltd. for US$8.44M, aiming to diversify its data business through manufacturing-sector collaboration; the deal equals 29.53% of CrowdWorks' total assets and 71.36% of its equity.

M&A(Material event report (equity acquisition))· FILED 2026-08-06· RCEPT 20260806000420

What happened

Equity and capital-contribution securities acquisition decision in another company 6.1, CrowdWorks Co., Ltd.

Material event report / Matter subject to Korea Exchange reporting obligation To the Financial Services Commission / Korea Exchange August 6, 2026 Company name: CrowdWorks Co., Ltd. Representative Director: Kim Kwang-il Head office address: 5th floor, 309 Teheran-ro, Gangnam-gu, Seoul (Yeoksam-dong, Samsung Jeil Building) (Tel) 02-6954-2960 (Website) http://crowdworks.ai Preparer in charge: (Title) Executive Director, Management Support Division (Name) Kang Yoo-jin (Tel) 02-6954-2960

Decision to acquire equity and capital-contribution securities in another company

1. Issuing company Company name: Daeyang Metal Co., Ltd. Nationality: Republic of Korea Representative: Jo Sang-jong Capital (KRW): 28,368,137,500 Relationship with the company: - Total issued shares (shares): 56,736,275 Main business: Manufacture and sale of cold-rolled stainless steel sheets Whether shares were acquired through third-party allotment within the past 6 months: Not applicable

2. Acquisition details Shares acquired (shares): 2,726,100 Acquisition amount (KRW) (A): 11,997,566,100 Total assets (KRW) (B): 40,631,651,686 Ratio to total assets (%) (A/B): 29.53 Equity (KRW) (C): 16,813,586,131 Ratio to equity (%) (A/C): 71.36

3. Shares held and equity ratio after acquisition Shares held (shares): 2,726,100 Equity ratio (%): 4.8

4. Purpose of acquisition: To diversify and create synergy with manufacturing-sector data through cooperation with a manufacturing-based company, and to secure a new growth engine, etc.

5. Expected acquisition date: August 10, 2026

6. Counterparty Company name (name): DYM Partners Co., Ltd. Capital (KRW): 100,000,000 Main business: Management consulting Head office address: 3rd floor, Unit 364, 36 Nonhyeon-ro 168-gil, Gangnam-gu, Seoul Relationship with the company: -

7. Payment of transaction proceeds 1) Payment method: Cash payment 2) Payment timing: The down payment (30%) is deemed satisfied by the deposit paid before execution of the main contract; the interim payment (35%) is paid on the contract date; the balance (35%) is paid on August 10, 2026 3) Source of funding: The Company's own funds

8. Matters concerning external appraisal Whether an external appraisal was conducted: Yes Basis and reason: 1. Basis: For use as an attachment to the material event report to be submitted to the Financial Services Commission pursuant to Article 161 of the Financial Investment Services and Capital Markets Act and Article 171 of its Enforcement Decree. 2. Reason: To provide reference material for assessing the appropriateness of the acquisition price in acquiring shares of the issuing company, and for use as an attachment to the material event report that the Company submits pursuant to the Financial Investment Services and Capital Markets Act. Name of the external appraisal institution: Donghaeng Accounting Corporation External appraisal period: July 29, 2026 - August 4, 2026 External appraisal opinion: Based on the appraiser's review, the per-share reference market price of the shares to be acquired is KRW 1,733, and the per-share value applying a control premium ranges from a minimum of KRW 1,402 to a maximum of KRW 4,923. Accordingly, as the Company's acquisition price of KRW 4,401 per share falls within the range of per-share values reflecting the control premium, no basis was found to conclude that the acquisition amount is inappropriate from a materiality perspective.

9. Board resolution (decision) date: August 6, 2026 - Independent (outside) director* attendance: Present 1; Absent 0 - Attendance of auditor (audit committee member who is not an independent (outside) director*): Present

10. Whether this constitutes a backdoor listing: Not applicable - Whether there is a plan for a third-party-allotted capital increase, etc., within the next 6 months: Not applicable

11. Whether the issuing company (the other company) meets the backdoor-listing requirements: Not applicable

12. Whether subject to Fair Trade Commission reporting: Not applicable

13. Whether a put-option or similar contract has been concluded: No - Contract details: - * For listed companies, "independent director"; for unlisted companies, "outside director" applies.

14. Future plans concerning company restructuring: As of the date of submission of this report, the Company has not determined any specific plan concerning future restructuring.

15. Other important matters relevant to investment decisions 1) The above "1. Issuing company's capital and total issued shares" are as of the disclosure filing date. 2) The "total assets and equity" in "2. Acquisition details" above are based on the consolidated financial statements prepared in accordance with Korean International Financial Reporting Standards as of the end of 2025. 3) The "5. Expected acquisition date" above is the transaction closing date and may change depending on progress. 4) The "capital" of the "6. Counterparty" above is as of the end of 2025. 5) For other matters concerning the issuing company, please refer to the attached "External Institution's Opinion." 6) The issuing company's financial information is prepared as of the end of the current year (2025), the previous year (2024), and the year before that (2023).

* Related disclosures: Not applicable

[Summary financial status of the issuing company] (Unit: KRW million) Category: Total assets; Total liabilities; Total equity; Capital stock; Revenue; Net income; Audit opinion; External auditor Current year: 144,442; 44,358; 100,084; 27,971; 223,407; 9,399; Unqualified; Donghyun Accounting Corporation Previous year: 140,279; 49,894; 90,385; 37,555; 215,563; -15,109; Unqualified; Donghyun Accounting Corporation Year before that: 151,057; 53,311; 97,746; 35,224; 200,970; -19,436; Unqualified; Samil PricewaterhouseCoopers

[Matters concerning the counterparty] 1. Personal details - basic matters Name (title): DYM Partners Co., Ltd. Nationality: Republic of Korea Address (head office address) [listed only down to district/town level]: Nonhyeon-ro, Gangnam-gu, Seoul Occupation (business details): Management consulting - Status and financial condition, etc. of the largest shareholder/representative director/representative executive officer Category: Largest shareholder; Name Kong Gap-sang; Shares 100,000; Equity ratio (%) 50.0 Category: Representative director; Name Kong Gap-sang; Shares 100,000; Equity ratio (%) 50.0 (Unit: KRW million) Most recent fiscal year: 2025; Settlement period: December 31; Total assets: 12,751; Capital stock: 100; Total liabilities: 12,763; Revenue: 0; Total equity: -12; Net income (loss): -4; External auditor: -; Business suspension: No; Audit opinion: -; Closure of business: No

2. Relationship with the relevant corporation or its largest shareholder/officers - Relationship between the relevant corporation and the counterparty: - - Relationship between the relevant corporation's largest shareholder/officers and the counterparty: Name -; Relationship with counterparty -

3. Transaction history over the past 3 years (excluding ordinary transactions) Category: Transaction details; Current year -; Previous year -; Year before that -

Filed2026-08-06, Material event report (equity acquisition)
SourceDART rcept 20260806000420 → 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 2026-08-06 (KST). · Converted at 1 USD ≈ ₩1,325 (rate of 2026-10-21).