[Amended] Material event report (rights offering)

What happened

Material Event Report (Rights Offering Decision) 6.4 CrowdWorks Co., Ltd.

Amendment Report (Disclosure) August 21, 2026

1. Disclosure document subject to amendment: Material event report (rights offering decision) 2. Initial filing date of the disclosure document subject to amendment: December 16, 2025

3. Amended items Item: Withdrawal of the rights offering Reason: Withdrawal due to the original subscriber being deemed dissolved and lacking payment capacity, and the inability to select a replacement subscriber Before: - ; After: -

Material Event Report / Matters Subject to KRX Reporting Obligation To the Financial Services Commission / Korea Exchange December 16, 2025

Company name: CrowdWorks Co., Ltd. Representative Director: Kim Woo-seung Head office address: 5F, 309 Teheran-ro (Yeoksam-dong, Samsung Jeil Building), Gangnam-gu, Seoul (Phone) 02-6954-2960 (Website) http://crowdworks.ai Preparer: (Title) Director, Management Support Division (Name) Lee Mi-kyung (Phone) 02-6954-2960

Rights Offering Decision

1. Type and number of new shares: common shares -, other shares - 2. Par value per share (KRW): - 3. Total shares issued before the capital increase: common shares -, other shares -

4. Purpose of fundraising: Facility funds -, business-acquisition funds -, working capital -, debt-repayment funds -, funds to acquire securities of another company -, other funds -

5. Method of capital increase: Third-party allotment Matters concerning other classes of shares: articles-of-incorporation basis -, share terms -, other -

6. New share issue price: common shares -, other shares - 7. Reference share price: common shares -, other shares - 7-1. Basis for calculating the reference share price: the lower of (i) the simple average of the 1-month, 1-week, and most-recent-day volume-weighted average prices as of the business day before the board resolution date, and (ii) the most-recent-day volume-weighted average price 7-2. Discount or premium to the reference price (%): - 7-3. Basis for the discount/premium rate: - 8. Basis in the articles of incorporation for the third-party allotment: - 9. Payment date: - 10. Dividend record date for the new shares: - 11. Scheduled date to deliver new share certificates: - 12. Scheduled listing date of the new shares: -

13. Whether this constitutes a backdoor listing via in-kind contribution Whether there is an in-kind contribution: No Whether any in-kind contribution asset is unlisted-company stock: Not applicable Value of shares to be contributed in kind (KRW): -; Ratio to the Company's total assets for the most recent fiscal year (%): -; Number of shares to be contributed: -

14. Whether backdoor-listing requirements are met: Not applicable

15. Board resolution date (decision date): - Independent (outside) director* attendance: Present -, Absent - Auditor (audit committee member) attendance: -

16. Whether subject to securities registration statement filing: No 17. Reason exempted from filing: - 18. Whether within a period when subscription is prohibited due to short selling: No; Start date -; End date - 19. Whether subject to Fair Trade Commission reporting: Not applicable * Applies to independent directors for listed companies, and outside directors for unlisted companies

20. Other matters material to investment decisions Where the reference price is the lower of the two values described in 7-1 above, the following table applies (unit: shares, KRW): 1-month weighted average price (A): volume -, value -, price - 1-week weighted average price (B): volume -, value -, price - Most-recent-day weighted average price (C): volume -, value -, price - Simple average of (A), (B), (C) (D): - Reference price: the lower of (C) and (D): - Discount or premium rate (%): - Issue price: -

[Basis, Purpose, etc. of the Third-Party Allotment] Articles-of-incorporation basis for the third-party allotment: Article 10 (Pre-emptive Rights), (1) Shareholders have the right to be allotted new shares in proportion to their shareholding upon any share issuance. (2) Notwithstanding (1), the board may by resolution allot shares at a different ratio, or to persons other than shareholders, in the following cases: 1. a general public offering under Article 165-6 of the Capital Markets Act, within 50% of total issued shares; 2. priority allotment to an employee stock ownership plan, within 20% of the shares to be issued; 3. new shares issued upon exercise of stock options under Articles 340-2 and 542-3 of the Commercial Act; 4. depositary receipt (DR) issuance under Article 165-16 of the Capital Markets Act, within 20% of total issued shares; 5. priority allotment to foreign investors to attract needed foreign investment, within 20% of total issued shares; 6. allotment to Korea venture investment partnerships and related entities, new technology financing companies, SME venture capital companies, and institutional investors under the Corporate Tax Act, within 20% of total issued shares; 7. allotment under strategic alliances for technology introduction, business diversification, overseas expansion, or fundraising, within 20% of total issued shares; 8. urgent fundraising needs, issued to domestic or foreign corporations or individual investors at a fair market price by board resolution, within 20% of total issued shares; 9. shares offered or underwritten for a KOSDAQ listing; 10. shares issued to the lead underwriter for an IPO, within 10% of the total offered shares. (3) The board decides how to treat waived, forfeited, or fractional subscription rights. (4) Where new shares are issued under any item of (2), the board determines the class, number, and price of shares issued. Purpose of the third-party allotment: Company working capital and acquisition of another company's shares

[Specific Use of Funds Raised through the Third-Party Allotment] [Working capital / other funds] (unit: KRW million) Fund use: Other funds, detail: Withdrawal of rights offering, planned use by year: this year -, next year -, thereafter -, total -

[Selection Background, Transaction History, and Allotment Details by Third-Party Allottee] Allottee: -; Relationship with the Company or largest shareholder: -; Selection background: -; Transaction history and plans within 6 months before and after the decision: -; Shares allotted: -; Remarks: -