Material event report (decision to redeem own convertible bonds early)

What happened

Material Event Report (Decision to Acquire Own Convertible Bonds Before Maturity) 6.0 KR Motors Co., Ltd.

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

August 21, 2026

Company name: KR Motors Co., Ltd. Representative Director: Jung Jae-kyung Head office address: 28 Wanam-ro, Seongsan-gu, Changwon-si, Gyeongsangnam-do (Phone) 055-282-7011 (Website) http://www.krmotors.com Preparer: (Title) Executive Vice President (Name) Han Chang-su (Phone) 055-269-7388

Decision to Acquire Own Convertible Bonds Before Maturity

1. Type of bonds: Series 56, bearer-form private placement convertible bonds 2. Bond issuance date: March 31, 2026 3. Bond issuance method: Private placement 4. Bond maturity date: June 30, 2030 5. Total face value (electronically registered) of the bonds (KRW): 2,000,000,000 6. Face value (electronically registered) of the bonds subject to acquisition (KRW): 1,500,000,000 7. Date of acquisition decision: August 21, 2026

8. Acquisition amount Amount (KRW): 1,500,000,000 Basis for calculation: Scheduled principal repayment date Scheduled payment date: August 21, 2026 Source of acquisition funds: Long-term borrowings

9. Acquisition method: Over-the-counter purchase 10. Reason for acquisition before maturity: Agreement with the bondholder 11. Future treatment plan: To be cancelled after acquisition

12. Conversion details Conversion ratio (%): 100 Conversion price as of the reporting date (KRW/share): 2,500 Type of shares to be issued upon conversion: Registered common shares Number of shares: 800,000 Ratio to total shares outstanding (%): 2.9 Conversion request period: Start date March 31, 2026; End date May 31, 2026

13. Remaining face value (electronically registered) of the bonds after acquisition (KRW): 500,000,000 14. Whether subject to Fair Trade Commission reporting: Not applicable

15. Other matters material to investment decisions - Details relating to the 56th series convertible bonds are as follows: 1) Total issuance amount: KRW 2,000,000,000 2) Balance before this acquisition: KRW 2,000,000,000 3) Total amount to be acquired this time: KRW 1,500,000,000 4) Balance after acquisition: KRW 500,000,000 - Under "12. Conversion details," "shares to be issued upon conversion" refers to the number of shares and the ratio to total shares outstanding that would be issued if the convertible bonds being acquired this time were converted; the bonds acquired this time will not be converted and will instead be cancelled.

[Matters Concerning the Sellers] Seller name: Sangsangin Savings Bank Co., Ltd., Relationship with the Company: Bondholder of these bonds, Face value of bonds sold (KRW): 500,000,000 Seller name: Sangsangin Plus Savings Bank Co., Ltd., Relationship with the Company: Bondholder of these bonds, Face value of bonds sold (KRW): 1,000,000,000 Total: Face value of bonds sold (KRW): 1,500,000,000

[Where the Sellers Include a Corporation or Organization] (1) Sangsangin Savings Bank Co., Ltd. Number of investors (persons): 1 Representative director: Lee Jae-ok Largest shareholder (largest investor): Sangsangin Co., Ltd., equity stake 100% Key financial information for the most recent fiscal year (unit: KRW million), fiscal year ended December 2025: Total assets: 2,006,872; Sales: 304,218; Total liabilities: 1,779,537; Net income: 10,668; Total equity: 227,334; External auditor: Samduk Accounting Corporation; Capital: 68,000; Audit opinion: Unqualified

(2) Sangsangin Plus Savings Bank Co., Ltd. Number of investors (persons): 1 Representative director: Lee In-seop Largest shareholder (largest investor): Sangsangin Co., Ltd., equity stake 100% Key financial information for the most recent fiscal year (unit: KRW million), fiscal year ended December 2025: Total assets: 1,259,952; Sales: 164,040; Total liabilities: 1,163,103; Net loss: -8,525; Total equity: 96,848; External auditor: Woori Accounting Corporation; Capital: 34,925; Audit opinion: Unqualified