Change of largest shareholder

What happened

Change of largest shareholder

1. Change details Largest shareholder before change: Cha Sang-gwon and 4 others Shares held before change (shares): 3,048,920 Ownership ratio before change (%): 8.58 Largest shareholder after change: KX Asset Co., Ltd. and 5 others Shares held after change (shares): 4,795,279 Ownership ratio after change (%): 13.50

2. Reason for change: change of largest shareholder due to on-market purchases

3. Purpose of the equity acquisition: management participation - Method of funding the acquisition: own funds and borrowings - Plans for appointment/dismissal of officers after the acquisition: not yet determined; to be decided later in consultation with current management.

4. Change date: 2026-08-31

5. Date of confirmation of the change: 2026-08-31

6. Other matters material to investment decisions 1. The largest shareholder changed due to the acquisition of shares through on-market purchases, and the acquisition was for the purpose of management participation. 2. The shares held before and after the change in "1. Change details" above are as of August 31, 2026. 3. The ownership ratio in "1. Change details" above is based on the total issued shares of 35,507,438 as of December 31, 2025. 4. The "date of confirmation of the change" in "5." above is the date on which KX Asset Co., Ltd. notified the Company by email, August 31, 2026.

Related disclosures: none

Detailed change breakdown Name (entity) - Relationship - Before: shares/ownership ratio - After: shares/ownership ratio - Remarks KX Asset Co., Ltd. - largest shareholder after change - 0 / 0% - 1,633,034 / 4.60% - - Peer Value Co., Ltd. - related party of the largest shareholder after change - 0 / 0% - 1,054,937 / 2.97% - - IQ Partners Co., Ltd. - related party of the largest shareholder after change - 0 / 0% - 713,876 / 2.01% - - Invellos Co., Ltd. - related party of the largest shareholder after change - 0 / 0% - 681,974 / 1.92% - - Northend Co., Ltd. - related party of the largest shareholder after change - 0 / 0% - 400,011 / 1.13% - - GL Distribution Development Co., Ltd. - related party of the largest shareholder after change - 0 / 0% - 311,447 / 0.88% - - Cha Sang-gwon - largest shareholder before change - 1,877,873 / 5.29% - 1,877,873 / 5.29% - - Kwak Gyeong-hun - related party of the largest shareholder before change - 1,119,766 / 3.15% - 1,119,766 / 3.15% - - Kwak Yeong-ui - related party of the largest shareholder before change - 358 / 0.00% - 358 / 0.00% - - Kim Jeong-ja - related party of the largest shareholder before change - 923 / 0.00% - 923 / 0.00% - - Kwak Dong-hun - related party of the largest shareholder before change - 50,000 / 0.14% - 50,000 / 0.14% - -