Newflex Technology

085670 · KOSDAQ · Information Technology · SMALL CAP

Completion report on merger, etc. (asset transfer)

Newflex Technology reports completing, on 2026-09-04, the transfer of land and buildings in Sillon-dong, Ansan to Daeduck Electronics Co., Ltd. for US$39M, as approved in its July 20, 2026 material event report on the disposal of tangible assets.

M&A(Completion report on merger, etc. (asset transfer))· FILED 2026-09-04· RCEPT 20260904000218

What happened

Completion Report on Merger, Etc. (Asset Transfer) 6.0 Newflex Co., Ltd. To the Governor of the Financial Supervisory Service September 4, 2026

Company name: Newflex Co., Ltd. Representative Director: Lim Si-yeon Head office address: 181 Manhae-ro, Danwon-gu, Ansan-si, Gyeonggi-do (Phone) 031-494-9325 (Website) http://www.newflex.co.kr Preparer in charge: (Title) CFO (Name) Lee Young-ho (Phone) 031-494-9325

I. Schedule This report is a completion report relating to the material event report (decision on disposal of tangible assets) filed on July 20, 2026. The company (transferor) and Daeduk Electronics Co., Ltd. (transferee) report that the transfer of the land and building assets was completed on September 4, 2026, and that this transaction has accordingly concluded.

1. Asset transfer details and amount Assets transferred: Land and building at 1055 Singil-dong, Danwon-gu, Ansan-si, Gyeonggi-do -- Land: 17,475.5 square meters; Building: 41,463.01 square meters Transferee: Daeduk Electronics Co., Ltd. Transferor: Newflex Co., Ltd. Transfer amount: KRW 52,800,000,000

2. Key schedule External valuation period: July 15, 2026 - July 20, 2026 (Yichon Accounting Corporation) Board resolution date (decision date): July 20, 2026 Asset transfer agreement execution date: July 20, 2026 Material event report filing date: July 20, 2026 Payment date: July 20, 2026 (down payment); September 4, 2026 (balance) Transaction closing date: September 4, 2026 (balance receipt date)

II. Changes in Ownership of Major Shareholders, Etc. -- Not applicable III. Exercise of Appraisal Rights -- Not applicable IV. Matters Relating to Creditor Protection -- Not applicable V. Status of Related Litigation -- Not applicable VI. Matters Relating to New Share Allotment, Etc. -- Not applicable

VII. Summary Financial Information Before and After the Merger, Etc. (Unit: KRW thousand) Account: Before asset transfer / Change / After asset transfer Current assets: 40,328,473 / 52,800,000 / 93,128,473 Non-current assets: 65,847,400 / (53,239,785) / 12,607,615 Total assets: 106,175,873 / (439,785) / 105,736,088 Current liabilities: 14,092,874 / - / 14,092,874 Non-current liabilities: 10,825,688 / - / 10,825,688 Total liabilities: 24,918,562 / - / 24,918,562 Paid-in capital: 12,250,380 / - / 12,250,380 Capital surplus: 19,866,974 / - / 19,866,974 Capital adjustment: 790,952 / - / 790,952 Accumulated other comprehensive income: 21,536,806 / - / 21,536,806 Retained earnings: 26,812,199 / (439,785) / 26,372,414 Total equity: 81,257,311 / (439,785) / 80,817,526 Total equity and liabilities: 106,175,873 / (439,785) / 105,736,088

(Note 1) The "before asset transfer" summary financial information above is based on the separate (non-consolidated) financial statements in the company's most recently filed semiannual report as of June 30, 2026. (Note 2) The above financial information reflects only a simple addition/subtraction, from the pre-transfer financial information, of the accounting transaction amount for the asset transfer recorded on the transfer date, so it may differ from the actual financial statement figures.

Filed2026-09-04, Completion report on merger, etc. (asset transfer)
SourceDART rcept 20260904000218 → 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 2026-09-04 (KST). · Converted at 1 USD ≈ ₩1,325 (rate of 2026-10-21).