Motivelink

463480 · KOSDAQ · Information Technology · SMALL CAP

An acquisition.

Motivelink disclosed an acquisition of MOTILINK INDIA PRIVATE LIMITED, worth US$10.7M.

M&A(Decision to acquire shares/equity in another company)· FILED 2026-09-17· RCEPT 20260917900571

US$10.7MDeal value
23.1%vs. company assets

Converted at 1 USD ≈ ₩1,379.53 (filing-date rate, 2026-09-17 close)

What happened

Motivelink disclosed an acquisition of MOTILINK INDIA PRIVATE LIMITED, worth US$10.7M.

For context, this deal is worth about 23.1% of the company's own total assets.

TargetMOTILINK INDIA PRIVATE LIMITED
Deal valueUS$10.7M
vs. company assets23.1%
Filed2026-09-17, Decision to acquire shares/equity in another company
SourceDART rcept 20260917900571 → open original filing
Read the full filing in English

DECISION ON ACQUISITION OF STOCKS AND INVESTMENT SECURITIES OF ANOTHER COMPANY

1. ISSUING COMPANY Company Name (Nationality): MOTILINK INDIA PRIVATE LIMITED Representative Director: Kim Tae-ha Capital (KRW): 2,669,743,494 Relationship with Company: Subsidiary Total Issued Shares (shares): 17,702,021 Principal Business: Manufacturing and sale of electronic components - Whether new shares were acquired through third-party allotment within the past 6 months: No

2. ACQUISITION DETAILS Number of Shares to be Acquired (shares): - Acquisition Amount (KRW): 14,766,693,600 Equity Capital (KRW): 36,716,879,052 Ratio to Equity Capital (%): 40.22 Whether Large Enterprise: Not Applicable

3. SHAREHOLDING AND OWNERSHIP RATIO AFTER ACQUISITION Number of Shares Owned (shares): - Ownership Ratio (%): 99.99

4. ACQUISITION METHOD Cash contribution

5. PURPOSE OF ACQUISITION Business expansion in Indian market and securing operating funds

6. SCHEDULED ACQUISITION DATE 2027-12-31

7. WHETHER SUBJECT TO SUBMISSION OF MAJOR ASSET TRANSFER REPORT No - Total Assets at End of Most Recent Fiscal Year (KRW): 63,994,451,509 Acquisition Price / Total Assets (%): 23.07

8. WHETHER REVERSE LISTING IS APPLICABLE No - Plan for Third-Party Allotment Capital Increase within Next 6 Months: No

9. WHETHER ISSUING COMPANY (ANOTHER COMPANY) MEETS REVERSE LISTING REQUIREMENTS No

10. DATE OF BOARD RESOLUTION (DECISION DATE) 2026-09-17 - Attendance of Outside Directors: Attended (1 person), Did Not Attend (1 person) - Attendance of Auditor (Audit Committee): Attended

11. WHETHER SUBJECT TO FAIR TRADE COMMISSION NOTIFICATION Not Applicable

12. WHETHER PUT OPTION CONTRACTS, ETC. WERE ENTERED INTO No - Contract Details: -

13. OTHER MATTERS FOR REFERENCE IN INVESTMENT DECISIONS

1. This disclosure concerns the Company's decision to make a capital contribution in connection with a paid-in capital increase of MOTILINK INDIA PRIVATE LIMITED, a local subsidiary in India, for the purpose of business expansion in the Indian market and securing operating funds.

2. The 'Capital (KRW)' in '1. Issuing Company' above is USD 1,951,139 on an acquisition cost basis, converted using the exchange rate of KRW 1,368.30 per USD as announced by Seoul Foreign Exchange Brokerage Co., Ltd. on September 17, 2026.

3. The 'Total Issued Shares (shares)' in '1. Issuing Company' above was prepared as of the disclosure submission date.

4. The 'Number of Shares to be Acquired (shares)' in '2. Acquisition Details' and the 'Number of Shares Owned (shares)' in '3. Shareholding and Ownership Ratio After Acquisition' are undetermined as of the board resolution date (2026.09.17), and a corrective disclosure is planned upon final confirmation. However, the 'Ownership Ratio (%)' in '3. Shareholding and Ownership Ratio After Acquisition' remains unchanged at 99.99%.

5. The 'Equity Capital (KRW)' in '2. Acquisition Details' is based on the consolidated financial statements as of the end of 2025 prepared in accordance with K-IFRS (Korean Accounting Standards), and reflects changes in capital and capital surplus up to the date of preparation of the disclosure documents.

6. The total assets at the end of the most recent fiscal year above are based on the 2025 consolidated financial statements.

7. The 'Acquisition Amount (KRW)' in '2. Acquisition Details' is USD 10,792,000, converted using the exchange rate of KRW 1,368.30 per USD as announced by Seoul Foreign Exchange Brokerage Co., Ltd. on September 17, 2026.

8. The 'Scheduled Acquisition Date' in '6. Scheduled Acquisition Date' above is the expected completion date of remittance of the capital contribution and may be changed depending on the Company's circumstances and local conditions.

9. The 'Summary Financial Situation of the Issuing Company' below is based on individual financial statements. The issuing company was established in 2025, and the current year is prepared on the basis of 2025; the descriptions of the prior year and the year before the prior year are omitted.

10. The determination and execution of detailed matters related to this transaction have been delegated to the Representative Director, and the above contents may change depending on progress.

[SUMMARY FINANCIAL SITUATION OF ISSUING COMPANY] (Unit: Million KRW)

Classification | Total Assets | Total Liabilities | Total Equity | Capital | Sales | Net Income (Loss) for the Period Current Year | 2,333 | 996 | 1,337 | 1,465 | - | -79 Prior Year | - | - | - | - | - | - Year Before Prior Year | - | - | - | - | - | -

[MATTERS CONCERNING THE COUNTERPARTY]

1. PERSONAL INFORMATION - BASIC INFORMATION Name (Corporate Name): MOTILINK INDIA PRIVATE LIMITED Nationality: India Address (Principal Place of Business) [up to eup/myeon/dong only]: Plot No 48, 2th Street, Sri Barathi Nagar, Anna Road, Chennai, Chennai, Tamil Nadu, India, 600002 Date of Birth (Business Registration Number, etc.): U29304TN2025FTC184496 Occupation (Business Description): Manufacturing and sale of electronic components

- STATUS OF LARGEST SHAREHOLDER, REPRESENTATIVE DIRECTOR, AND CHIEF EXECUTIVE OFFICER AND FINANCIAL SITUATION, ETC. (WHERE COUNTERPARTY IS A CORPORATION)

Classification | Name | Number of Shares | Ownership Ratio (%) Largest Shareholder | MOTILINK CO., LTD. | - | 99.99 Representative Director | Kim Tae-ha | - | -

(Unit: Million KRW)

Fiscal Year | 2025 | Settlement Date | March Total Assets | 2,333 | Capital | 1,465 Total Liabilities | 996 | Sales | - Total Equity | 1,337 | Net Income (Loss) for the Period | -79 External Auditor | - | Business Suspension Status | No Audit Opinion | - | Business Closure Status | No

2. RELATIONSHIP BETWEEN COMPANY AND COUNTERPARTY

1. Relationship between Company and Counterparty: Subsidiary

2. Relationship between Company's Largest Shareholder/Officers and Counterparty

Name | Relationship with Counterparty Largest Shareholder | Dongyang ENP Co., Ltd. | -

3. TRANSACTION HISTORY FOR THE PAST 3 YEARS (EXCLUDING ROUTINE TRANSACTIONS)

Classification | Transaction Details Current Year | - Prior Year | - Year Before Prior Year | -

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 2026-09-17 (KST). · Converted at 1 USD ≈ ₩1,325 (rate of 2026-10-21).

Company summaries are generated and may contain errors; financial figures are mapped directly from official filings.