Motivelink

463480 · KOSDAQ · Information Technology · SMALL CAP

An acquisition.

Motivelink disclosed an acquisition of DNM AUTOPOWER PRIVATE LIMITED, worth US$6.2M.

M&A(Decision to acquire shares/equity in another company)· FILED 2026-09-17· RCEPT 20260917900593

US$6.2MDeal value
13.4%vs. company assets

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

What happened

Motivelink disclosed an acquisition of DNM AUTOPOWER PRIVATE LIMITED, worth US$6.2M.

For context, this deal is worth about 13.4% of the company's own total assets.

TargetDNM AUTOPOWER PRIVATE LIMITED
Deal valueUS$6.2M
vs. company assets13.4%
Filed2026-09-17, Decision to acquire shares/equity in another company
SourceDART rcept 20260917900593 → 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): DNM AUTOPOWER PRIVATE LIMITED Representative Director: Kim Tae-ha Capital (KRW): 1,426,000 Relationship with Company: Subsidiary Total Issued Shares (shares): 10,000 Principal Business: Manufacturing and sale of electronic components - Whether acquisition of new shares by third-party allotment within the past 6 months: No

2. ACQUISITION DETAILS Number of Shares to Acquire (shares): - Acquisition Amount (KRW): 8,548,454,250 Equity Capital (KRW): 36,716,879,052 Ratio to Equity Capital (%): 23.28 Whether Large Enterprise: Not Applicable

3. OWNERSHIP SHARES AND EQUITY RATIO AFTER ACQUISITION Ownership Shares (shares): - Equity Ratio (%): 51

4. ACQUISITION METHOD Cash contribution

5. PURPOSE OF ACQUISITION Expansion of supply chain in Indian market and advancement into overseas business

6. SCHEDULED DATE OF ACQUISITION 2027-12-31

7. WHETHER SUBJECT TO SUBMISSION OF MAJOR MATTERS REPORT ON ASSET TRANSFER No - Total Assets at End of Most Recent Fiscal Year (KRW): 63,994,451,509 Acquisition Price / Total Assets (%): 13.36

8. WHETHER REVERSE LISTING APPLIES No - Plan for capital increase by third-party allotment within the 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 NOTIFICATION TO FAIR TRADE COMMISSION Not Applicable

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

13. OTHER MATTERS FOR REFERENCE IN INVESTMENT DECISION

1. This disclosure concerns a joint venture company established by the Company for the purpose of expanding the supply chain in the Indian market and advancing into overseas business of DNM AUTOPOWER PRIVATE LIMITED, a local joint venture in India in which the Company holds a 51% stake.

2. The 'Capital (KRW)' of '1. Issuing Company' is INR 100,000, converted using the exchange rate of 14.26 KRW per INR as announced by Seoul Foreign Exchange Brokerage Co., Ltd. on September 17, 2026.

3. 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.

4. The 'Number of Shares to Acquire (shares)' in '2. Acquisition Details' and the 'Ownership Shares (shares)' in '3. Ownership Shares and Equity Ratio After Acquisition' are undetermined as of the board resolution date (2026.09.17), and a corrective disclosure is planned upon confirmation. However, the 'Equity Ratio (%)' in '3. Ownership Shares and Equity Ratio After Acquisition' remains unchanged at 51%.

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

6. The 'Acquisition Amount (KRW)' in '2. Acquisition Details' is USD 6,247,500, converted using the exchange rate of 1,368.30 KRW per USD as announced by Seoul Foreign Exchange Brokerage Co., Ltd. on September 17, 2026.

7. The 'Scheduled Date of Acquisition' in '6. Scheduled Date of Acquisition' is the scheduled completion date of remittance of the contribution, and may be changed depending on the Company's circumstances and local conditions.

8. The issuing company is a newly established corporation in 2026, and the 'Summary Financial Situation of Issuing Company' below and 'Financial Situation' in [Matters Regarding the Counterparty] have been omitted from disclosure.

9. 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 for Period Current Year | - | - | - | - | - | - Previous Year | - | - | - | - | - | - Year Before Previous | - | - | - | - | - | -

[MATTERS REGARDING THE COUNTERPARTY]

1. PERSONAL INFORMATION - BASIC INFORMATION Name (Corporate Name): DNM AUTOPOWER PRIVATE LIMITED Nationality: India Address (Principal Place of Business) [up to eup/myeon/dong level only]: PLOT NO 48TH, 2TH STREET, SRI BARATHI NAGAR, Anna Road, Chennai, Chennai-600002, Tamil Nadu Date of Birth (Business Registration Number, etc.): U27100TN2026FTC196072 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 | Equity Ratio (%) Largest Shareholder | Motive Link Co., Ltd. | - | 51 Representative Director | Kim Tae-ha | - | -

(Unit: Million KRW) Fiscal Year in Question | - | Closing Date: March Total Assets | - | Capital | - Total Liabilities | - | Sales | - Total Equity | - | Net Income/Loss for Period | - External Auditor | - | Whether in Suspension of Business: No Audit Opinion | - | Whether Closed: 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. | Shareholder

3. TRANSACTION HISTORY FOR THE PAST 3 YEARS (EXCLUDING ROUTINE TRANSACTIONS) Classification | Transaction Details Current Year | - Previous Year | - Year Before Previous | -

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.