Updated terms.

Material Event Report (Paid-in Capital Increase Decision) The Codi Co., Ltd. Correction Notice (Report) September 18, 2026

1. Original Public Disclosure Document Subject to Correction: Material Event Report (Paid-in Capital Increase Decision)

2. Original Submission Date of Document Subject to Correction: August 27, 2026

3. Correction Items:

Item | Reason for Correction | Before Correction | After Correction 9. Payment Date | Correction due to change in payment date | October 8, 2026 | September 30, 2026 12. Scheduled Listing Date of New Shares | | October 30, 2026 | October 23, 2026 20. Other Matters for Investment Consideration | | Note 1-1) | Note 1-2)

Note 1-1) b. The issuance price of new shares shall be calculated in accordance with Article 5-18(1) of the Regulations on Issuance and Disclosure of Securities, using the weighted arithmetic average stock price from the 3rd to 5th trading days prior to the subscription date as the reference price, with a discount rate not exceeding 10%, and such discount rate has been applied. (Rounded up below the won unit) ※ This report has been recalculated using the weighted arithmetic average stock price from the 3rd to 5th trading days prior to the subscription date (September 18, 2026) as the reference price.

c. Matters Regarding Subscription (1) Subscription Date: September 18, 2026 (2) Subscription Location: The Codi Co., Ltd. Cheonan Business Site Management Support Office (3) Subscription Earnest Money Payment Location: Korea Securities Finance Chungcheong Honam Center

Note 1-2) b. The issuance price of new shares shall be calculated in accordance with Article 5-18(1) of the Regulations on Issuance and Disclosure of Securities, using the weighted arithmetic average stock price from the 3rd to 5th trading days prior to the subscription date as the reference price, with a discount rate not exceeding 10%, and such discount rate has been applied. (Rounded up below the won unit) ※ As of the date of preparation of this report, the issuance price of new shares has not yet reached the pricing reference date, so this is the planned issuance price calculated using the weighted arithmetic average stock price from the 3rd to 5th trading days prior to the previous subscription date (September 18, 2026) as the reference price. The issuance price according to the subscription date will be corrected and disclosed as soon as it is confirmed.

c. Matters Regarding Subscription (1) Subscription Date: September 29, 2026 (2) Subscription Location: The Codi Co., Ltd. Cheonan Business Site Management Support Office (3) Subscription Earnest Money Payment Location: Korea Securities Finance Chungcheong Honam Center

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Material Event Report / Exchange Reporting Obligation Matter Financial Services Commission / Korea Exchange August 27, 2026

Company Name: The Codi Co., Ltd. Representative Director: Choi Hyun-jun Head Office Address: 62 Baekseok Gongdan 2-gil, Seobu-gu, Cheonan-si, Chungcheongnam-do (Baekseok-dong) (Telephone) 041-620-9000 (Website) http://www.thecodi.kr Preparer: (Position) Director (Name) Kim Hee-taek (Telephone) 041-620-9021

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Paid-in Capital Increase Decision

1. Type and Number of New Shares Common Stock (shares): 56,999 Other Stock (shares): -

2. Par Value per Share (won): 500

3. Total Issued Shares Before Capital Increase Common Stock (shares): 5,160,722 Other Stock (shares): -

4. Purpose of Capital Raising Facility Funds (won): - Business Acquisition Funds (won): - Operating Funds (won): 499,995,228 Debt Repayment Funds (won): - Securities Acquisition Funds of Other Entities (won): - Other Funds (won): -

5. Method of Capital Increase: Third-Party Allotment ※ Matters Regarding Other Stock Basis in Articles of Incorporation: - Content of Stock: - Other: -

6. Issuance Price of New Shares Common Stock (won): 8,772 Other Stock (won): -

7. Reference Stock Price Common Stock (won): 9,746 Other Stock (won): -

7-1. Method of Calculating Reference Stock Price: Weighted arithmetic average stock price from the 3rd to 5th trading days prior to the subscription date

7-2. Discount Rate or Premium Rate for Reference Stock Price (%): -10

7-3. Basis for Calculating Discount Rate (Premium Rate): Calculated by applying the discount rate (not exceeding 10%) set by a listed stock company in accordance with Article 5-18(1) of the Regulations on Issuance and Disclosure of Securities

8. Articles of Incorporation Basis for Third-Party Allotment: Article 10 (New Share Subscription Rights)

9. Payment Date: September 30, 2026

10. Dividend Base Date of New Shares: January 1, 2026

11. Scheduled Date of Delivery of New Share Certificates: -

12. Scheduled Listing Date of New Shares: October 23, 2026

13. Circumvention of Listing Due to In-Kind Contribution Applicable: No Whether In-Kind Contribution Exists: No Whether Unlisted Company Stock Exists Among In-Kind Contribution Assets: Not Applicable In-Kind Contribution Value of Shares to be Paid (won): - Ratio to Total Assets of Company's Most Recent Fiscal Year (%): - Number of Shares to be Paid: -

14. Compliance with Circumvention of Listing Requirements: Not Applicable

15. Board Resolution Date (Decision Date): August 27, 2026 Independent (Outside) Director Attendance: Present (number): 3, Absent (number): - Auditor (Audit Committee) Attendance: Present

16. Whether Subject to Securities Registration Statement Submission: No

17. Reason for Exemption from Submission: Small-Scale Public Offering

18. Whether Applicable to Short Selling Transaction Period in Which Subscription is Prohibited Applicable: No Start Date: - End Date: -

19. Whether Subject to Fair Trade Commission Reporting: Not Applicable * Listed companies correspond to independent directors; unlisted companies correspond to outside directors

20. Other Matters for Investment Consideration

a. This paid-in capital increase decision is a small-scale public offering conducted under Article 130 of the Capital Markets and Financial Investment Business Act (Recruitment and Sale Without Submission of Registration Statement) with a public offering amount of less than 3 billion won, without submission of a securities registration statement.

b. The issuance price of new shares shall be calculated in accordance with Article 5-18(1) of the Regulations on Issuance and Disclosure of Securities, using the weighted arithmetic average stock price from the 3rd to 5th trading days prior to the subscription date as the reference price, with a discount rate not exceeding 10%, and such discount rate has been applied. (Rounded up below the won unit) ※ As of the date of preparation of this report, the issuance price of new shares has not yet reached the pricing reference date, so this is the planned issuance price calculated using the weighted arithmetic average stock price from the 3rd to 5th trading days prior to the previous subscription date (September 18, 2026) as the reference price. The issuance price according to the subscription date will be corrected and disclosed as soon as it is confirmed.

c. The new shares issued through this paid-in capital increase shall be subject to mandatory holding for 6 months after the additional listing date from the date of issuance in accordance with Article 50 of the KOSDAQ Listing Regulations.

d. Matters Regarding Subscription (1) Subscription Date: September 29, 2026 (2) Subscription Location: The Codi Co., Ltd. Cheonan Business Site Management Support Office (3) Subscription Earnest Money Payment Location: Korea Securities Finance Chungcheong Honam Center

e. Other Matters (1) The subscription earnest money for this paid-in capital increase shall be replaced with share capital on the share capital payment date, and no interest shall be paid from the subscription date to the payment date. (2) Specific matters not determined by the board of directors regarding this paid-in capital increase are delegated to the representative director. (3) The schedule for this paid-in capital increase may be changed through consultation with relevant authorities.

▶ When using the weighted arithmetic average stock price from the 3rd to 5th trading days prior to the subscription date as the reference price, the following table shall be added (Unit: shares, won)

Date | Trading Volume | Trading Value | Remarks September 15, 2026 | 934,871 | 6,718,734,095 | 5th Trading Day Prior to Subscription Date September 14, 2026 | 845,194 | 7,532,747,560 | 4th Trading Day Prior to Subscription Date September 11, 2026 | 2,890,750 | 31,269,145,570 | 3rd Trading Day Prior to Subscription Date Total | 4,670,815 | 45,520,627,225 |

Reference Stock Price (Weighted Arithmetic Average Stock Price): 9,745.76 Discount Rate or Premium Rate (%): -10 Issuance Price: 8,772

【Basis, Purpose, etc. of Third-Party Allotment】

Articles of Incorporation Provision Serving as Basis for Third-Party Allotment: Article 10 (New Share Subscription Rights)

Purpose of Third-Party Allotment Capital Increase:

Article 10 (New Share Subscription Rights) ① Shareholders have the right to be allotted new shares in proportion to the number of shares they own. ② Notwithstanding the provisions of paragraph 1, the company may, by board resolution, allot new shares to persons other than shareholders in any of the following cases: 1. When issuing new shares by general public offering method in accordance with Article 165-6 of the Capital Markets and Financial Investment Business Act within a range not exceeding 50% of the total issued shares 2. When issuing new shares due to the exercise of stock purchase options under Article 542-3 of the Commercial Act 3. When preferentially allotting shares to employee stock association members within a range of 20% of the total issued shares 4. When issuing new shares to domestic or foreign financial institutions or institutional investors for urgent capital raising within a range not exceeding 50% of the total issued shares 5. When issuing new shares to the counterparty for important technology introduction, research and development, production, sales, or capital alliance necessary for business within a range not exceeding 50% of the total issued shares 6. When issuing new shares for foreign investment under the Foreign Investment Promotion Act necessary for company management 7. When allotting new shares to related investors (small business startup investment companies, new technology business investment associations, etc.) under the Small Business Startup Support Act or the Special Measures Act for Venture Business Promotion 8. When recruiting new shares or having underwriters underwrite them for listing shares on the KOSDAQ market ③ When issuing new shares pursuant to any of the provisions in paragraph 2, the type, number, and issuance price of shares to be issued shall be determined by board resolution. ④ The method of handling shares resulting from waiver or loss of new share subscription rights and fractional shares resulting from new share allotment shall be determined by board resolution.

Operating Funds

【Specific Use Purpose of Funds Raised Through Third-Party Allotment】

【In Case of Operating Funds and Other Funds】 (Unit: million won)

Fund Use | Details | Planned Use Amount by Year | Total | | 2026 | 2027 | 2028 and Later | Operating Funds | Personnel Expenses | 200 |, |, | 200 Operating Funds | Other Operating Expenses | 300 |, |, | 300

【Selection Process, Transaction Details, Allotment Details, etc. by Third-Party Allotment Recipient】

Third-Party Allotment Recipient | Relationship with Company or Largest Shareholder | Selection Process | Transaction Details and Plans Within 6 Months Before and After Capital Increase Decision | Allotted Shares (shares) | Remarks PowerM Entertainment Co., Ltd. |, | Finally selected by the board of directors in consideration of the company's business purpose achievement and the investor's payment capacity, etc. |, | 56,999 |

【In Case Legal Entity or Organization is Included Among Third-Party Allotment Recipients】

(1) Basic Information of Legal Entity or Organization

Name | Number of Contributors (persons) | Representative Director (Representative Combination Member) | Business Executive (Business Executive Combination Member) | Largest Shareholder (Largest Contributor) | | Name | Equity (%) | Name | Equity (%) | Name | Equity (%) PowerM Entertainment Co., Ltd. | 2 | Lee Hak-song |, | Lee Hak-song |, | Pyo Jeong-su | 50 |, |, |, |, |, |

(2) Key Financial Information at Most Recent Settlement Date of Legal Entity or Organization (Unit: million won)

Accounting Year | 2026 Settlement Period | 8th Period Total Assets | 3,341 Total Sales | 53 Total Liabilities | 3,413 Net Income (Loss) for the Period | -195 Total Capital | -72 External Auditor | Capital | 300 Audit Opinion |