EcoSimplex

038870 · KOSDAQ · Industrials · SMALL CAP

Updated contract terms.

EcoSimplex updated a previously disclosed supply contract with Sudokwon Landfill Site Management Corp., now worth US$6.5M, about 49.74% of its recent annual revenue, running through Sep 2026.

Supply contract([Amended] Supply contract signed)· FILED 2026-09-18· RCEPT 20260918900648

US$6.5MContract value
49.74%vs. recent revenue
Sep 2026Throughfrom Jan 2026

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

A later amendment corrects this filing, so the terms on this page may be out of date. See the latest version (2026-09-22) →

What happened

EcoSimplex updated a previously disclosed supply contract with Sudokwon Landfill Site Management Corp., now worth US$6.5M, about 49.74% of its recent annual revenue, running through Sep 2026.

For context, this single contract equals about 49.74% of the company's most recent annual revenue.

CounterpartySudokwon Landfill Site Management Corp.
Contract valueUS$6.5M
vs. recent revenue49.74%
ThroughSep 2026 (from Jan 2026)
Filed2026-09-18, [Amended] Supply contract signed
SourceDART rcept 20260918900648 → open original filing

Versions of this filing

  1. 2026-01-07Original
  2. 2026-04-30Amendment 1
  3. 2026-05-08Amendment 2
  4. 2026-07-31Amendment 3
  5. 2026-08-14Amendment 4
  6. 2026-09-14Amendment 5
  7. 2026-09-18Amendment 6 (this page)
  8. 2026-09-22Amendment 7
Read the full filing in English

CORRECTION NOTICE FOR SINGLE SALES AND SUPPLY CONTRACT EXECUTION

Correction Date: 2026-09-18

1. Regulatory Filing Subject to Correction Single Sales and Supply Contract Execution

2. Original Filing Submission Date 2026-09-14

3. Reason for Correction Correction of contract amount and contract period due to contract extension

4. Correction Details

Corrected Items | Before Correction | After Correction 2. Contract Details - Confirmed Contract Amount (Total) | 6,963,039,000 | 8,963,675,000 2. Contract Details - Contract Amount (Total) | 6,963,039,000 | 8,963,675,000 2. Contract Details - Percentage of Recent Sales | 22.26% | 49.74% 3. Contract Period - End Date | - | 2026-09-30

10. Other Matters for Investment Consideration

Before Correction: - Total contract amount through July 31, 2026: 24,675,249,000 KRW (VAT excluded) - This contract represents the 3rd year of the overall contract, accounting for 6,963,039,000 KRW (VAT excluded) of the total contract amount - Overall contract period: 2024.10.01 ~ 2026.07.31 - Overall contract amount: 24,675,249,000 KRW (VAT excluded) - This contract period: 2026.01.01 ~ 2026.07.31 - This contract amount: 6,963,039,000 KRW (VAT excluded)

After Correction: - Total contract amount through September 30, 2026: 26,675,885,000 KRW (VAT excluded) - This contract represents the 3rd year of the overall contract, accounting for 8,963,675,000 KRW (VAT excluded) of the total contract amount - Overall contract period: 2024.10.01 ~ 2026.09.30 - Overall contract amount: 26,675,885,000 KRW (VAT excluded) - This contract period: 2026.01.01 ~ 2026.09.30 - This contract amount: 8,963,675,000 KRW (VAT excluded)

Additional Notes: - The company's recent sales are based on the 2024 K-IFRS consolidated financial statements; the counterparty's recent sales are based on the 2025 consolidated financial statements - The contract date above is the date the contract was received from the counterparty - Contract amendment execution may be delayed due to the schedules of relevant government agencies; a correction notice will be issued upon completion of the contract amendment - The scheduled contract amendment execution date is on or before September 18, 2026 (Friday); if the scheduled date changes, a correction notice will be issued

---

SINGLE SALES AND SUPPLY CONTRACT EXECUTION

1. Sales and Supply Contract Details Operation and management services for Sudokwon Landfill power generation and ancillary facilities (3rd year)

2. Contract Details Conditional Contract Status: Not Applicable Confirmed Contract Amount: 8,963,675,000 KRW Conditional Contract Amount: - Total Contract Amount: 8,963,675,000 KRW Recent Sales: 18,020,084,141 KRW Percentage of Recent Sales: 49.74%

3. Counterparty Sudokwon Landfill Management Corporation - Recent Sales: 137,731,430,620 KRW - Principal Business: Waste treatment and waste resource recycling business - Relationship with Company: Other - Performance of similar contracts with company in past 3 years: Applicable

4. Sales and Supply Region Republic of Korea

5. Contract Period Start Date: 2026-01-01 End Date: 2026-09-30

6. Principal Contract Terms Contract Deposit/Advance Payment: None Payment Terms: Progress billing by installment (quarterly)

7. Sales and Supply Method In-house Production: Applicable Outsourced Production: Not Applicable Other: -

8. Contract (Order) Date 2026-01-07

9. Disclosure Reservation Reservation Period: - Reservation Reason: -

10. Other Matters for Investment Consideration 1) The contract amount above is exclusive of value-added tax.

2) The total contract amount through September 30, 2026 is 26,675,885,000 KRW (VAT excluded). This contract represents the 3rd year of the overall contract, accounting for 8,963,675,000 KRW (VAT excluded) of the total contract amount. - Overall contract period: 2024.10.01 ~ 2026.09.30 - Overall contract amount: 26,675,885,000 KRW (VAT excluded) - This contract period: 2026.01.01 ~ 2026.09.30 - This contract amount: 8,963,675,000 KRW (VAT excluded)

3) The company's recent sales are based on the 2024 K-IFRS consolidated financial statements; the counterparty's recent sales are based on the 2025 consolidated financial statements.

4) The contract date above is the date the contract was received from the counterparty.

Related Disclosures: 2026-01-07 Single Sales and Supply Contract Execution 2026-04-30 Single Sales and Supply Contract Execution 2026-05-08 Single Sales and Supply Contract Execution 2026-07-31 Single Sales and Supply Contract Execution 2026-08-14 Single Sales and Supply Contract Execution 2026-09-14 Single Sales and Supply Contract Execution

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 2026-09-18 (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.