Humax

115160 · KOSDAQ · Industrials · SMALL CAP

Securities issuance report

Humax Co., Ltd. reported the results of its merger with Humax Holdings Co., Ltd., effective October 1, 2026, issuing 2,277,449 merger new shares at an exchange ratio of 0.9646707 Humax shares per Humax Holdings share; appraisal rights were exercised for 134,496 Humax shares and 66,335 Humax Holdings shares, with purchase payments of approximately US$634K and US$333K respectively completed on September 22, 2026, and no creditor objections were received.

M&A(Securities issuance report)· FILED 2026-10-01· RCEPT 20261001000301

What happened

Securities Issuance Performance Report (Merger, etc.) 6.0 Humax Co., Ltd. Securities Issuance Performance Report (Merger) To: The Governor of the Financial Supervisory Service October 1, 2026 Company name: Humax Co., Ltd. CEO: Jung Chang-soo Head office location: 2 Yeongmun-ro, Cheoin-gu, Yongin-si, Gyeonggi-do (Tel) 031-776-6114 (Website) http://kr.humaxdigital.com Preparer: (Title) CFO (Name) Shim Jae-hyun (Tel) 031-776-6114

I. Schedule Category: Board of directors' resolution; Humax Co., Ltd. (surviving company): 2026-06-30; Humax Holdings Co., Ltd. (dissolving company): 2026-06-30 Category: Record date setting announcement; Humax Co., Ltd.: 2026-06-30; Humax Holdings Co., Ltd.: 2026-06-30 Category: Merger agreement date; Humax Co., Ltd.: 2026-06-30; Humax Holdings Co., Ltd.: 2026-06-30 Category: Record date for determining shareholders; Humax Co., Ltd.: 2026-07-15; Humax Holdings Co., Ltd.: 2026-07-15 Category: Shareholder register closure period; start/end date: not applicable for both companies Category: Period for receiving notices of objection to the merger: start date; Humax Co., Ltd.: 2026-08-05; Humax Holdings Co., Ltd.: 2026-08-05; end date: Humax Co., Ltd.: 2026-08-27; Humax Holdings Co., Ltd.: 2026-08-27 Category: General shareholders' meeting convocation notice and announcement; Humax Co., Ltd.: 2026-08-05; Humax Holdings Co., Ltd.: 2026-08-05 Category: Date of general shareholders' meeting for merger agreement approval; Humax Co., Ltd.: 2026-08-28; Humax Holdings Co., Ltd.: 2026-08-28 Category: Appraisal right exercise period: start date; Humax Co., Ltd.: 2026-08-28; Humax Holdings Co., Ltd.: 2026-08-28; end date: Humax Co., Ltd.: 2026-09-17; Humax Holdings Co., Ltd.: 2026-09-17 Category: Creditor objection submission period: start date; Humax Co., Ltd.: 2026-08-28; Humax Holdings Co., Ltd.: 2026-08-28; end date: Humax Co., Ltd.: 2026-09-29; Humax Holdings Co., Ltd.: 2026-09-29 Category: Trading suspension period (Note 4): start date; Humax Co., Ltd.: not applicable; Humax Holdings Co., Ltd.: 2026-09-29; end date: Humax Co., Ltd.: not applicable; Humax Holdings Co., Ltd.: 2026-10-16 Category: Merger new share allotment record date: 2026-09-30 Category: Merger effective date: 2026-10-01 Category: Board resolution date for merger completion report (substitutes general shareholders' meeting): 2026-10-01 Category: Expected date of application for merger registration and dissolution registration: 2026-10-07 Category: New share listing date: 2026-10-19

(Note 1) The merger schedule above is the expected schedule as of the filing date of this report, and may change depending on consultations and approval processes with relevant authorities. Meanwhile, the initial board resolution date and merger agreement date were June 30, 2026, and an amended board resolution and amended agreement were executed on August 11, 2026. (Note 2) Investors are asked to note the following changes arising from the introduction of the Act on Electronic Registration of Stocks and Bonds ("Electronic Securities Act") on September 16, 2019: - Pursuant to Articles 37 and 66 of the Electronic Securities Act, since the list of beneficial owners can be immediately confirmed after the record date for determining shareholders, all listed companies are exempted from procedures related to closing the shareholder register. - Pursuant to Article 65 of the Electronic Securities Act, the previous requirement of a one-month-or-longer old share certificate submission period for the dissolving company has been abolished, and only a share consolidation announcement and notice up to two weeks before the consolidation record date is required; accordingly, merger new shares take effect on the consolidation record date rather than the day after the end of the former old share certificate submission period. - Pursuant to Article 25 of the Electronic Securities Act, merger new shares will be electronically registered in the electronic registration account book, and no physical delivery of new share certificates will take place. (Note 3) The merger completion report general shareholders' meeting will be substituted by an announcement based on a board of directors' resolution. (Note 4) The dissolving company's shares will be suspended from trading from September 29, 2026, the business day before the merger new share allotment record date, until October 16, 2026, the business day before the merger new shares' listing date.

II. Changes in equity holdings of the largest shareholder, etc. (unit: shares, equity ratio by name/share class; common stock throughout) Name: Byun Dae-gyu; Before merger - Humax Holdings: 897,411 shares, 36.98%; Before merger - Humax: not applicable, 0.00%; After merger - Humax: 865,706 shares, 13.15%; After retirement - Humax: 865,706 shares, 17.60% Name: Park Bo-kyung; Before merger - Humax Holdings: 22,103 shares, 0.91%; Before merger - Humax: not applicable, 0.00%; After merger: 21,322 shares, 0.32%; After retirement: 21,322 shares, 0.43% Name: J2B Co., Ltd.; Before merger - Humax Holdings: 101,800 shares, 4.19%; Before merger - Humax: 2,207 shares, 0.05%; After merger: 100,410 shares, 1.52%; After retirement: 100,410 shares, 2.04% Name: Humax Holdings Co., Ltd.; Before merger - Humax Holdings: not applicable, 0.00%; Before merger - Humax: 1,535,273 shares, 35.64%; After merger: 1,535,273 shares, 23.31%; After retirement: not applicable, 0.00% Name: Jung Sung-min; Before merger - Humax Holdings: not applicable; Before merger - Humax: 5,981 shares, 0.14%; After merger: 5,981 shares, 0.09%; After retirement: 5,981 shares, 0.12% Name: Byun Ji-young; Before merger - Humax Holdings: not applicable; Before merger - Humax: 2,238 shares, 0.05%; After merger: 2,238 shares, 0.03%; After retirement: 2,238 shares, 0.05% Name: Byun Jeong-seok; Before merger - Humax Holdings: not applicable; Before merger - Humax: 1,901 shares, 0.04%; After merger: 1,901 shares, 0.03%; After retirement: 1,901 shares, 0.04% Name: Jung Chang-soo; Before merger - Humax Holdings: not applicable; Before merger - Humax: 1,000 shares, 0.02%; After merger: 1,000 shares, 0.02%; After retirement: 1,000 shares, 0.02% Name: Shim Jae-hyun; Before merger - Humax Holdings: not applicable; Before merger - Humax: 500 shares, 0.01%; After merger: 500 shares, 0.01%; After retirement: 500 shares, 0.01% Largest shareholder and related parties, total: Before merger - Humax Holdings: 1,021,314 shares, 42.08%; Before merger - Humax: 1,549,100 shares, 35.96%; After merger: 2,534,331 shares, 38.49%; After retirement: 999,058 shares, 20.31% Other shareholders: Before merger - Humax Holdings: 1,339,543 shares, 55.19%; Before merger - Humax: 2,627,545 shares, 61.00%; After merger: 3,919,763 shares, 59.53%; After retirement: 3,919,763 shares, 79.69% Treasury shares: Before merger - Humax Holdings: 66,203 shares, 2.73%; Before merger - Humax: 130,888 shares, 3.04%; After merger: 130,888 shares, 1.99%; After retirement: not applicable, 0.00% Total issued shares: Before merger - Humax Holdings: 2,427,060 shares, 100.00%; Before merger - Humax: 4,307,533 shares, 100.00%; After merger: 6,584,982 shares, 100.00%; After retirement: 4,918,821 shares, 100.00%

(Note 1) The surviving company and the dissolving company decided, by board resolution on June 30, 2026, to retire the treasury shares of 4,609 shares and 2,179 shares, respectively, acquired as fractional shares arising from the share consolidation, and completed the retirement on July 13, 2026. In addition, the 1,535,273 shares of the surviving company, Humax Co., Ltd., held by the dissolving company, Humax Holdings Co., Ltd., together with the 130,888 shares acquired through appraisal right exercise, are expected to be retired by board resolution to be held around October 30, 2026, within one month after completion of merger registration and additional listing of merger new shares (expected date: October 19, 2026). However, this schedule is the expected schedule as of the filing date of this report and may change; the company will disclose in accordance with relevant laws once the board resolution date and the date of retirement are confirmed. (Note 2) Some shareholders of the surviving company, Humax Co., Ltd., exercised appraisal rights for 134,496 shares; the purchase price for 130,888 shares, excluding 3,608 shares for which price adjustment was requested, was paid in full on September 22, 2026, and those shares were acquired as treasury shares. As of the filing date of this report, discussions on withdrawal or price adjustment are ongoing for the 3,608 shares for which price adjustment was requested. (Note 3) This merger does not allot merger new shares to the 66,203 treasury shares held by Humax Holdings Co., Ltd. (treasury shares acquired through the exercise of appraisal rights by shareholders of Humax Holdings Co., Ltd.). In the case of Humax Holdings Co., Ltd., some shareholders exercised appraisal rights for 66,335 shares; the purchase price for 66,203 shares, excluding 132 shares for which price adjustment was requested, was paid in full on September 22, 2026, and those shares were acquired as treasury shares. As of the filing date of this report, discussions on withdrawal or price adjustment are ongoing for the 132 shares for which price adjustment was requested, and since these shares have not been acquired as treasury shares of Humax Holdings Co., Ltd. as of the merger new share allotment record date, merger new shares will be allotted to them. (Note 4) The number of treasury shares may change due to the occurrence of fractional shares during the merger process.

III. Exercise of appraisal (stock purchase) rights 1. Share purchase price and method of price determination Article 165-5, Paragraph 3 of the Financial Investment Services and Capital Markets Act provides that the share purchase price shall be determined by agreement between the shareholder and the relevant company. If no agreement is reached, the purchase price shall be the amount calculated pursuant to Article 176-7, Paragraph 3 of the Enforcement Decree of the Financial Investment Services and Capital Markets Act, based on the trading price of the relevant shares on the securities market prior to the board of directors' resolution date. However, if either the relevant company or the shareholder who requested the purchase objects to that purchase price, either may petition the court for a determination of the purchase price. The purchase prices proposed by the merging parties are as follows. [Proposed share purchase prices of the merging parties] (unit: KRW) Humax Co., Ltd.: KRW 6,591; Humax Holdings Co., Ltd.: KRW 6,839

(a) Humax Co., Ltd. common stock Company's proposed price for negotiation: KRW 6,591 Basis for calculation: the amount calculated under the purchase price calculation method pursuant to Article 165-5 of the Financial Investment Services and Capital Markets Act and Article 176-7 of the Enforcement Decree of the same Act Handling method if agreement is not reached: the amount shall be calculated based on the trading price of the relevant shares on the securities market pursuant to Article 165-5 of the Financial Investment Services and Capital Markets Act and Article 176-7 of the Enforcement Decree of the same Act, and a shareholder who requested the purchase and objects to that purchase price may petition the court for a determination of the purchase price.

1) Method of calculating the expected share purchase price for Humax Co., Ltd. common stock [Calculation of the expected share purchase price (base date: June 29, 2026)] ① Volume-weighted average price for the most recent 2 months: KRW 8,285; period April 30, 2026 ~ June 29, 2026 ② Volume-weighted average price for the most recent 1 month: KRW 6,104; period June 1, 2026 ~ June 29, 2026 ③ Volume-weighted average price for the most recent 1 week: KRW 5,383; period June 23, 2026 ~ June 29, 2026 Reference purchase price [(①+②+③)/3]: KRW 6,591

2) Details of calculation of the expected share purchase price for Humax Co., Ltd. common stock (date: closing price; trading volume; closing price × trading volume) 2026-06-29: 5,490; 25,080; 137,689,200 2026-06-26: 4,950; 11,177; 55,326,150 2026-06-25: 5,070; 7,874; 39,921,180 2026-06-24: 5,470; 16,400; 89,708,000 2026-06-23: 5,510; 24,904; 137,221,040 2026-06-22: 5,910; 13,600; 80,376,000 2026-06-19: 6,110; 8,138; 49,723,180 2026-06-18: 6,270; 7,398; 46,385,460 2026-06-17: 6,470; 5,453; 35,280,910 2026-06-16: 6,470; 6,947; 44,947,090 2026-06-15: 6,570; 11,136; 73,163,520 2026-06-12: 6,370; 12,136; 77,306,320 2026-06-11: 6,400; 6,187; 39,596,800 2026-06-10: 6,130; 7,799; 47,807,870 2026-06-09: 6,360; 10,666; 67,835,760 2026-06-08: 6,150; 14,721; 90,534,150 2026-06-05: 6,610; 17,779; 117,519,190 2026-06-04: 6,790; 9,659; 65,584,610 2026-06-02: 6,750; 23,162; 156,343,500 2026-06-01: 6,780; 20,793; 140,976,540 2026-05-29: 7,000; 11,320; 79,240,000 2026-05-28: 7,160; 21,185; 151,684,600 2026-05-27: 7,490; 18,193; 136,265,570 2026-05-26: 7,870; 39,400; 310,078,000 2026-05-22: 7,590; 36,917; 280,200,030 2026-05-21: 7,430; 14,662; 108,938,660 2026-05-20: 7,420; 26,422; 196,051,240 2026-05-19: 7,460; 27,525; 205,336,500 2026-05-18: 7,610; 62,122; 472,748,420 2026-05-15: 7,570; 52,624; 398,363,680 2026-05-14: 7,470; 78,779; 588,479,130 2026-05-13: 6,900; 22,800; 157,320,000 2026-05-12: 6,960; 59,289; 412,651,440 2026-05-11: 6,820; 71,641; 488,591,620 2026-05-08: 7,210; 37,926; 273,446,460 2026-05-07: 7,330; 64,933; 475,958,890 2026-05-06: 7,580; 183,826; 1,393,401,080 2026-05-04: 8,760; 1,606,092; 14,069,365,920 2026-04-30: 9,370; 508,439; 4,764,073,430 2-month weighted average closing price (KRW): 8,285; 1-month: 6,104; 1-week: 5,383 (Source: Korea Exchange (http://www.krx.co.kr))

(b) Humax Holdings Co., Ltd. common stock Company's proposed price for negotiation: KRW 6,839 Basis for calculation: the amount calculated under the purchase price calculation method pursuant to Article 165-5 of the Financial Investment Services and Capital Markets Act and Article 176-7 of the Enforcement Decree of the same Act Handling method if agreement is not reached: the amount shall be calculated based on the trading price of the relevant shares on the securities market pursuant to Article 165-5 of the Financial Investment Services and Capital Markets Act and Article 176-7 of the Enforcement Decree of the same Act, and a shareholder who requested the purchase and objects to that purchase price may petition the court for a determination of the purchase price.

1) Method of calculating the expected share purchase price for Humax Holdings Co., Ltd. common stock [Calculation of the expected share purchase price (base date: June 29, 2026)] ① Volume-weighted average price for the most recent 2 months: KRW 9,280; period April 30, 2026 ~ June 29, 2026 ② Volume-weighted average price for the most recent 1 month: KRW 6,233; period June 1, 2026 ~ June 29, 2026 ③ Volume-weighted average price for the most recent 1 week: KRW 5,004; period June 23, 2026 ~ June 29, 2026 Reference purchase price [(①+②+③)/3]: KRW 6,839

2) Details of calculation of the expected share purchase price for Humax Holdings Co., Ltd. common stock (date: closing price; trading volume; closing price × trading volume) 2026-06-29: 5,140; 5,726; 29,431,640 2026-06-26: 4,785; 3,774; 18,058,590 2026-06-25: 4,925; 3,393; 16,710,525 2026-06-24: 5,240; 4,192; 21,966,080 2026-06-23: 4,955; 13,998; 69,360,090 2026-06-22: 5,850; 4,798; 28,068,300 2026-06-19: 5,710; 3,760; 21,469,600 2026-06-18: 6,150; 4,886; 30,048,900 2026-06-17: 6,550; 3,715; 24,333,250 2026-06-16: 6,290; 1,969; 12,385,010 2026-06-15: 6,460; 4,695; 30,329,700 2026-06-12: 6,170; 8,189; 50,526,130 2026-06-11: 5,950; 10,748; 63,950,600 2026-06-10: 5,820; 6,812; 39,645,840 2026-06-09: 6,270; 5,372; 33,682,440 2026-06-08: 6,420; 5,350; 34,347,000 2026-06-05: 6,760; 5,514; 37,274,640 2026-06-04: 7,110; 4,824; 34,298,640 2026-06-02: 7,130; 20,749; 147,940,370 2026-06-01: 7,190; 20,432; 146,906,080 2026-05-29: 7,700; 8,957; 68,968,900 2026-05-28: 8,090; 9,508; 76,919,720 2026-05-27: 8,200; 19,745; 161,909,000 2026-05-26: 8,470; 25,503; 216,010,410 2026-05-22: 8,190; 67,139; 549,868,410 2026-05-21: 7,700; 6,181; 47,593,700 2026-05-20: 7,660; 5,381; 41,218,460 2026-05-19: 7,790; 9,969; 77,658,510 2026-05-18: 8,120; 28,303; 229,820,360 2026-05-15: 7,840; 16,085; 126,106,400 2026-05-14: 8,170; 37,744; 308,368,480 2026-05-13: 7,740; 14,044; 108,700,560 2026-05-12: 7,830; 73,862; 578,339,460 2026-05-11: 7,380; 133,519; 985,370,220 2026-05-08: 8,100; 27,325; 221,332,500 2026-05-07: 8,010; 44,005; 352,480,050 2026-05-06: 8,900; 155,472; 1,383,700,800 2026-05-04: 10,010; 1,585,637; 15,872,226,370 2026-04-30: 9,770; 163,613; 1,598,499,010 2-month weighted average closing price (KRW): 9,280; 1-month: 6,233; 1-week: 5,004 (Source: Korea Exchange (http://www.krx.co.kr))

2. Details of requests (a) Merging company: Humax Co., Ltd., Requesting shareholders: 539 persons; Request date: 2026-08-28 ~ 2026-09-17; Shares requested: 134,496 shares; Note: includes a total of 18 shareholders (3,608 shares) who requested price adjustment (b) Merged company: Humax Holdings Co., Ltd., Requesting shareholders: 342 persons; Request date: 2026-08-28 ~ 2026-09-17; Shares requested: 66,335 shares; Note: includes a total of 7 shareholders (132 shares) who requested price adjustment

3. Purchase date Both merging parties completed payment on September 22, 2026, within one month from the end date of the share purchase request period (September 17, 2026). - Humax Co., Ltd.: Of the total 134,496 shares for which appraisal rights were exercised, Humax Co., Ltd. completed payment of the purchase price for 130,888 shares, excluding 3,608 shares for which price adjustment discussions were not yet complete as of the filing date of this report. Price discussions for the 3,608 shares not yet agreed on price adjustment are ongoing, and the discussions and payment will be completed in the future in accordance with the relevant procedures. - Humax Holdings Co., Ltd.: Of the total 66,335 shares for which appraisal rights were exercised, Humax Holdings Co., Ltd. completed payment of the purchase price for 66,203 shares, excluding 132 shares for which price adjustment discussions were not yet complete as of the filing date of this report. Price discussions for the 132 shares not yet agreed on price adjustment are ongoing, and the discussions and payment will be completed in the future in accordance with the relevant procedures.

4. Source of funds for the purchase Both merging parties used their own funds and externally raised funds to pay the share purchase price.

5. Policy for handling the purchased shares The surviving company, Humax Co., Ltd., will not deliver merger new shares for the treasury shares it acquires through the exercise of appraisal rights by shareholders of the dissolving company, Humax Holdings Co., Ltd. The treasury shares acquired by Humax Co., Ltd. through the exercise of appraisal rights will be disposed of within 5 years from the date of purchase, pursuant to Article 165-5 of the Financial Investment Services and Capital Markets Act and Article 176-7 of the Enforcement Decree of the same Act. The 1,535,273 shares of the surviving company, Humax Co., Ltd., held by the dissolving company, Humax Holdings Co., Ltd., together with the 130,888 shares acquired through appraisal right exercise, are expected to be retired by board resolution to be held around October 30, 2026, within one month after completion of merger registration and additional listing of merger new shares (expected date: October 19, 2026). However, this schedule is the expected schedule as of the filing date of this report and may change; the company will disclose in accordance with relevant laws once the board resolution date and the date of retirement are confirmed.

IV. Matters concerning creditor protection Each of the merging parties carried out the following creditor protection procedures pursuant to Articles 232 and 527-5 of the Commercial Act. Creditor objection submission announcement: August 28, 2026 Creditor objection submission period: August 28, 2026 ~ September 29, 2026 Announcement medium: Humax Co., Ltd.: the company's website (https://kr.humaxdigital.com); Humax Holdings Co., Ltd.: the company's website (https://holdings.humaxdigital.com/) Creditor objection submission location: Humax Co., Ltd.: 216 Hwangsaeul-ro, Bundang-gu, Seongnam-si, Gyeonggi-do; Humax Holdings Co., Ltd.: 216 Hwangsaeul-ro, Bundang-gu, Seongnam-si, Gyeonggi-do During the above creditor objection submission period, no creditor of the merging parties submitted an objection.

V. Status of related litigation As of the merger effective date, no litigation that could affect the validity of the merger has been filed.

VI. Matters concerning allotment of new shares, etc. (a) Legal name of the merger new shares - Name: Humax Co., Ltd. registered common stock - Par value per share: KRW 5,000 - Number of new shares issued: 2,277,449 shares ※ No merger new shares will be allotted for the treasury shares that Humax Holdings Co., Ltd. comes to hold as a result of the exercise of appraisal rights by Humax Holdings Co., Ltd. shareholders who object to the merger.

(b) Rights attached to the merger new shares (1) Rights of the merger new shares The merger new shares are Humax Co., Ltd. registered common stock, and there are no matters that separately infringe the rights of common shareholders beyond what is provided by relevant laws and the company's articles of incorporation. The rights of Humax Co., Ltd. registered common stock under the articles of incorporation to apply to the surviving company after the merger are as follows. The following provisions of the articles of incorporation are to take effect from the date this merger becomes effective.

Chapter 2 Shares Article 5 (Total number of authorized shares) The total number of shares the company may issue shall be 80,000,000 shares (based on a par value of KRW 5,000 per share). Article 6 (Par value per share) The par value per share issued by the company shall be KRW 5,000. Article 7 (Total number of shares issued at incorporation) The total number of shares issued by the company at incorporation shall be 22,886,157 shares. Article 8 (Classes of shares) The shares to be issued by the company shall be common shares and preferred shares. Article 8-2 (Number and content of preferred shares) 1. The preferred shares to be issued by the company shall be non-voting, and the total number thereof shall be within 30% of the total number of issued shares. 2. For the preferred shares, the board of directors shall determine the preferred dividend rate within a range of 1% to 20% per annum based on par value. 3. If the dividend rate on common shares exceeds the dividend rate on preferred shares, the preferred shares shall participate in the excess at the same rate as the common shares. 4. If the prescribed dividend is not paid on the preferred shares in any fiscal year, the accumulated unpaid amount shall be paid preferentially at the time of the dividend for the following fiscal year. 5. If a resolution is adopted not to pay the prescribed dividend on the preferred shares, the preferred shares shall carry voting rights from the general meeting following the meeting at which such resolution was adopted until the close of the general meeting at which a resolution to pay such preferential dividend is adopted. 6. In the case of a paid-in or gratuitous capital increase by the company, new shares allotted in respect of the preferred shares shall be common shares in the case of a paid-in capital increase, and shares of the same class in the case of a gratuitous capital increase. 7. The term of the preferred shares shall be 5 years from the date of issuance, and upon expiration of this term, the shares shall convert into common shares. However, if the prescribed dividend has not been paid during that period, the term shall be extended until the prescribed dividend is paid in full. In this case, Article 10-2 shall apply mutatis mutandis to the dividend of profits on shares issued due to the conversion. Article 9 (Types of share certificates) Instead of issuing share certificates and share warrant certificates, the company shall electronically register the rights to be represented by shares and share warrant certificates in the electronic registration account book of the electronic registry. However, this may not apply to shares, etc. for which the company does not bear a registration obligation under the applicable laws.

(2) Dividend record date for the merger new shares The company pays dividends equally, regardless of issue date, to all shares of the same class issued (including shares converted) as of the dividend record date.

(3) Matters concerning listing of the new shares, etc. Humax Co., Ltd. plans to apply on October 12, 2026 for listing on the KOSDAQ market of the Korea Exchange of the merger new shares (common stock) issued pursuant to this merger, and the shares are expected to be listed on October 19, 2026. However, please note that this schedule may change in the course of consultations and the approval process with relevant institutions.

(c) Terms of delivery of the merger new shares (1) Recipients Merger new shares will be allotted to holders of Humax Holdings Co., Ltd. common stock recorded in the shareholder register as of the merger new share allotment record date (September 30, 2026). In the case of this merger, no merger new shares of the surviving company will be allotted for treasury shares held by Humax Holdings Co., Ltd. (including shares acquired or to be acquired as treasury shares through the exercise of appraisal rights by shareholders of the dissolving company; the same applies hereinafter). (2) Exchange ratio Humax Co., Ltd. registered common stock, the surviving company, will be delivered at a ratio of 0.9646707 shares per 1 share of Humax Holdings Co., Ltd. registered common stock. (3) Method of handling fractional shares arising upon allotment of new shares If a fractional share of less than 1 share arises from the allotment of merger new shares, the shareholder to whom the fractional share would belong will be paid in cash an amount calculated based on the closing price traded on the Korea Exchange on the listing date of the merger new shares, and such fractional shares will be treated as an acquisition of treasury shares by the surviving company, Humax Co., Ltd., pursuant to Article 341-2, Item 3 of the Commercial Act. ※ Related laws [Commercial Act] Article 341-2 (Acquisition of treasury shares for specific purposes) Notwithstanding Article 341, a company may acquire its own shares in any of the following cases: 1. Where it results from a merger of the company or the acquisition of the entire business of another company; 2. Where necessary to achieve the purpose in exercising a right of the company; 3. Where necessary to handle fractional shares; 4. Where a shareholder exercises an appraisal right.

(4) Payment of merger consideration Other than the cash paid pursuant to "(3) Method of handling fractional shares arising upon allotment of new shares" above, no merger consideration whatsoever will be paid to shareholders of the companies participating in this merger.

VII. Summary financial information before and after the merger, etc. (base date: June 30, 2026) (unit: KRW) Category: before merger - separate statement of financial position (Humax Co., Ltd.; Humax Holdings Co., Ltd.); simple aggregate; after-merger statement of financial position (Notes 3, 4) Current assets: 60,776,074,187; 3,984,192,161; 64,760,266,348; after merger: 62,454,821,223 Non-current assets: 374,213,730,809; 84,288,106,894; 458,501,837,703; after merger: 381,439,087,807 Total assets: 434,989,804,996; 88,272,299,055; 523,262,104,051; after merger: 443,893,909,030 Current liabilities: 194,319,801,681; 7,226,367,616; 201,546,169,297; after merger: 200,580,414,298 Non-current liabilities: 45,825,985,388; 98,323,750; 45,924,309,138; after merger: 45,924,309,138 Total liabilities: 240,145,787,069; 7,324,691,366; 247,470,478,435; after merger: 246,504,723,436 Capital stock: 21,985,060,500; 6,900,212,500; 28,885,273,000; after merger: 33,372,305,500 Other paid-in capital: 402,572,603,406; 112,006,380,999; 514,578,984,405; after merger: 520,066,197,316 Accumulated deficit: (201,893,967,142); (37,958,985,810); (239,852,952,952); after merger: (328,229,638,385) Other components of equity: (27,819,678,837); not applicable; (27,819,678,837); after merger: (27,819,678,837) Total equity: 194,844,017,927; 80,947,607,689; 275,791,625,616; after merger: 197,389,185,594 Total liabilities and equity: 434,989,804,996; 88,272,299,055; 523,262,104,051; after merger: 443,893,909,030

(Note 1) This statement of financial position was prepared as of June 30, 2026. The after-merger statement of financial position is an estimate, and may differ from the actual merger statement of financial position to be prepared as of the actual merger effective date. (Note 2) The pre-merger financial figures for both companies are on a separate (non-consolidated) financial statement basis, and the post-merger financial statements may differ from the simple aggregate figures due to transactions between the two companies. (Note 3) As Humax Co., Ltd. absorbs and merges with Humax Holdings Co., Ltd. with a merger effective date of October 1, 2026, Humax Co., Ltd. common stock held by Humax Holdings Co., Ltd. (1,535,273 shares) will be acquired as treasury shares, and together with the 130,888 treasury shares acquired through the exercise of appraisal rights, all of these shares are expected to be fully retired by board resolution to be held around October 30, 2026, within one month after completion of merger registration and additional listing of merger new shares (expected date: October 19, 2026). Accordingly, the total number of issued shares immediately after this merger, 6,584,982 shares, is expected to decrease to 4,918,821 shares after retirement of treasury shares, and the after-merger statement of financial position was prepared on the basis of the figures after retirement of treasury shares. (Note 4) The after-merger statement of financial position reflects the payment of the purchase price (Humax Co., Ltd.: KRW 862,682,808; Humax Holdings Co., Ltd.: KRW 452,762,317) arising from the exercise of appraisal rights occurring after June 30, 2026, and the redemption of Humax Holdings Co., Ltd.'s 11th exchangeable bonds (KRW 990,000,000).

Filed2026-10-01, Securities issuance report
SourceDART rcept 20261001000301 → 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 2026-10-01 (KST). · Converted at 1 USD ≈ ₩1,325 (rate of 2026-10-21).