Rights offering (paid-in capital increase) decision (subsidiary)

What happened

Rights Offering Decision (Material Management Matter of a Subsidiary)

Notification of a Material Management Matter of the Subsidiary, FG Investment No. 3 Co., Ltd.

1. Type and number of new shares Common shares (shares): 500,000 Other classes of shares (shares): -

2. Par value per share (KRW): 1,000

3. Total shares issued before the capital increase Common shares (shares): 2,000 Other classes of shares (shares): -

4. Purpose of fundraising Facility funds (KRW): - Business acquisition funds (KRW): - Working capital (KRW): 300,000,000 Debt repayment funds (KRW): - Funds to acquire securities of other companies (KRW): 13,500,000,000 Other funds (KRW): -

5. Method of capital increase: Third-party allotment [In the case of a third-party allotment]

6. New share issue price Common shares (KRW): 27,600 Other classes of shares (KRW): -

7. Discount or premium rate to the base share price (%): -

8. Basis in the articles of incorporation for the third-party allotment: Allotment to a third party pursuant to Article 9, Paragraph 2 of the articles of incorporation

9. Payment date: 2026-10-01 10. Dividend record date for the new shares: 2026-10-01 11. Scheduled date of new share certificate delivery: 2026-10-02

12. Matters relating to in-kind contribution Whether there is an in-kind contribution: No Whether the in-kind contribution property includes shares of an unlisted company: Not applicable In-kind contribution value of shares scheduled for payment In-kind contribution value (KRW): - As a percentage of the Company's most recent fiscal year total assets (%): - Number of shares scheduled for payment: -

13. Board resolution date (decision date): 2026-10-01 Independent (outside) director* attendance: Present (persons) -; Absent (persons) - Auditor (audit committee member who is not an independent (outside) director) attendance: -

14. Whether subject to filing of a securities registration statement: No 15. Reason for exemption from filing: As the issuing company is an unlisted corporation, this does not constitute an offering or sale of securities under the Enforcement Decree of the FSCMA. 16. Whether subject to reporting to the Fair Trade Commission: No

17. Other matters for reference in investment decisions 1. This disclosure relates to the third-party allotment rights offering resolution of the Company's subsidiary, FG Investment No. 3 Co., Ltd. 2. Regarding "13. Board resolution date (decision date)" above, as of that resolution date FG Investment No. 3 Co., Ltd. is a corporation with capital stock of less than KRW 1 billion and has a sole director, and accordingly has no board of directors. Therefore, the entries for "attendance of outside directors" and "attendance of the auditor (audit committee member who is not an outside director)" are omitted, and pursuant to the Commercial Act, the resolution of the general meeting of shareholders replaces the board resolution for this rights offering; the "board resolution date (decision date)" therefore refers to the date of the shareholders' meeting resolution. 3. Among the "matters relating to the subsidiary" below, the entry for "total assets of the subsidiary" is omitted because the entity was newly incorporated in 2026, and the "controlling company's consolidated total assets" is based on the Company's consolidated financial statements as of the end of 2025. 4. The authority to decide and execute detailed matters relating to this matter is delegated to the representative director.

Related disclosures: -

[Basis and purpose of the third-party allotment]

Basis in the articles of incorporation for third-party allotment: Article 9 (Preemptive Rights) 1. Shareholders of the Company have the right to be allotted new shares in proportion to the shares they hold when new shares are issued. 2. Notwithstanding the preceding paragraph, in the following cases, the preemptive rights of existing shareholders are not recognized, and the board of directors may by resolution determine the allotment ratio of new shares or the persons to be allotted new shares (including persons who hold shares of the Company): (1) Where new shares are issued by way of a general public offering by board resolution; (2) Where new shares are allotted preferentially to members of the employee stock ownership association; (3) Where new shares are issued upon the exercise of stock options; (4) Where new shares are issued in connection with the issuance of depositary receipts (DRs) under the Financial Investment Services and Capital Markets Act; (5) Where new shares are offered for registration of the share certificates with the association, or underwritten by an underwriter; (6) Where necessary to achieve the Company's management objectives, such as the introduction of new technology or improvement of the financial structure, pursuant to Article 418, Paragraph 2 of the Commercial Act. 3. Where a shareholder waives or forfeits all or part of its preemptive rights, or where fractional shares arise in connection with the issuance of new shares, the method of handling such matters shall be determined by board resolution. Purpose of the third-party allotment: Working capital and funds to acquire securities of other companies, etc.

[Selection process, transaction history, and allotment details for each third-party allottee]

Third-party allottee: Pureun Financial Stability New Technology Investment Association No. 1 Relationship with the Company or largest shareholder: Subsidiary Selection process: To achieve management objectives Transaction history and plans within 6 months before/after the capital increase decision: - Number of shares allotted (shares): 500,000 Remarks: -

[Specific purpose of use of funds raised through the third-party allotment - in the case of working capital / other funds] (Unit: KRW)

Use of funds: Working capital Details: Financial costs, administrative costs, and due diligence costs Planned amount to be used by year - 2026: 290,000,000; 2027: 5,000,000; 2038 and after (as stated in the filing): 5,000,000; Total: 300,000,000

[Specific purpose of use of funds raised through the third-party allotment - in the case of funds to acquire securities of other companies / business acquisition funds]

Use of funds: Funds to acquire securities of other companies Counterparty: Jeil M&S Co., Ltd. Securities-issuing company: Jeil M&S Co., Ltd. Business description of the securities-issuing company: Manufacture and sale of secondary battery mixing equipment Basis for calculating the acquisition price: Par value

[Specific purpose of use of funds raised through the third-party allotment - key financial information of the securities-issuing company for the most recent fiscal year] (Unit: KRW)

Fiscal year: 2025; Fiscal year-end month: December Total assets: 528,073,345,609 Revenue: 151,265,078,664 Total liabilities: 539,536,019,480 Net income (loss): -15,701,718,128 Total equity: -11,462,673,871 External auditor: Hanyoung Accounting Corporation Capital stock: 10,300,332,500 Audit opinion: Disclaimer of opinion

[Matters relating to the subsidiary]

Subsidiary name: FG Investment No. 3 Co., Ltd. English name: - Representative: Lee Jung-hoon Main business: Investment in other companies and equity acquisition business Whether a major subsidiary: Not applicable Total assets of the subsidiary (KRW): - Controlling company's consolidated total assets (KRW): 67,557,730,152 Controlling company's consolidated total assets ratio (%): -