Announcement of issuance of new shares allocated to three parties

In accordance with Article 418 of the Commercial Act and Articles 8 and 9 of the company's articles of association, it is announced that new shares will be issued in a three-way allocation method as follows.

1) Types and Numbers of New Stocks: 923,311 Convertible Preferred Shares 

2) Three-way allocation targets: Stone Bridge Ventures, Rockets Ventures, CitK Investments, Hana Financial Investment Co., Ltd

3) 500 won per face value

4) Issue price of new shares: 16,300 won per share (Friday, 16,300 won) 

5) Issue amount of new shares: KRW 15 billion,949,969,300 today (￦ 15,049,969,300)

6) Subscription date and share payment date: August 10, 2021 to August 13, 2021

7) Financial institutions to pay their shares: Bank of Korea's Yeongtong Branch (Depositor: AP Technology Co., Ltd.)

8) Other necessary procedures for issuing new shares shall be entrusted to the CEO. 

July 26, 2021 

AP Technology Co., Ltd

CEO Shin Cheol-soo