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: 306,747 Shares of Convertible Preferred Stock

2) Three-Party Allocation Targets: Stone Bridge Ventures, DS Asset Management, AIP Venture Partners Co., Ltd

3) 500 won per face value 

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

5) Amount of new shares issued: KRW 4,999,976,100 (￦ 4,999,976,100)

6) Subscription date and share payment date: September 28, 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.

September 02, 2021

AP Technology Co., Ltd

CEO Shin Cheol-soo