MOP

"Public Notice of New Share Issuance

Date of Notice: November 6, 2023

M.O.P Co., Ltd
Notice of Third-Party Allotment of New Shares

Pursuant to Article 418(4) of the Korean Commercial Act, M.O.P Co., Ltd. hereby gives public notice that the Board of Directors, at its meeting held on October 31, 2023, resolved to issue new shares through a third-party allotment as follows.

Details

1. Type and Number of New Shares:  2,025 redeemable convertible preferred shares (Series 6)
1. Par Value per Share:  KRW 5,000 per share
1. Issue Price per Share:  KRW 493,710 per share
1. Total Amount of Issuance:  KRW 999,762,750
1. Payment Date:  November 20, 2023
1. Method of Allotment:  Third-party allotment pursuant to Article 418 of the Korean Commercial Act and Article 10(2) of the Articles of Incorporation of the Company.

November 6, 2023
M.O.P Co., Ltd
10F, #1005, 10 Seonyuro 9-gil, Yeongdeungpo-gu, Seoul, Republic of Korea
CEO: Hyungil Choi
(Seal omitted)"