Announcement • May 15
INCON Co.,Ltd. announced that it expects to receive KRW 15 billion in funding INCON Co.,Ltd. has announced a private placement of Series 13 Unregistered Interest Unsecured Private Convertible Bonds of the company to raise gross proceeds of KRW 15,000,000,000 on May 14, 2026. The transaction involves the new investor participation of JK New Technology Fund No. 21 for KRW 12,400,000,000 and Petal New Technology Fund No. 97 for KRW 2,600,000,000. The bonds are 100% convertible into 9,392,611 common shares of the company at a conversion price value of KRW 1,597 and carry interest rate of 2% and maturity interest rate of 3%. The conversion billing period starts from June 12, 2027 to May 12, 2029.The transaction has been approved by the board of directors of the company. The bonds have a maturity date of June 12, 2029. All the securities issued in the offering is subject to a hold period of 1 year from date of issuance. The transaction is expected to close on June 12, 2026. Announcement • Feb 25
INCON Co.,Ltd., Annual General Meeting, Mar 30, 2026 INCON Co.,Ltd., Annual General Meeting, Mar 30, 2026, at 09:10 Tokyo Standard Time. Location: conference room, 375, sowol-ro, yongsan-gu, seoul South Korea New Risk • Jan 19
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of South Korean stocks, typically moving 9.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Latest financial reports are more than 1 year old (reported September 2022 fiscal period end). High level of non-cash earnings (40% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (9.1% average weekly change). Market cap is less than US$100m (₩24.8b market cap, or US$16.9m).