Public Notice of Issuance of New Shares

Dear Shareholders of Hanssak Co., Ltd.,

Hanssak Co., Ltd. hereby announces that, pursuant to Article 461 of the Commercial Act, the Company has resolved to issue new shares as follows in order to capitalize a portion of its reserves.

• Details -

1. Type and Number of New Shares:
   Registered common shares of Hanssak Co., Ltd. – 5,447,652 shares
2. Issue Price of New Shares:
   KRW 500 per share
3. Record Date for Allocation of New Shares:
   April 30, 2024
4. Method of Allocation:
   100% of the new shares to be issued will be allocated to shareholders listed in the shareholder register as of 18:00 on April 30, 2024, at a ratio of one (1) new share for each one (1) share held.
   However, no new shares will be allocated to the Company’s treasury shares (23 registered common shares as of the board resolution date).
5. Source of Allocation:
   Share premium amounting to KRW 2,723,826,000
6. Dividend Base Date for New Shares:
   January 1, 2024
7. Expected Listing Date of New Shares:
   May 24, 2024 (subject to change depending on relevant authorities)
8. Place of Distribution of Share Certificates:
   Securities Agency Business Division, KB Kookmin Bank
9. Taxation of New Shares:
   The increase in equity resulting from the exclusion of treasury shares and the source of the bonus issue (share premium) may be deemed as dividend income under the concept of merger valuation gains.
10. Others:
    Any ancillary matters related to the issuance of new shares shall be delegated to the Chief Executive Officer.

April 15, 2024

Hanssak Co., Ltd.
CEO: Joo Do Lee (Seal omitted)