Announcement on issuance of new shares and sale of existing shares

1. Outline of issuance of new shares and sale of existing shares

2. Issuance price of new and existing stocks: KRW 24,000 to KRW 27,000 per share (planned)

(However, in accordance with Article 5 of the Regulations on Securities Acquisition, etc., demand forecasts are conducted for institutional investors, and the results are reflected and determined by the CEO after consultation with the representative managing company)

3. Recruitment and sales method

1) New stocks for recruitment are delegated to recruit after receiving the total amount from the representative managing company

2) New stocks for recruitment are allocated in accordance with Regulation No. 9 on securities underwriting

4. Acquisition method

The total amount of stocks to be recruited is acquired by the underwriting party according to the Total Stock Acquisition and Recruitment/Sales Agreement concluded between the Company, the sales shareholder, the representative holding company, the joint holding company, and the underwriting company.

Other details on the acquisition method are entrusted to the CEO.

5. Subscription Date: From November 21, 2019 to November 22, 2019

6. Payment date: November 25, 2019

7. Bank for payment: Shinhan Bank Digital Jungang Corporate Finance Center Branch

8. Stock warrant: In accordance with Article 11 of the Articles of Incorporation, old shareholders are restricted from stock warrant.

9. Others: Details related to the listing process are delegated to the CEO.

November 8, 2019

Koreacenter Co.,Ltd.

1401, Building A, 168 Gasan Digital 1-ro, Geumcheon-gu, Seoul (Gasan-dong, Woorim Lions Valley)

CEO Kim Ki Rock