Notice of New Share Issuance(2022.01)

Notice of New Share Issuance
The Company hereby announces that at the Board of Directors meeting held on January 3, 2022, a resolution was adopted to issue new shares through the capitalization of reserves, as follows:

– Details –

1. Type and Number of New Shares : 5,426,060 registered common shares

2. Issue Price : KRW 500 per share (par value)

3. Record Date for Allotment : January 18, 2022

4. Basis of Allotment : Shareholders listed in the shareholder register as of January 18, 2022 shall be allotted new shares at a ratio of 1 new share for every 1 existing share.

5. Handling of Fractional Shares : No fractional shares will arise due to the 1:1 allotment ratio.

6. Source of New Shares : Capital surplus (Share Premium): KRW 2,713,030,000

7. Dividend Commencement Date : January 1, 2022

8. Scheduled Listing Date of New Shares : February 9, 2022 (subject to change)

January 3, 2022
Emro Inc.
CEO Song Jae-min
(Seal omitted)

11, Dangsan-ro 41-gil, Yeongdeungpo-gu, Seoul
Dangsan SK V1 Center, Building E, 5th Floor