Guide to the Public Subscription for Emro Co., Ltd. Shares Listed on KOSDAQ(2021.08)

Public Offering Notice of Emro Inc.

• Subscription Period: August 4 (Wed) – August 5 (Thu), 2021 (2 business days)
• Offering Price per Share: KRW 22,600
• Total Offering Amount: KRW 22,963,950,400 (1,016,104 shares)
• Lead Underwriter: Korea Investment Co., Ltd.
• Website: www.truefriend.com / Tel: +82-1544-5000
• The corporate IR materials and video of Emro Inc. are available on the Korea Investor Relations Service (KIRS) website: www.kirs.or.kr/information/broadcastview.html?no=686

Emro Inc. hereby invites investors to subscribe for its shares as follows.
Investors are advised to carefully review the Investment Prospectus available at the subscription offices of Korea Investment Co., Ltd. prior to subscription.

1.1. Issuer : Emro Inc.
2.2. Total Number of Issued Shares : Total issued shares: 5,375,254 shares (Common shares: 5,375,254 shares)
3.3. Offering Price : Offering price per share: KRW 22,600 (Par value: KRW 500)
4.4 Details of the Offering
       1. (1) Type of Shares : Registered common shares
       2. (2) Number of Shares Offered : 1,016,104 shares
       3. (3) Allocation Ratio
                Category    Eligible Subscribers    Allocation
                Institutional Investors    Investors as defined in Article 2, Paragraph 8 of the Regulations on Securities Underwriting    762,078 shares (75.0%)
                General Investors    Investors meeting the subscription eligibility criteria determined by the lead underwriter (refer to the Prospectus)    254,026 shares (25.0%)

                If there are any unsubscribed shares in a given subscriber category, such remaining shares shall be reallocated to other categories with oversubscription.

      4. (4) Subscription Unit

• ① Institutional investors may subscribe in units of one (1) share.
• ② General investors may subscribe at the branches of Korea Investment Co., Ltd., the lead underwriter.
• ③ For general investors, the minimum subscription amount is 10 shares and the maximum is 8,000 shares per person. Preferred
       customers may subscribe up to 16,000 shares (200%), and premium preferred customers up to 24,000 shares (300%). Online-
       only customers may subscribe up to 4,000 shares (50%). Subscription units are subject to the Prospectus.
• ④ Institutional investors shall subscribe within the quantity allocated through the demand forecasting process. If additional
       subscription is required due to potential undersubscription, institutional investors may apply in units of one (1) share up to the
       lesser of their legally permitted investment limit or the maximum of 762,078 shares.

      5. (5) Subscription Deposit

• ① No subscription deposit is required for institutional investors.
• ② General investors are required to deposit 50% of the subscription amount as a subscription deposit.

      6. (6) Substitution and Refund of Subscription Deposit

          For general investors, the subscription deposit shall be applied as the payment for shares on the payment date (August 9, 2021).
          If the deposit is insufficient and the shortfall is not paid by the subscription date, the lead underwriter shall acquire the corresponding shares for its own account. Any excess subscription deposit shall be refunded
          on the payment date (August 9, 2021). No interest shall accrue on the deposit. Institutional investors are exempt from the subscription deposit and shall pay 100% of the allocated amount to the lead underwriter on
          August 9, 2021 between 08:00 and 13:00. Such payment shall be applied as the payment for shares on the payment date.If the amount paid by an institutional investor is less than the total payment amount for the |
          allocated shares, the lead underwriter shall acquire the shortfall shares for its own account in accordance with the underwriting agreement.
         
         ※ Domestic and overseas institutional investors are required to pay a subscription fee equal to 1.0% of the allocated amount on the payment date.
             Failure to pay the subscription fee may be deemed as non-payment.

       7. (7) Subscription and Allocation Method
         
          Please refer to the Emro Inc. Investment Prospectus available at the branches of Korea Investment Co., Ltd.

        8.(8) Subscription Offices

• ① General investors: Korea Investment Co., Ltd. (Head office and branches)
• ② Institutional investors: Korea Investment Co., Ltd. (Head office and branches)
• ③ Announcement of Allocation Results and Refund of Excess (or Additional Payment for Shortfall)

               On August 9, 2021 (Mon), the allocation results and refund (or additional payment) details shall be announced on the website of the lead underwriter, Korea Investment Co., Ltd.
               (www.truefriend.com), in lieu of individual notifications.