Sale of Dongtan Land and Building for KRW 59.5B (9.39% of Assets) — Techwing

Summary

The company resolved to sell its land (13,067.3㎡) and building (16,714.38㎡) located in Dongtan Industrial Complex, Hwaseong, Gyeonggi Province, for KRW 59.5 billion. The buyer is Nine Bell Co., Ltd., with no special relationship to the company. The transaction represents 9.39% of total assets (based on 2025 year-end consolidated financials), with closing scheduled for August 31, 2026. The stated purpose is asset efficiency, balance sheet improvement, and securing liquidity. As a voluntary disclosure of a material asset disposal exceeding 5% of total assets, this signals a meaningful cash inflow and potential restructuring of the company's operational footprint.

Full Translation

Techwing / Decision on Disposal of Tangible Assets (Voluntary Disclosure) / (2026.05.15) Decision on Disposal of Tangible Assets (Voluntary Disclosure) Decision on Disposal of Tangible Assets (Voluntary Disclosure) 1. Object of Disposal 47 Dongtan Sandan 8-gil, Dongtan-gu, Hwaseong-si, Gyeonggi-do - Land (13,067.3㎡) and Building (16,714.38㎡) 2. Disposal Details Disposal Amount (KRW): 59,500,000,000 Total Assets (KRW): 633,699,354,109 Ratio to Total Assets (%): 9.39 3. Counterparty Nine Bell Co., Ltd. - Relationship with the Company: - 4. Purpose of Disposal Asset efficiency, improvement of financial structure, and securing of cash liquidity 5. Scheduled Disposal Date 2026-08-31 6. Board Resolution Date (Decision Date) 2026-05-15 - Attendance of Outside Directors Attended: 3 Absent: - - Attendance of Auditor (Audit Committee member who is not an outside director) Absent 7. Subject to KFTC Reporting Not applicable 8. Other Matters for Reference in Investment Decisions - The 'Disposal Amount (KRW)' in '2. Disposal Details' is the sales price under the sales contract, excluding VAT on the building portion. - The 'Total Assets (KRW)' in '2. Disposal Details' is based on the 2025 year-end consolidated financial statements. - The 'Scheduled Disposal Date' in item 5 is the date of receipt of the final balance. - The 'Board Resolution Date (Decision Date)' in item 6 is the date of the board resolution and contract execution. - The schedule of this contract and matters related to payment may change upon agreement with the counterparty. ※ Related Disclosures: -