Notice of Business Split and Back Office Consolidation

Overview of the Organizational Reorganization

SHIFT aims to promote its transformation into an AI company by consolidating back office operations through a business split. This reorganization seeks to improve business efficiency and optimize management resources, while also expanding its AI business. Specifically, the management functions of the back office will be transferred to a newly established company, enhancing governance and accelerating business growth.

Future Outlook and Impact

Following the reorganization, SHIFT will promote AI business development while reducing costs and improving operational efficiency. The newly established company's focus will be on consolidating back office functions and strengthening management, which is expected to accelerate its business pace and improve management transparency. SHIFT plans to further accelerate its transformation into an AI company and expand its business to enhance corporate value.