Cancellation of the 23rd Term Annual Shareholders’ Meeting and Notice of Extraordinary Shareholders’ Meeting

Change in Policy for Holding the Meeting

Kaifin has decided to cancel the continuation of the 23rd Term Annual Shareholders' Meeting scheduled for July 24, 2026, and has changed its policy to convene an Extraordinary Shareholders' Meeting after confirming the funding plan and funding procurement by the company's auditor's non-issuance of an opinion. This is because an unqualified opinion needs to be issued in the auditor’s report, and the current situation where no opinion has been issued prevents us from proceeding with the continuation of the meeting. The schedule for the future will be notified to shareholders as soon as the record date and the date and time of the extraordinary shareholders' meeting are decided.

Impact on Shareholders and Future Outlook

The Extraordinary Shareholders' Meeting will be convened based on a newly set record date, and voting rights and attendance will be limited to shareholders as of that record date. As a result, the composition of shareholders may differ from that of the previous meeting, and shareholders need to be attentive when attending or exercising voting rights. Kaifin is working to quickly confirm the funding plan and funding procurement to ensure business stability and continuity, and aims to complete the audit procedures.