Temporary Shareholder Meeting Notice Regarding Share Consolidation, Abolition of Sub-Shared Share Unit, and Partial Amendment to the Articles of Incorporation

Overview of this matter

As an extraordinary general meeting notice, and in the context of Culturra Content CC's two-stage acquisition, this proposal includes share consolidation and partial amendment to the articles of incorporation. After consolidation, the company will delist, with cash payments to fractional shareholders. Consolidation ratio is 1,200,000 shares to 1 share. The effective date of the share consolidation is 2026-10-01, with the designation date and delisting date announced. A special committee will be established to ensure independence and relations with the offeror, among other procedures, which are described in detail.

Implications and outlook

Post-delisting, trading on the Growth Market will be unavailable, so the fairness of cash payments for fractional shares is a key concern for minority shareholders. The amendment to the articles and share consolidation will become effective after approval at this extraordinary general meeting. The impact on future capital policy and business strategy depends on post-merger synergies and the medium- to long-term growth strategy achieved through the two-stage acquisition.