Decision to Acquire Shares of Other Company: Full Consolidation of Hyundai Vendis

Hyundai Easywell to acquire 63,089 shares of subsidiary Hyundai Vendis for 5.85 billion won (5.4% of equity), achieving 100% ownership
Purpose: acquisition per shareholder agreement; full consolidation after acquisition
Hyundai Vendis financials: assets 22.8B won, liabilities 19.7B, equity 3.1B, sales 5.2B, net profit 0.76B (current year)
Expected acquisition date: 2026-05-06; board resolution date same; all outside directors attended
Counterparties: Cho Jung-ho (CEO) and Han Sun-ho (executive) - executives of subsidiary of ultimate parent Hyundai GF Holdings

Filing: Decision on Acquisition of Stocks and Investment Securities of Other Corporations
Company: HYUNDAI EZWEL (090850)
Submission: HYUNDAI EZWEL CO., LTD.
Receipt: 05-06-2026
Under KRX KOSDAQ Market Division