IR Notices

The Company held its 13th Annual General Meeting of Shareholders on March 31, 2026,

and hereby provides a summary of the key resolutions and major Q&A from the shareholder meeting below.

1. Results of the 13th Annual General Meeting of Shareholders

 All agenda items presented at the Meeting were approved as originally proposed.

 ■ Agenda Item 1: Approval of Financial Statements for FY13 (Jan 1 – Dec 31, 2025)

  - Approved as proposed.

  - The external auditor issued an unqualified (clean) opinion for both separate and consolidated financial statements.

  - For detailed financial information, please refer to the Business Report disclosed via the DART system.

 ■ Agenda Item 2: Appointment of Directors

  - Mr. Hong-Sik Choi was reappointed as an Independent Director.

 ■ Agenda Item 3: Approval of Director Compensation Limit

  - Approved as proposed.

 ■ Agenda Item 4: Approval of Auditor Compensation Limit

  - Approved as proposed.

 ■ Agenda Item 5: Amendment to the Articles of Incorporation

  - Approved as proposed.

2. Key Q&A from the Shareholder Meeting

 The following summarizes key questions raised by shareholders and responses from management during the recent shareholder meeting.

 Gridwiz will continue to communicate transparently with shareholders and strive to enhance corporate value.

 ■ Part 1. Major Shareholders and Strategic Partnerships

  Q1. What is the outlook for SK Gas’s approximately 20% stake and future collaboration?

  A1. SK Gas is not merely a financial investor, but a strong strategic partner that has been working with the Company since the early stages of its ESS business in 2017.

       We continue to collaborate closely with SK affiliates, including SK Eternix, in areas such as software supply and distributed energy projects.

       Regarding recent market speculation on potential stake sales, the Company is not in a position to confirm such matters.

       Given the size of the stake, the likelihood of a simple market disposal is low, and both parties continue to generate business synergies based on strong mutual trust.

 ■ Part 2. Capital Deployment and Future Growth Strategy

  Q2. How will the Company utilize its approximately KRW 50 billion in cash reserves?

  A2. Following the IPO, certain investments were delayed due to temporary market conditions such as the EV market slowdown,

       However, the Company plans to deploy capital toward overseas expansion and asset acquisition in the energy sector, which is our core business.

       Previously, asset-based investments were limited, but we are now actively pursuing such opportunities backed by strengthened capital and credibility.

       Preparations such as the establishment of an Australian subsidiary are already underway, and we expect to deliver meaningful results in the near term.

  Q3. What is the strategic direction for subsidiaries?

  A3. Subsidiaries are operated to enhance specialization in specific business areas and will continue to be strategically utilized in future business expansion.

 ■ Part 3. Shareholder Return and IR Communication

  Q4. How is the Company approaching shareholder return policies?

  A4. The Company acknowledges responsibility regarding share price performance and is reviewing various options.

       Dividend policies are being approached cautiously, based on sustainable cash flow considerations,

       and alternative measures such as share buybacks are also under review to enhance shareholder value.

  Q5. What are the Company’s future IR and communication plans?

  A5. The Company is making efforts to disclose positive developments through voluntary disclosures,

       however, stricter regulatory requirements present practical challenges.

       We plan to expand IR activities and strengthen communication channels with both institutional and retail investors.

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We sincerely appreciate the continued support and trust of our shareholders.

The Company will strive for sustainable growth and enhancement of corporate value.

Thank you.

Gridwiz Inc.