We would like to express our sincere gratitude for the trust and cooperation you have always shown to our company.To improve our work environment and enhance our services, we will be relocating our Seoul office as follows:- Details -□ New Address: 178 Ogeum-ro, Songpa-gu, Seoul(170m from Exit 4 of Songpanaru Station on Subway Line 9 / 3-minute walk)□ Moving Date: Wednesday, August 20, 2025□ Business Resumption Date: Thursday, August 21, 2025※ Contact information(Telephone) remains unchanged.※ As there is no parking space available, please use public transportation. If you must drive, please use nearby private or public parking facilities.

Dear Shareholders and InvestorsOn March 19, 2025, Seojeon Electric Machinery Co., Ltd. was designated as a Stock Investment Warning due to "Inadequate Internal Accounting Control System."The reason, as cited by the external auditor (Shinhan Accounting Corporation, a Financial Supervisory Service-designated accounting firm), is:1. Failure to operate sufficient and appropriate control procedures related to the preparation of financial statements and the detection of significant errors.2. Inadequate execution of company-wide control activities.Among these,For the first issue (Failure to operate sufficient and appropriate control procedures), we have followed the auditor’s corrective recommendations, and the financial impact of these recommendations has been appropriately reflected in the 2024 financial statements.Regarding the second issue (Inadequate execution of company-wide control activities), we will continue to improve during the 2025 fiscal year to ensure an appropriate audit opinion in the 2025 financial audit, which is scheduled for 2026.We are committed to continuously improving our processes to prevent recurrence of similar issues.We sincerely apologize to our customers, shareholders, and all stakeholders and promise to prevent future occurrences.Thank you.

Agenda A. Reporting Items: Audit ReportBusiness ReportReport on the Operation of the Internal Accounting Control System B. Items for Resolution: Agenda Item 1: Approval of the 33rd (2024) Financial Statements (including the Proposed Statement of Appropriation of Retained Earnings)Dividend Plan: No Dividend -> Approved as originally proposed  Agenda Item 2: Amendment of the Executive Retirement Payment Regulations -> Approved as originally proposed  Agenda Item 3: Approval of the Limit on Directors’ Remuneration -> Approved as originally proposed  Agenda Item 4: Approval of the Limit on Auditors’ Remuneration -> Approved as originally proposed