[Yongsin-KY] Announcement of Shareholders' Meeting Approval for Waiver of Non-Compete Restrictions for Newly Appointed Director

1. Date of shareholders' meeting resolution: 2026/06/05 2. Name and title of the director permitted to engage in competitive behavior: Director: Chi Bo-yan / Deputy General Manager, Xiamen Yongyu Machinery Industrial Co., Ltd. 3. Content of permitted competitive behavior: Items that are the same as or similar to the company's scope of business. 4. Period of permitted competitive behavior: During the term of office. 5. Resolution status (pursuant to Article 209 of the Company Act): Approved by the annual general meeting of shareholders on June 5, 2026, to lift the non-compete restriction on the aforementioned director. 6. Name and title of the director if the permitted competitive behavior relates to businesses in mainland China: Director / Chi Bo-yan 7. Name and position at the mainland Chinese business: Xiamen Yongyu Machinery Industrial Co., Ltd. / Deputy General Manager 8. Address of the mainland Chinese business: No. 5, Siming Park, Tong'an Industrial Concentration Zone, Tong'an District, Xiamen City, Fujian Province 9. Business scope of the mainland Chinese business: Manufacturing and processing of automotive hydraulic brake master/wheel cylinders and related components. 10. Impact on the company's financial and business operations: Not applicable. 11. Investment amount and shareholding ratio of the director in said mainland Chinese business: Not applicable. 12. Other items to be stated: None.