Dear Shareholders,

We hereby announce that at the board meeting of Zionex, Inc. held on April 30, 2024, it was resolved to issue new shares through a third-party allocation method as described below.

1. Type and number of new shares: Convertible preferred shares with redemption rights, 37,100 shares
2. Purpose of fundraising: Research and development and operational funds
3. Face value per new share: KRW 5,000
4. Issue price per new share: KRW 94,286
5. Payment date for new shares: May 16, 2024
6. Method of allocating new shares: Based on Article 418 of the Commercial Act and Article 9, Section 2, Paragraph 1 of the company’s articles of association, all new shares are to be allocated and subscribed to by a third party.

April 30 , 2024​​​

Dongsik Yoo, CEO
( official seal omitted )

Zionex, Inc.

R&D Tower, Unit 908, 396 World Cup Buk-ro (Sangam-dong, Nuritkum Square), Mapo-gu, Seoul, Korea 03925