Hanbat IOT Co., Ltd. (the "Our Company") announced the following matters based on Article 65 of the Act on Electronic Registration of Stocks and Bonds as it has decided to change the articles of association for stock split (face split) at the extraordinary general shareholders' meeting held on November 21, 2024, and divide 30,000 shares of the Company with a face value of KRW 5,000 of one share into 1,500,000 shares of the Company with a face value of KRW 100 of one share. 1. Matters related to stock split (face split) 1) Target stock certificates: Hanbat IOT registered common stock 2) Face value and number of shares issued before and after stock split

Classification	Before the stock split	After the stock split
face value	5,000	100
Total number of issued shares	30,000	1,500,000

2. Key schedule related to stock split (face split) 1) Stock split (face split) reference date: November 21, 2024 2) Stock split effective date (face split): December 20, 2024 3) Suspension period of trading transactions: November 21, 2024 to December 20, 2024 4) Scheduled date of issuance of new shares: December 21, 2024 ※ Since electronically registered shares are automatically split, shareholders do not need to take any action. This schedule is subject to change depending on changes in the contents of the relevant laws, consultations with related organizations, and internal circumstances of the company. November 21, 2024 Room 402, Daejeon Knowledge Industry Center, 151 Gyejok-ro, Dong-gu, Daejeon Jinhae Jeong, CEO of Hanbat IoT Co., Ltd.

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