• iWin will absorb its 52.85%-owned automotive-parts subsidiary iWin Auto, with the merger scheduled to take effect on Dec. 31, 2026.
• Each eligible subsidiary share will receive 1.2937468 parent shares, with 192,252 new common shares to be issued.
• Merger valuations are KRW 11,898 per parent share and KRW 15,393 per subsidiary share.
• The new shares are scheduled to begin trading on Jan. 17, 2027.
• The combination aims to reduce management costs while strengthening automotive electronics manufacturing through the subsidiary’s production expertise.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. iWin Co. Ltd. published the original content used to generate this news brief via DART, the regulatory disclosure system operated by the South Korea Financial Supervisory Service (FSS) (Ref. ID: 20261026000365), on October 26, 2026, and is solely responsible for the information contained therein.