Exchange Announces Preliminary Designation of Luxel as a Delinquent Disclosure Corporation

[Asia Economy Reporter Kang Nahum] The Korea Exchange KOSDAQ Market Division announced on the 24th that Luxel has been preliminarily designated as a non-compliant disclosure corporation due to disclosure reversal.

The reasons for the designation are the withdrawal of the shareholders' meeting convening resolution, the withdrawal of the company split decision, and the withdrawal of business suspension. The deadline for deciding whether to designate as a non-compliant disclosure corporation is April 16.