Mando, Notice of Designation as a Non-Compliant Disclosure Corporation

[Asia Economy Reporter Gong Byung-sun] Mando was notified on the 7th by the Korea Exchange's KOSPI Market Division that it is designated as an unfaithful disclosure company due to failure to comply with fair disclosure obligations such as concluding a single sales and supply contract.

The penalty for the disclosure violation is 4 million KRW.