Notice on Protection Measures and Required Actions for Holders of Stock Certificates Subject to Conversion to Electronic Securities

JAEPAX Inc. Official Notice

Subject: Protection Measures and Required Actions for Holders of Stock Certificates Subject to Conversion to Electronic Securities

Date: April 23, 2026

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Dear Shareholders and Stakeholders,

Pursuant to the enforcement of the 「Act on Electronic Registration of Stocks, Bonds, etc. (hereinafter the “Electronic Securities Act”)」 on September 16, 2019, and in order to protect the rights of holders of stock certificates subject to conversion to electronic securities, the Company hereby provides the following notice in accordance with Article 27, Paragraph 1 of the Electronic Securities Act.

– The Following –

1. Invalidation of Physical Stock Certificates

As of the electronic registration date (June 1, 2026), all physical stock certificates (subject to conversion) held by shareholders (rights holders) shall become invalid.

2. Submission and Deposit of Physical Stock Certificates

Accordingly, shareholders (rights holders) are requested to submit their physical stock certificates and apply for deposit into a securities company account no later than five (5) business days prior to the Company's electronic registration date.

[Reference]

The Company (issuer) intends to request the electronic registration institution (Korea Securities Depository) to carry out the electronic registration based on the rights holders recorded in the shareholder register as of the business day immediately preceding the electronic registration date (June 1, 2026).

April 23, 2026

JAEPAX Inc.

CEO Youngmin Choi