Notice of the 24th Annual General Meeting of Shareholders

We sincerely wish good health and continued prosperity to all our shareholders.

In accordance with Article 363 of the Korean Commercial Act and Article 16 of the Articles of Incorporation of AJ Networks Co., Ltd., the 24th Annual General Meeting of Shareholders will be held as follows:

1. Date and Time

March 28, 2024 (Thursday), 09:00 AM

2. Venue

2nd Floor Conference Room, AJ Bldg., 8-9 Jeongui-ro, Songpa-gu, Seoul 05836, Korea

3. Agenda

A. Reports

- Business Report

- Audit Report

- Report on Internal Accounting Control System Operation

B. Resolutions

Agenda Item 1: Approval of the 24th Separate and Consolidated Financial Statements

Agenda Item 2: Approval of Statement of Appropriation of Retained Earnings (Cash Dividend)

Agenda Item 3: Appointment of Directors

- Agenda Item 3-1: Appointment of Samdal Son as Inside Director

- Agenda Item 3-2: Appointment of Myungchul Kim as Non-executive Director

- Agenda Item 3-3: Appointment of Seungwoo Ryu as Outside Director

- Agenda Item 3-4: Appointment of Beomsoo Kim as Outside Director

Agenda Item 4: Appointment of Auditor (Candidate: Insan Hwang)

Agenda Item 5: Approval of Remuneration Limit for Directors

Agenda Item 6: Approval of Remuneration Limit for Auditor

Agenda Item 7: Amendment to Executive Retirement Pay Regulations

March 13, 2024

AJ Networks Co., Ltd.

AJ Bldg., 8-9 Jeongui-ro, Songpa-gu, Seoul 05836, Korea

Chief Executive Officer Samdal Son