22nd Notice of Annual Meeting of Shareholders

I wish the shareholder’s good health and peace in your home

In accordance with the article 363 of the Commercial Act and the article 16 of the Articles of Incorporation , the company is holding the 22^nd annual meeting of shareholders as follows.

1. Date/Time : March 29, 2022, at 09:00 Korea Standard Time (UTC+9)

2. Place : Conference Room(2F), AJ Bldg, 8-9, Jeongui-ro, Songpa-gu, Seoul, 05836, Korea

3. Meeting Purpose

- Reports : Sales report, Audit report, External auditor appointment report, Report of operating status of internal accounting management system.

- Agenda

Agenda Item 1 : Approval of 22^nd Separate Financial Statements and Consolidated Financial Statements.

Agenda Item 2 : Approval of Statement of Appropriation of Retained Earnings (cash dividend)

Agenda Item 3 : Partial amendments to the Articles of Incorporation

Agenda Item 4 : Appointment of Directors

Agenda Item 5 : Approval of granting stock option

Agenda Item 6 : Approval of the limit of remuneration for Directors

Agenda Item 7 : Approval of the limit of remuneration for Auditors

Agenda Item 8 : Approval of Executive Retirement Pay Regulations

March 14, 2022

AJ Networks Co., Ltd.

AJ Bldg, 8-9, Jeongui-ro, Songpa-gu, Seoul

CEO Dae Hyun Park