Notice Regarding Change in Largest Shareholder

Notice Regarding Change in Largest Shareholder

Subject: Notice Regarding Change in Largest Shareholder of Hanwha Vision Co., Ltd.

1. We would like to take this opportunity to express our gratitude for your support and faith in us over the years.
   
2. We are writing to notify you that Hanwha Corporation (“Hanwha”), the current largest shareholder of Hanwha Vision Co., Ltd. (the “Company” or “we”), plans to carry out a simple spin-off (the “Spin-off”) of its business division engaged in managing subsidiaries, including Hanwha Vision Co., Ltd., Hanwha Hotels & Resorts Co., Ltd., Hanwha Galleria Co., Ltd., Hanwha Momentum Co., Ltd. and Hanwha Robotics Co., Ltd., and making new investments (the “Spin-off Business”), to a newly established company, Hanwha Machinery & Services Holdings Co., Ltd. (tentative name, “NewCo”).
   
3. The plan for the Spin-off (the “Spin-off Plan”) was duly approved by Hanwha’s board of directors on January 14, 2026. The tentative timeline of the Spin-off is as follows:
   
   ─ July 15, 2026: General meeting of shareholders to approve the Spin-off Plan
   ─ August 1, 2026: Spin-off date
   ─ August 3, 2026: Registration date of the Spin-off (the “Effective Date”)
   
   
4. As a result of the Spin-off, the shares of the Company held by Hanwha will be comprehensively transferred to NewCo as of the Effective Date pursuant to the Korean Commercial Code and the Spin-off Plan. Accordingly, on the same date, the largest shareholder of the Company is expected to change from Hanwha to NewCo.
   
5. Notwithstanding the Spin-off and the resulting change in the Company’s largest shareholder, there will be no change to the Company’s legal personality, corporate name, business or operations, and the Company will continue to operate its business in the same manner after the Spin-off.
   
6. Accordingly, pursuant to the procedures required under the relevant agreement(s) entered into between you and us, we hereby give you notice of the change in the Company’s largest shareholder resulting from the Spin-off.
   
7. For any questions or other inquiries regarding the change in the Company’s largest shareholder, please contact the following person in charge, and we will be pleased to assist you.

8. Please kindly take the above into consideration in your business. If there is any additional update that we need to inform you of, we will contact you as soon as it is confirmed.
   

June 12, 2026
Hanwha Vision Co., Ltd.
President & CEO Kichul Kim