Notice: Announcement of Merger and Sovereignty Submission

On October 22, 2024, Puzzle AI Co., Ltd. and Douyubi Co., Ltd., in accordance with Article 527-2 and Article 527-3 of the Commercial Act, respectively, decided to merge (A) to take over their rights and obligations and (B) and resolve to disband (merger date: November 29, 2024), so creditors who have objections to this merger resolution should submit their objections as follows. Also, shareholders and pledgees of the company should submit their old sovereignty to the company within the above period.

Details:

• Creditor subject to objection: Creditor who has bonds with our company
• Submission period of objection: October 22, 2024 – November 22, 2024
• Place of submission of objection and submission of old sovereignty: Puzzle AI Management Support Office Co., Ltd.

October 22, 2024

(A): 5th floor, 507 Gangnam-daero,
Seocho-gu, Seoul, Puzzle AI Co., Ltd.
(Banpo-dong, Shintaeyang Building)
CEO Kim Yong-sik

(B) : Douyubi Co., Ltd.
Room 902, 9th Floor, 507 Gangnam-daero, Seocho-gu, Seoul (Banpo-dong, Shin Taeyang Building)
CEO Son Hyun-go

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