SIMPAC Plans to Cancel 5,370,968 Treasury Shares to Boost Shareholder Value

• SIMPAC plans to cancel 5,370,968 treasury shares to enhance shareholder value.
• Up to 1,500,000 common shares will be allocated to an employee stock ownership program as part of employee compensation.
• The board will determine the disposal method by December 2026.
• All remaining treasury shares will be retained, with holding and disposal plans submitted for approval at the 2027 annual shareholders’ meeting.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. SIMPAC Inc. published the original content used to generate this news brief via DART, the regulatory disclosure system operated by the South Korea Financial Supervisory Service (FSS) (Ref. ID: 20261030801200), on October 30, 2026, and is solely responsible for the information contained therein.