Notice of the 4th regular shareholders' meeting

I pray for your continued health and peace in your home.
In accordance with Article 363 of the Commercial Act and Article 19 of the Articles of Incorporation, we hereby invite you to attend the 4th regular shareholders’ meeting as follows. (For shareholders who own less than 1/100 of the total number of shares with voting rights, this notice will serve as a convocation notice in accordance with Article 542-4 of the Commercial Act and Article 21 of the Articles of Incorporation.)

- under -

1. Date and Time: 9:30 a.m., Friday, March 29, 2024

2. Location: SK-V1 Knowledge Industry Center, Building E, B1F, Room B106, 11 Dangsan-ro 41-gil, Yeongdeungpo-gu, Seoul (Korea Energy Technology Association Conference Room)

3. Purpose of the meeting

A. Reporting items: Sales report and audit report, internal accounting management system operation status report, external auditor appointment report

B. Agenda of Wealth
Agenda No. 1: Approval of separate financial statements (including statement of disposal of retained earnings) and consolidated financial statements for the 4th period (January 1, 2023 - December 31, 2023)
Agenda No. 2: Partial amendment of the Articles of Incorporation
Agenda No. 3: Appointment of Directors (5 internal directors, 2 external directors)
- Agenda No. 3-1: Appointment of Bae Seong-ung as an inside director
- Agenda No. 3-2: Appointment of Choi Seung-won as an inside director
- Agenda No. 3-3: Appointment of Kwon Hyuk-cheol as an inside director
- Agenda No. 3-4: Appointment of Seungwoo Lee as an inside director
- Agenda No. 3-5: Appointment of Hong Min-ki as an inside director
- Agenda No. 3-6: Appointment of outside director Dong-Ryul Lee
- Agenda No. 3-7: Appointment of Lee Kang-hee as outside director
Agenda No. 4: Regarding the appointment of auditors
- Agenda No. 4-1: Reappointment of Auditor Jaehyuk Heo
Agenda No. 5: Approval of the limit on director compensation
Agenda No. 6: Approval of the Audit Remuneration Limit

4. Placement of management reference information
Please refer to the company's management reference information, etc. pursuant to Article 542-4 of the Commercial Act, which is posted on the electronic disclosure system operated by the Korea Exchange and placed at our company's head office, the Financial Services Commission, the Korea Exchange, and the Securities Agency Department of Kookmin Bank.

5. What to prepare when attending the shareholders' meeting
(1) Direct event: General meeting attendance certificate, ID card
(2) Proxy event: Shareholders' meeting attendance certificate, proxy (personal information of shareholder and proxy, shareholder seal)
(seal), shareholder seal certificate, proxy's ID card

March 14, 2024

Blitzway Co., Ltd.
CEO Bae Seong-woong