Merger Notice, Share Submission and Creditor Objection Notice

Merger Notice , Share Submission and Creditor Objection Notice

Blitzway Co., Ltd. (hereinafter “Party A”) and Sticky Monster Lab Co., Ltd. (hereinafter “Party B”) resolved, at the board of directors’ meeting and shareholders’ meeting held on July 13, 2022, that “Party A” would absorb and merge with “Party B” and succeed to its rights and obligations, and that “Party B” would be dissolved.

As “Party A” surviving this merger owns all (100%) of the total number of issued shares of the disappearing “Party B” and does not issue new shares due to this merger, pursuant to Article 527-2 (Simple Merger) and Article 527-3 (Small-scale Merger) of the Commercial Act, “Party A” replaced the approval of the general shareholders’ meeting with a resolution of the board of directors, and “Party B” approved this merger with a resolution of the general shareholders’ meeting.

Accordingly, shareholders holding the stocks of “A” and “B” are requested to submit their stocks, and creditors holding objections to this merger are requested to submit their objections to “A” and “B” within one month from the date of this public notice.

July 13, 2022

"the former"

Blitzway Co., Ltd.

638 Gukhoe-daero, Yeongdeungpo-gu, Seoul (Yeongdeungpo-dong 7-ga, Blitzway Building)

CEO Bae Seong-ung

"second"

Sticky Monster Lab Co., Ltd.

26, Heewoojeong-ro 3-gil, Mapo-gu, Seoul, 1st and 2nd floors (Hapjeong-dong)

CEO Kang In-ae