Notice in lieu of the merger report general meeting

Notice in lieu of the merger report general meeting

Blitzway Co., Ltd. and Sticky Monster Lab Co., Ltd. resolved to absorb and merge Sticky Monster Lab Co., Ltd. and succeed to all rights and obligations of Sticky Monster Lab Co., Ltd. and dissolve Sticky Monster Lab Co., Ltd., as of July 1, 2022, Blitzway Co., Ltd. received approval from the board of directors in lieu of the general shareholders' meeting in accordance with Article 527, Paragraph 3 (small-scale merger) of the Commercial Act, and Sticky Monster Lab Co., Ltd. received approval from the general shareholders' meeting. Blitzway Co., Ltd. and Sticky Monster Lab Co., Ltd. have completed the merger procedures stipulated by the Commercial Act.

Accordingly, pursuant to Paragraphs 1 and 3 of Article 526 of the Commercial Act, the Board of Directors resolved on August 17, 2022 to replace the merger reporting general meeting with this public notice, and the fact of the completion of the merger is reported to each shareholder by public notice.

August 17, 2022

Blitzway Co., Ltd.

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

CEO Bae Seong-ung