Tranche Update on Duksung Co., Ltd.'s Equity Buyback Plan announced on September 30, 2022.

DUKSUNG CO., LTD. is a Korea-based company mainly engaged in the manufacture of synthetic leathers. The Company’s products portfolio consists of synthetic leathers such as polyvinyl chloride (PVC) synthetic leathers and poly urethane (PU) synthetic leathers used for foot wears, balls, gloves, furniture, automobile interior trimmings and abrasive clothes under the brand name Dual Max, LEDER, SERINO, FRUNIS and others, as well as synthetic resins including PU-resins used as materials for synthetic leathers, action leathers, water proofing coatings and others under the brand name BESTHANE and BESTOLE. It also involves in the manufacture of electronic materials such as thinners, photo resist strippers and polymer removers used for semiconductor chemicals and others.