Tranche Update on Kortek Corporation's Equity Buyback Plan announced on May 23, 2023.

Kortek Corporation is a Korea-based company mainly engaged in the manufacture and distribution of industrial color monitors. The Company provides thin film transistor-liquid crystal display (TFT-LCD) monitors and plasma display panels (PDPs), which are used in game machines, digital information display (DID) devices and medical equipment under the brand name KORTEK. In addition, the Company provides monitor components, such as LCD panels and PDP modules. The Company distributes its products within domestic market and to overseas markets.