Tranche Update on ktcs corporation's Equity Buyback Plan announced on August 7, 2020.

ktcs corporation is a Korea-based company mainly engaged in the contact center business and 114 phone-number guidance businesses. The Company operates its business through three divisions: call center business division, 114 phone-number guidance division and distribution division. Its call center business division provides service order, claim, service open, customer retention, technical consulting, online open and before and after services for Olleh KT. Its 114 phone-number guidance division provides 114 directory assistance services, priority directory assistance services and smart 114 telephone guide applications. Its distribution business provides Internet, telephone, cell phone and other wired and wireless telecommunication products to subscribers, under the consignment contract with KT. It also engages in the leasing of real estate and other business.