Tranche Update on Winix Inc.'s Equity Buyback Plan announced on October 18, 2021.

WINIX INC. is a Korea-based company engaged in the manufacturing of electric home appliances together with its subsidiaries. The Company produces evaporators, condensers, air conditioner components, cold and hot water purifiers, fan heaters, dehumidifiers, water dispensers, air coolers, air cleaners, air purifiers, refrigerator decoration chassis and other components. It also provides materials such as resins and fuses. The Company has partnership with Hi Mart, G Market, CJ Shopping, LG Electronics, Samsung Electronics and others. It distributes its products within domestic market and to overseas markets such as Japan and the United States. On August 1, 2014, it merged with WINIMAX.CO.,LTD, which is engaged in the manufacturing and sales of electronic goods. After that, Winix is survived and WINIMAX is dissolved.