Hiparking Co. Ltd. signed a memorandum of understanding to acquire Ajpark.Co., Ltd from AJ Networks Co.,Ltd. (KOSE:A095570) for KRW 61.6 billion on March 4, 2021. On May 7, 2021, Hiparking Co. Ltd. agreed to acquire Ajpark.Co., Ltd from AJ Networks Co.,Ltd. for KTW 73.4 billion. Hiparking paid a performance deposit of KRW 3 billion. After signing this transaction, sign a stock purchase contract within 9 weeks from the date of commencement of due diligence. As the exclusive preferred negotiation period under the Memorandum of Understanding expires on April 30, 2021, the parties extended the exclusive preferred negotiation period to May 7, 2021 for one week, as stipulated in the agreement. The expected date of disposal of June 30, 2021. Hiparking Co. Ltd. completed the acquisition of Ajpark.Co., Ltd from AJ Networks Co.,Ltd. (KOSE:A095570) on June 30, 2021. The balance of KRW 29.62 billion, excluding the previously paid down payment of KRW 5 billion, was received on the final transaction closing date.