Doosan Fuel Cell : Conclusion of Single SalesContract or Supply Contract

Conclusion of Single Sales Contract or Supply Contract

1. Type of sales or supply contract	Other sales or supply contracts
- Name of contract concluded	Fuel cell system supply contract
2. Details of contract	Contract amount (KRW)	19,300,000,000
Sales of the latest fiscal year (KRW)	381,400,000,000
Ratio to sales (%)	5.06
Classified as a large-sized corporation?	No
3. Counterparty to contract	Zhejiang Beisen Hydrogen Science & Technology Co., Ltd.
- Relationship to company	-
4. Regions of sales or supply (markets served)	China
5. Contract period	Start date	2022-04-26
End date	2023-03-31
6. Terms and conditions of contract	-
7. Effective date of contract (receipt of orders)	2022-04-26
8. Withholding of disclosure	Reasons for withholding disclosure	-
Withholding period	-
9. Other matters to be factored into investment decisions
- The above contract concerns the supply of 4.8MW fuel cell systems(Hydrogen model) and the contract amount is worth KRW 19.3 billion. - The agreement will be effective when the customer places the purchase order and transfers down payment. - The 'Contract amount' in Clause 2 is calculated by applying the basic exchange rate(KRW 1,247.10/USD) as of the date of the conclusion of contract and the number is rounded up to the nearest KRW 100 million. - The 'Sales of the latest fiscal year' in Clause 2 is based on the K-IFRS non-consolidated financial statements for year 2021 and the number is rounded up to the nearest KRW 100 million. - The 'End date of Contract period' in Clause 5 is the delivery due date and may be changed depending on contractual progress.
※ Related disclosure	-