Japan Display Inc. and WEDZ signed an amended MOU extending the period for the final contract signing date to October 31, 2024. JDI and WEDZ have been engaged in positive and productive discussions with respect to the eLEAP project launch. WEDZ has given JDI its full focus and support to complete all necessary procedures, including project approval applications to the relevant Chinese authorities.

Recognizing that it will take more time to ensure the completeness of these applications, JDI and WEDZ have agreed to work towards securing the necessary regulatory approvals and sign a final contract by October 31, 2024. JDI and WEDZ will continue to work closely towards the smooth launch of this project, and look forward to cooperating to drive the project's progress and disclose that progress in a timely manner.