Shinsung E&G : Material Business Matters Related to Investment Decisions (Acquisition of Patent Related to High-Efficiency Solar Module Manufacturing)

Material Business Matters Related to Investment Decisions

1. Title	Acquisition of Patent Related to High-Efficiency Solar Module Manufacturing
2. Details	(1) Name of patent Shingled string, and the method for manufacturing solar cell modules with the same (2) Key contents of the patent This invention is intended to improve the manufacturing process of "high- efficiency solar modules," and concerns the connection process technique for the connectors' electrical connection with the solar cell pieces. It is intended to reduce the rate of defect by improving the quality of semi-finished products at each stage, and to enhance the utilization of raw and subsidiary materials and productivity by reducing unnecessary material requirements. (3) Patent holder Shinsung E&G Co., Ltd. (4) Date of patent acquisition 2022-01-18 (5) Plan for patent utilization The patent will be applied to major production technologies customized for the high-efficiency photovoltaic module market and the various photovoltaic application product markets. The Company expects that this will contribute to the improvement of product output as well as to cost competitiveness.
3. Date of board resolution (decision date) or confirmation date	2022-01-18
- Attendance of outside directors	Present(No.)	2
Absent(No.)	-
- Attendance of auditors (members of Audit Committee who are not outside directors)	Present
4. Other matters to be factored into investment decisions
※ "3. Date of board resolution (decision date) or confirmation date" is the date of receipt of the patent fee payment confirmation from the patent firm.
※ Related disclosure	-