Tranche Update on e-LITECOM CO., Ltd.'s Equity Buyback Plan announced on May 9, 2023.

ELC Co Ltd, formerly E-Litecom Co Ltd, is a Korea-based company principally engaged in the manufacture and sale of electronic components. The Company operates its business through three segments. The Back Light Unit (BLU) segment is engaged in the manufacture and sale of small and medium-sized BLUs applied to mobile phones, tablets, small home appliances. The Semiconductor Equipment segment is engaged in the manufacture and sale of semiconductor equipment such as strip grinder equipment as well as spare parts for related semiconductor processes. The Control and Measuring Equipment segment is engaged in the manufacture and sale of flow meters, spinners and reducers for semiconductor equipment.