Robotis Co,.Ltd authorizes a Buyback Plan.

ROBOTIS CO., LTD. is a Korea-based company mainly engaged in the production and sale of edutainment robots. The edutainment robots apply to elementary schools and early childhood education. The edutainment robot are sold under the names of ROBOTIS OLLO, DREAM, SMART, PLAY, ROBOTIS MINI, PREMIUM and STEM. The Company is engaged in provision of humanoid robot actuators and robot platform. The actuators are applied to professional service robots such as medical, defense, aerospace robots. In addition, the Company manufactures and sells robot parts. The Company distributes its products within the domestic market and to overseas markets.