Tranche Update on sindoh Co.,Ltd.'s Equity Buyback Plan announced on March 24, 2022.

Sindoh Co Ltd is a Korea-based company mainly engaged in the manufacture and sale of multifunction devices. The Company operates its business through five segments. The Multifunction Device segment is mainly engaged in the production and sales of digital color multifunction devices, digital monochrome multifunction devices, color multifunction devices, and monochrome multifunction devices. The Automatic Document Feeder (ADF) and Sorter segment mainly manufactures and supplies convenient document copying devices. The Consumables segment produces and sells products such as 3D printers, digital multifunction devices, printers, fax machines, and paper. The Merchandise segment mainly sells N series multifunction devices. The Other segment sells after-sales (A/S) parts and is engaged in fax rental business. The Company sells its products in both domestic and overseas markets.