Mar. 11, 2021

Company Name:

W-Scope Corporation

Stock Exchange Listing:

Tokyo Stock Exchange Section 1

Representative:

Won-Kun Choi, President & CEO

Contact:

Hideo Ouchi, Director

TEL:

+81-(0)3-5436-7155

Notice Regarding Preparations for Listing of Korean Consolidated Subsidiary

We are pleased to inform you that W-SCOPE CHUNGJU PLANT CO., LTD.(WCP) , our wholly-owned consolidated subsidiary, has signed a lead managing underwriter with two securities companies , and has started preparations for listing on the KOSDAQ market.

The purpose of the listing is to ensure the flexibility of financing methods as we proceed with the planned expansion of WCP's production capacity in line with the significant increase in medium- to long-term demand from our business partners.

The listing date is expected to be in the first half of 2022.

In the future, if there is the reason to disclose, we will promptly disclose the listing of WCP shares, including the impact on the Group's business performance.

＜Lead underwriter＞

・KB Securities Co., Ltd. ・Shinhan Investment Corp.

(Overview of W-SCOPE CHUNGJU PLANT CO., LTD.) Location: Chungju-si, Chungbuk, Korea

Representative Director: Choi Won-kun

Business overview: Manufacture and sales and research and development of separation membranes (separator) for lithium-ion batteries

Capital: 356 mil. JPY , Total assets: 49,595 mil. JPY , Net assets: 15,486 mil. JPY

（As of the end of December 2020）

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W-Scope Corporation published this content on 11 March 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 11 March 2021 07:31:02 UTC.