Page 48 - B2B all year round_UPDATE 5

C O N F I D E N T I A L
H i s t o r y

✓Established MBI Co., Ltd
2005 ✓Registered Company Annexation Laboratory(Korea Industrial Technology Association)
~ 2010 ✓Signed Joint Development Contract Powertrain(2 Speed Transmission) for E-Bike/ E-Motorcycle with LG INNOTEK
✓ISO 9001 : 2008 Approved Registration of Quality Management Certification

✓Completed Powertrain(2 Speed Transmission) Development
2010 ✓Powertrain(2 Speed Transmission) Patent Application & Registration
~ 2012 ✓Registered Gear & Power Delivery Machine Manufacturing Business Factory

✓Registered Vehicle Manufacturing Business Factory for a Bike & Patient

✓“Transmission for motor and controlling device thereof” Awarded the “Gold Prize” in Seoul International Invention Fair
2012 ✓“Multi-Speed Transmission” Awarded the “Silver Prize” in Seoul International Invention Fair (Patent Technology)

~ 2015 ✓"Transmission for motor and controlling device thereof” Awarded the “Grand Prize” in <Building / Machinery> Field
✓Registered as a Venture Company

2015 ✓Awarded the Prize of the Minister of Industry and Commerce in small and medium-sized enterprise Technology
Competition
~ 2018
✓Established a Branch in China (Ningbo MBI Powertrain)

✓ Planned to Develop a Powertrain for E-4 Wheels (Prototype Plan in 2020’)
✓Organizing the Business Cooperative Net Composition for MBI E-Motorcycle Business
✓Established a branch in Vietnam (MBI MOTORS)
2019 ✓MBI Business Fields
~ 2020 (E-Scooter, E-Motorcycle, Powertrain(Motor, Controller, Reduction Gear/Transmission), Battery, Battery Station, Personal Charger, App)

✓ Established a corporation in China(Taizhou MBI)
✓ Designated audit selection for KOSDAQ listing