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Notice Concerning of Absorption-Type Merger (Simplified/Short Form Merger) of a Consolidated Subsidiary

At a meeting held today, the Adastria Co., Ltd. (“Company”) Board of Directors resolved to merge wholly owned subsidiary ADOORLINK Co., Ltd. into the Company via an absorption-type merger (“Merger”), effective as of March 1, 2025.
As the Merger is a simplified, short-form merger with a wholly owned subsidiary, the Company has omitted certain disclosures.