Announcement of Subsidiary Establishment

Dear Sir/Madam,
I hope this message finds you in good health and spirits. I would like to express my sincere gratitude for your continued support.
We are pleased to announce that we have separated the design and engineering department of Cross Effect Co., Ltd. and established a new company, Cross Design Co., Ltd. In the newly established subsidiary, we will not only strengthen our "design and engineering" capabilities but also enhance our "digital services" to provide multifaceted proposals that meet our customers' needs.
We kindly ask for your continued support for both Cross Design Co., Ltd. and Cross Effect Co., Ltd.
Establishment date of the subsidiary: June 1, 2022.

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