LELON: Board of Directors Resolves Not to Proceed with Private Placement Capital Increase Approved by 2025 Shareholder Meeting

1. Date of Board of Directors' resolution change: 2026/05/13 2. Original planned effective date of declaration: 2025/06/25 3. Date of subsequent issuance: Not applicable 4. Reason for change: The company's private placement cash capital increase plan, approved by the shareholders' meeting on June 25, 2025, will expire on June 24, 2026. As the deadline approaches, the Board of Directors has resolved not to proceed with the plan. 5. Fund-raising plan before and after previous changes: Not applicable 6. Expected progress of execution: Not applicable 7. Expected completion date: Not applicable 8. Expected potential benefits: Not applicable 9. Difference from original expected benefits: Not applicable 10. Impact of this change on shareholders' equity: Not applicable 11. Summary of opinion from original lead underwriter: Not applicable 12. Other matters that should be specified: None