Banf's Tire Solution Wins NextRise 2025 Global AI Innovator Award

## Smart Tire Innovator BANF Achieves Triumph at 'NEXTRISE 2025', Sweeping AWS and Naver Cloud Awards Simultaneously! BANF, a leading company in the smart tire system sector, achieved an unprecedented feat at 'NEXTRISE 2025', Asia's largest startup and innovation expo. At this event, BANF had the honor of simultaneously receiving the 'Global Innovator Japan Award' and the 'AI Innovator Award'. Notably, these awards were directly selected by Amazon Web Services (AWS) and Naver Cloud, the official sponsors of NEXTRISE 2025, respectively. This unprecedented recognition of a single company's innovation by two global giant sponsors simultaneously has drawn significant attention from the industry. This achievement is regarded as a symbolic testament to BANF's world-class technology and market potential. 'NEXTRISE 2025', Asia's largest innovation expo exploring the future of cutting-edge technologies such as AI, sustainability, and future mobility, brought together over 1,600 startups and approximately 250 global companies and venture capitalists (VCs) this year to showcase innovation. Amidst this fierce competition, BANF, recognized for its immense growth potential in the global market based on its unique tire profiling and real-time road analysis technology, proudly secured a spot among the 20 award-winning domestic companies. BANF's intelligent tire system combines an in-tire embedded 3-axis accelerometer and proprietary smart profiler technology to precisely analyze subtle changes in tires and road surface information in real-time. This is a key driver for maximizing vehicle driving safety and innovatively improving fuel efficiency, establishing itself as an essential component of future mobility. Yoo Seong-han, CEO of BANF, stated, "These awards signify that BANF stands shoulder-to-shoulder with global innovation leaders, and our unique technological capabilities and immense growth potential have been officially recognized on the world stage." He added with strong ambition, "We will focus all our capabilities on pioneering the future of AI-based smart mobility and driving innovation." In addition, BANF formalized a strategic partnership last June with Nira Dynamics, a leading virtual sensor company under CARIAD, Volkswagen's software subsidiary, thereby securing a foothold for entering the European market. Building on this collaboration, BANF is poised to officially expand its intelligent tire system across Europe, positioning itself to become a key player in global mobility innovation.