T-money's Mobility Spin-off, Strategic Partnership with Kakao Mobility

## Tmoney Mobility, Opening New Horizons in the Mobility Ecosystem with Innovation Rooted in Public Good Tmoney has officially launched an independent corporation, ‘Tmoney Mobility,’ by physically spinning off its existing mobility business unit, in active response to the rapidly changing trends of the mobility market and to secure future growth engines. This newly established entity, as a specialized 'Mobility FinTech & Platform' company, is expected to inject new vitality into the domestic mobility industry by focusing on activating integrated mobility services based on public transportation as its core foundation. This physical spin-off is deeply significant as it lays the groundwork for Tmoney Mobility to actively respond to market changes through independent management decisions and swift decision-making. In particular, it is evaluated that the increased ease of strategic alliances and attracting external investment has created a stable foundation for securing resources for innovative service development and business expansion. This is interpreted as a strategic move to maximize the company's growth potential and secure a competitive edge in the future mobility market. The most noteworthy aspect accompanying the launch of Tmoney Mobility is the equity investment and strategic cooperation from Kakao Mobility, the largest mobility platform company in Korea. Kakao Mobility is expected to fully support the advancement of public transportation and public service infrastructure, and through synergy between the two companies, significantly contribute to promoting tourism linked with domestic mobility services, and further, to discovering new services that innovate user convenience. This cooperation is anticipated to be a crucial turning point that goes beyond a mere business alliance, accelerating the overall development and expansion of the Korean-style mobility ecosystem. Tmoney Mobility has expressed a strong commitment to taking the lead in realizing social value, beyond simply generating profit. Specific business promotion directions include: ▲prioritizing the activation of services for transportation and digitally vulnerable groups, and ▲expanding MaaS (Mobility as a Service: integrated mobility service) businesses optimized for the characteristics and demands of each region. Furthermore, it will ▲contribute to local transportation development through close cooperation with local governments, and ▲focus on fostering a healthy mobility ecosystem through win-win partnerships with the transportation industry. In addition, it presented a strong vision to establish itself as an exemplary company fulfilling its corporate social responsibility by strengthening ESG (Environmental, Social, Governance) management. Cho Dong-wook, CEO of Tmoney Mobility, emphasized the vision of "building a 'mobility ecosystem for everyone' by providing innovative services with public interest as a core value." He further stated his ambition to "grow into a specialized 'Mobility FinTech & Platform' company that organically connects all services necessary for daily mobility and allows for convenient payment," expressing a strong determination to deeply integrate into users' daily lives and provide more convenient and smarter mobility experiences. Under this vision, Tmoney Mobility's trajectory as a leader poised to open new horizons in the future mobility market is drawing attention.