Conclusion of Single Sales Contract or Supply Contract
1. Type of sales or supply contract Other sales or supply contracts
- Name of contract concluded M-SAM(Mid-range Surface-to-Air Missile) export contract
2. Details of contract Contract amount (KRW) 2,597,375,721,084
Sales of the latest fiscal year (KRW) 1,600,344,315,019
Ratio to sales (%) 162.30
Classified as a large-sized corporation? Yes
3. Counterparty to contract -
- Relationship to company -
4. Regions of sales or supply (markets served) United Arab Emirates
5. Contract period Start date -
End date -
6. Terms and conditions of contract Due to national security concerns, details of the contract is not disclosed.
7. Effective date of contract (receipt of orders) -
8. Withholding of disclosure Reasons for withholding disclosure Business confidentiality
Withholding period -
9. Other matters to be factored into investment decisions
1) Contract details are not provided in this disclosure due to security requirements per defense industry regulations.

2) Above mentioned contract amount is in Korean Won(), converted from USD by using Seoul Money Brokerage Services' Basic Exchange Rate as of Jan. 17th, 2022(1,187.60 won/dollar).

3) Sales of the latest fiscal year(KRW) in above Item No. 2 refers to Year 2020 consolidated sales figure.

4) Contract amount may change depending the progress of the program.

5) This disclosure shall be considered as final statement for response to rumors or media reports dated November 18th, of 2021.
※ Related disclosure 2021-12-17 풍문 또는 보도에 대한 해명(미확정)
2021-11-18 풍문 또는 보도에 대한 해명(미확정)

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LIG Nex1 Co. Ltd. published this content on 19 January 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 19 January 2022 01:01:05 UTC.