Notice of New Share Issuance by Neo Crema Co., Ltd.

On July 15, 2019, our board of directors resolved to issue new shares for KOSDAQ market listing (with the securities registration statement filing date on July 16, 2019) and publicly announced this decision (announcement date: July 16, 2019). In accordance with Article 5 of the "Regulations on Securities Underwriting," the issuing price and number of shares have been finalized, and we hereby announce the updated details as follows.

 –  Details –

- Public Offering: 1,550,000 shares
- Private Allocation (Mandatory Shares for Listing Sponsor): 46,500 shares
     (Kiwoom Securities as underwriter, subject to change if public subscription falls short)

- According to Article 10 of our articles of incorporation, existing shareholders' preemptive rights for new shares shall be excluded.

- The shares offered will be allocated based on Article 9 of the Regulations on Securities Underwriting.

- Shares to be mandatorily acquired by the listing sponsor will be allocated according to Article 26 of KOSDAQ Market Listing Rules.

August 9, 2019

Neo Crema Co., Ltd.

211 Jungdae-ro, Songpa-gu, Seoul (Garag-dong, Naun Building)

CEO  Kim Jae-hwan