Last year, as we marked the 35th anniversary o f our founding, we declared "The Next 50 Years, New Challenges" and
made our best efforts across all business sectors to put ethical and lawful management into practice. These efforts
actively accept the social demand and historical mission for "transparent and fair competition" so that our company can
establish a foundation to achieve "sustainable growth and development without interruption."

Social demands for fair competition have long been institutionalized.
Recently, the "Conflict of Interest Prevention Act" was enacted and enforced, and demands for ethical and lawful
management are also expected to intensify.

In addition, demands for creating a safe workplace are increasing day by day.
We have selected a safety management officer in accordance with the Serious Accidents Punishment Act, which has been
implemented in full swing in order to establish a thorough safety management and inspection system, and we continuously
support and evaluate the work performance of all safety managers in real time so that we can become a safe and happy
company.

We must solidify our will to practice ethical and lawful management even further.
We must continuously inspect whether our internal systems and management structures are functioning properly, and we
must all firmly solidify our will to practice so that the ethical and lawful management system can function efficiently.

We are now maximizing our company's R&D capabilities to powerfully embark on a new 50 years.
Through proactively practicing ethical and lawful management, Seojeon Electric Machinery CO, LTD. must lead carbon
neutrality in the electric and energy industry fields and exert its utmost capabilities so that innovative lawful management
can be achieved.

In this new year of Gapjin, I urge the active practice of ethical and lawful management from all employees so that we can
overcome uncertain business environments and develop into Seojeon Electric Machinery CO, LTD. that earns everyone's
love and trust. Yours Truly,