Notice of Issuance of New Shares

WiPowerOne, Inc. hereby announces that, pursuant to the resolution of the Board of Directors dated October 1, 2026, the Company has resolved to issue new shares through a third-party allotment as set forth below, in accordance with Article 418, Paragraph 4 of the Korean Commercial Act.

– Details –

1. Type and Number of New Shares: 1,541 Redeemable Convertible Preferred Shares (RCPS)

2. Issue Price: KRW 1,946,991 per share (par value: KRW 5,000 per share)

3. Payment Date: October 21, 2026

4. Method of Allotment: Third-party allotment pursuant to Article 9, Paragraph 2, Item 4 of the Articles of Incorporation

October 1, 2026

WiPowerOne, Inc.

WiPowerOne is showcasing its 50 kW high-power wireless charging system for Purpose-Built Vehicles (PBVs), currently under development in collaboration with Kia, at the Kia Technology Pavilion at the 2026 Gwangju-Jeonnam Future Industry Expo.

The exhibition runs from September 2 to 5, where WiPowerOne is presenting its high-power wireless charging technology for Kia PBVs and highlighting its potential applications in future autonomous mobility environments.

WiPowerOne’s wireless charging system transfers power from a transmitter pad to a receiver pad installed underneath the vehicle when the vehicle parks over the charging pad. This enables automatic charging without cables or human intervention.

The 50 kW high-power wireless charging solution is designed to automate charging and improve operational efficiency for high-utilization mobility applications, including robotaxis, autonomous shuttles, and logistics vehicles.

Beyond vehicles, WiPowerOne is expanding its wireless charging solutions across the broader Physical AI mobility ecosystem, including AMRs and humanoid robots. The company aims to enable fully autonomous operations where autonomous vehicles and robots can operate and recharge without human intervention.

WiPowerOne received the Innovation Award at the International e-Mobility Expo (IEVE) 2026, held in Jeju Island. The IEVE Innovation Award, jointly organized by the World EV Association and the International Electric Vehicle Expo, recognizes companies based on comprehensive evaluations of innovation, practicality, business potential, sustainability, and safety. At the expo, a wide range of future mobility technologies were showcased, including e-mobility solutions, charging infrastructure, batteries, components and materials, autonomous driving technologies, robotics, and renewable energy. During the event, WiPowerOne presented its wireless charging system capable of high-power wireless charging. The system features a lightweight receiver pad that enables high-power wireless power transfer, making it suitable even for passenger vehicles. WiPowerOne continues to drive technological innovation to enable seamless wireless charging across various physical AI mobility sectors, from electric vehicles to robotics.

WiPowerOne announced that it has signed a Memorandum of Understanding (MOU) with Rainbow Robotics and PHA on the 13th to jointly promote the adoption and commercialization of wireless charging systems for autonomous mobile robots (AMRs).

 

Through this agreement, the three companies plan to apply optimized wireless charging solutions to Rainbow Robotics’ autonomous robots and actively expand their deployment in smart logistics and manufacturing environments.

The wireless charging solution enables safe, contactless charging without the need for cables or battery replacement. It also supports fully autonomous charging, contributing to the realization of 24/7 unmanned operations.

In particular, WiPowerOne’s wireless charging system features a wide charging tolerance that accounts for robot alignment errors and offers high charging safety. This allows stable performance even in environments where multiple heterogeneous robots operate simultaneously.

The three companies have already completed technology validation and jointly showcased their capabilities through live demonstrations at the Korea Future Mobility Expo (DIFA) in October 2025.

 

Going forward, the partners plan to continue their collaboration to enhance product performance and expand market opportunities for wireless charging systems for autonomous mobile robots.