2 3 3 2Q25 Gross Profit and Gross Margin were impacted by $6.4 million in non-cash charges related to obsolete inventory adjustments and write-down of capitalized costs related to incomplete projects $8.0 $8.8 $9.8 $10.6 $11.8 $- $2.0 $4.0 $6.0 $8.0 $10.0 $12.0 2Q24 3Q24 4Q24 1Q25 2Q25 $ in millions Over Last 5 Quarters 5 Repeat and Recurring Service Revenue All comparisons are Q2 -2025 year-over-year, unless otherwise noted Service Revenues consist of repeat charging service revenues, recurring network fee ...

Group 1 - The core viewpoint of the articles highlights a significant decline in the number of young people in South Korea obtaining driver's licenses, attributed to economic challenges and the improvement of public transportation systems [1][2] - In 2023, the number of new driver's licenses issued to teenagers and those in their twenties decreased by 20% and 30% respectively compared to 2020 [1] - The number of registered driving schools in South Korea has also declined, with a reduction from 367 to 342 in the first quarter of this year compared to five years ago, representing a decrease of approximately 7% [1] Group 2 - The average tuition fee for driving schools in Seoul has increased by 29% over the past five years, reaching 900,000 KRW (approximately 4,716 RMB) at the beginning of this year [1] - Young individuals are opting for more affordable driving schools located in suburban areas, where tuition is about 100,000 KRW (524 RMB) cheaper and the pass rate for exams is higher [1] - Many young people are also choosing to learn driving using car simulators, which cost less than 500,000 KRW (2,620 RMB) [1] Group 3 - For those who still need to drive, second-hand cars are preferred over new cars, with a projected 12% decline in new car purchases among individuals in their twenties in 2024, the largest drop across all age groups [2] - Despite the decline in new car purchases, the share of buyers in the second-hand car market remains stable for this age group [2]