Since its founding in 1981, Changshin's sustained growth has been driven by its core values of
challenge, grit, cooperation, innovation, and mutual trust & respect. The company has led the
global footwear manufacturing market with disruptive innovations, including the introduction of
industry-first LEAN production methods and digital manufacturing processes.

Instead of resting on its laurels, Changshin is constantly challenging itself to continuously create
customer value and become a super-separation company. Through digital transformation and
technology innovation, we will strengthen our competitive differentiation to proactively design the
future of the footwear industry.

At the same time, as a global company, Changshin is creating a flexible organizational culture
and actively participating in the Women’s Empowerment Principles(WEPs) based on diversity,
equity, and inclusion. More than 70,000 Changshin employees around the world are doing
their roles today to ensure a sustainable future for individuals and humanity.

Based on our manufacturing know-how over the past 40 years, as a company that designs the
entire manufacturing experience beyond just making shoes, we will continue to create new
possibilities for our customers and human progress. We will never stop innovating and
challenging ourselves to become a 100-year company. Thank you.

CEO Cl Nam