The Korea Exchange announced that it triggered a temporary suspension of program sell orders (sidecar) in the KOSDAQ market at 1:33:58 p.m. on the 8th.

The measure was taken as both the KOSDAQ 150 futures and spot indices plummeted to the 6% range. The specific market conditions at the time were as follows:

• KOSDAQ 150 Futures Price: 1,372.60 points (down 92.50 points / -6.31% from the previous day's closing price of 1,465.10 points)
• KOSDAQ 150 Spot Index: 1,365.13 points (down 99.09 points / -6.76% from the previous day's closing price of 1,464.22 points)

Following the sharp decline in the KOSDAQ 150 futures price and spot index, program sell orders in the KOSDAQ market will be temporarily suspended for the next five minutes.

This sidecar activation was implemented pursuant to Article 13 of the KOSDAQ Market Business Regulations and Article 14 of the Enforcement Detailed Rules of the same regulations.