Incheon Free Economic Zone Authority Notice No. 2021 - 95 The “one sketch” project in which the enjoyer becomes the proposer Public Artwork Idea Sketch Contest The Incheon Free Economic Zone Authority plans to install public art work that captures the artistic creativity and cultural sensibility of the Incheon Free Economic Zone by discovering the creative ideas of citizens and developing them. ○ contest name : Songdo Solchan Park Public Artwork Idea Sketch Contest ○ Eligibility for application : Local residents and foreign residents (individual or group) in Korea ○ Target area : Songdo International City ○ Contest theme : Sketching the idea of public artwork in harmony with the sunset ○ How to submit : Download the documents and send an email - E-mail : hyorecious@korea.kr For more information, please refer attachment. April 28, 2021 Commissioner of Incheon Free Economic Zone Authority, Incheon Metropolitan City

Incheon to take on 78 projects, create 58,000employment opportunities by 2025 On March 19, Incheon City hosted a subcommitteemeeting for Incheon’s Green New Deal, and took a full step towards transformingIncheon into an eco-friendly city. Following the Digital New Deal subcommittee heldon the March 5, this meeting was convened to examine the performance of theGreen New Deal and discuss future directions. ▲ Incheon’s Green New Deal is scheduled to promotea total of 78 projects with the goal of “environment and safety improvement,and creation of new growth engines.” (Photo of a donation event for the IncheonCity Resource and Sharing Recycling Campaign​​​​​)​ A total of 78 projects are planned for the Incheon Green New Deal with the goalof “improving environment as well as safety, and creating new growth engines.”The initiative will aim to create 58,000 jobs by investing a total of KRW 5.6trillion by 2025. In particular, at this meeting, participantsdiscussed the overall direction for the Green New Deal, recent achievements,and development plans moving forward, including the establishment of thefoundation for a hydrogen industry by signing an MOU with hydrogen-relatedorganizations, and launching of the Eco-friendly City Promotion Group (acontrol tower overseeing the promotion of maritime and environmental policies,etc.). In particular, the experts who participated in themeeting gave in-depth advice on the future direction of the Incheon Green NewDeal. ▲ Photo of the CleanOcean TF (a project included in the Incheon Green New Deal), and photo of theSorae Port Sunset Bridge under construction. ▲ MOU forestablishing the foundation for a hydrogen industry in Incheon Professor Won Dong-joon from Inha University discussed trends regarding thetransition from renewable energy to regionally-led distributed energy, andrecent discussions on the introduction of a carbon border tax in Europe. Healso emphasized that it is essential to transform Incheon

Installing free Wi-Fi, LED lighting, cooling vents,heated chairs This year, bus stops across Incheon are going to get a makeover.674 bus stops will be updated or replaced with smart and comfortable bus stopsfeaturing not only free Wi-Fi connection, but also LED lighting, cooling vents,and heated chairs. Incheon is looking to spend KRW 22 billion on amajor overhaul and expansion of the platforms and public Wi-Fi equipment,air-conditioning, and heating facilities at bus stops to make sure its citizenscan wait for buses in a more pleasant environment. ▲ 674 bus stops in Incheon will transform intopleasant and smart bus stops with free Wi-Fi and air conditioning facilities,giving Incheon’s citizens a chance to wait for buses in greater comfort. (Photoof a standard bus platform design (Incheon-si) - regular-type) Throughout the year, Incheon will update and upgrade 674 bus stations on 205bus routes that were revised on December 31, 2020. The Metropolitan CityGovernment plans to install 500 platforms, whereas each Gun/Gu Office and IFEZwill install 124 and 50 new stations, respectively. Public transport is expected to become much more convenient forthe public with more than five times the usual number of bus stations builtevery year (approximately 120 stations on a normal year). This initiative willbring the total number of bus stations in Incheon from 3,843 in 2020 to 4,517in 2021. In addition to 300 bus information terminals(BIT), 950 public Wi-Fis models will also be installed at platforms, giving thepublic better Wi-Fi coverage at bus stops. ▲Standard busplatform design (Incheon-si) - closed-type (left) and open-type (right) ▲ Gyeyang-gu bus platform design (left), SongdoDalbit Festival Park Station bus platform design (right) ​As for the BITs, Incheon is looking to install 200 new terminals, and replace100 old terminals. Free public Wi-Fi units will be additionally installed at950 stops, bringing the total to 3,500 bus stops. Currently, all city busesservic

Incheon opens AI Innovation Center, creating afoundation for quantum computing Incheon is working with Amazon Web Services (AWS), a globalcloud service company, to build an artificial intelligence (AI) ecosystemcustomized to suit Incheon’s local conditions, which it hopes to use inbuilding a sustainable smart city that can dramatically improve the lives of itscitizens. AWS is the cloud computing business arm of Amazon (Amazon.com), theworld’s largest e-commerce company. Incheon announced on March 31 that it had signed an “MOU forshared growth of AI future technologies” with AWS at its City Hall receptionroom. With this MOU, Incheon will work towards buildingan AI ecosystem tailored the city by actively utilizing AWS’ advancedtechnology and expertise in developing AI companies as well as innovativesolutions featuring future technology (quantum computing). ▲ On March 31,Incheon signed an “MOU for Shared Growth of AI Future Technologies” with AWS. Incheon has long been at the Center of developing global business initiativesfor Korea using its international cities - Songdo, Cheongna, and Yeongjong - ashubs for overseas expansion. The city is home to the world-class,state-of-the-art Incheon International Airport and Incheon Port, and a numberof international organizations (e.g. Green Climate Fund), international schools(e.g. Chadwick International School), and multinational corporations. To date,Incheon has tried to pursue various collaborative projects with overseasentities and overseas expansion projects. However, there are many issues thatneed to be ironed out to facilitate the full-fledged global business expansionor cooperation with overseas players moving forward. Also, although Incheon’s old city center has been at the Centerof multiple urban regeneration projects, Incheon will have to expand the targetarea and find more effective ways to improve medical services for people withpoor access to hospitals and clinics. Incheon has continued to promo

Joins the Powering Past Coal Alliance, exploresthe expansion of hydrogen-powered mobility solutions and the reduction ofgreenhouse gases Incheon recently rolled up its sleeves to take amore aggressive stance in building an economy based on hydrogen, which iswidely regarded as an eco-friendly future energy source. It is accelerating itsplans to make the city carbon neutral with more green buildings and cleanfactories, and by creating urban forests capable of absorbing carbon. ▲ Incheon is taking a more aggressive stance inbuilding an economy based on hydrogen, which is widely regarded as aneco-friendly future energy source. Incheon Mayor Park Namchoon on October 18,2018, testing Hyundai’s hydrogen electric vehicle “Nexo.” Incheon declares itself a leader in the hydrogenindustry, accelerates transition to eco-friendly energy To transition from a fossil fuel-driven society to an eco-friendlyenergy-driven society at a faster pace, Incheon joined hands with the corporatesector and declared itself a “leading hydrogen city.” On March 2, the Incheon Metropolitan Government, Seo-gu Office,Hyundai Motor Company, and SK ES signed an “MOU on mutual cooperation forthe establishment of the hydrogen industry.” The Hydrogen Economy Committee(chaired by Prime Minister Chung Sye-kyun), the Korean government’s controltower for hydrogen economy initiatives, joined the agreement as well. Under its newest MOU, Incheon will take the lead in building abio/by-product hydrogen production cluster, and explore ways to offer financialand administrative support for initiatives such as transitioning to a hydrogenvehicles system and building the required infrastructure. Meanwhile, Seo-guwill look to build a hydrogen industry base, improve the environment, andbolster safety. In order to contribute to the expansion of the hydrogen economy, Hyundai MotorCompany plans to promote the hydrogen car industry, supply hydrogen-poweredcars, and actively participate in Incheon’s project t

“Incheon VR/AR Production Support Center” to drivethe production of Incheon’s very own K-content In recent years, K-content (VR/AR content) has garneredsignificant attention from overseas markets, following in the footsteps ofK-pop music and K-dramas. This rise in popularity of K-content is driven by aproduction system that blends Korea’s advanced technology and a solidfoundation of advanced culture to make people tune in from all over the world.And with more people staying at home since the COVID-19 outbreak, exciting VRand AR immersive content - both of which people can enjoy without worryingabout where they are - are becoming the answer to entertainment at home. Incheon has the perfect place for K-contentproduction - the Incheon VR/AR Production Support Center, which serves as acentral hub and platform for Incheon’s content production industry. ▲ In recent years, K-content (VR/AR content) hasgarnered significant attention from overseas markets, following in thefootsteps of K-pop music and K-dramas. And with more people staying at home since theCOVID-19 outbreak, exciting VR and AR immersive content - both of which peoplecan enjoy without worrying about where they are - are becoming the answer toentertainment at home. Mecca of the content industry, now spreading outinto the world Immersive content using virtual reality (VR) and augmented reality (AR)technology is expanding not only to entertainment fields, such as games andimages, but also to industrial sites. In 2019, the VR/AR market for industrialapplications surpassed that of the entertainment VR/AR content market for thefirst time ever. Moreover, the gap between the two markets is expected to tripleby 2023. For this very reason, Korea is focusing on the field of VR/ARindustrial applications, and is promoting various projects to push its agendaacross the country. One notable project currently under way is agovernment-driven plan to open 14 VR/AR regional centers nationwide. Each Centerwill feature