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Seventh , at this time , based on the number domain price by year and the predicted
                   number domain sales volume by year, the number domain sales sales by year can b
                   e estimated as follows .

                             < Table 2-3> Numerical domain sales forecasts by ye
                                                       ar                         ( Unit : billion won , %)

                                                                                          average annual
                         division         2022      2023      2024      2025      2026     growth rate

                     Domestic sales ( A)     194       899     1,765     2,566     3,554    107.0%
                   Domestic market share    83.3%     50.0%     40.0%     36.4%     33.3%      -
                  Cumulative domestic sales  194     1,093     2,858     5,423     8,977       -
                     Overseas sales ( B)      39       899     2,647     4,483     7,118    268.0%
                    Overseas market share   16.7%     50.0%     60.0%     63.6%     66.7%      -

                  Cumulative overseas sales   39       938     3,585     8,068    15,186       -
                     Total sales ( E=A+B)    232     1,799     4,412     7,048    10,672    160.2%
                   Total accumulated sales   232     2,031     6,443    13,491    24,163       -

                   Source : Korea Economic Forecast Institute estimates .


                  Therefore, the total annual domestic and overseas sales of Giga Korea Numeric Do

                  main Co., Ltd. are expected to grow at an average annual rate of 160.2% from
                  KRW 23.2 billion in 2022 , reaching KRW 1.0672 trillion in 2026 , five years later .

                  Eighth , 50% of number domain sales are sold by recommenders , and a commissio
                  n of 10% of the sales amount is paid . At this time , the operating profit from numeri
                  cal domain sales by year is as follows .




                             < Table 2-5> Numerical domain sales operating profit for
                                                  ecasts by year                ( Unit : KRW 100 million )


                        division         2022     2023       2024       2025      2026   average annual
                                                                                          growth rate

                      Total Sales ( A)   232      1,799      4,412      7,048    10,672


                      Referrer profit     12        90        221        352      534      160.2%
                        (B=A*5%)
                   Total operating profit   220   1,709      4,191      6,696    10,138
                         ( C=AB)
     QR            Source : Korea Economic Forecast Institute estimates .




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