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< Table 4-2>
Calculation of business value of Giga Korea Co., Ltd. ’s numeric domain platform technology

( Unit : KRW 100 million )
The initial i Investment payback period after product commercializati
nvestment on
division business value
th
st
1 Year 2nd year 3rd year 4th year 5 Year 6th year
( 2021 ) ( 2022 ) ( 2023 ) ( 2024 ) 5 ( 2025 ) ( 2026 )
Future Cash Flow - 240 861 6,944 20,351 35,372 60,273 123,561
(FCF)
suspension coeffici
ent 0.9026 0.8146 0.7353 0.6636 0.5990 0.5406 -
Present value of fu
ture cash flows - 217 701 5,106 13,506 21,188 32,584 72,868
(PV)
Therefore, the business value of Giga Korea Co., Ltd.'s numeric domain platform pat
ented technology is evaluated at KRW 7,286.8 billion, which is the present value of f
uture cash flows .

Section 3 Technology Value Evaluation

1. Technology value evaluation criteria

The contribution of the relevant technology to technology value assessment varies d
epending on the stage of technological innovation and industrial characteristics, etc.

First , it is the innovation stage of our technology . In other words , the technological i
nnovation stage can be divided into (1) core spreading technology , (2) core technol
ogy , (3) basic technology , (4) leading technology , and (5) emerging technology .
Among these, our technology can be classified as core technology .
Second , is the maturity of our technology . In other words , our company's technolo
gy is one of the core technologies that (1) has already secured the potential to secur
e competitiveness in the market . and (2) However, it is not a technology that is appli

ed to other industries and has a significant impact on corporate competitiveness .
Third , the industry-specific characteristics of our technology . In other words ,
depending on the characteristics of each industry, the technological contribution of
core technologies is divided into five levels as follows . 20)

• Very high : 33%∼37%.

• High : 31%∼35% 20)

20) Korea Institute of Science and Technology Information , “ Technology Value Evaluation System (STAR-Value)”, QR
http://www.starvalue.or.kr

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