Recent Updates — PERFF

Perfect Corp. shareholders voted in favor of the previously announced Agreement and Plan of Merger dated July 10, 2026, with ProjectNY at an extraordinary general meeting on October 19, 2026. The proposal received approximately 99.99% approval from votes cast by shares present or represented by proxy. Completion is subject to satisfaction of conditions precedent outlined in the agreement. Upon closing, Perfect Corp. will merge into a subsidiary controlled by Ms. Alice H. Chang and become a privately held company. Perfect Corp. operates as an artificial intelligence and augmented reality technology provider offering solutions for beauty, fashion, and creative industries.

Perfect Corp. announced on August 26, 2026, that it has called an extraordinary general meeting of shareholders to be held on October 19, 2026. The primary purpose of the meeting is to seek shareholder approval for a previously announced Agreement and Plan of Merger dated July 10, 2026, between Perfect Corp. and ProjectNY, a Cayman Islands entity controlled by Chairwoman Alice H. Chang. Under the terms of the merger, ProjectNY will merge with and into Perfect Corp., which will survive as a privately held company. The Board unanimously recommended approval following the Special Committee's review. Shareholders of record as of September 8, 2026 are entitled to vote. This transaction represents a significant change in corporate structure and ownership control.

Perfect Corp. entered into a definitive agreement on July 10, 2026, for a going-private transaction involving a merger with ProjectNY. The filing includes the Agreement and Plan of Merger as an exhibit. Perfect Corp. provides AI-powered software solutions for beauty and fashion industries.