COWAY

- Coway marks its 17th consecutive IDEA recognition, thus completing its sweep of all three major global design awards in 2026 and underscoring the company’s global design leadership - The Square Fit Air Purifier Series and the Inverter Dehumidifier 23L were recognized by IDEA for their minimalist aesthetics, space efficiency and elevated usability   SEOUL, South Korea, August 21, 2026 –  Coway Co., Ltd., the “Best Life Solution Company,” today announced that it has been honored at the  2026 International Design Excellence Awards  (IDEA), marking the company’s 17th consecutive year of recognition.   Hosted by the Industrial Designers Society of America (IDSA), IDEA is recognized as one of the world’s top three design awards, alongside Germany’s iF Design Award and the Red Dot Design Awards. Entries are rigorously evaluated by global design experts on their innovation, user experience and aesthetic excellence.   This year, Coway received recognition for two of its leading air care solutions: the Square Fit Air Purifier Series and the Inverter Dehumidifier 23L. Having already won acclaim at the  2026 iF Design Award  as well as the  Red Dot Design Awards , both products have now accomplished a coveted international design ‘Grand Slam’ by sweeping the world’s top three design awards within a single year.   The Square Fit Air Purifier Series (38 ㎡  and 82 ㎡  models): - Enhanced Space Efficiency : Despite a footprint that is 24% and 19% smaller than previous models in their respective size classes, the Square Fit Air Purifier Series delivers powerful performance across increased coverage areas. - Seamless & Intuitive Design : Thanks to its sleek design capable of concealing internal components for aesthetic unity paired with its intuitive control panel for ease of use, the Square Fit Air Purifier Series received high praise from the IDEA judges. - Hassle-Free Cleaning : In order to minimize dust accumulation, the Square Fit Series features an anti-static top air outlet that is completely detachable and washable for effortless maintenance.   The   Inverter Dehumidifier 23L : - Powerful Performance : With its generous daily capacity of 23 liters, the Inverter Dehumidifier is able to efficiently reach optimal humidity levels in just 30 minutes; three times faster than its predecessor. - Minimalist Aesthetics : The Inverter Dehumidifier 23L features an elegant, two-tone design that is able to blend seamlessly into any interior space and elevate a room’s overall aesthetic effortlessly. - Flexible Mobility : Thoughtfully designed with a one-handed detachable side-loading water tank, the Inverter Dehumidifier 23L also features 360-degree rotating wheels and a hidden handle for maximum convenience and easy transportation.   “Our success in sweeping the world’s top three design awards this year is a testament to our ongoing commitment to understanding our customers’ lifestyles and seamlessly balancing aesthetics with everyday usability,” said Jinsang Hwang, Head of Coway Design Lab. “Moving forward, we will continue to listen closely to our customers to introduce user-centric innovations that seamlessly integrate into their daily lives.”     About Coway Co., Ltd. Established in Korea in 1989, Coway (KRX: 021240), the "Best Life Solution Company," is a leading global innovator dedicated to enhancing everyday life through state-of-the-art environmental home appliances and premium wellness solutions. Renowned for its industry-leading water purifiers, air purifiers, and bidets, Coway expands its premium sleep and wellness brand, BEREX, to advance the global lifestyle sector with smart mattresses and advanced massage chairs. Driven by intensive research and award-winning engineering, Coway continues to accelerate its business across major markets, including Malaysia, the USA, Thailand, China, Indonesia, Vietnam, and Europe. For more information, please visit  http://www.coway.com/  or  http://newsroom.coway.com .

SEOUL, South Korea, August 7, 2026 -  Coway Co., Ltd., the “Best Life Solution Company,” announced its financial results for the second quarter of 2026.   “In the second quarter, we demonstrated strong growth potential thanks to steady increases in our sales volume and expansion across our rental accounts both domestically and globally,” said Soontae Kim, Coway’s Chief Financial Officer. “In the second half of this year, we will continue to sustain this upward momentum through focus on solidifying our leadership in the premium appliance market and accelerating our growth engines via product portfolio diversification.”   Coway’s reported earnings for the second quarter are as follows:   -       Second quarter revenue: KRW 1,442.2 billion (+14.6% YoY) -       Second quarter operating profit: KRW 253.2 billion (+4.3% YoY) * The reported figures are taken from the consolidated K-IFRS (International Financial Reporting Standards) statement.   For H1 of this year, Coway has also achieved a cumulative revenue of KRW 2,771.9 billion (+13.9% YoY), as well as an operating profit of KRW 504.1 billion (+11.1% YoY).   Coway reported a second-quarter domestic market revenue of KRW 786.8 billion, up 7.7% year-over-year. This growth was fueled by strong sales across the company’s ice-making water purifier lineups as well as the mattresses and massage chairs under BEREX, the company’s sleep and wellness brand. This quarter, BEREX has successfully been able to expand its foothold in the domestic sleep-tech market with such innovative new products as the ‘BEREX R Series Stretching Motion Bed’ and the ‘BEREX M Series Massage Bed.’ Furthermore, the expansion of Coway’s rental portfolio into new categories – including wall-mounted air conditioners, food waste disposers and home medical devices – resulted in a positive uptick in consumer demand. Consequently, domestic net rental account additions in the second quarter surged by 51.6% year-over-year to 242,000.   Coway’s overseas subsidiaries also delivered robust second-quarter performances, generating an impressive total revenue of KRW 587.5 billion, marking a 24.2% increase year-over-year. Subsidiaries around the world demonstrated balanced sales growth across all product categories in the second quarter:   -       Malaysia subsidiary Q2 revenue: KRW 434.5 billion (+22.2% YoY) -       United States subsidiary Q2 revenue: KRW 66.9 billion (+15.2% YoY) -       Thailand subsidiary Q2 revenue: KRW 66.0 billion (+53.9% YoY) -       Indonesia subsidiary Q2 revenue: KRW 13.3 billion (+12.2% YoY)   For additional details about Coway's financial performance, please visit the company's  Investor Relations  page.   About Coway Co., Ltd. Established in Korea in 1989, Coway (KRX: 021240), the "Best Life Solution Company," is a leading global innovator dedicated to enhancing everyday life through state-of-the-art environmental home appliances and premium wellness solutions. Renowned for its industry-leading water purifiers, air purifiers, and bidets, Coway expands its premium sleep and wellness brand, BEREX, to advance the global lifestyle sector with smart mattresses and advanced massage chairs. Driven by intensive research and award-winning engineering, Coway continues to accelerate its business across major markets, including Malaysia, the USA, Thailand, China, Indonesia, Vietnam, and Europe. For more information, please visit  http://www.coway.com/  or  http://newsroom.coway.com .

SEOUL, South Korea, August 3, 2026 –  Coway Co., Ltd., the “Best Life Solution Company,” has published its annual sustainability report for FY2025, its 21st to date. The report provides a comprehensive overview of the company’s progress toward its Environmental, Social and Governance (ESG) goals, detailing how it is fulfilling its social responsibilities while simultaneously enhancing long-term value for its stakeholders.   “Amid ongoing global economic uncertainty, Coway has achieved record-high revenue and is continuing to deliver solid growth,” said Coway’s CEO, Jangwon Seo. “By synthesising our economic performance with our closely-held ESG values through the development of innovative new products and continued investment in R&D, we are establishing ourselves as a sustainable corporate competitor within the global market.”   Guided by its vision of becoming a “Company Caring for Better Earth”, Coway’s ESG Committee, established in 2021, leverages the expertise as well as the independence of its Board of Directors to set strategic directions and mid- to long-term goals for the company. The 2025 Sustainability Report highlights Coway’s latest key achievements across three core pillars:   Environmental Management: Net Zero by 2050 · Expanding Renewable Energy : As part of its roadmap to achieve Net Zero by 2050, Coway completed its third on-site solar power plant (‘003’) with a capacity of 532 kWp on previously underutilized space at its Yugu Plant in South Korea. This new power plant is expected to boost the company’s total annual solar power generation across all business sites by approximately 29%, increasing from 2,310 MWh in 2025 to 2,990 MWh by 2027. · Increasing Resource Circulation : Through its closed-loop resource circulation system, Coway converts recovered waste plastics into recycled raw materials, and, in 2025, managed to exceed its initial target for recycled Acrylonitrile, Butadiene and Styrene (ABS) plastic usage by 27%.   Social Responsibility: Putting the Customer First   · Customer-Centric Development : As an industry leader, Coway embeds customer feedback across all product developmental stages through its proprietary Process for Reflecting Customer Feedback system. This approach led to the development of the Smart Moving Faucet and its incorporation into the Icon Water Purifier 3, subsequently enhancing the Purifier’s hygiene and safety, and the Icon Ice Water Purifier Mini, thus providing the users with outstanding innovation in space efficiency and convenience. · Strengthening Information Security & Data Protection : Having always placed the protection of customer data as a top operational priority, Coway recently upgraded its global-level information security management system. In 2025, the company proactively reinforced its security architecture and monitoring capabilities to ensure strict statutory compliance, operational stability and customer trust.   Governance: Strengthening Transparency and Shareholder Value · Ensuring Board Independence : To guarantee absolute fairness and transparency, in 2025 Coway introduced a Senior Independent Director system and established both a Related Party Transaction Committee and a Compensation Committee, each composed entirely of independent directors. · Enhancing Shareholder Value : In 2025, Coway unveiled a comprehensive Corporate Value-Up Plan, demonstrating its commitment to enhancing shareholder value by doubling its target shareholder return rate from 20% to 40%. These proactive initiatives have led to Coway being recognized as an 'Outstanding Value-Up Company’ by the Korea Exchange.   The full text of the Coway Sustainability Report 2025 is available  here .   About Coway Co., Ltd. Established in Korea in 1989, Coway (KRX: 021240), the "Best Life Solution Company," is a leading global innovator dedicated to enhancing everyday life through state-of-the-art environmental home appliances and premium wellness solutions. Renowned for its industry-leading water purifiers, air purifiers, and bidets, Coway expands its premium sleep and wellness brand, BEREX, to advance the global lifestyle sector with smart mattresses and advanced massage chairs. Driven by intensive research and award-winning engineering, Coway continues to accelerate its business across major markets, including Malaysia, the USA, Thailand, China, Indonesia, Vietnam, and Europe. For more information, please visit  http://www.coway.com/  or  http://newsroom.coway.com .