ELMHURST, IL - Semblex Corporation has announced the upcoming retirement of Don
Cunningham, the company’s President since 2010. Mr. Cunningham’s retirement will be
effective at the end of the first quarter, 2019. Mr. Cunningham will then continue as a member
of the Semblex Board of Directors and as a part time advisor to the company.

Jinsoo Kim will succeed Mr. Cunningham as president of Semblex. Mr. Kim has served as Chief
Operating Officer at Semblex since the company’s acquisition by Jinhap Company, Ltd in early
2014. Previously, Mr. Kim was a Senior Vice President at Jinhap in South Korea.

Simultaneously, Gene Simpson will assume the role of Senior Vice President and COO. Mr.
Simpson is a 27-year veteran at Semblex, most recently serving as Vice President of Engineering
& Quality. Reporting to Mr. Simpson will be Quality, Engineering, Sales & Marketing and
Operations.

These changes to the company’s senior management structure demonstrate Jinhap’s long term
vision, and positions Semblex for continued growth and success.

Semblex Corporation, headquartered in Elmhurst, IL, is an innovative, customer focused team
that creates value through cold-formed product solutions for the world’s leading manufacturers.
Semblex is IATF 16949, ISO 9002, ISO 14001, and A2LA certified. Additional information on
Semblex can be found at www.semblex.com.