MSC Co., Ltd.

Introduction

MSC,
a leading company for the development of new food-culture,

welcoms you to MSC web-site.

It is our honor to announce that we have been engaging in production of food additives
for more than 40 years with our management philosophy focused on

'Customer Satisfaction with Top Quality Products.'

We have endeavored to maintain perfect sanitation in all process and to pursue incessant research and development.

In order to produce quality food additives, which we believe would be the supreme basis for healthy food culture,
we established the MSC in 1974, and further to actively adapt to the continuously diversifying dietary life and
to the development of food industry, established an Annexed R&D Institute in 1987.

Through diversified
research and development,

we have been successfully developing and marketing various food additives up until today.

Such a progress could have only been possible by your affection rendered to MSC in the forms of warm
support and endless concern.

We, the management together with all employees in MSC, know well of
the obligation, and are happy to express our deepest appreciation to all of you. In the new Millennium,
the MSC will continue to create new values for food industries through sustained efforts

in research
and development.

Thus, we will faithfully do our duty, providing you with fresh new joys, as a world
leading producer of fine food additives.

MSC CI

First in Korea, Aloft in the World

MSC is a corporate endeavoring

for healthy future for mankind.

1.Basic Systems

Symbol Mark & Logotype

MSC's symbol mark stands for the spirit of the corporate
- 'moving on energetically without interruption' and management philosophy -
'supreme priority on customer satisfaction'.
Modifications of symbol mark and logotype require close attention,
because it could distort the corporate image or weaken communication effect.

Color

Colors of MSC Logo are important symbolic factor
for communication of our idea and image.
These are the standard colors composing symbol mark.
Specified color code should be used as a rule.
In case of 4 primary colors, following provisions
for process colors should be followed.
MSC BLUE (PANTONE 287C : C100+M80) - sanitation and water
MSC RED (PANTONE 1795C : Y100+M100) - passion and fire
MSC GRAY (PANTONE 428C : K20) - emotion and perspective

Signature

The MSC signature contributes to the unified image formation and consistent communication.
The materials to be applied on are variable depending on the usage and condition.
Therefore, it should be carefully used according to
the presented ratio and modification is not allowed.

Character

It is an image aid factor maximizing the visual effect of symbol mark
and logotype in practical uses.
It figures out the image of rising sun and express the start for the future.

2.Application Systems

Systems applied to all prints, based on basic system,
used for general supplies, forms, signatures, packages and vehicles.
Since applied differently for each coating, screen and print,
application systems should be managed withintensive care.

Business card

Shopping bag

General guidance sign

Floor guidance sign

Pillar sign

Bus

Chronology

1976_1990

1974.04.
1974.10.

1979.06.
1983.11.

1983.12.

1987.06.

1990.03.

Founded Myeong Shin Chemical Ind. Co., Ltd.

Completed the construction of Carrageenan factory

(Technical cooperationwith NISSIN KASEI, Japan)

President Mr.Kim Kil Jae was inaugurated

(Patent) Manufacturing method of Carrageenan food additives

(Patent) Co-extracted product from Carrageenan and Locust bean gum

Established Annexed R&D Institute (Ministry of Sience and Technologylicense no.462)

(Patent) Manufacturing method of oil coated solvin acid and fumar acid

1991_1999

1991.03.

1991.11.

1993.10.
1994.03.
1994.08.
1995.03.

1995.11.

1996.05.

1996.12.

1997.12.

1998.06.
1998.10.
1998.11.

1998.12.

Won the official commendation

for Exemplary Taxpayer from National TaxAuthority

Awarded the Export Tower Trophy and Minister

of Commerce and Industry'sAward

at the 28th National Trade Day

Listed Stock on KOSDAQ (over-the-counter market)

Designated as the Military Service Preference Company

(Patent) Refining method of stable gardenia yellow color

(Japan Patent) Thermoreversible gelling agent

and its manufacturing method

Awarded the Export Trophy

on the 32nd National Trade Day ($10 Million)

Won the Presidential Commendation

for an Exemplary Minor Enterprise

Won the Official Commendation for exporting

$ 10 million worth agricultural& marine products

Changed the company name into MSC Co., Ltd.

Performed Asset Revaluation

(Revaluation Surplus : 1,097 billion won)

Increased Paid-in Share Capital to 4.4 billion won

Designated as Venture Enterprise

(Small and Medium BusinessAdministration)

Won the Bronze Prize

at the 21st Venture Enterprise Award

(The Ministry ofScience and Technology)

2000_2005

2000.06.
2000.10.
2001.10.

2001.12.
2002.10.
2004.02.

2004.03.

2005.04.

2005.12.

Set up a full set of PET Bottling Line

Acquired ISO 9001 quality certificate

Completed Boondang Branch Office Building &

Opened Seoul FlavorsResearch Laboratory

Completed installation of ERP system

Established CIP (Corporate identity Program)

Completed a new building for the MSC Annexed

"Food Technology ResearchInstitute"

Won the Exemplary Company Award

by the Ministry of Industry andResource

Awarded the Testimonial

for labor-management cooperation and

innovativemanagement

Acquired the Quality Certification for organically

farmed agricultural productsprocessing company

2006_2010

2006.01.

2007.06.

2008.06.

2009.03.

2009.11.

2009.12.

2010.03.
2010.08.

(Patent) Cold water soluble high dispersible

calcium composition
for food additivies

and Manufacturing method

Acquired individual certificate

for health functional ingredient

Designated as Technology Innovation

Small & Medium Business Enterprise

(Patent) Highly dispersible iron composition

and its manufacturing method

Awarded the Export Tower Trophy for exporting

$20 million worthagricultural & marine products

Acquired ISO22000

Food Safety Management System Certification

Won the Export Trophy ($20 million) on the 46th National Trade Day

Designated as GMP Application Company (beverage category)

Won the Mayoral Commendation for taxpayer' day

Designated as HACCP Application Company (beverage category)

2011_2015

2011.06.

2011.08.

2012.03.

2012.08.

2013.08.

2013.09. 2013.11.
2013.12.

2014.10.
2014.12.

(Patent) Manufacturing method of

natural saccharide extracted

from persimmon skin and inclusive foods.

(Patent) Beverage preparetion using

rice and its manufacturing method

(Patent) Manufacturing method of

Water soluble soybean dietary fiber

with inclusive polysaccharides and foods.

Awarded the Export Tower Trophy for exporting $30 million worthagricultural & marine products

(Patent) Manufacturing method of gallnut extract and inclusive leather dying method with products.

(Patent) Fermented product from rice bran

and embryo
by lactobacillus microorganism

and its manufacturing method.

(Patent) Manufacting method of Dropwort extract.

Acquired Childrens's favorite Food Quality Certification

Won the Export Trophy($30 million)

on the 50th National Trade Day

(Patent) Agar jelly and its manufacturing method.

Acquired FSSC 22000 Certification

2016_2020

2017.09.
2018.07.
2020.02.
2020.03.

2020.04.

2020.12.

Acquired MUI HALAL Certification
Designated as HACCP Application Company (All products)
(Patent) Lactobionic acid manufacturing method.
(Patent) Skin regeneration effect enhanced Ainsliaea acerifolia extract
by plasma treatment and its application.
(Patent) Skin whitening composition containing Ainsliaea aceriflia extract obtain
by ultra high pressure homogenization process.
(Patent) Anti-inflammatory, anti-wrinkle, and skin-regenerating sculpture containing persimmon tannin treated with subcritical water.

2021_2025

2022.02.

(Patent) Manufacturing method of low calory gummy jelly using Ainsliaea acerifolia extract powder.