On June 12, 2024, the KFTC announced its decision, in the previously disclosed investigation, that Coupang, Inc.'s search ordering a practice in line with all e-retailers in Korea and globally is deceptive and violates Korean law. The KFTC announced a provisional administrative fine and intends to direct the Company to take certain related corrective actions. The Company does not believe that its practices are deceptive or violate any Korean laws, and will vigorously appeal the KFTC's determination in court.