Decision to Provide Collateral for Subsidiary CTKonnect Inc. (14.8% of Equity)

Purpose: Secure operating funds for North American distribution subsidiary CTKonnect, Inc.
Loan amount: KRW 18,746,470,000 (USD 12.7M), collateral amount: KRW 21,698,670,000 (14.8% of equity of KRW 146,347,679,475)
Collateral: real estate and Kibo guarantee certificates, term 12-24 months
CTKonnect financials (2025): equity -KRW 159M, net loss KRW 9M, assets 0, liabilities KRW 159M
Total outstanding collateral: KRW 26,126,970,000 (including existing guarantees for subsidiaries)
Board resolution date: 2026.04.30, all outside directors attended

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