Approval of Stock Split and Director Removal/Appointment

Approval of stock split: Change par value per common share from 100 won to 1,000 won (10:1 split), total shares from 38,411,505 to 3,841,150, capital decrease of 500 won due to fractional shares.
Removal of director: Inside director Hong Jong-deuk removed (violation of laws and articles of incorporation, loss of trust).
Appointment of director: New inside director Choi Jong-jin appointed (head of production, CEO of subsidiary Insan Farm).
Amendment to articles of incorporation: Article 6 (par value per share) changed from 100 won to 1,000 won.
Stock split schedule: General meeting on May 20, 2026, trading suspension expected June 22–July 10, 2026, new shares listing on July 13, 2026.
Fractional shares: Cash payment based on closing price on the first listing day of new shares.

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