OPTICORE Decides to Provide Collateral for Subsidiary SPC PlanC's 8 Billion Won Borrowing

Purpose: OPTICORE provides collateral and joint guarantee for subsidiary SPC PlanC (SPC) to borrow 8 billion won to repay existing borrowings and convertible bonds.
Collateral amount: 9.6 billion won (120% of borrowing), 20.13% of equity (47.689 billion won).
Collateral assets: Neighborhood living facility in Seocho-gu, Seoul; factory and machinery in Yongin, Gyeonggi; pledge on fire insurance claims.
Debtor SPC PlanC: Newly established SPC, capital 10 million won, no revenue, 100% owned by OPTICORE.
Financial status: Prior year auditor's opinion disclaimed; equity based on 2024 year-end consolidated financials.
Board resolution: May 6, 2026; 1 outside director attended; auditor attended.
Collateral period: May 6, 2026 ~ May 5, 2029 (subject to change until repayment).

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