Exercise of Warrants Issuing 868,055 Shares, Diluting Equity by 2.67%

On May 11, 2026, the company issued 868,055 new shares upon exercise of stock purchase warrants from unregistered private non-separable bonds with warrants (1st series).
The exercise amount is KRW 2 billion (exercise price KRW 2,304), and the new shares are scheduled to be listed on June 1, 2026.
After this exercise, the remaining unexercised warrants balance is KRW 28 billion (exercisable into 12,152,777 shares).
This exercise results in a dilution of 2.67% relative to the total outstanding shares (32,471,041 shares).

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