DynamicDesign Posts Q1 2026 Profit Turnaround, Granted Delisting Improvement Period

Consolidated revenue KRW 27.0bn (+35% YoY), operating profit KRW 1.1bn (vs loss of KRW 1.9bn in prior year period), net profit attributable to parent KRW 0.7bn (vs loss of KRW 1.7bn) – turnaround to profit
Delisting risk due to qualified audit opinion for second consecutive year (limitation on scope regarding PT.BNP mining rights); granted improvement period until April 14, 2027
Board resolved on May 6, 2026 to propose a reverse stock split (10:1) and transfer of capital reserves to retained earnings, to be voted at EGM
8th convertible bonds outstanding KRW 0.9bn (conversion price KRW 500), of total KRW 6.4bn issued, KRW 5.4bn held as treasury bonds
Pending lawsuits: KRW 33.9bn claim against former management for embezzlement/breach of trust, and KRW 1.2bn penalty claim against the company – outcomes uncertain
Total borrowings KRW 45.9bn, total equity KRW 45.5bn, debt-to-equity ratio 151%
Accumulated deficit KRW 152.9bn; no dividend possible

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