Extension of Debt Guarantee for GST Safety Textiles RO S.R.L. (KRW 29.58 billion)

Decision to extend debt guarantee for GST Safety Textiles RO S.R.L. (affiliate) by extending existing general loan: EUR 17 million (approx. KRW 29.58 billion) (guarantee period: 2026-05-15 ~ 2027-05-28)
Guarantee amount equals 3.58% of equity (KRW 826.5 billion); total outstanding guarantees amount to KRW 1,703.4 billion
Debtor (GST Safety Textiles RO) has negative equity of -KRW 28.3 billion as of 2025 (assets KRW 159.0 billion, liabilities KRW 187.4 billion), fully capital-impaired, with net loss of KRW 2.6 billion (previous year: -KRW 27.5 billion)
Guarantee covers EUR 17 million plus interest, delayed interest, fees, and all related expenses
The decision was made at the management committee meeting on 2026-05-15

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