Auditor's Disclaimer of Opinion, Default on 40B Won Bonds, and Rehabilitation Filing

Auditor (Hanul Accounting Corp.) issued a disclaimer of opinion on both consolidated and separate financial statements
Failure to repay principal and interest on 40 billion won short-term electronic bonds that matured after the reporting period
Filed for rehabilitation procedures with Seoul Bankruptcy Court on April 27, 2026, and concurrently applied for ARS (Autonomous Restructuring Support)
The rehabilitation filing triggered events of default (EOD) on other bonds and long-term borrowings not yet matured
Going concern uncertainty makes it impossible to properly measure and classify assets and liabilities
Company is seeking to normalize operations through debt restructuring and repayment schedule agreements with creditors

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