Third-Party Allotment Rights Offering: 3 Billion Won, Issue Price 800 Won (18.69% Premium), Allocated to Largest Shareholder

Decision on third-party allotment rights offering: issuance of 3,750,000 common shares at 800 won per share (18.69% premium over reference price of 673 won), raising 3 billion won
Allottee is the largest shareholder, Korea Cultural Promotion Co., Ltd. (17.03% stake); all new shares are subject to a 1-year lock-up
Proceeds to be fully used for operating expenses (to improve financial structure)
Dilution effect of 18.95% based on current outstanding shares of 19,784,735

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