2:1 Stock Merger Decision, Outstanding Shares Halved

Stock merger decision: 2 shares consolidated into 1 (par value from 500 won to 1,000 won), outstanding shares reduced from 32,575,748 to 16,287,874. No change in capital.
Shareholders' meeting date: 2026-06-05, effective date of new shares: 2026-07-07, listing date: 2026-07-23.
Purpose: Stabilize stock price and enhance corporate value by maintaining appropriate number of outstanding shares.
Fractional shares: Cash payment based on closing price on the first day of new share listing.

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