88.89% Capital Reduction and Transfer of Capital Reserves to Cover Deficit

88.89% capital reduction: consolidation of 64,524,301 common shares at 9:1 ratio, resulting in 8,065,537 shares post-reduction, capital stock of 4,032,768,500 won, record date June 22, 2026
Transfer of capital reserves: 38,805,083,289 won out of 83,874,395,676 won to be transferred to retained earnings to cover deficit
Purpose: improve financial structure by covering accumulated deficit; creditor objection procedure omitted
Trading suspension: June 19 to July 10, 2026; new shares listing expected on July 13, 2026

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