Stock Consolidation Decision (5:1 Merge, Price Stabilization)

Stock consolidation: Par value from KRW 100 to 500, shares from 44,095,775 to 8,819,155 (5:1 merge)
Purpose: Stabilize stock price and enhance corporate value by maintaining appropriate number of outstanding shares
Schedule: Shareholders' meeting 2026-05-29, effective date 2026-07-15, listing date 2026-07-31
Fractional shares to be paid in cash; total shares may change
Related disclosures: Company merger decision (2026-04-08), capital reduction decision (2026-04-08) (reference)