Taeyoung's school construction contract correction, slight decrease in amount and extension, minimal impact on shareholder value

The contract amount for the construction of Dongtan 11 High School and three other schools with Gyeonggi Provincial Office of Education was slightly reduced from 81.38 billion KRW to 80.93 billion KRW, and the project period was extended from February 2027 to June 2027.
This is a routine contract adjustment due to project progress, with Taeyoung's share at 58.29% of a total 138.9 billion KRW stable public order.
The contract size is only 3.01% of sales, with no capital raising or equity changes, thus no direct impact on shareholder value.
Taeyoung had no separate treasury stock purchase or cancellation disclosures, and financial risk is assessed as low.
[AI Summary]This disclosure is a normal construction contract change with a public entity, involving no capital dilution or governance shifts, neutral for stock price. The contract amount change is only 0.6%, and progress payment terms minimize cash flow risk.