Rights Offering Decision - Issue at Par of 500 Won Amid Trading Suspension, Expected Change of Largest Shareholder

Third-party allocation rights offering for financial restructuring and management normalization. Issue price set at par value of 500 won per share due to stock trading suspension; external valuation (Samduk Accounting Corp.) at 443 won below par, leading to par value application.
Largest shareholder expected to change to Jeong Chan-soo as of payment date (May 7, 2026); new shares subject to 1-year lock-up.
Completed 30:1 reverse stock split (capital reduction) prior to offering. Shares reduced from 178,549,360 to 5,951,645.
Securities registration statement to be filed; schedule subject to change upon consultation with authorities.