Derivative Valuation Loss of 7.46 Billion Won (21.42% of Equity)

Cumulative derivative valuation loss of 7.46 billion won (21.42% of equity) incurred
Loss causes: Restatement of 2022 financial statements due to accounting disagreements between previous and current auditors; additional loss from FSS review
Includes derivative liability valuation loss from put option contract with related party
Loss occurrence date: 2026-04-29 (date of restated audit report for FY2022)
Company emphasizes that the loss results from past accounting changes and has been fully reversed in 2024, with no impact on current cash flows or financial soundness