[Correction] Disposal of Tangible Assets (Land) - Extension of Balance Payment Date and Amendment of Terms

Busan Jugong corrects disclosure on land disposal (balance payment date extended from Apr 30 to Jun 15)
Total consideration remains KRW 65bn; partial payment of KRW 1bn received on Apr 30; remaining KRW 64bn to be paid on Jun 15
Additional interest for delay (based on KB Kookmin Bank wholesale deposit rate) to be paid
Counterparty's head office address changed (Haeundae-gu, Busan)
Other terms subject to change by agreement; if changed, further correction disclosure will be made

Filing: [Correction of Description] Major Report (Decision to Transfer Tangible Assets)
Company: Pusan Cast Iron (005030)
Submission: Pusan Cast Iron Co., Ltd.
Receipt: 04-30-2026