Sonosquare Announces 5:1 Reverse Stock Split… 80% Share Reduction

Agenda: Approval of capital reduction (reverse stock split 5:1), reducing shares by 80% to 20,160,090, capital to 10.08 billion won
Reason: Improve capital efficiency and stabilize stock price via appropriate float
Record date: June 18, 2026; fractional shares to be paid in cash
Related party transaction: Sales to Sonos International in Q1 2026: 18.591 billion won (11.4% of revenue)
Outside director compensation: total 130 million won, avg 65 million per person
EGM: May 15, 2026, 9 AM at Sono Vivaldi Park