48th Ordinary GM Results: Massive Losses, No Dividend, Stock Split Resolution

Consolidated FY48: Revenue 6,341M KRW, Operating Loss 8,357M KRW, Net Loss 11,836M KRW (EPS -256 KRW)
Separate FY48: Revenue 4,968M KRW, Operating Loss 7,530M KRW, Net Loss 11,249M KRW (EPS -242 KRW)
No dividend declared (no cash or stock dividend)
Special resolution for stock split (face value split) passed (approval rate 77.1%)
New outside director Lee Chang-ju appointed (former CEO of Daekyung D&C, current director of GENTLEVISION)
Approval of director and auditor compensation limits (77.1% and 100% approval respectively)
Shareholder attendance rate 33.6% of total voting shares (low participation)
Audit opinion on financial statements: unqualified (both separate and consolidated)