Megastudy Education Announces 2025 Value-Up Plan Implementation: 65% Shareholder Return, Dividend Up 92.5%

Growth: Restructuring and cost efficiency improving profitability in 2025
Market valuation: PBR 0.9x despite increased net assets, undervalued; pursuing value enhancement
Shareholder return: 65% return rate achieved, TSR recovered to 3.1%
Dividend: 2025 payout ratio 36.4%, dividend amount KRW 31.1B (up 92.5% YoY)
Capital injection: KRW 3.9B to be used as tax-free dividend source
Mid-term plan: Target 60% payout ratio for 2024-2026, treasury stock buyback under review
High dividend company: Qualifies under Article 104-27 of Special Tax Law

Filing: Corporate Value Enhancement Plan (Voluntary Disclosure) (2025 Implementation Status)
Company: MegaStudyEdu (215200)
Submission: MegaStudyEdu Co. Ltd
Receipt: 04-30-2026
Under KRX KOSDAQ Market Division