Samchuly Bicycle decides capital reduction via cancellation of treasury shares

Capital reduction record date changed: April 22, 2026 → April 30, 2026 (after consultation with authorities)
Reduction limited to treasury shares held by the company; no change in ordinary shareholders' share count
No submission of old stock certificates or delivery of new stock certificates required
Reason for reduction: capital efficiency improvement and shareholder value enhancement through treasury share cancellation
Schedule subject to change based on shareholder meeting and regulatory consultation; details delegated to CEO

Filing: [Correction of Description] Report on Major Matters (Decision on Capital Reduction)
Company: SAMCHULY BICYCLE (024950)
Submission: SAMCHULY BICYCLE CO., LTD
Receipt: 05-06-2026