Capital Reduction and Share Consolidation for Financial Restructuring

Extraordinary general meeting on May 21, 2026, agenda includes 2-for-1 reverse stock split (50% reduction) and share consolidation (face value from KRW 500 to KRW 1,000)
Purpose: improve financial structure by offsetting accumulated deficit
Conversion rights of convertible bonds: 20,340,000 additional shares pending listing; post-reduction capital base approx. KRW 22 billion
Fractional shares from consolidation to be repurchased as treasury shares and paid in cash
Outside director compensation limit KRW 500 million; total paid KRW 24 million (KRW 24 million per person)
Registered as new technology finance company, minimum paid-in capital KRW 20 billion, investment limits apply