Hyper Corporation Completes Small-Scale Merger with Gift Letter

Merger overview: Hyper Corporation completed absorption of its 100% subsidiary Gift Letter via small-scale merger (merger date 2026.05.01). No new shares issued (zero-capital increase merger).
Financial impact: Post-merger total assets 72.27 billion won, liabilities 51.28 billion won, equity 20.99 billion won (based on Dec 31, 2025 unaudited statements).
Shareholder opposition: 261 shareholders (0.49%) opposed the merger, but no appraisal rights granted due to small-scale merger.
No creditor objections or lawsuits.
No change in major shareholder equity.