Debt Guarantee of KRW 550 Billion for Lokus (15.8% of Equity)

Decision to provide debt guarantee of KRW 550 billion for Lokus (15.83% of equity of KRW 3.47 trillion)
Guarantee for refinancing existing PF loans, with a period of 12 months from initial drawdown
Debtor Lokus has weak financials: negative equity of KRW 240.85 billion and net loss of KRW 26.02 billion
Total outstanding guarantees of the company amount to KRW 12.65 trillion (364% of equity)
PF guarantee limit of KRW 1.28 trillion, of which KRW 550 billion is used; general guarantee limit of KRW 11.37 trillion