INVENI Posts Strong Q1 Operating Profit of KRW 79.1B, Continues Share Buyback and Dividend Policy

Q1 2026 consolidated sales KRW 572.0B, operating profit KRW 79.1B, net profit KRW 57.2B
Treasury share cancellation: 250,000 shares cancelled in March 2026 (cumulative 550,000), additional 200,000 shares planned for September
Minimum dividend per share of KRW 600 (post stock split) maintained until regular dividend for FY 2028
5:1 stock split completed in April 2026
Investment NAV at KRW 19,520, representing a 28.6% discount to stock price of KRW 15,180
Issued 5th exchangeable bonds (for 671,000 shares) raising KRW 56.8B investment funds, targeting 10% annual return
AUM at KRW 880B, targeting PBR of 1x
Consolidated debt-to-equity ratio of 279.56%, well below bond covenant limit of 800%
Contingent liabilities: 4 lawsuits, no material financial impact
Derivative valuation loss of KRW 2.04B (derivative liabilities of KRW 3.29B)