Extension of Debt Guarantee for Subsidiary ZINUS INC. (USD 60,000,000)
Decision to extend existing debt guarantee for subsidiary ZINUS, INC. (originally approved on 2023.03.23) by USD 60,000,000 (approx. KRW 87.048 billion), with a guarantee ratio of 120% of the debt.
Guarantee period: 2026.05.11 ~ 2027.05.11.
Recent financials of ZINUS, INC. (as of 2025.12.31): Total assets KRW 283,727 million, total liabilities KRW 242,116 million, total equity KRW 41,611 million, net loss KRW 12,424 million (compared to net profit of KRW 8,284 million in the prior year, turning to loss).
The guarantee amount represents 13.40% of the guarantor's equity (consolidated, as of 2025.12.31: KRW 649,370,973,530).
Total outstanding guarantees (as of end of Q1 2026): KRW 135,630,000,000.
Board resolution date: 2026.05.08 (authority delegated to CEO/co-CEOs per previous resolution).