CJ CGV Amends Hybrid Loan Terms for Turkish Subsidiary (Rate Cut, Maturity Extended)

Correction date 2026-05-06, amendment to loan decision disclosure. Changes: interest rate reduced from 8.14% to 7.87%, loan term extended from 30 to 32 years, maturity extended from 2054-06-08 to 2056-10-02.
Loan amount 33 billion KRW, used to repay existing hybrid capital of Turkish subsidiary (CGV Türkiye). Total outstanding loan balance to Turkish entity: 84.9 billion KRW.
Call option exercise period extended: from 2 years to 4 years after drawdown. Conditions (1)-(3) unchanged.
Loan divided into 3 tranches: 1st 12 billion (maturity 2056-06-08), 2nd 8 billion (2056-08-16), 3rd 13 billion (2056-10-02).
Turkish subsidiary financials (2023 standalone): assets 213.5 billion, liabilities 195.3 billion, equity 18.2 billion, net loss 4.2 billion (continued losses).
Loan-to-equity ratio 12.63% (equity 261.2 billion, 2023 consolidated basis).
Board resolutions: initial 2024-05-31, amendment approved 2026-05-08. 4 outside directors present, none absent.

Filing: [Correction of Description] Decision on Monetary Loan (Major Management Matters of Subsidiary)
Company: CJ (001040)
Submission: CJ Corp.
Receipt: 05-08-2026
Under KRX KOSPI Market Division