Stock merger ratio corrected from 3:1 to 2:1, par value standardized to 1,000 won

Stock merger ratio corrected from 3:1 to 2:1 (post-merger shares: 28,544,307, par value 1,000 won)
Par value standardized to 1,000 won per KOSDAQ listing rules; previous resolution void if passed at EGM (6/17)
Purpose: stabilize stock price and enhance corporate value through appropriate number of circulating shares (not capital reduction)
Schedule: EGM 6/17, effective date 7/21, trading suspension 7/16~8/6, listing 8/7
Fractional shares to be paid in cash based on closing price on first listing day