Hanwha delays spin-off schedule and adjusts split ratio reflecting share cancellation

Split date postponed to Aug 1, 2026 (from Jul 1)
Cancellation of 4,450,816 common treasury shares completed → total outstanding shares reduced to 70,507,919
Split ratio changed: surviving company 0.7563533, new company 0.2436467 (previously 0.7634722 / 0.2365278)
New share allocation ratio: 1.2182335 common shares per existing share (prev 1.1826390)
New company's capital: 108,397,145,000 won (prev 105,229,985,000); further reduction to 108,206,580,000 after cancellation of 156,425 preferred shares
Shareholder meeting and new share listing postponed to Jul 15, 2026 and Aug 25, 2026 respectively

Filing: [Correction of Description] Report on Major Events (Decision on Company Split)
Company: HANWHA (000880)
Submission: HANWHA CORP
Receipt: 05-14-2026