SEBO MEC Q1 Strong Results with Share Cancellation and Dividend Increase

Consolidated Q1 2026 sales KRW 245.9bn (+41% YoY), operating profit KRW 15.8bn (+34% YoY), net profit KRW 13.2bn (+45% YoY), continuing earnings improvement
Debt ratio 62%, improved from 68% at year-end 2025, stable financial structure
Completed cancellation of 519,400 treasury shares (end of period: 265,128 shares, ratio 2.52%), strengthening shareholder return
Dividend per share raised to KRW 600 from KRW 550 (+9.1% vs prior year, based on year-end dividend)
Credit ratings maintained: A- (Korea Data) and BBB+ (Nice Investors Service)
Five pending lawsuits (1 filed by company, 4 against) with no expected material impact
Unbilled receivables increased to KRW 145.1bn from year-end, no allowance for impairment recorded
Benefiting from semiconductor equipment investment cycle, order backlog of KRW 731.6bn