Nongshim Q1 2026 Strong Earnings - Revenue and Operating Profit Up, Dividend Policy Strengthened

Consolidated revenue KRW 934.0B (QoQ +4.6%), operating profit KRW 67.4B (+20.3%), net profit KRW 60.7B (+16.3%) - strong results.
Debt ratio 37.0%, maintaining stable financial structure (35.0% at year-end 2025).
Dividend policy: target payout ratio 25% of separate net profit, minimum KRW 5,000 per share. Enhanced shareholder returns.
Maintained market leadership: ramen 56.2%, snacks 32.3% (value basis).
Developing 49 new products (e.g., Shin Ramyun Gold, Baehongdong Makguksu) and expanding overseas (Russian subsidiary established).
Contingent liabilities: one pending lawsuit (minor impact), raw material price volatility risk.