Motonic Strengthens Shareholder Returns with Q1 2026 Results and Share Cancellation

Share cancellation: 6,316,906 common shares canceled on 2026.03.18 (KRW 138.4bn), plus 4,950,000 shares canceled on 2025.02.06.
Q1 2026 consolidated sales KRW 68.3bn, operating profit KRW 4.3bn, net profit KRW 5.7bn.
Credit rating A- maintained, cash flow rating improved to CF1(A) from CF2(B) prior year.
Net debt negative at KRW -9.3bn (cash exceeds debt), debt ratio not calculated (sound).
Key customers: Hyundai Kefico 26.7%, Hyundai Mobis 25.4%, Hyundai Motor 15.8%, Kia 11.3%.
R&D expenses KRW 1.97bn (2.89% of sales), holding 211 patents.
Largest shareholder holds 22.82%, with related parties total 58.94%.