Q1 2026 Consolidated Operating Loss, Continued Net Loss and High Leverage

Consolidated sales: KRW 66.7 billion (down 2.3% YoY from KRW 68.3 billion)
Operating loss: KRW 1.8 billion (vs operating profit of KRW 6.4 billion in Q1 2025)
Net loss: KRW 6.5 billion (similar to KRW 6.4 billion net loss in Q1 2025)
Cold heading wire segment operating profit: KRW 0.3 billion (sharply down from KRW 9.5 billion)
AI services segment operating loss: KRW 0.4 billion (vs loss of KRW 3.1 billion, improvement)
Debt ratio: 354% (equity KRW 38 billion, debt KRW 134.2 billion)
Net debt to equity ratio: 67.7% (high leverage)
Accumulated deficit: KRW 29.2 billion
No dividends (no dividends for the past 5 years)