SAJODAERIM 1Q OP 23.8B won, +56% YoY, dividend 250 won

Consolidated 1Q 2026 sales 886.3B won, OP 23.8B won (+56% YoY), net profit 15.6B won.
63rd AGM (2026.03.26) approved year-end dividend of 250 won/common share and 300 won/preferred share.
Acquired additional 989,075 shares (9.41%) of subsidiary Sajo Oyang for 8.9B won, stake increases from 61.92% to 71.33%.
Articles amended: raise independent director ratio to 1/3, increase separate election of audit committee members to 2; effective July 23, 2026.
Major lawsuit: subsidiary SajoCPK sued by Alpha Energy for 5B won regarding bidding; management expects no material impact.
New subsidiary: acquired 65% stake in Chinese entity SICHAOXIAN (DALIAN) (2025.04.24).