F&F 1Q OP 153.5B KRW…Introduces Minimum DPS of 2,000 KRW

Consolidated 1Q revenue KRW 560,898M, operating profit KRW 153,482M, net income KRW 197,556M (controlling).
Cash and cash equivalents KRW 570,000M, total assets KRW 2,832,461M, debt ratio 43.0%.
Announced mid-to-long term shareholder return policy: return at least 25% of separate net income annually for 2025-2027, minimum DPS of KRW 2,000.
Decision to sell Yeoksam office building (board resolution on Feb 24, 2026), sale price KRW 136.2B.
Investment in associates (Centroid PEF) KRW 731,868M, equity method loss KRW 759M.
Key subsidiary performance: F&F China revenue KRW 303,083M, operating profit KRW 10,699M.
Guarantees for affiliates: CNY 394M for F&F China, HKD 75.6M for Hong Kong entity.
After reporting date: LP participation in fund to acquire 70% of SsukSsuk Company for KRW 67.2B.