Correction of Stock Merger Decision (Merger Ratio Change, New Par Value 2,500 KRW)

Purpose of stock merger is price stabilization and corporate value enhancement; after merger, per-share value increases from 500 KRW to 2,500 KRW and total shares decrease from 44,025,021 to 8,805,004 (based on post-capital reduction).
Key schedule changes: shareholder meeting from 2026-05-27 to 2026-06-01, new share effective date from 2026-07-07 to 2026-07-13, trading suspension from 2026-07-03~2026-07-23 to 2026-07-09~2026-07-30, new share listing from 2026-07-24 to 2026-07-31.
Capital reduction and stock merger will proceed simultaneously; fractional shares (less than one share) will be paid in cash based on closing price on the first day of new share listing.