Decision to Cancel 495,273 Treasury Shares as Part of Shareholder Return Policy
Purpose of treasury stock cancellation: To cancel treasury shares acquired within distributable profits as part of a mid- to long-term shareholder return policy to enhance corporate value
Scale of cancellation: 495,273 common shares (cancellation amount approximately 2.0 billion won based on book value per share), representing about 3.37% of total issued shares of 14,718,362
Scheduled cancellation date: June 5, 2026 (confirmed at board meeting on May 18, 2026)
Method: Open market purchase (entrusted to NH Investment & Securities), acquisition period from Feb 12, 2026 to May 8, 2026
No capital reduction: Based on Article 343(1) of the Commercial Act, cancellation within distributable profits does not affect capital
Note: This is a corrected disclosure due to completion of treasury stock acquisition following the initial filing on February 10, 2026
KOSDAQ Filing Information
Filing: [Correction of Description] Decision on Cancellation of Shares