COSMAX Guarantees USD 30M Debt for Subsidiary COSMAX USA
COSMAX decides to guarantee USD 30M (approx. KRW 45.1B) for subsidiary COSMAX USA CORPORATION's loan of USD 25M (approx. KRW 37.6B), guarantee period 2026-06-05 to 2027-06-05
Guarantee amount equals 7.4% of equity (KRW 612.3B) based on consolidated FY2025
COSMAX USA has negative equity of KRW -172.4B and net loss of KRW 32.2B as of end-2025
Board resolution date 2026-05-19, all 2 outside directors attended