N2TECH Announces 5:1 Reverse Stock Split … Par Value Adjusted to 500 Won, Reduction in Outstanding Shares

N2TECH has decided to consolidate common shares at a ratio of 5 old shares to 1 new share. After the consolidation, total outstanding shares will decrease from 172,541,047 to 34,508,209.
The purpose is to stabilize stock price and enhance corporate value by maintaining an appropriate number of outstanding shares; the company emphasizes that this is not a capital reduction.
Fractional shares (less than 1 share) resulting from the consolidation will be paid in cash based on the closing price on the first day of listing of the new shares.
Trading suspension is scheduled from May 4, 2026 to May 27, 2026, and the new shares are expected to be listed on May 28, 2026 (amended from previous dates).