TS Investment Announces 2:1 Stock Consolidation to Stabilize Share Price and Enhance Corporate Value

TS Investment decided on a 2-for-1 stock consolidation through a board resolution on May 7, 2026.
Total outstanding shares will decrease from 47,556,349 to 23,778,174, with par value increasing from 500 won to 1,000 won per share.
The purpose is to stabilize the stock price and enhance corporate value by maintaining an appropriate number of outstanding shares; it is a consolidation, not a capital reduction.
New shares are scheduled to be listed on June 30, 2026, with trading suspension from June 5 to June 29, 2026.
Fractional shares resulting from the consolidation will be paid in cash based on the closing price on the first listing day.
A minor adjustment in pre-consolidation shares due to conversion rights exercise (from 47,438,344 to 47,556,349) does not affect the consolidation ratio.
[AI Comprehensive Analysis]Stock consolidation is a neutral policy that does not directly impair shareholder value, with potential stock price stabilization effects from reduced outstanding shares. However, it may be interpreted as a defensive measure to prevent further decline from already low levels.