Renewal of debt guarantee for subsidiary Yakjin TongSang's operating loan... Total guarantee balance at 134 billion KRW, limited impact on shareholder value

Debt Guarantee Decision: JS Corporation extends a payment guarantee of 19.2 billion KRW to IM Bank for its subsidiary Yakjin TongSang's operating loan of 16 billion KRW.
Guarantee Terms: The guarantee period is one year from June 10, 2026, approved unanimously by the board of directors including all outside directors.
Financial Impact: The guarantee amount is 3.64% of equity (527.5 billion KRW), indicating minimal impact on financial health.
Total Guarantee Balance: Including this case, the total guarantee balance is 134 billion KRW, mostly concentrated on subsidiary Yakjin TongSang, but managed on a consolidated basis.
Subsidiary Financials: Yakjin TongSang's 2025 consolidated figures show assets of 526.9 billion KRW, revenue of 810.1 billion KRW, and net income of 51.5 billion KRW, indicating sound operations.
[AI Comprehensive Analysis]This disclosure is a renewal of an existing guarantee, adding no new risk. The guarantee size is low relative to equity, so it does not materially affect shareholder value. However, the total guarantee balance of 134 billion KRW for affiliates warrants monitoring of Yakjin TongSang's financial health to prevent potential contingent liabilities.