Hanssem Discloses Corporate Governance Report: 73.3% Compliance with Key Indicators, No Dividend for 2025

Compliance with 11 out of 15 corporate governance key indicators (73.3%), non-compliance includes AGM notice 4 weeks prior, avoidance of concentrated dates, annual dividend policy notification
2025 consolidated revenue KRW 1.74 trillion (-8.6% YoY), operating profit KRW 18.5 billion (-40.8%), net profit KRW 46.3 billion (-69.4%)
No dividend for 2025, mid-to-long-term shareholder return policy (quarterly dividend, minimum 50% payout ratio) maintained, can exceed 50% if FCF exceeds net profit
Merger with subsidiary Hanssem Nexus in progress (merger date July 31, 2026), dissenting shareholders may exercise appraisal rights
Major shareholder Haim LLC holds 35.96%, minority shareholders 20.15%, treasury shares 29.5%
Board of 9 includes 3 outside directors (33.3%), audit committee fully composed of outside directors, one female outside director
Individual evaluation of outside directors not conducted, evaluation results not reflected in reappointment; future introduction under review
Excellent ESG ratings: KCGS integrated A grade (4 consecutive years), SUSTINVEST AA, MSCI BBB
On May 7, 2026, board resolved to absorb Hanssem Nexus; merger date scheduled for July 31, 2026