Stock Consolidation (5:1) to Stabilize Share Price and Enhance Corporate Value... Capital Unchanged

Hankuk Paper will hold an extraordinary general meeting on July 14, 2026 to approve a 5:1 stock consolidation.
Outstanding shares will decrease from 190,150,720 to 38,030,144, with capital remaining unchanged at 190.15 billion won.
The purpose is to stabilize the stock price and enhance corporate value by maintaining an appropriate number of outstanding shares; face value changes from 1,000 won to 5,000 won.
Fractional shares will be paid in cash based on the closing price on the first listing day; new shares are expected to be listed on August 14, 2026.
Outside director compensation is approximately 15 million won per person per year, within the approved limit.
[AI Comprehensive Analysis]This stock consolidation is a neutral event that merely reduces the number of shares without changing capital or fundamental value. Given the low current share price (687 won), the reduction in outstanding shares may help stabilize the stock price.