Decision to Increase Short-term Borrowings by 180B KRW… Aimed at Refinancing, Raising Financial Burden Concerns

Total short-term borrowings increase by 180B KRW from 8.22B KRW to 26.22B KRW (27.68% of equity)
Purpose is refinancing existing borrowings, not for new investment or operating funds
Borrowing method: issuance of commercial paper (CP)
Short-term debt to equity ratio rises to 27.68%, increasing financial leverage
Board resolution date: 2026-05-29, 4 outside directors attended (all in favor)
[AI Comprehensive Analysis]This increase in short-term borrowings is a refinancing of existing debt, so it does not directly harm shareholder value. However, higher reliance on short-term debt may increase interest burden and liquidity risk, requiring investor caution.