GKL Discloses 2025 Corporate Governance Report: Dividend Payout Slightly Up to 54.5%, 12 out of 15 Core Governance Indicators Complied

GKL disclosed its 2025 Corporate Governance Report, detailing management transparency and shareholder rights protection
Total cash dividend for 2025 was KRW 414 per share (interim 60 + final 354), with payout ratio of 54.5% vs 53% in 2024
12 out of 15 core governance indicators met; non-compliance items (separate board chair, audit committee) are due to public enterprise nature
Stable ownership with largest shareholder (Korea Tourism Organization) at 51%, minority shareholders 33.9%, low risk of control change
Board composed of 5 inside and 7 outside directors (58.3% outside), ensuring independence
FY2025 consolidated revenue KRW 422.9B, operating profit KRW 52.6B, net income KRW 47.1B, improved YoY
No share buyback or cancellation; shareholder return mainly through dividends