Stock Split Plan Revision (1,500→1,000 won) and Articles Amendment, Expected to Ensure Trading Stability via Regulatory Compliance

Withdraws previous resolution (2026.04.28) to merge 3 shares of 500 won into 1 share of 1,500 won, and proposes a new merger: 2 shares into 1 share with par value of 1,000 won
Reason: the standard par value of 1,500 won is not permitted under KOSDAQ listing rules; revision aligns with standard 1,000 won par value
After merger: outstanding shares decrease from 57,088,614 to 28,544,307 (2:1 ratio); capital remains unchanged at 28,544,307,000 won
Schedule: AGM 6/17, record date 7/20, effective date 7/21, new listing 8/7, trading suspension 7/16~8/6
Fractional shares will be paid in cash based on closing price on the first listing day
Business update: 2025 revenue 3.5B won, operating loss 3.4B won, net loss 12.7B won. Market share for data center AWG ~70% (slight decline), telecom AWG <0.2%
[AI Summary]The stock merger itself does not directly affect shareholder value, but proactively correcting the regulatory issue and re-proposing a compliant plan removes potential trading risks, which is mildly positive. Given ongoing weak financials and market share, near-term price catalyst is limited; however, the reduction in outstanding shares may support price stability.