SAMLIP Amends Debt Guarantee for Subsidiary as Period Expires, Guarantee of 20.4 Billion KRW Has Limited Impact on Shareholder Value

SAMLIP filed a correction disclosure due to the expiration of the debt guarantee period for its subsidiary SAMLIP GFS, originally decided in 2015.
The guarantee amount is 20.4 billion KRW, equivalent to 9.13% of equity, with Shinhan Bank and Nonghyup Bank as creditors.
The total guarantee balance stands at 159.965 billion KRW, supporting the borrowings of subsidiaries.
[AI Summary]This correction is a procedural step due to the end of the agreement period, involving no new capital raising or share dilution, thus having minimal direct impact on shareholder value. The financial soundness relative to the guarantee size remains stable.