Hanwha Ocean Corrects Debt Guarantee Disclosure for Sinan-Ui Offshore Wind - Administrative Revision Removing Affiliate Status

Hanwha Ocean corrected its debt guarantee decision disclosure filed on March 27, 2026, removing the debtor Sinan-Ui Offshore Wind Power Co., Ltd. from affiliated company status.
The guarantee amount remains unchanged at 2.64 trillion KRW, equivalent to 54.28% of equity. The guarantee covers damages for failure to meet completion obligations in an offshore wind power project.
This correction is an administrative rectification of the previous classification, with no material financial impact or change in shareholder value.
[AI Summary]This amendment is a simple administrative correction removing the affiliate relationship, with no change in guarantee size or terms, resulting in a neutral impact on the stock. No additional risk or opportunity for investors.