KEPCO KDN Amends Goseong High Thermal Operation Contract, Extends Period with Ongoing Negotiation, No Financial Impact

Korea Electronic Power Industrial Development Co., Ltd amended the contract for the Goseong High Thermal Fuel Environment Facility Operation and Maintenance Service with Korea South-East Power Co., Ltd. The end date previously set to June 30, 2026, is now unspecified, and the company stated it is continuously performing the service and pursuing a contract extension.
The contract amount remains unchanged at approximately 121.7 billion KRW, representing 30.8% of 2025 consolidated revenue.
This amendment is an administrative measure due to a contract period change and does not involve new capital raising or shareholder dilution.
[AI Summary]The change in contract period is a mere administrative procedure with zero financial impact. The ongoing extension negotiation is a continuation of an existing contract, resulting in a neutral effect on the stock price.