Camus E&C Corrects Debt Guarantee Disclosure Revealing Extremely Weak Financials of WH Holdings, Increasing Guarantee Risk

This filing is a correction to the debt guarantee decision disclosure submitted on July 10, 2026. The original filing incorrectly listed the financial data of SK Ecoplant as the debtor, but this correction amends it to the actual debtor WH Holdings financials.
The corrected financial information reveals that WH Holdings has total equity of only approximately 11.967 billion won and has been recording net losses, indicating extremely weak financial health. This means the 10 billion won guarantee provided by Camus E&C carries significantly higher risk than initially perceived.
The guarantee is part of a structure aimed at recovering existing loans of 21.5 billion won to WH Holdings, linked to a private bond issuance managed by SK Ecoplant. Camus E&C is providing 9,136 shares of SK Ecoplant as collateral and receiving in return the beneficial interest in a trust of 1.25 million shares.
This correction significantly lowers the debtor's creditworthiness, increasing the likelihood that the guarantee will be called. Investors should be cautious about potential cash outflows and deterioration of Camus E&C's financial soundness.
[AI Summary]The correction of the debt guarantee disclosure by Camus E&C officially confirms the extremely weak financial condition of the debtor WH Holdings. Although the structure aims to recover existing loans, this development materializes a major risk that could negatively impact shareholder value.