FNC Entertainment Files Correction to 2025 Annual Report Adding Treasury Stock Report with No Change to Shareholder Value

This corrective filing amends the annual business report for the fiscal year ended December 31, 2025, by adding a previously omitted treasury stock report.
According to the added treasury stock report, as of end-2025, FNC Entertainment holds 464,917 treasury shares representing 3.02% of total outstanding shares. These shares were acquired via trust contracts in 2016 and 2017 for stock price stabilization and employee incentive purposes.
The correction does not alter any financial statements or operating results; previously disclosed consolidated financial indicators such as debt ratio of 464.42% and net loss of KRW 118.1 billion remain unchanged.
Despite revenue growth in the entertainment segment, the company posted a wider net loss due to increased financial costs including derivative valuation losses, though operating loss narrowed.
FNC Entertainment did not pay dividends in 2025 and has no plans to cancel treasury shares. The shares may be sold for management purposes but no specific plan is in place.
[AI Summary]This correction is purely administrative with no impact on the company's financial position or business performance. Investor decision-making remains unaffected, and the existing financial assessment stands.