FNC Entertainment Files Correction to Annual Report Adding Treasury Stock Disclosure; Financial Statements Unchanged, No Impact on Shareholder Value

This correction filing is an administrative supplement to add the previously omitted treasury stock report to the annual report for the fiscal year ended December 31, 2025.
The amendment does not affect any financial figures or operating results; all previously disclosed financial indicators such as the consolidated debt ratio of 464.42% and net loss of 118.1 billion won remain unchanged.
According to the added treasury stock report, as of end-2025 FNC Entertainment holds 464,917 treasury shares, representing 3.02% of total issued shares. These shares were acquired through trust agreements in 2016 and 2017 for stock price stabilization and employee compensation.
No dividends were paid in 2025, and there are no plans for share cancellation. The company may dispose of the treasury shares if needed, but no specific plans exist as of now.
The 2025 results show an increase in net loss year-over-year due to higher financial costs including derivative valuation losses, despite revenue growth in the entertainment segment; however, operating loss narrowed.
[AI Summary]This correction is purely administrative and does not affect any financial statements or key management matters. Therefore, it has no material impact on investment decisions, and the assessment of the company's financial position and performance remains unchanged.