Cube Entertainment announced on the 12th through a regulatory filing that it has decided on a third-party allotment paid-in capital increase to raise 10 billion won in operating funds.

• ■ Key Issuance Details
• Allottee: Co-CEO Kang Seung-kon (Majority Shareholder)
• Number of shares to be issued: 1,607,717 common shares
• Issue price: 6,220 won per share (Total: 9,999,999,740 won)

The company explained, "To achieve management objectives, the board of directors selected the allottee after comprehensively considering the investor's intention, payment capacity, and timing." With the issuance of these new shares, the total number of issued shares will increase from 15,549,849 to 17,157,566, with the newly issued ratio standing at approximately 10.3% of the existing shares.

• ■ Utilization and Execution Plan for Funds
• The raised funds will be used entirely for operating capital. The specific purposes are as follows:
• Investment in expanding global markets
• Strengthening production capabilities
• Expanding investment in new artists

The detailed execution plan involves a total scale of 10 billion won, divided into 5 billion won in 2026 and 5 billion won in 2027. The payment date is August 31, 2026, and the scheduled listing date for the new shares is September 30, 2026. The dividend commencement date for the new shares has been set to January 1, 2026.

■ Pricing and Mandatory Holding Period The issue price of the new shares was calculated in accordance with the 'Regulations on the Issuance and Disclosure of Securities.' It was set at 6,220 won, which is the rounded-up figure to the nearest tick unit based on the base stock price of 6,216.89 won—reflecting the weighted average stock prices for the past month, the past week, and the most recent date as of the day prior to the board resolution. No separate discount or premium rate was applied.

The newly issued shares will be deposited with the Korea Securities Depository and will be subject to mandatory holding (deposit in trust) for one year from the deposit date, restricting withdrawal and sale during that period.