Trading of NICE Information & Communication's common shares has been suspended starting July 29, 2026, for the electronic registration modification and cancellation procedures related to the stock split.

According to a Korea Exchange disclosure, this trading suspension is a procedural measure taken to complete the stock split by modifying the electronic registration of existing shares and relisting new shares. It is fundamentally different from trading suspensions caused by deteriorating corporate management or listing eligibility reviews.

■ Trading Suspension Period and Impact on Investors The trading suspension will remain in effect from July 29 until the day before the relisting date for the new share certificates. The exact timing of trading resumption will be determined once the relisting schedule is finalized. During this period, investors cannot buy or sell NICE Information & Communication shares.

On the daily stock price screens of securities firms' HTS or MTS platforms, the trading volume may be displayed as '0' during the suspension period, or the last traded price may remain unchanged. Investors should not misinterpret this as actual trades being executed.

■ Meaning and Effects of Stock Split A stock split is a measure that divides one existing share into multiple shares at a certain ratio, and it does not change the enterprise value itself. While the number of shares held increases, the price per share is adjusted according to the split ratio, so the total equity value of the investor remains theoretically the same.

However, following the split, the per-share trading price decreases, which can improve investor accessibility and increase the number of outstanding shares. As changes in trading volume and supply-demand dynamics may occur after the relisting, attention is focused on the stock price movement immediately after trading resumes.

When evaluating the stock price after trading resumes, investors should check the rate of fluctuation based on the reference price reflecting the split ratio, rather than simply comparing it with the pre-split price.

■ Regulatory Basis The Korea Exchange suspended the trading of NICE Information & Communication shares in accordance with Article 25 of the KOSDAQ Market Business Regulations and Article 30 of the Enforcement Detailed Rules of the same regulation.

The most important point for investors to note is the relisting date for the new share certificates, which will be disclosed in the future. The end of the trading suspension is explicitly stated in the disclosure as 'until the day before the relisting date of the new share certificates.'

[A stock split does not guarantee an increase in enterprise value, and the stock price after relisting may fluctuate depending on market conditions and supply-demand dynamics. Investment decisions should be made prudently after comprehensively reviewing exchange disclosures and the company's financial and business status. This is an article written with AI assistance.]