KEI announced that it has decided on a 100% free share distribution allocating one new share for each existing share. Through this free share distribution, 1,314,132 common shares will be newly issued.

The new share allocation reference date is October 21, 2026. One common share will be allocated for each share held by shareholders registered on the shareholder registry as of that date, and the company explained that no fractional shares will arise in this allocation.

In terms of share volume, the total number of issued common shares before the free share distribution is 1,314,132. With the same number of new shares allocated, the total number of issued shares after the capital increase will increase to 2,628,264. The par value per new share is 5,000 won.

The funding for the capital increase will be secured by transferring 6.57 billion won from the share issuance premium of 9.54 billion won as of the end of 2025 into capital.

Regarding the schedule, the dividend start date for the new shares is January 1, 2026, and the scheduled listing date for the new shares is November 12. However, the scheduled listing date may change depending on consultations with relevant authorities.

The company explained that the pre-increase total of 1,314,132 issued shares reflects the total number of shares issued after the cancellation of 256,665 previously acquired treasury shares on September 30, following the share cancellation decision announced on September 21. The scheduled date for the upward change due to the share cancellation is October 16.

Meanwhile, the KOSPI Market Division suspended trading in KEI shares at 1:29 p.m. that day, citing the free share distribution of 10% or more as the reason. Trading resumed at 1:59 p.m. the same day. If futures and options are listed for the relevant shares, trading in those futures and options is also suspended simultaneously.