DL E&C has filed an amended disclosure adding details on the project's progress in connection with the construction of Section 2 of the Suseong-Gwangju double-track railway.

According to the amended report on the single sale and supply contract disclosed on the 27th, DL E&C's contract amount is KRW 228,880,909,090. This represents 3.09% of the company's most recent revenue of KRW 7,402,425,126,660 based on the consolidated financial statements at the end of 2025.

The counterparty to this contract is the National Railway Authority, and the construction section runs from Suseong-dong, Gangnam-gu, Seoul to the area of Seongnam-dong, Jungwon-gu, Seongnam-si, Gyeonggi Province. The contract period runs from May 21, 2026 to May 20, 2031. The contract amount corresponds to DL E&C's 50% share of the total construction contract value, excluding value-added tax.

The scale of the project is 6.1 km in total length. It consists of a 5.3 km main tunnel, a 0.6 km train depot, and a 0.2 km Moran station, and also includes two vertical shafts.

The key point of this amended disclosure is the status of permits and approvals for each construction section. DL E&C stated that procedures for approval of the implementation plan are currently underway for the remaining sections, excluding the priority groundbreaking section covering part of Gyeonggi Province.

This amended disclosure adds project progress information to the initial disclosure filed on May 22. It does not change the contract amount or contract period, but rather informs investors of the status of implementation plan approvals for the construction sections.

Payment will be made by invoicing completed work once a month, and the contract also includes conditions for down payments and advance payments. However, the contract amount and period may change depending on future construction progress.

This amended disclosure confirms that implementation plan approval procedures are underway for some sections of the Section 2 construction of the Suseong-Gwangju double-track railway. Going forward, the related approval procedures and construction progress are expected to be key points to monitor for the project schedule.

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