HVM announced on the 29th that it has signed a supply contract worth approximately 18.96804 billion won for super alloys and special alloys with an overseas aerospace metal distribution company.

■ Contract Worth 28.51% of Revenue... A Definitive Agreement According to the disclosure, the contract amount is 18,968,044,333 won, which accounts for 28.51% of the company's most recent revenue of 66,531,544,743 won based on its separate financial statements for the 2025 fiscal year. This contract is a definitive agreement, not a conditional one. The counterparty is an aerospace metal distribution company, and the sales and supply region is overseas.

■ Counterparty Details Withheld at Request Due to Trade Secrets Specific information about the counterparty, including its company name, recent revenue, relationship with HVM, and items to be supplied, was not disclosed at the counterparty's request to protect trade secrets. The company stated that it has carried out similar contracts with the counterparty over the past three years.

■ Contract Period Runs from October 29, 2026 to May 31, 2027 The contract start date and order receipt date were determined based on the date of receipt and confirmation of the purchase order (P/O). The contract end date is a provisional date calculated by considering the expected payment schedule after delivery, and a corrective disclosure will be made if the schedule changes in the future.

■ In-House Production Method... Payment Due at End of Month Following Delivery The supply method is in-house production and does not involve outsourced production. There is no contract deposit or advance payment, and payment is due at the end of the month following the delivery date.

The contract amount is 14,194,451 US dollars, converted into Korean won at the base exchange rate of 1,336.30 won per dollar announced by the Seoul Foreign Exchange Brokerage on October 29.

The company stated that the terms of this contract may be changed through consultation with the counterparty depending on progress. The disclosure withholding period due to the counterparty's trade secret non-disclosure request runs until May 31, 2027.