S — 1 backs tender offer for 11.96% of shares at 99,000 won apiece

S-1's board backed a tender offer for its own common shares on October 14, 2026, following an independent committee review. The offer targets 4,545,454 shares, representing 11.96% of outstanding shares, at KRW 99,000 each. The price represents a 13.79% premium to the closing price on the business day before the board decision. The offer runs from October 15 through November 3, 2026. * All acquired shares will be canceled to enhance shareholder value; no external financing is planned. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. S-1 Corporation published the original content used to generate this news brief via DART, the regulatory disclosure system operated by the South Korea Financial Supervisory Service (FSS) (Ref. ID: 20261015000003), on October 15, 2026, and is solely responsible for the information contained therein. (C)