Woosung Materials Delays Share Placement Payment to April 16, 2027

Woosung Materials postponed payment for its KRW 10 billion third-party allotment capital increase to April 16, 2027, from October 16, 2026. The planned listing of 2,500,000 new common shares moves to May 4, 2027, from November 10, 2026. Proceeds for operations and research and development shift to KRW 5 billion each in 2027 and 2028. Payment delays reflect changes in investor funding plans, financial market volatility and adjustments to business schedules. 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. Woosung Materials Co. Ltd. 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: 20261016000451), on October 16, 2026, and is solely responsible for the information contained therein. (C)