Court Settlement Recommendation in Shareholder Meeting Cancellation Lawsuit (Correction) — Hana Micron

Summary

The company issued a correction to its earlier disclosure on a lawsuit seeking cancellation of a shareholder meeting resolution, updating the legal proceeding from a court-mediated decision (which plaintiffs had objected to on Jan 27, 2026) to a formal settlement recommendation decision delivered on May 12, 2026. Under the terms, plaintiffs will withdraw the suit and the company agrees not to execute the corporate split based on the July 16, 2025 EGM resolution. If neither party objects within two weeks of receiving the decision, it will have the same effect as a final judgment. This effectively confirms the company's prior withdrawal of its spin-off plan and resolves the management control dispute, removing a key overhang.

Historical Impact

3 past Correction · ≈ Amendment (/A) events at Hana Micron

Median +5d

+2.35%

Range

+0.12% to +10.46%

Positive outcomes

3/3

Filed	P₀	P₊₅	+5d
May 29, 2026	₩40,450	₩40,500	+0.12%
Feb 10, 2026	₩34,050	₩34,850

Full Translation

Hana Micron / Court Judgment or Decision on Litigation / (2026.05.20) Court Judgment or Decision on Litigation (Cancellation of Shareholder Meeting Resolution) Correction Report Correction Date: 2026-05-20 1. Disclosure Document Subject to Correction [Correction] Court Judgment or Decision on Litigation (Cancellation of Shareholder Meeting Resolution) 2. Submission Date of Disclosure Document Subject to Correction 2026-01-27 3. Reason for Correction Delivery of the written settlement recommendation decision 4. Items Corrected Item: 3. Content of Judgment/Decision Before: (Decision in Lieu of Mediation) 1. The plaintiffs withdraw this lawsuit, and the defendant consents thereto. 2. The defendant shall not execute the corporate split based on the resolution listed in Annex 1, made at the extraordinary general meeting of shareholders held on July 16, 2025. 3. Litigation costs and mediation costs shall be borne by each party. After: (Settlement Recommendation Decision) 1. The plaintiffs withdraw this lawsuit, and the defendant consents thereto. 2. The defendant shall not execute the corporate split based on the resolution listed in Annex 1, made at the extraordinary general meeting of shareholders held on July 16, 2025. 3. Litigation costs and mediation costs shall be borne by each party. Item: 6. Date of Judgment/Decision Before: 2026-01-12 After: 2026-05-12 Item: 7. Confirmation Date Before: 2026-01-27 After: 2026-05-20 Item: 8. Other Matters for Investment Decisions Before: - The confirmation date in item 7 above is the date the plaintiff's objection was confirmed. - Pursuant to Articles 30 and 34 of the Civil Conciliation Act, an objection may be filed within two weeks from the date of receipt of the original decision in lieu of mediation. If no objection is filed within two weeks, the decision has the same effect as a judicial settlement, which has the same effect as a final judgment. - The plaintiffs filed an objection on January 27, 2026, and matters related to the final judgment will be disclosed at a later date. After: - The confirmation date in item 7 above is the date the settlement recommendation decision was received from the court. - Pursuant to Articles 226 and 231 of the Civil Procedure Act, if no objection is filed within two weeks from the date of receipt of the original decision, the settlement recommendation decision shall have the same effect as a judicial settlement, which has the same effect as a final judgment. - If either the plaintiff or defendant files an objection in the future, matters related to the final judgment will be disclosed. This is a correction disclosure following the court's settlement recommendation decision after the plaintiff's objection. Court Judgment or Decision on Litigation 1. Case Name: Cancellation of Shareholder Meeting Resolution Case Number: 2025 Ga-Hap 30457 2. Plaintiffs/Petitioners: Lee ○○ and 6 others 3. Content of Judgment/Decision (Settlement Recommendation Decision) 1. The plaintiffs withdraw this lawsuit, and the defendant consents thereto. 2. The defendant shall not execute the corporate split based on the resolution listed in Annex 1, made at the extraordinary general meeting of shareholders held on July 16, 2025. 3. Litigation costs and mediation costs shall be borne by each party. 4. Reason for Judgment/Decision For the equitable resolution of this case, taking into consideration the interests of the parties and all other circumstances, the decision is made as follows. 5. Court of Jurisdiction: Cheonan Branch of Daejeon District Court 6. Date of Judgment/Decision: 2026-05-12 7. Confirmation Date: 2026-05-20 8. Other Matters for Investment Decisions - The defendant in item 3 above is the Company, and the resolution listed in Annex 1 is Agenda Item 1, approval of the split plan. - The confirmation date in item 7 above is the date the settlement recommendation decision was received from the court. - Pursuant to Articles 226 and 231 of the Civil Procedure Act, if no objection is filed within two weeks from the date of receipt of the original decision, the settlement recommendation decision shall have the same effect as a judicial settlement, which has the same effect as a final judgment. - If either the plaintiff or defendant files an objection in the future, matters related to the final judgment will be disclosed. ※ Related Disclosures 2025-04-22 Corporate Split Decision 2025-05-21 Resolution to Convene Shareholders' Meeting 2025-07-16 Extraordinary General Meeting Results 2025-07-21 Filing of Litigation (Management Control Dispute Lawsuit) 2025-07-28 Court Judgment/Decision on Litigation 2025-07-29 Other Major Management Matters (Withdrawal of Corporate Split Decision) 2025-09-15 Filing of Litigation (Management Control Dispute) (Cancellation of Shareholder Meeting Resolution) 2026-01-19 Court Judgment/Decision on Litigation (Cancellation of Shareholder Meeting Resolution) 2026-01-27 [Correction] Court Judgment/Decision on Litigation (Cancellation of Shareholder Meeting Resolution)