Debt Guarantee Extension for Cheongna The Live Tiamo Casa Buyers — KRW 224.1B — DKS

Summary

The company extended its joint guarantee on interim payment loans for buyers of the Cheongna The Live Tiamo Casa apartment project, with Hana Capital and others as creditors. The guarantee amount is KRW 224.1 billion, representing 67.49% of equity (KRW 332.1 billion based on 2025 year-end consolidated K-IFRS), running from May 31, 2026 to November 30, 2026. This is a maturity extension of previously disclosed guarantees from 2022, 2023, and 2024, not a new commitment. Total outstanding debt guarantees across all counterparties stand at KRW 585.6 billion, reflecting ongoing exposure to project financing in real estate developments.

Historical Impact

6 past Debt Guarantee · ≈ 8-K events at DKS

Median +5d

-0.19%

Range

-7.57% to +12.42%

Positive outcomes

3/6

Filed	P₀	P₊₅	+5d
May 6, 2026	₩16,540	₩15,450	-6.59%
Dec 8, 2025	₩16,390	₩15,150	-7.57%

Full Translation

Decision on Debt Guarantee for Third Parties 1. Debtor: Buyers of Cheongna The Live Tiamo Casa - Relationship with the company: - 2. Creditor: Hana Capital Co., Ltd. and others 3. Debt (borrowing) amount (KRW): 172,416,742,000 4. Debt guarantee details - Debt guarantee amount (KRW): 224,141,764,600 - Shareholders' equity (KRW): 332,124,592,183 - Ratio to equity (%): 67.49 - Large enterprise applicability: Applicable - Guarantee period: Start date 2026-05-31, End date 2026-11-30 5. Total outstanding debt guarantees (KRW): 585,561,764,600 6. Board resolution date (decision date): 2026-05-29 - Outside director attendance: Attended 1, Absent - - Auditor (audit committee member) attendance: Attended 7. Other matters for reference in investment judgment: 1. The above is an extension of the company's joint guarantee period following the maturity extension of previously disclosed [2022-10-12, 2023-03-08, 2024-02-23 Debt Guarantee Decisions for Third Parties]. 2. The shareholders' equity in '4. Debt guarantee details' is based on the 2025 year-end consolidated financial statements prepared under K-IFRS. 3. The total outstanding debt guarantees in item 5 and the per-debtor balances include this guarantee amount. Items below 5% of prior fiscal year equity at the time of occurrence are aggregated as 'Other.' 4. The board resolution date in item 6 is based on the internal decision date. [Debt guarantee balance by debtor] - Pocheon Eco Green General Industrial Complex Co., Ltd. (Other): KRW 33,600,000,000, Loan date ~ 2026.08.25, Loan agreement-related fund support - Jinwoldong Local Housing Association (Other): KRW 48,375,000,000, Loan date ~ 2027.12.27, Loan agreement-related fund support - Westside Logistics Co., Ltd. (Affiliate): KRW 57,920,000,000, Loan date ~ 2027.03.31, Loan agreement-related fund support - Yongdudong Local Housing Association (Other): KRW 70,000,000,000, Loan date ~ 2029.10.25, Loan agreement-related fund support - Cheongna Plus Co., Ltd. (Other): KRW 63,840,000,000, Loan date ~ 2026.11.11, Loan agreement-related fund support - Cheongna Plus Co., Ltd. (Other): KRW 20,000,000,000, Loan date ~ 2026.11.09, Loan agreement-related fund support - Win & Win General Development Co., Ltd. (Other): KRW 63,000,000,000, Loan date ~ 2027.05.06, Loan agreement-related fund support - Cheongna The Live Tiamo Casa Buyers (Other): KRW 224,141,764,600, Loan date ~ 2026.11.30, Joint guarantee on interim payment loans - Other (Other): KRW 4,685,000,000, Loan date ~ until loan repayment, - ※ Related disclosure regulation: Capital Markets Act