Supply contract terminated (subsidiary)

What happened

Kolon / Supply Contract Terminated / (2026.07.22) Supply Contract Terminated

Supply Contract Terminated, Material Management Matter Report of the Subsidiary Kolon Global Corporation

1. Category of the terminated sale/supply contract: construction order; Terminated contract name: Busan Hadan District 1 redevelopment project 2. Termination details: Termination amount: KRW 116,787,990,000; Most recent revenue: KRW 2,663,480,259,991; Ratio to revenue: 4.38%; Whether a large corporation: applicable 3. Counterparty: Hadan District 1 Redevelopment Association; Relationship with the Company: - 4. Contract term: Start date: -; End date: - 5. Main reason for termination: termination notice from the project owner 6. Termination date: 2026-07-22 7. Matters relating to confidentiality deferral: Reason for deferral: -; Deferral deadline: - 8. Other matters relevant to investment decisions: - The original construction contract for this project was signed on May 31, 2024; this disclosure follows the project owner's termination notice, and the Company will respond after a legal review. - The termination amount in item 2 above excludes VAT. - The most recent revenue in item 2 above is based on the consolidated financial statements as of the end of 2023. - The termination date in item 6 above is the date the termination notice letter was received. Related disclosure: 2024-05-31, Single Sale/Supply Contract Signed