Shareholder Return Policy

Dividend Policy and Procedures

Shareholder Return Policy (FY2026 ~ 2028)

Our shareholder return target is to administer 35~40% of adjusted net profit attributable to controlling interest, which will be offered by blending cash dividends as well as buyback and cancellation of treasury shares.

Targeting a ‘35~40% shareholder return ratio*’ based on adjusted net profit attributable to controlling interest

* Shareholder return ratio = (total dividend+treasury shares buyback/cancellation) / adjusted net profit attributable to controlling interest X 100 (%)

1) Policy based on net profit attributable to controlling interest, adjusted to exclude non-operating income and one-off valuation gains and losses (e.g., large asset impairments)
2) Base dividend is discontinued; instead, total shareholder return value is defined by the performance-linked return policy
3) Shareholder return is to be managed within 35~40% of annual earnings; the fund will blend cash dividends and buyback/cancellation of treasury shares

Advanced Dividend Distribution Practice

Determine the size of the dividend payout fund prior to the record date

(Application period: 2023 year-end dividends, 2025 quarterly dividends)

Dividend History

FY2025 Dividend History

1 Consolidated dividend payout ratio 115.0%
2 Dividend yield 2.8%
3 Dividend per share 10,000KRW

Dividend Payout (Past 5 Years)

Dividend Metrics	2021	2022	2023	2024	2025
Dividend per share (KRW)	17,000	12,000	10,000	10,000	10,000
Total dividend (KRW million)	1,285,635	910,190	758,764	757,485	756,208
Dividend yield (%)	6.0%	4.1%	2.4%	4.0%	2.8%
Consolidated dividend payout ratio (%)	19.4%	28.9%	44.7%	69.2%	115.0%
Consolidated net profit attributable to controlling interest (KRW million)	6,617,239	3,144,087	1,698,092	1,094,917	657,654

*Since 2H 2016, dividend payments were made at quarterly intervals
*Closing price is used to estimate ‘dividend yield'. The closing price is the arithmetic average of the final market prices formed in the securities market for the week prior to the trading day immediately preceding the date on which the dividend record date is determined

Quarterly Dividends for 2026

Dividend Metrics	2026
Dividend Metrics	Q1	Q2
Dividend per share (KRW)	2,000	2,000
Total dividend (KRW million)	151,242	151,242
Consolidated dividend payout ratio (%)	32.4%	22.1%
Consolidated net profit attributable to controlling interest (KRW million)	467,206	684,754
Adjusted consolidated payout ratio (%)	32.4%	22.1%
Adjusted consolidated net income attributable to controlling interests (KRW million) ¹⁾	467,206	684,754

1) No adjustments in Q1 or Q2, given there were no non-operating one-off valuation gains or losses (e.g., large asset impairment). * Within 35–40% of our annual earnings that defines our shareholder return ratio, our dividend policy combines a fluid mix of cash dividends with additional treasury shares buyback and cancellation.
-Shareholder return ratio = (Total dividend + treasury shares buyback and cancellation) / Adjusted consolidated net income attributable to controlling interests x 100 (%) * Quarterly dividends are managed through a "dividend smoothing" approach, in which quarterly results and business conditions are considered more comprehensively to keep payments more steady and predictable. The shareholder return ratio is managed annually within the target fund.

Treasury Share Policy

Completed the phased cancellation of 6% treasury shares over 3 years (FY2024 ~ 2026)

FY2024: 2% shares cancellation (KRW 660 billion)
FY2025: 2% shares cancellation (KRW 420 billion)
FY2026: 2% shares cancellation (KRW 640 billion)

From now on, any share repurchased is immediately cancelled

FY2024: KRW 100 billion shares buyback and cancellation, funded by proceeds from the divestment of non-core assets.

Treasury Shares Buyback & Cancellation History

Shares Repurchased (unit: million)
Shares Cancelled (unit: million)

Shareholder Return Policy

Dividend Policy and Procedures