[Gumi] Implementation of Organizational Restructuring and Absorption-Type Merger | July 2026

Overview of the Organizational Restructuring

Gumi Inc. will conduct a board resolution on July 28, 2026, to carry out an organizational restructuring within the group aimed at concentrating and streamlining management resources. Specifically, it involves debts forgiveness to gC Labs, distribution of G C Labs' holdings of G C Games stock in kind, and a phased absorbent merger of G C Games. Through this, G C Games will become a wholly owned subsidiary of the Company, promoting management efficiency within the group. The absorbent merger is expected to be carried out without a shareholder meeting, based on the Companies Act.

Future Outlook and Impact

This organizational restructuring is an internal change within the group, and the impact on the company's consolidated performance is expected to be minimal. The effect on the standalone performance due to debt forgiveness has already been limited as provision for doubtful accounts was made in previous years. The purpose of the restructuring is to optimize and streamline management resources and is positioned as part of the company's long-term growth strategy.