[Air Water] Formulation of Improvement Plan and Strengthening Governance | May 2026

Formulation and Progress of the Improvement Plan

Air Water was designated as a Special Attention Stock in May 2026 and is developing a plan aimed at improving internal management and governance. Based on investigation reports, the company is working on corporate culture reform, management system review, and internal control reinforcement while receiving support from external professionals. The plan includes initiatives such as raising awareness among directors and employees, strengthening internal reporting systems, enhancing the Board of Directors' oversight functions, and improving accounting and internal audit systems. The company aims to submit the improvement plan and status report by late July 2026.

Future Outlook and Company Response

Air Water will continue to revisit recurrence prevention measures and promote corporate culture reform toward lifting the designation. Any delays or changes in progress will be promptly disclosed, and the company aims to strengthen governance and internal management to restore trust and achieve sustainable growth.