• K Wave Media plans to retire and cancel about 9,800,000 ordinary shares expected to be returned by end-July 2026.
• Outstanding ordinary shares are expected to fall about 13% following the cancellation.
• The share return ties to a May 29, 2026 rescission and termination agreement related to the previously announced KWM-Solaire transaction.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. K Wave Media Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202606090900PRIMZONEFULLFEED9733991) on June 09, 2026, and is solely responsible for the information contained therein.