• SM Culture & Contents plans a 1-for-5 share consolidation effective Dec. 11, 2026.
• Outstanding common shares will fall to 19,342,924 from 96,714,620.
• Par value will rise to 2,500 won per share from 500 won.
• The consolidation is subject to shareholder approval at a meeting scheduled for Nov. 26, 2026.
• Trading will be suspended Dec. 9-29, 2026, with consolidated shares scheduled to list Dec. 30.

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. SM Culture & Contents Co. Ltd. published the original content used to generate this news brief via DART, the regulatory disclosure system operated by the South Korea Financial Supervisory Service (FSS) (Ref. ID: 20261020900554), on October 20, 2026, and is solely responsible for the information contained therein.