• SM Culture & Contents will hold an extraordinary shareholders' meeting at Delpino Hall in Seoul on November 26, 2026.
• Shareholders will vote on a 5-for-1 common share consolidation, reducing outstanding shares from 96,714,620 to 19,342,924.
• Proposed charter amendments would raise par value from KRW 500 to KRW 2,500 per share to reflect the consolidation.
• The consolidation is scheduled to take effect December 11, 2026, with the consolidated shares scheduled for listing December 30, 2026.
• Trading is expected to be suspended from December 9 through December 29, 2026.

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: 20261111000364), on November 11, 2026, and is solely responsible for the information contained therein.