Dunamu's Push for Merger with Naver Financial Remains Unchanged

Dunamu stated that the schedule for the stock exchange with Naver Financial has been postponed for the third time, but the direction of the merger remains unchanged. A Dunamu representative mentioned on the 7th that both companies are cooperating with the relevant authorities for review and procedures, submitting necessary materials, and explaining the purpose and necessity of the transaction. They added that the fundamental content and direction of the transaction have not changed and that they will diligently engage in the reviews and procedures necessary for the completion of the transaction. Naver announced through a correction notice that the scheduled date for the shareholders' meetings of Naver Financial and Dunamu has been changed from November 19 of this year to February 26 of next year, and the stock exchange date has been changed from December 31 of this year to March 31 of next year. This is the third schedule change, with the stock exchange date postponed from June 30 to September 30, December 31, and now to March 31 of next year. Once the transaction is completed, Naver Financial will hold 100% of Dunamu's shares, and Dunamu will be fully incorporated as a subsidiary. However, the completion of the transaction is uncertain due to the corporate merger review by the Fair Trade Commission and the approval for changes in major shareholders.

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