JYP Publishing Corp. (the “Company”) resolved at its shareholders’ meeting on May 29, 2025, to merge into JYP Entertainment Corporation (“JYP ENT”) pursuant to Article 522 of the Korean Commercial Code. In accordance with Articles 527-5 and 232 of the Korean Commercial Code, the Company hereby announces the procedure for creditor objection submissions, and pursuant to Articles 530 and 440?443, the procedure for submission of share certificates by shareholders as follows:

 

1.          Merger Details

A. Merger Method: The Company will merge into JYP ENT and be dissolved.

B. Merger Ratio:    JYP ENT : the Company = 1 : 0

(※ As JYP ENT owns 100% of the Company’s shares, JYP ENT will not issue new shares regarding the Company’s shares in connection with the merger, which will proceed as a non-capital increase merger.)

C. Merger Date:     July 1, 2025

 

2.          Creditor Objection Submission Procedure

A. Eligible Creditors:           Creditors holding a claim against the Company as of the notice date

B. Submission Period:         May 29, 2025 ? June 30, 2025

C. Submission Address:       JYP Publishing Corp., 205, Gangdong-daero, Gangdong-gu, Seoul

(JYP Center, Seongnae-dong). Tel: 82-2-2225-8289

 

3.          Share Certificate Submission Procedure (for shareholders)

A. Eligible Shareholders:     Shareholders of the Company

B. Submission Period:         May 29, 2025 ? June 30, 2025

C. Submission Address:       JYP Publishing Corp., 205, Gangdong-daero, Gangdong-gu, Seoul

(JYP Center, Seongnae-dong). Tel: 82-2-2225-8289

 

Dated: May 29, 2025

 

JYP Publishing Corp.

205, Gangdong-daero, Gangdong-gu, Seoul (JYP Center, Seongnae-dong)

Representative Director: Eunjee Sim