S-1 (012750) investor relations material

Executive summary

• 3Q26 revenue rose 2.6% YoY to KRW 7,167 hundred million; operating profit increased 5.3% to KRW 654 hundred million.

• Growth in Security and Real Estate Services offset an 18.0% YoY decline in Security SI revenue.

Financial highlights

• Gross profit increased 2.9% YoY to KRW 1,723 hundred million; gross margin was 24.0%, unchanged YoY.

• Operating profit rose 5.3% YoY to KRW 654 hundred million; operating margin improved 0.2 percentage points to 9.1%.

• Net profit increased 2.5% YoY to KRW 495 hundred million; net margin was 6.9%, unchanged YoY.

• EBITDA grew 5.2% YoY to KRW 1,096 hundred million; EBITDA margin rose 0.4 percentage points to 15.3%.

Segment performance

• Security revenue rose 3.5% YoY to KRW 3,567 hundred million; growth in Security Services and Products supported operating profit growth.

• Security Services revenue increased 2.3% YoY and Security Products revenue rose 16.5% YoY; physical security subscribers grew 3.6% to 874,000.

• Infrastructure revenue increased 1.7% YoY to KRW 3,562 hundred million, while operating profit declined as Security SI revenue weakened.

• Real Estate Services revenue climbed 10.8% YoY to KRW 2,229 hundred million, supported by new contracts and more managed sites.

• Integrated Security revenue declined 7.1% YoY to KRW 1,265 hundred million; Security SI revenue fell 18.0% to KRW 530 hundred million.