K Auction retires 500,000 common shares via cancellation of treasury stock

• K Auction plans to cancel 500,000 common shares from treasury stock, reducing issued shares from 25,888,290 common shares.
• Board resolution dated Sept. 29, 2026; share cancellation scheduled for Oct. 20, 2026.
• Par value is KRW 500 per share; cancellation amount recorded as KRW 0 based on a zero-cost book value.
• The shares were acquired via a gift from controlling shareholder TA Advisor on Sept. 28, 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. K Auction Inc. 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: 20260929900405), on September 29, 2026, and is solely responsible for the information contained therein.