KT Corporation [Amendment] Confirmation of Embezzlement or Misappropriation by Officers or Employees

KT Confirms Prosecution Appeal Against Acquittal of 10 Former Executives in Embezzlement Case

• The reason for the amendment is the confirmation of the prosecution's filing of an appeal.
• Before the amendment, it was stated that the matter was based on the court's second-instance ruling and could change depending on whether an appeal was filed and the outcome of that appeal.
• After the amendment, it is stated that this is based on the confirmation of the Seoul Central District Prosecutors' Office filing an appeal against the second-instance acquittal for embezzlement charges, and it may change depending on the final appellate ruling.
• In the second-instance ruling by the Seoul Central District Court regarding the embezzlement charges against 10 former executives of the company, the original judgment was overturned and an acquittal was pronounced.
• The company plans to monitor the progress of all subsequent proceedings.