| 1. Title of Lawsuit | Counterclaim in an international arbitration proceeding before the PCA (Permanent Court of Arbitration) | |||||||
| 2. Counterclaimants | (1) THE GOVERNMENT OF THE REPUBLIC OF RWANDA (2) RWANDA DEVELOPMENT BOARD (3) RWANDA SOCIAL SECURITY BOARD (4) AGDF CORPORATE TRUST LTD | |||||||
| 3. Summary of Lawsuit | KT Corporation (the "Company") initiated arbitration proceeding against the Counterclaimants, seeking payment of a put option price of approximately USD 152 million, based on the Counterclaimants’ breach of their obligations under a shareholders’ agreement. In response, the Counterclaimants filed a counterclaim against the Company, alleging that the Company breached its obligations under the shareholders’ agreement and seeking approximately USD 386 million in damages. | |||||||
| 4. Amount Claimed | Amount Claimed(KRW) | 512,415,000,000 | ||||||
| Equity(KRW) | 19,458,023,083,673 | |||||||
| Percentage of Equity(%) | 2.63 | |||||||
| 5. Court of Jurisdiction | PCA (Permanent Court of Arbitration) | |||||||
| 6. Planned Action | The amount claimed in the counterclaim was calculated based on unilateral assumptions made by the Counterclaimants. KT plans to vigorously dispute the validity of the basis for such calculation and defend its position during the arbitration proceedings. | |||||||
| 7. Filing Date | October 20, 2026 | |||||||
| 8.Confirmation Date | October 21, 2026 | |||||||
9. Additional details relevant to investment consideration –The amount claimed set forth in Item 4 above represents the amount claimed by the Counterclaimants, converted into Korean won using Hana Bank’s base exchange rate of KRW 1,327.5 per USD as of October 21, 2026, the date on which the response and counterclaim submitted by the Government of Rwanda were confirmed. –The total equity of KT above is based on the consolidated financial statements as of December 31, 2025 | ||||||||
| Dated: October 23, 2026 | ||||||||
| KT Corporation | ||||||||
| By: | /s/ Sun Wook Kim | |||||||
| Name: Sun Wook Kim | ||||||||
| Title: IRO | ||||||||
| By: | /s/ Sanghyun Cho | |||||||
| Name: Sanghyun Cho | ||||||||
| Title: IR Team Leader | ||||||||