New Risk • Jun 19
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of South Korean stocks, typically moving 13% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 30% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Market cap is less than US$100m (₩30.2b market cap, or US$19.6m). Announcement • Jun 19
Samhwa Networks Co., Ltd. (KOSDAQ:A046390) announces an Equity Buyback for KRW 2,000 million worth of its shares. Samhwa Networks Co., Ltd. (KOSDAQ:A046390) announces a share repurchase program. Under the program, the company will repurchase shares up to KRW 2,000 million worth of its shares under the contract with NH Investment & Securities. The purpose of the program is to improve shareholder value and to stabilize stock price. The program will be valid until December 18, 2026. As of June 17, 2026, the company had 2,052,040 shares in treasury under the dividend capacity and 2,656 shares in treasury under other buyback. Board Change • May 26
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. No independent directors (6 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. 
