Gwangju Shinsegae Targets Price-to-Book Ratio of 0.40 by FY2028

• Gwangju Shinsegae's Oct. 22, 2026 plan targets price-to-book ratios of 0.33 for FY2026 and 0.4 for FY2028.
• Corresponding price-to-earnings targets are 6 and 7.3, with return on equity targeted at 5.5% for both periods.
• A department store expansion aims to increase earnings, while a mixed-use development project seeks to strengthen long-term growth and profitability.
• The mixed-use project is undergoing urban planning and architecture committee review following completion of preliminary negotiations.
• Shareholder return measures include considering a higher minimum dividend per share, alongside expanded investor relations efforts.

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. Gwangju Shinsegae Co. Ltd. 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: 20261022800430), on October 22, 2026, and is solely responsible for the information contained therein.