DL Holdings Subsidiary Cariflex to Spin Off Synthetic Rubber Business Into Wholly Owned Unit

• DL Holdings subsidiary Cariflex will transfer its synthetic rubber business to newly established Cariflex Polymer on Dec. 1, 2026.
• Cariflex will retain 100% ownership of Cariflex Polymer, shifting its focus to investment and subsidiary management.
• The new subsidiary will have estimated assets of KRW 1.05 trillion and liabilities of KRW 668.19 billion.
• External investment in Cariflex Polymer is under discussion to strengthen its financial structure and fund investment; no agreement has been finalized.
• The split will not affect parent DL Chemical's control or consolidated financial statements.

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. DL Holdings 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: 20261109800728), on November 09, 2026, and is solely responsible for the information contained therein.