KT KT Corp

•   The Seoul Central District Court issued its first trial decision against 10 former and current executive officers of the Company on charges of embezzlement at work.

•  Subject : Former Representative Director, Hyeon-mo Ku, and nine other current and former executive officers

•  Details of the first trial decision: Imposition of fines for charges of embezzlement at work (aggregate fine amount of Won 28,000,000)

•   The Seoul Central District Court issued its first trial decision against four former regulatory affairs officers on charges of embezzlement at work.

•  One officer was sentenced to a suspended prison term of eight months on probation for two years, and the other three officers were sentenced to a suspended prison term of six months on probation for two years.

•   This disclosure is based on the first trial decision and may change depending on whether there will be an appeal and the outcome of such appeal.

•   The sentencing terms of the four former regulatory officers mentioned in this disclosure were finalized without further appeal.

•   “Total Equity of the Company” in Item 2 above is based on the consolidated financial statements as of year-end in 2021.

•   “Embezzlement Amount” specified in Item 2 above is the embezzlement amount of four former regulatory affairs officers of the Company.

•   Of such total amount, Won 124 million was related to the ten former and current executive officers, as stated in the first trial decision.

•   “Determination Date” in Item 4 above refers to the date the judgment against 10 former and current executive officers of the Company was issued, and does not indicate the date on which the decision was finalized.

•   “Confirmation Date” in Item 5 above refers to the date the judgment against 10 former and current executive officers of the Company was confirmed by the Company, and does not indicate the date on which the decision was finalized.