Exem, First Dividend After Listing 'All Treasury Shares'... Strengthening Growth and Shareholder Returns with AI

Following Last Year's Free Share Issue, First Ever Dividend
Plan to Continue Shareholder-Friendly Policy Stance

KOSDAQ-listed company Exem has implemented a shareholder-friendly policy by deciding to pay its first dividend since its listing in 2015.

On the 13th, Exem announced through a board resolution that it decided to distribute all 801,115 treasury shares held as an end-of-term stock dividend. The scale is 0.01125757 treasury shares per common share. Based on the closing price of 2,515 KRW on February 8, the trading day before the board resolution date, the dividend per share is calculated at 28 KRW, with a total dividend amount of approximately 2 billion KRW.

An Exem official explained, "The total dividend amount of about 2 billion KRW is approximately twice the average total dividend amount of companies implementing dividends under the KOSDAQ Venture Business Division in 2022."

The dividend decided on this day will be finalized after approval at the regular shareholders' meeting scheduled for the 28th of next month. The dividend will be paid within one month from the shareholders' meeting date. Fractional shares less than one share arising from the stock dividend will be converted into cash and paid based on the closing price on the day before the shareholders' meeting.

An Exem official stated, "The decision to pay the first dividend since listing is part of enhancing our shareholder return policy," and added, "We decided to pay dividends to shareholders for the 2023 fiscal year to reward those who have continuously trusted and supported the company."

The official emphasized, "This year, we will focus on increasing sales under the vision of successfully launching the hybrid cloud integrated monitoring product ‘exemONE’ and expanding our big data and AIOps businesses." They continued, "We will pay attention to efficiency and cost reduction to improve profitability," and added, "Considering the growth potential of new businesses, stable cash assets, and retained earnings, we plan to continue a shareholder-friendly policy by reviewing various return policies."

Last month, Exem developed ‘QURI,’ a conversational chatbot incorporating generative AI technology and large language models (LLM), and first applied it to its AIOps solution ‘XAIOps.’ Exem plans to upgrade QURI and apply it to enterprise-wide monitoring solutions such as the SaaS-type DataSeeker and the on-premise exemONE. Exem is conducting research and development to further enhance the AI algorithms and conversational logic applied to QURI to provide additional analysis and solutions for various collected metrics.

Recently, Exem has been leading the construction of Seoul City's ‘Big Data Service Platform (Phase 3)’ to enable convenient data use for Seoul citizens and is building a public AI service for citizens. Through this project, the first ultra-large AI (language model)-based citizen search service in a local government is being provided on the Seoul Open Data Plaza website.