Celltrion Decides on First Share Buyback of the Year Worth 100 Billion KRW

Acquisition to Be Made Through On-Market Purchases Starting from the 20th

Celltrion announced on the 19th that it has decided to repurchase its own shares worth 100 billion KRW, marking the first share buyback of the year.

Celltrion continuously pursues share buybacks to ensure that its corporate value is properly evaluated in the market and to protect shareholder interests. In particular, this decision reflects the company's commitment to actively implement shareholder return policies from the beginning of the year, making it significant as the first share buyback decision of the year.

The total number of shares to be repurchased this time is 554,632 shares, with an estimated acquisition amount of approximately 100 billion KRW. The share repurchase will be conducted through on-market purchases starting from the 20th.

Last year, the Celltrion Group repurchased about 2,940,778 shares, completing a total share acquisition worth 534.6 billion KRW. Through this, the company has continuously pursued shareholder-friendly policies, and including this repurchase, the scale of share buybacks is expected to further expand in recent years.

Additionally, Celltrion plans to pay a simultaneous cash and stock dividend, which was resolved at the board meeting in December last year, after approval at the regular shareholders' meeting in March. The cash dividend per common share will be 750 KRW, totaling approximately 153.7 billion KRW, and the stock dividend will be 0.05 shares per common share, totaling about 10.25 million shares. This stock dividend is being implemented for the first time in two years, and the scale of this dividend is expected to be the largest ever.

A Celltrion representative stated, "The company prioritizes enhancing shareholder value alongside growth, and as promised to our shareholders, we plan to continue policies to enhance shareholder value until the market stabilizes. We will also do our best to grow earnings and corporate value through expanding global market share of existing products and launching new products, becoming a company that grows continuously with our shareholders."

Meanwhile, Celltrion completed the cancellation of 3,011,910 treasury shares (approximately 553.3 billion KRW), which was resolved at the board meeting at the end of last year, on the 6th of last month.