K Wave Media Ltd. Enters into Supply and Distribution Agreement with HYBE Co., Ltd.

K Wave Media Ltd. (the "Company"), through its wholly owned subsidiary Play Company Co., Ltd. ("Play"), has entered into a Supply and Distribution Agreement with HYBE Co., Ltd. ("HYBE"). The agreement grants Play the worldwide priority right to purchase and distribute video publications and printed materials, including photobooks, DVDs, concert merchandise, and digital codes, produced by HYBE. These products relate to concerts of musical groups BTS, Seventeen, Tomorrow X Together, and LE SSERAFIM. Play will manage the purchase, distribution, and sale of these products at its own cost and risk through both online and offline channels. The agreement has a term of one year, commencing from April 3, 2026, and can be extended by mutual agreement. Termination is possible in cases of insolvency or material breach by either party. The agreement includes customary indemnification obligations.