Wing Yip Food Holdings Group Limited Share Consolidation

Wing Yip Food Holdings Group Limited announced a 4-for-1 share consolidation, approved by the board on March 30, 2026. This consolidation is expected to take effect on May 8, 2026, pending shareholder approval at the April 22, 2026 meeting and Nasdaq approval. The purpose is to stabilize share circulation and enhance corporate value. Each four existing ordinary shares will be combined into one. The company will issue new shares with a value of 5,437 KRW each, resulting in a total of 12,582,732 ordinary shares. Trading will be halted from May 6, 2026, to June 1, 2026, with new shares listed on June 2, 2026. Fractional shares will be settled in cash based on the closing price of the new shares' listing day.