Slides
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FY2026 3Q Earnings Results
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Disclaimer Financial information contained in this document represent potential consolidated and separate financial statements based on K-IFRS accounting standards. This document is provided for the convenience of investors; an external review on our financial results are yet to be completed. Certain part or parts of this document are subject to change following review by an independent auditor. Any information contained herein should not be utilized for any legal purposes in regards to investors‘ investment results. The company hereby expressly disclaims any and all liabilities for any loss or damage resulting from the investors‘ reliance on the information contained herein. The information, data etc. contained in this document are current and applicable only as of the date of its creation. The company is not responsible for providing updates contained in this document in light of new information or future changes.
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Contents 01 3Q26 Earnings Summary 02 Merchandise Highlights 03 KATSEYE Highlights 04 Weverse 05 Financial Summary
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(Unit : KRW mn) FY2025 Q3 FY2026 Q2 FY2026 Q3 QoQ YoY Revenue 727,181 1,449,998 1,525,675 +5.2% +109.8% Artist Direct-involvement 477,392 1,039,880 1,075,253 +3.4% +125.2% Recorded Music 189,836 326,793 282,844 -13.4% +49.0% Concerts 244,986 647,699 726,785 +12.2% +196.7% Ads & Appearances 42,571 65,388 65,623 +0.4% +54.2% Artist Indirect-involvement 249,788 410,117 450,422 +9.8% +80.3% Merchandising & Licensing 168,347 310,592 334,551 +7.7% +98.7% Contents 46,826 41,639 56,736 +36.3% +21.2% Fan Clubs, etc 34,615 57,886 59,136 +2.2% +70.8% Operating Expense 769,379 1,279,073 1,337,173 +4.5% +73.8% Operating Profit (42,198) 170,925 188,502 +10.3% Turned to Profit Operating Profit Margin(%) (5.8%) 11.8% 12.4% +0.6%p NM Net Profit (52,033) 109,765 11,326 -89.7% Turned to Profit 3Q26 Earnings Summary Revenue KRW 1tn 525.7bn QoQ +5.2% YoY +109.8% Operating Profit KRW 188.5bn QoQ +10.3% YoY Turned to Profit
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Merchandise Highlights BTS ARIRANG North America Tour MD Highlights 12 Cities 45 Sales Days 31 Shows 15 Booths per venue Enhanced Purchasing Experience Expansion of Sales Channels Integration of Operation Experiences Artist MD Pipeline Expansion New Business Models Conventional Channels Merch Booths Weverse Pickup System RFID Payment 1M Fans 2M Units Sold Pre-order and On-site Pickup Queue-free Purchases MD Business Strategy Robust MD strategy and expanded product offering through Fan/Product/Market insights * Based on BTS ARIRANG North America Tour from April to November 2026
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KATSEYE Highlights CONCERTS STREAMING * Source: Luminate Quarterly Streaming Statistics 1Q26 2Q26 3Q26 1,000M 2,000M 1,500M 2,500M 500M All Three Albums Charted in Billboard 200 Simultaneously Following the Release of ‘WILD’ SIS(2024) BEAUTIFUL CHAOS(2025) WILD(2026) ALBUM 34M+ Spotify Monthly Listeners #1 Billboard 200 (Week of Aug 29) 9 Consecutive Weeks In - chart 147M+ ‘Animal’ YouTube Viewership THE WILD WORLD TOUR 2026 • EU/NA Arena Tour of 31 Shows in 27 Cities • 11 Additional Shows Confirimed in 2027 for Asia and AUS/NZ • Headliner for Lollapalooza India 2027 Songs Released in 2026 52% Catalog Songs 48% 3 rd EP ‘WILD’ (26.08.14)
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Weverse 9.7 9.4 10.0 10.9 11.6 11.2 13.4 14.4 14.2 MAU (Unit : mn) ARPPU Trend Paying Amount Trend
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Consolidated Income Statement Consolidated Balance Sheet (Unit: KRW mn) FY2024 FY2025 3Q26 Current Assets 1,787,699 2,363,994 2,633,176 Non-current Assets 3,691,488 3,121,481 3,115,073 Total Assets 5,479,187 5,485,474 5,748,249 Current Liabilities 830,932 734,356 1,380,425 Non-current Liabilities 1,134,476 1,199,662 843,347 Total Liabilities 1,965,408 1,934,018 2,223,772 Paid-in Capital 20,826 21,305 21,553 Add. Paid-in Capital 1,522,336 1,736,715 1,850,185 Other Components of Equity 270,891 344,286 281,465 Retained Earnings 1,400,600 1,154,721 1,070,237 Non-controlling Interests 299,126 294,430 301,037 Total Equity 3,513,779 3,551,456 3,524,477 (Unit: KRW mn) 3Q25 4Q25 1Q26 2Q26 3Q26 Revenue 727,181 716,427 698,348 1,449,998 1,525,675 COGS 525,557 484,639 399,647 988,572 1,062,685 Gross Margin 201,624 231,788 298,701 461,425 462,990 SG&A 243,822 227,814 495,276 290,501 274,488 Labor Cost 103,017 113,621 376,798 155,756 157,684 Logistics Cost 11,404 11,613 19,949 21,735 15,964 Dep. & Amortization 17,865 18,856 17,538 16,939 16,807 Rent/Upkeep 15,003 13,524 15,490 15,428 15,463 Outsourcing/Fees 76,290 49,883 50,720 57,967 55,725 Other Costs 20,244 20,316 14,782 22,675 12,846 Operating Profit -42,198 3,975 -196,575 170,925 188,502 Margin(%) -5.8% 0.6% -28.1% 11.8% 12.4% Non-operating Income 34,390 45,161 101,061 37,436 -5,740 Non-operating Expenses 22,132 308,075 37,094 43,689 142,820 Profit before Income Tax -29,940 -258,940 -132,607 164,671 39,942 Income Tax 22,093 13,261 24,063 54,906 28,616 Net Profit -52,033 -272,201 -156,670 109,765 11,326 Controlling Interest -50,269 -265,244 -158,481 102,324 -6,840 Non-controlling Interest -1,763 -6,956 1,811 7,441 18,166 Adj. Operating Profit* -42,198 3,975 58,455 170,925 188,502 * Adjusted to exclude KRW 255bn in stock based compensation expenses during 1Q26 Financial Statements