Dear Life to increase board of directors to 15 members

Dear Life announced on November 21, 2025, that its board of directors has approved a proposal to amend the company's articles of incorporation. This amendment, slated for discussion at the 21st Ordinary General Meeting of Shareholders on December 23, 2025, primarily involves an increase in the maximum number of directors.

The company plans to raise the upper limit for directors from the current 12 to 15, an increase of three members. This change is driven by the aim to enhance the management and oversight structure, accommodate business expansion and diversification, and further strengthen corporate governance in anticipation of sustained group growth.

The amendment is expected to become effective on December 23, 2025, following shareholder approval.