Material Business Matters Related to Investment Decisions
1. Title Selected as construction contractor for Suseong District 1 Redevelopment Project
2. Details - The Company has been selected as the contractor for the "Suseong District 1 Redevelopment Project".

- Date of Selection: Feb 27, 2022 (Sun)

- 1,901 households of multifamily housing properties with 3 below-ground floors and 30 above-ground floors, and annex welfare facilities
(Location: Area at 641-19, Suseong-dong 1-ga, Suseong-gu, Daegu)

- Estimated construction cost: KRW 618.3 billion (excluding VAT)
※ Ratio to Sales of the latest fiscal year (KRW 8,737,147,000,000) : 7.08%

- Construction period: 30 months from the commencement of construction
3. Date of board resolution (decision date) or confirmation date 2022-03-02
- Attendance of outside directors Present(No.) -
Absent(No.) -
- Attendance of auditors (members of Audit Committee who are not outside directors) -
4. Other matters to be factored into investment decisions
- The Sales of the latest fiscal year in "2. Details" corresponds to that of the construction business division among the consolidated sales of the latest business year of Daelim Industrial Co., Ltd. before the spin-off. (DL E&C Co., Ltd. was established on January 4, 2021 by spin-off from Daelim Industrial Co., Ltd.)

- "3. confirmation date" above is the date on which the official notice of contractor selection was received.

- The details above are subject to change depending on the progress of the project.

- A redisclosure will be made of the confirmed details upon the conclusion of this contract.
※ Related disclosure -

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DL E&C Co. Ltd. published this content on 03 March 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 03 March 2022 08:39:06 UTC.