COWAY

At a Glance:
What makes a company a true global leader in creating healthy and sustainable home environments? Beyond the cutting-edge technologies and unparalleled service offerings, an unwavering foundation of corporate transparency, robust governance and a commitment to shared success lies at the heart of such a business.

Coway, globally renowned as the "Best Life Solution Company," is proof that exceptional products and consumer services go hand-in-hand with first-rate corporate management.   By accelerating its corporate value enhancement strategy, Coway is moving beyond mere earnings growth, firmly establishing itself as a premier model of Environmental, Social and Governance (ESG) leadership as the company actively solidifies its capital efficiency and shareholder-friendly policies.

Award-Winning Corporate Value
Last year, Coway unveiled its comprehensive corporate value enhancement plan, setting ambitious key performance indicators that include a 40% shareholder return rate, a highly efficient target capital structure (NetDebt/EBIT 2.5x) and sweeping advancements across its corporate governance. To further foster trust and transparency in this process, Coway voluntarily disclosed its corporate value enhancement implementation status earlier this year, setting a new standard for investor communications.

These proactive initiatives won notable acclaim this May, when the Korea Exchange selected Coway as a '2026 Outstanding Value-Up Company’. This recognition in the form of the reception of South Korea’s Chairman of the Financial Services Commission (FSC) Award serves to publicly validate Coway’s board-centric responsible management system and the proactive execution of its value-enhancing policies to date.
Accelerating Shareholder Returns
Coway's dedication to rewarding its shareholders has been made manifest across its sweeping policy upgrades, with the company doubling its total shareholder return rate target from 20% to 40%. Key actions include:
 
Board-Centric Governance and Unmatched Transparency
Coway's corporate value enhancement initiatives have not been designed as temporary measures. Instead, they represent a fundamental commitment to continuing innovation across corporate governance. The entire lifecycle of these initiatives, from planning through to execution and monitoring, is systematically driven by the company’s Board of Directors.

Through proactive discussions, the Coway Board has managed to optimize capital efficiency by establishing a target capital structure that secures both financial health and growth potential. To guarantee absolute fairness and transparency, the company also introduced a Senior Independent Director system and established an Internal Transaction Committee and a Compensation Committee, each composed entirely of three independent directors.

Management That Leads by Example
Responsible management starts from the very top, and so with this in mind, Coway CEO Jangwon Seo has been consistently demonstrating his unwavering confidence in the company’s mid-to-long-term growth by continuously acquiring company stock since taking office. Following purchases of 4,000 shares in 2023 and 2,000 shares in 2024, CEO Seo recently bought an additional 2,800 common shares on the open market, bringing his total holdings to 9,800 shares.

Furthermore, Coway is expanding its Investor Relations (IR) footprint globally. By increasing the availability of English-language disclosures, expanding Non-Deal Roadshows (NDR) to improve information accessibility for overseas investors and transparently sharing company progress through the CEO's Shareholder Letter, Coway is building a strong bridge of trust across both domestic and international markets.

"While continuing to achieve record-breaking performance based on our foundational excellence, we are dedicating company-wide efforts to enhance our corporate value by simultaneously elevating expanded shareholder returns and advanced corporate governance," stated a Coway official. "Moving forward, grounded in the responsible management of the Board of Directors and the executive team, we will continue to refine our shareholder-friendly management to further build the foundation for sustainable growth and enhanced shareholder value."

For additional details about Coway's financial performance, please visit the company's Investor Relations page.

About Coway Co., Ltd.
Established in Korea in 1989, Coway (KRX: 021240), the "Best Life Solution Company," is a leading global innovator dedicated to enhancing everyday life through state-of-the-art environmental home appliances and premium wellness solutions. Renowned for its industry-leading water purifiers, air purifiers, and bidets, Coway expands its premium sleep and wellness brand, BEREX, to advance the global lifestyle sector with smart mattresses and advanced massage chairs. Driven by intensive research and award-winning engineering, Coway continues to accelerate its business across major markets, including Malaysia, the USA, Thailand, China, Indonesia, Vietnam, and Europe. For more information, please visit http://www.coway.com/ or http://newsroom.coway.com.