STATEMENT BY MIN HEEJIN'S PR COMPANY

Hello,

This is Macol Consulting Group, working alongside Sejong Law Firm, representing former ADOR CEO Min Hee-jin.

We would like to clarify our position regarding the ADOR board of directors' response to the unfairness of the production delegation contract.

• Regarding the claim that the contract was issued for the remaining term because the executive director's tenure lasts until November 1:

The term of the executive director and the responsibilities of a producer are entirely separate matters. A producer can fulfill their duties without being an executive director, as the roles are fundamentally different. Therefore, it is illogical to link the two. CEO Kim Joo-young, an expert in HR, is surely aware of this, making this explanation seem like a weak excuse, lacking a solid basis. The executive director's term should be extended in accordance with the shareholder agreement, ensuring a total of five years.

• Regarding the claim that the termination clause is standard:

The delegation of duties contract proposed by ADOR’s board of directors contains numerous clauses that allow for unilateral termination of the contract without clear criteria or justification. Such clauses are absent from other contracts signed by ADOR or HYBE. This is an unfair contract that permits ADOR (HYBE) to arbitrarily shorten even the minimal two-month contract period. It is well understood that contracts should be established through mutual agreement.

• Regarding the claim that any disagreements about the contract should have been discussed with the ADOR board of directors, rather than being made public:

It was HYBE that initially released information to the press without any prior consultation, manipulating the media narrative. The ADOR board of directors (HYBE) demanded that I sign the contract within three days, without any discussion about the production duties or any proposal for a negotiation deadline. The ADOR board of directors (HYBE) made no effort to negotiate with the contracting parties. Since the outset, HYBE has raised issues through the media rather than through direct discussions, prompting us to disclose the facts preemptively to avoid a similar attack this time.

• Other questionable clauses:

There are also numerous clauses that seem intentionally designed to impose unfair conditions, such as those stating, "The ADOR board of directors can assign you additional roles beyond your duties as a producer," and others grouped under "profit-making activities," which actually restrict broadcasting, promotions, lectures, and similar activities.

If I do not sign the contract, they will likely publicize my refusal to produce; if I sign despite these unreasonable terms, they may claim I breached the contract based on these unfair clauses or harass me for signing under such conditions. This constitutes another attempt to impose an unfair contract, following the unreasonable shareholder agreement. Therefore, I must inform you that I could not sign it.