CJ ENM : Forecast on Business Performance according to Consolidated Financial Statements(Fair Disclosure)

Report of Disclosure Revision

Revision Date

2022-08-04

1. Disclosure Documents in relation with Revision	Forecast on Business Performance according to Consolidated Financial Statements(Fair Disclosure)
2. Submission date of documents	2022-02-10
3. Reason for Revision	Addition of subsidiaries to be consolidated
4. Revised Information
information	before revision	after revision
1. Details of forecasted Information	Sales Amount : W4,300bn Operating Income : W270bn	Sales Amount : W4,800bn Operating Income : W270bn

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Forecast on Business Performance according to Consolidated Financial Statements(Fair Disclosure)

※ The followings are the estimates, not final figures.
1. Details of forecasted Information
Classification(unit : bil. KRW)	2022	Fiscal Year	2023	Fiscal Year	2024	Fiscal Year
Forecast Period	From	2022-01-01	-	-
To	2022-12-31	-	-
Sales Amount	4,800	-	-
Operating Income	270	-	-
Profit from continuing operation before corporate income tax	-	-	-
Net Income	-	-	-
-	-	-	-
2. Basis for Forecast or Estimation	- Industry forecasts - Internal business projections
3. Details of Information Released	Information Provider	IR Department
Information Recipients	Domestic/foreign shareholders, analysts, proxy advisors, and others
Date & Time of Information Released	2:00pm(KST) August 4, 2022
Title and Place of Event held	2Q22 CJ ENM Earnings Release Event (Conference call, real-time internet access)
4. Contact Points	Disclosure Officer (tel.)	Chunkyu Park ([phone])
Disclosure Staff (tel.)	Kay Choi ([phone])
Dept. Name (tel.)	IR Department ([phone])
5. Other references concerning investment decisions
1. The disclosure is revised to take into account the consolidation of revenues and operating profits of Endeavor Content, acquired on January 19th, 2022. 2. Above-mentioned earnings and industry forecasts are projected based on our management's strategies, investment plans, and business environment. 3. The forecasts herein are forward-looking, and by their nature, involve risks and uncertainties. Thus, actual results may differ from those expressed in this disclosure, depending on factors including macro-economic conditions and business environment. 4. CJ ENM is to set about KRW 860bn for its content production budget for FY2022, and forcasted EBITDA is KRW 885bn. 5. Related IR materials will be uploaded on our website(www.cjenm.com) following the fair disclosure.
※Title and date of other disclosure related to this one	2022-02-10 Forecast on Business Performance according to Consolidated Financial Statements(Fair Disclosure)