[Literal Translation] IZONE's activity income, the company's position on "investors".

● CJ ENM, the operator of the "PRODUCE Series" Mnet, hold an investment relationship today.

● The CEO explained the status of the company in various materials.

● A sudden question from an investor. "Can I think that IZONE's activity revenue is 0 won?"



* Hereafter, the company's official answer, Literal Translation.



● We established a fund to grow K-POP as mentioned in the apology interview at the end of last year. ‬

‪ ● In January, we subsidized a 25.3 billion won (about 22 million US Dollars) fund. Under discussion to subsidize an additional fund of about 3 to 5 billion won.

‪ In the case of IZONE, the album will be released on the 17th. Not only regular activities in Korea but also activities in Japan will be sustainable, and I hope that this activity will be a turning point for IZONE activities. ‬