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POSCO Holdings Inc. released Exhibit 99.1 containing the independent auditor’s report on its consolidated financial statements for the years ended December 31, 2025 and 2024, issuing an unqualified opinion that they present fairly under KIFRS. The report also provides an unqualified opinion on internal control over financial reporting as of December 31, 2025, and identifies three key audit matters.
Key Takeaways
1Unqualified audit opinion on consolidated financial statements for years ended December 31, 2025 and 2024.
2Financial statements present fairly the Group's financial position, performance, and cash flows under KIFRS.
3Unqualified opinion on internal control over financial reporting as of December 31, 2025.
4Key audit matter: Cut-off of export sales at POSCO.
5Key audit matter: Occurrence of overseas sales (three-country transactions) at POSCO International Corporation.
6Key audit matter: Estimation of total contract costs and percentage-of-completion for construction contracts at POSCO Eco & Challenge Co., Ltd., with revenue of W 5,547,561 million for 2025.