RAON

(Seoul, April 29, 2026) RaonSecure, an AI security and authentication platform company (Co-CEOs Soonhyung Lee and Junga Lee, 042510), announced on the 29th that it will cancel 99,346 treasury shares worth approximately KRW 1.24 billion.

This share cancellation aims to enhance per-share value by reducing the total number of outstanding shares, while reinforcing corporate value and shareholder return policies.

As the company transitions to a platform-centric business structure and strengthens its recurring revenue base, demand for security and authentication solutions is expanding due to factors such as government mandates for multi-factor authentication (MFA), the legalization of mobile ID systems, and the transition to post-quantum cryptography (PQC). This has driven RaonSecure into a structural growth phase, with the company achieving its highest revenue since inception and maintaining solid performance.

The company also plans to further solidify its technology leadership by focusing on key areas such as Agentic AI-based security automation platforms, post-quantum cryptography (PQC), and digital ID-based authentication, proactively responding to next-generation security and authentication demands.

In the global market, RaonSecure has secured over 10 million monthly active users (MAU) for its biometric authentication platform in Japan and is expanding digital authentication opportunities across Southeast Asia and Latin America, demonstrating strong growth momentum.

A RaonSecure official stated, “This share cancellation is part of our value-up strategy to enhance shareholder value and strengthen market trust. We will continue to increase corporate value and pursue sustainable growth together with our shareholders based on stable business performance and growth strategies.”