CPNG 8-K: Smart Summary

On June 10, 2026, South Korea's Personal Information Protection Commission (PIPC) announced two separate administrative fines totaling approximately $410M against Coupang, Inc.'s Korean subsidiary, Coupang Corp., which will be recognized in Q2 2026 operating results. Coupang Corp. plans to vigorously pursue judicial relief in the Seoul Administrative Court.

• PIPC announced an administrative fine of approximately $278M against Coupang Corp. related to the previously disclosed November 2025 data incident
• PIPC announced a separate administrative fine of approximately $132M related to alleged violations of the Korean Personal Information Protection Act in connection with the collection and storage of data related to a third-party advertising program
• Combined estimated administrative fines total approximately $410M, to be recognized in Q2 2026 operating results within operating, general and administrative expenses
• PIPC also directed Coupang Corp. to take certain corrective actions related to these matters
• Final fine amounts, findings, and corrective measures may differ from the PIPC's announcement once formal written decisions are issued
• Payments of fines are not automatically stayed during appeal and are not deductible for income tax purposes; Coupang Corp. will pursue judicial relief in the Seoul Administrative Court