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Hello, this is Minji, Hanni, Danielle, Haerin, and Hyein.
As of November 29, 2024, the five of us have terminated our exclusive contract with ADOR and will continue our activities independently, free from HYBE and ADOR.
ADOR, as the agency that signed an exclusive contract with us, has a duty to manage us diligently for our benefit. On November 13, 2024, we made a final request to ADOR to rectify their breaches of duty. The 14-day rectification period has passed, but ADOR refused to make any corrections, and none of the issues we raised were resolved.
Over the past few months, we have made several requests to ADOR for rectification. However, ADOR consistently responded with evasion and excuses. We want to make it clear that genuine communication based on mutual respect was not possible due to ADOR.
In our rectification requests, we demanded specific actions from ADOR. However, ADOR took no action to rectify the issues within business hours, making it physically impossible to address the issues within the remaining rectification period. Therefore, ADOR’s claim that we did not wait for their response before holding an yesterday press conference yesterday is nothing but wordplay.
We are notifying ADOR of the termination of our contract due to their breach of contractual obligations and failure to rectify the issues within the rectification period. This termination notice is in accordance with our exclusive contract, and all five of us have signed the termination document. The notice takes effect immediately upon its delivery to ADOR on November 29, 2024. From that moment, the exclusive contract is null and void. Therefore, there is no need to file for an injunction to terminate the contract, and we are free to continue our activities from November 29, 2024.
Additionally, we have faithfully fulfilled our contractual obligations as ADOR’s artists. The termination of the contract is solely due to ADOR’s breach of duty, and we are not liable for any penalties.
We do not wish for anyone to be harmed by the termination of our contract. We will diligently fulfill all contractual obligations made between ADOR and other parties before our contract termination.
Our decision was made after long and careful consideration. We can no longer remain with ADOR, which fails to fulfill its basic duty of protecting its artists, and maintaining the contract would only cause us severe mental distress. Thus, we have concluded that we must leave ADOR. Furthermore, we have been hurt and shocked by numerous amounts of media play based on false information. We hope that such situations will not occur after our contract termination.
We will continue to do our best to bring you great music. We would be thankful if you support and watch over the days ahead for the five of us.
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