On April 4th, SM Entertainment officially announced that Wendy and Yeri will be parting ways with the company following the expiration of their exclusive contracts.

In a statement, SM shared, “We would like to inform you that our contracts with Wendy and Yeri have ended. We sincerely support their new beginnings.” The company added that while the two artists are leaving the agency, they will continue to participate in Red Velvet’s group activities under SM.

The agency stated, “We ask for your continued interest in Red Velvet’s journey, which will keep unfolding. We are deeply grateful for the love you’ve shown Wendy and Yeri and hope you will warmly support them in their next chapters.”

Wendy and Yeri debuted as members of Red Velvet in 2014 and 2015, respectively. Beyond group promotions, both have been active in various fields—Wendy as a solo vocalist and radio host, and Yeri as a songwriter, actress, and MC.

Previously, members Seulgi, Irene, and Joy renewed their contracts with SM, while news of Wendy and Yeri’s contract status had remained unclear—fueling speculation among fans in recent months.

As Wendy and Yeri embark on new individual paths, many fans are celebrating their contributions while expressing support for both their solo careers and continued activities with Red Velvet.

Here is an official statement from SM Entertainment :

Hello, this is SM Entertainment.

We would like to inform you that our exclusive contracts with Wendy and Yeri have come to an end.

Since their debut with Red Velvet, Wendy and Yeri have actively promoted not only as members of the group but also as solo artists in various fields. The time we have spent together with Wendy and Yeri has been a great source of happiness for us.

We will cherish every moment we have shared so far and sincerely support Wendy and Yeri in their new beginnings.

Additionally, Wendy and Yeri will continue to participate in Red Velvet’s group activities with us. We kindly ask for your continued interest in Red Velvet’s brilliant journey ahead.

We would like to express our heartfelt gratitude for the unwavering love and support you have shown Wendy and Yeri, and we hope you will warmly watch over and support them as they embark on new challenges in their respective paths.

Thank you.

SEE ALSO: K-netizens express surprise in response to Wendy and Yeri's departure from SM Entertainment