SM Entertainment announced that Wendy and Yeri have chosen not to renew their contracts with the company but will remain part of Red Velvet. In their statement released on April 4, SM Entertainment confirmed that the contracts with Wendy and Yeri had ended and wished them the best for their future endeavors. Although the two artists are leaving SM Entertainment, they will continue to participate in Red Velvet’s group activities under the agency.

Both Wendy and Yeri personally reassured fans on Bubble about their commitment to the group despite parting ways with SM Entertainment. Yeri communicated with fans before the official announcement, while Wendy shared her message afterwards.

The sudden news surprised fans and Korean netizens, who expressed shock at the announcement. They commented on the unexpected nature of the decision and speculated on the future direction the artists might take. Fans showed support for the group's continued activities and expressed hope for their solo endeavors.