[Hantop] EGM Convened for Share Consolidation and Treasury Stock Disposal

Extraordinary General Meeting (EGM) convened on May 21, 2026: three agenda items including amendments to articles (share consolidation, treasury stock disposal), approval of share consolidation, and approval of treasury stock disposal plan.
Share consolidation: par value from KRW 500 to KRW 2,500 (1:5 ratio); total shares reduce from 32,316,799 to 6,463,359; capital decrease of KRW 2,000 due to fractional shares.
Treasury stock disposal: sell all 1,300,000 treasury shares (approx. 4.02% of issued shares) via on-market direct sale to secure internal operating funds; disposal deadline by March 2027 AGM.
Articles amendment: add management purposes (e.g., new technology, financial structure improvement) as reasons for treasury stock disposal; reflect share consolidation and add supplementary provisions.
Outside directors: Kim Jae-soo and Park Chan-hyuk attended all 7 board meetings (100% attendance) and voted in favor; total compensation KRW 35 million (KRW 17.5 million each).
Among consolidated subsidiaries, KI Works (medical devices) and Cheongrim Farm (poultry) reported no sales for the past several years.

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