Major Shareholder's Stake Drops to 52.25% Due to Convertible Bond Conversion and New Outside Director Appointment

Issuance of 441,566 new shares due to conversion of 3 billion won convertible bonds increased total outstanding shares to 10,997,910, reducing the stake of largest shareholder Jin Gi-su and related parties from 54.43% to 52.25%
New outside director Jang Seong-wan acquired 754 shares via open market purchase (unit price 12,231 won, self-funded 9,222,174 won) and was added as a specially related person
Reporting reason is change due to new officer appointment and exercise of conversion rights; no specific plans for management influence are stated

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