Completion of 260,000 Treasury Share Cancellation, Total Outstanding Shares Reduced to 15,442,890

Samhyun Steel completed the cancellation of 260,000 treasury shares on May 20, 2026, reducing total outstanding shares from 15,702,890 to 15,442,890
The cancellation was free of charge, resulting in an increase in existing shareholders' ownership percentage and per-share value
The number of shares held by the reporter Jo Su-ik and his special relations remained unchanged, but their ownership ratio decreased slightly from 60.18% to 59.51% due to the reduction in total shares
No change in control; Jo Su-ik continues to be the largest shareholder

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