Largest Shareholder Stake Plunges from 42.83% to 25.97% Due to Increase in Total Shares Outstanding

Largest shareholder Seokhwan Yoo's stake decreased from 42.83% to 25.97%, a drop of 16.86 percentage points
The drop is due to an increase in total shares outstanding from 9,669,449 to 15,873,789, an addition of 6,204,340 shares
Shares held slightly decreased from 4,141,574 to 4,122,124, a reduction of 19,450 shares
Changes in related parties: Kim Jaeyoon removed due to resignation, Jeong Cheolhwa added as new outside director
The reporter holds shares as the largest shareholder with the purpose of influencing management

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