Lee Jae-shin Becomes Largest Shareholder After Previous Largest Shareholder's Margin Call; Retains 7.14% but Has Contract to Sell Entire Stake

As of the reporting obligation date 2026-05-15, Lee Jae-shin (former CEO) became the largest shareholder due to a decrease in the previous largest shareholder's stake from a margin call. Lee's own stake remains unchanged at 7.14% (2,324,140 shares).
On 2026-01-26, Lee Jae-shin entered into a stock purchase agreement with Daekwang Co. (seller: Lee, total 25 billion won). Under the agreement, 3,486,210 shares were to be delivered on 2026-02-11 and 2,324,140 shares on 2026-12-24. The current holding of 2,324,140 shares is scheduled to be fully sold on the final payment date.
Total outstanding shares: 32,552,861; market cap approx. 34.96 billion won.

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