Major shareholder Jongju Lee's stake changes from 48.83% to 46.06% due to dissolution of special relationship

The holding ratio of filer Jongju Lee (largest shareholder) decreased by 2.77%p from 48.83% (6,337,839 shares) to 46.06% (5,978,139 shares)
The decrease is due to the termination of special relationship with SQ Accelerator Co., Ltd. upon expiration of joint ownership lock-up period and release of lock-up obligations
Lee's personal holding of 5,811,000 shares (44.77%) remains unchanged
This is a routine regulatory filing with no change in control or capital structure

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