Free Allocation Increases Largest Shareholder Stake from 36.59% to 37.40%

DEVICE doubled its total outstanding shares from 7,036,609 to 13,770,060 through a free allocation.
Largest shareholder Bongjin Choi and 10 specially related parties received free shares, increasing their holdings from 2,575,230 to 5,150,460 shares; the ownership ratio slightly rose from 36.59% to 37.40%.
Stock option quantities were proportionally adjusted to a total of 420,000 shares (potential shares).
Existing share pledge agreement (Hana Bank, 500,000 shares, KRW 2 billion) remains but the collateral ratio is adjusted.
This filing is a change report for large shareholding with intent to influence management; no further management change plans are disclosed.

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