Subsidiary Motrex EFM Acquires 62.23% Stake in Dooil for 145.2 Billion Won

Subsidiary Motrex EFM decided to acquire 17,844,966 shares (62.23% stake) of Dooil for 145.2 billion won in cash.
This represents 15.7% of Dooil's consolidated total assets (924.8 billion won); purpose is business synergy through management control.
Expected completion: 2026-07-31; Board resolution: 2026-04-30; Subject to Fair Trade Commission merger notification.
Sellers: IHC, Jo In-Hoe, Jo Seung-Hoe, Jeong Yong-Ja, Premier Growth Strategy M&A Private Equity Fund.
Acquisition amount exceeds subsidiary's total assets (84.8 billion won), so funding method is key.
Contract termination possible if government orders or legal violations occur.

Filing: Decision on Acquisition of Stocks and Investment Certificates of Other Corporations (Major Management Matters of Subsidiary)
Company: MOTREX (118990)
Submission: MOTREX CO., LTD
Receipt: 04-30-2026
Under KRX KOSDAQ Market Division