Extension of Stock Pledge Agreement Involving Risk of Largest Shareholder Change

DK Marine (largest shareholder, 21.02% stake) pledges 6,290,419 shares (74.9% of holdings) under 9 contracts (operating funds ~9.68B won).
Full execution of pledges would reduce stake to 5.28%, risking loss of controlling shareholder status.
This filing is an extension of existing contracts (e.g., LS Securities), not new borrowing.
Debtor DK Marine's 2025 financials: assets 103.4B, liabilities 49.0B, equity 54.5B, net income 0.678B won.
Total collateral amount 14.31B won, total borrowing 9.68B won.

04-30-2026
[Correction of Description] Execution of Stock Pledge Agreement Involving Change of Largest Shareholder
Company: M2N (033310)
Submission: M2N Co.,Ltd
Under KRX KOSDAQ Market Division