Submission of Large Shareholding Report - Details of Pledge Agreements and Loans
The reporting person provided shares as collateral, including new shares acquired through the issuer's rights offering, and executed loans of USD 13,620,000 and USD 2,380,000 from KAGAMA Family Investments, LP (applied exchange rate of 1,384.40 KRW/USD as of Oct 28, 2024).
The pledge agreement runs until April 27, 2026; escrowed shares are not pledged, only disposable shares are provided as collateral.
For the USD 13,620,000 loan, an annual interest rate of 23% applies from Feb 28, 2026 to maturity (2 months), adjusted from the original simple interest of 15% to a compound basis, not exceeding the maximum rate under the Interest Limitation Act.
The number of pledged shares changed due to the reflection of the stock dividend.