Blue Industrial Development, 14.7M Shares Third-Party Allocation to Affiliate KBB Union

Method: Third-party allocation to KBB Union (affiliate)
New shares: 14,703,926 common shares (13,572,855 + 1,131,071)
Issue price: 10% discount to base price, at least par value (exact figure not disclosed)
Purpose and amount: Operating funds approx. KRW 13.6 billion (6.8B + 6.8B)
Payment date: May 11, 2026; lock-up period: 1 year
Pre-issue total shares: 56,975,588 common shares
Dilution: New shares represent ~20.5% of post-issue total; existing shareholders diluted
Possible change of controlling shareholder stated
This is a correction filed on May 8, 2026, to the original filing on Nov 20, 2025

Filing: [Correction of Description] Report on Major Events (Decision on Paid-in Capital Increase)
Company: Blue Industrial Development (006740)
Submission: Blue Industrial Development Co., Ltd.
Receipt: 05-11-2026