Stock Consolidation Decision
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Decision to consolidate shares to maintain appropriate number of outstanding shares (not a capital reduction)
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Par value changes from 500 KRW to 2,500 KRW; total shares decrease from 86,375,184 to 17,275,036
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Capital decreases by 2,000 KRW due to fractional share treatment (from 43,187,592,000 KRW to 43,187,590,000 KRW)
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Cash payment planned for fractional shares based on closing price on the first listing day of new shares
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Board resolution date: 2026-05-11; all 2 outside directors attended
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Shareholder meeting scheduled: 2026-06-19; effective date of new shares: 2026-07-07; listing date: 2026-07-28
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Subject to change based on shareholder meeting results and regulatory consultations
KOSPI Filing Information
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Filing: Stock Merger Decision
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Company: KR MOTORS (000040)
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Submission: KR MOTORS CO., LTD
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Receipt: 05-11-2026
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Under KRX KOSPI Market Division