Decision to Cancel Treasury Shares for Shareholder Value Enhancement
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Purpose: Cancel previously acquired treasury shares (fractional shares from stock dividend) to enhance shareholder value.
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Scale: 8,980 common shares and 5 preferred shares (total 8,985 shares), cancellation amount approx. 133 million won (par value 500 won).
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Proportion: 0.014% of total 64,237,450 common shares, no reduction in capital.
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Timeline: Board resolution 2026-05-13, cancellation date 2026-05-22.
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Other: All outside directors attended, not subject to fair trade report.
KOSDAQ Filing Information
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Filing: Decision on Retirement of Shares
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Company: GI Innovation (358570)
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Submission: GI Innovation Inc.
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Receipt: 05-13-2026
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Under KRX KOSDAQ Market Division