Largest Shareholder DK Marine Extends Share Pledge Agreements... Stake Could Drop to 5.28% If Pledges Executed

Largest shareholder DK Marine (21.02% stake) pledged 6,290,419 shares (74.9% of its holdings) under 9 pledge agreements.
If all pledges are executed, its stake would drop to 5.28%, potentially losing controlling shareholder status.
Reason for correction: extension of existing contracts (NH Investment & Securities, SK Securities).
Debtor DK Marine's 2025 financials: assets 103.4B, liabilities 48.9B, equity 54.5B, net profit 0.678B.
Total borrowings: 9.68B KRW; total pledge amount: 14.31B KRW.

Filing: [Correction of Description] Execution of Stock Pledge Agreement Involving Change of Largest Shareholder
Company: M2N (033310)
Submission: M2N Co.,Ltd
Receipt: 05-15-2026
Under KRX KOSDAQ Market Division