Decision to Dispose 123 Treasury Shares for Retirement Incentive
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Purpose: Provide retirement incentive (in-kind payment to retiree Park Jae-wook based on years of service)
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Scale: 123 common shares (0.001% of total issued shares 11,000,000), negligible dilution effect via off-market transaction
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Price: Based on closing price on the day before board resolution (2026.05.15), actual amount subject to change
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Method: In-kind transfer from treasury account to retiree (off-market disposal)
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Other: Counterparty Kim Kyung-min has no special relationship with the company or major shareholder
KOSDAQ Filing Information
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Filing: Current Report (Decision on Disposal of Treasury Shares)
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Company: Korean Drug (014570)
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Submission: Korean Drug Co., Ltd.
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Receipt: 05-18-2026