Kim Nam-ho's Reporting Stake Decreases from 47.51% to 43.82% as 3 Special Relations Excluded (Court Suspends Affiliate Designation)
Change in stake: 95,577,106 shares (47.51%) → 88,144,690 shares (43.82%), decrease of 7,432,416 shares (3.69 percentage points).
Reason: Exclusion of three special relations: Samdongheungsan Co., Ltd., Biltech Co., Ltd., and Shin Hae-cheol, following a court decision suspending the effect of the affiliate designation.
All shares previously held by the excluded parties (7,432,416 shares) are removed from the reporting scope, resulting in a lower reported stake, but the total outstanding shares (201,173,933) remain unchanged.
Purpose of holding: To exercise influence over management as the largest shareholder; no specific plans at present.