Largest Shareholder Sujong Kim's Stake Drops from 32.88% to 21.62% (Voting 18.13%) Due to Joint Ownership Termination, Acquires Call Options on 298,172 Shares

Largest shareholder Sujong Kim's total stake (voting + potential shares) decreased from 32.88% to 21.62% (voting stake from 32.63% to 18.13%)
Termination of joint ownership agreements with four entities (Kolon Glotech, Kolon Industries, Seabang, Staco) on July 2, 2025, resulted in a reduction of 1,084,712 shares
Kim acquired call options on 298,172 shares (2.71%) from convertible preferred shareholders on March 14, 2025, at a conversion price of KRW 20,525 per share
Minor increase from new registered director appointment (Kook Tae-seung) and stock option grants (Kim Chan-jung, Jeong Hoon, Kook Tae-seung) totaling 73,379 shares
Increase in total outstanding shares (from 9,375,694 to 10,907,554) causing additional dilution