ELC, 700,000 Shares Gifted Among Largest Shareholder's Special Relations and 26,000 Shares Pledged as Tax Collateral

The reporting party is the largest shareholder Kim Jung-heon and 6 other special relations, holding 46.72% (5,693,994 shares) unchanged
Special relation Lee Geun-young gifted 700,000 shares (5.74%) to Kim Seong-ik, Kim Jeong-seon, and Kim Jeong-gyeong
After the gift, Lee Geun-young's stake decreased to 2.46%, while recipients increased to 17.97%, 5.25%, and 1.89% respectively
As collateral for gift tax installment payments, 13,000 shares each (total 26,000 shares, 0.21%) in the names of special relations Kim Ki-hyun and Lee Ju-eun were deposited with the court
The above gift is a reallocation of stakes among special relations, no change in control