Acquisition of 49% Stake in Subsidiary (REIT) Worth KRW 21.1B for Banpo-dong Land Development

DS DANSUK decided to acquire 49.07% stake in Blackboard RE No.2 General Private Real Estate Investment Trust (newly established) for KRW 21.1 billion
Purpose: joint development of land in Banpo-dong, Seocho-gu, Seoul, which was won at auction in February 2026
Acquisition amount of KRW 21.1 billion corresponds to 7.81% of DS DANSUK's equity (KRW 270.3 billion)
Put/call options exercisable on remaining interest upon fund maturity or completion of facility use approval
Issuer's capital is KRW 43 billion; DS DANSUK plans cash acquisition (expected date: 2026-06-02)

Filing: Decision on Acquisition of Stocks and Investment Securities of Other Corporations
Company: DS DANSUK (017860)
Submission: DS DANSUK CO., LTD.
Receipt: 05-22-2026
Under KRX KOSPI Market Division