Samsung Life Special Account Sells 27,000 Shares of Cheil Worldwide… Largest Shareholder Stake Dips to 28.35%, Limited Impact on Shareholder Value

Change Overview: Samsung Life Insurance Special Account net sold 27,042 common shares (0.03%↓) of Cheil Worldwide through open market trades from May 11 to 29, 2026, reducing its stake from 28.38% to 28.35%.
Reason for Change: The trades were routine portfolio adjustments by the special account, not related to management control changes or strategic purposes.
Ownership Status: Total stake of related parties, including the largest shareholder Samsung Electronics (25.24%), stands at 28.35% as of the report date. The minor change does not affect control.
Shareholder Impact Assessment: The sale amount is negligible (0.02% of market cap of ~2.1 trillion KRW), with virtually no impact on stock price or shareholder value. No investment risk or governance risk.
Dividend and Share Buyback: This disclosure does not include any dividend or share buyback/cancellation information; no such events exist.
[AI Comprehensive Analysis]This disclosure is a routine filing of a minor stake change by a related party of the largest shareholder. It has no bearing on corporate value or shareholder return policies, and is neutral for investment decisions.