Chairman Lee Jae-hyun Discloses 100% Ownership in Two Overseas Affiliates, No Impact on Shareholder Value

Lee Jae-hyun, the same person, holds 100% ownership in two overseas affiliates: I.A. Holdings Limited (British Virgin Islands) and LB International GmbH (Germany).
LB International GmbH has not issued shares, but the ownership percentage is recorded as 100%.
There are no direct or indirect investments by overseas affiliates into domestic affiliates, nor any circular investments.
This is a routine annual disclosure for large business groups and has no impact on shareholder value.
[AI Summary]This disclosure is a routine annual report confirming that Chairman Lee Jae-hyun holds 100% ownership in two overseas affiliates with no new capital raising or equity changes, thus neutral for stock price and shareholder value.