Major Shareholder's Stake Slightly Decreases and New 1.5B KRW Share Pledge Loan Signed; Management Control Remains Stable at 45.45%

The stake of major shareholder Park Jeong-seop and his related parties decreased by 0.47% (194,633 shares) to 45.45%, due to market sales by related party Park Jae-hee.
Major shareholder Park Jeong-seop newly pledged 1,960,000 shares (4.72%) to Korea Securities Finance for a 1.5 billion KRW loan (6 months, interest 5.05%, collateral maintenance ratio 150%).
Related party Park Jae-han's existing pledge (Hana Securities, 1 billion KRW) was extended by 1 month, increasing total pledged shares to 2,875,336 (6.93%).
The pledge loans are for personal funding purposes and do not directly affect management control, but there is a risk of forced sale if margin calls are triggered.
[AI Summary]This disclosure reports a slight reduction in major shareholder's stake and new large-scale share pledges. While it may create negative sentiment in the short term, management control remains stable at 45%. However, the pledge amount of 2.5 billion KRW poses potential forced liquidation risk if collateral maintenance ratios are breached, warranting investor caution.