KRAFTON's largest shareholder Jang Byeong-gyu maintains 38.13% stake with minimal changes due to special relationship dissolution and open market purchases
KRAFTON's largest shareholder Jang Byeong-gyu held 17,961,375 shares as of June 11, 2026, a decrease of 387 shares from the previous report, but the holding ratio remained unchanged at 38.13 percent.
The change was due to the dissolution of a special relationship with Yoo Jae-young reducing 565 shares, while Song Richard Kyong Chan acquired 178 shares through open market purchases, resulting in a negligible net decrease.
The shareholder agreement between Jang and IMAGE FRAME INVESTMENT HK LIMITED remains effective, maintaining governance stability with tag-along rights and other control mechanisms.
This filing is a routine disclosure with no capital changes or new funding, thus no material impact on existing shareholder value.
[AI Summary]KRAFTON's largest shareholder stake remains stable at 38.13 percent; the minor fluctuation stems from a special relationship dissolution and a small open market purchase. Governance stability is preserved through the ongoing joint holding agreement with Tencent-affiliated IMAGE FRAME, with no dilution or dividend changes detected.