Executive Vice President Choi Min-ho Acquires 10,447 Stock Purchase Rights in TLB Rights Offering, Slightly Increasing Stake

Non-registered Executive Vice President Choi Min-ho participated in TLB's rights offering and was allocated 10,447 stock purchase rights, while his common shares remained unchanged at 49,000 shares.
The acquisition increased his ownership of specific securities from 0.50% to 0.60%, a 0.10%p rise. However, given the small scale relative to total shares outstanding, the impact on existing shareholder value is limited.
These rights may be converted into common shares in the future, but no dilution occurs at this stage. No treasury share acquisition or cancellation was reported in connection with this disclosure.
[AI Summary]The insider's minor participation in the rights offering slightly increased his stake but does not materially affect the company's financial position or governance. The impact on shareholder value is neutral.