LOTTE TOUR DEVELOPMENT CEO Kim Han-jun Recovers 1.7 Million Pledged Shares After Repaying Repurchase Agreement Loan, Boosting Ownership to 13.17%

LOTTE TOUR DEVELOPMENT CEO Kim Han-jun repaid a loan under a repurchase agreement with Equities First Holdings Korea LLC and recovered 1.7 million common shares previously pledged as collateral.
As a result, Kim's total holdings of specific securities increased to 10.5 million shares, raising his ownership ratio from 11.06% to 13.17% of total outstanding shares.
The recovered shares involve no new issuance or cash outflow, simply a release of existing collateral, causing zero dilution for existing shareholders.
[AI Summary]The CEO's voluntary pledge release and increased stake signal strengthened alignment with shareholders and reduced personal financial risk, contributing to improved governance stability.