CEO Choi Ho-hyeong Increases Holdings by 165,562 Shares via Convertible Bond Call Option Exercise

Co-CEO Choi Ho-hyeong was designated on June 17, 2026 as the party to exercise Daesung Hi-Tech's call option on convertible bonds, initially acquiring 171,549 other securities. On June 18, the conversion price was adjusted from 3,789 won to 3,926 won, reducing the holding by 5,987 shares, resulting in a net increase of 165,562 shares.
As a result, CEO Choi's total specific securities ownership ratio decreased from 18.52% to 15.23%, partly due to an increase in total outstanding shares from 16,248,696 to 17,603,403. His common stock holdings remain unchanged at 2,540,205 shares.
The upward conversion price adjustment slightly reduces potential dilution for existing shareholders. However, if the convertible bonds are converted into common stock, the increase in circulating shares could exert downward pressure on the stock price. This event does not directly impact the company's capital structure or growth strategy.
This filing is a routine insider ownership disclosure with no associated capital-raising purpose or new business plans. The financial impact related to the convertible bonds is limited.
[AI Summary]CEO Choi Ho-hyeong's exercise of the CB call option is small in scale with minimal change in overall stake, and the conversion price adjustment partially alleviates dilution concerns. Direct short-term impact on the stock price is limited, and investors should view this as part of routine asset management rather than an indication of increased management involvement.