TMC Major Shareholder Pectus-JB Woori Fund No.1 Sells 1,000,000 Shares in Off-Hour Trade Reducing Stake from 13.95% to 9.80%

Pectus-JB Woori Fund No.1, a major shareholder of TMC, sold 1,000,000 common shares via an off-hour transaction on June 19, 2026 at a price of 18,420 KRW per share.
As a result, the fund's ownership in TMC decreased from 13.95% to 9.80%, a reduction of 4.15 percentage points, falling below the 10% major shareholder threshold.
This transaction is a secondary sale by an existing shareholder with no change in TMC's total outstanding shares, thus no direct impact on the company's capital structure.
[AI Summary]Pectus-JB Woori Fund No.1's sale of a 4.15% stake in TMC at a premium off-hour price may create short-term overhang, but since it's a secondary market transaction, it does not affect TMC's capital or growth strategy.