TSI Amends Single Sale Contract Disclosure Reveals Counterparty LG Energy Solution Michigan Inc Contract Nearing Completion

This amendment disclosure follows the expiration of the disclosure reservation period for the single sale contract filed on March 27, 2026, revealing that the counterparty previously withheld as an overseas secondary battery company is LG Energy Solution Michigan Inc.
The supply region is the United States and the contract amount remains unchanged at KRW 31,258,605,000 representing 21.01% of TSI's latest revenue of KRW 148,783,063,129. The contract period runs from July 11, 2023 to June 30, 2026 the date of the final payment indicating the contract is in its final stage.
Payment terms consist of a 30% down payment 40% interim 20% interim and 10% balance with self-manufacturing. This correction only adds previously undisclosed counterparty information with no change in financial figures.
[AI Summary]This disclosure from TSI reveals the counterparty of an existing contract with no financial impact and signals contract completion. No new orders or capital changes occur making it neutral for the stock price.