National Pension Service reduces Shinsegae stake by 0.75% to 12.72% in Q2 2026 via on-market sales, reflecting routine portfolio rebalancing

The National Pension Service disclosed that its stake in Shinsegae decreased from 13.47% to 12.72% as of June 30 2026, a reduction of 0.75 percentage points.
During the quarter, NPS sold approximately 70,000 common shares on the open market, with minor purchases, resulting in a net sell-off.
This reduction is interpreted as routine portfolio rebalancing by a major institutional investor and does not affect Shinsegae's capital structure or dividend policy.
[AI Summary]NPS's slight reduction in Shinsegae equity is a normal institutional portfolio adjustment with no direct impact on the company's fundamentals or shareholder returns. While further selling could be monitored, this quarterly report alone does not signal material risk.