Seoryong Electronics Files Amendment to Large Shareholding Report; Typo Correction and Slight Stake Increase

This filing is a correction amendment to the initial large shareholding report submitted on June 26, 2026, primarily correcting a typo in the number of pledged shares and removing a reference to an additional 22,000 shares pledged on July 2.
The correction has no meaningful financial impact. As of the report date July 2, Seoryong Electronics and its related parties hold 62,138,320 shares, representing a 65.89% stake.
Compared to the prior report, Seoryong and its related party Finger Co., Ltd. acquired an additional 202,000 shares via open market purchases, increasing the stake by 0.22 percentage points.
Seoryong Electronics has pledged 27,292,815 shares to H2 On First for a 300 billion won loan, and its debt ratio remains high at approximately 1,175%.
Potential dilution from convertible bonds and bonds with warrants held by Spectra entities, amounting to about 22.75 million shares, continues to pose a risk to existing shareholders.
[AI Summary]This correction is merely a clerical fix with limited market impact, but the ongoing share accumulation by the major shareholder, coupled with high financial leverage and potential dilution, presents a structural risk for investors.