25th Jul 2025 09:53
Decision on Share Disposition
1. Number of shares to be disposed | Common | 779,315 | ||||
Other | - | |||||
2. Price of shares to be disposed (Korean won) | Common | 65,900 | ||||
Other | - | |||||
3. Value of shares to be disposed (Korean won) | Common | 51,356,858,500 | ||||
Other | - | |||||
4. Expected disposition period | Start date | July 28, 2025 | ||||
End date | July 28, 2025 | |||||
5. Purpose of disposition | Use of treasury shares for performance-based executive compensation | |||||
6. Method of disposition | Transfer from the Company's treasury stock account to the accounts of designated recipients | |||||
7. Consignment investment brokers | Samsung Securities Co., Ltd. Shinhan Securities Co., Ltd. KB Securities Co., Ltd. | |||||
8. Holding status of treasury shares before disposition | Disposition within the allowable distribution of profit (shares) | Common | 55,292,472 | Ratio (%) | 0.9 | |
Other | 8,331,988 | Ratio (%) | 1.0 | |||
Other disposition (shares) | Common | - | Ratio (%) | - | ||
Other | - | Ratio (%) | - | |||
9. Date of board resolution (confirmation date) | July 25, 2025 | |||||
- Attendance of Independent Directors at the Board of Directors meeting | Present | 6 | ||||
Absent | 0 | |||||
10. Other Information to Consider:
- Shares denoted as "other" are preferred shares.
- The disclosure relates to the use of equity for a portion of long-term incentives to strengthen executives' management accountability and motivate long-term performance. The conditions for the grant and the number of recipients are as follows:
[Grant conditions] Executives who are eligible for Long-Term Incentives and are employed as of the scheduled disposal date
[Number of employees eligible for grant] 622
- The above details are subject to change within the scope approved by the Board, depending on the number of recipients at the time of the grant and changes in the stock price.
- In Item 2 above, the price of shares to be disposed (Korean won) is based on the closing price on the day of board resolution (July 25, 2025).
- In Item 3 above, the value of shares to be disposed (Korean won) was calculated by multiplying the number of shares to be disposed by the closing price on the day of board resolution. The actual amount may change depending on stock price at the time of disposal.
- Holding status of treasury shares before purchase
(number of shares)
Stock type | Initial quantity | Changes | End quantity | ||
Purchase | Disposal | Cancellation | |||
Common | 29,700,000 | 80,993,875 | 5,256,775 | 50,144,628 | 55,292,472 |
Other | 4,050,000 | 11,194,024 | - | 6,912,036 | 8,331,988 |
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