HankomWith Acquires Additional 15 Billion KRW Stake in Hankom to Strengthen Group Governance Structure

Expected 2.6% Increase in Stake

HancomWITH announced on the 4th that it plans to purchase shares of Hancom Co., Ltd. on the open market.

The total purchase amount is 15 billion KRW. Based on the closing price on the 3rd, the day before the report submission, if the purchase of Hancom shares is completed, HancomWITH's stake will increase from the current 21.5% to approximately 24.1%.

This is the first time in six years since June 2018 that HancomWITH has bought Hancom shares on the open market. At that time, it purchased 22,607 shares, equivalent to 0.1% of the stake. This purchase will be made one month after the public disclosure, in accordance with the revised Capital Markets Act, which mandates prior disclosure when major shareholders acquire shares. Actual transactions may occur within 70% to 130% of the reported transaction amount, depending on market conditions such as stock price fluctuations.

A HancomWITH official stated, "This open market purchase is a decision based on the expectation of Hancom's continuous growth as an investment asset and to strengthen stable control as the top-tier company in the Hancom Group's governance structure. We plan to continue implementing various policies to solidify stable governance going forward."

This content was produced with the assistance of AI translation services.