Vice Chairman Lee Kyuho of Kolon Makes First Affiliate Share Purchase, Drives Rebalancing Efforts

Kolon Industries 0.01%, Kolon Global 0.05%
Total Investment of About 200 Million Won...
Strengthening Role in Business Restructuring
"Responsible Management to Support Rebalancing"

Lee Kyuho, Vice Chairman and Head of Strategy at Kolon, has purchased shares in the group’s core affiliates for the first time, signaling his commitment to responsible management during the group’s ongoing business restructuring. As Kolon pushes ahead with company-wide rebalancing efforts, this move is interpreted as a message from Vice Chairman Lee to strengthen his management execution capabilities.

According to the Financial Supervisory Service’s electronic disclosure system on December 2, Vice Chairman Lee acquired 2,441 shares (0.01%) of Kolon Industries at 40,975 won per share and 10,518 shares (0.05%) of Kolon Global at 9,508 won per share through on-market purchases on October 28. The total investment amounted to approximately 200 million won.

Lee Kyuho, Vice Chairman of Kolon Group, is seen conversing with participants at the closing event of the 4th meeting of the Asia-Pacific Economic Cooperation (APEC) Business Advisory Council (ABAC) held in Busan on October 28. Kolon Group

Since his promotion to Vice Chairman in 2023, Lee has led the group’s key decision-making as Head of Strategy. However, questions about “responsible leadership” had been raised because he did not own any shares in the holding company, Kolon Corp., or its affiliates. This recent share purchase is seen as a signal of his intent to clarify his responsibility as he spearheads the restructuring of the business structure. A Kolon official explained, “This investment is a move toward responsible management that supports the group’s rebalancing efforts.”

Since last year, Kolon Group has been carrying out large-scale rebalancing focused on business efficiency and simplifying its governance structure. Major restructuring initiatives have included: ▲ the launch of Kolon Spaceworks integrating the composite materials business; ▲ full incorporation of Kolon Mobility as a subsidiary; ▲ the merger of Kolon Global with MOD and Kolon LSI; and ▲ the resolution to merge Kolon Industries with Kolon ENP. Notably, to ease financial burdens at Kolon Global (with a debt ratio of 370% as of the third quarter of 2025), the company appointed financial expert Kim Youngbeom as CEO.

Although the scale of the recent share acquisition is small, it is seen as a clear step by Vice Chairman Lee, who oversees major business restructuring, to take managerial responsibility. Industry observers have commented that “in a situation of mounting pressure to improve performance, this confirms his commitment to responsible management.”

Meanwhile, some view Vice Chairman Lee’s share acquisition as being linked to succession planning. His father, Honorary Chairman Lee Woongyeol, stated when he stepped down as group chairman in 2018, “Only those who prove their management ability can become the top executive,” and, “If you lack ability, I will not pass on even a single share.” Honorary Chairman Lee is the largest shareholder, holding 49.74% of Kolon Corp., and also owns stakes in Kolon Industries and Kolon Global.