Details of issuance or disposal
Share consolidation
4,400,000 Company shares consolidated into 1 share
The lower thin line represents the existing number of shares to which these shares will be added.
| Item | Details |
|---|---|
| Type of issuance or disposal | Share consolidation |
| Number of shares to be issued or disposed of | 4,400,000 Company shares consolidated into 1 share |
| Intended allottee | ＴＣＧ2511株式会社 (tender offeror) |
| Total number of issued shares | 26,808,464 shares (after cancellation of treasury shares and before the consolidation takes effect) → 6 shares (after the consolidation takes effect) |
| Stock Split Ratio | Consolidation into 1 share (4,400,000 shares into 1 share); effective date scheduled for 16 September 2026 |
| Procedures under the Corporate Code of Conduct | At the extraordinary general meeting of shareholders held on 24 August 2026, all proposals were approved and adopted as originally proposed |
Items this document does not state (22)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.The share consolidation will be carried out as part of this transaction, under which the Company's shareholders will consist solely of the tender offeror and ALSOK. As the total number of shares issued and outstanding will become 6, there will no longer be a need to specify the number of shares in a share unit. Following the delisting, provisions concerning the acquisition of treasury shares through market transactions and similar means, as well as provisions concerning record dates and electronic provision measures, will also no longer be necessary. The Articles of Incorporation will therefore be amended.