Hanwha Ocean announced on the 23rd that it has signed a USD RP (repurchase agreement) transaction worth 59.024 billion won with its affiliate, Hanwha Investment Securities.

According to the regulatory filing, the total amount of this transaction is 59,024 million won (59.024 billion won), and it will run from July 22, 2026, to August 24, 2026. The counterparty is Hanwha Investment Securities, an affiliate of Hanwha Ocean.

The company explained that the transaction amount is equivalent to USD 40,000,000, converted at the Seoul Foreign Exchange Brokerage's base exchange rate of 1,475.60 won per dollar as of the product subscription date of July 22, 2026.

Meanwhile, this internal transaction between affiliates was approved at the board of directors meeting held on June 22, 2026. All five outside directors and the auditor (audit committee member) attended the board meeting. The company added that the transaction details and schedule may change depending on future progress.