Hanjin Kal's largest shareholder has been replaced by Hoban Construction and three others, supplanting Cho Won-tae and 18 others. Hanjin Kal disclosed the change of its largest shareholder on the 4th.

◆ Hoban Construction Side Overtakes with 20.69% Stake

According to the disclosure, the new largest shareholder group, Hoban Construction and three others, holds 13,814,053 shares, a 20.69% stake. The previous largest shareholder group, Cho Won-tae and 18 others, held 13,738,919 shares, or 20.58%.

Breaking down the holdings, Hoban Construction holds the largest stake with 7,676,827 shares (11.50%). Hoban Hotel & Resort holds 5,566,702 shares (8.34%), and Hoban holds 99,000 shares (0.15%). Notably, Hoban Industry increased its holdings from 112,145 shares to 471,524 shares, raising its stake from 0.17% to 0.71%.

The reason for the change of largest shareholder was listed as open-market purchases, and the purpose of the stake acquisition was recorded as simple investment.

◆ Cho Won-tae Side's Stake Unchanged

The holdings of major shareholders within the previous largest shareholder group remain the same. Cho Won-tae maintained 3,866,745 shares, a 5.79% stake. Cho E-mmily holds 3,839,470 shares (5.75%), and Lee Myung-hee holds 1,218,712 shares (1.83%); their shareholdings and stakes are identical before and after the change.

◆ Change Confirmed via Hoban Construction's Notice on November 3

Hanjin Kal stated that it confirmed the change of its largest shareholder on November 3 through a notice from Hoban Construction. The balance certificate provided by Hoban Construction was dated November 2.

Meanwhile, Hanjin Kal explained that this disclosure replaces the confirmation disclosure for the 'Clarification Regarding Rumors or Reports (Unconfirmed)' filing submitted on November 2.