Hanwha Ocean invests approximately KRW 164 billion in capital increase of U.S. subsidiary (corrected disclosure).

Hanwha Ocean's subsidiary Hanwha Ocean USA Holdings Corp. has decided to participate in a capital increase of another subsidiary Hanwha Ocean USA International LLC, and this is being disclosed as a correction. The investment amount is $110,390,615 (approximately KRW 164 billion). The scheduled acquisition date, originally set for December 31, 2026, has been corrected to October 8, 2026 following completion of the investment.

1. 01

   Hanwha Ocean participates in a capital increase of its subsidiary Hanwha Ocean USA International LLC, in which it holds 100%, through another subsidiary Hanwha Ocean USA Holdings Corp.

2. 02

   The investment amount is $110,390,615 (approximately KRW 164 billion), calculated using the exchange rate as of March 19, 2026 (KRW 1,486.0 per USD), and may vary depending on the exchange rate at the time of actual investment.

3. 03

   The scheduled acquisition date, originally set for December 31, 2026, has been corrected to October 8, 2026 following completion of the investment.

4. 04

   The issuing company Hanwha Ocean USA International LLC is a Maritime Service provider based in the United States, with capital of approximately KRW 441.3 billion as of the end of 2024.

An AI model translated the Korean summary of this filing into English; every number is carried over from the Korean original. Reference information, not investment advice.

Key figures

Investment amount

Approximately KRW 164 billion ($110,390,615)

Capital of issuing company

Approximately KRW 441.3 billion

Scheduled acquisition date (before correction)

December 31, 2026

Scheduled acquisition date (after correction)

October 8, 2026

Filing facts

Filing type

Investment

Report name

[Amended] Decision on Acquisition of Shares in Another Company (Voluntary; Subsidiary)

Filed

Oct 8, 2026

Receipt number

20261008800626