KG Dongbusteel said it decided to dispose of 2,461,991 treasury shares, worth about KRW 13.6 billion, to pay employees.

KG Dongbusteel disclosed that its board decided on October 15, 2026 to dispose of 2,461,991 common shares to pay employees. The expected disposal amount is KRW 13.7 billion, and the disposal will run from October 16, 2026 to January 15, 2027. The company said the disposal is part of the treasury share disposal plan stated in its annual and semi-annual reports.

1. 01

   The company said the purpose of the disposal is to pay employees. The shares will be transferred from the company's treasury share account to the individual share accounts of the employees.

2. 02

   The company said it calculated the share price and expected disposal amount for the shares based on the closing price on the Korea Exchange regular market on October 14, 2026, the business day before the board resolution date. It said the amounts may change depending on the share price at the time of disposal.

3. 03

   Of the shares scheduled for disposal, 778 shares pledged as collateral to a financial institution will be paid out after the pledge is released, by the end of the disposal period.

4. 04

   The company said the disposal of treasury shares equal to 2.5% of total issued shares is expected to have a minor dilution effect on share value.

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

Number of shares scheduled for disposal (common shares)

2,461,991 shares

Share price for disposal

KRW 5,560

Expected disposal amount

KRW 13.7 billion (KRW 13.7 billion, or about KRW 13.7 billion in short form)

Expected disposal period

October 16, 2026 ~ January 15, 2027

Disposal counterparty

1,690 employees

Treasury share ratio before disposal

2.5% (based on 2,456,184 common shares, acquired within the range of distributable profit)

Filing facts

Filing type

Treasury Share Disposal

Report name

Decision on Treasury Share Disposal

Filed

Oct 15, 2026

Receipt number

20261015000414