Hanwha Systems disclosed that it has decided to transfer 22,169,660 common shares of its affiliate Hanwha Ocean through an off-hours block trade.

Hanwha Systems disclosed that it plans to transfer 22,169,660 shares of its affiliate Hanwha Ocean that it holds on October 19, 2026. The transfer amount is KRW 1.38 trillion, and the company said the purpose of the transfer is to secure liquidity and funds for strategic investments. The company also said it entered into a price return swap (PRS) contract with the buyers, with a contract term of 1 years.

1. 01

   The company said it will transfer all of the Hanwha Ocean shares it holds. After the transfer, it will hold 0 shares.

2. 02

   The buyers are Kiwoom Securities Co., Ltd. and 6 other party/parties, and payment will be made in cash on October 21, 2026, 2 business days after the scheduled transfer date.

3. 03

   The company said it entered into a price return swap (PRS) contract with the buyers for the transferred shares, with a contract term of 1 years.

4. 04

   The company said the purpose of the transfer is to secure liquidity and funds for strategic investments.

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

Shares to be transferred

22,169,660 shares

Transfer amount (A)

KRW 1.38 trillion

Transfer amount to equity ratio (A/C)

27.66%

Shares held after transfer and ownership ratio

- shares / 0%

Scheduled transfer date

October 19, 2026

Reference price (October 15, 2026 closing price)

KRW 62,400

Filing facts

Filing type

Investment

Report name

Decision on Transfer of Shares in Another Company

Filed

Oct 16, 2026

Receipt number

20261016000478