This filing shows that Heo Gwang-soo, the largest shareholder and related party of GS Holdings, sold part of his shares on the open market as of October 23, 2026, reducing his holdings.

According to the filing from GS Holdings, Heo Gwang-soo, who is a largest shareholder and related party, reduced his holdings by selling shares on the open market. Total shares held by the largest shareholder and related parties decreased by 30,000 shares from the previous report to 49,305,571 shares. The filing lists the reason for the change as open-market sales (-). The filing does not describe any background or future plans beyond this disclosure.

1. 01

   The filing states that Heo Gwang-soo sold 10,000 shares each on October 22, 2026 and October 23, 2026 through open-market sales, for a total of 20,000 shares.

2. 02

   Heo Gwang-soo's holdings fell from 1,370,000 shares to 1,350,000 shares as of October 23, 2026, and the filing also records open-market sales of 10,000 shares on October 26, 2026.

3. 03

   Total shares held by the largest shareholder and related parties fell by 30,000 shares from the previous report, with the ownership ratio moving from 53.11% to 53.08% and the combined ratio moving from 52.11% to 52.08%.

4. 04

   The filing shows share ownership ratios on both a common share basis and a combined basis, and this summary reproduces the ratios as presented in the filing.

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

Total shares held as of the filing date of this report

49,305,571

Combined ratio as of the filing date of this report

52.08

Total shares held as of the filing date of the previous report

49,335,571

Change in shares held

-30,000

Total issued shares (1 + 2)

94,675,171

Filing facts

Filing type

Largest Shareholder Holding Change

Report name

Report on Changes in Shares Held by the Largest Shareholder and Related Parties

Filed

Oct 23, 2026

Receipt number

20261023800753