Arbitration ruling on Scott Corporation SA's 2nd shareholder Beat Zaugg, a subsidiary of Youngone Holdings

Youngone Holdings disclosed the result of an International Chamber of Commerce (ICC) arbitration with Beat Zaugg, the 2nd shareholder of its subsidiary Scott Corporation SA, on October 27, 2026. The company said the arbitral tribunal found a material breach of the shareholders' agreement by Beat Zaugg and confirmed Youngone's call option rights. It also said the 25% escrowed amount has been determined not to be paid additionally and will be returned to Youngone. As a result, the company explained, the final price of the acquired shares has been set at KRW 26.5 billion [CHF 19,088,927 * 75% * KRW 1,851.49].

1. 01

   The arbitral tribunal found a material breach of the shareholders' agreement by Beat Zaugg and confirmed that Youngone holds a call option over Scott Corp shares, the company said.

2. 02

   Youngone completed the acquisition of 5,837,500 Scott Corp shares held by Beat Zaugg on December 17, 2025. It paid 75% of the price and placed 25% in an escrow account.

3. 03

   The company said that, under the arbitration ruling of October 19, 2026, the escrowed 25% has been determined not to be paid additionally to Beat Zaugg and will be returned to Youngone.

4. 04

   The company said that Scott Corp's total assets on a consolidated basis at the end of 2025 equaled about 21.6% of the company's total assets.

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 acquired (entire Scott Corp stake)

5,837,500 shares

Final price of acquired shares (75%, amount paid)

KRW 26.5 billion[CHF 19,088,927*75%*KRW 1,851.49]

Escrowed amount 25% (to be returned without additional payment)

KRW 8.8 billion[CHF 4,772,231.75*KRW 1,851.49]

Total appraised value of acquired shares

KRW 35.3 billion[CHF 19,088,927*KRW 1,851.49]

Scott Corp stake held (after acquisition)

About 96.71% (12,088,750 shares)

Scott Corp consolidated revenue for 2025

KRW 1.12 trillion

Filing facts

Report name

Other Management Information (Voluntary; Subsidiary)

Filed

Oct 27, 2026

Receipt number

20261027800431