Hanwha Systems's subsidiary HS USA Holdings Corp. revised the scheduled disposal date in its decision to dispose of shares in Hanwha Philly Shipyard Inc. from October 31, 2026 to December 7, 2026.

This filing, submitted on November 2, 2026, is a correction that changes the scheduled disposal date in the disposal of shares in an issuer by a subsidiary of Hanwha Systems. The new scheduled disposal date is December 7, 2026. The company said the transaction involves the subsidiary HS USA Holdings Corp., which holds 100% of the shares, disposing of its shares in Hanwha Philly Shipyard Inc. to Hanwha Defense USA Shipbuilding, LLC. The company said the scheduled disposal date may change depending on circumstances of both parties to the transaction.

1. 01

   The reason for the correction is a change to the scheduled disposal date. The correction date is October 30, 2026, and the original filing concerns a board resolution dated September 18, 2026.

2. 02

   HS USA Holdings Corp. will dispose of 1,368 shares of Hanwha Philly Shipyard Inc. it holds to Hanwha Defense USA Shipbuilding, LLC. After the disposal, it will hold 0 shares.

3. 03

   The purpose of the disposal is to secure liquidity to pursue new business strategies. No put option or other similar contract has been signed.

4. 04

   The disposal amount is $237,600,000 converted into Korean won, based on a valuation by an external professional institution. The company said the amount may change depending on exchange rates and other factors at the time of the actual disposal.

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 disposed of

1,368 shares

Disposal amount

About KRW 325.1 billionExact amount: About KRW 325,100,000,000

As a percentage of total assets

3.15%

Stake after disposal

0.00%

Scheduled disposal date (before correction)

October 31, 2026

Scheduled disposal date (after correction)

December 7, 2026

Filing facts

Filing type

Investment

Report name

[Amended] Decision on Disposal of Shares in Another Company (Subsidiary)

Filed

Nov 2, 2026

Receipt number

20261102800005