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The company said an agreement with Imran Ahmad, its former Group President of Decorative Architectural Products, became effective on January 12, 2026. The agreement relates to the previously announced conclusion of his service on December 31, 2025.

8-KDeparture or Appointment of Directors or Certain OfficersFiled Period of report Summary published (UTC)

Key points

AI summary
  1. The company said an agreement with Imran Ahmad, its former Group President of Decorative Architectural Products, became effective on January 12, 2026. The agreement relates to the previously announced conclusion of his service on December 31, 2025.

  2. The company said that under the agreement, Imran Ahmad may receive a cash payment of $998,875 after his service ends.

  3. The company said cash payments under a 2025 cash bonus and the 2023-2025 Long-Term Incentive Program (LTIP) will be made only if the established performance goals are met. The cash equivalent of an annual restricted stock unit award is based on his individual target opportunity.

  4. The company said Imran Ahmad may exercise his vested stock options and stock appreciation rights for 90 days after his service ends.

Summary

AI-written

Analysis scope · Filing bodyWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

Agreement with Former Group President Becomes Effective

The company said an agreement with Imran Ahmad, its former Group President of Decorative Architectural Products, became effective on January 12, 2026. The agreement relates to the previously announced conclusion of his service on December 31, 2025.

Source · Based on the filing body and exhibits

Cash Payment of $998,875

The company said that under the agreement, Imran Ahmad may receive a cash payment of $998,875 after his service ends.

Source · Based on the filing body and exhibits

2025 Cash Bonus and LTIP Payout Conditions

The company said cash payments under a 2025 cash bonus and the 2023-2025 Long-Term Incentive Program (LTIP) will be made only if the established performance goals are met. The cash equivalent of an annual restricted stock unit award is based on his individual target opportunity.

Source · Based on the filing body and exhibits

Stock Option and SAR Exercise Period of 90 Days

The company said Imran Ahmad may exercise his vested stock options and stock appreciation rights for 90 days after his service ends.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.