The company said the Forward Agreements it entered into during 2025, totaling about 38.7 million shares or about $1.4 billion, are to be settled at various times on or before August 11, 2027.

1. 01

   The company said the Forward Agreements it entered into during 2025, totaling about 38.7 million shares or about $1.4 billion, are to be settled at various times on or before August 11, 2027.

2. 02

   The company physically settled in full the Forward Agreements due on or before December 29, 2025 and December 30, 2025 by delivering about 11.3 million shares of common stock to the Forward Purchasers. It received net proceeds of about $400 million from the share sale and the physical settlement.

3. 03

   The company said about 27.4 million shares, or about $1.0 billion, remain under the two Forward Agreements it entered into during 2025, each for about $500 million, and must be settled on or before December 30, 2026 and August 11, 2027, respectively.

4. 04

   The company entered into an Equity Distribution Agreement with Barclays Capital Inc. and other agents on February 14, 2025. On the same day, it also entered into separate Master Forward Confirmations with each Forward Purchaser.

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.

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

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