[Amended] Treasury share disposal: results report

What happened

Treasury share disposal results report Chokwang Paint Co., Ltd. AMENDMENT REPORT (Report) Date: July 27, 2026

1. Disclosure document subject to amendment: Treasury share disposal results report 2. Original filing date of the disclosure document subject to amendment: January 26, 2024

3. Amendments Item: 2. Disposal report details (c) Type and number of shares reported for disposal Reason for amendment: Return of treasury shares that were the exchange target of exchangeable bonds, following their early redemption Before amendment: Common shares 1,461,988 shares After amendment: Common shares 73,095 shares (See "3. Disposal details," "4. Whether the disposal report details match the actual disposal details," and "5. Treasury shares held after disposal" below, before and after amendment.)

[3. Before amendment] (unit: KRW, shares) Date January 26, 2024, common shares: order quantity 1,461,988; disposed quantity 1,461,988; disposal price per share 6,840; total disposal value 10,000,000,000 Total: disposed quantity 1,461,988; disposal price per share 6,840; total disposal value 10,000,000,000

- The above treasury share disposal is prepared on the assumption that, in connection with the Series 5 unregistered, unsecured, privately placed exchangeable bonds issued by the company on January 26, 2024, the entire 1,461,988 treasury shares that are the exchange target shares of these bonds were requested for exchange on the same date. - The above total disposal value includes KRW 2,080 for fractional shares, which is the issue amount of the exchangeable bonds. - The actual details of this treasury share disposal will be finalized at the time the exchange right of the exchangeable bonds is exercised, and the relevant treasury shares are currently deposited with the Korea Securities Depository. - For details relating to the issuance of these exchangeable bonds and the treasury share disposal decision, please refer to the company's "Material event report (decision to issue exchangeable bonds)" and "Material event report (decision on treasury share disposal)" disclosures dated January 24, 2024.

[3. After amendment] (unit: KRW, shares) Date January 26, 2024, common shares: order quantity 73,095; disposed quantity 73,095; disposal price per share 6,840; total disposal value 500,000,000 Total: disposed quantity 73,095; disposal price per share 6,840; total disposal value 500,000,000

- The above treasury share disposal relates to the Series 5 unregistered, unsecured, privately placed exchangeable bonds issued by the company on January 26, 2024; of the total 1,461,988 treasury shares that are the exchange target shares of these bonds, 1,388,893 shares are scheduled to be redeemed early before maturity and returned due to the bondholder's exercise of the early redemption right (put option). - For details relating to the issuance of these exchangeable bonds and the treasury share disposal decision, please refer to the company's "Material event report (decision to issue exchangeable bonds)" dated January 24, 2024 and "Material event report (decision on treasury share disposal)" dated July 27, 2026.

[4. Before amendment] Planned shares for disposal (shares): common shares 1,461,988; other shares - Total shares disposed (shares): common shares 1,461,988; other shares - Match: Match; reason for discrepancy: -

[4. After amendment] Planned shares for disposal (shares): common shares 73,095; other shares - Total shares disposed (shares): common shares 73,095; other shares - Match: Match; reason for discrepancy: -

[5. Before amendment] [As of January 26, 2024] (unit: KRW, shares, %) Type of shares: Common shares Holdings under Article 165-3 of the Act (A): quantity 295,492; ratio 2.31; total value 0 Holdings under trust agreements, etc. under Article 165-3 of the Act (B): quantity -; ratio -; contract amount - Total (A+B): quantity 295,492; ratio 2.31; amount 0

- The above holdings are prepared on the assumption that, in connection with the unregistered, unsecured, privately placed exchangeable bonds issued by the company on January 26, 2022 and January 26, 2024, the entire 2,343,045 treasury shares that are the exchange target shares of these bonds were requested for exchange on the same date, and are accordingly excluded from the treasury share holdings after disposal shown above. - For details relating to these treasury share holdings, please refer to the company's "Treasury share disposal results report" dated January 26, 2022 and "Material event report (decision on treasury share disposal)" dated January 24, 2024.

[5. After amendment] [As of January 26, 2024] (unit: KRW, shares, %) Type of shares: Common shares Holdings under Article 165-3 of the Act (A): quantity 2,565,442; ratio 20.04; total value 0 Holdings under trust agreements, etc. under Article 165-3 of the Act (B): quantity -; ratio -; contract amount - Total (A+B): quantity 2,565,442; ratio 20.04; amount 0

- The above holdings reflect, following the early redemption of the unregistered, unsecured, privately placed exchangeable bonds issued by the company on January 26, 2024, the 1,388,893 shares remaining after excluding the 73,095 shares for which exchange was completed. In addition, following the full redemption of the unregistered, unsecured, privately placed exchangeable bonds issued on January 26, 2022, the 881,057 treasury shares that were the exchange target shares are included in the holdings.

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[Original report, as originally filed]

Treasury share disposal results report To: Governor of the Financial Supervisory Service Date: January 26, 2024

Company name: Chokwang Paint Co., Ltd. CEO: Yang Seong-a Head office: 148, Samdeok-ro 5beon-gil, Sasang-gu, Busan (Samrak-dong) Phone: 051-304-7701 Website: http://www.ckpc.co.kr Preparer: (Title) Head of Finance Office (Name) Park Seung-min (Phone) 051-304-7701

1. Name and address of the issuer (a) Name: Chokwang Paint Co., Ltd. (b) Address: 148, Samdeok-ro 5beon-gil, Sasang-gu, Busan (Samrak-dong)

2. Disposal report details (a) Material event report filing date: January 24, 2024 (initial); July 27, 2026 (amended) (b) Disposal period: From January 26, 2024 to January 26, 2024 (c) Type and number of shares reported for disposal: Common shares, 73,095 shares (issuance of privately placed exchangeable bonds using treasury shares as the exchange target)

3. Disposal details (unit: KRW, shares) Date January 26, 2024, common shares: order quantity 73,095; disposed quantity 73,095; disposal price per share 6,840; total disposal value 500,000,000 Total: disposed quantity 73,095; disposal price per share 6,840; total disposal value 500,000,000

- The above treasury share disposal relates to the Series 5 unregistered, unsecured, privately placed exchangeable bonds issued by the company on January 26, 2024; of the total 1,461,988 treasury shares that are the exchange target shares of these bonds, 1,388,893 shares are scheduled to be redeemed early before maturity and returned due to the bondholder's exercise of the early redemption right (put option). - For details relating to the issuance of these exchangeable bonds and the treasury share disposal decision, please refer to the company's "Material event report (decision to issue exchangeable bonds)" dated January 24, 2024 and "Material event report (decision on treasury share disposal)" dated July 27, 2026.

4. Whether the disposal report details match the actual disposal details Planned shares for disposal (shares): common shares 73,095; other shares - Total shares disposed (shares): common shares 73,095; other shares - Match: Match; reason for discrepancy: -

5. Treasury shares held after disposal [As of January 26, 2024] (unit: KRW, shares, %) Type of shares: Common shares Holdings under Article 165-3 of the Act (A): quantity 2,565,442; ratio 20.04; total value 0 Holdings under trust agreements, etc. under Article 165-3 of the Act (B): quantity -; ratio -; contract amount - Total (A+B): quantity 2,565,442; ratio 20.04; amount 0

- The above holdings reflect, following the early redemption of the unregistered, unsecured, privately placed exchangeable bonds issued by the company on January 26, 2024, the 1,388,893 shares remaining after excluding the 73,095 shares for which exchange was completed. In addition, following the full redemption of the unregistered, unsecured, privately placed exchangeable bonds issued on January 26, 2022, the 881,057 treasury shares that were the exchange target shares are included in the holdings.