What happened
Material Event Report / Matter Subject to Mandatory Exchange Disclosure Material Management Matter Report of Subsidiary Hyundai Green Food Co., Ltd. To: Financial Services Commission / Korea Exchange August 4, 2026
Company name: Hyundai Green Food Co., Ltd. Representative Director: Park Hong-jin Head office address: 30 Munin-ro, Suji-gu, Yongin-si, Gyeonggi-do (Dongcheon-dong) Phone: 031-525-2233 Website: http://www.hyundaigreenfood.com Preparer: (Title) Finance Officer (Name) Kang Dae-rim (Phone) 031-525-2043
Decision to Acquire Treasury Shares
1. Shares scheduled to be acquired (shares): Common shares 294,447; Other shares -
2. Scheduled acquisition amount (KRW): Common shares 5,249,990,010; Other shares -
3. Expected acquisition period: Start date August 5, 2026; End date November 4, 2026
4. Expected holding period: Start date -; End date -
5. Purpose of acquisition: Enhancing shareholder value through acquisition and retirement of treasury shares
6. Acquisition method: On-market purchase through the KOSPI market
7. Entrusted investment brokerage firm: Shinhan Investment Corp.
8. Treasury shares held before acquisition - Acquired within distributable profit (shares): Common shares 469,276; ratio (%) 1.45; Other shares -; ratio (%) - - Other acquisitions (shares): Common shares -; ratio (%) -; Other shares -; ratio (%) -
9. Date of acquisition decision: August 4, 2026 - Independent (outside) director* attendance: Present (persons) 3; Absent (persons) - - Attendance of auditor (audit committee member who is not an independent (outside) director*): -
10. Daily purchase order quantity limit: Common shares 29,444; Other shares - * Applies to independent directors for listed companies and outside directors for unlisted companies
11. Other material matters relevant to investment decisions - The above "2. Scheduled acquisition amount (KRW)" was calculated based on the Korea Exchange closing price (KRW 17,830) one trading day before the board resolution date (August 3, 2026); the actual acquisition amount and quantity may change depending on future share price movements and other circumstances. - The above "4. Expected holding period" is omitted because the treasury shares (common shares) to be acquired under this matter are scheduled to be retired within a certain period after the acquisition is completed. However, the above quantity is the quantity expected as of the date of this report's submission, and may differ from the actual treasury share acquisition result, so the actual quantity of shares retired may also change. - The basis for calculating the above "10. Daily purchase order quantity limit" is as follows. Pursuant to Article 5-5 of the "Regulation on Issuance and Disclosure of Securities, etc.," the limit is the smaller of (the greater of ① and ②) and ③ below: ① 10% of the shares reported as scheduled for acquisition: 294,447 shares x 10% = 29,444 shares ② 25% of the average daily trading volume for the 1 month before the board resolution date: 46,486 shares x 25% = 11,621 shares ③ 1% of total shares issued: 32,471,587 shares x 1% = 324,715 shares
【Limit on Treasury Share Acquisition Amount】 Item: Amount 1. Limit of distributable profit under the Commercial Act as of the end of the immediately preceding fiscal year (a) Net assets: 722,726,701,089 (b) Paid-in capital: 16,925,292,500 (c) Total capital reserves and earned surplus reserves accumulated through the immediately preceding fiscal year: 579,974,947,201 (d) Unrealized gains prescribed by Presidential Decree: 2,632,832,633 Subtotal (a - b - c - d): 123,193,628,755 2. Treasury shares acquired since the end of the immediately preceding fiscal year: 8,784,940,055 3. Dividend amount resolved at the ordinary general meeting of shareholders since the end of the immediately preceding fiscal year, and related earned surplus reserve: 13,172,108,928 4. Quarterly/interim dividend amount resolved by the board of directors since the end of the immediately preceding fiscal year, and related earned surplus reserve: - 5. Contract amount of trust agreements: - 6. Acquisition cost of treasury shares disposed of since the end of the immediately preceding fiscal year (using the moving-average method): - Treasury share acquisition amount limit (1-2-3-4-5+6): 101,236,579,772
Note 1) The above table's amounts are based on the Company's separate (non-consolidated) financial statements for fiscal year 2025 (the 3rd fiscal year). Note 2) The unit for the above table's amounts is KRW. Note 3) The calculation of "2. Treasury shares acquired since the end of the immediately preceding fiscal year" above is as follows (sum of ① through ③ below): ① Of the 158,161 treasury shares acquired pursuant to the board resolution of November 4, 2025 (purchase period: November 5, 2025 to January 28, 2026), the acquisition cost (book value including fees) of 51,461 shares acquired after the end of the immediately preceding fiscal year: KRW 782,576,365 ② Acquisition cost (book value including fees) of 172,235 treasury shares acquired pursuant to the board resolution of February 9, 2026 (purchase period: February 10, 2026 to April 30, 2026): KRW 2,750,814,455 ③ Acquisition cost (book value including fees) of 297,041 treasury shares acquired pursuant to the board resolution of May 6, 2026 (purchase period: May 7, 2026 to July 31, 2026): KRW 5,251,549,235
Note 4) The calculation of "3. Dividend amount resolved at the ordinary general meeting of shareholders since the end of the immediately preceding fiscal year, and related earned surplus reserve" above is as follows: - At the ordinary general meeting of shareholders held on March 24, 2026, a cash dividend of KRW 370 per share was resolved, and a cash dividend of KRW 11,974,644,480 was paid on 32,363,904 common shares (32,501,916 total shares issued, less 138,012 treasury shares, as of two trading days before the record date of April 3, 2026). Pursuant to Article 458 of the Commercial Act, KRW 1,197,464,448, equal to one-tenth of the cash dividend amount, was set aside as an earned surplus reserve.
【Treasury Share Holdings Before the Treasury Share Acquisition Decision】 (Unit: shares)
Common shares, acquisition within distributable profit range, direct acquisition, on-market: Beginning balance 265,969; Acquired (+) 520,737; Disposed (-) -; Retired (-) 317,430; Ending balance 469,276 Other shares (same category): Beginning balance -; Acquired (+) -; Disposed (-) -; Retired (-) -; Ending balance - Off-market direct acquisition and tender offer (common and other shares): all items - Subtotal (a), common shares: Beginning 265,969; Acquired (+) 520,737; Disposed (-) -; Retired (-) 317,430; Ending 469,276. Other shares: all - Acquisition under trust agreement (trustee-held and in-kind holdings), common and other shares: all items - Subtotal (b): all items - Other acquisition (c), common shares: Beginning 30,329; Acquired (+) -; Disposed (-) -; Retired (-) 30,329; Ending -. Other shares: all - Total (a+b+c), common shares: Beginning 296,298; Acquired (+) 520,737; Disposed (-) -; Retired (-) 347,759; Ending 469,276. Other shares: all -
Note) The Company's treasury share holdings, acquisitions, and retirements are as follows: ① The "beginning balance" in the above table is the sum of 159,269 treasury shares (book value KRW 2,500,986,275) acquired after the board resolution of August 5, 2025, and 106,700 shares (out of the 158,161 treasury shares acquired after the board resolution of November 4, 2025), being the portion purchased through December 26, 2025 (purchases on December 29-30, 2025 are excluded from the beginning balance because their settlement date falls in 2026). For details, see the Company's "Material Event Report (Treasury Share Acquisition Decision)" disclosures of August 5, 2025 and November 4, 2025. ② The "Acquired (+)" portion of "changes in quantity" above is the sum of: 51,461 shares (out of the 158,161 treasury shares acquired from November 5, 2025 to January 28, 2026 pursuant to the board resolution of November 4, 2025) whose settlement date falls in 2026 (order dates December 29, 2025 to January 28, 2026); 172,235 treasury shares acquired from February 10 to April 30, 2026 pursuant to the board resolution of February 9, 2026; and 297,041 treasury shares acquired from May 7 to July 31, 2026 pursuant to the board resolution of May 6, 2026. ③ The "Retired (-)" portion of "changes in quantity" above is the sum of: 317,430 treasury shares retired, with a record date of February 6, 2026, pursuant to the board resolution of November 4, 2025; and 30,329 odd-lot shares (acquired as treasury shares during the spin-off of April 10, 2023) retired, with a capital-reduction record date of April 28, 2026, pursuant to the resolution of the ordinary general meeting of shareholders held on March 24, 2026. For details, see the Company's amended "Decision to Retire Shares" disclosure of February 6, 2026 and its "Material Event Report (Capital Reduction Decision)" disclosed on February 20, 2026. ④ Regarding "Other acquisition (c)" above, the Company had acquired and held as treasury shares 30,329 odd-lot shares arising from the spin-off of April 10, 2023, based on Article 341-2 (Acquisition of Treasury Shares for a Specific Purpose) of the Commercial Act, but retired all of them, with a capital-reduction record date of April 28, 2026, pursuant to the resolution of the ordinary general meeting of shareholders held on March 24, 2026.
| Filed | 2026-08-04, Material event report (treasury share acquisition) (subsidiary) |
|---|---|
| Source | DART rcept 20260804800356 → open original filing |
Source: DART. Information only, not investment advice.
