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Amendment Report September 3, 2026
1. Disclosure document being amended: Material Event Report (Treasury Share Disposal Decision) 2. Date of original submission of the disclosure document being amended: August 30, 2024 3. Amended items:
Item: Reason for amendment; Before: -; After: - Representative director: changed from Lee Byung-hak to Cho Yong-cheol Person responsible for preparation: changed from Hwang Cheong-yong to Kim Bo-gyu 1. Shares planned for disposal (shares): reason - exercise of early-redemption put option; before 300,019; after 265,439 3. Planned disposal amount (KRW): before 138,458,768,500; after 122,500,000,000 6. Disposal method - other (shares): before 300,019; after 265,439
[Additional disclosure matters] Format changed - see items below.
Material Event Report / Korea Exchange Reporting Obligation Report on Material Business Matters of Subsidiary Nongshim Co., Ltd. To the Financial Services Commission / Korea Exchange August 30, 2024
Company name: Nongshim Co., Ltd. Representative Director: Cho Yong-cheol Head office address: 112 Yeouidaebang-ro, Dongjak-gu, Seoul (Sindaebang-dong) (Phone) 02-820-7114 (Website) http://www.nongshim.com Person responsible for preparation: (Title) Executive Managing Director (Name) Kim Bo-gyu (Phone) 02-820-7083
Treasury Share Disposal Decision
1. Shares planned for disposal (shares): common shares 265,439; other shares - 2. Price of shares subject to disposal (KRW): common shares 461,500; other shares - 3. Planned disposal amount (KRW): common shares 122,500,000,000; other shares - 4. Planned disposal period: start date September 3, 2024; end date September 3, 2024 5. Purpose of disposal: issuance of exchangeable bonds backed by treasury shares 6. Disposal method: equal allocation to shareholders (shares) -; off-hours block trade (shares) -; off-exchange disposal (shares) -; other (shares) 265,439 7. Disposal counterparty: - 8. Entrusted investment broker: - 9. Treasury share holdings before disposal: acquired within distributable profit (shares) common shares 300,000, ratio (%) 4.93, other shares -, ratio (%) -; acquired by other means (shares) common shares 19, ratio (%) 0.00, other shares -, ratio (%) - 10. Holding/disposal plan: shareholder meeting approval date - 11. Disposal decision date: August 30, 2024 - Attendance of independent (outside) directors*: present (persons) 4; absent (persons) - - Attendance of the auditor (audit committee member who is not an independent (outside) director*): present 12. Daily sell order quantity limit: common shares -; other shares -
13. Other matters for reference in investment decisions - This treasury share disposal is intended for the purpose of issuing exchangeable bonds backed by treasury shares; for details on the exchangeable bond issuance, please refer to the Material Event Report (Exchangeable Bond Issuance Decision) dated August 30, 2024. - "2. Price of shares subject to disposal" above is the exchange price of the exchangeable bonds, and "1. Shares planned for disposal" is the number of shares obtained by dividing the planned disposal amount by the exchange price, with fractional shares rounded down. - "4. Planned disposal period" above is the scheduled issuance date of the exchangeable bonds, and the actual disposal of treasury shares will be finalized at the time the exchange right is exercised.
[Treasury share holdings before the treasury share disposal decision] (unit: shares) Acquisition method: acquired within distributable profit range - direct acquisition on exchange; Share type: common shares; Beginning quantity: 300,000; Changes - Acquired (+): -; Disposed (-): -; Retired (-): -; Ending quantity: 300,000; Note: - (other share type rows: all -) Direct acquisition off-exchange: common shares -; other shares - Tender offer: common shares -; other shares - Subtotal (a): common shares 300,000; other shares - Acquisition under trust agreement - trustee-held volume: common shares -; other shares - In-kind holdings: common shares -; other shares - Subtotal (b): common shares -; other shares - Other acquisitions (c): common shares 19; other shares - Total (a+b+c): common shares 300,019; other shares -
[Additional disclosure matters] 1. Relationship between each disposal counterparty and the company or largest shareholder, and face (electronically registered) amount: (acting as trustee of Fund 1 herein) Samsung Securities Co., Ltd., relationship -; amount (KRW) 2,000,000,000 (acting as trustee of Fund 2 herein) Samsung Securities Co., Ltd., relationship -; amount (KRW) 1,000,000,000 (acting as trustee of Fund 3 herein) KB Securities Co., Ltd., relationship -; amount (KRW) 1,000,000,000 (acting as trustee of Fund 4 herein) KB Securities Co., Ltd., relationship -; amount (KRW) 500,000,000 (acting as trustee of Fund 5 herein) KB Securities Co., Ltd., relationship -; amount (KRW) 500,000,000 (acting as trustee of Fund 6 herein) KB Securities Co., Ltd., relationship -; amount (KRW) 1,800,000,000 (acting as trustee of Fund 7 herein) KB Securities Co., Ltd., relationship -; amount (KRW) 2,000,000,000 (acting as trustee of Fund 8 herein) Mirae Asset Securities Co., Ltd., relationship -; amount (KRW) 600,000,000 (acting as trustee of Fund 9 herein) Mirae Asset Securities Co., Ltd., relationship -; amount (KRW) 500,000,000 (acting as trustee of Fund 10 herein) Mirae Asset Securities Co., Ltd., relationship -; amount (KRW) 900,000,000 (acting as trustee of Fund 11 herein) Woori Bank Co., Ltd., relationship -; amount (KRW) 25,000,000,000 (acting as trustee of Fund 12 herein) Hana Bank Co., Ltd., relationship -; amount (KRW) 2,000,000,000 (acting as trustee of Fund 13 herein) Samsung Securities Co., Ltd., relationship -; amount (KRW) 3,000,000,000 (acting as trustee of Fund 14 herein) NH Investment & Securities Co., Ltd., relationship -; amount (KRW) 1,600,000,000 (acting as trustee of Fund 15 herein) NH Investment & Securities Co., Ltd., relationship -; amount (KRW) 400,000,000 (acting as trustee of Fund 16 herein) Samsung Securities Co., Ltd., relationship -; amount (KRW) 1,500,000,000 (acting as trustee of Fund 17 herein) Samsung Securities Co., Ltd., relationship -; amount (KRW) 500,000,000 (acting as trustee of Fund 18 herein) Samsung Securities Co., Ltd., relationship -; amount (KRW) 1,000,000,000 (acting as trustee of Fund 19 herein) Mirae Asset Securities Co., Ltd., relationship -; amount (KRW) 2,158,768,500 (acting as trustee of Fund 20 herein) KB Securities Co., Ltd., relationship -; amount (KRW) 2,000,000,000 DS Investment & Securities Co., Ltd., relationship -; amount (KRW) 2,000,000,000 KB Securities Co., Ltd., relationship -; amount (KRW) 6,000,000,000 NH Investment & Securities Co., Ltd., relationship -; amount (KRW) 5,000,000,000 Kiwoom Asset Management Co., Ltd., relationship -; amount (KRW) 2,000,000,000 IBK Securities Co., Ltd., relationship -; amount (KRW) 5,000,000,000 Hanwha Investment & Securities Co., Ltd., relationship -; amount (KRW) 3,000,000,000 Kiwoom Securities Co., Ltd., relationship -; amount (KRW) 13,000,000,000 Yuanta Securities Co., Ltd., relationship -; amount (KRW) 4,000,000,000 Shinhan Capital Co., Ltd., relationship -; amount (KRW) 5,000,000,000 Lindman New Deal New Growth Private Equity Limited Partnership, relationship -; amount (KRW) 9,000,000,000 Mirae Asset Securities Co., Ltd., relationship -; amount (KRW) 5,000,000,000 DB Financial Investment Co., Ltd., relationship -; amount (KRW) 2,000,000,000 LS Securities Co., Ltd., relationship -; amount (KRW) 6,000,000,000 Shinhan Investment Corp., relationship -; amount (KRW) 6,000,000,000 IBK-DS-STI G.E.S. Partnership, relationship -; amount (KRW) 1,000,000,000 IBK Financial Group-DS Green Finance Fund, relationship -; amount (KRW) 2,500,000,000 Meritz-JB New Technology Finance Partnership No. 1, relationship -; amount (KRW) 4,000,000,000 WonShinhan Mezzanine No. 1 New Technology Business Investment Partnership, relationship -; amount (KRW) 3,000,000,000 Kiwoom-DS Mezzanine Blind New Technology Investment Partnership, relationship -; amount (KRW) 2,000,000,000 2023 Shinhan-JB Woori-Daishin Listed Company Mezzanine New Technology Investment Partnership, relationship -; amount (KRW) 3,000,000,000
Fund names referenced above: Fund 1: NH Absolute Return General Private Equity Trust No. 1 Fund 2: NH Absolute Mezzanine General Private Equity Trust No. 5 Fund 3: Rhinos Mezzanine General Private Securities Investment Trust No. 22 Fund 4: Rhinos Mezzanine General Private Securities Investment Trust No. 21 Fund 5: Rhinos Mezzanine Alliance General Private Securities Investment Trust No. 1 Fund 6: Rhinos KOSDAQ Venture Mezzanine General Private Securities Investment Trust No. 5 Fund 7: Fine Value Mezzanine Plus General Private Securities Investment Trust [Bond-Mixed] Fund 8: Focus Winners KOSDAQ Venture General Private Equity Trust No. 1 Fund 9: Focus The One General Private Equity Trust No. 1 Fund 10: Focus Rampart KOSDAQ Venture General Private Equity Trust No. 2 Fund 11: Shinhan The Credit Project 1 General Private Mixed Asset Investment Trust Fund 12: Shinhan The Credit 2 General Private Mixed Asset Investment Trust Fund 13: SP Mezzanine P General Private Equity Trust No. 14 Fund 14: Orion Masterpiece Mezzanine General Private Equity Trust No. 100 Fund 15: Orion Masterpiece KOSDAQ Venture General Private Equity Trust No. 102 Fund 16: C Square Mezzanine Plus General Private Equity Trust No. 25 Fund 17: C Square Venture Investment General Private Equity Trust No. 13 Fund 18: C Square Venture Investment General Private Equity Trust No. 14 Fund 19: GVA Fortress-A General Private Equity Trust Fund 20: GVA Mezz-B1 General Private Equity Trust (for professional investors)
2. Reason for selection of disposal counterparties: allotment through subscription 3. Number of shares disposed of per counterparty: determined by price at time of exchange 4. Basis for price determination: The exchange price is set, taking the business day before the board resolution date for issuance of these bonds (August 29, 2024) as the reference date, as the higher of the following items calculated retroactively from that reference date, plus a 15% premium, rounded up to the nearest quotation unit: (1) the arithmetic average of the 1-month weighted arithmetic average price, 1-week weighted arithmetic average price, and most recent day's weighted arithmetic average price of the exchange-target shares (the weighted arithmetic average price being the total trading value of the exchange-target shares on the Korea Exchange during the period divided by the total trading volume); (2) the most recent day's weighted arithmetic average price of the exchange-target shares; (3) the weighted arithmetic average price of the exchange-target shares on the 3rd trading day before the payment date of these bonds. 5. Expected equity dilution effect: expected to be minimal 6. Other matters for reference in investment decisions: none
| Filed | 2026-09-03, [Amended] Material event report (treasury share disposal) (subsidiary) |
|---|---|
| Source | DART rcept 20260903800140 → open original filing |
Source: DART. Information only, not investment advice.

