Material event report (equity acquisition)

A later amendment corrects this filing, so the terms on this page may be out of date. See the latest version (2026-10-13) →

What happened

Decision to Acquire Equity and Capital Contribution Securities of Another Company 6.1 Silla Trading Co., Ltd. Material Event Report / KRX Reporting Matter To the Financial Services Commission / Korea Exchange September 4, 2026

Company name: Silla Trading Co., Ltd. Representative Director: Kim Ho-woon Head office address: 30 Godeok-biz valley-ro 6-gil, Gangdong-gu, Seoul (Godeok-dong) (Phone) 02-3434-9900 (Website) http://www.sla.co.kr Preparer in charge: (Title) Head of Management Support Division (Name) Choi Ho-cheol (Phone) 02-3434-9900

Decision to Acquire Equity and Capital Contribution Securities of Another Company

1. Issuer Company name: Seonmin Fisheries Co., Ltd. Nationality: Republic of Korea Representative: Min Il-gi Capital stock (KRW): 300,000,000 Relationship with the company: - Total shares issued (shares): 30,000 Main business: Deep-sea fishing and wholesale/retail of seafood New share acquisition via third-party allotment within the last 6 months: No

2. Acquisition details Shares acquired (shares): 30,000 Acquisition amount (KRW) (A): 82,300,000,000 Total assets (KRW) (B): 722,434,235,404 Ratio to total assets (%) (A/B): 11.39 Equity capital (KRW) (C): 603,073,107,870 Ratio to equity capital (%) (A/C): 13.65

3. Shares owned and ownership ratio after acquisition Shares owned (shares): 30,000 Ownership ratio (%): 100.00

4. Purpose of acquisition: Business diversification

5. Expected acquisition date: October 15, 2026

6. Counterparties Name(s): See "15. Other important matters for investment decisions" Capital stock (KRW): - Main business: - Head office address: - Relationship with the company: -

7. Payment of transaction consideration 1) Form of payment: Cash (Korean won) 2) Timing of payment: - Down payment: 10% of the purchase price (KRW 8,230,000,000) on September 4, 2026 - Interim payment: 10% of the purchase price (KRW 8,230,000,000) on September 30, 2026 - Balance: 80% of the purchase price (KRW 65,840,000,000) on the transaction closing date 3) Source of funds: Planned to be funded through cash on hand and bank borrowing

8. External valuation External valuation conducted: Yes - Basis and reason: 1. Basis: For use as an attachment to the material event report filed with the Financial Services Commission pursuant to Article 161 of the Financial Investment Services and Capital Markets Act and Article 171 of its Enforcement Decree. 2. Reason: Presented as reference material for the company's internal decision-making on the share acquisition transaction, and prepared for use in and as an attachment to the material event report filed pursuant to the Financial Investment Services and Capital Markets Act. Name of external valuation institution: Changeui Accounting Corporation External valuation period: July 1, 2026 - September 3, 2026 External valuation opinion: Applying the discounted cash flow (DCF) method to value the target company, the valuation as of the valuation reference date was calculated at KRW 78,672 million to KRW 89,094 million. The expected acquisition price of KRW 82,300 million falls within this valuation range and, in light of the valuation range as of the reference date, is judged to be appropriate.

9. Board resolution date (decision date): September 4, 2026 - Attendance of independent (outside) directors*: Present (persons) 1; Absent (persons) 0 - Attendance of the auditor (audit committee member who is not an independent (outside) director)*: Present

10. Whether this constitutes a backdoor listing: No - Plans for third-party-allotted capital increase, etc. within the next 6 months: No

11. Whether the issuer (other company) meets backdoor-listing requirements: No 12. Whether subject to Korea Fair Trade Commission reporting: Not applicable 13. Whether a put option or similar agreement was concluded: No - Contract details: - * For a listed company, this refers to independent directors; for an unlisted company, to outside directors.

14. Future plans for corporate restructuring - As of the filing date of this material event report, no specific matters regarding corporate restructuring have been determined; any such matters will be disclosed if they arise.

15. Other important matters for investment decisions - The financial information relating to the "capital stock" in "1. Issuer" above and the "total assets" etc. in "2. Acquisition details" above is based on the consolidated financial statements, prepared under Korean IFRS (K-IFRS), as of the end of the most recent fiscal year (December 31, 2025). - The above acquisition amount reflects only the purchase price, excluding other incidental costs. - The above "5. Expected acquisition date" is October 15, 2026, the expected date on which the procedures for payment of the balance of the share purchase price will be completed. - Details of "6. Counterparties" above are as follows:

Transferor: Min Il-gi; Capital stock (KRW): -; Main business: -; Head office address: -; Relationship with the company: Largest shareholder; Shares transferred: 9,000 Transferor: Min Won-gi; Capital stock (KRW): -; Main business: -; Head office address: -; Relationship with the company: Related party; Shares transferred: 9,000 Transferor: Choi Jae-yeon; Capital stock (KRW): -; Main business: -; Head office address: -; Relationship with the company: Related party; Shares transferred: 7,950 Transferor: Min Mun-gi; Capital stock (KRW): -; Main business: -; Head office address: -; Relationship with the company: Related party; Shares transferred: 3,000 Transferor: Min Jung-hyun; Capital stock (KRW): -; Main business: -; Head office address: -; Relationship with the company: Related party; Shares transferred: 170 Transferor: Min Ju-won; Capital stock (KRW): -; Main business: -; Head office address: -; Relationship with the company: Related party; Shares transferred: 170 Transferor: Min Jeong-hyun; Capital stock (KRW): -; Main business: -; Head office address: -; Relationship with the company: Related party; Shares transferred: 170 Transferor: Min Seung-hyun; Capital stock (KRW): -; Main business: -; Head office address: -; Relationship with the company: Related party; Shares transferred: 170 Transferor: Min Yu-ri; Capital stock (KRW): -; Main business: -; Head office address: -; Relationship with the company: Related party; Shares transferred: 170 Transferor: Min Yu-na; Capital stock (KRW): -; Main business: -; Head office address: -; Relationship with the company: Related party; Shares transferred: 170 Transferor: Hyunwon Fisheries Co., Ltd.; Capital stock (KRW): 100,000,000; Main business: Deep-sea fishing; Head office address: 48 Muhak-ro, Suyeong-gu, Busan; Relationship with the company: Affiliate; Shares transferred: 30 Total shares transferred: 30,000

- For further details, please refer to the attached "Opinion Letter of the External Valuation Institution." - Matters relating to this acquisition decision may be partially changed through consultation with relevant authorities and mutual discussion between the contracting parties, and an amendment disclosure will be filed if any change occurs. Related disclosures: None

[Summary Financial Status of the Issuer] (Unit: KRW million) Category: Total assets / Total liabilities / Total equity / Capital stock / Sales / Net income / Audit opinion / External auditor Current year: 55,948 / 5,686 / 50,262 / 300 / 32,590 / 7,657 / Appropriate / Dahyun Accounting Corporation Prior year: 52,254 / 7,098 / 45,156 / 300 / 46,149 / 10,947 / Appropriate / Dahyun Accounting Corporation Year before that: 42,267 / 5,077 / 37,190 / 300 / 34,568 / 5,888 / Appropriate / Jeil Accounting Corporation - The issuer's summary financial status above is based on the financial statements for the current year (2025), prior year (2024), and the year before that (2023).

[Matters Relating to Borrowings] (Unit: KRW million) Lender: Hana Bank; Amount borrowed: 70,000; Borrowing period: 2026.10 - 2027.10; Collateral assets: Building and land; Remarks: - Subtotal: 70,000 Note: The above "Matters Relating to Borrowings" may change depending on the outcome of board deliberations.