CreoSG

040350 · KOSDAQ · Information Technology · SMALL CAP

Updated terms.

CreoSG's largest shareholder (Curo Holdings) pledged shares as loan collateral to an individual, securing up to US$19.2M.

Ownership change([Amended] Share-pledge agreement that may change the largest shareholder)· FILED 2026-09-17· RCEPT 20260917900489

19.92%Current stake
US$19.2MLoan secured
0.89%Stake if enforced

Converted at 1 USD ≈ ₩1,379.53 (filing-date rate, 2026-09-17 close)

A later amendment corrects this filing, so the terms on this page may be out of date. See the latest version (2026-10-15) →

What happened

CreoSG's largest shareholder (Curo Holdings) pledged shares as loan collateral to an individual, securing up to US$19.2M.

If the collateral is enforced, the largest shareholder's stake, and with it, control of the company, could change.

Largest shareholderCuro Holdings
Current stake19.92%
Loan securedUS$19.2M
Stake if enforced0.89%
Filed2026-09-17, [Amended] Share-pledge agreement that may change the largest shareholder
SourceDART rcept 20260917900489 → open original filing

Versions of this filing

  1. 2026-06-12Original
  2. 2026-07-10Amendment 1
  3. 2026-07-28Amendment 2
  4. 2026-09-04Amendment 3
  5. 2026-09-17Amendment 4 (this page)
  6. 2026-10-15Amendment 5
Read the full filing in English

CREO S.G. / Execution of Stock Pledge Agreement Accompanied by Change of Largest Shareholder / (2026.09.17) Correction Notice (Report) on Execution of Stock Pledge Agreement Accompanied by Change of Largest Shareholder

Correction Date: 2026-09-17

1. Disclosure Document Subject to Correction Execution of Stock Pledge Agreement Accompanied by Change of Largest Shareholder

2. Submission Date of Disclosure Document Subject to Correction 2026-09-04

3. Reason for Correction Correction due to contract modification

4. Corrected Items

Corrected Item | Before Correction | After Correction 1. Matters Related to Stock Pledgor (Largest Shareholder) - Number of shares owned upon full execution of pledge right (shares) | 530,132 | 177,632 - Shareholding ratio upon full execution of pledge right (%) | 2.67% | 0.89% 4. Details of Stock Pledge Provision - Total accumulated pledged shares (shares) | 3,424,455 | 3,776,955 5. Date of Pledge Right Setting Contract Execution (Current Transaction) | 2026-09-04 | 2026-09-17

[Matters Regarding Individual Stock Pledge Provision Contracts] (Serial No. 2) Number of pledged shares (shares): 138,811 Contract execution date: 2026-03-04 Number of pledged shares (shares): 245,911 Contract execution date: 2026-09-17

[Matters Regarding Individual Stock Pledge Provision Contracts] (Serial No. 3) Number of pledged shares (shares): 188,164 Contract execution date: 2026-03-04 Number of pledged shares (shares): 433,564 Contract execution date: 2026-09-17

- Execution of Stock Pledge Agreement Accompanied by Change of Largest Shareholder

1. Matters Related to Stock Pledgor (Largest Shareholder) - Name (Name, Corporate Name, Partnership Name, Organization Name): Q-RO Holdings Co., Ltd. - Number of shares owned as of disclosure date (shares): 3,954,587 - Shareholding ratio (%): 19.92 - Number of shares owned upon full execution of pledge right (shares): 177,632 - Shareholding ratio (%): 0.89

2. Debt (Borrowing) Amount - Total amount (KRW): 22,695,000,000

3. Pledge Setting Amount - Total amount (KRW): 26,464,500,000

4. Details of Stock Pledge Provision - Cumulative number of pledge provision contracts (cases): 9 - Total accumulated pledged shares (shares): 3,776,955

5. Date of Pledge Right Setting Contract Execution (Current Transaction) 2026-09-17

6. Other Matters for Reference in Investment Decisions - This disclosure is a re-contracting matter due to additional pledge setting for borrowings under serial numbers 2 and 3. There are no changes to major contract terms such as debt (borrowing) amount and pledge setting amount other than the additional pledge setting. - The current second-largest shareholder K Partners Co., Ltd., third-largest shareholder G&N Co., Ltd., and fourth-largest shareholder Q Capital Partners Co., Ltd. are all affiliated companies of the Company. Even if a change in the largest shareholder occurs, there are no substantial issues affecting management rights.

※ Related Disclosures 2026-09-04 Execution of Stock Pledge Agreement Accompanied by Change of Largest Shareholder 2026-07-28 Execution of Stock Pledge Agreement Accompanied by Change of Largest Shareholder 2026-07-10 Execution of Stock Pledge Agreement Accompanied by Change of Largest Shareholder 2026-06-12 Execution of Stock Pledge Agreement Accompanied by Change of Largest Shareholder

[Matters Regarding Individual Stock Pledge Provision Contracts]

Serial No. | Creditor (Pledge Right Holder) | Debtor | Purpose of Borrowing | Pledge Setting Amount (KRW) | Type of Pledge Right | Number of Pledged Shares (shares) | Mandatory Holding Requirement | Pledge Provision Period (Start Date - End Date) | Contract Execution Date 1 | Synergy Turnaround 28 New Technology Business Investment Association and others | Q-RO Holdings Co., Ltd. | Operating funds | 9,750,000,000 | Abbreviated pledge | 1,770,215 | Not applicable | 2025-10-27 - 2029-03-28 | 2025-10-27 2 | Q Capital Partners Co., Ltd. | Q-RO Holdings Co., Ltd. | Operating funds | 2,205,500,000 | Abbreviated pledge | 245,911 | Not applicable | 2021-11-01 - 2026-10-31 | 2026-09-17 3 | Q Capital Partners Co., Ltd. | Q-RO Holdings Co., Ltd. | Operating funds | 3,652,000,000 | Abbreviated pledge | 433,564 | Not applicable | 2023-12-08 - 2026-12-07 | 2026-09-17 4 | Q Capital Partners Co., Ltd. | Q-RO Holdings Co., Ltd. | Operating funds | 4,587,000,000 | Abbreviated pledge | 892,975 | Not applicable | 2024-10-25 - 2026-10-24 | 2026-06-09 5 | Q Capital Partners Co., Ltd. | Q-RO Holdings Co., Ltd. | Operating funds | 550,000,000 | Abbreviated pledge | 116,000 | Not applicable | 2026-02-10 - 2027-02-10 | 2026-04-02 6 | CREO S.G. Co., Ltd. | Q-RO Holdings Co., Ltd. | Operating funds | 1,870,000,000 | Abbreviated pledge | 156,490 | Not applicable | 2026-06-12 - 2027-06-11 | 2026-06-12 7 | Q Capital Partners Co., Ltd. | Q-RO Holdings Co., Ltd. | Operating funds | 2,200,000,000 | Abbreviated pledge | 65,300 | Not applicable | 2026-07-10 - 2027-04-02 | 2026-09-04 8 | Q Capital Partners Co., Ltd. | Q-RO Holdings Co., Ltd. | Operating funds | 1,100,000,000 | Abbreviated pledge | 23,100 | Not applicable | 2026-07-10 - 2027-03-04 | 2026-09-04 9 | CREO S.G. Co., Ltd. | Q-RO Holdings Co., Ltd. | Operating funds | 550,000,000 | Abbreviated pledge | 73,400 | Not applicable | 2026-07-28 - 2027-07-27 | 2026-07-28

[Pledge Right Execution Conditions for Individual Stock Pledge Provision Contracts]

Serial No. | Pledge Right Execution Conditions (Including Special Provisions) 1 | Default on debt, occurrence of insufficient pledge, etc. 2 | Default on debt, occurrence of insufficient pledge, etc. 3 | Default on debt, occurrence of insufficient pledge, etc. 4 | Default on debt, occurrence of insufficient pledge, etc. 5 | Default on debt, occurrence of insufficient pledge, etc. 6 | Default on debt, occurrence of insufficient pledge, etc. 7 | Default on debt, occurrence of insufficient pledge, etc. 8 | Default on debt, occurrence of insufficient pledge, etc. 9 | Default on debt, occurrence of insufficient pledge, etc.

[Matters Regarding Debtor]

1. Personal Information - Basic Information Name (Corporate Name): Q-RO Holdings Co., Ltd. Nationality: Republic of Korea Address (Principal Place of Business) [up to eup/myeon/dong]: Yeoksam-dong, Gangnam-gu, Seoul Date of Birth (Business Registration Number, etc.): 129-81-19361 Occupation (Business Content): Coffee distribution business and others

- Status of Largest Shareholder, Representative Director, and Representative Executive Officer, and Financial Situation, etc. (When Debtor is a Corporation)

Classification | Name | Number of Shares | Shareholding Ratio (%) Largest Shareholder | K Partners Co., Ltd. | 2,416,763 | 31.80 Representative Director | Jo Jung-gi | - | -

Financial Information (Unit: Million KRW) Fiscal Year: 2025 Closing Date: December Total Assets: 91,529 Capital: 12,905 Total Liabilities: 70,757 Sales: 56,651 Total Capital: 20,771 Net Income for the Period: -9,174 External Auditor: Samjong Accounting Firm Business Suspension: No Audit Opinion: Appropriate Business Closure: No

2. Relationship with the Listed Company or Largest Shareholder, etc. - Relationship between Debtor and Listed Company Largest Shareholder

- Relationship between Debtor and Company's Largest Shareholder and Officers Name | Relationship with Debtor Largest Shareholder | Q-RO Holdings Co., Ltd. | Self

3. Transaction History with Listed Company over the Past 3 Years (Excluding Routine Transactions)

Classification | Name (Corporate Name) | Current Year - Monetary Loans | 8,828,797,203 KRW (3 cases) - Loan Recovery | 1,367,678,555 KRW (22 cases)

Previous Year - Monetary Loans | 3,800,000,000 KRW (4 cases) - Loan Recovery | 4,074,999,996 KRW (8 cases)

Year Before Previous - Monetary Loans | 4,000,000,000 KRW (1 case) - Loan Recovery | 2,210,000,000 KRW (1 case)

Source: DART. Information only, not investment advice.

For informational purposes only. This is not investment advice, a recommendation, or a solicitation to buy or sell any security. Do your own research; any investment decision is your own responsibility.

Data from DART, Korea's official corporate-filing system. Data sourced from official DART filings. Accuracy is not guaranteed. Figures are as of the date shown. As of 2026-09-17 (KST). · Converted at 1 USD ≈ ₩1,325 (rate of 2026-10-21).

Company summaries are generated and may contain errors; financial figures are mapped directly from official filings.