Share buyback.

Material Event Report (Treasury Stock Acquisition Decision)

6.3 Shinheung Co., Ltd. Material Event Report / Stock Exchange Reporting Obligation Financial Services Commission / Korea Exchange

Date: September 18, 2026

Company Name: Shinheung Co., Ltd. Representative Director: Moon Hyun-gi Head Office Address: 450 Cheongpa-ro, Jung-gu, Seoul Telephone: 02-6366-2000 Website: http://www.shinhung.co.kr

Prepared by: Position: Director Name: Kim Sang-heon Telephone: 02-6366-2017

**Treasury Stock Acquisition Decision**

1. Planned Acquisition Shares (shares) - Common Stock: 100,000 - Other Stock: -

2. Planned Acquisition Amount (KRW) - Common Stock: 1,405,000,000 - Other Stock: -

3. Planned Acquisition Period - Start Date: September 21, 2026 - End Date: December 20, 2026

4. Planned Holding Period - Start Date: - - End Date: -

5. Acquisition Purpose: Treasury stock acquisition to enhance shareholder value

6. Acquisition Method: Direct acquisition through the securities market

7. Commissioned Investment Broker: Mirae Asset Securities Co., Ltd.

8. Treasury Stock Holdings Before Acquisition - Within Distributable Earnings Range (Common Stock): 34,670 shares (0.38%) - Other Stock: - - Other Acquisition (Common Stock): - - Other Stock: -

9. Acquisition Decision Date: September 18, 2026 - Independent (Outside) Directors in Attendance: 3 - Absent: - - Audit Committee (non-independent director auditors) in Attendance: - (Note: All audit committee members are independent directors)

10. Daily Purchase Order Quantity Limit - Common Stock: 10,000 shares - Other Stock: -

11. Other Matters for Investment Consideration:

- The planned acquisition amount in item 2 above is based on the closing price on the trading day immediately before the board resolution date (September 17, 2026: 14,050 KRW) and the planned acquisition share quantity (100,000 shares). The actual number of shares acquired and acquisition amount may vary depending on future stock price changes.

- Regarding item 9 above regarding audit committee attendance, all audit committee members of the company are composed of independent directors.

- Details of the daily purchase order quantity limit in item 10 are as follows: ① 10% of reported acquisition shares ② 25% of the average daily trading volume for one month calculated retroactively from the day before the board resolution date (The greater of ① and ② and the lesser of 1% of total issued shares)

| Category | Common Stock (shares) | Remarks | |----------|----------------------|----------| | ① 10% of reported acquisition shares | 10,000 |, | | ② 25% of average daily trading volume for one month | 1,661 | (August 18, 2026, September 17, 2026) | | ③ Greater of ① and ② | 10,000 |, | | ④ 1% of total issued shares | 92,000 |, | | Daily purchase order limit | 10,000 |, |

**Treasury Stock Acquisition Amount Limit**

| Item | Amount (KRW) | |------|---------------| | 1. Distributable Earnings Limit under Commercial Act as of end of prior fiscal year | | | a. Net Assets | 113,507,727,845 | | b. Capital | 6,733,070,000 | | c. Sum of capital reserves and earnings reserves accumulated through prior fiscal year | 10,901,418,149 | | d. Unrealized gains as prescribed by Presidential Decree | 250,538,200 | | Subtotal (a-b-c-d) | 95,622,701,496 | | 2. Treasury stock acquisition amount after end of prior fiscal year | 3,192,161,376 | | 3. Dividend amount resolved at regular shareholders' meeting after end of prior fiscal year and related earnings reserves | 1,308,740,690 | | 4. Quarterly/interim dividend amount resolved by board of directors after end of prior fiscal year and related earnings reserves | 1,309,264,590 | | 5. Trust contract amount |, | | 6. Acquisition cost of disposed shares upon treasury stock disposition after end of prior fiscal year (moving average method applied) | 4,389,617,994 | | **Treasury Stock Acquisition Amount Limit (1-2-3-4-5+6)** | **94,202,152,834** |

**Treasury Stock Holdings Before Acquisition Decision**

(Unit: shares)

| Acquisition Method | Stock Type | Beginning Balance | Changes Acquisition (+) | Changes Disposition (-) | Changes Cancellation (-) | Ending Balance | Remarks | |---|---|---|---|---|---|---|---| | **Within Distributable Earnings Range Acquisition** | | | | | | | | | Direct Acquisition On-market | Common Stock | 112,259 | 228,282 | 5,871 | 300,000 | 34,670 |, | | | Other Stock |, |, |, |, |, |, | | Off-market Direct Acquisition | Common Stock |, |, |, |, |, |, | | | Other Stock |, |, |, |, |, |, | | Public Tender Offer | Common Stock |, |, |, |, |, |, | | | Other Stock |, |, |, |, |, |, | | Subtotal (a) | Common Stock | 112,259 | 228,282 | 5,871 | 300,000 | 34,670 |, | | | Other Stock |, |, |, |, |, |, | | **Acquisition by Trust Agreement** | | | | | | | | | Trustee Holdings | Common Stock |, |, |, |, |, |, | | | Other Stock |, |, |, |, |, |, | | Physical Holdings | Common Stock |, |, |, |, |, |, | | | Other Stock |, |, |, |, |, |, | | Subtotal (b) | Common Stock |, |, |, |, |, |, | | | Other Stock |, |, |, |, |, |, | | **Other Acquisition (c)** | Common Stock |, |, |, |, |, |, | | | Other Stock |, |, |, |, |, |, | | **Total (a+b+c)** | Common Stock | 112,259 | 228,282 | 5,871 | 300,000 | 34,670 |, | | | Other Stock |, |, |, |, |, |, |

Note: 'Beginning Balance' refers to holdings as of the start of the fiscal year (January 1, 2026); 'Ending Balance' refers to holdings as of the disclosure form preparation date (September 18, 2026).