Artist Company's Major Shareholder Lee Jeong Jae's Stock Ownership Ratio Decreases by 0.20 Percentage Points

Artist Company (321820), a comprehensive entertainment enterprise, reported on July 15 that its major shareholder Lee Jeong Jae's stock ownership ratio decreased to 38.09% from 38.29%. The change stems from the removal of special relationships due to the resignation of the CEO and internal officers, along with the cancellation of stock purchase options approved by the board. As of July 15, 2026, Lee Jeong Jae's holdings total 422,588,200 shares (27.10%), while special relationship holder Jeong Wooseong holds 171,410,800 shares (10.99%). Total shares outstanding remain at 593,999,000, with no changes from the prior reporting date. The company's consolidated financials as of December 2025 show total assets of KRW 716 billion, liabilities of KRW 320 billion, and equity of KRW 396 billion. Revenue reached KRW 467 billion, with an operating loss of KRW 40 billion and net income of KRW 11 billion. The stock closed at KRW 2,135 on July 15, up 45 points (+2.15%) from the previous day.