Isido Steel's Largest Shareholder Kim Jun-nyeong Increases Ownership by 12.78 Million Shares... Expanding Stake via Subsidiary Esform's Public Purchase

Isido Steel (002690) announced on July 23, 2026, that its largest shareholder Kim Jun-nyeong and other major shareholders increased their holdings by 12.78 million ordinary shares, raising their combined ownership to 141.93 million shares (69.90%). This represents a 6.3 percentage point increase from 63.60% held as of October 16, 2025. The change involves Esform, a subsidiary, which acquired 13.78 million shares through a public tender, while officer Park Kyu-hyuk sold 100,000 shares. Current ownership details show Esform holds 54.96% (111.56 million shares), Kim Jun-nyeong owns 4.93% (10 million shares), and other related parties collectively hold 14.63% (30.03 million shares). The company's total issued shares are 203.036 million, with total assets of 176.4 billion won and net profit of 14 billion won for the December 2025 fiscal year.