Disclosures

Samsung Asset Management filed a simplified large-shareholding report disclosing that its stake fell from 8.11% (3,006,275 shares) to 7.12% (2,636,897 shares), a decrease of 369,378 shares or 0.99 percentage points. The position change is reported for simple investment purposes, not for influencing management, and includes shares delegated to Samsung Active Asset Management. Detailed transactions in early February 2026 show a mix of ETF creations/redemptions and on-market purchases, but the net effect since the prior report on February 5, 2026 was a reduction. As a simplified filing by a professional institutional investor, this is a routine portfolio adjustment rather than a strategic move.

Samsung Asset Management disclosed an increased holding in ISC from 5.08% (1,077,810 shares) to 6.32% (1,340,264 shares), a net gain of 262,454 shares since the prior report dated February 9, 2026. The filing is a simplified (abbreviated) 5% report under the Financial Investment Services and Capital Markets Act, indicating the purpose is simple investment, not management influence. The shares are held primarily through customer accounts (집합투자 / discretionary mandates), and changes reflect routine market buying/selling plus ETF creation/redemption activity. As a passive institutional accumulation rather than activist positioning, the disclosure signals continued institutional confidence but carries limited direct catalyst weight.

The largest shareholder, Park Young Jun, filed an amended 5%-rule disclosure after purchasing an additional 10,000 shares on the open market. Combined holdings with related parties rose from 5,844,238 shares (40.34%) to 5,854,238 shares (40.41%) out of 14,486,386 voting shares outstanding. The stated purpose is to influence management, consistent with his role as CEO and controlling shareholder. While the incremental purchase is small (0.07pp), insider buying by the controlling shareholder generally signals confidence in the company's outlook.

The company filed its FY2025 corporate governance report, disclosing compliance with only 5 of 15 key governance indicators (33.3% compliance rate). Notably, the internal audit body newly added an accounting/finance expert this period, marking an improvement from the prior year. The board remains 33.3% independent (one outside director), meeting the legal minimum but offering limited independent oversight. The largest shareholder group (Young Poong and 6 related parties) holds 52.90%, while minority shareholders hold 43.45%. Consolidated FY2025 results show a sharp turnaround, with operating profit of KRW 53.8 billion versus a KRW 33.2 billion loss in FY2024, and net income of KRW 53.8 billion versus a KRW 129.0 billion loss.

CEO and de facto controlling shareholder Park Young Jun acquired an additional 10,000 common shares through open-market purchases on May 28 and June 1, 2026, lifting his holdings from 3,268,470 to 3,278,470 shares (22.56% → 22.63%). The purchases were made at 6,600 won (1,000 shares) and 6,369 won (9,000 shares) per share, totaling roughly 64 million won. Insider buying by the top executive at current price levels is typically viewed as a signal of management confidence in the company's valuation. The transaction size is small relative to total shares outstanding (14,486,386), so the direct ownership impact is marginal.

The company filed its 2025 Corporate Governance Report, reporting a 66.7% compliance rate with key governance indicators, up from the prior year due to newly adopted CEO succession and executive appointment policies. The board remains majority-independent (4 of 7 directors are outside directors), though the CEO continues to serve as board chair and the board lacks gender diversity. Consolidated revenue fell to KRW 1,639.1 billion (from KRW 1,865.6 billion) and net income declined to KRW 82.6 billion (from KRW 130.5 billion). The company improved dividend predictability by setting the record date (Feb 27, 2026) after the dividend confirmation date (Feb 5, 2026), but still does not publish a formal written dividend policy. Largest shareholder LX Holdings and two related parties hold 33.11%, with minority shareholders at 66.89%.

This is the annual mandatory disclosure of the Samsung business group's structure, filed under the designated controlling person Lee Jae-yong. The filing reports six overseas affiliates that directly or indirectly hold stakes in domestic affiliates, including Harman International Industries, Samsung Electronics America, and the D&M/DEI/Viper Holdings chain — all 100%-owned within the group. No overseas affiliates are held directly by the controlling family (20%+ thresholds), and intra-group ownership remains fully consolidated. This is a routine regulatory filing with no changes to shareholding structure or business operations.

The company will hold an IR briefing on June 4, 2026 in Seoul for major domestic institutional investors, sponsored by LS Securities. The session will cover the H2 2026 outlook and expansion into new overseas markets, including entry into the AI system semiconductor (foundry, OSAT) market with new 2.5D Package TC Bonders (40/120), launch of a new-concept TC Bonder for the HBF (High Bandwidth Flash) market, and participation in the US-led AI semiconductor alliance covering Big Tech, memory, and foundry players. The briefing signals a strategic pivot beyond HBM into broader AI packaging equipment demand. Schedule is subject to change.

The company filed its annual corporate governance report for FY2025, disclosing a 40% compliance rate with the 15 core governance indicators set by the Korea Exchange. Compared with the prior period, the company newly adopted electronic voting, avoided concentrated AGM dates, and began holding quarterly meetings between the internal audit body and external auditors without management present. However, key gaps remain: no 4-week advance AGM notice, no formal CEO succession plan, no internal control/risk management policy, no independent audit support organization, no board gender diversity, and the board chair is not an independent director. The board consists of just 2 inside directors and 1 outside director, and the largest shareholder (Kwak Dong-shin) holds 55.75% with minority shareholders at 38.43%. Consolidated FY2025 revenue rose to KRW 576.7 bn (vs. KRW 558.9 bn prior), though operating profit slipped slightly to KRW 251.4 bn; net income recovered to KRW 214.0 bn.

The company filed its annual Corporate Governance Report covering FY2025, reporting an 86.7% compliance rate with the 15 key governance indicators. The board comprises 3 inside directors and 5 outside directors, maintaining an outside-director majority, with outside director Shin Je-yoon appointed as board chair in March 2025. Consolidated FY2025 results show revenue of KRW 333.6 trillion (+10.9% YoY), operating profit of KRW 43.6 trillion (+33.2% YoY), and net income of KRW 45.2 trillion (+31.2% YoY). Non-compliance remains in two areas: dividend predictability disclosure and cumulative voting adoption. The largest shareholder group (Samsung Life and 14 affiliates/foundations) holds 19.71%, while minority shareholders hold 66.04%.