Decision on Entering into Trust Contract for Acquisition of Treasury Stock
1. Contract amount (KRW) 10,000,000,000
2. Contract period Start date 2022-08-12
End date 2023-08-11
3. Purpose of contract To stabilize stock prices and
enhance shareholder value
4. Counterparty (trust company) NH Securities
(NH INVESTMENT & SECURITIES CO.,LTD.)
5. Scheduled contract date 2022-08-12
6. Treasury stock holdings before contract Acquisition within profits available for dividends (shrs.) Common stock 121,151 Ratio (%) 2.4
Different classes of stocks - Ratio (%) -
Acquisition for other reasons (shrs.) Common stock 24 Ratio (%) 0.0
Different classes of stocks - Ratio (%) -
7. Date of board resolution (decision date) 2022-08-12
- Attendance of outside directors Present (No.) 1
Absent (No.) 0
- Attendance of auditors (members of Audit Committee who are not outside directors) Present
8. Entrusted brokerage company NH Securities
(NH INVESTMENT & SECURITIES CO.,LTD.)
9. Other matters to be factored into investment decisions - This contract concerns entering into a new trust contract for acquisition of treasury stock.

- The 121,151 shares of "Acquisition within profits available for dividends (shrs.) - Common stock" of "6. Treasury stock holdings before contract" above are the number of shares acquired by August 11, 2022, the date immediately before "7. Date of board resolution (decision date)," and was prepared based on the date of execution of share purchase and sales.

- The 24 shares of "Acquisition for other reasons (shrs.) - Common stock" of "6. Treasury stock holdings before contract" above are the treasury stocks received from the Korea Securities Depository on December 29, 2020, as a result of a par value merger in 1984.
【Limit to Acquiring Treasury Stocks】
Category Amount (KRW)
1. Limit to "profits available for dividends" in the Commercial Act as of the immediately preceding business year end ⓐ. Net assets 362,176,922,877
ⓑ. Amount of capital 12,524,652,500
ⓒ. Total amount of capital reserve and earned surplus reserves accumulated up to preceding business year 144,913,646,728
ⓓ. Unrealized gain as prescribed by Presidential Decree 692,419,309
Sub total (ⓐ-ⓑ-ⓒ-ⓓ) 204,046,204,340
2. Acquired amount of treasury stock after previous fiscal year end 3,686,738,800
3. Amount of 'dividends' and related 'earned profit reserve' decided at annual general meeting of shareholders after previous fiscal year end -
4. Amount of 'interim/quarterly dividends' and related 'earned profit reserves' decided by board of directors after previous fiscal year end -
5. Amount of trust contract 10,000,000,000
6. Acquisition cost of treasury stock sold after previous fiscal year end (moving average method) -
Limit to acquisition of treasury stock (1-2-3-4-5+6) 190,359,465,540
【Holding Amount of Treasury Stock before Decision to Enter into Trust Contract】
(in shrs.)
Methods of acquisition Type of stocks Beginning balance Change Closing balance Remarks
Acquisition (+) Disposal (-) Share retirement (-)
Amount of stocks acquired within profits available for dividends Direct acquisition Direct acquisition in exchange Common stock - - - - - -
Different classes of stocks - - - - - -
Direct acquisition in OTC Common stock - - - - - -
Different classes of stocks - - - - - -
Tender offer Common stock - - - - - -
Different classes of stocks - - - - - -
Sub total (a) Common stock - - - - - -
Different classes of stocks - - - - - -
Acquisition by trust contract Number of stocks indirectly held through trust contracts Common stock 11,679 58,163 - - 69,842 -
Different classes of stocks - - - - - -
Number of stocks directly held Common stock 51,309 - - - 51,309 -
Different classes of stocks - - - - - -
Sub total (b) Common stock 62,988 58,163 - - 121,151 -
Different classes of stocks - - - - - -
Amount of stocks acquired for other reasons (c) Common stock 24 - - - 24 -
Different classes of stocks - - - - - -
Total (a+b+c) Common stock 63,012 58,163 - - 121,175 -
Different classes of stocks - - - - - -

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Chongkundang Holdings Corp. published this content on 17 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 17 August 2022 05:13:05 UTC.