1. What Happened? : Treasury Stock Disposal Decision

Kangdong C&L decided to dispose of 23,000 common shares (0.04% of total shares) on August 11, 2025, to pay employee bonuses.

2. Why This Decision? : Background and Purpose of the Disposal

The purpose of this treasury stock disposal is to pay employee bonuses. As the number of disposed shares is only 0.04% of the total shares, it is expected to have little impact on the company’s financial structure.

3. So What? : Impact of Treasury Stock Disposal

Given the small volume of disposal and the clear purpose, the short-term impact of this treasury stock disposal on the stock price is expected to be limited. However, fundamental issues such as weak Q1 2025 earnings, declining profitability of the cement business, investment burden of the leisure business, and high debt ratio are still important factors in investment decisions.

4. What Should Investors Do? : Action Plan

The current investment opinion is ‘Neutral’. While short-term stock price volatility is not expected to be significant, investors should closely monitor the turnaround of the cement business, growth of the leisure business, and improvement in financial soundness over the medium to long term. It is important to continuously monitor future earnings announcements, financial structure improvement plans, and changes in macroeconomic indicators.