• HB Technology cut its stake in HB Solution to 20,124,500 shares from 23,747,860 as of Sept. 22, 2026.
• Ownership fell to 27.51% from 34.59%, maintaining its position as the largest shareholder.
• Drop reflected the expiry of conversion rights on 3,318,584 convertible bonds, partly offset by related-party open-market buying.
• Dilution also weighed as total shares outstanding rose by 7,809,958 due to new shares issued from bond conversions, stock options.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. HB Solution Co. Ltd. published the original content used to generate this news brief via DART, the regulatory disclosure system operated by the South Korea Financial Supervisory Service (FSS) (Ref. ID: 20260923000528), on September 23, 2026, and is solely responsible for the information contained therein.