• Sempio Foods will absorb its parent, Sempio, with the merger scheduled to take effect Feb. 1, 2027.
• Sempio shareholders will receive 2.0881235 common shares per share, with 4,208,546 new common shares planned.
• The merger will combine investment management with food manufacturing operations, consolidating funding for expansion and eliminating intercompany trademark royalties.
• The surviving company plans to cancel 2,255,842 inherited common shares within one year, raising Park Jin-sun’s expected stake to 31.51%.
• Shareholder votes are scheduled for Dec. 17, 2026; the parties may terminate by mutual agreement if share repurchase demands exceed KRW 60 billion.

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. Sempio Foods Co. 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: 20261030000482), on October 30, 2026, and is solely responsible for the information contained therein.