• Pavonine corrected its share-collateral disclosure on November 12, 2026, reflecting additional pledged shares and an extended loan term.
• Total pledged shares rose to 2,360,350 from 2,239,540.
• Full collateral enforcement would reduce largest shareholder Lee Je-hoon's stake to 5.81%, versus 6.88% previously disclosed, leaving 658,432 shares.
• The second Leadcorp loan's collateral period now ends May 12, 2027, extended from November 12, 2026.
• Total borrowings secured by the pledged shares stand at KRW 3.08 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. Pavonine 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: 20261112901039), on November 12, 2026, and is solely responsible for the information contained therein.