Douzone Bizon : Decision on Acquisition of Treasury Stock

Decision on Acquisition of Treasury Stock

1. Number of shares to be acquired (shrs.)	Common stock	1,564,945
Different classes of stocks	-
2. Estimated acquisition amount (KRW)	Common stock	50,000,000,000
Different classes of stocks	-
3. Scheduled acquisition period	Start date	2022-06-16
End date	2022-09-15
4. Expected holding period	Start date	-
End date	-
5. Purpose of acquisition	Enhancing shareholder value
6. Acquisition method	On the floor purchase
7. Entrusted brokerage company	-Daiwa Securities Group Inc. -IBK SECURITIES CO., LTD. -EUGENE INVESTMENT&SECURITIES CO.,LTD. -Shinhan Investment Corp. -HANWHA INVESTMENT&SECURITIES CO., LTD.
8. Treasury stock holdings before acquisition	Acquisition within profits available for dividends (shrs.)	Common stock	-	Ratio (%)	-
Different classes of stocks	-	Ratio (%)	-
Acquisition for other reasons (shrs.)	Common stock	-	Ratio (%)	-
Different classes of stocks	-	Ratio (%)	-
9. Date of board resolution (decision date)	2022-06-15
- Attendance of outside directors	Present (No.)	2
Absent (No.)	0
- Attendance of auditors (members of Audit Committee who are not outside directors)	Present
10. Limit of buying order per day	Common stock	156,494
Different classes of stocks	-
11. Other matters to be factored into investment decisions	11. Other matters to be factored into investment decisions The "2. Estimated acquisition amount" above is the figures obtained by multiplying the number of scheduled acquisition shares by the closing price of the day before the resolution of the board of directors (KRW 31,950 on June 14, 2022), and the actual acquisition amount may change depending on future share price fluctuations. (Common stock KRW 50,000,000,000) The "4. Estimated holding period" above is six months or more from the latest date of acquisition. - "10. Limit of buying order per day" : 156,494 common shares ※ Calculation basis: The smaller quantity among[the larger quantity among ① and ②] and ③ ① 10% of the number of shares declared for acquisition : 156,494 common shares ② 25% of the average daily trading volume for 1 month from the day before the date of resolution of the board of directors: 35,104 common shares ③ 1% of the total number of issued shares : 314,779 common shares

【Limit to Acquiring Treasury Stock】

Category	Amount (KRW)
1. Limit to "profits available for dividends" in the Commercial Act as of the immediately preceding fiscal year end	ⓐ. Net assets	490,453,339,666
ⓑ. Amount of capital	15,738,996,500
ⓒ. Total amount of capital reserves and earned surplus reserves accumulated up to preceding fiscal year	234,774,302,167
ⓓ. Unrealized gains as prescribed by Presidential Decree	798,876,153
Sub total (ⓐ-ⓑ-ⓒ-ⓓ)	239,141,164,846
2. Acquired amount of treasury stock after previous fiscal year end	-
3. Amount of 'dividends' and related 'earned profit reserves' decided at annual general meeting of shareholders after previous fiscal year end	18,012,386,439
4. Amount of 'interim/quarterly dividends' and related 'earned profit reserve' decided at the board of directors after previous fiscal year end	-
5. Amount of trust contract	-
6. Acquisition cost of treasury stock sold after previous fiscal year end (moving average method)	-
Limit of acquisition of treasury stock (1-2-3-4-5+6)	221,128,778,407

【Holding Amount of Treasury Stock before Decision on Treasury Stock Acquisition】

(in shrs.)

Methods of acquisition	Type of stocks	Beginning balance	Change	Closing balance	Remarks
Acquisition (+)	Disposal (-)	Share retirement (-)
Amount of shares 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 shares indirectly held through trust contracts	Common stock	-	-	-	-	-	-
Different classes of stocks	-	-	-	-	-	-
Number of shares directly held	Common stock	-	-	-	-	-	-
Different classes of stocks	-	-	-	-	-	-
Sub total (b)	Common stock	-	-	-	-	-	-
Different classes of stocks	-	-	-	-	-	-
Amount of shares acquired for other reasons (c)	Common stock	-	-	-	-	-	-
Different classes of stocks	-	-	-	-	-	-
Total (a+b+c)	Common stock	-	-	-	-	-	-
Different classes of stocks	-	-	-	-	-	-