KISCO Holdings to Take Korea Steel Fully Private Through Share Swap

• KISCO Holdings plans to make Korea Iron & Steel a wholly owned subsidiary through a share swap on March 2, 2027.
• Shareholders will receive 0.4261670 new parent-company common shares per subsidiary common share; the subsidiary will subsequently delist.
• The swap requires shareholder approval at meetings scheduled for January 29, 2027.
• A separate tender offer will run November 2–23, 2026, at KRW 13,000 per subsidiary common share.
• The parent plans to issue up to 3,661,911 common shares under the swap.

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. KISCO Holdings Corp. 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: 20261030800715), on October 30, 2026, and is solely responsible for the information contained therein.