M2N Revises Largest Shareholder’s Pledged Shares to 7,048,007

M2N corrected its share-pledge disclosure on Oct. 15, 2026, to reflect contract extensions and additional collateral, rather than repayment. Largest shareholder DK Marine's pledged shares rose to 7,048,007 from 6,543,007, potentially reducing its stake to 3.39% if all pledges are enforced. Namyang Savings Bank's collateral increased to 1,455,000 shares from 950,000; the pledge now expires Oct. 15, 2027. Cape Investment & Securities' renewed pledge agreement expires Jan. 14, 2027, replacing the Oct. 16, 2026, maturity. 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. M2N 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: 20261015900807), on October 15, 2026, and is solely responsible for the information contained therein. (C)