[Disclosure] Hanwha Ocean (042660) Files Amendment on Subsidiary ‘Hanwha Ocean USA Holdings Corp.’ Paid-in Capital Increase, Confirming Completion of Payment

Source of Facts: Financial Supervisory Service DART / 2025-12-22

Disclosure Type: Decision on Paid-in Capital Increase (Major Management Matters of a Subsidiary) (Amendment)

💡 3-Second Summary

Hanwha Ocean’s US-based subsidiary, Hanwha Ocean USA Holdings Corp., has completed its paid-in capital increase valued at approximately KRW 153.2 billion as of December 22, 2025. Following the final payment, the scheduled payment date has been formally updated to the actual completion date of December 22, 2025.

📊 1. [Key Disclosure Content & Major Figures Summary]

• Subject Subsidiary: Hanwha Ocean USA Holdings Corp.
  • Representative: Yeon-Seong Jang / Core Business: Maritime service / Major Subsidiary Status: No
  • Total Assets of Subsidiary: KRW 1,289 (Based on the end of fiscal 2023, representing 0% of the controlling company Hanwha Ocean’s consolidated total assets of KRW 13,944,772,692,394).
• Initial Filing Date: February 18, 2025 (Amendment filing date: December 22, 2025)
• Reason for Amendment: Change in the scheduled payment date following the completion of the capital increase.
• Details of New Shares Issued:
  • Class and Number of New Shares: 1,063 common shares
  • Par Value per Share: KRW 1,441.10
  • Total Number of Issued Shares Before Capital Increase: 4,002 common shares
  • Method of Capital Increase: Shareholder-allocated paid-in capital increase
• Comparison of Procurement Purpose & Issuance Price (Before vs. After Amendment) (Unit: KRW):
  • Acquisition of Securities of Other Corporations: 153,200,000,000 (Approx. KRW 153.2B) (Unchanged)
  • Issuance Price per Share (Confirmed): 153,200,000,000 (Approx. KRW 153.2B) (Unchanged)
  • Number of New Shares Allocated per Share: 0.2656172 shares
• Comparison of Payment Dates (Before vs. After Amendment):
  • Payment Date: (Before) December 31, 2025 (Scheduled final deadline) ➡️ (After) December 22, 2025 (Date of completion)
• Board Resolution Date (Decision Date): February 18, 2025 (The date of board approval of Hanwha Ocean USA Holdings Corp.)
• Exchange Rate Standard: The recorded KRW metrics for par value, funding objective, and issuance price were translated based on the trading standard exchange rate of 1 USD = 1,441.10 KRW posted by the Seoul Foreign Exchange Brokerage as of the initial board resolution date (February 18, 2025), rounded to the nearest one hundred million won.

📈 2. [Expert View: What This Disclosure Means for Investors]

• Official Registration of Capital Procurement Completion: This filing officially registers the final administrative conclusion of the paid-in capital increase for Hanwha Ocean USA Holdings Corp., which was initially decided on February 18, 2025. The final payment date parameter has been formally entered into the corporate record as December 22, 2025, confirming the complete execution of the transaction.
• Quantitative Metrics of Funding Allocation: The capital procurement valued at approximately KRW 153.2 billion for the acquisition of securities of other corporations has been completed through the issuance of 1,063 common shares. This registers the finalized securing of the quantitative funding target officially designated for the target entity.

📝 Editor’s Comment (by K-STOCK Editor)

Hanwha Ocean’s amended regulatory filing regarding the decision on paid-in capital increase outlines the completed payment timeline established for its foreign subsidiary, Hanwha Ocean USA Holdings Corp. According to the document, the KRW 153.2 billion capital procurement intended for the acquisition of securities of other corporations was formally closed on December 22, 2025, through the issuance of 1,063 common shares, finalizing the administrative phase.

The critical variables and primary checkpoints for investors to analyze moving forward are the ‘confirmed completion date of December 22, 2025’ and the ‘exact figures entered into the financial record.’ This filing registers the execution of the equity purchase and the completion of the payment schedule within the subsidiary framework.

Consequently, investors should analyze the situation based on the completed transaction details as of December 22, 2025, as stated in the filing. It remains essential to monitor the verified financial statements and track the completed entries listed in the document as part of the official corporate disclosure, recognizing that the historical reference exchange rate of 1,441.10 KRW/USD as of February 18, 2025, remains the established baseline for the translated figures.

📢 Disclaimer & Source Information

Source: This content was newly structured and written based on the official data submitted to the Financial Supervisory Service’s Electronic Disclosure System (DART).

Investment Risk Advisory: This information is provided for informational and linguistic reference purposes only. Under no circumstances does it constitute financial advice or a recommendation to buy or sell specific stocks. All investment decisions and financial responsibilities rest entirely with the investor.

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