#ChangeOfMajorShareholder

As of March 27, 2026, Daio Paper Corporation has changed to the largest major shareholder, holding 27,932,900 shares (voting rights ratio 17.59%).

As of December 26, 2025, Ayala First Investment Company acquired 88,548,900 shares (voting rights ratio of 11.17%) held by the Public Investment Fund, resulting in a change of major shareholders.