POSCO FUTURE M

- The executive team, including CEO Gi-chen Eom, purchases a total of 5,153 shares on the market

- Demonstrates confidence in business growth and commitment to responsible management, actively participating in new share issuance for paid-in capital increase

- Capital increase funds to expand domestic and international production capacity, enhance business competitiveness through the establishment of an independent supply chain

All executives at POSCO Future M, including CEO Gi-chen Eom, have purchased 5,153 shares of company stock on the market. This demonstrates their confidence in the company’s business growth vision and their commitment to enhancing shareholder value through responsible management.

POSCO Future M disclosed its executives’ company stock holdings on the 28th. CEO Gi-chen Eom purchased 700 shares, Technology Research Institute Director Young-jun Hong purchased 460 shares, Business Planning Division Head Dae-hyung Jung purchased 500 shares, and Energy Materials Business Division Head Tae-il Yoon purchased 500 shares each. Other Non-Executive Director Seong-rae Cheon (POSCO Holdings Business Synergy Division Head) also purchased 500 shares, with all 16 executives participating in stock purchases during the paid-in capital increase period.

This disclosure covered executives who purchased shares on the market from the 21st to the 23rd. Executives who made purchases after the 23rd will be disclosed next week. The executives also plan to actively participate in purchasing new shares issued for the paid-in capital increase as shareholders.

POSCO Future M previously disclosed treasury stock purchases by executives newly appointed in the first quarter. Currently, all executives collectively hold a total of 10,738 shares, including those of CEO Gi-chen Eom, 1,110 shares, which demonstrates their commitment to responsible management.

POSCO Future M resolved a 1.1 trillion won capital increase on the 13th. Major shareholder POSCO Holdings decided to invest 525.6 billion won by acquiring 100% of the new shares corresponding to its existing ownership stake of 59.7% in the capital increase. This participation strengthens responsible management of the group’s core businesses.

With funds raised through this paid-in capital increase, POSCO Future M will complete investments in key domestic and international production bases, including the Canadian cathode material joint venture plant, expansions of cathode material plants in Pohang and Gwangyang, and construction of new spherical graphite plants for anode materials, thereby enhancing business competitiveness.

In particular, upon completion of the recently decided spherical graphite plant for anode materials, the company expects to enjoy distinctive premiums in the global anode material market by achieving independence in its anode material supply chain. Additionally, the U.S. Department of Commerce (DOC) issued a preliminary determination this month to impose countervailing duties exceeding 700% on Chinese anode materials, and market demand for POSCO Future M’s anode materials is expected to increase significantly going forward.

CEO Gi-chen Eom stated, “Through this capital increase, we plan to complete investments in preparation for full-scale growth following market demand recovery and secure future competitiveness through improved financial structure,” adding, “We will maximize shareholder value by establishing an independent supply chain.”

POSCO Future M is also focusing on strengthening R&D capabilities and diversifying its product portfolio.

The company is organically linking with research capabilities within the group, including POSCO Holdings’ POSCO N.EX.T Hub, POSTECH Industry-Science Research Institute (RIST), and POSTECH, to develop new products targeting the entry market, such as high-voltage Mid-Ni, LMR, and LMFP cathode materials. For LFP cathode materials, multiple customers have made requests, and the company is reviewing various commercialization approaches, including technology partnerships and joint ventures. LMR cathode materials, in particular, have recently completed technology development, including successful pilot production last year. The company plans to secure mass production technology within this year and actively pursue large-scale contract orders.

For anode materials, the company plans to capture the global market through the development of high-value-added products, including low-expansion natural graphite anode materials and high-capacity silicon-carbon composite (Si-C) anode materials.