Replies to post #45108 on Coretec Group Inc (CRTG)

[iamthe walrus]

Part of the KIB Plug Filing today
VII. Matters Related to Shareholders

1. Status of Stock Ownership by Largest Shareholder and Specially Related Person

A. Status of Stock Ownership by Largest Shareholder and Specially Related Person

(Record date: 2024.12.31) (Unit: shares, %)
Name Relationship Type of shares Number of shares held and shareholding ratio Note
Beginning of the period End of the period
Number of shares Shareholding ratio Number of shares Shareholding ratio
The Coretec Group Inc. Largest Shareholder Common Stock 0 0.00 41,957,581 17.70 -
Total Common Stock 0 0.00 41,957,581 17.70 -
- - - - - -
*The largest shareholder, The Coretec Group Inc., acquired additional shares on January 15, 2025,
holding a total of 52,862,216 shares, or 22.31% of the shares.

B. Major career and overview of the largest shareholder

(1) Basic information of the largest shareholder (corporation or organization)

Name Number of shareholders
(persons) Representative director
(Representative member) Executive officer
(Executive member) Largest shareholder
(Largest investor)
Name Shareholding (%) Name Shareholding (%) Name Shareholding (%)
The Coretec Group Inc. 77 Antti Uusiheimala - - - Core SS LLC 55.81
- - - - - - -

(2) Financial status of the largest shareholder (corporation or group) for the most recent fiscal year

(Unit: million won)

Classification
Name of corporation or group The Core Tech Group
Total assets 16,370
Total liabilities 6,538
Total capital 9,832
Sales 6,326
Operating income -3
Net income for the period 4

(3) Key information that may affect the stability of the company's management, such as business status

- None

D. Overview of the largest shareholder of the largest shareholder

(1) Basic information of the largest shareholder (corporation or organization) of the largest shareholder

Name Number of shareholders
(persons) Representative director
(Representative partner) Executive director
(Executive partner) Largest shareholder
(Largest shareholder)
Name Share (%) Name Share (%) Name Share (%)
Core SS LLC 5 Ebert Michael Ussery - - - Core SS Sherpa LC 72.27
- - - - - -

(2) Financial status of the largest shareholder (corporation or organization) of the largest shareholder for the most recent fiscal year

(Unit: million won)

Type
Name of corporation or organization Core SS LLC
Total assets 41,528
Total liabilities -
Total capital 41,528
Sales -
Operating income -
Net income for the period -

2. Changes in the largest shareholder

Changes in the largest shareholder

(Base date: December 31, 2024 ) (Unit: shares, %)
Change date Largest shareholder name Number of shares owned Shareholding ratio Change reason Remarks
May 19, 2023 Qrocom Co., Ltd. 47,255,695 20.19 Change in shareholding ratio due to exercise of CB conversion rights -
June 21, 2023 Qrocom Co., Ltd. 47,255,695 19.94 Change in shareholding ratio due to exercise of CB conversion rights -
July 13, 2023 KIB Energy
Infra Holdings Co., Ltd. 54,817,065 23.14 Change in largest shareholder -
July 13, 2023 KIB Family
Blind Co., Ltd. 15,804,086 6.67 Change in largest shareholder -
February 2, 2024 KIB Family
Blind Co., Ltd. 20,680,078 8.73 Acquisition of shares in affiliated companies -
February 15, 2024 KIB Family
Blind Co., Ltd. 17,367,308 7.33 Change in share ratio due to on-exchange sale -
February 16, 2024 KIB Family
Blind Co., Ltd. 15,660,211 6.61 Change in share ratio due to on-exchange sale -
February 29, 2024 KIB Family
Blind Co., Ltd. 14,859,178 6.27 Change in share ratio due to on-exchange sale -
May 8, 2024 KIB Family
Blind Co., Ltd. 6,000,000 2.53 Change in share ratio due to on-exchange sale -
June 3, 2024 Open Asia Company (Co., Ltd.) 14,000,000 5.91 Change in largest shareholder -
June 13, 2024 Open Asia Company (Co., Ltd.) 24,649,791 10.40 Change in stake due to on-market purchase -
July 18, 2024 Open Asia Company (Co., Ltd.) 27,020,000 11.40 Change in stake due to on-market purchase -
July 23, 2024 Open Asia Company (Co., Ltd.) 27,110,000 11.44 Change in stake due to on-market purchase -
December 18, 2024 The Coretec Group Inc. 41,957,581 17.70 Change in largest shareholder -
* This is the change in largest shareholder over the past 3 years. * The company's largest shareholder has changed from Open Asia Company (Co., Ltd.) to The Coretec Group Inc.

3. Shareholder Distribution

A. Shareholder Ownership Status

(Record date: 2024.12.31) (Unit: shares)
Category Shareholder name Number of shares held Shareholding ratio (%) Note
Shareholders holding a 5% or more stake The Coretec Group Inc. 41,957,581 17.70 -
- - - -
Employee Stock Ownership Association - - -

B. Minority Shareholder Status
(Record date: 2024.12.31) (Unit: shares)
Category Shareholders Shares held Note
Number of minority shareholders Total number of shareholders Ratio (%) Number of minority shares Total number of shares issued Ratio (%)
Minority shareholders 13,545 13,553 99.94 160,679,031 236,981,544 67.80 -
Minority shareholders are shareholders who own less than 1/100 of the total number of shares with voting rights as of the closing date of the most recent shareholder register, December 31, 2024.