GS : Inclusion of Subsidiary in Holding Company

Inclusion of Subsidiary in Holding Company

1. Details of subsidiary	A. Company name	GS Ventures Co., Ltd.
B. Representative	Jun-nyeong Huh
C. Main business	Investment on new technology projects, establishment of new technology projects association and management/operation of funds
D. Financial status of the latest fiscal year (KRW mn)	Total assets	-
Total liabilities	-
Total shareholders' equity	-
Capital stock	-
2. Shareholding ratio of subsidiary	Before inclusion	Shares held (shrs.)	-
Shareholding ratio (%)	-
After inclusion	Shares held (shrs.)	2,000,000
Shareholding ratio (%)	100.0
3. Percentage of value of shares held to total assets	Before inclusion	Value of shares held (KRW mn)	-
Percentage in total assets (%)	-
After inclusion	Value of shares held (KRW mn)	10,000
Percentage in total assets (%)	0.2
4. Total number of subsidiaries	Before inclusion	6
After inclusion	7
5. Reasons for inclusion	Incorporation
6. Date of inclusion	2022-01-07
7. Date of board resolution (decision date)	2022-01-07
- Attendance of outside directors	Present (No.)	-
Absent (No.)	-
- Attendance of auditors (members of Audit Committee who are not outside directors)	Present
8. Other matters to be factored into investment decisions	* "1. Details of subsidiary - D. Financial status of the latest fiscal year (KRW mn)" is not entered as the corporation was newly incorporated in Jan 2022. * "3. Percentage of value of shares held to total assets - Percentage in total assets (%)" is based on the total assets on GS Holdings' separate financial statements as of the end of 2020. * "6. Date of inclusion" is based on the date of incorporation.
※ Related disclosure	-