(1) A company that meets the criteria prescribed by Presidential Decree in terms of its total assets, etc. (excluding a company engaging in financial business or insurance business), among domestic member companies of a business group subject to disclosure, other than a listed corporation, shall disclose any of the following matters; provided, matters disclosed pursuant to Article 26 shall be excluded herefrom: <Amended on Feb. 6, 2024>
1. Matters prescribed by Presidential Decree which are material facts about its ownership and corporate governance, such as the current status of shareholdings of the largest shareholder and major shareholders prescribed by Presidential Decree, any change therein (excluding the current status of executive officers and any changes thereof);
2. Matters prescribed by Presidential Decree which cause material changes in its financial structure, including acquisition of assets or shares, donations, provision of security, and the underwriting of and exemption from liabilities;
3. Matters prescribed by Presidential Decree which are material facts in relation to its management, including transfer or acquisition by transfer of business, a merger or division, and share swaps or exchanges.
(2) Article 26(2) and (3) shall apply mutatis mutandis to disclosure prescribed in paragraph (1).