TAM Development Company Announces a Clarification Regarding Treasury Shares Allocated to the Employee Stock Program
| Element List | Explanation |
|---|---|
| Announcement Detail | Tam Development Company announces an update regarding the company's treasury shares previously allocated to the Employee Stock Program, as stated in the offering prospectus.
The company would like to clarify that on Tuesday, September 30, 2025, 12,052 shares were transferred to eligible employees.
Accordingly, the treasury shares are as follows: Before distribution: (364,793 shares) (9.967%) After distribution: (352,741 shares) (9.634%)
The company confirms that the transfer was made from existing treasury shares, without issuing new shares or selling any of its shares. Therefore, this transaction will not result in any dilution of existing shareholders' shares or any material financial impact. The company also wishes to note that the distribution of shares to eligible employees will continue over the coming period, from the treasury shares previously allocated to the Employee Stock Program, as previously stated. |
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