Article 178-8 (Scope of Major Shareholders, etc.)

Among the stocks, etc. falling under 「the Act」, Article 94, Paragraph 1, Subparagraph 3, Item c (hereinafter referred to as "foreign stocks, etc." in this Article and Article 178-9), foreign stocks, etc. falling under any of the following subparagraphs shall be excluded from the stocks, etc. under 「the Act」, Article 118-9, Paragraph 1 (hereinafter referred to as "stocks, etc. transferred abroad"). <Newly established 2026.2.27> 1. Foreign stocks, etc. whose total transfer value, as determined by 「the Act」, Article 118-10, Paragraph 1, owned by a person transferring abroad at the time of departure is 500 million won or less. 2. Stocks, etc. owned by a foreign director or employee who has provided labor in Korea for more than 80 percent of the period from 10 years prior to the departure date to the departure date, during which they resided in Korea or had a domicile in Korea (excluding daily workers, and limited to foreigners departing within 6 months from the date labor provision in Korea ends; hereinafter referred to as "foreign worker" in this Article). 3. Stocks, etc. acquired by the spouse and direct descendants aged 20 or under (referring to the date of turning 20 and the period prior thereto) of a foreign worker before the date the foreign worker began providing labor in Korea.