Liquidation: POSCO HOLDINGS INC.

Form Type: 20-F

Filing Date: 2025-04-30

Corporate Action: Liquidation

Type: Update

Accession Number: 000119312525104983

Filing Summary: As of December 31, 2024, the entities associated with POSCO HOLDINGS INC. are classified as consolidated subsidiaries, reflecting the Group's control over these investees, even though their ownership percentage is 50% or less. Notably, during the fiscal year ending December 31, 2024, it was reported that certain entities were excluded from being classified as associates due to their ongoing liquidation process. The financial performance of subsidiaries POSCO AUSTRALIA PTY LTD and Senex Holdings PTY LTD has been summarized within consolidated information, indicating that significant financial adjustments, including a write-off totaling ￦127,180 million occurring over the fiscal years of 2023 and 2024, have impacted overall performance.