No, it doesn’t. It’s an HD project sourced from Blu-Ray material. Owning just the DVD and then getting this without owning the Blu-Ray is piracy as far as this site is concerned.
It’s equivalent to owning the GOUT DVD, but not the OT Blu-Ray, and downloading Harmy’s Despecialized anyway, despite the fact that Harmy uses the BR as a primary source.