Convertible Bond Issuance Reduced from 27B to 14.7B Won Due to Partial Non-Payment

Celemics corrected its convertible bond issuance from 27B won to 14.7B won due to partial non-payment by some investors.
Conversion price remains at 8,324 won, but number of shares issuable decreased from 3,243,632 to 1,765,977, lowering dilution ratio from 25.43% to 17.78%.
Including existing convertible bonds (4B won), total potential dilution reaches 38.15% of outstanding shares.
Major shareholder Park Jong-gap invested 2B won unchanged; some investors like Jo Kyeong-an (0.8B), Lee Min-ho (1B) unchanged, but Supisho New Technology Investment Association 1 reduced from 20B to 8.5B.
Use of proceeds reduced: workforce expansion and market development from 1.9B to 0.8B, intangible assets and overseas operations from 0.8B to 0.67B.
Put option terms unchanged: exercisable every 6 months from April 28, 2028, with early redemption yields of 104.18% (1st) and 105.30% (2nd).

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Filing: [Correction of Description] Report on Major Matters (Decision on Issuance of Convertible Bonds)
Company: Celemics (331920)
Submission: Celemics, Inc.
Receipt: 04-29-2026