Conversion Price Downward Adjustment (KRW 845→650), Increased Potential Dilution

Conversion price for 16th CB lowered from KRW 845 to KRW 650 (23.1% decrease) due to market decline (contractual adjustment)
Based on KRW 10 billion outstanding principal, potential shares increase from 11,834,319 to 15,384,615 (~30% dilution increase)
Adjustment formula: higher of arithmetic average of 1-month, 1-week, latest VWAPs (KRW 649.71) and latest VWAP (KRW 544.50)
Effective date: 2026-04-30; automatic without separate board resolution

ADVERTISEMENT (250px+)