21st CB Conversion Price Adjustment: Significant Upward Revision Due to Market Price Rise and Capital Reduction

Conversion price of 21st CB adjusted upward from KRW 992 to KRW 4,100 (due to market price rise and capital reduction).
Reason for adjustment: market price increase and capital reduction decision (capital reduction resolved on 2026-03-12, approved at AGM on 03-27, effective 04-14).
Number of shares issuable upon conversion decreased from 10,181,451 to 2,463,414 (based on outstanding principal of KRW 10.1 billion).
Effective date of conversion price: 2026-05-07.
Other: Adjustment made per terms of instrument without separate board resolution.

ADVERTISEMENT (250px+)