Exercise of 3 Billion Won Convertible Bond into 996,346 Shares

Exercise of conversion rights for the 4th unregistered unsecured private convertible bond worth 3 billion won (conversion price 3,011 won), issuing 996,346 shares (4.14% of total outstanding shares).
Expected listing date of new shares: May 27, 2026.
Remaining convertible bond balance after conversion: 11.14 billion won, convertible into 3,699,767 shares.

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