Kyobo Securities Issues Two ELNs Based on Samsung Electronics and SK Hynix

Kyobo Securities reports issuance of two equity-linked securities (ELN) on May 14, 2026 (Series 12480 and 12481)
Series 12480: Underlying Samsung Electronics common stock, total offering amount KRW 9,950 million, actual proceeds KRW 29,850,000 (3,000 securities, face value KRW 10,000, issue price KRW 9,950)
Series 12481: Underlyings Samsung Electronics & SK Hynix common stocks, offering amount KRW 9,950 million, actual proceeds KRW 9,950,000 (1,000 securities)
Both unlisted, with automatic early redemption condition (100% of initial price), monthly coupon (12480: 0.41%, 12481: 0.545%) subject to barrier (80% of initial price), maturity Nov 17, 2027
Proceeds used for hedging derivatives and stock trading
Issuance costs: Series 12480: KRW 1,490; Series 12481: KRW 490
Routine financing activity, unrelated to shareholder returns

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