Decision to Issue 5 Billion KRW BW, Exercise Price 5,424 KRW (9.9% Premium) and 7.94% Dilution

Decision to issue 5 billion KRW 2nd unsecured private bond with warrants (BW), proceeds of 5 billion KRW for operating funds.
Coupon 0%, yield to maturity 1.5%, maturity May 28, 2031, principal repayment at 107.7732%.
Exercise price 5,424 KRW (approx. 9.9% premium to market price of 4,935 KRW), issuance of 921,828 shares upon exercise (7.94% of outstanding shares).
Total potential dilution including existing 1st CB (60 billion KRW, exercise price 6,664 KRW) amounts to 17.05%.
Issuance targets: 7 funds via NH Investment & Securities (Funds 1-3,5,6) and KB Securities (Funds 4,7,8), allocations from 250 million to 2 billion KRW each.
Put option exercisable quarterly from May 2028 to February 2031 at early redemption rates of 103.0396% to 107.3706%.
Call option exercisable quarterly from May 2027 to May 2028 at call prices of 103.0339% to 106.1598%, limited to 60% of each underwriter's initial registered amount.

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