Issuance of KRW 99.3 Billion ELS Linked to SK Hynix

Kyobo Securities publicly offers 1,000,000 Equity-Linked Securities (ELS) linked to SK Hynix common stock, totaling KRW 9.93 billion (issue price per security: KRW 9,930)
Maturity of 3 years (June 8, 2029), monthly coupon of 1.17% (14.04% p.a.), and automatic early redemption at 100% of principal if the underlying asset price is at or above 85% of the initial strike price on any evaluation date
At maturity, if the underlying asset is below 75% of the initial strike, principal repayment is 90% (max loss 10%); if at or above 75%, principal is fully repaid
Issuance may be canceled if total subscription amount is less than KRW 500 million; securities are unlisted and not protected by the depositor protection act

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