Exercise of Conversion Rights for 534,080 Shares from 4th CB - 1.31% Dilution | KBI Metal(024840)

KBI Metal saw exercise of conversion rights for 267,040 shares each on May 11 and 21, 2026, totaling 534,080 shares.
Conversion price is 2,284 won, a 56.9% discount to the prior day's closing price of 5,300 won.
Exercised shares represent 1.31% of total outstanding shares (40,721,850 shares before conversion).
Remaining 4th CB balance is approximately 5.5 billion won (2,409,825 unconverted shares), indicating potential further dilution.

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