Early redemption of convertible bonds (incl. overseas CBs)

What happened

JK Synapse / Acquisition of Convertible Bonds (incl. Overseas CBs) Prior to Maturity / (2026.07.08) Acquisition of Convertible Bonds (incl. Overseas CBs) Prior to Maturity (31st Series)

Acquisition of Convertible Bonds (incl. Overseas Convertible Bonds) Prior to Maturity Convertible bonds (incl. overseas CBs), 31st series

1. Details of bonds acquired prior to maturity Type of bond: Unregistered, coupon-bearing, unsecured, privately placed convertible bonds Issue date: 2025-04-08 Issuance method: Domestic issuance (private placement) Conversion price per share (KRW): 4,620 Maturity date: 2028-04-08

2. Bond acquisition amount (currency): KRW 1,030,505,000 - Face amount (electronically registered total) of bonds acquired (currency): KRW 1,000,000,000 - Applicable exchange rate: - - Acquisition date: 2026-07-08

3. Face amount (electronically registered total) of bonds outstanding after acquisition (currency): KRW - (none remaining to third parties)

4. Reason for acquisition prior to maturity and future treatment - Reason: Exercise of the bondholder's early redemption right (put option) - Future treatment: To be determined by the board of directors at a later date

5. Source of acquisition funds: Funds on hand

6. Method of acquisition: Over-the-counter purchase

7. Other matters for investors' reference 1) The "2. Bond acquisition amount" above includes both principal and interest. 2) The issuer obtained approval for a share consolidation at its extraordinary general meeting of shareholders on June 5, 2026. The share consolidation took effect on June 23, 2026. The "conversion price per share (KRW)" under "1. Details of bonds acquired prior to maturity" above reflects the share consolidation ratio (5:1); the conversion price of this bond was adjusted from KRW 924 to KRW 4,620. 3) The "3. Face amount (electronically registered total) of bonds outstanding after acquisition" above is the face amount outstanding excluding bonds held by the issuer itself.

Related disclosures: 2025-04-08 Decision to issue convertible bonds (31st series)