Early redemption of convertible bonds (incl. overseas CBs)

What happened

EV Advanced Material / Acquisition of Convertible Bonds (incl. Overseas CBs) Prior to Maturity / (2026.07.09) Convertible Bonds (incl. Overseas CBs) Acquisition Prior to Maturity, 8th round

1. Matters concerning the bonds acquired prior to maturity Type of bond: unregistered, interest-bearing, unsecured private-placement convertible bonds Issue date: 2024-11-18 Issue method: domestic issuance (private placement) Conversion price per share (KRW): 1,797 Maturity date: 2027-11-18

2. Bond acquisition amount (currency unit): 1,037,221,660 KRW (South Korean won) Face (electronically registered) amount of bonds acquired (currency unit): 1,000,000,000 KRW Applicable exchange rate: - Acquisition date: 2026-07-09

3. Face (electronically registered) amount of bonds outstanding after the acquisition (currency unit): 10,000,000,000 KRW

4. Reason for acquisition prior to maturity and future treatment 1) Reason: acquisition prior to maturity by agreement with the bondholder 2) Future treatment: to be decided by the board going forward

5. Source of acquisition funds: own funds 6. Method of acquisition: over-the-counter purchase

7. Other matters for reference in investment decisions - The conversion price in item 1 reflects refixing based on market price from the issue date to the present; as of the filing date, the exercise price is KRW 1,797. - The acquisition amount in item 2 includes principal and interest; the acquisition date is the payment date for the acquisition amount, which is 2026-07-09.

Related disclosures: 2025-04-18 Adjustment of conversion price; 2025-04-14 Adjustment of conversion price; 2024-11-18 Securities issuance results (voluntary disclosure); 2024-11-14 Decision to issue convertible bonds (8th round)