Early redemption of convertible bonds (incl. overseas CBs)

What happened

Softcen / Early redemption of convertible bonds (including overseas CBs) before maturity / (2026.07.16) Early redemption of convertible bonds (including overseas CBs) before maturity (11th issue)

Early redemption of convertible bonds (including overseas CBs) before maturity Convertible bonds (overseas CBs) - 11th issue

1. Details of the bonds acquired before maturity Bond type: Unregistered, interest-bearing, unsecured, privately placed convertible bonds Issue date: 2024-05-31 Issuance method: Domestic issuance (private placement) Conversion price per share (KRW): 2,215 Maturity date: 2027-05-31

2. Bond acquisition amount (currency): 1,078,305,398 KRW: South Korean Won - Total face value (electronically registered) of the bonds acquired (currency): 1,000,000,000 KRW: South Korean Won - Applicable exchange rate: - - Acquisition date: 2026-07-16

3. Total face value (electronically registered) of the bonds after acquisition (currency): 6,000,000,000 KRW: South Korean Won

4. Reason for acquisition before maturity and future handling 1. Reason for acquisition: Acquisition of the bonds before maturity by agreement with the bondholder 2. Future handling: To be determined by the Board of Directors at a later date

5. Source of acquisition funds: Own capital

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

7. Other matters for reference in investment decisions 1. The issuer resolved to issue the 11th-issue convertible bonds on 2024-05-30, with an initial conversion price of KRW 632. The conversion price was subsequently adjusted to KRW 443 on 2024-12-31 due to a decline in the market price. In addition, at the general shareholders' meeting held on 2026-03-06, an agenda item for share consolidation was approved, and upon the effectiveness of the share consolidation (5:1), the conversion price was adjusted from KRW 443 to KRW 2,215. 2. The "bond acquisition amount" in Item 2 above includes principal, interest and other amounts. 3. The "acquisition date" in Item 2 above is the date the bond acquisition amount was paid.

* Related disclosures 2024-05-30 Decision to issue convertible bonds (11th issue) 2024-05-31 Decision to issue convertible bonds (11th issue) 2024-05-31 Results of securities issuance (voluntary disclosure) (11th issue) 2024-12-31 Adjustment of conversion price (11th issue) 2026-03-06 Decision on share consolidation 2026-05-06 Decision on share consolidation