Rights offering: new share issue price (notice)

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Hanwha Solutions / Rights Offering: New Share Issue Price (Notice) / (2026.07.20)

Rights Offering: New Share Issue Price (Notice)

1. Category: Final issue price 2. Issue price per share: Common shares (KRW) 22,100; Class shares: none 3. Other material matters for investors' reference: Note: The per-share issue price in this notice is the final issue price.

Method of determining the issue price (1) First issue price: Taking as the reference date the third trading day (June 11, 2026) before the new-share allotment record date (June 16, 2026), the lower of (i) the simple average of the one-month volume-weighted average price, the one-week volume-weighted average price, and the closing price on the reference date, and (ii) the closing price on the reference date, is taken as the first reference price. A 20% discount rate is applied, and the capital-increase ratio (rights-offering shares divided by total shares issued) is used in the formula below to calculate the issue price. Any amount below a quotation unit is rounded up to the nearest quotation unit, and if the resulting price is at or below the par value (KRW 5,000), the par value applies. * First issue price = [First reference price x (1 - discount rate)] / [1 + (capital-increase ratio x discount rate)] (2) Second issue price: Taking as the reference date the third trading day (July 16, 2026) before the existing shareholders' subscription date (July 22, 2026), the lower of (i) the simple average of the one-week volume-weighted average price and the closing price on the reference date, and (ii) the closing price on the reference date, is taken as the second reference price, and the formula below is applied with a 20% discount rate. Any amount below a quotation unit is rounded up to the nearest quotation unit, and if the discounted offering price is at or below the par value (KRW 5,000), the par value is used as the issue price. * Second issue price = Second reference price x (1 - discount rate) (3) The final issue price is the lower of the first issue price and the second issue price. However, pursuant to Article 165-6 of the Financial Investment Services and Capital Markets Act and Article 5-15-2 of the Regulation on Issuance and Disclosure of Securities, if the lower of the first and second issue prices is below the price obtained by applying a 40% discount rate to the volume-weighted average price for the third to fifth trading days before the subscription date, then the price obtained by applying a 40% discount rate to that volume-weighted average price becomes the final issue price. Any amount below a quotation unit is rounded up to the nearest quotation unit, and the final issue price is subject to the par value (KRW 5,000) floor described above (as stated in the filing). Note: The issue price for the general public offering is the same as the final issue price applied to the employee stock ownership association's and existing shareholders' subscriptions.

Related disclosures: 2026-03-26: Rights offering decision 2026-03-26: Securities registration statement (equity securities) 2026-04-08: Rights offering decision 2026-04-17: Rights offering decision 2026-04-17: Securities registration statement (equity securities) 2026-05-12: Rights offering decision 2026-05-14: Rights offering decision 2026-05-14: Securities registration statement (equity securities) 2026-05-26: Rights offering decision 2026-05-26: Securities registration statement (equity securities) 2026-06-11: Prospectus 2026-06-12: Rights offering: new share issue price (notice) 2026-06-12: Rights offering decision 2026-06-12: Securities registration statement (equity securities) 2026-06-12: Prospectus