Vaiv

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Early redemption of convertible bonds (incl. overseas CBs)

Vaiv Company Ltd. acquired US$1.35M (face value) of its 2nd series convertible bonds before maturity on July 21, 2026 for US$1.42M, following bondholders' exercise of early redemption (put) rights, reducing the outstanding face value of the series to zero and the bonds will be retired.

Capital raise(Early redemption of convertible bonds (incl. overseas CBs))· FILED 2026-07-21· RCEPT 20260721901134

What happened

Vaiv Company / Early Redemption of Convertible Bonds (Incl. Overseas CBs) Before Maturity / (2026.07.21) Early Redemption of Convertible Bonds (Incl. Overseas CBs) Before Maturity Early Redemption of Convertible Bonds (Incl. Overseas CBs) Before Maturity: Convertible Bonds (Overseas CBs), Series 2

1. Matters concerning the bonds acquired before maturity Bond type: Unregistered, interest-bearing, unsecured, privately placed convertible bonds Issue date: 2023-12-08 Issuance method: Domestic issuance (private placement) Conversion price per share (KRW): 4,951 Maturity date: 2028-12-08

2. Bond acquisition amount (currency unit): 2,107,186,677 KRW (South Korean Won) - Total face (electronically registered) value of acquired bonds (currency unit): 2,000,000,000 KRW (South Korean Won) - Applicable exchange rate: - - Acquisition date: 2026-07-21

3. Total face (electronically registered) value of the bonds after acquisition (currency unit): 0 KRW (South Korean Won)

4. Reason for acquisition before maturity and future handling - Reason for acquisition: Acquisition of bonds before maturity following bondholders' exercise of early redemption (put) rights - Future handling: The bonds will be retired after acquisition

5. Source of acquisition funds: Own funds

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

7. Other matters for reference in investment decisions - The above bond acquisition amount includes principal and accrued interest. - The above "acquisition date" is the payment date of the bond acquisition amount. Related disclosures: 2023-12-07 Decision to issue convertible bonds (Series 2) 2024-06-10 Adjustment of conversion price (Series 2) 2024-09-09 Adjustment of conversion price 2025-02-07 Exercise of conversion rights 2025-06-09 Adjustment of conversion price 2025-09-08 Adjustment of conversion price 2025-12-08 Early redemption of convertible bonds (incl. overseas CBs) before maturity 2026-03-09 Early redemption of convertible bonds (incl. overseas CBs) before maturity 2026-06-08 Early redemption of convertible bonds (incl. overseas CBs) before maturity

Filed2026-07-21, Early redemption of convertible bonds (incl. overseas CBs)
SourceDART rcept 20260721901134 → open original filing

Source: DART. Information only, not investment advice.

For informational purposes only. This is not investment advice, a recommendation, or a solicitation to buy or sell any security. Do your own research; any investment decision is your own responsibility.

Data from DART, Korea's official corporate-filing system. Data sourced from official DART filings. Accuracy is not guaranteed. Figures are as of the date shown. As of 2026-07-21 (KST). · Converted at 1 USD ≈ ₩1,325 (rate of 2026-10-21).