Enchem

348370 · KOSDAQ · Materials · SMALL CAP

[Amended] Material event report (decision to sell own convertible bonds)

Enchem amended a December 30, 2025 report on the sale of US$678K face amount of its 13th-series convertible bonds to Golden Value No. 5 New Technology Partnership for US$678K, changing the payment method to cash plus Wizdom Co., Ltd. shares and disclosing a July 8, 2026 reacquisition of US$1.36M of the bond.

Capital raise([Amended] Material event report (decision to sell own convertible bonds))· FILED 2026-07-24· RCEPT 20260724000524

What happened

Enchem Co., Ltd. / Material Event Report (Decision to Sell Own Convertible Bonds) / 6.0

Amendment Report, July 24, 2026 1. Disclosure document being amended: Material event report (decision to sell own convertible bonds) 2. Original filing date: December 30, 2025 3. Amendments Item 10. Purpose of sale - Before: Working capital / After: Adjustment of asset-holding portfolio and strategic partnership purposes Item 13. Other matters relevant to investment judgment - Before: (b) Regarding item (a), the company sold, via call-option exercise, own convertible bonds acquired before maturity, on September 10, 2025, November 6, 2025, December 4, 2025, December 26, 2025 and December 30, 2025; as of report date the remaining face-amount balance after sale is KRW 0. - After: (b) Same sales occurred on the same five dates (September 10, 2025, November 6, 2025, December 4, 2025, December 26, 2025 and December 30, 2025). On July 8, 2026, through negotiation with the bondholder, the company acquired KRW 2 billion of own convertible bonds; the remaining balance held after sale is now KRW 2 billion. (h) By changing the sale-proceeds receipt method from cash only to cash plus shares of a specific company, the company intends to adjust its asset holdings for future strategic partnerships and portfolio management. Shares acquired: Wizdom common shares; price per share: KRW 76,172; shares acquired: 13,128; cash received: KRW 13,984. [Buyer information] - Note: Before: none stated. After: payment in shares of another company plus cash.

Material Event Report / Korea Exchange filing requirement To the Financial Services Commission / Korea Exchange, December 30, 2025 Company name: Enchem Co., Ltd. | CEO: Oh Jeong-gang Head office: 107 Biovalley-ro, Jecheon-si, Chungcheongbuk-do (944 Wangam-dong); Phone 041-568-9454; Website https://www.enchem.net Preparer: Managing Director Choi Jae-hee, Phone 041-568-9454

Decision to Sell Own Convertible Bonds 1. Type of bond: 13th series, unregistered interest-bearing unsecured private convertible bond 2. Issuance date: July 7, 2023 3. Issuance method: Private placement 4. Maturity date: July 7, 2028 5. Total face (electronically registered) amount: KRW 50,000,000,000 6. Pre-maturity acquisition details: face amount KRW 1,000,000,000; acquisition amount KRW 1,174,450,751; circumstances: exercise of the company's call option 7. Date of sale decision: December 30, 2025 8. Sale amount: KRW 1,000,000,000 - basis: negotiated with the buyer considering acquisition cost and other factors 9. Scheduled date of receiving sale proceeds: July 24, 2026 10. Purpose of sale: Adjustment of asset-holding portfolio and strategic partnership purposes 11. Conversion matters: conversion ratio 100%; conversion price as of report date KRW 70,711/share; shares to be issued upon conversion: Enchem registered common shares, 14,142 shares, 0.06% of total shares outstanding; conversion exercise period: July 7, 2024~June 7, 2028 12. Subject to Fair Trade Commission reporting: Not applicable 13. Other matters relevant to investment judgment (a) Item 5 above is the total electronically registered amount at original issuance; as of report date KRW 33,000,000,000 has been converted; the company has acquired a total face amount of KRW 18,100,368,822 before maturity via call-option exercise, paying total consideration (including call premium and other costs) of KRW 21,254,625,896. (b) [as amended above] (c) The "acquisition amount" in item 6 equals the sale amount multiplied by the ratio of the acquisition amount in (a) to the face amount. (d) Item 7 is the date of the board resolution approving the sale and of bond sale agreement execution. (g) 13th-series convertible bond issuance decision disclosed July 5, 2023; acquisition disclosure date July 7, 2023. (h) [as amended above]

[Buyer information]: Golden Value No. 5 New Technology Partnership - no relationship to company/largest shareholder - selected considering achievement of the company's management objectives - no related transactions within 6 months - face amount purchased: KRW 1,000,000,000 - note: payment in shares of another company plus cash.

[Where the buyer includes a corporation or entity] (1) Basic information: Golden Value No. 5 New Technology Partnership - 2 contributors; representative director (managing partner)/largest contributor: Plutus Investment Co., Ltd., 99.99% each. (2) Most recent settlement-period financials: Not stated - newly established in 2025.

Filed2026-07-24, [Amended] Material event report (decision to sell own convertible bonds)
SourceDART rcept 20260724000524 → 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 2026-07-24 (KST). · Converted at 1 USD ≈ ₩1,325 (rate of 2026-10-21).