Early redemption of exchangeable bonds

What happened

CoAsia / Early redemption of exchangeable bonds (incl. overseas EBs) after issuance / (2026.07.31) Early redemption of exchangeable bonds (incl. overseas EBs) after issuance

Early redemption of exchangeable bonds (incl. overseas EBs) after issuance Exchangeable bonds (incl. overseas EBs), 6th series

1. Matters concerning the bonds acquired before maturity Type of bonds: Unregistered, unsecured, privately placed exchangeable bonds Issue date: 2023-10-31 Issue method: Domestic issuance (private placement) Exchange price: 6,539 Maturity date: 2026-10-31

2. Bond acquisition amount (currency unit): KRW 528,226,500 : South Korean Won Total face value (electronically registered) of the bonds acquired (currency unit): KRW 500,000,000 : South Korean Won Reference exchange rate: - Acquisition date: 2026-07-31

3. Total face value (electronically registered) balance of the bonds outstanding after acquisition (currency unit): KRW 500,000,000 : South Korean Won

4. Reason for acquisition before maturity and future treatment This is an early acquisition due to the bondholder's exercise of the early redemption (put option) right. The Company plans to retire (cancel the registration of) the bonds after acquiring them.

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 bondholder in this case may request early redemption before maturity, for all or part of the electronically registered amount of the bonds plus the early redemption yield, on the date falling 24 months after the bonds' issue date -- namely October 31, 2025 -- and on each date falling every [3] months thereafter (the "Early Redemption Date"). The bond acquisition amount includes the total face value of the bonds plus interest, calculated applying the early redemption rate of 105.6453% and the coupon rate of 0% for this case. As a result of this matter, 76,464 exchange-target shares held in deposit with the Korea Securities Depository will be returned to the Company. The acquisition date is the payment date of the bond acquisition amount.

Related disclosures: 2023-10-27 Material event report (decision on treasury share disposal) 2023-10-27 Material event report (decision to issue exchangeable bonds) 2023-10-31 Results of securities issuance (voluntary disclosure) 2023-10-31 Treasury share disposal: results report 2024-02-16 Exercise of exchange right 2024-02-22 Exercise of exchange right 2024-06-11 Exercise of exchange right 2024-06-26 Exercise of exchange right