Early redemption of convertible bonds (incl. overseas CBs)

What happened

Sang-A Frontec / Early Redemption of Convertible Bonds (Incl. Overseas CBs) Before Maturity / (2026.08.10) Early Redemption of Convertible Bonds (Incl. Overseas CBs) Before Maturity

Early Redemption of Convertible Bonds (Including Overseas Convertible Bonds) Before Maturity

Convertible bonds (overseas convertible bonds), 6th issue

1. Details of the bonds redeemed before maturity Type of bond: Unregistered, non-interest-bearing, unsecured, privately placed convertible bonds Issue date: 2023-05-10 Issuance method: Domestic issuance (private placement) Conversion price per share (KRW): 31,327 Maturity date: 2028-05-10

2. Bond redemption amount (Currency unit): 18,100,000,000 KRW: South-Korean Won - Total face value (electronically registered) of bonds redeemed (currency unit): 18,100,000,000 KRW: South-Korean Won - Applicable exchange rate: - - Redemption date: 2026-08-10

3. Total face value (electronically registered) of bonds outstanding after redemption (Currency unit): 12,500,000,000 KRW: South-Korean Won

4. Reason for redemption before maturity and future handling - Reason for redemption: Early redemption of bonds due to bondholders' exercise of their early redemption (put option) right - Future handling: To be deregistered from the Korea Securities Depository's registered bond system

5. Source of funds for redemption Own funds

6. Method of bond redemption Over-the-counter purchase

7. Other matters material to investment decisions - As the interest rate is 0%, the bond redemption amount and the face value of the bonds redeemed are identical. - The redemption date is August 10, 2026, the 2nd early redemption payment date. - The Company completed payment of principal and interest on August 10, 2026. ※ Related disclosures: 2026-05-11 Early redemption of convertible bonds (incl. overseas CBs) before maturity; 2023-05-08 Decision to issue convertible bonds (6th issue); 2023-05-10 Results of securities issuance (voluntary disclosure)