Early redemption of exchangeable bonds

What happened

Abov Semiconductor / Early Redemption of Exchangeable Bonds (Including Overseas Exchangeable Bonds) Before Maturity / (2026.08.13) Early Redemption of Exchangeable Bonds (Including Overseas Exchangeable Bonds) Before Maturity

Early Redemption of Exchangeable Bonds (Including Overseas Exchangeable Bonds) Before Maturity Exchangeable bonds (including overseas exchangeable bonds), 2nd issue

1. Matters concerning the bond acquired before maturity Type of bond: Unregistered, privately placed exchangeable bonds Issue date: 2024-08-13 Method of issuance: Domestic issuance (private placement) Exchange price: 15,453 Maturity date: 2028-08-13

2. Bond acquisition amount (currency unit): 4,000,000,000 KRW: South Korean Won - Face value (electronically registered amount) of the acquired bond (currency unit): 4,000,000,000 KRW: South Korean Won - Applicable exchange rate: - - Acquisition date: 2026-08-13

3. Face value (electronically registered) balance of the bond after acquisition (currency unit): 6,000,000,000 KRW: South Korean Won

4. Reason for acquisition before maturity and future handling method 1. Reason for acquisition before maturity: Exercise of the bondholder's early redemption request right (Put Option) 2. Future handling method: Retirement after acquisition (cancellation of the registered bond with the Korea Securities Depository)

5. Source of acquisition funds: Funds on hand

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

7. Other matters for reference in investment decisions - The above "bond acquisition amount" is the face value of the bond plus interest calculated at the early redemption interest rate (contractual interest rate: 0%). - The above "acquisition date" of the bond acquisition amount is the payment date of the bond acquisition amount. - The above "face value balance of the bond after acquisition" is the balance of the bond excluding the portion acquired by the issuing company. - Upon issuance of this exchangeable bond, the shares subject to exchange deposited with and held in custody by the Korea Securities Depository will be returned to the company in a number of shares corresponding to the amount of principal repaid.

* Related disclosures 2024-08-09 Material Event Report (Exchangeable Bond Issuance Decision) 2024-08-09 Material Event Report (Treasury Share Disposal Decision) 2024-08-13 Securities Issuance Results (Voluntary Disclosure) 2024-08-13 Treasury Share Disposal: Results Report