Early redemption of convertible bonds (incl. overseas CBs)

What happened

Mgen Solutions / Early Redemption of Convertible Bonds (Including Overseas CBs) Prior to Maturity / (2026.08.14)

Early Redemption of Convertible Bonds (Including Overseas CBs) Prior to Maturity

Convertible Bonds (Including Overseas CBs), Series 23

1. Matters concerning the bonds acquired prior to maturity Type of bonds: Unregistered (bearer-form), interest-bearing, unsecured, privately placed convertible bonds Issuance date: 2024-08-13 Issuance method: Domestic issuance (private placement) Conversion price per share (KRW): 2,062 Maturity date: 2027-08-13

2. Bond acquisition amount (currency): 501,250,000 KRW: South Korean Won - Face (electronically registered) total amount of bonds acquired (currency): 500,000,000 KRW: South Korean Won - Applicable exchange rate: - - Acquisition date: 2026-08-14

3. Total face (electronically registered) amount of bonds outstanding after acquisition (currency): 1,500,000,000 KRW: South Korean Won

4. Reason for acquisition prior to maturity and future treatment - Reason for acquisition: Partial acquisition of the bonds by agreement with the bondholder - Treatment plan: Planned re-sale to a third party or retirement

5. Source of acquisition funds: Own funds

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

7. Other matters for investment reference - The conversion price per share for the convertible bonds in item 1 above is the conversion price as adjusted on October 10, 2025. - The bond acquisition amount in item 2 above is the principal plus interest separately agreed with the bondholder.

* Related disclosures: 2024-08-09 Decision to Issue Convertible Bonds (Series 23) 2024-08-13 Securities Issuance Results (Voluntary Disclosure) (Series 23 CB) 2025-10-10 Adjustment of Conversion Price (Series 23)