Early redemption of bonds with warrants

What happened

Kukjeon Co., Ltd. / Early Redemption of Bonds With Warrants (Including Overseas Bonds With Warrants) Before Maturity / (2026-08-27)

Early Redemption of Bonds With Warrants (Including Overseas Bonds With Warrants) Before Maturity

Acquisition of Bonds With Warrants (Series 3)

1. Matters concerning the bonds acquired before maturity: Type of bonds Unregistered unsecured private-placement bonds with warrants; Issuance date 2024-08-27; Issuance method Domestic issuance (private placement); Exercise price per share for the warrants (KRW) 3,565; Whether the warrants are detachable: Not applicable; Maturity date 2029-08-27

2. Bond acquisition amount (currency unit): 6,650,450,000 KRW: South Korean Won - Face value (electronically registered) of the bonds acquired (currency unit): 6,650,450,000 KRW: South Korean Won - Applicable exchange rate: Not applicable - Acquisition date: 2026-08-27

3. Remaining face value (electronically registered) of the bonds after acquisition (currency unit): 21,770,000,000 KRW: South Korean Won

4. Reason for acquisition before maturity and future handling method: Reason for acquisition - Bondholder's exercise of the early-redemption request right; Future handling method - Cancellation of the registered bond with the Korea Securities Depository

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 above bond acquisition amount is the principal (interest rate 0%). - The above acquisition date is the date the acquisition amount was paid. * Related disclosures: 2024-08-26 Decision to issue bonds with warrants (Series 3); 2025-03-27 Adjustment of the warrant exercise price; 2025-10-27 Adjustment of the warrant exercise price; 2026-03-03 Exercise of warrants; 2026-03-17 Exercise of warrants; 2026-03-18 Exercise of warrants; 2026-05-27 Adjustment of the warrant exercise price