Rights offering: final issue price set

What happened

Rights offering: final issue price set

1. Planned issuance details a. Type of shares: registered common shares b. Number of shares: 3,389,380

2. Final issue price (per share) a. Final price (KRW): 5,910 b. First-round issue price (KRW): 6,570 c. Second-round issue price (KRW): 5,910

3. Par value (KRW): 500

4. Determination date: 2026-08-31

5. Other matters for reference in investment decisions Calculation of the final issue price Under Article 5-18 (Determination of the issue price for rights offerings) of the "Regulation on Issuance and Disclosure of Securities," discount rates etc. for shareholder-allocated and shareholder-priority public rights offerings have been deregulated and the issue price may be freely determined; however, to avoid market disruption concerns and in line with existing practice, the Company calculates the issue price by partially applying, mutatis mutandis, the method of Article 57 of the former "Regulation on Issuance and Disclosure of Securities."

(1) Calculation of the first-round issue price: using the third trading day before the new share allocation record date as the base date, the base price is the lower of (i) the simple average of the one-month weighted average price (weighted by trading value over volume) and one-week weighted average price traded on the KOSDAQ market, together with the base-date closing price, and (ii) the base-date closing price; a 25% discount rate is applied, and the first-round issue price is calculated under the formula below. Amounts below the minimum quotation unit are rounded up, and if the per-share issue price is below par value, par value is used. First-round issue price = base price x (1 - discount rate) / [1 + (rights ratio x discount rate)]

(2) Calculation of the second-round issue price: using the third trading day before the existing shareholders' subscription date as the base date, the price is the lower of (i) the simple average of the one-week weighted average price (weighted by trading value over volume) traded on the KOSDAQ market and the base-date closing price, and (ii) the base-date closing price, with the same 25% discount rate applied under the formula below. Amounts below the minimum quotation unit are rounded up, and if the per-share issue price is below par value, par value is used. Second-round issue price = base price x (1 - discount rate)

(3) Calculation of the final issue price: the final issue price is the lower of the first-round issue price under (1) and the second-round issue price under (2). However, under the calculation basis in Article 165-6 of the "Financial Investment Services and Capital Markets Act" and Article 5-15-2 of the "Regulation on Issuance and Disclosure of Securities," if the price calculated by applying a 40% discount rate to the weighted average price from the 3rd to the 5th trading day before the subscription date (as the base price) exceeds the lower of the first-round and second-round issue prices, that amount shall be the final issue price. (Amounts below the minimum quotation unit are rounded up.)

(4) Matters relating to disclosure of the finalized offering price: the first-round issue price was determined on the third trading day before the new share allocation record date (July 13, 2026) and disclosed on the Financial Supervisory Service's electronic disclosure system (DART) on July 14, 2026; the final issue price was determined on the third trading day before the existing shareholders' subscription date (August 31, 2026) and is scheduled to be disclosed on DART on September 1, 2026, and will also be posted on the Company's website (http://www.futurechem.co.kr) as specified in the articles of incorporation in lieu of individual notice. Following determination of the final issue price, an amendment report (confirmation of securities issuance terms) will be disclosed on DART.

* The general public offering issue price shall be the same as the final issue price applied to the existing shareholders' subscription.

Related disclosures: 2026-09-01 Rights/bonus offering decision (shareholder allocation with general public offering of forfeited shares) 2026-07-14 First-round issue price determination for rights offering