Early redemption of convertible bonds (incl. overseas CBs)

What happened

Early Redemption of Convertible Bonds (Including Overseas CBs), Series 11

1. Matters concerning the bonds acquired before maturity: Type of bonds: Unregistered, interest-bearing, unsecured, privately placed convertible bonds Issue date: 2024-05-31 Method of issuance: Domestic issuance (private placement) Conversion price per share (KRW): 2,215 Maturity date: 2027-05-31

2. Bond acquisition amount (currency): 5,188,914,222 KRW (South Korean Won) - Face value (electronically registered) of the bonds acquired (currency): 4,800,000,000 KRW (South Korean Won) - Reference exchange rate: - - Acquisition date: 2026-09-01

3. Face value (electronically registered) of the bonds remaining after acquisition (currency): - KRW (South Korean Won)

4. Reason for acquisition before maturity and future handling: 1. Reason for acquisition: Acquisition of the bonds before maturity by agreement with the bondholder 2. Future handling: To be determined by a subsequent board resolution

5. Source of acquisition funds: Own capital

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

7. Other matters for investment reference: 1. The issuing company decided to issue the Series 11 convertible bonds on 2024-05-30, with an initial conversion price of KRW 632. The conversion price was subsequently adjusted to KRW 443 on 2024-12-31 due to a conversion-price adjustment reflecting a decline in market price. In addition, following the effectuation of a 5:1 share consolidation decided on 2026-03-06, the conversion price was adjusted from KRW 443 to KRW 2,215. 2. "Bond acquisition amount" in item 2 above includes principal, interest, and other amounts. 3. "Acquisition date" in item 2 above is the date the bond acquisition amount was paid.

Related disclosures: 2024-05-30 Decision to Issue Convertible Bonds (Series 11); 2024-05-31 Decision to Issue Convertible Bonds (Series 11); 2024-05-31 Securities Issuance Results (Voluntary Disclosure) (Series 11); 2024-12-31 Adjustment of Conversion Price (Series 11); 2026-03-06 Share Consolidation Decision; 2026-05-06 Share Consolidation Decision