Decision to sell own convertible bonds

What happened

1. Bond type: Tranche 8; unregistered (bearer) form, non-interest-bearing, unsecured, privately placed convertible bonds 2. Bond issue date: 2024-10-30 3. Bond issuance method: Private placement 4. Bond maturity date: 2029-10-30 5. Total face value (electronically registered) of the bonds (KRW): 35,000,000,000 6. Details of the bonds subject to sale that were acquired before maturity - Face value (electronically registered) amount of the bonds subject to sale (KRW): 14,000,000,000 - Acquisition amount (KRW): 14,268,492,000 - Reason for acquisition: Exercise of the issuer's call option 7. Sale decision date: 2026-09-29 8. Sale amount - Amount (KRW): 16,410,232,225 - Basis for calculation: Determined through mutual consultation with the transferee, considering the current stock price situation and conversion requests on the convertible bonds, etc. 9. Expected date of receipt of sale proceeds: 2026-09-30 10. Purpose of sale: Securing operating funds 11. Matters concerning conversion - Conversion ratio (%): 100 - Conversion price as of the reporting date (KRW/share): 3,136 - Type of shares to be issued upon conversion: Danal Co., Ltd. registered common shares - Number of shares: 3,667,091 - Ratio to total shares (%): 4.62 - Conversion request period: start 2025-10-30, end 2029-09-30 12. Whether subject to Fair Trade Commission reporting: Not applicable 13. Other matters for reference in investment decisions This disclosure concerns the resale of KRW 11.5 billion (face value) out of the KRW 14.0 billion (face value) of Tranche No. 8 unregistered, non-interest-bearing, unsecured private convertible bonds that the Company decided to acquire before maturity on September 18, 2026. Item 5 above, "Total face value (electronically registered) of the bonds (KRW)," is the total face value at the time of the original issuance of the Tranche No. 8 bonds. Item 7 above, "Sale decision date," is the date of the board resolution and the date the convertible bond sale and purchase agreement was executed. In Item 11 above, the "ratio to total shares" was calculated as [number of voting shares to be issued / (number of voting shares issued and outstanding as of the sale decision date + number of voting shares to be issued)]. The agreement the Company is entering into this time includes a price return swap (PRS) agreement, the main terms of which are as follows: - Contract period: 2026-09-30 to 2027-09-30 - Settlement ratio: of the amount net of sale-related expenses, the Company (90%), the transferee (10%)

[Matters concerning the buyer] Buyer name: Yuanta Securities Co., Ltd. Relationship with the Company or its largest shareholder: - Reason for selection: Selected considering the investor's intent, funding capability and timing, etc., in order to achieve the Company's management objectives and promptly raise necessary funds Transaction history and plans within 6 months before/after the sale decision: - Face value of the bonds purchased (KRW): 11,500,000,000 Note: - * If the buyer is the issuer's largest shareholder or a related party thereof, the filing additionally states that fact; the same applies if the buyer includes a corporation, investment partnership or other entity. (This is excluded where the entity is subject to external audit and the exercise of the rights attached to the bond does not make it the issuer's largest shareholder.)