Rights offering (paid-in capital increase) decision (subsidiary)

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Hanwha Solutions / Rights Offering Decision (Subsidiary's Material Management Matter) / (2026.09.30) Rights Offering Decision (Subsidiary's Material Management Matter)

Rights Offering Decision (Subsidiary's Material Management Matter) Report on a material management matter of the subsidiary HANWHA Q CELLS USA, Inc.

1. Type and number of new shares: Common shares: -; Class shares: - 2. Par value per share (KRW): - 3. Total shares issued before the capital increase: Common shares: 100; Class shares: 7.8 4. Purpose of fundraising: Facility funds (KRW): -; Business acquisition funds (KRW): -; Working capital (KRW): 405,780,480,000; Debt repayment funds (KRW): -; Funds to acquire securities of other companies (KRW): -; Other funds (KRW): - 5. Capital increase method: Shareholder allotment

[In the case of a shareholder allotment] 6. New share issue price: Confirmed issue price: Common shares (KRW): -; Class shares (KRW): -; Expected issue price: Common shares (KRW): -; Expected confirmation date: -; Class shares (KRW): -; Expected confirmation date: - 7. Method of determining the issue price: - 8. New share allotment record date: 2026-09-29 9. Number of new shares allotted per share: - 10. Priority allotment ratio for employee stock ownership association members (%): - 11. Expected subscription date: Employee stock ownership association: Start date -, End date -; Existing shareholders: Start date -, End date - 12. Payment date: 2026-09-29 13. Plan for handling forfeited shares: Not applicable (no forfeited shares) 14. Dividend record start date for the new shares: - 15. Expected date of new share certificate delivery: - 16. Lead underwriter (if not a direct public offering): - 17. Whether subscription rights are transferable: Not applicable 18. Board resolution date (decision date): 2026-09-29; Attendance of independent (outside) directors: Present (persons): -; Absent (persons): -; Attendance of auditors (audit committee members who are not independent/outside directors): - 19. Whether a securities registration statement must be filed: No 20. If exempted from filing, the reason: Not a public offering, and the subsidiary is an overseas unlisted company 21. Whether subject to Fair Trade Commission reporting: No 22. Other matters important to investment judgment: 1. Hanwha Q CELLS USA, Inc. is the overseas (US) subsidiary of Hanwha Q CELLS Americas Holdings Corp., which is 100%-owned by Hanwha Solutions Corp. This capital increase amount (equivalent to approximately KRW 405.8 billion in US dollars) is disclosed because it is 2.5% or more of the parent company Hanwha Solutions Corp.'s equity at the end of 2025 as adjusted to reflect the rights offering completed in July 2026 (KRW 12.3488 trillion). 2. The capital increase amount in this case is USD 298,368,000, calculated using the Seoul Money Brokerage Services basic exchange rate (1,360.00 KRW/USD) as of September 29, 2026, and may change depending on the exchange rate. 3. Since no new shares are issued in this case, the above share count, issue price, and method of determining the issue price are not stated. 4. The above "8. New share allotment record date," "12. Payment date," and "18. Board resolution date (decision date)" are September 29 in US Eastern Standard Time. 5. The matters regarding the subsidiary below are as of the end of December 2025.

Related disclosures: -

[Matters regarding the subsidiary] Subsidiary name: HANWHA Q CELLS USA, Inc. English name: HANWHA Q CELLS USA, Inc. Representative: Kim Bong-su Main business: Manufacture of solar power products Whether it is a major subsidiary: Applicable Subsidiary's total assets (KRW): 6,563,995,018,331 Parent company's consolidated total assets (KRW): 33,144,011,000,000 Ratio to the parent company's consolidated total assets (%): 19.80