Early redemption of convertible bonds (incl. overseas CBs)

What happened

Irem / Pre-Maturity Acquisition of Convertible Bonds (incl. Overseas CBs) Issued / (2026.09.30) Pre-Maturity Acquisition of Convertible Bonds (incl. Overseas CBs) Issued (Series 22)

Convertible bonds (incl. overseas CBs), Series 22

1. Matters concerning the bonds acquired prior to maturity Type of bonds: Series 22 unregistered, interest-bearing, unsecured, privately placed convertible bonds Issuance date: 2023-09-26 Issuance method: domestic issuance (private placement) Conversion price per share (KRW): 5,200 Maturity date: 2028-09-26

2. Bond acquisition amount (currency unit): 320,690,447; KRW: South Korean Won - Face (electronically registered) total amount of the bonds acquired (currency unit): 300,000,000; KRW: South Korean Won - Reference exchange rate: not applicable - Acquisition date: 2026-09-30

3. Face (electronically registered) total amount of the bonds after acquisition (currency unit): not applicable; KRW: South Korean Won

4. Reason for pre-maturity acquisition and future handling method - Reason for acquisition: bondholder's exercise of the early redemption (put option) request - Handling method: cancellation of the registered bonds at the Korea Securities Depository

5. Source of funds for the acquisition: own funds

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

7. Other matters for reference in investment decisions - "2. Bond acquisition amount" above is the payment amount including principal and early redemption interest. - "3. Face total amount of the bonds after acquisition" above is the remaining face balance of the bonds excluding bonds held by the issuing company. - The conversion price per share above is the conversion price as of June 26, 2026, as adjusted following the capital reduction on June 22, 2026. ※ Related disclosures 2023-09-22: Decision to issue convertible bonds (Series 22)