ADM Korea Inc. announced a private placement of 1,644,730 common shares at a price of KRW 6,080 for gross proceeds of KRW 9,999,958,400? on April 12, 2022. The transaction is through third party allotment method.

The transaction will include participation from new investors Hanyang Securities Co. Ltd. for 328,947 shares, Mirae Asset Securities Co., Ltd. for 164,473 shares, C Square The banks 3 General Private Equity Investment Trust for 328,947 shares, JC Asset KOSDAQ Venture General Private Equity Trust No.11 for 164,473 shares, JC Asset KOSDAQ Venture General Private Equity Trust No. 3 for 82,236 shares, JC Asset KOSDAQ Venture General Private Equity Trust No.2 for 82,236 shares, Orion Luxury KOSDAQ Venture General Private Equity Trust No.

53 for 131,578 shares, Orion Luxury KOSDAQ Venture General Private Equity Trust No. 67 for 82,236 shares, Orion Luxury KOSDAQ Venture General Private Equity Trust No. 65 for 197,368 shares and Orion Mezzanine KOSDAQ Venture General Private Equity Trust No.

64 for 82,236 shares. The transaction has been approved by the board of directors. The scheduled delivery date of new share certificates is May 10, 2022 and payment date is April 20, 2022.