Daejoo Electronic Materials Co., Ltd. announced a private placement to issue Series 8 Bearer Interest Unsecured Private Placement Convertible Bonds for the gross proceeds of KRW 18,000,000,000 and Series 7 Bearer Interest Unsecured Private Placement Convertible Bonds for the gross proceeds of KRW 43,000,000,000; aggregate gross proceeds of KRW 61,000,000,000 on June 7, 2024. The transaction will include participation from new investors Samsung Securities Co., Ltd. (Anda H Mezzanine General Private Equity Trust No. 14 (Professional) in the position of trustee) for KRW 2,500,000,000, Samsung Securities Co., Ltd. (Andah, KBIZ, Alpha, General Private Equity Trust 2023-From the status of my trustee)) for KRW 1,200,000,000, Samsung Securities Co., Ltd.  (Anda H Mezzanine General Private Equity Trust No. A2 (Professional) ) for KRW 1,100,000,000, KB Securities Co., Ltd. (AndAH Mezzanine General Private Equity Trust No. 13 (Professional) in the position of trustee) for KRW 1,700,000,000, NH Investment & Securities Co., Ltd. (in the position of trustee of Andacruz General Private Equity Trust No. 1) for KRW 1,000,000,000, NH Investment & Securities Co., Ltd.  (from the position of trustee of Andacruz General Private Equity Trust No. 2 (professional investor))) for KRW 500,000,000, Samsung Securities Co., Ltd. (From the position of trustee of Susung KOSDAQ Venture D1 General Private Equity Trust (P&L, etc.)) for KRW 1,000,000,000, KB Securities Co., Ltd. (in the position of trustee of Mercury KOSDAQ Venture D2 General Private Equity Trust) for KRW 1,000,000,000, Korea Investment & Securities Co., Ltd. (from the position of trustee of Susung KOSDAQ Venture D3 General Private Equity Trust) for KRW 1,000,000,000, NH Investment & Securities Co., Ltd. (Suseong Moju Mezzanine D1 in the position of trustee of general private equity trust (professional investor)) for KRW 1,000,000,000, NH Investment & Securities Co., Ltd. (from the position of trustee of Mercury KOSDAQ Venture D4 General Private Equity Trust) for KRW 1,000,000,000, Mirae Asset Securities Co., Ltd. (DS Secondary. B in fiduciary status in a general private equity trust) for KRW 3,000,000,000 and Samsung Securities Co., Ltd. (DS Different. R3 in fiduciary status in a general private equity trust) for KRW 2,000,000,000. The bonds are 100% convertible into 145,252 shares at a fixed conversion price of KRW 123,922 from June 17, 2025 to May 17, 2029. The bonds bear zero coupon rate, 2% maturity rate and matures on June 17, 2029. The transaction has been approved by shareholders, restricted to a hold period and is expected to close June 17, 2024.

Series 7 bonds - The transaction will include participation from new investor Eventus-IBKC Secondary Battery Materials New Technology Business Investment Fund for KRW 43,000,000,000. The bonds bear zero coupon rate, 2% maturity rate and matures on June 14, 2029. The bonds are 100% convertible into 346,992 shares at a fixed conversion price of KRW 123,922 from June 14, 2025 to May 14, 2029. he transaction has been approved by shareholders, restricted to a hold period and is expected to close June 14, 2024.