Dynamic Design : Adjustmentsof Conversion Price, Warrant Exercise Price or Exchange Price (Information Disclosure)

Adjustments of Conversion Price, Warrant Exercise Price or Exchange Price (Information Disclosure)

1. Category	Adjustment of Conversion Price
2. Type of bonds	The fifth unregistered, interest bearing, unsecured privately placed convertible bonds
- Warrant certificates listed?	Not applicable
3. Details of adjustment	Series No.	Price before adjustment (KRW)	Price after adjustment (KRW)
5	4,793	4,655
4. Change in the number of shares subject to conversion, exercise or exchange	Series No.	Total face value of unexercised securities (or electronically registered securities) (KRW)	Number of shares subject to conversion, etc. before adjustment	Number of shares subject to conversion, etc. after adjustment
5	13,000,000,000	2,712,287	2,792,695
5. Reasons for adjustment	Adjustment of conversion price due to a decline in market price
6. Basis and method of adjustment	[Basis for adjustment] The date on which every three month will have elapsed until one month prior to the date of maturity from the date of bond issuance shall be the date of adjustment of the conversion price, and the date preceding each date of adjustment for the conversion price shall be the initial date. If the higher price between 1) the arithmetic mean price taken from the weighted arithmetic average stock price for the past one month, the weighted arithmetic average stock price for one week, and the weighted arithmetic average stock price for the latest day, and 2) the weighted arithmetic average share price for the latest day is lower than the conversion price as of the date immediately preceding the relevant date of adjustment, the lower price shall be the new conversion price. However, the minimum limit of adjustment for the conversion price shall be up to the par value in accordance with the articles of incorporation of the issuing company (Article 18) (However, if the conversion price has already been adjusted for such reasons as the discounted issuance of new shares before the date of adjustment, this shall be taken into account for calculation). Following the adjustment under this item, anything less than the unit of KRW of the conversion price shall be rounded off to the higher unit of KRW. [Method of adjustment] 1) The weighted arithmetic average stock price for one month: KRW 4,632.12 2) The weighted arithmetic average stock price for one week: KRW 4,617.99 3) The weighted arithmetic average stock price for the latest day: KRW 4,654.72 4) The arithmetic average price of 1), 2) and 3): KRW 4,634.95 5) Conversion price before adjustment: KRW 4,793 6) Conversion price after adjustment: KRW 4,655 (rounded off to the nearest won)
7. Effective date of adjusted price	2022-08-12
8. Date of board resolution (decision date)	-
- Attendance of outside directors	Present (No.)	-
Absent (No.)	-
- Attendance of auditors (members of Audit Committee who are not outside directors)	-
9. Other matters to be factored into investment decisions	The matters above are an adjustment of the conversion price following a decline in the market price, and therefore, there will be no separate resolution by the board of directors.
※Related disclosure	2022-07-12 Adjustments of Conversion Price, Warrant Exercise Price or Exchange Price (Information Disclosure)