Chabiotech Co.,Ltd. announced a private placement to issue 2,564,232 Redeemable Convertible Preferred Shares at an issue price of KRW 17,354 for the gross proceeds of KRW 44,499,682,128 on May 8, 2024. The transaction will include participation from new and returning investors DS Investment & Securities Co., Ltd. 57,623 shares, EBEST Investment & Securities Co., Ltd. 115,247 shares, Shinhan Securities Co., Ltd. 144,059 shares (In the position of trustee of Fund 1), Samsung Securities Co., Ltd. 92,197 shares (In the position of trustee of Fund 2), Samsung Securities Co., Ltd. 37,455 shares (In the position of trustee of Fund 3), Samsung Securities Co., Ltd. 74,910 shares (In the position of trustee of Fund 4), KB Securities Co., Ltd. 54,742 shares (In the position of trustee of Fund 5), Korea Investment & Securities Co., Ltd. 28,811 shares (In the position of trustee of Fund 6), Korea Investment & Securities Co., Ltd. 23,049 shares (In the position of trustee of Fund 7), Korea Investment & Securities Co., Ltd. 23,049 shares (In the position of trustee of Fund 8), Korea Investment & Securities Co., Ltd. 28,811 shares (In the position of trustee of Fund 9), Korea Investment & Securities Co., Ltd. 28,811 shares (In the position of trustee of Fund 10), Korea Investment & Securities Co., Ltd. 57,623 shares,(In the position of trustee of Fund 11), KB Securities Co., Ltd. 56,183 shares (In the position of trustee of Fund 12), KB Securities Co., Ltd. 56,183 shares (In the position of trustee of Fund 13), Mirae Asset Securities Co., Ltd. 4,033 shares, (In the position of trustee of Fund 14), Mirae Asset Securities Co., Ltd. 7,491 shares (In the position of trustee of Fund 15), Mirae Asset Securities Co., Ltd. 100,841 shares (In the position of trustee of Fund 16), NH Investment & Securities Co., Ltd. 86,435 shares (In the position of trustee of Fund 17), NH Investment & Securities Co., Ltd. 57,623 shares (In the position of trustee of Fund 18), NH Investment & Securities Co., Ltd. 57,623 shares (In the position of trustee of Fund 19), Samsung Securities Co., Ltd. 57,623 shares (In the position of trustee of Fund 20), Samsung Securities Co., Ltd. 74,910 shares (In the position of trustee of Fund 21), Samsung Securities Co., Ltd. 63,385 shares (In the position of trustee of Fund 22), NH Investment & Securities Co., Ltd. 40,336 shares (In the position of trustee of Fund 23), NH Investment & Securities Co., Ltd. 40,336 shares (In the position of trustee of Fund 24), KB Securities Co., Ltd. 34,574 shares DB Financial Investment Co., Ltd. 86,435 shares, Kiwoom Securities Co., Ltd. 115,247 shares, Mirae Asset Securities Co., Ltd. 57,623 shares, (In the position of trustee of Fund 25), Hana Bank Co., Ltd. 57,623 shares (In the position of trustee of Fund 26), Korea Investment & Securities Co., Ltd. 80,673 shares (In the position of trustee of Fund 27), NH Investment & Securities Co., Ltd. 97,960 shares (In the position of trustee of Fund 28), KB Securities Co., Ltd. 115,247 shares, (In the position of trustee of Fund 29), NH Investment & Securities Co., Ltd. 28,811 shares (In the position of trustee of Fund 30), KB Securities Co., Ltd. 34,574 shares Wonsinhan Mezzanine No. 1 New Technology Fund 115,247 shares, (In the position of trustee of Fund 31), NH Investment & Securities Co., Ltd. 57,623 shares (In the position of trustee of Fund 32), KB Securities Co., Ltd. 57,623 shares Kiwoom Asset Management Co., Ltd. 115,247 shares (In the position of trustee of Fund 33) and  KB Securities Co., Ltd. 40,336 shares. The bonds are 100% convertible into 2,564,232 shares at an issue price of KRW 17,354 from May 16, 2025 to April 16, 2029. The validity is May 16, 2029. The transaction has been approved by shareholders and is expected to close on May 16, 2024.

On the same day, the company announced that it will issue Series 9 Bearerless, non-couponed, non-guaranteed private placement bonds with warrants for the gross proceeds of KRW 20,000,000,000. The bonds will be 100% exercisable into 1,152,472 shares at an exercise price of KRW 17,345 per share in a exercise period starting from May 16, 2025 and ending on April 16, 2029. The bonds will be mature on May 16, 2029.

On the same day, the company announced that it will issue Series 8 Bearer-Type, Non-Coupon-Bearing, Non-Guaranteed Private Placement Convertible Bonds Due May 16, 2029 for the gross proceeds of KRW 10,300,000,000. The bonds will be 100% convertible into 593,523 shares at a conversion price of KRW 17,354 at a conversion period starting from May 16, 2025 and ending on April 16, 2029. The bonds will be mature on May 16, 2029.