AT semicon Co., Ltd. announced a private placement of series 2 Bearer type non-guaranteed interest-bearing bond private placement non-separable bond with warrant for gross proceeds of KRW 25,000,000,000, series 3 Bearer type non-guaranteed interest-bearing bond private placement non-separable bond with warrant for gross proceeds of KRW 25,000,000,000, series 4 bearer type non-guaranteed interest-bearing bond private placement non-separable bond with warrant for gross proceeds of KRW 25,000,000,000, series Unregistered unsecured private non-detachable Bond with Warrants for gross proceeds of KRW 25,000,000,000, series 19 and series 18 unregistered coupon private equity convertible bonds for gross proceeds of KRW 25,000,000,000 each, 9,288,852 units of common shares at KRW 1,089 price per unit for gross proceeds of KRW 10,115,559,828, Series 21 Bearer Type Private Equity Convertible Bond for KRW 25,000,000,000 through 3rd party allocation for aggregate gross proceeds of KRW 185,115,559,828 on March 10, 2022. The transaction will include participation from Influencer Lab Co., Ltd and VT M association for series 4 bonds and VTM Fund for series 5 bonds. The series 2 bonds will mature on August 18, 2025, series 3 bonds will mature on September 8, 2025, series 4 bonds will mature on September 29, 2025, series 5 will mature on October 20, 2025, series 19 bonds will mature on June 16, 2025, and series 18 bonds will mature on May 26, 2025, Series 21 bonds will mature on October 20, 2025 and all the bonds have surface interest rate of 3% and maturity rate of 3%. The series 4 bonds are fully convertible at a fixed conversion price of KRW 1,120 per share into 22,321,428 common shares from September 29, 2023 to August 29, 2025, series 2 bonds are fully convertible at a fixed conversion price of KRW 1,301 per share into 19,215,987 common shares from August 18, 2023 to July 18, 2025, series 3 bonds are fully convertible at a fixed conversion price of KRW 1,301 per share into 19,215,987 common shares from September 8, 2023 to August 8, 2025, series 5 are fully convertible at a fixed conversion price of KRW 1,120 per share into 22,321,428 common shares from October 20, 2023 to September 20, 2025, series 19 bonds are fully convertible at a fixed conversion price of KRW 1,301 per share into 19,215,987 common shares from June 16, 2023 to May 16, 2025, and series 18 bonds are fully convertible at a fixed conversion price of KRW 1,301 per share into 19,215,987 common shares from May 26, 2023 to April 26, 2025. The transaction has been approved by the board of directors of the company. The subscription date for the bonds is March 10, 2022. The series 2 bonds is expected to close on August 18, 2022, series 3 bonds on September 8, 2022, series 4 bonds are expected to close on September 29, 2022, shares on April 28, 2022, series 19 bonds are expected to close on June 16, 2022, series 5 bonds are expected to close on October 20, 2022 and series 18 bonds are expected to close on May 26, 2022. The securities issued are subject to restriction period of one year from issuance.

The company also announced a private placement of 10,095,368 common shares at an issue price of KRW 1,002 per share for aggregate gross proceeds of KRW 10,115,558,736. The method of capital increase will be through third party allocation.