RN2 Technologies Co., Ltd. (XKON:A148250) announced a private placement of 3rd series unregistered coupon unguaranteed private convertible bonds for gross proceeds of KRW 10,000,000,000 on November 7, 2019. The transaction will include participation from Anda Mezzanine Hedge Fund 7 and Anda H Mezzanine Hedge Fund 8 , funds managed byANDA Asset Management Co., Ltd. and Samsung Securities Co.,Ltd. (KOSE:A016360) for KRW 4,500,000,000, Science Venture Private Equity Fund S-1, a fund managed by ANDA Asset Management Co., Ltd and KEB Hana Bank Co., Ltd. for KRW 2,500,000,000, Anda Cruise Hedge Fund 1, a fund managed by ANDA Asset Management Co., Ltd and NH Investment & Securities Co., Ltd. (KOSE:A005940) for KRW 1,000,000,000, CSquare Dragon Multi-Strategy Private Equity Fund No. 1, a funds managed by C-Square Asset Management Co., Ltd and Samsung Securities Co.,Ltd. (KOSE:A016360) for KRW 300,000,000, CSquare Sniper Private Investment Trust No.

3, a fund managed by C-Square Asset Management Co., Ltd. and Samsung Securities Co.,Ltd. (KOSE:A016360) for KRW 300,000,000, CSquare Mezzanine Plus Private Equity Fund No. 13 and CSquare Venture Capital Private Investment Trust No. 6, a funds managed by C-Square Asset Management Co., Ltd. and NH Investment & Securities Co., Ltd. (KOSE:A005940) for KRW 900,000,000, CSquare Venture Capital Private Investment Trust No.

1 and CSquare Venture Capital Private Investment Trust No. 3, a funds managed by C-Square Asset Management Co., Ltd. and Korea Investment & Securities Co., Ltd. for KRW 500,000,000. The bonds will be issued at par and does not carry a coupon.

The bonds will mature on November 11, 2024. The bonds will be fully convertible into 793,650 shares of the company at a fixed conversion price of KRW 12,600 per share between the period of November 11, 2020 to October 11, 2024. The subscription and payment date is November 11, 2019.

The transaction has been approved by the board of directors of the company.