Hana Technology Co., Ltd. announced a private placement of the series 2 bearer type interest part unguaranteed private placement convertible bonds for KRW 47,000,000,000 on October 22, 2021. The transaction has been approved by the board of directors of the company. The payment date is October 26, 2021. The bond maturity date is October 26, 2026. The bonds will be fully convertible into 825,981 shares at a price of KRW 56,902 per share for 10.26% stake in the company. The conversion period starts from October 26, 2022 and ends September 26, 2026. The bonds to be issued will have a hold period of one year, post the closing.