Nuriplan Co., Ltd. announced a private placement of series 7 unsecured privately placed convertible bonds with bearer interest for a gross proceeds of KRW 3,000,000,000 on June 21, 2023. The transaction will include participation from Broad High Everest KOSDAQ Venture General Private Equity Trust No. 2, SunNtree Venture Investment General Private Equity Trust No.

4, funds managed by NH Investment & Securities Co., Ltd. Atman KOSDAQ Venture General Private Equity Fund No. 2, Atman KOSDAQ Venture General Private Equity Fund No. 3, Artman KOSDAQ Venture General Private Equity Fund No.

4, funds managed by Korea Investment & Securities Co., Ltd., Life IPO KOSDAQ Venture General Private Equity Investment Trust No. 4, a fund managed by KB Securities Co., Ltd. The bonds have a coupon rate of 0%. The bonds will mature on June 23, 2028.

The bonds will be 100% converted into 570,993 common shares at a fixed conversion price of KRW 5,254 per share. The conversion period is from June 23, 2024 to May 23, 2028. The payment date of the transaction is June 23, 2023.

The securities issued in the transaction are subject to a lock up period of one year. The transaction has been approved by the board of directors of the company. The company has used domestic privately placed convertible bonds issuance method in the transaction.