PNIcompany.Co.,Ltd. announced a private placement of 546,220 redeemable convertible preferred shares at the price of KRW 4,760 per share for gross proceeds of KRW 2,600,007,200 on December 23, 2021. The transaction will include participation from Mirae Asset Securities Co., Ltd. in the position of trustee of GVA Fortress-A General Private Equity Trust for 180,010 shares, Mirae Asset Securities Co., Ltd. in the position of trustee of GVA Saber-G General Private Equity Trust for 7,587 shares, Mirae Asset Securities Co., Ltd. in the position of trustee of GVA Saber-V General Private Equity Trust for 12,933 shares, Samsung Securities Co., Ltd. in the position of trustee of GVA Fortress-V General Private Equity Trust for 6,651 shares, and Samsung Securities Samsung Securities Co., Ltd. in the position of trustee of GVA Saber-E General Private Equity Trust for 2,904 shares. The par value of the shares is KRW 500. The company will increase capital through third party allocation. The redeemable convertible preferred shares will be converted into 546,220 shares. The transaction has been approved by the board of directors of the company. The transaction is expected to close on December 31, 2021.