TILON Co.,Ltd. announced that it will issue 160,000 shares of par value, KRW 500 at a price of KRW 12,500 per share for gross proceeds of KRW 2,000,000,000 on March 18, 2022. The company will issue shares through third party allocation increase. The payment date for shares is March 29, 2022.

The transaction has been approved by board of directors of the company. The total number of shares issued prior to transaction are 4,953,645 common shares.