UNID Company Ltd. announced a private placement to issue Zero Coupon Series 1 Bearer Interest Unsecured Private Placement Exchangeable Bonds due June 25, 2029 for the gross proceeds of KRW 15,420,833,337 on June 21, 2024. The transaction will include participation from new investors Hana Investment Banking & Securities Inc. for KRW 2,000,000,000, KB Securities Co., Ltd. for KRW 2,420,833,337, Shinhan Investment & Securities Co., Ltd. for KRW 1,000,000,000, KB Securities Co., Ltd. (in the fiduciary position of Fund 1) for KRW 1,000,000,000, KB Securities Co., Ltd. (in the fiduciary position of Fund 2) for KRW 600,000,000, KB Securities Co., Ltd. (as a trustee of Fund 3) for KRW 400,000,000, NH Investment & Securities Co., Ltd. Co., Ltd. (in the fiduciary position of Fund 4) for KRW 1,000,000,000, NH Investment & Securities Co., Ltd. Co., Ltd. (in the fiduciary position of Fund 5) for KRW 500,000,000, NH Investment & Securities Co., Ltd. Co., Ltd. (in the fiduciary position of Fund 6) for KRW 500,000,000, KB Securities Co., Ltd. (as a fiduciary of Fund 7) for KRW 1,000,000,000, Samsung Securities Co., Ltd. (in the fiduciary position of Fund 8) for KRW 2,000,000,000, KB Securities Co., Ltd. (in the fiduciary position of Fund 9) for KRW 400,000,000, KB Securities Co., Ltd. (as a fiduciary of Fund 10) for KRW 600,000,000, Samsung Securities Co., Ltd. (in the fiduciary position of Fund 11) for KRW 1,000,000,000 and KB Securities Co., Ltd. (in the fiduciary position of Fund 12) for KRW 1,000,000,000. The transaction has been approved by shareholders, restricted to a hold period and is expected to close on June 25, 2024.

The bonds bear zero coupon rate, zero maturity rate and matures on June 25, 2029. The bonds are 100% convertible into 128,671 shares at an issue price of KRW 119,847 from June 27, 2024 to May 25, 2029.