Conversion Price Adjustment for 17th CB: 1,522 KRW to 1,424 KRW (Market Decline)
Conversion price for the 17th series CB adjusted downward from 1,522 KRW to 1,424 KRW due to market price decline (effective date 2026-04-27)
After adjustment, shares issuable upon conversion increase from 24,704,336 to 26,404,494 (based on total outstanding principal of 37.6 billion KRW)
Basis: Monthly adjustment mechanism where the market price calculation is lower than the current conversion price; floor set at 70% of initial conversion price (1,160 KRW)
This is a routine adjustment automatically applied without separate board resolution
KOSDAQ Filing Information
Filing: Adjustment of Conversion Price (17th Series)