Downward Conversion Price Adjustment for Series 3 CB (1,830→1,729 KRW)

Conversion price adjusted downward: 1,830 → 1,729 KRW (-5.52%)
Shares issuable upon conversion increased: 2,185,792 → 2,313,475 (+5.84%)
Reason: Market price decline (benchmark price 1,087 KRW vs previous conversion price 1,830 KRW)
Basis: Regular quarterly adjustment per bond terms, reflecting 10:1 stock merger
Minimum adjusted price limit: 1,729 KRW (70% of initial conversion price)
Effective date: 2026-04-29
No separate board resolution (automatic adjustment per terms)