Mirae Asset Securities Reports ELS Issuance Results - Actual Proceeds Fall Far Short

Issuance of Mirae Asset Securities 36647th and 36648th ELS: Actual proceeds of 2.45 billion won vs. planned 59.46 billion won, indicating low subscription (approx. 4.1%)
36647th: Underlying assets EUROSTOXX50, S&P500, KOSPI200; monthly coupon condition (11.22% p.a.) and step-down autocall (85%→70%) structure
36648th: Underlying assets EUROSTOXX50, S&P500, NIKKEI225; autocall (75%→70%) and maturity condition (6.50% p.a. return)
Both are principal non-guaranteed, high-risk (grade 2), unlisted, electronically registered
Issuance costs: 36647th 111,100 won, 36648th 11,380 won
Proceeds to be used for purchasing high-grade bonds and derivative hedging to ensure stable maturity redemption