Kyobo Securities ELD No. 12486 Issuance – Severe Under-Subscription

Kyobo Securities issued ELD No. 12486, actual proceeds KRW 29,850,000 (0.6% of filed amount KRW 4,975,000,000) – severe under-subscription
Underlying: Samsung Electronics common stock; maturity 2028-05-15; principal protected (100% repayment even if final price below 100% of initial)
Monthly coupon 0.6325% if underlying at least 85% of initial price
Issuance could be cancelled if total subscription below KRW 300 million; however, partial payment completed without cancellation