Coas Issues 2M Shares via Conversion, Listing Delayed to May 27

Exercise of conversion rights for 5 billion won (conversion price 2,500 won) of 10th unregistered unsecured private convertible bonds results in issuance of 2,000,000 shares; listing date corrected from May 22 to May 27, 2026
Dilution effect of 3.76% based on total outstanding shares of 53,175,440
Remaining unconverted bond balance of 10 billion won as of filing date (convertible into 4,000,000 shares)
Listing delay due to schedule postponement request by relevant authorities