THE CODI Decides to Issue 5 Billion Won Convertible Bond (Conversion Price: 5,714 Won, Floor Adjustment: 4,000 Won, Dilution: 16.96%)

THE CODI decides to issue the 10th series unregistered unsecured private convertible bond worth 5 billion won (correction disclosure)
Conversion price: 5,714 won; minimum adjustment price: 4,000 won (70% of initial conversion price)
Number of shares upon conversion: 875,043 (16.96% dilution relative to outstanding shares)
Coupon rate: 3%, maturity yield: 4%, maturity date: July 30, 2029
Put option granted (every 3 months from 1 year after issuance, early redemption rate: 101.0151%~102.8917%)
Proceeds to be used for bio business factory construction (5 billion won)
Allottee: Kienes 1ho Union

Filing: [Correction of Description] Report on Major Matters (Decision on Issuance of Convertible Bonds)
Company: THE CODI (224060)
Submission: THE CODI Co., LTD.
Receipt: 05-20-2026