N2 Retirement Pension ELS Issue No.51: KRW 3 Billion, Underlying Samsung/SK Hynix, Max Loss 40%

NH Investment & Securities issues N2 Retirement Pension ELS No.51 worth KRW 3 billion
Underlying assets: Samsung Electronics common stock and SK Hynix common stock (volatility 57.41%, 68.76%, correlation 0.8165)
Face value KRW 100,000, maturity 3 years (June 5, 2029), principal-guaranteed partial type, high-difficulty financial investment product
Maximum principal loss 40% (if knock-in barrier of 35% is breached), up to 16.1% p.a. return if conditions met
Auto early redemption: 1st-4th at 75% or above, 5th at 70% or above; maturity at 65% or above yields 48.3% return
Issuer credit rating AA+ (Korea Ratings, March 25, 2026)
Subscription period: May 26 to June 4, 2026; payment date June 5; issuance may be cancelled if total subscription < KRW 1 billion
Proceeds used for hedging (futures/options on underlying assets)

Filing: Additional Documents for Shelf Registration (Derivative-Linked Securities - Equity-Linked Securities)
Company: NH Investment & Securities (005940)
Submission: NH Investment & Securities Co., Ltd.
Receipt: 05-22-2026