Kyungnam Bank to Issue 100 Billion Won Contingent Convertible Bonds to Boost BIS Ratio

Amendment: Kyungnam Bank reduces its 6th series contingent convertible bond issuance from 135 billion won to 100 billion won, payment date 2026-06-05
Purpose: Improve BIS capital adequacy ratio by expanding additional Tier 1 capital, raising 100 billion won in operating funds
Features: Perpetual bond with issuer call option after 5 years, interest payment suspension conditions (e.g., management improvement measures)
Lead manager: Hanyang Securities, public offering
Kyungnam Bank's asset weight: 26.82% of BNK Financial Group (as of end-2025)

Filing: [Correction of Description] Decision On Issuance Of Amortizing Conditional Capital Securities (Major Management Matters Of Subsidiary)
Company: BNK Financial Group (138930)
Submission: BNK Financial Group Inc.
Receipt: 05-22-2026
Under KRX KOSPI Market Division