Daishin Securities Successfully Issues 1099th ELB, Raising 14.97 Billion KRW – Limited Impact on Shareholder Value

Daishin Securities issued the 1099th ELB: 99.88% of the total 14.97 billion KRW offering was subscribed and fully allocated (no shortfall)
Underlying asset is S&P500, maturity 183 days, low-risk product offering annual return of approximately 3.1%
All raised funds will be used for hedging (underlying asset and derivatives), segregated from the issuer's general business funds
This issuance is small relative to equity, involves no equity conversion or dilution, and thus has no direct impact on shareholder value
[AI Summary]This is a routine ELB issuance with no capital increase or equity dilution; impact on stock price and shareholder value is neutral