Hyundai Engineering & Construction Co.,Ltd. has announced a private placement of Series 312 Bearer-type unsecured private placement convertible bonds of the company to raise gross proceeds of KRW 500,000,000,000 on June 9, 2026. The transaction involves the new investor participation of NH Investment & Securities Co., Ltd. for KRW 200,000,000,000, Korea Investment & Securities Co., Ltd. for KRW 150,000,000,000, Kiwoom Securities Co., Ltd. for KRW 150,000,000,000. The bonds are 100% convertible into 3,319,898 common shares of the company at a conversion price value of KRW 150,607 and carry interest rate of 0% and maturity interest rate of 0%.

The conversion billing period starts from July 7, 2027 to June 7, 2031. The transaction has been approved by the board of directors of the company. The transaction is subject to 1 year hold period.

The bonds have a maturity date of July 7, 2031. The transaction is expected to close on July 7, 2026.