Amosense Co.,Ltd. announced a private placement to issue Zero Coupon Series 3 Bearer-Bearing Interest-Bearing, Unsecured Private Placement Convertible Bonds due June 14, 2029 for the gross proceeds of KRW 10,000,000,000 on June 12, 2024. The transaction will include participation from new investors Kyobo Mobility Advanced Materials New Technology Business Fund No. 1 for KRW 9,000,000,000 and KB Securities Co., Ltd. (from the status of a trust business operator of Fund 1 (Note 1)) Ricoh Asset Management Co., Ltd. (from the status of a collective investment business operator of Fund 1 (Note 1)) for KRW 1,000,000,000.

The transaction has been approved by shareholders, restricted to a hold period and expected to close on June 14, 2024. The bonds are 100% convertible into 765,872 shares at a price of KRW 13,057 from June 14, 2025 to June 14, 2025. The bonds are bear zero coupon rate and zero maturity rate and matures on June 14, 2029.