Dentis Co.,Ltd announced a private placement of series 2 unregistered nonguaranteed private placement convertible bonds for a gross proceeds of KRW 20,000,000,000 on August 25, 2021. The transaction will include participation from NH IBKC Dental Solution New Technology Investment Association for KRW 15,500,000,000, New Growth One 2 New Technology Investment Association for KRW 4,000,000,000, Ace Wellix New Technology Investment Association 1 for KRW 500,000,000. The bonds will mature on August 27, 2026. The bonds will be 100% converted into 1,550,147 common shares at a fixed conversion price of KRW 12,902 per share for an equity stake of 10.50%. The conversion period is from August 27, 2022 to July 27, 2026. The payment date of the transaction is August 27, 2021. The securities issued in the transaction are subject to a lock up period of one year. The transaction has been approved by the board of directors of the company.