VT GMP Co.,Ltd announced a private placement of Non-guaranteed Private Equity Exchange Bond with Bearer Type Interest Part for an aggregate gross proceeds of KRW 10,599.998133 on March 16, 2022. The payment date for the transaction is March 18, 2022. The bonds can be 100% converted into 1,429,149 shares at a price of KRW 7,417 per share.

The bond maturity date is March 18, 2025. The conversion period is from March 18, 2023 to February 18, 2025. The transaction has been approved by the board of directors of the company.