In accordance with Article 418 of the Commercial Act and Article 10 of our Articles of Incorporation, we hereby announce that our Board of Directors, held on November 8, 2024, has resolved to issue new shares as follows:
Type and Number of New Shares: 1,363 registered redeemable convertible preferred shares (Refer to ‘6) Details of New Share Allocation’ for specifics)
Issue Price of New Shares: KRW 4,402,000 per share (Face value: KRW 5,000 per share)
Payment Date: November 28, 2024 (The payment date may be adjusted in consultation with relevant institutions and underwriters)
Financial Institution for Payment: IBK Industrial Bank of Korea, Pyeongchon Acro Tower Branch
Method of Subscription for New Shares: Third-party allocation in accordance with Article 10, Paragraph 2 of our Articles of Incorporation
Details of New Share Allocation:
SJG PARTNERS:
SJG Semiconductor Materials and Components No. 1 New Technology Investment Fund: 1,363 shares (KRW 5,999,926,000)
Other Details Regarding the Issuance of New Shares: Entrusted to the CEO.
November 11. 2024
S.E.A. Co., Ltd.
Jaeho Shin, CEO