Daejoo Electronic Materials disclosed that it adjusted the conversion price of its 7th convertible bonds from KRW 109,824 to KRW 105,555.

Daejoo Electronic Materials adjusted the conversion price of its 7th convertible bonds (unlisted) from KRW 109,824 to KRW 105,555, with the adjusted conversion price applying from October 14, 2026. The company said the adjustment was made because of a rise in the market price, and as a result the number of shares available on conversion increased from 315,613 shares to 328,377 shares. The company said it did not pass a separate board resolution for this adjustment.

1. 01

   The company said the adjustment was made because of a rise in the market price.

2. 02

   The reference share price is KRW 105,554.86, the higher (MAX) of the arithmetic average share price of KRW 105,554.86 and the arithmetic weighted average share price of the most recent day of KRW 104,951.27. The adjusted conversion price is KRW 105,555 after rounding up any amount below one won.

3. 03

   The minimum adjustment limit is KRW 99,138 (80% of KRW 123,922), and the maximum adjustment limit is KRW 123,922.

4. 04

   The company said it did not pass a separate board resolution, as the conversion price adjustment resulted from a decline in the market price.

An AI model translated the Korean summary of this filing into English; every number is carried over from the Korean original. Reference information, not investment advice.

Key figures

Conversion price before adjustment

KRW 109,824

Conversion price after adjustment

KRW 105,555

Shares available on conversion before adjustment

315,613 shares

Shares available on conversion after adjustment

328,377 shares

Outstanding convertible bonds, total face value (electronic registration)

KRW 34.7 billion

Date of application of adjusted conversion price

October 14, 2026

Filing facts

Filing type

Conversion or Exercise Price Adjustment

Report name

Adjustment of Conversion Price

Filed

Oct 14, 2026

Receipt number

20261014900226