HLB said it will adjust the conversion price of its 43rd convertible bond from KRW 35,866 to KRW 42,710.

HLB said it will adjust the conversion price of its 43rd convertible bond from KRW 35,866 to KRW 42,710. The company said the adjustment is due to a rise in the share price. As a result, the number of convertible shares will change from 697,038 shares to 585,343 shares, the company said. The adjusted conversion price will apply from October 15, 2026.

1. 01

   According to the company's filing, the adjustment is due to a rise in the share price, and no board resolution was required.

2. 02

   The adjustment is based on a weighted arithmetic average share price calculated as of every 3 months from the issue date of the bonds.

3. 03

   The reference share price is KRW 42,709.73, and the final adjusted conversion price was set at KRW 42,710, within a minimum adjustment limit of KRW 35,866 and a maximum adjustment limit of KRW 51,237.

4. 04

   According to the company's filing, the number of shares convertible will change from 697,038 shares to 585,343 shares as a result of the conversion price adjustment.

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 35,866

Conversion price after adjustment

KRW 42,710

Convertible shares before adjustment

697,038 shares

Convertible shares after adjustment

585,343 shares

Total outstanding bond face value (electronically registered)

KRW 25 billion

Adjusted price application date

October 15, 2026

Filing facts

Filing type

Conversion or Exercise Price Adjustment

Report name

Adjustment of Conversion Price

Filed

Oct 15, 2026

Receipt number

20261015900184