Daejoo Electronic Materials said it will adjust the conversion price of its 8th convertible bonds from KRW 110,345 to KRW 106,467, according to a disclosure filed on October 19, 2026.

Daejoo Electronic Materials said it lowered the conversion price of its 8th convertible bonds (unlisted) from KRW 110,345 to KRW 106,467 due to the rise in the share price. The company said it made the adjustment under a calculation method using the 1-month and 1-week recent weighted arithmetic average share price. As a result, the number of shares issuable on conversion increased from 20,322 to 21,062 shares, the company disclosed.

1. 01

   The adjustment was made because the share price rose, and the adjusted conversion price applies from October 19, 2026.

2. 02

   The company set the reference share price at the higher of the arithmetic average share price KRW 106,466.22 and the recent-day weighted arithmetic average share price KRW 104,384.77, which is KRW 106,466.22, and adjusted the conversion price to KRW 106,467, rounded up to the nearest unit below one won.

3. 03

   The company said no separate board resolution was required because the conversion price was adjusted due to a rise in the share price.

4. 04

   After the adjustment, the number of shares issuable on conversion changed from 20,322 to 21,062 shares.

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 110,345

Conversion price after adjustment

KRW 106,467

Conversion shares before adjustment

20,322 shares

Conversion shares after adjustment

21,062 shares

Total face value of unconverted bonds (electronically registered)

KRW 2.2425 billion

Minimum / maximum adjustment limit

KRW 99,138 / KRW 123,922

Filing facts

Filing type

Conversion or Exercise Price Adjustment

Report name

Adjustment of Conversion Price

Filed

Oct 19, 2026

Receipt number

20261019900560