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In accordance with Article 416 of the Commercial Act, Ascent Korea Co., Ltd. has decided to issue new shares at its Board of Directors as follows, and therefore announces this in accordance with Article 418 of the Commercial Act.
Type and number of new shares: 7,872 shares of registered redeemable convertible preferred stock Issuance price of new shares (acquisition price): KRW 190,544 in gold per share Total acquisition price of preferred stock: KRW 1,499,962,368 in gold Face value: 500 won Special Data Payment due date: February 20, 2023 Method of acquisition of new shares:
Third party allocation (in accordance with Article 10, Paragraph 2 of the Articles of Incorporation) February 3, 2023 Ascent Korea Co., Ltd. Room 301, 3rd floor, 15 Dosan-daero 16-gil, Gangnam-gu, Seoul (Nonhyeon-dong, Yongheon Hall) CEO Park Se-yong
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