Poongwon Precision Cuts Conversion Price to KRW 7,444 From KRW 10,634

• Poongwon Precision cut the conversion price of its second-series convertible bonds to KRW 7,444 from KRW 10,634.
• The adjustment takes effect Oct. 21, 2026, reflecting a decline in the share price.
• For KRW 6 billion in outstanding bonds, shares issuable upon conversion increase to 806,018 from 564,227.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Poongwon Precision Co. Ltd. published the original content used to generate this news brief via DART, the regulatory disclosure system operated by the South Korea Financial Supervisory Service (FSS) (Ref. ID: 20261021900153), on October 21, 2026, and is solely responsible for the information contained therein.