LUMENS Bios to Issue 18 Billion Won in Convertible Bonds

• LUMENS Bios will issue KRW 18 billion of unsecured convertible bonds through a private placement.
• The bonds will settle part of the purchase price for Polaris Uno shares and convertible bonds.
• Payment is scheduled for December 11, 2026; the zero-interest bonds mature on December 11, 2030.
• The provisional conversion price is KRW 1,142 per share, implying 15,761,821 new shares, or 37.89% of enlarged capital.
• Bondholders can seek early repayment from December 11, 2027; the issuer’s call option covers up to 50% of the issuance.

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. LUMENS Bios 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: 20261021000431), on October 21, 2026, and is solely responsible for the information contained therein.