LUMENS Bios to Buy 11.02% Stake in Polaris Uno for KRW 13.78 Billion

• LUMENS Bios will acquire Polaris Uno shares and convertible bonds for KRW 57.28 billion to secure management control and diversify its business.
• The share purchase covers 1,900,000 shares from Polaris Sewon for KRW 13.78 billion, representing an 11.02% stake.
• Polaris Investment Association will sell convertible bonds with KRW 15 billion face value for KRW 43.5 billion.
• Closing is scheduled for December 11, 2026; the share purchase will be paid through newly issued private-placement convertible bonds.
• Conversion of the acquired bonds into 6,000,000 shares would raise ownership to approximately 34%, targeting largest-shareholder status by December 31, 2026.

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: 20261021900638), on October 21, 2026, and is solely responsible for the information contained therein.