EVERYBOT Inc. announced a private placement of series 1 Bearer-type non-guaranteed private convertible bonds for a gross proceeds of KRW 20,000,000,000 on March 29, 2024. The transaction will include participation from new investors, Daol Investment & Securities Co., Ltd, Mirae Asset Securities Co., Ltd., Shinhan Investment & Securities Co., Ltd, Meritz -JB New Technology Financial Association No. 1, Synergy Ivy Director No.

9 New Technology Fund., Korea Investment Capital Time Folio New Technology Business Fund. The bonds have coupon and maturity rate of 0%. The bonds will mature on April 2, 2029.

The bonds will be 100% converted into 786,132 common shares at a fixed conversion price of KRW 25,441 per share for an equity stake of 6.06%. The conversion period is from April 2, 2025 to March 2, 2029. The payment date of the transaction is April 2, 2024.

The transaction has been approved by the board of directors of the company.