Fine Semitech Corp. announced a private placement of 8 bearer unsecured convertible bonds for the gross proceeds of KRW 15,000,000,000 on April 3, 2023. The transaction will include participation from Division Synergy Value-up New Technology Business Fund No.

1. The bonds are 100% convertible into 591,715 common shares at a price of KRW 25, 350. The bonds will be matured on a debt maturity date of April 4, 2026. The transaction has been approved by the shareholder's of the company and is expected to close on April 4, 2023.