IBKS No.15 Special Purpose Acquisition Company announced a private placement of series 2 non-guaranteed private placement convertible bonds for gross proceeds of KRW 3,000,000,000, and series 3 bearer non-guaranteed private placement bonds with warrants for gross proceeds of KRW 10,000,000,000; for aggregate gross proceeds of KRW 13,000,000,000 on July 24, 2023. The series 2 bonds transaction will include participation from ZV Mezz-IPO General Private Equity Trust for KRW 700,000,000; ZV SABER-G General Private Equity Trust for KRW 100,000,000; ZV SABER-V General Private Equity Trust for KRW 200,000,000; HYUN STEADY KOSDAQ Venture Private Equity Trust No. 3 for KRW 600,000,000; HYUN STEADY KOSDAQ Venture Private Equity Trust No.

4 for KRW 400,000,000; Moby Dick KOSDAQ Venture General Private Equity Trust No. 1 for KRW 1,000,000,000. The series 2 bonds have maturity interest rate of 1%.

The series 2 bonds will mature on July 26, 2028. The series 2 bonds will be 100% converted into 543,183 common shares at a fixed conversion price of KRW 5,523 per share for an equity stake of 2.79%. The series 2 bonds?

conversion period is from July 26, 2024 to June 26, 2028. The series 2 bonds issued in the transaction are subject to a lock up period of one year. The transaction has been approved by the board of directors of the company.

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