Kakao Healthcare Co., Ltd. announced a private placement of 12,000,000 common shares at an issue price of KRW 10,000 per share for gross proceeds of KRW 120,000,000,000 on April 21, 2022. The transaction will include participation from returning investor Kakao Corp. The transaction is expected to close on May 10, 2022.

The transaction has been approved by the board of directors.