JETEMA, Co., Ltd. announced that it will issue series 8 bearer unguaranteed private placement convertible bonds for gross proceeds of KRW 70,000,000,000 on July 1, 2021. The bonds will be issued at par. The transaction will include participation from of Brain Fund 1, Brain Fund 2, Brain Fund 3 for KRW 6,000,000,000 and Brain Fund 4 for KRW 3,000,000,000, Kb-Brain Kosdaq Scale-Up New Technology Business Investment Fund, a fund managed by Brain Asset Management Co., Ltd. for KRW 3,000,000,000, Kiwoom Securities Co., Ltd., Investment Arm for KRW 11,500,000,000, C-Square Fund 1, C-Square Fund 2, C-Square Fund 3, and C-Square Fund 4 for KRW 7,000,000,000, C Square Fund 5 for KRW 1,000,000,000, eBest Investment Securities Co., Ltd., Investment Arm for KRW 5,000,000,000, BnB Fund 1, BNB Fund 3, and BNB Fund 4 for KRW 3,700,000,000, BNB Fund 2 for KRW 300,000,000, A-One Fund 1, A-One Fund 2, and A-One Fund 3 for KRW 1,300,000,000, A-One Fund 4 for KRW 2,700,000,000, New Growth One New Technology Fund II, a fund managed by Axis Investment Co., Ltd. for KRW 4,000,000,000, Mirae Asset Securities Co., Ltd. (KOSE:A006800) for KRW 3,000,000,000, Galaxy KOSDAQ Venture Specialized Investment Criminal Equity Trust No.

3 for KRW 3,000,000,000, Suseong Fund 1, Suseong Fund 2, and Suseong Fund 3 for KRW 3,000,000,000, Shinhan Capital, Investment Arm for KRW 2,500,000,000, Ricoh Fund 1 for KRW 1,000,000,000, Ricoh Fund 2 for KRW 1,000,000,000, Orion Fund 1 and Orion Fund 2 for KRW 2,000,000,000, Ryan Blue KOSDAQ Venture Professional Investment Type Private Equity Trust for KRW 1,500,000,000, JMC KOSDAQ Venture Specialized Investment Type Private Equity Trust for KRW 1,500,000,000, NH Absolute Return Professional Investment Private Equity Trust No. 1 for KRW 1,500,000,000, Genie Pre-IPO Active Professional Investment Private Equity Trust No. 1 for KRW 1,500,000,000.

The bonds will bear zero coupon. The bonds will mature on July 07, 2024. The bonds are fully convertible into 37,966 common shares at a fixed exchange price of KRW 37,966 per share from July 07, 2022 to June 07, 2024.

The date of subscription is July 5, 2021 and expected date of payment is July 7, 2021. The transaction is approved by the board of directors of the company. The bonds issued will be subject to a hold period of one year and are redeemable.