H&B Design Co., Ltd. announced a private placement to issue Series 10 Bearer-Type Interest-Bearing Private Placement Convertible Bonds for the gross proceeds of KRW 5,880,000,000 on March 20, 2024. The bonds will have interest rate to maturity of 3% and will be matured on a maturity date of March 20, 2027. The bonds will be convertible into common shares at a conversion price of KRW 1,262.