RF Materials Co., Ltd. announced a private placement of series 5 Non-guaranteed Private convertible bonds with Bearer Type Interest Part for gross proceeds of KRW 10,000,000,000 on June 15, 2022. The transaction will include participation from NH eBest, Senior Manager, New Technology Fund No. 1 for KRW 5,000,000,000, SKS IB New Materials and New Technology Fund No.

1 for KRW 3,000,000,000, NH Absolute Return General Private Equity Trust No. 1 for KRW 1,500,000,000 and NH Absolute KOSDAQ Venture Mezzanine Alpha General Private Equity Trust No. 1 for KRW 500,000,000.

The bonds do not carry any interest. The maturity date of the bonds is June 17, 2025. The bonds are fully convertible at a fixed conversion price of KRW 12,463 per share into 802,375 common shares from June 17, 2023 to May 17, 2025.

The payment date and the subscription date of the bonds is June 17, 2022. The transaction was approved by the board of directors of the company.