SD SYSTEM Co., Ltd announced that it will issue 1,538,460 common shares of par value, KRW 500 at a price of KRW 650 per share for gross proceeds of KRW 999,999,000 on September 27, 2022. The transaction will include participation from returning investor Park, Bong Yong. The company will issue shares through third party allocation increase method.

The payment date of transaction is November 28, 2022. The transaction has been approved by board of directors of the company. The securities to be issued in the transaction will be subject to a 12 month hold period.