SK Reits Co., Ltd. announced private placement of 31,000,000 common shares at a price of KRW 5,000 per share for proceeds of KRW 155,000,000,000 and 76,910,266 shares at an price of KRW 5,035.101556 per share for proceeds of KRW 387,251,000,009, for total gross proceeds of KRW 542,251,000,009 on June 29, 2021. The transaction will include participation from Shinhan Bank as trustee for EZ REITs Portfolio Professional Private Private No. 1 Trustee for 9,400,000 shares, Samsung Securities Co.

Ltd., Investment Arm for 8,700,000 shares, KB Securities Co., Ltd. for 1,800,000 shares, Korea Investment & Securities Co., Ltd., Investment Arm for 1,100,000 shares, Meritz Securities Co., Ltd., Investment Arm for 600,000 shares, Korean Federation of Community Credit Cooperatives for 9,400,000 shares and SKC Co., Ltd. for 76,910,266 shares. The expected payment date for 31,000,000 shares is July 5, 2021. The company will receive funding in two tranches for 76,910,266 shares.

The company will receive KRW 3,200,000,000 in its first tranche on July 2, 2021 and KRW 384,051,000,000 in its second tranche on July 5, 2021. The transaction has been approved by the board of directors of the company.