Organic T Cosmetic announced on the 23rd that it has decided on a third-party allotment capital increase worth approximately 58.24 billion won.

Through this capital increase, the company will newly issue 12.8 million shares of common stock at an issuance price of 4,550 won per share. The payment date is July 2, 2026, and the new shares are scheduled to be listed on July 30, 2026.

This capital increase will be conducted through an overseas issuance method, with approximately 297.3 million Hong Kong dollars (HKD) to be paid in. The company calculated the total converted amount of 58.24 billion won by applying the exchange rate (1 HKD = 195.89 won) published by Seoul Foreign Exchange Brokerage as of June 23, 2026. However, the actual amount raised may vary depending on future exchange rate fluctuations.

The raised funds will be used entirely as operating capital, with the specific utilization plans as follows: • Marketing of footwear products and establishment of sales channels in the Indonesian market • Establishment of distribution channels and purchase of raw materials related to the domestic tea leaf sales business • Enhancing brand awareness and marketing activities for the 'Tea Baby' brand • Securing general operating capital

The third-party allotment recipients total eight individuals (including corporate entities), including the largest shareholder SUN YANE, as well as SUN AIJUAN, SONG LUTENG, GAN XIAOCHUN, LONG GAOXIANG, YING CHENGZHI, ZENG ZHAOJIE, and ZHUOHUA INVESTMENT HOLDINGS PTE. LTD. Each will be allotted between 1.4 million and 1.8 million shares, and all newly issued shares will be subject to a mandatory one-year lock-up period.

Meanwhile, the company's stock trading has been suspended since May 26, 2026, following a 50-to-1 stock consolidation. Due to the trading suspension, which made it difficult to calculate a standard reference price, the company stated that the new share issuance price was determined based on the closing price on May 22, 2026, just before the suspension. The final closing price before the suspension was 91 won, and the price reflecting the 50-to-1 stock consolidation is 4,550 won per share.