Hanwha Solutions announced on the 25th that its U.S. subsidiary, 'Hanwha Q CELLS USA, Corp.', has decided on a third-party allotment paid-in capital increase worth approximately KRW 300 billion.

The total funds to be raised through this paid-in capital increase amount to KRW 299,995,991,268. These funds will be used entirely as other capital, and Hanwha Solutions plans to improve its financial structure through debt repayment.

Key Issuance and Allotment Details • Shares Issued: 90.3 shares of Redeemable Convertible Preferred Stock • Issue Price: KRW 3,322,563,325 per share • Payment Date and Dividend Accumulation Date: June 25, 2026 • Allottees: NewtaQ First Inc. and Project Solar First Inc. (45.15 shares each)

The company explained that the investors were selected through a comprehensive review of their investment intent, payment capacity, and feasibility of fundraising in order to swiftly secure funds for achieving management objectives.

Disclosure Background and Governance Structure 'Hanwha Q CELLS USA, Corp.' is a U.S. subsidiary of 'Hanwha Q CELLS Americas Holdings Corp.', which is a 100%-owned subsidiary of Hanwha Solutions. The amount of this paid-in capital increase represents 2.5% or more of Hanwha Solutions' equity capital (KRW 11.185 trillion) as of the end of 2025, making it subject to disclosure as a major management matter.

Detailed Terms of Share Rights The Redeemable Convertible Preferred Stock to be issued carries no voting rights. Investors may exercise conversion rights starting four years after issuance. The redemption right is held by the issuer and may similarly be exercised after four years, taking precedence over the exercise of conversion rights.