Bonne plans to raise approximately 22.2 billion won in funds. The company will simultaneously pursue a third-party allocation paid-in capital increase and the issuance of convertible bonds (CBs).

Bonne announced in a regulatory filing that its board of directors resolved on the fundraising plan on the 31st. The raised funds will be used entirely as operating capital. The key details of the fundraising are as follows.

• ■ 2.2 Billion Won Third-Party Allocation Paid-in Capital Increase
• Bonne will conduct a third-party allocation paid-in capital increase worth 2,203,340,048 won.
• Number of shares to be issued: 1,678,096 shares
• New share issue price: 1,313 won per share (price calculated based on current standards)
• Payment date: August 10
• New share listing date: August 24
• Allottee: H Investment Partnership

The company explained that it selected the investor taking into consideration the achievement of management objectives and the need for prompt fundraising. However, the current issue price is provisional, and the company plans to calculate the final issue price on August 5 and file a correction disclosure on August 6.

• ■ 200 Billion Won Convertible Bond (CB) Issuance
• Bonne will raise a total of 200 billion won by issuing the 5th and 6th unregistered bearer-type unguaranteed private convertible bonds, each in the amount of 10 billion won.
• Coupon rate: 3% per annum
• Maturity yield: 5% per annum
• Maturity date: August 28, 2029
• Conversion price: 1,396 won per share
• Number of shares issuable upon conversion: 7,163,323 shares (46.06% of total outstanding shares)

The conversion claim period runs from August 28, 2027 to July 28, 2029. Investors may request early redemption (Put Option) every three months starting one year after the issuance date, in which case the company will apply an early redemption yield of 5.0% compounded annually.

The company added that both convertible bond issuances will be conducted as private placements, and conversion and principal split will be restricted for one year from the date of issuance.