Hanwha Investment & Securities announced that it has decided on a 500 billion won paid-in capital increase through a third-party placement. The raised funds are expected to be used as operating capital to strengthen financial soundness and enhance business competitiveness.

■ Total of 100 Million Shares to Be Issued at 5,000 Won Per Share

Hanwha Investment & Securities will issue a total of 100 million shares, consisting of 50 million common shares and 50 million convertible preferred shares. The issue price per share is 5,000 won for both types, calculated by applying a 10.5% premium to the base share price of 4,527 won.

The third-party allottees participating in the capital increase are its majority shareholder Hanwha Asset Management and affiliate Hanwha Life Insurance. Hanwha Asset Management will be allotted 50 million common shares, while Hanwha Life Insurance will receive 50 million convertible preferred shares, with each company investing 250 billion won. All newly issued shares will be subject to a full one-year lock-up.

Through its participation in this paid-in capital increase, Hanwha Life Insurance will acquire 50 million convertible preferred shares. Based on the total number of issued shares after the capital increase of 319,347,775 shares, its stake will amount to 15.66%.

■ Aim Is to Build Foundation for Comprehensive Financial Investment Business License

The payment date for this capital increase is October 8, 2026, with the delivery of new share certificates and the listing of new shares scheduled for the 22nd of the same month. Hanwha Investment & Securities stated the purpose of the third-party placement capital increase as 'achieving the company's management objectives, including building a foundation for obtaining a comprehensive financial investment business license through capital expansion and improving its financial structure.'

The convertible preferred shares are registered and carry no voting rights. The conversion ratio is 100%, the initial conversion price is 5,000 won per share, and the shares to be issued upon conversion are 50 million common shares of Hanwha Investment & Securities. The conversion claim period runs from October 10, 2027 to October 9, 2056.

The convertible preferred shares are cumulative, non-participating preferred shares. If a dividend resolution is passed at the general shareholders' meeting, they will receive cash dividends at an annual preferential dividend rate of 6% based on the par value per share, cumulatively and with priority over common shares.

Hanwha Investment & Securities stated in its disclosure on the related interested parties' participation in the paid-in capital increase that the details may change depending on the progress of the capital increase. It added that the issuance and payment schedule, the scheduled date for delivery of new shares, and the allottees may also be changed through consultation with the relevant authorities.