SJG Sejong will make an additional investment of 34.528 billion won in its U.S. subsidiary SJG AMERICA, INC. The funds will be used to raise facility funding.

According to a regulatory filing on the 22nd, SJG Sejong decided to invest 26 million dollars in SJG America. The converted amount of 34.528 billion won was calculated using the exchange rate of 1,328 won per dollar as of October 21, 2026.

The capital increase method was reported as a rights offering to shareholders. However, this investment will be carried out by recording the contributed funds as capital surplus without issuing new shares. Accordingly, details such as the issuance price of new shares were not disclosed.

The company plans to convert the capital surplus into capital stock and issue new shares accordingly in the future. However, the specific schedule and conditions have not yet been finalized.

SJG America is a wholly owned subsidiary of SJG Sejong, and there is no change in the equity stake before and after this additional investment. The total number of issued shares before the capital increase is 1 million common shares, and both the payment date and the board resolution date are October 22, 2026.