Doosan Tesna is set to move into full-scale discovery of and investment in promising venture companies. The company announced in a regulatory filing on the 27th that it has decided to contribute 40 billion won to Doosan New Technology Investment Fund No. 2. The committed contribution amounts to 9.15% of its equity capital, and upon completion of the contribution, its stake is expected to reach 19.80%.

■ 40 Billion Won Cash Contribution... Scheduled Acquisition Date Is November 12, 2034

According to the 'Decision to Acquire Shares and Investment Securities of Other Corporations' filed by Doosan Tesna on the same day, the acquisition target is investment securities in Doosan New Technology Investment Fund No. 2, which is to be established. The acquisition amount is 40 billion won, the method is a cash acquisition, and the scheduled acquisition date is listed as November 12, 2034.

Doosan New Technology Investment Fund No. 2 is a new technology investment fund in which affiliate Doosan Investment serves as the managing partner. The total committed capital of the fund is 202.022 billion won, and Doosan Tesna is expected to participate as a limited partner.

■ Concurrent Disclosure of Beneficial Securities Transaction with Related Party... Counterparty Is Doosan Investment

In connection with this contribution, Doosan Tesna also disclosed a 'beneficial securities transaction with a related party.' The counterparty is affiliate Doosan Investment, and the transaction amount is 40 billion won. The disclosed balance of 202.022 billion won was recorded based on the total committed capital of Doosan New Technology Investment Fund No. 2. The beneficial securities transaction date is scheduled for November 13, 2026.

■ 8-Year Operation Period... Installment Contributions via Capital Call

The fund's operation period spans eight years, from November 13, 2026, to November 12, 2034, and may be extended twice in one-year increments. Rather than being paid in a lump sum, the contribution will be executed through a capital call method, with installments paid within the committed limit upon the managing partner's contribution requests. The disclosed acquisition of 40 billion units represents the number of investment units to be acquired if the full committed amount is contributed.

Doosan Tesna stated that the scheduled acquisition date refers to the point when the contribution payment is completed, and the actual schedule may change depending on progress. The fund's operation period and maturity date may also change subject to a special resolution of the partners' meeting. Both the contribution and the beneficial securities transaction were approved at the board meeting on October 27, and the company explained that related matters may change depending on the progress of procedures, relevant laws and regulations, and agreements with the counterparty.