UCI Co., Ltd. announced a private placement of 11,000,000 common shares at an issue price of KRW 500 per share for gross proceeds of KRW 5,500,000,000 on September 14, 2022. The transaction will include participation from Chunjiin M Partners for 7,000,000 shares, Chunjiin Industry Development Co.Ltd for 2,000,000 shares and Naban Holdings Ltd. for 2,000,000 shares. The company will issue shares through third party allotment method.

The expected payment date of transaction is September 20, 2022.