[This Week's Paid-in Capital Increase] November Second Week Public Offering Schedule

[Asia Economy Reporter Hyunseok Yoo] In the second week of this month (November), EID and Haesung Industry will proceed with rights offerings.

◆EID= EID will conduct a rights offering through a general public subscription method. Subscription will take place from the 10th to the 11th.

The issue price is scheduled to be announced on the 8th. The currently determined issue price is 363 KRW. They will issue 222 million shares to raise 80.6 billion KRW.

They plan to invest 14.4 billion KRW in facility funds, which will be used for the construction payment of an officetel in Suwon City, 40.6 billion KRW for debt repayment, and 9.1 billion KRW for operating funds. Additionally, 15 billion KRW will be used to acquire securities of other corporations for the operating funds of the subsidiary GEE.

◆Haesung Industry= Haesung Industry will conduct a rights offering through a shareholder allocation followed by a general public subscription for unsubscribed shares. Existing shareholders can subscribe from the 11th to the 12th, and general public subscription will be held from the 16th to the 17th.

The finalized issue price is scheduled to be announced on the 9th. The currently determined issue price is 7,100 KRW. They will raise 7.1 billion KRW by issuing a total of 1 million shares. The type of shares issued will be registered preferred shares.

All 7.1 billion KRW will be used for operating funds, including replacement of aging facilities in Haenam Building and Songnam Building, and restroom remodeling in Busan Songnam Building.