Pulmuone USA Corporation, 50 Billion KRW Third-Party Paid-in Capital Increase

[Asia Economy Reporter Hwang Yoon-joo] Pulmuone announced on the 19th that its US subsidiary, Pulmuone Foods USA, has decided to conduct a third-party allotment paid-in capital increase to raise approximately KRW 49.99 billion in facility funds.

New shares totaling 5,800 common shares will be issued at KRW 8,619,675 per share. The issuance price was calculated using a USD-KRW exchange rate of 1,405. The third-party allotment recipients include 'Global ESG Innovation Growth Private Equity Partnership' (4,640 shares), among others.