Studio Santa Claus Exercises Warrants for 530,000 Convertible Bonds

[Asia Economy Reporter Park Junyi] Studio Santa Claus announced on the 23rd that it has exercised the conversion rights for 269,721 shares (approximately 2 billion KRW) of anonymous, unsecured private convertible bonds with warrants and 255,827 shares (approximately 1.8 billion KRW) of anonymous, unsecured private convertible bonds. This totals 525,548 shares, representing 5.09% of the total issued shares.