New Risk • Apr 17
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of South Korean stocks, typically moving 13% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Market cap is less than US$100m (₩36.9b market cap, or US$24.9m). Announcement • Mar 27
Photon Co., Ltd. announced that it has received KRW 4 billion in funding from Sangsangin Savings Bank On March 26, 2026, Photon Co., Ltd. closed the transaction. Announcement • Mar 20
Photon Co., Ltd. announced that it expects to receive KRW 4 billion in funding from Sangsangin Savings Bank Photon Co., Ltd. has announced a private placement of Series 6 Unregistered Interest Unsecured Private Convertible Bonds of the company to raise gross proceeds of KRW 4,000,000,000 on March 18, 2026. The transaction involves the new investor participation of Sangsangin Savings Bank for KRW 4,000,000,000. The bonds are 100% convertible into 2,041,858 common shares of the company at a conversion price value of KRW 1,959 and carry interest rate of 2% and maturity interest rate of 6%. The conversion billing period starts from March 26, 2027 to February 26, 2029.The transaction has been approved by the board of directors of the company. The transaction is subject to 1 year hold period. The bonds have a maturity date of March 26, 2029. The transaction is expected to close on March 26, 2026.