Announcement • May 08
TS Trillion Co., Ltd. announced that it expects to receive KRW 1 billion in funding from NH Investment & Securities Co., Ltd., KB Securities Co., Ltd. TS Trillion Co., Ltd. has announced a private placement of Series 4 Unregistered Unsecured Private Convertible Bonds of the company to raise gross proceeds of KRW 1,000,000,000 on May 7,2026. The transaction includes participation from Milestone KOSDAQ Venture Private Equity Investment Trust No. 2 advised by NH Investment & Securities Co., Ltd for KRW 300,000,000, Milestone KOSDAQ Venture Private Equity Investment Trust No. 3 advised by NH Investment & Securities Co., Ltd of KRW 100,000,000, Milestone KOSDAQ Venture Heritage Private Equity Investment Trust advised by NH Investment & Securities Co., Ltd for KRW 200,000,000, Milestone KOSDAQ Venture Private Investment Trust No. 6 advised by KB Securities Co., Ltd. for KRW 400,000,000. The Bonds are 100% convertible into 630,914 common shares of the company at a conversion price value of KRW 1,585 and carry interest rate of 0% and maturity interest rate of 3%. The conversion billing period starts from May 15, 2027 to April 15, 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 May 15, 2029. The transaction is expected to close on May 15, 2026. New Risk • Apr 12
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 32% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Shareholders have been substantially diluted in the past year (32% increase in shares outstanding). Minor Risk Market cap is less than US$100m (₩47.4b market cap, or US$32.0m). Announcement • Mar 17
TS Trillion Co., Ltd., Annual General Meeting, Mar 31, 2026 TS Trillion Co., Ltd., Annual General Meeting, Mar 31, 2026, at 09:01 Tokyo Standard Time. Location: conference room, 96, yangpyeong-ro, yeongdeungpo-gu, seoul South Korea 
