Jeil M&S issues 145,287,528 shares in debt — for — equity swap under court — approved restructuring plan

Jeil M&S set a KRW 72.64 billion third-party allotment share issue to convert rehabilitation claims into equity. Deal calls for 145,287,528 new common shares priced at KRW 500 each, lifting shares outstanding from 20,600,665. Conversion takes effect Oct. 12, 2026; listing of the new shares is scheduled for Nov. 18, 2026. Largest allocations include Industrial Bank of Korea with 22,298,787 shares, KB Kookmin Bank with 12,745,777. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Jeil M&S Co. Ltd. published the original content used to generate this news brief via DART, the regulatory disclosure system operated by the South Korea Financial Supervisory Service (FSS) (Ref. ID: 20261012000514), on October 13, 2026, and is solely responsible for the information contained therein. (C)