Qurient Sets Initial Share Offering Price at KRW 14,900, Targets KRW 105.79 Billion

Qurient set the initial issue price for 7,100,000 registered common shares at KRW 14,900 each, raising expected proceeds to KRW 105.79 billion. The shareholder allocation will be followed by a public offering of unsubscribed shares; new shares represent 18.68% of existing shares. Proceeds will fund KRW 66.72 billion in research and development, with KRW 39.07 billion allocated to essential operating expenses. Yuanta Securities and Korea Investment & Securities will underwrite all shares remaining unsubscribed following the public offering. 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. Qurient 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: 20261016000098), on October 16, 2026, and is solely responsible for the information contained therein. (C)