ES Savings Bank announced a private placement of 3,738,319 shares of par value of KRW 5,000 each at a price of KRW 10,700 for gross proceeds of KRW 40,000,013,300 on September 30, 2021. The company is raising funding through third party allocation increase. The transaction will include participation from returning investor ES Cube Co., Ltd. The payment date is October 14, 2021.The transaction has been approved by the board of directors of the company.