TiumBio Co., Ltd. announced a private placement of the 1st unregistered coupon non-guaranteed private placement convertible bond for gross proceeds of KRW 25,000,000,000 and 1,377,401 registered convertible preferred stock at an issue price of KRW 18,150 per share for gross proceeds of KRW 24,999,828,150 for aggregate proceeds of KRW 49,999,828,150 on August 27, 2021. The convertible bonds are expected to close on August 31, 2021. The preferred stock is expected to close on September 3, 2021.

The transaction was approved by the board of directors of the company. The preferred stock issued through third-party allocation capital increase and subjected to hold period of one year. The transaction included participation form Brain Growth Company Buffered BottomOpenTop Mezzanine Hedge Fund 2 for 137,741 shares, IBKC-EQP innovative technology combination for 137,741 shares, Suseong KOSDAQ Venture B5 Hedge Fund for 38,567 shares, Suseong KOSDAQ Venture B6 Hedge Fund for 27,548 shares, Suseong KOSDAQ Venture B4 Hedge Fund for 44,077 shares, Suseong KOSDAQ Venture B9 Hedge Fund for 27,548 shares, Premier Global Innovation Fund 2 for 137,741 shares , DS N-01 Hedge Fund, DS K-02 KOSDAQ Venture Hedge Fund for 82,644 shares, Time Folio KOSDAQ Venture It's Time-MS 2 Hedge Fund for 55,096 shares, Time Folio Innovation Growth Green New Deal Hedge Fund for 27,548 shares, IBKC Timefolio Mezzanine Blind 1 New Technology Investment Association for 55,096 shares, GVA Fortress-A Hedge Fund, GVA Saber-V Hedge Fund for 82,643 shares, Hyundai M Multi-Hedge KOSDAQ Venture Securities Investment Trust 1 for 110,192 shares, Hyundai M Multi-Hedge KOSDAQ Venture Securities Investment Trust 1 for 55,096 shares, Hanyang Securities Co.

Ltd. for 27,548 shares, Life IPO KOSDAQ Venture Hedge Fund 3 for 27,548 shares, Kiwoom-Aion Kosdaq Scale-Up Private Equity Fund for 110,192 shares, EBEST Investment & Securities Co., Ltd for 55,096 shares, BNB IPO Venture M Private Securities Investment Trust 1 for 27,548 shares, Melon KOSDAQ Venture Hedge Fund 1 for 55,096 shares, value system RAPID Hedge Fund for 16,528 shares and value system KOSDAQ Venture FAST Hedge Fund for 11,019 shares.