HSD Engine : Results of Subscription (Voluntary Disclosure)

Results of Subscription (Voluntary Disclosure)

1. Type of Securities	Registered common stock of HSD engine Co., Ltd.
2. Method of issuance	Rights Offering
3. Subscription Object	Subscribers of public offering (including subscriptions for high-risk, high-return investment trusts)
4. Subscription Date	2022-08-04
5. Result	Total number of shares to be listed	12,900,000
Total number of shares to be Subscribed	99,396,733
Estimated Total number of shares to be Subscribed	112,177,456	Ratio of Subscription (%)	869.59
6. Processing the fractional sharesㆍForfeited shares	-
7. Other references useful for making investment decisions	The "4. Subscription date" above is the end date of the date of subscription of public offering. - Date of subscription of public offering: August 3, 2022 - August, 4, 2022 (2) Details of results of subscription ① Employee stock ownership association and existing shareholders (holders of stock warrants) · Total number of shares to be subscribed of employee stock ownership association: 1,206,955 shares · Total number of shares to be subscribed of stock warrants: 9,855,012 shares · Total number of shares to be oversubscribed: 1,718,756 shares · Total number of shares to be subscribed: 12,780,723 shares → Ratio of subscription: 99.08% ② General public offering: ·Total number of shares of general public offering: 119,277 shares ·Total number of shares to be subscribed of general public offering: 99,396,733 shares → Subscription competition rate: 833.33 : 1 (3) The "Total number of shares to be listed" of Item 5 above is the total number of shares issued for this paid-in capital increase. (4) The "Total number of shares to be subscribed" of Item 5 above relates to the subscription of general public offering for remaining shares and fraction shares arising after the subscription of employee stock ownership association and existing shareholders (holders of stock warrants). (5) The "Estimated total number of shares to be subscribed" and "Ratio of subscription" of Item 5 above are the simple sum of number of shares to be subscribed for employee stock ownership association (preferential allotment ratio), existing shareholders (holders of stock warrants), shares to be oversubscribed and shares of general public offering. (6) Future schedule - Date of share payment: August 8, 2022 - Expected refund date: August 8, 2022 - Expected listing date of new shares: August 25, 2022
※Title and date of other disclosure related to this one	2022-08-02 Issuing Price of New Shares Issued by Paid-in Capital Increase