IGIS RESIDENCE REIT Co., Ltd. announced a private placement of 7,758,617 common shares at the price of KRW 5,800 per share for gross proceeds of KRW 44,999,978,600 on June 8, 2022. The transaction will include participation from NH Investment & Securities Co., Ltd. (in the status of trust business of EZ REITs Portfolio General Private Equity Real Estate Investment Trust No. 2) for 1,206,896 shares, KB Securities Co., Ltd. (in the status of trust business entity of REITs General Private Equity Trust No.

13 to be listed in KORAMCO Public Offering) for 862,068 shares, Samsung Securities Co., Ltd. (in the status of trust company under KORAMCO REITs-Income Quarterly Dividend General Private Equity Trust No. 29) for 344,827 shares, Koramco NHUF REIT Co., Ltd. for 4,482,758 shares, Samsung Securities Co. Ltd., Investment Arm for 862,068 shares.

The company will issue shares of par value of KRW 1,000 per share through third party allocation increase method. The shares will be locked up for a period of one year. Post closing, the total number of shares issued will increase from 20,600,000 shares to 28,358,617 shares.

The transaction has been approved by board of directors of the company. The payment date for the transaction is June 28, 2022.