K-square Data Center PFV Co., Ltd. announced a private placement of 400,000 class 2 shares and 5,600,000 class 3 shares at a price of KRW 10,000 per share for aggregate gross proceeds of KRW 60,000,000,000 on November 22, 2021. The transaction will include participation from Koramco REITs Management & Trust Co., Ltd. for 400,000 class 2 shares, Pine Tree Professional Investment Detective Private Equity Trust No. 9-1 for 833,061 class 3 shares, Pine Tree Specialized Private Equity Investment Trust No.

9-2 for 416,735 class 3 shares, Pine Tree Specialized Private Equity Fund Investment Trust No. 9-3 for 250,204 class 3 shares, Hanwha Opportunity Pursuit General Private Equity Investment Trust No. 1 for 1,000,000 class 3 shares, DB Insurance Co., Ltd. for 1,100,000 class 3 shares and returning investor LF Corp.

for 2,000,000 class 3 shares through third-party allotment. The transaction has been approved by the board of directors of the company. The payment date is on November 25, 2021.

The shares are issued at par value.