Sam-A Aluminium Company, Limited announced that it will issue 3,711,916 shares of par value, KRW 500 at a price of KRW 31,050 per share for gross proceeds of KRW 115,254,991,800 on December 22, 2022. The transaction will include participation from LG Energy Solution, Ltd., Toyota Tsusho Corporation, and JKL ESG Future Mobility Value Chain Private Equity Fund Co., Ltd. The company will issue shares through third party allocation increase. The payment date for shares is January 27, 2023.

The transaction has been approved by board of directors of the company. The total number of shares issued prior to transaction are 11,000,000 shares.