Samsung FN REIT Co., Ltd announced that it will issue 38,980,000 shares at an issue price of KRW 5,000 per share for gross proceeds of KRW 194,900,000,000 on November 11, 2022. The transaction will include participation from new investors Samsung Fire & Marine Insurance Co., Ltd. for 7,360,000 shares, Saemaul Geumgo Federation for 7,600,000 shares, Kyobo Life Insurance Co., Ltd. for 5,000,000 shares, Hanwha Life Insurance Co., Ltd. for 5,400,000 shares, Korean Reinsurance Company for 2,000,000 shares, IGIS Portfolio Anti-Private Real Estate Investment Trust No. 1, a fund managed by Shinhan Bank for 400,000 shares, W KOSDAQ Venture (M) General Private Equity Investment Trust No.

2, a fund managed by Mirae Asset Securities Co., Ltd, investment arm for 160,000 shares, Samsung Securities Co. Ltd., Investment Arm for 1,400,000 shares and returning investor, Samsung Life Insurance Co., Ltd. for 7,600,000 shares. The transaction has been approved by the board of directors of the company.

The transaction is expected to close on November 22, 2022. The company will issue the shares through third-party allotment.