DNF Co.,Ltd. announced a private placement of 810,030 common shares at a price of KRW 25,880 per share for gross proceeds of KRW 20,963,576,400 on July 28, 2021. The transaction will include participation from Samsung Electronics Co., Ltd. The transaction is expected to close on August 11, 2021. The transaction was approved by the board of directors of the company. The securities to be issued will have a lock-up period of one year. The company will receive funding through third party allocation.