POSCO announces the commencement of the Offer to Purchase for cash up to US$400,000,000 aggregate principal amount of its outstanding 5.750% Notes due 2028

PR Newswire

SEOUL, South Korea, June 30, 2026

THIS ANNOUNCEMENT IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO, OR TO ANY PERSON LOCATED AND/OR RESIDENT IN ANY JURISDICTION WHERE IT IS UNLAWFUL TO DISTRIBUTE THIS ANNOUNCEMENT.THIS ANNOUNCEMENT RELATES TO THE DISCLOSURE OF INFORMATION THAT QUALIFIED OR MAY HAVE QUALIFIED AS INSIDE INFORMATION WITHIN THE MEANING OF ARTICLE 7(1) OF THE MARKET ABUSE REGULATION (EU) 596/2014 (AS AMENDED)SEOUL, South Korea, June 30, 2026 /PRNewswire/ -- POSCO, a corporation organized under the laws of the Republic of Korea (the "Offeror"), today announced that it has commenced an offer to purchase for cash up to US$400,000,000 aggregate principal amount (or such lesser or greater amount as the Offeror may determine in its sole and absolute discretion) (the "Maximum Acceptance Amount") of its outstanding 5.750% Notes due 2028 (the "Notes") issued by the Offeror, from the Noteholders (the "Offer"). The Offer is being made pursuant to an Offer to Purchase dated June 30, 2026 (the "Offer to Purchase"), which is available on the offer to purchase website at https://clients.dfkingltd.com/posco. Capitalized terms used but not defined herein have the meanings assigned to them in the Offer to Purchase.