Correction of Stock Option Grant - Exercise Price Adjusted to 5,646 Won, Shares Reduced to 150,000 (Reflecting Stock Split) | CS(065770)

Correction of existing stock option grant details due to stock split
Exercise price adjusted from 2,823 won to 5,646 won (doubled)
Number of granted shares reduced from 300,000 to 150,000
Total outstanding options after correction: 150,000 shares (1.54% of total issued shares)
Beneficiary is Vice Chairman Seok Kyung-hyup; other terms unchanged
Fair value calculated using Black-Scholes model at 4,518 won (based on prior day closing price of 2,980 won on Jan 16, 2020)
This correction is an ex-post adjustment due to stock split, not a new grant

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