Disclosure of Stock Option Grant Adjustment Due to Treasury Stock Cancellation

Kakao announces correction to stock option grant from 2020 (April 30, 2026)
Due to treasury stock cancellation, granted shares reduced from 4,165,439 to 4,160,072 (down 5,367 shares)
Exercise price increased from 35,341 KRW to 35,454 KRW (up 113 KRW)
Total granted options after this grant decreased from 5,516,692 to 4,459,563 (down 1,057,129 shares)
Other terms (vesting period, exercise period, etc.) remain unchanged

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