Kakao Corrective Disclosure on Stock Option Grant Due to Treasury Stock Cancellation

Corrective disclosure on stock option grant (April 30, 2026): Due to treasury stock cancellation, granted shares reduced from 237,276 to 236,505; exercise price adjusted from 126,805 won to 127,212 won.
Total stock options outstanding after this grant decreased from 5,516,692 to 4,459,563 shares.
Grantees: 24 employees, total 236,505 common shares, fair value 57,951 won per share.
Exercise period: Nov 3, 2023 ~ Nov 3, 2028; vesting: 30% after 2 years, 30% after 3 years, 40% after 4 years.
Other: Board resolution on Nov 3, 2021, subject to shareholder approval, adjustment conditions for exercise price.

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