Adjustment of Stock Option Terms Due to Treasury Share Cancellation (Exercise Price: 24,731 Won, Granted Shares: 2,901)

Wemade Play adjusted the exercise price of stock options granted to 11 employees from 25,343 won to 24,731 won, and reduced the number of granted shares from 2,944 to 2,901
The adjustment was made due to changes in terms under the stock option grant agreement following the cancellation of treasury shares
After adjustment, total outstanding stock options are 98,788 common shares, representing approximately 0.94% of total outstanding shares (10,552,334 shares)
The exercise price (24,731 won) is significantly above the current stock price (7,030 won), rendering the options currently worthless

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