Correction of Grant of 160,000 Stock Options (Reflecting 3:1 Stock Split, Exercise Price 19,575 Won)

Due to 3:1 stock split, previously granted 480,000 stock options corrected to 160,000 shares, exercise price adjusted from 6,525 won to 19,575 won
Granted to 4 executives: CEO Jeong So-young, inside directors Hanford Cheung and Im Shin-hwa, CFO Hwang Yang-hee (40,000 each)
Total granted shares of 160,000 represent 1.30% of total outstanding shares of 12,291,581
Exercise price of 19,575 won is significantly higher than current stock price of 713 won, resulting in no intrinsic value
Fair value per option: 188 won (binomial model, risk-free rate 3.46%, expected volatility 101.12%)

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