Kakao Decides to Dispose 477,900 Treasury Shares for Employee RSU Compensation, Dilution Effect Minimal at 0.11%, and Plans to Cancel 1,420,723 Shares

Kakao decided on April 16, 2026, to dispose of 477,900 treasury shares to 3,540 employees via OTC transfer to fulfill 2025 RSU grants.
The disposal price is 49,600 KRW, the closing price on the day before the board resolution, totaling approximately 23.7 billion KRW.
The disposed shares represent only 0.11% of total outstanding shares, resulting in negligible dilution.
In addition, Kakao disclosed a planned cancellation of 1,420,723 treasury shares on April 30, 2026, as part of its shareholder return policy approved at the 31st annual general meeting.
[AI Summary]The treasury share disposal for employee compensation has minimal dilution, and the concurrent large-scale share cancellation strengthens shareholder return commitment. Short-term stock price impact is limited, but long-term incentive effects are positive.