SemiFive Non-Registered Officer Lee Jin-eon Exercises Stock Purchase Rights, Ownership Rises from 0.12% to 0.22%, Limited Impact on Shareholder Value

SemiFive non-registered officer Lee Jin-eon exercised stock purchase rights on April 10, 2026, acquiring 36,424 common shares at 6,616 KRW per share.
This increased his ownership from 0.12% to 0.22%, a 0.10 percentage point rise, with minimal impact on total outstanding shares of 33,999,890.
The exercise price of 6,616 KRW represents an 82% discount to the current market price of 36,750 KRW, benefiting the insider but resulting in negligible dilution for existing shareholders.
This transaction is a routine exercise of stock options for executive compensation and does not involve corporate capital allocation or use of funds.
[AI Summary]The exercise of stock purchase rights by a SemiFive non-registered officer results in a minor 0.1% dilution, limiting the impact on shareholder value. The discounted exercise price reflects incentive compensation and does not signal negative short-term price movement.