Correction of Stock Option Terms Due to Treasury Share Cancellation
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Reason for correction: change in granted shares and exercise price due to cancellation of treasury shares
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Granted shares: 464,583 → 462,001 (decrease)
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Exercise price: KRW 103,359 → KRW 103,691 (increase)
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Total granted after this grant: 5,000,460 → 4,459,563 (decrease)
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Recipients: 2,189 employees (194 shares) and 393 employees (95 shares), fair value KRW 47,311/share
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Exercise period: 2024.03.29 ~ 2029.03.29, exercisable 50% after 2 years and 50% after 3 years of service
KOSPI Filing Information
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Filing: [Correction of Description] Report on Grant of Stock Options
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Company: Kakao (035720)
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Submission: Kakao Corp.
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Receipt: 04-30-2026