Lunit Adjusts Stock Option Exercise Price to 38,837 Won from 42,100 Won Reflecting Rights Offering

Lunit files correction on stock option grant (May 4, 2026): Exercise price lowered from 42,100 won to 38,837 won due to rights offering (closing price on valuation date: 41,450 won)
Total granted shares (common) increased from 2,563,234 to 2,776,722 shares (net increase of 213,488)
Granted to 14 employees (first group 10 persons 60,000 shares, second group 4 persons 26,000 shares) with fair value per share 23,543 won and 29,311 won respectively (adjusted for 1:1 bonus issue)
Exercise period: 2027.09.26~2032.09.25; vesting: 50% after 2 years, 75% after 3 years, 100% after 4 years
Valuation: Binomial model; risk-free rate 3.85%, expected volatility 74.68%, expected term 7 years
Purpose: Motivate employees to enhance management performance and corporate value