Flitto Grants 120,000 Stock Options to Registered Executives
Purpose: Grant stock options to two registered executives to provide incentives and enhance shareholder value (resolved at shareholders' meeting on March 27, 2026).
Grant details: 60,000 shares each to Kim Jin-gu and Kang Dong-han (common stock), total 120,000 shares, exercise price KRW 12,468, fair value per share KRW 2,704.11.
Exercise period: March 27, 2028 to March 26, 2033 (2 years after grant date, for 5 years).
Total outstanding options after this grant: 445,330 shares (2.70% of total outstanding shares of 16,505,451), this grant represents 0.73%.
Fair value calculation: Binomial model applied, inputs - closing price KRW 11,570, risk-free rate 3.53%, expected volatility 38.30%.
KOSDAQ Filing Information
Filing: [Correction of Description] Report on Grant of Stock Options