NHN, Correction of Stock Option Grant - Decrease in Grantees and Shares

Correction of stock option grant report: grantees decreased from 41 to 39, shares from 320,488 to 302,824.
Remaining options (reflecting new grants, exercises, forfeitures): 381,221 shares.
Executives (including CEO Jung Woo-jin, 10 people): 186,723 common shares; employees (27 people): 116,101 common shares.
Exercise period: executives 2024.3.23~2027.3.22, employees 2023.3.23~2026.3.22; 3-year staggered vesting (30%,30%,40%).
Fair value: executives KRW 6,939, employees KRW 5,884 (binomial model, volatility 18.56%, expected life 4.5/3.5 years).
Grant represents 0.92% of total outstanding shares (32,753,139).