BicuAI Amends Stock Option Grant - Reduction Due to Employee Resignations

Stock option grant correction: reduced from 10 to 8 grantees, shares from 300,000 to 280,000
Two employees (Choi Ho-jun, Oh Seung-jun) removed due to resignation and voluntary return
Total options after grant: 580,000 shares (0.89% of outstanding shares)
Exercise price: 1,270 won; fair value per share: 772 won (binomial model)
Exercise period: March 31, 2028 – March 30, 2031
Largest grantee: Director Choi Jae-won (180,000 shares, fair value approx. 139 million won)
Other details: closing price on grant date 1,111 won, risk-free rate 3.85%, volatility 73.82%