Grant of Stock Options with Exercise Price 57,087 Won (Current Price 51,900 Won)
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HLB resolved on May 18, 2026 to grant stock options to employees and directors
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Exercise price set at 57,087 won, out-of-the-money compared to recent closing price of 51,900 won
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Options exercisable from May 19, 2028 to May 18, 2033, subject to service and performance conditions
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Settled via issuance of new shares, potentially diluting existing shareholders
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Fair value estimated using binomial model: expected exercise period 4-7 years, volatility 58.53%, risk-free rate 4.14%
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Number of options granted and individual recipients not disclosed
KOSDAQ Filing Information
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Filing: Report on Grant of Stock Options
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Company: HLB (028300)
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Submission: HLB INC.
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Receipt: 05-18-2026