EOFlow Grants 40,000 Stock Options to Two Executives at 1,500 Won Exercise Price

On May 22, 2026, EOFlow's board resolved to grant stock options to one auditor and one registered director, each receiving 20,000 shares (total 40,000 shares) at an exercise price of 1,500 won.
The options are to be settled via new share issuance, exercisable from May 22, 2028 to May 21, 2033 (2-year vesting, then 5-year exercise period), subject to future shareholder approval.
After this grant, total outstanding stock options increase to 2,274,992 shares (approximately 5.44% of total outstanding shares), with the new grant representing about 0.1% of total shares.
The company's stock is currently suspended from trading; the exercise price was set slightly above the last traded price of 1,490 won.