NAVER Non-Registered Executive I Jong-hwa Acquires 4,750 Shares via Stock Option Exercise - Minor Change with Negligible Impact on Shareholder Value

NAVER non-registered executive I Jong-hwa exercised stock options to acquire 4,750 common shares on June 11, 2026. The exercise prices were 131,000 KRW for 750 shares and 186,000 KRW for 4,000 shares, as part of executive compensation.
The dilution ratio relative to total outstanding shares is approximately 0.003%, which is extremely low and has virtually no impact on existing shareholder value. This is a personal exercise unrelated to the company's capital structure or funding purposes.
The counterparty is the company's non-registered executive, and the transaction is transparent with no governance concerns. It is a routine change under the regular stock compensation plan.
[AI Summary]NAVER non-registered executive I Jong-hwa exercised stock options for 4,750 shares representing a mere 0.003% of outstanding shares, causing no dilution or capital structure change. This routine compensation-related move has negligible impact on shareholder value.