Eugene Tech Decides to Dispose 1,109 Treasury Shares as Stock Option Settlement, Limited Dilution Impact

Eugene Tech announced on July 6, 2026 the decision to dispose treasury shares to settle stock options for employees and executives.
The maximum disposal volume is 42,782 shares, but only 1,355 stock options have been exercised to date, resulting in 1,109 treasury shares to be delivered via difference settlement.
The disposal period runs from July 7, 2026 to June 30, 2033, with an exercise price of 31,760 KRW per share.
Given the actual disposal ratio of only 0.0048% of total shares outstanding, the dilution effect on shareholder value is negligible. This move serves as a positive incentive for key talent.
[AI Summary]Eugene Tech's treasury share disposal is a long-term employee compensation measure with minimal actual share increase, posing limited dilution risk. However, the remaining 41,427 unexercised options could lead to minor share count changes in the future depending on exercise conditions.