Wemade Decides to Dispose 700 Treasury Shares for Stock Option Exercise... Dilution Impact Negligible

Wemade decided to dispose 700 treasury shares to one employee for stock option exercise at a price of 1,614 KRW per share.
The disposal represents only 0.002% of total outstanding shares, resulting in negligible dilution, and does not require board approval under the Capital Markets Act.
The company holds 140,272 treasury shares within distributable profits, and this disposition uses existing holdings.
[AI Summary]The disposition of 700 treasury shares for stock option exercise has a negligible dilution impact of 0.002% on outstanding shares and is a routine procedure without board resolution. Using existing treasury stock, the capital structure remains virtually unchanged, posing minimal risk to shareholder value.