Higen RNM said it decided to dispose of 76,500 treasury shares it holds to satisfy the exercise of stock options.

Higen RNM said in a filing that its board resolved on October 16, 2026 to deliver, or dispose of, 76,500 treasury shares it holds to employees upon exercise of stock options. The expected disposal amount is KRW 382.5 million, and the disposal period runs from October 19, 2026 to October 31, 2026. The company said the exercise price is KRW 5,000 per share and the shares will be transferred to the securities accounts of the eligible recipients.

1. 01

   The purpose of the disposal is to deliver treasury shares upon exercise of stock options. The counterparties are Kim Hyung-guk and 73 other employees of the company.

2. 02

   The company said the exercise price of KRW 5,000 was set at the fair value of the shares on the grant date (October 10, 2023) under Article 340-2, Paragraph 4 of the Commercial Act.

3. 03

   The company said the closing price of its common shares on the day before the board resolution was KRW 22,100.

4. 04

   The company said the number of treasury shares to be disposed of equals 0.24% of total issued shares, and that the dilution effect is expected to be minimal.

An AI model translated the Korean summary of this filing into English; every number is carried over from the Korean original. Reference information, not investment advice.

Key figures

Number of shares to be disposed of

76,500 common shares

Share price for disposal (exercise price)

Common shares at KRW 5,000

Expected disposal amount

Common shares worth KRW 382.5 million (KRW 382.5 million)

Disposal period

October 19, 2026 ~ October 31, 2026

Treasury shares held before disposal

1,853,900 common shares (ratio 6.0%)

Filing facts

Filing type

Treasury Share Disposal

Report name

Decision on Treasury Share Disposal

Filed

Oct 16, 2026

Receipt number

20261016000151