The company said it entered into an employment agreement with Roberto A. Martinez, President, Global Products, effective June 1, 2025. The agreement was signed on May 23, 2025.

1. 01

   The company said it entered into an employment agreement with Roberto A. Martinez, President, Global Products, effective June 1, 2025. The agreement was signed on May 23, 2025.

2. 02

   The company said Mr. Martinez will receive an annual base salary of $100,000, which the Board or its Compensation Committee may review and adjust periodically. It also said he is eligible for incentive-based compensation set by the Board or its Compensation Committee.

3. 03

   The company said the employment agreement provides for severance benefits upon termination without cause, conditioned on a release of claims or resignation. The agreement includes a mandatory 6-month non-compete and a 12-month non-solicitation provision.

4. 04

   The company said there are no family relationships between Mr. Martinez and any director or executive officer, and no related party transactions requiring disclosure under Item 404(a) of Regulation S-K, except as previously disclosed in the proxy statement filed on March 25, 2025.

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AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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