Hanmi Science Announces Decision to Dispose of Treasury Shares

Hanmi Science has recently decided to dispose of 40,844 treasury shares. This decision was made to facilitate the payment of Productivity Incentive (PI) and significant performance contribution incentives, as announced on the 28th. This move is expected to draw considerable attention from shareholders.

Details of the Share Disposal

The price per share for the disposal is set at 35,500 KRW, calculated based on the closing price of the KRX regular market on July 27, 2026, the day before the board resolution. The total estimated disposal amount reaches 1.44996 billion KRW, with the disposal period scheduled from July 29, 2026, to August 28, 2026.

The disposal will be carried out by transferring the shares from Hanmi Science's treasury stock account to the designated recipients' securities accounts. The recipients include a total of 224 individuals: 125 employees of Hanmi Science and 99 employees of its subsidiary, Online Pharm. Shinhan Investment Corp. will act as the entrusted investment intermediary.

Shares to be Distributed to Employees

Examining the distribution details, 19,797 common shares will be allocated to 113 Hanmi Science employees as Productivity Incentive (PI), and 7,915 common shares will be given to 99 Online Pharm employees. Additionally, 13,132 common shares are slated for distribution to 12 Hanmi Science employees as a significant performance contribution incentive.

Current Treasury Share Holdings and Dilution Effect

Prior to this disposal, Hanmi Science held 640,409 common shares in treasury through other acquisition methods, representing a 0.94% stake. The number of shares to be disposed of currently represents 0.06% of the total issued shares (68,391,550 shares) as of the report submission date, indicating a limited dilution effect on share value. Notably, shares distributed as Productivity Incentive (PI) will be subject to a one-year lock-up period from the date of distribution.

This disposal decision was finalized through a board resolution on July 28, 2026, with the attendance of three independent directors. The shareholder approval for the treasury share disposal plan is scheduled for March 31, 2026.