Overview

• HYBE has awarded 20 restricted stock units to every full-time employee globally, valuing each grant at about 6.21 million KRW based on the current share price.
• The RSUs are subject to vesting conditions and could appreciate further if HYBE’s stock continues to climb in the run-up to BTS’s March 2026 activities.
• This is the first time HYBE has extended RSU grants to its entire workforce, after previously limiting awards to small groups of executives.
• HYBE’s shares have outperformed peers such as YG Entertainment, SM Entertainment and Kakao Corp, prompting Mirae Asset Securities to raise its price target.
• BTS members recently completed their military service and are scheduled for a full group comeback and world tour in March 2026, underpinning the company’s optimistic outlook.