1. The plaintiffs' claims are dismissed.

2. The costs of lawsuit are assessed against the plaintiffs.

1. Basic facts

A. The Defendant Company listed stock certificates to the KOSDAQ on December 27, 2013, as a company engaging in software advisory development and supply business, online information production business, etc.

B. On September 19, 2007, the Defendant Company and the Plaintiffs concluded each Stockholm option agreement (hereinafter “each Stockholm option agreement”) with which the Defendant Company would issue and sell common shares according to the terms and conditions agreed in advance when exercising the stock option at the time when the Plaintiffs so wish, and entered into a contract stating the contents thereof.

The contents of each Stockholm option agreement concluded between the plaintiffs and the defendant company are as follows, and the number of common shares subject to stock option is 40,000 shares in case of the plaintiff A and 20,000 shares in case of the plaintiff B.

(Method of Giving Right of Option) When the plaintiffs exercise their right of choice, the defendant company shall issue the shares of the defendant company. Article 4 (Exercise Price) The amount per share that the plaintiffs shall pay to the defendant company in exercising their right of choice (hereinafter referred to as "the exercise price").

(1) The number of shares to be delivered under Article 1 or the exercising price under Article 4 shall be adjusted as follows: 1. The exercising price after adjustment = The exercising price after adjustment = the exercising price before adjustment x x 500 won x / market price of the shares to be issued newly issued / the number of shares to be issued / the number of shares to be issued / the shares to be issued to be issued to be issued to the Defendant Company (free of charge) / the exercising price under Article 4.

2. In a case of share split: The exercising price shall be reduced to the rate equal to that of the par value divided, and the number of shares to be delivered shall be increased to the calendar of the par value divided; and

3. Where consolidating stocks: Exercise price.