Convocation of 34th EGM: Amendment of Articles and Approval of Treasury Stock Disposal Plan

Kumyang Green Power convenes the 34th 1st extraordinary general meeting on May 27, 2026. Main agenda: partial amendment of articles of incorporation and approval of treasury stock holding and disposal plan.
Amendment: Add reasons for treasury stock disposal including employee compensation, employee stock ownership, and business purposes (reflecting revised Commercial Act).
Treasury stock disposal plan: Dispose 52,600 common shares (0.43% of outstanding shares) held for employee compensation by the 2027 annual general meeting.
Outside director compensation: total limit of 2,000 million KRW approved, actual payment of 27 million KRW. Board attendance rate 100%.
Industry outlook: 11th Basic Plan for Electricity Supply and Demand indicates expansion of renewable energy and nuclear power, stable growth expected for the electrical construction market.