EG Enhances Governance and Introduces Interim Dividends via Articles Amendment
Articles amendment: Independent director ratio raised to at least 1/3, director compensation capped at KRW 3.5bn annually, interim dividends introduced, electronic proxy allowed
Director compensation limit: Current KRW 3.5bn (previous KRW 4.5bn), actual paid KRW 2.004bn
Shareholder return enhancement: New interim dividends increase payout flexibility
Governance improvement: Terminology change from outside to independent directors, enhanced board independence