Call for Extraordinary General Meeting to Introduce Cumulative Voting and Elect Directors

Extraordinary general meeting on May 28, 2026 (221 Pangyoyeok-ro, Seongnam, 09:00)
Agenda: Amendments to articles of incorporation (including introduction of cumulative voting, shareholder proposal) and election of 5 new directors
- Kwon Ho-beom (non-executive director, shareholder proposal)
- Kim Jung-hwan (inside director)
- Lim Yong-gyu (inside director)
- Kim Kyu-hee (outside director)
- Yoon Soo-bin (outside director)
Introduction of cumulative voting expected to strengthen minority shareholder rights
Shareholder proposals include election of Kwon Ho-beom and amendment of Article 36 (removal of cumulative voting exclusion clause)

Filing: [Correction of Description] Resolution on Convening of General Meeting of Shareholders (Extraordinary General Meeting)
Company: Ray (228670)
Submission: Ray Co., Ltd.
Receipt: 05-13-2026
Under KRX KOSDAQ Market Division