Extraordinary General Meeting Approves New Inside and Outside Directors; Low Voting Turnout Reflects Limited Shareholder Interest

VitzroSys held an extraordinary general meeting on May 26, 2026, and approved all agenda items: the appointment of two inside directors (Lee Hak-young and Choi Jin-won) and one outside director (Lee Soo-ha) as originally proposed.
Only 25.6% of total voting shares attended the meeting; among the attending shares, approval was 100% with no votes against or abstentions.
Newly appointed inside director Lee Hak-young is CEO of several entities including Samyang Material Development, Choi Jin-won is CEO of UnionJ and inside director of Cha Vaccine Research Institute, and outside director Lee Soo-ha is a manager at UnionJ.
This director election appears to be a routine governance matter, involving no change in control or capital structure, thus having limited short-term impact on shareholder value.
[AI Comprehensive Analysis]This disclosure pertains to routine director appointments that do not directly alter the company's financial performance or future cash flows. The low shareholder attendance suggests limited interest from minority investors, but quorum requirements were satisfied, posing no threat to management stability.