DAEHO AL: Shareholder Proposal to Remove All Directors and Auditors, Elect New Ones... Risk of Complete Management Overhaul

Filer is DAEHO AL itself, calling an extraordinary general meeting on June 11, 2026.
Shareholder proposal to remove all 7 current directors and 2 auditors, citing breach of fiduciary duty and misappropriation.
Proposal to elect 10 new directors (including 7 outside directors) and 2 new auditors.
Articles amendment: reduce board size to max 4, increase independent director ratio to at least 1/3, strengthen director liability.
Purpose: enhance shareholder value and governance stability; proxy solicitation to secure quorum.
Treasury shares: 104,641 (0.12%); major shareholder and related parties hold 8.97%.
AI Summary: Complete management overhaul likely to increase short-term stock volatility.