Agenda to Expand Business into AI, Blockchain, Token Securities (STO) via Articles Amendment and Elect New Inside Directors and Auditor

B2En convenes an extraordinary general meeting on June 15, 2026, proposing amendments to its articles of incorporation to add 145 business purposes, including blockchain-based token securities (STO) issuance/distribution, AI platform development, and cloud services, expanding beyond its legacy data business to secure future growth engines.
Election of three inside directors (Kim Yong-hwi, Go Jun, Kim Dong-won) and one auditor (lawyer Kim Hyo-seop). Kim Yong-hwi is a representative of the largest shareholder's union, indicating efforts to stabilize management and drive new projects.
Board minutes show frequent capital-raising activities (convertible bond issues, third-party allotment schedule changes), likely to fund new ventures but posing potential dilution risk for existing shareholders.
Low attendance rates of outside directors (Park Yeon-ok 94.4%, Yang Tae-jung 61.1%, Park Yong-jin 25% then resigned, Jo Ki-hwan 28.6%) raise governance concerns.
[AI Comprehensive Analysis]This expansion into high-growth areas like AI and STO could enhance enterprise value, but frequent capital raises and low board attendance suggest financial strain and governance risks. Investors should monitor long-term business performance and future funding plans rather than short-term stock price.