Extraordinary General Meeting: Routine Agenda Including Articles Amendment, Auditor Appointment, and Capital Reserve Transfer

ENBIO will hold an extraordinary general meeting on June 17, 2026 to handle three agenda items: amendment of articles of incorporation, appointment of auditor, and transfer of capital reserve to retained earnings.
Articles amendment includes deletion of non-core businesses (diagnostic kits, special valves, etc.), relocation of headquarters from Gunpo to Suwon, and setting annual compensation caps of KRW 2B for directors and KRW 0.2B for auditors.
Proposed auditor is Ham Soo-yong (CPA/tax accountant), recommended by the board, with no conflicts or disqualifications.
To cover accumulated deficits, KRW 20B out of KRW 46.098B capital reserve will be transferred to retained earnings (utilizing excess over 1.5x capital).
Electronic voting adopted (Samsung Securities, June 7-16), and total outside director compensation paid is KRW 12M (average KRW 6M each).
[AI Summary]All agenda items are routine and aimed at operational efficiency and legal compliance, with limited direct impact on shareholder value. The capital reserve transfer improves the balance sheet but does not change total equity, thus neutral. The deletion of businesses like diagnostic kits reflects prior underperformance.