Convocation of 66th 3rd Extraordinary General Meeting: Election of 2 Standing Directors and 2 Non-executive Audit Committee Members - Routine governance event with no direct impact on shareholder value
Extraordinary General Meeting: June 17, 2026, 11 AM at KEPCO Naju HQ; electronic voting available (June 7-16)
Agenda: Item 1 - Election of 2 Standing Directors (Baek Woo-gi, Jeon Chan-hyuk); Item 2 - Election of 2 Non-executive Audit Committee Members (Jeong Do-jin, Hwang Jeong-hwa)
Candidate Baek Woo-gi: Head of Sales; expertise in strategy and finance; led ESOP establishment and IT-based customer service innovation. Proposed as Vice President for Planning.
Candidate Jeon Chan-hyuk: Head of Overseas Business Development; secured $9B debt for UAE nuclear project and won 8GW orders (contributing to future 1.5 trillion won revenue). Proposed as Head of Overseas Nuclear Business.
Candidate Jeong Do-jin: Professor at Chung-Ang University; former outside director/audit committee chair at NAVER and Hanwha Aerospace. Accounting and audit expertise.
Candidate Hwang Jeong-hwa: Attorney; former legal advisor to Ministry of Environment; ESG background.
Non-executive director compensation: Annual limit of 216 million won for 8 directors; actual paid Jan-May 2026: 86,645,161 won (avg 10,830,645 per person).
Board attendance rates: 88%-100% (some at 50%); details of audit committee and other committee activities provided.
Business snapshot: 2026 Q1 power sales 139.7 GWh (down 0.9% YoY); ongoing overseas projects (Saudi Arabia, UAE, etc.)
[AI Summary]This EGM is a routine procedure for appointing management and audit committee members, with no direct financial impact on shareholder value (no dividends, buybacks, capital increases). The candidates' track records in overseas contracting and IT innovation could support long-term profitability, but short-term share price impact is limited.
KOSPI Filing Information
Filing: Notice of Convocation of Shareholders' Meeting