Mobile Appliance Outside Director Resignation Reduces Board Independence to 20%

Mobile Appliance's outside director Jeon Sang-hoon resigned on June 12, 2026, citing personal reasons.
The total number of registered directors decreased to five, with only one outside director, lowering the outsider ratio from 33.3% to 20%.
The reduction in outside directors weakens board independence, potentially harming minority shareholder protection and oversight functions.
[AI Summary]The resignation significantly impairs board independence; no capital changes or funding activities occurred, limiting financial impact. However, increased governance risk may pressure the stock's credibility.