Nam Hwa Construction Outside Director Resigns, No Capital Impact

Outside director Jo Yeong-hwan resigned on June 18, 2026 due to personal reasons.
The resignation reduced total registered directors from 8 to 5 and outside directors from 3 to 2, while the outside director ratio increased from 37.5% to 40%.
This resignation does not affect the capital structure or funding plans, and has no negative impact on shareholder value.
There are no changes to the company's financial soundness or capital policies, and no other notable events besides the board composition change.
[AI Summary]The outside director resignation is a routine event due to personal reasons, with no impact on capital allocation or growth strategy. Governance remains stable, and the event is neutral for investors.