CTR Mobility EGM Appoints Director Choi Jae-heun as Routine Governance Move with Limited Share Price Impact

CTR Mobility held an extraordinary general meeting on June 18, 2026, and approved the appointment of Choi Jae-heun as an inside director.
The attendance rate based on total outstanding voting shares was 48.7%, with 95.3% approval among voting shares.
The new director previously served as head of Korea BorgWarner's business and currently works at CTR Mobility as an unregistered director; this appointment formalizes his position.
This is a routine governance procedure to strengthen management without any capital changes or dilution of shareholder value.
[AI Summary]This EGM is a routine director appointment with no capital impact, resulting in a neutral effect on the stock price. Shareholder value remains unchanged, and investors should focus on existing fundamentals and industry conditions.