DASAN Networks Extraordinary General Meeting Approves Subsidiary DTS Listing and Articles Amendments

DASAN Networks held its 35th Extraordinary General Meeting on June 19, 2026, approving all agenda items including the listing of its subsidiary DTS and seven amendments to the articles of incorporation.
The charter amendments introduce electronic shareholder meetings, allow electronic proxy documentation, rename outside directors as independent directors with adjusted board composition, expand directors' duty of loyalty to shareholders, and establish procedures for subsidiary listings.
Shareholder attendance reached approximately 48% of voting shares, satisfying special resolution requirements for all proposals.
The DTS listing may impact DASAN Networks' governance structure and subsidiary value realization, but no specific financial effects or capital changes were disclosed in this notice.
[AI Summary]The shareholder approval of DTS listing and charter amendments is a procedural step with limited immediate impact on shareholder value. Investors should monitor potential capital raising or dilution during the listing process.