HD Hyundai Electric Independent Director Resigns, Board Reduced and Outside Director Ratio Falls to 50%
Independent director Han Chansik voluntarily resigned on June 21, 2026, due to personal reasons.
As a result, the total number of registered directors decreased from 5 to 4, and the number of outside directors fell from 3 to 2, reducing the outside director ratio from 60% to 50%.
This change has no impact on capital structure or shareholder return policies; it is a routine governance adjustment with limited investment risk.
[AI Summary]The resignation of an independent director slightly weakens board independence but carries no financial impact on capital markets. Barring further governance deterioration, the effect on share price is limited.
KOSPI Filing Information
Report on Appointment, Dismissal or Mid-Term Resignation of Outside Directors