Hyosung ONB Temporary Shareholders Meeting Passes Capital Reserve Transfer of 8 Billion KRW to Retained Earnings Enhancing Dividend Capacity

Hyosung ONB held a temporary shareholders meeting on June 22, 2026, and passed an agenda to transfer 8 billion KRW from capital reserve to retained earnings.
This reduction of capital reserve and transfer to retained earnings increases distributable profits by 8 billion KRW, laying the foundation for enhanced shareholder returns.
The agenda passed with 40.8% attendance of total voting shares, and all attending shares voted in favor.
While there was no treasury stock acquisition or cancellation, the expansion of dividend resources is viewed as a positive signal for long-term shareholder value.
[AI Summary]Hyosung ONB's increase of 8 billion KRW in distributable earnings expands its capacity for shareholder returns, which is positive. However, actual dividend execution and scale depend on future board decisions, so monitoring is needed.