Hyundai Feed Outside Director Jo Wan-woo Resigns, Outside Director Ratio Drops from 60% to 40%

Hyundai Feed reported that outside director Jo Wan-woo voluntarily resigned on June 30, 2026 due to personal reasons, reducing the number of outside directors from 3 to 2.
The outside director ratio among the five registered directors fell from 60% to 40%, weakening board independence.
[AI Summary]This resignation is a personal decision with limited financial impact, but the decline in outside director ratio may slightly negatively affect board independence.