Outside Director Resignation Lowers Board Independence to 20%, Replacement Planned at General Meeting

Outside director Shim Hyun-su voluntarily resigned on June 29, 2026 due to personal reasons.
The outside director ratio has dropped to 20%, falling short of the legal requirement of one-third.
The company plans to appoint a new outside director at the next general shareholders' meeting to meet legal requirements.
[AI Summary]The resignation creates a temporary governance risk due to non-compliance with board composition rules, but the company's commitment to fill the vacancy is positive. There are no capital or financing implications, limiting direct impact on share price.