Korea Electronic Power Industrial Development Outside Director Resigns Reducing Board Independence

Outside director Park Heon-gyu resigned on July 1 2026 due to personal reasons as disclosed.
Following the resignation total registered directors decreased from 7 to 6 and the outside director ratio fell from 42.9 percent to 33.3 percent weakening board independence.
No plan to appoint a new outside director has been announced yet and future governance changes warrant attention.
[AI Summary]The resignation of one outside director alters board composition but involves no capital changes or financial impact otherwise. The reduced outsider ratio is slightly negative for minority shareholder protection and the key point is whether a replacement will be nominated.