Moa Life Plus Amends Agenda for EGM: Replaces Director Candidates, Keeps Stock Split and Charter Amendment

Moa Life Plus filed an amendment to the extraordinary general meeting notice on July 9 2026, changing the agenda.
The first agenda item for election of inside directors replaced the previous candidates Hwang Ui-seok, Jeong Gyeong-hwan, Kim Ha-jeong with Kim Su-cheol, Nam Mi-seon, and Kang In-seon.
The previous candidates were affiliated with DHX group, while the new candidates are from unrelated companies such as Sunhan Tech.
The second agenda item proposing a 2:1 reverse stock split par value change from 500 won to 1,000 won and the third agenda item for charter amendment remain unchanged.
The stock split reduces outstanding shares from 42,166,980 to 21,083,490 but capital remains the same with no fundamental value change.
The replacement of director candidates is a personnel change with no financial impact, thus neutral for shareholder value.
[AI Summary]Moa Life Plus’s amendment merely substitutes inside director candidates with no change to underlying financial terms of the stock split and charter revision. The event is neutral for corporate value and limited stock price volatility is expected.