LMS Calls Extraordinary General Meeting to Re-approve Director Compensation Limit of 2 Billion Won After Previous Rejection
LMS Co., Ltd. has called an Extraordinary General Meeting on August 4, 2026, to seek shareholder approval for a director compensation limit of 2 billion KRW, following the rejection of the same proposal at the previous annual general meeting.
According to board activity records, the board approved a cash dividend for the fiscal year 2025 in February 2026.
The company operates in the display prism sheet and optical information IR filter businesses, and enjoys a duopoly with 3M in the small-to-medium prism sheet market.
This EGM involves no capital changes or dilution, and is solely focused on governance matters.
The board consists of six directors, including three outside directors, and operates an audit committee and a transparent management committee.
[AI Summary]LMS's EGM call aims to re-approve the previously rejected director compensation limit with no capital structure impact. Shareholder value impact is limited but may support board stability.