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The company said on July 23, 2025 it increased the size of its Board of Directors from 11 to 12 members and elected Gerald Johnson as a director, effective immediately.

8-KDeparture or Appointment of Directors or Certain OfficersFiled Period of report Summary published (UTC)

Key points

AI summary
  1. The company said on July 23, 2025 it increased the size of its Board of Directors from 11 to 12 members and elected Gerald Johnson as a director, effective immediately.

  2. The company said Johnson, 62, is the retired Executive Vice President, Global Manufacturing and Sustainability of General Motors Company, and was appointed to serve on the Audit Committee and the Governance Committee.

  3. The company said it will grant Johnson an RSU on August 7, 2025 representing $127,500 in Ordinary Shares, which is 75% of the full $170,000 RSU award amount.

  4. The company said in its press release that Johnson served at General Motors for more than 40 years overseeing global manufacturing and labor relations, and currently serves on the board of Caterpillar Inc.

Summary

AI-written

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

Board Expansion and Election of Gerald Johnson

The company said on July 23, 2025 it increased the size of its Board of Directors from 11 to 12 members and elected Gerald Johnson as a director, effective immediately.

Source · Based on the filing body and exhibits

Johnson's Career and Committee Appointments

The company said Johnson, 62, is the retired Executive Vice President, Global Manufacturing and Sustainability of General Motors Company, and was appointed to serve on the Audit Committee and the Governance Committee.

Source · Based on the filing body and exhibits

Johnson's RSU Compensation Terms

The company said it will grant Johnson an RSU on August 7, 2025 representing $127,500 in Ordinary Shares, which is 75% of the full $170,000 RSU award amount.

Source · Based on the filing body and exhibits

Career Details and Caterpillar Board Service in Press Release

The company said in its press release that Johnson served at General Motors for more than 40 years overseeing global manufacturing and labor relations, and currently serves on the board of Caterpillar Inc.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.