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AI English summary of an SEC filing — figures as filed

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On January 19, 2026, the company increased the size of the Board from 9 to 10 directors and elected Anil Srinivasa Chakravarthy as a director, effective January 20, 2026.

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

Key points

AI summary
  1. On January 19, 2026, the company increased the size of the Board from 9 to 10 directors and elected Anil Srinivasa Chakravarthy as a director, effective January 20, 2026.

  2. The company said the Board affirmatively determined that Chakravarthy is independent under the rules of the New York Stock Exchange and the U.S. Securities Exchange Act, with an initial term expiring at the 2026 Annual Meeting of Shareholders.

  3. The company appointed Chakravarthy to serve as a member of the Audit Committee and the Risk and Technology Committee, and said he will receive compensation consistent with that received by the company's other non-employee directors, with the initial award of restricted stock units prorated.

  4. The company said Chakravarthy currently serves as President, Customer Experience Orchestration Business at Adobe and served as Chief Executive Officer of Informatica from 2015 to 2020.

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 size increased from 9 to 10 directors

On January 19, 2026, the company increased the size of the Board from 9 to 10 directors and elected Anil Srinivasa Chakravarthy as a director, effective January 20, 2026.

Source · Based on the filing body and exhibits

Independent director determination and initial term

The company said the Board affirmatively determined that Chakravarthy is independent under the rules of the New York Stock Exchange and the U.S. Securities Exchange Act, with an initial term expiring at the 2026 Annual Meeting of Shareholders.

Source · Based on the filing body and exhibits

Committee assignments and compensation terms

The company appointed Chakravarthy to serve as a member of the Audit Committee and the Risk and Technology Committee, and said he will receive compensation consistent with that received by the company's other non-employee directors, with the initial award of restricted stock units prorated.

Source · Based on the filing body and exhibits

Newly appointed director's background

The company said Chakravarthy currently serves as President, Customer Experience Orchestration Business at Adobe and served as Chief Executive Officer of Informatica from 2015 to 2020.

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.