The company said its board on May 14, 2024 elected Andrew K. Silvernail as a director with immediate effect, bringing the board to 10 members. His term as an executive director expires at the annual meeting of shareowners in May 2025.

1. 01

   The company said its board on May 14, 2024 elected Andrew K. Silvernail as a director with immediate effect, bringing the board to 10 members. His term as an executive director expires at the annual meeting of shareowners in May 2025.

2. 02

   The company said Silvernail, 53, has served as Chief Executive Officer since May 1, 2024 and will not be compensated for his service as an executive director. He will not be assigned to any board standing committees.

3. 03

   The company said shareowners approved the 2024 Long-Term Incentive Compensation Plan, with an effective date of May 13, 2024. The number of common shares available for issuance is 9,250,000 plus shares underlying awards outstanding under the 2009 Plan as of the effective date.

4. 04

   The company said that at its annual meeting of shareowners on May 13, 2024, 300,942,051 of 347,322,081 common shares outstanding on the record date were present, meeting the quorum of 87%. Shareowners approved the election of 9 directors and the ratification of Deloitte & Touche LLP as independent auditor, and did not approve 2 shareowner proposals.

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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

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