The company said its Board approved an expansion of the Board from 9 to 10 directors on August 22, 2025 and filled the resulting vacancy by appointing President and Chief Executive Officer Gregory R. Adelson as a director.

1. 01

   The company said its Board approved an expansion of the Board from 9 to 10 directors on August 22, 2025 and filled the resulting vacancy by appointing President and Chief Executive Officer Gregory R. Adelson as a director.

2. 02

   The company said Adelson was appointed President on January 25, 2022 and Chief Executive Officer on July 1, 2024, and he will continue to hold both roles after joining the Board. He had served as Chief Operating Officer since November 2019.

3. 03

   The company said Adelson is not an independent director under Nasdaq Stock Market listing standards and SEC rules, will not serve on any Board committee, and will not receive separate compensation for Board service as an employee.

4. 04

   The company said Adelson's Board appointment was not made under any arrangement or understanding with another party, and that the company has no transaction with him requiring disclosure under Item 404(a). He is expected to stand for reelection with the other 9 current directors at the 2025 Annual Meeting of Stockholders.

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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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