The company said shareholders approved the 2024 Omnibus Award Plan at its April 26, 2024 annual meeting, and that the plan was approved by the Board on February 27, 2024.

1. 01

   The company said shareholders approved the 2024 Omnibus Award Plan at its April 26, 2024 annual meeting, and that the plan was approved by the Board on February 27, 2024.

2. 02

   Under the 2024 Plan, up to 9,320,000 shares of common stock may be issued, the company said, and shares granted after December 31, 2023 under the 2022 Plan are deducted from this limit.

3. 03

   The company said each share subject to an option or stock-settled stock appreciation right reduces the share limit by 1 share(s) for every 1 shares granted, and each share subject to any other share-denominated award reduces it by 2.85 share(s) for every 1 shares granted.

4. 04

   The company said 153,803,835 shares were entitled to vote as of the record date of February 26, 2024, and that the 2024 Plan proposal received 112,229,376 votes for, 7,773,331 against, 351,774 abstentions and 13,581,773 broker non-votes.

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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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