General Shareholders' Meeting

We are fully committed to protect the shareholders’ rights and desire to become a company growing with our shareholders.

The status of the exercising of voting rights

68th General Meeting
Details of agenda Proponents Opponents·Abstainers
No. of shares Proportion No. of shares Proportion
No. 1 Amendment to the Articles of Incorporation
(partial revision)
Amendment to the Articles of Incorporation in accordance with the revised Commercial Act
(Article 19, Article 24, Article 28, Article 29-2, Article 30, Article 34, Article 40-2, Article 40-3)
4,619,680 81.53% 1,046,560 18.47%
Amendment to the Articles of Incorporation regarding the exclusion of cumulative voting
(Article 29)
2,953,260 98.81% 35,526 1.19%
Amendment to the Articles of Incorporation regarding the notice period for convening a board of directors meeting
(Article 36)
5,622,720 99.23% 43,520 0.77%
Amendment to the Effective Date of the Articles of Incorporation
(Article 49)
5,622,720 99.23% 43,520 0.77%
Withdrawal of the agenda item (reflecting the withdrawal of the Shareholder Proposal)
No. 2 Appointment of directors Ick-hyun Nam as an outside director 5,564,562 98.21% 101,678 1.79%
Jun-sung Son as an outside director 5,564,008 98.20% 102,232 1.80%
No. 3 Appointment of Ick-hyun Nam as a member of the audit committee 2,673,964 96.40% 99,968 3.60%
No. 4 Appointment of Cheol-hong Kim, an outside director becoming a member of the audit committee 2,713,716 90.80% 275,070 9.20%
No. 5 Approval of the directors’ remuneration limit 3,847,107 98.92% 41,838 1.08%
No. 6 Amendment to the executive severance payment regulations 3,435,588 90.46% 362,160 9.54%
No. 7 Transfer of capital reserves to retained earnings 5,624,692 99.27% 41,548 0.73%
No. 8 Withdrawal of the agenda (changed to a matter to report)
No. 9 Approval of the Plan for the Holding and Disposal of Treasury Shares 4,571,253 80.89% 1,079,896 19.11%
No. 10 Withdrawal of the agenda item (reflecting the withdrawal of the Shareholder Proposal)
  • The attendance rate excluding the largest shareholder and affiliated persons: 66.33%
  • The 68th General Shareholders’ Meeting (Mar 26, 2026)

Shareholder proposal rights

The rights of the minority shareholder

The company ensures the following rights to the minority shareholders in relation to the General Shareholders' Meeting.

The right to call the General Shareholders' Meeting

According to Article 542-6 of the Commercial Act, a shareholder having owned more than 1.5% of the total shares outstanding except those with no voting right since 6 months may request to call an extraordinary general meeting.

The shareholder proposal rights

According to Article 542-6 of the Commercial Act, a shareholder having owned more than 1% of the total shares outstanding with the voting right since 6 months may request a certain item as the agenda for the General Shareholders' Meeting. If the shareholder proposes it in writing or an electronic document six weeks prior to the date of the General Shareholders' Meeting in the immediate preceding year. Unless the proposals are in violation to the laws/regulations or Articles of incorporation or applicable to the refusal causes of the shareholders prescribed by Article 12 of the Commercial Act, the proposed item shall be presented as the agenda. If there is a request from the shareholder who made the proposal, the major details of the applicable agenda shall be stated in the convening notice. The shareholder will be given an opportunity to explain the agenda at the General Shareholders' Meeting.

  • Inquiry : ESG Operation Team (82-2-3480-5168)
  • Reception desk for the shareholder proposal rights : 344, Sapyeong-daero, Seocho-gu, Seoul, Republic of Korea / ESG Operation Team at the HQ of the KCC / esg@kccworld.co.kr)

The process of handling the shareholder proposal rights

Receive the
proposal
In writing or electronic document
(6 weeks prior to the date of the General Shareholders' Meeting)
Review the
proposal
Whether an item is in violation to the related laws/regulations or the Articles of incorporation
Make decision at the General Shareholders’ Meeting (the BOD)
Conduct the voting in the General Shareholders’ Meeting