In accordance with Articles 363-2 and 542-6 of the Korean Commercial Act, shareholders holding at least 3% of the total issued voting shares, or those who have continuously held 1% or more for a period of no less than six months prior to the date of the ordinary general meeting of shareholders, are entitled to submit proposals for inclusion in the agenda of the shareholders’ meeting. Such proposals must be submitted in written form or by electronic means no later than six weeks before the date of the preceding year’s ordinary general meeting of shareholders.

The Board of Directors is mandated to place the proposed item on the agenda unless the proposal violates applicable statutes, the company’s Articles of Incorporation, or falls within the grounds for rejection as stipulated under Article 12 of the Enforcement Decree of the Korean Commercial Act. Upon request by the proposing shareholder, the Board must either disclose the substance of the proposal in the notice of meeting or provide the shareholder an opportunity to present and explain the proposal during the shareholders’ meeting.