Korea Securities Depository and Listed Companies Association Hold Briefing Session on the Introduction of the Electronic Shareholders' Meeting System

Korea Securities Depository and the Korea Listed Companies Association jointly held an explanatory session on the introduction of the electronic shareholders' meeting system for executives and employees responsible for shareholders' meetings at listed companies.

On the 16th, Im Sarang, Deputy General Manager of Korea Securities Depository, gave a presentation on the topic "Introduction to Key Services of the Electronic General Meeting of Shareholders Platform" in the main auditorium on the basement first floor of the Listed Companies Association building. Korea Securities Depository

According to Korea Securities Depository on the 20th, the session was held to help listed companies better understand the electronic shareholders' meeting system and platform, which will be implemented from next year due to revisions to the Commercial Act. On the 16th, representatives from 207 listed companies attended the event.

Korea Securities Depository provided guidance on overall practical matters, including the key functions of the electronic shareholders' meeting platform, how to use it, and prior preparations. The Korea Listed Companies Association explained the main revisions to the Commercial Act related to electronic shareholders' meetings and practical considerations so that listed companies can accurately understand and adapt to the new system. There were various questions regarding the interpretation of the electronic shareholders' meeting system, tallying of voting rights and calculation of shares present, and shareholder authentication. Participants shared their opinions mainly on issues anticipated in the actual work process.

Korea Securities Depository and the Korea Listed Companies Association, in cooperation with the Ministry of Justice, plan to continue providing diverse support such as practical training and pilot electronic shareholders' meetings so that listed companies can smoothly adopt and operate the electronic shareholders' meeting system.

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