Sejong Launches Electronic Shareholders' Meeting TF to Strengthen Advisory Services for Listed Companies

For Listed Companies with Over 2 Trillion Won in Assets
Support for Articles Review and Establishing Operational Standards

Attorney Seungwoo Baek (from the left), Director Hyoseob Ahn, Saeron Oh, Sooyoung Jung, Sukmi Lee, Attorney Byunghun Yang, Chief Attorney Donggeon Lee, Senior Researcher Dohyun Kim, Attorney Myung Choi, Specialist Taejun Yoon. Provided by Sejong Law Firm

Sejong Law Firm announced on September 14 that it will launch comprehensive advisory services for listed companies, centered on its "Electronic General Shareholders' Meeting Task Force (TF)," ahead of the introduction of the electronic shareholders' meeting system in 2027.

Starting January 1, 2027, listed companies with total assets of 2 trillion won or more will be required to hold both in-person and electronic shareholders' meetings. Accordingly, target companies must preemptively establish procedures for selecting management organizations, outsourcing agreements, internal operational standards, meeting notifications, shareholder identification and proxy attendance procedures, criteria for questions and statements by electronically attending shareholders, responses to communication disruptions, and personal data protection.

The Sejong Electronic General Shareholders' Meeting TF will first assess each company's articles of incorporation, shareholder composition, current electronic voting system status, and potential for disputes. It will then provide step-by-step support, including board resolutions and meeting notifications, management organization contract reviews, scenarios for meeting procedures, emergency response manuals, operation and minutes preparation on the meeting day, and post-meeting dispute responses.

The TF consists of Chief Attorney Donggun Lee of Sejong, as well as Attorneys Sukmi Lee, Saeron Oh, Myung Choi, Seungwoo Baek, Jungho Ahn, and Director Hyoseop Ahn of the Corporate Governance Research Institute, among others. Sejong will also host a seminar titled "A to Z of Preparing for a Successful Electronic General Shareholders' Meeting" with IRQUDAS on September 29.

Chief Attorney Donggun Lee of Sejong stated, "The electronic shareholders' meeting system must guarantee the rights of shareholders attending electronically while ensuring both the legality of resolutions and fairness with in-person shareholders," adding, "We will provide comprehensive solutions tailored to each company's circumstances."

This content was produced with the assistance of AI translation services.