KBG Expands into Advanced Materials (Silicone, Battery, Semiconductor) via Articles Amendment – New Director Election and Compensation Rules | KBG(318000)

Significant expansion of business purpose: from pharmaceuticals/chemicals to advanced materials including silicone resin, electronic/semiconductor/display materials, secondary battery materials, cosmetic raw materials, ceramic materials, automotive electronic materials and high-performance adhesives (articles amendment)
Election of new inside director: candidate Bu Tae-gyun (brother of CEO, experienced in silicone materials)
Establishment of director compensation regulation: annual limit of 1.5 billion won, including performance bonuses
Amendment of executive retirement pay regulation: detailed payment rates by position (Chairman/CEO 2x, VP/Exec. VP 1.5x, Managing Director/Director 1.3x)
Approval of auditor compensation limit: 100 million won (same as previous)
No shareholder meeting souvenirs; notice via electronic disclosure

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