Electronic Voting to Be Conducted from the 8th for 105 Companies Including Samsung Electronics, SK Hynix, and Hyundai Motor

[Asia Economy Reporter Oh Ju-yeon] The Korea Securities Depository (KSD) announced that a total of 105 companies with December fiscal year-end will use the KSD electronic voting system (K-eVote) for electronic voting and electronic proxy forms to hold their regular general meetings of shareholders.

According to KSD on the 8th, from this day, Samsung Electronics and Hyundai Mobis will start using electronic voting and electronic proxy forms through the KSD electronic voting system (K-eVote). From the 9th, Hyundai Motor and Hyundai Glovis will begin, and from the 10th, Samsung C&T, SK Hynix, Chongkundang Bio, and Hanjin Heavy Industries Holdings will start using the system.

The period for exercising electronic voting and proxy rights is 10 days from the start date, and the available time for exercising rights is from 9 a.m. to 10 p.m.

However, on the last day of the exercise period, the available time is until 5 p.m., and the exercise period may be extended upon the issuer's request. The end date of the exercise period is the day before the general meeting of shareholders.

Shareholders who wish to use electronic voting and electronic proxy forms can exercise their voting rights by accessing the K-eVote website during the exercise period and completing identity verification.

Meanwhile, the Korea Securities Depository has introduced and is operating a simple authentication service this year to enhance the convenience of electronic voting, and has improved accessibility to electronic voting through linkage with Kiwoom Securities' Home Trading Service (HTS) and Mobile Trading Service (MTS).

In addition, to support the operation of general meetings of shareholders for issuing companies facing difficulties in securing voting rights, a "Special Support Team for General Meetings of Shareholders" will be operated throughout March.

Especially this year, by providing the "General Meeting Information Electronic Notification Service" through a certified electronic document intermediary, which sends mobile AlimTalk messages to individual shareholders to guide electronic voting, KSD plans to strengthen encouragement activities for electronic voting among shareholders of companies receiving focused support.

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