"Strengthening Shareholder-Centric Management" KT Introduces Electronic Voting System

[Asia Economy Reporter Koo Chae-eun] KT will introduce an electronic voting system at the 38th regular shareholders' meeting to be held on the 30th, as part of strengthening shareholder-centered management.

According to KT on the 10th, KT has introduced a written voting system since 2006, allowing shareholders to express their opinions on agenda items through written ballots sent to their addresses. At this shareholders' meeting, the electronic voting system will be proactively applied, enabling shareholders to exercise their voting rights on major management agendas more conveniently.

Under the policy of continuously adopting shareholder-friendly measures, KT is exploring various ways to communicate with shareholders and is actively considering the blanket introduction of electronic voting systems to listed companies within the group.

KT shareholders who wish to vote electronically can access the Korea Securities Depository electronic voting site, verify their identity with a digital certificate, and exercise their voting rights on each agenda item. Electronic voting will be open for a total of 10 days from the 20th to the 29th, with voting available from 9 a.m. to 10 p.m. until the 28th, and from 9 a.m. to 5 p.m. on the last day, the 29th. Considering the recent COVID-19 situation requiring avoidance of face-to-face contact, the electronic voting system is expected to be a very useful means for shareholders to express their opinions.

Jong-wook Park, Vice President and Head of KT's Management Planning Division, said, "KT is a national company where all general shareholders, not specific major shareholders, make decisions and participate in management together. With the introduction of the electronic voting system, we will actively work to enhance corporate value by strengthening trust with shareholders and other stakeholders."

Meanwhile, this year's KT regular shareholders' meeting will be held at 9 a.m. on the 30th in the auditorium on the 2nd floor of the KT Research and Development Center on Taebong-ro, Seocho-gu. A total of eight agenda items will be presented at this meeting, including partial amendments to the articles of incorporation, appointment of the CEO, approval of financial statements, appointment of directors, appointment of audit committee members, approval of director remuneration limits, approval of management contracts, and revision of executive retirement payment regulations.

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