Kia Motors Appoints President Song Ho-sung as Inside Director

[Asia Economy Reporter Suyeon Woo] Kia Motors held an extraordinary general meeting of shareholders on the 10th and passed a resolution to appoint President Song Hoseong as an inside director.

At the extraordinary general meeting held at the Yangjae Building auditorium at Kia Motors headquarters, the sole agenda item, the appointment of President Song as an inside director, was approved as originally proposed. Approximately 319 million shares, representing 79.6% of the voting shares, participated in the resolution.

With this resolution, Kia Motors' inside directors will consist of Hyundai Motor Group Vice Chairman Chung Euisun, Kia Motors President Song Hoseong, Executive Vice President Choi Junyoung, and Executive Director Joo Woojung.

Meanwhile, prior to the extraordinary general meeting, Kia Motors sent letters to shareholders encouraging them to exercise their voting rights via electronic voting to prevent the spread of the novel coronavirus infection (COVID-19).

About 60 shareholders attended the meeting, and Kia Motors ensured that shareholders sat at least two seats apart, while enforcing mask-wearing, hand sanitization, and temperature checks.

Kia Motors held an extraordinary general meeting of shareholders on the 10th to propose the appointment of President Song Ho-sung as an inside director. Photo by Kia Motors

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