Dongbu Construction CEO: "Strengthening Financial Stability by Managing Cash Flow, Reducing Costs"

Regular General Meeting of Shareholders for the 55th Term on the 26th

Yoon Jin-oh, CEO of Dongbu Construction, stated in his greeting at the 55th Annual General Meeting of Shareholders held on the 26th at the company headquarters in Yeoksam-dong, Gangnam-gu, Seoul, "Based on a substantial volume of orders secured this year, we will maintain stable sales while strengthening financial stability through thorough cash flow management to achieve continuous growth." He added, "We will improve our organizational structure through cost reduction and competitiveness enhancement, and continue to uphold our reputation as a trusted construction company."

CEO Yoon evaluated, "Over the past year, all executives and employees united to achieve results such as securing large-scale projects and diversifying our business." He also said, "In a rapidly changing environment, we are actively practicing sustainable ESG management through thorough risk management and governance improvement."

He continued, "Dongbu Construction will continuously challenge itself with a progressive attitude toward a new future to realize a sustainable company through change and innovation," emphasizing, "We will do our best to enhance shareholder value and practice ESG management to become a leading domestic company that is loved and respected."

At the shareholders' meeting, Dongbu Construction approved the agenda items including the financial statements and the appointment of directors as originally proposed.

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