Gu Bon-jun, LX Chairman, "Will Devote Efforts to Discover New Customers and Global Business Opportunities"

Emphasis on "Differentiated Competitiveness"
at the Regular Shareholders' Meeting on the 31st

Gu Bon-jun, Chairman of LX Holdings, stated, "We will strive to secure new customers and discover global business opportunities to become a sustainably growing company."

On the 31st, Chairman Gu made these remarks during the business report greeting at the 4th regular shareholders' meeting held at the headquarters in Gwanghwamun, Jongno-gu, Seoul, saying, "We will nurture businesses that can gain a competitive edge and secure LX's unique differentiated competitiveness."

Koo Bon-joon, Chairman of LX Holdings (Photo by LX Holdings)

On the same day, LX Holdings presented the audit report, business report, and internal accounting management system operation status report to shareholders, and submitted a total of four agenda items for approval as originally proposed: ▲ the 4th financial statements ▲ appointment of directors ▲ appointment of audit committee members ▲ approval of the director remuneration limit.

LX Holdings reappointed President No Jin-seo (CEO) as an inside director and newly appointed Professor Cha Guk-heon, Emeritus Professor at Seoul National University, as an outside director and audit committee member. Newly appointed outside director Cha Guk-heon is an expert in the fields of chemistry and engineering, having served as Dean of the College of Engineering and Dean of the Graduate School of Engineering at Seoul National University, and is expected to play a significant role in setting the group's business direction and creating synergy among affiliates.

Meanwhile, as a dividend for the fiscal year 2024, a cash dividend of 290 KRW per common share and 300 KRW per preferred share will be paid. As part of strengthening its shareholder return policy, LX Holdings announced a dividend policy to return at least 35% of the average net income for the most recent three years based on separate financial statements (excluding one-time non-recurring gains) to shareholders from the 2024 fiscal year through 2026.

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