DI Dongil to Convene Extraordinary General Meeting on August 29

DI Dongil will convene an extraordinary general meeting of shareholders with the main agenda item being the appointment of an auditor.

According to the Financial Supervisory Service's electronic disclosure system (DART) on July 11, DI Dongil announced that it has resolved to convene an extraordinary general meeting on August 29 at 10:00 a.m. at the Textile Center Building on Teheran-ro, Gangnam-gu, Seoul.

The main items on the agenda are the appointment of an auditor, including the board's proposal to appoint Lee Gilho as a standing auditor and a shareholder proposal to appoint Jang Junho as a standing auditor.

On December 11, 2024, DI Dongil had previously pledged, through a voluntary disclosure of other management matters, to establish an audit committee as part of its efforts to enhance management transparency.

However, at the 82nd regular general meeting of shareholders held on March 28, 2025, the agenda item "Partial Amendment of the Articles of Incorporation - Establishment of Audit Committee" was rejected, and Kim Jongtae, a candidate proposed by shareholders, was appointed as auditor. However, at the end of May, Kim Jongtae resigned from his position as auditor due to personal reasons, necessitating the appointment of a successor auditor.

The company stated, "No agenda item related to the establishment of an audit committee has been submitted for this extraordinary general meeting of shareholders." However, it also explained, "In order to fulfill the voluntary disclosure of other management matters, the agenda item for amending the articles of incorporation to establish an audit committee may be resubmitted at a future general meeting of shareholders, in accordance with amendments to the Commercial Act and other relevant circumstances."

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