[Breaking] Korea Zinc Shareholders’ Meeting Approves Appointment of Five Directors

On March 24, the number of directors to be appointed under the cumulative voting system, which was a key agenda item at Korea Zinc's regular general shareholders' meeting, was set at five. Previously, the group led by Chairman Choi Yunbeom of Korea Zinc had proposed appointing five directors, while the Young Poong and MBK Partners group had proposed appointing six directors. Although the proposal to appoint six directors received a majority of votes, the decision was made to appoint five directors in accordance with the principle that the candidates with the highest number of votes are elected.

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