Samco Files Lawsuit Challenging Validity of Extraordinary General Meeting Resolution on Outside Director Kim Gwan-bae

[Asia Economy Reporter Minji Lee] Samco announced on the 18th that Kim Gwan-bae, an outside director, filed a lawsuit at the Jinju Branch of Changwon District Court confirming the invalidity of the resolution to appoint Go Seok-min, Han Seung-jae, Lee Jae-jin, and Chou Li Sheng as directors at the defendant company's extraordinary general meeting held on March 11.

The company stated, "We will actively respond through legal representatives following legal procedures."