KT&G to Hold 38th Annual General Meeting
KT&G announced its 38th Annual General Meeting (AGM) scheduled for March 26, 2025, at the KT&G Human Resources Development Institute in Daejeon, South Korea. The meeting agenda includes approval of financial statements, partial amendments to articles of incorporation, appointment of directors, and director remuneration cap.
The Board recommended COO and Senior Executive VP Sang-Hak Lee as an inside director candidate, citing his role as CFO and contributions to increased profitability and establishment of shareholder policies. For outside director positions, Kwan-Soo Shon and Jee-Hee Lee have been nominated for another term. Shon, who served as CEO of CJ Logistics, has also been nominated as an audit committee member, while Lee, the CEO of W.WORKS, currently chairs the sustainability committee.
KT&G stated they are actively communicating with shareholders about strengthening business competitiveness and shareholder return plans while working to maximize stakeholder interests and corporate value.
KT&G ha annunciato la sua 38ª Assemblea Generale Annuale (AGM) programmata per il 26 marzo 2025, presso l'Istituto di Sviluppo delle Risorse Umane di KT&G a Daejeon, Corea del Sud. L'ordine del giorno dell'incontro include l'approvazione dei bilanci finanziari, modifiche parziali allo statuto, nomina dei direttori e un tetto per la remunerazione dei direttori.
Il Consiglio ha raccomandato il COO e Senior Executive VP Sang-Hak Lee come candidato per direttore interno, citando il suo ruolo di CFO e i contributi all'aumento della redditività e all'istituzione delle politiche per gli azionisti. Per le posizioni di direttore esterno, Kwan-Soo Shon e Jee-Hee Lee sono stati nominati per un altro mandato. Shon, che ha ricoperto il ruolo di CEO di CJ Logistics, è stato anche nominato come membro del comitato di audit, mentre Lee, CEO di W.WORKS, presiede attualmente il comitato per la sostenibilità.
KT&G ha dichiarato di comunicare attivamente con gli azionisti riguardo al rafforzamento della competitività aziendale e ai piani di ritorno per gli azionisti, lavorando per massimizzare gli interessi degli stakeholder e il valore aziendale.
KT&G anunció su 38ª Junta General Anual (AGM) programada para el 26 de marzo de 2025, en el Instituto de Desarrollo de Recursos Humanos de KT&G en Daejeon, Corea del Sur. La agenda de la reunión incluye la aprobación de estados financieros, enmiendas parciales a los artículos de incorporación, nombramiento de directores y un límite para la remuneración de los directores.
La Junta recomendó al COO y Vicepresidente Ejecutivo Senior Sang-Hak Lee como candidato a director interno, citando su papel como CFO y sus contribuciones al aumento de la rentabilidad y el establecimiento de políticas para los accionistas. Para los puestos de director externo, Kwan-Soo Shon y Jee-Hee Lee han sido nominados para otro mandato. Shon, quien fue CEO de CJ Logistics, también ha sido nominado como miembro del comité de auditoría, mientras que Lee, CEO de W.WORKS, actualmente preside el comité de sostenibilidad.
KT&G declaró que están comunicándose activamente con los accionistas sobre el fortalecimiento de la competitividad empresarial y los planes de retorno para los accionistas, mientras trabajan para maximizar los intereses de las partes interesadas y el valor corporativo.
KT&G는 2025년 3월 26일 대전 KT&G 인재개발원에서 개최될 제38회 정기주주총회를 발표했습니다. 회의 안건에는 재무제표 승인, 정관 일부 개정, 이사 선임 및 이사 보수 한도가 포함됩니다.
이사회는 COO이자 수석 부사장인 상학 이를 내부 이사 후보로 추천하며, 그의 CFO 역할과 수익성 증가 및 주주 정책 수립에 대한 기여를 언급했습니다. 외부 이사직에는 관수 손과 지희 이가 또 다른 임기를 위해 지명되었습니다. CJ 물류의 CEO로 재직했던 손은 감사위원회 위원으로도 지명되었으며, W.WORKS의 CEO인 이는 현재 지속 가능성 위원회를 주재하고 있습니다.
KT&G는 사업 경쟁력 강화 및 주주 수익 계획에 대해 주주와 적극적으로 소통하고 있으며, 이해관계자의 이익과 기업 가치를 극대화하기 위해 노력하고 있다고 밝혔습니다.
KT&G a annoncé sa 38e Assemblée Générale Annuelle (AGM) prévue pour le 26 mars 2025, à l'Institut de Développement des Ressources Humaines de KT&G à Daejeon, en Corée du Sud. L'ordre du jour de la réunion comprend l'approbation des états financiers, des modifications partielles des statuts, la nomination des administrateurs et un plafond de rémunération pour les administrateurs.
Le Conseil a recommandé le COO et Vice-Président Exécutif Senior Sang-Hak Lee comme candidat directeur interne, citant son rôle de CFO et ses contributions à l'augmentation de la rentabilité et à l'établissement des politiques pour les actionnaires. Pour les postes de directeur externe, Kwan-Soo Shon et Jee-Hee Lee ont été nommés pour un nouveau mandat. Shon, qui a été PDG de CJ Logistics, a également été nommé membre du comité d'audit, tandis que Lee, PDG de W.WORKS, préside actuellement le comité de durabilité.
KT&G a déclaré qu'ils communiquaient activement avec les actionnaires sur le renforcement de la compétitivité de l'entreprise et les plans de retour pour les actionnaires, tout en travaillant à maximiser les intérêts des parties prenantes et la valeur de l'entreprise.
KT&G hat seine 38. Jahreshauptversammlung (AGM) angekündigt, die für den 26. März 2025 im KT&G Institut für Personalentwicklung in Daejeon, Südkorea, geplant ist. Die Tagesordnung der Sitzung umfasst die Genehmigung der Finanzberichte, teilweise Änderungen der Satzung, die Ernennung von Direktoren und eine Obergrenze für die Vergütung der Direktoren.
Der Vorstand empfahl COO und Senior Executive VP Sang-Hak Lee als Kandidaten für den internen Direktor und verwies auf seine Rolle als CFO sowie auf seine Beiträge zur Steigerung der Rentabilität und zur Etablierung von Aktionärsrichtlinien. Für die externen Direktorpositionen wurden Kwan-Soo Shon und Jee-Hee Lee für eine weitere Amtszeit nominiert. Shon, der als CEO von CJ Logistics diente, wurde auch als Mitglied des Prüfungsausschusses nominiert, während Lee, der CEO von W.WORKS ist, derzeit den Nachhaltigkeitsausschuss leitet.
KT&G erklärte, dass sie aktiv mit den Aktionären über die Stärkung der Wettbewerbsfähigkeit des Unternehmens und die Pläne zur Rendite für die Aktionäre kommunizieren, während sie daran arbeiten, die Interessen der Stakeholder und den Unternehmenswert zu maximieren.
- Board recommended CFO Sang-Hak Lee as inside director for his contributions to increased profitability
- Company has established mid-to-long-term shareholder policies
- KT&G actively communicating with shareholders about strengthening business competitiveness
- Company implementing shareholder return plans
- None.
- Annual General Meeting on Mar. 26th, agendas include director appointment
The agenda items for the upcoming AGM include the approval of: financial statements and statement of appropriation of retained earnings; partial amendments to the articles of incorporation; appointment of one inside director and two outside directors; appointment of one audit committee member; and renumeration cap for directors.
Regarding the partial amendments to the articles of incorporation, the KT&G Board of Directors ("Board") resolved to clarify the number of directors; align provisions regarding the appointment of audit committee members; clarify the method for the appointment of the president; change the quarterly dividend record dates; and to submit them as AGM agendas.
Additionally, the Board recommended Chief Operating Officer and Senior Executive Vice President Sang-Hak Lee as an inside director candidate. Sang-Hak Lee is the CFO and a "strategy specialist" who played essential roles in strategy and management policy, finding momentum for KT&G's growth. The Board determined Sang-Hak Lee as the best candidate to achieve the vision of a leap to a "Global Top-tier," recognizing his contributions as the COO in achieving parallel growth of corporate and shareholder value such as increased profitability based on strong main business competitiveness and preemptive establishment of mid- to long-term shareholder policies.
As for outside director candidates, Kwan-Soo Shon and Jee-Hee Lee, who have acted as outside directors for the past three years, have been nominated.
Kwan-Soo Shon is a professional executive who served as the CEO of CJ Logistics. Based on his experience and expertise in manufacturing and logistics, he contributed to the establishment of mid- to long-term investment plans for domestic and global manufacturing bases and optimization of manufacturing and supply systems. Starting last year, he also acted as the chairman of the Board and has made proactive proposals throughout the establishment process of the corporate value-up plan.
Kwan-Soo Shon has also been nominated as an audit committee member. He was recognized for his participation in various committees, acting as an independent and impartial supervisor of the Company's business and financial activities.
Jee-Hee Lee, based on her experience of successfully marketing various global consumables brands as the incumbent CEO of W.WORKS, contributed to the product launching strategies in both domestic and global markets. Since last year, she has acted as the chair of the sustainability committee, and has been commended for successfully establishing an ESG management system through proposals for ESG policies and strategies, reinforcement of oversight for target implementation, and other measures.
A KT&G spokesperson stated that "we are actively communicating with shareholders and other stakeholders about strengthening our main business's competitiveness, the finest shareholder return plans across the globe, as well as other future vision implementation. We will continue to put our best efforts into maximizing stakeholder interests and corporate value based on our robust governance structure."
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SOURCE KT&G Corporation
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