메인으로

Procedures for Exercising Shareholder Proposal Rights

· Shareholder Proposal refers to the right to propose to directors of a company that some issues be raised as agenda items 

  for the general meeting of shareholders. (Article 363-2 of the Commercial Act)

· Shareholders who hold a certain percentage of issued and outstanding shares of a listed company may make a proposal, 

  and the rate of shareholding herein shall be jointly made up by two or more shareholders. 

  (Article 363-2(1), 542-  6(2), and 542-6(9) of the Commercial Act)

How to Make a Shareholder Proposal

1) Submission Deadline: Six(6) weeks before the date of the year that is equivalent to the date of the previous 

    annual meeting of shareholders

2) Method: Written or electronic documents

    ※ Address : 1264 Daegum-ro, Geumwang-eup, Eumseong-gun, Chungcheongbuk-do Attention: 

    Shareholders’ Meeting Administrator, Management Support Team Jeonjin Construction Robot Co., Ltd.

    E-mail : kkhoon@junjin.com

3) Qualification

   ① Shareholders who own over three(3) percent of the total number of issued and outstanding voting shares

       (Article 363-2(1) of the Commercial Act)

   ② Any shareholder who has continued to hold stocks equivalent to over one(1) percent of the total number of issued 

       and outstanding voting shares of a listed company for at least six(6) months

       (Article 542-6(2) of the Commercial Act)

   ※ At the time of determining the fulfillment of equity requirements, the day before a shareholder proposal was submitted 

       (in writing or by electronic documents) shall be the starting point of reckoning the six(6)-month retention p      eriod

    - Document to be submitted : Certificate of actual shareholders issued by the Korea Securities Depository, 

      Statement of transaction details (Proof of retention required)

Internal Process

· When the shareholders' proposal is received, it will decide whether to submit the proposal at the general shareholders' meeting 

  through a legal review of the qualifications and contents of the proposal, and reply to the proposed shareholders in writing 

  or electronic documents. If the proposal is included in an agenda at the general shareholders' meeting, the opportunity 

  to explain to the proposed shareholders is guaranteed at the general shareholders' meeting.

※ Note: Criteria for Rejection of Shareholder Proposals (Article 12 of the Enforcement Decree of the Commercial Act)

    1) Where a proposal is presented again within three years from the date on which a proposal with the same content was rejected 

        for having received approval of less than 10% of the votes at the General Meeting.

    2) Where the proposal concerns a shareholder's personal grievance

    3) Where the proposal concerns a matter that involves a right of minority shareholders obligated to hold shares 

        in excess of a certain ratio to exercise shareholders' rights

    4) Where the proposal concerns a matter that involves the removal of an incumbent executive officer

    5) Where the proposal concerns a matter that the company is unable to materialize, is based on an evidently false ground, 

        or defames a particular person