Wonik IPS has filed a proxy statement on August 20, 2026, to solicit voting rights for its upcoming Extraordinary General Meeting of Shareholders scheduled for September 4, 2026. The primary objective of the solicitation is to ensure a sufficient quorum for the smooth proceeding of the meeting. Shareholders of record as of August 10, 2026, are eligible to participate via electronic voting through Samsung Securities from August 25 to September 3, 2026.
The meeting will address two key agenda items. First, the company proposes the appointment of Mr. Keun-min Choi as an independent director and member of the Audit Committee. Mr. Choi is a semiconductor industry expert who previously served as the Head of the Production Technology Center and Technology Innovation Center at SK Hynix. Second, the company seeks approval for its treasury stock holding and disposal plan. Wonik IPS intends to utilize its current holdings of 428,211 shares of Common Stock for employee stock compensation programs.
Under the proposed plan, the company expects to distribute up to 80,000 shares of Common Stock for employee rewards prior to the 2027 Annual General Meeting of Shareholders, while the remaining treasury shares will be held for future compensation needs. The company’s largest shareholder, Wonik Holdings, currently holds a 32.90% stake in the company.