The National Pension Service (NPS) has decided to remain “neutral” regarding Hanmi Science’s shareholder meeting agenda.
The Ministry of Health and Welfare said the decision was made at the Specialized Committee on National Pension Fund Fiduciary Responsibility, which met on Tuesday.
The meeting deliberated on the direction of the NPS’ voting rights on Thursday’s agenda of the extraordinary general meeting of shareholders of Hanmi Science.
As a result of the deliberations, the committee decided to exercise “neutral”’ voting rights on the proposal to change the articles of incorporation to expand the number of directors from “between three and 10” to between “three and 11,” the proposal to appoint Shin Dong-guk as a non-executive director, and the proposal to appoint Lim Ju-hyun as an inside director.
A neutral exercise means that the voting rights held by the NPS are divided among the remaining shareholders according to the proportion of votes cast in favor and against.
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