[Introduction] EGM Agenda

2024-12-28

Korea Zinc’s Position for EGM Agenda

– Support agenda items aligned with governance improvement goals, such as enhancing board efficiency, protecting general shareholder rights, and adopting shareholder-friendly policies

– Reasonably accept the MBK&YP’s shareholder proposal to introduce an executive officer system, deemed to contribute to governance enhancement

– The candidates proposed by MBK&YP are opposed due to governance risks, including a lack of transparency in the nomination process, concerns about independence, and potential disqualification under the Korean Commercial Act