Hyundai Worldwide Global Navigation
| Existing Article | Amendment | Note | ||||
|---|---|---|---|---|---|---|
| Article 22 (Number of Directors and Election thereof) (1) The Company shall have more than six (6) directors who shall be elected at an annual shareholders meeting. |
Article 22 (Number of Directors and Election thereof) (1) The Company shall have more than six (6) directors but up to ten (10) directors who shall be elected at an annual shareholders meeting. |
Range of Number of directors | ||||
| | Article 37-2 (Retirement of Shares out of Profits)
|
New article about retirement of shares |
| (1) | The shares of the Company owned by the Company may be retired up to the amount of the distributable profits. |
| (2) | The details on retirement of shares, including the class and number of shares to be retired and the method of retirement, shall be determined by a resolution of the Board of Directors. |