POSCO FUTURE M

- On the 25th of this month, following the shareholders' and board meetings, President Yoo Byeong-og was appointed the CEO.

- New appointments to the board of directors include former Deputy Minister of Gender Equality and Family, Lee Bok-sil, and Professor Yoon Tae-hwa of Gachon University’s Department of Business Administration and the reappointment of external director Kwon Oh-chul.

- Yoon Deok-il, Head of Planning and Support, and Kim Jin-chul, Director of the Safety and Environment Center, were reappointed as internal directors.

- Kim Jun-hyung of POSCO Holdings, the head of Eco-Friendly Future Materials, was newly appointed as a non-executive director.

POSCO Future M convened its 53rd Annual General Meeting of Shareholders on the 25th of this month. At this meeting, it appointed internal and external directors and decided on crucial issues, including partial amendments to its articles of incorporation.

At the shareholders' meeting, POSCO Future M President Yoo Byeong-og was newly appointed as an internal director, subsequently being appointed CEO at the following board meeting.

The new external directors appointed were Lee Bok-sil, former Deputy Minister of Gender Equality and Family, and Professor Yoon Tae-hwa of Gachon University's Department of Business Administration. Kwon Oh-chul was reappointed as an external director.

External directors Lee Bok-sil and Yoon Tae-hwa were also appointed members of the Audit Committee. Based on their professional expertise in their respective fields, they are expected to contribute to enhancing decision-making transparency and the sustainability of management.

Yoon Deok-il, Head of Planning and Support, and Kim Jin-chul, the Chief Safety and Environmental Officer (CSEO), were reappointed as internal directors.

Kim Jun-hyung of POSCO Holdings, the head of Eco-Friendly Future Materials, was newly appointed as a non-executive director.

Besides the appointment of directors, the shareholders' meeting approved several crucial issues, including amendments to the articles of incorporation to add the manufacturing, sale, import/export, agency, brokerage, and processing of secondary battery materials in anticipation of expanding the business area related to secondary battery materials. The meeting also approved the 53rd financial statements and director remuneration limits, among six agenda items.