Articles of Incorporation Amendment

Background

NEIMIN, Inc. has partially amended its Articles of Incorporation to broaden the scope of renewable energy business and to strengthen corporate governance. The amendment was approved by resolution of the shareholders' meeting.

Key changes

• Business purpose clause expanded to explicitly include Energy Storage System (ESS) development & operation and wind power generation
• Clarification of board quorum and auditor appointment procedures
• Introduction of an electronic disclosure clause — future notices will be published on this website (neimin.co.kr)
• Updates to provisions on share transfer restrictions

Effective date

The amendment takes effect on April 30, 2021.

The full text of the Articles is available for inspection on-site. Shareholders and stakeholders may also request a copy via [email protected].