[Corporate Governance] Hannuri Successfully Advises Align Partners on Approval Shareholder Proposal on Director Compensation Cap at Dentium’s 2026 AGM

   Writer 한누리    l    Hit 8
8일 전 원문보기


Hannuri Law LLC advised Align Partners Capital Management Inc. in its shareholder activism campaign against Dentium Co., Ltd., resulting in the approval of a shareholder proposal on the director compensation cap at the 2026 Annual General Meeting (AGM).   


The AGM involved a contested voting structure in which shareholder proposals competed with board-sponsored proposals on related matters. In this context, the shareholder proposal on the director compensation cap was approved. This outcome represents a rare instance in Korea where a shareholder proposal concerning director compensation has been approved at a listed company’s AGM, and is considered a meaningful precedent demonstrating shareholders’ ability to influence corporate compensation frameworks.   


Hannuri has built extensive experience representing domestic and international shareholder activism and engagement funds. In this campaign, Hannuri provided comprehensive legal services across all stages, including target company analysis, shareholder engagement, development of shareholder proposal strategies, proxy solicitation advisory, and on-site AGM support and procedural advisory.   


Following the regulatory developments introduced by the 2025 amendment to the Korean Commercial Code, Hannuri remains committed to delivering leading precedents in corporate governance and capital markets. 




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