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Earlier, the National Pension, the second largest shareholder, also voted against today (27th). There are many observations that the national pension, which has not interfered with corporate management for a long time, will be actively exercising shareholder rights in the future, but the business environment is nervous.

I will tell you this news.

<Reporter>

In July last year, the National Pension Fund decided to introduce stewardship code and actively hold shareholders' rights to block major shareholders and increase shareholder value.

Like the 'deacon', we are trying to protect the old age funds by exercising the rights of the people who are shareholders.

Hanjin Group, the owner of which was surrounded by controversy over illegal activities, became the first target, and eventually the chaebols were removed from their posts.

The National Pension Scheme is putting more emphasis on 'Stewardship Code' by publicizing the direction of voting rights in advance.

[Professor Yoo Jong-il / KDI School of International Policy: It is very common sense that it is important for the national pension fund to keep shareholder value, and when management has neglected and undermined those values, it is too common to express opposition and exercise shareholder rights. .]

At the beginning of this year, there were 293 companies with more than 5% stake in the National Pension, of which more than 10% were found in 80 companies.

Companies that have caused social controversy or are under investigation by the owner are bound to be nervous.

The decision of the National Pension to be released before the shareholders' meeting can have a significant impact on other shareholders.

In the business world, the pension is concerned that it will be used for managerial intervention, and it is the evaluation that the executives who damaged the shareholder value or committed the illegal /

(Image editing: Park Ki-deok)

<Anchor>

Steve Jobs, one of the most revolutionary companies in the world, has been kicked out of his own company because of poor performance before launching the iPhone. In such a foreign country, it is common for a founder of a company or its family to withdraw from a representative through a board decision. We value shareholder interests and corporate value. In Korea, there are many cases in which the company is still responsible for the loss of the company and the company is not responsible for it. However, the results of the Korean Air shareholders' meeting today are a serious warning to those companies.

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