CJ Logistics

Term 111 Regular shareholder’s meeting: status of exercise of voting rights

Item No.1

Approval of Financial Statements

Aye rate : 94.9% Aye: 15,906,543 Nay: 834,462

Item No.2-1

Appointment of Executive Director (Sin Ho Kang)

Aye rate : 98.5% Aye: 16,522,655 Nay: 244,308

Item No.2-2

Appointment of Executive Director(Young Soo Shin)

Aye rate : 98.5% Aye: 16,518,722 Nay: 248,237

Item No.2-3

Appointment of Executive Director(Joon Hyun Kim)

Aye rate : 98.5% Aye: 16,518,722 Nay: 248,237

Item No.2-4

Appointment of non-executive director(Jeong Kap Young)

Aye rate : 99.3% Aye: 16,652,183 Nay: 114,776

Item No.2-5

Appointment of non-executive director(Song Young Seung)

Aye rate : 99.4% Aye: 16,666,382 Nay: 100,573

Item No.2-6

Appointment of non-executive director(Jong Yong Yim)

Aye rate : 99.7% Aye: 16,723,038 Nay: 43,921

Item No.3-1

Appointment of audit committee member(Jeong Kap Young, non-executive director)

Aye rate : 98.2% Aye: 5,449,720 Nay: 98,027

Item No.3-2

Appointment of audit committee member(Song Young Seung, non-executive director)

Aye rate : 98.5% Aye: 5,463,258 Nay: 84,476

Item No.3-3

Appointment of audit committee member(Yim Jong Yong, non-executive director)

Aye rate : 99.2% Aye: 5,504,765 Nay: 42,982

Item No.4

Appointment of audit committee member(Yeo Mee Sok, non-executive director)

Aye rate : 99.7% Aye: 5,530,837 Nay: 16,910

Item No.5

Approval of remuneration limit for directors

Aye rate : 99.9% Aye: 16,757,216 Nay: 8,995

Dividend Notice

The Company did not payout dividends until 2019 since there were no profit available to dividend. Profit available to dividend was generated in 2020. However it was generated from the sale of some treasury stocks not improvement of operating performance and cash flow. Therefore, we did not pay dividends for the 111th(2020) business year since we believe that the company's continued growth is positive for enhancing shareholder value through strategic investment to strengthen competitiveness of core businesses and secure future growth engines. We are planning to pay dividend When tangible investment results are realized in recent future, considering business performance, cash flow, financial structure and dividend stability.