Pulmuone Hosts 2026 Open Shareholders’ Meeting, Pledges to Leap Forward as the 'Global No.1 Wholesome Food & Sustainable Lifestyle Leading Company' Through AX Innovation and New Growth Businesses

◦ Pulmuone held 19th Open Shareholders’ Meeting on March 31 at Korea Science and Technology Convention Center, Seoul

◦ General CEO Woo-bong Lee shares last year's business performance and vision as a global leading Wholesome Food & Sustainable Lifestyle company during the business report

◦ Open Forum featured thematic presentations by management and a Q&A session, facilitating an interactive, shareholder-participatory meeting

▲ Chairman of the Board for Pulmuone Hyo-yul Lee declares the meeting open at the "2026 Pulmuone Open Shareholders' Meeting" held on the 31st at the Korea Science and Technology Convention Center in Gangnam-gu, Seoul.

SEOUL – March 31, 2026 – Pulmuone convened its "2026 Open Shareholders’ Meeting" on March 31 at the Korea Science and Technology Convention Center in Gangnam, Seoul. Attended by shareholders and employees, the company expressed its strong commitment to leap forward as the global No.1 Wholesome Food & Sustainable Lifestyle leading company by securing new growth engines and driving AX (AI Transformation) innovation.

Under the overarching theme of "ONE," symbolizing the unity between the company and its shareholders, the event was designed as a communication platform for management and shareholders. The discussions centered on Pulmuone's consistent values and philosophy (Only ONE), its achievements as a leading Wholesome Food & Sustainable Lifestyle company (Number ONE), and its future strategies through AX innovation and new growth businesses (Next ONE). The meeting was conducted with both in-person attendance and real-time online broadcasting. To accommodate shareholders wishing to attend online, Pulmuone operated an electronic voting system in advance so they could exercise their voting rights.

In his welcoming address, Chairman of the Board for Pulmuone Hyo-yul Lee stated, “Pulmuone realizes board-centered management and has consistently maintained responsible oversight and transparent decision-making by the Board of Directors for the company's growth and the enhancement of shareholder value.” He added, "Moving forward, the Board will further strengthen shareholder-friendly policies and create sustainable corporate value to meet the expectations and repay the trust of our shareholders, enabling Pulmuone to grow into a 'world-leading wholesome food & sustainable lifestyle company' and a 'global leader in ESG management'."

Through the business report, General CEO Woo-bong Lee stated, "Last year, marking the first year of our second-generation professional management system, Pulmuone achieved meaningful results of KRW 3.3802 trillion in total sales and KRW 93.2 billion in operating profit despite the global economic downturn and uncertainty, reaffirming our robust business competitiveness." He emphasized, "We will leap forward to the next level as the global No.1 Wholesome Food & Sustainable Lifestyle Company leading the K-food industry by creating sustainable growth momentum toward a new future through an organizational culture based on AX innovation and an entrepreneurial mindset."

▲ At the "2026 Pulmuone Open Shareholders' Meeting" held on the 31st at the Korea Science and Technology Convention Center in Gangnam-gu, Seoul, Pulmuone General CEO Woo-bong Lee explains the company’s overall business performance of the previous year through the business report.

During the first part of the shareholders' meeting, reports were presented on shareholder attendance and shares, the audit, business operations, and the internal accounting control system. A total of six agenda items were reviewed and approved, including the approval of the 42nd financial statements, partial amendments to the Articles of Incorporation, appointment of directors, appointment of an outside director to the audit committee, appointment of an audit committee member, and approval of director compensation limits. Through the partial amendment to the Articles of Incorporation, Pulmuone changed the title of 'outside director' to 'independent director' and increased the mandatory ratio of independent directors from one-fourth to one-third of the total number of directors. Additionally, through the appointment of directors, Young-hoon Chun, CEO of Pulmuone Foods, was appointed as an inside director, while Kang-seok Ryu and So-jung Kim were newly appointed as independent directors.

The second half of the event was dedicated to Pulmuone’s signature "Open Forum," conducted in a talk show format. Hosted by announcer Soo-jin Oh, the Open Forum centered around the three themes of Only ONE, Number ONE, and Next ONE. Prior to the discussion on each theme, short bridge videos highlighting Pulmuone's corporate values, business achievements, and vision were shown to enhance shareholders' understanding.

▲ At the "2026 Pulmuone Open Shareholders' Meeting" held on the 31st at the Korea Science and Technology Convention Center in Gangnam-gu, Seoul, Chairman of the Board Hyo-yul Lee (center) and General CEO Woo-bong Lee (right) answer questions from shareholders during the open forum.

▲ A panoramic view of the "2026 Pulmuone Open Shareholders' Meeting" held on the 31st at the Korea Science and Technology Convention Center in Gangnam-gu, Seoul. Pulmuone conducted the meeting in an open forum format where shareholders and management openly communicate.

Various participatory programs where attendees could experience the 'ONE' theme were operated at the venue. Notably, at the 'One Pick Lounge' installed in the event hall lobby, an interactive event was held where shareholders could vote in advance for their most interested topic among Only ONE, Number ONE, and Next ONE, highlighting the core purpose of the Open Shareholders' Meeting as a platform for active communication.

Meanwhile, Pulmuone has been holding the 'Open Shareholders' Meeting' since 2008, marking a departure from the conventional, standardized shareholder meeting culture. It is evaluated as having created Pulmuone's unique new shareholder meeting culture by benchmarking the Berkshire Hathaway shareholders' meeting of Warren Buffett, the world-renowned American investor. By empowering shareholders as the true owners and creating a venue for genuine communication, Pulmuone has been pioneering the transformation of the shareholder meeting culture.

▲ At the "2026 Pulmuone Open Shareholders' Meeting" held on the 31st at the Korea Science and Technology Convention Center in Gangnam-gu, Seoul, shareholders participate in a pre-event at the 'One Pick Lounge' prepared in the event hall lobby, selecting their most interested discussion topic.