Notice of Convocation of the Annual General Meeting of Shareholders (22nd)(2022.03)

Notice of Convocation of the Annual General Meeting of Shareholders (22nd)

We extend our sincere wishes for your continued prosperity and well-being.

Pursuant to Article 354 of the Korean Commercial Act and Article 20 of the Articles of Incorporation of the Company, Emro Inc. hereby convenes the Annual General Meeting of Shareholders as follows:

– Details –

1. Date and Time : March 25, 2022 (Friday), 9:00 a.m.

2. Venue : Conference Hall, Korea Energy Engineers Association (B1) Dangsan SK V1 Center, 11, Dangsan-ro 41-gil, Yeongdeungpo-gu, Seoul

3. Agenda :
[Matters to Report]
  1) Audit Report
  2) Business Report
  3)Report on the Operation of the Internal Accounting Control System

[Matters for Resolution]
Agenda Item 1: Approval of Financial Statements
Agenda Item 2: Approval of Director Remuneration Limit
  Agenda Item 2-1: Approval of Remuneration Limit for Inside Directors
  Agenda Item 2-2: Approval of Remuneration Limit for Outside Directors
Agenda Item 3: Approval of Auditor Remuneration Limit
Agenda Item 4: Grant of Stock Options
Agenda Item 5: Reappointment of Auditor
Agenda Item 6: Reappointment of Inside Directors
   Agenda Item 6-1: Reappointment of Inside Director Kim Seung-rok
　Agenda Item 6-2: Reappointment of Inside Director Bae Hyuk-soon

4. Matters on Exercise of Voting Rights by Beneficial Shareholders
Pursuant to the proviso of Article 314(5) of the Financial Investment Services and Capital Markets Act, the Korea Securities Depository (KSD) shall not exercise voting rights on behalf of beneficial shareholders for this Annual General Meeting.
Accordingly, shareholders do not need to notify KSD of their intention to exercise voting rights.
Shareholders may exercise their rights by : attending the meeting in person, or granting a proxy to exercise voting rights on their behalf.

5. Electronic Voting and Electronic Proxy Solicitation
The Company has resolved to adopt electronic voting pursuant to Article 368-4 of the Korean Commercial Act and electronic proxy solicitation pursuant to Article 160-5 of the Enforcement Decree of the Financial Investment Services and Capital Markets Act, and has entrusted KSD with the management of these systems. Shareholders may exercise their voting rights electronically or grant electronic proxies as follows:

a. Electronic Voting / Proxy System
- Website : http://evote.ksd.or.kr
- Mobile: http://evote.ksd.or.kr/m

b. Voting / Proxy Submission Period
- March 15, 2022, 9:00 a.m. – March 24, 2022, 5:00 p.m.
- Available 24 hours during the period

c. Identification and Voting Process
- Shareholders may log in using authorized certificates and submit electronic votes or electronic proxies. (Accepted certificates: Joint Certificates and approved private certificates available in K-VOTE system)

d. Handling of Amendments
- If an amendment to an agenda item is proposed at the meeting, electronic votes will be treated as abstentions.

6. Required Documents for Attendance
For shareholders attending in person : Valid identification (Resident Registration Card, Driver’s License, Passport, etc.)
For proxy attendance : Power of Attorney (including personal information of shareholder and proxy with seal affixed) Certificate of Seal Impression Proxy's identification

7. Additional Information
All attendees must wear masks to prevent the spread of COVID-19. Entry may be restricted for attendees not wearing a mask.
No shareholder souvenirs will be provided in order to reduce company expenses.

March 7, 2022
Emro Inc.
CEO Song Jae-min
(Seal omitted)