- General meeting of at Pohang HQ to announce this year’s management plan
- Focus on proven and highly differentiated capabilities for stabilized growth against economic downturn

POSCO ICT (President: Son Geon-jae) held its 31st general shareholders’ meeting and the board meeting at its HQ in Pohang, Gyeongsangbuk-do on the 30th of last month.
 
This is the second consecutive year that the company held the meetings at the Pohang HQ to process predetermined agenda such as approval of financial statements and appointment of directors. The stockholders at the meeting allowed President Son Geon-jae to serve another term as Kim Hee-dae, chief of the Management Support Division (executive director), became an internal director, with Jeong Chang-hwa, chief of the Management Support Division (vice president), newly appointed as Other Non-executive Director.
 
In the midst of continued weakening of stock prices due to COVID-19, POSCO ICT is showing a strong sense of responsibility through efforts such as share repurchase by executives including President Son.
 
“Market uncertainties are growing as extended economic contraction appears imminent due to COVID-19. We will secure the foothold for stable and continued growth by actively supporting the core businesses of the group such as steel production and new materials with differentiated EIC and IT technology while focusing on businesses of value and proven with great differentiation in the market,” President Son said.
 
The meetings were held by checking the temperatures of the participants at the entrance of the venue and allowing only those wearing a face mask to enter the venue in order to prevent infection, with the stockholders exercising their voting rights using the e-voting system.