“We will enhance future value by accelerating AICT transition and strengthening communication with shareholders.”

KT held its 43rd regular shareholders' meeting at the KT Research and Development Center located in Taebong-ro, Seocho-gu, Seoul on the 31st and presented its future growth strategy and investor-friendly management policy to shareholders.

At this general shareholders' meeting, a total of five major agenda items were passed as originally proposed, including approval of financial statements, partial amendments to the Articles of Incorporation, appointment of directors, appointment of audit committee members, and approval of director compensation limits. In addition, an opportunity was created to significantly strengthen communication with shareholders through the announcement of management strategy and AX business strategy and the introduction of online live broadcasting.

In his opening remarks, KT CEO Kim Young-seop emphasized, “Since declaring its transformation into an AICT company a year ago, KT has laid a solid foundation for innovation and growth. This year, we will complete the full-scale AICT transformation and accelerate the improvement of corporate value through three axes: B2B AX, AI-based CT, and media business innovation.”

CEO Kim Young-seop emphasized the establishment of a time for executives to directly explain strategies at this general shareholders’ meeting, and said, “We will deliver transparent management and a vision for the future to shareholders through changes and investment activation suitable for the new era.”

This week's general meeting Beyond a simple voting procedure, it was an important opportunity to reaffirm the strategic changes and investment expansion that KT has pursued over the past year.

KT has been pursuing transformation into a future ICT platform company through innovation strategies that keep pace with the era of digital transformation, going beyond the traditional telecommunications business, by introducing cutting-edge technologies such as AI, big data, and cloud.

The company is also taking the lead in returning real value to shareholders by consistently implementing investor-friendly management policies, such as stock buybacks.

Additionally, experts predict that the direction of management and AX business strategies presented at this general shareholders' meeting will play a major role in strengthening KT's market competitiveness in the future.

In particular, the 'AX Total Service Provider' strategy is expected to maximize operational efficiency and contribute to the creation of new revenue models by providing customized AI solutions tailored to rapidly changing customer needs.

Meanwhile, according to the 43rd consolidated financial statements approved at this week's general shareholders' meeting, annual sales in 2024 were recorded at KRW 26.4312 trillion, and operating profit was recorded at KRW 809.5 billion.

In addition, the dividend per share for the fourth quarter has been set at 500 won and is scheduled to be paid on April 16, and KT announced that following the completion of the burn of its own shares worth 205.9 billion won last year, it plans to purchase and burn an additional 250 billion won worth of its own shares by August next year.

In addition, the dividend procedure was improved through a partial amendment to the Articles of Incorporation so that the board of directors can decide on the dividend amount and dividend base date within 45 days from the end of the quarter when paying quarterly dividends, thereby enhancing transparency so that investors can predict the dividend size in advance and make investment decisions.

The agenda to change the method of voting on corporate bond issuance was also approved unanimously, and is expected to contribute to financial stability and increased investor confidence.

KT will also reorganize its board of directors at this week’s general shareholders’ meeting.It was maintained.

Considering their expertise and potential for future contributions, Kwak Woo-young (currently a member of the POSCO TJ Park Award Technology Award Selection Committee), Kim Seong-cheol (currently a professor in the Department of Media at Korea University), Lee Seung-hoon (currently a private operating committee member of the Korea Investment Corporation Steering Committee), and Kim Yong-heon (currently a lawyer at Daeryun Aju Law Firm) were reappointed as outside directors, and Kim Seong-cheol, Lee Seung-hoon, and Kim Yong-heon were appointed as members of the Audit Committee.

Lastly, the agenda for approval of the limit on director compensation was also passed as originally proposed, making every effort to ensure management transparency and protect shareholder value.

Another feature of this meeting is the introduction of a strategy presentation session and online live streaming to enhance communication with shareholders.

Starting with this year's regular shareholders' meeting, KT has set aside time for its management to directly explain in detail the 2024 management performance, 2025 management strategy, and AICT transformation plan to shareholders on-site and online.

KT Strategy Office Director Park Hyo-il said, “Based on the management performance in 2024, we will make 2025 the first year of growth to leap forward as an ‘AICT company,’” and announced specific plans to strengthen AICT capabilities, innovate B2B AX business, differentiate B2C based on AI, and enhance shareholder value.