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Get filing alertsWEBTOON shareholders elect three Class II directors, approve executive pay and auditor
Filed June 4, 2026 · Period ending June 3, 2026 · ~1 min read
Key Changes
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Three Class II directors elected to serve until 2029: Namsun Kim (90.4% support), Jun Masuda (89.4%), and Isabelle Winkles (99.8%). Lower support for Kim and Masuda reflects some shareholder withhold votes.
Item 5.07 — Submission of Matters to a Vote of Security Holders verify on EDGAR → -
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Executive compensation approved on advisory basis with 99.96% support (127,064,456 for, 46,916 against), indicating strong shareholder alignment with pay practices.
Item 5.07 — Submission of Matters to a Vote of Security Holders verify on EDGAR → -
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Samil PricewaterhouseCoopers ratified as independent auditor for fiscal 2026 with 99.99% support (128,182,191 for, 5,223 against).
Item 5.07 — Submission of Matters to a Vote of Security Holders verify on EDGAR → -
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Annual meeting achieved 95.2% turnout with 128,189,361 shares represented, demonstrating strong shareholder engagement.
Item 5.07 — Submission of Matters to a Vote of Security Holders verify on EDGAR →
Summary
WEBTOON held its 2026 annual meeting with strong shareholder participation, achieving a 95.2% turnout of voting shares. All three Class II director nominees were elected to serve three-year terms through 2029. While Isabelle Winkles received near-unanimous support at 99.8%, Namsun Kim and Jun Masuda saw lower approval rates of 90.4% and 89.4% respectively, reflecting some shareholder withhold votes.
These results, while comfortably passing, suggest a subset of shareholders had reservations about these two nominees. Shareholders overwhelmingly approved the company's executive compensation practices on an advisory basis with 99.96% support, and ratified Samil PricewaterhouseCoopers as the independent auditor with 99.99% approval. These routine governance matters passed with minimal opposition. For retail investors, this filing confirms continuity in board composition and external audit relationships, with no material governance concerns arising from the annual meeting.
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Figures/quotes linked to EDGAR · Narrative written by AI · Jun 21, 2026 · How we verify