Aedbiotech Appoints Four New Board Members to Promote Business Diversification

Aedbiotech (179530) has appointed four new board members and has established a management foundation for business diversification and expansion into overseas markets. At the shareholders' meeting on the 11th, the proposal to appoint two internal directors and two independent directors was approved as originally proposed. The newly appointed members are internal directors Hwang Man-hwa and Ahn Man-soo, and independent directors Lim Tae-hyuk and Jang Gi-ho. This board restructuring focuses on enhancing expertise in investment, global management, legal affairs, and pharmaceuticals. Internal director Hwang Man-hwa previously served as the head of strategic planning at Paratek and as the CEO of TSI Investment, and he is expected to play a role in establishing mid-to-long-term growth strategies, attracting investments, and improving management efficiency. Internal director Ahn Man-soo has held positions as the head of Oseong LST, the head of the Dasan Vietnam branch, and the CEO of Korea Topron, and he plans to contribute to expanding global business and networks. Independent director Lim Tae-hyuk is currently a partner lawyer at Yujun Law Firm and will be responsible for legal risk management and strengthening compliance management systems. Independent director Jang Gi-ho has worked as a researcher at Hanin Pharmaceutical and is currently the representative of Jeongmun University Pharmacy, and is expected to provide expertise in bio and pharmaceutical research and development. Aedbiotech's main business involves the manufacture and sale of veterinary medicines and health functional foods utilizing biotechnology.

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