Anjoy Foods to abolish board of supervisors, transfer duties to audit committee

Anjoy Foods announced the abolition of its Board of Supervisors, effective upon shareholder approval. Its functions will be transferred to the Audit Committee of the Board of Directors. The company's Articles of Association and various governance policies will be revised to reflect this change, ensuring compliance with relevant laws and regulations. These revisions were approved at meetings on November 10, 2025.

Key amendments to the Articles of Association include updating the company's legal representative responsibilities, revising capital increase methods, and detailing the duties of the Audit Committee. Furthermore, a comprehensive review and update of various internal governance documents, such as the Shareholder Meeting Rules, Board of Directors Meeting Rules, and Independent Director Work Rules, have been approved. These changes will be submitted for shareholder approval.

The board of directors also approved calling the first extraordinary general meeting of 2025 on November 28, 2025, to seek shareholder endorsement for these significant governance restructuring initiatives.