Align Partners Issues Formal Shareholder Proposals to Dentium

This section is Partnership Content suppliedThe content in this section is supplied by Business Wire for the purposes of distributing press releases on behalf of its clients. Postmedia has not reviewed the content. by Business Wire Article contentSEOUL, South Korea — Align Partners Capital Management Inc. (“Align Partners”), a shareholder of Dentium Co., Ltd. (“Dentium” or the “Company”), has submitted formal shareholder proposals for inclusion in the agenda of Dentium’s upcoming 26th Annual General Meeting (“AGM”), urging the Company to strengthen governance practices and improve capital allocation discipline.Sign In or Create an AccountEmail AddressContinueor View more offersArticle contentAlign Partners noted that, given shareholder proposals will be presented at this year’s AGM, Dentium should follow the Korea Exchange (KRX) Corporate Governance Key Indicators by publishing the AGM convocation notice at least four weeks prior to the meeting date and adopting an electronic voting system to enhance shareholder participation.Article contentWe apologize, but this video has failed to load.Try refreshing your browser, ortap here to see other videos from our team.Article contentArticle contentDentium is widely recognized as a global leader in the dental implant industry, supported by superior technology and more than 23 years of long-term clinical data. Despite this strong positioning, Align Partners believes the Company continues to trade at a meaningful discount. As of February 11, 2026, Dentium traded at an LTM EV/EBITDA multiple of 6.6x and a PBR of 0.77x, compared to global peer averages of 14.0x and 3.13x, respectively. Align Partners views this valuation gap as structural rather than purely cyclical.Article contentTop StoriesGet the latest headlines, breaking news and columns.There was an error, please provide a valid email address.Sign UpBy signing up you consent to receive the above newsletter from Postmedia Network Inc.Thanks for signing up!A welcome email is on its way. If you don't see it, please check your junk folder.The next issue of Top Stories will soon be in your inbox.We encountered an issue signing you up. Please try againInterested in more newsletters? Browse here.Article contentAlign Partners believes market confidence has been weakened by governance concerns, including related-party transactions involving affiliates linked to the controlling shareholder and limited independent Board oversight. In addition, Align Partners raised concerns regarding insufficient disclosure around investments in a hydrogen fuel cell business, where synergies with the Company’s core implant operations remain unclear.Article contentSince its initial investment, Align Partners has engaged with Dentium through private letters and meetings with management and the Board. While certain measures have been acknowledged, Align Partners concluded that progress on fundamental governance and capital allocation issues remains insufficient. Accordingly, Align Partners has decided to proceed with formal shareholder proposals for the AGM.Article contentAlign Partners submitted the following proposals for shareholder vote:Article contentIncrease the ratio of independent directorsRequire the Audit Committee to be composed entirely of independent directorsMandate an independent Chair of the BoardExpand separately elected Audit Committee members from one to twoEstablish Related Party Transactions and Compensation & Evaluation Committees composed entirely of independent directorsElect two independent director candidates: Moo-Young Yoon and Yoon-Hong KimApprove director compensation limits and performance-based pay caps(Advisory proposal) Recommend enhanced disclosure of executive compensation frameworksArticle contentAlign Partners stated that these proposals are intended to strengthen Board independence, improve transparency, and restore investor confidence in Dentium’s long-term strategic direction.Article contentFor additional details, please visit www.alignpartnerscap.com.Article contentAboutArticle contentAlign Partners Capital Management Inc. is an investment company focused on Korea. Led by CEO Changhwan Lee, Align Partners leverages expertise in private equity and investment banking to engage with portfolio companies to address governance inefficiencies and the “Korea discount.”https://www.alignpartnerscap.com/en/Article contentArticle contentArticle contentView source version on businesswire.com: Article content https://www.businesswire.com/news/home/20260212695463/en/Article contentArticle contentContactsArticle contentAlign Partners Hyung Chan Kim dentium_valueup@alignpartnerscap.com +82-2-6956-8033Article content#distroArticle contentTrending Trump rebuked as U.S. House votes against some tariffs on Canada Economy BlackBerry cofounder Michael Lazaridis invests in Vancouver-based AI startup Innovation Bank of Canada says next rate move 'unusually difficult' to predict amid trade and geopolitical tensions Economy Trump privately weighs quitting CUSMA trade deal he negotiated Economy Subscriber only. 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