According to the announcement from Orbusneich (06929) on the Smart Finance app, in view of the latest revision on the rules related to treasury shares, effective from June 11, 2024, the board of directors proposes to revoke the general authorization granted to directors at the annual general meeting of shareholders held on June 6, 2024, and seek shareholders' approval at the upcoming special general meeting of shareholders to grant new general authorization to the directors. At the special general meeting of shareholders, a resolution will be presented for consideration by shareholders to revoke the existing general authorization and to grant new general authorization to the directors. The board of directors believes that revoking the existing general authorization and granting new general authorization will provide the company with flexibility to repurchase shares and hold the repurchased shares as treasury shares for further issuance, sale, and/or transfer (including granting any share purchase rights or share incentives under any share schemes of the company).