Governance - Committees

Governance

We are committed to responsible management and
transparency in the operations of the Board of Directors.

Committee Composition

We have established four committees under the BOD: the Audit Committee, the Independent Director Nominating Committee, the ESG Committee, and the Compensation Committee.

To enhance the independence of the committees, we have appointed independent directors to constitute all or a majority of the committee members.

Committee Composition Table
Committees Composition Members Intended Purposes
Audit Committee Independent directors only Kim Moon Hyun, Independent Director (Chairperson)
Yoo Hye Leon, Independent Director
Han Sang Man, Independent Director
Chang In Whan, Independent Director		 Audit the financial statements
Select the external auditor(s)
Review and approve audit activities
ESG Committee 1 inside director
2 independent directors		 Song Mi Sun, Inside Director
Han Sang Man, Independent Director (Chairperson)
Yoo Hye Leon, Independent Director		 Drive sustainability in the ESG areas
Enhance shareholder value
Independent Director Nominating Committee 1 inside director
1 nonexecutive director
2 independent directors		 Park Sang Whan, Inside Director
Kim Young Ho, Nonexecutive Director
Kim Moon Hyun, Independent Director
Chang In Whan, Independent Director		 Nominate independent director(s)
Verify independent director nominee(s)
Compensation Committee nonexecutive director
independent directors		 Kim Young Ho, Nonexecutive Director (Chairperson)
Yoo Hye Leon, Independent Director
Chang In Whan, Independent Director		 Enhance transparency and rationality in the remuneration system for directors
Enhance leadership credibility and corporate values

Committee Activities

Audit Committee
Audit Committee Table
Date of Meeting Committee Agenda Approval
Feb. 07, 2023 Audit Committee (Reporting) Report on the Operations of the Internal Accounting Control System in 2022 (Reporting) Report on 2022 Financial Statements - -
Mar. 07, 2023 Audit Committee (Resolution) Audit of the 30th Consolidated and Separate Financial Statements (Resolution) Evaluation of the Report on the Operations of the Internal Accounting Control System (Reporting) Audit Report from External Auditors Approved Approved -
May. 02, 2023 Audit Committee (Resolution) Reporting and Approval for the 2023 Internal Audit Plan (Reporting) Report on the Internal Audit in 2022 (Reporting) Profit and Loss Report for Q1 2023 Approved - -
Aug. 08, 2023 Audit Committee (Reporting) Profit and Loss Report for H1 2023 (Reporting) Report on the 2023 Plan for Design, Operations and Assessment of the Internal Accounting Control System (Reporting) Report on the External Auditors’ Audit Plan - - -
Nov. 07, 2023 Audit Committee (Reporting) Report on Q3 2023 Performance -
ESG Committee
ESG Committee Table
Date of Meeting Committee Agenda Approval
Jun. 07, 2023 ESG Committee (Resolution) Appointment of the ESG Committee Chairperson (Resolution) Approval for the ESG Committee Operating Guidelines (Resolution) Approval for H2 2023 ESG Activities Approved Approved Approved
Oct. 18, 2023 ESG Committee (Reporting) Report on ESG Activities and Assessment Outlook in 2023 (Reporting) Report on the Progress of the Materiality Assessment (Reporting) Report on the 2024 ESG Action Plan - - -
Dec. 05, 2023 ESG Committee (Resolution) Approval for the 2024 ESG Project Plan (Reporting) Report on ESG Activities in 2023 (Reporting) Report on the Results of ESG Activities in 2023 (Reporting) Report on the 2024 ESG Action Plan (Reporting) Report on ESG Committee Meetings in 2024" - - - - -
Independent Director Nominating Committee
Independent Director Nominating Committee Table
Date of Meeting Committee Agenda Approval
Mar. 07, 2023 Independent Director
Nominating Committee 		(Resolution) Nomination of Independent Director Candidates Approved
Compensation Committee
Compensation Committee Table
Date of Meeting Committee Agenda Approval
Mar. 07, 2023 Compensation Committee (Resolution) Deliberation on the Remuneration of Senior Executives (Resolution) Deliberation on the Limits on Director Remuneration in 2023 Approved Approved