Corporate Governance

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BoD impartiality and transparency

'The company's BoD is the highest permanent decision-making body and is primarily comprised of outside directors.
In order to increase transparency and independence, the majority of our BoD consists of independent members.

Among the committees within the BoD, the Audit Committee is comprised entirely of outside directors.
The Outside Director Candidate Recommendation Committee is comprised mostly of outside directors and appoints
outside directors as representative members so as to increase independence and transparency.

BoD Activities

Meeting Date convened Agenda items Approval # of outside directors present
6th Oct. 27, 2023
  1. 1. Approval of transactions between directors and the company and large internal transactions
 Approved 5/5
  1. 1. Report on major management activities and financial statements
  2. 2. Report on ESG management promotion committee activities
  3. 3. Report on the resolutions of the management committee for the 3rd quarter of 2023
 -
5th Jul. 28, 2023
  1. 1. Approval of transactions between directors and the company and large internal transactions
 Approved 5/5
  1. 1. Report on major management activities and financial statements
  2. 2. Report on ESG management promotion committee activities
  3. 3. Report on the operational status and evaluation of the internal accounting management system for the first half of 2023
  4. 4. Report on resolutions of the management committee and management meeting for the 2nd quarter of 2023
 -
4th Apr. 28, 2023
  1. 1. Report on major management activities and financial statements
  2. 2. Report on ESG management promotion committee activities
  3. 3. Report on resolutions of the management committee for the 1st quarter of 2023
 - 5/5
3rd Mar. 18, 2023
  1. 1. Appointment of CEO
  2. 2. Appointment of management committee members
 Approved 5/5
2nd Feb. 23, 2023
  1. 1. Approval of changes in financial statements
  2. 2. Approval of transactions between directors and the company and large internal transactions
  3. 3. Recommendation of inside director candidates
  4. 4. Decision on the date, place, and agenda of the 5th Annual General Meeting of Shareholders
 Approved 4/4
  1. 1. Report on the evaluation of the operational status of the internal accounting management system
 -
1st Jan. 31, 2023
  1. 1. Approval of financial statements
  2. 2. Approval of business report
  3. 3. Approval of the safety and health plan for 2023
 Approved 4/4
  1. 1. Report on ESG management promotion committee activities
  2. 2. Report on resolutions of the management committee for the 4th quarter of 2022
  3. 3. Report on compliance support activities
  4. 4. Report on the operational status of the internal accounting management system
 -
Meeting Date convened Agenda items Approval # of outside directors present
6th Oct. 28, 2022
  1. 1. Approval of transactions between the Company and directors and large-scale internal transactions
  2. 2. Report on the most significant management activities and financial statements for Q3 2022
  3. 3. Report on the ESG Management Promotion Committee activities
  4. 4. Report on the Management Committee's resolution report for Q3 2022
 Approved 4/4
5th Jul. 29, 2022
  1. 1. Report on the most significant management activities and financial statements
  2. 2. Report on the ESG Management Promotion Committee activities
  3. 3. Report on the operation and evaluation of the internal control accounting systems for the first half of 2022
  4. 4. Management Committee's resolution report for Q2 2022
 - 4/4
4th Apr. 29, 2022
  1. 1. Approval of transactions between the Company and directors
  2. 2. Approval of large-scale internal transactions
  3. 3. Report on the most significant management activities and financial statements
  4. 4. Report on the ESG Management Promotion Committee activities
  5. 5. Management Committee's resolution report for Q1 2022
 Approved 4/4
3rd Mar. 19, 2022
  1. 1. Appointment of the BoD chairman
  2. 2. Appointment of the CEO
  3. 3. Appointment of members of the Outside Director Candidate Recommendation Committee
  4. 4. Appointment of Management Committee members
Approved 4/4
2nd Feb. 24, 2022
  1. 1. Appointment of the BoD chairman
  2. 2. Installation of Anyang Plant branch
  3. 3. Approval of transactions with majority shareholders
  4. 4. Recommendation of inside director candidates
  5. 5. Determination of the date, location, and purpose of the 4th annual general meeting
  6. 6. Report on the operation and evaluation of the internal control accounting systems
Approved 3/3
1st Jan. 26, 2022
  1. 1. Approval of financial statements for the year 2021
  2. 2. Approval of business report
  3. 3. Approval of large-scale internal transactions
  4. 4. Approval of transactions between the Company and directors
  5. 5. Approval of the safety and health plan for 2022
  6. 6. Report on ESG Management Promotion Committee activities
  7. 7. Management Committee's resolution report for Q4 2020
  8. 8. Report on the results of compliance support activities
  9. 9. Report on the internal control accounting system operations
 Approved 3/3
Meeting Date convened Agenda items Approval # of outside directors present
6th Oct. 29, 2021
  1. 1. Approval of transactions between and Company and directors and large-scale internal transactions
  2. 2. Report on the most significant management activities and financial statements for Q3 2021
  3. 3. Report on the ESG Management Promotion Committee activities
  4. 4. Management Committee's resolution report for Q3 2021
Approved 3/3
5th Jul. 30, 2021
  1. 1. Approval of transactions between the Company and directors
  2. 2. Approval of changes in large-scale internal transactions
  3. 3. Report on the most significant management activities and financial statements for Q2 2021
  4. 4. Report on the operation and evaluation of the internal control accounting systems for the first half of 2021
  5. 5. Establishment of the ESG Management Promotion Committee
  6. 6. Management Committee's resolution report for Q2 2021
 Approved 3/3
4th Apr. 30, 2021
  1. 1. Approval of transactions between the Company and directors
  2. 2. Report on the most significant management activities and financial statements for Q1 2021
  3. 3. Management Committee's resolution report for Q1 2021
 Approved 3/3
3rd Mar. 20, 2021
  1. 1. Appointment of the CEO
  2. 2. Appointment of Management Committee members
Approved 3/3
2nd Feb. 24, 2021
  1. 1. Approval of transactions between the Company and directors
  2. 2. Approval of changes in large-scale internal transactions
  3. 3. Determination of the date, location, and purpose of the 3rd annual general meeting
  4. 4. Report on the evaluation of the internal control accounting systems operations
 Approved 3/3
1st Jan. 29, 2021
  1. 1. Approval of financial statements for the year 2020
  2. 2. Approval of business report
  3. 3. Approval of large-scale internal transactions
  4. 4. Approval of transactions between the Company and directors
  5. 5. Approval of the safety and health plan for 2021
  6. 6. Management Committee's resolution report for Q4 2020
  7. 7. Report on the results of compliance support activities
  8. 8. Report on the internal control accounting system operations
 Approved 3/3