Board of Directors
Composition of the Board of Directors
Articles of Incorporation| Position (standing/ non-standing) |
Name | Date of Appointment |
End Date |
Term (years) |
Duties | Liability Insurance Coverage |
|---|---|---|---|---|---|---|
| CEO | LEE SANG KYUN | 2024.03 | 2026.03 | 2 | CEO / Chair of the Board | O |
| CEO | NOH JIN YUL | 2024.03 | 2026.03 | 2 | President & CEO | O |
| Director (non-standing) |
SHIN DONG MOK | 2024.03 | 2027.03 | 3 | Outside Director & Member of Audit Committee |
O |
| Director (non-standing) |
CHAE JOON | 2023.03 | 2026.03 | 3 | Outside Director & Member of Audit Committee |
O |
| Director (non-standing) |
PARK HYUN JUNG | 2025.03 | 2028.03 | 3 | Outside Director & Member of Audit Committee |
O |
Composition of the Board Expertise
| Type | LEE SANG KYUN Inside Directors |
NOH JIN YUL Inside Directors |
SHIN DONG MOK Outside Directors |
CHAE JOON Outside Directors |
PARK HYUN JUNG Outside Directors |
|---|---|---|---|---|---|
| Leadership | ● | ● | ● | ● | ● |
| CEO Experience | ● | ● | |||
| Risk Management | ● | ● | ● | ● | ● |
| Finance/Accounting | ● | ||||
| Legal/Regulation | ● | ||||
| Industry Experience ⑴ | ● | ● | ● | ||
| Year of Appointment | 2021 | 2024 | 2024 | 2020 | 2022 |
| Gender | Male | Male | Male | Male | Female |
- Directors with relevant management, academic, or research experience within the same industry
- Provision of external expertise support for Outside Directors as needed
(Article 10 of the Board Regulations) and provision of non-mandatory Education
Committees in the Board of Directors
1. Status of establishment and composition of committees in the Board of Directors
| Committee Name |
Composition | Main functions | Remarks | |
|---|---|---|---|---|
| Inside Directors |
Outside Directors |
|||
| Related Party Transactions Committee |
1 | 3 | Establishing basic policies on transactions (internal transactions) between the company and its affiliates and conducting operational checks on the criteria for selecting transaction counterparts |
LEE SANG KYUN, CHAE JOON, PARK HYUN JUNG(Chairman), SHIN DONG MOK |
| ESG Committee | 1 | 3 | Deciding on the company's ESG (Environmental, Social, and Governance) strategy direction, plans, and implementation - related matters | NOH JIN YUL, CHAE JOON, PARK HYUN JUNG, SHIN DONG MOK(Chairman) |
| Outside Director Recommendation Committee | 1 | 3 | Performing functions to recommend candidates for external directors to be appointed at the shareholders' meeting | LEE SANG KYUN, CHAE JOON, PARK HYUN JUNG, SHIN DONG MOK(Chairman) |
| Audit Committee |
- | 3 | Establishing basic policies on internal transactions of the company and conducting operational checks on the criteria for determining transaction counterparts | CHAE JOON(Chairman), PARK HYUN JUNG, SHIN DONG MOK |
| Compensation Committee |
- | 3 | Ensure objectivity and transparency in the process of determining compensation for directors and executives | CHAE JOON, PARK HYUN JUNG(Chairman), SHIN DONG MOK |
- The Audit Committee and Outside Director Candidate Nomination Committee have been excluded in accordance with the Standards on the Completion of Corporate Disclosure Forms.
- The Remuneration Committee was newly established at the 2nd meeting of the Board held on February 6, 2024.
- Lee Sang Kyun was appointed to the Internal Transactions Committee, Noh Jin Yul to the ESG Committee, and Shin Dong Mok to the Internal Transactions Committee, ESG Committee (Chairperson), and Remuneration Committee at the 4th meeting of the Board held on March 26, 2024.
※ Board Evaluation
The board conducts annual evaluations of the board and its committees, as well as the activities of external directors. These evaluations are conducted through self-assessment, involving participation from all board members.
- a. Key Evaluation Criteria
- Evaluation of the Board/Committees: Role and responsibilities of the board, composition and independence of the board, board operations, etc.
- Evaluation of External Director Activities: Engagement level, experience and knowledge, contribution to board operations, enhancement of board responsibilities.
- b. Utilization of Evaluation Results
The evaluation results are utilized as reference material for improving board operations and the activities of external directors in the following year.