Amorepacific

Corporate Governance

Details of Shareholders General Meeting

16th Annual General Meeting

Call for Convocation
23 February 2022
Notification Date
23 February 2022
Method of Notification to Shareholders on Shareholders General Meeting
- Written notifications are sent to each shareholder two (2) weeks before the date of the Shareholders General Meeting, including the date, location, and the purpose of the meeting
- Notification of convocation to shareholders who hold less than one hundredth of the total number of issued shares with voting rights shall be provided through Data Analysis, Retrieval and Transfer System (DART) of the Financial Supervisory Service or Korea Exchange
Date of the Meeting
9am. March 24, 2022
Whether the date of the meeting falls during the period when other general shareholders’ meetings are concentrated
N/A
Location
Amore Hall, 3F, Amorepacific Headquarters, 100, Hangang-daero, Yongsan-gu, Seoul
Number of Voting Rights in Attendance
48,089,359 shares
Matters for Report and Resolution
<Matters for Report>
- Audit Report
- Business Report
- Management Status of Internal Accounting Control System
<Matters for Resolution>
- Agenda No. 1 Approval of the 16th Financial Statement
  (statement of appropriation of retained earnings included)
  and Consolidated Financial Statement
  (in favor) 96.9%, (against) 3.1% Approved
- Agenda No. 2 Partial amendment to Articles of Incorporation
  (in favor) 100.0% (against) 0.0% Approved
- Agenda No. 3 Appointment of inside directors
- - Agenda No. 3-1 Appointment of independent director Lee Hwi-seong
    (in favor) 99.1% (against) 0.9% Approved
  - Agenda No. 3-2 Appointment of independent director Kim Jong-dae
    (in favor) 99.9% (against) 0.1% Approved
  - Agenda No. 3-3 Appointment of independent director Ahn Hee-joon
    (in favor) 99.9% (against) 0.1% Approved
  - Agenda No. 3-4 Appointment of independent director Choe In-a
    (in favor) 99.9% (against) 0.1% Approved
  - Agenda No. 3-5 Appointment of executive director Lee Sang-mok
    (in favor) 99.8% (against) 0.2% Approved
- Agenda No. 4 Appointment of auditors to the Audit Committee
- - Agenda No. 4-1 Appointment of auditor Lee Hwi-seong
    (in favor) 98.1% (against) 1.9% Approved
  - Agenda No. 4-2 Appointment of auditor Ahn Hee-joon
    (in favor) 99.8% (against) 0.2% Approved
- Agenda No. 5 Approval of amendment to Executive Retirement Provisions Policy
  (in favor) 99.9% (against) 0.1% Approved
- Agenda No. 6 Approval of maximum remuneration for directors
  (in favor) 92.7% (against) 7.3% Approved

15th Annual General Meeting

Call for Convocation
24 February 2021
Notification Date
24 February 2021
Method of Notification to Shareholders on Shareholders General Meeting
- In convening a general shareholders’ meeting, a notice of the time, date, place, and agenda of the meeting, shall be sent in writing to each shareholder two (2) weeks prior to the date of the meeting.
- The meeting notice to shareholders holding not more than 1/100 of the total number of issued and outstanding shares with voting rights shall be made through a disclosure at Data Analysis, Retrieval and Transfer System operated by Financial Supervisory Service or the Korea Stock Exchange.
Date of the Meeting
9am. March 19, 2021
Whether the date of the meeting falls during the period when other general shareholders’ meetings are concentrated
N/A
Location
Main Hall, 3F of Amorepacific Headquarters at 100 Hangang-daero, Yongsan-gu, Seoul
Number of Voting Rights in Attendance
46,806,366 shares
Matters for Report and Resolution
<Matters for Report>
- Audit Report
- Business Report
- Report on operation of the Internal Accounting Control System
<Matters for Resolution>
- Agenda No. 1 Approval of the 15th financial statements
  (including the statement of appropriation of retained earnings)
  and consolidated financial statements
  (in favor) 96.5%, (against) 3.5% Approved
- Agenda No. 2 Changes to the Articles of Incorporation
  (in favor) 100.0% (against) 0.0% Approved
- Agenda No. 3 Appointment of inside directors
- - Agenda No. 3-1 Appointment of Suh Kyung-bae as an inside director
    (in favor) 88.5% (against) 11.5% Approved
  - Agenda No. 3-2 Appointment of Ahn Sae-hong as an inside director
    (in favor) 94.4% (against) 5.6% Approved
  - Agenda No. 3-3 Appointment of Lee Dong Soon as an inside director
    (in favor) 99.2% (against) 0.8% Approved
- Agenda No. 4 Appointment of an outside director who becomes the member of the Audit Committee
  Appointment of Jo Seong Jin as an outside director who becomes the member of the Audit Committee
  (in favor) 99.5% (against) 0.5% Approved
- Agenda No. 5 Amendment of Executive Severance Pay Rules
  (in favor) 88.3% (against) 11.7% Approved
- Agenda No. 6 Approval of the limit on director remuneration
  (in favor) 99.9% (against) 0.1% Approved

14th Annual General Meeting

Call for Convocation
4 March 2020
Notification Date
4 March 2020
Method of Notification to Shareholders on Shareholders General Meeting
- Written notifications to each shareholder two (2) weeks before the date of the Shareholders General Meeting,
  including the date, location and the purpose of the meeting
- Notification of convocation to shareholders who hold less than one hundredth of the total number of issued shares with voting rights shall be provided via the Data Analysis,
  Retrieval and Transfer System (DART) of the Financial Supervisory Service or Korea Exchange
Date of the Meeting
9am. on Friday, March 20, 2020
Location
Main Hall, 3F of Amorepacific Headquarters at 100 Hangang-daero, Yongsan-gu, Seoul
Number of Voting Rights in Attendance
46,806,366 shares
Matters for Report and Resolution
<Matters for Report>
- Audit Report
- Business Report
- Report on the Status of Internal Accounting Control System
<Matters for Resolution>
- Agenda No. 1 Approval of the 14th Financial Statement
  (statement of appropriation of retained earnings included)
  and Consolidated Statement Approved
- Agenda No. 2 Appointment of independent director (candidate: Cha Sang-kyun) Approved
- Agenda No. 3 Approval of maximum remuneration for directors Approved

※ Shareholders’ Right to Make Proposals

Pursuant to Article 363-2 and Article 542-6 of the Commercial Act of Korea, shareholders who own 3% of the total number of issued shares with voting rights or more than 1% from six (6) months before the annual shareholders meeting can make proposals of certain matters to be discussed at the shareholders meeting, in written or electronic form, six (6) weeks before the annual shareholders meeting for the previous year.

The Board of Directors shall accept proposals as agendas for the shareholders meeting, excluding proposals that violate laws and regulations or Articles of Incorporation or matters that fall under any of the grounds for refusal defined in Article 12 of the Enforcement Decree of the Commercial Act. In the case of proposals made by shareholders, the main points of the agenda shall be included in the Convocation Notice or be given an opportunity to present at the shareholders meeting.

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