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Amorepacific Group

Corporate Governance

Audit Committee

title
Audit Committee
(total of 3 members)
Chairperson Choe Jong-hak The Committee is to audit the accounting and activities of the company in accordance with laws and regulations, Articles of Incorporation or Board of Directors Policy, and implement duties delegated by the Board of Directors.
Members Kim Eon-soo
Members Kim Young-sun
title
Audit Committee
(total of 3 members)
Chairperson Choe Jong-hak
Members Kim Eon-soo
Members Kim Young-sun
The Committee is to audit the accounting and activities of the company in accordance with laws and regulations, Articles of Incorporation or Board of Directors Policy, and implement duties delegated by the Board of Directors.

Status of 2020

Audit Committee Meeting
title
1st Audit Committee Meeting (5 February 2020)
Matters for Report Internal accounting manager’s report on the management of Internal Accounting Control System
Report on the review of issuing price of convertible preferred stock offerings in raising capital
Report by outside auditor
Report by internal audit department
Participants Attendance - - - - - -
Choe Jeong-il Present - - - - - -
Shin Dong-yeop Present - - - - - -
Choe Jong-hak Present - - - - - -
title
2nd Audit Committee Meeting (4 March 2020)
Matters for Report Submission of Assessment of the Management of Internal Accounting Control System
Submission of Audit Committee’s Audit Report
Submission of Audit Committee’s Written Opinion on Internal Audit Controls
Matters for Resolution
(1 item)
Agenda No. 1 : Approval of the changes to the 61st (Year 2019) Consolidated Financial Statement
Participants Attendance No. 1 - - - - -
Choe Jeong-il Present Approve - - - - -
Shin Dong-yeop Present Approve - - - - -
Choe Jong-hak Present Approve - - - - -
Result Approved
title
3rd Audit Committee Meeting (27 April 2020)
Matters for Report Report on the management status of Internal Accounting Control System
Report on the revision of the Internal Accounting Management Policy
Consent to designation of delegate for review on the status of internal accounting
Report on agreement of support services to Audit Committee
Report on 2020 comprehensive audit plan
Report on the Fair Trade Commission’s measure on internal transaction
Participants Attendance - - - - - -
Choe Jong-hak Present - - - - - -
Kim Eon-soo Present - - - - - -
Kim Young-sun Present - - - - - -
title
4th Audit Committee Meeting (31 July 2020)
Matters for Report Report on the management status of Internal Accounting Control System
Report on 2020 comprehensive audit plan and progress
Internal audit department’s internal audit report
Participants Attendance - - - - - -
Choe Jong-hak Present - - - - - -
Kim Eon-soo Present - - - - - -
Kim Young-sun Present - - - - - -
1st Audit Committee Meeting (5 February 2020)

<Matters for Report>

  • Internal accounting manager’s report on the management of Internal Accounting Control System
  • Report on the review of issuing price of convertible preferred stock offerings in raising capital
  • Report by outside auditor
  • Report by internal audit department
2nd Audit Committee Meeting (4 March 2020)

<Matters for Report>

  • Submission of Assessment of the Management of Internal Accounting Control System
  • Submission of Audit Committee’s Audit Report
  • Submission of Audit Committee’s Written Opinion on Internal Audit Controls

<Matters for Resolution>

Agenda No. 1
Approval of the changes to the 61st (Year 2019) Consolidated Financial Statement

Approved

3rd Audit Committee Meeting (27 April 2020)

<Matters for Report>

  • Report on the management status of Internal Accounting Control System
  • Report on the revision of the Internal Accounting Management Policy
  • Consent to designation of delegate for review on the status of internal accounting
  • Report on agreement of support services to Audit Committee
  • Report on 2020 comprehensive audit plan
  • Report on the Fair Trade Commission’s measure on internal transaction
4th Audit Committee Meeting (31 July 2020)

<Matters for Report>

  • Report on the management status of Internal Accounting Control System
  • Report on 2020 comprehensive audit plan and progress
  • Internal audit department’s internal audit report

Status of 2019

Audit Committee Meeting
title
1st Audit Committee Meeting (31 January 2019)
Matters for Report Report on management of Internal Accounting Control System
2018 financial audit timeline
Significant audit findings
Group audit related matters
Independence
Matters for Resolution
(2 items)
Agenda No. 1 : Approval of amendment to Internal Accounting Management Policy
Agenda No. 2 : Designation of outside auditor
Participants Attendance No. 1 No. 2 - - - -
Shin Dong-yeop Present Approve Approve - - - -
Lee Ok-sub Present Approve Approve - - - -
Choe Jeong-il Present Approve Approve - - - -
Result Approved Approved
title
2nd Audit Committee Meeting (20 February 2019)
Matters for Report Submission of Audit Committee’s Written Opinion on Internal Audit Controls
Submission of Audit Committee’s Audit Report
Participants Attendance - - - - - -
Shin Dong-yeop Present - - - - - -
Lee Ok-sub Present - - - - - -
Choe Jeong-il Present - - - - - -
Result
title
3rd Audit Committee Meeting (26 April 2019)
Matters for Report Scope and timeline of audit
Recent trend in accounting and audit systems
Discussions on key matters with outside auditor
Participants Attendance - - - - - -
Choe Jeong-il Present - - - - - -
Shin Dong-yeop Present - - - - - -
Choe Jong-hak Present - - - - - -
Result
title
4th Audit Committee Meeting (31 July 2019)
Matters for Report Report on the management status of Internal Accounting Control System
Discussions on key matters with outside auditor
Internal audit department’s internal audit report
Participants Attendance - - - - - -
Choe Jeong-il Present - - - - - -
Shin Dong-yeop Present - - - - - -
Choe Jong-hak Present - - - - - -
Result
title
5th Audit Committee Meeting (18 September 2019)
Matters for Report Matters related to Internal Accounting Control System
Report on the management status of Internal Accounting Control System
Participants Attendance - - - - - -
Choe Jeong-il Present - - - - - -
Shin Dong-yeop Present - - - - - -
Choe Jong-hak Present - - - - - -
Result
title
6th Audit Committee Meeting (30 October 2019)
Matters for Report 2019 internal accounting review timeline
Matters related to Internal Accounting Control System
Audit engagement and independence
Audit strategy
Corruption and corruption risk, compliance to other laws and regulations
Participants Attendance - - - - - -
Choe Jeong-il Present - - - - - -
Shin Dong-yeop Present - - - - - -
Choe Jong-hak Present - - - - - -
Result
1st Audit Committee Meeting (31 January 2019)

<Matters for Report>

  • Report on management of Internal Accounting Control System
  • 2018 financial audit timeline
  • Significant audit findings
  • Group audit related matters
  • Independence

<Matters for Resolution>

Agenda No. 1
Approval of amendment to Internal Accounting Management Policy

Approved

Agenda No. 2
Designation of outside auditor

Approved

2nd Audit Committee Meeting (20 February 2019)

<Matters for Report>

  • Submission of Audit Committee’s Written Opinion on Internal Audit Controls
  • Submission of Audit Committee’s Audit Report
3rd Audit Committee Meeting (26 April 2019)

<Matters for Report>

  • Scope and timeline of audit
  • Recent trend in accounting and audit systems
  • Discussions on key matters with outside auditor
4th Audit Committee Meeting (31 July 2019)

<Matters for Report>

  • Report on the management status of Internal Accounting Control System
  • Discussions on key matters with outside auditor
  • Internal audit department’s internal audit report
5th Audit Committee Meeting (18 September 2019)

<Matters for Report>

  • Matters related to Internal Accounting Control System
  • Report on the management status of Internal Accounting Control System
6th Audit Committee Meeting (30 October 2019)

<Matters for Report>

  • 2019 internal accounting review timeline
  • Matters related to Internal Accounting Control System
  • Audit engagement and independence
  • Audit strategy
  • Corruption and corruption risk, compliance to other laws and regulations

Status of 2018

Audit Committee Meeting
title
1st Audit Committee Meeting (31 January 2018)
Matters for Report Timeline and discussion on 2017 year-end audit
Review on the status of design and operation of Internal Accounting Control System
Recent trend in accounting and audit systems
59th Internal Accounting Control System Evaluation Report
Matters for Resolution
(1 item)
Agenda No. 1: Approval of the 59th (Year 2017) Financial Statement and Business Report
Participants Attendance No. 1 - - - - -
Choe Jeong-il Present Approve - - - - -
Shin Dong-yeop Present Approve - - - - -
Lee Ok-sub Present Approve - - - - -
Result Approved
title
2nd Audit Committee Meeting (27 February 2018)
Matters for Report Submission of Audit Committee’s Written Opinion on Internal Audit Controls
Submission of Audit Report by Audit Committee
Participants Attendance - - - - - -
Choe Jeong-il Present - - - - - -
Shin Dong-yeop Present - - - - - -
Lee Ok-sub Present - - - - - -
Result
title
3rd Audit Committee Meeting (9 May 2018)
Matters for Report Scope and timeline of audit
Introduction of core audit items
Recent trend in accounting and audit systems
Matters for Resolution
(1 item)
Agenda No. 1 : Appointment of representative audit committee member
Participants Attendance No. 1 - - - - -
Choe Jeong-il Present Approve - - - - -
Shin Dong-yeop Present Approve - - - - -
Lee Ok-sub Present Approve - - - - -
Result Approved
title
4th Audit Committee Meeting (26 July 2018)
Matters for Report 2018 accounting audit timeline
Recent trend in Audit Committee related systems
Participants Attendance - - - - - -
Choe Jeong-il Present - - - - - -
Shin Dong-yeop Present - - - - - -
Lee Ok-sub Present - - - - - -
Result
title
5th Audit Committee Meeting (29 October 2018)
Matters for Report 2018 accounting audit timeline
Relationship between Audit Committee and outside auditor
Participants Attendance - - - - - -
Choe Jeong-il Present - - - - - -
Shin Dong-yeop Present - - - - - -
Lee Ok-sub Present - - - - - -
Result
1st Audit Committee Meeting (31 January 2018)

<Matters for Report>

  • Timeline and discussion
    on 2017 year-end audit
  • Review on the status of design
    and operation of Internal Accounting Control System
  • Recent trend in accounting and audit systems
  • 59th Internal Accounting
    Control System Evaluation Report

<Matters for Resolution>

Agenda No. 1
pproval of the 59th (Year 2017)
Financial Statement and Business Report

Approved

2nd Audit Committee Meeting (27 February 2018)

<Matters for Report>

  • Submission of Audit Committee’s Written
    Opinion on Internal Audit Controls
  • Submission of Audit Report by Audit Committee
3rd Audit Committee Meeting (9 May 2018)

<Matters for Report>

  • Scope and timeline of audit
  • Introduction of core audit items
  • Recent trend in accounting and audit systems

<Matters for Resolution>

Agenda No. 1
Appointment of representative audit committee member

Approved

4th Audit Committee Meeting (26 July 2018)

<Matters for Report>

  • 2018 accounting audit timeline
  • Recent trend in Audit Committee related systems
5th Audit Committee Meeting (29 October 2018)

<Matters for Report>

  • 2018 accounting audit timeline
  • Relationship between Audit Committee and outside auditor

Non-executive Director Nomination Committee

title
Non-executive Director
Nomination Committee
(total of 3 members)
Chairperson Kim Young-sun Purpose of the CommitteeThe Committee has the authority to nominate candidates for non-executive directors at the Shareholders General Meeting.
MandateIn the case the Committee nominates a candidate for non-executive director, a Non-executive Director Nomination Committee is held as a non-standing committee. The Committee is responsible to verify the independency of the nominee against the company and the largest shareholder and the nominee’s capability required by a global company and make its recommendation to the Board of Directors.
Members Choe Jong-hak
Members Lee Kyoung-mi
title
Non-executive Director
Nomination Committee
(total of 3 members)
Chairperson Kim Young-sun
Members Choe Jong-hak
Members Lee Kyoung-mi
Purpose of the CommitteeThe Committee has the authority to nominate candidates for non-executive directors at the Shareholders General Meeting.
MandateIn the case the Committee nominates a candidate for non-executive director, a Non-executive Director Nomination Committee is held as a non-standing committee. The Committee is responsible to verify the independency of the nominee against the company and the largest shareholder and the nominee’s capability required by a global company and make its recommendation to the Board of Directors.

Status of 2020

Non-executive Director Nomination Committee Meeting
title
1st Non-executive Director Nomination Committee Meeting (5 February 2020)
Matters for Deliberation Deliberation on nomination for non-executive director candidate
Participants Attendance - - - - - -
Choe Jeong-il Present - - - - - -
Shin Dong-yeop Present - - - - - -
Choe Jong-hak Present - - - - - -
title
2nd Non-executive Director Nomination Committee Meeting (4 March 2020)
Matters for Resolution
(1 item)
Agenda No. 1 : Nomination of non-executive director candidate
Participants Attendance No. 1 - - - - -
Choe Jeong-il Present Approve - - - - -
Shin Dong-yeop Present Approve - - - - -
Choe Jong-hak Present Approve - - - - -
Result Approved
title
3rd Non-executive Director Nomination Committee Meeting (27 April 2020)
Matters for Resolution
(1 item)
Agenda No. 1 : Appointment of Chairperson of Non-executive Director Nomination
Participants Attendance No. 1 - - - - -
Kim Young-sun Present Approve - - - - -
Choe Jong-hak Present Approve - - - - -
Lee Kyoung-mi Present Approve - - - - -
Result Approved
1st Non-executive Director Nomination Committee Meeting (5 February 2020)

<Matters for Deliberation>

  • Deliberation on nomination for non-executive director candidate
2nd Non-executive Director Nomination Committee Meeting (4 March 2020)

<Matters for Resolution>

Agenda No. 1
Nomination of non-executive director candidate

Approved

3rd Non-executive Director Nomination Committee Meeting (27 April 2020)

<Matters for Resolution>

Agenda No. 1
Appointment of Chairperson of Non-executive Director Nomination Committee

Approved

Status of 2019

Non-executive Director Nomination Committee Meeting
title
1st Non-executive Director Nomination Committee Meeting (31 January 2019)
Matters for Resolution
(1 item)
Agenda No. 1 : Nomination of non-executive director candidate
Participants Attendance No. 1 - - - - -
Shin Dong-yeop Present Approve - - - - -
Lee Ok-sub Present Approve - - - - -
Choe Jeong-il Present Approve - - - - -
Result Approved
title
2nd Non-executive Director Nomination Committee Meeting (26 April 2019)
Matters for Resolution
(1 item)
Agenda No. 1 : Appointment of Chairperson of Non-executive Director Nomination Committee
Participants Attendance No. 1 - - - - -
Shin Dong-yeop Present Approve - - - - -
Choe Jeong-il Present Approve - - - - -
Choe Jong-hak Present Approve - - - - -
Result Approved
1st Non-executive Director Nomination Committee Meeting (31 January 2019)

<Matters for Resolution>

Agenda No. 1
Nomination of non-executive director candidate

Approved

2nd Non-executive Director Nomination Committee Meeting (26 April 2019)

<Matters for Resolution>

Agenda No. 1
Appointment of Chairperson of Non-executive Director Nomination Committee

Approved

Status of 2018

Non-executive Director Nomination Committee Meeting
title
1st Non-executive Director Nomination Committee Meeting (26 February 2018)
Matters for Resolution
(1 item)
Agenda No. 1 : Nomination of non-executive director candidate for the 59th Annual Shareholders General Meeting
Participants Attendance No. 1 - - - - -
Shin Dong-yeop Present Approve - - - - -
Lee Ok-sub Present Approve - - - - -
Choe Jeong-il Present Approve - - - - -
Result Approved
1st Non-executive Director Nomination Committee Meeting (26 February 2018)

<Matters for Resolution>

Agenda No. 1
Nomination of non-executive director candidate for the 12th Annual Shareholders General Meeting

Approved

Internal Transaction Committee

title
Internal Transaction Committee
(total of 3 members)
Chairperson Choe Jong-hak Purpose of the CommitteeThe Committee deliberates on matters required for review before presenting to the Board of Directors regarding transactions with persons of special relationship as the counterparty.
MandateThe Committee shall deliberate on matters delegated by the Board of Directors, matters that require review before presenting to the Board of Directors, or matters related to internal transactions that require the approval of the Board of Directors defined by the Monopoly Regulation and Fair Trade Act and the Commercial Act.
Matters for Deliberation : Matters concerning internal transactions defined as matters that require the approval of the Board of Directors by the Monopoly Regulation and Fair Trade Act and the Commercial Act, or other matters concerning internal transactions deemed necessary by the Board of Directors or the Committee
Members Kim Eon-soo
Members Kim Seung-hwan
title
Internal Transaction Committee
(total of 3 members)
Chairperson Choe Jong-hak
Members Kim Eon-soo
Members Kim Seung-hwan
Purpose of the CommitteeThe Committee deliberates on matters required for review before presenting to the Board of Directors regarding transactions with persons of special relationship as the counterparty.
MandateThe Committee shall deliberate on matters delegated by the Board of Directors, matters that require review before presenting to the Board of Directors, or matters related to internal transactions that require the approval of the Board of Directors defined by the Monopoly Regulation and Fair Trade Act and the Commercial Act.
Matters for Deliberation : Matters concerning internal transactions defined as matters that require the approval of the Board of Directors by the Monopoly Regulation and Fair Trade Act and the Commercial Act, or other matters concerning internal transactions deemed necessary by the Board of Directors or the Committee

Status of 2020

Internal Transaction Committee Meeting
title
1st Internal Transaction Committee Meeting (5 February 2020)
Matters for Deliberation Deliberation on transaction between affiliated companies
Participants Attendance - - - - - -
Choe Jong-hak Present - - - - - -
Shin Dong-yeop Present - - - - - -
Kim Seung-hwan Present - - - - - -
title
2nd Internal Transaction Committee Meeting (4 March 2020)
Matters for Deliberation Provision of collateral on affiliated company
Participants Attendance - - - - - -
Choe Jong-hak Present - - - - - -
Shin Dong-yeop Present - - - - - -
Kim Seung-hwan Present - - - - - -
title
3rd Internal Transaction Committee Meeting (27 April 2020)
Matters for Deliberation Agenda No. 1 : Deliberation on provision of collateral on affiliated company
Participants Attendance No. 1 - - - - -
Choe Jong-hak Present Approve - - - - -
Kim Seung-hwan Present Approve - - - - -
Result Approved
title
4th Internal Transaction Committee (31 July 2020)
Matters for Deliberation Agenda No. 1 : Provision of collateral on affiliated company
Agenda No. 2 : Large scale product & service transaction following an amendment to the enforcement ordinance of the Monopoly Regulation and Fair Trade Act
Participants Attendance No. 1 No. 2 - - - -
Choe Jong-hak Present Approve Approve - - - -
Kim Eon-soo Present Approve Approve - - - -
Kim Seung-hwan Present Approve Approve - - - -
Result Approved Approved
1st Internal Transaction Committee Meeting (5 February 2020)

<Matters for Deliberation>

  • Deliberation on transaction between affiliated companies
2nd Internal Transaction Committee Meeting (4 March 2020)

<Matters for Deliberation>

Agenda No. 1
Provision of collateral on affiliated company
3rd Internal Transaction Committee Meeting (27 April 2020)

<Matters for Deliberation>

Agenda No. 1
Deliberation on provision of collateral on affiliated company

Approved

4th Internal Transaction Committee Meeting (31 July 2020)

<Matters for Deliberation>

Agenda No. 1
Provision of collateral on affiliated company

Approved

Agenda No. 2
Large scale product & service transaction following an amendment to the enforcement ordinance of the Monopoly Regulation and Fair Trade Act

Approved

Status of 2019

Internal Transaction Committee Meeting
title
1st Internal Transaction Committee Meeting (30 October 2019)
Matters for Resolution
(1 item)
Agenda No. 1 : Appointment of Chairperson of Internal Transaction Committee
Participants Attendance No. 1 - - - - -
Choe Jong-hak Present Approve - - - - -
Shin Dong-yeop Present Approve - - - - -
Kim Seung-hwan Present Approve - - - - -
Result Approved
1st Internal Transaction Committee Meeting (30 October 2019)

<Matters for Resolution>

Agenda No. 1
Appointment of Chairperson of Internal Transaction Committee

Approved

Compensation Committee

title
Compensation Committee
(total of 3 members)
Chairperson Kim Young-sun Purpose of the CommitteeThe Compensation Committee shall discuss, deliberate, and make decisions on matters related to compensation for executives.
MandateDiscuss, deliberate, and make decisions on matters delegated by the Board of Directors, matters that require preliminary review before presenting to the Board of Directors, and other matters related to compensation for executives.
Agendas : matters related to the appropriateness assessment of remuneration limit of directors submitted to the Annual General Meeting by the Board of Directors, or matters deemed necessary
Members Choe Jong-hak
Members Bae Dong-hyun
title
Compensation Committee
(total of 3 members)
Chairperson Kim Young-sun
Members Choe Jong-hak
Members Bae Dong-hyun
Purpose of the CommitteeThe Compensation Committee shall discuss, deliberate, and make decisions on matters related to compensation for executives.
MandateDiscuss, deliberate, and make decisions on matters delegated by the Board of Directors, matters that require preliminary review before presenting to the Board of Directors, and other matters related to compensation for executives.
Agendas : matters related to the appropriateness assessment of remuneration limit of directors submitted to the Annual General Meeting by the Board of Directors, or matters deemed necessary

Status of 2020

Compensation Committee Meeting
title
1st Compensation Committee Meeting (4 March 2020)
Matters for Report Establishment and amendment of company policies
Matters for Resolution
(1 item)
Agenda No. 1 : Approval of the agenda on remuneration limit for board directors for the 61st Annual General Meeting
Participants Attendance No. 1 - - - - -
Shin Dong-yeop Present Approve - - - - -
Choe Jong-hak Present Approve - - - - -
Bae Dong-hyun Present Approve - - - - -
Result Approved
title
2nd Compensation Committee Meeting (27 April 2020)
Matters for Resolution
(1 item)
Agenda No. 1 : Appointment of Chairperson of Compensation Committee
Participants Attendance No. 1 - - - - -
Kim Young-sun Present Approve - - - - -
Choe Jong-hak Present Approve - - - - -
Bae Dong-hyun Present Approve - - - - -
Result Approved
1st Compensation Committee Meeting (4 March 2020)

<Matters for Deliberation>

  • Establishment and amendment of company policies

<Matters for Resolution>

Agenda No. 1
Approval of the agenda on remuneration limit for board directors for the 61st Annual General Meeting

Approved

2nd Compensation Committee Meeting (27 April 2020)

<Matters for Resolution>

Agenda No. 1
Appointment of Chairperson of Compensation Committee

Approved

Status of 2019

Compensation Committee Meeting
title
1st Compensation Committee Meeting (30 October 2019)
Matters for Resolution
(1 item)
Agenda No. 1 : Appointment of Chairperson of Compensation Committee
Participants Attendance No. 1 - - - - -
Shin Dong-yeop Present Approve - - - - -
Choe Jong-hak Present Approve - - - - -
Bae Dong-hyun Present Approve - - - - -
Result Approved
1st Compensation Committee Meeting (30 October 2019)

<Matters for Resolution>

Agenda No. 1
Appointment of Chairperson of Compensation Committee

Approved

Executive Committee

title
Executive Committee
(total of 2 members)
Chairperson Bae Dong-hyun Purpose of the CommitteeThe Executive Committee is established to increase expertise and efficiency of management decisions. The Committee is to deliberate and make decisions on business matters delegated by the Board of Directors.
MandateDiscuss, deliberate and make decisions on matters delegated by the Board of Directors, matters that require preliminary reviews before presenting to the Board of Directors, and other matters regarding overall management of the company.
Agendas: Important matters related to company management among matters that involve business, financials and others
Members Suh Kyung-bae
- -
title
Executive Committee
(total of 2 members)
Chairperson Bae Dong-hyun
Members Suh Kyung-bae
- -
Purpose of the CommitteeThe Executive Committee is established to increase expertise and efficiency of management decisions. The Committee is to deliberate and make decisions on business matters delegated by the Board of Directors.
MandateDiscuss, deliberate and make decisions on matters delegated by the Board of Directors, matters that require preliminary reviews before presenting to the Board of Directors, and other matters regarding overall management of the company.
Agendas: Important matters related to company management among matters that involve business, financials and others

Status of 2020

Executive Committee Meeting
title
1st Executive Committee Meeting (26 February 2020)
Matters for Resolution
(1 item)
Agenda No. 1 : Agreement on the sale of Seongam Building
Participants Attendance No. 1 - - - - -
Bae Dong-hyun Present Approve - - - - -
Suh Kyung-bae Present Approve - - - - -
Result Approved
title
2nd Executive Committee Meeting (2 March 2020)
Matters for Resolution
(1 item)
Agenda No. 1 : Change of buyer in the agreement for the sale of Seongam Building
Participants Attendance No. 1 - - - - -
Bae Dong-hyun Present Approve - - - - -
Suh Kyung-bae Present Approve - - - - -
Result Approved
title
3rd Executive Committee Meeting (27 April 2020)
Matters for Resolution
(1 item)
Agenda No. 1 : Approval of agreement on the sale of Seongam Building following a change in buyer
Participants Attendance No. 1 - - - - -
Bae Dong-hyun Present Approve - - - - -
Suh Kyung-bae Present Approve - - - - -
Result Approved
1st Executive Committee Meeting (26 February 2020)

<Matters for Resolution>

Agenda No. 1
Agreement on the sale of Seongam Building

Approved

2nd Executive Committee Meeting (2 March 2020)

<Matters for Resolution>

Agenda No. 1
Change of buyer in the agreement for the sale of Seongam Building

Approved

3rd Executive Committee Committee Meeting (27 April 2020)

<Matters for Resolution>

Agenda No. 1
Approval of agreement on the sale of Seongam Building following a change in buyer

Approved

Status of 2019

Executive Committee Meeting
title
1st Executive Committee Meeting (5 June 2019)
Matters for Report H1 achievements and H2 plans in sustainable management
Participants Attendance - - - - - -
Suh Kyung-bae Present - - - - - -
Bae Dong-hyun Present - - - - - -
Result
1st Executive Committee Meeting (5 June 2019)

<Matters for Report>

  • H1 achievements and H2 plans in sustainable management

Status of 2018

Executive Committee Meeting
title
1st Executive Committee Meeting (17 May 2018)
Matters for Report Report on the global trend in sustainability management and discussion on strategies in response to issues
Participants Attendance - - - - - -
Suh Kyung-bae Present - - - - - -
Bae Dong-hyun Present - - - - - -
Result
title
2nd Executive Committee Meeting (20 December 2018)
Matters for Report Global trend in environmental issues and company-wide response measures
Participants Attendance - - - - - -
Suh Kyung-bae Present - - - - - -
Bae Dong-hyun Present - - - - - -
Result
1st Executive Committee Meeting (17 May 2018)

<Matters for Report>

  • Report on the global trend in sustainability
    management and discussion on strategies in response to issues
2nd Executive Committee Meeting (20 December 2018)

<Matters for Report>

  • Global trend in environmental issues and company-wide response measures

Risk Management Committee

title
Risk Management
Committee
(total of 3 members)
Chairperson Bae Dong-hyun Purpose of the CommitteeThe Risk Management Committee is to discuss, deliberate and make decisions on matters related to the overall business risk.
MandateDiscuss, deliberate and make decisions on matters delegated by the Board of Directors, matters that require preliminary reviews before presenting to the Board of Directors, and other matters regarding overall business risk.
Matters for Report or Agendas: Matters regarding prevention of risks, matters on management of risks that occurred, and matters on improvement measures after closure of risks
Members Suh Kyung-bae
Members Kim Seung-hwan
title
Risk
Management Committee
(total of 3 members)
Chairperson Bae Dong-hyun
Members Suh Kyung-bae
Members Kim Seung-hwan
Purpose of the CommitteeThe Risk Management Committee is to discuss, deliberate and make decisions on matters related to the overall business risk.
MandateDiscuss, deliberate and make decisions on matters delegated by the Board of Directors, matters that require preliminary reviews before presenting to the Board of Directors, and other matters regarding overall business risk.
Matters for Report or Agendas: Matters regarding prevention of risks, matters on management of risks that occurred, and matters on improvement measures after closure of risks

Status of 2019

Risk Management Committee Meeting
title
1st Risk Management Committee Meeting (7 March 2019)
Matters for Report 2019 risk environment
2018 risk occurrence analysis
2019 key risks and response measures
Participants Attendance - - - - - -
Suh Kyung-bae Present - - - - - -
Bae Dong-hyun Present - - - - - -
Kim Seung-hwan Present - - - - - -
Result
1st Risk Management Committee Meeting (7 March 2019)

<Matters for Report>

  • 2019 risk environment
  • 2018 risk occurrence analysis
  • 2019 key risks and response measures

Status of 2018

Risk Management Committee Meeting
title
1st Risk Management Committee Meeting (16 August 2018)
Matters for Report H1 global and local risk environment
Status of risk occurrences in H1
Review of key incidents in H1
Potential risks in H2
Participants Attendance - - - - - -
Suh Kyung-bae Present - - - - - -
Bae Dong-hyun Present - - - - - -
Kim Seung-hwan Present - - - - - -
Result
1st Risk Management Committee Meeting (16 August 2018)

<Matters for Report>

  • H1 global and local risk environment
  • Status of risk occurrences in H1
  • Review of key incidents in H1
  • Potential risks in H2