Amorepacific Group
Corporate Governance
Audit Committee
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 |
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 Meeting1st 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 | - | - | - | - | - | - |
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 |
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 | - | - | - | - | - | - |
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 | - | - | - | - | - | - |
<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
<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
<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
<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 Meeting1st 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 |
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 |
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 |
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 |
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 |
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 |
<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
<Matters for Report>
- Submission of Audit Committee’s Written Opinion on Internal Audit Controls
- Submission of Audit Committee’s Audit Report
<Matters for Report>
- Scope and timeline of audit
- Recent trend in accounting and audit systems
- Discussions on key matters with outside auditor
<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
<Matters for Report>
- Matters related to Internal Accounting Control System
- Report on the management status of Internal Accounting Control System
<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 Meeting1st 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 |
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 |
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 |
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 |
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 |
<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
<Matters for Report>
- Submission of Audit Committee’s Written
Opinion on Internal Audit Controls - Submission of Audit Report by Audit Committee
<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
<Matters for Report>
- 2018 accounting audit timeline
- Recent trend in Audit Committee related systems
<Matters for Report>
- 2018 accounting audit timeline
- Relationship between Audit Committee and outside auditor
Non-executive Director Nomination Committee
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 |
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 Meeting1st 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 | - | - | - | - | - | - |
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 |
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 |
<Matters for Deliberation>
- Deliberation on nomination for non-executive director candidate
<Matters for Resolution>
- Agenda No. 1
- Nomination of non-executive director candidate
Approved
<Matters for Resolution>
- Agenda No. 1
- Appointment of Chairperson of Non-executive Director Nomination Committee
Approved
Status of 2019
Non-executive Director Nomination Committee Meeting1st 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 |
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 |
<Matters for Resolution>
- Agenda No. 1
- Nomination of non-executive director candidate
Approved
<Matters for Resolution>
- Agenda No. 1
- Appointment of Chairperson of Non-executive Director Nomination Committee
Approved
Status of 2018
Non-executive Director Nomination Committee Meeting1st 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 |
<Matters for Resolution>
- Agenda No. 1
- Nomination of non-executive director candidate for the 12th Annual Shareholders General Meeting
Approved
Internal Transaction Committee
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 |
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 Meeting1st 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 | - | - | - | - | - | - |
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 | - | - | - | - | - | - |
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 |
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 |
<Matters for Deliberation>
- Deliberation on transaction between affiliated companies
<Matters for Deliberation>
- Agenda No. 1
- Provision of collateral on affiliated company
<Matters for Deliberation>
- Agenda No. 1
- Deliberation on provision of collateral on affiliated company
Approved
<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 Meeting1st 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 |
<Matters for Resolution>
- Agenda No. 1
- Appointment of Chairperson of Internal Transaction Committee
Approved
Compensation Committee
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 |
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 Meeting1st 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 |
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 |
<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
<Matters for Resolution>
- Agenda No. 1
- Appointment of Chairperson of Compensation Committee
Approved
Status of 2019
Compensation Committee Meeting1st 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 |
<Matters for Resolution>
- Agenda No. 1
- Appointment of Chairperson of Compensation Committee
Approved
Executive Committee
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 | ||
- | - |
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 Meeting1st 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 |
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 |
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 |
<Matters for Resolution>
- Agenda No. 1
- Agreement on the sale of Seongam Building
Approved
<Matters for Resolution>
- Agenda No. 1
- Change of buyer in the agreement for the sale of Seongam Building
Approved
<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 Meeting1st 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 |
<Matters for Report>
- H1 achievements and H2 plans in sustainable management
Status of 2018
Executive Committee Meeting1st 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 |
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 |
<Matters for Report>
- Report on the global trend in sustainability
management and discussion on strategies in response to issues
<Matters for Report>
- Global trend in environmental issues and company-wide response measures
Risk Management Committee
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 |
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 Meeting1st 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 |
<Matters for Report>
- 2019 risk environment
- 2018 risk occurrence analysis
- 2019 key risks and response measures
Status of 2018
Risk Management Committee Meeting1st 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 |
<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