기업지배구조
구성원 공통의 가치를 위한
제도와 운영기구를 소개합니다.
Shareholder proposal procedure
In accordance with Article 542-6 of the Commercial Act, Shareholders holding shares equal to or greater than the 0.5% of the total number of outstanding shares, excluding non-voting shares, may propose, in writing or electronic documents, the appointment of a director at least six weeks prior to the date of the regular shareholders' meeting for the immediately preceding year, as the purpose of the general shareholders' meeting.
Unless the proposal made by the shareholders violates the statutes or the articles of incorporation, or falls under the grounds for rejection of a shareholder proposal specified in Article 12 of the Enforcement Decree of the Commercial Act, the Board of Directors specifies the said agenda in the notice of convening the general meeting of shareholders as the purpose of the meeting of shareholders.
If a shareholder proponent's request is made, the main content of the proposed agenda will also be specified in the notice of convening, and an opportunity will be granted to explain the said agenda at the general meeting of shareholders.
2024 regular meeting of shareholders
(2024.03.26 Held)
| Classification | Resolution classification | Meeting purpose | Number of shares in favor | Approval rating | |
|---|---|---|---|---|---|
| Agenda No. 1 | Ordinary | Approval of the 47th financial statements (including statement of disposition of retained earnings) and consolidated financial statements | 34,571,700 | 99.4% | |
| Agenda No. 2 | Ordinary | Partial amendment to the articles of incorporation | 36,497,259 | 99.7% | |
| Agenda No. 3 | No. 3-1 | Ordinary | Appointment of an Executive Director (Jaeil SON) | 34,230,166 | 93.5% |
| No. 3-2 | Ordinary | Appointment of an Executive Director (Huyjae CHON) | 36,489,410 | 99.7% | |
| No. 3-3 | Ordinary | Appointment of an Executive Director (Dojin JUNG) | 36,494,842 | 99.7% | |
| Agenda No. 4 | No. 4-1 | Special | Appointment of a member of the Audit Committee who is an outside director (Huyjae CHON) | 17,746,245 | 99.4% |
| No. 4-2 | Special | Appointment of a member of the Audit Committee who is an outside director (Dojin JUNG) | 17,741,002 | 99.3% | |
| Agenda No. 5 | Ordinary | Modification to executive retirement allowance payment regulations | 36,338,844 | 99.3% | |
| Agenda No. 6 | Ordinary | Approval of the limitation on the compensation for directors | 36,464,007 | 99.6% |
* Attendance rate excluding largest shareholders and related parties : 38.4%
ESG evaluation results
| Evaluation year | ESG rating | Environment | Social | Governance |
|---|---|---|---|---|
| 2023 | A | A (62.9) | A (61.4) | A (45.5) |
| 2022 | B+ | B+(55.1) | A(53.0) | B(26.9) |
| 2021 | A | A(64.1) | A(59.6) | A(62.4) |
| 2020 | A | A(66.4) | A(57.3) | B(43.0) |
| 2019 | B+ | B+(42.7) | B+(55.6) | A(45.0) |
Source: Korea Corporate Governance Service (KCGS)
Difference from the KCGS codes for ESG practices
| Recommendations of the codes | Adoption status at the time | Note |
|---|---|---|
| Introduction of the Charter on Corporate Governance | O | |
| Introduction of the ethics regulations for employees | O | |
| Adoption of the cumulative voting | - | |
| Composition of the BOD (majority are outside directors) | O | 7 directors in total and 4 outside directors |
| Separation of the CEO from Chairman of the Board of Directors or appointment of a senior outside director | - | |
| Notice on the BOD activities, attendance rate, and vote results of major agenda | O | |
| Composition of the External Director Candidate Recommendation Committee | O | 4 outside directors |
| Composition of the Compensation Committee | O | 3 outside directors |
| Composition of the Audit Committee (all outside directors) | O | 3 outside directors |
| Introduction of the regulations on the roles and operating procedures of the BOD and various committees | O | |
| Subscription of directors to the liability insurance at the expense of the Company | O | |
| Preservation of the independence of external auditors | O | |
| Certification of the accuracy and completeness of the financial reports for the CEO and the CFO | O | |
| Description of the difference from the model regulations | O | |
| Public disclosure of audit reports and important matters to be disclosed in Korean and English | O |