Governance Story

Responsible Management Led by the
Board of Directors

Since our inception, we have strived to build transparent
corporate governance based on responsible management led by
the Board of Directors. In 2021, our “Governance Story” was
completed and disclosed publicly to declare our determination
to institute governance that earns greater trust from all of our
stakeholders. “Governance Story” prescribes our vision and tasks
aimed at achieving world-class governance from an ESG-centered
perspective.

In line with “Governance Story,” the Board of Directors actively
collaborates with executive management, including the CEO,
but maintains independent and transparent decision-making.
In particular, the Board of Directors is responsible for evaluating
the achievements of the CEO to determine his/her reappointment
and managing and selecting CEO candidates, as well as supervising
the performance of executive management through the
independent Audit Committee, with the aim of maximizing the
company’s value and shareholder return based on control and
balance.

The Board of Directors also remains committed to realizing the
happiness of all of our stakeholders, communicating closely with
them, and listening to the voices of the market.

Industry-leading governance

Board of Directors(as of March29, 2021)

  • Governance Committee

    • Handling governance issues (governance realignment, etc.)
  • New

    ESG Committee
    • Deliberating on mid-to- long-term growth and business policies from an ESG perspective
  • Reinforced

    Audit Committee
    • Overseeing financial reporting with reinforced independenceand expertise
  • New

    Nomination and Compen- sation Committee
    • Evaluating directors, recommending independent director candidates, and reviewing compensation for executive directors

Company

  • Conducting regular evaluations and training of the Board members
  • Designating dedicated organizational units to support

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