Committees of Board of Directors
Members of Audit Committee
| Classification | Name | Date of Appointment (Y, M, D) |
Career |
|---|---|---|---|
| Independent Director (Chair of the Committee) |
Shin, Jae Yong | 2023.03.23 | Professor of Business school at Seoul National University |
| Independent Director | In, Soh young | 2024.03.21 | Professor of Engineering school at KAIST |
| Independent Director | Namgung, Ju Hyun | 2024.03.21 | Professor of Law school at Sungkyunkwan University |
Major Responsibilities of the Audit Committee
The Audit committee is a committee within the board of directors, established to conduct audits in accordance with the relevant laws and the company’s articles of incorporation. The committee supervises the legitimacy of performance of directors and management, examines the validity of financial management and facilitates the selection of external auditors.
External Auditor
Unit: million KRW
| Year | External Auditor | Date of Appointment | Audit Service Pay | Non-audit Service Pay | Auditor’s Opinion |
|---|---|---|---|---|---|
| 2024 | Ernst & Young Han Young |
2023.12.14 (contract period 3 years) |
1,031 | 200 | Appropriate |
| 2023 | Deloitte Anjin LLC |
2021.03.16 (contract period 3 years) |
1,328 | 584 | Appropriate |
| 2022 | Deloitte Anjin LLC |
2021.03.16 (contract period 3 years) |
1,269 | 32 | Appropriate |
| 2021 | Deloitte Anjin LLC |
2021.03.16 (contract period 3 years) |
1,178 | 200 | Appropriate |
Procedure for Appointing Audit Committee Members
- 01 Selection of Audit Committee Member Candidate Utilization of internal and external manpower pool
- 02 Verification of the Audit Committee Member Candidate Verification of legal requirements, professionalism, qualification, and experience
- 03 Recommendation of Independent Director Candidate Recommendation of an independent director candidate qualified to be an audit committee member
- 04 Board
of
Directors Resolution of agenda regarding recommended candidates for audit committee member - 05 General
Shareholders’
Meeting Final appointment of the Audit Committee Member
Audit Committee Regulations Download
Audit Committee Activities
| Session | Date of Meeting (Y, M, D) |
Agenda | Approval Status | Status of Independent directior participation |
|---|---|---|---|---|
| Session 6 | 2024-11-11 | No.1 : Approval of non-audit service by external auditor | Approved | All 3 out of 3 attended |
| ※ Report on Third Quarter 2024 Internal audit performance | - | |||
| ※ Report on Third Quarter 2024 Financial performance | - | |||
| ※ External Auditor Reporting and communication | - | |||
| Session 5 | 2024-09-26 | ※ Interim operation results of separate/consolidated Internal Control over Financial Reporting in 2024 | - | All 3 out of 3 attended |
| ※ Report on Control Activities for Financial Fraud Risks, Including Embezzlement | - | |||
| ※ Report on Control Activities for Financial Risks Related to Fraud, Including Embezzlement | - | |||
| ※ Education of Audit committee members | - | |||
| Session 4 | 2024-08-09 | No.1 : Approval of non-audit service by external auditor | Approved | All 3 out of 3 attended |
| ※ Report on Second Quarter 2024 Internal Audit performance | - | |||
| ※ Report on Second Quarter 2024 Financial performance | - | |||
| ※ Report on process of non-audit service by external auditor | - | |||
| ※ External Auditor Reporting and communication | - | |||
| Session 3 | 2024-05-10 | No.1 : Revision of regulations of Internal Control over Financial Reporting | Approved | All 3 out of 3 attended |
| ※ Report on First Quarter 2024 Internal Audit performance | - | |||
| ※ Report on First Quarter 2024 Financial performance | - | |||
| ※ Report on establsiment of guideline for evaluation of Internal Control over Financial Reporting | - | |||
| ※ Report on results of financial inspection of DL E&C and affiliates | - | |||
| ※ External Auditor Reporting and communication | - | |||
| Session 2 | 2024-02-28 | No.1 : Review of 2023 Accounts settlement | Approved | 2 out of 3 attended |
| ※ Operation status of Internal Control over Financial Reporting in 2023(Re-report) | - | |||
| ※ Operation plan of separate/consolidated Internal Control over Financial Reporting in 2024 | - | |||
| ※ External Auditor Reporting and communication | - | |||
| Session 1 | 2024-02-14 | No.1 : Approval of 2024 Internal Audit Plan | Approved | All 3 out of 3 attended |
| ※ 2024 Audit Committee Meeting Plan | - | |||
| ※ Report on 2023 Internal Audit performance | - | |||
| ※ Report on operation status of separate/consolidated Internal Control over Financial Reporting in 2023 | - | |||
| Session 7 | 2023-12-14 | No.1 : Appointment of external auditor | Approved | All 3 out of 3 attended |
| Session 6 | 2023-11-08 | ※ Report on Third Quarter 2023 Internal audit performance | - | All 3 out of 3 attended |
| ※ Report on Third Quarter 2023 Financial performance | - | |||
| ※ External auditor appointment plan in 2024 | - | |||
| ※ External Auditor Reporting and communication | - | |||
| Session 5 | 2023-09-27 | ※ Interim operation results of the consolidated Internal Control over Financial Reporting in 2023 | - | All 3 out of 3 attended |
| ※ Education of Audit committee members | - | |||
| Session 4 | 2023.08.09 | ※ Report on Second Quarter 2023 Internal Audit performance | - | All 3 out of 3 attended |
| ※ Report on Second Quarter 2023 Financial performance | - | |||
| ※ External Auditor Reporting and communication | - | |||
| Session 3 | 2023.05.10 | No.1 : Appointment of the Chairman of the Audit Committee | Approved | All 3 out of 3 attended |
| No.2 : Revision of regulations of compliance monitoring and internal control management | Approved | |||
| ※ Report on First Quarter 2023 Internal Audit performance | - | |||
| ※ Report on First Quarter 2023 Financial performance | - | |||
| ※ Report on status of structuring the consolidated Internal Control over Financial Reporting | - | |||
| ※ External Auditor Reporting and communication | - | |||
| ※ Evaluation of audit results by external auditor in 2022 | - | |||
| Session 2 | 2023.02.22 | No.1 : Review of 2022 Accounts settlement | Approved | All 3 out of 3 attended |
| ※ Operation status of Internal Control over Financial Reporting in 2022(Re-report) | - | |||
| ※ Results of support for assessment operation status of Internal Control over Financial Reporting in 2022(Additional Report) | - | |||
| ※ Operation plan of Internal Control over Financial Reporting in 2023 | - | |||
| ※ Report on structuring the consolidated Internal Control over Financial Reporting | - | |||
| ※ External Auditor Reporting and communication | - | |||
| Session 1 | 2023.02.15 | No.1 : Approval of 2023 Internal audit plan | Approved | All 3 out of 3 attended |
| ※ 2023 Audit Committee Meeting Plan | - | |||
| ※ Report on 2022 Internal Audit performance | - | |||
| ※ Report on operation status of Internal Control over financial reporting in 2022 | - | |||
| ※ Results of support for assessment operation status of Internal Control over financial reporting in 2022 | - | |||
| Session 6 | 2022.11.09 | ※ Report on the Introduction of subcontract bond trust contracts | - | All 3 out of 3 attended |
| ※ Report on Third Quarter 2022 Internal audit performance | - | |||
| ※ Report on Third Quarter 2022 Financial performance | - | |||
| ※ Report on support preparation for accounting firms related to the evaluation of operation status of Internal Control over financial reporting | - | |||
| ※ External Auditor Reporting and communication | - | |||
| Session 5 | 2022.09.27 | ※ Results of interim evaluation of Internal Control over financial reporting | - | All 3 out of 3 attended |
| ※ Education of Audit committee members | - | |||
| Session 4 | 2022.08.10 | No.1 : Appointment of the head of the internal control organization | Approved | All 3 out of 3 attended |
| ※ Report on Second Quarter 2022 Internal Audit performance | - | |||
| ※ Report on Second Quarter 2022 Financial performance | - | |||
| ※ Report on the results of inspection of funds-related task | - | |||
| ※ External Auditor Reporting and communication | - | |||
| Session 3 | 2022.05.09 | ※ Report on First Quarter 2022 Internal Audit performance | - | All 3 out of 3 attended |
| ※ Report on First Quarter 2021 Financial performance | - | |||
| ※ Report on the progress of structuring the consolidated Internal Control over financial reporting | - | |||
| ※ Report on compliance monitoring and ethical management education completion system | - | |||
| ※ External Auditor Reporting and communication | - | |||
| ※ Evaluation of audit results by external auditor in 2021 | - | |||
| Session 2 | 2022.02.22 | ※ Operation status of Internal Control over Financial Reporting in 2021(Re-report) | - | All 3 out of 3 attended |
| ※ Results of support for assessment operation status of Internal Control over Financial Reporting in 2021(Additional Report) | - | |||
| ※ Operation plan of Internal Control over Financial Reporting in 2022 | - | |||
| ※ External Auditor Reporting and communication | - | |||
| ※ Assessment operation status of Internal Control over Financial Reporting of the Audit Committee | - | |||
| Session 1 | 2022.02.16 | No.1 : Revision of regulations of compliance monitoring and internal control management | Approved | All 3 out of 3 attended |
| No.2 : Approval of 2022 Internal Audit Plan | Approved | |||
| ※ 2022 Audit Committee Meeting Plan | - | |||
| ※ Report on 2021 Internal Audit performance | - | |||
| ※ Report on operation status of Internal Control over Financial Reporting in 2021 | - | |||
| ※ Results of support for assessment operation status of Internal Control over Financial Reporting in 2021 | - | |||
| ※ Enactment of regulations of compliance monitoring and internal control management | - | |||
| ※ Report on Directors And Officers Liability insurance | - | |||
| ※ Revision of legal risk regulations, Revision of operation regulations on compliance program, report on changes to compliance program manager | - | |||
| Session 6 | 2021.11.10 | ※ Report on Third Quarter 2021 Internal Audit performance | - | All 3 out of 3 attended |
| ※ Report on Third Quarter 2021 Financial performance | - | |||
| ※ External Auditor Reporting | - | |||
| Session 5 | 2021.09.29 | ※ Interim assessment of the report on the Audit Committee on Internal Control over Financial Reporting in 2020 | - | All 3 out of 3 attended |
| ※ Preparation of support for assessment operation status of Internal Control over Financial Reporting | - | |||
| ※ Audit Committee responsibilites and role education | - | |||
| Session 4 | 2021.08.11 | ※ Report on Second Quarter 2021 Internal Audit performance | - | All 3 out of 3 attended |
| ※ Report on ISO 37001 (Anti-Bribery Management System) Certification Plan | - | |||
| ※ Report on Second Quarter 2021 Operating Status of Internal Control over Financial Reporting | - | |||
| ※ Report on Second Quarter 2021 Financial performance | - | |||
| ※ External Auditor Reporting | - | |||
| Session 3 | 2021.05.12 | ※ Report on First Quarter 2021 Internal Audit performance | - | All 3 out of 3 attended |
| ※ ISO 37001 (Anti-Bribery Management System) Certification Plan | - | |||
| ※ Operating Status of Internal Control over Financial Reporting for Q1 2021 | - | |||
| ※ Report on First Quarter 2021 Financial performance | - | |||
| ※ Report on enactment and revision of Legal & Compliance Office's major regulations | - | |||
| - Enactment of regulations of Internal Control over Financial Reporting | Approved | |||
| - Enactment of regulations of compliance monitoring and internal control management | Approved | |||
| ※ Report on revision of the Audit Committee Regulations | - | |||
| ※ External Auditor Reporting | - | |||
| Session 2 | 2021.03.16 | - Appointment of external auditor | Approved | All 3 out of 3 attended |
| Session 1 | 2021.01.27 | - Appointment of the Chairman of the Audit Committee | Approved | All 3 out of 3 attended |
| - Approval of 2021 Internal Audit Plan | Approved | |||
| ※ Report on 2021 Audit Committee Meeting Plan | - | |||
| ※ Report on 2021 Internal Control over Financial Reporting operation plan | - |
